FORM 8-K

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IFZ4qRIL5KD/cz07z32T+hgj/xkswOvLN4OjE1CMMrYa6pwqNoDZPYKqguu+yxC8 GjPLYjsLNQi4T5JR9gPWoQ== 0000950123-09-026183.txt : 20090728 0000950123-09-026183.hdr.sgml : 20090728 20090728134236 ACCESSION NUMBER: 0000950123-09-026183 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 8 CONFORMED PERIOD OF REPORT: 20090728 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090728 DATE AS OF CHANGE: 20090728 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRSTMERIT CORP /OH/ CENTRAL INDEX KEY: 0000354869 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 341339938 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-10161 FILM NUMBER: 09966732 BUSINESS ADDRESS: STREET 1: 111 CASCADE PLAZA STREET 2: 7TH FLOOR CITY: AKRON STATE: OH ZIP: 44308 BUSINESS PHONE: 3309966300 FORMER COMPANY: FORMER CONFORMED NAME: FIRSTMERIT CORP / DATE OF NAME CHANGE: 19980116 FORMER COMPANY: FORMER CONFORMED NAME: FIRSTMERIT CORP DATE OF NAME CHANGE: 19941219 FORMER COMPANY: FORMER CONFORMED NAME: FIRST BANCORPORATION OF OHIO /OH/ DATE OF NAME CHANGE: 19941219 8-K 1 l37138e8vk.htm FORM 8-K FORM 8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) July 28, 2009

FIRSTMERIT CORPORATION

(Exact name of registrant as specified in its charter)


Ohio	0-10161	34-1339938

(State or other jurisdiction	(Commission	( IRS Employer
of incorporation)	File Number)	Identification No.)


III Cascade Plaza, 7^th Floor Akron, Ohio		44308

(Address of principal executive offices)		(Zip Code)

(330) 996-6300

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On July 28, 2009, FirstMerit Corporation (the “Company”) announced earnings for the quarter ended June 30, 2009. A copy of the press release and certain financial information for this period is attached as Exhibit 99.1 hereto and incorporated by reference herein.

Pursuant to General Instruction B.2 of Current Report on Form 8-K, the information in this Item 2.02 is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section. Furthermore, the information in this Item 2.02 shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.


Exhibit Number		Description

99.1		Press Release, dated July 28, 2009.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	FirstMerit Corporation
	By:	/s/ Terrence E. Bichsel
		Terrence E. Bichsel
		Executive Vice President and Chief Financial Officer

Date: July 28, 2009

EX-99.1 2 l37138exv99w1.htm EX-99.1 EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

FirstMerit Corporation
Analysts: Thomas O’Malley/Investor Relations Officer
Phone: 330.384.7109
Media Contact: Robert Townsend/Media Relations Officer
Phone: 330.384.7075

FirstMerit Reports Second Quarter 2009 EPS of $0.13 Per Share

Company announces:

	•		*year-over-year revenue growth,*

	•		*increase in tangible common equity levels to 8.36 percent,*

	•		*increase in allowance for credit losses to 1.64 percent, and*

	•		*reduction in nonperforming assets of 3.79 percent*

Akron, Ohio (July 28, 2009) — FirstMerit Corporation (Nasdaq: FMER) reported second quarter 2009 net income of $15.5 million, or $0.13 per diluted share. This compares with $29.4 million, or $0.34 per diluted share, for the first quarter 2009 and $29.2 million, or $0.36 per diluted share, for the second quarter 2008. Included in the second quarter 2009 results was a $3.7 million after-tax FDIC Special Assessment fee ($0.04 per share). Also included in the second quarter 2009 results was a $4.5 million after-tax expense ($0.06 per share) associated with the unamortized discount on the preferred stock under the TARP program. The Company’s provision for loan losses in the second quarter 2009 exceeded net charge-offs by $5.0 million. The after-tax impact to net income from this reserve build action was $3.6 million ($0.04 per share).

On April 22, FirstMerit repurchased all of the $125 million in preferred, non-voting stock that was sold to the Treasury Department under the Capital Purchase Program (“CPP”) under the Troubled Asset Relief Program (“TARP”). On May 27, 2009, FirstMerit repurchased a warrant to issue common shares which was issued to the Treasury for $5.0 million. This action completes FirstMerit’s participation in CPP under TARP.

-more-

FirstMerit Reports Second Quarter 2009 EPS Results / Page 2

“Our second quarter results reflect solid performance that confirms FirstMerit’s position as the strong and stable bank of choice in northeast Ohio. Remaining focused on sound banking fundamentals and pursuing strategies for consistent and sustainable profitability resulted in increased revenue, better-than-peer credit quality, well-managed expenses and a strong balance sheet,” said Paul G. Greig, chairman, president and CEO of FirstMerit Corporation. “In a challenging operating environment, our efforts once again produced increased revenue over the prior-year quarter.”

“Our increased capital levels provide us with additional support in this uncertain economy and position us to take advantage of growth opportunities in and around our core markets,” Greig said. “During this past quarter, we enhanced our already strong balance sheet by adding $61 million of tangible common equity generated by our at-the-market stock offering”

Returns on average common equity (“ROE”) and average assets (“ROA”) for the second quarter 2009 were 6.27% and 0.57%, respectively, compared with 12.39% and 1.07% for the first quarter 2009 and 12.31% and 1.11% for the second quarter 2008.

Net interest margin was 3.56% for the second quarter of 2009 compared with 3.53% for the first quarter of 2009 and 3.69% for the second quarter of 2008. The margin expansion in the quarter was primarily driven by lower funding costs due to a continued shift in deposit mix with increased emphasis on core deposit products and lower certificate of deposit balances.

Average loans during the second quarter of 2009 decreased $134.3 million, or 1.82%, compared to the first quarter of 2009 and increased $106.1 million, or 1.49%, compared with the second quarter of 2008. The increase in the second quarter 2009 as compared to second quarter 2008 was due to commercial loan growth of $193.8 million, or 4.76%. The reduction in loans in the second quarter of 2009 compared to the prior quarter reflects the current economic cycle in which business owners have reduced inventory and receivables and are focused on paying down existing debt.

During the second quarter of 2009 the Company increased its average core deposits, which excludes time deposits, by $311.9 million, or 6.16%, compared with the first quarter of 2009, and $778.1 million, or 16.93%, compared with the second quarter of 2008. Average deposits during the second quarter of 2009 decreased $29.3 million, or 0.38%, compared with the first quarter of 2009 and increased $275.3 million, or 3.75%, compared with the second quarter of 2008.

Average investments decreased $51.1 million, or 1.83%, compared with the first quarter of 2009 and increased $218.3 million, or 8.68%, over the second quarter of 2008. The decrease in the quarter was primarily attributable to principal repayment on mortgage-backed securities. The year-over-year increase is a result of the leverage strategy implemented in the fourth quarter of 2008.

-more-

FirstMerit Reports Second Quarter 2009 EPS Results / Page 3

Net interest income on a fully tax-equivalent (“FTE”) basis was $88.8 million in the second quarter 2009 compared with $88.6 million in the first quarter of 2009 and $89.0 million in the second quarter of 2008. Compared with the first quarter of 2009, average earning assets decreased $188.0 million, or 1.84% and increased $297.0 million, or 3.06% compared to the second quarter of 2008.

Noninterest income net of securities transactions for the second quarter of 2009 was $49.7 million, a decrease of $5.5 million, or 10.00%, from the first quarter of 2009 and an increase of $1.0 million, or 1.96%, from the second quarter of 2008. Noninterest income in the first quarter of 2009 included a one-time $9.5 million gain due to curtailment of the postretirement medical benefit plan for active employees.

Other income, net of securities gains, as a percentage of net revenue for the second quarter of 2009 was 35.87% compared with 38.39% for first quarter of 2009 and 35.38% for the second quarter of 2008. Net revenue is defined as net interest income, on a FTE basis, plus other income, less gains from securities sales.

Noninterest expense for the second quarter of 2009 was $90.6 million, an increase of $7.4 million, or 8.85%, from the first quarter of 2009 and an increase of $10.0 million, or 12.43%, from the second quarter of 2008. Included in the second quarter 2009 expenses was the FDIC Special Assessment fee of $5.1 million.

The reported efficiency ratio for the second quarter of 2009 was 65.34%, compared with 57.81% for the first quarter of 2009 and 58.38% for the second quarter of 2008. Absent the $5.1 million FDIC Special Assessment fee, the efficiency ratio is 61.66%.

Net charge-offs totaled $21.6 million, or 1.19% of average loans, in the second quarter of 2009 compared with $15.6 million, or 0.86% of average loans, in the first quarter 2009 and $10.7 million, or 0.60% of average loans, in the second quarter of 2008.

Nonperforming assets at June 30, 2009 represented 1.03% of period-end loans plus other real estate compared with 1.04% at March 31, 2009 and 0.57% at June 30, 2008. Nonperforming assets totaled $73.4 million at June 30, 2009, an increase of $31.7 million compared with June 30, 2008. Significantly, nonperforming assets in second quarter 2009 decreased $2.9 million, or 3.79%, from first quarter 2009. This decrease reflects strong workout and collection activity coupled with timely charge-off recognition.

-more-

FirstMerit Reports Second Quarter 2009 EPS Results / Page 4

The allowance for loan losses totaled $111.2 million at June 30, 2009, an increase of $5.0 million from March 31, 2009. Given the current economic environment, the Company has continued a strategy to build reserve levels and year-to-date has provided $7.6 million in excess of net charge-offs to the allowance for loan losses. At June 30, 2009, the allowance for loan losses was 1.56% of period-end loans compared with 1.45% at March 31, 2009 and 1.36% at June 30, 2008. The allowance for credit losses is the sum of the allowance for loan losses and the reserve for unfunded lending commitments. For comparative purposes the allowance for credit losses was 1.64% at June 30, 2009, compared with 1.53% at March 31, 2009 and 1.46% at June 30, 2008. The allowance for credit losses to nonperforming loans was 184.71% at June 30, 2009, compared with 159.93% at March 31, 2009 and 288.50% at June 30, 2008. Given the current environment, management increased the allowance for loan losses at June 30, 2009 The increase in the allowance for loan losses in second quarter 2009 is attributable to the migration of some commercial credits within pass credit categories to higher risk levels as well as the consumer retail portfolio showing additional stress related to unemployment rates under current economic conditions.

The Company’s total assets at June 30, 2009 were $10.7 billion, a decrease of $275.2 million, or 2.51%, compared with March 31, 2009 and an increase of $132.2 million, or 1.25%, compared with June 30, 2008. The decrease in total assets compared with March 31, 2009, was due to a $205 million decrease in total loans and the $125 repurchase of TARP preferred shares. These reductions were partially offset by the $61 million of equity raised through the Company’s at-the-market stock offering. Growth in investment securities of $233.6 million, or 9.46%, in the fourth quarter of 2008, compared with June 30, 2008, provided the majority of the overall asset growth. Total loans decreased $205.6 million compared with March 31, 2009.

Total deposits were $7.5 billion at June 30, 2009, a decrease of $227.0 million, or 2.96%, from March 31, 2009 and an increase of $174.0 million, or 2.39%, from June 30, 2008. The increase compared with June 30, 2008 was driven by an overall increase in savings and demand deposits. Core deposits totaled $5.4 billion at June 30, 2009, an increase of $103.4 million, or 1.96%, from March 31, 2009 and an increase of $741.2 million, or 15.96%, from June 30, 2008.

Shareholders’ equity was $1,022.6 million at June 30, 2009, compared with $1,084.3 million at March 31, 2009 and $924.4 million at June 30, 2008. The Company increased its strong capital position as tangible common equity to assets was 8.36% at June 30, 2009, compared with 7.56% and 7.52% at March 31, 2009 and June 30, 2008, respectively. The common dividend per share paid in the second quarter 2009 was $0.16 as well as a $0.13 per share dividend of common stock.

-more-

FirstMerit Reports Second Quarter 2009 EPS Results / Page 5

During the second quarter of 2009, the Company entered into a Distribution Agency Agreement with Credit Suisse Securities (USA) LLC pursuant to which the Company, from time to time, offered and sold shares of the Corporation’s common stock. Sales of the Common Shares were made by means of ordinary brokers’ transactions on the Nasdaq Global Select Market at market prices, in block transaction or as otherwise agreed with Credit Suisse. During this time, 3.3 million shares were sold at an average market value net of broker’s fees of $18.36 per share.

Second Quarter 2009 Conference Call

FirstMerit will host an earnings conference call on July 28, 2009, at 2:00 p.m. EDT to provide an overview of first quarter results and highlights. To participate in the conference call, please dial (888) 693-3477 ten minutes before start time and provide the reservation number: 18105340. A replay of the conference call will be available at approximately 5:00 p.m., on July 28, 2009 through August 4, 2009, by dialing (800) 642-1687, and entering the PIN: 18105340.

About FirstMerit

FirstMerit Corporation is a diversified financial services company headquartered in Akron, Ohio, with assets of $10.7 billion as of June 30, 2009 and 155 banking offices and 176 ATMs in 25 Ohio and Western Pennsylvania counties. FirstMerit provides a complete range of banking and other financial services to consumers and businesses through its core operations. Principal wholly-owned subsidiaries include: FirstMerit Bank, N.A., FirstMerit Mortgage Corporation, FirstMerit Title Agency, Ltd., and FirstMerit Community Development Corporation.

Forward-Looking Statement

This release contains forward-looking statements relating to present or future trends or factors affecting the banking industry, and specifically the financial condition and results of operations, including without limitation, statements relating to the earnings outlook of the Company, as well as its operations, markets and products. Actual results could differ materially from those indicated. Among the important factors that could cause results to differ materially are interest rate changes, continued softening in the economy, which could materially impact credit quality trends and the ability to generate loans, changes in the mix of the Company’s business, competitive pressures, changes in accounting, tax or regulatory practices or requirements and those risk factors detailed in the Company’s periodic reports and registration statements filed with the Securities and Exchange Commission. The Company undertakes no obligation to release revisions to these forward-looking statements or reflect events or circumstances after the date of this release.

###



FIRSTMERIT CORPORATION AND SUBSIDIARIES Consolidated Financial Highlights

(Unaudited)
(Dollars in thousands)


	Quarters
	2009			2009			2008			2008			2008
EARNINGS	2nd Qtr			1st Qtr			4th Qtr			3rd Qtr			2nd Qtr

Net interest income FTE (a)	$	88,806		$	88,577		$	94,855		$	92,659		$	88,956
Provision for loan losses		26,521			18,065			16,986			15,531			14,565
Other income		50,845			55,188			52,795			47,029			48,758
Other expenses		90,564			83,203			88,240			80,609			80,550
FTE adjustment (a)		1,691			1,683			1,617			1,538			1,425
Net income		15,495			29,434			29,136			29,753			29,153
Diluted EPS (b)		0.13			0.34			0.36			0.37			0.36

PERFORMANCE RATIOS
Return on average assets (ROA)		0.57	%		1.07	%		1.08	%		1.12	%		1.11	%
Return on average common equity (ROE)		6.27	%		12.39	%		12.47	%		12.73	%		12.31	%
Net interest margin FTE (a)		3.56	%		3.53	%		3.82	%		3.78	%		3.69	%
Efficiency ratio		65.34	%		57.81	%		60.34	%		57.64	%		58.38	%
Number of full-time equivalent employees		2,540			2,562			2,575			2,614			2,679

MARKET DATA
Book value/common share	$	11.99		$	11.84		$	11.58		$	11.44		$	11.43
Period-end common share mkt value		17.00			18.20			20.59			21.00			16.31
Market as a % of book		142	%		154	%		178	%		184	%		143	%
Cash dividends/common share	$	0.16		$	0.29		$	0.29		$	0.29		$	0.29
Common stock dividend payout ratio		84.21	%		80.56	%		80.56	%		78.38	%		80.56	%
Average basic common shares (b)		83,317			81,725			81,404			81,301			81,287
Average diluted common shares (b)		83,325			81,734			81,413			81,328			81,330
Period end common shares		85,266			81,417			80,960			80,974			80,846
Common shares repurchased		61			45			19			3			34
Common stock market capitalization	$	1,449,522		$	1,481,789		$	1,666,966		$	1,700,454		$	1,318,598

ASSET QUALITY
Gross charge-offs	$	24,726		$	18,936		$	17,932		$	14,957		$	14,830
Net charge-offs		21,556			15,565			15,236			11,763			10,737
Allowance for loan losses		111,222			106,257			103,757			102,007			98,239
Reserve for unfunded lending commitments		6,054			6,019			6,588			6,493			7,310
Nonperforming assets (NPAs)		73,351			76,243			57,526			43,491			41,639
Net charge-offs/average loans ratio		1.19	%		0.86	%		0.82	%		0.64	%		0.60	%
Allowance for loan losses/period-end loans		1.56	%		1.45	%		1.40	%		1.38	%		1.36	%
Allowance for credit losses/period-end loans		1.64	%		1.53	%		1.49	%		1.47	%		1.46	%
NPAs/loans and other real estate		1.03	%		1.04	%		0.77	%		0.59	%		0.57	%
Allowance for loan losses/nonperforming loans		175.17	%		151.35	%		198.76	%		264.45	%		268.52	%
Allowance for credit losses/nonperforming loans		184.71	%		159.93	%		211.38	%		281.28	%		288.50	%

CAPITAL & LIQUIDITY
Period-end tangible common equity to assets		8.36	%		7.60	%		7.27	%		7.45	%		7.52	%
Average equity to assets		9.37	%		9.66	%		8.66	%		8.79	%		9.06	%
Average equity to loans		14.07	%		14.54	%		12.62	%		12.76	%		13.34	%
Average loans to deposits		95.17	%		96.56	%		96.01	%		99.40	%		97.29	%

AVERAGE BALANCES
Assets	$	10,884,228		$	11,115,042		$	10,731,029		$	10,569,496		$	10,520,469
Deposits		7,614,826			7,644,118			7,672,560			7,326,364			7,339,506
Loans		7,246,752			7,381,019			7,366,246			7,282,333			7,140,627
Earning assets		10,001,266			10,189,233			9,876,488			9,755,812			9,704,252
Shareholders’ equity		1,019,628			1,073,276			929,788			929,495			952,769

ENDING BALANCES
Assets	$	10,696,962		$	10,972,176		$	11,100,026		$	10,684,845		$	10,564,752
Deposits		7,451,220			7,678,213			7,597,679			7,430,556			7,277,184
Loans		7,145,146			7,350,763			7,425,613			7,381,592			7,240,882
Goodwill		139,245			139,245			139,245			139,245			139,245
Intangible assets		1,229			1,316			1,403			1,490			1,577
Earning assets		9,869,183			10,108,403			10,209,602			9,840,951			9,724,859
Total shareholders’ equity		1,022,647			1,084,269			937,843			926,078			924,429


NOTES:

(a)		— Net interest income on a fully tax-equivalent (“FTE”) basis restates interest on tax-exempt securities and loans as if such interest were subject to federal income tax at the statutory rate. Net interest income on an FTE basis is not an accounting principle generally accepted in the United States of America.

(b)		— Average outstanding shares and per share data restated to reflect the effect of a stock dividend declared April 28, 2009.

FIRSTMERIT CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS

(In thousands)
(Unaudited, except December 31, 2008, which is derived from the
audited financial statements)


	June 30,			December 31,			June 30,
	2009			2008			2008
ASSETS
Cash and due from banks	$	156,590		$	178,406		$	195,930
Investment securities (at fair value)		2,703,257			2,772,848			2,469,692
Loans held for sale		20,780			11,141			14,285
Loans:
Commercial loans		4,181,857			4,352,730			4,136,273
Mortgage loans		503,890			547,125			569,516
Installment loans		1,497,211			1,574,587			1,619,383
Home equity loans		754,110			733,832			697,729
Credit card loans		148,104			149,745			146,727
Leases		59,974			67,594			71,254

Total loans		7,145,146			7,425,613			7,240,882
Less allowance for loan losses		(111,222	)		(103,757	)		(98,239	)

Net loans		7,033,924			7,321,856			7,142,643
Premises and equipment, net		127,284			133,184			126,021
Goodwill		139,245			139,245			139,245
Intangible assets		1,229			1,403			1,577
Accrued interest receivable and other assets		514,653			541,943			475,359

Total assets	$	10,696,962		$	11,100,026		$	10,564,752


LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits:
Demand-non-interest bearing	$	1,885,087		$	1,637,534			1,576,584
Demand-interest bearing		648,132			666,615			698,829
Savings and money market accounts		2,851,236			2,512,331			2,367,825
Certificates and other time deposits		2,066,765			2,781,199			2,633,946

Total deposits		7,451,220			7,597,679			7,277,184

Securities sold under agreements to repurchase		1,069,945			921,390			1,239,925
Wholesale borrowings		924,438			1,344,195			953,759
Accrued taxes, expenses, and other liabilities		228,712			298,919			169,455

Total liabilities		9,674,315			10,162,183			9,640,323

Commitments and contingencies
Shareholders’ equity:
Preferred stock, without par value: authorized and unissued 7,000,000 shares		—			—			—
Preferred stock, Series A, without par value: designated 800,000 shares; none outstanding		—			—			—
Convertible preferred stock, Series B, without par value: designated 220,000 shares; none outstanding		—			—			—
Fixed-Rate Cumulative Perpetual Preferred Stock, Series A, $1,000 liquidation preference; authorized and issued 125,000 shares		—			—			—
Common stock, without par value: authorized 300,000,000 shares; issued 92,026,350 at June 30, 2009, December 31, 2008 and June 30, 2008		127,937			127,937			127,937
Capital surplus		45,674			94,802			93,267
Accumulated other comprehensive loss		(33,431	)		(54,080	)		(51,434	)
Retained earnings		1,055,283			1,053,435			1,041,473
Treasury stock, at cost, 6,760,676, 11,066,108 and 11,180,046 shares at June 30, 2009, December 31, 2008 and June 30, 2008, respectively		(172,816	)		(284,251	)		(286,814	)

Total shareholders’ equity		1,022,647			937,843			924,429

Total liabilities and shareholders’ equity	$	10,696,962		$	11,100,026		$	10,564,752



FIRSTMERIT CORPORATION AND SUBSIDIARIES AVERAGE CONSOLIDATED BALANCE SHEETS

(Unaudited)
(Dollars in thousands)


	Quarterly Periods
	June 30,			March 31,			December 31,			September 30,			June 30,
	2009			2009			2008			2008			2008
ASSETS
Cash and due from banks	$	194,381		$	209,922		$	192,804		$	171,370		$	173,044
Investment securities/fed funds sold		2,733,871			2,784,966			2,501,346			2,461,431			2,515,546
Loans held for sale		20,643			23,248			8,896			12,048			48,079
Loans:
Commercial loans		4,263,114			4,337,108			4,273,123			4,168,951			4,069,305
Mortgage loans		513,982			536,498			555,713			569,293			577,178
Installment loans		1,512,929			1,558,374			1,596,053			1,617,265			1,584,825
Home equity loans		749,097			736,956			722,466			709,365			692,567
Credit card loans		146,589			146,355			150,133			147,924			147,242
Leases		61,041			65,728			68,758			69,535			69,510

Total loans		7,246,752			7,381,019			7,366,246			7,282,333			7,140,627
Less allowance for loan losses		104,864			102,533			100,898			98,091			94,002


Net loans		7,141,888			7,278,486			7,265,348			7,184,242			7,046,625

Total earning assets		10,001,266			10,189,233			9,876,488			9,755,812			9,704,252

Premises and equipment, net		129,433			132,156			130,511			127,267			126,488
Accrued interest receivable and other assets		664,012			686,264			632,124			613,138			610,687


TOTAL ASSETS	$	10,884,228		$	11,115,042		$	10,731,029		$	10,569,496		$	10,520,469


LIABILITIES
Deposits:
Demand-non-interest bearing	$	1,891,792		$	1,767,885		$	1,607,901		$	1,545,427		$	1,518,841
Demand-interest bearing		671,235			655,279			658,208			678,803			709,922
Savings and money market accounts		2,810,155			2,638,166			2,534,702			2,373,995			2,366,296
Certificates and other time deposits		2,241,644			2,582,788			2,871,749			2,728,139			2,744,447


Total deposits		7,614,826			7,644,118			7,672,560			7,326,364			7,339,506

Securities sold under agreements to repurchase		945,178			941,112			1,168,438			1,504,011			1,312,436
Wholesale borrowings		1,019,786			1,151,777			766,358			634,226			711,132


Total funds		9,579,790			9,737,007			9,607,356			9,464,601			9,363,074
Accrued taxes, expenses and other liabilities		284,810			304,759			193,885			175,400			204,626


Total liabilities		9,864,600			10,041,766			9,801,241			9,640,001			9,567,700

SHAREHOLDERS’ EQUITY
Preferred stock		27,850			109,807			—			—			—
Common stock		127,937			127,937			127,937			127,937			127,937
Common stock warrant		2,820			4,175			—			—			—
Capital surplus		63,457			86,872			93,761			93,381			92,313
Accumulated other comprehensive (loss) income		(35,569	)		(49,477	)		(62,018	)		(54,000	)		(40,757	)
Retained earnings		1,056,739			1,069,948			1,053,992			1,048,452			1,059,840
Treasury stock		(223,606	)		(275,986	)		(283,884	)		(286,275	)		(286,564	)


Total shareholders’ equity		1,019,628			1,073,276			929,788			929,495			952,769


TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	10,884,228		$	11,115,042		$	10,731,029		$	10,569,496		$	10,520,469

AVERAGE CONSOLIDATED BALANCE SHEETS (Unaudited)
Fully-tax Equivalent Interest Rates and Interest Differential

FIRSTMERIT CORPORATION AND
SUBSIDIARIES

(Dollars in thousands)


	Three months ended								Year ended								Three months ended
	June 30, 2009								December 31, 2008								June 30, 2008
	Average					Average			Average					Average			Average					Average
	Balance			Interest		Rate			Balance			Interest		Rate			Balance			Interest		Rate

ASSETS
Cash and due from banks	$	194,381							$	177,089							$	173,044
Investment securities and federal funds sold:
U.S. Treasury securities and U.S. Government agency obligations (taxable)		2,205,221			24,455		4.45	%		1,985,026			94,260		4.75	%		2,021,209			23,609		4.70	%
Obligations of states and political subdivisions (tax exempt)		316,703			4,910		6.22	%		294,724			17,910		6.08	%		279,757			4,270		6.14	%
Other securities and federal funds sold		211,947			2,204		4.17	%		216,794			11,326		5.22	%		214,580			2,777		5.21	%


Total investment securities and federal funds sold		2,733,871			31,569		4.63	%		2,496,544			123,496		4.95	%		2,515,546			30,656		4.90	%

Loans held for sale		20,643			277		5.38	%		29,419			1,602		5.45	%		48,079			651		5.45	%
Loans		7,246,752			86,004		4.76	%		7,203,946			434,704		6.03	%		7,140,627			105,889		5.96	%


Total earning assets		10,001,266			117,850		4.73	%		9,729,909			559,802		5.75	%		9,704,252			137,196		5.69	%

Allowance for loan losses		(104,864	)							(96,714	)							(94,002	)
Other assets		793,445								739,158								737,175


Total assets	$	10,884,228							$	10,549,442							$	10,520,469


LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits:
Demand — non-interest bearing	$	1,891,792			—		—		$	1,530,021			—		—		$	1,518,841			—		—
Demand — interest bearing		671,235			159		0.10	%		687,160			2,514		0.37	%		709,922			591		0.33	%
Savings and money market accounts		2,810,155			5,452		0.78	%		2,398,778			29,839		1.24	%		2,366,296			6,500		1.10	%
Certificates and other time deposits		2,241,644			15,325		2.74	%		2,801,623			105,853		3.78	%		2,744,447			26,587		3.90	%


Total deposits		7,614,826			20,936		1.10	%		7,417,582			138,206		1.86	%		7,339,506			33,678		1.85	%

Securities sold under agreements to repurchase		945,178			1,211		0.51	%		1,343,441			31,857		2.37	%		1,312,436			8,319		2.55	%
Wholesale borrowings		1,019,786			6,897		2.71	%		663,109			27,574		4.16	%		711,132			6,243		3.53	%


Total interest bearing liabilities		7,687,998			29,044		1.52	%		7,894,111			197,637		2.50	%		7,844,233			48,240		2.47	%

Other liabilities		284,810								189,222								204,626

Shareholders’ equity		1,019,628								936,088								952,769


Total liabilities and shareholders’ equity	$	10,884,228							$	10,549,442							$	10,520,469


Net yield on earning assets	$	10,001,266			88,806		3.56	%	$	9,729,909			362,165		3.72	%	$	9,704,252			88,956		3.69	%


Interest rate spread							3.21	%							3.25	%							3.22	%


Note:		Interest income on tax-exempt securities and loans has been adjusted to a fully-taxable equivalent basis. Nonaccrual loans have been included in the average balances.

FIRSTMERIT CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

(Unaudited)
(In thousands except per share data)


	Quarters ended						Six months ended
	June 30,						June 30,
	2009			2008			2009			2008
Interest income:
Interest and fees on loans, including held for sale	$	86,247		$	106,516			174,046		$	222,804
Interest and dividends on investment securities and federal funds sold		29,912			29,255			61,469			58,491

Total interest income		116,159			135,771			235,515			281,295

Interest expense:
Interest on deposits:
Demand-interest bearing		159			591			314			1,555
Savings and money market accounts		5,452			6,500			10,829			16,143
Certificates and other time deposits		15,325			26,587			33,913			58,574
Interest on securities sold under agreements to repurchase		1,211			8,319			2,210			19,861
Interest on wholesale borrowings		6,897			6,243			14,240			13,332

Total interest expense		29,044			48,240			61,506			109,465

Net interest income		87,115			87,531			174,009			171,830
Provision for loan losses		26,521			14,565			44,586			26,086

Net interest income after provision for loan losses		60,594			72,966			129,423			145,744

Other income:
Trust department income		5,438			5,824			10,228			11,274
Service charges on deposits		15,853			16,028			30,016			30,764
Credit card fees		11,668			12,146			22,752			23,303
ATM and other service fees		2,839			2,770			5,445			5,564
Bank owned life insurance income		2,985			3,217			6,000			6,418
Investment services and insurance		2,270			2,790			5,188			5,655
Investment securities gains, net		1,178			47			1,178			571
Loan sales and servicing income		3,791			1,885			6,126			3,276
Gain on Visa Inc. redemption		—			—			—			7,898
Gain on post medical retirement curtailment		—			—			9,543			—
Other operating income		4,823			4,051			9,557			6,889

Total other income		50,845			48,758			106,033			101,612

Other expenses:
Salaries, wages, pension and employee benefits		44,125			44,364			86,807			87,429
Net occupancy expense		5,858			6,204			12,729			12,958
Equipment expense		6,212			5,842			12,009			12,036
Stationery, supplies and postage		2,051			2,242			4,326			4,567
Bankcard, loan processing and other costs		7,862			7,356			15,704			14,600
Professional services		2,856			2,581			6,336			4,468
Amortization of intangibles		87			177			174			400
Other operating expense		21,513			11,784			35,682			25,326

Total other expenses		90,564			80,550			173,767			161,784

Income before federal income tax expense		20,875			41,174			61,689			85,572
Federal income tax expense		5,380			12,021			16,760			24,976

Net income	$	15,495		$	29,153			44,929		$	60,596


Other comprehensive income, net of taxes
Unrealized securities’ holding gain (loss), net of taxes	$	6,246		$	(22,119	)		22,063		$	(10,510	)
Unrealized hedging gain (loss), net of taxes		—			1,419			(94	)		786
Minimum pension liability adjustment, net of taxes		(277	)		873			(554	)		1,746
Less: reclassification adjustment for securities’ gain realized in net income, net of taxes		766			31			766			371

Total other comprehensive gain (loss), net of taxes		5,203			(19,858	)		20,649			(8,349	)

Comprehensive income	$	20,698		$	9,295			65,578		$	52,247

Net income applicable to common shares	$	10,995		$	29,153			38,558		$	60,596

Net income used in diluted EPS calculation	$	10,995		$	29,154			38,558		$	60,601

Weighted average number of common shares outstanding — basic *		83,317			81,287			82,310			80,972

Weighted average number of common shares outstanding — diluted *		83,325			81,330			82,318			81,030

Basic earnings per share *	$	0.13		$	0.36			0.47		$	0.75

Diluted earnings per share *	$	0.13		$	0.36			0.47		$	0.75

Stock dividend per share		0.74	%		—			0.74	%		—

Dividend per share	$	0.16		$	0.29			0.45		$	0.58


*		Average outstanding shares and per share data restated to reflect the effect of a stock dividend declared April 28, 2009.



FIRSTMERIT CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME—LINKED QUARTERS

(Unaudited)
(Dollars in thousands, except share data)


	Quarterly Results
	2009		2009		2008		2008			2008
	2nd Q		1st Q		4th Q		3rd Q			2nd Q
Interest and fees on loans, including held for sale	$	86,247	$	87,799	$	105,463	$	107,927		$	106,516
Interest and dividends — securities and federal funds sold		29,912		31,557		29,918		29,223			29,255

Total interest income		116,159		119,356		135,381		137,150			135,771

Interest on deposits:
Demand-interest bearing		159		155		370		589			591
Savings and money market accounts		5,452		5,377		6,764		6,932			6,500
Certificates and other time deposits		15,325		18,588		23,816		23,463			26,587
Securities sold under agreements to repurchase		1,211		999		3,752		8,244			8,319
Wholesale borrowings		6,897		7,343		7,441		6,801			6,243

Total interest expense		29,044		32,462		42,143		46,029			48,240

Net interest income		87,115		86,894		93,238		91,121			87,531
Provision for loan losses		26,521		18,065		16,986		15,531			14,565

Net interest income after provision for loan losses		60,594		68,829		76,252		75,590			72,966

Other income:
Trust department income		5,438		4,790		5,291		5,562			5,824
Service charges on deposits		15,853		14,163		15,450		16,648			16,028
Credit card fees		11,668		11,084		11,667		12,084			12,146
ATM and other service fees		2,839		2,606		2,613		2,717			2,770
Bank owned life insurance income		2,985		3,015		2,451		3,139			3,217
Investment services and insurance		2,270		2,918		1,949		2,899			2,790
Investment securities gains, net		1,178		—		1,555		—			47
Loan sales and servicing income		3,791		2,335		2,294		1,370			1,885
Gain on Visa Inc.		—		—		5,768		—			—
Gain on post medical retirement curtailment		—		9,543		—		—			—
Other operating income		4,823		4,734		3,757		2,610			4,051

Total other income		50,845		55,188		52,795		47,029			48,758

Other expenses:
Salaries, wages, pension and employee benefits		44,125		42,682		46,991		45,043			44,364
Net occupancy expense		5,858		6,871		5,950		5,741			6,204
Equipment expense		6,212		5,797		6,139		5,962			5,842
Stationery, supplies and postage		2,051		2,275		2,458		2,347			2,242
Bankcard, loan processing and other costs		7,862		7,842		7,359		7,497			7,356
Professional services		2,856		3,480		3,261		3,966			2,581
Amortization of intangibles		87		87		87		86			177
Other operating expense		21,513		14,169		15,995		9,967			11,784

Total other expenses		90,564		83,203		88,240		80,609			80,550

Income before income tax expense		20,875		40,814		40,807		42,010			41,174
Federal income taxes		5,380		11,380		11,671		12,257			12,021

Net income	$	15,495	$	29,434	$	29,136	$	29,753		$	29,153

Other comprehensive income (loss), net of taxes		5,203		15,446		5,110		(7,756	)		(19,858	)

Comprehensive income	$	20,698	$	44,880	$	34,246	$	21,997		$	9,295

Net income applicable to common shares	$	10,995	$	27,563	$	29,136	$	29,753		$	29,153

Adjusted net income used in diluted EPS calculation	$	10,995	$	27,563	$	29,136	$	29,753		$	29,154

Weighted-average common shares — basic *		83,317		81,725		81,404		81,301			81,287

Weighted-average common shares — diluted *		83,325		81,734		81,413		81,328			81,330


Basic net income per share *	$	0.13		0.34		0.36	$	0.37		$	0.36


Diluted net income per share *	$	0.13		0.34		0.36	$	0.37		$	0.36


*		Average outstanding shares and per share data restated to reflect the effect of a stock dividend declared April 28, 2009.



FIRSTMERIT CORPORATION AND SUBSIDIARIES ASSET QUALITY INFORMATION

(Unaudited, except December 31, 2008 annual period which
is derived from the audited financial statements)
(Dollars in thousands, except ratios)


	Quarterly Periods															Annual Period
	Jun 30			Mar 31			Dec 31			Sept 30			Jun 30			Dec 31
	2009			2009			2008			2008			2008			2008
Allowance for Credit Losses
Allowance for loan losses, beginning of period	$	106,257		$	103,757		$	102,007		$	98,239		$	94,411		$	94,205
Provision for loan losses		26,521			18,065			16,986			15,531			14,565			58,603
Charge-offs		24,726			18,936			17,932			14,957			14,830			62,388
Recoveries		3,170			3,371			2,696			3,194			4,093			13,337

Net charge-offs		21,556			15,565			15,236			11,763			10,737			49,051

Allowance for loan losses, end of period	$	111,222		$	106,257		$	103,757		$	102,007		$	98,239		$	103,757

Reserve for unfunded lending commitments, beginning of period	$	6,019		$	6,588		$	6,493		$	7,310		$	7,903		$	7,394
Provision for credit losses		35			(569	)		95			(817	)		(593	)		(806	)

Reserve for unfunded lending commitments, end of period	$	6,054		$	6,019		$	6,588		$	6,493		$	7,310		$	6,588


Allowance for Credit Losses	$	117,276		$	112,276		$	110,345		$	108,500		$	105,549		$	110,345


Ratios

Provision for loan losses as a % of average loans		1.47	%		0.99	%		0.92	%		0.85	%		0.82	%		0.81	%
Provision for credit losses as a % of average loans		(0.00	)%		(0.03	)%		0.01	%		(0.04	)%		(0.03	)%		(0.01	)%
Net charge-offs as a % of average loans		1.19	%		0.86	%		0.82	%		0.64	%		0.60	%		0.68	%
Allowance for loan losses as a % of period-end loans		1.56	%		1.45	%		1.40	%		1.38	%		1.36	%		1.40	%
Allowance for credit losses as a % of period-end loans		1.64	%		1.53	%		1.49	%		1.47	%		1.46	%		1.49	%
Allowance for loan losses as a % of nonperforming loans		175.17	%		151.35	%		198.76	%		264.45	%		268.52	%		198.76	%
Allowance for credit losses as a % of nonperforming loans		184.71	%		159.93	%		211.38	%		281.28	%		288.50	%		211.38	%

Asset Quality

Impaired loans:
Nonaccrual	$	48,563		$	54,070		$	40,195		$	29,245		$	26,702		$	40,195
Other nonperforming loans:
Nonaccrual		14,929			16,134			12,007			9,328			9,884			12,007


Total nonperforming loans		63,492			70,204			52,202			38,573			36,586			52,202

Other real estate (“ORE”)		9,859			6,039			5,324			4,918			5,053			5,324


Total nonperforming assets (“NPAs”)	$	73,351		$	76,243		$	57,526		$	43,491		$	41,639		$	57,526


NPAs as % of period-end loans + ORE		1.03	%		1.04	%		0.77	%		0.59	%		0.57	%		0.77	%


Past due 90 days or more & accruing interest	$	22,129		$	18,602		$	23,928		$	16,241		$	10,654		$	23,928



FIRSTMERIT CORPORATION NONINTEREST INCOME AND NONINTEREST EXPENSE DETAIL

(Unaudited)
(Dollars in thousands)


	2009		2009		2008		2008		2008
QUARTERLY OTHER INCOME DETAIL	2nd Qtr		1st Qtr		4th Qtr		3rd Qtr		2nd Qtr
Trust department income	$	5,438	$	4,790	$	5,291	$	5,562	$	5,824
Service charges on deposits		15,853		14,163		15,450		16,648		16,028
Credit card fees		11,668		11,084		11,667		12,084		12,146
ATM and other service fees		2,839		2,606		2,613		2,717		2,770
Bank owned life insurance income		2,985		3,015		2,451		3,139		3,217
Investment services and insurance		2,270		2,918		1,949		2,899		2,790
Investment securities gains, net		1,178		—		1,555		—		47
Loan sales and servicing income		3,791		2,335		2,294		1,370		1,885
Gain on Visa Inc.		—		—		5,768		—		—
Gain on post medical retirement curtailment		—		9,543		—		—		—
Other operating income		4,823		4,734		3,757		2,610		4,051


Total Other Income	$	50,845	$	55,188	$	52,795	$	47,029	$	48,758


	2009		2009		2008		2008		2008
QUARTERLY OTHER EXPENSES DETAIL	2nd Qtr		1st Qtr		4th Qtr		3rd Qtr		2nd Qtr
Salaries, wages, pension and employee benefits	$	44,125	$	42,682	$	46,991	$	45,043	$	44,364
Net occupancy expense		5,858		6,871		5,950		5,741		6,204
Equipment expense		6,212		5,797		6,139		5,962		5,842
Taxes, other than federal income taxes		1,631		1,626		1,463		1,714		1,701
Stationery, supplies and postage		2,051		2,275		2,458		2,347		2,242
Bankcard, loan processing and other costs		7,862		7,842		7,359		7,497		7,356
Advertising		1,887		1,971		1,863		2,476		2,489
Professional services		2,856		3,480		3,261		3,966		2,581
Telephone		997		1,014		978		956		994
Amortization of intangibles		87		87		87		86		177
Other operating expense		16,998		9,558		11,691		4,821		6,600


Total Other Expenses	$	90,564	$	83,203	$	88,240	$	80,609	$	80,550



FIRSTMERIT CORPORATION AND SUBSIDIARIES ALLOWANCE FOR LOAN LOSSES — Net Charge-off Detail

(Unaudited)
(Dollars in thousands)


	Quarters ended						Year ended			Six months ended
	June 30,						December 31,			June 30,
	2009			2008			2008			2009			2008
Allowance for loan losses — beginning of period	$	106,257		$	94,411		$	94,205		$	103,757		$	94,205
Loans charged off:
Commercial		10,130			3,718			16,318			14,684			7,171
Mortgage		1,315			1,229			4,696			2,238			2,509
Installment		7,487			5,620			24,740			15,925			11,624
Home equity		1,497			1,226			4,153			3,032			2,292
Credit cards		3,696			2,500			9,821			6,663			4,793
Leases		3			—			26			3			—
Overdrafts		598			537			2,634			1,117			1,110

Total		24,726			14,830			62,388			43,662			29,499

Recoveries:
Commercial		207			1,032			2,388			431			1,754
Mortgage		193			7			76			219			39
Installment		2,022			2,099			7,071			4,423			3,841
Home equity		111			142			851			196			242
Credit cards		388			557			1,831			775			1,016
Manufactured housing		32			54			247			85			126
Leases		42			31			104			47			69
Overdrafts		175			171			769			365			360

Total		3,170			4,093			13,337			6,541			7,447


Net charge-offs		21,556			10,737			49,051			37,121			22,052
Provision for loan losses		26,521			14,565			58,603			44,586			26,086

Allowance for loan losses — end of period	$	111,222		$	98,239		$	103,757		$	111,222		$	98,239


Average loans outstanding	$	7,246,752		$	7,140,627		$	7,203,946		$	7,313,516		$	7,082,279

Ratio to average loans:
(Annualized) net charge-offs		1.19	%		0.60	%		0.68	%		1.02	%		0.63	%

Provision for loan losses		1.47	%		0.82	%		0.81	%		1.23	%		0.74	%

Loans outstanding — period-end	$	7,145,146		$	7,240,882		$	7,425,613		$	7,145,146		$	7,240,882


Allowance for credit losses:	$	117,276		$	105,549		$	110,345		$	117,276		$	105,549

As a multiple of (annualized) net charge-offs		1.36			2.44			2.25			1.57			2.38

Allowance for loan losses:
As a percent of period-end loans outstanding		1.56	%		1.36	%		1.40	%		1.56	%		1.36	%

As a multiple of (annualized) net charge-offs		1.29			2.27			2.12			1.49			2.22

GRAPHIC 3 l37138l3713800.gif GRAPHIC begin 644 l37138l3713800.gif M1TE&.#EAQ@!@`.8``/3Y^=CDZT=VJ&^?P^SR]#1FFK;)VOS\_"1LJZ.ZS_?W MZL7/V)B$4_GZ]?7Y\_K\^2MLJ5B)M?[^_KK4Y#1LI(.HQOK\_.'M\FF4NSEQ MJ"QJI'68N?'U]?S\^MKI\-+?ZZG%V9NRQX^DN9>XT>3I[=#(L?GY\7P]&:)J?O\]?KZ^BAPJ_W^_/'W^.OGU_S\]U:"K9*LQ??Z^KBJCXRX MT_S^_"MFHLW':QL'OVV%G_;U\_'RZ_;W^&1_AVN0LBMFJ/S]_8"@POKY^?CY^O[^^O'OX?;V M]RUAGEQ]I_W]^*F>?UEUBOO[^_W]_>CR]OW]^AU=G*>".____R'Y!``````` M+`````#&`&````?_@'^"@X2%AH>(B8J+C(02CQ(O#PU+-0X*#1T'!V]C+4-# M'3(]=B]_D:!#!P\/!Z`2C;&RL[2UMK>XAQ(X;0<6-W/@I%\'1T/+"PR?)#< M^_S]_KJ/G#V3T,[")0`7%E2)(J.11D63?W;R+$CMD@"]1R` M`X,$C28I\`#9(41./HDO2L&3Z+&FS9NG#L`2^299"YV;/I0IH.2)!I5.&`"Y M(R2*`ADZPQW0\TB/GIDXLVKE)N%`G@-'PGX]T,M('@(G$J`00`&IDZ0,_W;8 M*!'C#)^O5+M2G0AKJ]^_M23P/-(B38TT%GK)H.3@P@0W7(`P>/N6@5*F3J_8 M8]%AX)]W@$.+UH5,<63176Z2 MA0>7%G3)H$<>9AG!QX;$]97>A[/H@0\?2=C1P#VLH#//&WG4H((5-&`@@`80 M(."""Q!`0$$3&R1P@@H`,*')`1WP,88<47BW0_^$E?DV5PR8;+))+P^!:&4L M`0GT```PJ/!!`$4`<`1L+"R11AH7\%#!#!1HX(,+__F00P%-5("$'`JP\%(> M1[R&I!"Z39847$LUI0`QS_32QI6,+M)&'M&D4<0'6*#010IN('$!!X?*\(`, M1S`!@`H35-"$#_[9"($/!>#QVU.EB*0'']HAF1MXX5G&$I0]2-7HKX94U08' M"Q"1`@4^Z$C!CFY8P4$-)ARAQPL]0`6#!R!@,`4"&OAW%!!.+$67"6-,I0&!.@0P(;"%!C MOR[X0($`&V#Q`P=,\/F&$6.(J@(/5)BA!A`1NWO'D\00QR-YM/'( M`6.\<<"U!FR1P;]NWH@`!!F8`88*-=`G`XMZ+',&QW=(V"00-L0@^R8[3R50 M_U5:X\YX5QM&PT0:`8"!PA1AH&TCG!FL,4(`MDNI=`U+;"S$'>!*2J$H9@I? M+,Y\"`R6!.+@C%X``P870`(-(I"!'*`J1SY@P]K<8(```&X,1B!(&V3`':AI MH2F\XH,@#)C`%CH").IC@@SY=RT0M*Q-.?I/#BB0`BY4#0U'R,<+1#$*[BC@ M8/C0"`M=Z,)(&&-##W`&GUA@ASPL`08!P(+Q\()DG"R* M>F@#?/[0B_,P$8&S*Y(S-A2'9KQ@%#)(V`6D<(,9%*!&WQ+@':)`Q1<,H1TU M:`,HVB##(7P&-&^$HY3:,$<[D.(=J1B",RS`@0_0(/\(K5I)4]#@@"SH22`O M\(4%5KD)-T82CO.(B"#B8$D6L,(.P^D+)XYP-S*`@2Z8:$`Q1M:&:=@RBJ]L M8A)/$0\[/``=%FD&&Q\EBMKQ+UI>:4=`O!$-/M3#EJY,)N.HE82!4(4B';"` M-UF1CU6$A05)T(-9"'(Q2!@AA-YX1$4R(LX$DM.SG*0113$O:0086>D02J.&[KOS!%[=\@4CX MD<]\VN)"^M,)30HA&)T,P1X]0!D?PN%(BE@2H^$$%G&<\8U>)"$.(IE255X2 MC@?@TBJ,DDI,E:J+6?UB"<+_#(<,#?J9.JH0@0]PCU7TD`1P)$:EF\C+K.S8 M#EQ"4ALM=6DMPK&,Q$&1#U9YQ!"T]HU?H*,96N5J'!BH#]Q%D2(RD(UP%(?. M(DVK%QF1@";?"M>X%I862=6F3TFAAR*UXP#,C,8SC6&'`)'" M*:!3.HD)"^@C'/6-XJL+'!E<4>D,JWBF.+&X(Q_VFL8#:`%`>.1$1+L32/B!;I MHQTX`OGR$`L^F`,`7,(O,/![@%ZM\J02L(,)M'L.[&X7#C_9!$@`8]D&SU0& M+:A"_QTB0.$(H&`&**APA;=`X36H@(I?H8@B$['>1D3":Q0)R5UDJMM$U.`" M(:@#AC6\@@2DP0[).$`J10(#,D1@QA1&@?/2D%?J^D4P8TVRDO=R"*P9``H% ML""`U*8!#;"!#6[JC\Q(X`!;6D#$Z07(3!=!$+(H"@>\T(E:8U&#/22@#@6X M4*@RP$QBN3+B`-U=93+$T08X>(4JY5M$V`#@@0%8<%\V$@`/ M!#>XZM7`"@+0\HUR,(`++*T%8QWSH1$-"25[Z`BSP>*,(/_@`@V$(&<=,`(< M"(`$%.3`!1X(P`ETH(,/=%L'/R"!##]`[FY_X`?D)G<`+A`Z@D""+(D"`&J( M``4B)"``V@6#",:`EA^@.]T`#[@.`@"'(AB@`!G(T8TT0(,T1/&)6TI``::0 M+`I`H`!(**@%2,!M;P?\XQ\@@`1@4.YT_UO=*H#!60*$)8F!ZU;5.]ZR+ M80!SN((4"A"!(,S/!Q$H`N`VT0/_%A!@`Q08P+*ZE0$=6*`#`!@!U>E>]X1K M'>L9`,&M!4!YJT_!!4P7P`PV8``".,`$[$E#"-@B=ZMG``-"`?W5EW[UNHOA M]F)P`0]R?ITEA'43/M]A[0``A8?@_P`S,P`S?@'#72>+VP!`$``FM` M`?J2?_K'?6X"`6&`!35``%50!CF``$\``72@?VRA01J0`300``#`"GH0``G@ M,C+S'"+`_P,D@`&=LR-]QRTYD@%]UQS^P@,F8`D(HG8P=+L`!D0`!P0/\&37`!5U0! M2L`M/D`%-;`)+-``,+`%Z>@O!B`F#1``3L`#*3`#%]`G,!`!M%@`$P`#=<,#7>!_#C`!B_@!?X0C;$`$'"`2 MT@(`&)`!!G`#_1&!/_!,'2"*'C`#;``G*3`P"C4&,'`"39`#(-@*,.`R,4,' M/S`,3&`%%H<`;-`$)R!#U+($RX@C$#```&`"%Z!X2+`$"G4"-'(C$4``T;(' M&$`'/)`)CX`#V?ASVY@'H^``1#`#'G``!.`!,&`ZZ-AL2G`##8`,65`W&-`M M^V@`IV<"1N`&%'`C85`&*H!5!_!V/C#_!0'0`D>P!!S@`%>P!%90`$%P``Q9 M`3$H`T6``F%P@ETP`?,!!WO0!!@P!PX@!3E0!GM0!S22(RG@`3F#,2H@`!%` M`B-0(Q'X`0^`,DH3D\R&``)P`I=`+F<0>70``DL#E_EH(QHPE%?@F=:&E!F0 M`(RT'DN`!!KP!(&X!3!P!549!"0@&R9P`JMB(UM0!.I0`UC0!3R0!H*C26` M21]\L)O^\01;X`%+8`<'4`49X!];0!UC8`(],)TU4`4AH``D,!WTT:`H\"8^ M();I\!550`9Y)P5=T*5>D'`0\`0^X`8P4#A%4`$%4`4[&IL^^@''T*E'<`%U M8'$04)/3^0-XP`,'0`)F8`#UT`$P4`>U>G$_<`08`@!NT"W^X0;GT/^I#8`$ M%""H&``'>G`&9``"PZ"M5L`Y+M"5G/$`H^I!Y<`"+5"GSG$#G@(`7E``*^`! M7.*+#5`$5,`&RY,#-P``(L$'-5`$?9DC2E"/PF0!#YHC&B"A`(`,%CJ<`V`% M,.`Z'2`2!%`$AS('3.!-'5`#**`J)QJ#4P$#19`'+MH%X.H!09!#%%`'.'<$ M*A`!Q0D#(S"CP1H-[\AJ;)(CQ6D.>X<$#S`&(?<`2<`$11"ER],%+8D,`#`4 MG,.9%F`'*VL`W>(<9\H$5\`!>Y`)&.,%RV(C$;`'OK<$`+`'%I`''6`'P:&O M&C`"+[9V/A"I*(,^-1",@GH#WM`+?;D\$SO_'U?P!X2Y*D\`=;[7!A\0I?VQ MLV3``6J$(0=@!SP76[5SJC5RHE_;%904!S(`JQ6@!VG@!G0P/SF@`^5W`AFP M`6CP`B/0@0C@B8)A`4EP`,*9+"G@!0K`!#>`<;.E#!9P4A[:+110`#_``NW8 M`BB@IGCSF0`):0`'2`!4R`N\#*N]7SN\%+?T?J`1%` M`4CPNU+R!T-0M=WY_[P_<#!IX`$"X!\^T`0_D+TRQ+TWX@/?VSN?,KXYU*;G M>PCIBP`%$)N`=P%X);]C&W3U>[\3"P.CD@`E^`0YX&$`T`)X!0 M"[Y'/`CDNSSF:VA_D+X14`%;,`5TP`81<`%Y@6>#6\6&"PF(.[9A,`)68`#7 MQXP8H`,`D$C']P8<@`0I$(AOTA\Y,`/]B`/N\0R#!<=@.+IT7,%,@\$58/]< M,(`!_X(CLA8`:S.SC:J[)NR[P+O(G2,`L^@"D2P!A:0'GENU_.$<6,`#CYPC MT'$#M@S$V]N]1&S*XHO*2;S*B:"W-U`$'C`!.[F?.D;%A7O%?HD`*7`L"1H$ M8V@8MB-/&+/,0=`FJ`*=`J!YZ&/-V"S!%-P5SZ2$JGL`E;F;,\DJ"0`";$`# M9(J[R-*)B'S"[Q&*#`#?`2HTS0 M11R^2%R^!+#$AJ"W(W!'`'!TD5JE%$V_O&R_?AFYB!>:/H"8%B`2<-`&%\(S M8T"O;G`\;!I])P`6,E!`;1"1++W-+GU=?*"Z?W#_!8==BOZA!!B@>"?P9;A; M@CZ=R$$=A$CP`P.@-@LP%3\A"A)`PT\`B3>P!?V2`R,PE7HBT*12*1!B/<-6J9!;R$!!A` M`5R4-AL``'9;0!(``-D\QW4LI`\0TWIRA0AKJTQ7!Q?@I$.[/(=LV<*IM"?` M:EN0`D@`*>8B.Y?\']$)`B\#`4T0`%G`6JR-U0:]U:K`!8#H`U66`1Y0`_(% M8-@]V-OM"QV@NC5`J340_P)*(`9HHP%$L+'.<-Z5#=3K37\GT`)%@`48)P'_ MN32"0\,X(I0>P&?^00$TL`0/\=]#G-6G'-L)3>`+;>#:F`-40,];TI8!P`H/ MOLL1KM;S4X\_\$<)"P)C]``]X`!%$`)(P`$HY2D<\`,H`*'Y:SN_<]W9W=*3 M].*Q6@,7D@=6\'EOLCP+H(0[3MGI[>/]R]XR``!-:^0AR`%?`:7Y#+UI8`!< M%`8:(`#4\0!47LJO+>"SO="SHXU[2\\-:@#A^`P-.[B4K;`J-4=H[@)/L*!8 M:D'+(P`DH);O6`0I0`2Y6E`+T@$?((]PTH\6$!$Z$9'_,L>=.SNN0.BW9HMZV%@*;6#HM8-^"4L%/8`./=`#![`!6AHS59!()[##WG<#<#`/3&`$ MN!D`"G`%V,4$V_$`$O<$_*AI%S)RUG9M=&`%?,`"G_&;2F,%A3XK+Q"C:%,` M&U`#\Z`[(U"8<#(%/Z`,FV`!+#P_-;D>8T`"9Q`J`5``['CO/T)@M^N``=<6,]!>!&5@@O_AF#&(A%2' M!1S``DAF7'"0]_C+`UWF`(^B!Q$YVOLXD':P2A8`!WE@Z;NXL4M3`SI@O=6\`$W1N3&-Y?`\$ M33X003IM#W8R>2.K$`@9'^8'!TP>BRX^`KS4R,)G'QPK`@H8X'.E2)-Z.0K\ M8,$"`(@"")[XR`#"PH$>5QP@H0#*!P885Y:0@G:%A9<,ZMALV3.F`PP1)T(D M,"#B`@`9?&0L"2!`0R,(`_8LF53)SHLV8V0T@%$F1Y@P;"K4R&-$Q@,`*#1` MT,`F`0P'#0"L684`@@`K#G8)0*"DPH4:1UAD:;"G`H4<;F`$!!H<""!U=4-`&E@8*4(P^.$*A3;RP*%34BPT#65L.6(B8: M(+=C!Q$2F#Y\1+AP)`\!(BK*A-`1X@,,/FUJ[#%0@%6K(#_VU*!DZ<6!-WGH M%EM;;&"@0@L(ZM9$#L5E=0%:!Q@@0`[5L+&!!RWH,<43$!2PP@07%%'$!0D4 M%<0'%A0V1`LUP/"#`!#$2,<(*C#!!POQI.'!`#D$P0,'+70@)!(,8@%`'GH` ML$<`0=1CBP9NW-6&-"#`J$X!&!A@!1(@N)$"!6$(<`)B4F30B`]*8%'$3V^, M8*9I!6!18PTJN,%&6Q`T\0,`:#7`0@?R44%A-1E(40,3,'#_X0$--!A``PDP MZ,%$%2O4%XH/;"C1!!$G6/!'!P^\H,!-8T'/!`RD=CL`()CQ^^<]13D^"P`R2(`(7I M3F/PA=8U<+``&&`L,(H``,3.*RF1P>[J@!`:#'0.X1@``<<,#VN%<\!EK0@@2( MA?W\=ST"Y/]!*ARH7O$.Y+S[B9``2VF`"B_X/PCR(0W;(P`<@J)"!^#&`L@1 MX`'@``!`%RI.!"9)P`-Q,21\6:,`;C)`'AR%G"34PP@.@^(`D'$%22VA! M#VN0AA8L)0M9D`$X0AY>`*H'%(9%2^"#!7J`"!A$(CDLR,,1 M2L$$![0A"W8`D#E4B#'`1P@F3R80`+R*\01KO"`*;7A!:+2@T>V ML;8:Z.,`^GL`$_(@`2L:H06CY.$2I^01(Z3A7'9\H@RR(,I1RD"*#G"`!3J0 MAR4X``8U2!$+>H";P;2`(GR0@!Z,8(0I2<`_?"C(&_ZPC0-(0!__>L"!`_[3 MAN1E@07)V=\4F:`'2![!`2\`P!)4`@<+;.,!UQ15-]XPA@.TX'TRP)$^C-`! M[KP@C2S`C1TLL!\]F*`#!SB$$:+Y`@D<01L2^%DFAW!-?>1AF$*Z0@?>T(9# ML.`*)L#5-J+I&H=9H(<6:,.HA`;.T$B@&WEP(Q-VJ0\FJ%0/#V"!"8#Y``ND M:"]+L$!7$IH%&[;!'!PPXHUZ\(>F.O6I4(VJ5/\0G\$$;:!M>.85>M!0"4C@ M#]VY@AWB\-6IFO6L:$VK6ILJ/PM0=*UPC:M2C'_`!`UKH:]K!/Q617$R/O:S M9H7?5_/:5*^"]K2HE>HS)>O5K"K3FD!4(29'98'5EM:TJ7TL_/HZV]OF]K>G ME8`=5OM,:+7&C3=*(T+-`0`+4,*:O`5N8X-Q`+>R\:Z#*:L>I,O=N@IW"!1] MP3>S0`P%'"HWG72``HK`A"/PLJ)MZ.YA[9"%M86FGC`@`!/*F@?Y^G>M=^5K M$M)H0P!\0`0K6(,;RK"!!'P`#&2`A0R\ZLYD_G>NL]0BDOB!`@&$X`S*'-6% M1ZS:0V:5#WOYW0B"D`(:?,!K55A#$P20``F7L\*>)7%:\Y`&'BR`"6E(@P&Z MH`$\!"`.>BBGCO^7W%E(EI,//5C"'K"0@KH$K@4PF$`$Z%#C!L3CK@\8#)/3 M:H$`?($&3&@!')!0`"68@036Q.V8+^S5V4;3`B#X$@5^$,$\M,!Y4BB`64R0 M!2/LXU">NV8Y#_`':Y8SQ.740T/[>LD02X`UH\IKDAD=9SZ0TJN9Z:LRFYQD M/;3A`AOHP@@XH($/F9C"#"OQ@#65+WPJ"$`0JA"`% M&?`P!Q2@@#AX@`HV+T,=$E`$W(0@`C.(``BP$`$*;"``/88"$400@294(`!G M2$-IJB&`%9#!"D0(0@2(0`(3Y$$%(\!;S:G@`1Z;JNQ8,$`=4B``-T#'(Q2Q M@\CC&E%*U#D!)/'!#5@^)20=6@8$`$'27SR/"`2@!=^B@R^D[H,`! M-1!0AO"12`ELF$$`&D"`&V0@`A_840'*`',2A"4,$7"#")I0*VE;8'D67CR` M?]U0$9`$`B.@:5\S<\U"6.$A&/!EH)40`@[T>$.UAQ`%$`)%,`(Q@@(70`#? MX0(I<`$<0`8Y0`$&X`!I("@"8`#>,`"MT`12<`,%4`<\@`5TD`)DT&\P$A!: M5`9HTG^CX07J,`,?L`0\,`4:0`4PP`$@4!PA(`TJB`!KX`'5%P80L`:",2I* MIGYJA5ML]`($UPHW``?E02HR,(5\``H`%:.(&9T`:K4`#(A(`%S`= M%)`"59`'))`.&8`$^[`&,2("1V`'2W`"2@`!,`@`9:`$2C`")G`%`6`M*3`' MEH@F-.!+6#")*P``=A`:EX2$23@$325:-$`+-7@`1P`'-M4#4O$`KJ:!87`# M@Z$"J)(:5A,C*[`'7\$$7I$`&K"&GG(!&.`"!4`&.C`7$@$`!P`";)`#*``I M`_`$%%`!!Y!/+3$')[`^7E`&M2``2)!`&/`$3Q`"Y[($7A`&+B!]'"``2I`# M6!!?'A",`6");,`&CM@"9,`&85`'#L`"UM0!\<6*:!5/HR4#2"`V!>))FL7_ M5?*3!000>Z)0&"J0`F,!`C#``R2Q`M#A`,M3`PG@`V&P`;CAC`C`91.0`6+0 M!1Y@C0;0+Q'`C2Y``9T35F/P!@%`+5\``D&P$4AP31@`"B%P619P`O0B?01` M"_IX*/VH>R<``[PH`IF5`!DQ`S"@>`X)8!906'J0!1=P,>M``.363P257S"P M`3D@"M%T`2`IC#Q0#R8)''H092NI!$1`"FGI`G0``E9`DP4`!V0!0=`!AE@_QI>``>DTD\ML@`@D`8A M4`!/4`'<<94GP@1>,(8FV0(RT`8A\9=$4%L!4`61&A&08AP`3^QP.@('T`X`8YD`,C($H_D`Q! M$&1E$)M0E`"V,`,'MQI.D9NA]0Z8%!0'L`\#G="`$5<$!7H)$"(`969@`9,"Q(4$8#L"L5X`'M806,X'E\\`$+0@6Y M@0P"@`4[I()A(`*Y@8<04/\'`,`'#6`'82:A4]443J%I8Y``04`'=1`")Y`3 M:[`%4@`#63`&5C`#&>`%`>`7;I!!!.!^;"``9*`"T7`%#9``!BD`&^`&^,@. M#K!35)`!&W`"4B``%Y@&#:!\V1@!7H`&(*65G^`"3>`&Z;`Q63D"R4`!4Q<` M-)`#8L`1L5`E,^`%']![E_,P=1"0:Q``'E`:;%`''W`!RC":GNODLOM9R M"$("9%`&$="M;F``*L!,#&E@(>`&;E`!!D``N?%@.J$3)U`8DI(`4J`A7``P207P:@$P6[`">0`",P`B&P`!QP4@V0 M!-0J5;[66?ZA3%,"`WMPAD#87*O$<&EQ`0F8!I2T-CUD1[@26%,DKQJP`<_# M`7Z"'`YC`O7#`29@;SL$0[ABB_?4!@!0!"J@KGMH/[``*OFEKNKF2[D$14EE MA4);!$N@0OJ)*[F!*SVTM?K0!D`QLV>5MZ-R+@T`1OKF%8>64D'1`8$K&7:P M/)2F#T$Q)5\Q`BX0!D2`%OPC;YG4`99[`$)C`BQ0:R;0;'Q@!RH41D?047Q@ M!"^%'/UD`D#Q'XA[2Q]!NFA1$XC;`,%0'MW@5:$!/U/X_SZ8=`27EF-\*U6" M@TEVD`2SI$(-$"KKE%F#T084D4.!A40GU@,"%+EMX;1+80=CD%*!)0,.L`0] M,"H4@5`7Q0(XX`QZX66\1']9)6E`Q`*L8569,2J3X`RX*S@RX!38E&1>15'N MT+^$(21N)&;%:U:_MEV'=$-?]0(-X%.@M%<^Q5?595(XP$9&\`)IL`!UD`$9 MT&(7$%]%%$Q>A2LOT&BK85K;8$D5;$F8P%=E55V(5&='-"4F)4`=-6EQIE<5 M+,&MY5,.8U,)[%2X65H456='6%'`L54>T0'YY!_ZD%,L8`>:T0(D<`(!L,4G M0`#P,$QA=DUAE&0@(59_,"KYQ(U4EO0'="1O,F`)H^MQPI4%Y=0=55S&+"#! M_?0`0X!-O08_#!5FV15RC=8!VU7$S[18=C4$?05>2?P"9%5*".5:7L4'?TQ9 M'@')'7!^@]$M160!F(`#OZ;$D'0`.!`'2=!:IFRS7X4#U>5:F55;9.4?E/8L <5!5,+R#*=9;*I'4)^X`\?`!RF55GO]9=@0``.S\_ ` end GRAPHIC 4 l37138l3713802.gif GRAPHIC begin 644 l37138l3713802.gif M1TE&.#EA00`>`.8``/S\_,C(R)*2DKJZNJ&AH>#@X(6%AM#0T"TM+>/CXXJ* MBHR,C&II:K^_OZ2DI-_>WTU-375U=5E86>?GYRHJ*O+R\N7EY=C8V,7%Q1(1 M$=K:VIF9F3X^/M+2T@@("%955>;FYL'!P2(A(?#P\#L[.ZJJJNKJZ_3T]&9F M9JZNKKR\O+2TM-;6UKBXN<[.SI24E$E(29N:FGM[>UU=738V-AT='6YN;C(R M,J:FIVQL;%]?7\K*REY>7AD9&5!04(&!@9V+"PL']_?U)24I:6EB8F M)JRLK$=&1G)R[M[K>WMY^? MH*>GI\[-SN_O[ZJIJ:BHJ-75U>OKZXR+BT9%1;V]O>GIZ;N[NXB(B",C(YV=G:RKK````/___R'Y!``````` M+`````!!`!X```?_@'^"@X2%AH<7/CYY!4R'CY"1DI$)8P1J"5$%1K45$7*P0Q0@\` MML^'43MV&7XB/"U;"4`_9&1'%U%,71UN:\[0Z85+=S8('GM@5E!+%PT$0@7J M^Y"M7Q]&1-CHL"4*GC..^"D\Q,2%#!E:HBR<2+&B18HAKI0A0`"-/G55RI2@ M]>>!QA`32]2@\"(+D@TNFA3`$Z9)@`LC!%7`L$,*B`-NFMATP49$ACZ"LF0P M,B!!32Y<6)QQ(O1``@!+#C2Y`&7'CB8[W&APYF(EGC]'%G#H<04#!Q%P_[Q$ ML+!$"0,V$A8@F$$!@0XC56KX@``&$VN\]T4- M2#!A)8I#,"$8`4YX>9P((]0!!1[.S8'@!6FN&:$4;FQ1%FF#I(83'#5(X4,& M?(01P1]+V/`!`'^F\(."'N!1Z'\U"#+$1L]MD,$'D?Z1)0I0Y)##&`Y00$,+ M@D`!W`HL$('`"E70X$,#,,00`P0!_%$%"23$:8`.%@1`Q!(.((!`"P<@04$, M=-"@J@A!:``!!7!S" MQ1?%+//,M3!AP!`I,)#'/DZL<048Z%S4P!Y:@'M'!PTD((45`[BP0AX#1/%` M"#VOT(`6+#RQ@PDK@TPQ`V;*>0!3V\8,$71PA)0Q$9A$*! M###4@0`6/E3A@0I.D*!#!AC48(<<'`0A@PTY$!$!'#0N-`$!*8QW0#X:P/D' M*@41I%!2"51`48463+200AD%6&$%%PU$844>%;300,H)T5P!!$BA&2$"`0`[ ` end GRAPHIC 5 l37138l3713803.gif GRAPHIC begin 644 l37138l3713803.gif M1TE&.#EA5``A`.8``.;M\/S]^M/;Y)"-:Y>EN.WR],3,V/7Y^:FRQ_?XZX>5 MM\K7X]GCZ_S\_)NFQ/CZ],G2VZ>ZT?7X]:2OO$IFI%5RITEGF3I M[7:+M69VFVM[IM#5WO[^_N#FZVJ$K/#U]N3DU5-KF;.]TXB5JOKZ^OGZ\'.' MKM3A[/3U]:"LPOK\_*VIB?/W^/?Z^GF5N/K\]?W^^]KG[KO,VK/$VNOL\(VC MP[.XQOKZ^&>#L[[#U-O?Y(:;P/S]]U%IH[7#UM+@YK?"S=?6Q_S^_??Z]X", MI$MPIM_K[[K*W[W*TJW!UE=PG/O[^IRPRN'CYE-GC\/&R/CX]UZ"KYZ<@O/R MXO#P\?CV];;(WKK%V_/T\?#S]/G[^Y&GHY[[1WOKY^)FLS6=P?ZV_ROKY^O?Y M^?OZ^_O[]OW]_;Z\H//S[UYQC/[]_8"2O>#>Q,[.R>KP\?___R'Y!``````` M+`````!4`"$```?_@'^"@X2%AAX>AH6(B7IVB(]_,H)Z'C(!DXJ:FYR=A3*@ MB41JI*0L#41<+PUV:BPL7%QRR'S@8$+@!5?OMQ(,B.$'PAC-#"!0^7.D"H)JO`9 MV8]*'SP*8TI%YS``EP,O"I!YH\,"$Q1O%B`)@41D/VK6D"H5D<#'RC\M_U]. M'5?N7#H3JE3Y"1*T@@4.!`P4,*%%Q`5^+41@P/`@A@]6Z&2`F\N06+$<`1H4 MD5#$F0T#*T`"A@9HBJ]4TV-7`Q&+QWNOD M:&)"AIH`:IJH,:%[-:M*YVC91N0(DCD/LZA!!'=V+'9)`.6P4(04N\S!@ASF MR6`<+:H98X($!6%PA3$Y2%#'`P&X%(`7,KAQ11A<[-(=!BUA($$#`1QGT`/' MM2<%?1Z8\`@1BST@"RAJQ%#'8MQ(\(0?-K!A0_\&3ZB`01WIU.$%032-9T<= M)YS@!8PGQ"!?B)=XX<83'R`1!!=J7!)"F0$%H&4,`=AAGI"8!:`;C$T\,(L' M`=1!$`9V%$0''2PP<$,9%=Q`@!A,1```DC9D`%BAP@M2U/'"`3SP8,,6 ME=H@J@JB6K$#!Q3\L$!C8!#P`P5H/"&!#9068(,4?@!0P*-6C">%%#8`8(,5 M5@!@;*4`S#&H#P_00($.0>SJ``)+:(!"%!]$H($&$Q"@``F7(N&$`Q/@<`,0 M!!"P`AIHK)#N`GM,4883(6"0`0Q''.&$17MH<,,$&!D0!`P:B+&"`@[PP.D- M&BC00;I.:(`&`@KL,,?_'#Z<`,&S,_AA@``"!.&5#0<(\$,%,Y#!`1,=O+#$ M!DB\8,,-$9301A`@C)!""C;W\$89*'S0`!E.3''$&,KL\<,;?B!1`@XNP&#! M&#.\888"+K@0@04]^$&``&U4``(`22!0Q`LR/+`QM&1T@=4,%ORPQ0LS_/!# MKGN8L8,48UBP!``'()%"M#/DC(0+00310Q!'C$"""24$<<;1FRH]1A`1@.Q" M#Q1$$$(29G`0P@%;WQ`"#R$$(?8+(3#PP@LY=D#!$3`PL0=6*5APQ!9U,$!! M!1G0<,89#`2P@+Q3Q`&`,1@PH,,/2'C@PP=B%&`$UP)TH<+D8Z@B]0UO.##Z M_P$]E!'!##".1"``GOXP@B64``O2"$"%+B!&A+@!0:([4`^",`?N+``"H`@ M!0Q``!B:,,`"/%!W;9@"$]KP@CKPP`4`@(`"?N``$Q2A<"-`0@-BX,$#^.$, M%!!="+B7`R)83AXNR,`PCGNO M@\$/G""1($S`#YS+'`JF9@+26>`&7*A)"L3&`C\(@`=;L(,5$$"!#:3A`'3` M@!0,8(8?"&`+9(`"%!;``*GUX`-&,`($>$`"#22A`1(P@`0-X((70,`(SS0` M"A90@`Y4((%^^,`L%4`#`WRA"QG0@!E6,`,LC(`)$,C`#2P``P"PP`5`&`$' M&,`#!`@A`W^P@1)JD`4#W*@.T"0!$#J0`3)H%`)6Z&<-&$`&!I"``#@(@@L: ML`4(U*`&!K"!"CI``C*`(00"<$$(7)H$(#Q!`$NH01(J6@,!,``(6$@#`T)` MABQL,PU82$(&N)"!'6`!"Q#_D$@&T'8557BH#D/"'SODA!YSV($YK^."'O2` M/P^PX`!8>1T&[B>!!(#A`"8(@S(.P()='"!K-V+!`QY0A'8\X$4Z:L(2%63`/LGV*#_."&*(7J`&LZYEL>3"C&Q?Y M@0=,8H`$Z-``QHAIC^XA@B[&LPME;&,\&)B2&Z10A!P40``V".\+:-0$.;A) M3PU@P0GTQ`7OV#9TAPO=40,7!##")T"@"P60@PI$*P$IA+8! M*I#"_QSJ*Z<)'V"Q!VF"!"3@!A<8@`$9"(P*-EQ8*:SA`!*0CS'@))YRO.8/ MCX@Q)^S`@NXT(`08#`FC:0!27D@0Q_)L$& M,K`!(80``"5(`PH(8&<:%"X"-X`!$C0P!B<(&@4(<`$+8,2+@:E<0@8LX,P3 M'(`#"'S,"@[8`0(ZT`$TD.$`']B`$U:P@F'N(`)Q0(("XB"1+\1!`2O(`!K& MT(%S">`-$'!"$A40!#$\;CS>F8H>5N.!$]2A`5+00H3M$``W*+P!.5B#%!KP M!#CLP`\KY8(*0E"$(H0@!&56P19"H(6(JP`,"N\0'J00`!6LP05;D``&!BD7 MAASH#U,:3P`J:UD`U>1LG+$"1P_@$D$NI@%H2D=]? GRAPHIC 6 l37138l3713804.gif GRAPHIC begin 644 l37138l3713804.gif M1TE&.#EA5``H`.8``%U<7.CHZ)"0D!L;&_CX^.;FYGU]?0@("*6EICX^/G%Q M<8J*BN[N[G1T=/;V]FUM;5A86%5552HI*=K:VH6%A3HZ.K*RLF%A8GIZ>M[> MWIR+BXI24E.#@X/#P\"TM+>KJZC(R,B4E M)38V-B(A(:*BHF9F9K:VMM;6U]C8V6IJ:L[.SKV\O;^_OY^>GE%144)"0HR, MC,3$Q)N:FKNZNA`/#\'!PGJ$='1Z.CHZZMKJRKJ_3T]8^/C[>W MMT-#0]#/T#0S,YZ=GG=W=Z^OL.[M[6-C8YR;G)V=G0```/___R'Y!``````` M+`````!4`"@```?_@'^"@X2%AH>(?R%Y`'DA<6N)DI.4E9:('1([&'TM+@Z7 MH:*CA`1)9`\6(8)FXAAD5?GX'*%Y7?U(.(4!@561L.E2Y MSI903&!=-U]/4"YH=#N]"3I,@@X3:LA5'5HA3\_KAB1-%0<'$A!L+E'&"BD# M(`@S+V($'!3X8&'%%C7@V"D<=.5&!6X'3AA0X@!*B#X^ME0Q9R:A@PPO""P< M2:@,A1+<_`RX\:$6@2L6MI`A(T,DR9N%C!QY,*`7DB`X1%H1$T*,%9Q(V\U@ M@6*'@3?-DDJ5]"7`U*M8LVK%A66)UZ]CH"R4$L5K%$)0OF)!VH>%V[<*_U8I MC(+&+8RH?SZ\18"4`Z\2+[(\V"'C2I(D'!PL+"0@(D2'P8 M"0*\@H02-P:U:8.FC80F*52<`"YA0`(J*6V(],L9`(,7%9`,L&,'28DG`@8@ M.2[A@E<1P(%&&%""^H`!)/[;;CR@00`!`@PH2/\'!PHRX@56)(""$H)4T80; M?URHP@=_+&!""E[X,L4?!BC@8HDGIE@'$PH\T>*+?T3@1Q<,.&`C$V3\P02/ M34@A0)#[I9!!#1@(DB2!?S")X!\RPB!%&WZ4`,0<\@&JW MWPH2[KA#)EIHNKPRN4/_F!(D,<@2?;CH1Q-B)2O("1\HT^2G,HHA+$'`"FZH.D4O3OSQM<-\+E&F%_M54`@:O!J((!4'PO!' M`@K_T4./8IEQP`!<#")!Z4H`H#7KB`")(P`!M4H/\(02*)%E`@N4&$``D: M$$$)@&`#%8B`#/"101`J8"`M`,`&$^`;&G)0`S`$H0U9V```"`"`"IQA!Q8P M@!V*F"!`RCA!@/H@Q]NT(0=<.DF(#A`%JQ`A3M,80<::,(J M/2D6;\8``@EP@S^[D(`,^$$.?YC#`2@0@0K(8`,1J$,[>W``&8"@!"9#`PUV M4+J;Z`$,`)`#&J;@@"G@`0-\",`%+N"R?F(``"UP``70@(<9/!0#2WA!%_;0 M@`@H00!!\$$#'I"$)AB@`3XP2`($Y*`!`,P@*4]@@!3CA4%":$`%4-S86`?Q 7!)%@<'D;*VL3#9&&!M!A!7,E1"```#L_ ` end GRAPHIC 7 l37138l3713805.gif GRAPHIC begin 644 l37138l3713805.gif M1TE&.#EA80`N`.8``*FTRLK7Y92*8L3+UT5KI9FCN=/;X_7Y^>7M\5=UJ??W MZNOQ])6HPLK2W?S\_/'T]H67N?K\^?CZ]>7I[?7X]$EHFV)YJ;6XJ/S\^G2+ MM,[(LVF(L]ODZ_[^_::YT+*ZR*ZFB'.&K6B!IXVBQ?K\_.KGU3UEI7B2N/KZ M^FEYF_CZ[^+F[/?Z^KG"ROS^_9NSR;3"TU)GFY*>NOK[]/'W]_W^^K_*V]'7 MWOS\^+K$U.OM[Z&MPU)LHM/AZOG[^X:4JKO2Y?S[^;O&VMS@YH>>O_S\]G>% MGGJ6POLXH&.J^#D MY\+1W?'MY/S[^_OZ]-??YFR.N?KY]OK[\/S]_?CY^M/.P&AQ@T9BGOS]^?W^ M^_W]_?KY^?;W^(6!:.+@U?#T[Y&NRKK.WK?'U)VOS?[^_O___R'Y!``````` M+`````!A`"X```?_@'^"@X2%AH=_?G,='7Z.C8D1=`YGE'(S135T34UM+@YM M#CXDAQV+B*BIJJN&BAT.#B0^+"P1#DEG*"@L#SIY$A@.FTTN;<;&AW,U/&`Q9N\G!Y M(J"D0((SY/APD.FAJ8<18Z*BLS*)!#FO)GPPPH-'@A`ORBQ`@<8,%Q`F3^+) MPJ:(G#D.!+V42155&R4/#,``$&`!#3LK^!`1P:-"`AE(PJ%14$(#TH`"_YYP M,9/%UB!&5?.VDS#`2(PX/#)XZ+&``HTJ0B!8^"?PC1DT112(>?+VS@4Q'"`!@(D(*@("`C"<18%;+F$FX$CZMW.>NG4 MFD%!P@0^1YB8(&!A3(L%YU2T16KRB0H<16:H4-'4-W`?&!Q"G<>HO'E4?CB) M%W5@@I,1%BI4L'("Q@05N-MJ6$KG3Q/Q#IF'%R("%GC(2G-P0DH5*.*()(I(0@1RR+','')$$($C,,;H!WHQ M3M+$&;E(D$1H#8QQ(3@2K&%+5.D$\:*,,/X'(/^`Z"#IB))+.H!BBG/0<8D$ M):(G("7JU('&#$KX<,T"612AP@RBL!`5'1A@X`(J'=0@YYQSPD2(,G3*><8F M_B7DAP/AF;<@(_TA$DT'"2&:4"4.R"&!$BR0((PPP9`@Z1P5T>'((='D2>=# M,P["HJ=9&-1&'>L4(8$$6:28Q!Q!R!'$'&MHFEXZFBXH!P:[.I0B!FM$%<&J M2IRSJ"DX2%!$>+F\&D$2XR3AZ))S#!M!#>-4-$<2*#HD;00I/36'`FCX8.X9 MF5F3&:!SA!>>K3/^Z<@9IH179;L.!3/IA^8DD0V@2, MKRP8"@8!ZXO@)`LV(4C_$@W8H+'&0@@!1AZ24A)*&R@$44D3L"329#'&^&`, M+-.T@;(.3F@L%,4.K+#''C8,@((G+\-RAC$R)I30R**`,C(G"A9*`0!1`);! M#R%$P<,0HYAK+@LN)Q(O'2AH6D<;/J!`PA:TK$0"U[.LT$4,\GU!PB0H,"!? M%`4\X(`YH?SLR0`PUT!.$``@7\\,,.6VF!.0.=8RY#&0A8P`0!:CPP!PHZA'#[ M!E?H\,$((S``N@P,&'!#`9@SSP`8"R2APQ(RC%#``-0W__GG$ZCGP@@$)##! M_QD+/-#%#3L00(`>.DP`/A,O,&`!#R,\@,8$1&0P0`,`B#""!Q;H@QX(8`(& M]$$$'EA`!M1``":D809;:$`&+$"`#"S`#@:P@@G"\`4/'"$!4E@!$4R0`#WH MP0I,Z`,%[#``#6:``Q`(P1*.8`(K`(`!6+A"&R(PA^^%;P)^@$$:;J`#,"2` M!T!(%@PJ<+4'>,`G0X@@#Z3@!@DL```R^,`'1!,#$QC@`0````(@H(<*Q$`( M#K###KX@@@I"!P4;P-T!4%`%&;3@#$L@0!BT0(,=;!`!/IC`!@IX@.O1``H5 MV``9'C`&#LR!#3T$G_BV4(`&;`$%98A/`.2P!BGTA/\,))`"$WC0@#8L\0@Z M*((/$&"#&PSA`%K`@@D:<(`5-.`!$-A#`F(PACJ0P0A7:*,%<\'`$QR@!0UH M@,_R&(8>)"$'3$@`!\XP@0P4,",3.$`?$DD&%H`!`7)@`TO`9X4JP&`#9:#` M#!J0@`H`H0TSX(-9AD`!&/"`"3?`P`!BP(03+(`7)U*`!`(@RQM8@Q<0"$`& MPH>`'E5!F`@@`0K4$(<,T$`&#;"#$K;0@@UJ80L>8,X*DB!(`C#`!TF8`0NV MN8&1VN$_16@##L!G`A'$(`$!4!8[W;E#*9A%"V.,@S\Q@+\X,`&!"*"!`V:` M@5B:X`8^<-$$(%"%/O#`!&7_`,`.$`!12\51#5^(0@`H@`,E?$&/6EC!">(` M`3N0-(XG#>[7'4C"D:+NQZ$P*!B$L(&/5`!`G@@ M#Y)``%S5%`0?T+6E;#`=!IK"`M\6X0,W`-M.@9"+'-R4`X^+0A78H(0;(&`- M*A@"_P1X$((%J+2RC2I"9A=`AP(0(`X[4$)X,Z`#XH2`!_XL@$$GX`8AQ,$" M6C@!`420!A10$ZX^.`,:VH!(_,K!#^%4@>-J.($B/,`./@A"8-V)@7B:)0T! MF!\1[,`"!L`@#PKP@0%$4.'F!J`"3U6"!-"`@"D@P`%EB&89V@-1'%`@`Q7P MYP0DU`4WY`!R6C!`%$S*@B2L((YZ.(!V?."!.(B``PZ80`,FL`7#/"X!*UC# M+F0!!BL0]P!)^$(%F-"#!XS`+`8XP`A$L(#&]<`"1*`!@P,0AZ?20`D16(&9 M?5`%*X3@"L\5@0DR@(`MT&"A:O`*`G8P!AI\H(9\E`'D./]`:P:.X`!*4,%M M-\"!!>1@"4*8``U:(`(S[D`'EF+!!&10%@@,P0!3D$\!;!D?(Z1A!%$8`P`^ M\(-#'T`"0RA`'.*@XO84(`H`T,$#B+"#!4Q@!S'@012^[82H\8`(,@A!#"!@ M@!^8H`(,6,$0F%"!'PSA`PDX:JA9".>%#P$,2["!#NS0@C"&<0+<*`3Y0]16@H(,_'\`+/`#@+;B!?S7_0/L,,`$69$%,!P")`]C`U%R8 M2PDI80$-#K`G%E`95G$G6Q!T@5+_85RC#G2@0!;01`,?2$`%[`:A`\;P'X-W$'2@`A3@!DNU)[;G`W,P"J:08S*3%Z[P!QT@!]GQ M(7ZWT_!"?J7(G*B'HO`">GW'Y.0'BAC,JE'!W6@`!0`;3A@)0B#`331 M!HS`)>8G_Q.*L#"F8($^L`!.\`')]`$M$`IR8`S(-PZX=Q!S<%DRPP@N@#!M M,`PL4@>W@`*K,0$%``!J\@<4X2)T,'Y-4('"D(,QL8./8"5V(`11T``L(#Q= M8"X'X`8D4`2!]WS1)PNZ93I1%3"B4!.^]UP0L`((P```H%2W$`&R<`8"0P>] MH2EZ48&<0`DH,`06$`(/,`,H0`-(L`U.X`0<<`!ED`/H,P0VD`-@P!5N@``# MT(H+L`(M4`9.T`**-@"J@0`CP`,YT`,YT``T,`%(X`1&9P!+T`!+L`2%(5&% MDA<(`PLV!@8HY@`"90F`` M(9`!'U``2V`$4P4!'*`'"7`#'!`"5!4"0B@"8%`&/-`',.`%#2`!.6:&$>$( M+@(+02`!#1`#)[`%"J`$K0$U`1``7H`$`-05CA,"51``)G!.)V`',K`!"G4$ M-+``/0``99`!(=`#3T2(&9!0,3``IS8"-\`#0A!+-C`#/N![$M@!+O(49L(! M$^0+K8$`4&,`%&F1%A``UD`$&LF13K`!4V`'7;!')W`$=G``#1`"-A!#/=`' MXH,`]LA99=`#_F,`<7"36#``*A`!5MB3&#`E;,`&-!!E.\`!'#``2+`"%G"* M*3`!?="7Y@(?95``83`!+Y`!Y>@!:1#D`B?`&CO@!5*0`2*@!1X0!3F`CE-0 M!?BX!Y6YD#9`D4Z`)C8&'+*'*V3004*0!BYC`!U3!3C0`'P`52PP%E+P`:"4 M$38`!@_@'@/0=ASP`0,0`!_``0@@A"NP/\_E!`-P`P=@`)F9!IFI)J<`'#72 M!#[@!E$U`Z29!$6`!M=``>+46CU@!SB`(R@0=PDQ"RC`!BH1`1C@`S.P!FY@ M.)6``V7#+4I3-N8RA6=@FD;S)QU@.G204ML'*!T2GFS@1#L0`#Z``_T2,)IB =+NWY%+NR5*B',G2`A).``440.'\H,\O8#($``#L_ ` end GRAPHIC 8 l37138l3713806.gif GRAPHIC begin 644 l37138l3713806.gif M1TE&.#EA;P`W`.8``-/=YHB8LLK6X_S]^O'T]>?N\5EUJO7X\^OQ\_7Y^?CZ M]<+-W*>TRLC1W61[J?S]_/;XZI6DNWF2N-KC[)6JR./J[KBND?[^_I>.:?K\ M^6B!J\O+MFF'M/CZ\GF+M4IHFJFYTFAZF/KZ^JNSO4)MJ8NDPSUII?K\]9&% M6M'8W$AQJK&[R$1JI;/`TE-LF'.(K-;@ZU)MI55YKO'W][G!RTMKI+O+VKG$ MU/?Z^OK[^.KJV_O\_(B=O??Z]\"ZH+&]T_W^^TILJJ"MPM_J[>'FZOOZ^T-F MH]C3P.GL[EIRGOS^_9RRR$IFH_S\]W%_GM_:RJC`U,#2WMO?Y?CX]]OG[;/# MV?S^_KK/W5V`L=;BY^+EY(^4C:&6=<#)U$AWL>WJX?+PX_K[^_KX^?K[\$-G MJ'Z8O4QPGX^`4Y^RSK/*W,?&T+K&V?CX\N_Q\%EMCGN!>OOZ]H"0L/CY^?W] M_?CW^*JD@/KY^?O[^_O[\\&_S'&1MZS#ST!CG7=]?_[]_O___R'Y!``````` M+`````!O`#<```?_@'^"@X2%AH>(A%87A$".`S@X/1T*2G.736,Y=B)W.1T= M`W:783L[ M/0J^%Y>$L'_5M=C9M=6_&3G?'7AX)W@*.`E$#!XA6W4^1SHY)'+.S`=F@PXM9+1*T4E8$>%'B!@`$"@X0*!!EB1X9)$S4"!'@G8X.ML M>`(APX[.R!,-(##"28P:'V)PH&"#2!L,38BJG`@@)6&KP^5##`(\%%1P@@CTSP+#"%NI-YI-&)PBE6V_M MC5>7?!3^<8D2#^!`P!!7E&"`"20$T5\`:Q200`X/['"`#CFIAY9:3[`A50X* M*%#AC8+$U4L."2P`P0_\&3-F!Q!$^J*?6$73H,T`& MJ^!8X2L#)!2.7CC,@(``KLG`@@DJ&/#""!JQ$14<8.CP!1M3%!&7$@,TH>66 M7.;UC0@.I=8&%4%J$`,3WF%0QQ$'X+!#$^7!4<04.Z"2YYX4[@.$+Z3,D0HH M/6@H@!`OA-`'%Q8PR@PRG>HSQY68\HF2008992D0)*!`J&:@J=QZ*8$"TF<`5/$'Y&84LH< M^%S0Q!P&X=`+*>A&]>K_!58T,P`^81=!0+=$&` M'!X=,$`'!`SH309B%+$Q7PT-B,,=FGW,U`#EL0$'*#6&Q884#2@--1'/=(#= M`5(DG?0-2!QP1Q&=F!*&7W`T=(("4V")!QR>H+M0!QD\$$8&?R2`@)`LD&"$ M`08D80`+1L2`@.,=?-+@V@I)-78I.XC!21'5W@%N6*GUL.\8$$``2@<0'$"' M&B\P840-,:"10`]X>$1`'#&(F$0`%=B#[QTB)'"\`AW@OCO;8>5PAQUBT%&$ M_QAWZ#D.#C_4$$0,`B"!!`!I8!$$%2FDL(``#2@)=P,"X,\_#`C(P1BR%PX" M"&`%(Z"!%`K0A2%,@'\-B*#_HA`%`1`@"EA0@0F"\`(J\*X("0"`&VH0&PX@ M(`%:D&#_&D#!"@Z!`"I4(140,(,#J":"^?O#-PY@`Q"9(0M5(T`+8I"""(3` M`#+@P`\(T(4X<$Y-+W"``R1@@S8\PR4,<$`<`A"`+;Z`3$G0@`[#"#JC@@"$SP0`*FD`(>(#&)'N``%F1@@!M48#!E MU(,&'(`%"B@I`05@`!GU\(($(S$"`!%G#@#WG*P0+($(0/P("6%&C!#(AP@"'H@01D:$$X M%%"!()`A!@7`@1PHD#D.R($.!$C"!P1PO$ATP0D`X`$#&M."8GH@HC`(@128 M*0`]L"`(#AC"`>`0A1#`0`.'D0`.F%(`+)!`!5#`00X(0(4XY`$./2@!&4C` M@Z\,P0O]O,$=\#`#'MA3AS7_6@"17$"%![0A#C>8@1+&8%#-M4`!)\A!0X/@ M@@(,#@UD2),=[H"`#Y5`"TV8@A+:L`(IT$`+(GA`2==9@0P08`5J!"D:S*`" M%UPA`0<00@"&P`$0Z?1*2/"I&?9P`BF,``$K4`,;#A`!(_`A`#5$@!>,X`(0 M7*VJ5Y4<#AKP`1*8`0!#6((#UM`#H2"AC62@01BN5`$SU,`%%9A"`BA`AAIH MP!,$>`$?@L`#`2!@%U)A2`]V\`,FL$`"!4!7*ID)@"@DX3`4H`,2X@"""N"4 M!)=]``+R$P.!0B$""&@#`@8@A](:(0!3D,,05!!57>"`!S6XYR]RT``0L<`# M+S"#_P&J@`,\#."W#J7!R1BJ`MN:R*#01,,\#L"`#P3!#%A8`@R^H@!/].`! MW?UN`1X@C0%((00`*,`+0,2!P'@@QR&(C4X?U@:?QN`'$Y``?HMPAXV5E@D! MT)4-2,`'!P"@R2)`L(+SU0`R;)`'R8Q!%<+0!"44`+@T:/()*M!A,Z2A!1)0 M02.1D"\1("`"SZE!#;"PAP*HS0YR@#$3UED`'0%!"B"=@1`,4X,%2'8U03:! M!'KK22S(Q@%.,`(%]MOD!)36F#;0;0Q>L(#&S"$!/`B"@C?691(P80()L($& MJE`I3Z)YN!?69`E<0`8O0"$!<`C9`^1P@Q?48*EF0*4=X/]P`B5TE]`ZN@"B M89T"V#"A#!QH`22=P`)CXJ`)0,@L"0P0@2488-,=6):GF:!J/9BX@P?H0"E@ MJ^`3'"`*1F`!5W=``!ZLH=9G#H()A-LE)`A\DSSPL@D7QPG(BJ`"-^!`8:R< M&PO'&+S11C0,^%T&([12`Q,(0P&6H(VB/R.QI3#/"H`FQBL M@`".;H,"`$``'$2`#"S@00&42H+_-,*!#AF@]Q\\,8,KN/$#0]@I`@A`M#`@ MW0@FP#DHB-#*MB8@`&/'P@3";H,7#*$)=U@;``Q0`Q!,$V(E#8($*O"-`8B` MF3`8+@#N&`,;,*0`0S*"!!*0@0ZDW.X'0((4U*L!(HB@M"8(P"H=X&H0$$`, M.5#\QA)PA;PZPM@`A2X(`8F*`,@>$"0?4O`!XB1!M.D`$QR23#``1TV4H/3 M`!WV`0`@_P<)D()XU``$4`4?X`(M4``^L@8QP`,((`=-<`YHP`(JP`$3H`MR M(`=18`!I@`!X$`9`6`(,@P.K!W@.0`7'DP4RH`)FP`-#4`$"$`%)\`(T9%4J M\(!A,`0RP`=,$`=B6`$>H&J+MSP.(`,RX`58$`!RH`!P``0[```!\$<.(`2' M]0)>X`4RX`%9EP42P#D:T`)5X`!H\`(:H``)4(#YV(`41\(=>8`!Q0`/G M($D&X``1``$,I0$",`9T4!4Q`(@&`(5JX`$JH(M2Q#DR$`$%$`"H*`-E```X M4`5/)`%9X$<&(`'6<`=2``,38(T3(`6>HB,$<(T3D(U:8'G5"/\`X40$#X`. M,``#4E`!#Y0`%=``-]`"UM4V.=`&*Y6.ZH@$*4($U@@`4@`Y$)%*#U>-Z3@! M`'``7U"0^+B06I``*Y4%Z0@`;?``W8B-,Y"-$S`$)0$Q2K!XLJ-*O3`L\"(5 MKD`]=_``#L$4X"(RT7`V$),BJG`03*$/*A$MKB`P0G,VPM($!@$N#Q`?$/,L M^+(7)^,(CG`**2(5<6&4N!(7>3(`@O"4J'`)1RDR5-F1Q8(267D4EU!V5AD? M*/$L0@$,@R.21MD,UJ`S.V`'7NF43.$*9Q.27@!%)Q M!])PD@KS*CV3>FP3*F(@`G#3!O=2"HY2!+_PFP]@"?%Q-1W0(PT0!Q$@!430 M!1'@!$0P.#G`!AV@-O4,!P**+8C`O6P`W(0G9'P/258`''``-6S!BM` M!`DP;#VR`]\0_P9R<`#TX!=`63@)4`;7E@"`8CU=@``X(`4WL`*&-`-#H*0P MP`"(=0,_`(]"4*0)@' MD`0"<(`!X$YN,(0MD`1K(``<4`)0EP1)0`&?*`"D\8P.`"`EP`(E(`5#H`%N M4*39*0`V8``@4``4\`$O4`42X`)+,#"!*1"I1R>P40+`9@=AP`80L`,20*ER M(`0F,%(O$`,+(`5J0`#,)014F!A1P`$.8!V7*`!4D`16E@("H`5EP/\`"%`" M1L``"8`&-;`$`S`#R]H%*:"*[@-30P`"-1``"$"O98"6UV(7V#,&(L`!PI<` M`S`&/?`-=,`!2;``QVH"$3`#A@(`AM@#&S@"."``:%0%850!;5`&']`"0Q!& M42@",R``%,``0&JN#!`#2R`,'&`&25,#X(4`,>`&`*!VJ(6OTI"S=X$][\$` M+N``)M(#UM,`"+"H:Y``#%"N[,H^!U`.2W!*"2``'Q`'#2!%&JL'+M``%9`$ M6$`%=5*U+P"K3#!2:!`#(X4`'&``[LH'/%`!!3"S\QH#$9``SL0#_I"K`@$N M`88`#$`;`D`$*;`"-`!#@SH$<1`'$U`!3L#_!&':!#T@!$90!@W``RX@-9.Z M`"EPJ5QJ!@X@`$^Q`C][`W'`!(+7?WK0`EF@`2ZP`N-*BPL0`U!``!%PAY?S M`1Y`!R'#&=0B/D.5`D(@!`Q``RFPF@D0N$E*!'*0#E[:!B8*N270`A&P!@30 M!`C0!5EJ2`?0I2#0`/6`!`P0`3:PAC]0`$0@!!20`D0``@R@!@+6`O%H`PB` M!%V`!G=Z`PSP`VV0NW?Q"TQVF^=(``1`*6ZI@SAP`E)!HB(@*C@Q3:23W2%U_1`W!@.0":`',5"5.@7'XAM&%0!#XB=_NPOU'1 M)>("!)9@%-:P*>V9>Q`/(`YP@`1L&`!:8($[4`YHE0I,,08P;#TX,`9Y@3L# MH!MCL"Q`,$!!T039@P>IT`3B``1X`)YX`)0:$R8,<0(HP13X@B[GN"R1D`%X M,%37:!T](@>?L5/SL"P=$0;6$P::X`DG,#;E`0PN&`D1$RBXMA>I$,%0&0N! #```[ ` end -----END PRIVACY-ENHANCED MESSAGE-----