Stock Yards Bancorp, Inc. SYBT Cash Flow

Stock yards bancorp, inc. (SYBT)

CashFlow / TTM

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
63,658	66,067	64,076	60,718	57,754	55,517	45,805	43,633	40,656	38,043	43,713	42,476	41,983	41,027	40,057	38,874	37,767	37,187	36,263	36,868	35,900	34,822	32,413	30,206	28,579	27,170	27,371	26,371	26,067	25,801	25,629	24,721	24,615	23,604	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses
5,950	1,000	1,000	1,335	2,570	2,705	3,605	3,020	2,385	2,550	2,150	3,250	3,400	3,000	3,250	2,000	1,250	750	0	-2,100	-750	-400	1,175	4,600	4,575	6,550	7,450	8,600	9,750	11,500	12,125	13,750	13,875	12,600	0	0	0
Depreciation, amortization and accretion, net
5,308	4,880	4,795	4,781	5,239	5,782	10,748	11,921	12,686	13,640	9,974	10,249	10,760	11,142	9,830	8,820	7,892	6,902	9,275	7,561	7,397	7,413	6,255	8,047	8,192	7,969	5,645	5,695	5,244	4,964	5,335	4,519	4,738	4,019	0	0	0
Deferred income tax
-4,547	-5,852	-4,702	-4,267	-1,784	-268	5,292	4,528	4,434	3,971	-1,215	-688	-878	276	-799	123	936	847	1,260	1,105	71	-318	1,547	1,254	2,423	570	-2,675	-2,812	-3,371	-2,933	-2,374	-2,490	-2,635	-2,068	0	0	0
Gain on sales of mortgage loans held for sale
2,438	1,907	1,512	1,393	1,367	1,443	1,718	1,795	1,897	1,989	2,110	2,342	2,426	2,482	2,381	2,137	2,069	2,167	2,418	1,940	1,795	1,576	1,093	1,752	2,131	2,657	3,772	4,390	4,449	4,321	3,607	2,904	2,479	2,122	0	0	0
Origination of mortgage loans held for sale
125,648	108,020	82,827	72,085	66,908	71,807	81,729	86,258	95,029	97,623	107,009	115,082	123,398	123,347	116,583	110,357	110,073	116,385	115,734	111,167	98,552	89,069	84,335	97,616	120,326	149,745	204,573	238,918	240,802	241,128	216,333	179,055	152,856	126,306	0	0	0
Proceeds from sale of mortgage loans held for sale
122,926	102,854	80,543	71,609	69,533	74,539	86,373	89,055	96,571	99,861	109,619	120,774	125,924	129,416	118,544	114,326	114,639	115,499	116,312	109,032	97,339	88,655	85,558	102,286	123,560	164,692	217,933	242,836	247,610	235,783	217,535	179,790	150,668	136,434	0	0	0
Bank owned life insurance income
1,032	1,031	1,414	1,113	1,120	1,129	759	777	1,142	1,159	1,178	1,190	854	871	876	882	888	889	898	905	913	927	959	990	1,015	1,031	1,034	1,000	1,001	1,006	1,001	1,032	1,027	1,019	0	0	0
(Gain)/Loss on the disposal of premises and equipment
-137	-372	-54	-76	-66	-56	-8	14	6	0	0	0	0	-	-	-	-	51	-66	-58	-72	-33	0	0	0	-	-	-	-	-	-	-	-	-382	0	0	0
Increase in value of private investment fund
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	637	919	318	100	-421	0	0	0
Gain on the sale of other real estate owned
-29	-7	56	56	15	102	109	212	148	39	66	-98	76	409	388	461	206	-147	-224	-243	-92	271	56	-412	-344	-652	-599	-1,093	-1,400	-1,410	-2,856	-1,892	-1,683	-1,716	0	0	0
Stock compensation expense
3,532	3,578	3,836	3,848	4,067	4,027	3,803	3,585	3,055	2,892	2,839	2,742	2,620	2,473	2,219	2,212	2,146	2,134	2,118	2,243	2,227	2,016	1,926	1,723	1,699	1,940	1,836	1,726	1,663	1,481	1,414	1,341	1,267	1,165	0	0	0
Excess tax benefits from share-based compensation arrangements
561	812	734	416	544	549	637	868	766	1,463	2,095	2,305	2,314	1,705	1,270	900	923	673	487	502	383	378	413	393	396	265	135	94	86	83	95	78	96	125	0	0	0
Net change in accrued interest receivable and other assets
6,567	2,786	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in accrued interest receivable and other assets
-	-	-	-	-	-	-	-	12,611	-	6,944	6,207	3,789	7,438	7,636	8,172	7,551	2,540	2,391	433	512	235	1,834	1,161	180	-736	-6,402	-4,523	-2,534	-769	1,760	-1,309	-3,403	-3,533	0	0	0
Net change in accrued interest payable and other liabilities
-670	85	4,891	-4,965	218	-744	-12,828	2,064	1,037	8,700	16,375	7,128	10,642	12,566	14,051	18,931	11,214	2,307	572	-6,528	-834	112	-308	4,100	-1,665	2,141	-18,736	-20,725	-25,079	-19,840	4,255	2,322	5,036	-7,805	0	0	0
Net cash provided by operating activities
60,078	58,436	57,263	51,712	65,665	65,889	52,382	60,425	49,365	53,676	63,473	58,517	61,208	63,262	58,230	62,434	54,177	43,171	44,162	33,535	39,368	39,886	39,884	50,724	43,236	58,329	36,032	22,630	22,506	14,796	45,953	46,656	46,161	44,429	0	0	0
Investing activities:
Purchases of securities available for sale
613,051	702,441	610,797	742,257	742,951	768,407	838,726	809,801	761,044	661,086	573,277	502,280	460,871	478,798	508,506	519,244	431,511	384,260	312,063	297,074	329,703	328,894	382,003	367,267	407,076	443,969	440,460	475,297	474,130	488,390	485,277	486,040	463,523	404,514	0	0	0
Proceeds from sales of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	5,934	5,934	5,934	13,666	7,732	7,727	7,727	-128,496	696	0	0	0	-	-	-	-	-	-	-	-
Proceeds from maturities and paydowns of securities available for sale
687,975	678,039	800,492	905,024	838,328	901,512	847,158	800,256	709,422	652,411	532,507	480,456	462,953	468,271	470,161	368,899	332,065	320,952	253,864	291,559	289,508	304,078	0	0	0	-	-	-	-	452,447	410,918	411,951	376,995	300,620	0	0	0
Purchase of Federal Home Loan Bank stock
-	-	-	-	-	2,724	3,659	3,659	3,484	2,254	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from redemption of Federal Home Loan Bank stock
1	591	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities of securities held to maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	0	0	0
Net change in loans
235,267	131,734	150,947	16,272	15,530	137,835	204,409	272,025	242,543	105,867	114,379	135,798	180,887	275,718	270,401	280,841	225,848	168,832	179,676	108,389	153,157	156,200	83,747	144,229	102,194	112,156	104,450	62,760	81,277	53,599	54,908	54,707	32,797	57,037	0	0	0
Purchases of premises and equipment
4,663	5,098	6,319	7,684	7,945	7,057	5,970	4,641	3,589	2,786	2,207	2,506	5,466	6,327	6,176	5,504	2,900	3,459	4,144	3,937	3,744	2,525	2,075	2,782	2,524	2,365	1,877	1,167	1,546	3,301	5,200	6,419	8,175	8,249	0	0	0
Proceeds from sales of premises and equipment
4,089	2,907	2,561	45	55	230	230	23	215	0	0	0	0	-	-	-	-	-	-	-	-	344	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from bank owned life insurance mortality benefit
970	1,878	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investment activities
2,560	2,766	1,379	174	1,659	1,184	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of other real estate owned
1,516	2,028	1,903	1,903	1,749	3,895	2,860	3,508	4,047	2,432	2,855	2,209	2,356	1,826	1,612	2,122	2,782	2,541	3,071	3,024	1,817	5,507	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of other real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0
Net cash used in investing activities
-167,567	-163,173	30,439	135,510	72,051	-11,570	-203,612	-287,406	-294,880	-114,705	-153,676	-156,887	-180,741	-289,572	-313,310	-434,568	-325,412	-227,124	-233,014	-108,883	-181,613	-169,958	-125,939	-149,249	-92,764	-135,868	-64,712	-51,811	-95,397	-89,864	-130,739	-131,091	-119,816	-161,947	0	0	0
Financing activities:
Net change in deposits
320,649	213,913	222,660	217,431	179,176	216,061	116,072	61,915	29,109	57,747	91,369	128,598	178,155	148,846	249,019	278,183	255,871	248,075	133,757	84,370	122,842	142,690	125,370	122,551	130,068	78,809	71,986	80,120	109,567	163,954	113,470	131,918	110,852	124,271	0	0	0
Net change in securities sold under agreements to repurchase and federal funds purchased
-	-5,125	-243,664	-301,013	-236,274	-185,484	51,403	118,781	206,449	116,856	90,122	54,896	-8,188	27,966	14,044	93,883	10,550	-29,946	46,407	-37,781	3,130	-961	-4,835	30,153	-19,278	39,551	11,889	-4,862	7,561	-27,702	-9,795	-348	-2,030	17,788	0	0	0
Proceeds from Federal Home Loan Bank advances
120,000	120,000	120,000	120,000	120,000	120,000	120,000	120,000	120,000	120,000	180,000	189,000	289,000	289,000	229,000	205,000	128,200	108,200	88,200	84,120	42,740	42,740	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in other short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,998	0	0	0
Repayments of Federal Home Loan Bank advances
142,226	131,726	129,943	127,894	121,287	121,281	121,610	121,612	121,615	121,617	181,256	181,569	281,481	281,393	221,333	200,853	121,708	101,564	81,420	81,332	40,284	40,237	40,178	30,122	20,094	10,063	30,038	60,029	60,018	60,011	30,011	11	11	11	0	0	0
Repurchase common stock for performing stock units
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock for stock appreciation rights and performance stock units
-	-	-	-	-	-	-	-	0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of acquired bank subordinated debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,000	0	0	0	-	-	-	-
Issuance of common stock for options and dividend reinvestment plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,022	3,413	2,177	2,473	2,620	2,586	2,837	2,435	1,636	1,148	892	961	816	612	615	705	0	0	0
Excess tax benefits from stock-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	1,705	1,270	900	923	673	487	502	383	378	413	393	396	265	135	94	86	83	95	78	96	125	0	0	0
Repurchase of common stock
-	-	-	-	-	2,004	276	2,529	1,879	2,389	2,497	2,781	2,787	1,918	1,542	1,101	1,099	918	962	961	936	616	580	586	564	331	316	303	302	205	204	202	191	167	0	0	0
Share repurchases related to compensation plans
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid
23,929	23,542	23,131	22,946	22,291	21,766	20,848	19,699	18,998	18,077	17,614	17,144	16,650	16,093	15,533	15,048	14,560	14,224	13,893	13,568	13,242	12,924	12,602	12,276	11,953	11,670	11,384	11,114	10,848	10,691	10,398	10,245	10,091	9,930	0	0	0
Net cash provided by (used in) financing activities
250,660	155,522	-71,968	-126,183	-83,252	5,372	142,632	156,856	212,910	152,304	161,388	173,261	160,976	170,450	257,779	363,692	261,754	213,545	175,598	38,763	116,810	133,543	83,983	116,129	73,022	80,606	46,817	36,516	78,400	87,851	81,836	110,559	88,086	130,783	0	0	0
Net change in cash and cash equivalents
143,171	50,785	15,734	61,039	54,464	59,691	-8,598	-70,125	-32,605	91,275	71,185	74,891	41,443	-55,860	2,699	-8,442	-9,481	29,592	-13,254	-36,585	-25,435	3,471	-2,072	17,604	23,494	3,067	18,137	7,335	5,509	12,783	-2,950	26,124	14,431	13,265	0	0	0
Supplemental cash flow information:
Interest paid
21,898	22,666	22,530	20,650	17,869	14,827	11,865	9,468	8,104	7,158	6,374	5,650	5,099	4,901	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Income taxes paid, net of refunds
13,938	13,938	0	0	0	-	-	-	-	15,838	14,733	11,843	12,860	12,860	0	0	0	-	0	0	0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Cash paid for operating lease liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental non-cash activity:
Unfunded commitments in tax credit investments
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initital recognition of right-of-use lease assets
0	16,747	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initital recognition operating lease liabilities
0	18,067	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans transferred to OREO
1,160	1,160	455	1,699	1,900	2,170	1,715	471	270	0	394	405	1,770	1,916	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Transfers from loans to other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0