Spirit of texas bancshares, inc. (STXB)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
Cash Flows From Operating Activities:
Net income

4,074

6,169

5,330

5,827

3,810

2,513

2,771

2,681

2,013

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

219

Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses

1,171

775

900

332

849

700

486

635

339

671

604

650

550

Depreciation and amortization

1,104

-

-

-

582

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

465

499

446

-

438

437

445

Net amortization (accretion) of premium (discount) on investment securities

86

-106

-114

-135

-45

-72

-72

-54

-108

-

-

-

-

Amortization of core deposit intangible

946

-

-

-

603

-

-

-

-

-

-

-

-

Amortization of intangible assets

-

-

-

-

-

-

-

175

176

176

176

175

176

Accretion of discount on retained SBA loans

333

0

110

381

450

615

112

285

275

-273

830

205

184

Deferred tax expense

1,017

-1,035

2,496

-471

740

1,083

-35

-10

27

633

-317

-146

-220

Originations of loans held for sale

9,380

9,033

13,918

12,321

12,453

18,461

16,881

16,141

17,941

15,979

17,308

20,107

17,791

Proceeds from loans held for sale

6,109

8,534

14,929

17,489

10,933

21,301

20,412

14,010

18,730

16,834

18,571

24,108

17,656

Net gains on sale of loans held for sale

464

675

1,151

1,384

804

1,236

1,369

1,041

1,474

974

1,392

2,288

1,030

Gain on sale of investment securities

-

2,448

0

1,053

1,081

-

-

-

-

-

-

-

-

Gain on sale of other real estate owned

-

-42

37

32

21

-10

-8

0

-3

-

-21

-26

49

Fair value adjustment on SBA servicing asset

405

344

286

499

416

26

336

238

231

441

388

248

134

Stock-based compensation

377

213

184

151

117

166

181

173

152

159

201

201

959

Increase in cash surrender value of BOLI

89

89

89

87

41

15

1

2

1

-

-

-

-

Net change in operating assets and liabilities:
Net change in accrued interest receivable

94

-270

-720

882

73

-247

520

80

-351

529

229

352

-129

Net change in accrued interest payable

-40

143

-132

57

35

35

44

7

17

50

1

-6

98

Net change in other assets

30

475

-184

-999

188

778

-401

-2,121

1,577

251

-2,101

905

361

Net change in other liabilities

-286

53

363

-1,209

-1,097

-2,192

887

-2,524

936

3,069

-2,678

2,197

-490

Net cash provided by operating activities

4,401

4,923

11,943

9,446

1,922

4,003

7,321

510

2,261

5,682

1,831

6,098

241

Cash Flows From Investing Activities:
Sales of investment securities available for sale

-

91,360

0

34,700

45,200

-

-

-

-

-

-

-

-

Paydown and maturities of investment securities available for sale

2,386

11,367

2,999

16,604

4,531

4,221

921

1,145

688

1,086

965

253

1

Purchase of FHLB and other bank stock

46

-

-

-

37

-

-

-

-

-

-

-

-

Sale of FHLB and other bank stock

2,696

-

-

-

-

-

-

-

-

-

-

-

-

Net sale (purchase) of FHLB and other bank stock

-

-

-

-

-

-

-

28

-10

22

19

15

13

Proceeds from the sale of loans held for investment

50,208

-

-

-

-

-

-

-

-

-

-

-

-

Net change in loans

39,375

-

-

-

23,442

-

-

-

-

-

-

-

-

Net change in loans

-

-

-

-

-

-

-

37,213

13,603

-

26,925

48,680

16,195

Proceeds from the sale of other real estate owned

-

322

239

548

336

35

4

0

18

-25

328

155

16

Purchase of premises and equipment

2,353

-181

3,186

2,282

1,942

1,261

1,655

2,101

1,600

6,455

4,719

2,382

608

Net cash paid in business combination

129,461

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of premises and equipment

-

-

-

-

-

-

-

-

-

447

0

0

55

Net cash provided by (used in) investing activities

-115,945

104,549

-69,049

48,310

24,689

20,387

-35,914

-36,746

-14,487

-14,918

-31,342

-90,116

-16,744

Cash Flows From Financing Activities:
Net change in deposits

9,508

71,803

15,201

-32,302

20,604

12,260

27,927

3,720

5,595

-7,775

6,939

-1,520

23,286

Redemption of trust preferred securities

-

0

0

-1

78

-

-

-

-

-

-

-

-

Proceeds from long-term borrowings

10,950

0

2,424

21,356

1,818

-

-

-

-

-

-

-

-

Repayment of long-term borrowings

11,654

3,403

27,350

6,507

4,058

2,881

1,230

9,012

1,208

3,826

1,831

1,982

1,143

Proceeds from short-term borrowings

10,000

-

-

-

-

22,500

0

5,000

5,000

5,000

5,000

3,750

1,250

Repayment of short-term borrowings

-

0

0

0

12,500

20,000

5,000

5,000

5,000

-

-

-

-

Net change in secured borrowings

1,160

-

-

-

9

-

-

-

-

-

-

-

-

Purchase of treasury stock

4,805

-

-

-

-

-

-

-

-

-

-

-

-

Exercise of stock options and warrants

401

503

175

185

1,103

1,540

177

0

2,185

-

-

-

-

Exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

16

Net cash provided by financing activities

13,240

64,942

45,491

-17,260

7,036

20,487

19,745

36,927

6,572

4,003

14,211

3,362

23,409

Net Change in Cash and Cash Equivalents

-98,304

174,414

-11,615

40,496

33,647

44,877

-8,848

691

-5,654

-5,233

-15,300

-80,656

6,906

Supplemental Disclosures of Cash Flow Information:
Interest paid

5,016

4,633

4,956

3,849

3,415

4,228

2,154

1,393

2,255

3,365

1,683

1,259

1,878

Supplemental disclosure of noncash investing and financing activities:
Transfer of loans to other real estate owned and repossessed assets

78

3,866

83

-36

51

505

12

21

268

22

0

180

270

Fair value of assets acquired in business combination, excluding cash

270,873

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill recorded

12,499

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities assumed in business combination

139,721

-

-

-

-

-

-

-

-

-

-

-

-