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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
INTEREST INCOME      
Loans $ 111,097 $ 75,751 $ 58,089
Investment securities and other interest-earning assets 7,259 5,588 5,711
Total interest income 118,356 81,339 63,800
INTEREST EXPENSE      
Deposits 6,630 5,037 4,065
FHLB advances and other borrowings 1,490 1,124 984
Subordinated debentures 3,937 1,543 307
Total interest expense 12,057 7,704 5,356
NET INTEREST INCOME BEFORE PROVISION FOR LOAN LOSSES 106,299 73,635 58,444
PROVISION FOR LOAN LOSSES 6,425 4,684 1,860
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 99,874 68,951 56,584
NONINTEREST INCOME      
Loan servicing fees 1,459 1,475 910
Deposit fees 2,532 1,809 1,873
Net gain from sales of loans 7,970 6,300 3,228
Net gain from sales of investment securities 290 1,547 1,544
Other income 2,190 2,246 1,256
Total noninterest income 14,441 13,377 8,811
NONINTEREST EXPENSE      
Compensation and benefits 38,456 28,705 23,018
Premises and occupancy 8,205 6,608 5,797
Data processing and communications 2,816 2,570 3,080
Other real estate owned operations, net 121 75 618
FDIC insurance premiums 1,376 1,021 749
Legal, audit and professional expense 2,514 2,240 1,863
Marketing expense 2,305 1,208 1,088
Office and postage expense 2,005 1,576 1,313
Loan expense 1,268 848 1,009
Deposit expense 3,643 2,964 1,818
Merger-related expense 4,799 1,490 6,926
CDI amortization 1,350 1,014 764
Other expense 4,733 4,674 2,772
Total noninterest expense 73,591 54,993 50,815
INCOME BEFORE INCOME TAX 40,724 27,335 14,580
INCOME TAX 15,209 10,719 5,587
NET INCOME $ 25,515 $ 16,616 $ 8,993
EARNINGS PER SHARE      
Basic (in dollars per share) $ 1.21 $ 0.97 $ 0.57
Diluted (in dollars per share) $ 1.19 $ 0.96 $ 0.54
WEIGHTED AVERAGE SHARES OUTSTANDING      
Basic (in shares) 21,156,668 17,046,660 15,798,885
Diluted (in shares) 21,488,698 17,343,977 16,609,954