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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest income      
Interest and fees on loans $ 690,909 $ 586,848 $ 378,209
Interest on taxable securities 33,086 40,138 29,006
Interest on nontaxable securities 623 593 900
Interest on deposits in other banks 1,739 8,139 4,984
Interest on federal funds sold 146 676 227
Total interest income 726,503 636,394 413,326
Interest expense      
Interest on deposits 59,067 102,533 49,054
Interest on other borrowings 29,683 28,695 20,880
Total interest expense 88,750 131,228 69,934
Net interest income 637,753 505,166 343,392
Provision for loan losses 125,488 19,758 16,667
Provision for unfunded commitments 19,062 0 0
Provision for other credit losses 830 0 0
Provision for credit losses 145,380 19,758 16,667
Net interest income after provision for credit losses 492,373 485,408 326,725
Noninterest income      
Service charges on deposit accounts 44,145 50,792 46,128
Mortgage banking activity 374,077 119,409 53,654
Other service charges, commissions and fees 3,914 3,566 2,971
Net gain (loss) on securities 5 138 (37)
Gain on sale of SBA loans 7,226 6,058 2,728
Other noninterest income 17,133 18,150 12,968
Total noninterest income 446,500 198,113 118,412
Noninterest expense      
Salaries and employee benefits 360,278 223,938 149,132
Occupancy and equipment 52,349 40,596 29,131
Advertising and marketing 8,046 7,927 5,571
Amortization of intangible assets 19,612 17,713 9,512
Data processing and communications expenses 46,017 38,513 30,385
Legal and other professional fees 15,972 10,634 6,386
Credit resolution-related expenses 5,106 4,082 4,016
Merger and conversion charges 1,391 73,105 20,499
FDIC insurance 14,078 1,945 3,408
Other noninterest expenses 75,780 53,484 35,607
Total noninterest expense 598,629 471,937 293,647
Income before income tax expense 340,244 211,584 151,490
Income tax expense 78,256 50,143 30,463
Net income $ 261,988 $ 161,441 $ 121,027
Basic earnings per common share (in dollars per share) $ 3.78 $ 2.76 $ 2.81
Diluted earnings per common share (in dollars per share) $ 3.77 $ 2.75 $ 2.80
Weighted average common shares outstanding      
Basic (in shares) 69,256 58,462 43,142
Diluted (in shares) 69,426 58,614 43,248