LCNB CORP
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $23.1M | $13.5M | $12.6M | $22.1M | $21.0M | $20.1M | $18.9M | $14.8M |
| Depreciation & Amortization | $668.0K | $604.0K | $3.0M | $2.7M | $1.9M | $1.8M | $1.8M | $1.8M |
| Depreciation | $2.2M | $2.1M | $1.9M | $1.9M | $1.9M | $1.8M | — | — |
| Amortization | $1.1M | $1.1M | $532.0K | $478.0K | $1.0M | $1.0M | $1.0M | $922.0K |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $34.4M | $93.2M | $23.4M | $28.7M | $17.8M | $13.7M | $22.0M | $19.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $959.0K | $3.8M | $2.6M | $884.0K | $1.9M | $2.8M | $3.9M | $600.0K |
| Business Acquisitions | $0 | $2.1M | $-1.9M | $0 | — | — | — | — |
| Net Cash from Investing Activities | $52.1M | $61.4M | $-60.4M | $-48.4M | $-175.2M | $-80.1M | $9.1M | $-10.8M |
| Financing Activities | ||||||||
| Dividends Paid | $12.5M | $12.2M | $9.9M | $9.2M | $9.7M | $9.4M | $9.0M | $7.8M |
| Stock Repurchases | — | — | $3.3M | $23.7M | $8.3M | $1.9M | $6.8M | $348.0K |
| Net Cash from Financing Activities | $-100.6M | $-158.6M | $54.1M | $24.2M | $143.8M | $77.3M | $-30.3M | $-14.3M |
| Net Change in Cash | $-14.1M | $-4.0M | $17.0M | $4.6M | $-13.6M | $11.0M | $725.0K | $-5.3M |
| Free Cash Flow | $33.4M | $89.4M | $20.8M | $27.8M | $15.9M | $10.9M | $18.0M | $19.1M |