v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest and dividend income:        
Interest and fees on loans $ 148,604 $ 120,238 $ 293,579 $ 240,445
Interest and dividends on investment securities 10,951 9,834 21,102 18,571
Dividends on other securities 684 466 1,200 946
Interest on interest bearing bank deposits 1,765 682 5,274 1,221
Total interest and dividend income 162,004 131,220 321,155 261,183
Interest expense:        
Interest on deposits 48,900 41,845 97,269 83,112
Interest on borrowings 3,812 1,966 5,792 3,971
Total interest expense 52,712 43,811 103,061 87,083
Net interest income before provision for credit losses 109,292 87,409 218,094 174,100
Provision for credit loss expense 1,500   5,500 10,200
Net interest income after provision for credit losses 107,792 87,409 212,594 163,900
Non-interest income:        
Non-interest income 11,940 11,116 23,297 21,938
Mortgage banking income 2,423 2,547 5,165 5,862
Bank-owned life insurance income 903 776 1,790 1,540
Other non-interest income 7,323 4,884 12,901 7,869
Gain on security sales     246  
Total non-interest income 19,766 17,066 37,745 32,442
Non-interest expense:        
Salaries and benefits 54,366 37,746 111,336 72,108
Occupancy and equipment 16,154 9,436 31,988 20,273
Data processing 7,945 4,452 15,598 8,853
Marketing and business development 1,923 968 3,427 1,914
FDIC deposit insurance 1,402 990 2,760 2,316
Bank card expenses 1,317 1,268 2,395 2,371
Professional fees 3,002 1,680 5,234 3,103
Other non-interest expense 6,408 4,444 14,152 10,086
Other intangible assets amortization 2,433 1,947 4,897 3,924
Total non-interest expense 94,950 62,931 191,787 124,948
Income before income taxes 32,608 41,544 58,552 71,394
Income tax expense 6,118 7,522 11,269 13,141
Net income $ 26,490 $ 34,022 $ 47,283 $ 58,253
Earnings per share-basic (in dollars per share) $ 0.58 $ 0.89 $ 1.04 $ 1.52
Earnings per share-diluted (in dollars per share) 0.58 0.88 1.04 1.51
Common stock dividend $ 0.32 $ 0.3 $ 0.64 $ 0.59
Weighted average number of common shares outstanding:        
Basic (in shares) 44,665,184 38,075,896 44,553,109 38,072,196
Diluted (in shares) 44,915,790 38,151,810 44,761,348 38,186,660
Service charges        
Non-interest income:        
Non-interest income $ 4,501 $ 4,127 $ 8,693 $ 8,245
Bank card fees        
Non-interest income:        
Non-interest income $ 4,616 $ 4,732 $ 8,950 $ 8,926