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Quarterly Results of Operations (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)
The following table sets forth certain quarterly results for the years ended December 31, 2012 and 2011:
 

2012

2011

First

Second

Third

Fourth

First

Second

Third

Fourth
Interest income
$
43,469


$
44,169


$
45,347


$
42,964


$
46,366


$
45,721


$
45,085


$
44,073

Interest expense
7,353


6,116


5,445


4,699


10,889


9,874


9,234


7,893

Net interest income
36,116


38,053


39,902


38,265


35,477


35,847


35,851


36,180

Provision for loan losses
4,875


4,545


4,609


4,505


5,594


5,625


5,556


5,855

Net interest income after provision for loan losses
31,241


33,508


35,293


33,760


29,883


30,222


30,295


30,325

Non-interest income
22,658


13,165


14,273


14,206


11,858


11,061


13,230


12,971

Non-interest expense
34,028


34,180


34,404


34,503


33,881


34,399


34,222


33,436

Income before income tax expense
19,871


12,493


15,162


13,463


7,860


6,884


9,303


9,860

Income tax expense
5,500


3,288


3,926


3,153


2,399


1,396


2,561


2,299

Net income
14,371


9,205


11,236


10,310


5,461


5,488


6,742


7,561

Loss on CPP unamortized discount












(1,401
)


Loss on extinguishment of trust preferred securities












(10,857
)


Preferred stock dividends
(1,135
)

(1,135
)

(1,134
)

(1,135
)

(988
)

(990
)

(868
)

(1,135
)
Net income available to common stockholders
$
13,236


$
8,070


$
10,102


$
9,175


$
4,473


$
4,498


$
(6,384
)

$
6,426

















Basic EPS
$
0.46


$
0.29


$
0.35


$
0.32

 
$
0.17


$
0.18


$
(0.25
)

$
0.24

Diluted EPS
$
0.46


$
0.28


$
0.35


$
0.32

 
$
0.17


$
0.18


$
(0.25
)

$
0.24

Average Shares Outstanding:















Basic
28,582,616


28,624,609


28,649,996


28,673,802


25,605,571


25,656,826


26,367,067


28,540,469

Diluted
28,754,713


28,815,019


28,888,076


28,930,392


25,763,378


25,782,799


26,367,067


28,699,505