Prudential bancorp, inc. (PBIP)
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'12
OPERATING ACTIVITIES:
Net income

10,603

10,019

9,530

9,381

9,187

9,004

7,064

6,698

6,378

2,081

2,778

1,689

350

3,038

2,720

1,751

1,021

2,174

2,232

2,605

3,079

1,913

1,780

2,178

2,342

1,821

1,755

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation

577

619

619

625

623

624

625

623

624

627

553

482

408

330

325

307

307

305

304

315

312

314

320

324

328

333

337

0

0

0

Net accretion of premiums/discounts

2,518

2,693

2,407

2,399

1,495

983

495

-403

-185

-523

-461

-413

-293

182

151

41

49

172

244

210

267

286

282

296

617

538

540

0

0

0

Provision for loan losses

0

0

-

-

450

600

810

1,095

800

3,015

2,990

0

0

0

-

-

-

-

735

0

0

0

-

-

-

-

-

-

-

-

Gain on sale of investment and mortgage-backed securities

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net amortization of deferred loan fees and costs

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

Impairment charge on investment and mortgage-backed securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

21

27

25

32

0

0

0

Share-based compensation expense for stock opt ions and awards

1,135

1,174

1,193

1,195

1,200

1,125

1,105

1,078

1,332

1,133

1,109

999

587

759

700

686

782

741

571

381

239

146

259

324

412

568

578

0

0

0

Income from bank owned life insurance

676

660

645

632

622

629

639

651

720

675

677

588

442

415

333

334

335

339

344

350

341

299

258

0

0

0

-

-

-

-

Loss (gain) on sale of investment and mortgage-backed securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

868

0

0

0

Writedown of real estate owned

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on sale of real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56

0

0

0

-

-

-

-

-

-

-

-

-3

0

0

0

Proceeds from the sale of loans

0

0

-

-

-

-

-

-

-

-

2,686

2,695

2,487

2,638

461

452

452

301

2,538

0

0

0

-

-

-

-

-

-

-

-

Gain on sale of loans

0

0

-

-

-

-

-

-

-

-

52

61

53

54

11

2

2

1

138

0

0

0

-

-

-

-

-

-

-

-

Originations of loans held for sale

0

0

-

-

-

-

-

-

-

-

-

-

-

-

450

450

450

300

2,400

0

0

0

-

-

-

-

-

-

-

-

Loss on equity securities

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Accretion) amortization of deferred loan fees and costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11

0

0

0

Compensation expense of ESOP

-

-

-

-

-

-

-

-

-

-

152

281

682

535

526

368

494

489

467

609

462

439

389

319

270

207

184

0

0

0

Deferred income tax benefit

-

-58

-

-

-

0

-

1,872

2,382

1,856

140

-584

-776

-51

-16

-123

-15

-358

-345

0

0

0

-

1,149

1,963

2,501

2,770

0

0

0

Excess tax benefit related to stock compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Changes in assets and liabilities which used cash:
Accrued interest receivable

98

463

724

223

875

688

1,000

581

813

1,377

897

1,326

852

212

263

47

-5

12

-83

-109

7

13

-43

-44

-61

-60

130

0

0

0

Prepaid escrow for the Polonia Merger

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

597

519

298

-723

-911

-756

-1,090

-5,397

-1,338

1,666

1,642

6,726

1,321

0

0

0

Accrued interest payable

33

481

1,096

1,225

1,486

916

1,299

840

538

464

530

324

247

120

112

76

36

41

-195

-115

-55

-1

-180

-171

-185

-8

-716

0

0

0

Other, net

-48

-215

-543

889

-578

-89

172

2,028

2,655

-601

912

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

20,550

7,384

7,987

8,315

9,931

10,008

10,303

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

INVESTING ACTIVITIES:
Purchase of investment and mortgage-backed securities available for sale

0

0

-

-

0

0

-

-

-

-

-

-

-

-

25,495

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

335

647

32

-2,975

186

102

643

1,934

216

1,679

622

2,139

818

0

0

0

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

5,169

-13,323

3,286

3,086

2,277

-633

2,511

2,817

3,705

9,617

3,676

3,477

2,269

-762

2,519

0

0

0

Purchase of investment and mortgage-backed securities available for sale

-

-

-

-

-

-

-

0

0

0

-

-

-

-

49,639

0

0

0

-

-

-

24,327

22,669

17,452

17,397

13,385

16,955

0

0

0

Purchase of investment and mortgage-backed securities held for maturity

0

0

-

-

-

-

4,480

6,258

6,258

20,044

22,647

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

36,488

0

0

0

Loans originated

109,860

102,480

100,371

109,646

115,199

126,127

123,608

151,564

167,864

219,109

218,611

187,431

162,996

96,027

87,264

67,271

44,194

46,025

60,492

67,595

78,424

72,761

68,634

92,600

95,604

110,577

103,447

0

0

0

Principal collected on loans

104,997

102,437

118,404

125,035

116,886

116,544

90,589

94,023

106,037

149,399

150,561

142,584

119,933

64,819

53,965

40,650

48,373

54,653

67,105

70,741

68,285

61,499

53,554

54,302

55,477

54,049

48,581

0

0

0

Proceeds from sale of investment and mortgage-backed securities

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,158

0

0

0

Principal payments received on investment and mortgage-backed securities:
Held-to-maturity

42,726

1,674

3,002

2,993

3,028

3,139

1,254

1,369

1,358

1,305

1,255

6,887

35,653

46,679

56,988

54,593

29,154

24,466

14,506

17,655

12,735

13,805

13,922

11,236

15,738

11,274

15,892

0

0

0

Available-for-sale

80,071

43,459

24,091

20,359

17,336

15,661

15,015

21,760

14,864

19,953

19,228

8,731

14,306

1,899

4,348

6,345

6,216

10,710

6,865

5,955

4,815

4,689

4,543

4,080

13,955

18,611

22,439

0

0

0

Redemption of FHLB stock

5,045

5,666

5,145

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

852

0

0

0

-

-

-

-

1,058

0

0

0

Purchase of FHLB stock

10,214

13,164

13,966

13,817

12,814

9,193

6,780

0

0

0

-

-

-

1,326

2,094

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

360

0

0

0

-

-

-

-

1,539

0

0

0

Proceeds from the sale of office property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of BOLI

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of equipment

394

484

386

315

306

223

260

293

273

365

308

237

230

44

177

428

591

638

659

433

292

248

126

187

188

181

174

0

0

0

Net cash provided by (used in) investing activities

-17,727

-140,547

-183,284

-145,155

-218,736

-189,654

-170,468

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

FINANCING ACTIVITIES:
Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-48,128

-47,926

-69,236

-32,205

-38,569

-22,439

5,931

-366

-24,783

-29,116

-32,061

-54,022

-19,489

-28,041

-42,157

0

0

0

Net increase in demand deposits, NOW accounts, and savings accounts

46,838

39,312

11,816

9,722

-385

-18,675

-21,241

-27,742

-27,664

-26,195

-21,609

-11,823

-4,769

-6,902

-3,548

-8,026

-9,684

-9,516

-9,353

-7,745

-5,084

1,136

-4,389

-695

1,136

-3,502

4,587

0

0

0

Net (decrease) increase in certificates of deposit

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in FHLB advances - short term

0

0

-

0

0

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from FHLB advances - long term

-

-

175,997

162,615

128,023

90,800

93,300

0

0

0

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Funds (redemption) held in escrow related to second-step offering

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

145,675

0

0

0

-

-

-

-

Repayment of FHLB advances - long term

26,543

23,091

33,575

26,787

34,593

48,420

42,475

28,648

28,774

1,830

3,393

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

143

0

0

0

Net increase (decrease) in certificates of deposit

-

-

-

-

-

-

-

0

0

97,769

-

67,786

43,566

44,511

27,675

18,563

8,279

-11,320

-16,598

6,946

7,089

1,336

-1,659

-25,359

-33,763

-35,304

-33,116

0

0

0

Increase in advances from borrowers for taxes and insurance

407

-101

249

-275

-230

-87

-124

-174

-299

984

459

1,213

1,012

-41

78

-33

152

248

430

433

165

-161

-240

0

0

0

-

-

-

-

Cash dividends paid

9,966

5,959

5,784

8,944

4,947

4,951

6,300

2,966

2,786

2,606

1,035

965

938

889

895

784

2,134

2,192

2,201

0

0

0

-

-

-

-

-

-

-

-

Increase in advances from borrowers for taxes and insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Issuance of common stock from second-step conversion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38,702

0

0

0

-

-

-

-

Treasury stock used for employee benefit plans

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

31,625

0

0

0

-

-

-

-

Purchase of treasury stock

-

-

3,108

2,786

2,992

3,337

2,548

0

0

0

-

-

-

-

7,047

14,302

17,606

13,393

14,691

0

0

0

-

-

-

-

-

-

-

-

Net cash (used in) provided by financing activities

23,272

152,072

175,094

138,862

241,290

172,885

180,433

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefit related to stock compensation plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

217

239

264

250

201

128

68

42

79

118

155

147

139

0

0

0

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

48,687

63,566

67,118

47,386

16,200

-4,374

-42,552

-11,827

-2,852

-3,710

-85,217

41,154

34,960

31,946

117,349

0

0

0

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

0

0

8,591

-

-15,645

5,728

2,317

1,168

18,267

-20,092

-27,446

-34,110

-9,376

-23,930

-23,209

-113,602

-9,391

17,740

3,143

77,711

0

0

0

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest on deposits and advances from Federal Home Loan Bank

21,503

20,644

18,531

16,303

14,184

12,070

9,601

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest on deposits and advances from Federal Home Loan Bank

-

-

-

-

-

-

-

-

-

-

-

-

3,659

1,180

3,214

3,204

3,271

3,288

3,625

3,556

3,471

3,398

3,581

3,702

3,927

4,037

5,060

0

0

0

Home Loan Bank

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes paid

-

-

-

-

-

-

-

-

-

-

1,080

0

0

0

-

-

-

-

475

0

0

0

-

-

-

-

-

0

0

0

SUPPLEMENTAL DISCLOSURES OF NONCASH ITEMS
Loans transferred to other real estate owned

0

0

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease adoption:
Right of use lease asset

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liability

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate acquired in settlement of loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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0

0

0

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-

-

-

Real estate acquired in settlement of loans

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-

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-

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-

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-

0