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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net Income $ 12,117 $ 6,097
Adjustments to reconcile net income to net cash:    
Net depreciation amortization and accretion 1,272 1,203
Provision for loan losses 950 4,790
Net change in deferred loan fees 183 (270)
Income tax expense (benefit) 715 (1,423)
Gain on sale of available-for-sale securities   (975)
Employee and non-employee stock-based expense 586 812
Gain on sale of loans   (18)
Dividends earned on CRA fund (9) (12)
Unrealized (gain) loss of equity securities 41 (36)
Net change in:    
Accrued interest receivable (733) (246)
Accounts payable, accrued expenses and other liabilities (18,908) 2,678
Prepaid third-party debit cardholder balances 6,972 12,776
Accrued interest payable (149) (83)
Receivable from prepaid card programs, net (11,097) (6,949)
Prepaid expenses and other assets 7,958 2,471
Net cash provided by operating activities (102) 20,815
Cash flows from investing activities:    
Loan originations, purchases and payments, net of recoveries (101,649) (102,966)
Proceeds from loans sold   9,968
Redemptions of other investments 2  
Purchases of other investments (43) (18)
Purchases of securities available for sale (246,744)  
Proceeds from calls of securities available for sale   5,000
Proceeds from sales of securities available for sale   20,975
Proceeds from paydowns and maturities of securities available for sale 25,243 15,438
Proceeds from paydowns and maturities of securities held to maturity 262 194
Purchase of derivative contract   (2,980)
Purchase of premises and equipment, net (774) (3,785)
Net cash used in investing activities (323,703) (58,174)
Cash flows from financing activities:    
Proceeds from FHLB advances 50  
Repayments of FHLB advances (50)  
Redemption of common stock for tax withholdings for restricted stock vesting (2,101) (579)
Payments of secured borrowings (489) (1,275)
Net increase in deposits 597,111 230,918
Net cash provided by financing activities 594,521 229,064
Increase in cash and cash equivalents 270,716 191,705
Cash and cash equivalents at the beginning of the period 864,305 390,723
Cash and cash equivalents at the end of the period 1,135,021 582,428
Cash paid for:    
Interest 3,833 7,181
Income Taxes $ 2,250 $ 1,850