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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income:      
Interest and fees on loans, including loans held for sale $ 130,829 $ 128,457 $ 131,725
Interest and dividends on securities:      
Taxable 9,153 11,314 12,425
Tax exempt 2,705 2,576 2,249
Interest and dividends on Federal Reserve Bank and Federal Home Loan Bank stock 1,010 1,136 1,367
Other, including interest on federal funds sold 323 384 361
Total interest income 144,020 143,867 148,127
Interest expense:      
Interest on deposits 9,616 9,798 11,313
Interest on repurchase agreements and other short-term borrowings 938 841 940
Interest on advances from Federal Home Loan Bank 49 27 26
Interest on long-term debt 1,170 1,131 1,161
Total interest expense 11,773 11,797 13,440
Net interest income 132,247 132,070 134,687
Provision for loan losses 8,650 8,755 8,568
Net interest income after provision for loan losses 123,597 123,315 126,119
Noninterest income:      
Service charges on deposit accounts 24,282 23,892 24,650
Gains on sales of loans, net 1,978 1,468 3,098
Trust and wealth management income 9,286 9,011 8,199
Loan related fees 3,821 3,531 4,697
Bank owned life insurance 2,158 1,996 2,747
Brokerage revenue 1,426 2,454 2,245
Securities losses (106) (211) (45)
Other noninterest income 3,964 2,940 3,713
Total noninterest income 46,809 45,081 49,304
Noninterest expense:      
Officer salaries and employee benefits 11,652 11,076 10,432
Other salaries and employee benefits 42,911 43,417 42,411
Occupancy, net 7,826 8,017 7,804
Equipment 3,049 3,414 3,865
Data processing 6,743 7,877 7,308
Bank franchise tax 5,174 4,857 4,493
Legal fees 2,236 2,444 2,392
Professional fees 1,884 1,832 1,790
FDIC insurance 2,382 2,400 2,442
Other real estate owned provision and expense 3,533 3,897 5,154
Repossession expense 1,265 1,508 1,522
Amortization of limited partnership investments 2,580 859 729
Other noninterest expense 14,208 14,401 19,909
Total noninterest expense 105,443 105,999 110,251
Income before income taxes 64,963 62,397 65,172
Income taxes 18,531 19,146 20,000
Net income 46,432 43,251 45,172
Unrealized holding gains (losses) on securities available-for-sale:      
Unrealized holding gains (losses) arising during the period (342) 13,928 (31,878)
Less: Reclassification adjustments for realized losses included in net income (106) (211) (45)
Tax (benefit) expense (83) 4,949 (11,142)
Other comprehensive income (loss), net of tax (153) 9,190 (20,691)
Comprehensive income $ 46,279 $ 52,441 $ 24,481
Basic earnings per share (in dollars per share) $ 2.66 $ 2.50 $ 2.63
Diluted earnings per share (in dollars per share) $ 2.66 $ 2.49 $ 2.62
Weighted average shares outstanding-basic (in shares) 17,431 17,326 17,158
Weighted average shares outstanding-diluted (in shares) 17,483 17,397 17,240
Dividends declared per share (in dollars per share) $ 1.220 $ 1.181 $ 1.154