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Consolidated Statements of Income (Loss) - Unaudited - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Interest income:        
Loans and leases $ 153,608 $ 118,447 $ 305,725 $ 234,527
Investment securities 8,327 6,155 16,306 11,132
Other 946 616 1,965 4,902
Total interest income 162,881 125,218 323,996 250,561
Interest expense:        
Deposits 15,653 23,238 31,311 57,591
FHLB advances 963 4,736 6,155 10,127
Subordinated debt 2,689 2,689 5,378 5,378
FRB PPP liquidity facility, federal funds purchased and other borrowings 4,819 2,573 9,664 4,163
Total interest expense 24,124 33,236 52,508 77,259
Net interest income 138,757 91,982 271,488 173,302
Provision for credit losses on loans and leases 3,291 20,946 372 52,732
Net interest income after provision for credit losses on loans and leases 135,466 71,036 271,116 120,570
Non-interest income:        
Commercial lease income 5,311 4,508 10,516 8,776
Bank-owned life insurance 2,765 1,757 4,444 3,519
Mortgage warehouse transactional fees 3,265 2,582 7,512 4,533
Gain (loss) on sale of SBA and other loans 1,900 23 3,475 34
Mortgage banking income 386 38 849 334
Gain (loss) on sale of investment securities 1,812 4,353 25,378 8,328
Unrealized gain (loss) on investment securities 1,746 1,200 2,720 (178)
Loss on sale of foreign subsidiaries (2,840) 0 (2,840) 0
Unrealized gain (loss) on derivatives (439) (4,158) 2,098 (5,304)
Loss on cash flow hedge derivative terminations 0 0 (24,467) 0
Other 1,941 713 3,682 1,312
Total non-interest income 16,822 11,711 35,290 22,871
Non-interest expense:        
Salaries and employee benefits 28,023 23,192 51,994 43,716
Technology, communication and bank operations 19,618 11,103 39,606 21,642
Professional services 8,234 2,974 14,523 6,519
Occupancy 2,482 2,639 5,103 5,252
Commercial lease depreciation 4,415 3,643 8,706 7,070
FDIC assessments, non-income taxes and regulatory fees 2,602 2,368 5,321 5,235
Merger and acquisition related expenses 0 0 418 0
Loan workout 102 1,808 (159) 2,175
Advertising and promotion 313 372 874 1,795
Other 5,034 1,692 6,364 5,354
Total non-interest expense 70,823 49,791 132,750 98,758
Income before income tax expense 81,465 32,956 173,656 44,683
Income tax expense 20,124 7,980 37,684 11,254
Net income from continuing operations 61,341 24,976 135,972 33,429
Loss from discontinued operations before income taxes 0 (3,190) (20,354) (9,911)
Income tax expense (benefit) from discontinued operations 0 (932) 17,682 (2,299)
Net loss from discontinued operations 0 (2,258) (38,036) (7,612)
Net income 61,341 22,718 97,936 25,817
Preferred stock dividends 3,299 3,581 6,690 7,196
Net income available to common shareholders $ 58,042 $ 19,137 $ 91,246 $ 18,621
Basic earnings per common share from continuing operations (usd per share) $ 1.80 $ 0.68 $ 4.03 $ 0.83
Basic earnings per common share (usd per share) 1.80 0.61 2.84 0.59
Diluted earnings per common share from continuing operations (usd per share) 1.72 0.68 3.88 0.83
Diluted earnings per common share (usd per share) $ 1.72 $ 0.61 $ 2.74 $ 0.59
Interchange and card revenue        
Non-interest income:        
Non-interest income $ 84 $ 193 $ 169 $ 463
Deposit fees        
Non-interest income:        
Non-interest income $ 891 $ 502 $ 1,754 $ 1,054