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CONSOLIDATED CONDENSED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Loans receivable:        
Taxable $ 43,981 $ 33,548 $ 128,329 $ 104,725
Tax exempt 61 85 180 315
Investment securities:        
Taxable 5,046 3,876 14,902 11,071
Tax exempt 3,683 2,840 10,691 7,809
Deposits with financial institutions 18 18 76 99
Federal Reserve and Federal Home Loan Bank stock 501 369 1,648 1,108
Total Interest Income 53,290 40,736 155,826 125,127
INTEREST EXPENSE        
Deposits 2,853 2,213 8,276 7,703
Federal funds purchased 102 72 174 84
Securities sold under repurchase agreements 74 192 457 594
Federal Home Loan Bank advances 734 506 2,092 1,427
Subordinated debentures and term loans 1,661 731 4,950 2,189
Total Interest Expense 5,424 3,714 15,949 11,997
NET INTEREST INCOME 47,866 37,022 139,877 113,130
Provision for loan losses 1,600 1,533 1,600 5,632
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 46,266 35,489 138,277 107,498
OTHER INCOME        
Service charges on deposit accounts 4,119 3,120 11,768 8,761
Fiduciary activities 2,152 1,986 6,724 6,357
Other customer fees 3,991 2,899 11,773 8,495
Commission income 1,723 1,636 5,877 5,556
Earnings on cash surrender value of life insurance 1,524 611 2,925 1,921
Net gains and fees on sales of loans 1,458 1,673 3,340 6,508
Net realized gains on sales of available for sale securities 910    2,335 487
Other income 2,417 (125) 4,671 1,651
Total Other Income 18,294 11,800 49,413 39,736
OTHER EXPENSES        
Salaries and employee benefits 24,173 20,616 72,904 61,943
Net occupancy 3,401 2,430 10,543 7,299
Equipment 2,187 1,852 7,022 5,368
Marketing 1,070 559 2,628 1,561
Outside data processing fees 1,853 1,515 5,723 4,386
Printing and office supplies 350 320 1,201 962
Core deposit amortization 592 383 1,776 1,153
FDIC assessments 920 677 2,843 2,095
Other real estate owned and credit-related expenses 2,618 1,648 6,988 4,993
Professional and other outside services 1,573 1,444 4,483 4,936
Other expenses 3,839 2,775 10,804 7,965
Total Other Expenses 42,576 34,219 126,915 102,661
INCOME BEFORE INCOME TAX 21,984 13,070 60,775 44,573
Income tax expense 5,862 2,667 15,873 11,490
NET INCOME 16,122 10,403 44,902 33,083
Preferred stock dividends    (430)    (2,139)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 16,122 $ 9,973 $ 44,902 $ 30,944
Per Share Data:        
Basic Net Income Available to Common Stockholders (in dollars per share) $ 0.45 $ 0.35 $ 1.25 $ 1.08
Diluted Net Income Available to Common Stockholders (in dollars per share) $ 0.45 $ 0.35 $ 1.24 $ 1.07
Cash Dividends Paid (in dollars per share) $ 0.08 $ 0.05 $ 0.21 $ 0.13
Average Diluted Shares Outstanding (in thousands) 36,328,981 29,081,472 36,295,386 29,026,466