Oritani Financial Corp. ORIT Cash Flow

Oritani financial corp. (ORIT)

CashFlow / TTM

Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10
Cash flows from operating activities:
Net income
50,962	52,059	52,779	53,754	44,295	42,894	32,282	43,123	50,529	49,144	57,316	45,290	50,291	52,295	56,970	55,687	49,356	46,902	41,127	40,909	40,846	41,059	42,766	41,944	40,707	39,544	36,148	34,646	33,526	31,650	30,632	29,222	28,692	28,507	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
ESOP and stock-based compensation expense
3,192	3,152	3,120	3,087	3,669	3,682	3,757	3,838	4,450	5,144	6,529	7,887	9,690	10,387	10,331	10,264	8,778	8,764	8,766	8,800	8,958	8,992	8,965	8,944	9,115	9,028	8,931	8,782	7,942	7,180	5,657	4,172	2,636	1,705	0	0	0
Amount of cash inflow for realized tax benefit related to deductible compensation cost reported on the entity's tax return for equity instruments resulting from a tax deficiency associated with the compensation cost recognized for financial reporting purposes.
261	261	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation of premises and equipment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-1,083	-	-5,293	-4,363	-2,901	-2,118	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation of premises and equipment
-	-	-	-	-	-	0	0	828	-	901	917	918	910	896	899	914	935	952	960	962	957	959	963	967	975	979	975	962	930	893	868	851	856	0	0	0
Net amortization and accretion of premiums and discounts on securities
-1,120	-1,143	-1,169	-1,215	-1,197	-1,170	-1,200	-1,281	-1,350	-1,322	-1,261	-1,176	-1,112	-1,145	-1,158	-1,159	-1,197	-1,232	-1,249	-1,237	-1,187	-1,230	-1,397	-1,679	-1,965	-2,195	-2,361	-2,498	-2,519	-2,392	-2,157	-1,845	-1,289	-850	0	0	0
Reversal of provision for loan losses
0	-2,000	-2,000	-2,000	-2,000	0	0	0	0	-	-	0	0	0	0	0	0	200	200	400	600	700	950	1,350	2,650	3,850	5,100	6,000	6,500	8,500	9,500	10,300	10,800	9,300	0	0	0
Amortization and accretion of deferred loan fees, net
2,627	2,542	2,664	2,754	2,582	2,692	2,370	2,379	2,373	2,262	2,469	2,664	3,078	3,371	3,714	3,949	3,947	3,768	3,402	3,090	2,788	3,034	2,988	3,144	2,989	2,820	2,620	2,191	2,020	1,599	1,477	1,294	1,149	1,076	0	0	0
Decrease in deferred taxes
1,644	1,403	2,141	2,337	-10,114	-8,763	-10,108	-9,134	1,835	982	1,331	-3,153	-2,089	-229	1,068	5,115	5,434	3,707	2,595	3,914	1,888	2,871	3,747	2,428	4,075	5,098	5,164	5,622	5,475	3,969	2,978	1,321	-182	-213	0	0	0
Profit on sale of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-58	-66	-22	27	72	0	0	0	-	-	-	-	-	-	-	-
Change in fair value of equity securities
-103	-208	-187	-274	-119	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on sale of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	768	0	0	0	-	-	-	-	0	0	0	0	-	-	-	-	242	0	0	0
Gain (loss), before tax, on sale of real estate investments and real estate joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	37,544	41,163	41,154	15,838	11,616	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) Loss on Investment Securities, Net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
(Gain) on sale of real estate owned
884	855	0	0	0	-	-	-	-	0	0	0	238	328	328	329	81	-9	-9	-10	220	221	801	844	624	631	195	226	213	210	66	-8	5	718	0	0	0
Writedown of real estate owned
-	-	-	-	-	-	-	-	-	215	215	89	38	250	550	780	1,680	1,430	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increases in the value of the cash surrender value of bank owned life insurance policies.
2,429	2,434	2,442	2,450	2,469	2,492	2,517	2,549	2,585	2,618	2,653	2,689	2,701	2,718	2,730	2,737	2,739	2,555	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in cash surrender value of bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Increase in accrued interest receivable
87	674	547	623	521	641	589	621	1,381	677	943	530	573	677	567	543	-1,717	-948	-194	427	314	100	-355	-732	-415	-516	131	3	1,573	1,393	40	-17	-388	-188	0	0	0
Increase in other assets
-6,224	-11,435	-9,974	620	12,637	11,814	4,289	-6,265	-18,070	-20,194	-9,880	6,026	6,925	9,708	3,676	-4,942	3,784	-127	7,530	1,680	-3,442	-2,847	-9,017	-9,473	-4,809	-2,204	5,086	11,923	7,971	1,537	-5,437	-7,850	-8,510	-1,710	0	0	0
Increase in other liabilities
508	-292	-4,969	1,830	9,093	15,651	-7,346	-2,340	-15,317	-22,195	9,391	939	11,505	16,008	12,019	15,764	17,897	8,192	8,693	8,208	3,364	7,022	2,934	-1,122	822	4,787	3,653	6,200	2,706	1,127	762	-1,122	495	797	0	0	0
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	53,249	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
55,491	58,872	52,661	50,123	50,534	56,779	40,867	45,115	40,636	37,219	0	0	0	-	-	-	-	-	-	-	-	-	-	0	0	-	45,680	41,508	39,820	45,459	54,748	54,446	56,238	47,223	0	0	0
Cash flows from investing activities:
Net decrease (increase) in loans receivable
-213,807	-184,586	-202,011	-237,159	-132,162	-96,155	-19,506	147,900	311,158	366,559	409,244	341,637	316,048	273,846	236,967	254,638	184,632	251,699	325,471	247,997	294,925	229,186	168,444	193,411	175,694	291,494	323,596	366,013	390,145	328,070	265,919	200,361	189,878	178,307	0	0	0
Purchase of mortgage loans
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of mortgage loans
-	-	-	-	-	-	-	-	-	-	101,750	127,429	125,502	98,845	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	2,000	2,000	4,700	4,700	12,548	0	0	0
Purchase of securities available for sale
-	-	-	-	-	-	-	-	-	-	66,222	66,222	88,213	42,213	0	0	0	-	-	-	-	180,680	156,670	97,998	24,080	0	0	0	8,837	155,576	164,199	299,908	593,817	739,509	0	0	0
Purchase of debt securities held to maturity
75,575	68,106	100,348	154,333	134,336	144,959	157,494	95,149	103,672	110,664	73,639	73,280	80,717	82,591	96,541	95,399	66,679	99,289	64,308	65,966	55,215	3,116	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of Federal Home Loan Bank stock
12,018	21,440	29,790	38,283	45,685	43,858	48,845	53,871	68,539	69,224	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from payments, calls and maturities of debt securities available for sale
10,067	11,118	11,867	13,636	18,135	22,350	32,448	41,304	48,298	51,573	50,640	48,999	49,570	59,188	67,235	75,086	81,475	84,804	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Proceeds from payments, calls and maturities of debt securities held to maturity
72,366	70,216	66,552	55,717	52,367	48,247	42,425	42,991	40,093	36,561	34,479	28,453	25,611	22,010	29,387	25,212	22,880	20,291	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Proceeds from redemption of Federal Home Loan Bank stock
16,315	25,880	29,551	37,477	46,194	45,997	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from payments, calls and maturities of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-181,642	-186,994	-262,870	-254,331	0	0	0	-	-	-	-
Proceeds from payments, calls and maturities of securities held to maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-4,801	-5,441	-5,801	-6,575	0	0	0	-	-	-	-
Proceeds from sales of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37,912	37,912	17,245	31,995	18,129	18,129	18,129	3,380	0	0	0	0	-	-	-	-	181,049	0	0	0
Proceeds from sales of debt securities held to maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,375	3,375	3,375	3,375	8,938	8,938	8,938	8,938	0	0	0	0	-	-	-	-	-	-	-	-
Purchase of Bank Owned Life Insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,040	9,540	9,540	20,140	14,100	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of real estate owned
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Proceeds from redemption of Federal Home Loan Bank stock
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	-9,986	-	-6,087	-1,914	5,361	6,276	830	1,041	-406	4,548	9,270	9,921	8,865	11,378	8,273	4,242	8,423	1,763	0	0	0
Writedown of real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-372	-895	-1,719	-1,719	-1,703	0	0	0
Proceeds from sale of real estate owned
-	-	-	-	-	-	0	0	270	-	132	132	2,677	3,967	5,264	5,265	2,653	1,363	66	65	990	1,191	4,508	5,146	4,156	4,416	3,227	3,911	4,124	3,928	0	0	0	-	-	-	-
Proceeds from sales of real estate joint ventures and real estate investments
-	-	-	-	-	-	-	-	-	-	-	-	-	38,614	42,529	41,452	16,433	11,814	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in real estate held for investment
-	-	-	-	-	-	-	-	-	-	-	-	-	23	186	165	300	263	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in real estate held for investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-45	62	113	67	0	0	0	-	-	-	-
The net (increase) decrease in real estate joint ventures during the period..
-	-	-	-	-	-	-	-	-	155	-156	-202	-823	-648	-394	-729	-213	170	1,317	2,102	2,048	1,726	-22	-704	-938	-684	-319	132	455	-5	0	0	0	-	-	-	-
Additional investment in real estate held for investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Additional investment in real estate joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Distributions received from real estate joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Purchase of fixed assets
138	191	294	327	420	356	289	479	407	419	425	292	612	835	1,132	1,045	837	692	530	549	546	572	529	624	606	593	520	610	1,032	1,361	1,690	1,717	1,367	1,055	0	0	0
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-120,795	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Net cash provided by investing activities
104,626	73,383	53,862	21,928	20,799	-16,008	-16,575	-88,688	-298,841	-433,773	0	0	0	-	-	-	-	-	-	-	-	-	-	0	0	-	-168,988	-198,499	-145,518	-239,535	-103,392	-42,997	-288,145	-338,837	0	0	0
Cash flows from financing activities:
Net increase in deposits
12,521	8,116	-55,838	-42,388	3,979	58,650	274,280	354,519	423,766	596,475	455,553	470,598	487,885	297,266	274,214	327,609	329,710	381,762	419,762	329,910	254,018	161,272	164,667	111,291	63,702	29,997	-23,411	-4,030	-25,682	8,396	63,834	99,724	112,013	91,564	0	0	0
Purchase of treasury stock
28,455	28,747	28,747	36,500	8,113	7,834	7,834	81	79	1,574	1,574	1,574	1,571	1,593	2,190	8,290	14,055	22,720	26,070	19,970	14,160	5,533	1,586	1,586	1,568	1,524	4,969	5,229	29,579	134,308	0	0	0	-	-	-	-
Payments for purchase of restricted stock.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19,266	0	0	0	-	-	-	-
Dividends paid to shareholders
49,660	49,994	50,332	50,619	60,830	57,353	53,846	50,411	52,027	51,850	51,674	51,376	50,276	50,007	49,763	49,670	39,334	39,514	39,791	40,030	40,415	40,438	40,340	39,197	44,209	43,074	41,997	40,929	23,134	21,848	20,806	20,811	20,778	19,724	0	0	0
Exercise of stock options
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
(Decrease) increase in advance payments by borrowers for taxes and insurance
-652	438	1,442	-77	1,221	673	1,297	2,017	2,423	2,081	2,744	366	1,175	970	1,738	3,252	3,664	4,340	4,682	2,928	1,402	299	-109	-676	-749	589	418	-2,099	-2,561	-2,371	-1,802	-1,777	-2,041	-1,786	0	0	0
Increase in advance payments by borrowers for taxes and insurance
-652	438	1,442	-77	1,221	673	1,297	2,017	2,423	2,081	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	418	-2,099	-2,561	-2,371	-1,802	-1,777	-2,041	-1,786	0	0	0
Proceeds from borrowed funds
25,627	70,627	95,440	120,440	94,813	82,683	82,870	157,500	165,000	144,130	311,420	190,498	345,596	353,433	179,522	247,302	84,704	119,180	216,601	193,433	283,083	298,770	149,570	139,744	106,469	289,357	479,442	466,348	443,973	372,085	0	0	0	-	-	-	-
Repayment of borrowed funds
125,223	145,444	78,779	91,302	114,931	128,370	341,913	418,619	286,315	283,694	282,778	183,670	416,713	368,182	191,501	339,451	303,951	290,251	327,999	212,099	140,099	164,999	140,750	128,700	128,700	201,550	293,285	263,285	263,285	135,535	125,600	375,095	457,634	424,617	0	0	0
Payment of employee taxes withheld from shared-based awards
-	-	-	-	-	81	81	81	79	1,574	1,574	1,574	1,571	1,593	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit from stock based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	712	720	812	720	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	58,687	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-8,859	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by financing activities
-161,537	-140,592	-112,537	-91,905	-73,874	-39,501	-31,851	50,162	264,048	413,561	0	0	0	-	-	-	-	-	-	-	-	-	-	0	0	-	120,869	158,270	106,767	72,272	44,550	-8,986	120,632	78,518	0	0	0
Net increase (decrease) in cash and cash equivalents
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents
-	-	-	-	-	-	0	0	5,843	-	0	0	0	-	-	-	-	-	-	-	-	-	5,858	-964	122	626	-2,439	1,279	1,069	-121,804	-4,094	2,463	-111,275	-213,096	0	0	0
Supplemental cash flow information:
Cash Paid During Period for [Abstract]
Interest
57,554	54,286	50,778	47,313	44,725	42,770	42,091	40,989	39,609	38,085	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	35,498	-	34,521	32,494	31,726	30,931	30,417	29,944	29,905	29,969	30,437	31,836	32,526	33,523	34,657	35,195	35,786	36,445	0	0	0
Income taxes
17,169	17,543	22,766	22,590	26,992	22,668	23,002	23,103	23,609	30,103	22,430	30,676	28,383	27,272	32,870	29,362	28,317	25,224	27,371	22,166	19,300	22,784	24,502	24,113	30,530	32,451	29,781	29,745	24,842	22,512	18,681	18,779	19,131	13,440	0	0	0
Noncash item for lease adoption ASU 2016-02
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans receivable transferred to real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	317	1,773	3,266	2,949	2,949	1,493	3,000	3,350	3,470	6,224	3,224	3,424	3,899	1,697	2,433	2,801	4,193	4,316	4,608	8,978	0	0	0