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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Interest Income    
Interest and fees on loans $ 44,294 $ 28,418
Interest on securities    
Taxable 5,884 4,552
Tax-exempt 3,083 1,554
Other investments 675 217
Total Interest Income 53,936 34,741
Interest Expense    
Deposits 13,760 767
Other borrowings and subordinated debt and debentures 1,735 973
Total Interest Expense 15,495 1,740
Net Interest Income 38,441 33,001
Provision for credit losses 2,160 (1,573)
Net Interest Income After Provision for Credit Losses 36,281 34,574
Non-interest Income    
Interchange income 3,205 3,082
Service charges on deposit accounts 2,857 2,957
Net gains (losses) on assets    
Mortgage loans 1,256 835
Securities available for sale (222) 70
Mortgage loan servicing, net 726 9,641
Other 2,729 2,363
Total Non-interest Income 10,551 18,948
Non-interest Expense    
Compensation and employee benefits 19,339 20,130
Data processing 2,991 2,216
Occupancy, net 2,159 2,543
Interchange expense 1,049 1,011
Furniture, fixtures and equipment 926 1,045
FDIC deposit insurance 783 522
Communications 668 757
Legal and professional 607 493
Loan and collection 578 559
Advertising 495 680
Recoveries related to unfunded lending commitments (475) (355)
Other 1,837 1,849
Total Non-interest Expense 30,957 31,450
Income Before Income Tax 15,875 22,072
Income tax expense 2,884 4,105
Net Income $ 12,991 $ 17,967
Net Income Per Common Share    
Basic (in dollars per share) $ 0.62 $ 0.85
Diluted (in dollars per share) $ 0.61 $ 0.84