| Cash Flow for 1st Constitution Bancorp (FCCY) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 5,443 | 5,333 | 4,560 | 3,838 | 3,228 | | Provision for Loan Loss | 130 | 894 | 405 | 240 | 240 | | Depreciation & Amortization | 762 | 669 | 663 | 735 | 1,518 | | Deferred Income Taxes | (205) | (471) | (234) | - | - | | Change in Assets (Receivables) | 3,634 | 2,521 | 96 | (135) | 50 | | Change in Liabilities (Payables) | 280 | 734 | 1,436 | 321 | (1,040) | | Investment Securities Gain | - | 100 | 272 | (28) | - | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (761) | (1,073) | (1,445) | (1,374) | (1,285) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | 107 | (350) | (5,621) | 6,048 | 1,917 | | Net Cash from Operating Activities | 9,389 | 8,355 | 134 | 9,646 | 4,629 | | | | Proceeds from Sale/Mat. Inv. | 16,092 | 19,119 | 30,727 | 33,708 | 58,238 | | Purchase of Investment Securities | (24,385) | (17,386) | (25,481) | (41,000) | (62,421) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | (447) | (1,065) | (796) | (1,348) | (412) | | Acquisitions | 18,767 | - | - | - | - | | Other Investment Changes, Net | (32,589) | (25,154) | (31,360) | (46,724) | (13,024) | | Net Cash from Investing Activities | (22,562) | (24,486) | (26,910) | (55,365) | (17,618) | | | Net Change in Deposits | (2,906) | 6,915 | 28,922 | 31,533 | 21,204 | | Cash Dividends paid | - | - | - | - | - | | Repayment of Long Term Debt | (5,155) | - | - | - | (2,500) | | Change in Short Term Debt | - | (11,300) | - | (1,921) | (634) | | Issuance of Long term Debt | 18,400 | 18,557 | 3,300 | 9,700 | - | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 311 | 596 | 28 | 178 | 27 | | Purchase of Treasury Stock | (247) | (413) | (1,261) | (550) | - | | Other Financing Activities | (43) | - | - | - | - | | Cash from Financing Activities | 10,359 | 14,355 | 30,990 | 38,941 | 18,098 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (2,814) | (1,776) | 4,213 | (6,778) | 5,109 | | | Cash at Beginning of Period | 10,362 | 12,138 | 7,924 | 14,703 | 9,594 | | Cash at End of Period | 7,548 | 10,362 | 12,138 | 7,924 | 14,703 | | | |
