| Cash Flow for NBT Bancorp Inc. (NBTB) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 50,328 | 55,947 | 52,438 | 50,047 | 47,104 | | Provision for Loan Loss | 30,094 | 9,395 | 9,464 | 9,615 | 9,111 | | Depreciation & Amortization | 6,940 | 7,723 | 7,198 | 8,943 | 12,066 | | Deferred Income Taxes | 2,244 | 9,767 | 743 | 7,602 | 6,357 | | Change in Assets (Receivables) | (10,883) | (15,994) | 1,803 | 677 | (3,339) | | Change in Liabilities (Payables) | 6,848 | (2,325) | (5,506) | 696 | (3,923) | | Investment Securities Gain | (2,113) | 875 | 1,236 | (216) | 187 | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (112) | (929) | (406) | (998) | (1,102) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | 2,494 | 1,058 | (1,912) | 20,196 | (21,846) | | Net Cash from Operating Activities | 85,840 | 65,517 | 65,058 | 96,562 | 44,615 | | | | Proceeds from Sale/Mat. Inv. | 359,304 | 305,514 | 271,128 | 331,719 | 719,040 | | Purchase of Investment Securities | (386,651) | (345,537) | (306,657) | (293,857) | (726,330) | | Net Increase Fed. Funds Sold | 710 | 1,447 | (3,417) | (2,799) | (10,344) | | Purchase of Property & Equipment | (2,355) | (4,176) | (6,055) | (7,357) | (7,827) | | Acquisitions | - | (23,530) | (6,129) | - | - | | Other Investment Changes, Net | (68,653) | (210,252) | (154,960) | (252,403) | (282,311) | | Net Cash from Investing Activities | (97,645) | (276,534) | (206,090) | (224,697) | (307,772) | | | Net Change in Deposits | 75,855 | 307,033 | 86,358 | 72,487 | 66,011 | | Cash Dividends paid | (26,226) | (26,018) | (24,673) | (24,251) | (22,173) | | Repayment of Long Term Debt | (142,841) | (19,157) | (40,193) | (5,177) | (100,775) | | Change in Short Term Debt | 23,059 | (99,569) | 106,154 | 35,892 | 197,329 | | Issuance of Long term Debt | 150,000 | 51,547 | 65,155 | 30,000 | 125,000 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 4,353 | 10,131 | 7,161 | 6,964 | 7,675 | | Purchase of Treasury Stock | (48,957) | (17,111) | (23,165) | (9,149) | (6,489) | | Other Financing Activities | 715 | 466 | - | - | - | | Cash from Financing Activities | 35,958 | 207,322 | 176,797 | 106,766 | 266,578 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | 24,153 | (3,695) | 35,765 | (21,369) | 3,421 | | | Cash at Beginning of Period | 138,793 | 142,488 | 106,723 | 128,092 | 124,623 | | Cash at End of Period | 162,946 | 138,793 | 142,488 | 106,723 | 128,044 | | | |
