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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest and dividend income:      
Loans, including fees $ 84,244 $ 61,637 $ 56,080
Factored receivables, including fees 35,213 33,944 28,158
Taxable securities 4,204 2,655 2,630
Tax exempt securities 178 59 60
Cash deposits 653 465 302
Total interest income 124,492 98,760 87,230
Interest expense:      
Deposits 9,156 6,906 5,036
Senior secured note     584
Subordinated notes 835    
Junior subordinated debentures 1,427 1,121 1,095
Other borrowings 716 82 55
Total interest expense 12,134 8,109 6,770
Net interest income 112,358 90,651 80,460
Provision for loan losses 6,693 4,529 5,858
Net interest income after provision for loan losses 105,665 86,122 74,602
Noninterest income:      
Service charges on deposits 3,447 2,732 3,009
Card income 2,732 2,234 2,098
Net OREO gains (losses) and valuation adjustments (1,427) (108) (582)
Net gains (losses) on sale of securities (56) 259 88
Net gains on sale of loans 16 1,630 1,495
Fee income 2,240 1,931 1,820
Bargain purchase gain   15,117  
Gain on branch sale     12,619
Asset management fees 6,574 5,646 989
Other 7,430 3,856 3,231
Total noninterest income 20,956 33,297 24,767
Noninterest expense:      
Salaries and employee benefits 54,531 50,175 42,131
Occupancy, furniture and equipment 7,301 6,259 5,474
FDIC insurance and other regulatory assessments 913 1,086 1,042
Professional fees 5,529 4,429 3,574
Amortization of intangible assets 3,782 3,979 2,923
Advertising and promotion 2,716 2,061 2,594
Communications and technology 6,491 4,360 3,748
Other 11,849 9,516 7,716
Total noninterest expense 93,112 81,865 69,202
Net income before income tax 33,509 37,554 30,167
Income tax expense 12,809 8,421 10,378
Net income 20,700 29,133 19,789
Income attributable to noncontrolling interests     (2,060)
Net income attributable to Triumph Bancorp, Inc. 20,700 29,133 17,729
Dividends on preferred stock (887) (780) (780)
Net income available to common stockholders $ 19,813 $ 28,353 $ 16,949
Earnings per common share      
Basic $ 1.11 $ 1.60 $ 1.55
Diluted $ 1.10 $ 1.57 $ 1.52