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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
INTEREST INCOME:      
Interest and fees on loans $ 393,871,000 $ 304,006,000 $ 278,128,000
Interest on securities:      
Taxable 54,131,000 38,365,000 32,858,000
Nontaxable 14,120,000 19,698,000 15,085,000
Interest on federal funds sold 0 42,000 12,000
Interest on interest bearing deposits in other financial institutions 3,698,000 1,547,000 396,000
TOTAL INTEREST INCOME 465,820,000 363,658,000 326,479,000
INTEREST EXPENSE:      
Interest on deposits 35,667,000 18,279,000 15,939,000
Interest on short-term borrowings 1,696,000 678,000 1,202,000
Interest on other borrowings (includes $179, $1,290 and $1,914 of interest expense related to derivatives reclassified from accumulated other comprehensive loss for the years ended December 31, 2018, 2017, and 2016, respectively) 14,503,000 14,393,000 14,672,000
TOTAL INTEREST EXPENSE 51,866,000 33,350,000 31,813,000
NET INTEREST INCOME 413,954,000 330,308,000 294,666,000
Provision for loan losses 24,013,000 15,563,000 11,694,000
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 389,941,000 314,745,000 282,972,000
NONINTEREST INCOME:      
Revenue from contract with customers 71,612,000 59,034,000 50,304,000
Loan servicing income 7,292,000 5,636,000 4,501,000
Securities gains, net (includes $1,085, $6,764, and $11,518 of net security gains reclassified from accumulated other comprehensive income for the years ended December 31, 2018, 2017, and 2016, respectively) 1,085,000 6,973,000 11,340,000
Unrealized gain on equity securities, net 212,000 0 0
Net gains on sale of loans held for sale 21,450,000 22,251,000 39,634,000
Valuation allowance on servicing rights (46,000) 21,000 (33,000)
Income on bank owned life insurance 2,793,000 2,772,000 2,275,000
Other noninterest income 4,762,000 5,335,000 5,580,000
TOTAL NONINTEREST INCOME 109,160,000 102,022,000 113,601,000
NONINTEREST EXPENSES:      
Salaries and employee benefits 196,118,000 171,407,000 163,547,000
Occupancy 25,328,000 22,244,000 20,398,000
Furniture and equipment 12,529,000 11,061,000 10,245,000
Professional fees 39,811,000 32,879,000 27,676,000
FDIC insurance assessments 3,699,000 3,595,000 4,185,000
Advertising 9,565,000 7,229,000 6,448,000
Core deposit intangibles and customer relationship intangibles amortization 9,355,000 6,077,000 5,630,000
Other real estate and loan collection expenses 3,038,000 2,461,000 2,443,000
Loss on sales/valuations of assets, net 2,208,000 2,475,000 1,478,000
Restructuring expenses 2,564,000 0 0
Other noninterest expenses 49,673,000 38,247,000 37,618,000
TOTAL NONINTEREST EXPENSES 353,888,000 297,675,000 279,668,000
Income (loss) before income taxes 145,213,000 119,092,000 116,905,000
Income taxes (includes $165, $2,042, and $3,582 of income tax expense reclassified from accumulated other comprehensive income (loss) for the years ended December 31, 2018, 2017, and 2016, respectively) 28,215,000 43,820,000 36,556,000
NET INCOME 116,998,000 75,272,000 80,349,000
Preferred dividends (39,000) (58,000) (292,000)
Interest expense on convertible preferred debt 0 12,000 51,000
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 116,959,000 $ 75,226,000 $ 80,108,000
EARNINGS PER COMMON SHARE - BASIC (in dollars per share) $ 3.54 $ 2.67 $ 3.26
EARNINGS PER COMMON SHARE - DILUTED (in dollars per share) 3.52 2.65 3.22
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.59 $ 0.51 $ 0.50
Service charges and fees      
NONINTEREST INCOME:      
Revenue from contract with customers $ 48,706,000 $ 39,183,000 $ 31,590,000
Trust fees      
NONINTEREST INCOME:      
Revenue from contract with customers 18,393,000 15,818,000 14,845,000
Brokerage and insurance commissions      
NONINTEREST INCOME:      
Revenue from contract with customers $ 4,513,000 $ 4,033,000 $ 3,869,000