TRUSTCO BANK CORP NY TRST Cash Flow

Trustco bank corp ny (TRST)

CashFlow / TTM

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
Cash flows from operating activities:
Net income
56,595	57,840	59,966	60,457	61,195	61,445	52,774	50,171	47,006	43,145	46,581	44,913	43,139	42,601	41,983	41,671	41,932	42,238	42,718	42,816	43,897	44,193	44,162	43,700	41,655	39,812	38,989	38,490	37,793	37,534	36,442	35,914	34,614	33,087	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation
3,943	3,954	4,396	4,145	4,177	4,109	3,630	3,864	3,812	3,816	3,824	3,865	3,923	4,038	4,156	4,294	4,442	4,554	4,644	4,675	4,718	4,776	4,821	4,908	4,966	5,017	5,053	5,066	5,068	5,032	5,007	4,932	4,868	4,836	0	0	0
Amount of amortization expense attributable to right-of-use asset from operating lease.
6,039	5,989	4,420	2,941	1,470	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on sale of other real estate owned
1,092	1,316	1,050	858	782	613	276	637	870	924	914	442	489	298	300	434	239	373	452	419	2,772	2,599	2,923	3,027	407	509	300	-44	-108	-364	-751	-602	-576	-478	0	0	0
Writedown of other real estate owned
306	366	389	815	710	769	922	939	1,082	1,071	1,154	998	1,084	1,242	1,273	1,399	1,230	1,143	1,301	1,319	1,591	1,967	1,892	2,066	2,644	2,166	1,971	1,683	832	1,059	1,373	1,253	2,782	3,454	0	0	0
Net gain on sale of building held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,556	1,556	1,556	1,556	0	0	0	0	-	-	-	-	-	-	-	-
Provision for loan losses
1,859	159	459	759	1,400	1,400	1,200	1,450	1,700	2,000	2,300	2,500	2,750	2,950	3,650	3,700	3,700	3,700	3,400	3,700	4,400	5,100	5,600	6,000	6,500	7,000	8,500	9,900	10,900	12,000	13,200	15,400	17,250	18,750	0	0	0
Deferred tax expense
1,487	1,139	2,729	3,146	3,359	2,556	-634	-806	-856	-183	484	2,743	3,808	3,261	4,078	4,055	1,941	3,011	4,250	1,623	2,192	2,964	480	109	-321	-1,426	1,098	1,573	1,561	1,440	-412	-1,102	-808	-2,336	0	0	0
Net amortization of securities
-3,141	-2,971	-2,816	-2,735	-2,920	-3,147	-4,541	-3,807	-4,127	-4,326	-3,528	-4,777	-4,948	-4,986	-5,054	-5,027	-5,118	-5,486	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock based compensation expense
21	5	21	90	133	173	188	148	136	150	170	191	210	224	228	220	212	204	209	248	286	325	392	380	377	378	383	397	403	405	444	392	340	287	0	0	0
Net gain on securities transactions
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	251	584	960	960	717	570	194	1,626	1,622	2,197	2,863	1,486	2,161	1,530	1,022	2,392	1,428	0	0	0
Net (gain) loss on sale of bank premises and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	480	480	62	-4	0	0	0	1	1	1	1	1	16	17	17	19	3	0	0	0	-	-	-	-
Decrease (increase) in taxes receivable
-5,749	-2,049	-2,865	-1,410	-3,452	-1,683	-4,097	-3,348	-4,748	-6,124	493	-1,170	6,035	921	-2,231	-3,691	-3,834	-3,510	-4,984	-1,273	-10,052	-723	3,447	-2,556	2,463	38	-2,607	-1,944	-799	-1,390	2,615	2,952	-1,514	-473	0	0	0
Decrease (increase) in interest receivable
-1,112	-426	186	1,008	775	-100	739	46	-163	371	-59	579	744	808	525	-103	-378	-538	-444	-543	-567	-398	-909	-734	-1,532	-554	-1,003	-824	629	-2,200	-152	42	-1,772	774	0	0	0
(Decrease) increase in interest payable
-213	435	756	857	807	487	308	233	155	11	-26	-56	-39	25	-12	3	-21	-47	8	49	99	80	62	41	15	19	-29	-217	-306	-313	-303	-216	-180	-311	0	0	0
Increase in other assets
4,639	4,013	6,295	6,594	6,985	6,386	856	110	259	310	-953	1,786	2,042	1,677	5,612	5,293	3,175	4,168	7,739	5,083	5,872	7,239	2,145	1,786	-4,585	-7,047	-1,832	-1,909	3,150	2,780	-1,713	-2,398	-2,235	-4,614	0	0	0
Amount of increase (decrease) in operating lease liabilities classified as operating activities.
-6,160	-6,093	-4,489	-2,983	-1,488	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in accrued expenses and other liabilities
-1,276	-110	1,784	-914	-1,331	-1,229	-2,112	98	1,355	2,792	3,673	1,928	729	419	-2,547	-1,208	-59	463	4,514	3,204	3,820	1,123	2,265	1,958	2,113	4,577	3,066	3,437	2,994	2,462	1,072	1,231	-112	192	0	0	0
Total adjustments
9,119	5,958	8,612	4,538	7,066	6,195	10,268	12,331	15,336	18,545	14,755	14,891	6,952	12,293	10,524	14,825	17,363	17,770	24,571	18,542	25,098	10,802	12,709	19,118	23,288	30,077	22,970	23,680	17,075	21,095	8,846	20,868	28,415	28,231	0	0	0
Net cash provided by operating activities
65,714	63,798	68,578	64,995	68,261	67,640	63,042	62,502	62,342	61,690	61,336	59,804	50,091	54,894	52,507	56,496	59,295	60,008	67,289	61,358	68,995	54,995	56,871	62,818	64,943	69,889	61,959	62,170	54,868	58,629	45,288	56,782	63,029	61,318	0	0	0
Cash flows from investing activities:
The cash inflow associated with the sale and calls (requests of early payments) of debt and equity securities classified as available-for-sale securities.
274,325	192,003	114,611	73,199	69,243	78,230	80,426	100,536	128,882	124,624	149,740	184,948	217,786	245,929	275,108	310,901	251,243	254,955	237,734	219,055	232,377	321,074	330,025	273,853	449,529	417,204	653,717	926,477	1,040,665	1,204,250	1,162,050	1,370,055	1,422,531	1,171,945	0	0	0
Proceeds from calls and maturities of held to maturity securities
3,718	3,710	3,626	3,983	4,524	5,050	5,806	16,478	17,096	17,939	18,762	9,476	10,304	10,975	11,968	12,859	13,686	14,481	14,181	14,383	14,876	15,269	17,099	20,863	35,837	57,211	64,673	69,966	60,968	83,165	89,471	107,972	114,609	87,320	0	0	0
Proceeds from maturities of securities available for sale
5,052	10,052	10,656	10,656	30,604	45,604	50,000	50,000	30,000	5,000	0	0	0	-	-	-	-	-	-	-	-	11,206	12,010	12,010	7,060	13,060	10,098	11,598	12,062	2,462	9,474	12,078	15,813	20,243	0	0	0
Purchases of securities available for sale
218,444	262,754	261,066	177,764	83,686	61,807	78,261	86,731	80,350	83,031	90,726	187,269	292,087	275,303	307,479	236,153	180,016	189,823	140,256	105,450	151,636	126,113	152,425	212,928	151,624	423,547	550,690	733,816	1,043,223	1,199,986	1,226,747	1,583,616	1,500,832	1,207,157	0	0	0
Purchases of held to maturity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,303	51,264	122,199	122,199	111,896	0	0	0
Net decrease (increase) in loans
242,938	193,283	164,047	169,665	198,135	241,149	251,916	238,867	223,600	212,028	197,671	172,023	155,933	146,629	117,230	112,611	120,137	148,532	211,215	250,187	267,478	266,630	266,320	261,154	257,302	243,937	248,917	230,495	206,620	190,843	155,162	156,946	188,937	188,776	0	0	0
Net proceeds from sale of building held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,745	4,745	4,745	4,745	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds from dispositions of other real estate owned
5,088	5,622	4,336	3,501	3,850	4,071	3,663	4,790	4,981	5,362	6,501	5,803	7,174	6,768	6,907	7,699	7,420	7,511	7,160	9,612	12,594	12,972	15,314	13,219	10,999	10,967	8,940	9,159	8,287	9,760	9,848	11,475	10,995	9,013	0	0	0
Proceeds from dispositions of bank premises and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	674	679	104	79	112	148	152	155	139	98	53	35	16	17	17	19	3	0	0	0	-	-	-	-
Purchases of bank premises and equipment
3,955	3,894	3,351	2,682	3,365	3,646	3,878	4,317	3,983	3,613	2,785	2,444	1,911	2,055	2,959	3,029	3,073	3,744	4,843	6,269	8,417	8,497	7,246	5,938	7,101	6,381	5,550	5,499	3,756	4,265	6,315	6,771	5,695	5,213	0	0	0
Net cash provided by (used in) investing activities
-177,369	-248,759	-295,462	-258,999	-177,138	-173,820	-194,270	-157,278	-126,111	-144,884	-113,980	-159,638	-212,161	-157,791	-130,029	-17,253	-27,025	-61,267	-93,640	-113,528	-159,051	-34,563	-45,428	-155,728	91,310	-176,275	-68,580	45,911	-132,226	-106,385	-171,407	-370,033	-255,798	-226,604	0	0	0
Cash flows from financing activities:
Net increase in deposits
68,759	175,769	261,243	206,997	177,989	100,921	34,562	46,856	36,611	-22,837	-2,876	27,787	55,981	95,785	71,445	43,186	25,320	68,137	111,752	142,254	129,950	105,170	90,673	102,311	129,538	122,878	117,915	-5,774	6,330	68,220	95,926	246,119	258,309	181,886	0	0	0
Net decrease in short-term borrowings
-11,688	-13,227	-25,282	-15,959	-44,132	-81,098	-40,131	-50,916	-17,036	33,585	37,304	43,079	51,418	18,180	-5,201	19,792	-25,210	2,110	4,448	-10,766	-673	-15,046	-5,269	5,191	24,392	44,316	23,475	25,607	12,017	12,283	18,670	21,911	21,292	22,948	0	0	0
Proceeds from exercise of stock options
150	185	153	591	1,274	1,259	4,638	4,345	3,754	5,237	2,466	2,461	2,871	1,368	808	550	48	147	152	230	230	131	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Stock based award tax withholding payments
-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of treasury stock
1,197	1,791	2,400	2,395	2,391	2,391	2,384	2,414	2,441	2,480	2,367	2,396	2,425	2,447	2,607	2,616	2,650	2,670	2,724	2,772	2,802	2,850	2,867	2,879	2,896	2,908	2,925	2,935	2,924	2,913	2,886	2,878	2,885	2,900	0	0	0
Purchases of treasury stock
3,493	35	35	374	753	718	3,643	3,484	3,105	4,608	1,683	1,715	2,204	701	749	537	48	147	381	381	381	282	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
26,404	26,385	26,367	26,107	25,838	25,569	25,293	25,262	25,229	25,197	25,165	25,126	25,096	25,064	25,032	25,007	24,978	24,950	24,927	24,902	24,876	24,851	24,822	24,791	24,759	24,724	24,689	24,655	24,620	24,587	24,544	23,473	22,402	21,333	0	0	0
Net cash provided by financing activities
28,521	138,098	212,112	167,543	110,894	-2,851	-27,520	-25,751	-2,252	-11,340	12,413	48,581	85,083	92,015	43,878	40,568	-22,218	47,967	93,768	109,207	107,052	67,972	63,563	85,626	132,103	145,414	119,626	-1,887	-3,349	58,829	92,938	315,013	327,662	253,979	0	0	0
Net increase in cash and cash equivalents
-83,134	-46,863	-14,772	-26,461	2,017	-109,031	-158,748	-120,527	-66,021	-94,534	-40,231	-51,253	-76,987	-10,882	-33,644	79,811	10,052	46,708	67,417	57,037	16,996	88,404	75,006	-7,284	288,356	39,028	113,005	106,194	-80,707	11,073	-33,181	1,762	134,893	88,693	0	0	0
Supplemental Disclosure of Cash Flow Information:
Cash paid during the year for: [Abstract]
Interest paid
36,911	35,886	32,407	31,818	22,920	19,741	17,560	11,847	14,967	14,581	14,569	14,827	15,151	15,279	15,490	15,729	15,902	16,244	16,396	16,190	15,759	15,408	15,178	15,052	15,193	15,264	15,496	16,504	18,237	20,288	22,323	24,109	25,258	26,555	0	0	0
Income taxes paid
12,770	16,806	14,844	18,167	14,497	16,359	21,397	22,843	26,501	26,127	25,058	22,817	28,284	23,494	23,090	20,431	20,328	21,005	19,984	24,644	16,644	26,727	30,732	24,272	27,876	23,821	20,616	21,282	21,933	21,052	25,146	24,563	19,050	18,824	0	0	0
Other non cash items:
Transfer of loans to other real estate owned
4,324	4,575	3,778	3,514	2,849	2,656	3,736	4,076	4,192	4,487	4,852	5,342	5,276	5,525	6,755	7,158	7,137	8,295	7,476	8,325	9,364	10,620	11,450	10,776	12,944	12,648	11,747	17,361	15,390	14,623	0	0	0	-	-	-	-
Transfer of other real estate owned to fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	568	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0
Transfer of building to other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,189	0	0	0	-	-	-	-	-	-	-	-
The net change during the reporting period in cash disbursements due to share holders, representing the shareholders' declared portion of profits.
2	-215	22	259	260	261	263	25	29	29	28	31	29	29	31	29	27	24	24	25	26	29	29	30	32	34	35	35	35	34	42	1,070	1,070	1,069	0	0	0
Change in deferred tax effect on unrealized gain on securities available for sale
-5,052	-3,757	-5,654	-3,958	-1,666	1,384	4,745	3,301	1,538	-792	4,052	4,478	4,256	1,514	-2,021	-5,213	-1,461	531	-4,806	-1,014	-7,724	-9,528	-4,067	-5,300	10,281	14,480	13,339	11,750	-317	-3,166	-4,940	-1,070	-4,725	-3,045	0	0	0
Change in unrealized (loss) gain on securities available for sale-gross of deferred taxes
-	-	-	-	-	-	-	-	-	-	-	-	-10,640	-	5,044	13,024	3,645	-1,330	12,113	2,613	19,524	23,913	10,147	13,253	-25,923	-36,313	-33,454	-29,468	795	7,939	12,387	2,680	11,849	7,634	0	0	0
Amortization of net actuarial gain and prior service credit on pension and postretirement plans
-553	-471	-614	-758	-740	-656	-454	-241	-208	-199	-182	-119	-96	0	81	133	243	160	97	193	-8	-98	-22	-133	22	205	101	83	79	44	52	-25	-227	-177	0	0	0
Change in deferred tax effect of amortization of net actuarial gain and prior service credit on pension and postretirement benefit plans
143	122	159	196	192	170	-53	-101	-103	-100	73	47	39	0	-32	-52	-97	-63	-39	-77	4	38	8	51	-12	-82	-40	-33	-31	-18	86	82	28	72	0	0	0
Right-of-use assets obtained in exchange for lease obligations:
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amount of increase in operating lease liability.
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-