← CITIZENS FINANCIAL SERVICES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $12.6m |
$13.0m
+3.06%
|
$18.0m
+38.46%
|
$19.5m
+8.07%
|
$25.1m
+28.80%
|
$29.1m
+15.99%
|
$29.1m
-0.20%
|
$17.8m
-38.71%
|
$27.8m
+56.18%
|
$36.6m
+31.47%
|
— | |
| Depreciation, Amortization and Accretion, Net | $320k | $200k | $387k | $498k | ($2.8m) | $1.1m | $1.0m | $1.5m | $1.8m | $2.1m | $2.1m | |
| Amortization of Intangible Assets | $500k | $474k | $480k | $440k | $395k | $457k | $461k | $674k | $861k | $744k | — | |
| Depreciation | $763k | $776k | $751k | $784k | $921k | $922k | $877k | $1.1m | $1.2m | $1.6m | $2.1m | |
| Amortization Of Securities | — | — | — | — | — | — | $1.9m | $1.6m | $1.4m | $618k | $145k | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $1.0m | $1.5m | $1.8m | $2.1m | $2.1m | |
| Deferred Income Tax Expense (Benefit) | $362k | $1.4m | ($435k) | $317k | $367k | $689k | ($36k) | $595k | $1.8m | $797k | $432k | |
| Deferred Tax | — | — | — | — | — | — | ($36k) | $595k | $1.8m | $797k | $432k | |
| Share-based Payment Arrangement, Noncash Expense | $284k | $278k | $308k | $369k | $473k | $614k | $336k | $309k | $412k | $625k | $625k | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | — | — | $0 | — | |
| Change In Working Capital | — | — | — | — | — | — | ($1.6m) | $696k | $1.1m | ($2.0m) | $298k | |
| Change In Receivables | — | — | — | — | — | — | ($2.1m) | ($1.5m) | $736k | ($391k) | ($319k) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($2.1m) | ($1.5m) | $736k | ($391k) | ($319k) | |
| Net Cash Provided by (Used in) Operating Activities | $16.2m |
$15.7m
-2.81%
|
$21.5m
+36.51%
|
$21.8m
+1.31%
|
$11.8m
-45.69%
|
$38.7m
+227.30%
|
$33.2m
-14.09%
|
$26.5m
-20.17%
|
$33.2m
+25.04%
|
$36.5m
+10.10%
|
$37.5m
+2.74%
|
|
| Cash flows from investing activities: | ||||||||||||
| Equipment Expense | $644k | $603k | $536k | $674k | $757k | $519k | $565k | $822k | $1.0m | $1.2m | — | |
| Capital Expenditure | — | — | — | — | — | — | ($1.6m) | ($2.6m) | ($1.3m) | ($1.3m) | ($628k) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $67.8m | $60.1m | $54.0m | $62.6m | $70.0m | $55.5m | $33.6m | $27.0m | $62.9m | $78.8m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | — | — | — | $0 | $0 | $0 | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $4.4m | $0 | $0 | ($1.0m) | $0 | $0 | ($4.9m) | $0 | $0 | $0 | |
| Net Other Investing Changes | — | — | — | — | — | — | $1.1m | $1.4m | $1.8m | $510k | ($21.5m) | |
| Net Cash Provided by (Used in) Investing Activities | ($70.1m) | ($105.4m) | ($72.4m) | ($32.3m) | ($110.7m) | ($158.2m) | ($362.5m) | $59.5m | ($69.1m) | ($40.1m) | ($219.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $534k | $2.0m | $1.0m | $3.1m | $15.0m | $26.8m | $4.7m | $0 | $35.0m | $42.0m | ($42.0m) | |
| Debt and Equity Securities, Gain (Loss) | — | — | ($19k) | $144k | ($41k) | $339k | ($247k) | ($144k) | $145k | $67k | — | |
| Proceeds from Issuance of Long-term Debt | $543k | $9k | $10k | $10.0m | $20.0m | $9.9m | $0 | $40.0m | $0 | $0 | $0 | |
| Issuance Of Debt | — | — | — | — | — | — | $0 | $40.0m | $0 | $0 | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $40.0m | $0 | $0 | $0 | |
| Long Term Debt Payments | — | — | — | — | — | — | ($4.7m) | $0 | ($35.0m) | ($42.0m) | ($42.0m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $183.3m | $5.4m | ($25.7m) | $10.7m | $80.3m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($4.7m) | $40.0m | ($35.0m) | ($42.0m) | ($42.0m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $188.0m | ($34.6m) | $9.3m | $52.7m | $122.3m | |
| Repayment Of Debt | — | — | — | — | — | — | ($4.7m) | $0 | ($35.0m) | ($42.0m) | ($42.0m) | |
| Payments for Repurchase of Common Stock | $3.2m | $979k | $1.2m | $1.3m | $2.1m | $1.4m | $1.3m | $265k | $202k | $358k | — | |
| Payments of Ordinary Dividends, Common Stock | $5.1m | $5.2m | $6.1m | $6.3m | $6.5m | $7.4m | $7.6m | $8.5m | $9.3m | $9.5m | ($9.7m) | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | — | $0 | $0 | $16k | $68k | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($7.6m) | ($8.5m) | ($9.3m) | ($9.5m) | ($9.7m) | |
| Common Stock Issuance | — | — | — | — | — | — | $112k | $34k | $0 | $0 | $0 | |
| Common Stock Payments | — | — | — | — | — | — | ($1.3m) | ($265k) | ($266k) | ($545k) | ($554k) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $112k | $34k | $0 | $0 | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($1.2m) | ($231k) | ($266k) | ($545k) | ($554k) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($1.3m) | ($265k) | ($266k) | ($545k) | ($554k) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($7.6m) | ($8.5m) | ($9.3m) | ($9.5m) | ($9.7m) | |
| Net Cash Provided by (Used in) Financing Activities | $47.3m |
$90.4m
+91.41%
|
$49.1m
-45.67%
|
$12.3m
-75.01%
|
$149.1m
+1114.26%
|
$223.7m
+50.01%
|
$182.6m
-18.36%
|
($59.4m)
-132.53%
|
$25.3m
+142.55%
|
($4.4m)
-117.29%
|
$172.0m
+4037.42%
|
|
| Beginning Cash Position | — | — | — | — | — | — | $172.8m | $26.2m | $52.8m | $42.2m | $49.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $18.5m | $68.7m | $172.8m | $26.2m | $52.8m | $42.2m | $34.3m | $39.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | — | — | — | — | — | — | — | $5.5m | $2.6m | $2.4m | $2.0m | |
| Bank Owned Life Insurance Income | $688k | $660k | $622k | $623k | $695k | $1.8m | $852k | $1.3m | $1.7m | $1.4m | — | |
| Parent Company | $5.1m | $5.2m | $6.1m | $6.3m | $6.5m | $7.4m | $7.6m | $8.5m | $9.3m | $9.5m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $5.7m | $9.4m | $12.0m | $8.2m | $7.4m | $10.7m | $44.7m | $67.5m | $62.7m | — | |
| Income Taxes Paid, Net | $2.5m | $4.5m | $3.0m | $3.3m | $4.8m | $5.5m | $6.6m | $5.1m | $2.5m | $6.6m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | $120k | ($109k) | $339k | ($251k) | ($158k) | $145k | $67k | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | $0 | $68k | $0 | ($4k) | ($14k) | ($4k) | $0 | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | $120k | ($41k) | $339k | ($247k) | ($144k) | $149k | $67k | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | — | — | $1.1m | $0 | — | |
| Gain (Loss) on Sale of Mortgage Loans | $449k | $578k | $382k | $473k | $2.2m | $1.3m | $258k | $1.5m | $2.3m | $2.3m | — | |
| Goodwill | $21.1m | $23.3m | $23.3m | $23.3m | $31.4m | $31.4m | $31.4m | $85.8m | $85.8m | $85.8m | — | |
| Income Tax Expense (Benefit) | $3.0m | $6.0m | $3.4m | $3.8m | $5.3m | $6.2m | $6.4m | $3.7m | $5.9m | $8.7m | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | — | — | $5.5m | $3.2m | $1.9m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $182.6m | ($59.4m) | $25.3m | ($4.4m) | $172.0m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($362.5m) | $59.5m | ($69.1m) | ($40.1m) | ($219.6m) | |
| Change In Account Payable | — | — | — | — | — | — | $521k | $2.2m | $395k | ($1.6m) | $617k | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($146.6m) | $26.6m | ($10.6m) | ($7.9m) | — | |
| Change In Payable | — | — | — | — | — | — | $521k | $2.2m | $395k | ($1.6m) | $617k | |
| Changes In Cash | — | — | — | — | — | — | ($146.6m) | $26.6m | ($10.6m) | ($7.9m) | ($10.1m) | |
| End Cash Position | — | — | — | — | — | — | $26.2m | $52.8m | $42.2m | $34.3m | $39.4m | |
| Financing Cash Flow | — | — | — | — | — | — | $182.6m |
($59.4m)
-132.53%
|
$25.3m
+142.55%
|
($4.4m)
-117.29%
|
$172.0m
+4037.42%
|
|
| Free Cash Flow | — | — | — | — | — | — | $31.6m | $23.9m | $31.9m | $35.2m | $36.9m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $261k | $195k | ($145k) | ($67k) | ($161k) | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | $0 | $0 | ($1.1m) | $0 | $0 | |
| Investing Cash Flow | — | — | — | — | — | — | ($362.5m) | $59.5m | ($69.1m) | ($40.1m) | ($219.6m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($1.1m) | $3.4m | $7.2m | $0 | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($84.4m) | $99.2m | ($6.8m) | ($5.8m) | ($51.8m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($1.6m) | ($2.6m) | ($1.3m) | ($1.3m) | ($628k) | |
| Operating Gains Losses | — | — | — | — | — | — | $3k | ($1.3m) | ($3.6m) | ($2.4m) | ($2.3m) | |
| Other Non Cash Items | — | — | — | — | — | — | $848k | ($246k) | ($152k) | ($2.2m) | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $0 | $0 | $16k | $68k | $71k | |
| Purchase Of Business | — | — | — | — | — | — | ($1.1m) | ($1.5m) | $0 | $0 | $0 | |
| Purchase Of Investment | — | — | — | — | — | — | ($133.2m) | ($39.4m) | ($98.0m) | ($118.3m) | ($177.6m) | |
| Purchase Of PPE | — | — | — | — | — | — | ($1.6m) | ($2.6m) | ($1.3m) | ($1.3m) | ($628k) | |
| Sale Of Business | — | — | — | — | — | — | $0 | $4.9m | $7.2m | $0 | $0 | |
| Sale Of Investment | — | — | — | — | — | — | $48.8m | $138.6m | $91.3m | $112.4m | $125.8m | |
| Sale Of PPE | — | — | — | — | — | $0 | — | $0 | $0 | $12k | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $336k | $309k | $412k | $625k | $625k |