Citizens Bancshares Corporation (CZBS)

Citizens Bancshares Cash Flow Statement

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

Fiscal Year	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Net Income	9.44	4.06	5.22	3.75	3.95
Depreciation & Amortization	0.61	0.62	0.61	0.66	1.22
Gain (Loss) on Sale of Assets	-0	-0.02	-0.18	-0.03	-0.01
Gain (Loss) on Sale of Investments	-0.04	0.33	0.47	0.37	-
Provision for Credit Losses	0.1	0.05	1.71	0.17	-
Change in Other Net Operating Assets	-0.73	3.53	-0.37	1.51	0.76
Other Operating Activities	-0.29	0.17	-0.6	-0.24	0.81
Operating Cash Flow	9.35	8.97	7.08	6.4	6.99
Operating Cash Flow Growth	4.28%	26.75%	10.52%	-8.43%	91.57%
Capital Expenditures	-0.2	-0.22	-0.9	-0.25	-0.57
Sale of Property, Plant and Equipment	-	-	0.66	-	-
Investment in Securities	-98.43	-33.06	20.29	13.68	8.88
Net Decrease (Increase) in Loans Originated / Sold - Investing	-56.22	2.53	-18.04	-8.93	-14.23
Investing Cash Flow	-154.85	-30.56	2	4.96	-5.76
Long-Term Debt Issued	2.98	-	-	-	2.98
Long-Term Debt Repaid	-	-1.17	-0.42	-13.17	-0.2
Net Debt Issued (Repaid)	2.98	-1.17	-0.42	-13.17	2.78
Repurchase of Common Stock	-0.2	-0.23	-1.08	-0.83	-0.08
Preferred Stock Issued	100.7	22	-	-	-
Common Dividends Paid	-0.99	-0.8	-0.69	-0.63	-0.53
Preferred Dividends Paid	-0.23	-0.14	-	-	-
Total Dividends Paid	-1.23	-0.93	-0.69	-0.63	-0.53
Net Increase (Decrease) in Deposit Accounts	38.79	71.04	149.02	13.72	-24.62
Financing Cash Flow	141.04	90.71	146.83	-1.33	-22.45
Net Cash Flow	-4.45	69.12	155.91	10.03	-21.22
Free Cash Flow	9.15	8.75	6.18	6.16	6.43
Free Cash Flow Growth	4.54%	41.70%	0.30%	-4.15%	350.12%
Free Cash Flow Margin	30.33%	42.49%	27.37%	30.53%	31.84%
Free Cash Flow Per Share	4.49	4.33	3.01	2.75	3.06
Cash Interest Paid	0.6	0.56	1.5	1.71	0.99
Cash Income Tax Paid	2.24	1.47	1.81	-0.29	0.14

Updated Mar 31, 2017. Source: S&P Global Market Intelligence. Banks template. Financial Sources.