XML 183 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest income      
Loans $ 501,336 $ 428,374 $ 344,472
Securities      
Taxable 29,875 23,948 18,531
Tax-exempt 5,477 6,456 9,433
Other 5,892 3,076 2,314
Total interest income 542,580 461,854 374,750
Interest expense      
Deposits 81,995 49,760 24,620
Borrowings 16,928 15,569 13,233
Total interest expense 98,923 65,329 37,853
Net interest income 443,657 396,525 336,897
Provision for loan losses 7,050 6,810 7,550
Net interest income after provision for loan losses 436,607 389,715 329,347
Noninterest income      
Service charges on deposit accounts 35,972 34,660 33,224
Fees and commissions 19,430 23,868 21,934
Insurance commissions 8,919 8,590 8,361
Wealth management revenue 14,433 13,540 11,884
Mortgage banking income 57,896 50,142 43,415
Net gains (losses) on sales of securities 348 (16) 148
BOLI income 6,109 4,644 4,353
Other 10,147 8,533 8,821
Total noninterest income 153,254 143,961 132,140
Noninterest expense      
Salaries and employee benefits 250,784 214,294 184,540
Data processing 19,679 18,627 16,474
Net occupancy and equipment 49,553 42,111 37,756
Other real estate owned 2,013 1,892 2,470
Professional fees 10,166 8,753 7,150
Advertising and public relations 11,607 9,464 8,248
Intangible amortization 8,105 7,179 6,530
Communications 8,858 8,318 7,578
Merger and conversion related expenses 279 14,246 10,378
Extinguishment of debt 54 0 205
Other 13,076 20,145 20,289
Total noninterest expense 374,174 345,029 301,618
Income before income taxes 215,687 188,647 159,869
Income taxes 48,091 41,727 67,681
Net income $ 167,596 $ 146,920 $ 92,188
Basic earnings per share (usd per share) $ 2.89 $ 2.80 $ 1.97
Diluted earnings per share (usd per share) 2.88 2.79 1.96
Cash dividends per common share (usd per share) $ 0.87 $ 0.80 $ 0.73