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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 itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-05-18Dec-31-17Dec-05-17
   10-K10-K10-K10-K10-K8-K10-K8-K
Cash flows from operating activities          
Net income  22.032.926.516.912.8 8.1 
   
Adjustments to reconcile net income to net cash from operating activities:          
    Net premium amortization  1.9-0.4-4.5-2.51.4 4.0 
    Depreciation and amortization expense  4.65.36.65.53.6 3.3 
    Share-based compensation  2.21.92.11.61.5 1.4 
    Gains on sales of loans originated for sale  -1.3-5.2-5.6-2.6-2.1 -2.4 
    Proceeds from sales of loans originated for sale  77.3204.1209.0108.994.7 103.1 
    Gains on sale of portfolio loans  -0.3 -2.8     
    Net gain on sale of OREO and premises held for sale   -0.30.2-0.2-0.1 0.0 
    Net loss on disposal of premises and equipment  0.50.00.00.10.0 0.0 
    Deferred income tax benefit  -0.60.9-2.01.80.5 3.1 
    Income from life insurance  -2.3-2.3-2.3-2.0-1.5 -1.1 
    Premium on branch sale   -0.30.2-0.2-0.1 0.0 
    Decrease (increase) in accrued interest receivable and other assets  -2.80.7-2.91.2-0.9 -0.4 
    Other, net  -8.8-2.06.72.10.5 0.1 
        Net cash provided by operating activities  36.240.830.29.122.5 16.4 
   
Cash flows from investing activities          
Proceeds from sales of AFS securities  31.3149.0 199.4156.4 162.3 
Maturities, repayments and calls of AFS securities  50.139.156.233.318.4 28.8 
Purchases of AFS securities  -181.5-195.0-26.7-190.5-226.0 -203.7 
Net (purchases) redemptions of restricted investments in bank stocks  -3.43.35.6     
Net distributions from investments in limited partnerships  1.4       
Net increase in loans  -172.61.4-349.9-46.2-99.8 -130.8 
Proceeds from sales of portfolio loans  4.40.422.7 3.6 2.2 
Purchases of bank premises and equipment  -0.9-1.3-1.3-2.9-4.8 -2.7 
Proceeds from disposal of OREO and premises held for sale   1.14.11.31.4 0.5 
    Net cash used in investing activities  -271.0-2.0-292.618.5-139.4 -145.9 
   
Cash flows from financing activities          
Net increase in deposits  11.3108.0481.3-71.6178.8 67.1 
Net (decrease) increase in borrowings with original maturities less than 90 days  98.63.8-135.4-1.0-54.9 -64.3 
Dividends paid  -8.3-8.3-7.6-6.2-4.4 -3.5 
Acquisition of treasury stock  -14.2-1.9-1.2     
Shares repurchased as treasury stock for employee taxes associated with restricted stock vesting  -0.3-0.5-0.7-1.8-0.7   
    Net cash provided by (used in) financing activities  86.944.7331.7-60.4175.9 129.1 
   
Supplemental disclosures of cash flow information:          
    Cash paid during the period for:          
        Interest  8.76.816.724.312.9 7.6 
        Income taxes  4.94.40.6 0.1 1.6 
        Supplemental schedule of noncash activities:          
            Loans transferred from LHFS to portfolio loans  1.5       
            OREO acquired in settlement of loans     0.20.5 1.0 

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