XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Interest income:        
Interest and fees on loans $ 94,353 $ 62,648 $ 250,390 $ 194,295
Interest on debt securities:        
Taxable 4,435 5,554 13,293 19,698
Nontaxable 3,585 2,241 10,058 5,542
Interest on interest-earning deposits 480 113 906 500
Dividends on equity securities 375 231 942 631
Total interest income 103,228 70,787 275,589 220,666
Interest expense:        
Interest Expense, Deposits 2,740 3,712 7,870 17,983
Subordinated debentures and notes 2,855 2,826 8,521 7,061
FHLB advances 212 720 604 2,070
Notes payable and other borrowings 148 175 460 997
Total interest expense 5,955 7,433 17,455 28,111
Net interest income 97,273 63,354 258,134 192,555
Provision for credit losses 19,668 14,080 17,045 55,935
Net interest income after provision for credit losses 77,605 49,274 241,089 136,620
Noninterest income:        
Total noninterest income 17,619 12,629 45,113 35,997
Noninterest expense:        
Employee compensation and benefits 33,722 22,040 91,416 66,114
Occupancy 4,496 3,408 11,776 9,940
Data processing 3,328 2,167 9,068 6,393
Professional fees 901 755 3,189 2,904
Branch-closure expenses 3,441 0 3,441 0
Merger-related expenses 14,671 1,563 19,762 1,563
Other 16,326 9,591 43,573 29,195
Total noninterest expense 76,885 39,524 182,225 116,109
Income before income tax expense 18,339 22,379 103,977 56,508
Income tax expense 4,426 4,428 21,733 11,055
Net income $ 13,913 $ 17,951 $ 82,244 $ 45,453
Earnings per common share        
Basic (usd per share) $ 0.38 $ 0.68 $ 2.48 $ 1.73
Diluted (usd per share) $ 0.38 $ 0.68 $ 2.48 $ 1.73
Deposit Account [Member]        
Noninterest income:        
Total noninterest income $ 4,520 $ 2,798 $ 11,466 $ 8,557
Fiduciary and Trust [Member]        
Noninterest income:        
Total noninterest income 2,573 2,456 7,572 7,283
Card Services Revenue [Member]        
Noninterest income:        
Total noninterest income 3,186 2,498 8,657 6,970
Tax credit activity, net [Member]        
Noninterest income:        
Total noninterest income 3,325 748 3,654 2,563
Financial Service, Other [Member]        
Noninterest income:        
Total noninterest income $ 4,015 $ 4,129 $ 13,764 $ 10,624