XML 27 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest income      
Loans and leases, including fees $ 447,187 $ 280,111 $ 262,703
Investment securities      
Taxable 79,076 50,568 43,103
Tax-exempt 13,428 5,918 4,535
Total interest on investment securities 92,504 56,486 47,638
Other earning assets 691 (3,524) (4,391)
Total interest income 540,382 333,073 305,950
Interest expense      
Deposits 56,962 35,182 22,613
Short-term borrowings 18,033 8,193 4,506
Long-term borrowings 16,152 6,153 6,160
Total interest expense 91,147 49,528 33,279
Net interest income 449,235 283,545 272,671
Provision for loan and lease losses 14,586 3,582 10,140
Net interest income after provision for loan and lease losses 434,649 279,963 262,531
Noninterest income      
Service charges on deposit accounts 35,108 19,775 18,933
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions 15,082 14,073 13,200
Bankcard income 20,245 13,298 12,132
Client derivative fees 7,682 6,418 4,570
Net gain from sales of loans 6,071 5,169 6,804
Net gain (loss) on sales of investment securities (161) 1,649 234
Other 19,355 15,760 13,728
Total noninterest income 103,382 76,142 69,601
Noninterest expenses      
Salaries and employee benefits 188,990 137,240 128,549
Net occupancy 24,215 17,397 18,329
Furniture and equipment 14,908 8,443 8,663
Data processing 28,077 14,022 11,406
Marketing 7,598 3,201 3,965
Communication 3,167 1,819 1,889
Professional services 12,272 15,023 6,303
State intangible tax 4,152 2,655 2,034
FDIC assessments 3,969 3,944 4,293
Loss (gain) - other real estate owned 373 642 (1,212)
Other 36,089 35,556 17,182
Total noninterest expenses 323,810 239,942 201,401
Income before income taxes 214,221 116,163 130,731
Income tax expense 41,626 19,376 42,205
Net income $ 172,595 $ 96,787 $ 88,526
Earnings per common share      
Basic $ 1.95 $ 1.57 $ 1.45
Diluted $ 1.93 $ 1.56 $ 1.43
Average common shares outstanding - basic 88,582,090 61,529,460 61,206,093
Average common shares outstanding - diluted 89,614,205 62,171,590 61,985,422