Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF INCOME

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CONSOLIDATED STATEMENTS OF INCOME (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 and dividend income:        
Interest and fees on loans $ 62,340 $ 38,895 $ 184,996 $ 116,806
Interest on federal funds sold     1 1
Interest on deposits in other banks 21 3 41 14
Interest and dividends on securities:        
Taxable 3,883 1,849 11,391 5,856
Nontaxable 3,347 2,094 10,005 6,135
Total interest and dividend income 69,591 42,841 206,434 128,812
Interest expense:        
Interest on deposits 3,027 3,371 7,833 11,033
Interest on federal funds purchased 3 26 49 62
Interest on short-term borrowings 108 62 373 170
Interest on long-term borrowings 1,974 1,524 6,226 4,533
Total interest expense 5,112 4,983 14,481 15,798
Net interest income 64,479 37,858 191,953 113,014
Provision for loan losses 1,800 1,800 3,300 4,850
Net interest income after provision for loan losses 62,679 36,058 188,653 108,164
Noninterest income:        
Service charges on deposit accounts 4,458 2,474 13,281 7,093
Other service charges, commissions and fees 5,055 3,185 15,138 9,214
Gains on securities transactions, net 995 5 1,449 47
Gains on sales of mortgage loans, net of commissions 2,598 2,061 7,925 10,581
Losses on sales of bank premises (79) (7) (384) (337)
Other operating income 3,715 1,498 10,236 3,751
Total noninterest income 16,742 9,216 47,645 30,349
Noninterest expenses:        
Salaries and benefits 26,060 17,416 83,726 53,294
Occupancy expenses 4,902 2,820 15,184 8,439
Furniture and equipment expenses 3,050 1,665 8,555 5,250
Communications expense 1,291 698 3,740 2,070
Technology and data processing 3,280 2,013 9,145 5,778
Professional services 1,400 795 3,897 2,183
Marketing and advertising expense 2,064 1,017 4,821 3,177
FDIC assessment premiums and other insurance 1,577 759 4,563 2,305
OREO and credit-related expenses 6,559 1,601 10,254 3,159
Amortization of intangible assets 2,391 921 7,462 2,912
Acquisition and conversion costs 1,695 473 19,524 1,393
Other expenses 5,652 3,954 16,306 11,955
Total noninterest expenses 59,921 34,132 187,177 101,915
Income before income taxes 19,500 11,142 49,121 36,598
Income tax expense 4,576 3,196 11,602 10,206
Net income $ 14,924 $ 7,946 $ 37,519 $ 26,392
Earnings per common share, basic $ 0.33 $ 0.32 $ 0.81 $ 1.06
Earnings per common share, diluted $ 0.33 $ 0.32 $ 0.81 $ 1.06