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Statements of Income - Unaudited (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Interest And Fee Income Loans And Leases Abstract        
Interest and fees on loans $ 73,509 $ 64,935 $ 141,549 $ 126,504
Securities 1,680 2,491 3,526 5,217
Federal funds sold 5 40 33 42
Deposits in other banks 65 6 262 15
Total interest income 75,259 67,472 145,370 131,778
Interest Expense Abstract        
Deposits 3,417 8,420 8,288 16,178
Federal funds purchased 94 244 201 609
Repurchase agreements 2 2 4 6
Other borrowings 14 1 14 48
Trust preferred submordinated debentures 638 920 1,271 1,824
Total interest expense 4,165 9,587 9,778 18,665
Net interest income 71,094 57,885 135,592 113,113
Provision for credit losses 8,000 14,500 15,500 28,000
Net interest income after provision for credit losses 63,094 43,385 120,092 85,113
Noninterest Income Abstract        
Service charges on deposit accounts 1,608 1,539 3,391 3,022
Trust fee income 1,066 980 2,020 1,934
Bank Owned Life Insurance (BOLI) Income 539 481 1,062 952
Brokered loan fees 2,558 2,221 5,078 4,125
Equipment rental income 676 1,196 1,459 2,540
Other 1,504 1,619 2,625 2,411
Total non-interest income 7,951 8,036 15,635 14,984
Noninterest Expense Abstract        
Salaries and employee benefits 24,109 21,393 48,281 41,462
Net occupancy expense 3,443 3,032 6,753 6,046
Leased equipment depreciation 447 1,035 1,003 2,094
Marketing 2,733 1,101 4,856 1,888
Legal and professional 4,264 3,298 6,987 5,248
Communications and technology 2,584 2,186 4,931 4,112
FDIC insurance assessment 1,972 2,241 4,483 4,109
Allowance and other carrying costs for OREO 1,023 808 5,053 3,100
Other 4,688 4,024 9,315 8,245
Total non-interest expense 45,263 39,118 91,662 76,304
Income from continuing operations before income taxes 25,782 12,303 44,065 23,793
Income tax expense 9,074 4,187 15,418 8,077
Income from continuing operations 16,708 8,116 28,647 15,716
Loss from discontinued operations (after-tax) (54) (54) (114) (109)
Net income $ 16,654 $ 8,062 $ 28,533 $ 15,607
Earnings Per Share Basic Abstract        
Income from continuing operations $ 0.45 $ 0.22 $ 0.77 $ 0.43
Net income $ 0.45 $ 0.22 $ 0.77 $ 0.43
Earnings Per Share Diluted Abstract        
Income from continuing operations $ 0.44 $ 0.22 $ 0.75 $ 0.42
Net income $ 0.43 $ 0.22 $ 0.74 $ 0.42