Waterstone financial, inc. (WSBF)
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'13
Operating activities:
Net income

35,430

35,903

32,787

30,566

30,343

30,754

28,191

26,877

26,345

25,964

29,248

29,364

28,243

25,532

22,205

19,898

17,415

16,570

15,812

15,378

13,865

12,732

12,355

10,810

11,966

14,708

0

0

0

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

565

-900

-730

-610

-860

-1,060

-1,060

-1,080

-835

-1,166

-1,126

-1,011

-1,036

380

585

1,030

1,835

1,965

2,020

1,755

1,235

1,150

1,422

2,107

3,022

4,532

0

0

0

Provision for depreciation

2,545

2,507

2,421

2,395

2,346

2,296

2,205

2,123

2,088

2,050

2,103

2,211

2,433

2,615

2,830

2,982

3,010

3,106

3,157

3,224

3,278

3,283

3,244

3,121

2,914

2,717

0

0

0

Deferred Taxes used for the Cash Flow Statement reporting.

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Total

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,394

0

0

0

Stock based compensation

912

1,067

1,265

1,482

1,689

1,760

1,802

1,830

1,868

1,902

1,910

1,919

1,987

1,913

1,913

1,908

1,841

2,817

2,294

1,838

1,390

109

179

183

189

126

0

0

0

Net amortization of premium/discount on debt and mortgage related securities

194

205

235

286

365

444

531

588

640

682

766

846

929

991

1,043

1,130

1,214

1,305

1,379

1,457

1,525

1,583

1,654

1,781

1,984

2,203

0

0

0

Amortization of unearned ESOP shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,338

-1,217

-1,102

-974

-787

-718

0

0

0

Amortization Of MSR

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

501

445

656

898

977

1,125

0

0

0

The decrease in unearned employee stock ownership plan.

1,817

1,805

1,753

1,757

1,777

1,796

1,856

1,961

1,930

1,956

1,927

1,803

1,753

1,633

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Amortization and impairment of mortgage servicing rights

218

181

212

211

209

191

181

146

136

106

156

258

453

598

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of loans held for sale

137,214

128,928

120,184

115,480

112,393

109,526

113,098

114,024

120,988

121,951

123,892

128,502

124,605

123,154

115,928

104,839

98,710

98,382

105,317

93,408

89,401

82,146

69,536

67,359

66,165

73,548

0

0

0

Loans originated for sale

3,049,677

2,853,222

2,675,148

2,589,240

2,511,911

2,509,827

2,504,646

2,429,852

2,466,212

2,458,370

2,503,823

2,551,798

2,489,017

2,378,926

2,197,503

2,037,370

1,958,379

1,986,147

1,949,679

1,889,487

1,765,100

1,661,376

1,588,015

1,539,747

1,616,212

1,751,054

0

0

0

Proceeds on sales of loans originated for sale

3,047,166

2,903,643

2,750,235

2,603,622

2,628,932

2,627,634

2,600,206

2,597,566

2,579,288

2,655,673

2,680,344

2,692,462

2,601,282

2,443,347

2,227,474

2,141,322

2,114,550

2,043,086

2,057,380

1,943,445

1,796,502

1,715,470

1,610,542

1,570,681

1,679,696

1,861,194

0

0

0

Increase in accrued interest receivable

-203

7

204

583

497

413

806

579

597

643

263

305

166

173

65

139

220

79

23

46

197

225

273

97

65

352

0

0

0

Increase in cash surrender value of life insurance

1,944

1,935

1,931

1,898

1,864

1,848

1,827

1,820

1,817

1,807

1,797

1,843

1,844

1,767

1,668

1,570

1,451

1,417

1,403

1,397

1,351

1,290

1,229

1,127

1,082

1,076

0

0

0

Increase (decrease) in accrued interest on deposits and borrowings

93

164

333

496

524

509

236

49

58

-30

-109

-445

-640

-726

-539

-128

-113

42

17

-3

28

5

-24

-18

-80

-120

0

0

0

Increase (decrease) in other liabilities

-

-

-

-

-

-

-

0

-1,368

-

-898

-50

833

4,659

5,472

2,084

4,080

2,425

713

-3,116

-3,081

-1,581

-865

-1,736

-1,266

-6,007

0

0

0

(Increase) decrease in prepaid income tax

-304

-330

-900

808

273

1,178

-136

342

1,380

1,686

1,359

208

-355

-557

1,296

1,302

677

-1,467

-446

-944

-23

453

-1,553

-76

1,781

3,119

0

0

0

Loss on sale of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

44

44

44

44

0

0

0

0

-9

0

0

0

Net gain on real estate owned

297

304

74

281

478

265

224

130

138

24

85

98

-137

197

-418

-592

-852

-968

-495

-760

-709

-659

-489

335

1,016

1,415

0

0

0

Refers to the gain (loss) on sale of mortgage servicing rights.

-

-

-

-

-

-

-

-

-

178

308

308

308

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain Sale Of MSR

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-3,626

-4,364

-4,364

-2,578

0

0

0

Other

-4,547

1,367

-4,300

4,486

782

-1,551

5,941

5,259

3,510

-1,433

-1,316

-4,533

-2,443

2,908

3,852

6,716

5,774

1,494

3,589

2,356

837

-6,925

-11,637

-12,112

-6,500

1,173

0

0

0

Net cash provided by (used in) operating activities

-95,646

-40,219

-1,611

-69,633

40,903

42,936

9,817

80,265

21,598

107,097

0

0

0

-

-

-

-

-

-

-

-36,560

-2,216

-17,927

-10,270

19,727

52,284

0

0

0

Investing activities:
Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in loans receivable

30,433

9,896

28,572

29,457

65,301

87,648

97,380

118,348

122,521

116,887

112,665

98,199

86,562

68,076

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Result of purchase and sale of Federal Home Loan stock activity.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net change on FHLB stock

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in loans receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-42,092

-34,468

-898

16,133

0

0

0

Purchases of [Abstract]
Mortgage related securities

26,801

28,860

27,000

27,779

30,803

28,058

23,066

18,889

11,851

16,827

10,919

8,955

8,955

9,215

23,053

23,053

28,501

33,750

15,933

26,651

81,798

80,837

85,919

79,223

22,692

16,264

0

0

0

Purchase of Debt Securities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44,540

0

0

0

Certificates Of Deposits Cash Flow

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-735

490

245

-735

0

0

0

0

Premises and equipment, net

3,025

3,114

4,952

5,107

4,071

3,962

1,895

1,459

1,293

1,577

1,099

1,091

1,106

1,085

1,849

2,724

3,082

2,966

2,288

1,362

1,609

1,949

3,295

4,785

5,531

5,360

0

0

0

Bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

10,180

10,180

10,180

10,180

180

0

0

0

-

-

-

-

-

-

-

-

Proceeds from [Abstract]
Principal repayments on mortgage-related securities

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal repayments on mortgage-related securities

-

-

-

-

-

-

-

-

31,856

-

35,423

37,760

39,302

39,935

38,797

39,218

40,889

40,755

39,500

34,615

31,129

28,515

27,109

29,602

32,158

36,952

0

0

0

Maturities of debt securities

9,385

8,080

3,680

9,165

8,320

10,435

10,335

12,946

16,566

15,686

22,176

14,755

15,360

14,855

7,970

9,765

9,755

9,510

13,004

13,769

14,804

17,864

14,265

13,895

9,150

6,170

0

0

0

Sales of debt securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,034

1,034

1,034

1,034

0

0

0

0

921

0

0

0

Sales of real estate owned

2,205

2,674

1,210

1,882

2,465

3,134

3,757

4,070

3,796

3,733

5,596

6,203

6,966

7,796

11,688

14,953

20,437

24,716

28,504

26,141

22,213

19,751

13,871

20,223

22,873

27,604

0

0

0

Net cash used in investing activities

-19,273

-1,152

-30,013

-26,636

-62,610

-79,871

-79,236

-98,599

-98,569

-94,876

0

0

0

-

-

-

-

-

-

-

-35,489

-75,248

-105,999

-88,040

18,554

24,069

0

0

0

Financing activities:
Net cash (used in) provided by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in deposits

48,727

29,281

35,119

59,556

63,117

71,115

47,677

58,047

28,183

17,969

1,124

-5,316

27,745

56,050

82,494

92,395

63,562

29,401

-1,996

1,676

25,334

9,523

393,170

345,935

304,785

305,228

0

0

0

Net change in short term borrowings

33,729

8,516

24,663

21,158

-10,914

-41,239

-44,371

-105,580

-15,399

-26,870

1,520

107,358

32,542

65,952

63,983

-9,255

12,222

7,203

0

-10,686

-10,063

-21,197

-37,243

-35,360

-35,261

-24,691

0

0

0

Repayment of long term debt

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of Long Term Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Repayment of long term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

220,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from long term debt

-

-

-

-

-

255,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (decrease) increase in advance payments by borrowers for taxes

723

-159

-2,812

-2,527

757

-505

7,407

5,934

3,132

160

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends in common stock

25,746

25,960

26,153

26,333

12,490

27,050

27,102

27,107

40,866

26,952

25,721

24,582

8,815

6,917

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of common stock returned to authorized but unissued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

Proceeds from stock option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

79

49

0

0

0

-

-

-

-

The cash inflow from stock offering returned to subscribers.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-141,882

0

0

0

-

-

-

-

Purchase of common stock returned to authorized but unissued

29,043

22,767

32,476

29,655

23,439

19,196

9,447

5,247

5,392

2,190

2,190

911

694

3,858

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net change in advance payments by borrowers for taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-2,132

-

4,668

3,717

4,551

2,509

-522

-504

-744

810

0

0

0

Financing for cash dividends on common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,518

-5,003

0

0

0

-

-

-

-

Proceeds from stock option exercises

820

659

617

1,099

1,102

1,304

1,520

843

1,092

1,052

941

4,286

3,945

3,556

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

69,210

29,570

38,958

88,298

43,133

74,429

35,684

-33,110

85,750

-10,831

0

0

0

-

-

-

-

-

-

-

-14,851

-178,885

187,301

156,508

126,898

281,347

0

0

0

Increase (decrease) in cash and cash equivalents

-45,709

-11,801

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

8,779

-

38,271

47,104

-48,086

-53,254

-76,080

34,345

-19,679

-72,349

-10,882

-64,455

-86,900

-256,349

63,375

58,198

165,179

357,700

0

0

0

Supplemental information:
Cash paid, credited or (received) during the period for: [Abstract]
Income tax payments

11,256

10,703

9,114

9,289

9,022

10,168

10,703

12,532

14,423

17,081

17,484

17,139

16,889

14,352

8,708

12,175

9,981

7,933

11,882

5,328

4,252

3,847

2,201

2,514

4,508

6,265

0

0

0

Interest payments

28,141

27,380

25,921

23,730

21,413

19,014

17,417

16,828

16,235

16,392

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest payments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,263

-

22,889

22,711

22,529

22,322

22,280

22,543

23,049

23,778

0

0

0

Noncash activities:
Loans receivable transferred to real estate owned

1,022

1,052

946

970

337

545

1,107

1,566

1,993

2,171

2,757

2,390

3,912

4,590

7,303

9,637

9,776

15,580

14,941

18,781

20,032

16,645

16,858

12,078

14,329

13,552

0

0

0

The deposits utilized to purchase common stock.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

248,422

0

0

0

-

-

-

-

Dividends that have been declared but not paid included in other liabilities

2,676

3,501

3,832

3,477

17,510

3,798

3,475

4,243

4,022

3,894

5,232

4,887

5,874

3,677

2,343

2,305

1,451

1,537

1,521

1,435

3,231

1,620

0

0

0

-

-

-

-