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Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest and dividend income        
Loans, including fees $ 46,614 $ 21,315 $ 121,209 $ 64,337
Loans held-for-sale 22 39 111 132
Securities:        
Taxable 9,116 1,854 21,071 5,301
Tax exempt 1,332 1,266 3,946 3,832
Dividends from FHLBC and FRBC stock 261 114 677 342
Interest bearing deposits with financial institutions 663 203 1,714 432
Total interest and dividend income 58,008 24,791 148,728 74,376
Interest expense        
Savings, NOW, and money market deposits 380 209 1,124 667
Time deposits 335 330 877 1,239
Securities sold under repurchase agreements 10 15 30 67
Other short-term borrowings 44   44  
Junior subordinated debentures 285 286 849 850
Subordinated debentures 546 547 1,639 1,064
Senior notes 728 673 1,791 2,019
Notes payable and other borrowings 111 113 309 355
Total interest expense 2,439 2,173 6,663 6,261
Net interest and dividend income 55,569 22,618 142,065 68,115
Provision for (release of) credit losses 4,500 (1,500) 5,050 (8,000)
Net interest and dividend income after provision for (release of) credit losses 51,069 24,118 137,015 76,115
Noninterest income        
Mortgage servicing rights mark to market gain (loss) 548 (282) 3,608 (202)
Net gain on sales of mortgage loans 449 2,186 1,682 7,802
Securities (losses) gains, net (1) 244 (34) 246
Change in cash surrender value of BOLI 146 406 342 1,163
Card related income 2,653 1,624 8,194 4,737
Other income 2,165 610 3,949 1,637
Total noninterest income 11,496 9,340 34,170 28,559
Noninterest expense        
Salaries and employee benefits 21,011 12,964 62,310 39,366
Occupancy, furniture and equipment 4,119 2,418 10,864 7,188
Computer and data processing 2,543 1,477 12,817 4,079
FDIC insurance 659 211 1,771 604
General bank insurance 257 301 923 854
Amortization of core deposit intangible 657 113 1,981 348
Advertising expense 83 107 459 262
Card related expense 1,453 662 3,044 1,881
Legal fees 212 455 648 645
Consulting & management fees 607 248 1,746 914
Other real estate expense, net 22 25 97 138
Other expense 4,365 3,148 14,829 8,989
Total noninterest expense 35,988 22,129 111,489 65,268
Income before income taxes 26,577 11,329 59,696 39,406
Provision for income taxes 7,054 2,917 15,906 10,295
Net income $ 19,523 $ 8,412 $ 43,790 $ 29,111
Basic earnings per share $ 0.43 $ 0.30 $ 0.98 $ 1.01
Diluted earnings per share 0.43 0.29 0.97 0.99
Dividends declared per share $ 0.05 $ 0.05 $ 0.15 $ 0.11
Trust Income        
Noninterest income        
Service charges on deposits $ 2,280 $ 2,372 $ 7,484 $ 6,912
Deposit Account        
Noninterest income        
Service charges on deposits 2,661 1,368 7,063 3,784
Secondary mortgage fees        
Noninterest income        
Service charges on deposits 81 240 270 834
Bank Servicing        
Noninterest income        
Service charges on deposits $ 514 $ 572 $ 1,612 $ 1,646