| Dec'12 | Dec'11 | Dec'10 | Dec'09 | ||
|---|---|---|---|---|---|
Interest and fees on loans | |||||
70,190 | 65,945 | 53,240 | 52,439 | ||
Interest on securities | |||||
6,397 | 6,303 | 5,914 | 12,086 | ||
Interest on federal funds sold and interest bearing deposits | |||||
231 | 350 | 196 | 416 | ||
Total interest income | |||||
76,818 | 72,598 | 59,350 | 64,941 | ||
Interest on deposits | |||||
5,174 | 8,012 | 7,973 | 12,131 | ||
Interest on borrowings | |||||
3,533 | 3,750 | 4,945 | 5,924 | ||
Interest on junior subordinated debentures | |||||
786 | 1,342 | 1,736 | 1,832 | ||
Total interest expense | |||||
9,493 | 13,104 | 14,654 | 19,887 | ||
Net interest income before provision for loan losses | |||||
67,325 | 59,494 | 44,696 | 45,054 | ||
Provision for loan losses | |||||
1,500 | 5,346 | 8,337 | 16,646 | ||
Net interest income after provision for loan losses | |||||
65,825 | 54,148 | 36,359 | 28,408 | ||
Service charges on deposit accounts | |||||
3,108 | 3,447 | 3,225 | 3,516 | ||
Loan sales and commissions | |||||
534 | 0 | 55 | - | ||
Net gain on sale of securities | |||||
5,672 | 1,022 | 2,014 | 6,469 | ||
Impairment losses on securities | |||||
728 | 1,387 | 749 | 1,507 | ||
Earnings on cash surrender value of life insurance | |||||
427 | 438 | 441 | 437 | ||
Loss on non-hedged derivatives | |||||
-536 | -84 | 0 | - | ||
(Amortization) accretion of FDIC shared-loss asset | |||||
-3,269 | 187 | 0 | - | ||
Market gain on foreclosed assets | |||||
0 | 429 | 691 | - | ||
Market gain on foreclosed assets | |||||
- | - | - | 0 | ||
Gain on acquisitions | |||||
0 | 36,922 | 2,312 | 0 | ||
Other income | |||||
6,128 | 3,635 | 807 | 1,119 | ||
Total noninterest income | |||||
11,336 | 44,609 | 8,796 | 10,034 | ||
Salaries and employee benefits | |||||
28,325 | 26,510 | 19,014 | 20,867 | ||
Premises and equipment | |||||
6,393 | 6,298 | 6,268 | 6,538 | ||
Data processing | |||||
3,449 | 3,500 | 2,564 | 2,403 | ||
Legal, audit and other professional services | |||||
7,812 | 5,570 | 2,033 | 2,719 | ||
Printing, stationary, and supplies | |||||
305 | 366 | 258 | 757 | ||
Telephone | |||||
856 | 800 | 841 | 986 | ||
Directors' expense | |||||
619 | 460 | 428 | 521 | ||
Advertising, marketing and business development | |||||
1,545 | 1,637 | 918 | 1,380 | ||
Postage | |||||
217 | 222 | 212 | 245 | ||
Insurance and regulatory assessments | |||||
2,213 | 2,199 | 2,944 | 3,376 | ||
Net gain on and expense of foreclosed property | |||||
362 | -5,178 | -2,954 | -1,563 | ||
Market value loss on loans held-for-sale | |||||
- | - | - | -709 | ||
Amortization and impairment of intangible assets | |||||
6,995 | 2,289 | 1,666 | 1,626 | ||
Other expenses | |||||
3,359 | 3,435 | 2,705 | 3,166 | ||
Total noninterest expense | |||||
61,726 | 58,464 | 42,805 | 46,856 | ||
Income before provision for income taxes | |||||
15,435 | 40,293 | 2,350 | -8,414 | ||
Provision for income taxes | |||||
6,161 | 16,910 | 940 | -3,753 | ||
Net income | |||||
9,274 | 23,383 | 1,410 | -4,661 | ||
Net income available to common stockholders | |||||
8,024 | 20,828 | 160 | -5,793 | ||
Basic | |||||
0.27 | 0.73 | 0.01 | -0.50 | ||
Diluted | |||||
0.27 | 0.71 | 0.01 | -0.50 | ||