|
Cash Flow for
Farmers & Merchants Bancorp
(FMCB)
|
|
|
|
|
|
|
| Cash Flow |
in Thousands of Dollars |
|
|
| Net Income |
23,349 |
22,209 |
21,118 |
20,013 |
22,790 |
| Provision for Loan Loss |
1,850 |
6,775 |
14,735 |
15,420 |
7,998 |
| Depreciation and Amortization |
1,704 |
1,801 |
2,156 |
(825) |
1,878 |
| Deferred Income Taxes |
(2,548) |
(1,260) |
(1,877) |
(7,412) |
(995) |
| Change in Assets (Receivables) |
(434) |
(2,750) |
(6,360) |
(14,405) |
(5,879) |
| Change in Liabilities (Payables) |
4,016 |
2,455 |
3,142 |
3,527 |
(1,523) |
| Investment Securities Gain |
(158) |
(95) |
(2,895) |
(3,524) |
(1,503) |
| Net Policy Acquisition Cost |
- |
- |
- |
- |
- |
| Realized Investment Gains |
- |
- |
(19) |
(11) |
(15) |
| Net Premiums Receivables |
- |
- |
- |
- |
- |
| Change in Income Taxes |
- |
- |
- |
- |
- |
| Other Non-Cash Items |
5,794 |
8,005 |
- |
- |
301 |
| Net Cash from Operating Activities |
31,723 |
30,360 |
30,000 |
12,783 |
23,052 |
|
|
| Proceeds from Sale/Mat. Inv. |
210,793 |
253,332 |
315,488 |
206,871 |
137,744 |
| Purchase of Investment Securities |
(155,034) |
(298,432) |
(382,072) |
(273,627) |
(244,563) |
| Net Increase Fed. Funds Sold |
- |
- |
- |
- |
- |
| Purchase of Property & Equipment |
(547) |
(1,640) |
(1,175) |
(5,117) |
(3,328) |
| Acquisitions |
- |
- |
- |
- |
- |
| Other Investment Changes, Net |
N/A |
N/A |
24,429 |
(40,995) |
(42,842) |
| Net Cash from Investing Activities |
(29,262) |
(39,835) |
(43,330) |
(112,868) |
(152,989) |
|
| Net Change in Deposits |
95,829 |
59,694 |
68,379 |
65,422 |
121,912 |
| Cash Dividends paid |
(9,418) |
(9,158) |
(8,855) |
(8,596) |
(8,430) |
| Repayment of Long Term Debt |
(530) |
(61) |
(19,558) |
- |
(28,251) |
| Change in Short Term Debt |
(60,000) |
- |
- |
- |
60,000 |
| Issuance of Long term Debt |
- |
- |
- |
19,446 |
- |
| Issuance of Preferred Stock |
- |
- |
- |
- |
- |
| Issuance of Common Stock |
- |
- |
- |
- |
- |
| Purchase of Treasury Stock |
(576) |
- |
(608) |
(2,329) |
(5,910) |
| Other Financing Activities |
N/A |
N/A |
- |
- |
- |
| Cash from Financing Activities |
25,305 |
50,475 |
39,358 |
73,943 |
139,321 |
|
|
| Effect of Exchange Rate Changes |
- |
- |
- |
- |
- |
| Net Change in Cash & Equivalents |
27,766 |
41,000 |
26,028 |
(26,142) |
9,384 |
|
| Cash at Beginning of Period |
101,660 |
60,660 |
34,632 |
60,774 |
51,390 |
| Cash at End of Period |
129,426 |
101,660 |
60,660 |
34,632 |
60,774 |
| Total Risk-Based Capital Ratio |
0.15 |
0.15 |
0.00 |
0.00 |
12.59 |
|
|
|
