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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest and dividend income:      
Interest and fees on loans $ 131,253 $ 134,476 $ 139,048
Interest and dividends on investment securities 38,145 48,651 53,945
Dividends on non-marketable securities 1,210 1,206 1,559
Interest on interest-bearing bank deposits 799 329 923
Total interest and dividend income 171,407 184,662 195,475
Interest expense:      
Interest on deposits 13,609 14,120 16,393
Interest on borrowings 853 293 121
Total interest expense 14,462 14,413 16,514
Net interest income before provision for loan losses 156,945 170,249 178,961
Provision for loan losses 12,444 6,209 4,296
Net interest income after provision for loan losses 144,501 164,040 174,665
Non-interest income:      
Service charges 14,798 15,430 15,955
Bank card fees 10,898 10,123 9,956
Gain on sales of mortgages, net 1,963 1,000 1,358
Bank-owned life insurance income 1,614 442  
Other non-interest income 3,692 3,368 2,901
Bargain purchase gain 1,048    
Gain on previously charged-off acquired loans 609 737 1,339
OREO related write-ups and other income 2,379 3,807 4,817
FDIC indemnification asset amortization, net of gain on termination (15,878) (27,741) (18,960)
FDIC loss sharing income (expense) 325 (8,862) 2,811
Total non-interest income 21,448 (1,696) 20,177
Non-interest expense:      
Salaries and benefits 83,018 82,834 90,002
Occupancy and equipment 24,490 25,101 24,700
Telecommunications and data processing 11,507 11,927 13,073
Marketing and business development 4,325 4,571 5,280
FDIC deposit insurance 3,922 4,130 4,122
ATM/debit card expenses 3,701 3,079 4,262
Professional fees 4,495 3,257 3,734
Other non-interest expense 11,107 10,471 12,636
Problem asset workout 4,541 (1,868) 16,601
Intangible asset amortization 5,401 5,344 5,346
Loss (gain) from the change in fair value of warrant liability 106 (2,953) 820
Banking center closure related expenses 1,411   3,389
Contract termination expenses   4,110  
Total non-interest expense 158,024 150,003 183,965
Income before income taxes 7,925 12,341 10,877
Income tax expense 3,044 3,165 3,950
Net income $ 4,881 $ 9,176 $ 6,927
Income per share-basic (in dollars per share) $ 0.14 $ 0.22 $ 0.14
Income per share-diluted (in dollars per share) $ 0.14 $ 0.22 $ 0.14
Weighted average number of common shares outstanding:      
Basic (Shares) 34,349,996 42,404,609 50,790,410
Diluted (Shares) 34,363,487 42,421,014 50,824,422