Thomasville Bancshares, Inc.

THVB · OTC
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9/30/2008
6/30/2008
3/31/2008
12/31/2007
Operating Activities
Net Income$1,098$1,074$1,113$1,195
Dep. & Amort.$97$101$101$96
Deferred Tax$0$75$75$0
Stock-Based Comp.$38$38$38$0
Change in WC$593$134$752-$290
Other Non-Cash-$74$336-$188$485
Operating Cash Flow$1,752$1,757$1,891$1,487
Investing Activities
PP&E Inv.-$105-$50-$26-$348
Net Acquisitions-$8,852-$2,704-$7,374$38,709
Inv. Purchases-$1,004-$2,005-$4,367-$2,515
Inv. Sales/Matur.$2,259$3,342$6,472$4,404
Other Inv. Act.$456-$446-$520-$66
Investing Cash Flow-$7,246-$1,863-$5,815$40,185
Financing Activities
Debt Repay.-$10,484$9,833$7,731$1,833
Stock Issued$27$55$20$14
Stock Repurch.$0$0$0$0
Dividends Paid-$1,484$0$0$0
Other Fin. Act.$17,066-$12,322-$3,680-$41,462
Financing Cash Flow$5,126-$2,433$4,071-$39,614
Forex Effect$0$0$0$0
Net Chg. in Cash-$368-$2,539$148$2,057
Supplemental Information
Beg. Cash$4,987$7,526$7,378$5,321
End Cash$4,619$4,987$7,526$7,378
Free Cash Flow$1,647$1,707$1,865$1,139