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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest income:        
Interest and fees on loans $ 52,948 $ 47,307 $ 103,398 $ 87,233
Interest on debt securities:        
Taxable 4,228 3,585 8,215 6,815
Nontaxable 271 304 553 690
Interest on interest-bearing deposits 231 234 471 364
Dividends on equity securities 201 112 406 180
Total interest income 57,879 51,542 113,043 95,282
Interest expense:        
Interest-bearing transaction accounts 817 523 1,623 1,198
Money market accounts 4,445 1,938 7,798 3,431
Savings accounts 147 125 272 207
Certificates of deposit 2,338 1,373 4,237 2,588
Subordinated debentures and notes 1,454 1,288 2,822 2,452
Federal Home Loan Bank advances 1,448 522 2,706 852
Notes payable and other borrowings 182 140 366 279
Total interest expense 10,831 5,909 19,824 11,007
Net interest income 47,048 45,633 93,219 84,275
Provision for portfolio loan losses 2,385 3,623 4,256 5,156
Provision reversal for purchased credit impaired loan losses (1,995) (207) (1,995) (355)
Net interest income after provision for loan losses 46,658 42,217 90,958 79,474
Noninterest income:        
Service charges on deposit accounts 3,007 2,816 5,858 5,326
Wealth management revenue 2,141 2,054 4,255 3,887
Fees and Commissions, Credit and Debit Cards 1,650 1,392 3,166 2,429
Gain on state tax credits, net 64 9 316 255
Gain on sale of other real estate 0 17 0 17
Gain on sale of investment securities 0 0 9 0
Miscellaneous income 2,831 1,646 5,631 2,996
Total noninterest income 9,693 7,934 19,235 14,910
Noninterest expense:        
Employee compensation and benefits 16,582 15,798 33,073 31,006
Occupancy 2,342 2,265 4,748 4,194
Data processing 1,533 1,806 3,000 3,439
Professional fees 747 1,079 1,596 1,916
FDIC and other insurance 920 650 1,837 1,474
Loan legal and other real estate expense (23) 613 276 958
Merger related expenses 0 4,480 0 6,147
Other 7,118 5,960 13,832 10,253
Total noninterest expense 29,219 32,651 58,362 59,387
Income before income tax expense 27,132 17,500 51,831 34,997
Income tax expense 4,881 5,545 8,659 10,651
Net income $ 22,251 $ 11,955 $ 43,172 $ 24,346
Earnings per common share        
Basic (usd per share) $ 0.96 $ 0.51 $ 1.87 $ 1.07
Diluted (usd per share) $ 0.95 $ 0.50 $ 1.85 $ 1.06