| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||
Net income | ||||||||
7,083 | 10,109 | 8,258 | 6,080 | 4,773 | 5,863 | 4,913 | 13,013 | 5,501 |
Adjustments to reconcile net income to net cash from operating activities: | ||||||||
Provision for loan losses | ||||||||
6,234 | 896 | 420 | 875 | 608 | 1,168 | 3,415 | 1,540 | 778 |
Depreciation and amortization | ||||||||
1,606 | 1,492 | 1,259 | 1,222 | 1,252 | 1,276 | 1,298 | 1,283 | 1,328 |
Accretion and amortization | ||||||||
-379 | -349 | -199 | -12 | 308 | 202 | -279 | -591 | -637 |
The amount of gain (loss) classified as other. | ||||||||
2,383 | -162 | -27 | 146 | 3 | 640 | 41 | 12 | 95 |
Net gain on sales of loans | ||||||||
8,540 | 6,000 | 6,626 | 6,235 | 4,660 | 4,321 | 5,172 | 5,899 | 4,311 |
Proceeds from sales of loans held for sale | ||||||||
210,963 | 193,280 | 186,247 | 131,586 | 142,435 | 123,649 | 156,556 | 159,505 | 115,615 |
Loans originated for sale | ||||||||
216,024 | 186,179 | 190,825 | 142,836 | 120,840 | 140,165 | 137,607 | 158,121 | 108,797 |
Earnings on bank-owned life insurance | ||||||||
359 | 356 | 315 | 295 | 327 | 283 | 333 | 333 | 333 |
Stock based compensation | ||||||||
310 | 446 | 265 | 142 | 0 | - | - | - | - |
Net change in: | ||||||||
The increase (decrease) during the reporting period in the amount due from borrowers for interest payments and other assets. | ||||||||
2,986 | -1,054 | 3,435 | 1,326 | -1,371 | -1,430 | 3,277 | 10,310 | -3,970 |
Accrued expenses and other liabilities | ||||||||
8,032 | -7,239 | 5,337 | 3,251 | 5,028 | -6,340 | 4,467 | 3,829 | 1,323 |
Net cash from operating activities | ||||||||
4,315 | 8,014 | 811 | -7,670 | 29,329 | -18,280 | 24,498 | 5,086 | 15,616 |
Cash flows from investing activities: | ||||||||
Proceeds from (Payments to) Sale and Maturity of Debt Securities, Available-for-sale [Abstract] | ||||||||
Purchases | ||||||||
112,358 | 324,009 | 153,790 | 6,041 | 5,192 | 74,125 | 264,302 | 200,664 | 0 |
Sales | ||||||||
94,514 | - | - | - | 0 | - | - | - | - |
Maturities, prepayments, and calls | ||||||||
11,513 | 29,841 | 15,936 | 85,926 | 7,552 | 138,225 | 16,512 | 202,873 | 7,299 |
Maturities, prepayments, and calls of held to maturity securities | ||||||||
- | - | - | - | - | 0 | 0 | 0 | 14,675 |
Loan originations and principal collections, net | ||||||||
-31,937 | -13,358 | 27,726 | 21,261 | -41,201 | -15,471 | 58,884 | 96,243 | -12,924 |
Purchases of premises and equipment, net | ||||||||
1,156 | 730 | 861 | 1,374 | 1,032 | 519 | 894 | 975 | 746 |
Proceeds from sales of premises and equipment | ||||||||
83 | 0 | 134 | 71 | 3 | 52 | 39 | 15 | 20 |
Proceeds from sales of foreclosed assets | ||||||||
513 | 2,227 | 364 | 839 | 405 | -3,565 | 4,540 | 813 | 1,035 |
Net cash from investing activities | ||||||||
25,046 | -145,847 | -168,743 | 58,160 | 42,937 | 76,160 | -201,278 | -94,181 | 35,207 |
Cash flows from financing activities: | ||||||||
Net change in deposits | ||||||||
-31,008 | 24,707 | 4,116 | -23,071 | 27,475 | 16,100 | 77,723 | 24,310 | 5,240 |
Net change in short-term borrowings | ||||||||
-19,765 | 27,310 | 1,045 | -10,105 | 1,210 | 5,655 | -14,300 | 5,730 | 5,070 |
Payments to tax authorities for stock-based compensation | ||||||||
84 | - | - | - | 0 | - | - | - | - |
Payments made on notes payable and other borrowings | ||||||||
0 | 0 | 0 | 0 | 7,530 | 0 | 0 | 0 | 0 |
Cash dividends on common stock | ||||||||
541 | 540 | 539 | 0 | 0 | 12,501 | 0 | 15,329 | 2,215 |
Net cash from financing activities | ||||||||
-51,398 | 51,287 | 4,461 | 18,216 | 21,155 | 22,369 | 63,423 | 14,711 | 8,095 |
Net change in cash and cash equivalents | ||||||||
-22,037 | -86,546 | -163,471 | 68,706 | 93,421 | 80,249 | -113,357 | -74,384 | 58,918 |
Supplemental disclosures of cash flow information: | ||||||||
Interest paid on deposits and borrowed funds | ||||||||
5,771 | 6,243 | 7,016 | 7,726 | 7,140 | 10,250 | 4,461 | 3,870 | 3,443 |
Income taxes paid | ||||||||
0 | 2,110 | 1,511 | 2,853 | 0 | 2,729 | 0 | 0 | 0 |
Supplemental schedule of noncash investing and financing activities: | ||||||||
Loans transferred to foreclosed assets | ||||||||
574 | 931 | 355 | 706 | 460 | 322 | 625 | 4,722 | 804 |
Business combination measurement period adjustment | ||||||||
1,211 | - | - | - | 0 | - | - | - | - |