XML 58 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Operations (Unaudited) - Scenario, Unspecified [Domain] - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Interest Income        
Interest and fees on loans $ 59,878 $ 42,316 $ 117,057 $ 82,679
Interest and dividends on investment securities 2,305 2,323 4,444 4,656
Interest on balances with other banks and short-term investments 238 116 376 254
Interest on federal funds sold 2 4 11 7
Total interest income 62,423 44,759 121,888 87,596
Interest Expense        
Interest on deposits 3,687 2,324 6,929 4,736
Interest on customer repurchase agreements 34 31 61 69
Interest on short-term borrowings     54  
Interest on long-term borrowings 1,152 384 2,563 764
Total interest expense 4,873 2,739 9,607 5,569
Net Interest Income 57,550 42,020 112,281 82,027
Provision for Credit Losses 3,471 3,134 6,781 5,068
Net Interest Income After Provision For Credit Losses 54,079 38,886 105,500 76,959
Noninterest Income        
Service charges on deposits 1,283 1,219 2,616 2,411
Gain on sale of loans 3,294 1,021 6,881 2,864
Gain on sale of investment securities   2 2,164 10
Loss on early extinguishment of debt     (1,130)  
Increase in the cash surrender value of bank owned life insurance 406 310 796 624
Other income 1,250 1,259 2,710 2,365
Total noninterest income 6,233 3,811 14,037 8,274
Noninterest Expense        
Salaries and employee benefits 14,683 13,015 30,389 26,623
Premises and equipment expenses 4,072 3,107 8,082 6,196
Marketing and advertising 735 415 1,420 877
Data processing 1,838 1,432 3,622 3,020
Legal, accounting and professional fees 870 799 1,852 1,773
FDIC insurance 783 563 1,554 1,107
Merger expenses 26 576 137 576
Other expenses 3,591 2,228 7,615 5,061
Total noninterest expense 26,598 22,135 54,671 45,233
Income Before Income Tax Expense 33,714 20,562 64,866 40,000
Income Tax Expense 12,776 7,618 24,510 14,557
Net Income 20,938 12,944 40,356 25,443
Preferred Stock Dividends 179 142 359 283
Net Income Available to Common Shareholders $ 20,759 $ 12,802 $ 39,997 $ 25,160
Earnings Per Common Share        
Basic (in Dollars per share) $ 0.62 $ 0.49 $ 1.24 $ 0.97
Diluted (in Dollars per share) $ 0.61 $ 0.48 $ 1.22 $ 0.95