Cash flow Statement (Annual, GAAP
in millions $) |
(Dec 31 2018) 12 Months |
(Dec 31 2017) 12 Months |
(Dec 31 2016) 12 Months |
(Dec 31 2015) 12 Months |
(Dec 31 2014) 12 Months |
Income |
59.91 |
54.62 |
49.66 |
49.64 |
6.78 |
Depreciation & amortization |
8.40 |
5.90 |
5.50 |
-5.50 |
-7.14 |
Amortization of Other Assets |
0.13 |
0.13 |
0.13 |
0.13 |
0.03 |
Extraordinary Item, Gain (Loss), Insurance Assets, Accretion Expense
|
- |
- |
- |
- |
- |
Impairment of Real Estate |
0.36 |
0.42 |
0.13 |
0.12 |
0.21 |
Provision for Loan and Lease Losses |
8.91 |
9.40 |
13.44 |
13.01 |
9.50 |
Inventories Decrease /-Increase |
- |
- |
- |
- |
- |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Property Plant Equipment |
0.07 |
0.37 |
0.18 |
0.19 |
1.21 |
Employee Benefits and Share-based Compensation |
2.86 |
0.40 |
0.31 |
0.30 |
1.73 |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Financial Instruments and Foreign Currency Transaction |
-240.28 |
-314.37 |
-231.85 |
-353.30 |
2,376.55 |
Share Based Compensation Expense |
- |
2.70 |
2.25 |
1.08 |
3.96 |
Amortization Of Esop Expense |
- |
- |
- |
- |
- |
Impairment Of Investments |
- |
- |
- |
- |
- |
Gains Losses On Sales Of Other Real Estate |
-0.29 |
-0.41 |
-0.12 |
-0.22 |
-0.41 |
Bank Owned Life Insurance Income |
-5.86 |
-4.66 |
-3.32 |
-3.40 |
-3.04 |
Increase Decrease In Prepaid Fdic Assessment |
- |
- |
- |
- |
- |
Gain Losson Limited Partnerships |
2.18 |
3.02 |
4.00 |
3.14 |
4.22 |
Transfer Of Other Real Estate |
2.10 |
2.85 |
3.30 |
1.10 |
2.34 |
Debt And Equity Securities Gain Loss |
-0.15 |
1.29 |
-1.02 |
- |
-4.86 |
Accretion Of Intangible Assets And Purchase Accounting Marks |
1.91 |
- |
- |
- |
- |
Debt Securities Available For Sale Gain Loss |
- |
- |
- |
- |
- |
Marketable Securities Gain Loss |
- |
- |
- |
- |
- |
Gain Loss On Limited Partnerships |
- |
- |
- |
- |
- |
Income taxes |
-2.46 |
12.34 |
-4.84 |
3.90 |
6.54 |
Gain (Loss) on Sale of Securities, Net |
- |
-0.78 |
-1.96 |
-0.94 |
-4.38 |
Accounts Receivable |
16.67 |
-2.70 |
-7.23 |
8.11 |
5.27 |
Increase (Decrease) in Payables to Broker-Dealers and Clearing Organizations |
- |
- |
- |
-0.52 |
0.52 |
Increase (Decrease) in Other Accrued Liabilities |
- |
- |
- |
- |
- |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Prepaid Expense and Other Assets |
- |
- |
- |
- |
- |
Other Working Capital |
-18.86 |
-14.53 |
-4.33 |
-16.17 |
-32.72 |
Other Noncash Items |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
272.60 |
257.16 |
175.47 |
350.12 |
-2,376.09 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
108.19 |
13.15 |
-0.31 |
50.77 |
-9.77 |
Capital Expenditures |
-7.36 |
-23.13 |
-3.47 |
-3.59 |
-12.72 |
Sale of Capital Items |
- |
1.04 |
0.69 |
0.36 |
0.33 |
Short-term Investments Proceeds |
165.33 |
494.70 |
391.22 |
384.12 |
594.47 |
Payments to Acquire Available-for-sale Securities, Debt |
-100.77 |
-501.80 |
-385.39 |
-398.79 |
-887.95 |
Proceeds from Sale of Other Real Estate |
2.79 |
2.57 |
2.16 |
2.68 |
3.87 |
Payments For Loan Originations Net Of Principal Payments |
-50.40 |
-186.96 |
-119.82 |
-366.50 |
-303.27 |
Proceeds From Surrender Of Bank Owned Life Insurance |
- |
33.08 |
- |
- |
- |
Increase In Receivable Of Bank Owned Life Insurance |
26.71 |
-26.71 |
- |
- |
- |
Restricted Cash and Investments Increase (Decrease) |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Loans and Leases |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investments |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Federal Reserve and Federal Home Loan Bank |
8.79 |
4.90 |
-2.28 |
-19.25 |
0.44 |
Payments to Acquire Businesses, Net of Cash Acquired |
-6.83 |
- |
- |
- |
25.41 |
Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Payments for Federal Home Loan Bank Advances |
- |
- |
- |
-8.06 |
-6.08 |
Proceeds from Life Insurance Policies |
-38.92 |
-8.11 |
-39.31 |
1.16 |
- |
Other Net |
-274.87 |
-259.66 |
-176.30 |
-340.12 |
-10.23 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-275.52 |
-470.08 |
-332.49 |
-747.98 |
-595.74 |
Short-term debt Net |
- |
-58.31 |
174.63 |
196.72 |
280.38 |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
-4.52 |
-27.30 |
-46.49 |
4.86 |
Long-term debt - repayments |
-16.45 |
- |
- |
- |
- |
Federal Home Loan Bank and Federal Funds |
0.95 |
125.00 |
- |
181.80 |
10.00 |
Issuances/ -repurchases
of Comm. Stock |
- |
- |
- |
- |
- |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Increase (Decrease) in Deposits |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
-219.71 |
1.66 |
6.43 |
-3.92 |
69.36 |
Net Change Noninterest Bearing Deposits |
21.21 |
70.53 |
50.33 |
69.65 |
2.55 |
Net Change Interest Bearing Deposits |
451.37 |
417.25 |
225.10 |
335.32 |
357.80 |
Prepayment Of Long Term Federal Home Loan Bank Advances And Penalty |
- |
- |
- |
- |
- |
Payments For Long Term Federal Home Loan Bank Advances |
-1.32 |
-1.52 |
-76.79 |
- |
-12.47 |
Payments For Purchase Of Treasury Stock |
-5.16 |
-1.31 |
- |
-5.17 |
-47.25 |
Stock Offering Escrow Net Of Expenses |
- |
- |
- |
- |
- |
Payment For Fractional Shares |
- |
- |
- |
- |
- |
Payments For Cancellation Of Treasury Stock |
- |
- |
- |
- |
- |
Esop Forfeiture |
- |
- |
- |
- |
- |
Payments For Reissuance Of Treasury Shares |
- |
- |
- |
- |
- |
Payments For Called Federal Home Loan Bank Advances |
-30.00 |
-70.00 |
- |
- |
- |
Payments of Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
-24.26 |
-24.11 |
-23.84 |
-22.48 |
-18.01 |
Net Cash flow from
Financing Activities |
176.63 |
454.66 |
328.57 |
705.43 |
647.22 |
Effect of exchange rate on cash flow |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
100.83 |
-8.95 |
-3.09 |
47.54 |
-22.16 |
Total Cash Flow |
9.30 |
-2.28 |
-4.23 |
8.22 |
41.72 |
Cash & cash equiv. at beg.
of the Year |
88.67 |
90.94 |
95.18 |
86.95 |
45.24 |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
53.01 |
43.71 |
36.53 |
21.82 |
Cash Income taxes paid |
1.84 |
4.57 |
3.66 |
-6.74 |
- |