Email pagePDF viewPrint viewRSS News FeedsEmail AlertIR Mobile
United Bankshares Home
Printer Friendly Version
Text Size
The Challenge To Be The Best Never Ends
Investor Relations
UBSI Stock Price
Investor Search
  • Entire IR Site

    Press Releases Only

    Filings Only

Investor Relations

Cash Flow Statement (rptd.)UNITED BANKSHARES, INC. (NASDAQ - UBSI) 
 2014 Y2015 Y2016 Y2017 Y2018 Q1 YTD
Source Document12/31/201612/31/201712/31/201712/31/20173/31/2018
(in thousands)     
Net income 129,888137,959147,083150,581NA
Adjustments to reconcile net income to net cash provided by operating activities 
Provision for loan losses 21,93722,57424,50928,406NA
Depreciation, amortization and accretion 1,574746(8,720)(21,567)NA
Loss (gain) on sales of bank premises, OREO and equipment (3,195)2,0595,1964,813NA
(Gain) loss on securities 3,112(155)(280)(5,584)NA
Loans originated for sale (96,437)(145,836)(154,335)(2,373,622)NA
Proceeds from sales of loans 93,869146,342160,0212,455,213NA
Gain on sales of loans (1,876)(2,507)(3,450)(58,907)NA
Stock-based compensation 2,1952,4842,8173,555NA
Excess tax benefits from stock-based compensation arrangements (73)1,0234,0082,201NA
Deferred income tax expense 10,0971,7297,25260,827NA
Increase in cash surrender value of bank-owned life insurance policies (3,375)(5,557)(3,837)(5,110)NA
Contribution to pension plan NA00(10,000)NA
Amortization of net periodic pension costs 4324,3805,1563,310NA
Changes in 
Loans held for sale NA00(8,893)NA
Interest receivable 1,708(3,467)(755)(2,024)NA
Other assets (2,901)14,349(5,855)32,924NA
Accrued expenses and other liabilities (4,387)(1,222)(8,076)(2,195)NA
NET CASH PROVIDED BY OPERATING ACTIVITIES 152,568174,901170,734253,928158,484
Proceeds from maturities and calls of securities held to maturity 1,5181,0565,73014,2141
Purchases of held to maturity securities 0(1,000)0(1,403)NA
Proceeds from sales of securities available for sale 94,2497,316103,440247,13136,850
Proceeds from maturities and calls of securities available for sale 440,240183,950410,550439,18166,067
Purchases of securities available for sale (445,477)(85,249)(504,978)(932,474)(330,031)
Redemption of bank-owned life insurance policies 8,9301,9746300NA
Proceeds from sales of equity securities NANANANA159
Purchases of equity securities NANANANA(181)
Proceeds from sales and redemptions of other investment securities 52,80419,84564,41140,8379,046
Purchases of other investment securities (61,275)(22,181)(72,052)(74,090)(3,672)
Purchases of bank premises and equipment (8,876)(5,263)(7,271)(14,357)(756)
Proceeds from sales of bank premises and equipment 11,430866554171
Acquisition of subsidiaries, net of cash paid 97,296029,33044,531NA
Proceeds from the sales of OREO properties 13,10210,27017,8717,0663,433
Net change in loans (416,523)(296,882)(17,255)496,02532,091
NET CASH USED IN INVESTING ACTIVITIES (212,582)(185,298)30,960266,678(186,992)
Cash dividends paid (82,496)(88,864)(96,351)(121,354)(35,713)
Excess tax benefits from stock-based compensation arrangements 73NANANANA
Acquisition of treasury stock (2)(1)(1)(1)(404)
Proceeds from exercise of stock options 9,8787,87113,3374,619300
Proceeds from the issuance of common stock 00199,9160NA
Distribution of treasury stock for deferred compensation plan 81110NA
Repayment of long-term Federal Home Loan Bank borrowings (436,734)(794,455)(725,673)(845,208)(625,000)
Proceeds from issuance of long-term Federal Home Loan Bank borrowings 790,000705,000795,000815,000615,000
Redemption of issued trust preferred securities (28,676)NANANANA
Repayment of trust preferred issuance NANANANA(9,374)
Changes in 
Deposits NANANANA(184,097)
Time deposits 262,989(135,674)75,639614,821NA
Other deposits 140,266433,414408,127(928,665)NA
Federal funds purchased, securities sold under agreements to repurchase and other short-term borrowings (258,918)(12,624)(294,497)171,821(259,201)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES 396,461114,668375,498(288,967)(498,489)
(Decrease) Increase in cash and cash equivalents 336,447104,271577,192231,640(526,997)
Cash and cash equivalents at beginning of year 416,617753,064857,3351,434,5271,666,167
Cash and cash equivalents at end of period 753,064857,3351,434,5271,666,1671,139,170
Supplemental information 
Cash paid for interest 42,01239,83544,60972,715NA
Cash paid for income taxes 60,43152,31961,90573,096NA
Noncash investing activities 
Transfers of loans to OREO 20,8855,85721,77617,615527

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 2018, © SNL Financial LC  Terms of Use

Home  |  Contact Us  |  Press Releases  |  SiteMap

United Bank