Potomac Bancshares
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 Potomac Bancshares generated cash of $15,370,000, which is more than the previous year. Cash used in financing activities reached the amount of $65,572,999 last year. Net change in cash is therefore $56,343,000.
Cash Flow
| 2014 | 3.26M | -26.18M | 22.18M |
|---|---|---|---|
| 2015 | 3.98M | -25.06M | 27.43M |
| 2016 | 3.29M | -40.72M | 29.48M |
| 2017 | 3.56M | -24.29M | 38.81M |
| 2018 | 4.13M | -38.16M | 55.62M |
| 2019 | 3.59M | -49.46M | 24.70M |
| 2020 | 4.14M | -92.77M | 101.30M |
| 2021 | 8.53M | -44.76M | 83.32M |
| 2022 | 8.71M | -129.10M | 43.98M |
| 2023 | 15.37M | -24.6M | 65.57M |
PTBS Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 11.61M | 88.02M | 40.93M | 28.26M | 49.42M | 27.82M | 9.72M | 17.68M | 11.32M | 12.06M |
Operating activities | ||||||||||
Net income | 7.26M | 7.31M | 7.57M | 3.78M | 3.21M | 3.39M | 3.81M | 2.21M | 2.58M | 2.15M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 917K | 613K | 670K | 736K | 685K | 545K | 445K | 441K | 446K | 445K |
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 | -300K | -196K | 361K | -690K | -125K | -90K | -131K | -37K | -30K | -14K |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 15.37M | 8.71M | 8.53M | 4.14M | 3.59M | 4.13M | 3.56M | 3.29M | 3.98M | 3.26M |
Investing activities | ||||||||||
Purchases Of Investments | -12.29M | -32.71M | -50.92M | -31.14M | -28.07M | -25.36M | -13.36M | -6.99M | 0 | 0 |
Investments In Property Plant And Equipment | -105K | -224K | -5.17M | -168K | -812K | -1.17M | -538K | -407K | -251K | -232K |
Acquisitions Net | 0 | 24.03M | -18.48M | 11.52M | -634K | 0 | 0 | 53K | 0 | 0 |
Cash generated by investing activities | -24.6M | -129.10M | -44.76M | -92.77M | -49.46M | -38.16M | -24.29M | -40.72M | -25.06M | -26.18M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 199K | 0 | 0 | 0 | 11.22M | 0 | 0 | 0 | 0 |
Payments for dividends | -1.57M | -1.44M | -1.28M | -1.15M | -1.15M | -1.00M | -902K | -836K | -710K | -576K |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | -277K | 0 | -351K | 0 |
Repayments of term debt | 0 | 8.85M | -4.05M | -3.80M | 107K | -6.56M | 0 | -19K | 0 | -4.51M |
Cash used in financing activities | 65.57M | 43.98M | 83.32M | 101.30M | 24.70M | 55.62M | 38.81M | 29.48M | 27.43M | 22.18M |
Net Change In Cash | 56.34M | -76.40M | 47.08M | 12.67M | -21.16M | 21.60M | 18.09M | -7.95M | 6.35M | -742K |
Cash at end of period | 67.95M | 11.61M | 88.02M | 40.93M | 28.26M | 49.42M | 27.82M | 9.72M | 17.68M | 11.32M |