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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Interest and fee income on loans:    
Taxable $ 83,937 $ 36,891
Tax exempt 4,664 4,967
Interest and dividend income on securities:    
Taxable 4,157 2,271
Tax exempt 7 4
Other interest income 2,138 528
Total interest income 94,903 44,661
Interest expense:    
Interest expense on deposits 14,179 1,574
Interest expense on securities sold under agreements to repurchase 30 8
Interest expense on other borrowed funds 6,577 1,794
Total interest expense 20,786 3,376
Net interest income 74,117 41,285
Provision for credit losses 3,360 3,700
Net interest income after credit loss expense 70,757 37,585
Noninterest income:    
Service charges on deposit accounts 5,015 3,925
Credit and debit card fees 2,981 2,415
Trust and investment advisory fees 1,461 1,947
Income from mortgage banking services, net 7,429 14,561
Gain on other real estate owned and foreclosed assets activity, net 0 20
Other noninterest income 2,045 825
Total noninterest income 18,931 23,693
Noninterest expense:    
Salary and employee benefits 35,049 34,225
Occupancy and equipment 8,174 6,833
Amortization of intangible assets 1,044 327
Merger related expenses 0 303
Other noninterest expenses 11,999 10,779
Total noninterest expense 56,266 52,467
Income before income taxes 33,422 8,811
Provision for income taxes 7,141 1,142
Net income 26,281 7,669
Other comprehensive income (loss), net of tax:    
Gain (loss) on securities available-for-sale 2,271 (16,332)
(Loss) gain on fair value hedges of securities available-for-sale (684) 0
Other comprehensive income (loss), net of tax 1,587 (16,332)
Comprehensive income (loss) 27,868 (8,663)
Earnings per share:    
Net income available to common stockholders, basic 26,281 7,669
Net income available to common stockholders, diluted $ 26,281 $ 7,669
Basic (in dollars per share) $ 1.05 $ 0.42
Diluted (in dollars per share) $ 1.03 $ 0.41