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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest Income:        
Interest and fees on loans $ 76,786 $ 43,891 $ 215,050 $ 126,861
Interest on loans held for sale 336 119 983 273
Interest on deposits with banks 211 108 1,082 289
Interest and dividends on investment securities:        
Taxable 5,112 3,410 15,297 10,572
Exempt from federal income taxes 1,921 2,053 6,035 6,110
Interest on federal funds sold 8 8 28 18
Total interest income 84,374 49,589 238,475 144,123
Interest Expense:        
Interest on deposits 10,773 3,701 26,583 9,212
Interest on retail repurchase agreements and federal funds purchased 383 83 599 238
Interest on advances from FHLB 5,141 3,108 15,557 9,385
Interest on subordinated debt 486 0 1,436 12
Total interest expense 16,783 6,892 44,175 18,847
Net interest income 67,591 42,697 194,300 125,276
Provision for loan losses 1,890 934 5,620 2,450
Net interest income after provision for loan losses 65,701 41,763 188,680 122,826
Non-interest Income:        
Investment securities gains 82 0 145 1,275
Service charges on deposit accounts 2,316 2,140 6,865 6,121
Mortgage banking activities 1,672 632 5,943 2,080
Wealth management income 5,344 4,864 15,792 14,092
Insurance agency commissions 2,016 1,950 5,020 4,924
Income from bank owned life insurance 663 609 3,664 1,808
Bank card fees 1,436 1,211 4,199 3,609
Other income 1,504 1,340 5,391 5,040
Total non-interest income 15,033 12,746 47,019 38,949
Non-interest Expenses:        
Salaries and employee benefits 24,488 18,442 73,064 54,525
Occupancy expense of premises 4,355 3,294 13,939 9,907
Equipment expenses 2,441 1,722 6,909 5,213
Marketing 770 784 2,863 2,223
Outside data services 1,736 1,286 4,840 4,045
FDIC insurance 1,257 850 3,840 2,478
Amortization of intangible assets 540 25 1,622 76
Merger expenses 580 345 11,766 1,332
Other Expense 6,226 4,443 18,273 14,241
Total non-interest expenses 42,393 31,191 137,116 94,040
Income before income taxes 38,341 23,318 98,583 67,735
Income tax expense 9,107 8,229 23,285 22,793
Net income $ 29,234 $ 15,089 $ 75,298 $ 44,942
Per share information:        
Basic net income per share $ 0.82 $ 0.62 $ 2.11 $ 1.86
Diluted net income per share 0.82 0.62 2.11 1.86
Dividends declared per common share $ 0.28 $ 0.26 $ 0.82 $ 0.78