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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
INTEREST INCOME:      
Loans receivable $ 655,590 $ 577,891 $ 450,916
Mortgage-backed securities 66,085 72,352 67,585
Securities and cash equivalents 44,428 51,329 54,068
Total interest income 766,103 701,572 572,569
INTEREST EXPENSE:      
Deposits 199,465 100,126 10,124
FHLB advances 8,941 10,524 489
Other borrowings 4,299 3,376 377
Subordinated debt 11,682 11,541 8,400
Total interest expense 224,387 125,567 19,390
Net interest income 541,716 576,005 553,179
Provision for Loan, Lease, and Other Losses 7,581 10,789 10,364
Interest Income (Expense), after Provision for Loan Loss, Total 534,135 565,216 542,815
NON-INTEREST INCOME      
Deposit fees and other service charges 43,371 41,638 44,459
Mortgage banking operations 12,207 11,817 10,834
Bank Owned Life Insurance Income 9,193 9,245 7,794
Miscellaneous 8,289 5,169 6,805
Other operating income 73,060 67,869 69,892
Net loss on sale of securities (5,190) (19,242) (3,248)
Net change in valuation of financial instruments carried at fair value (982) (4,218) 807
Gain on sale of branches, including related deposits 0 0 7,804
Total non-interest income 66,888 44,409 75,255
NON-INTEREST EXPENSE:      
Salary and employee benefits 250,555 244,563 242,266
Less capitalized loan origination costs (16,857) (16,257) (24,313)
Occupancy and equipment 48,771 47,886 52,018
Information and computer data services 29,165 28,445 25,986
Payment and card processing services 22,518 20,547 21,195
Professional and legal expenses 7,858 9,830 14,005
Advertising and marketing 5,149 4,794 3,959
Deposit insurance 11,398 10,529 6,649
State and municipal business and use taxes 5,648 5,260 4,693
Real estate operations, net 293 (538) (104)
Amortization of core deposit intangibles 2,626 3,756 5,279
Loss on extinguishment of debt 0 0 793
Miscellaneous 24,414 23,723 24,869
Total non-interest expense 391,538 382,538 377,295
Income before provision for income taxes 209,485 227,087 240,775
Income Tax Expense (Benefit) 40,587 43,463 45,397
NET INCOME $ 168,898 $ 183,624 $ 195,378
Earnings per common share:      
Basic (in dollars per share) $ 4.90 $ 5.35 $ 5.70
Diluted (in dollars per share) 4.88 5.33 5.67
Cumulative dividends declared per common share (in dollars per share) $ 1.92 $ 1.92 $ 1.76
Weighted average number of common shares outstanding:      
Basic 34,470,057 34,344,142 34,264,322
Diluted 34,628,710 34,450,412 34,459,922