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Consolidated Statement of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Interest revenue:    
Loans, including fees $ 50,934 $ 55,759
Investment securities, including tax exempt of $212 and $250 9,965 13,004
Deposits in banks and short-term investments 870 1,012
Total interest revenue 61,769 69,775
Deposits:    
NOW 454 637
Money market 562 641
Savings 36 37
Time 3,226 6,159
Total deposit interest expense 4,278 7,474
Short-term borrowings 516 1,045
Federal Home Loan Bank advances 19 466
Long-term debt 2,662 2,372
Total interest expense 7,475 11,357
Net interest revenue 54,294 58,418
Provision for loan losses 11,000 15,000
Net interest revenue after provision for loan losses 43,294 43,418
Fee revenue:    
Service charges and fees 7,403 7,783
Mortgage loan and other related fees 2,655 2,099
Brokerage fees 767 813
Securities gains, net 116 557
Loss from prepayment of debt    (482)
Other 1,885 4,609
Total fee revenue 12,826 15,379
Total revenue 56,120 58,797
Operating expenses:    
Salaries and employee benefits 23,592 25,225
Communications and equipment 3,046 3,155
Occupancy 3,367 3,771
Advertising and public relations 938 846
Postage, printing and supplies 863 979
Professional fees 2,366 1,975
Foreclosed property 2,333 3,825
FDIC assessments and other regulatory charges 2,505 2,510
Amortization of intangibles 705 732
Other 4,055 3,937
Total operating expenses 43,770 46,955
Net income before income taxes 12,350 11,842
Income tax expense 585 314
Net income 11,765 11,528
Preferred stock dividends and discount accretion 3,052 3,030
Net income available to common shareholders $ 8,713 $ 8,498
Earnings per common share - basic / diluted (in dollars per share) $ 0.15 $ 0.15
Weighted average common shares outstanding - basic / diluted (in shares) 58,081 57,764