Quarterly Condensed Financial Information

12 Months Ended

Dec. 31, 2012

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Quarterly Financial Information [Text Block]

NOTE 23-QUARTERLY CONDENSED FINANCIAL INFORMATION (Unaudited)

The following table presents the unaudited quarterly financial information for the years ended December 31, 2012 and 2011:

	2012
(in thousands, except per share data)	4th Quarter			3rd Quarter		2nd Quarter		1st Quarter
Interest income	$	45,346		$	42,874	$	40,029	$	37,215
Interest expense	5,295			5,390		5,896		6,586
Net interest income	40,051			37,484		34,133		30,629
Provision for loan losses not covered under FDIC loss share	5,916			1,048		75		1,718
Provision for loan losses covered under FDIC loss share	653			10,889		206		2,285
Net interest income after provision for loan losses	33,482			25,547		33,852		26,626
Noninterest income	(3,576		)	7,832		845		3,983
Noninterest expense	22,617			21,282		21,414		21,364
Income before income tax expense	7,289			12,097		13,283		9,245
Income tax expense	1,874			4,167		4,517		3,060
Net income	$	5,415		$	7,930	$	8,766	$	6,185
Net income available to common shareholders	$	4,153		$	7,282	$	8,122	$	5,544
Earnings per common share:
Basic	$	0.23		$	0.41	$	0.46	$	0.31
Diluted	0.23			0.39		0.44		0.31
	2011
(in thousands, except per share data)	4th Quarter			3rd Quarter		2nd Quarter		1st Quarter
Interest income	$	39,463		$	34,285	$	38,559	$	30,533
Interest expense	7,259			7,516		7,555		7,825
Net interest income	32,204			26,769		31,004		22,708
Provision for loan losses not covered under FDIC loss share	—			5,400		4,300		3,600
Provision for loan losses covered under FDIC loss share	(144		)	2,672		275		—
Net interest income after provision for loan losses	32,348			18,697		26,429		19,108
Noninterest income	601			8,726		4,218		4,963
Noninterest expense	23,427			18,302		18,024		17,965
Income before income tax expense	9,522			9,121		12,623		6,106
Income tax expense	2,316			3,289		4,350		1,994
Net income	$	7,206		$	5,832	$	8,273	$	4,112
Net income available to common shareholders	$	6,570		$	5,200	$	7,643	$	3,486
Earnings per common share:
Basic	$	0.37		$	0.29	$	0.45	$	0.23
Diluted	0.36			0.29		0.43		0.23