XML 72 R53.htm IDEA: XBRL DOCUMENT v3.22.4
SEGMENT REPORTING (Tables)
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Schedule of Financial Information with Respect to Company's Reportable Business Segments
The following table presents selected financial information with respect to the Company’s reportable business segments for the years ended December 31, 2022, 2021 and 2020.
Year Ended
December 31, 2022
(dollars in thousands)Banking DivisionRetail Mortgage DivisionWarehouse Lending DivisionSBA DivisionPremium Finance DivisionTotal
Interest income$628,459 $155,533 $43,521 $19,850 $46,523 $893,886 
Interest expense(17,824)76,339 16,794 5,126 12,425 92,860 
Net interest income646,283 79,194 26,727 14,724 34,098 801,026 
Provision for credit losses61,898 12,351 (1,074)(349)(1,129)71,697 
Noninterest income91,550 182,039 4,537 6,265 33 284,424 
Noninterest expense
Salaries and employee benefits196,823 107,810 1,973 5,305 7,808 319,719 
Occupancy and equipment expenses45,081 5,579 4 360 337 51,361 
Data processing and communications expenses43,957 4,580 187 116 388 49,228 
Other expenses85,953 48,224 830 1,387 3,953 140,347 
Total noninterest expense371,814 166,193 2,994 7,168 12,486 560,655 
Income before income tax expense304,121 82,689 29,344 14,170 22,774 453,098 
Income tax expense75,367 17,364 6,162 2,976 4,689 106,558 
Net income$228,754 $65,325 $23,182 $11,194 $18,085 $346,540 
Total assets$17,848,972 $4,739,612 $1,016,192 $256,077 $1,192,433 $25,053,286 
Goodwill$951,148 $— $— $— $64,498 $1,015,646 
Other intangible assets, net$97,254 $— $— $— $8,940 $106,194 
Year Ended
December 31, 2021
(dollars in thousands)Banking DivisionRetail Mortgage DivisionWarehouse Lending DivisionSBA DivisionPremium Finance DivisionTotal
Interest income$449,955 $130,140 $36,784 $56,597 $29,636 $703,112 
Interest expense(7,627)47,422 1,383 5,062 1,545 47,785 
Net interest income457,582 82,718 35,401 51,535 28,091 655,327 
Provision for credit losses(32,866)2,947 (514)(2,921)(2,011)(35,365)
Noninterest income69,664 281,900 4,603 9,360 17 365,544 
Noninterest expense
Salaries and employee benefits157,079 167,796 1,130 4,856 6,915 337,776 
Occupancy and equipment expenses41,065 6,206 3 475 317 48,066 
Data processing and communications expenses39,802 5,551 232 47 344 45,976 
Other expenses84,244 38,295 490 1,594 3,683 128,306 
Total noninterest expense322,190 217,848 1,855 6,972 11,259 560,124 
Income before income tax expense237,922 143,823 38,663 56,844 18,860 496,112 
Income tax expense64,446 30,203 8,120 11,937 4,493 119,199 
Net income$173,476 $113,620 $30,543 $44,907 $14,367 $376,913 
Total assets$17,537,221 $4,231,767 $760,546 $419,040 $909,747 $23,858,321 
Goodwill$948,122 $— $— $— $64,498 $1,012,620 
Other intangible assets, net$114,048 $— $— $— $11,890 $125,938 
Year Ended
December 31, 2020
(dollars in thousands)Banking DivisionRetail Mortgage DivisionWarehouse Lending DivisionSBA DivisionPremium Finance DivisionTotal
Interest income$499,031 $129,951 $26,522 $40,334 $30,665 $726,503 
Interest expense27,800 47,592 2,631 7,244 3,483 88,750 
Net interest income471,231 82,359 23,891 33,090 27,182 637,753 
Provision for credit losses125,136 15,850 2,562 2,719 (887)145,380 
Noninterest income63,165 370,256 3,864 9,200 15 446,500 
Noninterest expense
Salaries and employee benefits160,430 184,765 981 6,893 7,209 360,278 
Occupancy and equipment expenses44,939 6,710 4 391 305 52,349 
Data processing and communications expenses39,040 6,275 270 33 399 46,017 
Other expenses105,965 28,155 176 1,832 3,857 139,985 
Total noninterest expense350,374 225,905 1,431 9,149 11,770 598,629 
Income before income tax expense58,886 210,860 23,762 30,422 16,314 340,244 
Income tax expense19,138 44,286 5,004 6,389 3,439 78,256 
Net income$39,748 $166,574 $18,758 $24,033 $12,875 $261,988 
Total assets$14,250,780 $3,395,811 $922,071 $1,088,611 $781,365 $20,438,638 
Goodwill$863,507 $— $— $— $64,498 $928,005 
Other intangible assets, net$57,129 $— $— $— $14,845 $71,974