| Cash Flow for Potomac Bancshares Inc (PTBS) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 3,530 | 4,035 | 3,664 | 3,090 | 2,674 | | Provision for Loan Loss | 678 | 331 | 330 | 289 | 148 | | Depreciation & Amortization | 505 | 582 | 647 | 706 | 777 | | Deferred Income Taxes | (250) | (190) | (41) | (32) | 20 | | Change in Assets (Receivables) | (9,883) | (895) | (1,362) | (448) | (2,965) | | Change in Liabilities (Payables) | 95 | (50) | 571 | 141 | 163 | | Investment Securities Gain | - | - | 369 | 26 | (99) | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | 20 | - | - | - | - | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | - | - | | Other Non-Cash Items | 125 | (19) | 148 | 416 | 1,359 | | Net Cash from Operating Activities | (5,181) | 3,794 | 4,326 | 4,188 | 2,077 | | | | Proceeds from Sale/Mat. Inv. | 24,505 | 18,000 | 22,900 | 21,974 | 21,118 | | Purchase of Investment Securities | (20,842) | (13,437) | (23,331) | (25,805) | (14,516) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | (384) | (958) | (836) | (1,401) | (1,158) | | Acquisitions | - | - | - | - | - | | Other Investment Changes, Net | 4,770 | (19,703) | (31,565) | (38,994) | (23,078) | | Net Cash from Investing Activities | 8,049 | (16,098) | (32,832) | (44,226) | (17,634) | | | Net Change in Deposits | 1,596 | 21,898 | 29,329 | 27,295 | 11,076 | | Cash Dividends paid | (1,420) | (1,295) | (1,137) | (1,002) | (932) | | Repayment of Long Term Debt | (408) | (385) | (5,365) | - | (327) | | Change in Short Term Debt | 2,011 | (9,031) | 1,980 | 8,378 | 3,097 | | Issuance of Long term Debt | - | - | - | 4,655 | - | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | - | - | - | - | - | | Purchase of Treasury Stock | (422) | (429) | - | (141) | (1,461) | | Other Financing Activities | - | - | - | - | - | | Cash from Financing Activities | 1,357 | 10,758 | 24,807 | 39,185 | 11,453 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | 4,225 | (1,546) | (3,699) | (853) | (4,104) | | | Cash at Beginning of Period | 6,926 | 8,472 | 12,171 | 13,024 | 17,128 | | Cash at End of Period | 11,151 | 6,926 | 8,472 | 12,171 | 13,024 | | | |
