XML 20 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest income      
Interest and fees on loans $ 218,659 $ 171,567 $ 150,611
Interest on taxable securities 17,824 16,134 12,086
Interest on nontaxable securities 1,722 1,869 1,626
Interest on deposits in other banks 827 790 236
Interest on federal funds sold 33 33 7
Total interest income 239,065 190,393 164,566
Interest expense      
Interest on deposits 12,410 9,752 9,488
Interest on other borrowings 7,284 5,104 5,192
Total interest expense 19,694 14,856 14,680
Net interest income 219,371 175,537 149,886
Provision for loan losses 4,091 5,264 5,648
Net interest income after provision for loan losses 215,280 170,273 144,238
Noninterest income      
Service charges on deposit accounts 42,745 34,465 24,614
Mortgage banking activity 48,298 36,800 25,986
Other service charges, commissions and fees 3,575 3,754 2,647
Net gains on sales of securities 94 137 138
Gain on sale of SBA loans 3,974 4,522 3,896
Other noninterest income 7,115 5,908 5,555
Total noninterest income 105,801 85,586 62,836
Noninterest expense      
Salaries and employee benefits 106,837 94,003 73,878
Occupancy and equipment 24,397 21,195 17,521
Advertising and marketing 4,181 3,312 2,869
Amortization of intangible assets 4,376 3,741 2,330
Data processing and communications expenses 24,591 19,849 15,551
Legal and other professional fees 9,885 3,448 3,092
Credit resolution-related expenses 6,172 17,707 13,506
Merger and conversion charges 6,376 7,980 3,940
FDIC insurance 3,712 3,475 2,972
Other noninterest expenses 25,308 24,405 15,210
Total noninterest expense 215,835 199,115 150,869
Income before income tax expense 105,246 56,744 56,205
Income tax expense (33,146) (15,897) (17,482)
Net income 72,100 40,847 38,723
Preferred stock dividends 0 0 286
Net income available to common stockholders $ 72,100 $ 40,847 $ 38,437
Basic earnings per common share $ 2.10 $ 1.29 $ 1.48
Diluted earnings per common share 2.08 1.27 1.46
Dividends declared per common share $ 0.30 $ 0.20 $ 0.15
Weighted average common shares outstanding      
Basic 34,347 31,762 25,974
Diluted 34,702 32,127 26,259