Citizens 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	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	12.88	12.29	9.44	4.06	5.22
Depreciation & Amortization	0.66	0.62	0.61	0.62	0.61
Gain (Loss) on Sale of Assets	0	0.02	-0	-0.02	-0.18
Gain (Loss) on Sale of Investments	-0.44	-0.47	-0.04	0.33	0.47
Total Asset Writedown	0.01	-	-	-	-
Provision for Credit Losses	3.48	3.68	0.1	0.05	1.71
Change in Other Net Operating Assets	-1.1	2.23	-0.73	3.53	-0.37
Other Operating Activities	-1.06	-1.75	-0.29	0.17	-0.6
Operating Cash Flow	15.17	17.04	9.35	8.97	7.08
Operating Cash Flow Growth	-10.97%	82.15%	4.28%	26.75%	10.52%
Capital Expenditures	-0.33	-0.37	-0.2	-0.22	-0.9
Sale of Property, Plant and Equipment	-	0.03	-	-	0.66
Investment in Securities	-59.63	-18.17	-98.43	-33.06	20.29
Net Decrease (Increase) in Loans Originated / Sold - Investing	-40.48	-38.15	-56.22	2.53	-18.04
Other Investing Activities	-9	-	-	-	-
Investing Cash Flow	-109.43	-56.65	-154.85	-30.56	2
Long-Term Debt Issued	-	-	2.98	-	-
Long-Term Debt Repaid	-0.02	-3.02	-	-1.17	-0.42
Net Debt Issued (Repaid)	-0.02	-3.02	2.98	-1.17	-0.42
Repurchase of Common Stock	-0.46	-7.59	-0.2	-0.23	-1.08
Preferred Stock Issued	-	-	100.7	22	-
Common Dividends Paid	-1.79	-1.49	-0.99	-0.8	-0.69
Preferred Dividends Paid	-1.27	-0.27	-0.23	-0.14	-
Total Dividends Paid	-3.06	-1.76	-1.23	-0.93	-0.69
Net Increase (Decrease) in Deposit Accounts	45.19	-65.41	38.79	71.04	149.02
Financing Cash Flow	41.66	-77.79	141.04	90.71	146.83
Net Cash Flow	-52.6	-117.4	-4.45	69.12	155.91
Free Cash Flow	14.84	16.67	9.15	8.75	6.18
Free Cash Flow Growth	-11.00%	82.22%	4.54%	41.70%	0.30%
Free Cash Flow Margin	41.12%	46.26%	30.33%	42.49%	27.37%
Free Cash Flow Per Share	7.98	8.46	4.49	4.33	3.01
Cash Interest Paid	5.66	1.71	0.6	0.56	1.5
Cash Income Tax Paid	4.59	5.62	2.24	1.47	1.81

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