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Consolidated statements of income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest income:        
Interest and fees on loans $ 54,529 $ 29,350 $ 105,222 $ 58,356
Interest on securities        
Taxable 3,134 2,589 5,986 5,156
Tax-exempt 981 1,068 1,906 2,108
Other 399 271 777 547
Total interest income 59,043 33,278 113,891 66,167
Deposits        
Demand and savings accounts 3,951 1,703 7,266 3,234
Time deposits 1,947 604 3,703 1,187
Short-term borrowings 694 112 1,116 210
Long-term debt 934 432 1,860 858
Total interest expense 7,526 2,851 13,945 5,489
Net interest income 51,517 30,427 99,946 60,678
Provision for loan losses 1,063 (865) 1,380 (1,122)
Net interest income after provision for loan losses 50,454 31,292 98,566 61,800
Noninterest income:        
Mortgage banking income 28,544 30,239 55,015 55,319
(Loss) gain from securities, net (42) 29 (89) 30
(Loss) gain from other assets (155) 39 (87) 39
Other income 1,500 543 2,805 1,174
Total noninterest income 35,763 35,657 69,038 66,744
Noninterest expenses:        
Salaries, commissions and employee benefits 34,508 30,783 68,657 59,789
Occupancy and equipment expense 3,744 3,307 7,349 6,416
Legal and professional fees 1,965 1,033 4,008 2,461
Data processing 2,138 1,460 4,173 2,961
Merger and conversion   767 1,193 1,254
Amortization of core deposit and other intangibles 802 123 1,655 515
Loss on sale of mortgage servicing rights   249   249
Regulatory fees and deposit insurance assessments 730 494 1,292 929
Software license and maintenance fees 390 364 857 821
Advertising 3,408 3,343 6,690 6,275
Other expense 8,673 7,213 16,635 13,883
Total noninterest expense 56,358 49,136 112,509 95,553
Income before income taxes 29,859 17,813 55,095 32,991
Income tax expense (Note 7) 7,794 6,574 13,276 11,999
Net income $ 22,065 $ 11,239 $ 41,819 $ 20,992
Earnings per common share:        
Basic $ 0.72 $ 0.44 $ 1.36 $ 0.84
Fully diluted 0.70 $ 0.43 1.33 $ 0.82
Dividends declared per common share $ 0.06   $ 0.06  
Service Charges on Deposit Accounts        
Noninterest income:        
Noninterest income: $ 2,132 $ 1,796 $ 4,229 $ 3,562
ATM and Interchange Fees        
Noninterest income:        
Noninterest income: 2,581 2,085 4,942 4,132
Investment Services and Trust Income        
Noninterest income:        
Noninterest income: 1,180 903 2,386 1,717
Gain (Loss) on Sales or Write-Downs of Other Real Estate Owned        
Noninterest income:        
Noninterest income: $ 23 $ 23 $ (163) $ 771