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Condensed Consolidated Statements of Earnings and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest income:        
Loans and leases, including fees $ 45,551 $ 41,706 $ 130,591 $ 124,879
Accretion on acquired covered loans 1,372 2,947 4,546 10,796
Loans, including fees 46,923 44,653 135,137 135,675
Investment securities:        
Taxable 12,460 7,102 34,425 19,280
Tax-advantaged 5,227 5,517 15,691 16,569
Total investment income 17,687 12,619 50,116 35,849
Dividends from FHLB stock 518 622 1,648 1,432
Federal funds sold 112 58 363 158
Interest-earning deposits with other institutions 55 122 309 366
Total interest income 65,295 58,074 187,573 173,480
Interest expense:        
Deposits 1,228 1,228 3,636 3,627
Borrowings 2,724 2,768 8,283 8,184
Junior subordinated debentures 105 105 315 512
Total interest expense 4,057 4,101 12,234 12,323
Net interest income before provision for loan losses 61,238 53,973 175,339 161,157
Provision for loan losses (1,000) (3,750) (16,100) (9,950)
Net interest income after provision for loan losses 62,238 57,723 191,439 171,107
Noninterest income:        
Service charges on deposit accounts 4,065 4,011 11,798 11,982
Trust and investment services 2,045 2,021 6,103 6,098
Bankcard services 868 920 2,569 2,697
BOLI income 613 497 1,852 1,867
Gain on sale of loans held-for-sale     5,330  
Gain on sale of securities, net       2,094
Decrease in FDIC loss sharing asset, net (479) (3,248) (3,653) (10,715)
Gain (loss) on OREO, net 127 (3) 262 3,129
Other 770 759 2,296 2,245
Total noninterest income 8,009 4,957 26,557 19,397
Noninterest expense:        
Salaries and employee benefits 19,366 18,389 57,170 52,777
Occupancy and equipment 4,147 3,641 11,548 10,888
Professional services 2,080 1,316 5,090 4,299
Software licenses and maintenance 1,324 1,077 3,399 3,392
Promotion 1,349 1,105 3,956 3,503
Provision for unfunded loan commitments (1,250) 500 (1,250) 500
Amortization of intangible assets 466 127 781 1,002
OREO expense 102 21 240 384
Insurance reimbursements (24) (4,139) (42) (4,139)
Acquisition related expenses 640   1,932  
Other 4,281 3,677 12,138 12,154
Total noninterest expense 32,481 25,714 94,962 84,760
Earnings before income taxes 37,766 36,966 123,034 105,744
Income taxes 13,471 12,727 44,594 35,424
Net earnings 24,295 24,239 78,440 70,320
Other comprehensive (loss) income:        
Unrealized (loss) gain on securities arising during the period (10,291) 421 47,272 (65,129)
Less: Reclassification adjustment for net gain on securities included in net income       (2,094)
Other comprehensive (loss) income, before tax (10,291) 421 47,272 (67,223)
Less: Income tax benefit (expense) related to items of other comprehensive (loss) income 4,322 (176) (19,854) 28,234
Net change, After-Tax (5,969) 245 27,418 (38,989)
Comprehensive income $ 18,326 $ 24,484 $ 105,858 $ 31,331
Basic earnings per common share $ 0.23 $ 0.23 $ 0.74 $ 0.67
Diluted earnings per common share $ 0.23 $ 0.23 $ 0.74 $ 0.67
Cash dividends declared per common share $ 0.100 $ 0.100 $ 0.300 $ 0.285