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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest and dividend income    
Loans, including fees $ 46,536 $ 36,840
Securities    
Taxable 3,341 736
Tax-exempt 51 35
Overnight deposits 915 344
Other interest and dividends 127 151
Total interest income 50,970 38,106
Interest expense    
Deposits 3,625 3,171
Trust preferred securities 108 108
Subordinated debt 605 405
Total interest expense 4,338 3,684
Net interest income 46,632 34,422
Provision for loan losses 3,400 950
Net interest income after provision for loan losses 43,232 33,472
Non-interest income    
Non-interest income 7,533 4,636
Unrealized gain (loss) on equity securities (106) (41)
Total non-interest income 7,427 4,595
Non-interest expense    
Compensation and benefits 13,421 11,428
Bank premises and equipment 2,116 2,024
Professional fees 1,474 1,304
Technology costs 1,399 927
Licensing fees 2,294 2,074
Other expenses 3,915 2,566
Total non-interest expense 24,619 20,323
Net income before income tax expense 26,040 17,744
Income tax expense 7,019 5,627
Net income $ 19,021 $ 12,117
Earnings per common share    
Basic earnings per common share (in dollars per share) $ 1.74 $ 1.46
Diluted earnings per common share (in dollars per share) $ 1.69 $ 1.43
Service charges on deposit accounts    
Non-interest income    
Non-interest income $ 1,370 $ 972
Revenue, Product and Service [Extensible List] Service charges on deposit accounts Service charges on deposit accounts
Global payments revenue    
Non-interest income    
Non-interest income $ 5,657 $ 3,360
Revenue, Product and Service [Extensible List] Global payments revenue Global payments revenue
Other service charges and fees    
Non-interest income    
Non-interest income $ 506 $ 304
Revenue, Product and Service [Extensible List] Other service charges and fees Other service charges and fees