TriState Capital Holdings, Inc. TSCAP Cash Flow

Tristate capital holdings, inc. (TSCAP)

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
Cash flows from operating activities:
Net Income (Loss) Attributable to Parent
12,895	14,604	16,334	14,691	14,564	15,120	14,311	14,592	10,401	12,043	10,032	8,421	7,492	7,571	8,454	6,773	5,843	5,586	6,118	5,728	5,056	5,092	5,706	514	4,616	4,810	1,330	3,872	2,855	1,956	2,952	2,978	2,786
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and intangible amortization expense
1,005	935	904	901	906	884	896	887	842	843	842	833	848	836	780	754	707	703	720	735	724	701	693	689	423	278	268	262	250	247	230	196	205
Amortization of deferred financing costs
0	0	0	33	51	51	51	51	50	51	51	50	51	50	51	50	51	51	51	50	51	51	51	16	0	-	-	-	-	-	-	-	-
Provision for Loan and Lease Losses
2,993	728	-607	-712	-377	-581	-234	415	195	-1,665	283	516	243	1,178	-542	80	122	244	-1,341	185	925	-209	651	9,109	608	473	4,911	671	2,132	3,024	1,537	2,393	1,231
Net gain on the sale of loans
-	-	-	-	-	0	0	0	19	0	0	0	17	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision (credit) for losses on unfunded commitments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-31
Net decrease in prepaid FDIC insurance expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-335	-314	-244	-391
Stock-based compensation expense
2,319	2,334	2,448	2,313	1,730	2,129	2,129	1,944	1,998	1,652	1,690	1,676	854	873	997	902	795	587	442	481	439	233	224	240	199	163	126	194	171	212	233	222	222
Net gain on the sale or call of debt securities available-for-sale
15	52	134	109	17	-76	0	1	2	56	0	241	-2	0	14	16	1	16	0	0	17	0	0	414	1,014	13	0	0	784	-	-	-	-
Income from equity securities
0	-39	31	131	719	-813	74	-36	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from debt securities trading
239	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on the call of debt securities held-to-maturity
42	18	72	3	11	0	0	0	3	0	15	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from investment securities trading
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4	-8	124	49	223	97	138
Net gain on the sale of investment securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,015	0
Purchase of debt securities trading
20,932	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	14,224	38,268	24,752	24,667	39,645	9,872	34,773
Proceeds from the sale of debt securities trading
21,171	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	28,288	24,214	24,876	24,717	39,868	9,968	34,913
Net amortization (accretion) of premiums and discounts on debt securities
-15	24	-19	-26	5	-55	-120	-197	-234	-235	-242	-241	-201	-201	-224	-239	-219	-186	-208	-145	-213	-242	-251	-370	-474	-489	-493	-496	-708	-656	-591	-502	-456
Decrease (increase) in investment management fees receivable, net
-904	107	-354	-87	595	-767	231	309	-194	420	-118	-307	-24	-417	492	694	-123	-103	-236	88	-376	431	-494	146	1,431	0	0	0	0	-	-	-	-
Decrease (increase) in accrued interest receivable
-220	169	200	-1,890	3,145	2,232	2,283	1,175	1,493	1,787	1,125	232	761	1,055	785	-130	848	363	201	333	-120	166	489	-413	-143	472	-158	144	382	-850	905	-390	873
Decrease (increase) in accrued interest payable
-1,028	-215	-1,966	1,874	593	1,133	1,638	-1	-65	718	-138	498	-446	452	-512	665	-500	541	-470	593	-637	1,116	-144	234	8	-47	-220	-3	-18	-146	-120	-213	-62
Bank owned life insurance income
428	438	443	435	420	431	427	432	426	439	440	449	450	465	445	445	441	444	442	419	391	400	399	328	314	323	320	197	156	160	150	117	85
Decrease in income taxes payable
0	-2,153	1,658	827	-488	-9	0	0	0	177	-20	5	4	258	0	0	-353	713	0	0	0	0	0	0	-160	160	0	0	-106	648	-744	-191	-679
Decrease in prepaid income taxes
-2,688	3,941	0	-2,064	-7,066	2,421	-1,366	2,740	-12,164	9,477	780	2,937	-2,972	3,034	-641	2,761	284	269	-812	498	-717	-477	-499	2,384	1,106	-3,193	1,398	693	1,102	0	0	0	0
Deferred tax provision
-240	-1,935	-241	-241	-223	710	-181	-181	-582	-10,305	-269	-279	-257	-2,955	-253	-243	-224	-	-	-	0	-	-	-	-	-	-	-	-	641	0	0	152
Increase (decrease) in accounts payable and other accrued expenses
-13,816	3,590	5,318	4,054	-19,323	9,879	5,748	4,344	-10,405	3,963	3,062	964	-9,497	4,494	6,128	3,110	-10,071	2,975	2,620	1,949	-281	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of allowance for leasehold improvements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-62
Other, net
-3,653	2,413	-1,051	2,489	-4,173	2,837	-45	-460	634	-1,019	129	-2,334	-485	2,651	-4,533	1,841	-1,252	-866	631	-418	-1,231	-3,376	4,131	3,156	-3,252	-5,906	1,480	2,400	322	-5,197	1,247	2,390	346
Net cash provided by (used in) operating activities
4,297	19,461	22,772	30,100	-4,140	27,142	23,146	17,529	14,881	15,124	14,200	7,597	1,292	15,954	8,996	10,825	-5,666	9,903	9,384	6,339	6,064	6,017	11,668	11,469	-806	7,119	20,888	655	3,890	1,645	5,086	7,871	3,695
Cash flows from investing activities:
Purchase of debt securities available-for-sale
92,637	0	6,990	39,695	12,425	5,076	89,067	32,538	28,951	17,504	4,999	1	7,700	-208	5,065	65	22,289	4,069	5,051	27,559	53	63	20,141	32,595	0	4,633	10,409	77,460	62,449	2,307	21,968	25,555	18,360
Purchase of debt securities held-to-maturity
219,269	83,814	112,709	19,538	42,367	105,199	19,050	19,878	0	1,000	0	2,500	4,967	3,000	6,250	0	0	893	1,501	9,300	2,663	2,500	21,954	0	0	-	-	-	-	-	-	-	-
Purchase of equity securities
-	-	-	-	-	24	5,070	64	66	59	63	68	76	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Sale of Debt Securities, Available-for-sale
49,967	2,000	0	4,993	0	29,269	0	0	2,037	2,527	0	0	0	0	1,651	2,359	681	2,058	34	0	9,700	0	0	45,131	24,424	10,162	0	0	58,038	0	3,120	16,628	0
Proceeds from the sale of equity securities
0	4,835	0	6,844	2,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal repayments and maturities of debt securities available-for-sale
3,856	11,533	11,334	10,635	10,202	6,995	8,820	6,763	3,074	8,861	4,916	19,297	22,547	8,171	5,022	1,912	2,228	3,775	4,412	8,359	4,746	10,838	3,340	3,371	3,649	5,380	5,834	26,388	10,743	5,477	5,149	5,391	5,001
Principal repayments and maturities of debt securities held-to-maturity
122,505	74,996	64,644	97,346	21,595	172	5,004	1,105	895	0	3,000	0	0	-	-	-	-	0	0	1,540	5,000	10,000	0	0	0	-	-	-	-	-	-	-	-
Investment in low income housing and historic tax credits
2,847	304	6,008	5,882	311	1,293	1,611	1,930	0	3,651	995	772	84	1,500	125	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net redemption of Federal Home Loan Bank stock
5,600	8,800	-7,600	-6,147	4,600	7,792	400	-313	3,000	2,999	-7,358	4,910	3,600	409	-4,400	3,030	800	1,800	3,600	272	-1,600	-2,124	1,199	4,319	0	-	-	-	-	-	-	-	-
Net increase in loans and leases
380,388	560,874	351,781	328,192	201,971	374,312	210,680	250,073	121,641	253,470	159,631	234,955	145,706	232,646	173,806	102,118	56,064	181,714	107,987	81,464	77,071	108,407	106,879	61,114	71,657	94,114	-4,831	43,008	55,700	31,909	61,432	76,456	75,724
Investment in small business investment companies
-	-	-	-	-	-	-	-	-	660	510	0	235	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of Federal Home Loan Bank stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	79
Proceeds from loan sales
-	-	-	-	-	0	3,750	0	3,342	0	0	0	6,867	0	0	0	1,196	1	4,507	184	0	2,968	13,532	1,856	1,089	86	37	17	2,785	1,671	36	86	2,435
Additions to office properties and equipment
1,023	2,237	1,676	1,511	656	529	498	534	221	163	233	307	226	2,237	362	228	110	139	68	310	518	258	311	248	154	324	114	190	389	232	341	333	243
Acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	42,912	0	0	0	0	-	-	-	-
Net cash used in investing activities
-514,236	-562,736	-396,629	-278,053	-219,333	-457,789	-309,538	-298,171	-144,531	-268,118	-150,867	-223,909	-133,180	-231,697	-176,455	-112,765	-75,158	-182,781	-109,288	-113,822	-59,225	-85,298	-133,612	-277,465	-85,561	-83,413	-45,847	-114,283	-46,972	-27,070	-76,586	-90,244	-86,812
Cash flows from financing activities:
Net increase in deposit accounts
1,148,146	540,008	307,622	449,279	287,243	295,873	313,386	342,247	111,344	217,741	240,002	211,988	31,101	199,549	199,038	131,985	66,363	89,336	49,813	108,739	105,003	92,629	18,554	32,807	231,258	83,011	5,544	66,265	-16,494	53,491	90,546	39,323	2,893
Net decrease in Federal Home Loan Bank advances
55,000	-25,000	-30,000	60,000	5,000	-	5,000	40,000	25,000	-	-	-	0	-	-	-	-	0	-40,000	0	40,000	-	-	0	0	-	-	-	-	-	-	-	-
Net increase (decrease) in line of credit advances
30,000	0	0	3,250	1,000	-1,750	-2,500	0	6,200	1,700	500	4,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in Federal Home Loan Bank advances
-	-	-	-	-	-	-	-	-	55,000	-85,000	10,000	110,000	-	-5,000	-25,000	30,000	80,000	10,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from issuance of preferred stock
-	-	-	-	-	0	36	-8	38,440	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from exercise of stock options
91	442	201	69	188	321	439	386	521	325	386	617	335	1,248	1,212	194	20	23	280	50	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments for Cancellation of Stock Options
2,484	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of contingent consideration
0	0	0	0	2,920	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of treasury stock
2,579	321	1,247	311	433	2,223	2,122	1,887	575	2,198	2,357	3,079	1,041	816	1,132	1,435	1,742	0	0	160	2,998	6,746	0	0	0	-	-	-	-	-	-	-	-
Payments of Ordinary Dividends, Preferred Stock and Preference Stock
1,962	1,962	1,962	1,150	679	679	679	762	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	456	314	313
Net cash provided by financing activities
1,116,212	563,182	299,536	462,311	277,399	434,097	308,560	299,976	118,530	272,568	153,531	223,526	140,395	199,001	173,898	105,744	94,641	169,130	100,093	93,164	62,005	85,858	28,554	167,070	231,258	83,011	5,569	132,355	-16,494	48,491	136,951	39,009	2,580
Net change in cash and cash equivalents during the period
606,273	19,907	-74,321	214,358	53,926	3,450	22,168	19,334	-11,120	19,574	16,864	7,214	8,507	-16,742	6,439	3,804	13,817	-3,748	189	-14,319	8,844	6,577	-93,390	-98,926	144,891	6,717	-19,390	18,727	-59,576	23,066	65,451	-43,364	-80,537
Supplemental disclosure of cash flow information:
Interest expense
30,308	32,624	37,382	33,129	31,886	27,446	21,916	18,943	15,169	12,300	12,057	9,533	8,217	6,217	6,682	4,860	5,433	3,719	4,403	3,165	4,126	2,181	3,579	2,719	2,439	2,548	2,832	2,902	3,073	3,458	3,447	3,661	3,649
Income taxes
278	2,438	1,160	-1,414	-4,219	1,723	260	3,527	-9,841	-1,325	2,715	5,677	199	3,550	2,432	5,107	3,734	2,680	2,054	3,063	1,596	2,504	2,190	2,436	3,592	9	2,030	2,740	2,725	1,866	1,993	2,406	1,800
Assets acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	6,351	-	-	-	-	-	-	-	-
Liabilities assumed
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,647	-	-	-	-	-	-	-	-
Other non-cash activity:
Operating lease right-of-use asset
22,084	-499	-690	-988	24,766	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan foreclosures and repossessions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-36	0	0	396	0	0	0	0	-	-	-	-	-	-	-	-
Unsettled purchase of debt securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	2,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,139	14,549	-	-	0	0
Unsettled purchase of debt securities held-to-maturity
20,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unsettled purchase of investment securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	2,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,139	14,549	-	-	0	0