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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest Income        
Interest and fees on loans $ 37,457 $ 34,805 $ 109,479 $ 98,161
Interest and dividends on investment securities 2,082 1,735 5,589 5,279
Interest on balances with other banks and short-term investments 182 83 564 298
Interest on federal funds sold 3 13 10 41
Total interest income 39,724 36,636 115,642 103,779
Interest Expense        
Interest on deposits 2,544 2,722 8,122 9,130
Interest on customer repurchase agreements 64 68 197 250
Interest on short-term borrowings   2   2
Interest on long-term borrowings 413 536 1,247 1,605
Total interest expense 3,021 3,328 9,566 10,987
Net Interest Income 36,703 33,308 106,076 92,792
Provision for Credit Losses 1,372 3,638 7,094 12,051
Net Interest Income After Provision For Credit Losses 35,331 29,670 98,982 80,741
Noninterest Income        
Service charges on deposits 1,115 988 3,351 2,902
Gain on sale of loans 2,938 3,144 13,355 9,867
Gain on sale of investment securities   464 23 765
Loss on early extinguishment of debt   (529)   (529)
Increase in the cash surrender value of bank owned life insurance 231 100 420 294
Other income 952 684 3,263 2,005
Total noninterest income 5,236 4,851 20,412 15,304
Noninterest Expense        
Salaries and employee benefits 12,187 10,807 34,722 31,520
Premises and equipment expenses 3,222 2,562 8,949 7,541
Marketing and advertising 426 497 1,167 1,340
Data processing 1,386 1,066 4,456 3,273
Legal, accounting and professional fees 984 1,073 2,586 3,315
FDIC insurance 584 485 1,780 1,553
Other expenses 2,884 2,617 9,395 7,664
Total noninterest expense 21,673 19,107 63,055 56,206
Income Before Income Tax Expense 18,894 15,414 56,339 39,839
Income Tax Expense 7,137 5,739 21,335 14,748
Net Income 11,757 9,675 35,004 25,091
Preferred Stock Dividends 142 142 425 425
Net Income Available to Common Shareholders $ 11,615 $ 9,533 $ 34,579 $ 24,666
Earnings Per Common Share        
Basic (in Dollars per share) $ 0.45 $ 0.41 $ 1.35 $ 1.09
Diluted (in Dollars per share) $ 0.44 $ 0.40 $ 1.31 $ 1.07