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Consolidated Statements of Income - 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:        
Real estate secured loans $ 156,318 $ 99,302 $ 263,774 $ 195,290
Commercial loans 58,532 31,426 94,632 60,109
Consumer loans 8,351 4,431 12,874 8,673
Available for sale debt securities, equity securities and Federal Home Loan Bank stock 20,394 11,432 32,724 22,862
Held to maturity debt securities 2,357 2,357 4,625 4,725
Due from banks, Federal funds sold and other short-term investments 1,859 948 3,041 1,793
Total interest income 247,811 149,896 411,670 293,452
Interest expense:        
Deposits 81,058 36,447 133,592 63,957
Borrowed funds 20,566 14,088 37,949 21,564
Subordinated debt 4,681 255 4,953 501
Total interest expense 106,305 50,790 176,494 86,022
Net interest income 141,506 99,106 235,176 207,430
Provision charge for credit losses 69,705 9,750 69,385 16,490
Net interest income after provision charge for credit losses 71,801 89,356 165,791 190,940
Non-interest income:        
Fees 8,699 5,775 14,611 12,162
Wealth management income 7,769 6,919 15,257 13,834
Insurance agency income 4,488 3,847 9,281 7,950
Bank-owned life insurance 3,323 1,534 5,140 3,018
Net (loss) gain on securities transactions (2,973) 29 (2,974) 24
Other income 969 1,283 1,766 4,552
Total non-interest income 22,275 19,387 43,081 41,540
Non-interest expense:        
Compensation and employee benefits 54,888 35,283 94,936 74,021
Net occupancy expense 11,142 7,949 19,662 16,360
Data processing expense 8,433 5,716 15,217 11,224
FDIC insurance 3,100 2,125 5,372 4,061
Amortization of intangibles 6,483 749 7,188 1,511
Advertising and promotion expense 1,171 1,379 2,137 2,589
Merger-related expenses 18,915 1,960 21,117 3,060
Other operating expenses 11,262 9,949 21,592 21,032
Total non-interest expense 115,394 65,110 187,221 133,858
(Loss) Income before income tax expense (21,318) 43,633 21,651 98,622
Income tax (benefit) expense (9,833) 11,630 1,055 26,083
Net (loss) income $ (11,485) $ 32,003 $ 20,596 $ 72,539
Basic earnings per share (usd per share) $ (0.11) $ 0.43 $ 0.23 $ 0.97
Weighted average basic shares outstanding (in shares) 102,957,521 74,823,272 89,108,775 74,734,795
Diluted earnings per share (usd per share) $ (0.11) $ 0.43 $ 0.23 $ 0.97
Weighted average diluted shares outstanding (in shares) 102,957,521 74,830,187 89,116,590 74,766,848