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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest and dividend income:    
Interest and fees on loans $ 78,799 $ 67,733
Interest and dividends on securities:    
Taxable interest and dividends 8,302 8,759
Tax exempt interest 2,946 2,948
Interest on federal funds sold and interest-bearing deposits in other banks 1,616 898
Total interest income 91,663 80,338 CloseClose
Interest expense:    
Interest on deposits 29,413 12,277
Interest on borrowed funds 4,909 3,135
Total interest expense 34,322 15,412 Close
Net interest income 57,341 64,926 Close
Provision for credit losses, LHFI 0 10,500 CloseCloseCloseClose
Provision for credit losses, OBSC exposures 0 500 CloseCloseCloseClose
Net interest income after provision for credit losses 57,341 53,926 CloseCloseCloseClose
Non-interest income:     CloseCloseCloseClose
Service charges on deposit accounts 3,367 3,657 CloseCloseCloseClose
Loss on securities (48) 0 CloseCloseCloseClose
Gain on sale of premises and equipment 0 662 CloseCloseCloseClose
Other 9,360 8,293 CloseCloseCloseClose
Total non-interest income 12,679 12,612 CloseCloseCloseCloseClose
Non-interest expense:     CloseCloseCloseClose
Salaries and employee benefits 24,508 23,572 CloseCloseCloseClose
Occupancy and equipment 5,714 5,296 CloseCloseCloseClose
Acquisition expense/charter conversion 8 3,793 CloseCloseCloseClose
Other 13,195 13,009 CloseCloseCloseClose
Total non-interest expense 43,425 45,670 CloseCloseCloseCloseCloseCloseClose
Total Other Income Expenses 169645.0 160490.0 0.0 0.0 0.0 Close Close
Total Other Income Expenses 169645.0 180490.0 0.0 0.0 0.0 Close CloseClose
Total Other Income Expenses 169645.0 159490.0 0.0 0.0 0.0 Close CloseClose
Total Other Income Expenses 169645.0 181490.0 0.0 0.0 0 Close Close
Income before income taxes 26,595 20,868 CloseCloseClose
Total NonInterest Income Expenses -30746.0 -33058.0 0.0 0 0 Close
Income tax expense 5,967 4,597 Close
Net income available to common stockholders, basic 20,628 16,271
Net income available to common stockholders, diluted $ 20,628 $ 16,271
Earnings per share:    
Basic earnings per share (in dollars per share) $ 0.66 $ 0.52
Diluted earnings per share (in dollars per share) $ 0.65 $ 0.52