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Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ 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 $ 175,046 $ 110,470 $ 404,457 $ 266,460
Interest on taxable securities 11,354 8,792 29,780 20,320
Interest on nontaxable securities 168 204 426 705
Interest on deposits in other banks and federal funds sold 1,793 1,653 7,655 3,092
Total interest income 188,361 121,119 442,318 290,577
Interest expense        
Interest on deposits 29,425 15,630 74,563 30,196
Interest on other borrowings 10,167 6,451 17,940 16,543
Total interest expense 39,592 22,081 92,503 46,739
Net interest income 148,769 99,038 349,815 243,838
Provision for loan losses 5,989 2,095 14,065 13,006
Net interest income after provision for loan losses 142,780 96,943 335,750 230,832
Noninterest income        
Service charges on deposit accounts 13,411 12,690 37,225 33,531
Mortgage banking activity 53,041 14,082 86,241 41,771
Other service charges, commissions and fees 1,236 790 2,828 2,236
Net gain (loss) on securities 4 48 139 (38)
Other noninterest income 9,301 2,561 16,567 10,442
Total noninterest income 76,993 30,171 143,000 87,942
Noninterest expense        
Salaries and employee benefits 77,633 38,414 154,296 110,163
Occupancy and equipment expense 12,639 8,598 28,677 21,186
Data processing and communications expenses 10,372 8,518 27,151 22,092
Credit resolution-related expenses 1,094 1,248 2,984 2,842
Advertising and marketing expense 1,949 1,453 5,677 3,938
Amortization of intangible assets 5,719 2,676 11,972 5,862
Merger and conversion charges 65,158 276 70,690 19,502
Other noninterest expenses 18,133 11,170 47,926 32,252
Total noninterest expense 192,697 72,353 349,373 217,837
Income before income tax expense 27,076 54,761 129,377 100,937
Income tax expense 5,692 13,317 29,184 23,446
Net income 21,384 41,444 100,193 77,491
Other comprehensive income (loss)        
Net unrealized holding gains (losses) arising during period on investment securities available for sale, net of tax expense (benefit) of ($244), ($1,053), $5,549 and ($4,035) (921) (3,964) 20,873 (15,181)
Reclassification adjustment for gains on investment securities included in earnings, net of tax of $0, $11, $25 and $19 0 (41) (94) (70)
Unrealized gains (losses) on cash flow hedges arising during period, net of tax expense (benefit) of ($15), $0, ($125) and $92 (59) 0 (471) 347
Other comprehensive income (loss) (980) (4,005) 20,308 (14,904)
Total comprehensive income $ 20,404 $ 37,439 $ 120,501 $ 62,587
Basic earnings per common share (in dollars per share) $ 0.31 $ 0.87 $ 1.83 $ 1.86
Diluted earnings per common share (in dollars per share) $ 0.31 $ 0.87 $ 1.83 $ 1.85
Weighted average common shares outstanding (in thousands)        
Basic (in shares) 69,372 47,515 54,762 41,673
Diluted (in shares) 69,600 47,685 54,883 41,845