NWSB Annual Report 2025 | Page 21

NEW INDEPENDENT BANCSHARES, INC. AND SUBSIDIARY

Consolidated Statements of Cash Flows For the Years Ended December 31,

Operating Activities Net Income Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Depreciation of Premises and Equipment Net Premium Amortization on Investments Securities Amortization of Loan Fees Amortization of Core Deposit Intangible Provision for Credit Losses Stranded Tax Effect Loss on Sale of Investments Gain on Sale VISA Stock Gain on Sale of Premises and Equipment Gain( Loss) on Repossessions Deferred Income Tax Expense Net Change in: Accrued Interest Receivable Bank Owned Life Insurance Right-of-Use Assets Operating Lease Assets Other Assets Accrued Interest Payable Operating Lease Liabilities Other Liabilities Net Cash Provided by Operating Activities

Investing Activities Purchases of Held-to-Maturity Securities Purchases of Available-for-Sale Securities Purchase of Equity Security Purchase of Bank Owned Life Insurance Principal Received on Available-for-Sale Securities Principal Received on Held-to-Maturity Securities Sales of Available-for-Sale Securities Sale of Held-to-Maturity Securities Sale of Equity Security Net Increase in Loans Acquisition, Net of Cash Acquired Proceeds from BOLI Death Benefits Proceeds from Sale of Repossessions

$

2025

3,101,747

2024

4,403,837

$

See accompanying notes.

2025 NWSB Annual Report | 21