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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest income        
Loans $ 51,279 $ 34,565 $ 100,825 $ 68,723
Securities        
Taxable 270 3,431 4,513 6,222
Tax-exempt 6,665 1,896 8,854 3,843
Other 63 53 262 102
Total interest income 58,277 39,945 114,454 78,890
Interest expense        
Deposits 4,136 4,095 8,509 8,175
Borrowings 1,972 1,446 3,805 2,930
Total interest expense 6,108 5,541 12,314 11,105
Net interest income 52,169 34,404 102,140 67,785
Provision for loan losses 1,450 3,000 2,900 6,050
Net interest income after provision for loan losses 50,719 31,404 99,240 61,735
Noninterest income        
Service charges on deposit accounts 6,193 4,509 12,109 9,009
Fees and commissions 5,515 4,848 10,487 9,679
Insurance commissions 2,088 951 3,951 1,812
Wealth management revenue 2,170 1,715 4,314 3,439
Gains on sales of securities 0 0 0 54
BOLI income 746 635 1,477 1,365
Gains on sales of mortgage loans held for sale 2,006 3,870 3,591 7,435
Other 753 789 2,158 1,902
Total noninterest income 19,471 17,317 38,087 34,695
Noninterest expense        
Salaries and employee benefits 29,810 21,906 58,238 43,180
Data processing 2,850 2,045 5,545 4,088
Net occupancy and equipment 4,906 3,668 9,753 7,276
Other real estate owned 1,068 1,773 2,769 3,822
Professional fees 1,389 1,304 2,589 2,477
Advertising and public relations 1,888 1,246 3,416 2,736
Intangible amortization 1,427 314 2,898 637
Communications 1,701 1,135 3,383 2,262
Merger-related expenses 0 385 195 385
Other 4,357 3,958 8,255 8,471
Total noninterest expense 49,396 37,734 97,041 75,334
Income before income taxes 20,794 10,987 40,286 21,096
Income taxes 5,941 2,968 11,836 5,506
Net income $ 14,853 $ 8,019 $ 28,450 $ 15,590
Basic earnings per share (usd per share) $ 0.47 $ 0.32 $ 0.90 $ 0.62
Diluted earnings per share (usd per share) $ 0.47 $ 0.32 $ 0.90 $ 0.62
Cash dividends per common share (usd per share) $ 0.17 $ 0.17 $ 0.34 $ 0.34