XML 84 R103.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income Tax (Details) (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Tax Contingency [Line Items]                      
State operating loss carryforwards, set to begin to expire in 2023 $ 25,300,000               $ 25,300,000    
State tax credit carryforwards, set to expire in 2014 1,700,000               1,700,000    
Current tax (benefit) expense                 21,581,000 21,218,000 21,688,000
Deferred tax expense (benefit)                 5,413,000 (3,656,000) (3,783,000)
Income tax expense (benefit) 7,911,000 6,734,000 7,414,000 4,935,000 5,342,000 4,655,000 4,367,000 3,198,000 26,994,000 17,562,000 17,905,000
Deferred tax assets:                      
Allowance for loan and lease losses 27,196,000       30,027,000       27,196,000 30,027,000  
Supplemental executive retirement plan 8,565,000       6,967,000       8,565,000 6,967,000  
Stock option and restricted stock 917,000       682,000       917,000 682,000  
OREO costs 7,929,000       3,801,000       7,929,000 3,801,000  
Nonaccrual interest 2,354,000       193,000       2,354,000 193,000  
Deferred tax assets, purchase accounting 15,551,000       0       15,551,000 0  
Deferred Tax Assets, Unrealized Losses on Available-for-Sale Securities, Gross 7,176,000       0       7,176,000 0  
deferred tax liabilities, unrealized gains on available-for-sale securities 0       11,150,000       0 11,150,000  
Other 1,741,000       557,000       1,741,000 557,000  
Total deferred tax assets 71,429,000       42,227,000       71,429,000 42,227,000  
Deferred tax liabilities:                      
Asset purchase tax basis difference (7,754,000)       (19,408,000)       (7,754,000) (19,408,000)  
FHLB stock dividends (4,159,000)       (1,963,000)       (4,159,000) (1,963,000)  
Purchase accounting 0       (745,000)       0 (745,000)  
Deferred loan fees (4,512,000)       (1,755,000)       (4,512,000) (1,755,000)  
Depreciation (7,076,000)       (1,870,000)       (7,076,000) (1,870,000)  
Total deferred tax liabilities 23,501,000       36,891,000       23,501,000 36,891,000  
Net deferred tax (liability) asset 47,928,000       5,336,000       47,928,000 5,336,000  
Reconciliation of effective income tax rate with federal statutory tax rate                      
Income tax based on statutory rate                 30,454,000 22,297,000 23,080,000
Income tax based on statutory rate, percent                 35.00% 35.00% 35.00%
Tax credits                 (1,038,000) (504,000) (608,000)
Tax credits, percent                 (1.00%) (1.00%) (1.00%)
Tax exempt instrument                 (4,113,000) (3,906,000) (3,824,000)
Tax exempt instrument, percent                 (5.00%) (6.00%) (6.00%)
Life insurance proceeds                 (1,250,000) (1,001,000) (766,000)
Life insurance proceeds, percent                 (1.00%) (2.00%) (1.00%)
Bargain purchase                 0 0 (1,036,000)
Bargain purchase, percent                 0.00% 0.00% (2.00%)
effective income tax rate reconciliation, nondeductible expense, business combination, amount                 1,362,000 0 0
effective income tax rate reconciliation, nondeductible expense, business combination, percent                 2.00% 0.00% 0.00%
Other, net                 1,579,000 676,000 1,059,000
Other, net, percent                 1.00% 1.00% 2.00%
Income tax expense (benefit) 7,911,000 6,734,000 7,414,000 4,935,000 5,342,000 4,655,000 4,367,000 3,198,000 26,994,000 17,562,000 17,905,000
Income tax provision (benefit), percent                 31.00% 27.00% 27.00%
Unrecognized tax position 0               0    
Interest and penalties on unrecognized tax benefits                 $ 0