Provident 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 Provident Bancorp generated cash of $5,552,000, which is less than the previous year. Cash used in financing activities reached the amount of $29,421,000 last year. Net change in cash is therefore $139,703,000.
Cash Flow
| 2014 | 7.64M | -39.90M | 26.45M |
|---|---|---|---|
| 2015 | 6.81M | -74.96M | 79.05M |
| 2016 | 8.60M | -61.54M | 43.18M |
| 2017 | 9.47M | -70.95M | 98.46M |
| 2018 | 16.75M | -94.83M | 59.00M |
| 2019 | 17.50M | -116.63M | 130.17M |
| 2020 | 18.18M | -360.45M | 366.43M |
| 2021 | 24.31M | -155.72M | 200.70M |
| 2022 | 21.90M | -22.33M | -72.05M |
| 2023 | 5.55M | 104.73M | 29.42M |
PVBC Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 80.62M | 153.11M | 83.81M | 59.65M | 28.61M | 47.68M | 10.70M | 20.46M | 9.55M | 15.35M |
Operating activities | ||||||||||
Net income | 10.95M | -21.46M | 16.13M | 11.98M | 10.80M | 9.32M | 7.91M | 6.33M | 3.82M | 4.56M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 0 | 1.1M | 1.02M | 1.09M | 1.39M | 721K | 811K | 832K | 713K | 767K |
Stock-based compensation expense | 2.09M | 3.14M | 3.95M | 1.93M | 2.07M | 0 | 1.43M | 472K | 301K | 448K |
| Deferred income tax benefit | 2.09M | 3.14M | 3.95M | 1.93M | 2.07M | 0 | 1.43M | 472K | 301K | 448K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 507K | -894K | 668K | -3.26M | -216K | -293K | -25K | -69K | -195K | -99K |
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 | 5.55M | 21.90M | 24.31M | 18.18M | 17.50M | 16.75M | 9.47M | 8.60M | 6.81M | 7.64M |
Investing activities | ||||||||||
Purchases Of Investments | -1.81M | 0 | -13.62M | 66.96M | -13.72M | -52K | -13.12M | -9.83M | -17.84M | -13.46M |
Investments In Property Plant And Equipment | -339K | -262K | -412K | -911K | -6.24M | -2.39M | -3.42M | -873K | -1.81M | -576K |
Acquisitions Net | 0 | 0 | -144.79M | -66.96M | -124.27M | 0 | -121.06M | -70.24M | -61.54M | -55.88M |
Cash generated by investing activities | 104.73M | -22.33M | -155.72M | -360.45M | -116.63M | -94.83M | -70.95M | -61.54M | -74.96M | -39.90M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | -241K | 387.65M | 91.57M | 0 | 0 | 0 | 41.19M | 0 |
Payments for dividends | 0 | -1.98M | -2.56M | -1.63M | 0 | 0 | 0 | 0 | -167K | -172K |
Repurchases of common stock | -74K | -2.97M | -18.96M | -7.95M | -193K | -215K | -594K | 0 | -3.57M | 0 |
Repayments of term debt | -22.13M | 4.82M | -241K | -11.49M | -5M | -41.18M | 7M | -7.56M | 18.18M | -3.35M |
Cash used in financing activities | 29.42M | -72.05M | 200.70M | 366.43M | 130.17M | 59.00M | 98.46M | 43.18M | 79.05M | 26.45M |
Net Change In Cash | 139.70M | -72.48M | 69.29M | 24.16M | 31.04M | -19.07M | 36.98M | -9.75M | 10.90M | -5.79M |
Cash at end of period | 220.33M | 80.62M | 153.11M | 83.81M | 59.65M | 28.61M | 47.68M | 10.70M | 20.46M | 9.55M |
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