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Consolidated statements of income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Interest income:        
Interest and fees on loans $ 66,276 $ 54,529 $ 126,724 $ 105,222
Interest on securities        
Taxable 3,548 3,134 7,117 5,986
Tax-exempt 1,160 981 2,304 1,906
Other 735 399 1,507 777
Total interest income 71,719 59,043 137,652 113,891
Interest expense:        
Deposits 13,488 5,898 25,343 10,969
Borrowings 1,208 1,628 2,270 2,976
Total interest expense 14,696 7,526 27,613 13,945
Net interest income 57,023 51,517 110,039 99,946
Provision for loan losses 881 1,063 2,272 1,380
Net interest income after provision for loan losses 56,142 50,454 107,767 98,566
Noninterest income:        
Gain (loss) from securities, net 52 (42) 95 (89)
Gain (loss) on sales or write-downs of other real estate owned 277 23 238 (163)
(Loss) gain from other assets (183) (155) 8 (87)
Other income 1,691 1,583 3,484 3,026
Total noninterest income 32,979 35,763 62,018 69,038
Noninterest expenses:        
Salaries, commissions and employee benefits 37,918 34,366 71,615 68,393
Occupancy and equipment expense 4,319 3,545 8,049 6,969
Legal and professional fees 1,694 1,965 3,419 4,008
Data processing 2,643 2,138 5,027 4,173
Merger costs 3,783 0 4,404 1,193
Amortization of core deposit and other intangibles 1,254 802 1,983 1,655
Regulatory fees and deposit insurance assessments 634 730 1,226 1,292
Advertising 2,434 3,408 5,171 6,690
Other expense 8,818 8,801 17,232 16,876
Total noninterest expense 64,119 56,358 119,220 112,509
Income before income taxes 25,002 29,859 50,565 55,095
Income tax expense (Note 9) 6,314 7,794 12,289 13,276
Net income $ 18,688 $ 22,065 $ 38,276 $ 41,819
Earnings per common share        
Basic (in dollars per share) $ 0.60 $ 0.72 $ 1.24 $ 1.36
Fully diluted (in dollars per share) $ 0.59 $ 0.70 $ 1.21 $ 1.33
Mortgage banking income        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income $ 24,526 $ 28,544 $ 45,547 $ 55,015
Service charges on deposit accounts        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income 2,327 2,049 4,406 4,008
ATM and interchange fees        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income 3,002 2,581 5,658 4,942
Investment services and trust income        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income 1,287 1,180 2,582 2,386
Software license and maintenance fees        
Noninterest expenses:        
Software license and maintenance fees $ 622 $ 603 $ 1,094 $ 1,260