Annual report pursuant to Section 13 and 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY

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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (USD $)
Preferred Stock [Member]
Common Stock [Member]
Surplus [Member]
Retained Earnings [Member]
Discount on Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Balance at Dec. 31, 2010 $ 35,595,000 $ 34,532,000 $ 185,763,000 $ 169,801,000 $ (1,177,000) $ 3,571,000 $ 428,085,000
Net income       30,445,000     30,445,000
Other comprehensive income (loss), (net of tax)           6,079,000 6,079,000
Cash dividends on Common Stock       (7,284,000)     (7,284,000)
Tax benefit from exercise of stock awards     15,000       15,000
Stock purchased under stock repurchase plan (35,595,000)           (35,595,000)
Dividends on preferred stock       (1,961,000)     (1,961,000)
Accretion of discount on preferred stock       (1,177,000) 1,177,000    
Issuance of common stock under Dividend Reinvestment Plan   16,000 361,000       377,000
Issuance of common stock under Equity Compensation Plan   39,000 158,000       197,000
Vesting of restricted stock under Equity Compensation Plan   23,000 (23,000)        
Issuance of common stock for services rendered   62,000 502,000       564,000
Stock-based compensation expense     717,000       717,000
Balance at Dec. 31, 2011   34,672,000 187,493,000 189,824,000   9,650,000 421,639,000
Net income       35,411,000     35,411,000
Other comprehensive income (loss), (net of tax)           434,000 434,000
Cash dividends on Common Stock       (8,969,000)     (8,969,000)
Stock purchased under stock repurchase plan   (1,291,000) (13,154,000)       (14,445,000)
Issuance of common stock under Dividend Reinvestment Plan   61,000 571,000 (632,000)      
Issuance of common stock under Equity Compensation Plan   3,000 28,000       31,000
Vesting of restricted stock under Equity Compensation Plan   21,000 (21,000)        
Issuance of common stock for services rendered   49,000 516,000       565,000
Net settle for taxes on Restricted Stock Awards   (5,000) (50,000)       (55,000)
Stock-based compensation expense     1,252,000       1,252,000
Balance at Dec. 31, 2012   33,510,000 176,635,000 215,634,000   10,084,000 435,863,000
Net income       34,496,000     34,496,000
Other comprehensive income (loss), (net of tax)           (12,274,000) (12,274,000)
Cash dividends on Common Stock       (12,535,000)     (12,535,000)
Stock purchased under stock repurchase plan   (664,000) (8,835,000)       (9,499,000)
Issuance of common stock under Dividend Reinvestment Plan   63,000 893,000 (956,000)      
Issuance of common stock under Equity Compensation Plan   67,000 860,000       927,000
Vesting of restricted stock under Equity Compensation Plan   26,000 (26,000)        
Issuance of common stock for services rendered   25,000 452,000       477,000
Net settle for taxes on Restricted Stock Awards   (7,000) (98,000)       (105,000)
Stock-based compensation expense     889,000       889,000
Balance at Dec. 31, 2013   $ 33,020,000 $ 170,770,000 $ 236,639,000   $ (2,190,000) $ 438,239,000