Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest and dividend income:        
Interest and fees on loans $ 38,895,000 $ 40,836,000 $ 116,806,000 $ 121,743,000
Interest on Federal funds sold   1,000 1,000 1,000
Interest on deposits in other banks 3,000 4,000 14,000 58,000
Interest and dividends on securities:        
Taxable 1,849,000 2,848,000 5,856,000 9,488,000
Nontaxable 2,094,000 1,814,000 6,135,000 5,391,000
Total interest and dividend income 42,841,000 45,503,000 128,812,000 136,681,000
Interest expense:        
Interest on deposits 3,371,000 4,726,000 11,033,000 15,084,000
Interest on federal funds purchased 26,000 28,000 62,000 29,000
Interest on short-term borrowings 62,000 69,000 170,000 160,000
Interest on long-term borrowings 1,524,000 1,918,000 4,533,000 6,212,000
Total interest expense 4,983,000 6,741,000 15,798,000 21,485,000
Net interest income 37,858,000 38,762,000 113,014,000 115,196,000
Provision for loan losses 1,800,000 2,400,000 4,850,000 8,900,000
Net interest income after provision for loan losses 36,058,000 36,362,000 108,164,000 106,296,000
Noninterest income:        
Service charges on deposit accounts 2,474,000 2,222,000 7,093,000 6,643,000
Other service charges, commissions and fees 3,185,000 2,768,000 9,214,000 8,115,000
Gains (losses) on securities transactions, net 5,000 (1,000) 47,000 4,000
Gains on sales of mortgage loans, net of commissions 2,061,000 4,755,000 10,581,000 11,352,000
Gains (losses) on sales of bank premises (7,000) (309,000) (337,000) 34,000
Other operating income 1,498,000 1,067,000 3,751,000 3,084,000
Total noninterest income 9,216,000 10,502,000 30,349,000 29,232,000
Noninterest expenses:        
Salaries and benefits 17,416,000 17,116,000 53,294,000 51,027,000
Occupancy expenses 2,820,000 3,262,000 8,439,000 9,001,000
Furniture and equipment expenses 1,665,000 1,809,000 5,250,000 5,440,000
Other operating expenses 12,231,000 11,081,000 34,932,000 33,675,000
Total noninterest expenses 34,132,000 33,268,000 101,915,000 99,143,000
Income before income taxes 11,142,000 13,596,000 36,598,000 36,385,000
Income tax expense 3,196,000 3,970,000 10,206,000 10,416,000
Net income $ 7,946,000 $ 9,626,000 $ 26,392,000 $ 25,969,000
Earnings per common share, basic $ 0.32 $ 0.37 $ 1.06 $ 1.00
Earnings per common share, diluted $ 0.32 $ 0.37 $ 1.06 $ 1.00