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Consolidated Statements of Income (Unaudited) (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 Income        
Interest and fees on loans $ 48,029 $ 47,894 $ 95,934 $ 96,150
Interest on investment securities:        
Taxable 2,585 2,587 5,023 5,152
Tax-exempt 1,587 1,465 3,151 2,950
Dividends on nonmarketable equity securities 400 380 551 510
Interest on deposits with the Federal Reserve Bank 180 141 501 369
Total interest income 52,781 52,467 105,160 105,131
Interest Expense        
Interest on deposits 4,264 5,659 8,830 11,761
Interest on short-term borrowings 121 108 235 212
Interest on FHLB advances 0 254 47 517
Total interest expense 4,385 6,021 9,112 12,490
Net Interest Income 48,396 46,446 96,048 92,641
Provision for loan losses 3,000 4,000 6,000 9,000
Net interest income after provision for loan losses 45,396 42,446 90,048 83,641
Noninterest Income        
Service charges and fees on deposit accounts 5,535 5,013 10,730 9,518
Wealth management revenue 3,879 3,169 7,324 6,090
Other charges and fees for customer services 4,303 3,684 8,954 7,049
Mortgage banking revenue 1,649 1,417 3,661 2,602
Gain on sale of investment securities 257 0 1,104 0
Gain on sale of merchant card services 0 0 0 1,280
Other 325 661 414 730
Total noninterest income 15,948 13,944 32,187 27,269
Operating Expenses        
Salaries, wages and employee benefits 24,628 20,539 47,997 41,108
Occupancy 3,380 2,973 7,043 6,127
Equipment and software 3,447 3,127 6,897 6,245
Other 9,586 9,560 21,061 19,690
Total operating expenses 41,041 36,199 82,998 73,170
Income before income taxes 20,303 20,191 39,237 37,740
Federal income tax expense 6,100 6,325 11,800 11,500
Net Income $ 14,203 $ 13,866 $ 27,437 $ 26,240
Net Income Per Common Share:        
Basic (in dollars per share) $ 0.52 $ 0.50 $ 1.00 $ 0.95
Diluted (in dollars per share) $ 0.51 $ 0.50 $ 0.99 $ 0.95
Cash Dividends Declared Per Common Share (dollars per share) $ 0.21 $ 0.20 $ 0.42 $ 0.40