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Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ 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 $ 82,723 $ 65,464 $ 155,990 $ 126,985
Interest on taxable securities 6,321 5,195 11,528 9,995
Interest on nontaxable securities 179 401 501 817
Interest on deposits in other banks and federal funds sold 723 351 1,439 664
Total interest income 89,946 71,411 169,458 138,461
Interest expense        
Interest on deposits 7,794 4,580 14,566 8,343
Interest on other borrowings 6,153 3,674 10,092 6,371
Total interest expense 13,947 8,254 24,658 14,714
Net interest income 75,999 63,157 144,800 123,747
Provision for loan losses 9,110 2,205 10,911 4,041
Net interest income after provision for loan losses 66,889 60,952 133,889 119,706
Noninterest income        
Service charges on deposit accounts 10,613 10,616 20,841 21,179
Mortgage banking activity 14,890 13,943 26,790 25,158
Other service charges, commissions and fees 697 729 1,416 1,438
Gain (loss) on securities (123) 37 (86) 37
Other noninterest income 5,230 2,864 8,810 6,083
Total noninterest income 31,307 28,189 57,771 53,895
Noninterest expense        
Salaries and employee benefits 39,776 29,132 71,865 56,926
Occupancy and equipment expense 6,390 6,146 12,588 12,023
Data processing and communications costs 6,439 7,028 13,574 13,600
Credit resolution-related expenses 1,045 599 1,594 1,532
Advertising and marketing expense 1,256 1,259 2,485 2,365
Amortization of intangible assets 2,252 1,013 3,186 2,049
Merger and conversion charges 18,391 0 19,226 402
Other noninterest expenses 10,837 10,562 20,966 19,935
Total noninterest expense 86,386 55,739 145,484 108,832
Income before income tax expense 11,810 33,402 46,176 64,769
Income tax expense 2,423 10,315 10,129 20,529
Net income 9,387 23,087 36,047 44,240
Other comprehensive income        
Net unrealized holding gains (losses) arising during period on investment securities available for sale, net of tax expense (benefit) of ($482), $1,487, ($2,982) and $1,382 (1,814) 2,760 (11,217) 2,566
Reclassification adjustment for gains on investment securities included in earnings, net of tax of $0, $13, $8 and $13 0 (24) (29) (24)
Unrealized gains (losses) on cash flow hedges arising during period, net of tax expense (benefit) of $17, ($58), $92 and ($35) 66 (106) 347 (63)
Other comprehensive income (loss) (1,748) 2,630 (10,899) 2,479
Total comprehensive income $ 7,639 $ 25,717 $ 25,148 $ 46,719
Basic earnings per common share (in dollars per share) $ 0.24 $ 0.62 $ 0.93 $ 1.21
Diluted earnings per common share (in dollars per share) 0.24 0.62 0.92 1.20
Dividends declared per common share (in dollars per share) $ 0.10 $ 0.10 $ 0.20 $ 0.20
Weighted average common shares outstanding (in thousands)        
Basic (in shares) 39,432 37,163 38,703 36,418
Diluted (in shares) 39,710 37,489 38,981 36,744