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
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 3,751 $ 839
Adjustments to Reconcile Net Income to Cash Provided by Operating Activities:    
Provision for Loan Losses 359 1,070
Depreciation 1,589 1,628
Amortization of Premiums, Discounts, and Fees (net) 1,315 992
Amortization of Intangible Assets 32 68
Net (Increase) Decrease in Loans Held-for-Sale (1,248) 2,767
Stock-Based Compensation 317 216
Deferred Income Taxes 1,497 1,715
Loss on Sales and Write-Downs of Other Real Estate Owned 840 1,883
Net Decrease (Increase) in Other Assets 783 (7,768)
Net (Decrease) Increase in Other Liabilities (3,448) 3,020
Net Cash Provided By Operating Activities 5,787 6,430
Securities Held to Maturity:    
Purchases (51,311)   
Payments, Maturities, and Calls 7,479   
Securities Available-for-Sale:    
Purchases (9,980) (47,863)
Payments, Maturities, and Calls 30,751 36,270
Net (Increase) Decrease in Loans (8,695) 36,892
Proceeds From Sales of Other Real Estate Owned 4,485 6,101
Purchase of Premises & Equipment (859) (419)
Net Cash (Used In) Provided By Investing Activities (28,130) 30,981
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Increase (Decrease) in Deposits 27,465 (31,014)
Net Decrease in Short-Term Borrowings (3,828) (657)
Repayment of Other Long-Term Borrowings (2,832) (1,731)
Dividends Paid (348)   
Issuance of Common Stock Under Compensation Plans 51 650
Net Cash Provided By (Used In) Financing Activities 20,508 (32,752)
NET INCREASE IN CASH AND CASH EQUIVALENTS (1,835) 4,659
Cash and Cash Equivalents at Beginning of Period 529,928 509,732
Cash and Cash Equivalents at End of Period 528,093 514,391
Supplemental Cash Flow Disclosures:    
Interest Paid 914 865
Income Taxes Paid 1,030 12
Noncash Investing and Financing Activities:    
Loans Transferred to Other Real Estate Owned 1,290 12,979
Transfer of Current Portion of Long-Term Borrowings $ 1,240 $ 3,904