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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (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 $ 25,363 $ 24,259
Interest on securities: Taxable 4,377 4,773
Interest on securities: Nontaxable 693 769
Dividends on corporate stock and Federal Home Loan Bank stock 77 67
Other interest income 20 24
Total interest income 30,530 29,892
Interest expense:    
Deposits 3,434 4,202
Federal Home Loan Bank advances 4,085 4,732
Junior subordinated debentures 392 390
Other interest expense 234 241
Total interest expense 8,145 9,565
Net interest income 22,385 20,327
Provision for loan losses 900 1,500
Net interest income after provision for loan losses 21,485 18,827
Noninterest income:    
Trust and investment advisory fees 5,778 5,676
Mutual fund fees 1,025 1,123
Financial planning, commissions and other service fees 382 281
Wealth management services 7,185 7,080
Service charges on deposit accounts 759 932
Merchant processing fees 1,988 1,944
Card interchange fees 543 487
Income from bank-owned life insurance 486 476
Net gains on loan sales and commissions on loans originated for others 3,097 525
Net realized losses on securities 0 (29)
Net gains on interest rate swap contracts 28 76
Equity in losses of unconsolidated subsidiaries (37) (144)
Other income 392 383
Noninterest income, excluding other-than-temporary impairment losses 14,441 11,730
Total other-than-temporary impairment losses on securities (85) (54)
Portion of loss recognized in other comprehensive income (before taxes) (124) 21
Net impairment losses recognized in earnings (209) (33)
Total noninterest income 14,232 11,697
Noninterest expense:    
Salaries and employee benefits 14,460 11,828
Net occupancy 1,526 1,321
Equipment 1,107 1,049
Merchant processing costs 1,663 1,669
Outsourced services 920 872
FDIC deposit insurance costs 458 723
Legal, audit and professional fees 482 492
Advertising and promotion 372 353
Amortization of intangibles 187 238
Foreclosed property costs 298 166
Other expenses 1,926 2,029
Total noninterest expense 23,399 20,740
Income before income taxes 12,318 9,784
Income tax expense 3,880 2,984
Net income $ 8,438 $ 6,800
Weighted average common shares outstanding - basic 16,330 16,197
Weighted average common shares outstanding - diluted 16,370 16,230
Per share information:    
Basic earnings per common share $ 0.51 $ 0.42
Diluted earnings per common share $ 0.51 $ 0.42
Cash dividends declared per share $ 0.23 $ 0.22