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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Interest income:      
Loans, including fees $ 111,260 $ 97,754 $ 74,770
Investment securities 8,170 6,499 3,938
Investment in short-term receivables 4,449 2,060 138
Short-term investments 145 144 168
Total interest income 124,024 106,457 79,014
Interest expense:      
Deposits 36,239 29,597 24,885
Borrowings and securities sold under repurchase agreements 2,909 2,069 1,482
Total interest expense 39,148 31,666 26,367
Net interest income 84,876 74,791 52,647
Provision for loan losses 9,800 11,035 8,010
Net interest income after provision for loan losses 75,076 63,756 44,637
Noninterest income:      
Service charges on deposit accounts 2,027 2,486 1,577
Investment securities gain, net 316 4,324 485
Gain (loss) on assets sold, net 1,071 500 (147)
Gain on sale of loans, net 835 603 779
Cash surrender value income on bank-owned life insurance 681 750 621
Income from sales of state tax credits 2,785 578 951
Community Development Entity fees 2,875 1,136 670
ATM fee income 1,859 1,686 500
Other 967 1,073 515
Total non-interest income 13,416 13,136 5,951
Noninterest expense:      
Salaries and employee benefits 23,812 20,307 11,996
Occupancy and equipment expenses 10,204 9,755 6,428
Professional fees 6,929 3,269 3,969
Taxes, licenses and FDIC assessments 4,245 3,258 2,661
Tax credit investment amortization 8,639 4,808 2,868
Write-down of other real estate 225 295 1,212
Data processing 4,219 4,485 2,308
Advertising and marketing 2,427 1,904 1,292
Other 6,632 6,926 3,513
Total non-interest expense 67,332 55,007 36,247
Income before income taxes 21,160 21,885 14,341
Income tax benefit (19,751) (7,565) (5,407)
Net income 40,911 29,450 19,748
Less net income attributable to noncontrolling interests   (510) (308)
Net income attributable to Company 40,911 28,940 19,440
Less preferred stock dividends (347) (510) (792)
Less accretion of discount on preferred stock     (580)
Income available to common shareholders $ 40,564 $ 28,430 $ 18,068
Earnings per common share - basic $ 2.38 $ 2.04 $ 1.55
Earnings per common share - diluted $ 2.32 $ 2.02 $ 1.54