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
 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 6,305 $ 5,577
Adjustments to Reconcile Net Income to Cash Provided by Operating Activities:    
Provision for Loan Losses 899 355
Depreciation 3,352 3,435
Amortization of Premiums, Discounts, and Fees (net) 3,279 3,037
Gain (Loss) on Extinguishment of Debt 0 (2,487)
Net Decrease (Increase) in Loans Held-for-Sale 2,673 (414)
Stock Compensation 869 495
Excess Tax Benefit From Share Based Compensation Operating Activities (223) 0
Deferred Income Taxes 944 3,586
Loss on Sales and Write-Downs of Other Real Estate Owned 695 1,980
Loss on Sale or Disposal of Premises and Equipment 260 92
Net (Increase) Decrease in Other Assets 7,026 (6,679)
Net Increase in Other Liabilities 9,948 10,787
Net Cash Provided By Operating Activities 36,027 19,764
Securities Held to Maturity:    
Purchases (28,298) (28,588)
Payments, Maturities, and Calls 48,096 11,513
Securities Available for Sale:    
Purchases (87,273) (90,322)
Payments, Maturities, and Calls 77,973 55,619
Payments To Acquire Loans Held For Investment (35,499) 0
Payments for (Proceeds from) Loans Receivable (26,101) (31,218)
Proceeds From Sales of Other Real Estate Owned 3,393 5,107
Purchases of Premises and Equipment, net (1,534) (2,021)
Net Cash Used In Investing Activities (49,243) (79,910)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net (Decrease) Increase in Deposits (40,353) 21,957
Net Increase in Short-Term Borrowings (3,644) (51,886)
Repayments Of Subordinated Notes 0 (7,500)
Repayment of Other Long-Term Borrowings (2,250) (1,427)
Dividends Paid (1,696) (1,378)
Payments to Repurchase Common Stock 0 (6,312)
Issuance of Common Stock Under Compensation Plans 290 272
Net Cash (Used In) Provided By Financing Activities (47,653) (46,274)
NET DECREASE IN CASH AND CASH EQUIVALENTS (60,869) (106,420)
Cash and Cash Equivalents at Beginning of Period 296,047 378,905
Cash and Cash Equivalents at End of Period 235,178 272,485
Supplemental Cash Flow Disclosures:    
Interest Paid 1,748 1,630
Income Taxes Paid 4,024 (375)
Noncash Investing and Financing Activities:    
Loans Transferred to Other Real Estate Owned 1,685 2,419
Transfer of Current Portion of Long-Term Borrowings $ 0 $ 437