v3.22.1
CONSOLIDATED INCOME STATEMENTS - UNAUDITED - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest income:    
Loans $ 72,027 $ 53,531
Securities AFS 6,360 5,206
FHLB Stock, fed funds sold and interest-bearing deposits 757 401
Total interest income 79,144 59,138
Interest expense:    
Deposits 3,358 4,623
Borrowings 1,292 286
Total interest expense 4,650 4,909
Net interest income 74,494 54,229
Provision for credit losses (792) 360
Net interest income after provision for credit losses 75,286 53,869
Noninterest income:    
Asset management, consulting and other fees $ 10,197 $ 8,349
Type of Revenue [Extensible List] us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember
Other income $ 5,230 $ 3,559
Total noninterest income 15,427 11,908
Noninterest expense:    
Compensation and benefits 29,821 21,526
Occupancy and depreciation 8,567 6,160
Professional services and marketing costs 3,417 2,122
Customer service costs 1,788 1,770
Other expenses 4,025 2,933
Total noninterest expense 47,618 34,511
Income before taxes on income 43,095 31,266
Taxes on income 12,259 8,911
Net income $ 30,836 $ 22,355
Net income per share:    
Basic $ 0.55 $ 0.50
Diluted $ 0.55 $ 0.50
Shares used in computation:    
Basic 56,465,855 44,707,718
Diluted 56,565,845 45,012,205