Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY

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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
Common Stock [Member]
Additional Paid-In Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Cumulative impact resulting from the adoption of ASU-2014-01     $ 299,000    
Balance at Dec. 31, 2012 $ 33,510,000 $ 176,635,000 215,335,000 [1] $ 10,084,000 $ 435,564,000
Net income     34,366,000 [1]   34,366,000
Other comprehensive income (loss), (net of taxes)       (12,274,000) (12,274,000)
Dividends on common stock     (12,535,000) [1]   (12,535,000)
Stock purchased under stock repurchase program (664,000) (8,835,000)     (9,499,000)
Issuance of common stock under Dividend Reinvestment Plan 63,000 893,000 (956,000) [1]    
Issuance of common stock under Equity Compensation Plans 67,000 860,000     927,000
Issuance of common stock for services rendered 25,000 452,000     477,000
Vesting of restricted stock under Equity Compensation Plan 26,000 (26,000)      
Net settle for taxes on Restricted Stock Awards (7,000) (98,000)     (105,000)
Stock-based compensation expense   889,000     889,000
Balance at Dec. 31, 2013 33,020,000 170,770,000 236,210,000 [1] (2,190,000) 437,810,000
Cumulative impact resulting from the adoption of ASU-2014-01     429,000    
Net income     52,164,000 [1]   52,164,000
Other comprehensive income (loss), (net of taxes)       14,445,000 14,445,000
Issuance of common stock in regard to acquisition 29,457,000 520,066,000     549,523,000
Dividends on common stock     (25,494,000) [1]   (25,494,000)
Stock purchased under stock repurchase program (2,826,000) (49,773,000)     (52,599,000)
Issuance of common stock under Dividend Reinvestment Plan 69,000 1,135,000 (1,204,000) [1]    
Issuance of common stock under Equity Compensation Plans 100,000 1,130,000     1,230,000
Issuance of common stock for services rendered 39,000 674,000     713,000
Vesting of restricted stock under Equity Compensation Plan 22,000 (22,000)      
Net settle for taxes on Restricted Stock Awards (86,000) (1,516,000)     (1,602,000)
Stock-based compensation expense   979,000     979,000
Balance at Dec. 31, 2014 59,795,000 643,443,000 261,676,000 [1] 12,255,000 977,169,000
Cumulative impact resulting from the adoption of ASU-2014-01     856,000    
Net income     67,079,000 [1]   67,079,000
Other comprehensive income (loss), (net of taxes)       (6,003,000) (6,003,000)
Dividends on common stock     (29,082,000) [1]   (29,082,000)
Stock purchased under stock repurchase program (889,000) (15,371,000)     (16,260,000)
Issuance of common stock under Dividend Reinvestment Plan 93,000 1,446,000 (1,539,000) [1]    
Issuance of common stock under Equity Compensation Plans 80,000 848,000     928,000
Issuance of common stock for services rendered 32,000 532,000     564,000
Vesting of restricted stock under Equity Compensation Plan 72,000 (72,000)      
Net settle for taxes on Restricted Stock Awards (24,000) (392,000)     (416,000)
Stock-based compensation expense   1,388,000     1,388,000
Balance at Dec. 31, 2015 $ 59,159,000 $ 631,822,000 $ 298,134,000 [1] $ 6,252,000 $ 995,367,000
[1] Retained earnings as of December 31, 2012, 2013, and 2014 includes the cumulative impact of $299,000, $429,000, and $856,000, respectively, resulting from the adoption of ASU 2014-01 "Accounting For Investments in Qualified Affordable Housing Projects." See Note 1 "Summary of Significant Accounting Policies" for additional information.