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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
INTEREST INCOME        
Loans, including fees $ 49,578 $ 37,233 $ 138,438 $ 109,496
Investment securities:        
Taxable 2,522 2,313 7,298 6,480
Tax-exempt 988 964 3,006 2,872
Dividends 581 95 1,453 294
Total Interest Income 53,669 40,605 150,195 119,142
INTEREST EXPENSE        
Deposits 3,275 2,480 9,333 7,466
Borrowings and junior subordinated debt securities 798 596 2,196 1,701
Total Interest Expense 4,073 3,076 11,529 9,167
NET INTEREST INCOME 49,596 37,529 138,666 109,975
Provision for loan losses 3,206 1,454 6,473 608
Net Interest Income After Provision for Loan Losses 46,390 36,075 132,193 109,367
NONINTEREST INCOME        
Securities (losses) gains, net 0 0 (34) 41
Service charges on deposit accounts 3,069 2,799 8,529 7,882
Debit and credit card fees 2,996 2,909 8,732 8,135
Wealth management fees 2,814 2,756 8,667 8,548
Insurance fees 1,332 1,722 4,374 4,824
Mortgage banking 698 270 2,006 666
Other 1,572 1,475 5,674 5,022
Total Noninterest Income 12,481 11,931 37,948 35,118
NONINTEREST EXPENSE        
Salaries and employee benefits 16,789 14,823 51,024 45,971
Net occupancy 2,744 2,004 8,014 6,218
Data processing 2,454 2,152 7,329 6,466
Furniture and equipment 1,653 1,308 4,461 3,856
FDIC insurance 990 607 2,493 1,817
Professional services and legal 946 950 2,270 2,488
Marketing 895 757 2,905 2,335
Other taxes 719 839 2,721 2,363
Merger related expenses 0 0 3,167 0
Other 6,639 5,000 18,515 16,005
Total Noninterest Expense 33,829 28,440 102,899 87,519
Income Before Taxes 25,042 19,566 67,242 56,966
Provision for income taxes 6,407 4,906 17,584 13,552
Net Income $ 18,635 $ 14,660 $ 49,658 $ 43,414
Earnings per share—basic (in dollars per share) $ 0.54 $ 0.49 $ 1.48 $ 1.46
Earnings per share—diluted (in dollars per share) 0.54 0.49 1.48 1.46
Dividends declared per share (in dollars per share) $ 0.18 $ 0.17 $ 0.54 $ 0.5
Comprehensive Income $ 22,420 $ 13,515 $ 53,755 $ 48,936