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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Interest Income      
Interest and fees on loans $ 53,492 $ 55,942 $ 61,783
Interest on investment securities:      
Taxable 10,575 12,872 14,387
Nontaxable 2,512 2,248 1,938
Interest on deposits in other banks 150 156 237
Interest on federal funds sold and securities purchased under agreements to resell 4 4 4
Total interest income 66,733 71,222 78,349
Interest Expense      
Interest on deposits 5,922 9,239 14,488
Interest on federal funds purchased and other short-term borrowings 74 96 191
Interest on securities sold under agreements to repurchase and other long-term borrowings 5,135 7,044 7,965
Interest on subordinated notes payable to unconsolidated trusts 864 1,879 2,026
Total interest expense 11,995 18,258 24,670
Net interest income 54,738 52,964 53,679
Provision for loan losses (2,600) 2,772 13,487
Net interest income after provision for loan losses 57,338 50,192 40,192
Noninterest Income      
Service charges and fees on deposits 8,196 8,124 8,617
Allotment processing fees 4,922 5,215 5,346
Other service charges, commissions, and fees 4,983 4,478 4,248
Data processing income 102 242 792
Trust income 1,993 1,909 2,085
Investment securities (losses) gains, net (50) 1,209 1,355
Gains on sale of mortgage loans, net 1,036 1,918 982
Income from company-owned life insurance 962 1,524 939
Other (28) 35 27
Total noninterest income 22,116 24,654 24,391
Noninterest Expense      
Salaries and employee benefits 29,681 28,190 26,986
Occupancy expenses, net 4,767 4,757 4,846
Equipment expenses 2,398 2,364 2,503
Data processing and communications expenses 3,946 4,271 4,636
Bank franchise tax 2,354 2,381 2,572
Amortization of intangibles 540 1,014 1,143
Deposit insurance expense 2,265 2,690 2,948
Other real estate expenses, net 6,999 5,232 7,355
Legal expenses 780 1,220 821
Other 7,843 7,668 8,682
Total noninterest expense 61,573 59,787 62,492
Income before income taxes 17,881 15,059 2,091
Income tax expense (benefit) 4,435 2,910 (647)
Net income 13,446 12,149 2,738
Less preferred stock dividends and discount accretion 1,951 1,922 1,896
Net income available to common shareholders $ 11,495 $ 10,227 $ 842
Per Common Share      
Net income – basic and diluted (in Dollars per share) $ 1.54 $ 1.37 $ 0.11
Cash dividends declared (in Dollars per share) $ 0 $ 0 $ 0
Weighted Average Common Shares Outstanding      
Basic and diluted (in Shares) 7,474 7,457 7,424