Citizens Bancorp (CZBC)

Citizens Bancorp Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	3.37	6.15	9.1	10.32	4.1
Depreciation & Amortization	0.62	0.52	0.52	0.59	0.56
Gain (Loss) on Sale of Assets	-	-	-0.12	0.02	0.02
Gain (Loss) on Sale of Investments	3.66	4.07	5.25	4.67	1.63
Provision for Credit Losses	0.48	0.01	-2.53	-4.5	6.86
Net Decrease (Increase) in Loans Originated / Sold - Operating	-	-	0	1.47	0.06
Accrued Interest Receivable	0.45	-0.53	-0.07	-0.15	-0.12
Other Operating Activities	-5.71	2.98	1.41	0.6	-1.01
Operating Cash Flow	2.86	13.2	13.56	12.55	11.53
Operating Cash Flow Growth	-78.32%	-2.68%	8.10%	8.81%	8.15%
Capital Expenditures	-0.71	-1.44	-0.49	-0.46	-0.47
Investment in Securities	65.02	78.04	22.87	-254.69	-24.29
Net Decrease (Increase) in Loans Originated / Sold - Investing	30.2	-27.7	-17.39	79.47	-25.82
Other Investing Activities	0.02	0.65	-0.1	-0.23	-1.52
Investing Cash Flow	94.54	49.56	5.74	-175.91	-52.09
Long-Term Debt Issued	100	201.14	0.35	1.37	11.72
Long-Term Debt Repaid	-264.19	-50.94	-15.8	-	-
Net Debt Issued (Repaid)	-164.19	150.2	-15.45	1.37	11.72
Repurchase of Common Stock	-0.38	-1.18	-	-0.27	-
Preferred Share Repurchases	-	-	-	-0.17	-0.55
Common Dividends Paid	-1.42	-2.14	-2.72	-1.42	-2.27
Total Dividends Paid	-1.42	-2.14	-2.72	-1.42	-2.27
Net Increase (Decrease) in Deposit Accounts	-45.33	-203.2	39.28	83.1	175.59
Financing Cash Flow	-211.32	-56.33	21.11	82.61	184.49
Net Cash Flow	-113.92	6.44	40.42	-80.75	143.92
Free Cash Flow	2.15	11.76	13.07	12.09	11.06
Free Cash Flow Growth	-81.70%	-10.01%	8.17%	9.25%	16.39%
Free Cash Flow Margin	7.17%	35.67%	37.28%	35.13%	46.98%
Free Cash Flow Per Share	0.38	2.09	2.31	2.15	1.98
Cash Interest Paid	13.39	2.2	0.47	0.46	0.54
Cash Income Tax Paid	0.39	1.2	1.78	1.94	1.82

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.