PACIFIC MERCANTILE BANCORP PMBC Cash Flow

Pacific mercantile bancorp (PMBC)

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 (Loss) Attributable to Parent
2,437	5,680	9,602	11,873	24,514	27,339	25,388	25,244	12,375	10,449	8,346	-25,936	-33,146	-34,643	-22,886	7,961	12,810	12,441	662	-44	-179	357	-14,734	-15,450	-18,596	-22,216	-8,295	-3,835	5,103	9,654	18,397	15,890	11,334	11,632	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
412	419	416	425	425	405	410	421	410	428	435	447	469	485	504	502	519	525	520	427	443	462	462	552	539	536	527	518	521	506	513	518	506	499	0	0	0
Provision for loan and lease losses
12,050	9,150	5,400	3,300	3,300	0	0	0	0	-	-	-	19,450	19,870	19,870	9,140	420	0	0	450	1,050	1,500	4,855	4,405	3,805	4,505	1,150	1,650	3,500	1,950	0	0	0	-	-	-	-
Amortization of premium on securities
-145	-150	-151	-160	-168	-179	-190	-201	-212	-221	-242	-257	-270	-283	-284	-298	-307	-319	-329	-331	-333	-331	-333	-347	-394	-462	-480	-458	-369	-363	-379	-446	-562	-585	0	0	0
Net (gain) loss on sale of securities available for sale
-	-	-	-	-	48	44	44	44	-4	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other than temporary impairment on securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	77	77	131	194	169	0	0	0
Net mark-to-market gain on investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Net gains on sales of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net mark-to-market on mortgage loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	0
Proceeds from sales and principal reductions of mortgage loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Originations and purchases of mortgage loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Net amortization of deferred fees and unearned income on loans
973	663	-491	-381	-190	-50	-70	-12	210	388	598	567	409	349	371	468	592	607	750	834	765	662	553	414	345	386	275	400	489	538	732	572	633	651	0	0	0
Net loss (gain) on sales of other real estate owned
0	-66	-66	-37	-37	29	0	0	0	-	-	-	-	107	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on sale of premises and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	56	55	35	35	14	0	0	0	-	-	-	-	18	0	0	0
Net loss on sale of other assets
-17	-42	-42	-36	-25	-4	-25	-41	-43	-37	0	0	0	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-528	-478	63	32	158	0	0	0
Gain (Loss) on Sales of Loans, Net
729	1,029	866	600	300	0	0	0	0	-	-	-	-	40	40	40	40	0	658	914	1,388	2,074	1,416	1,160	686	0	-31,002	-13,995	-4,704	0	0	0	0	-	-	-	-
Small Business Administration loan originations
7,258	12,009	10,118	7,139	4,751	0	0	0	0	-	-	-	-	806	806	806	806	0	8,878	12,282	17,932	27,097	18,219	14,815	9,165	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of Small Business Administration loans
8,096	13,173	11,090	7,800	5,077	0	0	0	0	-	-	-	-	840	840	840	840	0	9,564	13,244	19,392	29,245	19,681	16,001	9,853	0	0	0	0	-	-	-	-	-	-	-	-
Write down of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	343	298	298	575	1,922	6,547	6,994	5,422	5,501	0	0	0	-	-	-	-
Stock-based compensation expense
1,071	1,057	1,071	888	906	885	852	807	778	796	825	891	959	1,039	1,012	1,104	1,195	1,234	1,306	1,282	1,179	1,139	1,112	989	925	804	707	631	561	483	402	357	291	278	0	0	0
Net gains on sales of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44	44	960	960	2,123	0	0	0	-	-	-	-
Other
-	-	-	-	-	-	0	0	-59	-	0	0	0	-	-	-	-	-	-	-	-	105	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Tax effect of restricted stock vesting
-	-	-	-	-	-	-	-	-	-	-	-	-	16	38	102	125	109	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net mark-to-market loss on derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Changes in operating assets and liabilities:
Net increase (decrease) in accrued interest receivable
30	92	-120	299	238	131	676	977	854	1,170	1,042	712	463	436	287	272	-2	-170	-135	99	177	419	171	-172	52	-225	-187	-430	-104	-263	-296	-357	-625	-754	0	0	0
Net decrease in other assets
2,033	-5,940	-445	-1,348	-3,627	3,193	2,308	2,675	3,054	4,376	-530	686	179	-144	1,527	156	270	561	-304	307	486	696	-5,471	-4,192	-2,087	-958	6,941	6,017	3,035	4,982	5,032	1,344	4,319	876	0	0	0
Net increase in deferred taxes
-1,447	-2,259	0	0	0	-	-	-	-	-	-	-	-	-16,837	-5,377	14,933	11,377	11,562	-248	-925	-1,188	-1,620	-6,292	-5,447	-2,836	-4,165	661	-828	2,591	4,954	0	0	0	-	-	-	-
Net decrease in income taxes receivable
-206	-188	-941	-669	-399	-226	295	268	211	215	30	-683	-683	-681	-747	-7	34	49	-9	726	685	691	-2,886	-3,828	-5,054	-1,605	3,901	3,531	4,863	1,444	-14,023	-14,895	-14,878	-7,400	0	0	0
Net increase (decrease) in accrued interest payable
-153	37	-20	85	100	-36	132	189	217	196	21	43	31	-54	53	-3	-20	33	-2,484	-2,431	-2,289	-2,063	539	559	517	453	381	436	499	388	476	449	448	459	0	0	0
Net decrease in other liabilities
-228	-7,347	-1,850	-4,406	-2,868	2,529	1,268	2,836	2,387	4,603	755	1,474	1,073	91	-196	-587	-470	80	535	203	-1,658	-1,304	2,327	983	1,230	97	-7,706	-3,090	357	3,347	8,183	5,765	3,012	2,224	0	0	0
Net cash provided by discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	8,702	8,144	7,660	16,053	43,574	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by operating activities
14,477	17,021	19,991	16,540	19,636	17,264	13,859	14,761	12,106	10,583	9,923	7,357	5,915	4,346	2,470	2,419	2,266	1,928	685	-1,108	5,928	8,776	16,416	12,214	13,879	35,584	118,824	-37,655	52,177	10,324	-104,832	41,716	-58,615	-37,082	0	0	0
Cash Flows From Investing Activities:
Net decrease in interest-bearing time deposits with financial institutions
75	0	0	0	0	500	999	1,249	1,249	749	250	248	748	996	1,247	751	251	3	0	0	0	-	-	-	-	-	-	-	-	-1,000	-85	65	425	655	0	0	0
Maturities of and principal payments received on securities available for sale and other stock
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maturities of and principal payments received on securities available for sale and other stock
-	-	-	-	-	5,978	6,241	6,448	7,116	7,247	7,852	8,203	8,035	8,193	7,964	8,193	8,231	8,409	8,386	8,135	9,056	9,403	3,466	4,276	10,338	13,256	18,217	22,317	31,223	30,024	30,360	26,485	11,962	11,211	0	0	0
Purchase of securities available for sale and other stock
-	-	-	-	-	5,215	3,528	2,969	2,692	3,350	3,033	1,036	998	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	150,455	0	0	0	-	-	-	-
Proceeds from sale of securities available for sale and other stock
-	-	-	-	-	6,883	7,265	7,265	7,265	382	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	6,689	6,689	56,241	56,241	185,696	185,696	191,777	224,854	95,609	0	0	0
Principal payments received on other investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,087	2,087	2,087	2,087	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of other investments
282	876	1,065	1,100	869	364	269	235	316	227	431	431	310	385	87	87	75	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of other real estate owned
0	1,107	1,107	1,934	1,934	827	0	0	0	-	-	-	-	757	1,938	1,938	1,938	1,181	1,845	14,139	14,139	15,269	22,159	11,535	11,535	10,405	5,769	6,514	11,322	12,514	12,599	11,471	7,981	13,901	0	0	0
Net (increase) decrease in loans
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (increase) decrease in loans
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in commercial loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Net decrease in loans held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Purchases of premises and equipment
550	497	265	163	211	350	400	468	429	265	287	500	616	600	515	426	467	575	617	375	290	334	535	574	619	618	472	660	919	902	1,007	976	544	541	0	0	0
Capitalized cost of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	329	329	329	308	44	44	44	381	394	394	394	212	0	0	0
Net increase in loans
-	-	-	-	-	32,316	44,286	22,435	114,808	120,205	171,335	165,674	127,167	101,331	58,548	59,615	111	25,209	9,985	27,736	62,694	65,668	79,740	84,080	69,975	50,245	53,914	25,532	31,281	72,602	25,252	6,806	-10,831	-59,387	0	0	0
Proceeds from sale of other assets
32	55	55	55	29	32	66	173	173	141	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,586	0	0	0
Net gain on sales of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Proceeds from sale of premises and equipment
-	-	-	-	-	-	-	-	-	2	2	2	2	0	0	0	0	-	-	-	-	77	133	109	109	71	0	0	0	-	-	-	-	18	0	0	0
Net cash provided by (used in) investing activities
-75,400	-38,736	-81,359	-28,811	-13,848	-24,008	-33,085	-10,972	-102,442	-115,526	-166,842	-159,155	-120,273	-92,337	-48,251	-49,496	9,511	-14,360	-1,634	-7,325	-41,771	-45,382	-57,058	-70,253	-55,711	-21,965	-52,860	19,371	-45,438	7,433	11,980	42,045	154,143	109,303	0	0	0
Cash Flows From Financing Activities:
Proceeds from sale of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,978	0	0	0	-	-	-	-	-	-	-	-
Net increase in deposits
114,938	63,568	96,001	31,827	67,322	-3,391	62,575	101,099	61,144	138,093	104,354	130,035	118,556	107,460	22,854	64,719	48,345	-22,469	44,913	52,656	36,937	136,084	185,050	70,314	33,453	-65,170	-182,845	-108,026	-52,469	-16,652	34,616	14,412	38,482	45,821	0	0	0
Proceeds from borrowings
185,000	95,000	90,000	90,000	80,000	71,000	81,000	76,000	81,000	70,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of borrowings
105,000	105,000	90,000	80,000	80,727	71,727	56,727	61,727	41,000	45,000	30,000	25,000	25,000	10,000	10,000	20,000	20,000	29,500	34,500	17,500	30,592	30,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	2,000	16,000	-24,000	-63,000	0	0	0
Proceeds from exercise of common stock options
617	567	113	79	344	372	578	591	330	1,213	996	1,085	1,204	455	616	635	566	1,511	2,071	2,114	2,096	1,217	549	626	511	305	0	0	0	-	-	-	-	-	-	-	-
Net cash used in financing activities
195,555	54,135	96,114	41,906	66,939	-3,746	87,426	115,963	101,474	164,306	120,350	136,120	109,760	112,915	13,470	45,030	28,587	-50,782	12,160	37,270	8,441	106,801	155,362	73,419	49,534	-34,887	-152,878	-117,004	-21,811	13,984	61,137	63,795	23,229	-8,432	0	0	0
Net increase in cash and cash equivalents
134,632	32,420	34,746	29,635	72,727	-10,490	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-36,569	-15,678	-4,598	24,924	-32,311	-2,047	40,364	-63,214	11,211	28,837	-27,402	70,195	114,720	15,380	7,702	-21,268	-86,914	27,586	-15,072	31,741	-31,715	-15,318	118,757	63,789	0	0	0
Supplementary Cash Flow Information:
Cash paid for interest on deposits and other borrowings
15,454	16,084	16,201	15,600	14,806	13,656	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest on deposits and other borrowings
-	-	-	-	-	-	-	-	-	-	-	0	5,728	-	5,242	5,232	5,218	5,236	7,997	7,956	4,379	7,892	4,866	4,701	8,235	4,864	5,760	6,611	7,375	8,155	8,760	9,435	10,093	10,641	0	0	0
Cash paid for income taxes
79	62	40	46	98	99	59	174	122	123	123	12	12	12	12	2	60	58	58	58	0	0	0	0	0	0	1,839	2,554	2,668	2,872	0	0	0	-	-	-	-
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Transfer of loans into other real estate owned
-	-	-	-	-	1,346	1,346	1,346	1,346	0	0	0	0	-	-	-	-	280	280	280	568	5,188	8,920	8,920	8,622	5,276	0	0	0	-	-	-	-	-	-	-	-
Non-Cash Investing Activities:
Transfer of loans into other assets
418	161	161	97	73	15	15	36	159	217	217	181	58	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impact of change in accounting principle
-	-	-	-	-	97	97	97	97	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assumption of debt upon foreclosure of property
-	-	-	-	-	727	727	727	727	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets obtained in exchange for new operating lease liabilities
2,059	12,677	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer of loans into other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	51,866	46,894	47,495	46,894	0	0	0
Transfer of loans held for sale to loans held for investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,004	0	0	0	-	-	-	-
Non-Cash Financing Activities:
Series C Preferred Stock issued in connection with dividends on Series B Preferred Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	593	593	1,161	1,161	1,112	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in net unrealized losses and prior year service cost on supplemental employee retirement plan, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net change in net unrealized gains and losses on securities held for sale, net of income tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Mark to market loss adjustment of equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0