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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest Income        
Interest and fees on loans $ 45,502 $ 37,457 $ 128,181 $ 109,479
Interest and dividends on investment securities 2,255 2,082 6,911 5,589
Interest on balances with other banks and short-term investments 125 182 379 564
Interest on federal funds sold 4 3 11 10
Total interest income 47,886 39,724 135,482 115,642
Interest Expense        
Interest on deposits 2,189 2,544 6,925 8,122
Interest on customer repurchase agreements 38 64 107 197
Interest on long-term borrowings 1,024 413 1,788 1,247
Total interest expense 3,251 3,021 8,820 9,566
Net Interest Income 44,635 36,703 126,662 106,076
Provision for Credit Losses 2,111 1,372 7,179 7,094
Net Interest Income After Provision For Credit Losses 42,524 35,331 119,483 98,982
Noninterest Income        
Service charges on deposits 1,227 1,115 3,638 3,351
Gain on sale of loans 1,822 2,938 4,686 13,355
Gain on sale of investment securities     10 23
Increase in the cash surrender value of bank owned life insurance 295 231 919 420
Other income 1,417 952 3,782 3,263
Total noninterest income 4,761 5,236 13,035 20,412
Noninterest Expense        
Salaries and employee benefits 14,942 12,187 41,565 34,722
Premises and equipment expenses 3,374 3,222 9,570 8,949
Marketing and advertising 544 426 1,421 1,167
Data processing 1,572 1,386 4,592 4,456
Legal, accounting and professional fees 740 864 2,513 2,226
FDIC insurance 573 584 1,680 1,780
Other expenses 3,398 3,004 9,035 9,755
Total noninterest expense 25,143 21,673 70,376 63,055
Income Before Income Tax Expense 22,142 18,894 62,142 56,339
Income Tax Expense 8,054 7,137 22,611 21,335
Net Income 14,088 11,757 39,531 35,004
Preferred Stock Dividends 151 142 434 425
Net Income Available to Common Shareholders $ 13,937 $ 11,615 $ 39,097 $ 34,579
Earnings Per Common Share        
Basic (in Dollars per share) $ 0.54 $ 0.45 $ 1.50 $ 1.35
Diluted (in Dollars per share) $ 0.52 $ 0.44 $ 1.47 $ 1.31