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Note 8 - Income Taxes (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
(In thousands)
 
2012
   
2011
   
2010
 
                   
Income taxes currently payable
  $ 11,846     $ 13,996     $ 8,886  
Deferred income taxes
    485       (3,571 )     8,428  
                         
Provision for income taxes
  $ 12,331     $ 10,425     $ 17,314  
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
(In thousands)
 
2012
   
2011
 
             
Deferred tax assets
           
Loans acquired
  $ 24,186     $ 7,150  
FDIC true-up liability
    1,775       1,341  
Allowance for loan losses
    10,736       11,457  
Valuation of foreclosed assets
    669       393  
Deferred compensation payable
    1,676       1,591  
FHLB advances
    409       547  
Vacation compensation
    1,058       1,052  
Accumulated depreciation
    280       --  
Loan interest
    767       767  
Other
    569       522  
Gross deferred tax assets
    42,125       24,820  
                 
Deferred tax liabilities
               
Goodwill and core deposit premium amortization
    (11,190 )     (9,725 )
FDIC indemnification asset
    (31,846 )     (18,703 )
Accumulated depreciation
    --       (189 )
Available-for-sale securities
    (166 )     (283 )
Deferred loan fee income and expenses, net
    (2,373 )     (1,742 )
FHLB stock dividends
    (296 )     (430 )
Other
    (3,443 )     (569 )
Gross deferred tax liabilities
    (49,314 )     (31,641 )
                 
Net deferred tax liability
  $ (7,189 )   $ (6,821 )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
(In thousands)
 
2012
   
2011
   
2010
 
                   
Computed at the statutory rate (35%)
  $ 14,012     $ 12,530     $ 19,051  
Increase (decrease) in taxes resulting from:
                       
State income taxes, net of federal tax benefit
    1,142       883       1,542  
Tax exempt interest income
    (2,615 )     (2,780 )     (2,924 )
Tax exempt earnings on BOLI
    (512 )     (518 )     (584 )
Other differences, net
    304       310       229  
                         
Actual tax provision
  $ 12,331     $ 10,425     $ 17,314