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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest and fees on loans $ 45,257 $ 31,891
Interest and dividends on securities 9,604 8,374
Interest on interest bearing deposits and other investments 616 510
TOTAL INTEREST INCOME 55,477 40,775
Interest on deposits 1,538 624
Interest on time certificates 2,179 566
Noninterest expenses    
Interest on borrowed money 1,998 1,420
TOTAL INTEREST EXPENSE 5,715 2,610
NET INTEREST INCOME 49,762 38,165
Provision for loan losses 1,085 1,304
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 48,677 36,861
Noninterest income    
Other income 12,398 9,905
Securities losses, net (102) 0
TOTAL NONINTEREST INCOME (Note H) 12,296 9,905
TOTAL NONINTEREST EXPENSES (Note H) 37,164 34,746
INCOME BEFORE INCOME TAXES 23,809 12,020
Provision for income taxes 5,782 4,094
NET INCOME $ 18,027 $ 7,926
SHARE DATA    
Net income diluted (in dollars per share) $ 0.38 $ 0.2
Net income basic (in dollars per share) 0.38 0.2
Cash dividends declared (in dollars per share) $ 0 $ 0
Average shares outstanding - diluted (in shares) 47,688,388 39,498,835
Average shares outstanding - basic (in shares) 46,951,829 38,839,284