United bancshares inc/oh (UBOH)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash flows from operating activities

-

-

-

-

-

4,835

-

-

-

-

-

Net income

10,661

8,220

3,846

5,521

5,917

4,311

4,641

4,484

2,942

2,807

2,882

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

1,240

1,052

938

909

659

701

649

772

697

647

984

Purchase accounting loan discount accretion

670

1,233

891

450

1,495

-

-

-

-

-

-

Deferred income taxes

529

1,740

2,660

793

859

299

1,032

516

-232

-865

-280

Provision for loan and lease losses

550

450

-350

-750

382

-430

-832

200

4,375

6,550

7,525

Gain on sale of loans

9,071

4,675

1,843

618

586

611

719

1,296

492

866

1,375

Net securities losses (gains)

4

-6

-2

158

-

-

-

-

-

-

-

Net securities gains

-

-

-

-

116

400

134

267

896

278

129

Change in fair value of mortgage servicing rights

258

-26

31

12

-263

147

-315

-15

314

141

-195

Loss (gain) on sale or write-down of other real estate owned

40

59

-22

38

183

-

-

-

-

-

-

Loss on sale or write-down of other real estate owned

-

-

-

-

-

184

205

627

334

255

29

Increase in cash surrender value of life insurance

390

395

397

393

427

397

411

425

456

492

-512

Net amortization of security premiums and discounts

-921

-792

-848

-885

-925

-764

-791

-958

-679

-382

-21

Stock option expense

266

165

100

-

-

-

-

-

-

-

-

Deferred compensation expense

210

138

90

85

76

64

33

44

25

25

107

Loss on disposal or write-down of premises and equipment

-

-

-

176

49

-

-

2

-

1

-2

Proceeds from sale of loans held for sale

281,269

175,288

63,495

27,714

28,767

16,090

32,273

69,737

26,963

36,038

66,651

Originations of loans held for sale

279,986

176,098

59,430

27,369

28,433

15,613

31,867

68,884

26,638

35,486

-65,645

(Increase) decrease in other assets

1,259

944

519

354

-1,613

-1,225

446

-907

-1,765

-1,846

-

Decrease (increase) in other assets

-

-

-

-

-

-

-

-

-

-

-3,411

Increase (decrease) in other liabilities

-941

610

-2,698

572

-1,223

-1,499

197

-81

208

-361

-1,045

CASH FLOWS FROM OPERATING ACTIVITIES

3,623

5,149

5,860

6,613

6,887

-

5,097

7,280

9,589

10,343

5,560

CASH FLOWS FROM INVESTING ACTIVITIES
Proceeds from sales, calls and maturities of available-for-sale securities

15,985

21,282

38,087

11,558

28,437

9,121

8,821

12,067

18,370

9,399

3,228

Proceeds from maturities of available-for-sale securities, including paydowns on mortgage-backed securities

26,724

16,056

16,591

30,106

30,797

27,223

36,658

44,030

38,561

41,493

29,800

Purchases of available-for-sale securities

54,014

38,107

33,627

53,096

36,534

35,011

73,268

82,290

65,522

53,683

30,765

Proceeds from sale of FHLB stock

-

-

-

-

-

750

-

-

-

-

-

Net proceeds from certificates of deposits

-

-

1,494

498

498

249

-

-

-

-

-

Proceeds from sales of premises and equipment

-

-

-

315

-

-

-

-

-

-

39

Proceeds from branch acquisition

-

-

-

-

-

-

-

-

-

22,260

-

Purchase of certificates of deposits

-

-

-

-

-

-

249

747

1,743

-

-

Proceeds from acquisition

-

-

-

-

-

6,628

-

-

-

-

-

Acquisition of Benchmark

-

3,413

24,660

-

-

-

-

-

-

-

-

Proceeds from sale of other real estate owned

68

62

823

278

552

-

694

1,058

1,854

2,733

168

Net decrease in loans

-

-

-

-

-

-

-

31,051

38,855

20,017

-710

Net increase in loans and leases

14,086

53,797

34,311

23,009

-

-

-

-

-

-

-

Net increase in loans and leases

-

-

-

-

-7,306

6,638

-9,595

-

-

-

-

Bank owned life insurance premium

-

-

80

124

-

-

-

-

-

-

-

Purchases of premises and equipment

753

525

4,182

2,399

312

314

394

114

168

313

371

Proceeds from sale of former branch

-

-

-

-

-

-

-

-

-

-

187

Insurance proceeds from casualty loss

-

-

-

-

-

-

-

-

-

-

145

Net cash provided by (used in) investing activities

-26,076

-58,442

-39,865

-35,873

30,744

-

-18,143

5,056

30,208

41,907

1,722

Net cash used in investing activities

-

-

-

-

-

2,008

-

-

-

-

-

CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits

40,969

35,883

10,405

6,279

-46,914

26,349

-3,199

-9,286

-8,056

-7,335

4,876

Change in customer repurchase agreements

-

-

-

-

-

-4,600

-456

-158

-5,961

-578

6,167

Proceeds from other borrowings

-

30,693

57,148

18,774

2,118

-

-

-

-

-

5,000

Repayments of other borrowings

6,693

22,398

18,774

2,118

-

16,241

10,000

10,064

17,035

21,550

19,513

Purchase of treasury stock

95

-

-

833

927

1,136

72

-

-

-

-

Proceeds from sale of treasury shares

71

39

27

18

14

12

13

10

12

17

30

Payments of deferred compensation

160

155

144

150

154

85

54

-

-

-

-

Cash dividends paid

1,702

1,568

1,569

1,446

1,200

1,194

689

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

3,105

-

-

-

-

-

Payments of deferred compensation

-

-

-

-

-

-

-

-40

-75

-30

-20

Cash dividends paid

-

-

-

-

-

-

-

-172

-

-1,550

-2,065

Net cash provided by financing activities

32,390

42,494

47,093

20,524

-47,063

-

-14,457

-19,711

-31,115

-31,027

-5,524

NET INCREASE IN CASH AND CASH EQUIVALENTS

9,937

-10,799

13,088

-8,736

-9,432

9,948

-27,504

-7,375

8,683

21,223

1,757

CASH AND CASH EQUIVALENTS
SUPPLEMENTAL CASH FLOW DISCLOSURES
Interest

8,986

6,131

3,394

2,195

-

-

-

-

-

-

-

Interest

-

-

-

-

2,227

2,687

3,256

4,780

7,436

9,563

12,909

Federal income taxes

700

3,259

425

860

665

660

350

1,230

-

1,075

1,500

Change in deferred income taxes on net unrealized gain or loss on available-for-sale securities

-1,233

429

382

-1,166

-8

1,427

-2,604

51

-232

-865

-

Non-cash investing activities:
Transfer of loans to other real estate owned

-

70

241

721

372

-

-

420

498

2,343

-

Recognition of right-of-use lease asset (other assets) and lease liability (other liabilities)

2,112

-

-

-

-

-

-

-

-

-

-

Change in net unrealized gain on available-for-sale securities

5,869

-2,045

1,124

-3,429

-

-

-

-

-

-

-

Change in net unrealized gain or loss on available-for-sale securities

-

-

-

-

-23

4,197

-

-

-

-

-

Change in net unrealized gain or loss on available-for-sale securities

-

-

-

-

-

-

7,659

-150

-2,708

-832

4,200

Change in deferred income taxes on net unrealized gain or loss on available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-1,428

Transfer of loans to other real estate owned

-

-

-

-

-

-

-

-

-

-

5,119