Mountain Commerce 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 Mountain Commerce Bancorp generated cash of $8,310,000, which is less than the previous year. Cash used in financing activities reached the amount of $126,243,000 last year. Net change in cash is therefore -$9,759,000.
Cash Flow
| 2014 | 0 | 0 | 0 |
|---|---|---|---|
| 2015 | 5.42M | -78.61M | 79.86M |
| 2016 | 6.91M | -111.90M | 0 |
| 2017 | 8.88M | -140.76M | 122.34M |
| 2018 | 12.61M | -103.78M | 91.77M |
| 2019 | 12.39M | -55.44M | 40.21M |
| 2020 | 19.64M | -150.59M | 186.72M |
| 2021 | 22.89M | -232.25M | 203.32M |
| 2022 | 23.76M | -276.74M | 262.76M |
| 2023 | 8.31M | -144.31M | 126.24M |
MCBI Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 78.64M | 68.85M | 74.88M | 16.59M | 19.42M | 18.82M | 28.36M | 14.98M | 8.30M | 0 |
Operating activities | ||||||||||
Net income | 6.91M | 18.44M | 23.62M | 10.16M | 12.35M | 10.18M | 5.47M | 4.23M | 3.07M | 2.25M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.1M | 585K | 488.37K | 518.36K | 613.43K | 524.98K | 625.26K | 676.38K | 634.86K | 0 |
Stock-based compensation expense | 1.16M | 915K | 479K | 387.27K | 343.19K | 0 | 201.20K | 154.62K | 62.91K | 0 |
| Deferred income tax benefit | 1.16M | 915K | 479K | 387.27K | 343.19K | 0 | 201.20K | 154.62K | 62.91K | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -1.11M | 851.68K | -1.60M | -239.31K | -281.87K | -401.11K | -370.06K | -165.00K | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 1.37M | 487K | -96.78K | 129.01K | -38.22K | 309.59K | 47.71K | -9.94K | 153 | 0 |
Cash generated by operating activities | 8.31M | 23.76M | 22.89M | 19.64M | 12.39M | 12.61M | 8.88M | 6.91M | 5.42M | 0 |
Investing activities | ||||||||||
Purchases Of Investments | -8.69M | -31.21M | -106.20M | -61.27M | -20.89M | -23.29M | -52.79M | -25.17M | -3.98M | 0 |
Investments In Property Plant And Equipment | -19.49M | -20.56M | -6.26M | -987.02K | -418.94K | -211.45K | -395.89K | -305.33K | -2.92M | 0 |
Acquisitions Net | 0 | 0 | -135.59M | -120.93M | -98.83M | -90.79M | -111.90M | -100.34M | -86.11M | 0 |
Cash generated by investing activities | -144.31M | -276.74M | -232.25M | -150.59M | -55.44M | -103.78M | -140.76M | -111.90M | -78.61M | 0 |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 1.15K | 414.90K | 769.18K | 154.37K | 0 | 776.74K | 0 |
Payments for dividends | -4.07M | -3.85M | -3.33M | 0 | 0 | 0 | -74.22K | 0 | -148.45K | 0 |
Repurchases of common stock | -217K | -16K | -2.29M | 0 | 0 | 0 | -500.21K | 0 | -715.20K | 0 |
Repayments of term debt | 5M | 28M | -177M | -285.00M | 3M | -16M | 18.31M | 0 | -8.53M | 0 |
Cash used in financing activities | 126.24M | 262.76M | 203.32M | 186.72M | 40.21M | 91.77M | 122.34M | 0 | 79.86M | 0 |
Net Change In Cash | -9.75M | 9.78M | -6.03M | 55.77M | -2.83M | 603.38K | -9.53M | 13.37M | 6.68M | 0 |
Cash at end of period | 68.88M | 78.64M | 68.85M | 72.36M | 16.59M | 19.42M | 18.82M | 28.36M | 14.98M | 0 |