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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
INTEREST AND DIVIDEND INCOME:    
Interest and fees on loans receivable $ 62,327 $ 41,150
Processing fees on PPP loans 1 1,237
Securities:    
Taxable 4,030 3,614
Tax-exempt 197 219
Dividends 85 34
Total interest and dividend income 66,640 46,254
INTEREST EXPENSE:    
Deposits 16,699 2,706
Borrowed funds and finance lease liabilities 1,263 5
Subordinated notes and debentures (includes $(45) and $67 accumulated other comprehensive income reclassification for change in fair value of interest rate swap agreements, respectively) 1,039 926
Total interest expense 19,001 3,637
NET INTEREST INCOME 47,639 42,617
PROVISION FOR CREDIT LOSS EXPENSE 1,290 1,643
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSS EXPENSE 46,349 40,974
NON-INTEREST INCOME:    
Service charges on deposit accounts 1,795 1,757
Other service charges and fees 631 655
Wealth and asset management fees 1,817 1,783
Net realized gains on available-for-sale securities (includes $22 and $651 accumulated other comprehensive income reclassifications for net realized gains on available-for-sale securities, respectively) 22 651
Net realized and unrealized losses on equity securities (286) (394)
Mortgage banking 168 475
Bank owned life insurance 764 694
Card processing and interchange income 2,059 1,809
Other non-interest income 1,072 2,224
Total non-interest income 8,042 9,654
NON-INTEREST EXPENSES:    
Compensation and benefits 17,045 16,988
Net occupancy expense 3,566 3,230
Technology expense 4,258 3,372
State and local taxes 1,050 1,048
Legal, professional, and examination fees 845 837
Advertising 544 620
FDIC insurance premiums 873 723
Dues and subscriptions 506 600
Card processing and interchange expenses 1,490 1,029
Other non-interest expenses 3,813 3,445
Total non-interest expenses 33,990 31,892
INCOME BEFORE INCOME TAXES 20,401 18,736
INCOME TAX EXPENSE (includes $14 and $124 income tax expense from reclassification items, respectively) 3,912 3,491
NET INCOME 16,489 15,245
PREFERRED STOCK DIVIDENDS 1,075 1,075
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 15,414 $ 14,170
Weighted average common shares outstanding for basic earnings per common share (in shares) 21,042,579 16,810,725
Weighted average common shares outstanding for diluted earnings per common share (in shares) 21,077,531 16,844,106
PER COMMON SHARE DATA:    
Basic (in dollars per share) $ 0.73 $ 0.84
Diluted (in dollars per share) 0.73 0.84
Cash dividends per share (in dollars per share) $ 0.175 $ 0.175