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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest and dividend income:    
Interest and fees on loans $ 123,736 $ 105,121
Interest and dividends on investment securities 6,617 6,861
Dividends on non-marketable securities 616 898
Interest on interest-bearing bank deposits 763 653
Total interest and dividend income 131,732 113,533
Interest expense:    
Interest on deposits 43,998 11,049
Interest on borrowings 3,704 7,595
Total interest expense 47,702 18,644
Net interest income before provision for credit losses 84,030 94,889
Provision for credit loss expense   900
Net interest income after provision for credit losses 84,030 93,989
Non-interest income:    
Non-interest income 11,008 10,072
Mortgage banking income 2,655 3,216
Bank-owned life insurance income 733 645
Other non-interest income 5,337 2,066
Total non-interest income 17,694 14,665
Non-interest expense:    
Salaries and benefits 36,520 32,989
Occupancy and equipment 9,941 9,073
Data processing 4,066 3,752
Marketing and business development 962 870
FDIC deposit insurance 1,345 2,178
Bank card expenses 1,349 1,328
Professional fees 1,646 2,590
Other non-interest expense 4,997 4,149
Other intangible assets amortization 2,008 1,363
Total non-interest expense 62,834 58,292
Income before income taxes 38,890 50,362
Income tax expense 7,499 10,079
Net income $ 31,391 $ 40,283
Earnings per share-basic (in dollars per share) $ 0.82 $ 1.06
Earnings per share-diluted (in dollars per share) $ 0.82 $ 1.06
Weighted average number of common shares outstanding:    
Basic (Shares) 38,031,358 37,785,488
Diluted (Shares) 38,188,480 38,074,973
Service charges    
Non-interest income:    
Non-interest income $ 4,391 $ 4,101
Bank card fees    
Non-interest income:    
Non-interest income $ 4,578 $ 4,637