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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest income:      
Loans $ 279,931 $ 249,549 $ 170,588
Mortgage-backed securities 15,300 16,034 11,108
Debt securities, equity investments and other 13,563 11,071 7,133
Total interest income 308,794 276,654 188,829
Interest expense:      
Deposits 38,432 22,578 12,336
Borrowed funds 14,391 13,574 7,275
Total interest expense 52,823 36,152 19,611
Net interest income 255,971 240,502 169,218
Provision for loan losses 1,636 3,490 4,445
Net interest income after provision for loan losses 254,335 237,012 164,773
Other income:      
Bankcard services revenue 10,263 9,228 6,965
Net gain on sales of loans 16 668 100
Net unrealized gain (loss) on equity investments 267 (199) 0
Net loss from other real estate operations (330) (3,812) (874)
Income from Bank Owned Life Insurance 5,420 5,105 3,299
Other 5,927 2,131 374
Total other income 42,165 34,827 27,072
Operating expenses:      
Compensation and employee benefits 89,912 83,135 60,100
Occupancy 17,159 17,915 10,657
Equipment 7,719 8,319 6,769
Marketing 3,469 3,415 2,678
Federal deposit insurance and regulatory assessments 2,227 3,713 2,564
Data processing 14,814 13,286 8,849
Check card processing 5,956 4,209 3,561
Professional fees 9,338 4,963 3,995
Other operating expense 14,968 13,509 10,810
Amortization of core deposit intangible 4,027 3,811 2,039
Branch consolidation expenses 9,050 3,151 6,205
Merger related expenses 10,503 26,911 8,293
Total operating expenses 189,142 186,337 126,520
Income before provision for income taxes 107,358 85,502 65,325
Provision for income taxes 18,784 13,570 22,855
Net income $ 88,574 $ 71,932 $ 42,470
Basic earnings per share (in dollars per share) $ 1.77 $ 1.54 $ 1.32
Diluted earnings per share (in dollars per share) $ 1.75 $ 1.51 $ 1.28
Average basic shares outstanding (shares) 50,166 46,773 32,113
Average diluted shares outstanding (shares) 50,746 47,657 33,125
Trust and asset management revenue      
Other income:      
Trust and asset management revenue and fees and service charges $ 2,102 $ 2,245 $ 2,150
Fees and service charges      
Other income:      
Trust and asset management revenue and fees and service charges $ 18,500 $ 19,461 $ 15,058