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CONSOLIDATED INCOME STATEMENTS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Interest income:    
Loans $ 120,643 $ 72,027
Securities 6,891 6,360
FHLB Stock, fed funds sold and interest-bearing deposits 9,466 757
Total interest income 137,000 79,144
Interest expense:    
Deposits 62,140 3,358
Borrowings 16,105 1,292
Total interest expense 78,245 4,650
Net interest income 58,755 74,494
Provision for credit losses 417 (792)
Net interest income after provision for credit losses 58,338 75,286
Noninterest income:    
Asset management, consulting and other fees $ 8,796 $ 10,197
Type of Revenue [Extensible List] us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember
Other income $ 2,902 $ 5,230
Total noninterest income 11,698 15,427
Noninterest expense:    
Compensation and benefits 25,286 29,821
Occupancy and depreciation 8,897 8,567
Professional services and marketing costs 4,295 3,417
Customer service costs 16,715 1,788
Other expenses 4,147 4,025
Total noninterest expense 59,340 47,618
Income before taxes on income 10,696 43,095
Taxes on income 2,200 12,259
Net income $ 8,496 $ 30,836
Net income per share:    
Basic $ 0.15 $ 0.55
Diluted $ 0.15 $ 0.55
Shares used in computation:    
Basic 56,376,669 56,465,855
Diluted 56,410,416 56,565,845