Excel downloadEmail pagePDF viewPrint viewRSS FeedsEmail AlertCompany Fact SheetMobile IR SiteSocial Media Sharing
Argicultural Services

Cash Flow Statement

Entire IR Site Press Releases Only Filings Only
As-reported financial charting
 2013 Y2014 Y2015 Y2016 Y
Source Document12/31/201512/31/201612/31/201612/31/2016
(in thousands)    
Cash Flows from Operating Activities 
Net income 28,72632,77439,00649,694
Adjustments to reconcile net income to net cash provided by operating activities 
Stock-based and non-cash compensation 1,0791,1871,4181,803
Depreciation 5,4665,5725,6977,295
Amortization of intangible assets 3,1322,8843,1924,438
Premises and equipment impairment 00670756
Provision for loan losses 7,5002,0001,6005,550
Provision for deferred income taxes 10,11012,7152,9852,953
Amortization of security premiums and discounts, net 8,7447,3058,3606,877
Accretion of premiums and discounts on time deposits and trust preferred securities, net NA00(669)
Accretion of premiums and discounts on loans, net 00(1,476)(7,429)
Net security gains (553)(776)(380)(1,232)
Gain on sales of mortgage loans, net of origination costs (10,227)(4,723)(5,843)(28,299)
Mortgage loans originated for sale (450,226)(222,976)(267,737)(1,822,027)
Proceeds from sales of mortgage loans 486,616231,139276,3771,767,220
Increase in cash surrender value of bank owned life insurance (1,189)(796)(1,454)(1,522)
Net losses (gains) on disposition of premises and equipment (533)(19)355251
Increase in deferred compensation (49)363201142
Change in assets and liabilities 
(Increase) decrease in other assets 9,6202,112(137)(407)
Decrease in other liabilities (63)(650)(1,329)(6,288)
Net cash provided by operating activities before activities for loans originated for sale 61,763NANANA
Net cash (used in) provided by operating activities 98,15368,11161,505(20,894)
Cash Flows from Investing Activities 
Purchases of securities classified available for sale (83,718)(182,123)(235,291)(180,447)
Purchases of securities classified held to maturity (839)(1,026)(16,287)(2,103)
Proceeds from sales of securities classified available for sale 16,36574,11325,06852,587
Proceeds from maturities of securities classified available for sale 203,908185,329200,780241,304
Proceeds from sales of securities classified held to maturity NA00399
Proceeds from maturities of securities classified held to maturity 0104803,811
Net increase in loans (258,366)(126,604)(118,398)(1,294)
Purchases of premises and equipment (2,549)(3,778)(4,114)(8,991)
Proceeds from disposition of premises and equipment 2,856783122,485
Proceeds from sale of OREO properties 3,6452,7391,0904,498
Proceeds from the redemption of FHLB stock NA0035,397
Purchase of FHLB stock NA00(23,478)
Net cash received in acquisitions 0012,11425,575
Net cash provided by (used in) investing activities (118,698)(51,262)(134,246)149,743
Cash Flows from Financing Activities 
Net decrease in certificates of deposit (108,828)(86,300)(86,574)(173,385)
Net increase in demand deposits, money market and savings accounts (2,326)118,010232,93131,322
Net (decrease) increase in federal funds purchased and securities sold under agreements to repurchase 33,32426,545(25,921)(6,655)
Principal payments on long-term debt (7,000)NANANA
Proceeds from short-term borrowings, net NA00(104,000)
Repayment of FHLB long term advances NA00(4,906)
Proceeds from long-term debt 050,00030,0000
Value of shares surrendered upon vesting of restricted stock units to satisfy tax obligations (237)(45)(269)(809)
Redemption of SBLF preferred stock 00(72,664)0
Cash dividends paid (14,040)(17,224)(18,619)(22,748)
Cash payment for fractional shares related to reverse stock split 00(5)0
Proceeds from stock options exercised NA004
Common stock issuance costs NA00(246)
Purchase of treasury stock 00(6,296)0
Net cash (used in) provided by financing activities (99,107)90,98652,583(281,423)
Net (decrease) increase in cash and cash equivalents (119,652)107,835(20,158)(152,574)
Cash and cash equivalents, beginning of period 351,255231,603339,438319,280
Cash and cash equivalents, ending of period 231,603339,438319,280166,706
Cash Payments for 
Interest 9,0866,6656,2829,674
Income taxes 4,7496,39517,17020,186
Non-cash Investing and Financing Activities 
Other real estate acquired in settlement of loans 2,0686601,2512,775

Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data.

Copyright 2017, © S&P Global Market Intelligence  Terms of Use
  • Certified Green Business
  • Surcharge-free access at any MoneyPass network ATM
  • FDIC
  • Equal Housing Lender







With five lines of business—personal, mortgage, commercial, cash management and wealth management—working together as One Busey, we can meet all your financial needs with confidence. Customers who partner with us are rewarded with the Busey Advantage—regional capabilities and local priorities. It's a commitment that has stood the test of time.

On the personal side, Busey Bank promises to make your banking hassle free with smart personal checking and savings accounts, convenient online banking and mobile banking solutions and consumer loans. Whether you are ready to buy your first home or simply want to refinance the one you currently own, our practical home mortgages, participation in a wide range of special loan programs and in-house mortgage expertise mean your home loan is tailored to your individual needs.

From opening your first business checking account or loan to creating a strong succession plan, Busey can help you manage your growing business. Our business banking, lending and cash management solutions give you the tools you need to keep your business successful and nimble. Our participation in a wide variety of specialized programs and in-house credit expertise allow us to tailor commercial lending packages to your unique situation and make faster credit decisions. Busey knows that cash flow is the lifeblood of a business—whether you need help with receivables, payables, liquidity, fraud protection or information reporting, we can customize your cash management solution to your growing business' needs.

You've earned it. We'll grow it. Busey Wealth Management provides asset management, investment and fiduciary services to individuals, businesses and foundations. We build a team of local professionals around your needs to establish the best strategy for your situation. We work closely with you to develop a personal, comprehensive plan that will help you meet your goals and objectives through each phase of the wealth management process.

Innovative Banking. Simplified.

It's your money, and you should be able to access your accounts whether you're out shopping or out of the country.

Busey makes it easy to securely manage your finances whenever you want, wherever you are.

Learn More »

First home. Or dream home.

There's no place like it.

Busey promises to find the home financing that's best for you - whether you're just starting out, tired of renting or purchasing your dream home.

Learn More »

A top partner for your bottom line.

You've worked hard to realize your dream of opening a business.

Busey promises to partner with you so you don't have to handle difficult decisions alone.

Learn More »

You earn it. We'll grow it.

After years of hard work, you want to see your efforts pay off - literally.

Busey promises to make your money work for you.

Learn More »

Our roots run deep.

With roots that trace back more than 145 years, our professional farm managers are entrusted to care and maximize value for landowners controlling a combined 100,000+ acres of prime farmland in Illinois.

Learn More »

Our customers are our neighbors.

When it comes to navigating your unique financial journey, you want a partner who understands who you are, where you came from and where you are headed.

Busey promises expert advice to guide you through every important financial decision.

Learn More »

A top partner for your bottom line.

You've worked hard to realize your dream of opening a business.

We'll build a relationship with you so you don't have to handle these difficult financial decisions alone.

Learn More »

Your Dream. Our Promise.

You have big dreams.

Busey promises to help you realize those dreams.

Learn More »