Pacwest bancorp (PACW)
CashFlow / Quarterly
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 earnings (loss)

-1,433,111

117,881

110,026

128,125

112,604

115,041

116,287

115,735

118,276

84,037

101,466

93,647

78,668

85,647

93,895

82,168

90,456

71,841

69,616

85,083

73,079

70,999

62,271

10,555

25,080

3,109

24,163

4,349

13,494

19,892

16,088

15,557

5,264

13,883

13,304

12,841

10,676

Adjustments to reconcile net earnings to net cash provided by operating activities:
Goodwill, Impairment Loss

1,470,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

10,914

10,849

9,659

9,320

9,287

9,380

8,276

8,761

8,751

8,231

7,818

7,484

8,496

8,123

8,239

8,303

8,219

-8,354

11,152

11,439

10,648

-8,014

10,411

11,370

6,653

7,741

8,589

7,887

7,292

7,443

7,619

6,869

3,861

6,363

4,989

4,250

4,482

Amortization of net premiums on securities available-for-sale

-2,643

-2,884

-3,145

-3,791

-4,142

-4,449

-5,325

-5,732

-8,432

-11,212

-10,011

-9,626

-10,601

-11,785

-9,838

-8,651

-9,523

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangible assets

3,948

4,153

4,833

4,870

4,870

4,986

5,587

5,587

6,346

5,062

3,049

3,065

3,064

3,176

4,224

4,371

4,746

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of operating lease ROU assets

7,196

7,365

7,305

7,115

7,608

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for credit losses

112,000

24

54

-4,000

4,000

9

0

0

65

0

2,124

14

0

-

-

-

-

65

4,757

282

124

2,242

4,697

274

94

421

617

292

1,185

767

7,780

2,805

2,981

32,005

-10,277

-3,462

-1,272

Provision for credit losses

-

-

-

-

-

12,000

11,500

17,500

4,000

6,406

15,119

11,499

24,728

23,215

8,471

13,903

20,140

13,772

8,746

6,529

16,434

2,063

5,050

5,030

-644

-1,338

-4,167

-1,842

3,137

-4,333

-2,141

-271

-6,074

4,122

348

11,390

10,710

Gain on sale of foreclosed assets

52

3,283

86

129

191

644

0

-35

0

-

-

-

-

0

303

30

504

3,009

84

-20

-106

667

47

376

2,323

1,195

1,404

692

1,910

1,244

2,063

1,045

1,434

806

3,947

443

3,944

Provision for losses on foreclosed assets

105

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of loans and leases

87

23

765

326

0

0

0

106

4,569

1,988

2,848

649

712

119

157

388

245

183

27

163

0

7

973

-485

106

683

604

279

225

1,242

132

403

990

-

-

-

-

Loss on sale of premises and equipment

-77

-633

-3

40

-3

7

5

15

-7

-2

-177

5

560

-101

0

17

6

-26

43

8

3

-3

-48

0

1,571

-

-

-

-

3

2

-163

3

0

5

1

17

Gain on sale of securities

182

184

908

22,192

2,161

786

826

253

6,311

-3,329

1,236

1,651

-99

515

382

478

8,110

0

655

-186

3,275

0

0

89

4,752

-272

5,222

0

409

-

-

-

-

-

-

-

-

Gain (Loss) on Sale of Insurance Block

-

-

-

-

-

-

-

-

-

0

0

579

471

0

1

-4

542

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss on derivatives and foreign currencies, net

-264

212

-24

56

-16

401

-56

-625

605

-20

196

455

-202

-172

-195

319

250

-749

-317

-1,489

2,715

1,094

2,407

-14

0

-

-

-

-

-

-

-

-

-

-

-

-

Earned stock compensation

6,494

6,981

7,305

6,721

5,808

6,886

8,137

7,546

7,199

5,370

6,479

7,249

6,470

6,044

5,675

6,554

5,046

3,794

3,762

4,962

3,112

2,833

2,945

29,085

1,611

14,701

2,400

2,381

1,764

1,368

1,375

1,623

1,633

-

-

-

-

Gain (Loss) on Sale of Capital Leases, Net

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-720

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in deferred income taxes, net

0

0

0

14,714

0

8,654

-7,150

-8,793

7,153

66,696

2,341

6,732

1,091

-21,390

6,480

43,740

24,726

41,111

36,384

33,447

38,722

44,319

22,797

5,462

19,679

-2,069

8,127

-12,471

8,611

-10,160

-841

4,415

2,849

21,383

1,739

-13,169

7,741

Restricted stock amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,392

2,000

Tax effect included in stockholders' equity of restricted stock vesting

-

-

-

-

-

-

-

-

-

-

-

-

-

180

543

-112

3,795

245

195

401

0

223

108

3,184

1,110

1,148

207

118

660

59

68

64

92

-440

-314

5

-188

Decrease (increase) in other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,600

7,828

1,635

15,165

3,761

3,169

15,617

-5,990

13,709

13,175

271

Decrease in other assets

-4,206

20,084

-5,996

22,513

-52,148

27,158

1,259

-15,326

-38,208

85,712

-18,208

51,634

-661

-5,217

-4,255

8,787

-5,756

-32,386

10,657

-7,087

-19,356

-35,157

18,244

-27,845

-4,740

-13,535

1,326

-8,066

486

-15,492

7,238

-4,863

-5,637

-2,064

-13,491

-2,615

117

Decrease in accrued interest payable and other liabilities

-68,841

5,081

14,020

-9,309

-46,241

12,699

11,393

3,273

-50,969

23,720

10,457

-42,047

10,852

27,302

17,083

-16,961

-23,722

9,563

1,205

2,561

-29,102

18,503

7,659

-67,196

-20,107

-30,453

-16,143

792

-7,601

3,403

-1,224

660

-18,592

1,745

3,277

1,300

-6,983

Net cash provided by operating activities

115,574

135,065

167,611

128,091

151,893

144,207

157,271

170,566

135,983

125,796

172,969

42,014

143,189

151,154

156,969

140,826

132,158

190,601

124,278

152,513

126,486

184,847

94,099

25,920

27,244

-16,176

24,419

16,182

25,827

45,250

22,617

39,456

10,657

46,575

59,612

37,807

26,279

Cash flows from investing activities:
Cash acquired in acquisitions, net of cash consideration paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-167

-44,625

-14,398

-27,908

-

-

-

26

Net increase in loans and leases

923,353

110,854

289,396

213,607

391,621

763,106

351,574

477,896

-382,590

736,461

178,672

231,375

157,244

743,510

133,935

209,824

170,465

493,917

442,937

-234,367

403,438

348,899

414,536

168,429

-149,440

-53,961

-21,756

-86,924

-113,099

-32,469

4,288

-107,700

-96,668

-125,669

-49,230

-164,194

-111,399

Proceeds from sales of loans and leases

87

66

22,067

63,503

16,937

0

3,326

27,885

615,376

1,028,648

210,010

46,625

37,173

14,944

27,221

51,985

26,903

21,436

6,773

3,784

0

30,900

12,985

21,583

1,128

15,012

9,357

6,401

3,054

16,563

19,435

5,401

17,292

0

0

1,327

1,168

Proceeds from maturities and paydowns of securities available-for-sale

80,521

87,376

87,721

83,441

67,325

58,703

73,668

82,681

75,125

106,049

112,477

124,787

92,612

65,526

66,960

56,058

61,626

51,458

29,648

36,194

27,547

28,910

33,125

28,054

33,860

41,882

71,093

92,581

100,980

105,581

140,643

83,947

85,683

94,276

49,887

29,563

58,172

Proceeds from sales of securities available-for-sale

14,948

30,055

144,295

1,002,584

407,926

71,699

131,326

62,522

306,253

573,767

99,515

43,022

42,996

668

39,467

10,343

343,031

823,757

52,621

14,603

144,945

0

-926

324,493

142,041

9,605

0

0

12,810

-

-

-

-

-

-

-

-

Purchases of securities available-for-sale

41,405

124,701

212,506

830,184

402,030

270,247

202,131

221,062

487,105

493,395

271,861

284,662

248,187

71,519

126,098

125,408

52,236

434,911

182,613

178,588

196,568

49,770

23,548

23,373

140,048

875,590

-3,358

-454,467

132,446

164,924

134,549

50,341

136,046

162,969

233,168

191,113

71,060

Net (purchases) redemptions of Federal Home Loan Bank stock

13,320

14,059

-16,281

13,716

-2,673

1,026

4,806

9,021

-3,540

-8,362

-4,809

4,158

-3,969

2,484

-4,828

6,964

-2,460

-327

0

-11,655

-11,704

-4,993

-4,381

-21,077

-2,939

-

-

-

-3,726

-3,797

-2,225

-2,166

-2,204

-2,236

-2,249

-2,266

-2,183

Proceeds from sales of foreclosed assets

462

4,268

138

1,948

2,236

13,422

0

29

28

10,890

174

1,069

212

213

1,371

2,159

4,443

14,040

4,162

6,665

7,945

4,367

8,647

4,241

7,209

-

-

-

8,847

15,733

17,668

12,233

13,980

9,131

15,264

13,896

23,663

Purchases of premises and equipment, net

4,304

4,114

2,369

2,996

5,625

3,135

1,918

3,335

3,997

2,027

1,855

2,093

1,944

1,998

2,234

1,055

2,896

3,057

2,465

1,917

1,490

386

316

852

1,115

16,153

-5,034

-8,257

742

2,706

381

872

955

1,539

999

2,311

1,087

Proceeds from sales of premises and equipment

2

-

-

-

-

-

-

-

-

3

0

16

10,290

0

0

18

6

38

45

34

29

0

6

0

3,753

-

-

-

-

4

9

654

37

0

6

1

20

Proceeds from Sale and Collection of Lease Receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

146

138,809

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from BOLI death benefit

380

0

0

555

0

-

-

-

-

0

0

1,286

1,192

0

204

1,181

1,853

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease (increase) in equipment leased to others under operating leases

-10,905

35,015

995

12,277

6,709

22,610

13,746

-8,987

1,241

55,640

35,218

-17,148

-114

35,755

-258

3,760

12,300

39,135

26,174

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) investing activities

-875,077

-166,965

-234,758

79,305

-308,888

-914,647

-364,250

-528,865

890,569

600,514

-60,621

-288,335

-218,817

-952,707

-121,958

-225,121

341,234

200,972

-560,940

126,797

-409,326

-329,894

-378,782

1,066,027

199,207

415,185

-945

-110,629

109,328

51,456

-77,980

146,490

50,955

66,679

-109,895

17,797

124,484

Cash flows from financing activities:
Net increase (decrease) in noninterest-bearing deposits

266,932

-197,130

142,017

-411,911

-176,506

55,753

-291,580

-103,857

-275,579

87,789

210,878

-86,174

131,170

138,213

299,397

84,697

-31,310

112,641

111,994

363,883

97,224

86,055

134,108

213,207

73,163

-10,242

37,442

-11,154

2,022

-67,784

153,058

86,781

99,879

57,546

28,843

-6,772

140,620

Net increase in interest-bearing deposits

75,881

-302,280

785,475

-66,975

591,932

936,523

242,024

-43,609

-510,844

-713,476

-312,567

632,738

329,605

266,984

198,409

-376,099

-193,315

-352,989

-578,047

280,416

80,914

142,827

-285,414

-247,856

15,258

-141,915

-127,298

-119,955

-157,913

-10,443

-51,381

-52,122

-120,662

-34,489

39,058

-91,472

-205,579

Net increase in borrowings

535,992

505,977

-660,028

431,972

109,973

-142,052

325,940

611,942

107,942

194,064

32,945

-243,155

-445,203

364,801

-377,197

366,807

-68,483

69,417

549,746

-615,405

234,754

1,011,850

359,088

-993,244

-107,953

105,508

-1,425

-1,471

-1,362

-5,371

2,484

-177,523

-47,697

-

-

-

-

Net decrease in subordinated debentures

-

-

-

-

-

0

0

0

12,372

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock repurchased and restricted stock surrendered

73,460

-

102

37,717

124,109

1,746

64,789

126,356

122,651

101,360

235

5,277

2,281

28,633

195

4,275

141

9

55

8,336

0

0

0

24,365

-2,058

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of subordinated debentures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-37,116

0

0

18,558

-

-

-

-

Payments for Repurchase of Common Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

148

85

2,182

-

50

73

1,301

1,038

125

54

248

Repayment of acquired debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,315

46,804

128,677

-

-

-

-

Tax effect of restricted stock vesting included in stockholders' equity

-

-

-

-

-

-

-

-

-

-

-

-

-

180

543

-112

3,795

245

195

401

0

223

108

3,184

1,110

1,148

207

118

660

59

68

64

92

-440

-314

5

-188

Cash dividends paid

71,206

-

71,952

71,909

73,180

74,057

74,395

76,052

63,689

64,908

60,831

60,831

60,833

60,687

60,956

60,888

60,906

60,686

51,508

51,492

51,424

51,435

25,710

25,711

11,306

11,358

11,363

9,179

9,106

9,118

6,564

6,561

6,544

6,537

363

365

361

Net cash provided by financing activities

734,139

-66,477

195,410

-156,540

328,110

774,421

137,200

262,068

-877,193

-597,891

-129,810

237,301

-47,542

680,858

60,001

10,130

-350,360

-231,381

32,325

-30,533

361,468

197,411

182,180

-1,070,669

-31,786

-67,981

-102,585

-141,726

-167,881

-92,708

92,300

-196,238

-223,468

15,042

67,099

-98,658

-65,756

Net (decrease) increase in cash, cash equivalents, and restricted cash

-25,364

-98,377

128,263

50,856

171,115

3,981

-69,779

-96,231

149,359

128,419

-17,462

-9,020

-123,170

-120,695

95,012

-74,165

123,032

160,192

-404,337

248,777

78,628

52,364

-102,503

21,278

194,665

-37,367

74,808

-21,697

-32,726

3,998

36,937

-10,292

-161,856

128,296

16,816

-43,054

85,007

Supplemental disclosures of cash flow information:
Cash paid for interest

43,820

46,251

56,974

51,041

46,197

40,158

31,315

30,054

17,515

-

-

-

14,352

12,997

12,834

13,478

15,080

14,650

22,212

16,672

12,334

10,829

11,522

9,954

2,483

23,879

-3,035

-11,632

4,063

4,157

4,679

4,726

8,052

6,727

8,650

8,301

9,322

Cash paid for income taxes

2,019

34,028

21,200

65,527

2,778

36,050

39,252

19,483

3,790

-

-

-

2,834

51,176

37,813

29,135

15,773

2,842

7,684

13,771

-7,695

2,631

-16,442

6,920

5,693

10,962

3,130

14,333

-760

-

-

-

-

-10,886

7,654

22,324

-9

Loans transferred to foreclosed assets

1,776

-

0

0

37

13,679

2,176

1,059

0

-

-

-

78

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosure of noncash investing and financing activities:
Loans transferred to foreclosed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

129

0

10,383

2,695

394

9,139

0

654

13

2,662

3,664

4,110

4,980

7,963

12,523

10,640

9,081

11,417

8,753

19,401

29,112

Transfers from loans held for investment to loans held for sale

0

0

0

0

25,124

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-