Annual report pursuant to Section 13 and 15(d)

Parent Company Financial Information (Details)

v2.4.0.6
Parent Company Financial Information (Details) (USD $)
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
ASSETS        
Bank premises and equipment, net $ 85,409,000 $ 90,589,000    
Other assets 113,844,000 112,699,000    
Total assets 4,095,865,000 3,907,087,000    
LIABILITIES & STOCKHOLDERS' EQUITY        
Long-term borrowings 136,815,000 155,381,000    
Trust preferred capital notes 60,310,000 60,310,000    
Other liabilities 32,840,000 31,657,000    
Total liabilities 3,660,002,000 3,485,448,000    
Common stock 33,510,000 34,672,000    
Surplus 176,635,000 187,493,000    
Retained earnings 215,634,000 189,824,000    
Accumulated other comprehensive income 10,084,000 9,650,000    
Total stockholders' equity 435,863,000 421,639,000 428,085,000 282,088,000
Total liabilities and stockholders' equity 4,095,865,000 3,907,087,000    
Income:        
Interest and dividend income 181,863,000 189,073,000 189,821,000  
Gains on sale of securities, net 190,000 913,000 58,000  
Other operating income 4,294,000 3,833,000 3,961,000  
Expense:        
Interest expense 27,508,000 32,713,000 38,245,000  
Salaries and benefits 68,648,000 62,865,000 57,560,000  
Occupancy expenses 12,150,000 11,104,000 11,417,000  
Furniture and equipment expenses 7,251,000 6,920,000 6,594,000  
Other operating expenses 45,430,000 49,926,000 54,349,000  
Net income 35,411,000 30,445,000 22,922,000  
Dividends paid on preferred stock   1,499,000 1,688,000  
Amortization of discount on preferred stock   1,177,000 226,000  
Net income available to common stockholders 35,411,000 27,769,000 21,008,000  
Operating activities:        
Net income 35,411,000 30,445,000 22,922,000  
Adjustments to reconcile net income to net cash provided by operating activities:        
Tax benefit from exercise of equity-based awards 2,600 15,000    
(Increase) decrease in other assets (2,173,000) 3,033,000 (7,616,000)  
Other, net 987,000 (2,160,000) 6,343,000  
Net cash and cash equivalents (used in) provided by operating activities (31,693,000) 71,048,000 45,800,000  
Investing activities:        
Sale of securities available for sale 18,944,000 28,800,000 106,549,000  
Net decrease (increase) in bank premises and equipment (2,102,000) (5,466,000) (2,229,000)  
Net cash and cash equivalents (used in) provided by investing activities (131,997,000) (17,892,000) 165,334,000  
Financing activities:        
Net issuance (repurchase) of common stock 31,000 574,000 409,000  
Net cash and cash equivalents provided by (used in) by financing activities 149,933,000 (17,650,000) (195,892,000)  
Decrease in cash and cash equivalents (13,757,000) 35,506,000 15,242,000  
Cash and cash equivalents at beginning of the period 96,659,000 61,153,000 45,911,000  
Cash and cash equivalents at end of the period 82,902,000 96,659,000 61,153,000  
Parent Company [Member]
        
ASSETS        
Cash 6,505,000 7,275,000    
Bank premises and equipment, net 13,141,000 13,591,000    
Other assets 4,593,000 3,837,000    
Investment in subsidiaries 490,199,000 474,412,000    
Total assets 514,438,000 499,115,000    
LIABILITIES & STOCKHOLDERS' EQUITY        
Long-term borrowings 9,375,000 10,000,000    
Trust preferred capital notes 60,310,000 60,310,000    
Other liabilities 8,890,000 7,166,000    
Total liabilities 78,575,000 77,476,000    
Common stock 33,510,000 34,672,000    
Surplus 176,635,000 187,493,000    
Retained earnings 215,634,000 189,824,000    
Accumulated other comprehensive income 10,084,000 9,650,000    
Total stockholders' equity 435,863,000 421,639,000    
Total liabilities and stockholders' equity 514,438,000 499,115,000    
Income:        
Interest and dividend income 8,000 624,000 805,000  
Management fee received from subsidiaries     23,957,000  
Dividends received from subsidiaries 23,141,000 8,612,000 7,094,000  
Equity in undistributed net income from subsidiaries 15,158,000 23,941,000 18,116,000  
Gains on sale of securities, net   430,000    
Gains (losses) on sale of fixed assets, net   (1,000) 448,000  
Other operating income 1,155,000 1,616,000    
Total income 39,462,000 35,222,000 50,420,000  
Expense:        
Interest expense 3,152,000 2,627,000 2,037,000  
Salaries and benefits     15,423,000  
Occupancy expenses 586,000 590,000 1,043,000  
Furniture and equipment expenses   1,023,000 1,794,000  
Other operating expenses 313,000 537,000 7,201,000  
Total expenses 4,051,000 4,777,000 27,498,000  
Net income 35,411,000 30,445,000 22,922,000  
Dividends paid on preferred stock   1,499,000 1,688,000  
Amortization of discount on preferred stock   1,177,000 226,000  
Net income available to common stockholders 35,411,000 27,769,000 21,008,000  
Operating activities:        
Net income 35,411,000 30,445,000 22,922,000  
Adjustments to reconcile net income to net cash provided by operating activities:        
Equity in undistributed net income of subsidiaries (15,158,000) (23,941,000) (18,116,000)  
Tax benefit from exercise of equity-based awards   15,000 7,000  
(Increase) decrease in other assets (756,000) 6,135,000 (3,613,000)  
Other, net 6,544,000 7,706,000 5,320,000  
Net cash and cash equivalents (used in) provided by operating activities 26,041,000 20,360,000 6,520,000  
Investing activities:        
Sale of securities available for sale   12,421,000 3,994,000  
Net decrease (increase) in bank premises and equipment (2,119,000) 1,455,000 (274,000)  
Payments for investments in and advances to subsidiaries (629,000) (11,287,000) (5,547,000)  
Net cash and cash equivalents (used in) provided by investing activities (2,748,000) 2,589,000 (1,827,000)  
Financing activities:        
Net decrease in long-term borrowings (625,000) (625,000) (625,000)  
Cash dividends paid (8,969,000) (9,245,000) (7,942,000)  
Repurchase of preferred stock   (35,595,000)    
Net issuance (repurchase) of common stock (14,469,000) 574,000 352,000  
Net cash and cash equivalents provided by (used in) by financing activities 24,063,000 (44,891,000) (8,215,000)  
Decrease in cash and cash equivalents (770,000) (21,942,000) (3,522,000)  
Cash and cash equivalents at beginning of the period 7,275,000 29,217,000 32,739,000  
Cash and cash equivalents at end of the period $ 6,505,000 $ 7,275,000 $ 29,217,000