Central Plains Bancshares Inc
For the period ended Dec 31, 2023. Filed Feb 13, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Feb 13, 2024
CPBI$20.51-1.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
| Nine Months Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Cash flows from operating activities | ||
| Net income | $2,856 | $691 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation | 377 | 352 |
| Gain on sale of loans | (173) | (90) |
| Amortization of premium and accretion of discount on securities | 131 | 245 |
| Deferred income tax benefit | (106) | (785) |
| Provision for credit losses | 99 | 2,842 |
| Origination of loans held for sale | (10,584) | (4,975) |
| Proceeds from sales of loans held for sale | 10,757 | 5,065 |
| Contributions to pension plan | 450 | 450 |
| Change in assets and liabilities: | ||
| Accrued interest receivable | (408) | (319) |
| ESOP expense | 126 | — |
| Mortgage servicing rights | 10 | 105 |
| Other assets | 411 | 291 |
| Accrued interest payable | 873 | 152 |
| Accounts payable, accrued expenses and other liabilities | (593) | (696) |
| Net cash provided by operating activities | 4,226 | 3,328 |
| Cash flows from investing activities | ||
| Net change in loans | (21,967) | (40,055) |
| Purchase of investment securities available for sale | (6,030) | — |
| Principal paydowns from investment securities available for sale | 7,043 | 9,730 |
| Principal paydowns from investment securities held to maturity | 95 | 93 |
| Purchase of FHLB stock | (21) | (394) |
| Purchase of premises and equipment | (533) | (185) |
| Net cash used in investing activities | (21,413) | (30,811) |
| Cash flows from financing activities | ||
| Net change in deposits | (23,508) | 1,837 |
| Net change in advances from borrowers for taxes and insurance | (236) | (247) |
| Proceeds from short-term FHLB advances | — | 14,508 |
| Proceeds from issuance of common stock, net of costs | 39,364 | — |
| Loan to ESOP | (3,305) | — |
| Net cash provided by financing activities | 12,315 | 16,098 |
| Net decrease in cash and cash equivalents | (4,872) | (11,385) |
| Cash and cash equivalents—beginning of period | 16,563 | 18,979 |
| Cash and cash equivalents—end of period | $11,691 | $7,594 |
| Supplemental disclosures of cash flow information: | ||
| Cash paid for taxes | $500 | $225 |
| Cash paid for interest | $3,803 | $1,517 |
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