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CONSOLIDATED CONDENSED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Loans receivable:        
Taxable $ 42,323 $ 34,018 $ 84,348 $ 71,177
Tax exempt 58 113 119 230
Investment securities:        
Taxable 5,046 3,577 9,856 7,195
Tax exempt 3,570 2,515 7,008 4,969
Deposits with financial institutions 35 62 58 81
Federal Reserve and Federal Home Loan Bank stock 495 368 1,147 739
Total Interest Income 51,527 40,653 102,536 84,391
INTEREST EXPENSE        
Deposits 2,874 2,599 5,423 5,490
Federal funds purchased 23 1 72 12
Securities sold under repurchase agreements 187 208 383 402
Federal Home Loan Bank advances 676 462 1,358 921
Subordinated debentures and term loans 1,648 733 3,289 1,458
Total Interest Expense 5,408 4,003 10,525 8,283
NET INTEREST INCOME 46,119 36,650 92,011 76,108
Provision for loan losses    1,997    4,099
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 46,119 34,653 92,011 72,009
OTHER INCOME        
Service charges on deposit accounts 4,098 2,912 7,649 5,641
Fiduciary activities 2,360 2,264 4,572 4,371
Other customer fees 4,049 2,816 7,782 5,596
Commission income 1,886 1,748 4,154 3,920
Earnings on cash surrender value of life insurance 653 610 1,401 1,310
Net gains and fees on sales of loans 1,159 2,457 1,882 4,835
Net realized gains on sales of available for sale securities 844 239 1,425 487
Other income 884 1,013 2,254 1,776
Total Other Income 15,933 14,059 31,119 27,936
OTHER EXPENSES        
Salaries and employee benefits 23,430 20,536 48,731 41,327
Net occupancy 3,204 2,267 7,142 4,869
Equipment 2,096 1,742 4,835 3,516
Marketing 789 535 1,558 1,002
Outside data processing fees 2,039 1,391 3,870 2,871
Printing and office supplies 393 311 851 642
Core deposit amortization 592 383 1,184 770
FDIC assessments 863 674 1,923 1,418
Other real estate owned and credit-related expenses 2,613 1,479 4,370 3,345
Professional and other outside services 1,531 1,833 2,910 3,492
Other expenses 3,700 2,591 6,965 5,190
Total Other Expenses 41,250 33,742 84,339 68,442
INCOME BEFORE INCOME TAX 20,802 14,970 38,791 31,503
Income tax expense 5,642 4,155 10,011 8,823
NET INCOME 15,160 10,815 28,780 22,680
Preferred stock dividends    (852)    (1,709)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 15,160 $ 9,963 $ 28,780 $ 20,971
Per Share Data:        
Basic Net Income Available to Common Stockholders (in dollars per share) $ 0.42 $ 0.35 $ 0.80 $ 0.73
Diluted Net Income Available to Common Stockholders (in dollars per share) $ 0.41 $ 0.34 $ 0.79 $ 0.72
Cash Dividends Paid (in dollars per share) $ 0.08 $ 0.05 $ 0.13 $ 0.08
Average Diluted Shares Outstanding (in thousands) 36,294,149 29,023,513 36,277,548 28,996,774