Southwest georgia financial corp (SGB)
CashFlow / Quarterly
Dec'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
Cash flows from operating activities:
Net income

1,331

1,432

1,298

1,228

1,123

1,143

1,147

1,232

717

951

1,073

1,065

1,002

972

1,011

1,047

843

857

864

808

662

803

736

701

982

650

573

565

642

420

304

571

396

98

591

374

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

111

378

250

115

225

249

140

215

75

75

75

75

45

45

40

30

0

51

45

45

75

75

75

105

105

105

105

105

130

105

105

105

203

480

150

150

Provision for foreclosed asset losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

95

75

75

75

75

75

75

75

Depreciation

288

303

303

303

314

247

237

237

225

218

218

218

234

222

233

233

249

237

237

237

223

218

222

226

219

218

230

230

249

227

210

210

230

217

190

190

Net amortization of investment securities

-104

-96

-76

-63

-79

-90

-94

-90

-94

-97

-100

-103

-103

-87

-80

-37

-71

-72

-81

-82

-79

-82

-80

-80

-89

-93

-90

-88

-78

-66

-283

98

-646

89

80

101

Income on cash surrender value of bank owned life insurance

33

33

33

33

24

41

40

41

33

33

33

33

31

31

31

31

37

37

36

36

37

37

37

12

45

45

76

8

44

44

42

41

55

40

39

27

Amortization of intangible assets

0

0

0

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

33

53

53

53

53

53

53

55

55

55

55

55

51

Disposal of fixed assets to charitable expense

-

-

-

-

-

-

-

-

-

-

0

13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale/writedown of foreclosed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

10

1

27

36

20

0

-285

40

48

53

-41

12

-152

55

-

-

-

-

Loss (gain) on sale/writedown of foreclosed assets

43

-0

-6

0

24

0

0

-7

0

0

-8

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-76

17

Net gain on extinguishment of debt

0

0

0

143

317

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on sale of securities

-

-

-

-

-

-

-

-

-

-

-

124

-

57

83

27

0

0

3

0

0

139

0

154

311

0

0

0

-

-

-

-

-

-

-

-

Net loss on disposal of other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-7

17

4

-0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Change in:
Net gain on sale of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

156

188

32

Net gain on disposal of other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-5

0

Funds held related to mortgage banking activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

106

-

-185

-326

-32

-487

17

227

256

Other assets

-129

-104

563

-183

-102

312

-14

-267

-549

128

-94

25

-127

75

46

259

-141

155

29

-96

-68

-2

-892

323

-565

261

60

23

553

-99

121

180

-1,121

18

329

105

Other liabilities

135

-126

586

-453

-198

145

425

-565

-162

275

173

1

-350

510

-258

421

-257

393

-137

-206

91

133

-514

75

-112

346

-154

-605

545

294

-312

-162

72

210

-111

-45

Net cash provided by operating activities

2,098

1,981

1,674

1,269

1,563

1,534

2,015

1,447

1,483

1,427

1,674

1,297

1,096

1,679

950

1,455

1,013

1,422

1,022

1,011

1,135

1,107

1,439

731

854

1,695

825

612

1,638

1,095

-624

1,114

804

1,176

1,444

1,182

Cash flows from investing activities:
Proceeds from calls, paydowns and maturities of securities HTM

5,671

1,369

2,628

1,628

3,991

4,190

3,420

649

2,582

3,215

2,424

1,847

1,724

1,247

2,085

894

2,000

963

1,373

778

1,723

710

973

575

1,918

2,431

2,898

2,007

2,195

6,066

2,380

1,747

3,210

4,351

4,830

3,439

Proceeds from calls, paydowns and maturities of securities AFS

3,396

1,561

365

175

196

244

229

125

153

147

167

167

194

4,050

200

5,909

2,250

297

1,303

292

349

702

237

1,170

645

804

1,034

1,608

765

1,263

3,540

1,979

2,621

2,000

3,454

3,564

Proceeds from Federal Home Loan Bank Stock repurchase

0

155

0

840

437

727

0

0

-

-

-

-30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Federal Home Loan Bank Stock repurchase

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-270

-315

-450

-80

0

-491

41

-41

-

-

-

-

-

-

-

-

Proceeds from sale of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

198

442

0

0

0

-

-

-

-

-

-

-

-

Proceeds from sale of securities available for sale

-

-

-

-

-

-

-

-

0

3,065

2,540

136

0

1,549

5,082

5,302

0

0

4,044

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of securities held to maturity

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

576

0

0

516

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturity of certificates of deposit in other banks

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

245

980

245

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,273

11,846

67

Purchase of securities held to maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,623

0

921

2,662

4,646

1,092

500

0

1,228

811

3,107

4,193

4,942

5,546

4,054

5,658

10,327

4,093

6,772

1,000

Purchase of securities available for sale

0

8,272

10,162

3,965

2,018

0

3,732

3,011

0

0

832

6,207

10,449

8,068

6,611

0

4,614

0

0

1,094

3,646

0

12,115

4,825

4,478

2,215

2,495

11,139

8,951

895

0

2

985

0

450

7,799

Purchase of Federal Home Loan Bank Stock

0

0

850

40

0

510

0

36

-

-

-

-

0

255

127

36

255

93

102

0

0

954

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase certificates of deposit in other banks

-

-

-

-

-

-

-

-

0

0

750

1,235

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of certificates of deposit in other banks

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

245

2,205

735

0

0

-

-

-

-

Net change in loans

4,099

6,691

10,726

1,121

9,979

21,246

10,808

5,477

592

8,051

12,031

18,220

5,311

-694

17,255

19,978

11,756

2,375

6,600

5,785

-1,294

-1,319

4,486

4,490

-2,575

2,161

11,729

3,629

1,909

8,795

10,471

3,272

-1,040

6,833

8,575

10,599

Proceeds from bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Expenditures for improvements to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

42

Purchase of premises and equipment

114

61

262

178

700

749

965

966

607

717

360

269

150

914

169

220

51

52

132

134

143

352

1,017

798

437

180

229

257

36

165

219

887

504

307

567

173

Proceeds from sales of foreclosed assets

-

-

-

-

-

-

-

-

-

8

79

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of fixed assets and foreclosed assets

207

276

470

20

174

0

2

954

-

-

-

-

-

-

-

-

-150

150

95

106

154

175

211

37

277

497

510

111

-

-

-

-

-

-

-

-

Proceeds from sales of other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

201

206

-

942

216

115

Net cash used by investing activities

5,266

-2,303

-18,781

-2,640

-9,537

-17,343

-12,607

-7,761

377

-2,891

-8,761

-23,811

-13,687

-1,409

-17,146

-7,307

-13,220

-723

-424

-8,470

-3,175

3,323

-16,246

-8,051

449

-1,909

-13,206

-15,695

-14,159

-8,300

210

-5,887

-4,242

7,334

2,581

-12,426

Cash flows from financing activities:
Net change in deposits

7,296

-1,499

-20,981

32,978

29,391

10,811

-3,012

21,442

12,249

-6,472

-1,777

21,513

7,236

20,239

12,611

-7,611

16,243

945

-12,956

24,808

-1,311

-2,533

-17,047

20,430

1,777

12,262

-14,262

18,895

14,111

18,390

-2,517

12,866

12,024

-6,131

-13,917

17,404

Payment of short-term portion of long-term debt

553

3,653

30,000

7,283

6,714

16,257

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for early retirement of long-term debt

0

0

0

-11,501

-9,110

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of short-term debt

0

-1,000

32,214

1,000

5,000

3,000

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends paid

305

305

305

305

305

305

304

280

280

280

280

280

280

280

254

254

254

254

254

254

203

203

203

203

203

101

101

101

101

101

101

101

0

0

0

254

Net cash provided by financing activities

6,425

-6,458

-1,286

14,887

17,954

6,249

-3,316

21,162

11,989

5,656

-2,057

21,233

6,092

19,226

12,356

-7,865

21,988

-442

-9,210

24,554

-7,515

4,462

-20,250

20,226

1,573

19,160

-14,364

18,793

14,009

16,288

-2,619

12,764

12,024

-8,131

-13,917

17,149

Increase (decrease) in cash and cash equivalents

-

-6,781

-18,393

13,516

-

-9,559

-13,909

14,849

-

4,193

-9,144

-1,280

-6,498

19,495

-3,839

-13,718

9,782

256

-8,612

17,095

-9,555

8,893

-35,057

12,907

2,877

18,946

-26,745

3,709

1,488

9,084

-3,033

7,991

1,373

7,593

-9,891

5,905

NONCASH ITEMS:
Increase in foreclosed properties and decrease in loans

808

41

0

0

0

90

37

376

0

903

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain (loss) on securities AFS

-105

270

1,019

908

1,012

-407

-297

-973

-381

45

330

145

-1,985

-219

402

954

-476

561

-629

679

451

-326

482

589

-441

82

-934

13

-91

-101

-479

-59

-142

280

654

21

Net reclass between short and long-term debt

553

4,153

0

0

857

5,100

0

1,500

857

14,257

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net reclass between short and long-term debt

553

4,153

0

0

857

5,100

0

1,500

857

14,257

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retirement of treasury stock

-

0

0

0

-

0

0

26,242

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivable from sale of guaranteed foreclosed asset

-

0

0

0

-

0

0

172

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sale of foreclosed properties through loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

96

0

20

240

102

0

104

0

224

382

0

306

92

571

97

0

Net reclass between short and long-term debt

553

4,153

0

0

857

5,100

0

1,500

857

14,257

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-