As Reported Financials

Source Document Currency Code (in thousands) 2015 Y 12/31/2017 USD 2016 Y 12/31/2018 USD 2017 Y 12/31/2018 USD 2018 Y 12/31/2018 USD 2019 Q1 YTD 3/31/2019 USD
Source Document Currency Code 2015 Y 12/31/2017 USD 2016 Y 12/31/2018 USD 2017 Y 12/31/2018 USD 2018 Y 12/31/2018 USD 2019 Q1 YTD 3/31/2019 USD

CASH FLOWS FROM OPERATING ACTIVITIES

Net Income 8,373 8,673 7,751 11,917 2,835

Adjustments to Reconcile Net Income to Net Cash

Provided by Operating Activities
Depreciation 1,657 1,574 1,648 1,787 423
Share-based Compensation Expense NA 0 0 14 8
Deferred Income Taxes 625,436 222,120 2,833,958 273,176 NA
Securities (Gains) Losses 11,466 (385,223) 0 (115,909) NA
Provision for Loan Losses 866 1,062 390 201 131
Amortization and Accretion 1,797 1,645 1,449 1,176 263
(Gain) Loss on Sale of Other Real Estate and Repossessions 601 161 (208) (309) 5
Provision for Losses on Other Real Estate 453 502 334 262 6
(Increase) Decrease in Cash Surrender Value of Life Insurance (299) (589) (1,669) (509) 414
Provision for Losses on Premises & Equipment NA 0 0 172,143 NA
(Gain) on Sale of Premises & Equipment 11 80 (11) 0 (2)
Other Prepaids, Deferrals and Accruals, Net (354) 177 (90) (217) 1,101
Prepaid Expenses 278,637 (372,380) 139,382 266,806 NA
Interest Payable 32,253 (46,284) 21,188 38,573 NA
Accrued Expenses and Accounts Payable (202,343) (252,617) 361,005 1,418 NA
Other 217,686 938,223 (403,375) (45,858) NA
Total 14,067 13,388 12,545 14,911 5,184

CASH FLOWS FROM INVESTING ACTIVITIES

Purchases of Investment Securities Available for Sale (102,336) (109,635) (87,160) (63,683) (14,119)
Proceeds from Sale of Investment Securities Available for Sale 28,273,634 25,209,851 0 11,267,642 NA

Proceeds from Maturities, Calls, and Paydowns of Investment Securities

Available for Sale 51,424 54,869 54,588 50,422 13,065
Held to Maturity 9,734 NA NA NA NA
Interest-Bearing Deposits in Other Banks (17,409) (7,730) 11,677 (15,111) (25,284)
Net Loans to Customers (21,255) (2,167) (14,460) 2,396 1,085
Purchase of Premises and Equipment (3,190) (3,260) (1,345) (2,763) (1,152)
Proceeds from Sale of Other Real Estate and Repossessions 8,155 7,529 3,864 3,003 351
Proceeds from Sale of Federal Home Loan Bank Stock 100,300 0 0 65,000 NA
Redemption (Purchase of) Federal Home Loan Bank Stock 0 (280) (33) 0 195
Net Cash and Cash Equivalents Paid in Acquisition NA 0 0 (10,043,452) NA
Proceeds from Sale of Premises and Equipment 29 90 38 23 22
Total (56,200) (35,374) (32,831) (24,424) (25,837)

CASH FLOWS FROM FINANCING ACTIVITIES

Noninterest-Bearing Customer Deposits 5,547 25,172 31,869 5,553 6,637
Proceeds from Other Borrowed Money 27,000,000 10,000,000 10,015,500 44,007,500 NA
Interest-Bearing Customer Deposits 26,704 7,630 (8,240) (445) 19,915
Dividends Paid for Common Stock 0 0 (844) (1,688) (633)
Payments on Federal Home Loan Bank Advances NA NA NA NA (5,000)
Proceeds from Federal Home Loan Bank Advances NA NA NA NA 0
Payments on Other Borrowed Money (27,000) (4,000) (8,516) (47,508) 0
Dividends Paid on Preferred Stock (2,487,274) (1,590,746) (315,900) 0 NA
Redemption of Preferred Stock (9,979,000) (8,661,000) (9,360,000) 0 NA
Repurchase of Warrants NA 0 0 (3,175,000) NA
Total 19,784 28,551 14,609 (3,256) 20,919
Net Increase (Decrease) in Cash and Cash Equivalents (22,348) 6,565 (5,677) (12,768) 266
Cash and Cash Equivalents at Beginning of Period 44,605 22,257 28,822 23,145 10,377
Cash and Cash Equivalents at End of Period 22,257 28,822 23,145 10,377 10,643
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.
Excel download Email page PDF view Print view Email Alert Social Media Sharing