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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities    
Net income $ 67,165 $ 41,668
Adjustments to reconcile net income to net cash:    
Net depreciation amortization and accretion 4,887 3,327
Provision for loan losses 7,807 3,315
Stock-based compensation 5,598 3,605
Net change in deferred loan fees 3,925 1,855
Deferred income tax (benefit) expense   1,029
(Gain) loss on sale of securities   (609)
Dividends earned on CRA fund (23) (21)
Unrealized (gain) loss on equity securities 269 45
Net change in:    
Accrued interest receivable (5,175) (255)
Accounts payable, accrued expenses and other liabilities 14,558 (23,516)
Third-party debit cardholder balances 548 5,747
Accrued interest payable (341) (264)
Receivable from global payments, net (35,593) (20,542)
Prepaid expenses and other assets 10,773 6,408
Net cash provided by (used in) operating activities 74,398 21,792
Cash flows from investing activities    
Loan originations, purchases and payments, net (889,295) (468,691)
Redemptions of other investments 2 5
Purchases of other investments (5,488) (405)
Purchase of securities available-for-sale   (475,777)
Purchase of securities held-for-investment (173,625)  
Proceeds from sales and calls of securities available-for-sale   43,241
Proceeds from paydowns of securities available-for-sale 64,812 87,151
Proceeds from paydowns of securities held-to-maturity 33,855 725
Purchase of premises and equipment, net (19,730) (1,842)
Net cash provided by (used in) investing activities (989,469) (815,593)
Cash flows from financing activities    
Proceeds from issuance of common stock, net   162,664
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 (5,549) (1,405)
Net increase (decrease) in deposits (704,049) 1,627,963
Net cash provided by (used in) financing activities (735,501) 1,786,976
Increase (decrease) in cash and cash equivalents (1,650,572) 993,175
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 708,778 1,857,480
Cash paid for:    
Interest 15,267 12,250
Income Taxes $ 28,638 $ 15,015