XML 17 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Loans including fees:    
Taxable $ 138,972 $ 118,389
Nontaxable 4,223 3,874
Investment securities:    
Taxable 28,037 18,804
Nontaxable 7,408 6,549
Money market and other interest-earning investments 278 90
Total interest income 178,918 147,706
Interest Expense    
Deposits 16,444 7,255
Federal funds purchased and interbank borrowings 1,918 1,017
Securities sold under agreements to repurchase 662 359
Federal Home Loan Bank advances 9,931 7,780
Other borrowings 2,915 2,723
Total interest expense 31,870 19,134
Net interest income 147,048 128,572
Provision for loan losses 1,043 380
Net interest income after provision for loan losses 146,005 128,192
Noninterest Income    
Wealth management fees 8,535 9,026
Service charges on deposit accounts 10,826 10,759
Debit card and ATM fees 5,503 4,865
Mortgage banking revenue 5,011 4,192
Investment product fees 5,271 5,031
Capital markets income 2,517 498
Company-owned life insurance 3,188 2,605
Net debt securities gains (losses) (103) 788
Other income 5,668 4,141
Total noninterest income 46,416 41,905
Noninterest Expense    
Salaries and employee benefits 71,183 64,179
Occupancy 14,578 13,280
Equipment 4,474 3,565
Marketing 3,723 3,697
Data processing 9,341 8,400
Communication 3,054 3,064
Professional fees 2,910 2,730
Loan expenses 1,912 1,744
Supplies 755 722
FDIC assessment 2,087 2,645
Other real estate owned expense 36 349
Amortization of intangibles 4,472 3,609
Amortization of tax credit investments 260 716
Other expense 4,256 8,457
Total noninterest expense 123,041 117,157
Income before income taxes 69,380 52,940
Income tax expense 13,104 4,957
Net income $ 56,276 $ 47,983
Net income per common share - basic $ 0.32 $ 0.32
Net income per common share - diluted $ 0.32 $ 0.31
Weighted average number of common shares outstanding - basic 174,734 151,721
Weighted average number of common shares outstanding - diluted 175,368 152,370
Dividends per common share $ 0.13 $ 0.13