Information About Reportable Segments and Reconciliation |
Information about reportable segments and reconciliation of such information to the consolidated financial statements for years ended December 31, 2013, 2012, and 2011 is as follows (dollars in thousands):
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Community Bank
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Mortgage
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Eliminations
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Consolidated
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For the Year Ended December 31, 2013
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Net interest income
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$
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149,975
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$
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1,651
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$
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-
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$
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151,626
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Provision for loan losses
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6,056
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-
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-
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6,056
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Net interest income after provision for loan losses
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143,919
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1,651
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-
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145,570
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Noninterest income
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27,492
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11,906
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(670)
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38,728
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Noninterest expenses
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120,256
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17,703
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(670)
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137,289
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Income before income taxes
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51,155
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(4,146)
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-
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47,009
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Income tax expense
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14,000
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(1,487)
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-
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12,513
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Net income
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$
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37,155
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$
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(2,659)
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$
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-
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$
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34,496
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Total assets
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$
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4,170,682
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$
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63,715
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$
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(57,826)
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$
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4,176,571
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For the Year Ended December 31, 2012
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Net interest income
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$
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153,024
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$
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1,331
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$
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-
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$
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154,355
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Provision for loan losses
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12,200
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-
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-
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12,200
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Net interest income after provision for loan losses
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140,824
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1,331
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-
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142,155
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Noninterest income
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24,876
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16,660
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(468)
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41,068
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Noninterest expenses
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119,976
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13,971
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(468)
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133,479
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Income before income taxes
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45,724
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4,020
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-
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49,744
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Income tax expense
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12,858
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1,475
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-
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14,333
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Net income
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$
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32,866
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$
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2,545
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$
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-
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$
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35,411
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Total assets
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$
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4,081,544
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$
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187,836
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$
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(173,515)
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$
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4,095,865
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For the Year Ended December 31, 2011
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Net interest income
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$
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155,045
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$
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1,315
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$
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-
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$
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156,360
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Provision for loan losses
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16,800
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-
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-
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16,800
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Net interest income after provision for loan losses
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138,245
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1,315
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-
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139,560
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Noninterest income
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22,382
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11,050
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(468)
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32,964
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Noninterest expenses
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121,490
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9,793
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(468)
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130,815
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Income before income taxes
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39,137
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2,572
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-
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41,709
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Income tax expense
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10,304
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|
960
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-
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11,264
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Net income
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$
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28,833
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$
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1,612
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$
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-
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$
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30,445
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Total assets
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$
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3,904,013
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$
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84,445
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$
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(81,371)
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$
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3,907,087
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