First Farmers Financial Corporation (FFMR)

First Farmers Financial 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	35.43	46.18	-	36.06	30.44
Depreciation & Amortization	3.99	3.77	-	3.73	4.69
Other Amortization	0.01	0.01	-	0.04	-
Gain (Loss) on Sale of Assets	0.63	0.04	-	0.03	-0.21
Gain (Loss) on Sale of Investments	-0	1.52	-	1.38	0.99
Total Asset Writedown	-	-	-	-	0.1
Provision for Credit Losses	22.4	5.05	-	9.5	10.4
Net Decrease (Increase) in Loans Originated / Sold - Operating	1.55	0.2	-	23.38	-11.96
Accrued Interest Receivable	-1.02	-6.84	-	-2.16	-6.68
Other Operating Activities	-0.94	-0.62	-	2.07	0.15
Operating Cash Flow	61.75	47.57	-	66.95	27.61
Operating Cash Flow Growth	29.82%	-	-	142.51%	-16.29%
Capital Expenditures	-2.98	-4.34	-	-1.53	-2.48
Sale of Property, Plant and Equipment	0.15	-	-	0.2	0.12
Investment in Securities	-44.01	-104.29	-	-34.84	-18.54
Net Decrease (Increase) in Loans Originated / Sold - Investing	-159.81	-191.87	-	-185.14	-131.67
Other Investing Activities	-0.4	-5.95	-	-15.21	-0.41
Investing Cash Flow	-206.93	-306.44	-	-236.22	-150.56
Short-Term Debt Issued	359	2,042	-	-	-
Long-Term Debt Issued	120	35	-	175	384.97
Total Debt Issued	479	2,077	-	175	384.97
Short-Term Debt Repaid	-365.29	-2,071	-	-	-
Long-Term Debt Repaid	-111	-36	-	-303	-349
Total Debt Repaid	-476.29	-2,107	-	-303	-349
Net Debt Issued (Repaid)	2.71	-29.13	-	-128	35.97
Issuance of Common Stock	0.31	0.17	-	0.24	0.11
Repurchase of Common Stock	-1.92	-1.02	-	-3.87	-2.7
Common Dividends Paid	-13.5	-13.07	-	-9.6	-9.09
Net Increase (Decrease) in Deposit Accounts	218.96	261.13	-	340.62	229.45
Financing Cash Flow	206.56	218.08	-	199.39	253.73
Net Cash Flow	61.38	-40.79	-	30.12	130.79
Free Cash Flow	58.78	43.23	-	65.42	25.13
Free Cash Flow Growth	35.97%	-	-	160.32%	-16.64%
Free Cash Flow Margin	56.63%	37.97%	-	69.78%	29.51%
Free Cash Flow Per Share	8.36	6.15	-	9.28	3.54
Cash Interest Paid	81.75	56.81	-	8.16	12.78
Cash Income Tax Paid	5.33	8.83	-	7.45	4.99

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