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
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 1,647 $ 986
Adjustments to Reconcile Net Income to Cash Provided by Operating Activities:    
Provision for Loan Losses 452 293
Depreciation 1,705 1,633
Amortization of Premiums, Discounts, and Fees (net) 1,569 1,045
Gain on Securities Transactions   (2)
Net Decrease (Increase) in Loans Held-for-Sale 1,157 (2,646)
Stock Compensation 247 261
Deferred Income Taxes 693 (1,349)
Loss on Sales and Write-Downs of Other Real Estate Owned 1,076 989
Loss on Sale or Disposal of Premises and Equipment 2 20
Net (Increase) Decrease in Other Assets (2,063) 3,021
Net Increase in Other Liabilities 2,765 2,445
Net Cash Provided By Operating Activities 9,250 6,696
Securities Held to Maturity:    
Purchases (5,064) (33,204)
Payments, Maturities, and Calls 5,631 12,993
Securities Available for Sale:    
Purchases (39,499) (92,106)
Payments, Maturities, and Calls 28,566 29,045
Net Increase in Loans (16,574) (23,436)
Proceeds From Sales of Other Real Estate Owned 1,965 2,598
Purchases of Premises and Equipment, net (917) (945)
Net Cash Used In Investing Activities (25,892) (105,055)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net (Decrease) Increase in Deposits (11,441) 63,220
Net Increase in Short-Term Borrowings 1,427 63
Repayment of Other Long-Term Borrowings (766) (679)
Dividends Paid (689) (527)
Payments to Repurchase Common Stock (50)  
Issuance of Common Stock Under Compensation Plans 78 62
Net Cash (Used In) Provided By Financing Activities (11,441) 62,139
NET DECREASE IN CASH AND CASH EQUIVALENTS (28,083) (36,220)
Cash and Cash Equivalents at Beginning of Period 378,905 385,056
Cash and Cash Equivalents at End of Period 350,822 348,836
Supplemental Cash Flow Disclosures:    
Interest Paid 829 844
Income Taxes Paid 50 8
Noncash Investing and Financing Activities:    
Loans Transferred to Other Real Estate Owned 1,201 $ 1,742
Transfer of Current Portion of Long-Term Borrowings $ 437