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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest income:      
Loans $ 373,234 $ 339,936 $ 302,818
Investment securities 33,209 25,153 14,293
Other 11,508 7,761 5,428
Total interest income 417,951 372,850 322,539
Interest expense:      
Deposits 110,808 67,582 48,268
Other borrowings 11,486 10,056 6,438
FHLB advances 31,043 21,130 11,597
Subordinated debt 6,737 6,739 6,739
Total interest expense 160,074 105,507 73,042
Net interest income 257,877 267,343 249,497
Provision for loan losses 5,642 6,768 3,041
Net interest income after provision for loan losses 252,235 260,575 246,456
Non-interest income:      
Bank-owned life insurance 7,620 7,219 4,736
Mortgage warehouse transactional fees 7,158 9,345 11,547
Commercial lease income 5,354 647 0
Gains on sale of SBA and other loans 3,294 4,223 3,685
Mortgage banking income 606 875 969
Impairment loss on investment securities 0 (12,934) (7,262)
Gain (loss) on sale of investment securities (18,659) 8,800 25
Other 15,106 9,187 9,922
Total non-interest income 58,998 78,910 56,370
Non-interest expense:      
Salaries and employee benefits 104,841 95,518 80,641
Technology, communication and bank operations 44,454 45,885 26,839
Professional services 20,237 28,051 20,684
Occupancy 11,809 11,161 10,327
FDIC assessments, non-income taxes, and regulatory fees 8,642 7,906 13,097
Provision for operating losses 5,616 6,435 3,517
Merger and acquisition related expenses 4,391 410 1,195
Commercial lease depreciation 4,388 522 0
Advertising and promotion 2,446 1,470 1,549
Loan workout 2,183 2,366 2,063
Other real estate owned 449 570 1,953
Other 10,723 15,312 16,366
Total non-interest expense 220,179 215,606 178,231
Income before income tax expense 91,054 123,879 124,595
Income tax expense 19,359 45,042 45,893
Net income 71,695 78,837 78,702
Preferred stock dividends 14,459 14,459 9,515
Net income available to common shareholders $ 57,236 $ 64,378 $ 69,187
Basic earnings per common share (usd per share) $ 1.81 $ 2.10 $ 2.51
Diluted earnings per common share (usd per share) $ 1.78 $ 1.97 $ 2.31
Interchange and card revenue      
Non-interest income:      
Revenue from contracts with customers $ 30,695 $ 41,509 $ 24,681
Deposit fees      
Non-interest income:      
Revenue from contracts with customers $ 7,824 $ 10,039 $ 8,067