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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest income:      
Interest and fees on loans $ 105,772 $ 82,670 $ 61,952
Taxable 13,070 11,708 9,288
Exempt from federal income tax 5,167 4,774 3,726
Interest on certificates of deposit investments 66 50 295
Interest on federal funds sold 8 62 40
Interest on deposits with other financial institutions 482 291 195
Total interest income 124,565 99,555 75,496
Interest expense:      
Interest on deposits 8,571 3,995 2,713
Interest on securities sold under agreements to repurchase 330 181 96
Interest on FHLB borrowings 2,071 883 630
Interest on other borrowings 446 496 181
Interest on subordinated debentures 1,409 927 672
Total interest expense 12,827 6,482 4,292
Net interest income 111,738 93,073 71,204
Provision for loan losses 8,667 7,462 2,826
Net interest income after provision for loan losses 103,071 85,611 68,378
Other income:      
Trust revenues 5,786 3,744 3,517
Brokerage commissions 2,674 2,161 1,908
Insurance commissions 5,592 3,872 3,452
Service charges 7,435 6,920 6,791
Securities gains, net 901 616 1,192
Mortgage banking revenue, net 1,205 1,184 1,172
ATM / debit card revenue 7,487 6,495 6,004
Bank owned life insurance 1,389 1,638 671
Other income (2,945) (3,706) (2,205)
Total other income 35,414 30,336 26,912
Other expense:      
Salaries and employee benefits 46,803 39,756 32,354
Net occupancy and equipment expense 14,533 12,596 11,418
Net other real estate owned expense 282 560 60
Amortization of intangible assets 1,059 905 966
Amortization of intangible assets 3,215 2,153 1,909
Stationery and supplies 963 724 815
Legal and professional 5,243 3,887 3,035
Marketing and donations 1,794 1,356 1,845
ATM / debit card expense 2,971 2,393 1,994
Other expense 13,117 9,891 7,114
Total other expense 89,980 74,221 61,510
Income before income taxes 48,505 41,726 33,780
Income taxes 11,905 15,042 11,940
Net income 36,600 26,684 21,840
Dividends on preferred shares 0 0 825
Net income available to common stockholders $ 36,600 $ 26,684 $ 21,015
Per share data:      
Basic net income per common share available to common stockholders $ 2.53 $ 2.13 $ 2.07
Diluted earnings per common share 2.52 2.13 2.05
Cash dividends declared per common share $ 0.70 $ 0.66 $ 0.62