| Cash Flow for Allegheny Valley Bancorp Inc. (AVLY) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2006 | 12/2005 | 12/2004 | 12/2003 | 12/2002 | | | Net Income | 2,880 | 4,549 | 3,401 | 4,228 | 4,067 | | Provision for Loan Loss | 855 | 644 | 2,159 | 829 | 504 | | Depreciation & Amortization | 655 | 751 | 820 | 840 | 807 | | Deferred Income Taxes | - | - | - | - | - | | Change in Assets (Receivables) | (180) | (167) | 28 | 13 | (268) | | Change in Liabilities (Payables) | 550 | 143 | 66 | (205) | (56) | | Investment Securities Gain | 76 | (375) | (385) | (264) | (491) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (8) | 18 | 258 | 31 | 56 | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | 1,996 | (61) | (344) | 22 | (662) | | Net Cash from Operating Activities | 6,823 | 5,503 | 6,004 | 5,493 | 3,957 | | | | Proceeds from Sale/Mat. Inv. | 37,324 | 13,410 | 29,088 | 57,178 | 50,832 | | Purchase of Investment Securities | (8,416) | (15,170) | (31,055) | (50,121) | (60,872) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | 204 | (213) | (251) | (343) | (253) | | Acquisitions | (14,515) | - | - | - | - | | Other Investment Changes, Net | (11,572) | 700 | (10,736) | (20,065) | (28,603) | | Net Cash from Investing Activities | 3,025 | (1,273) | (12,954) | (13,351) | (38,896) | | | Net Change in Deposits | (15,867) | 2,231 | 263 | 14,089 | 29,811 | | Cash Dividends paid | (2,365) | (2,218) | (2,075) | (1,995) | (1,716) | | Repayment of Long Term Debt | (3,960) | (2,000) | - | - | - | | Change in Short Term Debt | 9,951 | 1,334 | 60 | 1,589 | 101 | | Issuance of Long term Debt | - | - | - | 4,000 | 5,000 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 82 | - | - | - | - | | Purchase of Treasury Stock | - | (1,035) | - | - | - | | Other Financing Activities | - | - | - | - | - | | Cash from Financing Activities | (12,159) | (1,688) | (1,751) | 17,683 | 33,196 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (2,312) | 2,542 | (8,701) | 9,826 | (1,743) | | | Cash at Beginning of Period | 10,374 | 7,832 | 16,533 | 6,707 | 8,451 | | Cash at End of Period | 8,062 | 10,374 | 7,832 | 16,533 | 6,707 | | | |
