SI Financial Group, Inc. SIFI Cash Flow

Si financial group, inc. (SIFI)

CashFlow / Quarterly

Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Operating leases right-of-use assets amortization
-49	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from operating activities:
Net income
3,134	1,501	2,705	3,353	2,006	-1,563	2,244	2,842	1,719	6,485	1,556	1,728	1,541	1,448	974	1,005	921	1,391	1,200	914	906	1,024	-1,742	-60	-77	745	-700	670	403	761	740	707	209
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses
518	1,121	1,009	288	725	160	171	170	160	417	880	582	311	797	1,017	360	335	344	350	415	430	686	443	55	135	646	1,334	432	484	948	210	190	210
Employee stock ownership plan expense
166	164	172	179	175	183	183	182	179	170	162	167	169	157	142	144	139	136	134	140	142	142	137	136	144	136	141	138	128	113	118	122	114
Equity incentive plan expense
30	49	52	53	51	35	87	119	140	194	227	238	223	177	331	169	183	187	178	192	189	181	192	192	192	103	30	27	29	28	25	27	20
Excess tax benefit from share-based compensation
-	-	-	-	-	-	-	-	-	14	6	0	8	10	0	0	5	0	1	0	3	5	1	0	3	1	0	0	3	1	0	0	2
Amortization of investment premiums and discounts, net
-130	-115	-214	-471	-324	-340	-226	-254	-265	-244	-230	-178	-206	-145	-265	-278	-308	-335	-212	-230	-282	-338	-318	-296	-307	-236	-341	-266	-325	-278	-156	-113	-103
Amortization of loan premiums and discounts, net
246	-72	243	238	228	204	293	338	250	560	305	352	384	364	519	563	375	368	410	319	322	402	373	352	346	378	459	380	206	381	519	354	204
Depreciation and amortization of premises and equipment
502	538	556	576	582	564	565	547	554	560	580	612	622	642	664	673	699	675	644	648	629	637	501	430	424	446	447	458	501	504	504	478	461
Amortization of core deposit intangible
150	151	150	150	151	150	150	151	150	150	151	150	151	150	150	151	150	150	150	149	164	165	55	0	0	3	2	3	3	5	6	5	5
Amortization of deferred debt issue costs
-	-	-	-	-	-	-	-	-	-	-	-	-	2	3	4	9	11	13	20	46	-	-	54	53	-	-	-	-	-	-	-	-
Net gain on sales of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	29	35	-236	-922	0	3	43	-344	257	317	146	122	183	35
Other-than-temporary impairment losses on securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	87	0	36	148	0	0	0
Net gain on fair value of derivatives
-	-	-	-	-	-	-	-	-	14	33	16	-1	72	-7	-10	-5	-9	78	-26	17	14	18	126	47	-	-	-	-	-	-	-	-
Net (gain) loss on trading securities and derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-84	71	181	27
Net (gain) loss on fair value of derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-152	-49	-	-	-	-
Deferred income tax benefit
-6	-301	-6	-8	-6	3,408	33	-6	78	-362	-1	-55	-26	-819	-36	-62	151	1,155	74	-40	-6	-1,140	80	-39	26	-1,224	127	-3	0	-	-	-	-
Loans originated for sale
8,051	6,661	11,384	38,134	5,811	15,162	15,360	13,092	9,927	4,304	14,314	13,291	5,907	10,421	4,673	10,744	3,390	3,622	4,136	4,190	4,307	9,312	11,111	12,680	13,136	17,249	14,857	14,444	7,002	20,469	6,428	5,988	14,249
Proceeds from sale of loans held for sale
8,694	6,142	14,110	35,029	5,776	16,430	15,379	15,336	7,791	3,659	19,071	8,757	7,316	8,911	5,795	10,130	3,599	4,027	3,592	4,351	5,410	9,521	9,660	17,284	13,520	18,028	12,792	13,391	11,049	16,613	6,289	6,411	19,785
Net gain on sales of loans held for sale
90	50	241	10	120	296	430	362	104	-42	426	329	203	238	78	69	87	73	16	91	94	100	4	209	522	648	445	335	218	265	135	87	124
Net gain on disposal of equipment
13	-	-	-	0	-	-	-	-	0	-56	-35	-1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-33	-1	-7
Net loss on disposal of SI Trust Servicing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-212	-486	0	0	0	0
Net gain on sale of loans held for investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	201	0	0	0	0	-	-	-	-
Net loss on sales or write-downs of other real estate owned
-6	0	0	-1	-81	124	-1	-365	-27	-67	3	-16	14	-66	-79	-123	1	-37	-28	-4	-35	-18	21	-21	-25	-46	0	-3	-11	-24	-35	-115	-62
Increase in cash surrender value of bank-owned life insurance
214	236	230	226	215	218	133	132	130	157	136	136	141	169	146	141	162	147	147	144	142	174	90	68	68	71	71	70	72	74	72	71	72
Gain on bank-owned life insurance proceeds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2	120
Change in operating assets and liabilities:
Accrued interest receivable
178	-288	399	17	9	49	209	39	52	326	-115	-16	-43	53	197	198	-18	-45	1	-23	-101	0	-69	87	-60	-192	131	-197	-66	-97	128	168	244
Other assets
2,167	-1,567	-290	1,271	-1,269	1,876	290	175	165	-540	370	-281	321	-180	-159	-682	114	-69	541	-589	-1,899	-1,172	2,628	-1,111	264	-1,295	-256	-133	99	250	38	-734	-1,134
Accrued expenses and other liabilities
696	1,719	-2,205	3,547	154	-256	-4,528	1,749	-384	2,818	659	-3,879	2,439	1,369	-314	-194	541	-22	-140	-2,479	3,762	-465	2,282	185	-493	580	392	124	136	4	109	557	-608
Net cash provided by operating activities
3,602	6,039	5,038	4,219	5,361	1,930	-1,614	8,247	551	5,466	8,648	-4,594	6,787	2,636	4,664	2,772	3,674	4,900	1,925	1,222	9,713	3,574	-771	6,936	418	3,869	1,042	1,128	6,201	-538	1,893	3,131	6,833
Cash flows from investing activities:
Purchases of available for sale securities
0	3,965	11,915	17,058	1,993	0	-45	18,067	13,986	0	5,092	12,271	12,130	9,910	13,043	12,101	10,306	11,590	3,951	8,378	12,297	13,808	0	9,504	31,359	0	7,635	6,374	27,712	6,139	25,955	60,451	47,374
Proceeds from sales of available for sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	9,703	0	0	0	1,028	81	13,007	12,108	0	1,000	4,918	6,698	23,081	9,336	483	3,831	31,504	1,065
Proceeds from maturities of and principal repayments on available for sale securities
5,934	9,148	10,378	14,730	8,890	13,062	6,526	8,553	7,312	7,898	13,729	5,573	7,497	9,407	8,026	7,086	7,607	9,503	4,872	5,507	12,684	13,489	9,369	12,011	10,406	12,255	13,667	10,380	18,150	18,563	12,721	12,165	9,917
Purchases of Federal Home Loan Bank stock
-	-	-	-	-	0	0	0	69	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of Federal Reserve Bank stock
0	0	0	0	2	5	0	0	7	0	0	0	3	0	0	3,621	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of Federal Home Loan Bank stock
867	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	325	0	0	0	0	-	-	-	-
Loan principal originations, net of principal collections
-8,173	16,603	7,949	-25,689	24,579	-3,765	-2,056	-18,986	8,175	11,014	32,658	-11,683	-9,820	7,118	14,362	2,856	-12,222	-16,557	-9,144	-28,420	-5,064	15,226	98	-15,719	-13,190	9,967	1,109	-2,582	14,381	6,510	-6,858	-8,035	-14,633
Purchases of loans
12,601	20,750	16,471	16,348	2,382	13,843	3,004	8,054	11,222	4,042	21,802	7,525	4,333	16,552	29,400	55,960	11,280	21,257	12,811	25,389	443	2,835	1,667	14,899	3,549	8,980	12,591	28,197	0	5,802	0	23,778	17,419
Proceeds from sales of loans held for investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-8	3,197	0	0	0	0	-	-	-	-
Proceeds from sales of other real estate owned
492	0	127	448	71	577	128	41	119	152	263	49	221	322	0	62	0	248	293	459	357	59	358	345	552	260	189	212	700	481	0	0	473
Purchases of premises and equipment
169	995	506	340	560	345	388	243	779	35	585	342	200	171	240	888	903	1,083	976	985	173	272	772	228	868	410	220	507	335	730	475	445	866
Proceeds from bank-owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	2	600
Net cash provided by (used in) investing activities
2,696	-32,892	-25,788	7,121	-20,555	-8,448	7,577	1,216	-26,807	-252	-38,131	-1,128	872	-24,475	-50,478	-59,204	-2,660	-7,622	-1,813	1,822	5,273	-5,586	10,363	3,436	-7,106	-1,924	-1,001	1,762	-14,242	8,313	-3,020	-32,968	-38,971
Cash flows from financing activities:
Net increase in deposits
28,978	37,938	24,323	3,250	14,473	-6,042	13,293	24,493	45,618	-6,259	20,112	19,669	39,146	14,887	13,002	481	18,934	12,874	-8,382	1,938	19,534	-16,807	4,797	-4,856	8,030	-2,379	-6,433	-7,227	19,261	7,565	5,025	17,962	10,660
Net decrease in mortgagors' and investors' escrow accounts
-1,563	1,863	-1,826	1,556	-1,310	1,492	-1,958	1,734	-1,238	2,210	-1,957	2,001	-1,374	1,562	-1,954	1,861	-1,561	1,806	-1,507	1,684	-1,597	1,745	-1,317	1,069	-1,490	1,705	-997	749	-1,541	1,707	-274	67	-1,634
Proceeds from Federal Home Loan Bank advances
0	10,270	0	0	14,817	9,000	0	0	14,500	27,500	21,000	3,000	0	27,250	42,000	72,478	6,000	19,000	0	0	10,000	23,000	30,000	6,000	4,000	7,000	0	0	0	4,000	5,000	0	14,000
Repayments of Federal Home Loan Bank advances
215	11,214	10,711	10,210	11,210	5,721	20,287	27,330	17,827	18,329	20,326	13,331	16,350	17,116	9,737	24,295	10,280	24,882	4,406	11,401	16,396	15,509	29,000	9,000	6,000	2,000	0	7,000	0	4,000	14,100	0	19,000
Net proceeds from common stock offering
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	5	0	2,769
Excess tax benefit from share-based compensation
-	-	-	-	-	-	-	-	-	14	6	0	8	10	0	0	5	0	1	0	3	5	1	0	3	1	0	0	3	1	0	0	2
Purchase of shares by ESOP pursuant to reorganization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,141
Stock options exercised
-	-	-	-	-	-	-	-	-	30	0	0	37	7	5	683	20	-185	200	55	297	79	15	0	0	-	-	-	-	-	-	-	-
Cash dividends on common stock
708	703	703	716	716	594	593	592	593	472	472	472	473	470	471	480	493	368	368	371	368	367	287	286	287	286	286	299	300	298	297	298	298
Common shares repurchased
-	-	-	-	-	3	68	-1	138	79	62	4	33	75	54	7,388	213	-110	445	263	53	89	2	1	6	324	257	4,714	6	0	0	0	5
Net cash provided by financing activities
26,492	38,038	11,094	-9,286	16,054	-1,728	-9,533	-1,413	40,322	4,615	18,301	10,863	20,961	26,055	42,791	43,340	12,412	8,355	-14,907	-8,358	11,420	-23,015	4,207	-7,074	4,250	1,479	-7,963	-18,491	17,417	8,975	-4,641	17,731	3,353
Net change in cash and cash equivalents
32,790	11,185	-9,656	2,054	860	-8,246	-3,570	8,050	14,066	9,829	-11,182	5,141	28,620	4,216	-3,023	-13,092	13,426	5,633	-14,795	-5,314	26,406	-25,027	13,799	3,298	-2,438	3,424	-7,922	-15,601	9,376	16,750	-5,768	-12,106	-28,785
Supplemental cash flow information:
Interest paid
4,097	3,870	3,366	3,003	2,831	2,751	2,822	2,859	2,675	2,521	2,544	2,567	2,448	2,383	2,291	2,168	2,031	2,072	2,033	2,126	2,075	2,189	1,837	2,125	2,184	2,367	2,371	2,431	2,513	2,674	2,839	2,918	3,009
Income taxes paid, net
-	-	-	-	-	1,397	1,400	4,245	25	736	834	1,300	150	857	519	470	0	488	-1,405	2,666	-1,816	250	200	250	862	-434	0	100	13	280	460	50	0
Transfer of stock offering escrow for issuance of common shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	47,556
Transfer of loans to other real estate owned
-	-	-	-	-	-	-	-	-	288	491	183	167	135	-52	333	52	195	18	90	0	986	1,026	98	283	911	279	478	119	412	389	0	80
Stock options exercised by net-share settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	427	2,136	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-