| Cash Flow for First Federal Bankshares Inc. (FFSX) | | | | | | | Cash Flow | in Thousands of Dollars | | | 06/2007 | 06/2006 | 06/2005 | 06/2004 | 06/2003 | | | Net Income | 3,069 | 3,332 | 4,213 | 5,618 | 5,605 | | Provision for Loan Loss | 547 | 1,920 | 2,985 | 1,225 | 1,730 | | Depreciation & Amortization | 803 | 1,033 | 1,843 | 1,928 | 2,193 | | Deferred Income Taxes | 548 | (30) | 172 | 189 | (746) | | Change in Assets (Receivables) | 619 | (3,068) | 348 | 2,462 | (1,097) | | Change in Liabilities (Payables) | 221 | 496 | (254) | (1,232) | (1,113) | | Investment Securities Gain | (14) | (203) | 121 | 65 | (309) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (581) | (430) | (2,989) | (1,832) | (910) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | 763 | (272) | (346) | 493 | | Other Non-Cash Items | (736) | 332 | 319 | 1,657 | 2,068 | | Net Cash from Operating Activities | 4,476 | 4,145 | 6,487 | 9,733 | 7,914 | | | | Proceeds from Sale/Mat. Inv. | 18,308 | 66,384 | 46,578 | 51,255 | 73,118 | | Purchase of Investment Securities | (89,491) | (59,803) | (1,297) | (38,357) | (40,201) | | Net Increase Fed. Funds Sold | 1,602 | 601 | 334 | (389) | (670) | | Purchase of Property & Equipment | (4,835) | (628) | (1,449) | (1,236) | (462) | | Acquisitions | - | - | - | - | - | | Other Investment Changes, Net | 26,260 | (23,685) | (35,582) | (20,740) | (330) | | Net Cash from Investing Activities | (48,155) | (17,131) | 8,583 | (9,466) | 31,455 | | | Net Change in Deposits | 61,809 | 38,494 | 7,632 | (19,735) | (23,704) | | Cash Dividends paid | (1,378) | (1,347) | (1,425) | (1,278) | (1,247) | | Repayment of Long Term Debt | (36,500) | (22,000) | (12,500) | (17,887) | (47,013) | | Change in Short Term Debt | - | - | - | - | - | | Issuance of Long term Debt | 5,949 | 10,189 | 7,178 | 25,386 | 50,167 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 514 | 343 | 393 | 386 | 207 | | Purchase of Treasury Stock | (971) | (4,173) | (5,306) | (2,229) | (6,685) | | Other Financing Activities | 90 | 49 | (166) | (339) | (24) | | Cash from Financing Activities | 29,513 | 21,556 | (4,194) | (15,697) | (28,299) | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (14,166) | 8,569 | 10,876 | (15,429) | 11,070 | | | Cash at Beginning of Period | 39,905 | 31,336 | 20,460 | 34,287 | 23,217 | | Cash at End of Period | 25,738 | 39,905 | 31,336 | 18,858 | 34,287 | | | |
