| Cash Flow for BancTrust Financial Group Inc. (BTFG) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 6,186 | 13,286 | 13,277 | 10,560 | 6,322 | | Provision for Loan Loss | 12,435 | 4,594 | 5,725 | 4,017 | 2,082 | | Depreciation & Amortization | 5,017 | 4,199 | 3,855 | 3,954 | 2,752 | | Deferred Income Taxes | 415 | (831) | (1,742) | (665) | (424) | | Change in Assets (Receivables) | 2,291 | (3,233) | (3,098) | (490) | (1,775) | | Change in Liabilities (Payables) | (6,386) | (5,474) | 7,008 | 1,874 | 2,944 | | Investment Securities Gain | (3) | 44 | (125) | (645) | (630) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | - | (288) | 5 | 31 | (460) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | 877 | 323 | 1,544 | (184) | - | | Net Cash from Operating Activities | 20,832 | 12,620 | 26,449 | 18,452 | 10,811 | | | | Proceeds from Sale/Mat. Inv. | 29,823 | 16,505 | 18,253 | 100,262 | 112,289 | | Purchase of Investment Securities | (8,732) | (3,035) | (15,265) | (66,714) | (88,105) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | (8,791) | (10,528) | (5,133) | (7,735) | (2,666) | | Acquisitions | 22,170 | - | - | (38,422) | 9,266 | | Other Investment Changes, Net | 25,593 | (22,004) | (129,280) | (216,868) | (35,031) | | Net Cash from Investing Activities | 60,063 | (19,062) | (131,425) | (229,477) | (4,247) | | | Net Change in Deposits | (71,740) | 62,284 | 101,887 | 175,759 | 7,941 | | Cash Dividends paid | (6,400) | (5,555) | (5,539) | (5,605) | (4,550) | | Repayment of Long Term Debt | (41,260) | (65,000) | (8,500) | (6,500) | (2,000) | | Change in Short Term Debt | 78 | (4,475) | (5,519) | (10,549) | (2,607) | | Issuance of Long term Debt | 38,000 | 50,464 | 59,500 | 26,500 | 28,000 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 265 | 442 | 807 | 889 | 387 | | Purchase of Treasury Stock | - | - | - | - | - | | Other Financing Activities | - | - | 3,030 | - | - | | Cash from Financing Activities | (81,057) | 38,160 | 145,666 | 180,494 | 27,171 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (162) | 31,718 | 40,690 | (30,531) | 33,735 | | | Cash at Beginning of Period | 117,728 | 86,010 | 45,320 | 71,387 | 39,818 | | Cash at End of Period | 117,566 | 117,728 | 86,010 | 40,856 | 73,553 | | | |
