SEGMENT REPORTING (Details) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 |
Sep. 30, 2015 |
Jun. 30, 2015 |
Mar. 31, 2015 |
Dec. 31, 2014 |
Sep. 30, 2014 |
Jun. 30, 2014 |
Mar. 31, 2014 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
Segment Reporting Information [Line Items] | |||||||||||
Interest income | $ 52,601 | $ 51,195 | $ 44,229 | $ 42,368 | $ 44,900 | $ 43,186 | $ 38,607 | $ 37,873 | $ 190,393 | $ 164,566 | $ 126,322 |
Interest expense | 3,983 | 3,796 | 3,541 | 3,536 | 3,894 | 4,054 | 3,343 | 3,389 | 14,856 | 14,680 | 10,137 |
Net interest income | 48,618 | 47,399 | 40,688 | 38,832 | 41,006 | 39,132 | 35,264 | 34,484 | 175,537 | 149,886 | 116,185 |
Provision for loan losses | 553 | 986 | 2,656 | 1,069 | 888 | 1,669 | 1,365 | 1,726 | 5,264 | 5,648 | 11,486 |
Noninterest income | 22,407 | 24,978 | 20,626 | 17,575 | 16,362 | 17,901 | 15,819 | 12,754 | 85,586 | 62,836 | 46,549 |
Noninterest expense: | |||||||||||
Salaries and employee benefits | 94,003 | 73,878 | 56,670 | ||||||||
Equipment and occupancy expenses | 21,195 | 17,521 | 12,286 | ||||||||
Data processing and telecommunications expenses | 19,849 | 15,551 | 11,539 | ||||||||
Other expenses | 64,068 | 43,919 | 41,450 | ||||||||
Total noninterest expense | 51,221 | 47,950 | 51,152 | 40,812 | 41,666 | 38,028 | 34,446 | 32,789 | 199,115 | 150,869 | 121,945 |
Income before income tax expense | 17,444 | 22,995 | 1,794 | 14,511 | 14,747 | 16,785 | 12,400 | 12,273 | 56,744 | 56,205 | 29,303 |
Income tax expense | 3,296 | 7,368 | 486 | 4,747 | 4,167 | 5,122 | 4,270 | 3,923 | 15,897 | 17,482 | 9,285 |
Net income | 14,148 | 15,627 | 1,308 | 9,764 | 10,580 | 11,663 | 8,130 | 8,350 | 40,847 | 38,723 | 20,018 |
Less preferred stock dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 286 | 0 | 286 | 1,738 |
Net income available to common shareholders | 14,148 | $ 15,627 | $ 1,308 | $ 9,764 | 10,580 | $ 11,663 | $ 8,130 | $ 8,064 | 40,847 | 38,437 | 18,280 |
Total assets | 5,588,940 | 4,037,077 | 5,588,940 | 4,037,077 | 3,667,649 | ||||||
Other intangible assets, net | 17,058 | 8,221 | 17,058 | 8,221 | 6,009 | ||||||
Goodwill | 90,082 | 63,547 | 90,082 | 63,547 | 35,049 | ||||||
Banking Division [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Interest income | 174,162 | 154,898 | 120,522 | ||||||||
Interest expense | 14,385 | 14,438 | 9,940 | ||||||||
Net interest income | 159,777 | 140,460 | 110,582 | ||||||||
Provision for loan losses | 4,847 | 4,822 | 11,486 | ||||||||
Noninterest income | 44,251 | 32,337 | 25,282 | ||||||||
Noninterest expense: | |||||||||||
Salaries and employee benefits | 68,183 | 55,101 | 43,524 | ||||||||
Equipment and occupancy expenses | 19,320 | 16,097 | 11,599 | ||||||||
Data processing and telecommunications expenses | 18,681 | 14,436 | 10,957 | ||||||||
Other expenses | 59,636 | 39,175 | 36,850 | ||||||||
Total noninterest expense | 165,820 | 124,809 | 102,930 | ||||||||
Income before income tax expense | 33,361 | 43,166 | 21,448 | ||||||||
Income tax expense | 7,713 | 12,918 | 6,536 | ||||||||
Net income | 25,648 | 30,248 | 14,912 | ||||||||
Less preferred stock dividends | 0 | 286 | 1,738 | ||||||||
Net income available to common shareholders | 25,648 | 29,962 | 13,174 | ||||||||
Total assets | 5,166,045 | 3,751,503 | 5,166,045 | 3,751,503 | 3,506,954 | ||||||
Other intangible assets, net | 17,058 | 8,221 | 17,058 | 8,221 | 6,009 | ||||||
Goodwill | 90,082 | 63,547 | 90,082 | 63,547 | 35,049 | ||||||
Retail Mortgage Division [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Interest income | 8,821 | 5,344 | 3,162 | ||||||||
Interest expense | 0 | 0 | 0 | ||||||||
Net interest income | 8,821 | 5,344 | 3,162 | ||||||||
Provision for loan losses | 417 | 826 | 0 | ||||||||
Noninterest income | 34,498 | 24,959 | 18,967 | ||||||||
Noninterest expense: | |||||||||||
Salaries and employee benefits | 22,112 | 15,918 | 12,341 | ||||||||
Equipment and occupancy expenses | 1,674 | 1,342 | 625 | ||||||||
Data processing and telecommunications expenses | 1,065 | 1,043 | 534 | ||||||||
Other expenses | 3,787 | 3,603 | 4,258 | ||||||||
Total noninterest expense | 28,638 | 21,906 | 17,758 | ||||||||
Income before income tax expense | 14,264 | 7,571 | 4,371 | ||||||||
Income tax expense | 4,992 | 2,650 | 1,530 | ||||||||
Net income | 9,272 | 4,921 | 2,841 | ||||||||
Less preferred stock dividends | 0 | 0 | 0 | ||||||||
Net income available to common shareholders | 9,272 | 4,921 | 2,841 | ||||||||
Total assets | 246,730 | 164,588 | 246,730 | 164,588 | 108,198 | ||||||
Other intangible assets, net | 0 | 0 | 0 | 0 | 0 | ||||||
Goodwill | 0 | 0 | 0 | 0 | 0 | ||||||
Warehouse Lending Division [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Interest income | 4,137 | 2,016 | 721 | ||||||||
Interest expense | 0 | 0 | 0 | ||||||||
Net interest income | 4,137 | 2,016 | 721 | ||||||||
Provision for loan losses | 0 | 0 | 0 | ||||||||
Noninterest income | 1,364 | 655 | 163 | ||||||||
Noninterest expense: | |||||||||||
Salaries and employee benefits | 519 | 255 | 174 | ||||||||
Equipment and occupancy expenses | 7 | 1 | 6 | ||||||||
Data processing and telecommunications expenses | 95 | 54 | 39 | ||||||||
Other expenses | 123 | 392 | 128 | ||||||||
Total noninterest expense | 744 | 702 | 347 | ||||||||
Income before income tax expense | 4,757 | 1,969 | 537 | ||||||||
Income tax expense | 1,665 | 689 | 188 | ||||||||
Net income | 3,092 | 1,280 | 349 | ||||||||
Less preferred stock dividends | 0 | 0 | 0 | ||||||||
Net income available to common shareholders | 3,092 | 1,280 | 349 | ||||||||
Total assets | 101,893 | 58,502 | 101,893 | 58,502 | 14,229 | ||||||
Other intangible assets, net | 0 | 0 | 0 | 0 | 0 | ||||||
Goodwill | 0 | 0 | 0 | 0 | 0 | ||||||
SBA Division [Member] | |||||||||||
Segment Reporting Information [Line Items] | |||||||||||
Interest income | 3,273 | 2,308 | 1,917 | ||||||||
Interest expense | 471 | 242 | 197 | ||||||||
Net interest income | 2,802 | 2,066 | 1,720 | ||||||||
Provision for loan losses | 0 | 0 | 0 | ||||||||
Noninterest income | 5,473 | 4,885 | 2,137 | ||||||||
Noninterest expense: | |||||||||||
Salaries and employee benefits | 3,189 | 2,604 | 631 | ||||||||
Equipment and occupancy expenses | 194 | 81 | 56 | ||||||||
Data processing and telecommunications expenses | 8 | 18 | 9 | ||||||||
Other expenses | 522 | 749 | 214 | ||||||||
Total noninterest expense | 3,913 | 3,452 | 910 | ||||||||
Income before income tax expense | 4,362 | 3,499 | 2,947 | ||||||||
Income tax expense | 1,527 | 1,225 | 1,031 | ||||||||
Net income | 2,835 | 2,274 | 1,916 | ||||||||
Less preferred stock dividends | 0 | 0 | 0 | ||||||||
Net income available to common shareholders | 2,835 | 2,274 | 1,916 | ||||||||
Total assets | 74,272 | 62,484 | 74,272 | 62,484 | 38,268 | ||||||
Other intangible assets, net | 0 | 0 | 0 | 0 | 0 | ||||||
Goodwill | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 |