Two River Bancorp TRCB Cash Flow

Two river bancorp (TRCB)

CashFlow / Quarterly

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
Cash Flows From Operating Activities
Net income
2,115	3,048	2,783	3,046	2,834	2,650	2,676	335	2,237	2,128	1,802	2,567	2,644	1,727	1,693	1,751	1,692	1,461	1,443	1,459	1,688	1,420	1,450	1,414	1,380	1,205	1,160	1,240	1,234	1,186	1,155	1,202	1,105	1,078	923
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
190	163	148	211	154	160	166	177	214	185	189	194	195	191	200	206	208	202	182	160	158	145	133	139	127	214	231	190	160	165	165	143	179	187	194
Provision for loan losses
125	100	425	0	150	225	400	675	255	375	225	-345	470	390	0	90	120	190	90	100	0	238	283	200	250	280	180	430	330	270	350	350	730	600	525
Intangible amortization
-	-	-	-	-	-	-	-	-	-	-	0	0	0	9	10	10	9	19	19	19	20	28	29	29	29	38	38	39	38	48	48	47	48	58
Amortization of subordinated debt issuance costs
9	10	9	9	9	9	8	9	8	8	8	8	8	8	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net amortization of securities premiums and discounts
-150	-135	-152	-179	-213	-198	-186	-191	-217	-202	-218	-196	-183	-180	-155	-177	-176	-110	-94	-71	-58	-47	-46	-52	-63	-65	-79	-76	-78	-196	66	67	39	37	35
Earnings from investment in bank owned life insurance
127	128	126	-	133	132	130	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings from investment in bank owned life insurance
-	-	-	-	-	-	-	133	137	138	136	140	118	110	109	-	-	-	-	-	-	-	-	121	101	105	105	112	113	116	118	94	92	93	93
Proceeds from sale of mortgage loans held for sale
17,491	20,301	11,022	17,677	10,819	15,255	11,830	15,570	19,134	21,678	15,808	17,243	18,016	14,840	11,960	13,447	12,066	7,589	8,291	4,853	3,199	1,617	883	-	-	-	-	-	-	-	-	-	-	-	-
Origination of mortgage loans held for sale
17,426	19,542	10,819	17,448	10,626	14,621	11,963	16,051	16,501	23,583	13,345	17,302	17,443	17,435	8,702	14,423	11,801	6,743	9,124	5,472	4,095	1,380	1,016	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of mortgage loans held for sale
329	356	203	264	204	250	201	275	341	368	294	312	285	254	208	165	215	130	140	24	48	49	57	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of loans transferred from held for investment to held for sale
0	22	37	0	0	100	100	0	0	86	91	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized gain on sale of OREO
-	-	-	-	-	-	-	-	-	-	-	0	0	0	-45	-	-	-	-	0	27	-6	155	-	-	-	-	-67	0	-102	-28	0	81	305	-5
Impairment on OREO and repossessed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-27	0	-19	-362	0	0	-450	90	-	-	-	-
Stock-based compensation expense
117	112	83	95	82	75	65	77	58	75	69	69	82	40	40	32	46	54	54	47	33	42	45	42	38	26	48	47	44	46	38	41	37	37	39
Net realized gain on sale of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	9	13	15	-	-	-	-	65	0	0	153	-	-	-	0	-	-	-	-
Net realized gain on sale of securities held to maturity
-	-	-	-	-	-	-	-	-	-	-	0	0	0	72	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Death benefit on bank owned life insurance
0	0	17	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of SBA loans held for sale
567	1,308	3,319	276	1,290	386	1,412	572	4,056	1,708	3,408	1,779	1,327	3,813	941	3,315	520	1,394	1,751	141	1,081	1,277	2,091	0	230	0	955	0	0	1,987	0	-	-	-	-
Origination of SBA loans held for sale
525	1,178	3,113	0	0	1,086	0	1,080	338	2,064	4,686	3,091	1,211	3,448	847	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain from sale of SBA loans held for sale
42	130	206	276	203	387	331	235	306	394	117	293	116	365	94	252	32	101	176	14	106	118	160	0	24	0	85	0	0	187	0	-	-	-	-
Unrealized (gain) loss on equity securities
19	36	31	24	-19	-18	-40	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net non-cash operating lease right-of-use assets and lease liabilities
2	3	130	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease (increase) in assets:
Accrued interest receivable
-369	136	210	-399	275	215	-62	241	-24	247	-144	306	-108	155	-31	145	89	24	18	38	1	-122	-41	-2	-175	152	-99	-99	45	11	-1	121	-27	-111	34
Other assets
-266	500	-359	189	356	591	-25	-38	-47	182	108	-399	-42	246	31	330	-230	411	-924	828	-110	16	-261	-1,078	96	-822	-108	-628	311	997	-569	-514	-460	452	-66
Increase (decrease) in liabilities:
Accrued interest payable
-13	-59	34	22	19	9	-1	-44	20	-4	-2	11	5	-1	-33	69	-37	-19	59	-9	-8	31	-34	-48	54	8	-18	5	-3	7	-46	24	-22	19	-7
Other liabilities
922	-859	-10	624	1,059	-466	614	-145	1,175	-1,502	1,506	310	711	445	21	159	400	742	-568	63	601	141	-92	219	269	-339	-140	783	173	396	-155	-61	293	-356	73
Net Cash Provided by Operating Activities
4,212	2,045	3,692	3,889	4,740	1,137	4,758	872	9,468	-2,183	4,598	-	-	-	-	368	-400	3,987	2,755	5,248	1,446	2,150	1,541	3,079	2,159	2,072	1,804	2,676	1,618	1,281	2,191	1,635	2,578	1,005	1,784
Net Cash Provided by Operating Activities
-	-	-	-	-	-	-	-	-	-	-	-	3,756	-380	5,006	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of securities available for sale
-	-	0	-	-	-	2,996	2,500	0	0	0	5,781	0	0	2,257	0	1,000	18,207	1,500	6,500	7,759	0	2,993	0	2,539	6,619	6,305	8,600	3,502	5,778	0	5,578	12,258	6,626	5,750
Purchase of securities held to maturity
0	0	0	0	3,077	1,360	598	12,163	2,661	634	0	16,003	80	5,739	3,391	5,576	6,466	11,777	1,478	6,324	2,092	1,320	1,511	7,579	6,412	2,667	250	7,714	1,210	3,169	0	2,702	640	1,713	938
Proceeds from repayments, calls and maturities of securities available for sale
2,561	1,065	919	959	2,760	3,340	1,048	1,168	1,438	1,314	1,679	2,183	1,645	1,594	1,359	1,785	2,418	1,859	1,854	1,631	1,527	3,014	1,389	1,636	2,278	2,422	1,317	2,739	5,521	1,180	2,135	4,003	1,887	6,264	1,942
Proceeds from repayments, calls and maturities of securities held to maturity
3,719	1,944	1,502	10,038	3,310	1,114	668	11,107	1,239	1,842	659	4,397	882	3,522	354	5,176	-67	1,019	1,056	7,930	1,039	1,049	4,561	6,296	802	1,039	1,646	1,850	809	45	885	284	0	0	3,422
Proceeds from sales of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,001	21,805	1,500	4,250	5,474	103	0	5,872	0	0	5,881	-	-	-	0	-	-	-	-
Proceeds from sales of securities held to maturity
-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,076	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of loans transferred from held for investment to held for sale
0	1,106	1,973	0	0	4,950	5,080	0	0	3,719	4,638	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in loans
6,782	8,486	29,369	20,398	11,072	22,878	26,539	35,026	21,155	35,843	14,365	-1,348	28,004	21,948	11,001	17,372	4,531	35,148	14,210	13,312	3,390	21,847	-8,185	17,589	8,637	1,120	8,308	16,341	6,184	14,381	7,442	14,499	-2,935	881	9,222
Purchases of premises and equipment
343	495	404	117	31	137	84	1,066	349	73	854	21	149	172	17	85	62	453	302	554	593	607	306	1,422	46	90	142	1,062	22	164	35	49	64	67	74
Purchase of restricted investments, net
-	-	65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-	-	-	-
Improvements on OREO
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1	206	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of restricted investments, net
-	-	-	85	92	308	167	-92	236	300	181	-157	1,050	155	161	42	-68	53	540	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Improvements on OREO
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-66	-	-	-	-
Purchase of bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-223	112	111	113	116	116	115	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from death benefit of bank owned life insurance
0	0	181	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of OREO
-	-	-	-	-	-	-	-	-	-	-	0	0	0	107	-	-	-	-	1	442	1,289	769	-	-	-	-	1,774	0	3,582	691	0	1,245	1,200	407
Net Cash Used In Investing Activities
-1,170	-5,601	-25,133	-9,603	-8,202	-16,528	-23,588	-38,388	-21,508	-29,975	-8,424	-	-	-	-	-16,114	-1,740	-39,835	-13,620	-	-	-	-	-12,470	-16,572	-7,093	-5,206	-24,406	-4,588	-17,506	-3,827	-22,824	-2,946	-632	-10,213
Net Cash Used In Investing Activities
-	-	-	-	-	-	-	-	-	-	-	-	-29,152	-22,898	-13,931	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash Flows From Financing Activities
Net cash (used in) provided by investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,979	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in deposits
-9,295	12,937	42,301	11,609	24,866	9,975	9,347	39,685	11,147	11,020	23,138	37,320	12,983	-840	18,668	17,771	4,270	31,070	12,935	14,625	1,119	-1,213	-5,590	7,712	20,991	1,005	-3,029	29,099	5,771	11,055	6,933	9,815	-16,855	24,284	12,197
Net decrease in securities sold under agreements to repurchase
922	-1,023	-4,217	-2,751	2,275	1,406	-8,648	4,544	-3,247	4,386	1,522	1,270	-3,038	1,551	587	-1,758	-6,613	7,146	-2,520	-4,272	8,401	381	340	-113	-855	-1,156	3,854	-2,156	-67	253	2,462	-1,333	1,178	-1,102	2,618
Proceeds from FHLB and other borrowings
0	0	20,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of FHLB and other borrowings
1,000	0	21,800	2,000	0	0	1,300	9,500	1,500	0	1,000	10,000	1,500	0	2,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	12,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid - preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	15	15	15	27	30	30	30	30	60	105	130	130	31	150	137	126	91	113	112
Cash dividends paid – common stock
617	607	476	472	472	384	382	381	379	336	319	318	319	278	278	278	278	238	238	236	239	238	160	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from employee stock purchase plan
20	18	16	14	17	15	17	15	19	18	15	16	13	13	14	16	13	15	12	14	12	13	11	13	10	11	10	11	11	13	11	-	-	-	-
Proceeds from exercise of stock options
314	65	179	78	107	66	172	10	105	107	54	15	16	20	53	10	39	27	37	0	30	67	15	77	63	100	155	0	56	19	49	44	87	93	43
Common stock repurchased
-	-	-	-	-	-	-	-	-	-	-	0	142	0	6	0	253	0	244	0	128	207	862	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit related to stock compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	3	1	2	1	2	2	2	7	43	9	2	-	-	-	-	-	-	-	-
Net Cash Provided by Financing Activities
-	-	-	-	-	-	-	-	-	-	-	-	21,013	466	16,338	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit of stock options exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	7	21	8	5
Net Cash Provided by Financing Activities
-9,662	10,908	36,003	6,227	26,793	11,078	-794	39,432	13,645	15,195	23,410	-	-	-	-	19,575	-4,334	38,006	21,969	4,105	7,667	-1,225	-6,274	10,978	20,010	-304	862	26,825	5,743	11,197	9,320	7,961	-12,694	23,174	14,751
Net Increase (Decrease) in Cash and Cash Equivalents
-6,620	7,352	14,562	-	23,331	-4,313	-19,624	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (Decrease) Increase in Cash and Cash Equivalents
-	-	-	-	-	-	-	1,916	1,605	-16,963	19,584	15,132	-4,383	-22,812	7,413	3,829	-6,474	2,158	11,104	-7,906	5,086	-16,181	7,246	1,587	5,597	-5,325	-2,540	5,095	2,773	-5,028	7,684	-13,228	-13,062	23,547	6,322
Supplementary cash flow information:
Interest paid
3,269	3,106	2,692	-	-19	1,928	1,668	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	1,589	1,388	1,395	1,365	1,365	1,303	1,271	1,243	950	1,010	986	845	873	859	835	905	893	928	934	1,048	1,108	1,129	1,150	1,268	1,252	1,324	1,329	1,319
Income taxes paid
1,025	2,222	4	1,315	1,410	2,122	7	1,360	1,207	2,647	3	1,058	980	983	1,317	1,156	936	947	250	1,150	948	817	450	755	843	1,772	350	635	1,078	1,457	100	755	431	1,916	200
Supplemental schedule of non-cash activities:
Other real estate acquired in settlement of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	266	259	-	-	-	-
Transfer of loans held for investment to loans held for sale
0	1,084	1,936	0	0	4,800	5,000	20	0	3,633	4,547	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-