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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest and dividend income:    
Loans $ 69,933 $ 60,929
Taxable investment securities 1,185 1,510
Non-taxable investment securities 1,901 1,730
Mortgage-backed securities 2,897 3,178
Short-term investments and other 908 1,009
Total interest and dividend income 76,824 68,356
Interest expense:    
Deposits 14,058 6,524
Federal Home Loan Bank borrowings 2,780 3,344
Junior subordinated debentures 1,121 846
Repurchase agreements and other short-term borrowings 527 259
Total interest expense 18,486 10,973
Net interest income 58,338 57,383
Provision/ (credit) for loan losses (1,426) (1,795)
Net interest income after provision/ (credit) for loan losses 59,764 59,178
Fees and other income:    
Other banking fee income 2,499 2,273
Gain on sale of loans, net 73 74
Gain/ (loss) on sale of investments, net 0 (24)
Gain/ (loss) on OREO, net 91 0
Other 877 332
Total fees and other income 25,248 39,743
Operating expense:    
Salaries and employee benefits 35,726 47,084
Occupancy and equipment 8,348 7,748
Professional services 3,560 3,177
Marketing and business development 1,085 1,593
Information systems 5,860 5,886
Amortization of intangibles 672 750
FDIC insurance 660 744
Restructuring 1,646 0
Other 2,996 3,875
Total operating expense 60,553 70,857
Income before income taxes 24,459 28,064
Income tax expense 4,917 6,026
Net income from continuing operations 19,542 22,038
Net income from discontinued operations 0 1,698
Net income before attribution to noncontrolling interests 19,542 23,736
Less: Net income attributable to noncontrolling interests 100 1,050
Net income attributable to the Company 19,442 22,686
Adjustments to net income attributable to the Company to arrive at net income attributable to common shareholders 1,557 (23)
Net income attributable to common shareholders, treasury stock method $ 20,999 $ 22,663
Basic earnings per share attributable to common shareholders:    
From continuing operations (in dollars per share) $ 0.25 $ 0.25
From discontinued operations (in dollars per share) 0 0.02
Total attributable to common shareholders (in dollars per share) $ 0.25 $ 0.27
Weighted average basic common shares outstanding (in shares) 83,285,095 83,097,758
Diluted earnings per share attributable to common shareholders:    
From continuing operations (in dollars per share) $ 0.25 $ 0.25
From discontinued operations (in dollars per share) 0 0.02
Total attributable to common shareholders (in dollars per share) $ 0.25 $ 0.27
Weighted average diluted common shares outstanding (in shares) 84,010,450 85,271,650
Investment management fees    
Fees and other income:    
Fees $ 2,650 $ 11,425
Wealth advisory fees    
Fees and other income:    
Fees 8,165 13,512
Wealth management and trust fees    
Fees and other income:    
Fees $ 10,893 $ 12,151