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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Dec. 31, 2017
Mar. 31, 2017
INTEREST INCOME      
Loans $ 84,173 $ 80,122 $ 42,436
Investment securities and other interest-earning assets 6,654 5,562 2,991
Total interest income 90,827 85,684 45,427
INTEREST EXPENSE      
Deposits 5,914 4,597 2,135
FHLB advances and other borrowings 2,023 1,471 604
Subordinated debentures 1,609 1,446 985
Total interest expense 9,546 7,514 3,724
Net interest income before provision for loan losses 81,281 78,170 41,703
Provision for loan losses 2,253 2,185 2,502
Net interest income after provision for loan losses 79,028 75,985 39,201
NONINTEREST INCOME      
Loan servicing fees 345 145 221
Service charges on deposit accounts 1,150 1,121 341
Other service fee income 146 122 379
Debit card interchange fee income 1,036 1,050 67
Earnings on bank-owned life insurance 611 625 336
Net gain from sales of loans 2,958 3,331 2,811
Net gain (loss) from sales of investment securities 6 (252) 0
Other income 1,414 3,309 528
Total noninterest income 7,666 9,451 4,683
NONINTEREST EXPENSE      
Compensation and benefits 28,873 25,920 14,887
Premises and occupancy 4,781 4,540 2,453
Data processing 2,702 2,498 1,187
Other real estate owned operations, net 1 13 12
FDIC insurance premiums 611 499 455
Legal, audit and professional expense 1,839 1,924 857
Marketing expense 1,530 1,364 818
Office, telecommunications and postage expense 1,080 927 433
Loan expense 591 746 468
Deposit expense 1,676 1,478 1,444
Merger-related expense 936 5,436 4,946
CDI amortization 2,274 2,111 511
Other expense 2,914 2,439 1,276
Total noninterest expense 49,808 49,895 29,747
Net income before income taxes 36,886 35,541 14,137
Income tax 8,884 19,370 4,616
Net Income $ 28,002 $ 16,171 $ 9,521
EARNINGS PER SHARE      
Basic (in dollars per share) $ 0.61 $ 0.37 $ 0.35
Diluted (in dollars per share) $ 0.60 $ 0.36 $ 0.34
WEIGHTED AVERAGE SHARES OUTSTANDING      
Basic (in shares) 45,893,496 43,797,403 27,528,940
Diluted (in shares) 46,652,059 44,614,348 28,197,220