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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest income:    
Interest and fees on loans $ 25,589 $ 25,223
Interest on securities: Taxable 2,942 2,845
Interest on securities: Nontaxable 582 659
Dividends on Federal Home Loan Bank stock 142 38
Other interest income 35 28
Total interest and dividend income 29,290 28,793
Interest expense:    
Deposits 2,969 3,194
Federal Home Loan Bank advances 2,241 2,737
Junior subordinated debentures 241 390
Other interest expense 3 5
Total interest expense 5,454 6,326
Net interest income 23,836 22,467
Provision for loan losses 300 600
Net interest income after provision for loan losses 23,536 21,867
Noninterest income:    
Wealth management revenues 8,065 7,474
Merchant processing fees 1,291 1,977
Net gains on loan sales and commissions on loans originated for others 1,239 4,166
Service charges on deposit accounts 754 791
Card interchange fees 681 599
Income from bank-owned life insurance 445 467
Net gains (losses) on interest rate swap contracts 260 19
Equity in earnings (losses) of unconsolidated subsidiaries (43) 39
Gain on sale of business line 6,265 0
Other income 413 406
Noninterest income, excluding other-than-temporary impairment losses 19,370 15,938
Total other-than-temporary impairment losses on securities 0 (613)
Portion of loss recognized in other comprehensive income (before taxes) 0 (2,159)
Net impairment losses recognized in earnings 0 (2,772)
Total noninterest income 19,370 13,166
Noninterest expense:    
Salaries and employee benefits 14,558 15,442
Net occupancy 1,640 1,514
Equipment 1,236 1,244
Merchant processing costs 1,050 1,673
Outsourced services 1,044 841
Legal, audit and professional fees 618 608
FDIC deposit insurance costs 440 431
Advertising and promotion 232 355
Amortization of intangibles 164 173
Foreclosed property costs (22) 47
Debt prepayment penalties 6,294 0
Other expenses 2,038 1,856
Total noninterest expense 29,292 24,184
Income before income taxes 13,614 10,849
Income tax expense 4,316 3,428
Net income $ 9,298 $ 7,421
Weighted average common shares outstanding - basic 16,626 16,401
Weighted average common shares outstanding - diluted 16,800 16,449
Per share information:    
Basic earnings per common share $ 0.56 $ 0.45
Diluted earnings per common share $ 0.55 $ 0.45
Cash dividends declared per share $ 0.29 $ 0.25