XML 16 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Income - Unaudited - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest income:    
Loans receivable, including fees $ 66,879 $ 61,461
Loans held for sale 19,052 13,946
Investment securities 8,672 5,887
Other 2,361 1,800
Total interest income 96,964 83,094
Interest expense:    
Deposits 19,793 14,323
Other borrowings 3,376 1,608
FHLB advances 7,080 3,060
Subordinated debt 1,684 1,685
Total interest expense 31,933 20,676
Net interest income 65,031 62,418
Provision for loan losses 2,117 3,050
Net interest income after provision for loan losses 62,914 59,368
Non-interest income:    
Interchange and card revenue 9,661 13,511
Deposit fees 2,092 3,127
Bank-owned life insurance 2,031 1,367
Mortgage warehouse transactional fees 1,887 2,221
Gain on sale of SBA and other loans 1,361 1,328
Mortgage banking income 121 155
Impairment loss on investment securities 0 (1,703)
Other 3,757 2,748
Total non-interest income 20,910 22,754
Non-interest expense:    
Salaries and employee benefits 24,925 21,112
Technology, communication and bank operations 9,943 9,916
Professional services 6,008 7,512
Occupancy 2,834 2,714
FDIC assessments, non-income taxes, and regulatory fees 2,200 1,725
Provision for operating losses 1,526 1,646
Loan workout 659 521
Advertising and promotion 390 326
Merger and acquisition related expenses 106 0
Other real estate owned expenses (income) 40 (55)
Other 3,649 3,949
Total non-interest expense 52,280 49,366
Income before income tax expense 31,544 32,756
Income tax expense 7,402 7,009
Net income (loss) 24,142 25,747
Preferred stock dividends 3,615 3,615
Net income (loss) available to common shareholders $ 20,527 $ 22,132
Basic earnings per common share (usd per share) $ 0.65 $ 0.73
Diluted earnings per common share (usd per share) $ 0.64 $ 0.67