Sound financial bancorp, inc. (SFBC)
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'12
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income

6,216

6,679

6,451

6,732

6,881

7,039

6,583

5,976

5,313

5,125

5,503

5,735

5,686

5,378

5,034

4,695

4,688

4,790

4,372

4,492

4,461

4,240

4,444

4,204

4,130

3,940

3,822

3,440

2,891

2,640

0

0

0

Adjustments to reconcile net income to net cash from operating activities:
Amortization of net discounts on investments

-64

-50

-99

-29

-39

-41

17

1

4

2

0

-58

-50

-48

-38

-40

-70

-102

-171

-251

-316

-404

-459

-485

-524

-532

-642

-597

-447

-309

0

0

0

Loss on sale of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-31

-31

-31

-31

0

0

0

0

-

-

-

-

-

-

-

-

Other-than-temporary impairment losses on securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30

38

70

92

164

0

0

0

Provision (recapture) for loan losses

325

-125

-125

-125

225

525

750

750

600

500

454

204

304

454

250

350

450

400

600

700

700

800

800

1,050

1,300

1,350

2,000

2,625

3,275

4,525

0

0

0

Depreciation and amortization

941

931

936

970

987

989

1,089

977

977

943

906

854

801

793

698

719

670

620

663

604

577

555

528

484

475

461

450

437

413

394

0

0

0

Compensation expense related to stock options and restricted stock

413

267

231

226

267

273

439

369

424

523

456

585

567

525

450

439

417

418

366

296

238

333

331

328

323

168

168

185

177

167

0

0

0

Mortgage Servicing Rights (MSR) Impairment (Recovery)

798

760

708

878

943

513

325

145

26

135

-331

-424

-423

-312

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in right of use assets amortization

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in lease liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash surrender value of BOLI

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in advances from borrowers for taxes and insurance

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to mortgage servicing rights, net of amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in fair value of mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Additions to mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Fair value adjustment on mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-681

-799

-905

-900

-612

-130

196

-53

0

0

0

Additions to mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-473

-477

-626

-787

-991

-1,047

-912

-880

0

0

0

Amortization of mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

734

789

882

953

979

1,009

1,064

1,065

1,111

1,064

0

0

0

Bank Owned Life Insurance Income

-

-

-

-

-

-

-

-

-

-

-

331

333

336

337

338

338

338

340

341

344

340

371

363

350

348

290

273

251

239

0

0

0

Net change in advances from borrowers for taxes and insurance

-

-

-

-

-

54

66

-72

-60

-3

34

43

75

69

137

24

151

95

117

107

212

112

0

0

0

-

-

-

-

-

-

-

-

Net gain on sale of loans

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Sales of Loans, Net

-

-

-

-

-

-

-

-

-

1,071

1,058

1,248

1,327

1,366

1,183

1,066

1,115

1,301

1,399

1,223

944

624

544

398

596

967

1,631

2,260

2,259

2,063

0

0

0

Proceeds from sale of loans held-for-sale

69,959

78,214

64,493

57,422

60,579

49,121

55,582

59,685

53,715

51,959

66,280

75,016

89,143

88,926

72,135

65,421

66,267

73,951

76,789

76,024

66,056

50,406

76,971

50,951

86,881

106,896

95,012

136,946

99,799

95,055

0

0

0

Originations of loans held-for-sale

74,281

77,241

64,348

57,124

60,019

47,979

55,572

58,630

51,463

51,794

63,107

73,639

88,600

86,340

72,604

61,981

64,912

73,931

73,672

75,941

65,102

50,462

77,253

50,396

85,638

104,334

90,504

199,177

138,910

92,910

0

0

0

Gains (Losses) on Sales of Other Real Estate

0

-

0

0

0

-

-33

-132

-118

-94

-99

15

18

21

-109

-187

-163

-201

-107

2

-42

-28

97

-18

-182

-742

-855

-1,259

-1,153

-314

0

0

0

Change in operating assets and liabilities:
Accrued interest receivable

-23

-81

2

-116

266

310

261

547

208

161

313

85

159

208

177

98

147

111

7

103

70

131

133

58

75

86

64

99

150

46

0

0

0

Other assets

-286

-762

-985

-1,330

-455

-505

-556

30

216

305

257

358

-580

105

1,287

-397

254

31

-1,374

49

-362

-278

1,300

1,167

839

1,206

-1,852

-1,439

-1,133

-530

0

0

0

Accrued interest payable

23

89

119

113

120

60

25

4

-6

4

6

-12

5

1

1

11

-3

-4

-11

8

6

-6

-4

-1

1

-1

-2

-6

-4

-1

0

0

0

Other liabilities

1,659

1,944

-72

-217

-517

709

2,395

755

563

1,098

-618

1,138

-1,274

-266

1,328

-1,341

3,045

-466

-3

-283

-2,310

1,503

1,090

2,834

3,358

877

929

885

775

1,077

0

0

0

Net cash from operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,437

3,751

8,793

4,049

3,940

6,803

0

0

0

-

-

-

-

-

-

-

-

Net cash (used in) provided by operating activities

4,967

11,063

8,105

9,181

8,783

10,325

10,291

7,892

8,328

6,824

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,246

9,054

10,209

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of available-for-sale securities

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from principal payments, maturities and sales of available-for-sale securities

1,348

845

206

247

268

416

637

1,040

1,088

1,214

1,306

1,008

1,158

1,282

1,440

1,886

2,367

4,665

5,572

5,992

6,125

4,177

3,950

5,026

6,833

9,172

10,689

9,432

6,816

3,848

0

0

0

Net decrease (increase) in loans

41,315

847

-4,334

-25,414

24,527

70,995

88,781

96,930

70,863

48,651

52,066

29,938

28,192

41,434

41,780

30,476

39,210

29,931

20,327

31,756

29,594

40,632

37,690

47,171

58,350

67,461

75,003

57,393

44,627

33,977

0

0

0

Reduction in (purchase of) BOLI

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of BOLI

-

-

-

-

-

295

381

403

587

341

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

3,500

3,500

3,500

3,500

0

0

0

0

Improvements to OREO and other repossessed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

11

12

12

33

59

93

245

418

0

0

0

Proceeds from sale of OREO and other repossessed assets

-

-

-

-

-

-

-

-

-

-

-

-

351

252

366

468

629

736

581

717

736

1,447

1,366

1,769

3,106

2,474

2,768

3,004

2,139

3,019

0

0

0

Purchases of premises and equipment, net

985

654

260

179

275

641

587

672

2,201

2,474

2,970

3,233

846

1,007

1,104

780

1,742

1,112

4,294

4,337

4,115

3,972

303

257

261

343

387

437

383

265

0

0

0

Net cash from (used by) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-37,659

-25,630

-17,780

-28,759

-26,756

-38,902

0

0

0

-

-

-

-

-

-

-

-

Net cash (used in) provided by investing activities

-48,275

-5,786

848

25,168

-24,750

-71,499

-88,892

-96,497

-59,756

-36,113

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-66,694

-63,760

-51,775

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in deposits

50,877

63,117

69,789

40,086

54,488

39,201

14,212

44,869

33,897

32,195

47,663

36,206

32,701

27,707

43,908

25,238

31,901

32,215

38,004

44,717

52,873

59,470

40,229

54,398

46,620

36,256

28,299

5,785

8,951

12,086

0

0

0

Proceeds from borrowings

122,450

166,800

155,225

315,075

246,000

262,000

290,000

186,500

289,000

229,000

182,500

165,500

140,000

151,500

149,000

127,500

113,500

107,000

102,600

121,600

154,600

174,100

200,250

198,750

242,750

270,250

220,500

175,000

83,000

15,000

0

0

0

Repayment of borrowings

139,950

243,300

239,775

369,869

277,000

237,000

221,000

140,456

258,631

224,792

191,953

176,113

145,743

137,143

135,643

118,143

100,543

97,143

99,242

135,243

164,243

186,743

219,893

199,393

240,393

248,893

188,143

142,643

65,643

1,642

0

0

0

FHLB stock redeemed (purchased)

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

FHLB stock redeemed (purchased)

-

-

-

-

-

1,069

2,809

1,909

1,283

225

-321

-400

-172

628

588

460

-297

-12

-689

-625

-92

-90

-89

-87

-87

-87

-65

-44

-22

0

0

0

0

Allocation of ESOP shares

394

395

397

616

517

421

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in advances from borrowers for taxes and insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6

-40

0

0

0

Repurchase of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,261

1,261

1,261

48

904

1,561

2,106

2,106

1,202

0

0

0

-

-

-

-

Dividends paid on common stock

1,980

1,434

1,431

1,427

1,421

1,367

1,262

1,660

1,558

1,505

1,441

874

809

745

706

669

635

574

552

529

503

504

506

511

514

388

0

0

0

-

-

-

-

Proceeds from common stock option exercises

281

131

147

54

77

118

112

112

105

43

34

181

170

165

199

65

60

65

107

98

92

81

0

0

0

-

-

-

-

-

-

-

-

Net cash used by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43,678

40,854

23,517

29,931

43,425

46,054

0

0

0

-

-

-

-

-

-

-

-

Net (decrease) increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,456

18,975

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

32,768

-11,317

-12,372

-13,361

23,814

62,304

80,242

88,083

63,310

35,387

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49,808

38,092

37,262

0

0

0

Net change in cash and cash equivalents

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

6,098

0

0

0

-

-

-

-

-

-

-

-

-

-

17,106

5,819

2,607

-1,694

-7,640

-16,614

-4,304

0

0

0

SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for income taxes

-

-

-

-

-

2,670

2,750

2,650

1,810

2,460

2,660

3,350

3,390

3,040

2,825

3,235

2,535

2,860

3,025

2,225

2,225

1,975

1,285

995

1,725

1,350

1,540

1,605

950

950

0

0

0

Interest paid on deposits and borrowings

7,728

7,528

7,142

6,664

6,001

5,300

4,596

4,052

3,602

3,364

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid on deposits and borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,783

2,756

2,671

2,578

2,496

2,429

2,443

2,406

2,352

2,313

2,269

2,291

2,332

2,361

0

0

0

Loans transferred from loans held-for-portfolio to OREO and repossessed assets

434

494

549

549

115

55

0

0

0

-

-

-

-

634

470

902

413

671

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Leases right of use assets obtained in exchange for operating lease liabilities:
Right of use assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease Liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncash net transfer from loans to OREO and repossessed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

536

904

1,176

1,858

1,997

2,183

2,925

2,597

0

0

0