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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Interest income        
Loans $ 92,536 $ 76,759 $ 247,076 $ 222,781
Securities        
Taxable 5,061 3,717 14,040 12,832
Tax-exempt 2,400 2,425 7,284 7,378
Other 698 131 1,763 308
Total interest income 100,695 83,032 270,163 243,299
Interest expense        
Deposits 6,834 4,638 17,297 13,018
Borrowings 3,844 2,663 9,231 7,339
Total interest expense 10,678 7,301 26,528 20,357
Net interest income 90,017 75,731 243,635 222,942
Provision for loan losses 2,150 2,650 5,400 5,880
Net interest income after provision for loan losses 87,867 73,081 238,235 217,062
Noninterest income        
Service charges on deposit accounts 8,676 8,200 24,565 23,712
Fees and commissions 5,618 4,921 16,287 14,042
Insurance commissions 2,365 2,420 6,406 6,557
Wealth management revenue 2,963 3,040 8,884 8,803
Mortgage banking income 10,616 15,846 33,544 41,181
Net gain on sales of securities 57 0 57 1,186
BOLI income 1,136 979 3,234 2,929
Other 1,982 2,866 6,722 8,750
Total noninterest income 33,413 38,272 99,699 107,160
Noninterest expense        
Salaries and employee benefits 48,530 44,702 135,753 132,482
Data processing 4,179 4,560 12,248 13,220
Net occupancy and equipment 9,470 8,830 27,603 25,585
Other real estate owned 603 1,540 1,916 4,111
Professional fees 1,552 1,824 5,501 5,459
Advertising and public relations 1,802 1,661 5,824 5,040
Intangible amortization 1,766 1,684 4,822 5,123
Communications 1,927 2,097 5,698 6,308
Extinguishment of debt 0 2,210 205 2,539
Merger and conversion related expenses 6,266 268 9,655 4,023
Other 4,565 7,092 15,585 19,651
Total noninterest expense 80,660 76,468 224,810 223,541
Income before income taxes 40,620 34,885 113,124 100,681
Income taxes 14,199 11,706 37,447 33,386
Net income (loss) $ 26,421 $ 23,179 $ 75,677 $ 67,295
Basic earnings per share (usd per share) $ 0.54 $ 0.55 $ 1.64 $ 1.62
Diluted earnings per share (usd per share) 0.53 0.55 1.64 1.61
Cash dividends per common share (usd per share) $ 0.18 $ 0.18 $ 0.54 $ 0.53