Middlefield Banc Corp.
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 Middlefield Banc Corp. generated cash of $22,356,000, which is more than the previous year. Cash used in financing activities reached the amount of $111,213,000 last year. Net change in cash is therefore $7,027,000.
Cash Flow
| 2014 | 7.45M | -26.72M | 18.70M |
|---|---|---|---|
| 2015 | 7.18M | -59.44M | 50.37M |
| 2016 | 7.80M | -45.98M | 46.92M |
| 2017 | 13.92M | -95.25M | 88.72M |
| 2018 | 14.28M | -76.54M | 130.30M |
| 2019 | 13.45M | 276K | -86.55M |
| 2020 | 15.08M | -135.32M | 197.54M |
| 2021 | 15.42M | 70.88M | -79.23M |
| 2022 | 18.36M | -8.65M | -75.39M |
| 2023 | 22.35M | -126.54M | 111.21M |
MBCN Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 53.80M | 119.49M | 112.41M | 35.11M | 107.93M | 39.88M | 32.49M | 23.75M | 25.63M | 26.19M |
Operating activities | ||||||||||
Net income | 17.36M | 15.67M | 18.63M | 8.34M | 12.71M | 12.43M | 9.45M | 6.41M | 6.86M | 7.18M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.04M | 1.84M | 2.10M | 2.02M | 2.01M | 1.90M | 1.66M | 1.06M | 1.01M | 1.04M |
Stock-based compensation expense | 374K | 307K | 478K | 144K | 644K | 467K | 33K | 29K | 18K | 10K |
| Deferred income tax benefit | 374K | 307K | 478K | 144K | 644K | 467K | 33K | 29K | 18K | 10K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -209K | 1.07M | -1.73M | 162K | -345K | -422K | -39K | -292K | 40K |
Inventories | 0 | -395K | 343K | 337K | -173K | -1.03B | -1.02B | 0 | -588.89M | -537.99M |
Accounts payable | 0 | 395K | -343K | -337K | 173K | 166K | 136K | 0 | 80K | -49K |
Cash generated by operating activities | 22.35M | 18.36M | 15.42M | 15.08M | 13.45M | 14.28M | 13.92M | 7.80M | 7.18M | 7.45M |
Investing activities | ||||||||||
Purchases Of Investments | -2.2M | -32.29M | -68.90M | -24.07M | -34.96M | -12.99M | -3.08M | -1.74M | -21.94M | -12.28M |
Investments In Property Plant And Equipment | -1.09M | -884K | -605K | -1.07M | -1.89M | -2.10M | -1.20M | -2.16M | -507K | -902K |
Acquisitions Net | 0 | 18.40M | 127.29M | -127.84M | 6.93M | -68.79M | 5.43M | -76.19M | -63.93M | -36.22M |
Cash generated by investing activities | -126.54M | -8.65M | 70.88M | -135.32M | 276K | -76.54M | -95.25M | -45.98M | -59.44M | -26.72M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 94K | 12K | 0 | 168K | 15.16M | 0 | 0 | 0 |
Payments for dividends | -6.86M | -5.49M | -4.24M | -3.83M | -3.68M | -3.77M | -3.35M | -2.31M | -2.15M | -2.12M |
Repurchases of common stock | -4.50M | -6.11M | -12.29M | -1.19M | -2.22M | 0 | 0 | 0 | -6.78M | 0 |
Repayments of term debt | 97.80M | 64.76M | -4.20M | -674K | -85.74M | -20.26M | 25.97M | -502K | 20.33M | -985K |
Cash used in financing activities | 111.21M | -75.39M | -79.23M | 197.54M | -86.55M | 130.30M | 88.72M | 46.92M | 50.37M | 18.70M |
Net Change In Cash | 7.02M | -65.68M | 7.07M | 77.30M | -72.82M | 68.04M | 7.39M | 8.74M | -1.88M | -554K |
Cash at end of period | 60.83M | 53.80M | 119.49M | 112.41M | 35.11M | 107.93M | 39.88M | 32.49M | 23.75M | 25.63M |
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