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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
INTEREST INCOME        
Interest and fees on loans $ 50,978 $ 37,040 $ 136,091 $ 108,921
Interest on investments:        
Taxable 2,853 2,824 9,995 8,473
Tax-exempt 13 28 52 107
Interest on loans held for sale 7 33 30 124
Interest on interest-earning deposits 1,162 142 1,505 367
Total interest income 55,013 40,067 147,673 117,992
INTEREST EXPENSE        
Interest on savings and interest-bearing deposit accounts 6,689 1,880 11,385 5,358
Interest on certificates of deposit 791 836 2,048 3,333
Interest on borrowed funds 29 57 103 448
Interest on finance lease liability 61 74 193 229
Interest on subordinated debt 1,363 1,358 4,090 5,650
Subtotal - interest expense 8,933 4,205 17,819 15,018
Interest on interest-bearing demand - brokered 345 385 1,082 1,334
Interest on certificates of deposits - brokered 210 266 732 791
Total interest expense 9,488 4,856 19,633 17,143
NET INTEREST INCOME BEFORE PROVISION FOR CREDIT LOSSES 45,525 35,211 128,040 100,849
Provision for credit losses [1] 599 1,600 4,423 2,725
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 44,926 33,611 123,617 98,124
OTHER INCOME        
Wealth management fee income 12,943 13,860 41,668 39,025
Service charges and fees 1,060 959 3,075 2,701
Bank owned life insurance 299 311 922 1,388
Gain on loans held for sale at fair value (mortgage banking) 60 408 458 1,842
Gain on loans held for sale at lower of cost or fair value       1,407
Gain on sale of SBA loans 622 1,569 6,141 3,950
Corporate advisory fee income 102 84 1,696 1,303
Loss on swap termination       (842)
Other income 1,868 660 3,982 2,798
Loss on securities sale, net     (6,609)  
Fair value adjustment for CRA equity security (571) (70) (1,728) (293)
Total noninterest other income 16,383 17,781 49,605 53,279
OPERATING EXPENSES        
Compensation and employee benefits 22,656 19,859 66,987 61,759
Premises and equipment 4,534 4,459 13,821 12,646
FDIC insurance expense 510 555 1,484 1,669
Swap valuation allowance   1,350 673 1,350
Other operating expense 5,860 5,962 17,423 17,039
Total operating expenses 33,560 32,185 100,388 94,463
INCOME BEFORE INCOME TAX EXPENSE 27,749 19,207 72,834 56,940
Income tax expense 7,623 5,036 19,167 15,173
NET INCOME $ 20,126 $ 14,171 $ 53,667 $ 41,767
EARNINGS PER SHARE        
Basic $ 1.11 $ 0.76 $ 2.94 $ 2.21
Diluted $ 1.09 $ 0.74 $ 2.88 $ 2.15
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING        
Basic 18,072,385 18,763,316 18,244,691 18,891,601
Diluted 18,420,661 19,273,831 18,652,042 19,390,522
[1] Commencing on January 1, 2022, the allowance calculation is based on the CECL methodology. Prior to January 1, 2022, the calculation was based on the incurred loss methodology.