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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
INTEREST INCOME        
Loans, including fees $ 70,990 $ 65,604 $ 139,720 $ 128,523
Securities:        
Taxable 3,855 1,956 8,190 3,854
Tax-exempt 118 162 244 333
Federal funds sold   95 2 199
Interest-bearing deposits with banks 8,135 7,325 15,883 13,107
Total interest income 83,098 75,142 164,039 146,016
INTEREST EXPENSE        
Deposits 13,802 9,710 27,339 16,979
Short-term borrowings 12 8 22 43
Junior subordinated debentures 492 544 983 1,079
Total interest expense 14,306 10,262 28,344 18,101
Net interest income 68,792 64,880 135,695 127,915
Provision for loan losses 2,433 1,225 4,117 1,539
Net interest income after provision for loan losses 66,359 63,655 131,578 126,376
NONINTEREST INCOME        
Securities transactions (includes no accumulated other comprehensive income reclassifications) 821 115 821 101
Income from sales of loans 868 802 1,566 1,453
Insurance commissions 4,420 3,927 9,685 9,126
Cash management 4,402 3,381 8,178 6,402
(Loss)/gain on sale of other assets (7) 127 (11) 153
Other 1,209 1,152 2,635 2,597
Total noninterest income 34,077 30,437 66,078 60,547
NONINTEREST EXPENSE        
Salaries and employee benefits 36,124 34,776 72,295 68,966
Occupancy, net 2,953 3,396 5,580 6,798
Depreciation 3,015 2,429 6,000 4,839
Amortization of intangible assets 758 759 1,517 1,492
Data processing services 1,262 1,195 2,742 2,398
Net expense/(income) from other real estate owned 97 19 (387) 45
Marketing and business promotion 1,919 1,649 4,180 4,001
Deposit insurance 544 640 1,077 1,259
Other 9,936 9,393 19,810 20,348
Total noninterest expense 56,608 54,256 112,814 110,146
Income before taxes 43,828 39,836 84,842 76,777
Income tax expense 9,661 9,250 18,838 16,571
Net income $ 34,167 $ 30,586 $ 66,004 $ 60,206
NET INCOME PER COMMON SHARE        
Basic $ 1.04 $ 0.93 $ 2.02 $ 1.84
Diluted $ 1.02 $ 0.91 $ 1.98 $ 1.80
OTHER COMPREHENSIVE GAIN/(LOSS)        
Unrealized gains/(losses) on securities, net of tax of $(1,112), $179, $(1,980) and $653, respectively $ 3,254 $ (541) $ 5,794 $ (1,929)
Other comprehensive gains/(losses), net of tax of $(1,112), $179, $(1,980) and $653, respectively 3,254 (541) 5,794 (1,929)
Comprehensive income 37,421 30,045 71,798 58,277
Trust Revenue [Member]        
NONINTEREST INCOME        
Revenue 3,250 3,396 6,427 6,525
Service Charges on Deposits [Member]        
NONINTEREST INCOME        
Revenue $ 19,114 $ 17,537 $ 36,777 $ 34,190