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, unless otherwise specified
 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (Loss) $ 1,682 $ (2,888)
Adjustments to Reconcile Net Income (Loss) to Cash Provided by Operating Activities:    
Provision for Loan Losses 2,520 10,536
Depreciation 3,237 3,388
Amortization of Premiums, Discounts, and Fees (net) 2,111 1,614
Amortization of Intangible Assets 116 215
Impairment Loss on Security 200   
Net (Increase) Decrease in Loans Held-for-Sale (1,173) 4,256
Stock-Based Compensation 643 87
Deferred Income Taxes 1,557 (1,577)
Loss on Sales and Write-Downs of Other Real Estate Owned 3,316 4,408
Net (Increase) Decrease in Other Assets (398) 1,110
Net Increase in Other Liabilities 6,309 9,274
Net Cash Provided By Operating Activities 20,120 30,423
Securities Available-for-Sale:    
Purchases (127,329) (59,735)
Sales    805
Payments, Maturities, and Calls 69,743 82,883
Net Decrease in Loans 55,507 45,439
Proceeds From Sales of Other Real Estate Owned 12,357 11,342
Purchase of Premises & Equipment (888) (2,699)
Net Cash Provided By Investing Activities 9,390 78,035
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Decrease in Deposits (73,873) (22,133)
Net (Decrease) Increase in Short-Term Borrowings (5,782) 18,893
Increase in Other Long-Term Borrowings 1,303 3,070
Repayment of Other Long-Term Borrowings (2,483) (1,646)
Issuance of Common Stock 861 335
Net Cash Used In Financing Activities (79,974) (1,481)
NET INCREASE IN CASH AND CASH EQUIVALENTS (50,464) 106,977
Cash and Cash Equivalents at Beginning of Period 509,732 385,314
Cash and Cash Equivalents at End of Period 459,268 492,291
Supplemental Cash Flow Disclosures:    
Interest Paid 1,643 2,227
Income Taxes Paid, Net of Refunds Received (286) 170
Noncash Investing and Financing Activities:    
Loans Transferred to Other Real Estate Owned 17,334 11,209
Transfer of Current Portion of Long-Term Borrowings $ 4,428 $ 7,184