CITIZENS FINANCIAL SERVICES, INC.
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $5.3M | $7.0M | $7.5M | $7.5M | $-4.1M | $6.9M | $7.9M | $7.5M |
| Depreciation & Amortization | $459.0K | $499.0K | $498.0K | $492.0K | $266.0K | $264.0K | $260.0K | $254.0K |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $221.0K | $229.0K | $227.0K | $237.0K | $106.0K | $104.0K | $107.0K | $114.0K |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $3.0M | $13.5M | $16.2M | $7.4M | $-7.5M | $10.4M | $8.9M | $9.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $127.0K | $99.0K | $309.0K | $382.0K | $1.7M | $208.0K | $484.0K | $252.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-13.0M | $23.1M | $3.7M | $-72.9M | $123.5M | $5.2M | $22.2M | $-143.3M |
| Financing Activities | ||||||||
| Dividends Paid | $2.3M | $2.3M | $2.3M | $2.3M | $2.0M | $1.9M | $1.9M | $1.9M |
| Stock Repurchases | $36.0K | $45.0K | $1.0K | $264.0K | $0 | $0 | $0 | $0 |
| Net Cash from Financing Activities | $18.8M | $-59.8M | $-10.4M | $64.1M | $-97.4M | $-15.7M | $-28.1M | $136.5M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $2.9M | $13.4M | $15.9M | $7.0M | $-9.2M | $10.2M | $8.4M | $9.0M |