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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
INTEREST INCOME      
Loans, including fees $ 278,170 $ 195,197 $ 147,814
Taxable securities 19,743 13,854 11,577
Tax-exempt securities 22 61 131
Interest-earning deposits 6,075 2,763 545
Total interest income 304,010 211,875 160,067
INTEREST EXPENSE      
Savings and interest-bearing deposit accounts 107,490 24,000 7,383
Certificates of deposit 11,736 2,970 4,058
Borrowed funds 18,204 600 473
Finance lease liability 191 251 300
Subordinated debt 6,651 5,453 7,013
Subtotal – interest expense 144,272 33,274 19,227
Interest-bearing demand - brokered 611 1,579 1,721
Interest on certificates of deposits – brokered 3,038 942 1,058
Total interest expense 147,921 35,795 22,006
Net interest income before provision for credit losses 156,089 176,080 138,061
Provision for credit losses [1] 14,091 6,353 6,475
Net interest income after provision for credit losses 141,998 169,727 131,586
OTHER INCOME      
Wealth management fee income 55,747 54,651 52,987
Service charges and fees 5,152 4,225 3,697
Bank owned life insurance 1,269 1,243 1,696
Gain on loans held for sale at fair value (mortgage banking) 91 483 2,194
Gain on loans held for sale at lower of cost or fair value     1,142
Fee income related to loan level, back-to-back swaps   293  
Gain on sale of SBA loans 2,433 6,765 4,939
Corporate advisory fee income 219 1,704 3,483
Loss on swap termination     (842)
Other income 8,486 5,362 3,379
Loss on securities sale, net   (6,609)  
Fair value adjustment for CRA equity security 181 (1,700) (432)
Total other income 73,578 66,417 72,243
OPERATING EXPENSES      
Compensation and employee benefits 100,524 89,476 81,864
Premises and equipment 19,733 18,719 17,165
FDIC insurance expense 2,946 1,939 2,071
Swap valuation allowance   673 2,243
Other operating expenses 25,092 22,993 22,824
Total operating expenses 148,295 133,800 126,167
Income before income tax expense 67,281 102,344 77,662
Income tax expense 18,427 28,098 21,040
Net income $ 48,854 $ 74,246 $ 56,622
EARNINGS PER SHARE      
Basic $ 2.74 $ 4.09 $ 3.01
Diluted $ 2.71 $ 4 $ 2.93
[1] Commencing on January 1, 2022, the allowance calculation is based on the current expected credit loss ("CECL") methodology. Prior to January 1, 2022, the calculation was based on the incurred loss methodology.