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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest income:        
Interest and fees on loans $ 34,183 $ 29,875 $ 66,791 $ 59,483
Interest on debt securities:        
Taxable 2,397 2,117 4,784 4,258
Nontaxable 328 285 660 582
Interest on interest-bearing deposits 58 38 119 85
Dividends on equity securities 67 37 139 95
Total interest income 37,033 32,352 72,493 64,503
Interest expense:        
Interest-bearing transaction accounts 329 279 635 556
Money market accounts 1,013 672 2,019 1,314
Savings accounts 63 54 123 104
Interest Expense, Time Deposits 1,183 1,594 2,202 3,185
Subordinated debentures 361 308 709 610
Federal Home Loan Bank advances 191 24 373 73
Notes payable and other borrowings 110 141 221 336
Total interest expense 3,250 3,072 6,282 6,178
Net interest income 33,783 29,280 66,211 58,325
Provision for portfolio loan losses 716 2,150 1,549 3,730
Provision reversal for purchased credit impaired loan losses (336) 0 (409) (3,270)
Net interest income after provision for loan losses 33,403 27,130 65,071 57,865
Noninterest income:        
Wealth management revenue 1,644 1,778 3,306 3,518
Service charges on deposit accounts 2,188 1,998 4,231 3,854
Other service charges and fee income 952 840 1,820 1,593
Gain on sale of other real estate 706 9 828 29
Gain on state tax credits, net 153 74 671 748
Gain on sale of investment securities 0 0 0 23
Change in FDIC loss share receivable 0 (945) 0 (3,209)
Miscellaneous income 1,406 2,052 2,198 2,833
Total noninterest income 7,049 5,806 13,054 9,389
Noninterest expense:        
Employee compensation and benefits 12,660 11,274 25,307 22,787
Occupancy 1,609 1,621 3,292 3,315
Data processing 1,187 1,127 2,291 2,157
FDIC and other insurance 738 665 1,461 1,391
Loan legal and other real estate expense 353 548 710 826
Professional fees 719 854 1,403 1,826
FHLB prepayment penalty 0 50 0 462
Other 4,087 3,319 7,651 6,644
Total noninterest expense 21,353 19,458 42,115 39,408
Income before income tax expense 19,099 13,478 36,010 27,846
Income tax expense 6,747 4,762 12,633 9,784
Net income $ 12,352 $ 8,716 $ 23,377 $ 18,062
Earnings per common share        
Basic (usd per share) $ 0.62 $ 0.44 $ 1.17 $ 0.91
Diluted (usd per share) $ 0.61 $ 0.43 $ 1.16 $ 0.90