Farmers & Merchants Bancshares, Inc. (Burlington, IA)
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 Farmers & Merchants Bancshares, Inc. (Burlington, IA) generated cash of $686,736, which is less than the previous year. Cash used in financing activities reached the amount of -$23,772,081 last year. Net change in cash is therefore -$8,560,843.
Cash Flow
| 2017 | 0 | 0 | 0 |
|---|---|---|---|
| 2019 | 1.09M | 2.24M | 10.97M |
| 2020 | 1.66M | -27.32M | 27.88M |
| 2021 | 1.99M | -31.59M | 21.77M |
| 2022 | 1.18M | -14.25M | 13.13M |
| 2023 | 686.73K | 14.52M | -23.77M |
FMBN Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 0 | 13.69M | 0 | 0 | 4.97M | 0 |
Operating activities | ||||||
Net income | -82 | 803.07K | 872.01K | 1.18M | 169.26K | 315 |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 0 | 354.6K | 346.00K | 341.9K | 267.04K | 0 |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 686.73K | 1.18M | 1.99M | 1.66M | 1.09M | 0 |
Investing activities | ||||||
Purchases Of Investments | 0 | -28.94M | -61.43M | -54.85M | -1.99M | 0 |
Investments In Property Plant And Equipment | 0 | -409.02K | -273.04K | -207.52K | -561.49K | 0 |
Acquisitions Net | 0 | 0 | 10.64M | 2.11M | 0 | 0 |
Cash generated by investing activities | 14.52M | -14.25M | -31.59M | -27.32M | 2.24M | 0 |
Financing activities | ||||||
Common Stock Issued | 12.50K | 45.39K | 40.32K | 40.41K | 39.97K | 0 |
Payments for dividends | 0 | -269.21K | 0 | 0 | -265.76K | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 12.8M | 0 | 0 | -1.23M | -5.03M | 8M |
Cash used in financing activities | -23.77M | 13.13M | 21.77M | 27.88M | 10.97M | 0 |
Net Change In Cash | -8.56M | 67.44K | -7.81M | 2.22M | 14.31M | 0 |
Cash at end of period | -8.56M | 13.75M | -7.81M | 2.22M | 19.28M | 0 |