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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest on securities      
Taxable $ 26,133 $ 20,341 $ 15,448
Nontaxable 1,036 585 211
Interest and fees on loans 119,217 94,469 63,586
Interest on federal funds sold and interest bearing deposits 1,669 1,022 1,017
Total interest income 148,055 116,417 80,262
INTEREST EXPENSE      
Interest on savings deposits 2,593 2,085 864
Interest on time certificates 2,074 1,228 1,538
Interest on federal funds purchased and other short term borrowings 484 340 260
Interest on Federal Home Loan Bank borrowings 1,256 1,643 1,640
Interest on subordinated debt 2,060 1,634 1,053
Total interest expense 8,467 6,930 5,355
NET INTEREST INCOME 139,588 109,487 74,907
Provision (recapture) for loan losses 2,411 2,644 (3,486)
NET INTEREST INCOME AFTER PROVISION (RECAPTURE) FOR LOAN LOSSES 137,177 106,843 78,393
NONINTEREST INCOME (Note M)      
Bargain purchase gain 0 416 0
Securities gains, net (includes net losses of $617, $325, and $110 in other comprehensive income reclassifications for 2016, 2015, and 2014 respectively) 368 161 469
Other 37,427 32,018 24,744
Total noninterest income 37,795 32,595 25,213
NONINTEREST EXPENSE (Note M) 130,881 103,770 93,366
INCOME BEFORE INCOME TAXES 44,091 35,668 10,240
Income taxes 14,889 13,527 4,544
NET INCOME $ 29,202 $ 22,141 $ 5,696
Net income per share of common stock      
Diluted (in dollars per share) $ 0.78 $ 0.66 $ 0.21
Basic (in dollars per share) $ 0.79 $ 0.66 $ 0.21
Average common shares outstanding      
Diluted (in shares) 37,508,046 33,744,171 27,716,895
Basic (in shares) 36,872,007 33,495,827 27,538,955