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Condensed Consolidated Statements of Income (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Interest and dividend income:        
Loans, including fees $ 25,792,000 $ 21,735,000 $ 50,721,000 $ 43,457,000
Debt securities:        
Taxable 1,601,000 2,347,000 3,347,000 4,721,000
Tax exempt 107,000 136,000 215,000 276,000
Dividends 14,000 7,000 27,000 14,000
Interest bearing cash at Federal Reserve and other banks 430,000 242,000 798,000 433,000
Total interest and dividend income 27,944,000 24,467,000 55,108,000 48,901,000
Interest expense:        
Deposits 1,077,000 1,802,000 2,261,000 3,629,000
Other borrowings 601,000 600,000 1,207,000 1,193,000
Junior subordinated debt 332,000 312,000 670,000 622,000
Total interest expense 2,010,000 2,714,000 4,138,000 5,444,000
Net interest income 25,934,000 21,753,000 50,970,000 43,457,000
Provision for loan losses 3,371,000 5,561,000 7,367,000 12,562,000
Net interest income after provision for loan losses 22,563,000 16,192,000 43,603,000 30,895,000
Noninterest income:        
Service charges and fees 6,155,000 6,121,000 12,107,000 11,903,000
Gain on sale of loans 1,237,000 495,000 2,887,000 1,220,000
Commissions on sale of non-deposit investment products 842,000 648,000 1,661,000 1,008,000
Increase in cash value of life insurance 450,000 450,000 900,000 900,000
Other 1,893,000 537,000 1,287,000 2,570,000
Total noninterest income 10,577,000 8,251,000 18,842,000 17,601,000
Noninterest expense:        
Salaries and related benefits 12,490,000 10,715,000 25,252,000 21,508,000
Other 11,877,000 9,380,000 22,030,000 18,258,000
Total noninterest expense 24,367,000 20,095,000 47,282,000 39,766,000
Income before income taxes 8,773,000 4,348,000 15,163,000 8,730,000
Provision for income taxes 3,452,000 1,577,000 5,911,000 3,159,000
Net income $ 5,321,000 $ 2,771,000 $ 9,252,000 $ 5,571,000
Earnings per share:        
Basic $ 0.33 $ 0.17 $ 0.58 $ 0.35
Diluted $ 0.33 $ 0.17 $ 0.58 $ 0.35
Dividends per share $ 0.09 $ 90 $ 0.18 $ 0.18