XML 15 R4.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Interest Income    
Interest and fees on loans$ 23,326$ 24,487$ 70,416$ 75,332
Interest on investment securities:    
Taxable4,6395,01913,69415,947
Tax-exempt3924521,2991,383
Interest on federal funds sold13123913
Total Interest Income28,37029,97085,44892,675
Interest Expense    
Interest on deposits4,5506,55115,82920,566
Interest on short-term borrowings9086239284
Interest on long-term debt159173474496
Total Interest Expense4,7996,81016,54221,346
Net Interest Income23,57123,16068,90671,329
Provision for loan losses01,8472,3724,750
Net Interest Income After Provision for Loan Losses23,57121,31366,53466,579
Non-interest Income    
Total investment securities impairment losses(1,849)(3,028)(1,849)(7,468)
Noncredit impairment losses recognized in other comprehensive income1,4941271,4942,623
Net investment securities impairment losses(355)(2,901)(355)(4,845)
Gains on sale of investment securities6271,3353,7561,397
Net investment securities gains (losses)272(1,566)3,401(3,448)
Service charges9,8409,70228,74930,378
Insurance commissions1,3881,3464,5133,987
Trust and investment management fee income6996182,1812,047
Bank owned life insurance9521,1042,4552,645
Other income3804391,4341,424
Total Non-interest Income13,53111,64342,73337,033
Non-interest Expense    
Salaries and employee benefits10,3029,81730,39729,311
Occupancy and equipment2,0571,9176,0845,836
Depreciation1,1311,1453,4083,537
FDIC insurance expense3929632,2762,775
Advertising5468911,8543,045
Bankcard expenses5594811,6931,405
Postage, delivery, and statement mailings5515991,6151,823
Office supplies4924971,4831,474
Legal and professional fees5674144,5471,175
Telecommunications3714131,2171,304
Repossessed asset losses, net of expenses1092343001,258
Other expenses2,6112,4337,5857,377
Total Non-interest Expense19,68819,80462,45960,320
Income Before Income Taxes17,41413,15246,80843,292
Income tax expense5,8374,12915,78414,241
Net Income Available to Common Shareholders$ 11,577$ 9,023$ 31,024$ 29,051
Basic earnings per common share$ 0.77$ 0.58$ 2.03$ 1.85
Diluted earnings per common share$ 0.76$ 0.58$ 2.02$ 1.84
Dividends declared per common share$ 0.34$ 0.34$ 1.02$ 1.02
Average common shares outstanding:    
Basic15,00315,49615,16515,646
Diluted15,07115,55215,24215,710