Summit Bancshares, Inc. (SMAL)

Summit Bancshares Cash Flow Statement

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

Operating Activities

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2014
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2014
Net Income	4.54	5.49	3.4	2.33	2.92
Depreciation & Amortization	0.16	0.16	0.14	0.15	0.09
Gain (Loss) on Sale of Assets	-	-	-	-	-0.21
Provision for Credit Losses	0.6	1.2	0.3	0.45	-
Change in Other Net Operating Assets	0.13	0.03	0.63	1.61	1.18
Other Operating Activities	-0.46	-0.73	-0.29	-0.39	-0.44
Operating Cash Flow	4.96	6.15	4.18	4.15	3.54
Operating Cash Flow Growth	-19.29%	47.18%	0.66%	17.40%	-7.02%

Investing Activities

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2014
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2014
Capital Expenditures	-0.11	-0.06	-0.05	-0.2	-0.02
Investment in Securities	17	-7.21	-23.73	3.47	-9.64
Net Decrease (Increase) in Loans Originated / Sold - Investing	-21.08	12.67	-11.47	22.49	-6.59
Other Investing Activities	0	0.98	-0.98	-0.13	0.08
Investing Cash Flow	-4.18	6.38	-36.23	25.63	-14.64

Financing Activities

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2014
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2014
Repurchase of Common Stock	-	-	-1.11	-	-
Common Dividends Paid	-0.38	-0.47	-0.47	-0.43	-
Net Increase (Decrease) in Deposit Accounts	-26.72	-47.81	-9.5	59.35	23.31
Financing Cash Flow	-28.93	-49.23	-11.07	58.92	23.31

Net Cash Flow

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2014
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2014
Net Cash Flow	-28.15	-36.7	-43.12	88.7	12.21

Free Cash Flow

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2014
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2014
Free Cash Flow	4.86	6.09	4.13	3.95	3.52
Free Cash Flow Growth	-20.24%	47.43%	4.61%	12.35%	-6.91%
Free Cash Flow Margin	31.16%	37.05%	31.21%	32.59%	32.94%
Free Cash Flow Per Share	4.18	5.24	3.52	3.31	2.70

Additional Metrics

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2014
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2014
Cash Interest Paid	2.3	1.27	0.59	0.51	0.44
Cash Income Tax Paid	2.26	3.44	0.83	1.3	1.34

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2003

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 26, 2026

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