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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
INTEREST AND DIVIDEND INCOME        
Loans, including fees $ 78,538 $ 67,360 $ 147,671 $ 132,258
Interest and dividends on securities:        
Taxable 14,194 9,375 25,738 18,970
Tax-exempt 5,055 4,864 9,890 9,756
Total interest and dividends on securities 19,249 14,239 35,628 28,726
Other interest income 1,101 561 1,904 1,100
Total interest and dividend income 98,888 82,160 185,203 162,084
INTEREST EXPENSE        
Interest bearing demand deposits 3,150 1,506 5,673 2,599
Money market deposits 1,093 644 1,972 1,218
Savings deposits 227 185 416 367
Certificates of deposit 2,977 2,491 5,513 4,902
Total interest expense on deposits 7,447 4,826 13,574 9,086
Federal Home Loan Bank borrowings 5,953 3,145 10,451 5,980
Other short-term borrowings 973 262 1,532 560
Subordinated debt and junior subordinated debt 2,168 1,788 4,110 3,600
Total interest expense 16,541 10,021 29,667 19,226
NET INTEREST INCOME 82,347 72,139 155,536 142,858
Provision for credit losses 1,708 2,383 3,876 5,094
Net interest income after provision for credit losses 80,639 69,756 151,660 137,764
NON-INTEREST INCOME        
Electronic banking fees 5,728 4,984 10,558 9,512
Net securities brokerage revenue 1,809 1,680 3,479 3,442
Bank-owned life insurance 1,128 1,367 3,884 2,508
Mortgage banking income 1,670 968 2,776 2,408
Net securities gains 358 494 319 506
Net gain on other real estate owned and other assets 229 342 491 307
Other income 1,588 1,634 3,760 4,674
Total non-interest income 23,408 22,122 47,491 45,006
NON-INTEREST EXPENSE        
Salaries and wages 26,872 23,616 51,878 46,618
Employee benefits 7,965 7,731 14,877 15,941
Net occupancy 4,103 4,510 8,759 8,837
Equipment 4,095 4,097 8,044 8,139
Marketing 1,405 2,060 2,521 2,884
FDIC insurance 868 906 1,526 1,733
Amortization of intangible assets 1,312 1,240 2,397 2,513
Restructuring and merger-related expense 5,412   5,657 491
Other operating expenses 11,511 11,724 22,455 23,112
Total non-interest expense 63,543 55,884 118,114 110,268
Income before provision for income taxes 40,504 35,994 81,037 72,502
Provision for income taxes 7,335 9,653 14,339 20,274
NET INCOME $ 33,169 $ 26,341 $ 66,698 $ 52,228
EARNINGS PER COMMON SHARE        
Basic $ 0.71 $ 0.60 $ 1.47 $ 1.19
Diluted $ 0.71 $ 0.60 $ 1.47 $ 1.19
AVERAGE COMMON SHARES OUTSTANDING        
Basic 46,498,305 43,995,749 45,281,264 43,971,789
Diluted 46,639,780 44,061,421 45,417,010 44,046,812
DIVIDENDS DECLARED PER COMMON SHARE $ 0.29 $ 0.26 $ 0.58 $ 0.52
COMPREHENSIVE INCOME $ 26,893 $ 29,065 $ 45,904 $ 57,236
Total Trust Fees [Member]        
NON-INTEREST INCOME        
NON-INTEREST INCOME 5,752 5,572 12,255 11,716
Service Charges on Deposits [Member]        
NON-INTEREST INCOME        
NON-INTEREST INCOME $ 5,146 $ 5,081 $ 9,969 $ 9,933