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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Interest income:        
Interest and fees on loans $ 34,442 $ 30,626 $ 101,233 $ 90,109
Interest on debt securities:        
Taxable 2,410 2,176 7,194 6,434
Nontaxable 322 298 982 880
Interest on interest-bearing deposits 67 68 186 153
Dividends on equity securities 52 12 191 107
Total interest income 37,293 33,180 109,786 97,683
Interest expense:        
Interest-bearing transaction accounts 332 293 967 849
Money market accounts 1,143 822 3,162 2,136
Savings accounts 68 58 191 162
Interest Expense, Time Deposits 1,319 1,543 3,521 4,728
Subordinated debentures 369 314 1,078 924
Federal Home Loan Bank advances 126 9 499 82
Notes payable and other borrowings 106 135 327 471
Total interest expense 3,463 3,174 9,745 9,352
Net interest income 33,830 30,006 100,041 88,331
Provision for portfolio loan losses 3,038 599 4,587 4,329
Provision reversal for purchased credit impaired loan losses (1,194) (227) (1,603) (3,497)
Net interest income after provision for loan losses 31,986 29,634 97,057 87,499
Noninterest income:        
Service charges on deposit accounts 2,200 2,044 6,431 5,898
Wealth management revenue 1,694 1,773 5,000 5,291
Other service charges and fee income 1,007 871 2,827 2,464
Gain on state tax credits, net 228 321 899 1,069
Gain on sale of other real estate (226) 32 602 61
Gain on sale of investment securities 86 0 86 23
Change in FDIC loss share receivable 0 (1,241) 0 (4,450)
Miscellaneous income 1,987 929 4,185 3,762
Total noninterest income 6,976 4,729 20,030 14,118
Noninterest expense:        
Employee compensation and benefits 12,091 11,475 37,398 34,262
Occupancy 1,705 1,605 4,997 4,920
Data processing 1,150 1,138 3,441 3,295
FDIC and other insurance 780 654 2,241 2,045
Professional fees 757 800 2,160 2,626
Loan legal and other real estate expense 416 530 1,126 1,356
FHLB prepayment penalty 0 298 0 760
Other 3,915 3,432 11,566 10,076
Total noninterest expense 20,814 19,932 62,929 59,340
Income before income tax expense 18,148 14,431 54,158 42,277
Income tax expense 6,316 4,722 18,949 14,506
Net income $ 11,832 $ 9,709 $ 35,209 $ 27,771
Earnings per common share        
Basic (usd per share) $ 0.59 $ 0.49 $ 1.76 $ 1.39
Diluted (usd per share) $ 0.59 $ 0.48 $ 1.74 $ 1.37