Trico bancshares (TCBK)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating activities:
Net income

92,072

68,320

40,554

44,811

43,818

26,108

27,399

18,994

18,590

6,005

9,962

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of premises and equipment, and amortization

6,915

7,014

6,787

6,474

5,906

5,735

4,623

4,292

3,309

3,492

3,425

Amortization of intangible assets

5,723

3,499

1,389

1,377

1,157

446

209

209

177

307

328

Provision for (benefit from) loan losses

-1,690

2,583

89

-5,970

-2,210

-4,045

-715

-9,423

23,060

37,458

31,450

Amortization of investment securities premium, net

-2,547

-2,512

-3,200

-4,926

-3,458

-970

-752

-1,151

-1,435

-1,185

-348

Gain on sale of investment securities

110

207

961

-

0

-

-

-

-

-

-

Originations of loans for resale

131,074

84,245

114,107

142,619

111,640

49,241

123,834

225,602

119,855

179,504

119,290

Proceeds from sale of loans originated for resale

131,689

86,988

114,788

144,062

115,469

49,394

137,859

238,352

116,556

181,259

121,088

Gain on sale of loans

3,282

2,371

3,109

4,037

3,064

2,032

5,602

6,810

3,037

3,647

3,466

Change in market value of mortgage servicing rights

1,811

146

718

2,184

701

1,301

-253

2,016

1,107

1,029

551

(Reversal of) provision for losses on real estate owned

-102

89

162

140

502

208

682

1,728

1,984

1,522

220

Equity compensation tax effect

-

-

-

155

-68

225

356

44

296

390

30

Bargain purchase gain

-

-

-

-

-

-

-

-

7,575

232

-

Deferred income tax expense

1,692

2,600

12,473

3,190

681

-993

2,526

-383

-1,691

-4,867

-3,515

Gain on sale of foreclosed assets

608

408

711

262

991

2,153

1,640

786

680

562

168

Operating lease expense payments

4,931

-

-

-

-

-

-

-

-

-

-

Loss on disposal of fixed assets

-82

-185

-142

-929

-129

49

-39

-420

-15

-58

-138

Increase in cash value of life insurance

3,029

2,718

2,685

2,717

2,786

1,953

1,727

1,820

1,885

1,847

1,879

Gain on marketable equity securities

86

-64

-

-

-

-

-

-

-

-

-

Gain on life insurance death benefit

831

-

108

238

155

-

-

675

789

-

-

Equity compensation vesting expense

1,654

1,462

1,586

1,467

1,370

1,133

1,151

1,083

-

-

-

Stock option vesting expense

-

-

-

-

-

-

-

-

830

800

477

Change in:
Reserve for unfunded commitments

-

-

-

-

-330

395

1,200

-875

100

-

-

Change in reserve for unfunded commitments

-

-

-

-

-

-

-

-

-

1,000

-1,075

Interest receivable

-515

5,640

1,745

1,241

1,511

619

-120

-676

181

-632

-172

Interest payable

410

1,067

112

44

-204

-67

-98

-638

-477

-1,463

-2,532

Amortization of operating lease ROUA

4,592

-

-

-

-

-

-

-

-

-

-

Other assets and liabilities, net

-1,153

10,129

-3,193

-4,139

3,789

3,894

1,151

9,602

967

10,951

-12,411

Net cash from operating activities

102,806

91,069

55,381

48,226

54,817

27,417

41,086

52,063

31,664

51,186

25,943

Investing activities:
Cash acquired in acquisition, net of consideration paid

0

30,613

-

156,316

-

141,405

-

-

80,706

18,764

-

Excess Tax Benefit from Share-based Compensation, Operating Activities

-

-

-

-

-

-

-

-

-

-

30

Proceeds from maturities of securities available for sale

97,993

73,014

63,942

71,684

33,552

24,016

53,468

76,764

84,016

92,427

85,833

Proceeds from maturities of securities held to maturity

68,346

68,937

86,371

121,666

93,784

34,172

4,391

-

-

-

-

Purchases of securities available for sale

37,253

436,678

265,806

247,717

341,303

-

-

13,815

25,456

156,348

29,396

Proceeds from sale of available for sale securities

127,066

293,279

25,757

-

2

14,130

-

-

-

-

-

Purchases of securities held to maturity

-

-

-

-

146,100

280,692

244,967

-

-

-

-

Net redemption of restricted equity securities

0

7,429

-

-

-

-2,415

484

963

449

837

-39

Loan origination and principal collections, net

286,339

173,752

259,404

251,479

244,018

82,079

59,411

44,601

9,363

102,890

-

Loans purchased

-

-

-

22,503

-

32,017

62,698

-

-

-

-

Proceeds from sale of loans other than loans originated for resale

-

-

-

-37,880

-

-

-

-

-

-

-

Loan principal (increases) decreases, net

-

-

-

-

-

-

-

-

-

-

-62,663

Proceeds from sale of real estate owned

1,336

2,527

2,872

4,010

5,449

9,762

13,910

17,257

7,632

5,172

1,815

Improvement of foreclosed assets

-

-

-

-

195

462

479

983

-

139

-

Proceeds from sale of premises and equipment

0

63

3,338

1,682

8

121

12

30

1

6

2

Purchases of premises and equipment

4,293

7,435

15,164

10,930

5,489

4,665

8,313

10,792

3,350

3,156

2,633

Life insurance proceeds

3,355

-

649

-

-

-

706

4,423

-

-

-

Net cash from (used by) investing activities

-29,789

-142,003

-357,445

-139,391

-604,310

-178,724

-302,897

29,246

153,361

60,453

118,245

Financing activities:
Net change in deposits

528

365,400

113,571

103,063

250,843

167,984

120,781

99,166

98,464

-71,340

159,242

Payments of principal on long-term other borrowings

-

-

-

-

-

-

-

-

-

-

90

Net change in other borrowings

2,615

-271,327

104,673

5,165

3,052

2,941

-2,862

-63,344

-11,517

-9,733

-35,162

Equity compensation tax effect

-

-

-

155

-68

225

356

44

296

390

30

Repurchase of common stock, net of option exercises

2,196

2,483

1,629

1,890

412

292

501

-

753

338

-

Dividends paid

24,999

18,769

15,131

13,695

11,849

7,807

6,745

5,757

5,742

6,344

8,209

Exercise of stock options

9

218

396

518

660

616

251

206

436

203

235

Net cash used from financing activities

-24,043

73,039

201,880

93,316

242,226

163,667

111,280

30,315

81,184

-87,162

116,046

Net change in cash and cash equivalents

48,974

22,105

-100,184

2,151

-307,267

12,360

-150,531

111,624

266,209

24,477

260,234

Supplemental disclosure of noncash activities:
Unrealized gain (loss) on securities available for sale

24,361

-17,627

5,461

-11,015

-1,895

-162

-4,232

-2,096

2,594

-41

1,846

Due to broker

-

-

-

-

17,072

-

-

-

-

-

-

Loans transferred to held-for-sale

-

-

-

-

-

-

-

9,739

-

-

-

Market value of shares tendered in-lieu of cash to pay for exercise of options and/or related taxes

5,108

1,486

2,225

5,988

2,868

2,551

3,490

224

1,992

1,026

652

Obligations incurred in conjunction with leased assets

156

-

-

-

-

-

-

-

-

-

-

Loans transferred to foreclosed assets

1,249

1,262

1,563

2,505

5,240

5,291

11,717

8,382

6,943

7,690

4,408

Supplemental disclosure of cash flow activity:
Cash paid for interest expense

14,965

11,805

5,609

5,677

5,620

4,641

4,794

7,982

10,715

15,596

23,147

Cash paid for income taxes

35,050

14,525

21,170

27,575

24,315

22,685

17,395

10,995

16,625

2,825

10,292

Assets acquired in acquisition and goodwill, net

0

1,463,100

0

161,231

-

978,682

-

-

270,304

100,282

-

Liabilities assumed in acquisition

0

1,171,968

0

161,231

-

827,372

-

-

262,729

100,050

-