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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest and fee income on loans:      
Taxable $ 366,523 $ 228,967 $ 137,669
Tax exempt 19,114 19,021 21,634
Interest and dividend income on securities:      
Taxable 17,014 13,176 7,964
Tax exempt 18 9 15
Other interest income 11,015 5,644 2,072
Total interest income 413,684 266,817 169,354
Interest expense:      
Interest expense on deposits 101,355 13,154 8,544
Interest expense on securities sold under agreements to repurchase 225 119 59
Interest expense on other borrowed funds 18,673 11,912 5,518
Total interest expense 120,253 25,185 14,121
Net interest income 293,431 241,632 155,233
Provision for credit losses 18,247 18,050 3,000
Net interest income after credit loss expense 275,184 223,582 152,233
Noninterest income:      
Service charges on deposit accounts 21,345 18,211 12,504
Credit and debit card fees 12,000 11,511 9,596
Trust and investment advisory fees 5,693 6,806 7,795
Income from mortgage banking services, net 31,384 46,285 86,410
(Loss) gain on other real estate owned and foreclosed assets activity, net (106) 164 766
Other noninterest income 8,776 6,589 7,173
Total noninterest income 79,092 89,566 124,244
Noninterest expense:      
Salary and employee benefits 133,231 134,359 151,926
Occupancy and equipment 33,426 31,344 27,628
Amortization of intangible assets 4,822 4,215 1,417
Merger related expenses 0 18,751 3,085
Other noninterest expenses 51,314 50,457 40,579
Total noninterest expense 222,793 239,126 224,635
Income (loss) before income taxes 131,483 74,022 51,842
Provision for income taxes 27,950 14,840 8,678
Net income 103,533 59,182 43,164
Other comprehensive income, net of tax:      
Gain (loss) on securities available-for-sale 758 (47,821) (7,455)
Gain on fair value hedges of securities available-for-sale 218 2,174 0
Other comprehensive income (loss), net of tax 976 (45,647) (7,455)
Comprehensive income 104,509 13,535 35,709
Earnings per share:      
Net income available to common stockholders, basic 103,533 59,182 43,164
Net income available to common stockholders, diluted $ 103,533 $ 59,182 $ 43,164
Basic (in dollars per share) $ 4.15 $ 2.55 $ 2.36
Diluted (in dollars per share) $ 4.08 $ 2.48 $ 2.30