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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Interest and dividend income        
Loans $ 103,435 $ 93,749 $ 306,253 $ 269,137
Taxable securities 6,238 5,826 18,170 17,600
Nontaxable securities 269 61 710 85
Dividends on securities 296 396 839 832
Federal funds sold and other 163 157 728 326
Total interest and dividend income 110,401 100,189 326,700 287,980
Interest expense        
Deposits 9,478 6,451 24,596 18,145
Securities sold under agreements to repurchase 86 124 298 395
FHLB advances and other borrowings 994 986 3,735 2,831
Subordinated debentures and subordinated notes payable 1,113 976 3,299 2,662
Total interest expense 11,671 8,537 31,928 24,033
Net interest income 98,730 91,652 294,772 263,947
Provision for loan and lease losses 5,796 5,372 16,854 11,892
Net interest income after provision for loan and lease losses 92,934 86,280 277,918 252,055
Noninterest income        
Service charges and other fees 12,730 12,316 36,735 33,098
Wealth management fees 2,433 1,807 7,116 5,087
Mortgage banking income, net 1,828 1,669 6,130 4,143
Net gain (loss) on sale of securities 0 134 44 (196)
Net increase (decrease) in fair value of loans at fair value 6,060 14,198 (63,158) 35,253
Net realized and unrealized gain on derivatives (9,088) (21,925) 51,481 (53,379)
Other 1,522 898 4,878 2,733
Total noninterest income 15,485 9,097 43,226 26,739
Noninterest expense        
Salaries and employee benefits 32,868 28,352 96,872 78,417
Data processing 6,378 5,625 18,020 15,822
Occupancy expenses 4,057 4,002 12,437 11,436
Professional fees 4,141 3,327 10,535 9,087
Communication expenses 992 788 2,945 2,650
Advertising 1,059 1,047 3,029 3,015
Equipment expense 809 959 2,375 2,794
Net loss recognized on repossessed property and other related expenses 152 379 1,208 479
Amortization of core deposits and other intangibles 538 822 1,927 2,239
Acquisition expenses 0 12,179 710 12,950
Other 3,928 3,742 11,254 11,408
Total noninterest expense 54,922 61,222 161,312 150,297
Income before income taxes 53,497 34,155 159,832 128,497
Provision for income taxes 18,437 7,795 52,707 41,002
Net income 35,060 26,360 107,125 87,495
Other comprehensive income (loss) - change in net unrealized gain (loss) on securities available for sale (net of deferred income tax (expense) benefit of $(721) and $(2,649) for the three months ended June 30, 2017 and 2016, respectively and $6,764 and $(4,115) for the nine months ended June 30, 2017 and 2016, respectively) 1,175 4,322 (11,037) 6,713
Comprehensive income $ 36,235 $ 30,682 $ 96,088 $ 94,208
Basic earnings per common share        
Weighted average shares outstanding (in shares) 58,790,314 57,012,698 58,776,546 55,845,322
Earnings per share (in dollars per share) $ 0.60 $ 0.46 $ 1.82 $ 1.57
Diluted earnings per common share        
Weighted average shares outstanding (in shares) 59,130,632 57,176,705 59,065,402 55,993,011
Diluted earnings per share (in dollars per share) $ 0.59 $ 0.46 $ 1.81 $ 1.56
Dividends per share        
Dividends paid $ 11,752 $ 7,734 $ 31,722 $ 23,201
Dividends per share (in dollars per share) $ 0.20 $ 0.14 $ 0.54 $ 0.42