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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
INTEREST INCOME      
Interest and fees on loans $ 147,652 $ 151,292 $ 148,007
Interest on investment securities:      
Taxable interest income 5,680 5,750 6,580
Tax-exempt interest income 2,000 1,633 859
Other, principally overnight investments 436 586 545
Total interest income 155,768 159,261 155,991
INTEREST EXPENSE      
Savings, NOW and money market 4,212 6,363 8,744
Time deposits of $100,000 or more 10,103 12,374 18,908
Other time deposits 7,036 11,193 17,866
Securities sold under agreements to repurchase 184 298 736
Borrowings 2,030 1,679 2,641
Total interest expense 23,565 31,907 48,895
Net interest income 132,203 127,354 107,096
Provision for loan losses - non-covered 28,525 33,646 20,186
Provision for loan losses - covered 12,776 20,916   
Total provision for loan losses 41,301 54,562 20,186
Net interest income after provision for loan losses 90,902 72,792 86,910
NONINTEREST INCOME      
Service charges on deposit accounts 11,981 12,335 13,112
Other service charges, commissions and fees 8,067 6,507 5,729
Fees from presold mortgage loans 1,609 1,813 1,505
Commissions from sales of insurance and financial products 1,512 1,476 1,524
Gain from acquisition 10,196    67,894
Foreclosed property losses and write-downs - non-covered (24,492) (34,527)   
Foreclosed property losses and write-downs - covered (3,355) (984)   
FDIC indemnification asset income, net 20,481 41,808   
Securities gains (losses) 74 26 (104)
Other gains (losses) 143 652 (142)
Total noninterest income 26,216 29,106 89,518
NONINTEREST EXPENSES      
Salaries 39,822 35,076 30,745
Employee benefits 11,616 10,214 10,843
Total personnel expense 51,438 45,290 41,588
Occupancy expense 6,574 6,799 6,071
Equipment related expenses 4,326 4,327 4,334
Intangibles amortization 902 874 630
Acquisition expenses 636    1,343
Other operating expenses 32,230 29,666 24,585
Total noninterest expenses 96,106 86,956 78,551
Income before income taxes 21,012 14,942 97,877
Income taxes 7,370 4,960 37,618
Net income 13,642 9,982 60,259
Preferred stock dividends (3,234) (3,250) (3,169)
Accretion of preferred stock discount (2,932) (857) (803)
Net income (loss) available to common shareholders $ 7,476 $ 5,875 $ 56,287
Earnings (loss) per common share:      
Basic $ 0.44 $ 0.35 $ 3.38
Diluted $ 0.44 $ 0.35 $ 3.37
Dividends declared per common share $ 0.32 $ 0.32 $ 0.32
Weighted average common shares outstanding:      
Basic 16,856,072 16,764,879 16,648,822
Diluted 16,883,244 16,793,650 16,686,880