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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
INTEREST AND DIVIDEND INCOME    
Interest and fees on loans and leases $ 53,808 $ 54,158
Interest on securities 6,089 8,016
Other interest and dividend income 262 992
Total interest and dividend income 60,159 63,166
INTEREST EXPENSE    
Deposits 1,421 7,804
Other borrowings 502 1,897
Subordinated notes and debentures 1,596 640
Total interest expense 3,519 10,341
Net interest income 56,640 52,825
PROVISION FOR LOAN AND LEASE LOSSES 4,367 14,455
Net interest income after provision for loan and lease losses 52,273 38,370
NON-INTEREST INCOME    
Total non-interest income 15,742 9,307
ATM and interchange fees 1,012 1,216
Net gains on sales of securities available-for-sale 1,462 1,375
Change in fair value of equity securities, net (206) (619)
Net gains on sales of loans 8,319 4,773
Wealth management and trust income 768 669
Other non-interest income 1,459 526
NON-INTEREST EXPENSE    
Salaries and employee benefits 21,806 24,666
Occupancy and equipment expense, net 5,779 5,524
Loan and lease related expenses 951 1,318
Legal, audit and other professional fees 2,214 2,334
Data processing 2,755 2,665
Net loss recognized on other real estate owned and other related expenses 621 519
Other intangible assets amortization expense 1,749 1,893
Other non-interest expense 2,967 4,742
Total non-interest expense 38,842 43,661
INCOME BEFORE PROVISION FOR INCOME TAXES 29,173 4,016
PROVISION FOR INCOME TAXES 7,375 1,050
NET INCOME 21,798 2,966
Dividends on preferred shares 196 196
INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 21,602 $ 2,770
EARNINGS PER COMMON SHARE    
Basic $ 0.57 $ 0.07
Diluted $ 0.56 $ 0.07
Fees and Service Charges on Deposits [Member]    
NON-INTEREST INCOME    
Total non-interest income $ 1,664 $ 1,673
Loan Servicing Revenue [Member]    
NON-INTEREST INCOME    
Total non-interest income 2,769 2,758
Loan Servicing Asset Revaluation [Member]    
NON-INTEREST INCOME    
Total non-interest income $ (1,505) $ (3,064)