| Cash Flow for First Mariner Bancorp (FMAR) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | (10,063) | 1,924 | 7,822 | 6,101 | 5,307 | | Provision for Loan Loss | 8,915 | 2,315 | 3,287 | 2,243 | 2,536 | | Depreciation & Amortization | 3,656 | 3,250 | 2,493 | 1,894 | 2,165 | | Deferred Income Taxes | (3,578) | (2,372) | (961) | 390 | (493) | | Change in Assets (Receivables) | (13,895) | (6,556) | (715) | 2,582 | (11,412) | | Change in Liabilities (Payables) | (5,683) | (1,884) | 4,103 | 1,027 | 241 | | Investment Securities Gain | (241) | 3,037 | - | (440) | (1,371) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (4,360) | (7,614) | (5,018) | (3,411) | (5,357) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | (23,029) | 8,677 | (10,029) | (22,362) | 39,406 | | Net Cash from Operating Activities | (48,278) | 777 | 981 | (11,976) | 31,022 | | | | Proceeds from Sale/Mat. Inv. | 65,256 | 136,577 | 50,939 | 171,849 | 147,476 | | Purchase of Investment Securities | (999) | (6,284) | (10,367) | (208,549) | (308,492) | | Net Increase Fed. Funds Sold | - | - | - | (4,621) | (3,950) | | Purchase of Property & Equipment | (8,463) | (13,404) | (27,067) | (2,767) | (3,529) | | Acquisitions | - | - | - | - | - | | Other Investment Changes, Net | 45,537 | (14,414) | (107,304) | (142,020) | (73,598) | | Net Cash from Investing Activities | 101,331 | 102,475 | (93,799) | (186,108) | (242,093) | | | Net Change in Deposits | (19,985) | 48,929 | 50,593 | 77,684 | 79,564 | | Cash Dividends paid | - | - | - | - | - | | Repayment of Long Term Debt | - | (156,934) | - | - | - | | Change in Short Term Debt | - | - | (25,000) | 73,000 | 84,000 | | Issuance of Long term Debt | 16,075 | - | 74,190 | 24,777 | 15,587 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 371 | 1,884 | 5,001 | 1,690 | 2,793 | | Purchase of Treasury Stock | (1,162) | (582) | (1,578) | - | - | | Other Financing Activities | - | 585 | - | 9,701 | - | | Cash from Financing Activities | (4,701) | (106,118) | 103,206 | 186,852 | 181,944 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | 48,352 | (2,866) | 10,388 | (11,232) | (29,127) | | | Cash at Beginning of Period | 42,969 | 45,835 | 35,447 | 46,679 | 75,806 | | Cash at End of Period | 91,321 | 42,969 | 45,835 | 35,447 | 46,679 | | | |
