Harford Bank
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 Harford Bank generated cash of $7,294,302, which is more than the previous year. Cash used in financing activities reached the amount of $62,363,150 last year. Net change in cash is therefore $3,558,232.
Cash Flow
| 2014 | 3.76M | -1.32M | -11.06M |
|---|---|---|---|
| 2015 | 2.32M | -13.22M | 10.56M |
| 2016 | 3.28M | -27.85M | 17.21M |
| 2017 | 3.09M | -2.45M | 14.95M |
| 2018 | 4.09M | -10.43M | 8.78M |
| 2019 | 4.64M | -11.41M | 8.44M |
| 2020 | 2.77M | -83.26M | 105.11M |
| 2021 | 9.30M | -65.94M | 83.47M |
| 2022 | 6.65M | -76.15M | 15.51M |
| 2023 | 7.29M | -66.09M | 62.36M |
HFBK Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 28.44M | 82.43M | 55.59M | 30.97M | 29.29M | 26.84M | 11.24M | 18.60M | 18.93M | 27.56M |
Operating activities | ||||||||||
Net income | 6.45M | 5.12M | 5.34M | 3.19M | 3.29M | 3.19M | 1.93M | 1.85M | 2.01M | 2.81M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 539.88K | 545.64K | 506.67K | 520.56K | 446.92K | 349.09K | 368.38K | 385.30K | 403.80K | 390.75K |
Stock-based compensation expense | 59.55K | 55.65K | 43.16K | 43.38K | 56.52K | 67.81K | 69.26K | 65.98K | 64.18K | 54.24K |
| Deferred income tax benefit | 59.55K | 55.65K | 43.16K | 43.38K | 56.52K | 67.81K | 69.26K | 65.98K | 64.18K | 54.24K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -407.48K | -62.22K | 25.21K | -510.97K | -21.49K | -25.37K | 1.13K | -34.27K | 30.30K | 87.46K |
Inventories | 0 | 0 | 0 | 0 | 647.00K | 253.50K | 169.85K | 30.03K | -686.99K | 0 |
Accounts payable | 623.21K | -41.28K | -70.00K | -13.76K | 79.16K | 35.02K | -30.98K | 7.24K | -4.16K | 0 |
Cash generated by operating activities | 7.29M | 6.65M | 9.30M | 2.77M | 4.64M | 4.09M | 3.09M | 3.28M | 2.32M | 3.76M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -28.62M | -79.03M | -27.92M | -34.72M | -16.58M | -13.49M | -995.31K | -9.74M | 0 |
Investments In Property Plant And Equipment | -142.11K | -222.61K | -1.81M | -664.09K | -764.83K | -1.11M | -170.41K | -232.22K | -109.88K | -318.29K |
Acquisitions Net | 2.37M | 0 | -5.43M | -77.99M | -3.30M | -7.63M | -1.16M | -36.57M | -10.65M | 0 |
Cash generated by investing activities | -66.09M | -76.15M | -65.94M | -83.26M | -11.41M | -10.43M | -2.45M | -27.85M | -13.22M | -1.32M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 162.04K | 129.29M | 0 | 41.88K | 0 | 107.68K | 0 | 0 |
Payments for dividends | -1.29M | -1.12M | -1.47M | -743.53K | -963.71K | -911.17K | -859.98K | -825.94K | -779.77K | -1.06M |
Repurchases of common stock | -221.20K | -107.01K | -159.93K | -117.40K | -73.08K | 0 | -221 | -123.10K | -39.54K | -98.42K |
Repayments of term debt | 48M | 0 | -162.04K | -23.54M | -7M | -6M | -1M | -5M | 0 | 0 |
Cash used in financing activities | 62.36M | 15.51M | 83.47M | 105.11M | 8.44M | 8.78M | 14.95M | 17.21M | 10.56M | -11.06M |
Net Change In Cash | 3.55M | -53.98M | 26.83M | 24.62M | 1.68M | 2.44M | 15.60M | -7.35M | -334.84K | -8.62M |
Cash at end of period | 32.00M | 28.44M | 82.43M | 55.59M | 30.97M | 29.29M | 26.84M | 11.24M | 18.60M | 18.93M |