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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest and fees on loans        
Taxable $ 24,595 $ 25,803 $ 73,469 $ 77,789
Tax exempt 100 109 304 333
Interest and dividends on securities        
Taxable 1,463 2,034 3,560 7,425
Tax exempt 802 698 2,307 2,094
Interest on short-term investments 10 16 46 43
Total interest income 26,970 28,660 79,686 87,684
Interest on deposits 3,589 5,989 12,365 19,352
Interest on borrowings        
Short-term 146 112 349 329
Long-term 263 399 831 1,198
Total interest expense 3,998 6,500 13,545 20,879
NET INTEREST INCOME 22,972 22,160 66,141 66,805
Provision for loan losses 0 0 0 1,299
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 22,972 22,160 66,141 65,506
NONINTEREST INCOME        
Wealth advisory fees 980 959 2,895 2,770
Investment brokerage fees 1,503 695 3,449 2,435
Service charges on deposit accounts 2,325 2,045 6,548 5,937
Loan, insurance and service fees 1,524 1,421 4,792 4,062
Merchant card fee income 356 297 925 902
Other income 856 669 2,937 1,614
Mortgage banking income 159 590 1,206 1,574
Net securities gains (losses) 106 (380) 107 (377)
Other than temporary impairment loss on available-for-sale securities:        
Total impairment losses recognized on securities 0 (67) 0 (1,052)
Loss recognized in other comprehensive income 0 0 0 26
Net impairment loss recognized in earnings 0 (67) 0 (1,026)
Total noninterest income 7,809 6,229 22,859 17,891
NONINTEREST EXPENSE        
Salaries and employee benefits 9,437 8,569 27,493 26,007
Net occupancy expense 813 803 2,532 2,519
Equipment costs 758 641 2,021 1,854
Data processing fees and supplies 1,443 1,143 4,115 3,044
Other expense 3,815 3,146 10,089 9,807
Total noninterest expense 16,266 14,302 46,250 43,231
INCOME BEFORE INCOME TAX EXPENSE 14,515 14,087 42,750 40,166
Income tax expense 4,746 4,740 14,499 13,374
NET INCOME $ 9,769 $ 9,347 $ 28,251 $ 26,792
BASIC WEIGHTED AVERAGE COMMON SHARES 16,451,199 16,340,425 16,427,060 16,312,896
BASIC EARNINGS PER COMMON SHARE $ 0.59 $ 0.57 $ 1.72 $ 1.64
DILUTED WEIGHTED AVERAGE COMMON SHARES 16,634,933 16,490,390 16,581,089 16,470,485
DILUTED EARNINGS PER COMMON SHARE $ 0.59 $ 0.57 $ 1.70 $ 1.63