Bancorp, inc. (TBBK)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Operating activities
Net income from continuing operations

47,018

51,268

54,467

95,369

90,930

87,540

68,145

13,614

25,057

17,338

3,664

-4,533

-39,893

-56,817

-12,528

-18,718

-3,455

5,360

-828

12,631

16,782

21,815

15,028

11,139

13,403

13,516

0

0

0

-

-

-

-

-

-

-

-

Net income (loss) from discontinued operations

-798

291

2,357

2,307

1,537

1,137

978

1,513

2,793

4,335

1,672

-22,860

-37,724

-39,675

-36,573

-10,510

5,761

8,072

15,832

32,917

38,914

35,294

4,371

-15,508

-15,374

-27,938

0

0

0

-

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,675

13,396

10,202

8,918

0

0

0

Adjustments to reconcile net income to net cash (used in) provided by operating activities
Depreciation and amortization

4,861

5,227

5,341

5,455

5,471

5,528

5,602

5,678

5,809

5,980

6,140

6,318

6,437

6,385

6,255

6,089

5,967

5,933

5,922

5,935

5,879

5,734

5,694

5,396

5,144

4,836

3,920

3,840

3,753

3,763

4,315

4,228

4,103

4,026

0

0

0

Provision for credit losses

6,279

4,400

3,875

4,285

4,585

3,585

3,430

3,170

2,620

2,920

0

0

0

-

-

-

-

2,100

396

-71

592

1,202

2,500

2,721

1,795

355

-7,944

-2,783

1,257

6,642

19,891

19,370

22,046

21,498

0

0

0

Net amortization of investment securities discounts/premiums

-20,647

-20,337

-18,516

-16,259

-16,205

-15,636

-15,263

-14,978

-12,189

-10,828

-9,093

-8,038

-8,366

-8,204

-8,671

-9,884

-11,368

-12,884

-16,890

-16,298

-14,191

-14,059

-9,599

-8,990

-9,429

-6,811

-5,390

-3,957

-2,789

-2,090

-1,546

-1,194

-688

-669

0

0

0

Stock-based compensation expense

5,481

5,689

4,829

4,776

4,131

3,450

3,862

3,385

3,213

3,245

3,171

3,099

2,983

2,761

2,433

2,150

2,064

1,975

2,131

2,238

2,333

2,641

7,556

6,158

4,674

3,157

-1,634

-216

1,220

2,595

2,396

2,239

2,014

1,800

0

0

0

Loans originated for sale

1,933,751

1,795,376

1,480,824

1,380,839

1,116,970

866,303

608,701

527,850

573,869

521,913

554,929

511,283

553,889

528,584

625,911

679,978

630,916

681,526

629,908

571,260

537,501

630,165

515,172

490,371

466,747

276,562

210,156

138,760

57,278

28,876

8,047

233

0

458

0

0

0

Sale of commercial loans originated for resale

746,943

1,235,413

1,234,351

813,118

813,155

638,274

665,541

642,184

750,092

458,942

487,793

179,443

133,034

358,283

421,696

525,483

564,112

418,748

417,244

450,656

524,949

495,531

858,305

619,792

356,979

268,019

-195,909

-82,538

5,901

19,420

237

237

8

462

0

0

0

Loss (gain) on sales of commercial loans originated for resale

13,681

25,023

25,325

20,377

20,367

20,830

26,224

23,086

24,350

18,072

14,587

9,353

9,631

2,815

4,142

2,597

6,971

10,080

5,821

9,423

8,734

12,542

18,028

19,995

20,531

17,225

14,390

9,807

4,063

1,885

160

4

0

4

0

0

0

Deferred income tax expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,961

0

0

0

Loss (gain) from discontinued operations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale of fixed assets

-

-

-

-

-

-

-

-

-

-122

-55

10

1

-6

20

-45

13

9

22

26

18

14

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on sales of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Other than temporary impairment on securities held-to-maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20

96

96

222

202

126

126

0

75

0

0

0

Loss on sale of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,405

-1,936

-1,954

-555

0

0

0

Fair value adjustment on investment in unconsolidated entity

0

-

-

-

-

3,689

2,941

2,899

1,170

-20

22,800

22,585

37,335

37,533

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Writedown of other real estate owned

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of loans held-for-sale

2,221

-963

-2,838

-2,732

-805

979

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of loans held for sale

-

-

-

-

-

-

-

-

-

-

198,509

91,607

41,905

-3,078

-223,467

-140,608

-278,042

-298,651

-412,355

-416,136

-300,587

-253,938

-187,095

-191,533

-122,276

-82,199

0

0

0

-

-

-

-

-

-

-

-

Change in fair value of derivatives

-3,308

-1,914

-3,621

-3,271

-1,641

647

1,124

1,372

2,885

1,811

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sales of investment securities

-

-

-

-

-

41

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sales of investment securities

-

-

-

-

-

-

-

-

-

-

-

0

1,648

-

17,628

16,312

16,381

14,435

23

323

289

450

1,469

1,546

1,863

1,889

0

0

0

-

-

-

0

-

-

-

-

Increase in accrued interest receivable

1,753

866

2,277

2,757

2,129

1,853

1,490

930

1,482

311

-365

609

1,124

1,118

-736

-1,255

-2,118

-1,780

171

1,050

840

2,729

3,131

2,991

3,792

3,553

2,950

3,269

2,707

1,574

1,520

1,458

225

-402

0

0

0

Decrease in interest payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13

-4

-20

-1

0

0

0

Decrease (increase) in other assets

-6,241

10,422

21,669

3,400

13,656

8,184

3,613

-6,280

-2,700

-5,678

-10,930

-4,269

11,392

9,232

8,709

24,469

1,685

-2,391

-80,998

-27,474

13,232

-21,966

62,576

-165

-39,255

222

42,233

43,555

42,995

42,056

3,231

-451

-559

-1,125

0

0

0

Change in fair value of discontinued loans held-for-sale

-

-

-

-

-

352

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of discontinued assets held-for-sale

-

-

-

-

-

-

-

-

-

-3,158

0

0

2,274

-

-2,106

-23,488

-27,984

-5,369

9

-42,523

-60,941

-37,410

-20,184

51,619

78,576

23,390

0

0

0

-

-

-

-

-

-

-

-

Increase in other liabilities

2,770

10,920

9,002

23,998

41,137

8,655

2,892

-7,193

-42,639

-18,504

-732

-21,541

-4,018

28,567

20,144

29,780

38,110

4,044

-16,501

-13,107

-24,306

-26,155

-16,126

-1,856

-11,417

15,284

23,189

9,572

30,338

7,739

-1,421

2,626

-1,974

1,318

0

0

0

Net cash (used in) provided by operating activities

-1,099,458

-493,083

-176,766

-489,745

-218,280

-173,961

86,140

155,952

181,385

-28,091

19,998

-303,181

-429,882

-161,974

-224,093

-134,979

2,191

-234,880

-127,460

-18,174

66,076

-49,993

-128,391

-136,310

-184,448

-39,005

-75,056

-108,919

-97,563

-79,283

28,967

41,945

36,612

37,640

0

0

0

Investing activities
Purchase of investment securities available-for-sale

99,577

157,478

157,480

125,495

46,679

134,758

501,424

631,228

701,212

579,925

262,792

234,013

293,850

549,502

749,151

713,828

608,171

346,227

228,045

244,105

341,019

533,168

678,690

784,720

856,019

884,050

798,687

737,092

674,008

473,828

344,564

330,981

316,954

345,809

0

0

0

Proceeds from sale of investment securities available-for-sale

-

-

-

-

-

-

-

-

-

284,373

116,486

124,075

99,608

148,205

526,883

531,113

549,279

505,534

124,817

121,481

120,375

109,322

123,074

203,899

139,772

106,243

0

0

0

-

-

-

0

-

-

-

-

Proceeds from redemptions and prepayments of securities held-to-maturity

-

-

-

-

-

-

-

-

-

-

-

-

-

51

51

56

57

118

2,945

3,074

3,073

3,022

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from redemptions and prepayments of securities available-for-sale

186,847

173,916

166,357

184,838

215,983

207,703

207,911

191,507

277,439

278,290

314,681

312,737

214,804

213,730

209,607

231,303

237,206

244,293

212,099

184,764

171,388

188,252

552,208

239,730

237,324

233,262

-111,600

208,289

193,684

154,246

144,892

129,022

117,850

135,621

0

0

0

Net cash paid due to acquisitions, net of cash acquired

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,157

2,629

839

894

0

0

0

Net increase in loans

469,940

322,611

188,492

57,001

49,619

115,054

126,737

140,477

202,978

172,853

178,538

190,169

151,622

146,366

204,162

215,209

244,649

205,019

138,867

167,652

133,301

240,036

243,685

249,181

206,908

134,114

159,947

156,050

195,202

174,110

160,047

147,256

136,110

148,365

0

0

0

Net decrease in discontinued loans held-for-sale

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in discontinued loans held-for-sale

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of fixed assets

-

-

-

-

-

-

-

-

-

945

567

698

666

542

448

371

191

327

270

219

197

64

0

0

0

-

-

-

-

357

200

191

127

97

0

0

0

Purchases of premises and equipment

2,184

2,012

0

0

0

-

-

-

-

515

4,412

4,847

6,915

8,024

8,262

8,434

7,496

8,999

6,335

7,970

8,324

6,611

7,699

6,715

8,798

9,098

8,148

8,480

5,621

5,098

4,315

3,104

2,557

2,106

0

0

0

Change in receivable from investment in unconsolidated entity

-

-

-

-

-

-

-

-

-

-

-10,807

-2,750

2,184

2,021

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in receivable from investment in unconsolidated entity

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Return of investment in unconsolidated entity

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Return of investment in unconsolidated entity

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in discontinued assets held-for-sale

3,307

5,503

8,419

9,179

11,161

7,570

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-313,798

-233,310

-131,879

63,570

239,274

84,468

-60,246

-185,020

-264,580

-84,315

31,618

125,572

18,164

-154,936

10,958

-26,471

215,422

501,323

192,583

118,761

-77,807

-418,812

-416,883

-1,332,090

-1,110,741

-657,357

-576,660

250,337

-86,646

-360,405

-376,226

-373,080

-332,805

-355,668

0

0

0

Financing activities
Net (decrease) increase in deposits

665,825

1,116,316

487,639

192,466

70,129

-325,128

292,663

-76,804

-80,630

22,538

-201,540

-184,596

36,843

-176,453

-612,280

-255,377

-493,088

-207,027

497,590

434,247

244,836

348,795

824,400

431,153

534,223

959,768

276,050

628,360

-60,893

630,670

-292,326

659,594

1,242,769

658,454

0

0

0

Net decrease in securities sold under agreements to repurchase

0

-

-

-

-

-124

-22

-112

-91

-57

-173

-45

-398

-651

-681

-2,039

-7,288

-18,489

-20,462

-15,124

-8,532

-1,807

-561

-1,578

-181

2,673

3,255

-2,889

-9,234

-14,629

-6,255

1,690

6,123

18,794

0

0

0

Proceeds of short-term borrowings

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock issuance expense

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of short-term borrowings and federal funds purchased

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from the issuance of common stock

0

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,629

0

0

0

-

-

-

-27

54,501

0

0

0

Proceeds from the issuance of common stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

103

3,409

1,466

1,610

1,653

-1,297

705

529

454

0

0

0

-

0

0

0

Excess tax benefit from share-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

0

0

0

-

0

0

0

Net cash (used in) provided by financing activities

806,652

1,116,563

487,574

297,398

130,040

-265,140

352,753

-76,804

-80,609

22,281

-8,814

153,070

374,156

160,807

-468,149

-257,416

-500,376

-225,516

477,128

419,123

236,336

347,091

311,950

710,773

1,334,914

965,723

836,650

389,788

-825,516

658,208

-299,351

660,455

1,248,036

594,883

0

0

0

Net (decrease) increase in cash and cash equivalents

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

42,802

-24,539

-37,562

-156,103

-681,284

-418,866

-282,763

40,927

542,251

519,710

224,605

-121,714

-233,324

-213,975

-303,539

269,361

184,934

-12,446

-666,461

218,520

-646,610

329,320

951,843

276,855

0

0

0

Supplemental disclosure:
Interest paid

35,524

37,532

36,915

35,122

31,405

27,021

23,127

19,107

16,874

15,326

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,536

-

12,248

7,343

10,986

10,768

10,842

11,200

10,983

10,792

10,631

10,728

11,191

11,431

11,819

12,107

12,183

12,037

0

0

0

Taxes paid

20,351

20,683

25,801

21,759

14,048

12,663

5,007

5,151

4,164

4,159

2,187

961

1,396

1,502

0

0

0

-

-

-

-

2,578

8,735

17,451

16,487

17,602

14,127

9,018

12,871

11,049

9,374

5,843

5,986

6,139

0

0

0

Non-cash investing and financing activities
Investment securities purchased and not settled

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment securities transferred in securitization transaction

-

93,191

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans transferred in acquisition

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfers of discontinued loans to other real estate owned

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Transfers of loans to other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0