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## CONDENSED STATEMENTS OF CASH FLOWS 

<img src='content_image/199847.jpg'>

## NOTE 22: SUBSEQUENT EVENTS 

The Company sold its interests in three affordable housing limited partnerships with a carrying value of $5.2 million during January 2012. Net proceeds from the sale of these investments were approximately $8.5 million. As a result, the Company will recognize a pre-tax gain on sale of $3.3 million during the first quarter of 2012. 

In addition, during January 2012, the Company paid off $38.0 million in FHLB advances with a weighted average rate of 4.26% and a weighted average duration of 2.6 years. In connection with paying off the FHLB advances, the Company will incur prepayment penalties of approximately $3.7 million during the first quarter of 2012. Sources available to repay the FHLB advances included net proceeds from the sale of the Company’s limited partnership interests and excess liquidity previously invested in federal funds. 

