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Consolidated Income Statement (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
INTEREST AND DIVIDEND INCOME    
Interest and Fees on Loans$ 14,548$ 16,090$ 44,277$ 48,546
Interest on Deposits at Banks223366107
Interest and Dividends on Investment Securities - Fully Taxable3,0343,4829,70711,343
Interest and Dividends on Investment Securities - Exempt from Federal Taxes1,3931,3924,3944,330
Total Interest and Dividend Income18,99720,99758,44464,326
INTEREST EXPENSE    
Interest Expense - NOW Accounts1,0711,2163,7634,093
Interest Expense - Savings Deposits4835231,4891,633
Interest Expense -Time Deposits of $100,000 or More6597371,9902,180
Interest Expense - Other Time Deposits1,2741,4823,9184,448
Interest Expense - Federal Funds Purchased and Securities Sold Under Agreements to Repurchase18336595
Interest Expense - Federal Home Loan Bank Advances6961,6792,9984,898
Interest Expense - Junior Subordinated Obligations Issued to Unconsolidated Subsidary Trusts144159434445
Total Interest Expense4,3455,82914,65717,792
NET INTEREST INCOME14,65215,16843,78746,534
Provision for Loan Losses1753755651,125
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES14,47714,79343,22245,409
NONINTEREST INCOME    
Income from Fiduciary Activities1,5501,3154,6224,043
Fees for Other Services to Customers2,0922,0216,0655,874
Insurance Commissions1,9948085,2752,157
Net Gains (Losses) on Securities Transactions1,7716182,7951,496
Net Gains on Sale of Loans219472437527
Other Operating Income25571535254
Total Noninterest Income7,8815,30519,72914,351
NONINTEREST EXPENSE    
Salaries and Employee Benefits7,9277,12022,36220,775
Occupancy Expense, Net1,8591,7875,6715,336
FDIC Assessments2604861,0401,472
Prepayment Penalty on FHLB Advances1,63801,6380
Other Operating Expense2,9192,7138,3828,065
Total Noninterest Expense14,60312,10639,09335,648
INCOME BEFORE PROVISION FOR INCOME TAXES7,7557,99223,85824,112
Provision for Income Taxes2,3832,4177,3567,408
Net Income$ 5,372$ 5,575$ 16,502$ 16,704
Average Shares Outstanding:    
Basic11,75411,59511,71911,613
Diluted11,77611,59811,74711,641
Earnings Per Share    
Basic Earnings$ 0.46$ 0.48$ 1.41$ 1.44
Diluted Earnings$ 0.46$ 0.48$ 1.40$ 1.43