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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
INTEREST INCOME        
Loans, including fees $ 68,631 $ 62,450 $ 198,296 $ 179,908
Investment Securities:        
Taxable 3,649 2,988 10,597 8,783
Tax-exempt 857 896 2,603 2,744
Dividends 490 389 1,741 1,352
Total Interest Income 73,627 66,723 213,237 192,787
INTEREST EXPENSE        
Deposits 10,871 6,748 27,883 18,103
Borrowings and junior subordinated debt securities 3,494 2,519 10,758 6,779
Total Interest Expense 14,365 9,267 38,641 24,882
NET INTEREST INCOME 59,262 57,456 174,596 167,905
Provision for loan losses 462 2,850 12,279 12,901
Net Interest Income After Provision for Loan Losses 58,800 54,606 162,317 155,004
NONINTEREST INCOME        
Net gain on sale of securities 0 0 0 3,987
Mortgage banking 700 872 2,133 2,280
Insurance 101 1,318 404 4,232
Gain on sale of a majority interest of insurance business 0 0 1,873 0
Other 2,266 2,681 6,642 6,906
Total Noninterest Income 12,042 13,551 38,086 42,812
NONINTEREST EXPENSE        
Salaries and employee benefits 19,769 20,325 57,195 60,770
Data processing and information technology 2,906 2,284 7,610 6,670
Net occupancy 2,722 2,692 8,399 8,258
Furniture, equipment and software 2,005 1,890 6,096 5,746
Other taxes 1,341 1,208 4,928 3,268
Professional services and legal 1,181 869 3,120 2,868
Marketing 1,023 766 2,916 2,468
FDIC insurance 746 1,152 2,592 3,461
Other 5,392 5,367 16,174 16,451
Total Noninterest Expense 37,085 36,553 109,030 109,960
Income Before Taxes 33,757 31,604 91,373 87,856
Provision for income taxes 2,876 8,883 12,893 24,182
Net Income $ 30,881 $ 22,721 $ 78,480 $ 63,674
Earnings per share—basic (in dollars per share) $ 0.89 $ 0.65 $ 2.26 $ 1.83
Earnings per share—diluted (in dollars per share) 0.88 0.65 2.24 1.82
Dividends declared per share (in dollars per share) $ 0.25 $ 0.20 $ 0.72 $ 0.60
Comprehensive Income $ 28,573 $ 22,975 $ 67,943 $ 64,854
Service charges on deposit accounts        
NONINTEREST INCOME        
Revenues from contract with customers 3,351 3,207 9,765 9,218
Debit and credit card        
NONINTEREST INCOME        
Revenues from contract with customers 3,141 3,067 9,487 8,952
Wealth management        
NONINTEREST INCOME        
Revenues from contract with customers $ 2,483 $ 2,406 $ 7,782 $ 7,237