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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest income:      
Loans receivable, including fees $ 266,539 $ 233,349 $ 182,280
Loans held for sale 73,397 69,469 51,553
Investment securities 25,153 14,293 10,405
Other 7,761 5,428 5,612
Total interest income 372,850 322,539 249,850
Interest expense:      
Deposits 67,582 48,268 33,982
Other borrowings 10,056 6,438 6,096
FHLB advances 21,130 11,597 6,743
Subordinated debt 6,739 6,739 6,739
Total interest expense 105,507 73,042 53,560
Net interest income 267,343 249,497 196,290
Provision for loan losses 6,768 3,041 20,566
Net interest income after provision for loan losses 260,575 246,456 175,724
Non-interest income:      
Interchange and card revenue 41,509 24,681 557
Deposit fees 10,039 8,067 944
Mortgage warehouse transactional fees 9,345 11,547 10,394
Gain (loss) on sale of investment securities 8,800 25 (85)
Bank-owned life insurance 7,219 4,736 7,006
Gains on sale of SBA and other loans 4,223 3,685 4,047
Mortgage banking income 875 969 741
Impairment loss on investment securities (12,934) (7,262) 0
Other 9,834 9,922 4,113
Total non-interest income 78,910 56,370 27,717
Non-interest expense:      
Salaries and employee benefits 95,518 80,641 58,777
Technology, communication and bank operations 45,885 26,839 10,596
Professional services 28,051 20,684 11,042
Occupancy 11,161 10,327 8,668
FDIC assessments, non-income taxes, and regulatory fees 7,906 13,097 10,728
Provision for operating losses 6,435 3,517 140
Loan workout 2,366 2,063 1,127
Other real estate owned 570 1,953 2,516
Advertising and promotion 1,470 1,549 1,475
Merger and acquisition related expenses 410 1,195 0
Other 15,834 16,366 9,877
Total non-interest expense 215,606 178,231 114,946
Income before income tax expense 123,879 124,595 88,495
Income tax expense 45,042 45,893 29,912
Net income 78,837 78,702 58,583
Preferred stock dividends 14,459 9,515 2,493
Net income available to common shareholders $ 64,378 $ 69,187 $ 56,090
Basic earnings per common share (usd per share) $ 2.10 $ 2.51 $ 2.09
Diluted earnings per common share (usd per share) $ 1.97 $ 2.31 $ 1.96