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Income Statement
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SHORE BANCSHARES INC (SHBI)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-Q8-K10-Q10-Q10-Q8-K10-Q
CASH FLOWS FROM OPERATING ACTIVITIES:          
    Adjustments to reconcile net income to net cash from operating activities:          
        Net accretion of acquisition accounting estimates  -0.2-0.6 -0.4-0.3-0.5 0.0
        Provision for credit losses  0.71.2 0.70.20.6 0.3
        Depreciation and amortization  1.41.4 1.41.31.6 0.7
        Net amortization of securities  0.40.2 0.30.30.5 0.3
        (Gain) on mortgage banking activities  -0.8-0.7 -0.6-0.2-1.7  
        Stock-based compensation expense  0.20.2 0.20.20.1 0.1
        Deferred income tax (benefit) expense  -0.6-0.1 -0.80.10.0 -0.3
        Loss (Gain) on valuation adjustments on mortgage servicing rights  0.0   -0.5   
        Gain (loss) on sales and valuation adjustments on other real estate owned   0.0  0.10.0  
        Fair value adjustment on equity securities  0.00.0 0.10.00.1 0.0
        Net changes in:          
            Accrued interest receivable  -0.61.3 -0.40.2-0.5 0.4
            Other assets  -1.1-1.4 -0.61.3-1.0 -0.2
            Accrued interest payable  1.40.3 -0.20.3-0.3 -0.4
            Other liabilities  -2.52.1 -0.80.7-3.9 -0.2
                Net cash provided by operating activities  -0.611.2 7.017.925.2 5.0
   
CASH FLOWS FROM INVESTING ACTIVITIES:          
    Proceeds from maturities and principal payments of investment securities available for sale  14.613.2 20.918.118.3 8.1
    Purchases of securities held to maturity     -129.0-64.4-14.1 -77.8
    Purchases of equity securities  0.00.0 0.00.00.0 0.0
    Purchase of restricted securities  -12.6-11.4   -5.7  
    Net change in loans  -84.5-111.7 -136.9-82.7-61.2 -22.3
    Purchases of premises and equipment  -1.1-0.6 -0.6-0.7-1.0 -2.1
    Proceeds from sales of other real estate owned  0.70.0  0.30.1  
    Purchases of bank owned life insurance  0.0-0.1 0.00.0-10.1 0.0
    Proceeds from disposal of premises held for sale  0.70.0  0.30.1  
        Net cash (used in) investing activities  -76.5-103.1 -245.6-129.5-73.7 -68.0
   
CASH FLOWS FROM FINANCING ACTIVITIES:          
    Noninterest-bearing deposits  -29.7-53.3 4.712.7-51.1 16.9
    Interest-bearing deposits  -27.338.2 -3.5-66.793.4 120.6
    Short-term borrowings  144.591.5   -4.1 0.6
    Common stock dividends paid  -2.4-2.4 -2.4-2.4-2.4 -1.4
        Net cash provided by (used in) financing activities  85.274.1 -1.1-56.335.9 136.7
   
Supplemental cash flows information:          
    Interest paid  9.112.7 3.61.82.3 1.6
    Income taxes paid  6.20.2 4.82.3  2.6
    Recognition (remeasurement of) lease liabilities arising from right-of-use assets   0.0 -0.60.1-0.7 1.2
    Transfers from loans to other real estate owned       0.1  

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