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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Interest income        
Loans $ 127,011 $ 98,656 $ 253,312 $ 192,774
Securities        
Taxable 7,730 5,700 15,655 9,694
Tax-exempt 1,291 1,649 2,700 3,334
Other 1,830 569 3,289 1,152
Total interest income 137,862 106,574 274,956 206,954
Interest expense        
Deposits 20,991 10,919 40,763 18,978
Borrowings 4,071 3,266 8,246 6,347
Total interest expense 25,062 14,185 49,009 25,325
Net interest income 112,800 92,389 225,947 181,629
Provision for loan losses 900 1,810 2,400 3,560
Net interest income after provision for loan losses 111,900 90,579 223,547 178,069
Noninterest income        
Service charges on deposit accounts 8,605 8,271 17,707 16,744
Fees and commissions 7,047 5,917 13,518 11,602
Insurance commissions 2,190 2,110 4,306 4,115
Wealth management revenue 3,601 3,446 6,925 6,708
Mortgage banking income 16,620 12,839 27,021 23,799
Net (loss) gain on sales of securities (8) 0 5 0
BOLI income 1,340 1,195 2,748 2,140
Other 2,565 1,803 5,615 4,426
Total noninterest income 41,960 35,581 77,845 69,534
Noninterest expense        
Salaries and employee benefits 60,325 52,010 117,675 100,794
Data processing 4,698 4,600 9,604 8,844
Net occupancy and equipment 11,544 9,805 23,379 19,627
Other real estate owned 252 232 1,256 889
Professional fees 2,431 2,176 4,885 4,314
Advertising and public relations 2,648 2,647 5,515 4,850
Intangible amortization 2,053 1,594 4,163 3,245
Communications 2,348 1,877 4,243 3,846
Merger and conversion related expenses 179 500 179 1,400
Other 6,812 3,585 11,223 9,161
Total noninterest expense 93,290 79,026 182,122 156,970
Income before income taxes 60,570 47,134 119,270 90,633
Income taxes 13,945 10,424 27,535 20,097
Net income (loss) $ 46,625 $ 36,710 $ 91,735 $ 70,536
Basic earnings per share (usd per share) $ 0.80 $ 0.74 $ 1.57 $ 1.43
Diluted earnings per share (usd per share) 0.80 0.74 1.56 1.42
Cash dividends per common share (usd per share) $ 0.22 $ 0.20 $ 0.43 $ 0.39