| Income Statement for Yadkin Valley Financial Corp. (YAVY) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | Total Interest Income | 75,193 | 67,306 | 53,251 | 42,663 | 33,127 | | Total Interest Expense | (33,301) | (26,429) | (18,586) | (12,211) | (10,281) | | Net Interest Income | 41,892 | 40,877 | 34,665 | 30,452 | 22,846 | | Loan Loss Provision | (2,489) | (2,165) | (1,724) | (1,620) | (1,280) | | Net Interest Income After Loan Loss Provision | 39,403 | 38,712 | 32,941 | 28,832 | 21,566 | | Non-Interest Income | 15,444 | 14,345 | 13,244 | 9,228 | 7,291 | | Non-Interest Expense | (32,959) | (32,093) | (29,627) | (24,016) | (15,811) | | Special Income/Charges | - | - | - | - | - | | Net Income Before Taxes | 21,889 | 20,964 | 16,557 | 14,044 | 13,045 | | Premium Tax (Credit) | - | - | - | - | - | | Minority Interest | - | - | - | - | - | | Income Taxes | (7,201) | (7,172) | (5,399) | (4,560) | (4,126) | | Net Income from Continuing Operations | 14,688 | 13,792 | 11,158 | 9,485 | 8,919 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 14,688 | 13,792 | 11,158 | 9,485 | 8,919 | | Extraordinary Income/Loss | - | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | - | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 14,688 | 13,792 | 11,158 | 9,485 | 8,919 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.50 | 0.46 | 0.42 | 0.40 | 0.40 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 1.39 | 1.30 | 1.04 | 0.90 | 1.02 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 1.39 | 1.30 | 1.04 | 0.90 | 1.02 | | Basic EPS from Extraordinary Inc | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Cum. Effect of Acct Chg | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Other Gains(Loss) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS, Total | 1.39 | 1.30 | 1.04 | 0.90 | 1.02 | | | Basic Normalized Net Income/Share | 1.39 | 1.30 | 1.04 | 0.90 | 1.02 | | | Diluted EPS from Continuing Operations | 1.37 | 1.28 | 1.03 | 0.89 | 1.00 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 1.37 | 1.28 | 1.03 | 0.89 | 1.00 | | Diluted EPS from Extraordinary Inc | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Cum. Effect of Acct Chg | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Tax Loss Carryforward | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Other Gains(Loss) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS, Total | 1.37 | 1.28 | 1.03 | 0.89 | 1.00 | | | Diluted Normalized Net Income/Share | 1.37 | 1.28 | 1.03 | 0.89 | 1.00 | | | |
