People's utah bancorp (PUB)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15
Cash flows from operating activities:
Net income

10,773

11,695

11,135

10,989

10,505

10,678

10,483

10,467

9,004

593

6,238

6,494

6,521

6,542

6,248

5,577

5,243

4,886

5,266

4,664

4,798

Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses

650

1,200

2,100

2,150

1,550

3,175

1,925

1,475

2,050

750

900

900

200

150

325

225

200

200

200

450

150

Depreciation and amortization

876

475

1,032

915

974

880

863

800

738

686

659

638

629

611

626

648

642

651

651

732

518

(Increase) decrease in deferred income taxes

1,187

-543

-260

391

446

3,177

-170

-429

-561

-3,254

-522

-257

43

-

-

-

-

-224

507

-507

-26

Net gain on sales of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-28

-

-7

67

93

Net amortization of securities discounts and premiums

-501

-590

-601

-598

-574

-637

-679

-630

-682

-634

-687

-729

-772

-826

-742

-739

-773

-820

-818

-817

-719

Increase in cash surrender value of bank-owned life insurance

147

152

151

153

148

157

156

156

148

138

126

128

128

133

133

140

138

-

-

-

-

Share-based compensation

385

215

415

190

191

208

313

154

216

128

164

109

109

134

158

125

127

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30

-28

2

-20

357

-590

-111

Gain on sale of loans held for sale

1,243

1,105

1,440

1,042

942

826

1,052

897

1,150

1,398

1,223

1,435

1,403

1,554

1,754

1,778

1,255

1,161

1,294

1,536

1,256

Originations of loans held for sale

53,046

59,155

71,562

59,033

40,237

49,269

53,670

52,164

56,474

60,658

56,776

55,931

59,690

78,092

76,096

71,827

52,068

56,342

56,260

55,893

61,213

Proceeds from sale of loans held for sale

51,386

61,145

71,894

48,813

44,262

48,295

57,313

52,621

57,877

61,927

54,912

62,764

68,866

73,998

74,587

74,813

58,147

49,463

56,969

64,504

58,344

Net changes in:
Accrued interest receivable

560

-946

208

49

311

-484

1,108

42

22

1,408

570

-163

222

-244

215

-240

59

-143

-1,643

2,238

62

Other assets

865

-1,053

-2,086

827

-4,423

-1,939

-2,065

2,394

2,217

-2,571

1,588

-485

-32

47

303

-296

-258

-12,419

13,376

-248

333

Accrued interest payable

-43

-25

25

25

38

59

55

15

1

94

-10

-10

-26

12

-10

-6

-5

2

-2

-15

-14

Other liabilities

-2,538

-2,168

2,847

-1,020

-1,129

-2,271

1,003

3,902

2,834

-7,674

-1,352

2,763

2,201

-4,501

339

-68

3,245

-1,876

1,897

168

3,354

Net cash provided by operating activities

7,316

14,103

18,514

1,947

20,196

12,975

18,543

13,982

12,830

833

1,393

17,284

17,904

-2,122

4,029

8,844

15,136

9,154

-3,331

11,917

4,997

Net change in loans held for investment

-39,573

6,016

2,231

-4,271

-1,141

-37,927

30,353

4,327

58,963

50,805

14,669

50,134

32,424

14,340

9,866

25,478

22,442

54,681

2,370

35,179

15,882

Purchase of available for sale securities

192,849

122,827

16,396

2,571

10,260

-

-

-

-

43,826

0

7,919

16,680

53,481

87,375

10,997

2,000

61,669

66,495

27,360

11,873

Purchase of held to maturity securities

-

-

-

-

-

-

-

-

-

0

0

6,003

6,195

-

-

-

-

18,003

12,572

6,245

3,715

Proceeds from maturities/sales of available for sale securities

31,910

36,352

31,775

17,474

10,475

11,306

10,859

11,079

10,566

14,773

98,228

16,842

17,508

40,073

40,619

44,020

22,701

36,819

31,812

30,744

26,361

Proceeds from maturities of held to maturity securities

-

0

0

0

1,370

1,500

585

5,773

572

955

1,384

6,450

1,489

3,205

1,575

2,684

1,459

1,265

965

6,867

364

Purchase of bank-owned life insurance

-

-

-

-

-

0

0

0

2,250

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of premises and equipment

1,061

2,225

1,102

1,310

2,154

729

8,211

1,184

47

1,369

3,379

1,354

1,404

481

562

741

561

360

293

1,429

946

Proceeds from sale of other real estate owned, net of improvements

-

-

-

-

2,183

3,320

0

0

438

-

-

-

-

524

266

0

133

-1

-11

1,050

168

Purchase of non-marketable equity securities

267

0

0

0

4,032

3,480

7,500

7,860

7,115

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of non-marketable equity securities

-

0

0

0

3,960

5,160

9,420

7,420

5,110

2,824

0

0

132

0

0

2,663

417

-1,368

0

956

28

Net cash (used in) provided by investing activities

-122,694

-94,716

12,046

17,978

2,683

19,574

-56,032

11,684

-51,689

-193,782

81,532

-41,816

-37,838

-39,906

-57,107

9,488

-293

-109,387

-48,964

-30,596

-5,495

Net increase in deposits

65,651

-45,345

119,806

30,581

74,270

5,123

89,992

-24,385

-8,307

2,382

67,129

-7,613

43,591

-

-

-

-

-

-

-

-

Net increase in non-interest bearing deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34,643

22,146

-659

-

40,881

40,006

20,890

Net increase in interest bearing deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,833

-99

15,790

-

17,202

1,322

13,339

Proceeds related to exercise of stock options

159

-6

15

193

394

2

165

36

684

125

521

258

491

108

21

188

460

448

199

115

85

Net cash used in share repurchase program

2,140

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in short-term borrowings

-

-

-

-

-

-42,000

-48,000

11,000

39,000

36,227

471

-70

173

11

333

306

-24,655

24,790

80

212

626

Cash dividends paid

2,646

2,451

2,451

2,255

2,068

2,060

2,057

1,868

1,672

1,623

1,616

1,436

1,431

1,423

1,243

1,242

1,233

1,051

1,048

887

2,066

Net cash provided by financing activities

61,024

-47,802

117,370

28,519

72,596

-38,935

40,100

-15,217

29,705

37,111

66,505

-8,861

42,824

11,931

64,587

21,299

-10,297

499

57,314

75,665

32,874

Net change in cash and cash equivalents

-54,354

-128,415

147,930

48,444

95,475

-6,386

2,611

10,449

-9,154

-155,838

149,430

-33,393

22,890

-30,097

11,509

39,631

4,546

-99,734

5,019

56,986

32,376

Supplemental disclosures of cash flow information:
Cash paid for interest

2,206

2,291

2,265

2,305

2,207

1,924

1,862

1,763

1,494

979

764

759

792

637

630

616

669

638

652

680

700

Income taxes paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,812

2,010

4,870

500

Supplemental disclosures of non-cash investing transactions:
Reclassifications from loans to other real estate owned

-

-

-

-

-

-

-

-

745

-

-

-

-

245

0

0

237

-

-

-

-

Unrealized gains on securities available for sale

10,567

253

1,075

3,140

2,856

2,270

-1,161

-1,319

-2,468

-1,955

349

375

63

-3,229

-779

676

2,228

-2,580

762

-1,330

1,367

Measurement period adjustment to goodwill

-

-

-

-

-

0

0

329

-664

-

-

-

-

-

-

-

-

-

-

-

-

Transfer of HTM securities to AFS

-

-

0

0

64,648

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-