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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
INTEREST INCOME:      
Loans, including fees $ 260,064 $ 237,621 $ 205,582
Taxable investment securities 13,546 11,830 9,404
Federal Home Loan Bank stock and other 7,273 6,730 3,792
Total interest income 280,883 256,181 218,778
INTEREST EXPENSE:      
Deposits 29,135 17,017 9,802
Securities sold under agreements to repurchase and other short-term borrowings 1,211 1,125 502
Federal Home Loan Bank advances 12,791 10,473 8,860
Subordinated note 1,620 1,508 1,094
Total interest expense 44,757 30,123 20,258
NET INTEREST INCOME 236,126 226,058 198,520
Provision for loan and lease losses 25,758 31,368 27,704
NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES 210,368 194,690 170,816
NONINTEREST INCOME:      
Service charges on deposit accounts 14,197 14,273 13,357
Net refund transfer fees 21,158 20,029 18,500
Mortgage banking income 9,499 4,825 4,642
Interchange fee income 11,859 11,159 9,881
Program fees 4,712 6,225 5,824
Increase in cash surrender value of bank owned life insurance 1,550 1,527 1,562
Net losses on debt securities     (136)
Net gains on other real estate owned 540 729 676
Net gain on branch divestiture 7,829    
Other 3,664 4,658 4,108
Total noninterest income 75,008 63,425 58,414
NONINTEREST EXPENSE:      
Salaries and employee benefits 99,181 91,189 82,233
Occupancy and equipment, net 25,868 24,883 24,019
Communication and transportation 4,447 4,785 4,711
Marketing and development 5,023 4,432 5,188
FDIC insurance expense 743 1,494 1,378
Bank franchise tax expense 5,293 4,951 4,626
Data processing 9,189 9,613 7,748
Interchange related expense 4,870 4,480 3,988
Supplies 1,693 1,444 1,594
Other real estate owned and other repossession expense 326 94 388
Legal and professional fees 3,357 3,459 2,410
Impairment of premises held for sale 256 482 1,175
Other 11,937 12,546 11,386
Total noninterest expense 172,183 163,852 150,844
INCOME BEFORE INCOME TAX EXPENSE 113,193 94,263 78,386
INCOME TAX EXPENSE 21,494 16,411 32,754
NET INCOME $ 91,699 $ 77,852 $ 45,632
Class A Common Stock      
BASIC EARNINGS PER SHARE:      
Basic earnings per share (in dollars per share) $ 4.41 $ 3.76 $ 2.21
DILUTED EARNINGS PER SHARE:      
Diluted earnings per share (in dollars per share) 4.39 3.74 2.20
Class B Common Stock      
BASIC EARNINGS PER SHARE:      
Basic earnings per share (in dollars per share) 4.01 3.41 2.01
DILUTED EARNINGS PER SHARE:      
Diluted earnings per share (in dollars per share) $ 3.99 $ 3.40 $ 2.00