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Consolidated Statements of Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
INTEREST AND DIVIDEND INCOME        
Loans, including fees $ 42,546 $ 43,753 $ 85,291 $ 88,029
Interest and dividends on securities:        
Taxable 7,452 7,357 14,676 14,790
Tax-exempt 3,435 3,264 6,821 6,392
Total interest and dividends on securities 10,887 10,621 21,497 21,182
Other interest income 611 50 713 106
Total interest and dividend income 54,044 54,424 107,501 109,317
INTEREST EXPENSE        
Interest bearing demand deposits 395 365 768 666
Money market deposits 466 338 907 677
Savings deposits 133 127 263 268
Certificates of deposit 3,422 5,881 7,052 12,029
Total interest expense on deposits 4,416 6,711 8,990 13,640
Federal Home Loan Bank borrowings 175 289 386 609
Other short-term borrowings 350 627 907 1,249
Junior subordinated debt owed to unconsolidated subsidiary trusts 796 808 1,587 1,701
Total interest expense 5,737 8,435 11,870 17,199
NET INTEREST INCOME 48,307 45,989 95,631 92,118
Provision for credit losses 849 1,021 3,048 3,123
Net interest income after provision for credit losses 47,458 44,968 92,583 88,995
NON-INTEREST INCOME        
Trust fees 5,210 4,823 10,858 9,840
Service charges on deposits 4,078 4,462 7,937 8,659
Electronic banking fees 3,267 3,195 6,281 6,062
Net securities brokerage revenue 2,003 1,641 3,832 3,138
Bank-owned life insurance 1,821 880 2,695 2,829
Net gains on sales of mortgage loans 475 701 628 1,413
Net securities gains 165 686 175 702
Net (loss) / gain on other real estate owned and other assets (165) 101 (52) 55
Other income 1,387 1,235 2,936 2,522
Total non-interest income 18,241 17,724 35,290 35,220
NON-INTEREST EXPENSE        
Salaries and wages 16,904 15,772 33,370 31,599
Employee benefits 5,529 5,813 11,238 12,158
Net occupancy 2,857 2,830 6,348 6,022
Equipment 2,914 2,802 5,698 5,209
Marketing 1,713 1,624 2,716 2,429
FDIC insurance 880 919 1,757 1,890
Amortization of intangible assets 482 561 977 1,186
Restructuring and merger-related expense    51    1,229
Other operating expenses 9,025 9,127 18,294 18,524
Total non-interest expense 40,304 39,499 80,398 80,246
Income before provision for income taxes 25,395 23,193 47,475 43,969
Provision for income taxes 6,520 6,176 12,179 10,932
NET INCOME 18,875 17,017 35,296 33,037
EARNINGS PER COMMON SHARE        
Basic $ 0.65 $ 0.58 $ 1.21 $ 1.13
Diluted $ 0.64 $ 0.58 $ 1.20 $ 1.13
AVERAGE COMMON SHARES OUTSTANDING        
Basic 29,242,180 29,245,201 29,212,347 29,228,355
Diluted 29,321,927 29,308,806 29,293,424 29,288,018
DIVIDENDS DECLARED PER COMMON SHARE $ 0.22 $ 0.19 $ 0.44 $ 0.38
COMPREHENSIVE INCOME $ 22,943 $ 6,493 $ 42,637 $ 22,073