| Income Statement for Cadence Financial Corp. (CADE) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | Total Interest Income | 122,113 | 96,994 | 73,184 | 62,384 | 51,577 | | Total Interest Expense | (64,845) | (46,512) | (27,970) | (21,186) | (17,881) | | Net Interest Income | 57,268 | 50,482 | 45,214 | 41,198 | 33,696 | | Loan Loss Provision | (8,130) | (1,656) | (2,128) | (3,522) | (2,770) | | Net Interest Income After Loan Loss Provision | 49,138 | 48,826 | 43,086 | 37,676 | 30,926 | | Non-Interest Income | 22,582 | 19,993 | 19,935 | 20,107 | 20,645 | | Non-Interest Expense | (54,042) | (49,682) | (44,745) | (41,727) | (33,554) | | Special Income/Charges | (5,097) | - | - | - | - | | Net Income Before Taxes | 12,581 | 19,137 | 18,276 | 16,056 | 18,017 | | Premium Tax (Credit) | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Income Taxes | (2,788) | (4,984) | (4,522) | (3,757) | (4,492) | | Net Income from Continuing Operations | 9,793 | 14,153 | 13,754 | 12,299 | 13,525 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 9,793 | 14,153 | 13,754 | 12,299 | 13,525 | | Extraordinary Income/Loss | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 9,793 | 14,153 | 13,754 | 12,299 | 13,525 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 1.00 | 1.00 | 0.97 | 0.96 | 0.90 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 0.82 | 1.37 | 1.68 | 1.51 | 1.65 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.82 | 1.37 | 1.68 | 1.51 | 1.65 | | Basic EPS from Extraordinary Inc | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Cum. Effect of Acct Chg | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Other Gains(Loss) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS, Total | 0.82 | 1.37 | 1.68 | 1.51 | 1.65 | | | Basic Normalized Net Income/Share | 1.25 | 1.37 | 1.68 | 1.51 | 1.65 | | | Diluted EPS from Continuing Operations | 0.82 | 1.37 | 1.68 | 1.50 | 1.65 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.82 | 1.37 | 1.68 | 1.50 | 1.65 | | Diluted EPS from Extraordinary Inc | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Cum. Effect of Acct Chg | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Other Gains(Loss) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS, Total | 0.82 | 1.37 | 1.68 | 1.50 | 1.65 | | | Diluted Normalized Net Income/Share | 1.25 | 1.37 | 1.68 | 1.50 | 1.65 | | | |
