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 ($)
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 5,773,000 $ 2,744,000
Adjustments to Reconcile Net Income to Cash Provided by Operating Activities:    
Provision for Loan Losses 745,000 310,000
Depreciation 1,605,000 1,735,000
Amortization of Premiums, Discounts, and Fees (net) 1,723,000 1,575,000
Net Decrease (Increase) in Loans Held-for-Sale (28,000) 3,388,000
Stock Compensation 331,000 408,000
Excess Tax Benefit From Share Based Compensation Operating Activities (41,000) 0
Deferred Income Taxes 1,407,000 1,174,000
Loss on Sales and Write-Downs of Other Real Estate Owned 554,000 490,000
Loss on Sale or Disposal of Premises and Equipment 0 0
Net (Increase) Decrease in Other Assets (6,173,000) 7,926,000
Net Increase in Other Liabilities (3,706,000) 4,168,000
Net Cash Provided By Operating Activities 2,190,000 23,918,000
Securities Held to Maturity:    
Purchases (35,953,000) (10,738,000)
Payments, Maturities, and Calls 26,696,000 29,338,000
Securities Available for Sale:    
Purchases (49,749,000) (50,022,000)
Payments, Maturities, and Calls 55,221,000 30,732,000
Payments To Acquire Loans Held For Investment (3,965,000) (18,513,000)
Payments for (Proceeds from) Loans Receivable (5,514,000) (6,099,000)
Proceeds From Sales of Other Real Estate Owned 364,000 2,114,000
Purchases of Premises and Equipment, net (847,000) (923,000)
Net Cash Used In Investing Activities (13,747,000) (24,111,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net (Decrease) Increase in Deposits 29,007,000 47,019,000
Net Increase in Short-Term Borrowings (2,587,000) (2,146,000)
Repayment of Other Long-Term Borrowings (634,000) (1,421,000)
Dividends Paid (1,193,000) (847,000)
Issuance of Common Stock Under Compensation Plans 147,000 88,000
Net Cash (Used In) Provided By Financing Activities 24,740,000 42,693,000
NET DECREASE IN CASH AND CASH EQUIVALENTS 13,183,000 42,500,000
Cash and Cash Equivalents at Beginning of Period 285,442,000 296,047,000
Cash and Cash Equivalents at End of Period 298,625,000 338,547,000
Supplemental Cash Flow Disclosures:    
Interest Paid, Net 1,451,000 808,000
Income Taxes Paid 0 691,000
Noncash Investing and Financing Activities:    
Loans Transferred to Other Real Estate Owned $ 307,000 $ 1,541,000