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CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME/(LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Interest income        
Interest and fees on loans $ 57,322 $ 45,775 $ 160,677 $ 124,231
Interest on taxable securities 4,336 4,694 13,476 11,594
Interest on nontaxable securities 397 480 1,297 1,411
Interest on deposits in other banks and federal funds sold 155 246 659 556
Total interest income 62,210 51,195 176,109 137,792
Interest expense        
Interest on deposits 3,074 2,521 8,730 7,065
Interest on other borrowings 2,069 1,275 5,287 3,808
Total interest expense 5,143 3,796 14,017 10,873
Net interest income 57,067 47,399 162,092 126,919
Provision for loan losses 811 986 2,381 4,711
Net interest income after provision for loan losses 56,256 46,413 159,711 122,208
Noninterest income        
Service charges on deposit accounts 11,358 10,766 31,709 24,346
Mortgage banking activity 14,067 10,404 38,420 28,214
Other service charges, commissions and fees 791 1,145 2,869 2,642
Gain on sale of securities 0 115 94 137
Other noninterest income 2,648 2,548 8,437 7,840
Total noninterest income 28,864 24,978 81,529 63,179
Noninterest expense        
Salaries and employee benefits 27,982 24,934 81,700 68,031
Occupancy and equipment expense 5,989 5,915 18,060 15,278
Advertising and marketing expense 1,249 667 2,908 2,141
Amortization of intangible assets 993 1,321 3,332 2,581
Data processing and communications costs 6,185 5,329 18,347 13,803
Credit resolution-related expenses 1,526 1,083 5,089 15,484
Merger and conversion charges 0 446 6,359 6,173
Other noninterest expenses 9,275 8,701 25,363 22,596
Total noninterest expense 53,199 48,396 161,158 146,087
Income before income tax expense 31,921 22,995 80,082 39,300
Income tax expense 10,364 7,368 26,159 12,601
Net income 21,557 15,627 53,923 26,699
Other comprehensive income (loss)        
Unrealized holding gains (losses) arising during period on investment securities available for sale, net of tax (benefit) of ($1,481), $936, $4,160 and ($615) (2,752) 1,739 7,724 (1,143)
Reclassification adjustment for gains included in earnings, net of tax of $0, $40, $33 and $48 0 (75) (61) (89)
Unrealized gains (losses) on cash flow hedges arising during period, net of tax (benefit) of $130, ($290), ($306) and ($360) 241 (539) (567) (669)
Other comprehensive income (loss) (2,511) 1,125 7,096 (1,901)
Total comprehensive income (loss) $ 19,046 $ 16,752 $ 61,019 $ 24,798
Basic earnings per common share $ 0.62 $ 0.49 $ 1.58 $ 0.84
Diluted earnings per common share 0.61 0.48 1.56 0.84
Dividends declared per common share $ 0.1 $ 0.05 $ 0.2 $ 0.15
Weighted average common shares outstanding        
Basic 34,870 32,195 34,156 31,614
Diluted 35,195 32,553 34,470 31,962