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Consolidated Statements of Earnings and Comprehensive Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest income        
Interest and fees on loans $ 39,610 $ 29,633 $ 109,376 $ 88,208
Interest on taxable securities 3,034 1,720 8,972 5,136
Interest on nontaxable securities 496 352 1,143 1,071
Interest on deposits in other banks and federal funds sold 46 44 175 158
Total interest income 43,186 31,749 119,666 94,573
Interest expense        
Interest on deposits 2,540 2,025 6,928 6,334
Interest on other borrowings 1,514 404 3,858 1,105
Total interest expense 4,054 2,429 10,786 7,439
Net interest income 39,132 29,320 108,880 87,134
Provision for loan losses 1,669 2,920 4,760 10,008
Net interest income after provision for loan losses 37,463 26,400 104,120 77,126
Noninterest income        
Service charges on deposit accounts 6,659 4,948 18,092 14,480
Mortgage banking activity 7,498 5,232 19,510 14,697
Other service charges, commissions and fees 690 593 2,004 1,539
Gain (loss) on sale of securities 132   138 171
Other noninterest income 2,922 1,515 6,730 4,145
Total noninterest income 17,901 12,288 46,474 35,032
Noninterest expense        
Salaries and employee benefits 20,226 14,412 54,562 41,599
Occupancy and equipment 4,669 3,149 12,804 9,058
Advertising and marketing expenses 594 434 2,022 1,016
Amortization of intangible assets 698 346 1,668 1,068
Data processing and telecommunications expenses 3,928 3,072 11,322 8,478
Credit resolution related expenses 3,186 2,971 8,216 10,164
Merger and conversion charges 551 512 3,873 512
Other noninterest expenses 4,727 3,853 14,669 12,426
Total noninterest expense 38,579 28,749 109,136 84,321
Income before income tax expense 16,785 9,939 41,458 27,837
Income tax expense 5,122 3,262 13,315 9,197
Net income 11,663 6,677 28,143 18,640
Less preferred stock dividends and discount accretion   443 286 1,326
Net income available to common shareholders 11,663 6,234 27,857 17,314
Other comprehensive income (loss)        
Unrealized holding gain (loss) arising during period on investment securities available for sale, net of tax of $114, $2,158, ($2,610) and $4,375 (211) (4,007) 4,847 (8,125)
Reclassification adjustment for losses (gains) included in earnings, net of tax of $46, $0, $48 and $60 (86)   (90) (111)
Unrealized gain (loss) on cash flow hedges arising during period, net of tax of ($80), $57, $264 and ($591) 149 (106) (489) 1,098
Other comprehensive income (loss) (148) (4,113) 4,268 (7,138)
Total comprehensive income $ 11,515 $ 2,564 $ 32,411 $ 11,502
Basic earnings per common share $ 0.44 $ 0.26 $ 1.08 $ 0.72
Diluted earnings per common share $ 0.43 $ 0.26 $ 1.07 $ 0.71
Dividends declared per common share $ 0.05   $ 0.10  
Weighted average common shares outstanding        
Basic 26,773 23,901 25,705 23,883
Diluted 27,161 24,316 26,099 24,298