First United Corporation
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $5.3M | $7.3M | $13.0M | $5.6M | $6.5M | $4.7M | $3.6M | $-10.2M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $1.9M | $1.7M | $1.8M | $1.9M | $2.0M | $2.0M | $2.3M | $2.5M |
| Amortization | — | — | — | — | — | $0 | $268.0K | $730.0K |
| Stock-Based Compensation | $192.0K | $192.0K | $191.0K | $134.0K | $88.0K | $73.0K | $78.0K | $70.0K |
| Net Cash from Operating Activities | $12.9M | $11.5M | $22.2M | $3.9M | $18.7M | $15.2M | $63.0M | $141.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $6.6M | $3.9M | $1.4M | $720.0K | $941.0K | $1.3M | $236.0K | $3.9M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-7.7M | $11.9M | $18.8M | $-2.4M | $-63.6M | $75.6M | $14.9M | $8.0M |
| Financing Activities | ||||||||
| Dividends Paid | $1.2M | $2.0M | $2.7M | $9.1M | $0 | — | — | $800.0K |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $15.2M | $-12.2M | $-24.3M | $-9.1M | $4.9M | $-72.8M | $-312.2M | $-40.3M |
| Net Change in Cash | $20.4M | $11.2M | $16.7M | $-7.6M | $-40.0M | $18.0M | $-234.2M | $109.6M |
| Free Cash Flow | $6.4M | $7.6M | $20.8M | $3.2M | $17.7M | $13.9M | $62.8M | $138.1M |