Southern BancShares (N.C.)
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 Southern BancShares (N.C.) generated cash of $41,423,000, which is less than the previous year. Cash used in financing activities reached the amount of $72,510,000 last year. Net change in cash is therefore -$34,216,000.
Cash Flow
| 2014 | 0 | 0 | 0 |
|---|---|---|---|
| 2015 | 5.76M | -114.67M | -74.25M |
| 2016 | 14.10M | -207.73M | 44.76M |
| 2017 | 12.44M | -52.64M | 111.24M |
| 2018 | 36.88M | -85.90M | 10.60M |
| 2019 | 32.58M | -326.36M | 248.29M |
| 2020 | 29.60M | -628.85M | 746.84M |
| 2021 | 55.95M | -814.64M | 671.29M |
| 2022 | 50.02M | -437.60M | 341.90M |
| 2023 | 41.42M | -148.14M | 72.51M |
SBNC Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 139.83M | 185.52M | 272.91M | 125.33M | 170.82M | 209.23M | 138.18M | 287.05M | 469.74M | 480.23M |
Operating activities | ||||||||||
Net income | 148.38M | 29.91M | 93.54M | 44.63M | 56.87M | 29.54M | 33.89M | 13.35M | 7.85M | 6.28M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 5.19M | 5.50M | 7.38M | 7.46M | 6.80M | 5.90M | 6.15M | 6.97M | 5.44M | 0 |
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 | -2.09M | -2.65M | 179K | -1.61M | -742K | -1.26M | -675K | -873K | -973K | 0 |
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 | 41.42M | 50.02M | 55.95M | 29.60M | 32.58M | 36.88M | 12.44M | 14.10M | 5.76M | 0 |
Investing activities | ||||||||||
Purchases Of Investments | -38.28M | -315.36M | 0 | 0 | -339.72M | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -2.79M | -3.61M | -7.39M | -3.97M | -9.85M | -4.72M | -5.68M | -8.82M | -4.9M | 0 |
Acquisitions Net | 946K | 165K | 0 | 0 | 0 | 0 | 0 | 6.92M | 0 | 0 |
Cash generated by investing activities | -148.14M | -437.60M | -814.64M | -628.85M | -326.36M | -85.90M | -52.64M | -207.73M | -114.67M | 0 |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 27.44K | 124.86K | 0 | 28.59K | 0 | 0 | 0 | 0 |
Payments for dividends | -2.19M | -2.22M | -1.86M | -1.77M | -2.40M | -2.34M | -2.31M | -2.09M | -1.20M | 0 |
Repurchases of common stock | -6.69M | -7.05M | -3.73M | -23.08M | -2.09M | -21.47M | -935K | -169K | 0 | 0 |
Repayments of term debt | 52.18M | 144.39M | -65.10M | -51.77M | 50.07M | -7.12M | 0 | 0 | 0 | 0 |
Cash used in financing activities | 72.51M | 341.90M | 671.29M | 746.84M | 248.29M | 10.60M | 111.24M | 44.76M | -74.25M | 0 |
Net Change In Cash | -34.21M | -45.68M | -87.39M | 147.58M | -45.49M | -38.40M | 71.04M | -148.86M | -182.69M | -479.75M |
Cash at end of period | 105.62M | 139.83M | 185.52M | 272.91M | 125.33M | 170.82M | 209.23M | 138.18M | 287.05M | 480.23K |