NWSB Annual Report 2025 | Page 22

NEW INDEPENDENT BANCSHARES, INC. AND SUBSIDIARY
Consolidated Statements of Cash Flows For the Years Ended December 31,( Continued)
Purchase of Premises and Equipment Proceeds from Sale of Premises and Equipment Net Cash Used in Investing Activities
2025( 2,350,522)
-( 73,892,614)
2024( 1,376,869)
165,000( 29,950,863)
Financing Activities Dividends Paid Decrease in Short-term Borrowings Proceeds from Borrowings Common Stock Issued Common Stock Repurchased Net Increase in Demand and Savings Accounts Net Increase in Time Deposits Net Cash Provided by Financing Activities
( 1,353,140)
( 1,580,478)
( 2,063,000)
( 9,995,676)
9,625,000
-
-
10,125,698
-
( 156,510)
68,195,990
16,287,676
18,324,474
35,027,113
92,729,324
49,707,823
Net Increase in Cash and Cash Equivalents 24,205,875
24,087,082
Cash and Cash Equivalents at Beginning of Year 28,137,708 4,050,626
Cash and Cash Equivalents at End of Year
$
52,343,583
$
28,137,708
Supplemental Disclosures of Cash Flow Information Cash Payments for: Interest Income Taxes Paid
$
11,439,862
$
8,453,928
267,219
1,260,000
Supplemental Disclosure of Non-Cash Investing and Financing Activity Change in Unrealized Loss on AFS Securities Noncash Proceeds for Exchange of Property Right of Use Asset Obtained in Exchange for Lease Liabilities Cancelation of Lease Right of Use Asset Lease Liability Other Assets Repossessed from Loan Default Proceeds from Repossessions Financed Through Loans Dividends Declared and Payable
$
4,221,542
54,500
777,472
-
-
308,813
-
463,934
$
281,428
-
2,396,056
484,035
486,039
131,753
10,000
-
See Note 2 Regarding Non-Cash Transactions Included in the Acquisition
See accompanying notes.
22 | 2025 NWSB Annual Report