Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2020

Accounting Policies [Abstract]

Summary of Computation of Basic and Diluted Earnings Per Share

The following table shows computation of basic and diluted earnings per share.

	Three Months Ended				Nine Months Ended
	September 30				September 30
	2020		2019		2020		2019
Basic earnings per share
Net income	$	20,312	$	20,537	$	46,606	$	47,995
Weighted average common shares outstanding	43,862,435		45,038,021		44,099,862		42,995,082
Basic earnings per share	$	0.46	$	0.46	$	1.06	$	1.12
Diluted earnings per share
Net income	$	20,312	$	20,537	$	46,606	$	47,995
Weighted average common shares outstanding	43,862,435		45,038,021		44,099,862		42,995,082
Effect of dilutive securities:
Restricted stock	8,246		—		32,574		—
Stock options	33,200		75,709		33,214		75,013
Weighted average common shares outstanding	43,903,881		45,113,730		44,165,650		43,070,095
Diluted earnings per share	$	0.46	$	0.46	$	1.06	$	1.11

Schedule of Impact of ASC 326

The following table illustrates the impact of ASC 326.

	January 1, 2020
	As Reported Under ASC 326		Pre-ASC 326 Adoption		Impact of ASC 326 Adoption
Loans
Commercial	$	25,614	$	11,996	$	13,618
Real estate	4,971		923		4,048
Mortgage warehouse	1,077		1,077		—
Consumer	8,582		3,671		4,911
Allowance for credit losses on loans	$	40,244	$	17,667	$	22,577