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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Interest and fees on loans      
Taxable $ 104,936 $ 104,205 $ 96,151
Tax exempt 471 86 148
Interest and dividends on securities      
Taxable 13,575 16,406 17,562
Tax exempt 2,756 2,708 2,421
Interest on short-term investments 154 120 61
Total interest income 121,892 123,525 116,343
Interest on deposits 27,735 28,007 32,247
Interest on borrowings      
Short-term 612 727 1,089
Long-term 1,465 2,138 2,726
Total interest expense 29,812 30,872 36,062
NET INTEREST INCOME 92,080 92,653 80,281
Provision for loan losses 13,800 23,947 21,202
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 78,280 68,706 59,079
NONINTEREST INCOME      
Wealth advisory fees 3,462 3,247 2,980
Investment brokerage fees 2,560 2,266 1,676
Service charges on deposit accounts 7,950 8,436 8,245
Loan, insurance and service fees 4,849 4,300 3,540
Merchant card fee income 1,020 1,081 2,464
Other income 1,817 2,175 1,867
Mortgage banking income 1,000 1,587 1,695
Net securities gains (losses) (167) 4 2
Other than temporary impairment on available-for-sale securities:      
Total impairment losses recognized on securities (286) (1,716) (309)
Loss recognized in other comprehensive income 0 129 84
Net impairment loss recognized in earnings (286) (1,587) (225)
Total noninterest income 22,205 21,509 22,244
NONINTEREST EXPENSE      
Salaries and employee benefits 32,807 30,375 27,765
Occupancy expense 3,106 2,899 3,206
Equipment costs 2,204 2,090 2,147
Data processing fees and supplies 3,655 3,931 3,944
Credit card interchange 2 158 1,448
Other expense 13,331 13,982 14,965
Total noninterest expense 55,105 53,435 53,475
INCOME BEFORE INCOME TAX EXPENSE 45,380 36,780 27,848
Income tax expense 14,718 12,237 8,869
NET INCOME 30,662 24,543 18,979
Dividends and accretion of discount on preferred stock 0 3,187 2,694
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 30,662 $ 21,356 $ 16,285
BASIC WEIGHTED AVERAGE COMMON SHARES 16,204,952 16,120,606 12,851,845
BASIC EARNINGS PER COMMON SHARE $ 1.89 $ 1.32 $ 1.27
DILUTED WEIGHTED AVERAGE COMMON SHARES 16,324,644 16,213,747 12,952,444
DILUTED EARNINGS PER COMMON SHARE $ 1.88 $ 1.32 $ 1.26