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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest Income    
Interest and fees on loans $ 43,098 $ 44,614
Interest and dividends on investments:    
Taxable interest 7,180 7,109
Interest exempt from federal income taxes 4 1
Dividends 222 36
Interest on bank deposits 2 1
Total interest income 50,506 51,761
Interest Expense    
Interest on deposits 3,507 4,191
Interest on short-term borrowings 469 220
Interest on subordinated debentures 566 1,384
Interest on other long-term debt 373 548
Total interest expense 4,915 6,343
Net Interest Income 45,591 45,418
Provision for credit losses 3,231 4,497
Net Interest Income after Provision for Credit Losses 42,360 40,921
Noninterest Income    
Net securities gains 0 4
Trust income 1,435 1,663
Service charges on deposit accounts 3,792 3,401
Insurance and retail brokerage commissions 1,395 1,417
Income from bank owned life insurance 1,369 1,428
Gain on sale of assets 1,581 275
Card related interchange income 3,366 3,188
Derivatives mark to market (58) 989
Other income 2,040 2,520
Total noninterest income 14,920 14,885
Noninterest Expense    
Salaries and employee benefits 21,044 21,793
Net occupancy expense 3,506 3,635
Furniture and equipment expense 5,330 3,272
Data processing expense 1,468 1,516
Advertising and promotion expense 700 779
Pennsylvania shares tax expense 711 1,190
Intangible amortization 178 358
Collection and repossession expense 709 1,151
Other professional fees and services 1,024 969
FDIC insurance 1,049 1,050
Operational (recoveries) losses (689) 338
Conversion related expenses 354 0
Other operating expenses 4,503 5,403
Total noninterest expense 39,887 41,454
Income Before Income Taxes 17,393 14,352
Income tax provision 5,093 3,799
Net Income $ 12,300 $ 10,553
Average Shares Outstanding (in shares) 94,543,420 99,288,738
Average Shares Outstanding Assuming Dilution (in shares) 94,568,059 99,305,414
Per Share Data:    
Basic Earnings per Share (in dollars per share) $ 0.13 $ 0.11
Diluted Earnings per Share (in dollars per share) $ 0.13 $ 0.11
Cash Dividends Declared per Common Share (in dollars per share) $ 0.07 $ 0.05