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Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Loans including fees:        
Taxable $ 125,468 $ 97,685 $ 368,467 $ 282,075
Nontaxable 4,075 3,373 11,933 9,788
Investment securities:        
Taxable 19,391 15,330 56,562 46,516
Nontaxable 6,295 7,052 19,502 21,652
Money market and other interest-earning investments 140 85 347 171
Total interest income 155,369 123,525 456,811 360,202
Interest Expense        
Deposits 11,189 5,125 27,583 14,232
Federal funds purchased and interbank borrowings 1,191 655 2,855 1,433
Securities sold under agreements to repurchase 535 280 1,328 870
Federal Home Loan Bank advances 8,880 6,618 25,484 17,947
Other borrowings 2,732 2,369 8,184 7,108
Total interest expense 24,527 15,047 65,434 41,590
Net interest income 130,842 108,478 391,377 318,612
Provision for loan losses 750 311 3,576 2,013
Net interest income after provision for loan losses 130,092 108,167 387,801 316,599
Noninterest Income        
Wealth management fees 9,022 8,837 27,794 27,515
Service charges on deposit accounts 11,028 10,535 32,552 30,418
Debit card and ATM fees 4,706 4,248 14,651 12,920
Mortgage banking revenue 4,348 5,104 13,729 14,516
Investment product fees 5,073 5,193 15,170 15,186
Capital markets income 2,700 1,843 4,094 5,621
Company-owned life insurance 2,958 2,022 7,993 6,288
Net securities gains (losses) 135 2,972 2,417 7,547
Recognition of deferred gain on sale leaseback transactions 394 537 1,183 1,612
Other income 5,593 5,075 17,568 16,934
Total noninterest income 45,957 46,366 137,151 138,557
Noninterest Expense        
Salaries and employee benefits 63,158 57,783 193,929 171,953
Occupancy 12,578 11,670 38,731 34,343
Equipment 3,652 3,485 10,945 10,062
Marketing 3,406 2,646 11,065 9,369
Data processing 8,628 7,696 26,752 23,530
Communication 2,473 2,163 8,309 6,865
Professional fees 3,235 4,589 8,888 11,317
Loan expenses 1,564 1,542 5,151 4,866
Supplies 707 547 2,332 1,720
FDIC assessment 2,722 2,197 8,528 6,814
Other real estate owned expense 157 511 702 2,635
Amortization of intangibles 3,283 2,641 10,308 8,442
Amortization of tax credit investments 9,233   21,807  
Other expense 4,580 6,232 19,546 16,488
Total noninterest expense 119,376 103,702 366,993 308,404
Income before income taxes 56,673 50,831 157,959 146,752
Income tax expense 5,325 11,459 14,627 32,534
Net income $ 51,348 $ 39,372 $ 143,332 $ 114,218
Net income per common share - basic $ 0.34 $ 0.30 $ 0.95 $ 0.85
Net income per common share - diluted $ 0.34 $ 0.29 $ 0.94 $ 0.84
Weighted average number of common shares outstanding - basic 151,930 135,120 151,844 135,040
Weighted average number of common shares outstanding - diluted 152,784 135,796 152,616 135,693
Dividends per common share $ 0.13 $ 0.13 $ 0.39 $ 0.39