XML 99 R69.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income Taxes (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
Components of Income Tax Expense (Benefit), Continuing Operations                      
Current tax expense                 $ 4,369,000 $ 11,054,000 $ 4,692,000
Deferred tax expense (benefit)                 2,503,000 (3,198,000) 2,419,000
Total 1,104,000 2,185,000 1,456,000 2,127,000 2,153,000 2,359,000 1,173,000 2,171,000 6,872,000 7,856,000 7,111,000
Future tax credits         3,100,000         3,100,000  
Reconciliation between statutory federal income tax rate and effective tax rate                      
Income Tax Reconciliation, Income Tax Expense (Benefit), at Federal Statutory Income Tax Rate                 7,479,000 8,645,000 8,072,000
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate                 35.00% 35.00% 35.00%
Income Tax Reconciliation, Tax Credits                 0 (480,000) (480,000)
Effective Income Tax Rate Reconciliation, Tax Credits                 0.00% (1.90%) (2.10%)
Income Tax Reconciliation, Tax Exempt Income                 (588,000) (512,000) (471,000)
Effective Income Tax Rate Reconciliation, Tax Exempt Income                 (2.70%) (2.10%) (2.00%)
Income Tax Reconciliation, Other Adjustments                 (19,000) 203,000 (10,000)
Effective Income Tax Rate Reconciliation, Other Adjustments                 (0.10%) 0.80% (0.10%)
Effective Income Tax Rate, Continuing Operations                 32.20% 31.80% 30.80%
Deferred tax assets:                      
Covered assets 3,410,000       19,877,000       3,410,000 19,877,000  
Allowance for loan losses 11,100,000       7,139,000       11,100,000 7,139,000  
Fair value adjustment of investment securities available for sale 2,799,000       0       2,799,000 0  
Deferred compensation 535,000       473,000       535,000 473,000  
Other 1,199,000       848,000       1,199,000 848,000  
Deferred Tax Assets, Gross 19,043,000       28,337,000       19,043,000 28,337,000  
Deferred tax liabilities:                      
FDIC indemnification asset 6,190,000       13,943,000       6,190,000 13,943,000  
Deferred loan fees 1,600,000       1,518,000       1,600,000 1,518,000  
Premises and equipment 590,000       629,000       590,000 629,000  
FHLB stock dividend 144,000       152,000       144,000 152,000  
Investment in partnership 1,092,000       1,092,000       1,092,000 1,092,000  
Prepaid expenses 295,000       217,000       295,000 217,000  
Fair value adjustment of investment securities available for sale 0       2,531,000       0 2,531,000  
Purchase accounting 4,277,000       6,451,000       4,277,000 6,451,000  
Other 278,000       54,000       278,000 54,000  
Deferred Tax Liabilities, Gross 14,466,000       26,587,000       14,466,000 26,587,000  
Deferred tax assets (liabilities), net 4,577,000       1,750,000       4,577,000 1,750,000  
Deferred Tax Assets, Valuation Allowance $ 0               $ 0