CULLMAN BANCORP, INC.

CULL ·Financial, Banks - Regional, United States
Financial Statements Cash Flow Statement
Annual Quarterly

Cash Flow Statement

Line Item FY2023 FY2022 FY2021 FY2020
Operating Activities
Net Income $4.0M $4.2M $1.8M $3.5M
Depreciation & Amortization $469.0K $335.0K $473.0K $577.0K
Depreciation $512.0K $468.0K $442.0K $419.0K
Amortization
Stock-Based Compensation $773.0K $556.0K $556.0K $243.0K
Net Cash from Operating Activities $5.9M $5.8M $5.2M $3.4M
Investing Activities
Capital Expenditures $3.6M $1.7M $1.3M $430.0K
Business Acquisitions
Net Cash from Investing Activities $-11.9M $-97.6M $-22.8M $21.7M
Financing Activities
Dividends Paid $886.0K $889.0K $857.0K $831.0K
Stock Repurchases $2.9M $127.0K
Net Cash from Financing Activities $-17.6M $66.5M $19.1M $29.1M
Net Change in Cash
Free Cash Flow $2.2M $4.0M $3.9M $3.0M