The community financial corporation (TCFC)
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
Cash Flows from Operating Activities
Net income

14,143

15,272

15,011

15,176

13,884

11,228

6,955

5,879

6,087

7,208

9,689

8,870

8,065

7,331

6,837

6,157

6,130

6,343

6,360

6,966

6,590

6,490

6,589

6,403

6,654

6,651

6,477

6,247

5,602

4,990

4,013

3,746

4,025

3,161

0

0

0

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

5,730

2,130

1,790

1,380

1,405

1,405

970

1,154

1,130

1,010

1,650

2,124

2,312

2,359

2,051

1,854

1,682

1,433

2,573

2,457

2,628

2,653

1,451

1,351

988

940

1,645

2,106

2,342

2,529

2,069

1,967

2,422

4,087

0

0

0

Depreciation and amortization

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

1,598

1,601

1,604

1,584

1,544

1,528

1,486

1,444

1,439

1,400

1,366

1,336

1,299

1,263

1,258

1,263

1,274

1,292

1,299

1,246

1,173

1,090

991

938

904

0

0

0

Loans originated for resale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,192

8,123

12,462

15,025

13,579

12,027

10,709

13,442

23,283

24,995

28,669

24,970

14,079

15,228

10,047

9,989

9,747

0

0

0

Proceeds from sale of loans originated for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,296

8,350

13,830

15,644

13,990

12,383

10,266

13,235

23,773

25,548

29,166

25,736

14,606

15,744

10,319

10,251

9,968

0

0

0

Gain on sale of loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

104

249

453

522

493

428

254

316

627

704

1,010

942

629

625

342

327

286

0

0

0

Net losses (gains) on the sale of OREO

175

188

0

0

0

-

-

-

-

43

40

43

-414

-436

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

88

0

0

0

-

-

-

-

Gains on sales of investment securities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gains on equity securities

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sales of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gains on sales of AFS investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Other Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net amortization of premium/discount on investment securities

81

96

89

28

-80

-215

-278

-360

-390

-393

-446

-440

-475

-509

-483

-465

-246

-245

-256

-241

-403

-344

-344

-364

-424

-540

-602

-592

-537

-470

-406

-365

-317

-245

0

0

0

Net accretion of merger accounting adjustments

918

864

732

654

595

750

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of core deposit intangible

664

688

712

736

760

784

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in right of use assets and lease liabilities

103

113

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in OREO valuation allowance

1,572

901

873

886

503

532

448

569

493

599

784

625

515

574

583

552

794

664

447

374

277

234

334

505

372

601

517

377

685

674

1,961

2,273

1,947

1,963

0

0

0

Increase in cash surrender value of bank owned life insurance

886

885

887

891

895

898

865

833

802

773

777

781

785

789

791

798

806

815

825

779

725

671

618

615

620

620

620

620

623

632

639

645

649

650

0

0

0

Increase in deferred income tax benefit

-1,483

-748

-1,039

-924

-301

-290

2,802

2,817

2,219

1,887

-943

-1,056

-1,019

-555

-596

-470

-550

-750

945

143

311

1,138

-367

580

758

-117

-223

-620

-701

-869

-1,411

-1,251

-943

-646

0

0

0

Increase in accrued interest receivable

-254

62

186

651

595

34

121

156

301

532

890

726

641

761

477

304

267

182

76

251

123

62

201

29

-36

70

-216

-176

32

-123

59

66

5

243

0

0

0

Stock based compensation

328

329

357

405

446

474

465

469

507

515

648

613

522

489

377

357

345

319

217

158

100

182

204

215

218

216

284

272

321

389

266

271

213

253

0

0

0

Net change due to deficit of fair market value over cost of leveraged ESOP shares released

-4

-3

0

8

21

33

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in net deferred loan costs

799

696

773

242

142

96

-116

268

1,058

689

3,496

2,713

1,115

1,552

-1,397

-718

-15

-85

-95

-259

-204

-265

-258

-119

-340

-307

-242

-409

-163

-132

-527

-305

248

139

0

0

0

Increase in accrued expenses and other liabilities

814

660

932

-45

-218

1,360

614

5,095

2,194

322

1,029

-2,412

404

1,414

235

-650

-456

1,770

798

384

1,502

-1,060

831

1,392

1,089

489

-257

-339

492

639

994

1,748

987

1,387

0

0

0

Decrease in other assets

189

2,139

-1,071

-1,803

-2,131

-3,670

-300

1,008

1,037

1,281

-3,234

-3,177

-4,365

-1,959

-805

-420

-864

-1,523

1,578

-435

8

-251

-1,168

520

1,545

1,377

-112

-805

-1,927

-2,599

-3,308

-4,280

-3,954

-542

0

0

0

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

10,167

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided by Operating Activities

19,991

15,690

18,415

18,382

18,223

19,400

13,753

15,795

11,203

10,102

0

0

0

-

-

-

-

-

-

-

-

-

11,129

10,112

9,240

8,507

9,730

10,000

11,604

12,031

12,090

13,538

12,513

10,322

0

0

0

Cash Flows from Investing Activities
Purchase of AFS investment securities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of AFS investment securities

-

-

-

-

-

66,137

62,089

39,148

26,224

26,251

33,001

29,354

34,359

31,312

15,164

11,650

4,574

2,084

2,086

3,255

3,253

3,253

3,259

95

13,517

13,517

28,927

28,929

25,536

25,542

12,158

29,011

18,991

18,994

0

0

0

Proceeds from redemption or principal payments of AFS investment securities

23,835

18,387

14,402

12,028

10,098

8,881

8,121

7,553

7,286

7,110

6,579

6,110

6,023

5,653

7,981

8,249

8,410

8,986

7,213

7,248

7,427

8,111

8,691

9,754

10,577

10,476

10,588

11,943

12,840

17,962

19,678

17,477

15,569

11,983

0

0

0

Purchase of HTM investment securities

8,232

11,471

11,752

11,265

13,387

11,130

9,360

11,413

13,119

13,135

25,459

24,623

15,540

24,504

0

0

0

-

-

-

-

16,230

4,580

1,500

1,500

11,683

16,790

26,440

26,440

16,357

39,224

73,291

73,291

72,541

0

0

0

Proceeds from maturities or principal payments of HTM investment securities

20,061

24,043

20,158

16,300

15,924

16,995

18,179

18,878

17,889

18,048

20,131

21,781

23,952

23,564

21,379

20,216

18,978

17,860

17,279

15,992

14,678

14,020

15,739

20,491

27,940

37,551

46,723

49,658

52,528

53,485

53,708

52,763

45,960

45,712

0

0

0

Proceeds from sale of AFS investment securities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of HTM investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66

3,096

3,096

3,096

6,209

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposal of asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of AFS investment securities

-

-

-

-

-

34,919

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net increase of FHLB stock

1,753

-374

1,963

-1,076

-1,714

-3,659

-5,103

-3,638

-2,321

41

1,273

2,740

1,163

303

-505

-1,546

-393

497

242

-110

554

842

843

-6

751

117

161

886

-359

-111

-323

-177

-365

-728

0

0

0

Loans originated or acquired

507,944

485,002

454,443

428,836

383,272

346,321

316,125

286,562

307,955

325,155

360,576

400,241

416,588

411,564

377,019

309,571

264,781

258,844

254,234

267,985

277,810

261,971

281,113

300,097

295,752

275,037

254,827

232,885

225,382

246,256

231,286

252,545

280,489

269,796

0

0

0

Principal collected on loans

380,083

373,165

343,209

328,494

296,180

289,690

294,221

277,418

279,478

260,303

261,803

257,838

243,188

234,587

215,292

191,149

202,918

205,100

195,603

213,356

199,786

193,113

200,324

204,449

217,386

220,810

223,425

218,118

208,047

203,352

192,024

200,990

197,545

204,254

0

0

0

Purchase of premises and equipment

439

808

1,524

1,763

2,106

1,777

903

621

429

779

955

1,200

1,758

3,970

4,622

5,312

5,058

3,450

3,133

3,054

2,850

2,355

2,387

1,726

1,523

1,035

715

1,266

2,799

4,514

6,372

6,819

6,754

5,212

0

0

0

Proceeds from sale of OREO

3,566

2,912

0

0

0

-

-

-

-

1,300

1,556

1,696

3,593

3,423

3,024

3,191

1,408

1,184

0

0

0

-

-

-

-

-

-

-

-

345

0

0

0

-

-

-

-

Net cash acquired in business combination

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from disposal of asset

-

-

-

-

-

-

-

-

-

-

-

-

-

2,044

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-93,204

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Used in Investing Activities

-111,300

-96,462

-123,339

-141,995

-142,266

-36,190

9,021

41,122

35,943

-69,564

0

0

0

-

-

-

-

-

-

-

-

-

-66,708

-61,057

-50,594

-31,241

-14,692

-5,362

-1,068

-12,146

-21,610

-79,985

-109,811

-93,890

0

0

0

Net Cash Provided by (Used in) Financing Activities [Abstract]
Net increase in deposits

73,421

82,208

107,590

170,579

153,238

124,169

155,146

36,835

34,917

67,412

86,425

94,330

101,190

131,925

129,296

93,090

96,108

37,515

52,459

81,841

45,372

48,089

12,572

33,862

10,265

1,064

-5,740

-31,093

-6,835

-7,023

9,937

61,842

83,681

102,670

0

0

0

Proceeds from long-term debt

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of long-term debt

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,000

10,000

10,000

10,000

15,000

0

0

0

-

-

-

0

-

-

-

-

Payments of long-term debt

-

-

-

-

-

55,100

55,064

35,063

20,062

20,061

20,059

10,059

10,058

5,058

20,058

20,057

20,057

19,055

4,055

4,054

4,804

804

5,803

5,803

5,051

5,051

50

49

49

49

48

48

47

10,047

0

0

0

Net increase in short term borrowings

-8,000

-30,000

10,000

-26,500

-16,500

-52,500

-86,500

-52,000

-46,000

8,500

36,000

60,500

67,000

43,000

41,500

16,000

9,500

34,000

0

0

0

-

-

-

-

-1,000

0

0

0

-

-

1,139

6,546

-816

0

0

0

Payments of subordinated notes

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Stock Options Exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

226

298

348

369

317

140

90

49

83

127

130

138

121

0

0

0

Proceeds from subordinated notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of Small Business Lending Fund Preferred Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

2,699

2,668

2,544

2,418

2,291

2,163

2,074

1,989

1,897

1,804

1,805

1,807

1,811

1,814

1,822

1,829

1,835

1,916

1,966

2,015

2,073

2,055

2,060

1,905

1,741

1,579

1,114

809

1,720

1,422

1,371

1,620

1,775

1,932

0

0

0

Net change in unearned ESOP shares

155

116

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

146

0

0

0

-

-

-

-

355

126

215

210

-2

41

-308

-409

-406

0

0

0

Repurchase of common stock

0

17

20

20

84

70

0

0

0

-

-

-

-

865

1,716

1,834

2,134

1,827

0

0

0

-

-

-

-

536

339

438

406

294

257

339

268

409

0

0

0

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

81,756

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided by Financing Activities

97,443

80,205

150,020

141,574

109,296

34,409

31,617

-52,852

-23,476

63,616

0

0

0

-

-

-

-

-

-

-

-

-

41,749

46,790

40,983

35,957

5,663

-1,083

-5,752

-7,707

7,994

64,479

91,548

92,862

0

0

0

Decrease in Cash and Cash Equivalents

6,134

-567

45,096

17,961

-14,747

17,619

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in Cash and Cash Equivalents

-

-

-

-

-

-

-

-

-

-

2,841

3,297

627

124

281

-28,909

-1,281

-10,234

1,015

30,514

-4,737

-3,146

-13,830

-4,155

-371

13,223

702

3,554

4,783

-7,822

-1,525

-1,967

-5,748

9,294

0

0

0

Supplemental Cash Flow Information [Abstract]
Cash Paid During the Period [Abstract]
Interest

18,189

18,914

18,334

20,367

15,899

14,246

12,861

8,704

10,802

10,001

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental Schedule of Non Cash Operating Activities
Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

7,564

-

6,871

6,232

6,386

6,661

6,857

7,054

7,319

7,648

8,169

8,872

9,794

10,653

11,698

12,504

12,835

13,223

0

0

0

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

5,325

3,961

4,691

3,854

3,604

3,591

2,675

3,657

3,732

3,563

3,614

3,994

4,069

3,920

3,806

2,426

2,226

1,500

2,471

2,381

2,381

0

0

0

Supplemental Schedule of Non-Cash Operating Activities
Issuance of common stock for payment of compensation

403

207

173

173

247

387

321

321

247

203

203

314

314

575

678

567

567

319

216

216

216

182

182

182

182

249

374

374

436

389

0

0

0

-

-

-

-

Transfer from loans to OREO

352

3,567

3,291

3,455

3,421

307

0

0

0

-

-

-

-

3,120

6,608

6,598

6,395

5,436

3,099

3,216

3,559

2,742

2,052

2,563

2,220

1,852

3,244

2,835

4,255

4,020

2,165

3,203

6,857

7,878

0

0

0

Financed amount of sale of OREO

0

280

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financed amount of sale of OREO

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Business Combination Non-Cash Disclosures
Assets acquired in business combination (net of cash received)

-

-

-

-

-

192,259

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities assumed in business combination

-

-

-

-

-

200,660

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock for payment of compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0