Republic bancorp inc /ky/ (RBCAA)
CashFlow / TTM
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
OPERATING ACTIVITIES:
Net income

88,880

91,699

83,237

82,240

79,899

77,852

65,384

58,679

53,084

45,632

50,794

49,916

48,185

45,903

43,321

39,133

39,113

35,166

32,983

32,589

30,591

28,787

24,897

24,254

24,051

25,423

30,699

46,764

50,223

119,339

118,922

106,124

105,209

94,149

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Net accretion (amortization) on investment securities

218

-120

206

307

195

97

-190

-194

1

245

309

432

506

503

648

628

710

729

484

474

295

424

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net accretion on loans and amortization of core deposit intangible and operating lease components

-3,858

-3,655

-3,418

-3,510

-3,434

-3,540

-5,136

-6,794

-6,492

-6,373

-4,741

-2,714

-2,283

-2,573

-2,226

-2,487

-3,398

-2,835

-3,067

-3,418

-3,923

-6,263

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized (gains) losses on equity securities with readily determinable fair value

-288

382

650

461

349

-122

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation of premises and equipment

9,516

9,230

9,316

8,921

9,163

9,347

9,314

9,322

8,877

8,472

8,201

7,987

7,630

7,304

6,926

6,824

6,749

6,610

6,575

6,890

6,577

6,363

6,218

5,320

6,212

5,311

1,870

2,890

2,777

5,372

9,361

5,855

4,880

4,406

0

0

0

Amortization of mortgage servicing rights

2,086

1,823

1,615

1,434

1,392

1,432

1,492

1,521

1,513

1,504

1,661

1,788

1,805

1,757

1,543

1,367

1,367

1,400

1,391

1,384

1,354

1,330

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of mortgage servicing rights

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-345

0

0

0

-

-

-

-

-

-

-

-

Credit loss expense for on-balance sheet exposures

31,287

25,758

29,948

30,872

31,344

31,368

32,335

32,479

32,608

27,704

26,637

24,905

21,658

14,493

11,563

11,307

10,397

5,396

4,681

3,958

3,747

2,859

2,003

2,693

2,905

2,983

3,804

3,687

25,588

15,043

49,188

47,245

24,878

17,966

0

0

0

Credit loss expense for off-balance sheet exposures

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on sale of mortgage loans held for sale

12,361

8,816

7,306

5,455

4,322

3,839

3,741

3,583

3,777

3,977

4,230

6,352

6,538

6,656

6,373

4,122

3,788

3,915

3,735

3,627

3,164

2,440

2,533

2,737

4,193

6,979

9,497

11,384

11,294

9,698

7,656

6,348

5,071

4,091

0

0

0

Origination of mortgage loans held for sale

440,656

356,097

290,714

215,488

188,220

176,916

174,099

168,439

156,256

160,091

181,470

196,801

213,065

216,812

187,570

160,768

152,146

160,989

156,437

145,181

114,182

82,457

81,790

116,345

220,672

291,155

343,300

359,870

282,932

252,194

217,096

185,703

165,443

137,843

0

0

0

Proceeds from sale of mortgage loans held for sale

424,946

354,660

273,143

219,713

185,725

177,545

174,061

165,426

160,730

169,969

190,059

208,247

220,429

214,760

192,898

162,887

161,534

167,209

157,536

145,340

107,012

82,015

88,236

136,447

243,177

305,242

346,379

351,173

277,959

255,670

226,088

195,125

167,436

152,770

0

0

0

Net gain on sale of consumer loans held for sale

6,034

5,102

5,370

5,712

5,698

5,930

6,207

6,149

6,176

5,647

4,936

4,330

3,510

2,835

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Origination of consumer loans held for sale

759,674

710,640

729,873

751,480

760,067

778,476

791,198

761,617

700,743

663,171

586,480

526,002

462,922

380,066

299,763

242,168

179,548

137,551

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of consumer loans held for sale

763,052

716,336

737,776

734,659

761,855

781,951

784,575

757,544

702,219

661,098

585,148

532,581

462,314

379,907

299,470

237,333

179,978

138,015

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain realized on sale of other real estate owned

413

540

516

497

727

729

954

813

751

831

699

656

478

514

614

1,714

839

956

884

-213

846

883

1,189

1,525

2,295

2,170

1,749

1,308

556

416

401

619

430

444

0

0

0

Net realized impairment (recovery) of mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Net realized gain on sales, calls and impairment of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Writedowns of other real estate owned

-

-

-

-

-

-

-

-

-

155

0

0

0

-

-

-

-

1,257

2,075

2,588

2,701

3,101

2,792

2,157

2,342

1,824

1,586

2,262

1,859

1,719

1,661

1,031

957

917

0

0

0

Impairment of premises held for sale

-

256

324

384

444

482

449

1,289

1,221

1,175

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred compensation expense - Class A Common Stock

573

584

653

874

823

645

493

198

191

191

168

166

163

170

201

214

218

223

213

205

201

187

186

195

195

193

239

226

224

227

181

175

174

171

0

0

0

Stock-based awards expense - Class A Common Stock

1,071

1,035

1,154

1,130

1,093

1,001

944

976

884

1,142

1,204

1,188

1,179

1,030

865

716

605

422

403

393

430

458

468

497

470

503

588

579

579

842

719

634

574

277

0

0

0

Net gain on sale of bank premises and equipment

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bargain purchase gains on acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,324

2,036

28,959

28,863

55,438

0

0

0

-

-

-

-

Increase in cash surrender value of bank owned life insurance

1,557

1,550

1,546

1,536

1,538

1,527

1,519

1,528

1,542

1,562

1,580

1,592

1,568

1,516

1,466

1,408

1,392

1,402

1,428

1,461

1,487

1,329

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net change in other assets and liabilities:
Accrued interest receivable

-1,959

-1,031

-23

2,158

2,198

1,860

2,339

1,983

1,625

1,726

1,577

704

270

659

281

469

528

426

480

855

883

535

425

-558

-934

-973

-1,958

-814

-1,442

-434

363

-125

692

262

0

0

0

Accrued interest payable

1,817

1,718

1,256

505

579

-16

170

228

183

152

-91

-416

-442

-298

-157

34

12

-33

18

-54

-76

-197

-286

-153

-86

56

-61

9

-123

-321

-308

-528

-589

-646

0

0

0

Other assets

14,032

8,677

5,503

-625

-893

-2,822

-6,411

-6,584

-2,729

-730

7,530

10,514

6,933

7,227

4,140

715

6,302

2,785

5,604

9,891

9,274

2,145

1,899

-8,498

-5,882

-488

-4,562

14,223

-1,319

-6,289

-4,414

-18,575

-8,530

-1,665

0

0

0

Other liabilities

2,157

-3,138

-338

-3,981

4,632

7,368

5,437

3,094

-3,411

2,850

4,547

6,601

1,362

540

-587

2,161

7,022

5,473

1,266

-440

3,602

-2,570

-3,331

-14,550

-24,903

-12,278

-25,337

-12,051

-30,904

-1,543

-2,085

-19,668

-10,145

-772

0

0

0

Net cash provided by operating activities

81,136

97,245

93,431

91,400

111,498

119,213

96,029

86,587

83,870

77,777

76,759

84,386

67,811

47,672

53,127

48,699

59,142

50,046

35,220

26,617

22,675

26,705

27,252

39,368

25,094

22,257

4,717

-40,321

-14,200

86,275

92,889

112,819

83,563

123,604

0

0

0

INVESTING ACTIVITIES:
Purchases of available-for-sale debt securities

0

-

-

-

-

173,875

293,641

259,848

240,762

225,212

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash received in FDIC-assisted transactions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

921,247

0

0

0

-

-

-

-

Purchases of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

918,583

1,013,563

1,115,594

1,512,809

1,751,732

1,656,630

1,614,153

876,854

138,679

225,871

204,830

194,527

175,276

81,370

78,726

61,717

-34,429

308,811

451,961

598,495

0

0

0

Purchases of held-to-maturity debt securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,000

0

0

0

-

-

-

-

-

-

-

-

Proceeds from calls, maturities and paydowns of available-for-sale debt securities

480,764

455,823

244,229

117,038

95,318

220,798

279,264

280,643

322,294

158,056

138,528

139,896

91,874

452,247

887,533

953,847

1,057,945

1,427,696

1,742,679

1,662,835

1,570,251

875,978

168,623

183,719

204,945

195,553

223,411

249,958

269,597

287,773

118,787

318,879

320,939

310,331

0

0

0

Proceeds from calls, maturities and paydowns of held-to-maturity debt securities

2,757

2,667

2,595

2,826

3,136

3,911

4,291

4,815

4,580

4,207

4,737

5,038

6,232

6,112

6,810

7,187

6,695

6,663

6,152

5,210

4,515

5,137

4,736

6,757

8,056

10,294

10,887

8,852

8,020

5,341

4,642

4,770

3,964

5,402

0

0

0

Proceeds from sales of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38,724

0

0

0

-

-

-

-

Net change in outstanding warehouse lines of credit

291,667

248,763

412,774

103,953

24,828

-56,877

-10,346

33,211

38,794

-59,867

-90,026

14,553

101,179

198,710

267,638

97,172

-29,169

67,298

120,964

244,774

286,893

169,855

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of non-business-acquisition loans, including premiums paid

-

-

-

-

-

-

-

-

-

6,160

7,803

6,538

29,904

51,868

78,773

102,339

121,173

117,516

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in other loans

74,276

188,708

270,983

264,587

243,367

216,600

210,744

259,443

314,794

268,839

229,669

216,929

121,230

125,756

66,676

59,928

106,756

100,660

91,807

69,833

37,923

46,383

64,258

30,536

63,154

11,048

-166,371

-97,383

-107,287

19,801

251,470

190,697

170,165

117,864

0

0

0

Proceeds from redemption of Federal Home Loan Bank stock

2,342

3,513

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

134

134

134

32

35

0

0

0

-

-

-

-

-

-

-

-

Purchase of Federal Home Loan Bank stock

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of other real estate owned

1,865

2,063

2,085

1,175

1,309

1,346

1,744

1,590

2,558

2,793

4,137

4,822

4,508

4,595

4,192

4,130

7,370

9,412

8,421

8,405

9,535

9,532

10,616

14,348

15,633

21,267

23,280

25,784

27,317

25,326

22,910

19,889

15,501

11,844

0

0

0

Proceeds from sale of bank premises and equipment

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net purchases of premises and equipment

12,956

12,883

11,208

7,797

7,120

9,822

10,863

12,841

12,928

12,383

10,801

9,593

9,337

7,031

8,473

5,900

5,832

5,319

5,831

7,969

6,730

7,759

5,987

6,652

4,852

5,022

4,664

3,477

4,090

3,888

4,381

3,025

4,035

3,727

0

0

0

Purchase of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-479,149

-427,266

-809,498

-329,558

-281,555

-121,535

-206,009

-272,220

-282,224

-287,113

-160,725

-152,982

-219,065

-296,134

-378,142

-320,979

-246,553

-358,208

-390,233

-587,048

-636,651

-470,894

-369,258

-189,237

1,144

43,552

148,224

201,634

200,063

995,280

863,521

734,792

709,212

-279,163

0

0

0

FINANCING ACTIVITIES:
Net change in deposits

428,993

461,715

310,451

240,505

56,693

22,987

216,956

339,431

368,839

272,466

213,836

277,891

407,467

468,544

563,392

371,766

356,429

429,295

307,994

274,627

296,005

67,325

40,051

33,936

12,416

7,929

-35,825

-130,501

-173,260

-894,756

-890,494

-835,349

-891,439

-536,792

0

0

0

Net change in securities sold under agreements to repurchase and other short-term borrowings

-47,088

-15,373

4,181

50,711

-2,514

-21,031

-9,543

61,957

31,307

30,548

20,853

-12,790

-175,518

-221,960

-157,166

-103,701

-12,641

39,325

33,750

32,386

110,360

190,553

169,501

68,907

101,957

-85,329

-63,466

-65,880

-105,502

20,653

-57,665

-24,164

-33,421

-88,433

0

0

0

Payments of Federal Home Loan Bank advances

902,500

820,000

630,000

645,000

630,000

457,500

447,500

417,500

402,500

490,000

485,000

535,000

545,000

292,000

277,000

217,000

202,000

218,000

288,000

313,000

338,000

188,000

120,020

120,044

85,570

37,600

26,467

24,576

49,088

590,095

609,309

596,244

561,244

75,247

0

0

0

Proceeds from Federal Home Loan Bank advances

915,000

760,000

1,085,000

700,000

750,000

530,000

405,000

275,000

375,000

425,000

0

0

0

-

-

-

-

210,000

337,500

589,500

352,500

290,500

195,000

168,000

95,000

100,000

60,000

75,000

205,000

195,000

0

0

0

-

-

-

0

Repurchase of Class A Common Stock

3,891

1,418

0

0

0

-

-

-

-

1,048

0

0

0

-

-

-

-

-

-

-

-

347

347

347

348

4,095

0

0

0

-

-

-

-

-

-

-

-

Net proceeds from Class A Common Stock purchased through employee stock purchase plan

528

494

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from Class A Common Stock options exercised and PSUs awarded

0

-

-

-

-

-

-

-

-

68

33

33

58

80

972

1,097

1,072

1,136

904

1,105

1,202

1,103

0

0

0

-

-

-

-

147

0

0

0

-

-

-

-

Cash dividends paid

21,845

21,377

20,902

20,427

19,960

19,497

19,035

18,573

17,888

17,656

17,430

17,205

16,987

16,768

16,539

16,311

16,075

15,839

15,609

15,367

15,128

14,930

14,697

14,473

14,245

14,009

36,703

36,518

36,334

36,116

13,008

12,777

12,545

12,315

0

0

0

Net cash provided by financing activities

368,764

363,850

747,627

324,981

153,447

54,445

145,630

239,894

354,289

219,378

111,661

258,312

159,269

327,689

536,451

322,493

249,234

445,366

376,062

568,924

406,939

346,204

270,103

136,452

109,697

-32,637

-107,543

-187,980

-164,916

-1,306,835

-935,796

-853,516

-1,078,586

-267,841

0

0

0

NET CHANGE IN CASH AND CASH EQUIVALENTS

-29,249

33,829

31,560

86,823

-16,610

52,123

35,650

54,261

155,935

10,042

27,695

189,716

8,015

79,227

211,436

50,213

61,823

137,204

21,049

8,493

-207,037

-97,985

-71,903

-13,417

135,935

33,172

45,398

-26,667

20,947

-225,280

20,614

-5,905

-285,811

-423,400

0

0

0

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid during the period for:
Interest

41,027

43,039

41,996

38,230

33,710

30,139

27,038

24,341

21,798

20,106

18,896

18,339

18,227

18,219

18,196

18,152

18,292

18,495

18,922

19,013

19,226

19,801

20,336

20,971

21,340

21,337

21,533

21,549

21,892

23,125

24,443

26,377

28,566

30,908

0

0

0

Income taxes

17,461

17,383

12,429

9,668

11,141

11,119

18,405

23,536

28,813

28,779

27,683

26,718

26,244

26,069

24,679

24,583

17,513

17,942

17,344

17,654

19,016

18,828

18,904

19,079

30,103

31,875

11,834

49,351

54,895

53,763

82,844

51,343

49,920

48,947

0

0

0

SUPPLEMENTAL NONCASH DISCLOSURES:
Transfers from loans to real estate acquired in settlement of loans

-

1,527

1,668

1,773

638

662

693

553

690

841

1,395

3,312

4,452

4,778

4,164

2,954

3,262

2,938

3,580

4,763

4,595

7,333

13,047

15,521

17,444

15,271

13,282

12,774

12,785

20,610

17,445

16,804

14,586

11,300

0

0

0

Right-of-use assets recorded

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for credit losses recorded upon adoption of ASC 326

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans provided for sales of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

256

542

542

1,414

3,248

3,073

3,110

3,383

1,442

3,064

3,102

2,465

2,377

1,607

1,559

1,233

1,554

1,747

2,229

2,968

3,119

0

0

0

Unfunded commitments in low-income-housing investments

-

-

-

-

-

14,029

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-