the evaluation also details historical losses by loan category and the resulting loan loss rates which are projected for current loan total amounts . loss estimates for specified problem loans are also detailed . all of the factors considered in the analysis of the adequacy of the allowance for loan losses may be subject to change . to the extent actual outcomes differ from management estimates , additional provisions for loan losses may be required that could materially adversely impact earnings in future periods . additional information can be found in note 1 of the notes to consolidated financial statements . 33 other-than-temporary impairment of securities securities are evaluated on at least a quarterly basis , and more frequently when market conditions warrant such an evaluation , to determine whether a decline in their value is other-than-temporary . fasb asc 320-10-65 , clarifies the interaction of the factors that should be considered when determining whether a debt security is other-than-temporarily impaired . for debt securities , management must assess whether ( a ) it has the intent to sell the security and ( b ) it is more likely than not that it will be required to sell the security prior to its anticipated recovery . these steps are done before assessing whether the entity will recover the cost basis of the investment . previously , this assessment required management to assert that it had both the intent and the ability to hold a security for a period of time sufficient to allow for anticipated recovery in fair value to avoid recognizing an other-than-temporary impairment . this change does not affect the need to forecast recovery of the value of the security through either cash flows or market price . in instances when a determination is made that an other-than-temporary impairment exists but the investor does not intend to sell the debt security and it is not more likely than not that it will be required to sell the debt security prior to its anticipated recovery , fasb asc 320-10-65 changes the presentation and amount of the other-than-temporary impairment recognized in the income statement . the other-than-temporary impairment is separated into ( a ) the amount of the total other-than-temporary impairment related to a decrease in cash flows expected to be collected from the debt security ( the credit loss ) and ( b ) the amount of the total other-than-temporary impairment related to all other factors . the amount of the total other-than-temporary impairment related to the credit loss is recognized through earnings . the amount of the total other-than-temporary impairment related to all other factors is recognized in other comprehensive income . impairment charges on certain investment securities of approximately $ 652,000 were recognized in earnings during the year ended december 31 , 2013. of this amount , $ 628,000 related to a pooled trust preferred security ( or “ trup ” ) , and $ 24,000 related to principal losses on a variable rate private label collateralized mortgage obligation ( “ cmo ” ) . the corporation 's approach to determining whether or not other-than-temporary impairment exists for any of these investments was consistent with the accounting guidance in effect at that time . for the year ended december 31 , 2013 , the corporation primarily relied upon the guidance in fasb asc 320-10-65 , fasb asc 820-10-65 and fasb asc 310-10-35. additional information can be found in note 5 of the notes to consolidated financial statements . impairment charges on certain investment securities of approximately $ 870,000 were recognized in earnings during the year ended december 31 , 2012. of this amount , $ 68,000 related to a trup , $ 484,000 related to a variable rate private label cmo and $ 318,000 related to principal losses on a variable rate private label cmo . the corporation 's approach to determining whether or not other-than-temporary impairment exists for any of these investments was consistent with the accounting guidance in effect at that time . for the years ended december 31 , 2012 and 2011 , the corporation primarily relied upon the guidance in fasb asc 320-10-65 , fasb asc 820-10-65 and fasb asc 325-10-35. income taxes the objectives of accounting for income taxes are to recognize the amount of taxes payable or refundable for the current year and deferred tax liabilities and assets for the future tax consequences of events that have been recognized in an entity 's financial statements or tax returns . judgment is required in assessing the future tax consequences of events that have been recognized in the corporation 's consolidated financial statements or tax returns . fluctuations in the actual outcome of these future tax consequences could impact the corporation 's consolidated financial condition or results of operations . notes 1 ( under the caption “ use of estimates ” ) and 12 of the notes to consolidated financial statements include additional discussion on the accounting for income taxes . goodwill the corporation has adopted the provisions of fasb asc 350-10-05 , which requires that goodwill be reported separate from other intangible assets in the consolidated statements of condition and not be amortized but tested for impairment annually or more frequently if impairment indicators arise for impairment . no impairment charge was deemed necessary for the years ended december 31 , 2013 , 2012 and 2011 . 34 fair value of investment securities in october 2008 , the fasb issued fasb asc 820-10-35 , to clarify the application of the provisions of fasb asc 820-10-05 in an inactive market and how an entity would determine fair value in an inactive market . changes in the corporation 's methodology occurred for the quarter ended june 30 , 2009 as new accounting guidance was released in april of 2009 with mandatory adoption required in the second quarter . story_separator_special_tag net interest income is presented in this financial review on a tax equivalent basis by adjusting tax-exempt income ( primarily interest earned on various obligations of state and political subdivisions ) by the amount of income tax which would have been paid had the assets been invested in taxable issues , and then in accordance with the corporation 's consolidated financial statements . accordingly , the net interest income data presented in this financial review differ from the corporation 's net interest income components of the consolidated financial statements presented elsewhere in this report . 38 net interest income , on a tax-equivalent basis , for the year ended december 31 , 2013 increased $ 3.3 million , or 7.3 percent , to $ 48.7 million , from $ 45.4 million for 2012. the corporation 's net interest margin decreased 2 basis points to 3.30 percent from 3.32 percent . from 2011 to 2012 , net interest income on a tax equivalent basis increased by $ 4.8 million and the net interest margin decreased by 21 basis points . during 2013 , our net interest margin was positively impacted by increases in the investment portfolio and net loans funded by increases in core deposits , a decrease in high yielding time deposits in excess of $ 100,000 and reductions in borrowings . these factors were offset , however , by lower rates earned on our loans and investments , resulting in an overall decline in our net interest margin . the change in net interest income from 2012 to 2013 was attributable in part to the reduction in short-term interest rates that have remained at historic low levels throughout 2013 coupled with a sustained steepening of the interest rate yield curve . in light of the financial crisis , the corporation experienced growth of $ 12.3 million in non-interest bearing deposits during 2013 and , $ 34.2 million in savings , money market and time deposits under $ 100,000 during 2013 as customers ' desire for safety and liquidity remained paramount in light of their overall investment concerns . during 2013 , the corporation made a concerted effort to reduce non-core , single service deposits , and accordingly its un-invested cash position , had an adverse impact on the corporation 's net interest margin during 2013. during the twelve months ended december 31 , 2013 , the corporation 's net interest spread declined by 5 basis points as a 13 basis point decrease in the average yield on interest-earning assets was not quite offset by a 8 basis point decrease in the average interest rates paid on interest-bearing liabilities . for the year ended december 31 , 2013 , average interest-earning assets increased by $ 108.8 million to $ 1.478 billion , as compared with the year ended december 31 , 2012. the 2013 change in average interest-earning asset volume was primarily due to increased loan volume and increased investment volume . increased average loan and investment volume in 2013 was funded primarily by the increased deposit growth . average interest-bearing liabilities increased by $ 25.9 million , due primarily to an increase in interest bearing deposits of $ 36.4 million partially offset by decreases in borrowings of $ 10.5 million . for the year ended december 31 , 2012 , average interest-earning assets increased by $ 216.7 million to $ 1.4 billion , as compared with the year ended december 31 , 2011. the 2012 change in average interest-earning asset volume was primarily due to increased investment volume and increased loan volume . increased average investment volume in 2012 was funded primarily by the increased deposit growth . average interest-bearing liabilities increased by $ 168.3 million , due primarily to an increase in interest bearing deposits of $ 201.7 million partially offset by decreases in borrowings of $ 33.4 million . the factors underlying the year-to-year changes in net interest income are reflected in the tables presented on pages 38 and 40 , each of which have been presented on a tax-equivalent basis ( assuming a 35 percent tax rate for 2013 and 2012 and 34 percent for 2011 ) . the table on page 42 ( average statements of condition with interest and average rates ) shows the corporation 's consolidated average balance of assets , liabilities and stockholders ' equity , the amount of income produced from interest-earning assets and the amount of expense incurred from interest-bearing liabilities , and net interest income as a percentage of average interest-earning assets . 39 net interest margin the following table quantifies the impact on net interest income ( on a tax-equivalent basis ) resulting from changes in average balances and average rates over the past three years . any change in interest income or expense attributable to both changes in volume and changes in rate has been allocated in proportion to the relationship of the absolute dollar amount of change in each category . analysis of variance in net interest income due to volume and rates replace_table_token_9_th interest income on a tax-equivalent basis for the year ended december 31 , 2013 increased by approximately $ 2.6 million or 4.6 percent as compared with the year ended december 31 , 2012. this increase was due primarily to increases in the balances of the corporation 's loan and investment securities portfolios offset in part by a decline in rates due to the actions taken by the federal reserve to maintain historically low market interest rates . the corporation 's loan portfolio increased on average $ 93.3 million to $ 908.8 million from $ 815.5 million in 2012 , primarily driven by growth in commercial loans and commercial real estate . the loan portfolio represented approximately 61.5 percent of the corporation 's interest-earning assets ( on average ) during 2013 and 59.6 percent for 2012. average investment securities increased during 2013 by $ 18.1 million compared to 2012 as the corporation has continued to increase its concentration in tax-exempt securities and focused

liquidity the liquidity position of the corporation is dependent on successful management of its assets and liabilities so as to meet the needs of both deposit and credit customers . liquidity needs arise principally to accommodate possible deposit outflows and to meet customers ' requests for loans . scheduled principal loan repayments , maturing investments , short-term liquid assets and deposit in-flows , can satisfy such needs . the objective of liquidity management is to enable the corporation to maintain sufficient liquidity to meet its obligations in a timely and cost-effective manner . management monitors current and projected cash flows , and adjusts positions as necessary to maintain adequate levels of liquidity . by using a variety of potential funding sources and staggering maturities , the risk of potential funding pressure is reduced . management also maintains a detailed liquidity contingency plan designed to respond adequately to situations which could lead to liquidity concerns . management believes that the corporation has the funding capacity to meet the liquidity needs arising from potential events . in addition to securities available to pledge , the corporation also maintains borrowing capacity through the federal discount window and the federal home loan bank of new york secured with loans and marketable securities . liquidity is measured and monitored for the bank . the corporation reviews its net short-term mismatch . this measures the ability of the corporation to meet obligations should access to bank dividends be constrained . at december 31 , 2013 , the parent corporation had $ 285,000 in cash and short-term investments compared to $ 629,000 at december 31 , 2012. expenses at the parent corporation are moderate and management believes that the parent corporation has adequate liquidity to fund its obligations . certain provisions of long-term debt agreements , primarily subordinated debt , prevent the corporation from creating liens on , disposing of or issuing voting stock of subsidiaries . as of december 31 , 2013 , the corporation was in compliance with all covenants and provisions of these agreements .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity the liquidity position of the corporation is dependent on successful management of its assets and liabilities so as to meet the needs of both deposit and credit customers . liquidity needs arise principally to accommodate possible deposit outflows and to meet customers ' requests for loans . scheduled principal loan repayments , maturing investments , short-term liquid assets and deposit in-flows , can satisfy such needs . the objective of liquidity management is to enable the corporation to maintain sufficient liquidity to meet its obligations in a timely and cost-effective manner . management monitors current and projected cash flows , and adjusts positions as necessary to maintain adequate levels of liquidity . by using a variety of potential funding sources and staggering maturities , the risk of potential funding pressure is reduced . management also maintains a detailed liquidity contingency plan designed to respond adequately to situations which could lead to liquidity concerns . management believes that the corporation has the funding capacity to meet the liquidity needs arising from potential events . in addition to securities available to pledge , the corporation also maintains borrowing capacity through the federal discount window and the federal home loan bank of new york secured with loans and marketable securities . liquidity is measured and monitored for the bank . the corporation reviews its net short-term mismatch . this measures the ability of the corporation to meet obligations should access to bank dividends be constrained . at december 31 , 2013 , the parent corporation had $ 285,000 in cash and short-term investments compared to $ 629,000 at december 31 , 2012. expenses at the parent corporation are moderate and management believes that the parent corporation has adequate liquidity to fund its obligations . certain provisions of long-term debt agreements , primarily subordinated debt , prevent the corporation from creating liens on , disposing of or issuing voting stock of subsidiaries . as of december 31 , 2013 , the corporation was in compliance with all covenants and provisions of these agreements .
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 Suspicious Activity Report : the evaluation also details historical losses by loan category and the resulting loan loss rates which are projected for current loan total amounts . loss estimates for specified problem loans are also detailed . all of the factors considered in the analysis of the adequacy of the allowance for loan losses may be subject to change . to the extent actual outcomes differ from management estimates , additional provisions for loan losses may be required that could materially adversely impact earnings in future periods . additional information can be found in note 1 of the notes to consolidated financial statements . 33 other-than-temporary impairment of securities securities are evaluated on at least a quarterly basis , and more frequently when market conditions warrant such an evaluation , to determine whether a decline in their value is other-than-temporary . fasb asc 320-10-65 , clarifies the interaction of the factors that should be considered when determining whether a debt security is other-than-temporarily impaired . for debt securities , management must assess whether ( a ) it has the intent to sell the security and ( b ) it is more likely than not that it will be required to sell the security prior to its anticipated recovery . these steps are done before assessing whether the entity will recover the cost basis of the investment . previously , this assessment required management to assert that it had both the intent and the ability to hold a security for a period of time sufficient to allow for anticipated recovery in fair value to avoid recognizing an other-than-temporary impairment . this change does not affect the need to forecast recovery of the value of the security through either cash flows or market price . in instances when a determination is made that an other-than-temporary impairment exists but the investor does not intend to sell the debt security and it is not more likely than not that it will be required to sell the debt security prior to its anticipated recovery , fasb asc 320-10-65 changes the presentation and amount of the other-than-temporary impairment recognized in the income statement . the other-than-temporary impairment is separated into ( a ) the amount of the total other-than-temporary impairment related to a decrease in cash flows expected to be collected from the debt security ( the credit loss ) and ( b ) the amount of the total other-than-temporary impairment related to all other factors . the amount of the total other-than-temporary impairment related to the credit loss is recognized through earnings . the amount of the total other-than-temporary impairment related to all other factors is recognized in other comprehensive income . impairment charges on certain investment securities of approximately $ 652,000 were recognized in earnings during the year ended december 31 , 2013. of this amount , $ 628,000 related to a pooled trust preferred security ( or “ trup ” ) , and $ 24,000 related to principal losses on a variable rate private label collateralized mortgage obligation ( “ cmo ” ) . the corporation 's approach to determining whether or not other-than-temporary impairment exists for any of these investments was consistent with the accounting guidance in effect at that time . for the year ended december 31 , 2013 , the corporation primarily relied upon the guidance in fasb asc 320-10-65 , fasb asc 820-10-65 and fasb asc 310-10-35. additional information can be found in note 5 of the notes to consolidated financial statements . impairment charges on certain investment securities of approximately $ 870,000 were recognized in earnings during the year ended december 31 , 2012. of this amount , $ 68,000 related to a trup , $ 484,000 related to a variable rate private label cmo and $ 318,000 related to principal losses on a variable rate private label cmo . the corporation 's approach to determining whether or not other-than-temporary impairment exists for any of these investments was consistent with the accounting guidance in effect at that time . for the years ended december 31 , 2012 and 2011 , the corporation primarily relied upon the guidance in fasb asc 320-10-65 , fasb asc 820-10-65 and fasb asc 325-10-35. income taxes the objectives of accounting for income taxes are to recognize the amount of taxes payable or refundable for the current year and deferred tax liabilities and assets for the future tax consequences of events that have been recognized in an entity 's financial statements or tax returns . judgment is required in assessing the future tax consequences of events that have been recognized in the corporation 's consolidated financial statements or tax returns . fluctuations in the actual outcome of these future tax consequences could impact the corporation 's consolidated financial condition or results of operations . notes 1 ( under the caption “ use of estimates ” ) and 12 of the notes to consolidated financial statements include additional discussion on the accounting for income taxes . goodwill the corporation has adopted the provisions of fasb asc 350-10-05 , which requires that goodwill be reported separate from other intangible assets in the consolidated statements of condition and not be amortized but tested for impairment annually or more frequently if impairment indicators arise for impairment . no impairment charge was deemed necessary for the years ended december 31 , 2013 , 2012 and 2011 . 34 fair value of investment securities in october 2008 , the fasb issued fasb asc 820-10-35 , to clarify the application of the provisions of fasb asc 820-10-05 in an inactive market and how an entity would determine fair value in an inactive market . changes in the corporation 's methodology occurred for the quarter ended june 30 , 2009 as new accounting guidance was released in april of 2009 with mandatory adoption required in the second quarter . story_separator_special_tag net interest income is presented in this financial review on a tax equivalent basis by adjusting tax-exempt income ( primarily interest earned on various obligations of state and political subdivisions ) by the amount of income tax which would have been paid had the assets been invested in taxable issues , and then in accordance with the corporation 's consolidated financial statements . accordingly , the net interest income data presented in this financial review differ from the corporation 's net interest income components of the consolidated financial statements presented elsewhere in this report . 38 net interest income , on a tax-equivalent basis , for the year ended december 31 , 2013 increased $ 3.3 million , or 7.3 percent , to $ 48.7 million , from $ 45.4 million for 2012. the corporation 's net interest margin decreased 2 basis points to 3.30 percent from 3.32 percent . from 2011 to 2012 , net interest income on a tax equivalent basis increased by $ 4.8 million and the net interest margin decreased by 21 basis points . during 2013 , our net interest margin was positively impacted by increases in the investment portfolio and net loans funded by increases in core deposits , a decrease in high yielding time deposits in excess of $ 100,000 and reductions in borrowings . these factors were offset , however , by lower rates earned on our loans and investments , resulting in an overall decline in our net interest margin . the change in net interest income from 2012 to 2013 was attributable in part to the reduction in short-term interest rates that have remained at historic low levels throughout 2013 coupled with a sustained steepening of the interest rate yield curve . in light of the financial crisis , the corporation experienced growth of $ 12.3 million in non-interest bearing deposits during 2013 and , $ 34.2 million in savings , money market and time deposits under $ 100,000 during 2013 as customers ' desire for safety and liquidity remained paramount in light of their overall investment concerns . during 2013 , the corporation made a concerted effort to reduce non-core , single service deposits , and accordingly its un-invested cash position , had an adverse impact on the corporation 's net interest margin during 2013. during the twelve months ended december 31 , 2013 , the corporation 's net interest spread declined by 5 basis points as a 13 basis point decrease in the average yield on interest-earning assets was not quite offset by a 8 basis point decrease in the average interest rates paid on interest-bearing liabilities . for the year ended december 31 , 2013 , average interest-earning assets increased by $ 108.8 million to $ 1.478 billion , as compared with the year ended december 31 , 2012. the 2013 change in average interest-earning asset volume was primarily due to increased loan volume and increased investment volume . increased average loan and investment volume in 2013 was funded primarily by the increased deposit growth . average interest-bearing liabilities increased by $ 25.9 million , due primarily to an increase in interest bearing deposits of $ 36.4 million partially offset by decreases in borrowings of $ 10.5 million . for the year ended december 31 , 2012 , average interest-earning assets increased by $ 216.7 million to $ 1.4 billion , as compared with the year ended december 31 , 2011. the 2012 change in average interest-earning asset volume was primarily due to increased investment volume and increased loan volume . increased average investment volume in 2012 was funded primarily by the increased deposit growth . average interest-bearing liabilities increased by $ 168.3 million , due primarily to an increase in interest bearing deposits of $ 201.7 million partially offset by decreases in borrowings of $ 33.4 million . the factors underlying the year-to-year changes in net interest income are reflected in the tables presented on pages 38 and 40 , each of which have been presented on a tax-equivalent basis ( assuming a 35 percent tax rate for 2013 and 2012 and 34 percent for 2011 ) . the table on page 42 ( average statements of condition with interest and average rates ) shows the corporation 's consolidated average balance of assets , liabilities and stockholders ' equity , the amount of income produced from interest-earning assets and the amount of expense incurred from interest-bearing liabilities , and net interest income as a percentage of average interest-earning assets . 39 net interest margin the following table quantifies the impact on net interest income ( on a tax-equivalent basis ) resulting from changes in average balances and average rates over the past three years . any change in interest income or expense attributable to both changes in volume and changes in rate has been allocated in proportion to the relationship of the absolute dollar amount of change in each category . analysis of variance in net interest income due to volume and rates replace_table_token_9_th interest income on a tax-equivalent basis for the year ended december 31 , 2013 increased by approximately $ 2.6 million or 4.6 percent as compared with the year ended december 31 , 2012. this increase was due primarily to increases in the balances of the corporation 's loan and investment securities portfolios offset in part by a decline in rates due to the actions taken by the federal reserve to maintain historically low market interest rates . the corporation 's loan portfolio increased on average $ 93.3 million to $ 908.8 million from $ 815.5 million in 2012 , primarily driven by growth in commercial loans and commercial real estate . the loan portfolio represented approximately 61.5 percent of the corporation 's interest-earning assets ( on average ) during 2013 and 59.6 percent for 2012. average investment securities increased during 2013 by $ 18.1 million compared to 2012 as the corporation has continued to increase its concentration in tax-exempt securities and focused

