Citizens Bancshares Corporation (CITZ)

Citizens Bancshares Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023
Period Ending	Dec 31, 2024	Dec 31, 2023
Net Income	10.26	11.17
Depreciation & Amortization	1.95	1.95
Gain (Loss) on Sale of Investments	-0	-0.12
Total Asset Writedown	-	0.1
Provision for Credit Losses	-0.4	-0.72
Net Decrease (Increase) in Loans Originated / Sold - Operating	0.07	0.11
Accrued Interest Receivable	-0.42	-0.53
Change in Other Net Operating Assets	-1.38	-0.09
Other Operating Activities	0.06	0.06
Operating Cash Flow	10.59	12.27
Operating Cash Flow Growth	-13.71%	-
Capital Expenditures	-1.83	-0.34
Sale of Property, Plant and Equipment	0.07	1.57
Investment in Securities	-24.97	-3.09
Net Decrease (Increase) in Loans Originated / Sold - Investing	-31.8	-27.15
Other Investing Activities	-0.71	0.66
Investing Cash Flow	-59.24	-28.35
Short-Term Debt Repaid	-0.91	-2.5
Long-Term Debt Repaid	-	-3.09
Total Debt Repaid	-0.91	-5.59
Net Debt Issued (Repaid)	-0.91	-5.59
Issuance of Common Stock	-	0.01
Repurchase of Common Stock	-0.65	-
Common Dividends Paid	-0.82	-0.79
Net Increase (Decrease) in Deposit Accounts	63.55	-43.83
Financing Cash Flow	61.17	-50.2
Net Cash Flow	13.52	-66.28
Free Cash Flow	8.76	11.93
Free Cash Flow Growth	-26.55%	-
Free Cash Flow Margin	20.44%	27.65%
Free Cash Flow Per Share	4.30	5.85
Cash Interest Paid	13.82	9.18
Cash Income Tax Paid	2.51	3.23

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