PEOPLES BANCORP INC. PEBO Cash Flow

Peoples bancorp inc. (PEBO)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Operating activities:
Net income
53,695	46,255	38,471	31,157	10,941	16,684	17,574	20,385	12,555	5,581	4,190
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and accretion, net
17,861	18,204	18,142	19,169	18,503	13,174	16,110	18,765	17,194	15,797	4,088
Provision for loan losses
2,504	5,448	3,772	3,539	14,097	339	-4,410	-4,716	7,998	26,916	25,721
Bank owned life insurance income
2,430	1,955	1,950	1,414	598	106	56	40	351	608	1,051
Net (gain) loss on investment securities
164	-146	2,983	930	729	398	489	3,548	473	5,066	-6,261
Loss on debt extinguishment
0	-13	0	-707	-520	67	0	-4,144	0	0	-
Loans originated for sale
156,058	123,134	63,730	69,123	53,570	51,458	68,323	132,714	72,132	66,408	96,731
Proceeds from sales of loans
157,752	124,796	66,025	67,421	56,532	49,218	74,049	131,040	73,507	65,212	96,399
Net gains on sales of loans
3,667	2,846	1,445	1,047	1,005	943	1,544	2,746	1,432	1,357	1,602
Deferred income tax expense (benefit)
109	-309	-2,779	-2,462	-1,582	3,835	4,627	4,521	462	-1,814	-5,212
Increase in accrued expenses
366	147	950	3,972	-4,412	-631	-13	2,345	1,472	-155	155
Decrease (increase) in interest receivable
-613	854	807	1,278	-704	-139	-313	-462	-290	-1,193	41
Excess tax benefit from share-based payments
-	-	-	26	51	85	79	-16	-	-	-
(Increase) decrease in other assets
1,227	533	-6,050	-6,974	-4,623	1,505	-8,058	-	-	-	-
Non cash lease expense
55	-	-	-	-	-	-	-	-	-	-
Other, net
1,421	-10,072	-1,311	-3,999	-3,909	-3,299	5,353	-3,340	-4,294	-5,826	8,921
Net cash provided by operating activities
67,157	75,243	61,027	60,658	47,882	31,495	40,464	41,254	43,384	45,117	23,256
Investing activities:
Available-for-sale investment securities:
Purchases
271,924	137,818	180,109	166,241	196,599	143,184	223,979	271,520	198,556	269,396	279,018
Proceeds from sales
72,706	14,489	8,355	30,734	57,415	108,092	125,658	113,756	59,868	150,844	90,239
Proceeds from principal payments, calls and prepayments
199,870	122,986	143,000	127,824	126,401	79,830	99,372	140,470	126,587	202,671	174,808
Held-to-maturity investment securities:
Payments to Acquire Held-to-maturity Securities
0	0	1,310	0	0	1,017	5,216	40,352	13,341	2,000	963
Proceeds from principal payments
4,945	4,281	3,142	2,167	2,261	1,325	885	11,188	0	0	-
Other investment securities:
Other investment securities:
Purchases
3,114	2,689	-	-	-	-	-	-	-	-	-
Proceeds from sales
7,340	7,622	-	-	-	-	-	-	-	-	-
Proceeds from insurance claim
26	-	-	-	-	-	-	-	-	-	-
Payments for (Proceeds from) Loans and Leases
10,661	134,071	130,397	148,951	77,893	76,100	109,609	16,884	-11,430	-61,069	-24,670
Net expenditures for premises and equipment
2,809	4,531	4,865	5,436	9,429	7,105	6,604	4,530	1,290	1,979	2,154
Proceeds from sales of other real estate owned
239	278	556	240	971	219	1,036	1,813	2,158	499	512
Purchase of bank owned life insurance
-	-	-	35,000	0	0	-	-	-	-	-
Proceeds from bank owned life insurance
1,642	-	-	-	-	-6,322	-43,100	0	-4,499	0	0
Business acquisitions, net of cash received
-7,814	-4,695	1,069	244	-97,277	-17,081	4,536	3,321	0	0	-
(Investment in) return of limited partnership and tax credit funds
5,021	5,398	-9	3,451	1,514	-374	120	187	234	249	248
Net cash used in investing activities
1,053	-130,156	-162,688	-198,358	-1,110	-14,163	-80,013	-69,567	-8,879	141,459	7,846
Financing activities:
Net Change Noninterest-bearing Deposits, Domestic
4,832	22,380	-178,411	16,482	99,341	18,367	61,935	63,437	24,768	17,069	17,960
Net Change Interest-bearing Deposits, Domestic
72,841	3,449	398,991	-42,655	-125,360	-26,713	-84,344	38,319	-35,379	-51,450	11,455
Net decrease in short-term borrowings
-76,809	61,883	-146,721	145,221	72,109	-29,373	65,821	-3,874	134	-25,412	-21,931
Proceeds from long-term borrowings
0	0	55,000	55,000	0	5,269	0	24,000	0	5,000	5,000
Payments on long-term borrowings
3,501	4,591	5,738	24,361	72,446	10,288	7,025	40,517	15,391	93,410	67,184
Redemption of junior subordinated debentures
-	-	-	-	-	-	-	23,668	0	0	-
Repurchase of common stock warrant
-	-	-	-	-	-	-	1,201	39,000	0	39,000
Repurchase of preferred shares
-	-	-	-	-	-	-	-	-	-	0
Cash dividends paid on preferred shares
-	-	-	-	-	-	-	-	1,232	1,950	1,543
Cash dividends paid
25,942	20,915	14,706	11,173	10,065	6,767	5,419	4,457	3,922	3,822	7,426
Purchase of treasury stock under share repurchase program
805	0	0	4,965	0	0	228	156	187	181	-
Purchase of treasury stock in connection with employee incentive program and compensation plan for Boards of Directors to be held as treasury stock
845	1,380	508	515	741	520	-	-	-	-	-
Purchase of treasury stock
-	-	-	-	-	-	-	-	-	-	-249
Proceeds from issuance of common shares
6	25	9	18	0	40,242	8	6	10	447	5
Contingent consideration payments made after a business acquisition
406	520	207	347	-	-	-	-	-	-	-
Excess tax benefit from share-based payments
-	-	-	26	51	85	79	16	0	4	-14
Net cash provided by financing activities
-30,629	60,331	107,709	132,731	-37,111	-9,698	30,827	51,905	-70,199	-153,705	-24,927
Net increase in cash and cash equivalents
37,581	5,418	6,048	-4,969	9,661	7,634	-8,722	23,592	-35,694	32,871	6,175
Supplemental cash flow information:
Interest paid
28,887	19,920	13,001	10,756	11,541	10,766	11,839	15,570	21,386	30,109	41,015
Income taxes paid
11,450	6,135	14,036	11,890	672	6,726	7,473	5,563	1,574	385	1,262
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Transfers from loans to other real estate owned
153	90	219	202	-	-	-	-	-	-	-
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability
3,701	-	-	-	-	-	-	-	-	-	-
Adjustments for New Accounting Pronouncement [Member]
Fair value adjustment on equity investment securities
-831	-207	-	-	-	-	-	-	-	-	-
Subsequent receipt of proceeds [Member]
Available-for-sale investment security sales settled in a subsequent period
-	-	229	-	-	-	-	-	-	-	-