Southside Bancshares 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	88.49	86.69	105.02	113.4
Depreciation & Amortization	10.46	10.58	11.11	11.42
Gain (Loss) on Sale of Assets	0.26	0.28	0.54	0.15
Gain (Loss) on Sale of Investments	10.65	15.44	22.12	18.91
Provision for Credit Losses	3.35	9.15	3.24	-16.96
Net Decrease (Increase) in Loans Originated / Sold - Operating	0.96	-2.13	1.02	2.01
Accrued Interest Receivable	3.77	-1.14	-10.21	-0.44
Change in Other Net Operating Assets	-19.29	-47.69	89.23	21.81
Other Operating Activities	-1.2	-2.7	-0.09	5.87
Operating Cash Flow	101.85	79.86	226.52	156.1
Operating Cash Flow Growth	27.53%	-64.74%	45.11%	72.45%
Capital Expenditures	-11.16	-6.9	-9.3	-8.37
Sale of Property, Plant and Equipment	0.02	0.43	1.37	1.86
Investment in Securities	-224.04	69.26	-129.39	-198.42
Net Decrease (Increase) in Loans Originated / Sold - Investing	-138.09	-388.3	-503.65	11.89
Other Investing Activities	-9.86	-1.76	5.97	-1.79
Investing Cash Flow	-382.86	-327.07	-634.78	-194.01
Long-Term Debt Issued	8,144	2,308	3,519	14,998
Long-Term Debt Repaid	-8,060	-1,964	-3,512	-15,587
Total Debt Repaid	-8,060	-1,964	-3,512	-15,587
Net Debt Issued (Repaid)	84.08	343.59	7.25	-588.55
Issuance of Common Stock	3.78	2.31	2.02	9.03
Repurchase of Common Stock	-2.08	-45.4	-34.21	-34.63
Common Dividends Paid	-43.63	-43.58	-44.94	-42.62
Net Increase (Decrease) in Deposit Accounts	104.51	351.55	475.63	789.97
Financing Cash Flow	146.66	608.47	405.76	131.25
Net Cash Flow	-134.35	361.26	-2.5	93.35
Free Cash Flow	90.69	72.96	217.22	147.74
Free Cash Flow Growth	24.30%	-66.41%	47.03%	86.81%
Free Cash Flow Margin	35.63%	30.19%	86.90%	57.74%
Free Cash Flow Per Share	2.99	2.37	6.74	4.52
Cash Interest Paid	198.65	137.29	39.26	28.69
Cash Income Tax Paid	15.75	15.75	11.95	10.75

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