Washington Business Bank (WBZB)

Washington Business Bank Cash Flow Statement

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

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	1.57	1.17	1.42	1.35	1.07
Depreciation & Amortization	0.07	0.08	0.07	0.07	0.08
Gain (Loss) on Sale of Assets	-	-	-0.01	-	-
Provision for Credit Losses	0.02	-	-	0.03	0.02
Accrued Interest Receivable	-0.06	0.01	0.05	-0.07	-0
Change in Other Net Operating Assets	-0.07	0.13	0.09	-0.12	0.09
Other Operating Activities	-0.03	-0.09	0.07	0.12	-
Operating Cash Flow	1.65	1.36	1.74	1.45	1.27
Operating Cash Flow Growth	20.82%	-21.74%	20.54%	13.59%	31.78%
Capital Expenditures	-0.03	-0.04	-0.03	-0.06	-0.05
Investment in Securities	-5.26	9.37	-1.21	-1.03	-4.87
Net Decrease (Increase) in Loans Originated / Sold - Investing	-8.63	-1.28	13.1	-15.68	-3.42
Other Investing Activities	-0.2	0.08	0.02	-0.04	-0.01
Investing Cash Flow	-14.12	8.13	11.97	-16.8	-8.35
Long-Term Debt Issued	6.7	-	-	8.43	2.01
Total Debt Issued	6.7	-	-	8.43	2.01
Long-Term Debt Repaid	-1	-2	-8.44	-	-2
Total Debt Repaid	-1	-2	-8.44	-	-2
Net Debt Issued (Repaid)	5.7	-2	-8.44	8.43	0.01
Issuance of Common Stock	0.17	0.14	0.3	0.14	0.2
Repurchase of Common Stock	-0.31	-0.04	-0.37	-0.5	-0.4
Net Increase (Decrease) in Deposit Accounts	2.56	-12.81	7.14	7.72	3.01
Financing Cash Flow	8.12	-14.71	-1.37	15.79	2.82
Net Cash Flow	-4.35	-5.22	12.33	0.43	-4.26
Free Cash Flow	1.62	1.33	1.71	1.39	1.22
Free Cash Flow Growth	21.84%	-22.43%	23.25%	13.67%	27.96%
Free Cash Flow Margin	33.36%	30.38%	39.94%	34.64%	32.47%
Free Cash Flow Per Share	2.17	1.79	2.32	1.91	1.63
Cash Interest Paid	1.08	0.28	0.41	0.75	1.07
Cash Income Tax Paid	0.48	0.26	0.26	0.38	0.29

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