Rocket


Overview
Financials
News + Filings
Key Docs
Charts
Holdings
Ownership
Insiders





Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

ORRSTOWN FINANCIAL SERVICES INC (ORRF)

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-Q10-K10-Q10-Q10-Q10-K10-Q
Cash flows from operating activities          
Net income  9.89.29.6-4.88.98.46.77.2
   
Adjustments to reconcile net income to net cash from operating activities:          
    Net premium amortization  0.50.40.60.80.50.10.30.1
    Depreciation and amortization expense  1.11.11.11.21.21.21.31.3
    Share-based compensation  0.50.60.50.70.50.30.50.5
    Gains on sales of loans originated for sale  -0.1-0.10.0-0.9-0.2-0.6-1.0-1.5
    Fair value adjustments on loans held for sale  0.1-0.3  0.40.3  
    Mortgage loans originated for sale  -4.5-5.3  -23.5-32.9  
    Proceeds from sales of loans originated for sale  5.39.29.712.122.532.744.749.5
    Gains on sale of portfolio loans      0.0-0.3  
    Net gain on sale of OREO and premises held for sale  -1.5     -0.3 
    Net loss on disposal of premises and equipment  0.20.00.00.50.00.0  
    Deferred income tax benefit  -0.41.31.9-4.0-0.11.61.22.1
    Investment securities losses  0.00.0  0.00.1  
    Income from life insurance  -0.6-0.6-0.6-0.6-0.6-0.6-0.6-0.6
    Premium on branch sale  -1.5     -0.3 
    Decrease (increase) in accrued interest receivable and other assets  1.51.3-1.8-0.81.1-2.8-0.2-0.1
    Other, net  0.20.20.0-3.10.60.72.1-0.8
        Net cash provided by operating activities  16.25.4-1.612.518.66.610.610.4
   
Cash flows from investing activities          
Proceeds from sales of AFS securities    28.3  3.1 73.3
Maturities, repayments and calls of AFS securities  8.111.17.79.023.99.58.69.3
Purchases of AFS securities   -9.5-41.9-18.1-26.6-94.9-38.1-80.1
Net (purchases) redemptions of restricted investments in bank stocks  0.3-2.2-3.4 0.30.5  
Net distributions from investments in limited partnerships   0.3 1.4 1.1  
Net increase in loans  -27.1-56.1-63.2-70.2-39.30.1-40.16.2
Proceeds from sales of portfolio loans      0.53.9  
Investment in limited partnerships  -1.0       
Purchases of bank premises and equipment  -1.3-0.2-0.1-0.3-0.2-0.2-0.4-0.3
Proceeds from disposal of OREO and premises held for sale  1.7       
Net cash paid in branch sale  -17.7       
    Net cash used in investing activities  -36.7-56.6-73.5-79.4-41.2-77.0-68.811.0
   
Cash flows from financing activities          
Net increase in deposits  26.139.4-29.627.2-67.481.1-37.28.0
Net (decrease) increase in borrowings with original maturities less than 90 days  -24.013.0100.9-3.2-0.31.3-4.34.7
Dividends paid  -2.1-2.1-2.0-2.0-2.1-2.1-2.1-2.1
Acquisition of treasury stock  -1.4-1.2-0.1 -9.9-4.2-0.8-1.1
Shares repurchased as treasury stock for employee taxes associated with restricted stock vesting   -0.40.00.0 -0.2  
Proceeds from issuance of employee stock purchase plan shares   0.1 0.1 0.1 0.1
    Net cash provided by (used in) financing activities  -1.688.768.921.9-79.875.8-44.5-46.8
    Net increase (decrease) in cash and cash equivalents  15.5   -96.8   
   
Supplemental disclosures of cash flow information:          
    Cash paid during the period for:          
        Interest  10.97.04.81.51.70.71.81.1
        Income taxes  2.0 1.51.71.7 0.32.0
        Supplemental schedule of noncash activities:          
            Loans transferred from LHFS to portfolio loans       1.5  
            OREO acquired in settlement of loans   0.1      
            Operating lease ROU assets  2.4       

Rocket Data Systems, Inc. © 2019 | Contact Us | Data Disclaimer | Terms of Use | Privacy