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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
INTEREST INCOME:        
Loans, including fees $ 133,525 $ 128,445 $ 263,590 $ 244,691
Securities 53,944 55,577 109,592 110,034
Federal funds sold and other earning assets 318 299 720 614
Total interest income 187,787 184,321 373,902 355,339
INTEREST EXPENSE:        
Deposits 26,562 16,061 51,690 30,533
Other borrowings 5,556 6,046 10,873 9,019
Securities sold under repurchase agreements 831 411 1,590 761
Total interest expense 32,949 22,518 64,153 40,313
NET INTEREST INCOME 154,838 161,803 309,749 315,026
PROVISION FOR CREDIT LOSSES 800 4,000 1,500 13,000
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 154,038 157,803 308,249 302,026
NONINTEREST INCOME:        
Nonsufficient funds (NSF) fees 7,973 7,828 15,789 15,655
Credit card, debit card and ATM card income 6,480 6,335 12,451 12,296
Service charges on deposit accounts 4,989 5,150 9,987 10,425
Trust income 2,558 2,251 5,153 4,979
Mortgage income 990 1,109 1,712 1,872
Brokerage income 541 687 1,214 1,312
Gain (loss) on sale of assets 2 (44) 60 (44)
Net loss on sale of securities 0 (13) 0 (13)
Other 6,425 5,068 11,736 9,827
Total noninterest income 29,958 28,371 58,102 56,309
NONINTEREST EXPENSE:        
Salaries and employee benefits 52,941 53,360 104,014 103,759
Net occupancy and equipment 5,492 5,692 10,958 11,301
Credit and debit card, data processing and software amortization 4,904 4,356 9,477 8,804
Regulatory assessments and FDIC insurance 2,325 3,575 4,699 7,150
Core deposit intangibles amortization 1,265 1,501 2,584 3,069
Depreciation 3,111 3,054 6,215 6,087
Communications 2,183 2,606 4,453 5,186
Other real estate expense, net 66 93 (28) 304
Other 8,534 9,365 17,020 17,996
Total noninterest expense 80,821 83,602 159,392 163,656
INCOME BEFORE INCOME TAXES 103,175 102,572 206,959 194,679
PROVISION FOR INCOME TAXES 20,917 20,975 42,299 38,721
NET INCOME $ 82,258 $ 81,597 $ 164,660 $ 155,958
EARNINGS PER SHARE:        
Basic $ 1.18 $ 1.17 $ 2.36 $ 2.23
Diluted $ 1.18 $ 1.17 $ 2.36 $ 2.23