v3.26.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest and fees on loans $ 168,298 $ 115,351
Interest and dividends on investment securities:    
Taxable 10,799 4,987
Tax-exempt 1,978 1,097
Dividends 935 889
Interest on federal funds sold and other short-term investments 2,387 2,465
Total interest income 184,397 124,789
Interest expense    
Deposits 65,682 53,992
Borrowings 9,911 5,041
Total interest expense 75,593 59,033
Net interest income 108,804 65,756
Provision for credit losses 5,200 3,500
Net interest income after provision for credit losses 103,604 62,256
Noninterest income    
Deposit, loan and other income 3,283 2,006
Income on bank owned life insurance 2,951 1,584
Net gains on sale of loans held-for-sale 427 332
Net gains on equity securities 135 529
Total noninterest income 6,796 4,451
Noninterest expenses    
Salaries and employee benefits 32,768 22,578
Occupancy and equipment 5,345 2,680
FDIC insurance 2,000 1,800
Professional and consulting 3,108 2,366
Marketing and advertising 926 595
Information technology and communications 5,243 4,604
Merger expenses and restructuring charges 2,125 1,320
Bank owned life insurance restructuring charge 0 327
Amortization of core deposit intangibles 2,845 279
Other expenses 3,509 2,756
Total noninterest expenses 57,869 39,305
Income before income tax expense 52,531 27,402
Income tax expense 14,709 7,160
Net income 37,822 20,242
Preferred dividends 1,509 1,509
Net income available to common stockholders $ 36,313 $ 18,733
Earnings per common share    
Basic (in dollars per share) $ 0.72 $ 0.49
Diluted (in dollars per share) $ 0.72 $ 0.49