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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest Income      
Interest and fees on loans $ 220,784 $ 208,609 $ 163,738
Interest on investment securities:      
Taxable interest income 19,881 10,638 7,007
Tax-exempt interest income 1,007 1,482 1,677
Other, principally overnight investments 8,435 10,478 4,960
Total interest income 250,107 231,207 177,382
Interest Expense      
Savings, checking and money market accounts 9,551 5,074 2,761
Time deposits of $100,000 or more 13,598 8,356 4,005
Other time deposits 1,901 1,061 778
Borrowings 8,853 9,286 5,127
Total interest expense 33,903 23,777 12,671
Net interest income 216,204 207,430 164,711
Provision (reversal) for loan losses 2,263 (3,589) 723
Net interest income after provision for loan losses 213,941 211,019 163,988
Noninterest Income      
Service charges on deposit accounts 12,970 12,690 11,862
Other service charges, commissions and fees 19,481 16,488 14,403
Fees from presold mortgage loans 3,944 2,735 5,695
Commissions from sales of insurance and financial products 8,495 8,731 5,300
SBA consulting fees 3,872 4,675 4,024
SBA loan sale gains 8,275 10,366 5,479
Bank-owned life insurance income 2,564 2,534 2,321
Securities gains (losses), net 97 0 (235)
Other gains (losses), net (169) 723 383
Total noninterest income 59,529 58,942 49,232
Noninterest Expenses      
Salaries 79,129 75,077 66,786
Employee benefits 16,844 16,888 15,313
Total personnel expense 95,973 91,965 82,099
Occupancy expense 11,122 10,793 9,661
Equipment related expenses 5,023 5,627 4,480
Merger and acquisition expenses 192 2,358 8,073
Intangibles amortization 4,858 5,917 4,033
Foreclosed property losses, net 939 565 531
Other operating expenses 39,087 39,258 36,604
Total noninterest expenses 157,194 156,483 145,481
Income before income taxes 116,276 113,478 67,739
Income tax expense 24,230 24,189 21,767
Net income $ 92,046 $ 89,289 $ 45,972
Earnings per common share: Basic (in usd per shares) $ 3.10 $ 3.02 $ 1.82
Diluted (in dollars per share) 3.10 3.01 1.82
Dividends declared per common share (in usd per shares) $ 0.54 $ 0.40 $ 0.32
Weighted average common shares outstanding:      
Basic (in shares) 29,547,851 29,566,259 25,210,606
Diluted (in shares) 29,720,499 29,707,431 25,291,382