Alerus Financial Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	17.78	11.7	40.01	52.68
Depreciation & Amortization	9.84	8.53	8.47	8.87
Gain (Loss) on Sale of Assets	-3.94	-2.75	-0.6	-0.91
Gain (Loss) on Sale of Investments	1.37	27.06	5.39	12.08
Provision for Credit Losses	18.14	2.06	-	-3.5
Net Decrease (Increase) in Loans Originated / Sold - Operating	4.89	5.42	48.54	123.95
Accrued Interest Receivable	-1.35	-2.83	-3.24	1.13
Change in Other Net Operating Assets	-10.2	-13.4	14.26	-1.44
Other Operating Activities	-0.23	-1.2	-0.15	1.94
Operating Cash Flow	28.96	28.88	102.97	149.83
Operating Cash Flow Growth	0.26%	-71.95%	-31.28%	-
Capital Expenditures	-12.37	-3.17	-1.79	-1.71
Sale of Property, Plant and Equipment	7.46	-	-	-
Cash Acquisitions	8.61	-	101.51	-
Investment in Securities	106.87	259.97	38.43	-636.87
Net Decrease (Increase) in Loans Originated / Sold - Investing	-441.69	-314.62	-416.15	221.01
Other Investing Activities	1.08	5.83	-14.62	-0.09
Investing Cash Flow	-330.03	-51.99	-292.62	-417.66
Short-Term Debt Issued	-	-	378.08	-
Long-Term Debt Issued	-	-	-	50
Total Debt Issued	-	-	378.08	50
Short-Term Debt Repaid	-76.81	-63.91	-	-
Long-Term Debt Repaid	-	-	-0.2	-49.92
Total Debt Repaid	-76.81	-63.91	-0.2	-49.92
Net Debt Issued (Repaid)	-76.81	-63.91	377.88	0.08
Repurchase of Common Stock	-0.28	-6.64	-0.74	-0.71
Common Dividends Paid	-15.45	-14.82	-12.8	-10.75
Total Dividends Paid	-15.45	-14.82	-12.8	-10.75
Net Increase (Decrease) in Deposit Accounts	324.95	180.13	-358.75	348.56
Financing Cash Flow	232.42	94.76	5.59	337.18
Net Cash Flow	-68.65	71.65	-184.07	69.35
Free Cash Flow	16.59	25.71	101.18	148.13
Free Cash Flow Growth	-35.48%	-74.59%	-31.70%	-
Free Cash Flow Margin	8.14%	15.49%	47.96%	62.24%
Free Cash Flow Per Share	0.78	1.28	5.36	8.47
Cash Interest Paid	110.02	72.64	15.1	4.54
Cash Income Tax Paid	0.45	10.84	12.53	13.12

Source: S&P Global Market Intelligence. Banks template. Financial Sources.