0000805676-13-000007.txt : 20130128 0000805676-13-000007.hdr.sgml : 20130128 20130128164104 ACCESSION NUMBER: 0000805676-13-000007 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20130128 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130128 DATE AS OF CHANGE: 20130128 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PARK NATIONAL CORP /OH/ CENTRAL INDEX KEY: 0000805676 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 311179518 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13006 FILM NUMBER: 13552161 BUSINESS ADDRESS: STREET 1: 50 NORTH THIRD ST CITY: NEWARK STATE: OH ZIP: 43055 BUSINESS PHONE: 6143498451 MAIL ADDRESS: STREET 1: P O BOX 3500 CITY: NEWARK STATE: OH ZIP: 43058-3500 8-K 1 a2012_12x31xearningsxrelea.htm 8-K 2012_12_31_Earnings_Release


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)
January 28, 2013
 
Park National Corporation
(Exact name of registrant as specified in its charter)
 
Ohio
1-13006
31-1179518
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)
 
50 North Third Street, P.O. Box 3500, Newark, Ohio
43058-3500
(Address of principal executive offices)
(Zip Code)
 
(740) 349-8451
(Registrant’s telephone number, including area code)
 
Not Applicable
(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:
 
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 



1



Item 2.02 - Results of Operations and Financial Condition.

On January 28, 2013, Park National Corporation (“Park”) issued a news release (the “Financial Results News Release”) announcing financial results for the three months (fourth quarter) and fiscal year ended December 31, 2012. A copy of this Financial Results News Release is included as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.

Park's management uses certain non-U.S. GAAP (U.S. generally accepted accounting principles) financial measures to evaluate Park's performance. Specifically, management reviews return on average tangible common equity, return on average tangible assets, the ratio of tangible common equity to tangible assets and tangible common book value per common share. Management has included in the Financial Results News Release information relating to the return on average tangible common equity, return on average tangible assets, the ratio of tangible common equity to tangible assets and tangible common book value per common share for the three months and years ended December 31, 2012 and 2011. For purposes of calculating the return on average tangible common equity, a non-U.S. GAAP financial measure, net income available to common shareholders for each period is divided by average tangible common equity during the period. Average tangible common equity equals average stockholders' equity during the applicable period less (i) average goodwill and other intangible assets during the applicable period and (ii) average preferred stock during the applicable period. For the purpose of calculating the return on average tangible assets, a non-U.S. GAAP financial measure, net income available to common shareholders for each period is divided by average tangible assets during the period. Average tangible assets equals average assets during the applicable period less average goodwill and other intangible assets during the applicable period. For the purpose of calculating the ratio of tangible common equity to tangible assets, a non-U.S. GAAP financial measure, tangible common equity is divided by tangible assets. Tangible common equity equals stockholders' equity less preferred stock and goodwill and intangible assets. Tangible assets equals total assets less goodwill and intangible assets. For the purpose of calculating tangible common book value per common share, a non-U.S. GAAP financial measure, tangible common equity is divided by common shares outstanding at period end. Management believes that the disclosure of return on average tangible common equity, return on average tangible assets, the ratio of tangible common equity to tangible assets and tangible common book value per common share presents additional information to the reader of the consolidated financial statements, which, when read in conjunction with the consolidated financial statements prepared in accordance with U.S. GAAP, assists in analyzing Park's operating performance and ensures comparability of operating performance from period to period while eliminating certain non-operational effects of acquisitions and, in the case of return on average common equity and tangible common book value per common share, the impact of preferred stock. In the Financial Results News Release, Park has provided a reconciliation of average tangible common equity to average stockholders' equity, average tangible assets to average assets, tangible common equity to stockholders' equity and tangible assets to total assets solely for the purpose of complying with SEC Regulation G and not as an indication that return on average tangible common equity, return on average tangible assets, the ratio of tangible common equity to tangible assets and tangible common book value per common share are substitutes for return on average equity, return on average assets, the ratio of common equity to assets and common book value per common share, respectively, as determined by U.S. GAAP.





2


Item 7.01 - Regulation FD Disclosure

The following is a discussion of the financial results for the three months (fourth quarter) and year ended December 31, 2012 and a comparison of these results to the guidance previously provided within the Annual Report to Shareholders for the fiscal year ended December 31, 2011 (the “2011 Annual Report”).

The table below reflects the net income (loss) by segment for each quarter of 2012, the results for the fiscal year ended December 31, 2012, and the results for each of the prior two fiscal years ended December 31, 2011 and 2010. Park's current segments include The Park National Bank (“PNB”), Guardian Financial Services Company (“GFSC”), SE Property Holdings, LLC (“SEPH”) and "All Other" which primarily consists of Park as the "Parent Company." In addition, Vision Bank was included as a segment for each of the fiscal years ended December 31, 2011 and 2010.
  
(In thousands)
Q1 2012
Q2 2012
Q3 2012
Q4 2012
2012
2011
2010
PNB
$
21,561

$
23,483

$
22,068

$
19,994

$
87,106

$
106,851

$
102,948

GFSC
806

909

971

864

3,550

2,721

2,006

Park Parent Company
49

134

274

(262
)
195

(1,595
)
(1,439
)
   Ohio-based operations
$
22,416

$
24,526

$
23,313

$
20,596

$
90,851

$
107,977

$
103,515

Vision Bank
—

—

—

—

—

(22,526
)
(45,414
)
SEPH
9,059

(5,640
)
(11,331
)
(4,309
)
(12,221
)
(3,311
)
—

   Total Park
$
31,475

$
18,886

$
11,982

$
16,287

$
78,630

$
82,140

$
58,101


The results for “Park Parent Company” above exclude the results for SEPH, an entity which is winding down commensurate with the disposition of its problem assets. Management considers the results of the “Ohio-based operations” to reflect the business of Park and its subsidiaries going forward. The discussion below provides additional information regarding Park's segments.

The Park National Bank (PNB)

The table below reflects the results for PNB for each quarter of 2012, the results for the fiscal year ended December 31, 2012, and results for each of the prior two fiscal years ended December 31, 2011 and 2010.

(In thousands)
Q1 2012
Q2 2012
Q3 2012
Q4 2012
2012
2011
2010
Net interest income
$
55,846

$
56,022

$
55,366

$
54,524

$
221,758

$
236,282

$
237,281

Provision for loan losses
4,672

3,756

4,125

4,125

16,678

30,220

23,474

Fee income
16,661

17,700

18,150

18,228

70,739

67,348

68,648

Security gains
—

—

—

—

—

23,634

11,864

Total other expense
38,056

37,260

39,609

41,591

156,516

146,235

144,051

Income before income taxes
$
29,779

$
32,706

$
29,782

$
27,036

$
119,303

$
150,809

$
150,268

    Federal income taxes
8,218

9,223

7,714

7,042

32,197

43,958

47,320

Net income
$
21,561

$
23,483

$
22,068

$
19,994

$
87,106

$
106,851

$
102,948

Net income excluding security gains
$
21,561

$
23,483

$
22,068

$
19,994

$
87,106

$
91,489

$
95,236


Management originally projected 2012 net income for PNB of approximately $93 million within the 2011 Annual Report. Due primarily to the continued low interest rate environment, PNB's net income for the fiscal year ended December 31, 2012 was $87.1 million.

Total other expense at PNB was $156.5 million for the year ended December 31, 2012, an increase of $10.3 million, or 7.0%, from the total other expense of $146.2 million in 2011. The $10.3 million increase was the result of increases of approximately (i) $2.4 million in salaries and employee benefit expense, (ii) $1.7 million in fees and expenses, largely related to increases in

3


legal fees, (iii) $1.5 million of additional expense in Q4 2012 related to a one-time off-balance sheet liability and (iv) $4.7 million in miscellaneous increases within equipment costs, communications, marketing, data processing and state franchise taxes.

The table below provides certain balance sheet information and financial ratios for PNB as of December 31, 2012 and 2011.

(In thousands)
Dec. 31,
2012

Dec. 31,
2011
% change from 12/31/11
Loans
$
4,369,173

$
4,172,424

4.72
 %
Allowance for loan losses
53,131

55,409

(4.11
)%
Net loans
4,316,042

4,117,015

4.83
 %
Total assets
6,502,579

6,281,747

3.52
 %
Average assets
6,532,683

6,453,404

1.23
 %
Deposits
4,814,107

4,611,646

4.39
 %
Return on average assets *
1.33
%
1.42
%
(6.34
)%
  * Excludes gains on the sale of investment securities for the fiscal year ended December 31, 2011.

The $196.7 million (4.72%) increase in loans experienced at PNB in 2012 was primarily related to continued demand for 1-4 family mortgages, which has increased by $123.5 million. Of the $123.5 million increase in the mortgage loan portfolio, approximately $91.1 million of the increase was associated with our decision to retain a portion of the 15-year, fixed-rate mortgages originated by PNB rather than selling these loans in the secondary market. The balance of the increase in loans of $73.2 million was across all loan portfolio categories, with the most significant increase being in commercial loans (up $47.4 million). As noted above, PNB's allowance for loan losses declined by $2.3 million, or 4.11%, to $53.1 million at December 31, 2012 compared to $55.4 million at December 31, 2011. The decline in PNB's allowance for loan losses was due to continued improvement in the credit metrics across the PNB loan portfolio. Refer to the “Credit Metrics and Provision for Loan Losses” section below for additional information regarding the improvements in the credit metrics of PNB's loan portfolio.

Guardian Financial Services Company (GFSC)

The table below reflects the results for GFSC for each quarter of 2012, the results for the fiscal year ended December 31, 2012, and the results for each of the prior two fiscal years ended December 31, 2011 and 2010.

(In thousands)
Q1 2012
Q2 2012
Q3 2012
Q4 2012
2012
2011
2010
Net interest income
$
2,211

$
2,305

$
2,371

$
2,269

$
9,156

$
8,693

$
7,611

Provision for loan losses
250

200

184

225

859

2,000

2,199

Fee income
—

—

—

—

—

—

2

Total other expense
721

706

693

715

2,835

2,506

2,326

Income before income taxes
$
1,240

$
1,399

$
1,494

$
1,329

$
5,462

$
4,187

$
3,088

    Federal income taxes
434

490

523

465

1,912

1,466

1,082

Net income
$
806

$
909

$
971

$
864

$
3,550

$
2,721

$
2,006


In the 2011 Annual Report, management stated that GFSC was expected to make net income of $3.0 million in 2012. Actual results for 2012 were net income of $3.5 million. This improvement was the result of increased net interest income due to the 6.31% increase in loans in 2012, as well as a lower provision for loan losses based on analysis of the credit portfolio performed by GFSC's management.


4


The table below provides certain balance sheet information and financial ratios for GFSC as of December 31, 2012, and 2011.

(In thousands)
December 31, 2012
December 31, 2011
% change from 12/31/11
Loans
$
50,082

$
47,111

6.31
%
Allowance for loan losses
2,406

2,297

4.75
%
Net loans
47,676

44,814

6.39
%
Total assets
49,926

46,682

6.95
%
Average assets
48,381

45,588

6.13
%
Return on average assets
7.34
%
5.97
%
22.95
%

Park Parent Company

The table below reflects the results for Park's Parent Company for each quarter of 2012, the results for the fiscal year ended December 31, 2012, and the results for each of the prior two fiscal years ended December 31, 2011 and 2010.

(In thousands)
Q1 2012
Q2 2012
Q3 2012
Q4 2012
2012
2011
2010
Net interest income
$
1,061

$
1,478

$
1,167

$
1,036

$
4,742

$
2,155

$
1,285

Provision for loan losses
—

—

—

—

—

—

—

Fee income
68

83

120

(38
)
233

350

389

Total other expense
1,528

1,839

1,373

1,845

6,585

7,115

9,106

Income (loss) before income taxes
$
(399
)
$
(278
)
$
(86
)
$
(847
)
$
(1,610
)
$
(4,610
)
$
(7,432
)
    Federal income tax (benefit)
(448
)
(412
)
(360
)
(585
)
(1,805
)
(3,015
)
(5,993
)
Net income (loss)
$
49

$
134

$
274

$
(262
)
$
195

$
(1,595
)
$
(1,439
)

In the 2011 Annual Report, management projected aggregate net income of $1 million for the Parent Company, Vision Bank through February 16, 2012 and SEPH. Typically, we expect the Park Parent Company will perform around breakeven. Results for 2012 show net income of $195,000.

Net interest income for Park's parent company included interest income on loans by Park to SEPH and on subordinated debt investments by Park with PNB, which were eliminated in the consolidated Park National Corporation totals. Additionally, net interest income included interest expense related to the $35.25 million and $30 million of subordinated notes issued by Park in December 2009 and April 2012, respectively.


SEPH / Vision Bank

Vision Bank (“Vision”) merged with and into SEPH, a non-bank subsidiary of Park, following the sale of the Vision business to Centennial Bank (“Centennial”) on February 16, 2012. SEPH holds the remaining assets and liabilities retained by Vision subsequent to the sale. SEPH's assets consist primarily of performing and nonperforming loans and other real estate owned (“OREO”). This segment represents a run off portfolio of the legacy Vision assets.


5


The table below reflects the results for SEPH for each quarter of 2012 and the results for the fiscal year ended December 31, 2012. The SEPH results for the first quarter of 2012 include Vision's results prior to the completion of the sale to Centennial on February 16, 2012. Also included below are the results for SEPH and Vision for the fiscal year ended December 31, 2011. SEPH was formed in March 2011. Prior to holding the remaining Vision assets, SEPH held OREO assets that were sold by Vision to SEPH.

(In thousands)
Q1 2012
Q2 2012
Q3 2012
Q4 2012
2012
SEPH
2011
 
Vision
2011
Net interest income
$
2,610

$
(1,125
)
$
(888
)
$
(938
)
$
(341
)
$
(974
)
 
$
27,078

Provision for loan losses
3,416

1,282

12,346

838

17,882

—

 
31,052

Fee income
724

(275
)
(191
)
(994
)
(736
)
(3,039
)
 
1,422

Security gains
—

—

—

—

—

—

 
5,195

Gain on sale of Vision business
22,167

—

—

—

22,167

—

 
—

Total other expense
8,165

5,999

4,008

3,860

22,032

1,082

 
31,379

Income (loss) before income taxes
$
13,920

$
(8,681
)
$
(17,433
)
$
(6,630
)
$
(18,824
)
$
(5,095
)
 
$
(28,736
)
    Federal income taxes (benefit)
4,861

(3,041
)
(6,102
)
(2,321
)
(6,603
)
(1,784
)
 
(6,210
)
Net income (loss)
$
9,059

$
(5,640
)
$
(11,331
)
$
(4,309
)
$
(12,221
)
$
(3,311
)
 
$
(22,526
)
Net income (loss) excluding security gains
$
9,059

$
(5,640
)
$
(11,331
)
$
(4,309
)
$
(12,221
)
$
(3,311
)
 
$
(25,903
)

In the 2011 Annual Report, management projected combined net income of $1 million for the Park Parent Company, Vision through February 16, 2012 and SEPH. As noted above, we typically expect the Park Parent Company will perform around breakeven. As such, management expected net income of approximately $1 million for the combined operations of Vision through February 16, 2012 and SEPH throughout the 2012 year. For the fiscal year ended December 31, 2012, SEPH reported a net loss of $12.2 million. The decline in projected net income was primarily due to increased provision for loan losses and higher than projected total other expense incurred by SEPH throughout 2012.

SEPH results for the fourth quarter of 2012 included a $1.7 million expense to establish a valuation allowance against certain OREO assets. The expense related to the establishment of the valuation allowance was included within fee income.

On February 16, 2012, when Vision merged with and into SEPH, the loans then held by Vision were transferred to SEPH by operation of law at their fair market value and thus no allowance for loan loss was carried at SEPH. The loans included in both the performing and nonperforming portfolios were charged down to their fair value. The table below provides additional information regarding charge-offs as a percentage of unpaid principal balance, as of December 31, 2012:

SEPH - Retained Vision Loan Portfolio
 
 
 
 
 
(In thousands)
Unpaid Principal Balance
Charge-Offs
Net Book Balance
Charge-off Percentage
Nonperforming loans - retained by SEPH
$
126,801

$
71,509

$
55,292

56
%
Performing loans - retained by SEPH
4,236

350

3,886

8
%
  Total SEPH loan exposure
$
131,037

$
71,859

$
59,178

55
%



6


The table below provides an overview of all Vision exposure remaining at SEPH. This information is provided as of December 31, 2012 and September 30, 2012, showing the decline in legacy Vision assets at SEPH over the fourth quarter of 2012.

(In thousands)
SEPH 12/31/2012
SEPH 9/30/2012
Change from last quarter
Nonperforming loans - retained by SEPH
$
55,292

$
58,838

$
(3,546
)
OREO - retained by SEPH
21,003

21,934

(931
)
    Total nonperforming assets
$
76,295

$
80,772

$
(4,477
)
 
 
 

Performing loans - retained by SEPH
$
3,886

$
9,632

$
(5,746
)
 
 
 
 
    Total SEPH - Legacy Vision assets
$
80,181

$
90,404

$
(10,223
)

Park National Corporation

The table below reflects the results for Park on a consolidated basis for each quarter of 2012, the results for the fiscal year ended December 31, 2012, and the results for each of the prior two fiscal years ended December 31, 2011 and 2010.

(In thousands)
Q1 2012
Q2 2012
Q3 2012
Q4 2012
2012
2011
2010
Net interest income
$
61,728

$
58,680

$
58,016

$
56,891

$
235,315

$
273,234

$
274,044

Provision for loan losses
8,338

5,238

16,655

5,188

35,419

63,272

87,080

Fee income
17,453

17,508

18,079

17,196

70,236

66,081

63,016

Security gains
—

—

—

—

—

28,829

11,864

Gain on sale of Vision business
22,167

—

—

—

22,167

—

—

Total other expense
48,470

45,804

45,683

48,011

187,968

188,317

187,107

Income before income taxes
$
44,540

$
25,146

$
13,757

$
20,888

$
104,331

$
116,555

$
74,737

    Federal income taxes
13,065

6,260

1,775

4,601

25,701

34,415

16,636

Net income
$
31,475

$
18,886

$
11,982

$
16,287

$
78,630

$
82,140

$
58,101

Net income excluding security gains
$
31,475

$
18,886

$
11,982

$
16,287

$
78,630

$
63,401

$
50,389


In the 2011 Annual Report, management stated that Park was expected to make net income of approximately $97.0 million in 2012. For the fiscal year ended December 31, 2012, Park reported net income of $78.6 million. The negative variance of $18.4 million was primarily due to the continued low interest rate environment, resulting in a lower than projected net interest income, and worse than expected results at SEPH.


7


Credit Metrics and Provision for Loan Losses

The provision for loan losses for the fiscal year ended December 31, 2012 was $35.4 million, compared to $63.3 million 2011. The table below shows a breakdown of the loan loss provision by reportable segment for each quarter in 2012 and for the years ended December 31, 2012 and 2011:

(In thousands)
Q1 2012
Q2 2012
Q3 2012
Q4 2012
2012
2011
PNB
$
4,672

$
3,756

$
4,125

$
4,125

$
16,678

$
30,220

GFSC
250

200

184

225

859

2,000

Park Parent
—

—

—

—

—

—

    Total Ongoing Operations
$
4,922

$
3,956

$
4,309

$
4,350

$
17,537

$
32,220

Vision
—

—

—

—

—

31,052

SEPH
3,416

1,282

12,346

838

17,882

—

    Total Park
$
8,338

$
5,238

$
16,655

$
5,188

$
35,419

$
63,272


The table above reflects that the loan loss provision for Park's ongoing operations, consisting of Park's Ohio operations (PNB and GFSC), has declined by $14.7 million, or 45.6%, when comparing the fiscal year ended December 31, 2012 with the same period in 2011. This reduction was primarily due to improving credit trends for Park's Ohio operations. The following table shows the trends in Park's Ohio operations' commercial loan “Watch List”.

Commercial loans * (In thousands)
December 31, 2012
December 31, 2011
December 31, 2010
Pass rated
$
2,228,053

$
2,131,007

$
2,046,016

Special Mention
49,275

66,254

85,287

Substandard
16,843

29,604

78,529

Impaired
89,365

95,109

90,694

    Total
$
2,383,536

$
2,321,974

$
2,300,526

* Commercial loans include: (1) Commercial, financial and agricultural loans, (2) Commercial real estate loans, (3) Commercial related loans in the construction real estate portfolio and (4) Commercial related loans in the residential real estate portfolio.

The commercial loan table above demonstrates the improvement experienced over the last 24 months in the Park's Ohio operations' commercial portfolio. Pass rated commercial loans have grown $182.0 million, or 8.90% since December 31, 2010. Over this period, special mention loans have declined by $36.0 million, or 42.2% and substandard loans have declined by $61.7 million, or 78.5%. These improved credit metrics in the special mention and substandard categories of the commercial loan portfolio have a significant impact on the general reserves that are established to cover incurred losses on performing commercial loans. As these metrics have improved over the past 24 months, general reserves have declined as well.

Delinquent and accruing loan trends for Park's Ohio-based operations have also improved over the past 24 months. Delinquent and accruing loans were $39.6 million or 0.90% of total loans at December 31, 2012, compared to $40.1 million (0.96%) at December 31, 2011 and $45.8 million (1.12%) at December 31, 2010.

Impaired commercial loans for Park's Ohio-based operations were $89.4 million as of December 31, 2012, down slightly from the balances of impaired loans of $95.1 million and $90.7 million at December 31, 2011 and 2010, respectively. The $89.4 million of impaired commercial loans at December 31, 2012 included $16.7 million of loans modified in a troubled debt restructuring which are currently on accrual status and performing in accordance with the restructured terms. Impaired commercial loans are individually evaluated for impairment and specific reserves are established to cover incurred losses.

While the credit metrics have improved for Park's Ohio-based operations over the past 24 months, OREO assets have remained relatively stable. OREO assets for Park's Ohio-based operations were $14.7 million, $13.2 million and $8.4 million at December 31, 2012, December 31, 2011 and December 31, 2010.




8


Projection of fiscal 2013 results - by operating segment

The information in the table below provides Park's current projection of pre-tax, pre-provision income (loss) by operating segment for the 2013 fiscal year. Pre-tax, pre-provision income (loss) is calculated using net interest income, plus other income, less other expense. For comparison purposes, management has also included the pre-tax, pre-provision income (loss) for the fiscal year ended December 31, 2012.
Pre-tax, pre-provision income (loss)                 (in thousands)
2012
 
Projected range for 2013
PNB
$
135,981

 
$
129,000

$
139,000

GFSC
6,321

 
5,000

6,000

Parent excluding SEPH
(1,610
)
 
(5,000
)
(4,000
)
   Total Ohio-based operations
$
140,692

 
$
129,000

$
141,000

 
 
 
 
 
SEPH *
(942
)
 
(16,000
)
(10,000
)
   Park National Corporation
$
139,750

 
$
113,000

$
131,000

* Includes Vision's results through February 16, 2012, including the $22.2 million pre-tax gain on the sale of the Vision business on February 16, 2012.

The information below begins with the Park's projected consolidated pre-tax, pre-provision income and incorporates a projected range for provision for loan losses, income before income tax, income taxes and net income for Park on a consolidated basis in 2013.
(in thousands)
2012 Actual
 
Projected range for 2013
Pre-tax, pre-provision income
$
139,750

 
$
113,000

$
131,000

   Provision for loan losses
35,419

 
20,000

15,000

Income before income tax
$
104,331

 
$
93,000

$
116,000

   Income taxes
25,701

 
23,250

30,160

Net income
$
78,630

 
$
69,750

$
85,840



SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
Park cautions that any forward-looking statements contained in this Current Report on Form 8-K or made by management of Park are provided to assist in the understanding of anticipated future financial performance. Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance. The forward-looking statements are based on management's expectations and are subject to a number of risks and uncertainties. Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements. Risks and uncertainties that could cause actual results to differ materially include, without limitation: deterioration in the asset value of Park's loan portfolio may be worse than expected due to a number of factors, such as adverse changes in economic conditions that impair the ability of borrowers to repay their loans, the underlying value of the collateral could prove less valuable than assumed and cash flows may be worse than expected; Park's ability to sell OREO properties at prices as favorable as anticipated; Park's ability to execute its business plan successfully and within the expected timeframe; general economic and financial market conditions, and weakening in the economy, specifically the real estate market and the credit market, either nationally or in the states in which Park and its subsidiaries do business, may be worse than expected which could decrease the demand for loan, deposit and other financial services and increase loan delinquencies and defaults; changes in interest rates and prices may adversely impact the value of securities, loans, deposits and other financial instruments and the interest rate sensitivity of our consolidated balance sheet; changes in consumer spending, borrowing and saving habits; changes in unemployment; asset/liability repricing risks and liquidity risks; our liquidity requirements could be adversely affected by changes in our assets and liabilities; competitive factors among financial services organizations increase significantly, including product and pricing pressures and our ability to attract, develop and retain qualified bank professionals; the nature, timing and effect of changes in banking regulations or other regulatory or legislative requirements affecting the respective businesses of Park and its subsidiaries, including changes in laws and regulations concerning taxes, accounting, banking, securities and other aspects of the financial services industry, specifically the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Dodd-Frank Act”), as well as future regulations which will be adopted by the relevant regulatory agencies, including the Consumer Financial Protection Bureau, to implement the Dodd-Frank Act's provisions; the effect of changes in accounting policies and practices, as may be adopted by the Financial Accounting Standards Board, the SEC, the Public Company Accounting Oversight Board and other

9


regulatory agencies, and the accuracy of our assumptions and estimates used to prepare our financial statements; the effect of fiscal and governmental policies of the United States federal government; adequacy of our risk management program; a failure in or breach of our operational or security systems or infrastructure, or those of our third-party vendors and other service providers, including as a result of cyber attacks; demand for loans in the respective market areas served by Park and its subsidiaries; and other risk factors relating to the banking industry as detailed from time to time in Park's reports filed with the Securities and Exchange Commission including those described in "Item 1A. Risk Factors" of Part I of Park's Annual Report on Form 10-K for the fiscal year ended December 31, 2011 and in “Item 1A. Risk Factors” of Part II of Park's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2012. Undue reliance should not be placed on the forward-looking statements, which speak only as of the date hereof. Park does not undertake, and specifically disclaims any obligation, to publicly release the result of any revisions that may be made to update any forward-looking statement to reflect the events or circumstances after the date on which the forward-looking statement is made, or reflect the occurrence of unanticipated events, except to the extent required by law.

Item 8.01 - Other Events

Declaration of Cash Dividend

As reported in the Financial Results News Release, on January 28, 2013, the Park Board of Directors declared a $0.94 per share quarterly cash dividend in respect of Park's common shares. The dividend is payable on March 8, 2013 to common shareholders of record as of the close of business on February 22, 2013. A copy of the Financial Results News Release is included as Exhibit 99.1 and the portion thereof addressing the declaration of the cash dividend by Park's Board of Directors is incorporated by reference herein.




10


Item 9.01 - Financial Statements and Exhibits.

(a)
Not applicable
    
(b)
Not applicable

(c)
Not applicable

(d)
Exhibits. The following exhibit is included with this Current Report on Form 8-K:



Exhibit No.        Description
99.1
News Release issued by Park National Corporation on January 28, 2013 addressing operating results for the three months and fiscal year ended December 31, 2012.





            


[Remainder of page intentionally left blank;
signature on following page.]











11



SIGNATURE


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.
 
 
PARK NATIONAL CORPORATION
 
 
 
Dated: January 28, 2013
By:
/s/ Brady T. Burt
 
 
Brady T. Burt
 
 
Chief Financial Officer
 
 
 

12




INDEX TO EXHIBITS


Current Report on Form 8-K
Dated January 28, 2013


Park National Corporation

Exhibit No.
Description
99.1
News Release issued by Park National Corporation on January 28, 2013 addressing operating results for the three months and fiscal year ended December 31, 2012.


13
 EX-99.1 2 exhibit991earningsrelease4q.htm EXHIBIT Exhibit 99.1 Earnings Release 4Q





January 28, 2013                                            Exhibit 99.1
Park National Corporation reports Fourth Quarter
and Year End 2012 Financial Results
Board Continues Quarterly Cash Dividend of $0.94 per Common Share
NEWARK, Ohio - Park National Corporation (Park) (NYSE MKT: PRK) today reported financial results for the three-months (fourth quarter) and year ended December 31, 2012. Park's Board of Directors also declared a $0.94 per common share quarterly cash dividend, payable on March 8, 2013 to common shareholders of record on February 22, 2013. Park's net income in 2012 reduced slightly compared to the previous year, and its community bank divisions located in Ohio generated increases in loans, deposits, and assets under management in their trust and investments departments.
Park National Corporation Results
Net income for the year ended December 31, 2012 was $78.6 million, a 4.3 percent decline from the $82.1 million in net income for 2011. Earnings per diluted common share were $4.88 for the year ended December 31, 2012, a 1.4 percent decrease from the $4.95 earnings per diluted common share reported for 2011.
Net income for the fourth quarter of 2012 was $16.3 million, a 53.8 percent increase from the $10.6 million in net income for the same period in 2011. Earnings per diluted common share were $1.06 for the fourth quarter of 2012, a 79.7 percent increase from the $0.59 earnings per diluted common share reported in the fourth quarter of 2011.
“Our associates' hard work resulted in several highlights for the year, including improved lending results and the sale of the Vision Bank business,” said Park Chairman C. Daniel DeLawder. “The economic environment continues to challenge most banks' efforts to increase net interest income, and we're very proud of our successful growth, consistency, and overall performance.”
Net income for the fourth quarter of 2011 and for the year ended December 31, 2011 included pre-tax gains of $3.4 million and $28.8 million, respectively, from the sale of investment securities. There were no securities gains in 2012. Net income for the year ended December 31, 2012 included a pre-tax gain of $22.2 million from the sale of substantially all of the performing loans, operating assets and the liabilities of Vision Bank. Excluding securities gains in 2011 and the gain from the sale of the Vision Bank business in 2012, net income for the years ended December 31, 2012 and 2011 would have been $64.2 million and $63.4 million, respectively.
The Park National Bank Results
Park's community-banking subsidiary in Ohio, The Park National Bank (PNB), reported net income of $87.1 million for the year ended December 31, 2012, compared to net income of $106.9 million ($91.5 million, excluding security gains) for the same period in 2011. PNB had total assets of $6.5 billion at December 31, 2012, compared to $6.3 billion at December 31, 2011. PNB's performance generated a return on average assets of 1.33 percent and 1.66 percent (1.42 percent, excluding security gains) in the years ended December 31, 2012 and 2011, respectively.
PNB experienced loan growth of $196.7 million (or 4.7 percent) during 2012, ending the year with total loans of $4.4 billion. PNB also reported deposit growth of $202.5 million (or 4.4 percent) in 2012, ending the year with total deposits of $4.8 billion.

Park National Corporation
50 N. Third Street, Newark, Ohio 43055
www.parknationalcorp.com



“A key part of our strategy is to consistently make loans available to individuals and businesses,” said Park President David L. Trautman. “Our local lenders' commitment to service excellence led to loan growth in 2012 in nearly all categories, including home loans, business and commercial loans.”
Headquartered in Newark, Ohio, Park National Corporation has $6.64 billion in total assets (as of December 31, 2012). Park consists of 11 community bank divisions, a non-bank subsidiary and two specialty finance companies. Park's Ohio-based banking operations are conducted through Park subsidiary The Park National Bank and its divisions, which include Fairfield National Bank Division, Richland Bank Division, Century National Bank Division, First-Knox National Bank Division, Farmers & Savings Bank Division, United Bank Division, Second National Bank Division, Security National Bank Division, Unity National Bank Division, The Park National Bank of Southwest Ohio & Northern Kentucky Division; and Scope Leasing, Inc. (d.b.a. Scope Aircraft Finance). Park also includes Guardian Financial Services Company (d.b.a. Guardian Finance Company) and SE Property Holdings, LLC.

Complete financial tables are listed below…

Media contact: Bethany Lewis, 740.349.0421, blewis@parknationalbank.com
Investor contact: Brady Burt, 740-322-6844, bburt@parknationalbank.com

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

Park cautions that any forward-looking statements contained in this news release or made by management of Park are provided to assist in the understanding of anticipated future financial performance. Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance. The forward-looking statements are based on management's expectations and are subject to a number of risks and uncertainties. Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements. Risks and uncertainties that could cause actual results to differ materially include, without limitation: deterioration in the asset value of Park's loan portfolio may be worse than expected due to a number of factors, such as adverse changes in economic conditions that impair the ability of borrowers to repay their loans, the underlying value of the collateral could prove less valuable than assumed and cash flows may be worse than expected; Park's ability to sell OREO properties at prices as favorable as anticipated; Park's ability to execute its business plan successfully and within the expected timeframe; general economic and financial market conditions, and weakening in the economy, specifically the real estate market and the credit market, either nationally or in the states in which Park and its subsidiaries do business, may be worse than expected which could decrease the demand for loan, deposit and other financial services and increase loan delinquencies and defaults; changes in interest rates and prices may adversely impact the value of securities, loans, deposits and other financial instruments and the interest rate sensitivity of our consolidated balance sheet; changes in consumer spending, borrowing and saving habits; changes in unemployment; asset/liability repricing risks and liquidity risks; our liquidity requirements could be adversely affected by changes in our assets and liabilities; competitive factors among financial service organizations increase significantly, including product and pricing pressures and our ability to attract, develop and retain qualified bank professionals; the nature, timing and effect of changes in banking regulations or other regulatory or legislative requirements affecting the respective businesses of Park and its subsidiaries, including changes in laws and regulations concerning taxes, accounting, banking, securities and other aspects of the financial services industry, specifically the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Dodd-Frank Act”), as well as future regulations which will be adopted by the relevant regulatory agencies, including the Consumer Financial Protection Bureau, to implement the Dodd-Frank Act's provisions; the effect of changes in accounting policies and practices, as may be adopted by the Financial Accounting Standards Board, the SEC, the Public Company Accounting Oversight Board and other regulatory agencies, and the accuracy of our assumptions and estimates used to prepare our financial statements; the effect of fiscal and governmental policies of the United States federal government; adequacy of our risk management program; a failure in or breach of our operational or security systems or infrastructure, or those of our third-party vendors and other service providers, including as a result of cyber attacks; demand for loans in the respective market areas served by Park and its subsidiaries; and other risk factors relating to the banking industry as detailed from time to time in Park's reports filed with the Securities and Exchange Commission including those described in "Item 1A. Risk Factors" of Part I of Park's Annual Report on Form 10-K for the fiscal year ended December 31, 2011 and in "Item 1A. Risk Factors" of Part II of Park's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2012. Undue reliance should not be placed on the forward-looking statements, which speak only as of the date hereof. Park does not undertake, and specifically disclaims any obligation, to publicly release the result of any revisions that may be made to update any forward-looking statement to reflect the events or circumstances after the date on which the forward-looking statement is made, or reflect the occurrence of unanticipated events, except to the extent required by law.




Park National Corporation
50 N. Third Street, Newark, Ohio 43055
www.parknationalcorp.com





PARK NATIONAL CORPORATION
Financial Highlights
Three months ended December 31, 2012, September 30, 2012, and December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
2012
2012
2011
 
Percent change vs.
(in thousands, except share and per share data)
4th QTR
3rd QTR
4th QTR
 
3Q '12
4Q '11
INCOME STATEMENT:
 
 
 
 
 
 
Net interest income
$
56,891

$
58,016

$
66,279

 
(1.9
)%
(14.2
)%
Provision for loan losses
5,188

16,655

20,218

 
(68.9
)%
(74.3
)%
Other income
17,196

18,079

17,886

 
(4.9
)%
(3.9
)%
Gain on sale of securities
—

—

3,367

 
N.M.

N.M.

Total other expense
48,011

45,683

49,365

 
5.1
 %
(2.7
)%
Income before income taxes
$
20,888

$
13,757

$
17,949

 
51.8
 %
16.4
 %
Income taxes
4,601

1,775

7,339

 
159.2
 %
(37.3
)%
Net income
$
16,287

$
11,982

$
10,610

 
35.9
 %
53.5
 %
Preferred stock dividends and accretion
—

—

1,464

 
N.M.

(100.0
)%
Net income available to common shareholders
$
16,287

$
11,982

$
9,146

 
35.9
 %
78.1
 %
 
 
 
 
 
 
 
MARKET DATA:
 
 
 
 
 
 
Earnings per common share - basic (b)
$
1.06

$
0.78

$
0.59

 
35.9
 %
79.7
 %
Earnings per common share - diluted (b)
1.06

0.78

0.59

 
35.9
 %
79.7
 %
Cash dividends per common share
0.94

0.94

0.94

 
—
 %
—
 %
Common book value per common share at period end
42.20

42.78

41.82

 
(1.4
)%
0.9
 %
Stock price per common share at period end
64.63

70.02

65.06

 
(7.7
)%
(0.7
)%
Market capitalization at period end
996,077

1,078,720

1,002,309

 
(7.7
)%
(0.6
)%
 
 
 
 
 
 
 
Weighted average common shares - basic (a)
15,410,606

15,405,894

15,403,861

 
—
 %
—
 %
Weighted average common shares - diluted (a)
15,410,606

15,405,894

15,403,861

 
—
 %
—
 %
Common shares outstanding at period end
15,411,998

15,405,887

15,405,912

 
—
 %
—
 %
 
 
 
 
 
 
 
PERFORMANCE RATIOS: (annualized)
 
 
 
 
 
 
Return on average assets (a)(b)
0.97
%
0.70
%
0.51
%
 
38.6
 %
90.2
 %
Return on average common equity (a)(b)
9.81
%
7.19
%
5.53
%
 
36.4
 %
77.4
 %
Yield on loans
5.23
%
5.31
%
5.59
%
 
(1.5
)%
(6.4
)%
Yield on investments
2.88
%
3.04
%
3.53
%
 
(5.3
)%
(18.4
)%
Yield on money markets
0.24
%
0.25
%
0.25
%
 
(4.0
)%
(4.0
)%
Yield on earning assets
4.49
%
4.56
%
4.93
%
 
(1.5
)%
(8.9
)%
Cost of interest bearing deposits
0.42
%
0.46
%
0.60
%
 
(8.7
)%
(30.0
)%
Cost of borrowings
2.66
%
2.79
%
2.68
%
 
(4.7
)%
(0.7
)%
Cost of paying liabilities
0.97
%
1.00
%
1.07
%
 
(3.0
)%
(9.3
)%
Net interest margin
3.72
%
3.75
%
4.08
%
 
(0.8
)%
(8.8
)%
Efficiency ratio (g)
64.47
%
59.71
%
58.34
%
 
8.0
 %
10.5
 %
 
 
 
 
 
 
 
OTHER RATIOS (NON GAAP):
 
 
 
 
 
 
Annualized return on average tangible assets (a)(b)(e)
0.98
%
0.71
%
0.52
%
 
38.0
 %
88.5
 %
Annualized return on average tangible common equity (a)(b)(c)
11.03
%
8.07
%
6.26
%
 
36.7
 %
76.2
 %
Tangible common book value per common share (d) 
$
37.48

$
38.06

$
36.96

 
(1.5
)%
1.4
 %
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Park National Corporation
50 N. Third Street, Newark, Ohio 43055
www.parknationalcorp.com



PARK NATIONAL CORPORATION
Financial Highlights
Three months ended December 31, 2012, September 30, 2012, and December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Percent change vs.
BALANCE SHEET:
December 31, 2012
September 30, 2012
December 31, 2011
 
3Q '12
4Q '11
 
 
 
 
 
 
 
Investment securities
$
1,581,751

$
1,653,381

$
1,708,473

 
(4.3
)%
(7.4
)%
Loans
4,450,322

4,400,510

4,317,099

 
1.1
 %
3.1
 %
Allowance for loan losses
55,537

55,565

68,444

 
(0.1
)%
(18.9
)%
Goodwill and other intangibles
72,671

72,810

74,843

 
(0.2
)%
(2.9
)%
Other real estate owned
35,718

35,633

42,272

 
0.2
 %
(15.5
)%
Total assets
6,642,803

6,752,938

6,972,245

 
(1.6
)%
(4.7
)%
Total deposits
4,716,032

4,793,077

4,465,114

 
(1.6
)%
5.6
 %
Borrowings
1,206,076

1,187,431

1,162,026

 
1.6
 %
3.8
 %
Stockholders' equity
650,366

659,127

742,364

 
(1.3
)%
(12.4
)%
Common equity
650,366

659,127

644,218

 
(1.3
)%
1.0
 %
Tangible common equity (d)
577,695

586,317

569,375

 
(1.5
)%
1.5
 %
Nonperforming loans
185,336

191,432

223,713

 
(3.2
)%
(17.2
)%
Nonperforming assets
221,054

227,065

265,985

 
(2.6
)%
(16.9
)%
Past due 90 day loans and still accruing
2,970

2,076

3,489

 
43.1
 %
(14.9
)%
 
 
 
 
 
 
 
ASSET QUALITY RATIOS:
 
 
 
 
 
 
Loans as a % of period end assets
66.99
%
65.16
%
61.92
%
 
2.8
 %
8.2
 %
Nonperforming loans as a % of period end loans
4.16
%
4.35
%
5.18
%
 
(4.4
)%
(19.7
)%
Past due 90 day loans as a % of period end loans
0.07
%
0.05
%
0.08
%
 
40.0
 %
(12.5
)%
Nonperforming assets / Period end loans + OREO 
4.93
%
5.12
%
6.10
%
 
(3.7
)%
(19.2
)%
Allowance for loan losses as a % of period end loans
1.25
%
1.26
%
1.59
%
 
(0.8
)%
(21.4
)%
Net loan charge-offs
$
5,216

$
19,786

$
45,764

 
(73.6
)%
(88.6
)%
Annualized net loan charge-offs as a % of average loans (a)
0.47
%
1.79
%
3.88
%
 
(73.7
)%
(87.9
)%
 
 
 
 
 
 
 
CAPITAL & LIQUIDITY:
 
 
 
 
 
 
Total equity / Period end assets
9.79
%
9.76
%
10.65
%
 
0.3
 %
(8.1
)%
Common equity / Period end assets
9.79
%
9.76
%
9.24
%
 
0.3
 %
6.0
 %
Tangible common equity (d) / Tangible assets (f)
8.79
%
8.78
%
8.25
%
 
0.1
 %
6.5
 %
Average stockholders' equity / Average assets (a)
9.87
%
9.80
%
10.63
%
 
0.7
 %
(7.1
)%
Average stockholders' equity / Average loans (a)
14.97
%
15.10
%
16.13
%
 
(0.9
)%
(7.2
)%
Average loans / Average deposits (a)
92.78
%
90.46
%
91.96
%
 
2.6
 %
0.9
 %
 
 
 
 
 
 
 
N.M. - Not meaningful


Park National Corporation
50 N. Third Street, Newark, Ohio 43055
www.parknationalcorp.com


PARK NATIONAL CORPORATION
 
 
 
 
 
 
 
Financial Highlights
 
 
 
 
 
 
 
Years ended December 31, 2012 and 2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands, except share and per share data)
 
2012
 
2011
 
 
Percent change vs. 2011
INCOME STATEMENT:
 
 
 
 
 
 
 
Net interest income
 
$
235,315

 
$
273,234

 
 
(13.9
)%
Provision for loan losses
 
35,419

 
63,272

 
 
(44.0
)%
Gain on sale of Vision Bank
 
22,167

 
—

 
 
N.M.

Other income
 
70,236

 
66,081

 
 
6.3
 %
Gain on sale of securities
 
—

 
28,829

 
 
N.M.

Total other expense
 
187,968

 
188,317

 
 
(0.2
)%
Income before income taxes
 
$
104,331

 
$
116,555

 
 
(10.5
)%
Income taxes
 
25,701

 
34,415

 
 
(25.3
)%
Net income
 
$
78,630

 
$
82,140

 
 
(4.3
)%
Preferred stock dividends and accretion
 
3,425

 
5,856

 
 
(41.5
)%
Net income available to common shareholders
 
$
75,205

 
$
76,284

 
 
(1.4
)%
 
 
 
 
 
 
 
 
MARKET DATA:
 
 
 
 
 
 
 
Earnings per common share - basic (b)
 
$
4.88

 
$
4.95

 
 
(1.4
)%
Earnings per common share - diluted (b)
 
4.88

 
4.95

 
 
(1.4
)%
Cash dividends per common share
 
3.76

 
3.76

 
 
—
 %
 
 
 
 
 
 
 
 
Weighted average common shares - basic (a)
 
15,407,078

 
15,400,155

 
 
—
 %
Weighted average common shares - diluted (a)
 
15,408,141

 
15,401,446

 
 
—
 %
 
 
 
 
 
 
 
 
PERFORMANCE RATIOS: (Annualized)
 
 
 
 
 
 
 
Return on average assets (a)(b)
 
1.11
%
 
1.06
%
 
 
4.7
 %
Return on average common equity (a)(b)
 
11.41
%
 
11.81
%
 
 
(3.4
)%
Yield on loans
 
5.35
%
 
5.61
%
 
 
(4.6
)%
Yield on investments
 
3.15
%
 
3.76
%
 
 
(16.2
)%
Yield on earning assets
 
4.64
%
 
5.03
%
 
 
(7.8
)%
Cost of interest bearing deposits
 
0.49
%
 
0.66
%
 
 
(25.8
)%
Cost of borrowings
 
2.74
%
 
2.63
%
 
 
4.2
 %
Cost of paying liabilities
 
1.02
%
 
1.09
%
 
 
(6.4
)%
Net interest margin (g)
 
3.83
%
 
4.14
%
 
 
(7.5
)%
Efficiency ratio (g)
 
57.07
%
 
55.18
%
 
 
3.4
 %
 
 
 
 
 
 
 
 
ASSET QUALITY RATIOS:
 
 
 
 
 
 
 
Net loan charge-offs
 
$
48,326

 
$
125,084

 
 
(61.4
)%
Annualized net loan charge-offs as a % of average loans (a)
 
1.10
%
 
2.65
%
 
 
(58.5
)%
 
 
 
 
 
 
 
 
CAPITAL & LIQUIDITY:
 
 
 
 
 
 
 
Average stockholders' equity / Average assets (a)
 
10.19
%
 
10.32
%
 
 
(1.3
)%
Average stockholders' equity / Average loans (a)
 
15.64
%
 
15.78
%
 
 
(0.9
)%
Average loans / Average deposits (a)
 
91.22
%
 
90.78
%
 
 
0.5
 %
 
 
 
 
 
 
 
 
OTHER RATIOS (NON GAAP):
 
 
 
 
 
 
 
Annualized return on average tangible assets (a)(b)(e)
 
1.12
%
 
1.07
%
 
 
4.7
 %
Annualized return on average tangible common equity (a)(b)(c)
 
12.84
%
 
13.40
%
 
 
(4.2
)%
 
 
 
 
 
 
 
 




Park National Corporation
50 N. Third Street, Newark, Ohio 43055
www.parknationalcorp.com



PARK NATIONAL CORPORATION
Financial Highlights (continued)
 
 
 
 
 
 
 
 
 
 
 
 
 
(a) Averages are for the quarters ended December 31, 2012, September 30, 2012 and December 31, 2011, and the fiscal years ended December 31, 2012 and December 31, 2011, as appropriate.
 
 
 
(b) Reported measure uses net income available to common shareholders.
 
 
 
(c) Net income available to common shareholders for each period divided by average tangible common equity during the period. Average tangible common equity equals average stockholders' equity during the applicable period less (i) average preferred stock during the applicable period and (ii) average goodwill and other intangibles during the applicable period.
 
 
 
 
 
 
 
RECONCILIATION OF AVERAGE STOCKHOLDERS' EQUITY TO AVERAGE TANGIBLE COMMON EQUITY:
 
THREE MONTHS ENDED
 
TWELVE MONTHS ENDED
 
December 31, 2012
September 30, 2012
December 31, 2011
 
December 31, 2012
December 31, 2011
AVERAGE STOCKHOLDERS' EQUITY
$
660,416

$
663,314

$
754,168

 
$
689,732

$
743,865

Less: Average preferred stock
—

—

98,023

 
30,877

97,704

Less: Average goodwill and other intangibles
72,748

72,888

76,041

 
73,069

77,055

AVERAGE TANGIBLE COMMON EQUITY
$
587,668

$
590,426

$
580,104

 
$
585,786

$
569,106

 
 
 
 
 
 
 
(d) Tangible common equity at the end of each period divided by common shares outstanding at the end of each period. Tangible common equity equals ending stockholders' equity less preferred stock and goodwill and other intangibles, in each case at the end of the period.
 
 
 
 
 
 
 
RECONCILIATION OF STOCKHOLDERS' EQUITY TO TANGIBLE COMMON EQUITY:
 
 
 
 
December 31, 2012
September 30, 2012
December 31, 2011
 
 
 
STOCKHOLDERS' EQUITY
$
650,366

$
659,127

$
742,364

 
 
 
Less: Preferred stock
—

—

98,146

 
 
 
Less: Goodwill and other intangibles
72,671

72,810

74,843

 
 
 
TANGIBLE COMMON EQUITY
$
577,695

$
586,317

$
569,375

 
 
 
 
 
 
 
 
 
 
(e) Net income available to common shareholders for each period divided by average tangible assets during the period. Average tangible assets equals average assets less average goodwill and other intangibles, in each case during the applicable period.
 
 
 
 
 
 
 
RECONCILIATION OF AVERAGE ASSETS TO AVERAGE TANGIBLE ASSETS:
 
 
 
 
THREE MONTHS ENDED
 
TWELVE MONTHS ENDED
 
December 31, 2012
September 30, 2012
December 31, 2011
 
December 31, 2012
December 31, 2011
AVERAGE ASSETS
$
6,689,321

$
6,769,735

$
7,092,437

 
$
6,766,806

$
7,206,163

Less: Average goodwill and other intangibles
72,748

72,888

76,041

 
73,069

77,055

AVERAGE TANGIBLE ASSETS
$
6,616,573

$
6,696,847

$
7,016,396

 
$
6,693,737

$
7,129,108

 
 
 
 
 
 
 
(f) Tangible common equity divided by tangible assets. Tangible assets equals total assets less goodwill and other intangibles.
 
 
 
 
 
 
 
 
 
 
RECONCILIATION OF TOTAL ASSETS TO TANGIBLE ASSETS:
 
 
 
 
December 31, 2012
September 30, 2012
December 31, 2011
 
 
 
TOTAL ASSETS
$
6,642,803

$
6,752,938

$
6,972,245

 
 
 
Less: Goodwill and other intangibles
72,671

72,810

74,843

 
 
 
TANGIBLE ASSETS
$
6,570,132

$
6,680,128

$
6,897,402

 
 
 
 
 
 
 
 
 
 
(g) Efficiency ratio is calculated by taking total other expense divided by the sum of fully taxable equivalent net interest income and other income. Fully taxable equivalent net interest income reconciliation is shown below assuming a 35% tax rate. Additionally, net interest margin is calculated on a fully taxable equivalent basis.
 
 
 
 
 
 
 
RECONCILIATION OF FULLY TAXABLE EQUIVALENT NET INTEREST INCOME TO NET INTEREST INCOME
 
THREE MONTHS ENDED
 
TWELVE MONTHS ENDED
 
December 31, 2012
September 30, 2012
December 31, 2011
 
December 31, 2012
December 31, 2011
Interest income
$
68,793

$
70,618

$
80,231

 
$
285,735

$
331,880

Fully taxable equivalent adjustment
382

408

456

 
1,623

1,938

Fully taxable equivalent interest income
$
69,175

$
71,026

$
80,687

 
$
287,358

$
333,818

Interest expense
11,902

12,602

13,952

 
50,420

58,646

Fully taxable equivalent net interest income
$
57,273

$
58,424

$
66,735

 
$
236,938

$
275,172




Park National Corporation
50 N. Third Street, Newark, Ohio 43055
www.parknationalcorp.com



 
 
 
 
 
 
 
 
 
PARK NATIONAL CORPORATION
Consolidated Statements of Income
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
 
Twelve Months Ended
 
 
December 31,
 
December 31,
(in thousands, except share and per share data)
 
2012
 
2011
 
2012
 
2011
 
 
 
 
 
 
 
 
 
Interest income:
 
 
 
 
 
 
 
 
   Interest and fees on loans
 
$
57,671

 
$
65,497

 
$
234,638

 
$
262,458

   Interest on:
 
 
 
 
 
 
 
 
      Obligations of U.S. Government, its agencies
 
 
 
 
 
 
 
 
         and other securities
 
10,984

 
14,571

 
50,549

 
68,873

      Obligations of states and political subdivisions
 
19

 
61

 
140

 
371

   Other interest income
 
119

 
102

 
408

 
178

         Total interest income
 
68,793

 
80,231

 
285,735

 
331,880

 
 
 
 
 
 
 
 
 
Interest expense:
 
 
 
 
 
 
 
 
   Interest on deposits:
 
 
 
 
 
 
 
 
      Demand and savings deposits
 
491

 
894

 
2,483

 
3,812

      Time deposits
 
3,404

 
5,247

 
15,921

 
23,842

   Interest on borrowings
 
8,007

 
7,811

 
32,016

 
30,992

      Total interest expense
 
11,902

 
13,952

 
50,420

 
58,646

 
 
 
 
 
 
 
 
 
         Net interest income
 
56,891

 
66,279

 
235,315

 
273,234

 
 
 
 
 
 
 
 
 
Provision for loan losses
 
5,188

 
20,218

 
35,419

 
63,272

 
 
 
 
 
 
 
 
 
         Net interest income after provision for loan losses
 
51,703

 
46,061

 
199,896

 
209,962

 
 
 
 
 
 
 
 
 
Gain on sale of Vision Bank
 
—

 
—

 
22,167

 
—

Other income
 
17,196

 
17,886

 
70,236

 
66,081

 
 
 
 
 
 
 
 
 
Gain on sale of securities
 
—

 
3,367

 
—

 
28,829

 
 
 
 
 
 
 
 
 
Total other expense
 
48,011

 
49,365

 
187,968

 
188,317

 
 
 
 
 
 
 
 
 
         Income before income taxes
 
20,888

 
17,949

 
104,331

 
116,555

 
 
 
 
 
 
 
 
 
Income taxes
 
4,601

 
7,339

 
25,701

 
34,415

 
 
 
 
 
 
 
 
 
         Net income
 
$
16,287

 
$
10,610

 
$
78,630

 
$
82,140

 
 
 
 
 
 
 
 
 
Preferred stock dividends and accretion
 
—

 
1,464

 
3,425

 
5,856

 
 
 
 
 
 
 
 
 
         Net income available to common shareholders
 
$
16,287

 
$
9,146

 
$
75,205

 
$
76,284

 
 
 
 
 
 
 
 
 
Per Common Share:
 
 
 
 
 
 
 
 
         Net income - basic
 
$
1.06

 
$
0.59

 
$
4.88

 
$
4.95

         Net income - diluted
 
$
1.06

 
$
0.59

 
$
4.88

 
$
4.95

 
 
 
 
 
 
 
 
 
         Weighted average shares - basic
 
15,410,606

 
15,403,861

 
15,407,078

 
15,400,155

         Weighted average shares - diluted
 
15,410,606

 
15,403,861

 
15,408,141

 
15,401,446

 
 
 
 
 
 
 
 
 
        Cash Dividends Declared
 
$
0.94

 
$
0.94

 
$
3.76

 
$
3.76

 
 
 
 
 
 
 
 
 


Park National Corporation
50 N. Third Street, Newark, Ohio 43055
www.parknationalcorp.com






 
PARK NATIONAL CORPORATION 
Consolidated Balance Sheets
 
 
 
(in thousands, except share data)
December 31, 2012
December 31, 2011
 
 
 
Assets
 
 
 
 
 
Cash and due from banks
$
164,120

$
137,770

Money market instruments
37,185

19,716

Investment securities
1,581,751

1,708,473

Loans
4,450,322

4,317,099

Allowance for loan losses
55,537

68,444

Loans, net
4,394,785

4,248,655

Bank premises and equipment, net
53,751

53,741

Goodwill and other intangibles
72,671

74,843

Other real estate owned
35,718

42,272

Other assets
302,822

304,313

Assets held for sale
—

382,462

Total assets
$
6,642,803

$
6,972,245

 
 
 
Liabilities and Stockholders' Equity
 
 
 
 
 
Deposits:
 
 
Noninterest bearing
$
1,137,290

$
995,733

Interest bearing
3,578,742

3,469,381

Total deposits
4,716,032

4,465,114

Borrowings
1,206,076

1,162,026

Other liabilities
70,329

66,555

Liabilities held for sale
—

536,186

Total liabilities
$
5,992,437

$
6,229,881

 
 
 
 
 
 
Stockholders' Equity:
 
 
Preferred Stock (200,000 shares authorized in 2012 and 2011;
No shares issued at December 31, 2012 and 100,000 shares issued at December 31, 2011)
$
—

$
98,146

Common stock (No par value; 20,000,000 shares authorized
in 2012 and 2011; 16,150,987 shares issued at December 31, 2012
and 16,151,021 shares issued at December 31, 2011)
302,654

301,202

Common stock warrants
—

4,297

Accumulated other comprehensive loss, net of taxes
(17,518
)
(8,831
)
Retained earnings
441,605

424,557

Treasury stock (738,989 shares at December 31, 2012 and 745,109 at December 31, 2011)
(76,375
)
(77,007
)
Total stockholders' equity
$
650,366

$
742,364

 
 
 
Total liabilities and stockholders' equity
$
6,642,803

$
6,972,245





Park National Corporation
50 N. Third Street, Newark, Ohio 43055
www.parknationalcorp.com


 
 
 
 
PARK NATIONAL CORPORATION 
 
 
 
Consolidated Average Balance Sheets
 
 
 
 
 
 
 
 
 
 
Three Months Ended
 
Twelve Months Ended
 
December 31,
 
December 31,
(in thousands)
2012
2011
 
2012
2011
 
 
 
 
 
 
Assets
 
 
 
 
 
 
 
 
 
 
 
Cash and due from banks
$
110,926

$
126,235

 
$
119,410

$
124,649

Money market instruments
194,582

163,804

 
166,319

78,593

Investment securities 
1,540,650

1,668,826

 
1,633,268

1,868,343

Loans
4,412,508

4,676,229

 
4,410,661

4,713,511

Allowance for loan losses
57,436

98,930

 
61,995

128,523

Loans, net
4,355,072

4,577,299

 
4,348,666

4,584,988

Bank premises and equipment, net
54,300

69,054

 
54,917

69,507

Goodwill and other intangibles
72,748

76,041

 
73,069

77,055

Other real estate owned
35,848

43,226

 
38,777

44,815

Other assets
325,195

367,952

 
332,380

358,213

 
 
 
 
 
 
Total assets
$
6,689,321

$
7,092,437

 
$
6,766,806

$
7,206,163

 
 
 
 
 
 
 
 
 
 
 
 
Liabilities and Stockholders' Equity
 
 
 
 
 
 
 
 
 
 
 
Deposits:
 
 
 
 
 
Noninterest bearing
$
1,090,475

$
1,047,491

 
$
1,048,796

$
999,085

Interest bearing
3,665,181

4,037,485

 
3,786,601

4,193,404

Total deposits
4,755,656

5,084,976

 
4,835,397

5,192,489

Borrowings
1,197,532

1,155,566

 
1,166,365

1,179,458

Other liabilities
75,717

97,727

 
75,312

90,351

Total liabilities
$
6,028,905

$
6,338,269

 
$
6,077,074

$
6,462,298

 
 
 
 
 
 
Stockholders' Equity:
 
 
 
 
 
Preferred stock
$
—

$
98,023

 
$
30,877

$
97,704

Common stock 
302,654

301,203

 
302,159

301,203

Common stock warrants
—

4,382

 
1,444

4,429

Accumulated other comprehensive loss, net of taxes
(8,035
)
(3,127
)
 
(7,915
)
(4,201
)
Retained earnings
442,378

430,907

 
440,067

422,333

Treasury stock 
(76,581
)
(77,220
)
 
(76,900
)
(77,603
)
Total stockholders' equity
$
660,416

$
754,168

 
$
689,732

$
743,865

 
 
 
 
 
 
Total liabilities and stockholders' equity
$
6,689,321

$
7,092,437

 
$
6,766,806

$
7,206,163






Park National Corporation
50 N. Third Street, Newark, Ohio 43055
www.parknationalcorp.com


 
PARK NATIONAL CORPORATION 
Consolidated Statements of Income - Linked Quarters
 
 
 
 
 
 
 
2012
2012
2012
2012
2011
(in thousands, except per share data)
4th QTR
3rd QTR
2nd QTR
1st QTR
4th QTR
 
 
 
 
 
 
Interest income:
 
 
 
 
 
Interest and fees on loans 
$
57,671

$
58,269

$
57,593

$
61,105

$
65,497

Interest on:
 
 
 
 

 
Obligations of U.S. Government, its agencies and other securities
10,984

12,187

13,794

13,584

14,571

Obligations of states and political subdivisions
19

33

42

46

61

Other interest income
119

129

57

103

102

Total interest income
68,793

70,618

71,486

74,838

80,231

 
 
 
 
 
 
Interest expense:
 
 
 
 
 
Interest on deposits:
 
 
 
 
 
Demand and savings deposits
491

636

602

754

894

Time deposits
3,404

3,757

4,121

4,639

5,247

Interest on borrowings
8,007

8,209

8,083

7,717

7,811

Total interest expense
11,902

12,602

12,806

13,110

13,952

 
 
 
 
 
 
Net interest income
56,891

58,016

58,680

61,728

66,279

 
 
 
 
 
 
Provision for loan losses
5,188

16,655

5,238

8,338

20,218

 
 
 
 
 
 
Net interest income after provision for loan losses
51,703

41,361

53,442

53,390

46,061

 
 
 
 
 
 
Gain on sale of Vision business
—

—

—

22,167

—

Other income
17,196

18,079

17,508

17,453

17,886

 
 
 
 
 
 
Gain on sale of securities
—

—

—

—

3,367

 
 
 
 
 
 
Total other expense
48,011

45,683

45,804

48,470

49,365

 
 
 
 
 
 
Income before income taxes
20,888

13,757

25,146

44,540

17,949

 
 
 
 
 
 
Income taxes
4,601

1,775

6,260

13,065

7,339

 
 
 
 
 
 
Net income 
$
16,287

$
11,982

$
18,886

$
31,475

$
10,610

 
 
 
 
 
 
Preferred stock dividends and accretion
—

—

1,948

1,477

1,464

 
 
 
 
 
 
Net income available to common shareholders
$
16,287

$
11,982

$
16,938

$
29,998

$
9,146

 
 
 
 
 
 
Per Common Share:
 
 
 
 
 
Net income - basic
$
1.06

$
0.78

$
1.10

$
1.95

$
0.59

Net income - diluted
$
1.06

$
0.78

$
1.10

$
1.95

$
0.59







Park National Corporation
50 N. Third Street, Newark, Ohio 43055
www.parknationalcorp.com


 
PARK NATIONAL CORPORATION 
Detail of other income and other expense - Linked Quarters
 
 
 
 
 
 
 
2012
2012
2012
2012
2011
(in thousands)
4th QTR
3rd QTR
2nd QTR
1st QTR
4th QTR
 
 
 
 
 
 
Other income:
 
 
 
 
 
Income from fiduciary activities
$
4,056

$
4,019

$
4,044

$
3,828

$
3,699

Service charges on deposits
4,235

4,244

4,154

4,071

4,643

Other service income
3,463

4,017

3,417

2,734

2,484

Checkcard fee income
3,151

3,038

3,180

3,172

3,115

Bank owned life insurance income
1,184

1,184

1,184

1,202

1,403

ATM fees
650

565

536

608

641

OREO devaluations
(2,440
)
(425
)
(2,648
)
(1,359
)
(1,742
)
Gain/(loss) on the sale of OREO, net
1,028

138

2,203

1,045

619

Gain on sale of Vision Bank
—

—

—

22,167

—

Other
1,869

1,299

1,438

2,152

3,024

Total other income
$
17,196

$
18,079

$
17,508

$
39,620

$
17,886

 
 
 
 
 
 
Other expense:
 
 
 
 
 
Salaries and employee benefits
$
24,086

$
24,255

$
22,813

$
24,823

$
25,952

Net occupancy expense
2,222

2,303

2,249

2,670

2,866

Furniture and equipment expense
2,774

2,666

2,727

2,621

2,643

Data processing fees
913

904

899

1,200

1,393

Professional fees and services
6,846

6,040

5,800

5,581

5,920

Amortization of intangibles
139

139

139

1,754

1,528

Marketing
1,002

924

705

843

852

Insurance
1,482

1,408

1,400

1,490

1,526

Communication
1,482

1,470

1,494

1,537

1,544

Loan put provision
—

346

2,701

662

—

Other
7,065

5,228

4,877

5,289

5,141

Total other expense
$
48,011

$
45,683

$
45,804

$
48,470

$
49,365






Park National Corporation
50 N. Third Street, Newark, Ohio 43055
www.parknationalcorp.com



PARK NATIONAL CORPORATION 
 
Asset Quality Information
 
 
 
 
 
 
 
 
 
Year ended December 31,
(in thousands, except ratios)
2012
 
2011
2010
2009
2008
 
 
 
 
 
 
 
Allowance for loan losses:
 
 
 
 
 
 
Allowance for loan losses, beginning of period
$
68,444

 
$
143,575

$
116,717

$
100,088

$
87,102

Transfer of loans at fair value
—

 
(219
)
—

—

—

Transfer of allowance to held for sale
—

 
(13,100
)
—

—

—

Charge-offs
61,268

(A)
133,882

66,314

59,022

62,916

Recoveries
12,942

 
8,798

6,092

6,830

5,415

Net charge-offs
48,326

 
125,084

60,222

52,192

57,501

Provision for loan losses
35,419

 
63,272

87,080

68,821

70,487

Allowance for loan losses, end of period
$
55,537

 
$
68,444

$
143,575

$
116,717

$
100,088

(A) Includes the full charge-off of the Vision Bank ALLL of $12.1 million to bring the retained Vision Bank loan portfolio to fair value prior to the merger of Vision Bank (as constituted following the transaction with Centennial Bank and Home BancShares, Inc.) with and into SEPH, the non-bank subsidiary of Park, on February 16, 2012.
 
 
 
 
 
 
 
General reserve trends:
 
 
 
 
 
 
Allowance for loan losses, end of period
$
55,537

 
$
68,444

$
143,575

$
116,717

$
100,088

Specific reserves
8,276

 
15,935

66,904

36,721

8,875

General reserves
$
47,261

 
$
52,509

$
76,671

$
79,996

$
91,213

 
 
 
 
 
 
 
Total loans
$
4,450,322

 
$
4,317,099

$
4,732,685

$
4,640,432

$
4,491,337

Impaired commercial loans
137,238

 
187,074

250,933

201,143

141,343

Non-impaired loans
$
4,313,084

 
$
4,130,025

$
4,481,752

$
4,439,289

$
4,349,994

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset Quality Ratios:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net charge-offs as a % of average loans
1.10
%
 
2.65
%
1.30
%
1.14
%
1.32
%
Allowance for loan losses as a % of period end loans
1.25
%
 
1.59
%
3.03
%
2.52
%
2.23
%
General reserves as a % of non-impaired loans
1.10
%
 
1.27
%
1.71
%
1.80
%
2.10
%
 
 
 
 
 
 
 
Nonperforming Assets - Park National Corporation:
 
 
 
 
 
 
Nonaccrual loans
$
155,536

 
$
195,106

$
289,268

$
233,544

$
159,512

Accruing troubled debt restructuring
29,800

 
28,607

 -- 

142

2,845

Loans past due 90 days or more
2,970

 
3,489

3,590

14,773

5,421

Total nonperforming loans
$
188,306

 
$
227,202

$
292,858

$
248,459

$
167,778

Other real estate owned - Park National Bank
14,715

 
13,240

8,385

6,037

6,149

Other real estate owned - SEPH
21,003

 
29,032

 -- 

 -- 

 -- 

Other real estate owned - Vision Bank
 -- 

 
 -- 

33,324

35,203

19,699

Total nonperforming assets
$
224,024

 
$
269,474

$
334,567

$
289,699

$
193,626

Percentage of nonaccrual loans to period end loans
3.49
%
 
4.52
%
6.11
%
5.03
%
3.55
%
Percentage of nonperforming loans to period end loans
4.23
%
 
5.26
%
6.19
%
5.35
%
3.74
%
Percentage of nonperforming assets to period end loans
5.03
%
 
6.24
%
7.07
%
6.24
%
4.31
%
Percentage of nonperforming assets to period end assets
3.37
%
 
3.86
%
4.59
%
4.11
%
2.74
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Park National Corporation
50 N. Third Street, Newark, Ohio 43055
www.parknationalcorp.com


PARK NATIONAL CORPORATION 
Asset Quality Information (continued)
 
 
 
 
 
 
 
 
Year ended December 31,
(in thousands, except ratios)
2012
 
2011
2010
2009
2008
 
 
 
 
 
 
 
Nonperforming Assets - Park National Bank and Guardian:
 
 
 
 
 
 
Nonaccrual loans
$
100,244

 
$
96,113

$
117,815

$
85,197

$
68,306

Accruing troubled debt restructuring
29,800

 
26,342

 -- 

142

 -- 

Loans past due 90 days or more
2,970

 
3,367

3,226

3,496

4,777

Total nonperforming loans
$
133,014

 
$
125,822

$
121,041

$
88,835

$
73,083

Other real estate owned - Park National Bank
14,715

 
13,240

8,385

6,037

6,149

Total nonperforming assets
$
147,729

 
$
139,062

$
129,426

$
94,872

$
79,232

Percentage of nonaccrual loans to period end loans
2.28
%
 
2.29
%
2.88
%
2.15
%
1.80
%
Percentage of nonperforming loans to period end loans
3.03
%
 
3.00
%
2.96
%
2.24
%
1.92
%
Percentage of nonperforming assets to period end loans
3.36
%
 
3.32
%
3.16
%
2.39
%
2.08
%
Percentage of nonperforming assets to period end assets
2.27
%
 
2.21
%
1.99
%
1.53
%
1.27
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nonperforming Assets - SEPH/Vision Bank (retained portfolio as of December 31, 2012, and 2011):
Nonaccrual loans
$
55,292

 
$
98,993

$
171,453

$
148,347

$
91,206

Accruing troubled debt restructuring
—

 
2,265

—

—

2,845

Loans past due 90 days or more
—

 
122

364

11,277

644

Total nonperforming loans
$
55,292

 
$
101,380

$
171,817

$
159,624

$
94,695

Other real estate owned - Vision Bank
—

 
—

33,324

35,203

19,699

Other real estate owned - SEPH
21,003

 
29,032

—

—

—

Total nonperforming assets
$
76,295

 
$
130,412

$
205,141

$
194,827

$
114,394

Percentage of nonaccrual loans to period end loans
N.M.

 
N.M.

26.77
%
21.91
%
13.21
%
Percentage of nonperforming loans to period end loans
N.M.

 
N.M.

26.82
%
23.58
%
13.71
%
Percentage of nonperforming assets to period end loans
N.M.

 
N.M.

32.02
%
28.78
%
16.57
%
Percentage of nonperforming assets to period end assets
N.M.

 
N.M.

25.90
%
21.70
%
12.47
%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
New nonaccrual loan information-Park National Corporation
 
 
 
 
 
 
Nonaccrual loans, beginning of period
$
195,106

 
$
289,268

$
233,544

$
159,512

$
101,128

New nonaccrual loans
83,204

 
124,158

175,175

184,181

141,749

Resolved nonaccrual loans
122,774

 
218,320

119,451

110,149

83,365

Nonaccrual loans, end of period
$
155,536

 
$
195,106

$
289,268

$
233,544

$
159,512

 
 
 
 
 
 
 
New nonaccrual loan information-Ohio based operations
 
 
 
 
 
 
Nonaccrual loans, beginning of period
$
96,113

 
$
117,815

$
85,197

$
68,306

$
38,113

New nonaccrual loans - Ohio-based operations
68,960

 
78,316

85,081

57,641

58,161

Resolved nonaccrual loans
64,829

 
100,018

52,463

40,750

27,968

Nonaccrual loans, end of period
$
100,244

 
$
96,113

$
117,815

$
85,197

$
68,306

 
 
 
 
 
 
 
New nonaccrual loan information-SEPH/Vision Bank (SEPH as of March 31, 2012)
Nonaccrual loans, beginning of period
$
98,993

 
$
171,453

$
148,347

$
91,206

$
63,015

New nonaccrual loans - SEPH/Vision Bank
14,243

 
45,842

90,094

126,540

83,588

Resolved nonaccrual loans
57,944

 
118,302

66,988

69,399

55,397

Nonaccrual loans, end of period
$
55,292

 
$
98,993

$
171,453

$
148,347

$
91,206

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired Commercial Loan Portfolio Information (period end):
 
 
 
 
 
 
Unpaid principal balance
$
242,345

 
$
290,908

$
304,534

$
245,092

$
171,310

Prior charge-offs
105,107

 
103,834

53,601

43,949

29,967

Remaining principal balance
137,238

 
187,074

250,933

201,143

141,343

Specific reserves
8,276

 
15,935

66,904

36,721

8,875

Book value, after specific reserve
$
128,962

 
$
171,139

$
184,029

$
164,422

$
132,468




Park National Corporation
50 N. Third Street, Newark, Ohio 43055
www.parknationalcorp.com
 GRAPHIC 3 prkearningsrelease.jpg begin 644 prkearningsrelease.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``(!`0(!`0("`@("`@("`P4#`P,# M`P8$!`,%!P8'!P<&!P<("0L)"`@*"`<'"@T*"@L,#`P,!PD.#PT,#@L,#`S_ MVP!#`0("`@,#`P8#`P8,"`<(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P, M#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`S_P``1"`$(!/L#`2(``A$!`Q$!_\0` M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4% M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D* M%A<8&1HE)B7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$! M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$" M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#ZDHHHK_*\ M_K`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB M@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****+ M@%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110` M4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1 M110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%% M%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444 M`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110` M4444`?5/_#LM_P#H=4_\%/\`]NH_X=EO_P!#JG_@I_\`MU?@7_Q$A_MI_P#1 M6X/_``DM&_\`D2C_`(B/_P!M7_HKB_P#R)7^D_P#Q+/P[_P!`L?\` MP94_S/Y;_P"(L9C_`,_I?^`P/WTC_P""9K;P6\:`@=AI1'_M6I?^'9T>/^1P M?_P6C_X[7X"2_P#!QW^VM("%^+R18[CPIHA/ZV9J'_B(P_;;Z_\`"Y__`"TM M"_\`D*J7T9^'EMA8_P#@=0:\5LP>]9KY0_R/Z`?^'9T7_0XO_P""T?\`QVC_ M`(=G1?\`0XO_`."T?_':_G^_XB,?VV_^BSC_`,)+0O\`Y"H_XB,?VV_^BSC_ M`,)+0O\`Y"JE]&GA[_H%A_X'4#_B*N/_`.?[^Z/^1_0#_P`.SHO^AQ?_`,%H M_P#CM'_#LZ+_`*'%_P#P6C_X[7\_W_$1C^VW_P!%G'_A):%_\A4?\1&/[;?_ M`$6_Z!8_^!U`_XBMC_P#G M^_NC_D?T`_\`#LZ+_H<7_P#!:/\`X[1_P[.C_P"AQ?\`\%H_^.U_/]_Q$8_M MM_\`19Q_X26A?_(5'_$1A^VW_P!%G'_A):%_\A4+Z-/#W_0+#_P.H/\`XBKC M_P#G^_NC_D?T`2?\$SXRIV^,9%8_WM,#?^U:B_X=FM_T.R_^"C_[=7X#0?\` M!QC^VS'(K-\91*#_``MX2T+;^EF#4W_$1_\`MJ]_BY%_X2>B_P#R)4_\2S\/ M/?"P_P#`ZB_43\5\P7_+Z3^4/\C]\_\`AV8__0ZK_P""C_[=1_P[,?\`Z'5? M_!1_]NK\#/\`B(__`&U?^BMP_P#A)Z+_`/(E'_$1_P#MJ_\`16X?_"3T7_Y$ MJ?\`B6?AW_H%C_X,J?YA_P`18S'_`)_2^Z'^1^^G_#LM_P#H=4_\%/\`]NH_ MX=EO_P!#JG_@I_\`MU?@7_Q$?_MJ_P#16X?_``D]%_\`D2E_XB0?VU%X/Q%=)7;]-ELOZU/\`\1+G[9G_`$471_\`PE=-_P#C%<\_HPY`W=8=+R4Y M_K=F]/Q9QZ5G5?S43]S_`/AVSKG_`$,>F_\`?EZ/^';.N?\`0QZ;_P!^7K\, M/^(ES]LS_HHNC_\`A*Z;_P#&*7_B)<_;+_Z*+HW_`(2NG?\`QBI_XE@X?_Y\ M+_P9,K_B+>/_`.?GX1/W)N?^";OB%<&+Q!I#`?WHI%_EFF?\.X/%7_00.]I<^&XUAN`/X',3(X![[74^A%)_1?R*VE'_R>0+Q M:QW_`#\7_@*/VA_X=R>,O^@OX<_[^3__`!%'_#N3QE_T&/#G_?R?_P"(K\EO M^(NO]IS_`*$3X&_^";5?_EC2_P#$79^TY_T(GP-_\$VJ_P#RQKE_XEAR7_GQ M+_P-FO\`Q%C&_P#/U?\`@*/UEE_X)T>-%3":IX;=O]J:9?\`VF:B_P"'=7CC M_G_\,_\`@3/_`/&J_*&'_@[N_:8$A\SP)\$6'HNDZHI_].!I_P#Q%Y_M)?\` M0@_!;_P6:G_\G5,OHOY,W=49+_M\7_$6LQ_S3+X3_\`?G4/_DJK&F_\'@GQLB20WOPL^&-PQQL\A[^';ZYS,V?T MK"7T5) MO@9X8UBV:+$46F>(9]-D23(Y9I(9PPQG@*/7/:L9_15RJVGM/_`X_JC2/B_B MN\/_``%_YGWO_P`,/_$O_H`+_P"!\'_QRHY?V)/B;'T\.B3_`';^W_K(*^-? M^(SB4<#]FP_^'`_^]E/A_P"#S5GSYG[-KH!W3Q]N_GIHKG?T5,M:M^]_\#A_ MD6O%_$;^Y_X#+_,^Q#^Q3\3Q_P`RPW_@?:__`!VJFI?LC_$73&19?"]XS,,K MY4L,J_B4=L?C7R8?^#S*W_Z-RN?_``N1_P#*^K%C_P`'EFFNA^U?L]:E$^>! M%XRCD4CZFR6L9_13R^WNRJW\Y0?Z(J'C!B+Z\G_@,E^I]0_\,N_$#_H5=5_[ MX7_&H)?V;/'L3E6\)ZSE?[ML67\Q7S;_`,1E>B?]&^ZS_P"%;%_\B5?L_P#@ M\C\%M;(UQ\#/%4:*//S,D;!`[`=`74'IN'6N^_XB^_V;/\`H0_CG_X) MM+_^6-V_P"#O;]FJ?(;P5\;HB/[VBZ9_34#4G_$7A^S M,?\`F4/C1S_U!=._^3ZYW]%>E?2K4_\``4->+T^L(?B:7_""ZW_T"-4_\`Y/ M\*9<>$=5M=OFZ9J48;[N^WD7^8H_XBU_V7>^B_%D_P#K]%BNGIB9_^"V_RD:1\7*;_P"7,?\`P+_@'BDD;1N%<.K?W6I* M]SC_`.#C?]BV9`Z_&6##?WO"NM*?R-G36_X.!_V)O$X*3_%S1KCRN1]J\-ZH M@7/IYEH/TKEJ?19QEFX8J3]:3_/F+AXMT&[2I+_P-?Y'AU%>X6__``7&_8=U M"9;<_%7P?^\X_>:#>HGXEK8`?B:N?\/BOV'#_P`U3^&__@ND_P#C%.X3XN?LY!;A!*/-\3 M:/%)@C/S*T@8'U!`([U8/[7'['5V1(?BC^S?*6_B_P"$ET5B?Q\RN.7T9\S6 MBQ*_\!?^9J_%7"K>E_Y,CY'HKZX;X\_LA>)U,T/Q$^`DRQ_*6M?%&F(H[\[) M0,_6I++QE^RAXC9HK3QM\'[IXQEEMO%-F2H]]DU<=7Z->=IODKP?JI+]&=$/ M%+`-)NG+[T_U/D.BOM7PEX#_`&>?B5JZZ7H.I>"-=U&12ZVNFZ^EQ<%5Y)"Q MS%L#O76R?L7_``SF0AO#:?A>W"_RDKDJ?1QS^+M[:E\W)?\`MIO'Q-RYZ^SE M]T?\S\_:*^]KK]B#X:7$#*FA3P.W21-1N"R_3=(1^8K.E_8"^'S1LJQ:HN[N M+TY7\ZXZOT>>)(NRG3EZ2?ZQ1M'Q)RM[QDODOT;/AJBOMR3_`()Z>!6C*K-K MJ@]Q=K_5:A;_`()U>"BA7^T?$8W=_M$/_P`:KEEX`\3K90?_`&\_\C5>(N5_ MWON_X)\4T5]F7/\`P3A\)26["'6?$4-A^7%J?Z7/D2BOK*7_`()I MVCK\GBVY4_[6GJW_`+.*@G_X)G`_<\9D?[VEAO\`VJ*Y)^"7%ZVPR?\`V_#] M9&ZX[R5_\O?_`"67^1\J45].:G_P37U&)E^R>*[2XP.3+8M$5/L`[9K/G_X) MO^)4<^5KVCR+_M1R(?T!KBJ>#_%T&T\(_DXO\I6-8\:9/)7]LONDOS1\YT5] M"2_\$Y/%ZLP35]`=3_>DF7_V0U4N/^"=_CJ&-W6]\.S,N2%6YF4O@=!F,#)] MSCWKDGX5<51WP3']V]A^7\W%<$_#WB2.^!J_^`-_DCI7$N5O_`)B(?^!+ M_,\BHKU:;]BGXF(<#PWN`_B6_MOZR5CS_LO?$&WW`^%-6!3^ZH;\L$YKDJ\% M<04_XF#JKUA+_(VAGV6S^&O!_P#;R_S.!HKLIOV>?'5OLW>$]>S_`+-F[?R! MJO+\#?&D;8;PCXG_``TR=OY)7'/AG-X_%A9KUBU^AJLVP3VK1_\``E_F\M]OFVMU'N_O1%?Z5P3R[%1^.G)>J9 MUK$4G\,T_FBM12E6C=E(VLE)6$J-1/6+^XM5(]PHHHJ'3DMT-27<****EH=P MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*** M*`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH M`_!__A7G^S3D^'??%>IKHZ9]:7^QT]!7_05_8=/L?Y2OB*KW/+/^%>#^[1_P MKP?W:]4_LA?2C^R%]*G^PX=A?ZQ5>YY7_P`*\']VC_A7@_NUZI_9"^E']D+Z M4?V'#L'^L57N>5_\*\']VC_A7@_NUZI_9"^E']D+Z4?V'#L'^L57N>5_\*\' M]VGK\.`W_+/%>H_V0OI1_9"^E/\`L2'8/]8:O<\O_P"%>#^[1_PKP?W:]0_L MA?2C^R%]*/[$AV%_K#5[GE__``KP?W:/^%>#^[7J']D+Z4?V0OI1_8D.P?ZP MU>YY8?AT`>%I/^%>#^[7JG]D+Z4?V0OI1_8D.PUQ%5[GE?\`PKP?W:/^%>#^ M[7JG]D+Z4?V0OI2_L.'8/]8JO<\K_P"%>#^[1_PKP?W:]4_LA?2C^R%]*/[# MAV#_`%BJ]SRO_A7@_NT?\*\']VO5/[(7TH_LA?2C^PX=@_UBJ]SRO_A70_NB MF?\`"O/]FO5_[(7TH_L9?[M']A4^P+B*KW/*?^%=_P"P:3_A71_NFO5/[)7^ MZ*3^QU]#4_V)#L/_`%CJ]SRS_A71_NFD_P"%3_\*X/]PT?\*X/]PUZO_8J>A_*C^QE_NU/]AP[#7$E7N>4?\*Y_ MV*;)\.>GR5ZS_8R_W:&T5!VXH_L.'8?^LE7N>2?\*Y_V*/\`A7/^Q7K7]AI_ M2-\.6/)4DT'X>$?PG\J];_L)/[II?["3^[2>10[ M#7$M7N>1_P#"O3Z'\J8?AZQ/W,_A7K_]AI_=IKZ$O)P:G^P8=BH\2U.YY"WP M[;NF*:WP[;^Y7K_]ACT3\J/[#7^[^M+^PH]B_P#6:IW/'_\`A7+?W!36^';# M^"O7_P"P4]#1_8"^])Y#'L"XFJ=SQW_A73_W30?AXW0J:]@_X1R/T-)_PCB> M@I+((EKBB?<\>_X5XW]T4C?#YNZU['_PCR?W3^='_"-BI_U?CV'_`*T3[GC+ M?#UN?DIO_"OWZ%:]F;PVO3:":3_A&A_=%+^P(]$6N*)]SQ=OA\W'RG%-?X?N M1]SI_LU[3_PC*^U-/AE1P034_P!@+L4N*9KJ>+/\/W'52#2?\("_]RO:/^$7 M7T-)_P`(POH:7]@KL4N*I=SQ9O`1/_+.F-X#UGPNO3::3_`(19/[AJ M7P^NB+7%,NYXD?`+G^$TUO`D@S\NZO;6\)HW\&*0^$EQ]TU#R#R+CQ5+N>(M MX&DZ%,8IG_"#L?X37MW_``B$?]W]*;_PAD?]W]*EY`V6N*F>)/X';'W#BF-X M(W-X-CZE.::W@Z+9J'D'D6N*^YXA_PA;?W::W@U^A&*]O_`.$&B_NBHV\"Q\G9 M2_U>?8TCQ6NYXBW@UP<"/D4L/AB>U??&71AW7@U[4W@:/'W3Q3&\!H>BFLWP M]+^4T7%?=GD$%IJ=I,)8;R\AE7[KI,RLOX@U>MO$/BFQN4F@\0:]%-&VY7CO MYE93[$-7I[^`(^/EJ-OA^I_A-9OA]O[)I'BU+JEM+\S5M?\`@II^T_:3B6/]H#XT MLRY^_P"+[]U].C2D?I6E8_\`!6#]JK3;D3Q_'[XK,ZYXEUZ>5.?]EV(_2N4? MX?JO\`)J-OAZ.1LYK!\+4G_R[7W(UCQ>^DK?,]6\#_\`!AC;^5F*^>&^'H':HV^'@`S@&L9<)4).\J47_`-NK_(W7&,K64W][/I6P M_P"#DO\`;0LD(?XH:==[OXI?"NDKM_[XMEK7L/\`@YR_;$L;8QR^,/#%VX.= M\OAFT5OI\B*/TKY/;X=@?P8IC?#K!^[FLGPCA_\`GS'[E_D:+C"7_/Q_>S[N M\/?\':O[4FB:);6ESX:^#>LW%NFU[V\T._2>X/\`>80WL<>?]U%'M6O%_P`' M>/[1Z31M+X`^#+1EOF5=.U-68>Q-\/>,--BN1 MXG^`WA_6)&9?L[:9XHFTT(.=VX26UQOS\N,%<>^>/RG;X=M_,Y_S_`)'["0_\'F,?DCS/VP\=@C\_P"SA_*M2S_X M/)/#S7,8N?@'KJ1'[S1^*879?H#:KG\Q7XQGX>-_<-,/P\=D0*@,#Z7+8ZD\C9 MY#+)+`%&.X9OI76Q?\'>/[-,L8)\&_&R-C_"VBZ;G]+\BOY_S\/6[H14;?#U MC_`?^^:YI\`X-NZBU\S>/&DFOB7W']#5C_P=D?LLW=VL%G@90B:IX5OY6GSG)7[+%,!C'.XK MU&,\U_-<_@%SC,6,U%)X"/78U/&3[K^OF?T_)_P`'#_[% M>LQ>1)\8K&2.<8*S^&-85&'^UOM`/SIUG_P6N_8=\1AP?BIX%8PXYNM'N8>O MIYEN,].<5_+TW@1^P)!IG_"$/_<-<5;PTP$_CC?U47^AU4^-JD=FEZ77ZG]7 M^@?MX_L:>-M'M;ZW^+'[/GEWR;D2\UW2[2XQTPT4S+(A]F4&KA^/G[(?B=08 M?B+\`IEB_P"?3Q/I:8SZ[)1GIQFOY,'\$."/DZ5"W@M^A0BO)J^$F65+J=*+ M]8)G93X\K1=XS:])/_,_KN\*^&OVUTOQ#%<3 M7`"%R46.8D@("WRCH,]*Z^;]BGX9RCGPVN3_`';^Y7^4E?QOMX+<=%S3H/#U MW:;EB>2-6_N$C^5>56\$LDF]`;G[B:K M#\V[Y+S=^'S`U3G_`."=?@F;=MOO$$9;^[( M[.1EV,\&HS1,PZXRK#CBN_\`"O[396/C#4; M>VAW,7;;&DP498L3QR6)KQ\1X`Y!+;#4_P#P!+\CT(>)F-7_`"^E_P"!7/ZC MM0_X)O>&IF0VNO:Y"H'S"7R92Q]B$7%9DW_!-2T8?N_%MPK?[5@K?^SBOYH+ M/_@I[^U'IB%8OV@/C$V?^>OBJ]E_5Y#7:>!/^"X7[8/PWU*6ZT[XY^+;F22' MR"NJ06FJQ`9!R$NHI%#`W8R,X)KQ<1]&_AV=W]5A?RZ_X)O^)H]WDZ[H\N M%XW+(G/X*:_"^P_X.0?VT[-E:3XK6]V%[3>%-'4'Z[+5:Z/PS_P<_?M?^';V MUEO/$7@_6X[>597AO?#=NB72@Y,;^1Y;!3T.TJV.C`\UXV(^C#D$M8X=1])S M_4[Z/BUCUHZM_6,?T/V=N?\`@G9XWB4M'?\`AR8*"+\OYD5^7UM_P`'=?[2<;J)_`7P6DRW.S3-33CTYOSS[UNZ M7_P>!_&JW!.H?"GX9W/(QY$M]#QW^]*]>)7^BUD\_AA./I-?JF=]'Q=QB>LH MOUC_`),_1:;]B?XF0[2/#HD(_NW]O_605B7?[,GC^RSYGA75VYQ\D>__`-!) MKY6A_P"#S`%CYW[-TJ$=/+\>A\_GIPK:TO\`X/(O##[A??`;Q'``!M\GQ-#- MD]\[K=*\6O\`12P3UIRJKUE!_H>A2\8*RTER/Y-?J?0$WP)\;6W+^$?$I_W= M,F;^2FL:Y\&ZQ8_Z[2M2A^;;\]K(O/XBL73?^#O+]G*ZM(S=>!OC3:SE%:55 MTG39$1L%7^BK_SZKU%ZQ3_`"L=]'Q>Z3A%^C:_.YC3VLMO_K8WC_WE*TRO<8?^#CK] MBV\&U?C)$O3[_A36TZ_6S%3:7_P6>_8?\831Q#XI_#_>SB)?MFE7%LN6XZRP M*`/4YP.YKPL1]%O'1UI8F3]:;7Y-GH4O%J@])TE\I)_HCPBBOKA?VK?V/?$: MM%#\3_V=+MIP\-ZW\.O$%_?;A! M;Z/XAAN)IMBEFV+#*2=JJ2<#@*2:\'$_1KSF"O2Q$'_B4E^29Z-'Q2P,G:=- MKT:?^1\8T5]ZZG^PY\-[^$K'HT]JY.=\5_-N^F&9AC\*Q;S_`()Y>!KC[ESK MT`.?N72'_P!"0UXE?Z/?$L'[DJ49KU2_1GQ)17V'J?\` MP3=\/R9-EXAUJ+(_Y;K%+\WK\JIQ[?K652NYM>L7^B9\HT5]&WG_``3;\2*#]F\0:/+U^_'( MGTZ!JR=3_P"">?CJS0M#<:#>#(&V.YE1_K\R`?K7C5_"CBJBKSPA&. M2*Z7X:?!WQ;\9]5GL?"'A7Q'XLO;:+[1-;Z1I<]]-#%D+O98D8A,D#)&,M7- M_+N.,XK[:_X(;?M9?#W]D']H3Q=KGQ&\0KX;TK4O#QL;>=[2>Y6:;[3"^W$, M;L/D4G)`%>3GV.Q&#P4Z^&I\\XJZBDW?5=M3V3LK:7Z MZ;Z'SS_PPI\JQJ^^)^(W_#"WQR_P"B+_%K_P`)'4/_`(S2_P##"WQR M_P"B+_%K_P`)'4/_`(S7[<_\/\?V2/\`HKEI_P""#5/_`)&H_P"'^/[)'_17 M+3_P0:I_\C4O^(B9]_T!_P#DLP_XAYDO_09^,3\1O^&%OCE_T1?XM?\`A(ZA M_P#&:/\`AA;XY?\`1%_BU_X2.H?_`!FOVY_X?X_LD?\`17+3_P`$&J?_`"-1 M_P`/\?V2/^BN6G_@@U3_`.1J7_$1,^_Z`_\`R68?\0\R7_H,_&)^(W_#"WQR M_P"B+_%K_P`)'4/_`(S1_P`,+?'+_HB_Q:_\)'4/_C-?MS_P_P`?V2/^BN6G M_@@U3_Y&H_X?X_LD?]%9+_T&?C$_$;_`(86^.7_`$1?XM?^$CJ'_P`9H_X86^.7 M_1%_BU_X2.H?_&:_;G_A_C^R1_T5RT_\$&J?_(U'_#_']DC_`**Y:?\`@@U3 M_P"1J/\`B(>??]`?_DLP_P"(>9+_`-!GXQ/Q%'["WQRY'_"E_BU_X2.H?_&: MY;XF_`GQS\$EL7\:>"?%WA%=19Q:-K>CW&GK<<5ZN1<<9OB\=3P^*PO)"5[RM+2R;6^FK M5CSLXX'RS"X.=;#8GGFK6C=:ZI=-=CX)#^HIU8NEZKY_K6Q$V17ZK2JJ:NC\ MMKTG!V8ZBBBM#$****`"BBB@`HHHH`*38/2EHH'=B;!Z4;!Z4M%`78FP>E&P M>E+10%V)L'I1Y7L:6B@+L3RO8T>5[&EHH"[$\KV-&P>E+10',QOE#TI/)7WI M]%$K!S,;Y0]*/)'H:=118.9C?('H::8`W4`U)118?.R+[*/4T"V4]"34M%+E M0_:,B^R+2-9+UVFIJ*?*NP>T97^PK[4GV%/[IJUL/I1L/I4^SB4JLNY5_LU? M6AM-0_2K6P^E&P^E+DCV#VTNY3_LA/[II'TE#QBKNP^E&P^E'LX]A^WGW*/] MD+Z4U]'7TYJ_12=*'8%7GW,[^Q4]#^5)_8:?W*TJ*7L8=AK$3[F9_8*?W33& MT%6YQS]:UJ*/JT.Q2Q=3N8Y\/ISQ3?\`A'D_NG\ZV]A]*-A]*GZK3[#^NU>Y M@MX:5OX!3/\`A&E]#70[#Z4TQ@=14_5*?8M8ZIW.=;PNH[$TQ_"B8QLKI=@] M*/*]C4O!4^Q2S"IW.7?PDO'R5&?!J>E=9Y7L:-@]*EX"EV+695>YQS^#HF_@ M./\`=J-O!,>,["#79^2OO2_9QZ'\ZAY=2?0T6;55U.'_`.$'B[(*B?P,G(VD MXKNVMPW6D^R`]S4/+*3Z&BS>JNIP$G@%"<[*B;X?H/X:]#^Q)Z4?81Z#\JS> M4TNQ<<[K+J>:R?#Y>?DYJ(_#L'@K7IO]G)36T]?0Y%9O)Z?8VCGU9=3RZ7X> M`G)&2*A;X=9&-N,5ZJVEIZ4TZ.GI6;R2F^AK'B&JNIY++\.#R2AQ4,GP[*_P M10?0VAQ)574\=E^';#^"H'^'K\Y6O9FT%6_AY^M M1MX<1N@K)Y#'L;QXGJ+=GC$GP^?^[5>3P"^[A*]L/AI>,A:B;PPK=C6,L@6U MCHAQ3-=3Q&7P$XP-I-0-X%?)^2O<7\)IC&PU`?""'^$YK"60/9(Z8<5OJ>'R M^"7'\.<5"?!;G^$XKW*3P;$3C9G'^S4#^"4;JO-82X?Z6.BGQ8>-V-KJFC/N MM+Z_M&*[?W$S)QZ<$<5W_@#]J[XU_");E?"GQ;^)_AD7GEBX&D^*+ZS6<)G9 MO$[*%SLI<6VV=C=TC_`(*G M_M3:!,KV_P`??BW(R$D?:/$MUS3X=C^X:X*G"=!Z. MFG\D_P!#MI\8M:*;7S9]7^$O^#GG]L'POJL%Q>>)?"'B**&59'M=0\-6Z13* M.L;&W$3[3WVL&]&%>F:?_P`'>'[1=N<7GP]^#5QQ_P`L;#4H>?QO6K\^YOAX M!_RS&:KS?#HX_P!6:X:O!F&;NZ2^ZWY';3XSE_._O/U5\`?\'CGBO3X+A?%/ MP&T35I6<>2^E>)YM/6-</\`A>XD0:K\!O$5G&V- MQM?$L-RR^N`UO'GVY'X5^-$GPZ;GY!L&VW[+\7_F=M/C2 MI_/^"/W\T[_@[H_9FOGVS>$OC-9]>9M$T]A_XY?-7HWP\_X.;/V/O&MG,^H^ M.=<\*2Q,`D6K>&+]VF!&2P-M',H`Z?,P/IFOYM)OA\W=.M5I/`#XP5YKSJGA M_A&K6:^[]4=]/C.7=/\`KR/ZAM"_X+0_L2_%74[>W'Q8^'[W%[(B*^K:?-8) MN$^6U])TT[_P`T8O\`0]6AQY5C;EFUZ-K] M3^P71/V8/@_\1M"@U71=.TS5=-NPWD7NFZG)+!+M)0E7CD*MA@0>O(YZ5GWO M_!/?P)=J3'-KEOG^Y=HW_H2&OY";7PW=Z5,LMM+/!(K`JT3%&R.1R*[GX=?M M)_%[X,W#3>$?BA\1?"DTD?E,^D>(KRQ9H]V[8?+D7*Y&<'C-?+8WP'R*KJ\- M2;_Z]I?BCVL/XEXR.BK3_P#`F_P9_4]JO_!-G19I"UCXCU6W3CBX@CF;IZKL M[^U<[K/_``38U"",-8>*K:X;GB>R:'ZLWZI/ M\;7/VWU'_@G?XVLT=K:^T&["]%661'/TW)C\S7/WW[#WQ)M&8)H4-QG^**]A M7_T)UK\P_"W_``=L_M*:'86D.I^#OA#K+6\2QO.VF7]O<7+*N#(^R\V!F/)V MHJ_W5`XKUGX>_P#!XQXBTW2S%XM^`NE:I>"4L+C2?%,EC&L>!A?)EMIB6SN. M?,`Y`VC&3\AC?HL93.[IPG'_``S7_MR9[>'\7L4OBE%^L7^C1]>7_P"SKX[T MW_7>$]>)_P"F=JTO_H`-<[JG@_6-$D=+W2]2M'C;!\ZUDB*D>H8"N`^&W_!X M/\)M5=U\8?"7XBZ`NP&,Z3K!FST/FO;8&.XSSQCO7KOP\_P"#I[]D[QOJ MD5MJNH^.?!\4@)-UJ_AMY88\+D`BT>=^3P,*>>N!S7QV.^BK%75&M4B_.*E^ M5CW,/XO-M>TA%^C:_.YQ]%?07AC_`(+5?L4_&S6+>T'Q:\!23W9"+)KNGSZ; M%W'S2WD$:(..K,!7H6@_$/\`9:^->LVMCH7C3X,Z_J%Y(L-O;Z-XCL))KB1F M"JJI!+EF+.H'!)+`>E?'8_Z,F:TK^QQ*?^*$H_E<]O#^*V#J6YZ37I)/_(^. MZ*^[]:_84^'6K@"'3KS3F7.3;WLGS=.SEA^0'6N6UG_@G#X:G4#3]S0\1(KED;MUW MJH_(FOE<9X3<5X6_/@Y.W\K4OR;/7H\8Y15MRUDO6Z_-(\-HKT?7/V2/B)X= MVM/X7OI0<[3;2Q7'3'9&8CKW%O_L5_L3^+/V\OBM=^#/! MUYH6GZG8Z9+JLTNK7$L-L(4EAB/,<:4M$EU/G+7]/>;=BN7NM`F9L8SFOU6G_P"#9OX[3`_\5/\` M"?G_`*B=_P#_`"'5=O\`@V.^.V<_\)/\)3_W$M0_^0Z^$Q'%615'?ZRON?\` MD?>87AW.J4;?5W^'^9^5G_".2^AH_P"$;E]#7ZI_\0Q?QU_Z&?X2_P#@SO\` M_P"0Z/\`B&+^.O\`T,_PE_\`!G?_`/R'7/\`ZR9#_P!!*_'_`".I9+G7_0/+ M\/\`,_*T^&Y0>,FC_A&YF[$FOU(U?_@V?^/6EZ9-/!K7PNU":-=RVT&J7BR3 M'T4R6J)GZL!7SY^T-_P2>^.O[,&E3:CXH^'FJR:-;H99=1TMH]2M(8P<%Y&A M9C$/^N@6NO"9KE&)DHT<1%RZ*^K]+V;^1SXG`9M0BYU:$DEUM?[['QS_`,(W M-Z&C_A&YO0UZ%'IL,G15%2IHJ'/!%?0QRI2UN?/O.FGJCSD^&YE(ZYI/^$;F M.>#7UA^Q)_P3W\8?M\_$?4/"_@N?0[*[TK3VU&ZN=6FEAM8XQ(D83=''(V]B M_`V_PDYXKO\`]MG_`((U?%#]@[X5VGC+Q;>^#]6T2YOTT]WT2ZN)WMI'5F0R M++!%\AV,,@GG`.,BO'K8K+J.+6!J54JKM:+\]OO/6HQQU7"O&4Z;=-7O*VFF M_P!Q\(?\(Y+Z&C_A&YO0UZ'%ID+GHHJ4:)&?X<5[*RE/J>0\[:Z'G'_".RJ^ M0":3_A')?0U]4?L4_L'>*?V[OBO=>#O!UYH%AJ=EIDNJS3:O-+#;>3'+#$>8 MHY&+EYTP-OKS7U9_Q#'?'3&?^$G^$Y'_`&$[_P#^0Z^?S#,LJP57V&*K*,EK M9WV/=P.'S+&4O;8:DY1VNO(_*O\`X1R7T-'_``C7X?YGY6'PW*,<$T?\` M".2^A%??GQ0_X(1_M(?"_1KG4O\`A`X_$%G:??\`[&U*"]F8$@!E@#"63KT5 M"<)_A.<_\`43O_`/Y#I/\`B&+^.O\`T,_PE_\`!G?_ M`/R'7D?ZR9%_T$K[G_D>FLFSJVF'E^'^9^5O_".S8Q@\4?\`".2^AK]4C_P; M'?';('_"3_"8_P#<3O\`_P"0ZY;XT_\`!O3\9?@;\(_$_C/5M?\`AI>:7X4T MRXU>\BL]1O&N)(+>)I9=@DM$4ML5B`6&?6JI\09).2A#$)MNRWW?R(J95G%. M+G/#M);GYJ_\(W-Z&C_A&YO0UZ#'IT,G9:F31$/`!KZJ.5)[,^:>(O'OB'7_AO=Z/X9M?M=U#8:A>274B;E7Y! M):HI;GNPKXF@L8G;"KTKT4/;\J?10',R+[*/4TC62]=IJ:BERHI5&5OL*?W32'3D/4&K> MP^E&P^E+DCV*]M+N46TE">E,;1U;'!XK0I0I/(%2Z4.PU7FNIEMH2]P>*B;P M^C9!!YK8H`)X%1+#0[%K%U%U,.3PVISE14)\+JW\-=%1Y7M4O"4^QK''5%U. M6D\((W)2J\G@V-C]S.*[#RO8TWR5]ZRE@*3Z&DF^ATPSZLNIY/+\/#SB/K527X=L.=O->OG1T]*B;0U;LVR>'T?^'!J&7PTIX(KEGD,>QVT^*)K=GAL M_@%AU7DU4E\$NN?E(S7NDWA-#GY*K3>#(VQE>:XZG#W9'=2XJ?<\D\.ZMXD\ M#SI-HNNZYH\T9W(]E>RV[*?4%&%>RZ!_P5"_:D\)3"2T^/\`\7I2O_/YXGN[ MQ?RFD<5E2^!HF_AYJG+X!0C[O2O/K\,0G\<$_D>E1XOE':5CZ-\/_P#!R5^V M=X>G$ES\2=,UI1_!>>%-+16_[\P1G]:]N\-?\'>/Q]L+E3KGPT^$^H0JWS"R M@U"S9A[%[J7'Y&OSXF^'RX^5*HW'P\(Z)7D5^"\*]Z2^2M^1Z]'C2?\`._FS M]B_!'_!XUX;OM7MX_$WP%\0:5I[RJ+B;3/%$.HS0H2-Q6.2V@#L!DA2Z@G`W M#.1[K\/_`/@ZS_96\;:M;VVJ+\2O",,S[7NM6\/)+#"/[S"TFG?'^ZI/M7\^ M%S\/&;/RDYJAAQO/K)/Y?\,?U"^#?^"Q_[ M&'Q_U9+2#XN?#N2ZF!^;Q#;2:2F%!ZR7T42CIP"W/`'45Z=X'\,_L\?M&RRM MX0U/X?>*WC3SW'AS7(9]B<#?BVEP%Y7GIR*_D>N?`;#C;FJA\(SVDJO%O21? MNE/E9?Q%?)YGX0Y7BK^UI1E?^:$9?HCW\%X@5Z=N2;C_`(9-?J?UV:S_`,$] M/`^H*YM;K7+!FSL$=PKHI[<,A)'X_C7':[_P35E\MVTSQ4K./NI_&_X&6;V_@_XM?$GPQ:S,'>WTWQ%>6UO(1P"T:2!21[BOH/ MX=_\'"/[8_PRTVVLH_BO)KEG;;MJ:QH=A>2-EBQW3M#YS=>-SG`X'`&/SC-O MHX9!B5_NT%_AYH?A'0^LP?BKCJ?_`"^E\[2_-'[>>(/^"?WCW24W6ATG5`V< M>1#'N%?!7PZ_P"# MO;XU:3K-N_B[X5?#/7;!7_?0Z1)?Z7-(OHLDDMR$/N4;Z5]&_"7_`(/`OA=K M(_#]W&R8Z%G2*2W[]I":]V\%Z_^S7^TSJBV?A3Q-\* MO%]_("1!X&Q"?E*+C^*YOR/K<' MXK86II5I_P#@,D_P=OS/BZBOM?Q+_P`$]_!6J&9["ZUC2G9MR*DXFC3GIAU+ M$?\``L^]EZCI\@ZI`K\_S'AC-L!?ZWAIP\ MW%V^^UCZ+"YM@\1I0JQEZ-,S****\-IK1G>F%%%%(`HHHH`****`"BBB@`HH MHH`_(.BBBO\`HH/\>PHHHH`4@GGK70?#GXN>)_@UXC.L>$?$>M>&=6\IK?[; MI=Y+9W#1-@LFZ-E.TX7(Z?**Y[H>#FED!8$X.WC, MH:*1B2`R!PP)P>#U`S^S?3D]:_GF_P""#SM;?\%1/`&`O^DVVJ(WM_Q+[AN/ M^^:_H9&,C'45_-/B3@:.&S91H045*";222O=KIZ'](^'F-JXG*N:M-R:DU=M MM[)VN_4_.7_@X-_X*.?$G_@GOX'^&'=/6*0#L3'"C8/LP- M?37_``>0SM#IW[.^!@F;Q#^/&EU^-?@NW>\QUYKW.$,NP>(P,/;48R;OJTF] MWU://XHQN)HXF4J=644K:)M+9=#^E[_@D/\`\%H-&_X*.6M]X6\1Z;9>%OB? MHT!O'L[=F:QU>V!`,]L7)9&0E0\3DD!@RLXWB/[M(#8&`:_EP_X)0^(]1^%_ M_!1+X,ZIIUQ+:SW'BFQTR5D;;OANY1:RH?4-'*PQ7]1ZYQG'(KY+C+(Z>68U M0HZ1DKI=M=4O(^@X2SF68X23J.\HNS??3<_"S_@XC_8'T#]E?QIX>^*O@FP_ MLSP]XXO9;#5[""'99V.HA?-22/'"">,3$Q@`!H"R_>POYT:/KBW07+5^XW_! MTU)!:_\`!,)9YMGFQ^+]-:#+8.\I<`X]3L+_`(5^&_[%7PLU3]J#X^^#?`&D ML5O_`!7JD&GK+@E;='8>9,<`G;''OD/'137Z=P+Q'4_LW_:97Y+J[[+77T7Y M'YWQKPW!X[FP\;<]M%W>GX[G[W?\&]'[-+?!S]C*X\;WD>W5?B=>_;<<[H[* MW9X;=2"!R6,\@P2"LJ=\BOK+]KCX`6/[4W[-GC3X?:BL8B\4Z7):P/+N5+:X M`WV\WR\_NYUCDQS]SD$<5TW@?0]"^%N@>'O!FF26UI#I.EI;:;8M,!,;2U2* M'%=0```?2OQK-,UK8K,9X]NTI2YEY6>GW))'ZQEF5T<- ME\,!:\8QL_.ZU^]L_D/\1VNI>`/'.K^'-:M);#6M!O9M/O[652DEO/%(8Y(R M#@@JP(/%:>G79FB5C7V-_P`',?[)1_9]_;=TSXEZ5:10>'/BW:F>?RD1$BU2 MV"1W'RK_`,](S;REB,N[RG).:^'_``MJOVB%#GDU_2/"V>+'86%;NE]_5?)W M/YZXJR-X+$2II:)Z>G3\#T7X=?%OQ/\`!CQ%_;'A'Q'K?AG5?*:#[;I=[+9W M'E-@LFZ-E.TX7(SCY17Z*?\`!"?_`(*.?%7XC?MCCX=^-/%^L^+M#\2Z9<2P MG5[J2[GM)[>,RJT4C$D!D#A@3@_*>HY_,AAYL(Y)8]:^N/\`@@V[6G_!4CP` M`!BXMM40_P"S_P`2^X;_`-EI<:9;AJN5XBM4IIR4&TVDVFDVK/?&O&6LY32=4LI#%I^JRJH(@:.1B8IGP^W#%7;"`*VT-_/SX,M7 MO(AD\&O0?"PO_!FN:?K.G3R6NHZ5`:_-;_@X._8 MLTO5_@%<_'WPO`=&^(7P[N+2XN[^S8PS7]GYR1`DH,F:!VC=),@JD;C)P@7] M"_AQXOC^(7P]T+7DBDMH]) MM+G7YV@NHG4-TRK@U_9;$!Y:G!&`*^P\0:.'C+#U*,%%R4KV25[6MMZGS'!$ MZRC6I5IN5FFKMNU[]_0\*_X*1?M(ZE^R)^P_\2/B+HPM6UGPSI7F6)N4+Q+/ M)*D,;,HZX>0''0XYXK^;'Q?_`,%,_C=\7M*O]+\0?%GQ]JNFZO$T%[8S:WYZSHNJ- M<%>*],^!GP;\3?M#?$K1_!_A+2[C5_$&MSB"VMXA^+2,>B1H-S,QX55)/`KE M/@;\(]?^,?CC2O#/AC2[O6M>UF=;>UM+=-SS.?T``Y).`!DD@"OZ#_\`@F[_ M`,$]_"7_``2Y^!.K>)/%6IZ6?%E[9"Y\2:Y.RI;:;`@WFWA=@"(5/+'CS&4$ MCY4"_I7$7%4,IPJM[U:>D8^>UW;6R_%Z'YED/"\LUQ+;]VC'XI?HK]7^".T_ MX)Y_L*>&/^"<'[/MU8O?VL^MW\2ZAXHUR5_)@E>)&/&\@1P1*7VDXXW,<9P/ MSP_X*F_\''5\VN7O@C]G^^2SL+-W@O?%YB$DE[QM*6:2+A$!W?OB"S<%-H&Y MO%O^"R'_``6^U?\`;&DN_`'P^FO=`^&-O*T=U+N,=WXG96^5Y>`8X!@%8>Y^ M9\G:L?YIE9;^[R=^:^#R7A>I6K/,BV5ON^\S/B&G1I+`9 M7[M."MS+KY+R[OJSW+QE^WW\9/B[H][I7B7XJ_$77=)U10MWI]]XANYK.X`( M8*T#.8R`0IQMQE:Y+2;YI2N#TKG=!\-M\K,N"*ZW3=+\A%^4Y-?JV583V,>6 MG%17DDOR/RW-\6JK]Z3D_-W-*V8G)J:HX8]OO4I4@9KZ..Q\K-ZB4444R0HH MHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB M@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****` M"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`* M***`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*38/2EHH'=B>5 M[&D,8/UIU%`=UH]3RFZ^'?\`L5FW7P[;CY*]CDTA.I!YJ";0E/:N.ID< M'JD>A2XCJKJ>(W?P^=1]W-9TW@B6"4N`RLO(*\%:]UF\,J5&!FJ4_A%&YV5P M5N'T^AZN'XJELV8WPG_;2^.W[/FG+9>"OB[\2/#.GK*9Q967B&[BLS(0`7,& M_P`LDA0"2O10.U?4WP?_`.#F;]KGX47D)U?Q'X7\?6D,0B%OKV@0H&`&`2]I MY$A?W+')ZYKYCNO`Z/\`PFLN[^'RM@!:\+%<(T*NLZ:?R7_#GO87C.<=IM?, M_5SX(_\`!X1+&]A;?$OX*,5:8+>ZEX9UH_+&2,F.TN$^9@,D`W(!Z97K7UM\ M'?\`@YC_`&2/C1#/!K7B3Q%X#F;;$MMXF\/S8N`X(/SVGVB)0.A\QU^]QGG' M\[%Y\/#D_)@UDWOP]8;OEKY;'>'N#J7]UKT?^=SZ/"<*I>*?^"< M?AW4BS:1K6J:8[9^695N8QZ8'RG\V-?R8OX/GTVY2:!I89HFW(\;$,I]01R* M]^^!/_!57]I_]F'[.GA/XS>-([&SC,4-AJET-7LHXS_"L%V)8T'^ZHQVQ7Y; MQ!X#9+CD_:X>$F^O+ROYRCJ?=97XG8FC;DJR2];K[G='[_\`BS_@G[XWT1"^ MGOIFMH,_+'-Y,K?42`+_`./5Y5XN^%GB3P*6.L:'J6G(K%1+-;L(^.N&QM/X M&OB+]G[_`(.U/C/X!:RM?B3X`\&^.[&W4I/=:=)+HVH7!.<.S#S8,CT6%00N M.#\U?*.T\9'Q3\+]2:'=)_;.EM>V#R$@>5'-:>:QX.=T ML4:\'O@'\*XC^BQ@VG+!.=)^5IQ^Y^]^)^BY5XP5'95N67_DK^_;\#EZ*^TO M`D_[/?[:>COJ'@K7?`GBYF@6:27P]J<+W%NK#(,J0-N1AGI*N0>".UEB8=+>_3OU2/E&BO0_'O[+7CCX=+)+?:'<7-LG/GV?^DQD>IV\ M@?4"O/65HG96&UE^\M?CV9Y)C\NJ>SQU&5-]G%K[M-?5:'VF$Q^'Q4>?#S4E MW33$HHHKRSJ"BBB@#\@Z***_Z*#_`!["BBB@`HHHH`^NO^"%'_*43X4L#+R.<"4C_:KLX3S;"8'!4GBI*- M^:U[]&^P^*17RY_P3?_X)>>"_^"6EQK%]J;>+-9A1F\ZRAAB>WM5;'R[9FN+@XY;_`$=3P"-W%_\`!IC^R`OB M?Q_XS^-NKVLK6OA2(>'M!=XCL:\G7?=2*V1\T5N8DQ@Y%XW0@9_*C]H;XW^, M_P!L/X_ZYXZ\8W]QK?BGQ/=B6=]IQDX6*&)1]V-%"QHHZ*H`K^E?X+>$;+_@ MBU_P1B@FO[.T&N^!O#K:GJD>Q&6\UR[<$12M&P\U1=310!P^?+C3!P`*Z\=A MYY?ET,!3=ZE5V];VO;RU2]&5AZT,7BY8N>D8*_I9:7_,^$O^"BW_``5>;X:_ M\%Q?"GB*PO))?!_P9NH_#6HK;H7-Q%*2NJ[4[M;B*ZMKI%EBFB)?AB_P#PCE]O M?=));H-UG+C'"^01$.3DV[GVJ^+^'XX;!T*M%:02C)_BG]]_O.;A7.WB,55I MU7K)W7Y6^ZQW?_!:W]C*;]N'_@GSXP\-Z9:S7GBGP\%\2^'HHE9WFO;5'/DJ MJ@EGEA>>%1C[THK^9;P!K09`I:O['\`C''-?RZ?\%D?V/#^PO_P45\6:)86J MVWA3Q:W_``E'A]4VK%':W,C;X%`8[1#<+-$`<':B-C#"M_#G./95I8.3WU7Z M_H_O,./LI5:@L1%;:/\`3]3R_3YO,B49ZU]A?\$*/^4HOPY_ZXZI_P"FVZKX MJ\/7PGB7FOM7_@A/_P`I0_AR,?\`+'5/_3;=5^R\2U.;),2_^G(?_0=+K]MS]X5^)'_!XM$TT/[. M:(&:1I_$*JJ]6)&E5_-7#3_X4J3]?R9_2N>?[E/Y?FC\B_AO"`B<$8KWO]GC MX*:I^T)\8/"_@G18)+C4_$NHPV$0`_U8=L-(?1$7<['LJDU[!\+?^#>?]K#S MX(M1^'FGZ0LA`:2Y\1Z;(D/.,GRIW/OP#7ZZ?\$J/^"0NC_L!:?/XE\27ECX MG^)=_$UN;V!6^QZ3`>L5L'`8L^/GE958CY555W;_`-EQO&N7X'`2]C-5*DDU M&*:>O=V>B6^N_0_'Z'"&-QV81=2#C33NVU;1=%W;/LW0M%M?#.B66FV,"6UG MI\"6\$*<+%&BA54>P``K\EO^#JK_`(*%:7\._P!G2U^`.@7]K=>*?'<\%[XA MBB8.^F:9!*DT2/Q\DD\R1%><[(GR,.I.G_P4:_X.8/#'PJTK4_#'P-L)O$OB M9=]M)X@U2T>VT[3FVXS%!(%EFE1MPQ(B("@/[U3BOP=^)/C+7_C;\1]7\3^) M]4OM=U_7+I[R^O[MS)-=2N*BXJ]TGNWW:Z); MZ[GZ/FO$.'C!T*$K]&ULO*_5D_PEMW&M6/7F9/\`T(5_9_'GRQ["OXYOA5X= M,.J638/^N3_T(5_8PA(C4@=17H>(E)TXX9/^]_[:>;P1B(U:F)<>\?U/B;_@ MXNR?^"-?QG`YS'I'_IYL*_FK_9U^'6M_%?QWI'AOPYI=[K6NZU@')XK^G[_@MC\"?%?[3'_!,SXD>`O`VCW.O^*O$TFD6NGV4+!6 MF;^U[)F)9B%1%16=G8A5569B`":XW_@CO_P1K\-?\$Q_AX^HZM-I_B?XJ:U% MY>J:U$A,%G$3G[+:;U5EBZ%G(#2'J``JCRN'<_I9;@9RWFY.R^2U?E^9ZF>Y M-4Q^(C!.T;*[^>R\S/\`^":__!.GP7_P2?\`@-J?Q%^).J:5#XR?3S/KNLSR M?Z)H=MPQM83W^;:&<#=(^%48V@_EY_P6`_X+$:U^W?XN?PYX:>_T+X7Z5+FT ML';9<:Q*O'VFY"DC_TGC8H\3HP!5U8$$'D&OI>$'1Q]>IF6+G[2O>UGM%=&E^"[>I\ MUQ1"M@J,,!A8K$ M5P6J>/!;.PWXQ4-C\0DF=5WGFO-EF])2Y6SV(Y'6<.:QZ0)0:=7/Z'KPNT3Y MN*VT-17B>57P\J"WEV MY-H/-2*=V?:N,T/Q6+V1?FKJM/N#/&K5MAL7 M"LKQ,L7@IT7:1:HHHKI.`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B MBB@`HHHH`****`"BBB@`HHHH`1V(QGG-1M=CN:COYC"C'/(KEM>\5"PR=ULL@K]CTO[:GJM.6[4\%J\R_X6,I_C-6K7XB)(P^?K3CG5%NUR9Y#72V/1Q* M#ZT[)QC/%37PDZ;LT6J*13NSQTI: MZ#EEN%%%%`@HHHH`1CMQ[U6N;Y8`2QJ6[?8"9 MG=@\,ZTU%&Y)XB5&P&XI]MJPF/+O%:6MWXXU[P7X M%M7E"SP_:9-4OX8^,N(X5$#>P\\9QSMZU\?7XUR^A)JM54;=+W?W*[/LJ?!6 M-J03I4V[^5OQ>A\.Q.&Z=#4G+'U-2ZQHE3MNFTNZELY#_>9&*'H3 MW'K4:G!&:^UI5%4@IKJ?#8BBZU;6P^E)64J$'T-HXF:V9R]UX324XV\5F MW?@:.3'RFNY,1Z\TQK96ZBN:IEU.1UT\TJQV9YA?_#Y6_P"6>:Q+_P"'GWOW M=>R2::I[54FT-'Z#K7G5LEA+9'K8?B&K'J>,:9HVI^#]8BU'2+V]TS4+=M\5 MQ:3M#-&1R"K(00?H:^P/V:/^"_O[5W[+L]K;MX\_X6'HUL[NVG^,[J/I<#Q MA4INZE;YG[&_LF?\':G@+QG"/$W@_P`:R&(SRMIUR(=4LUW%-T\/ MRW$7S#@3(,\'!!&?Y7-3^'R\D)FLO3-(U7P3K]MJNBWU_I.I6+B6WO+*=K>X MMV'1E="&!]P:_-N(?"S`8VG*G4III[J24E^/^9]]D_B)5IS4E*S75.S^]']1 M?Q,_X)TW-M')<^$]6%R.HL[\!6_"10`?H5'UKYZ\*=0C1)/#_ M`(M6*&.XF(^9+>X),$V'X7E)&X/E@\#^5>.OHPX2?-7R].C+?W?>A\UNOEHC M]OX<\79MQAB&IKSLI?)[/YZ^9XM17U]\9?\`@G_IFM"6_P#!]R-*N0-WV*8L M\$A`_A8DLI/OD?05\Z:M^SMX]TC4I[63PIK\KP,4+V]FTT38[JZY##W%?R;Q M'X8<0Y/B/8U*$II[2@G)/[E=>CL?LF6\69=C*?M*=11?52?*U^C^1^*%%%%? M[S'^3X4444`%%%%`'U[_`,$*/^4H?P[_`.N6J?\`IMN:_H7&<#O7\]'_``0H M_P"4H?P[_P"N6J?^FVYK^A<<`5_.GBO_`,CB'_7N/YR/Z(\*_P#D42_QO\HG MXA_\'D8_XEW[.YQ_RV\1?RTROA3]G3_@M/\`M/\`P1\%6?A[0/BWK*:/8PQV M]M#J%E9:I]GBC78D<;74,C(JC``!`^45]V_\'DF?L/[.Y''[WQ#_`.@Z97X[ M^`+4S*FXC)KT>$,#1Q.`IPKP4UKHTG]I]R.*<95P^(G.E-Q>FJ;71=CZD^-7 M_!5G]HCX^Z?=V_B?XK^+;BTOD$5Q:V4RZ7;3*`!AHK58T(XY^7GO7S#J]M<: MK*[.7=G.6)]37=6WA\2QJ,9J:+PF"_W17Z32R2$(*-&"C'M%)+\#\VJ9]*4N M:K-R?=MO\SZ-_P""!?[$6-P MY!`^Y&>.-6$5EJ?Q(G.K7$LK;!!IUOOCMMY8``8 M,TV>RKTJ4JL*/NJR;UUU>G>]O1'ZM@\'_PC1I5:JISK:MM MI:::+5=+7]6?SN:="+BZQNYK]%O^#>/]I_\`X9U_;BM/"]]=FV\/?%&W&BSJ MS-Y:WR9>S<@=7+^9"N1Q]I/09K[LM?V_/^"9[,/(M/A!N]OAC,O_`+85K:9_ MP4'_`."=6AWUO?61^%=G=V.2%U.Y75EL@0P(R".0:]G,.)*N,P ME3"U,#4M)6O9Z/H]NCLSR,'D$,+BJ>)AC()Q:=KK5=5OU1^B``QG@8K\T?\` M@YK_`&,A\>/V)K;XE:5;+-XD^$=U]NE95/F7&EW!6.Y0!5.=C^3-R0%2*7N> M?OOX$_'?PE^TO\*M)\;^"-7CU[POK8E-E?)%+"LWERO#)\DBJZ[9(W4AE'*U MN>,_"&F?$+PAJN@ZS9PZCI&N6TN)4\M[VS;]Y;7&W)QY MD+Q-C)QNQFOKO_@@5>^?_P`%/OAN.I$.J?\`IMNJ_HO&8^.(X?Q$XNZ=.37H MT?@&'R^6'SZA&2M::_-']%1ZBOQ(_P"#Q_\`X]/V=/\`KMXB_P#0=+K]MSU% M?B1_P>/_`/'G^SI_UV\1?^@Z77X'PRO^%*EZO\F?NN>/_8Y_+\T=[_P;2_\` M!4Z^^+_A5O@/\0=:N;_Q'H/\`6_A'XXT3Q3X\/7<5]8741VO#-&X93[\CD'@C@ M\5_5-_P3L_;/TS]O/]E;P]X_LXX+74KE39:S81,2NGW\0'FQ#=SM.5D7))V2 MIDYKW.,>'WA)QQE%>Y/?RE_D_P`[GB\,9VL0I8.H_?CMYK_-'XV?\'+G_!-Z MY^`'QN7XU^%[,MX-^(MVPUE(E9O[+UALNTC9SA+GYI`<_P"L64<`H#^;'A'0 MUN&#=FK^O3]I']GSPS^U9\#/$WP]\8V;WOASQ39FTNTC8++'R'25"00)(Y%2 M1"00&13@]*_EH_:<_9;\2_L+?M*^(_AEXLC7^T/#\X-O=)_J=1M'&Z"Y3K\K MQD''56RAPRD#ZS@+.XXJ*PF(?OPVOUCT^:V?R/F>-+OV3_P#@FM\1_B)X%U,Z M-XI\,OI4]A=^0DZQE]5LXG#(X*LC1R.K`CHQKFO^"0O_``6"\'?\%2_A1)M2 MU\-_$[P]"#X@\-F;<-N0HO+4MS):N2H/5HG8(^"Q*S_@C-'^T!H^I?'#X8:>J^/-%@-QXBTB!&_\`@I1\"8]8MXX-&\<:(J0>)-"5R?L3!*GDKRA)*Y/U00!UY->-A<3BLJQG,ERSB[-/JNS[I_\%'?B*&&S+"\ MM[QDM&NGFO-'\@?A6_5H5!Y:NHBE#+@'&*_1_P#X+W_\$A%^$E[J/Q\^%MAY M?A^\F\WQ=H=K%A=,E;DZA`JC`A9O]:O\#L'&59O+_,C0M:%Q&H!SFOZ6X7XA MH9EA8U*;]5U3ZIG\X\4N#,7^Z9ZF5*]97/U+_X-@?V M9OAI^T=\*/BY=?$#X=^!?'%SI6M6,5G+K^@VFIO:J\$A9(S-&Q0$@$@5^I,O!RG6[1O#^AVNGRZE#$I\^V;R43?NBW,H.?GC0#J:_"+3+P7%H M!NYK^N-@"I!XK^;7_@L%^QV/V*/VW]?TK3;;[/X2\6_\5!H(5?DAAF9O,MQR M<>5,'4`\[/+/>OT#PPXBDISRZO*]_>C?\5^J^9^?>)/#\?9PQU"-K:2LON?Z M'R'XXNFCM7P%-)\!?M\?%31-#TO3]%TC3->F@M+"PMX[:VM8 MP!A(XXP%4>P%?TVYQDG@@5_-#_P50_Y21_&3C_F8I_Y+7A>%6(J2S&HI2;7) MU;?5'L>)^&I0RZ$H12?,MDET9X72[/<57N+D1X]JSKSQ`MOGYT%?OM2M&&[/ MP:EAYS^$U]P]:-P]:YF3Q;&FQT5%9]IJJS M'J>:M>?\E=$*L9*Z.65&479DU)N'K6;>ZN(>X`-4U\3KO(RM9SQ,(NS9K#"5 M)*Z1OT`D=.*H6>HB?HU69)MJ=>!6BJ)JZ,I47%V9-167=:VL'.X5!%XC4G!( MK-XJFG9LU6$J-72-NBJ=K?"XY#<&I9KCRUY.<5K&I%JYC*DT[$]%9%SKRPYY MQ38/$"RL1GBLGB87MZ,HW`TEUJ`A0[CQ6GM%:YC M[*5[%KS,=R:3>/>L"_\`%*6^?G-9S^.(@X^M!0"1TJO;7@FY]: ML#YB,170_\$VO^4H7P&'_4 M]:7_`.E*5\;Q?)K!U6G;1_D?=\&Q4L7!/NOS/Z4_^'9W[.#<-\`/@H3_`-B1 MI?\`\8I!_P`$S?V;S@?\,_\`P4P?^I&TS_XQ7N*Y`!/6O._VG_VD?#?[(WP. MUSXA^+WOE\/>'_L_VHV<'GS?OKB*W3:F1G]Y*F>>G-?S%"K7G.,*;;DVDDF] M6]$?T=.E0IP00:\#/\`P<<_ MLW*`6NO&P4]_[";_`.+KV_\`9X_X*H?`#]JOQ='X>\#_`!-T74M>ESY.G7<- MQIMU7)2G"3[)I ML^>OVC?^#;#]GOXN:7-+X.MM;^%^LA#Y4^E7]TK4P7TC7=/W/I^J``%D4LH9)4SAXW`( MZC(/A_XGB"VVL0[K6\$2R3:7=IDPW,6 MA&Y2RD[6->YPWQKC:>^G;J>-Q%PAA,=0DZ45&IT: MT3?9K;7N?R_VOYM.O(3_RSFAD, M;CGW%9EQ>"''S5_35#$1J4E4B[IZW/YJQ.'G3JNDU9K0M4GF^YK#N_$R0CEB M*J#Q?&9,;S4RQM).S94,!5:O8ZBE#$=#6!:>)TF[X)K3M=02?&&K2&(A/9F5 M3"SA\2)=0^XU>QD+_?I']2W_!) M[QS!\1?^":/P*U.V6X54\$Z982%U53YUK;):RD`$C!DB*^B&Y4_Y M[5\B?\$']4.K?\$E/@M($,932[B#;G/^KOKF//;KMS7UX_"'C(`K^2\?%1Q5 M2*Z2?YL_JC"2OAX/R7Y'\NG[:5A;Z1^VS\8[.U@@MK2U\+8U_CKNGBJ M<=&SDIX.I/5(Z3>!R#2DD]>:YJ'Q;&_\>:T+/7EG_BSBB&*IRT3'4P=2.K1J MT5'#+8P/OTR+Q?&N=XZDNIU++ZMKV.GH!(Z<5C6GB M!9^YK2M[I9,\=:WIUHSV9S5,/.'Q(G`)X%%('`Y!J&XN1'C.,UHY):LR46W8 MF+;<=:-P]:Q;_P`1+!C+8K*N/&\:X^>N2ICJ<-V=M++ZLU=(Z\2`E9EYXC6//-14K1AN:4\/.?PHVO-]S07!Y)KF M3XPC#']YFI[?Q1'(W+DUDL;2?4Z99?42O8Z"@'!S5*UU)9SP:MHY_&NB,U)7 M1QSIRCHQU%%%49A1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%% M%`!1110`4444`%%%%`!1110`4444`)Y>>QJ.6T!J6BDXI[E*312FTE6['-9U MYX;6;M6_L/I374G`/&*RGAX2W1T4\5..S.'U/P6LV[Y3S7,:QX`[A:];EM`: MJ76D++VKR\1E%.>R/8PF=U:;W//\2/AS;OM;0= M;G+3V49*Y^R7>#)%@+A8VWPKN8B,,=U?K_\`#7_@XY_9/\;>!=,U75_']WX1 MU.]BWW.CZGHM_)=6#Y(*.UO#)$W3(*.05(/!R!_/GJGA-)MWRFN>N/`ZB9LQ M@G-?GV;^'^%Q-3G2<7U<;*_KNC]"RKCVO2I\C=_4],HHHK];/QL****``D=A MBEX`ZY-&2.,"NC^&OPF\4?&/Q-_8_A'PYK?B?5A$UQ]DTNSEN[A8UP&R6K9]/?\$(;(W7_!3CP#*&4_9[ M74Y&_P!H&PN%_P#9J_H/P".3C/6OQP_X(7_\$\OBC\.OVMU\?^,_".L^$-&\ M.:;<11?VQ:O:3W<]PGEA8HV`)"H7+$C`^4=3Q^QY`&>A)K^:_$S'4,5FZE0F MI*,(IM--7NWNO5']'^'&"K8;*7&O!QLGD\/?L^7.5 M$<-SK\3#N2ZZ<1_Z`:_'OX;#!4=Z_?W_`(.:_P!@;X@?MG_LV>!M9^'6AW'B M?6?A[JT\UUI5G&TM]V_4\WC;"59.#/`-DLP/B M+4HX+B:*(R-:6JG?<3XR,[(E=NH^[C(KDO@;\$/&?QYU*XT_P3X6\0^*K^TB M$UQ!I5C+>/;H2%#N(U.T9.,FOV(_X(4?\$R/%'[-NHZ_\2OB5HAT3Q)J5LNG M:'I]PT;W-E;L=\TTBC/ENY"(HW!@JRAEPXK]%XHXFP^6Y=4:FO:VM&-U>[T3 MMO9;_(_,N&>'<1F&84TX/V=[RE9VLMU?:[V^9Z9_P6U_:!M/V*_^":.KZ#X< M6#3KCQ/;Q>"M&MT<9MK9X66;:&R2%M8Y$!ZJSH=P.*_FIU8-?W+D'[L_\ M'+'[-'QD_:-F^&(\!>"-:\9>&=!AOWNET6U>[NH;N8PC]Y$I+%/+B&PJO4R` MGE17XP?$3X`>-?@5XGMM)\=^$/$O@[5+R`7,%KK6FS6$TT)9E\Q5E524W*PR M.,J:^`X&CAU@%%33J5&W+6[WLO/;7YGZ#QA*LL8Y.#4()).VFNK\O+Y'%Z5H M$N[/-:W]CS[<8KJM)T2/R5X.:TK?P\;N>...-Y9)&")&BY9B>``!U)K]/I9; M:%S\RK9O>=C]0_\`@UG_`&K9=+OO&_P2U>[C6*?_`(J?04D95.\;(;N)<\L2 MOV=PH/`25L=37[.^H(P!UK^>S_@FO^Q'^T#\'_V[?A?XHM_AAX\T.STW7+=- M2O;W2)[*WBL)#Y5T6>15&/L[R\=^`.<5_0D%P]+,O:8:<9*:N M[-.SV>W?<_>>"<97K9?R8B$HN#LKIJZW5KGXN_\`!UK^QT8E\"?'G1;-O,MV M_P"$6\2-&!MV$M+93D!UU1S M_M#^S[A?_9J_?#]KK]FO1OVP/V:_&?PTU]MFG>+],DL?M`0R-9S8#07`4,NY MHIECE`)`)C`/%?DI_P`$&?\`@E)\9_V;OV^-4\4?$;PK<>&](\!6=W817=PV M8M7N)T:%3:,IQ+'LWL7Z#Y1]X\>ED?$%..28C!5I6:BTK];IVMWUT^XX\XR. M4LVH8JE&ZYDW;HT];_+4_;@\<$=*_$[_`(/&[.1]&_9YN%_U<5SK\9^K+II' M_H!K]L"3W[U^97_!S/\`L$?$#]LW]G#P-K7PZT.Y\3:Q\/M5GENM*LU:2^N+ M:Z2.-G@C'^L*/&A90-VW)'`-?)R2%N=H%?'>O?LH_%']G32K.Z\?_#GQMX*L[R:>I^`8G,*^69E&O%6< M7>SZKL_)H_KI#%@.1@]Z_/[_`(+W?\$R7_;@_9YC\8^$M-ENOB?\.H))].AM M;=7GUVR9@T]D2,,SJ`TL(^;Y]Z!5(V.HC9CNDK[VQR0,5_/%6&)R?,7%Z3IOY/\` MX#7X,_>:53#YM@%-:QFON_X*9_(5\*-3;5?$>EVQ;;)-=11?-_"2P'-?UZ0? M=7(["OR"_;[_`."`7B'QI^WUX;\??".QTN'P7XOUJ&^\56#W26R:#*LBO/+F0QPR7$4L<\:,P^[ MN>)1D\#//&:_F=;_`()W?'GX-:3J&J^*/@W\2]%TK1HFGOM0N?#]RMG:1K]Z M1IMFP*.YSC'->EP#C*,(2I5))/FVOW22_(YN-C?:#ZJRHZD.JD?TJ?L/?M MI^$/V\_@5IOCCPE<>6)<0ZEIDKAKG1[L*-\$F,9QU5L8=2&'H/Y=]*59[5>O M->Z?\$^_V^O%_P#P3B^.D?BC0!+J7AS5=EOXBT)Y=D.K6ZDX(X(2:/C12+U21&RK*>A%;/Q%^'>A_%SP/JWA MGQ-I-GK>@:W;M:WUC=QB2&YB;JI'Z@CD$9&"*_&\CSK$Y/C/:).RTE%Z7M^J M/UK.,EK:_P"CZG\G>D:L+A0H;@5IJ=W/0"OK_P#X*#_\$*/B MC^RS\8+F[^&'AKQ!\1?AUJT[2Z;_`&9;27VHZ2#S]GN(D!<[>BR@%6`RVUOE MKX^U+3K_`,+:_>Z/K%E>Z9JFEW,EG>6=Y`T-Q;31L5>-T8!D96!!!&0>M?TQ MD7$&%S&DI4)IW5[75UZK=:Z'\XY[P]BA^M?CU_P:(?\`)'?C9_V'M._])I*_84]#7\J<3_\`(TK> MJ_)']39"_P#A/I^@@VY.#7Q!_P`%X?V*V_:R_8OU#6M)MC-XO^&7FZ]IFW&^ MXM@@^V6XRP'S1(L@X)+VZ*/O&NW_`."Y+/)IMQ=SS63$DG[@$T"@``);)7U00'5@<885P8;$5LOQ<*\-)1:?RT? MW-/[F=.*P]+&X:=&>L9)K]/O3_$_CF\37AN+!C[5^Z?_``:7#_C7CX[.,G_A M9-]_Z:]+K\O/^"T/[&;_`+"7[:_B7PY96YA\)>(S_P`)#X;8?OWF=EGIT!E=5'5V/2. M,=V8A1W-:W[,?[,OB_\`;O\`VF?#OPN\%Q1OK/B*=M]S.VVWTZW12\]S,>R1 MQAC@?,QPB@NR@_U"_L`_\$^_A]_P3J^!UMX,\#:>C7,BI)K.M31+]OUVY4'] M[.X[#+;$SMC5L+U)/U'%O&2PF]EY=W_EU/"X6X05:"J5-(]_\`(_'+ MX'?\&K/QU\>6>GWGCGQOX(\!P70W7%I!YVL7]D,D894"0.W?"SD<_>S7J/B3 M_@TC\0Z5H5Q+H7Q^TW4]5CV_9[>_\(265O(.,Y'[4:S MK%IX:TJYO]0NH+&QLHFN+BYN)!'#!&H+,[LQ`55`)))P`*X7P+^UM\*OBEXJ MBT+PQ\3/`'B+6IMVS3],\0VEW=OM4LV(HY&8X4$GC@#-?FKXNSB;=2$[)=DK M+UT?YGW_`/JWE<4J9`Y`Z5^1O_!?S M_@D]HD?@*_\`CM\-M&ATK4M)99/%NEV,*1VU[;G@WZHN-LJ''F[1\ZG><,C% M_N.%/$*K4KQPN/LN;126BOTNO/NON/B>*>!*<*,L5@F_=U<7KIY>G8_'KPMX M+UOXR_$_P_X0\/1Q7.O>*-0@TK38)9UA2:XGD$<2%W(5=SL!DD#FOMOX<_\` M!L#^TSXLM!=ZQK/PS\+EGVFUOM8N)[H#CYO]'MY(\CD1@RG\"*_KD_9Q^-.G?M$_`7P7X^TM!%8>,M%M M-9BB683"W\^%9#$6`&60DHW`^93D`\5T<?6_X$<% MY/@L92FJRUC;9VT/PU_:D_X($^-?V*_V3O$GQ,U_Q_X=UJX\-26QGTK3K"=E MFAFG2!G$[E2"CRJ<&/!7>=P(`/PMJ&H%+8L6X%?U)?MO_"+_`(7S^Q_\3O"2 MVKW]QKGAN]@LX4W;VNA"S6Y`7DL)EC('..',/@\52>&C:,UW;U3UW;Z-%WX3_#O7_VD_CQ MX3^'7AI[4:_XQU:#2;)[EV2WADED"^9(45F$:`[F(5B%4D`]*^];3_@UB_:7 MAF8OXT^"Q`]-9U/_`.5]*;.&%FZ*6ADNV7N?(.!U(_HQ`P<#FOD.*>+L9A\;[+#32LM;J^K_P"!8^RX M=X5PE7!JI7C=M_@?SC?M8_\`!$CXR_L(_`ZY\?\`B[5/`^M:'I]U!:W2Z%>7 MES-;^<^Q97$MK$HC\PHN=WWI$&.:^1]7U$Q6K,&'%?T_?\%'O@ZGQ_\`V%?B MKX7,=Q/->>';JYM(H1\[W=NGVFV'0Y!FBC!&,D9`P>:_E?\`$VH'^SV`?)Q7 MV?!'$]?'X*K]9DG.#MHK:-:?C<^,XQX:H8+&4_JZ:C-===4]?P:/0?V-OV1? M'7_!0[]H*+X<>`)-*M]8>PN-2GN]3DGBL;."'`+S/#'*R@LZ1J=F-\J#C-?: M.E_\&L_[2-HQ:3QE\&'_`-W5]2_^5]=?_P`&B_PE&K_&+XS_`!#E>0/H^EV/ MAZW39\L@NIGN)CG/!7[)#QCG?[5^Z7+<>M?#<1\88_#9A*EAYI*-NE];7/N, MDX3P5?!1G7BVW?R/YK_VXO\`@D_\1/\`@G3\.]&U_P`>>)?`%]%KUZ;"SM-% MO[J:Z=EB:1I-LMM$OEK@!CNSETXYX^.O%OBT649^;FOT]_X.>_VA'\9_M4>% M_`-M<,]GX#T8W,\84#R[R]8.W(Y/[B*V(STW''4Y^6O^",7_``3HB_X*3_MD MK8^(X)I/AQX$BCU?Q-CS(Q?!I-L%AYB8*F=D?/S*?+BG*D,!7W>"XAQ%/)(8 MW'R]YIRVMI?1+U5OO/AZ_#V&GG,\)@T^6+2U=];*_P"-SF/V$?\`@DG\=?\` M@I"&U/PAHUKH7@V.4QOXFUV5K33F8`Y2$*K27!XP?*1E5L!F3-?HW\(?^#1W MPG8/:R_$#XS>*M:W19N;?0-)@TW;(5Z)-.;C(#=S&"P[+GC]=O#WA^P\(Z#8 MZ3I5C9Z9I>EV\=I9V=I"L%O:0QJ$2.-%`5$50H50``!@<5F_$KXI>'/@UX/N MO$/BW7M*\.:)8C,]]J5TEM;Q^@+.0,GL.I/`K\FQW&&98JK:E+E3V25W][6_ MI8_4\)PS@,-3O4C=K=O1'YD^,_\`@TQ^#5WHH3PU\3OBII.I,^1/JDEAJ,&W M!X\J.W@.<[3G?T!&.:%^,'<\D7<8X&?T_T+_@LG^S+XCUR#3K?XP>&XKBXE$2/=1W%I;@D MX^::6-8U'^TS`=\XKZ$\$?$'0OB7H$6K>'=:TK7]+G)$5YIUW'=6\A'7#QL5 M/YT4^(,]P,E*JY)?WEH_O2?XD5,DR?&1<8*+_P`+U7X_H?RS?%W]F?XB?LM^ M*WT+XB>$M9\*ZFC%4%Y!^YN`"5W0RKF.5<@X:-F4[>#6"@R#@Y%?J?\`\')O M[7JZOXE\,_!31[D/'IC+KWB`(0?WSH5M8#QD%8W>4C.#YD9ZBORQC4C;SP37 M]"\(YCB<=EL,7BH*,I=%U71^5][:Z6U/Y_XMP&&P>/GAL--R4=[VT?5:;V[A M10:*^G/E3+\0?ZEJZ+_@FW_RE#^`_P#V/6E_^E*5SOB#_4M71?\`!-O_`)2A M_`?_`+'K2_\`TI2OBN,?]RJ^C_(^]X+_`-[AZK\T?UB]%XZ"OC[_`(+RX_X= M3_%'/3=I&?\`P<65?8(^90*^,?\`@X$O%T[_`()(?%BX)P8VT?\`76;`5_.. M124?$%/LVW?7$^)/$,VOWD5I:QRW%Q=.(HH MHE+O(S'`4`TG2GNM0AV%3:SW=Q+>/`V0/GC:X*-_M(:^E^"#Z" MOY@QO)]8G[/X>9VMM:^A_1N%YO8PY][*_K;4_G'_`."ZGARQ\"_\%/OB0EC$ MMO#J7V&_=$^4>=+8P-(WU:3_\%\_B?I_C#_@IS\3 M9M+N$N+?2VL]+=U4A?.M[.".9>WR<9'-&7Q%>QOY<][(^XQ65O_`--'"$N^,1IR?F:,-^_4,[6`R.C. ML[6A&]]]E8_#ZF1+&YQ6]FKWD_SU/*/V2?V&_C5^W_XAFL_A?X-U'6K.U<)> M:I*PM=,LB1G#W$A5-^.=H)<]E-?H-\+_`/@TJ^).K1R-XU^-'A'P_(`"BZ-H M]SJZLWH3*]K@>_/TK]L_A5\*?#?P-^'ND^$_".B:=X=\-Z'`+>QT^PA$,%M& M"3@*.Y)+,3RS,S$DDFG?$7XK^&?@_H2ZMXN\1:'X8TMI!"+O5K^&RM_,()"> M9*RKN(5B!G/!K\LQG&V8XBI;#^ZNFB;_`!O^"/TK"\)X&A3_`'ROWZ+^OF?B MW\1/^#3;Q]X>M+>3P9\:?#'B"X;?YR:SH<^CI'C&W:T4ET6S\VXO=+E))"@S1Y\MFVDA90CD<[:_ MID^%7Q[\#?'*"[E\%>,_"OC"*P*"Z?1=6M]06W+YVAS$[;=VUL9Z[3CI6]XI M\*Z9XV\/WFDZSIUCK&EZA&8;FTO+=9[>Y0]4='!5@?0C%;Y=Q[F>#JKV]II; MIJS_``Z^J.?,>"LNQE)^Q]U]&G='\E=MJ/GVV.]<1\1\_9V)&">E?H+_`,%K M?^"9T'[!'QIL]>\&VUPOPS\;M(]A$WSKHMXN6ELMV23'LQ)&6P=N]?F,99OS MX^(,A>S?/:OVVCF]+,JK-/[UT:\F?TN? M\$!O^417P8_[!]]_ZZ[_`.G"XKQ# MQ%XB%FA))KU_]O\`O/LW[>)+[ MQ#K=OIVF6UU?7]Y*(+>WMXC+--(QP$55!))/0`5]U_LT?\&VO[3'[0?AR+6M M?C\._#"QN55XH/$5U+_:,BMGYOL\,;F,C'*S-&WS#Y>N/T]_X(F?\$4]%_X) MZ?#ZS\9^-K&QU?XUZW;[KRY;9/'X;C=2#9VK#(W;3B653\YRJG9][]"!A%)) M`Q7XYG?'E>=1PPFR^T];^BVM]Y^QY1P;AX4U/$+7M_F?BGI__!HKJ"6T+7'[ M0T4=PR`RI'X&+JK8Y`8Z@I(!Z'`SZ"O#OC5_P;:?M(_!71)=3\/S>$OB/;VZ ML[VNC7\EO?JJC<2(KA(U8GLJ.S$\!>E?N;K_`.V9\(/!_B:?1-6^*OPYTO6; M69K::PN_$MG#=0RJ=IC:-Y0P8'@@C.:]15PXR""#7C4.,LXP\U.4KI]TDG]R M1Z-?A7*L1%PC&WH]5^+/Y&M4TC6?`'BJ]T+Q%I>I:'K.E2FWO+&^MGM[FVD' M!1T^\.ZC>Z7J-M<6=_ILTEK5"59&!Z$$,#7[;PCQ;#-J#5N6I&W,OEHUW3^\_%N+>%9977BT[PEL_T?F< MYXE\3_8F8D@&LOX?^%?&7Q[\;0^'?!'AKQ!XNUNZSY5AI%C+>7#``DG;&K$` M`,23P`"3Q7U7_P`$F_V0_A=^V?\`MEV/@GXJZUJ^FV%U:2W&F65FXA&N74>& M-HT_)BS'OD&`"WELH=6*[OZ+OV?_`-F'X??LK^#(_#GP[\(:%X0TB,+N@T^V M$;W!&OF.+^,I8"O\`5H0;G:_9:^?7Y'U?"7"=/&4%B)22 MCMW>GY?,_`+X$?\`!M!^U!\9-+34/$2>$/AM;RB-T@US5#/>2*P)XBM4F"D# MJLCHPW8QG./H?PY_P:)ZW+H]M+JO[05C9ZBR[IX;3P8]U#&WHLCWT9<>Y1?I M7[;YV]2/Y4FY6[J3]:_-*_&6:U)0+E5@[*/ M@KXYO?"WC/0-6\,>(-,95N-.U&V>WN(]P#*=K`95@05(X8,""17];C+SP!_A M7QG_`,%H_P!@70OVQ?V3]>UN'3[>/Q_X#L)M5T74$7$LB0J99K1F`)=)$#[5 MXQ+L;(&[/TW#7B#B:6)A1QMG"3M=:-7[ZV:[]3YKB/@7#516DUT3:;L\E:X?4-%U;XB>-M+\.:)9W6J: MUKU[#I^GVENA>:ZN)I!''&H')9G90`.[5^V9ICU2H<]S\;R?+/;8CD9K_!7X M1>/OVN/BO9>#/ASX;U7Q3XCU!LI:V:#$*Y`,DTC$)%$,_-)(RJ.YK].?V>?^ M#3#QOXHT2"_^*7Q6TCPQ>3".0Z9H&G-JDL8(RRO<2/$JR+T.Q)%)SAB,$_I] M_P`$N_\`@G#X6_X)J_LS:;X2TBUL+OQ7J4<=UXIUR%"9=9O<')W,`WD1;F2) M,`*N6V[WD+?3.0IZX`K^?7 M;HO\S\M-._X-./@'!8VZW7C[XS372HHF>+4M-BC=\?,RJ;%BH)Z*6;'3)ZUY M5\0_^#3"XT_2;N?P3\:VGOX@#;6>NZ"$AF.1D/<0S$IQDY$+=ACN/T6^*/\` MP5<_9W^#?BRYT'Q!\5O#=OJ]FQ2Y@M3+??9W'5':!'57'=2*K\TU M'NUI][5CJJ95DU9^QM%OLGK^#/YZOVD_^"1OQ_\`V,HKB]\4^$'U?P[:NR_V M[H,O]H6.T%1O<*!+"I+J`9HTST'0UX#-?B.`L>IK^FC_`(*.?M9VW[%W[(?B MSQIYT::PD!L-$B90WG:A,"L/!!!"',K`CE8GK^7_`,:^))YI+FYGF>>XN':6 M61VW-(['))]R:_8N!^),9C\'.KBH)*+24E?5VN]-=M-3\BXTX_M5V?@71KDZ7H.GQ?VEXDUA ML,NEV*R*I*@_?F`OA]H=MH/A_2U MSMC`\Z\F*@/<3O@&69]HW.>>`!@``>!Q7QH\+/V-%N:F9`/L^J>&9=+M]FTY/FQ7-PV<[1C MR^C$YXP?VE\8^.-'^'?ARYUGQ#JVFZ'I-B`UQ>ZA=);6UN"P4%I'(5`:\/TC51=1J"V2.E?UN MWEE%>VDEO/&D\4R%'C=0RNI&""#P01U%?B)_P7B_X)6:5^S3K%K\8?AQI::; MX0U^[^RZ_I%K$$M=&NW_`-7-"JGY(9CE2@&V-P-IQ(JI^B<&\?RQ&(C@\/-& M6C3ZG7A,55P]:-:C+EE'5-=#[\U#_@YJ^/5DC$>%OA,=OKI=_P#_`";7)Z[_ M`,'4G[1&G9$/A#X./_OZ3J3?ROA7A?P0_P""HX(KQ;XW_L]>(_@1\2]6\'^,=)N]"\1Z M)+Y%Y9W&TM&2`RD,I*LC*5964E65@RD@@U^*E>2]5> MZ/T?"<29U3IQKXB<^1[-JR?H[69]>2_\'9?[2ZR[!X*^"9'_`&!M4_\`EC7" M_M4?\'`/QL_;F_9^UKX9^+_#OPUTK0/$+VS7PW3""XBN$"M-=RJ!YD M29^7..,BOFCX=?L_WGQ4\2KI6ERZ';WK(TJMJNMV6DVV!CCS[N6*'=SPN_<> MP->B?M!_\$\_B+^R'*8_B#I6@Z!?J8S_`&>/$^E7FI8?)63[)!N>#-.\,:E>:]9I97"ZS;3S1K&L@<%1%+$0/]&\*^&["35/ M$'B"[CL;&U5TC-Q,YVJ-SLJJ,]2S`#J2!7T68\-9=B;XG&4TY6UDWT2Z^B/E M\!Q#CZ#CA\+4:C?2*[M]-.K/LS4O^#JO]HJVD"Q^#?@VX]])U+/_`*75\L?M MN_\`!1/QU_P4A^*FB^+/'6E^%]*U30]-&E6T6A6L]O`T0FDEW.)II6+YD89# M`8QQW/&?&K]G+Q+\!OB=J_A#QAH]QH?B;0IA!>V4Y5VA+*'4AE+*RLCJRLI* MLK`@D&L#3/"XCE50,LS8_NUY^6<-8&A4CB\+!)6T:>Z:Z/S1Z>9<2XJM2EA\ M1)OHT^Z[KR-C0Y=T8]JZ'1=5ET74K2^B"M-9RI-'N^8;E8,,^W%?2]C_`,$+ M/VI;;;GX7$D_]3)I(_\`;NKQ_P""'/[4RQX/PM;'K_PD>DX_]*J^DH\1Y1R< MD\53_P#`U_F?*U,@S3GYZ>'G_P"`O_(]:O/^#FKXUV$6%\&_#`A?[UG??_)5 M M#2_#NAP&ZOKLZ[ILXMXP0-VR.Y9VY(X52?:OG;X9_L]:S\?/$[:-H#Z`;\J& MBCU37K#1UF+,$"1/>30K)(2RXC0ECUQ@&ODJW#?#E:E*MA5"48[M2ND_-WLC MZ[#<0Y]1J1IXF4TWLG&S?HK79]>S?\':?[1L$P4>`_@V1_V#=2_^3:N67_!V M5^T-,!YG@3X0?\!T_4?_`)-KPSXN_P#!%+X\_`CPLVO^-O!NB>%M($GDB[U7 MQCHEK%)(59A&I>\&^0A6(1T:SE!ONK?F?H5<_\`!V)^T'$H*^!?A"<^NGZC_P#)M9__`!%J M_M&>;M_X0+X-X]?[-U+_`.3:^)OA]^SYXC^,/BJVT'PKX>U?Q+K5WN:"QTVT MDNKAPHRS!(P3@`9)Q@#D\5]$^%_^""/[3OBW0K;4;3X3W\-O=KN1+S6=-LYU M`)'S0S7"21GCHR@]^E1C.&:DI2]%?]"I^W%_ MP6L^*G_!27X8Z-X1\;:!X(T72](U9-90Z):7,4LLR0S0KN::>7Y`DTO``Y/M M7@NBWGGQ+D'-:7Q-_9<\:_L\:W!8>./!_B3PI>W2^;!%JMA+:&X7^^GF*`XR M",C/((ZU2TFT$!0$9K[CAW!4,/14<);DW5MOOU/A^),94Q%9SQ"?/YZ,]-_9 M7_:F\7_L3_&[3/B%X*>P;6M-AFA:WO4DEL[V&6,JT4R1NC.OW6&&&&1&SQ7T M!\3/^#G']IZ_O+&33K/X::$EFY,L5CH)3<7$I`&#CRRA^ZT+Q+H`_@\&]M.U+_Y-J;_B+'_:#5=W_""?"#_P`U'_`.3:^'?`'P!O M?BMXH72]+ET.WO61I5.K:U9:3;8&.//NY8H=W/"[]Q[`UW/[1O\`P3I^(W[) MN8OB%I6@:!?YC/\`9_\`PD^E7>I;7R5D^R07+S^6<-\^S;ZFOFI\)93"LJ$X MQ4GLF[-_*]SZ>'%>.G2=:+ERK=VT7SV/IV;_`(.TOVC%.!X#^#9!_P"H;J7_ M`,G5B?%W_@Y>^.O[1OP8\4^!=:\)_"_3M+\8:37&GZ??+.R*H/*UO3VPN(B",,:U?B=\"?$O[._Q+U?P?XQTFXT+Q-H,H@O;*9E= MH69`ZD,I965D=65E)5E8$$@U2MSB-?:OT;`252C%Q=TU=-:II]C\XS%.%5JU MFG9IZ--=#W#]B;_@JQ\7/^"`_`K]CWQQ^UC MJW]E^!M/T/6-6E=HHM-F\1:=8W]T5C,CF&WN;B.6550,2Z*R@*D->W<8<*3!;)=---@E<^6C8[\5\+G6 M09'6Q;C4?YM1PRE%2=./6S:7SM;\3W>P_X.O_VDKHE) M?!GP64'^[I&I_P#RPKXQ^(7QLU;X\?%_Q3XVUF&SMM5\7ZM=:Q>Q6B,EM#-< M3-*Z1AF9@@+L`"S''4GK7*Q^"X=_"DUK:5X>%LR[1TKOR7ANC@*CJT(*+>CL MO^#1#_DCOQL_[#VG?^DTE?L*>A^M?RIQ/_R-*WJOR1_4V0_\ MB^EZ'X,_!?\`:YM_V+/^#D?XE2:A<)8>$?B+XHNO#.LD[5BA:X96M[ABQ55" MW0BWN3\L;RGGH?WE5<^N*_F`_P""VOP_NO!?_!3WXPP32QF>368M0C>`GY5N M+2"Y3D@'<$E4'_:4X)'-?NY_P1__`&R3^W#^P;X-\5WUY]K\4:7"V@^(CAMX MU"V"AGL9-K[]5\CQ'_@Y+_8RD_:;_8#N_%VE67VKQ/\`"*9]=@9%9I6TYD"W\8`. M,;%BG8D9Q:8&,G/A7_!H#XDO+W]G?XQZ:]S,UA9^)+.Z@MRW[N.26U*R.!V+ M"*,$]]@]*_7?6]$L_$ND76G:C:6]_8ZA"]O"9H_"?B#0WL)W*M]JL+B*_FM)#M)`+6Y MC+#/RLQ4\@BO'P^/Y\IJX2;^%J4?1M7_`*\SUZV#4,PAB(_:33^2T/U3[M7\ ML7_!92],/_!2'XU+DG'B2X_DM?U.YSN-?RJ?\%GV_P"-DWQK/IXEN/Y+7O>' MTW'%U6OY/U1XG&\%+#4T_P"9?DS],_\`@U"_9`A\'?`'QG\;=3LIEUGQM?OH M.CRRPE=NFVI4RO$Y.&66ZW(W'#60YZ@?KP#EB.U?*G_!$OX<3_"K_@E1\$-, MN55)+OPZFKA0X<;;Z62^4Y'JMP#CMT[5]4D\G&0*^4SG$RQ&-JU&[ZM+T6B_ M`^ERR@J.$IP2Z+[WJS\'O^#DC]N;7_&?[54_P7L[ZZT_PIX$M;6;4+2.8K'J ME]<01W(DD`QN6.*6((#G:WF-_%Q^5VO>)9='NX+RRN9;:\M9%E@GA017[D_M<_\&PMY^U7^T[XY^),OQX&BMXTUB?4QIX\%?:?L*R-E8?- M^WIYFT8&[8N>N!7F5Y_P9VS7H(?]HX<_]2#_`/?*OT;*N)\JPN70PG,DTE?W M7J^K>G<^"Q_#F8XC'RQ4M4WIJM%T6_8^]/\`@AK^VAJG[='_``3M\)^*/$=W M/J/BS1)[CP]K=W*@5KNXMF&V;(/S%[=[=F;`R[/Q7U=XJ\,6'C7PQJ6CZK;Q M7NF:M:RV5W;R#*3PR(4=#[%20:^:?^"1?_!-,_\`!+#]FO5_AVWC0>.SJOB. M?7O[0_LC^R_+\VVM8/*\KSYLX^S9W;QG?C;QD_5;<@<'%?F&.G3>)G.A\-[K MIYGZ)A83]A&-3>UGU/Y(/VL_@K+\`OC]X[\#3.9V\):Y=Z4LJ_\`+9(9F1). M>?F0*?\`@5?N;_P;,?'T?%?_`()M6OAFXFLVU#X::Y>:(8DD_?\`V>1A>0R2 M+DD`FYDC4X`(@(&2K5^:7_!?7P?!H7_!3_XDM;P001ZA%IMV4C4(N]]/MP[$ M`#EG#,3W+$GDUZ;_`,&LGQZ/P_\`VSO'?PXNKU+>R\?:"+^UA==QGOK&7*:#QN04L6]^6,OP5_P;/ROAJNL)G=7"].9K\=/R/W MQ;#`C'7BOY&OV\_AXOP%_:O^)_@J$R&U\->)=0L+8N,,\"7#B%B.V8]AK^N< M`9QC%?S3_P#!T'\,KGX;_P#!475=6=XI(?'_`(?TW6H?+SN41Q&P*-D#YMUE MGC/RNO.<@?'\#9@Z&*G2>TX_BGI^#9]=Q?@%7HTY]8R_!_\`#(_0G_@U+_9U M/P[_`&&/$WQ"N[:>'4/B7XA?R)'P(Y[&P4P0LHQGBX>\!)/\(P!CG]3B1GOS M7CO[`G[/P_9:_8M^&'P^>Q33[WPQX=L[7484D\Q?MQB#W;;@S`[KEY6X.WYO ME^7%>._\%*?VNW_9R_:@_9)\-PQJ\WCWXD/:RN[\?9VL9M.9-HQD^9JL+@YX M,0R&S7S>-J2QN-J3CKS-M>B_X"/>PL8X3"PC+I9/YM+\V?8C@NN.F>*_D8_; MV^%I_9V_:L^)?@4&01>&O$=[8VQ9-AD@69C"^W)QNB*'K_%7]="]2'XA>&K'5'RFT1S0;[%D!R<_N[:%L\??QCC)^CX'Q_ ML,5.E?2I(K]'2VU,@<"O%/^"=OP:7] MGO\`83^$/@UM.FTJZT3PGIT=]:RHZ217C6ZR76]7Y5S.TI8'&"Q&!TK%_P"" MH_QS3]G7]@KXG>(BP%W+H\FE62^;Y;?:+S%K&R\$DHTOF$#J$/(ZCYVNIX[, M7&&KG.R^;LCVX5(X/`J<]H1N_DKL_G9_;^^-\O[3?[5OQ%\>-+/-;^(M:GEL M_-?>RVB'RK9,_P"S"D2CM\O%?JC_`,&GOP[L=*_9(^)WBI5F75=9\:'2[@DC M9Y%K8VTL.!C.=UY-GGTP!SG\<-1TWS;0@=J_4?\`X-:OV@[3PKXO^)GPFU*_ MDBN-:%OXDT:VDE"P2/&IANP@9A^],?V8X5262!RQ`05^T<>Y7.EDRIT5[M-1 M^Y67X:,_'^!LU5;-7.J]9N3^;U_S/VCQA<'M7XK_`/!UYK'C?2_$WPF,BW2_ M#5K>[VM%_J&U7>-PEQ_$+?9Y>[_IMM_CK]IR,`$]ZY_Q]\.M`^+/A"]\/>*M M"T?Q+H.I*$N].U2SCO+2Z`8,!)%*I1@&"D9!Y`/:OQ;)LR^H8N&*Y>;EOIZJ MVGF?L.;8'Z[A9X;FY>;KZ-,_D.L?$UO.`0Y)KU;]G?\`:H\<_LS^+H]<\`>+ MM:\,Z@K*7^QS[8;@`AMDT39CE3(&5D5E.WD5^T'[0O\`P;%_LY_%E)KKPE'X MI^&&I>5MC_LG4GO+)I,D^9)!=>8QX.-LUN- M0^'7B?0?BEIELH86;(=(U:08R=L4C-`^,8_UX9N,+V'[+@^.LJQB]CB4E?=2 M6C]=U^)^28[@G,L*_:X9MM=8O7_,^0_BE\6-<^.WQ+UWQAXEOCJ/B#Q%=O>W MMQM"*TC'LHX50.%`X`4`5BKQD]Q69JNAZU\/?%E]X>\1Z7J6AZ[I4YM[VPOX M&M[BUD7JC(P!!J_!*&3CK7ZEE]6C*C%4+5C\LS*C6A6E[:_,V[ MWWO?6X^BBBNX\PR_$'^I:NB_X)M_\I0_@/\`]CUI?_I2E<[X@_U+5T7_``3; M_P"4H?P'_P"QZTO_`-*4KXKC'_"_P#>X>J_-']8>T[037EO[8/[ M*7AG]N#]G+Q'\,/&,CWKU M+)V8ZD5R'QI^-7A7]GCX;:CXP\:ZU:>'?#>DO"+O4+HD0VYEF2"/<5!(!DD1 M&-&`XSRV?IOPAXQTCQ_X)#9:/?0LIQ/'(/&^I^9;6C.NFZ3;,R:?I,;$96&,D_,0!N^$)+*:R\0W]@FN^(A+"89SJ5VBRS)(I)(:(;(.W$`X!XK^93X9? M#FX^,O[2'@+P?;(LEQXJ\2:=H\2LX16:YNXH0"QR!R_6O["EP`%(/`KTO$7$ M%AHM7;TLE\MSEX%H\U.>(EJWU]=6#L0I/8?K7\K'_!0G]NS7/VZ_VCO$ M/C'5[^[?26NI8-!T]YB\.E6*MB*-!P`Q0*SD`;G8L:_I]^,W@*;XK_"#Q7X7 M@U`Z7<>)-'N]+CO?)\_[(T\#QB7R]R[]I;.W<,XQD=:_'S_B$!GVE!^T:"1_ MU(7_`-\:\?@S-<#@*E2MBW:3LHZ-V779/?0]+BO+,7CZ<*.'^%.[U2N^GW:G MY0_`W]JOQ3^Q]\=M!^(7@G5)].UOP_=++\CD17D61YEO*/XXI%RK`]O?%?UT M?"SXB:?\8/AIX=\6:49QI?B?3+;5K(3($D\F>)98]P!(#;7&1DU^,]]_P9Q2 M:A][]H[:3Z>`/_OE7[`_LU_!X_L\_LZ^`O``U+^V#X'\.Z=H!O\`R/L_VW[) M:Q0>=Y>YMF_R]VWFOY=/&DF^T?\`W:_L;U/3;?6=,N+2[@BN;:YC:*:&5`\2'/][8Y7^E?3>'6+E+#8C#-Z)IKYWO^2/F>.\* MEBJ&(2U::?R::_-G]+/_``0&_P"417P8_P"P???^G*[K[%/W&^G]*^.O^"`W M_*(KX,?]@^^_].5W7V*?N-]/Z5^;9G_OM7_%+\V?H>"_W6'^%?DC^5/_`(*, M7/V?]N;XX=R/'NO?^G"XKV;_`(-L_P!D>']I?_@HN/%^L6_].-Q7Z=_\&C' MPYFTWX#_`!E\7N@\G7/$EGHZ-O&6:SM3,PV]1@7R<]\^U?K_`!-BY4&/!G MAB^NM)U;XGW-U!<:C;S&*:"QM4A,\:%<$-(UQ`I((^3S%_BX_2$=02!FO@'_ M`(*W?\$0[C_@J5\8/#'BE?BL/`D/AK1SI8L?^$:_M3SV:=Y3+YGVJ';D,%V[ M3]W.><5^49#7PU+'4ZN+^"-WJF]4M-%YGZ;G5&O6P*_9C_@U+_;GUWXDZ-X\^"7B+5+[5;?PC:PZYX:\[][]CLVD,5S;[ MRW:-,8'F2].!7.W'_!GM/<8W?M&@C_L0O\`[Y5],_\`!(S_`((%M_P2 MP_:.U_X@GXL_\)X=<\.S:!]@_P"$9_LSR?,NK:?SO-^US;L?9]NW:/OYW<8/ MW'%'$>6X_".E3E>6Z]UK7YH^3X;R#&X"NIS6FSU6WWGZ,@>W!K^?7_@O_P#L M]VOP1_X*#ZEJMA%'!IWQ#TV'Q`R("%2X+/!<9SW:2+S3C_GK7]!8ZY&<5^0_ M_!TUH5M!;?!76A'"EVKZO:22A0))$Q9.H)QDA3O(&>-[8ZFO(\/,9*AG5.*V MFFG]UU^*.SC_``BK9/.5M8--?>E^I^3/AKQ3J/PW\9:3XCT.^N--UK0KN*^L M;J%L2V\\;AT<$=P0M?MSKW_!R%\*O!O[)GA;Q9<6LGB#XE:W99N?"6G2&%+* MY1BDOG3LK"&%BI9.)'*LORGEA^"WBGQ4MHIP6KJ_V5OV)_C+^WCXAGLOA=X' MU?Q'!:/LNM2;;;:;9G&=LES*5B#XY";MY[*:_4^+\NRO%N%7&NW(][VNGT;[ M7UWOV9^<<)8S,\-"=/"J_-T:O9]TNY]"?M8?\%Q?CU^U+J%RDWC6[\%Z!."L M>D>%Y'TZ%8RH5A),K&>7VNIS1S1N#G.X-GZ^O>OTN^#O_!IA\3/$]OYOQ!^+?A'PL7B#K!H MVFSZU*K''[MS(ULJXYR5+#(XR.:]`N?^#/;1[U"'^/NKY'4KX3B'_MW7R\N) M,AP]+ZO1C%+;2+=_5VU^\^HH\/YQ4JJO6E)OS:_*^GW'Z7_\$W_VE+O]L#]A M7X7_`!'U/;_:WB;0XI-2*A522\C)@N&4*``K31.0`.`<5[G*O[ELGH#7C?[! M'[)Z\RYFGW&,,P7'FX^\?NU[)(1Y M+=>AK\CQ$H.M)TOAN[>E]/P/TZFI*BE/>ROZVU/Y$];MQ%37\/VC4[P?]-W_]"-=+^QW\9%_96_;4^&OQ%EGO[:Q\+Z_;7%^]HW[Y[%F\ MNZ1?F7.ZW>5=I(#!L'@FOZ;X@PDZV5RC3^)Q:7K;0_G+A_&4Z.9IU-E)7]+G M]7I!`R`*\(_X*6S>-;/]@GXKO\.TNW\8+X>N#9"U.+G;C]^8<<^:(?-*;?FW M[=OS8KVG1]8M?$6D6VH6%U!>V-[$L]O<6\@DBN(V`971E)#*0000<$&KQ`/7 M!!K^8J%1TJL9VORM.SZVZ,_HVM!5*26[YZYKI?#O MBAM+U"WO+*[FM+JV8/%-#(8I8R/X@P((-?TB_M8_\$6OV=?VR-6U#6O$W@&U MTKQ1J>6FUW0)GTN]DD,AD::01_N9I6)8-)-'(Q#=>%Q\(?'7_@T^FT_[5=?" MGXN.Y#_Z-I?BNPX"\_>O+8=1QTMN?;O^V99XB8&I%0Q,7%^:NOO7ZI'Y!F/` M.,A)U,-+F]'9_P!>C/@SXX?MN_$_]I3X;^'?#'CSQAJOBG2O"LDT]@;YTDN= M\@`)EFQOF(`(4RLS*&8`XXKYM^(>H>7$_M7N_P"UA^P_\6_V%=;ATWXF>%;O M1[>]D9+/4H'%SI^H%1DB*="5SCG8<.!U45\X>/KWSHF8D$FOL7B\&\$G@E%0 M>JY;6UU>VF[U\SY2E@\6L M64L'BCXNS'Q%?/-"8I%LP6CL(QD_-&8/WZG`_P"/MNHP3^AF1CD=*X#]F'X; MS_!?]FSX>^$+A`ESX3\-:=H\BJP=5:WM8H2`PX/*=:]`;&TC/6OYIQ^(E7Q, MZTG?F;_K[C^AL'15*A"FELD?S=?\%R/V[==_:;_;>\8^&)K^[M_"/PVU2X\/ MZ;IGG'R!/;N8;BY91@&1Y4DP<9";%SQS\,Z7\5]:^$?CG3/$_A?5[W0]?T.X M2\L+^SE,4UK*AR&!'ZCH1P>*_8OQ9_P:27OB[Q9JVKW'[12K-JUY->2+_P`( M']TR2%R.-1'KZ5BWW_!G1-?+AOVCP/\`N0?_`+Y5^IX;BC**.!AA(R5HJWPO MMK?3KO\`,_.:G#F8U,=+%S6[ONM-=+:GZG_\$]?VEV_;%_8K^&OQ*D0I>^*M M$AGOU\L1JM['F&Z"@$_)Y\0%E@E*YAEXYS'*$<>Z5QW_!.C]CH_L`_L8^"_A&?$8\6-X/2[7^UOL'V` M7?GWL]U_J?,EV;?/V_?;.W/&<#W,DE2,X.*_*JE6,,0ZF'>BDW%^CT/T=4G. M@J=5;JS7JM4?R41V,VCWD]G,M5,,42!(X8WNI75%````!P`.E>6$?,:_L#*\1[?"4JS^TD_ MO/Y'S;#^QQ=2E_*VON=A****[SS0HHHH`****`"BBB@`HHHH`****`"BBB@` MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B MBB@`HHHH`,T444`?;7_!$KX^1_LP?$CXQ>.9M-DUBW\,?#ZXU*2S27R6N!'> MVF4#%2`<-Z&OLK_@J+^Q1X:_X*I_LH:+\=?@Y`VK>,;;3OM%GY"^5+X@LD9A M)9R(1_Q\PN'"Z_8) M^-D?A7QAJ-TWPF\77.W4496F70KDC:E[$H/"D[!*%!)1=P5F15/X]Q)EF(6/ MK9I@':K2E'36TH\B;5OZO]Q^P\.9C0EE]'+<:KTZB>O6+N[._P#5CXTM[_RY MI(94>.:)BCHZ[2I'!!![BOJ3_@KAJ#77[6=LTKM(R>#_``Y\QY+9TJW;^9KZ ML_X+U?\`!*6*:WU#]I'X4QP:AHVIH-2\66%G*)5;S<$:I;[21)&^X&4*?XO, M&5,A7XW_`."M&I?\9;6J[C_R)GAIOST:U->IE/$%',\50KPWY9IKJG>%T_ZU M1P9ID-7+L-7H2U3E!I]U[VIX%:2*7&"3FONG_@BW-X6^!/Q/U?XZ>/)S9>&_ M`\MIH-A*/F;^T-2D^SEPH4EEBM/M4K@<[>F3P?@W2Y-Q&>U?IK\8O^"7WQV\ M1?L)_!GP!\._!+:QIMU!+XW\33C6;.S\S5;Q0D,+1W$T1WV]H$C)"D9=@&/- M>KQ3C:/U6."K5%359\K;:5HVO+7;5:?,\?AO"55BI8NE!S]DKI)7NV[+3RW^ M1T/_``2 M37Y6V=_'+D8P37]"OB']D_Q]^U[_`,$=1\+OBAX>CT3XG6_A\6L,PU&>TN8WAN+>1HI4;AHV4X(/T M-?/\!9QSX5Y?4DI.DW&Z=TXWT:>UMTO)(^AXWR>V(6/IQ<542E;9J6ETUWZG MMW[57Q^N?VF_V@O%OCZYM9-.F\5:B]]]C>X^T-:(W"1>;M7>$0*H.U?N]!7Z MR?\`!3_4&LO^#?+X?N&8+)H?A53[CR(#_2OQ5@'G1 M,M&2^A9?P<5Y[89:YV^M=_P##R#=XJTENWVR'_P!#%?9481Y*C2UDM?/2 MQ\Q5FU4IQ;^%JWS:/V1_X.D=9:S_`&?_`(66HXBN->N96Y[I;8'_`*,-?C+X M*TJY\;>*M/T?3H7N=0U:ZBM+:)?O22R.$0#ZLRU^PO\`P=7$#X%_"3G_`)C- M[_Z3QU^5W_!.G6;;0_V[?@U>7TT4%G;^-]':>69PD<*B^B^=BV``O4D].M?$ M<%XN6'R%5(*]E-^K39]?Q?A(U\Y49.R?(OO2/UG_`&WO[._X(B_\$YM"\&_# M!TT[XB?$.X6RU/Q(D0:\N6CA+75RLA`*;2ZQQ#'[M9BRX?+G\9M2\9WU]K\F MISZA>3ZE))YK7;S.T[-ZF0G.??-?KO\`\'5^FW0^'GP:U.-)?L=K?ZI;2R`? M(LDD=JR`GU(B?'^Z:_%VPN&N9#D9(KJX'E"IE_UFHN:I4 M`+ZX-W<>$M7GT[S]N/M$:,?+DQVWIM;_`(%7WO\`\&O&DW*_M3_$.]6*9K.# MPHL$KX.Q9'O(B@/N1&^/]TU\H_\`!;CXCV7C[_@J7\7+_3FE:WM=0MM-?>`K M>=:65O:3=">/-A?'MCITKER:K+`\0XG!T%:DXJ5NB;MLNE[LWS>DL;D.&Q57 M6HFXWZM*^[Z[(]M_X(>_M$0_LT?$7XP^.9=.EU>W\+_#VXU.6S2;R3<".^M! ML#%2%.&]#7VI_P`%1OV+/#7_``51_90T7XZ_!R(ZMXPMM.^T60@7RI?$%BK, M)+.1"/\`CYA<2!!UW*Z?-E=OYF?\$V;IIOAM^TKQ_P`TDO\`_P!+K&NW_P"" M,_\`P59NOV"OC3'X7\8:C=GX3^+KD+J",K3+H5R1M6]B4'A"=@E"@DH-P5F1 M5.&>X#$/'5LVP#?M:4HZ:VE'E5U;^K^IOD>,H+!4LLQRO3J)Z]8RN[._]6/C M6"^VRR0S(\4T3%'1UPRD<$$'N*^I?^"N%^US^UG;/*[2,/!_AWD\MSI5NW\S M7U7_`,%ZO^"4D,]OJ'[2/PIC@U#1M20:EXLL+.42J?-P1JEOM)$D;[@90I_B M\P94R%?CC_@K/J7_`!EM:CC6IKVLIS^CF>*H5Z>CY9IKJG>%T_ MZV/)S3(:V78:O0EJG*#3Z->]JCP"!T<@'H*^Z_\`@BR_A7X#_%+5OCGX[N!9 M>&_!$MIH-A*.6.HZE)]GW@`$LL5I]JE<#G;TR>#\&:9)OV\YK]-OC%_P2]^. M_B/]A/X,^`/AWX);6--NH)?&_B:<:S9V?F:K>*$AA:.XFB.^WM`D9(4C+L`Q MYKU.*L906%C@JU14_;/E;;2M&UY:ONM/F>/PUA:JQ4L73@Y^R5TDKW;=EIY; M_(Z+_@YH_9:7PMXY\)?&33;5VM=?3^P=;=$^2.YB4O;2,*_H1\0_LH>/OVOO^".H^%WQ0\.QZ+\3K?P^+2&.6ZMKK;?V)_T M*X$\!P M!G3>&>`G-2E2;C=.Z<;Z-/:VZ7DD?0<K/]*W+6,,H[UQWAV0LR M]:[*P_U8K]$P4^>.I^>9A#D=D2!0O)S2T45WGF784444"&OTKC?&_P#Q[/79 M/TKC?&__`![/7!F7\-GJY5_&1^P7_!HA_P`D=^-G_8>T[_TFDK]A3W^M?CU_ MP:(?\D=^-G_8>T[_`-)I*_84YYX[U_*G%'_(TK>J_)']39!_N%+T/YOO^"\U MG]H_X*K_`!:)'4Z3_P"F>RKL/^#<#]LH_LW_`+:UY\--7N_)\,_%N-+6+S&" MI;ZK"&:V;D'_`%JF6'`(W,\6?NBN?_X+I0L__!5;XK9#88Z4P_VA_9%B*^+[ MS5M3\!>*M.\0:)?76EZUHMY%?V%[;N4FLYXI`\EFLL'Q!5FNDY?-7L_P`+G]@`!(`Z5YUX:^!]IX2_:5\6 M_$*SBMDF\;:#I>D:D%'EOYFG37KP2G"_O&>/4'1F8@H+:)1N!^3G?V`OVLK# M]M[]D;P5\2K(007.OV"C4K6(C;97T9,=S"!N8A5E5]FX[BA0GK7M![\D5_/5 M6$Z,Y4I*S6C7H_\`-'[W3G"K&-2.J>J^:_X(?WJ_E8_X+.PEO^"D?QK/4GQ+ MT^;%U5_:#"S1N'59$TZ!'3([JRE M2.Q4@\U[T3CIVKX5_P"#=GXMVGQ2_P""5_@JPA:9[WP3=W_A^_#``+(EPUQ& M%Y.1]GN8.N.94'2Q52G+I)K\3ZO+ZRJX:G..S2_(\D\2_ MMV_!+P?XAU#2-7^,/PNTS5M*N'M;RRNO%-C#<6DV"_;])O8;RWDD2+:R^;$S M*2,*#SD5\P?L/_'5OV4_V\?A9X^DN;BTL="\0VRZC+#\S_8)F\BZ`&1G-O)* M,9YK)<"6+"DYK@_B#IYFC<$5^@XK)(46I:TN9&8Y)WS02MSS\W/->J>/\`X3Z9\1_%?@C6;Y[I+OP#K4FNZ:(F M"HUQ)IU[IY$@*DE/)OYC@%3N"'.`0?YIP]6>!Q,N\>9/ULU^9_152*Q5!6VE M9_*Z9UR_=Q^%?S[?\'.'[0MS=_\`!1_PA8Z-NC92 M3MF3[)&_E6P/)QM@CB``)`VX'`KZG@/+WB<9.HUI"+^]Z?E<^;XSS'ZMAZ=- M.SE)?1<0K*FX`D`[7 M&<$CW-?F/_PR6SC&I_$.+P+/-+\I4ZJ\!B+E06\M?LLI M.`<;N!D\^]_\&\OQ]/QS_P""6W@:WN+N[O-3\"3W7A6]>X;>5^SR;[>-#N)V M):36J#.,;<`8`)^F_P!H3]G32/VB]/\`!\>JR2PR^"O%>F>+M/=5#C[393;U M4C(X9"ZY!&"P/S`%6^;A*>7XZ5M'!M?FOU/H;K&82+Z22?Y,]&&%7U-?E=_P M6!YM9U"7Q!?I@^;'%;QF&`9SC:[S3'H3F`=/XOU2``R" M"<5_/%_P7#^.[?'7_@HQXOBAG,VG>"(X?#5H"@788,O<#CK_`*1+/R><8]`! M]-X=Y;];SF$FKJFG)_DOQ=_D?+^(.8?56K[989!^A!!((/#!B""":R-6U(VJD=*YX^ M)'N)Y5BCGG,*-*^Q"WEHO5SCH!W-?T5F-6@X.G6U3W/P'+:-?G4Z-[K:Q^Y? M[#__``<>>!_'VAV.B_&BUN/!GB2%!%+K5G;/"M?N[S_4VMKJ\#W3'I@P[A(#[%0:_E%LO%D-S MT;I4]]JD$L;3E2@!W\?A-I$AD1">@K^LGQ/H-EXM\,ZAI>HP)=6&IV\EK=0MG;+$ZE'0XP M<%217\FNE*5A0@=:_6?"?,:M:C6PE1W4'%KR3OI]Z_$_)_%3`4J5:EB8*SFF MGZJVOXEP]3CI1117[&?CAE^(/]2U=%_P3;_Y2A_`?_L>M+_]*4KG?$'^I:NB M_P"";?\`RE#^`_\`V/6E_P#I2E?%<8_[E5]'^1][P7_OKXV_X M.`+?[7_P23^*\?\`ST;1Q_Y6;&OLH+@YKX^_X+SKG_@E-\4QURVD?^G>RK^< M,CCS9EAX]YP_]*1_06=R<#7\?/B32':V+I MO#+RK#AE(K^C?_@B%_P4%;]O3]CZR;6KD3>/_`7E:)XC+.SR79"?N+UBV2.VM_&6A;]2\,7[(N^"[5#F!F."(9QA'YP# MY;D,8U%?S:>*-#U+P5KNHZ#K=A=Z9K&CW$EC>V=Q&8IK6>-RDD;*>05<,"*_ MKH(&",]*_%G_`(.1/^">)\&^(H/C_P"$]/<:=K$L=EXOB@A'EV=P=L=O>G;T M$IVQ.2,>9Y?):2H\/.)'AJSR^O+W)_#Y2[>C_/U'Q[PZL326.HKWX_%YKOZK M\C\S_P!BRY@TK_@H7\";RZGBM[:U^(?AZ>:65PD<*+J5N6=F/```R2:_K67H M#US7\<-WJ,_A_7-/U6U_X^-,N([J+_>1@P_45_7O\)OB+I_QA^&'ASQ=H[22 M:1XITRVU>Q:0!7:"XB66,D`D`['&<$TO$G#N.)I5NC37W6-?#_$*6&G2ZJS_ M`$-3Q#XAL/".A7VK:K?6FF:7IL#W5W>74RPP6L**6>1W8A415!)8D``9->5I M_P`%$?@`YROQO^$;$>GB_3O_`(]7)M&O=*$I&1$ M9X'BWGKTWYK^3.XBN/!^O7^DZI;R6>I:9&5&*.A!Z$$$&O&X2X M9HYO[15*O(XVV2V=_P#(]+BKB*OE:A*E34U*^^FJM_F?U*_\/$/@%T_X7=\( M\?\`8WZ?_P#'J/\`AXA\`>!_PN[X28_['#3_`/X]7\L=YXBMU4?,N*HQ^*(9 M)>I)K[&7ACA4[?67]R_S/D(>(^,DK_5U][/ZJF_X*%_`3:Q_X7=\),X_Z&_3 M_P#X[7\LG[3C6T_Q0\5S63P264^KWC M;W]3^EC_`((#?\HBO@Q_V#[[_P!.5W7V,?\`5GW%?'/_``0)4+_P2)^#''2Q MOO\`TY7=?8S_`'37X/F:_P!MJ_XY?FS]OP3_`-FA_A7Y(_E)_P""C\._]N;X MWMW_`.$]U[_TXW%?K3_P:;W,`_8&\?68GB:ZA^(EW,\(8>9&CZ;IP5RO4!C& MX![[#CH:_)__`(*)QM_PW;\<8F!W#Q[KK?@=1G(_0U]]?\&FWQ9M=(\=?&;X M?W#2M?ZE:V'B"S4*-C10/+;W!)SUW7%MCC^]DC`S^L\689U,@I3C]E0?X+_, M_+.%,0H9S4A+JY+\S]LV^F:\Z^*7[57PQ^!OB"#2/&_Q%\#^$=5NH1F3U%?BQ_P=0?"N[T?XG?"GXA%9)=+O MM-N?#\I"';;S0R_:$R<=9$FEP,_\LGK\OR'+*>/QL,+5FXJ5]5W2O^A^D9[F M-3`X.>)I1YG&VGJ['ZAC_@H=\`_^BV_"7_PK]/\`_CU)_P`/#O@#_P!%N^$@ M_P"YPT__`./5_+/'K]N(L$K5&[\2P)T-?ILO"_"Q5_K+^Y?YGYM#Q(QC=OJZ M^]G]4Z?\%#O@$3_R6_X2$#ICQ?I__P`>K\SO^#E#]I+X._ M!GB^^TW5[N2Y31=9MK^6UC>!!EQ"[%58@=>"5K\DM)UN&X.!G-.\1$RV;%3V MKTLHX`H8'$PQM.LY.%]&EU37?S.#-..L1C*$L'4HJ*GI>[[H]F_X).?\$]IO M^"F/[8]IX5U"XNK/P1X'/@?\/=*\*>$=$T_P`/>'-"@%O8V%C"(H+=,DD`#N22S,>69BQ)))K\ MPO\`@TV^&-MI?[+WQ7\9(_\`IVO>+X]'E39]V*RLH9D.[/.6OY>,<8[YX_6, M$+W)Q7YIQCF53$9A.E?W8:+UMJ_7H?I/"V!IT<#":6LE=O\`(QO&'CC1_AUX M307W MQ@TPM#G%_VD_A-H?CGP9J9 MUGPOXD@-UI][]FEMOM$88KN\N55=>5/#*#78R',;^P/\J^9/^".?@Z[\`_\` M!+KX%V5W);S37'A"SU(-"Q*[+M?M4:\@?,$F4-VW`X)'-?3+1;/C>37]=K$4XX>*EV/Y16'J3Q$G'N?HK_`,$N_P#@N7XC M_8LT"Q\!^/["_P#&GP[L@(K"6W+G8'8'@["P[@DVNHI;>9<;HY4*.N1D9!P>0:G.KP2QD;ES7Y[F_`V5YC.6(I2=.;WY;6;[ MM=_2WGJ??Y7QGF>7P6'K14XK:][I=K_YIG]>6A>(+'Q/I4%_IM]::A97*[X; MBVF6:&8?WE9201]#5YLX'&3[U_'UX7_:!\8_`7Q$FM^!_%VO^$M6ASMNM(U" M6TDY&""8V&01P0>#WK^B;_@@S_P4/\3?\%%OV,+CQ!XVGTV?QEX3UR;0-2GM M8TA;4%6"":*[:%,",N)BIV@(6B?:!T'Y5Q#PK/*_WBGSQO;:S5_*[/U#(>)( M9C[K@XR];_CH?4_[0OP`\+_M._"+6?`_C+3(=5T#7H#!/$X&^,X^66-B#LE0 M_,K#H17\I7_!0O\`94U/]B[]J+QI\--4FDO'\,7OEVMXRA?MUK(JRVT^%9@" M\,B$KD[6RIY!K^NYL`\DYK^>W_@Z9\%VEG_P4)T:\M+=(9]8\#V-U=NN7T0*^A&)*L,&OC*]) MTZLJ;W3:^X^KHU54I1G'9I/[SQD_\%#?@$'9!\;_`(2;EX('B_3R1_Y&IW_# MP[X!CI\;?A+_`.%?I_\`\=K^9_\`:G^'%S^SO^U1\0_!&J!Q=>&O$%Y9K(R; M/.B$S&*4`@S"N#N]?@$8.Y3FOUC"^&V$K48UEB7:23V77YGY9B_$+& M4:TJ+H*Z;6[Z']3G_#Q#X`_]%N^$G_A8:?\`_'J/^'AOP#8''QL^$K9_ZF[3 M_P#X[7\J;>)X6DZC-;FBWZ7&W&FN;6]L+B.XMKI&P=Z2(2K@G=R":\6 MW88D<'-?M&7X18;#0P\7?E25^]E8_&\QQ;Q6)J8AJSFV[>KN M)11178<(4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444 M`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`+D$\B@@#H>: M.6Y..*Z?X:?!CQC\9;ZZM?!_A+Q-XMN;)!)<0Z-ID]]+;H3@.RQ(Q4$\9-9U MJ].E%SJ222W;T1M1HSJRY*:;?9:GUG_P3#_93\<^.OA!\?\`58_"?BA-,\2? M"W4K/1;LZ9+Y&L77FQRI;VS%0LSN\+)B,M@^_%?!OQ0^&FN?#GQ5=Z'XET35 M?#VMV>S[38:G:2V=U;[T$B[XI%5DW(P89'(8'H:]EOOV#OCE(IQ\&/BR?^Y1 MO_\`XU65+^P#\=GD)_X4G\7"/^Q/U''_`*)KXF->A#%UJ\\53E&;32T5K)+? MF=]-]/N/M%&O/#4J,,/.+IWUU=[N[TLK:[:L^Z?^""G_``5>M/"=I:?L^_%6 MXAG\/ZDS6OA;5+T^9';&3Y3IL^_*^2__`"S)X5F*'*LNSYD_X.$]/3PU_P`% M3?%MO;11VMF=)T@6\,48CBCC6PA0(H'``VX&.!TKRR?_`()Z_'.5?^2)_%L@ M?]2=J'_QFL:Z_P""AEN78;,Y9AAZ\5S)IQ MNK7;3NM=-M5;<^EEF^.Q&`6!Q%&3Y6FI6>R3T:MKOO<]<_X)(?L.^(?VQ?VE M?!TMSX:U6[^'FF:L)M=U)/B#X;\1^&M9\4:C-?VUKK%G/;2_8Q(T5OY8F4%XDCB6)2,K^ MZP.E8^D_\$^_CQ:Q@'X)_%T'_L3M1_\`C-3WG[`'QWE/'P3^+I/_`&)^H_\` MQFO:IU\/]:>*JXFFUR\JCI=:W;OS;MVOIT1X=6G6^K+#4\/-/FNY:ZNUDK6V M2O;7JS[A_P"#7_QCXY\*?&;QIHS^&O$EQ\./%UD93K::9*VF6NIVA4K&UR0( MU9H9G!4$L3Y7RXY'A7_!>O\`8(\2_LX_MM>+/'^C^']6N?A[X\G77FU:"VDE ML]/O;AR+BWFF"!(Y'N`\JJ3RLZ8)(;'@MQ_P3P^.TXP?@G\7#_W)^H__`!FL MZ;_@G)\>?-#K\#_B_@?]29J/_P`9KY]8*A2S6694L5!*2LXZ:[=>;?;6WR/H M/[0K5SCG3R$4NQ2,S$J!D;/:OQAT;]@#X\6R@/\%/B\G^]X/U` M?^T:DU;_`()_?':Y4$?!3XN-C_J3]0_^,UZ.>T:&8SP]:.+A#V33MH[O3=\R MTT_X)YN2XFMEZKTGAI2]HK-ZJRUZ:;J>F7,EI M>V=Y`T-Q:31L4>*1'`9'5@P92`01@U[%^S3\&?%7QJ^(.EZ9X4\-:[XEN[:Z M@FGBTVQEN6M8?.53+)Y:MY<88C+-A1W-0V7_``3Q^/44^]O@C\7Q]?!NH?\` MQFNEL?V"?CG%%M;X*_%K_P`([4/_`(U7NTU@>V8F5HXU9A&#&-SXVKD9/(K\&]"GDM9XYH7>.:-@Z.K892#D$$=Q7N MFM_\$_/CQG?\`!//X\P$;O@C\7@!_U)NH?_&: M^?R"AA(S"K]96'E!Z76KV5NR/THT7]NKX5 M_P#!8?\`8&E^#GQ>\7Z3\.?BMIT=O-IFLZQ-Y.GWM]`A"7:REE0&1/,CEBD( M/[]C&&.W;\97_P#P0F_:3\+-<:A#X7\-ZOX6MT:[3Q+9^+-+32;BS`W"[5YI MXY!`8_W@9D4[>2!7F=Q_P3X^.LL>/^%+?%S/_8GZA_\`&:SE_P"">'QZBEWC MX(_%[_PC=0_^,UA0P='`5)?V?BX1A)WY96DDWORVDFEY.YM7QU7'4XK'8:4I MQ5N:-TVO.Z=WYJQ]_?!_]J[X=?\`!&#]D?Q)H'A3Q;H'Q*^/'CDK-?-H4RWN MCZ`Z1E8$DN!\DWE>9(<+DM(SJP51D_E)XNUN\\7>)[W4]0NIKV_U&XDNKFXE M;<]Q+(Y9G8]R2237LH_8`^/A3!^"'Q=_\([4?_C--_X=Y_'W*8C+$'WXKXJ^)WPWUOX<>*+O0_$VBZKX>UNSV?:K#4[26T MNH-Z+(OF12*K+N1E89'(8'H:]7A_X)_?'*-5/_"E?BX1_P!BA?\`_P`9J*3] M@#X[,P_XLI\7"1_U)^H?_&:Z,'/#TL15JSQ4'&=M-%:RMOS.]UOHOD<>)=:K M2I4X4)IPOKJ[W=]K*WEJS[J_X(*?\%7K3PE:6G[/OQ5N(I_#^ILUKX6U2]/F M1VYD^4Z;/ORODO\`\LR>%9BARK+L^9/^#A/3T\-?\%3?%MO;11VMF=)TA;>& M*,1Q1QK80H$4#@`;<#'`Z5Y9/_P3U^.OP1^+SC_L3=1_\`C->+#+,MPV9RS##UXKF33C=6NVG=:Z;:JVY[LLWQ MV(P"P.(HR?*TU*SV2>C5M=][GKG_``20_8=\0_MB_M*^#I;GPUJMW\/-,U83 M:[JYM)AIVRW19WLVN%`42R#9'L#!@)PW`YKD?^"B>J^.O$O[5OC3Q)\0?#?B M/PUK/BC49K^VM=8LY[:7[&)&BM_+$R@O$D<2Q*1E?W6!TK'TG_@GW\>+2,`_ M!/XN@^_@[4/_`(S4]Y^P!\=Y#Q\$_BZ3_P!B?J/_`,9KVJ=?#_6WBZN)IM'5IUOJRPU/#S3YN9RUU=K)6MLE>VO5GW#_P:_\`C+QU MX3^,WC31G\->)+CX<>+K(RG6TTR5M,M=3M"I6-KD@1JS0S."H)8GROEQR/"O M^"]G[`_B3]G']MKQ;\0-(\/ZK<_#SQY,NOMJT%M)+9Z??7#D7%O-,$"1R/<<_!/XN'_`+D_4?\`XS6;-_P3D^//FAU^!_Q? MP/\`J3-1_P#C->`L%AZ6:RS*EBH)25G'37;KS;[:V^1]!_:%:IELI[\=Z^^/^"^W_!-CXU?MK?M%^#]?^&'@P>*=*TKPX-.N9?[8L+(PSBZGDV[ M;B:,GY9%.0"*_,+3?^"?WQXMH\/\$OB\H]_!^H__`!FHM4_X)\_'JYSCX)?% MYOIX/U`_^T:Z,SP]+$8^GF-'%PBX1Y;.TEK>[NIKN//C)X$M=%\/>%?#-U/8B76[:Y:XU"5H MX+E=79_\$]?C[;,,?`_XO@C_J3= M0_\`C-9/Q!^#7C3X(ZC9V?C7PAXJ\(7=[$9H(-;TN?3I;A`<%U65%+#/&1QF MOI.'\;:;C5Q$:DI;*.B279.4GYWN?/9_A.:,73HRA&-[N6K;;ZNR7DBI')N^ MM.JM:2;\#KFK-?9Q=U<^*G&S"BBBF0-?I7(^-+6OU^/&.V:_&W_`(-M M?CU\//V=_A-\4+7QKXZ\'>$+C5=8M);6+6M:MK![A%@<%T$KJ7`)P2*_3#_A MX3\!6X'QJ^$__A6Z?_\`':_EKBS"5EFU9*+:NM5KT7D?T]PYF%&66TG*:3MU M?F?B#_P78!_X>I?$D?WHM+_]-EK7QGXAT[[1$V1DU]=?\%EO'V@_%?\`X*.> M._$/AC7-(\1Z+?1::L&H:9>17=I.4L+=&VRQLRG:P(.#P5(ZU\M7,'FH9;)YAS@?Z+UR<']R,'<0!U[U_);\+?&^K? M`KXQ>&/'/A^7R=<\)ZE!JEFS2Z=J/B:RM[RP>1`S0RH\BLKH25(*CE:_%?$#A^>'QJ MQ5&-XU-[*]I+T[K;YG[-P/Q!3Q&$="M*TH=]+I_Y'T'DDD'O7\R'_!6?3C<_ M\%'?C+\N-WB*?^2U_09_P\)^`A4@?&KX3D_]C;I__P`=K^?K_@I5XETGQ[^W MG\4];T34]/UK2=4UR6>UO;"XCN+:ZC(7#QR(2KCW!KL\+L+/^T*OM8V3AUTZ MHX?$K%PEE]/V4KOF6VO1]CUW_@WH_;FM/V1OVI=0\`>)[V.R\(?%)HH%NIVV M0Z?J<>X6[$X.$E#&(G@;FB)("FOZ"P>.N`:_D5U715N2"HRU?JC_`,$L?^"_ M4?PS\,:=\//CS<:C=V&GHEOIGBY(VN9HHP0!'>HN78*.DR!FP`&4_?KOX\X, MJSJO'X)OV&H_&CQKHGA'1. M);C2_#[G4-5D`<`PF5T%O`63<1(IGQQE#D[?T$_:;_X(D_"[Q+^PG>?#'X<> M';'P_KFAC^U=$U-@)+RZU%(BN+FX8AF6YIBH2PS;<6FK:1375]/ MO/.Q^%R;+\-)8E)*2:=]6UV2W^X_%K5?#][X7U6\TO4K::RU#3YGMKFVE7:] MO*CE61AV(*L#7*>+M/\`/AD!ZUZ-\3_B9K?QL^(VL^+?$M\-1\0>(+E[R^N/ M*6+S96/)"H`JCT```KDM2LQ.A!!)K^E>24\.HU;*5M4MK];>5_(_G+G4,0Y4 MKN-W:^]KZ'Z^_P#!J7\_9R^(WPRN&5;[PCKR:W;YF&Z2VO8@A14ZX26U M=F8''^D(,#^+]8\8;)/6OYU_^""7[06D_LL_M]QS^(=7TC0/#7B[0[S2=1U# M5;I+2TLRJK=1R-*[*B$R6XC&X\^;@?,17[B#_@H9\`RH)^-?PE'M_P`)=I__ M`,=K^:.-,GJ8?-)J$6XRM)6UWW_%,_HSA/.*5?+H<\DG&ZUTVV_"P[]O;XT_ M\,^_L:?$KQA'=36=UI.@77V&:$[9([N1##;$'(Q^^DCY[=:_EJUS3O-LV&*_ M;#_@O3^W;X!^('['5CX,\!>/O"WBV]\3:[;G48M#U>"^6.T@5ICYOE2-@&86 MY4,,':?[M?C1>VIGC"@XK],\,LJ=++JM:HN64Y==-$K+?S;/SCQ&S7VN84J5 M-WC!;K57;U_!(_2K_@T[^,9T7XA_ W#RN-1M+3Q-9+O\`DC\F0VUP=OJW MGVW/^QSVK]M.H..M?S.?\$@OC/I_[+W_``4:\!>*-7OK?3=!NYI](U2ZN+E; M:WMX+F%XA))(Q"I&DIBD8L<83J.M?T`#_@H;\!"@S\;?A,#_`-C=I_\`\=K\ M]X[RBI0S24H1NII/17UV_2_S/T#@S.*5;+HQJ22<6UKIV?ZG=_%[XAVWPA^$ MWB?Q9?J6M/"^E76K7"@["T<$+2L,G.,A#S7\L/B_Q;J/Q`\6ZQK^JW$MYJFO M7LVH7+K MZTTJ6'1=WMMYGDE*1.Q"$0^421C]Z!U(K\157"GIS7W_A1EGLI:? M]I5N,U^JG_!/K_@X4\/?!KX<>&/A]\1O`0T;1?#MK%IEIJ_AD&2&*&.-45IK M60[MQ(+/)'(VXMD1YZ^AX@X+'UL)R8*+E=^]9ZVWT5];OL([R0RS-I,`NM)F9BQ=C9, MZ",G(`$,D:`+]SO7YM?&?_@V=_:J^'6HK#X*Y7*7113TO]_P`VV=5&CA,L MHRDY*,>K;7_`$_X*O?M0Z7^RQ^P_XWU*ZN(1J_B&PFT#1;4OL>YN[F)HP5P# MD1(7E;H"(MN02*_G!M(S&AKWK]O_`/X*!>,?^"@_Q=77=?"Z9H.F;XM$T.&4 MO;Z7$Q&220/,F?"[Y<#.T`!5"J/"E`C9B.0:_H#@+AMY1@FZ[_>S=Y6Z=E\N MOFWJ?@/'?$']JXM*BOW<%:/GKJ_GI;R04445]YSQ[GPBIS[&=K@)@;CDUT__ M``32_,_J:&>"2>:^0/^"\2D_\`!*OXI9/5](_].]E7K0_X*&_`/`)^-?PE MSZ?\);I__P`>KY?_`."RG[7_`,)OBU_P3;^(F@^%_B=\/O$FN7QTPVVGZ;XB ML[R[N-FIVDC[(XY"S;45F.!P%)Z"OYOR#"UEF>';BU:I#I_>1_0.?8RB\MKQ MC--N$NODS\'[RT$UH!SFO:O^"47[;22MX,\0C^P_$\"8_ MX])6!6X&0?F@E"2\1L,<&OZ9UL%B(U8733N?UQ:=J4&KZ?!=6L\-S:W*++%+$X=)589#*1P01R"* MPOB_\)]"^.?PPUWP?XEL8=2T'Q):26%];R*")(W7!(ST<=58_%;QMX<\+ZS\/=EEI=_KNK1V:ZMIS9\I`\[JK208\K`/^ MK6+C[QK[@/\`P4,^`A!_XO=\)2/^QNT__P".U_+F/RG%8'%RH.+O!Z-=>J:: M^\_I;!YMA<9AHU>96DM4[77=.Y_-;^W%^QSK?[%_[2/BGX=:T7N3HMR6T^]9 M`B:E9/\`-;W``+`%X]NY03M?>N-I\1/@++\#?$-]'#XH\!>9 M<:(LKX?4M,DD+E5R.6@D<@C.=CQX&%;%/_@NM:_`_P#;"^`5IXO\)_%'X7:G M\0?`6YK>WM/$UA)1D;$L:9/_+55&Z6OR!\`>,->^#?Q`TOQ M5X5U2]T3Q%H=PMU8WUJ^R6%U_1E(X(.0P8@@@U^OT<&N)]2EKIKH^GJG]Y_6F<\`'(-?E?_P5U_X-Z9?VN_B5 MJGQ0^#^L:/X;\;:OB;6-%U%##IVL3*F#<1RQJWDSOA=P*%9&)=F1BS-WG_!/ MG_@OY\/?CYH.G>'OBM=VGP\\=1@0O=7)\K1M3;@"2.<+*7 MP/\`=K[<_85_X-6M/\#Z_;:]\>?&5IXH>SF#Q^'/#9FBL)]I4@SWZG=_BW]QRT^'Y^)^A:IX*^#.GS:=HVH12VE]XCU&%?M- MY"Z[&6W@8$1`@D>9)E\'A4(S7Y9W^G+.I7J#WK]CX)P.80RSV.8JVONW=Y6? M?MKMK?ND?CW&.-P#S-5LM+K31]=-^A_0/_`,&]OC&P\5?\$G_AI:VE MPDESX??4=,OHESFWF6_N)`C9[F*6)^.SBOMHCY<$\6P:GJ7PT\5R_:KF.R`DGTB\"J@NDB8C>'1$CD4$'"(PW%-C?NG\$?VN M?AG^TEI5K=>!?''AOQ-]JC,B06E\ANE`Z[X&(EC([AT!'I7XWQ9D.)P..J2E M%N$FVI6TUULWW1^N\,9YA\;@X1C)<\4DUUTTO;S/QK_X*M_\$2/BWIO[1WQ6 M^*OA.TT[7_`&J/?>,+B?[?'%=6&Y7N;J)H7(9RKB0IY>[6,RF.XC&>-WEL2N>CJA[5_4'\6/B3X M*\`^')H?'&O>&-$TO58I(636[V"W@NX]H$B$3$*ZX;##D8;GK7\M7QA\!Z9X M2^)OB/1]'U*SUK2=-U2YM;+4;9]\%[`DC+',A(&0R!2/]ZOT+@C'5,XP=7`8 MQ7C&*2=K75FM7M='P?&.$AE.+IXW"/63;:OLU9JW6SU/ZH_AS\2-$^+O@72/ M$WAK4[;6-"UZU2]L;V`[H[F%URK#."/<$`@Y!`-<1^V7^R)X2_;C_9[USX<^ M,X';3-659(+N`+]JTNY0YBN8&8';(K?]]*SH0N#U:(D*QY!5LD_N'^S1^W/\` M"K]KS1;>[\`^-=&UJYF3>^FF<0:C;X`+"2VDQ*N,_>V[3V)%?GF><-XW)L1S M*[BG>,EZW5VMFC[[)>(<'FN'Y7;F:M*+_&W='X8?M"?\&R?[2?PT\77-MX&; MPW\2=!8LUI>6^HPZ9<[,D*)H+ET5)"`"0DDB\_>J3X"?\&NO[1WQ,\0)_P`) MOJ/A#X<:3'/<L]^-4O&C)^9H8;;2P&>I']%F01R0:J7]_!I=G M-``.IJ_\`73,W3]GS*_>VO^7X%+A7+U/F47Z7 MT_S_`!/CC]E3_@A?\"OV7O@IK?A5]&?QEJOBK39--UG7M:2.2\F22,*ZVZA= MELH8;DV`NIQEW*@U^&7[=/['NM_L5_M$>)/AYK+2W2:7.9=-O638-2LGR8;@ M`$@;E^\,G:ZNN>*_=3]K_P#X+>?!3]EO3[JTTO6[?XB>*8U_=Z9H-PLT*M_T MVNQNAC`[@%W']ROQ4_;@_;>\:_M\?%*/Q3XR>RB%C`UKI=A90B.WTZ`L6\L$ MY:0DG)9B2?88`^\\/:&<3Q$\1B;^RFKMRT;?1Q3_`.`ON/@N/:^5PH0HX=KV MD7HHZI+JF^GYGW]_P:G?&&%/AU\5_AK/3M.0/F./N'*^&QLL9"-Z<[-M=':SOVOO?S/I>".(* M.*P<<+-VG#2SZKI;O8^9/^"]O_!'KQ/_`,%"=*\/>.OAK+=,\$: M%=:KK.HV&E:98Q^;<7=[<)!!;K_>=V(51[DU\[@N),=A\.L+2::V6C;7IT^] M,^BQ61X2K7>)FK/KK9/U,7X'_"+2_P!G_P"#'A'P)HLMY-HW@K1++0;![MP] MQ)!:P)!$TC*J@N4C7<0H!/0#I76$`Y`[BOS7^/?_``<:_#_X>_M1^&O"WA>R M'BCP`EUY'B;Q-&KA8@XVJUFO!E6)SN=BN'"E4!X<_H)X=^+/AGQ=\-;?QEIF MOZ7>^%+FS.H)JL=TGV/[.H+-*9"=JJH!W$D;=ISC!KBQN4XS#1A4Q%-Q4]5? MKZ]GUL]3HP>9X3$.5.A-/DT=NG_`\S^:'_@I3^PEXE_8(_:2UOPUJ%I<2^&[ MZXDN_#FJB,^3J-FYW*-V`/-C!\N1>S+D94JQQO\`@EA^PY1T,KE(0>WFY[5]&_\`!8[_`(*;7G[>/Q0/ACPU M"-'\6Z9XK\E=29I6M=3ACB#[4@G^90F9-S(8SN*CYEZC]UE1S6MD*;C^ M_P"7:Z7HW>R3MK;N?B\,3EM'.VE+]RI;VOYVTO=7TN?MI^V=_P`$IO@E^W=H MD4'C;PC!;ZS:PK;V>NZ/BPU2SC4*`@D52KH%7:J2JZ*&.U0>:_*K]IS_`(-5 M?BGX*N+F\^$WCWP_XVTU8O,2QUL-I6I!BQ'EHRAX),+M.]GASR-O`S^E?[,_ M_!;/]GW]I2SM(/\`A,X/!6O7`^;3/$X&GO&P&2!,Q-NV>0,2;C_=&0*^K]-U M.VUS3;>]L[F"ZM;N-9H9X7#QS(PRK*PR""#D$=:_&Z69YME4O92O: MBJ%(;B_FCBC?R5/*Q+'#$BYY;9N(!;:/IWMD$5PWQJ_:*\"_LX>&AK'CGQ7H MOA>P=6:-[^Z6)[C;C<(D^_*1N7Y4#'YAQ6699[CR3NWTZM_<;X+ M*L+@$YQ=EW;5E^".QO+N*RMY9YI%BBA!=W=@%0`9))/0"OYG/^"M'[0>G_M? M_MQ^._%^CRK/H!GCTO2I5)*SV]M&L(G&54XE97E`(X#@%;X/:ZIXBE5X+O6(#P8H(R`\,+C.XM^\=6VE8QN#?F@]N M&0]S7ZOX><(5<(I8_&KEE)6C'JD[-M^;MHMTMS\IX^XMIXEQP6#?-&+O*2V; M6R7=+J]NQ^EO_!LW^W7:>`-?UWX`^)[V*TAURY?6?"TLTFT/=%56XLP<=75! M*@R.4E'+,!7[4X(8\@X_.OY'8X[O0M7M=1TZYN+'4;"5;BUNK>0Q36\JGQU,`8#7(09AE MZ98*8V^\3'T/A<=<&5H5I8_!+F4OBBMT^Z76_6VI[_!7&%*=&.#Q;Y9+2+>B M:[7[]CTK_@L-_P`$-M-_X**ZK#XX\&:U8>#OB?8VJVDLMW"W]GZ[$A_=K!_B#H7Q,\/0:MXGENF?8XSA[`XJI[:2LWK=6U\]C\0OV,/^#4G7'UNT MUCX[>.K&VTY!'*V@>%'>6XG+*28YKN5%6+:VP,(HY-PWA9%X8_4__!5G_@C[ MX-\;?L96:_"?PGI_A[Q!\*[>6ZTNRTZW'F:K:<-<6SN3ODDP/-1F+L74KUD) MK[I^*WQN\(?`SP]_:OC/Q1H7A;3B&Q<:I?16JOM&2%WD;FQV7)]J_-/]O#_@ MXITS2["\\.?`FT;5-1D^1O%&I6I2TMNH)M[9P&D;IAI0%']QZ]7)\7GV8XZG M6P[;<9)]HKO?IM=/=VV/)SJADN!P52EB+)25N\GVMUW]$?D#:!@@5N]3`X.< M9JQJ>J7.O:M=:A>2OSEV"BBBCG7SEV"BBBCG7X>SEV"BBBJ3OL)IK<****!!1110`4444`%`."#Z444`*O;_P!B'_@H M%XS_`."?WBW7-;\&:;X"@BFB.C)QDMFC[YO/^#FOX\VY'_%+ M?"4D_P#4+O\`_P"3:H/_`,'0OQ\1@H\*?"+G_J%:A_\`)M?$_@7X#^-/C3>W M%KX0\)>)_%=Q:H9)8]'TJ>^>%00"[")&(&6`R?[P]:YKQA\.-5\"Z]<:3KFE MZCHVJ63M%<6M_;26UQ`RDJR-&X#`@A@01UKX2IPED;J.E"C'F72[O]US[FEQ M1FZ@JDZLK/K;3[['WZ/^#H7X]C_F5/A'_P""K4/_`)-I/^(H7X^=#X4^$`'_ M`&"]0_\`DVOSM_L8]".*[?PO^RA\1?&W@^X\1:'X`\;ZSX?M%=Y]3LM#N[FR MB5%#N6E1#&`JE6.3P.3Q6=;A'):2YJM**7FVOU-:/%&:5':G5D_17_0^W?\` MB*#^/O`/A/X1?^"K4/\`Y-IH_P"#H7X^CG_A$OA'_P""K4?_`)-K\[GT-H79 M'5U=3M8,/F4UL^"/A+KWQ.\36^B>&=$UCQ%K5X':"PTRSDN[F8(I=ML4:LQV MJ&)P.`I/2G4X,R>$'4G122\W_F*'%F9N2@JK;/OG_B*&^/G_`$*7PC_\%6H? M_)M-;_@Z&^/XX'A+X1?^"K4/_DVOC?Q9^P[\7?`GA^[U?7/A3\1]&TFQ3?=7 ME]X9O;>WMUR!N>1XPJC)`R37FQT=2HPO`K/#\)9)73=&G&279W_4TK<3YM2: M52I*-^ZL?HB/^#H7X^G[WA'X0G_N%:A_\FTI_P"#H7X^CIX2^$)/_8*U#_Y- MKX<^%_[,WCOXVB]?P7X(\6>+QII071T31[C4!;%]VSS/*1]F[:^,XSM..E'Q M/_9D\>_!.UM)_&?@?Q?X3BU%F2V?6M%N=/6Y*X+!#*B[R,KG'3<*E\*Y%[7V M/LX\W;FU^Z]]M?0?^LN;\GM?:2Y>]M/OM8^X4_X.AOC\*ZGX:_L\>,_C/=7%MX.\'> M*/%<]JADFCT;2I[YH5!`RPB1B!E@,G^\/6M:O!V3TH\U6BDN[;7ZHSI\59G4 ME:%9M]EK^A]UR?\`!T)\?!R/"7PB_'2M0_\`DVFK_P`'0OQ^;@^$OA%_X*M0 M_P#DVOS_`/%'P\U/P/KUUI6MZ9J.CZI82M#'QT4`GX+?%H`]/\`BD;_`)_\ MA5YEJ_A"[\/ZK<6-_;7-E=VCF*>"XB,4L+CJ&5L$$>AK"APOD5:3C1IQE;M* M_P"IM4XDS>E9U*DEZJWZ'Z#_`/$4-\?Q_P`RC\(O_!5J/_R;3E_X.A/CX_#> M$_A%S_U"M0_^3:_.PZ+Z`YK1A^'FJ7/AFYUF/3KV31[.>.UGOE@9K6&>17:. M)I0-HD=8Y"JDY(1B.AKHEP9E$%>5!?>_\S&/%N9RT59GZ!#_`(.@OCT/^94^ M$6/^P7J'_P`FTG_$4/\`'WOX2^$1_P"X5J/_`,FU^=IT4GJ*['X9?LP^/?C3 M;7<_@WP/XP\6PV+JER^BZ/&[VTM;920H+R M21JJ#)`Y/4UYQ_8Y/0'%30X2R6LN:A2C)+L[_J.MQ/FM)I5*LEZJWZ'Z*#_@ MZ$^/AX_X1+X1<_\`4*U#_P"3::W_``=#_'WD'PE\(_\`P4ZC_P#)M?%&M_LC M_$SPYX`7Q=J/P[\=6'A9K>.Y76KK0;J&P\F3:(I/M#((MC[DVMNPV\8ZBN&. MC$@<9-.CPCDM5-TJ47;31MZ]M]QU.*&]? M\3ZFH+FTTFPFO9P`"2=D:LV,`GI_#5;QM\*M=^&OB&?1O$>AZOX>U>V_UUGJ M-K+:7$6?[T;A6'XBG_JADW/[+V4>;>UW?[K[>8O]:,U4%4]I+E[VT^\^^U_X M.A/C^_7PE\(B?^P5J'_R;2/_`,'0GQ^'`\)?"(D?]0K4/_DVOSN.A<$@<5U7 MBW]GGQGX`\(Z5X@UWPAXHT70->1)-,U*_P!*GMK/45:,2*89I$"2AHR&!0G* M\CBG/@_)H-0G12;VU>OIJ*GQ5FDDY1JMI;^7J?QMTT.WN+>*2-I#(2 MPFFE).3V(X[5YKI/[/?C/7_A[?\`BZR\(>*;[PGIK&.[UJWTNXETZV<;G!8??'J*YJWTH@M?!G]M7 MQ]\!?!?]@^'+^PM],$[W&R6SCF;;4,OQCK8B_*TUHKZMH_66BOS$_X>??%K_H+Z9_X+(O\*/\`AY]\6O\`H+Z9 M_P""R+_"OA?]2\?W7WL_2EX@95_>_P#`?^"?IW17YB?\//OBU_T%],_\%D7^ M%'_#S[XM?]!?3/\`P61?X52X,S#^9?>Q?Z_93VE_X"?IW17YB?\`#S[XM?\` M07TS_P`%D7^%'_#S[XM?]!?3/_!9%_A2?!>8/=K[V"X_RE;*7_@)^G=%?F)_ MP\^^+7_07TS_`,%D7^%'_#S[XM?]!?3/_!9%_A0N"\P6S7WL'Q_E3WYO_`3] M.Z*_,3_AY]\6O^@OIG_@LB_PH_X>??%K_H+Z9_X+(O\`"G_J9F/\R^]@N/LI M[2_\!/T[HK\Q/^'GWQ:_Z"^F?^"R+_"C_AY]\6O^@OIG_@LB_P`*A\$8[^[] M[_R*7B%E?][[O^"?IW17YB?\//OBU_T%],_\%D7^%'_#S[XM?]!?3/\`P61? MX4X\%8];-?>Q/Q`RI[\WW?\`!/T[HK\Q/^'GWQ:_Z"^F?^"R+_"C_AY]\6O^ M@OIG_@LB_P`*K_4W,?YE][)_U^RGM+_P$_3NBOS$_P"'GWQ:_P"@OIG_`(+( MO\*/^'GWQ:_Z"^F?^"R+_"D^"\P>[7WLI>(&5+;F_P#`3].Z*_,3_AY]\6O^ M@OIG_@LB_P`*/^'GWQ:_Z"^F?^"R+_"A<&9AW7WL3X^RGM+_`,!/T[HK\Q/^ M'GWQ:_Z"^F?^"R+_``H_X>??%K_H+Z9_X+(O\*'P7F#W:^]C7B!E2VYO_`3] M.Z*_,3_AY]\6O^@OIG_@LB_PH_X>??%K_H+Z9_X+(O\`"A<&9@MFOO8GQ_E+ MZ2_\!/T[HK\Q/^'GWQ:_Z"^F?^"R+_"C_AY]\6O^@OIG_@LB_P`*?^IF8_S+ M[V+_`%^RGM+_`,!/T[HK\Q/^'GWQ:_Z"^F?^"R+_``H_X>??%K_H+Z9_X+(O M\*A\$XY[N/WO_(M>(65K;F^[_@GZ=T5^8G_#S[XM?]!?3/\`P61?X4?\//OB MU_T%],_\%D7^%./!6/6J??%K_H+Z9_X+ M(O\`"C_AY]\6O^@OIG_@LB_PJO\`4W,?YE][(_U^RGM+_P`!/T[HK\Q/^'GW MQ:_Z"^F?^"R+_"C_`(>??%K_`*"^F?\`@LB_PH_U-S'^9?>P_P!?LI[2_P#` M3].Z*_,3_AY]\6O^@OIG_@LB_P`*/^'GWQ:_Z"^F?^"R+_"C_4S,?YE][&N/ MLI[2_P#`3].Z*_,3_AY]\6O^@OIG_@LB_P`*/^'GWQ:_Z"^F?^"R+_"I7!6/ M[K[V/_B(&5?WO_`?^"?IW17YB?\`#S[XM?\`07TS_P`%D7^%'_#S[XM?]!?3 M/_!9%_A5?ZFYC_,OO9/^OV4]I?\`@)^G=%?F)_P\^^+7_07TS_P61?X4?\// MOBU_T%],_P#!9%_A2?!>8/JOO92\0,J_O?\`@/\`P3].Z*_,3_AY]\6O^@OI MG_@LB_PH_P"'GWQ:_P"@OIG_`(+(O\*%P9F"V:^]B?'^4O=2_P#`3].Z*_,3 M_AY]\6O^@OIG_@LB_P`*/^'GWQ:_Z"^F?^"R+_"D^"L>]W'[W_D./B#E2VYO MN_X)^G=%?F)_P\^^+7_07TS_`,%D7^%'_#S[XM?]!?3/_!9%_A27!..6SC][ M_P`AOQ"RM[\WW?\`!/T[HK\Q/^'GWQ:_Z"^F?^"R+_"C_AY]\6O^@OIG_@LB M_P`*O_4S,?YE][(_U^RGM+_P$_3NBOS$_P"'GWQ:_P"@OIG_`(+(O\*/^'GW MQ:_Z"^F?^"R+_"D^"\P>[7WLI>(&5+;F_P#`?^"?IW17YB?\//OBU_T%],_\ M%D7^%'_#S[XM?]!?3/\`P61?X4H\%8];-?>PEX@94]^;_P`!_P""?IW17YB? M\//OBU_T%],_\%D7^%'_``\^^+7_`$%],_\`!9%_A3?!>8/=K[V"\0,J6W-_ MX"?IW17YB?\`#S[XM?\`07TS_P`%D7^%'_#S[XM?]!?3/_!9%_A4_P"I&._N M_>_\BO\`B(65_P![[O\`@GZ=T5^8G_#S[XM?]!?3/_!9%_A1_P`//OBU_P!! M?3/_``61?X52X,S#NOO9#X_RGM+_`,!/T[HK\Q/^'GWQ:_Z"^F?^"R+_``H_ MX>??%K_H+Z9_X+(O\*'P7F#T;7WL%Q_E2V4O_`3].Z*_,3_AY]\6O^@OIG_@ MLB_PH_X>??%K_H+Z9_X+(O\`"I7!&._N_>_\BO\`B(65_P![[O\`@GZ=T5^8 MG_#S[XM?]!?3/_!9%_A1_P`//OBU_P!!?3/_``61?X4WP5CWNU][$O$#*EMS M?=_P3].Z*_,3_AY]\6O^@OIG_@LB_P`*/^'GWQ:_Z"^F?^"R+_"J_P!3,P_F M7WL7^OV4]I?^`GZ=T5^8G_#S[XM?]!?3/_!9%_A1_P`//OBU_P!!?3/_``61 M?X5+X*Q[W_\AOQ"RO^]]W_``3].Z*_,3_AY]\6O^@OIG_@ MLB_PH_X>??%K_H+Z9_X+(O\`"K_U,S'^9?>R/]?LI[2_\!/T[HK\Q/\`AY]\ M6O\`H+Z9_P""R+_"C_AY]\6O^@OIG_@LB_PH_P!3,P_F7WL:X^RGM+_P$_3N MBOS$_P"'GWQ:_P"@OIG_`(+(O\*/^'GWQ:_Z"^F?^"R+_"H_U(QW]W[W_D5_ MQ$+*_P"]]W_!/T[HK\Q/^'GWQ:_Z"^F?^"R+_"C_`(>??%K_`*"^F?\`@LB_ MPIQX*QZV:^]BEX@94]^;_P`!/T@^)6J3:%\.O$%]`RK<6>FW$\3,H==R1,PR M#D'D=#7Y?_\`#=_Q(_Y_M`_\)^Q_^-5KZW_P4F^*OB+1;W3[O5-,:UO8'MY5 M73HE9E=2IY`XX->"%<'VKZ?(.'98:,UC$I-VMUV]3XWBGBJ&+E3>7SE%)._2 M^UMM^I[)_P`-W_$C_G^T#_PG['_XU1_PW?\`$C_G^T#_`,)^Q_\`C5>-Y'I1 MD>E?0_V9A?\`GVON1\G_`&WCO^?LOO9[)_PW?\2/^?[0/_"?L?\`XU1_PW?\ M2/\`G^T#_P`)^Q_^-5XWD>E&1Z4?V9A?^?:^Y!_;>/\`^?LOO9[)_P`-W_$C M_G^T#_PG['_XU1_PW?\`$C_G^T#_`,)^Q_\`C5>-Y'I1D>E']F87_GVON0?V MWC_^?LOO9[)_PW?\2/\`G^T#_P`)^Q_^-4?\-W_$C_G^T#_PG['_`.-5XWD> ME&1Z4?V9A?\`GVON0?VWC_\`G[+[V>R?\-W_`!(_Y_M`_P#"?L?_`(U1_P`- MW_$C_G^T#_PG['_XU7C>1Z49'I1_9F%_Y]K[D']MX_\`Y^R^]GLG_#=_Q(_Y M_M`_\)^Q_P#C5'_#=_Q(_P"?[0/_``G['_XU7C>1Z49'I1_9F%_Y]K[D']MX M_P#Y^R^]GLG_``W?\2/^?[0/_"?L?_C5'_#=_P`2/^?[0/\`PG['_P"-5XWD M>E&1Z4?V9A?^?:^Y!_;>/_Y^R^]GLG_#=_Q(_P"?[0/_``G['_XU1_PW?\2/ M^?[0/_"?L?\`XU7C>1Z49'I1_9F%_P"?:^Y!_;>/_P"?LOO9[)_PW?\`$C_G M^T#_`,)^Q_\`C5'_``W?\2/^?[0/_"?L?_C5>-Y'I1D>E']F87_GVON0?VWC M_P#G[+[V>R?\-W_$C_G^T#_PG['_`.-4?\-W_$C_`)_M`_\`"?L?_C5>-Y'I M1D>E']F87_GVON0?VWC_`/G[+[V>R?\`#=_Q(_Y_M`_\)^Q_^-4?\-W_`!(_ MY_M`_P#"?L?_`(U7C>1Z49'I1_9F%_Y]K[D']MX__G[+[V>R?\-W_$C_`)_M M`_\`"?L?_C5'_#=_Q(_Y_M`_\)^Q_P#C5>-Y'I1D>E']F87_`)]K[D']MX__ M`)^R^]GLG_#=_P`2/^?[0/\`PG['_P"-4?\`#=_Q(_Y_M`_\)^Q_^-5XWD>E M&1Z4?V9A?^?:^Y!_;>/_`.?LOO9[)_PW?\2/^?[0/_"?L?\`XU1_PW?\2/\` MG^T#_P`)^Q_^-5XWD>E&1Z4?V9A?^?:^Y!_;>/\`^?LOO9[)_P`-W_$C_G^T M#_PG['_XU1_PW?\`$C_G^T#_`,)^Q_\`C5>-Y'I1D>E']F87_GVON0?VWC_^ M?LOO/0_B7^U%XP^+?AK^R-;N=,ELA*L^VVTFVMGW+G'S1(K8YZ9KSL9/`I<[ M>H%!()X&*ZJ-&%*/+322[+1'%B,35K2YJLFWW;N)1116ISA1110`4444`%%% M%`!1][.[()HI).AJ9K1HJ#]Y'UK_`,%C;&+X+_&WP_\`";P[*;;X>^"?#UB^ MD6]MA;?4);B!9)]0;:<2RS/]Z3GB,`'`KY4\8?$_5O'ND^'[#5;R:\M_#%@V MG6'F2,[10-/-/L^9C@!YGP!@8[9R3ZWXI_;)TWXQ_#CPSX<^+7A&\\8R>";( MZ9HVN:3K*Z/K$-F&4QVLTTMO]#[6C4GK=[W MN]6[KJT?9YI.->I.OAY^[*WNZII:66UK*UE9GLO_``3H^&.@_&?]MCX9^&O$ M=O!=:)JFMQ"[MY1F.ZC7+^2W(XZCH7B30/ M$5Q#8K;RR6TNA"VG:."W@&0T*0)&L:*,;0F*\U\`>.-4^&OBS2M?T2^GTW6= M$O(KZQN8#A[>:-@Z./H0.M>J?%[]J7P-\;_&^I>./%GPRO;GQQJDZWE\VF>( MQ8:'J$^%WRS6;6TD^92'9Q%=1`E_E"]ZQM*I'&+$S5E;5)NZ=[7TU/4_^"S>CZ8?C'\-/&,-I:V/B'XG_ M``[TGQ1XAAMXDA2:_G$JRS;$``,GE_-ZLI/4FOF/X.W"0_%#PQ(C.DL>JVK* MRG:RD3+@@U4^/_Q]\1_M*_%;4/%OB>XMY=2O0D206L0@M;*"-0D-O!$.(XHT M`54'0>IR:E^"7BO1/!7Q$T?6/$6D:EK^EZ7<+=26%EJ2:=-<.GS(//>&8(-X M4M^[)*Y`*D[A&5TJF&RU8:;YI1C:R_!*]MME=K1="\RJ4Z^8?6(^[%R3O]VK M2[[Z'Z7?%G7-5_9M_;>_:B^.^DW=MKR>$&?0[[PI`9&FG%];PQ0W5\CJ(VL$ MD^8[#*QDB12B*WF#\JHKQ'."P%?6>N?\%2;;3/VX_$'QBTGP!D;3B.+S,=CY:\=AZ6>U*&+@G1GHI3=K/6[O=-KJK*W1K8^P_^",,A3]L:94=E$GA M+7E;G[P^P2G!_$`UR7B7X_\`AWX;_P#!/VX^$EGXE3QEJWBCQ);>)Y3:V]U% M8>&DB@:,P`W,<;/&*,Q!5&)),_+C?L#?M9>'OV.OB/?>+-5\&:IXQU* M?3[C3;..#Q`FEV]O%<1/#.SJ;69I&*,-A#(%YR'R-OA7CJZTV]\17DVD6U_I M^E2SLUI;7MTEY\$:;J6GP0*R6^IW5TC/<:@021)++(-C2<\0A?X:^,=+1MY`? MD5]!>)/VPM+^,_PY\)Z#\6?"^I^+9/`VG_V3HVLZ-K<>CZHMD"#';7$LMM=1 MS11?/L_=*XW\N:[,="JZ]#$PCSQAS75U?5*S5VE=:K?9LX<%.E&C6P\GRRER MV=GLGJG9-ZZ/U1Z_\8+[_A=G_!%SP1XV\43/?^+/`_C^3P9I.ISD/=2Z8UF; MD6K2'YI(XVW;`2=BJ57`KXNMI4SGCBNQ^-7[3.I?%3P3X8\&VEA:^'O!'@WS MFTG2;5R^Z:9]TUU&] M3E3Q/<6DTTI2XN'AO[:3R;7)6,W+*A$2RR1(S84R+FOB[]O_`/::O/VJOVOO M''CC4M#/AN[U2\2W;3&R9;-;:%+94D)ZRA(5W]!NS@`8%=Q\?OV^-#\<_`CX M0^$?!G@_Q/X)U3X*W=S<^'=9D\6QWTX:>=+AWD2.Q@S(LL2&-D9`O.5;((\O M_;?_`&I]`_:_^*T/C>Q\#'P5XIU2!#XF:VU1+FPUB[$<:FZAMQ;Q&W>1E=I` M9)=Y<'(8,S^!E&'Q6&Q*JUJ=D_:):QO'FJ.6MF[J2:75IKSN>WF5?#XG#NG1 MG=^XWO9V@H]5HTT^R=S@K$I.N!G-?IO^Q1^RSXL^)/[*_CKX$:I\/-?L;#QO MX4@\9:/XEN]`F%HVO+LN+>*.\:-8T5[5H8CNDPK)<`$&5D/YL_!;Q%H7ASQS MI=_XGT>^\1:%:2^9=:;::BMA)>``E4\]X9@B[L;OW9++E05)##UGP)^UKH_P MO_;>L/C%;>'_`!-=6>G:U_;L6ER^(X1>S3GYW22\6T"O$\I?<@MU/EMLW;OW ME>SQ#1Q.,H.GAE9Q7.GI\46FDO>6MT[MIJQY.1UL/A*W/6=U)\K6OPM6;>C3 M]$[Z'BT^+*[EAFB>&:%BCI(NUE(.""#T(K:\/:S-)]ATX2'[&MZEQY6!_K#A M=WKT%:7[7?QT\-_M#?'_`%SQKX9\)7G@>#Q).]_>:7+JZZE%'=R2,\KPNMO! MY<39&(RK$-O._!"KB?#C7=*T7Q9IU]KEA?ZKI-M,LMS:6E\EC<7"KSL69XIA M'SMY,;<=N]>K1Q4JV'3JPM*U^72Z=MM[7[.]CS:F%C1Q*]G.\;_%K:U][6O^ M!]9?\%U-=N-#_P""H7Q):WE$;W%CIUO+\H.Z-]+M@5Y]:^-;>5)`3]X5[3_P M43_:VTC]N']H.^^(MEX3OO".IZQ##%J5I-KBZG;R-##'#&T.+:`Q_NXQN!+Y M/(*CBO#=.QC`;&*X^'Z4Z&!HT*RY9QBDUINDENFT]M-3HSR<*V+JU:3:=WSE;R_O@#@@4\F4Z4*D:L>6\YM;;.3:>C?1[;E9O.G6G3E3?-RPB MGNK-))K5(^T?^"@>CQ_!+]E+]G3P9X;D:V\-^)_!L'C+5S!A%UC5+DDR/.5_ MUK0J?*0,3Y88@`;C5GX;:[!\9_\`@B_\4K7Q=*MU<_!_Q-I5QX.N[APUS;F_ ME2&YL8F?)\GRU>;RDQ\WSMD*,>0V'[8]OXO_`&>_"WPR^)?AF;Q=X:\"W%U< M>'+S3-4&DZSIB7!#2VPN'AN(9+=G`;;)`SC@+(JA5'%?%/\`:=F\2_"2P^&_ MA?2AX5^'^GZC+JS6+79O+W5;Q@46XO+C9&LLD<6V-!'%%&HR1&&9B?$6"Q'L MJ>'J1]Z-7GY[JS2DVWO>[CHTU9)VV1["Q=!U9UHR]V5/E4+/1\J5MK63U33U ML<)9SK][.&K[:_8H_:@\(:%\$-/^"GQ:@CF^$OQ(>]\R]6"/[1X9U0RQI!J: M/C=B/`##.`.<,-Z/\*Z=*0YY'->H?$#XA>#?$/P>\,Z%H_AGQ)INOZ'N:[U. M\\007EG>^8,R[+9+.)HLR@%,SOL7*-YA(<>[F^'AC*4:+BVKWNFDXM+22NUJ MG:UD_2QXV58EX.K.JFMK6:;4DVKIV757W/2/VF?V:/%7[%O@[XB>!/$S.8SX MBT*\L+N%C]CUFT-OK`M[R$@X92"X'=&\Q#R&KYXM)T?G@XKV'XK?\%`/$OQ> M_8F\/_!KQ-96^JMX0UJ&^T;7WF'VVVLH;>XA73V&PF2)3/E#O&P)LVE=NWPO M1YF+O@-B,`#J*22YGL69HII86==NY&*_P`J\?/LMGC\#4PM M.;@Y*RDM6M;]U^:/9R+,(8''0Q-2'.HW]U]=+=GW/Z;S_P`$^_@'*N6^"_PE M8^_A+3__`(U3#_P3T^`'4_!+X1_^$AI__P`:K^6WQ%JNH2`XO+L_]MF_QKD; MJ\U,N/\`2;WC_IJ_^-?C>(\/<93=OK;?R?\`\D?L>&XWP56-_JJ7S7^1_6'_ M`,.]/@#_`-$4^$G_`(26G_\`QJFM_P`$\_@`P^;X)_")OKX1T_\`^,U_)W]O MU1<$W5[G_KL_^-->_P!3;I=7W_?U_P#&L/\`43&?]!3^Y_\`R1T+B[!?]`T? MO7^1_6'_`,.[OV??^B(?"+_PCM._^,T]?^">?P`7_FB?PB_\)'3_`/XS7\G' MVK4_^?J^_P"_Q_QI_P#:&J?\_-]_W^?_`!H7`N+_`.@I_<__`)(;XOP7_0-' M[U_D?UAG_@GE^S_)][X)_")L>OA'3_\`XS31_P`$[/V>Q_S0_P"#_P#X1^G? M_&:_D[:^U-NEU>_]_7_QIOVK4_\`G[OO^_C?XT?ZBXO_`*"G]S_^2!<88-?\ MPT?O7^1_65_P[V^`(Z?!/X1Y'_4HZ?\`_&J0_P#!//\`9_/7X)?",_\`EU>_P#?U_\`&@WNIL/^/F]_[^G_`!I?ZB8O_H*?W/\`^2!< M7X/_`*!H_>O\C^L5?^">GP`7D?!/X1#Z>$=/_P#C5'_#O7X`GK\%/A(?^Y1T M_P#^-5_)W]OU1<$W5[G_`*[/_C2_;]4_Y^KS_OZ?\::X$QG_`$%/[G_\D)\7 MX+_H&7WK_(_K`_X=W_L^?]$0^$7_`(1VG?\`QFG#_@GG^S^.GP3^$8_[E#3_ M`/XU7\G/VK4_^?J^_P"_Q_QI5O=37_E[O?\`OZ_^-)<"8O\`Z"G]S_\`D@7& M&#_Z!H_>O\C^L8_\$\_@`>OP3^$9_P"Y1T__`.,U&/\`@G5^SV/^:'?!X_\` M_P#?U_\`&H_M6I_\_=]_W\;_`!H?`F+_`.@I_<__ M`)(:XPP:_P"8:/WK_(_K)3_@GI\`$''P2^$8^GA'3Q_[2H;_`()Z?`%NOP3^ M$;?7PCI__P`:K^3A;_4U_P"7J]_[^O\`XT-?ZFW_`"]7O_?U_P#&FN!,9_T% M/[G_`/)"7%^#_P"@:/WK_(_K$_X=W_L^?]$0^$(_[D[3_P#XS3Q_P3V^`2Y` M^"GPC7Z>$=/_`/C-?R?P!?K\$_A&?KX1T__P"-4#_@GG\`4Z?! M/X1CZ>$=/_\`C5?RI_\_-Z?^VI_P`:/]1<7_T%/[G_ M`/)`N+\&O^8:/WK_`"/ZQA_P3S_9_&O\`(_K!'_!._P#9]_B^"'PA)'IX0T[_`.-5^6W_ M``#6U>76!>'0]&MM/-WY:V/E^9Y*+OV[WQG.-Q MQUK\AOMVIO\`\O-[C_KL_P#C3X?MURP\Z6>7;]W>Y;;^=>MD?"F)P.-IXJ== MR4;Z6>MTUW?>^W0\W..(L+C,'/#QH*+E;5-:6:?9=NYWVDZ@)D6M:$Y('I7+ M>'XG50#736G:OV3"U'*.I^-XVFHR=B2BBBNHX0HHHH`****`"BBB@`HHHH`* M***`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HH MHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB M@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****` M"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`* M***`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HH MHH`****`"FR1YZC)IU%`[LS[O2UFQQTJD_AE6`XYK=`)H(Q6,\/"3NT=$,5. M.B9@?\(POH:/^$87T-;]%1]5I]B_KU7N8'_",+Z&C_A&%]#6_11]5I]@^O5> MY@?\(POH:/\`A&%]#6_11]5I]@^O5>Y@?\(POH:/^$87T-;]%'U6GV#Z]5[F M!_PC"^AH_P"$87T-;]%'U6GV#Z]5[F!_PC"^AH_X1A?0UOT4?5:?8/KU7N8' M_",+Z&C_`(1A?0UOT4?5:?8/KU7N8'_",+Z&C_A&%]#6_11]5I]@^O5>Y@?\ M(POH:/\`A&%]#6_11]5I]@^O5>Y@?\(POH:/^$87T-;]%'U6GV#Z]5[F!_PC M"^AH_P"$87T-;]%'U6GV#Z]5[F!_PC"^AH_X1A?0UOT4?5:?8/KU7N8'_",+ MZ&C_`(1A?0UOT4?5:?8/KU7N8'_",+Z&I(O#:KVYK;H`S3^JT^P/'5>Y1M=- M$)&!S5V,$`'J":6BMH0459'/.JY;A1115&84444`%%%%`!1110`4444`%%%% M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444` M%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4 M444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!11 M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%% M`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110!ZM_PP M?\O\@_X8/^./_1&OBQ_X25__ M`/&:/^&#_CC_`-$:^+'_`(25_P#_`!FBBC_7G,/Y8?<__D@_U0P7\TOO7^0? M\,'_`!Q_Z(U\6/\`PDK_`/\`C-'_``P?\O\`(/\`A@_XX_\`1&OBQ_X25_\`_&:/^&#_`(X_]$:^ M+'_A)7__`,9HHH_UYS#^6'W/_P"2#_5#!?S2^]?Y!_PP?\O\@_X8/\`CC_T1KXL?^$E?_\` MQFC_`(8/^./_`$1KXL?^$E?_`/QFBBC_`%YS#^6'W/\`^2#_`%0P7\TOO7^0 M?\,'_''_`*(U\6/_``DK_P#^,T?\,'_''_HC7Q8_\)*__P#C-%%'^O.8?RP^ MY_\`R0?ZH8+^:7WK_(/^&#_CC_T1KXL?^$E?_P#QFC_A@_XX_P#1&OBQ_P"$ ME?\`_P`9HHH_UYS#^6'W/_Y(/]4,%_-+[U_D'_#!_P`O\@_X8/^./\`T1KXL?\`A)7_`/\` M&:/^&#_CC_T1KXL?^$E?_P#QFBBC_7G,/Y8?<_\`Y(/]4,%_-+[U_D'_``P? M\O\@_X8/^./_1&OBQ_X25__`/&:/^&# M_CC_`-$:^+'_`(25_P#_`!FBBC_7G,/Y8?<__D@_U0P7\TOO7^0?\,'_`!Q_ MZ(U\6/\`PDK_`/\`C-'_``P?\O\`(/\`A@_XX_\`1&OBQ_X25_\`_&:/^&#_`(X_]$:^+'_A)7__ M`,9HHH_UYS#^6'W/_P"2#_5#!?S2^]?Y!_PP?\O\@_X8/\`CC_T1KXL?^$E?_\`QFC_`(8/ M^./_`$1KXL?^$E?_`/QFBBC_`%YS#^6'W/\`^2#_`%0P7\TOO7^0?\,'_''_ M`*(U\6/_``DK_P#^,T?\,'_''_HC7Q8_\)*__P#C-%%'^O.8?RP^Y_\`R0?Z MH8+^:7WK_(/^&#_CC_T1KXL?^$E?_P#QFC_A@_XX_P#1&OBQ_P"$E?\`_P`9 MHHH_UYS#^6'W/_Y(/]4,%_-+[U_D'_#!_P`O\@_X8/^./\`T1KXL?\`A)7_`/\`&:/^&#_C MC_T1KXL?^$E?_P#QFBBC_7G,/Y8?<_\`Y(/]4,%_-+[U_D'_``P?\O\@_X8/^./_1&OBQ_X25__`/&:/^&#_CC_`-$: M^+'_`(25_P#_`!FBBC_7G,/Y8?<__D@_U0P7\TOO7^0?\,'_`!Q_Z(U\6/\` MPDK_`/\`C-'_``P?\O\`(/\`A@_XX_\`1&OBQ_X25_\`_&:/^&#_`(X_]$:^+'_A)7__`,9HHH_U MYS#^6'W/_P"2#_5#!?S2^]?Y!_PP?\O\@_X8/\`CC_T1KXL?^$E?_\`QFC_`(8/^./_`$1K MXL?^$E?_`/QFBBC_`%YS#^6'W/\`^2#_`%0P7\TOO7^0?\,'_''_`*(U\6/_ M``DK_P#^,T?\,'_''_HC7Q8_\)*__P#C-%%'^O.8?RP^Y_\`R0?ZH8+^:7WK M_(/^&#_CC_T1KXL?^$E?_P#QFC_A@_XX_P#1&OBQ_P"$E?\`_P`9HHH_UYS# M^6'W/_Y(/]4,%_-+[U_D'_#!_P`O\@_X8/^./\`T1KXL?\`A)7_`/\`&:/^&#_CC_T1KXL? M^$E?_P#QFBBC_7G,/Y8?<_\`Y(/]4,%_-+[U_D'_``P?\O\@_X8/^./_1&OBQ_X25__`/&:/^&#_CC_`-$:^+'_`(25 M_P#_`!FBBC_7G,/Y8?<__D@_U0P7\TOO7^0?\,'_`!Q_Z(U\6/\`PDK_`/\` MC-'_``P?\O\`(/\` MA@_XX_\`1&OBQ_X25_\`_&:/^&#_`(X_]$9^+'_A)7__`,9HHH7'.8?RP^Y_ -_)`N$,%_-+[U_D?_V3\_ ` end