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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest Income        
Interest and fees on loans $ 32,983 $ 24,633 $ 94,693 $ 70,843
Interest on investment securities:        
Taxable 2,392 3,438 7,774 11,345
Tax-exempt 299 346 935 1,101
Interest on federal funds sold 0 15 22 38
Total Interest Income 35,674 28,432 103,424 83,327
Interest Expense        
Interest on deposits 3,068 3,312 9,490 10,363
Interest on short-term borrowings 82 79 232 229
Interest on long-term debt 154 166 464 499
Total Interest Expense 3,304 3,557 10,186 11,091
Net Interest Income 32,370 24,875 93,238 72,236
Provision for loan losses 1,154 975 4,903 4,600
Net Interest Income After Provision for Loan Losses 31,216 23,900 88,335 67,636
Non-interest Income        
Total investment securities impairment losses 0 (272) 0 (878)
Noncredit impairment losses recognized in other comprehensive income 0 0 0 302
Net investment securities impairment losses 0 (272) 0 (576)
Gains on sale of investment securities 0 730 93 1,530
Net investment securities gains 0 458 93 954
Service charges 7,169 6,751 20,601 19,296
Bankcard revenue 3,468 3,110 10,117 9,305
Insurance commissions 1,365 1,439 4,563 4,782
Trust and investment management fee income 939 912 2,893 2,662
Bank owned life insurance 805 738 2,416 2,228
Other income 734 671 2,376 1,762
Total Non-interest Income 14,480 14,079 43,059 40,989
Non-interest Expense        
Salaries and employee benefits 12,930 11,295 38,519 32,207
Occupancy and equipment 2,409 2,126 7,381 6,038
Depreciation 1,437 1,175 4,289 3,371
FDIC insurance expense 500 405 1,352 1,184
Advertising 712 674 2,266 1,993
Bankcard expenses 680 720 2,173 2,035
Postage, delivery, and statement mailings 541 529 1,698 1,565
Office supplies 416 407 1,320 1,258
Legal and professional fees 591 611 1,561 1,349
Telecommunications 721 433 1,631 1,209
Repossessed asset losses, net of expenses 896 429 718 1,200
Merger related costs (150) 157 5,455 4,335
Other expenses 2,982 2,885 9,664 8,382
Total Non-interest Expense 24,665 21,846 78,027 66,126
Income Before Income Taxes 21,031 16,133 53,367 42,499
Income tax expense 7,056 5,526 18,398 14,450
Net Income Available to Common Shareholders 13,975 10,607 34,969 28,049
Total comprehensive income $ 13,342 $ 12,719 $ 30,217 $ 31,591
Average common shares outstanding (in shares) 15,608 14,751 15,545 14,700
Effect of dilutive securities:        
Employee stock awards and warrants outstanding (in shares) 182 83 168 83
Shares for diluted earnings per share (in shares) 15,790 14,834 15,713 14,783
Basic earnings per common share (in dollars per share) $ 0.89 $ 0.71 $ 2.23 $ 1.89
Diluted earnings per common share (in dollars per share) $ 0.88 $ 0.71 $ 2.21 $ 1.88
Dividends declared per common share (in dollars per share) $ 0.37 $ 0.35 $ 1.11 $ 1.05