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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest income:      
Interest and fees on loans $ 168,824 $ 147,982 $ 125,493
Interest and dividends on investment securities:      
Taxable 6,799 7,266 10,665
Nontaxable 3,569 3,827 3,550
Dividends 1,421 1,410 1,081
Interest on federal funds sold and other short-term investments 711 756 178
Total interest income 181,324 161,241 140,967
Interest expense:      
Deposits 23,670 18,667 13,756
Borrowings 12,585 12,429 10,058
Total interest expense 36,255 31,096 23,814
Net interest income 145,069 130,145 117,153
Provision for loan losses 6,000 38,700 12,605
Net interest income after provision for loan losses 139,069 91,445 104,548
Noninterest income:      
Annuity and insurance commissions 39 191 242
Income on bank owned life insurance 3,181 2,559 1,782
Net gains on sale of loans held-for-sale 708 232 327
Deposit, loan and other income 2,680 2,704 2,667
Insurance recovery 2,224
Net gains on sale of investment securities 1,596 4,234 3,931
Total noninterest income 8,204 9,920 11,173
Noninterest expense:      
Salaries and employee benefits 35,128 31,030 27,685
Occupancy and equipment 8,163 8,571 7,587
FDIC insurance 3,485 2,940 2,110
Professional and consulting 2,863 2,979 2,951
Marketing and advertising 996 1,040 847
Data processing 4,543 4,141 3,703
Loss on extinguishment of debt 2,397
Amortization of core deposit intangible 724 820 917
Increase in valuation allowance, loans held-for-sale 15,592
Other expenses 7,265 6,986 6,287
Total noninterest expenses 78,759 58,507 54,484
Income before income tax expense 68,514 42,858 61,237
Income tax expense 25,294 11,776 19,926
Net income 43,220 31,082 41,311
Less: Preferred stock dividends 22 112
Net income available to common stockholders $ 43,220 $ 31,060 $ 41,199
Earnings per common share:      
Basic $ 1.35 $ 1.02 $ 1.37
Diluted 1.34 1.01 1.36
Dividends per common share $ 0.300 $ 0.300 $ 0.300