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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Loans, including fees:        
Taxable $ 49,640 $ 29,855 $ 138,948 $ 84,504
Federally tax exempt 1,072 842 3,064 2,183
Securities:        
Taxable 6,451 6,635 19,585 16,947
Federally tax exempt 978 1,207 3,337 3,385
Interest-bearing deposits in bank 714 458 2,234 1,037
Other interest and dividend income 186 17 420 50
Total interest and dividend income 59,041 39,014 167,588 108,106
INTEREST EXPENSE        
Deposits 7,211 587 13,908 1,662
Securities sold under agreements to repurchase 35 9 107 26
Borrowings 2,108 85 5,594 87
Subordinated notes 470 470 1,409 1,409
Junior subordinated debentures issued to capital trusts 938 473 2,582 1,231
Total interest expense 10,762 1,624 23,600 4,415
Net interest income 48,279 37,390 143,988 103,691
PROVISION FOR CREDIT LOSSES 480 386 6,460 (53)
Net interest income after provision for credit losses 47,799 37,004 137,528 103,744
NONINTEREST INCOME        
Mortgage servicing 1,169 697 3,522 2,016
Mortgage servicing rights fair value adjustment 23 351 (460) 2,446
Gains on sale of mortgage loans 476 354 1,125 1,267
Realized gains (losses) on sales of securities (813) 0 (1,820) 0
Unrealized gains (losses) on equity securities (46) (107) (61) (447)
Gains (losses) on foreclosed assets 550 (225) 443 (192)
Gains (losses) on other assets 52 (31) 161 119
Income on bank owned life insurance 153 41 415 122
Other noninterest income 742 599 2,362 1,769
Total noninterest income 9,490 8,234 26,841 26,828
NONINTEREST EXPENSE        
Salaries 15,644 12,752 51,715 38,489
Employee benefits 2,616 1,771 7,658 6,199
Occupancy of bank premises 2,573 1,979 7,460 5,780
Furniture and equipment 667 668 2,135 1,843
Data processing 2,581 1,631 9,787 5,274
Marketing and customer relations 1,679 880 3,874 2,936
Amortization of intangible assets 720 243 1,950 733
FDIC insurance 512 302 1,705 888
Loan collection and servicing 345 336 971 771
Foreclosed assets 76 97 234 260
Other noninterest expense 3,258 3,339 13,088 8,824
Total noninterest expense 30,671 23,998 100,577 71,997
INCOME BEFORE INCOME TAX EXPENSE 26,618 21,240 63,792 58,575
INCOME TAX EXPENSE 6,903 5,613 16,396 15,259
NET INCOME $ 19,715 $ 15,627 $ 47,396 $ 43,316
Earnings per share, basic (in dollars per share) $ 0.62 $ 0.54 $ 1.50 $ 1.50
Earnings per share, diluted (in dollars per share) $ 0.62 $ 0.54 $ 1.49 $ 1.49
Weighted average shares of common stock outstanding (in shares) 31,829,250 28,787,662 31,598,650 28,887,757
Card income        
NONINTEREST INCOME        
Revenue $ 2,763 $ 2,569 $ 8,326 $ 7,687
Wealth management fees        
NONINTEREST INCOME        
Revenue 2,381 2,059 6,998 6,670
Service charges on deposit accounts        
NONINTEREST INCOME        
Revenue $ 2,040 $ 1,927 $ 5,830 $ 5,371