Old second bancorp inc (OSBC)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities
Net income

31,262

39,455

38,539

36,008

32,991

34,012

22,880

21,315

20,200

15,138

22,668

18,090

16,789

15,684

14,499

14,924

15,208

15,385

14,541

13,541

11,433

10,136

7,360

77,360

78,816

82,085

83,396

10,592

8,367

-72

-4,597

-6,107

-6,346

-6,498

0

0

0

Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Net premium amortization/discount (accretion) on securities

-2,509

-2,726

-2,969

-3,057

-2,986

-2,969

-2,689

-2,496

-2,312

-1,881

-1,199

-520

162

638

664

460

150

-79

190

720

1,322

1,824

1,805

1,640

1,416

528

-148

-552

-954

-943

-703

-611

-494

-156

0

0

0

Securities (gains) losses, net

4,460

4,511

4,476

1,026

352

360

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for credit losses

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan and lease losses

-

1,600

1,950

1,400

2,400

1,228

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Change in market value on mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Provision for loan and lease losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

7,671

10,671

10,971

8,887

0

0

0

Provision for deferred tax expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan loss reserve release

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,300

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on recapture of restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

612

0

0

0

-

-

-

-

-

-

-

-

Provision for deferred tax expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,985

-7,434

-6,210

-5,563

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Originations of loans held-for-sale

189,299

164,696

152,912

125,872

128,649

133,930

141,737

144,608

147,562

146,867

160,791

186,282

190,672

194,901

183,238

159,021

173,030

190,041

191,814

185,657

154,873

122,996

115,068

121,393

148,123

181,497

234,450

273,917

280,557

291,559

284,745

260,506

244,583

228,960

0

0

0

Proceeds from sales of loans held-for-sale

186,954

168,472

153,908

128,616

131,541

137,622

143,399

147,827

152,281

151,289

166,466

190,979

197,572

197,654

188,057

163,815

177,861

196,431

195,510

187,614

153,831

124,458

117,622

124,106

154,856

191,019

241,937

282,935

288,587

303,561

296,734

268,194

247,260

231,420

0

0

0

Net gain on sales of mortgage loans

6,596

5,112

4,668

3,559

3,636

3,791

4,210

4,340

4,573

4,803

5,027

6,109

6,278

6,343

6,129

5,311

5,364

5,775

5,657

5,212

4,555

3,594

3,640

3,540

4,313

5,627

7,780

9,470

10,017

10,688

9,300

8,110

6,869

5,458

0

0

0

Change in fair value of mortgage servicing rights

3,977

2,662

3,825

2,890

1,858

734

-143

40

364

802

-246

-293

11

919

1,861

2,402

1,573

1,141

1,654

1,097

1,519

1,214

582

609

-62

-260

179

501

1,558

1,575

0

0

0

-

-

-

-

Net discount / premium from (accretion) amortization on loans

1,324

1,025

1,979

1,173

1,864

1,703

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in cash surrender value of BOLI

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash surrender value of BOLI

-

1,415

1,083

1,163

1,194

984

1,307

1,322

1,321

1,432

1,367

1,388

1,357

1,283

0

0

0

-

-

-

-

1,453

1,433

1,548

1,554

1,603

1,560

1,566

1,520

1,608

1,745

1,553

1,661

1,629

0

0

0

Net gains on sale of other real estate owned

214

264

330

838

785

792

736

400

480

474

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on sale of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,020

-

1,148

917

698

989

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on sale of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

776

1,053

1,100

1,311

0

0

0

Provision for other real estate owned valuation losses

0

-

-

-

-

581

563

1,364

1,502

1,708

1,895

1,340

1,437

1,570

1,556

2,319

3,918

4,076

5,603

5,995

4,732

4,559

4,537

4,978

6,742

8,293

0

0

0

-

-

-

-

-

-

-

-

Depreciation of fixed assets and amortization of leasehold improvements

2,486

2,462

2,514

2,559

2,524

2,423

2,324

2,255

2,250

2,306

2,366

2,384

2,318

2,288

2,252

2,267

2,342

2,386

2,414

2,429

2,448

2,485

2,534

2,593

2,692

2,794

2,882

2,967

3,019

3,074

0

0

0

-

-

-

-

Provision for other real estate owned losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

Net (gains) / losses on disposal and transfer of fixed assets

-

-

-

-

-

-

-

-

-

10

10

11

-2

-1

0

0

0

-

-

-

-

-

-

-

-

9

0

0

0

-

-

-

-

-

-

-

-

Securities (gains) losses, net

-

-

-

-

-

-

-

-

-

-

-

0

-2,288

-

-2,020

-118

-130

-178

84

1,372

1,679

1,719

-2,646

-3,884

-3,434

-1,912

2,460

2,980

2,927

1,575

1,349

773

593

631

0

0

0

Amortization of core deposit intangible

535

539

543

522

498

387

276

164

92

96

0

0

0

-

-

-

-

-

-

-

-

1,177

1,702

2,072

2,086

2,099

2,111

2,007

1,732

1,402

1,001

857

813

847

0

0

0

Change in current income taxes receivable

-557

1,546

4,326

3,876

1,258

1,678

-1,959

-2,233

-1,486

-2,519

71

-88

337

260

389

332

78

100

176

191

62

86

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Provision for deferred tax expense

4,371

6,436

7,556

9,385

10,665

9,840

14,757

13,078

12,533

13,662

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash surrender value of bank-owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in accrued interest receivable and other assets

10,535

6,318

6,756

277

-5,435

-1,218

-2,890

7,232

6,166

4,492

4,243

-4,764

3,443

53

4,459

5,198

3,628

4,213

-647

-1,659

-6,063

573

-5,465

-2,938

-7,741

-8,764

-10,484

-15,375

-7,801

-8,381

-6,644

-2,959

-7,922

-7,400

0

0

0

Accretion of purchase accounting adjustment on time deposits

-

-38

0

0

0

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of purchase accounting adjustment on notes payable and other borrowings

77

92

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of junior subordinated debentures issuance costs

679

48

48

48

48

47

47

47

47

48

48

48

48

48

48

47

47

47

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of senior notes issuance costs

114

112

111

100

100

100

100

100

101

102

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in accrued interest payable and other liabilities

17,652

6,863

5,324

9,770

-322

1,390

-557

-7,117

712

1,582

5,784

18,046

3,050

967

471

-378

-2,084

-2,668

-1,278

-1,410

-18,868

-20,001

-17,572

-14,842

5,161

8,877

7,771

7,568

5,333

8,119

2,257

1,273

110

-2,797

0

0

0

Stock based compensation

2,656

2,500

2,564

2,443

2,478

2,300

1,925

1,654

1,255

1,181

1,072

957

809

657

629

594

605

613

572

557

406

295

233

182

219

167

194

205

218

291

505

613

800

951

0

0

0

Net cash provided by operating activities

49,161

52,637

52,411

67,128

58,389

54,907

48,600

30,263

39,459

37,105

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,778

-

23,408

20,855

2,067

-6,307

1,127

-278

28,149

35,256

34,338

40,933

34,135

43,303

37,293

35,882

34,153

29,303

0

0

0

Cash flows from investing activities
Proceeds from maturities and calls including pay down of securities available-for-sale

52,519

41,752

40,382

48,368

43,529

40,641

44,952

58,961

104,775

117,389

120,764

131,182

87,944

78,305

76,063

43,625

48,118

46,230

34,125

30,206

17,637

16,520

17,283

19,742

24,334

40,028

51,877

-11,824

80,443

79,642

83,600

165,103

68,534

56,044

0

0

0

Proceeds from sales of securities available-for-sale

127,900

191,298

177,824

122,513

173,665

94,663

174,649

224,352

170,596

232,462

187,502

362,263

335,214

306,400

271,374

59,048

52,559

70,176

101,687

189,027

317,423

296,013

313,692

271,587

333,928

533,302

522,111

640,323

446,656

223,860

196,865

19,363

30,885

26,281

0

0

0

Purchases of securities available-for-sale

119,468

159,544

139,652

103,424

97,290

75,044

167,987

192,265

212,747

343,470

304,400

293,736

277,329

210,681

217,378

219,976

214,416

196,082

188,337

291,753

332,300

325,020

313,300

268,139

431,234

609,033

781,533

817,866

734,524

571,153

503,041

439,943

316,686

241,867

0

0

0

Proceeds from maturities and calls including pay down of securities held-to-maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

3,372

5,964

9,670

12,700

13,281

14,458

12,784

10,520

9,703

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of securities held-to-maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,212

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from sales of FHLBC stock

-

-3,516

200

94

741

295

-2,852

-1,049

-1,125

2,250

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Proceeds from sales of Federal Home Loan Bank stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Net change in loans

56,016

34,440

65,527

54,483

76,054

52,706

12,984

81,346

111,775

141,683

172,651

161,490

132,758

125,540

73,930

5,150

-8,892

-16,073

2,898

39,661

57,165

74,338

81,417

52,336

20,940

-21,505

-101,647

-105,566

-174,213

-167,490

-150,370

-195,589

-175,014

-216,503

0

0

0

Proceeds from claims on BOLI

-

-

-

-

-

1,204

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Improvements in other real estate owned

-

-

-

-

-

59

0

0

0

-

-

-

-

16

0

0

0

-

-

-

-

-

-

-

-

73

115

236

433

701

1,069

1,332

1,280

2,984

0

0

0

Proceeds from sales of other real estate owned, net of participation purchase

2,216

2,779

3,134

4,166

4,321

4,782

4,887

4,895

5,835

6,107

8,095

8,114

8,056

7,830

11,747

17,159

18,102

18,836

22,447

16,603

19,017

22,857

24,311

34,563

37,781

43,668

50,240

43,018

45,525

39,052

34,352

39,374

39,136

43,124

0

0

0

Proceeds from disposition of premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

0

0

0

-

-

-

-

-

-

-

-

Net purchases of premises and equipment

5,040

4,377

2,662

2,575

2,001

1,895

1,766

1,390

961

1,055

1,675

1,922

2,095

1,986

1,650

1,142

1,095

1,280

1,169

1,165

1,030

1,097

981

1,042

1,030

1,798

2,216

2,015

2,018

1,049

679

903

860

800

0

0

0

Net cash provided by investing activities

4,601

42,212

13,331

13,053

8,297

-25,841

8,616

-20,310

-41,994

-132,487

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-74,582

-

-19,057

-82,600

-27,449

-66,133

-43,198

-22,023

-82,535

9,581

-76,399

-40,226

12,166

-59,094

-37,352

-20,876

-3,790

95,942

0

0

0

Cash flows from financing activities
Net change in deposits

72,143

10,114

-57,741

-83,924

-86,909

-54,650

-5,243

3,193

24,894

56,140

62,839

79,126

91,566

58,805

56,903

68,573

51,916

74,031

63,724

12,728

20,497

2,927

-16,368

10,201

6,025

-35,091

-23,811

-79,401

-45,614

-23,562

-31,100

964

-138,479

-167,747

0

0

0

Net change in securities sold under repurchase agreements

8,875

2,061

4,537

128

-4,628

11,091

11,857

12,054

6,635

4,203

-19,753

-6,777

879

-8,355

19,532

10,723

7,339

13,034

-2,364

-5,718

3,301

-1,524

8,719

7,623

2,410

4,685

18,981

16,708

18,998

16,974

-893

12,471

-74

-1,117

0

0

0

Net change in other short-term borrowings

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in other short-term borrowings

-

-

-

-

29,125

-

-

-

-40,000

-

125,000

25,000

65,000

55,000

-35,000

30,000

-10,000

-30,000

-5,000

20,000

10,000

40,000

-15,000

0

20,000

-95,000

0

0

0

-

-

-

10,421

-4,141

0

0

0

Payment of senior note issuance costs

-

-

-

-

-

-

-

-

-

42

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47,331

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of junior subordinated debentures

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of term note

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in notes payable and other borrowings

-6,675

-8,798

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

32

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid on preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,417

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid common stock

1,198

1,195

1,193

1,192

1,190

1,189

1,188

1,186

1,184

1,184

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury stock

2,876

666

470

430

417

505

505

505

617

236

0

0

0

-

-

-

-

117

117

117

117

46

46

139

139

278

278

185

185

63

63

63

63

49

0

0

0

Net cash used in financing activities

-20,960

-99,452

-62,027

-87,272

-74,222

-29,664

-54,396

4,258

-10,272

103,881

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

-

-

-

-

-7,536

-

-

-

-12,807

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,291

-

5,364

7,203

44,517

68,977

6,056

47,501

28,296

-125,684

49,892

-62,878

-41,801

93,349

-36,371

9,239

-128,195

-173,054

0

0

0

Net change in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-37,513

-

9,715

-54,542

19,135

-3,463

-36,015

25,200

-26,090

-80,847

7,831

-62,171

4,500

77,558

-36,430

24,245

-97,832

-47,809

0

0

0

Supplemental cash flow information
Income taxes paid

-

-

-

-

-

-

-

-

-

-

-

-

-

211

28

88

118

118

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid for deposits

-

-

-

-

-

-

-

-

-

-

-

-

4,503

4,275

4,136

4,018

3,945

3,958

4,085

4,499

4,981

5,533

6,136

6,730

7,328

7,868

8,292

8,728

9,322

10,592

11,927

13,603

15,252

16,751

0

0

0

Interest paid for borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

864

884

895

912

930

917

894

874

838

0

0

0

Interest paid for borrowings

-

-

-

-

-

-

-

-

-

-

-

-

5,161

5,330

5,315

5,243

5,186

5,142

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash transfer of loans to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

4,257

1,223

2,360

2,483

2,804

8,530

9,851

11,590

15,338

13,918

16,458

17,356

16,897

19,194

19,013

23,592

22,828

31,761

0

0

0

-

-

-

-

Change in dividends accrued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-544

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncash transfer of loans to securities available-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Non-cash transfer of loans to other real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Accretion on preferred stock discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58

333

604

870

1,073

1,056

1,038

1,022

1,006

989

973

957

942

0

0

0

Fair value difference on recapture of restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43

0

0

0

-

-

-

-

-

-

-

-