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Consolidated Condensed Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest and dividend income:        
Interest and fees on loans $ 58,401 $ 56,463 $ 118,453 $ 111,875
Interest and dividends on:        
Obligations of U.S. Government, its agencies and other securities 7,770 9,113 16,379 18,502
Interest Income, Securities, State and Municipal 591 0 964 0
Other interest income 249 228 523 445
Total interest and dividend income 67,011 65,804 136,319 130,822
Interest on deposits:        
Demand and savings deposits 933 556 1,757 1,042
Time deposits 2,389 2,542 4,776 5,164
Interest on borrowings:        
Short-term borrowings 82 106 246 239
Long-term debt 6,122 6,085 12,236 12,327
Total interest expense 9,526 9,289 19,015 18,772
Net interest income 57,485 56,515 117,304 112,050
Provision for loan losses 2,637 1,612 3,547 3,244
Net interest income after provision for loan losses 54,848 54,903 113,757 108,806
Other income:        
Income from fiduciary activities 5,438 5,210 10,551 10,122
Service charges on deposit accounts 3,575 3,684 6,998 7,065
Other service income 3,351 3,025 5,925 5,326
Checkcard fee income 3,868 3,665 7,400 7,016
Bank owned life insurance income 1,049 1,086 2,246 2,964
ATM Fees 570 614 1,153 1,192
OREO valuation adjustments (221) (251) (339) (555)
Gain on sale of OREO, net 162 513 296 1,186
Gain (Loss) on Sales of Loans, Net 0 0 0 756
Other 944 1,645 1,895 2,992
Total other income 18,736 19,191 36,125 38,064
Other expense:        
Salaries and employee benefits 21,256 20,995 42,810 41,977
Employee Benefits and Share-based Compensation 4,894 4,729 9,667 10,414
Occupancy expense 2,639 2,381 5,187 4,960
Furniture and equipment expense 3,416 2,831 6,859 5,693
Data processing fees 1,373 1,197 2,590 2,464
Professional fees and services 5,401 5,583 12,068 10,277
Marketing 1,073 937 2,184 1,950
Insurance 1,438 1,362 2,849 2,823
Communication 1,353 1,233 2,574 2,564
Excise and Sales Taxes 798 883 1,724 1,930
Other expense 1,665 2,536 6,693 5,335
Total other expense 45,306 44,667 95,205 90,387
Income before income taxes 28,278 29,427 54,677 56,483
Income taxes 8,280 8,388 15,993 16,400
Net income 19,998 21,039 38,684 40,083
Net income available to common shareholders $ 19,998 $ 21,039 $ 38,684 $ 40,083
Net income available to common shareholders        
Basic $ 1.30 $ 1.37 $ 2.52 $ 2.61
Diluted $ 1.30 $ 1.37 $ 2.51 $ 2.60
Weighted average common shares outstanding        
Basic 15,330,802 15,370,882 15,330,808 15,375,026
Diluted 15,399,283 15,407,881 15,402,896 15,411,920
Cash dividends declared $ 0.94 $ 0.94 $ 1.88 $ 1.88