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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
(Dollars in thousands, except per share data)
 
 
 
 
Interest income
$
64,407

 
$
59,741

 
$
68,133

 
$
61,160

 
$
71,778

 
$
62,308

 
$
72,876

 
$
63,428

Interest expense
4,207

 
4,850

 
4,378

 
4,627

 
4,705

 
4,640

 
5,044

 
4,676

Net interest income
60,200

 
54,891

 
63,755

 
56,533

 
67,073

 
57,668

 
67,832

 
58,752

Provision for loan losses
600

 
525

 
1,050

 
600

 

 
950

 
1,300

 
4,000

Total noninterest income
18,912

 
19,155

 
21,398

 
21,095

 
20,770

 
20,416

 
21,914

 
21,762

Total noninterest expenses
48,773

 
46,482

 
52,809

 
47,146

 
51,310

 
46,857

 
51,467

 
51,637

Provision for income taxes
9,014

 
8,428

 
10,731

 
9,508

 
12,681

 
9,793

 
14,915

 
7,698

Net income
$
20,725

 
$
18,611

 
$
20,563

 
$
20,374

 
$
23,852

 
$
20,484

 
$
22,064

 
$
17,179

Basic earnings per share
$
0.77

 
$
0.71

 
$
0.75

 
$
0.77

 
$
0.87

 
$
0.78

 
$
0.80

 
$
0.64

Diluted earnings per share
$
0.76

 
$
0.71

 
$
0.75

 
$
0.77

 
$
0.87

 
$
0.78

 
$
0.80

 
$
0.64

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares (basic)
27,029,640

 
26,275,323

 
27,257,799

 
26,304,129

 
27,436,792

 
26,324,316

 
27,445,739

 
26,710,029

Common stock equivalents
81,283

 
43,409

 
74,497

 
47,885

 
76,307

 
53,072

 
77,615

 
60,022

Weighted average common shares (diluted)
27,110,923

 
26,318,732

 
27,332,296

 
26,352,014

 
27,513,099

 
26,377,388

 
27,523,354

 
26,770,051

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Unusual or infrequently occurring items
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Items within noninterest expense
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loss on extinguishment of debt
$

 
$
437

 
$

 
$

 
$

 
$

 
$

 
$

Merger and acquisition expense
484

 
334

 
2,909

 
206

 

 
151

 

 
4,764

      Total
$
484

 
$
771

 
$
2,909

 
$
206

 
$

 
$
151

 
$

 
$
4,764

Items within provision for income taxes
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2017 Tax Act: revaluation of net deferred tax assets
$

 
$

 
$

 
$

 
$

 
$

 
$
1,895

 
$

2017 Tax Act: revaluation of LIHTC investments
$

 
$

 
$

 
$

 
$

 
$

 
$
466

 
$

Total
$

 
$

 
$

 
$

 
$

 
$

 
$
2,361

 
$