v3.26.3
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Interest income:        
Loans receivable $ 186,750 $ 177,723 $ 549,768 $ 497,275
Mortgage-backed securities 19,001 12,668 54,024 36,552
Taxable investment securities 1,990 1,183 5,390 3,115
Tax-free investment securities 594 752 2,030 1,776
FHLB stock dividends 1,061 652 2,567 1,336
Interest-earning deposits 775 1,700 3,082 6,789
Total interest income 210,171 194,678 616,861 546,843
Interest expense:        
Deposits 51,298 51,880 152,765 146,031
Borrowed funds 9,923 6,824 25,726 17,576
Total interest expense 61,221 58,704 178,491 163,607
Net interest income 148,950 135,974 438,370 383,236
Provision for credit losses - loans 5,220 31,394 14,454 51,106
Provision/(benefit) for credit losses - unfunded commitments 3,896 (189) 5,668 (3,246)
Net interest income after provision for credit losses 139,834 104,769 418,248 335,376
Noninterest income:        
Gain on sale of investments 313 36 660 36
Gain on sale of SBA loans 1,081 341 3,484 2,398
Service charges and fees 17,935 16,911 51,961 47,695
Trust and other financial services income 10,108 8,040 28,175 23,898
Gain on real estate owned, net 315 132 405 474
Income from bank-owned life insurance 2,222 1,751 6,277 4,503
Mortgage banking income 363 1,003 1,430 2,774
Other operating income 3,590 3,984 10,346 9,713
Total noninterest income 35,927 32,198 102,738 91,491
Noninterest expense:        
Compensation and employee benefits 63,931 63,014 185,737 172,767
Premises and occupancy costs 8,943 7,707 27,300 23,229
Office operations 3,651 3,495 11,186 9,382
Collections expense 1,109 776 2,652 1,942
Processing expenses 17,452 15,072 51,206 42,035
Marketing expenses 2,662 1,932 6,692 6,830
Federal deposit insurance premiums 3,169      
Federal deposit insurance premiums   3,361 5,773 7,985
Professional services 3,094 3,010 10,107 9,756
Amortization of intangible assets 2,070 1,974 6,425 2,914
Merger, asset disposition and restructuring expense 238 31,260 1,295 38,627
Other expenses 2,652 1,897 8,919 7,308
Total noninterest expense 108,971 133,498 317,292 322,775
Income before income taxes 66,790 3,469 203,694 104,092
Federal and state income taxes expense 16,071 302 48,893 23,792
Net income $ 50,719 $ 3,167 $ 154,801 $ 80,300
Basic earnings per share (in dollars per share) $ 0.35 $ 0.02 $ 1.06 $ 0.61
Diluted earnings per share (in dollars per share) $ 0.34 $ 0.02 $ 1.05 $ 0.61