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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Interest income        
Loans and leases $ 44,279 $ 25,687 $ 84,094 $ 48,759
Securities 1,813 1,064 3,403 2,039
Short-term investments 1,069 280 1,729 468
Total interest income 47,161 27,031 89,226 51,266
Interest expense        
Deposits 16,541 1,058 28,971 1,824
Federal Home Loan Bank advances and other borrowings 2,873 2,313 5,802 3,851
Junior subordinated notes 0 0 0 504
Total interest expense 19,414 3,371 34,773 6,179
Net interest income 27,747 23,660 54,453 45,087
Provision for credit losses 2,231 (3,727) 3,793 (4,582)
Net interest income after provision for credit losses 25,516 27,387 50,660 49,669
Non-interest income        
Private wealth management service fees 2,893 2,852 5,547 5,693
Gain on sale of Small Business Administration loans 444 951 920 1,537
Service charges on deposits 766 1,041 1,448 2,040
Loan fees 905 697 1,708 1,349
Increase in cash surrender value of bank-owned life insurance 363 350 729 698
Net loss on sale of securities (45) 0 (45) 0
Swap fees 977 471 1,534 697
Other non-interest income 1,071 510 3,943 2,244
Total non-interest income 7,374 6,872 15,784 14,258
Non-interest expense        
Compensation 15,129 14,020 31,037 27,658
Occupancy 603 568 1,234 1,123
Professional fees 1,240 1,298 2,583 2,468
Data processing 1,061 892 1,936 1,673
Marketing 779 670 1,407 1,170
Equipment 355 235 650 479
Computer software 1,197 1,117 2,379 2,199
FDIC insurance 580 296 974 610
Other non-interest expense 1,087 360 1,598 900
Total non-interest expense 22,031 19,456 43,798 38,280
Income before income tax expense 10,859 14,803 22,646 25,647
Income tax expense 2,522 3,599 5,330 5,771
Net income 8,337 11,204 17,316 19,876
Preferred stock dividend 219 246 438 246
Basic earnings allocated to common shareholders $ 8,118 $ 10,958 $ 16,878 $ 19,630
Earnings per common share        
Basic $ 0.98 $ 1.29 $ 2.02 $ 2.31
Diluted 0.98 1.29 2.02 2.31
Dividends declared per share $ 0.2275 $ 0.1975 $ 0.455 $ 0.395