Sturgis 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 Sturgis Bancorp generated cash of $11,050,000, which is less than the previous year. Cash used in financing activities reached the amount of $46,965,000 last year. Net change in cash is therefore $25,024,000.
Cash Flow
| 2014 | 2.31M | -15.97M | 4.84M |
|---|---|---|---|
| 2015 | 2.09M | -18.79M | 20.52M |
| 2016 | 4.87M | -33.94M | 26.32M |
| 2017 | 4.83M | -5.20M | 11.76M |
| 2018 | 6.49M | -19.61M | 14.01M |
| 2019 | 3.58M | -40.80M | 35.02M |
| 2020 | 1.70M | -116.76M | 159.70M |
| 2021 | 12.62M | -143.37M | 102.43M |
| 2022 | 12.03M | -152.44M | 115.87M |
| 2023 | 11.05M | -32.99M | 46.96M |
STBI Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 14.98M | 39.52M | 67.84M | 23.19M | 25.4M | 24.51M | 13.11M | 15.87M | 12.04M | 20.87M |
Operating activities | ||||||||||
Net income | 6.01M | 6.62M | 6.34M | 6.00M | 4.92M | 4.37M | 3.16M | 2.66M | 2.46M | 1.88M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.34M | 1.58M | 2.28M | 1.05M | 962K | 935K | 946K | 919K | 885K | 820K |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 220K | 178K | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 220K | 178K | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -2.19M | 4.05M | -6.32M | -259K | 855K | -281K | -337K | -307K | -115K |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | -469K | 962K | 3.08M | 0 | -707K | 681K | 859K | -132K | 512K |
Cash generated by operating activities | 11.05M | 12.03M | 12.62M | 1.70M | 3.58M | 6.49M | 4.83M | 4.87M | 2.09M | 2.31M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | -56.08M | -41.52M | 0 | -2.60M | -15.37M | -25.32M | -33.34M | -11.96M |
Investments In Property Plant And Equipment | -3.23M | -5.25M | -2.22M | -3.18M | -745K | -891K | -1.25M | -371K | -830K | -900K |
Acquisitions Net | 0 | 0 | -97.45M | -94.26M | 0 | -27.16M | -9.09M | -13.88M | 2.81M | -5.96M |
Cash generated by investing activities | -32.99M | -152.44M | -143.37M | -116.76M | -40.80M | -19.61M | -5.20M | -33.94M | -18.79M | -15.97M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 178K | 156K | 98K | 81K | 125K |
Payments for dividends | -1.45M | -1.45M | -1.36M | -1.35M | -1.26M | -1.19M | -1.00M | -873K | -291K | -186K |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -31M | -18M | -27.5M | -118.37M | 25.89M | -10.33M | -26.73M | -78.93M | 3.59M | -367K |
Cash used in financing activities | 46.96M | 115.87M | 102.43M | 159.70M | 35.02M | 14.01M | 11.76M | 26.32M | 20.52M | 4.84M |
Net Change In Cash | 25.02M | -24.53M | -28.31M | 44.64M | -2.20M | 888K | 11.39M | -2.75M | 3.82M | -8.82M |
Cash at end of period | 40.00M | 14.98M | 39.52M | 67.84M | 23.19M | 25.4M | 24.51M | 13.11M | 15.87M | 12.04M |