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OPERATING SEGMENTS (Tables)
12 Months Ended
Dec. 31, 2012
OPERATING SEGMENTS  
Summary of the operating segments

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

(In thousands) 

 

Banking

 

Insurance

 

Parent

 

Eliminations

 

Consolidated

 

Year ended December 31, 2012

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

145,167

 

$

 

$

15,221

 

$

(17,000

)

$

143,388

 

Provision for loan losses

 

9,590

 

 

 

 

9,590

 

Non-interest income

 

43,330

 

10,726

 

19,678

 

(19,678

)

54,056

 

Non-interest expense

 

128,366

 

8,452

 

3,988

 

 

140,806

 

Income before income taxes

 

50,541

 

2,274

 

30,911

 

(36,678

)

47,048

 

Income tax expense (benefit)

 

14,597

 

903

 

(2,277

)

 

13,223

 

Net income from continuing operations

 

35,944

 

1,371

 

33,188

 

(36,678

)

33,825

 

Income from discontinued operations before income taxes (including gain on disposal of $63)

 

(261

)

 

 

 

(261

)

Income tax expense

 

376

 

 

 

 

376

 

Net income from discontinued operations

 

(637

)

 

 

 

(637

)

Net income

 

$

35,307

 

$

1,371

 

$

33,188

 

$

(36,678

)

$

33,188

 

 

 

 

 

 

 

 

 

 

 

 

 

Average assets (in millions)

 

$

5,006

 

$

30

 

$

559

 

$

(392

)

$

5,203

 

 

(In thousands) 

 

Banking

 

Insurance

 

Parent

 

Eliminations

 

Consolidated

 

Year ended December 31, 2011

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

107,348

 

$

 

$

3,372

 

$

(4,200

)

$

106,520

 

Provision for loan losses

 

7,563

 

 

 

 

7,563

 

Non-interest income

 

24,716

 

11,087

 

16,067

 

(16,067

)

35,803

 

Non-interest expense

 

103,571

 

8,752

 

4,119

 

 

116,442

 

Income before income taxes

 

20,930

 

2,335

 

15,320

 

(20,267

)

18,318

 

Income tax expense (benefit)

 

2,932

 

980

 

(2,028

)

 

1,884

 

Net income from continuing operations

 

17,998

 

1,355

 

17,348

 

(20,267

)

16,434

 

Income from discontinued operations before income taxes (including gain on disposal of $4,962)

 

4,684

 

 

 

 

4,684

 

Income tax expense

 

3,770

 

 

 

 

3,770

 

Net income from discontinued operations

 

914

 

 

 

 

914

 

Net income

 

$

18,912

 

$

1,355

 

$

17,348

 

$

(20,267

)

$

17,348

 

 

 

 

 

 

 

 

 

 

 

 

Average assets (in millions)

 

$

3,447

 

$

32

 

$

435

 

$

(433

)

$

3,481

 

 

(In thousands) 

 

Banking

 

Insurance

 

Parent

 

Eliminations

 

Total
Consolidated

 

Year ended December 31, 2010

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

77,802

 

$

 

$

(855

)

$

 

$

76,947

 

Provision for loan losses

 

8,526

 

 

 

 

8,526

 

Non-interest income

 

18,560

 

11,193

 

14,966

 

(14,968

)

29,751

 

Non-interest expense

 

71,327

 

9,385

 

1,426

 

(1

)

82,137

 

Income before income taxes

 

16,509

 

1,808

 

12,685

 

(14,967

)

16,035

 

Income tax expense (benefit)

 

2,608

 

743

 

(930

)

(1

)

2,420

 

Net income

 

$

13,901

 

$

1,065

 

$

13,615

 

$

(14,966

)

$

13,615

 

 

 

 

 

 

 

 

 

 

 

 

 

Average assets (in millions)

 

$

2,704

 

$

32

 

$

361

 

$

(359

)

$

2,738