Select bancorp, inc. (SLCT)
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
CASH FLOWS FROM OPERATING ACTIVITIES
Net income

10,832

13,035

14,448

15,530

15,192

13,782

7,283

4,741

2,967

3,185

6,835

6,795

7,366

6,754

6,787

6,399

6,313

6,553

6,193

5,036

3,828

2,357

0

0

0

-

-

3,419

3,318

4,637

4,501

3,847

1,828

-163

0

0

0

Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for (recovery of) loan losses

-

-

-

-

-

-156

515

1,176

1,702

1,367

1,760

1,895

970

1,516

1,353

1,409

1,112

890

560

273

-15

-194

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Recovery of loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

Provision for loan losses

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Depreciation and amortization of premises and equipment

1,590

1,790

2,580

2,233

1,916

1,738

1,587

1,439

1,297

1,144

1,144

1,145

1,122

1,090

1,053

1,022

1,057

1,043

1,049

996

846

736

622

548

529

522

533

550

567

581

592

609

631

659

0

0

0

Amortization and accretion of investment securities

-796

-767

-648

-561

-532

-560

-592

-597

-582

-556

-581

-623

-691

-741

-829

-880

-902

-971

-1,072

-996

-1,115

-954

-1,034

-1,012

-814

-874

-798

-799

-785

-769

-673

-702

-760

-831

0

0

0

Amortization of right of use lease asset

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred loan fees and costs

870

844

791

793

806

744

707

662

607

602

577

540

521

485

476

448

390

346

267

288

311

306

308

259

242

227

224

221

196

197

195

192

205

200

0

0

0

Amortization of core deposit intangible

785

825

864

903

960

1,016

930

765

591

409

362

385

408

431

447

466

505

544

590

594

473

347

215

116

116

116

116

116

116

115

124

133

142

153

0

0

0

Loss on sale of premises and equipment

-

-

-

-

-

-

-

-

0

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net write-down on assets held for sale

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of acquisition premium on borrowings

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

415

369

223

208

192

178

178

161

136

115

88

78

77

71

66

58

49

39

-131

97

94

91

253

22

22

26

28

30

34

38

46

-87

17

75

0

0

0

Accretion on acquired loans

809

904

1,083

1,813

2,313

3,051

3,075

2,317

1,746

1,061

874

1,062

1,129

1,146

1,166

1,049

1,061

1,363

1,490

1,580

1,304

732

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on the sale of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

22

135

135

269

332

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net accretion of acquisition discount on borrowings

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash surrender value of bank-owned life insurance

668

672

677

679

682

686

661

633

603

575

574

578

584

591

601

611

619

626

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from loans held for sale

38,776

34,578

29,797

28,127

31,758

22,726

18,317

10,306

-2,365

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Originations of loans held for sale

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Originations of loans held for sale

39,139

34,173

0

0

0

-

-

-

-

98

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sales of loans held for sale

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on write down on other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Increase in cash surrender value of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

237

239

242

247

250

252

254

254

0

0

0

Loss (gain) on sale of premises and equipment

-

-

-

-

-

-

-

-

-

5

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on sales of loans held for sale

-

-

-

-

-

-

-

-

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss on sale and write-downs of foreclosed real estate

-46

-49

17

-30

-63

-71

-328

-556

-447

-442

-208

-49

-132

-158

-186

-132

-149

-139

-52

-33

-9

-251

-357

-424

-464

-319

-369

-583

-1,055

-960

-1,233

-1,065

-1,244

-1,423

0

0

0

Amortization of deposit premium

21

14

14

39

98

178

234

270

282

292

349

438

549

662

730

763

795

829

900

911

697

460

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net (gain) on investment security sales and pay-downs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

0

0

-

0

0

0

-

0

0

0

Change in assets and liabilities:
Net change in accrued interest receivable

-281

300

-121

140

357

-108

277

445

442

432

465

240

116

418

148

110

107

-94

182

70

-46

34

-359

-64

30

14

-158

-100

-240

-367

-301

-722

-599

-485

0

0

0

Net change in other assets

38

1,708

1,408

1,660

1,506

-2,578

-3,350

-3,215

-2,675

-526

-817

-807

-1,256

-1,328

757

1,188

1,157

313

1,340

-967

-1,329

-538

-1,819

97

53

84

-1,659

-330

-549

-1,781

-1,598

-3,428

-2,779

-1,733

0

0

0

Net change in accrued expenses and other liabilities

-1,761

-719

-1,209

-740

744

-11,210

-11,358

-11,458

-12,931

-356

-745

-2,407

-75

-199

448

1,359

184

-454

678

473

526

138

-432

-440

-205

12

-1,644

-1,338

-916

16

2,043

982

967

-90

0

0

0

NET CASH PROVIDED BY OPERATING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH PROVIDED BY OPERATING ACTIVITIES

13,828

13,359

13,920

13,431

14,935

4,813

-174

-1,117

-4,280

6,558

0

0

0

-

-

-

-

-

-

-

0

-

4,846

3,222

4,150

4,678

7,181

6,640

6,933

8,450

7,591

9,991

11,235

10,586

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of FHLB stock

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption (purchase) of FHLB stock

-

-

-

-

-

793

238

237

23

-1,265

-628

-177

-171

139

291

269

831

588

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of non-marketable security

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of investment securities available for sale

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of FHLB stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

177

238

452

275

0

0

0

-

-

-

-

Redemption (purchase) of non-marketable security

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Redemption of non-marketable security

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Purchase of investment securities available for sale

-

-

-

-

-

-

-

0

764

-

1,258

1,258

1,257

2,016

3,534

3,799

3,800

9,339

10,274

10,008

17,453

10,396

0

0

0

-

-

-

-

42,148

0

0

0

-

-

-

-

Maturities of investment securities available for sale

6,883

3,383

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage-backed securities pay-downs

15,414

13,805

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of investment securities available for sale

-

-

-

-

-

-

-

-

0

-

-

-

-

624

3,070

3,070

5,245

8,086

5,190

5,594

3,397

504

954

550

550

0

0

0

0

-

-

-

-

-

-

-

-

Maturities of investment securities available for sale

-

-

-

-

-

-

-

-

3,390

-

5,514

6,514

9,881

10,693

9,434

8,435

11,747

12,430

13,001

13,251

9,534

8,924

10,653

10,402

8,651

9,651

10,351

12,452

13,274

14,122

14,221

19,620

22,613

25,836

0

0

0

Mortgage-backed securities pay-downs

-

-

-

-

-

-

-

-

8,076

-

6,294

6,073

6,511

8,223

8,833

9,498

10,034

9,210

11,391

11,519

11,268

11,003

9,021

8,877

9,812

11,103

12,108

12,820

12,837

12,805

13,067

12,404

11,585

11,261

0

0

0

Net change in loans outstanding

49,349

45,584

21,591

2,556

10,973

247

27,791

54,076

73,930

108,814

114,012

108,598

77,274

59,711

45,380

49,807

62,011

56,073

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in loans outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

34,707

31,927

34,368

45,227

0

0

0

-

-

-

-

Net change in loans outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from sale of foreclosed real estate

55

120

0

0

0

-

-

-

-

1,442

1,018

1,231

2,182

2,062

1,906

1,350

293

635

762

714

757

1,440

1,385

1,620

1,507

1,138

1,714

2,537

3,699

4,058

3,763

3,099

2,937

2,011

0

0

0

Purchases of premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net purchases of premises and equipment

1,463

1,381

1,523

1,621

1,565

1,556

0

0

0

-

-

-

-

-

-

-

4,023

-

2,741

1,767

628

735

649

584

559

483

374

332

239

231

185

111

90

34

0

0

0

NET CASH USED BY INVESTING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH (USED IN) INVESTING ACTIVITIES

-2,961

-42,128

-21,118

-4,155

-38,741

9,567

32,558

6,285

-12,504

-47,724

0

0

0

-

-

-

-

-

-

-

0

-

45,655

10,712

8,129

16,183

15,258

35,826

23,091

22,323

46,480

56,203

64,514

67,619

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES
Net change in deposits

6,667

-12,614

-11,513

11,766

-58,417

-14,439

-26,946

27,782

70,306

89,356

98,250

78,817

46,033

29,162

26,732

51,244

36,745

1,904

-23,057

-70,421

-62,288

-51,303

-37,926

-36,755

-41,685

-50,101

-21,667

-5,854

7,438

11,603

-31,272

-53,048

-52,305

-33,222

0

0

0

Preferred stock dividends paid

-

-

-

-

-

-

-

-

-

-

-

-

-

4

24

43

62

77

76

76

57

38

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

7,645

7,645

7,645

7,645

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock

-

-

-

-

-

-

-

-

-72

0

-410

-242

-75

0

440

653

642

821

931

662

568

218

78

68

31

44

0

0

0

-

-

0

0

-

-

-

-

Repurchase stock

13,895

11,427

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from short-term debt

-

-

-

-

-

-

-

-

0

-

-

-

11,000

27,000

52,228

44,135

64,111

48,111

20,599

25,819

5,398

6,717

4,001

874

1,319

0

0

3,242

3,242

6,666

0

0

0

-

-

-

-

Proceeds from long-term debt

-

-

-

-

-

-

-

0

20,000

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of lease liability

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments on short-term debt

-

-

-

-

-

-

-

-

-

26,722

15,558

8,381

8,645

19,327

49,653

45,583

51,640

38,972

6,154

7,779

1,754

0

0

0

0

-

-

12,337

11,885

10,695

4,321

6,321

5,602

3,973

0

0

0

Repayments of long-term debt

-

-

-

-

-

-

-

-

-

14,653

15,120

4,951

5,664

5,664

0

0

0

-

-

0

0

-

-

0

0

-

-

-

-

2,000

2,000

2,000

2,000

2,000

0

0

0

Repayments of lease liability

802

703

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH PROVIDED BY FINANCING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock option exercises

121

228

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES

-14,909

-31,516

-31,822

49,671

-5,673

62,287

37,698

21,024

56,764

48,147

0

0

0

-

-

-

-

-

-

-

0

-

-43,426

-43,366

-48,688

-61,600

-33,611

-14,905

-1,190

5,739

-30,762

-55,676

-54,134

-37,011

0

0

0

NET CHANGE IN CASH AND CASH EQUIVALENTS

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CHANGE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

39,980

-

-20,683

-12,175

-7,408

-7,695

23,439

41,942

31,508

4,999

-43,179

-44,910

-37,144

-14,459

7,075

-29,432

-36,409

-40,739

-11,172

27,561

28,834

36,512

23,309

10,518

21,615

41,194

0

0

0

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Interest

11,664

11,645

11,235

10,533

10,005

9,210

8,034

6,851

5,790

4,900

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid during the period for: Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3,502

-

3,880

4,095

4,340

4,468

4,508

4,727

4,995

5,314

5,682

5,988

6,324

6,681

7,011

7,546

8,044

8,490

0

0

0

Taxes

2,553

2,553

3,244

2,930

2,277

2,277

2,678

2,630

3,471

3,471

3,141

4,359

2,591

2,591

2,908

1,925

2,983

2,983

1,973

1,261

203

213

350

1,108

1,634

1,624

0

0

0

-

-

-

-

-

-

-

-

Non-cash transactions:
Unrealized gains (losses) on investment securities available for sale, net of tax

1,161

959

1,453

1,133

313

-457

-972

-806

-502

-40

-516

-672

-543

-132

22

557

-178

-319

380

278

999

917

491

152

-790

-1,186

-1,189

-1,044

-304

-207

10

-12

154

107

0

0

0

Transfers from loans to foreclosed real estate

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfers from loans to foreclosed real estate

2,792

2,614

0

0

0

-

-

-

-

2,543

2,771

3,266

1,309

1,418

1,633

1,125

1,143

590

-28

580

649

1,197

1,356

1,243

864

632

1,342

1,231

4,703

4,820

4,671

4,643

1,553

2,810

0

0

0

Acquisition:
Transfers from loans held for sale to loans, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-