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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest and dividend income        
Loans $ 45,443 $ 38,787 $ 92,524 $ 73,838
Securities and other 4,254 3,869 8,054 7,490
Total interest and dividend income 49,697 42,656 100,578 81,328
Interest expense        
Deposits 5,052 5,482 10,415 10,984
Borrowings and junior subordinated notes 3,541 2,121 7,122 4,146
Total interest expense 8,593 7,603 17,537 15,130
Net interest income 41,104 35,053 83,041 66,198
Non-interest income        
Loan related income 2,644 1,479 5,361 2,650
Mortgage banking income 2,129 2,045 4,346 2,247
Deposit related fees 4,805 3,963 9,064 7,463
Insurance commissions and fees 2,407 2,768 5,404 5,514
Wealth management fees 2,070 1,757 4,334 3,657
Total fee income 14,055 12,012 28,509 21,531
Other 546 269 890 510
Gain on sale of securities, net 1,005 7 1,005 7
Non-recurring gain       42
Total non-interest income 15,606 12,288 30,404 22,090
Total net revenue 56,710 47,341 113,445 88,288
Provision for loan losses 2,700 2,250 5,100 4,250
Non-interest expense        
Compensation and benefits 18,151 15,638 35,892 29,227
Occupancy and equipment 5,737 4,490 11,505 8,885
Technology and communications 3,480 2,258 6,471 4,216
Marketing and promotion 603 778 1,241 1,129
Professional services 1,764 1,493 3,254 2,858
FDIC premiums and assessments 890 870 1,718 1,551
Other real estate owned and foreclosures 284 (6) 307 173
Amortization of intangible assets 1,345 1,357 2,722 2,668
Merger and conversion related expenses 775 4,085 5,839 8,308
Other 4,906 3,221 8,469 5,363
Total non-interest expense 37,935 34,184 77,418 64,378
Income from continuing operations before income taxes 16,075 10,907 30,927 19,660
Income tax expense 4,038 2,921 8,425 5,193
Net income from continuing operations 12,037 7,986 22,502 14,467
Loss from discontinued operations before income taxes (including gain on disposal of $63 in 2012)       (261)
Income tax expense       376
Net loss from discontinued operations       (637)
Net income $ 12,037 $ 7,986 $ 22,502 $ 13,830
Basic earnings per share:        
Continuing operations (in dollars per share) $ 0.49 $ 0.37 $ 0.91 $ 0.68
Discontinued operations (in dollars per share)       $ (0.03)
Total basic earnings per share (in dollars per share) $ 0.49 $ 0.37 $ 0.91 $ 0.65
Diluted earnings per share:        
Continuing operations (in dollars per share) $ 0.48 $ 0.37 $ 0.90 $ 0.68
Discontinued operations (in dollars per share)   $ (0.03)   $ (0.03)
Total diluted earnings per share (in dollars per share) $ 0.48 $ 0.37 $ 0.90 $ 0.65
Weighted average common shares outstanding:        
Basic (in shares) 24,779 21,742 24,863 21,349
Diluted (in shares) 24,956 21,806 25,049 21,434