UNITED COMMUNITY BANKS, INC. UCBI Cash Flow

United community banks, inc. (UCBI)

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
Operating activities:
Net income
173,343	185,721	181,846	177,166	172,715	166,111	109,058	93,322	81,955	67,821	106,958	104,886	101,885	100,656	91,643	83,656	76,203	71,578	71,617	71,346	69,890	67,620	65,284	63,168	276,775	273,140	262,490	257,558	34,093	33,856	38,496	16,589	22,118	-226,746	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and accretion
19,473	23,952	24,494	26,452	26,857	30,971	31,843	31,630	31,587	27,494	27,499	28,528	29,281	29,974	28,476	26,134	24,581	22,652	21,642	20,882	20,183	19,952	20,639	21,780	23,810	26,388	28,931	30,625	33,264	32,562	30,892	28,221	23,144	21,084	0	0	0
Provision for Loan, Lease, and Other Losses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for credit losses
-	-	-	-	-	9,500	8,600	7,800	6,800	3,800	2,600	1,300	200	-800	-500	500	1,700	3,700	5,200	6,500	7,800	8,500	9,700	10,700	57,000	65,500	76,500	89,000	58,500	62,500	62,500	83,000	76,000	251,000	0	0	0
Stock based compensation
9,867	9,360	9,662	9,783	6,894	6,057	5,543	4,954	5,654	5,827	5,598	5,819	4,899	4,496	4,317	4,051	4,330	4,403	4,332	4,254	4,175	4,304	4,192	3,914	3,539	3,045	2,732	2,389	2,017	1,976	2,071	2,332	2,180	2,144	0	0	0
Deferred income tax expense
15,543	14,909	8,444	11,189	23,063	32,630	84,091	86,659	90,728	99,562	66,225	65,989	65,233	59,727	55,109	49,200	43,177	38,296	38,609	38,029	37,122	38,226	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Securities losses, net
-754	-1,021	528	530	17	-656	-1,450	-1,264	-896	42	250	323	601	982	1,300	1,364	1,095	2,255	2,085	1,771	6,193	4,871	4,733	4,722	287	186	147	147	6,637	7,078	7,051	7,051	1,344	842	0	0	0
Losses on prepayment of borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,294	0	0	0	-	-	-	-	-	-	-	-	-6,681	0	0	0	-	-	-	-
Gains from sales of other loans
7,238	6,867	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains from sales of SBA/USDA loans
-	-	-	-	-	-	-	-	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (gains) losses on sales and write downs of other real estate owned
-	-	-	-	-	-	0	0	-606	-	-724	-797	-585	2	329	823	771	638	554	485	541	704	953	1,116	-3,316	-4,706	-8,329	-11,392	-7,817	-8,875	-12,620	-10,844	-10,005	-68,406	0	0	0
Changes in assets and liabilities:
Other assets and accrued interest receivable
85,389	45,789	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets and accrued interest receivable
-	-	-	-	-	-	-	-	23,468	-	-7,366	-15,127	184	39,007	55,347	63,419	49,993	8,848	210	14,197	16,277	16,776	28,852	15,732	1,601	293	-19,255	-33,827	-54,265	-43,738	-38,042	-20,639	-29,346	-27,188	0	0	0
Accrued expenses and other liabilities
12,475	-1,975	-14,009	-3,714	-3,593	3,772	50,255	43,744	30,766	24,280	-5,295	-9,571	-1,250	1,299	-15,059	-2,404	-304	-9,080	5,619	1,309	-14,497	-15,385	-5,870	3,327	27,050	42,505	39,578	31,149	7,487	4,908	-3,540	-11,003	-9,043	-3,171	0	0	0
Loans held for sale
63,618	39,549	27,300	11,472	-152	-16,391	-13,653	-1,584	-684	-5,238	-522	-4,583	-10,229	5,505	7,584	5,702	7,066	6,705	-705	5,743	4,790	3,418	8,017	-4,232	-7,357	-18,502	-18,584	505	-6,519	4,940	8,521	-761	-555	-12,027	0	0	0
Net cash (used in) provided by operating activities
107,251	153,933	165,934	202,311	233,410	270,006	261,110	226,760	217,879	207,962	201,131	206,646	199,613	139,914	96,657	87,795	89,952	113,427	138,836	115,829	98,600	99,279	92,347	126,045	165,080	191,652	206,198	196,301	203,524	183,078	172,190	151,013	154,234	151,881	0	0	0
Investing activities:
Debt securities held-to-maturity:
Proceeds from maturities and calls
50,415	50,379	51,067	52,527	53,822	58,605	59,346	61,079	57,398	56,917	63,160	69,227	67,376	68,232	63,209	65,798	69,025	70,962	74,945	69,170	65,928	64,791	65,974	62,003	61,491	63,985	63,339	70,201	74,649	82,801	89,284	87,763	81,301	76,764	0	0	0
Purchases
75,618	59,629	8,499	8,499	7,202	11,983	26,983	35,188	27,986	36,638	25,003	36,454	36,454	24,021	0	0	0	-	-	-	-	-	-	-	-	8,481	0	0	0	-	-	-	-	144,506	0	0	0
Debt securities available-for-sale and equity securities:
Proceeds from Sale of Debt Securities, Available-for-sale
174,502	352,106	238,095	254,478	233,534	168,891	221,450	386,186	430,304	340,540	286,469	206,217	162,756	199,864	268,505	305,340	345,698	353,860	290,203	165,791	335,352	419,201	422,497	414,207	177,296	39,731	118,815	113,815	423,333	469,167	392,717	392,717	138,562	128,217	0	0	0
Proceeds from maturities and calls
394,226	349,758	335,269	310,962	321,953	346,505	389,822	471,119	553,908	605,889	566,192	502,543	447,858	392,575	364,252	349,000	311,343	284,435	260,262	247,445	222,666	224,302	254,179	327,471	401,606	477,060	536,432	600,878	619,871	629,896	622,711	563,243	519,337	493,276	0	0	0
Purchases
0	-	-	-	0	-	-	-	819,494	936,947	1,093,925	796,591	593,931	692,983	671,228	835,787	948,706	839,345	528,276	504,298	567,665	603,384	796,261	831,792	771,931	818,256	922,625	983,908	1,132,773	1,166,653	1,001,683	889,415	1,031,263	1,184,013	0	0	0
Net increase in loans
225,454	205,612	464,528	416,982	302,866	291,890	175,611	110,973	172,964	109,433	261,369	459,685	571,695	657,650	603,805	524,347	455,844	475,132	428,644	533,340	410,926	323,837	290,405	210,154	356,661	358,858	343,522	304,952	154,620	159,814	158,043	70,439	82,263	-53,104	0	0	0
Proceeds from sales of premises and equipment
6,592	6,595	8,227	6,922	6,393	6,483	5,034	3,721	3,327	3,137	2,268	4,095	5,053	5,077	0	0	0	-	-	-	-	3,137	2,884	4,791	3,905	3,946	3,942	1,942	1,595	1,059	768	867	591	737	0	0	0
Net cash (paid) received for acquisitions
-	-	-	-	-	56,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Funds paid to FDIC under loss sharing agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,198	-1,426	-648	-159	2,662	3,651	4,280	5,053	5,882	12,112	12,952	14,176	14,292	10,886	26,774	26,841	33,572	0	0	0
Purchase of bank owned life insurance
-	-	-	-	-	-	-	-	-	10,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of premises and equipment
11,854	20,944	19,700	21,537	23,196	17,617	21,465	20,455	24,886	22,183	18,826	19,149	15,675	17,375	17,057	15,390	13,868	10,532	8,985	8,175	6,204	5,054	3,870	5,589	6,760	8,143	8,419	6,024	4,504	4,117	3,999	4,515	5,220	7,210	0	0	0
Proceeds from sale of other real estate
1,528	2,439	3,363	4,938	4,681	4,664	6,103	5,739	7,414	9,534	9,749	15,007	13,596	12,043	11,538	6,735	5,468	5,352	5,439	5,732	9,166	10,175	12,301	12,492	25,121	28,430	33,096	38,551	30,386	31,356	38,147	41,099	57,482	86,789	0	0	0
Other investing activities, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by investing activities
-34,483	163,218	-63,120	-168,457	-283,782	-359,475	-215,546	-46,675	3,899	-45,506	-483,463	-542,878	-549,204	-732,326	-424,762	-482,251	-476,701	-400,444	-298,227	-512,855	-376,087	-234,880	-355,905	-252,634	-372,455	-482,791	-423,398	-369,625	-132,880	-102,013	-10,941	145,450	-338,340	-363,972	0	0	0
Financing activities:
Net increase in deposits
289,067	151,401	315,755	413,948	541,867	727,839	538,084	347,394	358,334	287,073	367,986	479,791	393,155	365,531	145,583	68,634	171,666	195,881	305,237	274,648	190,390	125,007	127,822	151,716	221,689	249,365	290,208	189,362	25,313	-145,843	-182,606	-360,748	-597,209	-371,189	0	0	0
Repayment of long-term debt
45,156	55,266	45,828	61,416	69,632	71,831	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in short-term borrowings
-	-	-	-	-	264,923	298,918	304,457	313,782	43,859	23,144	33,280	33,280	21,640	6,161	-38,537	-41,617	-18,437	-119,611	-29,658	24,687	-51,687	53,548	-16,313	-69,742	667	-526	-507	54,406	54,483	54,120	54,490	182	-1,510	0	0	0
Proceeds from FHLB advances
850,000	1,625,000	2,245,000	2,850,000	2,880,000	2,860,000	2,870,000	2,665,000	3,250,000	4,000,000	6,070,000	7,770,000	9,575,000	9,780,000	7,660,000	5,735,000	3,380,000	2,075,000	1,795,000	1,730,000	1,285,000	1,230,000	1,050,000	845,000	940,000	770,000	810,000	785,000	1,475,000	1,789,000	0	0	0	-	-	-	-
Repayments of trust preferred securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of FHLB advances
890,000	1,785,000	2,505,000	3,250,000	3,274,003	3,204,003	3,129,003	2,863,003	3,474,000	4,294,000	6,049,125	7,849,125	9,529,125	9,514,125	7,424,000	5,385,000	3,162,070	1,937,070	1,947,070	1,542,070	1,065,000	1,080,000	720,000	740,000	890,000	690,000	860,000	840,000	1,691,719	1,791,701	0	0	0	-	-	-	-
Proceeds from issuance of subordinated debt, net of issuance costs
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock for dividend reinvestment and employee benefit plans
2,206	2,193	2,179	1,485	721	679	626	519	484	450	424	408	392	366	369	347	326	303	249	271	321	469	638	741	816	796	774	776	805	894	1,054	1,210	1,356	1,453	0	0	0
Proceeds from exercise of stock options
15	212	197	197	339	142	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for shares withheld to cover payroll taxes upon vesting of restricted stock
2,811	1,686	1,543	1,633	1,711	1,998	2,017	1,906	1,800	1,701	1,624	1,378	2,409	1,189	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock, net of offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	361,560	0	0	0
Repurchase of common stock
26,460	13,020	13,020	7,840	7,342	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retirement of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	9,992	0	0	0	-	-	-	-	121,613	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends on common stock
54,622	53,044	51,463	49,859	46,625	41,634	37,030	31,475	28,331	26,210	24,507	18,017	16,572	15,849	14,401	18,715	16,831	14,822	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	46	0	0	0	-	-	-	-	1,214	4,323	6,990	9,658	11,112	0	0	0	-	0	0	0	-	-	-	-
Net cash provided by (used in) financing activities
122,239	-129,210	-53,723	-74,443	23,614	102,459	19,559	-96,903	-100,498	-65,529	303,018	361,776	397,748	569,397	347,325	397,201	383,901	334,725	150,266	361,863	249,810	99,358	215,489	106,069	173,688	268,888	259,708	129,451	-251,202	-208,332	-238,844	-372,200	-477,942	-58,950	0	0	0
Net change in cash and cash equivalents, including restricted cash
195,007	187,941	49,091	-40,589	-26,758	12,990	65,123	83,182	121,280	96,927	20,686	25,544	48,157	-23,015	19,220	2,745	-2,848	47,708	-9,125	-35,163	-27,677	-36,243	-48,069	-20,520	-33,687	-22,251	42,508	-43,873	-180,558	-127,267	-77,595	-75,737	-662,048	-271,041	0	0	0
Supplemental disclosures of cash flow information:
Interest
-	-	-	-	-	-	-	-	39,637	34,657	31,839	34,326	32,823	32,141	30,852	23,772	22,677	21,604	21,638	23,104	24,554	25,669	20,220	22,929	25,563	26,139	35,956	35,653	37,880	42,107	45,156	54,587	62,384	68,068	0	0	0
Income taxes paid
-	-	-	-	-	-	-	-	6,645	6,514	6,222	5,962	2,615	3,948	4,181	4,049	4,416	4,203	4,002	3,793	3,525	3,046	2,498	2,051	2,024	2,362	3,300	3,296	-25,531	-26,164	-27,144	-28,494	-123	138	0	0	0
Significant non-cash investing and financing transactions:
Unsettled securities sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Unsettled government guaranteed loan sales
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfers of loans to foreclosed properties
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-
Unsettled securities purchases
-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	0	-	-	-	-
Unsettled government guaranteed loan purchases
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unsettled repurchases of common stock
0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets acquired
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net assets acquired
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issued in acquisitions
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-