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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
INTEREST INCOME:    
Loans, including fees $ 69,627 $ 58,004
Taxable investment securities 2,634 2,155
Federal Home Loan Bank stock and other 1,572 724
Total interest income 73,833 60,883
INTEREST EXPENSE:    
Deposits 3,360 1,879
Securities sold under agreements to repurchase and other short-term borrowings 213 25
Federal Home Loan Bank advances 2,274 2,292
Subordinated note 321 249
Total interest expense 6,168 4,445
NET INTEREST INCOME 67,665 56,438
Provision for loan and lease losses 17,255 12,351
NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES 50,410 44,087
NONINTEREST INCOME:    
Service charges on deposit accounts 3,555 3,247
Net refund transfer fees 16,352 15,382
Mortgage banking income 1,020 1,160
Interchange fee income 2,667 2,326
Program fees 1,696 1,091
Increase in cash surrender value of bank owned life insurance 371 391
Net gains on other real estate owned 132 142
Other 1,752 1,184
Total noninterest income 27,545 24,923
NONINTEREST EXPENSE:    
Salaries and employee benefits 23,834 21,211
Occupancy and equipment, net 6,221 5,967
Communication and transportation 1,382 1,272
Marketing and development 916 1,004
FDIC insurance expense 525 450
Bank franchise tax expense 2,518 2,435
Data processing 2,386 1,652
Interchange related expense 1,007 1,058
Supplies 381 527
Other real estate owned expense 45 97
Legal and professional fees 1,043 752
Other 2,787 2,514
Total noninterest expense 43,045 38,939
INCOME BEFORE INCOME TAX EXPENSE 34,910 30,071
INCOME TAX EXPENSE 7,441 10,054
NET INCOME $ 27,469 $ 20,017
Class A Common Stock    
BASIC EARNINGS PER SHARE:    
Basic earnings per share (in dollars per share) $ 1.32 $ 0.97
DILUTED EARNINGS PER SHARE:    
Diluted earnings per share (in dollars per share) 1.32 0.96
DIVIDENDS DECLARED PER COMMON SHARE:    
Dividend declared per common share (in dollars per share) 0.242 0.209
Class B Common Stock    
BASIC EARNINGS PER SHARE:    
Basic earnings per share (in dollars per share) 1.21 0.88
DILUTED EARNINGS PER SHARE:    
Diluted earnings per share (in dollars per share) 1.20 0.88
DIVIDENDS DECLARED PER COMMON SHARE:    
Dividend declared per common share (in dollars per share) $ 0.220 $ 0.190