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Consolidated Statements of Earnings (unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest income:        
Loans, including fees $ 18,197 $ 12,355 $ 35,314 $ 24,758
Securities and other investments:        
Taxable 2,251 2,148 4,310 4,217
Nontaxable (8,993) 730 1,651 1,505
Federal funds sold 1 2 5 4
Time and interest bearing deposits in other banks 17 21 55 60
Other investments 78 42 150 87
Total interest income 21,356 15,298 41,485 30,631
Interest expense:        
Deposits 990 1,059 2,068 2,159
Securities sold under agreements to repurchase 182 186 361 367
Other borrowings and payable 106 0 230 0
Junior subordinated debentures 336 244 672 492
Total interest expense 1,614 1,489 3,331 3,018
Net interest income 19,742 13,809 38,154 27,613
Provision for loan losses 1,250 575 1,800 1,250
Net interest income after provision for loan losses 18,492 13,234 36,354 26,363
Non-interest income:        
Service charges on deposit accounts 2,271 1,868 4,442 3,692
Gain on securities, net 0 135 204 135
ATM and debit card income 1,638 1,149 2,994 2,275
Other charges and fees 1,095 813 1,795 1,391
Total non-interest income 5,004 3,965 9,435 7,493
Non-interest expenses:        
Salaries and employee benefits 8,369 6,152 16,761 12,238
Occupancy expense 3,725 2,783 7,322 5,331
FDIC insurance 244 195 589 453
Other 5,929 4,660 11,026 8,436
Total non-interest expense 18,267 13,790 35,698 26,458
Income before income taxes 5,229 3,409 10,091 7,398
Income tax expense 1,566 931 3,000 2,034
Net earnings 3,663 2,478 7,091 5,364
Dividends on preferred stock and accretion of warrants 392 380 684 780
Net earnings available to common shareholders $ 3,271 $ 2,098 $ 6,407 $ 4,584
Earnings per common share:        
Basic (in dollars per share) $ 0.29 $ 0.20 $ 0.57 $ 0.44
Diluted (in dollars per share) $ 0.29 $ 0.20 $ 0.56 $ 0.44