XML 27 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Interest Income    
Interest and fees on loans $ 23,068 $ 23,738
Interest on investment securities:    
Taxable 3,964 4,541
Tax-exempt 387 462
Interest on federal funds sold 11 13
Total Interest Income 27,430 28,754
Interest Expense    
Interest on deposits 3,668 5,711
Interest on short-term borrowings 73 72
Interest on long-term debt 167 157
Total Interest Expense 3,908 5,940
Net Interest Income 23,522 22,814
Provision for loan losses 1,950 1,086
Net Interest Income After Provision for Loan Losses 21,572 21,728
Non-interest Income    
Total investment securities impairment losses      
Noncredit impairment losses recognized in other comprehensive income      
Net investment securities impairment losses      
Loss on sale of investment securities (31)  
Net investment securities loss (31)  
Service charges 9,090 9,054
Insurance commissions 1,996 1,621
Trust and investment management fee income 807 753
Bank-owned life insurance 723 758
Other income 533 476
Total Non-interest Income 13,118 12,662
Non-interest Expense    
Salaries and employee benefits 10,245 9,912
Occupancy and equipment 1,935 2,106
Depreciation 1,086 1,136
FDIC insurance expense 385 952
Advertising 644 680
Bankcard expenses 620 501
Postage, delivery, and statement mailings 548 554
Office supplies 455 539
Legal and professional fees 447 469
Telecommunications 389 429
Repossessed asset losses, net of expenses 121 198
Other expenses 2,640 2,382
Total Non-interest Expense 19,515 19,858
Income Before Income Taxes 15,175 14,532
Income tax expense 5,144 4,918
Net Income Available to Common Shareholders 10,031 9,614
Total comprehensive income $ 12,201 $ 10,207
Average common shares outstanding 14,679 15,380
Effect of dilutive securities:    
Employee stock options 80 82
Shares for diluted earnings per share 14,759 15,462
Basic earnings per common share $ 0.68 $ 0.62
Diluted earnings per common share $ 0.67 $ 0.62
Dividends declared per common share $ 0.35 $ 0.34