| Cash Flow for 1st Pacific Bancorp (FPBN) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 2,465 | 3,202 | 2,350 | 1,226 | 1,707 | | Provision for Loan Loss | 338 | 444 | 552 | 850 | 630 | | Depreciation & Amortization | 700 | 487 | 378 | 295 | 207 | | Deferred Income Taxes | 258 | (245) | (247) | 355 | (910) | | Change in Assets (Receivables) | - | - | - | - | - | | Change in Liabilities (Payables) | - | - | - | - | - | | Investment Securities Gain | - | - | 2 | (39) | (13) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | - | - | - | - | - | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | (1,271) | (123) | 231 | (118) | (121) | | Net Cash from Operating Activities | 2,490 | 3,764 | 3,267 | 2,568 | 1,500 | | | | Proceeds from Sale/Mat. Inv. | 7,930 | 1,493 | 2,760 | 4,640 | 3,220 | | Purchase of Investment Securities | (8,834) | (7,261) | (392) | (5,109) | (4,104) | | Net Increase Fed. Funds Sold | - | - | - | (545) | (165) | | Purchase of Property & Equipment | (5,528) | (499) | (689) | (682) | (418) | | Acquisitions | - | - | - | - | - | | Other Investment Changes, Net | (1,919) | (45,357) | (41,839) | (67,464) | (38,862) | | Net Cash from Investing Activities | (8,351) | (51,624) | (40,160) | (69,159) | (40,328) | | | Net Change in Deposits | 1,725 | 24,630 | 56,917 | 50,882 | 39,340 | | Cash Dividends paid | - | - | - | - | - | | Repayment of Long Term Debt | - | - | - | - | - | | Change in Short Term Debt | (14,010) | - | (9,000) | 9,000 | - | | Issuance of Long term Debt | 5,155 | 24,000 | 5,000 | - | - | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 503 | 375 | 157 | 4,177 | 324 | | Purchase of Treasury Stock | (38) | - | - | - | - | | Other Financing Activities | - | - | - | - | - | | Cash from Financing Activities | (6,666) | 49,006 | 53,075 | 64,059 | 39,664 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (12,527) | 1,146 | 16,182 | (2,531) | 836 | | | Cash at Beginning of Period | 30,084 | 28,938 | 12,757 | 15,288 | 14,452 | | Cash at End of Period | 17,557 | 30,084 | 28,938 | 12,757 | 15,288 | | | |
