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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Interest Income        
Interest and fees on loans $ 48,322 $ 49,770 $ 144,472 $ 148,382
Interest on investment securities:        
Taxable 2,458 2,335 7,610 6,884
Tax-exempt 1,457 1,513 4,407 4,385
Dividends on nonmarketable equity securities 128 114 638 605
Interest on deposits with unaffiliated banks and others 136 266 505 856
Total interest income 52,501 53,998 157,632 161,112
Interest Expense        
Interest on deposits 5,238 7,199 16,999 22,628
Interest on short-term borrowings 105 117 317 418
Interest on FHLB advances 248 413 765 1,298
Total interest expense 5,591 7,729 18,081 24,344
Net Interest Income 46,910 46,269 139,551 136,768
Provision for loan losses 4,500 6,400 13,500 20,900
Net interest income after provision for loan losses 42,410 39,869 126,051 115,868
Noninterest Income        
Service charges and fees on deposit accounts 5,028 4,780 14,546 13,504
Wealth management revenue 2,745 2,638 8,835 8,430
Other charges and fees for customer services 2,778 2,581 8,489 7,967
Mortgage banking revenue 1,457 1,173 4,059 2,736
Gain on sale of merchant card services 0 0 1,280 0
Other 54 53 784 262
Total noninterest income 12,062 11,225 37,993 32,899
Operating Expenses        
Salaries, wages and employee benefits 20,738 19,229 61,846 55,622
Occupancy 3,137 3,093 9,264 9,530
Equipment and software 3,406 3,162 9,651 8,994
Other 8,785 9,910 27,137 30,050
Total operating expenses 36,066 35,394 107,898 104,196
Income before income taxes 18,406 15,700 56,146 44,571
Federal income tax expense 5,300 4,075 16,800 12,725
Net Income $ 13,106 $ 11,625 $ 39,346 $ 31,846
Net Income Per Common Share:        
Basic (in dollars per share) $ 0.48 $ 0.42 $ 1.43 $ 1.16
Diluted (in dollars per share) $ 0.48 $ 0.42 $ 1.43 $ 1.16
Cash Dividends Declared Per Common Share $ 0.21 $ 0.20 $ 0.61 $ 0.60