Smartfinancial inc. (SMBK)
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

24,549

26,548

26,247

24,608

19,418

18,102

11,708

9,068

6,785

5,015

6,624

6,550

6,093

5,798

5,333

3,645

2,520

1,509

684

1,415

1,758

1,832

1,880

1,654

1,640

1,680

1,647

1,583

1,497

1,402

1,144

1,303

1,134

1,030

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

4,778

4,300

3,644

3,471

5,092

3,291

-525

-949

-2,885

-1,691

2,341

2,291

2,212

2,189

1,410

1,092

1,213

1,085

2,416

2,486

1,964

1,675

770

535

523

506

406

512

510

529

659

589

559

510

0

0

0

Accretion of fair value purchase accounting adjustments, net

5,836

5,712

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

5,002

2,599

3,243

2,821

3,044

2,936

2,049

1,777

1,459

783

511

742

662

787

1,183

955

776

922

488

240

550

431

299

515

165

300

630

730

730

430

400

415

430

445

0

0

0

Stock compensation expense

484

517

502

429

436

397

384

347

230

154

129

116

125

132

128

199

170

140

115

-58

-21

14

42

144

169

129

115

101

55

74

75

76

77

79

0

0

0

Deferred income tax expense

-169

780

2,513

2,526

2,155

2,432

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash surrender value of bank owned life insurance

572

568

570

613

603

596

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of fixed assets

-28

-35

-14

-14

-7

-41

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net losses from sale of other real estate owned

29

17

-166

-255

-522

-643

-439

-404

-178

-47

-35

121

117

191

877

208

-58

266

-766

22

67

-625

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

Net gains from sale of loans

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted stock compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains from sale of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

199

181

135

52

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gains from sale of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

629

754

652

0

0

0

-

-

-

-

-

-

-

-

Net gains from sale of loans

-

-

-

-

-

-

-

-

1,326

1,275

1,151

1,209

1,001

948

432

303

44

-112

242

166

234

188

270

227

273

403

0

0

0

-

-

-

-

-

-

-

-

Origination of loans held for sale

67,446

69,056

59,090

56,062

58,661

52,070

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of loans held for sale

66,265

66,744

59,446

62,170

60,604

55,761

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (gains) losses on sales of loans and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Net change in:
Net change in loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Accrued interest receivable

-781

347

-93

740

1,118

378

970

599

843

331

283

151

-164

-110

-311

-366

-205

-101

-219

-111

-286

8

-161

-70

-52

-235

-129

-93

-10

-113

14

-51

-96

0

0

0

0

Accrued interest payable

434

398

1,489

1,223

1,543

817

221

66

50

31

52

0

-16

-8

-45

-14

-5

-11

9

11

1

1

-13

-13

-4

-38

-35

-21

-19

9

45

-65

-101

-66

0

0

0

Other assets

-239

2,106

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

4,659

7,351

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets and liabilities

-

-

-

-

-

-

-

-

5,787

2,682

134

-45

-2,343

-3,918

-5,544

-5,811

-1,070

1,200

477

4,642

3,008

2,580

3,007

-153

-680

-869

-759

-859

-1,273

-1,720

-29

-137

606

1,000

0

0

0

Net cash provided by operating activities

31,273

29,866

27,840

34,621

25,876

20,824

14,470

-260

1,261

1,240

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,357

11,363

5,828

2,341

3,808

-715

1,216

1,688

1,715

4,855

4,234

4,421

0

0

0

-

-

-

-

-

-

-

-

Cash flows from investing activities:
Proceeds from sales of securities available-for-sale

18,615

16,515

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities and calls of securities available-for-sale

13,805

15,555

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from paydowns of securities available-for-sale

14,901

14,258

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26,082

31,197

34,902

0

0

0

-

-

-

-

-

-

-

-

Purchases of securities available-for-sale

19,924

17,601

36,419

55,963

61,963

72,149

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of other investments

1,022

1,414

1,627

4,081

3,574

4,053

0

0

0

-

1,629

1,629

1,176

1,176

0

0

38

38

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39,846

62,547

44,078

43,761

0

0

0

Securities held to maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

9

10

15

17

21

24

24

25

29

27

0

0

0

Purchase of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,475

12,533

9,703

29,354

52,397

57,168

60,147

46,653

33,522

27,934

38,582

29,683

19,160

0

0

0

Proceeds from security sales, maturities, and paydowns

-

-

-

-

-

-

-

-

-

-

-

-

52,994

-

55,828

39,341

29,779

27,334

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of securities

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in loans

108,926

117,216

120,901

107,827

128,594

117,642

117,662

104,614

122,889

66,724

47,220

64,653

63,730

82,804

83,593

67,792

54,797

50,003

42,710

73,114

53,977

49,657

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loan originations and principal collections, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

Loan originations and principal collections, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Purchases of premises and equipment

7,402

6,269

6,468

4,866

3,312

3,847

2,990

2,564

3,975

2,798

4,755

6,766

6,676

6,994

4,242

1,653

1,404

1,081

1,093

3,671

3,468

2,852

2,527

73

43

14

76

101

114

160

224

277

166

123

0

0

0

Proceeds from sale of other real estate owned

1,057

1,395

2,921

3,946

5,109

4,972

3,487

2,167

363

82

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of bank premises and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from sale of foreclosed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,529

33,586

2,381

1,376

257

-2,503

1,349

3,229

3,422

5,657

2,810

1,122

2,328

323

1,139

4,093

2,697

0

0

0

Net cash and cash equivalents received from business combination

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-42,749

-94,777

-69,612

-77,750

-91,325

-94,875

-99,965

-50,726

-108,048

-50,734

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-68,140

-18,051

-11,503

-7,937

15,015

-73,608

-57,268

-56,686

-53,176

2,314

-14,503

-27,093

0

0

0

-

-

-

-

-

-

-

-

Cash flows from financing activities:
Net increase in deposits

74,690

124,698

104,828

109,799

106,284

95,073

90,119

78,202

128,795

50,474

72,457

65,998

30,588

48,582

13,849

56,542

43,089

54,213

24,264

46,183

19,685

8,242

27,359

-7,787

4,821

-3,466

11,793

17,459

21,087

30,838

6,411

-13,181

-21,670

-21,405

0

0

0

Net decrease in securities sold under agreements to repurchase

-906

-5,572

-12,720

-10,717

-9,199

-12,600

-9,755

-4,311

-7,185

-2,567

2,339

-3,936

2,406

-1,446

-11,862

6,532

-1,482

687

13,110

-3,827

1,042

2,142

181

-993

-2,227

3,386

1,128

-392

-294

-9,803

-6,673

-3,712

-6,344

5,065

0

0

0

Proceeds from Federal Home Loan Bank advances and other borrowings

-89,479

-139,385

-237,215

-228,555

-236,597

-221,691

204,300

187,176

204,343

139,404

109,304

130,768

33,660

51,600

38,100

100

18,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of preferred stock

-

-

-

-

-

-

-

-

-

-

-12,000

-12,000

-12,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net payments on Federal Home Loan Bank advances and other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Net payments on Federal Home Loan Bank advances and other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Payment of dividends on preferred stock

-

-

-

-

-

-

-

-

-

195

195

465

735

752

782

542

302

120

120

-570

-225

120

465

1,500

1,500

1,433

0

0

0

-

-

-

-

-

-

-

-

Repayment of Federal Home Loan Bank advances and other borrowings

-206,313

-153,581

-227,395

-162,019

-201,246

-175,378

193,862

124,022

179,290

119,196

146,352

140,859

63,725

67,282

16,587

32,196

30,062

20,000

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends paid

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock

347

438

314

726

841

1,528

1,539

1,340

1,286

37,852

37,951

38,260

38,242

803

1,719

4,178

4,120

4,043

3,005

-156

-156

34

45

191

191

77

77

77

77

0

0

0

0

-

-

-

-

Purchase of common stock

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of dividends on preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Issuance of preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,858

4,815

6,420

6,815

7,135

0

0

0

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,437

34,614

33,363

38,824

19,609

44,509

20,796

22,299

27,121

-16,830

-3,715

-11,871

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by financing activities

187,571

133,060

82,602

72,430

101,733

76,846

131,499

138,385

147,949

93,772

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Net change in cash and cash equivalents

176,095

68,149

40,830

29,301

36,283

2,795

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCREASE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

44,278

25,511

11,098

-13,385

-11,216

-31,345

27,926

27,688

33,228

38,432

-29,814

-35,255

-32,698

-24,338

-9,660

-13,984

-34,543

-13,576

-8,178

1,016

20,512

1,897

6,974

-6,545

15,900

0

0

0

Supplemental disclosures of cash flow information:
Cash paid during the period for interest

23,622

24,177

22,497

20,768

17,401

14,749

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid during the period for interest

-

-

-

-

-

-

-

-

-

-

-

4,606

4,421

4,308

4,087

3,669

3,121

2,610

2,237

1,601

1,818

2,034

2,312

3,102

3,288

3,560

3,867

4,156

4,451

4,774

5,063

5,512

6,020

6,427

0

0

0

Cash paid during the period for income taxes

6,765

6,765

0

0

0

-

-

-

-

3,531

4,979

4,394

3,754

3,754

2,742

1,089

1,477

1,977

3,124

5,422

4,307

3,887

1,921

1,188

1,188

1,107

778

52

52

965

987

957

957

44

0

0

0

Noncash investing and financing activities:
Change in unrealized (gains) losses on securities available-for-sale

-

-

-

-

-

-

-2,238

-1,127

2,331

-2

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in unrealized losses on securities available for sale

-

-

-

-

-

-

-2,238

-1,127

2,331

-2

1,333

846

1,449

1,053

-1,906

-739

-1,652

79

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of real estate through foreclosure

1,260

639

1,706

2,492

4,359

4,440

3,154

2,900

684

588

585

175

1,471

1,431

590

2,142

846

864

2,350

-653

566

644

67

1,383

614

1,672

2,735

4,014

7,715

8,530

-736

-2,044

-4,132

1,672

0

0

0

Financed sales of other real estate owned

-

-

-

-

-

1,601

257

257

257

0

28

2,194

3,315

3,315

3,179

2,018

898

898

1,005

-433

-93

0

0

3,043

3,897

3,939

0

0

0

-

-

-

-

-

-

-

-

Change in goodwill due to acquisitions

0

-

-

0

0

-

-

54,446

38,718

38,707

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Initial recognition of operating lease right-of-use assets

3,959

6,081

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Initial recognition of operating lease liabilities

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-