| Cash Flow for Bank of Florida Corp. (BOFL) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 2,743 | 2,319 | 4,883 | (2,880) | (2,709) | | Provision for Loan Loss | 4,254 | 2,836 | 1,903 | 1,279 | 833 | | Depreciation & Amortization | 2,672 | 1,557 | 1,224 | 770 | 699 | | Deferred Income Taxes | (647) | 1,089 | - | - | - | | Change in Assets (Receivables) | 20 | (1,915) | (1,241) | (120) | (779) | | Change in Liabilities (Payables) | (5,219) | 481 | 851 | 451 | 34 | | Investment Securities Gain | - | - | - | (4) | (9) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (148) | (443) | (333) | - | - | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | (1,005) | (699) | (4,857) | (92) | (68) | | Net Cash from Operating Activities | 2,670 | 5,225 | 2,430 | (596) | (1,999) | | | | Proceeds from Sale/Mat. Inv. | 25,889 | 24,096 | 333,175 | 53,511 | 6,572 | | Purchase of Investment Securities | (5,530) | (25,526) | (326,079) | (74,688) | (8,355) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | (8,367) | (1,759) | (1,115) | (2,242) | (340) | | Acquisitions | 12,022 | - | - | 561 | - | | Other Investment Changes, Net | (149,041) | (235,708) | (159,197) | (125,331) | (94,637) | | Net Cash from Investing Activities | (125,027) | (238,897) | (153,216) | (148,189) | (96,760) | | | Net Change in Deposits | (2,775) | 121,461 | 119,016 | 174,910 | 71,827 | | Cash Dividends paid | - | - | - | - | - | | Repayment of Long Term Debt | (627,659) | (58,000) | (17,000) | - | - | | Change in Short Term Debt | - | - | - | (2,133) | - | | Issuance of Long term Debt | 740,199 | 89,000 | 29,000 | 2,000 | - | | Issuance of Preferred Stock | - | - | - | 3,400 | - | | Issuance of Common Stock | 1,839 | 58,647 | 13,265 | 20,081 | 8,983 | | Purchase of Treasury Stock | 397 | 191 | (1,275) | - | - | | Other Financing Activities | - | - | - | - | - | | Cash from Financing Activities | 112,001 | 211,299 | 143,006 | 198,258 | 80,810 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (10,356) | (22,373) | (7,780) | 49,473 | (17,949) | | | Cash at Beginning of Period | 27,744 | 50,117 | 57,897 | 8,424 | 26,373 | | Cash at End of Period | 17,388 | 27,744 | 50,117 | 57,897 | 8,424 | | | |
