PARKE BANCORP, INC. PKBK Cash Flow

Parke bancorp, inc. (PKBK)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash Flows from Operating Activities:
Net income
30,480	30,287	29,582	27,935	26,453	25,038	18,644	16,584	14,140	11,838	14,657	14,375	19,413	18,943	19,079	18,130	12,325	11,943	10,775	12,537	12,455	12,312	12,472	9,998	9,457	9,238	9,022	8,722	8,419	8,069	7,148	6,956	7,279	8,204	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
452	431	419	397	387	380	373	361	342	320	317	259	260	269	193	248	250	251	321	330	341	348	350	343	341	337	344	344	348	358	0	0	0	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Provision for loan losses
3,396	2,700	2,650	2,350	2,100	1,800	1,700	1,600	2,400	2,500	2,700	2,900	1,262	1,462	762	1,512	2,900	3,040	4,040	2,840	3,090	3,250	2,750	2,700	2,700	2,700	3,700	5,000	6,050	7,300	9,400	10,250	10,300	10,450	0	0	0
Increase in value of bank-owned life insurance
600	601	605	607	610	613	621	632	642	652	669	686	705	722	632	540	447	357	357	357	358	359	351	356	359	363	345	296	249	202	184	182	180	179	0	0	0
Supplemental executive retirement plan expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33	50	84	134	135	0	0	0	-	-	-	-
Gain on sale of SBA loans
-	116	267	204	240	378	269	607	655	477	451	100	387	1,819	2,666	4,193	5,022	4,147	4,182	5,465	5,276	5,040	4,142	2,089	2,047	2,225	3,750	3,693	3,479	3,582	2,604	2,654	2,797	4,439	0	0	0
SBA loans originated for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,591	35,226	38,244	38,877	36,513	29,225	34,538	34,254	29,318	33,050	29,471	34,342	31,246	30,934	32,199	23,857	25,326	26,208	27,171	0	0	0
SBA loans originated for sale
-	-	-	-	-	4,696	4,197	6,336	6,813	5,807	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of SBA loans originated for sale
826	1,285	4,351	3,664	4,091	6,196	3,599	6,986	7,307	4,743	-11,127	-14,653	-10,771	2,638	-16,097	759	7,807	0	42,749	53,013	50,952	48,714	40,101	20,007	19,084	20,122	36,507	34,325	33,326	35,595	24,985	28,319	29,134	30,230	0	0	0
Net loss on sale of OREO and valuation adjustments
-	-	-	-	-	-	-	-	-	-1,422	-1,422	-1,183	-869	-1,830	-2,483	-1,938	-2,817	-2,019	-1,719	-1,284	-369	-596	-328	-643	-694	-662	-2,401	-2,078	-1,452	-999	927	1,234	594	557	0	0	0
Gain on sale of SBA related assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	178	429	429	429	251	0	0	0	-	-	-	-	-	-	-	-
Contribution of OREO property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	22	22	-22	0	0	0	0	-	-	-	-	-	-	-	-
Net loss on sale of OREO and valuation adjustments
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other than temporary decline in value of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net accretion of purchase premiums and discounts on securities
7	-38	-32	-33	-79	-45	-52	-59	-66	-65	60	47	-2	44	-83	-72	-28	623	638	655	649	-9	157	151	169	135	-43	-35	-21	-3	19	40	53	68	0	0	0
Purchase of treasury stock
-	-	-	-	-	-	-	-	-	-	-	-	-	4	122	484	484	831	713	351	351	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Stock based compensation
235	176	177	162	101	109	85	77	67	72	72	72	73	66	48	30	11	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Deferred income tax
-	-	-	-	-	-	-	-	-	-4,143	-559	-150	-612	-305	-202	-377	182	190	-2,294	-9,445	-9,794	-1,789	584	7,731	8,110	126	0	0	0	-	-	-	-	-	-	-	-
Deferred income tax benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,801	-1,199	-1,814	-1,801	0	0	0
Net changes in:
Decrease in accrued interest receivable and other assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in accrued interest receivable and other assets
-	-	-	-	-	-	-1,356	-1,838	75	59	4,091	5,718	-2,044	-594	-3,791	-2,976	-743	1,008	104	6,652	11,429	2,930	5,750	-2,696	-5,692	-334	-1,972	-3,776	-2,322	-851	-1,640	181	-764	-1,180	0	0	0
Increase (decrease) in accrued interest payable and other accrued liabilities
-1,226	1,226	1,490	2,838	3,523	1,929	1,658	1,665	1,231	888	1,095	621	651	-2,306	-76	624	-1,049	1,686	30	-2,128	670	1,042	1,249	2,820	1,559	1,164	352	-588	1	1,161	912	1,749	1,408	-451	0	0	0
Net cash provided by operating activities
33,220	34,433	35,281	32,517	32,938	28,901	26,376	27,095	22,638	18,996	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	14,043	15,201	16,013	17,284	17,244	19,685	19,446	17,484	0	0	0
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,054	17,770	28,672	32,227	26,530	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash Flows from Investing Activities:
Repayments and maturities of investment securities available for sale
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investment securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,476	20,476	19,976	19,976	0	20,004	20,004	20,004	22,026	2,022	2,022	6,170	4,148	0	0	0	-	-	-	-
Advances on OREO
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemptions of restricted stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	-1,342	-892	-892	-824	525	0	0	0
Repayments and maturities of investment securities available for sale
-	-	-	-	-	-	11,404	9,991	8,541	7,129	0	0	0	-	-	-	-	-	-	-	-	3,974	4,482	4,482	4,482	1,508	2,000	2,000	2,000	1,000	0	0	0	-	-	-	-
Repayments and maturities of investment securities held to maturity
-	-	-	-	-	1,204	-3,668	-1,973	-392	0	6,887	7,379	7,623	7,406	6,943	6,478	6,480	6,150	5,676	5,140	4,383	4,311	3,978	3,725	3,750	4,178	4,335	5,252	6,162	5,940	8,254	7,195	5,935	6,198	0	0	0
Net increase in loans
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in loans
-	-	-	-	-	-	227,331	174,816	158,155	161,590	137,807	145,967	128,217	138,996	114,673	103,923	90,258	55,541	82,004	81,281	80,261	68,084	29,869	30,934	32,479	37,808	65,947	44,880	30,401	23,378	-14,484	-6,773	9,041	6,173	0	0	0
Purchases of bank premises and equipment
488	594	309	265	244	138	189	426	2,174	2,148	2,340	2,329	797	875	751	552	459	352	200	198	87	118	147	131	127	113	118	128	79	225	265	306	375	209	0	0	0
Advances on OREO
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-116	-77	139	148	117	362	186	301	550	318	252	164	79	155	223	642	1,279	4,870	4,802	0	0	0
Donated OREO property
-	-	-	-	-	-	-	-	-	-	-	1	1	31	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of OREO, net
3,489	2,857	1,574	2,008	2,369	3,056	3,249	2,275	1,952	2,137	2,097	3,324	6,031	5,222	8,585	8,335	6,901	7,576	4,081	8,619	12,361	11,851	12,357	6,937	3,647	4,223	5,774	5,444	3,870	3,533	1,570	2,177	1,307	3,414	0	0	0
Redemption (purchase) of restricted stock
-	-	-	-	-	-	-361	-165	-1,064	-1,514	-1,289	-1,485	356	131	359	-89	-942	-1,637	-1,350	-607	-659	466	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-165,210	-176,135	-191,947	-200,631	-249,761	-219,889	-216,896	-165,084	-151,159	-155,986	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-61,412	-39,233	-29,780	-21,159	18,608	9,767	-7,257	-3,134	0	0	0
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-64,419	-94,421	-88,420	-84,601	-47,786	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash Flows from Financing Activities:
Cash dividends
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings distribution to non-controlling interest
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of Ordinary Dividends, Preferred Stock and Preference Stock
-	-	-	-	-	-	-	-	-	4,385	4,026	3,668	3,483	3,234	3,120	2,939	3,099	2,661	2,546	2,479	1,818	1,575	1,160	764	670	816	817	817	815	815	814	814	814	815	0	0	0
Proceeds from exercise of stock options
0	48	48	50	44	43	-905	-74	8	132	1,270	437	361	190	765	1,534	2,310	2,697	1,985	1,216	440	114	61	61	182	290	290	290	204	35	0	0	0	-	-	-	-
Capital contribution (earnings distributions) from non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,224	1,529	1,975	1,914	1,942	1,196	531	475	1,325	1,319	1,304	1,281	899	-827	-755	-297	-915	0	0	0
Net decrease in FHLBNY and short-term borrowings
-	-	-	-	-	-	5,000	16,225	25,000	35,000	30,000	30,000	-10,000	-5,000	-10,064	-110	19,843	35,298	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in FHLBNY and short term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-30,330	-34,832	-9,834	164	162	30,159	20,271	20,230	8,737	-9,848	0	0	0
Payments of Federal Home Loan Bank advances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net increase in noninterest-bearing deposits
-23,434	-101,060	93,326	226,823	249,755	235,973	135,905	34,000	63,731	31,821	20,443	33,055	11,278	39,762	33,593	2,318	4,936	10,219	11,220	5,584	10,885	6,567	3,560	9,453	6,784	5,644	0	0	0	-	-	-	5,482	7,978	0	0	0
Net increase in interest-bearing deposits
227,456	256,406	134,520	80,068	113,349	81,517	85,746	118,168	51,427	45,868	83,232	44,678	72,805	83,722	50,775	37,797	39,223	7,058	2,669	18,312	14,465	14,597	26,642	29,811	2,992	-16,083	-31,200	-46,277	-24,490	3,156	12,674	49,008	57,543	22,155	0	0	0
Other
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
226,663	178,838	221,611	225,696	358,636	303,346	221,858	228,700	135,496	108,383	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-31,948	-57,858	-25,872	-29,487	-4,270	34,842	51,977	38,250	0	0	0
Net increase in cash and cash equivalents
94,673	37,136	64,945	57,582	141,813	112,358	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50,556	40,002	39,375	40,778	11,833	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash and Cash Equivalents, Period Increase (Decrease)
-	-	-	-	-	-	-	-	-	-28,607	3,250	-33,133	12,787	43,291	29,588	3,258	-12,840	-8,809	-36,649	-20,373	-11,596	-9,423	37,642	32,659	-11,794	-31,205	-79,317	-81,890	-39,639	-33,362	31,582	64,294	64,166	52,600	0	0	0
Supplemental Disclosure of Cash Flow Information:
Interest paid
22,473	21,785	19,820	17,772	15,157	13,100	11,503	9,879	8,927	8,330	7,528	7,237	6,868	6,603	7,930	6,208	6,026	5,763	4,125	5,552	5,537	5,557	5,544	5,518	5,669	5,909	6,344	6,720	7,085	7,505	7,929	8,471	8,907	9,441	0	0	0
Income taxes paid
9,900	9,900	10,508	10,704	8,654	8,654	7,504	5,104	5,400	7,404	9,591	11,317	10,888	9,984	6,547	7,911	5,094	6,494	6,994	3,904	6,150	5,300	5,187	6,387	5,445	4,795	5,493	5,943	5,600	5,600	4,114	4,621	4,820	5,700	0	0	0
Non-cash Investing and Financing Items
Loans transferred to OREO
2,706	2,751	2,888	610	1,377	1,622	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Establishment of lease liability and right-of-use asset
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate acquired in settlement of loans
-	-	-	-	-	-	-	-	-	-	-	-	336	788	2,425	3,452	3,402	5,154	7,191	6,376	6,736	5,797	5,102	10,455	10,197	9,903	7,329	3,274	7,100	11,095	11,768	10,178	6,904	1,879	0	0	0