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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Interest income:        
Interest and fees on loans $ 37,272 $ 34,951 $ 71,633 $ 62,582
Interest on debt securities:        
Taxable 2,366 3,243 4,812 5,813
Nontaxable 236 155 470 265
Interest on federal funds sold 0 0 0 1
Interest on interest-bearing deposits 65 113 142 261
Dividends on equity securities 90 97 187 170
Total interest income 40,029 38,559 77,244 69,092
Interest expense:        
Interest-bearing transaction accounts 193 206 384 395
Money market accounts 1,240 2,124 2,670 4,206
Savings 72 9 141 18
Certificates of deposit:        
$100 and over 1,840 2,305 3,809 4,662
Other 696 800 1,506 1,853
Subordinated debentures 980 1,126 2,129 2,247
Federal Home Loan Bank advances 768 888 1,606 1,788
Notes payable and other borrowings 107 97 237 211
Total interest expense 5,896 7,555 12,482 15,380
Net interest income 34,133 31,004 64,762 53,712
Provision for loan losses not covered under FDIC loss share 75 4,300 1,793 7,900
Provision for loan losses covered under FDIC loss share 206 275 2,491 275
Net interest income after provision for loan losses 33,852 26,429 60,478 45,537
Noninterest income:        
Wealth Management revenue 1,991 1,658 3,700 3,341
Service charges on deposit accounts 1,413 1,194 2,743 2,331
Other service charges and fee income 578 331 1,172 641
Gain on sale of other real estate 1,256 99 2,413 522
Gain on state tax credits, net 587 987 924 1,142
Gain on sale of investment securities 134 506 1,156 680
Change in FDIC loss share receivable (5,694) (1,081) (8,650) (365)
Miscellaneous income 580 524 1,370 889
Total noninterest income 845 4,218 4,828 9,181
Noninterest expense:        
Employee compensation and benefits 11,052 8,265 21,515 16,953
Occupancy 1,379 1,141 2,763 2,280
Furniture and equipment 386 431 850 785
Data processing 829 604 1,649 1,230
FDIC and other insurance 843 1,133 1,796 2,355
Loan legal and other real estate expense 1,955 3,255 4,029 5,691
Other 4,970 3,195 10,176 6,695
Total noninterest expense 21,414 18,024 42,778 35,989
Income before income tax expense 13,283 12,623 22,528 18,729
Income tax expense 4,517 4,350 7,577 6,344
Net income 8,766 8,273 14,951 12,385
Net income available to common shareholders $ 8,122 $ 7,643 $ 13,666 $ 11,129
Earnings per common share        
Basic $ 0.46 $ 0.45 $ 0.77 $ 0.71
Diluted $ 0.44 $ 0.43 $ 0.75 $ 0.70