Waterstone Financial, Inc. WSBF Cash Flow

Waterstone financial, inc. (WSBF)

CashFlow / Quarterly

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
Operating activities:
Net income
6,069	8,794	10,924	9,643	6,542	5,678	8,703	9,420	6,953	3,115	7,389	8,888	6,572	6,399	7,505	7,767	3,861	3,072	5,198	5,284	3,016	2,314	4,764	3,771	1,883	1,937	3,219	4,927	4,625
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for loan losses
785	-170	-80	30	-680	0	40	-220	-880	0	20	25	-1,211	40	135	0	205	245	580	805	335	300	315	285	250	572	1,000	1,200	1,760
Provision for depreciation
646	678	614	607	608	592	588	558	558	501	506	523	520	554	614	745	702	769	766	773	798	820	833	827	803	781	710	620	606
Deferred Taxes used for the Cash Flow Statement reporting.
40	-	-465	581	1,187	-	1	-494	-305	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Total
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	808	962	1,953	1,671
Stock based compensation
214	235	234	229	369	433	451	436	440	475	479	474	474	483	488	542	400	483	483	475	1,376	-40	27	27	95	30	31	33	32
Net amortization of premium/discount on debt and mortgage related securities
58	41	51	44	69	71	102	123	148	158	159	175	190	242	239	258	252	294	326	342	343	368	404	410	401	439	531	613	620
Amortization of unearned ESOP shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-340	-322	-328	-348	-219	-207	-200	-161	-150
Amortization Of MSR
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	177	124	-21	221	121	335	221	300	269
The decrease in unearned employee stock ownership plan.
449	486	444	438	437	434	448	458	456	494	553	427	482	465	429	377	362	-	-	-	-	-	-	-	-	-	-	-	-
Amortization and impairment of mortgage servicing rights
104	14	58	42	67	45	57	40	49	35	22	30	19	85	124	225	164	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of loans held for sale
31,837	32,904	37,720	34,753	23,551	24,160	33,016	31,666	20,684	27,732	33,942	38,630	21,647	29,673	38,552	34,733	20,196	22,447	27,463	28,604	19,868	29,382	15,554	24,597	12,613	16,772	13,377	23,403	19,996
Loans originated for sale
687,694	760,274	822,827	778,882	491,239	582,200	736,919	701,553	489,155	577,019	662,125	737,913	481,313	622,472	710,100	675,132	371,222	441,049	549,967	596,141	398,990	404,581	489,775	471,754	295,266	331,220	441,507	548,219	430,108
Proceeds on sales of loans originated for sale
676,918	810,827	866,828	692,593	533,395	657,419	720,215	717,903	532,097	629,991	717,575	699,625	608,482	654,662	729,693	608,445	450,547	438,789	643,541	581,673	379,083	453,083	529,606	434,730	298,051	348,155	489,745	543,745	479,549
Increase in accrued interest receivable
147	-241	-11	-98	357	-44	368	-184	273	349	141	-166	319	-31	183	-305	326	-139	257	-224	185	-195	280	-73	213	-147	104	-105	500
Increase in cash surrender value of life insurance
353	356	728	507	344	352	695	473	328	331	688	470	318	321	734	471	241	222	636	352	207	208	630	306	146	147	528	261	140
Increase (decrease) in accrued interest on deposits and borrowings
-38	72	-44	103	33	241	119	131	18	-32	-68	140	-70	-111	-404	-55	-156	76	7	-40	-1	51	-13	-9	-24	22	-7	-71	-64
Increase (decrease) in other liabilities
-	-	-	-	-	-	-	1,407	-2,166	-	896	3,317	-3,877	-1,234	1,744	4,200	-51	-421	-1,644	6,196	-1,706	-2,133	-5,473	6,231	-206	-1,417	-6,344	6,701	-4,947
(Increase) decrease in prepaid income tax
-96	1,482	-1,230	-460	-122	912	478	-995	783	-402	956	43	1,089	-729	-195	-520	887	1,124	-189	-1,145	-1,257	2,145	-687	-224	-781	139	790	1,633	557
Loss on sale of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	44	0	0	0	0	0	0	0	-9
Net gain on real estate owned
5	284	0	8	12	54	207	205	-201	13	113	213	-315	74	126	-22	19	-541	-48	-282	-97	-68	-313	-231	-47	102	511	450	352
Refers to the gain (loss) on sale of mortgage servicing rights.
-	-	-	-	-	-	-	-	-	-130	0	0	308	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain Sale Of MSR
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6	-	-607	0	-1,786	-1,233	-1,345	0	0
Other
2,968	-2,818	-10,550	5,853	8,882	-8,485	-1,764	2,149	6,549	-993	-2,446	400	1,606	-876	-5,663	2,490	6,957	68	-2,799	1,548	2,677	2,163	-4,032	29	-5,085	-2,549	-4,507	5,641	2,588
Net cash provided by (used in) operating activities
-37,663	28,072	29,586	-115,641	17,764	66,680	-38,436	-5,105	19,797	33,561	32,012	-63,772	105,296	-	-	-	-	-	-	-	-36,862	20,663	28,956	-49,317	-2,518	4,952	36,613	-19,320	30,039
Investing activities:
Net cash provided by (used in) operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	56,438	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in loans receivable
21,293	2,794	14,799	-8,453	756	21,470	15,684	27,391	23,103	31,202	36,652	31,564	17,469	26,980	22,186	19,927	-1,017	-	-	-	-	-	-	-	-	-	-	-	-
Result of purchase and sale of Federal Home Loan stock activity.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,650	0	-	-	-	-	-	-	-	-	-	-	-	-
Net change on FHLB stock
1,800	-	-225	2,925	0	-	225	675	1,800	-	-225	6,750	-1,350	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in loans receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-32,211	22,060	-	1,343	-23,949	-14,535	-4,951	8,967	9,621	2,496
Purchases of [Abstract]
Mortgage related securities
686	16,739	5,362	4,014	2,745	14,879	6,141	7,038	0	9,887	1,964	0	4,976	3,979	0	0	5,236	17,817	0	5,448	10,485	0	10,718	60,595	9,524	5,082	4,022	4,064	3,096
Purchase of Debt Securities
2,500	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,945	3,040	8,239	26,316
Certificates Of Deposits Cash Flow
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-735	1,225	-245	-980	0
Premises and equipment, net
241	867	525	1,392	330	2,705	680	356	221	638	244	190	505	160	236	205	484	924	1,111	563	368	246	185	810	708	1,592	1,675	1,556	537
Bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	180	10,000	0	0	180	0	-	-	-	-	-	-	-	-
Proceeds from [Abstract]
Principal repayments on mortgage-related securities
9,729	-	8,990	6,933	5,997	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal repayments on mortgage-related securities
-	-	-	-	-	-	-	-	7,245	-	8,237	8,583	8,357	10,246	10,574	10,125	8,990	9,108	10,995	11,796	8,856	7,853	6,110	8,310	6,242	6,447	8,603	10,866	11,036
Maturities of debt securities
1,555	6,245	0	1,585	250	1,845	5,485	740	2,365	1,745	8,096	4,360	1,485	8,235	675	4,965	980	1,350	2,470	4,955	735	4,844	3,235	5,990	3,795	1,245	2,865	1,245	815
Sales of debt securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,034	0	0	0	0	0	0	0	921
Sales of real estate owned
59	1,470	0	676	528	6	672	1,259	1,197	629	985	985	1,134	2,492	1,592	1,748	1,964	6,384	4,857	7,232	6,243	10,172	2,494	3,304	3,781	4,292	8,846	5,954	8,512
Net cash used in investing activities
-15,177	-1,761	-11,471	9,136	2,944	-30,622	-8,094	-26,838	-14,317	-29,987	-27,457	-26,808	-10,624	-	-	-	-	-	-	-	28,075	28,084	2,279	-93,927	-11,684	-2,667	20,238	12,667	-6,169
Financing activities:
Net cash (used in) provided by investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,769	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in deposits
18,292	28,207	-15,427	17,655	-1,154	34,045	9,010	21,216	6,844	10,607	19,380	-8,648	-3,370	-6,238	12,940	24,413	24,935	20,206	22,841	-4,420	-9,226	-11,191	26,513	19,238	-25,037	372,456	-20,722	-21,912	-24,594
Net change in short term borrowings
38,618	-32,233	22,114	5,230	13,405	-16,086	18,609	-26,842	-16,920	-19,218	-42,600	63,339	-28,391	9,172	63,238	-11,477	5,019	7,203	-10,000	10,000	0	0	-20,686	10,623	-11,134	-16,046	-18,803	10,722	-564
Repayment of long term debt
-	-	-	-	-	-	-	-	65,000	-	-45,000	0	-24,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of Long Term Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Repayment of long term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	0	150,000	20,000	50,000	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from long term debt
-	-	-	-	-	0	50,000	205,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in advance payments by borrowers for taxes
-3,040	-11,120	7,450	7,433	-3,922	-13,773	7,735	10,717	-5,184	-5,861	6,262	7,915	-8,156	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends in common stock
2,414	3,071	3,115	17,146	2,628	3,264	3,295	3,303	17,188	3,316	3,300	17,062	3,274	2,085	2,161	1,295	1,376	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of common stock returned to authorized but unissued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,350	-	0	0	0	-	-	-	-
Proceeds from stock option exercises
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30	0	11	38	0	-	-	-	-
The cash inflow from stock offering returned to subscribers.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-141,882	-	-	-	-
Purchase of common stock returned to authorized but unissued
14,245	40	8,301	6,457	7,969	9,749	5,480	241	3,726	0	1,280	386	524	0	1	169	3,688	-	-	-	-	-	-	-	-	-	-	-	-
Net change in advance payments by borrowers for taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,556	-6,381	-	7,146	7,503	-5,579	-4,402	6,195	8,337	-7,621	-7,433	6,213	8,097	-6,067
Financing for cash dividends on common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,515	-1,616	-1,668	-1,719	0	-	-	-	-
Proceeds from stock option exercises
453	56	209	102	292	14	691	105	494	230	14	354	454	119	3,359	13	65	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
37,664	-18,201	-22,070	71,817	-1,976	-8,813	27,270	26,652	29,320	-47,558	-41,524	145,512	-67,261	-	-	-	-	-	-	-	-21,640	-17,209	-2,519	26,517	-185,674	348,977	-33,312	-3,093	-31,225
Increase (decrease) in cash and cash equivalents
-15,176	8,110	-3,955	-34,688	18,732	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-31,426	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	34,800	-	-36,969	54,932	27,411	-7,103	-28,136	-40,258	22,243	-29,929	82,289	-94,282	-30,427	31,538	28,716	-116,727	-199,876	351,262	23,539	-9,746	-7,355
Supplemental information:
Cash paid, credited or (received) during the period for: [Abstract]
Income tax payments
1,791	3,994	2,805	2,666	1,238	2,405	2,980	2,399	2,384	2,940	4,809	4,290	5,042	3,343	4,464	4,040	2,505	-2,301	7,931	1,846	457	1,648	1,377	770	52	2	1,690	2,764	1,809
Interest payments
6,964	7,080	7,268	6,829	6,203	5,621	5,077	4,512	3,804	4,024	4,488	3,919	3,961	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,769	-	5,878	5,722	5,583	5,706	5,700	5,540	5,376	5,664	5,963	6,046	6,105
Noncash activities:
Loans receivable transferred to real estate owned
0	106	203	713	30	0	227	80	238	562	686	507	416	1,148	319	2,029	1,094	3,861	2,653	2,168	6,898	3,222	6,493	3,419	3,511	3,435	1,713	5,670	2,734
The deposits utilized to purchase common stock.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-4,578	253,000	-	-	-	-
Dividends that have been declared but not paid included in other liabilities
16,737	9	-50	-14,020	17,562	340	-405	13	3,850	17	363	-208	3,722	1,355	18	779	1,525	21	-20	-75	1,611	5	-106	1,721	0	-	-	-	-