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Towne Bank (TOWN)

Towne Bank (TOWN)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NASDAQ]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  06-2023 03-2023 12-2022 09-2022 06-2022
Cash Flows From Operating Activities
Net Income 81,846 38,478 190,469 143,974 93,304
Depreciation Amortization 21,113 10,323 41,733 31,492 21,185
Income taxes - deferred 2,226 351 10,365 561 569
Other Working Capital -97,752 -85,290 165,949 162,222 140,499
Loans -127,163 -54,822 255,964 193,279 146,587
Other Operating Activity 133,374 70,112 -248,975 -194,116 -151,216
Operating Cash Flow $13,644 $-20,848 $415,505 $337,412 $250,928
Cash Flows From Investing Activities
PPE Investments -22,407 -12,715 -51,502 -37,502 -27,570
Net Acquisitions 17,776 17,776 -2,418 N/A N/A
Purchase Of Investment -51,087 -321 -890,252 -865,928 -762,624
Sale Of Investment 33,677 -17,512 182,549 127,369 97,167
Net Loans -139,898 -104,734 -1,293,484 -1,054,547 -920,294
Other Investing Activity 2,849 1,308 7,894 7,226 5,739
Investing Cash Flow $-159,090 $-116,198 $-2,047,213 $-1,823,382 $-1,607,582
Cash Flows From Financing Activities
Change In Short Term Borrowing 708,224 454,464 -35,825 -33,577 -3,820
Debt Issued N/A N/A 246,904 N/A 246,904
Debt Repayment -878 -235 -125,747 -125,572 -125,398
Dividend Paid -33,976 -16,798 -62,750 -46,030 -29,313
Other Financing Activity -2,351 -13 -255,277 -4,704 -1,219
Financing Cash Flow $628,885 $226,754 $-512,098 $-371,447 $509,639
Beginning Cash Position 1,152,830 1,152,830 3,296,636 3,296,636 3,296,636
End Cash Position 1,636,269 1,242,538 1,152,830 1,439,219 2,449,621
Net Cash Flow $483,439 $89,708 $-2,143,806 $-1,857,417 $-847,015
Free Cash Flow
Operating Cash Flow 13,644 -20,848 415,505 337,412 250,928
Capital Expenditure -23,303 -12,992 -52,286 -38,089 -27,906
Free Cash Flow -9,659 -33,840 363,219 299,323 223,022
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