| Cash Flow for Cadence Financial Corp. (CADE) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 9,793 | 14,153 | 13,754 | 12,299 | 13,525 | | Provision for Loan Loss | 8,130 | 1,656 | 2,128 | 3,522 | 2,770 | | Depreciation & Amortization | 5,263 | 5,124 | 6,085 | 5,630 | 4,497 | | Deferred Income Taxes | (2,424) | (1,350) | (163) | 517 | 759 | | Change in Assets (Receivables) | (6,077) | 592 | (870) | (7,677) | 5,673 | | Change in Liabilities (Payables) | (3,001) | 4,637 | 2,678 | 900 | (1,415) | | Investment Securities Gain | 17 | (66) | (159) | (223) | (1,376) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | - | - | - | - | - | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | 4,557 | 1,204 | (935) | 1,016 | (871) | | Net Cash from Operating Activities | 16,258 | 25,950 | 22,518 | 15,984 | 23,562 | | | | Proceeds from Sale/Mat. Inv. | 327,681 | 108,355 | 79,228 | 149,922 | 274,618 | | Purchase of Investment Securities | (319,797) | (100,755) | (63,519) | (183,495) | (269,356) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | (6,205) | (7,659) | (2,893) | (2,974) | (1,679) | | Acquisitions | - | (28,369) | - | (43,291) | - | | Other Investment Changes, Net | (121,250) | (161,137) | (35,811) | (24,778) | (15,608) | | Net Cash from Investing Activities | (119,571) | (189,565) | (22,995) | (104,616) | (12,025) | | | Net Change in Deposits | (34,957) | 128,665 | 5,311 | 71,220 | (1,608) | | Cash Dividends paid | (11,897) | (12,766) | (7,921) | (7,837) | (7,359) | | Repayment of Long Term Debt | (36,134) | (80,209) | (45,245) | (88,222) | (23,734) | | Change in Short Term Debt | - | 22,267 | 31,772 | 395 | (7,629) | | Issuance of Long term Debt | 155,194 | 95,535 | 10,000 | 84,500 | 50,523 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | - | 50,467 | 255 | 94 | 37 | | Purchase of Treasury Stock | - | - | - | (346) | (430) | | Other Financing Activities | - | 38 | - | - | - | | Cash from Financing Activities | 72,206 | 203,997 | (5,828) | 59,804 | 9,800 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (31,107) | 40,382 | (6,305) | (28,828) | 21,337 | | | Cash at Beginning of Period | 83,504 | 43,122 | 49,428 | 78,255 | 56,918 | | Cash at End of Period | 52,397 | 83,504 | 43,122 | 49,427 | 78,255 | | | |
