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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Interest and fees on loans $ 149,871 $ 73,970 $ 433,304 $ 210,395
Interest and dividends on securities 21,498 15,791 61,842 38,497
Interest on interest bearing deposits and other investments 8,477 1,643 16,974 4,493
Total Interest Income 179,846 91,404 512,120 253,385
Interest on deposits 38,396 1,623 81,612 3,384
Interest on time certificates 16,461 380 36,490 1,284
Interest on borrowed money 5,683 1,117 16,597 2,264
Total Interest Expense 60,540 3,120 134,699 6,932
Net Interest Income 119,306 88,284 377,421 246,453
Provision for credit losses 2,694 4,676 33,528 12,054
Net Interest Income after Provision for Credit Losses 116,612 83,608 343,893 234,399
Noninterest income:        
Service charges on deposit accounts 4,648 3,504 13,450 9,713
Interchange income 1,684 4,138 11,444 12,521
Wealth management income 3,138 2,732 9,519 8,165
Mortgage banking fees 410 434 1,412 3,052
Insurance agency income 1,183 0 3,444 0
SBA gains 613 108 1,184 737
BOLI income 2,197 1,363 6,181 4,046
Other 4,307 4,186 15,636 11,320
Noninterest income, excluding securities gains (losses) 18,180 16,465 62,270 49,554
Securities losses, net (387) (362) (456) (1,114)
Total Noninterest Income 17,793 16,103 61,814 48,440
Noninterest Expense:        
Salaries and wages 46,431 28,420 139,202 84,695
Employee benefits 7,206 4,074 23,240 13,726
Outsourced data processing costs 8,714 5,393 43,489 17,592
Telephone / data lines 1,409 973 4,008 2,614
Occupancy 6,349 5,046 20,352 13,082
Furniture and equipment 2,052 1,462 6,664 4,476
Marketing 1,876 1,461 6,161 4,514
Legal and professional fees 2,679 3,794 14,220 11,529
FDIC assessments 2,258 760 5,817 2,248
Amortization of intangibles 7,457 1,446 21,838 4,338
Foreclosed property expense and net loss (gain) on sale 274 9 412 (1,123)
Provision for credit losses on unfunded commitments 0 1,015 1,239 1,157
Other 7,210 7,506 22,613 17,576
Total Noninterest Expense 93,915 61,359 309,255 176,424
Income Before Income Taxes 40,490 38,352 96,452 106,415
Provision for income taxes 9,076 9,115 21,962 23,835
Net Income $ 31,414 $ 29,237 $ 74,490 $ 82,580
Net income per share of common stock        
Diluted (in dollars per share) $ 0.37 $ 0.47 $ 0.89 $ 1.33
Basic (in dollars per share) $ 0.37 $ 0.48 $ 0.89 $ 1.35
Average common shares outstanding        
Diluted (in shares) 85,666 61,961 83,993 61,867
Basic (in shares) 85,142 61,442 83,457 61,327