Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 8,450 $ 6,514
Adjustments to Reconcile Net Income to Cash Provided by Operating Activities:    
Provision for Loan Losses 355 1,081
Depreciation 5,198 4,908
Amortization of Premiums, Discounts, and Fees (net) 4,642 3,677
Impairment Loss on Security 0 90
Gain (Loss) on Extinguishment of Debt (2,487) 0
Net Decrease (Increase) in Loans Held-for-Sale 1,122 (272)
Stock Compensation 743 783
Deferred Income Taxes 3,087 2,882
Loss on Sales and Write-Downs of Other Real Estate Owned 2,523 2,138
Loss on Sale or Disposal of Premises and Equipment 131 20
Net (Increase) Decrease in Other Assets (6,610) 1,347
Net Increase in Other Liabilities 6,733 4,792
Net Cash Provided By Operating Activities 23,887 27,960
Securities Held to Maturity:    
Purchases (40,320) (65,190)
Payments, Maturities, and Calls 37,495 33,859
Securities Available for Sale:    
Purchases (125,975) (167,438)
Payments, Maturities, and Calls 74,450 63,278
Payments for (Proceeds from) Loans Receivable (68,775) (51,385)
Proceeds From Sales of Other Real Estate Owned 7,338 12,122
Purchases of Premises and Equipment, net (3,696) (2,400)
Net Cash Used In Investing Activities (119,483) (177,154)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net (Decrease) Increase in Deposits 12,258 (31,811)
Net Increase in Short-Term Borrowings (50,023) 15,930
Repayments Of Subordinated Notes (7,500) 0
Repayment of Other Long-Term Borrowings (5,819) (2,055)
Dividends Paid (2,050) (1,555)
Payments to Repurchase Common Stock (6,312) (5,982)
Issuance of Common Stock Under Compensation Plans 321 315
Net Cash (Used In) Provided By Financing Activities (59,125) (25,158)
NET DECREASE IN CASH AND CASH EQUIVALENTS (154,721) (174,352)
Cash and Cash Equivalents at Beginning of Period 378,905 385,056
Cash and Cash Equivalents at End of Period 224,184 210,704
Supplemental Cash Flow Disclosures:    
Interest Paid 2,422 2,511
Income Taxes Paid (355) 1,593
Noncash Investing and Financing Activities:    
Loans Transferred to Other Real Estate Owned 3,309 4,073
Transfer of Current Portion of Long-Term Borrowings $ 1,078 $ 0