1st Source Corp SRCE Cash Flow

1st source corp (SRCE)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	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 activities:
Net income
16,418	21,954	24,448	23,417	22,196	21,446	19,888	21,964	19,116	17,994	17,182	16,669	16,206	15,225	14,264	14,479	13,818	14,417	13,928	15,630	13,511	14,996	14,947	14,494	13,632	13,716	14,896	13,942	12,404	12,346	13,005	12,567	11,715	11,182	11,540	14,865	10,608
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan and lease losses
11,353	2,951	3,717	4,247	4,918	4,702	6,157	4,817	3,786	3,622	1,620	2,738	1,000	742	2,067	2,049	975	0	992	811	357	-820	1,206	2,543	804	-859	-419	1,293	757	793	650	2,055	2,254	-396	1,260	67	2,198
Depreciation of premises and equipment
1,435	1,378	1,455	1,491	1,466	1,488	1,484	1,327	1,321	1,351	1,551	1,378	1,380	1,348	1,301	1,313	1,283	1,263	1,215	1,154	1,148	1,246	1,132	1,181	1,189	1,212	1,184	1,183	1,148	1,090	1,057	1,062	1,032	1,035	918	907	873
Depreciation of equipment owned and leased to others
-	-	-	-	-	-	6,580	6,684	6,428	-	6,565	6,296	5,680	5,563	5,570	5,444	5,101	4,938	4,858	4,396	4,088	3,783	3,571	3,290	3,249	3,310	3,246	3,274	3,225	3,293	3,795	3,803	4,311	4,400	4,650	4,795	4,805
Stock-based compensation
736	696	728	668	673	814	889	970	880	805	745	719	694	848	637	615	784	890	874	840	1,239	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of investment securities premiums and accretion of discounts, net
-717	-1,157	-1,120	-913	-824	-614	-896	-1,203	-764	-1,243	-1,804	-1,286	-1,116	-1,267	-2,041	-1,296	-1,257	-1,219	-836	-1,486	-1,111	-940	-1,318	-1,049	-1,044	-754	-816	-987	-942	-1,074	-1,141	-987	-1,012	-650	-645	-480	-485
Amortization of mortgage servicing rights
409	433	352	294	233	225	260	235	236	271	270	288	263	345	417	384	332	307	339	385	393	348	334	310	286	306	328	457	480	654	739	836	692	782	667	724	734
Amortization of right of use assets
704	-	-	-	785	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage servicing asset recoveries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-468	377	87	-234	8	214	11	5
Deferred income taxes
-2,941	-1,144	-2,909	-2,121	444	765	2,180	4,036	-7,531	6,997	-3,008	-718	-504	2,774	824	-1,353	611	5,534	-1,755	-2,020	-139	5,970	1,706	-2,430	-905	1,318	-1,245	-2,453	433	-2,824	-821	-2,916	-1,080	619	3,770	-458	-297
Gains on investment securities available-for-sale
280	0	0	0	0	0	0	0	-345	1,583	1,007	465	1,285	1,006	989	-209	10	0	0	4	0	0	0	0	963	-140	-28	0	0	-210	89	8	395	-287	414	1,142	130
Originations of loans held for sale, net of principal collected
33,104	44,194	48,398	32,539	19,966	22,636	21,779	17,003	17,032	25,717	30,915	31,546	12,926	30,973	37,331	27,823	23,007	22,648	24,069	31,795	34,517	29,504	34,433	35,033	22,470	17,185	25,237	32,888	26,885	44,699	68,629	61,176	35,772	40,319	26,692	15,620	25,343
Proceeds from the sales of loans held for sale
41,699	53,650	39,790	23,076	22,534	22,881	19,293	17,993	21,960	24,239	37,152	24,549	20,871	35,923	34,323	24,649	21,502	22,736	30,259	40,796	26,347	29,929	41,364	27,781	18,373	18,995	29,100	33,987	28,308	58,968	65,810	62,917	31,574	42,028	22,114	13,698	52,560
Net gain on sale of loans held for sale
1,767	1,079	868	505	488	386	428	599	431	645	1,033	798	505	813	1,054	751	669	726	595	963	1,046	959	967	821	785	732	171	1,314	1,178	2,295	2,197	1,464	1,272	1,134	837	415	85
Net gain on sale of other real estate and repossessions
23	14	3	303	167	476	28	51	6	299	27	19	-94	74	19	-5	140	-4	46	208	564	114	0	750	760	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on sale of premises and equipment
0	-38	0	1	1,288	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in trading account securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-211	3	3	9	-2	6	0	15	11	4	16	1	7	-6	12	13	-24	-3	8
Change in interest receivable
702	-1,472	-517	-462	2,696	-1,579	1,240	280	1,806	-744	2,639	-27	251	122	1,031	-491	664	-117	783	-341	224	-342	466	-235	714	-375	-697	-427	1,339	-1,562	322	-353	665	410	-84	-1,034	116
Change in interest payable
-199	-917	1,932	1,526	2,427	-800	1,335	1,342	1,120	-71	936	582	-225	-519	182	634	273	486	23	539	-250	38	-936	-119	100	-377	-2,547	185	856	-472	-2,231	302	1,400	-2,938	-2,038	557	1,905
Change in other assets
826	-26,709	6,083	10,528	-1,115	-1,643	4,740	8,776	-4,825	-3,683	2,478	-744	1,398	-5,041	-1,231	2,897	1,230	3,428	5,789	-820	-167	6,840	2,802	-606	812	5,239	-2,146	-10,074	-865	-4,578	-3,099	-4,583	-3,311	-14,699	7,096	-1,646	-6,701
Change in other liabilities
-6,237	8,844	5,015	4,368	-4,735	28,663	-8,360	1,258	323	2,919	12,426	1,129	2,890	-4,172	-3,357	2,148	6,029	2,942	6,100	-6,883	5,851	-1,263	3,287	-5,410	905	-134	4,159	-7,067	-728	850	4,946	-2,946	-1,596	6,605	403	1,349	-2,083
Other
-486	-386	-242	-508	-598	-450	-213	-288	11	829	-1,804	-518	-1,177	-817	-490	340	517	-1,968	-510	-460	-230	-445	-390	-627	-1,271	-410	-198	-18	-112	102	-404	-240	-346	103	-281	-924	-1,696
Net change in operating activities
33,305	81,368	27,253	20,588	35,397	67,409	22,600	35,399	34,287	41,096	40,948	23,377	34,277	32,214	19,566	20,552	25,728	30,019	27,108	25,782	17,699	19,067	30,457	9,383	13,444	18,393	27,168	22,101	19,384	34,557	20,727	21,288	16,621	36,982	9,493	23,425	54,508
Investing activities:
Proceeds from sales of investment securities available-for-sale
5,578	0	0	0	0	-345	-2	0	11,739	225,788	1,161	762	1,004	18,645	1,183	3,445	511	0	0	1,299	0	0	0	0	1,236	1,860	47,028	0	0	20,265	500	0	40,236	0	6,436	59,816	66,989
Proceeds from maturities and paydowns of investment securities available-for-sale
121,353	189,038	68,574	30,843	28,840	29,647	31,487	36,768	47,265	43,925	40,443	50,481	42,617	59,435	49,963	63,799	44,416	58,616	30,719	27,507	19,807	52,007	31,775	42,290	64,251	23,169	39,870	47,563	65,273	91,805	43,883	59,934	99,619	83,754	161,573	40,087	67,756
Purchases of investment securities available-for-sale
127,517	197,879	77,173	43,065	33,072	41,289	40,500	66,191	107,225	287,633	87,635	63,919	30,198	114,018	68,449	78,604	52,003	72,014	27,413	24,886	23,458	29,141	34,248	16,040	69,412	28,240	91,748	33,674	47,367	129,244	57,063	9,452	160,052	117,559	110,176	50,119	110,522
Net change in partnership investments
12,904	-	-	-	3,171	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from liquidation of partnership investment
-	-	-	-	-	-	0	0	1,868	-	3	75	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in other investments
-	-	-	-	-	245	0	894	1,312	0	1,715	1,780	0	-	-	-	-	245	985	182	-240	-2,216	-580	1,197	0	-	-	-	-	-	-	-	-	1	0	-1,530	-840
Loans sold or participated to others
2,863	3,229	33,400	13,878	2,862	8,525	0	0	14,310	18,955	6,470	6,313	266	5,926	0	0	0	0	0	589	1,373	1,526	7,558	7,116	689	0	5,235	11,710	8,109	5,951	7,474	9,182	6,312	5,215	4,029	7,000	4,010
Proceeds from principal payments on direct finance leases
9,682	-	-	-	15,238	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in loans and leases
59,609	6,305	80,873	184,000	121,297	27,847	50,312	149,476	178,326	187,773	63,715	158,781	47,385	17,787	32,663	121,552	37,666	39,830	104,507	152,398	19,203	37,817	-58,790	152,760	33,676	83,574	-16,061	133,179	54,653	67,178	6,273	134,668	65,320	30,268	-28,775	74,657	-11,983
Net change in equipment owned under operating leases
-5,019	-1,480	-1,134	1,431	3,678	3,504	1,048	5,579	10,976	280	8,031	23,482	14,210	6,473	4,141	14,344	5,142	19,524	6,768	15,631	12,585	11,913	6,234	8,172	750	3,117	11,550	2,673	4,509	-3,030	4,027	3,226	-6,399	-1,145	2,644	593	7,971
Purchases of premises and equipment
1,659	1,942	1,565	1,705	2,821	120	1,606	-234	1,566	2,643	1,784	993	24	3,403	1,541	1,693	2,298	4,886	1,678	2,414	520	4,235	2,667	1,166	421	2,468	679	1,600	1,761	2,957	3,439	1,921	1,161	830	4,998	2,542	3,047
Proceeds from disposal of premises and equipment
12	-9	0	1	3,426	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of other real estate and repossessions
764	1,333	3,558	1,920	4,044	8,742	2,791	1,475	425	3,433	719	312	1,730	666	809	141	573	153	252	882	5,654	896	127	4,390	5,005	-	-	-	-	-	-	-	-	-	-	-	-
Net Cash Provided by (Used in) Investing Activities
-56,418	-32,540	3,878	-195,626	-109,629	-37,398	-13,166	-183,589	-223,798	-133,347	-114,084	-191,012	-46,200	-57,009	-53,893	-147,336	-51,609	-77,307	-110,380	-165,234	-28,692	-25,891	55,681	-125,539	-33,078	-89,054	4,217	-111,653	-34,908	-78,573	-21,375	-81,111	-73,967	-58,544	82,995	-19,478	30,038
Financing activities:
Net change in demand deposits and savings accounts
-57,476	36,754	-42,108	155,131	-95,505	74,275	-21,305	200,656	-81,827	145,317	5,879	107,006	-52,553	66,749	94,011	99,415	18,491	32,771	36,471	66,492	37,774	49,761	-18,479	77,015	-6,167	86,776	18,450	94,535	-33,078	103,909	26,314	110,315	-17,501	169,169	-21,186	-74,334	-33,730
Net change in time deposits
-23,939	-71,107	29,942	124,623	97,274	-13,930	-25,157	126,458	110,422	33,701	85,797	38,054	55,769	-110,027	-42,057	521	67,471	87,259	20,100	25,633	29,826	-82,873	38,716	30,297	60,940	-112,542	-39,833	-74,302	89,297	-48,230	-43,663	-29,972	3,034	-96,613	-54,545	-11,357	19,992
Net change in short-term borrowings
136,952	-51,258	11,142	-69,379	56,044	-91,363	13,613	-78,870	141,369	-102,170	10,182	26,838	-12,198	75,936	10,031	24,062	-51,315	-50,281	21,323	62,041	-45,676	29,100	-133,280	52,355	-16,484	92,689	19,538	87,027	-54,311	32,553	2,707	-9,843	18,537	-15,704	10,815	-2,030	-23,836
Proceeds from issuance of long-term debt
10,000	-	-	-	0	-	-	-	0	0	0	9,999	10,000	10,000	5	832	10,000	0	0	0	0	-24	1,394	144	5,647	551	-6,084	7,123	4,912	-	-	-	-	717	156	10,137	417
Payments on long-term debt
1,917	196	447	334	1,718	176	451	472	636	613	225	25,389	401	501	225	5,316	387	326	181	284	459	227	5,172	165	6,096	806	-5,983	17,107	9,189	5,313	92	69	199	745	72	142	114
Stock issued under stock purchase plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-1,040	1,237	-3,482	231	170	3,249	192	99	269	3,375	100	35	152	2,666
Acquisition of treasury stock
0	0	1,406	6,421	7,258	8,454	31	1	785	0	0	0	41	0	25	0	8,005	1,762	3,530	1,714	2,964	0	545	14,396	1,401	5	1,649	53	566	1,084	0	0	2,617	99	3	1,976	163
Repurchase of common stock warrant
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,750
Cash dividends paid on common stock
7,614	7,612	7,098	7,137	7,174	6,668	6,687	6,418	5,913	5,375	5,107	5,108	4,841	4,886	4,830	4,832	4,868	4,841	4,420	4,431	4,434	4,434	4,439	4,503	4,267	4,234	4,276	4,277	4,267	4,259	4,256	4,005	4,002	3,986	3,987	3,980	3,968
Net change in financing activities
62,047	-92,948	-134	203,845	42,834	-44,808	-40,018	241,498	162,630	70,860	96,526	151,553	-4,265	37,275	56,910	114,798	31,387	62,820	69,763	147,886	14,067	-8,697	-121,805	139,707	33,409	58,947	-7,640	93,116	-3,953	56,136	-17,618	92,295	627	52,839	-68,787	-83,530	-42,486
Net change in cash and cash equivalents
38,934	-44,120	30,997	28,807	-31,398	-14,797	-30,584	93,308	-26,881	-21,391	23,390	-16,082	-16,188	12,480	22,583	-11,986	5,506	15,532	-13,509	8,434	3,074	-15,521	-35,667	23,551	13,775	-11,714	23,745	3,564	-19,477	12,120	-18,266	32,472	-56,719	31,277	23,701	-79,583	42,060
Supplemental Information:
Non-cash transactions:
Loans transferred to other real estate and repossessed assets
1,268	4,067	779	1,022	8,939	2,449	7,690	609	259	479	1,679	5,074	903	2,111	1,381	877	592	1,184	1,692	921	4,945	626	184	900	5,444	2,225	3,207	1,688	822	1,106	528	633	1,158	3,640	5,272	2,790	3,931
Common stock matching contribution to Employee Stock Ownership and Profit Sharing Plan
622	0	0	0	300	0	0	0	583	0	0	0	1,426	0	0	0	800	0	0	0	500	0	0	0	0	0	0	0	2,801	0	0	0	2,643	0	0	0	2,420
Right of use assets obtained in exchange for lease obligations
31	1,058	14,623	325	1,058	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Leased equipment
Depreciation of equipment owned and leased to others
5,427	-	-	-	6,524	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-