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Consolidated statements of income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Interest income:        
Interest and fees on loans $ 67,639 $ 57,904 $ 194,363 $ 163,126
Interest on securities        
Taxable 3,137 3,151 10,254 9,137
Tax-exempt 1,174 1,031 3,478 2,937
Other 1,292 526 2,799 1,303
Total interest income 73,242 62,612 210,894 176,503
Interest expense:        
Deposits 13,522 7,864 38,865 18,833
Borrowings 1,415 1,993 3,685 4,969
Total interest expense 14,937 9,857 42,550 23,802
Net interest income 58,305 52,755 168,344 152,701
Provision for loan losses 1,831 1,818 4,103 3,198
Net interest income after provision for loan losses 56,474 50,937 164,241 149,503
Noninterest income:        
(Loss) gain from securities, net (20) (27) 75 (116)
(Loss) gain on sales or write-downs of other real estate owned (126) 120 112 (43)
Gain from other assets 44 326 52 239
Other income 2,114 1,257 5,598 4,283
Total noninterest income 38,145 34,355 100,163 103,393
Noninterest expenses:        
Salaries, commissions and employee benefits 40,880 35,213 112,495 103,606
Occupancy and equipment expense 4,058 3,514 12,107 10,483
Legal and professional fees 1,993 1,917 5,412 5,925
Data processing 2,816 2,562 7,843 6,735
Merger costs 295 0 4,699 1,193
Amortization of core deposit and other intangibles 1,197 777 3,180 2,432
Advertising 1,895 3,810 7,066 10,500
Other expense 9,801 9,420 29,353 28,848
Total noninterest expense 62,935 57,213 182,155 169,722
Income before income taxes 31,684 28,079 82,249 83,174
Income tax expense 7,718 6,702 20,007 19,978
Net income $ 23,966 $ 21,377 $ 62,242 $ 63,196
Earnings per common share        
Basic (in dollars per share) $ 0.77 $ 0.69 $ 2.01 $ 2.05
Fully diluted (in dollars per share) $ 0.76 $ 0.68 $ 1.97 $ 2.01
Mortgage banking income        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income $ 29,193 $ 26,649 $ 74,740 $ 81,664
Service charges on deposit accounts        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income 2,416 2,208 6,822 6,216
ATM and interchange fees        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income 3,188 2,411 8,846 7,353
Investment services and trust income        
Noninterest income:        
Mortgage banking income, service charges on deposit accounts, ATM and interchange fees, investment services and trust income $ 1,336 $ 1,411 $ 3,918 $ 3,797