XML 23 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest income:      
Interest and fees on loans $ 185,452 $ 137,738 $ 122,370
Interest on debt securities:      
Taxable 14,551 9,590 8,842
Nontaxable 1,283 1,300 1,215
Interest on interest-bearing deposits 804 370 211
Dividends on equity securities 449 226 141
Total interest income 202,539 149,224 132,779
Interest expense:      
Interest-bearing transaction accounts 2,195 1,370 1,149
Money market accounts 8,708 4,439 2,993
Savings accounts 459 262 219
Certificates of Deposit 5,838 4,770 6,051
Subordinated debentures and notes 5,095 1,894 1,248
Federal Home Loan Bank advances 2,356 555 127
Notes payable and other borrowings 584 439 582
Total interest expense 25,235 13,729 12,369
Net interest income 177,304 135,495 120,410
Provision for portfolio loan losses 10,764 5,551 4,872
Provision reversal for purchased credit impaired loan losses (634) (1,946) (4,414)
Net interest income after provision for loan losses 167,174 131,890 119,952
Noninterest income:      
Service charges on deposit accounts 11,043 8,615 7,923
Wealth management revenue 8,102 6,729 7,007
Card services revenue 5,433 3,130 2,496
Gain on state tax credits, net 2,581 2,647 2,720
Gain on sale of other real estate 93 1,837 142
Gain on sale of investment securities 22 86 23
Change in FDIC loss share receivable 0 0 (5,030)
Miscellaneous income 7,120 6,015 5,394
Total noninterest income 34,394 29,059 20,675
Noninterest expense:      
Employee compensation and benefits 61,388 49,846 46,095
Occupancy 9,057 6,889 6,573
Data processing 6,272 4,723 4,339
Professional fees 3,813 3,825 3,465
FDIC and other insurance 3,194 3,018 2,790
Loan legal and other real estate expense 2,220 1,635 1,812
FDIC Loss Share Termination 0 0 2,436
FDIC clawback 0 0 760
Merger Related Expenses 6,462 1,386 0
Other 22,645 14,788 13,956
Total noninterest expense 115,051 86,110 82,226
Income before income tax expense 86,517 74,839 58,401
Income tax expense 38,327 26,002 19,951
Net income $ 48,190 $ 48,837 $ 38,450
Earnings per common share      
Basic (usd per share) $ 2.10 $ 2.44 $ 1.92
Diluted (usd per share) $ 2.07 $ 2.41 $ 1.89