Washington trust bancorp inc (WASH)
CashFlow / TTM
Mar'20Dec'19Sep'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 (Loss) Attributable to Parent

63,524

69,118

70,618

69,315

69,716

68,432

59,378

54,829

50,354

45,925

50,105

49,470

47,328

46,481

45,063

42,944

43,390

43,465

43,912

44,242

42,536

40,824

39,422

38,844

38,030

36,153

35,387

34,327

34,057

35,074

33,828

32,510

31,362

29,724

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Provision for Loan and Lease Losses

7,961

1,575

2,375

2,325

2,200

1,550

950

1,900

2,200

2,600

5,300

5,800

5,550

5,650

3,500

1,900

1,550

1,050

800

1,200

1,550

1,850

1,750

1,850

2,100

2,400

2,600

2,500

2,400

2,700

3,100

3,500

4,100

4,700

0

0

0

Depreciation of premises and equipment

3,236

3,291

3,306

3,324

3,293

3,282

3,295

3,325

3,380

3,454

3,527

3,620

3,664

3,651

3,583

3,456

3,387

3,381

3,318

3,284

3,232

3,133

3,144

3,170

3,219

3,283

3,332

3,306

3,277

3,213

3,219

3,218

3,190

3,174

0

0

0

Foreclosed and repossessed property valuation adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-131

-251

-251

-350

-548

-421

-916

-642

0

0

0

Net amortization of premium and discount on securities and loans

5,189

4,492

3,821

3,373

2,992

2,865

3,023

3,196

3,228

3,426

3,537

3,418

3,282

2,779

2,221

1,768

1,600

1,568

1,476

1,403

1,138

999

877

887

1,160

1,401

1,644

1,901

2,065

2,127

2,298

2,217

1,917

1,768

0

0

0

Amortization of Intangible Assets

934

943

953

962

970

979

953

961

971

1,000

1,105

1,173

1,238

1,284

1,299

1,238

1,072

904

726

627

635

644

653

662

671

680

689

701

714

728

801

849

900

951

0

0

0

Share-based compensation

3,142

3,124

2,920

2,786

2,673

2,602

2,682

2,698

2,639

2,577

2,428

2,279

2,205

2,190

2,068

2,027

2,086

2,074

2,087

2,075

1,969

1,880

1,932

1,958

1,786

1,876

1,935

1,965

2,131

1,962

1,761

1,590

1,479

1,394

0

0

0

Tax benefit from stock option exercises and other equity awards

156

248

244

316

296

496

548

510

520

508

1,000

1,080

1,186

1,016

606

513

613

694

636

654

639

578

598

685

539

570

493

373

177

210

196

160

143

115

0

0

0

Bank Owned Life Insurance Income

2,269

2,354

2,356

2,359

2,330

2,196

2,161

2,135

2,140

2,161

2,173

2,148

2,696

2,659

2,612

2,589

1,991

1,982

1,972

1,942

1,891

1,846

1,812

1,808

1,828

1,850

1,871

2,413

2,429

2,448

2,462

1,944

1,949

1,939

0

0

0

Net gain on sale of business line

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,265

6,265

6,265

6,265

0

0

0

0

-

-

-

-

-

-

-

-

Net gains on loan sales and commissions on loans originated for others, including fair value adjustments

17,871

14,332

12,548

10,282

9,544

9,749

10,937

11,404

11,401

10,991

12,459

13,251

13,272

13,137

11,212

9,431

9,375

9,826

9,410

9,189

8,148

6,802

6,239

8,380

10,158

13,085

16,010

15,631

15,161

14,092

12,551

10,124

7,646

5,074

0

0

0

Net gain on sale of portfolio loans

-

-

-

-

-

-

-

-

-

-

-

-

-

135

135

135

135

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized gains on securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

698

0

0

0

Net impairment losses recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,489

2,784

2,784

2,784

221

209

367

367

191

0

0

0

Net losses (gains) on interest rate swap contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

393

402

246

255

99

-11

-42

6

0

0

0

Equity in (earnings) losses of unconsolidated subsidiaries

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-295

-

-287

-281

-319

-276

-255

-239

-189

-107

17

91

272

196

334

163

-106

-213

0

0

0

Proceeds from sales of loans

627,808

530,713

450,922

408,893

354,058

391,960

433,112

440,281

469,806

472,556

526,801

544,929

547,372

551,788

482,609

455,412

456,786

477,616

446,388

390,471

326,519

257,244

234,643

269,899

324,753

415,186

499,938

522,435

508,022

479,925

450,391

369,413

286,841

208,275

0

0

0

Loans originated for sale

645,219

525,675

463,164

403,958

346,548

378,896

419,857

435,518

454,341

461,262

500,976

529,197

539,585

532,950

487,087

448,166

425,659

462,663

434,938

398,744

356,281

285,938

252,140

257,251

300,960

369,045

463,966

527,614

511,833

495,271

448,979

358,479

324,191

206,242

0

0

0

Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability

-

-

-

-

-

-

-

-

-

-643

-310

-1,249

-1,233

-898

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Increase) decrease in operating lease right-of-use assets

2,152

2,131

1,422

748

673

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in operating lease liabilities

2,003

1,992

1,312

643

666

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Increase) decrease in other assets

73,999

27,961

27,792

17,047

7,505

7,456

20,149

19,334

19,043

8,794

-14,155

-15,941

-12,231

-984

29,567

25,986

16,305

4,165

1,980

6,611

8,000

8,250

14,258

4,537

414

-1,717

-11,968

-363

5,919

7,987

11,248

8,203

-103

2,804

0

0

0

Increase (decrease) in other liabilities

78,312

31,552

32,576

21,223

12,306

9,257

18,037

16,023

12,331

5,318

-18,261

-22,462

-14,540

-7,163

20,993

18,980

7,078

-1,717

-1,934

1,662

4,827

3,052

8,917

1,585

2,459

-4,763

-15,811

-6,645

-4,788

-331

8,053

5,970

-371

3,014

0

0

0

Net cash provided by (used in) operating activities

49,615

73,435

61,815

78,806

82,334

82,876

74,263

60,721

64,043

59,385

74,532

60,244

53,510

59,749

32,835

44,322

66,091

52,260

50,623

30,606

10,512

2,648

14,009

43,936

57,465

79,816

62,744

18,131

14,800

5,467

27,501

40,124

30,729

37,199

0

0

0

Cash flows from investing activities:
Purchases of mortgage-backed securities available for sale

187,612

178,797

150,934

186,182

196,991

175,539

150,848

115,600

109,603

89,194

218,654

404,378

420,855

431,662

291,378

107,179

75,737

44,682

0

0

0

-

-

-

-

91,928

66,569

1,036

1,036

0

20,856

24,353

65,533

115,208

0

0

0

Purchases of other investment securities available for sale

62,013

27,520

55,807

85,707

85,707

76,264

70,941

41,041

41,041

59,940

71,147

101,147

121,647

121,679

96,050

99,051

108,779

88,784

0

0

0

-

-

-

-

25,404

25,404

424

203

0

0

0

0

-

-

-

-

Proceeds from sale of other investment securities available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46,889

0

0

0

Proceeds from sale of other available for sale debt securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

547

547

547

547

0

0

0

0

-

-

-

-

9,572

0

0

0

Maturities and principal payments of mortgage-backed securities available for sale

171,652

147,620

115,800

93,517

82,815

83,197

85,554

86,790

84,998

84,381

86,972

80,838

74,608

65,673

53,217

47,505

48,098

50,083

51,077

51,253

77,923

76,703

77,312

83,807

65,023

77,644

91,117

100,271

104,332

111,906

118,946

118,202

116,489

115,500

0

0

0

Maturities and principal payments of other investment securities available for sale

168,306

108,306

51,641

11,551

16,801

7,301

7,597

19,911

16,696

22,071

40,084

62,530

109,630

108,256

90,943

106,604

59,600

60,085

63,458

24,667

27,154

43,012

42,307

30,677

30,874

10,720

11,452

11,682

5,822

5,813

1,411

1,536

1,536

855

0

0

0

Maturities and principal payments of mortgage-backed held to maturity debt securities

-

-

-

-

-

2,029

2,270

2,413

2,619

2,950

3,447

3,799

4,129

4,193

4,096

4,395

4,758

4,960

5,090

5,041

4,622

4,445

4,537

5,691

7,625

9,993

11,743

12,614

11,980

11,177

9,521

6,331

4,014

1,489

0

0

0

Remittance (purchases) of Federal Home Loan Bank stock

5,551

4,785

505

3,478

6,898

5,551

2,352

1,641

-2,587

-2,612

4,924

10,337

17,199

18,813

-481

-3,427

-11,215

-13,414

0

0

0

-

-

-

-

-2,688

-2,688

-2,688

-2,688

-1,590

-1,590

-1,590

-1,590

0

0

0

0

Net proceeds from the sale of business line

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,205

7,205

7,205

7,205

0

0

0

0

-

-

-

-

-

-

-

-

Proceeds received and deferred in connection with sale of business line

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Net (increase) decrease in loans

246,095

154,502

216,581

241,042

344,875

306,299

213,521

270,164

145,223

120,582

106,121

25,398

68,191

112,966

159,385

139,486

167,391

152,306

272,452

343,490

396,685

389,649

313,347

236,633

195,607

208,125

135,337

146,010

150,613

138,084

161,441

164,895

128,619

148,652

0

0

0

Purchases of loans

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of portfolio loans

-

-

-

-

-

-

-

-

-

-

-

-

-

510

510

510

510

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of loans

-

-

-

-

-

1,780

21,291

21,954

21,798

20,278

37,119

96,483

113,464

113,562

77,388

18,004

2,327

3,085

3,931

4,191

6,041

8,119

8,607

9,511

10,137

10,645

14,565

14,644

12,633

10,469

10,939

9,608

9,245

9,677

0

0

0

Proceeds from the sale of property acquired through foreclosure or repossession

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,769

2,076

1,778

2,787

2,588

2,362

2,964

3,309

3,366

3,203

2,398

2,456

2,190

0

0

0

Payments to Acquire Property, Plant, and Equipment

2,105

3,132

4,422

4,270

4,818

3,974

2,915

3,207

2,857

2,779

2,688

2,543

2,668

3,112

4,867

4,951

5,430

5,479

5,131

4,889

5,161

5,226

3,628

3,335

2,355

1,491

1,775

2,494

3,885

5,110

5,920

5,858

4,583

3,644

0

0

0

Proceeds from surrender of bank-owned life insurance

0

326

326

326

326

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-260,903

-160,115

-258,746

-404,629

-543,230

-481,831

-370,858

-348,653

-212,569

-179,706

-309,637

-497,429

-557,872

-625,377

-481,093

-204,253

-235,574

-165,885

-227,737

-378,571

-385,137

-357,372

-304,507

-195,735

-160,233

-184,062

-45,127

-3,397

4,909

25,337

-79,938

-106,698

-120,162

-158,576

0

0

0

Cash flows from financing activities:
Net increase (decrease) in deposits

202,054

-25,166

171,805

183,011

247,826

281,341

257,267

300,422

140,863

178,955

119,707

231,839

235,920

129,497

201,094

50,231

96,508

179,437

97,392

153,022

191,489

249,497

284,057

281,488

272,013

192,690

220,172

174,156

174,079

186,316

148,509

134,410

96,715

89,985

0

0

0

Net increase (decrease) in other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

568

-282

-610

-18,546

-20,729

-21,524

-20,648

-3,601

0

0

0

Proceeds from Federal Home Loan Bank advances

2,329,000

1,982,000

1,911,500

1,927,000

2,057,000

2,040,000

1,815,001

1,830,001

1,692,501

1,352,501

1,447,500

1,446,250

1,331,250

1,428,750

1,128,750

812,500

648,000

495,500

691,499

691,499

668,499

602,499

259,000

234,000

158,000

204,000

358,249

468,249

591,750

627,179

653,430

629,327

606,326

514,475

0

0

0

Repayment of Federal Home Loan Bank advances

2,186,595

1,791,258

1,783,106

1,767,093

1,809,548

1,880,634

1,800,654

1,798,681

1,682,565

1,410,075

1,305,070

1,216,527

1,019,698

958,793

838,784

643,811

546,803

522,824

571,535

542,234

485,936

484,284

285,800

285,285

295,789

277,090

487,439

618,897

755,465

806,457

729,853

663,778

570,628

472,747

0

0

0

Treasury stock purchased

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of contingent consideration liability

-

-

-

-

-

1,217

1,217

1,217

1,217

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock under dividend reinvestment plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

754

0

0

0

Net proceeds from stock option exercises and issuance of other equity awards

-220

273

-237

-551

-99

-671

-542

-194

-367

366

889

1,169

1,179

977

899

951

940

1,563

1,543

1,399

1,391

1,189

986

3,385

3,622

3,681

3,293

922

875

1,257

1,411

1,167

1,003

885

0

0

0

Cash dividends paid

34,919

34,189

32,778

31,422

30,726

29,312

28,589

27,639

26,667

26,300

25,913

25,527

25,206

24,637

24,085

23,653

23,192

22,770

22,348

21,471

20,592

19,722

18,685

17,965

17,176

16,628

16,249

15,893

15,492

15,133

14,779

14,588

14,395

14,205

0

0

0

Net cash provided by (used in) financing activities

304,998

131,660

267,184

310,945

464,453

409,507

241,266

302,692

122,548

95,447

237,113

437,204

523,445

575,794

467,356

195,751

175,347

130,906

197,187

282,869

355,501

349,757

240,571

217,321

111,891

96,913

68,777

-1,682

-4,686

-25,174

38,185

65,444

99,035

115,661

0

0

0

Net increase (decrease) in cash and cash equivalents

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

10,552

-55,329

14,760

-25,978

-24,874

2,008

19

19,083

10,166

19,098

35,820

5,864

17,281

20,073

-65,096

-19,124

-4,967

-49,927

65,522

9,123

-7,333

86,394

13,052

15,023

5,630

-14,252

-1,130

9,602

-5,716

0

0

0

Noncash Investing and Financing Activities:
Loans charged off

2,552

2,020

2,186

1,316

600

1,187

1,936

2,534

3,073

2,462

4,037

5,398

5,616

7,012

5,294

3,964

3,459

2,305

1,712

1,135

1,047

1,949

2,341

2,963

6,871

6,022

5,853

5,507

2,028

2,335

2,721

3,115

3,463

3,834

0

0

0

Loans transferred to property acquired through foreclosure or repossession

2,028

2,000

2,000

0

0

3,074

3,074

3,074

3,240

576

606

606

875

1,075

1,760

1,760

1,586

1,206

793

1,436

1,770

1,961

2,057

1,437

842

1,471

985

2,407

2,698

3,167

4,035

3,040

3,421

2,031

0

0

0

Operating lease right-of-use assets

0

28,923

28,923

28,923

28,923

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

0

30,853

30,853

30,853

30,853

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of debt securities transferred from held-to-maturity to available for sale

0

10,316

10,316

10,316

10,316

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental Disclosures:
Interest Payments

64,893

64,496

59,857

54,050

47,320

41,285

36,771

33,152

30,749

29,687

27,686

25,911

24,266

22,267

21,350

21,239

21,474

21,947

22,773

22,597

22,146

21,862

21,572

22,188

23,109

24,194

25,189

26,501

27,960

29,657

31,522

32,486

34,361

35,594

0

0

0

Income tax payments

19,659

19,759

19,094

18,364

17,376

17,148

19,301

22,709

26,330

25,988

24,234

21,799

19,682

19,822

20,078

20,420

20,609

20,213

17,776

17,215

15,560

15,515

14,824

14,255

13,780

13,618

13,576

14,361

14,440

14,777

16,320

15,298

14,414

13,390

0

0

0