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Condensed Consolidated Statements of Earnings and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest income:        
Loans and leases, including fees $ 50,257 $ 45,322 $ 96,027 $ 90,864
Investment securities:        
Investment securities available-for-sale 12,018 17,503 24,817 35,437
Investment securities held-to-maturity 4,743 36 10,091 74
Total investment income 16,761 17,539 34,908 35,511
Dividends from FHLB stock 439 1,414 807 1,883
Federal funds sold 383 187 488 329
Interest-earning deposits with other institutions 175 53 285 108
Total interest income 68,015 64,515 132,515 128,695
Interest expense:        
Deposits 1,582 1,307 3,019 2,600
Borrowings 345 342 768 2,115
Junior subordinated debentures 132 108 256 213
Total interest expense 2,059 1,757 4,043 4,928
Net interest income before recapture of provision for loan losses 65,956 62,758 128,472 123,767
Recapture of provision for loan losses 0 (2,000) 0 (2,000)
Net interest income after recapture of provision for loan losses 65,956 64,758 128,472 125,767
Noninterest income:        
Service charges on deposit accounts 3,822 3,952 7,569 7,913
Trust and investment services 2,508 2,181 4,711 4,332
Bankcard services 784 842 1,339 1,575
BOLI income 752 808 1,299 1,457
Gain on sale of loans 0 0 1,101 0
Other 1,408 562 1,938 1,079
Total noninterest income 9,274 8,345 17,957 16,356
Noninterest expense:        
Salaries and employee benefits 21,558 19,648 42,811 38,943
Occupancy and equipment 4,125 3,713 7,838 7,365
Professional services 1,188 1,527 2,554 2,680
Software licenses and maintenance 1,065 993 1,974 2,023
Promotion 1,192 1,201 2,619 2,528
Recapture of provision for unfunded loan commitments 0 0 0 (500)
Debt termination expense 16 0 16 13,870
Acquisition related expenses 355 0 1,204 0
Other 4,939 4,451 9,786 9,096
Total noninterest expense 34,438 31,533 68,802 76,005
Earnings before income taxes 40,792 41,570 77,627 66,118
Income taxes 15,278 14,757 28,722 23,472
Net earnings 25,514 26,813 48,905 42,646
Other comprehensive income (loss):        
Unrealized gain (loss) on securities arising during the period, before tax 7,493 (32,968) 34,763 (12,698)
Less: Income tax (expense) benefit related to items of other comprehensive income (3,147) 13,846 (14,600) 5,332
Net change, After-tax 4,346 (19,122) 20,163 (7,366)
Comprehensive income $ 29,860 $ 7,691 $ 69,068 $ 35,280
Basic earnings per common share $ 0.23 $ 0.25 $ 0.46 $ 0.40
Diluted earnings per common share 0.23 0.25 0.45 0.40
Cash dividends declared per common share $ 0.12 $ 0.12 $ 0.24 $ 0.24