SFBS Stock Cash Flow Statements

ServisFirst Bancshares Quarterly Cash Flow Statements Chart

Quarterly

Annual

Stock-Based Compensation

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

ServisFirst Bancshares Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2025-03-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-09-30	2017-03-31

operating activities
net income	63,224,000	59,907,000	52,136,000	50,026,000	42,074,000	53,340,000	53,468,000	57,971,000	67,724,000	64,031,000	62,136,000	57,613,000	53,753,000	52,499,000	50,027,000	51,455,000	50,981,000	43,362,000	40,448,000	34,778,000	41,037,000	37,563,000	35,633,000	35,010,000	34,560,000	22,519,000
adjustments to reconcile net income to net cash from operations
deferred tax expense	455,000																				-3,928,000	424,000	1,359,000	1,068,000	-607,000
benefit from credit losses	6,630,000	6,162,000	5,353,000	4,368,000	3,582,000	4,282,000	6,654,000	4,197,000	7,135,000	15,603,000	9,507,000	5,362,000	8,451,000	5,963,000	9,652,000	7,451,000
depreciation	1,223,000	1,456,000	1,140,000	1,099,000	1,195,000	1,099,000	1,071,000	1,071,000	945,000	1,057,000	1,040,000	1,058,000	1,044,000	1,044,000	1,015,000	1,015,000	1,044,000	946,000	921,000	921,000	908,000	929,000	928,000	917,000	869,000	752,000
accretion on acquired loans	51,000	45,000	47,000	49,000	49,000	50,000	49,000	49,000	49,000	38,000							0				1,000	0	0	-91,000	-22,000	-143,000
amortization of investments in tax credit partnerships	2,904,000	2,118,000	1,970,000	2,837,000	5,239,000	2,574,000	3,195,000	3,345,000		2,929,000
net accretion of debt securities	-6,000
increase in accrued interest and dividends receivable	-7,665,000	1,358,000	-1,529,000	-2,226,000	-2,681,000	-6,317,000	317,000	-2,078,000	-8,476,000	-3,389,000					3,218,000	493,000	-234,000	-5,679,000			-839,000	1,212,000	363,000	-2,928,000	-3,380,000	-250,000
stock-based compensation expense	864,000	1,013,000	878,000	958,000	881,000	929,000	982,000	808,000	816,000	804,000	797,000	790,000	545,000	461,000	558,000	291,000	363,000	339,000	353,000	277,000	319,000	293,000	206,000	282,000	202,000	337,000
increase in accrued interest and dividends payable	1,029,000	1,288,000	-1,529,000	-723,000	2,862,000	1,622,000	2,520,000	1,926,000
proceeds from sale of mortgage loans held for sale	39,104,000	59,011,000	51,825,000	37,635,000	35,955,000	40,073,000	35,354,000	16,320,000	12,358,000	20,729,000	8,880,000	8,955,000	12,538,000	49,956,000	81,365,000	90,227,000	90,323,000	89,377,000	68,873,000	36,308,000	45,171,000	44,645,000	29,962,000	15,581,000	25,977,000	32,501,000
originations of mortgage loans held for sale	-40,666,000	-54,938,000	-54,027,000	-39,475,000	-33,903,000	-41,601,000	-36,988,000	-15,922,000	-11,448,000	-18,497,000	-11,314,000	-7,718,000	-12,603,000	-42,964,000	-68,979,000	-88,889,000	-80,226,000	-93,839,000	-74,510,000	-35,672,000	-41,426,000	-42,557,000	-37,098,000	-16,109,000	-25,860,000	-33,526,000
gain on sale of mortgage loans held for sale	-613,000	-1,352,000	-1,380,000	-678,000	-793,000	-824,000	-696,000	-442,000	-514,000	-784,000	-614,000	-526,000	-471,000	-1,423,000	-2,699,000	-2,747,000	-3,050,000	-2,519,000	-2,107,000	-1,071,000	-1,366,000	-1,333,000	-1,087,000	-575,000	-789,000	-899,000
net gain on sale of other real estate owned and repossessed assets	-318,000		0	-95,000	0	33,000							6,000	0	-52,000	334,000	0								-7,000
increase in cash surrender value of life insurance contracts	-2,137,000	-1,614,000	1,173,000	-3,231,000	-1,639,000	-1,818,000	-2,496,000	-1,621,000	-1,600,000	-1,637,000	-1,633,000	-1,608,000	-1,630,000	-1,671,000	-1,683,000	-1,658,000	-1,660,000	-1,733,000	-1,464,000	-1,453,000	-1,419,000	-787,000	-778,000	-762,000	-787,000	-724,000
net change in other assets, liabilities, and other operating activities	-16,125,000	11,748,000	-5,662,000	500,000	33,860,000	-34,826,000	-25,442,000	-10,652,000	3,094,000	-9,807,000	-21,188,000	1,921,000	7,134,000	-2,516,000	-10,341,000	6,462,000	12,748,000	-27,897,000	13,167,000	2,814,000	15,611,000	-7,126,000	-15,190,000	2,550,000	-370,000	3,202,000
net cash from operating activities	47,954,000	84,023,000	48,251,000	53,473,000	91,084,000	12,719,000	38,344,000	55,149,000	73,842,000	72,786,000	56,734,000	69,265,000	70,845,000	66,033,000	62,693,000	66,760,000	73,790,000	12,866,000	52,402,000	52,232,000	61,441,000	41,533,000	19,627,000	41,674,000	38,973,000	29,214,000
investment activities
purchases of debt securities available-for-sale	-114,929,000	0	-443,078,000	-198,269,000	-375,083,000	-212,672,000
proceeds from maturities, calls and paydowns of debt securities available-for-sale	82,077,000	59,102,000	342,735,000	24,724,000	309,875,000	390,320,000
purchases of debt securities held-to-maturity		0	-35,536,000	-9,936,000	0	0
proceeds from maturities, calls and paydowns of debt securities held-to-maturity	13,001,000	38,174,000	135,977,000	124,904,000	61,235,000	13,790,000
purchases of restricted equity securities	-856,000	0	0	-1,074,000	0	-33,732,000	0	-12,750,000	0	0	0	-423,000
investment in tax credit partnerships and sbic	1,201,000	-466,000	-8,775,000	-25,000	-2,000,000	-1,486,000	-5,279,000	-538,000
net increase in loans	-287,124,000
purchases of premises and equipment	-1,469,000	-3,584,000	-1,038,000	-1,077,000	-1,003,000	-960,000	-633,000	-1,314,000	-1,715,000	-655,000	-614,000	-666,000
proceeds from sale of other real estate owned and repossessed assets	2,117,000	1,063,000	90,000	690,000	0	0			1,042,000	149,000	1,047,000	44,000	1,784,000	150,000	177,000	584,000	1,073,000	928,000	398,000	454,000	710,000	679,000	0	48,000	320,000	426,000
net cash from investing activities	-305,982,000	83,051,000	-465,828,000	-283,862,000	-27,541,000	148,346,000	-407,213,000	85,976,000	-380,995,000	-629,898,000	-912,504,000	-718,820,000	-1,081,676,000	-150,125,000	-209,585,000	-119,708,000	39,301,000	-303,506,000	-780,995,000	-365,871,000	-376,527,000	-111,392,000	-332,454,000	-167,976,000	-236,174,000	-290,011,000
financing activities
net increase in non-interest-bearing deposits	27,890,000							-422,611,000	-340,589,000	-1,024,575,000	-202,984,000	89,728,000	433,113,000	1,070,225,000	251,818,000	255,839,000	25,958,000	83,921,000	753,267,000	175,747,000	71,207,000	101,713,000	4,256,000	15,362,000	23,000,000	10,835,000
net increase in interest-bearing deposits	857,712,000	-213,777,000	660,168,000	-506,601,000	109,106,000	1,088,187,000	716,536,000	491,123,000	835,479,000	304,153,000	-433,434,000	-133,809,000	-58,947,000	50,209,000	128,808,000	346,047,000	275,983,000	246,944,000	756,996,000	126,475,000	-264,932,000	217,651,000	316,872,000	152,596,000		-69,614,000
net increase in federal funds purchased	364,598,000			88,604,000					152,476,000	77,155,000	-250,071,000	-72,539,000	425,021,000	227,282,000	147,916,000	60,013,000	182,195,000	33,744,000	91,983,000	72,874,000	100,518,000	-89,218,000	86,071,000	84,653,000		2,297,000
proceeds from exercise of stock options	230,000	236,000	239,000	130,000	273,000	0	168,000	846,000	153,000	217,000	309,000	553,000	315,000	159,000	1,195,000	1,865,000	315,000	728,000	183,000	2,261,000	448,000	573,000	305,000	797,000	465,000	926,000
taxes paid in net settlement of tax obligation upon exercise of stock options	-1,036,000	-95,000	-182,000	-133,000	-137,000	0	-122,000	-1,716,000	-14,000	-189,000	-327,000	-613,000	-111,000	-99,000	-928,000	-1,710,000	-102,000	-224,000	0	-403,000	-235,000	-289,000	0	-1,453,000	-370,000
dividends paid on common stock	-18,280,000	-16,355,000	-16,353,000	-16,338,000	-15,239,000	-28,000	-15,233,000	-15,211,000	-12,594,000	81,000	-12,485,000	-12,472,000	-10,919,000	26,000	-10,840,000	-10,787,000	-9,408,000	-29,000	-9,409,000	-9,384,000	-8,015,000	6,000	-8,025,000	-8,019,000	-5,848,000	-2,105,000
net cash from financing activities	1,231,114,000	316,392,000	243,443,000	-449,800,000	2,436,000	926,352,000	475,590,000	-86,207,000	634,880,000	-643,158,000			788,441,000	1,347,802,000	517,938,000	651,267,000	474,949,000	365,084,000	1,592,989,000	367,570,000	-101,041,000	230,436,000	399,448,000	243,936,000	397,351,000	-57,636,000
net increase in cash and cash equivalents	973,086,000	483,466,000	-174,134,000	-680,189,000	65,979,000	1,087,417,000	106,721,000	54,918,000	327,727,000	-1,200,270,000	-1,754,793,000	-778,707,000	-222,390,000	1,263,710,000	371,046,000	598,319,000	588,040,000	74,444,000	864,396,000	53,931,000	-416,127,000	160,577,000	86,621,000	117,634,000		-318,433,000
cash and cash equivalents at beginning of period	2,376,634,000	0	0	2,131,088,000	0	0	0	816,053,000	0	0	0	4,222,096,000	0	0	0	2,211,411,000	0	0	0	630,600,000	0	0	0	681,895,000	0	783,997,000
cash and cash equivalents at end of period	3,349,720,000	483,466,000	-174,134,000	1,450,899,000	65,979,000	1,087,417,000	106,721,000	870,971,000	327,727,000	-1,200,270,000	-1,754,793,000	3,443,389,000	-222,390,000	1,263,710,000	371,046,000	2,809,730,000	588,040,000	74,444,000	864,396,000	684,531,000	-416,127,000	160,577,000	86,621,000	799,529,000	200,150,000	465,564,000
supplemental disclosure
cash paid for:
interest	116,514,000	131,570,000	123,194,000	124,938,000	124,513,000	111,886,000	85,885,000	71,095,000	44,155,000	28,981,000	3,391,000	6,900,000	6,882,000	7,308,000	8,827,000	7,487,000	8,578,000	10,823,000	12,535,000	18,662,000	21,952,000	27,579,000	28,248,000	23,826,000	15,855,000	7,652,000
income taxes	3,129,000	6,431,000	20,157,000	6,977,000	0	7,023,000	45,048,000	1,920,000	13,290,000	52,134,000	2,350,000	891,000	38,503,000	12,720,000	1,134,000	4,294,000	12,274,000	38,386,000	-193,000	400,000	7,768,000	9,508,000	23,423,000	1,533,000	10,770,000	652,000
noncash transactions
other real estate acquired in settlement of loans	24,000	2,383,000	1,058,000	90,000	305,000	-109,000			1,000	188,000	27,000	830,000	899,000	1,055,000	0	364,000	539,000	1,383,000	736,000	287,000	3,434,000	425,000	371,000	381,000	455,000	553,000
dividends on nonvested restricted stock reclassified as compensation expense	66,000	0			56,000	100,000	0	41,000	33,000	35,000	32,000	33,000
dividends declared	18,292,000	9,000	3,000	16,353,000	1,099,000	0	6,000	15,233,000	2,717,000	3,000	6,000	12,485,000	1,630,000	-7,000	20,000	10,829,000	1,365,000	9,000	4,000	9,409,000	1,347,000	7,000	5,000	8,025,000	3,000	2,641,000
see notes to consolidated financial statements.
net amortization of debt securities available-for-sale		77,000	-114,000	-197,000	-173,000	-4,000
net (gain) loss on sale of other real estate owned and repossessed assets									-262,000	0	-238,000	-1,000							0	-24,000	-116,000					-36,000
write down of other real estate owned and repossessed assets									218,000	1,000	0	6,000	-31,000	115,000	614,000	147,000	25,000	0	1,249,000	587,000	-1,000	66,000	202,000	20,000	235,000
proceeds from sale of restricted equity securities					0	30,813,000	0	13,177,000
return of capital from tax credit partnerships and sbic		135,000			0
increase in loans		-11,373,000	-456,342,000	-223,799,000					-411,209,000	-664,450,000	-719,043,000	-369,412,000	-721,763,000	-165,094,000	-145,313,000	-40,193,000	33,006,000	-205,813,000	-751,465,000	-312,426,000	-249,309,000	-63,193,000	-312,054,000	-129,977,000	-238,169,000	-243,562,000
proceeds from death benefit of bank owned life insurance contracts					0				353,000
net decrease in non-interest-bearing deposits		100,914,000	-152,224,000	-15,462,000		-234,030,000
fhlb advances					0	0	0	300,000,000
repayment of fhlb advances					0	0	0	-300,000,000
dividends paid on preferred stock		0			-31,000	0			-31,000	0			-31,000	0			-32,000	0			-32,000	0			0
deferred tax benefit																-137,000
net decrease in federal funds purchased						72,223,000	-182,094,000	-138,638,000																	-16,565,000
deferred benefit tax				2,626,000
amortization of core deposit intangible									0	0	0	23,000	67,000	68,000	68,000	67,000	68,000	67,000	68,000	68,000	67,000	68,000	67,000	68,000	67,000	72,000
gain on sale of securities available for sale									0	0
operating incomees of tax credit partnerships													0	0	0	4,000			1,000	3,000			38,000	35,000	58,000
proceeds from sale of debt securities available-for-sale
decrease (increase) in loans					-20,565,000	-40,484,000	20,775,000	56,588,000
purchase of bank owned life insurance contracts																	-20,682,000
expenditures for other real estate owned									0
cash paid/(received) for:
income tax refund									0	0			0	0			0	0			0					-181,000
internally financed sale of other real estate owned													0	0	0	3,779,000
debt securities available for sale transferred to held to maturity
loss on sale of securities available for sale												3,335,000
deferred tax							263,000	49,000	-3,091,000	52,000	5,681,000	-5,257,000	-5,073,000	0												-369,000
adjustments to reconcile net income to net cash provided by
net amortization of debt securities available for sale								128,000	229,000	290,000	-2,241,000	4,303,000	7,209,000	4,578,000	1,177,000	1,701,000	1,771,000	1,552,000	1,316,000	966,000	1,055,000	736,000	678,000	626,000	1,049,000	1,001,000
purchases of debt securities available for sale									0	0	-23,860,000	-52,500,000
proceeds from maturities, calls and paydowns of debt securities available for sale								18,853,000	20,059,000	31,232,000	34,832,000	29,627,000	-11,393,000	54,605,000			72,787,000	64,929,000	56,499,000	26,778,000					23,319,000
proceeds from sale of debt securities available for sale									0	0	29,642,000	45,394,000													636,000
purchases of debt securities held to maturity									0	0	-255,644,000	-392,622,000
proceeds from maturities, calls and paydowns of debt securities held to maturity								11,960,000	14,457,000	16,583,000
adjustments to reconcile net income to net cash provided by operating activities:
amortization of investments in tax credit partnerships
proceeds from issuance of 4% subordinated notes due october 21, 2030, net of issuance cost
repayment of 5% subordinated notes due july 15, 2025
increase in accrued interest payable												566,000	922,000			544,000	406,000	205,000	-689,000	465,000	458,000	546,000	-546,000	1,095,000	1,340,000	-187,000
investment in tax credit partnership and sbic										-14,649,000	-1,581,000	-65,000	-33,366,000	-10,490,000	0	-56,000	0	-93,000	-432,000	-111,000
return of capital from tc partnerships and sbic										185,000	0	249,000
decrease in accrued interest payable
decrease in accrued interest and dividends receivable												443,000
proceeds from maturities and paydowns of debt securities held to maturity												21,554,000
net cash (used-in) provided by financing activities												-129,152,000
decrease (increase) in accrued interest and dividends receivable													-1,016,000							948,000
gain on call of securities available for sale													0	0
purchase of debt securities available for sale													-118,219,000	-35,037,000	-113,928,000	-149,719,000	-46,143,000	-122,826,000	-85,478,000	-80,149,000	-107,592,000	-64,650,000			-22,103,000
purchase of premises and equipment													-391,000	5,741,000	-12,281,000	-2,518,000	-740,000	-631,000	-517,000	-417,000	-834,000	-304,000	-459,000	-759,000	-452,000	-6,844,000
available-for-sale securities transferred to held-to-maturity portfolio													0
proceeds from maturities, calls and paydowns of debt securities
available for sale																72,194,000
gain on sale of equity securities
net gain on sale of debt securities available for sale																					1,000	-34,000
purchase of debt securities held to maturity																					0	0	0	-250,000
repayment of federal home loan bank advances																									0	-100,000
redemption of 5% subordinated notes due july 15, 2025
deferred tax (benefit) expense																		-3,515,000	107,000	-1,267,000
benefit from loan losses																		12,284,000	10,283,000	13,584,000	5,884,000	6,985,000	4,884,000	4,885,000	6,624,000	4,986,000
operating income (income) of tax credit partnerships
net income on sale of debt securities available for sale
proceeds from sale of equity securities																									275,000
purchase of boli contracts																					-55,000,000
expenditures to complete construction of other real estate owned
operating (income) loss of tax credit partnerships
proceeds from maturities, calls and paydowns of debt securities available for sale
net income on sale of other real estate owned and repossessed assets																							0	2,000
purchase of securities available for sale																								-65,507,000		-53,885,000
proceeds from maturities, calls and paydowns of securities available for sale																								28,469,000		23,357,000
gain on sale of debt securities available for sale																									-11,000
purchase of equity securities																										-10,000
purchase of bank-owned life insurance contracts
proceeds from sale of preferred stock																										125,000
net decrease in cash and cash equivalents																									200,150,000
internally financed sales of other real estate owned																										49,000
net decrease in interest-bearing deposits
investment in tax credit partnerships
net cash paid in acquisition of metro bancshares, inc.
proceeds from issuance of 5% subordinated notes due july 15, 2025
redemption of series a senior non-cumulative preferred stock
proceeds from issuance of 4.5% subordinated notes due november 8, 2027, net of issuance cost
repayment of 5.5% subordinated notes due november 9, 2022
taxes paid in net settlement upon exercise of stock options
capitalized cost of shelf registration
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
fair value of assets and liabilities from acquisition:
fair value of tangible assets acquired
intangible assets acquired
fair value of liabilities assumed
net identifiable assets acquired over liabilities assumed
losses of tax credit partnerships																										-22,000
purchase of securities held to maturity																										-9,786,000
proceeds from maturities, calls and paydowns of securities held to maturity																										293,000
adjustments to reconcile net income to net cash provided by:
net income on sale of other real estate owned
write down of other real estate owned
operating incomees on tax credit and other partnerships
net increase in noninterest-bearing deposits
other intangible assets acquired
total merger consideration
losses on tax credit partnerships
excess tax benefits from exercise of stock options and warrants
net change in other assets, liabilities, and other
held to maturity
proceeds from sale of common stock
costs to issue shelf registration
proceeds from exercise of stock options and warrants
adjustments to reconcile net income to net cash from operating activities:
accretion
excess tax benefits from the exercise and vesting of stock options
increase in noninterest-bearing deposits
increase in interest-bearing deposits
increase in federal funds purchased
paydown of federal home loan bank advance
proceeds from sale of preferred shares
dividends on common stock
dividends on preferred stock
operating activities:
depreciation and amortization
net amortization of investments
market value adjustment of interest rate cap
net (gain) loss on sale of other real estate owned
decrease in special prepaid fdic insurance assessments
loss on prepayment of other borrowings
proceeds from maturities, calls and paydowns of securities
purchase of restricted equity securities
purchase of interest rate cap
proceeds from sale of securities available for sale
proceeds from sale of other real estate owned and repossessions
additions to other real estate owned
proceeds from issuance of trust preferred securities
repayment of other borrowings
transfers of loans from held for sale to held for investment
net amortization (accretion) of investments
stock compensation expense
proceeds from sale restricted equity securities
proceeds from sale of interest rate floor
proceeds from tenant reimbursement
amortized gain on derivative
decrease (increase) in special prepaid
fdic insurance assessments
proceeds from other borrowings
proceeds from sale of stock
loss on disposal of premises and equipment
proceeds from disposal of premises and equipment
write-down of other real estate owned
net accretion of investments
loss on sale of other real estate owned
increase in special prepaid fdic insurance assessments
loss on sale of other real estate
proceeds from mortgage loans held for sale
proceeds from maturities, calls and paydowns of securities available
for sale
write-down of investment in limited partnership
purchase of interest rate floor
net increase in non-interest bearing deposits
repayments and maturities of borrowings
net proceeds from issuance of trust preferred securities
finance sale of other real estate owned
proceeds from sale of mortgages held for sale
originations of mortgages held for sale
(gain) loss on sale of other real estate
net change in other operating activities
investing activities
purchases of securities available for sale
proceeds from maturities/calls, pay downs of securities available for sale
proceeds from sale of other real estate
net increase in interest bearing deposits
proceeds from issuance of common shares
proceeds from sale of derivative

We provide you with 20 years of cash flow statements for ServisFirst Bancshares stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of ServisFirst Bancshares stock. Explore the full financial landscape of ServisFirst Bancshares stock with our expertly curated income statements.

The information provided in this report about ServisFirst Bancshares stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.