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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Interest and fees on loans $ 148,265 $ 69,307 $ 283,433 $ 136,425
Interest and dividends on securities 20,995 12,525 40,344 22,706
Interest on interest bearing deposits and other investments 5,023 1,917 8,497 2,850
Total Interest Income 174,283 83,749 332,274 161,981
Interest on deposits 27,183 994 43,216 1,761
Interest on time certificates 14,477 436 20,029 904
Interest on borrowed money 5,660 672 10,914 1,147
Total Interest Expense 47,320 2,102 74,159 3,812
Net Interest Income 126,963 81,647 258,115 158,169
Provision for credit losses (764) 822 30,834 7,378
Net Interest Income after Provision for Credit Losses 127,727 80,825 227,281 150,791
Noninterest income:        
Service charges on deposit accounts 4,560 3,408 8,802 6,209
Interchange income 5,066 4,255 9,760 8,383
Wealth management income 3,318 2,774 6,381 5,433
Mortgage banking fees 576 932 1,002 2,618
Insurance agency income 1,160 0 2,261 0
SBA gains 249 473 571 629
BOLI income 2,068 1,349 3,984 2,683
Other 4,755 4,073 11,329 7,134
Noninterest income, excluding securities gains (losses) 21,752 17,264 44,090 33,089
Securities losses, net (176) (300) (69) (752)
Total Noninterest Income 21,576 16,964 44,021 32,337
Noninterest Expense:        
Salaries and wages 45,155 28,056 92,771 56,275
Employee benefits 7,472 4,151 16,034 9,652
Outsourced data processing costs 20,222 6,043 34,775 12,199
Telephone / data lines 1,518 908 2,599 1,641
Occupancy 7,065 4,050 14,003 8,036
Furniture and equipment 2,345 1,588 4,612 3,014
Marketing 2,047 1,882 4,285 3,053
Legal and professional fees 4,062 2,946 11,541 7,735
FDIC assessments 2,116 699 3,559 1,488
Amortization of intangibles 7,654 1,446 14,381 2,892
Foreclosed property expense and net (gain) loss on sale (57) (968) 138 (1,132)
Provision for credit losses on unfunded commitments 0 0 1,239 142
Other 8,266 5,347 15,403 10,070
Total Noninterest Expense 107,865 56,148 215,340 115,065
Income Before Income Taxes 41,438 41,641 55,962 68,063
Provision for income taxes 10,189 8,886 12,886 14,720
Net Income $ 31,249 $ 32,755 $ 43,076 $ 53,343
Net income per share of common stock        
Diluted (in dollars per share) $ 0.37 $ 0.53 $ 0.52 $ 0.86
Basic (in dollars per share) $ 0.37 $ 0.53 $ 0.52 $ 0.87
Average common shares outstanding        
Diluted (in shares) 85,536 61,923 83,260 61,818
Basic (in shares) 85,022 61,409 82,600 61,269