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Condensed Consolidated Statements of Income and Other Comprehensive 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, including loans held for sale $ 34,298 $ 36,180 $ 103,628 $ 109,048
Interest and dividends on securities        
Taxable 3,148 2,598 9,001 7,631
Tax exempt 534 455 1,525 1,263
Interest and dividends on Federal Reserve Bank and Federal Home Loan Bank stock 345 329 1,054 1,042
Other, including interest on federal funds sold 125 146 423 425
Total interest income 38,450 39,708 115,631 119,409
Interest expense:        
Interest on deposits 4,777 5,193 14,178 16,534
Interest on repurchase agreements and other short-term borrowings 294 397 953 1,251
Interest on advances from Federal Home Loan Bank 8 23 27 77
Interest on long-term debt 325 1,000 2,102 3,000
Total interest expense 5,404 6,613 17,260 20,862
Net interest income 33,046 33,095 98,371 98,547
Provision for loan losses 2,919 2,515 6,504 10,222
Net interest income after provision for loan losses 30,127 30,580 91,867 88,325
Noninterest income:        
Service charges on deposit accounts 6,038 6,681 17,865 18,999
Gains on sales of loans, net 660 438 1,982 1,166
Trust income 1,734 1,597 5,169 4,790
Loan related fees 631 250 2,528 1,609
Bank owned life insurance 462 433 1,321 1,269
Securities gains 0 0 819 0
Other noninterest income 1,313 1,543 4,330 4,440
Total noninterest income 10,838 10,942 34,014 32,273
Noninterest expense:        
Officer salaries and employee benefits 3,048 2,087 7,727 6,597
Other salaries and employee benefits 10,237 10,153 30,773 30,444
Occupancy, net 1,969 2,013 5,681 6,043
Equipment 957 1,008 2,870 2,781
Data processing 1,644 1,550 4,771 4,992
Bank franchise tax 1,130 1,120 3,413 3,403
Legal fees 522 631 1,619 2,131
Professional fees 411 285 1,056 970
FDIC insurance 643 591 1,913 2,554
Other real estate owned provision and expense 1,123 1,465 2,672 4,497
Other noninterest expense 4,129 4,924 13,216 15,108
Total noninterest expense 25,813 25,827 75,711 79,520
Income before income taxes 15,152 15,695 50,170 41,078
Income taxes 4,943 5,030 15,860 12,139
Net income 10,209 10,665 34,310 28,939
Unrealized holding gains on securities available-for-sale:        
Unrealized holding gains arising during the period 3,337 4,093 7,505 9,702
Less: Reclassification adjustments for realized gains included in net income 0 0 (819) 0
Tax expense 1,168 1,432 2,340 3,395
Other comprehensive income, net of tax 2,169 2,661 4,346 6,307
Comprehensive income $ 12,378 $ 13,326 $ 38,656 $ 35,246
Basic earnings per share (in dollars per share) $ 0.66 $ 0.70 $ 2.22 $ 1.89
Diluted earnings per share (in dollars per share) $ 0.66 $ 0.70 $ 2.21 $ 1.89
Weighted average shares outstanding-basic (in shares) 15,491 15,318 15,450 15,307
Weighted average shares outstanding-diluted (in shares) 15,555 15,339 15,501 15,331
Dividends declared per share (in dollars per share) $ 0.315 $ 0.310 $ 0.935 $ 0.920