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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Interest, fee, and dividend income        
Interest and fees on loans $ 61,656 $ 61,173 $ 181,047 $ 181,747
Securities available for sale 5,125 6,095 15,214 19,464
Securities held to maturity 2,318 1,353 6,916 2,904
Other 401 513 1,276 1,552
Total interest, fee, and dividend income 69,500 69,134 204,453 205,667
Interest expense        
Deposits 3,554 3,498 10,644 9,782
Short-term borrowings 296 262 561 702
Long-term debt 845 1,067 2,507 5,709
Junior subordinated debt 560 544 1,645 1,620
Total interest expense 5,255 5,371 15,357 17,813
Net interest income 64,245 63,763 189,096 187,854
Provision for loan losses 4,966 4,885 12,506 12,647
Net interest income after provision for loan losses 59,279 58,878 176,590 175,207
Noninterest income        
Insurance and other financial services revenue 5,862 6,179 18,072 18,510
Service charges on deposit accounts 4,349 4,519 12,706 13,285
ATM and debit card fees 4,780 4,440 13,707 12,869
Retirement plan administration fees 3,249 3,272 10,011 9,167
Trust 4,611 4,758 14,257 14,157
Bank owned life insurance 931 1,095 3,418 3,455
Net securities gains 3 38 43 59
Gain on the sale of equity investment 4,179 0 4,179 19,401
Other 3,297 2,376 9,617 8,078
Total noninterest income 31,261 26,677 86,010 98,981
Noninterest expense        
Salaries and employee benefits 30,227 28,933 91,240 89,609
Occupancy 5,326 5,211 16,804 16,872
Data processing and communications 4,207 4,029 12,598 12,045
Professional fees and outside services 3,137 3,695 10,029 10,862
Equipment 3,352 3,199 9,917 9,447
Office supplies and postage 1,576 1,733 4,822 5,221
FDIC expenses 1,355 1,134 3,833 3,641
Advertising 421 403 1,874 1,868
Amortization of intangible assets 1,165 1,275 3,636 3,821
Loan collection and other real estate owned, net 699 705 1,593 2,546
Prepayment penalties on long-term debt 0 13,349 0 17,903
Other 8,426 5,401 19,211 15,485
Total noninterest expense 59,891 69,067 175,557 189,320
Income before income tax expense 30,649 16,488 87,043 84,868
Income tax expense 10,798 5,576 29,745 28,307
Net income $ 19,851 $ 10,912 $ 57,298 $ 56,561
Earnings per share        
Basic (in dollars per share) $ 0.45 $ 0.25 $ 1.30 $ 1.29
Diluted (in dollars per share) $ 0.45 $ 0.25 $ 1.29 $ 1.28