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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest Income:        
Interest and fees on loans $ 70,672 $ 42,747 $ 138,264 $ 82,970
Interest on loans held for sale 279 72 647 154
Interest on deposits with banks 514 91 871 181
Interest and dividends on investment securities:        
Taxable 5,083 3,554 10,185 7,162
Exempt from federal income taxes 2,042 2,106 4,114 4,057
Interest on federal funds sold 7 6 20 10
Total interest income 78,597 48,576 154,101 94,534
Interest Expense:        
Interest on deposits 8,851 3,023 15,810 5,511
Interest on retail repurchase agreements and federal funds purchased 108 79 216 155
Interest on advances from FHLB 5,338 3,148 10,416 6,277
Interest on subordinated debt 482 0 950 12
Total interest expense 14,779 6,250 27,392 11,955
Net interest income 63,818 42,326 126,709 82,579
Provision for loan losses 1,733 1,322 3,730 1,516
Net interest income after provision for loan losses 62,085 41,004 122,979 81,063
Non-interest Income:        
Investment securities gains 0 1,273 63 1,275
Service charges on deposit accounts 2,290 2,017 4,549 3,981
Mortgage banking activities 2,064 840 4,271 1,448
Wealth management income 5,387 4,744 10,448 9,228
Insurance agency commissions 1,180 1,222 3,004 2,974
Income from bank owned life insurance 670 605 3,001 1,199
Bank card fees 1,393 1,253 2,763 2,398
Other income 1,884 1,617 3,887 3,700
Total non-interest income 14,868 13,571 31,986 26,203
Non-interest Expenses:        
Salaries and employee benefits 24,664 18,282 48,576 36,083
Occupancy expense of premises 4,642 3,211 9,584 6,613
Equipment expenses 2,243 1,767 4,468 3,491
Marketing 945 776 2,093 1,439
Outside data services 1,707 1,367 3,104 2,759
FDIC insurance 1,390 823 2,583 1,628
Amortization of intangible assets 541 25 1,082 51
Merger expenses 2,228 987 11,186 987
Other Expense 6,722 5,630 12,047 9,798
Total non-interest expenses 45,082 32,868 94,723 62,849
Income before income taxes 31,871 21,707 60,242 44,417
Income tax expense 7,472 6,966 14,178 14,564
Net income $ 24,399 $ 14,741 $ 46,064 $ 29,853
Per share information:        
Basic net income per share $ 0.68 $ 0.61 $ 1.29 $ 1.24
Diluted net income per share 0.68 0.61 1.29 1.23
Dividends declared per common share $ 0.28 $ 0.26 $ 0.54 $ 0.52