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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Fee Revenue and Other Income:        
Information services payment and processing revenue $ 15,219 $ 13,533 $ 29,566 $ 26,278
Bank service fees 382 298 734 639
Gains on sales of securities 48 0 48 0
Other 134 137 267 276
Total fee revenue and other income 15,783 13,968 30,615 27,193
Interest Income:        
Interest and fees on loans 10,129 9,871 20,382 19,298
Interest and dividends on securities:        
Taxable 13 11 18 25
Exempt from federal income taxes 2,498 2,151 4,975 4,249
Interest on federal funds sold and other short-term investments 155 98 324 187
Total interest income 12,795 12,131 25,699 23,759
Interest Expense:        
Interest on deposits 1,125 1,199 2,331 2,375
Net interest income 11,670 10,932 23,368 21,384
Provision for loan losses 850 1,150 1,300 2,050
Net interest income after provision for loan losses 10,820 9,782 22,068 19,334
Total net revenue 26,603 23,750 52,683 46,527
Operating Expense:        
Salaries and employee benefits 14,146 12,683 27,852 25,173
Occupancy 557 611 1,205 1,183
Equipment 848 916 1,695 1,814
Amortization of intangible assets 27 27 54 54
Other operating 3,057 2,613 5,963 4,823
Total operating expense 18,635 16,850 36,769 33,047
Income before income tax expense 7,968 6,900 15,914 13,480
Income tax expense 2,229 2,000 4,456 3,831
Net Income $ 5,739 $ 4,900 $ 11,458 $ 9,649
Basic Earnings Per Share (in dollars per share) $ 0.61 $ 0.52 $ 1.22 $ 1.03
Diluted Earnings Per Share (in dollars per share) $ 0.61 $ 0.52 $ 1.21 $ 1.02