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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Interest and fees on loans $ 69,307 $ 60,348 $ 136,425 $ 122,646
Interest and dividends on securities 12,525 6,706 22,706 13,152
Interest on interest bearing deposits and other investments 1,917 709 2,850 1,295
Total Interest Income 83,749 67,763 161,981 137,093
Interest on deposits 994 980 1,761 2,045
Interest on time certificates 436 524 904 1,711
Interest on borrowed money 672 457 1,147 925
Total Interest Expense 2,102 1,961 3,812 4,681
Net Interest Income 81,647 65,802 158,169 132,412
Provision for credit losses 822 (4,855) 7,378 (10,570)
Net Interest Income after Provision for Credit Losses 80,825 70,657 150,791 142,982
Noninterest income:        
Service charges on deposit accounts 3,408 2,338 6,209 4,676
Interchange income 4,255 4,145 8,383 7,965
Wealth management income 2,774 2,387 5,433 4,710
Mortgage banking fees 932 2,977 2,618 7,202
Marine finance fees 312 177 503 366
SBA gains 473 232 629 519
BOLI income 1,349 872 2,683 1,731
Other 3,761 2,249 6,631 5,993
Noninterest income, excluding securities gains (losses) 17,264 15,377 33,089 33,162
Securities losses, net (300) (55) (752) (169)
Total Noninterest Income 16,964 15,322 32,337 32,993
Noninterest Expense:        
Salaries and wages 28,056 22,966 56,275 44,359
Employee benefits 4,151 3,953 9,652 8,933
Outsourced data processing costs 6,043 4,676 12,199 9,144
Telephone / data lines 908 838 1,641 1,623
Occupancy 4,050 3,310 8,036 7,099
Furniture and equipment 1,588 1,166 3,014 2,420
Marketing 1,882 1,002 3,053 2,170
Legal and professional fees 2,946 2,182 7,735 4,764
FDIC assessments 699 515 1,488 1,041
Amortization of intangibles 1,446 1,212 2,892 2,423
Foreclosed property expense and net loss (gain) on sale (968) (90) (1,132) (155)
Provision for credit losses on unfunded commitments 0 0 142 0
Other 5,347 4,054 10,070 8,083
Total Noninterest Expense 56,148 45,784 115,065 91,904
Income Before Income Taxes 41,641 40,195 68,063 84,071
Provision for income taxes 8,886 8,785 14,720 18,942
Net Income $ 32,755 $ 31,410 $ 53,343 $ 65,129
Net income per share of common stock        
Diluted (in dollars per share) $ 0.53 $ 0.56 $ 0.86 $ 1.17
Basic (in dollars per share) $ 0.53 $ 0.57 $ 0.87 $ 1.18
Average common shares outstanding        
Diluted (in shares) 61,923 55,901 61,818 55,827
Basic (in shares) 61,409 55,421 61,269 55,347