|
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2013
|
Dec. 31, 2012
|
Dec. 31, 2011
|
|
| Consolidated Statements of Operations | |||
| Interest income | $ 63,685 | $ 52,975 | $ 44,269 |
| Fee income | 13,390 | 11,976 | 12,254 |
| Interest and fee income | 77,075 | 64,951 | 56,523 |
| Interest expense | 4,545 | 6,882 | 11,416 |
| Net interest and fee income | 72,530 | 58,069 | 45,107 |
| Provision for credit losses | 9,617 | 5,920 | 4,134 |
| Net interest and fee income after provision for credit losses | 62,913 | 52,149 | 40,973 |
| Other income: | |||
| Insurance income | 4,924 | 4,101 | 3,759 |
| Gain (loss) on derivatives | (2) | (6) | (53) |
| Other income | 1,676 | 1,869 | 1,945 |
| Other income, total | 6,598 | 5,964 | 5,651 |
| Other expense: | |||
| Salaries and benefits | 27,680 | 24,862 | 22,539 |
| General and administrative | 14,725 | 13,547 | 13,044 |
| Financing related costs | 1,106 | 850 | 719 |
| Other expense | 43,511 | 39,259 | 36,302 |
| Income before income taxes | 26,000 | 18,854 | 10,322 |
| Income tax expense | 9,769 | 7,157 | 4,147 |
| Net income | $ 16,231 | $ 11,697 | $ 6,175 |
| Basic earnings per share | $ 1.26 | $ 0.92 | $ 0.48 |
| Diluted earnings per share | $ 1.25 | $ 0.91 | $ 0.48 |