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, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 5,224 $ 1,682
Adjustments to Reconcile Net Income to Cash Provided by Operating Activities:    
Provision for Loan Losses 858 2,520
Depreciation 3,246 3,237
Amortization of Premiums, Discounts, and Fees (net) 2,521 2,111
Amortization of Intangible Assets 32 116
Impairment Loss on Security    200
Net Increase in Loans Held-for-Sale (1,975) (1,173)
Stock-Based Compensation 526 643
Deferred Income Taxes 1,390 1,557
Loss on Sales and Write-Downs of Other Real Estate Owned 2,382 3,316
Net Decrease (Increase) in Other Assets 1,796 (398)
Net (Decrease) Increase in Other Liabilities (2,834) 6,309
Net Cash Provided By Operating Activities 13,166 20,120
Securities Held to Maturity:    
Purchases (51,311)  
Payments, Maturities, and Calls 18,325  
Securities Available-for-Sale:    
Purchases (89,578) (127,329)
Payments, Maturities, and Calls 64,239 69,743
Net (Increase) Decrease in Loans (29,452) 55,507
Proceeds From Sales of Other Real Estate Owned 12,377 12,357
Purchase of Premises & Equipment (2,002) (888)
Net Cash (Used In) Provided By Investing Activities (77,402) 9,390
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Decrease in Deposits (27,798) (73,873)
Net Decrease in Short-Term Borrowings (15,829) (5,782)
Increase in Other Long-Term Borrowings    1,303
Repayment of Other Long-Term Borrowings (3,521) (2,483)
Dividends Paid (696)  
Issuance of Common Stock Under Compensation Plans 341 861
Net Cash Provided By (Used In) Financing Activities (47,503) (79,974)
NET INCREASE IN CASH AND CASH EQUIVALENTS (111,739) (50,464)
Cash and Cash Equivalents at Beginning of Period 529,928 509,732
Cash and Cash Equivalents at End of Period 418,189 459,268
Supplemental Cash Flow Disclosures:    
Interest Paid 1,915 1,643
Income Taxes Paid 2,635 (286)
Noncash Investing and Financing Activities:    
Loans Transferred to Other Real Estate Owned 9,267 17,334
Transfer of Current Portion of Long-Term Borrowings $ 1,240 $ 4,428