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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - UNAUDITED - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Interest income:    
Interest and fees on loans $ 139,727 $ 99,494
Interest on loans held for sale 152 198
Interest on deposits with banks 2,686 113
Interest and dividend income on investment securities:    
Taxable 7,008 4,107
Tax-advantaged 1,770 2,124
Interest on federal funds sold 4 0
Total interest income 151,347 106,036
Interest expense:    
Interest on deposits 40,788 2,293
Interest on retail repurchase agreements and federal funds purchased 2,104 54
Interest on advances from FHLB 7,207 0
Interest on subordinated debt 3,946 2,238
Total interest expense 54,045 4,585
Net interest income 97,302 101,451
Provision/ (credit) for credit losses (21,536) 1,635
Net interest income after provision/ (credit) for credit losses 118,838 99,816
Non-interest income:    
Investment securities gains 0 8
Insurance agency commissions 0 2,115
Income from bank owned life insurance 907 795
Other income 2,001 2,048
Total non-interest income 15,951 20,595
Non-interest expense:    
Salaries and employee benefits 38,926 39,373
Occupancy expense of premises 4,847 5,034
Equipment expense 4,117 3,536
Marketing 1,543 1,193
Outside data services 2,514 2,419
FDIC insurance 2,138 984
Amortization of intangible assets 1,306 1,508
Professional fees and services 3,684 2,017
Other expenses 7,230 6,083
Total non-interest expense 66,305 62,147
Income before income tax expense 68,484 58,264
Income tax expense 17,231 14,329
Net income $ 51,253 $ 43,935
Per share information:    
Basic net income per common share (in dollars per share) $ 1.14 $ 0.97
Diluted net income per share (in dollars per share) 1.14 0.96
Dividends declared per share (in dollars per share) $ 0.34 $ 0.34
Service charges on deposit accounts    
Non-interest income:    
Fees and commissions, mortgage banking and servicing $ 2,388 $ 2,326
Mortgage banking activities    
Non-interest income:    
Fees and commissions, mortgage banking and servicing 1,245 2,298
Wealth management income    
Non-interest income:    
Fees and commissions, mortgage banking and servicing 8,992 9,337
Bank card fees    
Non-interest income:    
Fees and commissions, mortgage banking and servicing $ 418 $ 1,668