Consolidated Statements of Income - USD ($)
$ in Thousands |
12 Months Ended |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
| Interest income |
|
|
|
| Loans, including fees |
$ 107,440
|
$ 77,537
|
$ 74,867
|
| Federal funds sold |
15
|
2
|
1
|
| Taxable investment securities |
10,703
|
10,612
|
9,318
|
| Tax-exempt investment securities |
556
|
579
|
631
|
| Nonmarketable equity securities |
621
|
500
|
362
|
| Interest on deposits at banks |
181
|
82
|
118
|
| Total interest income |
119,516
|
89,312
|
85,297
|
| Interest expense |
|
|
|
| Money market, NOW and savings deposits |
3,925
|
2,449
|
2,270
|
| Time deposits |
5,763
|
3,202
|
3,155
|
| Short-term borrowings |
1,251
|
528
|
86
|
| Long-term borrowings |
1,600
|
367
|
513
|
| Junior subordinated debt |
1,936
|
1,385
|
1,631
|
| Total interest expense |
14,475
|
7,931
|
7,655
|
| Net interest income |
105,041
|
81,381
|
77,642
|
| Provision for loan losses |
2,630
|
723
|
(1,286)
|
| Net interest income after provision for loan losses |
102,411
|
80,658
|
78,928
|
| Service charges on deposit accounts |
6,449
|
4,934
|
3,881
|
| Income from fiduciary activities |
2,331
|
3,090
|
2,748
|
| Commissions and fees from investment brokerage |
757
|
512
|
452
|
| Income from capital market activities |
2,584
|
1,467
|
646
|
| Gain (Loss) on sale of securities available-for-sale |
(87)
|
54
|
180
|
| Bankcard services income |
2,792
|
2,507
|
2,632
|
| Mortgage banking income |
3,428
|
3,306
|
2,641
|
| Income from bank-owned life insurance |
2,709
|
2,749
|
2,688
|
| Amortization of indemnification asset |
0
|
(705)
|
(3,203)
|
| Loss share true-up liability expense |
(311)
|
(181)
|
(587)
|
| Other noninterest income |
742
|
510
|
1,875
|
| Total noninterest income |
21,394
|
18,243
|
13,953
|
| Salaries and employee benefits |
48,027
|
39,945
|
39,538
|
| Occupancy and equipment |
12,854
|
10,317
|
10,409
|
| Advertising and promotion |
1,086
|
1,263
|
1,494
|
| Legal and professional fees |
3,522
|
3,402
|
3,486
|
| Deposit charges and FDIC insurance |
1,706
|
1,639
|
1,491
|
| Data processing and outside service fees |
12,183
|
6,625
|
6,449
|
| Communication fees |
2,024
|
2,099
|
1,974
|
| Core deposit intangible amortization |
1,832
|
1,389
|
1,269
|
| Net cost of operation of other real estate owned |
255
|
406
|
817
|
| Loan and collection expense |
792
|
740
|
1,350
|
| Postage and supplies |
604
|
488
|
667
|
| Other noninterest expense |
9,351
|
5,840
|
4,990
|
| Total noninterest expense |
94,236
|
74,153
|
73,934
|
| Income before income taxes |
29,569
|
24,748
|
18,947
|
| Income tax expense |
9,621
|
8,142
|
6,058
|
| Net income |
$ 19,948
|
$ 16,606
|
$ 12,889
|
| Basic earnings per common share (in dollars per share) |
$ 0.38
|
$ 0.38
|
$ 0.29
|
| Diluted earnings per common share (in dollars per share) |
$ 0.38
|
$ 0.37
|
$ 0.29
|
| Weighted-average common shares outstanding |
|
|
|
| Weighted-average number of common shares outstanding excluding unvested restricted shares (in shares) |
52,450,780
|
43,939,039
|
43,924,457
|
| Diluted (in shares) |
52,850,617
|
44,304,888
|
44,247,000
|