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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Interest income:    
Loans and leases$ 40,741$ 43,722$ 123,750$ 129,091
Investment securities, taxable4,6944,93114,08815,611
Investment securities, tax-exempt9341,3693,1244,258
Other217219707743
Total interest income46,58650,241141,669149,703
Interest expense:    
Deposits7,75610,79024,27334,768
Short-term borrowings77219240613
Subordinated notes1,6471,6484,9424,942
Long-term debt and mandatorily redeemable securities4804001,1441,045
Total interest expense9,96013,05730,59941,368
Net interest income36,62637,184111,070108,335
Provision for loan and lease losses1,2605,5783,52515,764
Net interest income after provision for loan and lease losses35,36631,606107,54592,571
Noninterest income:    
Trust fees3,9023,87012,30511,677
Service charges on deposit accounts4,7484,91813,62214,813
Mortgage banking income1,0562,5492,3353,751
Insurance commissions1,2121,1803,4163,706
Equipment rental income5,8146,49517,86119,912
Other income3,0842,6569,3828,357
Investment securities and other investment gains4141,0831,6862,059
Total noninterest income20,23022,75160,60764,275
Noninterest expense:    
Salaries and employee benefits19,47618,98057,24956,638
Net occupancy expense2,2372,2006,6086,626
Furniture and equipment expense3,5193,22710,4299,223
Depreciation - leased equipment4,6505,17314,25015,841
Professional fees1,3261,5633,5024,495
Supplies and communication1,3121,3874,0224,094
FDIC and other insurance8741,4203,5084,761
Business development and marketing expense9688452,4542,292
Loan and lease collection and repossession expense1,3871,4494,2115,822
Other expense1,3991,5665,3344,777
Total noninterest expense37,14837,810111,567114,569
Income before income taxes18,44816,54756,58542,277
Income tax expense6,9085,34419,57213,600
Net income11,54011,20337,01328,677
Preferred stock dividends and discount accretion (1,721) (5,149)
Net income available to common shareholders$ 11,540$ 9,482$ 37,013$ 23,528
Per common share    
Basic net income per common share (in dollars per share)$ 0.47$ 0.39$ 1.51$ 0.96
Diluted net income per common share (in dollars per share)$ 0.47$ 0.39$ 1.51$ 0.96
Dividends (in dollars per share)$ 0.16$ 0.15$ 0.48$ 0.45
Basic weighted average common shares outstanding (in shares)24,213,06324,247,23624,246,04124,247,468
Diluted weighted average common shares outstanding (in shares)24,223,43224,253,88324,255,35724,254,026