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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
INTEREST INCOME:    
Loans, including fees $ 76,828 $ 69,627
Taxable investment securities 3,591 2,634
Federal Home Loan Bank stock and other 2,214 1,572
Total interest income 82,633 73,833
INTEREST EXPENSE:    
Deposits 6,748 3,360
Securities sold under agreements to repurchase and other short-term borrowings 421 213
Federal Home Loan Bank advances 2,730 2,274
Subordinated note 435 321
Total interest expense 10,334 6,168
NET INTEREST INCOME 72,299 67,665
Provision for loan and lease losses 17,231 17,255
NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES 55,068 50,410
NONINTEREST INCOME:    
Service charges on deposit accounts 3,303 3,555
Net refund transfer fees 17,100 16,352
Mortgage banking income 1,539 1,020
Interchange fee income 2,757 2,667
Program fees 1,074 1,696
Increase in cash surrender value of bank owned life insurance 382 371
Net gains on other real estate owned 130 132
Other 1,132 1,752
Total noninterest income 27,417 27,545
NONINTEREST EXPENSE:    
Salaries and employee benefits 25,076 23,834
Occupancy and equipment, net 6,584 6,221
Communication and transportation 1,161 1,382
Marketing and development 1,102 916
FDIC insurance expense 448 525
Bank franchise tax expense 2,496 2,518
Data processing 2,096 2,386
Interchange related expense 1,315 1,007
Supplies 484 381
Other real estate owned expense 46 45
Legal and professional fees 886 1,043
Other 3,815 2,787
Total noninterest expense 45,509 43,045
INCOME BEFORE INCOME TAX EXPENSE 36,976 34,910
INCOME TAX EXPENSE 7,460 7,441
NET INCOME $ 29,516 $ 27,469
Class A Common Stock    
BASIC EARNINGS PER SHARE:    
Basic earnings per share (in dollars per share) $ 1.42 $ 1.32
DILUTED EARNINGS PER SHARE:    
Diluted earnings per share (in dollars per share) 1.41 1.32
Class B Common Stock    
BASIC EARNINGS PER SHARE:    
Basic earnings per share (in dollars per share) 1.29 1.21
DILUTED EARNINGS PER SHARE:    
Diluted earnings per share (in dollars per share) $ 1.28 $ 1.20