XML 75 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest income    
Loans $ 49,546 $ 34,158
Securities    
Taxable 4,243 2,791
Tax-exempt 2,189 1,947
Other 199 49
Total interest income 56,177 38,945
Interest expense    
Deposits 4,373 4,080
Borrowings 1,833 1,484
Total interest expense 6,206 5,564
Net interest income 49,971 33,381
Provision for loan losses 1,450 3,050
Net interest income after provision for loan losses 48,521 30,331
Noninterest income    
Service charges on deposit accounts 5,916 4,500
Fees and commissions 4,972 4,831
Insurance commissions 1,863 818
Wealth management revenue 2,144 1,724
Gains on sales of securities 0 54
BOLI income 731 730
Gains on sales of mortgage loans held for sale 1,585 3,565
Other 1,405 1,113
Total noninterest income 18,616 17,335
Noninterest expense    
Salaries and employee benefits 28,428 21,274
Data processing 2,695 2,043
Net occupancy and equipment 4,847 3,604
Other real estate owned 1,701 2,049
Professional fees 1,200 1,173
Advertising and public relations 1,528 1,490
Intangible amortization 1,471 323
Communications 1,682 1,127
Merger-related expenses 195 0
Other 3,898 4,474
Total noninterest expense 47,645 37,557
Income before income taxes 19,492 10,109
Income taxes 5,895 2,538
Net income $ 13,597 $ 7,571
Basic earnings per share (usd per share) $ 0.43 $ 0.30
Diluted earnings per share (usd per share) $ 0.43 $ 0.30
Cash dividends declared per common share (usd per share) $ 0.17 $ 0.17