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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest income    
Loans, including fees $ 50,591 $ 47,904
Investment securities:    
Taxable interest 4,891 8,808
Tax-exempt interest 25 28
Interest earning deposits 347 183
Total interest income 55,854 56,923
Interest expense    
Deposits 1,606 1,766
Short-term borrowings   8
Senior debt 1,279 1,279
Subordinated debentures 116 113
Total interest expense 3,001 3,166
Net interest income 52,853 53,757
Provision for credit losses 1,507 822
Net interest income after provision for credit losses 51,346 52,935
Non-interest income    
Net realized and unrealized gains on commercial loans, at fair value 3,383 1,996
Leasing related income 973 965
Other 120 109
Total non-interest income 25,112 24,074
Non-interest expense    
Salaries and employee benefits 23,848 25,658
Depreciation and amortization 795 709
Rent and related occupancy cost 1,289 1,250
Data processing expense 1,189 1,126
Printing and supplies 86 66
Audit expense 362 363
Legal expense 794 2,054
Amortization of intangible assets 99 99
FDIC insurance 974 2,380
Software 3,864 3,684
Insurance 1,064 745
Telecom and IT network communications 374 405
Consulting 303 264
Other 3,311 3,080
Total non-interest expense 38,352 41,883
Income from continuing operations before income taxes 38,106 35,126
Income tax expense 9,140 9,066
Net income from continuing operations 28,966 26,060
Discontinued operations    
Loss from discontinued operations before income taxes   (124)
Income tax benefit   (29)
Loss from discontinued operations, net of tax   (95)
Net income $ 28,966 $ 25,965
Net income per share from continuing operations - basic $ 0.51 $ 0.45
Net income (loss) per share from discontinued operations - basic
Net income per share - basic 0.51 0.45
Net income per share from continuing operations - diluted 0.50 0.44
Net income (loss) per share from discontinued operations - diluted
Net income per share - diluted $ 0.50 $ 0.44
ACH, Card And Other Payment Processing Fees [Member]    
Non-interest income    
Fees $ 1,984 $ 1,796
Prepaid, Debit Card And Related Fees [Member]    
Non-interest income    
Fees $ 18,652 $ 19,208