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Consolidated Statements of Income - Unaudited - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest income:    
Loans and leases $ 93,116,000 $ 85,931,000
Investment securities 6,241,000 8,672,000
Other 1,718,000 2,361,000
Total interest income 101,075,000 96,964,000
Interest expense:    
Deposits 31,225,000 19,793,000
FHLB advances 5,293,000 7,080,000
Subordinated debt 1,684,000 1,684,000
Other borrowings 3,569,000 3,376,000
Total interest expense 41,771,000 31,933,000
Net interest income 59,304,000 65,031,000
Provision for loan and lease losses 4,767,000 2,117,000
Net interest income after provision for loan and lease losses 54,537,000 62,914,000
Non-interest income:    
Commercial lease income 2,401,000 862,000
Bank-owned life insurance 1,816,000 2,031,000
Mortgage warehouse transactional fees 1,314,000 1,887,000
Gain (loss) on sale of SBA and other loans 0 1,361,000
Mortgage banking income 167,000 121,000
Other 3,005,000 2,895,000
Total non-interest income 19,718,000 20,910,000
Non-interest expense:    
Salaries and employee benefits 25,823,000 24,925,000
Technology, communication, and bank operations 11,953,000 9,943,000
Professional services 4,573,000 6,008,000
Occupancy 2,903,000 2,834,000
Commercial lease depreciation 1,923,000 815,000
FDIC assessments, non-income taxes, and regulatory fees 1,988,000 2,200,000
Provision for operating losses 1,779,000 1,526,000
Advertising and promotion 809,000 390,000
Loan workout 320,000 659,000
Merger and acquisition related expenses 0 106,000
Other real estate owned expenses 57,000 40,000
Other 1,856,000 2,834,000
Total non-interest expense 53,984,000 52,280,000
Income before income tax expense 20,271,000 31,544,000
Income tax expense 4,831,000 7,402,000
Net income 15,440,000 24,142,000
Preferred stock dividends 3,615,000 3,615,000
Net income (loss) available to common shareholders $ 11,825,000 $ 20,527,000
Basic earnings per common share (usd per share) $ 0.38 $ 0.65
Diluted earnings per common share (usd per share) $ 0.38 $ 0.64
Interchange and card revenue    
Non-interest income:    
Non-interest income $ 8,806,000 $ 9,661,000
Deposit fees    
Non-interest income:    
Non-interest income $ 2,209,000 $ 2,092,000