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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest and dividend income:      
Loans, including fees $ 160,723 $ 121,567 $ 84,244
Factored receivables, including fees 92,103 47,177 35,213
Securities 6,354 6,823 4,309
FHLB stock 507 207 73
Cash deposits 3,289 1,450 653
Total interest income 262,976 177,224 124,492
Interest expense:      
Deposits 23,058 13,082 9,156
Subordinated notes 3,351 3,344 835
Junior subordinated debentures 2,741 1,955 1,427
Other borrowings 6,776 3,159 716
Total interest expense 35,926 21,540 12,134
Net interest income 227,050 155,684 112,358
Provision for loan losses 16,167 11,628 6,693
Net interest income after provision for loan losses 210,883 144,056 105,665
Noninterest income:      
Net OREO gains (losses) and valuation adjustments (514) (850) (1,427)
Net gains (losses) on sale of securities (272) 35 (56)
Insurance commissions 3,492 2,981 1,295
Gain on sale of subsidiary or division 1,071 20,860  
Other 2,060 5,407 6,151
Total noninterest income 22,970 40,656 20,956
Noninterest expense:      
Salaries and employee benefits 90,212 72,696 54,531
Occupancy, furniture and equipment 14,023 9,833 7,301
FDIC insurance and other regulatory assessments 1,129 1,201 913
Professional fees 8,939 7,192 5,529
Amortization of intangible assets 6,980 5,201 3,782
Advertising and promotion 4,974 3,226 2,716
Communications and technology 18,270 8,843 6,491
Other 22,826 15,422 11,849
Total noninterest expense 167,353 123,614 93,112
Net income before income tax expense 66,500 61,098 33,509
Income tax expense 14,792 24,878 12,809
Net income 51,708 36,220 20,700
Dividends on preferred stock (578) (774) (887)
Net income available to common stockholders $ 51,130 $ 35,446 $ 19,813
Earnings per common share      
Basic $ 2.06 $ 1.85 $ 1.11
Diluted $ 2.03 $ 1.81 $ 1.10
Service charges on deposits      
Noninterest income:      
Revenue $ 5,469 $ 4,181 $ 3,447
Card income      
Noninterest income:      
Revenue 6,514 3,822 2,732
Fee income      
Noninterest income:      
Revenue $ 5,150 2,503 2,240
Asset management fees      
Noninterest income:      
Revenue   $ 1,717 $ 6,574