Cortland Bancorp
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Cortland Bancorp generated cash of $10,164,000, which is more than the previous year. Cash used in financing activities reached the amount of $69,954,000 last year. Net change in cash is therefore $8,293,000.
Cash Flow
| 2011 | 8.25M | -23.51M | 15.62M |
|---|---|---|---|
| 2012 | -14.91M | -31.46M | 57.77M |
| 2013 | 26.9M | -13.68M | -28.39M |
| 2014 | 7.20M | -14.66M | 5.63M |
| 2015 | 1.38M | -29.91M | 36.45M |
| 2016 | 13.24M | -57.30M | 40.91M |
| 2017 | 9.13M | -54.87M | 49.51M |
| 2018 | 13.13M | -8.73M | -3.83M |
| 2019 | 7.99M | -6.08M | 6.21M |
| 2020 | 10.16M | -71.82M | 69.95M |
CLDB Cash Flow Statement (2011 – 2020)
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 27.81M | 19.69M | 19.12M | 15.35M | 18.49M | 10.56M | 12.39M | 27.57M | 16.17M | 15.80M |
Operating activities | ||||||||||
Net income | 8.26M | 7.28M | 8.83M | 4.35M | 4.87M | 4.37M | 3.86M | 1.78M | 2.91M | 4.07M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 2.75M | 2.24M | 2.31M | 2.73M | 2.77M | 2.53M | 2.46M | 3.22M | 3.06M | 2.41M |
Stock-based compensation expense | 446K | 774K | 214K | 143K | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 446K | 774K | 214K | 143K | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -100K | -81K | -62K | -152K | -401K | 83K | -48K | 90K | 154K | 205K |
Inventories | -403K | 810K | 383K | 975K | 152K | 43K | 1.43M | 1.85M | 0 | 0 |
Accounts payable | -227K | 139K | 46K | 37K | 33K | 7K | -42K | -69K | -81K | -94K |
Cash generated by operating activities | 10.16M | 7.99M | 13.13M | 9.13M | 13.24M | 1.38M | 7.20M | 26.9M | -14.91M | 8.25M |
Investing activities | ||||||||||
Purchases Of Investments | -57.51M | -22.51M | -16.19M | -49.11M | -103.03M | -29.05M | -52.51M | -50.37M | -71.54M | -57.74M |
Investments In Property Plant And Equipment | -652K | -2.68M | -1.93M | -802K | -799K | -2.30M | -1.86M | -894K | -730K | -336K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -71.82M | -6.08M | -8.73M | -54.87M | -57.30M | -29.91M | -14.66M | -13.68M | -31.46M | -23.51M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 60K | 0 | 0 | 0 | 0 | 0 | 24K | 0 | 0 |
Payments for dividends | -2.58M | -2.18M | -2.14M | -1.72M | -1.23M | -1.08M | -816K | -544K | -136K | 0 |
Repurchases of common stock | -3.15M | -1.33M | -1.78M | -237K | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -14M | 0 | -6M | 0 | -9.5M | 0 | -12.5M | -2.5M | -1.5M | -23.62M |
Cash used in financing activities | 69.95M | 6.21M | -3.83M | 49.51M | 40.91M | 36.45M | 5.63M | -28.39M | 57.77M | 15.62M |
Net Change In Cash | 8.29M | 8.12M | 567K | 3.77M | -3.14M | 7.92M | -1.82M | -15.18M | 11.40M | 372K |
Cash at end of period | 36.10M | 27.81M | 19.69M | 19.12M | 15.35M | 18.49M | 10.56M | 12.39M | 27.57M | 16.17M |
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