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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Interest and dividend income:        
Loans, including fees $ 57,258 $ 44,131 $ 109,796 $ 84,978
Factored receivables, including fees 39,819 60,026 80,723 121,232
Securities 5,234 1,329 9,347 2,507
FHLB and other restricted stock 219 34 344 110
Cash deposits 2,956 787 5,950 915
Total interest income 105,486 106,307 206,160 209,742
Interest expense:        
Deposits 6,877 2,706 10,079 4,267
Subordinated notes 1,312 1,302 2,621 2,601
Junior subordinated debentures 1,090 556 2,124 1,010
Other borrowings 4,756 315 6,503 357
Total interest expense 14,035 4,879 21,327 8,235
Net interest income (expense) 91,451 101,428 184,833 201,507
Credit loss expense (benefit) 2,643 2,901 5,256 3,402
Net interest income after credit loss expense (benefit) 88,808 98,527 179,577 198,105
Noninterest income:        
Net OREO gains (losses) and valuation adjustments 0 18 0 (114)
Net gains (losses) on sale or call of securities 0 2,514 0 2,514
Net gains (losses) on sale of loans 87 17,269 3 17,203
Insurance commissions 1,303 1,346 2,896 3,018
Other (1,229) 16,996 (1,547) 16,966
Total noninterest income 11,511 48,160 22,533 59,281
Noninterest expense:        
Salaries and employee benefits 54,219 54,257 108,905 100,541
Occupancy, furniture and equipment 7,292 6,507 13,995 12,943
FDIC insurance and other regulatory assessments 796 382 1,141 793
Professional fees 3,035 3,607 6,120 7,266
Amortization of intangible assets 3,001 3,064 5,851 6,172
Advertising and promotion 1,577 1,785 2,921 2,987
Communications and technology 11,397 9,820 22,249 18,932
Other 9,079 9,185 18,495 17,537
Total noninterest expense 90,396 88,607 179,677 167,171
Net income before income tax expense 9,923 58,080 22,433 90,215
Income tax expense 2,273 13,888 3,773 21,694
Net income 7,650 44,192 18,660 68,521
Dividends on preferred stock (802) (802) (1,603) (1,603)
Net income available to common stockholders $ 6,848 $ 43,390 $ 17,057 $ 66,918
Earnings per common share        
Basic (in dollars per share) $ 0.30 $ 1.78 $ 0.73 $ 2.72
Diluted (in dollars per share) $ 0.29 $ 1.74 $ 0.72 $ 2.66
Service charges on deposits        
Noninterest income:        
Revenue $ 1,769 $ 1,664 $ 3,482 $ 3,627
Card income        
Noninterest income:        
Revenue 2,119 2,080 4,087 4,091
Fee income        
Noninterest income:        
Revenue $ 7,462 $ 6,273 $ 13,612 $ 11,976