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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest income:    
Loans $ 56,598 $ 41,742
Mortgage-backed securities 3,685 2,660
Debt securities, equity investments and other 2,554 1,612
Total interest income 62,837 46,014
Interest expense:    
Deposits 4,464 2,781
Borrowed funds 2,662 1,750
Total interest expense 7,126 4,531
Net interest income 55,711 41,483
Provision for loan losses 1,371 700
Net interest income after provision for loan losses 54,340 40,783
Other income:    
Bankcard services revenue 1,919 1,579
Wealth management revenue 553 516
Fees and service charges 4,674 3,807
Net gain on sales of loans 617 42
Net unrealized loss on equity investments (138) 0
Net loss from other real estate operations (412) (733)
Income from Bank Owned Life Insurance 1,141 772
Other 556 12
Total other income 8,910 5,995
Operating expenses:    
Compensation and employee benefits 21,251 16,138
Occupancy 4,567 2,767
Equipment 1,903 1,698
Marketing 561 740
Federal deposit insurance 930 661
Data processing 3,176 2,396
Check card processing 989 953
Professional fees 1,283 960
Other operating expense 3,016 2,644
Amortization of core deposit intangible 832 524
Branch consolidation (income) expense (176) 33
Merger related expenses 18,486 1,447
Total operating expenses 56,818 30,961
Income before provision for income taxes 6,432 15,817
Provision for income taxes 1,005 3,799
Net income $ 5,427 $ 12,018
Basic earnings per share (in dollars per share) $ 0.12 $ 0.38
Diluted earnings per share (in dollars per share) $ 0.12 $ 0.36
Average basic shares outstanding (in usd per share) 43,880 31,901
Average diluted shares outstanding (in usd per share) 44,846 33,090