|
Cash Flow for
OceanFirst Financial Corp.
(OCFC)
|
|
|
|
|
|
|
| Cash Flow |
in Thousands of Dollars |
|
|
| Net Income |
20,020 |
20,741 |
20,378 |
15,653 |
14,764 |
| Provision for Loan Loss |
8,650 |
7,750 |
8,000 |
5,700 |
1,775 |
| Depreciation and Amortization |
2,626 |
7,485 |
6,974 |
6,163 |
5,144 |
| Deferred Income Taxes |
(892) |
(2,813) |
(4,550) |
(1,955) |
4,609 |
| Change in Assets (Receivables) |
456 |
(2,182) |
(354) |
(8,467) |
107 |
| Change in Liabilities (Payables) |
1,076 |
(11,536) |
9,717 |
2,700 |
(1,625) |
| Investment Securities Gain |
(10,226) |
148 |
- |
- |
(551) |
| Net Policy Acquisition Cost |
- |
- |
- |
- |
- |
| Realized Investment Gains |
1,186 |
(3,675) |
(2,163) |
241 |
(154) |
| Net Premiums Receivables |
- |
- |
- |
- |
- |
| Change in Income Taxes |
- |
- |
- |
- |
- |
| Other Non-Cash Items |
15,317 |
1,632 |
1,939 |
(3,207) |
639 |
| Net Cash from Operating Activities |
30,888 |
17,550 |
39,941 |
16,828 |
24,708 |
|
|
| Proceeds from Sale/Mat. Inv. |
150,747 |
86,353 |
70,624 |
27,828 |
18,618 |
| Purchase of Investment Securities |
(169,053) |
(175,571) |
(286,644) |
(156,965) |
(1,087) |
| Net Increase Fed. Funds Sold |
- |
- |
- |
- |
2,031 |
| Purchase of Property & Equipment |
(2,600) |
(2,211) |
(2,563) |
(2,743) |
(5,201) |
| Acquisitions |
- |
- |
- |
- |
- |
| Other Investment Changes, Net |
N/A |
88,022 |
(38,154) |
11,155 |
23,223 |
| Net Cash from Investing Activities |
7,243 |
(3,407) |
(256,737) |
(120,725) |
37,584 |
|
| Net Change in Deposits |
13,588 |
42,115 |
299,769 |
90,067 |
(9,658) |
| Cash Dividends paid |
(8,579) |
(8,789) |
(8,764) |
(11,245) |
(9,366) |
| Repayment of Long Term Debt |
(41,000) |
(54,000) |
(85,000) |
(108,000) |
(116,000) |
| Change in Short Term Debt |
(5,310) |
(1,763) |
(133,709) |
5,251 |
6,515 |
| Issuance of Long term Debt |
- |
55,000 |
154,000 |
78,000 |
57,000 |
| Issuance of Preferred Stock |
- |
- |
- |
38,263 |
- |
| Issuance of Common Stock |
- |
44 |
7 |
54,343 |
101 |
| Purchase of Treasury Stock |
(11,897) |
(2,147) |
(108) |
- |
- |
| Other Financing Activities |
N/A |
1,469 |
(960) |
(38,241) |
44 |
| Cash from Financing Activities |
(53,114) |
31,929 |
225,235 |
108,438 |
(71,364) |
|
|
| Effect of Exchange Rate Changes |
- |
- |
- |
- |
- |
| Net Change in Cash & Equivalents |
(14,983) |
46,072 |
8,439 |
4,541 |
(9,072) |
|
| Cash at Beginning of Period |
77,527 |
31,455 |
23,016 |
18,475 |
27,547 |
| Cash at End of Period |
62,544 |
77,527 |
31,455 |
23,016 |
18,475 |
| Total Risk-Based Capital Ratio |
0.16 |
16.40 |
0.00 |
0.00 |
12.60 |
|
|
|
