| Cash Flow for Seacoast Banking Corp. of Florida (SBCF) | | | | After Hours: $ 8.00 |  0.06 (+0.76%) | Volume: 1.87 k | 4:01 PM EDT Oct 15, 2008 | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 9,765 | 23,854 | 20,759 | 14,922 | 14,016 | | Provision for Loan Loss | 12,745 | 3,285 | 1,317 | 1,000 | - | | Depreciation & Amortization | 2,082 | 2,774 | 3,720 | 5,204 | 10,718 | | Deferred Income Taxes | (4,634) | (1,545) | (552) | (728) | (110) | | Change in Assets (Receivables) | 113 | (5,247) | (2,808) | (813) | 6,383 | | Change in Liabilities (Payables) | 261 | 93 | 1,410 | 1,891 | (1,475) | | Investment Securities Gain | 5,048 | 157 | (128) | (44) | 1,172 | | Net Policy Acquisition Cost | - | - | - | - | - | | Realized Investment Gains | 22 | (1,022) | (36) | (35) | (79) | | Net Premiums Receivables | - | - | - | - | - | | Change in Income Taxes | - | - | - | 2 | 57 | | Other Non-Cash Items | (8,654) | (3,448) | 173 | 11,088 | 83,147 | | Net Cash from Operating Activities | 16,748 | 18,901 | 23,855 | 32,487 | 113,829 | | | | Proceeds from Sale/Mat. Inv. | 311,748 | 263,542 | 265,910 | 268,961 | 510,928 | | Purchase of Investment Securities | (158,871) | (92,627) | (145,326) | (308,198) | (666,232) | | Net Increase Fed. Funds Sold | (2,255) | (1,414) | - | - | - | | Purchase of Property & Equipment | (6,799) | (6,991) | (3,601) | (4,004) | (2,610) | | Acquisitions | - | - | - | - | - | | Other Investment Changes, Net | (170,604) | (190,688) | (146,473) | (189,613) | (23,306) | | Net Cash from Investing Activities | (26,781) | (28,178) | (29,490) | (232,854) | (181,220) | | | Net Change in Deposits | 96,307 | (194,091) | 89,491 | 243,026 | 98,920 | | Cash Dividends paid | (12,180) | (11,225) | (9,612) | (8,300) | (7,086) | | Repayment of Long Term Debt | (118,376) | (19,000) | - | - | - | | Change in Short Term Debt | 50,000 | 103,555 | 8,009 | 12,761 | (28,809) | | Issuance of Long term Debt | - | - | 47,238 | - | - | | Issuance of Preferred Stock | - | - | - | - | - | | Issuance of Common Stock | - | - | 1,324 | 1,247 | 899 | | Purchase of Treasury Stock | - | - | - | (3,872) | (1,172) | | Other Financing Activities | 542 | 1,760 | - | - | - | | Cash from Financing Activities | 16,293 | (119,001) | 136,450 | 244,862 | 62,752 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash & Equivalents | 6,260 | (128,278) | 130,815 | 44,495 | (4,639) | | | Cash at Beginning of Period | 92,215 | 220,493 | 89,678 | 45,183 | 49,822 | | Cash at End of Period | 98,475 | 92,215 | 220,493 | 89,678 | 45,183 | | | |
