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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
INTEREST INCOME:    
Interest and fees on loans $ 85,651 $ 66,898
Interest on securities:    
Taxable 11,577 8,253
Nontaxable 3,579 5,191
Interest on federal funds sold 0 0
Interest on interest bearing deposits in other financial institutions 407 209
TOTAL INTEREST INCOME 101,214 80,551
INTEREST EXPENSE:    
Interest on deposits 5,766 3,730
Interest on short-term borrowings 268 137
Interest on other borrowings 3,596 3,656
TOTAL INTEREST EXPENSE 9,630 7,523
NET INTEREST INCOME 91,584 73,028
Provision for loan losses 4,263 3,641
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 87,321 69,387
NONINTEREST INCOME:    
Service charges and fees 10,079 9,457
Loan servicing income 1,754 1,724
Trust fees 4,680 3,631
Brokerage and insurance commissions 907 1,036
Securities gains, net 1,441 2,482
Unrealized loss on equity securities, net (28) 0
Net gains on sale of loans held for sale 4,051 6,147
Valuation allowance on commercial servicing rights (2) 5
Income on bank owned life insurance 614 617
Other noninterest income 1,220 794
TOTAL NONINTEREST INCOME 24,716 25,893
NONINTEREST EXPENSES:    
Salaries and employee benefits 48,710 41,767
Occupancy 6,043 5,073
Furniture and equipment 2,749 2,501
Professional fees 8,459 8,309
FDIC insurance assessments 989 807
Advertising 1,940 2,424
Core deposit intangibles and customer relationship intangibles amortization 1,863 1,171
Other real estate and loan collection expenses 732 828
(Gain)/loss on sales/valuations of assets, net (197) 412
Restructuring expenses 2,564 0
Other noninterest expenses 9,794 8,448
TOTAL NONINTEREST EXPENSES 83,646 71,740
INCOME BEFORE INCOME TAXES 28,391 23,540
Income taxes 5,123 5,530
NET INCOME 23,268 18,010
Preferred dividends (13) (19)
Interest expense on convertible preferred debt 0 5
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 23,255 $ 17,996
EARNINGS PER COMMON SHARE - BASIC (in dollars per share) $ 0.76 $ 0.68
EARNINGS PER COMMON SHARE - DILUTED (in dollars per share) 0.76 0.68
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.13 $ 0.11