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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest income        
Loans $ 39,308 $ 34,411 $ 108,031 $ 102,708
Securities        
Taxable 3,282 2,677 9,504 10,567
Tax-exempt 2,001 2,033 5,844 6,190
Other 47 33 149 172
Total interest income 44,638 39,154 123,528 119,637
Interest expense        
Deposits 4,313 4,447 12,488 14,835
Borrowings 1,577 1,575 4,507 5,417
Total interest expense 5,890 6,022 16,995 20,252
Net interest income 38,748 33,132 106,533 99,385
Provision for loan losses 2,300 4,625 8,350 14,125
Net interest income after provision for loan losses 36,448 28,507 98,183 85,260
Noninterest income        
Service charges on deposit accounts 5,361 4,818 14,370 13,838
Fees and commissions 4,982 4,639 14,661 12,889
Insurance commissions 1,295 889 3,107 2,710
Wealth management revenue 2,091 1,707 5,530 5,200
Gains on sales of securities 0 0 54 1,773
BOLI income 1,904 689 3,268 2,453
Gains on sales of mortgage loans held for sale 2,788 4,397 10,223 8,068
Other 514 916 2,417 3,830
Total noninterest income 18,935 18,055 53,630 50,761
Noninterest expense        
Salaries and employee benefits 25,689 21,222 68,869 59,741
Data processing 2,236 2,192 6,324 6,443
Occupancy, Net 4,576 3,886 11,852 11,091
Other real estate owned 1,537 2,440 5,359 9,809
Professional fees 1,542 1,115 4,019 3,101
Advertising and public relations 1,514 1,216 4,250 3,715
Intangible amortization 724 341 1,361 1,048
Communications 1,310 1,115 3,572 3,144
Extinguishment of debt 0 0 0 898
Merger-related expenses 3,763 0 4,148 0
Other 3,722 5,145 12,193 13,094
Total noninterest expense 46,613 38,672 121,947 112,084
Income before income taxes 8,770 7,890 29,866 23,937
Income taxes 2,133 853 7,639 4,581
Net income $ 6,637 $ 7,037 $ 22,227 $ 19,356
Basic earnings per share (usd per share) $ 0.24 $ 0.28 $ 0.86 $ 0.77
Diluted earnings per share (usd per share) $ 0.24 $ 0.28 $ 0.85 $ 0.77
Cash dividends per common share (usd per share) $ 0.17 $ 0.17 $ 0.51 $ 0.51