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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Interest income      
Interest and fees on loans $ 68,571 $ 64,941 $ 60,116
Interest on money market investments 46 43 6
Interest and dividends on securities      
U.S. government agencies and corporations 206 281 418
Tax-exempt obligations of states and political subdivisions 4,859 4,459 4,208
Corporate bonds and other 108 124 223
Total interest income 73,790 69,848 64,971
Interest expense      
Savings and interest-bearing deposits 1,102 1,142 1,711
Certificates of deposit, $100 thousand or more 2,684 3,161 3,433
Other time deposits 3,217 3,935 5,174
Borrowings 3,892 3,998 4,071
Trust preferred capital notes 986 999 1,070
Total interest expense 11,881 13,235 15,459
Net interest income 61,909 56,613 49,512
Provision for loan losses 14,160 14,959 18,563
Net interest income after provision for loan losses 47,749 41,654 30,949
Noninterest income      
Gains on sales of loans 16,094 18,564 24,976
Service charges on deposit accounts 3,509 3,511 3,303
Other service charges and fees 5,290 4,913 5,018
Investment services income 1,008 834 648
Net gains on calls and sales of available for sale securities 13 70 22
Other income 1,132 1,808 2,722
Total noninterest income 27,046 29,700 36,689
Noninterest expenses      
Salaries and employee benefits 34,317 34,889 35,118
Occupancy expenses 6,491 5,768 5,714
Other expenses 15,276 19,638 19,335
Total noninterest expenses 56,084 60,295 60,167
Income before income taxes 18,711 11,059 7,471
Income tax expense 5,735 2,949 1,945
Net income 12,976 8,110 5,526
Effective dividends on preferred stock 1,183 1,149 1,130
Net income available to common shareholders $ 11,793 $ 6,961 $ 4,396
Earnings per common share-basic (in dollars per share) $ 3.76 $ 2.26 $ 1.44
Earnings per common share-assuming dilution (in dollars per share) $ 3.72 $ 2.24 $ 1.44