Summary of Quarterly Results of Operations (unaudited)

3 Months Ended

Mar. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Summary of Quarterly Results of Operations (unaudited)

Note 30 – Summary of Quarterly Results of Operations (unaudited)

The following table sets forth the results of operations for the periods indicated, and is unaudited; however, in the opinion of Management, it reflects all adjustments (which include only normal recurring adjustments) necessary to present fairly the summarized results for such periods.

	2015 Quarters Ended
	December 31,			September 30,			June 30,		March 31,
	(dollars in thousands, except per share data)
Interest and dividend income:
Loans:
Discount accretion PCI – cash basis									$	172
Discount accretion PCI – other										1,274
Discount accretion PNCI										1,348
All other loan interest income										28,371
Total loan interest income										31,165
Debt securities, dividends and interest bearing cash at Banks (not FTE)										6,560
Total interest income										37,725
Interest expense										1,382
Net interest income										36,343
(Benefit from) provision for loan losses										197
Net interest income after provision for loan losses										36,146
Noninterest income										10,180
Noninterest expense										32,282
Income before income taxes										14,044
Income tax expense										5,708
Net income									$	8,336
Per common share:
Net income (diluted)									$	0.36
Dividends									$	0.11
	2014 Quarters Ended
	December 31,			September 30,			June 30,		March 31,
	(dollars in thousands, except per share data)
Interest and dividend income:
Loans:
Discount accretion PCI – cash basis	$	107		$	290		$	69	$	203
Discount accretion PCI – other		919			822			811		984
Discount accretion PNCI		796			402			624		379
All other loan interest income		28,914			23,466			22,929		22,172
Total loan interest income		30,736			24,980			24,433		23,738
Debt securities, dividends and interest bearing cash at Banks (not FTE)		5,671			4,151			3,985		3,421
Total interest income		36,407			29,131			28,418		27,159
Interest expense		1,437			1,082			1,075		1,087
Net interest income		34,970			28,049			27,343		26,072
(Benefit from) provision for loan losses		(1,421	)		(2,977	)		1,708		(1,355	)
Net interest income after provision for loan losses		36,391			31,026			25,635		27,427
Noninterest income		9,755			8,589			7,877		8,295
Noninterest expense		36,566			25,380			25,116		23,317
Income before income taxes		9,580			14,235			8,396		12,405
Income tax expense		3,930			6,001			3,537		5,040
Net income	$	5,650		$	8,234		$	4,859	$	7,365
Per common share:
Net income (diluted)	$	0.25		$	0.50		$	0.30	$	0.45
Dividends	$	0.11		$	0.11		$	0.11	$	0.11