Wellesley bancorp, inc. (WEBK)
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'12Mar'11
Cash flows from operating activities:
Net income

6,239

6,000

6,420

5,941

5,856

5,991

4,615

4,224

3,741

3,185

3,706

3,295

3,085

2,936

3,119

3,064

2,922

2,649

2,180

1,996

1,842

1,777

0

0

0

-

-

2,396

2,247

1,099

0

0

0

0

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

1,230

915

675

735

760

585

753

873

800

735

497

372

375

437

487

512

487

475

360

390

510

640

730

700

580

500

500

500

500

550

0

0

0

0

Depreciation and amortization

853

829

804

766

758

767

764

758

750

746

750

775

771

749

725

689

667

658

641

633

617

596

559

457

407

350

314

340

319

290

0

0

0

0

Net amortization of securities

-117

-144

-155

-152

-144

-143

-177

-204

-225

-237

-227

-212

-198

-276

-254

-289

-297

-222

-245

-193

-175

-159

-156

-188

-213

-235

-286

-300

-275

-286

0

0

0

0

Gains on sales of securities, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sales of securities, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

0

0

0

-

-

-

-

-

-

-

-

-

Principal balance of loans sold

29,984

25,083

16,469

12,271

8,687

8,544

7,155

9,216

11,378

11,747

19,735

24,105

29,555

30,739

24,674

20,506

18,418

22,095

24,860

23,796

21,363

19,309

14,552

17,408

19,353

29,734

0

0

0

-

-

-

-

-

Loans originated for sale

32,073

28,437

22,122

13,845

8,687

8,544

7,853

8,755

11,378

10,293

17,517

22,347

28,074

31,061

26,919

21,095

18,344

22,851

24,087

24,654

21,842

19,129

15,474

16,482

18,416

21,429

0

0

0

-

-

-

-

-

Accretion of net deferred loan fees

658

638

669

638

616

611

567

592

573

570

544

510

493

524

552

547

498

412

393

421

454

450

543

569

601

599

485

408

377

398

0

0

0

0

Amortization of subordinated debt issuance costs

28

29

29

30

30

30

31

31

32

33

33

34

35

35

27

18

9

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Income on bank-owned life insurance

236

236

236

236

235

234

234

233

232

232

230

229

229

230

232

232

233

232

232

232

233

234

236

237

235

222

208

196

186

177

0

0

0

0

Deferred income tax provision

-481

-274

-290

-296

-286

-255

465

331

290

240

-370

-183

-60

-30

-256

-191

-251

-304

-10

-97

-76

-161

83

-7

271

338

-104

60

-5

-796

0

0

0

0

Issuance of common stock to Wellesley Bank Charitable Foundation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,575

0

0

0

-

ESOP expense

443

418

403

412

408

406

395

371

354

348

339

320

299

270

252

248

245

246

246

243

241

241

240

236

229

219

222

213

205

181

0

0

0

-

Share-based compensation

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share-based compensation

-

-

-

-

-

-

-

-

567

614

649

604

564

537

509

504

500

500

452

442

438

431

471

473

469

462

0

0

0

-

-

-

-

-

Net change in other assets and liabilities

-1,863

240

315

562

1,256

348

1,692

1,607

-329

-1,264

-2,189

22

580

763

442

-1,377

-566

-104

517

457

283

26

0

0

0

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,072

4,731

3,096

3,694

1,809

2,275

3,114

0

0

0

-

-

-

-

-

-

-

-

-

Net change in other assets and liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

Accrued interest receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

Prepaid FDIC assessment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

Net cash provided by operating activities

7,605

3,930

1,659

5,103

5,937

6,853

4,443

5,321

6,283

8,054

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,288

-5,317

0

0

0

0

Cash flows from investing activities:
Maturities of certificates of deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

Purchases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Maturities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Maturities, prepayments and calls

11,642

9,826

9,365

11,086

14,447

11,710

10,311

9,320

5,339

5,415

5,574

5,011

12,362

14,740

16,990

20,524

17,955

20,660

17,950

16,388

13,534

9,839

9,258

7,803

8,545

7,802

10,846

14,171

12,434

12,022

0

0

0

0

Purchases

-

-

-

-

-

-

-

11,539

6,521

7,072

5,183

7,213

14,621

18,926

34,819

38,824

31,748

32,890

27,879

26,488

26,156

26,493

17,183

13,346

15,609

7,805

7,076

8,735

11,578

17,536

0

0

0

0

Proceeds from sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

903

0

0

0

-

-

-

-

-

-

-

-

-

Purchase (redemption) of Federal Home Loan Bank stock

2,360

159

696

220

-2,022

-1,190

0

0

0

-

-

-

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

75

0

0

0

-

Redemption (purchase) of Federal Home Loan Bank stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of Federal Home Loan Bank stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

Net loan originations

77,566

97,705

105,541

116,743

99,168

50,704

71,643

87,182

92,571

110,336

100,010

87,126

75,467

68,738

66,893

77,928

85,919

84,480

69,787

55,995

48,451

59,710

76,158

86,798

86,824

89,528

0

0

0

-

-

-

-

0

Loan originations, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

Additions to premises and equipment

523

629

1,047

1,172

1,302

1,241

897

504

295

344

271

489

901

1,159

1,271

1,044

615

377

466

499

616

585

1,269

1,788

1,821

2,112

1,208

715

713

1,188

0

0

0

0

Proceeds from sale of premises and equipment

-

-

-

-

-

63

110

110

61

47

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-75,416

-79,321

-76,468

-79,830

-67,998

-62,140

-76,494

0

0

0

-

-

-

-

-

-

-

-

-

Net cash used by investing activities

-40,325

-60,185

-71,485

-112,477

-94,404

-51,896

-75,485

-89,301

-93,914

-112,469

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-79,676

-79,185

0

0

0

0

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

-15,897

34,536

88,242

87,054

108,014

101,189

88,954

107,952

116,843

93,932

85,717

50,697

54,749

59,072

43,115

56,108

41,208

41,493

63,311

41,443

48,341

64,727

61,958

85,708

79,167

59,459

47,401

52,299

52,983

52,813

0

0

0

0

Proceeds from issuance of long-term debt

37,000

33,000

33,000

33,000

18,000

36,000

36,000

39,000

38,000

39,000

47,500

52,585

48,085

26,085

0

0

0

-

-

-

-

-

-

-

-

20,500

22,500

27,500

25,000

26,000

0

0

0

-

Repayments of long-term debt

17,338

17,332

17,824

37,816

52,810

54,646

60,904

57,166

46,927

44,846

38,345

25,928

23,927

15,925

24,424

22,309

18,224

20,140

8,055

8,000

6,000

6,000

0

0

0

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

77,938

71,898

82,279

80,523

64,721

64,131

73,584

0

0

0

-

-

-

-

-

-

-

-

-

Net proceeds from the issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

Acquisition of common stock by ESOP

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

Increase in short-term borrowings

27,000

5,000

23,500

24,000

500

-23,000

500

5,750

5,250

16,750

0

0

0

-

-

1,250

6,000

18,000

14,000

14,000

0

-7,000

0

0

0

-

-

-

-

-

-

-

-

0

Conversion of stock subscriptions to common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,666

0

0

0

-

Stock options exercised

1,207

1,093

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

69

0

0

0

-

-

-

-

-

-

-

-

-

Common stock repurchased

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock repurchased

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

486

0

0

0

-

-

-

-

-

Cash dividends paid on common stock

593

578

562

546

530

517

502

488

475

448

427

400

375

348

326

302

277

265

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

31,325

55,699

126,976

106,297

73,427

59,231

64,226

95,112

112,755

104,452

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

68,427

69,196

0

0

0

0

Net change in cash and cash equivalents

-1,395

-556

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash and cash equivalents

-

-

-

-

-

-

-

-

25,124

37

6,360

-1,432

7,860

247

8,778

7,594

-2,692

8,907

4,387

-1,468

4,266

204

-1,325

5,390

-1,860

849

-10,843

-5,579

-9,961

-15,306

0

0

0

0

Supplementary information:
Interest paid

12,766

12,998

12,388

10,806

9,745

8,709

7,347

6,456

5,639

5,250

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,392

4,031

3,659

3,499

3,422

3,435

3,400

3,267

3,100

2,911

2,776

2,694

2,660

2,639

2,596

0

0

0

0

Income taxes paid

2,233

2,563

2,534

2,505

2,782

2,782

2,772

3,291

3,034

2,820

2,943

2,677

1,810

2,019

1,757

1,790

1,625

1,490

1,323

1,055

1,273

1,233

624

1,453

1,713

1,623

2,112

1,498

935

1,100

0

0

0

0