XML 21 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest Income      
Interest and fees on loans $ 368,606 $ 308,510 $ 274,488
Interest and dividends on investment securities 17,907 12,214 9,629
Interest on balances with other banks and short-term investments 6,616 3,258 1,654
Interest on federal funds sold 157 52 34
Total interest income 393,286 324,034 285,805
Interest Expense      
Interest on deposits 60,210 27,286 19,248
Interest on customer repurchase agreements 225 197 167
Interest on short-term borrowings 3,942 748 732
Interest on long-term borrowings 11,916 11,916 7,493
Total interest expense 76,293 40,147 27,640
Net Interest Income 316,993 283,887 258,165
Provision for Credit Losses 8,660 8,971 11,331
Net Interest Income After Provision For Credit Losses 308,333 274,916 246,834
Noninterest Income      
Service charges on deposits 7,014 6,364 5,821
Gain on sale of loans 5,963 9,275 11,564
Gain on sale of investment securities 97 542 1,194
Increase in the cash surrender value of bank owned life insurance 1,507 1,711 1,554
Other income 8,005 11,480 7,151
Total noninterest income 22,586 29,372 27,284
Noninterest Expense      
Salaries and employee benefits 67,734 67,129 67,010
Premises and equipment expenses 15,660 15,632 15,118
Marketing and advertising 4,566 4,095 3,495
Data processing 9,714 8,220 7,747
Legal, accounting and professional fees 9,742 5,053 3,673
FDIC insurance 3,512 2,554 2,718
Other expenses 15,783 15,869 15,255
Total noninterest expense 126,711 118,552 115,016
Income Before Income Tax Expense 204,208 185,736 159,102
Income Tax Expense 51,932 85,504 61,395
Net Income $ 152,276 $ 100,232 $ 97,707
Earnings Per Common Share      
Basic (in dollars per share) $ 4.44 $ 2.94 $ 2.91
Diluted (in dollars per share) $ 4.42 $ 2.92 $ 2.86