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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest and fees on loans      
Taxable $ 150,295 $ 124,830 $ 110,097
Tax exempt 729 462 464
Interest and dividends on securities      
Taxable 9,218 9,421 8,564
Tax exempt 5,102 3,885 3,355
Interest on short-term investments 354 353 59
Total interest income 165,698 138,951 122,539
Interest on deposits 27,026 18,944 15,415
Interest on borrowings      
Short-term 1,446 352 188
Long-term 1,334 1,174 1,009
Total interest expense 29,806 20,470 16,612
NET INTEREST INCOME 135,892 118,481 105,927
Provision for loan losses 3,000 1,150 0
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 132,892 117,331 105,927
NONINTEREST INCOME      
Wealth advisory fees 5,481 4,805 4,531
Investment brokerage fees 1,273 1,010 1,507
Service charges on deposit accounts 13,696 12,013 10,608
Loan and service fees 7,900 7,681 7,460
Merchant and interchange fee income 2,279 2,098 1,843
Bank owned life insurance income 1,768 1,392 1,338
Other income 2,598 2,213 2,974
Mortgage banking income 982 1,586 1,176
Net securities gains 32 66 42
Total noninterest income 36,009 32,864 31,479
NONINTEREST EXPENSE      
Salaries and employee benefits 45,510 41,934 38,923
Net occupancy expense 4,595 4,266 3,820
Equipment costs 4,629 3,850 3,598
Data processing fees and supplies 8,233 8,148 7,592
Corporate and business development 4,744 3,328 3,173
FDIC insurance and other regulatory fees 1,798 2,001 2,044
Professional fees 3,574 3,208 2,794
Other expense 6,184 6,243 6,262
Total noninterest expense 79,267 72,978 68,206
INCOME BEFORE INCOME TAX EXPENSE 89,634 77,217 69,200
Income tax expense 32,304 25,133 22,833
NET INCOME $ 57,330 $ 52,084 $ 46,367
BASIC WEIGHTED AVERAGE COMMON SHARES 25,181,208 25,056,095 24,926,354
BASIC EARNINGS PER COMMON SHARE $ 2.28 $ 2.08 $ 1.86
DILUTED WEIGHTED AVERAGE COMMON SHARES 25,663,381 25,460,727 25,245,569
DILUTED EARNINGS PER COMMON SHARE $ 2.23 $ 2.05 $ 1.84