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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest Income:      
Interest and fees on loans $ 260,506 $ 229,147 $ 194,345
Interest on mortgage-backed securities 26,065 19,308 15,754
Interest and dividends on investment securities      
Taxable 61 137 321
Tax-exempt 4,317 4,511 4,551
Other interest income 2,024 1,623 1,607
Total interest income 292,973 254,726 216,578
Interest Expense:      
Interest on deposits 29,068 14,904 9,421
Interest on Federal Home Loan Bank advances 8,395 8,263 4,707
Interest on senior debt 4,717 7,228 6,356
Interest on trust preferred borrowings 2,573 1,940 1,622
Interest on federal funds purchased 1,695 972 606
Interest on other borrowings 51 148 121
Total interest expense 46,499 33,455 22,833
Net interest income 246,474 221,271 193,745
Provision for loan losses 13,170 10,964 12,986
Net interest income after provision for loan losses 233,304 210,307 180,759
Noninterest Income:      
Loan fee income 2,492 2,218 2,066
Security gains, net 21 1,984 2,369
Unrealized gains on equity investments 20,745 0 0
Realized gain on sale of equity investment 3,757 0 0
Bank owned life insurance income 175 1,545 919
Total non interest income 162,541 124,644 105,061
Noninterest Expense:      
Salaries, benefits and other compensation 122,983 114,376 95,983
Occupancy expense 19,783 19,409 16,646
Equipment expense 12,609 12,564 10,368
Professional fees 8,733 8,597 9,142
Data processing and operations expenses 7,757 6,779 6,275
Marketing expense 4,586 3,083 3,020
FDIC expenses 2,117 2,216 2,606
Loan workout and OREO expenses 1,548 1,820 1,681
Corporate development expense 6,456 878 8,529
(Recovery of) provision for legal settlement (7,938) 12,000 0
(Recovery of) provision for fraud loss (1,675) 2,844 0
Early extinguishment of debt costs 0 695 0
Other operating expense 48,088 41,200 34,416
Total non interest expenses 225,047 226,461 188,666
Income before taxes 170,798 108,490 97,154
Income tax provision 36,055 58,246 33,074
Net income $ 134,743 $ 50,244 $ 64,080
Basic (in dollars per share) $ 4.27 $ 1.60 $ 2.12
Diluted (in dollars per share) $ 4.19 $ 1.56 $ 2.06
Credit/debit card and ATM income      
Noninterest Income:      
Noninterest income $ 43,837 $ 36,116 $ 29,899
Investment management and fiduciary income      
Noninterest Income:      
Noninterest income 39,602 35,103 25,691
Deposit service charges      
Noninterest Income:      
Noninterest income 18,771 18,318 17,734
Mortgage banking activities, net      
Noninterest Income:      
Noninterest income 6,286 6,293 7,434
Other income      
Noninterest Income:      
Noninterest income $ 26,855 $ 23,067 $ 18,949