BLUE RIDGE BANKSHARES, INC.  CONSOLIDATED STATEMENTS OF CASH FLOWS  December 31,2012 and 2011  The Notes to the Consolidated Financial Statements are an integral part of these statements.  -y $ 1,516,362 $  670,000  (60,361)  (1,182,846)  112,561  (30,437)  (20,322)  102,802  222,101  789,577  12,694  313,600  17,250  - (71.500)  875.119  2.391.481  (22.277.424)  (783.215)  1.158.497  325,000  (45,086)  9,288,066  - (66,445)  - 150.000  223,000  267,250  - (572,269)  (111,517)  (555,000)  (73,300)  8,829.699  9,988.196  (38.852.793)  (8,303,752)  2012 2011 CASH FLOWS FROM OPERATING ACTIVITIES  Net income  Adjustments to reconcile net income to net cash  provided by operating activities:  Provision for loan losses  Deferred income taxes  Net (increase) decrease in loans held for sale  Loss on disposition of assets  Securities gains  Gain on sale of other real estate ovraed  Other than temporary impairment losses  Depreciation  Investment amortization expense, net  Amortization of debt refinancing fees  (Increase) Decrease in other assets  Increase (Decrease) in accrued expenses  Purchase of goodwill  Increase in carrying value of life insurance investments  Total adjustments  Net Cash Provided by Operating Activities  CASH FLOWS FROM INVESTING ACTIVrriES  Purchases of securities available for sale  Purchases of securities held to maturity  Proceeds from calls, maturities, sales, paydowns and maUirities of  securities available for sale 28,084,238 5,866,998 Proceeds from calls, maturities, sales, paydowns and maturities of  securities held for investment  Increase in federal fimds sold  Net increase in loans held tor investment  Net cash received fi-om assumption of liabilities  Purchase of bank premises and equipment  Investment in limited liability companies  Nonincome distributions fi’om limited liability companies  (Increase) Decrease in resfricted investments  Net Cash (Used in) Provided by Investing Activities  CASH FLOWS FROM FINANCING ACTIVrTIES  Net change in demand and savings deposits  Net change in time deposits  Federal Home Loan Bank advances  Federal Home Loan Bank repayments  Payment of debt refmancing fees  Increase (Decrease) in federal funds purchased  Preferred stock dividends paid  Common stock dividends paid  Issuance of preferred stock  Issuance of common stock  Net Cash Provided by (Used in) Financing Activities  CASH AND CASH EQUIVALENTS  Net increase in cash and cash equivalents  Cash and Cash Equivalents, Begirming ofYear  Cash and Cash Equivalents. End ofYear  808.486  (3.648,000)  (10.598.874)  - (306.577)  (275,000)  51.436  55.800  (8.889.130)  2.424.333  2.873.611  69,857,000  (66,671,428)  (457,000)  (752,000)  (169,840)  (282,573)  - 3,234  6.825,337  327,688  3,344.344  $ 3.672.032 $  2.678,341  - (10.078.453)  51.440.532  (321,537)  (100,000)  - 36,900  2,366,236  (1.040.826)  (2,300.937)  10,000.000  (20,521,429)  - (1.392,000)  (26.875)  (263.636)  4,500,000  8,693  (11,037,010)  1,317,422  2,026,922  3,344,344 