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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Interest income        
Loans $ 50,454 $ 51,279 $ 97,891 $ 100,825
Securities        
Taxable 4,026 6,665 8,441 8,854
Tax-exempt 2,246 270 4,500 4,513
Other 43 63 103 262
Total interest income 56,769 58,277 110,935 114,454
Interest expense        
Deposits 3,170 4,136 6,608 8,509
Borrowings 1,929 1,972 3,815 3,805
Total interest expense 5,099 6,108 10,423 12,314
Net interest income 51,670 52,169 100,512 102,140
Provision for loan losses 1,175 1,450 2,250 2,900
Net interest income after provision for loan losses 50,495 50,719 98,262 99,240
Noninterest income        
Service charges on deposit accounts 6,092 6,193 12,025 12,109
Fees and commissions 5,384 5,515 10,278 10,487
Insurance commissions 2,119 2,088 4,086 3,951
Wealth management revenue 2,248 2,170 4,438 4,314
Gains on sales of securities 96 0 96 0
BOLI income 710 746 1,558 1,477
Gains on sales of mortgage loans held for sale 5,407 2,006 10,040 3,591
Other 861 753 2,300 2,158
Total noninterest income 22,917 19,471 44,821 38,087
Noninterest expense        
Salaries and employee benefits 30,394 29,810 58,654 58,238
Data processing 3,152 2,850 6,333 5,545
Net occupancy and equipment 5,524 4,906 11,083 9,753
Other real estate owned 954 1,068 1,486 2,769
Professional fees 1,172 1,389 1,996 2,589
Advertising and public relations 1,481 1,888 2,784 3,416
Intangible amortization 1,239 1,427 2,514 2,898
Communications 1,491 1,701 2,924 3,383
Merger-related expenses 1,467 0 1,945 195
Other 4,302 4,357 8,871 8,255
Total noninterest expense 51,176 49,396 98,590 97,041
Income before income taxes 22,236 20,794 44,493 40,286
Income taxes 6,842 5,941 13,859 11,836
Net income $ 15,394 $ 14,853 $ 30,634 $ 28,450
Basic earnings per share (usd per share) $ 0.49 $ 0.47 $ 0.97 $ 0.90
Diluted earnings per share (usd per share) 0.48 0.47 0.96 0.90
Cash dividends per common share (usd per share) $ 0.17 $ 0.17 $ 0.34 $ 0.34