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[] 0 d 0 J 0 j 3 M 424 110.5 m 471 110.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471 110.5 m 475 110.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 110.5 m 522 110.5 l s BT /F3 8.50 Tf ET q 0 0 0 rg BT 454.30 729.24 Td (2013/2012) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 91.50 717.24 Td (Period Ended December 31,) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 324.50 717.24 Td (2013) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 383.00 717.24 Td (2012) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 437.00 717.24 Td (Increase/\(Decrease\)) Tj ET Q BT /F4 8.50 Tf ET q 0 0 0 rg BT 91.50 705.24 Td (\(Dollars in thousands, except per share data\)) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 91.50 689.24 Td (Results of Operations:) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 678.11 Td (Net interest income) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 309.50 678.11 Td ($) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 324.75 678.11 Td (143,895) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 366.50 678.11 Td ($) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 384.75 678.11 Td (144,284) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 426.50 678.11 Td ($) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 444.95 678.11 Td (\(389) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 460.55 678.11 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 493.80 678.11 Td (\(0.27) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 511.55 678.11 Td (\)%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 666.11 Td (Noninterest income \(1\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 329.00 666.11 Td (89,917) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 389.00 666.11 Td (81,184) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 441.40 666.11 Td (8,733) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 492.40 666.11 Td (10.76) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 666.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 654.11 Td (Noninterest expenses) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 324.75 654.11 Td (168,792) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 384.75 654.11 Td (158,749) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 437.15 654.11 Td (10,043) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 654.11 Td (6.33) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 654.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 642.11 Td (Provision for loan losses) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 333.25 642.11 Td (4,248) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 389.00 642.11 Td (16,155) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 434.30 642.11 Td (\(11,907) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 460.55 642.11 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 489.55 642.11 Td (\(73.70) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 511.55 642.11 Td (\)%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 630.11 Td (Net income attributable to TowneBank) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 329.00 630.11 Td (41,762) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 389.00 630.11 Td (37,931) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 441.40 630.11 Td (3,831) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 492.40 630.11 Td (10.10) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 630.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 618.11 Td (Net income per common share - basic) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 337.50 618.11 Td (1.14) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 397.50 618.11 Td (1.03) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 445.65 618.11 Td (0.11) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 492.40 618.11 Td (10.68) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 618.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 606.11 Td (Net income per common share - diluted) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 337.50 606.11 Td (1.14) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 397.50 606.11 Td (1.03) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 445.65 606.11 Td (0.11) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 492.40 606.11 Td (10.68) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 606.11 Td (%) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 91.50 590.24 Td (Period End Data:) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 579.11 Td (Total assets) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 309.50 579.11 Td ($) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 318.35 579.11 Td (4,672,997) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 366.50 579.11 Td ($) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 378.35 579.11 Td (4,405,923) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 426.50 579.11 Td ($) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 432.90 579.11 Td (267,074) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 579.11 Td (6.06) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 579.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 567.11 Td (Total assets - tangible) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 318.35 567.11 Td (4,552,935) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 378.35 567.11 Td (4,286,921) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 432.90 567.11 Td (266,014) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 567.11 Td (6.21) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 567.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 555.11 Td (Earning assets \(2\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 318.35 555.11 Td (4,296,486) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 378.35 555.11 Td (4,033,813) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 432.90 555.11 Td (262,673) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 555.11 Td (6.51) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 555.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 543.11 Td (Loans \(net of unearned income and deferred costs\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 318.35 543.11 Td (3,235,989) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 378.35 543.11 Td (3,133,507) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 432.90 543.11 Td (102,482) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 543.11 Td (3.27) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 543.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 531.11 Td (Allowance for loan losses) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 329.00 531.11 Td (38,380) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 389.00 531.11 Td (40,427) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 438.55 531.11 Td (\(2,047) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 460.55 531.11 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 493.80 531.11 Td (\(5.06) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 511.55 531.11 Td (\)%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 519.11 Td (Goodwill and other intangibles) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 324.75 519.11 Td (120,061) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 384.75 519.11 Td (119,002) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 441.40 519.11 Td (1,059) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 519.11 Td (0.89) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 519.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 507.11 Td (Noninterest-bearing deposits) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 318.35 507.11 Td (1,037,028) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 384.75 507.11 Td (978,818) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 437.15 507.11 Td (58,210) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 507.11 Td (5.95) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 507.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 495.11 Td (Interest-bearing deposits) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 318.35 495.11 Td (2,530,076) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 378.35 495.11 Td (2,401,234) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 432.90 495.11 Td (128,842) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 495.11 Td (5.37) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 495.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 483.11 Td ( Total deposits) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 318.35 483.11 Td (3,567,104) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 378.35 483.11 Td (3,380,052) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 432.90 483.11 Td (187,052) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 483.11 Td (5.53) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 483.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 471.11 Td (Equity) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 324.75 471.11 Td (585,318) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 384.75 471.11 Td (559,879) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 437.15 471.11 Td (25,439) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 471.11 Td (4.54) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 471.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 459.11 Td (Equity - tangible) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 324.75 459.11 Td (465,257) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 384.75 459.11 Td (440,877) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 437.15 459.11 Td (24,380) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 459.11 Td (5.53) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 459.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 447.11 Td (Book value per share) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 333.25 447.11 Td (14.39) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 393.25 447.11 Td (13.30) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 445.65 447.11 Td (1.09) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 447.11 Td (8.20) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 447.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 435.11 Td (Book value per share - tangible) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 333.25 435.11 Td (10.93) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 397.50 435.11 Td (9.52) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 445.65 435.11 Td (1.41) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 492.40 435.11 Td (14.81) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 435.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 423.11 Td (Cash dividends declared per share) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 337.50 423.11 Td (0.38) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 397.50 423.11 Td (0.33) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 445.65 423.11 Td (0.05) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 492.40 423.11 Td (15.15) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 423.11 Td (%) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 91.50 407.24 Td (Daily Average Balances:) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 396.11 Td (Total assets) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 309.50 396.11 Td ($) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 318.35 396.11 Td (4,507,233) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 366.50 396.11 Td ($) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 378.35 396.11 Td (4,201,452) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 426.50 396.11 Td ($) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 432.90 396.11 Td (305,781) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 396.11 Td (7.28) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 396.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 384.11 Td (Total assets - tangible) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 318.35 384.11 Td (4,387,578) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 378.35 384.11 Td (4,087,602) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 432.90 384.11 Td (299,976) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 384.11 Td (7.34) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 384.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 372.11 Td (Earning assets \(2\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 318.35 372.11 Td (4,123,527) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 378.35 372.11 Td (3,811,846) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 432.90 372.11 Td (311,681) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 372.11 Td (8.18) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 372.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 360.11 Td (Loans \(net of unearned income\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 318.35 360.11 Td (3,158,448) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 378.35 360.11 Td (2,910,406) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 432.90 360.11 Td (248,042) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 360.11 Td (8.52) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 360.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 348.11 Td (Allowance for loan losses) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 329.00 348.11 Td (39,698) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 389.00 348.11 Td (40,100) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 444.95 348.11 Td (\(402) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 460.55 348.11 Td (\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 493.80 348.11 Td (\(1.00) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 511.55 348.11 Td (\)%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 336.11 Td (Goodwill and other intangibles) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 324.75 336.11 Td (119,655) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 384.75 336.11 Td (113,850) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 441.40 336.11 Td (5,805) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 336.11 Td (5.10) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 336.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 324.11 Td (Noninterest-bearing deposits) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 318.35 324.11 Td (1,022,168) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 384.75 324.11 Td (904,512) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 432.90 324.11 Td (117,656) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 492.40 324.11 Td (13.01) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 324.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 312.11 Td (Interest-bearing deposits) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 318.35 312.11 Td (2,415,178) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 378.35 312.11 Td (2,370,003) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 437.15 312.11 Td (45,175) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 312.11 Td (1.91) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 312.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 300.11 Td ( Total deposits) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 318.35 300.11 Td (3,437,346) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 378.35 300.11 Td (3,274,515) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 432.90 300.11 Td (162,831) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 300.11 Td (4.97) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 300.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 288.11 Td (Total equity) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 324.75 288.11 Td (574,558) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 384.75 288.11 Td (545,566) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 437.15 288.11 Td (28,992) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 288.11 Td (5.31) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 288.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 276.11 Td (Total equity - tangible) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 324.75 276.11 Td (454,903) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 384.75 276.11 Td (431,716) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 437.15 276.11 Td (23,187) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 276.11 Td (5.37) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 276.11 Td (%) Tj ET Q BT /F3 8.50 Tf ET q 0 0 0 rg BT 91.50 260.24 Td (Key Ratios:) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 249.11 Td (Return on average assets) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 337.50 249.11 Td (0.93) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 352.40 249.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 397.50 249.11 Td (0.90) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 412.40 249.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 445.65 249.11 Td (0.03) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 463.40 249.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 249.11 Td (3.33) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 249.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 237.11 Td (Return on average tangible assets) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 337.50 237.11 Td (0.95) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 352.40 237.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 397.50 237.11 Td (0.93) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 412.40 237.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 445.65 237.11 Td (0.02) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 463.40 237.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 237.11 Td (2.15) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 237.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 225.11 Td (Return on average equity) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 337.50 225.11 Td (7.27) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 352.40 225.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 397.50 225.11 Td (6.95) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 412.40 225.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 445.65 225.11 Td (0.32) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 463.40 225.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 225.11 Td (4.60) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 225.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 213.11 Td (Return on average tangible equity) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 337.50 213.11 Td (9.18) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 352.40 213.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 397.50 213.11 Td (8.79) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 412.40 213.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 445.65 213.11 Td (0.39) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 463.40 213.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 213.11 Td (4.44) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 213.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 201.11 Td (Net interest margin \(2\)\(3\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 337.50 201.11 Td (3.61) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 352.40 201.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 397.50 201.11 Td (3.92) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 412.40 201.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 442.80 201.11 Td (\(0.31) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 460.55 201.11 Td (\)%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 493.80 201.11 Td (\(7.91) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 511.55 201.11 Td (\)%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 189.11 Td (Efficiency ratio \(1\)) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 333.25 189.11 Td (72.19) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 352.40 189.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 393.25 189.11 Td (70.41) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 412.40 189.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 445.65 189.11 Td (1.78) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 463.40 189.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 189.11 Td (2.53) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 189.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 177.11 Td (Average earning assets/total average assets) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 333.25 177.11 Td (91.49) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 352.40 177.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 393.25 177.11 Td (90.73) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 412.40 177.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 445.65 177.11 Td (0.76) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 463.40 177.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 177.11 Td (0.84) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 177.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 165.11 Td (Average loans/average deposits) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 333.25 165.11 Td (91.89) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 352.40 165.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 393.25 165.11 Td (88.88) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 412.40 165.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 445.65 165.11 Td (3.01) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 463.40 165.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 165.11 Td (3.39) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 165.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 153.11 Td (A) Tj ET Q q 0 0 0 rg BT 127.01 153.11 Td (verage noninterest deposits/total average ) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 144.66 Td ( deposits) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 333.25 146.86 Td (29.74) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 352.40 146.86 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 393.25 146.86 Td (27.62) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 412.40 146.86 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 445.65 146.86 Td (2.12) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 463.40 146.86 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 496.65 146.86 Td (7.68) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 514.40 146.86 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 134.11 Td (Allowance for loan losses/period end loans) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 337.50 134.11 Td (1.19) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 352.40 134.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 397.50 134.11 Td (1.29) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 412.40 134.11 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 442.80 134.11 Td (\(0.10) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 460.55 134.11 Td (\)%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 493.80 134.11 Td (\(7.75) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 511.55 134.11 Td (\)%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 122.11 Td (Period end equity/period end ) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 121.50 113.66 Td ( total assets) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 333.25 116.86 Td (12.53) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 352.40 116.86 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 393.25 116.86 Td (12.71) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 412.40 116.86 Td (%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 442.80 116.86 Td (\(0.18) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 460.55 116.86 Td (\)%) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 493.80 116.86 Td (\(1.42) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 511.55 116.86 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 100.20 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 100.20 Td (Notes:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 85.50 89.45 Td (\(1\) Excludes investment securities gains of $61) Tj ET Q q 0 0 0 rg BT 255.63 89.45 Td (1,000 in ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 287.38 89.45 Td (2013) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.38 89.45 Td ( and $3.01 million in ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.87 89.45 Td (2012) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 400.87 89.45 Td (.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 85.50 78.65 Td (\(2\) Includes bank-owned life insurance.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 85.50 67.85 Td (\(3\) Presented on a tax-equivalent basis.) Tj ET Q endstream endobj 11 0 obj <> endobj 12 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 72.00 770.40 Td (T) Tj ET Q q 0 0 0 rg BT 80.76 770.40 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 72.00 757.80 Td (SELECTED FINANCIAL) Tj ET Q q 0 0 0 rg BT 189.57 757.80 Td ( HIGHLIGHTS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 744.3 m 233.5 744.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 742.3 m 233.5 742.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 744.3 m 395.5 744.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 742.3 m 395.5 742.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 744.3 m 557.5 744.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 742.3 m 557.5 742.3 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.50 21.60 Td (3) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 724.5 m 354.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 724.5 m 413.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 724.5 m 417.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 724.5 m 476.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.5 724.5 m 480.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 724.5 m 539.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 724.5 m 354.5 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 117.5 m 354.5 117.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 117.5 m 413.5 117.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 117.5 m 417.5 117.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 117.5 m 476.5 117.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.5 117.5 m 480.5 117.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 117.5 m 539.5 117.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 728.90 Td (Period Ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 374.70 728.90 Td (2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.50 728.90 Td (2010) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.50 728.90 Td (2009) Tj ET Q BT /F4 9.00 Tf ET q 0 0 0 rg BT 74.00 715.90 Td (\(Dollars in thousands, except per share data\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 698.90 Td (Results of Operations:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 686.76 Td (Net interest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.00 686.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.25 686.76 Td (136,222) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 420.00 686.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.25 686.76 Td (122,635) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.00 686.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.25 686.76 Td (100,343) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 674.76 Td (Noninterest income \(1\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.75 674.76 Td (64,052) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.75 674.76 Td (60,089) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 506.75 674.76 Td (51,589) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 662.76 Td (Noninterest expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.25 662.76 Td (144,820) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.25 662.76 Td (122,745) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.25 662.76 Td (111,791) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 650.76 Td (Provision for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.75 650.76 Td (13,602) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.75 650.76 Td (22,565) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 506.75 650.76 Td (12,891) Tj ET Q BT /F2 8.50 Tf ET q 0 0 0 rg BT 104.00 639.11 Td (Net income attributable to TowneBank) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.75 638.76 Td (33,321) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.75 638.76 Td (30,276) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 506.75 638.76 Td (26,759) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 626.76 Td (Net income per common share - basic \(2\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.75 626.76 Td (0.77) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 626.76 Td (0.72) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 626.76 Td (0.65) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 614.76 Td (Net income per common share - diluted \(2\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.75 614.76 Td (0.76) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 614.76 Td (0.71) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 614.76 Td (0.64) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 598.90 Td (Period End Data:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 586.76 Td (Total assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.00 586.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.50 586.76 Td (4,081,770) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 420.00 586.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.50 586.76 Td (3,871,018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.00 586.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.50 586.76 Td (3,606,451) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 574.76 Td (Total assets - tangible) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.50 574.76 Td (3,966,832) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.50 574.76 Td (3,762,072) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.50 574.76 Td (3,506,514) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 562.76 Td (Earning assets \(3\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.50 562.76 Td (3,712,187) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.50 562.76 Td (3,537,322) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.50 562.76 Td (3,295,462) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 550.76 Td (Loans \(net of unearned income and deferred costs\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.50 550.76 Td (2,793,193) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.50 550.76 Td (2,731,352) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.50 550.76 Td (2,565,910) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 538.76 Td (Allowance for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.75 538.76 Td (39,740) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.75 538.76 Td (38,660) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 506.75 538.76 Td (33,793) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 526.76 Td (Goodwill and other intangibles) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.25 526.76 Td (114,938) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.25 526.76 Td (108,946) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 506.75 526.76 Td (99,937) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 514.76 Td (Noninterest-bearing deposits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.25 514.76 Td (839,211) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.25 514.76 Td (706,040) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.25 514.76 Td (572,228) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 502.76 Td (Interest-bearing deposits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.50 502.76 Td (2,351,576) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.50 502.76 Td (2,248,474) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.50 502.76 Td (1,989,474) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 490.76 Td ( Total deposits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.50 490.76 Td (3,190,787) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.50 490.76 Td (2,954,514) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.50 490.76 Td (2,561,702) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 478.76 Td (Shareholders equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.25 478.76 Td (520,489) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.25 478.76 Td (499,512) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.25 478.76 Td (464,321) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 466.76 Td (Shareholders equity - tangible) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.25 466.76 Td (405,551) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.25 466.76 Td (390,566) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.25 466.76 Td (364,384) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 454.76 Td (Book value per share \(2\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.25 454.76 Td (12.65) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 454.76 Td (12.10) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 511.25 454.76 Td (11.52) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 442.76 Td (Book value per share - tangible \(2\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.75 442.76 Td (8.82) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 442.76 Td (8.44) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 442.76 Td (7.99) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 430.76 Td (Cash dividends declared per share \(2\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.75 430.76 Td (0.31) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 430.76 Td (0.31) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 430.76 Td (0.31) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 414.90 Td (Daily Average Balances:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 402.76 Td (Total assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.00 402.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.50 402.76 Td (3,990,783) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 420.00 402.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.50 402.76 Td (3,721,155) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.00 402.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.50 402.76 Td (3,432,368) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 390.76 Td (Total assets - tangible) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.50 390.76 Td (3,877,103) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.50 390.76 Td (3,622,944) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.50 390.76 Td (3,350,603) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 378.76 Td (Earning assets \(3\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.50 378.76 Td (3,604,641) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.50 378.76 Td (3,392,093) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.50 378.76 Td (3,190,132) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 366.76 Td (Loans \(net of unearned income\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.50 366.76 Td (2,678,004) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.50 366.76 Td (2,587,287) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.50 366.76 Td (2,440,060) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 354.76 Td (Allowance for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.75 354.76 Td (40,928) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.75 354.76 Td (35,158) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 506.75 354.76 Td (28,841) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 342.76 Td (Goodwill and other intangibles) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.25 342.76 Td (113,680) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.75 342.76 Td (98,211) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 506.75 342.76 Td (81,764) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 330.76 Td (Noninterest-bearing deposits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.25 330.76 Td (781,992) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.25 330.76 Td (649,840) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.25 330.76 Td (566,435) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 318.76 Td (Interest-bearing deposits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.50 318.76 Td (2,308,099) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.50 318.76 Td (2,101,692) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.50 318.76 Td (1,953,497) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 306.76 Td ( Total deposits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.50 306.76 Td (3,090,091) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.50 306.76 Td (2,751,532) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.50 306.76 Td (2,519,931) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 294.76 Td (Shareholders equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.25 294.76 Td (511,724) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.25 294.76 Td (490,572) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.25 294.76 Td (437,556) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 282.76 Td (Shareholders equity - tangible) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.25 282.76 Td (398,045) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.25 282.76 Td (392,361) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.25 282.76 Td (355,792) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 266.90 Td (Key Ratios:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 254.76 Td (Return on average assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.75 254.76 Td (0.83) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.50 254.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 254.76 Td (0.81) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.50 254.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 254.76 Td (0.78) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 254.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 242.76 Td (Return on average tangible assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.75 242.76 Td (0.86) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.50 242.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 242.76 Td (0.84) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.50 242.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 242.76 Td (0.80) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 242.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 230.76 Td (Return on average equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.75 230.76 Td (6.51) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.50 230.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 230.76 Td (6.17) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.50 230.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 230.76 Td (6.12) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 230.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 218.76 Td (Return on average tangible equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.75 218.76 Td (8.37) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.50 218.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 218.76 Td (7.72) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.50 218.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 218.76 Td (7.52) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 218.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 206.76 Td (Net interest margin \(3\)\(4\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.75 206.76 Td (3.94) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.50 206.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 206.76 Td (3.76) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.50 206.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 206.76 Td (3.29) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 206.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 194.76 Td (Efficiency ratio \(1\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.25 194.76 Td (72.31) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.50 194.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 194.76 Td (67.18) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.50 194.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 511.25 194.76 Td (73.58) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 194.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 182.76 Td (Average earning assets/total average assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.25 182.76 Td (90.32) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.50 182.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 182.76 Td (91.16) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.50 182.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 511.25 182.76 Td (92.94) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 182.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 170.76 Td (Average loans/average deposits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.25 170.76 Td (86.66) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.50 170.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 170.76 Td (94.03) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.50 170.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 511.25 170.76 Td (96.79) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 170.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 158.76 Td (A) Tj ET Q q 0 0 0 rg BT 109.83 158.76 Td (verage noninterest deposits/total average ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 149.81 Td ( deposits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.25 151.96 Td (25.31) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.50 151.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 151.96 Td (23.62) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.50 151.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 511.25 151.96 Td (22.48) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 151.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 138.76 Td (Allowance for loan losses/period end loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.75 138.76 Td (1.42) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.50 138.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 138.76 Td (1.42) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.50 138.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 138.76 Td (1.32) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 138.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 104.00 125.96 Td (Period end equity/period end total assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.25 125.96 Td (12.75) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.50 125.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 125.96 Td (12.90) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.50 125.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 511.25 125.96 Td (12.87) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 125.96 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 107.20 Td (Notes:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 96.45 Td (\(1\) Excludes investment securities gains of $3.68 million, $5.96 million, and $1) Tj ET Q q 0 0 0 rg BT 358.88 96.45 Td (1.15 million in ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.38 96.45 Td (201) Tj ET Q q 0 0 0 rg BT 427.54 96.45 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.04 96.45 Td (, ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.54 96.45 Td (2010) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.54 96.45 Td (, and ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.29 96.45 Td (2009) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 492.29 96.45 Td (, respectively) Tj ET Q q 0 0 0 rg BT 539.68 96.45 Td (.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 85.65 Td (\(2\) Prior period was restated to reflect 3% common stock dividend paid June 12, 2012.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 74.85 Td (\(3\) Includes bank-owned life insurance.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 72.00 64.05 Td (\(4\) Presented on a tax-equivalent basis.) Tj ET Q endstream endobj 13 0 obj <> endobj 14 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.50 21.60 Td (4) Tj ET Q BT /F3 12.00 Tf ET q 0 0 0 rg BT 54.00 680.70 Td (OVER) Tj ET Q q 0 0 0 rg BT 88.25 680.70 Td (VIEW) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 660.50 Td (T) Tj ET Q q 0 0 0 rg BT 59.95 660.50 Td (owneBank \(Company) Tj ET Q q 0 0 0 rg BT 160.35 660.50 Td (, we, us\) is a retail and commercial banking business serving the Greater Hampton ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 647.30 Td (Roads area and northeastern North Carolina. ) Tj ET Q q 0 0 0 rg BT 255.40 647.30 Td (W) Tj ET Q q 0 0 0 rg BT 264.90 647.30 Td (e place special emphasis on serving the financial needs of small- ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 634.10 Td (and medium-size businesses, professionals, and individuals in our geographic footprint. ) Tj ET Q q 0 0 0 rg BT 444.84 634.10 Td (W) Tj ET Q q 0 0 0 rg BT 454.34 634.10 Td (e of) Tj ET Q q 0 0 0 rg BT 470.94 634.10 Td (fer a full range of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 620.90 Td (banking and related financial services through our controlled divisions and subsidiaries. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 594.50 Td (Since our inception, we have expanded our financial services to include banking, real estate, mortgage, title, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 581.30 Td (insurance, employee benefit services, and investments. ) Tj ET Q q 0 0 0 rg BT 300.61 581.30 Td (W) Tj ET Q q 0 0 0 rg BT 310.11 581.30 Td (e have three reportable segments: Banking, Realty) Tj ET Q q 0 0 0 rg BT 530.85 581.30 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 568.10 Td (Insurance. Our Banking segment provides loan and deposit services to retail and commercial customers. ) Tj ET Q q 0 0 0 rg BT 520.55 568.10 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 554.90 Td (Realty segment of) Tj ET Q q 0 0 0 rg BT 133.84 554.90 Td (fers residential real estate services, mortgage loans, and residential and commercial title ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 541.70 Td (insurance. Commercial and retail insurance and employee benefit services are provided through our Insurance ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 528.50 Td (segment.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 502.10 Td (The following is a summary of the Company) Tj ET Q q 0 0 0 rg BT 254.72 502.10 Td (s ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 261.75 502.10 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 283.75 502.10 Td ( financial performance:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 475.70 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 475.70 Td (Net income increased to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 199.34 475.70 Td ($41.76million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 264.13 475.70 Td ( compared with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 335.30 475.70 Td ($37.93million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 400.08 475.70 Td ( in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 414.13 475.70 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 436.13 475.70 Td (. Net income available to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 462.50 Td (common shareholders for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 205.16 462.50 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 227.16 462.50 Td ( was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 249.77 462.50 Td ($37.53 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 314.55 462.50 Td ( after preferred stock dividend payments of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 449.30 Td ($4.23million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 149.28 449.30 Td (. Fully diluted earnings rose to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 289.21 449.30 Td ($1.14) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 313.96 449.30 Td ( per common share as compared to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 470.04 449.30 Td ($1.03) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 494.79 449.30 Td ( per common ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 436.10 Td (share in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 127.26 436.10 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 149.26 436.10 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 409.70 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 409.70 Td (Net interest income decreased $389,000 or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 280.90 409.70 Td (0.27%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 309.32 409.70 Td (, primarily due to the decline in yields on earning assets ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 396.50 Td (and was partially of) Tj ET Q q 0 0 0 rg BT 176.86 396.50 Td (fset by the positive ef) Tj ET Q q 0 0 0 rg BT 271.35 396.50 Td (fect of declining funding costs.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 370.10 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 370.10 Td (The provision for loan losses decreased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 266.56 370.10 Td ($1) Tj ET Q q 0 0 0 rg BT 277.15 370.10 Td (1.91 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 330.93 370.10 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 348.34 370.10 Td (73.70%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 382.26 370.10 Td (, from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 411.89 370.10 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 433.89 370.10 Td (. ) Tj ET Q q 0 0 0 rg BT 441.94 370.10 Td (The loan loss reserve was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 356.90 Td (1.19%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.41 356.90 Td ( of loans at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 234.18 356.90 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 256.18 356.90 Td (, down from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 313.00 356.90 Td (1.29%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 341.42 356.90 Td ( at year) Tj ET Q q 0 0 0 rg BT 373.56 356.90 Td (-end ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 395.86 356.90 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 417.86 356.90 Td (. ) Tj ET Q q 0 0 0 rg BT 425.91 356.90 Td (The decrease in the provision ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 343.70 Td (for loan losses in the current year periods from the comparative prior periods was primarily a result of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 330.50 Td (continued improvements in credit quality combined with a moderation in the pace of loan growth in 2013.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 304.10 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 304.10 Td (Excluding gains on investment securities, noninterest income increased by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 420.53 304.10 Td ($8.73 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 479.81 304.10 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 497.22 304.10 Td (10.76%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 531.13 304.10 Td (, over ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 290.90 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 112.00 290.90 Td (. ) Tj ET Q q 0 0 0 rg BT 120.05 290.90 Td (The primary driver of the increase was the acquisition of two insurance agencies on July 1, 2013 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 277.70 Td (and one agency on December 31, 2012 as we continued to grow our Insurance segment. ) Tj ET Q q 0 0 0 rg BT 481.60 277.70 Td (Also ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 264.50 Td (contributing were increases in residential mortgage banking income and real estate brokerage income.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 238.10 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 238.10 Td (Noninterest expense increased $) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 232.03 238.10 Td (10.04 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 291.31 238.10 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 308.72 238.10 Td (6.33%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 337.13 238.10 Td (, compared to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 400.06 238.10 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 422.06 238.10 Td (. ) Tj ET Q q 0 0 0 rg BT 430.11 238.10 Td (The increase was driven by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 224.90 Td (growth in our operations support personnel, expansion of our mortgage operations, and insurance agency ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 211.70 Td (acquisitions, which led to higher personnel costs and occupancy expenses.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 185.30 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 185.30 Td (The ef) Tj ET Q q 0 0 0 rg BT 118.20 185.30 Td (fective tax rate increased to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 241.88 185.30 Td (29.09%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 275.79 185.30 Td ( in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 289.85 185.30 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 311.85 185.30 Td ( compared to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 372.02 185.30 Td (26.91%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 405.93 185.30 Td ( in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 419.99 185.30 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 441.99 185.30 Td (. ) Tj ET Q q 0 0 0 rg BT 450.04 185.30 Td (The ef) Tj ET Q q 0 0 0 rg BT 478.24 185.30 Td (fective rate ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 172.10 Td (increased as higher taxable income more than of) Tj ET Q q 0 0 0 rg BT 302.68 172.10 Td (fset the increase in federal tax credits from community ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 158.90 Td (reinvestment activity) Tj ET Q q 0 0 0 rg BT 181.84 158.90 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 132.50 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 132.50 Td (Due to our small-business loan growth, the Company qualified for the lowest dividend tier on its Senior ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 119.30 Td (Non-Cumulative Perpetual Preferred Stock, Series C \(Series C Preferred Stock\). ) Tj ET Q q 0 0 0 rg BT 455.75 119.30 Td (The dividend rate on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 106.10 Td (the Series C Preferred Stock will be fixed at 1% through the end of 2015.) Tj ET Q endstream endobj 15 0 obj <> endobj 16 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.50 21.60 Td (5) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 694.60 Td (2013) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 76.00 694.60 Td ( ) Tj ET Q q 0 0 0 rg BT 78.14 694.60 Td (ACQUISITIONS) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.20 Td (Ef) Tj ET Q q 0 0 0 rg BT 64.18 668.20 Td (fective July 1, 2013, the Company acquired two insurance agencies, Hooker and Buchanon Incorporated and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 655.00 Td (Y) Tj ET Q q 0 0 0 rg BT 60.84 655.00 Td (er) Tj ET Q q 0 0 0 rg BT 69.19 655.00 Td (gey Insurance ) Tj ET Q q 0 0 0 rg BT 132.72 655.00 Td (Agency) Tj ET Q q 0 0 0 rg BT 166.21 655.00 Td (, Inc., that are af) Tj ET Q q 0 0 0 rg BT 237.78 655.00 Td (filiated with ) Tj ET Q q 0 0 0 rg BT 293.79 655.00 Td (T) Tj ET Q q 0 0 0 rg BT 299.74 655.00 Td (owne Insurance. ) Tj ET Q q 0 0 0 rg BT 377.12 655.00 Td (The total purchase price for the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.80 Td (transactions was $2.73million in cash and common stock. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 615.40 Td (CRITICAL) Tj ET Q q 0 0 0 rg BT 108.40 615.40 Td ( ) Tj ET Q q 0 0 0 rg BT 110.55 615.40 Td (ACCOUNTING POLICIES) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 589.00 Td (The preparation of financial statements and related disclosures in conformity with accounting principles generally ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.80 Td (accepted in the United States of ) Tj ET Q q 0 0 0 rg BT 195.73 575.80 Td (America \(GAAP\) requires management to make judgments, assumptions, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.55 Td (estimates in certain circumstances that af) Tj ET Q q 0 0 0 rg BT 234.31 562.55 Td (fect amounts reported in the consolidated financial statements and the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.35 Td (accompanying footnotes. Certain accounting estimates are particularly sensitive because of their significance to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.20 Td (the financial statements and because of the possibility that future events af) Tj ET Q q 0 0 0 rg BT 380.94 536.20 Td (fecting them may dif) Tj ET Q q 0 0 0 rg BT 472.69 536.20 Td (fer significantly ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.95 Td (from management) Tj ET Q q 0 0 0 rg BT 137.39 522.95 Td (s current judgments. ) Tj ET Q q 0 0 0 rg BT 232.20 522.95 Td (W) Tj ET Q q 0 0 0 rg BT 241.70 522.95 Td (e consider our policies for the allowance for loan losses, other real estate ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.75 Td (owned, deferred income taxes, estimates of fair value of financial instruments, and goodwill and other intangibles ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.55 Td (to be critical accounting policies.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 470.20 Td (Allowance for Loan Losses:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 177.14 470.20 Td ( ) Tj ET Q q 0 0 0 rg BT 182.44 470.20 Td (The allowance for loan losses is established through char) Tj ET Q q 0 0 0 rg BT 433.34 470.20 Td (ges to earnings in the form ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 457.00 Td (of a provision for loan losses. Increases and decreases in the allowance due to changes in the measurement of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.80 Td (impaired loans, if applicable, are included in the provision for loan losses. ) Tj ET Q q 0 0 0 rg BT 384.93 443.80 Td (W) Tj ET Q q 0 0 0 rg BT 394.44 443.80 Td (e periodically evaluate the adequacy ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.60 Td (of the allowance for loan losses in order to maintain the allowance at a level that is suf) Tj ET Q q 0 0 0 rg BT 434.09 430.60 Td (ficient to absorb probable ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.40 Td (credit losses. ) Tj ET Q q 0 0 0 rg BT 116.12 417.40 Td (The amount of allowance is based on management) Tj ET Q q 0 0 0 rg BT 341.85 417.40 Td (s evaluation of the collectability of the loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.20 Td (portfolio, including the nature of the loan portfolio, credit concentrations, trends in historical loss experience, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 391.00 Td (specific impaired loans, and external influences such as changes in economic conditions.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.60 Td (In addition, various regulatory agencies, as an integral part of their examination process, periodically review our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.40 Td (allowance for loan losses. Such agencies may require us to recognize additions to the allowance based on their ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.20 Td (judgments of information available to them at the time of their examination. ) Tj ET Q q 0 0 0 rg BT 393.69 338.20 Td (Although management believes that ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 325.00 Td (we use the best information available to evaluate the adequacy of the allowance, unknown market or borrower ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.80 Td (circumstances could result in adjustments and net earnings being significantly af) Tj ET Q q 0 0 0 rg BT 408.15 311.80 Td (fected if conditions dif) Tj ET Q q 0 0 0 rg BT 507.84 311.80 Td (fer ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.60 Td (substantially from the assumptions used by management in determining the adequacy of the allowance. ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 272.20 Td (Other Real Estate Owned:) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 170.39 272.20 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 175.89 272.20 Td (Other real estate owned \(OREO\), which is included in other assets on the balance ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 259.00 Td (sheet, consists primarily of commercial and residential real estate that has been obtained in partial or full ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.80 Td (satisfaction of loan obligations. OREO is carried at the fair value of the property) Tj ET Q q 0 0 0 rg BT 409.76 245.80 Td (, less estimated selling costs, with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 232.60 Td (any dif) Tj ET Q q 0 0 0 rg BT 84.65 232.60 Td (ference between the fair value of the property) Tj ET Q q 0 0 0 rg BT 284.58 232.60 Td (, less estimated selling costs, and the carrying value of the loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.40 Td (recorded through a char) Tj ET Q q 0 0 0 rg BT 158.55 219.40 Td (ge to the allowance for loan losses upon transfer to OREO. Subsequent write-downs ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.20 Td (required for declines in value are recorded through a valuation allowance, or taken directly to the asset, char) Tj ET Q q 0 0 0 rg BT 529.35 206.20 Td (ged to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 193.00 Td (other noninterest expense. ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 166.60 Td (Deferr) Tj ET Q q 0 0 0 rg BT 82.92 166.60 Td (ed Income T) Tj ET Q q 0 0 0 rg BT 136.28 166.60 Td (axes:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 159.49 166.60 Td ( Deferred tax assets and liabilities are recognized for future tax consequences attributable ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 153.40 Td (to dif) Tj ET Q q 0 0 0 rg BT 77.33 153.40 Td (ferences between the financial statement carrying amounts of existing assets and liabilities and their ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 140.20 Td (respective tax bases. Deferred tax assets, including tax loss and credit carry-forwards, and deferred tax liabilities ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 127.00 Td (are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.80 Td (dif) Tj ET Q q 0 0 0 rg BT 66.02 113.80 Td (ferences are expected to be recovered or settled. Deferred income tax expense \(benefit\) represents the change ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 100.60 Td (during the period in the deferred tax assets and deferred tax liabilities. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 74.20 Td (W) Tj ET Q q 0 0 0 rg BT 63.50 74.20 Td (e use the asset and liability method in accounting for income taxes. ) Tj ET Q q 0 0 0 rg BT 363.89 74.20 Td (This method recognizes the amount of taxes ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 60.95 Td (payable or refundable for the current year and recognizes deferred tax liabilities and assets for the expected future ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 47.75 Td (tax consequences of events and transactions that have been recognized in our financial statements or tax returns. ) Tj ET Q endstream endobj 17 0 obj <> endobj 18 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.50 21.60 Td (6) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (than not that some portion or all of the deferred tax assets will not be realized. Realization of the deferred income ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (tax asset is dependent on generating suf) Tj ET Q q 0 0 0 rg BT 228.53 668.00 Td (ficient taxable income in future years, and, as such, material changes could ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (impact our financial condition and results of operations.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (Estimates of Fair V) Tj ET Q q 0 0 0 rg BT 138.64 628.40 Td (alue of Financial Instruments: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 275.51 628.40 Td ( ) Tj ET Q q 0 0 0 rg BT 278.06 628.40 Td (The estimation of fair value is significant to certain assets, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (including loans held for sale, available-for) Tj ET Q q 0 0 0 rg BT 240.10 615.20 Td (-sale securities, and on-balance-sheet commitments to originate loans ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (held for sale. ) Tj ET Q q 0 0 0 rg BT 116.42 602.00 Td (These assets and liabilities are recorded either at fair value or at the lower of cost or fair value, as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (applicable. ) Tj ET Q q 0 0 0 rg BT 107.25 588.80 Td (The fair values of loans held for sale are based on commitments on hand from investors or) Tj ET Q q 0 0 0 rg BT 504.53 588.80 Td (, if ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (commitments have not yet been obtained, prevailing market rates. ) Tj ET Q q 0 0 0 rg BT 349.49 575.60 Td (The fair values of available-for) Tj ET Q q 0 0 0 rg BT 486.08 575.60 Td (-sale securities ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (are based on published market prices or dealer quotes. If a quoted market price is not available, fair value is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (estimated using quoted market prices for similar securities. ) Tj ET Q q 0 0 0 rg BT 318.95 549.20 Td (The fair values of commitments to originate loans held ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (for sale are based on fees currently char) Tj ET Q q 0 0 0 rg BT 228.79 536.00 Td (ged to enter into similar agreements and, for fixed-rate commitments, also ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (consider the dif) Tj ET Q q 0 0 0 rg BT 122.22 522.80 Td (ference between current levels of interest rates and committed rates. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (Fair values can be volatile and may be influenced by a number of factors, including market interest rates, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (prepayment speeds, discount rates, and market conditions. Since these factors can change significantly and rapidly) Tj ET Q q 0 0 0 rg BT 559.74 483.20 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (fair values are dif) Tj ET Q q 0 0 0 rg BT 131.06 470.00 Td (ficult to predict and subject to material changes that could impact our financial condition and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (results of operations.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (Goodwill and Other Intangibles) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 194.86 430.40 Td (: ) Tj ET Q q 0 0 0 rg BT 203.21 430.40 Td (W) Tj ET Q q 0 0 0 rg BT 212.72 430.40 Td (e record all assets and liabilities acquired in purchase acquisitions, including ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (goodwill, intangibles with indefinite lives, and other intangibles, at fair value as required by ) Tj ET Q q 0 0 0 rg BT 460.60 417.20 Td (Accounting Standards ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (Codification ) Tj ET Q q 0 0 0 rg BT 111.54 404.00 Td (T) Tj ET Q q 0 0 0 rg BT 117.49 404.00 Td (opic \(ASC\) 805, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 202.42 404.00 Td (Business ) Tj ET Q q 0 0 0 rg BT 243.47 404.00 Td (Acquisitions) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 297.86 404.00 Td (. ) Tj ET Q q 0 0 0 rg BT 305.91 404.00 Td (The initial recording of goodwill and other intangibles ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (requires subjective decisions concerning estimates of the fair value of the acquired assets and liabilities. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (Goodwill is reviewed for potential impairment at the reporting unit level \(one level below the business segments ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (identified on pages 14-20\) on an annual basis, or more often if events or circumstances indicate there may be ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (impairment. ) Tj ET Q q 0 0 0 rg BT 112.76 338.00 Td (T) Tj ET Q q 0 0 0 rg BT 118.71 338.00 Td (esting is conducted in two steps: identifying the potential impairment and then, if necessary) Tj ET Q q 0 0 0 rg BT 523.37 338.00 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (identifying the amount of impairment. ) Tj ET Q q 0 0 0 rg BT 227.63 324.80 Td (The first step compares the fair value of the reporting unit to its carrying ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (amount. If the fair value is less than the carrying amount, a second test is conducted by comparing the implied fair ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (value of reporting unit goodwill with the carrying amount of that goodwill. If the carrying amount exceeds the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (implied fair value, an impairment loss is recognized in an amount equal to that excess.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (Other identifiable intangible assets are evaluated for impairment if events or changes in circumstances indicate a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.60 Td (possible impairment. Such evaluation is based on undiscounted cash flow projections, which may extend far into ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 232.40 Td (the future and, by their nature, are dif) Tj ET Q q 0 0 0 rg BT 218.43 232.40 Td (ficult to determine over an extended timeframe. Fair value may be influenced ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.20 Td (by market prices, comparison to similar assets, market multiples, discounted cash flow analysis, and other ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.00 Td (determinants. Factors that may significantly af) Tj ET Q q 0 0 0 rg BT 261.22 206.00 Td (fect the estimates include, among others, competitive forces, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.80 Td (customer behaviors and attrition, changes in revenue growth trends, cost structures and technology) Tj ET Q q 0 0 0 rg BT 487.66 192.80 Td (, changes in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.60 Td (discount rates, and specific industry or market sector conditions. Other key judgments in accounting for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.40 Td (intangibles include useful life and classification between goodwill and intangibles with indefinite lives or other ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 153.20 Td (intangibles that require amortization.) Tj ET Q endstream endobj 19 0 obj <> endobj 20 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.50 21.60 Td (7) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 694.60 Td (ANAL) Tj ET Q q 0 0 0 rg BT 84.16 694.60 Td (YSIS OF) Tj ET Q q 0 0 0 rg BT 126.24 694.60 Td ( RESUL) Tj ET Q q 0 0 0 rg BT 164.66 694.60 Td (TS OF) Tj ET Q q 0 0 0 rg BT 195.73 694.60 Td ( OPERA) Tj ET Q q 0 0 0 rg BT 236.16 694.60 Td (TIONS) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 668.20 Td (Consolidated Performance Summary) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 641.80 Td (Results of Operations:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 159.11 641.80 Td ( ) Tj ET Q q 0 0 0 rg BT 164.41 641.80 Td (W) Tj ET Q q 0 0 0 rg BT 173.91 641.80 Td (e reported net income for the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 423.43 641.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 445.43 641.80 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 450.93 641.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 472.93 641.80 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 497.07 641.80 Td (201) Tj ET Q q 0 0 0 rg BT 513.16 641.80 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 518.66 641.80 Td ( of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.60 Td ($41.76million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.78 628.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 124.28 628.60 Td ($37.93million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 189.06 628.60 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 213.19 628.60 Td ($33.32million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 277.97 628.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 335.90 628.60 Td (. Diluted earnings per share were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 486.79 628.60 Td ($1.14) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 511.54 628.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 517.04 628.60 Td ($1.03) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 541.79 628.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.40 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.63 615.40 Td ($0.76) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 97.38 615.40 Td ( for the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 251.31 615.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 273.31 615.40 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 278.81 615.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 300.81 615.40 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 324.94 615.40 Td (201) Tj ET Q q 0 0 0 rg BT 341.04 615.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 346.54 615.40 Td (, respectively) Tj ET Q q 0 0 0 rg BT 404.46 615.40 Td (. Earnings per share were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.20 Td (positively af) Tj ET Q q 0 0 0 rg BT 108.48 602.20 Td (fected, as compared to prior years, by the reduction of preferred stock dividends in connection with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 589.00 Td (the Company) Tj ET Q q 0 0 0 rg BT 116.02 589.00 Td (s participation in the Small Business Lending Fund program. Due to the Company) Tj ET Q q 0 0 0 rg BT 483.86 589.00 Td (s loan growth, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.80 Td (the blended dividend rate on the Series C Preferred Stock was 1.0% for third quarter of 2012 and has remained at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.60 Td (that rate for each subsequent quarter) Tj ET Q q 0 0 0 rg BT 213.12 562.60 Td (. Earnings per share were also af) Tj ET Q q 0 0 0 rg BT 358.92 562.60 Td (fected by the mandatory conversion of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.40 Td (remaining shares of ) Tj ET Q q 0 0 0 rg BT 143.30 549.40 Td (T) Tj ET Q q 0 0 0 rg BT 149.25 549.40 Td (owneBank 8% Non-Cumulative Convertible Preferred Stock, Series ) Tj ET Q q 0 0 0 rg BT 451.07 549.40 Td (A) Tj ET Q q 0 0 0 rg BT 458.41 549.40 Td ( \(Series ) Tj ET Q q 0 0 0 rg BT 498.73 549.40 Td (A) Tj ET Q q 0 0 0 rg BT 506.07 549.40 Td ( Preferred ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.20 Td (Stock\) on September 1, 2013.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.80 Td (Profitability) Tj ET Q q 0 0 0 rg BT 106.45 509.80 Td (, as measured by our return on average assets \(ROA\), was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 373.71 509.80 Td (0.93%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 402.13 509.80 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 407.63 509.80 Td (0.90%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 436.04 509.80 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 460.17 509.80 Td (0.83%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 488.59 509.80 Td ( for the years ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.60 Td (ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 147.46 496.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 169.46 496.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 174.96 496.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 196.96 496.60 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 221.09 496.60 Td (201) Tj ET Q q 0 0 0 rg BT 237.18 496.60 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 242.68 496.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 300.61 496.60 Td (. Return on average tangible assets was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 478.69 496.60 Td (0.95%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 507.11 496.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 512.61 496.60 Td (0.93%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 541.02 496.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.40 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.63 483.40 Td (0.86%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 101.05 483.40 Td ( for the same respective periods. ROA) Tj ET Q q 0 0 0 rg BT 271.50 483.40 Td ( was positively af) Tj ET Q q 0 0 0 rg BT 348.59 483.40 Td (fected by the increase in noninterest income as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.20 Td (the growth in average assets was outpaced by net income growth.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.80 Td (Return on average equity \(ROE\) was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 229.32 443.80 Td (7.27%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 257.74 443.80 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 263.24 443.80 Td (6.95%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 291.65 443.80 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 315.78 443.80 Td (6.51%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 344.19 443.80 Td ( for years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 481.94 443.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 503.94 443.80 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 509.44 443.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 531.44 443.80 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.60 Td (201) Tj ET Q q 0 0 0 rg BT 70.09 430.60 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 75.59 430.60 Td (, respectively; while return on average tangible equity was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 335.22 430.60 Td (9.18%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 363.63 430.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 369.13 430.60 Td (8.79%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 397.55 430.60 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 421.68 430.60 Td (8.37%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 450.09 430.60 Td ( for the same respective ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.40 Td (years. ROE was impacted by the 10.10% increase in ) Tj ET Q q 0 0 0 rg BT 289.62 417.40 Td (T) Tj ET Q q 0 0 0 rg BT 295.57 417.40 Td (owneBank) Tj ET Q q 0 0 0 rg BT 345.67 417.40 Td (s net income from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 428.15 417.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 450.15 417.40 Td ( as compared to the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.20 Td (5.31% increase in average equity) Tj ET Q q 0 0 0 rg BT 198.97 404.20 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.80 Td (Our operating income, calculated as net interest income and noninterest income less gains on investment ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.60 Td (securities, was $233.81million for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 340.83 364.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 362.83 364.60 Td (, compared to $225.47million and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.40 Td ($200.27million for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 142.61 351.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 164.61 351.40 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 185.99 351.40 Td (201) Tj ET Q q 0 0 0 rg BT 202.08 351.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 207.58 351.40 Td (, respectively) Tj ET Q q 0 0 0 rg BT 265.51 351.40 Td (.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 325.00 Td (Net Inter) Tj ET Q q 0 0 0 rg BT 96.87 325.00 Td (est Income:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 150.93 325.00 Td ( Net interest income, the major source of our earnings, is the income generated by interest-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.80 Td (earning assets reduced by the total interest cost of the funds incurred to carry them. It is impacted by market ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.60 Td (interest rates and the mix and volume of earning assets and interest-bearing liabilities. ) Tj ET Q q 0 0 0 rg BT 437.16 298.60 Td (The yields and rates in this ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.40 Td (discussion and in the following tables include income from bank-owned life insurance \(BOLI\), a non-GAAP) Tj ET Q q 0 0 0 rg BT 542.05 285.40 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.20 Td (measure, and have been computed based upon interest income and expense adjusted to a fully taxable equivalent ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 259.00 Td (basis using a 35% federal mar) Tj ET Q q 0 0 0 rg BT 186.06 259.00 Td (ginal tax rate for all periods shown.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 232.60 Td (Our balance sheet is currently in a liability-sensitive balance sheet position, meaning that interest-bearing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.40 Td (liabilities generally reprice more quickly than earning assets. ) Tj ET Q q 0 0 0 rg BT 326.87 219.40 Td (Therefore, our net interest mar) Tj ET Q q 0 0 0 rg BT 461.36 219.40 Td (gin is likely to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.20 Td (decrease in sustained periods of rising interest rates and increase in sustained periods of declining interest rates. If ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 193.00 Td (we were in an asset-sensitive balance sheet position, which implies that assets such as securities, will reprice more ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.80 Td (quickly than liabilities, net interest mar) Tj ET Q q 0 0 0 rg BT 226.09 179.80 Td (gin could be positively af) Tj ET Q q 0 0 0 rg BT 337.70 179.80 Td (fected in an increasing interest rate environment ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.60 Td (and negatively af) Tj ET Q q 0 0 0 rg BT 129.54 166.60 Td (fected in a decreasing rate environment. ) Tj ET Q q 0 0 0 rg BT 310.76 166.60 Td (W) Tj ET Q q 0 0 0 rg BT 320.26 166.60 Td (e are primarily funded by core deposits, with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 153.40 Td (noninterest-bearing demand deposits historically being a significant source of funds. ) Tj ET Q q 0 0 0 rg BT 430.76 153.40 Td (This lower) Tj ET Q q 0 0 0 rg BT 477.89 153.40 Td (-cost funding ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 140.20 Td (base is expected to have a positive impact on the Company) Tj ET Q q 0 0 0 rg BT 316.71 140.20 Td (s net interest income and net interest mar) Tj ET Q q 0 0 0 rg BT 497.03 140.20 Td (gin in a rising ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 127.00 Td (interest rate environment. ) Tj ET Q q 0 0 0 rg BT 172.01 127.00 Td (W) Tj ET Q q 0 0 0 rg BT 181.51 127.00 Td (e currently believe it is likely the federal funds rate and the prime interest rate will ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.80 Td (remain at the current, historically-low levels for the foreseeable future; however) Tj ET Q q 0 0 0 rg BT 405.72 113.80 Td (, there can be no assurance to that ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 100.60 Td (ef) Tj ET Q q 0 0 0 rg BT 62.35 100.60 Td (fect or as to the magnitude of any change in market interest rates should a change occur) Tj ET Q q 0 0 0 rg BT 447.37 100.60 Td (, as such changes are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 87.40 Td (dependent upon a variety of factors that are beyond our control, including the impact of the Dodd-Frank ) Tj ET Q q 0 0 0 rg BT 514.44 87.40 Td (W) Tj ET Q q 0 0 0 rg BT 523.94 87.40 Td (all ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 74.20 Td (Street Reform and Consumer Protection ) Tj ET Q q 0 0 0 rg BT 232.72 74.20 Td (Act.) Tj ET Q endstream endobj 21 0 obj <> endobj 22 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.50 21.60 Td (8) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (Net interest income, on a tax-equivalent basis, was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 280.04 694.40 Td ($148.81 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 350.32 694.40 Td ( for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 499.97 694.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 521.97 694.40 Td (, which ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (was $570,000, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 132.52 681.20 Td (0.38%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 160.93 681.20 Td (, below the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 212.25 681.20 Td ($149.37 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 282.53 681.20 Td ( reported in the previous year) Tj ET Q q 0 0 0 rg BT 411.13 681.20 Td (. In comparison to the prior ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (year) Tj ET Q q 0 0 0 rg BT 72.49 668.00 Td (, net interest income declined primarily as a result of lower interest income, partially of) Tj ET Q q 0 0 0 rg BT 455.94 668.00 Td (fset by lower funding ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (costs.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (Interest income, on a tax-equivalent basis, was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 262.02 628.40 Td ($175.20 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 332.30 628.40 Td ( for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 481.95 628.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 503.95 628.40 Td (, which was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td ($3.39 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 113.28 615.20 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 130.69 615.20 Td (1.90%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 159.11 615.20 Td (, less than ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 205.55 615.20 Td ($178.59 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 275.83 615.20 Td ( for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 425.48 615.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 447.48 615.20 Td (. ) Tj ET Q q 0 0 0 rg BT 455.12 615.20 Td (A) Tj ET Q q 0 0 0 rg BT 462.25 615.20 Td (verage earning assets ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (grew to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.05 602.00 Td ($4.12 billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 146.27 602.00 Td ( in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 160.33 602.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 182.33 602.00 Td ( from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 209.21 602.00 Td ($3.81 billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 265.43 602.00 Td ( in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 279.49 602.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 301.49 602.00 Td (, an increase of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 370.81 602.00 Td ($31) Tj ET Q q 0 0 0 rg BT 386.91 602.00 Td (1.68 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 440.69 602.00 Td ( or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 455.35 602.00 Td (8.18%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 483.76 602.00 Td (. ) Tj ET Q q 0 0 0 rg BT 491.81 602.00 Td (The yield on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (earning assets was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 138.00 588.80 Td (4.25%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 166.42 588.80 Td ( in the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 311.80 588.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 333.80 588.80 Td (, which compared to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 426.35 588.80 Td (4.69%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 454.76 588.80 Td ( in the prior year) Tj ET Q q 0 0 0 rg BT 527.46 588.80 Td (. ) Tj ET Q q 0 0 0 rg BT 535.51 588.80 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (decrease in interest income was due to the ef) Tj ET Q q 0 0 0 rg BT 250.50 575.60 Td (fects of lower yields across all categories except interest-bearing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (deposits and mortgage loans held for sale, partially of) Tj ET Q q 0 0 0 rg BT 289.93 562.40 Td (fset by the increased balances in earning assets, primarily in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (average loans held for investment, net of unearned income and excluding nonaccrual loans, which increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td ($248.04million, or 8.52%.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (Interest expense, for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 277.56 509.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 299.56 509.60 Td (, was down ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 352.11 509.60 Td ($2.83 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 411.39 509.60 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 428.81 509.60 Td (9.67%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 457.22 509.60 Td (, at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 473.41 509.60 Td ($26.40 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 538.19 509.60 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (compared to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 111.42 496.40 Td ($29.22 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 176.20 496.40 Td ( for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 325.85 496.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 347.85 496.40 Td (. ) Tj ET Q q 0 0 0 rg BT 355.90 496.40 Td (The balance of average interest-bearing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (liabilities increased to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 153.27 483.20 Td ($2.84 billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 209.50 483.20 Td ( in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 223.55 483.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 245.55 483.20 Td ( from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 272.44 483.20 Td ($2.69 billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 328.66 483.20 Td ( in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 342.72 483.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 364.72 483.20 Td (, an increase of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 434.04 483.20 Td ($148.96 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 504.32 483.20 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 521.74 483.20 Td (5.53%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 550.15 483.20 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (The higher balance was of) Tj ET Q q 0 0 0 rg BT 169.86 470.00 Td (fset by a drop in the average rate paid, from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 365.03 470.00 Td (1.09%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 393.44 470.00 Td ( in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 407.50 470.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 429.50 470.00 Td ( to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 443.55 470.00 Td (0.93%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 471.97 470.00 Td ( in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 486.02 470.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 508.02 470.00 Td (. ) Tj ET Q q 0 0 0 rg BT 516.08 470.00 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (decline was driven by lower costs in all deposit categories.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (Net interest mar) Tj ET Q q 0 0 0 rg BT 124.66 430.40 Td (gin, which is net interest income expressed as a percentage of average earning assets, was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 522.04 430.40 Td (3.61%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 550.45 430.40 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (in the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 196.63 417.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 218.63 417.20 Td (, which was 31 basis points lower than the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 407.43 417.20 Td (3.92%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 435.85 417.20 Td ( a year ago. ) Tj ET Q q 0 0 0 rg BT 491.84 417.20 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (compression in the mar) Tj ET Q q 0 0 0 rg BT 156.75 404.00 Td (gin was driven by the fall in asset yields and growth in earning assets. Net interest mar) Tj ET Q q 0 0 0 rg BT 540.23 404.00 Td (gin ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (will be impacted by future changes in short-term and long-term interest rate levels, as well as the impact from the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (competitive environment.) Tj ET Q endstream endobj 23 0 obj <> endobj 24 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.50 21.60 Td (9) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The purpose of volume and rate analysis is to describe the impact on interest income resulting from changes in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (average balances and average interest rates from those in ef) Tj ET Q q 0 0 0 rg BT 315.53 681.20 Td (fect during the previous year) Tj ET Q q 0 0 0 rg BT 441.37 681.20 Td (. ) Tj ET Q q 0 0 0 rg BT 449.43 681.20 Td (The following tables ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (include average balances, interest income and expense, average yields and costs, and volume and rate analysis ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.20 Td (\(dollars in thousands\):) Tj ET Q BT /F2 11.50 Tf ET q 0 0 0 rg BT 152.38 654.20 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 619.7 m 219.5 619.7 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 619.7 m 223.5 619.7 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 223.5 619.7 m 260.5 619.7 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 260.5 619.7 m 264.5 619.7 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 619.7 m 300.5 619.7 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 619.7 m 304.5 619.7 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 619.7 m 346.5 619.7 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 619.7 m 350.5 619.7 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 619.7 m 388.5 619.7 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 619.7 m 392.5 619.7 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 619.7 m 429.5 619.7 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 429.5 619.7 m 433.5 619.7 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 619.7 m 477.5 619.7 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 619.7 m 481.5 619.7 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 619.7 m 516.5 619.7 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 619.7 m 520.5 619.7 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 619.7 m 557.5 619.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 607.7 m 219.5 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 607.7 m 223.5 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.5 607.7 m 260.5 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 260.5 607.7 m 264.5 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 607.7 m 300.5 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 607.7 m 346.5 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 607.7 m 350.5 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 607.7 m 388.5 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 607.7 m 392.5 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 607.7 m 429.5 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 607.7 m 477.5 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 607.7 m 481.5 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 607.7 m 516.5 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 607.7 m 520.5 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 607.7 m 557.5 607.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 582.7 m 219.5 582.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.5 582.7 m 260.5 582.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 582.7 m 300.5 582.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 582.7 m 346.5 582.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 582.7 m 388.5 582.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 582.7 m 429.5 582.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 582.7 m 477.5 582.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 582.7 m 516.5 582.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 582.7 m 557.5 582.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 483.70000000000005 m 219.5 483.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.5 483.70000000000005 m 260.5 483.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 483.70000000000005 m 300.5 483.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 483.70000000000005 m 346.5 483.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 483.70000000000005 m 388.5 483.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 483.70000000000005 m 429.5 483.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 483.70000000000005 m 477.5 483.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 483.70000000000005 m 516.5 483.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 483.70000000000005 m 557.5 483.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 483.70000000000005 m 219.5 483.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 471.70000000000005 m 219.5 471.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.5 471.70000000000005 m 260.5 471.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 483.70000000000005 m 300.5 483.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 471.70000000000005 m 300.5 471.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 483.70000000000005 m 346.5 483.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 471.70000000000005 m 346.5 471.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 471.70000000000005 m 388.5 471.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 471.70000000000005 m 429.5 471.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 483.70000000000005 m 477.5 483.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 471.70000000000005 m 477.5 471.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 471.70000000000005 m 516.5 471.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 471.70000000000005 m 557.5 471.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 447.70000000000005 m 219.5 447.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 447.70000000000005 m 346.5 447.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 447.70000000000005 m 477.5 447.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 436.70000000000005 m 219.5 436.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 434.70000000000005 m 219.5 434.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 436.70000000000005 m 346.5 436.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 434.70000000000005 m 346.5 434.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 436.70000000000005 m 477.5 436.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 434.70000000000005 m 477.5 434.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 375.70000000000005 m 219.5 375.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.5 375.70000000000005 m 260.5 375.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 375.70000000000005 m 300.5 375.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 375.70000000000005 m 346.5 375.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 375.70000000000005 m 388.5 375.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 375.70000000000005 m 429.5 375.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 375.70000000000005 m 477.5 375.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 375.70000000000005 m 516.5 375.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 375.70000000000005 m 557.5 375.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 375.70000000000005 m 219.5 375.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 323.70000000000005 m 219.5 323.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.5 323.70000000000005 m 260.5 323.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 323.70000000000005 m 300.5 323.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 323.70000000000005 m 346.5 323.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 323.70000000000005 m 388.5 323.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 323.70000000000005 m 429.5 323.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 323.70000000000005 m 477.5 323.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 323.70000000000005 m 516.5 323.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 323.70000000000005 m 557.5 323.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 323.70000000000005 m 219.5 323.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 311.70000000000005 m 219.5 311.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.5 311.70000000000005 m 260.5 311.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 264.5 311.70000000000005 m 300.5 311.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 323.70000000000005 m 346.5 323.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 311.70000000000005 m 346.5 311.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 311.70000000000005 m 388.5 311.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 311.70000000000005 m 429.5 311.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 323.70000000000005 m 477.5 323.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 311.70000000000005 m 477.5 311.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 311.70000000000005 m 516.5 311.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 311.70000000000005 m 557.5 311.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 275.70000000000005 m 219.5 275.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 275.70000000000005 m 346.5 275.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 275.70000000000005 m 477.5 275.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 251.70000000000005 m 219.5 251.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 251.70000000000005 m 346.5 251.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 251.70000000000005 m 477.5 251.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 240.70000000000005 m 219.5 240.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 238.70000000000005 m 219.5 238.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 240.70000000000005 m 346.5 240.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 238.70000000000005 m 346.5 238.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 240.70000000000005 m 477.5 240.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 238.70000000000005 m 477.5 238.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.5 191.70000000000005 m 260.5 191.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.5 180.70000000000005 m 260.5 180.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.5 178.70000000000005 m 260.5 178.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 191.70000000000005 m 388.5 191.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 180.70000000000005 m 388.5 180.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 178.70000000000005 m 388.5 178.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 191.70000000000005 m 516.5 191.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 180.70000000000005 m 516.5 180.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 178.70000000000005 m 516.5 178.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 123.70000000000005 m 177.5 123.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 177.5 123.70000000000005 m 219.5 123.70000000000005 l s BT /F3 7.50 Tf ET q 0 0 0 rg BT 325.45 623.82 Td (Year Ended December 31,) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 231.00 611.82 Td (2013) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 359.00 611.82 Td (2012) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 487.70 611.82 Td (2011) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 184.95 594.32 Td (Average) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 185.25 586.82 Td (Balance) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 229.05 600.12 Td (Interest) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 228.55 592.62 Td (Income/) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 228.15 585.12 Td (Expense) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 268.95 600.12 Td (Average) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 272.55 592.62 Td (Yield/) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 269.15 585.12 Td (Rate \(1\)) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 311.95 594.32 Td (Average) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 312.25 586.82 Td (Balance) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 356.55 600.12 Td (Interest) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 356.05 592.62 Td (Income/) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 355.65 585.12 Td (Expense) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 397.45 600.12 Td (Average) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 401.05 592.62 Td (Yield/) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 397.65 585.12 Td (Rate \(1\)) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 441.95 594.32 Td (Average) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 442.25 586.82 Td (Balance) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 486.05 600.12 Td (Interest) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 485.55 592.62 Td (Income/) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 485.15 585.12 Td (Expense) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 525.45 600.12 Td (Average) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 529.05 592.62 Td (Yield/) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 525.65 585.12 Td (Rate \(1\)) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 56.00 574.82 Td (Assets:) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 562.85 Td (Loans \(net of unearned income and) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 69.50 555.35 Td (deferred costs\), excluding) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 69.50 547.85 Td (nonaccrual loans \(2\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 180.00 547.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 186.50 547.85 Td (3,158,448) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 226.00 547.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 233.10 547.85 Td (156,652) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 547.85 Td (4.96) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 547.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 307.00 547.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 313.50 547.85 Td (2,910,406) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 353.00 547.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 361.10 547.85 Td (157,053) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 547.85 Td (5.40) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 547.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 436.00 547.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 444.50 547.85 Td (2,678,004) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 484.00 547.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 489.10 547.85 Td (154,015) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 547.85 Td (5.75) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 547.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 535.85 Td (Taxable investment securities) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 192.10 535.85 Td (341,279) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 240.60 535.85 Td (4,263) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 535.85 Td (1.25) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 535.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 319.10 535.85 Td (260,630) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 368.60 535.85 Td (6,163) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 535.85 Td (2.36) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 535.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 450.10 535.85 Td (360,288) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 492.85 535.85 Td (10,135) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 535.85 Td (2.81) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 535.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 523.85 Td (Tax-exempt investment securities) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 192.10 523.85 Td (169,376) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 240.60 523.85 Td (6,993) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 523.85 Td (4.13) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 523.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 319.10 523.85 Td (159,322) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 368.60 523.85 Td (7,248) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 523.85 Td (4.55) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 523.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 450.10 523.85 Td (146,556) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 496.60 523.85 Td (7,214) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 523.85 Td (4.92) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 523.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 511.85 Td (Interest-bearing deposits) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 192.10 511.85 Td (300,977) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 246.25 511.85 Td (759) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 511.85 Td (0.25) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 511.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 319.10 511.85 Td (309,098) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 374.25 511.85 Td (783) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 511.85 Td (0.25) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 511.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 450.10 511.85 Td (313,950) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 502.25 511.85 Td (802) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 511.85 Td (0.26) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 511.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 499.85 Td (Mortgage loans held for sale) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 195.85 499.85 Td (97,235) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 240.60 499.85 Td (3,469) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 499.85 Td (3.57) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 499.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 319.10 499.85 Td (118,206) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 368.60 499.85 Td (4,173) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 499.85 Td (3.53) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 499.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 453.85 499.85 Td (52,734) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 496.60 499.85 Td (2,267) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 499.85 Td (4.30) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 499.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 487.85 Td (Bank-owned life insurance) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 195.85 487.85 Td (56,212) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 240.60 487.85 Td (3,066) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 487.85 Td (5.45) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 487.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 322.85 487.85 Td (54,184) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 368.60 487.85 Td (3,175) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 487.85 Td (5.86) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 487.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 453.85 487.85 Td (53,109) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 496.60 487.85 Td (3,963) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 487.85 Td (7.46) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 487.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 475.85 Td (Total earning assets) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 186.50 475.85 Td (4,123,527) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 233.10 475.85 Td (175,202) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 475.85 Td (4.25) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 475.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 313.50 475.85 Td (3,811,846) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 361.10 475.85 Td (178,595) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 475.85 Td (4.69) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 475.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 444.50 475.85 Td (3,604,641) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 489.10 475.85 Td (178,396) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 475.85 Td (4.95) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 475.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 463.85 Td (Less: allowance for loan losses) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 193.35 463.85 Td (\(39,698) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 216.50 463.85 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 320.35 463.85 Td (\(40,100) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 343.50 463.85 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 451.35 463.85 Td (\(40,928) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 474.50 463.85 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 451.85 Td (Total nonearning assets) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 192.10 451.85 Td (423,404) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 319.10 451.85 Td (429,706) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 450.10 451.85 Td (427,070) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 62.00 439.85 Td (Total assets) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 180.00 439.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 186.50 439.85 Td (4,507,233) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 307.00 439.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 313.50 439.85 Td (4,201,452) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 436.00 439.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 444.50 439.85 Td (3,990,783) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 56.00 427.82 Td (Liabilities and Equity:) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 415.85 Td (Interest-bearing deposits) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 403.85 Td (Demand and money market) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 180.00 403.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 186.50 403.85 Td (1,166,510) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 226.00 403.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 240.60 403.85 Td (3,147) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 403.85 Td (0.27) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 403.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 307.00 403.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 313.50 403.85 Td (1,064,840) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 353.00 403.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 368.60 403.85 Td (4,242) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 403.85 Td (0.40) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 403.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 436.00 403.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 450.10 403.85 Td (880,169) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 484.00 403.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 496.60 403.85 Td (4,944) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 403.85 Td (0.56) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 403.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 391.85 Td (Savings) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 192.10 391.85 Td (323,011) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 240.60 391.85 Td (3,117) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 391.85 Td (0.96) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 391.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 319.10 391.85 Td (300,235) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 368.60 391.85 Td (3,202) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 391.85 Td (1.07) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 391.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 450.10 391.85 Td (242,236) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 496.60 391.85 Td (2,808) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 391.85 Td (1.16) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 391.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 379.85 Td (Certificates of deposit) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 192.10 379.85 Td (925,657) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 240.60 379.85 Td (7,090) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 379.85 Td (0.77) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 379.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 313.50 379.85 Td (1,004,928) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 368.60 379.85 Td (9,305) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 379.85 Td (0.93) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 379.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 444.50 379.85 Td (1,185,693) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 492.85 379.85 Td (14,601) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 379.85 Td (1.23) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 379.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 367.85 Td (Total interest-bearing deposits) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 186.50 367.85 Td (2,415,178) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 236.85 367.85 Td (13,354) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 367.85 Td (0.55) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 367.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 313.50 367.85 Td (2,370,003) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 364.85 367.85 Td (16,749) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 367.85 Td (0.71) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 367.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 444.50 367.85 Td (2,308,099) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 492.85 367.85 Td (22,353) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 367.85 Td (0.97) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 367.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 355.35 Td (FHLB advances and repurchase) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 69.50 347.85 Td (agreements) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 192.10 347.85 Td (425,225) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 236.85 347.85 Td (13,042) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 347.85 Td (3.07) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 347.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 319.10 347.85 Td (318,494) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 364.85 347.85 Td (12,236) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 347.85 Td (3.84) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 347.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 450.10 347.85 Td (321,682) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 492.85 347.85 Td (12,746) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 347.85 Td (3.96) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 347.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 335.35 Td (Convertible subordinated capital) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 69.50 327.85 Td (debentures) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 209.00 327.85 Td () Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 250.00 327.85 Td () Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 286.25 327.85 Td () Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 326.60 327.85 Td (2,950) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 374.25 327.85 Td (237) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 327.85 Td (8.03) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 327.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 453.85 327.85 Td (13,792) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 496.60 327.85 Td (1,152) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 327.85 Td (8.35) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 327.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 315.85 Td (Total interest-bearing liabilities) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 186.50 315.85 Td (2,840,403) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 236.85 315.85 Td (26,396) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 315.85 Td (0.93) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 315.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 313.50 315.85 Td (2,691,447) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 364.85 315.85 Td (29,222) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 315.85 Td (1.09) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 315.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 444.50 315.85 Td (2,643,573) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 492.85 315.85 Td (36,251) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 315.85 Td (1.37) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 315.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 303.85 Td (Noninterest-bearing liabilities) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 291.85 Td (Demand deposits) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 186.50 291.85 Td (1,022,168) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 319.10 291.85 Td (904,512) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 450.10 291.85 Td (781,992) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 279.85 Td (Other noninterest-bearing liabilities) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 195.85 279.85 Td (70,104) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 322.85 279.85 Td (59,927) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 453.85 279.85 Td (53,494) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 267.85 Td (Total liabilities) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 186.50 267.85 Td (3,932,675) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 313.50 267.85 Td (3,655,886) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 444.50 267.85 Td (3,479,059) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 255.85 Td (Shareholders equity) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 192.10 255.85 Td (574,558) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 319.10 255.85 Td (545,566) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 450.10 255.85 Td (511,724) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 243.85 Td (Total liabilities and equity) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 180.00 243.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 186.50 243.85 Td (4,507,233) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 307.00 243.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 313.50 243.85 Td (4,201,452) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 436.00 243.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 444.50 243.85 Td (3,990,783) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 231.85 Td (Net interest income \(tax-equivalent basis\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 226.00 231.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 233.10 231.85 Td (148,806) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 353.00 231.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 361.10 231.85 Td (149,373) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 484.00 231.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 489.10 231.85 Td (142,145) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 56.00 219.82 Td (Reconcilement of Non-GAAP Financial Measures) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 207.85 Td (Bank-owned life insurance) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 238.10 207.85 Td (\(3,066) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 257.50 207.85 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 366.10 207.85 Td (\(3,175) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 385.50 207.85 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 494.10 207.85 Td (\(3,963) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 513.50 207.85 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 195.85 Td (Tax-equivalent basis adjustment) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 238.10 195.85 Td (\(1,846) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 257.50 195.85 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 366.10 195.85 Td (\(1,914) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 385.50 195.85 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 494.10 195.85 Td (\(1,960) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 513.50 195.85 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 183.85 Td (Net interest income \(GAAP\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 226.00 183.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 233.10 183.85 Td (143,894) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 353.00 183.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 361.10 183.85 Td (144,284) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 484.00 183.85 Td ($) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 489.10 183.85 Td (136,222) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 171.85 Td (Interest rate spread \(3\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 171.85 Td (3.32) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 171.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 171.85 Td (3.60) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 171.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 171.85 Td (3.58) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 171.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 159.35 Td (Interest expense as a percent of average earning) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 69.50 151.85 Td (assets) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 151.85 Td (0.64) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 151.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 151.85 Td (0.77) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 151.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 151.85 Td (1.01) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 151.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 139.85 Td (Net interest margin \(tax-equivalent basis\) \(4\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 139.85 Td (3.61) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 139.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 139.85 Td (3.92) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 139.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 139.85 Td (3.94) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 139.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 127.85 Td (Total cost of deposits) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 280.60 127.85 Td (0.39) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 293.75 127.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 409.60 127.85 Td (0.51) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 422.75 127.85 Td (%) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 537.60 127.85 Td (0.72) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 550.75 127.85 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F2 7.50 Tf ET q 0 0 0 rg BT 54.00 115.20 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 64.34 115.20 Td (Y) Tj ET Q q 0 0 0 rg BT 69.34 115.20 Td (ields and interest income are presented on a taxable-equivalent basis using the federal statutory tax rate of 35%.) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 54.00 106.20 Td (\(2\) Excludes average nonaccrual loans of $20.23 million in ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 235.41 106.20 Td (2013) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 250.41 106.20 Td (, $54.44 million in ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 307.91 106.20 Td (2012) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 322.91 106.20 Td (, and $64.39 million in ) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 393.12 106.20 Td (201) Tj ET Q q 0 0 0 rg BT 404.09 106.20 Td (1) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 407.84 106.20 Td (.) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 54.00 97.20 Td (\(3\) Interest rate spread is the average yield earned on earning assets less the average rate paid on interest-bearing liabilities.) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 54.00 88.20 Td (\(4\) Net interest mar) Tj ET Q q 0 0 0 rg BT 112.80 88.20 Td (gin is net interest income expressed as a percentage of average earning assets.) Tj ET Q endstream endobj 25 0 obj <> endobj 26 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (10) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 662.5 m 295.5 662.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 662.5 m 301.5 662.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 662.5 m 345.5 662.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 662.5 m 351.5 662.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 662.5 m 390.5 662.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 662.5 m 437.5 662.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 662.5 m 443.5 662.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 662.5 m 489.5 662.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 662.5 m 495.5 662.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 662.5 m 535.5 662.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 632.5 m 295.5 632.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 632.5 m 345.5 632.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 632.5 m 390.5 632.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 632.5 m 437.5 632.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 632.5 m 489.5 632.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 632.5 m 535.5 632.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 498.5 m 295.5 498.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 498.5 m 345.5 498.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 498.5 m 390.5 498.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 498.5 m 437.5 498.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 498.5 m 489.5 498.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 498.5 m 535.5 498.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 498.5 m 295.5 498.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 483.5 m 295.5 483.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 498.5 m 345.5 498.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 483.5 m 345.5 483.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 498.5 m 390.5 498.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 483.5 m 390.5 483.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 498.5 m 437.5 498.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 483.5 m 437.5 483.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 498.5 m 489.5 498.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 483.5 m 489.5 483.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 498.5 m 535.5 498.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 483.5 m 535.5 483.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 393.5 m 295.5 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 393.5 m 345.5 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 393.5 m 390.5 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 393.5 m 437.5 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 393.5 m 489.5 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 393.5 m 535.5 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 322.5 m 295.5 322.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 322.5 m 345.5 322.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 322.5 m 390.5 322.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 322.5 m 437.5 322.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 322.5 m 489.5 322.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 322.5 m 535.5 322.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 307.5 m 295.5 307.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 287.5 m 295.5 287.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 251.5 285.5 m 295.5 285.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 307.5 m 345.5 307.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 287.5 m 345.5 287.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 285.5 m 345.5 285.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 307.5 m 390.5 307.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 287.5 m 390.5 287.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 285.5 m 390.5 285.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 307.5 m 437.5 307.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 287.5 m 437.5 287.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 285.5 m 437.5 285.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 307.5 m 489.5 307.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 287.5 m 489.5 287.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 285.5 m 489.5 285.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 307.5 m 535.5 307.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 287.5 m 535.5 287.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 285.5 m 535.5 285.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 75.5 279.5 m 251.5 279.5 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 274.30 692.18 Td (2013 vs 2012 Increase) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 298.10 682.18 Td (\(Decrease\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 419.60 692.18 Td (2012 vs 2011 Increase) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 443.10 682.18 Td (\(Decrease\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 667.17 Td (\(in thousands\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 280.90 667.18 Td (Due to Changes In) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 425.90 667.18 Td (Due to Changes In) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 256.75 637.18 Td (Volume) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 305.90 637.18 Td (Rate \(1\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 359.55 637.18 Td (Total) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 400.25 637.18 Td (Volume) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 448.90 637.18 Td (Rate \(1\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 504.05 637.18 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 622.17 Td (Assets:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 608.07 Td (Loans \(net of unearned income and) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.00 598.07 Td (deferred costs\), excluding nonaccrual) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.00 588.07 Td (loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.00 589.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 264.10 589.17 Td (12,829) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 304.00 589.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.80 589.22 Td (\(13,230) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.65 589.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 589.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.30 589.22 Td (\(401) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 589.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.00 589.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.10 589.17 Td (12,884) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.00 589.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.80 589.22 Td (\(9,846) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.65 589.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 498.00 589.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 589.17 Td (3,038) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 574.17 Td (Taxable investment securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 269.15 574.17 Td (1,551) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 315.80 574.22 Td (\(3,451) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.65 574.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.80 574.22 Td (\(1,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 574.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.80 574.22 Td (\(2,520) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 574.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.80 574.22 Td (\(1,452) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.65 574.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.80 574.22 Td (\(3,972) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.65 574.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 548.17 Td (Tax-exempt investment securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 276.65 548.17 Td (440) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.30 548.22 Td (\(695) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.65 548.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.30 548.22 Td (\(255) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 548.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.65 548.17 Td (603) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.30 548.22 Td (\(569) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.65 548.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.65 548.17 Td (34) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 533.17 Td (Interest-bearing deposits) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.30 533.17 Td (\(21) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 291.65 533.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.30 533.22 Td (\(3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.65 533.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.30 533.22 Td (\(24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 533.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.30 533.22 Td (\(12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 533.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.30 533.22 Td (\(7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.65 533.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.30 533.22 Td (\(19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.65 533.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 518.17 Td (Loans held for sale) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.30 518.17 Td (\(748) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 291.65 518.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 331.65 518.17 Td (44) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.30 518.22 Td (\(704) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 518.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 411.10 518.17 Td (2,375) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.30 518.22 Td (\(469) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.65 518.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 518.17 Td (1,906) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 503.17 Td (Bank-owned life insurance) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 276.65 503.17 Td (116) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.30 503.22 Td (\(225) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.65 503.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.30 503.22 Td (\(109) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 503.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.65 503.17 Td (79) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.30 503.22 Td (\(867) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.65 503.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 513.30 503.22 Td (\(788) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.65 503.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 488.17 Td (Total earning assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 264.10 488.17 Td (14,167) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.80 488.22 Td (\(17,560) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.65 488.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.80 488.22 Td (\(3,393) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 488.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.10 488.17 Td (13,409) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.80 488.22 Td (\(13,210) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.65 488.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 516.65 488.17 Td (199) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 458.17 Td (Liabilities and Equity:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 443.17 Td (Interest-bearing deposits:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 428.17 Td ( Demand and money market accounts) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 276.65 428.17 Td (375) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 315.80 428.22 Td (\(1,470) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.65 428.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.80 428.22 Td (\(1,095) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 428.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.65 428.17 Td (911) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.80 428.22 Td (\(1,613) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.65 428.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 513.30 428.22 Td (\(702) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.65 428.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 413.17 Td ( Savings) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 276.65 413.17 Td (233) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.30 413.22 Td (\(318) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.65 413.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.30 413.22 Td (\(85) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 413.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.65 413.17 Td (632) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.30 413.22 Td (\(238) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.65 413.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 516.65 413.17 Td (394) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 398.17 Td ( Certificates of deposit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.30 398.17 Td (\(694) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 291.65 398.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 315.80 398.22 Td (\(1,521) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.65 398.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.80 398.22 Td (\(2,215) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 398.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.80 398.22 Td (\(2,016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 398.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.80 398.22 Td (\(3,280) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.65 398.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.80 398.22 Td (\(5,296) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.65 398.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 383.17 Td (Total interest-bearing deposits) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.30 383.17 Td (\(86) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 291.65 383.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 315.80 383.22 Td (\(3,309) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.65 383.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.80 383.22 Td (\(3,395) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 383.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.30 383.22 Td (\(473) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 383.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.80 383.22 Td (\(5,131) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.65 383.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.80 383.22 Td (\(5,604) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.65 383.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 359.17 Td (FHLB advances and repurchase) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.00 349.17 Td (agreements) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 269.15 349.17 Td (3,584) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 315.80 349.22 Td (\(2,778) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.65 349.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.65 349.17 Td (806) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.30 349.22 Td (\(125) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 349.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.30 349.22 Td (\(385) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.65 349.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 513.30 349.22 Td (\(510) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.65 349.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 335.07 Td (Convertible subordinated capital) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.00 325.12 Td (debentures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.30 327.17 Td (\(118) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 291.65 327.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.30 327.22 Td (\(119) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.65 327.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.30 327.22 Td (\(237) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 327.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 415.30 327.22 Td (\(873) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 327.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.30 327.22 Td (\(42) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.65 327.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 513.30 327.22 Td (\(915) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.65 327.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 312.17 Td (Total interest-bearing liabilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 269.15 312.17 Td (3,380) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 315.80 312.22 Td (\(6,206) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.65 312.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.80 312.22 Td (\(2,826) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 312.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.80 312.22 Td (\(1,471) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 312.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.80 312.22 Td (\(5,558) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.65 312.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 505.80 312.22 Td (\(7,029) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.65 312.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 291.17 Td (Net interest income \(tax equivalent basis\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.00 291.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 264.10 291.17 Td (10,787) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 304.00 291.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.80 291.22 Td (\(11,354) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.65 291.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 291.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.30 291.22 Td (\(567) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 291.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.00 291.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.10 291.17 Td (14,880) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.00 291.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.80 291.22 Td (\(7,652) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 485.65 291.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 498.00 291.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 509.10 291.17 Td (7,228) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 269.17 Td (\(1\) Variances caused by the change in rate times the change in balances are allocated to rate.) Tj ET Q BT /F2 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 237.40 Td (Pr) Tj ET Q q 0 0 0 rg BT 65.40 237.40 Td (ovision for) Tj ET Q q 0 0 0 rg BT 115.01 237.40 Td ( Loan Losses:) Tj ET Q BT /F3 12.00 Tf ET q 0 0 0 rg BT 179.19 237.40 Td ( ) Tj ET Q BT /F2 12.00 Tf ET q 0 0 0 rg BT 182.19 237.40 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 185.19 237.40 Td (The provision for loan losses is char) Tj ET Q q 0 0 0 rg BT 344.46 237.40 Td (ged against earnings in order to establish and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 224.20 Td (maintain the allowance for loan losses at a level that reflects management) Tj ET Q q 0 0 0 rg BT 381.12 224.20 Td (s evaluation of the risk inherent in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 211.00 Td (portfolio. Management considers continuing assessments of nonperforming and watch list loans, analytical ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 197.80 Td (reviews of loan loss experience in relation to outstanding loans, and management) Tj ET Q q 0 0 0 rg BT 414.45 197.80 Td (s judgment with respect to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 184.60 Td (current and expected economic conditions and their impact on the existing loan portfolio. ) Tj ET Q q 0 0 0 rg BT 452.43 184.60 Td (The provisions for loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 171.40 Td (losses recorded in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 135.56 171.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 157.56 171.40 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 163.06 171.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 185.06 171.40 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 209.19 171.40 Td (201) Tj ET Q q 0 0 0 rg BT 225.28 171.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 230.78 171.40 Td ( were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 257.66 171.40 Td ($4.25 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 316.94 171.40 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 322.44 171.40 Td ($16.16 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 387.22 171.40 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 411.35 171.40 Td ($13.60 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 476.13 171.40 Td (, respectively) Tj ET Q q 0 0 0 rg BT 534.06 171.40 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 158.20 Td (Net char) Tj ET Q q 0 0 0 rg BT 91.36 158.20 Td (ge-of) Tj ET Q q 0 0 0 rg BT 114.37 158.20 Td (fs were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 149.19 158.20 Td ($6.30 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 208.47 158.20 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 213.97 158.20 Td ($15.47 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 278.75 158.20 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 302.88 158.20 Td ($12.52 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 367.66 158.20 Td ( for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 385.99 158.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 407.99 158.20 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 413.49 158.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 435.49 158.20 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 459.62 158.20 Td (201) Tj ET Q q 0 0 0 rg BT 475.71 158.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 481.21 158.20 Td (, respectively) Tj ET Q q 0 0 0 rg BT 539.14 158.20 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 145.00 Td (The decrease in the provision for loan losses in the current year periods from the comparative prior periods was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 131.80 Td (primarily a result of continued improvements in credit quality combined with a moderation in the pace of loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 118.60 Td (growth in 2013. ) Tj ET Q q 0 0 0 rg BT 129.27 118.60 Td (The allowance for loan losses as a percentage of period-end loans was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 440.82 118.60 Td (1.19%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 469.23 118.60 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 490.61 118.60 Td (1.29%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 519.02 118.60 Td ( at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 105.40 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 105.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 105.40 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 161.82 105.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 183.82 105.40 Td (, respectively) Tj ET Q q 0 0 0 rg BT 241.75 105.40 Td (. For further discussion and analysis of the loan portfolio and the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 92.20 Td (allowance for loan losses, see the Analysis of Financial Condition section found later in this report. ) Tj ET Q q 0 0 0 rg BT 505.20 92.20 Td (Also, see ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 79.00 Td (Note 4 Loans and ) Tj ET Q q 0 0 0 rg BT 138.92 79.00 Td (Allowance for Loan Losses in the Notes to Consolidated Financial Statements.) Tj ET Q endstream endobj 27 0 obj <> endobj 28 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.15 21.60 Td (1) Tj ET Q q 0 0 0 rg BT 305.78 21.60 Td (1) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 694.60 Td (Noninter) Tj ET Q q 0 0 0 rg BT 95.96 694.60 Td (est Income:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 150.03 694.60 Td ( ) Tj ET Q q 0 0 0 rg BT 155.33 694.60 Td (T) Tj ET Q q 0 0 0 rg BT 161.28 694.60 Td (otal noninterest income for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 414.18 694.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 436.18 694.60 Td ( was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 458.79 694.60 Td ($90.53 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 523.57 694.60 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.40 Td ($6.34 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 113.28 681.40 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 134.66 681.40 Td (7.53%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 163.08 681.40 Td ( higher than ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 218.37 681.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 240.37 681.40 Td (. Excluding gains and losses on investment securities, total noninterest ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.20 Td (income increased by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 147.16 668.20 Td ($8.73 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 206.44 668.20 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 223.85 668.20 Td (10.76%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 257.76 668.20 Td (, over ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 285.56 668.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 307.56 668.20 Td (. ) Tj ET Q q 0 0 0 rg BT 315.61 668.20 Td (T) Tj ET Q q 0 0 0 rg BT 321.56 668.20 Td (otal noninterest income for the year ended ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 655.00 Td (December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 655.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 655.00 Td (, was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 165.80 655.00 Td ($84.19 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 230.58 655.00 Td (, representing a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 300.83 655.00 Td ($16.46 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 365.61 655.00 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 383.02 655.00 Td (24.30%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 416.94 655.00 Td (, increase from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 485.35 655.00 Td (201) Tj ET Q q 0 0 0 rg BT 501.44 655.00 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 506.94 655.00 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.80 Td (Excluding gains and losses on investment securities, total noninterest income increased by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 454.49 641.80 Td ($17.13 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 519.27 641.80 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.60 Td (26.75%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 87.91 628.60 Td (, over ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 115.71 628.60 Td (201) Tj ET Q q 0 0 0 rg BT 131.80 628.60 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 137.30 628.60 Td (. Included in noninterest income were gains on investment securities of $61) Tj ET Q q 0 0 0 rg BT 472.00 628.60 Td (1,000 in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 510.81 628.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 532.81 628.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.40 Td ($3.01million in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 127.34 615.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 149.34 615.40 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 173.47 615.40 Td ($3.68 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 232.75 615.40 Td ( in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 246.81 615.40 Td (201) Tj ET Q q 0 0 0 rg BT 262.90 615.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 268.40 615.40 Td (. Noninterest income, excluding securities gains or losses, for the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.20 Td (year ended December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 169.13 602.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 191.13 602.20 Td (, was 38.46% of total operating income, compared with 36.01% for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 490.20 602.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 512.20 602.20 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 589.00 Td (31.98% for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 106.24 589.00 Td (201) Tj ET Q q 0 0 0 rg BT 122.33 589.00 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 127.83 589.00 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.60 Td (The following table provides an analysis of noninterest income \(dollars in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 510.29999999999995 m 422.5 510.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 510.29999999999995 m 426.5 510.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 510.29999999999995 m 467.5 510.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 510.29999999999995 m 512.5 510.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 510.29999999999995 m 516.5 510.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 510.29999999999995 m 557.5 510.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 496.29999999999995 m 287.5 496.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 496.29999999999995 m 332.5 496.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 496.29999999999995 m 377.5 496.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 496.29999999999995 m 422.5 496.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 496.29999999999995 m 467.5 496.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 496.29999999999995 m 512.5 496.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 496.29999999999995 m 557.5 496.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 496.29999999999995 m 422.5 496.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 323.29999999999995 m 287.5 323.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 310.29999999999995 m 287.5 310.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 323.29999999999995 m 332.5 323.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 310.29999999999995 m 332.5 310.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 323.29999999999995 m 377.5 323.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 310.29999999999995 m 377.5 310.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 323.29999999999995 m 422.5 323.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 310.29999999999995 m 422.5 310.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 310.29999999999995 m 467.5 310.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 323.29999999999995 m 512.5 323.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 310.29999999999995 m 512.5 310.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 310.29999999999995 m 557.5 310.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 284.29999999999995 m 287.5 284.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 284.29999999999995 m 332.5 284.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 284.29999999999995 m 377.5 284.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 284.29999999999995 m 422.5 284.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 284.29999999999995 m 467.5 284.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 284.29999999999995 m 512.5 284.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 284.29999999999995 m 557.5 284.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 272.29999999999995 m 287.5 272.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 270.29999999999995 m 287.5 270.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 272.29999999999995 m 332.5 272.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 270.29999999999995 m 332.5 270.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 284.29999999999995 m 377.5 284.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 272.29999999999995 m 377.5 272.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 270.29999999999995 m 377.5 270.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 284.29999999999995 m 422.5 284.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 272.29999999999995 m 422.5 272.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 270.29999999999995 m 422.5 270.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 284.29999999999995 m 467.5 284.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 272.29999999999995 m 467.5 272.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 270.29999999999995 m 467.5 270.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 284.29999999999995 m 512.5 284.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 272.29999999999995 m 512.5 272.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 270.29999999999995 m 512.5 270.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 284.29999999999995 m 557.5 284.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 272.29999999999995 m 557.5 272.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 270.29999999999995 m 557.5 270.29999999999995 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 404.70 528.75 Td (2013/2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 494.95 528.75 Td (2012/2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 386.40 514.75 Td (Increase/\(Decrease\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 476.40 514.75 Td (Increase/\(Decrease\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 56.00 500.75 Td (For the Year Ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 257.50 500.75 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 302.50 500.75 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 347.70 500.75 Td (2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 385.70 500.75 Td (Amount) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 442.00 500.75 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 475.70 500.75 Td (Amount) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 532.00 500.75 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 487.56 Td (Residential mortgage banking income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 249.00 487.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.25 487.56 Td (28,977) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 487.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.25 487.56 Td (26,998) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 487.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.25 487.56 Td (12,642) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 384.00 487.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.40 487.56 Td (1,979) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 487.56 Td (7.33) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 487.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.00 487.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.85 487.56 Td (14,356) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.75 487.56 Td (113.56) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.50 487.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 474.56 Td (Real estate brokerage and property ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 465.56 Td ( management income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.25 466.76 Td (12,316) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.25 466.76 Td (11,515) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.25 466.76 Td (11,496) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.15 466.76 Td (801) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 466.76 Td (6.96) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 466.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 499.65 466.76 Td (19) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.75 466.76 Td (0.17) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.50 466.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 453.56 Td (Insurance commissions and other title fees ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 444.56 Td ( and income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.25 445.76 Td (28,322) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.25 445.76 Td (23,458) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.25 445.76 Td (22,546) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.40 445.76 Td (4,864) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.25 445.76 Td (20.73) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 445.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.15 445.76 Td (912) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.75 445.76 Td (4.05) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.50 445.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 431.76 Td (Service charges on deposit accounts) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.75 431.76 Td (8,682) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 431.76 Td (7,798) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.75 431.76 Td (7,211) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.15 431.76 Td (884) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.25 431.76 Td (11.34) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 431.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.15 431.76 Td (587) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.75 431.76 Td (8.14) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.50 431.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 418.56 Td (Credit card merchant fees) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.75 418.56 Td (3,471) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 418.56 Td (3,578) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.75 418.56 Td (2,828) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.15 418.56 Td (\(107) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.65 418.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 437.75 418.56 Td (\(2.99) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.50 418.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.15 418.56 Td (750) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.25 418.56 Td (26.52) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.50 418.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 405.56 Td (Other income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 392.56 Td ( Other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.75 392.56 Td (1,662) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 392.56 Td (1,885) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.75 392.56 Td (1,689) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.15 392.56 Td (\(223) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.65 392.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 433.25 392.56 Td (\(11.83) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.50 392.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.15 392.56 Td (196) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.25 392.56 Td (11.60) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.50 392.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 379.56 Td ( Towne Investment income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.75 379.56 Td (2,102) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 379.56 Td (1,954) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.75 379.56 Td (1,608) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.15 379.56 Td (148) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 379.56 Td (7.57) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 379.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.15 379.56 Td (346) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.25 379.56 Td (21.52) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.50 379.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 366.56 Td ( Bank-owned life insurance income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.75 366.56 Td (1,993) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 366.56 Td (2,064) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.75 366.56 Td (2,576) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.65 366.56 Td (\(71) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.65 366.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 437.75 366.56 Td (\(3.44) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.50 366.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 492.15 366.56 Td (\(512) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.65 366.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.25 366.56 Td (\(19.88) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.50 366.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 353.56 Td ( Service fees on loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.75 353.56 Td (1,214) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 353.56 Td (1,026) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.50 353.56 Td (778) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.15 353.56 Td (188) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.25 353.56 Td (18.32) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 353.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.15 353.56 Td (248) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.25 353.56 Td (31.88) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.50 353.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 340.56 Td ( Towne Mortgage LLC income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 270.50 340.56 Td (562) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 315.50 340.56 Td (527) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.50 340.56 Td (410) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.65 340.56 Td (35) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 340.56 Td (6.64) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 340.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.15 340.56 Td (117) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.25 340.56 Td (28.54) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.50 340.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 327.56 Td ( Commercial mortgage brokerage fees, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 270.50 327.56 Td (616) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 315.50 327.56 Td (381) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.50 327.56 Td (268) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.15 327.56 Td (235) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.25 327.56 Td (61.68) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 327.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.15 327.56 Td (113) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.25 327.56 Td (42.16) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.50 327.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 314.56 Td ( Total other income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.75 314.56 Td (8,149) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 314.56 Td (7,837) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.75 314.56 Td (7,329) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.15 314.56 Td (312) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 314.56 Td (3.98) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 314.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.15 314.56 Td (508) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.75 314.56 Td (6.93) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.50 314.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 301.56 Td ( Noninterest income before securities gain/\(loss\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.25 301.56 Td (89,917) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.25 301.56 Td (81,184) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.25 301.56 Td (64,052) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.40 301.56 Td (8,733) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.25 301.56 Td (10.76) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 301.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.85 301.56 Td (17,132) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.25 301.56 Td (26.75) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.50 301.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 288.56 Td (Gain/\(loss\) on securities available for sale) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 270.50 288.56 Td (611) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 288.56 Td (3,005) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 353.75 288.56 Td (3,681) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.40 288.56 Td (\(2,394) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.65 288.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 433.25 288.56 Td (\(79.67) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.50 288.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 492.15 288.56 Td (\(676) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.65 288.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.25 288.56 Td (\(18.36) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.50 288.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 56.00 275.56 Td (Total noninterest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 249.00 275.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.25 275.56 Td (90,528) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 275.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.25 275.56 Td (84,189) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 275.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.25 275.56 Td (67,733) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 384.00 275.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.40 275.56 Td (6,339) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.75 275.56 Td (7.53) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 275.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.00 275.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.85 275.56 Td (16,456) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.25 275.56 Td (24.30) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 549.50 275.56 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 244.80 Td (For the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 203.35 244.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 225.35 244.80 Td (, residential mortgage banking income, net of commission expense, was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 231.60 Td ($28.98 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.78 231.60 Td (, reflecting an increase of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 233.00 231.60 Td ($1.98 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 292.28 231.60 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 309.69 231.60 Td (7.33%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 338.10 231.60 Td (, compared to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 401.03 231.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 423.03 231.60 Td (, which was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 478.02 231.60 Td ($14.36 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 542.80 231.60 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 218.40 Td (1) Tj ET Q q 0 0 0 rg BT 59.09 218.40 Td (13.56%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 93.00 218.40 Td (, higher than ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 151.04 218.40 Td (201) Tj ET Q q 0 0 0 rg BT 167.14 218.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 172.64 218.40 Td (. ) Tj ET Q q 0 0 0 rg BT 180.69 218.40 Td (The increase from the prior year was primarily due to the continued expansion of our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 205.20 Td (mortgage operations, as the Company expanded into Pennsylvania in December 2012 and previously added ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.00 Td (enterprises are now fully operational. ) Tj ET Q q 0 0 0 rg BT 222.92 192.00 Td (Also contributing to the increase were continued improvements in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 178.80 Td (housing market, which led to a higher volume in purchase transactions in the first half of the current year) Tj ET Q q 0 0 0 rg BT 515.55 178.80 Td (. ) Tj ET Q q 0 0 0 rg BT 523.61 178.80 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 165.60 Td (increase in 2013 was partially of) Tj ET Q q 0 0 0 rg BT 197.06 165.60 Td (fset by slowing production volumes in the second half of the year related to rising ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 152.40 Td (rates and lower revenue mar) Tj ET Q q 0 0 0 rg BT 178.41 152.40 Td (gins. ) Tj ET Q q 0 0 0 rg BT 201.64 152.40 Td (Also factoring in the variance from the prior year was a reduction in mortgage ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 139.20 Td (banking income of $661,000 associated with a decrease in the value of rate lock commitments recorded as of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.00 Td (December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 126.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 126.00 Td (. ) Tj ET Q q 0 0 0 rg BT 148.49 126.00 Td (The increase in net mortgage banking income in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 363.53 126.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 385.53 126.00 Td ( from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 412.41 126.00 Td (201) Tj ET Q q 0 0 0 rg BT 428.50 126.00 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 434.00 126.00 Td ( was primarily due to the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 112.80 Td (November1,201) Tj ET Q q 0 0 0 rg BT 130.27 112.80 Td (1, acquisition of Benchmark Mortgage, Inc. \(Benchmark\), a mortgage company af) Tj ET Q q 0 0 0 rg BT 502.10 112.80 Td (filiated with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 99.60 Td (T) Tj ET Q q 0 0 0 rg BT 59.95 99.60 Td (owneBank Mortgage, and other expansions of our mortgage operations resulting in additional net mortgage ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 86.40 Td (banking income of $10.38million as compared to 201) Tj ET Q q 0 0 0 rg BT 292.19 86.40 Td (1. ) Tj ET Q q 0 0 0 rg BT 305.33 86.40 Td (Also, the Company recognized an increase in income of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 73.20 Td ($1.24million associated with the value of rate lock commitments at December 31, 2012. For further information, ) Tj ET Q endstream endobj 29 0 obj <> endobj 30 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (12) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (refer to our discussion of the Realty segment on page 16 of this ) Tj ET Q q 0 0 0 rg BT 334.75 694.40 Td (Annual Report, which provides a comparative ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (schedule of operations.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (Real estate brokerage and property management income, net of commission expense, for the year ended ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 641.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 641.60 Td (, was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 165.80 641.60 Td ($12.32 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 230.58 641.60 Td (, an increase of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 299.90 641.60 Td ($801,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 341.15 641.60 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 358.57 641.60 Td (6.96%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 386.98 641.60 Td (, from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 416.61 641.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 438.61 641.60 Td (, which was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 493.60 641.60 Td ($19,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 529.35 641.60 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (0.17%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 82.41 628.40 Td (, higher than ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.45 628.40 Td (201) Tj ET Q q 0 0 0 rg BT 156.54 628.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 162.04 628.40 Td (. ) Tj ET Q q 0 0 0 rg BT 170.10 628.40 Td (The variance from the prior year is primarily attributable to an increase in real estate ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (brokerage income, partially of) Tj ET Q q 0 0 0 rg BT 186.97 615.20 Td (fset by a slight decrease in net property management fees. ) Tj ET Q q 0 0 0 rg BT 447.00 615.20 Td (The total volume of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (units sold increased by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 157.26 602.00 Td ($143.75 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 227.54 602.00 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 244.95 602.00 Td (16.91%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 278.87 602.00 Td (, while the number of units sold rose to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 453.62 602.00 Td (3,731,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 497.62 602.00 Td (, an increase ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (of 507,000 units, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 143.22 588.80 Td (15.73%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 177.13 588.80 Td (, from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 206.76 588.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 228.76 588.80 Td (. ) Tj ET Q q 0 0 0 rg BT 236.82 588.80 Td (The increase in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 306.75 588.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 328.75 588.80 Td ( from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 355.64 588.80 Td (201) Tj ET Q q 0 0 0 rg BT 371.73 588.80 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 377.23 588.80 Td ( was primarily attributable to a slight ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (increase in net property management fee income as real estate brokerage income was flat as an increase in income ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (was of) Tj ET Q q 0 0 0 rg BT 82.82 562.40 Td (fset by a corresponding increase in commission expenses.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (For the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 203.35 536.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 225.35 536.00 Td (, insurance commissions and other title income, net of commission ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (expense, was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 114.78 522.80 Td ($28.32 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 179.57 522.80 Td (, which was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 234.55 522.80 Td ($4.86 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 293.84 522.80 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 311.25 522.80 Td (20.73%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 345.16 522.80 Td (, higher than comparative ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 460.31 522.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 482.31 522.80 Td (. ) Tj ET Q q 0 0 0 rg BT 490.36 522.80 Td (The increase ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (from the prior year was lar) Tj ET Q q 0 0 0 rg BT 171.39 509.60 Td (gely due to an increase in property and casualty insurance commissions related to the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (acquisition of an insurance agency in December 2012 and two agencies in July 2013, which contributed additional ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (commission and fee income of $3.37 million. ) Tj ET Q q 0 0 0 rg BT 259.10 483.20 Td (The year ended December 31, 2013, included contingency income ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (from property and casualty insurance of $1.70million compared to $1.32 million and $1.65 million for 2012 and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (201) Tj ET Q q 0 0 0 rg BT 70.09 456.80 Td (1, respectively) Tj ET Q q 0 0 0 rg BT 133.52 456.80 Td (. ) Tj ET Q q 0 0 0 rg BT 141.57 456.80 Td (When compared to 201) Tj ET Q q 0 0 0 rg BT 244.10 456.80 Td (1, insurance commissions for the year ended December 31, 2012 were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td ($912,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 95.25 443.60 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 112.66 443.60 Td (4.05%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 141.08 443.60 Td (, higher) Tj ET Q q 0 0 0 rg BT 174.24 443.60 Td (, lar) Tj ET Q q 0 0 0 rg BT 191.14 443.60 Td (gely due to the acquisition of Stanton ) Tj ET Q q 0 0 0 rg BT 358.05 443.60 Td (T) Tj ET Q q 0 0 0 rg BT 364.00 443.60 Td (aylor ) Tj ET Q q 0 0 0 rg BT 388.75 443.60 Td (Agency) Tj ET Q q 0 0 0 rg BT 422.24 443.60 Td (, Inc. \(Stan ) Tj ET Q q 0 0 0 rg BT 477.94 443.60 Td (T) Tj ET Q q 0 0 0 rg BT 483.89 443.60 Td (aylor\), ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (ef) Tj ET Q q 0 0 0 rg BT 62.35 430.40 Td (fective October3,201) Tj ET Q q 0 0 0 rg BT 160.29 430.40 Td (1. Stan ) Tj ET Q q 0 0 0 rg BT 196.15 430.40 Td (T) Tj ET Q q 0 0 0 rg BT 202.10 430.40 Td (aylor contributed commission income of $1.17million in 2012, an increase of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td ($904,000 over 201) Tj ET Q q 0 0 0 rg BT 136.39 417.20 Td (1.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (Service char) Tj ET Q q 0 0 0 rg BT 108.46 390.80 Td (ges on deposit accounts were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 239.51 390.80 Td ($8.68 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 298.79 390.80 Td ( for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 317.11 390.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 339.11 390.80 Td (, compared with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 413.04 390.80 Td ($7.80 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 472.32 390.80 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 493.70 390.80 Td ($7.21 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 552.98 390.80 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 69.58 377.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 91.58 377.60 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 112.96 377.60 Td (201) Tj ET Q q 0 0 0 rg BT 129.05 377.60 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 134.55 377.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 192.48 377.60 Td (. ) Tj ET Q q 0 0 0 rg BT 200.53 377.60 Td (The increases reflect the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 310.46 377.60 Td (4.97%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 338.88 377.60 Td ( and 5.97% increase in average deposits over the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 173.42 364.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 195.42 364.40 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 216.80 364.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 238.80 364.40 Td (, respectively) Tj ET Q q 0 0 0 rg BT 296.73 364.40 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (For the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 203.35 338.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 225.35 338.00 Td (, credit card merchant fees totaled ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 377.14 338.00 Td ($3.47 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 436.42 338.00 Td (, which was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 491.41 338.00 Td ($107,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 532.66 338.00 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (2.99%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 82.41 324.80 Td (, less than comparative ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 185.96 324.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 207.96 324.80 Td (, which was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 262.95 324.80 Td ($750,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 304.20 324.80 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 321.61 324.80 Td (26.52%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 355.53 324.80 Td (, more than ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 408.07 324.80 Td (201) Tj ET Q q 0 0 0 rg BT 424.16 324.80 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 429.66 324.80 Td (. For both prior year ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (comparative periods, variances were primarily related to changes in transaction volume.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (Other noninterest income for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 315.45 285.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 337.45 285.20 Td ( was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 360.06 285.20 Td ($8.15 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 419.34 285.20 Td ( compared with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 490.51 285.20 Td ($7.84 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 549.79 285.20 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.00 Td (for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 200.90 272.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 222.90 272.00 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 247.03 272.00 Td ($7.33 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 306.31 272.00 Td ( for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 455.96 272.00 Td (201) Tj ET Q q 0 0 0 rg BT 472.05 272.00 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 477.55 272.00 Td (. Other ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (noninterest income includes income generated by ) Tj ET Q q 0 0 0 rg BT 274.34 258.80 Td (T) Tj ET Q q 0 0 0 rg BT 280.29 258.80 Td (owne Investment Group, net of commission expense of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 526.21 258.80 Td ($2.10 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.60 Td (million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 85.78 245.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 91.28 245.60 Td ($1.95 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 150.56 245.60 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 174.69 245.60 Td ($1.61 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 233.97 245.60 Td ( for the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 387.90 245.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 409.90 245.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 415.40 245.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 437.40 245.60 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 461.54 245.60 Td (201) Tj ET Q q 0 0 0 rg BT 477.63 245.60 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 483.13 245.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 541.06 245.60 Td (.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 219.20 Td (Noninter) Tj ET Q q 0 0 0 rg BT 95.96 219.20 Td (est Expense:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 154.32 219.20 Td ( ) Tj ET Q q 0 0 0 rg BT 159.62 219.20 Td (T) Tj ET Q q 0 0 0 rg BT 165.57 219.20 Td (otal noninterest expense for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 290.20 219.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 312.20 219.20 Td ( was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 334.81 219.20 Td ($168.79 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 405.09 219.20 Td (, which was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 460.08 219.20 Td ($10.04 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 524.86 219.20 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.00 Td (6.33%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 82.41 206.00 Td (, higher than ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.45 206.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 162.45 206.00 Td (. ) Tj ET Q q 0 0 0 rg BT 170.50 206.00 Td (The primary components of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 295.75 206.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 317.75 206.00 Td ( noninterest expense were salaries and employee ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.80 Td (benefits of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 103.48 192.80 Td ($97.1) Tj ET Q q 0 0 0 rg BT 127.83 192.80 Td (1 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 167.86 192.80 Td (, occupancy expenses of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 277.51 192.80 Td ($16.30 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 342.29 192.80 Td (, furniture and equipment expenses of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.60 Td ($7.46million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 113.28 179.60 Td (, advertising and marketing expenses of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 290.76 179.60 Td ($5.37 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 350.04 179.60 Td (, charitable contributions of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 474.36 179.60 Td ($4.21 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 533.64 179.60 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.40 Td (professional fees of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 142.89 166.40 Td ($4.33 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 202.17 166.40 Td (. In comparison to 2012, a significant portion of the increase in total noninterest ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 153.20 Td (expense is due to the insurance agency acquisitions in December 2012 and July 2013, which resulted in additional ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 140.00 Td (expenses of $3.38 million, primarily in salaries and benefits. ) Tj ET Q q 0 0 0 rg BT 324.97 140.00 Td (Also contributing to the increase from 2012 was the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.80 Td (expansion of our mortgage operations into Pennsylvania, which resulted in additional expenses of $2.17 million. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.60 Td (Excluding the costs associated with the acquisitions and expansions, noninterest expense increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 100.40 Td ($12.77million, or 8.49%, from 2012. ) Tj ET Q q 0 0 0 rg BT 223.88 100.40 Td (A) Tj ET Q q 0 0 0 rg BT 231.22 100.40 Td ( significant portion of the increase in total noninterest expense from 201) Tj ET Q q 0 0 0 rg BT 548.19 100.40 Td (1 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 87.20 Td (to 2012 was due to the October3, 201) Tj ET Q q 0 0 0 rg BT 221.31 87.20 Td (1, acquisition of the Stan ) Tj ET Q q 0 0 0 rg BT 333.54 87.20 Td (T) Tj ET Q q 0 0 0 rg BT 339.49 87.20 Td (aylor insurance agency) Tj ET Q q 0 0 0 rg BT 440.17 87.20 Td (, which resulted in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 74.00 Td (additional expenses of $877,000, primarily in salaries and benefits, and the November 1, 201) Tj ET Q q 0 0 0 rg BT 462.63 74.00 Td (1, acquisition of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 60.80 Td (Benchmark and other expansions of our mortgage operations, which resulted in additional expenses of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 47.60 Td ($7.40million, primarily in salaries and benefits. Noninterest expense was af) Tj ET Q q 0 0 0 rg BT 391.66 47.60 Td (fected in the fourth quarter of 2013 ) Tj ET Q endstream endobj 31 0 obj <> endobj 32 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (13) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (by a reversal of incentive compensation recorded previously in 2013 of $1.20million due to a slowing of results ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (in the fourth quarter) Tj ET Q q 0 0 0 rg BT 141.83 681.20 Td (, primarily in mortgage-related activity) Tj ET Q q 0 0 0 rg BT 312.47 681.20 Td (, which reduced the availability of funds for profit-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (sharing.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (T) Tj ET Q q 0 0 0 rg BT 59.95 641.60 Td (otal noninterest expense to total operating revenue, excluding securities gains and losses, was 72.19% for the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 169.13 628.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 191.13 628.40 Td (, compared with 70.41% for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 317.30 628.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 339.30 628.40 Td ( and 72.31% for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 412.92 628.40 Td (201) Tj ET Q q 0 0 0 rg BT 429.01 628.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 434.51 628.40 Td (. ) Tj ET Q q 0 0 0 rg BT 442.56 628.40 Td (The following table ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (provides an analysis of noninterest expense \(dollars in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 564.7 m 416.5 564.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 564.7 m 420.5 564.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 564.7 m 463.5 564.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 564.7 m 510.5 564.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 564.7 m 514.5 564.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 564.7 m 557.5 564.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 550.7 m 275.5 550.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 550.7 m 322.5 550.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 550.7 m 369.5 550.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 550.7 m 416.5 550.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 550.7 m 463.5 550.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 550.7 m 510.5 550.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 550.7 m 557.5 550.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 286.70000000000005 m 275.5 286.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 286.70000000000005 m 322.5 286.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 286.70000000000005 m 369.5 286.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 286.70000000000005 m 416.5 286.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 286.70000000000005 m 510.5 286.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 286.70000000000005 m 322.5 286.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 272.70000000000005 m 322.5 272.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 286.70000000000005 m 369.5 286.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 272.70000000000005 m 369.5 272.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 272.70000000000005 m 275.5 272.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 259.70000000000005 m 275.5 259.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 257.70000000000005 m 275.5 257.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 272.70000000000005 m 322.5 272.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 259.70000000000005 m 322.5 259.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 257.70000000000005 m 322.5 257.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 272.70000000000005 m 369.5 272.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 259.70000000000005 m 369.5 259.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 257.70000000000005 m 369.5 257.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 272.70000000000005 m 416.5 272.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 259.70000000000005 m 416.5 259.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 257.70000000000005 m 416.5 257.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 272.70000000000005 m 510.5 272.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 259.70000000000005 m 510.5 259.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 257.70000000000005 m 510.5 257.70000000000005 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 396.60 583.38 Td (2013/2012) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 490.85 583.38 Td (2012/2011) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 376.25 569.38 Td (Increase/\(Decrease\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 470.25 569.38 Td (Increase/\(Decrease\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 56.00 555.38 Td (For the year ended December 31,) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 243.50 555.38 Td (2013) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 290.50 555.38 Td (2012) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 337.75 555.38 Td (2011) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 376.95 555.38 Td (Amount) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 436.50 555.38 Td (%) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 470.95 555.38 Td (Amount) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 530.50 555.38 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 537.27 Td (Salaries and benefits) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.00 537.27 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 244.10 537.27 Td (97,108) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 282.00 537.27 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 291.10 537.27 Td (89,669) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 329.00 537.27 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 338.10 537.27 Td (79,558) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 376.00 537.27 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.10 537.27 Td (7,439) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.80 537.27 Td (8.30) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.65 537.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.00 537.27 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 479.10 537.27 Td (10,111) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.80 537.27 Td (12.71) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 537.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 523.27 Td (Occupancy) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 244.10 523.27 Td (16,298) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 291.10 523.27 Td (14,384) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 338.10 523.27 Td (13,879) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.10 523.27 Td (1,914) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.80 523.27 Td (13.31) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.65 523.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.65 523.27 Td (505) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.80 523.27 Td (3.64) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 523.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 509.27 Td (Furniture and equipment) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.10 509.27 Td (7,458) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.10 509.27 Td (6,467) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 509.27 Td (5,805) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.65 509.27 Td (991) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.80 509.27 Td (15.32) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.65 509.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.65 509.27 Td (662) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.80 509.27 Td (11.40) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 509.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 495.27 Td (Other expenses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 481.27 Td ( Advertising and marketing) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.10 481.27 Td (5,374) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.10 481.27 Td (4,818) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 481.27 Td (3,775) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.65 481.27 Td (556) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.80 481.27 Td (11.54) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.65 481.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.10 481.27 Td (1,043) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.80 481.27 Td (27.63) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 481.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 467.27 Td ( Charitable contributions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.10 467.27 Td (4,209) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.10 467.27 Td (3,574) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 467.27 Td (3,174) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.65 467.27 Td (635) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.80 467.27 Td (17.77) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.65 467.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.65 467.27 Td (400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.80 467.27 Td (12.60) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 467.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 453.27 Td ( Telephone and postage) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.10 453.27 Td (3,937) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.10 453.27 Td (3,527) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 453.27 Td (3,112) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.65 453.27 Td (410) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.80 453.27 Td (11.62) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.65 453.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.65 453.27 Td (415) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.80 453.27 Td (13.34) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 453.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 439.27 Td ( Outside processing) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.10 439.27 Td (3,425) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.10 439.27 Td (3,019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 439.27 Td (2,974) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.65 439.27 Td (406) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.80 439.27 Td (13.45) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.65 439.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 496.65 439.27 Td (45) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.80 439.27 Td (1.51) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 439.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 425.27 Td ( Professional fees) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.10 425.27 Td (4,325) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.10 425.27 Td (4,606) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 425.27 Td (4,176) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.30 425.32 Td (\(281) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 412.65 425.27 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.45 425.27 Td (\(6.10) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.30 425.27 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.65 425.27 Td (430) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.80 425.27 Td (10.30) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 425.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 411.27 Td ( Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.10 411.27 Td (7,495) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.10 411.27 Td (7,787) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 411.27 Td (5,957) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.30 411.32 Td (\(292) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 412.65 411.27 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.45 411.27 Td (\(3.75) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.30 411.27 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.10 411.27 Td (1,830) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.80 411.27 Td (30.72) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 411.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 397.27 Td ( Stationery and office supplies) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.10 397.27 Td (2,291) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.10 397.27 Td (2,048) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 397.27 Td (1,925) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.65 397.27 Td (243) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.80 397.27 Td (11.87) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.65 397.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.65 397.27 Td (123) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.80 397.27 Td (6.39) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 397.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 383.27 Td ( ) Tj ET Q q 0 0 0 rg BT 67.95 383.27 Td (Amortization expense of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 373.32 Td ( intangibles ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.10 375.37 Td (2,145) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.10 375.37 Td (2,251) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 375.37 Td (2,651) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.30 375.42 Td (\(106) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 412.65 375.37 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.45 375.37 Td (\(4.71) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.30 375.37 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.30 375.42 Td (\(400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.65 375.37 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.45 375.37 Td (\(15.09) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.30 375.37 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 361.27 Td ( Foreclosed property expenses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.10 361.27 Td (2,020) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.10 361.27 Td (4,612) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 361.27 Td (5,822) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.80 361.32 Td (\(2,592) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 412.65 361.27 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.45 361.27 Td (\(56.20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.30 361.27 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.80 361.32 Td (\(1,210) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.65 361.27 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.45 361.27 Td (\(20.78) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.30 361.27 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 347.27 Td ( FDIC and other insurance) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.10 347.27 Td (3,974) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.10 347.27 Td (3,729) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 347.27 Td (4,251) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.65 347.27 Td (245) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.80 347.27 Td (6.57) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.65 347.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.30 347.32 Td (\(522) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.65 347.27 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.45 347.27 Td (\(12.28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.30 347.27 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 333.27 Td ( Software expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.10 333.27 Td (4,217) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.10 333.27 Td (4,227) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 333.27 Td (3,457) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.30 333.32 Td (\(10) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 412.65 333.27 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.45 333.27 Td (\(0.24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.30 333.27 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.65 333.27 Td (770) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.80 333.27 Td (22.27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 333.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 319.27 Td ( Travel/Meals/Entertainment) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.10 319.27 Td (1,424) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.65 319.27 Td (981) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.65 319.27 Td (820) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.65 319.27 Td (443) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.80 319.27 Td (45.16) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.65 319.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.65 319.27 Td (161) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.80 319.27 Td (19.63) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 319.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 305.27 Td ( Directors expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.10 305.27 Td (1,187) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.10 305.27 Td (1,179) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 305.27 Td (1,526) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.65 305.27 Td (8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.80 305.27 Td (0.68) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.65 305.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.30 305.32 Td (\(347) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.65 305.27 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.45 305.27 Td (\(22.74) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.30 305.27 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 291.27 Td ( Bank franchise tax/SCC fees) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.10 291.27 Td (1,905) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 296.10 291.27 Td (1,871) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.10 291.27 Td (1,958) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 402.65 291.27 Td (34) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.80 291.27 Td (1.82) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.65 291.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 493.30 291.32 Td (\(87) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.65 291.27 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 524.45 291.27 Td (\(4.44) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.30 291.27 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 277.27 Td ( Total other expenses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 244.10 277.27 Td (47,928) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 291.10 277.27 Td (48,229) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 338.10 277.27 Td (45,578) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.30 277.32 Td (\(301) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 412.65 277.27 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.45 277.27 Td (\(0.62) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.30 277.27 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.10 277.27 Td (2,651) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.80 277.27 Td (5.82) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 277.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 56.00 263.27 Td (Total noninterest expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.00 263.27 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 239.10 263.27 Td (168,792) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 282.00 263.27 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.10 263.27 Td (158,749) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 329.00 263.27 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.10 263.27 Td (144,820) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 376.00 263.27 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.10 263.27 Td (10,043) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.80 263.27 Td (6.33) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.65 263.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.00 263.27 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 479.10 263.27 Td (13,929) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.80 263.27 Td (9.62) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 263.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 232.80 Td (Salaries and employee benefits, the lar) Tj ET Q q 0 0 0 rg BT 223.62 232.80 Td (gest portion of noninterest expense, were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 407.21 232.80 Td ($97.1) Tj ET Q q 0 0 0 rg BT 431.55 232.80 Td (1 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 471.58 232.80 Td (, representing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.60 Td (57.53% of total noninterest expense for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 361.58 219.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 383.58 219.60 Td (. ) Tj ET Q q 0 0 0 rg BT 391.63 219.60 Td (This was a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 441.43 219.60 Td ($7.44 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 500.71 219.60 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 518.12 219.60 Td (8.30%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 546.53 219.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.40 Td (increase over comparative ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 172.19 206.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 194.19 206.40 Td (. ) Tj ET Q q 0 0 0 rg BT 202.24 206.40 Td (The increase from comparative periods of the prior year is due to the addition of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 193.20 Td (staf) Tj ET Q q 0 0 0 rg BT 69.68 193.20 Td (f resulting from the expansion of our insurance and mortgage businesses and increased operational support, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 180.00 Td (and an increase in payroll taxes. ) Tj ET Q q 0 0 0 rg BT 200.41 180.00 Td (The increase was partially of) Tj ET Q q 0 0 0 rg BT 327.27 180.00 Td (fset by a decrease in profit-sharing and incentive ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.80 Td (compensation for employees and a reduction in matching contributions made by the Company to employee ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 153.60 Td (retirement plans. Salaries and benefits expense for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 412.27 153.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 434.27 153.60 Td ( was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 456.88 153.60 Td ($89.67 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 521.66 153.60 Td (, up ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 140.40 Td (12.71%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 87.91 140.40 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 105.33 140.40 Td ($10.1) Tj ET Q q 0 0 0 rg BT 129.67 140.40 Td (1 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 169.70 140.40 Td (, over ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 197.49 140.40 Td (201) Tj ET Q q 0 0 0 rg BT 213.59 140.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 219.09 140.40 Td (. ) Tj ET Q q 0 0 0 rg BT 227.14 140.40 Td (The increase was due to the addition of staf) Tj ET Q q 0 0 0 rg BT 418.15 140.40 Td (f resulting from the expansion ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 127.20 Td (of our insurance and mortgage businesses, an increase in profit-sharing and incentive compensation, an increase ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 114.00 Td (in expense related to the management deferred compensation plan, and cost-of-living raises for employees.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 87.60 Td (In our Banking segment, we had a total of 660 full-time equivalent employees \(FTE\) at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 514.94 87.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 536.94 87.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 74.40 Td (which was up from 637 and 625 at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 273.63 74.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 295.63 74.40 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 317.02 74.40 Td (201) Tj ET Q q 0 0 0 rg BT 333.11 74.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 338.61 74.40 Td (, respectively) Tj ET Q q 0 0 0 rg BT 396.54 74.40 Td (. In our non-Banking segments at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 61.20 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 61.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 61.20 Td (, we had a total of 691 FTEs, excluding real estate sales agents, which was up from 584 and ) Tj ET Q endstream endobj 33 0 obj <> endobj 34 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (14) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (506 at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 148.38 694.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 170.38 694.40 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 191.76 694.40 Td (201) Tj ET Q q 0 0 0 rg BT 207.85 694.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 213.35 694.40 Td (, respectively) Tj ET Q q 0 0 0 rg BT 271.28 694.40 Td (. Real estate agents are independent contractors and, therefore, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (not included as the Company) Tj ET Q q 0 0 0 rg BT 185.37 681.20 Td (s employees. ) Tj ET Q q 0 0 0 rg BT 247.49 681.20 Td (There were 390 real estate agents at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 472.26 681.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 494.26 681.20 Td (. ) Tj ET Q q 0 0 0 rg BT 502.31 681.20 Td (T) Tj ET Q q 0 0 0 rg BT 508.27 681.20 Td (otal ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (operating revenue, excluding securities gains per full-time equivalent employee, was approximately $173,000, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td ($185,000, and $177,000 for the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 314.56 654.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 336.56 654.80 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 342.06 654.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 364.06 654.80 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 388.19 654.80 Td (201) Tj ET Q q 0 0 0 rg BT 404.29 654.80 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 409.79 654.80 Td (, respectively) Tj ET Q q 0 0 0 rg BT 467.71 654.80 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (For the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 203.35 628.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 225.35 628.40 Td (, occupancy expense totaled ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 351.49 628.40 Td ($16.30 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 416.27 628.40 Td (, representing an increase of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td ($1.91 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 113.28 615.20 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 130.69 615.20 Td (13.31%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 164.61 615.20 Td (, over comparative ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 249.51 615.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 271.51 615.20 Td (. Occupancy expense for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 385.74 615.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 407.74 615.20 Td ( was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 430.35 615.20 Td ($505,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 471.60 615.20 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 489.01 615.20 Td (3.64%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 517.42 615.20 Td (, over ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 70.19 602.00 Td (201) Tj ET Q q 0 0 0 rg BT 86.28 602.00 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 91.78 602.00 Td ( amount of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 142.19 602.00 Td ($13.88 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 206.97 602.00 Td (. ) Tj ET Q q 0 0 0 rg BT 215.02 602.00 Td (The increase from 2012 was primarily driven by increases related to our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (mortgage operations, the opening of new banking of) Tj ET Q q 0 0 0 rg BT 284.13 588.80 Td (fices in ) Tj ET Q q 0 0 0 rg BT 318.75 588.80 Td (V) Tj ET Q q 0 0 0 rg BT 326.04 588.80 Td (ir) Tj ET Q q 0 0 0 rg BT 332.56 588.80 Td (ginia Beach and Southern Shores, higher ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (maintenance and repair expenses, and increased depreciation expense. ) Tj ET Q q 0 0 0 rg BT 368.07 575.60 Td (The primary driver of the increase in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (occupancy expense in 2012 was the expansion of mortgage operations combined with an increase in depreciation ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (expense related to the expansion of our Member Service Center in Suf) Tj ET Q q 0 0 0 rg BT 363.23 549.20 Td (folk, ) Tj ET Q q 0 0 0 rg BT 386.25 549.20 Td (V) Tj ET Q q 0 0 0 rg BT 393.53 549.20 Td (ir) Tj ET Q q 0 0 0 rg BT 400.05 549.20 Td (ginia.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (Furniture and equipment expense was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 223.54 522.80 Td ($7.46 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 282.82 522.80 Td ( for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 301.15 522.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 323.15 522.80 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 340.56 522.80 Td ($991,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 381.81 522.80 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 403.19 522.80 Td (15.32%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 437.10 522.80 Td ( higher than ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 492.39 522.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 514.39 522.80 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (Furniture and equipment expense was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 223.54 509.60 Td ($6.47 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 282.82 509.60 Td ( for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 301.15 509.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 323.15 509.60 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 340.56 509.60 Td ($662,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 381.81 509.60 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 403.19 509.60 Td (1) Tj ET Q q 0 0 0 rg BT 408.28 509.60 Td (1.40%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 436.70 509.60 Td ( higher than comparative ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (201) Tj ET Q q 0 0 0 rg BT 70.09 496.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 75.59 496.40 Td (. Increases in both comparative periods were related to furnishing new facilities and the associated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (depreciation expense on the capitalized furnishings utilized in those facilities.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (Other expenses for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 139.83 456.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 161.83 456.80 Td ( were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 188.70 456.80 Td ($47.93 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 253.48 456.80 Td (, which was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 308.47 456.80 Td ($301,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 349.72 456.80 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 367.13 456.80 Td (0.62%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 395.55 456.80 Td (, lower than the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 466.72 456.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 488.72 456.80 Td ( amount of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td ($48.23 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.78 443.60 Td (. ) Tj ET Q q 0 0 0 rg BT 126.83 443.60 Td (The primary driver of the decrease was expenses related to foreclosed properties, which declined ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 67.75 430.40 Td ($2.59 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 127.03 430.40 Td (. ) Tj ET Q q 0 0 0 rg BT 135.08 430.40 Td (The decrease was mostly of) Tj ET Q q 0 0 0 rg BT 257.06 430.40 Td (fset by increases in expenses related to advertising and marketing, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (which were higher by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 152.36 417.20 Td ($556,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 193.61 417.20 Td (, an increase in charitable contributions of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 381.15 417.20 Td ($635,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 422.40 417.20 Td (, and an increase in travel, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (meals, and entertainment of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 178.93 404.00 Td ($443,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 220.18 404.00 Td (. Other expenses for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 314.26 404.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 336.26 404.00 Td ( were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 363.13 404.00 Td ($48.23 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 427.91 404.00 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 445.32 404.00 Td (5.82%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 473.73 404.00 Td (, higher than the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (201) Tj ET Q q 0 0 0 rg BT 70.09 390.80 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 75.59 390.80 Td ( amount of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.00 390.80 Td ($45.58 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 190.78 390.80 Td ( due to increases in advertising and marketing, software expense, professional fees, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (and other expenses due to an impairment char) Tj ET Q q 0 0 0 rg BT 255.70 377.60 Td (ge taken in the third quarter of 2012 on a building that was razed on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (a bank-owned property intended to be the site of a future branch.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (Income ) Tj ET Q q 0 0 0 rg BT 91.38 338.00 Td (T) Tj ET Q q 0 0 0 rg BT 97.70 338.00 Td (axes: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 124.28 338.00 Td ( Income taxes for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 335.02 338.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 357.02 338.00 Td ( were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 383.89 338.00 Td ($17.13 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 448.67 338.00 Td (. ) Tj ET Q q 0 0 0 rg BT 456.72 338.00 Td (This was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td ($3.17million higher than the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 184.76 324.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 206.76 324.80 Td ( amount of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 257.17 324.80 Td ($13.96 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 321.95 324.80 Td (, which was $1.24 million higher than the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 507.70 324.80 Td (201) Tj ET Q q 0 0 0 rg BT 523.79 324.80 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 529.29 324.80 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (amount of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 101.66 311.60 Td ($12.73 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 166.44 311.60 Td (. ) Tj ET Q q 0 0 0 rg BT 174.49 311.60 Td (The ef) Tj ET Q q 0 0 0 rg BT 202.69 311.60 Td (fective tax rate for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 286.36 311.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 308.36 311.60 Td ( was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 330.97 311.60 Td (29.09%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 364.88 311.60 Td ( versus ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 398.49 311.60 Td (26.91%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 432.40 311.60 Td ( for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 450.73 311.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 472.73 311.60 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 494.11 311.60 Td (27.64%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 528.02 311.60 Td ( for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (201) Tj ET Q q 0 0 0 rg BT 70.09 298.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 75.59 298.40 Td (. ) Tj ET Q q 0 0 0 rg BT 83.64 298.40 Td (The rate increase in 2013 was primarily due to higher taxable income, which more than of) Tj ET Q q 0 0 0 rg BT 479.92 298.40 Td (fset the increase ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (in federal tax credits from community reinvestment activity) Tj ET Q q 0 0 0 rg BT 315.67 285.20 Td (, while the 2012 decrease was primarily a result of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.00 Td (increased federal tax credits from community reinvestment activity) Tj ET Q q 0 0 0 rg BT 348.65 272.00 Td (. Refer to Note 19 in the Notes to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (Consolidated Financial Statements for a discussion regarding the components of the statutory rate and the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.60 Td (deferred tax composition.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 219.20 Td (SEGMENT) Tj ET Q q 0 0 0 rg BT 108.81 219.20 Td ( PERFORMANCE SUMMAR) Tj ET Q q 0 0 0 rg BT 251.41 219.20 Td (Y) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.80 Td (Our reportable segments are a traditional full-service community bank, a full-service realty business, and a full-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.60 Td (service insurance agency) Tj ET Q q 0 0 0 rg BT 163.23 179.60 Td (. In this section, we discuss the performance and financial results of our segments. For ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.40 Td (further financial details, see Note 24 in the Notes to Consolidated Financial Statements. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 140.00 Td (Banking Segment:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.49 140.00 Td ( For the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 295.34 140.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 317.34 140.00 Td (, the Banking segment represented ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 471.90 140.00 Td (82.36%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 505.82 140.00 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.80 Td ($34.40million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.78 126.80 Td (, of our total consolidated net income, compared to 76.29% and 83.90% for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 453.28 126.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 475.28 126.80 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 496.66 126.80 Td (201) Tj ET Q q 0 0 0 rg BT 512.75 126.80 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 518.25 126.80 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 100.40 Td (Earnings for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 242.75 100.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 264.75 100.40 Td ( for the Banking segment were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 402.82 100.40 Td ($34.40million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 467.60 100.40 Td (, increasing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 87.20 Td ($5.46million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 113.28 87.20 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 130.69 87.20 Td (18.86%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 164.61 87.20 Td (, from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 194.24 87.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 216.24 87.20 Td (. ) Tj ET Q q 0 0 0 rg BT 224.29 87.20 Td (The increase in earnings was primarily driven by a decrease in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 74.00 Td (provision for loan losses of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 176.51 74.00 Td ($1) Tj ET Q q 0 0 0 rg BT 187.11 74.00 Td (1.91 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 240.89 74.00 Td ( or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 255.55 74.00 Td (73.70%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 289.46 74.00 Td ( and an increase in service char) Tj ET Q q 0 0 0 rg BT 426.69 74.00 Td (ges on deposit accounts of ) Tj ET Q endstream endobj 35 0 obj <> endobj 36 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (15) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td ($884,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 95.25 694.40 Td ( or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 109.91 694.40 Td (1) Tj ET Q q 0 0 0 rg BT 115.00 694.40 Td (1.34%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 143.42 694.40 Td (. Comparatively) Tj ET Q q 0 0 0 rg BT 216.33 694.40 Td (, earnings for the year ended December31,) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 408.74 694.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 430.74 694.40 Td ( for the Banking segment ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 78.12 681.20 Td ($28.94million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 142.90 681.20 Td (, increasing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 196.36 681.20 Td ($981,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 237.61 681.20 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 255.02 681.20 Td (3.51%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 283.43 681.20 Td (, over ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 311.23 681.20 Td (201) Tj ET Q q 0 0 0 rg BT 327.32 681.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 332.82 681.20 Td (. ) Tj ET Q q 0 0 0 rg BT 340.87 681.20 Td (The increase was primarily due to a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td ($6.80million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 113.28 668.00 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 130.69 668.00 Td (5.05%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 159.11 668.00 Td (, increase in net interest income and an increase in service char) Tj ET Q q 0 0 0 rg BT 435.61 668.00 Td (ges on deposit accounts ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (and credit card merchant fees.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (Noninterest expense for the year ended December 31, 2013 increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 362.18 628.40 Td ($939,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 403.43 628.40 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 420.84 628.40 Td (0.87%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 449.25 628.40 Td (, over ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 477.05 628.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 499.05 628.40 Td (. ) Tj ET Q q 0 0 0 rg BT 507.10 628.40 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (primary factors resulting in the increase were additional salaries and employee benefits of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 451.99 615.20 Td ($1.57million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 511.27 615.20 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (2.68%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 82.41 602.00 Td (, occupancy expense of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 187.78 602.00 Td ($580,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 229.03 602.00 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 246.45 602.00 Td (5.33%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 274.86 602.00 Td (, and furniture and equipment expense of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 458.13 602.00 Td ($655,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 499.38 602.00 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 516.79 602.00 Td (12.61%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 550.71 602.00 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (which were partially of) Tj ET Q q 0 0 0 rg BT 156.12 588.80 Td (fset by a decrease in foreclosed property expense of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 386.71 588.80 Td ($1.57million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 445.99 588.80 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 463.41 588.80 Td (34.1) Tj ET Q q 0 0 0 rg BT 482.25 588.80 Td (1%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 496.91 588.80 Td (, and other ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (expenses of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 108.37 575.60 Td ($1.42million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 167.65 575.60 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 185.07 575.60 Td (12.70%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 218.98 575.60 Td (. ) Tj ET Q q 0 0 0 rg BT 227.03 575.60 Td (The decrease in other expenses was mainly a result of an impairment ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (char) Tj ET Q q 0 0 0 rg BT 72.73 562.40 Td (ge taken in the third quarter of 2012 on a building that was razed on a bank-owned property intended to be the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (site of a future branch. For the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 308.12 549.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 330.12 549.20 Td (, noninterest expenses increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 473.98 549.20 Td ($4.84million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 533.26 549.20 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (4.68%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 82.41 536.00 Td (, over ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 110.21 536.00 Td (201) Tj ET Q q 0 0 0 rg BT 126.30 536.00 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 131.80 536.00 Td (. ) Tj ET Q q 0 0 0 rg BT 139.85 536.00 Td (The primary factors in the increase were increases in salaries and benefits of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 478.56 536.00 Td ($3.98million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 537.84 536.00 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (an increase in advertising and marketing expenses of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 289.19 522.80 Td ($1.05million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 348.48 522.80 Td (, which were partially of) Tj ET Q q 0 0 0 rg BT 456.10 522.80 Td (fset by a decrease in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (foreclosed property expenses of $1.21 million. ) Tj ET Q endstream endobj 37 0 obj <> endobj 38 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (16) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The following chart presents revenue and expenses for the Banking segment \(dollars in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 657.9 m 408 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 657.9 m 412 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 657.9 m 457 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457 657.9 m 461 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 657.9 m 506 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 657.9 m 510 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 657.9 m 555 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 643.9 m 261 643.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 261 643.9 m 265 643.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 643.9 m 310 643.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 643.9 m 314 643.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314 643.9 m 359 643.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 643.9 m 408 643.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 643.9 m 412 643.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 643.9 m 457 643.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 643.9 m 506 643.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 643.9 m 510 643.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 643.9 m 555 643.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 629.9 m 261 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 629.9 m 310 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314 629.9 m 359 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 629.9 m 408 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 629.9 m 457 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 629.9 m 506 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 629.9 m 555 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 557.9 m 261 557.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 557.9 m 310 557.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314 557.9 m 359 557.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 557.9 m 408 557.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 557.9 m 506 557.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 557.9 m 261 557.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 557.9 m 310 557.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314 557.9 m 359 557.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 533.9 m 261 533.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 533.9 m 310 533.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314 533.9 m 359 533.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 533.9 m 408 533.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 533.9 m 506 533.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 533.9 m 261 533.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 521.9 m 261 521.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 533.9 m 310 533.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 521.9 m 310 521.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314 533.9 m 359 533.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314 521.9 m 359 521.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 521.9 m 506 521.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 521.9 m 310 521.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314 521.9 m 359 521.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 521.9 m 408 521.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 327.9 m 261 327.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 327.9 m 310 327.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314 327.9 m 359 327.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 327.9 m 408 327.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 327.9 m 506 327.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 327.9 m 261 327.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 327.9 m 310 327.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314 327.9 m 359 327.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 276.9 m 261 276.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 276.9 m 310 276.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314 276.9 m 359 276.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 276.9 m 408 276.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 276.9 m 506 276.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 276.9 m 310 276.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314 276.9 m 359 276.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 249.89999999999998 m 261 249.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 237.89999999999998 m 261 237.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216 235.89999999999998 m 261 235.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 249.89999999999998 m 310 249.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 237.89999999999998 m 310 237.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 235.89999999999998 m 310 235.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 249.89999999999998 m 314 249.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 237.89999999999998 m 314 237.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 235.89999999999998 m 314 235.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314 249.89999999999998 m 359 249.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314 237.89999999999998 m 359 237.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 314 235.89999999999998 m 359 235.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 249.89999999999998 m 408 249.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 237.89999999999998 m 408 237.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363 235.89999999999998 m 408 235.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 249.89999999999998 m 506 249.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 237.89999999999998 m 506 237.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 235.89999999999998 m 506 235.89999999999998 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 264.45 662.35 Td (Year Ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 420.90 662.35 Td (Increase/\(Decrease\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 260.80 648.35 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 380.80 648.35 Td (2013 over 2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.05 648.35 Td (2012 over 2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 229.00 634.35 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 278.00 634.35 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 327.20 634.35 Td (2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 369.20 634.35 Td (Amount) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 419.30 634.35 Td (Percent) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 467.20 634.35 Td (Amount) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 517.30 634.35 Td (Percent) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 58.50 621.16 Td (Revenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 609.16 Td (Net interest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 218.50 609.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 228.25 609.16 Td (141,543) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 267.50 609.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 277.25 609.16 Td (141,517) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 316.50 609.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 326.25 609.16 Td (134,720) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.50 609.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.15 609.16 Td (26) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 609.16 Td (0.02) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 609.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.50 609.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.90 609.16 Td (6,797) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.25 609.16 Td (5.05) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 609.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 597.16 Td (Noninterest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 76.50 585.16 Td (Service charges on deposit accounts) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 585.16 Td (8,682) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.25 585.16 Td (7,798) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.25 585.16 Td (7,211) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.65 585.16 Td (884) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 425.75 585.16 Td (11.34) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 585.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.65 585.16 Td (587) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.25 585.16 Td (8.14) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 585.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 76.50 573.16 Td (Credit card merchant fees) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 573.16 Td (3,471) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.25 573.16 Td (3,578) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.25 573.16 Td (2,828) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.65 573.16 Td (\(107) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.15 573.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.25 573.16 Td (\(2.99) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.00 573.16 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.65 573.16 Td (750) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.75 573.16 Td (26.52) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 573.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 76.50 561.16 Td (Other income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 561.16 Td (5,251) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.25 561.16 Td (5,297) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.25 561.16 Td (5,277) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 392.15 561.16 Td (\(46) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.15 561.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.25 561.16 Td (\(0.87) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.00 561.16 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 493.15 561.16 Td (20) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.25 561.16 Td (0.38) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 561.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 76.50 549.16 Td (Subtotal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.75 549.16 Td (17,404) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 281.75 549.16 Td (16,673) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.75 549.16 Td (15,316) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.65 549.16 Td (731) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 549.16 Td (4.38) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 549.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.90 549.16 Td (1,357) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.25 549.16 Td (8.86) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 549.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 76.50 537.16 Td (Gain on investment securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 244.00 537.16 Td (611) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.25 537.16 Td (3,005) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.25 537.16 Td (3,681) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.90 537.16 Td (\(2,394) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.15 537.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 422.75 537.16 Td (\(79.67) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.00 537.16 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.65 537.16 Td (\(676) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.15 537.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.75 537.16 Td (\(18.36) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.00 537.16 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 525.16 Td (Total noninterest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.75 525.16 Td (18,015) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 281.75 525.16 Td (19,678) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.75 525.16 Td (18,997) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.90 525.16 Td (\(1,663) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.15 525.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.25 525.16 Td (\(8.45) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.00 525.16 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.65 525.16 Td (681) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.25 525.16 Td (3.58) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 525.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 58.50 513.16 Td (Total revenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 228.25 513.16 Td (159,558) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 277.25 513.16 Td (161,195) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 326.25 513.16 Td (153,717) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.90 513.16 Td (\(1,637) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.15 513.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.25 513.16 Td (\(1.02) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.00 513.16 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.90 513.16 Td (7,478) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.25 513.16 Td (4.86) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 513.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 58.50 488.16 Td (Provision for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 488.16 Td (4,248) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 281.75 488.16 Td (16,155) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.75 488.16 Td (13,602) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.40 488.16 Td (\(11,907) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.15 488.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 422.75 488.16 Td (\(73.70) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.00 488.16 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.90 488.16 Td (2,553) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.75 488.16 Td (18.77) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 488.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 58.50 463.16 Td (Expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 451.16 Td (Salaries and employee benefits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.75 451.16 Td (60,259) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 281.75 451.16 Td (58,685) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.75 451.16 Td (54,703) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.90 451.16 Td (1,574) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 451.16 Td (2.68) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 451.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.90 451.16 Td (3,982) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.25 451.16 Td (7.28) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 451.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 439.16 Td (Occupancy expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.75 439.16 Td (11,471) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 281.75 439.16 Td (10,891) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.75 439.16 Td (10,568) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.65 439.16 Td (580) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 439.16 Td (5.33) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 439.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.65 439.16 Td (323) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.25 439.16 Td (3.06) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 439.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 427.16 Td (Furniture and equipment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 427.16 Td (5,849) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.25 427.16 Td (5,194) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.25 427.16 Td (4,446) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.65 427.16 Td (655) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 425.75 427.16 Td (12.61) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 427.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.65 427.16 Td (748) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.75 427.16 Td (16.82) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 427.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 415.16 Td (Advertising and marketing) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 415.16 Td (3,044) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.25 415.16 Td (3,099) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.25 415.16 Td (2,048) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 392.15 415.16 Td (\(55) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.15 415.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.25 415.16 Td (\(1.77) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.00 415.16 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.90 415.16 Td (1,051) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.75 415.16 Td (51.32) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 415.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 403.16 Td (Charitable contributions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 403.16 Td (4,124) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.25 403.16 Td (3,452) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.25 403.16 Td (3,050) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.65 403.16 Td (672) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 425.75 403.16 Td (19.47) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 403.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.65 403.16 Td (402) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.75 403.16 Td (13.18) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 403.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 391.16 Td (Outside processing) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 391.16 Td (2,443) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.25 391.16 Td (2,193) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.25 391.16 Td (2,360) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.65 391.16 Td (250) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 425.75 391.16 Td (11.40) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 391.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.65 391.16 Td (\(167) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.15 391.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.25 391.16 Td (\(7.08) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.00 391.16 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 379.16 Td (Foreclosed property expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 379.16 Td (3,039) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.25 379.16 Td (4,612) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.25 379.16 Td (5,822) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.90 379.16 Td (\(1,573) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.15 379.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 422.75 379.16 Td (\(34.11) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.00 379.16 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.90 379.16 Td (\(1,210) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.15 379.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.75 379.16 Td (\(20.78) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.00 379.16 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 367.16 Td (FDIC and other insurance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 367.16 Td (3,784) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.25 367.16 Td (3,757) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.25 367.16 Td (4,257) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.15 367.16 Td (27) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 367.16 Td (0.72) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 367.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.65 367.16 Td (\(500) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.15 367.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.75 367.16 Td (\(11.75) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.00 367.16 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 355.16 Td (Professional fees) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 355.16 Td (2,967) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.25 355.16 Td (2,911) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.25 355.16 Td (2,766) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.15 355.16 Td (56) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 355.16 Td (1.92) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 355.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.65 355.16 Td (145) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.25 355.16 Td (5.24) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 355.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 343.16 Td (Telephone and postage) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 343.16 Td (2,428) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.25 343.16 Td (2,259) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.25 343.16 Td (1,503) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.65 343.16 Td (169) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 343.16 Td (7.48) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 343.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.65 343.16 Td (756) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.75 343.16 Td (50.30) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 343.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 331.16 Td (Other expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 331.16 Td (9,730) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 281.75 331.16 Td (11,146) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.75 331.16 Td (11,836) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.90 331.16 Td (\(1,416) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.15 331.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 422.75 331.16 Td (\(12.70) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.00 331.16 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.65 331.16 Td (\(690) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.15 331.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.25 331.16 Td (\(5.83) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.00 331.16 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 58.50 319.16 Td (Total expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 228.25 319.16 Td (109,138) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 277.25 319.16 Td (108,199) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 326.25 319.16 Td (103,359) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.65 319.16 Td (939) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 319.16 Td (0.87) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 319.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.90 319.16 Td (4,840) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.25 319.16 Td (4.68) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 319.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 58.50 302.36 Td (Income before income tax expense and) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 293.36 Td (corporate allocation) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.75 293.36 Td (46,172) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 281.75 293.36 Td (36,841) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.75 293.36 Td (36,756) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.90 293.36 Td (9,331) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 425.75 293.36 Td (25.33) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 293.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 493.15 293.36 Td (85) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.25 293.36 Td (0.23) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 293.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 58.50 280.16 Td (Corporate allocation) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 244.00 280.16 Td (904) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 293.00 280.16 Td (565) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.00 280.16 Td (468) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.65 280.16 Td (339) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 425.75 280.16 Td (60.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 280.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 493.15 280.16 Td (97) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.75 280.16 Td (20.73) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 280.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 58.50 266.36 Td (Income before income tax provision) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.75 266.36 Td (47,076) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 281.75 266.36 Td (37,406) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.75 266.36 Td (37,224) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.90 266.36 Td (9,670) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 425.75 266.36 Td (25.85) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 266.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.65 266.36 Td (182) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.25 266.36 Td (0.49) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 266.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 58.50 253.16 Td (Provision for income tax expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 229.75 253.16 Td (\(12,680) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 257.50 253.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 283.25 253.16 Td (\(8,468) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.50 253.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 332.25 253.16 Td (\(9,267) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.50 253.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.90 253.16 Td (\(4,212) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.15 253.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 425.75 253.16 Td (49.74) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 253.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.65 253.16 Td (799) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.25 253.16 Td (\(8.62) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.00 253.16 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 58.50 241.16 Td (Net income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 218.50 241.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.75 241.16 Td (34,396) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 267.50 241.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 281.75 241.16 Td (28,938) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 316.50 241.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.75 241.16 Td (27,957) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.50 241.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.90 241.16 Td (5,458) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 425.75 241.16 Td (18.86) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 241.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.50 241.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.65 241.16 Td (981) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.25 241.16 Td (3.51) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.00 241.16 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 211.00 Td (Realty Segment:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 131.28 211.00 Td ( For the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 286.14 211.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 308.14 211.00 Td (, the Realty segment represented ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 454.14 211.00 Td (9.73%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 482.55 211.00 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 499.97 211.00 Td ($4.06 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 197.80 Td (million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 85.78 197.80 Td (, of our total consolidated net income compared to 17.78%, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 361.32 197.80 Td ($6.74 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 420.60 197.80 Td (, for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 441.67 197.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 463.67 197.80 Td (, and 7.93%, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 184.60 Td ($2.64 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 113.28 184.60 Td (, for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 134.36 184.60 Td (201) Tj ET Q q 0 0 0 rg BT 150.45 184.60 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 155.95 184.60 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 158.20 Td (Earnings before income tax provision and noncontrolling interest for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 490.49 158.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 512.49 158.20 Td ( for the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 145.00 Td (Realty segment were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 148.99 145.00 Td ($8.55 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 208.27 145.00 Td (, decreasing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 263.55 145.00 Td (30.04%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 297.47 145.00 Td ( from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 324.35 145.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 346.35 145.00 Td (, which increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 425.76 145.00 Td (254.78%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 465.17 145.00 Td ( from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 492.06 145.00 Td (201) Tj ET Q q 0 0 0 rg BT 508.15 145.00 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 513.65 145.00 Td (. ) Tj ET Q q 0 0 0 rg BT 521.70 145.00 Td (T) Tj ET Q q 0 0 0 rg BT 527.65 145.00 Td (otal ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 131.80 Td (revenue increased to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 147.15 131.80 Td ($47.43 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 211.93 131.80 Td ( in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 225.98 131.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 247.98 131.80 Td ( from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 274.86 131.80 Td ($44.92 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 339.65 131.80 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 361.03 131.80 Td ($28.67 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 425.81 131.80 Td ( in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 439.86 131.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 461.86 131.80 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 483.25 131.80 Td (201) Tj ET Q q 0 0 0 rg BT 499.34 131.80 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 504.84 131.80 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 118.60 Td (respectively) Tj ET Q q 0 0 0 rg BT 106.43 118.60 Td (. ) Tj ET Q q 0 0 0 rg BT 114.48 118.60 Td (The expansion of our mortgage operations resulted in an increase in net mortgage banking income ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 105.40 Td (of $3.14 million in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 139.25 105.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 161.25 105.40 Td ( and $10.37 million in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 261.47 105.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 283.47 105.40 Td (. ) Tj ET Q q 0 0 0 rg BT 291.11 105.40 Td (Additionally) Tj ET Q q 0 0 0 rg BT 346.00 105.40 Td (, there was a decrease in income associated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 92.20 Td (with a decline in value of rate lock commitments of $661,000 in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 339.01 92.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 361.01 92.20 Td ( compared to an increase of $1.24million in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 79.00 Td (2012. Our mortgage operations benefited from improving housing markets, but increases in rates have led to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 65.80 Td (thinner mar) Tj ET Q q 0 0 0 rg BT 104.81 65.80 Td (gins and lower revenue. ) Tj ET Q q 0 0 0 rg BT 215.19 65.80 Td (The strengthening in the housing market resulted in an increase in net real ) Tj ET Q endstream endobj 39 0 obj <> endobj 40 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (17) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (estate brokerage income of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 175.55 694.40 Td ($963,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 216.80 694.40 Td ( compared to a relatively flat year in 2012, which had a slight decrease of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td ($4,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 84.25 681.20 Td ( from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 111.13 681.20 Td (201) Tj ET Q q 0 0 0 rg BT 127.22 681.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 132.72 681.20 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (Expenses for the Realty segment increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 245.21 654.80 Td (18.60%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 279.12 654.80 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 296.54 654.80 Td ($6.01 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 355.82 654.80 Td (, when compared to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 445.32 654.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 467.32 654.80 Td (, which increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (29.53%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 87.91 641.60 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 105.33 641.60 Td ($7.37 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 164.61 641.60 Td (, when compared to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 254.11 641.60 Td (201) Tj ET Q q 0 0 0 rg BT 270.20 641.60 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 275.70 641.60 Td (. For the year ended December 31, 2013, the expansion of our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (mortgage operations has resulted in additional expenses of $4.01 million. Comparatively) Tj ET Q q 0 0 0 rg BT 446.45 628.40 Td (, expenses relating to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (new mortgage operations for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 314.84 615.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 336.84 615.20 Td ( totaled $7.36million. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (The following chart presents revenue and expenses for the Realty segment \(dollars in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 553.1 m 420.5 553.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 553.1 m 424.5 553.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 553.1 m 466.5 553.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 553.1 m 470.5 553.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 553.1 m 512.5 553.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 553.1 m 516.5 553.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 553.1 m 558.5 553.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240.5 541.1 m 282.5 541.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 541.1 m 286.5 541.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 541.1 m 328.5 541.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 541.1 m 332.5 541.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 541.1 m 374.5 541.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 541.1 m 420.5 541.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 541.1 m 424.5 541.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 541.1 m 466.5 541.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 541.1 m 512.5 541.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 541.1 m 516.5 541.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 541.1 m 558.5 541.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240.5 529.1 m 282.5 529.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 529.1 m 328.5 529.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 529.1 m 374.5 529.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 529.1 m 420.5 529.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 529.1 m 466.5 529.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 529.1 m 512.5 529.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 529.1 m 558.5 529.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240.5 430.1 m 282.5 430.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 430.1 m 328.5 430.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 430.1 m 374.5 430.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 430.1 m 420.5 430.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 430.1 m 512.5 430.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 430.1 m 328.5 430.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 430.1 m 374.5 430.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240.5 340.1 m 282.5 340.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 340.1 m 328.5 340.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 340.1 m 374.5 340.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 340.1 m 420.5 340.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 340.1 m 512.5 340.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 340.1 m 328.5 340.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 340.1 m 374.5 340.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240.5 290.1 m 282.5 290.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 290.1 m 328.5 290.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 290.1 m 374.5 290.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 290.1 m 420.5 290.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 290.1 m 512.5 290.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240.5 255.10000000000002 m 282.5 255.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 255.10000000000002 m 328.5 255.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 255.10000000000002 m 374.5 255.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 255.10000000000002 m 420.5 255.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 255.10000000000002 m 512.5 255.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 255.10000000000002 m 328.5 255.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 255.10000000000002 m 374.5 255.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240.5 231.10000000000002 m 282.5 231.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240.5 220.10000000000002 m 282.5 220.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240.5 218.10000000000002 m 282.5 218.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 231.10000000000002 m 328.5 231.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 220.10000000000002 m 328.5 220.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 286.5 218.10000000000002 m 328.5 218.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 231.10000000000002 m 374.5 231.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 220.10000000000002 m 374.5 220.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 218.10000000000002 m 374.5 218.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 231.10000000000002 m 420.5 231.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 220.10000000000002 m 420.5 220.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 218.10000000000002 m 420.5 218.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 231.10000000000002 m 512.5 231.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 220.10000000000002 m 512.5 220.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 218.10000000000002 m 512.5 218.10000000000002 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 284.45 556.50 Td (Year Ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 430.40 556.50 Td (Increase/\(Decrease\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 280.80 544.50 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 393.30 544.50 Td (2013 over 2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 485.55 544.50 Td (2012 over 2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 252.00 532.50 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 298.00 532.50 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 344.20 532.50 Td (2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 383.20 532.50 Td (Amount) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 430.30 532.50 Td (Percent) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 475.20 532.50 Td (Amount) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.30 532.50 Td (Percent) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 520.36 Td (Revenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 498.56 Td (Residential mortgage banking income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 243.00 498.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 254.25 498.56 Td (29,425) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 289.00 498.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 300.25 498.56 Td (27,546) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.00 498.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 346.25 498.56 Td (12,799) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 498.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.40 498.56 Td (1,879) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.75 498.56 Td (6.82) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 498.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.00 498.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.85 498.56 Td (14,747) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.75 498.56 Td (115.22) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 498.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 484.56 Td (Real estate brokerage income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 258.75 484.56 Td (6,330) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.75 484.56 Td (5,367) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.75 484.56 Td (5,371) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.15 484.56 Td (963) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.25 484.56 Td (17.94) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 484.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 501.15 484.56 Td (\(4) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.65 484.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.75 484.56 Td (\(0.07) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 484.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 471.36 Td (Title insurance and settlement fees) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 258.75 471.36 Td (1,921) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.75 471.36 Td (1,830) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.75 471.36 Td (1,681) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.65 471.36 Td (91) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.75 471.36 Td (4.97) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 471.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.15 471.36 Td (149) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.75 471.36 Td (8.86) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 471.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 459.36 Td (Property management fees, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 258.75 459.36 Td (5,986) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.75 459.36 Td (6,148) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.75 459.36 Td (6,125) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 400.15 459.36 Td (\(162) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.65 459.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.75 459.36 Td (\(2.64) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.50 459.36 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 499.65 459.36 Td (23) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.75 459.36 Td (0.38) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 459.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 446.56 Td (Income from unconsolidated subsidiary) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 265.50 446.56 Td (562) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 311.50 446.56 Td (578) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.50 446.56 Td (410) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.65 446.56 Td (\(16) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.65 446.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.75 446.56 Td (\(2.77) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.50 446.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.15 446.56 Td (168) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.25 446.56 Td (40.98) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 446.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 433.36 Td (Net interest and other income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 258.75 433.36 Td (3,206) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.75 433.36 Td (3,455) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.75 433.36 Td (2,287) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 400.15 433.36 Td (\(249) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.65 433.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.75 433.36 Td (\(7.21) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.50 433.36 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.40 433.36 Td (1,168) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.25 433.36 Td (51.07) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 433.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 421.36 Td (Total revenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 254.25 421.36 Td (47,430) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 300.25 421.36 Td (44,924) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 346.25 421.36 Td (28,673) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.40 421.36 Td (2,506) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.75 421.36 Td (5.58) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 421.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.85 421.36 Td (16,251) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.25 421.36 Td (56.68) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 421.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 403.36 Td (Expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 391.36 Td (Salaries and employee benefits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 254.25 391.36 Td (22,603) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 300.25 391.36 Td (18,973) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 346.25 391.36 Td (13,565) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.40 391.36 Td (3,630) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.25 391.36 Td (19.13) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 391.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.40 391.36 Td (5,408) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.25 391.36 Td (39.87) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 391.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 379.36 Td (Occupancy expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 258.75 379.36 Td (3,557) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.75 379.36 Td (2,547) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.75 379.36 Td (2,417) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.40 379.36 Td (1,010) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.25 379.36 Td (39.65) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 379.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.15 379.36 Td (130) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.75 379.36 Td (5.38) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 379.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 367.36 Td (Furniture and equipment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 258.75 367.36 Td (1,010) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 311.50 367.36 Td (778) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.50 367.36 Td (812) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.15 367.36 Td (232) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.25 367.36 Td (29.82) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 367.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 367.36 Td (\(34) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.65 367.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.75 367.36 Td (\(4.19) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 367.36 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 355.36 Td (Amortization of intangible assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 265.50 355.36 Td (515) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 311.50 355.36 Td (663) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.50 355.36 Td (907) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 400.15 355.36 Td (\(148) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.65 355.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.25 355.36 Td (\(22.32) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.50 355.36 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 492.15 355.36 Td (\(244) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.65 355.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.25 355.36 Td (\(26.90) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 355.36 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 343.36 Td (Other expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 254.25 343.36 Td (10,631) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.75 343.36 Td (9,346) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.75 343.36 Td (7,241) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.40 343.36 Td (1,285) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.25 343.36 Td (13.75) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 343.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.40 343.36 Td (2,105) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.25 343.36 Td (29.07) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 343.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 331.36 Td (Total expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 254.25 331.36 Td (38,316) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 300.25 331.36 Td (32,307) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 346.25 331.36 Td (24,942) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.40 331.36 Td (6,009) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.25 331.36 Td (18.60) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 331.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.40 331.36 Td (7,365) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.25 331.36 Td (29.53) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 331.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 314.56 Td (Income before income tax, corporate allocation,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 305.56 Td (and noncontrolling interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 258.75 305.56 Td (9,114) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 300.25 305.56 Td (12,617) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.75 305.56 Td (3,731) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.40 305.56 Td (\(3,503) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.65 305.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.25 305.56 Td (\(27.76) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.50 305.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.40 305.56 Td (8,886) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.75 305.56 Td (238.17) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 305.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 292.41 Td (Corporate allocation) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 262.50 292.41 Td (\(568) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 292.41 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.50 292.41 Td (\(402) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 325.00 292.41 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 354.50 292.41 Td (\(288) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.00 292.41 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 400.15 292.41 Td (\(166) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.65 292.41 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.25 292.41 Td (41.29) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 292.41 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 492.15 292.41 Td (\(114) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.65 292.41 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.25 292.41 Td (39.58) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 292.41 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 280.56 Td (Income before income tax provision and) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 271.56 Td (noncontrolling interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 258.75 271.56 Td (8,546) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 300.25 271.56 Td (12,215) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.75 271.56 Td (3,443) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.40 271.56 Td (\(3,669) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.65 271.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.25 271.56 Td (\(30.04) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.50 271.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.40 271.56 Td (8,772) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.75 271.56 Td (254.78) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 271.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 258.36 Td (Provision for income tax) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 255.75 258.36 Td (\(2,384) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 258.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.75 258.36 Td (\(3,995) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 325.00 258.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 347.75 258.36 Td (\(1,626) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.00 258.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.40 258.36 Td (1,611) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.25 258.36 Td (\(40.33) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.50 258.36 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.40 258.36 Td (\(2,369) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.65 258.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.75 258.36 Td (145.69) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 258.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 246.36 Td (Net income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 258.75 246.36 Td (6,162) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.75 246.36 Td (8,220) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.75 246.36 Td (1,817) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.40 246.36 Td (\(2,058) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.65 246.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.25 246.36 Td (\(25.04) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.50 246.36 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.40 246.36 Td (6,403) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.75 246.36 Td (352.39) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 246.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 234.36 Td (Noncontrolling interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 255.75 234.36 Td (\(2,099) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 234.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.75 234.36 Td (\(1,475) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 325.00 234.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.50 234.36 Td (824) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 400.15 234.36 Td (\(624) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.65 234.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.25 234.36 Td (42.31) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 234.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.40 234.36 Td (\(2,299) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.65 234.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 537.95 234.36 Td (N/M) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 222.36 Td (Net income attributable to TowneBank) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 243.00 222.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 258.75 222.36 Td (4,063) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 289.00 222.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.75 222.36 Td (6,745) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.00 222.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.75 222.36 Td (2,641) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 222.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.40 222.36 Td (\(2,682) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.65 222.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.25 222.36 Td (\(39.76) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.50 222.36 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.00 222.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.40 222.36 Td (4,104) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.75 222.36 Td (155.40) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 222.36 Td (%) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 41 0 obj <> endobj 42 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (18) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The following chart shows the key data for the Realty segment \(dollars in thousands\):) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 658.7 m 420.5 658.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 658.7 m 424.5 658.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 658.7 m 466.5 658.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 658.7 m 470.5 658.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 658.7 m 512.5 658.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 658.7 m 516.5 658.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 658.7 m 558.5 658.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 224.5 646.7 m 271.5 646.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 271.5 646.7 m 276.5 646.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 646.7 m 323.5 646.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 646.7 m 327.5 646.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 646.7 m 374.5 646.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 646.7 m 420.5 646.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 646.7 m 424.5 646.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 646.7 m 466.5 646.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 646.7 m 512.5 646.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 646.7 m 516.5 646.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 646.7 m 558.5 646.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 224.5 634.7 m 271.5 634.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 634.7 m 323.5 634.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 634.7 m 374.5 634.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 634.7 m 420.5 634.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 634.7 m 466.5 634.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 634.7 m 512.5 634.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 634.7 m 558.5 634.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 224.5 558.7 m 271.5 558.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 558.7 m 323.5 558.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 558.7 m 374.5 558.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 558.7 m 420.5 558.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 558.7 m 512.5 558.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 558.7 m 323.5 558.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 558.7 m 374.5 558.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 224.5 518.7 m 271.5 518.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 518.7 m 323.5 518.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 518.7 m 374.5 518.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 518.7 m 420.5 518.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 518.7 m 512.5 518.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 518.7 m 323.5 518.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 518.7 m 374.5 518.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 224.5 477.7 m 271.5 477.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 477.7 m 323.5 477.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 477.7 m 374.5 477.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 477.7 m 420.5 477.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 477.7 m 512.5 477.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 224.5 426.7 m 271.5 426.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 426.7 m 323.5 426.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 426.7 m 374.5 426.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 426.7 m 420.5 426.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 426.7 m 512.5 426.7 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 276.45 662.10 Td (Year Ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 430.40 662.10 Td (Increase/\(Decrease\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 272.80 650.10 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 393.30 650.10 Td (2013 over 2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 485.55 650.10 Td (2012 over 2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 238.50 638.10 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 290.50 638.10 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 341.70 638.10 Td (2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 383.20 638.10 Td (Amount) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 430.30 638.10 Td (Percent) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 475.20 638.10 Td (Amount) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 522.30 638.10 Td (Percent) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 625.96 Td (Key data) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 613.96 Td ( Number of units sold) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 247.75 613.96 Td (3,731) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 299.75 613.96 Td (3,224) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.75 613.96 Td (3,072) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.15 613.96 Td (507) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.25 613.96 Td (15.73) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 613.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 495.15 613.96 Td (152) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.75 613.96 Td (4.95) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 613.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 601.96 Td ( Volume of units sold) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 227.00 601.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 238.75 601.96 Td (993,739) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 601.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 290.75 601.96 Td (849,986) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.00 601.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.75 601.96 Td (827,300) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 601.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.35 601.96 Td (143,753) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.25 601.96 Td (16.91) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 601.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.00 601.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.85 601.96 Td (22,686) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.75 601.96 Td (2.74) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 601.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 589.96 Td ( Number of real estate agents) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 254.50 589.96 Td (373) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.50 589.96 Td (378) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.50 589.96 Td (394) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.15 589.96 Td (\(5) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.65 589.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.75 589.96 Td (\(1.32) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.50 589.96 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 589.96 Td (\(16) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.65 589.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.75 589.96 Td (\(4.06) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 589.96 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 573.96 Td ( Loans originated, mortgage) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 227.00 573.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 238.75 573.96 Td (673,148) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 573.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 290.75 573.96 Td (655,386) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.00 573.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.75 573.96 Td (317,462) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 573.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.85 573.96 Td (17,762) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.75 573.96 Td (2.71) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 573.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.00 573.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.35 573.96 Td (337,924) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.75 573.96 Td (106.45) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 573.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 561.96 Td ( Loans originated, joint ventures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 238.75 561.96 Td (760,426) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 290.75 561.96 Td (671,664) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.75 561.96 Td (453,565) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.85 561.96 Td (88,762) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.25 561.96 Td (13.22) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 561.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.35 561.96 Td (218,099) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.25 561.96 Td (48.09) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 561.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 549.96 Td ( Total loans originated) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 227.00 549.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.00 549.96 Td (1,433,574) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 549.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.00 549.96 Td (1,327,050) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.00 549.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.75 549.96 Td (771,027) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 549.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.35 549.96 Td (106,524) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.75 549.96 Td (8.03) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 549.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.00 549.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.35 549.96 Td (556,023) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.25 549.96 Td (72.11) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 549.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 533.96 Td ( Number of loans, mortgage) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 247.75 533.96 Td (3,162) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 299.75 533.96 Td (2,931) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.75 533.96 Td (1,344) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.15 533.96 Td (231) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.75 533.96 Td (7.88) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 533.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.40 533.96 Td (1,587) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.75 533.96 Td (118.08) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 533.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 521.96 Td ( Number of loans, joint ventures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 247.75 521.96 Td (3,654) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 299.75 521.96 Td (3,125) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.75 521.96 Td (2,113) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.15 521.96 Td (529) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.25 521.96 Td (16.93) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 521.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.40 521.96 Td (1,012) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.25 521.96 Td (47.89) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 521.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 509.96 Td ( Total number of loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 247.75 509.96 Td (6,816) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 299.75 509.96 Td (6,056) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 350.75 509.96 Td (3,457) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.15 509.96 Td (760) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.25 509.96 Td (12.55) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 509.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.40 509.96 Td (2,599) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.25 509.96 Td (75.18) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 509.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 492.96 Td ( Average loan amount, mortgage) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 227.00 492.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 254.50 492.96 Td (213) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 492.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.50 492.96 Td (224) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.00 492.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.50 492.96 Td (236) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 492.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.65 492.96 Td (\(11) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.65 492.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.75 492.96 Td (\(4.91) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.50 492.96 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.00 492.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.65 492.96 Td (\(12) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.65 492.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.75 492.96 Td (\(5.08) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 492.96 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 480.96 Td ( Average loan amount, joint ventures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 254.50 480.96 Td (208) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.50 480.96 Td (215) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.50 480.96 Td (215) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.15 480.96 Td (\(7) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.65 480.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.75 480.96 Td (\(3.26) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.50 480.96 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 499.65 480.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 538.50 480.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 468.96 Td ( Average loan amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 227.00 468.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 254.50 468.96 Td (210) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 468.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.50 468.96 Td (219) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 330.00 468.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.50 468.96 Td (225) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.00 468.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.15 468.96 Td (\(9) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.65 468.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.75 468.96 Td (\(4.11) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.50 468.96 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 473.00 468.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 501.15 468.96 Td (\(6) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.65 468.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.75 468.96 Td (\(2.67) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 468.96 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 452.96 Td ( Average number of originators, mortgage) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.00 452.96 Td (62) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 311.00 452.96 Td (52) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.00 452.96 Td (27) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.65 452.96 Td (10) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.25 452.96 Td (19.23) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 452.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 499.65 452.96 Td (25) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.25 452.96 Td (92.59) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 452.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 440.16 Td ( Average number of originators, joint) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 75.00 431.16 Td (ventures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.00 431.16 Td (52) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 311.00 431.16 Td (37) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.00 431.16 Td (37) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.65 431.16 Td (15) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.25 431.16 Td (40.54) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 431.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 499.65 431.16 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 538.50 431.16 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 417.96 Td ( Average number of originators) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 254.50 417.96 Td (114) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 311.00 417.96 Td (89) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.00 417.96 Td (64) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.65 417.96 Td (25) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.25 417.96 Td (28.09) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 417.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 499.65 417.96 Td (25) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 527.25 417.96 Td (39.06) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.50 417.96 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 388.80 Td (Mortgage.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 100.13 388.80 Td ( ) Tj ET Q q 0 0 0 rg BT 105.43 388.80 Td (The loan volume for combined mortgage operations showed continued growth during the year ended ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 375.60 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 375.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 375.60 Td (, as compared to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 215.28 375.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 237.28 375.60 Td (. ) Tj ET Q q 0 0 0 rg BT 245.33 375.60 Td (T) Tj ET Q q 0 0 0 rg BT 251.28 375.60 Td (otal loans originated in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 355.15 375.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 377.15 375.60 Td ( were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 404.02 375.60 Td ($1.43 billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 460.24 375.60 Td (, a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 473.38 375.60 Td (8.03%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 501.79 375.60 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 362.40 Td ($106.52million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 124.28 362.40 Td (, increase from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 192.69 362.40 Td ($1.33 billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 248.92 362.40 Td ( in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 262.97 362.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 284.97 362.40 Td (, which was a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 347.59 362.40 Td ($556.02 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 417.88 362.40 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 435.29 362.40 Td (72.1) Tj ET Q q 0 0 0 rg BT 454.13 362.40 Td (1%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 468.79 362.40 Td (, increase compared ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 349.20 Td (to the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 81.49 349.20 Td (201) Tj ET Q q 0 0 0 rg BT 97.59 349.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 103.09 349.20 Td ( volume of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 153.49 349.20 Td ($771.03 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 223.77 349.20 Td (. However) Tj ET Q q 0 0 0 rg BT 271.90 349.20 Td (, rising interest rates led to a decrease in volume in the fourth ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 336.00 Td (quarter of 2013 as total loans originated were $273.68million as compared to $388.32million in the third quarter ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 322.80 Td (of 2013 and $342.84million in the fourth quarter of 2012. Refinance activity comprised $368.54 million of loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 309.60 Td (volume for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 236.64 309.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 258.64 309.60 Td (, while purchases accounted for the remaining $1.06billion in loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 296.40 Td (volume for the year) Tj ET Q q 0 0 0 rg BT 139.83 296.40 Td (. For the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 301.71 296.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 323.71 296.40 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 345.10 296.40 Td (201) Tj ET Q q 0 0 0 rg BT 361.19 296.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 366.69 296.40 Td (, refinance volume was $466.1) Tj ET Q q 0 0 0 rg BT 501.29 296.40 Td (1million ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 283.20 Td (and $214.12 million, respectively) Tj ET Q q 0 0 0 rg BT 200.84 283.20 Td (, while purchase volume was $860.94million and $556.91million, respectively) Tj ET Q q 0 0 0 rg BT 550.84 283.20 Td (.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 256.80 Td (Insurance Segment:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 147.80 256.80 Td ( ) Tj ET Q q 0 0 0 rg BT 153.10 256.80 Td (The Insurance segment comprises property and casualty and group benefits divisions. ) Tj ET Q q 0 0 0 rg BT 535.05 256.80 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 243.60 Td (Insurance segment represented ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 192.35 243.60 Td (7.91%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 220.77 243.60 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 238.18 243.60 Td ($3.30 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 297.46 243.60 Td (, of our total consolidated net income in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 475.56 243.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 497.56 243.60 Td (; 5.93%, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 230.40 Td ($2.25 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 113.28 230.40 Td (, in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 130.09 230.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 152.09 230.40 Td (; and 8.17%, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 222.35 230.40 Td ($2.72 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 281.63 230.40 Td (, in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 298.44 230.40 Td (201) Tj ET Q q 0 0 0 rg BT 314.53 230.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 320.03 230.40 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 204.00 Td (Earnings before taxes and noncontrolling interest for the Insurance segment were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 414.12 204.00 Td ($5.76 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 473.40 204.00 Td ( in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 487.46 204.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 509.46 204.00 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 190.80 Td (increasing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 101.95 190.80 Td ($1.81 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 161.23 190.80 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 178.65 190.80 Td (45.92%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 212.56 190.80 Td ( from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 239.44 190.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 261.44 190.80 Td (. ) Tj ET Q q 0 0 0 rg BT 269.49 190.80 Td (The primary factors af) Tj ET Q q 0 0 0 rg BT 367.94 190.80 Td (fecting earnings were the acquisitions of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 177.60 Td (two insurance agencies in July 2013 and one agency in December 2012. Net commission and fee income for the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 164.40 Td (year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 169.13 164.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 191.13 164.40 Td ( increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 238.16 164.40 Td ($3.80 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 297.44 164.40 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 314.86 164.40 Td (19.41%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 348.77 164.40 Td (. ) Tj ET Q q 0 0 0 rg BT 356.82 164.40 Td (The increase from the prior period was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 151.20 Td (positively impacted by the recent acquisitions, which resulted in an additional $3.37 million in commission and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 138.00 Td (fee income. ) Tj ET Q q 0 0 0 rg BT 110.20 138.00 Td (Also contributing to the increase was higher contingency and bonus revenue and other income of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 124.80 Td ($392,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 95.25 124.80 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 116.63 124.80 Td ($887,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 157.88 124.80 Td (, respectively) Tj ET Q q 0 0 0 rg BT 215.81 124.80 Td (. Contingent commissions primarily consist of amounts received from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 111.60 Td (various property and casualty insurance carriers. ) Tj ET Q q 0 0 0 rg BT 272.49 111.60 Td (The carriers use several non-client-specific factors to determine ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 98.40 Td (the amount of the contingency payments. Such factors include the aggregate loss performance of insurance ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 85.20 Td (policies previously placed and the volume of business, among other things. Such commissions are seasonal in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 72.00 Td (nature and are mostly received during the first quarter of each year) Tj ET Q q 0 0 0 rg BT 346.90 72.00 Td (. ) Tj ET Q q 0 0 0 rg BT 354.95 72.00 Td (The increase in other income was primarily ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 58.80 Td (due to additional revenue from our travel insurance product lines. Earnings before taxes and noncontrolling ) Tj ET Q endstream endobj 43 0 obj <> endobj 44 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (19) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (interest for the Insurance segment were $3.95 million in 2012, decreasing $918,000, or 18.87% from 201) Tj ET Q q 0 0 0 rg BT 516.09 694.40 Td (1. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (Factors contributing to the decrease included an increase in noninterest expenses of $352,000 at our travel ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (insurance company due to salaries for new employees and increased professional fees, and a one-time $500,000 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (char) Tj ET Q q 0 0 0 rg BT 72.73 654.80 Td (ge related to the final settlement of the 2009 ) Tj ET Q q 0 0 0 rg BT 269.55 654.80 Td (T) Tj ET Q q 0 0 0 rg BT 275.50 654.80 Td (aylor Johnson Insurance Group purchase agreement. ) Tj ET Q q 0 0 0 rg BT 508.56 654.80 Td (Also ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (contributing to the variance from the prior year were the ef) Tj ET Q q 0 0 0 rg BT 312.80 641.60 Td (fects of the Stan ) Tj ET Q q 0 0 0 rg BT 386.52 641.60 Td (T) Tj ET Q q 0 0 0 rg BT 392.48 641.60 Td (aylor acquisition, which resulted in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (additional net commission income of $904,000 and additional noninterest expense of $877,000.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (The following chart presents revenue and expenses for the Insurance segment \(dollars in thousands\):) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 564.3 m 410.5 564.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 564.3 m 414.5 564.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 564.3 m 458.5 564.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 564.3 m 462.5 564.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 564.3 m 506.5 564.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 564.3 m 510.5 564.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 564.3 m 555.5 564.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 550.3 m 265.5 550.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 550.3 m 269.5 550.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 550.3 m 313.5 550.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 550.3 m 317.5 550.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 550.3 m 361.5 550.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 550.3 m 410.5 550.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 550.3 m 414.5 550.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 550.3 m 458.5 550.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 550.3 m 506.5 550.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 550.3 m 510.5 550.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 550.3 m 555.5 550.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 536.3 m 265.5 536.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 536.3 m 313.5 536.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 536.3 m 361.5 536.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 536.3 m 410.5 536.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 536.3 m 458.5 536.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 536.3 m 506.5 536.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 536.3 m 555.5 536.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 466.29999999999995 m 265.5 466.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 466.29999999999995 m 313.5 466.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 466.29999999999995 m 361.5 466.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 466.29999999999995 m 410.5 466.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 466.29999999999995 m 506.5 466.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 424.29999999999995 m 265.5 424.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 424.29999999999995 m 313.5 424.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 424.29999999999995 m 361.5 424.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 424.29999999999995 m 410.5 424.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 424.29999999999995 m 506.5 424.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 322.29999999999995 m 265.5 322.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 322.29999999999995 m 313.5 322.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 322.29999999999995 m 361.5 322.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 322.29999999999995 m 410.5 322.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 322.29999999999995 m 506.5 322.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 322.29999999999995 m 313.5 322.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 322.29999999999995 m 361.5 322.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 258.29999999999995 m 265.5 258.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 258.29999999999995 m 313.5 258.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 258.29999999999995 m 361.5 258.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 258.29999999999995 m 410.5 258.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 258.29999999999995 m 506.5 258.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 258.29999999999995 m 313.5 258.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 258.29999999999995 m 361.5 258.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 221.29999999999995 m 265.5 221.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 221.29999999999995 m 313.5 221.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 221.29999999999995 m 361.5 221.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 221.29999999999995 m 410.5 221.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 221.29999999999995 m 506.5 221.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 221.29999999999995 m 313.5 221.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 221.29999999999995 m 361.5 221.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 193.29999999999995 m 506.5 193.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 193.29999999999995 m 265.5 193.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 181.29999999999995 m 265.5 181.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 220.5 179.29999999999995 m 265.5 179.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 193.29999999999995 m 313.5 193.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 181.29999999999995 m 313.5 181.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 179.29999999999995 m 313.5 179.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 193.29999999999995 m 361.5 193.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 181.29999999999995 m 361.5 181.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 179.29999999999995 m 361.5 179.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 193.29999999999995 m 410.5 193.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 181.29999999999995 m 410.5 181.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 179.29999999999995 m 410.5 179.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 193.29999999999995 m 506.5 193.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 181.29999999999995 m 506.5 181.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 179.29999999999995 m 506.5 179.29999999999995 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 267.95 568.75 Td (Year Ended) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 422.40 568.75 Td (Increase/\(Decrease\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 264.30 554.75 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 382.80 554.75 Td (2013 over 2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 480.05 554.75 Td (2012 over 2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 233.50 540.75 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 282.00 540.75 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 330.20 540.75 Td (2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 371.70 540.75 Td (Amount) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 421.30 540.75 Td (Percent) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 468.20 540.75 Td (Amount) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 517.80 540.75 Td (Percent) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 526.76 Td (Revenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 512.76 Td (Net commission and fee income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 498.76 Td ( Property and casualty) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 223.00 498.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 498.76 Td (16,060) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 272.00 498.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.25 498.76 Td (13,548) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.00 498.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.25 498.76 Td (12,703) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.00 498.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.40 498.76 Td (2,512) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 498.76 Td (18.54) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 498.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.00 498.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.15 498.76 Td (845) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.75 498.76 Td (6.65) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 498.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 484.76 Td ( Group benefits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 241.75 484.76 Td (6,807) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 289.75 484.76 Td (5,533) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.75 484.76 Td (5,465) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.40 484.76 Td (1,274) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 484.76 Td (23.03) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 484.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 493.65 484.76 Td (68) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.75 484.76 Td (1.24) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 484.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 470.76 Td ( Specialized benefit services) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 248.50 470.76 Td (529) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 296.50 470.76 Td (512) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.50 470.76 Td (447) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.65 470.76 Td (17) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.75 470.76 Td (3.32) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 470.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 493.65 470.76 Td (65) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.25 470.76 Td (14.54) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 470.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 456.76 Td (Total net commissions and fees) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 456.76 Td (23,396) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.25 456.76 Td (19,593) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.25 456.76 Td (18,615) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.40 456.76 Td (3,803) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 456.76 Td (19.41) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 456.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.15 456.76 Td (978) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.75 456.76 Td (5.25) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 456.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 442.76 Td ( Contingency and bonus revenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 241.75 442.76 Td (2,031) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 289.75 442.76 Td (1,639) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.75 442.76 Td (1,967) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.15 442.76 Td (392) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 442.76 Td (23.92) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 442.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.15 442.76 Td (\(328) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.65 442.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.25 442.76 Td (\(16.68) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.50 442.76 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 428.76 Td ( Other income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 241.75 428.76 Td (2,009) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 289.75 428.76 Td (1,122) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.50 428.76 Td (983) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.15 428.76 Td (887) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 428.76 Td (79.06) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 428.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.15 428.76 Td (139) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.25 428.76 Td (14.14) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 428.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 414.76 Td (Total revenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 414.76 Td (27,436) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.25 414.76 Td (22,354) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.25 414.76 Td (21,565) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.40 414.76 Td (5,082) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 414.76 Td (22.73) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 414.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.15 414.76 Td (789) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.75 414.76 Td (3.66) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 414.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 396.76 Td (Expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 382.76 Td ( Salaries and employee benefits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 382.76 Td (14,246) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.25 382.76 Td (12,010) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.25 382.76 Td (11,290) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.40 382.76 Td (2,236) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 382.76 Td (18.62) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 382.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.15 382.76 Td (720) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.75 382.76 Td (6.38) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 382.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 368.76 Td ( Occupancy expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 241.75 368.76 Td (1,270) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 296.50 368.76 Td (946) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.50 368.76 Td (894) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.15 368.76 Td (324) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 368.76 Td (34.25) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 368.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 493.65 368.76 Td (52) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.75 368.76 Td (5.82) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 368.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 354.76 Td ( Furniture and equipment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 248.50 354.76 Td (599) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 296.50 354.76 Td (495) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.50 354.76 Td (547) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.15 354.76 Td (104) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 354.76 Td (21.01) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 354.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.65 354.76 Td (\(52) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.65 354.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.75 354.76 Td (\(9.51) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.50 354.76 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 340.76 Td ( Amortization of intangible assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 241.75 340.76 Td (1,558) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 289.75 340.76 Td (1,245) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.75 340.76 Td (1,164) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.15 340.76 Td (313) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 340.76 Td (25.14) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 340.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 493.65 340.76 Td (81) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.75 340.76 Td (6.96) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 340.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 326.76 Td ( Other expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 241.75 326.76 Td (3,666) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 289.75 326.76 Td (3,547) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.75 326.76 Td (2,624) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.15 326.76 Td (119) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.75 326.76 Td (3.35) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 326.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.15 326.76 Td (923) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.25 326.76 Td (35.18) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 326.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 312.76 Td (Total expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.25 312.76 Td (21,339) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.25 312.76 Td (18,243) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.25 312.76 Td (16,519) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.40 312.76 Td (3,096) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 312.76 Td (16.97) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 312.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.40 312.76 Td (1,724) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.25 312.76 Td (10.44) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 547.50 312.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 285.76 Td (Income before income tax, corporate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 276.76 Td (allocation, and noncontrolling interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 241.75 276.76 Td (6,097) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 289.75 276.76 Td (4,111) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.75 276.76 Td (5,046) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.40 276.76 Td (1,986) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 276.76 Td (48.31) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 276.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.15 276.76 Td (\(935) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.65 276.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.25 276.76 Td (\(18.53) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.50 276.76 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 262.76 Td (Corporate allocation) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 245.50 262.76 Td (\(336) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 262.00 262.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 293.50 262.76 Td (\(163) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.00 262.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.50 262.76 Td (\(180) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.00 262.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.15 262.76 Td (\(173) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.65 262.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 425.75 262.76 Td (106.13) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 262.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 493.65 262.76 Td (17) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.75 262.76 Td (\(9.44) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.50 262.76 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 248.76 Td (Income before income tax provision and) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 239.76 Td (noncontrolling interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 241.75 239.76 Td (5,761) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 289.75 239.76 Td (3,948) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.75 239.76 Td (4,866) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.40 239.76 Td (1,813) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 239.76 Td (45.92) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 239.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.15 239.76 Td (\(918) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.65 239.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.25 239.76 Td (\(18.87) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.50 239.76 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 225.76 Td (Provision for income tax expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 238.75 225.76 Td (\(2,071) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 262.00 225.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 286.75 225.76 Td (\(1,501) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.00 225.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 334.75 225.76 Td (\(1,833) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.00 225.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.15 225.76 Td (\(570) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.65 225.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 225.76 Td (37.97) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 225.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.15 225.76 Td (332) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.25 225.76 Td (\(18.11) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.50 225.76 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 211.76 Td (Net income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 241.75 211.76 Td (3,690) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 289.75 211.76 Td (2,447) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.75 211.76 Td (3,033) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.40 211.76 Td (1,243) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 211.76 Td (50.80) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 211.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.15 211.76 Td (\(586) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.65 211.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.25 211.76 Td (\(19.32) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.50 211.76 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 197.76 Td (Noncontrolling interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 245.50 197.76 Td (\(387) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 262.00 197.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 293.50 197.76 Td (\(199) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.00 197.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.50 197.76 Td (\(310) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.00 197.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.15 197.76 Td (\(188) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.65 197.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 197.76 Td (94.47) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 197.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.15 197.76 Td (111) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.25 197.76 Td (\(35.81) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.50 197.76 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 184.56 Td (Net income attributable to TowneBank) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 223.00 184.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 241.75 184.56 Td (3,303) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 272.00 184.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 289.75 184.56 Td (2,248) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.00 184.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.75 184.56 Td (2,723) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.00 184.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.40 184.56 Td (1,055) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.25 184.56 Td (46.93) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 184.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.00 184.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.15 184.56 Td (\(475) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 502.65 184.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.25 184.56 Td (\(17.44) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.50 184.56 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 154.40 Td (Salaries and employee benefits expense increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 275.74 154.40 Td ($2.24 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 335.02 154.40 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 352.43 154.40 Td (18.62%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 386.35 154.40 Td (, when comparing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 468.21 154.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 490.21 154.40 Td ( to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 504.27 154.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 526.27 154.40 Td (, and) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 547.65 154.40 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 141.20 Td (increased) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 91.75 141.20 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 94.50 141.20 Td ($720,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 135.75 141.20 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 153.17 141.20 Td (6.38%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 181.58 141.20 Td (, comparing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 236.87 141.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 258.87 141.20 Td ( to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 272.93 141.20 Td (201) Tj ET Q q 0 0 0 rg BT 289.02 141.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 294.52 141.20 Td (. ) Tj ET Q q 0 0 0 rg BT 302.57 141.20 Td (The increases were mainly driven by the insurance ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 128.00 Td (agency acquisitions, which resulted in additional salaries and employee benefit expenses of $2.05 million and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 114.80 Td ($600,000 for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 113.58 114.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 135.58 114.80 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 156.96 114.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 178.96 114.80 Td (, respectively) Tj ET Q q 0 0 0 rg BT 236.89 114.80 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 88.40 Td (Occupancy expense increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 188.68 88.40 Td ($324,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 229.93 88.40 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 247.34 88.40 Td (34.25%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 281.26 88.40 Td (, when comparing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 363.12 88.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 385.12 88.40 Td ( to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 399.18 88.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 421.18 88.40 Td (, and increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 489.59 88.40 Td ($52,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 525.34 88.40 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 75.20 Td (5.82%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 82.41 75.20 Td (, comparing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 137.70 75.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 159.70 75.20 Td ( to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 173.76 75.20 Td (201) Tj ET Q q 0 0 0 rg BT 189.85 75.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 195.35 75.20 Td ( as a result of the insurance agency acquisitions.) Tj ET Q endstream endobj 45 0 obj <> endobj 46 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (20) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (Amortization of intangible assets increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 246.75 694.40 Td ($313,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 288.00 694.40 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 305.41 694.40 Td (25.14%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 339.32 694.40 Td (, during the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 507.62 694.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 529.62 694.40 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (compared to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 111.42 681.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 133.42 681.20 Td (, and increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 201.83 681.20 Td ($81,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 237.58 681.20 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 255.00 681.20 Td (6.96%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 283.41 681.20 Td (, comparing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 338.70 681.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 360.70 681.20 Td ( to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 374.76 681.20 Td (201) Tj ET Q q 0 0 0 rg BT 390.85 681.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 396.35 681.20 Td (, which was also a result of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (acquisitions.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (ANAL) Tj ET Q q 0 0 0 rg BT 84.16 641.60 Td (YSIS OF) Tj ET Q q 0 0 0 rg BT 126.24 641.60 Td ( FINANCIAL) Tj ET Q q 0 0 0 rg BT 190.72 641.60 Td ( CONDITION) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (Overview:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 102.87 615.20 Td ( Our total assets increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 223.22 615.20 Td ($267.07 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 293.50 615.20 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 310.91 615.20 Td (6.06%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 339.32 615.20 Td (, to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 356.13 615.20 Td ($4.67 billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 412.35 615.20 Td ( at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 490.23 615.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 512.23 615.20 Td (, from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td ($4.41 billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 110.22 602.00 Td ( at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 188.11 602.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 210.11 602.00 Td (. Our loan portfolio grew by a rate of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 378.41 602.00 Td (3.27%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 406.83 602.00 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 424.24 602.00 Td ($102.48 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 494.52 602.00 Td (, to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 511.33 602.00 Td ($3.24 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 82.72 588.80 Td ( at December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 160.61 588.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 182.61 588.80 Td (, from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 212.24 588.80 Td ($3.13 billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 268.46 588.80 Td ( at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 346.34 588.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 368.34 588.80 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (Our total average assets were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 185.63 562.40 Td ($4.51 billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 241.86 562.40 Td ( for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 260.19 562.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 282.19 562.40 Td (, reflecting an increase of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 396.40 562.40 Td ($305.78 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 466.68 562.40 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 484.10 562.40 Td (7.28%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 512.51 562.40 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (compared to the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 127.61 549.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 149.61 549.20 Td ( average of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 201.22 549.20 Td ($4.20 billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 257.44 549.20 Td (. ) Tj ET Q q 0 0 0 rg BT 265.49 549.20 Td (T) Tj ET Q q 0 0 0 rg BT 271.44 549.20 Td (otal average assets for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 371.62 549.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 393.62 549.20 Td ( increased $210.67million, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (5.28%, compared to the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 161.52 536.00 Td (201) Tj ET Q q 0 0 0 rg BT 177.62 536.00 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 183.12 536.00 Td ( average of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 234.72 536.00 Td ($3.99 billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 290.95 536.00 Td (. ) Tj ET Q q 0 0 0 rg BT 298.59 536.00 Td (A) Tj ET Q q 0 0 0 rg BT 305.72 536.00 Td (verage earning assets were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 426.04 536.00 Td ($4.12 billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 482.27 536.00 Td (, including BOLI ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (assets, in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 96.47 522.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.47 522.80 Td (, reflecting an increase of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 232.69 522.80 Td ($31) Tj ET Q q 0 0 0 rg BT 248.78 522.80 Td (1.68 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 302.56 522.80 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 319.97 522.80 Td (8.18%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 348.38 522.80 Td (, compared to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 411.31 522.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 433.31 522.80 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (Our average total deposits were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 196.03 496.40 Td ($3.44 billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 252.25 496.40 Td ( in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 266.31 496.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 288.31 496.40 Td (, reflecting growth of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 384.53 496.40 Td ($162.83 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 454.81 496.40 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 472.22 496.40 Td (4.97%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 500.63 496.40 Td (, compared ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 65.31 483.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 87.31 483.20 Td (. ) Tj ET Q q 0 0 0 rg BT 94.95 483.20 Td (A) Tj ET Q q 0 0 0 rg BT 102.08 483.20 Td (verage noninterest-bearing deposits, which increased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 337.88 483.20 Td ($1) Tj ET Q q 0 0 0 rg BT 348.47 483.20 Td (17.66 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 407.75 483.20 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 425.16 483.20 Td (13.01%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 459.08 483.20 Td (, grew at a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (significantly higher rate than interest-bearing deposits in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 305.40 470.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 327.40 470.00 Td (, which grew ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 387.27 470.00 Td ($45.17 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 452.05 470.00 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 469.46 470.00 Td (1.91%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 497.88 470.00 Td (.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (Securities: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 106.23 443.60 Td ( Our securities consist of available-for) Tj ET Q q 0 0 0 rg BT 274.32 443.60 Td (-sale securities and held-to-maturity securities. Our available-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (for) Tj ET Q q 0 0 0 rg BT 66.61 430.40 Td (-sale securities portfolio, which is held primarily for earnings, liquidity) Tj ET Q q 0 0 0 rg BT 378.40 430.40 Td (, and asset/liability management ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (purposes, is reported at fair value based on market prices for similar instruments. Our held-to-maturity securities ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (portfolio, which is held primarily for yield and pledging purposes, is valued at amortized cost. Our investment ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (portfolio totaled ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 127.93 390.80 Td ($770.94 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 198.21 390.80 Td ( as of December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 289.23 390.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 311.23 390.80 Td (, with a balance of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 394.91 390.80 Td ($543.52 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 465.19 390.80 Td ( in available-for) Tj ET Q q 0 0 0 rg BT 535.22 390.80 Td (-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (sale, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 76.60 377.60 Td ($204.35 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 146.88 377.60 Td ( in held-to-maturity) Tj ET Q q 0 0 0 rg BT 232.31 377.60 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 256.45 377.60 Td ($23.07 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 321.23 377.60 Td ( in Federal Home Loan Bank stock. ) Tj ET Q q 0 0 0 rg BT 482.83 377.60 Td (A) Tj ET Q q 0 0 0 rg BT 489.96 377.60 Td (verage yield on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (available-for) Tj ET Q q 0 0 0 rg BT 109.97 364.40 Td (-sale securities was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 197.63 364.40 Td (0.87%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 226.04 364.40 Td ( at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 303.92 364.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 325.92 364.40 Td (, compared with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 399.84 364.40 Td (0.88%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 428.26 364.40 Td ( at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 506.14 364.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 528.14 364.40 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (1.67%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 82.41 351.20 Td ( at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 160.29 351.20 Td (201) Tj ET Q q 0 0 0 rg BT 176.39 351.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 181.89 351.20 Td (. ) Tj ET Q q 0 0 0 rg BT 189.53 351.20 Td (A) Tj ET Q q 0 0 0 rg BT 196.66 351.20 Td (verage yield on held-to-maturity securities was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 406.20 351.20 Td (3.13%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 434.61 351.20 Td ( at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 512.49 351.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 534.49 351.20 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (compared to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 111.42 338.00 Td (3.46%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 139.84 338.00 Td ( at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 217.72 338.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 239.72 338.00 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 263.85 338.00 Td (4.34%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 292.26 338.00 Td ( at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 370.14 338.00 Td (201) Tj ET Q q 0 0 0 rg BT 386.23 338.00 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 391.73 338.00 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (Our available-for) Tj ET Q q 0 0 0 rg BT 129.82 311.60 Td (-sale securities portfolio consists of U.S. ) Tj ET Q q 0 0 0 rg BT 310.49 311.60 Td (T) Tj ET Q q 0 0 0 rg BT 316.82 311.60 Td (reasury obligations, U.S. agency securities, municipal ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (securities, mortgage-backed securities, and trust preferred corporate obligations. Our held-to-maturity portfolio ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (consists of municipal securities, trust preferred corporate obligations, and industrial revenue bonds. Our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.00 Td (investment activities are governed internally by a written and Board-approved investment policy) Tj ET Q q 0 0 0 rg BT 478.18 272.00 Td (, which is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (administered by our ) Tj ET Q q 0 0 0 rg BT 144.12 258.80 Td (Asset-Liability Committee \(ALCO\). ) Tj ET Q q 0 0 0 rg BT 319.58 258.80 Td (The ) Tj ET Q q 0 0 0 rg BT 338.82 258.80 Td (ALCO generally meets quarterly to review the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.60 Td (economic environment, to assess current activities for appropriateness, and to establish investment strategies.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.20 Td (Investment strategies are established by the ) Tj ET Q q 0 0 0 rg BT 247.05 219.20 Td (ALCO in consideration of the interest rate cycle, balance sheet mix, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.00 Td (actual and anticipated loan demand, funding options, and our overall interest rate sensitivity) Tj ET Q q 0 0 0 rg BT 457.72 206.00 Td (. In general, the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.80 Td (investment portfolio is managed in a manner appropriate with the attainment of the following goals: \(i\) to provide ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.60 Td (a suf) Tj ET Q q 0 0 0 rg BT 74.88 179.60 Td (ficient mar) Tj ET Q q 0 0 0 rg BT 122.63 179.60 Td (gin of liquid assets to cover unanticipated deposit and loan fluctuations, seasonal funds flow ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.40 Td (variations, and overall funds management objectives; \(ii\) to provide eligible securities to secure public funds, trust ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 153.20 Td (deposits, and repurchase agreements as prescribed by law; and \(iii\) to earn the maximum return on funds invested ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 140.00 Td (that is commensurate with meeting the requirements of \(i\) and \(ii\).) Tj ET Q endstream endobj 47 0 obj <> endobj 48 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (21) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The following table provides information regarding the composition of our securities portfolio, showing selected ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (maturities and yields \(dollars in thousands\). For more information, refer to Note 3 of the Notes to Consolidated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (Financial Statements.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 136.5 628.7 m 180.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 180.5 628.7 m 184.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 184.5 628.7 m 228.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 628.7 m 232.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 628.7 m 271.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 271.5 628.7 m 275.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 628.7 m 319.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 628.7 m 323.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 628.7 m 367.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 628.7 m 371.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 628.7 m 410.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 628.7 m 414.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 628.7 m 458.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 628.7 m 462.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 628.7 m 505.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 628.7 m 509.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 628.7 m 548.5 628.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 136.5 615.7 m 180.5 615.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 180.5 615.7 m 184.5 615.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 184.5 615.7 m 228.5 615.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 615.7 m 232.5 615.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 615.7 m 271.5 615.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 615.7 m 319.5 615.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 615.7 m 323.5 615.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 615.7 m 367.5 615.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 615.7 m 371.5 615.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 615.7 m 410.5 615.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 615.7 m 458.5 615.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 615.7 m 462.5 615.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 615.7 m 505.5 615.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 615.7 m 509.5 615.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 615.7 m 548.5 615.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 136.5 586.7 m 180.5 586.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 184.5 586.7 m 228.5 586.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 586.7 m 271.5 586.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 586.7 m 319.5 586.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 586.7 m 367.5 586.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 586.7 m 410.5 586.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 586.7 m 458.5 586.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 586.7 m 505.5 586.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 586.7 m 548.5 586.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 446.7 m 271.5 446.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 446.7 m 410.5 446.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 136.5 446.7 m 180.5 446.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 136.5 425.7 m 180.5 425.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 184.5 446.7 m 228.5 446.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 184.5 425.7 m 228.5 425.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 446.7 m 271.5 446.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 425.7 m 271.5 425.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 446.7 m 319.5 446.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 425.7 m 319.5 425.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 446.7 m 367.5 446.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 425.7 m 367.5 425.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 446.7 m 410.5 446.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 425.7 m 410.5 425.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 446.7 m 458.5 446.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 425.7 m 458.5 425.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 446.7 m 505.5 446.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 425.7 m 505.5 425.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 446.7 m 548.5 446.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 425.7 m 548.5 425.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 136.5 341.7 m 180.5 341.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 184.5 341.7 m 228.5 341.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 341.7 m 271.5 341.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 341.7 m 319.5 341.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 341.7 m 367.5 341.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 341.7 m 410.5 341.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 341.7 m 458.5 341.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 341.7 m 505.5 341.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 341.7 m 548.5 341.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 184.5 341.7 m 228.5 341.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 184.5 320.7 m 228.5 320.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 341.7 m 319.5 341.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 320.7 m 319.5 320.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 341.7 m 367.5 341.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 320.7 m 367.5 320.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 341.7 m 458.5 341.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 320.7 m 458.5 320.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 341.7 m 505.5 341.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 320.7 m 505.5 320.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 136.5 320.7 m 180.5 320.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 136.5 308.7 m 180.5 308.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 136.5 306.7 m 180.5 306.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 184.5 320.7 m 228.5 320.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 184.5 308.7 m 228.5 308.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 184.5 306.7 m 228.5 306.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 320.7 m 271.5 320.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 308.7 m 271.5 308.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 306.7 m 271.5 306.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 320.7 m 319.5 320.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 308.7 m 319.5 308.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 306.7 m 319.5 306.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 320.7 m 367.5 320.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 308.7 m 367.5 308.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 323.5 306.7 m 367.5 306.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 320.7 m 410.5 320.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 308.7 m 410.5 308.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 306.7 m 410.5 306.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 320.7 m 458.5 320.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 308.7 m 458.5 308.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 306.7 m 458.5 306.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 320.7 m 505.5 320.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 308.7 m 505.5 308.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 306.7 m 505.5 306.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 320.7 m 548.5 320.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 308.7 m 548.5 308.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 306.7 m 548.5 306.7 l s BT /F3 8.00 Tf ET q 0 0 0 rg BT 297.70 632.93 Td (Year Ended December 31,) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 195.50 619.93 Td (2013) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 334.50 619.93 Td (2012) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 473.20 619.93 Td (2011) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 139.75 598.93 Td (Amortized) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 150.20 590.93 Td (Cost) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 188.65 598.93 Td (Estimated) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 188.15 590.93 Td (Fair Value) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 235.25 606.93 Td (Weighted) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 237.55 598.93 Td (Average) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 242.50 590.93 Td (Yield) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 278.75 598.93 Td (Amortized) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 289.20 590.93 Td (Cost) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 327.65 598.93 Td (Estimated) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 327.15 590.93 Td (Fair Value) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 374.25 606.93 Td (Weighted) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 376.55 598.93 Td (Average) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 381.50 590.93 Td (Yield) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 417.75 598.93 Td (Amortized) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 428.20 590.93 Td (Cost) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 466.15 598.93 Td (Estimated) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 465.65 590.93 Td (Fair Value) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 512.25 606.93 Td (Weighted) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 514.55 598.93 Td (Average) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 519.50 590.93 Td (Yield) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 65.00 577.93 Td (Securities Available) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 74.00 569.93 Td (for Sale:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 556.95 Td (U.S. agency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 548.95 Td (securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 139.00 548.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 151.25 548.95 Td (235,143) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 187.00 548.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 199.25 548.95 Td (233,330) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.30 548.95 Td (0.75) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 264.30 548.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.00 548.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 298.25 548.95 Td (3,219) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 326.00 548.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.25 548.95 Td (3,306) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.30 548.95 Td (2.83) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.30 548.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.00 548.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.25 548.95 Td (65,489) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.00 548.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.25 548.95 Td (67,135) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.60 548.95 Td (1.73) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 541.30 548.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 534.95 Td (U.S. Treasury notes) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 151.25 534.95 Td (200,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 199.25 534.95 Td (200,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.30 534.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.25 534.95 Td (300,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.25 534.95 Td (300,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.30 534.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.25 534.95 Td (120,001) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.25 534.95 Td (120,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.95 534.95 Td (\(0.03) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 538.65 534.95 Td (\)%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 521.95 Td (Municipal securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 155.25 521.95 Td (36,845) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 203.25 521.95 Td (37,079) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.30 521.95 Td (2.70) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 264.30 521.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.25 521.95 Td (38,854) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 342.25 521.95 Td (40,084) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.30 521.95 Td (3.10) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.30 521.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.25 521.95 Td (34,817) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.25 521.95 Td (35,909) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.60 521.95 Td (3.20) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 541.30 521.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 508.95 Td (Trust preferred) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 500.95 Td (corporate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 492.95 Td (securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 159.25 492.95 Td (6,396) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 207.25 492.95 Td (6,848) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.30 492.95 Td (3.45) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 264.30 492.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 298.25 492.95 Td (4,480) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.25 492.95 Td (4,889) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.30 492.95 Td (4.61) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.30 492.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.25 492.95 Td (6,981) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.25 492.95 Td (7,137) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.60 492.95 Td (7.93) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 541.30 492.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 479.95 Td (Other corporate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 471.95 Td (securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 159.25 471.95 Td (1,409) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 207.25 471.95 Td (1,409) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.30 471.95 Td (2.61) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 264.30 471.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 304.25 471.95 Td (488) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.25 471.95 Td (488) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.30 471.95 Td (0.67) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.30 471.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.25 471.95 Td (582) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.25 471.95 Td (582) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.60 471.95 Td (1.34) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 541.30 471.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 458.95 Td (Mortgage-backed) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 450.95 Td (securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 155.25 450.95 Td (64,103) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 203.25 450.95 Td (64,855) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.30 450.95 Td (2.70) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 264.30 450.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.25 450.95 Td (100,490) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.25 450.95 Td (101,377) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.30 450.95 Td (2.42) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.30 450.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.25 450.95 Td (97,977) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.25 450.95 Td (99,310) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.60 450.95 Td (2.70) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 541.30 450.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 437.95 Td ( Total securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 429.95 Td (available for sale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 151.25 429.95 Td (543,896) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 199.25 429.95 Td (543,521) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.30 429.95 Td (0.87) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 264.30 429.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.25 429.95 Td (447,531) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.25 429.95 Td (450,144) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.30 429.95 Td (0.88) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.30 429.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.25 429.95 Td (325,847) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.25 429.95 Td (330,073) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.60 429.95 Td (1.67) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 541.30 429.95 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 65.00 416.93 Td (Securities Held to) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 74.00 408.93 Td (Maturity:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 395.95 Td (Trust preferred) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 387.95 Td (corporate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 379.95 Td (securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 165.25 379.95 Td (500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 213.25 379.95 Td (641) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.30 379.95 Td (8.75) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 264.30 379.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 304.25 379.95 Td (500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.25 379.95 Td (688) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.30 379.95 Td (8.75) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.30 379.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.25 379.95 Td (15,701) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.25 379.95 Td (16,545) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.60 379.95 Td (7.83) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 541.30 379.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 366.95 Td (Municipal securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 155.25 366.95 Td (58,644) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 203.25 366.95 Td (59,821) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.30 366.95 Td (3.91) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 264.30 366.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.25 366.95 Td (62,062) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 342.25 366.95 Td (67,409) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.30 366.95 Td (3.92) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.30 366.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.25 366.95 Td (63,272) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.25 366.95 Td (66,875) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.60 366.95 Td (3.93) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 541.30 366.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 353.95 Td (Industrial revenue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 345.95 Td (bonds) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 151.25 345.95 Td (145,204) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 199.25 345.95 Td (135,246) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.30 345.95 Td (2.80) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 264.30 345.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.25 345.95 Td (92,919) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 342.25 345.95 Td (93,861) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.30 345.95 Td (3.12) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.30 345.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.25 345.95 Td (74,939) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 480.25 345.95 Td (75,033) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.60 345.95 Td (3.96) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 541.30 345.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 332.95 Td ( Total securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 324.95 Td (held to maturity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 151.25 324.95 Td (204,348) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 199.25 324.95 Td (195,708) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.30 324.95 Td (3.13) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 264.30 324.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.25 324.95 Td (155,481) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.25 324.95 Td (161,958) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.30 324.95 Td (3.46) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.30 324.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.25 324.95 Td (153,912) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.25 324.95 Td (158,453) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.60 324.95 Td (4.34) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 541.30 324.95 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 65.00 311.93 Td (Total Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 139.00 311.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 151.25 311.95 Td (748,244) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 187.00 311.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 199.25 311.95 Td (739,229) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.30 311.95 Td (1.49) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 264.30 311.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.00 311.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.25 311.95 Td (603,012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 326.00 311.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.25 311.95 Td (612,102) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.30 311.95 Td (1.54) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.30 311.95 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.00 311.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.25 311.95 Td (479,759) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.00 311.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.25 311.95 Td (488,526) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.60 311.95 Td (2.53) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 541.30 311.95 Td (%) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 49 0 obj <> endobj 50 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (22) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The following table indicates the maturities of securities at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 379.61 694.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 401.61 694.40 Td ( \(dollars in thousands\):) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 226.40 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200.25 670.9 m 253.25 670.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.25 670.9 m 258.25 670.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258.25 670.9 m 305.25 670.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.25 670.9 m 310.25 670.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.25 670.9 m 361.25 670.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.25 670.9 m 416.25 670.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.25 670.9 m 421.25 670.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.25 670.9 m 468.25 670.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.25 670.9 m 473.25 670.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.25 670.9 m 521.25 670.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200.25 670.9 m 253.25 670.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200.25 641.9 m 253.25 641.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258.25 641.9 m 305.25 641.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.25 670.9 m 361.25 670.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.25 641.9 m 361.25 641.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.25 670.9 m 416.25 670.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.25 641.9 m 416.25 641.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.25 641.9 m 468.25 641.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.25 670.9 m 521.25 670.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.25 641.9 m 521.25 641.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200.25 238.89999999999998 m 253.25 238.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258.25 238.89999999999998 m 305.25 238.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.25 238.89999999999998 m 361.25 238.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.25 238.89999999999998 m 416.25 238.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.25 238.89999999999998 m 468.25 238.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.25 238.89999999999998 m 521.25 238.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200.25 226.89999999999998 m 253.25 226.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200.25 224.89999999999998 m 253.25 224.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258.25 238.89999999999998 m 305.25 238.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258.25 226.89999999999998 m 305.25 226.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258.25 224.89999999999998 m 305.25 224.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.25 238.89999999999998 m 361.25 238.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.25 226.89999999999998 m 361.25 226.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.25 224.89999999999998 m 361.25 224.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.25 238.89999999999998 m 416.25 238.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.25 226.89999999999998 m 416.25 226.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.25 224.89999999999998 m 416.25 224.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.25 238.89999999999998 m 468.25 238.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.25 226.89999999999998 m 468.25 226.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.25 224.89999999999998 m 468.25 224.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.25 226.89999999999998 m 521.25 226.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.25 224.89999999999998 m 521.25 224.89999999999998 l s BT /F3 8.00 Tf ET q 0 0 0 rg BT 250.80 675.13 Td (Available for sale) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 414.05 675.13 Td (Held to maturity) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 208.00 654.13 Td (Amortized) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 218.45 646.13 Td (Cost) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 273.95 662.13 Td (Fair) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 268.35 654.13 Td (Market) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 271.60 646.13 Td (Value) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 319.00 662.13 Td (Weighted) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 321.30 654.13 Td (Average) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 326.25 646.13 Td (Yield) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 372.00 654.13 Td (Amortized) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 382.45 646.13 Td (Cost) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 436.95 662.13 Td (Fair) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 431.35 654.13 Td (Market) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 434.60 646.13 Td (Value) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 480.50 662.13 Td (Weighted) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 482.80 654.13 Td (Average) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 487.75 646.13 Td (Yield) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 59.75 633.13 Td (U.S. Treasury & U.S. agency securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 620.15 Td (Due in one year or less) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 202.75 620.15 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 224.00 620.15 Td (200,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 260.75 620.15 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 276.00 620.15 Td (200,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.05 620.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.75 620.15 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 620.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.75 620.15 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 620.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 620.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 607.15 Td (After one year through five years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 224.00 607.15 Td (233,150) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 276.00 607.15 Td (231,242) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 607.15 Td (0.73) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.05 607.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 607.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 607.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 607.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 594.15 Td (After five years through ten years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 232.05 594.15 Td (1,993) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.00 594.15 Td (2,088) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 594.15 Td (3.76) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.05 594.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 594.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 594.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 594.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 581.15 Td (After ten years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.05 581.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.05 581.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.05 581.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 581.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 581.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 581.15 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 59.75 568.13 Td (Municipal securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 555.15 Td (Due in one year or less) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 228.00 555.15 Td (10,960) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 280.00 555.15 Td (11,018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 555.15 Td (1.90) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.05 555.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 555.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 555.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 555.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 542.15 Td (After one year through five years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 228.00 542.15 Td (10,083) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 280.00 542.15 Td (10,093) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 542.15 Td (2.16) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.05 542.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.05 542.15 Td (2,125) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.00 542.15 Td (2,218) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.00 542.15 Td (4.54) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.05 542.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 529.15 Td (After five years through ten years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 232.05 529.15 Td (4,651) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.00 529.15 Td (4,693) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 529.15 Td (3.57) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.05 529.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.00 529.15 Td (10,498) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.00 529.15 Td (10,565) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.00 529.15 Td (3.15) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.05 529.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 516.15 Td (After ten years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 228.00 516.15 Td (11,151) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 280.00 516.15 Td (11,275) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 516.15 Td (3.62) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.05 516.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.00 516.15 Td (46,021) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.00 516.15 Td (47,038) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.00 516.15 Td (4.05) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.05 516.15 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 59.75 503.13 Td (Mortgage-backed securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 490.15 Td (Due in one year or less) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.05 490.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.05 490.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.05 490.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 490.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 490.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 490.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 477.15 Td (After one year through five years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.05 477.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.05 477.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.05 477.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 477.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 477.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 477.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 464.15 Td (After five years through ten years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 228.00 464.15 Td (11,236) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 280.00 464.15 Td (11,325) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 464.15 Td (2.25) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.05 464.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 464.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 464.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 464.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 451.15 Td (After ten years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 228.00 451.15 Td (52,867) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 280.00 451.15 Td (53,530) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 451.15 Td (2.80) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.05 451.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 451.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 451.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 451.15 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 59.75 438.13 Td (Trust preferred corporate securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 425.15 Td (Due in one year or less) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.05 425.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.05 425.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.05 425.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 425.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 425.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 425.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 412.15 Td (After one year through five years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 232.05 412.15 Td (4,420) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.00 412.15 Td (4,454) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 412.15 Td (1.38) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.05 412.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 412.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 412.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 412.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 399.15 Td (After five years through ten years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.05 399.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.05 399.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.05 399.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 399.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 399.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 399.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 386.15 Td (After ten years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 232.05 386.15 Td (1,976) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.00 386.15 Td (2,394) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 386.15 Td (8.09) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.05 386.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.05 386.15 Td (500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.05 386.15 Td (641) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.00 386.15 Td (8.75) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.05 386.15 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 59.75 373.13 Td (Industrial revenue bonds) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 360.15 Td (Due in one year or less) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.05 360.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.05 360.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.05 360.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.05 360.15 Td (3,656) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.00 360.15 Td (3,516) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.00 360.15 Td (0.94) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.05 360.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 347.15 Td (After one year through five years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.05 347.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.05 347.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.05 347.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.00 347.15 Td (69,423) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.00 347.15 Td (59,086) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.00 347.15 Td (2.91) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.05 347.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 334.15 Td (After five years through ten years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.05 334.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.05 334.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.05 334.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.05 334.15 Td (737) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.05 334.15 Td (813) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.00 334.15 Td (4.38) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.05 334.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 321.15 Td (After ten years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.05 321.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.05 321.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.05 321.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.00 321.15 Td (71,388) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.00 321.15 Td (71,831) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.00 321.15 Td (2.77) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.05 321.15 Td (%) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 59.75 308.13 Td (Other securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 295.15 Td (Due in one year or less) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 232.05 295.15 Td (1,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.00 295.15 Td (1,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.05 295.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 295.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 295.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 295.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 282.15 Td (After one year through five years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.05 282.15 Td (250) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.05 282.15 Td (250) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.05 282.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 282.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 282.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 282.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 269.15 Td (After five years through ten years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.05 269.15 Td (88) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.05 269.15 Td (88) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 269.15 Td (1.30) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.05 269.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 269.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 269.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 269.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 256.15 Td (After ten years) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.05 256.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.05 256.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.05 256.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 256.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 256.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 256.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 59.75 243.15 Td (No stated maturity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.05 243.15 Td (71) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.05 243.15 Td (71) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.05 243.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 243.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.05 243.15 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.05 243.15 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 59.75 230.13 Td (Total Portfolio) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 202.75 230.15 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 224.00 230.15 Td (543,896) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 260.75 230.15 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 276.00 230.15 Td (543,521) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.05 230.15 Td (0.87) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.05 230.15 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.75 230.15 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.00 230.15 Td (204,348) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.75 230.15 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.00 230.15 Td (195,708) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.00 230.15 Td (3.13) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.05 230.15 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 200.00 Td (Loans Held for) Tj ET Q q 0 0 0 rg BT 124.69 200.00 Td ( Sale: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 153.41 200.00 Td ( ) Tj ET Q q 0 0 0 rg BT 155.56 200.00 Td (At December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 233.75 200.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 255.75 200.00 Td (, we held ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 298.51 200.00 Td ($56.82 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 363.29 200.00 Td ( in mortgage loans originated and intended ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 186.80 Td (for sale in the secondary market, compared with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 268.73 186.80 Td ($132.55 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 339.01 186.80 Td ( at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 416.89 186.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 438.89 186.80 Td (. ) Tj ET Q q 0 0 0 rg BT 446.53 186.80 Td (A) Tj ET Q q 0 0 0 rg BT 453.66 186.80 Td (verage loans held for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 173.60 Td (sale were 2.36% and 3.10% of average earning assets for the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 443.11 173.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 465.11 173.60 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 486.50 173.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 508.50 173.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 160.40 Td (respectively) Tj ET Q q 0 0 0 rg BT 106.43 160.40 Td (. ) Tj ET Q q 0 0 0 rg BT 114.48 160.40 Td (The majority of loans held for sale have been pre-committed to investors, minimizing our interest ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 147.20 Td (rate risk.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 120.80 Td (Our mortgage banking activities include two types of commitments: rate lock commitments and forward loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 107.60 Td (commitments. Rate lock commitments are loans in our pipeline that have an interest rate lock with the customer) Tj ET Q q 0 0 0 rg BT 548.56 107.60 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 94.40 Td (The commitments are generally for periods of 60 days and are at market rates. In order to mitigate the risk from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 81.20 Td (interest rate fluctuations, we enter into forward loan sale commitments on a best ef) Tj ET Q q 0 0 0 rg BT 422.78 81.20 Td (forts basis while the loan is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 68.00 Td (in the pipeline. ) Tj ET Q endstream endobj 51 0 obj <> endobj 52 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (23) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (Rate lock commitments related to the origination of mortgage loans held for sale and the corresponding forward ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (loan sale commitments are considered derivative instruments, which are carried at fair value. ) Tj ET Q q 0 0 0 rg BT 465.22 681.20 Td (These derivative ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (instruments do not qualify for hedge accounting. ) Tj ET Q q 0 0 0 rg BT 273.45 668.00 Td (The fair value of interest rate lock commitments is based on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (current secondary market pricing and recognized on the income statement at the time of commitment. Gains on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (the sales of mortgages are recognized when the Company) Tj ET Q q 0 0 0 rg BT 306.81 641.60 Td (, the borrower) Tj ET Q q 0 0 0 rg BT 368.37 641.60 Td (, and the investor enter into the loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (contract.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (Loan Portfolio:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 126.41 602.00 Td ( Our loan portfolio, net of the allowance for loan losses, totaled ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 410.80 602.00 Td ($3.20 billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 467.03 602.00 Td ( on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (December31,) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 588.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 588.80 Td (. ) Tj ET Q q 0 0 0 rg BT 148.09 588.80 Td (As a percentage of total average earning assets, average loans were 76.60% in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 494.13 588.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 516.13 588.80 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (compared with 76.35% in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 170.39 575.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 192.39 575.60 Td ( and 74.29% in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 261.74 575.60 Td (201) Tj ET Q q 0 0 0 rg BT 277.83 575.60 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 283.33 575.60 Td (. Lending activities represent our primary source of income. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (Factors that contributed to the increase in our loan demand were expansions in automobile dealership financing, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (improvements in our local economy) Tj ET Q q 0 0 0 rg BT 212.14 549.20 Td (, and the ef) Tj ET Q q 0 0 0 rg BT 260.80 549.20 Td (forts of our experienced loan of) Tj ET Q q 0 0 0 rg BT 399.58 549.20 Td (ficers in developing new loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (relationships, combined with the support of existing customers and directors. ) Tj ET Q q 0 0 0 rg BT 398.10 536.00 Td (The following tables provide the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (balance and composition of the loan portfolio by major classification for the periods indicated \(dollars in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 471.9 m 303.5 471.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 471.9 m 364.5 471.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 471.9 m 426.5 471.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 471.9 m 487.5 471.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 471.9 m 548.5 471.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 401.9 m 548.5 401.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 401.9 m 303.5 401.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 401.9 m 364.5 401.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 401.9 m 426.5 401.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 401.9 m 487.5 401.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 401.9 m 548.5 401.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 359.9 m 303.5 359.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 359.9 m 364.5 359.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 359.9 m 426.5 359.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 359.9 m 487.5 359.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 359.9 m 548.5 359.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 337.9 m 303.5 337.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 335.9 m 303.5 335.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 359.9 m 364.5 359.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 337.9 m 364.5 337.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 335.9 m 364.5 335.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 359.9 m 426.5 359.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 337.9 m 426.5 337.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 335.9 m 426.5 335.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 359.9 m 487.5 359.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 337.9 m 487.5 337.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 335.9 m 487.5 335.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 359.9 m 548.5 359.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 337.9 m 548.5 337.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 335.9 m 548.5 335.9 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 476.35 Td (Year Ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 265.00 476.35 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 326.50 476.35 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 388.20 476.35 Td (2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 449.50 476.35 Td (2010) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.50 476.35 Td (2009) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 462.35 Td (Real estate loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 448.36 Td ( 1-4 family residential) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 248.00 448.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 270.75 448.36 Td (797,723) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.00 448.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.75 448.36 Td (754,593) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.00 448.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.75 448.36 Td (709,129) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 433.00 448.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.75 448.36 Td (714,122) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 494.00 448.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 448.36 Td (634,960) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 434.36 Td ( Commercial) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.00 434.36 Td (1,365,572) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 325.00 434.36 Td (1,231,819) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.00 434.36 Td (1,072,187) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.75 434.36 Td (952,727) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 434.36 Td (866,165) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 420.36 Td ( Construction and land development) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 270.75 420.36 Td (469,679) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.75 420.36 Td (618,562) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.75 420.36 Td (557,630) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.75 420.36 Td (657,341) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 420.36 Td (652,221) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 406.36 Td ( Multifamily) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.25 406.36 Td (53,562) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.25 406.36 Td (57,831) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.25 406.36 Td (48,321) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.25 406.36 Td (41,441) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 406.36 Td (41,652) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 392.36 Td ( Total real estate loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.00 392.36 Td (2,686,536) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 325.00 392.36 Td (2,662,805) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.00 392.36 Td (2,387,267) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.00 392.36 Td (2,365,631) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 392.36 Td (2,194,998) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 378.35 Td (Commercial and industrial loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 270.75 378.36 Td (500,755) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.75 378.36 Td (427,994) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.75 378.36 Td (362,830) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.75 378.36 Td (322,027) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 378.36 Td (321,498) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 364.35 Td (Consumer loans and other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.25 364.36 Td (48,698) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.25 364.36 Td (42,708) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.25 364.36 Td (43,096) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.25 364.36 Td (43,694) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 364.36 Td (49,414) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 350.35 Td (Loans, net of unearned income and deferred) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 341.35 Td (costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 248.00 341.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.00 341.36 Td (3,235,989) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.00 341.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 325.00 341.36 Td (3,133,507) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.00 341.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.00 341.36 Td (2,793,193) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 433.00 341.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.00 341.36 Td (2,731,352) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 494.00 341.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 341.36 Td (2,565,910) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 299.70000000000005 m 302.5 299.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 299.70000000000005 m 364.5 299.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 299.70000000000005 m 426.5 299.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 299.70000000000005 m 487.5 299.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 299.70000000000005 m 548.5 299.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 229.70000000000005 m 302.5 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 229.70000000000005 m 364.5 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 229.70000000000005 m 426.5 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 229.70000000000005 m 487.5 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 229.70000000000005 m 548.5 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 229.70000000000005 m 364.5 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 229.70000000000005 m 426.5 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 229.70000000000005 m 487.5 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 229.70000000000005 m 548.5 229.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 187.70000000000005 m 302.5 187.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 187.70000000000005 m 364.5 187.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 187.70000000000005 m 426.5 187.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 187.70000000000005 m 487.5 187.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 187.70000000000005 m 548.5 187.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 165.70000000000005 m 302.5 165.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 163.70000000000005 m 302.5 163.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 187.70000000000005 m 364.5 187.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 165.70000000000005 m 364.5 165.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 163.70000000000005 m 364.5 163.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 187.70000000000005 m 426.5 187.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 165.70000000000005 m 426.5 165.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 163.70000000000005 m 426.5 163.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 187.70000000000005 m 487.5 187.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 165.70000000000005 m 487.5 165.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 163.70000000000005 m 487.5 163.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 187.70000000000005 m 548.5 187.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 165.70000000000005 m 548.5 165.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 163.70000000000005 m 548.5 163.70000000000005 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 304.15 Td (Year Ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 264.50 304.15 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 326.00 304.15 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 388.20 304.15 Td (2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 449.50 304.15 Td (2010) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.50 304.15 Td (2009) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 290.15 Td (Real estate loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 276.16 Td ( 1-4 family residential) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 274.25 276.16 Td (24.65) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.50 276.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.25 276.16 Td (24.08) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.50 276.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.25 276.16 Td (25.39) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.50 276.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.25 276.16 Td (26.14) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.50 276.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 276.16 Td (24.75) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 276.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 262.16 Td ( Commercial) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 274.25 262.16 Td (42.20) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.50 262.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.25 262.16 Td (39.31) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.50 262.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.25 262.16 Td (38.39) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.50 262.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.25 262.16 Td (34.88) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.50 262.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 262.16 Td (33.77) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 262.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 248.16 Td ( Construction and land development) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 274.25 248.16 Td (14.51) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.50 248.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.25 248.16 Td (19.74) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.50 248.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.25 248.16 Td (19.96) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.50 248.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.25 248.16 Td (24.07) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.50 248.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 248.16 Td (25.42) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 248.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 234.16 Td ( Multifamily) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.75 234.16 Td (1.66) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.50 234.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.75 234.16 Td (1.85) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.50 234.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.75 234.16 Td (1.73) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.50 234.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.75 234.16 Td (1.52) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.50 234.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 234.16 Td (1.62) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 234.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 220.16 Td ( Total real estate loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 274.25 220.16 Td (83.02) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.50 220.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.25 220.16 Td (84.98) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.50 220.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.25 220.16 Td (85.47) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.50 220.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.25 220.16 Td (86.61) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.50 220.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 220.16 Td (85.55) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 220.16 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 206.15 Td (Commercial and industrial loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 274.25 206.16 Td (15.47) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.50 206.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.25 206.16 Td (13.66) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.50 206.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.25 206.16 Td (12.99) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.50 206.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.25 206.16 Td (11.79) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.50 206.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 206.16 Td (12.53) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 206.16 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 192.15 Td (Consumer loans and other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.75 192.16 Td (1.51) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.50 192.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.75 192.16 Td (1.36) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.50 192.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.75 192.16 Td (1.54) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.50 192.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.75 192.16 Td (1.60) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.50 192.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 192.16 Td (1.92) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 192.16 Td (%) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 178.15 Td (Loans, net of unearned income and deferred) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 169.15 Td (costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 269.75 169.16 Td (100.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.50 169.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.75 169.16 Td (100.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.50 169.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.75 169.16 Td (100.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.50 169.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.75 169.16 Td (100.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.50 169.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 169.16 Td (100.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 169.16 Td (%) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 53 0 obj <> endobj 54 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (24) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The table below provides the maturity and sensitivity of the loan portfolio at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 457.22 694.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 479.22 694.40 Td ( \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 658.1 m 491.5 658.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 658.1 m 495.5 658.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 658.1 m 548.5 658.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 182.5 626.1 m 241.5 626.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 626.1 m 309.5 626.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 626.1 m 368.5 626.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 626.1 m 431.5 626.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 626.1 m 491.5 626.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 626.1 m 548.5 626.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 182.5 551.1 m 241.5 551.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 182.5 538.1 m 241.5 538.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 551.1 m 309.5 551.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 538.1 m 309.5 538.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 551.1 m 368.5 551.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 538.1 m 368.5 538.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 551.1 m 431.5 551.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 538.1 m 431.5 538.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 551.1 m 491.5 551.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 538.1 m 491.5 538.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 551.1 m 548.5 551.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 538.1 m 548.5 538.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 182.5 501.1 m 241.5 501.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 501.1 m 309.5 501.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 501.1 m 368.5 501.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 501.1 m 431.5 501.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 501.1 m 491.5 501.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 501.1 m 548.5 501.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 182.5 479.1 m 241.5 479.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 182.5 477.1 m 241.5 477.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 479.1 m 309.5 479.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 477.1 m 309.5 477.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 501.1 m 368.5 501.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 479.1 m 368.5 479.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 477.1 m 368.5 477.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 479.1 m 431.5 479.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 477.1 m 431.5 477.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 479.1 m 491.5 479.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 477.1 m 491.5 477.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 501.1 m 548.5 501.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 479.1 m 548.5 479.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 477.1 m 548.5 477.1 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 456.05 661.50 Td (Due after one year) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 190.95 639.55 Td (Due in one) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 189.90 630.55 Td (year or less) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 251.05 648.55 Td (Due after one) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 252.00 639.55 Td (year through) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 258.60 630.55 Td (five years) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 322.45 639.55 Td (Due after) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 322.10 630.55 Td (five years) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 389.90 630.55 Td (Totals) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 440.35 630.55 Td (Fixed Rates) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.45 639.55 Td (Adjustable) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.75 630.55 Td (Rates) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 617.50 Td (Real estate loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 604.36 Td ( 1-4 family residential) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 185.00 604.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 213.25 604.36 Td (78,396) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 248.00 604.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 281.25 604.36 Td (66,096) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 316.00 604.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.75 604.36 Td (653,231) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 375.00 604.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.75 604.36 Td (797,723) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 604.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.75 604.36 Td (304,626) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 498.00 604.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 604.36 Td (414,701) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 591.36 Td ( Commercial) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 208.75 591.36 Td (117,250) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 276.75 591.36 Td (105,289) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.00 591.36 Td (1,143,033) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 392.00 591.36 Td (1,365,572) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.00 591.36 Td (1,059,364) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 591.36 Td (188,958) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 71.00 577.56 Td (Construction and land) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 80.00 568.56 Td (development) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 208.75 568.56 Td (297,124) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 276.75 568.56 Td (100,509) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.25 568.56 Td (72,046) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.75 568.56 Td (469,679) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.25 568.56 Td (97,461) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 568.56 Td (75,094) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 555.36 Td ( Multifamily) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 217.75 555.36 Td (6,893) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 292.50 555.36 Td (395) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.25 555.36 Td (46,274) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.25 555.36 Td (53,562) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.25 555.36 Td (41,216) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 555.36 Td (5,453) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 542.36 Td ( Total real estate loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 208.75 542.36 Td (499,663) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 276.75 542.36 Td (272,289) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.00 542.36 Td (1,914,584) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 392.00 542.36 Td (2,686,536) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.00 542.36 Td (1,502,667) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 542.36 Td (684,206) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 528.55 Td (Commercial and industrial) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 519.55 Td (loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 208.75 519.56 Td (279,370) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 276.75 519.56 Td (103,573) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.75 519.56 Td (117,812) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.75 519.56 Td (500,755) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.75 519.56 Td (161,205) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 519.56 Td (60,180) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 505.55 Td (Consumer loans and other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 213.25 505.56 Td (25,717) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 281.25 505.56 Td (13,991) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.75 505.56 Td (8,990) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.25 505.56 Td (48,698) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.25 505.56 Td (20,375) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 505.56 Td (2,606) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 491.55 Td (Loans, net of unearned) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 482.55 Td (income and deferred costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 185.00 482.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 208.75 482.56 Td (804,750) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 248.00 482.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 276.75 482.56 Td (389,853) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 316.00 482.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.00 482.56 Td (2,041,386) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 375.00 482.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 392.00 482.56 Td (3,235,989) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.00 482.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.00 482.56 Td (1,684,247) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 498.00 482.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 482.56 Td (746,992) Tj ET Q BT /F2 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 451.60 Td (Allowance for) Tj ET Q q 0 0 0 rg BT 119.48 451.60 Td ( Loan Losses:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 183.66 451.60 Td ( ) Tj ET Q q 0 0 0 rg BT 188.96 451.60 Td (The allowance for loan losses is established through a provision for loan losses ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 438.40 Td (char) Tj ET Q q 0 0 0 rg BT 72.73 438.40 Td (ged against earnings. ) Tj ET Q q 0 0 0 rg BT 170.58 438.40 Td (The level of the allowance for loan losses is based on management) Tj ET Q q 0 0 0 rg BT 467.18 438.40 Td (s evaluation of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 425.20 Td (risk inherent in the loan portfolio at the balance sheet date and changes in the nature and volume of loan activity) Tj ET Q q 0 0 0 rg BT 546.89 425.20 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 412.00 Td (This evaluation includes a review of loans for which collection may not be reasonably assured. It considers ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 398.80 Td (internal risk grades, the estimated fair value of the underlying collateral, current economic conditions, historical ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 385.60 Td (loan loss experience, and other current factors that warrant consideration in determining an adequate allowance.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 359.20 Td (The allowance for loan losses consists of three elements: \(i\) specific valuation allowances determined in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 346.00 Td (accordance with ) Tj ET Q q 0 0 0 rg BT 127.91 346.00 Td (ASC310, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 174.05 346.00 Td (Receivables) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 226.58 346.00 Td (, based on probable losses on specific loans; \(ii\)historical valuation ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 332.80 Td (allowances determined in accordance with ) Tj ET Q q 0 0 0 rg BT 243.06 332.80 Td (ASC450, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 289.21 332.80 Td (Contingencies) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 352.14 332.80 Td (, based on historical loan loss experience for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 319.60 Td (similar loans with similar characteristics and trends, adjusted, as necessary) Tj ET Q q 0 0 0 rg BT 381.66 319.60 Td (, to reflect the impact of current ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 306.40 Td (conditions; and \(iii\)general valuation allowances determined in accordance with ) Tj ET Q q 0 0 0 rg BT 411.37 306.40 Td (ASC450 based on general ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 293.20 Td (economic conditions and other qualitative risk factors both internal and external to the Company) Tj ET Q q 0 0 0 rg BT 478.19 293.20 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 266.80 Td (It is our policy to recommend internal risk grades to all loans as a component of the approval process. Based on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 253.60 Td (the size of the loan, senior credit of) Tj ET Q q 0 0 0 rg BT 208.97 253.60 Td (ficers, regional credit administrators, and the chief credit of) Tj ET Q q 0 0 0 rg BT 470.22 253.60 Td (ficer review the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 240.40 Td (classification to ensure accuracy and consistency of classifications, which are then validated by the internal loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 227.20 Td (review process. Loan classifications are internally reviewed to determine if any changes in the circumstances of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 214.00 Td (the loan require a dif) Tj ET Q q 0 0 0 rg BT 145.43 214.00 Td (ferent risk grade. ) Tj ET Q q 0 0 0 rg BT 225.55 214.00 Td (T) Tj ET Q q 0 0 0 rg BT 231.50 214.00 Td (o determine the most appropriate risk grade classification for each loan, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 200.80 Td (the credit of) Tj ET Q q 0 0 0 rg BT 106.94 200.80 Td (ficers examine the borrower) Tj ET Q q 0 0 0 rg BT 231.04 200.80 Td () Tj ET Q q 0 0 0 rg BT 234.10 200.80 Td (s liquidity level, asset quality) Tj ET Q q 0 0 0 rg BT 362.01 200.80 Td (, the amount of the borrower) Tj ET Q q 0 0 0 rg BT 488.26 200.80 Td () Tj ET Q q 0 0 0 rg BT 491.32 200.80 Td (s other ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 187.60 Td (indebtedness, cash flow) Tj ET Q q 0 0 0 rg BT 158.06 187.60 Td (, earnings, sources of financing, and existing lending relationships. ) Tj ET Q q 0 0 0 rg BT 457.25 187.60 Td (The allowances ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 174.40 Td (established for probable losses on specific loans are based on a regular analysis and evaluation of classified loans.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 148.00 Td (Historical valuation allowances are calculated based on the historical loss experience of specific types of loans. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 134.80 Td (W) Tj ET Q q 0 0 0 rg BT 63.50 134.80 Td (e calculate historical loss ratios for pools of similar loans with similar characteristics based on the proportion of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 121.60 Td (actual char) Tj ET Q q 0 0 0 rg BT 101.74 121.60 Td (ge-of) Tj ET Q q 0 0 0 rg BT 124.75 121.60 Td (fs experienced to the total population of loans in the pool. ) Tj ET Q q 0 0 0 rg BT 383.90 121.60 Td (The historical loss ratios are updated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 108.40 Td (quarterly based on actual char) Tj ET Q q 0 0 0 rg BT 185.74 108.40 Td (ge-of) Tj ET Q q 0 0 0 rg BT 208.75 108.40 Td (f experience. ) Tj ET Q q 0 0 0 rg BT 270.43 108.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.77 108.40 Td ( historical valuation allowance is established for each pool of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 95.20 Td (similar loans based upon the product of the historical loss ratio and the total dollar amount of the loans in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 82.00 Td (pool. Our pools of similar loans include groups of construction and land development loans, commercial real ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 68.80 Td (estate loans, commercial and industrial business loans, 1-4 family residential real estate loans, multifamily real ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 55.60 Td (estate loans, and consumer and other loans.) Tj ET Q endstream endobj 55 0 obj <> endobj 56 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (25) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (During the third quarter of 2012, management updated the look-back period for calculating historical losses for all ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (classes of loans from eight quarters to 12 quarters. In the current economic environment, we believe the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (extension of our look-back period was appropriate due to the risks inherent in our loan portfolio. ) Tj ET Q q 0 0 0 rg BT 483.50 668.00 Td (Absent the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (extension of our look-back periods, early cycle losses during 2010 would be excluded from the determination of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (the historical loss rates. ) Tj ET Q q 0 0 0 rg BT 162.56 641.60 Td (W) Tj ET Q q 0 0 0 rg BT 172.06 641.60 Td (e believe this period remains a relevant indicator of the current credit cycle and in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (determination of the risks in the loan portfolio. ) Tj ET Q q 0 0 0 rg BT 264.79 628.40 Td (As we progress through this economic cycle, we will continue to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (evaluate the appropriateness of the look-back period utilized as we seek to capture the inherent risks in our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (portfolio. ) Tj ET Q q 0 0 0 rg BT 100.55 602.00 Td (This refinement of our historical loss calculation period did not have a material impact on our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (allowance for loan losses or provision expense.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (General valuation allowances are based on general economic conditions and other qualitative risk factors both ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (internal and external to ) Tj ET Q q 0 0 0 rg BT 158.26 549.20 Td (T) Tj ET Q q 0 0 0 rg BT 164.21 549.20 Td (owneBank. In general, such valuation allowances are determined by evaluating, among ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (other things: \(i\)the experience, ability) Tj ET Q q 0 0 0 rg BT 224.65 536.00 Td (, and ef) Tj ET Q q 0 0 0 rg BT 257.12 536.00 Td (fectiveness of the Company) Tj ET Q q 0 0 0 rg BT 382.67 536.00 Td (s lending management and staf) Tj ET Q q 0 0 0 rg BT 518.71 536.00 Td (f; \(ii\)the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (ef) Tj ET Q q 0 0 0 rg BT 62.35 522.80 Td (fectiveness of the Company) Tj ET Q q 0 0 0 rg BT 187.90 522.80 Td (s loan policies, procedures, and internal controls; \(iii\)changes in asset quality; ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (\(iv\)changes in loan portfolio volume; \(v\)the composition and concentrations of credit; \(vi\)the ef) Tj ET Q q 0 0 0 rg BT 484.20 509.60 Td (fectiveness of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (the internal loan review function; \(vii\)the impact of national economic trends on portfolio risks; and \(viii\)the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (impact of local economic trends on portfolio risk. Management evaluates the degree of risk that each one of these ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (components has on the quality of the loan portfolio on a quarterly basis to determine an appropriate general ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (valuation allowance.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (The allowance for loan losses at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 262.61 430.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 284.61 430.40 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 290.11 430.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 312.11 430.40 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 336.25 430.40 Td (201) Tj ET Q q 0 0 0 rg BT 352.34 430.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 357.84 430.40 Td ( was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 380.44 430.40 Td ($38.38 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 445.23 430.40 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 450.73 430.40 Td ($40.43 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 515.51 430.40 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td ($39.74 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.78 417.20 Td (, respectively) Tj ET Q q 0 0 0 rg BT 176.71 417.20 Td (. ) Tj ET Q q 0 0 0 rg BT 184.76 417.20 Td (The allowance was equal to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 309.68 417.20 Td (1.19%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 338.09 417.20 Td ( of total loans outstanding at December31,) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 530.24 417.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 552.24 417.20 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (compared with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 122.42 404.00 Td (1.29%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 150.84 404.00 Td ( at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 228.72 404.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 250.72 404.00 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 272.10 404.00 Td (1.42%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 300.51 404.00 Td ( at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 313.95 404.00 Td (201) Tj ET Q q 0 0 0 rg BT 330.04 404.00 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 335.54 404.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 393.47 404.00 Td (. ) Tj ET Q q 0 0 0 rg BT 401.52 404.00 Td (W) Tj ET Q q 0 0 0 rg BT 411.02 404.00 Td (e believe the decline in the ratio ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (is appropriate given the continued improvement in the risk profile of our loan portfolio and diversification ef) Tj ET Q q 0 0 0 rg BT 532.17 390.80 Td (forts ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (in the loan portfolio. Reflective of improving metrics, classified loans, defined as loans in the substandard and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (doubtful categories, decreased to 1.90% of total loans at December31,) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 368.00 364.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 390.00 364.40 Td (, from 3.09% at December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 525.93 364.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 547.93 364.40 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (and loans 60 to 89 days past due decreased to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 256.83 351.20 Td ($563,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 298.08 351.20 Td ( at December31,) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 375.96 351.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 397.96 351.20 Td (, from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 427.60 351.20 Td ($2.65million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 486.88 351.20 Td ( at December ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 70.50 338.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 92.50 338.00 Td (. ) Tj ET Q q 0 0 0 rg BT 100.14 338.00 Td (Also reflecting improvement in our loan portfolio and supporting the adequacy of coverage levels of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (the allowance for loan losses, the allowance was equal to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 307.83 324.80 Td (3.01x) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 332.58 324.80 Td ( of nonperforming loans at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 517.07 324.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 539.07 324.80 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (compared with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 122.42 311.60 Td (.99x) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 141.67 311.60 Td ( at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 219.55 311.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 241.55 311.60 Td (. ) Tj ET Q q 0 0 0 rg BT 249.20 311.60 Td (Although overall economic conditions have shown some recent ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (improvement, the residential real estate market remains stressed and risks to a full recovery remain. Given the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (combination of these noted factors, we believe our allowance for loan losses is adequate to cover loan losses ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.00 Td (inherent in the loan portfolio at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 258.35 272.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 280.35 272.00 Td (. ) Tj ET Q endstream endobj 57 0 obj <> endobj 58 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (26) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The following table provides a summary of the activity in the allowance for loan losses for the periods indicated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (\(dollars in thousands\): ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 644.7 m 272.5 644.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 644.7 m 341.5 644.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 644.7 m 410.5 644.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 644.7 m 479.5 644.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 644.7 m 548.5 644.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 532.7 m 272.5 532.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 532.7 m 341.5 532.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 532.7 m 410.5 532.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 532.7 m 479.5 532.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 532.7 m 548.5 532.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 532.7 m 341.5 532.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 532.7 m 410.5 532.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 532.7 m 479.5 532.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 532.7 m 548.5 532.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 420.70000000000005 m 272.5 420.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 420.70000000000005 m 341.5 420.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 420.70000000000005 m 410.5 420.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 420.70000000000005 m 479.5 420.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 420.70000000000005 m 548.5 420.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 420.70000000000005 m 341.5 420.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 406.70000000000005 m 341.5 406.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 420.70000000000005 m 410.5 420.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 406.70000000000005 m 410.5 406.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 420.70000000000005 m 479.5 420.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 406.70000000000005 m 479.5 406.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 420.70000000000005 m 548.5 420.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 406.70000000000005 m 548.5 406.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 406.70000000000005 m 272.5 406.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 392.70000000000005 m 272.5 392.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 406.70000000000005 m 341.5 406.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 392.70000000000005 m 341.5 392.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 406.70000000000005 m 410.5 406.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 392.70000000000005 m 410.5 392.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 406.70000000000005 m 479.5 406.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 392.70000000000005 m 479.5 392.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 406.70000000000005 m 548.5 406.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 392.70000000000005 m 548.5 392.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 378.70000000000005 m 272.5 378.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 378.70000000000005 m 341.5 378.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 378.70000000000005 m 410.5 378.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 378.70000000000005 m 479.5 378.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 378.70000000000005 m 548.5 378.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 365.70000000000005 m 272.5 365.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 363.70000000000005 m 272.5 363.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 378.70000000000005 m 341.5 378.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 365.70000000000005 m 341.5 365.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 363.70000000000005 m 341.5 363.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 378.70000000000005 m 410.5 378.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 365.70000000000005 m 410.5 365.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 363.70000000000005 m 410.5 363.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 378.70000000000005 m 479.5 378.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 365.70000000000005 m 479.5 365.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 363.70000000000005 m 479.5 363.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 378.70000000000005 m 548.5 378.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 365.70000000000005 m 548.5 365.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 363.70000000000005 m 548.5 363.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 322.70000000000005 m 272.5 322.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 309.70000000000005 m 272.5 309.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 307.70000000000005 m 272.5 307.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 322.70000000000005 m 341.5 322.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 309.70000000000005 m 341.5 309.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 307.70000000000005 m 341.5 307.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 322.70000000000005 m 410.5 322.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 309.70000000000005 m 410.5 309.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 307.70000000000005 m 410.5 307.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 322.70000000000005 m 479.5 322.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 309.70000000000005 m 479.5 309.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 307.70000000000005 m 479.5 307.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 322.70000000000005 m 548.5 322.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 309.70000000000005 m 548.5 309.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 307.70000000000005 m 548.5 307.70000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 62.5 280.70000000000005 m 207.5 280.70000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 280.70000000000005 m 272.5 280.70000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 272.5 280.70000000000005 m 276.5 280.70000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 280.70000000000005 m 341.5 280.70000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 280.70000000000005 m 345.5 280.70000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 280.70000000000005 m 410.5 280.70000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 280.70000000000005 m 414.5 280.70000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 280.70000000000005 m 479.5 280.70000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 280.70000000000005 m 483.5 280.70000000000005 l s 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 280.70000000000005 m 548.5 280.70000000000005 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 649.15 Td (Year Ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 230.50 649.15 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 299.50 649.15 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 368.70 649.15 Td (2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.50 649.15 Td (2010) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.50 649.15 Td (2009) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 635.16 Td (Balance beginning of period) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 210.00 635.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.75 635.16 Td (40,427) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 635.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 635.16 Td (39,740) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 635.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.75 635.16 Td (38,660) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 635.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.90 635.16 Td (33,793) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 635.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 514.90 635.16 Td (27,503) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 621.16 Td (Loans charged off:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 607.16 Td ( 1-4 family residential real estate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 241.25 607.16 Td (\(4,402) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.50 607.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.25 607.16 Td (\(4,640) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 607.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 379.25 607.16 Td (\(4,837) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.50 607.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.40 607.16 Td (\(5,932) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.65 607.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 516.40 607.16 Td (\(1,749) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.65 607.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 593.16 Td ( Multifamily) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 252.50 593.16 Td (\(14) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.50 593.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.00 593.16 Td (\(345) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 593.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 593.16 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.65 593.16 Td (\(95) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.65 593.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.65 593.16 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 579.16 Td ( Commercial real estate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 248.00 579.16 Td (\(396) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.50 579.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.25 579.16 Td (\(3,295) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 579.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 379.25 579.16 Td (\(1,093) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.50 579.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.40 579.16 Td (\(1,933) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.65 579.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.15 579.16 Td (\(310) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.65 579.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 565.16 Td ( Construction and land development) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 241.25 565.16 Td (\(1,734) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.50 565.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.25 565.16 Td (\(5,989) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 565.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 379.25 565.16 Td (\(7,562) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.50 565.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.40 565.16 Td (\(7,294) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.65 565.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 516.40 565.16 Td (\(4,050) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.65 565.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 551.16 Td ( Commercial and industrial) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 241.25 551.16 Td (\(1,040) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.50 551.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.25 551.16 Td (\(1,791) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 551.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.00 551.16 Td (\(374) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.50 551.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.40 551.16 Td (\(1,274) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.65 551.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.15 551.16 Td (\(722) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.65 551.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 537.16 Td ( Consumer and other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 248.00 537.16 Td (\(397) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.50 537.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.00 537.16 Td (\(504) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 537.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.00 537.16 Td (\(318) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.50 537.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.40 537.16 Td (\(1,867) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.65 537.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.15 537.16 Td (\(310) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.65 537.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 523.16 Td ( Total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 241.25 523.16 Td (\(7,983) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.50 523.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.75 523.16 Td (\(16,564) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 523.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 374.75 523.16 Td (\(14,184) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.50 523.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 442.90 523.16 Td (\(18,395) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.65 523.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 516.40 523.16 Td (\(7,141) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.65 523.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 509.16 Td (Loans recovered:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 495.16 Td ( Residential 1-4 family) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 251.00 495.16 Td (465) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.00 495.16 Td (860) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.00 495.16 Td (346) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.15 495.16 Td (123) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.15 495.16 Td (156) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 481.16 Td ( Multifamily) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 255.50 481.16 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.50 481.16 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 481.16 Td (15) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.65 481.16 Td (64) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.65 481.16 Td (71) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 467.16 Td ( Commercial real estate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 251.00 467.16 Td (335) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.50 467.16 Td (60) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.00 467.16 Td (3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.65 467.16 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.65 467.16 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 453.16 Td ( Construction and land development) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 251.00 453.16 Td (367) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.50 453.16 Td (54) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.00 453.16 Td (851) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.15 453.16 Td (332) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.15 453.16 Td (215) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 439.16 Td ( Commercial and industrial) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 251.00 439.16 Td (466) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.50 439.16 Td (66) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.00 439.16 Td (120) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.15 439.16 Td (157) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.65 439.16 Td (77) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 425.16 Td ( Consumer and other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 255.50 425.16 Td (55) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.50 425.16 Td (56) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 389.00 425.16 Td (327) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.65 425.16 Td (21) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.65 425.16 Td (21) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 411.16 Td ( Total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 244.25 411.16 Td (1,688) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 411.16 Td (1,096) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 411.16 Td (1,662) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.15 411.16 Td (697) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.15 411.16 Td (540) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 397.16 Td (Net loans charged off) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 241.25 397.16 Td (\(6,295) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.50 397.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.75 397.16 Td (\(15,468) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 397.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 374.75 397.16 Td (\(12,522) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.50 397.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 442.90 397.16 Td (\(17,698) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.65 397.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 516.40 397.16 Td (\(6,601) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.65 397.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 383.16 Td (Provision for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 244.25 383.16 Td (4,248) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 383.16 Td (16,155) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.75 383.16 Td (13,602) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.90 383.16 Td (22,565) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 514.90 383.16 Td (12,891) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 369.16 Td (Balance end of period) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 210.00 369.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.75 369.16 Td (38,380) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 369.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 369.16 Td (40,427) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 369.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.75 369.16 Td (39,740) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 369.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.90 369.16 Td (38,660) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 369.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 514.90 369.16 Td (33,793) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 355.16 Td (Nonperforming assets:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 341.16 Td ( Nonperforming loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 210.00 341.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.75 341.16 Td (12,753) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 341.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 341.16 Td (40,691) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 341.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.75 341.16 Td (55,801) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 341.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.90 341.16 Td (57,167) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 341.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 514.90 341.16 Td (42,150) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 327.16 Td ( Foreclosed property) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.75 327.16 Td (39,534) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 327.16 Td (30,297) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.75 327.16 Td (29,819) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.90 327.16 Td (20,452) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.40 327.16 Td (2,043) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 313.16 Td ( Total nonperforming assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 210.00 313.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.75 313.16 Td (52,287) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 313.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 313.16 Td (70,988) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 313.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.75 313.16 Td (85,620) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 313.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.90 313.16 Td (77,619) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 313.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 514.90 313.16 Td (44,193) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 299.16 Td (Loans past due 90 days accruing) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 290.16 Td (interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 210.00 290.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 255.50 290.16 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 290.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.00 290.16 Td (222) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 290.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.00 290.16 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 290.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.40 290.16 Td (1,229) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 290.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.40 290.16 Td (1,702) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 266.16 Td (Asset Quality Ratios) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 252.16 Td (Allowance for loan losses to) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 243.16 Td (nonperforming loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 248.75 243.16 Td (3.01x) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.25 243.16 Td (.99x) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.25 243.16 Td (.71x) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.25 243.16 Td (.68x) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.25 243.16 Td (.80x) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 229.16 Td (Allowance to nonperforming assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 253.25 229.16 Td (.73x) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.25 229.16 Td (.57x) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.25 229.16 Td (.46x) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.25 229.16 Td (.50x) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.25 229.16 Td (.76x) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 215.16 Td (Allowance for loan losses to period) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 206.16 Td (end loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 248.75 206.16 Td (1.19) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.50 206.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 206.16 Td (1.29) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 206.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 206.16 Td (1.42) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.50 206.16 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.15 206.37 Td (1.42) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.65 206.37 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 206.37 Td (1.32) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 206.37 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 192.16 Td (Nonperforming loans to period end) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 183.16 Td (loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 248.75 183.16 Td (0.39) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.50 183.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 183.16 Td (1.30) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 183.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 183.16 Td (2.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.50 183.16 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.15 183.37 Td (2.09) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.65 183.37 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 183.37 Td (1.64) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 183.37 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 169.16 Td (Nonperforming assets to period end) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 160.16 Td (assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 248.75 160.16 Td (1.12) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.50 160.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 160.16 Td (1.61) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 160.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 160.16 Td (2.10) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.50 160.16 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.15 160.37 Td (2.01) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.65 160.37 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 160.37 Td (1.23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 160.37 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 146.16 Td (Net charge-offs to average loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 248.75 146.16 Td (0.20) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.50 146.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 146.16 Td (0.52) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 146.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 146.16 Td (0.46) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.50 146.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.90 146.16 Td (0.67) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.50 146.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.90 146.16 Td (0.27) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 146.16 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 115.20 Td (Nonperforming assets consist of nonaccrual loans, foreclosed real estate, and other repossessed collateral. It is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 102.00 Td (our policy to place commercial loans on nonaccrual status when full collection of principal and interest becomes ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 88.80 Td (doubtful, or when any portion of principal or interest becomes 90 days past due, whichever occurs first, unless the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 75.60 Td (debt is both well-secured and in the process of collection. ) Tj ET Q q 0 0 0 rg BT 312.23 75.60 Td (When loans are placed on nonaccrual status, interest ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 62.40 Td (receivable is reversed against interest income recognized in the current period, and any prior year unpaid interest ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 49.20 Td (is char) Tj ET Q q 0 0 0 rg BT 82.82 49.20 Td (ged of) Tj ET Q q 0 0 0 rg BT 110.41 49.20 Td (f against the allowance for loan losses. Interest payments received thereafter are applied as a ) Tj ET Q endstream endobj 59 0 obj <> endobj 60 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (27) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (reduction of the remaining principal balance so long as doubt exists as to the ultimate collection of the principal. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (Loans are removed from nonaccrual status when they become current as to both principal and interest and when ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (the collection of principal or interest is no longer doubtful. Similarly) Tj ET Q q 0 0 0 rg BT 357.55 668.00 Td (, residential mortgage loans and other ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (consumer loans are also placed on nonaccrual status when full collection of principal and interest becomes ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (doubtful, or when any portion of principal or interest becomes 120 days past due, whichever occurs first, unless ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (the debt is both well-secured and in the process of collection.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (At December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 132.19 602.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 154.19 602.00 Td (, we had ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 193.90 602.00 Td ($52.29 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 258.68 602.00 Td ( in nonperforming assets, which amounted to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 459.70 602.00 Td (1.12%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 488.11 602.00 Td ( of total assets. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (Nonperforming assets consist of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 198.81 588.80 Td ($12.75 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 263.59 588.80 Td ( in nonperforming loans, as well as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 420.61 588.80 Td ($39.53million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 485.40 588.80 Td ( in foreclosed ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (property at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 169.15 575.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 191.15 575.60 Td (. Nonperforming loans decreased by $27.94million, or 68.66%, from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 562.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 562.40 Td (, as additions to nonaccrual loans during ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 320.68 562.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 342.68 562.40 Td ( were more than of) Tj ET Q q 0 0 0 rg BT 425.56 562.40 Td (fset by transfers to OREO, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (char) Tj ET Q q 0 0 0 rg BT 72.73 549.20 Td (ge-of) Tj ET Q q 0 0 0 rg BT 95.74 549.20 Td (fs, and payments received. ) Tj ET Q q 0 0 0 rg BT 218.02 549.20 Td (The majority of the decrease was in construction and land development as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (paydowns of $2.86million, char) Tj ET Q q 0 0 0 rg BT 196.78 536.00 Td (ge-of) Tj ET Q q 0 0 0 rg BT 219.79 536.00 Td (fs of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 242.40 536.00 Td ($1.73 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 301.68 536.00 Td (, and transfers to OREO of $22.92million substantially ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (outpaced new nonperforming loans. ) Tj ET Q q 0 0 0 rg BT 217.13 522.80 Td (Additionally) Tj ET Q q 0 0 0 rg BT 272.02 522.80 Td (, nonperforming 1-4 family residential real estate loans ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (decreased by $3.14million as paydowns of $2.35million, char) Tj ET Q q 0 0 0 rg BT 330.58 509.60 Td (ge-of) Tj ET Q q 0 0 0 rg BT 353.59 509.60 Td (fs of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 376.20 509.60 Td ($4.40million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 435.48 509.60 Td (, and transfers to OREO of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td ($3.35million outpaced new nonperforming loans. ) Tj ET Q q 0 0 0 rg BT 279.16 496.40 Td (Also, nonperforming commercial real estate loans decreased ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (by $3.62million as paydowns of $571,000, char) Tj ET Q q 0 0 0 rg BT 266.44 483.20 Td (ge-of) Tj ET Q q 0 0 0 rg BT 289.45 483.20 Td (fs of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 312.06 483.20 Td ($396,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 353.31 483.20 Td (, and transfers to OREO of $2.70million ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (outpaced new nonperforming loans. ) Tj ET Q q 0 0 0 rg BT 217.13 470.00 Td (At December31, 2013, foreclosed property totaled ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 444.08 470.00 Td ($39.53million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 508.86 470.00 Td (, an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (increase from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 116.91 456.80 Td ($30.30million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 181.69 456.80 Td ( at December31, 2012. ) Tj ET Q q 0 0 0 rg BT 289.62 456.80 Td (The four lar) Tj ET Q q 0 0 0 rg BT 341.96 456.80 Td (gest foreclosed property developments ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (represented 71.05% of total foreclosed property at December31, 2013. Foreclosed property consists of 46 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (residential properties, 46 construction and development properties, and seven commercial properties.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (At December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 132.19 404.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 154.19 404.00 Td (, loans 60 to 89 days delinquent, excluding nonperforming loans, totaled ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 475.58 404.00 Td ($563,000) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 516.83 404.00 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (Additionally) Tj ET Q q 0 0 0 rg BT 108.89 390.80 Td (, there are other performing loans, totaling $48.35million, that are current but have certain ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (documentation deficiencies or other potential weaknesses that management considers warrant additional ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (monitoring. ) Tj ET Q q 0 0 0 rg BT 110.53 364.40 Td (All loans in these categories are subject to constant management attention, and their status is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (reviewed on a regular basis.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (In order to maximize the collection of loan balances, we evaluate troubled loan accounts on a case-by-case basis ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (to determine if a loan modification would be appropriate. ) Tj ET Q q 0 0 0 rg BT 308.55 311.60 Td (W) Tj ET Q q 0 0 0 rg BT 318.05 311.60 Td (e may pursue loan modifications when there is a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (reasonable chance that an appropriate modification would allow our clients to continue servicing the debt. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (Because some troubled debt restructurings \(TDRs\) may not ultimately result in the complete collection of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.00 Td (principal and interest \(as modified by the terms of the restructuring\), additional incremental losses could result. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (These potential incremental losses have been factored into our overall allowance for loan losses estimate. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 232.40 Td (At December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 132.19 232.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 154.19 232.40 Td (, nonaccruing ) Tj ET Q q 0 0 0 rg BT 216.61 232.40 Td (TDRs, which are included in nonperforming loans, totaled $3.99million, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.20 Td (accruing ) Tj ET Q q 0 0 0 rg BT 94.42 219.20 Td (TDRs totaled $46.41 million. Nonaccruing loans that are modified can be placed back on accrual status ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.00 Td (when both principal and interest are current, there is a sustained repayment performance of six months or greater) Tj ET Q q 0 0 0 rg BT 549.60 206.00 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.80 Td (and it is probable that we will be able to collect all amounts due \(both principal and interest\) according to the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.60 Td (terms of the loan agreement.) Tj ET Q endstream endobj 61 0 obj <> endobj 62 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (28) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The following table provides information on the composition of nonperforming loans by loan type \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 642.7 m 435 642.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 642.7 m 515 642.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 552.7 m 435 552.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 552.7 m 515 552.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 538.7 m 435 538.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 536.7 m 435 536.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 552.7 m 515 552.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 538.7 m 515 538.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439 536.7 m 515 536.7 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 369.80 661.15 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 450.30 661.15 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 387.00 647.15 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 467.50 647.15 Td (2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 98.50 632.37 Td (Construction and land development) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.50 632.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.65 632.37 Td (5,687) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.50 632.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.65 632.37 Td (27,498) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 98.50 617.37 Td (Commercial real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.65 617.37 Td (1,422) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.65 617.37 Td (5,044) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 98.50 602.37 Td (Multifamily real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.15 602.37 Td (606) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 501.15 602.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 98.50 587.37 Td (1-4 family residential real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.65 587.37 Td (4,194) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.65 587.37 Td (7,337) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 98.50 572.37 Td (Commercial and industrial loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.15 572.37 Td (687) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 496.15 572.37 Td (429) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 98.50 557.37 Td (Consumer loans and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.15 557.37 Td (157) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 496.15 557.37 Td (383) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 98.50 542.37 Td (Total nonperforming loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.50 542.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.65 542.37 Td (12,753) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.50 542.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.65 542.37 Td (40,691) Tj ET Q BT /F2 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 511.80 Td (Allocation of the ) Tj ET Q q 0 0 0 rg BT 133.74 511.80 Td (Allowance for) Tj ET Q q 0 0 0 rg BT 199.22 511.80 Td ( Loan Losses:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 263.40 511.80 Td ( ) Tj ET Q q 0 0 0 rg BT 268.30 511.80 Td (At December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 346.49 511.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 368.49 511.80 Td (, all of the allowance for loan losses was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 498.60 Td (allocated to specific loan categories. Management monitors whether or not the allowance for loan loss allocation ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 485.40 Td (model, as a whole, calculates an appropriate level of allowance for loan losses that moves in direct correlation to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 472.20 Td (the general macroeconomic and loan portfolio conditions the Company experiences over time. ) Tj ET Q q 0 0 0 rg BT 474.72 472.20 Td (This allocation of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 459.00 Td (the allowance for loan losses is calculated on an approximate basis and is not intended as an indication of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 445.80 Td (specific amounts, by loan classification, to be char) Tj ET Q q 0 0 0 rg BT 275.87 445.80 Td (ged to the allowance. ) Tj ET Q q 0 0 0 rg BT 374.63 445.80 Td (The entire amount of the allowance is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 432.60 Td (available to absorb losses occurring in any category of loans. ) Tj ET Q q 0 0 0 rg BT 327.50 432.60 Td (The following table provides a breakdown of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 419.40 Td (allowance for loan losses among the various loan types for the periods indicated \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 383.9 m 302.5 383.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 383.9 m 364.5 383.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 383.9 m 426.5 383.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 383.9 m 487.5 383.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 383.9 m 548.5 383.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 317.9 m 302.5 317.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 317.9 m 364.5 317.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 317.9 m 426.5 317.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 317.9 m 487.5 317.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 317.9 m 548.5 317.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 317.9 m 364.5 317.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 317.9 m 426.5 317.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 317.9 m 487.5 317.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 317.9 m 548.5 317.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 278.9 m 302.5 278.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 278.9 m 364.5 278.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 278.9 m 426.5 278.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 278.9 m 487.5 278.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 278.9 m 548.5 278.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 266.9 m 302.5 266.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 264.9 m 302.5 264.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 278.9 m 364.5 278.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 266.9 m 364.5 266.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 264.9 m 364.5 264.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 278.9 m 426.5 278.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 266.9 m 426.5 266.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 264.9 m 426.5 264.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 278.9 m 487.5 278.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 266.9 m 487.5 266.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 264.9 m 487.5 264.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 278.9 m 548.5 278.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 266.9 m 548.5 266.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 264.9 m 548.5 264.9 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 387.63 Td (Year Ended December 31,) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 263.50 387.63 Td (2013) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 325.00 387.63 Td (2012) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 387.25 387.63 Td (2011) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 448.50 387.63 Td (2010) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 509.50 387.63 Td (2009) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 374.63 Td (Real estate loans:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 361.47 Td ( 1-4 family residential) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 248.00 361.47 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 271.15 361.47 Td (10,730) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 309.00 361.47 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.15 361.47 Td (10,722) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.00 361.47 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.15 361.47 Td (10,837) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.00 361.47 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.15 361.47 Td (9,543) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.00 361.47 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 361.47 Td (7,094) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 347.47 Td ( Commercial) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 271.15 347.47 Td (13,621) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.15 347.47 Td (12,521) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.15 347.47 Td (10,578) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.15 347.47 Td (12,827) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.15 347.47 Td (10,018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 334.47 Td ( Construction) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 276.15 334.47 Td (7,925) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.15 334.47 Td (11,691) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.15 334.47 Td (13,623) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.15 334.47 Td (10,984) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 334.47 Td (7,726) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 321.47 Td ( Multifamily) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.65 321.47 Td (699) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.65 321.47 Td (589) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.65 321.47 Td (395) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.65 321.47 Td (557) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 321.47 Td (416) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 308.47 Td ( Total real estate loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 271.15 308.47 Td (32,975) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.15 308.47 Td (35,523) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.15 308.47 Td (35,433) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.15 308.47 Td (33,911) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.15 308.47 Td (25,254) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 295.63 Td (Commercial and industrial loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 276.15 295.47 Td (4,711) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 338.15 295.47 Td (4,378) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.15 295.47 Td (3,842) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 461.15 295.47 Td (4,008) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 295.47 Td (7,330) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 282.63 Td (Consumer loans and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.65 282.47 Td (694) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.65 282.47 Td (526) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.65 282.47 Td (465) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 468.65 282.47 Td (741) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 282.47 Td (1,209) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 269.63 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 248.00 269.47 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 271.15 269.47 Td (38,380) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 309.00 269.47 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.15 269.47 Td (40,427) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.00 269.47 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.15 269.47 Td (39,740) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.00 269.47 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.15 269.47 Td (38,660) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 494.00 269.47 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.15 269.47 Td (33,793) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 239.40 Td (In the opinion of management, the allowance was adequate at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 392.42 239.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 414.42 239.40 Td (, based on known conditions. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 226.20 Td (However) Tj ET Q q 0 0 0 rg BT 93.88 226.20 Td (, the allowance may be increased or decreased in the future based on loan balances outstanding, changes ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 213.00 Td (in internally generated credit quality ratings of the loan portfolio, changes in the value of collateral, and changes ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 199.80 Td (in general economic conditions and other risk factors.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 173.40 Td (Allowance for) Tj ET Q q 0 0 0 rg BT 119.48 173.40 Td ( Loan Losses Policy and Methodology:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 300.08 173.40 Td ( Our allowance for loan loss methodology is based on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 160.20 Td (guidance provided by various regulatory agencies and includes allowance allocations calculated in accordance ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 147.00 Td (with ) Tj ET Q q 0 0 0 rg BT 75.70 147.00 Td (ASC310, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 121.85 147.00 Td (Receivables) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 174.37 147.00 Td (, and allowance allocations calculated in accordance with ) Tj ET Q q 0 0 0 rg BT 428.78 147.00 Td (ASC450, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 474.93 147.00 Td (Contingencies) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 537.87 147.00 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 133.80 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 108.27 133.80 Td (, the methodology is based on historical loss experience by type of credit and internal risk grade, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 120.60 Td (specific homogeneous risk pools, and specific loss allocations, with adjustments for current events and conditions. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 107.40 Td (The Company) Tj ET Q q 0 0 0 rg BT 119.68 107.40 Td (s process for determining the appropriate level of the allowance for possible loan losses is designed ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 94.20 Td (to account for credit deterioration as it occurs. Our objective is to maintain a loan portfolio that is diverse in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 81.00 Td (terms of loan type, industry concentration, and borrower concentration in order to reduce overall credit risk by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 67.80 Td (minimizing the adverse impact of any single event or combination of related events. ) Tj ET Q endstream endobj 63 0 obj <> endobj 64 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (29) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (Commercial lending may involve a higher degree of risk as compared to other types of lending because ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (repayment usually depends on the cash flows generated by a borrower) Tj ET Q q 0 0 0 rg BT 363.53 681.20 Td () Tj ET Q q 0 0 0 rg BT 366.58 681.20 Td (s business, and the debt service capacity of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (a business can deteriorate because of downturns in national and local economic conditions. ) Tj ET Q q 0 0 0 rg BT 459.35 668.00 Td (Additionally) Tj ET Q q 0 0 0 rg BT 514.24 668.00 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (construction and development lending involves an elevated degree of risk because loans are generally made to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (builders for specific construction projects, and successful repayment of these types of loans is generally ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (dependent upon the sale of the constructed property) Tj ET Q q 0 0 0 rg BT 280.85 628.40 Td (. ) Tj ET Q q 0 0 0 rg BT 288.90 628.40 Td (T) Tj ET Q q 0 0 0 rg BT 294.85 628.40 Td (o control risk, initial and continuing financial analysis of a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (borrower) Tj ET Q q 0 0 0 rg BT 94.72 615.20 Td () Tj ET Q q 0 0 0 rg BT 97.78 615.20 Td (s financial information is required. ) Tj ET Q q 0 0 0 rg BT 255.51 615.20 Td (While management uses the best information available to establish ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (the allowance for loan losses, future adjustments to the allowance methodology may be necessary if economic ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (conditions dif) Tj ET Q q 0 0 0 rg BT 114.60 588.80 Td (fer substantially from the assumptions used in making the valuations, or if required by regulators ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (based upon information at the time of their examinations. Such adjustments to original estimates, as necessary) Tj ET Q q 0 0 0 rg BT 540.84 575.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (are made in the period in which these factors and other relevant considerations indicate that loss levels may vary ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (from previous estimates.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (Deposits:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 97.39 522.80 Td ( Customer deposits are attractive sources of liquidity because of their stability) Tj ET Q q 0 0 0 rg BT 441.86 522.80 Td (, low average cost, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (the ability to generate fee income through the cross-sale of other services to depositors. Deposits are attracted ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (principally from customers within our market area through the of) Tj ET Q q 0 0 0 rg BT 340.63 496.40 Td (fering of a broad selection of deposit ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (instruments, including demand deposits, negotiable order of withdrawal accounts, savings accounts, money rate ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (savings, certificates of deposit, and individual retirement accounts. Deposit account terms vary with respect to the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (minimum balance required, the time period the funds must remain on deposit, and service char) Tj ET Q q 0 0 0 rg BT 470.45 456.80 Td (ge schedules.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (Interest rates paid on specific deposit types are set by considering the \(i\) interest rates of) Tj ET Q q 0 0 0 rg BT 442.03 430.40 Td (fered by competitors, \(ii\) ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (anticipated amount and timing of funding needs, \(iii\) availability of and cost of alternative sources of funding, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (\(iv\) anticipated future economic conditions and interest rates.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (Deposit accounts held as of December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 242.16 377.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 264.16 377.60 Td (, totaled ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 302.34 377.60 Td ($3.57 billion) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 358.57 377.60 Td (. ) Tj ET Q q 0 0 0 rg BT 366.62 377.60 Td (This represented an increase of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 506.19 377.60 Td ($187.05 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 85.78 364.40 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 103.19 364.40 Td (5.53%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 131.61 364.40 Td (, over ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 159.40 364.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 181.40 364.40 Td (, which was $189.27 million, or 5.93%, over ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 380.29 364.40 Td (201) Tj ET Q q 0 0 0 rg BT 396.39 364.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 401.89 364.40 Td (. Deposit accounts represent our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (primary source of funds and are provided by individuals, professionals, and small- to medium-sized businesses in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (the Greater Hampton Roads area and northeastern North Carolina. ) Tj ET Q q 0 0 0 rg BT 351.00 338.00 Td (The deposits consist of demand deposits, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (interest-bearing checking accounts, money market deposit accounts, and time deposits. Some of our interest-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (bearing deposits were obtained through brokered transactions and our participation in CDARS. ) Tj ET Q q 0 0 0 rg BT 477.81 311.60 Td (W) Tj ET Q q 0 0 0 rg BT 487.31 311.60 Td (e had brokered ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (time deposits of $137.50million and CDARS deposits of $43.85 million at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 451.49 298.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 473.49 298.40 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.00 Td (The following tables provide the average balance and cost rate of interest-bearing deposits in addition to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (maturities of certificates of deposit of $100,000 and greater for the periods indicated \(dollars in thousands\). See ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.60 Td (Note 9 in the Notes to Consolidated Financial Statements for additional information on deposits.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 221.10000000000002 m 272.5 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272.5 221.10000000000002 m 276.5 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 221.10000000000002 m 327.5 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 221.10000000000002 m 331.5 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 221.10000000000002 m 382.5 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 221.10000000000002 m 437.5 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 221.10000000000002 m 441.5 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 221.10000000000002 m 492.5 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 221.10000000000002 m 496.5 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 221.10000000000002 m 547.5 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 208.10000000000002 m 272.5 208.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 208.10000000000002 m 327.5 208.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 208.10000000000002 m 382.5 208.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 221.10000000000002 m 437.5 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 208.10000000000002 m 437.5 208.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 221.10000000000002 m 441.5 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 208.10000000000002 m 441.5 208.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 221.10000000000002 m 492.5 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 208.10000000000002 m 492.5 208.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 221.10000000000002 m 496.5 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 208.10000000000002 m 496.5 208.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 221.10000000000002 m 547.5 221.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 208.10000000000002 m 547.5 208.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 130.10000000000002 m 272.5 130.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 130.10000000000002 m 327.5 130.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 130.10000000000002 m 382.5 130.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 117.10000000000002 m 272.5 117.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 117.10000000000002 m 327.5 117.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 117.10000000000002 m 382.5 117.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 105.10000000000002 m 272.5 105.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 103.10000000000002 m 272.5 103.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 105.10000000000002 m 327.5 105.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 103.10000000000002 m 327.5 103.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 105.10000000000002 m 382.5 105.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 103.10000000000002 m 382.5 103.10000000000002 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 269.45 225.55 Td (Average Balance) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 430.80 225.55 Td (Average Cost Rate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 66.00 212.50 Td (For the Year Ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 237.50 212.50 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 292.50 212.50 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 347.70 212.50 Td (2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 402.50 212.50 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 457.50 212.50 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 512.70 212.50 Td (2011) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 199.36 Td (Noninterest-bearing demand deposits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 224.00 199.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 233.00 199.36 Td (1,022,168) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 199.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.75 199.36 Td (904,512) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 334.00 199.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.75 199.36 Td (781,992) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 420.50 199.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.50 199.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 530.50 199.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 186.36 Td (Demand and money markets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 233.00 186.36 Td (1,166,510) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 288.00 186.36 Td (1,064,840) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.75 186.36 Td (880,169) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 186.36 Td (0.27) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.50 186.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.75 186.36 Td (0.40) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.50 186.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.75 186.36 Td (0.56) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.50 186.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 173.36 Td (Savings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.75 173.36 Td (323,011) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.75 173.36 Td (300,235) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.75 173.36 Td (242,236) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 173.36 Td (0.96) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.50 173.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.75 173.36 Td (1.07) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.50 173.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.75 173.36 Td (1.16) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.50 173.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 160.36 Td (Certificates of deposit:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 147.36 Td ( Less than $100,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.75 147.36 Td (351,135) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.75 147.36 Td (326,076) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.75 147.36 Td (388,393) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 147.36 Td (0.90) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.50 147.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.75 147.36 Td (1.30) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.50 147.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.75 147.36 Td (1.72) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.50 147.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 134.36 Td ( $100,000 or more) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.75 134.36 Td (574,523) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.75 134.36 Td (678,852) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.75 134.36 Td (797,300) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 134.36 Td (0.69) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.50 134.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.75 134.36 Td (0.75) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.50 134.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.75 134.36 Td (0.99) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.50 134.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 121.36 Td (Total interest-bearing deposits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 233.00 121.36 Td (2,415,178) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 288.00 121.36 Td (2,370,003) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 343.00 121.36 Td (2,308,099) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 121.36 Td (0.55) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.50 121.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.75 121.36 Td (0.71) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.50 121.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.75 121.36 Td (0.97) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.50 121.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 66.00 108.36 Td (Total deposits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 224.00 108.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 233.00 108.36 Td (3,437,346) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 108.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 288.00 108.36 Td (3,274,516) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 334.00 108.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 343.00 108.36 Td (3,090,091) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 108.36 Td (0.39) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.50 108.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.75 108.36 Td (0.51) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.50 108.36 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.75 108.36 Td (0.72) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 539.50 108.36 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 77.60 Td (A) Tj ET Q q 0 0 0 rg BT 61.13 77.60 Td (verage noninterest-bearing demand deposits were 29.74% of average total deposits during the year ended ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 64.40 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 64.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 64.40 Td (, and 27.62% and 25.31% during ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 288.00 64.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 310.00 64.40 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 331.38 64.40 Td (201) Tj ET Q q 0 0 0 rg BT 347.48 64.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 352.98 64.40 Td (, respectively) Tj ET Q q 0 0 0 rg BT 410.90 64.40 Td (. ) Tj ET Q q 0 0 0 rg BT 418.96 64.40 Td (This change is attributable to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 51.20 Td (historically low rates and is consistent with the decrease in the Company) Tj ET Q q 0 0 0 rg BT 376.89 51.20 Td (s cost of funds. ) Tj ET Q q 0 0 0 rg BT 448.80 51.20 Td (The average cost of ) Tj ET Q endstream endobj 65 0 obj <> endobj 66 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (30) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (interest-bearing deposits was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 184.44 694.40 Td (0.55%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 212.85 694.40 Td ( for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 362.50 694.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 384.50 694.40 Td (, compared with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 458.42 694.40 Td (0.71%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 486.83 694.40 Td ( for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 505.16 694.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 527.16 694.40 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (0.97%) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 82.41 681.20 Td ( for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 100.74 681.20 Td (201) Tj ET Q q 0 0 0 rg BT 116.83 681.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 122.33 681.20 Td (.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (Advances fr) Tj ET Q q 0 0 0 rg BT 110.32 654.80 Td (om the Federal Home Loan Bank: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 273.48 654.80 Td ( Our ability to borrow funds through nondeposit sources ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (provides additional flexibility in meeting the liquidity needs of customers while enhancing our cost of funds ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (structure. ) Tj ET Q q 0 0 0 rg BT 100.13 628.40 Td (A) Tj ET Q q 0 0 0 rg BT 107.25 628.40 Td (verage funds borrowed were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 235.53 628.40 Td ($386.09 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 305.81 628.40 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 327.20 628.40 Td ($305.96 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 397.48 628.40 Td ( for the years ended December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 76.00 615.20 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 97.38 615.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 119.38 615.20 Td (, respectively) Tj ET Q q 0 0 0 rg BT 177.31 615.20 Td (. ) Tj ET Q q 0 0 0 rg BT 185.36 615.20 Td (The balance at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 316.68 615.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 338.68 615.20 Td (, of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 356.09 615.20 Td ($395.09 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 426.37 615.20 Td (, increased $15.09million ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (from the balance at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 205.79 602.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 227.79 602.00 Td (, of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 245.20 602.00 Td ($380.00 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 315.48 602.00 Td (. Refer to Note 10 in the Notes to Consolidated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (Financial Statements for additional disclosures related to borrowing arrangements.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (Convertible Subordinated Capital Notes:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 246.81 562.40 Td ( ) Tj ET Q q 0 0 0 rg BT 252.11 562.40 Td (The Company had no convertible subordinated capital debentures at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 549.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 549.20 Td ( or December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 219.55 549.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 241.55 549.20 Td (. During the first quarter of 2012, the Company announced the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (mandatory conversion of its outstanding Series III notes. ) Tj ET Q q 0 0 0 rg BT 308.18 536.00 Td (At the close of business on March19, 2012, all ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td ($13.60million of outstanding Series III notes were converted into shares of the Company) Tj ET Q q 0 0 0 rg BT 451.14 522.80 Td (s common stock at the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (conversion price of $13.38 per share \(equal to a conversion rate of 149.48 shares per $2,000 principal amount of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (notes\). ) Tj ET Q q 0 0 0 rg BT 88.53 496.40 Td (A) Tj ET Q q 0 0 0 rg BT 95.65 496.40 Td (verage total convertible subordinated capital debentures for the year ended December 31, 2013, were $0, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (compared with $2.95million for 2012. Convertible subordinated capital debentures are unsecured debt that has a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (lesser priority than that of other debt claims and are not insured by the Federal Deposit Insurance Corporation \(the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (FDIC\) or any other governmental agency) Tj ET Q q 0 0 0 rg BT 244.80 456.80 Td (. Refer to Note 10 of the Notes to Consolidated Financial Statements ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (for information on convertible subordinated capital debentures.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 416.60 Td (Liquidity:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 101.68 416.60 Td ( Liquidity represents our ability to provide funds to meet customer demand for loan and deposit ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 403.40 Td (withdrawals without impairing profitability) Tj ET Q q 0 0 0 rg BT 244.23 403.40 Td (. Our liquid assets consist of cash, interest-bearing deposits in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.20 Td (financial institutions, federal funds sold, and investments and loans maturing within one year) Tj ET Q q 0 0 0 rg BT 462.75 390.20 Td (. ) Tj ET Q q 0 0 0 rg BT 470.39 390.20 Td (Asset liquidity is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.00 Td (also provided by managing both loan and security maturities.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 350.60 Td (W) Tj ET Q q 0 0 0 rg BT 63.50 350.60 Td (e maintained an average of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 184.74 350.60 Td ($300.98million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 255.02 350.60 Td ( outstanding in overnight interest-bearing deposits during ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 510.12 350.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 532.12 350.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 337.40 Td (compared with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 122.42 337.40 Td ($309.10million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 192.70 337.40 Td ( for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 211.03 337.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 233.03 337.40 Td (. ) Tj ET Q q 0 0 0 rg BT 241.08 337.40 Td (W) Tj ET Q q 0 0 0 rg BT 250.58 337.40 Td (e intend to maintain suf) Tj ET Q q 0 0 0 rg BT 354.25 337.40 Td (ficient liquidity at all times to meet our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.20 Td (funding commitments and growth plans. During ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 271.53 324.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 293.53 324.20 Td (, we primarily funded our growth in total assets with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.00 Td (deposit growth.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 284.60 Td (Capital Resour) Tj ET Q q 0 0 0 rg BT 125.00 284.60 Td (ces:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 142.70 284.60 Td ( Federal banking laws set forth certain regulatory capital requirements that apply to us. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 271.40 Td (W) Tj ET Q q 0 0 0 rg BT 63.94 271.40 Td (ithin the framework established by the law) Tj ET Q q 0 0 0 rg BT 250.79 271.40 Td (, we qualify for the classification well-capitalized, which is the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.20 Td (highest regulatory classification.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 231.80 Td (On September 22, 201) Tj ET Q q 0 0 0 rg BT 152.58 231.80 Td (1, the Company entered into a Securities Purchase ) Tj ET Q q 0 0 0 rg BT 375.88 231.80 Td (Agreement with the Secretary of the U.S. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 218.60 Td (T) Tj ET Q q 0 0 0 rg BT 60.33 218.60 Td (reasury Department, pursuant to which the Company sold and issued 76,458 shares of the Company) Tj ET Q q 0 0 0 rg BT 503.30 218.60 Td (s Series C ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 205.40 Td (Preferred Stock, liquidation value of $1,000 per share, for a total purchase price of $76.46 million. ) Tj ET Q q 0 0 0 rg BT 492.45 205.40 Td (The issuance ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.20 Td (was pursuant to the SBLF program, a $30 billion fund established under the Small Business Jobs ) Tj ET Q q 0 0 0 rg BT 482.66 192.20 Td (Act of 2010 that ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.00 Td (was created to encourage lending to small businesses by providing capital to qualified community banks with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 165.80 Td (assets of less than $10 billion.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 139.40 Td (The holder of the Series C Preferred Stock is entitled to receive non-cumulative dividends, payable quarterly) Tj ET Q q 0 0 0 rg BT 531.63 139.40 Td (, on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.20 Td (January 1, ) Tj ET Q q 0 0 0 rg BT 101.35 126.20 Td (April 1, July 1, and October 1 of each year) Tj ET Q q 0 0 0 rg BT 288.60 126.20 Td (. ) Tj ET Q q 0 0 0 rg BT 296.65 126.20 Td (The dividend rate can fluctuate on a quarterly basis during ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.00 Td (the first ten quarters during which the Series C Preferred Stock is outstanding, based upon changes in the level of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 99.80 Td (Qualified Small Business Lending \(QSBL\) by the Company as compared to the Company) Tj ET Q q 0 0 0 rg BT 472.53 99.80 Td (s baseline QSBL) Tj ET Q q 0 0 0 rg BT 546.06 99.80 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 86.60 Td (level, which was established at the closing of the securities issuance. ) Tj ET Q q 0 0 0 rg BT 361.10 86.60 Td (The dividend rate for the initial dividend ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 73.40 Td (period has been set at 5%. For the second through 10th calendar quarters, the dividend rate may be adjusted to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 60.20 Td (between 1% and 5% per annum based upon the increase in QSBL) Tj ET Q q 0 0 0 rg BT 342.87 60.20 Td ( as compared to the initial baseline. For the 1) Tj ET Q q 0 0 0 rg BT 543.16 60.20 Td (1th ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 47.00 Td (calendar quarter through four and one-half years after issuance, the dividend rate will be fixed at between 1% and ) Tj ET Q endstream endobj 67 0 obj <> endobj 68 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (31) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (7% based upon the level of QSBL) Tj ET Q q 0 0 0 rg BT 203.90 694.40 Td ( compared to the baseline. ) Tj ET Q q 0 0 0 rg BT 323.94 694.40 Td (After four and one-half years from issuance, the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (dividend rate will increase to 9%. Due to the Company) Tj ET Q q 0 0 0 rg BT 301.74 681.20 Td (s loan growth, the blended rate for the period from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (closing through December 31, 201) Tj ET Q q 0 0 0 rg BT 206.03 668.00 Td (1, was 4.63%, with the rate reduced to 3.92% for the first quarter of 2012, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (2.28% for the second quarter of 2012, 1.0% for the remainder of 2012 and 2013, and will remain fixed at 1% ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (through the end of 2015.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (If the Company has not declared and paid an aggregate of six dividend payments on the Series C Preferred Stock, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (whether or not consecutive, the holder of the SeriesC Preferred Stock will have the right to elect two directors to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (the Company) Tj ET Q q 0 0 0 rg BT 116.02 588.80 Td (s Board of Directors. ) Tj ET Q q 0 0 0 rg BT 213.58 588.80 Td (The Series C Preferred Stock may be redeemed at any time at the Company) Tj ET Q q 0 0 0 rg BT 549.27 588.80 Td (s ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (option, at a redemption price of 100% of the liquidation amount plus accrued but unpaid dividends to the date of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (redemption for the current period, subject to the approval of the FDIC.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (On September 22, 201) Tj ET Q q 0 0 0 rg BT 152.58 536.00 Td (1, the Company used the proceeds from the sale and issuance of the Series C Preferred ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (Stock to repurchase all 76,458 outstanding shares of its Fixed Rate Non-Cumulative Perpetual Preferred Stock, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (SeriesB, liquidation amount $1,000 per share \(SeriesB Preferred Stock\), for a redemption price of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td ($76.46million, plus accrued but unpaid dividends. ) Tj ET Q q 0 0 0 rg BT 282.63 496.40 Td (The Series B Preferred Stock was issued in the fourth quarter ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (of 2008 to the U.S. ) Tj ET Q q 0 0 0 rg BT 140.27 483.20 Td (T) Tj ET Q q 0 0 0 rg BT 146.60 483.20 Td (reasury Department under the Capital Purchase Program. ) Tj ET Q q 0 0 0 rg BT 403.29 483.20 Td (W) Tj ET Q q 0 0 0 rg BT 413.23 483.20 Td (ith the repurchase of all shares ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (of the Series B Preferred Stock, the remaining accretion of the discount of $1.86 million was accelerated into the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (third quarter of 201) Tj ET Q q 0 0 0 rg BT 139.43 456.80 Td (1 and reduced income available to common shareholders.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (In connection with the issuance of the Series B Preferred Stock, the Company issued a 10-year warrant to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (purchase 554,330 common shares at an exercise price of $20.69 per share. On May 15, 2013, the Company ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (repurchased the warrant from the U.S. ) Tj ET Q q 0 0 0 rg BT 224.85 404.00 Td (T) Tj ET Q q 0 0 0 rg BT 231.18 404.00 Td (reasury Department for $1.5 million. ) Tj ET Q q 0 0 0 rg BT 398.38 404.00 Td (The transaction reduced additional ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (paid-in capital within stockholders) Tj ET Q q 0 0 0 rg BT 209.28 390.80 Td ( equity by $1.5 million. ) Tj ET Q q 0 0 0 rg BT 315.11 390.80 Td (The warrant repurchase did not impact results of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (operations.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (In ) Tj ET Q q 0 0 0 rg BT 65.31 351.20 Td (August 2008, the Company issued 598,542 shares of Series ) Tj ET Q q 0 0 0 rg BT 328.98 351.20 Td (A) Tj ET Q q 0 0 0 rg BT 336.32 351.20 Td ( Preferred Stock, at a purchase price of $100 per ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (share. ) Tj ET Q q 0 0 0 rg BT 85.26 338.00 Td (The Series ) Tj ET Q q 0 0 0 rg BT 134.14 338.00 Td (A) Tj ET Q q 0 0 0 rg BT 141.47 338.00 Td ( Preferred Stock paid a non-cumulative dividend of 8% per year) Tj ET Q q 0 0 0 rg BT 422.49 338.00 Td (. Each share of the Series ) Tj ET Q q 0 0 0 rg BT 538.56 338.00 Td (A) Tj ET Q q 0 0 0 rg BT 545.90 338.00 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (Preferred Stock could be converted at any time, at the option of the holder) Tj ET Q q 0 0 0 rg BT 379.78 324.80 Td (, into shares of common stock equal to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (the purchase price divided by $18.02.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (On September 1, 2013, all outstanding shares of the Series ) Tj ET Q q 0 0 0 rg BT 313.68 285.20 Td (A) Tj ET Q q 0 0 0 rg BT 321.01 285.20 Td ( Preferred Stock were mandatorily converted into ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.00 Td (3.19 million shares of ) Tj ET Q q 0 0 0 rg BT 152.48 272.00 Td (T) Tj ET Q q 0 0 0 rg BT 158.44 272.00 Td (owneBank common stock reflecting a conversion price of $18.02 per share of common ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (stock, plus cash in lieu of any fractional shares.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 232.40 Td (Additional information concerning our capital resources is contained in Note 16 of the Notes to Consolidated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.20 Td (Financial Statements.) Tj ET Q endstream endobj 69 0 obj <> endobj 70 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (32) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 694.60 Td (Contractual Obligations, Contingent Liabilities, and Commitments:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 372.10 694.60 Td ( ) Tj ET Q q 0 0 0 rg BT 377.40 694.60 Td (The following table summarizes our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.40 Td (significant contractual obligations, contingent liabilities, and certain other commitments outstanding as of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.20 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 668.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 668.20 Td ( \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 231.5 630.5 m 292.5 630.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 630.5 m 296.5 630.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 630.5 m 356.5 630.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356.5 630.5 m 360.5 630.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 630.5 m 420.5 630.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 630.5 m 424.5 630.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 630.5 m 484.5 630.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 630.5 m 488.5 630.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 630.5 m 548.5 630.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 62.5 608.5 m 227.5 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 231.5 608.5 m 292.5 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 608.5 m 356.5 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 608.5 m 420.5 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 608.5 m 484.5 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 608.5 m 548.5 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 231.5 514.5 m 292.5 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 514.5 m 356.5 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 514.5 m 420.5 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 514.5 m 484.5 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 514.5 m 548.5 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 231.5 502.5 m 292.5 502.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 231.5 500.5 m 292.5 500.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 514.5 m 356.5 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 502.5 m 356.5 502.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 500.5 m 356.5 500.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 514.5 m 420.5 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 502.5 m 420.5 502.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 500.5 m 420.5 500.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 514.5 m 484.5 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 502.5 m 484.5 502.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 500.5 m 484.5 500.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 514.5 m 548.5 514.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 502.5 m 548.5 502.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 500.5 m 548.5 500.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 343.10 634.95 Td (Payments due by period) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 612.95 Td (Contractual Obligations) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 251.65 612.95 Td (Total) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 307.60 621.90 Td (Less than ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 314.20 612.90 Td (1 year) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 370.35 612.95 Td (1 - 3 years) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.35 612.95 Td (3 - 5 years) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 497.70 621.90 Td (Mor) Tj ET Q q 0 0 0 rg BT 514.53 621.90 Td (e than ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 504.35 612.90 Td (5 years) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 599.90 Td (Operating lease obligations) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 234.00 599.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.25 599.76 Td (35,359) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 299.00 599.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 332.75 599.76 Td (6,901) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.00 599.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 392.25 599.76 Td (11,436) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.00 599.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 599.76 Td (8,855) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 599.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 599.76 Td (8,167) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 586.90 Td (Other long-term liabilities reflected on) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 577.90 Td (the registrants balance sheet under) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 74.00 568.95 Td (GAAP) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 557.76 Td ( FHLB advances) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.75 557.76 Td (395,087) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.00 557.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 392.25 557.76 Td (33,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.75 557.76 Td (314,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 557.76 Td (48,087) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 544.90 Td (Other commitments) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 531.76 Td ( Standby letters of credit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.25 531.76 Td (27,889) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 328.25 531.76 Td (27,889) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 531.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.00 531.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 531.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 518.76 Td ( Commitments to extend credit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.75 518.76 Td (859,076) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.75 518.76 Td (859,076) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 518.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.00 518.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 518.76 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 505.90 Td (Total contractual obligations) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 234.00 505.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 253.00 505.76 Td (1,317,411) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 299.00 505.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.75 505.76 Td (893,866) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.00 505.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 392.25 505.76 Td (44,436) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.00 505.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.75 505.76 Td (322,855) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 505.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 505.76 Td (56,254) Tj ET Q BT /F2 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 475.00 Td (Impact of Inflation and Changing Prices:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 247.43 475.00 Td ( ) Tj ET Q q 0 0 0 rg BT 252.73 475.00 Td (The financial statements and related data presented herein have been ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 461.80 Td (prepared in accordance with generally accepted accounting principles. ) Tj ET Q q 0 0 0 rg BT 368.37 461.80 Td (These principles dictate that financial ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 448.60 Td (position and operating results be measured in terms of historical dollars, without considering changes in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 435.40 Td (relative purchasing power of money over time due to inflation. ) Tj ET Q q 0 0 0 rg BT 335.03 435.40 Td (A) Tj ET Q q 0 0 0 rg BT 342.37 435.40 Td ( financial institution) Tj ET Q q 0 0 0 rg BT 434.02 435.40 Td (s assets and liabilities are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 422.20 Td (primarily monetary in nature. ) Tj ET Q q 0 0 0 rg BT 188.41 422.20 Td (As a result, general levels of inflation typically have a less significant ef) Tj ET Q q 0 0 0 rg BT 505.57 422.20 Td (fect on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 409.00 Td (financial performance than do changes in interest rates; however) Tj ET Q q 0 0 0 rg BT 337.60 409.00 Td (, noninterest expenses tend to rise in periods of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 395.80 Td (general inflation.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 369.40 Td (Return on Equity and ) Tj ET Q q 0 0 0 rg BT 159.14 369.40 Td (Assets: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 194.89 369.40 Td ( ) Tj ET Q q 0 0 0 rg BT 197.44 369.40 Td (The annualized ratio of operating income to average total assets and average ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 356.20 Td (shareholders) Tj ET Q q 0 0 0 rg BT 112.44 356.20 Td ( equity and average equity to average assets for the periods indicated are as follows: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 319.5 m 376.5 319.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 319.5 m 431.5 319.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 319.5 m 486.5 319.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 127.00 323.90 Td (Year Ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 343.50 323.90 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.50 323.90 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 451.70 323.90 Td (2011) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 127.00 310.76 Td (Return on average assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.75 310.76 Td (0.93) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.50 310.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.75 310.76 Td (0.90) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.50 310.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.75 310.76 Td (0.83) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.50 310.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 127.00 297.76 Td (Return on average equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.75 297.76 Td (7.27) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.50 297.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.75 297.76 Td (6.95) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.50 297.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.75 297.76 Td (6.51) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.50 297.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 127.00 284.76 Td (Average equity to average assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.25 284.76 Td (12.75) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.50 284.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.25 284.76 Td (12.99) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.50 284.76 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.25 284.76 Td (12.82) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.50 284.76 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 254.00 Td (Inter) Tj ET Q q 0 0 0 rg BT 77.63 254.00 Td (est Sensitivity:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 145.76 254.00 Td ( Prudent balance sheet management requires processes that monitor and protect us against ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 240.80 Td (unanticipated or significant changes in the level of market interest rates. Net interest income stability should be ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 227.60 Td (maintained in changing rate environments by ensuring that interest rate risk is kept to an acceptable level. ) Tj ET Q q 0 0 0 rg BT 523.90 227.60 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 214.40 Td (ability to reprice our interest-sensitive assets and liabilities over various time intervals is of critical importance. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 188.00 Td (W) Tj ET Q q 0 0 0 rg BT 63.50 188.00 Td (e use a variety of traditional and on-balance-sheet tools to manage our interest rate risk. Gap analysis, which ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 174.80 Td (monitors the gap between interest-sensitive assets and liabilities, is one such tool. In addition, we use ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 161.60 Td (simulation modeling to forecast future balance sheet and income statement behavior) Tj ET Q q 0 0 0 rg BT 423.60 161.60 Td (. By studying the ef) Tj ET Q q 0 0 0 rg BT 512.62 161.60 Td (fects on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 148.40 Td (net interest income of rising, stable, and falling interest rate scenarios, we can position ourselves to take ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 135.20 Td (advantage of anticipated interest rate movement, and protect ourselves from unanticipated rate movements, by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 122.00 Td (understanding the dynamic nature of our balance sheet components.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 95.60 Td (An asset-sensitive balance sheet structure implies that assets, such as loans and securities, will reprice faster than ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 82.40 Td (liabilities; consequently) Tj ET Q q 0 0 0 rg BT 158.07 82.40 Td (, net interest income should be positively af) Tj ET Q q 0 0 0 rg BT 349.72 82.40 Td (fected in an increasing interest rate ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 69.20 Td (environment. Conversely) Tj ET Q q 0 0 0 rg BT 167.23 69.20 Td (, a liability-sensitive balance sheet structure implies that liabilities, such as deposits, will ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 56.00 Td (reprice faster than assets; consequently) Tj ET Q q 0 0 0 rg BT 224.94 56.00 Td (, net interest income should be positively af) Tj ET Q q 0 0 0 rg BT 416.59 56.00 Td (fected in a decreasing interest ) Tj ET Q endstream endobj 71 0 obj <> endobj 72 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (33) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (rate environment. ) Tj ET Q q 0 0 0 rg BT 136.47 694.40 Td (At December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 214.67 694.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 236.67 694.40 Td (, we had $288.84million more liabilities than assets subject to repricing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (within one year and, therefore, were in a liability-sensitive position. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (Market Risk Management:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 181.70 654.80 Td ( ) Tj ET Q q 0 0 0 rg BT 187.00 654.80 Td (The ef) Tj ET Q q 0 0 0 rg BT 215.20 654.80 Td (fective management of market risk is essential to achieving our strategic ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (objectives. ) Tj ET Q q 0 0 0 rg BT 106.24 641.60 Td (As a financial institution, our most significant market risk exposure is interest rate risk. ) Tj ET Q q 0 0 0 rg BT 494.93 641.60 Td (The primary ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (objective of the management of interest rate risk is to minimize the ef) Tj ET Q q 0 0 0 rg BT 359.86 628.40 Td (fect that changes in interest rates have on net ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (interest income. ) Tj ET Q q 0 0 0 rg BT 129.56 615.20 Td (This is accomplished through active management of asset and liability portfolios, with a focus on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (the strategic pricing of asset and liability accounts and management of appropriate maturity mixes of assets and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (liabilities. ) Tj ET Q q 0 0 0 rg BT 102.99 588.80 Td (The goal of these activities is the development of appropriate maturity and repricing opportunities in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (our portfolios of assets and liabilities that will produce consistent net interest income during periods of changing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (interest rates. Our ) Tj ET Q q 0 0 0 rg BT 137.39 562.40 Td (ALCO monitors loan, investment, and liability portfolios to ensure comprehensive ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (management of interest rate risk. ) Tj ET Q q 0 0 0 rg BT 203.77 549.20 Td (These portfolios are analyzed for proper fixed-rate and variable-rate mixes ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (under various interest rate scenarios.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (The asset and liability management process is designed to achieve relatively stable net interest mar) Tj ET Q q 0 0 0 rg BT 488.76 509.60 Td (gins and assure ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (liquidity by coordinating the volumes, maturities, and/or repricing opportunities of earning assets, deposits, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (borrowed funds. It is the responsibility of the ) Tj ET Q q 0 0 0 rg BT 257.47 483.20 Td (ALCO to determine and achieve the most appropriate volume and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (mix of earning assets and interest-bearing liabilities, as well as ensure an adequate level of liquidity and capital ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (within the context of corporate performance goals. ) Tj ET Q q 0 0 0 rg BT 281.97 456.80 Td (The ) Tj ET Q q 0 0 0 rg BT 301.21 456.80 Td (ALCO also sets policy guidelines and establishes long-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (term strategies with respect to interest rate risk exposure and liquidity) Tj ET Q q 0 0 0 rg BT 359.98 443.60 Td (. ) Tj ET Q q 0 0 0 rg BT 368.03 443.60 Td (The ) Tj ET Q q 0 0 0 rg BT 387.27 443.60 Td (ALCO meets regularly to review our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (interest rate risk and liquidity positions in relation to present and prospective market and business conditions. In ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (addition, funding and balance sheet management strategies are adopted with the intent to ensure that the potential ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (impact on earnings and liquidity due to fluctuations in interest rates are within acceptable standards. ) Tj ET Q q 0 0 0 rg BT 499.47 404.00 Td (W) Tj ET Q q 0 0 0 rg BT 508.97 404.00 Td (e currently ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (do not use of) Tj ET Q q 0 0 0 rg BT 110.93 390.80 Td (f-balance-sheet financial instruments to manage interest rate sensitivity and net interest income.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (Earnings Simulation ) Tj ET Q q 0 0 0 rg BT 153.03 364.40 Td (Analysis:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 196.43 364.40 Td ( Management uses simulation analysis to measure the sensitivity of net interest ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (income to changes in interest rates. ) Tj ET Q q 0 0 0 rg BT 213.86 351.20 Td (The model calculates an earnings estimate based on current and projected ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (balances and rates. ) Tj ET Q q 0 0 0 rg BT 142.06 338.00 Td (This method is subject to the accuracy of the assumptions that underlie the process, but it ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (provides an additional analysis of the sensitivity of earnings to changes in interest rates to static gap analysis. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (Assumptions used in the model rates are derived from historical trends, peer analysis, and management) Tj ET Q q 0 0 0 rg BT 510.98 311.60 Td (s outlook, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (and include loans and deposit growth rates and projected yields and rates. ) Tj ET Q q 0 0 0 rg BT 382.68 298.40 Td (All maturities, calls, and prepayments ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (in the securities portfolio are assumed to be reinvested in like instruments. Mortgage loans and mortgage-backed ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.00 Td (securities prepayment assumptions are based on industry estimates of prepayment speeds for portfolios with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (similar coupon ranges and seasoning. Dif) Tj ET Q q 0 0 0 rg BT 238.62 258.80 Td (ferent interest rate scenarios and yield curves are used to measure the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.60 Td (sensitivity of earnings to changing interest rates. Interest rates on dif) Tj ET Q q 0 0 0 rg BT 357.44 245.60 Td (ferent asset and liability accounts move ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 232.40 Td (dif) Tj ET Q q 0 0 0 rg BT 66.02 232.40 Td (ferently when the prime rate changes and is reflected in the dif) Tj ET Q q 0 0 0 rg BT 341.01 232.40 Td (ferent rate scenarios.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.00 Td (The following table represents interest rate sensitivity on our net interest income using dif) Tj ET Q q 0 0 0 rg BT 449.39 206.00 Td (ferent rate scenarios:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 122.5 159.89999999999998 m 259.5 159.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 159.89999999999998 m 488.5 159.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 159.89999999999998 m 488.5 159.89999999999998 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 391.40 176.63 Td (% Change in) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 143.10 163.63 Td (Change in Prime Rate) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 377.10 163.63 Td (Net Interest Income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.20 150.47 Td (+ 300 basis points) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.55 150.47 Td (9.28%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.20 136.47 Td (+ 200 basis points) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.55 136.47 Td (5.57%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.20 122.47 Td (+ 100 basis points) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.55 122.47 Td (2.49%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 155.35 108.47 Td (- 100 basis points) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.25 108.47 Td (\(5.84\)%) Tj ET Q BT /F2 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 77.40 Td (Market ) Tj ET Q q 0 0 0 rg BT 91.98 77.40 Td (V) Tj ET Q q 0 0 0 rg BT 98.91 77.40 Td (alue Simulation: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 181.73 77.40 Td (Market value simulation is used to calculate the estimated fair value of assets and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 64.20 Td (liabilities over dif) Tj ET Q q 0 0 0 rg BT 132.00 64.20 Td (ferent interest rate environments. Market values are calculated based on discounted cash flow ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 51.00 Td (analysis. ) Tj ET Q q 0 0 0 rg BT 97.49 51.00 Td (The net market value is the market value of all assets minus the market value of all liabilities. ) Tj ET Q q 0 0 0 rg BT 513.94 51.00 Td (The ) Tj ET Q endstream endobj 73 0 obj <> endobj 74 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (34) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (change in net market value over dif) Tj ET Q q 0 0 0 rg BT 209.57 694.40 Td (ferent rate environments is an indication of the longer term repricing risk in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (the balance sheet. ) Tj ET Q q 0 0 0 rg BT 137.18 681.20 Td (The same assumptions are used in the market value simulation as in the earnings simulation. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (The following table reflects the change in net market value over dif) Tj ET Q q 0 0 0 rg BT 350.38 668.00 Td (ferent rate environments:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 122.5 617.5 m 259.5 617.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 617.5 m 488.5 617.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 122.5 617.5 m 259.5 617.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 617.5 m 488.5 617.5 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 358.35 636.18 Td (Change in Net Market Value) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 143.10 622.18 Td (Change in Prime Rate) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 373.05 622.18 Td (\(dollars in thousands\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.20 608.07 Td (+ 300 basis points) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.40 608.07 Td ($\(279,357\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.20 594.07 Td (+ 200 basis points) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.40 594.07 Td ($\(149,869\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.20 580.07 Td (+ 100 basis points) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.90 580.07 Td ($\(32,837\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 155.35 566.07 Td (- 100 basis points) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.90 566.07 Td ($\(29,275\)) Tj ET Q BT /F2 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 535.00 Td (Cr) Tj ET Q q 0 0 0 rg BT 66.63 535.00 Td (edit Risk Elements:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 158.29 535.00 Td ( ) Tj ET Q q 0 0 0 rg BT 163.59 535.00 Td (W) Tj ET Q q 0 0 0 rg BT 173.09 535.00 Td (e place a loan in nonaccrual status when management believes, after considering ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 521.80 Td (economic and business conditions and collections ef) Tj ET Q q 0 0 0 rg BT 284.14 521.80 Td (forts, that the borrower) Tj ET Q q 0 0 0 rg BT 385.96 521.80 Td () Tj ET Q q 0 0 0 rg BT 389.01 521.80 Td (s financial condition is such that full ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 508.60 Td (collection of principal and interest is doubtful or when the loan is past due for 90 days or more, unless the debt is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 495.40 Td (both well-secured and in the process of collection. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 469.00 Td (FOR) Tj ET Q q 0 0 0 rg BT 76.83 469.00 Td (W) Tj ET Q q 0 0 0 rg BT 86.61 469.00 Td (ARD-LOOKING ST) Tj ET Q q 0 0 0 rg BT 183.28 469.00 Td (A) Tj ET Q q 0 0 0 rg BT 190.41 469.00 Td (TEMENTS ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 442.60 Td (This report contains certain forward-looking statements with respect to our plans, objectives, future performance, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 429.40 Td (and business, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 416.20 Td (Act of 1995. ) Tj ET Q q 0 0 0 rg BT 114.60 416.20 Td (W) Tj ET Q q 0 0 0 rg BT 124.10 416.20 Td (ords such as expects, anticipates, believes, estimates, and other similar expressions or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 403.00 Td (future or conditional verbs such as will, should, would, and could are intended to identify such forward-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 389.80 Td (looking statements. ) Tj ET Q q 0 0 0 rg BT 144.85 389.80 Td (These forward-looking statements are not guarantees of future performance and involve ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 376.60 Td (certain risks and uncertainties and are based on the beliefs and assumptions of our management. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 350.20 Td (Factors that may cause actual results to dif) Tj ET Q q 0 0 0 rg BT 241.05 350.20 Td (fer materially from those contemplated by such forward-looking ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 337.00 Td (statements include, among others, the following:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 310.60 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 310.60 Td (competitive pressures in the banking industry may increase significantly;) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 291.40 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 291.40 Td (changes in the interest rate environment may reduce mar) Tj ET Q q 0 0 0 rg BT 339.03 291.40 Td (gins and/or the volumes and values of loans ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 278.20 Td (made or held, as well as the value of other financial assets held;) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 259.00 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 259.00 Td (changes in the creditworthiness of customers and the possible impairment of the collectability of loans;) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 239.80 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 239.80 Td (general economic conditions, either nationally or regionally) Tj ET Q q 0 0 0 rg BT 352.28 239.80 Td (, may be less favorable than expected, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 226.60 Td (resulting in, among other things, a deterioration in credit quality and/or a reduced demand for credit or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 213.40 Td (other services;) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 194.20 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 194.20 Td (changes in the legislative or regulatory environment, including changes in accounting standards, may ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 181.00 Td (adversely af) Tj ET Q q 0 0 0 rg BT 143.24 181.00 Td (fect our businesses;) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 161.80 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 161.80 Td (costs or dif) Tj ET Q q 0 0 0 rg BT 138.68 161.80 Td (ficulties related to the integration of the business and the businesses we have acquired may be ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 148.60 Td (greater than expected;) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 129.40 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 129.40 Td (expected cost savings associated with pending or recently completed acquisitions may not be fully ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 116.20 Td (realized or realized within the expected time frame;) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 97.00 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 97.00 Td (our competitors may have greater financial resources and develop products that enable them to compete ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 83.80 Td (more successfully;) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 64.60 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 64.60 Td (changes in business conditions;) Tj ET Q endstream endobj 75 0 obj <> endobj 76 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 211.53 725.40 Td (AND ) Tj ET Q q 0 0 0 rg BT 236.33 725.40 Td (ANAL) Tj ET Q q 0 0 0 rg BT 265.11 725.40 Td (YSIS) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 711.9 m 216.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 54.5 709.9 m 216.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 711.9 m 396.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 216.5 709.9 m 396.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 711.9 m 558.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 709.9 m 558.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (35) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 694.40 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 694.40 Td (changes in the securities market; and) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 675.20 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 675.20 Td (changes in our local economy with regard to our market area and its heavy concentration of U.S. military ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 662.00 Td (bases and related personnel.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 642.80 Td (W) Tj ET Q q 0 0 0 rg BT 63.50 642.80 Td (e do not undertake and specifically disclaim any obligation to publicly update or revise any forward-looking ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 629.60 Td (statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 616.40 Td (statements.) Tj ET Q BT /F3 11.50 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (NON-GAAP) Tj ET Q q 0 0 0 rg BT 115.33 588.80 Td ( RECONCILIA) Tj ET Q q 0 0 0 rg BT 192.12 588.80 Td (TIONS) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 561.80 Td (The Company presents return on average assets, return on average tangible assets, return on average equity) Tj ET Q q 0 0 0 rg BT 524.58 561.80 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 548.60 Td (return on average tangible equity) Tj ET Q q 0 0 0 rg BT 198.67 548.60 Td (. Management excludes the balance of average goodwill and other intangible ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 535.40 Td (assets from our calculation of return on average tangible assets and return on average tangible equity) Tj ET Q q 0 0 0 rg BT 496.48 535.40 Td (. ) Tj ET Q q 0 0 0 rg BT 504.53 535.40 Td (This ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.20 Td (adjustment allows management to review the Company) Tj ET Q q 0 0 0 rg BT 301.44 522.20 Td (s core operating results and core capital position and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.00 Td (facilitates comparisons with other banks.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 470.3 m 447.5 470.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 470.3 m 548.5 470.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 440.3 m 447.5 440.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 426.3 m 447.5 426.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 424.3 m 447.5 424.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 440.3 m 548.5 440.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 426.3 m 548.5 426.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 424.3 m 548.5 424.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 380.3 m 447.5 380.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 366.3 m 447.5 366.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 364.3 m 447.5 364.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 380.3 m 548.5 380.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 366.3 m 548.5 366.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 364.3 m 548.5 364.3 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 474.98 Td (Year Ended December 31,) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 388.50 474.98 Td (2013) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 489.50 474.98 Td (2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 459.97 Td (Return on average assets \(GAAP basis\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 459.97 Td (0.93) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 459.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 459.97 Td (0.90) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 459.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 444.97 Td (Impact of excluding average goodwill and other intangibles) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 444.97 Td (0.02) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 444.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 444.97 Td (0.03) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 444.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 429.97 Td (Return on average tangible assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 429.97 Td (0.95) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 429.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 429.97 Td (0.93) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 429.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 399.97 Td (Return on average equity \(GAAP basis\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 399.97 Td (7.27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 399.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 399.97 Td (6.95) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 399.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 384.97 Td (Impact of excluding average goodwill and other intangibles) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 384.97 Td (1.91) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 384.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 384.97 Td (1.84) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 384.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 369.97 Td (Return on average tangible equity) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 369.97 Td (9.18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 369.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 369.97 Td (8.79) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 369.97 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.80 Td (The Company presents book value \(period ended shareholders) Tj ET Q q 0 0 0 rg BT 331.46 338.80 Td ( equity divided by the period ended common ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 325.60 Td (shares outstanding\) and tangible book value. In calculating tangible book value, the Company excludes goodwill ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 312.40 Td (and other intangible assets, allowing management to review its core capital position. ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 274.9 m 447.5 274.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 274.9 m 451.5 274.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 274.9 m 548.5 274.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 259.9 m 447.5 259.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 259.9 m 548.5 259.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 229.89999999999998 m 447.5 229.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 215.89999999999998 m 447.5 215.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 213.89999999999998 m 447.5 213.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 229.89999999999998 m 548.5 229.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 215.89999999999998 m 548.5 215.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 213.89999999999998 m 548.5 213.89999999999998 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 428.75 279.58 Td (Per share) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 264.58 Td (Year Ended December 31,) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 388.50 264.58 Td (2013) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 489.50 264.58 Td (2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 249.57 Td (Book value \(GAAP basis\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.00 249.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 249.57 Td (14.39) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.00 249.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 249.57 Td (13.30) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 234.57 Td (Impact of excluding average goodwill and other intangibles) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.80 234.62 Td (\(3.46) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.65 234.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 523.80 234.62 Td (\(3.78) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.65 234.57 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 219.57 Td (Tangible book value) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.00 219.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 219.57 Td (10.93) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.00 219.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 527.15 219.57 Td (9.52) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 190.20 Td (When computing the ef) Tj ET Q q 0 0 0 rg BT 157.35 190.20 Td (ficiency ratio \(noninterest expense divided by the sum of net interest income and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 177.00 Td (noninterest income, excluding securities gains or losses\), management excludes gains and losses on securities ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 163.80 Td (because of the uncertainty of the amount of gain or loss recognized.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 124.5 m 447.5 124.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 124.5 m 548.5 124.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 94.5 m 447.5 94.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 80.5 m 447.5 80.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 78.5 m 447.5 78.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 94.5 m 548.5 94.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 80.5 m 548.5 80.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 78.5 m 548.5 78.5 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 129.18 Td (Year Ended December 31,) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 388.50 129.18 Td (2013) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 489.50 129.18 Td (2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 114.17 Td (Efficiency ratio \(GAAP basis\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.15 114.17 Td (71.24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 114.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.15 114.17 Td (69.48) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 114.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 99.17 Td (Impact of excluding securities gains/\(losses\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.15 99.17 Td (0.95) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 99.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 99.17 Td (0.93) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 99.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 84.17 Td (Efficiency ratio, as reported) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.15 84.17 Td (72.19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 84.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.15 84.17 Td (70.41) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 84.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 77 0 obj <> endobj 78 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (36) Tj ET Q BT /F4 13.00 Tf ET q 0 0 0 rg BT 149.15 733.70 Td (Report of Independent Registered Public ) Tj ET Q q 0 0 0 rg BT 370.02 733.70 Td (Accounting Firm) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.10 Td (Board of Directors and Shareholders ) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 54.00 680.90 Td (T) Tj ET Q q 0 0 0 rg BT 59.71 680.90 Td (owneBank) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 667.70 Td (Suf) Tj ET Q q 0 0 0 rg BT 69.08 667.70 Td (folk, ) Tj ET Q q 0 0 0 rg BT 92.10 667.70 Td (V) Tj ET Q q 0 0 0 rg BT 99.39 667.70 Td (ir) Tj ET Q q 0 0 0 rg BT 105.91 667.70 Td (ginia) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 641.30 Td (W) Tj ET Q q 0 0 0 rg BT 99.50 641.30 Td (e have audited the accompanying consolidated balance sheets of ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 385.08 641.30 Td (T) Tj ET Q q 0 0 0 rg BT 390.19 641.30 Td (owneBank) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 436.01 641.30 Td ( and subsidiaries as of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.10 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 628.10 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 628.10 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 161.82 628.10 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 183.82 628.10 Td (, and the related consolidated statements of income, comprehensive income, equity) Tj ET Q q 0 0 0 rg BT 548.13 628.10 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 614.90 Td (and cash flows for each of the years in the three-year period ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 413.78 614.90 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 435.78 614.90 Td (. ) Tj ET Q q 0 0 0 rg BT 443.83 614.90 Td (W) Tj ET Q q 0 0 0 rg BT 453.34 614.90 Td (e also have audited ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 601.70 Td (T) Tj ET Q q 0 0 0 rg BT 59.11 601.70 Td (owneBank) Tj ET Q q 0 0 0 rg BT 107.17 601.70 Td (s) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 111.45 601.70 Td ( internal control over financial reporting as of December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 379.32 601.70 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 401.32 601.70 Td (, including controls over the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.50 Td (preparation of regulatory financial statements in accordance with the instructions for Consolidated Reports of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.30 Td (Condition and Income \(Call Report\) of the Federal Financial Institutions Examination Council, based on criteria ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.10 Td (established in ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 116.93 562.10 Td (Internal Contr) Tj ET Q q 0 0 0 rg BT 180.39 562.10 Td (olIntegrated Framework \(1992\)) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 330.70 562.10 Td ( issued by the Committee of Sponsoring ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 548.90 Td (Or) Tj ET Q q 0 0 0 rg BT 65.41 548.90 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 146.16 548.90 Td (T) Tj ET Q q 0 0 0 rg BT 152.49 548.90 Td (readway Commission \(COSO\). ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 295.79 548.90 Td (T) Tj ET Q q 0 0 0 rg BT 300.89 548.90 Td (owneBank) Tj ET Q q 0 0 0 rg BT 348.96 548.90 Td (s) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 353.24 548.90 Td ( management is responsible for these financial ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 535.70 Td (statements, for maintaining ef) Tj ET Q q 0 0 0 rg BT 185.15 535.70 Td (fective internal control over financial reporting, and for its assessment of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.50 Td (ef) Tj ET Q q 0 0 0 rg BT 62.35 522.50 Td (fectiveness of internal control over financial reporting, included in the accompanying Management) Tj ET Q q 0 0 0 rg BT 500.97 522.50 Td (s Report on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.30 Td (Internal Control. Our responsibility is to express an opinion on these consolidated financial statements and an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.10 Td (opinion on the Company) Tj ET Q q 0 0 0 rg BT 166.13 496.10 Td (s internal control over financial reporting based on our audits.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 469.70 Td (W) Tj ET Q q 0 0 0 rg BT 99.50 469.70 Td (e conducted our audits in accordance with the standards of the Public Company ) Tj ET Q q 0 0 0 rg BT 451.71 469.70 Td (Accounting Oversight ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.50 Td (Board \(United States\). ) Tj ET Q q 0 0 0 rg BT 157.97 456.50 Td (Those standards require that we plan and perform the audits to obtain reasonable ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.30 Td (assurance about whether the financial statements are free of material misstatement and whether ef) Tj ET Q q 0 0 0 rg BT 484.14 443.30 Td (fective internal ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.10 Td (control over financial reporting was maintained in all material respects. Our audits of the financial statements ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 416.90 Td (included examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 403.70 Td (assessing the accounting principles used and significant estimates made by management, and evaluating the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.50 Td (overall financial statement presentation. Our audit of internal control over financial reporting included obtaining ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.30 Td (an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.10 Td (and testing and evaluating the design and operating ef) Tj ET Q q 0 0 0 rg BT 290.84 364.10 Td (fectiveness of internal control based on the assessed risk. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 350.90 Td (Our audits also included performing such other procedures as we considered necessary in the circumstances. ) Tj ET Q q 0 0 0 rg BT 533.97 350.90 Td (W) Tj ET Q q 0 0 0 rg BT 543.47 350.90 Td (e ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 337.70 Td (believe that our audits provide a reasonable basis for our opinions.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 311.30 Td (A) Tj ET Q q 0 0 0 rg BT 97.34 311.30 Td ( company) Tj ET Q q 0 0 0 rg BT 143.46 311.30 Td (s internal control over financial reporting is a process designed to provide reasonable ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.10 Td (assurance regarding the reliability of financial reporting and the preparation of financial statements for external ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 284.90 Td (purposes in accordance with generally accepted accounting principles. Because management) Tj ET Q q 0 0 0 rg BT 467.85 284.90 Td (s assessment and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 271.70 Td (our audit were conducted to also meet the reporting requirements of Section 1) Tj ET Q q 0 0 0 rg BT 396.32 271.70 Td (12 of the Federal Deposit Insurance ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.50 Td (Corporation Improvement ) Tj ET Q q 0 0 0 rg BT 171.31 258.50 Td (Act \(FDICIA\), management) Tj ET Q q 0 0 0 rg BT 298.69 258.50 Td (s assessment and our audit of the Company) Tj ET Q q 0 0 0 rg BT 492.08 258.50 Td (s internal ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.30 Td (control over financial reporting included controls over the preparation of financial statements in accordance with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 232.10 Td (the Federal Financial Institutions Examination Council instructions for Consolidated Reports of Condition and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 218.90 Td (Income \(call report\). ) Tj ET Q q 0 0 0 rg BT 149.59 218.90 Td (A) Tj ET Q q 0 0 0 rg BT 156.93 218.90 Td ( company) Tj ET Q q 0 0 0 rg BT 203.06 218.90 Td (s internal control over financial reporting includes those policies and procedures ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 205.70 Td (that \(1\) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.50 Td (transactions and dispositions of the assets of the company; \(2\) provide reasonable assurance that transactions are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.30 Td (recorded as necessary to permit preparation of consolidated financial statements in accordance with generally ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.10 Td (accepted accounting principles and call report instructions, and that receipts and expenditures of the company are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 152.90 Td (being made only in accordance with authorizations of management and directors of the company; and \(3\) provide ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 139.70 Td (reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.50 Td (the company) Tj ET Q q 0 0 0 rg BT 113.57 126.50 Td (s assets that could have a material ef) Tj ET Q q 0 0 0 rg BT 273.72 126.50 Td (fect on the consolidated financial statements. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 100.10 Td (Because of its inherent limitations, internal control over financial reporting may not prevent or detect ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 86.90 Td (misstatements. ) Tj ET Q q 0 0 0 rg BT 123.97 86.90 Td (Also, projections of any evaluation of ef) Tj ET Q q 0 0 0 rg BT 301.25 86.90 Td (fectiveness to future periods are subject to the risk that ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 73.70 Td (controls may become inadequate because of changes in conditions, or that the degree of compliance with the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 60.50 Td (policies or procedures may deteriorate.) Tj ET Q endstream endobj 79 0 obj <> endobj 80 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (37) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 734.90 Td (In our opinion, the consolidated financial statements referred to above present fairly) Tj ET Q q 0 0 0 rg BT 458.88 734.90 Td (, in all material ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 721.70 Td (respects, the financial position of ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 202.46 721.70 Td (T) Tj ET Q q 0 0 0 rg BT 207.56 721.70 Td (owneBank ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 256.14 721.70 Td (and subsidiaries as of December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 417.73 721.70 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 439.73 721.70 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 461.11 721.70 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 483.11 721.70 Td (, and the results ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 708.50 Td (of their operations and their cash flows for each of the years in the three-year period ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 520.08 708.50 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 542.08 708.50 Td ( in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 695.30 Td (conformity with accounting principles generally accepted in the United States of ) Tj ET Q q 0 0 0 rg BT 410.47 695.30 Td (America. ) Tj ET Q q 0 0 0 rg BT 455.98 695.30 Td (Also in our opinion, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 682.10 Td (T) Tj ET Q q 0 0 0 rg BT 59.11 682.10 Td (owneBank) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 104.93 682.10 Td ( maintained, in all material respects, ef) Tj ET Q q 0 0 0 rg BT 275.16 682.10 Td (fective internal control over financial reporting as of December ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.90 Td (31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 70.50 668.90 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 92.50 668.90 Td (, based on criteria established in ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 236.37 668.90 Td (Internal Contr) Tj ET Q q 0 0 0 rg BT 299.82 668.90 Td (olIntegrated Framework \(1992\)) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 450.13 668.90 Td ( issued by the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 655.70 Td (Committee of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 181.82 655.70 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 262.57 655.70 Td (T) Tj ET Q q 0 0 0 rg BT 268.90 655.70 Td (readway Commission \(COSO\).) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 629.30 Td (W) Tj ET Q q 0 0 0 rg BT 99.50 629.30 Td (e do not express an opinion or any other form of assurance on management) Tj ET Q q 0 0 0 rg BT 433.37 629.30 Td (s statements in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 616.10 Td (accompanying Management) Tj ET Q q 0 0 0 rg BT 181.37 616.10 Td (s Report on Internal Control in the section Compliance with Designated Laws and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.90 Td (Regulations.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 576.50 Td (/s/ ) Tj ET Q q 0 0 0 rg BT 67.14 576.50 Td (Dixon ) Tj ET Q q 0 0 0 rg BT 97.39 576.50 Td (Hughes ) Tj ET Q q 0 0 0 rg BT 133.75 576.50 Td (Goodman ) Tj ET Q q 0 0 0 rg BT 179.88 576.50 Td (LLP) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 550.10 Td (Norfolk, ) Tj ET Q q 0 0 0 rg BT 94.13 550.10 Td (V) Tj ET Q q 0 0 0 rg BT 101.41 550.10 Td (ir) Tj ET Q q 0 0 0 rg BT 107.93 550.10 Td (ginia) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.90 Td (March 14, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 101.96 536.90 Td (2014) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 123.96 536.90 Td ( ) Tj ET Q endstream endobj 81 0 obj <> endobj 82 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (MANAGEMENTS REPOR) Tj ET Q q 0 0 0 rg BT 181.67 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 188.49 725.40 Td ( ON INTERNAL) Tj ET Q q 0 0 0 rg BT 264.34 725.40 Td ( CONTROL) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 62.5 711.9 m 224.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 62.5 709.9 m 224.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 224.5 711.9 m 386.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 224.5 709.9 m 386.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 711.9 m 548.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 709.9 m 548.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 21.60 Td (38) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (INTERNAL) Tj ET Q q 0 0 0 rg BT 108.58 694.40 Td ( ) Tj ET Q q 0 0 0 rg BT 111.33 694.40 Td (CONTROL) Tj ET Q q 0 0 0 rg BT 162.87 694.40 Td ( ) Tj ET Q q 0 0 0 rg BT 165.62 694.40 Td (OVER ) Tj ET Q q 0 0 0 rg BT 198.31 694.40 Td (FINANCIAL) Tj ET Q q 0 0 0 rg BT 257.18 694.40 Td ( ) Tj ET Q q 0 0 0 rg BT 259.93 694.40 Td (REPOR) Tj ET Q q 0 0 0 rg BT 294.72 694.40 Td (TING) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (Management of ) Tj ET Q q 0 0 0 rg BT 125.89 668.00 Td (T) Tj ET Q q 0 0 0 rg BT 131.84 668.00 Td (owneBank is responsible for the preparation and fair presentation of the financial statements and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (other financial information contained in this report. ) Tj ET Q q 0 0 0 rg BT 285.04 654.80 Td (The accompanying consolidated financial statements were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (prepared in conformity with accounting principles generally accepted in the United States of ) Tj ET Q q 0 0 0 rg BT 463.00 641.60 Td (America and include, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (as necessary) Tj ET Q q 0 0 0 rg BT 107.95 628.40 Td (, best estimates and judgments by management. Management also prepared other information in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (Annual Report and is responsible for its accuracy and consistency with the consolidated financial statements. Our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (management is responsible for establishing and maintaining adequate internal control over financial reporting and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (for our compliance with laws and regulations relating to safety and soundness designated by the Federal Deposit ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (Insurance Corporation \(FDIC\). Our internal control system was designed to provide reasonable assurance to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (our management and Board of Directors regarding the preparation and fair presentation of published financial ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (statements.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (All internal control systems, no matter how well designed, have inherent limitations. ) Tj ET Q q 0 0 0 rg BT 431.39 522.80 Td (Therefore, even those ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (systems determined to be ef) Tj ET Q q 0 0 0 rg BT 176.60 509.60 Td (fective can provide only reasonable assurance with respect to financial statement ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (preparation and presentation.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (W) Tj ET Q q 0 0 0 rg BT 63.50 470.00 Td (e maintain systems of controls that we believe are reasonably designed to provide our management with timely ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (and accurate information about our operations. ) Tj ET Q q 0 0 0 rg BT 265.17 456.80 Td (The system of internal controls includes, but is not limited to, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (maintaining internal audit and compliance functions; establishing formal written policies, procedures, and codes ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (of conduct; training personnel; and segregating key duties and functions, where appropriate.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (The ) Tj ET Q q 0 0 0 rg BT 73.24 404.00 Td (Audit and Risk Management Committee of the Board of Directors participates in the adequacy of the system ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (of internal controls and financial reporting. ) Tj ET Q q 0 0 0 rg BT 248.68 390.80 Td (The ) Tj ET Q q 0 0 0 rg BT 267.93 390.80 Td (Audit and Risk Management Committee consists of independent ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (directors who meet regularly with management, the internal auditor) Tj ET Q q 0 0 0 rg BT 350.76 377.60 Td (, the Chief Risk Of) Tj ET Q q 0 0 0 rg BT 433.97 377.60 Td (ficer) Tj ET Q q 0 0 0 rg BT 453.68 377.60 Td (, and the independent ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (auditors to review the scope of their work and findings.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (Our management assessed the ef) Tj ET Q q 0 0 0 rg BT 197.36 338.00 Td (fectiveness of our internal control over financial reporting as of December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 76.00 324.80 Td (, including controls over regulatory financial statements in accordance with the Federal Financial Institutions ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (Examination Council instructions for Consolidated Reports of Condition and Income \(Call Report\). In making ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (this assessment, it used the criteria set forth by the Committee of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 405.74 298.40 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 486.49 298.40 Td (T) Tj ET Q q 0 0 0 rg BT 492.82 298.40 Td (readway ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (Commission in Internal Control Integrated Framework. Based on our assessment we believe that, as of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.00 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 272.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 272.00 Td (, our internal control over financial reporting is ef) Tj ET Q q 0 0 0 rg BT 358.64 272.00 Td (fective based on those criteria.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 245.60 Td (Financial Statements) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.20 Td (Our management is responsible for the preparation, integrity) Tj ET Q q 0 0 0 rg BT 319.65 219.20 Td (, and fair presentation of our published consolidated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.00 Td (financial statements as of December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 232.68 206.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 254.68 206.00 Td (, and for the year then ended. ) Tj ET Q q 0 0 0 rg BT 388.26 206.00 Td (The financial statements have been ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.80 Td (prepared in conformity with accounting principles generally accepted in the United States of ) Tj ET Q q 0 0 0 rg BT 463.00 192.80 Td (America and, as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.60 Td (such, include amounts, some of which are based on management) Tj ET Q q 0 0 0 rg BT 342.06 179.60 Td (s judgments and estimates.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 153.20 Td (Compliance with Designated Laws and Regulations) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.80 Td (Our management is also responsible for compliance with federal and state laws and regulations concerning ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.60 Td (dividend restrictions and federal laws and regulations concerning loans to insiders designated by the FDIC as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 100.40 Td (safety and soundness laws and regulations. Management assessed our compliance with the designated laws and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 87.20 Td (regulations. Based on this assessment, our management believes that we complied, in all significant respects, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 74.00 Td (with the designated laws and regulations relating to safety and soundness for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 525.63 74.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 547.63 74.00 Td (.) 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Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (March 14, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 101.96 615.20 Td (2014) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 123.96 615.20 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (/s/ G. Robert ) Tj ET Q q 0 0 0 rg BT 112.67 575.60 Td (Aston, Jr) Tj ET Q q 0 0 0 rg BT 151.79 575.60 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 154.54 575.60 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (G. Robert ) Tj ET Q q 0 0 0 rg BT 99.53 549.20 Td (Aston, Jr) Tj ET Q q 0 0 0 rg BT 138.64 549.20 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (Chairman and Chief Executive Of) Tj ET Q q 0 0 0 rg BT 204.08 536.00 Td (ficer) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (/s/ Clyde E. McFarland, Jr) Tj ET Q q 0 0 0 rg BT 169.49 496.40 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 172.24 496.40 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (Clyde E. 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Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (Senior Executive ) Tj ET Q q 0 0 0 rg BT 132.00 456.80 Td (V) Tj ET Q q 0 0 0 rg BT 139.28 456.80 Td (ice President and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 299.45 456.80 Td (ficer) Tj ET Q endstream endobj 85 0 obj <> endobj 86 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 68.00 770.40 Td (T) Tj ET Q q 0 0 0 rg BT 76.76 770.40 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 68.00 757.80 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 130.82 757.80 Td (TED BALANCE SHEETS) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 68.00 745.20 Td (\(dollars in thousands, except per share data\)) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 68.00 732.60 Td (For the ) Tj ET Q q 0 0 0 rg BT 100.27 732.60 Td (Y) Tj ET Q q 0 0 0 rg BT 106.81 732.60 Td (ears Ended December 31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 217.30 732.60 Td (2013 ) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 239.80 732.60 Td (and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.59 732.60 Td (2012) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 61 719.1 m 230 719.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 61 717.1 m 230 717.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 719.1 m 399 719.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 717.1 m 399 717.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 719.1 m 568 719.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 717.1 m 568 717.1 l s BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 174.60 37.40 Td (See accompanying Notes to Consolidated Financial Statements.) 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BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 606.86 Td (204,348) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 606.86 Td (155,481) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 593.86 Td (Trading account securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 593.86 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 593.86 Td (12,583) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 580.86 Td (Federal Home Loan Bank stock, at amortized cost) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 580.86 Td (23,069) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 580.86 Td (23,223) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 131.00 568.00 Td (Total Securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 567.86 Td (770,938) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 567.86 Td (641,431) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 554.86 Td (Mortgage loans held for sale) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 554.86 Td (56,821) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 554.86 Td (132,551) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 541.86 Td (Loans, net of unearned income and deferred costs:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.00 541.86 Td (3,235,989) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 541.86 Td (3,133,507) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 528.86 Td ( Less: allowance for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 528.86 Td (\(38,380) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 528.86 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 517.25 528.86 Td (\(40,427) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 528.86 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 131.00 516.00 Td (Net Loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.00 515.86 Td (3,197,609) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 515.86 Td (3,093,080) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 502.86 Td (Premises and equipment, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 502.86 Td (153,436) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 502.86 Td (144,939) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 489.86 Td (Goodwill) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 489.86 Td (104,446) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 489.86 Td (102,912) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 476.86 Td (Other intangible assets, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 476.86 Td (15,615) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 476.86 Td (16,091) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 463.86 Td (Bank-owned life insurance policies) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 463.86 Td (57,372) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 463.86 Td (55,379) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 450.86 Td (Other assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 450.86 Td (111,967) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 450.86 Td (90,247) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 131.00 438.00 Td (TOTAL ASSETS) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 437.86 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.00 437.86 Td (4,672,997) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 437.86 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 437.86 Td (4,405,923) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 247.85 425.00 Td (LIABILITIES AND EQUITY) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 411.86 Td (Deposits:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 398.86 Td (Noninterest-bearing demand) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 398.86 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.00 398.86 Td (1,037,028) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 398.86 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 398.86 Td (978,818) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 385.86 Td (Interest-bearing:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 107.00 372.86 Td (Demand and money market accounts) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.00 372.86 Td (1,240,949) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 372.86 Td (1,141,189) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 107.00 359.86 Td (Savings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 359.86 Td (321,103) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 359.86 Td (317,193) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 107.00 346.86 Td (Certificates of deposit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 346.86 Td (968,024) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 346.86 Td (942,852) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 131.00 334.00 Td (Total Deposits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.00 333.86 Td (3,567,104) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 333.86 Td (3,380,052) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 320.86 Td (Advances from the Federal Home Loan Bank) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 320.86 Td (395,087) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 320.86 Td (380,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 307.86 Td (Repurchase agreements and other borrowings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 307.86 Td (47,659) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 307.86 Td (12,049) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 131.00 295.00 Td (Total Borrowings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 294.86 Td (442,746) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 294.86 Td (392,049) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 281.86 Td (Other liabilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 281.86 Td (77,829) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 281.86 Td (73,943) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 131.00 269.00 Td (TOTAL LIABILITIES) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.00 268.86 Td (4,087,679) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 268.86 Td (3,846,044) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 255.86 Td (Preferred stock) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 83.00 242.86 Td (Authorized shares - 2,000,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 83.00 229.86 Td (Issued and outstanding shares 76,458 in 2013) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 216.86 Td ( and 657,911 in 2012) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 216.86 Td (76,458) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 216.86 Td (134,304) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 203.86 Td (Common stock, $1.667 par value) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 83.00 190.86 Td (Authorized shares - 45,000,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 83.00 177.86 Td (Issued and outstanding shares 34,747,643 in 2013) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 164.86 Td ( and 31,469,709 in 2012) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 164.86 Td (57,924) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 164.86 Td (52,460) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 151.86 Td (Capital surplus) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 151.86 Td (313,743) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 151.86 Td (261,496) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 138.86 Td (Retained earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 138.86 Td (128,527) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 138.86 Td (103,834) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 125.86 Td (Accumulated other comprehensive income \(loss\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 125.86 Td (\(344) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 125.86 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 125.86 Td (816) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 131.00 113.00 Td (TOTAL SHAREHOLDERS EQUITY) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 112.86 Td (576,308) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 112.86 Td (552,910) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 99.86 Td (Noncontrolling interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 99.86 Td (9,010) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 99.86 Td (6,969) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 131.00 87.00 Td (TOTAL EQUITY) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 86.86 Td (585,318) Tj ET 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/F2 10.50 Tf ET q 0 0 0 rg BT 72.00 732.60 Td (For the ) Tj ET Q q 0 0 0 rg BT 104.27 732.60 Td (Y) Tj ET Q q 0 0 0 rg BT 110.81 732.60 Td (ears Ended December 31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 221.30 732.60 Td (2013) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 241.30 732.60 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 246.55 732.60 Td (2012) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 266.55 732.60 Td (, and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.59 732.60 Td (201) Tj ET Q q 0 0 0 rg BT 304.21 732.60 Td (1) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 719.1 m 233.5 719.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 717.1 m 233.5 717.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 719.1 m 395.5 719.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 717.1 m 395.5 717.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 719.1 m 557.5 719.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 717.1 m 557.5 717.1 l s BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 174.60 32.90 Td (See accompanying Notes to Consolidated Financial Statements.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 309.50 19.70 Td (41) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 687.5 m 420.5 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 687.5 m 484.5 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 687.5 m 548.5 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 687.5 m 420.5 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 687.5 m 484.5 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 608.5 m 420.5 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 608.5 m 484.5 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 608.5 m 548.5 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 594.5 m 420.5 594.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 594.5 m 484.5 594.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 594.5 m 548.5 594.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 524.5 m 420.5 524.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 510.5 m 420.5 510.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 524.5 m 484.5 524.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 510.5 m 484.5 510.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 524.5 m 548.5 524.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 510.5 m 548.5 510.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 510.5 m 420.5 510.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 510.5 m 484.5 510.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 510.5 m 548.5 510.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 478.5 m 420.5 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 478.5 m 484.5 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 478.5 m 548.5 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 464.5 m 420.5 464.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 478.5 m 484.5 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 464.5 m 484.5 464.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 478.5 m 548.5 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 464.5 m 548.5 464.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 352.5 m 548.5 352.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 352.5 m 420.5 352.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 338.5 m 420.5 338.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 352.5 m 484.5 352.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 338.5 m 484.5 338.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 352.5 m 548.5 352.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 338.5 m 548.5 338.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 268.5 m 548.5 268.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 268.5 m 420.5 268.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 254.5 m 420.5 254.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 268.5 m 484.5 268.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 254.5 m 484.5 254.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 268.5 m 548.5 268.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 254.5 m 548.5 254.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 222.5 m 420.5 222.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 222.5 m 484.5 222.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 222.5 m 548.5 222.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 194.5 m 420.5 194.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 194.5 m 484.5 194.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 194.5 m 548.5 194.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 194.5 m 420.5 194.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 181.5 m 420.5 181.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 179.5 m 420.5 179.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 194.5 m 484.5 194.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 181.5 m 484.5 181.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 179.5 m 484.5 179.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 194.5 m 548.5 194.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 181.5 m 548.5 181.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 179.5 m 548.5 179.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 166.5 m 420.5 166.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 166.5 m 484.5 166.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 166.5 m 548.5 166.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 153.5 m 420.5 153.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 151.5 m 420.5 151.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 153.5 m 484.5 153.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 151.5 m 484.5 151.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 153.5 m 548.5 153.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 151.5 m 548.5 151.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 381.00 691.95 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 445.00 691.95 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 509.20 691.95 Td (2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 677.95 Td (INTEREST INCOME:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 663.96 Td (Loans, including fees) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.00 663.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.40 663.96 Td (156,592) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.00 663.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.75 663.96 Td (156,979) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 663.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 663.96 Td (153,905) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 649.96 Td (Investment securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.40 649.96 Td (9,470) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 649.96 Td (11,571) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 649.96 Td (15,499) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 635.96 Td (Interest-bearing deposits in financial institutions and) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 626.96 Td ( federal funds sold) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.15 626.96 Td (759) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.50 626.96 Td (783) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 626.96 Td (802) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 612.96 Td (Mortgage loans held for sale) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.40 612.96 Td (3,469) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 612.96 Td (4,173) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 612.96 Td (2,267) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 161.00 598.95 Td (Total interest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.40 598.96 Td (170,290) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.75 598.96 Td (173,506) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 598.96 Td (172,473) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 584.95 Td (INTEREST EXPENSE:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 570.96 Td (Deposits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.90 570.96 Td (13,353) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 570.96 Td (16,749) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 570.96 Td (22,353) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 556.96 Td (Advances from the Federal Home Loan Bank) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.90 556.96 Td (13,057) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 556.96 Td (12,233) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 556.96 Td (12,817) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 542.96 Td (Convertible subordinated capital debentures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.65 542.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.50 542.96 Td (237) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 542.96 Td (1,152) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 528.96 Td (Repurchase agreements and other borrowings, net of capitalized interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 404.65 528.96 Td (\(15) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.65 528.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.50 528.96 Td (3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 533.00 528.96 Td (\(71) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 528.96 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 161.00 514.95 Td (Total interest expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.90 514.96 Td (26,395) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 514.96 Td (29,222) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 514.96 Td (36,251) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 500.95 Td (Net interest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.40 500.96 Td (143,895) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.75 500.96 Td (144,284) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 500.96 Td (136,222) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 482.95 Td (PROVISION FOR LOAN LOSSES) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.40 482.96 Td (4,248) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 482.96 Td (16,155) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 482.96 Td (13,602) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 161.00 468.95 Td (Net interest income after provision for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.40 468.96 Td (139,647) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.75 468.96 Td (128,129) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 468.96 Td (122,620) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 454.95 Td (NONINTEREST INCOME:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 440.96 Td (Residential mortgage banking income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.90 440.96 Td (28,977) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 440.96 Td (26,998) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 440.96 Td (12,642) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 426.96 Td (Real estate brokerage and property management income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.90 426.96 Td (12,316) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 426.96 Td (11,515) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 426.96 Td (11,496) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 412.96 Td (Insurance commissions and other title fees and income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.90 412.96 Td (28,322) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 412.96 Td (23,458) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 412.96 Td (22,546) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 398.96 Td (Service charges on deposit accounts) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.40 398.96 Td (8,682) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 398.96 Td (7,798) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 398.96 Td (7,211) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 384.96 Td (Credit card merchant fees, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.40 384.96 Td (3,471) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 384.96 Td (3,578) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 384.96 Td (2,828) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 370.96 Td (Other income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.40 370.96 Td (8,149) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 370.96 Td (7,837) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 370.96 Td (7,329) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 356.96 Td (Gain on investment securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.15 356.96 Td (611) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 356.96 Td (3,005) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 356.96 Td (3,681) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 161.00 342.95 Td (Total noninterest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.90 342.96 Td (90,528) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 342.96 Td (84,189) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 342.96 Td (67,733) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 328.95 Td (NONINTEREST EXPENSE:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 314.96 Td (Salaries and employee benefits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.90 314.96 Td (97,108) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 314.96 Td (89,669) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 314.96 Td (79,558) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 300.96 Td (Occupancy) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.90 300.96 Td (16,298) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 300.96 Td (14,384) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 300.96 Td (13,879) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 286.96 Td (Furniture and equipment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.40 286.96 Td (7,458) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 286.96 Td (6,467) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 286.96 Td (5,805) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 272.96 Td (Other expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.90 272.96 Td (47,928) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 272.96 Td (48,229) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 272.96 Td (45,578) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 161.00 258.95 Td (Total noninterest expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.40 258.96 Td (168,792) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.75 258.96 Td (158,749) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 258.96 Td (144,820) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 240.95 Td (Income before income tax expense & noncontrolling interest) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 389.15 241.07 Td (61,383) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 240.96 Td (53,569) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 240.96 Td (45,533) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 226.95 Td (Provision for income tax expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.90 226.96 Td (17,135) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 226.96 Td (13,964) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 226.96 Td (12,726) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 212.95 Td (Net income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.00 212.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.90 212.96 Td (44,248) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.00 212.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 212.96 Td (39,605) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 212.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 212.96 Td (32,807) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 198.95 Td (Net \(income\) loss attributable to noncontrolling interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.40 198.96 Td (\(2,486) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 416.65 198.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.75 198.96 Td (\(1,674) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 481.00 198.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 198.96 Td (514) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 184.95 Td (Net income attributable to TowneBank) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.00 184.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.90 184.96 Td (41,762) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.00 184.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 184.96 Td (37,931) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 184.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 184.96 Td (33,321) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 170.95 Td (Preferred stock dividends and accretion) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.40 170.96 Td (4,227) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 170.96 Td (6,226) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 170.96 Td (10,434) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 156.95 Td (Net income available to common shareholders) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.00 156.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.90 156.96 Td (37,535) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.00 156.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 156.96 Td (31,705) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 156.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 156.96 Td (22,887) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 142.95 Td (Per common share information) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 128.96 Td (Basic earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.00 128.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 400.90 128.96 Td (1.14) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.00 128.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.25 128.96 Td (1.03) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 128.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.25 128.96 Td (0.77) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 114.96 Td (Diluted earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.00 114.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 400.90 114.96 Td (1.14) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.00 114.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.25 114.96 Td (1.03) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 114.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.25 114.96 Td (0.76) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 100.96 Td (Cash dividends declared) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.00 100.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 400.90 100.96 Td (0.38) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.00 100.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 465.25 100.96 Td (0.33) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 100.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.25 100.96 Td (0.31) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 89 0 obj <> endobj 90 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 72.00 770.40 Td (T) Tj ET Q q 0 0 0 rg BT 80.76 770.40 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 72.00 757.80 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 134.82 757.80 Td (TED ST) Tj ET Q q 0 0 0 rg BT 171.10 757.80 Td (A) Tj ET Q q 0 0 0 rg BT 177.90 757.80 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 246.06 757.80 Td ( COMPREHENSIVE INCOME) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 72.00 745.20 Td (\(in thousands\)) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 72.00 732.60 Td (For the ) Tj ET Q q 0 0 0 rg BT 104.27 732.60 Td (Y) Tj ET Q q 0 0 0 rg BT 110.81 732.60 Td (ears Ended December 31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 221.30 732.60 Td (2013) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 241.30 732.60 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 246.55 732.60 Td (2012) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 266.55 732.60 Td (, and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.59 732.60 Td (201) Tj ET Q q 0 0 0 rg BT 304.21 732.60 Td (1) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 719.1 m 233.5 719.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 717.1 m 233.5 717.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 719.1 m 395.5 719.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 717.1 m 395.5 717.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 719.1 m 557.5 719.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 717.1 m 557.5 717.1 l s BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 174.60 32.90 Td (See accompanying Notes to Consolidated Financial Statements.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 309.50 19.70 Td (42) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 687.5 m 410.5 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 687.5 m 479.5 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 687.5 m 548.5 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 589.5 m 410.5 589.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 589.5 m 479.5 589.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 589.5 m 548.5 589.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 589.5 m 410.5 589.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 575.5 m 410.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 589.5 m 479.5 589.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 575.5 m 479.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 589.5 m 548.5 589.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 575.5 m 548.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 505.5 m 410.5 505.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 505.5 m 479.5 505.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 505.5 m 548.5 505.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 505.5 m 410.5 505.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 491.5 m 410.5 491.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 505.5 m 479.5 505.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 491.5 m 479.5 491.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 505.5 m 548.5 505.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 491.5 m 548.5 491.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 477.5 m 410.5 477.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 477.5 m 479.5 477.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 477.5 m 548.5 477.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 464.5 m 410.5 464.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 462.5 m 410.5 462.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 464.5 m 479.5 464.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 462.5 m 479.5 462.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 464.5 m 548.5 464.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 462.5 m 548.5 462.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 368.50 691.95 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.50 691.95 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.70 691.95 Td (2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 677.95 Td (Net income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 677.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 677.96 Td (44,248) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 677.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 677.96 Td (39,605) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 677.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 677.96 Td (32,807) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 663.95 Td (Other comprehensive income \(loss\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 89.00 649.95 Td (Unrealized gains \(losses\) on securities:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 107.00 635.96 Td (Unrealized holding gains \(losses\) arising during the period) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.75 635.96 Td (\(2,905) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 635.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 635.96 Td (259) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 635.96 Td (7,475) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 137.00 621.96 Td (Deferred tax benefit \(expense\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 621.96 Td (1,017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.00 621.96 Td (\(91) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 621.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.75 621.96 Td (\(2,616) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 621.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 107.00 607.96 Td (Realized gains reclassified into earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.00 607.96 Td (\(84) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 607.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 607.96 Td (\(1,881) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 607.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.75 607.96 Td (\(3,681) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 607.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 137.00 593.96 Td (Deferred tax benefit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.00 593.96 Td (29) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 593.96 Td (658) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 593.96 Td (1,288) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 107.00 579.96 Td (Net unrealized gains \(losses\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.75 579.96 Td (\(1,943) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 579.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 579.96 Td (\(1,055) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 579.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 579.96 Td (2,466) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 89.00 565.95 Td (Defined benefit retirement plan) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 107.00 551.96 Td (Actuarial gain \(loss\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 551.96 Td (962) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 551.96 Td (\(1,359) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 551.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 551.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 137.00 537.96 Td (Deferred tax benefit \(expense\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.50 537.96 Td (\(336) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 537.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 537.96 Td (476) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 537.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 107.00 523.96 Td (Amortization) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 523.96 Td (242) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 523.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 523.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 137.00 509.96 Td (Deferred tax benefit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.00 509.96 Td (\(85) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 509.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 509.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 509.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 107.00 495.96 Td (Change in defined benefit retirement plan, net of tax) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 495.96 Td (783) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 495.96 Td (\(883) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 495.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 495.96 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 481.95 Td (Other comprehensive income \(loss\), net of tax) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.75 481.96 Td (\(1,160) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 481.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 481.96 Td (\(1,938) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 481.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 481.96 Td (2,466) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 467.95 Td (Comprehensive income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 467.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 467.96 Td (43,088) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 467.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 467.96 Td (37,667) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 467.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 467.96 Td (35,273) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 91 0 obj <> endobj 92 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 72.00 770.40 Td (T) Tj ET Q q 0 0 0 rg BT 80.76 770.40 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 72.00 757.80 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 134.82 757.80 Td (TED ST) Tj ET Q q 0 0 0 rg BT 171.10 757.80 Td (A) Tj ET Q q 0 0 0 rg BT 177.90 757.80 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 246.06 757.80 Td ( EQUITY) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 72.00 745.20 Td (\(dollars in thousands, except share data\)) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 72.00 732.60 Td (For the ) Tj ET Q q 0 0 0 rg BT 104.27 732.60 Td (Y) Tj ET Q q 0 0 0 rg BT 110.81 732.60 Td (ears Ended December 31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 221.30 732.60 Td (2013) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 241.30 732.60 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 246.55 732.60 Td (2012) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 266.55 732.60 Td (, and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.59 732.60 Td (201) Tj ET Q q 0 0 0 rg BT 304.21 732.60 Td (1) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 719.1 m 233.5 719.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 717.1 m 233.5 717.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 719.1 m 395.5 719.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 717.1 m 395.5 717.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 719.1 m 557.5 719.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 717.1 m 557.5 717.1 l s BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 174.60 32.90 Td (See accompanying Notes to Consolidated Financial Statements.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 309.50 19.70 Td (43) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 670.5 m 239.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 670.5 m 280.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 670.5 m 320.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 670.5 m 356.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 670.5 m 400.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 670.5 m 462.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 670.5 m 521.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 670.5 m 239.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 654.5 m 239.5 654.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 652.5 m 239.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 670.5 m 280.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 654.5 m 280.5 654.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 652.5 m 280.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 670.5 m 320.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 654.5 m 320.5 654.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 652.5 m 320.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 670.5 m 356.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 654.5 m 356.5 654.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 652.5 m 356.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 670.5 m 400.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 654.5 m 400.5 654.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 652.5 m 400.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 670.5 m 462.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 654.5 m 462.5 654.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 652.5 m 462.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 670.5 m 521.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 654.5 m 521.5 654.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 652.5 m 521.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 670.5 m 557.5 670.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 654.5 m 557.5 654.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 652.5 m 557.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 652.5 m 239.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 654.5 m 239.5 654.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 652.5 m 280.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 654.5 m 280.5 654.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 652.5 m 320.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 654.5 m 320.5 654.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 652.5 m 356.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 654.5 m 356.5 654.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 652.5 m 400.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 654.5 m 400.5 654.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 652.5 m 462.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 654.5 m 462.5 654.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 652.5 m 521.5 652.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 654.5 m 521.5 654.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 614.5 m 521.5 614.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 434.5 m 239.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 434.5 m 280.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 434.5 m 320.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 434.5 m 356.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 434.5 m 400.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 434.5 m 462.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 434.5 m 521.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 434.5 m 557.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 418.5 m 239.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 416.5 m 239.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 434.5 m 280.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 418.5 m 280.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 416.5 m 280.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 434.5 m 320.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 418.5 m 320.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 416.5 m 320.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 434.5 m 356.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 418.5 m 356.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 416.5 m 356.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 434.5 m 400.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 418.5 m 400.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 416.5 m 400.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 434.5 m 462.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 418.5 m 462.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 416.5 m 462.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 434.5 m 521.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 418.5 m 521.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 416.5 m 521.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 434.5 m 557.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 418.5 m 557.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 416.5 m 557.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 416.5 m 239.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 418.5 m 239.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 416.5 m 280.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 418.5 m 280.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 416.5 m 320.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 418.5 m 320.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 416.5 m 356.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 418.5 m 356.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 416.5 m 400.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 418.5 m 400.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 416.5 m 462.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 418.5 m 462.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 416.5 m 521.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 418.5 m 521.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 416.5 m 557.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 418.5 m 557.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 258.5 m 239.5 258.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 258.5 m 280.5 258.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 258.5 m 320.5 258.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 258.5 m 356.5 258.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 258.5 m 400.5 258.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 258.5 m 462.5 258.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 258.5 m 521.5 258.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 258.5 m 557.5 258.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 242.5 m 239.5 242.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 240.5 m 239.5 240.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 242.5 m 280.5 242.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 240.5 m 280.5 240.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 242.5 m 320.5 242.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 240.5 m 320.5 240.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 242.5 m 356.5 242.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 240.5 m 356.5 240.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 242.5 m 400.5 242.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 240.5 m 400.5 240.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 242.5 m 462.5 242.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 240.5 m 462.5 240.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 258.5 m 521.5 258.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 242.5 m 521.5 242.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 240.5 m 521.5 240.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 242.5 m 557.5 242.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 240.5 m 557.5 240.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 240.5 m 239.5 240.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 242.5 m 239.5 242.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 240.5 m 280.5 240.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 242.5 m 280.5 242.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 240.5 m 320.5 240.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 242.5 m 320.5 242.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 240.5 m 356.5 240.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 242.5 m 356.5 242.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 240.5 m 400.5 240.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 242.5 m 400.5 242.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 240.5 m 462.5 240.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 242.5 m 462.5 242.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 240.5 m 521.5 240.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 242.5 m 521.5 242.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 65.5 m 239.5 65.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 65.5 m 280.5 65.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 65.5 m 320.5 65.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 65.5 m 356.5 65.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 65.5 m 400.5 65.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 65.5 m 462.5 65.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 65.5 m 521.5 65.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 65.5 m 557.5 65.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 48.5 m 239.5 48.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 201.5 46.5 m 239.5 46.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 48.5 m 280.5 48.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 46.5 m 280.5 46.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 48.5 m 320.5 48.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 46.5 m 320.5 46.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 48.5 m 356.5 48.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 46.5 m 356.5 46.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 48.5 m 400.5 48.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 46.5 m 400.5 46.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 48.5 m 462.5 48.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 46.5 m 462.5 46.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 48.5 m 521.5 48.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 46.5 m 521.5 46.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 48.5 m 557.5 48.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 46.5 m 557.5 46.5 l s BT /F3 7.50 Tf ET q 0 0 0 rg BT 205.20 682.12 Td (Common) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 209.20 674.62 Td (Shares) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 246.00 682.12 Td (Preferred) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 252.50 674.62 Td (Stock) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 287.20 682.12 Td (Common) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 293.00 674.62 Td (Stock) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 328.10 682.12 Td (Capital) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 327.45 674.62 Td (Surplus) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 365.60 682.12 Td (Retained) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 365.40 674.62 Td (Earnings) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 411.75 693.92 Td (Accumulated) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 423.45 686.42 Td (Other) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 408.05 678.92 Td (Comprehensive) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 410.35 671.47 Td (Income \(Loss\)) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 469.35 682.12 Td (Noncontrolling) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 481.05 674.62 Td (Interest) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 532.80 674.62 Td (Total) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 56.00 657.62 Td (Balance, December 31, 2010) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 205.10 657.56 Td (28,893,660) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 246.00 657.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 254.85 657.56 Td (132,293) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 287.00 657.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 298.35 657.56 Td (48,166) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 327.00 657.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 330.85 657.56 Td (230,584) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 363.00 657.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 378.40 657.56 Td (81,000) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 407.00 657.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 449.15 657.56 Td (288) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 469.00 657.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 502.90 657.56 Td (7,181) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 528.00 657.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 531.85 657.56 Td (499,512) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 645.15 Td (Net loss attributable to noncontrolling interest) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 69.50 637.65 Td (related to prior years) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 637.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 637.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 637.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 637.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 637.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 637.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 505.80 637.60 Td (\(948) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 518.65 637.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 547.65 637.55 Td () Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 625.80 Td (Net income attributable to noncontrolling) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 69.50 618.30 Td (interest in current year) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 618.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 618.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 618.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 618.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 618.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 618.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 508.15 618.55 Td (434) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 547.65 618.55 Td () Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 62.00 606.65 Td (Net Income) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 606.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 606.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 606.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 606.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 378.40 606.55 Td (33,321) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 606.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 505.80 606.60 Td (\(514) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 518.65 606.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 535.35 606.55 Td (32,807) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 78.50 594.15 Td (Unrealized gain on securities, net of) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 87.50 586.65 Td (tax expense) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 586.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 586.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 586.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 586.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 586.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 443.90 586.55 Td (2,466) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 586.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 538.85 586.55 Td (2,466) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 574.65 Td (Cash dividends declared on common stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 574.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 574.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 574.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 574.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 379.55 574.60 Td (\(9,434) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 397.65 574.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 574.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 574.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 536.55 574.60 Td (\(9,434) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 554.65 574.55 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 562.65 Td (Cash dividends declared on preferred stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 562.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 562.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 562.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 562.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 379.55 562.60 Td (\(7,953) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 397.65 562.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 562.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 562.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 536.55 562.60 Td (\(7,953) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 554.65 562.55 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 550.65 Td (Directors deferred compensation) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 215.05 550.55 Td (\(65,219) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 236.65 550.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 550.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 304.80 550.60 Td (\(108) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 317.65 550.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 343.15 550.55 Td (109) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 550.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 550.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 550.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 551.15 550.55 Td (1) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 538.65 Td (Distribution of interests in joint ventures) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 538.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 538.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 538.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 538.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 538.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 538.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 505.80 538.60 Td (\(372) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 518.65 538.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 541.80 538.60 Td (\(372) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 554.65 538.55 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 526.65 Td (Issuance of common stock - acquisitions) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 213.85 526.55 Td (146,440) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 526.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 307.15 526.55 Td (244) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 337.85 526.55 Td (1,701) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 526.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 526.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 526.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 538.85 526.55 Td (1,945) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 514.15 Td (Conversion of preferred stock into common) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 69.50 506.65 Td (stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 217.40 506.55 Td (14,243) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 264.80 506.55 Td (\(267) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 277.65 506.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 506.55 Td (24) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 343.15 506.55 Td (240) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 506.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 506.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 506.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 548.80 506.60 Td (\(3) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 554.65 506.55 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 494.65 Td (Accretion of preferred stock discount) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 494.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 261.90 494.55 Td (2,481) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 494.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 494.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 379.55 494.60 Td (\(2,481) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 397.65 494.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 494.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 494.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 547.65 494.55 Td () Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 482.65 Td (Redemption of preferred stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 482.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 256.05 482.55 Td (\(76,458) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 277.65 482.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 482.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 482.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 482.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 482.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 482.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 533.05 482.60 Td (\(76,458) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 554.65 482.55 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 470.65 Td (Issuance of preferred stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 470.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 258.35 470.55 Td (76,458) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 470.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 470.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 470.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 470.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 470.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 535.35 470.55 Td (76,458) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 458.15 Td (Issuance of common stock - stock) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 69.50 450.65 Td (compensation plans) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 213.85 450.55 Td (145,710) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 450.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 307.15 450.55 Td (241) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 337.85 450.55 Td (1,127) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 450.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 450.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 450.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 538.85 450.55 Td (1,368) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 438.65 Td (Issuance of common stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 217.40 438.55 Td (10,392) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 438.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 438.55 Td (18) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 343.15 438.55 Td (134) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 438.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 438.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 438.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 544.15 438.55 Td (152) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 56.00 421.62 Td (Balance, December 31, 2011) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 205.10 421.56 Td (29,145,226) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 246.00 421.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 254.85 421.56 Td (134,507) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 287.00 421.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 298.35 421.56 Td (48,585) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 327.00 421.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 330.85 421.56 Td (233,895) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 363.00 421.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 378.40 421.56 Td (94,453) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 407.00 421.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 443.90 421.56 Td (2,754) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 469.00 421.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 502.90 421.56 Td (6,295) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 528.00 421.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 531.85 421.56 Td (520,489) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 409.65 Td (Net income) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 409.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 409.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 409.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 409.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 378.40 409.55 Td (37,931) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 409.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 502.90 409.55 Td (1,674) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 535.35 409.55 Td (39,605) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 397.65 Td (Other comprehensive loss, net of taxes) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 397.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 397.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 397.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 397.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 397.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 441.55 397.60 Td (\(1,938) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 459.65 397.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 397.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 536.55 397.60 Td (\(1,938) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 554.65 397.55 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 62.00 385.65 Td (Cash dividends declared on common stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 385.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 385.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 385.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 385.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 376.05 385.60 Td (\(10,419) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 397.65 385.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 385.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 385.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 533.05 385.60 Td (\(10,419) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 554.65 385.55 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 78.50 373.15 Td (Cash dividends declared on preferred) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 87.50 365.65 Td (stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 365.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 365.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 365.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 365.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 379.55 365.60 Td (\(6,226) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 397.65 365.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 365.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 365.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 536.55 365.60 Td (\(6,226) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 554.65 365.55 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 353.65 Td (Stock dividend on common stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 213.85 353.55 Td (919,923) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 353.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 301.90 353.55 Td (1,536) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 334.35 353.55 Td (10,351) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 376.05 353.60 Td (\(11,905) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 397.65 353.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 353.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 353.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 545.30 353.60 Td (\(18) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 554.65 353.55 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 341.65 Td (Directors deferred compensation) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 215.05 341.55 Td (\(76,497) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 236.65 341.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 341.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 304.80 341.60 Td (\(127) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 317.65 341.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 343.15 341.55 Td (127) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 341.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 341.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 341.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 547.65 341.55 Td () Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 329.65 Td (Distribution of interests in joint ventures, net) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 329.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 329.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 329.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 329.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 329.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 329.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 500.55 329.60 Td (\(1,000) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 518.65 329.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 536.55 329.60 Td (\(1,000) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 554.65 329.55 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 317.65 Td (Issuance of common stock - acquisitions) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 213.85 317.55 Td (100,000) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 317.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 307.15 317.55 Td (167) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 337.85 317.55 Td (1,382) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 317.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 317.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 317.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 538.85 317.55 Td (1,549) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 305.80 Td (Conversion of preferred stock into common) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 69.50 298.35 Td (stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 217.40 300.55 Td (11,037) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 264.80 300.55 Td (\(203) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 277.65 300.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 300.55 Td (27) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 343.15 300.55 Td (185) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 300.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 300.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 300.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 551.15 300.55 Td (9) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 288.80 Td (Conversion of convertible debt into common) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 69.50 281.30 Td (stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 208.60 282.55 Td (1,028,058) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 282.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 301.90 282.55 Td (1,718) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 334.35 282.55 Td (12,042) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 282.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 282.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 282.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 535.35 282.55 Td (13,760) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 270.15 Td (Issuance of common stock - stock) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 262.65 Td (compensation plans) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 213.85 262.55 Td (341,962) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 262.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 307.15 262.55 Td (554) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 337.85 262.55 Td (3,514) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 262.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 262.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 262.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 538.85 262.55 Td (4,068) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 56.00 245.62 Td (Balance, December 31, 2012) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 205.10 245.56 Td (31,469,709) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 246.00 245.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 254.85 245.56 Td (134,304) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 287.00 245.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 298.35 245.56 Td (52,460) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 327.00 245.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 330.85 245.56 Td (261,496) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 363.00 245.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 374.85 245.56 Td (103,834) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 407.00 245.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 449.15 245.56 Td (816) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 469.00 245.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 502.90 245.56 Td (6,969) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 528.00 245.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 531.85 245.56 Td (559,879) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 233.65 Td (Net income) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 233.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 233.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 233.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 233.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 378.40 233.55 Td (41,762) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 233.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 502.90 233.55 Td (2,486) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 535.35 233.55 Td (44,248) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 221.65 Td (Other comprehensive loss, net of taxes) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 221.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 221.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 221.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 221.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 221.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 441.55 221.60 Td (\(1,160) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 459.65 221.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 221.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 536.55 221.60 Td (\(1,160) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 554.65 221.55 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 209.65 Td (Cash dividends declared on common stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 209.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 209.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 209.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 209.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 376.05 209.60 Td (\(12,842) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 397.65 209.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 209.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 209.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 533.05 209.60 Td (\(12,842) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 554.65 209.55 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 197.65 Td (Cash dividends declared on preferred stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 197.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 197.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 197.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 197.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 379.55 197.60 Td (\(4,227) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 397.65 197.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 197.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 197.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 536.55 197.60 Td (\(4,227) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 554.65 197.55 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 185.65 Td (Directors deferred compensation) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 215.05 185.55 Td (\(62,376) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 236.65 185.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 185.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 304.80 185.60 Td (\(103) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 317.65 185.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 343.15 185.55 Td (103) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 185.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 185.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 185.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 547.65 185.55 Td () Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 173.65 Td (Stock warrant repurchase) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 173.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 173.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 173.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 335.55 173.60 Td (\(1,500) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 353.65 173.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 173.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 173.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 173.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 536.55 173.60 Td (\(1,500) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 554.65 173.55 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 161.65 Td (Distribution of interests in joint ventures, net) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 229.65 161.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 161.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 161.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 161.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 161.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 505.80 161.60 Td (\(445) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 518.65 161.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 541.80 161.60 Td (\(445) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 554.65 161.55 Td (\)) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 149.65 Td (Issuance of common stock - acquisitions) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 217.40 149.55 Td (10,180) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 149.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 310.65 149.55 Td (17) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 343.15 149.55 Td (135) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 149.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 149.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 149.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 544.15 149.55 Td (152) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 137.15 Td (Conversion of preferred stock into common) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 69.50 129.65 Td (stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 208.60 129.55 Td (3,226,744) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 256.05 129.55 Td (\(57,846) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 277.65 129.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 301.90 129.55 Td (5,378) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 334.35 129.55 Td (52,469) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 129.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 129.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 129.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 551.15 129.55 Td (1) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 117.15 Td (Conversion of convertible debt into common) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 69.50 109.65 Td (stock) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 220.90 109.55 Td (1,530) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 109.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 314.15 109.55 Td (3) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 346.65 109.55 Td (11) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 109.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 109.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 109.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 547.65 109.55 Td (14) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 97.15 Td (Issuance of common stock - stock) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 69.50 89.65 Td (compensation plans) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 213.85 89.55 Td (117,934) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 89.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 307.15 89.55 Td (196) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 337.85 89.55 Td (1,274) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 89.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 89.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 89.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 538.85 89.55 Td (1,470) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 56.00 77.15 Td (Common stock - cancellation of shares issued) Tj ET Q BT /F2 7.50 Tf ET q 0 0 0 rg BT 69.50 69.65 Td (as contingent consideration) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 215.05 69.55 Td (\(16,078) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 236.65 69.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 270.65 69.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 308.30 69.60 Td (\(27) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 317.65 69.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 340.80 69.60 Td (\(245) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 353.65 69.55 Td (\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 390.65 69.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 452.65 69.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 511.65 69.55 Td () Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 541.80 69.60 Td (\(272) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 554.65 69.55 Td (\)) Tj ET Q BT /F3 7.50 Tf ET q 0 0 0 rg BT 56.00 51.62 Td (Balance, December 31, 2013) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 205.10 51.56 Td (34,747,643) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 246.00 51.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 258.35 51.56 Td (76,458) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 287.00 51.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 298.35 51.56 Td (57,924) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 327.00 51.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 330.85 51.56 Td (313,743) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 363.00 51.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 374.85 51.56 Td (128,527) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 407.00 51.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 446.80 51.61 Td (\(344) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 459.65 51.56 Td (\)) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 469.00 51.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 502.90 51.56 Td (9,010) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 528.00 51.56 Td ($) Tj ET Q BT /F3 7.00 Tf ET q 0 0 0 rg BT 531.85 51.56 Td (585,318) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 93 0 obj <> endobj 94 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 72.00 770.40 Td (T) Tj ET Q q 0 0 0 rg BT 80.76 770.40 Td (OWNEBANK) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 72.00 757.80 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 134.82 757.80 Td (TED ST) Tj ET Q q 0 0 0 rg BT 171.10 757.80 Td (A) Tj ET Q q 0 0 0 rg BT 177.90 757.80 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 246.06 757.80 Td ( CASH FLOWS) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 72.00 745.20 Td (\(in thousands\)) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 72.00 732.60 Td (For the ) Tj ET Q q 0 0 0 rg BT 104.27 732.60 Td (Y) Tj ET Q q 0 0 0 rg BT 110.81 732.60 Td (ears Ended December 31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 221.30 732.60 Td (2013) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 241.30 732.60 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 246.55 732.60 Td (2012) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 266.55 732.60 Td (, and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.59 732.60 Td (201) Tj ET Q q 0 0 0 rg BT 304.21 732.60 Td (1) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 719.1 m 233.5 719.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 71.5 717.1 m 233.5 717.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 719.1 m 395.5 719.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 717.1 m 395.5 717.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 719.1 m 557.5 719.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 717.1 m 557.5 717.1 l s BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 174.60 32.90 Td (See accompanying Notes to Consolidated Financial Statements.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 309.50 19.70 Td (44) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 703 m 419 703 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 703 m 488 703 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 703 m 557 703 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 475 m 419 475 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 475 m 488 475 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 475 m 557 475 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 463 m 419 463 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 463 m 488 463 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 463 m 557 463 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 319 m 419 319 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 319 m 488 319 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 319 m 557 319 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 307 m 419 307 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 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s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 148 m 419 148 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 163 m 488 163 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 150 m 488 150 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423 148 m 488 148 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 163 m 557 163 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 150 m 557 150 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 148 m 557 148 l s BT /F3 8.00 Tf ET q 0 0 0 rg BT 56.50 707.08 Td (OPERATING ACTIVITIES:) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 378.00 707.08 Td (2013) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 447.00 707.08 Td (2012) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 516.20 707.08 Td (2011) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 68.50 694.95 Td (Net income) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.50 694.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.80 694.95 Td (44,248) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.50 694.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.80 694.95 Td (39,605) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 494.50 694.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 531.80 694.95 Td (32,807) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 68.50 682.95 Td (Adjustments to reconcile net income to net cash from operating activities:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 670.95 Td (Net amortization of securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.80 670.95 Td (3,959) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.80 670.95 Td (2,448) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.80 670.95 Td (3,612) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 658.95 Td (Investment securities gains) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.10 658.95 Td (\(611) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 658.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.10 658.95 Td (\(3,005) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 658.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.10 658.95 Td (\(3,681) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 658.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 646.95 Td (Depreciation, amortization, and other intangible amortization) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.80 646.95 Td (12,502) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.80 646.95 Td (11,576) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 531.80 646.95 Td (10,987) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 634.95 Td (Provision for loan losses) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.80 634.95 Td (4,248) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.80 634.95 Td (16,155) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 531.80 634.95 Td (13,602) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 622.95 Td (Bank-owned life insurance income) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.10 622.95 Td (\(1,993) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 622.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.10 622.95 Td (\(2,064) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 622.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.10 622.95 Td (\(2,576) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 622.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 610.95 Td (Deferred income tax expense \(benefit\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.10 610.95 Td (\(2,641) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 610.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.80 610.95 Td (1,404) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.10 610.95 Td (\(936) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 610.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 598.95 Td (Share-based compensation expense) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.80 598.95 Td (1,695) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.80 598.95 Td (1,542) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.80 598.95 Td (1,350) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 586.95 Td (Purchases of trading account securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.10 586.95 Td (\(483) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 586.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.10 586.95 Td (\(560) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 586.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 545.80 586.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 574.95 Td (Loss on sale and write-down of foreclosed assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.80 574.95 Td (693) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.80 574.95 Td (2,308) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.80 574.95 Td (3,902) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 562.95 Td (Originations of mortgage loans held for sale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.10 562.95 Td (\(1,362,746) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 562.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.10 562.95 Td (\(1,226,287) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 562.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.10 562.95 Td (\(721,642) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 562.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 550.95 Td (Proceeds from sales of mortgage loans held for sale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.80 550.95 Td (1,481,347) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.80 550.95 Td (1,242,103) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.80 550.95 Td (696,996) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 538.95 Td (Gain on sales of mortgage loans held for sale) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.10 538.95 Td (\(42,871) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 538.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.10 538.95 Td (\(38,914) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 538.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.10 538.95 Td (\(19,779) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 538.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 526.95 Td (Changes in:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 92.50 514.95 Td (Interest receivable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.80 514.95 Td (106) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.80 514.95 Td (193) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 541.80 514.95 Td (814) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 92.50 502.95 Td (Other assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.10 502.95 Td (\(21,648) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 502.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.10 502.95 Td (\(14,895) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 502.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.10 502.95 Td (\(16,192) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 502.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 92.50 490.95 Td (Interest payable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.10 490.95 Td (\(71) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 490.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.10 490.95 Td (\(753) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 490.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.10 490.95 Td (\(1,358) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 490.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 92.50 478.95 Td (Other liabilities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.10 478.95 Td (\(193) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 478.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.80 478.95 Td (9,480) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.80 478.95 Td (7,716) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 104.50 466.95 Td (Net cash from operating activities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.80 466.95 Td (115,541) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.80 466.95 Td (40,336) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.80 466.95 Td (5,622) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 56.50 455.08 Td (INVESTING ACTIVITIES:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 442.95 Td (Purchase of available-for-sale securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.10 442.95 Td (\(839,055) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 442.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.10 442.95 Td (\(688,988) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 442.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.10 442.95 Td (\(226,579) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 442.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 430.95 Td (Purchase of held-to-maturity securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.10 430.95 Td (\(62,342) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 430.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.10 430.95 Td (\(21,879) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 430.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.10 430.95 Td (\(365,247) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 430.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 418.95 Td (Sale of available-for-sale securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.80 418.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.80 418.95 Td (44,939) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.80 418.95 Td (231,750) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 406.95 Td (Proceeds from maturities, calls, and prepayments of available-for-sale securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.80 406.95 Td (739,107) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.80 406.95 Td (518,527) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 531.80 406.95 Td (94,067) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 394.95 Td (Proceeds from maturities, calls, and prepayments of held-to-maturity securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.80 394.95 Td (13,337) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.80 394.95 Td (20,758) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.80 394.95 Td (360,691) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 382.95 Td (Net increase in loans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.10 382.95 Td (\(108,777) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 382.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.10 382.95 Td (\(355,782) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 382.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.10 382.95 Td (\(74,309) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 382.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 370.95 Td (Purchases of premises and equipment) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.10 370.95 Td (\(19,170) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 370.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.10 370.95 Td (\(20,609) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 370.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.10 370.95 Td (\(27,303) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 370.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 358.95 Td (Proceeds from sales of premises and equipment) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.80 358.95 Td (317) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.80 358.95 Td (416) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 541.80 358.95 Td (281) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 346.95 Td (Distribution of interest in joint ventures, net) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.10 346.95 Td (\(445) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 346.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.10 346.95 Td (\(1,000) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 346.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 539.10 346.95 Td (\(372) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 346.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 334.95 Td (Proceeds from sales of foreclosed assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.80 334.95 Td (15,591) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.80 334.95 Td (9,401) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.80 334.95 Td (4,631) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 322.95 Td (Acquisition of business, net of cash acquired) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.10 322.95 Td (\(1,351) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 322.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.10 322.95 Td (\(3,239) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 322.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.10 322.95 Td (\(5,468) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 322.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 116.50 310.95 Td (Net cash used for investing activities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.10 310.95 Td (\(262,788) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 310.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.10 310.95 Td (\(497,456) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 310.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 533.10 310.95 Td (\(7,858) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 310.95 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 56.50 299.08 Td (FINANCING ACTIVITIES:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 286.95 Td (Net increase in deposit accounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.80 286.95 Td (187,052) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.80 286.95 Td (189,265) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.80 286.95 Td (236,274) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 274.95 Td (Net change in borrowings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.80 274.95 Td (51,228) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.80 274.95 Td (100,279) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.10 274.95 Td (\(53,043) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 274.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 262.95 Td (Proceeds from share-based compensation activity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.10 262.95 Td (\(224) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 262.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.80 262.95 Td (2,526) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 545.80 262.95 Td (18) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 250.95 Td (Proceeds \(payments\) from issuance of common stock) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.10 250.95 Td (\(273) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 250.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.10 250.95 Td (\(9) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 250.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 549.80 250.95 Td (3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 238.95 Td (Repurchase of warrants) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.10 238.95 Td (\(1,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 238.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.80 238.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 545.80 238.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 226.95 Td (Proceeds from issuance of preferred stock) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.80 226.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.80 226.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 531.80 226.95 Td (76,458) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 214.95 Td (Redemption of preferred stock) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.80 214.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.80 214.95 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.10 214.95 Td (\(76,458) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 214.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 202.95 Td (Cash dividends paid) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.10 202.95 Td (\(13,536) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 202.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.10 202.95 Td (\(19,792) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 202.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.10 202.95 Td (\(17,348) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 553.80 202.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 116.50 190.95 Td (Net cash from financing activities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.80 190.95 Td (222,747) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.80 190.95 Td (272,269) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.80 190.95 Td (165,904) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 56.50 178.95 Td (Change in cash and cash equivalents) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.80 178.95 Td (75,500) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.10 178.95 Td (\(184,851) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 178.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.80 178.95 Td (163,668) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 56.50 166.95 Td (Cash and cash equivalents at beginning of year) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.80 166.95 Td (129,293) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.80 166.95 Td (314,144) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.80 166.95 Td (150,476) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 68.50 153.25 Td (Cash and cash equivalents at end of year) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.50 153.25 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.80 153.25 Td (204,793) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.50 153.25 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.80 153.25 Td (129,293) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 494.50 153.25 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.80 153.25 Td (314,144) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 56.50 140.95 Td (Supplemental cash flow information:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 68.50 128.95 Td (Cash paid for interest) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.50 128.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.80 128.95 Td (26,467) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.50 128.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.80 128.95 Td (29,974) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 494.50 128.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 531.80 128.95 Td (37,609) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 68.50 116.95 Td (Cash paid for income taxes) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.50 116.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.80 116.95 Td (20,373) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.50 116.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.80 116.95 Td (11,399) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 494.50 116.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 531.80 116.95 Td (13,066) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 56.50 104.95 Td (Noncash financing and investing activities:) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 92.95 Td (Net unrealized gain \(loss\) on available-for-sale securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.50 92.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.10 92.95 Td (\(1,943) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 92.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.50 92.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.10 92.95 Td (\(1,055) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.80 92.95 Td (\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 494.50 92.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.80 92.95 Td (2,466) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 80.95 Td (Sales of foreclosed assets financed by the Company) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.50 80.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.80 80.95 Td (8,237) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.50 80.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.80 80.95 Td (9,554) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.80 80.95 Td (3,739) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 68.95 Td (Common stock issued in connection with business acquisition) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.50 68.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.80 68.95 Td (152) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.50 68.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.80 68.95 Td (1,549) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 535.80 68.95 Td (1,945) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.50 56.95 Td (Common stock issued in conversion of convertible subordinated capital debentures) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.50 56.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.80 56.95 Td (14) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.50 56.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.80 56.95 Td (13,760) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 494.50 56.95 Td ($) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 541.80 56.95 Td (146) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 95 0 obj <> endobj 96 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (45) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 681.90 Td (NOTE 1: SUMMAR) Tj ET Q q 0 0 0 rg BT 152.91 681.90 Td (Y) Tj ET Q q 0 0 0 rg BT 160.45 681.90 Td ( OF) Tj ET Q q 0 0 0 rg BT 178.07 681.90 Td ( SIGNIFICANT) Tj ET Q q 0 0 0 rg BT 253.97 681.90 Td ( ) Tj ET Q q 0 0 0 rg BT 256.11 681.90 Td (ACCOUNTING POLICIES) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 654.90 Td (Business: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 103.52 654.90 Td (T) Tj ET Q q 0 0 0 rg BT 109.47 654.90 Td (owneBank \(the Company\) was or) Tj ET Q q 0 0 0 rg BT 266.89 654.90 Td (ganized and incorporated under the laws of the Commonwealth of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.70 Td (V) Tj ET Q q 0 0 0 rg BT 61.28 641.70 Td (ir) Tj ET Q q 0 0 0 rg BT 67.80 641.70 Td (ginia on September 1, 1998, and commenced operations on ) Tj ET Q q 0 0 0 rg BT 330.83 641.70 Td (April 8, 1999. ) Tj ET Q q 0 0 0 rg BT 397.85 641.70 Td (The Company) Tj ET Q q 0 0 0 rg BT 459.76 641.70 Td (, through its banking ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.50 Td (and non-banking subsidiaries, provides a diverse range of financial services and products throughout the greater ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.30 Td (Hampton Roads region and northeastern North Carolina.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 588.90 Td (Basis of pr) Tj ET Q q 0 0 0 rg BT 103.92 588.90 Td (esentation: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 160.75 588.90 Td (The consolidated financial statements include the accounts of the Company and all other ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.70 Td (entities in which the Company has a controlling financial interest. ) Tj ET Q q 0 0 0 rg BT 348.89 575.70 Td (The accompanying consolidated financial ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.50 Td (statements are prepared in conformity with accounting principles generally accepted in the United States of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.30 Td (America \(GAAP\) and prevailing practices of the banking industry) Tj ET Q q 0 0 0 rg BT 353.85 549.30 Td (. ) Tj ET Q q 0 0 0 rg BT 361.50 549.30 Td (All significant intercompany balances and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.10 Td (transactions have been eliminated in consolidation. ) Tj ET Q q 0 0 0 rg BT 284.12 536.10 Td (The following is a summary of the significant accounting and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.90 Td (reporting policies used in preparing the consolidated financial statements.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 496.50 Td (Reclassifications and corr) Tj ET Q q 0 0 0 rg BT 174.79 496.50 Td (ections:) Tj ET Q BT /F4 11.00 Tf ET q 0 0 0 rg BT 210.83 496.50 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 216.33 496.50 Td (During the second quarter of 201) Tj ET Q q 0 0 0 rg BT 361.63 496.50 Td (1, the Company discovered certain ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.30 Td (overstatements in income attributable to noncontrolling interests as reported in prior periods, which resulted in a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.10 Td (corresponding understatement of net income attributable to ) Tj ET Q q 0 0 0 rg BT 316.80 470.10 Td (T) Tj ET Q q 0 0 0 rg BT 322.75 470.10 Td (owneBank for those periods. ) Tj ET Q q 0 0 0 rg BT 454.53 470.10 Td (The overstatement of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.90 Td (income attributable to noncontrolling interests was $251,000 and $697,000 before taxes, for the years ended ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.70 Td (December 31, 2009 and 2010, respectively) Tj ET Q q 0 0 0 rg BT 241.75 443.70 Td (. ) Tj ET Q q 0 0 0 rg BT 249.80 443.70 Td (The Company recorded the correction to the prior period ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.50 Td (overstatements in the year ended December 31, 201) Tj ET Q q 0 0 0 rg BT 281.45 430.50 Td (1. ) Tj ET Q q 0 0 0 rg BT 295.00 430.50 Td (The correction of the overstatement of net income ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.30 Td (attributable to noncontrolling interests has no ef) Tj ET Q q 0 0 0 rg BT 264.58 417.30 Td (fect on net income or total equity for any previously reported ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.10 Td (period.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.70 Td (T) Tj ET Q q 0 0 0 rg BT 59.95 377.70 Td (o maintain consistency and comparability) Tj ET Q q 0 0 0 rg BT 242.52 377.70 Td (, certain amounts from prior periods have been reclassified to conform ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.50 Td (to current period presentation with no ef) Tj ET Q q 0 0 0 rg BT 230.97 364.50 Td (fect on net income or shareholders) Tj ET Q q 0 0 0 rg BT 385.62 364.50 Td ( equity as previously reported. On ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.30 Td (April 25, 2012, ) Tj ET Q q 0 0 0 rg BT 123.77 351.30 Td (T) Tj ET Q q 0 0 0 rg BT 129.72 351.30 Td (owneBank) Tj ET Q q 0 0 0 rg BT 179.82 351.30 Td (s Board of Directors declared a special shareholder stock dividend of 3% per ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.10 Td (common share payable on June 12, 2012, to shareholders of record on May 25, 2012. ) Tj ET Q q 0 0 0 rg BT 434.03 338.10 Td (All share and per share ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.90 Td (amounts included in the accompanying consolidated financial statements and footnotes have been restated for all ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.70 Td (af) Tj ET Q q 0 0 0 rg BT 62.35 311.70 Td (fected prior periods to reflect the stock dividend.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 285.30 Td (Use of estimates: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 138.30 285.30 Td (The preparation of consolidated financial statements in conformity with GAAP) Tj ET Q q 0 0 0 rg BT 486.44 285.30 Td ( requires ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.10 Td (management to make estimates and assumptions that af) Tj ET Q q 0 0 0 rg BT 297.87 272.10 Td (fect the reported amounts of assets and liabilities and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.90 Td (disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.70 Td (revenues and expenses during the reporting periods. ) Tj ET Q q 0 0 0 rg BT 287.69 245.70 Td (Actual results could dif) Tj ET Q q 0 0 0 rg BT 390.43 245.70 Td (fer from those estimates and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 232.50 Td (assumptions. Material estimates that are particularly susceptible to significant change in the near term relate to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.30 Td (the determination of the allowance for loan losses, valuation of other real estate owned \(OREO\), deferred ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.10 Td (income taxes, fair value estimates, and goodwill and other intangibles.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 179.70 Td (Cash and cash equivalents:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 181.45 179.70 Td ( For purposes of reporting cash flows, the Company considers cash and due from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.50 Td (banks, interest-bearing deposits in financial institutions, and federal funds sold as cash and cash equivalents. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 153.30 Td (Generally) Tj ET Q q 0 0 0 rg BT 96.65 153.30 Td (, federal funds and securities purchased under agreements to resell are purchased and sold for one-day ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 140.10 Td (periods. ) Tj ET Q q 0 0 0 rg BT 94.43 140.10 Td (The Company is required to maintain average reserve balances in cash with the Federal Reserve Bank of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.90 Td (Richmond; required reserves were $9.82million and $13.04million at December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 431.27 126.90 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 453.27 126.90 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 474.65 126.90 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 496.65 126.90 Td (, respectively) Tj ET Q q 0 0 0 rg BT 554.58 126.90 Td (.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 100.50 Td (Investment securities: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 159.70 100.50 Td ( Investment securities are classified in three categories and accounted for as follows:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 74.10 Td (a\) ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 74.10 Td (Debt securities that the Company has the positive intent and ability to hold to maturity are classified ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 60.90 Td (as held-to-maturity securities and reported at amortized cost. ) Tj ET Q endstream endobj 97 0 obj <> endobj 98 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (46) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 694.40 Td (b\) ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 694.40 Td (Debt and equity securities that are bought and held principally for the purpose of selling them in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 681.20 Td (near term are classified as trading securities and reported at fair value, with unrealized gains and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 668.00 Td (losses included in earnings.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 641.60 Td (c\) ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 641.60 Td (Debt and equity securities not classified as either held-to-maturity or trading securities are classified as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 628.40 Td (available-for) Tj ET Q q 0 0 0 rg BT 145.97 628.40 Td (-sale securities and reported at fair value, with unrealized holding gains and losses excluded ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 615.20 Td (from earnings and reported as other comprehensive income, a separate component of shareholders) Tj ET Q q 0 0 0 rg BT 525.04 615.20 Td ( equity) Tj ET Q q 0 0 0 rg BT 554.57 615.20 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 602.00 Td (until realized.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (Gains and losses on sales of securities are computed based on specific identification of the adjusted cost of each ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (security and included in noninterest income. ) Tj ET Q q 0 0 0 rg BT 253.78 562.40 Td (Amortization of premiums and accretion of discounts are computed ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (by the ef) Tj ET Q q 0 0 0 rg BT 92.29 549.20 Td (fective yield method and included in interest income. Other) Tj ET Q q 0 0 0 rg BT 356.59 549.20 Td (-than-temporary declines in the fair value of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (individual held-to-maturity and available-for) Tj ET Q q 0 0 0 rg BT 250.80 536.00 Td (-sale securities below their cost, if any) Tj ET Q q 0 0 0 rg BT 419.00 536.00 Td (, are included in earnings as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (realized losses.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (The Company evaluates its investment securities portfolio on a quarterly basis for indicators of other) Tj ET Q q 0 0 0 rg BT 497.33 496.40 Td (-than-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (temporary impairment \(OTTI\). Management assesses whether OTTI has occurred when the fair value of a debt ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (security is less than the amortized cost basis at the balance sheet date. Management reviews the amount of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (unrealized loss, the length of time the security has been in an unrealized loss position, the credit rating history) Tj ET Q q 0 0 0 rg BT 536.54 456.80 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (market trends of similar security classes, time remaining to maturity) Tj ET Q q 0 0 0 rg BT 353.26 443.60 Td (, and the source of both interest and principal ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (payments to identify securities which could potentially be impaired. OTTI is considered to have occurred \(1\)if ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (management intends to sell the security; \(2\)if it is more likely than not management will be required to sell the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (security before recovery of its amortized cost basis; or \(3\)the present value of expected cash flows is not ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (suf) Tj ET Q q 0 0 0 rg BT 67.25 390.80 Td (ficient to recover all contractually required principal and interest payments. For securities that management ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (does not expect to sell, or it is not more likely than not to be required to sell, the OTTI is separated into credit and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (noncredit components. ) Tj ET Q q 0 0 0 rg BT 159.09 364.40 Td (A) Tj ET Q q 0 0 0 rg BT 166.43 364.40 Td ( discounted cash flow analysis, which includes evaluating the timing of expected cash ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (flows, is completed for all debt securities subject to credit impairment. ) Tj ET Q q 0 0 0 rg BT 369.66 351.20 Td (The measurement of the credit loss ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (component is equal to the dif) Tj ET Q q 0 0 0 rg BT 181.80 338.00 Td (ference between the debt security) Tj ET Q q 0 0 0 rg BT 332.06 338.00 Td (s cost basis and the present value of its expected ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (future cash flows discounted at the security) Tj ET Q q 0 0 0 rg BT 247.67 324.80 Td (s ef) Tj ET Q q 0 0 0 rg BT 263.04 324.80 Td (fective yield. ) Tj ET Q q 0 0 0 rg BT 325.76 324.80 Td (The credit-related OTTI, represented by the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (expected loss in principal, is recognized in noninterest income. ) Tj ET Q q 0 0 0 rg BT 336.05 311.60 Td (The remaining dif) Tj ET Q q 0 0 0 rg BT 415.27 311.60 Td (ference between the security) Tj ET Q q 0 0 0 rg BT 543.84 311.60 Td (s ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (fair value and the present value of future expected cash flows is due to factors that are not credit-related and, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (therefore, are recognized in other comprehensive income \(OCI\). Management believes that it will fully collect ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.00 Td (the carrying value of securities on which noncredit-related impairment has been recognized in OCI. Noncredit-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (related OTTI results from other factors, including increased liquidity spreads and extension of the security) Tj ET Q q 0 0 0 rg BT 520.95 258.80 Td (. For ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.60 Td (securities which management does expect to sell, or if it is more likely than not the Company will be required to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 232.40 Td (sell the security before recovery of its amortized cost basis, any OTTI is recognized in earnings. Once an OTTI is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.20 Td (recorded, when future cash flows can be reasonably estimated, future cash flows are re-allocated between interest ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.00 Td (and principal cash flows to provide for a level-yield on the security) Tj ET Q q 0 0 0 rg BT 348.66 206.00 Td (.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 179.60 Td (Loans:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 86.40 179.60 Td ( Loans that management has the intent and ability to hold for the foreseeable future, or until maturity or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.40 Td (pay-of) Tj ET Q q 0 0 0 rg BT 82.51 166.40 Td (f, generally are stated at the amount of outstanding principal less unamortized fees and costs on originated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 153.20 Td (loans, unearned income, and participation interests sold to other lending institutions. Interest on loans is accrued ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 140.00 Td (and credited to income based upon the principal amount outstanding. Fees collected and costs incurred in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.80 Td (connection with loans originated are deferred and recognized as interest income over the term of the loan as an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.60 Td (adjustment of yield. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 87.20 Td (Allowance for) Tj ET Q q 0 0 0 rg BT 119.48 87.20 Td ( loan losses: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 177.85 87.20 Td ( ) Tj ET Q q 0 0 0 rg BT 180.40 87.20 Td (The allowance for loan losses is established through a provision for loan losses ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 74.00 Td (char) Tj ET Q q 0 0 0 rg BT 72.73 74.00 Td (ged against earnings. ) Tj ET Q q 0 0 0 rg BT 170.58 74.00 Td (The level of the allowance for loan losses is based on management) Tj ET Q q 0 0 0 rg BT 467.18 74.00 Td (s evaluation of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 60.80 Td (risk inherent in the loan portfolio at the balance sheet date, and changes in the nature and volume of loan activity) Tj ET Q q 0 0 0 rg BT 549.64 60.80 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 47.60 Td (This evaluation includes a review of loans for which collection may not be reasonably assured. It considers ) Tj ET Q endstream endobj 99 0 obj <> endobj 100 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (47) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (internal risk grades, the estimated fair value of the underlying collateral, current and anticipated economic ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (conditions, historical loan loss experience, and other current factors that warrant consideration in determining an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (adequate allowance.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (The allowance for loan losses consists of three elements: \(i\) specific valuation allowances determined in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (accordance with ) Tj ET Q q 0 0 0 rg BT 127.91 628.40 Td (Accounting Standards Codification ) Tj ET Q q 0 0 0 rg BT 285.65 628.40 Td (T) Tj ET Q q 0 0 0 rg BT 291.60 628.40 Td (opic \(ASC\)310, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 376.53 628.40 Td (Receivables) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 429.05 628.40 Td (, based on probable losses on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (specific loans; \(ii\)historical valuation allowances determined in accordance with ) Tj ET Q q 0 0 0 rg BT 412.59 615.20 Td (ASC450, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 458.74 615.20 Td (Contingencies) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 521.67 615.20 Td (, based ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (on historical loan loss experience for similar loans with similar characteristics and trends, adjusted, as necessary) Tj ET Q q 0 0 0 rg BT 546.60 602.00 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (to reflect the impact of current conditions; and \(iii\)general valuation allowances determined in accordance with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (ASC450 based on general economic conditions and other qualitative risk factors both internal and external to the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (Company) Tj ET Q q 0 0 0 rg BT 96.06 562.40 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (It is our policy to assign internal risk grades to all loans as a component of the approval process. Based on the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (size of the loan, senior credit of) Tj ET Q q 0 0 0 rg BT 192.78 522.80 Td (ficers, regional credit administrators, and the chief credit of) Tj ET Q q 0 0 0 rg BT 454.03 522.80 Td (ficer review the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (classification to ensure accuracy and consistency of classifications, which are then validated by the internal loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (review process. Loan classifications are internally reviewed to determine if any changes in the circumstances of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (the loan require a dif) Tj ET Q q 0 0 0 rg BT 145.43 483.20 Td (ferent risk grade. ) Tj ET Q q 0 0 0 rg BT 225.55 483.20 Td (T) Tj ET Q q 0 0 0 rg BT 231.50 483.20 Td (o determine the most appropriate risk grade classification for each loan, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (the credit of) Tj ET Q q 0 0 0 rg BT 106.94 470.00 Td (ficers examine the borrower) Tj ET Q q 0 0 0 rg BT 231.04 470.00 Td () Tj ET Q q 0 0 0 rg BT 234.10 470.00 Td (s liquidity level, asset quality) Tj ET Q q 0 0 0 rg BT 362.01 470.00 Td (, the amount of the borrower) Tj ET Q q 0 0 0 rg BT 488.26 470.00 Td () Tj ET Q q 0 0 0 rg BT 491.32 470.00 Td (s other ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (indebtedness, cash flow) Tj ET Q q 0 0 0 rg BT 158.06 456.80 Td (, earnings, sources of financing, and existing lending relationships. ) Tj ET Q q 0 0 0 rg BT 457.25 456.80 Td (The allowances ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (established for probable losses on specific loans are based on a regular analysis and evaluation of classified loans.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (Historical valuation allowances are calculated based on the historical loss experience of specific types of loans. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (W) Tj ET Q q 0 0 0 rg BT 63.50 404.00 Td (e calculate historical loss ratios for pools of similar loans with similar characteristics based on the proportion of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (actual char) Tj ET Q q 0 0 0 rg BT 101.74 390.80 Td (ge-of) Tj ET Q q 0 0 0 rg BT 124.75 390.80 Td (fs experienced to the total population of loans in the pool. ) Tj ET Q q 0 0 0 rg BT 383.90 390.80 Td (The historical loss ratios are updated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (quarterly based on actual char) Tj ET Q q 0 0 0 rg BT 185.74 377.60 Td (ge-of) Tj ET Q q 0 0 0 rg BT 208.75 377.60 Td (f experience. ) Tj ET Q q 0 0 0 rg BT 270.43 377.60 Td (An historical valuation allowance is established for each pool of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (similar loans based upon the product of the historical loss ratio and the total dollar amount of the loans in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (pool. Our pools of similar loans include groups of construction and land development loans, commercial real ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (estate loans, commercial and industrial business loans, 1-4 family residential real estate loans, multifamily real ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (estate loans, and consumer and other loans.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (During the third quarter of 2012, management updated the look-back period for calculating historical losses for all ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (classes of loans from eight quarters to 12 quarters. In light of the current economic environment, management ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.00 Td (determined that the extension of the look-back period was appropriate due to the risks inherent in the loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (portfolio. ) Tj ET Q q 0 0 0 rg BT 100.14 258.80 Td (Absent the extension of the look-back periods, early cycle losses during 2010 would be excluded from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.60 Td (the determination of the historical loss rates. Management believes this period remains a relevant indicator of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 232.40 Td (current credit cycle and in the determination of the risks in the loan portfolio. ) Tj ET Q q 0 0 0 rg BT 398.97 232.40 Td (The Company will continue to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.20 Td (evaluate the appropriateness of the look-back period utilized in order to capture the inherent risks in the loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.00 Td (portfolio. ) Tj ET Q q 0 0 0 rg BT 100.55 206.00 Td (This refinement of the historical loss calculation period did not have a material impact on the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.80 Td (Company) Tj ET Q q 0 0 0 rg BT 99.83 192.80 Td (s allowance for loan losses or provision expense.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.40 Td (General valuation allowances are based on general economic conditions and other qualitative risk factors both ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 153.20 Td (internal and external to the Company) Tj ET Q q 0 0 0 rg BT 216.71 153.20 Td (. In general, such valuation allowances are determined by evaluating, among ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 140.00 Td (other things: \(i\)the experience, ability) Tj ET Q q 0 0 0 rg BT 224.65 140.00 Td (, and ef) Tj ET Q q 0 0 0 rg BT 257.12 140.00 Td (fectiveness of the Company) Tj ET Q q 0 0 0 rg BT 382.67 140.00 Td (s lending management and staf) Tj ET Q q 0 0 0 rg BT 518.71 140.00 Td (f; \(ii\)the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.80 Td (ef) Tj ET Q q 0 0 0 rg BT 62.35 126.80 Td (fectiveness of the Company) Tj ET Q q 0 0 0 rg BT 187.90 126.80 Td (s loan policies, procedures, and internal controls; \(iii\)changes in asset quality; ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.60 Td (\(iv\)changes in loan portfolio volume; \(v\)the composition and concentrations of credit; \(vi\)the ef) Tj ET Q q 0 0 0 rg BT 484.20 113.60 Td (fectiveness of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 100.40 Td (the internal loan review function; \(vii\)the impact of national economic trends on portfolio risks; and \(viii\)the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 87.20 Td (impact of local economic trends on portfolio risk. Management evaluates the degree of risk that each one of these ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 74.00 Td (components has on the quality of the loan portfolio on a quarterly basis to determine an appropriate general ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 60.80 Td (valuation allowance. Management considers the current level of allowance for loan losses adequate to absorb ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 47.60 Td (losses inherent in the loan portfolio. Management) Tj ET Q q 0 0 0 rg BT 278.23 47.60 Td (s determination of the adequacy of the allowance for loan ) Tj ET Q endstream endobj 101 0 obj <> endobj 102 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (48) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (losses, which is based on the factors and risk identification procedures previously discussed, requires the use of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (judgments and estimations that may change in the future. Changes in the factors used by management to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (determine the adequacy of the allowance or the availability of new information could cause the allowance for loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (losses to be adjusted in future periods. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (Loans acquir) Tj ET Q q 0 0 0 rg BT 115.84 628.40 Td (ed:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 130.51 628.40 Td ( Loans acquired through the completion of a transfer) Tj ET Q q 0 0 0 rg BT 364.35 628.40 Td (, including loans acquired in a business ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (combination, that have evidence of deterioration of credit quality since origination and for which it is probable, at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (acquisition, that the Company will be unable to collect all contractually required payments receivable, are initially ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (recorded at fair value \(as determined by the present value of expected future cash flows\) with no valuation ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (allowance. Loans are evaluated individually to determine if there is evidence of deterioration of credit quality ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (since origination. Loans where there is evidence of deterioration of credit quality since origination may be ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (aggregated and accounted for as a pool of loans, if the loans being aggregated have common risk characteristics. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (The dif) Tj ET Q q 0 0 0 rg BT 85.87 536.00 Td (ference between the undiscounted cash flows expected at acquisition and the investment in the loan, or the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (accretable yield, is recognized as interest income on a level-yield method over the life of the loan. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (Contractually required payments for interest and principal that exceed the undiscounted cash flows expected at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (acquisition, or the nonaccretable dif) Tj ET Q q 0 0 0 rg BT 216.59 496.40 Td (ference, are not recognized as a yield adjustment or as a loss accrual or a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (valuation allowance. Significant increases in expected cash flows subsequent to the initial investment are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (recognized prospectively through adjustment of the yield on the loan over its remaining life. Decreases in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (expected cash flows are recognized immediately as impairment. If the Company does not have the information ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (necessary to reasonably estimate expected cash flows, it may use the cost recovery method or cash basis method ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (of income recognition. ) Tj ET Q q 0 0 0 rg BT 159.19 430.40 Td (V) Tj ET Q q 0 0 0 rg BT 165.91 430.40 Td (aluation allowances on these impaired loans reflect only losses incurred after the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (acquisition \(meaning the present value of all cash flows expected at acquisition that ultimately are not to be ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (received\).) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (For purchased loans that are not deemed impaired at acquisition, credit discounts representing the principal losses ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (expected over the life of the loan are a component of the initial fair value. Loans may be aggregated and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (accounted for as a pool of loans if the loans being aggregated have common risk characteristics. Subsequent to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (the purchase date, the methods utilized to estimate the required allowance for credit losses for these loans is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (similar to originated loans; however) Tj ET Q q 0 0 0 rg BT 212.41 324.80 Td (, the Company records a provision for loan losses only when the required ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (allowance exceeds any remaining credit discounts. ) Tj ET Q q 0 0 0 rg BT 282.27 311.60 Td (The dif) Tj ET Q q 0 0 0 rg BT 314.14 311.60 Td (ference between the initial fair value at acquisition and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (the undiscounted expected cash flows is recorded in interest income over the life of the loans using a method that ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (approximates the ef) Tj ET Q q 0 0 0 rg BT 140.54 285.20 Td (fective interest method.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (Mortgage loans held for) Tj ET Q q 0 0 0 rg BT 166.54 258.80 Td ( sale:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 190.67 258.80 Td ( Loans originated and intended for sale in the secondary market are carried at the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.60 Td (lower of cost or estimated fair value. Net unrealized losses, if any) Tj ET Q q 0 0 0 rg BT 344.68 245.60 Td (, are recognized through a valuation allowance ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 232.40 Td (by char) Tj ET Q q 0 0 0 rg BT 86.48 232.40 Td (ges to income.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 206.00 Td (Pr) Tj ET Q q 0 0 0 rg BT 65.40 206.00 Td (emises and equipment: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 175.71 206.00 Td ( Premises and equipment are stated at cost, less accumulated depreciation. Leasehold ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.80 Td (improvements are amortized over the lives of the respective leases or the estimated useful life of the leasehold ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.60 Td (improvement, whichever is less.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 153.20 Td (For financial reporting purposes, depreciation is computed by the straight-line method over the estimated useful ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 140.00 Td (lives of the assets. For income tax purposes, the modified accelerated cost recovery system is used. Costs of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.80 Td (maintenance and repairs are char) Tj ET Q q 0 0 0 rg BT 198.55 126.80 Td (ged to expense as incurred. Costs of replacing structural parts of major units are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.60 Td (considered individually and are expensed or capitalized as the facts dictate.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 87.20 Td (Fixed assets may be retired and disposed of by sale, trade, abandonment, or through a casualty loss such as a fire ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 74.00 Td (or storm. ) Tj ET Q q 0 0 0 rg BT 98.61 74.00 Td (At retirement, the cost of the asset and its related accumulated depreciation are removed from the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 60.80 Td (accounts. ) Tj ET Q q 0 0 0 rg BT 100.54 60.80 Td (The type of disposal will determine the specific treatment of the asset.) Tj ET Q endstream endobj 103 0 obj <> endobj 104 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (49) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 694.60 Td (Goodwill and other) Tj ET Q q 0 0 0 rg BT 144.87 694.60 Td ( intangibles:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 202.63 694.60 Td ( Goodwill is not subject to amortization, but is subject to an annual assessment ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.40 Td (for impairment by applying a fair) Tj ET Q q 0 0 0 rg BT 200.71 681.40 Td (-value-based test as required by the Financial ) Tj ET Q q 0 0 0 rg BT 402.00 681.40 Td (Accounting Standards Board \(the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.20 Td (F) Tj ET Q q 0 0 0 rg BT 64.18 668.20 Td (ASB\) ) Tj ET Q q 0 0 0 rg BT 96.27 668.20 Td (ASC 350, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 142.42 668.20 Td (Goodwill and Other Intangible ) Tj ET Q q 0 0 0 rg BT 281.55 668.20 Td (Assets) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 309.05 668.20 Td (. ) Tj ET Q q 0 0 0 rg BT 316.69 668.20 Td (Additionally) Tj ET Q q 0 0 0 rg BT 371.58 668.20 Td (, under ) Tj ET Q q 0 0 0 rg BT 404.27 668.20 Td (ASC350, acquired intangible ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 655.00 Td (assets are separately recognized if the benefit of the assets can be sold, transferred, licensed, rented, or exchanged, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.80 Td (and amortized over their useful life. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.40 Td (Goodwill is tested for impairment at the reporting unit level on an annual basis as of ) Tj ET Q q 0 0 0 rg BT 426.69 615.40 Td (August 31, or more often if ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.20 Td (events or circumstances indicate there may be impairment. ) Tj ET Q q 0 0 0 rg BT 317.70 602.20 Td (T) Tj ET Q q 0 0 0 rg BT 323.65 602.20 Td (esting is conducted in two steps: identifying the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 589.00 Td (potential impairment and then, if necessary) Tj ET Q q 0 0 0 rg BT 243.28 589.00 Td (, identifying the amount of impairment. ) Tj ET Q q 0 0 0 rg BT 422.40 589.00 Td (The first step \(step 1\) ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.80 Td (compares the fair value of the reporting unit to its carrying amount. If the fair value is less than the carrying ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.60 Td (amount, a second test is conducted by comparing the implied fair value of goodwill with the carrying amount of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.40 Td (that goodwill. If the carrying amount exceeds the implied fair value, an impairment loss is recognized in an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.20 Td (amount equal to that excess. For our annual impairment testing conducted during ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 416.30 536.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 438.30 536.20 Td (, we identified five ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 523.00 Td (reporting units with goodwill: Prudential ) Tj ET Q q 0 0 0 rg BT 238.95 523.00 Td (T) Tj ET Q q 0 0 0 rg BT 244.90 523.00 Td (owne Realty) Tj ET Q q 0 0 0 rg BT 299.48 523.00 Td (, property and casualty insurance division, benefits ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.80 Td (insurance division, Corolla Classic ) Tj ET Q q 0 0 0 rg BT 209.92 509.80 Td (V) Tj ET Q q 0 0 0 rg BT 216.64 509.80 Td (acations, LLC, and Banking. For purposes of performing step 1 of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.60 Td (goodwill impairment test, the Company primarily uses the income approach to value its reporting units. ) Tj ET Q q 0 0 0 rg BT 515.10 496.60 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.40 Td (income approach consists of discounting projected long-term future cash flows, which are derived from internal ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.20 Td (forecasts and economic expectations for the respective reporting units. ) Tj ET Q q 0 0 0 rg BT 369.33 470.20 Td (The significant inputs to the income ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 457.00 Td (approach include expected future cash flows, the long-term tar) Tj ET Q q 0 0 0 rg BT 328.99 457.00 Td (get tangible equity to tangible assets ratio, and the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.80 Td (discount rate. Discount rates are unique to each reporting unit and are based upon the cost of capital specific to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.60 Td (the industry in which the reporting unit operates. Management evaluated the sensitivity of the significant ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.40 Td (assumptions in its impairment analysis, including consideration of the ef) Tj ET Q q 0 0 0 rg BT 372.75 417.40 Td (fect of changes in estimated future cash ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.20 Td (flows or the discount rate for each reporting unit. Based on our analysis, we determined there is no goodwill ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 391.00 Td (impairment since the fair value for all reporting units was in excess of the respective reporting unit) Tj ET Q q 0 0 0 rg BT 491.42 391.00 Td (s carrying ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.80 Td (value as of ) Tj ET Q q 0 0 0 rg BT 103.79 377.80 Td (August 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 154.82 377.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 176.82 377.80 Td (. ) Tj ET Q q 0 0 0 rg BT 184.87 377.80 Td (The fair value of each of the Company) Tj ET Q q 0 0 0 rg BT 358.05 377.80 Td (s reporting units exceeded its respective ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.60 Td (carrying value by at least the 6.1% mar) Tj ET Q q 0 0 0 rg BT 226.07 364.60 Td (gin as calculated for our property and casualty insurance division.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.20 Td (The second step \(step 2\) of impairment testing is necessary only if the reporting unit does not pass step 1. Step 2 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 325.00 Td (compares the implied fair value of the reporting unit goodwill with the carrying amount of the goodwill for the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.80 Td (reporting unit. ) Tj ET Q q 0 0 0 rg BT 122.23 311.80 Td (The implied fair value of goodwill is determined in the same manner as goodwill that is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.60 Td (recognized in a business combination. Significant judgment and estimates are involved in estimating the fair ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.40 Td (value of the assets and liabilities of the reporting unit. Since none of the reporting units failed step 1, step 2 was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.20 Td (not applicable during ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 150.22 272.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 172.22 272.20 Td ( testing. ) Tj ET Q q 0 0 0 rg BT 212.36 272.20 Td (The Company monitored events and circumstances during the fourth quarter ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 259.00 Td (of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 65.91 259.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 87.91 259.00 Td (, and it determined that there were no triggering events requiring an updated impairment test as of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.80 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 245.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 245.80 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.40 Td (Significant judgment is applied when goodwill is assessed for impairment. ) Tj ET Q q 0 0 0 rg BT 387.42 219.40 Td (This judgment includes developing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.20 Td (cash flow projections, selecting appropriate discount rates, identifying relevant market comparables, incorporating ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 193.00 Td (general economic and market conditions, and selecting an appropriate control premium. Selection and weighting ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.80 Td (of the various fair value techniques may result in a higher or lower fair value. Judgment is applied in determining ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.60 Td (the weightings most representative of fair value. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 140.20 Td (Intangible assets are amortized or tested for impairment based on whether they have finite or indefinite lives. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 127.00 Td (Intangibles that have finite lives are amortized on a straight-line basis over their useful life and tested for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.80 Td (impairment whenever events or circumstances indicate the carrying amount of the assets may not be recoverable. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 100.60 Td (Intangibles with indefinite lives are tested annually for impairment. Note 7 provides additional information ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 87.40 Td (related to goodwill and other intangibles.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 61.00 Td (Other) Tj ET Q q 0 0 0 rg BT 81.90 61.00 Td ( Real Estate Owned: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 183.64 61.00 Td (OREO, which is included in other assets on the balance sheet, consists primarily of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 47.80 Td (commercial and residential real estate that has been obtained in partial or full satisfaction of loan obligations. ) Tj ET Q endstream endobj 105 0 obj <> endobj 106 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (50) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (OREO is carried at the fair value of the property) Tj ET Q q 0 0 0 rg BT 266.17 694.40 Td (, less estimated selling costs, with any dif) Tj ET Q q 0 0 0 rg BT 448.37 694.40 Td (ference between the fair ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (value of the property) Tj ET Q q 0 0 0 rg BT 145.22 681.20 Td (, less estimated selling costs, and the carrying value of the loan recorded through a char) Tj ET Q q 0 0 0 rg BT 529.59 681.20 Td (ge to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (the allowance for loan losses. Subsequent write-downs required for declines in value are recorded through a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (valuation allowance, or taken directly to the asset, char) Tj ET Q q 0 0 0 rg BT 295.70 654.80 Td (ged to other noninterest expense. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (T) Tj ET Q q 0 0 0 rg BT 60.52 628.40 Td (ransfers of financial assets:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 187.92 628.40 Td ( ) Tj ET Q q 0 0 0 rg BT 193.22 628.40 Td (T) Tj ET Q q 0 0 0 rg BT 199.56 628.40 Td (ransfers of financial assets are accounted for as sales when control over the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (assets has been surrendered. Control over transferred assets is deemed to be surrendered when \(i\) the asset has ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (been isolated from the Company) Tj ET Q q 0 0 0 rg BT 196.86 602.00 Td (, \(ii\) the transferee obtains the right \(free of conditions that constrain it from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (taking advantage of that right\) to pledge or exchange the transferred asset, and \(iii\) an agreement to repurchase the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (transferred asset before its maturity does not exist.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (Cr) Tj ET Q q 0 0 0 rg BT 66.63 549.20 Td (edit-r) Tj ET Q q 0 0 0 rg BT 92.69 549.20 Td (elated financial instruments: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 229.88 549.20 Td ( In the ordinary course of business, the Company has entered into ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (commitments to extend credit, including commitments under credit card arrangements, commercial letters of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (credit, and standby letters of credit. Such financial instruments are recorded when they are funded. ) Tj ET Q q 0 0 0 rg BT 495.47 522.80 Td (They are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (considered in calculating the provision for loan losses.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (Rate lock commitments:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 168.24 483.20 Td ( ) Tj ET Q q 0 0 0 rg BT 173.54 483.20 Td (The Company enters into commitments to originate loans whereby the interest rate on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (the loan is determined prior to funding \(rate lock commitments\). ) Tj ET Q q 0 0 0 rg BT 342.78 470.00 Td (The commitments are generally for periods of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (60 days and are at market rates. In order to mitigate risk from interest rate fluctuations, the Company enters into ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (forward loan sale commitments on a best ef) Tj ET Q q 0 0 0 rg BT 250.82 443.60 Td (forts basis while the loan is in the pipeline.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (Rate lock commitments on mortgage loans that are intended to be sold are considered to be derivatives. Loans in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (the pipeline that have an interest rate lock with the customer are termed rate lock commitments, whereby) Tj ET Q q 0 0 0 rg BT 514.81 404.00 Td (, the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (interest rate on the loan is determined prior to funding. Under these interest rate lock commitments, expected ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (income less direct origination costs is recorded upon the locking of the interest rate with the borrower) Tj ET Q q 0 0 0 rg BT 500.60 377.60 Td (. ) Tj ET Q q 0 0 0 rg BT 508.65 377.60 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (commitments are generally for periods of 60 days and are at market rates. Changes in the rate lock commitments ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (subjected to recurring fair value adjustments are af) Tj ET Q q 0 0 0 rg BT 277.07 351.20 Td (fected by the changes in the balances of locked mortgage loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (commitments, changes in the fall out rates and changes in the prevailing secondary market prices for like-kind ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (mortgage loans. ) Tj ET Q q 0 0 0 rg BT 129.56 324.80 Td (The fall out rate measures the likelihood that an interest rate lock commitment will ultimately ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (not become a closed loan held for sale. ) Tj ET Q q 0 0 0 rg BT 230.35 311.60 Td (The income statement impact associated with these instruments is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (recorded in net residential mortgage banking income and amounted to a reduction in income of $661,000 and an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (increase in income of $1.24million for the years ended December 31, 2013 and 2012, respectively) Tj ET Q q 0 0 0 rg BT 487.65 285.20 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (Loans are sold service-released on a non-recourse basis, except for normal representations and warranties, which ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.60 Td (is consistent with industry practices.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 219.20 Td (Revenue r) Tj ET Q q 0 0 0 rg BT 101.76 219.20 Td (ecognition:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 153.70 219.20 Td ( Revenue earned on interest-earning assets is recognized based on the ef) Tj ET Q q 0 0 0 rg BT 473.60 219.20 Td (fective yield of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.00 Td (financial instrument.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.60 Td (Service char) Tj ET Q q 0 0 0 rg BT 108.46 179.60 Td (ges on deposit accounts are recognized as char) Tj ET Q q 0 0 0 rg BT 313.20 179.60 Td (ged. Credit-related fees, including letter of credit fees, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.40 Td (are recognized in noninterest income when earned.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 140.00 Td (Insurance commission income is recorded as of the ef) Tj ET Q q 0 0 0 rg BT 290.22 140.00 Td (fective date of insurance coverage or the billing date, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.80 Td (whichever is later) Tj ET Q q 0 0 0 rg BT 131.58 126.80 Td (. Contingent commissions are recognized when determinable, which is generally when such ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.60 Td (commissions are received or when the Company receives data from the insurance companies that allows the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 100.40 Td (reasonable estimation of these amounts. ) Tj ET Q q 0 0 0 rg BT 234.95 100.40 Td (The income ef) Tj ET Q q 0 0 0 rg BT 298.27 100.40 Td (fects of subsequent premium and fee adjustments are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 87.20 Td (recorded when the adjustments become known.) Tj ET Q endstream endobj 107 0 obj <> endobj 108 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (51) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (Real estate commissions are earned by the Company) Tj ET Q q 0 0 0 rg BT 288.90 694.40 Td (s real estate brokerage business upon the closing of a real ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (estate transaction \(i.e., purchase or sale of a home\). ) Tj ET Q q 0 0 0 rg BT 284.70 681.20 Td (The real estate commissions are recorded net of commissions ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (paid to real estate agents, which are recognized concurrently with the associated revenues.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (The Company provides title and closing services, which include title search procedures for title insurance policies, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (home sale escrow) Tj ET Q q 0 0 0 rg BT 131.48 628.40 Td (, and other closing services. ) Tj ET Q q 0 0 0 rg BT 258.97 628.40 Td (T) Tj ET Q q 0 0 0 rg BT 265.30 628.40 Td (itle revenues, which are recorded net of amounts remitted to third-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (party insurance underwriters, and title and closing service fees are recorded at the time a home sale transaction or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (refinancing closes.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (Investment fund servicing fees are primarily based on a percentage of the fair value of the fund assets serviced.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (Income r) Tj ET Q q 0 0 0 rg BT 96.26 549.20 Td (ecognition on impair) Tj ET Q q 0 0 0 rg BT 193.23 549.20 Td (ed and nonaccrual loans:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 310.89 549.20 Td ( Commercial loans, including impaired loans, are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (generally classified as nonaccrual if they are past due as to maturity or payment of principal or interest for a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (period of more than 90days, unless such loans are well-secured and in the process of collection. Residential ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (mortgage loans and other consumer loans are classified as nonaccrual if they are past due as to maturity or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (payment of principal or interest for a period of more than 120days, unless the debt is both well-secured and in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (process of collection. If a loan or a portion of a loan is classified as doubtful or is partially char) Tj ET Q q 0 0 0 rg BT 474.42 483.20 Td (ged of) Tj ET Q q 0 0 0 rg BT 502.02 483.20 Td (f, the loan is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (generally classified as nonaccrual. Loans that are on a current payment status or past due less than 90days may ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (also be classified as nonaccrual, if repayment in full of principal and/or interest is unlikely) Tj ET Q q 0 0 0 rg BT 450.69 456.80 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (While a loan is classified as nonaccrual and the probability of collecting the recorded loan balance is doubtful, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (collections of interest and principal are generally applied as a reduction to principal outstanding. ) Tj ET Q q 0 0 0 rg BT 483.27 417.20 Td (When the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (probability of collecting the recorded loan balance is expected, interest income may be recognized on a cash basis. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (In the case where a nonaccrual loan had been partially char) Tj ET Q q 0 0 0 rg BT 314.00 390.80 Td (ged of) Tj ET Q q 0 0 0 rg BT 341.60 390.80 Td (f, recognition of interest on a cash basis is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (limited to that which would have been recognized on the recorded loan balance at the contractual interest rate. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (Cash interest receipts in excess of that amount are recorded as recoveries to the allowance for loan losses until ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (prior char) Tj ET Q q 0 0 0 rg BT 96.86 351.20 Td (ge-of) Tj ET Q q 0 0 0 rg BT 119.87 351.20 Td (fs have been fully recovered.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (Loans may be returned to accrual status when all principal and interest amounts contractually due \(including ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (arrearages\) are reasonably assured of repayment within an acceptable period of time, and there is a sustained ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (period of repayment performance by the borrower in accordance with the contractual terms of interest and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (principal.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (Advertising costs: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.77 258.80 Td ( ) Tj ET Q q 0 0 0 rg BT 142.91 258.80 Td (Advertising costs are expensed as incurred.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 232.40 Td (Segment information:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 156.96 232.40 Td ( Operating segments as defined by ) Tj ET Q q 0 0 0 rg BT 313.67 232.40 Td (ASC 280,) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 357.07 232.40 Td ( Segment Reporting) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 443.83 232.40 Td (, are components of an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.20 Td (enterprise for which separate financial information is available that is evaluated regularly by the chief operating ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.00 Td (decision-maker in deciding how to allocate resources and in assessing performance. ) Tj ET Q q 0 0 0 rg BT 427.98 206.00 Td (The accounting policies of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.80 Td (operating segments are the same as those described elsewhere in this footnote. Revenue for all segments is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.60 Td (derived from external sources. See Note 24 for further discussion of the Company) Tj ET Q q 0 0 0 rg BT 420.57 179.60 Td (s operating segments.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 153.20 Td (Mergers and acquisitions:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 176.22 153.20 Td ( Mer) Tj ET Q q 0 0 0 rg BT 199.85 153.20 Td (gers and acquisitions are accounted for using the purchase method, as required ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 140.00 Td (by ) Tj ET Q q 0 0 0 rg BT 67.14 140.00 Td (ASC 805, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 113.29 140.00 Td (Business Combinations) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 216.27 140.00 Td (. Under this method, the cost of the acquired entity will be allocated to the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.80 Td (assets acquired and liabilities assumed based on their fair values at the date of acquisition. ) Tj ET Q q 0 0 0 rg BT 455.48 126.80 Td (The excess of the cost ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.60 Td (over the fair value of the acquired net assets is recognized as goodwill. See Note 2 for further discussion on the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 100.40 Td (Company) Tj ET Q q 0 0 0 rg BT 99.83 100.40 Td (s mer) Tj ET Q q 0 0 0 rg BT 123.77 100.40 Td (gers and acquisitions.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 74.00 Td (Income taxes:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 119.07 74.00 Td ( Income taxes are accounted for under the asset and liability method. Under this method, deferred ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 60.80 Td (tax assets and liabilities are determined based on dif) Tj ET Q q 0 0 0 rg BT 282.89 60.80 Td (ferences between financial reporting and tax bases of assets ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 47.60 Td (and liabilities that result in future taxable or deductible amounts. ) Tj ET Q q 0 0 0 rg BT 343.39 47.60 Td (The ef) Tj ET Q q 0 0 0 rg BT 371.59 47.60 Td (fect on deferred taxes of a change in tax ) Tj ET Q endstream endobj 109 0 obj <> endobj 110 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (52) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (rates is recognized in the year of enactment and is measured using the enacted tax rates and laws that will be in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (ef) Tj ET Q q 0 0 0 rg BT 62.35 681.20 Td (fect when the dif) Tj ET Q q 0 0 0 rg BT 136.37 681.20 Td (ferences are expected to reverse. ) Tj ET Q q 0 0 0 rg BT 284.88 681.20 Td (V) Tj ET Q q 0 0 0 rg BT 291.60 681.20 Td (aluation allowances are established when necessary to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (reduce deferred tax assets to the amount expected to be realized in the near term. Note 19 provides additional ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (information on the Company) Tj ET Q q 0 0 0 rg BT 184.45 654.80 Td (s income taxes.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (Compr) Tj ET Q q 0 0 0 rg BT 87.41 628.40 Td (ehensive income: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 169.89 628.40 Td ( ) Tj ET Q q 0 0 0 rg BT 172.04 628.40 Td (Accounting principles generally require that recognized revenue, expenses, gains, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (losses be included in net income or loss. ) Tj ET Q q 0 0 0 rg BT 236.09 615.20 Td (Although certain changes in assets and liabilities, such as unrealized ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (gains and losses on available-for) Tj ET Q q 0 0 0 rg BT 197.35 602.00 Td (-sale securities, are reported as a separate component of the equity section of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (balance sheet, such items, along with the operating net income or loss, are components of comprehensive income ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (or loss. Other comprehensive income or loss includes unrealized gains and losses on available-for) Tj ET Q q 0 0 0 rg BT 486.63 575.60 Td (-sale securities ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (and actuarial gains and losses on our Supplemental Executive Retirement Plan \(SERP\).) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (Shar) Tj ET Q q 0 0 0 rg BT 76.42 536.00 Td (e-based compensation:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 183.06 536.00 Td ( ) Tj ET Q q 0 0 0 rg BT 188.36 536.00 Td (The Company has a share-based employee compensation plan, which is described ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (in more detail in Note 13. ) Tj ET Q q 0 0 0 rg BT 172.33 522.80 Td (The Company accounts for the plan using the fair value method, which requires that ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (compensation cost relating to stock-based payment transactions be recognized in the financial statements over the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (vesting period. ) Tj ET Q q 0 0 0 rg BT 124.68 496.40 Td (The compensation cost is measured based on the fair value of the instruments issued. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (Earnings per) Tj ET Q q 0 0 0 rg BT 115.23 470.00 Td ( shar) Tj ET Q q 0 0 0 rg BT 138.56 470.00 Td (e:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 147.10 470.00 Td ( Basic earnings per share are computed by dividing earnings available to common ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (shareholders by the weighted-average number of common shares outstanding for the year) Tj ET Q q 0 0 0 rg BT 447.29 456.80 Td (, less the average ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (number of nonvested restricted stock awards. Diluted earnings per share reflect the potential dilution from the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (issuance of additional shares of common stock caused by the exercise of stock options and restricted stock ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (awards. ) Tj ET Q q 0 0 0 rg BT 92.80 417.20 Td (Also considered in the calculation is the impact of the convertible subordinated capital debentures on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (earnings available to shareholders and weighted-average common shares outstanding. See Note 25 for further ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (discussion on the Company) Tj ET Q q 0 0 0 rg BT 178.36 390.80 Td (s earnings per share.) Tj ET Q BT /F3 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 54 362.678564453125 m 221.234375 362.678564453125 l s q 0 0 0 rg BT 54.00 364.40 Td (Recent accounting pr) Tj ET Q q 0 0 0 rg BT 154.01 364.40 Td (onouncements) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (In July 2012, the F) Tj ET Q q 0 0 0 rg BT 135.99 338.00 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 189.78 338.00 Td (Accounting Standards Update \(ASU\) No.2012-02, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 427.45 338.00 Td (Intangibles Goodwill and ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (Other \(T) Tj ET Q q 0 0 0 rg BT 91.18 324.80 Td (opic 350\) T) Tj ET Q q 0 0 0 rg BT 140.89 324.80 Td (esting Indefinite-Lived Intangible ) Tj ET Q q 0 0 0 rg BT 290.69 324.80 Td (Assets for Impairment) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 387.85 324.80 Td (. ) Tj ET Q q 0 0 0 rg BT 395.49 324.80 Td (ASU No. 2012-02 permits an entity ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (to first assess qualitative factors to determine whether it is more likely than not that an indefinite-lived intangible ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (asset is impaired as a basis for determining whether it is necessary to perform a quantitative impairment test. ) Tj ET Q q 0 0 0 rg BT 536.64 298.40 Td (An ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (entity would continue to calculate the fair value of an indefinite-lived intangible asset if the asset fails the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.00 Td (qualitative assessment, while no further analysis would be required if it passes. ) Tj ET Q q 0 0 0 rg BT 406.63 272.00 Td (The provisions of the new ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (guidance were ef) Tj ET Q q 0 0 0 rg BT 128.92 258.80 Td (fective as of the beginning of our 2013 fiscal year) Tj ET Q q 0 0 0 rg BT 347.32 258.80 Td (. ) Tj ET Q q 0 0 0 rg BT 355.37 258.80 Td (The adoption of this ) Tj ET Q q 0 0 0 rg BT 446.42 258.80 Td (ASU did not have a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.60 Td (material impact on the Company) Tj ET Q q 0 0 0 rg BT 201.24 245.60 Td (s financial statements.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.20 Td (In February 2013, the F) Tj ET Q q 0 0 0 rg BT 157.36 219.20 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 211.15 219.20 Td (ASU No. 2013-02, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 297.02 219.20 Td (Compr) Tj ET Q q 0 0 0 rg BT 327.17 219.20 Td (ehensive Income \(T) Tj ET Q q 0 0 0 rg BT 411.68 219.20 Td (opic 220\): Reporting of ) Tj ET Q q 0 0 0 rg BT 517.79 219.20 Td (Amounts ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 206.00 Td (Reclassified Out of ) Tj ET Q q 0 0 0 rg BT 140.26 206.00 Td (Accumulated Other Compr) Tj ET Q q 0 0 0 rg BT 259.00 206.00 Td (ehensive Income) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 331.99 206.00 Td (. Under ) Tj ET Q q 0 0 0 rg BT 367.12 206.00 Td (ASU No. 2013-02, an entity is required to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.80 Td (provide information about the amounts reclassified out of ) Tj ET Q q 0 0 0 rg BT 309.38 192.80 Td (Accumulated Other Comprehensive Income \(AOCI\) ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.60 Td (by component. In addition, an entity is required to present, either on the face of the financial statements or in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.40 Td (notes, significant amounts reclassified out of ) Tj ET Q q 0 0 0 rg BT 252.88 166.40 Td (AOCI by the respective line items of net income, but only if the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 153.20 Td (amount reclassified is required to be reclassified in its entirety in the same reporting period. For amounts that are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 140.00 Td (not required to be reclassified in their entirety to net income, an entity is required to cross-reference to other ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.80 Td (disclosures that provide additional details about those amounts. ) Tj ET Q q 0 0 0 rg BT 334.76 126.80 Td (ASU No. 2013-02 does not change the current ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.60 Td (requirements for reporting net income or other comprehensive income in the financial statements. ) Tj ET Q q 0 0 0 rg BT 485.91 113.60 Td (ASU No. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 100.40 Td (2013-02 was ef) Tj ET Q q 0 0 0 rg BT 121.62 100.40 Td (fective for the Company on January 1, 2013 and resulted in additional disclosures.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 74.00 Td (In July 2013, the F) Tj ET Q q 0 0 0 rg BT 135.99 74.00 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 189.78 74.00 Td (ASU No. 2013-1) Tj ET Q q 0 0 0 rg BT 264.24 74.00 Td (1, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 275.24 74.00 Td (Pr) Tj ET Q q 0 0 0 rg BT 285.83 74.00 Td (esentation of an Unr) Tj ET Q q 0 0 0 rg BT 376.16 74.00 Td (ecognized T) Tj ET Q q 0 0 0 rg BT 428.01 74.00 Td (ax Benefit When a Net ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 60.80 Td (Operating Loss Carryforwar) Tj ET Q q 0 0 0 rg BT 180.73 60.80 Td (d, a Similar T) Tj ET Q q 0 0 0 rg BT 240.23 60.80 Td (ax Loss, or a T) Tj ET Q q 0 0 0 rg BT 304.93 60.80 Td (ax Cr) Tj ET Q q 0 0 0 rg BT 329.27 60.80 Td (edit Carryforwar) Tj ET Q q 0 0 0 rg BT 404.34 60.80 Td (d Exists) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 438.87 60.80 Td (. ) Tj ET Q q 0 0 0 rg BT 446.92 60.80 Td (The amendments in ) Tj ET Q q 0 0 0 rg BT 535.81 60.80 Td (ASU ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 47.60 Td (No. 2013-1) Tj ET Q q 0 0 0 rg BT 103.70 47.60 Td (1 to ) Tj ET Q q 0 0 0 rg BT 123.06 47.60 Td (T) Tj ET Q q 0 0 0 rg BT 129.01 47.60 Td (opic 740, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 172.70 47.60 Td (Income T) Tj ET Q q 0 0 0 rg BT 212.93 47.60 Td (axes) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 232.47 47.60 Td (, provide guidance on the financial statement presentation of ) Tj ET Q endstream endobj 111 0 obj <> endobj 112 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (53) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (exists. ) Tj ET Q q 0 0 0 rg BT 87.11 681.20 Td (The amendments are ef) Tj ET Q q 0 0 0 rg BT 189.83 681.20 Td (fective for fiscal years, and interim periods within those years, beginning after ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (December 15, 2013. ) Tj ET Q q 0 0 0 rg BT 148.49 668.00 Td (The adoption of this ) Tj ET Q q 0 0 0 rg BT 239.54 668.00 Td (ASU is not expected to have a material impact on the Company) Tj ET Q q 0 0 0 rg BT 522.71 668.00 Td (s ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (financial statements.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (In January 2014, the F) Tj ET Q q 0 0 0 rg BT 151.86 628.40 Td (ASB issued ) Tj ET Q q 0 0 0 rg BT 205.65 628.40 Td (ASU No. 2014-01, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 291.52 628.40 Td (Accounting for Investments in Qualified ) Tj ET Q q 0 0 0 rg BT 470.03 628.40 Td (Affor) Tj ET Q q 0 0 0 rg BT 492.24 628.40 Td (dable Housing ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (Pr) Tj ET Q q 0 0 0 rg BT 64.59 615.20 Td (ojects) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.25 615.20 Td (. ) Tj ET Q q 0 0 0 rg BT 98.30 615.20 Td (The amendments in ) Tj ET Q q 0 0 0 rg BT 187.20 615.20 Td (ASU No. 2014-01 to ) Tj ET Q q 0 0 0 rg BT 281.42 615.20 Td (T) Tj ET Q q 0 0 0 rg BT 287.37 615.20 Td (opic 323, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 331.06 615.20 Td (Equity Investments and Joint V) Tj ET Q q 0 0 0 rg BT 466.69 615.20 Td (entur) Tj ET Q q 0 0 0 rg BT 489.50 615.20 Td (es) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 498.67 615.20 Td (, permit an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (accounting policy election to account for investments in qualified af) Tj ET Q q 0 0 0 rg BT 353.45 602.00 Td (fordable housing projects using the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (proportional amortization method if certain conditions are met. Under the proportional amortization method, an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (entity amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits received ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (and recognizes the net investment performance in the income statement as a component of income tax expense. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (The decision to apply the proportional amortization method of accounting is an accounting policy election that ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (should be applied consistently to all qualifying af) Tj ET Q q 0 0 0 rg BT 271.01 536.00 Td (fordable housing project investments. ) Tj ET Q q 0 0 0 rg BT 441.88 536.00 Td (This guidance is ef) Tj ET Q q 0 0 0 rg BT 525.08 536.00 Td (fective ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (for annual periods, and interim reporting periods within those annual periods, beginning after December 15, 2014. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (This guidance should be applied retrospectively to all periods presented. ) Tj ET Q q 0 0 0 rg BT 377.60 509.60 Td (The Company is still evaluating the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (impact the guidance will have on its financial statements. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (In January 2014, the F) Tj ET Q q 0 0 0 rg BT 151.86 470.00 Td (ASB issued guidance within ) Tj ET Q q 0 0 0 rg BT 278.97 470.00 Td (ASU No. 2014-04, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 364.83 470.00 Td (Reclassification of Residential Real Estate ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (Collateralized Consumer Mortgage Loans upon For) Tj ET Q q 0 0 0 rg BT 284.29 456.80 Td (eclosur) Tj ET Q q 0 0 0 rg BT 316.27 456.80 Td (e) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 321.15 456.80 Td (. ) Tj ET Q q 0 0 0 rg BT 329.20 456.80 Td (The objective of the amendments in ) Tj ET Q q 0 0 0 rg BT 489.26 456.80 Td (ASU No. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (2014-04 to ) Tj ET Q q 0 0 0 rg BT 104.52 443.60 Td (T) Tj ET Q q 0 0 0 rg BT 110.47 443.60 Td (opic 310, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 154.16 443.60 Td (Receivables - T) Tj ET Q q 0 0 0 rg BT 221.36 443.60 Td (r) Tj ET Q q 0 0 0 rg BT 225.23 443.60 Td (oubled Debt Restructurings by Cr) Tj ET Q q 0 0 0 rg BT 373.92 443.60 Td (editors) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 404.47 443.60 Td (, is to reduce diversity by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (clarifying when an in substance repossession or foreclosure occurs, that is, when a creditor should be considered ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (to have received physical possession of residential real estate property collateralizing a consumer mortgage loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (such that the loan receivable should be derecognized and the real estate property recognized. ) Tj ET Q q 0 0 0 rg BT 466.73 404.00 Td (The amendments ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (are ef) Tj ET Q q 0 0 0 rg BT 78.52 390.80 Td (fective for fiscal years, and interim periods within those years, beginning after December 31, 2014. ) Tj ET Q q 0 0 0 rg BT 519.60 390.80 Td (An ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (entity can elect to adopt the amendments using either a modified retrospective transition method or a prospective ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (transition method. Early adoption is permitted. ) Tj ET Q q 0 0 0 rg BT 267.65 364.40 Td (The adoption of this guidance is not expected to have a material ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (impact on the Company) Tj ET Q q 0 0 0 rg BT 162.45 351.20 Td (s Consolidated Financial Statements. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (NOTE 2: MERGERS ) Tj ET Q q 0 0 0 rg BT 160.35 324.80 Td (AND ) Tj ET Q q 0 0 0 rg BT 186.32 324.80 Td (ACQUISITIONS) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (Insurance ) Tj ET Q q 0 0 0 rg BT 100.54 298.40 Td (Agencies) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.24 298.40 Td (: Ef) Tj ET Q q 0 0 0 rg BT 156.23 298.40 Td (fective July 1, 2013, the Company acquired two insurance agencies, Hooker and Buchanon ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (Incorporated and ) Tj ET Q q 0 0 0 rg BT 131.17 285.20 Td (Y) Tj ET Q q 0 0 0 rg BT 138.01 285.20 Td (er) Tj ET Q q 0 0 0 rg BT 146.36 285.20 Td (gey Insurance ) Tj ET Q q 0 0 0 rg BT 209.89 285.20 Td (Agency) Tj ET Q q 0 0 0 rg BT 243.38 285.20 Td (, Inc., that are af) Tj ET Q q 0 0 0 rg BT 314.94 285.20 Td (filiated with ) Tj ET Q q 0 0 0 rg BT 370.95 285.20 Td (T) Tj ET Q q 0 0 0 rg BT 376.90 285.20 Td (owne Insurance ) Tj ET Q q 0 0 0 rg BT 448.38 285.20 Td (Agency \(T) Tj ET Q q 0 0 0 rg BT 499.83 285.20 Td (owne ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.00 Td (Insurance\), a wholly-owned subsidiary of ) Tj ET Q q 0 0 0 rg BT 244.41 272.00 Td (T) Tj ET Q q 0 0 0 rg BT 250.36 272.00 Td (owneBank. ) Tj ET Q q 0 0 0 rg BT 302.71 272.00 Td (The acquisitions were accounted for as business ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (combinations under the acquisition method of accounting in accordance with ) Tj ET Q q 0 0 0 rg BT 394.90 258.80 Td (ASC 805, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 441.05 258.80 Td (Business Combinations) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 544.03 258.80 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.60 Td (and, as such, the assets acquired and liabilities assumed in the transaction were recorded at their respective fair ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 232.40 Td (values as of the acquisition date. ) Tj ET Q q 0 0 0 rg BT 199.51 232.40 Td (The results of operations of the acquired businesses are included in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.20 Td (Company) Tj ET Q q 0 0 0 rg BT 99.83 219.20 Td (s Consolidated Statements of Income commencing July 1, 2013. ) Tj ET Q q 0 0 0 rg BT 385.28 219.20 Td (The total purchase price for the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.00 Td (transactions was $2.73million in cash and common stock. ) Tj ET Q q 0 0 0 rg BT 313.18 206.00 Td (The allocation of the purchase price) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.80 Td (resulted in tangible assets of $190,000, goodwill of $1.53million, other intangible assets, including customer lists ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.60 Td (of $1.16million, and assumed liabilities of $1.30million.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 153.20 Td (The Clement Companies) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 162.16 153.20 Td (: Ef) Tj ET Q q 0 0 0 rg BT 180.90 153.20 Td (fective December 31, 2012, the Company acquired ) Tj ET Q q 0 0 0 rg BT 407.64 153.20 Td (The Clement Companies ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 140.00 Td (insurance agency that is af) Tj ET Q q 0 0 0 rg BT 170.47 140.00 Td (filiated with ) Tj ET Q q 0 0 0 rg BT 226.48 140.00 Td (T) Tj ET Q q 0 0 0 rg BT 232.43 140.00 Td (owne Insurance. ) Tj ET Q q 0 0 0 rg BT 309.81 140.00 Td (The acquisition was accounted for as a business ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.80 Td (combination under the acquisition method of accounting in accordance with ) Tj ET Q q 0 0 0 rg BT 390.62 126.80 Td (ASC 805, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 436.77 126.80 Td (Business Combinations) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 539.75 126.80 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.60 Td (and, as such, the assets acquired and liabilities assumed in the transaction were recorded at their respective fair ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 100.40 Td (values as of the acquisition date. ) Tj ET Q q 0 0 0 rg BT 202.26 100.40 Td (The results of operations of the acquired business are included in the Company) Tj ET Q q 0 0 0 rg BT 552.94 100.40 Td (s ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 87.20 Td (Consolidated Statements of Income commencing January 1, 2013. ) Tj ET Q q 0 0 0 rg BT 351.04 87.20 Td (The purchase price was $6.30million in cash ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 74.00 Td (and common stock. ) Tj ET Q q 0 0 0 rg BT 145.15 74.00 Td (The allocation of the purchase price resulted in tangible assets of $616,000, goodwill of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 60.80 Td ($4.76million, other intangible assets, including customer lists of $1.53million, and assumed liabilities of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 47.60 Td ($61) Tj ET Q q 0 0 0 rg BT 70.09 47.60 Td (1,000.) Tj ET Q endstream endobj 113 0 obj <> endobj 114 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (54) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (Stanton T) Tj ET Q q 0 0 0 rg BT 95.47 681.20 Td (aylor ) Tj ET Q q 0 0 0 rg BT 121.24 681.20 Td (Agency) Tj ET Q q 0 0 0 rg BT 153.00 681.20 Td (, Inc) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 172.55 681.20 Td (.: Ef) Tj ET Q q 0 0 0 rg BT 194.04 681.20 Td (fective October 3, 201) Tj ET Q q 0 0 0 rg BT 291.98 681.20 Td (1, the Company acquired the Stanton ) Tj ET Q q 0 0 0 rg BT 457.66 681.20 Td (T) Tj ET Q q 0 0 0 rg BT 463.61 681.20 Td (aylor ) Tj ET Q q 0 0 0 rg BT 488.35 681.20 Td (Agency) Tj ET Q q 0 0 0 rg BT 521.85 681.20 Td (, Inc. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (insurance agency that is af) Tj ET Q q 0 0 0 rg BT 170.47 668.00 Td (filiated with ) Tj ET Q q 0 0 0 rg BT 226.48 668.00 Td (T) Tj ET Q q 0 0 0 rg BT 232.43 668.00 Td (owne Insurance. ) Tj ET Q q 0 0 0 rg BT 309.81 668.00 Td (The acquisition was accounted for as a business ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (combination under the acquisition method of accounting in accordance with ) Tj ET Q q 0 0 0 rg BT 390.62 654.80 Td (ASC 805, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 436.77 654.80 Td (Business Combinations) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 539.75 654.80 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (and, as such, the assets acquired and liabilities assumed in the transaction were recorded at their respective fair ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (values as of the acquisition date. ) Tj ET Q q 0 0 0 rg BT 202.26 628.40 Td (The results of operations of the acquired business are included in the Company) Tj ET Q q 0 0 0 rg BT 552.94 628.40 Td (s ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (Consolidated Statements of Income commencing October 3, 201) Tj ET Q q 0 0 0 rg BT 338.30 615.20 Td (1. ) Tj ET Q q 0 0 0 rg BT 351.85 615.20 Td (The purchase price was $2.70 million in cash ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (and common stock. ) Tj ET Q q 0 0 0 rg BT 145.15 602.00 Td (The allocation of the purchase price resulted in tangible assets of $364,000, goodwill of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td ($1.50 million, other intangible assets, including customer lists of $1.13 million, and assumed liabilities of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td ($293,000.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (W) Tj ET Q q 0 0 0 rg BT 62.15 549.20 Td (.T) Tj ET Q q 0 0 0 rg BT 70.20 549.20 Td (. Chapin Inc) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 124.89 549.20 Td (.: Ef) Tj ET Q q 0 0 0 rg BT 146.38 549.20 Td (fective January 14, 201) Tj ET Q q 0 0 0 rg BT 248.61 549.20 Td (1, ) Tj ET Q q 0 0 0 rg BT 259.41 549.20 Td (T) Tj ET Q q 0 0 0 rg BT 265.36 549.20 Td (owneBank acquired ) Tj ET Q q 0 0 0 rg BT 355.57 549.20 Td (W) Tj ET Q q 0 0 0 rg BT 364.94 549.20 Td (.T) Tj ET Q q 0 0 0 rg BT 373.60 549.20 Td (. Chapin Inc. insurance agency) Tj ET Q q 0 0 0 rg BT 508.50 549.20 Td (, an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (independent insurance agency that is af) Tj ET Q q 0 0 0 rg BT 226.98 536.00 Td (filiated with ) Tj ET Q q 0 0 0 rg BT 282.99 536.00 Td (T) Tj ET Q q 0 0 0 rg BT 288.94 536.00 Td (owne Insurance. ) Tj ET Q q 0 0 0 rg BT 366.32 536.00 Td (The acquisition was accounted for as a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (business combination under the acquisition method of accounting in accordance with ) Tj ET Q q 0 0 0 rg BT 430.65 522.80 Td (ASC 805, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 476.80 522.80 Td (Business ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (Combinations) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 115.73 509.60 Td (, and, as such, the assets acquired and liabilities assumed in the transaction were recorded at their ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (respective fair values as of the acquisition date. ) Tj ET Q q 0 0 0 rg BT 267.61 496.40 Td (The results of operations of the acquired business are included in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (the Company) Tj ET Q q 0 0 0 rg BT 116.02 483.20 Td (s Consolidated Statements of Income commencing January 14, 201) Tj ET Q q 0 0 0 rg BT 411.63 483.20 Td (1. ) Tj ET Q q 0 0 0 rg BT 425.19 483.20 Td (The purchase price was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td ($4.21million in cash and stock. ) Tj ET Q q 0 0 0 rg BT 199.54 470.00 Td (The allocation of the purchase price resulted in tangible assets of $25,000, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (goodwill of $2.85 million, and other intangible assets, including customer lists of $1.34million.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (Benchmark Mortgage, Inc.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 172.52 430.40 Td (: Ef) Tj ET Q q 0 0 0 rg BT 191.26 430.40 Td (fective November 1, 201) Tj ET Q q 0 0 0 rg BT 300.20 430.40 Td (1, ) Tj ET Q q 0 0 0 rg BT 311.00 430.40 Td (T) Tj ET Q q 0 0 0 rg BT 316.95 430.40 Td (owneBank acquired Benchmark Mortgage, Inc., an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (independent mortgage business that was mer) Tj ET Q q 0 0 0 rg BT 250.83 417.20 Td (ged with the operations of ) Tj ET Q q 0 0 0 rg BT 368.25 417.20 Td (T) Tj ET Q q 0 0 0 rg BT 374.20 417.20 Td (owneBank Mortgage, a division of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (T) Tj ET Q q 0 0 0 rg BT 59.95 404.00 Td (owneBank) Tj ET Q q 0 0 0 rg BT 110.05 404.00 Td (s Realty segment. ) Tj ET Q q 0 0 0 rg BT 193.26 404.00 Td (The acquisition was accounted for as a business combination under the acquisition ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (method of accounting in accordance with ) Tj ET Q q 0 0 0 rg BT 237.88 390.80 Td (ASC 805, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 284.03 390.80 Td (Business Combinations) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 387.01 390.80 Td (, and, as such, the assets acquired and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (liabilities assumed in the transaction were recorded at their respective fair values as of the acquisition date. ) Tj ET Q q 0 0 0 rg BT 529.37 377.60 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (results of operations of the acquired business are included in the Company) Tj ET Q q 0 0 0 rg BT 384.83 364.40 Td (s Consolidated Statements of Income ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (commencing November 1, 201) Tj ET Q q 0 0 0 rg BT 189.83 351.20 Td (1. ) Tj ET Q q 0 0 0 rg BT 203.39 351.20 Td (The purchase price was $385,000 in cash. ) Tj ET Q q 0 0 0 rg BT 392.57 351.20 Td (The allocation of the purchase price ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (resulted in tangible assets of $308,000 and a loan pipeline of $77,000. ) Tj ET Q q 0 0 0 rg BT 367.24 338.00 Td (There was no goodwill ascribed to the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (transaction.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (These ) Tj ET Q q 0 0 0 rg BT 82.67 298.40 Td (acquisitions, ) Tj ET Q q 0 0 0 rg BT 140.37 298.40 Td (when ) Tj ET Q q 0 0 0 rg BT 166.59 298.40 Td (considered ) Tj ET Q q 0 0 0 rg BT 216.64 298.40 Td (individually ) Tj ET Q q 0 0 0 rg BT 272.21 298.40 Td (or ) Tj ET Q q 0 0 0 rg BT 283.77 298.40 Td (in ) Tj ET Q q 0 0 0 rg BT 294.73 298.40 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 339.88 298.40 Td (under ) Tj ET Q q 0 0 0 rg BT 367.32 298.40 Td (relevant ) Tj ET Q q 0 0 0 rg BT 405.15 298.40 Td (disclosure ) Tj ET Q q 0 0 0 rg BT 452.15 298.40 Td (guidance, ) Tj ET Q q 0 0 0 rg BT 497.00 298.40 Td (do ) Tj ET Q q 0 0 0 rg BT 510.40 298.40 Td (not ) Tj ET Q q 0 0 0 rg BT 526.86 298.40 Td (require ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (the ) Tj ET Q q 0 0 0 rg BT 70.19 285.20 Td (presentation ) Tj ET Q q 0 0 0 rg BT 126.70 285.20 Td (of ) Tj ET Q q 0 0 0 rg BT 138.61 285.20 Td (separate ) Tj ET Q q 0 0 0 rg BT 177.39 285.20 Td (pro ) Tj ET Q q 0 0 0 rg BT 194.80 285.20 Td (forma ) Tj ET Q q 0 0 0 rg BT 223.82 285.20 Td (financial ) Tj ET Q q 0 0 0 rg BT 265.05 285.20 Td (information.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (NOTE 3: INVESTMENT) Tj ET Q q 0 0 0 rg BT 176.35 258.80 Td ( SECURITIES) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 232.40 Td (A) Tj ET Q q 0 0 0 rg BT 60.11 232.40 Td (vailable-for) Tj ET Q q 0 0 0 rg BT 111.83 232.40 Td (-sale securities) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.00 Td (The following chart indicates the amortized cost and fair values of available-for) Tj ET Q q 0 0 0 rg BT 404.72 206.00 Td (-sale securities for the periods ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.80 Td (indicated \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 137.29999999999995 m 341.5 137.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 137.29999999999995 m 410.5 137.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 137.29999999999995 m 479.5 137.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 137.29999999999995 m 548.5 137.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 72.29999999999995 m 341.5 72.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 72.29999999999995 m 410.5 72.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 72.29999999999995 m 479.5 72.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 72.29999999999995 m 548.5 72.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 72.29999999999995 m 341.5 72.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 60.299999999999955 m 341.5 60.299999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 58.299999999999955 m 341.5 58.299999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 72.29999999999995 m 410.5 72.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 60.299999999999955 m 410.5 60.299999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 58.299999999999955 m 410.5 58.299999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 72.29999999999995 m 479.5 72.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 60.299999999999955 m 479.5 60.299999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 58.299999999999955 m 479.5 58.299999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 72.29999999999995 m 548.5 72.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 60.299999999999955 m 548.5 60.299999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 58.299999999999955 m 548.5 58.299999999999955 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 173.70 Td (December 31, 2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 288.00 150.75 Td (Amortized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 299.75 141.75 Td (Cost) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.30 159.75 Td (Gross) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 356.55 150.75 Td (Unrealized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.20 141.75 Td (Gains) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 435.30 159.75 Td (Gross) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 425.55 150.75 Td (Unrealized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 433.95 141.75 Td (Losses) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 495.45 141.75 Td (Fair Value) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 128.56 Td (U.S. agency securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 128.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 128.56 Td (235,143) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 128.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 128.56 Td (126) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 128.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 128.56 Td (\(1,939) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 128.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 128.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 128.56 Td (233,330) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 115.56 Td (U.S. Treasury notes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 115.56 Td (200,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.00 115.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 115.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 115.56 Td (200,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 102.56 Td (Municipal securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 102.56 Td (36,845) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 102.56 Td (515) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 102.56 Td (\(281) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 102.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 102.56 Td (37,079) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 89.56 Td (Trust preferred and other corporate securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 89.56 Td (7,805) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 89.56 Td (454) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.50 89.56 Td (\(2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 89.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 89.56 Td (8,257) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 76.56 Td (Mortgage-backed securities issued by GSE) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 76.56 Td (64,103) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 76.56 Td (834) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.00 76.56 Td (\(82) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 76.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 76.56 Td (64,855) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 63.56 Td (Total available-for-sale securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 63.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 63.56 Td (543,896) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 63.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 63.56 Td (1,929) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 63.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 63.56 Td (\(2,304) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 63.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 63.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 63.56 Td (543,521) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 115 0 obj <> endobj 116 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (55) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 656.5 m 341.5 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 656.5 m 410.5 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 656.5 m 479.5 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 656.5 m 548.5 656.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 587.5 m 341.5 587.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 587.5 m 410.5 587.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 587.5 m 479.5 587.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 587.5 m 548.5 587.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 587.5 m 341.5 587.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 575.5 m 341.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 573.5 m 341.5 573.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 587.5 m 410.5 587.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 575.5 m 410.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 573.5 m 410.5 573.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 587.5 m 479.5 587.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 575.5 m 479.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 573.5 m 479.5 573.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 587.5 m 548.5 587.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 575.5 m 548.5 575.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 573.5 m 548.5 573.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 692.90 Td (December 31, 2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 288.00 669.95 Td (Amortized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 299.75 660.95 Td (Cost) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.30 678.95 Td (Gross) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 356.55 669.95 Td (Unrealized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.20 660.95 Td (Gains) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 435.30 678.95 Td (Gross) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 425.55 669.95 Td (Unrealized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 433.95 660.95 Td (Losses) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 495.45 660.95 Td (Fair Value) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 643.96 Td (U.S. agency securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 643.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 643.96 Td (3,219) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 643.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.00 643.96 Td (87) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 643.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 643.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 643.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 643.96 Td (3,306) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 630.76 Td (U.S. Treasury notes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 630.76 Td (300,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.00 630.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 630.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 630.76 Td (300,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 617.76 Td (Municipal securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 617.76 Td (38,854) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 617.76 Td (1,262) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.00 617.76 Td (\(32) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 617.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 617.76 Td (40,084) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 604.76 Td (Trust preferred and other corporate securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 604.76 Td (4,968) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 604.76 Td (409) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 604.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 604.76 Td (5,377) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 591.76 Td (Mortgage-backed securities issued by GSE) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 591.76 Td (100,490) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 591.76 Td (961) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.00 591.76 Td (\(74) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 591.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 591.76 Td (101,377) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 578.76 Td (Total available-for-sale securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 578.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 578.76 Td (447,531) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 578.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 578.76 Td (2,719) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 578.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 578.76 Td (\(106) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 578.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 578.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 578.76 Td (450,144) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 548.60 Td (For the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 203.35 548.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 225.35 548.60 Td (, the Company had no proceeds from sales of securities available for sale ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 535.45 Td (or related gross realized gains or losses. For the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 388.16 535.45 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 410.16 535.45 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 431.54 535.45 Td (201) Tj ET Q q 0 0 0 rg BT 447.64 535.45 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 453.14 535.45 Td (, proceeds from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.25 Td (securities available for sale amounted to $44.94 million and $231.75 million, respectively) Tj ET Q q 0 0 0 rg BT 447.97 522.25 Td (, excluding prepayments ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.05 Td (related to mortgage-backed securities, and resulted in gross realized gains of $1.88million and $3.68million, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 495.85 Td (respectively) Tj ET Q q 0 0 0 rg BT 106.43 495.85 Td (. ) Tj ET Q q 0 0 0 rg BT 114.48 495.85 Td (The Company had no gross realized losses in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 316.10 495.85 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 338.10 495.85 Td ( or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 352.77 495.85 Td (201) Tj ET Q q 0 0 0 rg BT 368.86 495.85 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 374.36 495.85 Td (.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 469.45 Td (Held-to-maturity securities) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.05 Td (The amortized cost and fair values of held-to-maturity investment securities for the periods indicated \(in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 429.85 Td (thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 361.35 m 341.5 361.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 361.35 m 410.5 361.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 361.35 m 479.5 361.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 361.35 m 548.5 361.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 319.35 m 341.5 319.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 319.35 m 410.5 319.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 319.35 m 479.5 319.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 319.35 m 548.5 319.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 306.35 m 341.5 306.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 304.35 m 341.5 304.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 306.35 m 410.5 306.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 304.35 m 410.5 304.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 306.35 m 479.5 306.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 304.35 m 479.5 304.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 306.35 m 548.5 306.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 304.35 m 548.5 304.35 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 397.80 Td (December 31, 2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 288.00 374.80 Td (Amortized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 299.75 365.80 Td (Cost) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.30 383.80 Td (Gross) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 356.55 374.80 Td (Unrealized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.20 365.80 Td (Gains) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 435.30 383.80 Td (Gross) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 425.55 374.80 Td (Unrealized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 433.95 365.80 Td (Losses) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 495.45 365.80 Td (Fair Value) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 351.81 Td (Trust preferred corporate securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 351.81 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.50 351.81 Td (500) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 351.81 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 351.81 Td (141) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 351.81 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 351.81 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 351.81 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 351.81 Td (641) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 337.81 Td (Municipal securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 337.81 Td (58,644) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 337.81 Td (1,327) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 337.81 Td (\(150) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 337.81 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 337.81 Td (59,821) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 323.81 Td (Industrial revenue bonds) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 323.81 Td (145,204) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 323.81 Td (2,787) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 323.81 Td (\(12,745) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 323.81 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 323.81 Td (135,246) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 309.81 Td (Total held-to-maturity securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 309.81 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 309.81 Td (204,348) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 309.81 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 309.81 Td (4,255) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 309.81 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 309.81 Td (\(12,895) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 309.81 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 309.81 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 309.81 Td (195,708) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 237.35000000000002 m 341.5 237.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 237.35000000000002 m 410.5 237.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 237.35000000000002 m 479.5 237.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 237.35000000000002 m 548.5 237.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 195.35000000000002 m 341.5 195.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 195.35000000000002 m 410.5 195.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 195.35000000000002 m 479.5 195.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 195.35000000000002 m 548.5 195.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 195.35000000000002 m 341.5 195.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 182.35000000000002 m 341.5 182.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 180.35000000000002 m 341.5 180.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 182.35000000000002 m 410.5 182.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 180.35000000000002 m 410.5 180.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 182.35000000000002 m 479.5 182.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 180.35000000000002 m 479.5 180.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 182.35000000000002 m 548.5 182.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 180.35000000000002 m 548.5 180.35000000000002 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 273.80 Td (December 31, 2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 288.00 250.80 Td (Amortized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 299.75 241.80 Td (Cost) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.30 259.80 Td (Gross) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 356.55 250.80 Td (Unrealized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.20 241.80 Td (Gains) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 435.30 259.80 Td (Gross) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 425.55 250.80 Td (Unrealized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 433.95 241.80 Td (Losses) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 495.45 241.80 Td (Fair Value) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 227.81 Td (Trust preferred corporate securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 227.81 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.50 227.81 Td (500) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 227.81 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 227.81 Td (188) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 227.81 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 227.81 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 227.81 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 227.81 Td (688) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 213.81 Td (Municipal securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 213.81 Td (62,062) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 213.81 Td (5,347) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 213.81 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 213.81 Td (67,409) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 199.81 Td (Industrial revenue bonds) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 199.81 Td (92,919) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 199.81 Td (4,311) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 199.81 Td (\(3,369) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 199.81 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 199.81 Td (93,861) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 185.81 Td (Total held-to-maturity securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 185.81 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 185.81 Td (155,481) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 185.81 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 185.81 Td (9,846) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 185.81 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 185.81 Td (\(3,369) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 185.81 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 185.81 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 185.81 Td (161,958) Tj ET Q BT /F2 10.00 Tf ET BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 156.65 Td (T) Tj ET Q q 0 0 0 rg BT 59.51 156.65 Td (rading securities) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 130.20 Td (At December 31, 2012, the Company had trading securities of $12.58million, which represented mutual fund ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 117.00 Td (investments in a self-directed employee deferred compensation plan, which is structured as a rabbi trust. During ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 103.80 Td (2013, the Company amended its plan and due to the amendment the funds held in the plan are no longer ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 90.60 Td (accounted for as trading securities. Prior to the plan amendment, employees were permitted to invest in mutual ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 77.40 Td (fund investments that were classified as trading securities. ) Tj ET Q q 0 0 0 rg BT 315.28 77.40 Td (These investments were bought and sold as employees ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 64.20 Td (deferred compensation, received distributions, or made changes in the funds underlying their accounts. Realized ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 51.00 Td (and unrealized gains or losses were recorded in noninterest income. ) Tj ET Q q 0 0 0 rg BT 356.81 51.00 Td (The Company had gains of $528,000 in ) Tj ET Q endstream endobj 117 0 obj <> endobj 118 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (56) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 76.00 694.40 Td (, gains of $1.08million in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 192.72 694.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 214.72 694.40 Td (, and no gains or losses in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 330.82 694.40 Td (201) Tj ET Q q 0 0 0 rg BT 346.91 694.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 352.41 694.40 Td (. See Note 12 for additional discussion of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (deferred compensation plan.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (Maturities of investment securities) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (Expected maturities may dif) Tj ET Q q 0 0 0 rg BT 178.12 628.40 Td (fer from contractual maturities because borrowers may have the right to call or prepay ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (obligations with or without call or prepayment penalties. ) Tj ET Q q 0 0 0 rg BT 308.58 615.20 Td (The amortized cost and estimated fair value of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (investment securities are shown by contractual maturity \(including mortgage-backed securities\) in the following ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (tables \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 551.1 m 341.5 551.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 551.1 m 345.5 551.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 551.1 m 410.5 551.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 551.1 m 479.5 551.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 551.1 m 483.5 551.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 551.1 m 548.5 551.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 528.1 m 341.5 528.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 528.1 m 410.5 528.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 528.1 m 479.5 528.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 528.1 m 548.5 528.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 472.1 m 341.5 472.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 472.1 m 410.5 472.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 472.1 m 479.5 472.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 472.1 m 548.5 472.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 472.1 m 410.5 472.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 472.1 m 479.5 472.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 472.1 m 548.5 472.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 444.1 m 341.5 444.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 444.1 m 410.5 444.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 444.1 m 479.5 444.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 444.1 m 548.5 444.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 431.1 m 341.5 431.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 429.1 m 341.5 429.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 431.1 m 410.5 431.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 429.1 m 410.5 429.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 431.1 m 479.5 431.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 429.1 m 479.5 429.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 431.1 m 548.5 431.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 429.1 m 548.5 429.1 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 555.55 Td (December 31, 2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 309.15 555.55 Td (Available for Sale) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 448.25 555.55 Td (Held to Maturity) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 288.00 541.55 Td (Amortized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 299.75 532.55 Td (Cost) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 357.45 532.55 Td (Fair Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.00 541.55 Td (Amortized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.75 532.55 Td (Cost) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 495.45 532.55 Td (Fair Value) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 518.56 Td (Due in one year or less) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 518.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 518.56 Td (211,960) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 518.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.75 518.56 Td (212,018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 518.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 518.56 Td (3,656) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 518.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 518.56 Td (3,516) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 504.56 Td (Due after one year through five years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 504.56 Td (247,903) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.75 504.56 Td (246,039) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 504.56 Td (71,549) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 504.56 Td (61,304) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 490.56 Td (Due after five years through 10 years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 490.56 Td (17,968) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 490.56 Td (18,194) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 490.56 Td (11,235) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 490.56 Td (11,378) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 476.56 Td (Due after 10 years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 476.56 Td (65,994) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 476.56 Td (67,199) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 476.56 Td (117,908) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 476.56 Td (119,510) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 462.56 Td (543,825) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.75 462.56 Td (543,450) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 462.56 Td (204,348) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 462.56 Td (195,708) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 448.56 Td (Other equity securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.00 448.56 Td (71) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.00 448.56 Td (71) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 448.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 448.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 434.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 434.56 Td (543,896) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 434.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.75 434.56 Td (543,521) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 434.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 434.56 Td (204,348) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 434.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 434.56 Td (195,708) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 392.9 m 341.5 392.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 392.9 m 345.5 392.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 392.9 m 410.5 392.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 392.9 m 479.5 392.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 392.9 m 483.5 392.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 392.9 m 548.5 392.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 392.9 m 341.5 392.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 369.9 m 341.5 369.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 369.9 m 410.5 369.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 392.9 m 479.5 392.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 369.9 m 479.5 369.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 369.9 m 548.5 369.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 313.9 m 341.5 313.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 313.9 m 410.5 313.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 313.9 m 479.5 313.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 313.9 m 548.5 313.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 313.9 m 410.5 313.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 313.9 m 479.5 313.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 313.9 m 548.5 313.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 285.9 m 341.5 285.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 285.9 m 410.5 285.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 285.9 m 479.5 285.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 285.9 m 548.5 285.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 272.9 m 341.5 272.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 270.9 m 341.5 270.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 272.9 m 410.5 272.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 270.9 m 410.5 270.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 272.9 m 479.5 272.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 270.9 m 479.5 270.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 272.9 m 548.5 272.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 270.9 m 548.5 270.9 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 397.35 Td (December 31, 2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 309.15 397.35 Td (Available for Sale) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 448.25 397.35 Td (Held to Maturity) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 288.00 383.35 Td (Amortized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 299.75 374.35 Td (Cost) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 357.45 374.35 Td (Fair Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 426.00 383.35 Td (Amortized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.75 374.35 Td (Cost) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 495.45 374.35 Td (Fair Value) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 360.36 Td (Due in one year or less) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 360.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 360.36 Td (301,006) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 360.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.75 360.36 Td (301,010) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 360.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 360.36 Td (16,763) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 360.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 360.36 Td (16,984) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 346.36 Td (Due after one year through five years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 346.36 Td (19,726) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 346.36 Td (20,050) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 346.36 Td (29,950) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 346.36 Td (31,670) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 332.36 Td (Due after five years through 10 years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 332.36 Td (19,440) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 332.36 Td (19,939) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 332.36 Td (8,533) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 332.36 Td (9,164) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 318.36 Td (Due after 10 years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 318.36 Td (106,872) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.75 318.36 Td (108,658) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 318.36 Td (100,235) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 318.36 Td (104,140) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 304.36 Td (447,044) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.75 304.36 Td (449,657) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 304.36 Td (155,481) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 304.36 Td (161,958) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 290.36 Td (Other equity securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.50 290.36 Td (487) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 290.36 Td (487) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 290.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 290.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 276.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.75 276.36 Td (447,531) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 276.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 377.75 276.36 Td (450,144) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 276.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 276.36 Td (155,481) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 276.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 276.36 Td (161,958) Tj ET Q BT /F2 10.00 Tf ET BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 246.00 Td (Pledged ) Tj ET Q q 0 0 0 rg BT 92.79 246.00 Td (securities) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.00 Td (At December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 132.19 219.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 154.19 219.00 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 175.57 219.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 197.57 219.00 Td (, the Company had investment securities with market values of $148.96million ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 205.80 Td (and $127.74 million, respectively) Tj ET Q q 0 0 0 rg BT 200.84 205.80 Td (, pledged to secure federal, state, and municipal deposits. ) Tj ET Q q 0 0 0 rg BT 456.82 205.80 Td (Additionally) Tj ET Q q 0 0 0 rg BT 511.71 205.80 Td (, the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.60 Td (Company had no investment securities pledged to secure borrowings from the Federal Reserve Bank of Richmond ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.40 Td (\(FRB\) at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 169.76 179.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 191.76 179.40 Td ( or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 206.43 179.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 228.43 179.40 Td (. ) Tj ET Q q 0 0 0 rg BT 236.48 179.40 Td (The Company also had $59.21million in investment securities pledged ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.20 Td (against repurchase agreements with commercial customers at December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 390.58 166.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 412.58 166.20 Td (, compared to $18.21million at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 153.00 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 153.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 153.00 Td (. ) Tj ET Q endstream endobj 119 0 obj <> endobj 120 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (57) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (Unr) Tj ET Q q 0 0 0 rg BT 71.32 694.40 Td (ealized losses) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (The following tables show the Company) Tj ET Q q 0 0 0 rg BT 235.78 668.00 Td (s gross unrealized losses and fair values aggregated by investment ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (category and length of time that individual securities have been in a continuous unrealized loss position for the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (periods indicated \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 603.9 m 271.5 603.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 271.5 603.9 m 275.5 603.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 603.9 m 328.5 603.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 603.9 m 380.5 603.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 603.9 m 384.5 603.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 603.9 m 438.5 603.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 603.9 m 490.5 603.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 603.9 m 494.5 603.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 603.9 m 548.5 603.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 62.5 580.9 m 218.5 580.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 580.9 m 271.5 580.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 580.9 m 328.5 580.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 580.9 m 380.5 580.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 580.9 m 438.5 580.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 580.9 m 490.5 580.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 580.9 m 548.5 580.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 580.9 m 271.5 580.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 580.9 m 328.5 580.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 580.9 m 380.5 580.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 580.9 m 438.5 580.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 580.9 m 490.5 580.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 580.9 m 548.5 580.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 474.9 m 271.5 474.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 452.9 m 271.5 452.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 450.9 m 271.5 450.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 474.9 m 328.5 474.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 452.9 m 328.5 452.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 450.9 m 328.5 450.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 474.9 m 380.5 474.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 452.9 m 380.5 452.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 450.9 m 380.5 450.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 474.9 m 438.5 474.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 452.9 m 438.5 452.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 450.9 m 438.5 450.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 474.9 m 490.5 474.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 452.9 m 490.5 452.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 450.9 m 490.5 450.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 474.9 m 548.5 474.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 452.9 m 548.5 452.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 450.9 m 548.5 450.9 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 608.35 Td (December 31, 2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 233.60 608.35 Td (Less than 12 months) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 348.75 608.35 Td (12 months or more) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 485.15 608.35 Td (Total) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 585.35 Td (Description of Securities) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 221.00 585.35 Td (Fair Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 280.55 594.35 Td (Unr) Tj ET Q q 0 0 0 rg BT 295.89 594.35 Td (ealized ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 288.95 585.35 Td (Losses) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.00 585.35 Td (Fair Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 390.05 594.35 Td (Unr) Tj ET Q q 0 0 0 rg BT 405.39 594.35 Td (ealized ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.45 585.35 Td (Losses) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 445.00 585.35 Td (Fair Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.05 594.35 Td (Unr) Tj ET Q q 0 0 0 rg BT 515.39 594.35 Td (ealized ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 508.45 585.35 Td (Losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 571.36 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 83.09 571.36 Td (T) Tj ET Q q 0 0 0 rg BT 88.27 571.36 Td (reasury obligations) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 562.36 Td ( and direct obligations of ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 553.36 Td ( U.S. government agencies) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 221.00 553.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 238.75 553.36 Td (221,212) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.00 553.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.75 553.36 Td (1,939) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.00 553.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.00 553.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.00 553.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.00 553.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.00 553.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.75 553.36 Td (221,212) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 497.00 553.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 553.36 Td (1,939) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 539.36 Td (Municipal securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 243.25 539.36 Td (17,566) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 311.50 539.36 Td (340) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.75 539.36 Td (2,425) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.00 539.36 Td (91) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.25 539.36 Td (19,991) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 539.36 Td (431) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 525.36 Td (Industrial revenue bonds) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 243.25 525.36 Td (45,163) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.75 525.36 Td (4,707) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.25 525.36 Td (22,542) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.75 525.36 Td (8,038) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.25 525.36 Td (67,705) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 525.36 Td (12,745) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 511.36 Td (Mortgage-backed securities ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 502.36 Td ( issued by GSE) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 243.25 502.36 Td (11,758) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 316.00 502.36 Td (82) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.00 502.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.00 502.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.25 502.36 Td (11,758) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 502.36 Td (82) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 488.36 Td (T) Tj ET Q q 0 0 0 rg BT 70.18 488.36 Td (rust preferred and other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 479.36 Td ( corporate securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 247.75 479.36 Td (1,985) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.50 479.36 Td (2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.00 479.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.00 479.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.75 479.36 Td (1,985) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 479.36 Td (2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 465.36 Td ( ) Tj ET Q q 0 0 0 rg BT 85.09 465.36 Td (T) Tj ET Q q 0 0 0 rg BT 89.96 465.36 Td (otal temporarily ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 456.36 Td ( impaired securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 221.00 456.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 238.75 456.36 Td (297,684) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.00 456.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.75 456.36 Td (7,070) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.00 456.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.25 456.36 Td (24,967) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.00 456.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 414.75 456.36 Td (8,129) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.00 456.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 457.75 456.36 Td (322,651) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 497.00 456.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 456.36 Td (15,199) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 414.1 m 271.5 414.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 271.5 414.1 m 275.5 414.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 414.1 m 328.5 414.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 414.1 m 380.5 414.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 414.1 m 384.5 414.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 414.1 m 438.5 414.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 414.1 m 490.5 414.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 414.1 m 494.5 414.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 414.1 m 548.5 414.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 62.5 391.1 m 218.5 391.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 391.1 m 271.5 391.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 391.1 m 328.5 391.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 391.1 m 380.5 391.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 391.1 m 438.5 391.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 391.1 m 490.5 391.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 391.1 m 548.5 391.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 62.5 391.1 m 218.5 391.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 308.1 m 271.5 308.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 286.1 m 271.5 286.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 218.5 284.1 m 271.5 284.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 308.1 m 328.5 308.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 286.1 m 328.5 286.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 284.1 m 328.5 284.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 308.1 m 380.5 308.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 286.1 m 380.5 286.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 284.1 m 380.5 284.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 308.1 m 438.5 308.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 286.1 m 438.5 286.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 284.1 m 438.5 284.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 308.1 m 490.5 308.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 286.1 m 490.5 286.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 284.1 m 490.5 284.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 308.1 m 548.5 308.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 286.1 m 548.5 286.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 284.1 m 548.5 284.1 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 418.55 Td (December 31, 2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 233.60 418.55 Td (Less than 12 months) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 348.75 418.55 Td (12 months or more) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 485.15 418.55 Td (Total) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 395.55 Td (Description of Securities) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 221.00 395.55 Td (Fair Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 280.55 404.55 Td (Unr) Tj ET Q q 0 0 0 rg BT 295.89 404.55 Td (ealized ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 288.95 395.55 Td (Losses) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.00 395.55 Td (Fair Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 390.05 404.55 Td (Unr) Tj ET Q q 0 0 0 rg BT 405.39 404.55 Td (ealized ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.45 395.55 Td (Losses) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 445.00 395.55 Td (Fair Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 500.05 404.55 Td (Unr) Tj ET Q q 0 0 0 rg BT 515.39 404.55 Td (ealized ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 508.45 395.55 Td (Losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 381.56 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 83.09 381.56 Td (T) Tj ET Q q 0 0 0 rg BT 88.27 381.56 Td (reasury obligations) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 372.56 Td ( and direct obligations of ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 363.56 Td ( U.S. government agencies) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 221.00 363.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.00 363.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.00 363.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 316.00 363.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.00 363.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.00 363.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.00 363.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.00 363.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.00 363.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.00 363.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 497.00 363.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 363.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 349.56 Td (Municipal securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 247.75 349.56 Td (3,592) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 316.00 349.56 Td (32) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.00 349.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.00 349.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.75 349.56 Td (3,592) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 349.56 Td (32) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 335.56 Td (Industrial revenue bonds) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 243.25 335.56 Td (22,862) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.75 335.56 Td (3,369) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.00 335.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.00 335.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.25 335.56 Td (22,862) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 335.56 Td (3,369) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 321.56 Td (Mortgage-backed securities ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 312.56 Td ( issued by GSE) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 243.25 312.56 Td (26,587) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 316.00 312.56 Td (74) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.00 312.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.00 312.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.25 312.56 Td (26,587) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 312.56 Td (74) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 298.56 Td ( ) Tj ET Q q 0 0 0 rg BT 85.09 298.56 Td (T) Tj ET Q q 0 0 0 rg BT 89.96 298.56 Td (otal temporarily ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 289.56 Td ( impaired securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 221.00 289.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 243.25 289.56 Td (53,041) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.00 289.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 304.75 289.56 Td (3,475) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.00 289.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 368.00 289.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.00 289.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.00 289.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.00 289.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.25 289.56 Td (53,041) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 497.00 289.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 289.56 Td (3,475) Tj ET Q BT /F2 10.00 Tf ET BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 259.20 Td (U.S. T) Tj ET Q q 0 0 0 rg BT 81.20 259.20 Td (r) Tj ET Q q 0 0 0 rg BT 85.08 259.20 Td (easury obligations ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 232.80 Td (At December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 132.19 232.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 154.19 232.80 Td (, 13 securities had unrealized losses of $1.94million. ) Tj ET Q q 0 0 0 rg BT 393.20 232.80 Td (The Company) Tj ET Q q 0 0 0 rg BT 458.88 232.80 Td (s unrealized losses on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.60 Td (U.S. government agency securities were caused by interest rate fluctuations. ) Tj ET Q q 0 0 0 rg BT 394.68 219.60 Td (The severity and duration of these ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.40 Td (unrealized losses will fluctuate with interest rates in the economy) Tj ET Q q 0 0 0 rg BT 340.73 206.40 Td (. Based on the credit quality of the issuers, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 193.20 Td (because it is the Company) Tj ET Q q 0 0 0 rg BT 172.53 193.20 Td (s intent to hold these securities until a market price recovery or maturity) Tj ET Q q 0 0 0 rg BT 488.88 193.20 Td (, and it is more ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 180.00 Td (likely than not that the Company will not be required to sell the securities before their anticipated recovery) Tj ET Q q 0 0 0 rg BT 522.77 180.00 Td (, the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.80 Td (Company does not consider these investments other than temporarily impaired.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 140.40 Td (Municipal ) Tj ET Q q 0 0 0 rg BT 101.96 140.40 Td (securities) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 114.00 Td (At December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 132.19 114.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 154.19 114.00 Td (, 19 securities had unrealized losses of $431,000. ) Tj ET Q q 0 0 0 rg BT 375.16 114.00 Td (The Company) Tj ET Q q 0 0 0 rg BT 440.85 114.00 Td (s unrealized losses on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 100.80 Td (municipal securities were caused by interest rate fluctuations. ) Tj ET Q q 0 0 0 rg BT 329.92 100.80 Td (The severity and duration of these unrealized losses ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 87.60 Td (will fluctuate with interest rates in the economy) Tj ET Q q 0 0 0 rg BT 263.14 87.60 Td (. Based on the credit quality of the issuers, and because it is the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 74.40 Td (Company) Tj ET Q q 0 0 0 rg BT 99.83 74.40 Td (s intent to hold these securities until a market price recovery or maturity) Tj ET Q q 0 0 0 rg BT 416.18 74.40 Td (, and it is more likely than not ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 61.20 Td (that the Company will not be required to sell the securities before their anticipated recovery) Tj ET Q q 0 0 0 rg BT 456.48 61.20 Td (, the Company does ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 48.00 Td (not consider these investments other than temporarily impaired.) Tj ET Q endstream endobj 121 0 obj <> endobj 122 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (58) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (Government-Sponsor) Tj ET Q q 0 0 0 rg BT 147.69 681.20 Td (ed Enterprises \(GSE\) mortgage-backed securities) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (At December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 132.19 654.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 154.19 654.80 Td (, three securities experienced a total unrealized loss of $82,000. ) Tj ET Q q 0 0 0 rg BT 438.67 654.80 Td (The Company) Tj ET Q q 0 0 0 rg BT 504.35 654.80 Td (s unrealized ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (losses on investments in federal agency mortgage-backed securities were caused by interest rate fluctuations. ) Tj ET Q q 0 0 0 rg BT 538.85 641.60 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (severity and duration of these unrealized losses will fluctuate with interest rates in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (economy) Tj ET Q q 0 0 0 rg BT 93.61 615.20 Td (. Because our mortgage-related securities are backed by FNMA) Tj ET Q q 0 0 0 rg BT 375.84 615.20 Td ( and FHLMC, which are GSEs, or are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (collateralized by securities backed by these agencies, and because it is the Company) Tj ET Q q 0 0 0 rg BT 427.55 602.00 Td (s intent to hold these ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (securities until a market price recovery or maturity) Tj ET Q q 0 0 0 rg BT 276.56 588.80 Td (, and it is more likely than not that the Company will not be ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (required to sell the securities before their anticipated recovery) Tj ET Q q 0 0 0 rg BT 325.72 575.60 Td (, the Company does not consider these investments ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (other than temporarily impaired. ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (T) Tj ET Q q 0 0 0 rg BT 59.51 536.00 Td (rust pr) Tj ET Q q 0 0 0 rg BT 88.75 536.00 Td (eferr) Tj ET Q q 0 0 0 rg BT 109.73 536.00 Td (ed and other corporate securities) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (At December 31, 2013, one security had an unrealized loss of $2,000. ) Tj ET Q q 0 0 0 rg BT 366.30 509.60 Td (The Company) Tj ET Q q 0 0 0 rg BT 431.98 509.60 Td (s unrealized losses on trust ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (preferred corporate securities were caused by interest rate fluctuations. ) Tj ET Q q 0 0 0 rg BT 370.51 496.40 Td (The severity and duration of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (unrealized loss will fluctuate with interest rates in the economy) Tj ET Q q 0 0 0 rg BT 331.56 483.20 Td (. Based on the credit quality of the issuer) Tj ET Q q 0 0 0 rg BT 513.80 483.20 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (because it is the Company) Tj ET Q q 0 0 0 rg BT 172.53 470.00 Td (s intent to hold the security until a market price recovery or maturity) Tj ET Q q 0 0 0 rg BT 473.00 470.00 Td (, and it is more ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (likely than not that the Company will not be required to sell the security before its anticipated recovery) Tj ET Q q 0 0 0 rg BT 506.29 456.80 Td (, the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (Company does not consider the investment other than temporarily impaired.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (Industrial r) Tj ET Q q 0 0 0 rg BT 104.02 417.20 Td (evenue bonds) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (At December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 132.19 390.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 154.19 390.80 Td (, 15 bond issuances had total unrealized losses of $12.75million. ) Tj ET Q q 0 0 0 rg BT 445.75 390.80 Td (The Company) Tj ET Q q 0 0 0 rg BT 511.43 390.80 Td (s ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (unrealized losses on industrial revenue bonds were caused by interest rate fluctuations. Based on the credit ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (quality of the issuers, and because it is the Company) Tj ET Q q 0 0 0 rg BT 288.01 364.40 Td (s intent to hold these bonds until a market price recovery or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (maturity) Tj ET Q q 0 0 0 rg BT 90.56 351.20 Td (, and it is more likely than not that the Company will not be required to sell the bonds before their ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (anticipated recovery) Tj ET Q q 0 0 0 rg BT 142.76 338.00 Td (, the Company does not consider these investments other than temporarily impaired.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (Other investments, including common stock) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (The Company had no unrealized losses in other investments or common stocks at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 479.84 285.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 501.84 285.20 Td (.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (Federal Home Loan Bank of ) Tj ET Q q 0 0 0 rg BT 182.42 258.80 Td (Atlanta \(FHLB\) stock) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 232.40 Td (The Company is required to maintain an investment in the capital stock of the FHLB. ) Tj ET Q q 0 0 0 rg BT 435.36 232.40 Td (The FHLB stock is stated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 219.20 Td (at cost, as this is a restricted security without a readily determinable fair value. ) Tj ET Q q 0 0 0 rg BT 404.76 219.20 Td (The Company had $23.07million ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.00 Td (and $23.22million of FHLB stock at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 284.04 206.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 306.04 206.00 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 327.43 206.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 349.43 206.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 407.35 206.00 Td (. Based on the Company) Tj ET Q q 0 0 0 rg BT 521.01 206.00 Td (s review ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.80 Td (of the credit quality of the institution, the institution) Tj ET Q q 0 0 0 rg BT 285.27 192.80 Td (s ability to repurchase shares, and the Company) Tj ET Q q 0 0 0 rg BT 498.50 192.80 Td (s carrying ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.60 Td (value in the shares, the Company does not consider this investment other than temporarily impaired.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 153.20 Td (NOTE ) Tj ET Q q 0 0 0 rg BT 87.92 153.20 Td (4: ) Tj ET Q q 0 0 0 rg BT 99.84 153.20 Td ( ) Tj ET Q q 0 0 0 rg BT 102.59 153.20 Td (LOANS ) Tj ET Q q 0 0 0 rg BT 142.63 153.20 Td (AND ) Tj ET Q q 0 0 0 rg BT 168.60 153.20 Td (ALLOW) Tj ET Q q 0 0 0 rg BT 209.56 153.20 Td (ANCE ) Tj ET Q q 0 0 0 rg BT 243.48 153.20 Td (FOR ) Tj ET Q q 0 0 0 rg BT 269.45 153.20 Td (LOAN ) Tj ET Q q 0 0 0 rg BT 303.98 153.20 Td (LOSSES) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.80 Td (The Company grants commercial, real estate, and consumer loans to customers throughout our lending area. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.60 Td (Although the Company has a diversified loan portfolio, a substantial portion of the Company) Tj ET Q q 0 0 0 rg BT 466.43 113.60 Td (s debtors) Tj ET Q q 0 0 0 rg BT 508.69 113.60 Td ( abilities to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 100.40 Td (honor their contracts is dependent upon the economic environment of the lending area. ) Tj ET Q endstream endobj 123 0 obj <> endobj 124 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (59) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (A) Tj ET Q q 0 0 0 rg BT 61.34 694.40 Td ( summary of loan balances by major classification \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 655.9 m 479.5 655.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 655.9 m 548.5 655.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 575.9 m 479.5 575.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 575.9 m 548.5 575.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 527.9 m 479.5 527.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 527.9 m 548.5 527.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 512.9 m 479.5 512.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 510.9 m 479.5 510.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 512.9 m 548.5 512.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 510.9 m 548.5 510.9 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 660.35 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.50 660.35 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.50 660.35 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 644.35 Td (Real estate loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 628.36 Td (1-4 family residential) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 628.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 628.36 Td (797,723) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 628.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 628.36 Td (754,593) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 612.36 Td (Commercial) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.00 612.36 Td (1,365,572) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 612.36 Td (1,231,819) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 596.36 Td (Construction and land development) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 596.36 Td (469,679) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 596.36 Td (618,562) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 580.36 Td (Multifamily) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 580.36 Td (53,562) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 580.36 Td (57,831) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 95.00 564.36 Td (Total real estate loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.00 564.36 Td (2,686,536) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 564.36 Td (2,662,805) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 548.35 Td (Commercial and industrial business) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 548.36 Td (500,755) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 548.36 Td (427,994) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 532.35 Td (Consumer loans and other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 532.36 Td (48,698) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 532.36 Td (42,708) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 516.35 Td (Loans, net of unearned income and deferred costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 516.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 440.00 516.36 Td (3,235,989) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 516.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 516.36 Td (3,133,507) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 485.40 Td (Unearned loan income was $2.39million in excess of deferred loan costs at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 453.84 485.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 475.84 485.40 Td (, $2.47million at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 472.20 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 472.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 472.20 Td (, and $2.02million at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 301.74 472.20 Td (201) Tj ET Q q 0 0 0 rg BT 317.83 472.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 323.33 472.20 Td (. ) Tj ET Q q 0 0 0 rg BT 331.38 472.20 Td (There were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 383.90 472.20 Td ($12.75 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 448.68 472.20 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 454.18 472.20 Td ($40.69 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 518.96 472.20 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 459.00 Td ($55.80million in nonaccrual loans at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 284.94 459.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 306.94 459.00 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 312.44 459.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 334.44 459.00 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 358.57 459.00 Td (201) Tj ET Q q 0 0 0 rg BT 374.66 459.00 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 380.16 459.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 438.09 459.00 Td (. ) Tj ET Q q 0 0 0 rg BT 446.14 459.00 Td (The Company would ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 445.80 Td (have earned $221,000 in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 164.88 445.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 186.88 445.80 Td (, $1.07million in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 265.72 445.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 287.72 445.80 Td (, and $2.72million in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 385.19 445.80 Td (201) Tj ET Q q 0 0 0 rg BT 401.28 445.80 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 406.78 445.80 Td (, if interest on the loans had been ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 432.60 Td (accrued. Of total loans, $769.71million was pledged as collateral to secure overnight borrowings with the FHLB, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 419.40 Td (and $62.64million was pledged to secure borrowings from the discount window at the FRB at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 406.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 76.00 406.20 Td (.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 379.80 Td (Allowance ) Tj ET Q q 0 0 0 rg BT 103.18 379.80 Td (for ) Tj ET Q q 0 0 0 rg BT 118.77 379.80 Td (Loan ) Tj ET Q q 0 0 0 rg BT 144.14 379.80 Td (Losses) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 353.40 Td (The total allowance reflects management) Tj ET Q q 0 0 0 rg BT 237.86 353.40 Td (s estimate of loan losses inherent in the loan portfolio at the balance ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 340.20 Td (sheet date. ) Tj ET Q q 0 0 0 rg BT 105.72 340.20 Td (While portions of the allowance are attributed to specific portfolio segments, the entire allowance is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 327.00 Td (available to absorb credit losses inherent in the total loan portfolio. ) Tj ET Q q 0 0 0 rg BT 353.47 327.00 Td (The Company considers the allowance for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 313.80 Td (loan losses of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 116.63 313.80 Td ($38.38 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 181.41 313.80 Td ( adequate to cover loan losses inherent in the loan portfolio at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 519.55 313.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 541.55 313.80 Td (.) Tj ET Q endstream endobj 125 0 obj <> endobj 126 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (60) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The following table presents, by portfolio segment, the changes in the allowance for loan losses for the years ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 147.46 681.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 169.46 681.20 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 174.96 681.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 196.96 681.20 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 221.09 681.20 Td (201) Tj ET Q q 0 0 0 rg BT 237.18 681.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 242.68 681.20 Td ( \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 617.5 m 229.5 617.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 617.5 m 287.5 617.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 617.5 m 335.5 617.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 617.5 m 389.5 617.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 617.5 m 448.5 617.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 617.5 m 500.5 617.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 617.5 m 548.5 617.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 538.5 m 229.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 538.5 m 287.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 538.5 m 335.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 538.5 m 389.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 538.5 m 448.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 538.5 m 500.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 538.5 m 548.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 538.5 m 229.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 525.5 m 229.5 525.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 523.5 m 229.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 538.5 m 287.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 525.5 m 287.5 525.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 523.5 m 287.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 538.5 m 335.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 525.5 m 335.5 525.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 523.5 m 335.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 538.5 m 389.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 525.5 m 389.5 525.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 523.5 m 389.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 538.5 m 448.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 525.5 m 448.5 525.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 523.5 m 448.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 538.5 m 500.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 525.5 m 500.5 525.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 523.5 m 500.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 538.5 m 548.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 525.5 m 548.5 525.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 523.5 m 548.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 417.5 m 229.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 417.5 m 287.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 417.5 m 335.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 417.5 m 389.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 417.5 m 448.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 417.5 m 500.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 417.5 m 548.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 417.5 m 229.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 404.5 m 229.5 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 402.5 m 229.5 402.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 417.5 m 287.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 404.5 m 287.5 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 402.5 m 287.5 402.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 417.5 m 335.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 404.5 m 335.5 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 402.5 m 335.5 402.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 417.5 m 389.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 404.5 m 389.5 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 402.5 m 389.5 402.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 417.5 m 448.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 404.5 m 448.5 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 402.5 m 448.5 402.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 417.5 m 500.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 404.5 m 500.5 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 402.5 m 500.5 402.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 417.5 m 548.5 417.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 404.5 m 548.5 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 402.5 m 548.5 402.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 296.5 m 229.5 296.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 296.5 m 287.5 296.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 296.5 m 335.5 296.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 296.5 m 389.5 296.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 296.5 m 448.5 296.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 296.5 m 500.5 296.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 296.5 m 548.5 296.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 296.5 m 229.5 296.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 283.5 m 229.5 283.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 281.5 m 229.5 281.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 296.5 m 287.5 296.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 283.5 m 287.5 283.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 281.5 m 287.5 281.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 296.5 m 335.5 296.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 283.5 m 335.5 283.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 281.5 m 335.5 281.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 296.5 m 389.5 296.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 283.5 m 389.5 283.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 281.5 m 389.5 281.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 296.5 m 448.5 296.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 283.5 m 448.5 283.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 281.5 m 448.5 281.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 296.5 m 500.5 296.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 283.5 m 500.5 283.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 281.5 m 500.5 281.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 296.5 m 548.5 296.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 283.5 m 548.5 283.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 281.5 m 548.5 281.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 621.95 Td (December 31, 2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 174.20 639.95 Td (Construction) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 180.85 630.95 Td (and Land) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 174.25 621.95 Td (Development) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 236.30 630.95 Td (Commercial) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 238.10 621.95 Td (Real Estate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 300.75 648.90 Td (Multi-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 299.50 639.90 Td (Family) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 304.25 630.90 Td (Real) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 301.00 621.90 Td (Estate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 343.35 639.95 Td (1-4 Family) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 342.45 630.95 Td (Residential) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 342.10 621.95 Td (Real Estate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 396.80 648.90 Td (Commercial) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.20 639.90 Td (and) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.20 630.90 Td (Industrial) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 403.95 621.90 Td (Business) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 456.05 639.95 Td (Consumer) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.85 630.95 Td (Loans and) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 464.55 621.95 Td (Other) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 516.15 621.95 Td (Total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 607.96 Td (Allowance for loan losses:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 593.96 Td (Balance, beginning of year) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 173.00 593.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 201.25 593.96 Td (11,691) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.00 593.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.25 593.96 Td (12,521) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 593.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.50 593.96 Td (589) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.00 593.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 361.25 593.96 Td (10,722) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.00 593.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.75 593.96 Td (4,378) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 593.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 593.96 Td (526) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.00 593.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 593.96 Td (40,427) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 579.96 Td (Provision charged to) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 570.96 Td (expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 202.75 570.96 Td (\(2,399) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 226.00 570.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.75 570.96 Td (1,161) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.50 570.96 Td (124) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.75 570.96 Td (3,945) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.50 570.96 Td (907) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 570.96 Td (510) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 570.96 Td (4,248) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 556.96 Td (Losses charged off) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 202.75 556.96 Td (\(1,734) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 226.00 556.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 267.50 556.96 Td (\(396) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.00 556.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.00 556.96 Td (\(14) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 332.00 556.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.75 556.96 Td (\(4,402) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.00 556.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 421.75 556.96 Td (\(1,040) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.00 556.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.50 556.96 Td (\(397) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 497.00 556.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.75 556.96 Td (\(7,983) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 556.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 542.96 Td (Recoveries) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 212.50 542.96 Td (367) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 270.50 542.96 Td (335) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.00 542.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.50 542.96 Td (465) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.50 542.96 Td (466) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.00 542.96 Td (55) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 542.96 Td (1,688) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 528.96 Td (Balance, end of year) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 173.00 528.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 205.75 528.96 Td (7,925) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.00 528.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.25 528.96 Td (13,621) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 528.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.50 528.96 Td (699) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.00 528.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 361.25 528.96 Td (10,730) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.00 528.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.75 528.96 Td (4,711) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 528.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 528.96 Td (694) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.00 528.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 528.96 Td (38,380) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 500.95 Td (December 31, 2012) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 486.96 Td (Allowance for loan losses:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 472.96 Td (Balance, beginning of year) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 173.00 472.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 201.25 472.96 Td (13,623) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.00 472.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.25 472.96 Td (10,578) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 472.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.50 472.96 Td (395) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.00 472.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 361.25 472.96 Td (10,837) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.00 472.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.75 472.96 Td (3,842) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 472.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 472.96 Td (465) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.00 472.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 472.96 Td (39,740) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 458.96 Td (Provision charged to) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 449.96 Td (expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 205.75 449.96 Td (4,003) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.75 449.96 Td (5,178) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.50 449.96 Td (539) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.75 449.96 Td (3,665) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.75 449.96 Td (2,261) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 449.96 Td (509) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 449.96 Td (16,155) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 435.96 Td (Losses charged off) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 202.75 435.96 Td (\(5,989) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 226.00 435.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 260.75 435.96 Td (\(3,295) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.00 435.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 315.50 435.96 Td (\(345) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 332.00 435.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.75 435.96 Td (\(4,640) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.00 435.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 421.75 435.96 Td (\(1,791) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.00 435.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.50 435.96 Td (\(504) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 497.00 435.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 517.25 435.96 Td (\(16,564) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 435.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 421.96 Td (Recoveries) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 217.00 421.96 Td (54) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.00 421.96 Td (60) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.00 421.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.50 421.96 Td (860) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.00 421.96 Td (66) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.00 421.96 Td (56) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 421.96 Td (1,096) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 407.96 Td (Balance, end of year) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 173.00 407.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 201.25 407.96 Td (11,691) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.00 407.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.25 407.96 Td (12,521) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 407.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.50 407.96 Td (589) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.00 407.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 361.25 407.96 Td (10,722) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.00 407.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.75 407.96 Td (4,378) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 407.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 407.96 Td (526) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.00 407.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 407.96 Td (40,427) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 379.95 Td (December 31, 2011) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 365.96 Td (Allowance for loan losses:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 351.96 Td (Balance, beginning of year) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 173.00 351.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 201.25 351.96 Td (10,984) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.00 351.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.25 351.96 Td (12,827) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 351.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.50 351.96 Td (557) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.00 351.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.75 351.96 Td (9,543) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.00 351.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.75 351.96 Td (4,008) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 351.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 351.96 Td (741) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.00 351.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 351.96 Td (38,660) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 337.96 Td (Provision charged to) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 328.96 Td (expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 205.75 328.96 Td (9,350) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 260.75 328.96 Td (\(1,171) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.00 328.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 315.50 328.96 Td (\(165) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 332.00 328.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.75 328.96 Td (5,785) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.00 328.96 Td (88) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.50 328.96 Td (\(285) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 497.00 328.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 328.96 Td (13,602) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 314.96 Td (Losses charged off) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 202.75 314.96 Td (\(7,562) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 226.00 314.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 260.75 314.96 Td (\(1,093) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.00 314.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.00 314.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.75 314.96 Td (\(4,837) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.00 314.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 428.50 314.96 Td (\(374) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.00 314.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.50 314.96 Td (\(318) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 497.00 314.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 517.25 314.96 Td (\(14,184) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 314.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 300.96 Td (Recoveries) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 212.50 300.96 Td (851) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.00 300.96 Td (15) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.50 300.96 Td (3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.50 300.96 Td (346) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.50 300.96 Td (120) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 300.96 Td (327) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 300.96 Td (1,662) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 286.96 Td (Balance, end of year) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 173.00 286.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 201.25 286.96 Td (13,623) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.00 286.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.25 286.96 Td (10,578) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 286.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.50 286.96 Td (395) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.00 286.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 361.25 286.96 Td (10,837) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.00 286.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.75 286.96 Td (3,842) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 286.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 286.96 Td (465) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.00 286.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 286.96 Td (39,740) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 127 0 obj <> endobj 128 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (61) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The following table presents, by portfolio segment, the allocation of the allowance for loan losses at December ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 70.50 681.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 92.50 681.20 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 113.88 681.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 135.88 681.20 Td ( \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 619.7 m 229.5 619.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 619.7 m 287.5 619.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 619.7 m 335.5 619.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 619.7 m 389.5 619.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 619.7 m 448.5 619.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 619.7 m 500.5 619.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 619.7 m 548.5 619.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 550.7 m 229.5 550.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 537.7 m 229.5 537.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 535.7 m 229.5 535.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 550.7 m 287.5 550.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 537.7 m 287.5 537.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 535.7 m 287.5 535.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 550.7 m 335.5 550.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 537.7 m 335.5 537.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 535.7 m 335.5 535.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 550.7 m 389.5 550.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 537.7 m 389.5 537.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 535.7 m 389.5 535.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 550.7 m 448.5 550.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 537.7 m 448.5 537.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 535.7 m 448.5 535.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 550.7 m 500.5 550.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 537.7 m 500.5 537.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 535.7 m 500.5 535.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 550.7 m 548.5 550.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 537.7 m 548.5 537.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 535.7 m 548.5 535.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 439.7 m 229.5 439.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 426.7 m 229.5 426.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170.5 424.7 m 229.5 424.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 439.7 m 287.5 439.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 426.7 m 287.5 426.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 233.5 424.7 m 287.5 424.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 439.7 m 335.5 439.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 426.7 m 335.5 426.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 424.7 m 335.5 424.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 439.7 m 389.5 439.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 426.7 m 389.5 426.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 424.7 m 389.5 424.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 439.7 m 448.5 439.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 426.7 m 448.5 426.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 424.7 m 448.5 424.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 439.7 m 500.5 439.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 426.7 m 500.5 426.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 424.7 m 500.5 424.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 439.7 m 548.5 439.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 426.7 m 548.5 426.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504.5 424.7 m 548.5 424.7 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 624.15 Td (December 31, 2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 174.20 642.15 Td (Construction) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 180.85 633.15 Td (and Land) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 174.25 624.15 Td (Development) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 236.30 633.15 Td (Commercial) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 238.10 624.15 Td (Real Estate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 300.75 650.10 Td (Multi-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 299.50 641.10 Td (Family) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 304.25 632.10 Td (Real) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 301.00 623.10 Td (Estate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 343.35 642.15 Td (1-4 Family) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 342.45 633.15 Td (Residential) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 342.10 624.15 Td (Real Estate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 396.80 650.10 Td (Commercial) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.20 641.10 Td (and) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.20 632.10 Td (Industrial) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 403.95 623.10 Td (Business) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 456.05 642.15 Td (Consumer) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.85 633.15 Td (Loans and) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 464.55 624.15 Td (Other) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 516.15 624.15 Td (Total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 610.16 Td (Period-end balance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 601.16 Td (allocated to:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 587.16 Td (Loans individually) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 578.16 Td (evaluated for impairment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 173.00 578.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 212.50 578.16 Td (915) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.00 578.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.75 578.16 Td (1,440) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 578.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.00 578.16 Td (77) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.00 578.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.75 578.16 Td (1,994) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.00 578.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.50 578.16 Td (352) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 578.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.00 578.16 Td (29) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.00 578.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 578.16 Td (4,807) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 564.16 Td (Loans collectively) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 555.16 Td (evaluated for impairment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 205.75 555.16 Td (7,010) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.25 555.16 Td (12,181) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.50 555.16 Td (622) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.75 555.16 Td (8,736) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.75 555.16 Td (4,359) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 555.16 Td (665) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 555.16 Td (33,573) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 541.16 Td (Balance, end of year) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 173.00 541.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 205.75 541.16 Td (7,925) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.00 541.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.25 541.16 Td (13,621) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 541.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.50 541.16 Td (699) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.00 541.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 361.25 541.16 Td (10,730) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.00 541.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.75 541.16 Td (4,711) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 541.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 541.16 Td (694) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.00 541.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 541.16 Td (38,380) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 513.15 Td (December 31, 2012) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 499.16 Td (Period-end balance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 490.16 Td (allocated to:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 476.16 Td (Loans individually) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 467.16 Td (evaluated for impairment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 173.00 467.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 205.75 467.16 Td (1,544) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.00 467.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 270.50 467.16 Td (978) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 467.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.00 467.16 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.00 467.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.75 467.16 Td (1,246) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.00 467.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.00 467.16 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 467.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 467.16 Td (185) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.00 467.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 467.16 Td (3,953) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 453.16 Td (Loans collectively) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 444.16 Td (evaluated for impairment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 201.25 444.16 Td (10,147) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.25 444.16 Td (11,543) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.50 444.16 Td (589) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.75 444.16 Td (9,476) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.75 444.16 Td (4,378) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 444.16 Td (341) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 444.16 Td (36,474) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 430.16 Td (Balance, end of year) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 173.00 430.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 201.25 430.16 Td (11,691) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.00 430.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.25 430.16 Td (12,521) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 430.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.50 430.16 Td (589) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 342.00 430.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 361.25 430.16 Td (10,722) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.00 430.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 424.75 430.16 Td (4,378) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.00 430.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.50 430.16 Td (526) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.00 430.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 430.16 Td (40,427) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 399.80 Td (The following table presents, by portfolio segment, the Company) Tj ET Q q 0 0 0 rg BT 344.22 399.80 Td (s investment in loans \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 173.5 336.29999999999995 m 232.5 336.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 336.29999999999995 m 290.5 336.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 336.29999999999995 m 334.5 336.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 336.29999999999995 m 388.5 336.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 336.29999999999995 m 444.5 336.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 336.29999999999995 m 496.5 336.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 336.29999999999995 m 548.5 336.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 173.5 240.29999999999995 m 232.5 240.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 173.5 227.29999999999995 m 232.5 227.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 173.5 225.29999999999995 m 232.5 225.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 240.29999999999995 m 290.5 240.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 227.29999999999995 m 290.5 227.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 225.29999999999995 m 290.5 225.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 240.29999999999995 m 334.5 240.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 227.29999999999995 m 334.5 227.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 225.29999999999995 m 334.5 225.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 240.29999999999995 m 388.5 240.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 227.29999999999995 m 388.5 227.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 225.29999999999995 m 388.5 225.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 240.29999999999995 m 444.5 240.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 227.29999999999995 m 444.5 227.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 225.29999999999995 m 444.5 225.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 240.29999999999995 m 496.5 240.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 227.29999999999995 m 496.5 227.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 225.29999999999995 m 496.5 225.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 240.29999999999995 m 548.5 240.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 227.29999999999995 m 548.5 227.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 225.29999999999995 m 548.5 225.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 173.5 98.29999999999995 m 232.5 98.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 173.5 85.29999999999995 m 232.5 85.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 173.5 83.29999999999995 m 232.5 83.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 98.29999999999995 m 290.5 98.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 85.29999999999995 m 290.5 85.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 83.29999999999995 m 290.5 83.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 98.29999999999995 m 334.5 98.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 85.29999999999995 m 334.5 85.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 83.29999999999995 m 334.5 83.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 98.29999999999995 m 388.5 98.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 85.29999999999995 m 388.5 85.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 83.29999999999995 m 388.5 83.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 98.29999999999995 m 444.5 98.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 85.29999999999995 m 444.5 85.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 83.29999999999995 m 444.5 83.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 98.29999999999995 m 496.5 98.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 85.29999999999995 m 496.5 85.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 83.29999999999995 m 496.5 83.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 98.29999999999995 m 548.5 98.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 85.29999999999995 m 548.5 85.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 83.29999999999995 m 548.5 83.29999999999995 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 340.75 Td (December 31, 2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 177.20 358.75 Td (Construction) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 183.85 349.75 Td (and Land) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 177.25 340.75 Td (Development) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 239.30 349.75 Td (Commercial) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 241.10 340.75 Td (Real Estate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 301.75 367.75 Td (Multi-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 300.50 358.75 Td (Family) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 305.25 349.75 Td (Real) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 302.00 340.75 Td (Estate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 342.35 358.75 Td (1-4 Family) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 341.45 349.75 Td (Residential) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 341.10 340.75 Td (Real Estate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 395.55 367.75 Td (Commercia) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.35 358.75 Td (l and) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 398.70 349.75 Td (Industrial) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 401.45 340.75 Td (Business) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 452.05 358.75 Td (Consumer) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 451.85 349.75 Td (Loans and) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 460.55 340.75 Td (Other) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.15 340.75 Td (Total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 317.76 Td (Ending balance: individually) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 308.76 Td (evaluated for impairment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 176.00 308.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 204.25 308.76 Td (15,820) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.00 308.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 262.25 308.76 Td (22,069) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 297.00 308.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.50 308.76 Td (965) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.00 308.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.25 308.76 Td (19,251) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.00 308.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.50 308.76 Td (873) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.00 308.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.50 308.76 Td (189) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 308.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 308.76 Td (59,167) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 285.76 Td (Ending balance: collectively) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 276.76 Td (evaluated for impairment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 199.75 276.76 Td (452,868) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 251.00 276.76 Td (1,341,043) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.25 276.76 Td (52,597) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.75 276.76 Td (774,890) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 411.75 276.76 Td (498,985) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.25 276.76 Td (48,509) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 276.76 Td (3,168,892) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 262.76 Td (Ending balance: loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 253.76 Td (acquired with deteriorated) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 244.76 Td (credit quality) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 215.50 244.76 Td (991) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 266.75 244.76 Td (2,460) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.00 244.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.75 244.76 Td (3,582) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.50 244.76 Td (897) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.00 244.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 244.76 Td (7,930) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 230.76 Td (Ending Balance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 176.00 230.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 199.75 230.76 Td (469,679) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.00 230.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 251.00 230.76 Td (1,365,572) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 297.00 230.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.25 230.76 Td (53,562) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.00 230.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.75 230.76 Td (797,723) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.00 230.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 411.75 230.76 Td (500,755) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.00 230.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.25 230.76 Td (48,698) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 230.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 230.76 Td (3,235,989) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 202.75 Td (December 31, 2012) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 179.76 Td (Ending balance: individually) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 170.76 Td (evaluated for impairment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 176.00 170.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 204.25 170.76 Td (41,243) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.00 170.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 262.25 170.76 Td (24,201) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 297.00 170.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.00 170.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.00 170.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.25 170.76 Td (16,224) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.00 170.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.50 170.76 Td (626) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.00 170.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 479.50 170.76 Td (450) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 170.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 170.76 Td (82,744) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 147.76 Td (Ending balance: collectively) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 138.76 Td (evaluated for impairment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 199.75 138.76 Td (575,806) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 251.00 138.76 Td (1,203,916) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.25 138.76 Td (57,637) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.75 138.76 Td (734,165) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 411.75 138.76 Td (427,368) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.25 138.76 Td (42,258) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 138.76 Td (3,041,150) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 120.76 Td (Ending balance: loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 111.76 Td (acquired with deteriorated) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 102.76 Td (credit quality) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 208.75 102.76 Td (1,513) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 266.75 102.76 Td (2,720) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.50 102.76 Td (194) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 364.75 102.76 Td (4,204) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.50 102.76 Td (982) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 484.00 102.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 102.76 Td (9,613) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 88.76 Td (Ending Balance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 176.00 88.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 199.75 88.76 Td (618,562) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.00 88.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 251.00 88.76 Td (1,230,837) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 297.00 88.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.25 88.76 Td (57,831) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.00 88.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.75 88.76 Td (754,593) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 395.00 88.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 411.75 88.76 Td (428,976) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.00 88.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.25 88.76 Td (42,708) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 88.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 88.76 Td (3,133,507) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 129 0 obj <> endobj 130 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (62) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (Loans acquired in a transfer) Tj ET Q q 0 0 0 rg BT 176.34 694.40 Td (, including business combinations, where there is evidence of credit deterioration ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (since origination and it is probable at the date of acquisition that we will not collect all contractually required ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (principal and interest payments, are accounted for as purchased impaired loans. Purchased impaired loans are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (initially recorded at fair value, which includes estimated future credit losses expected to be incurred over the life ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (of the loan. ) Tj ET Q q 0 0 0 rg BT 108.68 641.60 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 162.95 641.60 Td (, the historical allowance for credit losses related to these loans is not carried over) Tj ET Q q 0 0 0 rg BT 522.47 641.60 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (Accounting for purchased impaired loans involves estimating fair value, at acquisition, using the principal and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (interest cash flows expected to be collected discounted at the prevailing market rate of interest. ) Tj ET Q q 0 0 0 rg BT 476.83 602.00 Td (The excess of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (cash flows expected to be collected over the estimated fair value at acquisition date is referred to as the accretable ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (yield and is recognized in interest income using an ef) Tj ET Q q 0 0 0 rg BT 288.09 575.60 Td (fective yield method over the remaining life of the loans. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (The dif) Tj ET Q q 0 0 0 rg BT 85.87 562.40 Td (ference between contractually-required payments and the cash flows expected to be collected at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (acquisition, considering the impact of prepayments, is referred to as the nonaccretable dif) Tj ET Q q 0 0 0 rg BT 447.21 549.20 Td (ference.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (Changes in the carrying amount and accretable yield for purchased impaired and nonimpaired loans were as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (follows for the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 240.93 509.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 262.93 509.60 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 284.31 509.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 306.31 509.60 Td ( \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 152.5 473.1 m 200.5 473.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200.5 473.1 m 204.5 473.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 204.5 473.1 m 249.5 473.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 473.1 m 253.5 473.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 473.1 m 301.5 473.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 473.1 m 305.5 473.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 473.1 m 347.5 473.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 473.1 m 400.5 473.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 473.1 m 404.5 473.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 473.1 m 447.5 473.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 473.1 m 451.5 473.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 473.1 m 502.5 473.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 473.1 m 506.5 473.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 473.1 m 548.5 473.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 152.5 450.1 m 200.5 450.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 200.5 450.1 m 204.5 450.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 204.5 450.1 m 249.5 450.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 450.1 m 301.5 450.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 450.1 m 305.5 450.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 450.1 m 347.5 450.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 450.1 m 400.5 450.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400.5 450.1 m 404.5 450.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 450.1 m 447.5 450.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 450.1 m 502.5 450.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 450.1 m 506.5 450.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 450.1 m 548.5 450.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 152.5 419.1 m 200.5 419.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 204.5 419.1 m 249.5 419.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 419.1 m 301.5 419.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 419.1 m 347.5 419.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 419.1 m 400.5 419.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 419.1 m 447.5 419.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 419.1 m 502.5 419.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 419.1 m 548.5 419.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 152.5 336.1 m 200.5 336.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 152.5 314.1 m 200.5 314.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 152.5 312.1 m 200.5 312.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 204.5 336.1 m 249.5 336.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 204.5 314.1 m 249.5 314.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 204.5 312.1 m 249.5 312.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 336.1 m 301.5 336.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 314.1 m 301.5 314.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 253.5 312.1 m 301.5 312.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 336.1 m 347.5 336.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 314.1 m 347.5 314.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 312.1 m 347.5 312.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 336.1 m 400.5 336.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 314.1 m 400.5 314.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 312.1 m 400.5 312.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 336.1 m 447.5 336.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 314.1 m 447.5 314.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 312.1 m 447.5 312.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 336.1 m 502.5 336.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 314.1 m 502.5 314.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 312.1 m 502.5 312.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 336.1 m 548.5 336.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 314.1 m 548.5 314.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 312.1 m 548.5 312.1 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 213.20 477.55 Td (December 31, 2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.20 477.55 Td (December 31, 2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 161.25 454.55 Td (Purchased Impaired) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 279.80 463.55 Td (Purchased) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 274.55 454.55 Td (Nonimpaired) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 359.75 454.55 Td (Purchased Impaired) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 479.30 463.55 Td (Purchased) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 474.05 454.55 Td (Nonimpaired) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 155.30 432.55 Td (Accretable) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 165.90 423.55 Td (Yield) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 208.75 441.50 Td (Carrying ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 210.70 432.50 Td (Amount ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 209.85 423.50 Td (of Loans) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 256.30 432.55 Td (Accretable) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 266.90 423.55 Td (Yield) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 308.25 441.50 Td (Carrying ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 310.20 432.50 Td (Amount ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 309.35 423.50 Td (of Loans) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 354.80 432.55 Td (Accretable) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 365.40 423.55 Td (Yield) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 407.75 441.50 Td (Carrying ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 409.70 432.50 Td (Amount ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 408.85 423.50 Td (of Loans) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.80 432.55 Td (Accretable) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 466.40 423.55 Td (Yield) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 509.25 441.50 Td (Carrying ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.20 432.50 Td (Amount ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 510.35 423.50 Td (of Loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 409.56 Td (Balance at beginning) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 400.56 Td (of period) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 155.00 400.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 183.50 400.56 Td (992) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 207.00 400.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 225.75 400.56 Td (9,613) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 256.00 400.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 277.75 400.56 Td (4,241) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.00 400.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 319.25 400.56 Td (33,757) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 354.00 400.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 376.75 400.56 Td (2,134) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 400.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 419.25 400.56 Td (13,009) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.00 400.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.75 400.56 Td (7,408) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 400.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 400.56 Td (45,440) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 386.56 Td (Accretion) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 180.50 386.56 Td (\(737) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 197.00 386.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.50 386.56 Td (737) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 274.75 386.56 Td (\(2,210) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.00 386.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.75 386.56 Td (2,210) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 373.75 386.56 Td (\(1,142) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 386.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.75 386.56 Td (1,142) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 475.75 386.56 Td (\(3,167) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 499.00 386.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 386.56 Td (3,167) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 372.56 Td (Reclassifications from) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 363.56 Td (nonaccretable) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 354.56 Td (balance, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 176.75 354.56 Td (2,545) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 237.00 354.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 277.75 354.56 Td (2,402) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 335.00 354.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.00 354.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 435.00 354.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 354.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 354.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 340.56 Td (Payments received, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 188.00 340.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 222.75 340.56 Td (\(2,420) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 246.00 340.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 289.00 340.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 320.75 340.56 Td (\(7,802) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 344.00 340.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.00 340.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 420.75 340.56 Td (\(4,538) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 444.00 340.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 340.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 517.25 340.56 Td (\(14,850) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 340.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 326.56 Td (Balance at end of) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 317.56 Td (period) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 155.00 317.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 176.75 317.56 Td (2,800) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 207.00 317.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 225.75 317.56 Td (7,930) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 256.00 317.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 277.75 317.56 Td (4,433) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 308.00 317.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 319.25 317.56 Td (28,165) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 354.00 317.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.50 317.56 Td (992) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 317.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.75 317.56 Td (9,613) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.00 317.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.75 317.56 Td (4,241) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 317.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 317.56 Td (33,757) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 287.20 Td (At December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 132.19 287.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 154.19 287.20 Td (, none of the purchased loans were classified as nonperforming assets. ) Tj ET Q q 0 0 0 rg BT 468.01 287.20 Td (Therefore, interest ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 274.00 Td (income, through accretion of the dif) Tj ET Q q 0 0 0 rg BT 212.02 274.00 Td (ference between the carrying amount of the loans and the expected cash ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 260.80 Td (flows, is being recognized on all purchased loans. ) Tj ET Q q 0 0 0 rg BT 277.92 260.80 Td (Any decreases in cash flows expected to be collected \(other ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 247.60 Td (than due to decreases in interest rate indices and changes in prepayment assumptions\), will be char) Tj ET Q q 0 0 0 rg BT 488.16 247.60 Td (ged to the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 234.40 Td (provision for loan losses, resulting in an increase to the allowance for loan losses. ) Tj ET Q q 0 0 0 rg BT 418.24 234.40 Td (The outstanding unpaid ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 221.20 Td (principal balance for all purchased impaired loans and purchased nonimpaired loans as of December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 515.22 221.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 537.22 221.20 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 208.00 Td (was $10.64million and $28.30million, respectively) Tj ET Q q 0 0 0 rg BT 282.73 208.00 Td (.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 181.60 Td (Portfolio ) Tj ET Q q 0 0 0 rg BT 96.47 181.60 Td (Quality ) Tj ET Q q 0 0 0 rg BT 132.22 181.60 Td (Indicators) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 154.60 Td (The Company) Tj ET Q q 0 0 0 rg BT 119.68 154.60 Td (s portfolio grading analysis estimates the capability of the borrower to repay the contractual ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 141.40 Td (obligations of the loan agreements as scheduled or at all. ) Tj ET Q q 0 0 0 rg BT 308.56 141.40 Td (The Company) Tj ET Q q 0 0 0 rg BT 374.24 141.40 Td (s internal credit risk grading system is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 128.20 Td (based on numerous factors, including management) Tj ET Q q 0 0 0 rg BT 280.66 128.20 Td (s experiences with similarly graded loans. Credit risk grades ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 115.00 Td (on impaired credits are refreshed each quarter as they become available, at which time management analyzes the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 101.80 Td (resulting scores, as well as other external statistics and factors, to track loan performance. ) Tj ET Q endstream endobj 131 0 obj <> endobj 132 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (63) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The Company) Tj ET Q q 0 0 0 rg BT 119.68 694.40 Td (s internally assigned grades are as follows: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 668.00 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 668.00 Td (Pass Several pass credit grades comprise loans in this category) Tj ET Q q 0 0 0 rg BT 373.38 668.00 Td (, which are assigned based on varying ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 654.80 Td (levels of risk, ranging from credits that are secured by cash or marketable securities, to management ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 641.60 Td (attention credits which have all the characteristics of an acceptable credit risk but warrant more than the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 628.40 Td (normal level of monitoring.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 211.59 628.40 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 214.09 628.40 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 602.00 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 602.00 Td (Special Mention Loans in this category are considered to have potential weaknesses that deserve ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 588.80 Td (management) Tj ET Q q 0 0 0 rg BT 149.25 588.80 Td (s attention. ) Tj ET Q q 0 0 0 rg BT 202.83 588.80 Td (The borrower) Tj ET Q q 0 0 0 rg BT 263.40 588.80 Td () Tj ET Q q 0 0 0 rg BT 266.46 588.80 Td (s ability to repay from the primary \(intended\) sources is currently ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 575.60 Td (adequate, but threatened by potential weaknesses which may) Tj ET Q q 0 0 0 rg BT 356.86 575.60 Td (, if not corrected, result in the deterioration of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 562.40 Td (the repayment prospects for the asset or in the Company) Tj ET Q q 0 0 0 rg BT 340.79 562.40 Td (s credit position loss at some future date.) Tj ET Q BT /F2 11.50 Tf ET q 0 0 0 rg BT 72.00 535.40 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 535.40 Td (Substandard Loans in this category are considered to have increased credit risk and servicing needs and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 522.20 Td (generally require that the Company follow their performance very closely) Tj ET Q q 0 0 0 rg BT 413.97 522.20 Td (. ) Tj ET Q q 0 0 0 rg BT 422.02 522.20 Td (The borrower) Tj ET Q q 0 0 0 rg BT 482.59 522.20 Td () Tj ET Q q 0 0 0 rg BT 485.65 522.20 Td (s ability to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 509.00 Td (repay is threatened by a clearly defined weakness which jeopardizes ultimate repayment of the loan.) Tj ET Q BT /F2 11.50 Tf ET q 0 0 0 rg BT 72.00 482.00 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 482.00 Td (Doubtful Loans in this category are considered to be doubtful or a loss to the Company in terms of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 468.80 Td (principal and interest repayment. ) Tj ET Q q 0 0 0 rg BT 240.08 468.80 Td (The borrower) Tj ET Q q 0 0 0 rg BT 300.65 468.80 Td () Tj ET Q q 0 0 0 rg BT 303.71 468.80 Td (s ability to repay in full, on the basis of currently existing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 90.00 455.60 Td (facts, conditions, and values, is generally highly questionable and improbable.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 429.20 Td (The following tables represent consumer credit exposures by internally assigned grades for the years ended ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 416.00 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 416.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 416.00 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 161.82 416.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 183.82 416.00 Td ( \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156.5 352.5 m 218.5 352.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 222.5 352.5 m 278.5 352.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 352.5 m 329.5 352.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 352.5 m 384.5 352.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 352.5 m 446.5 352.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 352.5 m 497.5 352.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 352.5 m 548.5 352.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156.5 293.5 m 218.5 293.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 222.5 293.5 m 278.5 293.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 293.5 m 329.5 293.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 293.5 m 384.5 293.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 293.5 m 446.5 293.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 293.5 m 497.5 293.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 293.5 m 548.5 293.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156.5 280.5 m 218.5 280.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156.5 278.5 m 218.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 222.5 280.5 m 278.5 280.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 222.5 278.5 m 278.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 280.5 m 329.5 280.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 278.5 m 329.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 280.5 m 384.5 280.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 278.5 m 384.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 280.5 m 446.5 280.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 278.5 m 446.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 280.5 m 497.5 280.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 278.5 m 497.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 280.5 m 548.5 280.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 278.5 m 548.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156.5 225.5 m 218.5 225.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 222.5 225.5 m 278.5 225.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 225.5 m 329.5 225.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 225.5 m 384.5 225.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 225.5 m 446.5 225.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 225.5 m 497.5 225.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 225.5 m 548.5 225.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156.5 153.5 m 218.5 153.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 222.5 153.5 m 278.5 153.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 153.5 m 329.5 153.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 153.5 m 384.5 153.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 153.5 m 446.5 153.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 153.5 m 497.5 153.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 153.5 m 548.5 153.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156.5 140.5 m 218.5 140.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 156.5 138.5 m 218.5 138.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 222.5 140.5 m 278.5 140.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 222.5 138.5 m 278.5 138.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 140.5 m 329.5 140.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 138.5 m 329.5 138.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 140.5 m 384.5 140.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 138.5 m 384.5 138.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 140.5 m 446.5 140.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 138.5 m 446.5 138.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 140.5 m 497.5 140.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 138.5 m 497.5 138.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 140.5 m 548.5 140.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 138.5 m 548.5 138.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 356.95 Td (December 31, 2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 161.70 374.95 Td (Construction) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 168.35 365.95 Td (and Land) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 161.75 356.95 Td (Development) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 226.30 365.95 Td (Commercial) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 228.10 356.95 Td (Real Estate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 293.25 383.95 Td (Multi-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 292.00 374.95 Td (Family) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 296.75 365.95 Td (Real) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 293.50 356.95 Td (Estate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 337.85 374.95 Td (1-4 Family) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 336.95 365.95 Td (Residential) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 336.60 356.95 Td (Real Estate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 393.30 383.95 Td (Commercial) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 409.70 374.95 Td (and) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 397.70 365.95 Td (Industrial) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 400.45 356.95 Td (Business) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 453.55 374.95 Td (Consumer) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 453.35 365.95 Td (Loans and) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 462.05 356.95 Td (Other) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.65 356.95 Td (Total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 342.96 Td (Pass) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 159.00 342.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 185.75 342.96 Td (439,403) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 225.00 342.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.00 342.96 Td (1,334,228) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.00 342.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 342.96 Td (49,456) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.00 342.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 351.75 342.96 Td (774,466) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.00 342.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 342.96 Td (496,578) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 342.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.25 342.96 Td (48,175) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 504.00 342.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 342.96 Td (3,142,306) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 327.96 Td (Special Mention) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 190.25 327.96 Td (16,194) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 250.25 327.96 Td (11,276) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.00 327.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.75 327.96 Td (3,676) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 422.75 327.96 Td (1,210) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.50 327.96 Td (5) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 327.96 Td (32,361) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 312.96 Td (Substandard) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 190.25 312.96 Td (14,082) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 250.25 312.96 Td (20,068) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.75 312.96 Td (4,106) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.25 312.96 Td (19,581) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 422.75 312.96 Td (2,967) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.50 312.96 Td (518) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 312.96 Td (61,322) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 297.96 Td (Doubtful) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 206.00 297.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 266.00 297.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.00 297.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.00 297.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.00 297.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.00 297.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 297.96 Td () Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 99.15 283.95 Td (Total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 159.00 283.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 185.75 283.96 Td (469,679) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 225.00 283.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.00 283.96 Td (1,365,572) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.00 283.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 283.96 Td (53,562) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.00 283.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 351.75 283.96 Td (797,723) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.00 283.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 283.96 Td (500,755) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 283.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.25 283.96 Td (48,698) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 504.00 283.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 283.96 Td (3,235,989) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 229.95 Td (December 31, 2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 161.70 247.95 Td (Construction) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 168.35 238.95 Td (and Land) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 161.75 229.95 Td (Development) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 226.30 238.95 Td (Commercial) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 228.10 229.95 Td (Real Estate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 293.25 256.95 Td (Multi-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 292.00 247.95 Td (Family) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 296.75 238.95 Td (Real) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 293.50 229.95 Td (Estate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 337.85 247.95 Td (1-4 Family) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 336.95 238.95 Td (Residential) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 336.60 229.95 Td (Real Estate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 393.30 256.95 Td (Commercial) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 409.70 247.95 Td (and) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 397.70 238.95 Td (Industrial) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 400.45 229.95 Td (Business) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 453.55 247.95 Td (Consumer) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 453.35 238.95 Td (Loans and) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 462.05 229.95 Td (Other) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.65 229.95 Td (Total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 202.96 Td (Pass) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 159.00 202.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 185.75 202.96 Td (542,753) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 225.00 202.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.00 202.96 Td (1,185,841) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.00 202.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 202.96 Td (53,457) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.00 202.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 351.75 202.96 Td (729,817) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.00 202.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 202.96 Td (422,904) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 202.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.25 202.96 Td (41,794) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 504.00 202.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 202.96 Td (2,976,566) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 187.96 Td (Special Mention) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 190.25 187.96 Td (23,993) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 250.25 187.96 Td (23,931) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.75 187.96 Td (3,500) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.75 187.96 Td (6,643) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 422.75 187.96 Td (2,056) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 485.00 187.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 187.96 Td (60,123) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 172.96 Td (Substandard) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 190.25 172.96 Td (51,779) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 250.25 172.96 Td (22,047) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.50 172.96 Td (874) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 356.25 172.96 Td (17,715) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 422.75 172.96 Td (3,034) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.50 172.96 Td (913) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 172.96 Td (96,362) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 157.96 Td (Doubtful) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 206.00 157.96 Td (37) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 266.00 157.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.00 157.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 367.50 157.96 Td (418) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.00 157.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.50 157.96 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 157.96 Td (456) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 99.15 143.95 Td (Total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 159.00 143.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 185.75 143.96 Td (618,562) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 225.00 143.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.00 143.96 Td (1,231,819) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.00 143.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 301.25 143.96 Td (57,831) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.00 143.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 351.75 143.96 Td (754,593) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.00 143.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 143.96 Td (427,994) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 143.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.25 143.96 Td (42,708) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 504.00 143.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 143.96 Td (3,133,507) Tj ET Q BT /F2 10.00 Tf ET BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 113.60 Td (Age ) Tj ET Q q 0 0 0 rg BT 73.65 113.60 Td (Analysis of Past-Due Financing Receivables by Class) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 87.20 Td (The following table includes an aging analysis of the recorded investment of past-due financing receivables as of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 74.00 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 74.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 74.00 Td (. ) Tj ET Q q 0 0 0 rg BT 148.09 74.00 Td (Also included are loans that are 90 days or more past due as to interest and principal ) Tj ET Q endstream endobj 133 0 obj <> endobj 134 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (64) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (and still accruing, because they are \(1\) well-secured and in the process of collection, or \(2\) real estate loans or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (loans exempt under regulatory rules from being classified as nonaccrual. Purchased impaired loans are included ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (in the aging schedule, but are excluded from the disclosure of accruing loans more than 90 days past due as they ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (are considered to be accruing due to the existence of the accretable yield and not based on consideration given to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (contractual interest payments \(in thousands\).) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 251.03 641.60 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 141.5 559.1 m 183.5 559.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 559.1 m 232.5 559.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 559.1 m 278.5 559.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 559.1 m 334.5 559.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 559.1 m 395.5 559.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 559.1 m 446.5 559.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 559.1 m 502.5 559.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 559.1 m 548.5 559.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 141.5 418.1 m 183.5 418.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 418.1 m 232.5 418.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 418.1 m 278.5 418.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 418.1 m 334.5 418.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 418.1 m 395.5 418.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 418.1 m 446.5 418.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 418.1 m 502.5 418.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 418.1 m 548.5 418.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 141.5 405.1 m 183.5 405.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 141.5 403.1 m 183.5 403.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 405.1 m 232.5 405.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 403.1 m 232.5 403.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 405.1 m 278.5 405.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 403.1 m 278.5 403.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 405.1 m 334.5 405.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 403.1 m 334.5 403.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 405.1 m 395.5 405.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 403.1 m 395.5 403.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 405.1 m 446.5 405.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 403.1 m 446.5 403.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 405.1 m 502.5 405.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 403.1 m 502.5 403.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 405.1 m 548.5 405.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 403.1 m 548.5 403.1 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 150.20 590.55 Td (Loans ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 149.25 581.55 Td (30 - 59 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 152.45 572.55 Td (Days ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 144.85 563.55 Td (Past Due) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 197.70 590.55 Td (Loans ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 196.75 581.55 Td (60 - 89 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 199.95 572.55 Td (Days ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 192.35 563.55 Td (Past Due) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 245.20 599.55 Td (Loans ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 247.20 590.55 Td (90 or) Tj ET Q q 0 0 0 rg BT 266.78 590.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 246.55 581.55 Td (Mor) Tj ET Q q 0 0 0 rg BT 263.38 581.55 Td (e ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 247.45 572.55 Td (Days ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 239.85 563.55 Td (Past Due) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 285.75 572.55 Td (Nonaccrual) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 296.20 563.55 Td (Loans) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 347.25 581.55 Td (Total Past) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 350.35 572.55 Td (Due and) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 341.75 563.55 Td (Nonaccruing) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.80 572.55 Td (Current) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.70 563.55 Td (Loans) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 453.25 572.55 Td (Total Loans) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.25 563.55 Td (Receivable) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 509.25 608.55 Td (Accruing) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.20 599.55 Td (Loans) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 516.55 590.55 Td (More) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.10 581.55 Td (Than 90) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 517.45 572.55 Td (Days) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 509.85 563.55 Td (Past Due) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 549.55 Td (December 31, 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 536.35 Td (Construction and land) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 528.35 Td (development) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 144.00 528.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 166.50 528.56 Td (113) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 190.00 528.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 220.00 528.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.00 528.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 266.00 528.56 Td (28) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.00 528.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.75 528.56 Td (5,687) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.00 528.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.75 528.56 Td (5,828) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.00 528.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 528.56 Td (463,851) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 528.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.75 528.56 Td (469,679) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 528.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 528.56 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 515.35 Td (Commercial real) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 507.35 Td (estate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 159.75 507.56 Td (4,745) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 215.50 507.56 Td (190) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 266.00 507.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.75 507.56 Td (1,422) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.75 507.56 Td (6,357) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 507.56 Td (1,359,215) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.00 507.56 Td (1,365,572) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 507.56 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 493.35 Td (Multifamily real estate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 159.75 493.56 Td (3,611) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 220.00 493.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 266.00 493.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.50 493.56 Td (606) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.75 493.56 Td (4,217) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.25 493.56 Td (49,345) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.25 493.56 Td (53,562) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 493.56 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 480.35 Td (1-4 family residential) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 472.35 Td (real estate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 159.75 472.56 Td (4,723) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 215.50 472.56 Td (339) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 266.00 472.56 Td (30) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.75 472.56 Td (4,194) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.75 472.56 Td (9,286) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 472.56 Td (788,437) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.75 472.56 Td (797,723) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 472.56 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 459.35 Td (Commercial and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 451.35 Td (industrial business) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 443.35 Td (loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 171.00 443.56 Td (19) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 220.00 443.56 Td (31) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 266.00 443.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.50 443.56 Td (687) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 378.50 443.56 Td (737) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 443.56 Td (500,018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.75 443.56 Td (500,755) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 443.56 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 430.35 Td (Consumer loans and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 422.35 Td (other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 171.00 422.56 Td (77) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 224.50 422.56 Td (3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 266.00 422.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.50 422.56 Td (157) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 378.50 422.56 Td (237) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.25 422.56 Td (48,461) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.25 422.56 Td (48,698) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 422.56 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 65.00 408.33 Td (Total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 144.00 408.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 155.25 408.56 Td (13,288) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 190.00 408.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 215.50 408.56 Td (563) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.00 408.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 266.00 408.56 Td (58) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.00 408.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.25 408.56 Td (12,753) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.00 408.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 367.25 408.56 Td (26,662) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.00 408.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 408.56 Td (3,209,327) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 408.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.00 408.56 Td (3,235,989) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 408.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 408.56 Td () Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 141.5 322.1 m 183.5 322.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 322.1 m 232.5 322.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 322.1 m 278.5 322.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 322.1 m 334.5 322.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 322.1 m 395.5 322.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 322.1 m 446.5 322.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 322.1 m 502.5 322.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 322.1 m 548.5 322.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 141.5 181.10000000000002 m 183.5 181.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 181.10000000000002 m 232.5 181.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 181.10000000000002 m 278.5 181.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 181.10000000000002 m 334.5 181.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 181.10000000000002 m 395.5 181.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 181.10000000000002 m 446.5 181.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 181.10000000000002 m 502.5 181.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 181.10000000000002 m 548.5 181.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 141.5 168.10000000000002 m 183.5 168.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 141.5 166.10000000000002 m 183.5 166.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 168.10000000000002 m 232.5 168.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 187.5 166.10000000000002 m 232.5 166.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 168.10000000000002 m 278.5 168.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 166.10000000000002 m 278.5 166.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 168.10000000000002 m 334.5 168.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 166.10000000000002 m 334.5 166.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 168.10000000000002 m 395.5 168.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 166.10000000000002 m 395.5 166.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 168.10000000000002 m 446.5 168.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 166.10000000000002 m 446.5 166.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 168.10000000000002 m 502.5 168.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 166.10000000000002 m 502.5 166.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 168.10000000000002 m 548.5 168.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 166.10000000000002 m 548.5 166.10000000000002 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 150.20 353.55 Td (Loans ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 149.25 344.55 Td (30 - 59 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 152.45 335.55 Td (Days ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 144.85 326.55 Td (Past Due) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 197.70 353.55 Td (Loans ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 196.75 344.55 Td (60 - 89 ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 199.95 335.55 Td (Days ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 192.35 326.55 Td (Past Due) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 245.20 362.55 Td (Loans ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 247.20 353.55 Td (90 or) Tj ET Q q 0 0 0 rg BT 266.78 353.55 Td ( ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 246.55 344.55 Td (Mor) Tj ET Q q 0 0 0 rg BT 263.38 344.55 Td (e ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 247.45 335.55 Td (Days ) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 239.85 326.55 Td (Past Due) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 285.75 335.55 Td (Nonaccrual) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 296.20 326.55 Td (Loans) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 347.25 344.55 Td (Total Past) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 350.35 335.55 Td (Due and) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 341.75 326.55 Td (Nonaccruing) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.80 335.55 Td (Current) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 410.70 326.55 Td (Loans) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 453.25 335.55 Td (Total Loans) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 455.25 326.55 Td (Receivable) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 509.25 371.55 Td (Accruing) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 515.20 362.55 Td (Loans) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 516.55 353.55 Td (More) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 511.10 344.55 Td (Than 90) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 517.45 335.55 Td (Days) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 509.85 326.55 Td (Past Due) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 312.55 Td (December 31, 2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 299.35 Td (Construction and land) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 291.35 Td (development) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 144.00 291.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 166.50 291.56 Td (311) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 190.00 291.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 220.00 291.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.00 291.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 261.50 291.56 Td (541) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.00 291.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.25 291.56 Td (27,498) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.00 291.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 367.25 291.56 Td (28,350) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.00 291.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 291.56 Td (590,212) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 291.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.75 291.56 Td (618,562) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 291.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 291.56 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 278.35 Td (Commercial real) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 270.35 Td (estate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 159.75 270.56 Td (1,430) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 208.75 270.56 Td (1,882) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 266.00 270.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.75 270.56 Td (5,044) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.75 270.56 Td (8,356) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 270.56 Td (1,223,463) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.00 270.56 Td (1,231,819) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 270.56 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 256.35 Td (Multifamily real estate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 171.00 256.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 220.00 256.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 261.50 256.56 Td (255) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.00 256.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 378.50 256.56 Td (255) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.25 256.56 Td (57,576) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.25 256.56 Td (57,831) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 256.56 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 243.35 Td (1-4 family residential) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 235.35 Td (real estate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 159.75 235.56 Td (3,428) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 215.50 235.56 Td (703) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 261.50 235.56 Td (321) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.75 235.56 Td (7,337) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 367.25 235.56 Td (11,789) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 235.56 Td (742,804) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.75 235.56 Td (754,593) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 235.56 Td (185) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 222.35 Td (Commercial and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 214.35 Td (industrial business) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 206.35 Td (loans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 166.50 206.56 Td (522) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 220.00 206.56 Td (49) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 266.00 206.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.50 206.56 Td (429) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 371.75 206.56 Td (1,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 206.56 Td (426,994) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 469.75 206.56 Td (427,994) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 206.56 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.00 193.35 Td (Consumer loans and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.00 185.35 Td (other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 166.50 185.56 Td (361) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 220.00 185.56 Td (17) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 266.00 185.56 Td (37) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.50 185.56 Td (383) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 378.50 185.56 Td (798) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.25 185.56 Td (41,910) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.25 185.56 Td (42,708) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 185.56 Td (37) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 65.00 171.33 Td (Total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 144.00 171.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 159.75 171.56 Td (6,052) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 190.00 171.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 208.75 171.56 Td (2,651) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.00 171.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 254.75 171.56 Td (1,154) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 285.00 171.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.25 171.56 Td (40,691) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.00 171.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 367.25 171.56 Td (50,548) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 402.00 171.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 171.56 Td (3,082,959) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 453.00 171.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.00 171.56 Td (3,133,507) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 171.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 171.56 Td (222) Tj ET Q BT /F2 10.00 Tf ET BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 142.40 Td (Impair) Tj ET Q q 0 0 0 rg BT 83.54 142.40 Td (ed Loans) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 116.00 Td (Management considers a loan to be impaired when, based on current information and events, it is determined that ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 102.80 Td (the Company will not be able to collect all amounts due according to the loan contract, including scheduled ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 89.60 Td (interest payments. Determination of impairment is treated the same across all classes of loans. ) Tj ET Q q 0 0 0 rg BT 473.20 89.60 Td (When ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 76.40 Td (management identifies a loan as impaired, the impairment is measured based on the present value of expected ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 63.20 Td (future cash flows, discounted at the loan) Tj ET Q q 0 0 0 rg BT 234.53 63.20 Td (s ef) Tj ET Q q 0 0 0 rg BT 249.91 63.20 Td (fective interest rate, except when the sole \(remaining\) ) Tj ET Q endstream endobj 135 0 obj <> endobj 136 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (65) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (source of repayment for the loan is the operation or liquidation of the collateral. In these cases, management uses ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (the current fair value of the collateral, less selling costs when foreclosure is probable, instead of discounted cash ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (flows. If management determines that the value of the impaired loan is less than the recorded investment in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (loan \(net of previous char) Tj ET Q q 0 0 0 rg BT 166.81 654.80 Td (ge-of) Tj ET Q q 0 0 0 rg BT 189.82 654.80 Td (fs, deferred loan fees or costs, and unamortized premium or discount\), impairment ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (is recognized as a specific component to be provided for in the allowance for loan losses or the impaired balance ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (on collateral dependent loans is char) Tj ET Q q 0 0 0 rg BT 214.16 628.40 Td (ged-of) Tj ET Q q 0 0 0 rg BT 242.67 628.40 Td (f if it is determined that such amount represents a confirmed loss.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (When the ultimate collectability of the total principal of an impaired loan is in doubt and the loan is on nonaccrual ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (status, all payments are applied to principal, under the cost-recovery method. ) Tj ET Q q 0 0 0 rg BT 398.05 588.80 Td (When the ultimate collectability of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (the total principal of an impaired loan is not in doubt and the loan is on nonaccrual status, contractual interest is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (credited to interest income when received, under the cash-basis method.) Tj ET Q endstream endobj 137 0 obj <> endobj 138 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (66) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The following table includes the recorded investment, excluding interest receivable, and unpaid principal balances ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (for impaired financing receivables, excluding purchased impaired loans, with the associated allowance amount, if ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (applicable \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 601.7 m 280.5 601.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 601.7 m 347.5 601.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 601.7 m 414.5 601.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 601.7 m 481.5 601.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 601.7 m 548.5 601.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 492.70000000000005 m 280.5 492.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 477.70000000000005 m 280.5 477.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 492.70000000000005 m 347.5 492.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 477.70000000000005 m 347.5 477.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 492.70000000000005 m 414.5 492.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 477.70000000000005 m 414.5 477.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 492.70000000000005 m 481.5 492.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 477.70000000000005 m 481.5 477.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 492.70000000000005 m 548.5 492.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 477.70000000000005 m 548.5 477.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 349.70000000000005 m 280.5 349.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 334.70000000000005 m 280.5 334.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 349.70000000000005 m 347.5 349.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 334.70000000000005 m 347.5 334.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 349.70000000000005 m 414.5 349.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 334.70000000000005 m 414.5 334.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 349.70000000000005 m 481.5 349.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 334.70000000000005 m 481.5 334.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 349.70000000000005 m 548.5 349.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 334.70000000000005 m 548.5 334.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 216.70000000000005 m 280.5 216.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 202.70000000000005 m 280.5 202.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 200.70000000000005 m 280.5 200.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 216.70000000000005 m 347.5 216.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 202.70000000000005 m 347.5 202.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 200.70000000000005 m 347.5 200.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 216.70000000000005 m 414.5 216.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 202.70000000000005 m 414.5 202.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 200.70000000000005 m 414.5 200.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 216.70000000000005 m 481.5 216.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 202.70000000000005 m 481.5 202.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 200.70000000000005 m 481.5 200.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 216.70000000000005 m 548.5 216.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 202.70000000000005 m 548.5 202.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 200.70000000000005 m 548.5 200.70000000000005 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 232.65 634.38 Td (Unpaid) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 432.10 634.38 Td (Average) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 499.90 634.38 Td (Interest) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 228.75 620.38 Td (Principal) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 294.95 620.38 Td (Recorded) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 365.80 620.38 Td (Specific) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 428.95 620.38 Td (Recorded) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 500.65 620.38 Td (Income) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 606.38 Td (December 31, 2013) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 231.55 606.38 Td (Balance) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 291.60 606.38 Td (Investment) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 360.25 606.38 Td (Allowance) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 425.60 606.38 Td (Investment) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 492.05 606.38 Td (Recognized) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 592.38 Td (Loans without a specific valuation) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 74.00 582.38 Td (allowance) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 567.37 Td (Construction and land development) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 567.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.15 567.37 Td (9,819) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 567.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.15 567.37 Td (9,730) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 567.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 567.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 567.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 567.37 Td (10,445) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 567.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 567.37 Td (527) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 552.37 Td (Commercial real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 552.37 Td (16,100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 552.37 Td (15,864) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 552.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 552.37 Td (16,166) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 552.37 Td (885) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 537.37 Td (1-4 family residential real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.15 537.37 Td (9,307) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.15 537.37 Td (8,864) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 537.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 537.37 Td (9,418) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 537.37 Td (422) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 522.37 Td (Commercial and industrial business) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 74.00 512.37 Td (loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.65 512.37 Td (997) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 512.37 Td (521) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 512.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 512.37 Td (1,043) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 512.37 Td (49) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 497.37 Td (Consumer loans and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.65 497.37 Td (47) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.65 497.37 Td (43) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 497.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.65 497.37 Td (56) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 497.37 Td (4) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 77.00 482.38 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 482.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 482.37 Td (36,270) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 482.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 482.37 Td (35,022) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 482.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 482.37 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 482.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 482.37 Td (37,128) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 482.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 482.37 Td (1,887) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 464.38 Td (Loans with a specific valuation) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 74.00 454.38 Td (allowance) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 439.37 Td (Construction and land development) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 439.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.15 439.37 Td (6,199) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 439.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.15 439.37 Td (6,090) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 439.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 439.37 Td (915) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 439.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 439.37 Td (6,820) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 439.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 439.37 Td (162) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 424.37 Td (Commercial real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.15 424.37 Td (6,286) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.15 424.37 Td (6,205) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 424.37 Td (1,440) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 424.37 Td (6,357) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 424.37 Td (292) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 409.37 Td (Multifamily real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.65 409.37 Td (965) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 409.37 Td (965) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 409.37 Td (77) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.65 409.37 Td (976) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 409.37 Td (59) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 394.37 Td (1-4 family residential real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 394.37 Td (11,059) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 394.37 Td (10,387) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 394.37 Td (1,994) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 394.37 Td (10,780) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 394.37 Td (495) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 379.37 Td (Commercial and industrial business) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 74.00 369.37 Td (loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.65 369.37 Td (367) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 369.37 Td (352) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 369.37 Td (352) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.65 369.37 Td (374) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 369.37 Td (21) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 354.37 Td (Consumer loans and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.65 354.37 Td (202) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 354.37 Td (146) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 354.37 Td (29) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.65 354.37 Td (204) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 354.37 Td (9) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 77.00 339.38 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 339.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 339.37 Td (25,078) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 339.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 339.37 Td (24,145) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 339.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 339.37 Td (4,807) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 339.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 339.37 Td (25,511) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 339.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 339.37 Td (1,038) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 321.38 Td (Total impaired loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 306.37 Td (Construction and land development) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 306.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 306.37 Td (16,018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 306.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 306.37 Td (15,820) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 306.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 306.37 Td (915) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 306.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 306.37 Td (17,265) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 306.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 306.37 Td (689) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 291.37 Td (Commercial real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 291.37 Td (22,386) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 291.37 Td (22,069) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 291.37 Td (1,440) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 291.37 Td (22,523) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 291.37 Td (1,177) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 276.37 Td (Multifamily real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.65 276.37 Td (965) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 276.37 Td (965) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 276.37 Td (77) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.65 276.37 Td (976) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 276.37 Td (59) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 261.37 Td (1-4 family residential real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 261.37 Td (20,366) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 261.37 Td (19,251) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 261.37 Td (1,994) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 261.37 Td (20,198) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 261.37 Td (917) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 246.37 Td (Commercial and industrial business) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 74.00 236.37 Td (loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.15 236.37 Td (1,364) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 236.37 Td (873) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 236.37 Td (352) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 236.37 Td (1,417) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 236.37 Td (70) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 221.37 Td (Consumer loans and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.65 221.37 Td (249) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 221.37 Td (189) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 221.37 Td (29) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.65 221.37 Td (260) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 221.37 Td (13) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 77.00 206.38 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 206.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 206.37 Td (61,348) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 206.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 206.37 Td (59,167) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 206.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 206.37 Td (4,807) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 206.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 206.37 Td (62,639) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 206.37 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 206.37 Td (2,925) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 188.16 Td (\(1\) Included in the table above are accruing TDRs of $46.41 million, which the Company has designated as performing loans, while) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 78.50 179.16 Td (nonaccruing TDRs, which are also included in the above table of impaired loans, totaled $3.99 million.) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 139 0 obj <> endobj 140 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (67) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 659.5 m 280.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 659.5 m 347.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 659.5 m 414.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 659.5 m 481.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 659.5 m 548.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 538.5 m 280.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 523.5 m 280.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 538.5 m 347.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 523.5 m 347.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 538.5 m 414.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 523.5 m 414.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 538.5 m 481.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 523.5 m 481.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 538.5 m 548.5 538.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 523.5 m 548.5 523.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 410.5 m 280.5 410.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 395.5 m 280.5 395.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 410.5 m 347.5 410.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 395.5 m 347.5 395.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 410.5 m 414.5 410.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 395.5 m 414.5 395.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 410.5 m 481.5 410.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 395.5 m 481.5 395.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 410.5 m 548.5 410.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 395.5 m 548.5 395.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 292.5 m 280.5 292.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 278.5 m 280.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 276.5 m 280.5 276.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 292.5 m 347.5 292.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 278.5 m 347.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 276.5 m 347.5 276.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 292.5 m 414.5 292.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 278.5 m 414.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 276.5 m 414.5 276.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 292.5 m 481.5 292.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 278.5 m 481.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 276.5 m 481.5 276.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 292.5 m 548.5 292.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 278.5 m 548.5 278.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 276.5 m 548.5 276.5 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 232.65 692.18 Td (Unpaid) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 432.10 692.18 Td (Average) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 499.90 692.18 Td (Interest) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 228.75 678.18 Td (Principal) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 294.95 678.18 Td (Recorded) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 365.80 678.18 Td (Specific) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 428.95 678.18 Td (Recorded) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 500.65 678.18 Td (Income) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 664.18 Td (December 31, 2012) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 231.55 664.18 Td (Balance) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 291.60 664.18 Td (Investment) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 360.25 664.18 Td (Allowance) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 425.60 664.18 Td (Investment) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 492.05 664.18 Td (Recognized) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 638.18 Td (Loans without a specific valuation) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 628.18 Td (allowance) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 613.17 Td (Construction and land development) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 613.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 613.17 Td (23,374) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 613.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 613.17 Td (20,315) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 613.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 613.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 613.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 613.17 Td (25,497) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 613.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 613.17 Td (667) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 598.17 Td (Commercial real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 598.17 Td (18,290) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 598.17 Td (17,923) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 598.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 598.17 Td (18,246) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 598.17 Td (1,031) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 583.17 Td (1-4 family residential real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 583.17 Td (11,410) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 583.17 Td (10,867) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 583.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 583.17 Td (11,534) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 583.17 Td (464) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 568.17 Td (Commercial and industrial business) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 74.00 558.17 Td (loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.65 558.17 Td (947) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 558.17 Td (626) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 558.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.65 558.17 Td (924) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 558.17 Td (53) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 543.17 Td (Consumer loans and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.65 543.17 Td (107) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 543.17 Td (102) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 543.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.65 543.17 Td (118) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 543.17 Td (8) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 77.00 528.18 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 528.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 528.17 Td (54,128) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 528.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 528.17 Td (49,833) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 528.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 528.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 528.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 528.17 Td (56,319) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 528.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 528.17 Td (2,223) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 510.18 Td (Loans with a specific valuation) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 500.18 Td (allowance) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 485.17 Td (Construction and land development) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 485.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 485.17 Td (22,216) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 485.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 485.17 Td (20,928) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 485.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 485.17 Td (1,544) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 485.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 485.17 Td (22,177) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 485.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 485.17 Td (67) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 470.17 Td (Commercial real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.15 470.17 Td (6,516) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.15 470.17 Td (6,278) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 470.17 Td (978) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 470.17 Td (6,571) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 470.17 Td (274) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 455.17 Td (1-4 family residential real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.15 455.17 Td (5,875) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.15 455.17 Td (5,357) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 455.17 Td (1,246) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 455.17 Td (5,901) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 455.17 Td (269) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 440.17 Td (Commercial and industrial business) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 74.00 430.17 Td (loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 266.65 430.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.65 430.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 430.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.65 430.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 430.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 415.17 Td (Consumer loans and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.65 415.17 Td (393) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 415.17 Td (348) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 415.17 Td (185) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.65 415.17 Td (398) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 415.17 Td (9) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 77.00 400.18 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 400.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 400.17 Td (35,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 400.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 400.17 Td (32,911) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 400.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 400.17 Td (3,953) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 400.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 400.17 Td (35,047) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 400.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 400.17 Td (619) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 382.18 Td (Total impaired loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 367.17 Td (Construction and land development) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 367.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 367.17 Td (45,590) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 367.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 367.17 Td (41,243) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 367.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 367.17 Td (1,544) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 367.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 367.17 Td (47,674) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 367.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 367.17 Td (734) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 352.17 Td (Commercial real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 352.17 Td (24,806) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 352.17 Td (24,201) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 352.17 Td (978) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 352.17 Td (24,817) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 352.17 Td (1,305) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 337.17 Td (1-4 family residential real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 337.17 Td (17,285) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 337.17 Td (16,224) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 337.17 Td (1,246) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 337.17 Td (17,435) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 337.17 Td (733) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 322.17 Td (Commercial and industrial business) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 74.00 312.17 Td (loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.65 312.17 Td (947) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 312.17 Td (626) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 312.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.65 312.17 Td (924) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 312.17 Td (53) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 297.17 Td (Consumer loans and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.65 297.17 Td (500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 297.17 Td (450) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 297.17 Td (185) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.65 297.17 Td (516) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 297.17 Td (17) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 77.00 282.18 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 282.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 282.17 Td (89,128) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 282.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 282.17 Td (82,744) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 282.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 282.17 Td (3,953) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 282.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 282.17 Td (91,366) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 282.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 282.17 Td (2,842) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 259.96 Td (\(1\) Included in the table above are accruing TDRs of $38.91 million, which the Company has designated as performing loans, while) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 78.50 250.96 Td (nonaccruing TDRs, which are also included in the above table of impaired loans, totaled $25.30 million.) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 141 0 obj <> endobj 142 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (68) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 659.5 m 280.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 659.5 m 347.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 659.5 m 414.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 659.5 m 481.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 659.5 m 548.5 659.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 550.5 m 280.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 535.5 m 280.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 550.5 m 347.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 535.5 m 347.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 550.5 m 414.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 535.5 m 414.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 550.5 m 481.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 535.5 m 481.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 550.5 m 548.5 550.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 535.5 m 548.5 535.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 422.5 m 280.5 422.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 407.5 m 280.5 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 422.5 m 347.5 422.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 407.5 m 347.5 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 422.5 m 414.5 422.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 407.5 m 414.5 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 422.5 m 481.5 422.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 407.5 m 481.5 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 422.5 m 548.5 422.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 407.5 m 548.5 407.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 304.5 m 280.5 304.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 290.5 m 280.5 290.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 217.5 288.5 m 280.5 288.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 304.5 m 347.5 304.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 290.5 m 347.5 290.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 288.5 m 347.5 288.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 304.5 m 414.5 304.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 290.5 m 414.5 290.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 288.5 m 414.5 288.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 304.5 m 481.5 304.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 290.5 m 481.5 290.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 288.5 m 481.5 288.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 304.5 m 548.5 304.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 290.5 m 548.5 290.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 288.5 m 548.5 288.5 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 232.65 692.18 Td (Unpaid) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 432.10 692.18 Td (Average) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 499.90 692.18 Td (Interest) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 228.75 678.18 Td (Principal) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 294.95 678.18 Td (Recorded) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 365.80 678.18 Td (Specific) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 428.95 678.18 Td (Recorded) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 500.65 678.18 Td (Income) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 664.18 Td (December 31, 2011) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 231.55 664.18 Td (Balance) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 291.60 664.18 Td (Investment) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 360.25 664.18 Td (Allowance) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 425.60 664.18 Td (Investment) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 492.05 664.18 Td (Recognized) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 650.18 Td (Loans without a specific valuation) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 640.18 Td (allowance) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 625.17 Td (Construction and land development) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 625.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 625.17 Td (27,373) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 625.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 625.17 Td (16,650) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 625.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 625.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 625.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 625.17 Td (30,880) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 625.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 625.17 Td (293) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 610.17 Td (Commercial real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 610.17 Td (14,826) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 610.17 Td (14,033) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 610.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 610.17 Td (16,846) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 610.17 Td (685) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 595.17 Td (1-4 family residential real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 595.17 Td (16,800) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 595.17 Td (12,418) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 595.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 595.17 Td (16,772) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 595.17 Td (193) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 580.17 Td (Commercial and industrial business) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 74.00 570.17 Td (loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.15 570.17 Td (2,823) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.15 570.17 Td (2,333) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 570.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 570.17 Td (2,968) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 570.17 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 555.17 Td (Consumer loans and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.65 555.17 Td (345) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 555.17 Td (193) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 555.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.65 555.17 Td (354) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 555.17 Td (2) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 77.00 540.18 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 540.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 540.17 Td (62,167) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 540.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 540.17 Td (45,627) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 540.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 540.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 540.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 540.17 Td (67,820) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 540.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 540.17 Td (1,175) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 522.18 Td (Loans with a specific valuation) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 512.18 Td (allowance) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 497.17 Td (Construction and land development) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 497.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 497.17 Td (31,770) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 497.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 497.17 Td (30,249) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 497.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 497.17 Td (4,583) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 497.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 497.17 Td (32,570) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 497.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 497.17 Td (103) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 482.17 Td (Commercial real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.15 482.17 Td (3,667) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.15 482.17 Td (3,467) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 482.17 Td (776) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 482.17 Td (4,305) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 482.17 Td (95) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 467.17 Td (1-4 family residential real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.15 467.17 Td (3,252) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.15 467.17 Td (3,038) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 467.17 Td (1,302) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 467.17 Td (3,255) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 467.17 Td (32) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 452.17 Td (Commercial and industrial business) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 74.00 442.17 Td (loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.65 442.17 Td (534) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 442.17 Td (531) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 442.17 Td (282) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.65 442.17 Td (554) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 442.17 Td (12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 427.17 Td (Consumer loans and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.65 427.17 Td (363) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 427.17 Td (325) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 427.17 Td (165) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.65 427.17 Td (370) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 427.17 Td (1) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 77.00 412.18 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 412.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 412.17 Td (39,586) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 412.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 412.17 Td (37,610) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 412.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 412.17 Td (7,108) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 412.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 412.17 Td (41,054) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 412.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 412.17 Td (243) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 394.18 Td (Total impaired loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 379.17 Td (Construction and land development) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 379.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 379.17 Td (59,143) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 379.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 379.17 Td (46,899) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 379.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 379.17 Td (4,583) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 379.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 379.17 Td (63,450) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 379.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 379.17 Td (396) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 364.17 Td (Commercial real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 364.17 Td (18,493) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 364.17 Td (17,500) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 364.17 Td (776) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 364.17 Td (21,151) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 364.17 Td (780) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 349.17 Td (1-4 family residential real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.15 349.17 Td (20,052) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 349.17 Td (15,456) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 349.17 Td (1,302) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 349.17 Td (20,027) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 349.17 Td (225) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 334.17 Td (Commercial and industrial business) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 74.00 324.17 Td (loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.15 324.17 Td (3,357) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.15 324.17 Td (2,864) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 324.17 Td (282) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 324.17 Td (3,522) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 324.17 Td (14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 309.17 Td (Consumer loans and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 261.65 309.17 Td (708) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 309.17 Td (518) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 309.17 Td (165) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.65 309.17 Td (724) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 309.17 Td (3) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 77.00 294.18 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.00 294.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 244.15 294.17 Td (101,753) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.00 294.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 294.17 Td (83,237) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 294.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 388.15 294.17 Td (7,108) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.00 294.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.15 294.17 Td (108,874) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.00 294.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 294.17 Td (1,418) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 273.96 Td (\(1\) Included in the table above are accruing TDRs of $24.06 million, which the Company has designated as performing loans, while) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 78.50 264.96 Td (nonaccruing TDRs, which are also included in the above table of impaired loans, totaled $21.39 million.) Tj ET Q BT /F2 10.00 Tf ET BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 234.00 Td (T) Tj ET Q q 0 0 0 rg BT 59.51 234.00 Td (r) Tj ET Q q 0 0 0 rg BT 63.38 234.00 Td (oubled Debt Restructurings) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 207.60 Td (In order to maximize the collection of loan balances, the Company evaluates troubled loan accounts on a case-by-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 194.40 Td (case basis to determine if a loan modification would be appropriate. Loan modifications may be utilized when ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 181.20 Td (there is a reasonable chance that an appropriate modification would allow our clients to continue servicing the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 168.00 Td (debt. ) Tj ET Q q 0 0 0 rg BT 80.58 168.00 Td (A) Tj ET Q q 0 0 0 rg BT 87.92 168.00 Td ( loan is a troubled debt restructuring \(TDR\) if both of the following exist: \(1\)a creditor has granted a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 154.80 Td (concession to the debtor) Tj ET Q q 0 0 0 rg BT 160.17 154.80 Td (, and \(2\) the debtor is experiencing financial dif) Tj ET Q q 0 0 0 rg BT 369.81 154.80 Td (ficulties. Nonaccruing loans that are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 141.60 Td (modified can be placed back on accrual status when both principal and interest are current, there is a sustained ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 128.40 Td (repayment performance of six months or greater) Tj ET Q q 0 0 0 rg BT 266.14 128.40 Td (, and it is probable that we will be able to collect all amounts due ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 115.20 Td (\(both principal and interest\) according to the terms of the loan agreement. ) Tj ET Q endstream endobj 143 0 obj <> endobj 144 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (69) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The following table shows the loans modified in ) Tj ET Q q 0 0 0 rg BT 269.49 694.40 Td (TDRs for the years ended December31,) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 449.70 694.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 471.70 694.40 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 493.08 694.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 515.08 694.40 Td ( \(in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (thousands, except number of loans\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 644.5 m 320 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 644.5 m 324 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 644.5 m 417 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 644.5 m 421 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 644.5 m 516 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 644.5 m 320 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 644.5 m 417 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 644.5 m 516 644.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 608.5 m 320 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 608.5 m 417 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 608.5 m 516 608.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 524.5 m 320 524.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 524.5 m 417 524.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 524.5 m 516 524.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 511.5 m 320 511.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 509.5 m 320 509.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 511.5 m 417 511.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 509.5 m 417 509.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 511.5 m 516 511.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 509.5 m 516 509.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.00 648.90 Td (Year Ended December 31, 2013) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 279.30 635.23 Td (Number) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 333.40 635.23 Td (Pre-Modification) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 429.65 635.23 Td (Post-Modification) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 292.80 623.23 Td (of) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 349.45 623.23 Td (Recorded) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 447.45 623.23 Td (Recorded) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 283.90 611.23 Td (Loans) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 353.05 611.23 Td (Balance) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 451.05 611.23 Td (Balance) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 97.50 599.07 Td (Construction and land development) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 599.07 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 326.50 599.07 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.65 599.07 Td (2,550) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.50 599.07 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 599.07 Td (2,530) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 97.50 585.07 Td (Commercial real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 585.07 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.65 585.07 Td (4,819) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 585.07 Td (4,819) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 97.50 571.07 Td (Multifamily real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 571.07 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.15 571.07 Td (365) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.15 571.07 Td (365) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 97.50 557.07 Td (1-4 family residential real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 557.07 Td (8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.65 557.07 Td (5,914) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 557.07 Td (5,629) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 97.50 543.07 Td (Commercial and industrial) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 543.07 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.65 543.07 Td (2,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 543.07 Td (2,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 97.50 529.07 Td (Consumer loans and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 529.07 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.15 529.07 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.15 529.07 Td (4) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 109.50 515.18 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.15 515.07 Td (18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 326.50 515.07 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.65 515.07 Td (15,652) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.50 515.07 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 515.07 Td (15,347) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 486.5 m 320 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320 486.5 m 324 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 486.5 m 417 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 486.5 m 421 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 486.5 m 516 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 486.5 m 320 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 486.5 m 417 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 486.5 m 516 486.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 450.5 m 320 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 450.5 m 417 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 450.5 m 516 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 366.5 m 320 366.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 366.5 m 417 366.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 366.5 m 516 366.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 353.5 m 320 353.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 351.5 m 320 351.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 353.5 m 417 353.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324 351.5 m 417 351.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 353.5 m 516 353.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 351.5 m 516 351.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.00 490.95 Td (Year Ended December 31, 2012) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 279.30 477.23 Td (Number) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 333.40 477.23 Td (Pre-Modification) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 429.65 477.23 Td (Post-Modification) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 292.80 465.23 Td (of) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 349.45 465.23 Td (Recorded) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 447.45 465.23 Td (Recorded) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 283.90 453.23 Td (Loans) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 353.05 453.23 Td (Balance) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 451.05 453.23 Td (Balance) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 97.50 441.07 Td (Construction and land development) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.15 441.07 Td (18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 326.50 441.07 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.65 441.07 Td (9,007) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.50 441.07 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 441.07 Td (9,007) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 97.50 427.07 Td (Commercial real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.15 427.07 Td (22) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.65 427.07 Td (10,312) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 427.07 Td (10,141) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 97.50 413.07 Td (Multifamily real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 413.07 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.15 413.07 Td (345) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.15 413.07 Td (345) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 97.50 399.07 Td (1-4 family residential real estate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.15 399.07 Td (23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.65 399.07 Td (7,701) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.65 399.07 Td (7,582) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 97.50 385.07 Td (Commercial and industrial) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 385.07 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.15 385.07 Td (696) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.15 385.07 Td (413) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 97.50 371.07 Td (Consumer loans and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 371.07 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.15 371.07 Td (17) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 502.15 371.07 Td (17) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 109.50 357.18 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.15 357.07 Td (68) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 326.50 357.07 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.65 357.07 Td (28,078) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.50 357.07 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.65 357.07 Td (27,505) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 326.60 Td (The restructured loans generally include terms to reduce the interest rate and extend payment terms. ) Tj ET Q q 0 0 0 rg BT 498.82 326.60 Td (W) Tj ET Q q 0 0 0 rg BT 508.32 326.60 Td (e have not ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 313.40 Td (for) Tj ET Q q 0 0 0 rg BT 66.63 313.40 Td (given any principal on the above loans. ) Tj ET Q q 0 0 0 rg BT 244.52 313.40 Td (There were two commercial and industrial business loans that were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 300.20 Td (restructured within the last 12 months that subsequently defaulted. ) Tj ET Q q 0 0 0 rg BT 351.66 300.20 Td (The loans had recorded balances of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 287.00 Td ($2.91million.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 260.60 Td (The specific reserve portion of the allowance for loan losses on ) Tj ET Q q 0 0 0 rg BT 335.12 260.60 Td (TDRs is determined by discounting the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 247.40 Td (restructured cash flows at the original ef) Tj ET Q q 0 0 0 rg BT 230.96 247.40 Td (fective rate of the loan before modification, or is based on the underlying ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 234.20 Td (collateral value less costs to sell, if repayment of the loan is collateral-dependent. If the resulting amount is less ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 221.00 Td (than the recorded book value, the Company either establishes a valuation allowance as a component of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 207.80 Td (allowance for loan losses or char) Tj ET Q q 0 0 0 rg BT 198.27 207.80 Td (ges of) Tj ET Q q 0 0 0 rg BT 224.65 207.80 Td (f the impaired balance if it determines that such amount is a confirmed ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 194.60 Td (loss. ) Tj ET Q q 0 0 0 rg BT 79.17 194.60 Td (This method is used consistently for all segments of the portfolio. ) Tj ET Q q 0 0 0 rg BT 372.77 194.60 Td (At December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 450.96 194.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 472.96 194.60 Td (, all significant ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 181.40 Td (impaired loans have been determined to be collateral-dependent.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 155.00 Td (Nonaccrual Loans) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 128.60 Td (The Company generally places loans on nonaccrual status when the full and timely collection of interest or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 115.40 Td (principal becomes uncertain, part of the principal balance has been char) Tj ET Q q 0 0 0 rg BT 369.29 115.40 Td (ged of) Tj ET Q q 0 0 0 rg BT 396.89 115.40 Td (f and no restructuring has occurred, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 102.20 Td (or the loans reach a certain number of days past due. Commercial loans are placed on nonaccrual status when full ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 89.00 Td (collection of principal and interest becomes doubtful, or when any portion of principal or interest becomes 90 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 75.80 Td (days past due, whichever occurs first, unless the debt is both well-secured and in the process of collection. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 62.60 Td (Residential mortgage loans and other consumer loans are placed on nonaccrual status ) Tj ET Q endstream endobj 145 0 obj <> endobj 146 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (70) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (when full collection of principal and interest becomes doubtful, or when any portion of principal or interest ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (becomes 120 days past due, whichever occurs first, unless the debt is both well-secured and in the process of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (collection. ) Tj ET Q q 0 0 0 rg BT 105.42 668.00 Td (When loans are placed on nonaccrual status, interest receivable is reversed against interest income ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (recognized in the current period, and any prior year unpaid interest is char) Tj ET Q q 0 0 0 rg BT 379.70 654.80 Td (ged of) Tj ET Q q 0 0 0 rg BT 407.29 654.80 Td (f against the allowance for loan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (losses. Interest payments received thereafter are applied as a reduction of the remaining principal balance so long ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (as doubt exists as to the ultimate collection of the principal. Loans are removed from nonaccrual status when they ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (become current as to both principal and interest and when the collection of principal or interest is no longer ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (doubtful. Similarly) Tj ET Q q 0 0 0 rg BT 139.75 602.00 Td (, mortgage loans and other consumer loans are also placed on nonaccrual status when full ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (collection of principal and interest becomes doubtful, or they become delinquent for a specified period of time.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (NOTE 5: OTHER REAL) Tj ET Q q 0 0 0 rg BT 175.02 562.40 Td ( EST) Tj ET Q q 0 0 0 rg BT 197.75 562.40 Td (A) Tj ET Q q 0 0 0 rg BT 204.87 562.40 Td (TE OWNED) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 535.40 Td (The table below presents a summary of the activity related to OREO \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 497.1 m 479.5 497.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 497.1 m 483.5 497.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 497.1 m 548.5 497.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 483.1 m 479.5 483.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 497.1 m 548.5 497.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 483.1 m 548.5 483.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 388.1 m 479.5 388.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 388.1 m 548.5 388.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 375.1 m 479.5 375.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 373.1 m 479.5 373.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 375.1 m 548.5 375.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 373.1 m 548.5 373.1 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 431.15 501.55 Td (Year Ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.50 487.55 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.50 487.55 Td (2012) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 460.56 Td (Beginning balance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 460.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 460.56 Td (30,297) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 460.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 460.56 Td (29,819) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 446.56 Td (Additions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 446.56 Td (34,269) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 446.56 Td (21,741) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 432.56 Td (Sales) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 432.56 Td (\(23,828) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 432.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 517.25 432.56 Td (\(18,955) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 432.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 418.56 Td (Valuation allowance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 418.56 Td (\(414) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 418.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 418.56 Td (222) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 405.36 Td (Loss on sale and write-downs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 405.36 Td (\(279) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 405.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.75 405.36 Td (\(2,530) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 405.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 392.56 Td (Transfers to premises and equipment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 392.56 Td (\(511) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 392.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 392.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 392.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 378.56 Td (Ending balance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 378.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 378.56 Td (39,534) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 378.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 378.56 Td (30,297) Tj ET Q BT /F2 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 348.20 Td (NOTE 6: PREMISES, EQUIPMENT) Tj ET Q q 0 0 0 rg BT 231.34 348.20 Td (, ) Tj ET Q q 0 0 0 rg BT 236.24 348.20 Td (AND LEASES) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 321.20 Td (A) Tj ET Q q 0 0 0 rg BT 61.34 321.20 Td ( summary of the cost and accumulated depreciation of premises and equipment is as follows \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 287.1 m 410.5 287.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 287.1 m 479.5 287.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 287.1 m 483.5 287.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 287.1 m 548.5 287.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 287.1 m 479.5 287.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 273.1 m 479.5 273.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 287.1 m 548.5 287.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 273.1 m 548.5 273.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 160.10000000000002 m 479.5 160.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 160.10000000000002 m 548.5 160.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 160.10000000000002 m 548.5 160.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 132.10000000000002 m 479.5 132.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 132.10000000000002 m 548.5 132.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 132.10000000000002 m 479.5 132.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 119.10000000000002 m 479.5 119.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 117.10000000000002 m 479.5 117.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 132.10000000000002 m 548.5 132.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 119.10000000000002 m 548.5 119.10000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 117.10000000000002 m 548.5 117.10000000000002 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 321.35 291.55 Td (Useful Life) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 454.80 291.55 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.50 277.55 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.50 277.55 Td (2012) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 263.56 Td (Land and improvements) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.00 263.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 263.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 263.56 Td (26,012) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 263.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 263.56 Td (25,330) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 249.56 Td (Buildings and improvements) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.00 249.56 Td (10 to 45 years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 249.56 Td (91,656) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 249.56 Td (80,101) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 235.56 Td (Autos) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.00 235.56 Td (3 to 5 years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 235.56 Td (3,947) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 235.56 Td (3,749) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 221.56 Td (Computer equipment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.00 221.56 Td (2 to 5 years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 221.56 Td (11,227) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 221.56 Td (8,760) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 207.56 Td (Equipment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.00 207.56 Td (5 to 10 years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 207.56 Td (13,390) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 207.56 Td (12,755) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 193.56 Td (Furniture and fixtures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.00 193.56 Td (5 to 20 years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 193.56 Td (38,340) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 193.56 Td (35,574) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 178.56 Td (Leasehold improvements) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.00 178.77 Td (Lesserofleasetermor15 years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 178.56 Td (21,414) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 178.56 Td (20,689) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 164.56 Td (Construction in progress) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 278.00 164.56 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 164.56 Td (1,516) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 164.56 Td (3,888) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 150.56 Td (207,502) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 150.56 Td (190,846) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 136.56 Td (Less accumulated depreciation) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 136.56 Td (\(54,066) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 136.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 517.25 136.56 Td (\(45,907) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 136.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 122.56 Td (Net premises and equipment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 122.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 122.56 Td (153,436) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 122.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 122.56 Td (144,939) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 92.20 Td (Depreciation and leasehold amortization expense for the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 424.18 92.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 446.18 92.20 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 451.68 92.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 473.68 92.20 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 497.81 92.20 Td (201) Tj ET Q q 0 0 0 rg BT 513.90 92.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 519.40 92.20 Td ( was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 79.00 Td ($9.57 million, $8.36 million, and $7.42 million, respectively) Tj ET Q q 0 0 0 rg BT 319.40 79.00 Td (. ) Tj ET Q endstream endobj 147 0 obj <> endobj 148 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (71) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (V) Tj ET Q q 0 0 0 rg BT 60.72 694.40 Td (arious facilities and equipment are leased under noncancellable operating leases with initial remaining terms in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (excess of one year and an option for renewal. In addition to minimum rentals, certain leases have escalation ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (clauses and include provisions for additional payments to cover taxes, insurance, and maintenance. ) Tj ET Q q 0 0 0 rg BT 494.58 668.00 Td (The ef) Tj ET Q q 0 0 0 rg BT 522.78 668.00 Td (fects of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (scheduled rent increases, which are included in the minimum lease payments, are recognized on a straight-line ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (basis over the lease term. Rental expense was $7.09million for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 337.48 641.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 359.48 641.60 Td (, compared to $6.41million for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 500.01 641.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 522.01 641.60 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td ($6.63 million for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 131.61 628.40 Td (201) Tj ET Q q 0 0 0 rg BT 147.70 628.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 153.20 628.40 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (Future minimum lease payments, by year and in the aggregate, under noncancellable operating facilities leases at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.20 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 588.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 588.20 Td (, are listed in the following chart) Tj ET Q BT /F2 11.50 Tf ET q 0 0 0 rg BT 283.71 588.20 Td ( \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 481.7 m 430 481.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 481.7 m 430 481.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 468.7 m 430 468.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 466.7 m 430 466.7 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.50 556.27 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.50 556.27 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.65 556.27 Td (6,994) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.50 542.27 Td (2015) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.65 542.27 Td (6,314) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.50 528.27 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.65 528.27 Td (5,195) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.50 514.27 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.65 514.27 Td (4,641) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.50 500.16 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.65 500.27 Td (4,228) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 251.65 486.27 Td (Thereafter) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.65 486.27 Td (8,173) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.50 472.27 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.65 472.27 Td (35,545) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 441.20 Td (Rental income for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 267.49 441.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 289.49 441.20 Td ( was $479,000, compared to $536,000 for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 475.85 441.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 497.85 441.20 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 428.00 Td ($529,000 for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 113.58 428.00 Td (201) Tj ET Q q 0 0 0 rg BT 129.67 428.00 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 135.17 428.00 Td (. Future minimum rental income, by year and in the aggregate, under noncancellable operating ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 414.80 Td (leases, was as follows at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 228.42 414.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 250.42 414.80 Td ( \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 302.3 m 430 302.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 288.3 m 430 288.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 286.3 m 430 286.3 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.50 381.97 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.50 381.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 393.65 381.97 Td (273,925) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.50 366.97 Td (2015) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 393.65 366.97 Td (180,182) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.50 351.97 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 393.65 351.97 Td (136,037) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.50 336.97 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 393.65 336.97 Td (104,231) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.50 321.97 Td (2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 393.65 321.97 Td (104,898) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 251.65 306.97 Td (Thereafter) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.65 306.97 Td (37,898) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.50 291.97 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 393.65 291.97 Td (837,171) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 149 0 obj <> endobj 150 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (72) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 694.60 Td (NOTE 7: GOODWILL) Tj ET Q q 0 0 0 rg BT 165.55 694.60 Td ( ) Tj ET Q q 0 0 0 rg BT 167.69 694.60 Td (AND INT) Tj ET Q q 0 0 0 rg BT 213.02 694.60 Td (ANGIBLE ) Tj ET Q q 0 0 0 rg BT 265.90 694.60 Td (ASSETS) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 667.60 Td (The gross carrying amount and accumulated amortization for the Company) Tj ET Q q 0 0 0 rg BT 387.87 667.60 Td (s intangible assets \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 629.9 m 342.5 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 629.9 m 346.5 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 629.9 m 413.5 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 629.9 m 417.5 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 629.9 m 477.5 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 629.9 m 481.5 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 629.9 m 548.5 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 629.9 m 342.5 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 615.9 m 342.5 615.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 629.9 m 346.5 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 615.9 m 346.5 615.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 629.9 m 413.5 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 615.9 m 413.5 615.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 629.9 m 477.5 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 615.9 m 477.5 615.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 629.9 m 481.5 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477.5 615.9 m 481.5 615.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 629.9 m 548.5 629.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 615.9 m 548.5 615.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 615.9 m 342.5 615.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 581.9 m 342.5 581.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 615.9 m 413.5 615.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 581.9 m 413.5 581.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 615.9 m 477.5 615.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 581.9 m 477.5 581.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 615.9 m 548.5 615.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 581.9 m 548.5 581.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 507.9 m 342.5 507.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 507.9 m 413.5 507.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 507.9 m 477.5 507.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 507.9 m 548.5 507.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 444.9 m 342.5 444.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 444.9 m 413.5 444.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 444.9 m 477.5 444.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 444.9 m 548.5 444.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 444.9 m 413.5 444.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 444.9 m 477.5 444.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 444.9 m 548.5 444.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 425.9 m 342.5 425.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 411.9 m 342.5 411.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281.5 409.9 m 342.5 409.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 425.9 m 413.5 425.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 411.9 m 413.5 411.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 409.9 m 413.5 409.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 425.9 m 477.5 425.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 411.9 m 477.5 411.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 409.9 m 477.5 409.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 425.9 m 548.5 425.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 411.9 m 548.5 411.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 409.9 m 548.5 409.9 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 385.40 634.58 Td (December 31,) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 337.00 620.58 Td (2013) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 472.50 620.58 Td (2012) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 299.05 606.58 Td (Gr) Tj ET Q q 0 0 0 rg BT 311.09 606.58 Td (oss ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 291.75 596.58 Td (Carrying) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 293.95 586.58 Td (Amount) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 351.15 596.58 Td (Accumulated) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 350.85 586.58 Td (Amortization) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 434.55 606.58 Td (Gr) Tj ET Q q 0 0 0 rg BT 446.59 606.58 Td (oss ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 427.25 596.58 Td (Carrying) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 429.45 586.58 Td (Amount) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 486.15 596.58 Td (Accumulated) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 485.85 586.58 Td (Amortization) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 572.58 Td (Intangible assets subject to amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 557.57 Td (Core deposit intangible) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 284.00 557.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.65 557.57 Td (417) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 349.00 557.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.65 557.57 Td (159) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.00 557.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.65 557.57 Td (417) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.00 557.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 557.57 Td (107) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 542.57 Td (Non-compete agreements) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 542.57 Td (1,456) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.15 542.57 Td (1,292) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.15 542.57 Td (1,456) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 542.57 Td (1,222) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 527.57 Td (Customer lists) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 527.57 Td (21,119) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.15 527.57 Td (9,332) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.15 527.57 Td (19,450) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 527.57 Td (7,351) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 512.57 Td (Trade names) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.65 512.57 Td (211) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.65 512.57 Td (42) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.65 512.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 512.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 77.00 497.57 Td (Total intangible assets subject to amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 497.57 Td (23,203) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.15 497.57 Td (10,825) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.15 497.57 Td (21,323) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 497.57 Td (8,680) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 479.58 Td (Intangible assets not subject to amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 464.57 Td (Trade names) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 464.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.65 464.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.65 464.57 Td (217) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 464.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 449.57 Td (Contractual agreements) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 449.57 Td (3,231) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.65 449.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.15 449.57 Td (3,231) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 449.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 77.00 434.57 Td (Total intangible assets not subject to amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.15 434.57 Td (3,231) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.65 434.57 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.15 434.57 Td (3,448) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 434.57 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 415.58 Td (Total intangible assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 284.00 415.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.15 415.57 Td (26,434) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 349.00 415.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.15 415.57 Td (10,825) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.00 415.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.15 415.57 Td (24,771) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.00 415.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 415.57 Td (8,680) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 385.00 Td (The aggregate amortization expense for intangible assets with finite lives for the year ended December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 525.29 385.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 547.29 385.00 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 371.80 Td (was $2.14million, compared to $2.25million for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 273.67 371.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 295.67 371.80 Td (, and $2.65 million for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 397.41 371.80 Td (201) Tj ET Q q 0 0 0 rg BT 413.50 371.80 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 419.00 371.80 Td (. ) Tj ET Q q 0 0 0 rg BT 427.05 371.80 Td (The estimated aggregate ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 358.60 Td (annual amortization expense for each of the five years subsequent to December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 422.35 358.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 444.35 358.60 Td (, is as follows: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 510.66 358.60 Td (2014) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 532.66 358.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 345.40 Td ($1.81million; ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 119.09 345.40 Td (2015) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 141.09 345.40 Td (, $1.74million; ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 211.67 345.40 Td (2016) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 233.67 345.40 Td (, $1.44million; ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 304.26 345.40 Td (2017) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 326.26 345.40 Td (, $1.28million; and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 415.48 345.40 Td (2018) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 437.48 345.40 Td (, $1.10million.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 319.00 Td (During ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 87.91 319.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 109.91 319.00 Td (, the Company recorded ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 218.35 319.00 Td ($1.53 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 277.63 319.00 Td ( in net increases to goodwill and $1.67million in intangible ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 305.80 Td (assets. ) Tj ET Q q 0 0 0 rg BT 87.71 305.80 Td (This represents the acquisitions of the two insurance agencies and several insurance-related books of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 292.60 Td (business. ) Tj ET Q q 0 0 0 rg BT 99.33 292.60 Td (The book of business purchases resulted in an increase to intangible assets of $508,000. During ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 521.82 292.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 543.82 292.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 279.40 Td (the Company recorded $4.78million in net increases to goodwill and $1.53million in intangible assets. ) Tj ET Q q 0 0 0 rg BT 515.11 279.40 Td (This ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 266.20 Td (represented the acquisition of an insurance agency and certain other adjustments to goodwill related to the Stan ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 253.00 Td (T) Tj ET Q q 0 0 0 rg BT 59.95 253.00 Td (aylor acquisition. ) Tj ET Q q 0 0 0 rg BT 141.62 253.00 Td (The intangible assets acquired are finite-lived, consisting primarily of customer lists, which ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 239.80 Td (are amortized over eight years. ) Tj ET Q q 0 0 0 rg BT 195.21 239.80 Td (These assets are included in the Company) Tj ET Q q 0 0 0 rg BT 382.76 239.80 Td (s Insurance segment.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 213.40 Td (No impairment char) Tj ET Q q 0 0 0 rg BT 142.38 213.40 Td (ges were recorded in any year reported. Impairment testing indicated that goodwill was not ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 200.20 Td (impaired in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 107.15 200.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 129.15 200.20 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 134.65 200.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 156.65 200.20 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 174.07 200.20 Td (201) Tj ET Q q 0 0 0 rg BT 190.16 200.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 195.66 200.20 Td (. Changes in the carrying amount of goodwill related to each of the Company) Tj ET Q q 0 0 0 rg BT 541.76 200.20 Td (s ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 187.00 Td (segments are as follows \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 152.5 m 341.5 152.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 152.5 m 410.5 152.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 152.5 m 479.5 152.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 152.5 m 548.5 152.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 107.5 m 341.5 107.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 92.5 m 341.5 92.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 107.5 m 410.5 107.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 92.5 m 410.5 92.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 107.5 m 479.5 107.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 92.5 m 479.5 92.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 107.5 m 548.5 107.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 92.5 m 548.5 92.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 77.5 m 341.5 77.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 63.5 m 341.5 63.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 61.5 m 341.5 61.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 77.5 m 410.5 77.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 63.5 m 410.5 63.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 61.5 m 410.5 61.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 77.5 m 479.5 77.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 63.5 m 479.5 63.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 61.5 m 479.5 61.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 77.5 m 548.5 77.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 63.5 m 548.5 63.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 61.5 m 548.5 61.5 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 297.10 157.18 Td (Bank) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 363.60 157.18 Td (Realty) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 425.10 157.18 Td (Insurance) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 487.40 167.18 Td (Consolidated ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 502.60 157.18 Td (T) Tj ET Q q 0 0 0 rg BT 508.35 157.18 Td (otals) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 142.17 Td (Balance, December 31, 2011) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.00 142.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.15 142.17 Td (58,884) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.00 142.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 142.17 Td (15,823) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 142.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 142.17 Td (23,420) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 142.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.15 142.17 Td (98,127) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 77.00 127.17 Td (Additions to goodwill) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 127.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.65 127.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.15 127.17 Td (4,762) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 127.17 Td (4,762) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 77.00 112.17 Td (Other adjustments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 112.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.65 112.17 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.65 112.17 Td (21) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 534.65 112.17 Td (23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 97.17 Td (Balance, December 31, 2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.00 97.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.15 97.17 Td (58,884) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.00 97.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 97.17 Td (15,825) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 97.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 97.17 Td (28,203) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 97.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 97.17 Td (102,912) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 77.00 82.17 Td (Additions to goodwill) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 82.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.65 82.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.15 82.17 Td (1,534) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 82.17 Td (1,534) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 67.18 Td (Balance, December 31, 2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.00 67.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.15 67.17 Td (58,884) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.00 67.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 67.17 Td (15,825) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 67.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 67.17 Td (29,737) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 67.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 67.17 Td (104,446) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 151 0 obj <> endobj 152 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (73) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 694.60 Td (NOTE 8: BANK-OWNED LIFE INSURANCE POLICIES) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.20 Td (The total carrying amount of bank-owned life insurance policies \(BOLI\) as of December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 473.37 668.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 495.37 668.20 Td ( was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 517.98 668.20 Td ($57.37 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 655.00 Td (million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 85.78 655.00 Td (. ) Tj ET Q q 0 0 0 rg BT 93.83 655.00 Td (The Company had ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 177.84 655.00 Td ($55.38 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 242.62 655.00 Td ( of BOLI at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 360.83 655.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 382.83 655.00 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 404.21 655.00 Td ($53.32 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 468.99 655.00 Td ( at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.80 Td (201) Tj ET Q q 0 0 0 rg BT 70.09 641.80 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 75.59 641.80 Td (. ) Tj ET Q q 0 0 0 rg BT 83.64 641.80 Td (The Company recognized BOLI income, included in other noninterest income, of $1.99million, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.60 Td ($2.06million, and $2.58million for the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 350.62 628.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 372.62 628.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 378.12 628.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 400.12 628.60 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 424.26 628.60 Td (201) Tj ET Q q 0 0 0 rg BT 440.35 628.60 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 445.85 628.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 503.78 628.60 Td (. ) Tj ET Q q 0 0 0 rg BT 511.83 628.60 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.40 Td (Company has a related retirement plan, implemented in the fourth quarter of 2008, which provides retirement ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.20 Td (benefits to the executives covered under the plan. ) Tj ET Q q 0 0 0 rg BT 276.36 602.20 Td (Although the retirement plan is technically unfunded, the life ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 589.00 Td (insurance policies are available to finance future benefits. Refer to Note 12 for additional discussions regarding ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.80 Td (retirement plans.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 549.35 Td (NOTE ) Tj ET Q q 0 0 0 rg BT 87.92 549.35 Td (9: ) Tj ET Q q 0 0 0 rg BT 99.84 549.35 Td ( ) Tj ET Q q 0 0 0 rg BT 102.59 549.35 Td (DEPOSITS) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.35 Td (A) Tj ET Q q 0 0 0 rg BT 61.34 522.35 Td ( summary of time deposits by maturity at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 245.25 522.35 Td (December31, 2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 331.70 522.35 Td (, is shown in the following chart \(dollars in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.20 Td (thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 194.5 471.45 m 303.5 471.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 471.45 m 416.5 471.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 401.45 m 416.5 401.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 388.45 m 416.5 388.45 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307.5 386.45 m 416.5 386.45 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 231.00 475.90 Td (Maturity) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 350.60 475.90 Td ( Total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.50 461.91 Td (2014) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.00 461.91 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.75 461.91 Td (666,148) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.50 447.91 Td (2015) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.75 447.91 Td (196,874) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.50 433.91 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.25 433.91 Td (62,333) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 239.50 419.91 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 392.75 419.91 Td (2,894) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 213.50 405.91 Td (2017 and thereafter) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.25 405.91 Td (39,775) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 310.00 391.91 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.75 391.91 Td (968,024) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 362.75 Td (At year) Tj ET Q q 0 0 0 rg BT 86.46 362.75 Td (-end ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 108.75 362.75 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 130.75 362.75 Td (, ) Tj ET Q q 0 0 0 rg BT 136.05 362.75 Td (T) Tj ET Q q 0 0 0 rg BT 142.01 362.75 Td (owneBank had a total of $364.48 million in no-penalty time deposits as compared to $284.01 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 349.55 Td (million at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 99.22 349.55 Td (December31, 2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 185.66 349.55 Td (. Some of the Company) Tj ET Q q 0 0 0 rg BT 295.65 349.55 Td (s of) Tj ET Q q 0 0 0 rg BT 311.65 349.55 Td (ficers and directors, and the respective companies in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 336.35 Td (which the of) Tj ET Q q 0 0 0 rg BT 108.79 336.35 Td (ficers and directors have a financial interest, have deposit relationships with the Company) Tj ET Q q 0 0 0 rg BT 503.64 336.35 Td (. Related ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 323.15 Td (party deposits amounted to approximately $46.35 million and $49.39 million at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 406.26 323.15 Td (December31, 2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 492.70 323.15 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 514.08 323.15 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 536.08 323.15 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 309.95 Td (respectively) Tj ET Q q 0 0 0 rg BT 106.43 309.95 Td (.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 283.55 Td (NOTE 10: BORROWINGS) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 257.15 Td (T) Tj ET Q q 0 0 0 rg BT 59.95 257.15 Td (owneBank is a member of the FHLB and may borrow funds based on criteria established by the FHLB. ) Tj ET Q q 0 0 0 rg BT 520.43 257.15 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 243.95 Td (FHLB may call these borrowings if the adjusted collateral balance falls below the borrowing level. ) Tj ET Q q 0 0 0 rg BT 493.97 243.95 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 230.75 Td (borrowing arrangements available from the FHLB could be either short- or long-term, depending on our related ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 217.55 Td (cost and needs. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 191.15 Td (Advances from the FHLB for the years ended December 31 are summarized as follows \(dollars in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 154.64999999999998 m 479.5 154.64999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 154.64999999999998 m 548.5 154.64999999999998 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 436.50 159.33 Td (2013) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 505.50 159.33 Td (2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 145.22 Td (Balance outstanding at end of year) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 145.22 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.15 145.22 Td (395,087) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 145.22 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.15 145.22 Td (380,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 132.22 Td (Average balance outstanding) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 132.22 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.15 132.22 Td (386,089) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 132.22 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.15 132.22 Td (305,956) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 119.22 Td (Maximum outstanding at any month-end) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 119.22 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.15 119.22 Td (395,140) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 119.22 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 507.15 119.22 Td (380,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 106.22 Td (Average interest rate during the year) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.15 106.22 Td (3.38) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.65 106.22 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 106.22 Td (4.00) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 106.22 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 93.22 Td (Average interest rate at end of year) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.15 93.22 Td (3.33) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.65 93.22 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 93.22 Td (3.35) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 93.22 Td (%) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 153 0 obj <> endobj 154 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (74) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The scheduled maturity dates, call dates, and related fixed interest rates on advances from the FHLB at December ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 70.50 681.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 92.50 681.20 Td (, are summarized as follows \(dollars in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 63 630.7 m 155 630.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 194 630.7 m 286 630.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 630.7 m 417 630.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 630.7 m 548 630.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 490.7 m 548 490.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 477.7 m 548 477.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 475.7 m 548 475.7 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 474.80 649.38 Td (Outstanding) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 77.80 635.38 Td (Maturity Date) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 211.65 635.38 Td (Interest Rate) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 350.35 635.38 Td (Call Date) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 483.95 635.38 Td (Amount) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 90.70 621.27 Td (3/6/2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.55 621.27 Td (4.08%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.70 621.27 Td (03/06/2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.50 621.27 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 511.65 621.27 Td (100,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.20 607.27 Td (5/18/2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.55 607.27 Td (4.35%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.70 607.27 Td (02/18/2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 516.65 607.27 Td (80,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.20 593.27 Td (5/18/2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.55 593.27 Td (4.48%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.70 593.27 Td (02/18/2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 516.65 593.27 Td (80,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.20 579.27 Td (1/29/2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.55 579.27 Td (3.05%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.80 579.27 Td (-) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 516.65 579.27 Td (13,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.20 565.27 Td (1/29/2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.55 565.27 Td (3.05%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.80 565.27 Td (-) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.65 565.27 Td (7,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.20 551.27 Td (9/28/2015) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.55 551.27 Td (0.55%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.80 551.27 Td (-) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 516.65 551.27 Td (33,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.20 537.27 Td (9/28/2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.55 537.27 Td (0.95%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.80 537.27 Td (-) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 516.65 537.27 Td (34,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 88.20 523.27 Td (9/30/2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.55 523.27 Td (1.44%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.80 523.27 Td (-) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 516.65 523.27 Td (33,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 90.70 509.27 Td (6/8/2026) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.55 509.27 Td (2.38%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.80 509.27 Td (-) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.65 509.27 Td (9,187) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.90 495.27 Td (11/15/2028) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.55 495.27 Td (3.43%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.80 495.27 Td (-) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 521.65 495.27 Td (5,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 458.50 481.27 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 511.65 481.27 Td (395,087) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 450.80 Td (T) Tj ET Q q 0 0 0 rg BT 59.95 450.80 Td (otal interest expense on FHLB advances for the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 391.36 450.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 413.36 450.80 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 418.86 450.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 440.86 450.80 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 464.99 450.80 Td (201) Tj ET Q q 0 0 0 rg BT 481.08 450.80 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 486.58 450.80 Td ( was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 437.60 Td ($13.06million, $12.23million, and $12.82million, respectively) Tj ET Q q 0 0 0 rg BT 335.90 437.60 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 411.20 Td (Information concerning securities sold under agreements to repurchase and federal funds purchased is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 397.40 Td (summarized as follows \(dollars in thousands\):) Tj ET Q BT /F2 11.50 Tf ET q 0 0 0 rg BT 256.55 397.40 Td ( ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 359.9 m 479.5 359.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 359.9 m 548.5 359.9 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 436.50 364.58 Td (2013) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 505.50 364.58 Td (2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 348.57 Td (Balance outstanding at end of year) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 348.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.15 348.57 Td (47,659) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 348.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 348.57 Td (12,049) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 332.57 Td (Average balance outstanding) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 332.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.15 332.57 Td (39,126) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 332.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 332.57 Td (12,517) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 316.57 Td (Maximum outstanding at any month-end) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 316.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.15 316.57 Td (51,473) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 316.57 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 316.57 Td (13,738) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 300.57 Td (Average interest rate during the year) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.15 300.57 Td (0.17) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.65 300.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 300.57 Td (0.37) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 300.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 284.57 Td (Average interest rate at end of year) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.15 284.57 Td (0.14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.65 284.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 284.57 Td (0.25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.65 284.57 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 254.00 Td (Repurchase agreements totaled ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 193.58 254.00 Td ($47.66 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 258.36 254.00 Td ( at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 336.24 254.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 358.24 254.00 Td (. ) Tj ET Q q 0 0 0 rg BT 366.29 254.00 Td (They are classified as secured borrowings ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 240.80 Td (and generally mature within one business day from the transaction date. ) Tj ET Q q 0 0 0 rg BT 375.45 240.80 Td (They are reflected as the amount of cash ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 227.60 Td (received in connection with the transaction. In addition, federal funds lines with other financial institutions were ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 214.40 Td (available at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 171.58 214.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 193.58 214.40 Td (, for short-term funding needs. Federal funds purchased are overnight, unsecured ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 201.20 Td (borrowings.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 174.80 Td (At December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 132.19 174.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 154.19 174.80 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 175.57 174.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 197.57 174.80 Td (, the Company had an unused line of credit with the FHLB totaling ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 161.60 Td ($906.81million and $941.78 million, respectively) Tj ET Q q 0 0 0 rg BT 273.87 161.60 Td (. ) Tj ET Q q 0 0 0 rg BT 281.92 161.60 Td (The FHLB advances are secured by a blanket floating lien on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 148.40 Td (certain 1-4 family residential, multifamily) Tj ET Q q 0 0 0 rg BT 238.09 148.40 Td (, HELOCS, second mortgages, and commercial mortgages with carrying ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 135.20 Td (values of $769.71million at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 244.93 135.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 266.93 135.20 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 108.80 Td (Further) Tj ET Q q 0 0 0 rg BT 85.94 108.80 Td (, the Company had loan participation lines and reverse repurchase agreements with various financial ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 95.60 Td (institutions available at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 223.23 95.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 245.23 95.60 Td (, which provide potential additional funding.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 69.20 Td (At January 1, 2012, the Company had outstanding convertible subordinated capital debentures of $13.74million ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 56.00 Td (in the form of Series III ) Tj ET Q q 0 0 0 rg BT 160.71 56.00 Td (T) Tj ET Q q 0 0 0 rg BT 166.66 56.00 Td (owne Investment Notes. During 2012, the debentures were called and there were no ) Tj ET Q endstream endobj 155 0 obj <> endobj 156 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (75) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (convertible subordinated capital debentures outstanding at December 31, 2012. Interest expense on debentures ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (for the years ended December 31, 2013, 2012, and 201) Tj ET Q q 0 0 0 rg BT 294.90 681.20 Td (1, was $0, $237,000, and $1.15million, respectively) Tj ET Q q 0 0 0 rg BT 524.85 681.20 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (In October 2009, ) Tj ET Q q 0 0 0 rg BT 131.39 654.80 Td (T) Tj ET Q q 0 0 0 rg BT 137.34 654.80 Td (owneBank raised $27.77 million through the sale of Series III ) Tj ET Q q 0 0 0 rg BT 411.78 654.80 Td (T) Tj ET Q q 0 0 0 rg BT 417.73 654.80 Td (owne Investment Units \(Series ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (III units\) to existing shareholders and customers in a subscription of) Tj ET Q q 0 0 0 rg BT 358.07 641.60 Td (fering. Each Series III unit consisted of 150 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (shares of common stock priced at $13.38 per share and $2,000 in the aggregate, and one 10-year 8% convertible ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (subordinated capital note \(Series III notes\) in the principal amount of $2,000. During the first quarter of 2012, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (T) Tj ET Q q 0 0 0 rg BT 59.95 602.00 Td (owneBank called all $13.60million of outstanding Series III notes. ) Tj ET Q q 0 0 0 rg BT 360.67 602.00 Td (The Series III notes were converted into ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (shares of ) Tj ET Q q 0 0 0 rg BT 95.95 588.80 Td (T) Tj ET Q q 0 0 0 rg BT 101.90 588.80 Td (owneBank common stock at the conversion price of $13.38 per share \(equal to a conversion rate of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (149.48 shares per $2,000 principal amount of notes\). ) Tj ET Q q 0 0 0 rg BT 291.47 575.60 Td (There were no convertible subordinated capital debentures ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (outstanding at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 183.21 562.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 205.21 562.40 Td ( or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 219.88 562.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 241.88 562.40 Td (.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (NOTE 1) Tj ET Q q 0 0 0 rg BT 92.82 536.00 Td (1: COMMITMENTS) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (T) Tj ET Q q 0 0 0 rg BT 59.95 509.60 Td (owneBank is a party to financial instruments with of) Tj ET Q q 0 0 0 rg BT 290.70 509.60 Td (f-balance-sheet risk in the normal course of business to meet ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (the financing needs of its customers. ) Tj ET Q q 0 0 0 rg BT 219.98 496.40 Td (These financial instruments include commitments to extend credit and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (standby letters of credit. ) Tj ET Q q 0 0 0 rg BT 165.60 483.20 Td (These instruments involve, to varying degrees, elements of credit risk, which have not ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (been recognized in the balance sheet. ) Tj ET Q q 0 0 0 rg BT 223.00 470.00 Td (The contract amount of these instruments reflects the extent of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (Company) Tj ET Q q 0 0 0 rg BT 99.83 456.80 Td (s involvement or credit risk.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (Our exposure to credit loss in the event of nonperformance by the other party to the financial instrument for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (commitments to extend credit and standby letters of credit is represented by the contractual amount of those ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 113.38 404.00 Td (The Company uses the same credit policies in making commitments and conditional obligations as it ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (does for on-balance-sheet instruments. Unless noted otherwise, collateral or other security is required to support ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (financial instruments with credit risk. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (Our contractual amounts are as follows \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 313.5 m 479.5 313.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 313.5 m 548.5 313.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 268.5 m 479.5 268.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 268.5 m 548.5 268.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 254.5 m 479.5 254.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 252.5 m 479.5 252.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 268.5 m 548.5 268.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 254.5 m 548.5 254.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 252.5 m 548.5 252.5 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 318.18 Td (December 31,) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 436.50 318.18 Td (2013) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 505.50 318.18 Td (2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 303.17 Td (Financial instruments whose contract amounts represent credit risk:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 77.00 288.17 Td (Commitments to extend credit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 288.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.15 288.17 Td (859,076) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 288.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 288.17 Td (891,737) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 77.00 273.17 Td (Standby letters of credit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 273.17 Td (27,889) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.15 273.17 Td (37,261) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 258.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.15 258.17 Td (886,965) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 258.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 258.17 Td (928,998) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 228.80 Td (Commitments to extend credit are agreements to lend to a customer as long as there is not a violation of any ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 215.60 Td (condition established in the contract. Commitments generally have fixed expiration dates or other termination ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 202.40 Td (clauses and may require payment of a fee. Since many of the commitments are expected to expire without being ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 189.20 Td (drawn upon, the total commitment amounts do not necessarily represent future cash requirements. ) Tj ET Q q 0 0 0 rg BT 490.62 189.20 Td (The Company ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 176.00 Td (evaluates each customer) Tj ET Q q 0 0 0 rg BT 161.30 176.00 Td () Tj ET Q q 0 0 0 rg BT 164.35 176.00 Td (s creditworthiness on a case-by-case basis. ) Tj ET Q q 0 0 0 rg BT 357.20 176.00 Td (The amount of collateral obtained, if deemed ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 162.80 Td (necessary upon extension of credit, is based on management) Tj ET Q q 0 0 0 rg BT 322.50 162.80 Td (s credit evaluation of the counter) Tj ET Q q 0 0 0 rg BT 466.75 162.80 Td (-party) Tj ET Q q 0 0 0 rg BT 492.30 162.80 Td (. Collateral ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 149.60 Td (held varies but may include accounts receivable, inventory) Tj ET Q q 0 0 0 rg BT 311.69 149.60 Td (, property) Tj ET Q q 0 0 0 rg BT 353.74 149.60 Td (, plant and equipment, income-producing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 136.40 Td (commercial properties, and real estate.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 110.00 Td (Standby letters of credit are conditional commitments issued to guarantee performance of a customer to a third ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 96.80 Td (party) Tj ET Q q 0 0 0 rg BT 75.89 96.80 Td (. ) Tj ET Q q 0 0 0 rg BT 83.94 96.80 Td (The letters of credit are primarily issued to support public and private borrowing arrangements. ) Tj ET Q q 0 0 0 rg BT 508.33 96.80 Td (The credit ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 83.60 Td (risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 70.40 Td (customers. Collateral supporting those commitments is generally held, if deemed necessary) Tj ET Q q 0 0 0 rg BT 458.04 70.40 Td (. ) Tj ET Q q 0 0 0 rg BT 466.09 70.40 Td (The Company ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 57.20 Td (provides an allowance for estimated losses from such provisions that management considered adequate at ) Tj ET Q endstream endobj 157 0 obj <> endobj 158 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (76) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 694.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 694.40 Td (. Management does not anticipate any material losses will arise from additional disbursements ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (of the aforementioned lines or standby letters of credit.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (NOTE ) Tj ET Q q 0 0 0 rg BT 87.92 654.80 Td (12: ) Tj ET Q q 0 0 0 rg BT 105.34 654.80 Td ( ) Tj ET Q q 0 0 0 rg BT 108.09 654.80 Td (RETIREMENT) Tj ET Q q 0 0 0 rg BT 183.07 654.80 Td ( ) Tj ET Q q 0 0 0 rg BT 185.82 654.80 Td (PLANS) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (Defined Contribution Plans) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (The Company has a defined contribution 401\(k\) plan. ) Tj ET Q q 0 0 0 rg BT 295.33 602.00 Td (All employees who are at least 18 years of age and have ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (completed one quarter of a year of service are eligible to participate. Under the plan, employees may contribute a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (percentage of their annual salary) Tj ET Q q 0 0 0 rg BT 196.82 575.60 Td (, subject to statutory limitations, and the Company will make a discretionary ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (match of the employees) Tj ET Q q 0 0 0 rg BT 161.62 562.40 Td ( contributions up to 6% of their salary) Tj ET Q q 0 0 0 rg BT 328.01 562.40 Td (. ) Tj ET Q q 0 0 0 rg BT 336.06 562.40 Td (The Company matched employee contributions ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (up to 3.0%, 4.50%, and 4.50% in the years ended December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 338.09 549.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 360.09 549.20 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 365.59 549.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 387.59 549.20 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 411.72 549.20 Td (201) Tj ET Q q 0 0 0 rg BT 427.81 549.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 433.31 549.20 Td (, respectively) Tj ET Q q 0 0 0 rg BT 491.24 549.20 Td (. ) Tj ET Q q 0 0 0 rg BT 499.29 549.20 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (Company may also make an additional discretionary contribution; there were no discretionary contributions for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (the years ended December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 189.60 522.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 211.60 522.80 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 217.10 522.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 239.10 522.80 Td (, or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 256.52 522.80 Td (201) Tj ET Q q 0 0 0 rg BT 272.61 522.80 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 278.11 522.80 Td (. ) Tj ET Q q 0 0 0 rg BT 286.16 522.80 Td (The Company made matching contributions of $2.20 million, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td ($2.66 million, and $2.15 million for the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 350.62 509.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 372.62 509.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 378.12 509.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 400.12 509.60 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 424.26 509.60 Td (201) Tj ET Q q 0 0 0 rg BT 440.35 509.60 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 445.85 509.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 503.78 509.60 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (The Company has a non-qualified deferred compensation plan that allows certain executives, senior of) Tj ET Q q 0 0 0 rg BT 505.26 483.20 Td (ficers, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (other employees to defer payment of up 100% of their base salary and annual bonus. ) Tj ET Q q 0 0 0 rg BT 431.66 470.00 Td (The Company has the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (option to match an employee) Tj ET Q q 0 0 0 rg BT 184.74 456.80 Td (s combined nonqualified deferred compensation and 401\(k\) deferrals up to a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (maximum of 6% of his or her salary) Tj ET Q q 0 0 0 rg BT 212.44 443.60 Td (. ) Tj ET Q q 0 0 0 rg BT 220.49 443.60 Td (The Company does not match contributions made by employees who are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (participants in the SERP) Tj ET Q q 0 0 0 rg BT 160.63 430.40 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (During the third quarter of 2013, the Company amended the plan, which is structured as a rabbi trust, from a self-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (directed, diversified plan to a plan that does not permit diversification. Due to the change in the plan) Tj ET Q q 0 0 0 rg BT 501.20 390.80 Td (s structure, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (the funds previously held in the plan were sold with proceeds invested in certificates of deposit, which are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (included in other assets on the balance sheet. Changes in the obligation are now recorded in compensation ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (expense. ) Tj ET Q q 0 0 0 rg BT 97.48 351.20 Td (The Company did not make matching contributions to the plan for the years ended December 31, 2013, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (2012 or 201) Tj ET Q q 0 0 0 rg BT 106.75 338.00 Td (1.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (Supplemental Executive Retir) Tj ET Q q 0 0 0 rg BT 183.71 311.60 Td (ement Plan) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 284.60 Td (On December 1, 2008, the Company implemented a noncontributory) Tj ET Q q 0 0 0 rg BT 356.32 284.60 Td (, unfunded SERP) Tj ET Q q 0 0 0 rg BT 432.00 284.60 Td ( for certain of) Tj ET Q q 0 0 0 rg BT 491.96 284.60 Td (ficers and key ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 271.40 Td (employees. ) Tj ET Q q 0 0 0 rg BT 109.09 271.40 Td (The SERP) Tj ET Q q 0 0 0 rg BT 154.83 271.40 Td ( is intended to provide retirement benefits and post-retirement health benefits to individuals ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.20 Td (covered under the plan. ) Tj ET Q q 0 0 0 rg BT 162.53 258.20 Td (The SERP) Tj ET Q q 0 0 0 rg BT 208.27 258.20 Td ( agreements with the of) Tj ET Q q 0 0 0 rg BT 311.31 258.20 Td (ficers provide that upon attainment of retirement age, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.00 Td (generally at age 65, the participating of) Tj ET Q q 0 0 0 rg BT 226.37 245.00 Td (ficer will be entitled to receive a retirement benefit equal to either \(i\) a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 231.80 Td (designated percentage, ranging from 30% to 50% of their base salary depending on their level of seniority) Tj ET Q q 0 0 0 rg BT 519.72 231.80 Td (, with an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 218.60 Td (annual 4% increase until retirement, or \(ii\) a fixed tar) Tj ET Q q 0 0 0 rg BT 288.37 218.60 Td (geted benefit amount. ) Tj ET Q q 0 0 0 rg BT 389.27 218.60 Td (The retirement benefit is payable over ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 205.40 Td (a 15-year period, beginning at attainment of contractual retirement age. ) Tj ET Q q 0 0 0 rg BT 372.97 205.40 Td (The SERP) Tj ET Q q 0 0 0 rg BT 418.71 205.40 Td ( agreements provide for an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.20 Td (annual vesting schedule until the participating of) Tj ET Q q 0 0 0 rg BT 268.24 192.20 Td (ficer reaches retirement age. In the case of a participating ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.00 Td (of) Tj ET Q q 0 0 0 rg BT 62.96 179.00 Td (ficer) Tj ET Q q 0 0 0 rg BT 83.52 179.00 Td () Tj ET Q q 0 0 0 rg BT 86.58 179.00 Td (s voluntary termination of employment, disability) Tj ET Q q 0 0 0 rg BT 304.60 179.00 Td (, or termination for cause, the annual amount payable ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 165.80 Td (under the SERP) Tj ET Q q 0 0 0 rg BT 123.87 165.80 Td ( is equal to the amount of the vested benefit earned as of the date of termination of employment. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 152.60 Td (In the case of involuntary termination without cause or termination of employment for good reason by the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 139.40 Td (participating of) Tj ET Q q 0 0 0 rg BT 121.31 139.40 Td (ficer) Tj ET Q q 0 0 0 rg BT 141.01 139.40 Td (, the participating of) Tj ET Q q 0 0 0 rg BT 230.01 139.40 Td (ficer becomes fully vested in the full retirement benefit. Upon ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.20 Td (termination of employment, payment of the retirement benefit does not begin until the participating of) Tj ET Q q 0 0 0 rg BT 503.15 126.20 Td (ficer ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.00 Td (reaches the designated retirement age set forth in the SERP) Tj ET Q q 0 0 0 rg BT 314.14 113.00 Td ( agreement. In the event of death, the full amount of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 99.80 Td (the retirement benefit is payable.) Tj ET Q endstream endobj 159 0 obj <> endobj 160 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (77) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The following table sets forth changes in benefit obligations and financial data relative to the SERP) Tj ET Q q 0 0 0 rg BT 490.52 694.40 Td (. ) Tj ET Q q 0 0 0 rg BT 498.58 694.40 Td (The accrued ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (liability is recorded on the Consolidated Balance Sheets as a component of other liabilities \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 643.5 m 479.5 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 643.5 m 548.5 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 541.5 m 479.5 541.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 541.5 m 548.5 541.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 528.5 m 479.5 528.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 526.5 m 479.5 526.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 528.5 m 548.5 528.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 526.5 m 548.5 526.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 467.5 m 479.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 454.5 m 479.5 454.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 452.5 m 479.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 467.5 m 548.5 467.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 454.5 m 548.5 454.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 452.5 m 548.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 452.5 m 479.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 454.5 m 479.5 454.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 452.5 m 548.5 452.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 454.5 m 548.5 454.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 436.5 m 479.5 436.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 434.5 m 479.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 436.5 m 548.5 436.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 434.5 m 548.5 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 418.5 m 479.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 416.5 m 479.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 418.5 m 548.5 418.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 416.5 m 548.5 416.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 386.5 m 479.5 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 384.5 m 479.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 386.5 m 548.5 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 384.5 m 548.5 384.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 647.95 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.50 647.95 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.50 647.95 Td (2012) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 65.00 629.95 Td (Change in benefit obligation) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 615.96 Td (Benefit obligation, beginning of year) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 615.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 615.96 Td (15,152) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 615.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 615.96 Td (10,907) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 601.96 Td (Service cost) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 601.96 Td (1,937) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 601.96 Td (2,515) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 587.96 Td (Interest cost) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 587.96 Td (666) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 587.96 Td (476) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 573.96 Td (Net amortization) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 573.96 Td (242) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 573.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 559.96 Td (Benefits paid) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 559.96 Td (\(183) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 559.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.50 559.96 Td (\(105) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 559.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 545.96 Td (Net actuarial \(gain\) loss) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 545.96 Td (\(1,204) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 545.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 545.96 Td (1,359) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 531.96 Td (Benefit obligation, end of year) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 531.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 531.96 Td (16,610) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 531.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 531.96 Td (15,152) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 65.00 513.95 Td (Change in plan assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 499.96 Td (Fair value of plan assets, beginning of year) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 499.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 499.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 485.96 Td (Employer contributions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 485.96 Td (183) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 485.96 Td (105) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 471.96 Td (Benefits paid) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 471.96 Td (\(183) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 471.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.50 471.96 Td (\(105) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 471.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 457.96 Td (Fair value of plan assets, end of year) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 457.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 457.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 457.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 457.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 439.96 Td (Funded status, end of year) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 439.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 439.96 Td (\(16,610) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 439.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 439.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 517.25 439.96 Td (\(15,152) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 439.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 421.96 Td (Accumulated benefit obligation, end of year) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 421.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 421.96 Td (15,374) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 421.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 421.96 Td (13,982) Tj ET Q BT /F5 9.00 Tf ET q 0 0 0 rg BT 65.00 403.95 Td (Amounts recognized in other comprehensive income, pretax) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 389.96 Td (Net actuarial \(gain\) loss) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 389.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 389.96 Td (\(1,204) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 389.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 389.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 389.96 Td (1,359) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 359.60 Td (The components of the net periodic benefit cost for the SERP) Tj ET Q q 0 0 0 rg BT 324.25 359.60 Td ( are as follows \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 324.1 m 410.5 324.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 324.1 m 479.5 324.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 324.1 m 548.5 324.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 284.1 m 410.5 284.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 284.1 m 479.5 284.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 284.1 m 548.5 284.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 284.1 m 410.5 284.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 271.1 m 410.5 271.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 269.1 m 410.5 269.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 284.1 m 479.5 284.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 271.1 m 479.5 271.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 269.1 m 479.5 269.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 284.1 m 548.5 284.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 271.1 m 548.5 271.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 269.1 m 548.5 269.1 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 368.50 328.50 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.50 328.50 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.70 328.50 Td (2011) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 314.67 Td (Service cost) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 314.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 314.56 Td (1,937) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 314.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 314.56 Td (2,515) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 314.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 314.56 Td (3,774) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 300.67 Td (Interest cost) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 301.36 Td (666) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 301.36 Td (476) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 301.36 Td (406) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 287.67 Td (Net amortization) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 288.36 Td (242) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 288.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 288.36 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 274.67 Td (Net periodic benefit cost) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 274.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 274.56 Td (2,845) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 274.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 274.56 Td (2,991) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 274.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 274.56 Td (4,180) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 244.20 Td (Amounts recognized as a component of accumulated other comprehensive income that have not yet been ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 231.00 Td (recognized as a component of net periodic benefit cost consist of the following: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 194.5 m 479.5 194.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 194.5 m 548.5 194.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 166.5 m 479.5 166.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 166.5 m 548.5 166.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 166.5 m 479.5 166.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 153.5 m 479.5 153.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 151.5 m 479.5 151.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 166.5 m 548.5 166.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 153.5 m 548.5 153.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 151.5 m 548.5 151.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 198.95 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.50 198.95 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.50 198.95 Td (2012) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 184.96 Td (Net actuarial loss) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 184.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 184.96 Td (154) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 184.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 184.96 Td (1,359) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 170.96 Td (Deferred tax expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 464.00 170.96 Td (\(54) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 170.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.50 170.96 Td (\(476) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 170.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 156.96 Td (Amounts included in accumulated other comprehensive income, net of tax) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 156.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 156.96 Td (100) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 156.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 156.96 Td (883) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 161 0 obj <> endobj 162 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (78) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (Pre-tax amounts recorded in accumulated other comprehensive income as of December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 457.48 694.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 479.48 694.40 Td ( that are expected ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (to be recognized as a component of our net periodic benefit cost in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 349.98 681.20 Td (2014) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 371.98 681.20 Td ( consist of the following: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 615.5 m 548.5 615.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 602.5 m 548.5 602.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 600.5 m 548.5 600.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 496.60 647.95 Td ( Expected) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 488.85 633.95 Td ( Amortization) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 619.95 Td (December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 501.60 619.95 Td (in 2014) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 605.96 Td (Net actuarial loss) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 605.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 605.96 Td (20) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (The Company used certain weighted average assumptions to determine benefit obligations and net benefit costs, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (including discount rate and rate of increase in future compensation levels. ) Tj ET Q q 0 0 0 rg BT 383.99 575.60 Td (The discount rate used to determine net ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (periodic benefit cost and benefit obligation was 4.92% in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 308.15 562.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 330.15 562.40 Td (, 3.91% in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 378.12 562.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 400.12 562.40 Td (, and 5.75% ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 455.42 562.40 Td (201) Tj ET Q q 0 0 0 rg BT 471.51 562.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 477.01 562.40 Td (. ) Tj ET Q q 0 0 0 rg BT 485.06 562.40 Td (The rate of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (increase in future compensation levels used was 4.0% in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 305.09 549.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 327.09 549.20 Td (, and 4.0% in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 388.19 549.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 410.19 549.20 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 431.58 549.20 Td (201) Tj ET Q q 0 0 0 rg BT 447.67 549.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 453.17 549.20 Td (. ) Tj ET Q q 0 0 0 rg BT 461.22 549.20 Td (When estimating the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (discount rate, we review yields available on high-quality) Tj ET Q q 0 0 0 rg BT 302.54 536.00 Td (, fixed-income debt instruments and use a yield curve ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (model from which the discount rate is derived by applying the projected benefit payments under the plan to points ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (on a published yield curve.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (The following table sets forth expected future benefit payments, which include expected future service, for the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (periods indicated \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215 433.3 m 276 433.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 433.3 m 396 433.3 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 236.05 437.70 Td (Year) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 354.20 437.70 Td (SERP) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.00 424.56 Td (2014) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 338.50 424.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 379.00 424.56 Td (995) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.00 411.56 Td (2015) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.25 411.56 Td (1,058) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.00 398.56 Td (2016) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.25 398.56 Td (1,427) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.00 385.56 Td (2017) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.25 385.56 Td (1,427) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 236.00 372.56 Td (2018) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.25 372.56 Td (1,471) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 225.50 359.56 Td (2019-2023) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.25 359.56 Td (9,601) Tj ET Q BT /F2 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 329.40 Td (NOTE 13: SHARE-BASED COMPENSA) Tj ET Q q 0 0 0 rg BT 251.21 329.40 Td (TION) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 303.00 Td (The Company maintains a share-based compensation plan \(Plan\) that provides for the granting of incentive and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 289.80 Td (non-statutory stock options and restricted common stock. ) Tj ET Q q 0 0 0 rg BT 311.34 289.80 Td (The Plan is administered by the Compensation ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 276.60 Td (Committee of the Board of Directors \(the Compensation Committee\). ) Tj ET Q q 0 0 0 rg BT 375.47 276.60 Td (The maximum number of shares ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 263.40 Td (reserved under the Plan is equal to 20% of the fully diluted number of shares of the Company) Tj ET Q q 0 0 0 rg BT 468.54 263.40 Td (s common stock ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 250.20 Td (outstanding, or such lesser number of shares as the Compensation Committee shall determine. ) Tj ET Q q 0 0 0 rg BT 473.55 250.20 Td (The Company has ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 237.00 Td (a policy of using authorized and unissued common shares to satisfy share option exercises and vesting of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 223.80 Td (restricted stock awards. ) Tj ET Q q 0 0 0 rg BT 162.44 223.80 Td (At December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 240.63 223.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 262.63 223.80 Td (, approximately ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 334.41 223.80 Td ($3.83 million) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 393.69 223.80 Td ( common shares were available for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 210.60 Td (issuance under the Plan.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 184.20 Td (Stock options) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 112.96 184.20 Td (: For stock options granted under the Plan, the stock option price cannot be less than the fair market ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 171.00 Td (value of the stock on the date granted. ) Tj ET Q q 0 0 0 rg BT 226.69 171.00 Td (The Compensation Committee determines the exercise price for certain ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 157.80 Td (awards, and it can be based on future service. ) Tj ET Q q 0 0 0 rg BT 258.64 157.80 Td (An option) Tj ET Q q 0 0 0 rg BT 306.01 157.80 Td (s maximum contractual term is 10 years from the date of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 144.60 Td (grant. Options and awards granted under the Plan are subject to vesting requirements ranging from two to 10 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 131.40 Td (years.) Tj ET Q endstream endobj 163 0 obj <> endobj 164 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (79) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The following tables summarize our stock option activity and related information:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 657.9 m 261.5 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 261.5 657.9 m 265.5 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 657.9 m 326.5 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 657.9 m 372.5 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 657.9 m 376.5 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 657.9 m 437.5 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 657.9 m 483.5 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 657.9 m 487.5 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 657.9 m 548.5 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 657.9 m 326.5 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 657.9 m 437.5 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 657.9 m 548.5 657.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 616.9 m 261.5 616.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 616.9 m 326.5 616.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 616.9 m 372.5 616.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 616.9 m 437.5 616.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 616.9 m 483.5 616.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 616.9 m 548.5 616.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 560.9 m 261.5 560.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 560.9 m 372.5 560.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 560.9 m 483.5 560.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 560.9 m 261.5 560.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 546.9 m 261.5 546.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 546.9 m 326.5 546.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 560.9 m 372.5 560.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 546.9 m 372.5 546.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 546.9 m 437.5 546.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 560.9 m 483.5 560.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 546.9 m 483.5 546.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 546.9 m 548.5 546.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 533.9 m 261.5 533.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 219.5 531.9 m 261.5 531.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 533.9 m 326.5 533.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 531.9 m 326.5 531.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 533.9 m 372.5 533.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 531.9 m 372.5 531.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 533.9 m 437.5 533.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376.5 531.9 m 437.5 531.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 533.9 m 483.5 533.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 531.9 m 483.5 531.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 533.9 m 548.5 533.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 487.5 531.9 m 548.5 531.9 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 662.35 Td (For the Year Ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 263.50 662.35 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 374.50 662.35 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 485.70 662.35 Td (2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 275.75 648.35 Td (Weighted-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 386.75 648.35 Td (Weighted-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 497.75 648.35 Td (Weighted-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 224.05 634.35 Td (Number) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 279.80 634.35 Td (Average) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.05 634.35 Td (Number) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 390.80 634.35 Td (Average) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 446.05 634.35 Td (Number) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 501.80 634.35 Td (Average) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 222.20 621.30 Td (of Shares) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 268.20 621.30 Td (Exercise Price) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 333.20 621.30 Td (of Shares) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 379.20 621.30 Td (Exercise Price) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 444.20 621.30 Td (of Shares) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 490.20 621.30 Td (Exercise Price) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 607.36 Td (Options outstanding, beginning balance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 228.75 607.36 Td (574,465) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 268.00 607.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 302.75 607.36 Td (18.38) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.75 607.36 Td (862,457) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 379.00 607.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 607.36 Td (16.22) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.75 607.36 Td (869,175) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 607.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 607.36 Td (16.07) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 593.36 Td (Granted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 249.00 593.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 314.00 593.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 360.00 593.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 425.00 593.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.25 593.36 Td (34,572) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 593.36 Td (14.68) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 579.36 Td (Exercised) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 234.75 579.36 Td (\(3,090) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 258.00 579.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 302.75 579.36 Td (12.77) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 336.75 579.36 Td (\(254,462) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.00 579.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 579.36 Td (11.31) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.25 579.36 Td (\(14,057) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.00 579.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 579.36 Td (11.31) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 565.36 Td (Forfeited) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 230.25 565.36 Td (\(57,289) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 258.00 565.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 302.75 565.36 Td (18.22) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 341.25 565.36 Td (\(33,530) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.00 565.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 565.36 Td (16.66) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.25 565.36 Td (\(27,233) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.00 565.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 565.36 Td (12.43) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 551.36 Td (Options outstanding, ending balance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 228.75 551.36 Td (514,086) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 268.00 551.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 302.75 551.36 Td (18.43) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.75 551.36 Td (574,465) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 379.00 551.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 551.36 Td (18.38) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.75 551.36 Td (862,457) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 551.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 551.36 Td (16.22) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 537.36 Td (Options exercisable at December 31,) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 228.75 537.36 Td (406,678) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 268.00 537.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 302.75 537.36 Td (18.85) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.75 537.36 Td (421,228) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 379.00 537.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 537.36 Td (18.81) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.75 537.36 Td (612,378) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.00 537.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 537.36 Td (15.92) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 481.7 m 464.5 481.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.5 481.7 m 548.5 481.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 481.7 m 464.5 481.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.5 481.7 m 548.5 481.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.5 425.7 m 548.5 425.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 425.7 m 464.5 425.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 412.7 m 464.5 412.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 410.7 m 464.5 410.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.5 425.7 m 548.5 425.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.5 412.7 m 548.5 412.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.5 410.7 m 548.5 410.7 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 415.55 500.15 Td (Number) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 472.55 500.15 Td (Weighted-Average) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 413.70 486.15 Td (of Shares) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 480.70 486.15 Td (Exercise Price) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 472.16 Td (Unvested stock options, December 31, 2012) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.75 472.16 Td (153,237) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.00 472.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 472.16 Td (17.22) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 458.16 Td (Granted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.00 458.16 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 458.16 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 444.16 Td (Vested) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 433.25 444.16 Td (\(45,829) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 461.00 444.16 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 444.16 Td (18.04) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 430.16 Td (Forfeited) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.00 430.16 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 430.16 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 416.16 Td (Unvested stock options, December 31, 2013) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 431.75 416.16 Td (107,408) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 471.00 416.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 416.16 Td (16.87) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 385.80 Td (For the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 207.63 385.80 Td (2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.63 385.80 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 249.07 385.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 271.07 385.80 Td (, there were no stock options granted and in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 465.96 385.80 Td (201) Tj ET Q q 0 0 0 rg BT 482.06 385.80 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 487.56 385.80 Td ( the weighted-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 372.60 Td (average fair value of stock options granted was $5.44. For the same periods, the total intrinsic value of options ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 359.40 Td (exercised was $8,000, $592,000, and $37,000, respectively) Tj ET Q q 0 0 0 rg BT 312.95 359.40 Td (. ) Tj ET Q q 0 0 0 rg BT 320.59 359.40 Td (Additional information pertaining to options ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 346.20 Td (outstanding at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 183.21 346.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 205.21 346.20 Td (, is as follows:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 280.5 m 306.5 280.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 280.5 m 390.5 280.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 280.5 m 464.5 280.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.5 280.5 m 548.5 280.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 280.5 m 306.5 280.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 472.55 312.95 Td (Weighted-Average) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 255.05 298.95 Td (Number) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 314.55 298.95 Td (Weighted-Average) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 409.30 298.95 Td (Aggregate) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 486.95 298.95 Td (Remaining) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 253.20 284.95 Td (of Shares) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 322.70 284.95 Td (Exercise Price) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 400.60 284.95 Td (Intrinsic Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 475.85 284.95 Td (Contractual Life) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 270.96 Td (Options outstanding) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 273.75 270.96 Td (514,086) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.00 270.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.75 270.96 Td (18.43) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 270.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.25 270.96 Td (79,869) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.50 270.96 Td (2.73 years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 256.96 Td (Options vested or expected to vest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 273.75 256.96 Td (508,609) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.00 256.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.75 256.96 Td (18.46) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 256.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.25 256.96 Td (77,101) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.50 256.96 Td (2.26 years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 242.96 Td (Options exercisable) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 273.75 242.96 Td (406,678) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.00 242.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.75 242.96 Td (18.85) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 397.00 242.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 436.25 242.96 Td (35,304) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.50 242.96 Td (2.70 years) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 212.60 Td (The grant-date fair value of each option grant is estimated using the Black-Scholes option pricing model. Use of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 199.40 Td (a valuation model requires management to make certain assumptions with respect to selected model inputs. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 186.20 Td (Expected volatility was calculated based on the historical volatility of the Company) Tj ET Q q 0 0 0 rg BT 425.15 186.20 Td (s stock over the most recent ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 173.00 Td (period of time equal to the expected term of the option. ) Tj ET Q q 0 0 0 rg BT 302.14 173.00 Td (The average expected life was based on the contractual ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 159.80 Td (term of the option and expected employee exercise and post-vesting employment termination behavior based on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 146.60 Td (historical patterns. ) Tj ET Q q 0 0 0 rg BT 140.56 146.60 Td (The risk-free interest rate is based on U.S. ) Tj ET Q q 0 0 0 rg BT 328.52 146.60 Td (T) Tj ET Q q 0 0 0 rg BT 334.85 146.60 Td (reasury zero-coupon issues with a remaining term ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 133.40 Td (equal to the expected life assumed at the date of grant. Forfeitures are estimated based on historical voluntary ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 120.20 Td (termination behavior) Tj ET Q q 0 0 0 rg BT 145.34 120.20 Td (. ) Tj ET Q endstream endobj 165 0 obj <> endobj 166 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (80) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The following table summarizes the assumptions used for the following years: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 656.7 m 410.5 656.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 656.7 m 479.5 656.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 656.7 m 548.5 656.7 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 661.15 Td (Years Ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 368.50 661.15 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.50 661.15 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.70 661.15 Td (2011) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 647.16 Td (Dividend yield) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.95 647.16 Td (N/A) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.95 647.16 Td (N/A) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 647.16 Td (2.11) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 647.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 633.16 Td (Expected life) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.95 633.16 Td (N/A) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.95 633.16 Td (N/A) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 508.00 633.16 Td (7.67 years) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 619.16 Td (Expected volatility) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.95 619.16 Td (N/A) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.95 619.16 Td (N/A) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 619.16 Td (38.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 619.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 605.16 Td (Risk-free interest rate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.95 605.16 Td (N/A) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.95 605.16 Td (N/A) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 605.16 Td (2.87) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 605.16 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 574.20 Td (Cash received from exercises of stock options for the year ended December 31, 2013, was $39,000. ) Tj ET Q q 0 0 0 rg BT 497.02 574.20 Td (The tax ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 561.00 Td (benefit realized for tax deductions from stock option exercises for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 477.94 561.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 499.94 561.00 Td (, was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 547.80 Td ($3,000, compared to $195,000 for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 206.75 547.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 228.75 547.80 Td ( and $13,000 for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 304.21 547.80 Td (201) Tj ET Q q 0 0 0 rg BT 320.30 547.80 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 325.80 547.80 Td (. Compensation expense related to stock options for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 534.60 Td (the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 189.60 534.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 211.60 534.60 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 217.10 534.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 239.10 534.60 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 263.24 534.60 Td (201) Tj ET Q q 0 0 0 rg BT 279.33 534.60 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 284.83 534.60 Td ( was $224,000, $284,000, and $454,000, respectively) Tj ET Q q 0 0 0 rg BT 518.74 534.60 Td (. ) Tj ET Q q 0 0 0 rg BT 526.39 534.60 Td (As of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 521.40 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 521.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 521.40 Td ( there was $455,000 of total unrecognized compensation cost related to unvested stock option ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 508.20 Td (awards; that cost is expected to be recognized over a period of 3.87years.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 481.80 Td (Restricted stock awar) Tj ET Q q 0 0 0 rg BT 148.91 481.80 Td (ds \(RSAs\)) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 204.22 481.80 Td (: Under the Plan, grantees of restricted stock awards have full voting rights on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 468.60 Td (the shares and are entitled to receive cash and stock dividends. RSAs granted under the Plan are generally subject ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 455.40 Td (to vesting requirements ranging from three to 10 years. ) Tj ET Q q 0 0 0 rg BT 301.54 455.40 Td (The shares are subject to forfeiture if vesting and other ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 442.20 Td (contractual provision requirements are not met.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 415.80 Td (The following chart shows a summary of the restricted stock award activity and related information, assuming the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 402.60 Td (weighted-average price being the weighted-average fair value at the date of grant for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 389.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 76.00 389.40 Td (: ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 324.9 m 479.5 324.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 324.9 m 548.5 324.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 268.9 m 548.5 268.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 268.9 m 479.5 268.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 255.89999999999998 m 479.5 255.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 253.89999999999998 m 479.5 253.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 255.89999999999998 m 548.5 255.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 253.89999999999998 m 548.5 253.89999999999998 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 495.75 357.35 Td (Weighted-) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 430.55 343.35 Td (Number) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 499.80 343.35 Td (Average) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 428.70 329.35 Td (of Shares) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.50 329.35 Td (Price) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 315.36 Td (Unvested RSAs, beginning balance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 315.36 Td (266,852) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 315.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 315.36 Td (13.81) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 301.36 Td (Granted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 301.36 Td (142,784) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 301.36 Td (14.95) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 287.36 Td (Vested) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 287.36 Td (\(85,812) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 287.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 287.36 Td (14.05) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 273.36 Td (Forfeited) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 273.36 Td (\(21,189) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 273.36 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 273.36 Td (10.38) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 259.36 Td (Unvested RSAs, ending balance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.75 259.36 Td (302,635) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 259.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 259.36 Td (14.52) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 230.20 Td (Compensation expense related to awards for the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 387.54 230.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 409.54 230.20 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 415.04 230.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 437.04 230.20 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 461.17 230.20 Td (201) Tj ET Q q 0 0 0 rg BT 477.26 230.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 482.76 230.20 Td ( was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 217.00 Td ($1.47million, $1.26 million, and $896,000, respectively) Tj ET Q q 0 0 0 rg BT 301.37 217.00 Td (. ) Tj ET Q q 0 0 0 rg BT 309.42 217.00 Td (The total fair value of awards vested during ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 504.30 217.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 526.30 217.00 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 531.80 217.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 553.80 217.00 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 203.80 Td (and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.63 203.80 Td (201) Tj ET Q q 0 0 0 rg BT 88.72 203.80 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 94.22 203.80 Td ( was $1.21million, $873,000, and $166,000, respectively) Tj ET Q q 0 0 0 rg BT 346.17 203.80 Td (. ) Tj ET Q q 0 0 0 rg BT 353.81 203.80 Td (As of December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 445.14 203.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 467.14 203.80 Td (, there was ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 190.60 Td ($3.27million of total unrecognized compensation cost related to unvested restricted stock awards; that cost is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 177.40 Td (expected to be recognized over a period of 3.46 years.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 151.00 Td (The Company has a directors) Tj ET Q q 0 0 0 rg BT 185.75 151.00 Td ( deferred compensation plan whereby the directors may elect to defer up to 100% of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 137.80 Td (their directors) Tj ET Q q 0 0 0 rg BT 118.24 137.80 Td ( fees. ) Tj ET Q q 0 0 0 rg BT 146.34 137.80 Td (All deferred compensation is invested in the Company) Tj ET Q q 0 0 0 rg BT 389.20 137.80 Td (s common stock and is held in a rabbi ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 124.60 Td (trust. ) Tj ET Q q 0 0 0 rg BT 81.61 124.60 Td (The stock is held in nominee name of the trustee, and the principal and earnings of the trust are held ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 111.40 Td (separate and apart from other funds of the Company) Tj ET Q q 0 0 0 rg BT 282.99 111.40 Td (, and are used exclusively for the uses and purposes of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 98.20 Td (deferred compensation agreement. ) Tj ET Q q 0 0 0 rg BT 211.09 98.20 Td (The accounts of the trust have been consolidated in the financial statements of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 85.00 Td (the Company with common stock reported separately in a manner similar to treasury stock \(that is, changes in fair ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 71.80 Td (value are not recognized\) and a corresponding deferred compensation obligation reflected in additional paid-in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 58.60 Td (capital of $8.59million and $7.84million at December 31, 2013 and 2012, respectively) Tj ET Q q 0 0 0 rg BT 439.11 58.60 Td (.) Tj ET Q endstream endobj 167 0 obj <> endobj 168 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (81) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 676.20 Td (NOTE 14: ST) Tj ET Q q 0 0 0 rg BT 121.34 676.20 Td (OCK PURCHASE PLAN, DIVIDEND REINVESTMENT) Tj ET Q q 0 0 0 rg BT 395.26 676.20 Td ( PLAN, ) Tj ET Q q 0 0 0 rg BT 432.84 676.20 Td (AND DIVIDEND ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 663.00 Td (RESTRICTIONS) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 636.60 Td (The Board of Directors approved and adopted the Member Stock Purchase and Dividend Reinvestment Plan to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 623.40 Td (raise additional capital by providing a convenient and cost-ef) Tj ET Q q 0 0 0 rg BT 322.60 623.40 Td (fective way for shareholders, customers, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 610.20 Td (employees to purchase shares of ) Tj ET Q q 0 0 0 rg BT 198.89 610.20 Td (T) Tj ET Q q 0 0 0 rg BT 204.84 610.20 Td (owneBank common stock. In connection with the member stock purchase ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 597.00 Td (component of the plan for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 302.32 597.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 324.32 597.00 Td (, the Company entered the open market and acquired ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 583.80 Td (157,626 shares at an average price of $15.06 per share. In connection with the dividend reinvestment component ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 570.60 Td (of the plan for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 250.69 570.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 272.69 570.60 Td (, the Company entered the open market and acquired 256,470 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 557.40 Td (shares at an average price of $15.25 per share.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 531.00 Td (In connection with the member stock purchase component of the plan for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 510.33 531.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 532.33 531.00 Td (, the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 517.80 Td (Company entered the open market and acquired 164,616 shares at an average price of $14.07 per share. In ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 504.60 Td (connection with the dividend reinvestment component of the plan for the year ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 492.63 504.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 514.63 504.60 Td (, the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 491.40 Td (Company entered the open market and acquired 389,317 shares at an average price of $14.27 per share.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 465.00 Td (T) Tj ET Q q 0 0 0 rg BT 59.95 465.00 Td (owneBank, as a ) Tj ET Q q 0 0 0 rg BT 131.84 465.00 Td (V) Tj ET Q q 0 0 0 rg BT 139.13 465.00 Td (ir) Tj ET Q q 0 0 0 rg BT 145.65 465.00 Td (ginia banking corporation, may pay cash dividends only out of retained earnings. In ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 451.80 Td (February 2013 and May 2013, the Company declared quarterly cash dividends of $0.09 per common share. In ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 438.60 Td (August 2013 and November 2013, the Company declared quarterly cash dividends of $0.10 per common share. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 425.40 Td (In February 2012, the Company declared a quarterly cash dividend of $0.078 per common share. In May2012 ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 412.20 Td (and ) Tj ET Q q 0 0 0 rg BT 72.03 412.20 Td (August 2012, the Company declared quarterly cash dividends of $0.08 per common share. In ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 399.00 Td (December2012, the Company declared a quarterly cash dividend of $0.09 per common share. In 201) Tj ET Q q 0 0 0 rg BT 501.70 399.00 Td (1, the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 385.80 Td (Company declared quarterly cash dividends of $0.078 per common share. ) Tj ET Q q 0 0 0 rg BT 384.01 385.80 Td (The quarterly dividends were paid on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 372.60 Td (January 1) Tj ET Q q 0 0 0 rg BT 96.05 372.60 Td (1, 201) Tj ET Q q 0 0 0 rg BT 123.14 372.60 Td (1; ) Tj ET Q q 0 0 0 rg BT 133.84 372.60 Td (April 12, 201) Tj ET Q q 0 0 0 rg BT 192.40 372.60 Td (1; July 12, 201) Tj ET Q q 0 0 0 rg BT 257.39 372.60 Td (1; October 12, 201) Tj ET Q q 0 0 0 rg BT 339.46 372.60 Td (1; January 12, 2012; ) Tj ET Q q 0 0 0 rg BT 431.43 372.60 Td (April12, 2012; July12, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 359.40 Td (2012; October 12, 2012; December 28, 2012; ) Tj ET Q q 0 0 0 rg BT 255.93 359.40 Td (April 12, 2013; July 12, 2013; October1) Tj ET Q q 0 0 0 rg BT 434.87 359.40 Td (1, 2013; and January 12, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 346.20 Td (2014.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 319.80 Td (Declaration of future cash dividends will depend on our earnings, our capital position, and other factors. ) Tj ET Q q 0 0 0 rg BT 517.09 319.80 Td (All ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 306.60 Td (dividends paid are limited by the requirement to meet capital guidelines issued by regulatory authorities, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 293.40 Td (future declarations are subject to financial performance and regulatory requirements.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 267.00 Td (Pr) Tj ET Q q 0 0 0 rg BT 64.59 267.00 Td (eferr) Tj ET Q q 0 0 0 rg BT 85.57 267.00 Td (ed ) Tj ET Q q 0 0 0 rg BT 98.70 267.00 Td (Stock) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 240.00 Td (On September 22, 201) Tj ET Q q 0 0 0 rg BT 152.58 240.00 Td (1, the Company entered into a Securities Purchase ) Tj ET Q q 0 0 0 rg BT 375.88 240.00 Td (Agreement with the Secretary of the U.S. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 226.80 Td (T) Tj ET Q q 0 0 0 rg BT 60.33 226.80 Td (reasury Department, pursuant to which the Company sold and issued 76,458 shares of the Company) Tj ET Q q 0 0 0 rg BT 503.30 226.80 Td (s Senior ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 213.60 Td (Non-Cumulative Perpetual Preferred Stock, Series C \(Series C Preferred Stock\), liquidation value of $1,000 per ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 200.40 Td (share, for a total purchase price of $76.46 million. ) Tj ET Q q 0 0 0 rg BT 279.54 200.40 Td (The issuance was pursuant to the Small Business Lending ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 187.20 Td (Fund program, a $30 billion fund established under the Small Business Jobs ) Tj ET Q q 0 0 0 rg BT 391.00 187.20 Td (Act of 2010 that was created to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 174.00 Td (encourage lending to small businesses by providing capital to qualified community banks with assets of less than ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 160.80 Td ($10 billion.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 134.40 Td (The holder of the Series C Preferred Stock is entitled to receive non-cumulative dividends, payable quarterly) Tj ET Q q 0 0 0 rg BT 531.63 134.40 Td (, on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 121.20 Td (January 1, ) Tj ET Q q 0 0 0 rg BT 101.35 121.20 Td (April 1, July 1, and October 1 of each year) Tj ET Q q 0 0 0 rg BT 288.60 121.20 Td (. ) Tj ET Q q 0 0 0 rg BT 296.65 121.20 Td (The dividend rate can fluctuate on a quarterly basis during ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 108.00 Td (the first 10 quarters during which the Series C Preferred Stock is outstanding, based upon changes in the level of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 94.80 Td (Qualified Small Business Lending \(QSBL\) by the Company as compared to the Company) Tj ET Q q 0 0 0 rg BT 472.53 94.80 Td (s baseline QSBL) Tj ET Q q 0 0 0 rg BT 546.06 94.80 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 81.60 Td (level, which was established at the closing of the issuance. ) Tj ET Q q 0 0 0 rg BT 316.81 81.60 Td (The dividend rate for the initial dividend period has ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 68.40 Td (been set at 5%. For the second through 10th calendar quarters, the dividend rate may be adjusted to between 1% ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 55.20 Td (and 5% per annum based upon the increase in QSBL) Tj ET Q q 0 0 0 rg BT 286.06 55.20 Td ( as compared to the initial baseline. For the 1) Tj ET Q q 0 0 0 rg BT 486.35 55.20 Td (1th calendar ) Tj ET Q endstream endobj 169 0 obj <> endobj 170 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (82) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (quarter through four and one-half years after issuance, the dividend rate will be fixed at between 1% and 7% ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (based upon the level of QSBL) Tj ET Q q 0 0 0 rg BT 186.48 681.20 Td ( compared to the baseline. ) Tj ET Q q 0 0 0 rg BT 306.53 681.20 Td (After four and one-half years from issuance, the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (dividend rate will increase to 9%. Due to the Company) Tj ET Q q 0 0 0 rg BT 301.74 668.00 Td (s loan growth, the blended rate for the period from ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (closing through December 31, 201) Tj ET Q q 0 0 0 rg BT 206.03 654.80 Td (1 was 4.63%, with the rate reduced to 3.92% for the first quarter of 2012, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (2.28% for the second quarter of 2012. Beginning with the third quarter of 2012, the rate decreased to 1.0% and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (will remain fixed at that rate through the end of 2015.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (If the Company has not declared and paid an aggregate of six dividend payments on the Series C Preferred Stock, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (whether or not consecutive, the holder of the SeriesC Preferred Stock will have the right to elect two directors to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (the Company) Tj ET Q q 0 0 0 rg BT 116.02 575.60 Td (s Board of Directors. ) Tj ET Q q 0 0 0 rg BT 213.58 575.60 Td (The Series C Preferred Stock may be redeemed at any time at the Company) Tj ET Q q 0 0 0 rg BT 549.27 575.60 Td (s ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (option, at a redemption price of 100% of the liquidation amount plus accrued but unpaid dividends to the date of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (redemption for the current period, subject to the approval of the FDIC.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (On September 22, 201) Tj ET Q q 0 0 0 rg BT 152.58 522.80 Td (1, the Company used the proceeds from the sale and issuance of the Series C Preferred ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (Stock to repurchase all 76,458 outstanding shares of its Fixed Rate Non-Cumulative Perpetual Preferred Stock, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (SeriesB, liquidation amount $1,000 per share \(SeriesB Preferred Stock\), for a redemption price of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td ($76.46million, plus accrued but unpaid dividends. ) Tj ET Q q 0 0 0 rg BT 282.63 483.20 Td (The Series B Preferred Stock was issued in the fourth quarter ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (of 2008 to the U.S. ) Tj ET Q q 0 0 0 rg BT 140.27 470.00 Td (T) Tj ET Q q 0 0 0 rg BT 146.60 470.00 Td (reasury Department under the Capital Purchase Program. ) Tj ET Q q 0 0 0 rg BT 403.29 470.00 Td (W) Tj ET Q q 0 0 0 rg BT 413.23 470.00 Td (ith the repurchase of all shares ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (of the Series B Preferred Stock, the remaining accretion of the discount of $1.86million was accelerated into the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (third quarter of 201) Tj ET Q q 0 0 0 rg BT 139.43 443.60 Td (1 and reduced income available to common shareholders.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (In connection with the issuance of the Series B Preferred Stock, the Company was required to issue to the U.S. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (T) Tj ET Q q 0 0 0 rg BT 60.33 404.00 Td (reasury Department immediately exercisable 10-year warrants to purchase 554,330 common shares at an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (exercise price of $20.69 per share. On May 15, 2013, the Company repurchased the warrants from the U.S. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (T) Tj ET Q q 0 0 0 rg BT 60.33 377.60 Td (reasury Department for $1.5 million. ) Tj ET Q q 0 0 0 rg BT 227.53 377.60 Td (The transaction reduced additional paid-in capital within stockholders) Tj ET Q q 0 0 0 rg BT 537.98 377.60 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (equity by $1.5 million.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (Non-cumulative dividends on the Series B Preferred Stock were payable at a rate of 5% while outstanding. ) Tj ET Q q 0 0 0 rg BT 529.41 338.00 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (Company subsequently paid quarterly cash dividends of $12.50 per share of Series B Preferred Stock on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (November 15, 2010; February 15, 201) Tj ET Q q 0 0 0 rg BT 222.53 311.60 Td (1; May 16, 201) Tj ET Q q 0 0 0 rg BT 289.35 311.60 Td (1; and ) Tj ET Q q 0 0 0 rg BT 318.68 311.60 Td (August15, 201) Tj ET Q q 0 0 0 rg BT 385.80 311.60 Td (1.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 285.20 Td (In ) Tj ET Q q 0 0 0 rg BT 65.31 285.20 Td (August 2008, the Company issued 598,542 shares of 8% Non-Cumulative Convertible Preferred Stock, Series ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 272.00 Td (A) Tj ET Q q 0 0 0 rg BT 61.34 272.00 Td ( \(the Series ) Tj ET Q q 0 0 0 rg BT 117.85 272.00 Td (A) Tj ET Q q 0 0 0 rg BT 125.18 272.00 Td ( Preferred Stock\), liquidation value of $100 per share. ) Tj ET Q q 0 0 0 rg BT 372.40 272.00 Td (The Series) Tj ET Q q 0 0 0 rg BT 421.28 272.00 Td (A) Tj ET Q q 0 0 0 rg BT 428.62 272.00 Td ( Preferred Stock paid a non-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 258.80 Td (cumulative dividend of 8% per year) Tj ET Q q 0 0 0 rg BT 211.31 258.80 Td (. Dividends were payable quarterly in cash, when, as, and if declared by the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 245.60 Td (Board of Directors, on the first day of March, June, September) Tj ET Q q 0 0 0 rg BT 329.40 245.60 Td (, and December) Tj ET Q q 0 0 0 rg BT 398.28 245.60 Td (, commencing on December1, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 232.40 Td (2008. Dividends on the Series) Tj ET Q q 0 0 0 rg BT 191.18 232.40 Td (A) Tj ET Q q 0 0 0 rg BT 198.52 232.40 Td ( Preferred Stock began accruing ) Tj ET Q q 0 0 0 rg BT 341.77 232.40 Td (August 15, 2008. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 206.00 Td (In 2012 and 201) Tj ET Q q 0 0 0 rg BT 125.39 206.00 Td (1, the Company declared quarterly cash dividends of $2.00 per share of Series) Tj ET Q q 0 0 0 rg BT 471.48 206.00 Td (A) Tj ET Q q 0 0 0 rg BT 478.82 206.00 Td ( Preferred Stock. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.80 Td (The Company also declared quarterly cash dividends of $2.00 per share of Series) Tj ET Q q 0 0 0 rg BT 413.22 192.80 Td (A) Tj ET Q q 0 0 0 rg BT 420.56 192.80 Td ( Preferred Stock on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.60 Td (January23, 2013; ) Tj ET Q q 0 0 0 rg BT 134.66 179.60 Td (April24, 2013; and July24, 2013. ) Tj ET Q q 0 0 0 rg BT 291.20 179.60 Td (The quarterly dividends were paid on March 2, 201) Tj ET Q q 0 0 0 rg BT 517.14 179.60 Td (1; ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.40 Td (June1, 201) Tj ET Q q 0 0 0 rg BT 104.00 166.40 Td (1; September 1, 201) Tj ET Q q 0 0 0 rg BT 192.19 166.40 Td (1; December 1, 201) Tj ET Q q 0 0 0 rg BT 278.53 166.40 Td (1; March 2, 2012; June1, 2012; September 1, 2012; December ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 153.20 Td (1, 2012; March 1, 2013; June 3, 2013; and September 3, 2013.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.80 Td (On September 1, 2013, all outstanding shares of the Series ) Tj ET Q q 0 0 0 rg BT 313.68 126.80 Td (A) Tj ET Q q 0 0 0 rg BT 321.01 126.80 Td ( Preferred Stock were mandatorily converted into ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.60 Td (3.19million shares of ) Tj ET Q q 0 0 0 rg BT 152.48 113.60 Td (T) Tj ET Q q 0 0 0 rg BT 158.44 113.60 Td (owneBank common stock reflecting a conversion price of $18.02 per share of common ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 100.40 Td (stock, plus cash in lieu of any fractional shares. During 2013, prior to the mandatory conversion, certain holders ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 87.20 Td (of Series ) Tj ET Q q 0 0 0 rg BT 94.94 87.20 Td (A) Tj ET Q q 0 0 0 rg BT 102.28 87.20 Td ( Preferred Stock voluntarily converted Series ) Tj ET Q q 0 0 0 rg BT 302.66 87.20 Td (A) Tj ET Q q 0 0 0 rg BT 310.00 87.20 Td ( preferred stock into 37,839 shares of ) Tj ET Q q 0 0 0 rg BT 476.58 87.20 Td (T) Tj ET Q q 0 0 0 rg BT 482.53 87.20 Td (owneBank ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 74.00 Td (common stock at a conversion price of $18.02 per share of common stock.) Tj ET Q endstream endobj 171 0 obj <> endobj 172 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (83) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The following table presents the changes in the number of preferred shares for the years ended December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (2013 and 2012:) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 629.7 m 445 629.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 629.7 m 514 629.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 603.7 m 445 603.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 603.7 m 514 603.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 577.7 m 445 577.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 565.7 m 445 565.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 563.7 m 445 563.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 577.7 m 514 577.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 565.7 m 514 565.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 563.7 m 514 563.7 l s BT /F3 8.00 Tf ET q 0 0 0 rg BT 398.30 649.93 Td (Series ) Tj ET Q q 0 0 0 rg BT 420.30 649.93 Td (A) Tj ET Q q 0 0 0 rg BT 425.63 649.93 Td ( ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 395.45 641.93 Td (Pr) Tj ET Q q 0 0 0 rg BT 403.74 641.93 Td (eferr) Tj ET Q q 0 0 0 rg BT 420.47 641.93 Td (ed ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 400.50 633.93 Td (Shar) Tj ET Q q 0 0 0 rg BT 416.80 633.93 Td (es) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 466.85 649.93 Td (Series C ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 464.45 641.93 Td (Pr) Tj ET Q q 0 0 0 rg BT 472.74 641.93 Td (eferr) Tj ET Q q 0 0 0 rg BT 489.47 641.93 Td (ed ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 469.50 633.93 Td (Shar) Tj ET Q q 0 0 0 rg BT 485.80 633.93 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 99.50 620.95 Td (Balance, December 31, 2011) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 620.95 Td (583,487) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 488.80 620.95 Td (76,458) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 105.50 607.95 Td (Conversion of preferred stock into common stock) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.10 607.95 Td (\(2,034) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.80 607.95 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 502.50 607.93 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 99.50 594.95 Td (Balance, December 31, 2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.80 594.95 Td (581,453) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 488.80 594.95 Td (76,458) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 105.50 581.95 Td (Conversion of preferred stock into common stock) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.10 581.95 Td (\(581,453) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.80 581.95 Td (\)) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 502.50 581.93 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 99.50 568.93 Td (Balance, December 31, 2013) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 433.80 568.93 Td () Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 488.80 568.93 Td (76,458) Tj ET Q BT /F2 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 538.80 Td (NOTE 15: OTHER EXPENSES) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 512.40 Td (The following chart shows a summary of other expenses \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 474.70000000000005 m 418.5 474.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 474.70000000000005 m 472.5 474.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 474.70000000000005 m 524.5 474.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 278.70000000000005 m 418.5 278.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 278.70000000000005 m 472.5 278.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 278.70000000000005 m 524.5 278.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 265.70000000000005 m 418.5 265.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 263.70000000000005 m 418.5 263.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 265.70000000000005 m 472.5 265.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 263.70000000000005 m 472.5 263.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 265.70000000000005 m 524.5 265.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 263.70000000000005 m 524.5 263.70000000000005 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 89.00 479.15 Td (Year Ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 384.50 479.15 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 439.50 479.15 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 492.70 479.15 Td (2011) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 465.16 Td (Advertising and marketing) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.00 465.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.75 465.16 Td (5,374) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 428.00 465.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.75 465.16 Td (4,818) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.00 465.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.75 465.16 Td (3,775) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 451.16 Td (Charitable contributions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.75 451.16 Td (4,209) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.75 451.16 Td (3,574) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.75 451.16 Td (3,174) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 437.16 Td (Telephone and postage) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.75 437.16 Td (3,937) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.75 437.16 Td (3,527) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.75 437.16 Td (3,112) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 423.16 Td (Outside processing) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.75 423.16 Td (3,425) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.75 423.16 Td (3,019) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.75 423.16 Td (2,974) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 409.16 Td (Professional fees) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.75 409.16 Td (4,325) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.75 409.16 Td (4,606) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.75 409.16 Td (4,176) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 395.16 Td (Other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.75 395.16 Td (7,495) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.75 395.16 Td (7,787) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.75 395.16 Td (5,957) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 381.16 Td (Stationery and office supplies) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.75 381.16 Td (2,291) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.75 381.16 Td (2,048) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.75 381.16 Td (1,925) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 367.16 Td (Amortization of intangible assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.75 367.16 Td (2,145) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.75 367.16 Td (2,251) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.75 367.16 Td (2,651) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 353.16 Td (Foreclosed property expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.75 353.16 Td (2,020) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.75 353.16 Td (4,612) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.75 353.16 Td (5,822) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 339.16 Td (FDIC and other insurance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.75 339.16 Td (3,974) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.75 339.16 Td (3,729) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.75 339.16 Td (4,251) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 325.16 Td (Software expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.75 325.16 Td (4,217) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.75 325.16 Td (4,227) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.75 325.16 Td (3,457) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 311.16 Td (Travel/Meals/Entertainment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.75 311.16 Td (1,424) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.50 311.16 Td (981) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 507.50 311.16 Td (820) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 297.16 Td (Directors expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.75 297.16 Td (1,187) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.75 297.16 Td (1,179) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.75 297.16 Td (1,526) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 283.16 Td (Bank franchise tax/SCC fees) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.75 283.16 Td (1,905) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.75 283.16 Td (1,871) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.75 283.16 Td (1,958) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.00 269.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.25 269.16 Td (47,928) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 428.00 269.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 444.25 269.16 Td (48,229) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 482.00 269.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.25 269.16 Td (45,578) Tj ET Q BT /F2 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 238.80 Td (NOTE ) Tj ET Q q 0 0 0 rg BT 87.92 238.80 Td (16: ) Tj ET Q q 0 0 0 rg BT 105.34 238.80 Td ( ) Tj ET Q q 0 0 0 rg BT 108.09 238.80 Td (REGULA) Tj ET Q q 0 0 0 rg BT 154.33 238.80 Td (T) Tj ET Q q 0 0 0 rg BT 161.47 238.80 Td (OR) Tj ET Q q 0 0 0 rg BT 177.58 238.80 Td (Y) Tj ET Q q 0 0 0 rg BT 185.12 238.80 Td ( ) Tj ET Q q 0 0 0 rg BT 187.87 238.80 Td (CAPIT) Tj ET Q q 0 0 0 rg BT 221.28 238.80 Td (AL) Tj ET Q q 0 0 0 rg BT 235.95 238.80 Td ( ) Tj ET Q q 0 0 0 rg BT 238.70 238.80 Td (REQUIREMENTS) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 211.80 Td (The Company is subject to various regulatory capital requirements. Failure to meet minimum capital ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 198.60 Td (requirements can initiate certain mandatory) Tj ET Q q 0 0 0 rg BT 244.48 198.60 Td (, and possibly additional discretionary) Tj ET Q q 0 0 0 rg BT 411.48 198.60 Td (, actions by regulators that, if ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 185.40 Td (undertaken, could have a direct material ef) Tj ET Q q 0 0 0 rg BT 241.62 185.40 Td (fect on the Company) Tj ET Q q 0 0 0 rg BT 336.63 185.40 Td (s financial statements. Under capital adequacy ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 172.20 Td (guidelines and the regulatory framework for prompt corrective action, the Company must meet specific capital ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 159.00 Td (guidelines that involve quantitative measures of the Company) Tj ET Q q 0 0 0 rg BT 329.24 159.00 Td (s assets, liabilities, and certain of) Tj ET Q q 0 0 0 rg BT 474.14 159.00 Td (f-balance-sheet ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 145.80 Td (items as calculated under regulatory accounting practices. ) Tj ET Q q 0 0 0 rg BT 313.72 145.80 Td (The capital amounts and classification are also subject ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 132.60 Td (to qualitative judgments by the regulators about components, risk weightings, and other factors.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 106.20 Td (Quantitative measures established by the regulation to ensure capital adequacy require the Company to maintain ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 93.00 Td (minimum amounts and ratios of total and ) Tj ET Q q 0 0 0 rg BT 238.02 93.00 Td (T) Tj ET Q q 0 0 0 rg BT 244.36 93.00 Td (ier 1 capital to risk-weighted assets and of ) Tj ET Q q 0 0 0 rg BT 432.32 93.00 Td (T) Tj ET Q q 0 0 0 rg BT 438.66 93.00 Td (ier 1 capital to average ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 79.80 Td (assets. Management believes, as of December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 277.89 79.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 299.89 79.80 Td (, that the Company meets all capital adequacy ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 66.60 Td (requirements to which it is subject. ) Tj ET Q endstream endobj 173 0 obj <> endobj 174 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (84) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (As of December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 145.33 694.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 167.33 694.40 Td (, the Company was categorized as well-capitalized under the regulatory framework ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (for prompt corrective action. ) Tj ET Q q 0 0 0 rg BT 185.75 681.20 Td (T) Tj ET Q q 0 0 0 rg BT 191.70 681.20 Td (o be categorized as well-capitalized, the Company must maintain minimum total ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (risk-based, ) Tj ET Q q 0 0 0 rg BT 104.51 668.00 Td (T) Tj ET Q q 0 0 0 rg BT 110.84 668.00 Td (ier 1 risk-based, and ) Tj ET Q q 0 0 0 rg BT 202.59 668.00 Td (T) Tj ET Q q 0 0 0 rg BT 208.92 668.00 Td (ier 1 leverage ratios as set forth in the table below) Tj ET Q q 0 0 0 rg BT 427.51 668.00 Td (. ) Tj ET Q q 0 0 0 rg BT 435.56 668.00 Td (There are no conditions or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (events since that notification that management believes have changed our category) Tj ET Q q 0 0 0 rg BT 417.37 654.80 Td (. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (A) Tj ET Q q 0 0 0 rg BT 61.34 628.40 Td ( summary of our required and actual capital components follow \(dollars in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 548.7 m 265.5 548.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 548.7 m 320.5 548.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 548.7 m 379.5 548.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 548.7 m 434.5 548.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 548.7 m 493.5 548.7 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 548.7 m 548.5 548.7 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 472.20 595.15 Td (To Be Well) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 356.70 581.15 Td (For Capital) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 457.70 581.15 Td (Capitalized Under) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 359.70 567.15 Td (Adequacy) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 464.70 567.15 Td (Prompt Action) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 553.15 Td (As of December 31, 2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 252.25 553.15 Td (Actual) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 361.45 553.15 Td (Purposes) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 473.05 553.15 Td (Provisions) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 221.70 539.15 Td (Amount) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 276.35 539.15 Td (Ratio %) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.70 539.15 Td (Amount) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 390.35 539.15 Td (Ratio %) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 449.70 539.15 Td (Amount) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 504.35 539.15 Td (Ratio %) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 525.16 Td (Total risk-based capital) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 511.16 Td (\(to risk-weighted assets\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 213.00 511.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.75 511.16 Td (505,643) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 292.25 511.16 Td (14.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.50 511.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.00 511.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 346.75 511.16 Td (289,026) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.75 511.16 Td (8.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 511.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 441.00 511.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 511.16 Td (361,282) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 511.16 Td (10.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 511.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 497.16 Td (Tier 1 capital) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 483.16 Td (\(to risk-weighted assets\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 213.00 483.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.75 483.16 Td (467,263) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 292.25 483.16 Td (12.93) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.50 483.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.00 483.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 346.75 483.16 Td (144,513) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.75 483.16 Td (4.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 483.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 441.00 483.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 483.16 Td (216,769) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 483.16 Td (6.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 483.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 469.16 Td (Tier 1 leverage ratios) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 455.16 Td (\(to average assets\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 213.00 455.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.75 455.16 Td (467,263) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 292.25 455.16 Td (10.29) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.50 455.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.00 455.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 346.75 455.16 Td (181,701) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.75 455.16 Td (4.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 455.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 441.00 455.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 455.16 Td (227,127) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 455.16 Td (5.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 455.16 Td (%) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 372.70000000000005 m 265.5 372.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 372.70000000000005 m 320.5 372.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 372.70000000000005 m 379.5 372.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 372.70000000000005 m 434.5 372.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 372.70000000000005 m 493.5 372.70000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 372.70000000000005 m 548.5 372.70000000000005 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 472.20 419.15 Td (To Be Well) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 356.70 405.15 Td (For Capital) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 457.70 405.15 Td (Capitalized Under) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 359.70 391.15 Td (Adequacy) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 464.70 391.15 Td (Prompt Action) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 377.15 Td (As of December 31, 2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 252.25 377.15 Td (Actual) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 361.45 377.15 Td (Purposes) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 473.05 377.15 Td (Provisions) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 221.70 363.15 Td (Amount) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 276.35 363.15 Td (Ratio %) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 335.70 363.15 Td (Amount) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 390.35 363.15 Td (Ratio %) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 449.70 363.15 Td (Amount) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 504.35 363.15 Td (Ratio %) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 349.16 Td (Total risk-based capital) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 335.16 Td (\(to risk-weighted assets\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 213.00 335.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.75 335.16 Td (481,739) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 292.25 335.16 Td (13.75) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.50 335.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.00 335.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 346.75 335.16 Td (280,229) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.75 335.16 Td (8.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 335.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 441.00 335.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 335.16 Td (350,286) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 335.16 Td (10.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 335.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 321.16 Td (Tier 1 capital) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 307.16 Td (\(to risk-weighted assets\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 213.00 307.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.75 307.16 Td (441,312) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 292.25 307.16 Td (12.60) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.50 307.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.00 307.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 346.75 307.16 Td (140,115) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.75 307.16 Td (4.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 307.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 441.00 307.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 307.16 Td (210,172) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 307.16 Td (6.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 307.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 293.16 Td (Tier 1 leverage ratios) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 89.00 279.16 Td (\(to average assets\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 213.00 279.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 232.75 279.16 Td (441,312) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 292.25 279.16 Td (10.40) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.50 279.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.00 279.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 346.75 279.16 Td (169,790) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.75 279.16 Td (4.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 279.16 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 441.00 279.16 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 279.16 Td (212,238) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 279.16 Td (5.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 279.16 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 248.80 Td (NOTE ) Tj ET Q q 0 0 0 rg BT 87.92 248.80 Td (17: ) Tj ET Q q 0 0 0 rg BT 105.34 248.80 Td ( ) Tj ET Q q 0 0 0 rg BT 108.09 248.80 Td (F) Tj ET Q q 0 0 0 rg BT 113.99 248.80 Td (AIR ) Tj ET Q q 0 0 0 rg BT 136.71 248.80 Td (V) Tj ET Q q 0 0 0 rg BT 143.24 248.80 Td (ALUE ) Tj ET Q q 0 0 0 rg BT 176.55 248.80 Td (DISCLOSURES) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 221.80 Td (Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability \(an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 208.60 Td (exit price\) in the principal or most advantageous market for the asset or liability in an orderly transaction between ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 195.40 Td (market participants on the measurement date. ) Tj ET Q q 0 0 0 rg BT 258.65 195.40 Td (A) Tj ET Q q 0 0 0 rg BT 265.99 195.40 Td ( three-level valuation hierarchy was established for disclosure of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 182.20 Td (fair value measurements. ) Tj ET Q q 0 0 0 rg BT 169.56 182.20 Td (The valuation hierarchy is based upon the transparency of inputs to the valuation of an ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 169.00 Td (asset or liability as of the measurement date. ) Tj ET Q q 0 0 0 rg BT 252.04 169.00 Td (The three levels are defined as follows:) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 142.60 Td (Level 1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 87.91 142.60 Td ( ) Tj ET Q q 0 0 0 rg BT 99.00 142.60 Td (Unadjusted quoted prices in active markets that are accessible at the measurement date for identical ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 99.00 129.40 Td (assets or liabilities.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 116.20 Td () Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 103.00 Td (Level 2) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 87.91 103.00 Td ( ) Tj ET Q q 0 0 0 rg BT 99.00 103.00 Td (Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 99.00 89.80 Td (quoted prices in markets that are not active, or other inputs that are observable or can be corroborated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 99.00 76.60 Td (by observable market data for substantially the full term of the assets or liabilities. Level 2 assets and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 99.00 63.40 Td (liabilities include debt securities with quoted prices that are traded less frequently than exchange-traded ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 99.00 50.20 Td (instruments, and derivative contracts whose value is determined using a pricing model with inputs that ) Tj ET Q endstream endobj 175 0 obj <> endobj 176 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (85) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 99.00 694.40 Td (are observable in the market or can be derived principally from or corroborated by observable market ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 99.00 681.20 Td (data.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td () Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (Level 3) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 87.91 654.80 Td ( ) Tj ET Q q 0 0 0 rg BT 99.00 654.80 Td (Unobservable inputs that are supported by little or no market activity and that are significant to the fair ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 99.00 641.60 Td (value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 99.00 628.40 Td (is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 99.00 615.20 Td (as instruments for which the determination of fair value requires significant management judgment or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 99.00 602.00 Td (estimation.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (The following is a description of the valuation methodologies used for instruments measured at fair value on a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (recurring basis.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (Securities available for) Tj ET Q q 0 0 0 rg BT 161.34 536.00 Td ( sale:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 185.47 536.00 Td ( Fair values are based on published market prices or dealer quotes. If a quoted ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (market price is not available, fair value is estimated using quoted market prices for similar securities.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (T) Tj ET Q q 0 0 0 rg BT 60.52 496.40 Td (rading securities: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 144.84 496.40 Td ( Fair values are based on published market prices or dealer quotes.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (Inter) Tj ET Q q 0 0 0 rg BT 77.63 470.00 Td (est Rate Lock Commitments:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 214.79 470.00 Td ( Interest rate lock commitments, related to the origination of mortgage loans ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (held for sale, are recorded at estimated fair value based on the value of the underlying loan, which in turn is based ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (on quoted prices for similar loans in the secondary market. However) Tj ET Q q 0 0 0 rg BT 357.80 443.60 Td (, this value is adjusted by a factor which ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (considers the likelihood that the loan in a lock position will ultimately close. ) Tj ET Q q 0 0 0 rg BT 395.66 430.40 Td (This factor) Tj ET Q q 0 0 0 rg BT 443.17 430.40 Td (, the fall out rate, is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (derived from the Company) Tj ET Q q 0 0 0 rg BT 175.89 417.20 Td (s internal data and is adjusted using significant management judgment. ) Tj ET Q q 0 0 0 rg BT 492.78 417.20 Td (The fall out ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (rate is lar) Tj ET Q q 0 0 0 rg BT 94.72 404.00 Td (gely dependent on the loan processing stage that a loan is currently in and the change in prevailing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (interest rates from the time of the rate lock. ) Tj ET Q q 0 0 0 rg BT 249.18 390.80 Td (As such, interest rate lock commitments are classified as recurring ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (Level 3. ) Tj ET Q q 0 0 0 rg BT 95.34 377.60 Td (The Company used a weighted average fall out rate ratio of 20%. Because the amounts associated with ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (rate lock commitments were determined to be immaterial, the Company did not record the value of the rate locks ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (in any period prior to January 1, 2012. ) Tj ET Q q 0 0 0 rg BT 228.24 351.20 Td (The carrying value of interest rate lock commitments was $583,000 at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 338.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 338.00 Td ( and $1.24 million at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 298.99 338.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 320.99 338.00 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (Assets and liabilities measured at fair value on a recurring basis are summarized below \(in thousands\): ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 287.1 m 341.5 287.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 287.1 m 345.5 287.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 287.1 m 410.5 287.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 287.1 m 414.5 287.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 287.1 m 479.5 287.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 287.1 m 483.5 287.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 287.1 m 548.5 287.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 273.1 m 341.5 273.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 273.1 m 410.5 273.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 273.1 m 479.5 273.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 273.1 m 548.5 273.1 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 371.65 291.78 Td (December 31, 2013) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 293.05 277.78 Td (Level 1) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 362.05 277.78 Td (Level 2) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 431.05 277.78 Td (Level 3) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 504.55 277.78 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 262.77 Td (U.S. agency securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.00 262.77 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 262.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.00 262.77 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.15 262.77 Td (233,330) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 262.77 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.65 262.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 262.77 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 262.77 Td (233,330) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 247.77 Td (U.S. Treasury notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 247.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.15 247.77 Td (200,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.65 247.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 247.77 Td (200,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 232.77 Td (Municipal securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 232.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 232.77 Td (37,079) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.65 232.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.15 232.77 Td (37,079) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 217.77 Td (Mortgage-backed securities issued by GSE) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 217.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 217.77 Td (64,855) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.65 217.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.15 217.77 Td (64,855) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 202.77 Td (Trust preferred and other corporate securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 202.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.15 202.77 Td (8,257) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.65 202.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 202.77 Td (8,257) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 183.77 Td (Interest rate lock commitments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 183.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.65 183.77 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.65 183.77 Td (583) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 183.77 Td (583) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 177 0 obj <> endobj 178 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (86) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 687.5 m 341.5 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 687.5 m 345.5 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 687.5 m 410.5 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 687.5 m 414.5 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 687.5 m 479.5 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 687.5 m 483.5 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 687.5 m 548.5 687.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 673.5 m 341.5 673.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 673.5 m 410.5 673.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 673.5 m 479.5 673.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 673.5 m 548.5 673.5 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 371.65 692.18 Td (December 31, 2012) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 293.05 678.18 Td (Level 1) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 362.05 678.18 Td (Level 2) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 431.05 678.18 Td (Level 3) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 504.55 678.18 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 663.17 Td (U.S. agency securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.00 663.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 663.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.00 663.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.15 663.17 Td (3,306) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 663.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.65 663.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 663.17 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 663.17 Td (3,306) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 648.17 Td (U.S. Treasury notes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 648.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.15 648.17 Td (300,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.65 648.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 648.17 Td (300,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 633.17 Td (Municipal securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 633.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 633.17 Td (40,084) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.65 633.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.15 633.17 Td (40,084) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 618.17 Td (Mortgage-backed securities issued by GSE) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 618.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.15 618.17 Td (101,377) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.65 618.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 512.15 618.17 Td (101,377) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 603.17 Td (Trust preferred and other corporate securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.65 603.17 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.15 603.17 Td (5,373) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.65 603.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 603.17 Td (5,377) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 584.17 Td (Equity securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.15 584.17 Td (12,583) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.65 584.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.65 584.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.15 584.17 Td (12,583) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 565.17 Td (Interest rate lock commitments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 565.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.65 565.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.15 565.17 Td (1,244) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 522.15 565.17 Td (1,244) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 534.60 Td (The Company may be required, from time to time, to measure certain assets at fair value on a nonrecurring basis ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 521.45 Td (in accordance with GAAP) Tj ET Q q 0 0 0 rg BT 168.55 521.45 Td (. ) Tj ET Q q 0 0 0 rg BT 173.85 521.45 Td (These adjustments to fair value usually result from application of lower) Tj ET Q q 0 0 0 rg BT 488.26 521.45 Td (-of-cost-or) Tj ET Q q 0 0 0 rg BT 535.08 521.45 Td (-) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 508.25 Td (market accounting or write-downs of individual assets. For assets measured at fair value on a nonrecurring basis ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 495.05 Td (that were still held in the balance sheet at quarter) Tj ET Q q 0 0 0 rg BT 269.11 495.05 Td (-end, the following table provides the level of valuation ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 481.85 Td (assumptions used to determine each adjustment and the carrying value of the related assets \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 444.15 m 341.5 444.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 444.15 m 410.5 444.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 444.15 m 479.5 444.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 444.15 m 548.5 444.15 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 448.83 Td (December 31, 2013) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 293.05 448.83 Td (Level 1) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 362.05 448.83 Td (Level 2) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 431.05 448.83 Td (Level 3) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 504.55 448.83 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 423.82 Td (Impaired loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.00 423.82 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 423.82 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.00 423.82 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.65 423.82 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 423.82 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 423.82 Td (19,338) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 423.82 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.15 423.82 Td (19,338) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 408.82 Td (Foreclosed property) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.00 408.82 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 408.82 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.00 408.82 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 408.82 Td (21,437) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 408.82 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 408.82 Td (18,097) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 408.82 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.15 408.82 Td (39,534) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 380.15 m 341.5 380.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 380.15 m 410.5 380.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 380.15 m 479.5 380.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 380.15 m 548.5 380.15 l s BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.00 384.83 Td (December 31, 2012) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 293.05 384.83 Td (Level 1) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 362.05 384.83 Td (Level 2) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 431.05 384.83 Td (Level 3) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 504.55 384.83 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 359.82 Td (Impaired loans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.00 359.82 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 359.82 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.00 359.82 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.65 359.82 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 359.82 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 359.82 Td (38,816) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 359.82 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.15 359.82 Td (38,816) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.00 344.82 Td (Foreclosed property) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.00 344.82 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 344.82 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 348.00 344.82 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 344.82 Td (23,290) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.00 344.82 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.15 344.82 Td (7,007) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.00 344.82 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 517.15 344.82 Td (30,297) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 314.25 Td (The following is a description of valuation methodologies used for assets measured on a nonrecurring basis.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 287.85 Td (Loans:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 86.40 287.85 Td ( Impaired loans for which repayment of the loan is expected to be provided solely by the value of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 274.65 Td (underlying collateral are considered collateral dependent and are valued based on the fair value of such collateral. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 261.45 Td (Collateral values are estimated using inputs based on observable market data, where available, or inputs based on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 248.20 Td (customized discounting criteria. In cases where such inputs were unobservable, specifically discounts applied to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 235.05 Td (appraisal values to adjust such values to current market conditions or to reflect net realizable value, the impaired ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 221.85 Td (loan balance is reflected within Level 3 of the hierarchy) Tj ET Q q 0 0 0 rg BT 299.15 221.85 Td (. ) Tj ET Q q 0 0 0 rg BT 307.20 221.85 Td (These discounts ranged from 2% to 93%.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 195.45 Td (Loans held for) Tj ET Q q 0 0 0 rg BT 122.26 195.45 Td ( sale:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 146.39 195.45 Td ( Loans held for sale are carried at the lower of cost or estimated fair value. Fair values of ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 182.25 Td (loans held for sale are based on commitments on hand from investors or) Tj ET Q q 0 0 0 rg BT 370.65 182.25 Td (, if commitments have not yet been ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 169.05 Td (obtained, prevailing market rates.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 142.60 Td (For) Tj ET Q q 0 0 0 rg BT 70.90 142.60 Td (eclosed Pr) Tj ET Q q 0 0 0 rg BT 118.66 142.60 Td (operty: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 155.62 142.60 Td ( ) Tj ET Q q 0 0 0 rg BT 158.17 142.60 Td (The fair value of foreclosed property is estimated using Level 2 inputs based on ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 129.40 Td (observable market data or Level 3 inputs based on assumptions specific to the individual property) Tj ET Q q 0 0 0 rg BT 483.40 129.40 Td (. Level 3 inputs ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 116.20 Td (typically include unobservable inputs such as management-applied discounts used to further reduce values to a net ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 103.00 Td (realizable value or in situations where our appraisal date predates a likely change in market conditions. ) Tj ET Q q 0 0 0 rg BT 511.97 103.00 Td (These ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 89.80 Td (deductions ranged from 7% to 57%.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 63.40 Td (The following methods and assumptions were used in estimating fair value for the remaining classes of our ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 50.20 Td (financial instruments.) Tj ET Q endstream endobj 179 0 obj <> endobj 180 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (87) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (Cash and due fr) Tj ET Q q 0 0 0 rg BT 129.29 681.20 Td (om banks, inter) Tj ET Q q 0 0 0 rg BT 202.74 681.20 Td (est-bearing deposits in financial institutions, and federal funds sold: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 523.01 681.20 Td ( ) Tj ET Q q 0 0 0 rg BT 525.57 681.20 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (carrying amount approximates fair value.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (Securities held to maturity:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 182.62 641.60 Td ( Fair values are based on published market prices or dealer quotes. If a quoted ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (market price is not available, fair value is estimated using quoted market prices for similar securities. Industrial ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (revenue bonds are classified as Level 3 and as such use significant estimates to determine the fair value of these ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (securities. ) Tj ET Q q 0 0 0 rg BT 100.84 602.00 Td (The Company values these securities using a discounted cash flow approach based on assumptions that ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (are generally not observable in the current markets.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (Loans:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 86.40 562.40 Td ( For credit card and other loan receivables with short-term and/or variable characteristics, the total ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (receivable outstanding approximates fair value. ) Tj ET Q q 0 0 0 rg BT 267.91 549.20 Td (The fair value of other loans is estimated by discounting the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (future cash flows using interest rates currently being of) Tj ET Q q 0 0 0 rg BT 296.34 536.00 Td (fered for loans with similar terms to borrowers of similar ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (credit quality) Tj ET Q q 0 0 0 rg BT 111.63 522.80 Td (.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (Inter) Tj ET Q q 0 0 0 rg BT 77.63 496.40 Td (est r) Tj ET Q q 0 0 0 rg BT 97.89 496.40 Td (eceivable and inter) Tj ET Q q 0 0 0 rg BT 186.28 496.40 Td (est payable:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 242.20 496.40 Td ( ) Tj ET Q q 0 0 0 rg BT 247.50 496.40 Td (The carrying amount approximates fair value.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (Deposits: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 100.14 470.00 Td ( ) Tj ET Q q 0 0 0 rg BT 102.69 470.00 Td (The fair value of noninterest-bearing deposits and deposits with no defined maturity is estimated by ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (discounting anticipated future cash flows using current borrowing rates. ) Tj ET Q q 0 0 0 rg BT 375.47 456.80 Td (The fair value of certificates of deposit is ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (estimated by discounting the future cash flows using the current rates at which similar deposits would be made.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (Advances fr) Tj ET Q q 0 0 0 rg BT 110.32 417.20 Td (om the FHLB:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 178.76 417.20 Td ( ) Tj ET Q q 0 0 0 rg BT 184.06 417.20 Td (The fair value of advances from the FHLB is determined using the discounted cash ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (flow method with the discount rate being equal to the rate currently of) Tj ET Q q 0 0 0 rg BT 362.32 404.00 Td (fered on similar products.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (Repur) Tj ET Q q 0 0 0 rg BT 83.75 377.60 Td (chase agr) Tj ET Q q 0 0 0 rg BT 127.84 377.60 Td (eements:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 169.38 377.60 Td ( ) Tj ET Q q 0 0 0 rg BT 174.68 377.60 Td (The carrying amount approximates fair value.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (Commitments to extend and standby letters of cr) Tj ET Q q 0 0 0 rg BT 283.24 351.20 Td (edit: ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 307.38 351.20 Td ( ) Tj ET Q q 0 0 0 rg BT 309.93 351.20 Td (These financial instruments are generally not sold or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (traded. ) Tj ET Q q 0 0 0 rg BT 89.54 338.00 Td (The estimated fair values of of) Tj ET Q q 0 0 0 rg BT 224.03 338.00 Td (f-balance-sheet credit commitments, including standby letters of credit and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (guarantees written, are not readily available due to the lack of cost-ef) Tj ET Q q 0 0 0 rg BT 358.00 324.80 Td (fective and reliable measurement methods ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 311.60 Td (for these instruments.) Tj ET Q endstream endobj 181 0 obj <> endobj 182 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (88) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The estimated fair values of our financial instruments required to be disclosed under ) Tj ET Q q 0 0 0 rg BT 426.97 694.40 Td (ASC 825, ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 473.12 694.40 Td (Financial ) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (Instruments) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 105.94 681.20 Td (, and the level within the fair value hierarchy at which such assets and liabilities are measured on a ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (recurring basis are as follows \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 621.3 m 292.5 621.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 621.3 m 356.5 621.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 621.3 m 420.5 621.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 621.3 m 484.5 621.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 621.3 m 548.5 621.3 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 625.75 Td (December 31, 2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 244.25 634.75 Td (Carrying) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 251.15 625.75 Td (Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 306.50 634.75 Td (Estimated) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 305.95 625.75 Td (Fair) Tj ET Q q 0 0 0 rg BT 322.28 625.75 Td ( ) Tj ET Q q 0 0 0 rg BT 324.37 625.75 Td (V) Tj ET Q q 0 0 0 rg BT 330.04 625.75 Td (alue) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 376.10 625.75 Td (Level 1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 440.10 625.75 Td (Level 2) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 504.10 625.75 Td (Level 3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 611.76 Td (Cash and due from banks) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 235.00 611.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.75 611.76 Td (203,782) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 299.00 611.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.75 611.76 Td (203,782) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.00 611.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.75 611.76 Td (203,782) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.00 611.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.00 611.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 611.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 611.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 597.76 Td (Interest-bearing deposits in financial) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 78.50 588.76 Td (institutions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 268.75 588.76 Td (1,011) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 332.75 588.76 Td (1,011) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.75 588.76 Td (1,011) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.00 588.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 588.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 574.76 Td (Securities available for sale) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.75 574.76 Td (543,521) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.75 574.76 Td (543,521) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 574.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.75 574.76 Td (543,521) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 574.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 560.76 Td (Securities held to maturity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.75 560.76 Td (204,348) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.75 560.76 Td (195,708) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 560.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 560.76 Td (60,462) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.75 560.76 Td (135,246) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 546.76 Td (Mortgage loans held for sale) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.25 546.76 Td (56,821) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 328.25 546.76 Td (56,821) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 546.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 546.76 Td (56,821) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 546.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 532.76 Td (Loans, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 253.00 532.76 Td (3,235,989) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.00 532.76 Td (3,333,682) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 532.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.00 532.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 532.76 Td (3,333,682) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 518.76 Td (Interest receivable) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.25 518.76 Td (11,186) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 328.25 518.76 Td (11,186) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 518.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 518.76 Td (11,186) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 518.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 504.76 Td (Deposits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 253.00 504.76 Td (3,567,104) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.00 504.76 Td (3,149,022) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 504.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.00 504.76 Td (3,149,022) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 504.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 490.76 Td (Advances from the Federal Home Loan Bank) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 78.50 481.76 Td (of Atlanta) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.75 481.76 Td (395,087) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.75 481.76 Td (421,754) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 481.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.75 481.76 Td (421,754) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 481.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 467.76 Td (Repurchase agreements and other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 78.50 458.76 Td (borrowings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.25 458.76 Td (47,659) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 328.25 458.76 Td (47,661) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 458.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 458.76 Td (47,661) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 458.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 444.76 Td (Interest payable) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 268.75 444.76 Td (2,648) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 332.75 444.76 Td (2,648) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 444.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 444.76 Td (2,648) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 444.76 Td () Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 232.5 395.29999999999995 m 292.5 395.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 395.29999999999995 m 356.5 395.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360.5 395.29999999999995 m 420.5 395.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 395.29999999999995 m 484.5 395.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 395.29999999999995 m 548.5 395.29999999999995 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 399.75 Td (December 31, 2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 244.25 408.75 Td (Carrying) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 251.15 399.75 Td (Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 306.50 408.75 Td (Estimated) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 305.95 399.75 Td (Fair Value) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 376.10 399.75 Td (Level 1) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 440.10 399.75 Td (Level 2) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 504.10 399.75 Td (Level 3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 385.76 Td (Cash and due from banks) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 235.00 385.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.75 385.76 Td (127,967) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 299.00 385.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.75 385.76 Td (127,967) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 363.00 385.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.75 385.76 Td (127,967) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.00 385.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.00 385.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 385.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 385.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 371.76 Td (Interest-bearing deposits in financial) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 78.50 362.76 Td (institutions) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 268.75 362.76 Td (1,326) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 332.75 362.76 Td (1,326) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.75 362.76 Td (1,326) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.00 362.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 362.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 348.76 Td (Securities available for sale) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.75 348.76 Td (450,144) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.75 348.76 Td (450,144) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 412.50 348.76 Td (4) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.75 348.76 Td (450,140) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 348.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 334.76 Td (Securities held to maturity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.75 334.76 Td (155,481) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.75 334.76 Td (161,958) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 334.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 334.76 Td (68,097) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 334.76 Td (93,861) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 320.76 Td (Trading securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.25 320.76 Td (12,583) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 328.25 320.76 Td (12,583) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 392.25 320.76 Td (12,583) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.00 320.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 320.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 306.76 Td (Mortgage loans held for sale) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.75 306.76 Td (132,551) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.75 306.76 Td (132,551) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 306.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.75 306.76 Td (132,551) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 306.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 292.76 Td (Loans, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 253.00 292.76 Td (3,093,080) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.00 292.76 Td (3,198,588) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 292.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 472.00 292.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.00 292.76 Td (3,198,588) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 278.76 Td (Interest receivable) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.25 278.76 Td (11,292) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 328.25 278.76 Td (11,292) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 278.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 278.76 Td (11,292) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 278.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 264.76 Td (Deposits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 253.00 264.76 Td (3,380,052) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.00 264.76 Td (3,154,645) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 264.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 445.00 264.76 Td (3,154,645) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 264.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 250.76 Td (Advances from the Federal Home Loan Bank) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 78.50 241.76 Td (of Atlanta) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.75 241.76 Td (380,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.75 241.76 Td (421,458) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 241.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.75 241.76 Td (421,458) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 241.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 227.76 Td (Repurchase agreements and other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 78.50 218.76 Td (borrowings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 264.25 218.76 Td (12,049) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 328.25 218.76 Td (12,049) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 218.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 456.25 218.76 Td (12,049) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 218.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 204.76 Td (Interest payable) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 268.75 204.76 Td (2,719) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 332.75 204.76 Td (2,719) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 204.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.75 204.76 Td (2,719) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 204.76 Td () Tj ET Q BT /F2 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 174.40 Td (NOTE 18: ) Tj ET Q q 0 0 0 rg BT 107.89 174.40 Td (V) Tj ET Q q 0 0 0 rg BT 114.41 174.40 Td (ARIABLE INTEREST) Tj ET Q q 0 0 0 rg BT 222.72 174.40 Td ( ENTITIES) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 148.00 Td (In the normal course of business, the Company is involved with various entities that are considered to be ) Tj ET Q q 0 0 0 rg BT 517.22 148.00 Td (V) Tj ET Q q 0 0 0 rg BT 523.95 148.00 Td (ariable ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 134.80 Td (Interest Entities \(VIE\). ) Tj ET Q q 0 0 0 rg BT 169.15 134.80 Td (A) Tj ET Q q 0 0 0 rg BT 176.49 134.80 Td ( ) Tj ET Q q 0 0 0 rg BT 179.04 134.80 Td (VIE is an entity that has either a total equity investment that is insuf) Tj ET Q q 0 0 0 rg BT 477.91 134.80 Td (ficient to permit ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 121.60 Td (the entity to finance its activities without additional subordinated financial support, or whose equity investors lack ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 108.40 Td (the characteristics of a controlling financial interest. In accordance with existing ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 82.00 Td (accounting guidance, we are required to consolidate any ) Tj ET Q q 0 0 0 rg BT 303.95 82.00 Td (VIE of which we are determined to be the primary ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 68.80 Td (beneficiary) Tj ET Q q 0 0 0 rg BT 102.75 68.80 Td (. ) Tj ET Q q 0 0 0 rg BT 110.80 68.80 Td (The primary beneficiary is the entity that has \(i\) the power to direct the activities of a ) Tj ET Q q 0 0 0 rg BT 487.83 68.80 Td (VIE that ) Tj ET Q endstream endobj 183 0 obj <> endobj 184 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (89) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (most significantly impact the entity) Tj ET Q q 0 0 0 rg BT 212.86 694.40 Td (s economic performance; and \(ii\) the obligation to absorb losses of the entity ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (that could potentially be significant to the ) Tj ET Q q 0 0 0 rg BT 239.84 681.20 Td (VIE, or the right to receive benefits from the entity that could ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (potentially be significant to the ) Tj ET Q q 0 0 0 rg BT 193.41 668.00 Td (VIE. ) Tj ET Q q 0 0 0 rg BT 219.78 668.00 Td (W) Tj ET Q q 0 0 0 rg BT 229.29 668.00 Td (e review all significant interests in the ) Tj ET Q q 0 0 0 rg BT 399.23 668.00 Td (VIEs we are involved with, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (including the amounts and types of financial and other support, including equity investments, debt financing, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (guarantees. ) Tj ET Q q 0 0 0 rg BT 109.08 641.60 Td (W) Tj ET Q q 0 0 0 rg BT 118.58 641.60 Td (e also consider the activities of the ) Tj ET Q q 0 0 0 rg BT 273.25 641.60 Td (VIEs that most significantly impact the ) Tj ET Q q 0 0 0 rg BT 448.40 641.60 Td (VIEs) Tj ET Q q 0 0 0 rg BT 473.86 641.60 Td ( economic ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (performance and whether we have control over those activities. ) Tj ET Q q 0 0 0 rg BT 338.16 628.40 Td (W) Tj ET Q q 0 0 0 rg BT 347.66 628.40 Td (e assess whether or not we are the primary ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (beneficiary of a ) Tj ET Q q 0 0 0 rg BT 125.56 615.20 Td (VIE on an ongoing basis. ) Tj ET Q q 0 0 0 rg BT 242.38 615.20 Td (T) Tj ET Q q 0 0 0 rg BT 248.33 615.20 Td (o provide the necessary disclosures, we aggregate similar ) Tj ET Q q 0 0 0 rg BT 503.18 615.20 Td (VIEs based ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (on the nature and purpose of the entities.) Tj ET Q BT /F5 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (Low Income Housing T) Tj ET Q q 0 0 0 rg BT 155.96 575.60 Td (ax Cr) Tj ET Q q 0 0 0 rg BT 180.31 575.60 Td (edit Partnerships ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (As part of its community reinvestment initiatives, the Company invests within its footprint in multifamily ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (af) Tj ET Q q 0 0 0 rg BT 62.35 536.00 Td (fordable housing developments as a limited partner) Tj ET Q q 0 0 0 rg BT 287.18 536.00 Td (. ) Tj ET Q q 0 0 0 rg BT 295.23 536.00 Td (The Company receives tax credits for its partnership ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 522.80 Td (investments. ) Tj ET Q q 0 0 0 rg BT 114.60 522.80 Td (The Company has determined that these partnerships are ) Tj ET Q q 0 0 0 rg BT 366.71 522.80 Td (VIEs when it does not own 100% of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (entity) Tj ET Q q 0 0 0 rg BT 78.34 509.60 Td (, because the holders of the equity investment at risk do not have the power through voting rights or similar ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (rights to direct the activities of the entity that most significantly impact the entity) Tj ET Q q 0 0 0 rg BT 413.56 496.40 Td (s economic performance. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 108.27 483.20 Td (, the Company) Tj ET Q q 0 0 0 rg BT 175.79 483.20 Td (s limited partner interests are variable interests that the Company evaluates for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (purposes of determining whether the Company is the primary beneficiary) Tj ET Q q 0 0 0 rg BT 376.16 470.00 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 443.60 Td (For each of the partnerships, the Company acts strictly in a limited partnership capacity) Tj ET Q q 0 0 0 rg BT 438.17 443.60 Td (. ) Tj ET Q q 0 0 0 rg BT 446.22 443.60 Td (The Company has ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (determined that it is not the primary beneficiary of these partnerships because it does not have the power to direct ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (the activities of the entity that most significantly impact the entity) Tj ET Q q 0 0 0 rg BT 346.65 417.20 Td (s economic performance. ) Tj ET Q q 0 0 0 rg BT 462.82 417.20 Td (The Company ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (accounts for its limited partner interests in accordance with the accounting guidance for investments in af) Tj ET Q q 0 0 0 rg BT 517.17 404.00 Td (fordable ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (housing projects. Partnership assets of $57.71million and $47.83million in these partnerships were not included ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 377.60 Td (in the Consolidated Balance Sheets at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 287.07 377.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 309.07 377.60 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 330.45 377.60 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 352.45 377.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 410.38 377.60 Td (. ) Tj ET Q q 0 0 0 rg BT 418.43 377.60 Td (These limited partner interests ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 364.40 Td (had carrying values of $16.45million and $15.64million at December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 383.62 364.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 405.62 364.40 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 427.00 364.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 449.00 364.40 Td (, respectively) Tj ET Q q 0 0 0 rg BT 506.93 364.40 Td (, and are ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 351.20 Td (recorded in other assets on the Company) Tj ET Q q 0 0 0 rg BT 236.06 351.20 Td (s Consolidated Balance Sheets. ) Tj ET Q q 0 0 0 rg BT 378.84 351.20 Td (The Company) Tj ET Q q 0 0 0 rg BT 444.52 351.20 Td (s maximum exposure to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 338.00 Td (loss for these limited partner investments totaled $16.45million and $15.64million at December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 499.41 338.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 521.41 338.00 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 324.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 76.00 324.80 Td (, respectively) Tj ET Q q 0 0 0 rg BT 133.93 324.80 Td (. ) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 298.40 Td (NOTE 19: INCOME ) Tj ET Q q 0 0 0 rg BT 157.08 298.40 Td (T) Tj ET Q q 0 0 0 rg BT 163.60 298.40 Td (AXES) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 271.40 Td (The provision for income taxes char) Tj ET Q q 0 0 0 rg BT 212.94 271.40 Td (ged to operations is listed in the following) Tj ET Q BT /F2 11.50 Tf ET q 0 0 0 rg BT 398.39 271.40 Td ( chart \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 237.29999999999995 m 410.5 237.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 237.29999999999995 m 479.5 237.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 237.29999999999995 m 548.5 237.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 195.29999999999995 m 410.5 195.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 195.29999999999995 m 479.5 195.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 195.29999999999995 m 548.5 195.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 181.29999999999995 m 410.5 181.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 181.29999999999995 m 479.5 181.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 181.29999999999995 m 548.5 181.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 135.29999999999995 m 410.5 135.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 135.29999999999995 m 479.5 135.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 135.29999999999995 m 548.5 135.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 121.29999999999995 m 410.5 121.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 121.29999999999995 m 479.5 121.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 121.29999999999995 m 548.5 121.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 103.29999999999995 m 410.5 103.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 101.29999999999995 m 410.5 101.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 103.29999999999995 m 479.5 103.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 101.29999999999995 m 479.5 101.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 103.29999999999995 m 548.5 103.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 101.29999999999995 m 548.5 101.29999999999995 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 241.75 Td (For the Year Ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 368.50 241.75 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.50 241.75 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.70 241.75 Td (2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 227.75 Td (Current income tax expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 213.76 Td (Federal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 213.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 379.25 213.76 Td (\(19,332) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 213.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 213.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 213.76 Td (\(12,094) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 213.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 213.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 517.25 213.76 Td (\(13,226) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 213.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 199.76 Td (State) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.50 199.76 Td (\(444) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 199.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 199.76 Td (\(466) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 199.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.50 199.76 Td (\(436) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 199.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 185.76 Td (Total current tax expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 379.25 185.76 Td (\(19,776) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 185.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 185.76 Td (\(12,560) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 185.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 517.25 185.76 Td (\(13,662) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 185.76 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 167.75 Td (Deferred income tax \(expense\) benefit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 153.76 Td (Federal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 153.76 Td (2,641) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 153.76 Td (\(1,404) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 153.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 153.76 Td (936) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 139.76 Td (State) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.00 139.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 139.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 139.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 125.76 Td (Total deferred income tax \(expense\) benefit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 125.76 Td (2,641) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.75 125.76 Td (\(1,404) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 125.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 125.76 Td (936) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 106.76 Td (Income tax expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 106.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 379.25 106.76 Td (\(17,135) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 106.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 106.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 448.25 106.76 Td (\(13,964) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 106.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 106.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 517.25 106.76 Td (\(12,726) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 106.76 Td (\)) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 185 0 obj <> endobj 186 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (90) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (Dif) Tj ET Q q 0 0 0 rg BT 68.46 694.40 Td (ferences between income tax expense calculated at the statutory rate and shown on the Consolidated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (Statements of Income are summarized as follows \(dollars in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 647.1 m 278.5 647.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 647.1 m 282.5 647.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 647.1 m 332.5 647.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 647.1 m 386.5 647.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 647.1 m 390.5 647.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 647.1 m 440.5 647.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 647.1 m 494.5 647.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 647.1 m 498.5 647.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 647.1 m 548.5 647.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 633.1 m 278.5 633.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 633.1 m 332.5 633.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 633.1 m 386.5 633.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 633.1 m 440.5 633.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 633.1 m 494.5 633.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 633.1 m 548.5 633.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 540.1 m 278.5 540.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 540.1 m 386.5 540.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 540.1 m 494.5 540.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 527.1 m 278.5 527.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 525.1 m 278.5 525.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 540.1 m 332.5 540.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 527.1 m 332.5 527.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 525.1 m 332.5 525.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 527.1 m 386.5 527.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 525.1 m 386.5 525.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 540.1 m 440.5 540.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 527.1 m 440.5 527.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 525.1 m 440.5 525.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 527.1 m 494.5 527.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 525.1 m 494.5 525.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 540.1 m 548.5 540.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 527.1 m 548.5 527.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 525.1 m 548.5 525.1 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 271.00 651.55 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 379.00 651.55 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 487.20 651.55 Td (2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 637.55 Td (For the Year Ended December 31,) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 250.50 637.78 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 298.00 637.55 Td (Rate) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 358.50 637.78 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 406.00 637.55 Td (Rate) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 466.50 637.78 Td ($) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 514.00 637.55 Td (Rate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 623.56 Td (Federal income tax expense at statutory rate) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 231.00 623.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 247.25 623.56 Td (\(20,614) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.00 623.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.25 623.56 Td (\(35.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.50 623.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 623.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.25 623.56 Td (\(18,163) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.00 623.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.25 623.56 Td (\(35.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.50 623.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.00 623.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.25 623.56 Td (\(16,114) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 623.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 514.25 623.56 Td (\(35.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 537.50 623.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 609.56 Td (State income tax expense, net of federal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 78.50 600.56 Td (benefit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 258.50 600.56 Td (\(289) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.00 600.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 302.75 600.56 Td (\(0.49) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.50 600.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.50 600.56 Td (\(301) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.00 600.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.75 600.56 Td (\(0.58) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.50 600.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.50 600.56 Td (\(436) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 600.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 518.75 600.56 Td (\(0.95) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 537.50 600.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 586.56 Td (Tax advantaged income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 254.75 586.56 Td (2,443) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.75 586.56 Td (4.15) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.50 586.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.75 586.56 Td (2,768) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 586.56 Td (5.33) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.50 586.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.75 586.56 Td (2,817) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.75 586.56 Td (6.12) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 586.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 572.56 Td (Tax credits) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 254.75 572.56 Td (2,140) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 305.75 572.56 Td (3.63) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.50 572.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.75 572.56 Td (2,229) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 572.56 Td (4.30) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.50 572.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 470.75 572.56 Td (1,417) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.75 572.56 Td (3.08) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.50 572.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 558.56 Td (Section 162\(m\) disallowance) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 258.50 558.56 Td (\(349) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.00 558.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 302.75 558.56 Td (\(0.59) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.50 558.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.50 558.56 Td (\(598) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.00 558.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 410.75 558.56 Td (\(1.15) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.50 558.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.50 558.56 Td (\(252) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 558.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 518.75 558.56 Td (\(0.55) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 537.50 558.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 544.56 Td (Other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 258.50 544.56 Td (\(466) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.00 544.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 302.75 544.56 Td (\(0.79) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.50 544.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.50 544.56 Td (101) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 413.75 544.56 Td (0.19) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 432.50 544.56 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.50 544.56 Td (\(158) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 544.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 518.75 544.56 Td (\(0.34) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 537.50 544.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 530.56 Td (Income tax expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 231.00 530.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 247.25 530.56 Td (\(17,135) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.00 530.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.25 530.56 Td (\(29.09) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.50 530.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 530.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.25 530.56 Td (\(13,964) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.00 530.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 406.25 530.56 Td (\(26.91) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 429.50 530.56 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 447.00 530.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.25 530.56 Td (\(12,726) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.00 530.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 514.25 530.56 Td (\(27.64) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 537.50 530.56 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 500.20 Td (Deferred income taxes reflect the net tax ef) Tj ET Q q 0 0 0 rg BT 244.06 500.20 Td (fects of temporary dif) Tj ET Q q 0 0 0 rg BT 339.46 500.20 Td (ferences between the carrying amounts of assets ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 487.00 Td (and liabilities for financial reporting purposes and the amounts used for income tax purposes. Management ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 473.80 Td (believes it is more likely than not that the Company will realize the benefits of the Company) Tj ET Q q 0 0 0 rg BT 463.95 473.80 Td (s deferred tax assets.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 447.40 Td (Significant components of deferred tax assets and deferred tax liabilities follow \(in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 410.9 m 479.5 410.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 410.9 m 548.5 410.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 294.9 m 479.5 294.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 280.9 m 479.5 280.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 294.9 m 548.5 294.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 280.9 m 548.5 280.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 196.89999999999998 m 479.5 196.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 182.89999999999998 m 479.5 182.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 196.89999999999998 m 548.5 196.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 182.89999999999998 m 548.5 182.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 165.89999999999998 m 479.5 165.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 163.89999999999998 m 479.5 163.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 165.89999999999998 m 548.5 165.89999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 163.89999999999998 m 548.5 163.89999999999998 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 415.35 Td (Year Ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 437.50 415.35 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.50 415.35 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 397.35 Td (Deferred tax assets:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 383.36 Td (Allowance for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 383.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 383.36 Td (13,433) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 383.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 383.36 Td (14,150) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 369.36 Td (Stock-based compensation) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 369.36 Td (1,386) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 369.36 Td (1,345) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 355.36 Td (Other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 355.36 Td (3,818) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 355.36 Td (2,822) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 341.36 Td (Accrued expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 341.36 Td (1,769) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 341.36 Td (701) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 327.36 Td (Retirement plan) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 327.36 Td (5,937) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 327.36 Td (5,426) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 313.36 Td (Unrealized loss on securities available for sale) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 313.36 Td (131) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 536.00 313.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 299.36 Td (Deferred compensation) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 299.36 Td (5,567) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 299.36 Td (5,199) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 285.36 Td (Total deferred tax assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 285.36 Td (32,041) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 285.36 Td (29,643) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.00 271.35 Td (Deferred tax liabilities:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 257.36 Td (Depreciation) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 257.36 Td (12,823) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 257.36 Td (12,293) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 243.36 Td (Noncompete and intangibles) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 243.36 Td (1,321) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 243.36 Td (880) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 229.36 Td (Basis differences due to tax credits and partnerships) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 229.36 Td (457) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 229.36 Td (1,645) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 215.36 Td (Unrealized gain on securities available for sale) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 215.36 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 215.36 Td (907) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 201.36 Td (Other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 201.36 Td (484) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 201.36 Td (713) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 187.36 Td (Total deferred tax liabilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 187.36 Td (15,085) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 187.36 Td (16,438) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 169.36 Td (Net deferred tax assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 169.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 169.36 Td (16,956) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 169.36 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 169.36 Td (13,205) Tj ET Q BT /F2 10.00 Tf ET BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 139.00 Td (As of December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 145.33 139.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 167.33 139.00 Td ( and December31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 253.15 139.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 275.15 139.00 Td (, the Company did not have any unrecognized tax benefits. ) Tj ET Q q 0 0 0 rg BT 536.44 139.00 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 125.80 Td (Company does not expect the total amount of unrecognized tax benefits to significantly increase or decrease in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 112.60 Td (next 12 months. ) Tj ET Q q 0 0 0 rg BT 129.88 112.60 Td (The Company recognizes interest and penalties related to unrecognized tax benefits as Interest ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 99.40 Td (Expense and Other Expense, respectively) Tj ET Q q 0 0 0 rg BT 250.28 99.40 Td (, and not as part of the tax provision. ) Tj ET Q q 0 0 0 rg BT 416.88 99.40 Td (The Company did not ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 86.20 Td (recognize any interest expense or penalties for the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 396.38 86.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 418.38 86.20 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 423.88 86.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 445.88 86.20 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 470.01 86.20 Td (201) Tj ET Q q 0 0 0 rg BT 486.10 86.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 491.60 86.20 Td (. ) Tj ET Q q 0 0 0 rg BT 499.24 86.20 Td (Additionally) Tj ET Q q 0 0 0 rg BT 554.13 86.20 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 73.00 Td (there were no interest or penalties accrued at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 317.56 73.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 339.56 73.00 Td ( or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 354.23 73.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 376.23 73.00 Td (. ) Tj ET Q q 0 0 0 rg BT 384.28 73.00 Td (The Company is no longer subject to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 59.80 Td (examination for federal and state purposes for tax years prior to ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 336.54 59.80 Td (2010) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 358.54 59.80 Td (.) Tj ET Q endstream endobj 187 0 obj <> endobj 188 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (91) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (NOTE 20: ) Tj ET Q q 0 0 0 rg BT 107.48 681.20 Td (ACCUMULA) Tj ET Q q 0 0 0 rg BT 172.05 681.20 Td (TED OTHER COMPREHENSIVE INCOME) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 649.80 Td (The following table summarizes the components of accumulated other comprehensive income \(loss\) at December ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 636.60 Td (31, 2013, 2012, and 201) Tj ET Q q 0 0 0 rg BT 160.22 636.60 Td (1, and changes during the years then ended. ) Tj ET Q q 0 0 0 rg BT 357.65 636.60 Td (The amounts reclassified from accumulated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 623.40 Td (other comprehensive income for the securities available for sale are included in gain on investment securities, net ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 610.20 Td (on the consolidated statements of income, while the amounts reclassified from accumulated other comprehensive ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 597.00 Td (income for the defined benefit retirement plan are a component of salaries and employee benefits expense on the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 583.80 Td (consolidated statements of income.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 506.3 m 411.5 506.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 506.3 m 480.5 506.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 506.3 m 549.5 506.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 478.3 m 411.5 478.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 478.3 m 480.5 478.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 478.3 m 549.5 478.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 450.3 m 411.5 450.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 450.3 m 480.5 450.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 450.3 m 549.5 450.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 422.3 m 411.5 422.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 422.3 m 480.5 422.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 422.3 m 549.5 422.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 408.3 m 411.5 408.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 408.3 m 480.5 408.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 408.3 m 549.5 408.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 394.3 m 411.5 394.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 394.3 m 480.5 394.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 394.3 m 549.5 394.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 381.3 m 411.5 381.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 379.3 m 411.5 379.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 381.3 m 480.5 381.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415.5 379.3 m 480.5 379.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 381.3 m 549.5 381.3 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 379.3 m 549.5 379.3 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 357.55 528.75 Td (Unrealized) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 362.60 519.75 Td (gains on) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 354.10 510.75 Td (securities \(a\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 418.10 528.75 Td (Defined benefit) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 427.15 519.75 Td (retirement) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 432.35 510.75 Td (plan \(b\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 491.00 546.75 Td (Accumulated) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.30 537.75 Td (other) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 487.80 528.75 Td (comprehensive) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 490.50 519.75 Td (income \(loss\),) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 498.50 510.75 Td (net of tax) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 64.00 496.76 Td (Balance, December 31, 2010) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.00 496.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 394.50 496.76 Td (288) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.00 496.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.00 496.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 496.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 532.50 496.76 Td (288) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 76.00 482.76 Td (Net change) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.75 482.76 Td (2,466) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.00 482.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.75 482.76 Td (2,466) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 64.00 468.76 Td (Balance, December 31, 2011) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.75 468.76 Td (2,754) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.00 468.76 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 525.75 468.76 Td (2,754) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 76.00 454.76 Td (Net change) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 384.75 454.76 Td (\(1,055) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 454.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.50 454.76 Td (\(883) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.00 454.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.75 454.76 Td (\(1,938) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 454.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 64.00 440.76 Td (Balance, December 31, 2012) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.75 440.76 Td (1,699) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.50 440.76 Td (\(883) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.00 440.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 532.50 440.76 Td (816) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 76.00 426.76 Td ( Other comprehensive income \(loss\) before reclassifications, net of tax) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 384.75 426.76 Td (\(1,888) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 426.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.50 426.76 Td (626) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.75 426.76 Td (\(1,262) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 426.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 76.00 412.76 Td ( Amounts reclassified from AOCI, net of tax) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.00 412.76 Td (\(55) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 412.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.50 412.76 Td (157) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 532.50 412.76 Td (102) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 76.00 398.76 Td (Net change) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 384.75 398.76 Td (\(1,943) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 398.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 463.50 398.76 Td (783) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.75 398.76 Td (\(1,160) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 398.76 Td (\)) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 64.00 384.75 Td (Balance, December 31, 2013) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.00 384.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.50 384.76 Td (\(244) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 408.00 384.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 418.00 384.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.50 384.76 Td (\(100) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 477.00 384.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 487.00 384.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.50 384.76 Td (\(344) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 546.00 384.76 Td (\)) Tj ET Q BT /F2 10.00 Tf ET BT /F2 5.00 Tf ET 0 0 0 RG /GS0 gs 0.24 w 0 i [] 0 d 1 J 1 j 3 M 63 374.13349609375 m 234 374.13349609375 l s q 0 0 0 rg BT 63.00 374.80 Td ( ) Tj ET Q q 0 0 0 rg BT 90.00 374.80 Td ( ) Tj ET Q q 0 0 0 rg BT 126.00 374.80 Td ( ) Tj ET Q q 0 0 0 rg BT 162.00 374.80 Td ( ) Tj ET Q q 0 0 0 rg BT 198.00 374.80 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 362.80 Td (\(a\) For additional information about securities, refer to Note 3.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.00 350.80 Td (\(b\) For additional information about retirement plans, refer to Note 12.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 324.40 Td (NOTE 21: LEGAL) Tj ET Q q 0 0 0 rg BT 145.99 324.40 Td ( CONTINGENCIES) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 298.00 Td (V) Tj ET Q q 0 0 0 rg BT 60.72 298.00 Td (arious legal actions arise from time to time in the normal course of our business. ) Tj ET Q q 0 0 0 rg BT 419.47 298.00 Td (There were no significant ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 284.80 Td (asserted claims or assessments at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 266.60 284.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 288.60 284.80 Td (. Management was not aware of any unasserted claims or ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 271.60 Td (assessments that may be probable of assertion at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 334.11 271.60 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 356.11 271.60 Td (.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 245.20 Td (NOTE ) Tj ET Q q 0 0 0 rg BT 87.92 245.20 Td (22: ) Tj ET Q q 0 0 0 rg BT 105.34 245.20 Td ( ) Tj ET Q q 0 0 0 rg BT 108.09 245.20 Td (OTHER ) Tj ET Q q 0 0 0 rg BT 150.57 245.20 Td (RELA) Tj ET Q q 0 0 0 rg BT 180.31 245.20 Td (TED ) Tj ET Q q 0 0 0 rg BT 205.68 245.20 Td (P) Tj ET Q q 0 0 0 rg BT 211.58 245.20 Td (AR) Tj ET Q q 0 0 0 rg BT 227.08 245.20 Td (TY) Tj ET Q q 0 0 0 rg BT 241.96 245.20 Td ( ) Tj ET Q q 0 0 0 rg BT 244.51 245.20 Td (TRANSACTIONS) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 218.80 Td (Loans are made to the Company) Tj ET Q q 0 0 0 rg BT 199.71 218.80 Td (s executive of) Tj ET Q q 0 0 0 rg BT 260.59 218.80 Td (ficers and directors and their associates during the ordinary course ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 205.60 Td (of business. ) Tj ET Q q 0 0 0 rg BT 111.25 205.60 Td (The aggregate amount of loans to such related parties totaled $215.65 million, $218.95million, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 192.40 Td ($180.53million as of December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 215.30 192.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 237.30 192.40 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 242.80 192.40 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 264.80 192.40 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 288.93 192.40 Td (201) Tj ET Q q 0 0 0 rg BT 305.02 192.40 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 310.52 192.40 Td (, respectively) Tj ET Q q 0 0 0 rg BT 368.45 192.40 Td (. During ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 410.61 192.40 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 432.61 192.40 Td (, new advances on all ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 179.20 Td (commitments to such parties totaled $388.75million, adjustments to loans associated with related parties totaled ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 166.00 Td ($734,000, and repayments amounted to $392.79million. Included in the loans to related parties, at December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 152.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 76.00 152.80 Td (, we had $76.22million in unfunded commitments to extend credit to such related parties.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 126.40 Td (The Company rents space for various financial centers from companies associated with its directors. Rent ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 113.20 Td (expense related to these leases was $2.26million, $2.07million, and $2.00million for the years ended December ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 100.00 Td (31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 70.50 100.00 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 92.50 100.00 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 98.00 100.00 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 120.00 100.00 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 144.13 100.00 Td (201) Tj ET Q q 0 0 0 rg BT 160.22 100.00 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 165.72 100.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 223.65 100.00 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 73.60 Td (In the ordinary course of business, the Company acquired certain goods and services from companies associated ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 60.40 Td (with its directors, including purchases of automobiles, construction of Company-owned facilities, and ) Tj ET Q endstream endobj 189 0 obj <> endobj 190 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (92) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (maintenance and furnishing of Company facilities. ) Tj ET Q q 0 0 0 rg BT 281.88 694.40 Td (Amounts paid to these companies during the years ended ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 118.44 681.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 140.44 681.20 Td (, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 145.94 681.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 167.94 681.20 Td (, and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 192.07 681.20 Td (201) Tj ET Q q 0 0 0 rg BT 208.17 681.20 Td (1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 213.67 681.20 Td ( approximated $5.29million, $7.54 million, and $12.48 million, respectively) Tj ET Q q 0 0 0 rg BT 550.55 681.20 Td (.) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 654.20 Td (NOTE 23: QUAR) Tj ET Q q 0 0 0 rg BT 140.09 654.20 Td (TERL) Tj ET Q q 0 0 0 rg BT 169.03 654.20 Td (Y) Tj ET Q q 0 0 0 rg BT 176.57 654.20 Td ( FINANCIAL) Tj ET Q q 0 0 0 rg BT 241.05 654.20 Td ( DA) Tj ET Q q 0 0 0 rg BT 258.87 654.20 Td (T) Tj ET Q q 0 0 0 rg BT 265.39 654.20 Td (A) Tj ET Q q 0 0 0 rg BT 272.73 654.20 Td ( \(UNAUDITED\)) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 627.80 Td (Summarized unaudited quarterly financial data for the years ended December 31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 414.41 627.80 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 436.41 627.80 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 457.79 627.80 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 479.79 627.80 Td (, is as follows \(in ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 614.60 Td (thousands, except per share data\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 578.1 m 341.5 578.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 578.1 m 410.5 578.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 578.1 m 479.5 578.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 578.1 m 548.5 578.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 494.1 m 341.5 494.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 494.1 m 410.5 494.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 494.1 m 479.5 494.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 494.1 m 548.5 494.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 457.1 m 341.5 457.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 457.1 m 410.5 457.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 457.1 m 479.5 457.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 457.1 m 548.5 457.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 429.1 m 341.5 429.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 429.1 m 410.5 429.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 429.1 m 479.5 429.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 429.1 m 548.5 429.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 412.1 m 341.5 412.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 410.1 m 341.5 410.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 412.1 m 410.5 412.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 410.1 m 410.5 410.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 412.1 m 479.5 412.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 410.1 m 479.5 410.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 412.1 m 548.5 412.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 410.1 m 548.5 410.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 383.1 m 341.5 383.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 383.1 m 410.5 383.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 383.1 m 479.5 383.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 383.1 m 548.5 383.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 369.1 m 341.5 369.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 369.1 m 410.5 369.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 369.1 m 479.5 369.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 369.1 m 548.5 369.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 351.1 m 341.5 351.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 351.1 m 410.5 351.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 351.1 m 479.5 351.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 351.1 m 548.5 351.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 337.1 m 341.5 337.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 337.1 m 410.5 337.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 337.1 m 479.5 337.1 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 337.1 m 548.5 337.1 l s BT /F3 9.00 Tf ET 0 0 0 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 65 581.1463378906251 m 83 581.1463378906251 l s q 0 0 0 rg BT 65.00 582.55 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 295.00 582.55 Td (Fourth) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.20 582.55 Td (Third) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 432.70 582.55 Td (Second) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.25 582.55 Td (First) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 568.56 Td (Interest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 568.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 568.56 Td (43,101) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 568.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 568.56 Td (42,695) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 568.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 568.56 Td (42,591) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 568.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 568.56 Td (41,903) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 554.56 Td (Interest expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 554.56 Td (6,645) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 554.56 Td (6,543) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 554.56 Td (6,514) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 554.56 Td (6,693) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 540.56 Td (Provision for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.50 540.56 Td (551) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 540.56 Td (328) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 540.56 Td (\(202) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 540.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 540.56 Td (3,571) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 526.56 Td (Noninterest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 526.56 Td (18,711) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 526.56 Td (22,988) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 526.56 Td (24,463) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 526.56 Td (23,755) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 512.56 Td (Net gain \(loss\) on investment securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.00 512.56 Td (66) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 512.56 Td (150) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 512.56 Td (\(208) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 512.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 512.56 Td (604) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 498.56 Td (Noninterest expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 498.56 Td (41,000) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 498.56 Td (43,379) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 498.56 Td (43,817) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 498.56 Td (40,596) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 484.56 Td (Income before income tax expense and Noncontrolling) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 78.50 475.56 Td (interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 475.56 Td (13,682) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 475.56 Td (15,583) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 475.56 Td (16,717) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 475.56 Td (15,402) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 461.56 Td (Income tax expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 461.56 Td (3,655) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 461.56 Td (4,407) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 461.56 Td (4,707) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 461.56 Td (4,366) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 447.56 Td (Net income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 447.56 Td (10,027) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 447.56 Td (11,176) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 447.56 Td (12,010) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 447.56 Td (11,036) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 433.56 Td (Noncontrolling interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.50 433.56 Td (\(353) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 338.00 433.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.50 433.56 Td (\(758) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 433.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 433.56 Td (\(811) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 433.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.50 433.56 Td (\(564) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 433.56 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 415.56 Td (Net income attributable to TowneBank) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 415.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 415.56 Td (9,674) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 415.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 415.56 Td (10,418) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 415.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 415.56 Td (11,199) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 415.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 415.56 Td (10,472) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 401.56 Td (Net income per common share) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 387.56 Td (Basic) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 387.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.25 387.56 Td (0.27) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 387.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.25 387.56 Td (0.28) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 387.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.25 387.56 Td (0.31) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 387.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.25 387.56 Td (0.29) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 373.56 Td (Diluted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 373.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.25 373.56 Td (0.27) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 373.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.25 373.56 Td (0.28) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 373.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.25 373.56 Td (0.31) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 373.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.25 373.56 Td (0.29) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 355.56 Td (Comprehensive income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 355.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 355.56 Td (10,267) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 355.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 355.56 Td (11,559) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 355.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 355.56 Td (10,180) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 355.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 355.56 Td (11,082) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 341.56 Td (Dividends) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 341.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.25 341.56 Td (0.10) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 341.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.25 341.56 Td (0.10) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 341.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.25 341.56 Td (0.09) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 341.56 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.25 341.56 Td (0.09) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 299.29999999999995 m 341.5 299.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 299.29999999999995 m 410.5 299.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 299.29999999999995 m 479.5 299.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 299.29999999999995 m 548.5 299.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 215.29999999999995 m 341.5 215.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 215.29999999999995 m 410.5 215.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 215.29999999999995 m 479.5 215.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 215.29999999999995 m 548.5 215.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 178.29999999999995 m 341.5 178.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 178.29999999999995 m 410.5 178.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 178.29999999999995 m 479.5 178.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 178.29999999999995 m 548.5 178.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 150.29999999999995 m 341.5 150.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 150.29999999999995 m 410.5 150.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 150.29999999999995 m 479.5 150.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 150.29999999999995 m 548.5 150.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 133.29999999999995 m 341.5 133.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 131.29999999999995 m 341.5 131.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 133.29999999999995 m 410.5 133.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 131.29999999999995 m 410.5 131.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 133.29999999999995 m 479.5 133.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 131.29999999999995 m 479.5 131.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 133.29999999999995 m 548.5 133.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 131.29999999999995 m 548.5 131.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 104.29999999999995 m 341.5 104.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 104.29999999999995 m 410.5 104.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 104.29999999999995 m 479.5 104.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 104.29999999999995 m 548.5 104.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 90.29999999999995 m 341.5 90.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 90.29999999999995 m 410.5 90.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 90.29999999999995 m 479.5 90.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 90.29999999999995 m 548.5 90.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 72.29999999999995 m 341.5 72.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 72.29999999999995 m 410.5 72.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 72.29999999999995 m 479.5 72.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 72.29999999999995 m 548.5 72.29999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276.5 58.299999999999955 m 341.5 58.299999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 58.299999999999955 m 410.5 58.299999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 58.299999999999955 m 479.5 58.299999999999955 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 58.299999999999955 m 548.5 58.299999999999955 l s BT /F3 9.00 Tf ET 0 0 0 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 65 302.34633789062497 m 83 302.34633789062497 l s q 0 0 0 rg BT 65.00 303.75 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 295.00 303.75 Td (Fourth) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 366.20 303.75 Td (Third) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 432.70 303.75 Td (Second) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 506.25 303.75 Td (First) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 289.76 Td (Interest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 289.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 289.76 Td (43,651) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 289.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 289.76 Td (44,216) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 289.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 289.76 Td (43,210) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 289.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 289.76 Td (42,428) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 275.76 Td (Interest expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 275.76 Td (7,040) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 275.76 Td (7,232) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 275.76 Td (7,306) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 275.76 Td (7,643) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 261.76 Td (Provision for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 261.76 Td (2,959) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 261.76 Td (4,977) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 261.76 Td (4,122) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 261.76 Td (4,097) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 247.76 Td (Noninterest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 247.76 Td (18,995) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 247.76 Td (21,674) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 247.76 Td (20,743) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 247.76 Td (19,771) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 233.76 Td (Net gain \(loss\) on investment securities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 326.00 233.76 Td (\(33) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 338.00 233.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 393.50 233.76 Td (508) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 233.76 Td (1,753) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.50 233.76 Td (778) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 219.76 Td (Noninterest expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 219.76 Td (40,346) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 219.76 Td (40,231) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 219.76 Td (40,640) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 219.76 Td (37,532) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 205.76 Td (Income before income tax expense and Noncontrolling) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 78.50 196.76 Td (interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 313.25 196.76 Td (12,268) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 196.76 Td (13,958) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 196.76 Td (13,638) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 520.25 196.76 Td (13,705) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 182.76 Td (Income tax expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 182.76 Td (2,446) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 182.76 Td (4,063) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 182.76 Td (3,401) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 182.76 Td (4,054) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 168.76 Td (Net income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 168.76 Td (9,822) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 168.76 Td (9,895) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 168.76 Td (10,237) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 168.76 Td (9,651) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 154.76 Td (Noncontrolling interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 321.50 154.76 Td (\(205) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 338.00 154.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.50 154.76 Td (\(545) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 407.00 154.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 154.76 Td (\(709) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 154.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 528.50 154.76 Td (\(214) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.00 154.76 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 136.76 Td (Net income attributable to TowneBank) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 136.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 136.76 Td (9,617) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 136.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 386.75 136.76 Td (9,350) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 136.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 136.76 Td (9,528) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 136.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 136.76 Td (9,437) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 122.76 Td (Net income per common share) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 108.76 Td (Basic) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 108.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.25 108.76 Td (0.24) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 108.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.25 108.76 Td (0.26) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 108.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.25 108.76 Td (0.26) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 108.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.25 108.76 Td (0.25) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 77.00 94.76 Td (Diluted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 94.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.25 94.76 Td (0.24) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 94.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.25 94.76 Td (0.26) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 94.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.25 94.76 Td (0.26) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 94.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.25 94.76 Td (0.25) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 76.76 Td (Comprehensive income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 76.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 76.76 Td (8,896) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 76.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.25 76.76 Td (10,346) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 76.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 76.76 Td (8,818) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 76.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 76.76 Td (9,607) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.00 62.76 Td (Dividends) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.00 62.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.25 62.76 Td (0.09) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 62.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.25 62.76 Td (0.08) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 417.00 62.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.25 62.76 Td (0.08) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.00 62.76 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.75 62.76 Td (0.078) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 191 0 obj <> endobj 192 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (93) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (NOTE ) Tj ET Q q 0 0 0 rg BT 87.92 681.20 Td (24: ) Tj ET Q q 0 0 0 rg BT 105.34 681.20 Td ( ) Tj ET Q q 0 0 0 rg BT 108.09 681.20 Td (SEGMENT) Tj ET Q q 0 0 0 rg BT 162.90 681.20 Td ( ) Tj ET Q q 0 0 0 rg BT 165.65 681.20 Td (REPOR) Tj ET Q q 0 0 0 rg BT 203.76 681.20 Td (TING) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (The Company has three reportable segments: Banking, Realty) Tj ET Q q 0 0 0 rg BT 326.38 654.80 Td (, and Insurance. ) Tj ET Q q 0 0 0 rg BT 401.32 654.80 Td (The Banking segment provides ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (loan and deposit services to retail and commercial customers throughout Hampton Roads and northeastern North ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 628.40 Td (Carolina and includes the operations of ) Tj ET Q q 0 0 0 rg BT 229.14 628.40 Td (T) Tj ET Q q 0 0 0 rg BT 235.09 628.40 Td (owneBank Commercial Mortgage and ) Tj ET Q q 0 0 0 rg BT 405.96 628.40 Td (T) Tj ET Q q 0 0 0 rg BT 411.91 628.40 Td (owne Investment Group. ) Tj ET Q q 0 0 0 rg BT 526.27 628.40 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (Realty segment combines the operations of Prudential ) Tj ET Q q 0 0 0 rg BT 294.22 615.20 Td (T) Tj ET Q q 0 0 0 rg BT 300.17 615.20 Td (owne Realty with ) Tj ET Q q 0 0 0 rg BT 380.32 615.20 Td (T) Tj ET Q q 0 0 0 rg BT 386.27 615.20 Td (owneBank Mortgage, Lawyers Escrow ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (and ) Tj ET Q q 0 0 0 rg BT 72.43 602.00 Td (T) Tj ET Q q 0 0 0 rg BT 78.77 602.00 Td (itle, LLC, d/b/a ) Tj ET Q q 0 0 0 rg BT 149.14 602.00 Td (V) Tj ET Q q 0 0 0 rg BT 156.42 602.00 Td (ir) Tj ET Q q 0 0 0 rg BT 162.94 602.00 Td (ginia Home ) Tj ET Q q 0 0 0 rg BT 217.12 602.00 Td (T) Tj ET Q q 0 0 0 rg BT 223.45 602.00 Td (itle and Settlements, SimonT) Tj ET Q q 0 0 0 rg BT 350.39 602.00 Td (owne Mortgage, LLC, ) Tj ET Q q 0 0 0 rg BT 451.31 602.00 Td (T) Tj ET Q q 0 0 0 rg BT 457.26 602.00 Td (owne Mortgage of the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 588.80 Td (Carolinas, LLC, NewT) Tj ET Q q 0 0 0 rg BT 154.65 588.80 Td (owne Mortgage, LLC, and Corolla Classic ) Tj ET Q q 0 0 0 rg BT 344.47 588.80 Td (V) Tj ET Q q 0 0 0 rg BT 351.20 588.80 Td (acations,LLC, to provide residential real ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 575.60 Td (estate services, resort property management, originations of a variety of mortgage loans, and commercial and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 562.40 Td (residential title insurance. Mortgage loans are originated and sold principally in the secondary market through ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 549.20 Td (purchase commitments from investors. ) Tj ET Q q 0 0 0 rg BT 230.38 549.20 Td (The Insurance segment provides full-service commercial and retail ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 536.00 Td (insurance and employee benefit services through ) Tj ET Q q 0 0 0 rg BT 271.28 536.00 Td (T) Tj ET Q q 0 0 0 rg BT 277.23 536.00 Td (owne Insurance and ) Tj ET Q q 0 0 0 rg BT 367.74 536.00 Td (TF) Tj ET Q q 0 0 0 rg BT 379.76 536.00 Td (A) Tj ET Q q 0 0 0 rg BT 387.10 536.00 Td ( Benefits.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 509.60 Td (All the segments are service-based. ) Tj ET Q q 0 0 0 rg BT 214.77 509.60 Td (The Banking segment of) Tj ET Q q 0 0 0 rg BT 323.02 509.60 Td (fers a distribution and referral network for the realty ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 496.40 Td (and insurance services, and the Realty and Insurance divisions of) Tj ET Q q 0 0 0 rg BT 340.32 496.40 Td (fer a similar network for the Banking segment ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 483.20 Td (due lar) Tj ET Q q 0 0 0 rg BT 84.04 483.20 Td (gely to overlapping geographic markets. ) Tj ET Q q 0 0 0 rg BT 266.40 483.20 Td (A) Tj ET Q q 0 0 0 rg BT 273.74 483.20 Td ( major distinction is the source of income. ) Tj ET Q q 0 0 0 rg BT 464.16 483.20 Td (The Realty and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 470.00 Td (Insurance businesses are fee-based businesses, while the Banking segment is driven principally by net interest ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 456.80 Td (income. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 430.40 Td (Segment profit and loss is measured by net income after income tax. Inter) Tj ET Q q 0 0 0 rg BT 381.24 430.40 Td (-segment transactions are recorded at ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 417.20 Td (cost and eliminated as part of the consolidation process. Because of the interrelationships of the various ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 404.00 Td (segments, the information presented is not indicative of how the segments would perform if they operated as ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 390.80 Td (independent entities.) Tj ET Q endstream endobj 193 0 obj <> endobj 194 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (94) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (Information about reportable segments and reconciliation of such information to the consolidated financial ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (statements follows \(dollars in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 634.5 m 356 634.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 634.5 m 420 634.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 634.5 m 484 634.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 634.5 m 548 634.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 606.5 m 356 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 606.5 m 420 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 606.5 m 484 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 606.5 m 548 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 606.5 m 356 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 606.5 m 420 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 606.5 m 484 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 606.5 m 548 606.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 508.5 m 356 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 508.5 m 420 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 508.5 m 484 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 508.5 m 548 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 508.5 m 420 508.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 471.5 m 356 471.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 471.5 m 420 471.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 471.5 m 484 471.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 471.5 m 548 471.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 434.5 m 356 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 434.5 m 420 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 434.5 m 484 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 434.5 m 548 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 434.5 m 420 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 434.5 m 484 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 434.5 m 548 434.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 406.5 m 356 406.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 406.5 m 420 406.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 406.5 m 484 406.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 406.5 m 548 406.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 393.5 m 356 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 391.5 m 356 391.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 406.5 m 420 406.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 393.5 m 420 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 391.5 m 420 391.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 393.5 m 484 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 391.5 m 484 391.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 393.5 m 548 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 391.5 m 548 391.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 378.5 m 356 378.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 391.5 m 420 391.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 393.5 m 420 393.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 378.5 m 420 378.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 378.5 m 484 378.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 364.5 m 356 364.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 364.5 m 420 364.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 364.5 m 484 364.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 378.5 m 548 378.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 364.5 m 548 364.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.50 648.90 Td (For the Year Ended December 31, 2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 315.20 638.95 Td (Bank) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 377.00 638.95 Td (Realty) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.20 638.95 Td (Insurance) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 492.20 647.95 Td (Consolidated) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.90 638.95 Td (Totals) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 624.96 Td (Net interest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.50 624.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.75 624.96 Td (141,543) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.50 624.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 624.96 Td (2,352) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 624.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 624.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.50 624.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.75 624.96 Td (143,895) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 610.96 Td (Provision for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.75 610.96 Td (4,248) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.00 610.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 610.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.75 610.96 Td (4,248) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 596.96 Td (Net interest income after provision for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.75 596.96 Td (137,295) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 596.96 Td (2,352) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 596.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.75 596.96 Td (139,647) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 582.96 Td (Residential mortgage banking income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.50 582.96 Td (\(448) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 582.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.25 582.96 Td (29,425) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 582.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 582.96 Td (28,977) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 568.96 Td (Real estate brokerage and property management income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 568.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.25 568.96 Td (12,316) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 568.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 568.96 Td (12,316) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 554.96 Td (Insurance commissions and other title fees and income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 554.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 554.96 Td (1,921) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 554.96 Td (26,401) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 554.96 Td (28,322) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 540.96 Td (Other noninterest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 540.96 Td (18,463) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 540.96 Td (1,416) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 540.96 Td (1,034) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 540.96 Td (20,913) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 526.96 Td (Noninterest expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.75 526.96 Td (100,411) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.25 526.96 Td (36,651) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 526.96 Td (19,228) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.75 526.96 Td (156,290) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 512.96 Td (Depreciation and amortization) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.75 512.96 Td (8,727) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 512.96 Td (1,665) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 512.96 Td (2,110) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 512.96 Td (12,502) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 498.96 Td (Income before income tax, corporate allocation, and) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 79.00 489.96 Td (noncontrolling interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 489.96 Td (46,172) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 489.96 Td (9,114) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 489.96 Td (6,097) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 489.96 Td (61,383) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 475.96 Td (Corporate allocation) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.50 475.96 Td (\(904) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 475.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.50 475.96 Td (568) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 475.96 Td (336) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.00 475.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 461.96 Td (Income before income tax provision and noncontrolling) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 79.00 452.96 Td (interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 452.96 Td (47,076) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 452.96 Td (8,546) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 452.96 Td (5,761) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 452.96 Td (61,383) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 438.96 Td (Income tax provision) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 438.96 Td (12,680) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 438.96 Td (2,384) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 438.96 Td (2,071) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 438.96 Td (17,135) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 424.96 Td (Net income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 424.96 Td (34,396) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 424.96 Td (6,162) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 424.96 Td (3,690) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 424.96 Td (44,248) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 410.96 Td (Noncontrolling interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 410.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.75 410.96 Td (\(2,099) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 412.00 410.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 410.96 Td (\(387) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 410.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 516.75 410.96 Td (\(2,486) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.00 410.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 396.96 Td (Net income attributable to TowneBank) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.50 396.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 396.96 Td (34,396) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.50 396.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 396.96 Td (4,063) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 396.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 396.96 Td (3,303) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.50 396.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 396.96 Td (41,762) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 382.96 Td (Net income as percentage of total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.75 382.96 Td (82.36) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 382.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.25 382.96 Td (9.73) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 412.00 382.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.25 382.96 Td (7.91) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 382.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 382.96 Td (100.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.00 382.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 368.96 Td (Assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.50 368.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.00 368.96 Td (4,473,782) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.50 368.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.75 368.96 Td (118,150) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 368.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 368.96 Td (81,065) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.50 368.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 504.00 368.96 Td (4,672,997) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 354.96 Td (Efficiency ratio) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.75 354.96 Td (68.40) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 354.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 354.96 Td (80.78) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 412.00 354.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 354.96 Td (77.78) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 354.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.75 354.96 Td (72.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.00 354.96 Td (%) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 195 0 obj <> endobj 196 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (95) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 678.5 m 356 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 678.5 m 420 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 678.5 m 484 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 678.5 m 548 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 678.5 m 356 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 678.5 m 420 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 678.5 m 484 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 678.5 m 548 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 650.5 m 356 650.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 650.5 m 420 650.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 650.5 m 484 650.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 650.5 m 548 650.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 552.5 m 356 552.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 552.5 m 420 552.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 552.5 m 484 552.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 552.5 m 548 552.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 552.5 m 356 552.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 552.5 m 420 552.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 552.5 m 484 552.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 552.5 m 548 552.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 515.5 m 356 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 515.5 m 420 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 515.5 m 484 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 515.5 m 548 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 515.5 m 356 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 515.5 m 420 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 515.5 m 484 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 515.5 m 548 515.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 478.5 m 356 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 478.5 m 420 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 478.5 m 484 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 478.5 m 548 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 478.5 m 356 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 478.5 m 420 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 478.5 m 484 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 478.5 m 548 478.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 450.5 m 356 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 450.5 m 420 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 450.5 m 484 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 450.5 m 548 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 450.5 m 356 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 437.5 m 356 437.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 435.5 m 356 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 450.5 m 420 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 437.5 m 420 437.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 435.5 m 420 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 450.5 m 484 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 437.5 m 484 437.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 435.5 m 484 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 450.5 m 548 450.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 437.5 m 548 437.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 435.5 m 548 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 435.5 m 356 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 437.5 m 356 437.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 422.5 m 356 422.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 435.5 m 420 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 437.5 m 420 437.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 422.5 m 420 422.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 435.5 m 484 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 437.5 m 484 437.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 422.5 m 484 422.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 435.5 m 548 435.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 437.5 m 548 437.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 422.5 m 548 422.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 408.5 m 356 408.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 408.5 m 420 408.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 408.5 m 484 408.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 408.5 m 548 408.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.50 692.90 Td (For the Year Ended December 31, 2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 315.20 682.95 Td (Bank) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 377.00 682.95 Td (Realty) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.20 682.95 Td (Insurance) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 492.20 691.95 Td (Consolidated) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.90 682.95 Td (Totals) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 668.96 Td (Net interest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.50 668.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.75 668.96 Td (141,517) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.50 668.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 668.96 Td (2,754) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 668.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 668.96 Td (13) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.50 668.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.75 668.96 Td (144,284) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 654.96 Td (Provision for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 654.96 Td (16,155) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.00 654.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 654.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 654.96 Td (16,155) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 640.96 Td (Net interest income after provision for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.75 640.96 Td (125,362) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 640.96 Td (2,754) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 640.96 Td (13) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.75 640.96 Td (128,129) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 626.96 Td (Residential mortgage banking income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.50 626.96 Td (\(548) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 626.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.25 626.96 Td (27,546) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 626.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 626.96 Td (26,998) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 612.96 Td (Real estate brokerage and property management income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 612.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.25 612.96 Td (11,515) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 612.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 612.96 Td (11,515) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 598.96 Td (Insurance commissions and other title fees and income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 598.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 598.96 Td (1,830) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 598.96 Td (21,628) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 598.96 Td (23,458) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 584.96 Td (Other noninterest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 584.96 Td (20,226) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 584.96 Td (1,279) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 584.96 Td (713) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 584.96 Td (22,218) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 570.96 Td (Noninterest expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 570.96 Td (99,927) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.25 570.96 Td (30,690) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 570.96 Td (16,556) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.75 570.96 Td (147,173) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 556.96 Td (Depreciation and amortization) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.75 556.96 Td (8,272) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 556.96 Td (1,617) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 556.96 Td (1,687) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 556.96 Td (11,576) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 542.96 Td (Income before income tax, corporate allocation, and) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 79.00 533.96 Td (noncontrolling interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 533.96 Td (36,841) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.25 533.96 Td (12,617) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 533.96 Td (4,111) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 533.96 Td (53,569) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 519.96 Td (Corporate allocation) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.50 519.96 Td (\(565) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 519.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.50 519.96 Td (402) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 519.96 Td (163) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.00 519.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 505.96 Td (Income before income tax provision and noncontrolling) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 79.00 496.96 Td (interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 496.96 Td (37,406) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.25 496.96 Td (12,215) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 496.96 Td (3,948) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 496.96 Td (53,569) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 482.96 Td (Income tax provision) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.75 482.96 Td (8,468) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 482.96 Td (3,995) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 482.96 Td (1,501) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 482.96 Td (13,964) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 468.96 Td (Net income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 468.96 Td (28,938) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 468.96 Td (8,220) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 468.96 Td (2,447) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 468.96 Td (39,605) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 454.96 Td (Noncontrolling interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 454.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 388.75 454.96 Td (\(1,475) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 412.00 454.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 454.96 Td (\(199) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 454.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 516.75 454.96 Td (\(1,674) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.00 454.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 440.96 Td (Net income attributable to TowneBank) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.50 440.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 440.96 Td (28,938) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.50 440.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 440.96 Td (6,745) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 440.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 440.96 Td (2,248) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.50 440.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 440.96 Td (37,931) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 426.96 Td (Net income as percentage of total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.75 426.96 Td (76.29) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 426.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 426.96 Td (17.78) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 412.00 426.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.25 426.96 Td (5.93) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 426.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 426.96 Td (100.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.00 426.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 412.96 Td (Assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.50 412.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.00 412.96 Td (4,140,727) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.50 412.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.75 412.96 Td (192,248) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 412.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 412.96 Td (72,948) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.50 412.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 504.00 412.96 Td (4,405,923) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 398.96 Td (Efficiency ratio) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.75 398.96 Td (67.12) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 398.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 398.96 Td (71.91) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 412.00 398.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 398.96 Td (81.61) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 398.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.75 398.96 Td (69.48) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.00 398.96 Td (%) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 355.5 m 356 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 355.5 m 420 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 355.5 m 484 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 355.5 m 548 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 355.5 m 356 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 355.5 m 420 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 355.5 m 484 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 355.5 m 548 355.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 327.5 m 356 327.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 327.5 m 420 327.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 327.5 m 484 327.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 327.5 m 548 327.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 327.5 m 356 327.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 327.5 m 420 327.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 327.5 m 484 327.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 327.5 m 548 327.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 229.5 m 356 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 229.5 m 420 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 229.5 m 484 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 229.5 m 548 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 229.5 m 356 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 229.5 m 420 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 229.5 m 484 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 229.5 m 548 229.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 192.5 m 356 192.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 192.5 m 420 192.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 192.5 m 484 192.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 192.5 m 548 192.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 192.5 m 356 192.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 192.5 m 420 192.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 192.5 m 484 192.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 192.5 m 548 192.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 155.5 m 356 155.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 155.5 m 420 155.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 155.5 m 484 155.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 155.5 m 548 155.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 155.5 m 356 155.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 155.5 m 420 155.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 155.5 m 484 155.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 155.5 m 548 155.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 127.5 m 356 127.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 127.5 m 420 127.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 127.5 m 484 127.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 127.5 m 548 127.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 127.5 m 356 127.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 114.5 m 356 114.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 112.5 m 356 112.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 127.5 m 420 127.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 114.5 m 420 114.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 112.5 m 420 112.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 127.5 m 484 127.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 114.5 m 484 114.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 112.5 m 484 112.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 127.5 m 548 127.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 114.5 m 548 114.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 112.5 m 548 112.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 112.5 m 356 112.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 114.5 m 356 114.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 99.5 m 356 99.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 112.5 m 420 112.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 114.5 m 420 114.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 99.5 m 420 99.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 112.5 m 484 112.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 114.5 m 484 114.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 99.5 m 484 99.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 112.5 m 548 112.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 114.5 m 548 114.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 99.5 m 548 99.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 99.5 m 356 99.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 85.5 m 356 85.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 99.5 m 420 99.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 85.5 m 420 85.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 99.5 m 484 99.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 85.5 m 484 85.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 99.5 m 548 99.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 85.5 m 548 85.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 65.50 369.90 Td (For the Year Ended December 31, 2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 315.20 359.95 Td (Bank) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 377.00 359.95 Td (Realty) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.20 359.95 Td (Insurance) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 492.20 368.95 Td (Consolidated) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 505.90 359.95 Td (Totals) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 345.96 Td (Net interest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.50 345.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.75 345.96 Td (134,720) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.50 345.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 345.96 Td (1,475) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 345.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 345.96 Td (27) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.50 345.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.75 345.96 Td (136,222) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 331.96 Td (Provision for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 331.96 Td (13,602) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 403.00 331.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 331.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 331.96 Td (13,602) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 317.96 Td (Net interest income after provision for loan losses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.75 317.96 Td (121,118) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 317.96 Td (1,475) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 317.96 Td (27) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.75 317.96 Td (122,620) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 303.96 Td (Residential mortgage banking income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.50 303.96 Td (\(157) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 303.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.25 303.96 Td (12,799) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 303.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 303.96 Td (12,642) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 289.96 Td (Real estate brokerage and property management income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 289.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.25 289.96 Td (11,496) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 467.00 289.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 289.96 Td (11,496) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 275.96 Td (Insurance commissions and other title fees and income, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 275.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 275.96 Td (1,681) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 275.96 Td (20,865) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 275.96 Td (22,546) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 261.96 Td (Other noninterest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 261.96 Td (19,154) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 261.96 Td (1,222) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 261.96 Td (673) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 261.96 Td (21,049) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 247.96 Td (Noninterest expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 247.96 Td (95,298) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.25 247.96 Td (23,191) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 247.96 Td (14,973) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.75 247.96 Td (133,462) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 233.96 Td (Depreciation and amortization) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.75 233.96 Td (8,061) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 233.96 Td (1,751) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 233.96 Td (1,546) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 233.96 Td (11,358) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 219.96 Td (Income before income tax, corporate allocation, and) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 79.00 210.96 Td (noncontrolling interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 210.96 Td (36,756) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 210.96 Td (3,731) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 210.96 Td (5,046) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 210.96 Td (45,533) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 196.96 Td (Corporate allocation) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 331.50 196.96 Td (\(468) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 196.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.50 196.96 Td (288) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 462.50 196.96 Td (180) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 531.00 196.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 182.96 Td (Income before income tax provision and noncontrolling) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 79.00 173.96 Td (interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 173.96 Td (37,224) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 173.96 Td (3,443) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 173.96 Td (4,866) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 173.96 Td (45,533) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 159.96 Td (Income tax provision) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.75 159.96 Td (9,267) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 159.96 Td (1,626) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 159.96 Td (1,833) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 159.96 Td (12,726) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 145.96 Td (Net income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 145.96 Td (27,957) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 145.96 Td (1,817) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 145.96 Td (3,033) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 145.96 Td (32,807) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 131.96 Td (Noncontrolling interest) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 339.00 131.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 398.50 131.96 Td (824) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.50 131.96 Td (\(310) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 131.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 526.50 131.96 Td (514) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 117.96 Td (Net income attributable to TowneBank) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.50 117.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 323.25 117.96 Td (27,957) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.50 117.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 117.96 Td (2,641) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 117.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 117.96 Td (2,723) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.50 117.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 117.96 Td (33,321) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 103.96 Td (Net income as percentage of total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.75 103.96 Td (83.90) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 103.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.25 103.96 Td (7.93) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 412.00 103.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 460.25 103.96 Td (8.17) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 103.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 515.25 103.96 Td (100.00) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.00 103.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 89.96 Td (Assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.50 89.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 312.00 89.96 Td (3,856,997) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.50 89.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.75 89.96 Td (159,641) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 89.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 451.25 89.96 Td (65,132) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.50 89.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 504.00 89.96 Td (4,081,770) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 75.96 Td (Efficiency ratio) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.75 75.96 Td (67.24) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 75.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.75 75.96 Td (86.99) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 412.00 75.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 75.96 Td (76.60) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 75.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.75 75.96 Td (71.01) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.00 75.96 Td (%) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 197 0 obj <> endobj 198 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (96) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 694.40 Td (The following table provides the change in net income and total assets for each segment, comparing December ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (31, ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 70.50 681.20 Td (2013) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 92.50 681.20 Td ( and ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 113.88 681.20 Td (2012) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 135.88 681.20 Td ( \(dollars in thousands\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 643.5 m 356 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 643.5 m 420 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 643.5 m 484 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 643.5 m 548 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 643.5 m 356 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 643.5 m 420 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 643.5 m 484 643.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 643.5 m 548 643.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 309.20 647.95 Td (Banking) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 377.00 647.95 Td (Realty) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 434.20 647.95 Td (Insurance) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 492.20 647.95 Td (Consolidated) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 632.96 Td (Net Income \($\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.50 632.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.75 632.96 Td (5,459) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.50 632.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.75 632.96 Td (\(2,682) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.00 632.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 632.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 632.96 Td (1,055) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.50 632.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.75 632.96 Td (3,832) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 617.96 Td (Net Income \(%\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.75 617.96 Td (18.86) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 617.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.75 617.96 Td (\(39.76) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.00 617.96 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 617.96 Td (46.93) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 617.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 519.75 617.96 Td (10.10) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.00 617.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 602.96 Td (Total Assets \($\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 298.50 602.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.75 602.96 Td (333,055) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 362.50 602.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.25 602.96 Td (\(74,098) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.00 602.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 426.50 602.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 602.96 Td (8,117) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 490.50 602.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 510.75 602.96 Td (267,074) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 65.50 587.96 Td (Total Assets \(%\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 332.25 587.96 Td (8.04) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 348.00 587.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 385.75 587.96 Td (\(38.54) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.00 587.96 Td (\)%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 455.75 587.96 Td (11.13) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 476.00 587.96 Td (%) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 524.25 587.96 Td (6.06) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 540.00 587.96 Td (%) Tj ET Q BT /F2 10.00 Tf ET BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 557.60 Td (NOTE 25: EARNINGS PER SHARE) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 531.20 Td (The following chart summarizes information related to the computation of basic and diluted earnings per share ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 518.00 Td (\(dollars in thousands, except per share data\):) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 481.5 m 402.5 481.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 481.5 m 471.5 481.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 481.5 m 540.5 481.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 439.5 m 402.5 439.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 439.5 m 471.5 439.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 439.5 m 540.5 439.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 439.5 m 471.5 439.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 439.5 m 540.5 439.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 411.5 m 402.5 411.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 398.5 m 402.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 396.5 m 402.5 396.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 411.5 m 471.5 411.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 398.5 m 471.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 396.5 m 471.5 396.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 411.5 m 540.5 411.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 398.5 m 540.5 398.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 396.5 m 540.5 396.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 351.5 m 402.5 351.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 351.5 m 471.5 351.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 351.5 m 540.5 351.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 351.5 m 471.5 351.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 351.5 m 540.5 351.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 277.5 m 402.5 277.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 263.5 m 402.5 263.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 277.5 m 471.5 277.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 263.5 m 471.5 263.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 277.5 m 540.5 277.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 263.5 m 540.5 263.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 263.5 m 402.5 263.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 250.5 m 402.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 248.5 m 402.5 248.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 263.5 m 471.5 263.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 250.5 m 471.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 248.5 m 471.5 248.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 263.5 m 540.5 263.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 250.5 m 540.5 250.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 248.5 m 540.5 248.5 l s BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 485.95 Td (Year Ended December 31,) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 360.50 485.95 Td (2013) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 429.50 485.95 Td (2012) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 498.70 485.95 Td (2011) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 471.95 Td (Basic) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 457.96 Td (Net income, as reported) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.00 457.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 374.25 457.96 Td (41,762) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.00 457.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.25 457.96 Td (37,931) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.00 457.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 512.25 457.96 Td (33,321) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 443.96 Td (Preferred stock dividends and accretion of discount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 375.75 443.96 Td (\(4,227) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 399.00 443.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 444.75 443.96 Td (\(6,226) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 468.00 443.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 509.25 443.96 Td (\(10,434) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 537.00 443.96 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 429.96 Td (Net income available to common shareholders) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.00 429.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 374.25 429.96 Td (37,535) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.00 429.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.25 429.96 Td (31,705) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.00 429.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 512.25 429.96 Td (22,887) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 415.96 Td (Average common shares outstanding \(1\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.50 415.96 Td (32,863,962) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.50 415.96 Td (30,772,130) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.50 415.96 Td (29,773,173) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 401.96 Td (Basic earnings per common share \(1\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.00 401.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.25 401.96 Td (1.14) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.00 401.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.25 401.96 Td (1.03) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.00 401.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.25 401.96 Td (0.77) Tj ET Q BT /F3 9.00 Tf ET q 0 0 0 rg BT 57.00 383.95 Td (Diluted) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 369.96 Td (Net income available to common shareholders) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.00 369.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 374.25 369.96 Td (37,535) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.00 369.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.25 369.96 Td (31,705) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.00 369.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 512.25 369.96 Td (22,887) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 355.96 Td (Interest applicable to subordinated debt, net of tax \(2\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.00 355.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 454.50 355.96 Td (154) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 523.50 355.96 Td (714) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 341.96 Td (Net income available to common shareholders, for diluted EPS) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 374.25 341.96 Td (37,535) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.25 341.96 Td (31,859) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 512.25 341.96 Td (23,601) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 323.96 Td (Average common shares outstanding \(1\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.50 323.96 Td (32,863,962) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.50 323.96 Td (30,772,130) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.50 323.96 Td (29,773,173) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 309.96 Td (Effect of dilutive securities:) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 69.00 295.96 Td (Stock compensation plans, net of tax benefit \(1\)\(3\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 374.25 295.96 Td (56,326) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 443.25 295.96 Td (52,025) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 512.25 295.96 Td (63,536) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 69.00 281.96 Td (Convertible subordinated debentures \(1\)\(4\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 390.00 281.96 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 438.75 281.96 Td (219,465) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 501.00 281.96 Td (1,057,736) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 267.96 Td (Average diluted shares outstanding) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 358.50 267.96 Td (32,920,288) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 427.50 267.96 Td (31,043,620) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.50 267.96 Td (30,894,444) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 57.00 253.96 Td (Diluted earnings per common share \(1\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 340.00 253.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 383.25 253.96 Td (1.14) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 409.00 253.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 452.25 253.96 Td (1.03) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.00 253.96 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 521.25 253.96 Td (0.76) Tj ET Q BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 62.5 235.5 m 356.5 235.5 l s BT /F2 10.00 Tf ET BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 225.20 Td (\(1\) ) Tj ET Q q 0 0 0 rg BT 66.58 225.20 Td (The period ended December 31, 201) Tj ET Q q 0 0 0 rg BT 197.70 225.20 Td (1 has been restated to reflect 3% common stock dividend paid June 12, 2012.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 214.40 Td (\(2\) ) Tj ET Q q 0 0 0 rg BT 66.25 214.40 Td (Annualized interest on 8% convertible subordinated capital debentures \(net of tax\) is added to net income, since this interest would not ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 203.60 Td (be paid if the debentures were converted to common stock.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 192.80 Td (\(3\) Stock options and restricted stock shares totaling 996, 24,092, and 21,052 were excluded from the computation of diluted earnings per ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 67.50 182.00 Td (share during ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 114.49 182.00 Td (2013) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 132.49 182.00 Td (, ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 136.99 182.00 Td (2012) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 154.99 182.00 Td (, and ) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 174.73 182.00 Td (201) Tj ET Q q 0 0 0 rg BT 187.90 182.00 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 192.40 182.00 Td (, respectively) Tj ET Q q 0 0 0 rg BT 239.79 182.00 Td (, because their inclusion would be antidilutive.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 54.00 171.20 Td (\(4\) Shares are assumed to have been converted since the beginning of the period.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 144.20 Td (On September 1, 2013, all outstanding shares of Series ) Tj ET Q q 0 0 0 rg BT 297.49 144.20 Td (A) Tj ET Q q 0 0 0 rg BT 304.82 144.20 Td ( Preferred Stock were mandatorily converted into ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 131.00 Td (3.19million shares of ) Tj ET Q q 0 0 0 rg BT 152.48 131.00 Td (T) Tj ET Q q 0 0 0 rg BT 158.44 131.00 Td (owneBank common stock reflecting a conversion price of $18.02 per share of common ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 117.80 Td (stock, plus cash in lieu of any fractional shares. ) Tj ET Q q 0 0 0 rg BT 267.63 117.80 Td (These shares of Series ) Tj ET Q q 0 0 0 rg BT 367.82 117.80 Td (A) Tj ET Q q 0 0 0 rg BT 375.16 117.80 Td ( preferred stock were not included in the ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 104.60 Td (computation of diluted earnings per share because the ef) Tj ET Q q 0 0 0 rg BT 301.82 104.60 Td (fect was anti-dilutive for all periods presented in the table ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 91.40 Td (above.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 65.00 Td (In conjunction with the Company) Tj ET Q q 0 0 0 rg BT 204.92 65.00 Td (s issuance of Series B Preferred Stock to the U.S. ) Tj ET Q q 0 0 0 rg BT 424.68 65.00 Td (T) Tj ET Q q 0 0 0 rg BT 431.01 65.00 Td (reasury) Tj ET Q q 0 0 0 rg BT 462.67 65.00 Td (, the Company issued ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 51.80 Td (a 10-year warrant to purchase 554,330 common shares at an exercise price of $20.69 per share. ) Tj ET Q q 0 0 0 rg BT 477.75 51.80 Td (These ) Tj ET Q endstream endobj 199 0 obj <> endobj 200 0 obj <> stream BT /F1 9.00 Tf ET BT /F1 9.00 Tf ET BT /F3 13.50 Tf ET q 0 0 0 rg BT 54.00 738.00 Td (T) Tj ET Q q 0 0 0 rg BT 62.76 738.00 Td (OWNEBANK ) Tj ET Q BT /F3 10.50 Tf ET q 0 0 0 rg BT 54.00 725.40 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 92.03 725.40 Td (T) Tj ET Q q 0 0 0 rg BT 98.85 725.40 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 172.46 725.40 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 255.60 725.40 Td ( ST) Tj ET Q q 0 0 0 rg BT 270.29 725.40 Td (A) Tj ET Q q 0 0 0 rg BT 277.09 725.40 Td (TEMENTS ) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 711.9 m 221.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 53.5 709.9 m 221.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 711.9 m 395.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 709.9 m 395.5 709.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 711.9 m 557.5 711.9 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 709.9 m 557.5 709.9 l s BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (97) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 681.20 Td (shares were not included in the computation of diluted earnings per share because the ef) Tj ET Q q 0 0 0 rg BT 441.11 681.20 Td (fect was anti-dilutive for ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 668.00 Td (the periods presented in the table above. On May 15, 2013, the Company repurchased the warrant from the U.S. ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 654.80 Td (T) Tj ET Q q 0 0 0 rg BT 60.33 654.80 Td (reasury Department for $1.5 million. ) Tj ET Q q 0 0 0 rg BT 224.78 654.80 Td (The transaction reduced additional paid-in capital within stockholders) Tj ET Q q 0 0 0 rg BT 535.23 654.80 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 641.60 Td (equity by $1.5 million. ) Tj ET Q q 0 0 0 rg BT 159.83 641.60 Td (The warrant repurchase did not impact results of operations.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 615.20 Td (On March 19, 2012, there was a mandatory conversion of ) Tj ET Q q 0 0 0 rg BT 310.39 615.20 Td (T) Tj ET Q q 0 0 0 rg BT 316.35 615.20 Td (owneBank) Tj ET Q q 0 0 0 rg BT 366.45 615.20 Td (s $13.60million of outstanding Series III ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 602.00 Td (notes into shares of ) Tj ET Q q 0 0 0 rg BT 141.79 602.00 Td (T) Tj ET Q q 0 0 0 rg BT 147.74 602.00 Td (owneBank common stock.) 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Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 54.00 624.40 Td (COMMON ST) Tj ET Q q 0 0 0 rg BT 123.77 624.40 Td (OCK) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 598.00 Td (The Company) Tj ET Q q 0 0 0 rg BT 119.68 598.00 Td (s Common Stock is listed on the NASDAQ Global Select Market under the symbol ) Tj ET Q q 0 0 0 rg BT 489.17 598.00 Td (T) Tj ET Q q 0 0 0 rg BT 495.69 598.00 Td (OWN. ) Tj ET Q q 0 0 0 rg BT 530.01 598.00 Td (The ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 584.80 Td (following are the quarterly high and low closing sale prices of the Company) Tj ET Q q 0 0 0 rg BT 391.86 584.80 Td (s common stock for the periods ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 571.60 Td (indicated.) 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Clyde E. McFarland, Jr) Tj ET Q q 0 0 0 rg BT 228.68 374.40 Td (.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 108.00 361.20 Td (Senior Executive ) Tj ET Q q 0 0 0 rg BT 186.00 361.20 Td (V) Tj ET Q q 0 0 0 rg BT 193.28 361.20 Td (ice President and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 353.45 361.20 Td (ficer) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 108.00 348.00 Td (T) Tj ET Q q 0 0 0 rg BT 113.95 348.00 Td (owneBank) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 108.00 334.80 Td (6001 Harbour ) Tj ET Q q 0 0 0 rg BT 171.95 334.80 Td (V) Tj ET Q q 0 0 0 rg BT 179.24 334.80 Td (iew Boulevard) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 108.00 321.60 Td (Suf) Tj ET Q q 0 0 0 rg BT 123.08 321.60 Td (folk, ) Tj ET Q q 0 0 0 rg BT 146.10 321.60 Td (V) Tj ET Q q 0 0 0 rg BT 153.39 321.60 Td (ir) Tj ET Q q 0 0 0 rg BT 159.91 321.60 Td (ginia 23435) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 108.00 308.40 Td (757-638-6801) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 108.00 295.20 Td (email: Clyde.McFarland@townebank.net) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 54.00 276.00 Td (These reports are also available on our website at http://www) Tj ET Q q 0 0 0 rg BT 323.01 276.00 Td (.townebank.com/investor_relations.) 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