For the year ending 2025-12-31, CZFS had -$7,911K decrease in cash & cash equivalents over the period. $35,238K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 36,572 |
| Provision for credit losses | 2,375 |
| Depreciation and amortization | 2,104 |
| Amortization and accretion of loans and other assets | 3,810 |
| Amortization and accretion on investment securities | -618 |
| Deferred income taxes | 797 |
| Equity security (gains) losses, net | 67 |
| Available for sale security (gains) losses, net | 0 |
| Earnings on bank owned life insurance | 1,433 |
| Stock awards | 625 |
| Originations of loans held for sale | 153,519 |
| Proceeds from sales of loans held for sale | 155,948 |
| Realized gains on loans sold | 2,290 |
| Realized gains on sale of braavo | 0 |
| (increase) decrease in accrued interest receivable | 391 |
| Increase (decrease) in accrued interest payable | -1,563 |
| Other, net | 568 |
| Net cash provided by operating activities | 36,534 |
| Proceeds from sales of available-for-sale securities | 0 |
| Proceeds from maturity and principal repayments of securities | 78,806 |
| Purchase of securities | 82,406 |
| Proceeds from sale of equity securities | 0 |
| Proceeds from redemption of regulatory stock | 33,638 |
| Purchase of regulatory stock | 35,859 |
| Net increase in loans | 33,481 |
| Purchase of interest bearing time deposits | 0 |
| Proceeds from matured interest bearing time deposits with other banks | 0 |
| Purchase of premises, equipment and software | 1,296 |
| Proceeds from sale of premises and equipment | 12 |
| Proceeds from bank owned life insurance | 272 |
| Investments in low income housing partnerships | 0 |
| Proceeds from sale of foreclosed assets held for sale | 238 |
| Proceeds from sale of braavo assets | 0 |
| Acquisition, net of cash paid | 0 |
| Net cash (used in) provided by investing activities | -40,076 |
| Net (decrease) increase in deposits | -5,049 |
| Proceeds from long-term borrowings | 0 |
| Repayments of long-term borrowings | 42,000 |
| Net increase (decrease) in short-term borrowed funds | 52,705 |
| Purchase of treasury stock | 358 |
| Purchase of restricted stock | 187 |
| Sale of treasury stock | 0 |
| Issuance of common stock for employee stock purchase plan | 68 |
| Dividends paid | 9,548 |
| Net cash (used in) provided by financing activities | -4,369 |
| Net (decrease) increase in cash and cash equivalents | -7,911 |
| Cash and cash equivalents at beginning of year | 42,202 |
| Cash and cash equivalents at end of year | 34,291 |
CITIZENS FINANCIAL SERVICES INC (CZFS)
CITIZENS FINANCIAL SERVICES INC (CZFS)