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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income:      
Interest and fees on loans $ 125,493 $ 77,669 $ 40,132
Interest and dividends on investment securities:      
Taxable 10,665 12,024 12,189
Nontaxable 3,550 3,740 4,422
Dividends 1,081 636 523
Interest on federal funds sold and other short-term investment 178 138 2
Total interest income 140,967 94,207 57,268
Interest expense:      
Deposits 13,756 8,260 5,219
Borrowings 10,058 6,548 5,863
Total interest expense 23,814 14,808 11,082
Net interest income 117,153 79,399 46,186
Provision for loan and lease losses 12,605 4,683 350
Net interest income after provision for loan and lease losses 104,548 74,716 45,836
Noninterest income:      
Annuity and insurance 242 382 489
Bank-owned life insurance commissions 1,782 1,303 1,364
Net gains on sale of loans held for sale 327 182 294
Deposit, loan and other income 2,667 $ 2,813 $ 2,993
Insurance recovery $ 2,224
Total other-than-temporary impairment losses $ (652)
Net gains on sale of investment securities $ 3,931 $ 2,818 2,363
Net investment securities gains 3,931 2,818 1,711
Total noninterest income 11,173 7,498 6,851
Noninterest expense:      
Salaries and employee benefits 27,685 18,829 13,465
Occupancy and equipment 7,587 5,312 3,518
FDIC insurance 2,110 1,618 1,098
Professional and consulting 2,951 1,661 1,111
Marketing and advertising 847 498 304
Data processing $ 3,703 2,575 $ 1,422
Merger-related expenses 12,388
Loss on extinguishment of debt $ 2,397 4,550
Amortization of core deposit intangible $ 917 506 $ 30
Charge due to wire fraud 2,374
Other expenses $ 6,287 4,493 $ 4,330
Total noninterest expenses 54,484 54,804 25,278
Income before income tax expense 61,237 27,410 27,409
Income tax expense 19,926 8,845 7,484
Net income 41,311 18,565 19,925
Less: Preferred stock dividends 112 112 141
Net income available to common stockholders $ 41,199 $ 18,453 $ 19,784
Earnings per common share:      
Basic (in Dollars per share) $ 1.38 $ 0.80 $ 1.21
Diluted (in Dollars per share) $ 1.36 $ 0.79 $ 1.21
Weighted average common shares outstanding:      
Basic (in Shares) 29,938,458 23,029,813 16,349,204
Diluted (in Shares) 30,283,966 23,479,074 16,385,692
Dividend per common share (in Dollars per share) $ 0.3 $ 0.3 $ 0.28