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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, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Interest Income        
Interest and fees on loans $ 24,633 $ 23,326 $ 70,843 $ 70,416
Interest on investment securities:        
Taxable 3,438 4,639 11,345 13,694
Tax-exempt 346 392 1,101 1,299
Interest on federal funds sold 15 13 38 39
Total Interest Income 28,432 28,370 83,327 85,448
Interest Expense        
Interest on deposits 3,312 4,550 10,363 15,829
Interest on short-term borrowings 79 90 229 239
Interest on long-term debt 166 159 499 474
Total Interest Expense 3,557 4,799 11,091 16,542
Net Interest Income 24,875 23,571 72,236 68,906
Provision for loan losses 975   4,600 2,372
Net Interest Income After Provision for Loan Losses 23,900 23,571 67,636 66,534
Non-interest Income        
Total investment securities impairment losses (272) (1,849) (878) (1,849)
Noncredit impairment losses recognized in other comprehensive income   1,494 302 1,494
Net investment securities impairment losses (272) (355) (576) (355)
Gains on sale of investment securities 730 627 1,530 3,756
Net investment securities gains 458 272 954 3,401
Service charges 9,861 9,840 28,601 28,749
Insurance commissions 1,439 1,388 4,782 4,513
Trust and investment management fee income 912 699 2,662 2,181
Bank owned life insurance 738 952 2,228 2,455
Other income 671 380 1,762 1,434
Total Non-interest Income 14,079 13,531 40,989 42,733
Non-interest Expense        
Salaries and employee benefits 11,295 10,302 32,207 30,397
Occupancy and equipment 2,126 2,057 6,038 6,084
Depreciation 1,175 1,131 3,371 3,408
FDIC insurance expense 405 392 1,184 2,276
Advertising 674 546 1,993 1,854
Bankcard expenses 720 559 2,035 1,693
Postage, delivery, and statement mailings 529 551 1,565 1,615
Office supplies 407 492 1,258 1,483
Legal and professional fees 611 567 1,349 4,547
Telecommunications 433 371 1,209 1,217
Repossessed asset losses, net of expenses 429 109 1,200 300
Merger related costs 157   4,335  
Other expenses 2,885 2,611 8,382 7,585
Total Non-interest Expense 21,846 19,688 66,126 62,459
Income Before Income Taxes 16,133 17,414 42,499 46,808
Income tax expense 5,526 5,837 14,450 15,784
Net Income Available to Common Shareholders 10,607 11,577 28,049 31,024
Total comprehensive income $ 12,719 $ 10,714 $ 31,591 $ 30,820
Average common shares outstanding 14,751 15,003 14,700 15,165
Effect of dilutive securities:        
Employee stock options 83 68 83 77
Shares for diluted earnings per share 14,834 15,071 14,783 15,242
Basic earnings per common share $ 0.71 $ 0.77 $ 1.89 $ 2.03
Diluted earnings per common share $ 0.71 $ 0.76 $ 1.88 $ 2.02
Dividends declared per common share $ 0.35 $ 0.34 $ 1.05 $ 1.02