S&T BANCORP INC STBA Cash Flow

S&t bancorp inc (STBA)

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
13,231	22,269	26,936	26,101	22,928	26,854	30,881	21,436	26,163	9,294	22,721	22,765	18,188	17,659	20,581	17,059	16,093	17,423	18,635	18,188	12,835	14,496	14,661	14,720	14,033	11,859	12,247	14,103	12,330	9,525	12,595	8,600	3,480	12,256	13,803	14,910	6,295
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses
20,050	-	-	-	5,684	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for credit losses
-	2,106	4,913	2,205	5,649	2,716	462	9,345	2,472	982	2,849	4,869	5,183	5,586	2,516	4,849	5,014	3,915	3,207	2,059	1,207	1,107	1,453	-1,134	289	1,562	3,419	1,023	2,307	4,215	2,304	7,024	9,272	2,337	1,535	1,097	10,640
Provision for unfunded loan commitments
0	133	95	173	35	-15	75	-43	-71	136	-212	124	-458	-25	-41	6	125	-429	82	407	198	-393	-444	239	-57	-203	-159	-451	753	-145	1,049	655	252	-459	-1,203	-77	265
Net depreciation, amortization and accretion
1,171	1,350	1,541	1,452	1,420	1,290	1,135	1,157	1,017	901	747	481	369	770	980	972	906	362	-394	-1,072	1,460	1,193	1,201	1,194	1,115	1,013	1,259	1,471	1,590	1,694	1,845	1,954	1,507	1,465	1,530	1,863	1,465
Net amortization of discounts and premiums on securities
-1,154	-773	-908	-786	-776	-793	-815	-776	-796	-938	-1,035	-1,000	-1,030	-1,013	-955	-946	-915	-918	-880	-889	-913	-880	-902	-932	-966	-1,069	-981	-915	-861	-689	-587	-547	-457	-347	-264	-262	-318
Stock-based compensation expense
443	621	840	376	604	660	452	267	512	655	510	841	1,002	682	583	548	731	478	389	529	240	381	199	260	135	179	254	137	117	230	205	370	108	324	253	202	181
Debt and Equity Securities, Gain (Loss)
-	-	-	-	-	-	-	-	-	-987	0	3,617	370	0	0	0	0	-	-	-	-	0	0	40	1	0	3	0	2	0	2,170	6	840	0	-81	-56	13
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,590	1,224	676	-2,042
Gain on the sale of mortgage loans, net
536	587	617	390	293	342	512	387	296	490	342	526	193	467	475	448	231	314	133	394	203	121	147	63	22	98	129	318	329	533	480	336	263	331	-6	181	369
Gain (Loss) on Disposition of Business
-	-	-	-	-	0	0	0	1,873	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,093	-	-	-	-	-	-	-	-
Net gain on sale of credit card portfolio
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,066	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension plan curtailment gain
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,017	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	143	0	-12	-35	0	0	-5	-25	-	-	-	-
Mortgage loans originated for sale
37,332	37,570	33,334	24,214	14,506	21,244	27,267	24,804	16,827	26,847	27,636	23,205	15,694	30,515	29,674	27,353	18,478	25,523	29,891	30,594	21,481	14,190	15,595	8,160	4,897	10,993	17,996	19,964	17,742	42,004	25,417	18,484	19,019	18,784	5,744	20,624	23,109
Proceeds from the sale of mortgage loans
35,358	41,728	33,715	19,175	14,464	23,422	27,373	24,672	18,326	27,387	28,563	21,466	16,575	31,200	30,454	27,541	19,014	27,586	29,864	20,231	21,777	14,467	14,419	7,553	5,922	10,392	19,873	20,006	37,661	23,225	24,985	20,208	18,468	20,223	12,897	12,150	29,510
Net change in:
Interest receivable
-26	3,056	-523	-728	1,963	129	986	856	-336	-1,172	3,220	604	62	-1,610	534	717	2,768	464	-262	254	2,288	329	361	-300	543	109	-1,201	446	776	-922	864	-278	-637	627	-795	-475	54
Interest payable
-242	-824	183	-793	-789	1,550	104	1,419	-720	901	202	681	-435	598	-9	251	875	444	-162	-101	-374	296	-237	98	-284	225	-989	-147	-1,094	-125	-800	-386	-65	-264	83	-422	160
Other assets
149,186	-29,245	20,564	7,540	3,466	-9,596	-1,205	4,973	-4,120	3,101	-4,251	-1,080	-3,404	-3,966	-3,602	2,186	714	24,612	-11,362	1,091	-2,945	3,121	-733	-6,368	-3,648	-4,138	-4,300	-15,378	-1,865	-8,138	-6,901	-722	-3,054	-997	3,496	-5,878	-753
Other liabilities
55,902	-10,241	18,759	10,378	5,600	-5,747	7,375	-1,307	3,836	4,972	1,844	-3,543	1,768	-8,199	-541	-3,140	7,267	-233	2,342	-2,872	2,061	3,492	-2,096	-862	2,061	1,626	-1,562	-952	-20,029	-1,480	15,350	5,039	-852	-4,590	5,648	1,853	-11,442
Net Cash (Used in) Provided by Operating Activities
-59,961	45,629	33,898	28,437	30,459	42,832	20,692	26,702	37,791	30,805	31,312	21,812	30,307	24,414	28,397	18,328	25,666	-1,055	36,419	5,930	19,290	19,645	14,688	21,405	22,365	18,159	22,696	30,767	14,454	5,389	36,090	26,190	16,221	15,550	27,676	18,118	12,558
INVESTING ACTIVITIES
Proceeds from sales of securities
-	-	-	-	-	-	-	-	-	58,050	0	7,169	582	0	0	0	0	-	-	-	-	-	-	-	-	0	0	0	94	0	3,571	4,762	58,242	0	0	0	70
Purchases of securities
30,292	92,850	27,685	1	9,437	13,529	24,587	26,916	27,565	87,140	33,095	0	36,604	60,080	7,851	20,263	25,168	20,247	-289	48,381	6,373	31,945	40,423	48,286	60,559	42,333	35,924	33,193	33,302	47,929	65,576	41,113	12,168	37,367	20,464	21,489	56,127
Proceeds from maturities, prepayments and calls of securities
33,869	23,506	28,646	20,067	20,193	18,400	25,946	23,383	22,104	22,355	23,345	18,314	16,942	22,061	17,326	17,695	17,028	13,462	10,584	19,707	6,389	10,430	10,319	14,745	21,598	16,567	26,937	9,814	13,426	8,482	28,928	30,983	19,211	20,249	20,589	17,415	13,065
Net (purchases of) proceeds from sales of Federal Home Loan Bank stock
5,277	2,577	-2,906	-2,533	9,477	-1,744	-4,603	6,013	499	3,851	296	478	-2,078	3,486	575	4,418	305	-2,680	3,201	4,358	-4,024	-3,860	3,177	3,855	-1,666	-1,420	1,091	773	-2,129	-	-	-	-	-	-	-	-
Net (increase) decrease in loans
122,507	35,572	167,478	90,931	4,760	142,846	26,430	10,240	27,717	-56,366	91,364	25,330	151,438	192,971	37,281	217,248	151,841	107,293	134,371	111,323	30,588	68,428	75,627	106,460	62,749	63,739	73,587	64,562	39,284	77,011	-10,717	6,167	-50,569	4,548	-41,467	-97,298	-50,965
Proceeds from sale of loans not originated for resale
0	0	55	0	465	0	3,773	1,862	2,060	3,173	0	924	2,657	775	6,006	2,427	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the redemption of Federal Home Loan Bank stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	911	-	-	-	-
Purchases of premises and equipment
1,429	1,099	1,495	802	1,757	1,584	1,784	495	309	1,048	628	2,273	745	816	1,384	892	468	1,396	1,272	1,616	849	1,859	1,501	1,262	457	234	1,199	748	652	400	217	643	919	243	508	1,167	613
Proceeds from the sale of premises and equipment
-	-	-	-	-	0	25	1	109	46	103	257	16	37	17	0	3	203	237	20	7	-2	34	0	64	18	49	434	142	0	114	21	7	119	27	5	253
Net cash acquired from bank acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	13,780	342	4,517	-	-	-	-
Proceeds from the divestiture of businesses
-	-	-	-	-	-	0	0	4,540	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	4,750	-	-	-	-	-	-	-	-
Proceeds from the sale of credit card portfolio
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	25,019	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash acquired from bank merger
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	16,347	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net Cash (Used in) Provided by Investing Activities
-125,636	20,282	-170,828	-83,711	23,701	-137,815	-18,454	-73,852	28,157	57,449	-101,935	-1,417	-166,512	-234,480	-23,742	-222,699	-135,732	-102,238	-124,930	-134,832	-43,737	-87,944	-109,075	-139,592	-100,437	-83,143	-84,815	-89,028	-52,697	-110,841	-6,976	-10,876	120,370	-20,831	50,715	94,243	7,613
FINANCING ACTIVITIES
Net increase in core deposits
28,684	28,764	147,878	75,817	170,744	103,839	80,955	32,169	14,793	56,417	64,723	-17,305	62,219	208,572	63,781	92,282	13,688	-64,136	-37,615	56,621	240,719	64,766	34,294	-15,986	157,874	-64,337	68,569	1,867	-28,866	88,565	-8,568	79,017	48,639	46,375	61,145	-8,735	6,991
Net decrease in certificates of deposit
-7,042	57,974	-21,870	-52,495	-11,241	102,600	-6,948	-25,698	-55,557	-33,916	-31,379	-8,372	100,799	-81,517	-38,536	9,263	128,885	63,608	55,998	-24,980	-43,417	-57,040	1,519	12,911	38,061	42,389	-23,057	8,034	28,808	-44,770	-20,654	-83,746	-68,141	18,027	-43,722	-43,150	-18,708
Net increase in securities sold under repurchase agreements
49,756	5,963	-229	-9,273	5,044	-26,817	476	107	-5,544	10,238	-6,566	-498	-3,845	9,884	-7,531	-11,546	-2,061	19,115	-3,264	-486	16,116	7,521	-2,185	-13,165	4,587	557	-40,861	9,794	1,775	13,321	-1,249	6,102	10,268	-12,039	1,297	2,843	-2,384
Net increase (decrease) in short-term borrowings
128,921	300,000	75,000	-410,000	235,000	75,000	-65,000	45,000	15,000	95,000	40,000	35,000	-50,000	95,000	15,000	195,000	-1,000	76,000	49,026	31,464	-159,150	25,000	80,000	85,000	-40,000	-35,000	50,000	75,000	-25,000	-	-	-	-	-	-	-	-
Proceeds from long-term borrowings
0	-	-	-	104	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of long-term borrowings
688	34,785	628	523	0	120	628	622	617	610	607	600	595	590	585	100,580	575	570	615	609	605	599	594	590	584	580	575	570	10,566	6,568	556	518	7,446	444	440	407	391
Repayment of junior subordinated debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	5,000	8,500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
563	-	-	-	876	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Treasury shares issued-net
-	-	-	-	-	-	0	0	657	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of treasury shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	85	465	497	471	483	460	532
Common stock issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	9	123	271	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,359	1,359
Cash dividends paid to common shareholders
11,051	9,562	9,239	9,242	9,317	9,424	8,724	8,722	7,669	7,670	6,972	6,967	6,960	6,960	6,613	6,610	6,601	6,601	6,278	6,251	5,357	5,345	5,048	5,052	4,758	4,758	4,461	4,458	4,460	4,460	4,341	4,336	4,220	4,216	4,213	4,208	4,193
Repurchase of common stock
12,559	0	3,100	2,835	12,287	12,256	0	0	0	-688	-1	495	194	-230	-1	116	0	-293	0	32	79	0	-3	1	-161	174	0	-86	0	1	-1	0	49	-	-	-	-
Tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	143	0	-12	-35	0	0	-5	-25	-	-	-	-
Net Cash Provided by (Used in) Financing Activities
175,458	-41,697	187,663	61,330	-92,829	117,822	-7,521	72,234	-70,251	-85,542	59,200	763	101,424	224,389	25,517	177,693	132,336	87,345	57,276	150,747	39,604	34,048	107,983	63,119	155,019	-61,588	49,615	44,569	-38,344	96,087	-85,282	1,290	-20,477	13,401	13,189	-50,390	-19,512
Net decrease in cash and cash equivalents
-10,139	24,214	50,733	6,056	-38,669	22,839	-5,283	25,084	-4,303	2,712	-11,423	21,158	-34,781	14,323	30,172	-26,678	22,270	-15,948	-31,235	21,845	15,157	-34,251	13,596	-55,068	76,947	-126,572	-12,504	-13,692	-76,587	-9,365	-56,168	16,604	116,114	8,120	91,580	61,971	659
Supplemental Disclosures
Leased right-of-use operating assets and lease liabilities added to the balance sheet
91	-	1,656	1,577	35,686	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
17,795	18,231	18,435	19,589	19,023	15,197	14,262	11,759	11,817	8,909	9,313	7,663	7,706	6,039	6,363	5,890	4,508	4,025	4,234	3,838	3,781	3,019	3,312	2,920	3,358	2,900	4,296	4,104	5,268	4,754	5,754	5,936	5,885	6,013	6,893	7,668	7,159
Income taxes paid, net of refunds
210	3,485	6,621	3,125	1,432	0	4,625	10,995	108	12,718	7,697	13,227	172	8,769	4,500	11,680	1,794	7,500	6,400	7,775	1,500	5,175	4,500	8,400	0	5,000	2,975	5,200	-45	-	-	-	-	5,200	3,800	6,100	0
Transfers of loans to other real estate owned
110	2,100	277	135	80	223	-2,194	242	2,599	122	709	1,010	397	458	350	182	49	215	491	137	0	156	156	88	186	745	313	54	126	1,051	395	205	264	1,530	818	3,447	2,677
Loans transferred to held for sale
-	-	-	-	-	-7,695	3,773	1,862	2,060	-43,151	25,401	17,750	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans transferred to portfolio from held for sale
-	-	-	-	-	-	-	-	-	-	-	-	250	-	-	1,540	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer retained assets from sale to investment in insurance company partnership
-	-	-	-	-	0	0	0	1,917	0	0	0	0	-	-	-	-	-	0	-586	44,019	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net assets from acquisitions, excluding cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	0	-4,500	-29	3,846	-	-	-	-