SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

	First Quarter				Second Quarter				Third Quarter				Fourth Quarter
	2019		2018		2019		2018		2019		2018		2019		2018
					(Dollars in thousands, except per share data)
Interest income	$	91,543	$	73,749	$	122,144	$	79,167	$	119,624	$	82,875	$	113,703	$	87,910
Interest expense	9,018		5,278		16,125		5,999		15,026		6,641		13,710		7,618
Net interest income	82,525		68,471		106,019		73,168		104,598		76,234		99,993		80,292
Provision for loan losses	1,000		500		1,000		2,000		—		1,075		4,000		1,200
Total noninterest income	21,533		19,863		28,648		21,887		31,816		23,264		33,297		23,491
Total noninterest expenses	56,311		53,451		93,032		52,688		67,533		55,439		67,445		64,391
Provision for income taxes	11,522		6,828		10,007		9,249		17,036		9,969		14,368		8,258
Net income	$	35,225	$	27,555	$	30,628	$	31,118	$	51,845	$	33,015	$	47,477	$	29,934
Basic earnings per share	$	1.25	$	1.00	$	0.89	$	1.13	$	1.51	$	1.20	$	1.38	$	1.08
Diluted earnings per share	$	1.25	$	1.00	$	0.89	$	1.13	$	1.51	$	1.20	$	1.38	$	1.07
Weighted average common shares (basic)	28,106,184		27,486,573		34,313,492		27,526,653		34,361,176		27,537,841		34,374,953		27,815,437
Common stock equivalents	54,466		67,381		41,878		54,525		39,390		63,499		46,245		58,576
Weighted average common shares (diluted)	28,160,650		27,553,954		34,355,370		27,581,178		34,400,566		27,601,340		34,421,198		27,874,013
Unusual or infrequently occurring items
Items within noninterest income
Gain on sale of loans	$	—	$	—	$	—	$	—	$	951	$	—	$	—	$	—
Total	$	—	$	—	$	—	$	—	$	951	$	—	$	—	$	—
Items within noninterest expense
Merger and acquisition expense	$	1,032	$	—	$	24,696	$	434	$	705	$	2,688	$	—	$	8,046
Adjustment for tax effect of previously incurred merger and acquisition expense	650		—		—		—		—		—		—		—
Items within provision for income taxes
Total	$	1,682	$	—	$	24,696	$	434	$	705	$	2,688	$	—	$	8,046