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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
INTEREST INCOME    
Interest and fees on loans $ 53,960 $ 50,170
Interest on investment securities:    
Taxable interest income 4,737 2,586
Tax-exempt interest income 337 380
Other, principally overnight investments 2,701 1,925
Total interest income 61,735 55,061
INTEREST EXPENSE    
Savings, checking and money market accounts 2,009 979
Time deposits 3,178 1,411
Other time deposits 390 283
Borrowings 2,797 1,881
Total interest expense 8,374 4,554
Net interest income 53,361 50,507
Provision (reversal) for loan losses 500 (3,659)
Net interest income after provision for loan losses 52,861 54,166
NONINTEREST INCOME    
Service charges on deposit accounts 2,945 3,263
Other service charges, commissions and fees 5,248 4,485
Fees from presold mortgage loans 545 859
Commissions from sales of insurance and financial products 2,029 1,940
SBA consulting fees 1,263 1,141
SBA loan sale gains 2,062 3,802
Bank-owned life insurance income 646 623
Foreclosed property gains (losses), net (245) (288)
Other gains (losses), net 82 4
Total noninterest income 14,575 15,829
NONINTEREST EXPENSES    
Salaries expense 18,965 19,398
Employee benefits expense 4,588 4,607
Total personnel expense 23,553 24,005
Occupancy expense 2,754 2,802
Equipment related expenses 1,369 1,252
Merger and acquisition expenses 110 2,761
Intangibles amortization expense 1,332 1,560
Other operating expenses 10,153 11,106
Total noninterest expenses 39,271 43,486
Income before income taxes 28,165 26,509
Income tax expense 5,880 5,836
Net income available to common shareholders $ 22,285 $ 20,673
Earnings per common share:    
Basic $ 0.75 $ 0.70
Diluted 0.75 0.70
Dividends declared per common share $ 0.12 $ 0.10
Weighted average common shares outstanding:    
Basic 29,587,217 29,533,869
Diluted 29,743,395 29,624,150