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Condensed Consolidated Statements of Income and Comprehensive Income (unaudited) (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, including loans held for sale $ 31,937 $ 32,672 $ 63,550 $ 65,520
Interest and dividends on securities        
Taxable 2,806 3,129 5,853 6,024
Tax exempt 664 557 1,248 1,115
Interest and dividends on Federal Reserve Bank and Federal Home Loan Bank stock 298 342 630 690
Other, including interest on federal funds sold 106 83 223 210
Total interest income 35,811 36,783 71,504 73,559
Interest expense:        
Interest on deposits 2,472 2,902 4,934 5,921
Interest on repurchase agreements and other short-term borrowings 217 234 409 497
Interest on advances from Federal Home Loan Bank 5 6 11 13
Interest on long-term debt 284 299 567 589
Total interest expense 2,978 3,441 5,921 7,020
Net interest income 32,833 33,342 65,583 66,539
Provision for loan losses 735 3,661 2,080 5,220
Net interest income after provision for loan losses 32,098 29,681 63,503 61,319
Noninterest income:        
Service charges on deposit accounts 5,987 6,182 11,418 11,949
Gains on sales of loans, net 288 755 478 2,152
Trust and wealth management income 2,199 2,023 4,308 4,023
Loan related fees 766 1,496 1,445 2,444
Bank owned life insurance 476 1,327 950 1,748
Brokerage revenue 634 618 1,204 1,068
Securities losses (51) (8) (111) (8)
Other noninterest income 673 881 1,345 1,818
Total noninterest income 10,972 13,274 21,037 25,194
Noninterest expense:        
Officer salaries and employee benefits 2,784 2,635 5,622 5,186
Other salaries and employee benefits 10,490 10,579 21,069 21,010
Occupancy, net 1,937 1,972 4,101 3,899
Equipment 938 988 1,838 1,966
Data processing 1,933 1,775 3,858 3,588
Bank franchise tax 1,208 1,123 2,417 2,246
Legal fees 656 556 1,354 1,162
Professional fees 425 432 840 814
FDIC insurance 558 637 1,207 1,239
Other real estate owned provision and expense 736 1,170 2,241 3,009
Repossession expense 222 487 541 898
Other noninterest expense 3,369 3,633 7,029 7,269
Total noninterest expense 25,256 25,987 52,117 52,286
Income before income taxes 17,814 16,968 32,423 34,227
Income taxes 5,619 5,026 10,088 10,465
Net income 12,195 11,942 22,335 23,762
Unrealized holding gains (losses) on securities available-for-sale:        
Unrealized holding gains (losses) arising during the period 6,571 (21,337) 12,651 (23,923)
Less: Reclassification adjustments for realized losses included in net income (51) (8) (111) (8)
Tax (benefit) expense 2,318 (7,465) 4,467 (8,370)
Other comprehensive income (loss), net of tax 4,304 (13,864) 8,295 (15,545)
Comprehensive income (loss) $ 16,499 $ (1,922) $ 30,630 $ 8,217
Basic earnings per share (in dollars per share) $ 0.70 $ 0.70 $ 1.29 $ 1.39
Diluted earnings per share (in dollars per share) $ 0.70 $ 0.69 $ 1.28 $ 1.38
Weighted average shares outstanding-basic (in shares) 17,318 17,121 17,313 17,107
Weighted average shares outstanding-diluted (in shares) 17,393 17,205 17,393 17,188
Dividends declared per share (in dollars per share) $ 0.290 $ 0.286 $ 0.581 $ 0.572