SBNC Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	68.28	157.82	148.39	29.92	93.55
Depreciation & Amortization	5.5	5.88	5.9	6.04	7.38
Other Amortization	0.28	0.1	0.23	0.12	0.06
Gain (Loss) on Sale of Assets	0.15	0.08	1.2	-0.05	0.02
Gain (Loss) on Sale of Investments	-5.95	-145.87	-135.61	19.32	-50.02
Provision for Credit Losses	2.13	0.79	-0.16	6.28	-0.82
Net Decrease (Increase) in Loans Originated / Sold - Operating	1.12	-8.16	-0.39	13.7	7.91
Accrued Interest Receivable	-1.22	-1.02	-2.09	-2.65	0.18
Change in Other Net Operating Assets	0.8	-0.11	1.05	2.84	-0.73
Other Operating Activities	-0.77	28.97	23.39	-10.24	3.35
Operating Cash Flow	70.15	38.06	41.42	63.72	55.95
Operating Cash Flow Growth	84.32%	-8.12%	-34.99%	13.89%	89.01%
Capital Expenditures	-1.75	-4.34	-2.79	-3.61	-7.4
Sale of Property, Plant and Equipment	2.74	0.05	0.95	0.17	0.39
Investment in Securities	32.73	75.1	115.58	-35.07	-674.16
Net Decrease (Increase) in Loans Originated / Sold - Investing	-166.81	-138.97	-255.96	-406.3	-134.71
Other Investing Activities	6	3.92	-6.06	-6.94	0.78
Investing Cash Flow	-127.1	-64.25	-148.15	-451.31	-814.64
Short-Term Debt Issued	-	-	17.43	144.39	8.41
Long-Term Debt Issued	-	-	60	-	88.82
Total Debt Issued	-	-	77.43	144.39	97.22
Short-Term Debt Repaid	-138.25	-93	-	-	-
Long-Term Debt Repaid	-	-	-7.82	-	-23.71
Total Debt Repaid	-138.25	-93	-7.82	-	-23.71
Net Debt Issued (Repaid)	-138.25	-93	69.62	144.39	73.51
Issuance of Common Stock	0.25	0.15	-	-	-
Repurchase of Common Stock	-6.18	-5.24	-6.69	-7.06	-3.73
Common Dividends Paid	-1.89	-1.91	-1.94	-1.96	-1.6
Preferred Dividends Paid	-0.25	-0.26	-0.26	-0.27	-0.27
Total Dividends Paid	-2.14	-2.16	-2.2	-2.23	-1.87
Net Increase (Decrease) in Deposit Accounts	194.36	306.16	11.78	206.8	603.38
Financing Cash Flow	48.05	205.91	72.51	341.9	671.29
Net Cash Flow	-8.91	179.72	-34.22	-45.68	-87.4
Free Cash Flow	68.39	33.71	38.63	60.11	48.55
Free Cash Flow Growth	102.87%	-12.72%	-35.74%	23.80%	89.47%
Free Cash Flow Margin	34.79%	11.10%	13.53%	44.55%	23.85%
Free Cash Flow Per Share	906.23	441.65	497.33	765.56	608.26
Cash Interest Paid	62.73	73.27	56.22	11.74	4.98
Cash Income Tax Paid	16.68	8.71	8.46	11.51	12.71

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