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Condensed Consolidated Statements Of Income (USD $)
In Thousands, except 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 held for investment $ 23,410 $ 24,264 $ 46,244 $ 49,108
Interest on securities - taxable 1,537 1,869 3,634 3,755
Interest on securities - nontaxable 1,099 1,207 2,221 2,415
Interest on deposits in banks 47 72 77 138
Total interest income 26,093 27,412 52,176 55,416
Interest expense        
Interest on deposits 1,835 2,283 3,723 4,645
Interest on short-term borrowings 483 579 985 1,169
Interest on long-term debt 1,707 1,688 3,375 3,378
Total interest expense 4,025 4,550 8,083 9,192
Net interest income 22,068 22,862 44,093 46,224
Provision for loan losses 1,279 3,205 3,072 4,347
Net interest income after provision for loan losses 20,789 19,657 41,021 41,877
Noninterest income        
Wealth management 718 971 1,726 1,817
Service charges on deposit accounts 3,423 3,315 6,493 6,483
Other service charges and fees 1,850 1,793 3,621 3,579
Insurance commissions 1,454 1,308 3,418 2,974
Impairment losses on securities (254)   (518)  
Portion of losses recognized in other comprehensive income            
Net impairment losses recognized in earnings (254)   (518)  
Net (loss) gain on sale of securities (59) 113 (14) 230
Net FDIC indemnification asset amortization (936) (1,662) (2,070) (3,201)
Other operating income 1,408 1,010 2,182 2,827
Total noninterest income 7,604 6,848 14,838 14,709
Noninterest expense        
Salaries and employee benefits 10,043 9,960 19,948 20,070
Occupancy expense of bank premises 1,578 1,795 3,356 3,650
Furniture and equipment 1,205 1,300 2,399 2,643
Amortization of intangible assets 178 183 353 362
FDIC premiums and assessments 458 469 892 941
Merger related expense   8   57
Other operating expense 4,701 4,818 10,395 10,354
Total noninterest expense 18,163 18,533 37,343 38,077
Income before income taxes 10,230 7,972 18,516 18,509
Income tax expense 3,223 2,537 5,784 5,933
Net income 7,007 5,435 12,732 12,576
Dividends on preferred stock 227 253 455 511
Net income available to common shareholders $ 6,780 $ 5,182 $ 12,277 $ 12,065
Basic earnings per common share $ 0.37 $ 0.26 $ 0.67 $ 0.60
Diluted earnings per common share $ 0.36 $ 0.26 $ 0.65 $ 0.59
Cash dividends per common share $ 0.12 $ 0.12 $ 0.24 $ 0.24
Weighted average basic shares outstanding 18,395,996 19,997,991 18,409,414 20,015,247
Weighted average diluted shares outstanding 19,457,237 21,205,078 19,475,333 21,231,615