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
 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 7,339 $ 3,273
Adjustments to Reconcile Net Income to Cash Provided by Operating Activities:    
Provision for Loan Losses 1,282 3,075
Depreciation 4,869 4,830
Amortization of Premiums, Discounts, and Fees (net) 3,619 3,422
Amortization of Intangible Assets 32 162
Impairment Loss on Security    410
Net Decrease in Loans Held-for-Sale 2,365 367
Stock Based Compensation 635 914
Deferred Income Taxes 1,280 1,802
Loss on Disposal of Fixed Assets 12 18
Loss on Sales and Write-Downs of Other Real Estate Owned 3,423 4,042
Net Decrease in Other Assets 1,144 1,197
Net (Decrease) Increase in Other Liabilities (2,248) 6,470
Net Cash Provided By Operating Activities 23,752 29,982
Securities Held to Maturity:    
Purchases (56,249) (39,115)
Payments, Maturities, and Calls 30,078 4,141
Securities Available-for-Sale:    
Purchases (159,741) (142,336)
Payments, Maturities, and Calls 86,149 99,708
Net (Increase) Decrease in Loans (42,808) 61,354
Proceeds From Sales of Other Real Estate Owned 15,043 17,397
Purchase of Premises & Equipment (4,042) (1,458)
Net Cash Used In Investing Activities (131,570) (309)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Decrease in Deposits (102,670) (128,110)
Net (Decrease) Increase in Short-Term Borrowings (10,263) 55
Increase in Other Long-Term Borrowings    1,303
Repayment of Other Long-Term Borrowings (4,210) (3,490)
Dividends Paid (1,046)   
Payments to Repurchase Common Stock (269)   
Issuance of Common Stock Under Compensation Plans 371 842
Net Cash Used In Financing Activities (118,087) (129,400)
NET DECREASE IN CASH AND CASH EQUIVALENTS (225,905) (99,727)
Cash and Cash Equivalents at Beginning of Period 529,928 509,732
Cash and Cash Equivalents at End of Period 304,023 410,005
Supplemental Cash Flow Disclosures:    
Interest Paid 2,678 2,364
Income Taxes Paid (Refunded) 2,660 (2,201)
Noncash Investing and Financing Activities:    
Transfer of Securities Available for Sale to Held to Maturity    62,488
Loans Transferred to Other Real Estate Owned 12,121 21,030
Transfer of Current Portion of Long-Term Borrowings $ 1,528 $ 4,428