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Consolidated Statements of Earnings (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
INTEREST INCOME:        
Interest and fees on loans $ 33,846 $ 28,950 $ 66,904 $ 55,396
Interest on investment securities:        
Taxable 7,091 6,313 14,175 12,688
Exempt from federal income tax 8,228 7,063 16,208 13,642
Interest on federal funds sold and interest-bearing deposits in banks 89 120 176 296
Total interest income 49,254 42,446 97,463 82,022
INTEREST EXPENSE:        
Interest on deposits 955 853 1,895 1,721
Other 82 93 178 130
Total interest expense 1,037 946 2,073 1,851
Net interest income 48,217 41,500 95,390 80,171
PROVISION FOR LOAN LOSSES 1,124 832 2,814 1,233
Net interest income after provision for loan losses 47,093 40,668 92,576 78,938
NONINTEREST INCOME:        
Trust fees 4,549 3,953 9,125 7,746
Service charges on deposit accounts 4,174 4,316 8,221 8,211
ATM, interchange and credit card fees 4,754 4,181 9,197 7,910
Real estate mortgage operations 1,337 1,686 2,361 3,069
Net gain (loss) on sale of available-for-sale securities (includes $(1) and $33 for the three months ended June 30, 2014 and 2013, respectively, and $(5) and $255 for the six months ended June 30, 2014 and 2013, respectively, related to accumulated other comprehensive earnings reclassifications) (1) 33 (5) 255
Net gain (loss) on sale of foreclosed assets 47 17 499 (299)
Other 1,012 967 2,879 2,221
Total noninterest income 15,872 15,153 32,277 29,113
NONINTEREST EXPENSE:        
Salaries and employee benefits 17,274 16,151 34,688 31,331
Net occupancy expense 2,273 2,064 4,507 3,831
Equipment expense 2,665 2,380 5,287 4,661
FDIC insurance premiums 684 568 1,343 1,141
ATM, interchange and credit card expenses 1,696 1,347 3,176 2,687
Professional and service fees 963 1,027 2,044 1,830
Printing, stationery and supplies 554 498 1,329 970
Amortization of intangible assets 74 33 148 43
Other 8,819 5,843 14,927 10,888
Total noninterest expense 35,002 29,911 67,449 57,382
EARNINGS BEFORE INCOME TAXES 27,963 25,910 57,404 50,669
INCOME TAX EXPENSE (includes $0 and $12 for the three months ended June 30, 2014 and 2013, respectively, and $(2) and $89 for the six months ended June 30, 2014 and 2013, respectively, related to income tax expense from reclassification items) 6,758 6,420 13,863 12,602
NET EARNINGS $ 21,205 $ 19,490 $ 43,541 $ 38,067
EARNINGS PER SHARE, BASIC $ 0.33 $ 0.31 $ 0.68 $ 0.60
EARNINGS PER SHARE, ASSUMING DILUTION $ 0.33 $ 0.31 $ 0.68 $ 0.60
DIVIDENDS PER SHARE $ 0.14 $ 0.13 $ 0.27 $ 0.26