Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest and dividend income:    
Interest and fees on loans $ 61,269 $ 39,224
Interest on deposits in other banks 12 5
Interest and dividends on securities:    
Taxable 3,648 2,069
Nontaxable 3,279 1,987
Total interest and dividend income 68,208 43,285
Interest expense:    
Interest on deposits 2,256 3,962
Interest on federal funds purchased 24 15
Interest on short-term borrowings 119 54
Interest on long-term borrowings 2,051 1,501
Total interest expense 4,450 5,532
Net interest income 63,758 37,753
Provision for loan losses   2,050
Net interest income after provision for loan losses 63,758 35,703
Noninterest income:    
Service charges on deposit accounts 4,298 2,272
Other service charges, commissions and fees 4,671 2,807
Gains (losses) on securities transactions, net 29 (11)
Gains on sales of mortgage loans, net of commissions 2,297 3,852
Losses on sales of bank premises (233) (296)
Other operating income 3,138 1,211
Total noninterest income 14,200 9,835
Noninterest expenses:    
Salaries and benefits 29,626 17,966
Occupancy expenses 5,180 2,855
Furniture and equipment expenses 2,868 1,845
Communications expense 1,098 696
Technology and data processing 3,074 1,744
Professional services 1,055 725
Marketing and advertising expense 1,065 1,052
FDIC assessment premiums and other insurance 1,393 790
OREO and credit-related expenses 1,451 574
Amortization of intangible assets 2,616 1,069
Acquisition and conversion costs 13,168  
Other expenses 5,187 4,185
Total noninterest expenses 67,781 33,501
Income before income taxes 10,177 12,037
Income tax expense 2,362 3,054
Net income $ 7,815 $ 8,983
Earnings per common share, basic $ 0.17 $ 0.36
Earnings per common share, diluted $ 0.17 $ 0.36