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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest income:    
Real estate secured loans $ 46,011 $ 44,233
Commercial loans 16,820 14,952
Consumer loans 5,014 5,636
Securities available for sale and Federal Home Loan Bank Stock 6,563 5,780
Investment securities held to maturity 3,248 3,331
Deposits, Federal funds sold and other short-term investments 257 42
Total interest income 77,913 73,974
Interest expense:    
Deposits 4,452 3,821
Borrowed funds 6,426 7,084
Total interest expense 10,878 10,905
Net interest income 67,035 63,069
Provision for loan losses 1,500 1,500
Net interest income after provision for loan losses 65,535 61,569
Non-interest income:    
Fees 6,005 6,461
Wealth management income 4,213 4,311
Bank-owned life insurance 1,389 1,332
Net gain on securities transactions 0 96
Other income 858 818
Total non-interest income 12,465 13,018
Non-interest expense:    
Compensation and employee benefits 26,848 26,030
Net occupancy expense 6,955 6,434
Data processing expense 3,457 3,245
FDIC insurance 1,099 1,322
Amortization of intangibles 752 1,005
Advertising and promotion expense 857 879
Other operating expenses 6,156 5,963
Total non-interest expense 46,124 44,878
Income before income tax expense 31,876 29,709
Income tax expense 8,368 8,736
Net income $ 23,508 $ 20,973
Basic earnings per share (usd per share) $ 0.37 $ 0.33
Weighted average basic shares outstanding (in shares) 64,167,376 63,351,093
Diluted earnings per share (usd per share) $ 0.37 $ 0.33
Weighted average diluted shares outstanding (in shares) 64,369,605 63,519,755