Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Changes In Stockholders' Equity

 v2.3.0.11
Condensed Consolidated Statements Of Changes In Stockholders' Equity (USD $)
In Thousands
Preferred Stock [Member]
Common Stock [Member]
Surplus [Member]
Retained Earnings [Member]
Discount On Preferred Stock [Member]
Accumulated Other Comprehensive Income [Member]
Comprehensive Income [Member]
Total
Balance at Dec. 31, 2009   $ 24,462 $ 98,136 $ 155,047   $ 4,443   $ 282,088
Comprehensive income:                
Net income       10,425     10,425 10,425
Interest rate swap (cash flow hedge)             (1,444)  
Unrealized holding gains arising during the period, net of tax             4,173  
Reclassification adjustment for gains included in net income, net of tax             (16)  
Other comprehensive income, net of tax           2,713 2,713 2,713
Total comprehensive income             13,138  
Issuance of Common Stock   9,945 86,137         96,082
Dividends on Common Stock       (3,110)       (3,110)
Issuance of Preferred Stock 35,595       (1,403)     34,192
Dividends on Preferred Stock       (535)       (535)
Accretion of discount on Preferred Stock       (101) 101     101
Issuance of Common Stock under Dividend Reinvestment Plan   13 170         183
Issuance of Common Stock under Incentive Stock Option Plan   6 11         17
Vesting of Restricted Stock under Stock Incentive Plan   25 (25)          
Stock-based compensation expense     252         252
Balance at Jun. 30, 2010 35,595 34,451 184,681 161,726 (1,302) 7,156   422,307
Balance at Dec. 31, 2010 35,595 34,532 185,763 169,801 (1,177) 3,571   428,085
Comprehensive income:                
Net income       13,014     13,014 13,014
Interest rate swap (cash flow hedge)             (999)  
Unrealized holding gains arising during the period, net of tax             7,116  
Reclassification adjustment for gains included in net income, net of tax             10  
Other comprehensive income, net of tax           6,127 6,127 6,127
Total comprehensive income             19,141  
Dividends on Common Stock       (3,637)       (3,637)
Tax benefit from exercise of stock awards     1         1
Dividends on Preferred Stock       (924)       (924)
Accretion of discount on Preferred Stock       (129) 129     129
Issuance of Common Stock under Dividend Reinvestment Plan   13 147         160
Issuance of Common Stock under Incentive Stock Option Plan   8 47         55
Vesting of Restricted Stock under Stock Incentive Plan   16 (16)          
Stock-based compensation expense     235         235
Balance at Jun. 30, 2011 $ 35,595 $ 34,569 $ 186,177 $ 178,125 $ (1,048) $ 9,698   $ 443,116