| Cash Flow for PacWest Bancorp (PACW) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 90,326 | 75,998 | 50,366 | 36,363 | 32,055 | | Provision for Loan Loss | 3,000 | 9,600 | 1,420 | 465 | 300 | | Depreciation & Amortization | 23,057 | 18,874 | 12,740 | 16,840 | 9,988 | | Deferred Income Taxes | - | - | - | - | - | | Change in Assets (Receivables) | 6,776 | 13,997 | 14,694 | 9,271 | (9,865) | | Change in Liabilities (Payables) | (10,177) | (23,752) | (8,052) | (12,955) | (15,542) | | Investment Securities Gain | - | 2,332 | 45 | 6 | (1,756) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (8,880) | (59) | (596) | (1,804) | (913) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | 80,963 | (2,570) | 1,289 | 1,632 | (281) | | Net Cash from Operating Activities | 185,065 | 94,420 | 71,906 | 49,818 | 13,986 | | | | Proceeds from Sale/Mat. Inv. | 58,494 | 207,972 | 66,927 | 172,510 | 381,278 | | Purchase of Investment Securities | (72,451) | (2,058) | (37,550) | (2,721) | (484,603) | | Net Increase Fed. Funds Sold | 3,356 | 12,268 | 277 | (8,153) | (7,161) | | Purchase of Property & Equipment | 5,055 | (7,235) | (2,992) | (2,724) | (3,518) | | Acquisitions | (1,600) | (218) | 92,308 | (37,347) | (806) | | Other Investment Changes, Net | 351,177 | (258,072) | (123,657) | (310,362) | 46,392 | | Net Cash from Investing Activities | 344,031 | (47,343) | (4,687) | (188,797) | (68,418) | | | Net Change in Deposits | (440,587) | (373,488) | (386,644) | 325,938 | (29,791) | | Cash Dividends paid | (37,473) | (29,956) | (15,952) | (13,158) | (10,388) | | Repayment of Long Term Debt | (94,394) | (20,620) | - | (60,700) | - | | Change in Short Term Debt | - | - | 70,300 | 36,300 | 52,477 | | Issuance of Long term Debt | 113,000 | 305,505 | - | 61,856 | 20,620 | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 738 | 110,545 | 51,058 | 3,456 | 1,716 | | Purchase of Treasury Stock | (123,274) | - | - | - | - | | Other Financing Activities | 3,347 | 6,585 | - | - | - | | Cash from Financing Activities | (578,643) | (1,429) | (281,238) | 353,692 | 34,634 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (49,547) | 45,648 | (214,019) | 214,713 | (19,798) | | | Cash at Beginning of Period | 150,910 | 105,262 | 319,281 | 104,568 | 124,366 | | Cash at End of Period | 101,363 | 150,910 | 105,262 | 319,281 | 104,568 | | | |
