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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest income        
Interest and fees on loans $ 28,098 $ 10,148 $ 48,670 $ 29,963
Interest and dividends on investment securities:        
Taxable 2,916 3,116 8,840 8,973
Tax-exempt 892 1,151 2,840 3,308
Dividends 349 126 639 378
Interest on federal funds sold and other short-term investments 88   88 2
Total interest income 32,343 14,541 61,077 42,624
Interest expense        
Deposits 2,725 1,330 5,343 3,897
Borrowings 2,072 1,489 4,914 4,407
Total interest expense 4,797 2,819 10,257 8,304
Net interest income 27,546 11,722 50,820 34,320
Provision for loan losses 1,300   2,209  
Net interest income after provision for loan losses 26,246 11,722 48,611 34,320
Noninterest income        
Service charges, commissions and fees 315 780 1,645 1,890
Annuities and insurance commissions 94 92 299 338
Bank-owned life insurance 401 265 912 1,104
Net gains on sale of loans held for sale 65 26 144 255
Net gains on sales of investment securities 111 343 2,100 1,286
Other income 187 37 322 222
Total other income 1,173 1,543 5,422 5,095
Noninterest expense        
Salaries and employee benefits 6,243 3,247 13,153 10,072
Occupancy and equipment 1,781 839 3,658 2,556
FDIC insurance 504 283 1,092 804
Professional and consulting 530 352 1,289 801
Marketing and advertising 209 94 276 257
Data processing 902 362 1,761 1,058
Merger expenses 8,784   10,573  
Loss on extinguishment of debt 4,550   4,550  
Amortization of core deposit intangible 248 6 260 19
Other expenses 1,649 1,022 3,028 3,252
Total other expense 25,400 6,205 39,640 18,819
Income before income tax expense 2,019 7,060 14,393 20,596
Income tax expense 253 1,966 3,851 5,655
Net Income 1,766 5,094 10,542 14,941
Less: Preferred stock dividends 28 28 84 112
Net income available to common stockholders $ 1,738 $ 5,066 $ 10,458 $ 14,829
Earnings per common share        
Basic (in Dollars per share) $ 0.06 $ 0.31 $ 0.50 $ 0.91
Diluted (in Dollars per share) $ 0.06 $ 0.31 $ 0.49 $ 0.91
Weighted average common shares outstanding        
Basic (in Shares) 29,636,001 16,349,480 20,819,241 16,348,875
Diluted (in Shares) 30,108,103 16,385,155 21,285,452 16,380,970
Dividends per common share (in Dollars per share) $ 0.075 $ 0.075 $ 0.225 $ 0.185