| Cash Flow for 1st Centennial Bancorp (FCEN) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 7,889 | 7,427 | 5,083 | 3,020 | 2,088 | | Provision for Loan Loss | 2,350 | 1,320 | 2,140 | 2,098 | 360 | | Depreciation & Amortization | (802) | (968) | (1,239) | (680) | 170 | | Deferred Income Taxes | (899) | (178) | (625) | (688) | 274 | | Change in Assets (Receivables) | (2,798) | (1,362) | (1,794) | (670) | (964) | | Change in Liabilities (Payables) | 590 | 971 | 941 | 489 | 283 | | Investment Securities Gain | (40) | (3) | - | - | 7 | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (4) | (7) | - | (295) | (351) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | 662 | 174 | (177) | (226) | (280) | | Net Cash from Operating Activities | 6,948 | 7,374 | 4,329 | 3,048 | 1,587 | | | | Proceeds from Sale/Mat. Inv. | 7,986 | 6,907 | 7,491 | 14,753 | - | | Purchase of Investment Securities | (60,035) | (37,266) | - | - | (3,821) | | Net Increase Fed. Funds Sold | (1,837) | (61) | (5) | (748) | (51) | | Purchase of Property & Equipment | (470) | (168) | (1,217) | (1,178) | (502) | | Acquisitions | - | - | - | - | - | | Other Investment Changes, Net | (90,796) | (49,667) | (71,453) | (119,022) | (45,345) | | Net Cash from Investing Activities | (145,152) | (80,255) | (65,184) | (106,195) | (49,719) | | | Net Change in Deposits | 21,492 | 55,188 | 109,473 | 79,029 | 29,585 | | Cash Dividends paid | (6) | (6) | (11) | (6) | - | | Repayment of Long Term Debt | (6,006) | - | (21,475) | (1,375) | - | | Change in Short Term Debt | 47,673 | - | - | - | - | | Issuance of Long term Debt | 64,500 | - | 5,155 | 20,545 | 9,450 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 781 | 617 | 385 | 701 | 5,031 | | Purchase of Treasury Stock | (440) | - | - | - | - | | Other Financing Activities | - | - | - | - | (6) | | Cash from Financing Activities | 127,994 | 55,799 | 93,527 | 98,894 | 44,060 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (10,210) | (17,082) | 32,672 | (4,253) | (4,072) | | | Cash at Beginning of Period | 21,285 | 38,367 | 5,695 | 9,948 | 14,020 | | Cash at End of Period | 11,075 | 21,285 | 38,367 | 5,695 | 9,948 | | | |
