TriCo Bancshares TCBK Cash Flow

Trico bancshares (TCBK)

CashFlow / Quarterly

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
16,121	22,890	23,395	23,061	22,726	23,211	16,170	15,029	13,910	2,989	11,897	13,589	12,079	12,533	12,199	9,405	10,674	11,422	12,694	11,366	8,336	5,650	8,234	4,859	7,365	5,236	7,361	6,325	8,477	4,722	5,020	5,321	3,931	6,549	6,470	2,771	2,800
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of premises and equipment, and amortization
1,618	1,642	1,691	1,744	1,838	2,100	1,685	1,616	1,613	1,698	1,802	1,683	1,604	1,604	1,625	1,719	1,526	1,419	1,397	1,596	1,494	1,700	1,331	1,241	1,463	1,394	1,267	980	982	1,071	1,094	1,109	1,018	876	821	782	830
Amortization of intangible assets
1,431	1,430	1,431	1,431	1,431	1,431	1,390	339	339	339	339	352	359	360	359	359	299	290	289	289	289	289	53	52	52	52	52	53	52	52	52	52	53	52	20	20	85
Provision for (reversal of) credit losses
8,000	-	-	-	-1,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for (benefit from) loan losses
-	-	-	-	-	-	-	-638	-236	1,677	765	-796	-1,557	-1,433	-3,973	-773	209	-908	-866	-633	197	-1,421	-2,977	1,708	-1,355	-1,602	1,381	614	-1,108	-17,322	532	3,371	3,996	5,429	5,069	5,561	7,001
Amortization of investment securities premium, net
-509	-497	-864	-615	-571	-559	-613	-640	-700	-769	-825	-808	-798	-1,301	-1,291	-1,203	-1,131	-911	-902	-926	-719	-392	-229	-193	-156	-155	-186	-197	-214	-244	-287	-291	-329	-410	-340	-308	-377
Originations of loans for resale
28,394	39,072	45,066	28,817	18,119	20,333	20,523	23,057	20,332	30,200	20,885	28,705	34,317	41,413	42,254	32,822	26,130	29,141	26,830	31,142	24,527	0	18,209	17,468	13,564	0	29,211	41,208	53,415	63,520	58,023	46,018	58,041	32,178	32,098	23,080	32,499
Proceeds from sale of loans originated for resale
31,629	42,183	44,099	28,718	16,689	20,850	20,701	22,167	23,270	28,942	21,147	27,928	36,771	47,006	38,047	32,766	26,243	33,021	26,792	32,526	23,130	-440	17,501	17,277	15,056	1,438	33,332	43,751	59,338	78,066	49,429	47,366	63,491	33,600	25,983	21,842	35,131
Gain on sale of loans
891	1,059	1,236	575	412	540	539	666	626	816	606	777	910	1,392	953	889	803	883	722	837	622	545	509	514	464	635	1,083	1,590	2,294	2,493	1,430	1,237	1,650	1,219	598	495	725
Change in market value of mortgage servicing rights
1,258	159	455	552	645	184	37	36	-111	-77	325	457	13	-14	799	701	698	131	585	-521	506	681	88	351	181	58	-181	-191	61	503	680	464	369	85	800	162	60
(Reversal of) provision for losses on real estate owned
-	-	-	-	-	0	-1	0	90	0	134	94	-66	100	8	43	-11	155	106	174	67	71	97	4	36	62	47	546	27	208	433	1,004	83	591	306	638	449
Equity compensation tax effect
-	-	-	-	-	-	-	-	-	-	-	-	-	337	0	-192	10	-11	-87	12	18	0	5	36	184	0	14	322	20	-	-	-	-	-	-	-	-
Gain on transfer of loans to foreclosed assets
0	-	54	-1	98	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of foreclosed assets
41	362	47	100	99	18	2	17	371	403	37	153	118	44	69	57	92	209	356	115	311	300	385	241	1,227	161	313	615	551	422	418	304	-358	213	82	185	200
Operating lease expense payments
1,237	-	-	-	1,218	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of fixed assets
0	0	-2	-42	-38	21	-152	-41	-13	-	-	-	-	-877	-13	-8	-31	-4	-42	1	-84	-11	-10	71	-1	-27	2	2	-16	-16	-16	-153	-235	0	0	-6	-9
Gain on sale of premises held for sale
-	-	-	-	-	-	-	-	-	-	0	0	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in cash value of life insurance
720	735	773	746	775	722	732	656	608	642	732	626	685	631	709	681	696	665	771	675	675	666	490	400	397	390	531	380	426	470	450	450	450	535	450	450	450
Gain on marketable equity securities
47	-14	22	42	36	28	-22	-22	-48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on life insurance death benefit
0	0	103	696	32	-	-	-	-	0	0	1	107	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity compensation vesting expense
439	441	398	418	397	368	372	331	391	402	410	393	381	389	381	366	331	319	353	374	324	323	276	238	296	-	-	-	-	-	-	-	-	-	-	-	-
Stock option vesting expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	304	236	-	289	254	257	277	53	235	265
Change in:
Reserve for unfunded commitments
-	-	-	-	-	-	-	-	-	-	-390	135	-15	-	-25	-408	0	-390	40	-110	130	200	-175	185	185	460	335	-35	440	-	-	-	-	-	-	-	-
Change in reserve for unfunded commitments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-40	190	-	-	-	-50
Interest receivable
-322	692	-2,785	559	1,019	-180	5,339	1,846	-1,365	1,116	1,051	369	-791	1,208	-783	527	289	574	148	270	519	273	-146	318	174	66	-889	138	565	-1,002	93	450	-217	-85	848	-392	-190
Interest payable
-421	-440	182	470	198	268	554	217	28	63	86	11	-48	-	-	-24	-23	-21	-2	-55	-126	118	-96	-16	-73	1	-7	-31	-61	-103	-276	-172	-87	-141	-50	-179	-107
Amortization of operating lease ROUA
1,362	-	-	-	480	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets and liabilities, net
2,609	-1,864	15,303	-15,042	450	269	9,957	-4,328	4,231	-6,348	4,380	-5,669	4,444	-10,441	6,931	8,359	-8,988	-5,745	5,285	-494	4,743	1,269	4,881	-7,559	5,303	-2,257	4,685	-3,333	2,056	39	2,957	5,383	1,223	-2,291	7,158	-949	-2,951
Net cash from operating activities
33,547	26,540	42,399	11,812	22,055	31,164	26,961	9,230	23,714	9,564	18,261	8,112	19,444	9,342	15,266	19,518	4,100	10,453	18,797	12,606	12,961	5,666	10,350	-885	12,286	7,454	16,058	4,995	12,579	21,301	-536	13,345	17,953	8,997	5,319	7,033	10,315
Investing activities:
Cash acquired in acquisition, net of consideration paid
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	156,316	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities of securities available for sale
20,212	28,715	29,433	24,712	15,133	18,504	21,604	17,263	15,643	43,053	-7,108	13,928	14,069	23,962	21,363	16,307	10,052	9,166	10,445	8,661	5,280	4,790	5,762	6,305	7,159	9,700	12,297	14,185	17,286	18,369	19,298	19,037	20,060	26,537	18,127	17,213	22,139
Proceeds from maturities of securities held to maturity
15,592	17,608	18,800	18,254	13,684	14,734	17,616	18,052	18,535	21,402	22,608	20,287	22,074	38,001	32,702	30,148	20,815	24,013	24,693	25,604	19,474	15,445	9,179	5,818	3,730	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of securities available for sale
101,899	0	0	36,015	1,238	65,835	289,543	41,653	39,647	70,341	49,881	110,343	35,241	86,930	5,343	78,399	77,045	69,178	51,742	73,048	147,335	-	-	-	-	-	-	-	-	0	0	10,227	3,588	0	0	0	25,456
Purchases of securities held to maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	146,100	58,708	30,311	83,883	107,790	-	-	-	-	-	-	-	-	-	-	-	-
Net redemption of restricted equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	343	518	102	-	-	-	-
Loan origination and principal collections, net
70,833	126,348	79,551	69,089	11,351	-4,844	47,523	76,391	54,682	84,490	105,423	67,878	1,613	53,113	62,728	90,123	45,515	54,023	77,623	72,041	40,331	18,056	14,388	35,309	14,326	19,425	5,747	9,188	25,051	4,503	54,099	-47,796	33,795	-	-	-	-
Proceeds from sale of loans other than loans originated for resale
-	-	-	-	-	-	-	-	-	-	-	-	-	-5,851	-4,980	0	-27,049	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan principal (increases) decreases, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-24,056
Proceeds from sale of real estate owned
353	81	173	804	278	321	56	207	1,943	1,085	363	698	726	635	878	1,080	1,417	696	3,720	227	806	1,944	1,335	1,070	5,413	1,658	2,050	2,567	7,635	5,976	3,326	4,934	3,021	2,464	1,023	1,940	2,205
Improvement of foreclosed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-327	11	195	316	1	-1	0	462	-	-	-	-	509	85	164	225	-	-	0	17
Proceeds from sale of premises held for sale
-	-	-	-	-	-	-	-	-	-	0	0	3,338	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of premises and equipment
0	0	-11	0	11	-	-	-	-	-	-	-	-	451	1,230	0	1	6	0	1	1	1	0	116	4	3	7	1	1	-	-	-	-	0	0	0	1
Purchases of premises and equipment
761	1,223	484	936	1,650	1,699	1,617	1,919	2,200	4,290	4,989	3,472	2,413	882	995	1,629	7,424	2,672	1,524	587	706	808	1,374	906	1,577	1,542	1,071	2,459	3,241	3,715	2,357	3,782	938	845	217	2,200	88
Life insurance proceeds
-	-	-	-	-	-	-	-	-	0	0	367	282	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	706	-	-	-	2,811	-	-	-	-
Net cash from (used by) investing activities
-137,336	-75,993	93,607	-62,270	14,867	-29,130	31,940	-84,405	-60,408	-93,581	-118,673	-146,413	1,222	-72,025	-7,913	-145,119	85,666	-91,663	-92,042	-111,378	-309,227	100,146	-42,123	-128,898	-107,849	-57,348	-100,118	-192,869	47,438	18,427	-3,928	-37,480	52,227	47,145	82,461	915	22,840
Financing activities:
Net change in deposits
35,704	71,587	-46,766	-88,089	63,796	273,349	23,960	-7,182	75,273	81,675	49,034	-20,462	3,324	59,548	94,616	-43,644	-7,457	173,394	116,190	-7,806	-30,935	141,111	52,160	-25,924	637	117,172	26,609	-18,848	-4,152	88,063	35,862	-3,969	-20,790	70,313	43,593	-23,181	7,739
Net change in other borrowings
855	2,031	3,131	826	-3,373	-266,992	-35,008	87,798	-57,125	23,436	76,170	7,363	-2,296	-1,742	-229	793	6,343	5,469	124	-2,361	-180	-3,389	6,590	-644	384	-8,291	8,051	-1,550	-1,072	-67	-51,567	-8,243	-3,467	-10,378	1,647	1,453	-4,239
Equity compensation tax effect
-	-	-	-	-	-	-	-	-	-	-	-	-	337	0	-192	10	-11	-87	12	18	0	5	36	184	0	14	322	20	-	-	-	-	-	-	-	-
Repurchase of common stock, net of option exercises
17,147	0	2,196	-388	388	-	-	-	-	0	507	953	169	-	-	-	-	358	23	4	27	0	0	-1	293	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
6,664	6,714	6,710	5,793	5,782	5,785	5,171	3,910	3,903	3,903	3,900	3,897	3,431	3,430	3,424	3,423	3,418	3,121	3,255	2,958	2,515	2,485	1,775	1,775	1,772	1,769	1,769	1,766	1,441	1,440	1,439	1,440	1,438	1,438	1,438	1,439	1,427
Exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	0	35	310	173	0	91	164	405	0	89	221	306	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used from financing activities
12,748	66,913	-52,541	-92,668	54,253	-1,044	-16,420	76,258	14,245	101,411	120,797	-17,756	-2,572	53,207	90,949	-46,491	-4,349	175,373	113,040	-12,953	-33,234	135,237	57,069	-28,085	-554	107,112	33,055	-22,242	-6,645	86,677	-17,144	-13,523	-25,695	58,497	43,802	-23,188	2,073
Net change in cash and cash equivalents
-91,041	17,460	83,465	-143,126	91,175	990	42,481	1,083	-22,449	17,394	20,385	-156,057	18,094	-9,476	98,302	-172,092	85,417	94,163	39,795	-111,725	-329,500	241,049	25,296	-157,868	-96,117	57,218	-51,005	-210,116	53,372	126,405	-21,608	-37,658	44,485	114,639	131,582	-15,240	35,228
Supplemental disclosure of noncash activities:
Loans transferred to other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	697	3,425	1,694	-	1,384	2,731	1,523
Unrealized gain (loss) on securities available for sale
-29,561	-3,150	5,248	9,553	12,710	12,077	-8,400	-5,676	-15,628	50	-287	4,911	787	-22,255	-2,058	7,173	6,125	-1,155	3,997	-4,752	15	-29	-686	657	-104	-12,267	11,677	-2,569	-1,073	-1,792	168	-207	-265	-1,130	1,422	2,689	-387
Deferred gain on sale of premises held for sale
-	-	-	-	-	-	-	-	-	-	-	-	438	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Market value of shares tendered in-lieu of cash to pay for exercise of options and/or related taxes
148	266	147	4,048	647	362	453	667	4	-1,629	762	2,488	604	-	-	-	-	2,201	0	158	509	292	0	-223	2,482	-	-	-	-	-	-	-	-	-	-	-	-
Obligations incurred in conjunction with leased assets
3,393	-	-	-	32,006	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans transferred to foreclosed assets
0	918	215	0	116	-	-	-	-	837	42	599	85	552	1,100	437	416	1,053	2,538	405	1,244	816	359	3,403	713	8,219	-3,666	1,427	5,737	-	-	-	-	-	-	-	-
Supplemental disclosure of cash flow activity:
Cash paid for interest expense
3,746	4,162	3,821	3,593	3,389	3,795	3,511	2,392	2,107	728	1,743	1,599	1,539	1,416	1,392	1,454	1,415	1,370	1,341	1,401	1,508	1,212	1,178	1,091	1,160	1,122	1,176	1,198	1,298	1,475	2,110	2,182	2,215	2,470	2,515	2,893	2,837
Cash paid for income taxes
0	9,100	3,950	22,000	0	-	-	-	-	5,720	4,800	10,650	0	12,060	2,975	12,540	0	11,050	5,870	7,395	0	8,280	2,905	11,500	0	2,285	2,210	10,300	2,600	-	-	-	-	6,900	7,105	0	2,620
Assets acquired in acquisition and goodwill, net
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	161,231	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed in acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	161,231	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-