v3.26.1
Unaudited Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest and dividend income:    
Loans and leases $ 266,935 $ 143,309
Debt securities 16,510 6,765
Restricted equity securities 843 1,203
Short-term investments 8,096 2,451
Total interest and dividend income 292,384 153,728
Interest expense:    
Deposits 93,056 53,478
Borrowed funds 8,554 14,420
Total interest expense 101,610 67,898
Net interest income 190,774 85,830
Provision for credit losses on loans 7,899 5,974
Provision for credit losses on investments 47 12
Net interest income after provision for credit losses 182,828 79,844
Non-interest income:    
Loan level derivative income 775 70
Gain on sales of loans and leases held-for-sale 2,689 24
Other 5,306 1,321
Total non-interest income 23,947 5,660
Non-interest expense:    
Compensation and employee benefits 69,650 35,853
Occupancy 13,097 5,721
Equipment and data processing 20,127 7,012
Professional services 2,462 1,726
FDIC insurance 4,320 2,037
Advertising and marketing 1,679 868
Amortization of identified intangible assets 8,328 1,430
Merger and restructuring expense 13,025 971
Other 8,134 4,404
Total non-interest expense 140,822 60,022
Income before provision for income taxes 65,953 25,482
Provision for income taxes 19,736 6,382
Net income $ 46,217 $ 19,100
Earnings per common share:    
Basic (in dollars per share) $ 0.55 $ 0.21
Diluted (in dollars per share) $ 0.55 $ 0.21
Weighted average common shares outstanding:    
Basic (in shares) 83,816,086 89,103,510
Diluted (in shares) 83,903,440 89,567,747
Dividends paid per common share (in dollars per share) $ 0.3225 $ 0.135
Deposit fees    
Non-interest income:    
Non-interest income, fees $ 8,347 $ 2,361
Loan fees    
Non-interest income:    
Non-interest income, fees 2,366 393
Wealth management fees    
Non-interest income:    
Non-interest income, fees $ 4,464 $ 1,491