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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
INTEREST INCOME        
Loans, including fees $ 66,610 $ 60,558 $ 129,665 $ 117,458
Investment Securities:        
Taxable 3,519 2,947 6,948 5,796
Tax-exempt 872 928 1,746 1,848
Dividends 580 481 1,251 963
Total Interest Income 71,581 64,914 139,610 126,065
INTEREST EXPENSE        
Deposits 9,166 5,976 17,012 11,355
Borrowings and junior subordinated debt securities 4,012 2,368 7,264 4,261
Total Interest Expense 13,178 8,344 24,276 15,616
NET INTEREST INCOME 58,403 56,570 115,334 110,449
Provision for loan losses 9,345 4,869 11,817 10,052
Net Interest Income After Provision for Loan Losses 49,058 51,701 103,517 100,397
NONINTEREST INCOME        
Net gain (loss) on sale of securities 0 3,617 0 3,987
Mortgage banking 831 675 1,432 1,408
Insurance 134 1,458 303 2,913
Gain on sale of a majority interest of insurance business 0 0 1,873 0
Other 2,134 2,048 4,323 4,225
Total Noninterest Income 12,251 16,265 26,044 29,261
NONINTEREST EXPENSE        
Salaries and employee benefits 18,611 19,903 37,426 40,444
Net occupancy 2,804 2,751 5,677 5,566
Data processing and information technology 2,379 2,163 4,704 4,386
Furniture, equipment and software 2,134 1,810 4,090 3,857
Other taxes 1,739 1,083 3,587 2,060
Marketing 1,190 948 1,892 1,702
Professional services and legal 888 931 1,939 1,999
FDIC insurance 739 1,185 1,847 2,308
Other 5,379 5,823 10,783 11,084
Total Noninterest Expense 35,863 36,597 71,945 73,406
Income Before Taxes 25,446 31,369 57,616 56,252
Provision for income taxes 4,010 8,604 10,017 15,299
Net Income $ 21,436 $ 22,765 $ 47,599 $ 40,953
Earnings per share—basic (in dollars per share) $ 0.62 $ 0.66 $ 1.37 $ 1.18
Earnings per share—diluted (in dollars per share) 0.61 0.65 1.36 1.17
Dividends declared per share (in dollars per share) $ 0.25 $ 0.20 $ 0.47 $ 0.40
Comprehensive Income $ 20,444 $ 22,503 $ 35,081 $ 41,879
Debit and credit card        
NONINTEREST INCOME        
Revenues from contract with customers 3,309 3,042 6,347 5,885
Service charges on deposit accounts        
NONINTEREST INCOME        
Revenues from contract with customers 3,227 2,997 6,468 6,012
Wealth management        
NONINTEREST INCOME        
Revenues from contract with customers $ 2,616 $ 2,428 $ 5,298 $ 4,831