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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest income:    
Loans receivable $ 54,472 $ 43,093
Loans held for sale 14,106 10,900
Investment securities 3,709 2,363
Other 1,111 2,362
Total interest income 73,398 58,718
Interest expense:    
Deposits 10,212 7,526
Other borrowings 1,606 1,488
FHLB advances 2,268 1,689
Subordinated debt 1,685 1,685
Total interest expense 15,771 12,388
Net interest income 57,627 46,330
Provision for loan losses 1,980 2,964
Net interest income after provision for loan losses 55,647 43,366
Non-interest income:    
Mortgage warehouse transactional fees 2,548 2,273
Bank-owned life insurance 1,123 1,061
Gain on sale of loans 644 1,231
Deposit fees 255 179
Mortgage loans and banking income 165 151
Gain on sale of investment securities 26 0
Other 733 838
Total non-interest income 5,494 5,733
Non-interest expense:    
Salaries and employee benefits 17,332 13,952
FDIC assessments, taxes, and regulatory fees 4,030 3,278
Professional services 2,657 1,913
Technology, communication and bank operations 2,643 2,531
Occupancy 2,325 2,101
Loan workout 418 269
Other real estate owned 287 884
Advertising and promotion 256 347
Other 3,957 2,190
Total non-interest expense 33,905 27,465
Income before income tax expense 27,236 21,634
Income tax expense 9,537 7,682
Net income 17,699 13,952
Preferred stock dividends 1,286 0
Net income available to common shareholders $ 16,413 $ 13,952
Basic earnings per common share (usd per share) $ 0.61 $ 0.52
Diluted earnings per common share (usd per share) $ 0.57 $ 0.49