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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest income      
Loans, including fees $ 83,934 $ 92,941 $ 105,179
Securities      
Taxable 12,510 16,040 18,830
Tax exempt 12,160 12,415 10,360
Other interest income 164 215 202
Total interest income 108,768 121,611 134,571
Interest expense      
Deposits 7,637 14,111 23,162
Federal Home Loan Bank advances 5,120 5,754 8,144
Subordinated debentures 1,825 1,737 1,755
Other borrowings 104 161 258
Total interest expense 14,686 21,763 33,319
Net interest income 94,082 99,848 101,252
Provision for loan losses 9,850 17,800 35,250
Net interest income after provision for loan losses 84,232 82,048 66,002
Non-interest income      
Service charges on deposit accounts 19,815 18,147 17,462
Interchange income 6,540 6,225 5,487
Mortgage banking 9,927 5,551 7,642
Trust and investment product fees 3,650 3,250 2,363
Increase in cash surrender value of life insurance 1,206 1,200 1,246
Net realized gains on securities 1,867 11,357 2,979
Gain/(loss) on sale and write-down of OREO (1,359) (2,744) (1,097)
Other-than-temporary loss      
Total impairment loss (500)    
Loss recognized in other comprehensive income 0    
Net impairment loss recognized in earnings (500)    
Insurance commissions     1,711
Other income 2,745 2,322 3,498
Total non-interest income 43,891 45,308 41,291
Non-interest expense      
Salaries and employee benefits 48,990 49,950 50,138
Net occupancy 6,769 6,686 6,654
Equipment 8,564 7,822 7,855
Intangibles amortization 1,835 1,939 2,066
Telecommunications 1,729 1,991 1,882
Stationery printing and supplies 1,337 1,510 1,478
FDIC assessment 2,495 3,974 4,940
Marketing 4,397 4,057 3,412
Collection expense 3,768 4,334 3,579
Prepayment penalty on FHLB advance 1,313    
Consultant expense 1,150 6,547  
Interchange expense 1,591 1,465 1,515
Other expenses 10,900 9,530 8,733
Total non-interest expense 94,838 99,805 92,252
Income before income tax 33,285 27,551 15,041
Income tax expense 6,027 3,738 239
Net income 27,258 23,813 14,802
Preferred dividends and discount accretion (2,110) (3,054) (3,054)
Redemption of preferred stock 1,357    
Net income attributable to common shareholders $ 26,505 $ 20,759 $ 11,748
Cash dividends declared per common share (in dollars per share) $ 0.08 $ 0.04 $ 0.04
Net income per common share:      
Basic (in dollars per share) $ 1.31 $ 1.03 $ 0.58
Diluted (in dollars per share) $ 1.30 $ 1.03 $ 0.58