XML 14 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest Income    
Interest and fees on loans $ 74,401 $ 58,097
Interest on investment securities:    
Taxable 1,929 2,307
Tax-exempt 2,665 1,906
Dividends on nonmarketable equity securities 256 198
Interest on deposits with the Federal Reserve Bank and other banks 213 122
Total interest income 79,464 62,630
Interest Expense    
Interest on deposits 4,059 3,352
Interest on short-term borrowings 100 98
Interest Expense, Other 975 0
Total interest expense 5,134 3,450
Net Interest Income 74,330 59,180
Provision for loan losses 1,500 1,500
Net interest income after provision for loan losses 72,830 57,680
Noninterest Income    
Service charges and fees on deposit accounts 5,720 5,916
Wealth management revenue 5,201 5,071
Other charges and fees for customer services 6,392 5,990
Mortgage banking revenue 1,405 1,403
Gain on sale of investment securities 19 579
Other 682 316
Total noninterest income 19,419 19,275
Operating Expenses    
Salaries, wages and employee benefits 33,890 29,253
Occupancy 4,905 4,426
Equipment and software 4,404 4,398
Acquisition-related expenses 2,594 1,362
Other 13,094 11,581
Total operating expenses 58,887 51,020
Income before income taxes 33,362 25,935
Federal income tax expense 10,100 8,100
Net Income $ 23,262 $ 17,835
Net Income Per Common Share:    
Basic (in dollars per share) $ 0.61 $ 0.54
Diluted (in dollars per share) 0.60 0.54
Cash Dividends Declared Per Common Share (dollars per share) $ 0.26 $ 0.24