Cash flow Statement (Quarterly, GAAP
in millions $) |
(Sep 30 2021) 9 Months |
(Jun 30 2021) 6 Months |
(Mar 31 2021) 3 Months |
(Sep 30 2020) 9 Months |
(Jun 30 2020) 6 Months |
Income |
56.81 |
38.43 |
17.08 |
17.04 |
3.87 |
Depreciation & amortization |
4.65 |
3.14 |
1.60 |
6.03 |
4.00 |
Amortization of Other Assets |
2.51 |
1.67 |
0.84 |
2.70 |
1.83 |
Extraordinary Item, Gain (Loss), Insurance Assets, Accretion Expense
|
- |
- |
- |
- |
- |
Impairment of Real Estate |
- |
- |
- |
- |
- |
Provision for Loan and Lease Losses |
-15.01 |
-11.83 |
-5.25 |
40.28 |
36.64 |
Inventories Decrease /-Increase |
- |
- |
- |
- |
- |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Property Plant Equipment |
- |
- |
- |
- |
- |
Share-based Compensation |
1.78 |
1.00 |
0.55 |
2.16 |
1.51 |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Payments for Origination of Mortgage Loans Held-for-sale |
-25.91 |
-20.31 |
-12.88 |
-80.70 |
-46.75 |
Amortization And Net Impairment Of Mortgage Servicing Rights |
0.57 |
0.45 |
0.13 |
1.57 |
1.01 |
Net Accretion Of Fair Value Adjustments |
-1.82 |
-1.43 |
-0.52 |
-2.79 |
-1.99 |
Gains Losses On Sales Of Other Real Estate |
- |
- |
- |
- |
- |
Provision For Recovery Of Loan And Lease Losses |
- |
- |
- |
- |
- |
Debt And Equity Securities Realized Gain Loss |
-0.51 |
- |
- |
- |
- |
Transfer Of Other Real Estate |
- |
- |
- |
0.39 |
0.39 |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired |
- |
- |
- |
- |
- |
Debt Securities Available For Sale Realized Gain Loss |
- |
- |
- |
- |
- |
Operating Lease Expense |
2.08 |
1.42 |
0.75 |
2.43 |
1.61 |
Finance Lease Right Of Use Asset Amortization |
- |
- |
- |
- |
- |
Gain Loss On Settlement Of Pension Liability |
- |
- |
- |
- |
- |
Increase Decrease In Operating Lease Liabilities |
-2.18 |
-1.46 |
-0.74 |
-2.36 |
-0.65 |
Income taxes |
7.77 |
4.58 |
5.15 |
-3.75 |
-3.65 |
Gain (Loss) on Sales of Loans, Net |
-1.45 |
-0.78 |
-0.25 |
-4.94 |
-3.92 |
Increase (Decrease) in Accrued Interest Receivable, Net |
2.62 |
1.92 |
0.38 |
-4.13 |
-3.10 |
Accounts Payable |
- |
- |
- |
- |
- |
Increase (Decrease) in Interest Payable, Net |
-1.26 |
-0.88 |
0.08 |
1.74 |
1.66 |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Prepaid Expense and Other Assets |
- |
- |
- |
- |
- |
Other Working Capital |
-69.04 |
-3.82 |
-8.98 |
-8.19 |
-6.30 |
Other Noncash Items |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
37.44 |
29.57 |
17.40 |
84.72 |
48.15 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
-0.96 |
41.67 |
15.36 |
52.19 |
34.33 |
Capital Expenditures |
-0.74 |
-0.66 |
-0.46 |
-1.43 |
-0.81 |
Sale of Capital Items |
- |
- |
- |
- |
- |
Short-term Investments Proceeds |
642.47 |
580.46 |
538.94 |
596.49 |
558.15 |
Payments to Acquire Available-for-sale Securities, Debt |
-158.07 |
-158.07 |
-127.80 |
-239.11 |
-121.56 |
Proceeds from Sale of Other Real Estate |
- |
- |
- |
0.53 |
0.53 |
Proceeds From Maturity Of Investment Securities And Paydowns Of Mortgage Related Securities |
- |
- |
- |
- |
- |
Proceeds From Payments For Loan Originations |
9.52 |
9.46 |
-4.93 |
-293.87 |
-337.95 |
Restricted Cash and Investments Increase (Decrease) |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Loans and Leases |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Proceeds from Maturities, Prepayments and Calls of Other Investments |
25.73 |
17.43 |
17.43 |
97.78 |
45.50 |
Payments for (Proceeds from) Federal Home Loan Bank Stock |
5.45 |
8.33 |
6.68 |
19.24 |
19.24 |
Payments to Acquire Businesses, Net of Cash Acquired |
- |
- |
- |
- |
- |
Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Receivables |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
-0.56 |
-0.46 |
-0.07 |
-0.45 |
-0.37 |
Other Net |
0.00 |
0.00 |
- |
302.17 |
302.17 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
523.80 |
456.49 |
429.80 |
481.35 |
464.89 |
Short-term debt Net |
24.80 |
-50.61 |
-12.13 |
-469.76 |
-464.33 |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
- |
- |
- |
- |
Long-term debt - repayments |
- |
- |
- |
- |
- |
Repayments of Federal Home Loan Bank Borrowings |
-15.00 |
- |
- |
-7.50 |
-7.50 |
Issuances/ -repurchases
of Comm. Stock |
-2.56 |
-2.57 |
-2.57 |
-7.24 |
-7.24 |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Deposits, Annuities, Contract Holders Funds |
-560.58 |
-416.40 |
-473.95 |
171.65 |
401.62 |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
-96.90 |
-96.48 |
-96.33 |
-55.03 |
-54.58 |
Increase Decrease In Short Term Borrowings |
- |
- |
- |
- |
- |
Increase Decrease Of Federal Home Loan Bank Advances And Other Borrowings |
- |
- |
- |
- |
- |
Increase In Short Term Borrowings |
- |
- |
- |
- |
- |
Repayment Of Federal Home Loan Bank Advances And Other Borrowings |
- |
- |
- |
- |
- |
Increase In Subordinated Debentures |
- |
- |
- |
- |
- |
Decrease In Junior Subordinated Debentures |
- |
- |
- |
- |
- |
Increase Decrease Of Junior Subordinated Debt |
- |
- |
- |
- |
- |
Payment Of Contingent Consideration |
- |
- |
- |
- |
- |
Tax Benefit From Stock Options Exercised |
- |
- |
- |
- |
- |
Payment For Business Acquisition Contingent Consideration |
- |
- |
- |
- |
- |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents |
96.31 |
96.31 |
96.31 |
53.93 |
53.93 |
Payments For Repurchase Of Common Stock Deferred Compensation Arrangement |
-0.12 |
-0.08 |
-0.03 |
-0.13 |
-0.09 |
Payments For Repurchase Of Common Stock Excluding Deferred Compensation Arrangement |
- |
- |
- |
- |
- |
Payments of Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
-16.43 |
-10.76 |
-5.39 |
-15.96 |
-10.44 |
Net Cash flow from
Financing Activities |
-570.48 |
-480.58 |
-494.08 |
-330.04 |
-88.63 |
Effect of exchange rate on cash flow |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
-1.70 |
41.01 |
14.90 |
50.76 |
33.51 |
Total Cash Flow |
-47.64 |
17.59 |
-48.91 |
203.50 |
410.59 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
11.13 |
7.87 |
0.30 |
9.61 |
5.92 |