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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
INTEREST INCOME      
Loans $ 485,663 $ 415,410 $ 251,027
Investment securities and other interest-earning assets 40,444 33,013 18,978
Total interest income 526,107 448,423 270,005
INTEREST EXPENSE      
Deposits 58,297 37,653 13,371
FHLB advances and other borrowings 9,829 11,343 4,411
Subordinated debentures 10,680 6,716 4,721
Total interest expense 78,806 55,712 22,503
Net interest income before provision for credit losses 447,301 392,711 247,502
Provision for credit losses 5,719 8,253 8,432
Net interest income after provision for credit losses 441,582 384,458 239,070
NONINTEREST INCOME      
Loan servicing fees 1,840 1,445 787
Earnings on bank-owned life insurance 3,486 3,427 2,279
Net gain from sales of loans 6,642 10,759 12,468
Net gain from sales of investment securities 8,571 1,399 2,737
Other income 4,486 3,641 5,680
Total noninterest income 35,236 31,027 31,114
NONINTEREST EXPENSE      
Compensation and benefits 139,187 129,886 84,138
Premises and occupancy 30,758 24,544 14,742
Data processing 12,301 13,412 8,206
Other real estate owned operations, net 160 4 72
FDIC insurance premiums 764 3,002 2,151
Legal, audit and professional expense 12,869 10,040 6,101
Marketing expense 6,402 6,151 4,436
Office, telecommunications and postage expense 4,826 5,312 3,117
Loan expense 4,079 3,370 3,299
Deposit expense 15,266 9,916 6,240
Merger-related expense 656 18,454 21,002
CDI amortization 17,245 13,594 6,144
Other expense 14,552 12,220 8,310
Total noninterest expense 259,065 249,905 167,958
INCOME BEFORE INCOME TAXES 217,753 165,580 102,226
Income tax 58,035 42,240 42,126
NET INCOME $ 159,718 $ 123,340 $ 60,100
EARNINGS PER SHARE      
Basic (in dollars per share) $ 2.62 $ 2.29 $ 1.59
Diluted (in dollars per share) $ 2.60 $ 2.26 $ 1.56
WEIGHTED AVERAGE SHARES OUTSTANDING      
Basic (in shares) 60,339,714 53,963,047 37,705,556
Diluted (in shares) 60,692,281 54,613,057 38,511,261
Service charges on deposit accounts      
NONINTEREST INCOME      
Noninterest income $ 5,769 $ 5,128 $ 3,273
Other service fee income      
NONINTEREST INCOME      
Noninterest income 1,438 902 1,847
Debit card interchange fee income      
NONINTEREST INCOME      
Noninterest income $ 3,004 $ 4,326 $ 2,043