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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Interest income:    
Interest and fees on loans $ 31,452 $ 33,395
Interest on mortgage-backed securities 3,729 5,718
Interest on reverse mortgages 243 (29)
Interest and dividends on investment securities 142 130
Other interest income 25 9
Total interest income 35,591 39,223
Interest expense:    
Interest on deposits 2,019 4,015
Interest on Federal Home Loan Bank advances 443 1,937
Interest on federal funds purchased and securities sold under agreements to repurchase 249 247
Interest on trust preferred borrowings 329 375
Interest on senior debt 943  
Interest on other borrowings 28 119
Total interest expenses 4,011 6,693
Net interest income 31,580 32,530
Provision for loan losses 2,231 8,245
Net interest income after provision for loan losses 29,349 24,285
Noninterest income:    
Credit/debit card and ATM income 5,668 5,422
Deposit service charges 4,014 4,014
Investment management and fiduciary revenue 3,728 3,031
Securities gains, net 1,644 2,036
Mortgage banking activities, net 737 516
Loan fee income 495 610
Bank owned life insurance income 40 185
Other income 1,748 944
Total non interest income 18,074 16,758
Noninterest expense:    
Salaries, benefits and other compensation 17,983 16,235
Occupancy expense 3,383 3,048
Equipment expense 1,829 1,667
Data processing and operations expense 1,349 1,322
FDIC expenses 1,166 1,437
Professional Fees 947 1,164
Marketing Expense 517 779
Loan workout and OREO expense 170 836
Other operating expense 5,026 4,501
Total non interest expenses 32,370 30,989
Income before taxes 15,053 10,054
Income tax provision 5,313 3,610
Net income 9,740 6,444
Dividends on preferred stock and accretion of discount 692 692
Net income allocable to common stockholders $ 9,048 $ 5,752
Earnings per share:    
Basic $ 1.03 $ 0.66
Diluted $ 1.02 $ 0.66