Western New England Bancorp, Inc. WNEB Cash Flow

Western new england bancorp, inc. (WNEB)
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
11,999	13,349	13,754	14,438	16,319	16,408	12,213	12,118	10,736	12,320	14,527	11,340	7,973	4,834	4,383	5,366	6,341	5,715	5,974	5,874	5,852	6,162	6,311	6,380	6,622	6,756	6,500	6,307	5,697	6,254	6,229	6,336	6,927	5,874	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses
4,725	2,675	1,975	1,050	1,450	1,900	2,110	1,960	1,560	1,360	1,025	1,200	1,475	575	875	650	375	1,275	1,075	1,675	1,775	1,575	0	0	0	-	-	-	-	698	0	0	0	-	0	0	0
Provision (credit) for loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Depreciation and amortization of premises and equipment
2,044	2,079	2,104	2,110	2,090	2,055	2,027	1,996	1,984	1,965	1,928	1,751	1,581	1,429	1,297	1,301	1,303	1,315	1,311	1,276	1,243	1,189	1,147	1,147	1,123	1,102	1,077	1,047	1,043	1,049	1,052	1,063	1,079	1,120	0	0	0
Accretion of purchase accounting adjustments, net
38	-24	109	-108	879	1,094	1,994	2,499	1,937	2,373	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of core deposit intangible
375	376	375	375	375	375	375	375	375	375	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net amortization of premiums and discounts on securities and mortgage loans
2,420	2,371	2,141	2,084	2,164	2,417	2,443	2,554	2,688	3,181	3,266	3,461	3,521	3,447	3,808	4,068	4,599	4,670	4,716	4,742	4,501	4,263	4,187	4,014	4,165	4,248	4,500	4,781	4,587	4,411	4,041	3,660	3,472	3,424	0	0	0
Net amortization of premiums on modified debt
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	305	383	458	518	576	610	629	628	628	627	630	635	639	537	0	0	0	-	-	-	-
Share-based compensation expense
760	773	718	753	808	845	866	803	719	649	566	492	390	262	219	168	137	131	116	107	95	92	104	221	241	254	394	719	1,159	1,605	1,919	1,937	1,942	1,949	0	0	0
ESOP expense
816	834	852	894	927	960	992	989	989	958	884	783	688	630	598	599	596	582	569	568	569	576	579	584	594	599	601	608	613	628	620	641	669	694	0	0	0
Excess tax benefits from equity incentive plan
-	-	-	-	-	-	-	-	-	-	-	-	-55	12	5	5	4	2	0	-1	-1	-1	0	0	0	-	-	-	-	-96	311	274	266	89	0	0	0
Excess tax benefits from equity incentive plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-106	-104	-95	-93	0	0	0
Gain on available-for-sale securities, net
-109	-97	-43	-92	-45	-281	0	0	0	-	-	-	-	1,139	683	1,096	1,374	1,506	1,551	1,363	1,108	320	606	926	1,728	3,126	3,847	3,476	2,749	2,907	0	0	0	-	-	-	-
Net change in unrealized gain on marketable equity securities
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in unrealized (gain) loss on equity securities
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss (gain) on redemption and sales of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net gain on sales of other real estate owned
-	-	-	-	-	48	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other than temporary impairment losses on securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	102	0	0	0
Loss on sale of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6	0	0	0	-	-	-	-	-	-	-	-
Loss on prepayment of borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-915	-915	-1,344	-1,622	-1,300	0	0	0	-	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-
Loss on prepayment of borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Deferred income tax (benefit) expense
-	-	-	-	-	-	-	-	-	7,342	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	980	304	279	234	185	23	24	22	21	0	0	0
Income from BOLI
1,815	1,799	1,798	1,802	1,808	1,825	1,829	1,831	1,827	1,824	1,794	1,713	1,636	1,558	1,511	1,517	1,521	1,527	1,522	1,532	1,511	1,523	1,538	1,541	1,543	1,549	1,548	1,551	1,440	1,439	1,448	1,454	1,564	1,546	0	0	0
Gain on bank-owned life insurance death benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Net change in:
Accrued interest receivable
-420	-339	-371	-88	-238	-294	67	-13	370	164	746	442	683	464	-508	-488	-766	-335	-106	35	31	12	28	-296	-357	-401	-392	-222	331	580	375	517	-102	-248	0	0	0
Other assets
-4,159	7,204	749	4,982	6,598	-1,628	-581	2,959	2,653	3,549	3,674	2,722	1,712	1,564	1,295	223	55	56	101	334	91	150	434	1,022	432	21	-1,047	-2,150	-1,688	-976	-617	-365	-1,087	-1,587	0	0	0
Other liabilities
-4,166	2,310	5,049	7,869	8,627	1,811	-108	4,109	3,325	-1,318	-2,315	-5,764	-5,819	-6,494	-2,823	-3,173	-3,849	-308	-61	-447	508	77	-123	167	1,109	807	-883	-1,290	-1,705	-1,066	735	830	1,231	309	0	0	0
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	9,010	-	12,197	11,728	12,779	12,347	16,036	15,473	14,146	14,202	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by operating activities
20,931	15,379	23,688	22,127	22,213	24,638	25,659	25,492	24,039	18,861	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,864	12,287	14,175	14,790	0	0	0
INVESTING ACTIVITIES:
Purchases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,620	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from calls, maturities, and principal collections
-	-	-	-	-	-	-	-	-	-	-	-	-	6,836	16,476	23,344	32,989	39,372	34,679	31,686	25,245	14,433	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchases
81,559	74,508	58,888	31,079	29,613	16,896	12,146	33,306	34,629	67,246	94,897	92,773	96,597	87,246	62,274	47,975	85,674	141,074	155,043	177,771	135,857	66,784	99,321	82,999	118,303	212,765	230,068	270,263	329,745	375,168	379,945	417,637	343,502	257,289	0	0	0
Proceeds from sales and redemption
58,757	72,156	57,387	37,704	28,477	12,470	12,501	30,378	23,558	22,453	22,457	4,581	4,533	136,829	140,615	193,478	218,552	134,437	138,801	88,831	111,446	71,738	101,404	145,386	142,628	206,788	238,687	220,259	264,994	288,116	264,063	303,365	253,057	203,665	0	0	0
Proceeds from calls, maturities, and principal collections
59,353	35,386	33,428	25,202	25,390	25,060	25,732	29,729	35,634	53,915	59,049	69,425	77,902	59,112	51,846	40,274	30,421	36,298	37,456	33,315	26,146	24,135	26,580	32,718	41,295	61,270	73,781	82,980	94,493	86,210	98,529	95,140	86,527	89,183	0	0	0
Purchase of residential mortgages
-	-	-	-	-	-	-	-	-	48,205	49,021	72,386	133,236	108,448	121,260	129,173	94,121	90,743	92,033	63,718	52,013	53,272	41,490	30,770	32,079	37,700	40,900	45,696	61,288	62,895	62,310	65,350	49,049	58,241	0	0	0
Loan originations and principal payments, net
124,483	80,074	60,130	54,308	34,149	66,263	72,970	45,351	33,275	15,658	-18,248	-10,305	-1,175	-1,196	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan originations and principal payments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58,397	48,187	19,422	4,946	0	0	0	-	-	-	-	-	-	-	-
Redemption of Federal Home Loan Bank of Boston stock
-413	-218	-2,416	-3,828	-2,278	-858	0	0	0	-	-	-	-	-3,126	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of other real estate owned
-	-	-	-	-	203	248	321	321	410	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan originations and principal payments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Loan originations and principal payments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Purchase of Federal Home Loan Bank of Boston stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	156	0	0	0
Proceeds from redemption of other restricted stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	0	-	-	-	-
Proceeds from sale of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	958	0	0	0	-	-	-	-	-	-	-	-
Purchases of premises and equipment
1,799	1,285	1,763	2,079	3,024	3,327	3,132	2,759	1,992	2,212	2,567	2,604	2,295	1,487	721	886	892	3,220	3,892	3,990	4,041	1,937	1,169	865	1,023	1,020	1,077	1,180	1,088	1,129	1,138	974	793	514	0	0	0
Proceeds from sale of premises and equipment
-	27	82	82	107	100	0	0	0	-	-	-	-	20	20	41	41	44	44	30	40	40	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of bank-owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	0	0	0
Net cash (used in) provided by investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	100,040	-	-39,520	-105,632	-62,424	-45,472	-58,616	26,375	18,894	14,981	0	0	0	-	-	-	-	-	-	-	-
Net cash (used in) provided by investing activities
-89,318	-48,080	-27,468	-20,650	-8,484	-45,745	-47,448	-32,232	-22,754	-55,972	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-59,689	-63,418	-38,911	-13,306	0	0	0
FINANCING ACTIVITIES:
Net increase in deposits
76,203	81,946	60,610	92,910	76,329	90,189	94,187	57,004	33,214	-11,097	7,955	29,505	47,933	72,270	53,517	23,198	54,821	66,145	80,256	79,124	66,608	17,106	35,275	35,908	34,499	63,699	39,102	35,131	23,566	20,455	33,894	36,460	41,095	32,623	0	0	0
Net change in short-term borrowings
10,000	-24,250	-20,000	-16,000	-20,000	-85,400	-137,465	-125,008	-121,883	-27,701	7,192	41,301	13,290	38,944	59,051	33,456	75,968	34,410	42,537	51,500	24,165	45,800	16,901	-10,221	2,633	-21,737	20,432	11,398	-14,410	16,949	-14,192	9,405	15,099	-9,952	0	0	0
Repayment of long-term debt
100,954	84,763	74,292	66,875	49,537	69,578	54,807	47,953	51,195	21,185	25,300	21,740	59,070	89,933	97,483	119,493	93,202	80,950	82,300	59,521	42,243	21,650	10,520	25,370	43,744	66,620	98,767	81,767	64,893	88,748	53,231	51,381	49,881	5,150	0	0	0
Proceeds from long-term debt
-	-	-	-	-	113,000	173,000	145,182	140,532	61,420	2,519	3,381	3,111	2,264	1,202	195	151	146	145	5,144	5,143	5,142	5,141	141	140	32,139	48,138	60,136	103,136	118,735	102,734	90,734	47,733	14,132	0	0	0
Return of dividends issued in connection with equity incentive plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	121	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid
5,187	5,274	5,120	4,980	4,831	4,641	4,395	4,144	3,878	3,579	3,570	3,185	2,806	2,439	2,077	2,079	2,086	2,098	2,110	2,664	3,234	3,832	4,468	4,563	5,732	5,872	8,382	8,674	10,461	10,721	12,553	12,677	14,225	14,305	0	0	0
Common stock repurchased
11,867	19,455	29,847	31,843	33,720	22,920	15,746	14,927	10,653	9,314	0	0	0	-	-	-	-	3,906	3,654	5,346	9,444	10,518	13,856	11,489	16,052	20,093	34,123	38,980	34,560	32,083	19,193	15,985	12,658	9,708	0	0	0
Issuance of common stock in connection with stock option exercises
-	106	64	74	74	114	114	104	1,300	5,465	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,041	1,249	1,062	984	359	0	0	0
Excess tax benefits from equity incentive plan
-	-	-	-	-	-	-	-	-	-	-	-	-	12	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits in connection with stock option exercises
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-96	311	274	266	89	0	0	0
Excess tax shortfalls benefits in connection with equity incentive plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-106	-104	-95	-93	0	0	0
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	33,425	-	34,874	68,236	40,994	32,168	28,591	-18,192	-30,853	-21,202	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
50,580	30,653	-12,820	1,286	1,315	20,764	54,888	10,258	-12,563	-5,991	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38,913	57,803	28,333	8,010	0	0	0
NET CHANGE IN CASH AND CASH EQUIVALENTS:
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET CHANGE IN CASH AND CASH EQUIVALENTS:
-	-	-	-	-	-343	33,099	3,518	-11,278	-43,102	-21,903	-1,860	-114,478	56,531	28,823	7,573	142,475	-5,082	7,551	-25,668	-8,651	-957	-13,989	23,656	2,187	7,981	16,765	-4,804	1,979	-9,344	-7,912	6,672	3,597	9,494	0	0	0
Interest paid
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities reclassified to loan portfolio
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	606	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net change in cash due to broker for common stock repurchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes paid
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Securities reclassified from held-to-maturity to available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-232,817	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in cash due to broker for common stock repurchased
-	-221	-149	-226	-239	-83	-624	-684	239	-151	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash due to broker for common stock repurchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-704	-288	-352	0	0	0	-	-	-	-