WVS FINANCIAL CORP WVFC Cash Flow

Wvs financial corp (WVFC)

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	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10
OPERATING ACTIVITIES
NET INCOME
625	727	793	616	747	684	748	592	635	396	502	418	426	395	398	392	329	293	311	322	460	266	299	279	198	233	210	230	139	326	385	406	382	204	410	600	353	214	59
Adjustments to reconcile net income to cash provided by operating activities:
(Credit) provision for loan losses
-7	-8	-10	-	9	14	19	-	10	7	5	-	15	19	16	-	21	27	20	-	31	18	3	-	5	-99	12	-	-24	-25	-24	-	-	-	-	-	-	-	-
PROVISION FOR LOAN LOSSES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-19	-32	1	7	9
Depreciation
11	9	6	9	9	14	15	19	18	20	21	24	24	25	24	24	25	24	25	24	24	23	20	19	22	38	21	21	22	24	23	22	20	21	21	21	24	28	27
Net impairment loss recognized in earnings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	107	24	0	0	0	0
Net impairment loss recognized in earnings
32	17	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Investment securities gains (losses)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38	0	0	8	4	0	0	0	-	-	-	-
Amortization of discounts, premiums and deferred loan costs, net
-35	-26	-24	-12	-19	-41	-70	-100	-119	-140	-222	-316	-382	-508	-597	-568	-604	-561	-487	-345	-215	-76	-120	-166	-359	-487	-570	-678	-763	-752	-668	-348	-414	-290	-54	226	-218	-447	-493
Amortization of unallocated ESOP shares
42	41	38	63	44	45	48	71	35	35	36	221	0	-181	181	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-86	-27	9	-122	104	10	17	27	5	-153	56	28	-6	32	4	97	-139	63	-24	-5	-7	-1	4	136	-18	-137	-52	134	-72	-106	-208	-73	-89	-54	-35	-65	-315	98	13
Increase in prepaid/accrued income taxes
152	-20	94	-	238	-34	67	-	217	-53	64	-	296	-48	13	-	13	-20	35	-	178	-81	37	-	68	-94	3	-	-35	-7	6	-	126	-75	49	-	180	102	45
Earnings on bank owned life insurance
-30	-29	-30	-	-30	-30	-31	-	-31	-31	-33	-	-33	-33	-33	-	-33	-33	-34	-	-35	-35	-35	-	-37	-36	-26	-	0	0	0	-	-	-	-	-	-	-	-
Decrease in accrued interest receivable
-	-128	-39	-	-	-54	15	63	25	-16	-53	-4	-104	-164	-30	69	6	46	189	-17	607	-315	285	-550	233	-509	93	-377	100	-228	255	-13	158	299	-12	-229	-576	-82	-354
(Decrease) increase in accrued interest payable
-127	-9	-26	24	13	395	11	63	71	81	-82	49	32	-15	-8	9	12	4	8	1	-5	-8	-2	-31	-22	11	2	-1	-20	-27	1	-2	-18	-23	-22	-154	-91	-157	-113
Increase in deferred director compensation payable
15	13	12	39	11	11	11	30	10	10	9	3	9	9	8	24	-145	14	0	-1	0	-1	8	-1	-1	-3	-8	-6	-8	-7	-8	-8	-6	-8	-8	-307	-62	-1	2
Decrease in cash items in the process of collection
-	-	-	-	-	-	-	-	-	-	-1,230	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in unsettled security purchases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,969	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in prepaid federal deposit insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-55	-37	-39	-32	-92	-85	-62	-54	-88	-114	-111	-86
Decrease in transaction account clearing balance payable to Federal Reserve
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-733	-	63	-1,302	637
Other, net
-50	113	-95	-105	172	45	-23	166	11	-113	144	272	-287	147	-50	70	-119	186	-49	2,058	-2,076	246	-152	225	-36	33	-121	58	130	-202	-297	-503	-228	-20	67	51	-320	205	109
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,129	2,895	-1,331	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
791	1,003	837	579	1,061	1,231	903	726	1,071	661	2,115	-236	1,924	38	1,172	-	-	-	-	-	-	-	4	-	360	1,216	622	1,281	887	1,207	731	1,016	695	293	-56	610	1,371	-362	1,695
INVESTING ACTIVITIES
Available-for-sale:
Purchase of investment securities
-	15,359	1,965	-	-	9,418	15,364	17,239	18,600	10,486	18,339	26,386	31,152	31,607	10,649	22,664	12,255	12,561	24,838	16,028	36,799	1,826	0	-	-	-	-	5,862	14,054	1,449	31,511	18,456	10,558	12,879	21,523	1,069	0	5,598	3,749
Proceeds from repayments of mortgage-backed securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,984	12	11	11
Proceeds from sale of investments
-	-	-	-	-	-13,086	14,450	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,934	0	0	1,891	2,102	0	0	0	-	-	-	-
Proceeds from sale of commercial paper investment securities
-	-	-	35,710	-21,341	21,341	1,364	17,060	7,820	7,318	10,133	18,868	36,306	23,749	18,280	9,682	1,741	7,656	2,058	5,549	1,008	7,125	1,208	11,634	14,993	7,637	12,936	5,855	9,399	3,000	2,803	4,389	2,000	0	0	100	0	5,500	3,740
Investment securities held to maturity other-than-temporarily impaired:
Purchase of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	9,358	19,949	9,580	8,340	18,380	4,040	6,788	0	1,955	9,994	0	0	0	0	52,216	45,877	3,573	9,986	27,347	20,886	2,970
Purchase of mortgage-backed securities
-	-	-	-	-	-	-	-	-	-	0	0	13,970	0	7,984	0	0	6,750	0	6,561	2,665	5,877	6,081	12,498	19,226	37,828	29,158	32,097	56,227	23,451	23,529	31,389	4,467	11,287	10,243	17,757	0	0	0
Proceeds from repayments of investments
0	0	500	0	0	1,055	1,125	0	450	870	1,163	0	0	0	833	1,500	0	14,100	20,866	19,038	3,000	15,530	4,158	5,040	1,960	4,000	6,182	1,298	30,381	29,416	4,511	47,057	8,006	16,787	35,783	31,967	34,225	37,700	21,216
Proceeds from repayments of mortgage-backed securities
-	2,350	2,024	-	-	1,057	4,861	3,953	1,828	3,967	3,851	3,876	4,113	11,173	11,045	10,240	4,478	6,199	11,274	18,552	24,775	19,156	13,736	6,025	4,509	4,532	8,043	15,469	15,470	26,905	18,145	14,384	12,566	14,641	7,865	4,654	16,991	25,277	16,019
Purchase of bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,000	2,000	0	0	0	-	-	-	-	-	-	-	-
Purchase of certificates of deposit
994	248	1,092	746	0	996	100	0	0	248	100	105	-102	2,500	7,635	0	0	0	100	0	0	0	100	0	0	0	0	-	-	-	-	0	249	249	449	836	249	2,732	0
Maturities/redemptions of certificates of deposit
992	1,244	349	249	0	0	100	248	3,025	1,500	5,600	0	0	0	100	0	0	0	100	0	0	0	348	0	0	0	0	-	-	-	-	1,490	497	994	785	3,327	1,093	3,082	1,245
Purchase of loans
-	3,889	2,377	-	-	2,720	2,382	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in net loans receivable
-2,506	-2,912	-2,665	-2,527	-1,673	-118	-1,246	350	-2,297	-3,840	1,866	-11,158	786	6,725	2,747	-19,012	3,815	5,266	6,401	8,085	2,512	4,681	1,377	-1,296	-433	-2,923	2,778	-2,540	591	-5,250	-752	-4,496	-2,375	-2,098	-1,760	-2,006	-2,617	-1,898	407
Purchase of FHLB stock
-1,554	4,449	2,525	3,147	2,494	1,250	1,793	1,578	1,610	1,727	1,776	1,322	1,871	1,492	2,515	2,889	983	1,524	1,643	1,958	2,176	7,171	1,214	2,734	1,973	2,690	1,329	-	-	-	-	-	-	-	-	-	-	-	-
Redemption of FHLB stock
1,469	-4,102	-2,908	-3,197	-2,421	-866	-2,351	-1,787	-1,474	-1,471	-1,860	-1,206	-1,703	-1,329	-2,499	-2,831	-913	-1,535	-1,780	-1,613	-1,024	-8,958	-745	-1,806	-2,529	-1,833	-1,800	-407	-878	-899	-727	-399	-421	-443	-466	-491	-517	-543	0
Acquisition of premises and equipment
72	128	15	-	-	-	-	-	-	-	-	0	6	2	1	1	3	1	6	26	21	13	46	48	22	4	27	-1	3	71	48	48	13	4	14	0	2	7	0
Sale of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	0	0	251	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	0	4	0	0	0	0	-	-	-	-
Net cash used for investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,924	4,412	-6,268	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used for investing activities
-24,945	-1,080	472	518	-4,850	-3,033	5,858	-262	-2,701	147	526	-6,397	-5,561	-6,075	1,226	-	-	-	-	-	-	-	-6,752	-	-3,585	-19,597	-8,286	-20,240	-14,394	40,747	-26,263	24,424	-41,638	-35,333	10,857	14,881	27,857	44,788	35,105
FINANCING ACTIVITIES
Net (decrease) increase in transaction and savings accounts
1,030	-12,826	9,613	-	232	-10,238	10,599	-	-413	-6,055	3,654	-	400	-1,249	3,752	-	-550	5,394	-1,151	-	1,336	-243	1,505	-	1,983	-1,260	3,964	-	718	-495	738	-	746	-5,440	8,297	-	1,128	3,114	-3,058
Net increase in certificates of deposit
4,961	-132	4,659	-	2,299	-52	-1,699	-	-2,952	-701	2,077	-	1,289	978	-1,294	-	-710	-501	-1,267	-	-989	-628	-1,189	-	-1,123	-1,079	-737	-	-333	-1,097	-1,066	-	-412	-732	-4,692	-	-1,166	-2,025	-5,800
Net decrease in advance payments by borrowers for taxes and insurance
333	465	-1,083	-	156	703	-1,091	-	121	561	-976	-	11	668	-699	-	-50	65	-12	-	-146	446	-321	-	-7	173	-299	-	134	182	-369	-	131	229	-428	-	24	224	-491
Proceeds (repayments) of FHLB long-term advances - fixed rate
-	-	-	-	-	-	-	-	0	0	-10,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds (repayments) of FHLB long-term advances - variable rate
-	-	-	-	-	-	-	-	0	0	-6,109	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in CDARS one-way buy CDs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-245	-12,747	2,004
Repayments of Federal Home Loan Bank long-term advances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,000	0	0	5,000	17,000	10,000	35,000	25,000
Proceeds from Federal Home Loan Bank long-term advances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,109	99,196	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in CDARS one-way buy CDs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	198	-	0	0	-248	-	-1,736	-1,488	-2,100
Net decrease in FHLB short-term advances
7,228	-8,476	11,274	1,094	-1,855	90,417	10,919	8,388	-3,386	-6,404	-14,202	-7,244	-2,482	-4,435	2,389	-104,382	-4,512	3,259	-562	-9,406	-26,024	22,353	-1,127	84,827	13,601	-19,984	-5,358	-18,977	-13,019	40,722	-26,168	27,525	-42,043	-36,862	4,169	-32,059	0	0	0
Increase in unallocated ESOP shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in other short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,950	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	0	-13,950	3,950	-2,510
Purchase of treasury stock
234	0	113	-	0	340	32	-	-	-	0	-	0	0	359	-	0	0	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of treasury stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	72	10	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Increase in unallocated ESOP shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	156	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Release of ESOP shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	12	13	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid
178	177	177	320	177	143	143	262	170	128	129	201	120	80	81	163	82	163	81	82	82	83	82	82	82	83	82	81	82	84	81	83	82	83	82	82	83	82	329
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,083	-6,402	5,995	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
23,484	-4,194	1,625	-922	4,365	-487	-3,285	-4,886	-28	81	2,719	6,094	4,062	4,752	-1,070	-	-	-	-	-	-	-	6,921	-	2,862	17,735	8,204	18,835	13,456	-42,414	25,588	-26,652	42,426	30,836	-6,322	-18,817	-26,028	-44,054	-37,284
(Decrease) increase in cash and cash equivalents
-670	-4,271	2,934	175	576	-2,289	3,476	-4,422	-1,658	889	5,360	-539	425	-1,285	1,328	439	-970	905	-1,604	1,071	241	728	173	-98	-363	-646	540	-124	-51	-460	56	-1,212	1,483	-4,204	4,479	-3,326	3,200	372	-484
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid during the period for:
Interest on deposits and borrowings
1,117	1,119	1,210	1,283	1,313	812	1,021	923	746	596	726	548	456	411	381	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on deposits and borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	390	316	303	-	289	293	290	338	373	344	342	340	351	392	371	385	403	392	429	745	901	1,233	1,856
Income taxes
75	188	198	492	48	237	193	436	30	301	236	472	36	213	163	273	168	217	150	311	45	185	127	157	66	115	115	65	167	205	141	245	150	345	42	197	15	0	0
Non-cash items:
Commitment to purchase investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Due to Federal Reserve Bank
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	205	63	-1,302	1,767
Mortgage loans transferred to other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	246	0	0	0	0	-	-	-	-	0	0	0	182	235	0	0	0
Educational Improvement Tax Credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	24	9	0	0	38	9	0	0	21	86	3	0	-3	98	0	0	0	0