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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, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest Income        
Interest and fees on loans $ 29,292 $ 32,983 $ 87,647 $ 94,693
Interest and dividends on investment securities:        
Taxable 2,864 2,392 8,797 7,774
Tax-exempt 282 299 840 935
Interest on federal funds sold 0 0 0 22
Total Interest Income 32,438 35,674 97,284 103,424
Interest Expense        
Interest on deposits 2,730 3,068 8,220 9,490
Interest on short-term borrowings 86 82 246 232
Interest on long-term debt 152 154 453 464
Total Interest Expense 2,968 3,304 8,919 10,186
Net Interest Income 29,470 32,370 88,365 93,238
Provision for loan losses 1,872 1,154 3,670 4,903
Net Interest Income After Provision for Loan Losses 27,598 31,216 84,695 88,335
Non-interest Income        
Gains on sale of investment securities 71 0 972 93
Service charges 6,934 7,169 19,833 20,601
Bankcard revenue 3,796 3,468 11,319 10,117
Insurance commissions 1,396 1,365 4,740 4,563
Trust and investment management fee income 1,103 939 3,251 2,893
Bank owned life insurance 771 805 2,292 2,416
Other income 538 734 1,646 2,376
Total Non-interest Income 14,609 14,480 44,053 43,059
Non-interest Expense        
Salaries and employee benefits 13,144 12,930 39,260 38,519
Occupancy and equipment 2,531 2,409 7,541 7,381
Depreciation 1,542 1,437 4,553 4,289
FDIC insurance expense 432 500 1,199 1,352
Advertising 799 712 2,548 2,266
Bankcard expenses 843 680 2,482 2,173
Postage, delivery, and statement mailings 557 541 1,662 1,698
Office supplies 405 416 1,235 1,320
Legal and professional fees 476 591 1,497 1,561
Telecommunications 510 721 1,354 1,631
Repossessed asset losses, net of expenses 31 896 552 718
Merger related costs 0 (150) 0 5,455
Other expenses 3,055 2,982 8,123 9,664
Total Non-interest Expense 24,325 24,665 72,006 78,027
Income Before Income Taxes 17,882 21,031 56,742 53,367
Income tax expense 6,010 7,056 18,310 18,398
Net Income Available to Common Shareholders 11,872 13,975 38,432 34,969
Total comprehensive income $ 11,460 $ 13,342 $ 40,501 $ 30,217
Average common shares outstanding (in shares) 15,363 15,608 15,509 15,545
Effect of dilutive securities, employee stock awards and warrants outstanding (in shares) 82 182 85 168
Effect of dilutive securities:        
Shares for diluted earnings per share (in shares) 15,445 15,790 15,594 15,713
Basic earnings per common share (in dollars per share) $ 0.76 $ 0.89 $ 2.45 $ 2.23
Diluted earnings per common share (in dollars per share) $ 0.76 $ 0.88 $ 2.44 $ 2.21
Dividends declared per common share (in dollars per share) $ 0.40 $ 0.37 $ 1.20 $ 1.11