First financial corp /in/ (THFF)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income

48,872

46,583

29,131

38,413

30,196

33,772

31,534

32,812

37,195

28,044

22,720

Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization (accretion) of premiums and discounts on investments

4,848

3,622

3,786

3,695

2,940

3,405

2,712

3,492

274

-840

-2,442

Provision for loan losses

4,700

5,768

5,295

3,300

4,700

5,072

7,860

8,773

5,755

9,200

11,870

Securities (gains) losses

44

2

59

34

-

-

-

-

-

-

-

Provision for deferred income taxes

-2,841

-2,428

-4,241

-1,512

-924

2,873

-39

-143

624

-5,940

-2,043

Net change in accrued interest receivable

903

1,057

602

578

140

39

-470

-923

-500

797

-1,076

Contribution of shares to ESOP

1,251

1,087

1,062

1,361

1,294

1,253

1,218

1,439

1,558

1,347

-

Gain on Sale of certain assets and liabilities of Insurance Brokerage Operation

0

0

0

12,822

0

0

-

-

-

-

-

Securities impairment loss recognized in earnings

-

-

-

-

-

-

-

11

110

4,260

10,769

Securities (gains) losses

-

-

-

-

17

-3

423

886

6

1,321

4

Stock compensation expense

801

745

706

684

684

1,072

733

488

0

0

971

Gain (Loss) on Sale of Mortgage Loans

2,573

1,829

1,688

1,842

1,998

1,849

3,052

4,590

1,957

2,206

2,291

Loss on sale of student loans

-

-

-

-

-

-

-

-

-

-

-399

Gain on sale of credit card loans

-

-

-

-

-

-

-

-

-

-

2,549

Gain on purchase of business unit

-

-

-

-

-

-

-

-

-

-

5,057

(Gain) loss on sale of other real estate

-44

-86

-108

-93

-116

357

-182

-69

-370

-283

-196

Depreciation and amortization

4,826

4,164

4,426

4,968

5,490

5,977

5,482

5,105

3,897

4,643

4,199

Origination of loans held for sale

79,454

57,418

62,712

68,945

72,303

66,300

112,483

167,303

83,938

-

-

Proceeds from loans held for sale

79,454

62,098

66,265

71,010

75,542

68,438

121,092

167,227

86,601

116,462

146,625

Other, net

-9,080

-3,971

8,658

3,401

-4,325

4,524

7,411

7,160

-7,739

-10,293

8,424

NET CASH FROM OPERATING ACTIVITIES

49,901

57,448

50,135

41,192

41,255

57,844

62,697

54,577

43,244

48,560

29,390

CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sales of securities available-for-sale

3,259

0

9,743

0

3,735

356

5,110

25,812

25

12,248

-

Calls, maturities and principal reductions on securities available-for-sale

181,763

143,157

141,819

168,506

150,315

136,141

158,317

142,475

139,179

223,862

128,349

Purchases of securities available-for-sale

129,466

124,333

111,138

150,893

149,181

99,954

417,997

194,475

134,770

211,062

88,532

Increase (Decrease) in Federal Funds Sold

-7,500

0

6,952

2,863

-1,815

-3,724

16,524

-9,075

1,044

16,472

-12,046

Loans made to customers, net of repayment

47,169

52,905

72,463

80,434

-12,901

-325

-41,643

-29,619

22,074

132,997

265,976

Purchase of bank owned life insurance

-

-

-

-

-

-

-

1,551

4,500

0

-

Purchases of customer list

-

-

-

-

-

-

-

-

-

0

-

Redemption of bank owned life insurance

-

-

-

-

-

-

-

-9,180

0

0

-

Proceeds from Sale of Restricted Investments

3,588

0

0

500

5,587

4,670

250

1,185

4,952

2,527

-

Payments to Acquire Restricted Investments

4,164

11

20

21

21

17

15

186

0

0

-

Proceeds from sale

-

-

-

16,895

0

0

-

-

-

-

-

Cash received from sale of student loans

-

-

-

-

-

-

-

-

-

-

13,347

Cash received from sale of credit card loans

-

-

-

-

-

-

-

-

-

-

14,689

Cash received (disbursed) from acquisitions

-

-

-

-

-

-

177,610

0

14,849

-609

30,977

Proceeds from sales of other real estate owned

756

1,781

1,419

1,583

1,638

3,034

4,714

4,285

4,573

3,727

2,448

Additions to premises and equipment

1,103

2,013

2,979

3,049

3,393

5,296

2,522

10,945

1,476

2,406

6,655

NET CASH FROM INVESTING ACTIVITIES

-32,866

-34,324

-26,667

-44,050

19,663

35,535

-16,366

-3,790

1,802

28,224

-36,774

Payments to Acquire Intangible Assets

-

-

-

0

103

0

0

-

-

-

-

Payments To Acquire Customer List

-

-

-

-

-

-

-

114

0

0

-

Payments to Acquire Businesses, Net of Cash Acquired

32,830

0

0

-

-

-

-

-

-

-

-

CASH FLOWS FROM FINANCING ACTIVITIES:
Net change in deposits

104,113

-21,926

30,121

-13,906

-14,899

-2,151

-7,544

149

10,202

113,180

80,359

Proceeds from (Payments for) in Securities Sold under Agreements to Repurchase

-55,147

11,970

-23,303

47,158

-14,184

-11,577

19,041

-59,471

36,746

3,670

8,936

Maturities of other borrowings

217,000

115,600

170,132

66,672

36,812

617,000

196,097

26,090

3,994

208,944

172,416

Proceeds from FHLBank Borrowings, Financing Activities

217,000

115,600

170,000

54,350

36,900

572,000

135,000

0

0

2,000

120,000

Purchase of treasury stock

315

391

503

19,396

8,698

14,633

162

0

0

610

616

Dividends paid

12,648

12,496

30,556

12,359

12,632

12,949

12,766

12,425

12,231

11,940

11,806

Net Cash Provided by (Used in) Financing Activities

36,003

-22,843

-24,373

-10,825

-50,325

-86,310

-62,528

-97,837

30,723

-102,644

24,457

SUPPLEMENTAL DISCLOSURES OF CASH FLOW AND NONCASH INFORMATION:
SUPPLEMENTAL DISCLOSURES OF CASH FLOW AND NONCASH INFORMATION:
Interest

16,339

9,408

6,337

4,432

4,237

5,527

9,375

13,837

17,358

28,051

40,005

Income Taxes

9,595

7,185

11,158

18,739

12,869

9,354

13,822

12,638

16,565

15,713

13,485

NET CHANGE IN CASH AND CASH EQUIVALENTS

53,038

281

-905

-13,683

10,593

7,069

-16,197

-47,050

75,769

-25,860

17,073