|
Cash Flow for
Washington Banking Company
(WBCO)
|
|
|
|
|
|
|
| Cash Flow |
in Thousands of Dollars |
|
|
| Net Income |
16,844 |
15,952 |
25,570 |
6,214 |
8,332 |
| Provision for Loan Loss |
9,744 |
10,050 |
13,486 |
10,200 |
5,050 |
| Depreciation and Amortization |
2,931 |
3,730 |
2,921 |
1,798 |
2,290 |
| Deferred Income Taxes |
(3,198) |
2,419 |
2,130 |
(1,352) |
(336) |
| Change in Assets (Receivables) |
- |
(1,908) |
(2,199) |
(3,717) |
(729) |
| Change in Liabilities (Payables) |
8,562 |
2,897 |
(14,688) |
(592) |
406 |
| Investment Securities Gain |
(931) |
- |
- |
- |
- |
| Net Policy Acquisition Cost |
- |
- |
- |
- |
- |
| Realized Investment Gains |
4,378 |
(139,338) |
(133,995) |
(57) |
(32) |
| Net Premiums Receivables |
- |
- |
- |
- |
- |
| Change in Income Taxes |
- |
- |
- |
- |
- |
| Other Non-Cash Items |
26,633 |
131,046 |
104,319 |
308 |
(52) |
| Net Cash from Operating Activities |
70,906 |
24,848 |
(2,456) |
12,802 |
14,929 |
|
|
| Proceeds from Sale/Mat. Inv. |
146,175 |
95,306 |
53,947 |
7,717 |
4,883 |
| Purchase of Investment Securities |
(197,558) |
(189,494) |
(143,605) |
(70,866) |
(8,556) |
| Net Increase Fed. Funds Sold |
- |
- |
- |
- |
(446) |
| Purchase of Property & Equipment |
(1,689) |
(1,672) |
(13,922) |
(2,276) |
24 |
| Acquisitions |
- |
- |
351,287 |
- |
- |
| Other Investment Changes, Net |
N/A |
151,923 |
60,422 |
119 |
(23,747) |
| Net Cash from Investing Activities |
(58,490) |
56,063 |
308,129 |
(65,306) |
(27,842) |
|
| Net Change in Deposits |
(3,371) |
(25,876) |
(262,400) |
99,511 |
(11,194) |
| Cash Dividends paid |
(7,717) |
(3,106) |
(3,387) |
(2,983) |
(2,417) |
| Repayment of Long Term Debt |
- |
- |
(10,000) |
(20,000) |
(38,860) |
| Change in Short Term Debt |
- |
- |
(50,152) |
(11,640) |
- |
| Issuance of Long term Debt |
- |
- |
- |
- |
60,000 |
| Issuance of Preferred Stock |
- |
- |
- |
26,380 |
- |
| Issuance of Common Stock |
- |
301 |
104 |
49,081 |
302 |
| Purchase of Treasury Stock |
- |
(1,625) |
- |
- |
- |
| Other Financing Activities |
N/A |
(26,379) |
8 |
6 |
20 |
| Cash from Financing Activities |
(10,756) |
(56,685) |
(325,827) |
140,355 |
7,851 |
|
|
| Effect of Exchange Rate Changes |
- |
- |
- |
- |
- |
| Net Change in Cash & Equivalents |
1,660 |
24,226 |
(20,154) |
87,851 |
(5,062) |
|
| Cash at Beginning of Period |
105,913 |
81,687 |
101,841 |
13,990 |
19,052 |
| Cash at End of Period |
107,573 |
105,913 |
81,687 |
101,841 |
13,990 |
| Total Risk-Based Capital Ratio |
0.19 |
19.73 |
0.00 |
0.00 |
13.23 |
|
|
|
