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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Interest Income        
Interest and fees on loans $ 64,613 $ 50,751 $ 122,710 $ 99,946
Interest on investment securities:        
Taxable 2,202 2,248 4,509 4,631
Tax-exempt 2,185 1,671 4,091 3,375
Dividends on nonmarketable equity securities 551 411 749 649
Interest on deposits with the Federal Reserve Bank and other banks 128 99 250 224
Total interest income 69,679 55,180 132,309 108,825
Interest Expense        
Interest on deposits 3,630 3,626 6,982 7,371
Interest on short-term borrowings 101 94 199 215
Interest on other borrowings 213 0 213 0
Total interest expense 3,944 3,720 7,394 7,586
Net Interest Income 65,735 51,460 124,915 101,239
Provision for loan losses 1,500 1,500 3,000 3,100
Net interest income after provision for loan losses 64,235 49,960 121,915 98,139
Noninterest Income        
Service charges and fees on deposit accounts 6,445 5,486 12,361 10,416
Wealth management revenue 5,605 3,958 10,676 7,589
Other charges and fees for customer services 6,516 4,682 12,506 8,876
Mortgage banking revenue 1,688 1,491 3,091 2,285
Gain on sale of investment securities 28 0 607 0
Other 392 184 708 351
Total noninterest income 20,674 15,801 39,949 29,517
Operating Expenses        
Salaries, wages and employee benefits 31,711 24,860 60,964 49,044
Occupancy 4,386 3,638 8,812 8,012
Equipment and software 4,480 3,413 8,878 6,874
Business Combination, Acquisition Related Costs 3,457 647 4,819 970
Other 12,751 9,867 24,332 19,707
Total operating expenses 56,785 42,425 107,805 84,607
Income before income taxes 28,124 23,336 54,059 43,049
Federal income tax expense 9,100 7,100 17,200 13,000
Net Income $ 19,024 $ 16,236 $ 36,859 $ 30,049
Net Income Per Common Share:        
Basic (in dollars per share) $ 0.54 $ 0.54 $ 1.08 $ 1.00
Diluted (in dollars per share) 0.54 0.54 1.08 1.00
Cash Dividends Declared Per Common Share (dollars per share) $ 0.24 $ 0.23 $ 0.48 $ 0.46