Annual report pursuant to Section 13 and 15(d)

Parent Company Financial Statement - Condensed Statement of Cash Flows (Details)

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Parent Company Financial Statement - Condensed Statement of Cash Flows (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income $ 42,052 $ 31,311 $ 21,136
Adjustments to reconcile net income to net cash used in operating activities:      
Amortization of debt issuance costs 156 79  
Net change in operating assets and liabilities:      
Net change in other assets (2,928) 78 520
Net change in other liabilities (573) 6,208 (1,890)
Net cash provided by operating activities 54,411 53,532 28,234
Cash flows from investing activities:      
Net cash provided by (used in) investing activities (156,012) (615,316) 108,499
Cash flows from financing activities:      
Proceeds of borrowings 51,000 220,901 25,598
Repayment of borrowings (214,253) (73,384) (41,318)
Proceeds from capital raise, net of transaction costs [1]     46,535
Purchase of treasury stock (1,096) (15,470) (289)
Exercise of stock options and warrants 3,243 683 1,966
Net cash provided by financing activities 144,355 498,861 100,209
Cash and cash equivalents at beginning of year 263,034    
Cash and cash equivalents at end of year 305,788 263,034  
Supplemental disclosure of noncash investing and financing activities:      
Dividends accrued not paid   1,556  
Parent Company      
Cash flows from operating activities:      
Net income 42,052 31,311 21,136
Adjustments to reconcile net income to net cash used in operating activities:      
Equity in earnings of subsidiaries (46,686) (34,733) (24,686)
Stock-based compensation 1,134 979 665
Amortization of debt issuance costs 155 79  
Net change in operating assets and liabilities:      
Net change in other assets (5,155) (211) (2,616)
Net change in other liabilities (1,728) 1,956 (969)
Net cash provided by operating activities (10,228) (619) (6,470)
Cash flows from investing activities:      
Capital contribution     (11,000)
Net cash paid in business combination     (50,278)
Net cash provided by (used in) investing activities     (61,278)
Cash flows from financing activities:      
Proceeds of borrowings   46,218 21,000
Repayment of borrowings   (10,000) (23,811)
Proceeds from capital raise, net of transaction costs     46,535
Cash dividends paid (8,766) (1,212)  
Purchase of treasury stock (1,096) (15,470) (289)
Exercise of stock options and warrants 3,243 683 1,966
Net cash provided by financing activities (6,619) 20,219 45,401
Net change in cash and cash equivalents (16,847) 19,600 (22,347)
Cash and cash equivalents at beginning of year 24,231 4,631 26,978
Cash and cash equivalents at end of year $ 7,384 24,231 $ 4,631
Supplemental disclosure of noncash investing and financing activities:      
Dividends accrued not paid   $ 1,556  
[1] Shares issued in offering were net of expenses of $442 thousand in 2019 and $452 thousand in 2018.