| Cash Flow for Beverly Hills Bancorp Inc. (BHBC) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 496 | 14,810 | 15,052 | 25,577 | 6,887 | | Provision for Loan Loss | 14,356 | 957 | (41) | 351 | (539) | | Depreciation & Amortization | (251) | 800 | 3,281 | 4,822 | 10,411 | | Deferred Income Taxes | (1,238) | 1,537 | 6,276 | - | - | | Change in Assets (Receivables) | (2,176) | 800 | (4,710) | (4,183) | (1,105) | | Change in Liabilities (Payables) | 394 | 5,382 | 3,627 | (5,819) | (520) | | Investment Securities Gain | - | - | - | (418) | (249) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | 8 | (8,503) | (199) | (78) | (59) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | 2,055 | (251) | (1,129) | 2,381 | (5,379) | | Net Cash from Operating Activities | 13,644 | 15,532 | 22,157 | 22,633 | 9,447 | | | | Proceeds from Sale/Mat. Inv. | 85,555 | 76,119 | 2,033 | 161,289 | 160,021 | | Purchase of Investment Securities | (34,922) | (197,621) | (126,828) | (238,407) | (149,830) | | Net Increase Fed. Funds Sold | (1,337) | (27) | (3,919) | (9,296) | (1,445) | | Purchase of Property & Equipment | (57) | (108) | (1,029) | (968) | (2,133) | | Acquisitions | - | (148,885) | - | - | - | | Other Investment Changes, Net | 48,703 | (94,856) | 62,186 | (257,149) | (119,807) | | Net Cash from Investing Activities | 97,942 | (365,378) | (67,557) | (344,531) | (113,194) | | | Net Change in Deposits | (213,419) | 402,370 | 62,689 | 68,551 | 77,628 | | Cash Dividends paid | (7,046) | (10,029) | (10,623) | (7,926) | - | | Repayment of Long Term Debt | - | (848,000) | - | (1,871) | (5,928) | | Change in Short Term Debt | (20,000) | (3,000) | (1,650) | 264,500 | 29,467 | | Issuance of Long term Debt | - | 839,274 | - | - | 5,677 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 175 | 17 | 412 | 3,241 | 862 | | Purchase of Treasury Stock | - | (24,750) | - | - | - | | Other Financing Activities | 114,663 | 15 | - | (5,810) | (1,201) | | Cash from Financing Activities | (125,627) | 355,897 | 50,828 | 320,685 | 106,505 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (14,041) | 6,051 | 5,428 | (1,213) | 2,758 | | | Cash at Beginning of Period | 27,005 | 20,954 | 15,526 | 16,739 | 15,981 | | Cash at End of Period | 12,964 | 27,005 | 20,954 | 15,526 | 18,739 | | | |
