Premier financial bancorp inc (PFBI)
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 income

5,368

5,894

6,267

5,859

6,176

5,639

5,021

4,375

5,133

3,769

3,467

3,919

3,664

3,407

3,164

2,624

2,979

2,852

3,325

3,127

3,142

3,229

3,151

3,100

3,670

3,690

3,926

3,109

2,504

2,990

2,411

2,092

2,830

2,655

1,813

1,029

1,671

Adjustments to reconcile net income to net cash from operating activities
Depreciation

460

-

-

-

467

-

-

-

433

417

424

434

445

473

485

504

472

405

416

454

420

424

416

414

321

345

320

340

337

355

359

369

362

355

365

372

376

Provision for loan losses

1,000

-65

425

330

560

425

275

500

1,115

466

891

776

366

312

312

812

312

94

309

-146

69

387

536

-79

-310

-925

50

-70

570

1,300

1,260

750

950

480

810

1,820

520

The aggregate net amount of amortization and accretion recognized during an accounting period. As a noncash item, the net amount is added back to net income when calculating cash provided by or used in operations using the indirect method.

94

-82

9

127

-47

311

316

282

386

420

550

228

388

614

821

612

577

308

-153

249

58

74

143

406

78

145

-739

-228

359

247

-224

544

-1,665

-288

-178

-551

-334

Writedowns (gains on the sale) of other real estate owned, net

-14

-802

-76

-115

15

-459

-11

-160

1,080

-440

-85

-330

-19

-181

-523

4

11

-438

-371

-77

-177

35

-121

746

54

-777

-13

10

64

-1,082

87

-16

54

686

-260

-48

16

Stock compensation expense

40

45

47

170

39

35

36

154

27

23

25

149

20

18

18

22

120

16

25

24

139

40

38

128

42

41

41

41

46

47

49

57

28

29

30

30

17

Loans originated for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,679

1,512

1,975

1,561

1,631

1,134

3,216

1,712

4,991

4,315

3,073

3,757

3,327

3,164

4,208

4,012

4,375

Secondary market loans sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

633

1,308

1,738

2,140

2,045

806

1,793

2,842

2,002

4,795

4,224

3,368

4,586

2,475

3,659

5,226

2,971

5,635

Secondary market mortgage income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

38

57

73

50

19

45

70

47

94

109

74

103

25

66

108

52

88

Gain on disposition of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

-

-

-

0

-

-

-

-

1,193

72

0

148

272

273

0

0

-

-

-

-

Changes in:
Interest receivable

493

-61

-260

37

343

-366

345

63

-342

-17

423

-201

-24

-157

209

95

-45

-245

136

166

-114

-123

-44

-196

-221

137

-112

-51

-245

-52

8

-6

-44

0

73

-215

-103

Other assets

-434

-1,445

1,003

-73

228

-402

9

126

-1,137

1,023

318

555

-849

-73

298

701

-859

269

-55

378

-544

1,664

-114

-556

-510

638

-1,082

1,039

-1,244

-102

459

-1,917

-1,879

3,115

-1,637

805

-329

Interest payable

-47

-60

-38

25

127

53

35

55

14

35

6

0

-12

32

-19

-20

-37

-18

-48

1

-48

-9

-18

-7

-49

-29

-18

-16

-43

-61

-46

-61

-55

-70

-66

-27

-24

Other liabilities

455

-1,153

1,192

-1,511

1,131

-43

275

201

-495

123

-454

-595

4

1,133

727

-1,231

-1,567

-442

564

-750

523

-1,147

807

-1,512

1,686

-122

420

-68

216

-194

364

292

-66

253

-253

63

134

Net cash from operating activities

7,325

7,821

7,709

5,834

7,867

8,128

6,058

5,936

7,012

5,484

4,253

4,887

5,767

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,353

4,976

-

3,567

6,708

3,376

4,312

5,084

1,083

3,948

Cash flows from investing activities
Net cash from operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,745

-

4,728

3,125

4,729

4,946

5,416

2,890

5,271

-

-

-

-

-

-

-

-

-

-

-

-

Net change on time deposits with other banks

-

-

-

-

-

-

-

-

0

0

0

0

-250

2,141

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of securities available for sale

47,360

26,723

18,941

7,166

13,854

18,225

35,114

42,003

15,527

8,013

6,020

12,103

31,087

22,323

10,502

12,010

0

43,996

20,905

21,948

8,757

0

1,982

22,185

12,268

0

0

8,160

19,070

0

16,086

25,386

32,299

12,283

21,018

52,614

36,815

Proceeds from maturities and calls of securities available for sale

40,458

27,811

32,096

19,238

15,869

16,826

15,781

18,857

13,717

15,007

17,496

17,718

15,573

20,321

24,395

19,227

18,389

14,531

18,839

18,207

15,350

15,389

12,356

15,480

8,818

11,268

15,633

20,260

26,640

16,117

21,476

21,481

10,255

14,872

42,927

38,158

13,208

Purchase of FHLB stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-200

2

0

0

0

-

-

-

-

1,931

-297

-1,202

-59

Redemption of FHLB stock

136

173

0

40

60

780

0

12

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of FRB stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

143

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of subsidiary, net of cash acquired (paid)

-

-

-

-

-

-

-

-

-

-

-

-

-

4,473

0

0

-16,385

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of subsidiaries, net of cash received

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in loans

-8,960

12,635

-7,121

-7,828

7,555

-2,275

9,443

-761

-19,838

5,927

17,788

-1,859

14,936

-7,549

6,116

41,169

4,132

-5,222

-23,745

11,002

-6,587

25,296

21,854

-168

-1,437

9,216

17,221

13,178

-3,777

12,469

22,034

-2,314

-16,086

4,773

-9,949

-7,962

-12,928

Purchases of premises and equipment, net

181

378

335

515

361

817

333

1,964

346

728

349

229

76

65

229

130

54

288

247

197

180

666

435

274

16

2,297

546

154

191

312

197

156

377

462

110

370

144

Improvements to OREO property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30

0

0

29

0

5

-53

0

242

1,326

542

810

219

-

-

-

-

-

-

-

-

Proceeds from sales of other real estate acquired through foreclosure

380

1,094

621

219

414

216

296

121

7,145

2,750

365

918

544

766

317

482

71

248

1,775

997

1,652

531

567

1,437

1,366

1,125

926

449

1,346

3,015

1,308

1,055

727

3,228

140

1,408

359

Net cash from (used in) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,772

-

23,207

-14,048

14,652

-671

-6,453

35,807

-705

-

-

-

-

-

-

-

-

-

-

-

-

Net cash from (used in) investing activities

2,393

-15,521

21,058

19,634

-5,427

4,638

-28,317

-24,216

24,827

3,089

-6,296

8,178

-30,232

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,593

12,283

-

-15,312

119

-5,608

-1,113

32,185

-2,237

-10,405

Cash flows from financing activities
Net change in deposits

-33,390

-17,089

-225

-26,441

23,637

-21,650

25,461

-9,045

30,514

3,285

-7,830

-21,107

18,917

5,802

6,470

-17,047

18,823

-18,511

8,266

-19,221

14,603

-1,668

-12,470

-34,733

15,830

-277

-8,633

-3,465

5,851

-15,768

-3,485

1,684

23,173

-12,409

-2,520

-56,098

11,244

Net change in agreements to repurchase securities

-734

-1,293

887

-1,191

-37

-3,027

2,863

1,072

-2,517

-1,806

4,638

-2,386

-956

-3,324

-4,793

7,404

671

1,162

5,225

-2,792

2,519

2,425

2,152

513

-829

-3,252

6,056

-2,024

-15,563

1,772

4,623

-1,927

-1,571

-3,940

1,087

3,583

-7,162

Advances from FHLB

5,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of other borrowed funds

0

0

0

1,450

1,050

850

450

450

750

1,000

1,000

1,251

608

609

607

609

608

707

12,454

2,608

607

608

607

607

600

600

600

522

527

524

521

519

517

516

512

510

510

Repayment of FHLB advances

3,400

0

0

1,000

1,500

19,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of other FHLB advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

707

53

0

0

0

0

-

-

-

-

-

-

-

-

-

-

18

10,018

2,433

48

42

41

Net change in short-term Federal Home Loan Bank advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-2,400

Proceeds from stock option exercises

31

70

36

89

51

25

67

88

13

69

110

37

101

106

125

439

81

4

17

190

11

164

118

386

63

127

72

372

0

-

-

-

-

-

-

-

-

Preferred stock dividends paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

63

190

150

150

150

150

150

150

150

278

278

278

278

278

834

0

Common stock dividends paid

2,200

2,198

2,198

2,195

2,195

2,194

1,992

2,018

1,601

1,602

1,599

1,600

1,597

1,595

1,451

1,448

1,439

1,227

1,226

1,062

1,058

1,058

974

972

1,850

884

884

880

876

875

874

0

0

-

-

-

-

Net cash from financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,475

-

11,774

-27,168

15,468

-10,808

-13,971

-35,563

12,464

-

-

-

-

-

-

-

-

-

-

-

-

Net cash from financing activities

-34,693

-20,510

-1,500

-32,188

18,906

-47,196

25,936

-10,353

25,659

-1,054

-5,681

-26,307

15,857

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,669

-11,265

-

-9,743

-1,058

10,789

-17,321

-3,570

-52,457

1,131

Net change in cash and cash equivalents

-24,975

-28,210

27,267

-6,720

21,346

-34,430

3,677

-28,633

57,498

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-7,724

-13,242

-8,608

10,030

8,121

-37,964

51,992

-39,312

39,709

-38,091

34,849

-6,533

-15,008

3,134

17,030

261

6,170

-5,909

5,994

-5,481

-21,488

5,769

8,557

-14,122

33,699

-53,611

-5,326

Supplemental disclosures of cash flow information:
Cash Paid During Year For [Abstract]
Cash paid during period for interest

2,349

2,527

2,568

2,426

2,102

2,025

1,457

1,279

1,150

1,140

1,097

1,111

1,125

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid during period for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,196

-

1,047

1,031

1,097

1,094

1,118

1,119

1,088

1,140

1,182

1,242

1,317

1,488

1,609

1,709

1,853

1,979

2,106

2,163

2,266

Income taxes paid, net

-

-

-

-

-

-

-

-

-

-

-

-

-

2,001

1,735

3,182

205

1,260

1,820

2,866

0

123

1,880

2,039

260

1,074

960

2,873

503

1,135

2,037

-623

0

-

-

-

-

Non-cash transactions
Loans transferred to real estate acquired through foreclosure

891

179

373

204

753

320

492

290

284

11,698

383

247

353

1,319

107

108

416

52

4,471

115

1,140

125

473

275

804

361

580

90

792

2,632

317

255

2,582

-

-

-

-

Represents future cash outflow for securities purchased and owned by the Company, but not yet settled through a cash transaction.

-

-

-

-

-

-

-

-

5,059

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating right-of-use asset resulting from lease liability

171

-260

-146

105

7,453

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans transferred to real estate acquired through foreclosure

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,477

1,979

145