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Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest income    
Interest and fees on loans $ 171,242 $ 112,401
Interest on taxable securities 10,082 9,043
Interest on nontaxable securities 157 156
Interest on deposits in other banks and federal funds sold 1,287 3,329
Total interest income 182,768 124,929
Interest expense    
Interest on deposits 24,102 21,684
Interest on other borrowings 10,721 3,850
Total interest expense 34,823 25,534
Net interest income 147,945 99,395
Provision for loan losses 37,047 3,408
Provision for unfunded commitments 4,000 0
Provision for credit losses 41,047 3,408
Net interest income after provision for credit losses 106,898 95,987
Noninterest income    
Service charges on deposit accounts 11,844 11,646
Mortgage banking activity 35,333 14,677
Other service charges, commissions and fees 1,128 789
Net gain (loss) on securities (9) 66
Other noninterest income 6,083 3,593
Total noninterest income 54,379 30,771
Noninterest expense    
Salaries and employee benefits 75,946 38,332
Occupancy and equipment expense 12,028 8,204
Data processing and communications expenses 11,954 8,391
Credit resolution-related expenses 2,198 911
Advertising and marketing expense 2,358 1,741
Amortization of intangible assets 5,631 3,132
Merger and conversion charges 540 2,057
Other noninterest expenses 27,398 12,657
Total noninterest expense 138,053 75,425
Income before income tax expense 23,224 51,333
Income tax expense 3,902 11,428
Net income 19,322 39,905
Other comprehensive income    
Net unrealized holding gains arising during period on investment securities available for sale, net of tax expense of $5,756 and $1,028 21,653 3,867
Reclassification adjustment for gains on investment securities included in earnings, net of tax of $0 and $(12) 0 (46)
Unrealized losses on cash flow hedges arising during period, net of tax benefit of $(26) and $(46) (97) (173)
Other comprehensive income 21,556 3,648
Total comprehensive income $ 40,878 $ 43,553
Basic earnings per common share (in dollars per share) $ 0.28 $ 0.84
Diluted earnings per common share (in dollars per share) $ 0.28 $ 0.84
Weighted average common shares outstanding (in thousands)    
Basic (in shares) 69,248 47,366
Diluted (in shares) 69,502 47,456