Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2013

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results of Operations (Unaudited)

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The following table sets forth certain quarterly results for the years ended December 31, 2013 and 2012:

	2013												2012
	First			Second			Third			Fourth			First			Second			Third			Fourth
Interest income	$	43,738		$	40,653		$	40,736		$	45,707		$	43,469		$	44,169		$	45,347		$	42,964
Interest expense	4,280			4,003			3,714			4,572			7,353			6,116			5,445			4,699
Net interest income	39,458			36,650			37,022			41,135			36,116			38,053			39,902			38,265
Provision for loan losses	2,102			1,997			1,533			1,016			4,875			4,545			4,609			4,505
Net interest income after provision for loan losses	37,356			34,653			35,489			40,119			31,241			33,508			35,293			33,760
Non-interest income	13,877			14,059			11,800			15,073			22,658			13,165			14,273			14,206
Non-interest expense	34,700			33,742			34,219			40,558			34,028			34,180			34,404			34,503
Income before income tax expense	16,533			14,970			13,070			14,634			19,871			12,493			15,162			13,463
Income tax expense	4,668			4,155			2,667			3,187			5,500			3,288			3,926			3,153
Net income	11,865			10,815			10,403			11,447			14,371			9,205			11,236			10,310
Preferred stock dividends	(857		)	(852		)	(430		)	(241		)	(1,135		)	(1,135		)	(1,134		)	(1,135		)
Net income available to common stockholders	$	11,008		$	9,963		$	9,973		$	11,206		$	13,236		$	8,070		$	10,102		$	9,175
Basic EPS	$	0.38		$	0.35		$	0.35		$	0.34		$	0.46		$	0.29		$	0.35		$	0.32
Diluted EPS	$	0.38		$	0.34		$	0.35		$	0.34		$	0.46		$	0.28		$	0.35		$	0.32
Average Shares Outstanding:
Basic	28,716,987			28,783,407			28,806,809			32,597,145			28,582,616			28,624,609			28,649,996			28,673,802
Diluted	28,971,238			29,023,513			29,081,472			32,912,605			28,754,713			28,815,019			28,888,076			28,930,392