SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting, by Reportable Business Segments

The following tables present selected financial information with respect to the Company’s reportable business segments for the three months ended March 31, 2022 and 2021:

	Three Months Ended March 31, 2022
(dollars in thousands)	Banking Division		Retail Mortgage Division		Warehouse Lending Division		SBA Division		Premium  Finance  Division		Total
Interest income	$	129,290	$	32,832	$	6,813	$	6,780	$	7,659	$	183,374
Interest expense	(4,455)		13,537		366		769		613		10,830
Net interest income	133,745		19,295		6,447		6,011		7,046		172,544
Provision for credit losses	5,226		1,587		(222)		(143)		(217)		6,231
Noninterest income	21,364		61,649		1,401		2,491		6		86,911
Noninterest expense
Salaries and employee benefits	49,195		31,614		283		1,271		1,918		84,281
Occupancy and equipment	11,074		1,471		1		99		82		12,727
Data processing and communications expenses	11,230		1,172		47		28		95		12,572
Other expenses	20,045		12,645		218		380		952		34,240
Total noninterest expense	91,544		46,902		549		1,778		3,047		143,820
Income before income tax expense	58,339		32,455		7,521		6,867		4,222		109,404
Income tax expense	16,996		6,815		1,579		1,442		874		27,706
Net income	$	41,343	$	25,640	$	5,942	$	5,425	$	3,348	$	81,698
Total assets	$	17,409,973	$	4,197,613	$	703,558	$	313,219	$	935,929	$	23,560,292
Goodwill	957,847		—		—		—		64,498		1,022,345
Other intangible assets, net	109,604		—		—		—		11,153		120,757

	Three Months Ended March 31, 2021
(dollars in thousands)	Banking Division		Retail Mortgage Division		Warehouse Lending Division		SBA Division		Premium  Finance  Division		Total
Interest income	$	112,379	$	30,199	$	10,327	$	18,034	$	7,011	$	177,950
Interest expense	(437)		11,215		421		1,399		375		12,973
Net interest income	112,816		18,984		9,906		16,635		6,636		164,977
Provision for credit losses	(23,904)		(4,553)		(145)		(547)		558		(28,591)
Noninterest income	16,738		97,640		980		2,611		4		117,973
Noninterest expense
Salaries and employee benefits	42,723		49,838		330		1,382		1,712		95,985
Occupancy and equipment	10,120		1,476		1		106		78		11,781
Data processing and communications expenses	10,201		1,546		49		1		87		11,884
Other expenses	19,710		8,189		33		295		921		29,148
Total noninterest expense	82,754		61,049		413		1,784		2,798		148,798
Income (loss) before income tax expense	70,704		60,128		10,618		18,009		3,284		162,743
Income tax expense (benefit)	18,456		12,627		2,230		3,782		686		37,781
Net income (loss)	$	52,248	$	47,501	$	8,388	$	14,227	$	2,598	$	124,962
Total assets	$	14,591,933	$	4,086,210	$	886,004	$	1,055,068	$	807,912	$	21,427,127
Goodwill	863,507		—		—		—		64,498		928,005
Other intangible assets, net	53,745		—		—		—		14,103		67,848