Spirit of Texas 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 Spirit of Texas Bancshares generated cash of $54,411,000, which is more than the previous year. Cash used in financing activities reached the amount of $144,355,000 last year. Net change in cash is therefore $42,754,000.
Cash Flow
| 2015 | 6.15M | -111.53M | 128.38M |
|---|---|---|---|
| 2016 | 7.14M | -41.08M | 95.57M |
| 2017 | 13.85M | -149.93M | 41.79M |
| 2018 | 14.09M | -64.68M | 81.65M |
| 2019 | 28.23M | 108.49M | 100.20M |
| 2020 | 53.53M | -615.31M | 498.86M |
| 2021 | 54.41M | -156.01M | 144.35M |
STXB Cash Flow Statement (2015 – 2021)
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 263.03M | 325.95M | 89.01M | 57.94M | 152.23M | 90.59M | 0 |
Operating activities | |||||||
Net income | 42.05M | 31.31M | 21.13M | 9.97M | 4.75M | 3.71M | 3.49M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 7.42M | 7.80M | 6.86M | 3.08M | 2.46M | 2.45M | 2.56M |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 3.03M | -3.97M | 35K | -2K | -981K | -87K | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | -519K | 45K | 103K | 103K | 143K | 53K | 0 |
Cash generated by operating activities | 54.41M | 53.53M | 28.23M | 14.09M | 13.85M | 7.14M | 6.15M |
Investing activities | |||||||
Purchases Of Investments | -754.78M | -917.44M | -63.29M | 0 | -40.41M | 0 | 0 |
Investments In Property Plant And Equipment | -1.98M | -10.15M | -7.22M | -6.61M | -14.16M | -7.26M | -5.45M |
Acquisitions Net | 60K | -107.86M | 94.45M | 44.88M | 0 | 31.88M | 0 |
Cash generated by investing activities | -156.01M | -615.31M | 108.49M | -64.68M | -149.93M | -41.08M | -111.53M |
Financing activities | |||||||
Common Stock Issued | 0 | 0 | 46.53M | 42.05M | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -1.09M | -15.47M | -289K | 0 | 0 | 0 | 91K |
Repayments of term debt | -228.23M | -97.85M | 0 | -49.33M | 0 | -97.12M | 0 |
Cash used in financing activities | 144.35M | 498.86M | 100.20M | 81.65M | 41.79M | 95.57M | 128.38M |
Net Change In Cash | 42.75M | -62.92M | 236.94M | 31.06M | -94.28M | 61.63M | 23.00M |
Cash at end of period | 305.78M | 263.03M | 325.95M | 89.01M | 57.94M | 152.23M | 23.00M |
| Data source | Data source | Data source | Data source |