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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Interest income:        
Interest and fees on loans $ 48,020 $ 34,442 $ 135,253 $ 101,233
Interest on debt securities:        
Taxable 3,855 2,410 10,670 7,194
Nontaxable 294 322 984 982
Interest on interest-bearing deposits 173 67 537 186
Dividends on equity securities 126 52 306 191
Total interest income 52,468 37,293 147,750 109,786
Interest expense:        
Interest-bearing transaction accounts 523 332 1,721 967
Money market accounts 2,410 1,143 5,841 3,162
Savings accounts 125 68 332 191
Certificates of deposit 1,493 1,319 4,081 3,521
Subordinated debentures and notes 1,316 369 3,768 1,078
Federal Home Loan Bank advances 832 126 1,684 499
Notes payable and other borrowings 144 106 423 327
Total interest expense 6,843 3,463 17,850 9,745
Net interest income 45,625 33,830 129,900 100,041
Provision for portfolio loan losses 2,422 3,038 7,578 4,587
Provision reversal for purchased credit impaired loan losses 0 (1,194) (355) (1,603)
Net interest income after provision for loan losses 43,203 31,986 122,677 97,057
Noninterest income:        
Service charges on deposit accounts 2,820 2,200 8,146 6,431
Wealth management revenue 2,062 1,694 5,949 5,000
Fees and Commissions, Credit and Debit Cards 1,459 804 3,888 2,236
Gain on state tax credits, net 77 228 332 899
Gain (loss) on sale of other real estate 0 (226) 17 602
Gain on sale of investment securities 22 86 22 86
Miscellaneous income 1,932 2,190 4,928 4,776
Total noninterest income 8,372 6,976 23,282 20,030
Noninterest expense:        
Employee compensation and benefits 15,090 12,091 46,096 37,398
Occupancy 2,434 1,705 6,628 4,997
Data processing 1,389 1,150 4,828 3,441
Professional fees 922 757 2,838 2,160
FDIC and other insurance 882 780 2,356 2,241
Loan legal and other real estate expense 586 416 1,544 1,126
Merger related expenses 315 302 6,462 302
Other 5,786 3,613 16,039 11,264
Total noninterest expense 27,404 20,814 86,791 62,929
Income before income tax expense 24,171 18,148 59,168 54,158
Income tax expense 7,856 6,316 18,507 18,949
Net income $ 16,315 $ 11,832 $ 40,661 $ 35,209
Earnings per common share        
Basic (usd per share) $ 0.70 $ 0.59 $ 1.77 $ 1.76
Diluted (usd per share) $ 0.69 $ 0.59 $ 1.75 $ 1.74