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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest Income    
Interest and fees on loans $ 84,430 $ 72,471
Interest and dividends on investment securities 3,592 2,833
Interest on balances with other banks and short-term investments 981 483
Interest on federal funds sold 46 7
Total interest income 89,049 75,794
Interest Expense    
Interest on deposits 9,129 5,830
Interest on customer repurchase agreements 50 38
Interest on short-term borrowings 1,111 53
Interest on long-term borrowings 2,979 2,979
Total interest expense 13,269 8,900
Net Interest Income 75,780 66,894
Provision for Credit Losses 1,969 1,397
Net Interest Income After Provision For Credit Losses 73,811 65,497
Noninterest Income    
Service charges on deposits 1,614 1,472
Gain on sale of loans 1,523 2,048
Gain on sale of investment securities 42 505
Increase in the cash surrender value of bank owned life insurance 344 367
Other income 1,781 1,678
Total noninterest income 5,304 6,070
Noninterest Expense    
Salaries and employee benefits 16,858 16,677
Premises and equipment expenses 3,929 3,847
Marketing and advertising 937 894
Data processing 2,317 2,041
Legal, accounting and professional fees 2,973 1,002
FDIC insurance 675 544
Other expenses 3,432 4,227
Total noninterest expense 31,121 29,232
Income Before Income Tax Expense 47,994 42,335
Income Tax Expense 12,279 15,318
Net Income $ 35,715 $ 27,017
Earnings Per Common Share    
Basic (in dollars per share) $ 1.04 $ 0.79
Diluted (in dollars per share) $ 1.04 $ 0.79