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Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Interest and Dividend Income        
Loans receivable $ 303,336 $ 273,478 $ 605,864 $ 534,657
Investment securities 15,644 12,370 30,595 24,134
Federal Home Loan Bank stock 499 298 930 602
Deposits with banks 13,381 13,959 28,113 26,098
Total interest and dividend income 332,860 300,105 665,502 585,491
Interest Expense        
Time deposits 118,076 79,975 227,622 144,149
Other deposits 44,512 30,659 87,300 54,476
Advances from Federal Home Loan Bank 2,316 5,498 11,632 8,096
Long-term debt 1,863 1,552 3,584 2,995
Short-term debt 777 888 1,476 1,807
Total interest expense 167,544 118,572 331,614 211,523
Net interest income before provision for credit losses 165,316 181,533 333,888 373,968
Provision for credit losses (6,600) (9,155) (8,500) (17,255)
Net interest income after provision for credit losses 158,716 172,378 325,388 356,713
Non-Interest Income        
Net (losses)/gains from equity securities (1,430) 10,663 (10,457) 15,516
Net gains/(losses) from securities available for sale 0 0 1,107 (3,000)
Letters of credit commissions 1,888 1,664 3,605 3,234
Other operating income 5,301 5,503 10,927 10,595
Total non-interest income 13,215 23,110 19,826 37,354
Non-Interest Expense        
Salaries and employee benefits 40,439 37,048 83,991 75,274
Occupancy expense 5,652 5,528 11,619 11,032
Computer and equipment expense 5,391 4,227 10,459 8,512
Professional services expense 8,212 8,900 15,204 16,306
Data processing service expense 3,877 3,672 7,806 7,396
FDIC and regulatory assessments 3,742 3,012 9,831 6,167
Marketing expense 1,474 2,416 3,388 3,190
Other real estate owned expense 1,482 81 1,735 131
Amortization of investments in low-income housing and alternative energy partnerships 23,396 21,746 37,828 37,340
Amortization of core deposit intangibles 259 559 598 809
Other operating expense 5,428 5,632 10,132 9,850
Total non-interest expense 99,352 92,821 192,591 176,007
Income before income tax expense 72,579 102,667 152,623 218,060
Income tax expense 5,750 9,447 14,359 28,833
Net income 66,829 93,220 138,264 189,227
Other Comprehensive Income/(Loss), net of tax        
Net holding (losses)/gains on securities available-for-sale (448) (7,531) (6,870) 4,128
Net holding losses on cash flow hedge derivatives (333) (441) (774) (882)
Total other comprehensive (loss)/income, net of tax (781) (7,972) (7,644) 3,246
Total other comprehensive income $ 66,048 $ 85,248 $ 130,620 $ 192,473
Net Income Per Common Share:        
Basic (in dollars per share) $ 0.92 $ 1.29 $ 1.9 $ 2.61
Diluted (in dollars per share) 0.92 1.28 1.9 2.6
Cash dividends paid per common share (in dollars per share) $ 0.34 $ 0.34 $ 0.68 $ 0.68
Average Common Shares Outstanding:        
Basic (in shares) 72,658,810 72,536,301 72,666,392 72,534,779
Diluted (in shares) 72,825,356 72,753,746 72,898,256 72,826,301
Deposit Account [Member]        
Non-Interest Income        
Non-Interest Income $ 1,778 $ 1,641 $ 3,328 $ 3,473
Asset Management [Member]        
Non-Interest Income        
Non-Interest Income $ 5,678 $ 3,639 $ 11,316 $ 7,536