| Cash Flow for Qnb Corp (QNBC) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 3,047 | 5,420 | 5,046 | 6,203 | 5,648 | | Provision for Loan Loss | 700 | 345 | - | - | - | | Depreciation & Amortization | 677 | 1,268 | 1,759 | 1,840 | 2,320 | | Deferred Income Taxes | (446) | (183) | (81) | 299 | (2) | | Change in Assets (Receivables) | (259) | (369) | (176) | 225 | (68) | | Change in Liabilities (Payables) | 354 | 719 | (551) | (386) | (64) | | Investment Securities Gain | 2,815 | (313) | (526) | (849) | 134 | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | (120) | (55) | 66 | 1,052 | (923) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | 91 | - | (338) | 282 | (121) | | Other Non-Cash Items | (133) | (159) | 1,326 | 635 | 2,728 | | Net Cash from Operating Activities | 6,725 | 6,673 | 6,525 | 9,301 | 9,652 | | | | Proceeds from Sale/Mat. Inv. | 138,390 | 73,655 | 82,876 | 127,860 | 159,677 | | Purchase of Investment Securities | (105,683) | (58,550) | (52,930) | (130,878) | (194,968) | | Net Increase Fed. Funds Sold | - | - | - | - | - | | Purchase of Property & Equipment | (1,029) | (1,789) | (651) | (1,460) | (479) | | Acquisitions | - | - | - | - | - | | Other Investment Changes, Net | (37,636) | (42,323) | (33,294) | (37,293) | (19,050) | | Net Cash from Investing Activities | (5,958) | (29,007) | (3,999) | (41,771) | (54,820) | | | Net Change in Deposits | 15,202 | 20,252 | (7,818) | 27,849 | 49,726 | | Cash Dividends paid | (2,755) | (2,626) | (2,420) | (2,292) | (2,042) | | Repayment of Long Term Debt | (52,000) | - | - | - | - | | Change in Short Term Debt | 3,877 | 7,517 | 6,222 | 2,958 | (4,069) | | Issuance of Long term Debt | 25,000 | - | - | - | - | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | 124 | 421 | 112 | 74 | 142 | | Purchase of Treasury Stock | - | - | - | - | - | | Other Financing Activities | 4 | 66 | - | - | - | | Cash from Financing Activities | (10,548) | 25,630 | (3,904) | 28,589 | 43,757 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | (9,781) | 3,296 | (1,378) | (3,881) | (1,411) | | | Cash at Beginning of Period | 24,103 | 20,807 | 22,185 | 26,066 | 27,477 | | Cash at End of Period | 14,322 | 24,103 | 20,807 | 22,185 | 26,066 | | | |
