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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities    
Net income $ 42,210 $ 25,453
Adjustments to reconcile net income to net cash:    
Net depreciation amortization and accretion 2,291 2,383
Provision for loan losses 5,800 2,825
Stock-based compensation 3,561 2,445
Net change in deferred loan fees 3,338 1,070
Deferred income tax (benefit) expense   546
(Gain) loss on sale of securities   (609)
Dividends earned on CRA fund (13) (14)
Unrealized (gain) loss on equity securities 179 36
Net change in:    
Accrued interest receivable (3,008) (1,175)
Accounts payable, accrued expenses and other liabilities 1,363 (31,047)
Third-party debit cardholder balances 14,684 5,371
Accrued interest payable (379) 1,061
Receivable from global payments, net (28,350) (12,832)
Prepaid expenses and other assets (20,681) 2,743
Net cash provided by (used in) operating activities 20,995 (1,744)
Cash flows from investing activities    
Loan originations, purchases and payments, net (646,569) (314,362)
Redemptions of other investments 2 5
Purchases of other investments (5,362) (397)
Purchase of securities available-for-sale   (382,793)
Purchase of securities held-for-investment (170,615)  
Proceeds from sales and calls of securities available-for-sale   43,241
Proceeds from paydowns and maturities of securities available-for-sale 49,902 55,327
Proceeds from paydowns of securities held-to-maturity 21,643 525
Purchase of premises and equipment, net (3,973) (748)
Net cash provided by (used in) investing activities (754,972) (599,202)
Cash flows from financing activities    
Proceeds from FHLB advances 50 100
Repayments of FHLB advances (50) (100)
Redemption of common stock for tax withholdings for restricted stock vesting (1,191) (2,246)
Redemption of subordinated debt (24,712)  
Proceeds from (repayments of) secured borrowings, net (417) (515)
Net increase (decrease) in deposits (257,172) 1,458,667
Net cash provided by (used in) financing activities (283,492) 1,455,906
Increase (decrease) in cash and cash equivalents (1,017,469) 854,960
Cash and cash equivalents at the beginning of the period 2,359,350 864,305
Cash and cash equivalents at the end of the period 1,341,881 1,719,265
Cash paid for:    
Interest 8,573 6,699
Income Taxes 6,805 $ 8,735
Non-cash item:    
Transfer of loans held for investment to held for sale $ 10,000