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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest income:    
Interest and fees on loans $ 54,681 $ 44,562
Interest on mortgage-backed securities 4,395 3,894
Interest and dividends on investment securities:    
Taxable 117 77
Tax-exempt 1,132 1,143
Other interest income 501 370
Total interest income 60,826 50,046
Interest expense:    
Interest on deposits 3,075 2,118
Interest on senior debt 2,121 942
Interest on Federal Home Loan Bank advances 1,858 1,048
Interest on federal funds purchased and securities sold under agreements to repurchase 201 182
Interest on trust preferred borrowings 446 371
Interest on other borrowings 22 29
Total interest expense 7,723 4,690
Net interest income 53,103 45,356
Provision for loan losses 2,162 780
Net interest income after provision for loan losses 50,941 44,576
Noninterest income:    
Credit/debit card and ATM income 8,131 6,901
Investment management and fiduciary income 8,039 5,254
Deposit service charges 4,397 4,276
Mortgage banking activities, net 1,185 1,654
Securities gains, net 320 305
Loan fee income 549 477
Bank owned life insurance income 275 231
Other income 5,196 4,570
Total non interest income 28,092 23,668
Noninterest expense:    
Salaries, benefits and other compensation 28,836 22,876
Occupancy expense 5,162 4,270
Equipment expense 3,124 2,473
Professional fees 1,635 2,403
Data processing and operations expenses 1,618 1,542
Marketing expense 624 664
Loan workout and OREO expenses 521 503
FDIC expenses 529 838
Corporate development expense 338 569
Other operating expense 9,119 7,659
Total non interest expenses 51,506 43,797
Income before taxes 27,527 24,447
Income tax provision 8,590 8,677
Net income $ 18,937 $ 15,770
Earnings per share:    
Basic (in dollars per share) $ 0.60 $ 0.53
Diluted (in dollars per share) $ 0.59 $ 0.52