Nature of Operations and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Computation of Basic and Diluted Earnings Per Share

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

	Years Ended December 31
	2020		2019		2018
Basic earnings per share
Net income	$	68,499	$	66,538	$	53,117
Weighted average common shares outstanding(1)	44,044,737		43,493,316		38,347,059
Basic earnings per share	$	1.56	$	1.53	$	1.39
Diluted earnings per share
Net income available to common shareholders	$	68,499	$	66,538	$	53,117
Weighted average common shares outstanding(1)	44,044,737		43,493,316		38,347,059
Effect of dilutive securities:
Restricted stock	41,817		23,006		36,185
Stock options	36,522		81,273		111,987
Weighted average common shares outstanding	44,123,076		43,597,595		38,495,231
Diluted earnings per share	$	1.55	$	1.53	$	1.38

(1)Adjusted for 3:2 stock split on June 15, 2018

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

Accounting policies stated in Note 1 reflect the adoption of Topic 326 as it relates to investment securities, loans and off–balance sheet credit exposures as of January 1, 2020. Disclosures related to the accounting guidance prior to the adoption of Topic 326 can be found in Form 10–K for the year ended December 31, 2019.