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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Interest and dividend income:    
Loans $ 48,000us-gaap_InterestAndFeeIncomeLoansAndLeases $ 47,214us-gaap_InterestAndFeeIncomeLoansAndLeases
Taxable investment securities 995us-gaap_InterestIncomeSecuritiesTaxable 636us-gaap_InterestIncomeSecuritiesTaxable
Non-taxable investment securities 1,021us-gaap_InterestIncomeSecuritiesTaxExempt 904us-gaap_InterestIncomeSecuritiesTaxExempt
Mortgage-backed securities 2,614us-gaap_InterestIncomeSecuritiesMortgageBacked 1,936us-gaap_InterestIncomeSecuritiesMortgageBacked
Federal funds sold and other 234us-gaap_OtherInterestAndDividendIncome 346us-gaap_OtherInterestAndDividendIncome
Total interest and dividend income 52,864us-gaap_InterestAndDividendIncomeOperating 51,036us-gaap_InterestAndDividendIncomeOperating
Interest expense:    
Deposits 3,892us-gaap_InterestExpenseDeposits 3,216us-gaap_InterestExpenseDeposits
Federal Home Loan Bank borrowings 1,931us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm 2,326us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
Junior subordinated debentures 956us-gaap_InterestExpenseJuniorSubordinatedDebentures 955us-gaap_InterestExpenseJuniorSubordinatedDebentures
Repurchase agreements and other short-term borrowings 13us-gaap_InterestExpenseShortTermBorrowings 17us-gaap_InterestExpenseShortTermBorrowings
Total interest expense 6,792us-gaap_InterestExpense 6,514us-gaap_InterestExpense
Net interest income 46,072us-gaap_InterestIncomeExpenseNet 44,522us-gaap_InterestIncomeExpenseNet
Provision/ (credit) for loan losses (2,500)us-gaap_ProvisionForLoanAndLeaseLosses (1,200)us-gaap_ProvisionForLoanAndLeaseLosses
Net interest income after provision for loan losses 48,572us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 45,722us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
Fees and other income:    
Investment management fees 11,714us-gaap_AssetManagementFees1 11,461us-gaap_AssetManagementFees1
Wealth advisory fees 12,675us-gaap_InvestmentAdvisoryFees 11,473us-gaap_InvestmentAdvisoryFees
Wealth management and trust fees 13,558us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees 6,961us-gaap_InvestmentAdvisoryManagementAndAdministrativeFees
Other banking fee income 1,910us-gaap_FeesAndCommissions 1,680us-gaap_FeesAndCommissions
Gain on sale of loans, net 303us-gaap_GainLossOnSalesOfLoansNet 89us-gaap_GainLossOnSalesOfLoansNet
Gain on sale of investments, net 8us-gaap_GainLossOnSaleOfSecuritiesNet 1us-gaap_GainLossOnSaleOfSecuritiesNet
Gain/ (loss) on OREO, net 89us-gaap_GainsLossesOnSalesOfOtherRealEstate 819us-gaap_GainsLossesOnSalesOfOtherRealEstate
Other 1,088us-gaap_NoninterestIncomeOtherOperatingIncome 249us-gaap_NoninterestIncomeOtherOperatingIncome
Total fees and other income 41,345us-gaap_NoninterestIncome 32,733us-gaap_NoninterestIncome
Operating expense:    
Salaries and employee benefits 42,127us-gaap_LaborAndRelatedExpense 36,574us-gaap_LaborAndRelatedExpense
Occupancy and equipment 9,035us-gaap_OccupancyNet 7,797us-gaap_OccupancyNet
Professional services 3,021us-gaap_ProfessionalFees 2,843us-gaap_ProfessionalFees
Marketing and business development 1,348us-gaap_MarketingAndAdvertisingExpense 1,426us-gaap_MarketingAndAdvertisingExpense
Contract services and data processing 1,437us-gaap_InformationTechnologyAndDataProcessing 1,438us-gaap_InformationTechnologyAndDataProcessing
Amortization of intangibles 1,602us-gaap_AmortizationOfIntangibleAssets 1,053us-gaap_AmortizationOfIntangibleAssets
FDIC insurance 1,011us-gaap_FederalDepositInsuranceCorporationPremiumExpense 896us-gaap_FederalDepositInsuranceCorporationPremiumExpense
Other 3,846us-gaap_OtherNoninterestExpense 2,941us-gaap_OtherNoninterestExpense
Total operating expense 63,427us-gaap_NoninterestExpense 54,968us-gaap_NoninterestExpense
Income before income taxes 26,490us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 23,487us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 8,572us-gaap_IncomeTaxExpenseBenefit 7,138us-gaap_IncomeTaxExpenseBenefit
Net income from continuing operations 17,918us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 16,349us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Net income from discontinued operations 2,094us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 1,928us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net income before attrubution to noncontrolling interests 20,012us-gaap_ProfitLoss 18,277us-gaap_ProfitLoss
Less: Net income attributable to noncontrolling interests 1,229us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 1,236us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to the Company 18,783us-gaap_NetIncomeLoss 17,041us-gaap_NetIncomeLoss
Adjustments to net income attributable to the Company to arrive at net income attributable to common shareholders (1,065)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarnings (1,178)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarnings
Net income attributable to common shareholders for earnings per share calculation $ 17,718us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 15,863us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Basic earnings per share attributable to common shareholders:    
From continuing operations: $ 0.19us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.18us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
From discontinued operations: $ 0.03us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.02us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Total attributable to common shareholders: $ 0.22us-gaap_EarningsPerShareBasic $ 0.20us-gaap_EarningsPerShareBasic
Diluted earnings per share attributable to common shareholders:    
From continuing operations: $ 0.19us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.18us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
From discontinued operations: $ 0.02us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.02us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Total attributable to common shareholders: $ 0.21us-gaap_EarningsPerShareDiluted $ 0.20us-gaap_EarningsPerShareDiluted
Common Stock [Member]    
Basic earnings per share attributable to common shareholders:    
Weighted average basic common shares outstanding 80,514,359us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
78,145,185us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
Diluted earnings per share attributable to common shareholders:    
Weighted average diluted common shares outstanding 82,594,325us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
[1] 80,010,890us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
[1]
[1] The diluted EPS computations for the three months ended March 31, 2015 and 2014 do not assume the conversion, exercise, or contingent issuance of the following shares for the following periods because the result would have been anti-dilutive for the periods indicated. As a result of the anti-dilution, the potential common shares excluded from the diluted EPS computation are as follows: Three months ended March 31,(In thousands)2015 2014Shares excluded due to exercise price exceeding the average market price of common shares during the period (total outstanding): Potential common shares from: Stock options, restricted stock, or other dilutive securities660 951Total shares excluded due to exercise price exceeding the average market price of common shares during the period660 951