| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
Interest income: | |||||||||
Loans, including fees | |||||||||
172,673 | 150,998 | 143,605 | 111,626 | 96,664 | 93,439 | 92,493 | 86,698 | 87,316 | 86,909 |
Investment securities: | |||||||||
Taxable interest income | |||||||||
5,991 | 4,269 | 4,941 | 4,601 | 4,505 | 3,567 | 4,474 | - | - | - |
Nontaxable interest income | |||||||||
326 | 135 | 292 | 335 | 413 | 443 | 570 | - | - | - |
Investment securities | |||||||||
- | - | - | - | - | - | - | 6,777 | 7,790 | 10,511 |
Other | |||||||||
2,455 | 2,576 | 445 | 80 | 85 | 114 | 33 | 225 | 178 | 163 |
Total interest income | |||||||||
181,445 | 157,978 | 149,283 | 116,642 | 101,667 | 97,563 | 97,570 | 93,700 | 95,284 | 97,583 |
Interest expense: | |||||||||
Deposits | |||||||||
20,849 | 15,722 | 13,194 | 11,349 | 9,707 | 10,418 | 11,073 | 16,309 | 23,445 | 38,621 |
Short-term borrowings | |||||||||
4,530 | 928 | 1,424 | 650 | 406 | 810 | 1,763 | 685 | 1,021 | 616 |
Subordinated debt | |||||||||
6,521 | 6,080 | 5,830 | 3,805 | 1,113 | 2,733 | 4,242 | 4,494 | 4,502 | 4,650 |
Other long-term debt | |||||||||
- | - | - | - | - | - | - | 1,361 | 1,595 | 2,122 |
Total interest expense | |||||||||
31,900 | 22,730 | 20,448 | 15,804 | 11,226 | 13,961 | 17,078 | 22,849 | 30,563 | 46,009 |
Net interest income | |||||||||
149,545 | 135,248 | 128,835 | 100,838 | 90,441 | 83,602 | 80,492 | 70,851 | 64,721 | 51,574 |
Provision for loan losses | |||||||||
5,521 | 4,275 | 8,231 | 4,351 | 531 | 5,440 | 13,420 | 20,325 | 17,125 | 28,800 |
Net interest income after provision for loan losses | |||||||||
144,024 | 130,973 | 120,604 | 96,487 | 89,910 | 78,162 | 67,072 | 50,526 | 47,596 | 22,774 |
Noninterest income: | |||||||||
Bank service fees | |||||||||
17,873 | 16,719 | 17,021 | - | - | - | - | - | - | - |
Indirect lending activities | |||||||||
5,227 | 12,533 | 14,900 | 18,821 | 18,457 | 9,040 | 6,414 | 5,891 | 4,485 | 4,229 |
SBA lending activities | |||||||||
6,728 | 4,540 | 5,659 | 5,265 | 4,987 | 3,640 | 4,944 | 8,463 | 2,435 | 1,099 |
Bank owned life insurance | |||||||||
4,178 | 1,670 | 2,374 | 2,440 | 1,673 | 1,273 | 1,307 | 1,315 | 1,316 | 1,280 |
Securities gains | |||||||||
0 | 0 | 578 | - | - | - | - | - | - | - |
Trust and wealth management fees | |||||||||
2,283 | 1,288 | 628 | - | - | - | - | - | - | - |
Other | |||||||||
1,409 | 1,703 | 2,004 | 5,892 | 5,635 | 8,149 | 10,611 | 3,273 | 1,465 | 683 |
Securities gains (losses) | |||||||||
- | - | - | -329 | 0 | 189 | 307 | 1,078 | 2,291 | 5,308 |
Total noninterest income | |||||||||
138,851 | 134,952 | 141,325 | 127,888 | 95,320 | 96,878 | 87,961 | 51,439 | 42,909 | 33,978 |
Noninterest expense: | |||||||||
Salaries and employee benefits | |||||||||
113,522 | 103,366 | 96,684 | 76,871 | 67,006 | 57,645 | 47,832 | 36,062 | 42,573 | 33,261 |
Commissions | |||||||||
36,129 | 34,573 | 33,907 | 27,342 | 19,988 | 24,676 | 21,817 | 11,463 | - | - |
Furniture and equipment | |||||||||
- | - | - | - | - | - | - | - | 2,721 | 2,721 |
Occupancy and equipment | |||||||||
18,810 | 18,164 | 17,890 | 15,877 | 12,985 | 10,342 | 9,253 | 7,579 | 4,480 | 4,421 |
Professional and other services | |||||||||
17,570 | 18,343 | 15,224 | 12,119 | 3,897 | 3,031 | 2,502 | 2,158 | 1,878 | 1,617 |
Professional and other services | |||||||||
- | - | - | - | - | - | - | - | 4,790 | 4,916 |
Cost of operation of other real estate | |||||||||
- | - | - | - | - | - | - | - | 6,995 | 6,859 |
FDIC insurance premiums | |||||||||
- | - | - | - | - | - | - | - | 3,534 | 3,666 |
Other | |||||||||
39,261 | 36,424 | 37,315 | 30,737 | 34,878 | 36,631 | 33,993 | 28,160 | 9,002 | 7,101 |
Total noninterest expense | |||||||||
225,292 | 210,870 | 201,020 | 162,946 | 138,754 | 132,325 | 115,397 | 85,422 | 75,973 | 64,562 |
Income before income tax expense | |||||||||
57,583 | 55,055 | 60,909 | 61,429 | 46,476 | 42,715 | 39,636 | 16,543 | 14,532 | -7,810 |
Income tax expense | |||||||||
13,760 | 15,259 | 22,143 | 22,294 | 16,440 | 15,077 | 14,309 | 5,145 | 4,399 | -3,955 |
Net Income (Loss) Attributable to Parent | |||||||||
43,823 | 39,796 | 38,766 | 39,135 | 30,036 | 27,638 | 25,327 | 11,398 | 10,133 | -3,855 |
Preferred stock dividends and accretion of discount | |||||||||
- | - | - | - | - | 2,463 | 3,293 | 3,293 | 3,293 | 3,293 |
Net income | |||||||||
- | - | - | - | 30,036 | 25,175 | 22,034 | 8,105 | 6,840 | -7,148 |
Earnings Per Share [Abstract] | |||||||||
Basic (in dollars per share) | |||||||||
1.61 | 1.50 | 1.52 | 1.77 | 1.41 | 1.35 | 1.47 | 0.60 | 0.60 | -0.69 |
Diluted (in dollars per share) | |||||||||
1.61 | 1.49 | 1.50 | 1.64 | 1.28 | 1.21 | 1.32 | 0.54 | 0.53 | -0.69 |
Other comprehensive income/(loss), net of tax: | |||||||||
Change in net unrealized gains/(losses) on available-for-sale debt securities, net of tax effect of $1,217 and ($365), respectively | |||||||||
522 | -309 | -494 | -1,474 | 1,846 | -2,460 | 25 | 3,921 | - | - |
Adjustment for net (gains)/losses included in net income, net of tax (expense)/benefit of $0, $0, and ($220) | |||||||||
0 | 0 | 358 | -204 | 0 | 117 | 190 | 669 | - | - |
Net income | |||||||||
43,823 | 39,796 | 38,766 | 39,135 | - | - | - | - | - | -3,855 |
Total other comprehensive income/(loss), net of tax | |||||||||
522 | -309 | -852 | -1,270 | 1,846 | -2,577 | -165 | 3,252 | 522 | - |
Comprehensive income | |||||||||
44,345 | 39,487 | 37,914 | 37,865 | 31,882 | 25,061 | 25,162 | 14,650 | 10,655 | - |
Weighted average shares outstandingbasic (in shares) | |||||||||
- | - | - | - | - | - | - | 13,569 | 11,492 | 10,426 |
Weighted average shares outstandingdiluted (in shares) | |||||||||
- | - | - | - | - | - | - | 15,003 | 12,933 | 10,426 |
Service charges on deposit accounts | |||||||||
Bank service fees | |||||||||
6,427 | 6,019 | 5,941 | 4,955 | 4,438 | 4,156 | 4,686 | 4,143 | 4,284 | 4,413 |
Other fees and charges | |||||||||
Bank service fees | |||||||||
9,522 | 8,402 | 7,664 | 5,304 | 4,349 | 3,871 | 3,360 | 2,613 | 2,155 | 2,005 |
Mortgage banking activities | |||||||||
Bank service fees | |||||||||
- | - | - | 85,540 | 55,781 | 66,560 | 56,332 | 24,663 | 24,478 | 14,961 |
Residential mortgage servicing rights | |||||||||
Bank servicing fees | |||||||||
103,077 | 98,797 | 101,577 | - | - | - | - | - | - | - |