| Cash Flow for Bank Mutual Corp. (BKMU) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 17,103 | 20,597 | 28,026 | 29,554 | 22,599 | | Provision for Loan Loss | (272) | 632 | 541 | 1,330 | 1,304 | | Depreciation & Amortization | 7,268 | 12,385 | 10,272 | 9,771 | 9,776 | | Deferred Income Taxes | - | - | - | - | - | | Change in Assets (Receivables) | 17,555 | (46,812) | (13,310) | (15,163) | (4,872) | | Change in Liabilities (Payables) | (15,517) | 26,616 | 14,049 | 5,166 | (8,022) | | Investment Securities Gain | - | (694) | (1,785) | (537) | (121) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (1,478) | (1,165) | (1,907) | (3,597) | (6,903) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | 842 | (1,809) | (6,041) | 1,149 | 48,132 | | Net Cash from Operating Activities | 25,501 | 9,750 | 29,845 | 27,673 | 61,893 | | | | Proceeds from Sale/Mat. Inv. | 227,041 | 240,116 | 415,450 | 27,537 | 603,942 | | Purchase of Investment Securities | (298,698) | (198,724) | (250,778) | (549,814) | (1,051,952) | | Net Increase Fed. Funds Sold | (216) | - | - | (2,688) | (2,613) | | Purchase of Property & Equipment | (3,722) | (5,581) | (6,345) | (2,029) | (3,896) | | Acquisitions | - | - | - | - | - | | Other Investment Changes, Net | 28,688 | (32,496) | (114,345) | 148,361 | (25,456) | | Net Cash from Investing Activities | (46,907) | 3,315 | 43,982 | (378,633) | (479,975) | | | Net Change in Deposits | (56,070) | 65,172 | 102,381 | (68,767) | (73,371) | | Cash Dividends paid | (17,227) | (15,955) | (16,223) | (13,402) | (5,925) | | Repayment of Long Term Debt | (275,516) | (433,846) | (18,361) | (232,012) | (60,933) | | Change in Short Term Debt | (175,000) | (25,000) | (87,600) | 137,600 | (22,679) | | Issuance of Long term Debt | 657,950 | 398,075 | 110,232 | 556,446 | 28,125 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 1,396 | 1,940 | 2,393 | 1,217 | 405,693 | | Purchase of Treasury Stock | (120,687) | (27,828) | (134,542) | (78,859) | (8,011) | | Other Financing Activities | 49 | 422 | (267) | (191) | (73) | | Cash from Financing Activities | 14,895 | (37,020) | (41,987) | 302,032 | 262,826 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (6,511) | (23,955) | 31,840 | (48,928) | (155,256) | | | Cash at Beginning of Period | 45,460 | 69,415 | 37,575 | 86,503 | 241,759 | | Cash at End of Period | 38,949 | 45,460 | 69,415 | 37,575 | 86,503 | | | |
