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CONSOLIDATED CONDENSED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Loans receivable:    
Taxable $ 90,481 $ 78,267
Tax exempt 4,153 3,596
Investment securities:    
Taxable 6,095 5,096
Tax exempt 6,871 6,126
Deposits with financial institutions 875 131
Federal Home Loan Bank stock 338 404
Total Interest Income 108,813 93,620
INTEREST EXPENSE    
Deposits 19,594 9,002
Federal funds purchased 93 380
Securities sold under repurchase agreements 330 173
Federal Home Loan Bank advances 1,814 2,159
Subordinated debentures and term loans 2,116 1,990
Total Interest Expense 23,947 13,704
NET INTEREST INCOME 84,866 79,916
Provision for loan losses 1,200 2,500
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 83,666 77,416
OTHER INCOME    
Increase in cash surrender value of life insurance 989 1,078
Gains on life insurance benefits 0 98
Net gains and fees on sales of loans 1,295 1,821
Net realized gains on sales of available for sale securities 1,140 1,609
Other income 330 504
Total Other Income 18,713 19,561
OTHER EXPENSES    
Salaries and employee benefits 33,028 32,226
Net occupancy 5,027 4,670
Equipment 3,642 3,668
Marketing 1,074 884
Outside data processing fees 3,684 2,964
Printing and office supplies 315 334
Intangible asset amortization 1,528 1,726
FDIC assessments 707 719
Other real estate owned and foreclosure expenses 1,165 402
Professional and other outside services 1,884 1,541
Other expenses 4,567 4,553
Total Other Expenses 56,621 53,687
INCOME BEFORE INCOME TAX 45,758 43,290
Income tax expense 6,941 6,611
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 38,817 $ 36,679
Per Share Data:    
Basic Net Income Available to Common Stockholders (in dollars per share) $ 0.79 $ 0.75
Diluted Net Income Available to Common Stockholders (in dollars per share) 0.78 0.74
Cash Dividends Paid (in dollars per share) $ 0.22 $ 0.18
Average Diluted Shares Outstanding (in shares) 49,540,844 49,427,972
Service charges on deposit accounts    
OTHER INCOME    
Other income $ 5,095 $ 4,777
Fiduciary and wealth management fees    
OTHER INCOME    
Other income 3,818 3,796
Card payment fees    
OTHER INCOME    
Other income 4,826 4,594
Other customer fees    
OTHER INCOME    
Other income 439 442
Derivative hedge income    
OTHER INCOME    
Other income $ 781 $ 842