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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest Income      
Interest and fees on loans $ 55,942 $ 61,783 $ 70,071
Interest on investment securities:      
Taxable 12,872 14,387 16,565
Nontaxable 2,248 1,938 2,835
Interest on deposits in other banks 156 237 272
Interest on federal funds sold and securities purchased under agreements to resell 4 4 8
Total interest income 71,222 78,349 89,751
Interest Expense      
Interest on deposits 9,239 14,488 22,373
Interest on federal funds purchased and other short-term borrowings 96 191 324
Interest on securities sold under agreements to repurchase and other long-term borrowings 7,044 7,965 10,216
Interest on subordinated notes payable to unconsolidated trusts 1,879 2,026 2,035
Total interest expense 18,258 24,670 34,948
Net interest income 52,964 53,679 54,803
Provision for loan losses 2,772 13,487 17,233
Net interest income after provision for loan losses 50,192 40,192 37,570
Noninterest Income      
Service charges and fees on deposits 8,124 8,617 9,171
Allotment processing fees 5,215 5,346 5,573
Other service charges, commissions, and fees 4,478 4,248 4,566
Data processing income 242 792 1,328
Trust income 1,909 2,085 1,688
Investment securities gains, net 1,209 1,355 8,889
Gains on sale of mortgage loans, net 1,918 982 1,244
Income from company-owned life insurance 1,524 939 1,300
Other 35 27 351
Total noninterest income 24,654 24,391 34,110
Noninterest Expense      
Salaries and employee benefits 28,190 26,986 27,026
Occupancy expenses, net 4,757 4,846 4,849
Equipment expenses 2,364 2,503 2,647
Data processing and communications expenses 4,271 4,636 5,448
Bank franchise tax 2,381 2,572 2,482
Amortization of intangibles 1,014 1,143 1,437
Deposit insurance expense 2,690 2,948 4,279
Other real estate expenses, net 5,232 7,355 6,054
Legal expenses 1,220 821 980
Other 7,668 8,682 7,509
Total noninterest expense 59,787 62,492 62,711
Income before income taxes 15,059 2,091 8,969
Income tax expense (benefit) 2,910 (647) 2,037
Net income 12,149 2,738 6,932
Less preferred stock dividends and discount accretion 1,922 1,896 1,871
Net income available to common shareholders $ 10,227 $ 842 $ 5,061
Per Common Share      
Net income – basic and diluted (in Dollars per share) $ 1.37 $ 0.11 $ 0.68
Weighted Average Common Shares Outstanding      
Basic and diluted (in Shares) 7,457 7,424 7,390