First Bancshares
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 First Bancshares generated cash of $7,871,954, which is more than the previous year. Cash used in financing activities reached the amount of $61,168,881 last year. Net change in cash is therefore $57,250,205.
Cash Flow
| 2014 | 206.77K | -20.98M | 6.72M |
|---|---|---|---|
| 2015 | 1.22M | -8.99M | 13.35M |
| 2016 | 780.44K | -10.96M | 5.07M |
| 2017 | 1.80M | -720.52K | 14.87M |
| 2018 | 4.93M | -5.33M | -14.32M |
| 2019 | 4.13M | -8.99M | 2.31M |
| 2020 | 2.62M | -39.51M | 49.86M |
| 2021 | 7.43M | -44.22M | 33.79M |
| 2022 | 4.63M | -65.71M | 20.50M |
| 2023 | 7.87M | -11.79M | 61.16M |
FBSI Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 21.78M | 62.35M | 16.38M | 3.40M | 5.95M | 20.67M | 4.70M | 9.82M | 11.26M | 11.70M |
Operating activities | ||||||||||
Net income | 6.71M | 5.28M | 5.09M | 3.94M | 3.57M | 2.98M | -563.43K | 1.16M | 3.10M | 284.81K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 711.95K | 760.02K | 776.50K | 785.89K | 677.11K | 653.71K | 547.45K | 434.60K | 392.21K | 376.83K |
Stock-based compensation expense | 149.98K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 149.98K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 7.87M | 4.63M | 7.43M | 2.62M | 4.13M | 4.93M | 1.80M | 780.44K | 1.22M | 206.77K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | -15.92M | -20.03M | -5.70K | 0 | 0 | -51.32M | 0 | 0 |
Investments In Property Plant And Equipment | -4 | -642.34K | -1.49M | -1.34M | -473.22K | -122.46K | -431.18K | -1.06M | -2.87M | -3.22M |
Acquisitions Net | 0 | 0 | -48.84M | -54.89M | 5.70K | 13.73K | 4.69M | 463.96K | 0 | 0 |
Cash generated by investing activities | -11.79M | -65.71M | -44.22M | -39.51M | -8.99M | -5.33M | -720.52K | -10.96M | -8.99M | -20.98M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 1.5M | 2.31M | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -731.8K | -732.71K | -653.28K | -641.97K | -609.53K | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -798.78K | -49.46K | -2.56M | -962.59K | -127.81K | -114.69K | 0 | 0 | -6.30K | -10.73K |
Repayments of term debt | 11M | -1.5M | -2.99M | -2.08K | -3.50M | -4.00M | -5.49M | -57.85K | 1.5M | -4.1M |
Cash used in financing activities | 61.16M | 20.50M | 33.79M | 49.86M | 2.31M | -14.32M | 14.87M | 5.07M | 13.35M | 6.72M |
Net Change In Cash | 57.25M | -40.57M | -2.98M | 12.98M | -2.55M | -14.71M | 15.96M | -5.11M | -1.43M | -443.62K |
Cash at end of period | 79.03M | 21.78M | 13.39M | 16.38M | 3.40M | 5.95M | 20.67M | 4.70M | 9.82M | 11.26M |