XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest, fee and dividend income        
Interest and fees on loans $ 74,172 $ 65,286 $ 144,615 $ 129,313
Securities available for sale 7,003 7,218 13,929 14,227
Securities held to maturity 2,811 2,736 5,436 5,517
Other 781 654 1,547 1,273
Total interest, fee and dividend income 84,767 75,894 165,527 150,330
Interest expense        
Deposits 5,079 3,536 9,010 7,010
Short-term borrowings 2,455 1,366 4,421 2,505
Long-term debt 452 599 928 1,205
Junior subordinated debt 1,040 772 1,941 1,498
Total interest expense 9,026 6,273 16,300 12,218
Net interest income 75,741 69,621 149,227 138,112
Provision for loan losses 8,778 7,567 16,274 14,946
Net interest income after provision for loan losses 66,963 62,054 132,953 123,166
Noninterest income        
Insurance and other financial services revenue 5,826 5,621 12,330 12,391
Service charges on deposit accounts 4,246 4,161 8,218 8,138
ATM and debit card fees 5,816 5,518 11,089 10,468
Retirement plan administration fees 7,296 5,437 12,635 9,609
Trust 5,265 5,161 10,143 9,693
Bank owned life insurance 1,217 1,218 2,564 2,629
Net securities gains 91 2 163 2
Other 4,401 3,186 8,293 6,124
Total noninterest income 34,158 30,304 65,435 59,054
Noninterest expense        
Salaries and employee benefits 37,726 33,503 74,293 67,736
Occupancy 5,535 5,184 11,654 11,354
Data processing and communications 4,508 4,229 8,787 8,427
Professional fees and outside services 3,336 3,609 6,828 6,641
Equipment 4,151 3,793 8,189 7,491
Office supplies and postage 1,504 1,640 3,077 3,248
FDIC expenses 1,092 1,136 2,293 2,314
Advertising 700 656 1,037 1,046
Amortization of intangible assets 1,096 1,039 2,010 2,006
Loan collection and other real estate owned, net 908 664 2,245 1,943
Other 4,332 4,868 8,747 9,397
Total noninterest expense 64,888 60,321 129,160 121,603
Income before income tax expense 36,233 32,037 69,228 60,617
Income tax expense 8,112 10,678 15,121 18,979
Net income $ 28,121 $ 21,359 $ 54,107 $ 41,638
Earnings per share        
Basic (in dollars per share) $ 0.64 $ 0.49 $ 1.24 $ 0.96
Diluted (in dollars per share) $ 0.64 $ 0.49 $ 1.23 $ 0.95