Rbb bancorp (RBB)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
Operating activities
Net income

6,748

10,675

8,012

10,142

10,380

9,491

8,331

9,436

8,847

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

5,493

Adjustments to reconcile net income to net cash from Operating activities:
Depreciation and amortization of premises, and equipment

522

-

-

-

481

-

-

-

-

-

-

-

-

Depreciation and amortization of premises, and equipment

-

-

-

-

-

-

-

122

295

-

307

326

338

Net accretion of securities, loans, deposits, and other

873

308

748

825

964

1,084

-72

654

88

3,544

376

-139

1,020

Unrealized gain on equity securities

-

0

0

0

147

-

-

-

-

-

-

-

-

Amortization of investment in affordable housing tax credits

247

-

-

-

225

-

-

-

-

-

-

-

-

Amortization of intangible assets

1,441

1,219

1,301

1,149

1,187

-

-

-

-

-

-

-

-

Provision for loan losses

1,945

659

824

357

550

1,890

1,695

700

184

-

-

-

-

Stock-based compensation

161

145

148

165

231

238

184

131

131

187

197

197

198

Deferred tax benefit (expense)

1,503

1,941

-205

-202

-31

-

-

-

-

-

-

-

-

Gain on sale of loans

2,711

3,762

813

3,120

2,198

2,101

1,125

2,085

1,815

2,948

2,584

2,289

1,497

Increase in cash surrender value of life insurance

191

195

195

194

191

199

200

200

198

204

219

216

185

Loans originated and purchased for sale

30,423

-25,373

45,275

16,264

41,348

75,321

129,299

120,040

88,790

70,161

83,258

57,710

43,500

Proceeds from loans sold

104,273

173,971

45,605

157,746

144,272

131,715

40,169

72,557

57,453

110,125

67,985

62,607

24,780

Other items

-4,442

-1,036

2,435

-6,242

-663

-8,467

-2,011

-2,064

2,478

337

2,032

-5,342

2,950

Net cash provided by operating activities

78,200

209,487

11,770

143,427

111,784

59,317

-80,444

-42,018

-21,503

-

-

-

-

Investing activities
Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-12,443

Increase in interest-earning deposits

-

-

247

0

-596

-

-

-

-

-

0

0

245

Securities available for sale:
Purchases

151,163

-

-

-

-

14,883

27,390

6,978

24,920

-

-

-

-

Purchases

-

-

-

-

-

-

-

-

-

-

16,795

1,000

1,000

Maturities, prepayments and calls

151,707

31,560

46,042

47,750

16,185

28,467

1,282

28,133

6,126

1,017

1,169

1,015

1,152

Maturities, prepayments and calls

500

385

0

705

500

-

-

-

-

-

-

-

-

Redemption of Federal Home Loan Bank stock

-

-

-

-

1,751

-

-

-

-

-

-

-

-

Purchase of Federal Home Loan Bank stock and other equity securities, net

621

-900

493

7,141

1,007

3,069

-2

3,461

4,549

810

0

22

5

Purchase of investment in qualified affordable housing projects

2,004

-

-

-

-

-

0

2,000

2,500

-

-

-

-

Net increase in loans

45,668

115,691

42,216

-16,919

20,438

153,727

104,731

70,580

37,377

87,576

73,750

26,859

30,712

Purchase of bank owned life insurance

-

-

-

-

-

-

-

-

-

0

0

0

10,000

Net cash received in connection with acquisition

-6,634

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of premises and equipment

135

396

123

347

484

383

1,002

826

277

455

29

76

124

Net cash used in investing activities

-40,750

-170,923

-42,443

-1,898

-4,089

-71,342

-131,839

-55,712

-63,497

-

-

-

-

Financing activities
Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-40,444

Net decrease in demand deposits and savings accounts

-108,420

56,147

42,029

-1,836

-118,098

-62,465

19,388

14,684

18,586

47,762

85,247

23,103

70,270

Net increase in time deposits

107,130

-59,144

-25,444

52,815

158,400

11,563

121,170

36,219

17,636

-28,771

-45,399

7,099

25,299

Net decrease in short-term FHLB advances

-

-

-

-

44,500

-

-

-

-

-

-

-

-

Net increase in long-term FHLB advances

150,000

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in FHLB advances

-

-

-

-

-

15,000

-170,000

-40,000

25,000

-

-

-

-

Net increase in FHLB advances

-

-

-

-

-

-

-

-

-

-

-

-

-10,000

Cash dividends paid

2,414

2,003

2,016

2,007

2,007

1,519

1,489

1,470

1,275

1,270

-1

1

3,848

Common stock repurchased, net of repurchased costs

5,254

-

-

-

-

-

-

-

-

-

-

-

-

Exercise of stock options

712

123

1,727

63

904

1,560

1,979

2,550

3,540

-

-

-

-

Net cash provided by (used in) financing activities

141,754

-39,877

8,106

-185,965

-5,301

-11,843

311,048

91,983

13,487

-

-

-

-

Net increase in cash and cash equivalents

179,204

-

-

-

102,394

-

-

-

-

-

-

-

-

Net cash from financing activities

-

-

-

-

-

-

-

-

-

-

-

-

101,721

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-5,747

-71,513

-

3,186

-4,681

48,834

Supplemental disclosure of cash flow information
Cash paid during the period:
Interest paid

8,643

21,102

9,403

12,847

2,350

17,215

-3,651

3,556

2,873

-

-

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

-

-

2,456

Non-cash investing and financing activities:
Transfer from loans to other real estate owned

-

0

0

19

955

-

-

-

-

-

-

-

-

Transfer of loans to held for sale, net

15,041

44,437

25,561

4,228

33,633

48,458

65,834

48,222

23,989

51,604

46,859

42,142

25,046

Loan to facilitate OREO

1,025

-

-

-

412

-

-

-

-

-

-

-

-

Net change in unrealized holding gain on securities available for sale

350

572

341

654

674

-198

-209

-267

-597

-

-

-

-

Additions to servicing assets

827

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition:
Assets acquired, net of cash received

183,524

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities assumed

201,385

-

-

-

-

-

-

-

-

-

-

-

-

Cash considerations

32,885

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

11,227

-

-

-

-

-

-

-

-

-

-

-

-

Net change in unrealized holding gain on securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

115