Cornerstone Community 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 Cornerstone Community Bancorp generated cash of $8,355,000, which is more than the previous year. Cash used in financing activities reached the amount of $49,684,000 last year. Net change in cash is therefore -$2,646,000.
Cash Flow
| 2015 | 1.14M | -15.01M | 21.13M |
|---|---|---|---|
| 2016 | 1.35M | 0 | 0 |
| 2017 | 6.22M | -34.74M | 32.72M |
| 2018 | 2.77M | 0 | 0 |
| 2019 | 3.98M | -40.53M | 18.23M |
| 2020 | 6.91M | -128.24M | 202.91M |
| 2021 | 7.82M | -119.84M | 99.60M |
| 2022 | 7.97M | -41.80M | -17.81M |
| 2023 | 8.35M | -60.68M | 49.68M |
CRSB Cash Flow Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 30.96M | 82.60M | 95.02M | 13.43M | 31.75M | 0 | 14.45M | 0 | 8.82M |
Operating activities | |||||||||
Net income | 7.37M | 7.24M | 7.91M | 4.62M | 3.45M | 2.77M | 1.63M | 1.35M | 917.90K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||||
Depreciation and amortization | 631K | 573.95K | 463.74K | 480.95K | 499.78K | 0 | 251.95K | 0 | 282.14K |
Stock-based compensation expense | 120K | 88.21K | 88.73K | 81.67K | 117.71K | 0 | 90.25K | 0 | 95.45K |
| Deferred income tax benefit | 120K | 88.21K | 88.73K | 81.67K | 117.71K | 0 | 90.25K | 0 | 95.45K |
| Changes in operating assets and liabilities: | |||||||||
Accounts receivable, net | -1.16M | -1.21M | -1.39M | -1.39M | 0 | 0 | -7.71K | 0 | -384.16K |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 8.35M | 7.97M | 7.82M | 6.91M | 3.98M | 2.77M | 6.22M | 1.35M | 1.14M |
Investing activities | |||||||||
Purchases Of Investments | 0 | -10.77M | -77.60M | -45.94M | -9.06M | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -3.12M | -5.62M | -3.71M | -870.43K | -2.93M | 0 | -4.29M | 0 | -353.28K |
Acquisitions Net | 0 | 1 | 47K | 33.5K | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -60.68M | -41.80M | -119.84M | -128.24M | -40.53M | 0 | -34.74M | 0 | -15.01M |
Financing activities | |||||||||
Common Stock Issued | 5K | 211.89K | 249.42K | 186.40K | 145.4K | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -37K | -137.5K | -9.5K | -947.56K | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 20M | 0 | -15M | -23.71M | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 49.68M | -17.81M | 99.60M | 202.91M | 18.23M | 0 | 32.72M | 0 | 21.13M |
Net Change In Cash | -2.64M | -51.64M | -12.41M | 81.58M | -18.31M | 2.77M | 4.20M | 1.35M | 7.26M |
Cash at end of period | 28.31M | 30.96M | 82.60M | 95.02M | 13.43M | 2.77M | 18.65M | 1.35M | 16.08M |