PARENT COMPANY FINANCIALS ONLY (Tables)

12 Months Ended

Dec. 31, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule of Condensed Balance Sheets

BALANCE SHEETS

	December 31
	2013		2012
	(Dollars in thousands)
Assets
Cash (1)	$	16,855	$	18,535
Investments in subsidiaries(2)	661,257		600,808
Prepaid income taxes	—		161
Deferred tax asset	3,777		4,602
Deferred stock issuance costs	201		267
Total assets	$	682,090	$	624,373
Liabilities and stockholders’ equity
Dividends payable	$	5,243	$	—
Short-term borrowings	5,000		12,000
Junior subordinated debentures	73,906		74,127
Accrued income taxes	8		—
Derivative instruments(1)	6,303		8,834
Other liabilities	90		92
Total liabilities	90,550		95,053
Stockholders’ equity	591,540		529,320
Total liabilities and stockholders’ equity	$	682,090	$	624,373

(1) Entire balance eliminates in consolidation.

(2) $659.1 million and $598.6 million eliminate in consolidation at December 31, 2013 and 2012, respectively.

Schedule of Condensed Statements of Income

STATEMENTS OF INCOME

	Years Ended December 31
	2013			2012			2011
	(Dollars in thousands)
Income
Dividends received from subsidiaries(1)	$	30,694		$	28,709		$	20,962
Interest income(2)	50			83			74
Total income	30,744			28,792			21,036
Expenses
Interest expense	4,122			3,795			3,820
Other expenses	15			6			1
Total expenses	4,137			3,801			3,821
Income before income taxes and equity in undistributed income of subsidiaries	26,607			24,991			17,215
Income tax benefit	(1,342		)	(1,636		)	(1,409		)
Income of parent company	27,949			26,627			18,624
Equity in undistributed income of subsidiaries	22,305			16,000			26,812
Net income	$	50,254		$	42,627		$	45,436

(1) Income of $30.6 million, $28.7 million and $20.9 million eliminated in consolidation for the years ended December 31, 2013, 2012, and 2011, respectively.

(2) Entire balance eliminated in consolidation.

Schedule of Condensed Statements of Cash Flows

STATEMENTS OF CASH FLOWS

	Years Ended December 31
	2013			2012			2011
	(Dollars in thousands)
Cash flows from operating activities
Net income	$	50,254		$	42,627		$	45,436
Adjustments to reconcile net income to cash provided by operating activities
(Accretion) Amortization	(155		)	(13		)	8
Deferred income tax expense (benefit)	203			(398		)	(42		)
Change in other assets	(373		)	5,430			—
Change in other liabilities	206			(240		)	(3,106		)
Equity in undistributed income of subsidiaries	(22,305		)	(16,000		)	(26,812		)
Net cash provided by operating activities	27,830			31,406			15,484
Cash flows used in investing activities
Cash paid for acquisitions, net of cash acquired	(10,832		)	(21,648		)	—
Net cash used in investing activities	(10,832		)	(21,648		)	—
Cash flows used in financing activities
Proceeds from short-term borrowings	10,000			12,000			—
Repayment of short-term borrowings	(17,000		)	(10,053		)	—
Proceeds from stock issued and stock options exercised	2,475			1,242			4,127
Issuance of shares under direct stock purchase plan	969			1,691			824
Common dividend paid	(15,122		)	(22,494		)	(16,038		)
Net cash used in financing activities	(18,678		)	(17,614		)	(11,087		)
Net increase (decrease) in cash and cash equivalents	(1,680		)	(7,856		)	4,397
Cash and cash equivalents at the beginning of the year	18,535			26,391			21,994
Cash and cash equivalents at the end of the year	$	16,855		$	18,535		$	26,391