Citizens 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 Citizens Bancorp generated cash of $13,380,000, which is less than the previous year. Cash used in financing activities reached the amount of -$56,432,000 last year. Net change in cash is therefore $6,437,000.
Cash Flow
| 2014 | 4.48M | -46.11M | 37.54M |
|---|---|---|---|
| 2015 | 5.85M | -82.86M | 41.32M |
| 2016 | 5.35M | -82.29M | 91.16M |
| 2017 | 5.58M | -79.95M | 43.29M |
| 2018 | 9.20M | -788K | -7.92M |
| 2019 | 10.81M | -11.61M | 3.71M |
| 2020 | 11.46M | -52.03M | 184.48M |
| 2021 | 11.07M | -174.44M | 82.61M |
| 2022 | 13.55M | 5.74M | 21.11M |
| 2023 | 13.38M | 49.48M | -56.43M |
CZBC Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 155.73M | 115.31M | 196.07M | 52.15M | 49.22M | 48.73M | 79.81M | 65.58M | 101.26M | 105.35M |
Operating activities | ||||||||||
Net income | 6.15M | 9.10M | 10.31M | 4.10M | 10.49M | 9.31M | 5.39M | 4.90M | 3.53M | 4.19M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 558K | 524K | 594K | 562K | 530K | 476K | 460K | 513K | 564K | 582K |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -526K | -72K | -153K | -124K | -477K | -473K | -233K | -419K | -210K | -56K |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 13.38M | 13.55M | 11.07M | 11.46M | 10.81M | 9.20M | 5.58M | 5.35M | 5.85M | 4.48M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -60.92M | -339.18M | -131.05M | -137.65M | -66.79M | -128.83M | -196.60M | -182.17M | 0 |
Investments In Property Plant And Equipment | -1.54M | -489K | -460K | -1.96M | -2.65M | -705K | -4.39M | -625K | -131K | -895K |
Acquisitions Net | 0 | -23.71M | 256.16M | 0 | 5.27M | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 49.48M | 5.74M | -174.44M | -52.03M | -11.61M | -788K | -79.95M | -82.29M | -82.86M | -46.11M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -2.13M | -2.72M | -1.41M | -2.26M | -1.85M | -1.36M | -1.22M | -1.12M | -1.18M | -1.19M |
Repurchases of common stock | -1.18M | 0 | -434K | -551K | -276K | 0 | -25K | -121K | -96K | -268K |
Repayments of term debt | 160M | 0 | -1.36M | -11.71M | 0 | -275K | -4.76M | -1.2M | 5.80M | -1.28M |
Cash used in financing activities | -56.43M | 21.11M | 82.61M | 184.48M | 3.71M | -7.92M | 43.29M | 91.16M | 41.32M | 37.54M |
Net Change In Cash | 6.43M | 40.41M | -80.75M | 143.92M | 2.92M | 492K | -31.08M | 14.23M | -35.68M | -4.08M |
Cash at end of period | 162.17M | 155.73M | 115.31M | 196.07M | 52.15M | 49.22M | 48.73M | 79.81M | 65.58M | 101.26M |