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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 $ 123,056 $ 74,920
Investment securities    
Taxable 24,235 13,670
Tax-exempt 4,258 1,657
Total interest on investment securities 28,493 15,327
Other earning assets 210 107
Total interest income 151,759 90,354
Interest expense    
Deposits 19,243 10,298
Short-term borrowings 5,960 2,663
Long-term borrowings 5,041 1,581
Total interest expense 30,244 14,542
Net interest income 121,515 75,812
Provision for Loan and Lease Losses 14,083 2,303
Net interest income after provision for loan and lease losses 107,432 73,509
Noninterest income    
Service Charges on Deposit Accounts 8,903 5,039
Trust and wealth management fees 4,070 3,954
Bankcard income 5,586 3,394
Client derivative fees 1,704 1,757
Net gain from sales of loans 1,890 588
Net gain (loss) on sales/transfers of investment securities (178) 0
Other 4,852 2,206
Total noninterest income 26,827 16,938
Noninterest expenses    
Salaries and employee benefits 47,912 31,102
Net occupancy 6,630 4,497
Furniture and equipment 3,416 2,040
Data processing 5,127 3,672
Marketing 1,606 801
Communication 728 459
Professional services 2,252 2,198
State intangible tax 1,310 765
FDIC assessments 950 894
Amortization of Intangible Assets 2,045 280
Other 6,523 5,580
Total noninterest expenses 78,499 52,288
Income before income taxes 55,760 38,159
Income tax expense 9,921 7,653
Net income $ 45,839 $ 30,506
Earnings per common share    
Basic $ 0.47 $ 0.49
Diluted 0.47 0.49
Cash dividends declared per share $ 0.22 $ 0.19
Average common shares outstanding - basic 97,926,088 61,654,686
Average common shares outstanding - diluted 98,436,311 62,180,744