Summit 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 Summit Bancshares generated cash of $6,149,698, which is more than the previous year. Cash used in financing activities reached the amount of -$49,233,371 last year. Net change in cash is therefore -$36,699,297.
Cash Flow
| 2014 | 3.53K | -14.63K | 23.31K |
|---|---|---|---|
| 2015 | 1.59M | -21.85M | 9.42M |
| 2016 | 2.18M | 15.40M | 9.06M |
| 2017 | 1.78M | -32.88M | 19.50M |
| 2018 | 3.65M | -7.70M | 638.86K |
| 2019 | 4.71M | 3.47M | -15.94M |
| 2020 | 3.17M | -21.83M | 45.92M |
| 2021 | 4.15M | 25.63M | 58.91M |
| 2022 | 4.17M | -36.22M | -11.07M |
| 2023 | 6.14M | 6.38M | -49.23M |
SMAL Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 0 | 128.46M | 39.76M | 12.50M | 20.26M | 0 | 0 | 0 | 0 | 7.21K |
Operating activities | ||||||||||
Net income | 5.49M | 3.40M | 2.33M | 2.78M | 4.52M | 3.08M | 1.84M | 2.03M | 2.33M | 2.91K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 155.78K | 152.39K | 148.92K | 151.52K | 120.53K | 71.41K | 48.06K | 48.93K | 82.19K | 91 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 6.14M | 4.17M | 4.15M | 3.17M | 4.71M | 3.65M | 1.78M | 2.18M | 1.59M | 3.53K |
Investing activities | ||||||||||
Purchases Of Investments | -400.22K | -24.71M | -399.75K | -399.23K | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -58.78K | -47.03K | -201.69K | -238.5K | -174.00K | -1.09M | -4.35M | -4.94K | -24.53K | -20 |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 6.38M | -36.22M | 25.63M | -21.83M | 3.47M | -7.70M | -32.88M | 15.40M | -21.85M | -14.63K |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -1.42M | -468.62K | -429.71K | -787.80K | -370.02K | 0 | -335.80K | -312.04K | -286.03K | 0 |
Repurchases of common stock | 0 | -1.10M | 0 | 0 | 0 | 0 | -275.21K | -1.93M | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | -49.23M | -11.07M | 58.91M | 45.92M | -15.94M | 638.86K | 19.50M | 9.06M | 9.42M | 23.31K |
Net Change In Cash | -36.69M | -43.12M | 88.69M | 27.26M | -7.75M | -3.40M | -11.58M | 26.66M | -10.82M | 12.20K |
Cash at end of period | -36.69M | 85.34M | 128.46M | 39.76M | 12.50M | -3.40M | -11.58M | 26.66M | -10.82M | 19.42K |