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Income Statement
Balance Sheet
Cash Flow Statement
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Common Size IS
Op Efficiency
Credit Analysis

WASHINGTON TRUST BANCORP INC (WASH)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Cash flows from operating activities:          
    Net income  11.316.618.720.016.520.218.817.5
    Adjustments to reconcile net income to net cash from operating activities:          
        Provision for credit losses  0.70.80.8-3.00.1-2.8  
        Depreciation of premises and equipment   0.90.90.80.80.90.90.8
        Net amortization of premiums and discounts on securities and loans   0.40.60.91.00.70.41.5
        Amortization of intangibles  0.20.20.20.20.20.20.20.2
        Share-based compensation   0.71.00.70.90.60.81.0
        Tax benefit (expense) from stock option exercises and other equity awards     0.1    
        Income from bank-owned life insurance  -0.9-0.7-0.7-0.6-0.6-1.1-0.6-0.6
        Net gains on loan sales, including changes in fair value   -0.6-1.5-1.6-3.1-4.1-6.2-6.0
        Proceeds from sales of loans, net   46.867.573.2122.2228.3170.5243.9
        Loans originated for sale   -30.7-68.2-78.3-95.6-252.9-142.0-193.4
        (Increase) decrease in operating lease right-of-use assets   0.60.30.7-2.10.80.80.4
        Increase (decrease) in operating lease liabilities   -0.6-0.3-0.72.2-0.8-0.7-0.4
        (Increase) decrease in other assets   -3.1-24.4-24.621.34.87.2-3.6
        Increase (decrease) in other liabilities   8.625.225.3-25.1-3.0-2.61.4
            Net cash provided by (used in) operating activities  11.341.220.213.038.6-6.147.562.8
   
Cash flows from investing activities:          
    Purchases of mortgage-backed securities available for sale     -156.9    
    Purchases of other debt securities available for sale    -0.5-10.0-0.3-30.3-46.5-97.1
    Maturities, calls and principal payments of mortgage-backed securities available for sale   18.622.831.343.363.667.791.8
    Maturities, calls and principal payments of other debt securities available for sale       12.350.00.5
    Net (increase) decrease in loans   -260.5-368.0-195.2-8.752.1-23.9-63.7
    Purchases of premises and equipment  -1.9-2.3-1.3-1.6-0.8-1.3-0.3-0.9
    Purchases of bank-owned life insurance     -7.0   -7.0
    Equity investment in real estate limited partnership     -1.9    
        Net cash provided by (used in) investing activities  -1.9-275.3-411.0-275.3-37.449.0-16.8-210.4
   
Cash flows from financing activities:          
    Net increase (decrease) in deposits   -50.963.2-121.3147.9-78.1332.5176.5
    Proceeds from Federal Home Loan Bank advances   1,210.01,166.1583.0197.0121.2164.0595.0
    Repayments of Federal Home Loan Bank advances     -597.0    
    Net proceeds from stock option exercises and issuance of other equity awards, net of awards surrendered   -0.1 -0.70.00.0 0.1
    Cash dividends paid   -9.3-9.3-9.6-9.4-9.0-9.0-9.3
        Net cash provided by (used in) financing activities   219.7425.0132.848.5-164.7137.4109.0
    Net increase (decrease) in cash and cash equivalents   -14.434.2-129.549.6-121.9168.2-38.5
   
Noncash Activities:          
    Loans charged off     0.1    
    Commitment for equity investment in real estate limited partnership     8.4    
    Supplemental Disclosures:          
        Interest payments   16.48.04.23.53.63.94.6
        Income tax payments   4.75.46.70.94.15.68.3

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