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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest and dividend income      
Loans, including fees $ 296,996 $ 241,556 $ 180,761
Securities 79,527 20,263 5,158
Other interest-earning assets 8,449 4,519 2,220
Total interest and dividend income 384,972 266,338 188,139
Interest expense      
Deposits 40,220 25,783 24,411
Federal Home Loan Bank advances 5,717 2,120 527
Securities sold under repurchase agreements 818 18 1
Notes payable and other interest-bearing liabilities 12,744 14,700 7,923
Total interest expense 59,499 42,621 32,862
Net interest income 325,473 223,717 155,277
Provision for loan and lease losses 5,271 7,469 10,976
Net interest income after provision for loan and lease losses 320,202 216,248 144,301
Noninterest income      
Customer service fees 5,147 4,057 1,490
Loan servicing income 5,385 2,974 4,199
Income from bank owned life insurance 2,341 1,076 224
Net gain on sale of securities available-for-sale 29,405 3,258 1,183
Net gain on sale of loans 35,895 37,211 19,828
Net revenue on mortgage banking activities 167,024 144,685 95,430
Advisory service fees 1,507 9,868 12,904
Loan brokerage income 4,519 3,140 8,674
Gain on sale of building 0 9,919 0
Gain on sale of branches 0 163 456
Gain on sale of subsidiary 3,694 0 0
Gain on sale of business unit 2,629 0 0
Other income 14,334 3,868 1,249
Total noninterest income 271,880 220,219 145,637
Noninterest expense      
Salaries and employee benefits 257,918 213,114 162,879
Occupancy and equipment 49,018 41,405 33,443
Professional fees 31,293 20,193 19,247
Outside service fees 13,052 8,831 6,372
Data processing 10,833 8,184 5,231
Advertising 10,740 6,156 5,016
Regulatory assessments 8,186 5,644 4,182
Loss on investments in alternative energy partnerships, net 31,510 0 0
Provision (reversal) for loan repurchases (3,352) 2,326 2,808
Amortization of intangible assets 4,851 5,836 4,079
Impairment on intangible assets 690 258 48
All other expense 27,937 20,254 20,167
Total noninterest expense 442,676 332,201 263,472
Income before income taxes 149,406 104,266 26,466
Income tax expense (benefit) 33,990 42,194 (3,739)
Net income 115,416 62,072 30,205
Preferred stock dividends 19,914 9,823 3,640
Net income available to common stockholders $ 95,502 $ 52,249 $ 26,565
Basic earnings per common share (in usd per share) $ 1.97 $ 1.36 $ 0.91
Diluted earnings per common share (in usd per share) $ 1.94 $ 1.34 $ 0.90
Class A Common Stock      
Noninterest expense      
Net income $ 115,097 $ 62,050 $ 29,559
Preferred stock dividends $ 19,859 $ 9,820 $ 3,562
Basic earnings per common share (in usd per share) $ 1.97 $ 1.36 $ 0.91
Diluted earnings per common share (in usd per share) $ 1.94 $ 1.34 $ 0.90
Class B Common Stock      
Noninterest expense      
Net income $ 319 $ 22 $ 646
Preferred stock dividends $ 55 $ 3 $ 78
Basic earnings per common share (in usd per share) $ 1.97 $ 1.36 $ 0.91
Diluted earnings per common share (in usd per share) $ 1.97 $ 1.36 $ 0.91