Grand River Commerce, Inc. (GNRV)

Grand River Commerce Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	0.64	-0.52	-7.3	-2.17	3.32
Depreciation & Amortization	0.77	0.83	0.95	0.53	0.27
Other Amortization	0.16	0.16	0.07	0.03	0.03
Gain (Loss) on Sale of Investments	0.03	0.04	0.04	0.04	0.04
Provision for Credit Losses	-0.27	-0.38	-0.05	1.06	0.16
Net Decrease (Increase) in Loans Originated / Sold - Operating	0.06	4.53	-0.91	1.28	9.29
Accrued Interest Receivable	0.06	0.07	-0.43	-0.78	-2.23
Change in Other Net Operating Assets	0.42	0.43	0.45	0.05	-
Other Operating Activities	0.09	-0.11	-1.98	-0.6	-
Net Cash from Discontinued Operations	-	0.02	0.26	-	-
Operating Cash Flow	1.19	2.34	-10.88	-1.38	10.47
Operating Cash Flow Growth	-49.25%	-	-	-	691.08%
Capital Expenditures	-0.08	-0.03	-0	-0.67	-1.46
Sale of Property, Plant and Equipment	0	-	-	-	-
Investment in Securities	-3.58	1.28	1.44	0.38	-11.04
Net Decrease (Increase) in Loans Originated / Sold - Investing	34.3	20.54	-39.37	-79.08	-19
Other Investing Activities	-0.41	-0.5	-1.37	-0.3	-
Investing Cash Flow	30.23	21.29	-39.3	-79.67	-31.5
Long-Term Debt Issued	102.5	18	37.25	10	-
Total Debt Issued	102.5	18	37.25	10	-
Long-Term Debt Repaid	-120.5	-17	-10	-	-12.83
Total Debt Repaid	-120.5	-17	-10	-	-12.83
Net Debt Issued (Repaid)	-18	1	27.25	10	-12.83
Issuance of Common Stock	-	-	-	1.29	0.06
Net Increase (Decrease) in Deposit Accounts	9.68	-23.19	-3.36	33.82	45
Financing Cash Flow	-8.32	-22.19	23.89	45.11	32.23
Net Cash Flow	23.1	1.43	-26.29	-35.94	11.19
Free Cash Flow	1.11	2.31	-10.88	-2.05	9.01
Free Cash Flow Growth	-52.05%	-	-	-	1854.01%
Free Cash Flow Margin	8.22%	17.04%	-82.10%	-13.79%	54.34%
Free Cash Flow Per Share	0.16	0.33	-1.55	-0.29	1.27
Cash Interest Paid	14.23	16.46	12.72	3.88	2.58

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