SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

 SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

	First Quarter				Second Quarter				Third Quarter				Fourth Quarter
	2014		2013		2014		2013		2014		2013		2014		2013
					(Dollars in thousands, except per share data)
Interest income	$	52,980	$	50,820	$	54,285	$	51,495	$	54,368	$	51,027	$	54,827	$	52,571
Interest expense	5,374		5,958		5,232		5,880		4,805		5,831		5,007		5,666
Net interest income	$	47,606	$	44,862	$	49,053	$	45,615	$	49,563	$	45,196	$	49,820	$	46,905
Provision for loan losses	4,502		1,300		2,250		3,100		1,901		2,650		1,750		3,150
Total noninterest income	17,516		15,724		16,857		16,692		17,098		18,130		18,473		17,464
Total noninterest expenses	41,887		42,920		42,980		42,164		42,607		40,722		44,364		47,845
Provision for income taxes	5,350		4,114		5,934		4,285		6,415		5,299		6,201		2,786
Net income	$	13,383	$	12,252	$	14,746	$	12,758	$	15,738	$	14,655	$	15,978	$	10,588
Basic earnings per share	0.56		0.54		0.62		0.56		0.66		0.64		0.67		0.45
Diluted earnings per share	0.56		0.54		0.61		0.56		0.66		0.64		0.66		0.45
Weighted average common shares (basic)	23,819,065		22,823,753		23,897,413		22,888,155		23,911,678		22,946,308		23,968,320		23,383,608
Common stock equivalents	100,173		46,040		94,560		52,144		90,685		100,806		86,812		97,445
Weighted average common shares (diluted)	23,919,238		22,869,793		23,991,973		22,940,299		24,002,363		23,047,114		24,055,132		23,481,053
Unusual or infrequently occurring items
Items within noninterest income
Gain on extinguishment of debt	$	—	$	—	$	—	$	—	$	—	$	763	$	—	$	—
Gain on life insurance benefits	1,627		—		337		—		—		—		—		227
Gain on sale of fixed income securities	—		—		—		—		—		—		121		258
Total	$	1,627	$	—	$	337	$	—	$	—	$	763	$	121	$	485
Items within noninterest expense
Impairment on acquired facilities	$	503	$	—	$	—	$	—	$	21	$	—	$	—	$	—
Loss on sale of fixed income securities	—		—		—		—		—		—		21		—
Loss on termination of derivatives	—		—		1,122		—		—		—		—		—
Merger and acquisition expense	77		1,345		—		754		677		366		586		6,219
Severance	—		325		—		—		—		—		—		—
Total	$	580	$	1,670	$	1,122	$	754	$	698	$	366	$	607	$	6,219