| Income Statement for Heritage Financial Group (HBOS) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | Total Interest Income | 27,997 | 22,608 | 19,243 | 17,780 | 18,720 | | Total Interest Expense | (13,462) | (8,377) | (5,935) | (4,898) | (5,853) | | Net Interest Income | 14,535 | 14,232 | 13,308 | 12,882 | 12,867 | | Loan Loss Provision | (1,178) | (695) | (1,015) | (200) | (650) | | Net Interest Income After Loan Loss Provision | 13,357 | 13,537 | 12,294 | 12,682 | 12,217 | | Non-Interest Income | 6,690 | 5,610 | 5,335 | 5,455 | 4,961 | | Non-Interest Expense | (17,977) | (16,060) | (13,584) | (13,054) | (13,849) | | Special Income/Charges | - | - | - | - | - | | Net Income Before Taxes | 2,071 | 3,086 | 4,045 | 5,083 | 3,329 | | Premium Tax (Credit) | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Income Taxes | 850 | (732) | (1,095) | (1,550) | (1,053) | | Net Income from Continuing Operations | 2,921 | 2,354 | 2,950 | 3,533 | 2,277 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 2,921 | 2,354 | 2,950 | 3,533 | 2,277 | | Extraordinary Income/Loss | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 2,921 | 2,354 | 2,950 | 3,533 | 2,277 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.24 | 0.20 | 0.05 | 0.00 | 0.00 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 0.28 | 0.22 | 0.31 | 3,533.00 | 2,277.00 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 0.28 | 0.22 | 0.31 | 3,533.00 | 2,277.00 | | 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 | 0.28 | 0.22 | 0.31 | 3,533.00 | 2,277.00 | | | Basic Normalized Net Income/Share | 0.28 | 0.22 | 0.31 | 3,533.25 | 2,276.81 | | | Diluted EPS from Continuing Operations | 0.28 | 0.22 | 0.31 | 3,533.00 | 2,277.00 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 0.28 | 0.22 | 0.31 | 3,533.00 | 2,277.00 | | 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 | 0.28 | 0.22 | 0.31 | 3,533.00 | 2,277.00 | | | Diluted Normalized Net Income/Share | 0.28 | 0.22 | 0.31 | 3,533.25 | 2,276.81 | | | |
