TowneBank 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	169.53	161.36	153.21	188.99	215.38
Depreciation & Amortization	40.23	35.07	34.22	28.7	28.8
Other Amortization	0.67	0.62	0.62	0.86	0.6
Gain (Loss) on Sale of Assets	0.04	-0.65	-2.3	-0.6	-0.27
Gain (Loss) on Sale of Investments	-3.62	3.61	-2.33	12.17	9.51
Provision for Credit Losses	23.94	-0.55	18.68	8.61	-16.77
Net Decrease (Increase) in Loans Originated / Sold - Operating	121.87	18.75	9.45	332.18	377.16
Accrued Interest Receivable	-8.12	1.79	-8.49	-14.02	3.02
Change in Other Net Operating Assets	2.88	3.45	-1.45	-77.51	91.21
Other Operating Activities	-24.13	-22.06	-9.33	5.61	2.53
Operating Cash Flow	261.47	137.72	159.2	415.51	518.82
Operating Cash Flow Growth	89.86%	-13.49%	-61.69%	-19.91%	305.69%
Capital Expenditures	-49.8	-56.63	-42.03	-52.29	-31.21
Sale of Property, Plant and Equipment	1.66	4.32	1.2	0.78	3.7
Cash Acquisitions	-54.21	-10.08	17.78	-2.42	-26.08
Investment in Securities	54.5	-26.3	-43.71	-711.23	-636.12
Divestitures	-	-	0.79	-	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	-345.98	-136.66	-263.29	-1,293	119.88
Other Investing Activities	6.93	23.21	-4.31	11.42	22.47
Investing Cash Flow	-386.9	-202.13	-333.57	-2,047	-547.36
Short-Term Debt Issued	-	-	141.15	-	-
Long-Term Debt Issued	0.05	3.34	-	246.9	-
Total Debt Issued	0.05	3.34	141.15	246.9	-
Short-Term Debt Repaid	-0.35	-199.14	-	-35.83	-448.79
Long-Term Debt Repaid	-0.77	-0.74	-1.24	-375.75	-25.72
Total Debt Repaid	-1.12	-199.88	-1.24	-411.57	-474.51
Net Debt Issued (Repaid)	-1.07	-196.54	139.91	-164.67	-474.51
Common Dividends Paid	-79.3	-75.02	-71.38	-62.75	-55.29
Total Dividends Paid	-79.3	-75.02	-71.38	-62.75	-55.29
Net Increase (Decrease) in Deposit Accounts	223.4	544.09	84.41	-279.4	2,000
Other Financing Activities	-6.44	3	-3.05	-5.28	-9.77
Financing Cash Flow	136.6	275.53	149.9	-512.1	1,461
Net Cash Flow	11.17	211.12	-24.47	-2,144	1,432
Free Cash Flow	211.67	81.09	117.17	363.22	487.62
Free Cash Flow Growth	161.02%	-30.79%	-67.74%	-25.51%	493.93%
Free Cash Flow Margin	26.07%	11.69%	17.36%	53.55%	69.95%
Free Cash Flow Per Share	2.76	1.08	1.57	5.00	6.72
Cash Interest Paid	281.94	334.25	230.46	55.06	44.4
Cash Income Tax Paid	7.54	1.22	13.45	24.18	51.01

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.