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, 2012
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (Loss) Income $ (2,888) $ 3,455
Adjustments to Reconcile Net (Loss) Income to Cash Provided by Operating Activities:    
Provision for Loan Losses 10,536 7,678
Depreciation 3,388 3,464
Amortization of Premiums, Discounts, and Fees (net) 1,614 1,896
Amortization of Intangible Assets 215 460
Net Decrease in Loans Held-for-Sale 4,256 (13)
Stock-Based Compensation 87 391
Deferred Income Taxes (1,577) 417
Loss on Sales and Write-Downs of Other Real Estate Owned 4,408 4,533
Net (Increase) Decrease in Other Assets 1,110 8,204
Net Increase in Other Liabilities 9,274 7,241
Net Cash Provided By Operating Activities 30,423 37,726
Securities Available-for-Sale:    
Purchases (59,735) (42,238)
Sales 805   
Payments, Maturities, and Calls 82,883 46,824
Net Decrease in Loans 45,439 36,176
Proceeds From Sales of Other Real Estate Owned 11,342 15,314
Purchases of Premises and Equipment (2,699) (685)
Net Cash Provided By In Investing Activities 78,035 55,391
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Increase in Deposits (22,133) (2,965)
Net Decrease in Short-Term Borrowings 18,893 (27,691)
Increase in Other Long-Term Borrowings 3,070 789
Repayment of Other Long-Term Borrowings (1,646) (1,694)
Dividends Paid    (3,425)
Issuance of Common Stock 335 413
Net Cash Provided by Financing Activities (1,481) (34,573)
NET INCREASE IN CASH AND CASH EQUIVALENTS 106,977 58,544
Cash and Cash Equivalents at Beginning of Period 385,314 236,193
Cash and Cash Equivalents at End of Period 492,291 294,737
Supplemental Disclosure:    
Loans Transferred to Other Real Estate Owned 11,209 22,926
Transfer of Current Portion of Long-Term Borrowings $ 7,184