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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
INTEREST INCOME:    
Loans, including fees $ 58,004 $ 41,429
Taxable investment securities 2,155 1,855
Federal Home Loan Bank stock and other 724 731
Total interest income 60,883 44,015
INTEREST EXPENSE:    
Deposits 1,879 1,392
Securities sold under agreements to repurchase and other short-term borrowings 25 25
Federal Home Loan Bank advances 2,292 2,953
Subordinated note 249 211
Total interest expense 4,445 4,581
NET INTEREST INCOME 56,438 39,434
Provision for loan and lease losses 12,351 5,186
NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES 44,087 34,248
NONINTEREST INCOME:    
Service charges on deposit accounts 3,247 3,140
Net refund transfer fees 15,382 17,078
Mortgage banking income 1,160 1,261
Interchange fee income 2,326 2,123
Program fees 1,091 319
Increase in cash surrender value of bank owned life insurance 391 339
Net gains on other real estate owned 142 248
Other 1,184 413
Total noninterest income 24,923 24,921
NONINTEREST EXPENSES:    
Salaries and employee benefits 21,211 17,083
Occupancy and equipment, net 5,967 5,419
Communication and transportation 1,272 1,073
Marketing and development 1,004 507
FDIC insurance expense 450 658
Bank franchise tax expense 2,435 2,451
Data processing 1,652 1,333
Interchange related expense 1,058 904
Supplies 527 449
Other real estate owned expense 97 80
Legal and professional fees 752 823
Other 2,514 1,761
Total noninterest expenses 38,939 32,541
Income before income tax expense 30,071 26,628
INCOME TAX EXPENSE 10,054 8,893
NET INCOME $ 20,017 $ 17,735
Class A Common Stock    
BASIC EARNINGS PER SHARE:    
Basic earnings per share (in dollars per share) $ 0.97 $ 0.86
DILUTED EARNINGS PER SHARE:    
Diluted earnings per share (in dollars per share) 0.96 0.85
DIVIDENDS DECLARED PER COMMON SHARE:    
Dividend declared per common share (in dollars per share) 0.209 0.198
Class B Common Stock    
BASIC EARNINGS PER SHARE:    
Basic earnings per share (in dollars per share) 0.88 0.78
DILUTED EARNINGS PER SHARE:    
Diluted earnings per share (in dollars per share) 0.88 0.77
DIVIDENDS DECLARED PER COMMON SHARE:    
Dividend declared per common share (in dollars per share) $ 0.190 $ 0.180