PARENT COMPANY FINANCIAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

CONDENSED BALANCE SHEETS

CONDENSED BALANCE SHEETS	December 31,
	2013			2012
ASSETS
Cash and due from banks	$	3,050		$	4,534
Investment in bank subsidiaries at equity in underlying net assets	311,868			306,054
Investment in nonbank subsidiaries at equity in underlying net assets	1,826			3,050
Other assets	3,521			4,553
TOTAL ASSETS	$	320,265		$	318,191
LIABILITIES
Long-term debt	$	60,311		$	60,311
Other liabilities	436			117
TOTAL LIABILITIES	60,747			60,428
SHAREHOLDERS' EQUITY
Common stock ($1.25 par, 40,000,000 shares authorized, 20,386,221 shares issued in 2013 and 19,446,187 shares issued in 2012)	25,483			24,308
Paid-in capital	214,091			195,602
Retained earnings	78,673			70,708
Treasury stock (2,469,638 and 2,379,338 shares at cost)	(37,692		)	(35,793		)
Accumulated other comprehensive (loss) income	(21,037		)	2,938
TOTAL SHAREHOLDERS' EQUITY	259,518			257,763
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$	320,265		$	318,191

CONDENSED STATEMENTS OF INCOME

CONDENSED STATEMENTS OF INCOME

	Years Ended December 31,
	2013		2012		2011
INCOME	(in thousands)
Dividends from subsidiary	$	15,000	$	25,000	$	17,000
Interest income	43		93		98
TOTAL INCOME	15,043		25,093		17,098
EXPENSE
Interest expense	1,449		3,085		3,266
Other	2,461		2,429		2,164
TOTAL EXPENSE	3,910		5,514		5,430
Income before income tax expense	11,133		19,579		11,668
Income tax benefit	1,315		1,897		1,866
Income before equity in undistributed earnings of subsidiaries	12,448		21,476		13,534
Equity in undistributed earnings of subsidiaries	28,742		13,219		25,599
NET INCOME	$	41,190	$	34,695	$	39,133

CONDENSED STATEMENTS OF CASH FLOW

CONDENSED STATEMENTS OF CASH FLOW

	Years Ended December 31,
	2013			2012			2011
	(in thousands)
OPERATING ACTIVITIES:
Net Income	$	41,190		$	34,695		$	39,133
Adjustments to reconcile net income to net cash provided by operations:
Equity in undistributed earnings of subsidiaries	(28,742		)	(13,219		)	(25,599		)
Decrease (increase) in other assets	1,032			(989		)	(187		)
Increase (decrease) in other liabilities	319			(231		)	(22		)
Net cash provided by operating activities	13,799			20,256			13,325
INVESTING ACTIVITIES:
Investment in subsidiaries	—			(500		)	—
Dissolution of subsidiaries	1,153			59			713
Net cash provided by (used in) investing activities	1,153			(441		)	713
FINANCING ACTIVITIES:
Purchase of common stock	(1,899		)	(7,416		)	—
Proceeds from issuance of common stock	1,551			1,874			1,481
Dividends paid	(16,088		)	(19,084		)	(14,671		)
Payments for other financing activities	—			(3		)	—
Net cash used in financing activities	(16,436		)	(24,629		)	(13,190		)
Net (decrease) increase in cash and cash equivalents	(1,484		)	(4,814		)	848
Cash and cash equivalents at beginning of year	4,534			9,348			8,500
Cash and cash equivalents at end of year	$	3,050		$	4,534		$	9,348