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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
INTEREST INCOME:    
Interest and fees on loans $ 19,209 $ 20,299
Interest on taxable investment securities 3,607 4,069
Interest on nontaxable investment securities 492 479
Interest on deposits in other banks 24 70
Interest on federal funds sold 1 1
Total interest income 23,333 24,918
INTEREST EXPENSE:    
Savings, interest bearing demand deposits and money market 193 752
Time deposits 384 1,057
Short-term borrowings 1 0
Long-term borrowings 313 1,321
Junior subordinated debentures 309 276
Total interest expense 1,200 3,406
Net interest income 22,133 21,512
Provision for credit losses 89 2,076
Net interest income after provision for credit losses 22,044 19,436
NONINTEREST INCOME:    
Service charges on deposit accounts 2,818 3,644
Payment systems related revenue 3,073 2,930
Trust and investment services revenue 935 1,148
Gains on sales of loans 735 513
Other real estate owned valuation adjustments and (loss) gain on sales (574) (334)
Gain (loss) on securities, net:    
Gains on sales of securities, net 147 267
Other-than-temporary impairment losses on securities (1,726) 0
Portion of other-than-temporary, non-credit related losses recognized in other comprehensive income 1,677 0
Total net gains on securities 98 267
Other noninterest income 802 748
Total noninterest income 7,887 8,916
NONINTEREST EXPENSE:    
Salaries and employee benefits 11,478 11,877
Equipment 1,662 1,528
Occupancy 2,075 2,165
Payment systems related expense 1,119 1,247
Professional fees 1,111 982
Postage, printing and office supplies 819 810
Marketing 312 651
Communications 380 378
Other noninterest expense 2,069 2,915
Total noninterest expense 21,025 22,553
INCOME BEFORE INCOME TAXES 8,906 5,799
PROVISION FOR INCOME TAXES 3,117 694
NET INCOME $ 5,789 $ 5,105
Basic earnings per share (in dollars per share) $ 0.28 $ 0.25
Diluted earnings per share (in dollars per share) $ 0.27 $ 0.24
Weighted average common shares (in shares) 19,038 18,960
Weighted average diluted shares (in shares) 20,054 19,939