STEWARDSHIP FINANCIAL CORP SSFN Cash Flow

Stewardship financial corp (SSFN)

CashFlow / Quarterly

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
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent
1,453	1,647	1,759	2,162	2,301	1,808	48	1,640	1,268	991	1,348	1,035	1,362	991	1,061	1,000	1,222	917	1,301	552	726	506	665	522	461	822	-260	328	-324	776	-962	578	585	483
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation and amortization of premises and equipment
147	139	130	118	116	111	104	105	94	96	98	97	90	95	102	104	105	81	100	99	103	118	103	108	106	111	124	132	134	142	145	149	147	153
Amortization of premiums and accretion of discounts, net
-107	-105	-103	-118	-112	-132	-130	-145	-129	-129	-170	-185	-135	-150	-156	-176	-158	-180	-218	-247	-244	-234	-268	-331	-348	-352	-425	-412	-388	-403	-395	-340	-970	333
Compensation expense on restricted stock, net of forfeitures
-17	57	-	-	-50	47	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of restricted stock
-	-	-	-	-	-	-	41	47	-71	47	47	46	-18	12	43	43	-6	21	20	21	7	-	-	-	0	-	-	-	-	-	-	-	-
Amortization of subordinated debenture issuance costs
17	16	16	16	17	16	16	17	16	16	17	16	16	17	15	6	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of deferred loan fees
-6	-41	-32	-48	-41	-26	-35	-41	-43	-26	-43	-41	-26	-8	-36	-24	-32	-10	-5	-41	0	4	12	-34	-14	-8	-18	-6	-13	-12	-15	11	32	-12
Fair value adjustment for equity security
24	22	217	-34	-29	-74	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value adjustment for equity security
24	22	217	-34	-29	-74	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for loan losses
330	65	-	-490	-780	-335	-	20	260	300	-	-250	-450	-350	-275	-400	-600	-100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	250	0	0	425	900	850	1,600	3,330	2,000	2,900	1,765	4,925	2,330	1,915	1,675
Originations of mortgage loans held-for-sale
2,158	985	1,650	245	1,924	847	2,045	4,014	1,411	2,846	7,192	2,290	1,767	1,058	1,727	3,384	4,325	1,328	1,262	2,209	262	875	2,643	9,558	16,542	11,072	11,532	10,575	12,615	26,709	30,261	19,818	11,423	24,113
Proceeds from sale of mortgage loans
1,712	1,010	1,677	864	1,326	1,239	2,418	3,840	1,191	3,448	6,813	2,604	1,988	1,815	1,799	3,282	3,762	540	1,652	2,136	191	701	3,592	10,852	16,887	9,917	11,846	13,133	10,830	30,436	27,076	18,911	12,436	33,508
Proceeds from sale of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,559	-	-	-	0	-	-	-	-	-	-	-	-
Gain (Loss) on Sale of Mortgage Loans
23	25	27	12	9	22	55	68	38	17	94	33	19	18	24	52	55	10	26	32	2	12	39	150	298	162	160	162	154	411	374	245	186	404
Gains (Losses) On Sale Of Small Business Administration Loans
71	41	64	70	59	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt and Equity Securities, Gain (Loss)
1	2	-192	0	0	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-241	-	-	-	0	-	-	-	-	-	-	-	-
Gain on calls and sales of securities
-	-	-	-	-	-	-	-	0	0	1	6	32	24	17	0	0	152	165	0	0	0	151	0	0	2	1,004	891	12	433	686	454	21	0
Gain on sale of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	30	0	0	53	9	0	54	0	44	156	0	126	-3	-37	370	99	10	0	0	0
Deferred income tax expense (benefit)
-733	-766	-2,502	2,326	39	134	1,714	-117	12	-190	514	-40	20	228	186	121	1,083	-873	780	-185	79	-48	469	-36	312	-375	542	-285	500	-642	-174	-488	-588	-600
Excess tax benefit from restricted stock vesting
-	-	-	-	-	-	0	0	0	-48	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in accrued interest receivable
-78	22	47	182	29	-128	134	105	125	69	135	86	-105	50	106	-45	39	-127	142	-167	110	-157	8	-243	82	-153	168	-285	-19	-110	-42	-143	-138	135
Decrease in accrued interest payable
-463	263	380	-385	446	-451	431	-280	-134	305	321	-309	288	-297	304	121	60	-2	34	-58	12	-81	28	-72	-5	-110	13	-97	-29	-102	30	-153	59	-138
Bank Owned Life Insurance Income
138	135	138	138	138	138	141	141	129	115	119	120	107	101	103	103	101	96	103	100	106	96	100	98	77	76	81	83	81	80	81	83	81	80
Gain on life insurance proceeds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	537	0	0	0	0	-	-	-	-
Stock option expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-3	9	13
(Increase) decrease in other assets
-745	-984	-2,669	2,348	303	173	-510	-109	-82	15	-7	340	-45	-294	323	83	105	-906	607	-188	-230	-489	373	8	-1,906	-522	-1,385	750	654	-969	1,246	346	-2,322	1,172
Decrease in other liabilities
-266	47	78	567	-762	452	-45	979	146	-261	405	136	89	-206	26	-119	-1,071	-982	23	1,939	142	-296	193	245	192	74	-1,846	867	-145	-746	1,299	130	-176	13
Net cash provided by operating activities
701	2,376	2,535	2,433	373	2,195	3,106	2,211	1,438	1,775	1,912	687	1,829	1,476	-	-	-	-	-	3,055	1,214	3,600	5,834	3,157	4,072	1,099	1,944	5,048	400	5,391	133	980	2,818	12,138
Net cash provided by (used in) operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	169	-841	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from investing activities:
Purchase of securities available-for-sale
0	0	961	2,008	10,175	4,016	1,534	3,539	23,604	524	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of securities available-for-sale
-	-	-	-	-	-	-	-	-	-	4,545	18,395	12,879	8,409	13,319	28	30	27	-1,516	1,576	31	6,228	3,698	9,405	22,125	13,311	48,251	46,056	17,596	22,929	40,811	34,901	5,276	16,030
Proceeds from maturities and principal repayments on securities available-for-sale
3,595	3,381	3,290	4,095	3,468	4,359	3,531	3,663	3,193	3,709	4,090	4,312	3,266	3,039	3,007	3,193	3,095	3,163	4,161	4,725	4,929	4,432	4,888	6,583	7,154	9,143	7,418	7,763	6,293	6,490	6,786	4,760	4,501	5,101
Proceeds from sales and calls on securities available-for-sale
4,000	4,170	1	0	0	1,006	0	500	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales and calls on securities available-for-sale
-	-	-	-	-	-	-	-	-	-	3,001	8,802	9,000	2,050	3,000	1,000	0	27,845	10,155	1,000	0	0	12,123	200	4,000	2,500	38,926	37,414	14,000	11,960	24,822	15,391	5,032	1,000
Purchase of securities held-to-maturity
2,500	1,468	1,000	4,999	8,336	1,493	998	3,500	1,000	2,675	3,045	7,505	15,399	9,499	4,482	5,280	6,033	7,149	4,141	2,541	6,258	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities and principal repayments on securities held-to-maturity
1,305	1,069	903	1,226	1,744	1,741	1,659	1,852	1,315	1,839	4,623	3,857	1,948	1,516	1,747	2,476	1,492	3,429	1,741	4,095	729	1,259	175	1,016	405	895	883	1,076	833	1,355	988	1,099	983	1,868
Proceeds from calls on securities held-to-maturity
500	1,105	0	0	0	280	200	400	380	340	235	15,150	10,230	6,340	2,250	900	2,000	3,100	0	0	0	0	-	-	-	250	1,313	0	2,500	605	555	340	0	1,000
Purchase of equity securities
0	0	-1	0	18	24	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of FHLB-NY stock
2,730	2,902	3,509	1,959	447	756	1,011	749	4,856	5,034	2,180	-866	866	0	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of FHLB-NY stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	751	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of FHLB-NY stock
-2,561	-2,945	-	-1,494	-399	-1,432	-	-1,999	-3,471	-4,765	-	641	-824	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of FHLB-NY stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53	212	13	0	-130	136
Net increase in loans
9,617	13,364	4,274	7,265	13,237	-3,594	19,754	-184	37,269	50,570	52,101	14,412	9,393	1,662	8,450	11,697	16,626	12,691	34,682	10,676	9,629	-9,118	2,137	-1,620	2,330	2,012	7,749	-4,002	-4,214	-1,639	6,595	-6,796	9,688	7,966
Proceeds from sale of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	309	0	108	1,041	1,014	0	594	0	44	748	0	461	1,861	869	2,308	2,254	0	0	366	0
Life insurance proceeds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,055	0	0	0	0	-	-	-	-
Additions to premises and equipment
31	394	217	86	70	200	308	110	188	136	21	62	42	22	18	12	27	557	149	137	642	330	276	136	65	45	10	18	26	22	77	109	36	78
Net cash used in investing activities
-2,917	-5,458	-633	-9,502	-26,672	5,923	-17,000	700	-62,144	-48,286	-48,141	-8,028	-15,127	-6,647	-	-	-	-	-	-5,563	-10,604	8,251	11,799	-2,134	-12,881	-1,064	-5,609	5,050	12,579	1,564	-14,319	-6,624	-4,248	-14,969
Net cash provided by (used in) investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15,828	18,905	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from financing activities:
Net increase in noninterest-bearing deposits
6,615	1,639	-15,586	1,960	9,771	5,711	1,252	-6,069	7,112	1,260	-2,766	11,611	6,260	6,373	-3,250	-2,468	12,140	4,685	-3,624	-3,366	6,024	4,122	-6,353	-5,470	12,428	8,674	-774	1,043	5,420	2,821	-2,341	3,599	964	13,831
Net increase (decrease) in interest-bearing deposits
-8,286	-114	11,111	-7,455	10,074	2,406	21,886	26,137	13,077	40,514	15,612	8,004	7,783	1,300	22,135	2,337	7,537	5,161	3,089	-6,003	-15,060	-6,297	6,788	-10,073	-15,267	-3,390	7,602	-11,112	-14,008	5,710	8,029	-4,153	-4,055	2,075
Net increase in long term borrowings
20,000	5,000	10,000	0	15,000	-15,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of long term borrowings
-	-	-	-	-	-	5,000	5,000	0	5,000	0	10,000	0	0	0	-21,700	5,000	16,700	-	-	-	-	-	-	-	-	-	-	-	-	0	15,000	0	3,000
Net decrease in securities sold under agreements to repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-100	-7,501	0	301	-744	700	0	1	692	-7,691	0	0	-849	-600	1,148	1
Net increase (decrease) in short-term borrowings
3,500	-6,800	-1,100	10,100	3,700	0	0	-20,000	3,560	11,000	11,200	0	0	0	-	-	-	-	9,900	10,800	6,000	0	-	-	-	-	-3,000	0	0	-4,700	4,700	0	0	0
Payment of discount on dividend reinvestment plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-1	-1	0	0	-1	-1	-2	-3	-2	-2	-3	-5	-5
Proceeds from issuance of common stock, net of costs
-	-	-	-	-	-	-	-	-	-	0	0	-25	25	65	26	22	29	24	28	111	25	12	27	13	34	22	58	45	69	54	103	0	25
Cash dividends paid on common stock
262	260	260	260	260	260	259	259	259	184	184	183	183	122	122	122	121	121	121	60	60	59	60	59	60	59	120	235	236	295	293	293	292	293
Cash dividends paid on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	114	171	171	171	170	171	171	170	170	127	166	127	112	38	75	36	97	125	125
Payment of discount on dividend reinvestment plan
1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	0	1	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes paid related to net share settlement of restricted stock
-	83	-	-	-	104	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock for cash
20	35	22	35	22	38	73	36	23	35	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from restricted stock vesting
-	-	-	-	-	-	-	-	-	-	0	0	0	5	0	0	0	3	0	0	-25	25	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
1,669	-584	4,082	4,379	17,650	-7,210	17,951	-5,157	67,372	47,624	36,884	14,465	13,880	7,580	-	-	-	-	-	-1,272	-3,181	-2,055	-15,628	55	-3,013	5,093	7,294	-18,051	-11,820	3,528	4,148	3,514	-2,365	12,509
Net decrease in cash and cash equivalents
-547	-3,666	-	-	-8,649	908	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,406	-7,115	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	4,057	-2,246	6,666	1,113	-9,345	7,124	582	2,409	-5,115	-3,757	-1,253	10,949	-764	-3,780	-12,571	9,796	2,005	1,078	-11,822	5,128	3,629	-7,953	1,159	10,483	-10,038	-2,130	-3,795	9,678
Supplemental disclosures of cash flow information:
Cash paid during the period for interest
3,071	2,154	1,867	2,398	1,415	2,166	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid during the period for interest
-	-	-	-	-	-	-	-	1,544	938	782	1,422	836	1,470	893	871	783	795	733	849	798	920	883	1,012	963	1,114	1,081	1,356	1,386	1,567	1,563	1,885	1,753	1,964
Cash paid during the period for income taxes
498	14	914	1,679	1,335	0	360	765	605	592	103	740	707	39	565	712	994	30	175	125	58	0	-	-	-	-	-	-	-	-	-	-	-	-
Transfers from loans to other real estate owned
-	-	-	-	-	-	-	-	-	-	252	0	-1	153	403	477	0	0	173	903	0	1,364	0	0	196	153	63	1,876	882	0	-	-	-	-