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CONSOLIDATED INCOME STATEMENTS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income:      
Loans $ 266,841 $ 222,166 $ 228,999
Investment securities 33,825 21,560 21,786
Cash, Fed Funds and other 3,622 569 1,227
Total interest income 304,288 244,295 252,012
Interest expense:      
Deposits 32,013 11,411 33,797
Borrowings 38,968 5,827 9,553
Total interest expense 70,981 17,238 43,350
Net interest income 233,307 227,057 208,662
Provision for credit losses (5,202) (15,000) 20,469
Net interest income after provision for credit losses 238,509 242,057 188,193
Noninterest income:      
Net gain on loan origination and sale activities 17,701 92,318 122,564
Loan servicing income 12,388 7,233 9,491
Deposit fees 8,875 8,068 7,083
Other 12,606 12,356 10,226
Total noninterest income 51,570 119,975 149,364
Noninterest expense:      
Compensation and benefits 115,533 132,015 136,826
Occupancy 24,528 23,832 35,323
Information services 29,981 27,913 30,004
General, administrative and other 35,377 31,583 33,510
Total noninterest expense 205,419 215,343 235,663
Income before income taxes 84,660 146,689 101,894
Income tax expense 18,120 31,267 21,904
Net income $ 66,540 $ 115,422 $ 79,990
Net income per share      
Basic (in dollars per share) $ 3.51 $ 5.53 $ 3.50
Diluted (in dollars per share) $ 3.49 $ 5.46 $ 3.47
Weighted average shares outstanding:      
Basic (in shares) 18,931,107 20,885,509 22,867,268
Diluted (in shares) 19,041,111 21,143,414 23,076,822