XML 62 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
INTEREST INCOME        
Loans, including fees $ 37,233 $ 35,733 $ 109,496 $ 106,543
Investment securities:        
Taxable 2,313 1,889 6,480 5,631
Tax-exempt 964 865 2,872 2,513
Dividends 95 94 294 290
Total Interest Income 40,605 38,581 119,142 114,977
INTEREST EXPENSE        
Deposits 2,480 2,717 7,466 8,870
Borrowings and junior subordinated debt securities 596 590 1,701 2,568
Total Interest Expense 3,076 3,307 9,167 11,438
NET INTEREST INCOME 37,529 35,274 109,975 103,539
Provision for loan losses 1,454 3,419 608 6,749
Net Interest Income After Provision for Loan Losses 36,075 31,855 109,367 96,790
NONINTEREST INCOME        
Securities gains, net 0 3 41 5
Debit and credit card fees 2,909 2,764 8,135 8,365
Service charges on deposit accounts 2,799 2,801 7,882 7,744
Wealth management fees 2,756 2,747 8,548 8,143
Insurance fees 1,722 1,738 4,824 5,156
Mortgage banking 270 265 666 1,658
Gain on sale of merchant card servicing business 0 0 0 3,093
Other 1,475 2,224 5,022 6,051
Total Noninterest Income 11,931 12,542 35,118 40,215
NONINTEREST EXPENSE        
Salaries and employee benefits 14,823 14,910 45,971 45,701
Data processing 2,152 2,137 6,466 6,938
Net occupancy 2,004 1,910 6,218 6,037
Furniture and equipment 1,308 1,084 3,856 3,623
Professional services and legal 950 996 2,488 3,141
Other taxes 839 1,039 2,363 2,953
Marketing 757 607 2,335 2,088
FDIC insurance 607 629 1,817 2,112
Other 5,000 4,631 16,005 15,352
Total Noninterest Expense 28,440 27,943 87,519 87,945
Income Before Taxes 19,566 16,454 56,966 49,060
Provision for income taxes 4,906 4,207 13,552 10,380
Net Income 14,660 12,247 43,414 38,680
Earnings per share—basic (in dollars per share) $ 0.49 $ 0.41 $ 1.46 $ 1.30
Earnings per share—diluted (in dollars per share) $ 0.49 $ 0.41 $ 1.46 $ 1.30
Dividends declared per share (in dollars per share) $ 0.17 $ 0.15 $ 0.50 $ 0.45
Comprehensive Income $ 13,515 $ 12,874 $ 48,936 $ 31,094