XML 76 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2013
Income Taxes [Abstract]  
Schedule Of Components Of The Income Taxes (Benefit)

 

 

 

 

 

 

 

 

 

For the years ended

 

 

December 31,

 

 

2013

 

2012

 

2011

 

 

(in thousands)

Current tax provision

 

 

 

 

 

 

Federal

 

$               13,201 

 

$                 8,660 

 

$                 5,148 

State

 

3,036 

 

2,033 

 

1,124 

 

 

16,237 

 

10,693 

 

6,272 

Deferred tax benefit

 

 

 

 

 

 

Federal

 

(2,322)

 

(2,751)

 

(1,512)

State

 

(90)

 

(148)

 

(449)

 

 

(2,412)

 

(2,899)

 

(1,961)

 

 

$               13,825 

 

$                 7,794 

 

$                 4,311 

 

Schedule Of Income Tax Expenses And Statutory Federal Income Tax Rate

 

 

 

 

 

 

 

 

 

For the years ended

 

 

December 31,

 

 

2013

 

2012

 

2011

 

 

(in thousands)

 

 

 

 

 

 

 

Computed tax expense at statutory rate

 

$               13,628 

 

$                 8,546 

 

$                 4,498 

State taxes

 

1,915 

 

1,225 

 

445 

Tax-exempt interest income

 

(1,954)

 

(1,249)

 

(986)

Other

 

236 

 

(728)

 

354 

 

 

$               13,825 

 

$                 7,794 

 

$                 4,311 

 

Schedule Of Deferred Tax Assets And Liabilities

 

 

 

 

 

 

 

For the years ended

 

 

December 31,

 

 

2013

 

2012

 

 

(in thousands)

Deferred tax assets:

 

 

 

 

Allowance for loan and lease losses

 

$               13,364 

 

$               11,564 

Deferred compensation

 

1,044 

 

1,005 

State taxes

 

1,064 

 

1,005 

Nonqualified stock options

 

2,652 

 

1,611 

Stock appreciation rights

 

103 

 

103 

Tax deductible goodwill

 

10,397 

 

11,446 

Depreciation

 

276 

 

263 

Nonaccrual interest

 

1,444 

 

1,140 

Other than temporary impairment

 

151 

 

144 

Other

 

285 

 

87 

Total deferred tax assets

 

$               30,780 

 

$               28,368 

Deferred tax liabilities:

 

 

 

 

Unrealized gains on investment securities available for sale

 

300 

 

5,514 

Leasing

 

65 

 

65 

Total deferred tax liabilities

 

365 

 

5,579 

Net deferred tax asset

 

$               30,415 

 

$               22,789 

 

Reconciliation Of Unrecognized Tax Benefits

 

 

 

 

 

 

 

 

 

For the years ended

 

 

December 31,

 

 

2013

 

2012

 

2011

 

 

 

 

 

 

 

Beginning balance at January 1

 

$                    230 

 

$                    119 

 

$                      47 

Increases in tax provisions for prior years

 

122 

 

111 

 

72 

Gross unrecognized tax benefits at December 31

 

$                    352 

 

$                    230 

 

$                    119