Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest and dividend income:        
Interest and fees on loans $ 61,386 $ 38,687 $ 122,655 $ 77,912
Interest on Federal funds sold       1
Interest on deposits in other banks 9 6 21 11
Interest and dividends on securities:        
Taxable 3,860 1,939 7,508 4,008
Nontaxable 3,379 2,054 6,658 4,041
Total interest and dividend income 68,634 42,686 136,842 85,973
Interest expense:        
Interest on deposits 2,550 3,701 4,806 7,663
Interest on federal funds purchased 23 21 46 36
Interest on short-term borrowings 146 54 265 108
Interest on long-term borrowings 2,200 1,507 4,252 3,009
Total interest expense 4,919 5,283 9,369 10,816
Net interest income 63,715 37,403 127,473 75,157
Provision for loan losses 1,500 1,000 1,500 3,050
Net interest income after provision for loan losses 62,215 36,403 125,973 72,107
Noninterest income:        
Service charges on deposit accounts 4,525 2,346 8,822 4,618
Other service charges, commissions and fees 5,412 3,222 10,083 6,029
Gains (losses) on securities transactions, net 426 53 455 42
Gains on sales of mortgage loans, net of commissions 3,030 4,668 5,328 8,520
Losses on sales of bank premises (71) (34) (304) (330)
Other operating income 3,382 1,044 6,520 2,254
Total noninterest income 16,704 11,299 30,904 21,133
Noninterest expenses:        
Salaries and benefits 28,040 17,912 57,666 35,878
Occupancy expenses 5,102 2,764 10,282 5,619
Furniture and equipment expenses 2,637 1,741 5,505 3,585
Communications expense 1,351 675 2,450 1,372
Technology and data processing 2,792 2,021 5,866 3,765
Professional services 1,442 663 2,497 1,387
Marketing and advertising expense 1,692 1,108 2,757 2,160
FDIC assessment premiums and other insurance 1,593 756 2,986 1,546
OREO and credit-related expenses 2,244 984 3,694 1,558
Amortization of intangible assets 2,455 921 5,071 1,990
Acquisition and conversion costs 4,661 919 17,829 919
Other expenses 5,466 3,819 10,653 8,004
Total noninterest expenses 59,475 34,283 127,256 67,783
Income before income taxes 19,444 13,419 29,621 25,457
Income tax expense 4,664 3,956 7,026 7,011
Net income $ 14,780 $ 9,463 $ 22,595 $ 18,446
Earnings per common share, basic $ 0.32 $ 0.38 $ 0.49 $ 0.74
Earnings per common share, diluted $ 0.32 $ 0.38 $ 0.48 $ 0.74