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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Interest and dividend income:    
Loans, including fees$ 21,987$ 24,489$ 65,444$ 70,003
Debt securities:    
Taxable2,1322,3756,8537,857
Tax exempt134158410554
Dividends6112023
Interest bearing cash at Federal Reserve and other banks213200646508
Total interest and dividend income24,47227,23373,37378,945
Interest expense:    
Deposits1,5432,5545,1728,339
Other borrowings6106081,8031,804
Junior subordinated debt312335934954
Total interest expense2,4653,4977,90911,097
Net interest income22,00723,73665,46467,848
Provision for loan losses5,06910,81417,63129,314
Net interest income after provision for loan losses16,93812,92247,83338,534
Noninterest income:    
Service charges and fees5,5845,23717,48717,054
Gain on sale of loans5981,0901,8182,252
Commissions on sale of non-deposit investment products5422391,550868
Increase in cash value of life insurance4504261,3501,278
Bargain purchase gain7,575 7,575232
Other(26)1712,5441,130
Total noninterest income14,7237,16332,32422,814
Noninterest expense:    
Salaries and related benefits11,9309,89833,43830,033
Other8,94310,62627,20127,702
Total noninterest expense20,87320,52460,63957,735
Income before income taxes10,788(439)19,5183,613
Provision for income taxes4,318(440)7,477734
Net income$ 6,470$ 1$ 12,041$ 2,879
Earnings per share:    
Basic$ 0.40$ 0$ 0.76$ 0.18
Diluted$ 0.40$ 0$ 0.75$ 0.18