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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest and dividend income:      
Interest and fees on loans $ 461,376 $ 255,672 $ 181,816
Interest and dividends on investment securities 26,331 24,200 17,325
Dividends on non-marketable securities 3,253 1,034 838
Interest on interest-bearing bank deposits 4,455 3,782 986
Total interest and dividend income 495,415 284,688 200,965
Interest expense:      
Interest on deposits 109,378 14,596 13,602
Interest on borrowings 24,086 3,257 219
Total interest expense 133,464 17,853 13,821
Net interest income before provision for credit losses 361,951 266,835 187,144
Provision for credit loss expense (release) 8,295 36,729 (9,293)
Net interest income after provision for credit losses 353,656 230,106 196,437
Non-interest income:      
Non-interest income 46,924 37,654 35,759
Mortgage banking income 13,634 23,774 63,360
Bank-owned life insurance income 3,269 2,272 2,208
Other non-interest income 9,153 6,610 12,209
Total non-interest income 63,917 67,312 110,364
Non-interest expense:      
Salaries and benefits 137,701 124,971 127,504
Occupancy and equipment 37,552 31,496 25,283
Data processing 13,110 12,657 9,310
Marketing and business development 4,002 3,821 2,509
FDIC deposit insurance 7,008 2,121 1,850
Bank card expenses 5,769 5,480 5,177
Professional fees 10,464 14,418 5,423
Other non-interest expense 18,979 13,932 13,591
Other intangible assets amortization 7,386 2,338 1,183
Total non-interest expense 241,971 211,234 191,830
Income before income taxes 175,602 86,184 114,971
Income tax expense 33,554 14,910 21,365
Net income $ 142,048 $ 71,274 $ 93,606
Earnings per share-basic (in dollars per share) $ 3.74 $ 2.20 $ 3.04
Earnings per share-diluted (in dollars per share) $ 3.72 $ 2.18 $ 3.01
Weighted average number of common shares outstanding:      
Basic (Shares) 37,937,579 32,360,005 30,727,566
Diluted (Shares) 38,111,208 32,680,932 31,068,159
Service charges      
Non-interest income:      
Non-interest income $ 18,225 $ 16,357 $ 14,894
Bank card fees      
Non-interest income:      
Non-interest income $ 19,636 $ 18,299 $ 17,693