Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Statements of Changes in Stockholders' Equity

v2.4.0.6
Condensed Consolidated Statements of Changes in Stockholders' Equity (USD $)
In Thousands
Total
Preferred Stock
Common Stock
Surplus
Retained Earnings
Discount on Preferred Stock
Accumulated Other Comprehensive Income (Loss)
Balance at Dec. 31, 2009 $ 282,088 $ 0 $ 24,462 $ 98,136 $ 155,047 $ 0 $ 4,443
Net income 22,922       22,922    
Other comprehensive income/loss (872)           (872)
Cash dividends on common stock (6,484)       (6,484)    
Tax benefit from exercise of stock awards 7     7      
Issuance of preferred stock 34,192 35,595       (1,403)  
Dividends on preferred stock (1,458)       (1,458)    
Accretion of discount on preferred stock         (226) 226  
Issuance of Common Stock (7,477,273 shares) 95,967   9,945 86,022      
Issuance of common stock under Dividend Reinvestment Plan 348   25 323      
Issuance of common stock under Stock Incentive Plan 61   10 51      
Issuance/Vesting of restricted stock under Stock Incentive Plan (57)   33 (90)      
Issuance of common stock for services rendered 593   57 536      
Stock-based compensation expense 778     778      
Balance at Dec. 31, 2010 428,085 35,595 34,532 185,763 169,801 (1,177) 3,571
Net income 30,445       30,445    
Other comprehensive income/loss 6,079           6,079
Cash dividends on common stock (7,284)       (7,284)    
Tax benefit from exercise of stock awards 15     15      
Repurchase of preferred stock (35,595) (35,595)          
Dividends on preferred stock (1,961)       (1,961)    
Accretion of discount on preferred stock         (1,177) 1,177  
Issuance of common stock under Dividend Reinvestment Plan 377   16 361      
Issuance of common stock under Stock Incentive Plan 197   39 158      
Issuance/Vesting of restricted stock under Stock Incentive Plan     23 (23)      
Issuance of common stock for services rendered 564   62 502      
Stock-based compensation expense 717     717      
Balance at Dec. 31, 2011 421,639 0 34,672 187,493 189,824 0 9,650
Net income 35,411       35,411    
Other comprehensive income/loss 434           434
Cash dividends on common stock (8,969)       (8,969)    
Stock purchased under stock repurchase plan (14,445)   (1,291) (13,154)      
Issuance of common stock under Dividend Reinvestment Plan 0   61 571 (632)    
Issuance of common stock under Stock Incentive Plan 31   3 28      
Issuance/Vesting of restricted stock under Stock Incentive Plan     21 (21)      
Issuance of common stock for services rendered 565   49 516      
Net settle for taxes on Restricted Stock Awards (55)   (5) (50)      
Stock-based compensation expense 1,252     1,252      
Balance at Dec. 31, 2012 $ 435,863 $ 0 $ 33,510 $ 176,635 $ 215,634 $ 0 $ 10,084