| Cash Flow for CapitalSouth Bancorp (CAPB) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | | | Net Income | (15,302) | 2,928 | 2,577 | 1,877 | | Provision for Loan Loss | 3,516 | 621 | 914 | 847 | | Depreciation & Amortization | 1,138 | 1,062 | 1,013 | 916 | | Deferred Income Taxes | (832) | (188) | (298) | (134) | | Change in Assets (Receivables) | (1,104) | (853) | (292) | (951) | | Change in Liabilities (Payables) | (1,887) | (66) | 1,560 | 1,789 | | Investment Securities Gain | - | (1,055) | - | (801) | | Net Policy Acquisition Cost | - | - | - | - | | Realized Investment Gains | (95) | 1 | 11 | 2,218 | | Net Premiums Receivables | - | - | - | - | | Change in Income Taxes | - | - | - | - | | Other Non-Cash Items | 17,303 | 316 | 254 | (577) | | Net Cash from Operating Activities | 2,737 | 2,767 | 5,739 | 5,185 | | | | Proceeds from Sale/Mat. Inv. | 12,749 | 14,470 | 7,943 | 24,472 | | Purchase of Investment Securities | (8,303) | (26,494) | (12,228) | (17,466) | | Net Increase Fed. Funds Sold | (3,224) | (86) | (329) | 596 | | Purchase of Property & Equipment | (4,625) | (913) | (6,128) | (3,250) | | Acquisitions | - | - | - | - | | Other Investment Changes, Net | (46,840) | (48,147) | (70,224) | (53,863) | | Net Cash from Investing Activities | (50,243) | (61,170) | (80,965) | (49,511) | | | Net Change in Deposits | 2,135 | 71,867 | 67,899 | 59,025 | | Cash Dividends paid | (816) | (642) | (426) | (354) | | Repayment of Long Term Debt | - | - | (6,056) | (5,077) | | Change in Short Term Debt | 42,449 | (17,586) | (1,739) | (13,204) | | Issuance of Long term Debt | 5,155 | - | 2,733 | - | | Issuance of Preferred Stock | - | - | - | - | | Issuance of Common Stock | 15 | 1,569 | 9,807 | 168 | | Purchase of Treasury Stock | - | - | - | - | | Other Financing Activities | - | (57) | 9,588 | - | | Cash from Financing Activities | 48,939 | 55,151 | 81,805 | 40,560 | | | | Effect of Exchange Rate Changes | - | - | - | - | | Net Change in Cash & Equivalents | 1,433 | (3,253) | 6,579 | (3,766) | | | Cash at Beginning of Period | 7,445 | 10,698 | 4,118 | 7,884 | | Cash at End of Period | 8,877 | 7,445 | 10,698 | 4,118 | | | |
