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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, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Interest income        
Loans $ 34,410 $ 35,143 $ 102,708 $ 107,332
Securities        
Taxable 2,599 4,718 10,344 15,623
Tax-exempt 2,112 2,053 6,413 6,252
Other 33 67 172 436
Total interest income 39,154 41,981 119,637 129,643
Interest expense        
Deposits 4,447 6,751 14,835 25,609
Borrowings 1,575 2,319 5,417 7,321
Total interest expense 6,022 9,070 20,252 32,930
Net interest income 33,132 32,911 99,385 96,713
Provision for loan losses 4,625 5,500 14,125 16,350
Net interest income after provision for loan losses 28,507 27,411 85,260 80,363
Noninterest income        
Service charges on deposit accounts 4,818 4,751 13,838 14,628
Fees and commissions 4,639 3,320 12,889 9,369
Insurance commissions 848 849 2,588 2,478
Wealth management revenue 1,707 1,144 5,200 3,339
Gains on sales of securities    5,041 1,773 5,057
Other-than-temporary-impairment losses on securities available for sale       (15,445)
Non-credit related portion of other-than-temporary impairment on securities, recognized in other comprehensive income       15,183
Net impairment losses on securities       (262)
BOLI income 688 617 2,453 2,095
Gains on sales of mortgage loans held for sale 4,397 1,371 8,068 3,471
Gain on acquisition   570   9,344
Other 917 732 3,830 2,251
Total noninterest income 18,014 18,395 50,639 51,770
Noninterest expense        
Salaries and employee benefits 21,221 17,493 59,741 49,903
Data processing 2,192 1,927 6,443 5,372
Net occupancy and equipment 3,882 3,434 11,079 10,019
Other real estate owned 2,440 6,336 9,809 11,969
Professional fees 1,115 982 3,101 3,004
Advertising and public relations 1,216 1,134 3,715 3,254
Intangible amortization 341 351 1,048 1,376
Communications 1,115 1,059 3,144 3,433
Merger-related expenses   326   1,651
Extinguishment of debt     898 1,903
Other 5,109 3,916 12,984 12,712
Total noninterest expense 38,631 36,958 111,962 104,596
Income before income taxes 7,890 8,848 23,937 27,537
Income taxes 853 2,316 4,581 7,695
Net income $ 7,037 $ 6,532 $ 19,356 $ 19,842
Basic earnings per share $ 0.28 $ 0.26 $ 0.77 $ 0.79
Diluted earnings per share $ 0.28 $ 0.26 $ 0.77 $ 0.79
Cash dividends per common share $ 0.17 $ 0.17 $ 0.51 $ 0.51