SEGMENT REPORTING (Tables)

9 Months Ended

Sep. 30, 2015

Segment Reporting [Abstract]

Schedule of Financial Information with Respect to Company's Reportable Business Segments

The following tables present selected financial information with respect to the Company’s reportable business segments for the three months ended September 30, 2015 and 2014:

	Three Months Ended September 30, 2015
	Banking Division		Retail Mortgage Division		Warehouse Lending Division		SBA Division		Total
	(Dollars in Thousands)
Net interest income	$	43,044	$	2,485	$	1,128	$	742	$	47,399
Provision for loan losses		960		26		-		-		986
Noninterest income		13,470		9,827		372		1,309		24,978
Noninterest expense
Salaries and employee benefits		17,921		6,138		137		738		24,934
Equipment and occupancy expenses		5,444		397		1		73		5,915
Data processing and telecommunications expenses		4,998		308		22		1		5,329
Other expenses		11,379		662		40		137		12,218
Total noninterest expense		39,742		7,505		200		949		48,396
Income before income tax expense		15,812		4,781		1,300		1,102		22,995
Income tax expense		4,854		1,673		455		386		7,368
Net income		10,958		3,108		845		716		15,627
Less preferred stock dividends		-		-		-		-		-
Net income available to common shareholders	$	10,958	$	3,108	$	845	$	716	$	15,627
Total assets	$	4,805,387	$	216,640	$	92,398	$	101,875	$	5,216,300
Intangible assets	$	105,919	$	-	$	-	$	-	$	105,919

	Three Months Ended September 30, 2014
	Banking Division		Retail Mortgage Division		Warehouse Lending Division		SBA Division		Total
	(Dollars in Thousands)
Net interest income	$	36,142	$	1,636	$	711	$	643	$	39,132
Provision for loan losses		994		675		-		-		1,669
Noninterest income		8,932		6,967		168		1,834		17,901
Noninterest expense
Salaries and employee benefits		14,819		4,340		69		998		20,226
Equipment and occupancy expenses		4,277		368		-		24		4,669
Data processing and telecommunications expenses		3,619		285		21		3		3,928
Other expenses		8,722		735		134		165		9,756
Total noninterest expense		31,437		5,728		224		1,190		38,579
Income before income tax expense		12,643		2,200		655		1,287		16,785
Income tax expense		3,672		770		229		450		5,122
Net income		8,971		1,430		426		837		11,663
Less preferred stock dividends		-		-		-		-		-
Net income available to common shareholders	$	8,971	$	1,430	$	426	$	837	$	11,663
Total assets	$	3,678,769	$	176,812	$	50,546	$	93,281	$	3,999,408
Intangible assets	$	67,993	$	-	$	-	$	-	$	67,993

The following tables present selected financial information with respect to the Company’s reportable business segments for the nine months ended September 30, 2015 and 2014:

	Nine Months Ended September 30, 2015
	Banking Division		Retail Mortgage Division		Warehouse Lending Division		SBA Division		Total
	(Dollars in Thousands)
Net interest income	$	115,689	$	6,009	$	3,142	$	2,079	$	126,919
Provision for loan losses		4,343		368		-		-		4,711
Noninterest income		31,512		26,532		1,028		4,107		63,179
Noninterest expense
Salaries and employee benefits		48,958		16,257		363		2,453		68,031
Equipment and occupancy expenses		13,964		1,173		4		137		15,278
Data processing and telecommunications expenses		12,922		799		75		7		13,803
Other expenses		45,783		2,744		95		353		48,975
Total noninterest expense		121,627		20,973		537		2,950		146,087
Income before income tax expense		21,231		11,200		3,633		3,236		39,300
Income tax expense		6,277		3,920		1,272		1,133		12,601
Net income		14,954		7,280		2,361		2,103		26,699
Less preferred stock dividends		-		-		-		-		-
Net income available to common shareholders	$	14,954	$	7,280	$	2,361	$	2,103	$	26,699

	Nine Months Ended September 30, 2014
	Banking Division		Retail Mortgage Division		Warehouse Lending Division		SBA Division		Total
	(Dollars in Thousands)
Net interest income	$	102,415	$	3,522	$	1,264	$	1,679	$	108,880
Provision for loan losses		4,085		675		-		-		4,760
Noninterest income		23,742		18,883		418		3,431		46,474
Noninterest expense
Salaries and employee benefits		40,905		11,743		171		1,743		54,562
Equipment and occupancy expenses		11,778		969		1		56		12,804
Data processing and telecommunications expenses		10,535		728		43		16		11,322
Other expenses		26,855		2,764		232		597		30,448
Total noninterest expense		90,073		16,204		447		2,412		109,136
Income before income tax expense		31,999		5,526		1,235		2,698		41,458
Income tax expense		10,004		1,934		432		944		13,315
Net income		21,995		3,592		803		1,754		28,143
Less preferred stock dividends		286		-		-		-		286
Net income available to common shareholders	$	21,709	$	3,592	$	803	$	1,754	$	27,857