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Consolidated statement of profit or loss - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Interest income:      
Deposits $ 92,549 $ 80,622 $ 18,836
Securities 50,806 32,426 24,000
Loans 641,677 566,212 289,785
Total interest income 785,032 679,260 332,621
Interest expense:      
Deposits (300,890) (217,042) (66,044)
Securities sold under repurchase agreements (11,675) (9,232) (7,340)
Borrowings and debt (212,636) (219,219) (110,647)
Lease liabilities (620) (584) (579)
Total interest expense (525,821) (446,077) (184,610)
Net interest income 259,211 233,183 148,011
Other income (expense):      
Fees and commissions, net 44,401 32,519 19,791
Loss on financial instruments, net (483) (45) (1,410)
Other income, net 507 462 280
Total other income, net 44,425 32,936 18,661
Total revenues 303,636 266,119 166,672
Provision for credit losses (17,299) (27,463) (19,521)
Operating expenses:      
Salaries and other employee expenses (51,923) (47,232) (34,219)
Depreciation and amortization of equipment, leasehold improvements (2,499) (2,280) (2,154)
Amortization of intangible assets (1,064) (814) (561)
Other expenses (24,978) (22,172) (18,177)
Total operating expenses (80,464) (72,498) (55,111)
Segment profit $ 205,873 $ 166,158 $ 92,040
Per share data:      
Basic earnings per share (in dollars per share) $ 5.60 $ 4.55 $ 2.54
Weighted average basic shares (in shares) 36,740 36,481 36,304