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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest Income      
Interest and fees on loans $ 278,027 $ 219,013 $ 213,099
Interest on investment securities:      
Taxable interest income 53,536 32,076 20,429
Tax-exempt interest income 4,387 2,402 725
Other, principally overnight investments 5,007 2,427 3,431
Total interest income 340,957 255,918 237,684
Interest Expense      
Interest on deposits 11,349 7,881 16,301
Interest on borrowings 4,754 1,642 3,261
Total interest expense 16,103 9,523 19,562
Net interest income 324,854 246,395 218,122
Provision for loan losses 12,600 9,611 35,039
(Reversal of) provision for unfunded commitments (200) 5,420 0
Total provision for credit losses 12,400 15,031 35,039
Net interest income after provision for credit losses 312,454 231,364 183,083
Noninterest Income      
Service charges on deposit accounts 15,523 12,317 11,098
Other service charges, commissions and fees 26,294 25,516 20,097
Fees from presold mortgage loans 2,102 10,975 14,183
Commissions from sales of insurance and financial products 5,195 6,947 8,848
SBA consulting fees 2,608 7,231 8,644
SBA loan sale gains 5,076 7,329 7,973
Bank-owned life insurance income 3,847 2,885 2,533
Securities (losses) gains, net 0 (1,237) 8,024
Other gains (losses), net 7,340 1,648 (54)
Total noninterest income 67,985 73,611 81,346
Noninterest Expense      
Salaries 96,321 86,815 84,941
Employee benefits 21,397 16,434 16,027
Total personnel expense 117,718 103,249 100,968
Occupancy expense 12,796 11,528 11,278
Equipment related expenses 5,808 4,492 4,285
Merger and acquisition expenses 5,072 16,845 0
Intangibles amortization 3,684 3,531 3,956
Foreclosed property (gains) losses, net (372) 24 547
Other operating expenses 50,514 44,987 40,264
Total noninterest expense 195,220 184,656 161,298
Income before income taxes 185,219 120,319 103,131
Income tax expense 38,283 24,675 21,654
Net income $ 146,936 $ 95,644 $ 81,477
Earnings per common share: Basic (in usd per shares) $ 4.12 $ 3.19 $ 2.81
Earnings per common share: Diluted (in usd per share) 4.12 3.19 2.81
Dividends declared per common share (in usd per shares) $ 0.88 $ 0.80 $ 0.72
Weighted average common shares outstanding:      
Basic (in shares) 35,485,620 29,876,151 28,839,866
Diluted (in shares) 35,674,730 30,027,785 28,981,567