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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest Income    
Interest and fees on loans $ 72,471 $ 64,922
Interest and dividends on investment securities 2,833 2,588
Interest on balances with other banks and short-term investments 483 284
Interest on federal funds sold 7 13
Total interest income 75,794 67,807
Interest Expense    
Interest on deposits 5,830 4,143
Interest on customer repurchase agreements 38 37
Interest on short-term borrowings 53
Interest on long-term borrowings 2,979 1,037
Total interest expense 8,900 5,217
Net Interest Income 66,894 62,590
Provision for Credit Losses 1,397 3,043
Net Interest Income After Provision For Credit Losses 65,497 59,547
Noninterest Income    
Service charges on deposits 1,472 1,448
Gain on sale of loans 2,048 1,463
Gain on sale of investment securities 505 624
Increase in the cash surrender value of bank owned life insurance 367 390
Other income 1,678 2,365
Total noninterest income 6,070 6,290
Noninterest Expense    
Salaries and employee benefits 16,677 16,119
Premises and equipment expenses 3,847 3,826
Marketing and advertising 894 774
Data processing 2,041 2,014
Legal, accounting and professional fees 1,002 1,063
FDIC insurance 544 809
Other expenses 4,227 3,497
Total noninterest expense 29,232 28,102
Income Before Income Tax Expense 42,335 37,735
Income Tax Expense 15,318 14,413
Net Income $ 27,017 $ 23,322
Earnings Per Common Share    
Basic (in dollars per share) $ 0.79 $ 0.70
Diluted (in dollars per share) $ 0.79 $ 0.68