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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
Interest and dividend income      
Loans, including fees $ 76,234 $ 73,605 $ 61,345
Securities 7,309 6,934 6,501
Other interest-earning assets 726 1,034 772
Total interest and dividend income 84,269 81,573 68,618
Interest expense      
Deposits 1,388 2,072 4,286
Federal Home Loan Bank advances 2,953 2,977 3,112
Long-term debt and other interest-bearing liabilities 3,487 3,485 3,304
Total interest expense 7,828 8,534 10,702
Net interest income 76,441 73,039 57,916
(Reversal of) provision for credit losses (31,542) 11,262 (1,107)
Net interest income after (reversal of) provision for credit losses 107,983 61,777 59,023
Noninterest income      
Customer service fees 2,434 2,037 1,758
Loan servicing income 212 119 268
Income from bank owned life insurance 796 794 672
Net gain on sale of securities available-for-sale 16 0 0
Net gain on sale of loans 0 275 0
Other income 2,452 1,635 1,683
Total noninterest income 5,910 4,860 4,381
Noninterest expense      
Salaries and employee benefits 28,987 27,811 25,719
Occupancy and equipment 7,855 7,855 7,196
Professional fees 2,907 3,921 4,022
Data processing 1,828 1,939 1,655
Regulatory assessments 775 1,040 774
Loss (gain) on investments in alternative energy partnerships 158 (1,220) 3,630
Reversal of provision for loan repurchases (471) (675) (132)
Amortization of intangible assets 441 430 282
Merger-related costs 0 13,469 700
All other expense 4,116 3,557 2,889
Total noninterest expense 46,596 58,127 46,735
Income from operations before income taxes 67,297 8,510 16,669
Income tax expense 18,785 2,759 2,294
Net income 48,512 5,751 14,375
Preferred stock dividends 1,420 1,727 3,141
Income allocated to participating securities 0 0 62
Impact of preferred stock redemption 3,747 0 3,347
Net income available to common stockholders 43,345 $ 4,024 7,825
Voting      
Noninterest expense      
Preferred stock dividends 1,409   3,111
Income allocated to participating securities     61
Impact of preferred stock redemption $ 3,718   $ 3,316
Earnings per common share:      
Basic (in dollars per share) $ 0.69 $ 0.07 $ 0.16
Diluted (loss) earnings per common share      
Diluted (in dollars per share) $ 0.69 0.07 $ 0.15
Class B Common Stock      
Noninterest expense      
Preferred stock dividends $ 11   $ 30
Income allocated to participating securities     1
Impact of preferred stock redemption $ 29   $ 31
Earnings per common share:      
Basic (in dollars per share) $ 0.69 0.07 $ 0.16
Diluted (loss) earnings per common share      
Diluted (in dollars per share) $ 0.69 $ 0.07 $ 0.15