| Cash Flow for Reliance Bancshares Inc (RLBS) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | | | Net Income | 2,115 | 3,016 | 1,923 | | Provision for Loan Loss | 3,186 | 2,200 | 2,333 | | Depreciation & Amortization | 1,631 | 1,044 | 1,213 | | Deferred Income Taxes | (538) | (682) | (439) | | Change in Assets (Receivables) | (759) | (913) | (1,338) | | Change in Liabilities (Payables) | 917 | 980 | 839 | | Investment Securities Gain | (157) | - | - | | Net Policy Acquisition Cost | - | - | - | | Realized Investment Gains | - | (14) | 103 | | Net Premiums Receivables | - | - | - | | Change in Income Taxes | - | - | - | | Other Non-Cash Items | 613 | (312) | 636 | | Net Cash from Operating Activities | 7,008 | 5,320 | 5,271 | | | | Proceeds from Sale/Mat. Inv. | 55,259 | 59,367 | 28,029 | | Purchase of Investment Securities | (25,620) | (59,314) | (98,812) | | Net Increase Fed. Funds Sold | - | - | - | | Purchase of Property & Equipment | (13,154) | (9,907) | (7,862) | | Acquisitions | - | - | - | | Other Investment Changes, Net | (248,941) | (195,555) | (173,050) | | Net Cash from Investing Activities | (232,456) | (205,408) | (251,695) | | | Net Change in Deposits | 155,979 | 102,172 | 244,742 | | Cash Dividends paid | - | - | - | | Repayment of Long Term Debt | (4,300) | - | (1,500) | | Change in Short Term Debt | 17,862 | 53,615 | (14,961) | | Issuance of Long term Debt | 48,000 | 10,000 | 10,000 | | Issuance of Preferred Stock | - | 156 | 64 | | Issuance of Common Stock | 14,868 | 26,825 | 18,575 | | Purchase of Treasury Stock | (2,116) | (154) | (199) | | Other Financing Activities | (30) | (22) | (32) | | Cash from Financing Activities | 230,264 | 192,592 | 256,688 | | | | Effect of Exchange Rate Changes | - | - | - | | Net Change in Cash & Equivalents | 4,816 | (7,496) | 10,264 | | | Cash at Beginning of Period | 8,474 | 15,970 | 5,706 | | Cash at End of Period | 13,290 | 8,474 | 15,970 | | | |
