Standard avb financial corp. (STND)
CashFlow / Yearly
Dec'19Dec'18Dec'17Sep'13Sep'12Sep'11Sep'10
Cash Flows From Operating Activities
Net income

8,806

8,801

4,325

2,882

2,956

2,424

-

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

1,940

1,352

-

-

-

-

-

Net income

-

-

-

-

-

-

2,915

Depreciation and amortization

-

-

929

875

827

834

403

Provision for loan losses

725

572

517

375

1,200

1,625

1,179

Amortization of core deposit intangible

627

836

772

-

-

-

168

Net loss on sale of securities available for sale

-1

-17

-323

-

-

-

-

Net gain on sale of equity securities

0

394

-

-

-

-

-

Net gain on sale of office properties and equipment

29

-

-

-

-

-

-

Net amortization of premium/discount on securities

-

-

-

-

-

-

70

Net loss on securities available for sale

-

-

-

79

56

22

-

Net equity securities fair value adjustment losses (gains)

-230

484

-

-

-

-

-

Net gain on securities

-

-

-

-

-

-

-81

Origination of loans held for sale

13,981

5,552

8,063

7,358

7,779

4,204

1,169

Proceeds from sale of loans held for sale

13,784

5,623

8,260

8,468

7,179

4,640

1,181

Net loan sale gains and referral fees

273

71

197

205

205

75

12

Compensation expense on ESOP

410

440

403

268

229

216

-

Compensation expense on stock awards

81

1

529

452

75

-

-

Stock contribution to Charitable Foundation

-

-

-

-

-

1,176

-

Deferred income taxes

80

288

-646

-241

-176

623

638

Increase in accrued interest receivable

-29

166

357

-

-

-

-

Increase in accrued interest receivable

-

-

-

-283

128

-23

-636

Decrease in prepaid Federal deposit insurance

-

-

-

584

262

328

-1,174

Earnings on bank-owned life insurance

537

533

510

496

396

395

386

(Decrease) increase in accrued interest payable

-144

161

187

256

-283

-165

-142

(Decrease) increase in other accrued expenses

-

-

-

-

-

-

740

Increase in accrued income taxes payable

-

-

-

-

-

-

208

Other, net

-3,250

-1,350

-1,144

21

-158

-219

-

Net Cash Provided by Operating Activities

-

-

-

5,959

4,471

5,955

-

Other, net

-

-

-

-

-

-

-242

Net Cash Provided by Operating Activities

14,379

12,633

8,908

-

-

-

3,030

Cash Flows Used In Investing Activities
Net decrease in loans

-15,230

-14,077

54,638

4,152

8,031

1,085

17,331

Purchases of investment securities

-13,138

-11,699

-

-

-

-

-

Purchases of equity securities

-

546

-

-

-

-

-

Purchases of mortgage-backed securities

30,351

27,985

-

-

-

-

-

Purchases of investment securities

-

-

10,117

-

-

-

-

Purchases of investment and equity securities

-

-

-

15,309

25,935

43,214

48,460

Purchases of mortgage-backed securities

-

-

36,768

2,992

9,510

27,977

6,000

Proceeds from maturities of certificates of deposits

-

500

-

-

-

-

-

Proceeds from maturities/principal repayments/calls of investment securities

5,315

1,335

-

-

-

-

-

Purchases of certificates of deposit

-

-

-

1,000

-

-

-

Proceeds from maturities/principal repayments/calls of investment securities

-

-

8,920

12,228

19,642

35,656

34,887

Proceeds from maturities/principal repayments/calls of mortgage-backed securities

20,252

12,046

8,850

-

-

-

-

Proceeds from sales of investment securities

6,328

4,830

-

-

-

-

-

Proceeds from sales of investment securities

-

-

27,123

-

-

-

-

Proceeds from maturities/principal repayments/calls of mortgage-backed securities

-

-

-

12,074

12,194

7,850

8,814

Proceeds from sales of investment securities

-

-

-

265

6,142

694

1,250

Proceeds from sales of equity securities

-

1,900

-

-

-

-

-

Proceeds from sales of mortgage-backed securities

1,286

-

25,853

-

-

-

1,445

Purchase of Federal Home Loan Bank stock

-

-

-

760

250

60

-

Purchase of Federal Home Loan Bank stock

3,137

3,532

6,405

-

-

-

-

Redemption of Federal Home Loan Bank stock

3,551

5,173

4,847

-

-

-

-

Proceeds from sales of foreclosed real estate

83

450

181

1,160

1,055

408

318

Redemption of Federal Home Loan Bank stock

-

-

-

-686

-406

-637

-

Purchase of bank-owned life insurance

265

-

-

3,000

150

-

-

Proceeds from sales of office properties and equipment

997

-

-

-

-

-

-

Net additions of office properties and equipment

734

374

1,206

86

282

452

308

Cash and cash equivalents acquired

-

-

9,611

-

-

-

-

Net Cash Used in Investing Activities

-

-

-

-886

-4,719

-27,543

-

Net Cash Provided (Used) by Investing Activities

5,417

-3,825

-23,749

-

-

-

-25,385

Cash Flows From Financing Activities
Net increase in demand and savings accounts

18,115

-11,725

-5,250

-

-

-

-

Net (decrease) increase in demand, savings and club accounts

-

-

-

3,362

6,031

-3,369

11,759

Net (decrease) increase in time deposit accounts

-1,583

34,753

3,965

-7,536

3,946

8,675

17,524

Net increase in securities sold under agreements to repurchase

1,603

-2,103

1,898

962

335

-547

-422

Stock proceeds less conversion expenses

-

-

-

-

-

-457

-

Stock proceeds less conversion expenses

-

-

-

-

-

-

-29,461

Purchase of ESOP shares

-

-

-

-

-

1,168

-

Net repayments of Federal Home Loan Bank short-term borrowings

109,517

165,491

239,737

12,925

9,673

17,037

19,561

Proceeds from Federal Home Loan Bank short-term borrowing

104,993

142,994

202,134

-

-

-

10,748

Repayments of Federal Home Loan Bank advances

34,165

35,689

15,651

-

-

-

-

Proceeds from Federal Home Loan Bank advances

25,208

33,000

75,635

-

-

-

-

Lease liabilities payments

407

-

-

-

-

-

-

Proceeds from Federal Home Loan Bank advances

-

-

-

14,968

8,002

7,752

-

Net decrease in advance deposits by borrowers for taxes and insurance

2

-737

754

-

-

-

-

(Decrease) increase in advance deposits by borrowers for taxes and insurance

-

-

-

-88

47

495

-586

Excess tax benefits from stock based compensation

-

-

-

22

-

-

-

Exercise of stock options

257

648

311

-

-

-

-

Dividends paid

4,070

4,088

3,312

517

609

-

-

Stock repurchases

4,012

428

161

7,104

1,715

-

-

Net Cash Provided by Financing Activities

-3,576

-8,866

20,586

-

-

-

48,923

Net Increase in Cash and Cash Equivalents

16,220

-58

-

-

-

-

-

Net Increase in Cash and Cash Equivalents

-

-

5,745

-

-

-

26,568

Net Cash Provided by Financing Activities

-

-

-

-8,856

6,364

-4,742

-

Net (Decrease) Increase in Cash and Cash Equivalents

-

-

-

-3,783

6,116

-26,330

-

Supplementary Cash Flows Information:
Interest paid

9,406

7,293

4,889

-

-

-

-

Income taxes paid

2,923

1,594

1,411

-

-

-

-

Interest paid

-

-

-

3,865

4,404

4,975

6,389

Income taxes paid

-

-

-

917

950

1,525

1,810

Foreclosed real estate acquired in settlement of loans

404

486

419

-

-

-

-

Loan participation payoffs not settled

-

3,000

-

-

-

-

-

Investment securities purchased not settled

756

-

-

-

-

-

-

Right-of-use asset

-3,423

-

-

-

-

-

-

Lease liability

3,449

-

-

-

-

-

-

Prepaid lease payments

-26

-

-

-

-

-

-

Foreclosed real estate acquired in settlement of loans

-

-

-

1,226

831

413

394

Issuance of common stock from stock subscription payable

-

-

-

-

-

28,759

-

Issuance of common stock from customer deposit accounts

-

-

-

-

-

1,201

-

Issuance of common stock for ESOP plan

-

-

-

-

-

1,782

-

Securities purchased not settled

-

-

-

-

-

993

-

Investment securities available for sale

-

-

95,919

-

-

-

-

Federal Home Loan Bank stock

-

-

4,739

-

-

-

-

Loans receivable, net of allowance for loan losses

-

-

311,736

-

-

-

-

Office properties and equipment, net

-

-

4,434

-

-

-

-

Accrued interest receivable

-

-

1,144

-

-

-

-

Bank owned life insurance

-

-

6,486

-

-

-

-

Core deposit intangible

-

-

4,116

-

-

-

-

Other assets

-

-

2,742

-

-

-

-

Goodwill

-

-

17,216

-

-

-

-

Total non-cash assets

-

-

448,532

-

-

-

-

Certificate accounts

-

-

70,422

-

-

-

-

Deposits other than certificate accounts

-

-

263,522

-

-

-

-

Federal Home Loan Bank short-term borrowings

-

-

64,624

-

-

-

-

Accrued interest payable

-

-

615

-

-

-

-

Other liabilities

-

-

1,288

-

-

-

-

Total Liabilities assumed

-

-

400,471

-

-

-

-

Net Non Cash Assets Acquired

-

-

48,061

-

-

-

-

Cash and cash equivalents acquired

-

-

9,611

-

-

-

-