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PACIFIC MERCANTILE BANCORP (PMBC)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-21Mar-31-21Dec-31-20Sep-30-20Jun-30-20Mar-31-20Dec-31-19Sep-30-19
   10-Q10-Q10-K/A10-Q10-Q10-Q10-K/A10-Q
Cash Flows From Operating Activities:          
    Net income (loss)  16.114.18.35.11.62.45.79.6
    Adjustments to reconcile net income (loss) to net cash (used in) from operating activities:          
        Depreciation and amortization  0.30.40.40.40.40.40.40.4
        Provision for loan and lease losses      14.912.19.25.4
        Amortization of premium on securities  0.10.10.10.10.10.10.20.2
        Net gain on sale of securities available for sale  -0.7-0.3-0.2     
        Net accretion of deferred fees and unearned income on loans  -5.4-6.1-5.3-5.2-2.5-1.0-0.70.5
        Net loss on sale of other assets  0.20.20.10.10.10.0 0.0
        Net gain on sale of loans  -1.4 -0.5-0.7  -1.0-0.9
        Proceeds from sale of Small Business Administration loans  2.4       
        Stock-based compensation expense  0.90.80.80.91.11.11.11.1
        Changes in operating assets and liabilities:          
            Net (increase) decrease in accrued interest receivable  1.3-2.6-1.6-1.5-1.10.0-0.10.1
            Net (increase) decrease in other assets  -2.71.20.8-0.80.4-2.05.90.4
            Net (increase) in deferred taxes  0.8 -0.3-1.7-1.31.42.32.9
            Net (increase) income taxes receivable  -0.5-0.6-0.2-0.1-0.40.20.20.9
            Net (decrease) in accrued interest payable  -0.1-0.2-0.2-0.2-0.2-0.20.00.0
            Net (decrease) in other liabilities  -2.9-1.1-1.8-1.5-0.2-0.2-7.3-1.9
                Net cash used in operating activities  6.89.210.27.613.014.517.020.0
   
Cash Flows From Investing Activities:          
    Net decrease in interest-bearing time deposits with financial institutions    0.80.6 0.1  
    Maturities of and principal payments received on securities available for sale and other stock  5.86.56.16.08.04.04.93.5
    Purchase of securities available for sale and other stock   -32.8-22.7-8.0  -5.0 
    Proceeds from sale of securities available for sale and other stock  62.024.913.16.08.04.95.84.4
    Purchase of other investments  -0.6-0.6-0.6-0.5   -1.1
    Principal payments received on other investments  0.0       
    Net (increase) decrease in loans  115.7   -240.2   
    Purchases of premises and equipment   -0.2-0.3-0.5-0.6-0.6-0.5-0.3
    Proceeds from sale of other assets  0.10.1  0.1   
        Net cash provided by investing activities  262.3-110.4-107.9-119.0-282.6-75.4-38.7-81.4
   
Cash Flows From Financing Activities:          
    Net (decrease) increase in deposits  -93.487.5183.8194.5228.9114.963.696.0
    Proceeds from borrowings      169.0185.095.090.0
    Payments of borrowings   -124.0-134.0-165.0-135.0-105.0-105.0-90.0
    Proceeds from exercise of common stock options  0.70.1   0.60.60.1
        Net cash provided by (used in) financing activities  -166.6-32.4163.8178.9263.4195.654.196.1
   
Supplementary Cash Flow Information:          
    Cash paid for interest on deposits and other borrowings  5.06.58.811.213.515.516.116.2
    Cash paid for income taxes  7.0 4.2 1.20.0  
    Noncash Investing Activities:          
        Transfer of loans into other assets    0.70.70.70.4 0.2

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