First Resource 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 First Resource Bancorp generated cash of $5,622,286, which is more than the previous year. Cash used in financing activities reached the amount of $76,246,080 last year. Net change in cash is therefore $18,219,746.
Cash Flow
| 2014 | 1.76M | -15.30M | 13.74M |
|---|---|---|---|
| 2015 | 2.21M | -27.85M | 26.08M |
| 2016 | 1.70M | -31.32M | 31.58M |
| 2017 | 2.24M | -28.23M | 25.78M |
| 2018 | 2.69M | -31.55M | 31.60M |
| 2019 | 3.51M | -36.83M | 30.10M |
| 2020 | 2.09M | -63.10M | 84.50M |
| 2021 | 3.99M | -59.58M | 40.12M |
| 2022 | 5.02M | -53.49M | 43.52M |
| 2023 | 5.62M | -63.64M | 76.24M |
FRSB Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 5.60M | 10.54M | 26.00M | 2.51M | 5.73M | 2.99M | 3.21M | 1.25M | 817.02K | 606.23K |
Operating activities | ||||||||||
Net income | 5.92M | 5.62M | 4.17M | 3.25M | 2.32M | 2.16M | 1.68M | 1.28M | 1.18M | 1.10M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 495.70K | 477.09K | 476.67K | 462.32K | 397.17K | 362.40K | 383.25K | 396.21K | 355.86K | 199.89K |
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 | -541.02K | -342.35K | 286.66K | -342.65K | -57.20K | -112.38K | -96.09K | -93.88K | -47.01K | -6.65K |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 573.28K | 94.20K | -105.81K | -38.33K | 68.99K | 50.77K | -3.18K | 33.94K | 65.24K | 72 |
Cash generated by operating activities | 5.62M | 5.02M | 3.99M | 2.09M | 3.51M | 2.69M | 2.24M | 1.70M | 2.21M | 1.76M |
Investing activities | ||||||||||
Purchases Of Investments | -7.98M | -17.57M | -40.05M | -29.92M | -21.94M | -19.98M | -21.68M | -20.32M | -14.67M | -6.08M |
Investments In Property Plant And Equipment | -168.39K | -311.85K | -138.53K | -147.4K | -2.40M | -1.31M | -81.9K | -128.63K | -1.06M | -2.20M |
Acquisitions Net | 0 | 0 | -46.82M | -57.48M | -35.49M | -27.25M | -19.56M | -22.04M | -19.09M | -17.80M |
Cash generated by investing activities | -63.64M | -53.49M | -59.58M | -63.10M | -36.83M | -31.55M | -28.23M | -31.32M | -27.85M | -15.30M |
Financing activities | ||||||||||
Common Stock Issued | 116.65K | 97.75K | 88.62K | 80.19K | 82.50K | 69.41K | 3.85M | 57.53K | 2.32M | 21.70K |
Payments for dividends | -1.14K | 0 | -1.11K | 0 | -882 | 0 | 0 | -3.25K | -110.69K | -99.11K |
Repurchases of common stock | 0 | 0 | -1.11K | 0 | 0 | 0 | 0 | -1.27M | -3.81M | 0 |
Repayments of term debt | 7.80M | 12.44M | -10.92M | -6.93M | -3.57M | -1.45M | 13.67M | -3.97M | 5.04M | -900K |
Cash used in financing activities | 76.24M | 43.52M | 40.12M | 84.50M | 30.10M | 31.60M | 25.78M | 31.58M | 26.08M | 13.74M |
Net Change In Cash | 18.21M | -4.94M | -15.46M | 23.49M | -3.21M | 2.73M | -212.23K | 1.95M | 437.95K | 210.79K |
Cash at end of period | 23.82M | 5.60M | 10.54M | 26.00M | 2.51M | 5.73M | 2.99M | 3.21M | 1.25M | 817.02K |