United community financial corp (UCFC)
CashFlow / Quarterly
Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash Flows from Operating Activities
Net income

10,504

10,486

8,656

9,552

9,529

9,541

8,556

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

1,538

-

5,153

5,330

3,320

4,328

4,143

4,125

3,686

2,808

2,900

42,404

2,094

2,239

1,717

3,389

2,682

2,596

-26,891

62

3,796

7,928

-8,864

-1,796

2,962

Adjustments to reconcile net income to net cash provided by operating activities
Provision (recovery) for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-184

194

116

-1,614

33

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

702

-51

61

179

251

-138

407

1,215

721

842

1,475

1,493

1,344

395

2,155

-

-

-

-

-

-

-

-

-

657

1,113

2,064

-

-

-

-

-

-

-

-

Mortgage banking income

2,386

469

597

-1,539

1,771

920

3,840

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,279

6,264

680

2,386

11,836

8,244

2,192

Mortgage banking income

-

-

-

-

-

-

-

-

-

-32

572

-

1,401

1,023

579

1,855

288

2,187

992

-30

676

312

612

850

895

1,389

1,643

2,083

2,110

1,727

1,471

1,243

682

3,128

622

Changes in fair value on loans held for sale

122

2,162

1,079

2,657

-362

285

-2,482

-95

1,088

2,149

751

-3,974

556

846

803

-317

1,421

-146

561

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net losses on real estate owned and other repossessed assets sold

-55

-33

-31

-24

-45

-113

-78

-46

-73

-18

-52

-17

0

-63

-13

-134

-119

-102

-90

-172

-203

-42

-383

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on available for sale securities sold

128

148

144

-860

0

94

139

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on trading securities sold and change in fair value

28

39

64

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net losses on real estate owned and other repossessed assets sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,537

2,002

-431

-

-1,795

-923

-729

-1,184

-2,627

-1,362

-992

Net gain on available for sale securities sold

-

-

-

-

-

-

-

-

-

301

29

-

218

233

153

131

0

0

11

82

328

31

3

-1

0

1,857

721

1,164

1,192

3,555

414

5,133

1,958

229

1,313

Net loss (gain) on other assets sold

-

-

-

-

-

-

-

-

-

-

-

-8

0

0

2

-

-

-

-

-11

0

0

-7

-

-

-

-

-

-

-

-

177

-171

0

10

Other than temporary impairment of securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

Amortization of premiums and accretion of discounts

-2,005

-2,450

-1,436

-216

-1,530

-1,530

-1,251

-1,310

-1,258

-732

-1,179

-1,366

-1,086

-2,386

-1,848

-5,079

-141

-553

-76

-160

-179

-172

-311

-300

-518

-749

-1,127

-1,844

257

245

-1,518

-26

1,006

-173

-428

Depreciation and amortization

739

737

737

711

671

678

681

688

697

677

644

586

590

580

559

525

553

531

510

513

496

497

491

465

479

473

454

441

408

386

389

429

431

430

453

Net change in interest receivable

-471

311

-207

529

97

839

-575

937

-167

389

-548

834

-368

651

-195

448

-238

560

-555

507

-506

601

-533

-

-

-

-

-

-

-

-

-

-

-

-

Net change in interest receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

251

-651

-

-299

-663

-119

-275

-185

-483

-36

Net change in interest payable

-631

-114

213

102

213

-399

266

376

330

88

88

28

18

-11

57

-180

6

8

34

-195

-193

-12

35

-42

-5

0

34

-65

25

-85

78

-183

-45

-67

96

Increase in cash surrender value of bank-owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-225

-

-

-

-

-

-

-

-

Net change in prepaid and other assets

-3,003

2,705

8,371

-8,035

1,201

3,546

-1

2,789

461

685

-2,953

2,563

2,965

-555

630

4,396

-3,111

-1,700

987

-636

235

-1,780

-834

1,452

-680

-651

-1,040

358

-2,612

-294

2,652

-2,248

-6,374

-526

-408

Net change in other liabilities

-4,380

10,626

5,978

-451

1,336

2,631

-1,926

-480

1,032

4,100

-1,176

1,489

2,700

175

-305

-1,318

-610

54

345

-647

-1,183

2,723

-1,991

751

-5,915

6,027

-1,923

-617

-2,474

3,901

-873

3,952

-1,932

-308

292

Stock based compensation

161

156

149

98

262

248

255

255

240

185

272

255

256

250

218

212

223

198

147

-

-

-

-

-

-

-

95

-

111

130

356

170

201

93

127

Stock based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64

85

-

-

-

-

-

-

-

-

-

-

-

-

Net principal disbursed on loans originated for sale

127,682

88,627

62,434

66,871

84,062

97,035

68,826

75,848

79,499

64,535

50,198

71,376

88,271

74,501

51,429

50,670

50,580

57,891

55,885

44,428

45,873

38,415

26,861

38,754

49,781

65,215

73,171

90,558

76,904

74,817

74,987

77,631

50,812

20,817

36,760

Proceeds from sale of loans held for sale

112,936

70,755

77,122

71,012

97,009

69,189

73,983

77,280

82,003

83,448

38,225

69,592

73,020

67,870

52,104

54,042

47,805

56,073

46,925

34,235

45,271

33,668

28,081

37,660

57,114

66,540

78,577

88,686

80,482

84,891

70,294

97,815

29,447

19,206

45,721

Cash used in payment of operating leases

347

344

321

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in right of use asset

243

63

282

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in deferred tax assets

625

1,557

-259

38

113

-1,543

-2,004

-8,964

-4,090

3,500

-1,457

-2,136

-2,112

-2,158

-1,437

-1,775

-1,817

41

-3,765

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash surrender value of life insurance

398

397

385

431

435

432

434

438

422

390

377

387

378

365

365

639

409

340

332

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash surrender value of life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-362

-350

-

-

-

-

-

-

-

-

-

-

-

-

Net change in interest rate caps

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-3

-2

-20

-101

-54

-88

54

-205

-127

-353

22

433

8

-74

-321

-815

-287

-

-

-

-

Net cash from operating activities

-

-

-

-

-

-

-

-

-

-

-4,672

-

-7,142

2,132

7,643

7,670

5,541

3,304

-2,765

-8,007

521

1,527

3,197

-340

5,667

11,245

9,464

-

-

-

-

-

-

-

-

Net cash from operating activities

-6,394

-1,982

21,172

21,618

23,529

-18,215

15,374

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,619

17,900

-2,151

27,515

-13,992

4,200

15,012

Proceeds from the principal repayments and maturities of securities available for sale

6,856

3,346

1,964

2,973

2,392

2,901

2,587

2,805

3,101

2,704

13,359

5,085

5,051

8,634

8,211

4,580

9,530

9,479

7,477

7,685

7,998

6,692

5,503

6,205

9,381

13,290

18,386

18,300

18,006

17,802

20,315

35,385

11,425

4,909

10,703

Proceeds from the principal repayments and maturities of securities held to maturity

0

4,006

1,655

1,972

2,496

2,295

2,133

2,535

2,893

5,855

2,877

5,511

4,144

3,387

2,739

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of securities available for sale

5,131

41,149

17,145

25,646

0

5,700

4,661

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the sale of securities available for sale

-

-

-

-

-

-

-

-

9,735

48,142

5,029

-

5,172

10,396

18,134

11,474

0

0

5,153

9,125

428

5,038

4

40,340

0

69,215

27,912

56,074

57,473

199,347

30,106

226,540

85,928

52,726

63,202

Proceeds from the sale of real estate owned and other repossessed assets

116

325

397

215

328

502

172

188

350

204

677

157

101

399

1,171

654

385

769

751

1,314

521

730

1,491

3,151

2,064

3,672

2,891

2,461

4,238

4,485

5,107

-

-

-

-

Proceeds from the sale of loans held for investment

0

0

650

-

-

-

-

0

0

0

2,250

0

0

0

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from redemption of FHLB stock

420

2,643

2,442

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of trading securities

-

-

238

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate owned and other repossessed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,198

2,882

4,978

Proceeds from the sale of premises and equipment

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2

-

-

-

-

0

0

0

30

-

-

-

-

-

-

-

-

5

1

0

10

Loans held for investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

510

-

79,342

721

1,388

-

-

-

-

Purchases of available for sale securities

5,183

48,380

11,321

-

-

-

-

-

-

-

-

10,142

0

17,347

21,496

-

-

-

-

-

-

-

-

25,884

0

67,639

77,353

102,781

190,449

109,788

124,695

305,653

111,683

129,491

26,858

Purchases of premises and equipment

-214

847

810

1,182

467

519

374

615

396

895

652

984

567

557

467

657

517

431

290

1,381

234

278

198

443

226

257

297

686

791

497

305

210

68

151

129

Principal disbursed on loans, net of repayments

-

1,967

25,586

-

-

28,767

53,773

45,348

61,218

50,560

60,444

27,087

59,429

33,150

36,809

35,186

49,722

53,964

19,110

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal disbursed on loans, net of repayments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-24,763

-32,033

-

-

-

-

-

-

-

-

-

-

-

-

Net (increase) decrease in loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-28,522

-

-

-

-

-

-

-

-

Principal disbursed on loans, net of repayments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-36,051

-68,167

-50,281

-52,764

-22,976

-13,058

-19,913

Loans purchased

20,160

12,223

14,286

9,140

8,243

9,781

8,465

8,283

18,311

11,850

15,189

11,108

17,510

7,012

8,681

5,585

4,524

3,741

1,304

-

-

-

-

0

0

0

50

53

91

131

67

1,083

1,073

791

1,338

Net cash received in acquisition of financial institution

-

-

-

-

-

-

-

145

-37

-108

25,780

-

-

-

43

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of FHLB stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

8,396

-

-

-

-

-

-

-

-

-

-

-

-

Net cash from investing activities

-

-

-

-

-

-

-

-

-

-

-26,313

-

-63,038

-38,386

-37,152

-32,619

-48,847

-59,511

-7,323

-11,885

-25,103

-12,581

-16,807

2,473

-5,161

42,219

521

-

-

-

-

-

-

-

-

Net cash from investing activities

-12,989

-13,710

-27,988

-22,659

-45,201

-30,669

-53,059

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,779

180,106

-17,870

-85,078

36,649

30,675

70,481

Cash Flows from Financing Activities
Net increase in checking, savings and money market accounts

-

-

-

-

-

-

-

9,619

-10,448

-20,571

68,144

845

522

-1,119

45,534

17,843

-19,596

5,368

64,632

12,933

-23,950

-6,167

30,239

-

-

-

-

9,615

94

2,665

73,320

-

29,911

12,193

28,462

Net change in checking, savings and money market accounts

69,390

28,959

92,683

-

-16,806

21,228

58,111

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,189

-

-

-

-

-

-

-

-

Net change in certificates of deposit

-222,796

-59,554

-16,062

-130,712

234,004

47,223

52,228

8,450

55,205

9,435

55,856

41,103

16,775

-9,749

-14,663

7,416

-9,167

27,135

-5,724

-11,474

-5,147

-16,437

-23,913

-

-

-

-

-

-

-

-

-

-

-

-

Net change in advance payments by borrowers for taxes and insurance

-1,888

5,793

-7,650

10,698

-2,759

809

-6,594

8,990

-5,941

4,905

-7,261

9,054

-4,841

3,352

-4,927

6,814

-725

556

-5,375

-

-

-

-

-

-

-

-9,332

-

-

-

-

-

-

-

-

Net decrease in certificates of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11,865

-21,303

-

-51,151

-32,825

-89,958

3,090

-39,767

-26,919

-5,720

Net decrease in advance payments by borrowers for taxes and insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-642

-462

7,814

-

-

-

-

-9,469

559

87

8,515

-

2,761

-2,744

7,449

Net change in short-term FHLB advances

-189,000

-29,000

39,000

-197,000

202,000

-3,000

63,000

-28,000

0

11,000

75,500

15,000

-62,000

-52,000

-12,000

-16,000

-70,500

-39,500

34,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Federal Home Loan Bank advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

142,000

-

-

139,551

156,000

235,000

100,000

173,000

33,000

Repayment of Federal Home Loan Bank term advances, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

142,000

-

-

252,963

120,039

195,169

108,041

177,589

134,864

Net change in repurchase agreements and other borrowed funds

-146

-108

30

-14

47

-42

36

-9,994

2,146

1,206

-4,444

-5

-6

-6

-6

-

-

-

-

-

-

-

-6

-5

-5

-5

-5

-5

-5

-5

-5

-

-

-

-

Repayments of repurchase agreements and other borrowed funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

6

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the exercise of stock options

8

52

70

37

0

3

229

63

142

73

1

55

332

119

11

2

0

9

16

-1

11

154

8

0

18

132

5

-

-

-

-

-

-

-

-

Dividends paid

3,847

3,417

3,432

3,490

3,494

2,995

2,989

1,990

1,990

1,491

1,489

1,396

1,395

1,187

1,194

1,190

1,195

491

493

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury stock

31

7,668

3,611

7,253

32

106

475

12

96

172

437

25

446

6,539

2,586

701

808

8,547

277

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of preferred stock, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,332

-1,332

0

21,841

-

-

-

-

-

-

-

-

Issuance of common stock, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,340

1,194

6,556

14,091

-

-

-

-

-

-

-

-

Net cash from financing activities

-

-

-

-

-

-

-

-

-

-

34,870

-

72,941

36,871

34,169

16,179

39,003

63,525

18,773

23,282

10,582

-7,591

-1,486

-10,932

-24,632

-21,292

25,486

-

-

-

-

-

-

-

-

Net change in repurchase agreements and other borrowed funds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,649

Net cash from financing activities

29,690

-6,943

23,028

7,761

8,960

69,120

37,546

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-52,390

-144,402

10,803

62,541

-28,997

-18,055

-83,922

Change in cash and cash equivalents

-

-22,635

16,212

-

-

20,236

-139

8,870

-14,004

2,242

3,885

1,939

2,761

617

4,660

-8,770

-4,303

7,318

8,685

3,390

-14,000

-18,645

-15,096

-8,799

-24,126

32,172

35,471

-14,917

-40,992

53,604

-9,218

4,978

-6,340

16,820

1,571