Parke bancorp, inc. (PKBK)
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

7,368

7,638

7,865

7,609

7,175

6,933

6,218

6,127

5,760

539

4,158

3,683

3,458

3,358

3,876

8,721

2,988

3,494

2,927

2,916

2,606

2,326

4,689

2,834

2,463

2,486

2,215

2,293

2,244

2,270

1,915

1,990

1,894

1,349

1,723

2,313

2,819

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

119

110

119

104

98

98

97

94

91

91

85

75

69

88

27

76

78

12

82

78

79

82

91

89

86

84

84

87

82

91

84

91

92

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

91

Provision for loan losses

1,396

650

900

450

700

600

600

200

400

500

500

1,000

500

700

700

-638

700

0

1,450

750

840

1,000

250

1,000

1,000

500

200

1,000

1,000

1,500

1,500

2,050

2,250

3,600

2,350

2,100

2,400

Increase in value of bank-owned life insurance

146

151

153

150

147

155

155

153

150

163

166

163

160

180

183

182

177

90

91

89

87

90

91

90

88

82

96

93

92

64

47

46

45

46

45

44

44

Supplemental executive retirement plan expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

0

-16

33

33

34

34

34

-

-

-

-

Gain on sale of SBA loans

-

0

76

0

40

151

13

36

178

42

351

84

0

16

0

371

1,432

863

1,527

1,200

557

898

2,810

1,011

321

0

757

969

499

1,525

700

755

602

547

750

898

2,244

SBA loans originated for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

8,300

16,291

10,635

3,018

8,933

13,927

3,347

8,331

8,649

8,991

7,079

4,752

13,520

5,895

6,767

6,017

5,178

7,364

7,649

6,980

SBA loans originated for sale

-

-

-

-

-

1,117

504

527

2,548

618

2,643

1,004

1,542

-

0

2,636

11,405

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of SBA loans originated for sale

0

0

826

0

459

3,066

139

427

2,564

469

3,526

748

0

-15,401

0

4,630

13,409

-34,136

16,856

11,678

5,602

8,613

27,120

9,617

3,364

0

7,026

8,694

4,402

16,385

4,844

7,695

6,671

5,775

8,178

8,510

7,767

Net loss on sale of OREO and valuation adjustments

-

-

-

-

-

-

-

-

-

-70

-957

-389

-6

-70

-718

-75

-967

-723

-173

-954

-169

-423

262

-39

-396

-155

-53

-90

-364

-1,894

270

536

89

32

577

-104

52

Gain on sale of SBA related assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

178

251

0

0

0

-

-

-

-

-

-

-

-

Contribution of OREO property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

44

-22

0

0

0

0

-

-

-

-

-

-

-

-

Net loss on sale of OREO and valuation adjustments

-132

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other than temporary decline in value of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20

Net accretion of purchase premiums and discounts on securities

-7

-13

-10

37

-52

-7

-11

-9

-18

-14

-18

-16

-17

111

-31

-65

29

-16

-20

-21

680

-1

-3

-27

22

165

-9

-9

-12

-13

-1

5

6

9

20

18

21

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4

118

362

0

351

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Stock based compensation

64

41

41

89

5

42

26

28

13

18

18

18

18

18

18

19

11

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

112

Deferred income tax

-

-

-

-

-

-

-

-

-

-3,567

-397

128

-307

17

12

-334

0

120

-163

225

8

-2,364

-7,314

-124

8,013

9

-167

255

29

-

-

-

-

-

-

-

-

Deferred income tax benefit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-602

615

-13

-1,801

0

0

0

Net changes in:
Decrease in accrued interest receivable and other assets

-1,754

-

-

-

-1,153

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in accrued interest receivable and other assets

-

-

-

-

-

-

159

1,939

-1,042

-2,412

-323

3,852

-1,058

1,620

1,304

-3,910

392

-1,577

2,119

-1,677

2,143

-2,481

8,667

3,100

-6,356

339

221

104

-998

-1,299

-1,583

1,558

473

-2,088

238

613

57

Increase (decrease) in accrued interest payable and other accrued liabilities

-1,273

676

-882

253

1,179

940

466

938

-415

669

473

504

-758

876

-1

534

-3,715

3,106

699

-1,139

-980

1,450

-1,459

1,659

-608

1,657

112

398

-1,003

845

-828

987

157

596

9

646

-1,702

Net cash provided by operating activities

9,421

9,203

9,340

5,256

10,634

10,051

6,576

5,677

6,597

7,526

7,295

1,220

2,955

-

3,852

6,907

992

-

-

-

-

-

-

-

-

-

1,001

4,055

2,760

6,227

2,159

4,867

4,031

6,187

4,600

4,628

2,069

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,897

2,342

4,786

1,823

8,819

13,244

8,341

-3,874

-

-

-

-

-

-

-

-

-

-

-

-

Cash Flows from Investing Activities:
Repayments and maturities of investment securities available for sale

1,253

-

-

-

1,173

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of investment securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

500

0

19,976

0

0

0

0

20,004

0

0

2,022

0

0

4,148

0

-

-

-

-

Advances on OREO

-

-

-

-

-

-

-

-

-

-

-

-

103

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemptions of restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

-2

-2

13

-1,351

448

-2

81

-2

Repayments and maturities of investment securities available for sale

-

-

-

-

-

-

1,413

1,450

1,412

7,129

0

0

0

-

-

-

-

-

-

-

-

0

0

0

3,974

508

0

0

1,000

1,000

0

0

0

-

-

-

-

Repayments and maturities of investment securities held to maturity

-

-

-

-

-

-1

0

0

1,205

-4,873

1,695

1,581

1,597

2,014

2,187

1,825

1,380

1,551

1,722

1,827

1,050

1,077

1,186

1,070

978

744

933

1,095

1,406

901

1,850

2,005

1,184

3,215

791

745

1,447

Net increase in loans

47,443

-

-

-

57,550

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in loans

-

-

-

-

-

-

78,561

60,078

30,365

58,327

26,046

43,417

33,800

34,544

34,206

25,667

44,579

10,221

23,456

12,002

9,862

36,684

22,733

10,982

-2,315

-1,531

23,798

12,527

3,014

26,608

2,731

-1,952

-4,009

-11,254

10,442

13,862

-6,877

Purchases of bank premises and equipment

74

292

51

71

180

7

7

50

74

58

244

1,798

48

250

233

266

126

126

34

173

19

-26

32

62

50

3

16

58

36

8

26

9

182

48

67

78

16

Advances on OREO

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

26

-40

-113

50

242

-31

-144

295

66

84

105

63

0

-4

20

139

68

415

657

3,730

0

Donated OREO property

-

-

-

-

-

-

-

-

-

-

-

0

-30

0

31

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of OREO, net

645

1,407

860

577

13

124

1,294

938

700

317

320

615

885

277

1,547

3,322

76

3,640

1,297

1,888

751

145

5,835

5,630

241

651

415

2,340

817

2,202

85

766

480

239

692

-104

2,587

Redemption (purchase) of restricted stock

-

-

-

-

-

-

0

-136

450

-675

196

-1,035

0

-450

0

806

-225

-222

-448

-47

-920

65

295

-99

205

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-45,619

-43,668

-67,177

-8,746

-56,544

-59,480

-75,861

-57,876

-26,672

-56,487

-24,049

-43,951

-31,499

-

-30,590

30,357

-43,500

-

-

-

-

-

-

-

-

-

-23,019

-9,039

-1,847

-27,507

-840

414

6,774

12,260

-9,681

-16,610

10,897

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,338

-21,306

-8,557

-29,218

-35,340

-15,305

-4,738

7,597

-

-

-

-

-

-

-

-

-

-

-

-

Cash Flows from Financing Activities:
Cash dividends

1,735

-

-

-

1,514

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings distribution to non-controlling interest

594

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends

-

-

-

-

-

-

1,499

1,206

1,201

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of Ordinary Dividends, Preferred Stock and Preference Stock

-

-

-

-

-

-

-

-

-

1,207

1,205

986

987

848

847

801

738

734

666

961

300

619

599

300

57

204

203

206

203

205

203

204

203

204

203

204

204

Proceeds from exercise of stock options

0

0

0

0

48

0

2

-6

47

-948

833

76

171

190

0

0

0

765

769

776

387

53

0

0

61

0

0

121

169

0

0

35

0

-

-

-

-

Capital contribution (earnings distributions) from non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

446

375

281

122

751

821

220

150

5

156

164

1,000

-1

141

141

618

-1,727

213

599

0

Net decrease in FHLBNY and short-term borrowings

-

-

-

-

-

-

-11,225

11,225

-10,000

15,000

0

20,000

0

10,000

0

-20,000

5,000

4,936

9,954

-47

20,455

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in FHLBNY and short term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,544

-24,958

-9,957

41

42

40

41

39

30,039

-9,848

0

-11,454

11,454

Payments of Federal Home Loan Bank advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38

38

37

Net increase in noninterest-bearing deposits

92,623

-70,087

-11,823

-34,147

14,997

124,299

121,674

-11,215

1,215

24,231

19,769

18,516

-30,695

12,853

32,381

-3,261

-2,211

6,684

1,106

-643

3,072

7,685

-4,530

4,658

-1,246

4,678

1,363

1,989

-2,386

-

-

-

-3,863

7,751

-1,641

3,235

-1,367

Net increase in interest-bearing deposits

37,488

116,258

55,284

18,426

66,438

-5,628

832

51,707

34,606

-1,399

33,254

-15,034

29,047

35,965

-5,300

13,093

39,964

3,018

-18,278

14,519

7,799

-1,371

-2,635

10,672

7,931

10,674

534

-16,147

-11,144

-4,443

-14,543

5,640

16,502

5,075

21,791

14,175

-18,886

Other

0

-

-6

0

-12

-

-65,200

65,200

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

127,782

74,392

41,724

-17,235

79,957

117,165

45,809

115,705

24,667

35,677

52,651

22,501

-2,446

-

26,252

-11,574

42,022

-

-

-

-

-

-

-

-

-

6,495

-21,100

-14,606

-2,737

-19,415

10,886

-18,221

22,480

19,697

28,021

-31,948

Net increase in cash and cash equivalents

91,584

39,927

-16,113

-20,725

34,047

67,736

-23,476

63,506

4,592

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,105

-7,852

13,363

30,940

3,551

-8,479

14,766

1,995

-

-

-

-

-

-

-

-

-

-

-

-

Cash and Cash Equivalents, Period Increase (Decrease)

-

-

-

-

-

-

-

-

-

-13,284

35,897

-20,230

-30,990

18,573

-486

25,690

-486

4,870

-26,816

9,592

3,545

-22,970

-10,540

18,369

5,718

24,095

-15,523

-26,084

-13,693

-24,017

-18,096

16,167

-7,416

40,927

14,616

16,039

-18,982

Supplemental Disclosure of Cash Flow Information:
Interest paid

5,217

6,051

5,678

5,527

4,529

4,086

3,630

2,912

2,472

2,489

2,006

1,960

1,875

1,687

1,715

1,591

1,610

3,014

-7

1,409

1,347

1,376

1,420

1,394

1,367

1,363

1,394

1,545

1,607

1,798

1,770

1,910

2,027

2,222

2,312

2,346

2,561

Income taxes paid

0

2,292

2,204

5,404

0

2,900

2,400

3,354

0

1,750

0

3,650

2,004

3,937

1,726

3,221

1,100

500

3,090

404

2,500

1,000

0

2,650

1,650

887

1,200

1,708

1,000

1,585

1,650

1,365

1,000

99

2,157

1,564

1,880

Non-cash Investing and Financing Items
Loans transferred to OREO

0

428

2,278

0

45

565

0

767

290

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Establishment of lease liability and right-of-use asset

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate acquired in settlement of loans

-

-

-

-

-

-

-

-

-

-

-

-

59

-1

200

78

511

1,636

1,227

28

2,263

3,673

412

388

1,324

2,978

5,765

130

1,030

404

1,710

3,956

5,025

1,077

120

682

0