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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Interest income        
Loans $ 80,133 $ 76,785 $ 154,540 $ 146,022
Securities        
Taxable 4,627 4,654 8,979 9,115
Tax-exempt 2,310 2,465 4,884 4,953
Other 509 104 1,065 177
Total interest income 87,579 84,008 169,468 160,267
Interest expense        
Deposits 5,314 4,420 10,463 8,380
Borrowings 2,662 2,431 5,387 4,676
Total interest expense 7,976 6,851 15,850 13,056
Net interest income 79,603 77,157 153,618 147,211
Provision for loan losses 1,750 1,430 3,250 3,230
Net interest income after provision for loan losses 77,853 75,727 150,368 143,981
Noninterest income        
Service charges on deposit accounts 7,958 7,521 15,889 15,512
Fees and commissions 5,470 4,877 10,669 9,121
Insurance commissions 2,181 2,175 4,041 4,137
Wealth management revenue 3,037 2,872 5,921 5,763
Mortgage banking income 12,424 13,420 22,928 25,335
Net gain on sales of securities 0 1,257 0 1,186
BOLI income 985 996 2,098 1,950
Other 2,210 2,468 4,740 5,884
Total noninterest income 34,265 35,586 66,286 68,888
Noninterest expense        
Salaries and employee benefits 45,014 45,387 87,223 87,780
Data processing 3,835 4,502 8,069 8,660
Net occupancy and equipment 8,814 8,531 18,133 16,755
Other real estate owned 781 1,614 1,313 2,571
Professional fees 1,882 1,846 3,949 3,635
Advertising and public relations 2,430 1,742 4,022 3,379
Intangible amortization 1,493 1,742 3,056 3,439
Communications 1,908 2,040 3,771 4,211
Extinguishment of debt 0 329 205 329
Merger and conversion related expenses 3,044 2,807 3,389 3,755
Other 5,640 6,719 11,020 12,559
Total noninterest expense 74,841 77,259 144,150 147,073
Income before income taxes 37,277 34,054 72,504 65,796
Income tax expense (benefit) 11,993 11,154 23,248 21,680
Net income (loss) $ 25,284 $ 22,900 $ 49,256 $ 44,116
Basic earnings per share (usd per share) $ 0.57 $ 0.54 $ 1.11 $ 1.07
Diluted earnings per share (usd per share) 0.57 0.54 1.11 1.06
Cash dividends per common share (usd per share) $ 0.18 $ 0.18 $ 0.36 $ 0.35