v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest income:        
Interest and fees on loans $ 29,743 $ 35,585 $ 61,187 $ 74,934
Interest on debt securities:        
Taxable 2,189 2,054 4,355 4,167
Nontaxable 299 305 598 606
Interest on interest-bearing deposits 36 46 102 93
Dividends on equity securities 42 71 91 171
Total interest income 32,309 38,061 66,333 79,971
Interest expense:        
Interest-bearing transaction accounts 110 123 222 261
Money market accounts 700 752 1,442 1,634
Savings 50 56 99 115
Certificates of deposit:        
$100 and over 1,336 1,429 2,662 2,881
Other 419 460 843 946
Subordinated debentures 303 949 710 1,901
Federal Home Loan Bank advances 456 730 855 1,464
Notes payable and other borrowings 193 254 392 562
Total interest expense 3,567 4,753 7,225 9,764
Net interest income 28,742 33,308 59,108 70,207
Provision for loan losses not covered under FDIC loss share 1,348 (4,295) 2,375 (2,442)
Provision for loan losses covered under FDIC loss share (470) (2,278) 2,834 (22)
Net interest income after provision for loan losses 27,864 39,881 53,899 72,671
Noninterest income:        
Wealth Management revenue 1,715 1,778 3,437 3,721
Service charges on deposit accounts 1,767 1,724 3,505 3,257
Other service charges and fee income 702 661 1,339 1,308
Gain on sale of other real estate 717 362 1,400 1,090
Gain on state tax credits, net 207 39 704 906
Gain on sale of investment securities 0 0 0 684
Change in FDIC loss share receivable (2,742) (6,713) (5,152) (10,798)
Miscellaneous income 1,039 472 2,094 1,069
Total noninterest income 3,405 (1,677) 7,327 1,237
Noninterest expense:        
Employee compensation and benefits 11,853 10,766 23,969 22,229
Occupancy 1,675 1,693 3,315 3,609
Data processing 1,125 936 2,251 1,857
FDIC and other insurance 761 833 1,460 1,692
Loan legal and other real estate expense 1,040 2,075 2,174 2,108
Professional Fees 592 928 1,859 2,353
Other 3,399 3,916 6,519 7,584
Total noninterest expense 20,445 21,147 41,547 41,432
Income before income tax expense 10,824 17,057 19,679 32,476
Income tax expense 3,664 6,024 6,671 11,403
Net income $ 7,160 $ 11,033 $ 13,008 $ 21,073
Earnings per common share        
Basic $ 0.36 $ 0.61 $ 0.66 $ 1.17
Diluted $ 0.36 $ 0.58 $ 0.66 $ 1.11