Live Oak Bancshares (LOB) 10-K 23 Feb 23 2022 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2022	Feb. 22, 2023	Jun. 30, 2022
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-37497
Entity Registrant Name	LIVE OAK BANCSHARES, INC.
Entity Incorporation, State or Country Code	NC
Entity Tax Identification Number	26-4596286
Entity Address, Address Line One	1741 Tiburon Drive
Entity Address, City or Town	Wilmington
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	28403
City Area Code	910
Local Phone Number	790-5867
Title of 12(b) Security	Voting Common Stock, no par value per share
Trading Symbol	LOB
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Files	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 1,118,535,078
Entity Common Stock, Shares Outstanding (in shares)		44,146,013
Documents Incorporated by Reference	Portions of the registrant's definitive proxy statement for the 2023 Annual Meeting of Shareholders, which the registrant plans to file subsequent to the date hereof, are incorporated by reference into Part III. Portions of the registrant's annual report to shareholders for the year ended December 31, 2022, which will be posted on the registrant's website subsequent to the date hereof, are incorporated by reference into Part II.
Entity Central Index Key	0001462120
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Amendment Flag	false

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2022
Auditor Information [Abstract]
Auditor Name	FORVIS, LLP (Formerly, Dixon Hughes Goodman LLP)
Auditor Location	Greenville, North Carolina
Auditor Firm ID	686

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 280,239	$ 187,203
Federal funds sold	136,397	16,547
Certificates of deposit with other banks	4,000	4,750
Investment securities available-for-sale	1,014,719	906,052
Loans held for sale (includes $25,310 measured at fair value at December 31, 2021)	554,610	1,116,519
Loans and leases held for investment (includes $494,458 and $645,201 measured at fair value, respectively)	7,344,178	5,521,262
Allowance for credit losses on loans and leases	(96,566)	(63,584)
Net loans and leases	7,247,612	5,457,678
Premises and equipment, net	263,290	240,196
Foreclosed assets	0	620
Servicing assets	26,323	33,574
Other assets	328,308	250,254
Total assets	9,855,498	8,213,393
Deposits:
Noninterest-bearing	194,100	89,279
Interest-bearing	8,690,828	7,022,765
Total deposits	8,884,928	7,112,044
Borrowings	83,203	318,289
Other liabilities	76,334	67,927
Total liabilities	9,044,465	7,498,260
Shareholders’ equity
Preferred stock, no par value, 1,000,000 authorized, none issued or outstanding at December 31, 2022 and December 31, 2021	0	0
Retained earnings	572,497	400,893
Accumulated other comprehensive (loss) income	(92,318)	1,946
Total shareholders’ equity	811,033	715,133
Total liabilities and shareholders’ equity	9,855,498	8,213,393
Class A Common Stock
Shareholders’ equity
Common stock	330,854	310,970
Class B Common Stock
Shareholders’ equity
Common stock	$ 0	$ 1,324

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Loans held-for-sale, fair value		$ 25,310
Loans and leases held for investment, fair value	$ 494,458	$ 645,201
Preferred stock, par value	$ 0	$ 0
Preferred stock authorized (in shares)	1,000,000	1,000,000
Preferred stock issued (in shares)	0	0
Preferred stock outstanding (in shares)	0	0
Class A Common Stock
Common stock, par value	$ 0	$ 0
Common stock authorized (in shares)	100,000,000	100,000,000
Common stock issued (in shares)	44,061,244	43,494,046
Common stock outstanding (in shares)	44,061,244	43,494,046
Class B Common Stock
Common stock, par value	$ 0	$ 0
Common stock authorized (in shares)	10,000,000	10,000,000
Common stock issued (in shares)	0	125,024
Common stock outstanding (in shares)	0	125,024

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Interest income
Loans and fees on loans	$ 418,545	$ 347,738	$ 270,770
Investment securities, taxable	19,667	12,533	15,016
Other interest earning assets	6,261	942	2,622
Total interest income	444,473	361,213	288,408
Interest expense
Deposits	115,035	59,740	89,726
Borrowings	1,937	4,688	3,959
Total interest expense	116,972	64,428	93,685
Net interest income	327,501	296,785	194,723
Provision for loan and lease credit losses	40,943	15,210	40,658
Net interest income after provision for loan and lease credit losses	286,558	281,575	154,065
Noninterest income
Loan servicing revenue	25,359	25,219	26,600
Loan servicing asset revaluation	(16,577)	(11,726)	(9,958)
Net gains on sales of loans	43,244	67,280	49,473
Net gain (loss) on loans accounted for under the fair value option	1,046	4,257	(13,083)
Equity method investments income (loss)	144,250	(1,716)	(14,691)
Equity security investments gains (losses), net	3,355	44,752	14,909
Gain on sale of investment securities available-for-sale, net	0	0	1,880
Lease income	10,084	10,263	10,508
Management fee income	10,090	6,378	6,352
Other noninterest income	17,141	15,493	14,010
Total noninterest income	237,992	160,200	86,000
Noninterest expense
Salaries and employee benefits	170,822	124,932	112,525
Travel expense	8,499	5,809	3,451
Professional services expense	11,737	15,135	6,359
Advertising and marketing expense	10,543	5,002	3,510
Occupancy expense	11,088	8,423	8,757
Technology expense	28,434	22,648	15,681
Equipment expense	15,120	14,869	15,394
Equipment expense	13,168	13,529	10,790
Renewable energy tax credit investment impairment	16,217	3,187	0
FDIC insurance	9,756	7,070	7,473
Contributions and donations	6,462	2,331	1,238
Other expense	12,380	8,052	7,498
Total noninterest expense	314,226	230,987	192,676
Income before taxes	210,324	210,788	47,389
Income tax expense (benefit)	34,116	43,793	(12,154)
Net income	$ 176,208	$ 166,995	$ 59,543
Basic earnings per share (in dollars per share)	$ 4.02	$ 3.87	$ 1.46
Diluted earnings per share (in dollars per share)	$ 3.92	$ 3.71	$ 1.43

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Comprehensive Income [Abstract]
Net income	$ 176,208	$ 166,995	$ 59,543
Other comprehensive (loss) income before tax:
Net unrealized (loss) gain on investment securities available-for-sale during the period	(124,032)	(25,738)	14,752
Reclassification adjustment for gain on sale of securities available- for-sale included in net income	0	0	(1,880)
Other comprehensive (loss) income before tax	(124,032)	(25,738)	12,872
Income tax benefit (expense)	29,768	6,177	(3,089)
Other comprehensive (loss) income, net of tax	(94,264)	(19,561)	9,783
Total comprehensive income	$ 81,944	$ 147,434	$ 69,326

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Common stock	Common stock Class A Common Stock	Common stock Class B Common Stock	Retained earnings	Retained earnings Cumulative Effect, Period of Adoption, Adjustment	Accumulated other comprehensive income (loss)
Beginning balance (in shares) at Dec. 31, 2019				37,401,443	2,915,531
Beginning balance at Dec. 31, 2019	$ 532,386		$ 340,397			$ 180,265		$ 11,724
Beginning balance (Accounting Standards Update 2016-02) at Dec. 31, 2019		$ 822					$ 822
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	59,543					59,543
Other comprehensive income (loss)	9,783							9,783
Issuance of restricted stock (in shares)				1,510,066
Tax withholding related to vesting of restricted stock and other	(49,229)		(49,229)
Employee stock purchase program (in shares)				39,253
Employee stock purchase program	520		520
Non-voting common stock converted to voting common stock in private sale				1,807,774	(1,807,774)
Stock option exercises (in shares)				496,226
Stock option exercises	3,069		3,069
Stock option based compensation expense	1,594		1,594
Restricted stock expense	13,146		13,146
Issuance of common stock in connection with acquisition of wholly-owned subsidiary (in shares)				89,927
Issuance of common stock in connection with acquisition of wholly-owned subsidiary	1,122		1,122
Cash dividends	(4,906)					(4,906)
Ending balance (in shares) at Dec. 31, 2020				41,344,689	1,107,757
Ending balance at Dec. 31, 2020	567,850		310,619			235,724		21,507
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	166,995					166,995
Other comprehensive income (loss)	(19,561)							(19,561)
Issuance of restricted stock (in shares)				453,127
Tax withholding related to vesting of restricted stock and other	(19,151)		(19,151)
Employee stock purchase program (in shares)				13,674
Employee stock purchase program	670		670
Non-voting common stock converted to voting common stock in private sale				982,733	(982,733)
Stock option exercises (in shares)				709,823
Stock option exercises	4,158		4,158
Stock option based compensation expense	1,379		1,379
Restricted stock expense	15,572		15,572
Transfer from retained earnings to other assets for pro rata portion of equity method investee stock compensation expense	3,360					3,360
Repurchase and retirement of shares securing a note receivable (in shares)				(10,000)
Repurchase and retirement of shares securing a note receivable	(953)		(953)
Cash dividends	(5,186)					(5,186)
Ending balance (in shares) at Dec. 31, 2021				43,494,046	125,024
Ending balance at Dec. 31, 2021	715,133		312,294			400,893		1,946
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	176,208					176,208
Other comprehensive income (loss)	(94,264)							(94,264)
Issuance of restricted stock (in shares)				211,235
Tax withholding related to vesting of restricted stock and other	(4,972)		(4,972)
Employee stock purchase program (in shares)				29,383
Employee stock purchase program	$ 1,067		1,067
Non-voting common stock converted to voting common stock in private sale				125,024	(125,024)
Stock option exercises (in shares)	228,941			201,556
Stock option exercises	$ 2,118		2,118
Stock option based compensation expense	942		942
Restricted stock expense	19,405		19,405
Transfer from retained earnings to other assets for pro rata portion of equity method investee stock compensation expense	662					662
Cash dividends	(5,266)					(5,266)
Ending balance (in shares) at Dec. 31, 2022				44,061,244	0
Ending balance at Dec. 31, 2022	$ 811,033		$ 330,854			$ 572,497		$ (92,318)

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Stockholders' Equity [Abstract]
Cash dividends (in dollars per share)	$ 0.12	$ 0.12	$ 0.12

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities
Net income	$ 176,208	$ 166,995	$ 59,543
Adjustments to reconcile net income to net cash provided (used) by operating activities:
Depreciation and amortization	20,779	21,366	21,688
Provision for loan and lease credit losses	40,943	15,210	40,658
Amortization of premium on securities, net of accretion	3,420	6,461	3,359
Deferred tax expense (benefit)	27,129	24,808	(17,447)
Originations of loans held for sale	(1,042,061)	(1,364,168)	(1,183,152)
Proceeds from sales of loans held for sale	1,067,758	1,092,222	875,393
Net gains on sale of loans held for sale	(43,244)	(67,280)	(49,473)
Net (gain) loss on sale of foreclosed assets	(24)	(779)	12
Net (gain) loss on loans accounted for under fair value option	(1,046)	(4,257)	13,083
Net decrease in servicing assets	7,251	344	1,447
Gain on sale of investment securities available-for-sale, net	0	0	(1,880)
Net (gain) loss on sale or disposal of long lived asset	0	(114)	6
Net loss (gain) on disposal of premises and equipment	31	(48)	38
Impairment on premises and equipment, net	0	904	1,263
Equity method investments (income) loss	(144,250)	1,716	14,691
Equity security investments (gains) losses, net	(3,355)	(44,752)	(14,909)
Renewable energy tax credit investment impairment	16,217	3,187	0
Stock option compensation expense	942	1,379	1,594
Restricted stock compensation expense	19,405	15,572	13,146
Stock based compensation excess tax benefit	531	9,340	22,043
Business combination contingent consideration fair value adjustment	(86)	99	163
Lease right-of-use assets and liabilities, net	232	(26)	42
Changes in assets and liabilities:
Other assets	(15,889)	1,754	(64,323)
Other liabilities	(6,406)	350	2,018
Net cash provided (used) by operating activities	124,485	(119,717)	(260,997)
Cash flows from investing activities
Purchases of investment securities available-for-sale	(397,346)	(428,246)	(396,187)
Proceeds from sales, maturities, calls, and principal paydowns of investment securities available-for-sale	161,227	240,093	197,527
Proceeds from SBA reimbursement/sale of foreclosed assets, net	1,837	6,786	5,282
Business combination, net of cash acquired	0	0	(895)
Maturities of certificates of deposit with other banks	750	1,750	750
Loan and lease originations and principal collections, net	(1,268,871)	8,824	(2,414,016)
Proceeds from sale of long lived asset	0	8,988	9,063
Purchases of equity security investments	(9,283)	0	0
Purchases of equity method investments	(35,955)	0	0
Proceeds from sale of equity security investments	625	15,000	0
Proceeds from sale of equity method investments	148,423	0	0
Proceeds from sale of premises and equipment	0	84	4
Purchases of premises and equipment, net	(43,751)	(3,082)	(20,989)
Net cash used by investing activities	(1,442,344)	(149,803)	(2,619,461)
Cash flows from financing activities
Net increase in deposits	1,772,884	1,399,216	1,485,848
Proceeds from borrowings	62,096	602,848	1,828,033
Repayment of borrowings	(297,182)	(1,826,652)	(285,954)
Stock option exercises	2,118	4,158	3,069
Employee stock purchase program	1,067	670	520
Withholding cash issued in lieu of restricted stock and other	(4,972)	(19,151)	(49,229)
Repurchase and retirement of shares	0	(953)	0
Shareholder dividend distributions	(5,266)	(5,186)	(4,906)
Net cash provided by financing activities	1,530,745	154,950	2,977,381
Net increase (decrease) in cash and cash equivalents	212,886	(114,570)	96,923
Cash and cash equivalents at beginning of year	203,750	318,320	221,397
Cash and cash equivalents at end of year	416,636	203,750	318,320
Supplemental disclosure of cash flow information
Interest paid	117,516	66,844	91,801
Income tax paid, net	24,708	19,722	11,486
Supplemental disclosures of noncash operating, investing, and financing activities
Unrealized holding (losses) gains on investment securities available-for-sale, net of taxes	(94,264)	(19,561)	9,783
Transfers from loans and leases to foreclosed real estate and other repossessions or SBA receivable	18,496	13,346	16,091
Net transfers between foreclosed real estate and SBA receivable	(15)	(1,643)	252
Transfer aircraft from premises and equipment, net to held for sale assets	0	0	17,943
Transfer of loans held for sale to loans and leases held for investment	930,612	638,696	295,981
Transfer of loans and leases held for investment to loans held for sale	468,042	338,873	97,341
Transfer from retained earnings to other assets for pro rata portion of equity method investee stock compensation expense	662	3,360	0
Equity method investment commitments	17,022	0	2,940
Equity security investment commitments	394	2,245	0
Business combination:
Assets acquired (excluding goodwill)	0	0	2,523
Liabilities assumed	0	0	2,074
Goodwill recorded	$ 0	$ 0	$ 1,797

Organization and Summary of Sig

Organization and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Summary of Significant Accounting Policies	Organization and Summary of Significant Accounting Policies Organization Live Oak Bancshares, Inc. (collectively with its subsidiaries including Live Oak Banking Company, the “Company”) is a bank holding company headquartered in Wilmington, North Carolina incorporated under the laws of North Carolina in December 2008. The Company conducts business operations primarily through its commercial bank subsidiary, Live Oak Banking Company (the “Bank”). The Bank was organized and incorporated under the laws of the State of North Carolina on February 25, 2008 and commenced operations on May 12, 2008. The Bank has satellite sales offices across the United States. The Bank specializes in lending and deposit related services to small businesses nationwide. The Bank identifies and extends lending to credit-worthy borrowers both within specific industries, also called verticals, through expertise within those industries, and more broadly to select borrowers outside of those industries. A significant portion of the loans originated by the Bank are partially guaranteed by the Small Business Administration (“SBA”) under the 7(a) Loan Program and the U.S. Department of Agriculture (“USDA”) Rural Energy for America Program (“REAP”), Water and Environmental Program (“WEP”), Business & Industry (“B&I”) and Community Facilities loan programs. The Company’s wholly owned material subsidiaries are the Bank, Government Loan Solutions (“GLS”), Live Oak Grove, LLC (“Grove”), Live Oak Ventures, Inc. (“Live Oak Ventures”), and Canapi Advisors, LLC (“Canapi Advisors”). GLS is a management and technology consulting firm that advises and offers solutions and services to participants in the government guaranteed lending sector. GLS primarily provides services in connection with the settlement, accounting, and securitization processes for government guaranteed loans, including loans originated under the SBA 7(a) loan programs and USDA guaranteed loans. The Grove provides Company employees and business visitors an on-site restaurant location. Live Oak Ventures’ purpose is investing in businesses that align with the Company's strategic initiative to be a leader in financial technology. Canapi Advisors provides investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies. The Bank’s wholly owned subsidiaries are Live Oak Number One, Inc., Live Oak Clean Energy Financing LLC (“LOCEF”), Live Oak Private Wealth, LLC (“Live Oak Private Wealth”) and Tiburon Land Holdings, LLC (“TLH”). Live Oak Number One, Inc. holds properties foreclosed on by the Bank. LOCEF provides financing to entities for renewable energy applications. Live Oak Private Wealth provides high-net-worth individuals and families with strategic wealth and investment management services. During the first quarter of 2022, Jolley Asset Management, LLC (“JAM”) was merged into Live Oak Private Wealth. JAM was previously a wholly owned subsidiary of Live Oak Private Wealth. See Business Combination discussion below for more information on the acquisition of JAM in 2020. TLH was formed in the third quarter of 2022 to hold land adjacent to the Bank's headquarters consisting of wetlands and other protected property for the use and enjoyment of the Bank's employees and customers. Basis of Presentation Dollar amounts in all tables in the Notes to Consolidated Financial Statements have been presented in thousands, except percentage, time period, stock option, share and per share data. The accounting and reporting policies of the Company and the Bank follow United States generally accepted accounting principles (“GAAP”) and general practices within the financial services industry. The following is a description of the significant accounting and reporting policies the Company follows in preparing and presenting its consolidated financial statements. The Company has evaluated subsequent events for potential recognition and/or disclosure through the date these consolidated financial statements were issued. Consolidation Policy The consolidated financial statements include the financial statements of the Company and its directly and indirectly wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. The Company evaluates its relationships with other entities to identify whether they are a voting interest entity or variable interest entity (“VIE”). Voting interest entities are entities that generally (1) have sufficient equity to finance their activities and (2) provide the equity investors with power to make significant decisions relating to the entity’s operations. A voting interest entity is consolidated if the Company holds majority voting rights. The Company is considered to hold a controlling financial interest in a VIE when it is the primary beneficiary. A primary beneficiary has both (1) the power to direct the activities that most significantly impact the VIE’s economic performance, and (2) the obligation to absorb losses or receive benefits of a VIE that could potentially be significant to a VIE. The parties that make investment and investment decisions, or parties that can unilaterally remove those decision makers are deemed to have the power to direct the activities of a VIE. The Company considers all of its economic interests in the VIE when determining whether it has the obligation to absorb losses or the right to receive benefits from the VIE. For details on the Company’s VIE investments refer to Note 2. Securities, “Variable Interest Entities.” Business Combinations Business combinations are accounted for by applying the acquisition method in accordance with Accounting Standards Codification (ASC) 805, Business Combinations. Under the acquisition method, identifiable assets acquired and liabilities assumed, and any non-controlling interest in the acquiree at the acquisition date are measured at their fair values as of that date, and are recognized separately from any resulting goodwill. Results of operations of the acquired entities are included in the consolidated statements of income and comprehensive income from the date of acquisition. Any subsequent measurement-period adjustments are recorded within 12 months of the acquisition date. On April 1, 2020, the Company acquired 100% of the equity interests of JAM, a registered investment advisor based in Rocky Mount, North Carolina. Goodwill, intangible assets and contingent consideration of $1.8 million, $2.3 million and $2.1 million, respectively, were recorded by the Company as a result of this transaction. Intangible assets are almost entirely comprised of customer relationships that are being amortized using the straight-line method over 15 years. As a result of this acquisition, the Bank's wholly owned subsidiary Live Oak Private Wealth, broadened service offerings to existing high-net-worth individuals and families, attracted new clients from an expanded footprint and benefited from economies of scale. The acquisition did not materially impact the Company's financial position, results of operations or cash flows. Given the impact of the above acquisition was immaterial to the Company and its results of operations, additional disclosures have not been included . Business Segments Operating segments are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. Management has determined that the Company has two reportable operating segments: Banking and Fintech, as discussed more fully in Note 16. Segments. Use of Estimates In preparing financial statements in conformity with GAAP, management is required to make estimates and assumptions that affect reported amounts of assets and liabilities as of the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for credit losses on loans and leases, valuations of loans at fair value and servicing assets. Cash and Cash Equivalents For the purpose of presentation in the consolidated statements of cash flows, cash and cash equivalents are defined as those amounts included in the balance sheet caption “cash and due from banks” and “federal funds sold.” Cash and cash equivalents have an initial maturity of three months or less. To comply with banking regulations, the Company is required to maintain certain average cash reserve balances. The daily average cash reserve requirement was suspended for the years ended December 31, 2022 and 2021. Certificates of Deposit with other Banks Certificates of deposit with other banks have maturities ranging from September 2023 through December 2023 and bear interest at rates ranging from 0.20% to 3.55%. All investments in certificates of deposit are with FDIC insured financial institutions and none exceed the maximum insurable amount of $250 thousand. Investments Debt Securities Debt securities that management has the positive intent and ability to hold to maturity are classified as held-to-maturity and recorded at amortized cost. Securities that may be sold prior to maturity are classified as available-for-sale and recorded at fair value. Unrealized gains and losses for available-for-sale investment securities, other than certain credit-related impairment losses, are excluded from earnings and reported in other comprehensive income. The Company’s entire portfolio of debt securities is classified as available-for-sale for the periods presented. Purchase premiums and discounts on debt securities are recognized in interest income using the interest method over the terms of the securities. Gains and losses on the sales of these securities are typically recorded on the trade date and are determined using the specific identification method. When debt securities are in an unrealized loss position, the Company first assesses whether it intends to sell, or it is more likely than not that it will be required to sell, the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. Debt securities that do not meet the aforementioned criteria are evaluated to determine whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected from the security is less than the amortized cost basis, a credit loss exists and an allowance for credit losses (“ACL”) is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an ACL is recognized in other comprehensive income. Changes in the ACL are recorded as provision for, or reversal of, credit loss expense. Losses are charged against the allowance when management believes the uncollectibility of an available-for-sale security is confirmed or when either of the criteria regarding intent or requirement to sell is met. Management has made the accounting policy election to exclude accrued interest receivable on available-for-sale debt securities from the estimate of credit losses. Securities are charged-off against the allowance or, in the absence of any allowance, written down through income when deemed uncollectible by management or when either of the aforementioned criteria regarding intent or requirement to sell is met. Equity Investments Equity investments are generally non-marketable investments and are included in the other assets line in the consolidated balance sheets. Earnings impacts are reflected in the equity method investments income (loss) and equity security investments gains (losses), net line items on the consolidated statements of income . The Company generally accounts for equity investments either under the equity method or equity security accounting. Investments through which there is significant influence but not control over the investee are accounted for under the equity method. The determination of whether the Company has significant influence over an investee requires judgement based on the facts and circumstances of each investment including level of ownership, power to control and legal structure. Significant influence is generally presumed to exist in privately held companies where the Company owns at least 20%, or 5% for limited partnerships or limited liability companies in certain circumstances, or circumstances where there is ability to exercise significant influence over the investee’s operating and financial policies through board involvement or other influence. Under the equity method, the Company recognizes its proportionate share of the results of operations of the investee based on most current information available. In instances where cash distributions vary at different points and/or are not directly linked to the Company’s ownership percentage, the investee’s net income or loss is allocated using the hypothetical liquidation at book value (“HLBV”) method. Investments through which the Company is not able to exercise significant influence over the investee are accounted for as equity securities whereby investments are measured at fair value with changes in fair value recognized in net income, unless those investments have no readily determinable fair value. Investments without a readily determinable fair value are measured at cost minus impairment, if any, plus or minus changes in value resulting from observable price changes arising from orderly transactions . Management considers a range of factors when adjusting the fair value of these investments, including, but not limited to, the term and nature of the investment, market conditions, values for comparable securities, current and projected operating performance, exit strategies, financing transactions subsequent to the acquisition of the investment and a discount for certain investments that have lock-up restrictions or other features that indicate a discount to fair value is warranted. For equity securities not accounted for at fair value, any impairment is recognized with the full charge recorded in earnings. To determine whether such equity security is impaired, the Company considers various indicators of impairment, including (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. Federal Home Loan Bank Stock Membership in the Federal Home Loan Bank of Atlanta (“FHLB”) requires ownership of FHLB stock. FHLB stock is restricted because it may only be sold to the FHLB and all sales must be at par. FHLB stock is carried at cost minus impairment, if any, and is recorded within other assets in the consolidated balance sheets. FHLB stock was $4.1 million and $3.9 million at December 31, 2022 and 2021, respectively. Loans and Leases Fair Value Option Prior to 2021, management evaluated retained participating interests in government guaranteed loans for the fair value option election. Those loans for which the fair value option were elected are measured at fair value and classified as either held for sale or held for investment, as outlined below. Not electing fair value generally results in a larger discount being recorded on the date of the sale. This discount will subsequently be accreted into interest income over the underlying loan’s remaining term using the effective interest method. Management made this change of election in alignment with its ongoing effort to reduce volatility and drive more predictable revenue. In accordance with accounting standards, any loans for which fair value was previously elected continue to be measured as such. Interest income is recognized in the same manner on loans reported at fair value as on non-fair value loans, except in regard to origination fees and costs which are recognized immediately upon fair value election. The changes in fair value of loans are reported in noninterest income. Fair value of loans includes adjustments for historical credit losses, market liquidity, and economic conditions. The credit loss adjustment is estimated using a discounted cash flow (“DCF”) methodology for each loan which incorporates measurements of (i) probability of default (“PD”), which is the likelihood a loan or lease will stop performing, (ii) loss given default (“LGD”), which is the expected loss rate for loans or leases in default, (iii) prepayments, (iv) the estimated outstanding exposure at default (“EAD”), and (v) the effective interest rate (“EIR”). PD rates are calculated using the number of defaults divided by the number of loans available to default for 1-year observation periods over the lifetime of data available for a certain pool. LGD rates are calculated by dividing the lifetime net charge-offs for each pool by the pool’s average outstanding balance. PD and LGD rates are adjusted for forecasted national unemployment rates during a reasonable and supportable forecast period. Management has determined that four quarters represents a reasonable and supportable forecast period and adjusted loss rates revert back to a historical loss rate over four quarters on a straight-line basis. Expected losses are calculated as the product of PD, LGD, and EAD. Expected losses are discounted using the loan or lease EIR, adjusted for prepayments. Market liquidity and economic condition adjustments are estimated using the sale prices of similar loans based on rate, term, and asset size. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. Held for Sale Management designates loans as held for sale based on its intent to sell loans, or portions of loans, in established secondary markets or to participant banks and credit unions. Salability requirements of government guaranteed portions include, but are not limited to, full disbursement of the loan commitment amount. Loans held for sale are carried at either fair value, if the fair value option is elected, or the lower of cost or estimated fair value determined on a loan-by-loan basis. Net unrealized losses, if any, on loans without a fair value election, are recognized through a valuation allowance and recorded as a charge to noninterest income. The cost basis of loans held for sale includes unamortized loan origination fees and costs. The pro-rata portion, based on the percent of the total loan sold, of the remaining deferred fees and costs are recognized as an adjustment to the gain on sale. Transfers of loans, or portions of loans that meet the definition of a participating interest are accounted for as sales on the transaction settlement date when control has been surrendered. Control is deemed surrendered when the loans have been (1) legally isolated from the Company, (2) the transferee obtains the right to pledge or transfer the loans free of conditions that constrain it from using that right, and (3) the Company does not maintain effective control over the loans through a repurchase agreement or other means. If the transfer is accounted for as a sale, the loans are derecognized from the Company’s consolidated balance sheet and a gain or loss is recognized in net gains on sales of loans line item on the consolidated statements of income. The gain on sale recognized in income is the sum of the premium on the guaranteed loan and the fair value of the servicing assets recognized, less the discount recorded on the unguaranteed portion of the loan retained, and any fair value fluctuations in associated exchange-traded interest rate futures contracts. If the transfer does not satisfy the aforementioned control criteria, the transaction is recorded as a secured borrowing with the transferred loans remaining on the Company’s consolidated balance sheet and proceeds recognized as a liability. In accordance with SBA and USDA regulation, the Bank is required to retain 10% and 7.5% of the principal balance of any SBA 7(a) or USDA loan, respectively, comprised of unguaranteed dollars. With written consent from the SBA, the Bank may sell down to a 5% exposure comprised of unguaranteed dollars. The Company occasionally transfers loans between the held for sale and held for investment classifications based on its intent and ability to hold or sell loans. Management’s intent to sell may be impacted by secondary market conditions, loan credit quality, or other factors. The following summarizes the activity pertaining to loans held for sale for the years ended December 31, 2022 and 2021: 2022 2021 Balance at beginning of year $ 1,116,519 $ 1,175,470 Originations 1,042,061 1,364,168 Proceeds from sale (1,067,758) (1,092,222) Gain on sale of loans 43,244 67,280 Principal collections, net of deferred fees and costs (116,886) (98,354) Non-cash transfers, net (462,570) (299,823) Balance at end of period $ 554,610 $ 1,116,519 Held for Investment Loans and leases receivable that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are classified as held for investment and generally reported at their outstanding principal amount, net of unearned income unless the fair value option has been elected. For such loans not carried at fair value, loan origination fees and direct origination costs are deferred and recognized as an adjustment of the loan yield using the interest method. Discounts and premiums on any purchased loans are amortized to income using the interest method over the remaining period to contractual maturity, adjusted for anticipated prepayments. Interest income on loans and leases is recognized as earned on a daily accrual basis at the applicable interest rate. Loans and leases designated as held for investment include those identified as more beneficial to hold for the long term as well as the required retention amount defined by the SBA and USDA. Loans and leases held for investment also consist of certain guaranteed and unguaranteed credits including those designated as troubled debt restructurings, nonaccrual, non-marketable, and risk grade 5 or worse as defined by internal risk rating metrics. Nonaccrual and Past Due Loans Past due status of loans and leases is determined based on contractual terms. Loans and leases are placed in nonaccrual status and the accrual of interest is discontinued if they become 90 days delinquent or there is evidence that the borrower’s ability to make the required payments is not probable. When interest accrual is discontinued, all unpaid accrued interest is reversed against current interest income. Loans and leases, or portions thereof, are charged off when deemed uncollectible. Troubled Debt Restructurings A loan or lease is accounted for as a troubled debt restructuring (“TDR”) if the Company, for reasons related to the borrower’s financial difficulties, restructures a loan or lease, and grants a concession to the borrower that it would not otherwise grant. A TDR typically involves a more than short-term modification of terms such as a reduction of the interest rate below the current market rate for a loan or lease with similar risk characteristics or the waiving of certain financial covenants without corresponding offsetting compensation or additional support. Al lowance for Credit Losses The Company adopted ASC 326, Measurement of Credit Losses on Financial Instruments (“ASC 326”) on January 1, 2020. Upon adoption, the Company recorded a net increase to retained earnings of $822 thousand, comprised of a $1.3 million decrease in the allowance for credit losses combined with a $499 thousand increase in reserve on unfunded commitments. The ACL is a valuation account that is deducted from the amortized cost basis of loans and leases to present a net amount expected to be collected. The ACL is not applicable to loans held for sale and loans accounted for under the fair value option. Loans and leases are charged-off against the ACL when management believes the uncollectibility of a loan or lease balance is confirmed. Expected recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged-off. The Company’s ACL on loans and leases is estimated using relevant information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. As a result, the impact of loss mitigation strategies, such as loan modifications and restructurings, are captured in the estimates of loss given default and probability of default. The Company’s historical credit loss experience provides the basis for the estimation of expected credit losses. The ACL is measured on a pooled basis using a quantitative modeling process when similar risk characteristics are present in the portfolio. The Company has identified pools based on industry, which aggregates into divisions, and whether the receivable is secured by real estate or another form of collateral. Additional information related to the portfolio segments can be found in Note 3. Loans and Leases Held for Investment and Credit Quality. Expected credit losses for pooled loans and leases are estimated using a DCF methodology for each loan which incorporates measurements of PD, LGD, prepayments, the estimated outstanding EAD, and the EIR. PD rates are calculated using the number of defaults divided by the number of loans available to default for 1-year observation periods over the lifetime of data available for a certain pool. LGD rates are calculated by dividing the lifetime net charge-offs for each pool by the pool’s average outstanding balance. PD and LGD rates are adjusted for forecasted national unemployment rates during a reasonable and supportable forecast period. Management has determined that four quarters represents a reasonable and supportable forecast period and adjusted loss rates revert back to a historical loss rate over four quarters on a straight-line basis. Expected losses are calculated as the product of PD, LGD, and EAD. Expected losses are discounted using the loan or lease EIR, adjusted for prepayments. Management adjusts historical loss information for differences in current risk characteristics that are not considered within the quantitative modeling processes but are relevant in assessing the expected credit losses within the loan and lease pools. These qualitative factor adjustments generally increase management’s estimate of expected credit losses based upon the estimated level of risk. The various risk factors considered in qualitative adjustments include risk grading, delinquency levels, pool age, portfolio mix and growth rates, and the status of servicing efforts which may be impacted by natural disasters or health pandemics. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. Loans or leases that do not share risk characteristics are evaluated on an individual basis and are excluded from the pooled evaluation. This generally occurs when, based on current information and events, it is probable that the Company will be unable to collect all interest and principal payments due according to the originally contracted, or reasonably modified, terms of the loan or lease agreement. The Company has determined that loans and leases meeting the criteria defined below must be reviewed quarterly to determine if they should be evaluated for expected credit losses on an individual basis. • All commercial loans and leases classified substandard or worse. • Any loan or lease that is on nonaccrual, or any loan or lease that is delinquent greater than 90 days past due and still accruing interest. • Any loan or lease that was restructured with an interest rate concession and now meets the definition of a TDR. The Company estimates reserves on individually evaluated loans and leases using a DCF methodology or through the evaluation of collateral values. During the quarter ended September 30, 2021, management updated the Company’s policy for estimating expected credit losses on certain relationships that would otherwise meet the criteria for individual evaluation. Relationships with unguaranteed exposure of less than $250 thousand are now collectively evaluated using an average of loss rates applied to individually evaluated relationships with unguaranteed exposure between $250 thousand and $1.0 million. The impact of this change on the ACL was not considered material. Expected credit losses are estimated over the contractual term of the loan or lease, adjusted for expected prepayments when appropriate. The contractual term excludes expected extensions, renewals, and modifications unless management has a reasonable expectation at the reporting date that a TDR will be executed with an individual borrower or the extension or renewal options are included in the contract at the reporting date and are not unconditionally cancellable by the Company. When the ACL, for pooled or individually evaluated loans and leases, is estimated using the DCF method, the effective interest rate used to discount expected cash flows is adjusted for expected prepayments. When management determines that foreclosure is probable or when the borrower is experiencing financial difficulty at the reporting date and repayment is expected to be provided substantially through the operation or sale of the collateral, expected credit losses are based on the fair value of the collateral at the reporting date, adjusted for selling costs as appropriate. Allowance for Off-Balance Sheet Credit Exposures Expected credit losses on off-balance sheet credit exposures is estimated over the contractual period in which the Company is exposed to such losses, unless the obligation to extend credit is unconditionally cancellable. The estimate of off-balance sheet credit exposures includes consideration of the likelihood that funding will occur and an estimate of expected credit losses on commitments expected to be funded over its estimated losses. The estimate is influenced by historical loss experience, adjusted for current risk characteristics, and economic forecasts. The balance of the allowance for off-balance sheet credit exposures was $1.5 million and $739 thousand at December 31, 2022 and 2021, respectively, and is recorded in other expense in the consolidated statements of income and other liabilities in the consolidated balance sheets. Equipment Leasing The Company purchases new equipment for the purpose of leasing such equipment to customers within its verticals. Equipment purchased to fulfill commitments to commercial renewable energy projects is leased out under operating leases while leases of equipment outside of the renewable energy vertical are generally direct financing leases. Accordingly, leased assets under operating leases are included in premises and equipment while leased assets under direct financing leases are included in loans and leases held for investment in the consolidated balance sheets. Direct Financing Leases Interest income on direct financing leases is recognized when earned. Unearned interest is recognized over the lease term on a basis which results in a constant rate of return on the unrecovered lease investment. The term of each lease is generally 3-7 years which is consistent with the useful life of the equipment with no residual value. The Company records expected credit losses on direct finance leases within the ACL. Operating Leases The term of each operating lease is generally 10 to 15 years. The Company retains ownership of the equipment and associated tax benefits such as investment tax credits and accelerated depreciation. At the end of the lease term, the lessee

Securities

Securities	12 Months Ended
	Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Securities	Securities Available-for-Sale The carrying amount of securities and their approximate fair values are reflected in the following table: December 31, 2022 Amortized Unrealized Unrealized Fair US government agencies $ 16,080 $ — $ 412 $ 15,668 Mortgage-backed securities 1,116,387 270 121,083 995,574 Municipal bonds 3,223 — 246 2,977 Other debt securities 500 — — 500 Total $ 1,136,190 $ 270 $ 121,741 $ 1,014,719 December 31, 2021 US government agencies $ 10,444 $ 193 $ — $ 10,637 Mortgage-backed securities 887,302 14,246 12,209 889,339 Municipal bonds 3,246 333 3 3,576 Other debt securities 2,500 — — 2,500 Total $ 903,492 $ 14,772 $ 12,212 $ 906,052 During the year ended December 31, 2022, two securities totaling $7.5 million matured and twenty securities totaling $36.5 million were paid out. During the year ended December 31, 2021, one security totaling $5.0 million matured and twelve securities totaling $33.1 million were paid out. During the year ended December 31, 2020, four securities totaling $12.0 million matured and twenty securities totaling $29.6 million were sold resulting in a net gain of $1.9 million, which consisted of $2.0 million gross realized gains and $136 thousand gross realized losses. The following tables show debt securities available-for-sale in an unrealized loss position for which an allowance for credit losses has not been recorded, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position. Less Than 12 Months 12 Months or More Total December 31, 2022 Fair Unrealized Fair Unrealized Fair Unrealized US government agencies $ 15,668 $ 412 $ — $ — $ 15,668 $ 412 Mortgage-backed securities 513,639 29,060 456,972 92,023 970,611 121,083 Municipal bonds 2,884 241 93 5 2,977 246 Total $ 532,191 $ 29,713 $ 457,065 $ 92,028 $ 989,256 $ 121,741 Less Than 12 Months 12 Months or More Total December 31, 2021 Fair Unrealized Fair Unrealized Fair Unrealized Mortgage-backed securities $ 479,322 $ 8,503 $ 110,633 $ 3,706 $ 589,955 $ 12,209 Municipal bonds — — 96 3 96 3 Total $ 479,322 $ 8,503 $ 110,729 $ 3,709 $ 590,051 $ 12,212 Management evaluates available-for-sale debt securities to determine whether the unrealized loss is due to credit-related factors or non-credit-related factors. The evaluation considers the extent to which the security’s fair value is less than cost, the financial condition and near-term prospects of the issuer, and intent and ability of the Company to retain its investment in the security for a period of time sufficient to allow for any anticipated recovery in fair value. At December 31, 2022, there were 185 mortgage-backed securities and one municipal bond in unrealized loss positions for greater than 12 months. There were 236 mortgage-backed securities, five US government agencies, and one municipal bond in unrealized loss positions for less than 12 months. Unrealized losses at December 31, 2021 consisted of 31 mortgage-backed securities and one municipal bond for greater than 12 months and 142 mortgage-backed securities in unrealized loss positions for less than 12 months. These unrealized losses are primarily the result of non-credit-related volatility in the market and market interest rates. Since none of the unrealized losses relate to marketability of the securities or the issuer’s ability to honor redemption obligations, and the Company has the intent and ability to hold these securities for a sufficient period of time to recover unrealized losses, none of the losses have been recognized in the Company’s consolidated statement of income. All mortgage-backed securities in the Company’s portfolio at December 31, 2022 and 2021 were backed by U.S. government sponsored enterprises (“GSEs”). The following is a summary of investment securities by maturity: December 31, 2022 Available-for-sale Amortized Cost Fair Value US government agencies One to five years $ 12,948 $ 12,578 Five to ten years 3,132 3,090 Total 16,080 15,668 Mortgage-backed securities One to five years 113,726 108,045 Five to ten years 254,975 225,028 After 10 years 747,686 662,501 Total 1,116,387 995,574 Municipal bonds After 10 years 3,223 2,977 Total 3,223 2,977 Other debt securities Within one year 500 500 Total 500 500 Total $ 1,136,190 $ 1,014,719 The table above reflects contractual maturities. Actual results will differ as the loans underlying the mortgage-backed securities may repay sooner than scheduled. There were no investment securities pledged at December 31, 2022 or 2021. Equity Investments Equity investments, largely comprised of non-marketable equity investments, are generally accounted for under either the equity method or equity security accounting. The below tables provide additional information related to investments accounted for under these two methods. Equity Method Accounting The carrying amount and ownership percentage of each equity method investment at December 31, 2022 and 2021 is reflected in the following table: 2022 2021 Amount Ownership % Amount Ownership % Apiture, Inc. $ 60,320 40.3 % $ 52,323 39.1 % Canapi Ventures SBIC Fund, LP (1) (5) 19,246 2.9 % 19,431 2.9 % Canapi Ventures Fund, LP (2) (5) 2,382 1.5 % 2,402 1.5 % Canapi Ventures Fund II, LP (3) (5) 7,412 1.6 % — N/A Canapi Ventures SBIC Fund II, LP (4) (5) 7,981 3.7 % — N/A Other fintech investments in private companies (6) 241 4.3 % 5,330 Various Other (7) 12,476 Various 4,664 Various Total $ 110,058 $ 84,150 (1) Includes unfunded commitments of $5.5 million and $6.8 million as of December 31, 2022 and 2021, respectively. (2) Includes unfunded commitments of $617 thousand and $770 thousand as of December 31, 2022 and 2021, respectively. (3) Includes unfunded commitments of $6.9 million as of December 31, 2022. There were no unfunded commitments as of December 31, 2021. (4) Includes unfunded commitments of $7.5 million as of December 31, 2022. There were no unfunded commitments as of December 31, 2021. (5) Investees are accounted for under equity method due to the Company's participation as an investment advisor. All Canapi Fund investments are unconsolidated VIEs. See Variable Interest Entities section below. (6) As of December 31, 2022, Other Fintech investments include Kwipped, Inc. On August 31, 2022, the Company sold its investment in Payrailz, LLC, resulting in a pre-tax gain of $28.4 million, and on April 1, 2022, the Company sold its investment in Finxact, Inc. resulting in a pre-tax gain of $120.8 million. As of December 31, 2021 Other Fintech investments include Finxact, Inc., Payrailz, LLC and Kwipped, Inc. Investees are accounted for under equity method due to the Company's ability to exercise significant influence through executive management's board involvement. (7) As of December 31, 2022, Other investments include solar income tax credit investments in Green Sun Tenant LLC (“Green Sun”), SVA 2021-2 TE Holdco LLC (“Sun Vest”), and EG5 CSPI Holding LLC (“HEP”), which the Company holds a 99.0% limited member interest in all investments. Also included within Other investments are Cape Fear Collective Impact Opportunity 1 LLC (“Cape Fear Collective 1”) and Cape Fear Collective Impact Opportunity 2 LLC (“Cape Fear Collective 2”), which the Company holds 99.0% and 32.3% limited member interests, respectively. As of December 31, 2022, an unfunded commitment of $2.6 million was recorded as a liability for HEP. As of December 31, 2021, Other investments included Green Sun and Cape Fear Collective 1, each with limited member interests of 99.0%. There were no unfunded commitments as of December 31, 2021. All Other investments are unconsolidated VIEs. See Variable Interest Entities section below. Equity Security Accounting The carrying amount of the Company’s investments in non-marketable equity securities with no readily determinable fair value and amounts recognized in earnings on a cumulative basis as of December 31, 2022 and for the years ended December 31, 2022, 2021 and 2020 is reflected in the following table: Cumulative Adjustments 2022 2021 2020 Carrying value (1) $ 76,438 $ 63,321 $ 31,146 Carrying value adjustments: Impairment $ — — — — Upward changes for observable prices (2) 50,492 2,022 30,197 14,558 Downward changes for observable prices (86) — — — Net upward change $ 50,406 $ 2,022 $ 30,197 $ 14,558 (1) Includes $3.0 million, $2.8 million and $522 thousand in unfunded commitments for the years ended December 31, 2022, 2021 and 2020, respectively. (2) Cumulative adjustments excludes $13.9 million in realized cash gains for the sale of an investment in the second quarter of 2021. For the twelve months ended December 31, 2022, 2021 and 2020, the Company recognized unrealized gains on all equity securities still held at the reporting date of $1.9 million, $44.0 million, and $14.6 million, respectively. Variable Interest Entities Variable interests are defined as contractual ownership or other interests in an entity that change with fluctuations in the fair value of an entity's net asset value. The primary beneficiary consolidates the VIE. The primary beneficiary is defined as the enterprise that has both the power to direct the activities of the VIE that most significantly impact the entity's economic performance and the obligation to absorb losses or the right to receive benefits that could be significant to the VIE. Solar Renewable Energy Tax Credit Investments The Company has limited interest in several limited liability companies that own and operate solar renewable energy projects which are accounted for as equity method investments. Over the course of the investments, the Company will receive federal and state tax credits, tax-related benefits, and excess cash available for distribution, if any. The Company may be called to sell its interest in the limited partnerships through a call option once all investment tax credits have been recognized. Canapi Funds The Company’s limited partnership investments in the Canapi Funds focus on providing venture capital to new and emerging financial technology companies. After initial commitment and over the course of the investment period, the Company will make capital contributions and receive profit and return of capital distributions as a result of fund performance until the funds wind down. These fund investments are accounted for under the equity method due to the Company’s participation as an investment advisor. Non-marketable and Other Equity Investments The Company also has a limited interest in several non-marketable funds, including Small Business Investment Company (“SBIC”) and venture capital funds, which are accounted for as equity security investments. After initial commitment and over the course of the investment period, the Company will make capital contributions and receive profit and return of capital distributions as a result of fund performance until the funds wind down. While the partnership agreements allow the Company to remove the general partner, this right is not deemed to be substantive as the general partner can only be removed for cause. All investments are generally non-redeemable and distributions are expected to be received through the liquidation of the underlying investments throughout the life of the investment fund. Investments may only be sold or transferred subject to the notice and approval provisions of the underlying investment agreement. Additionally, the Company has a limited interest in two limited liability companies that invest in the acquisition, rehabilitation, or new construction of local qualified housing projects which are accounted for as equity method investments. The above investments meet the criteria of a VIE, however, the Company is not the primary beneficiary of the entities, as it does not have the power to direct the activities that most significantly impact the economic performance of the entities. The Company’s investment in the unconsolidated VIEs are carried in other assets on the consolidated balance sheets and the Company’s unfunded capital and other commitments related to the unconsolidated VIEs are carried in other liabilities on the consolidated balance sheets. The Company’s maximum exposure to loss from unconsolidated VIEs includes the investment recorded on the Company’s consolidated balance sheets, net of any impairment recognized, and previously recorded tax credits which remain subject to recapture by taxing authorities based on compliance features required to be met at the project level. While the Company believes the potential for losses from this investment is remote, the maximum exposure was determined by assuming a scenario where related tax credits were recaptured. The following table provides a summary of the VIEs that the Company has not consolidated as of December 31, 2022 and 2021: December 31, 2022 Carrying Amount Maximum Exposure to Loss Liability Recognized Classification Solar tax credit investments $ 5,221 $ 24,295 $ 2,641 Other assets & other liabilities (1) Canapi Funds 37,021 37,021 20,474 Other assets & other liabilities Non-marketable and other equity investments 15,764 15,764 3,033 Other assets & other liabilities December 31, 2021 Carrying Amount Maximum Exposure to Loss Liability Recognized Classification Solar tax credit investments $ 708 $ 4,100 $ — Other assets (2) Canapi Funds 21,833 21,833 7,608 Other assets & other liabilities Non-marketable and other equity investments 13,225 13,225 2,758 Other assets & other liabilities (1) Maximum exposure to loss represents $5.2 million of current investments and a scenario in which $24.3 million in related tax credits are recaptured. (2) Maximum exposure to loss represents $708 thousand of current investments and a scenario in which $4.1 million in related tax credits are recaptured.

Loans and Leases Held for Inves

Loans and Leases Held for Investment and Credit Quality	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Loans and Leases Held for Investment and Credit Quality	Loans and Leases Held for Investment and Credit Quality Loan and Lease Portfolio Segments & Classes The following describes the risk characteristics relevant to each of the portfolio segments. Commercial and Industrial Commercial and industrial loans (“C&I”) receive similar underwriting treatment as commercial real estate loans in that the repayment source is analyzed to determine its ability to meet cash flow coverage requirements as set forth by Bank policies. Repayment of the Bank’s C&I loans generally comes from the generation of cash flow as the result of the borrower’s business operations. This business cycle itself brings a certain level of risk to the portfolio. In some instances, these loans may carry a higher degree of risk due to a variety of reasons – illiquid collateral, specialized equipment, highly depreciable assets, uncollectable accounts receivable, revolving balances, or simply being unsecured. As a result of these characteristics, the government guarantee on these loans, when applicable, is an important factor in mitigating risk. The Bank’s lease portfolio is included in the C&I segment. Construction and Development Construction and development loans are for the purpose of acquisition and development of land to be improved through the construction of commercial buildings. Such loans are usually paid off through the conversion to permanent financing for the long-term benefit of the borrower’s ongoing operations. At the completion of the project, if the loan is converted to permanent financing or if scheduled loan amortization begins, it is then reclassified to the Commercial Real Estate segment. Underwriting of construction and development loans typically includes analysis of not only the borrower’s financial condition and ability to meet the required debt obligations, but also the general market conditions associated with the area and type of project being funded. Commercial Real Estate Commercial real estate loans are extensions of credit secured by owner occupied and non-owner occupied collateral. Underwriting generally involves intensive analysis of the financial strength of the borrower and guarantor, liquidation value of the subject collateral, and any available secondary sources of repayment, with the greatest emphasis given to a borrower’s capacity to meet cash flow coverage requirements as set forth by Bank policies. Such repayment of owner occupied loans is commonly derived from the successful ongoing operations of the business occupying the property. These typically include small businesses and professional practices. Commercial Land Commercial land loans are extensions of credit secured by farmland. Such loans are often for land improvements related to agricultural endeavors that may include construction of new specialized facilities. These loans are usually repaid through the conversion to permanent financing, or if scheduled loan amortization begins, for the long-term benefit of the borrower’s ongoing operations. Underwriting generally involves intensive analysis of the financial strength of the borrower and guarantor, liquidation value of the subject collateral, and any available secondary sources of repayment, with the greatest emphasis given to a borrower’s capacity to meet cash flow coverage requirements as set forth by Bank policies. The loan and lease portfolio is further grouped into one of the following classes (also referred to as divisions): Small Business Banking, Specialty Lending, Energy & Infrastructure (“E&I”), or Paycheck Protection Program. Small Business Banking includes loans to customers in verticals that generally have traditional loan structures. Specialty Lending includes loans to customers in verticals that generally have atypical ownership structures as well as complex collateral arrangements, underwriting requirements, and servicing needs. E&I includes loans to customers that operate renewable energy projects, lodging facilities, and municipalities. E&I loans often utilize USDA or tax-exempt loan structures. Paycheck Protection Program (“PPP”) includes all loans originated under the PPP pursuant to the Coronavirus Aid, Relief, and Economic Security Act’s (“CARES Act”) economic relief program and carry a 100% government guarantee. These loans and lease classes were determined based on industry risk characteristics and management’s method for monitoring credit risk and managing those lending divisions. Past Due Loans and Leases Loans and leases are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Loans and leases less than 30 days past due and accruing are included within current loans and leases shown below. The following tables show an age analysis of past due loans and leases as of the dates presented. December 31, 2022 Current 30-89 Days 90 Days or More Past Due Total Past Due Total Carried at Amortized Loans Accounted for Under the Fair Value Option (1) Total Loans and Leases Commercial & Industrial Small Business Banking $ 1,719,165 $ 21,589 $ 16,221 $ 37,810 $ 1,756,975 $ 182,348 $ 1,939,323 Specialty Lending 1,022,615 398 266 664 1,023,279 29,084 1,052,363 Energy & Infrastructure 420,447 — 3,082 3,082 423,529 50,094 473,623 Paycheck Protection Program 13,134 — — — 13,134 — 13,134 Total 3,175,361 21,987 19,569 41,556 3,216,917 261,526 3,478,443 Construction & Development Small Business Banking 471,243 1,500 — 1,500 472,743 — 472,743 Specialty Lending 104,069 — — — 104,069 — 104,069 Energy & Infrastructure 13,753 — — — 13,753 — 13,753 Total 589,065 1,500 — 1,500 590,565 — 590,565 Commercial Real Estate Small Business Banking 2,137,028 12,082 5,771 17,853 2,154,881 166,595 2,321,476 Specialty Lending 319,419 — — — 319,419 2,050 321,469 Energy & Infrastructure 136,706 — 3,072 3,072 139,778 22,123 161,901 Total 2,593,153 12,082 8,843 20,925 2,614,078 190,768 2,804,846 Commercial Land Small Business Banking 429,014 1,663 1,917 3,580 432,594 42,164 474,758 Total 429,014 1,663 1,917 3,580 432,594 42,164 474,758 Total $ 6,786,593 $ 37,232 $ 30,329 $ 67,561 $ 6,854,154 $ 494,458 $ 7,348,612 Net deferred fees $ (4,434) Loan and Leases, Net $ 7,344,178 Guaranteed Balance $ 2,657,770 $ 20,199 $ 26,026 $ 46,225 $ 2,703,995 $ 67,268 $ 2,771,263 % Guaranteed 39.2% 54.3% 85.8% 68.4% 39.5% 13.6% 37.7% December 31, 2021 Current 30-89 Days Past Due 90 Days or More Past Due Total Past Due Total Carried at Amortized Loans Accounted for Under the Fair Value Option (1) Total Loans and Leases Commercial & Industrial Small Business Banking $ 1,103,915 $ 13,171 $ 7,320 $ 20,491 $ 1,124,406 $ 248,806 $ 1,373,212 Specialty Lending 642,444 — — — 642,444 30,947 673,391 Energy & Infrastructure 232,923 — — — 232,923 33,578 266,501 Paycheck Protection Program 266,893 68 1,414 1,482 268,375 — 268,375 Total 2,246,175 13,239 8,734 21,973 2,268,148 313,331 2,581,479 Construction & Development Small Business Banking 275,786 — 1,366 1,366 277,152 — 277,152 Specialty Lending 40,805 — — — 40,805 — 40,805 Energy & Infrastructure 41,209 — — — 41,209 — 41,209 Total 357,800 — 1,366 1,366 359,166 — 359,166 Commercial Real Estate Small Business Banking 1,577,765 5,802 10,761 16,563 1,594,328 250,856 1,845,184 Specialty Lending 153,716 — — — 153,716 2,349 156,065 Energy & Infrastructure 131,657 — 2,315 2,315 133,972 17,132 151,104 Total 1,863,138 5,802 13,076 18,878 1,882,016 270,337 2,152,353 Commercial Land Small Business Banking 362,881 7,399 2,055 9,454 372,335 61,533 433,868 Total 362,881 7,399 2,055 9,454 372,335 61,533 433,868 Total $ 4,829,994 $ 26,440 $ 25,231 $ 51,671 $ 4,881,665 $ 645,201 $ 5,526,866 Net deferred fees $ (5,604) Loan and Leases, Net $ 5,521,262 Guaranteed Balance $ 2,037,509 $ 18,421 $ 16,440 $ 34,861 $ 2,072,370 $ 77,722 $ 2,150,092 % Guaranteed 42.2 % 69.7 % 65.2 % 67.5 % 42.5 % 12.0 % 38.9 % (1) Retained portions of government guaranteed loans sold prior to January 1, 2021 are carried at fair value under FASB ASC Subtopic 825-10, Financial Instruments: Overall. See Note 10. Fair Value of Financial Instruments for additional information. Credit Quality Indicators The Bank uses internal loan and lease reviews to assess the performance of individual loans and leases. Each loan and lease is assigned a risk grade during the origination and closing process. Subsequent to origination, loans and lease risk grades are continually evaluated as information becomes available. The Bank performs an annual review of each borrower’s financial performance to validate the accuracy of the assigned risk grade. Additionally, the loan and lease portfolio is subject to annual independent review by an external firm. The Bank uses a grading system to rank the quality of each loan and lease. The grade is periodically evaluated and adjusted as performance dictates. Loan and lease grades 1 through 4 are passing grades and grade 5 is special mention. Collectively, grades 6 through 8 represent classified loans and leases in the Bank’s portfolio. The following guidelines govern the assignment of these risk grades: Exceptional (1 Rated): These loans and leases are of the highest quality, with strong, well-documented sources of repayment. These loans and leases will typically have multiple demonstrated sources of repayment with no significant identifiable risk to collection, exhibit well-qualified management, and have liquid financial statements relative to both direct and indirect obligations. Quality (2 Rated): These loans and leases are of very high credit quality, with strong, well-documented sources of repayment. These loans and leases exhibit very strong, well defined primary and secondary sources of repayment, with no significant identifiable risk of collection and have internally generated cash flow that more than adequately covers current maturities of long-term debt. Satisfactory (3 Rated): These loans and leases exhibit satisfactory credit risk and have excellent sources of repayment, with no significant identifiable risk of collection. These loans and leases have documented historical cash flow that meets or exceeds required minimum Bank guidelines, or that can be supplemented with verifiable cash flow from other sources. They have adequate secondary sources to liquidate the debt, including combinations of liquidity, liquidation of collateral, or liquidation value to the net worth of the borrower or guarantor. Acceptable (4 Rated): These loans and leases show signs of weakness in either adequate sources of repayment or collateral but have demonstrated mitigating factors that minimize the risk of delinquency or loss. These loans and leases may have unproved, insufficient or marginal primary sources of repayment that appear sufficient to service the debt at this time. Repayment weaknesses may be due to minor operational issues, financial trends, or reliance on projected performance. They may also contain marginal or unproven secondary sources to liquidate the debt, including combinations of liquidation of collateral and liquidation value to the net worth of the borrower or guarantor. Special mention (5 Rated): These loans and leases show signs of weaknesses in either adequate sources of repayment or collateral. These loans and leases may contain underwriting guideline tolerances and/or exceptions with no mitigating factors; and/or instances where adverse economic conditions develop subsequent to origination that do not jeopardize liquidation of the debt but substantially increase the level of risk. Substandard (6 Rated): Loans and leases graded Substandard are inadequately protected by current sound net worth, paying capacity of the obligor, or pledged collateral. Loans and leases classified as Substandard must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt; are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. These loans and leases are consistently not meeting the repayment schedule. Doubtful (7 Rated): Loans and leases graded Doubtful have all the weaknesses inherent in those classified as Substandard, plus the added characteristic that the weaknesses make collection or liquidation in full on the basis of currently existing facts, conditions, and values highly questionable and improbable. The ability of the borrower to service the debt is extremely weak, overdue status is constant, the debt has been placed on non-accrual status, and no definite repayment schedule exists. Once the loss position is determined, the amount is charged off. Loss (8 Rated): Loss rated loans and leases are considered uncollectible and of such little value that their continuance as assets is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off this credit even though partial recovery may be affected in the future. The following tables present credit quality indicators by portfolio class: Term Loans and Leases Amortized Cost Basis by Origination Year December 31, 2022 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Total (1) Small Business Banking Risk Grades 1 - 4 $ 1,427,182 $ 1,400,726 $ 795,647 $ 426,401 $ 217,893 $ 204,933 $ 65,455 $ 1,738 $ 4,539,975 Risk Grade 5 15,942 17,745 40,202 45,712 26,124 27,212 13,210 204 186,351 Risk Grades 6 - 8 1,806 4,277 17,845 23,470 14,094 27,215 1,638 522 90,867 Total 1,444,930 1,422,748 853,694 495,583 258,111 259,360 80,303 2,464 4,817,193 Specialty Lending Risk Grades 1 - 4 635,079 355,785 144,545 25,849 6,574 788 153,062 31,504 1,353,186 Risk Grade 5 7,341 33,272 12,329 10,201 4,399 — 6,619 248 74,409 Risk Grades 6 - 8 — 11,433 416 5,577 166 — 1,343 237 19,172 Total 642,420 400,490 157,290 41,627 11,139 788 161,024 31,989 1,446,767 Energy & Infrastructure Risk Grades 1 - 4 199,338 176,855 39,600 51,190 23,374 19,694 12,751 351 523,153 Risk Grade 5 4,024 4,409 500 6,976 4,706 5,142 — — 25,757 Risk Grades 6 - 8 — 3,082 16,589 — 8,479 — — — 28,150 Total 203,362 184,346 56,689 58,166 36,559 24,836 12,751 351 577,060 Paycheck Protection Program Risk Grades 1 - 4 — 7,421 5,713 — — — — — 13,134 Total — 7,421 5,713 — — — — — 13,134 Total $ 2,290,712 $ 2,015,005 $ 1,073,386 $ 595,376 $ 305,809 $ 284,984 $ 254,078 $ 34,804 $ 6,854,154 Term Loans and Leases Amortized Cost Basis by Origination Year December 31, 2021 2021 2020 2019 2018 2017 Prior Revolving Loans Revolving Loans Total (1) Small Business Banking Risk Grades 1 - 4 $ 1,051,775 $ 853,250 $ 522,407 $ 285,397 $ 188,858 $ 116,645 $ 46,356 $ 1,771 $ 3,066,459 Risk Grade 5 7,838 19,651 65,715 60,615 37,661 13,933 5,066 195 210,674 Risk Grades 6 - 8 2,517 8,667 27,696 14,545 14,193 21,239 1,457 774 91,088 Total 1,062,130 881,568 615,818 360,557 240,712 151,817 52,879 2,740 3,368,221 Specialty Lending Risk Grades 1 - 4 467,751 168,067 43,598 10,413 1,145 — 126,845 1,816 819,635 Risk Grade 5 2,250 729 1,042 5,560 690 — 2,953 848 14,072 Risk Grades 6 - 8 — 17 3,166 — — — 75 — 3,258 Total 470,001 168,813 47,806 15,973 1,835 — 129,873 2,664 836,965 Energy & Infrastructure Risk Grades 1 - 4 177,100 70,343 30,380 32,040 37,558 — 7,044 — 354,465 Risk Grade 5 — 16,947 4,455 4,854 16,414 — — — 42,670 Risk Grades 6 - 8 — — — 8,654 — 2,315 — — 10,969 Total 177,100 87,290 34,835 45,548 53,972 2,315 7,044 — 408,104 Paycheck Protection Program Risk Grades 1 - 4 204,803 63,572 — — — — — — 268,375 Total 204,803 63,572 — — — — — — 268,375 Total $ 1,914,034 $ 1,201,243 $ 698,459 $ 422,078 $ 296,519 $ 154,132 $ 189,796 $ 5,404 $ 4,881,665 (1) Excludes $494.5 million and $645.2 million of loans accounted for under the fair value option as of December 31, 2022 and December 31, 2021, respectively. The following tables present guaranteed and unguaranteed loan and lease balances by asset quality indicator: December 31, 2022 Loan and Lease Balance (1) Guaranteed Balance Unguaranteed Balance % Guaranteed Risk Grades 1 - 4 $ 6,429,448 $ 2,508,229 $ 3,921,219 39.0 % Risk Grade 5 286,517 115,573 170,944 40.3 Risk Grades 6 - 8 138,189 80,193 57,996 58.0 Total $ 6,854,154 $ 2,703,995 $ 4,150,159 39.5 % December 31, 2021 Loan and Lease Balance (1) Guaranteed Balance Unguaranteed Balance % Guaranteed Risk Grades 1 - 4 $ 4,508,932 $ 1,875,152 $ 2,633,780 41.6 % Risk Grade 5 267,418 134,221 133,197 50.2 Risk Grades 6 - 8 105,315 62,997 42,318 59.8 Total $ 4,881,665 $ 2,072,370 $ 2,809,295 42.5 % (1) Excludes $494.5 million and $645.2 million of loans accounted for under the fair value option as of December 31, 2022 and 2021, respectively. Nonaccrual Loans and Leases As of December 31, 2022 and December 31, 2021 there were no loans greater than 90 days past due and still accruing. There was no interest income recognized on nonaccrual loans and leases during the twelve months ended December 31, 2022 and 2021. Nonaccrual loans and leases are generally included in the held for investment portfolio. Accrued interest receivable on loans totaled $46.5 million and $31.0 million at December 31, 2022 and December 31, 2021, respectively, and is included in other assets Nonaccrual loans and leases as of December 31, 2022 and December 31, 2021 are as follows: December 31, 2022 Loan and Lease Balance (1) Guaranteed Balance Unguaranteed Balance Unguaranteed Exposure with No ACL Commercial & Industrial Small Business Banking $ 22,321 $ 19,302 $ 3,019 $ 407 Specialty Lending 3,647 384 3,263 — Energy & Infrastructure 3,082 2,794 288 288 Total 29,050 22,480 6,570 695 Commercial Real Estate Small Business Banking 34,520 23,830 10,690 3,611 Energy & Infrastructure 3,072 2,799 273 — Total 37,592 26,629 10,963 3,611 Commercial Land Small Business Banking 6,750 5,499 1,251 196 Total 6,750 5,499 1,251 196 Total $ 73,392 $ 54,608 $ 18,784 $ 4,502 December 31, 2021 Loan and Lease Balance (1) Guaranteed Balance Unguaranteed Balance Unguaranteed Exposure with No ACL Commercial & Industrial Small Business Banking $ 16,911 $ 13,981 $ 2,930 $ — Payroll Protection Program 1,482 1,482 — — Total 18,393 15,463 2,930 — Construction & Development Small Business Banking 3,884 1,201 2,683 — Total 3,884 1,201 2,683 — Commercial Real Estate Small Business Banking 12,410 5,226 7,184 5,169 Energy & Infrastructure 2,315 507 1,808 1,808 Total 14,725 5,733 8,992 6,977 Commercial Land Small Business Banking 5,531 4,148 1,383 — Total $ 5,531 $ 4,148 $ 1,383 $ — Total $ 42,533 $ 26,545 $ 15,988 $ 6,977 (1) Excludes nonaccrual loans accounted for under the fair value option. See Note 10. Fair Value of Financial Instruments for additional information. The following tables present the amortized cost basis of collateral-dependent loans and leases which are individually evaluated to determine expected credit losses, as of December 31, 2022 and 2021: Total Collateral Dependent Loans Unguaranteed Portion December 31, 2022 Real Estate Business Assets Other Real Estate Business Assets Other Allowance for Credit Losses Commercial & Industrial Small Business Banking $ 2,730 $ — $ — $ 414 $ — $ — $ — Specialty Lending — 371 — — 371 — 291 Energy & Infrastructure 16,378 — — 13,583 — — — Total 19,108 371 — 13,997 371 — 291 Commercial Real Estate Small Business Banking 15,286 — — 6,440 — — 152 Total 15,286 — — 6,440 — — 152 Commercial Land Small Business Banking 1,743 — — 202 — — — Total 1,743 — — 202 — — — Total $ 36,137 $ 371 $ — $ 20,639 $ 371 $ — $ 443 Total Collateral Dependent Loans Unguaranteed Portion December 31, 2021 Real Estate Business Assets Other Real Estate Business Assets Other Allowance for Credit Losses Commercial & Industrial Small Business Banking $ 698 $ 7,475 $ — $ 152 $ 449 $ — $ 235 Total 698 7,475 — 152 449 — 235 Construction & Development Specialty Lending 3,858 — — 2,657 — — 57 Total 3,858 — — 2,657 — — 57 Commercial Real Estate Small Business Banking 5,172 700 64 4,038 14 13 65 Energy & Infrastructure 512 — — 6 — — — Total 5,684 700 64 4,044 14 13 65 Commercial Land Small Business Banking 5,541 — — 1,393 — — 601 Total 5,541 — — 1,393 — — 601 Total $ 15,781 $ 8,175 $ 64 $ 8,246 $ 463 $ 13 $ 958 Allowance for Credit Losses – Loans and Leases On January 1, 2020, the Company adopted ASC 326. The Company maintains the ACL at levels management believes represents the future expected credit losses in the loan and lease portfolios as of the balance sheet date. See Note 1. Organization and Summary of Significant Accounting Policies for a description of the methodologies used to estimate credit losses under ASC 326. The following tables detail activity in the allowance for credit losses for the periods presented: Commercial & Industrial Construction & Development Commercial Real Estate Commercial Land Total December 31, 2022 Beginning Balance $ 37,770 $ 3,435 $ 19,068 $ 3,311 $ 63,584 Charge offs (8,262) — (1,463) (652) (10,377) Recoveries 1,039 3 1,363 11 2,416 Provision 34,448 1,663 3,933 899 40,943 Ending Balance $ 64,995 $ 5,101 $ 22,901 $ 3,569 $ 96,566 December 31, 2021 Beginning Balance $ 26,941 $ 5,663 $ 18,148 $ 1,554 $ 52,306 Charge offs (2,912) (262) (2,731) (12) (5,917) Recoveries 172 — 1,813 — 1,985 Provision 13,569 (1,966) 1,838 1,769 15,210 Ending Balance $ 37,770 $ 3,435 $ 19,068 $ 3,311 $ 63,584 December 31, 2020 Beginning Balance, prior to adoption of ASC 326 $ 15,757 $ 2,732 $ 8,427 $ 1,318 $ 28,234 Impact of adopting ASC 326 (4,561) 1,131 1,916 193 (1,321) Charge offs (4,401) — (10,347) (644) (15,392) Recoveries 84 — 28 15 127 Provision 20,062 1,800 18,124 672 40,658 Ending Balance $ 26,941 $ 5,663 $ 18,148 $ 1,554 $ 52,306 During the year ended December 31, 2022, the ACL increased primarily as a result of loan growth, charge-off experience impacts, and changes in the macroeconomic outlook. Loss rates are adjusted for twelve month forecasted unemployment followed by a twelve-month straight-line reversion period. During the year ended December 31, 2021, increases to the ACL were primarily related to loan growth which has outpaced the improvement in forecasted unemployment rates and other conditions related to the COVID-19 pandemic. Unemployment rates were forecasted for twelve months followed by a twelve-month straight-line reversion period. Additionally, the provision expense was impacted by net charge-offs during the period . During the year ended December 31, 2020, increases to the ACL were primarily related to the severity of forecasted unemployment rates and ongoing developments as a result of the COVID-19 pandemic. Unemployment rates were forecasted for twelve months followed by a twelve-month straight-line reversion period. Additionally, the provision expense was impacted by loan and lease growth and net charge-offs during the period. The following table represents the types of TDRs that were made during the periods presented: Twelve months ended December 31, 2022 Interest Only Payment Deferral Extend Amortization Other (1) Total TDRs (2) Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Commercial & Industrial Small Business Banking — $ — 7 $ 8,795 3 $ 1,442 1 $ 490 11 $ 10,727 Specialty Lending — — 1 4,183 — — — — 1 4,183 Energy & Infrastructure — — — — 1 13,517 1 13,517 Total — — 8 12,978 4 14,959 1 490 13 28,427 Commercial Real Estate Small Business Banking 1 3,677 1 797 1 4,364 — — 3 8,838 Total 1 3,677 1 797 1 4,364 — — 3 8,838 Construction & Development Small Business Banking — — — — — — 2 3,081 2 3,081 Total — — — — — — 2 3,081 2 3,081 Total 1 $ 3,677 9 $ 13,775 5 $ 19,323 3 $ 3,571 18 $ 40,346 (1) Includes one small business banking loan with extend amortization and a rate concession ($490 thousand) and two small business banking loans with extended amortization and interest only ($3.1 million). (2) Excludes loans accounted for under the fair value option. See Note 10. Fair Value of Financial Instruments for additional information. Twelve months ended December 31, 2021 Interest Only Payment Deferral Extend Amortization Other (1) Total TDRs (2) Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Commercial & Industrial Small Business Banking — $ — 3 $ 6,097 1 $ 496 — $ — 4 $ 6,593 Total — — 3 6,097 1 496 — — 4 6,593 Commercial Real Estate Small Business Banking — — 5 6,613 — — 1 3,124 6 9,737 Total — — 5 6,613 — — 1 3,124 6 9,737 Total — $ — 8 $ 12,710 1 $ 496 1 $ 3,124 10 $ 16,330 (1) Includes one small business banking loan with extended amortization and a rate concession TDR ($3.1 million). (2) Excludes loans accounted for under the fair value option. See Note 10. Fair Value of Financial Instruments for additional information. Twelve months ended December 31, 2020 Interest Only Payment Deferral Extend Amortization Other (1) Total TDRs (2) Number of Loans Recorded investment at period end Number of Recorded investment at period end Number of Loans Recorded investment at period end Number of Loans Recorded investment at period end Number of Loans Recorded Commercial & Industrial Small Business Banking — $ — 6 $ 1,895 — $ — 1 $ 170 7 $ 2,065 Specialty Lending — — — — 2 423 — — 2 423 Total — — 6 1,895 2 423 1 170 9 2,488 Construction & Development Small Business Banking — — — — 1 1,787 — — 1 1,787 Total — — — — 1 1,787 — — 1 1,787 Commercial Real Estate Small Business Banking — — 2 3,738 — — — — 2 3,738 Energy & Infrastructure — — 1 3,627 — — 2 12,219 3 15,846 Total — — 3 7,365 — — 2 12,219 5 19,584 Commercial Land Small Business Banking — — — — 1 4,865 — — 1 4,865 Total — — — — 1 4,865 — — 1 4,865 Total — $ — 9 $ 9,260 4 $ 7,075 3 $ 12,389 16 $ 28,724 (1) Includes one small business banking interest only and rate concession TDR ($170 thousand), and two energy & infrastructure interest only and rate concession TDRs ($12.2 million). (2) Excludes loans accounted for under the fair value option. See Note 10. Fair Value of Financial Instruments for additional information. Restructurings made to improve a loan’s performance have varying degrees of success. The following tables present TDRs that were modified within the twelve months ended December 31, 2022 that subsequently defaulted during the period: Twelve Months Ended December 31, 2022 Interest Only Payment Deferral Extend Amortization Other Total TDRs (1) Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Commercial & Industrial Small Business Banking — $ — 2 $ 940 2 $ 318 — $ — 4 $ 1,258 Total — $ — 2 $ 940 2 $ 318 — $ — 4 $ 1,258 (1) Excludes loans accounted for under the fair value option. See Note 10. Fair Value of Financial Instruments for additional information.

Leases

Leases	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Leases	Leases Lessor Equipment Leasing The Company purchases new equipment for the purpose of leasing such equipment to customers within its verticals. Equipment purchased to fulfill commitments to commercial renewable energy projects is rented out under operating leases while leases of equipment outside of the renewable energy vertical are generally direct financing leases. Accordingly, leased assets under operating leases are included in premises and equipment while leased assets under direct financing leases are included in loans and leases held for investment. Direct Financing Leases The gross lease payments receivable and the net investment included in accounts receivable for such leases are as follows: As of December 31, 2022 2021 Gross direct finance lease payments receivable $ 4,284 $ 7,333 Less - unearned interest (479) (998) Net investment in direct financing leases $ 3,805 $ 6,335 Future minimum lease payments receivable under direct finance leases are as follows: As of December 31, 2022 Amount 2023 $ 1,803 2024 1,374 2025 990 2026 117 Total $ 4,284 Interest income of $393 thousand, $669 thousand and $838 thousand was recognized in the twelve months ended December 31, 2022 , 2021 and 2020 , respectively. Operating Leases As of December 31, 2022 and 2021 , the Company had a net investment of $114.2 million and $123.9 million, respectively, in assets included in premises and equipment that are subject to operating leases. Of the net investment, the gross balance of the assets was $163.4 million as of December 31, 2022 and 2021 and accumulated depreciation was $49.2 million and $39.5 million as of December 31, 2022 and 2021 , respectively. Depreciation expense recognized on these assets for the twelve months ended December 31, 2022 , 2021 and 2020 was $9.7 million, $9.7 million and $9.8 million, respectively. Lease income of $9.5 million was recognized in the twelve months ended December 31, 2022, 2021 and 2020. A maturity analysis of future minimum lease payments receivable under non-cancelable operating leases is as follows: As of December 31, 2022 Amount 2023 $ 9,041 2024 8,808 2025 8,935 2026 8,923 2027 8,690 Thereafter 13,563 Total $ 57,960 Lessee Lease Arrangements The Company determines if an arrangement is or contains a lease at inception. If it is determined to be or contain a lease, then the lease is classified as an operating or finance lease. Right-of-use assets represent the Company's right to use an underlying asset for the lease term. Lease liabilities represent the Company's obligation to make lease payments arising from the lease. When recognizing right-of-use assets and liabilities, the Company accounts for lease and non-lease components separately because such amounts are readily determinable under the lease contracts. Right-of-use assets and liabilities are measured on commencement date based on the present value of the lease payments over the lease term, discounted using the discount rate for the lease at commencement. The discount rate is the rate implicit in the lease, however, if that is not readily determinable, the Company will use its incremental borrowing rate. The right-of-use asset also includes any lease payments made before the commencement date and initial direct costs and excludes any lease incentives received. The lease terms may include options to extend or terminate the lease when it is reasonably certain that the option will be exercised. Lease expense for lease payments is recognized on a straight-line basis over the lease term. The Company does not apply the recognition and measurement requirements to any short-term leases (terms of twelve months or less). Operating leases are included in other assets and other liabilities in the consolidated balance sheets. Finance leases are included in other assets and borrowings in the consolidated balance sheets. Lease expense for operating leases and finance leases is included in occupancy expense in the consolidated statements of income and interest expense for finance leases is included in borrowings interest expense in the consolidated statements of income. The Company has operating leases for real property, land, copiers and other equipment. These leases have remaining lease terms of less than 1 year to 24 years, some of which include options to extend the leases for up to 20 years, and some of which include options to terminate the leases. The Company has concluded that it is reasonably certain it will exercise the options to extend for only one lease, which was therefore recognized as part of the right-of-use asset and lease liability. The Company had a finance lease for fitness equipment, which matured during the year ended December 31, 2022. The components of lease expense are as follows: December 31, 2022 December 31, 2021 Operating lease cost $ 1,224 $ 635 Short-term lease cost 99 96 Finance lease cost: Amortization of right-of-use assets 4 3 Interest expense on lease liabilities — — Total net lease cost $ 1,327 $ 734 Supplemental disclosure for the consolidated balance sheets related to operating and finance leases is as follows: December 31, 2022 December 31, 2021 Operating lease right-of-use asset $ 2,118 $ 2,228 Operating lease liability 2,558 2,436 Finance lease right-of-use asset — 4 Finance lease liability — 4 The weighted average remaining lease term and weighted average discount rate for leases are as follows: December 31, 2022 December 31, 2021 Weighted average remaining lease term (years) Operating leases 10.62 12.35 Finance lease 0 0.92 Weighted average discount rate Operating leases 3.14 % 2.74 % Finance lease — % 3.10 % A maturity analysis of operating lease liabilities is as follows: As of December 31, 2022 Operating Leases 2023 $ 696 2024 421 2025 244 2026 197 2027 201 Thereafter 1,438 Total lease payments 3,197 Less: imputed interest (639) Total lease liabilities $ 2,558
Leases	Leases Lessor Equipment Leasing The Company purchases new equipment for the purpose of leasing such equipment to customers within its verticals. Equipment purchased to fulfill commitments to commercial renewable energy projects is rented out under operating leases while leases of equipment outside of the renewable energy vertical are generally direct financing leases. Accordingly, leased assets under operating leases are included in premises and equipment while leased assets under direct financing leases are included in loans and leases held for investment. Direct Financing Leases The gross lease payments receivable and the net investment included in accounts receivable for such leases are as follows: As of December 31, 2022 2021 Gross direct finance lease payments receivable $ 4,284 $ 7,333 Less - unearned interest (479) (998) Net investment in direct financing leases $ 3,805 $ 6,335 Future minimum lease payments receivable under direct finance leases are as follows: As of December 31, 2022 Amount 2023 $ 1,803 2024 1,374 2025 990 2026 117 Total $ 4,284 Interest income of $393 thousand, $669 thousand and $838 thousand was recognized in the twelve months ended December 31, 2022 , 2021 and 2020 , respectively. Operating Leases As of December 31, 2022 and 2021 , the Company had a net investment of $114.2 million and $123.9 million, respectively, in assets included in premises and equipment that are subject to operating leases. Of the net investment, the gross balance of the assets was $163.4 million as of December 31, 2022 and 2021 and accumulated depreciation was $49.2 million and $39.5 million as of December 31, 2022 and 2021 , respectively. Depreciation expense recognized on these assets for the twelve months ended December 31, 2022 , 2021 and 2020 was $9.7 million, $9.7 million and $9.8 million, respectively. Lease income of $9.5 million was recognized in the twelve months ended December 31, 2022, 2021 and 2020. A maturity analysis of future minimum lease payments receivable under non-cancelable operating leases is as follows: As of December 31, 2022 Amount 2023 $ 9,041 2024 8,808 2025 8,935 2026 8,923 2027 8,690 Thereafter 13,563 Total $ 57,960 Lessee Lease Arrangements The Company determines if an arrangement is or contains a lease at inception. If it is determined to be or contain a lease, then the lease is classified as an operating or finance lease. Right-of-use assets represent the Company's right to use an underlying asset for the lease term. Lease liabilities represent the Company's obligation to make lease payments arising from the lease. When recognizing right-of-use assets and liabilities, the Company accounts for lease and non-lease components separately because such amounts are readily determinable under the lease contracts. Right-of-use assets and liabilities are measured on commencement date based on the present value of the lease payments over the lease term, discounted using the discount rate for the lease at commencement. The discount rate is the rate implicit in the lease, however, if that is not readily determinable, the Company will use its incremental borrowing rate. The right-of-use asset also includes any lease payments made before the commencement date and initial direct costs and excludes any lease incentives received. The lease terms may include options to extend or terminate the lease when it is reasonably certain that the option will be exercised. Lease expense for lease payments is recognized on a straight-line basis over the lease term. The Company does not apply the recognition and measurement requirements to any short-term leases (terms of twelve months or less). Operating leases are included in other assets and other liabilities in the consolidated balance sheets. Finance leases are included in other assets and borrowings in the consolidated balance sheets. Lease expense for operating leases and finance leases is included in occupancy expense in the consolidated statements of income and interest expense for finance leases is included in borrowings interest expense in the consolidated statements of income. The Company has operating leases for real property, land, copiers and other equipment. These leases have remaining lease terms of less than 1 year to 24 years, some of which include options to extend the leases for up to 20 years, and some of which include options to terminate the leases. The Company has concluded that it is reasonably certain it will exercise the options to extend for only one lease, which was therefore recognized as part of the right-of-use asset and lease liability. The Company had a finance lease for fitness equipment, which matured during the year ended December 31, 2022. The components of lease expense are as follows: December 31, 2022 December 31, 2021 Operating lease cost $ 1,224 $ 635 Short-term lease cost 99 96 Finance lease cost: Amortization of right-of-use assets 4 3 Interest expense on lease liabilities — — Total net lease cost $ 1,327 $ 734 Supplemental disclosure for the consolidated balance sheets related to operating and finance leases is as follows: December 31, 2022 December 31, 2021 Operating lease right-of-use asset $ 2,118 $ 2,228 Operating lease liability 2,558 2,436 Finance lease right-of-use asset — 4 Finance lease liability — 4 The weighted average remaining lease term and weighted average discount rate for leases are as follows: December 31, 2022 December 31, 2021 Weighted average remaining lease term (years) Operating leases 10.62 12.35 Finance lease 0 0.92 Weighted average discount rate Operating leases 3.14 % 2.74 % Finance lease — % 3.10 % A maturity analysis of operating lease liabilities is as follows: As of December 31, 2022 Operating Leases 2023 $ 696 2024 421 2025 244 2026 197 2027 201 Thereafter 1,438 Total lease payments 3,197 Less: imputed interest (639) Total lease liabilities $ 2,558

Servicing Assets

Servicing Assets	12 Months Ended
	Dec. 31, 2022
Transfers and Servicing [Abstract]
Servicing Assets	Servicing Assets Loans serviced for others are not included in the accompanying consolidated balance sheets. The unpaid principal balances of loans serviced for others requiring recognition of a servicing asset were $2.67 billion, $2.29 billion and $2.21 billion at December 31, 2022, 2021 and 2020 , respectively. The unpaid principal balance for all loans serviced for others was $3.48 billion, $3.30 billion and $3.21 billion at December 31, 2022, 2021 and 2020 , respectively. The following summarizes the activity pertaining to servicing rights: 2022 2021 Balance at beginning of period $ 33,574 $ 33,918 Additions, net 9,326 11,382 Fair value changes: Due to changes in valuation inputs or assumptions (5,934) (982) Decay due to increases in principal paydowns or runoff (10,643) (10,744) Balance at end of period $ 26,323 $ 33,574 The fair value of servicing rights was determined using a weighted average discount rate of 20.8% on December 31, 2022 and 13.2% on December 31, 2021. The fair value of servicing rights was determined using a weighted average prepayment speed of 15.7% on December 31, 2022 and 16.2% on December 31, 2021, with the actual rate depending on the stratification of the specific right. Changes to fair value are reported in loan servicing asset revaluation The fair value of servicing rights is highly sensitive to changes in underlying assumptions. Changes in prepayment speed assumptions have the most significant impact on the fair value of servicing rights. Generally, as interest rates rise on variable rate loans, loan prepayments increase due to an increase in refinance activity, which results in a decrease in the fair value of servicing assets. However, weakening economic conditions or significant declines in interest rates can also increase loan prepayment activity. Measurement of fair value is limited to the conditions existing and the assumptions used as of a particular point in time, and those assumptions may not be appropriate if they are applied at a different time.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Premises and Equipment	Premises and Equipment Components of Premises and Equipment Components of premises and equipment and total accumulated depreciation at December 31, 2022 and 2021 are as follows: 2022 2021 Buildings $ 54,746 $ 54,746 Land improvements 5,180 5,180 Furniture and equipment 19,117 18,683 Hardware and software 10,264 8,399 Leasehold improvements 7,705 8,106 Land 15,982 8,650 Transportation 49,766 49,766 Solar panels 163,391 163,391 Deposits on fixed assets 33,966 712 Premises and equipment, total 360,117 317,633 Less accumulated depreciation (96,827) (77,437) Premises and equipment, net of depreciation $ 263,290 $ 240,196 Deposits on fixed assets at December 31, 2022 consist primarily of software development costs, plane deposits and campus improvement costs. Depreciation expense for the years ended December 31, 2022, 2021 and 2020 amounted to $20.6 million, $21.2 million and $21.6 million, respectively.

Deposits

Deposits	12 Months Ended
	Dec. 31, 2022
Deposits Liabilities, Balance Sheet, Reported Amounts [Abstract]
Deposits	Deposits The types of deposits at December 31, 2022 and 2021 are: 2022 2021 Noninterest-bearing deposits $ 194,100 $ 89,279 Interest-bearing deposits: Money market 128,443 105,628 Savings 4,096,576 3,507,354 Time deposits 4,465,809 3,409,783 Total 8,690,828 7,022,765 Total deposits $ 8,884,928 $ 7,112,044 The aggregate amount of time deposits in denominations of $250 thousand or more at December 31, 2022 and 2021 was approximately $629.1 million and $564.8 million, respectively. At December 31, 2022 the scheduled maturities of total time deposits are as follows: Year Amount 2023 $ 2,350,669 2024 620,558 2025 431,735 2026 356,022 2027 266,189 Thereafter 440,636 Total $ 4,465,809

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Borrowings	Borrowings Total outstanding borrowings consisted of the following: December 31, December 31, Borrowings In March 2021, the Company entered into a 60-month term loan agreement of $50.0 million with a third party correspondent bank. The loan accrues interest at a fixed rate of 2.95% with a monthly payment sufficient to fully amortize the loan, with all remaining unpaid principal and interest due at maturity on March 30, 2026. The Company paid the Lender a non-refundable $325 thousand loan origination fee upon signing of the Note that is presented as a direct deduction from the carrying amount of the loan and will be amortized into interest expense over the life of the loan. $ 33,203 $ 42,734 In April 2020, the Company entered into the Federal Reserve Bank's Paycheck Protection Program Liquidity Facility (“PPPLF”). Under the PPPLF, advances must be secured by pledges of loans to small businesses originated by the Company under the U.S. Small Business Administration's 7(a) loan program titled the Paycheck Protection Program. The PPPLF accrues interest at thirty-five basis points and matures at various dates equal to the maturity date of the PPPLF collateral pledged to secure the advance, and will be accelerated on and to the extent of any 7(a) loan forgiveness reimbursement by the SBA for any PPPLF collateral or the date of purchase by the SBA from the borrower of any PPPLF collateral. On the maturity date of each advance, the Company shall repay the advance plus accrued interest. The borrowing was paid in full at September 30, 2022. — 267,550 In September 2020, the Company renewed a $50.0 million revolving line of credit originally issued in 2017 with a third party correspondent bank. Subsequently on October 20, 2021, the Company renewed and increased the revolving line of credit from $50.0 million to $100.0 million and increased the term from 12 months to 36 months. The line of credit is unsecured and accrues interest at 30-day SOFR plus 1.25%, with an interest rate cap of 4.25% and an interest rate floor of 2.75%. Payments are interest only with all principal and accrued interest due at maturity on October 10, 2025. The terms of this loan require the Company to maintain minimum capital and debt service coverage ratios. The Company paid the Lender a non-refundable $750 thousand loan origination fee upon signing of the Note that will be amortized into interest expense over the life of the loan. The Company made an advance of $8.0 million on December 20, 2021 and $12.0 million on March 16, 2022. The Company paid down this balance in full on May 20, 2022 and there is $100.0 million of available credit remaining at December 31, 2022. — 8,000 On December 30, 2022, the Company made an advance of $50.0 million on an overnight Fed Funds line of credit that is unsecured with an interest rate of 4.65% with $50.0 million of available credit remaining at December 31, 2022. 50,000 — Other long term debt (1) — 5 Total borrowings $ 83,203 $ 318,289 (1) Includes finance leases paid in full November 1, 2022. The Company may purchase federal funds through unsecured federal funds lines of credit with various correspondent banks, which totaled $164.5 million and $167.5 million as of December 31, 2022 and 2021, respectively. These lines are intended for short-term borrowings and are subject to restrictions limiting the frequency and terms of advances. These lines of credit are payable on demand and bear interest based upon the daily federal funds rate. The Company had $50.0 million in outstanding balances on the lines of credit as of December 31, 2022, and no outstanding balance on the lines of credit as of December 31, 2021. The Company has entered into a repurchase agreement with a third party for up to $5.0 million as of December 31, 2022 and 2021. At the time the Company enters into a transaction with the third party, the Company must transfer securities or other assets against the funds received. The terms of the agreement are set at market conditions at the time the Company enters into such transaction. The Company had no outstanding balance on the repurchase agreement as of December 31, 2022 and 2021. On June 18, 2018, the Company entered into a borrowing agreement with the Federal Home Loan Bank of Atlanta. These borrowings must be secured with eligible collateral approved by the Federal Home Loan Bank of Atlanta. As of December 31, 2022 and 2021, there was $2.31 billion and $2.02 billion, respectively, of potential borrowing capacity available under this agreement. There is no collateral pledged and no advances outstanding as of December 31, 2022 or 2021. The Company may borrow funds through the Federal Reserve Bank’s discount window. These borrowings are secured by a blanket floating lien on qualifying loans with a balance of $2.81 billion and $2.44 billion as of December 31, 2022 and 2021, respectively. At December 31, 2022 and 2021, the Company had approximately $2.35 billion and $2.04 billion, respectively, in borrowing capacity available under these arrangements with no outstanding balance as of December 31, 2022 or 2021.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The components of income tax expense for the years ended December 31 are as follows: 2022 2021 2020 Current income tax expense: Federal $ 3,686 $ 12,774 $ 2,071 State 3,301 6,211 3,222 Total current tax expense 6,987 18,985 5,293 Deferred income tax expense (benefit): Federal 23,838 22,886 (12,946) State 3,291 1,922 (4,501) Total deferred tax expense (benefit) 27,129 24,808 (17,447) Income tax expense (benefit), as reported $ 34,116 $ 43,793 $ (12,154) Reported income tax expense (benefit) differed from the amounts computed by applying the U.S. federal statutory income tax rate of 21% in 2022, 2021 and 2020 to income before income taxes as follows: 2022 2021 2020 Income tax expense computed at the statutory rate $ 44,168 $ 44,266 $ 9,952 State income tax expense (benefit), net of federal 5,899 6,426 (1,009) Stock-based compensation expense 73 (4,689) (17,489) Decrease in taxes due to investment tax credit (16,361) (3,392) — Amended return net benefits (3,261) — — Net operating loss carryback arising from CARES Act — — (3,732) Other 3,598 1,182 124 Total income tax expense (benefit) $ 34,116 $ 43,793 $ (12,154) Components of deferred tax assets and liabilities are as follows: 2022 2021 Deferred tax assets: Net unrealized losses on securities available for sale $ 29,153 $ — Allowance for loan and lease losses 27,159 19,918 Stock-based compensation expense 5,248 3,720 Capitalized research and experimentation costs 3,780 — Accrued expenses 1,070 2,247 Operating lease liabilities 618 584 Goodwill and intangibles 14 71 Mark to market on loans held for sale — 24,213 Deferred loan fees and costs, net — 3,388 Other 1,147 1,474 Total deferred tax assets 68,189 55,615 Deferred tax liabilities: Premises and equipment 39,054 41,038 Net unrealized gains on non-marketable and other equity securities 22,309 23,273 Mark to market on loans held for sale 14,036 — Unguaranteed loan discount 4,309 6,171 Deferred loan fees and costs, net 1,332 — Operating lease right-of-use assets 511 534 Net unrealized gains on securities available for sale — 614 Other 13 — Total deferred tax liabilities 81,564 71,630 Net deferred tax (liability) asset $ (13,375) $ (16,015) The Company assesses the realizability of deferred tax assets at each reporting period and considers whether it is more likely than not that a deferred tax asset will not be realized. The realization of a deferred tax asset is dependent upon the generation of future taxable income during periods in which the related temporary difference becomes deductible or realizable prior to its expiration. The Company considers projected future taxable income, scheduled reversal of deferred tax liabilities, cessation of investing in renewable energy assets that generate investment tax credits and tax planning strategies in making this assessment. Based on these considerations, management believes it is more likely than not that the deferred tax assets will be realized. ASC 740, Income Taxes, defines the threshold for recognizing the benefits of tax return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority. The Company does not have material uncertain tax positions, interest or penalties recorded in the consolidated balance sheets or statements of income as of or for the years ended December 31, 2022, 2021 and 2020. The Company files a consolidated income tax return in the U.S. federal tax jurisdiction. Generally, the Company’s federal and state tax returns are no longer subject to examination by the taxing authorities for years prior to 2015.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair Value Hierarchy There are three levels of inputs in the fair value hierarchy that may be used to measure fair value. Financial instruments are considered Level 1 when valuation can be based on quoted prices in active markets for identical assets or liabilities. Level 2 financial instruments are valued using quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or models using inputs that are observable or can be corroborated by observable market data of substantially the full term of the assets or liabilities. Financial instruments are considered Level 3 when their values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable and when determination of the fair value requires significant management judgment or estimation. Recurring Fair Value The following sections provide a description of the valuation methodologies used for instruments measured at fair value on a recurring basis, as well as the general classification of such instruments pursuant to the fair value hierarchy: Investment securities : Where quoted prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. Level 1 securities would include highly liquid government bonds, mortgage products and exchange traded equities. If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics, discounted cash flow or at net asset value per share. Level 2 securities would include U.S. government agency securities, mortgage-backed securities, obligations of states and political subdivisions and certain corporate, asset backed and other securities. In certain cases where there is limited activity or less transparency around inputs to the valuation, securities are classified within Level 3 of the valuation hierarchy. Loans held for sale: The fair values of loans held for sale accounted for under the fair value option are determined by discounting estimated cash flows using interest rates approximating prevailing market rates for similar loans adjusted to reflect the inherent credit risk. Due to the nature of the valuation inputs, loans held for sale are classified within Level 3 of the valuation hierarchy. Loans held for investment: The fair values of loans held for investment accounted for under the fair value option are typically determined based on discounted cash flow analyses using market-based interest rate spreads. Discounted cash flow analyses are adjusted, as appropriate, to reflect current market conditions and borrower-specific credit risk. If the loan is collateral dependent, the fair value is determined based on the difference between the fair value of the collateral and the amortized cost basis of the loan as of the measurement date. Fair value of the loan’s collateral is determined by appraisals, independent valuation, or management’s estimation of fair value which is then adjusted for the cost related to liquidation of the collateral. Due to the nature of the valuation inputs, loans held for investment are classified within Level 3 of the valuation hierarchy. Servicing assets: Servicing rights do not trade in an active, open market with readily observable prices. While sales of servicing rights do occur, the precise terms and conditions typically are not readily available. Accordingly, the Company estimates the fair value of servicing rights using discounted cash flow models incorporating numerous assumptions from the perspective of a market participant including servicing income, servicing costs, market discount rates and prepayment speeds. Due to the nature of the valuation inputs, servicing rights are classified within Level 3 of the valuation hierarchy. Mutual fund: The mutual fund is registered with the Securities and Exchange Commission as a closed-end, non-diversified management investment company and operates as an interval fund. The fund primarily invests in the unguaranteed portion of SBA504 first lien loans secured by owner-occupied commercial real estate. This investment is valued using quoted prices in markets that are not active and is classified as Level 2 within the valuation hierarchy. Equity warrant assets: Fair value measurements of equity warrant assets of private companies are priced based on a Black-Scholes option pricing model to estimate the asset value by using stated strike prices, option expiration dates, risk-free interest rates and option volatility assumptions. Option volatility assumptions used in the Black-Scholes model are based on public companies that operate in similar industries as the companies in the Company’s private company portfolio. Option expiration dates are modified to account for estimates of actual life relative to stated expiration. Values are further adjusted for a general lack of liquidity due to the private nature of the associated underlying company. The Company classifies equity warrant assets within Level 3 of the valuation hierarchy. The table below provides a rollforward of the Level 3 equity warrant asset fair values. Twelve months ended December 31, Equity Warrant Assets 2022 2021 Balance at beginning of period $ 1,672 $ 908 Issuances 833 229 Net gains on derivative instruments 671 1,088 Settlements (966) (553) Balance at end of period $ 2,210 $ 1,672 The tables below present the recorded amount of assets and liabilities measured at fair value on a recurring basis. December 31, 2022 Total Level 1 Level 2 Level 3 Investment securities available-for-sale US government agencies $ 15,668 $ — $ 15,668 $ — Mortgage-backed securities 995,574 — 995,574 — Municipal bonds (1) 2,977 — 2,884 93 Other debt securities 500 — 500 — Loans held for investment 494,458 — — 494,458 Servicing assets (2) 26,323 — — 26,323 Mutual fund 1,656 — 1,656 — Equity warrant assets 2,210 — — 2,210 Total assets at fair value $ 1,539,366 $ — $ 1,016,282 $ 523,084 December 31, 2021 Total Level 1 Level 2 Level 3 Investment securities available-for-sale US government agencies $ 10,637 $ — $ 10,637 $ — Mortgage-backed securities 889,339 — 889,339 — Municipal bonds (1) 3,576 — 3,480 96 Other debt securities 2,500 — 2,500 — Loans held for sale 25,310 — — 25,310 Loans held for investment 645,201 — — 645,201 Servicing assets (2) 33,574 — — 33,574 Mutual fund 2,379 — 2,379 — Equity warrant assets 1,672 — — 1,672 Total assets at fair value $ 1,614,188 $ — $ 908,335 $ 705,853 (1) During the year ended December 31, 2022, the Company recorded a principal paydown of $1 thousand and a fair value adjustment loss of $2 thousand. During the year ended December 31, 2021, the Company recorded a principal paydown of $1 thousand and a fair value adjustment gain of $1 thousand. (2) See Note 5 for a rollforward of recurring Level 3 fair values for servicing assets. Fair Value Option The Company has historically elected to account for retained participating interests of all government guaranteed loans under the fair value option in order to align the accounting presentation with the Company’s viewpoint of the economics of the loans. Interest income on loans accounted for under the fair value option is recognized in loans and fees on loans on the Company’s consolidated statements of income. Beginning in the first quarter of 2021, the Company chose not to elect fair value for all retained participating interests arising from new government guaranteed loan sales. Not electing fair value generally results in a larger discount being recorded on the date of the sale. This discount is subsequently accreted into interest income over the underlying loan’s remaining term using the effective interest method. Management made this change of election in alignment with its ongoing effort to reduce volatility and drive more predictable revenue. In accordance with accounting standards, any loans for which fair value was previously elected will continue to be measured as such. There were no loans accounted for under the fair value option that were 90 days or more past due and still accruing interest at December 31, 2022 or 2021. The unpaid principal balance of unguaranteed exposure for nonaccruals was $7.2 million and $6.9 million at December 31, 2022 and 2021, respectively. The following tables provide more information about the fair value carrying amount and the unpaid principal outstanding of loans accounted for under the fair value option at December 31, 2022 and December 31, 2021. December 31, 2022 Total Loans Nonaccruals 90 Days or More Past Due Fair Value Carrying Amount Unpaid Principal Balance Difference Fair Value Carrying Amount Unpaid Principal Balance Difference Fair Value Carrying Amount Unpaid Principal Balance Difference Fair Value Option Elections Loans held for investment $ 494,458 $ 513,219 $ (18,761) $ 44,890 $ 46,993 $ (2,103) $ 24,663 $ 26,321 $ (1,658) $ 494,458 $ 513,219 $ (18,761) $ 44,890 $ 46,993 $ (2,103) $ 24,663 $ 26,321 $ (1,658) December 31, 2021 Total Loans Nonaccruals 90 Days or More Past Due Fair Value Carrying Amount Unpaid Principal Balance Difference Fair Value Carrying Amount Unpaid Principal Balance Difference Fair Value Carrying Amount Unpaid Principal Balance Difference Fair Value Option Elections Loans held for sale $ 25,310 $ 26,831 $ (1,521) $ — $ — $ — $ — $ — $ — Loans held for investment 645,201 666,066 (20,865) 38,262 42,841 (4,579) 24,057 25,633 (1,576) $ 670,511 $ 692,897 $ (22,386) $ 38,262 $ 42,841 $ (4,579) $ 24,057 $ 25,633 $ (1,576) The following table presents the net gains (losses) from changes in fair value. Twelve Months Ended Gains (Losses) on Loans Accounted for under the Fair Value Option 2022 2021 Loans held for sale $ 1,521 $ 502 Loans held for investment (475) 3,755 $ 1,046 $ 4,257 Losses related to borrower-specific credit risk were $1.9 million and $1.5 million for the twelve months ended December 31, 2022 and 2021, respectively. The following tables summarize the activity pertaining to loans accounted for under the fair value option. Twelve Months Ended Loans held for sale 2022 2021 Balance at beginning of period $ 25,310 $ 36,111 Repurchases & Issuances 65 — Fair value changes 1,521 502 Transfers (26,219) — Settlements (677) (11,303) Balance at end of period $ — $ 25,310 Twelve Months Ended Loans held for investment 2022 2021 Balance at beginning of period $ 645,201 $ 815,374 Repurchases & Issuances 18,629 37,159 Fair value changes (475) 3,755 Transfers 26,219 — Settlements (195,116) (211,087) Balance at end of period $ 494,458 $ 645,201 Non-recurring Fair Value The following sections provide a description of the valuation methodologies used for instruments measured at fair value on a non-recurring basis, as well as the general classification of such instruments pursuant to the fair value hierarchy: Collateral-dependent loans : Loans are considered collateral-dependent when the Company has determined that foreclosure of the collateral is probable or when a borrower is experiencing financial difficulty and the loan is expected to be repaid substantially through the operation or sale of collateral. A collateral-dependent loan’s ACL is measured based on the difference between the fair value of the collateral and the amortized cost basis of the loan as of the measurement date. Fair value of the loan’s collateral is determined by appraisals, independent valuation, or management’s estimation of fair value which is then adjusted for the cost related to liquidation of the collateral. Collateral-dependent loans are generally classified as Level 3 based on management’s judgment and estimation. Loans with agreed upon sales prices are classified as Level 1. Foreclosed assets: Foreclosed real estate is adjusted to fair value less selling costs upon transfer of the loans to foreclosed real estate. Subsequently, foreclosed real estate is carried at the lower of carrying value or fair value less selling costs. Fair value is based upon independent market prices, appraised values of the collateral or management’s estimation of the value of the collateral. Given the lack of observable market prices for identical properties and market discounts applied to appraised values, the Company generally classifies foreclosed assets as nonrecurring Level 3. The tables below present the recorded amount of assets and liabilities measured at fair value on a non-recurring basis. December 31, 2022 Total Level 1 Level 2 Level 3 Collateral-dependent loans $ 4,840 $ — $ — $ 4,840 Total assets at fair value $ 4,840 $ — $ — $ 4,840 December 31, 2021 Total Level 1 Level 2 Level 3 Collateral-dependent loans $ 1,567 $ — $ — $ 1,567 Foreclosed assets 620 — — 620 Total assets at fair value $ 2,187 $ — $ — $ 2,187 Level 3 Analysis For Level 3 assets and liabilities measured at fair value as of December 31, 2022 and December 31, 2021, the significant unobservable inputs used in the fair value measurements were as follows: December 31, 2022 Level 3 Assets with Significant Unobservable Inputs Fair Value Valuation Technique Significant Unobservable Inputs Range Weighted Average (1) Recurring fair value Municipal bond $ 93 Discounted expected cash flows Discount rate 6.0 % N/A Prepayment speed 5.0 % N/A Loans held for investment $ 494,458 Discounted expected cash flows Loss rate 0.0 % - 79.3 % 1.9 % Discount rate 7.5 % - 11.2 % 10.0 % Prepayment speed 16.5 % 16.5 % Discounted appraisals Appraisal adjustments (2) 0.0 % - 77.3 % 28.6 % Equity warrant assets $ 2,210 Black-Scholes option pricing model Volatility 26.5 % - 90.0 % 34.2 % Risk-free interest rate 3.9 % - 4.0 % 3.9 % Marketability discount 20.0 % 20.0 % Remaining life 3 - 10 years 7.7 years Non-recurring fair value Collateral-dependent loans $ 4,840 Discounted appraisals Appraisal adjustments (2) 10.0 % - 66.5 % 34.2 % December 31, 2021 Level 3 Assets with Significant Unobservable Inputs Fair Value Valuation Technique Significant Unobservable Inputs Range Weighted Average (1) Recurring fair value Municipal bond $ 96 Discounted expected cash flows Discount rate 4.8 % N/A Prepayment speed 5.0 % N/A Loans held for sale $ 25,310 Discounted expected cash flows Discount rate 6.2 % - 21.9 % 6.6 % Prepayment speed 17.4 % 17.4 % Loans held for investment $ 645,201 Discounted expected cash flows Loss rate 0.0 % - 70.2 % 1.5 % Discount rate 6.2 % - 21.9 % 6.6 % Prepayment speed 17.4 % 17.4 % Discounted appraisals Appraisal adjustments (2) 10.0 % - 85.0 % 16.2 % Equity warrant assets $ 1,672 Black-Scholes option pricing model Volatility 26.2 % - 88.2 % 39.2 % Risk-free interest rate 1.3 % - 1.5 % 1.5 % Marketability discount 20.0 % 20.0 % Remaining life 4 - 10 years 7.5 years Non-recurring fair value Collateral-dependent loans $ 1,567 Discounted appraisals Appraisal adjustments (2) 10.0 % - 99.0 % 32.9 % Foreclosed assets $ 620 Discounted appraisals Appraisal adjustments (2) 9.0 % - 10.0 % 9.5 % (1) Weighted averages are determined by the relative fair value of the instruments or the relative contribution to the instruments fair value. (2) Appraisals may be adjusted by management for customized discounting criteria, estimated sales costs, and other qualitative adjustments. Estimated Fair Value of Other Financial Instruments GAAP also requires disclosure of fair value information about financial instruments carried at book value on the consolidated balance sheet. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. In that regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, could not be realized in immediate settlement of the instruments. Accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Company. The carrying amounts and estimated fair values of the Company’s financial instruments are as follows: December 31, 2022 Carrying Amount Quoted Price In Active Markets for Identical Assets/Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Fair Value Financial assets Cash and due from banks $ 280,239 $ 280,239 $ — $ — $ 280,239 Federal funds sold 136,397 136,397 — — 136,397 Certificates of deposit with other banks 4,000 4,000 — — 4,000 Loans held for sale 554,610 — — 577,254 577,254 Loans and leases held for investment, net of allowance for credit losses on loans and leases 6,753,154 — — 6,652,936 6,652,936 Financial liabilities Deposits 8,884,928 — 8,532,615 — 8,532,615 Borrowings 83,203 — — 82,258 82,258 December 31, 2021 Carrying Amount Quoted Price In Active Markets for Identical Assets/Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Fair Value Financial assets Cash and due from banks $ 187,203 $ 187,203 $ — $ — $ 187,203 Federal funds sold 16,547 16,547 — — 16,547 Certificates of deposit with other banks 4,750 4,930 — — 4,930 Loans held for sale 1,091,209 — — 1,197,307 1,197,307 Loans and leases held for investment, net of allowance for credit losses on loans and leases 4,812,477 — — 4,958,875 4,958,875 Financial liabilities Deposits 7,112,044 — 6,942,512 — 6,942,512 Borrowings 318,289 — — 312,036 312,036

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation In the ordinary course of operations, the Company is at times involved in legal proceedings. In the opinion of management, as of December 31, 2022, there are no material pending legal proceedings to which the Company or any of its subsidiaries is a party or of which any of their property is the subject. On March 12, 2021, a purported class action was filed against the Company in the United States District Court for the Eastern District of North Carolina, Joseph McAlear, individually and on behalf of all others similarly situated v. Live Oak Bancshares, Inc. et al. The complaint alleged the existence of an agreement between the Company, nCino, Inc. and Apiture, LLC in which those companies purportedly sought to restrain the mobility of employees in violation of antitrust laws by agreeing not to solicit or hire each other’s employees. The complaint alleged violations of Section 1 of the federal Sherman Act (15 U.S.C. § 1) and violations of Sections 75-1 and 75-2 of the North Carolina General Statutes. The plaintiff sought monetary damages, including treble damages, entitlement to restitution, disgorgement, attorneys’ fees, and pre- and post-judgment interest. On October 12, 2021, the Company reached an agreement to settle the case with a proposed class of all persons (with certain exclusions) employed by the Company or its wholly owned subsidiary, Live Oak Banking Company, Apiture, Inc. or nCino, Inc. in North Carolina at any time from January 27, 2017, through March 31, 2021. In the agreement, the Company agreed to pay $3.9 million. On October 13, 2021, the plaintiff filed a motion for preliminary approval of the settlement, which the court granted by order entered on November 23, 2021. After class-wide noticing, the plaintiff filed a motion for final approval on March 28, 2022, which the court granted by order entered on April 28, 2022. Pursuant to the terms of the settlement, the settlement became effective on June 11, 2022. Financial Instruments with Off-balance-sheet Risk The Company is party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve, to varying degrees, credit risk in excess of the amount recognized in the balance sheet. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as for on-balance-sheet instruments. A summary of the Company’s commitments is as follows: December 31, 2022 December 31, 2021 Commitments to extend credit $ 2,731,866 $ 2,634,387 Standby letters of credit 26,454 10,753 Airplane purchase agreement commitments 24,000 — Total unfunded off-balance sheet credit risk $ 2,782,320 $ 2,645,140 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the party. Collateral held varies, but may include accounts receivable, inventory, property and equipment, residential real estate and income-producing commercial properties. Commitment letters are issued after approval of the loan by the Credit Department and generally expire ninety days after issuance. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Those guarantees are primarily issued to support public and private borrowing arrangements. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. Collateral held varies as specified above and is required in instances which the Company deems necessary. As of December 31, 2022 and 2021, the Company had unfunded commitments to provide capital contributions for on-balance sheet instruments in the amount of $26.1 million and $10.4 million, respectively. Concentrations of Credit Risk The distribution of commitments to extend credit approximates the distribution of loans outstanding. The Company does not have a significant number of credits to any single borrower or group of related borrowers whereby their retained exposure exceeds $20.0 million, except for 23 relationships that have a retained unguaranteed exposure of $701.9 million of which $440.9 million of the unguaranteed exposure has been disbursed. Additionally, the Company has future minimum lease payments receivable under non-cancelable operating leases totaling $58.0 million, of which no relationships exceed $20.0 million. The Company from time-to-time may have cash and cash equivalents on deposit with financial institutions that exceed federally-insured limits.

Benefit Plans

Benefit Plans	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Benefit Plans	Benefit Plans Defined Contribution Plan The Company maintains an employee benefit plan pursuant to Section 401(k) of the Internal Revenue Code. The plan covers substantially all employees. Participants may contribute a percentage of compensation, subject to a maximum allowed under the Code. In addition, the Company makes certain matching contributions and may make additional contributions at the discretion of the board of directors. Company expense relating to the plan for the years ended December 31, 2022, 2021 and 2020 amounted to $6.3 million, $4.4 million and $3.9 million, respectively. Flexible Benefits Plan The Company maintains a Flexible Benefits Plan which covers substantially all employees. Participants may set aside pre-tax dollars to provide for future expenses such as dependent care. Employee Stock Purchase Plan The Company adopted an Employee Stock Purchase Plan on October 8, 2014, which plan was most recently amended and restated as of March 22, 2021 and approved by the Company’s shareholders on May 11, 2021 (“ESPP”), within the meaning of Section 423 of the Internal Revenue Code of 1986, as amended. Under this plan, eligible employees are able to purchase available shares with post-tax dollars as of the grant date. In order for employees to be eligible to participate in this plan they must be employed or on an authorized leave of absence from the Company or any subsidiary immediately prior to the grant date. ESPP stock purchases cannot exceed $25 thousand in fair market value per employee per calendar year. Options to purchase shares under the ESPP are granted at a 15% discount to fair market value. Expense recognized in relation to the ESPP was $188 thousand, $118 thousand and $92 thousand for fiscal years 2022, 2021 and 2020, respectively. Stock Option Plans On March 20, 2015, the Company adopted the 2015 Omnibus Stock Incentive Plan which replaced the previously existing Amended Incentive Stock Option Plan and Nonstatutory Stock Option Plan. Subsequently on May 24, 2016, the 2015 Omnibus Stock Incentive Plan was amended and restated, and on May 15, 2018, the 2015 Omnibus Stock Incentive Plan was amended, to authorize awards covering a maximum of 7,000,000 and 8,750,000 common voting shares, respectively. On May 11, 2021, the Amended and Restated 2015 Omnibus Stock Incentive Plan was amended to authorize awards covering a maximum of 10,750,000 common voting shares. Options or restricted shares granted under the Amended and Restated 2015 Omnibus Stock Incentive Plan (the “Plan”) expire no more than 10 years from date of grant. Exercise prices under the Plan are set by the Board of Directors at the date of grant but shall not be less than 100% of fair market value of the related stock at the date of the grant. Forfeitures are recognized as they occur. Compensation cost relating to share-based payment transactions are recognized in the financial statements with measurement based upon the fair value of the equity or liability instruments issued. For the years ended December 31, 2022, 2021 and 2020 the Company recognized $753 thousand, $1.3 million and $1.5 million in compensation expense for stock options, respectively. Stock option activity under the Plan during the year ended December 31, 2022 is summarized below. Shares Weighted Average Weighted Average Aggregate Outstanding at December 31, 2021 1,062,681 $ 12.94 Exercised (228,941) 13.58 Forfeited (8,626) 15.75 Outstanding at December 31, 2022 825,114 $ 12.73 2.28 $ 14,412,142 Exercisable at December 31, 2022 787,354 $ 12.67 2.24 $ 13,803,102 The following is a summary of non-vested stock option activity for the Company for the years ended December 31, 2022, 2021 and 2020. Shares Weighted Average Grant Date Fair Value Non-vested at December 31, 2019 1,485,396 $ 4.73 Vested (387,867) 3.05 Forfeited (74,893) 4.52 Non-vested at December 31, 2020 1,022,636 5.38 Vested (592,693) 4.35 Forfeited (47,093) 7.28 Non-vested at December 31, 2021 382,850 6.75 Vested (336,464) 6.85 Forfeited (8,626) 6.95 Non-vested at December 31, 2022 37,760 $ 6.60 The total intrinsic value of options exercised during the years ended December 31, 2022, 2021 and 2020 was $7.0 million, $46.3 million and $15.9 million, respectively. At December 31, 2022, unrecognized compensation costs relating to stock options amounted to $25 thousand which will be recognized over a weighted average period of 0.27 years. There were no options granted in 2022, 2021 or 2020. Restricted Stock Plan In 2010, the Company adopted a Restricted Stock Plan. Under this plan, a total of 1,350,000 shares of Common Stock were available for issuance to eligible employees. Restricted stock grants vested in equal installments ranging from immediate vesting to over a seven The fair value of each restricted stock unit is based on the market value of the Company’s stock on the date of the grant. Restricted stock awards are authorized in the form of restricted stock awards or units (“RSUs”) and restricted stock awards or units with a market price condition (“Market RSUs”). RSUs have a restriction based on the passage of time and may also have a restriction based on a non-market-related performance criteria. The fair value of the RSUs is based on the closing price on the date of the grant. Market RSUs may have a restriction based on the passage of time and may have non-market-related performance criteria, but also have a restriction based on market price criteria related to the Company’s share price closing at or above a specified price for at least twenty (20) consecutive trading days at any time prior to the expiration date of the grants. For the outstanding Market RSUs as of December 31, 2020, the market price conditions ranged from $45.00 to $55.00 per share. The non-market-related performance criteria had all been satisfied as of December 31, 2020. The amount of Market RSUs earned will not exceed 100% of the Market RSUs awarded. The fair value of the Market RSUs and the implied service period is calculated using the Monte Carlo Simulation method. The following is a summary of non-vested RSU stock activity for the Company for the year ended December 31, 2022. Shares Weighted Average Grant Date Fair Value Non-vested at December 31, 2021 1,907,513 $ 46.12 Granted 885,939 37.75 Vested (314,703) 41.62 Forfeited (69,051) 46.23 Non-vested at December 31, 2022 2,409,698 $ 43.63 During 2021 and 2020, the Company granted 1,329,508 and 586,132 RSUs, respectively. The weighted average grant date fair value for RSUs granted in 2021 and 2020 were $58.19 and $17.78 respectively. For the years ended December 31, 2022, 2021 and 2020 the Company recognized $19.4 million, $11.4 million and $3.5 million in compensation expense for RSUs, respectively. At December 31, 2022, unrecognized compensation costs relating to RSUs amounted to $88.1 million which will be recognized over a weighted average period of 4.18 years. The compensation expense for Market RSUs is measured based on their grant date fair value as calculated using the Monte Carlo Simulation and is recognized on a straight-line basis over the average vesting period. The Monte Carlo Simulation used 100,000 simulation paths to assess the expected date of achieving the market price criteria. For the years ended December 31, 2021 and 2020, the Company recognized $4.2 million and $9.7 million, respectively, in compensation expense for Market RSUs. For the year ended December 31, 2021, 575,500 Market RSUs met the performance stock price conditions for the $45.00, $48.00 $50.00 and $55.00 stock price for twenty consecutive days. The remaining expense of $3.7 million was fully recognized due to the accelerated vesting. For the year ended December 31, 2020, 2,513,233 Market RSUs met the performance stock price conditions for the $34.00 $35.00 $38.00 and $40.00 stock price for twenty consecutive days. The remaining expense of $2.4 million was fully recognized due to the accelerated vesting. There were no remaining Market RSUs at year end December 31, 2022 and 2021. Employee Incentive Compensation The Company has an incentive compensation framework whereby full-time employees are eligible to receive an annual cash bonus payment plus the opportunity for an annual long-term incentive (“LTI”) equity grant in the form of RSUs. Both cash bonus and LTI equity grants are based on each individual’s base pay and overall Company performance. LTI grants are also influenced by each individual’s tiered target as a percent of base pay. Total expenses related to the cash bonus for employees were $9.4 million, $7.7 million and $6.7 million for the years ended December 31, 2022, 2021 and 2020, respectively. In addition, for the years ended December 31, 2022, 2021 and 2020 the Company had discretionary special bonuses related to fintech investment gains and PPP loan efforts of $10.5 million, $4.0 million and $7.2 million, respectively, to most full-time employees.

Regulatory Matters

Regulatory Matters	12 Months Ended
	Dec. 31, 2022
Regulated Operations [Abstract]
Regulatory Matters	Regulatory Matters Dividends The Bank, as a North Carolina banking corporation, may pay dividends to shareholders provided the bank does not make distributions that reduce its capital below its applicable required capital, pursuant to North Carolina General Statutes Section 53C-4-7. However, regulatory authorities may limit payment of dividends by any bank when it is determined that such a limitation is in the public interest and is necessary to ensure financial soundness of the bank. Capital Requirements The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. The Basel III Capital Rules, a comprehensive capital framework for U.S. banking organizations, includes quantitative measures designed to ensure capital adequacy. The Basel III Rules require the Company and the Bank to maintain (i) a minimum common equity Tier 1 ratio minimum of 4.50 percent plus a 2.50 percent “capital conservation buffer” (effectively resulting in minimum common equity Tier 1 ratio of 7.00 percent), (ii) Tier 1 risk-based capital minimum of 6.00 percent plus the capital conservation buffer (effectively resulting in a minimum Tier 1 risk-based capital ratio of 8.50 percent), (iii) total risk-based capital ratio minimum of 8.00 percent plus the capital conservation buffer (effectively resulting in a minimum total risk-based capital ratio of 10.5 percent) and (iv) Tier 1 leverage capital ratio minimum of 4.00 percent. The capital conservation buffer is designed to absorb losses during periods of economic stress and effectively increases the minimum required risk-weighted capital ratios. Failure to meet minimum capital requirements may result in certain actions by regulators that could have a direct material effect on the consolidated financial statements. As discussed in Note 1. Organization and Summary of Significant Accounting Policies, the Company recorded a cumulative effect increase to retained earnings totaling $822 thousand on January 1, 2020 as a result of the adoption of ASC 326. The Company did not elect the federal banking agencies’ transition option that allowed banking organizations to phase in the day one effects of ASC 326 on their regulatory capital ratios over multiple years. Federal bank regulatory agencies have issued an interim final rule that permits banks to neutralize the regulatory capital effects of participating in the PPPLF and clarify that PPP loans have a zero percent risk weight under applicable risk-based capital rules. Specifically, a bank may exclude all PPP loans pledged as collateral to the PPPLF from its average total consolidated assets for the purposes of calculating its leverage ratio, while PPP loans that are not pledged as collateral to the PPPLF will be included. Accordingly, the Company’s PPP loans are excluded from the calculation of the leverage ratio as of December 31, 2022 and 2021. Based on the most recent notification from the Federal Deposit Insurance Corporation, the Bank is well capitalized under the regulatory framework for prompt corrective action. As of December 31, 2022, the Company and the Bank met all capital adequacy requirements to which they are subject and were not aware of any conditions or events that would change each entity’s well capitalized status. Capital amounts and ratios as of December 31, 2022 and 2021, are presented in the following table. Actual Minimum Capital Minimum To Be Amount Ratio Amount Ratio Amount Ratio Consolidated - December 31, 2022 Common Equity Tier 1 (to Risk-Weighted Assets) $ 888,235 12.47 % $ 320,446 4.50 % N/A N/A Total Capital (to Risk-Weighted Assets) $ 977,360 13.73 % $ 569,681 8.00 % N/A N/A Tier 1 Capital (to Risk-Weighted Assets) $ 888,235 12.47 % $ 427,261 6.00 % N/A N/A Tier 1 Capital (to Average Assets) $ 888,235 9.26 % $ 383,499 4.00 % N/A N/A Bank - December 31, 2022 Common Equity Tier 1 (to Risk-Weighted Assets) $ 730,092 10.70 % $ 307,179 4.50 % $ 443,703 6.50 % Total Capital (to Risk-Weighted Assets) $ 815,577 11.95 % $ 546,096 8.00 % $ 682,620 10.00 % Tier 1 Capital (to Risk-Weighted Assets) $ 730,092 10.70 % $ 409,572 6.00 % $ 546,096 8.00 % Tier 1 Capital (to Average Assets) $ 730,092 7.70 % $ 379,396 4.00 % $ 474,245 5.00 % Consolidated - December 31, 2021 Common Equity Tier 1 (to Risk-Weighted Assets) $ 689,367 12.38 % $ 250,619 4.50 % N/A N/A Total Capital (to Risk-Weighted Assets) $ 753,691 13.53 % $ 445,544 8.00% N/A N/A Tier 1 Capital (to Risk-Weighted Assets) $ 689,367 12.38 % $ 334,158 6.00% N/A N/A Tier 1 Capital (to Average Assets) $ 689,367 8.87 % $ 310,902 4.00% N/A N/A Bank - December 31, 2021 Common Equity Tier 1 (to Risk-Weighted Assets) $ 640,652 12.05 % $ 239,201 4.50 % $ 345,512 6.50 % Total Capital (to Risk-Weighted Assets) $ 704,976 13.26 % $ 425,246 8.00% $ 531,557 10.00% Tier 1 Capital (to Risk-Weighted Assets) $ 640,652 12.05 % $ 318,934 6.00% $ 425,246 8.00% Tier 1 Capital (to Average Assets) $ 640,652 8.32 % $ 307,931 4.00% $ 384,914 5.00%

Transactions with Related Parti

Transactions with Related Parties	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Transactions with Related Parties	Transactions with Related Parties The Company has entered into transactions with its directors, officers, significant shareholders, their affiliates, and equity method investments (“related parties”). The following table provides related party loan activity during 2022. Amount Balance as of December 31, 2021 $ 17,089 Loan originations 19,172 Loan repayments (14,523) Balance as of December 31, 2022 $ 21,738 Deposits from related parties held by the Company as of December 31, 2022 and 2021 amounted to $63.5 million and $40.3 million, respectively. Transactions with related parties include the following equity method investments: Apiture, Inc. (“Apiture”), Canapi Funds, Cape Fear Collective 1 & 2, Green Sun, Sunvest, and HEP. Apiture is a digital banking solution for financial institutions. The Canapi Funds are investment funds which focus on providing venture capital to new and emerging financial technology companies. Each of Cape Fear Collective 1 & 2 is a “qualified housing project” within the meaning of 12 CFR 362.3 and serves as a special purpose vehicle to purchase residential homes available for sale in the community. Green Sun, Sunvest, and HEP are solar income tax credit projects. See Note 2. Securities, section captioned “Equity Method Accounting,” for further detail on equity method investments. During the years ended December 31, 2022, 2021 and 2020, the Company paid Apiture $2.0 million, $1.2 million and $377 thousand, respectively, for professional services. During 2022, 2021 and 2020, the Company recognized income from Apiture of $438 thousand, $601 thousand and $782 thousand, respectively, for shared services and rent. During the years ended December 31, 2022, 2021 and 2020, the Company made charitable contributions in the amounts of $310 thousand, $352 thousand and $282 thousand, respectively, to Collective Impact in New Hanover County, a 501(c)(3) charitable organization (“Collective Impact”). Cape Fear Collective Ventures, LLC, a wholly owned subsidiary of Collective Impact, manages each of Cape Fear Collective 1 & 2.

Significant Equity Method Inves

Significant Equity Method Investments	12 Months Ended
	Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
Significant Equity Method Investments	Significant Equity Method InvestmentsIn accordance with Rules 3-09 and 4-08(g) of Regulation S-X, the Company must assess whether any of its equity method investments are significant equity method investments. In evaluating the significance of these investments, the Company performed the income test, the investment test and the asset test described in S-X 3-05 and S-X 1-02(w). Rule 3-09 of Regulation S-X requires separate audited financial statements of an equity method investee in an annual report if either the income or investment test exceeds 20%. As of December 31, 2022, 2021 and 2020, none of our investments were considered a significant subsidiary under Rule 3-09. Rule 4-08(g) of Regulation S-X requires summarized financial information in an annual report if any of the three tests exceeds 10%. Under the income test, the Company’s proportionate share of its equity method investees' aggregated net losses exceeded the applicable threshold of 10% for the year ended December 31, 2020, and are accordingly required to provide summarized financial information for these investees for all periods presented in this Form 10-K. The following table provides summarized balance sheet information for the Company’s combined equity method investments as of December 31, 2022 and 2021. The Company’s equity method investments are included in the other assets line on the consolidated balance sheet and are largely concentrated in new or emerging financial service technology companies and solar investment tax credits. As of December 31, Balance sheet data 2022 2021 Current assets $ 58,683 $ 90,629 Noncurrent assets 889,677 776,171 Total assets $ 948,360 $ 866,800 Current liabilities $ 16,947 $ 37,730 Noncurrent liabilities 16,799 14,052 Total liabilities 33,746 51,782 Equity interests 914,614 815,018 Total liabilities and equity $ 948,360 $ 866,800 The following table provides summarized income statement information for the Company’s combined equity method investments for the years ended December 31, 2022, 2021 and 2020. Years ended December 31, Summary of operations 2022 2021 2020 Total revenues $ 74,908 $ 79,016 $ 68,038 Net (loss) income (65,208) 215,792 (68,406)

Segments

Segments	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Segments	Segments The Company's management reporting process measures the performance of its operating segments based on internal operating structure, which is subject to change from time to time. Accordingly, the Company operates two reportable segments for management reporting purposes as discussed below: Banking - This segment specializes in providing financing services to small businesses nationwide in targeted industries and deposit-related services to small businesses, consumers and other customers nationwide. The primary source of revenue for this segment is net interest income and secondarily the origination and sale of government guaranteed loans. Fintech - This segment is involved in making strategic investments into emerging financial technology companies. The primary sources of revenue for this segment are principally gains and losses on equity method and equity security investments and management fees. The Fintech segment is comprised of the Company's direct wholly owned subsidiaries Live Oak Ventures and Canapi Advisors, and the investments held by those entities, as well as the Bank's investment in Apiture. The following tables provide financial information for the Company's segments. The information provided under the caption “Other” represents operations not considered to be reportable segments and/or general operating expenses of the Company, and includes the parent company, other non-bank subsidiaries and elimination adjustments to reconcile the results of the operating segments to the consolidated financial statements prepared in conformity with GAAP. Banking Fintech Other Consolidated As of and for the year ended December 31, 2022 Interest income $ 444,307 $ 93 $ 73 $ 444,473 Interest expense 115,324 — 1,648 116,972 Net interest income 328,983 93 (1,575) 327,501 Provision for loan and lease credit losses 40,943 — — 40,943 Noninterest income 80,562 155,028 2,402 237,992 Noninterest expense 296,891 9,413 7,922 314,226 Income tax (benefit) expense (226) 36,016 (1,674) 34,116 Net income (loss) $ 71,937 $ 109,692 $ (5,421) $ 176,208 Total assets $ 9,672,458 $ 124,249 $ 58,791 $ 9,855,498 As of and for the year ended December 31, 2021 Interest income $ 360,986 $ 201 $ 26 $ 361,213 Interest expense 63,119 — 1,309 64,428 Net interest income 297,867 201 (1,283) 296,785 Provision for loan and lease credit losses 15,210 — — 15,210 Noninterest income 114,363 43,141 2,696 160,200 Noninterest expense 215,819 5,395 9,773 230,987 Income tax expense (benefit) 35,539 10,280 (2,026) 43,793 Net income (loss) $ 145,662 $ 27,667 $ (6,334) $ 166,995 Total assets $ 8,053,212 $ 121,889 $ 38,292 $ 8,213,393 As of and for the year ended December 31, 2020 Interest income $ 288,305 $ — $ 103 $ 288,408 Interest expense 93,313 — 372 93,685 Net interest income 194,992 — (269) 194,723 Provision for loan and lease credit losses 40,658 — — 40,658 Noninterest income 77,512 6,567 1,921 86,000 Noninterest expense 181,555 5,510 5,611 192,676 Income tax (benefit) expense (7,171) 2,989 (7,972) (12,154) Net income (loss) $ 57,462 $ (1,932) $ 4,013 $ 59,543 Total assets $ 7,767,013 $ 83,946 $ 21,344 $ 7,872,303

Parent Company Only Financial S

Parent Company Only Financial Statements	12 Months Ended
	Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]
Parent Company Only Financial Statements	Parent Company Only Financial Statements The following balance sheets, statements of income and statements of cash flows are for Live Oak Bancshares, Inc. Balance Sheets As of December 31, 2022 2021 Assets Cash and cash equivalents $ 103,238 $ 10,635 Investment in subsidiaries 704,905 723,803 Other assets 50,801 40,149 Total assets $ 858,944 $ 774,587 Liabilities and Shareholders' Equity Borrowings $ 33,203 $ 50,734 Other liabilities 14,708 8,720 Total liabilities 47,911 59,454 Shareholders' equity: Common stock 330,854 312,294 Retained earnings 572,497 400,893 Accumulated other comprehensive (loss) income (92,318) 1,946 Total shareholders' equity 811,033 715,133 Total liabilities and shareholders' equity $ 858,944 $ 774,587 Statements of Income Years ended December 31, 2022 2021 2020 Interest income $ 73 $ 25 $ 91 Interest expense 1,648 1,309 372 Net interest loss (1,575) (1,284) (281) Noninterest income: Other noninterest income (107) 716 252 Total noninterest income (107) 716 252 Noninterest expense: Salaries and employee benefits 1,444 5,120 17,250 Professional services expense 1,163 679 750 Other expense 1,907 789 1,167 Total noninterest expense 4,514 6,588 19,167 Net loss before equity in undistributed income of subsidiaries (6,196) (7,156) (19,196) Income tax benefit (1,358) (1,615) (7,785) Net loss (4,838) (5,541) (11,411) Equity in undistributed income of subsidiaries in excess of dividends from subsidiaries 181,046 172,536 70,954 Net income attributable to Live Oak Bancshares, Inc. $ 176,208 $ 166,995 $ 59,543 Statements of Cash Flows Years ended December 31, 2022 2021 2020 Cash flows from operating activities Net income $ 176,208 $ 166,995 $ 59,543 Adjustments to reconcile net income to net cash (used in) provided by operating activities: Equity in undistributed net income of subsidiaries in excess of dividends of subsidiaries (181,046) (172,536) (70,954) Subsidiary vesting of restricted stock and other (14,862) 2,679 43,507 Deferred income tax 434 30,070 1,163 Stock option compensation expense 942 1,379 1,594 Restricted stock compensation expense 19,405 15,572 13,146 Business combination contingent consideration fair value adjustments (86) 99 163 Net change in other assets (2,846) (22,645) (6,182) Net change in other liabilities (1,626) (11,243) (525) Net cash (used in) provided by operating activities (3,477) 10,370 41,455 Cash flows from investing activities Capital return on (investment in) subsidiaries 121,750 (26,407) (6,354) Purchases of equity security investments (182) (84) (17) Purchases of equity method investments (904) (237) (507) Business combination, net of cash acquired — — (895) Net cash provided by (used in) investing activities 120,664 (26,728) (7,773) Cash flows from financing activities Proceeds from borrowings 12,096 57,675 70,000 Repayment of borrowings (29,627) (21,429) (55,512) Stock option exercises 2,118 4,158 3,069 Employee stock purchase program 1,067 670 520 Withholding cash issued in lieu of restricted stock and other (4,972) (19,151) (49,229) Repurchase and retirement of shares — (953) — Shareholder dividend distributions (5,266) (5,186) (4,906) Net cash (used in) provided by financing activities (24,584) 15,784 (36,058) Net change in cash and cash equivalents 92,603 (574) (2,376) Cash and cash equivalents at beginning of year 10,635 11,209 13,585 Cash and cash equivalents at end of year $ 103,238 $ 10,635 $ 11,209

Organization and Summary of S_2

Organization and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation Dollar amounts in all tables in the Notes to Consolidated Financial Statements have been presented in thousands, except percentage, time period, stock option, share and per share data. The accounting and reporting policies of the Company and the Bank follow United States generally accepted accounting principles (“GAAP”) and general practices within the financial services industry. The following is a description of the significant accounting and reporting policies the Company follows in preparing and presenting its consolidated financial statements. The Company has evaluated subsequent events for potential recognition and/or disclosure through the date these consolidated financial statements were issued.
Consolidation Policy	Consolidation Policy The consolidated financial statements include the financial statements of the Company and its directly and indirectly wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. The Company evaluates its relationships with other entities to identify whether they are a voting interest entity or variable interest entity (“VIE”). Voting interest entities are entities that generally (1) have sufficient equity to finance their activities and (2) provide the equity investors with power to make significant decisions relating to the entity’s operations. A voting interest entity is consolidated if the Company holds majority voting rights. The Company is considered to hold a controlling financial interest in a VIE when it is the primary beneficiary. A primary beneficiary has both (1) the power to direct the activities that most significantly impact the VIE’s economic performance, and (2) the obligation to absorb losses or receive benefits of a VIE that could potentially be significant to a VIE. The parties that make investment and investment decisions, or parties that can unilaterally remove those decision makers are deemed to have the power to direct the activities of a VIE. The Company considers all of its economic interests in the VIE when determining whether it has the obligation to absorb losses or the right to receive benefits from the VIE. For details on the Company’s VIE investments refer to Note 2. Securities, “Variable Interest Entities.”
Business Combinations	Business Combinations Business combinations are accounted for by applying the acquisition method in accordance with Accounting Standards Codification (ASC) 805, Business Combinations. Under the acquisition method, identifiable assets acquired and liabilities assumed, and any non-controlling interest in the acquiree at the acquisition date are measured at their fair values as of that date, and are recognized separately from any resulting goodwill. Results of operations of the acquired entities are included in the consolidated statements of income and comprehensive income from the date of acquisition. Any subsequent measurement-period adjustments are recorded within 12 months of the acquisition date.
Business Segments	Business SegmentsOperating segments are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. Management has determined that the Company has two reportable operating segments: Banking and Fintech, as discussed more fully in Note 16. Segments.
Use of Estimates	Use of EstimatesIn preparing financial statements in conformity with GAAP, management is required to make estimates and assumptions that affect reported amounts of assets and liabilities as of the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for credit losses on loans and leases, valuations of loans at fair value and servicing assets.
Cash and Cash Equivalents	Cash and Cash Equivalents For the purpose of presentation in the consolidated statements of cash flows, cash and cash equivalents are defined as those amounts included in the balance sheet caption “cash and due from banks” and “federal funds sold.” Cash and cash equivalents have an initial maturity of three months or less. To comply with banking regulations, the Company is required to maintain certain average cash reserve balances. The daily average cash reserve requirement was suspended for the years ended December 31, 2022 and 2021. Certificates of Deposit with other Banks Certificates of deposit with other banks have maturities ranging from September 2023 through December 2023 and bear interest at rates ranging from 0.20% to 3.55%. All investments in certificates of deposit are with FDIC insured financial institutions and none exceed the maximum insurable amount of $250 thousand.
Investments	Investments Debt Securities Debt securities that management has the positive intent and ability to hold to maturity are classified as held-to-maturity and recorded at amortized cost. Securities that may be sold prior to maturity are classified as available-for-sale and recorded at fair value. Unrealized gains and losses for available-for-sale investment securities, other than certain credit-related impairment losses, are excluded from earnings and reported in other comprehensive income. The Company’s entire portfolio of debt securities is classified as available-for-sale for the periods presented. Purchase premiums and discounts on debt securities are recognized in interest income using the interest method over the terms of the securities. Gains and losses on the sales of these securities are typically recorded on the trade date and are determined using the specific identification method. When debt securities are in an unrealized loss position, the Company first assesses whether it intends to sell, or it is more likely than not that it will be required to sell, the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. Debt securities that do not meet the aforementioned criteria are evaluated to determine whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected from the security is less than the amortized cost basis, a credit loss exists and an allowance for credit losses (“ACL”) is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an ACL is recognized in other comprehensive income. Changes in the ACL are recorded as provision for, or reversal of, credit loss expense. Losses are charged against the allowance when management believes the uncollectibility of an available-for-sale security is confirmed or when either of the criteria regarding intent or requirement to sell is met. Management has made the accounting policy election to exclude accrued interest receivable on available-for-sale debt securities from the estimate of credit losses. Securities are charged-off against the allowance or, in the absence of any allowance, written down through income when deemed uncollectible by management or when either of the aforementioned criteria regarding intent or requirement to sell is met. Equity Investments Equity investments are generally non-marketable investments and are included in the other assets line in the consolidated balance sheets. Earnings impacts are reflected in the equity method investments income (loss) and equity security investments gains (losses), net line items on the consolidated statements of income . The Company generally accounts for equity investments either under the equity method or equity security accounting. Investments through which there is significant influence but not control over the investee are accounted for under the equity method. The determination of whether the Company has significant influence over an investee requires judgement based on the facts and circumstances of each investment including level of ownership, power to control and legal structure. Significant influence is generally presumed to exist in privately held companies where the Company owns at least 20%, or 5% for limited partnerships or limited liability companies in certain circumstances, or circumstances where there is ability to exercise significant influence over the investee’s operating and financial policies through board involvement or other influence. Under the equity method, the Company recognizes its proportionate share of the results of operations of the investee based on most current information available. In instances where cash distributions vary at different points and/or are not directly linked to the Company’s ownership percentage, the investee’s net income or loss is allocated using the hypothetical liquidation at book value (“HLBV”) method. Investments through which the Company is not able to exercise significant influence over the investee are accounted for as equity securities whereby investments are measured at fair value with changes in fair value recognized in net income, unless those investments have no readily determinable fair value. Investments without a readily determinable fair value are measured at cost minus impairment, if any, plus or minus changes in value resulting from observable price changes arising from orderly transactions . Management considers a range of factors when adjusting the fair value of these investments, including, but not limited to, the term and nature of the investment, market conditions, values for comparable securities, current and projected operating performance, exit strategies, financing transactions subsequent to the acquisition of the investment and a discount for certain investments that have lock-up restrictions or other features that indicate a discount to fair value is warranted. For equity securities not accounted for at fair value, any impairment is recognized with the full charge recorded in earnings. To determine whether such equity security is impaired, the Company considers various indicators of impairment, including (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. Federal Home Loan Bank Stock
Loans Held for Sale	Held for Sale Management designates loans as held for sale based on its intent to sell loans, or portions of loans, in established secondary markets or to participant banks and credit unions. Salability requirements of government guaranteed portions include, but are not limited to, full disbursement of the loan commitment amount. Loans held for sale are carried at either fair value, if the fair value option is elected, or the lower of cost or estimated fair value determined on a loan-by-loan basis. Net unrealized losses, if any, on loans without a fair value election, are recognized through a valuation allowance and recorded as a charge to noninterest income. The cost basis of loans held for sale includes unamortized loan origination fees and costs. The pro-rata portion, based on the percent of the total loan sold, of the remaining deferred fees and costs are recognized as an adjustment to the gain on sale.
Transfer of Loans	Transfers of loans, or portions of loans that meet the definition of a participating interest are accounted for as sales on the transaction settlement date when control has been surrendered. Control is deemed surrendered when the loans have been (1) legally isolated from the Company, (2) the transferee obtains the right to pledge or transfer the loans free of conditions that constrain it from using that right, and (3) the Company does not maintain effective control over the loans through a repurchase agreement or other means. If the transfer is accounted for as a sale, the loans are derecognized from the Company’s consolidated balance sheet and a gain or loss is recognized in net gains on sales of loans line item on the consolidated statements of income. The gain on sale recognized in income is the sum of the premium on the guaranteed loan and the fair value of the servicing assets recognized, less the discount recorded on the unguaranteed portion of the loan retained, and any fair value fluctuations in associated exchange-traded interest rate futures contracts. If the transfer does not satisfy the aforementioned control criteria, the transaction is recorded as a secured borrowing with the transferred loans remaining on the Company’s consolidated balance sheet and proceeds recognized as a liability. In accordance with SBA and USDA regulation, the Bank is required to retain 10% and 7.5% of the principal balance of any SBA 7(a) or USDA loan, respectively, comprised of unguaranteed dollars. With written consent from the SBA, the Bank may sell down to a 5% exposure comprised of unguaranteed dollars. The Company occasionally transfers loans between the held for sale and held for investment classifications based on its intent and ability to hold or sell loans. Management’s intent to sell may be impacted by secondary market conditions, loan credit quality, or other factors.
Held for Investment	Held for Investment Loans and leases receivable that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off are classified as held for investment and generally reported at their outstanding principal amount, net of unearned income unless the fair value option has been elected. For such loans not carried at fair value, loan origination fees and direct origination costs are deferred and recognized as an adjustment of the loan yield using the interest method. Discounts and premiums on any purchased loans are amortized to income using the interest method over the remaining period to contractual maturity, adjusted for anticipated prepayments. Interest income on loans and leases is recognized as earned on a daily accrual basis at the applicable interest rate. Loans and leases designated as held for investment include those identified as more beneficial to hold for the long term as well as the required retention amount defined by the SBA and USDA. Loans and leases held for investment also consist of certain guaranteed and unguaranteed credits including those designated as troubled debt restructurings, nonaccrual, non-marketable, and risk grade 5 or worse as defined by internal risk rating metrics. Nonaccrual and Past Due Loans Past due status of loans and leases is determined based on contractual terms. Loans and leases are placed in nonaccrual status and the accrual of interest is discontinued if they become 90 days delinquent or there is evidence that the borrower’s ability to make the required payments is not probable. When interest accrual is discontinued, all unpaid accrued interest is reversed against current interest income. Loans and leases, or portions thereof, are charged off when deemed uncollectible. Troubled Debt Restructurings A loan or lease is accounted for as a troubled debt restructuring (“TDR”) if the Company, for reasons related to the borrower’s financial difficulties, restructures a loan or lease, and grants a concession to the borrower that it would not otherwise grant. A TDR typically involves a more than short-term modification of terms such as a reduction of the interest rate below the current market rate for a loan or lease with similar risk characteristics or the waiving of certain financial covenants without corresponding offsetting compensation or additional support.
Allowance for Credit Losses	Al lowance for Credit Losses The Company adopted ASC 326, Measurement of Credit Losses on Financial Instruments (“ASC 326”) on January 1, 2020. Upon adoption, the Company recorded a net increase to retained earnings of $822 thousand, comprised of a $1.3 million decrease in the allowance for credit losses combined with a $499 thousand increase in reserve on unfunded commitments. The ACL is a valuation account that is deducted from the amortized cost basis of loans and leases to present a net amount expected to be collected. The ACL is not applicable to loans held for sale and loans accounted for under the fair value option. Loans and leases are charged-off against the ACL when management believes the uncollectibility of a loan or lease balance is confirmed. Expected recoveries do not exceed the aggregate of amounts previously charged-off and expected to be charged-off. The Company’s ACL on loans and leases is estimated using relevant information, from internal and external sources, relating to past events, current conditions, and reasonable and supportable forecasts. As a result, the impact of loss mitigation strategies, such as loan modifications and restructurings, are captured in the estimates of loss given default and probability of default. The Company’s historical credit loss experience provides the basis for the estimation of expected credit losses. The ACL is measured on a pooled basis using a quantitative modeling process when similar risk characteristics are present in the portfolio. The Company has identified pools based on industry, which aggregates into divisions, and whether the receivable is secured by real estate or another form of collateral. Additional information related to the portfolio segments can be found in Note 3. Loans and Leases Held for Investment and Credit Quality. Expected credit losses for pooled loans and leases are estimated using a DCF methodology for each loan which incorporates measurements of PD, LGD, prepayments, the estimated outstanding EAD, and the EIR. PD rates are calculated using the number of defaults divided by the number of loans available to default for 1-year observation periods over the lifetime of data available for a certain pool. LGD rates are calculated by dividing the lifetime net charge-offs for each pool by the pool’s average outstanding balance. PD and LGD rates are adjusted for forecasted national unemployment rates during a reasonable and supportable forecast period. Management has determined that four quarters represents a reasonable and supportable forecast period and adjusted loss rates revert back to a historical loss rate over four quarters on a straight-line basis. Expected losses are calculated as the product of PD, LGD, and EAD. Expected losses are discounted using the loan or lease EIR, adjusted for prepayments. Management adjusts historical loss information for differences in current risk characteristics that are not considered within the quantitative modeling processes but are relevant in assessing the expected credit losses within the loan and lease pools. These qualitative factor adjustments generally increase management’s estimate of expected credit losses based upon the estimated level of risk. The various risk factors considered in qualitative adjustments include risk grading, delinquency levels, pool age, portfolio mix and growth rates, and the status of servicing efforts which may be impacted by natural disasters or health pandemics. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. Loans or leases that do not share risk characteristics are evaluated on an individual basis and are excluded from the pooled evaluation. This generally occurs when, based on current information and events, it is probable that the Company will be unable to collect all interest and principal payments due according to the originally contracted, or reasonably modified, terms of the loan or lease agreement. The Company has determined that loans and leases meeting the criteria defined below must be reviewed quarterly to determine if they should be evaluated for expected credit losses on an individual basis. • All commercial loans and leases classified substandard or worse. • Any loan or lease that is on nonaccrual, or any loan or lease that is delinquent greater than 90 days past due and still accruing interest. • Any loan or lease that was restructured with an interest rate concession and now meets the definition of a TDR. The Company estimates reserves on individually evaluated loans and leases using a DCF methodology or through the evaluation of collateral values. During the quarter ended September 30, 2021, management updated the Company’s policy for estimating expected credit losses on certain relationships that would otherwise meet the criteria for individual evaluation. Relationships with unguaranteed exposure of less than $250 thousand are now collectively evaluated using an average of loss rates applied to individually evaluated relationships with unguaranteed exposure between $250 thousand and $1.0 million. The impact of this change on the ACL was not considered material. Expected credit losses are estimated over the contractual term of the loan or lease, adjusted for expected prepayments when appropriate. The contractual term excludes expected extensions, renewals, and modifications unless management has a reasonable expectation at the reporting date that a TDR will be executed with an individual borrower or the extension or renewal options are included in the contract at the reporting date and are not unconditionally cancellable by the Company. When the ACL, for pooled or individually evaluated loans and leases, is estimated using the DCF method, the effective interest rate used to discount expected cash flows is adjusted for expected prepayments. When management determines that foreclosure is probable or when the borrower is experiencing financial difficulty at the reporting date and repayment is expected to be provided substantially through the operation or sale of the collateral, expected credit losses are based on the fair value of the collateral at the reporting date, adjusted for selling costs as appropriate. Allowance for Off-Balance Sheet Credit Exposures
Equipment Leasing	Equipment Leasing The Company purchases new equipment for the purpose of leasing such equipment to customers within its verticals. Equipment purchased to fulfill commitments to commercial renewable energy projects is leased out under operating leases while leases of equipment outside of the renewable energy vertical are generally direct financing leases. Accordingly, leased assets under operating leases are included in premises and equipment while leased assets under direct financing leases are included in loans and leases held for investment in the consolidated balance sheets. Direct Financing Leases Interest income on direct financing leases is recognized when earned. Unearned interest is recognized over the lease term on a basis which results in a constant rate of return on the unrecovered lease investment. The term of each lease is generally 3-7 years which is consistent with the useful life of the equipment with no residual value. The Company records expected credit losses on direct finance leases within the ACL. Operating Leases The term of each operating lease is generally 10 to 15 years. The Company retains ownership of the equipment and associated tax benefits such as investment tax credits and accelerated depreciation. At the end of the lease term, the lessee has the option to renew the lease for two additional terms or purchase the equipment at current fair market value. Rental revenue from operating leases is recognized on a straight-line basis over the term of the lease. Rental equipment is recorded at cost and depreciated to an estimated residual value on a straight-line basis over the estimated useful life. The useful lives generally range from 20 to 25 years and residual values generally range from 20% to 50%, however, they are subject to periodic evaluation. Changes in useful lives or residual values will impact depreciation expense and any gain or loss from the sale of used equipment. The estimated useful lives and residual values of the Company's leasing equipment are based on industry disposal experience and the Company's expectations for future sale prices. If the Company decides to sell or otherwise dispose of rental equipment, it is carried at the lower of cost or fair value less costs to sell or dispose. Repair and maintenance costs that do not extend the lives of the rental equipment are charged to direct operating expenses at the time the costs are incurred.
Premises and Equipment	Premises and Equipment All premises and equipment, excluding land, are carried at cost, less accumulated depreciation. Land is carried at cost. Additions and major replacements or improvements which extend useful lives of property or equipment are capitalized. Maintenance, repairs, and minor improvements are expensed as incurred. Upon retirement or other disposition of the assets, the cost and related depreciation are derecognized and any resulting gain or loss is reflected in income. Leasehold improvements are amortized over the terms of the respective leases or the estimated useful lives of the improvements, whichever is shorter. Depreciation is computed by the straight-line method over the following generally estimated useful lives: Years Buildings 39 Transportation 5-10 Land improvements 10-15 Furniture and equipment 5-10 Hardware and software 3-5 Solar panels 20-25
Foreclosed Assets	Foreclosed Assets Real estate properties acquired through, or in lieu of, loan foreclosure are to be sold and are initially recorded at fair value less anticipated cost to sell at the date of foreclosure, establishing a new cost basis. Any write down at the time of transfer to foreclosed assets is charged to the allowance for credit losses on loans and leases. After foreclosure, valuations are periodically performed by management, and the real estate is carried at the lower of the carrying amount or fair value, less cost to sell. Subsequent write downs are charged to other expense. Costs relating to improvement of the property are capitalized while holding costs of the property are charged to other loan origination and maintenance expense in the period incurred.
Servicing Assets	Servicing Assets All sales of loans are executed on a servicing retained basis. The standard SBA loan sale agreement is structured to provide the Company with a “servicing spread” paid from a portion of the interest cash flow of the loan. SBA regulations require the Bank to retain a portion of the cash flow from the interest payments received for a sold loan. The SBA retention requirement is at least 100 basis points in servicing spread while the Company's standard USDA loan sale agreement specifies a servicing spread of 40 basis points. The portion of the servicing spread that exceeds adequate compensation for the servicing function is recognized as a servicing asset, while any that is less is considered a servicing liability. Industry practice recognizes adequate compensation for servicing SBA and USDA loans as 40 basis points. The fair value of the servicing asset is measured at the discounted present value of the excess servicing spread over the expected life of the related loan using appropriate discount rates and assumptions based on industry statistics for prepayment speeds. Servicing assets are recognized as separate assets when rights are acquired through purchase or through sale of financial assets and are carried at fair value. Generally, purchased servicing rights are capitalized at the cost to acquire the rights. For sales of loans, a portion of the cost of originating the loan is allocated to the servicing right based on fair value. Fair value is based on market prices for comparable servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as adequate compensation for servicing, the discount rate, the custodial earnings rate, an inflation rate, ancillary income, prepayment speeds and default rates and losses, with the prepayment speed being one of the most sensitive assumptions. Capitalized servicing rights are carried at fair value as of the reporting date. Changes to fair value are reported in loan servicing asset revaluation in the consolidated statements of income. Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal or a fixed amount per loan and are recorded as income when earned.
Derivatives Financial Instruments	Derivative Financial Instruments Interest Rate Futures Contracts The Company may use exchange-traded interest rate futures contracts to manage interest rate risk that may impact expected gains arising from future secondary market loan sales. All derivative contracts were closed out in December 2020 and there was no further activity in subsequent periods. The Company had not designated any derivative as a hedging instrument under applicable accounting guidance. Changes in fair value of the derivative contracts is recorded as a component of net gains on sales of loans Equity Warrant Assets In connection with negotiated credit facilities and certain other services, the Company may obtain equity warrant assets giving the Company the right to acquire stock in private companies in certain verticals. These assets are held for prospective investment gains and are not used to hedge any economic risks. Further, the Company does not use other derivative instruments to hedge economic risks stemming from equity warrant assets. Equity warrant assets in certain private client companies are recorded as derivatives when they contain net settlement terms and other qualifying criteria. Equity warrant assets entitle the Company to purchase a specific number of shares of stock at a specific price within a specific time period, generally 10 years. Certain equity warrant assets contain contingent provisions, which adjust the underlying number of shares or purchase price upon the occurrence of certain future events to prevent dilution of the Company’s implied ownership represented by the warrants. Certain warrant agreements contain net share settlement provisions, which permit the receipt of, upon exercise, a share count equal to the intrinsic value of the warrant divided by the share price (otherwise known as a “cashless” exercise). These equity warrant assets are recorded at fair value and are classified as derivative assets, a component of other assets, on the consolidated balance sheets at the time they are obtained. The grant date fair values of equity warrant assets classified as derivatives received in connection with the issuance of a credit facility are deemed to be loan fees and recognized as an adjustment of loan yield through loan interest income. Similar to other loan fees, the yield adjustment related to grant date fair value of warrants is recognized over the life of that credit facility. Any changes in fair value from the grant date fair value of equity warrant assets classified as derivatives are recognized as increases or decreases to other assets on the consolidated balance sheets and as net gains or losses on derivative instruments, in other noninterest income, a component of consolidated net income. When a portfolio company is acquired, the Company may exercise these equity warrant assets for shares or cash. The fair value of equity warrant assets classified as derivatives is reviewed and updated quarterly using a Black-Scholes option pricing model. For those equity warrant assets that do not contain net share settlement provisions, the Company considers these to be equity investments without readily determinable market values and records the asset at cost, subject to periodic impairment testing.
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill is the purchase premium after adjusting for the fair value of net assets acquired. Goodwill is not amortized but is reviewed for potential impairment on an annual basis, or when events or circumstances indicate a potential impairment, at the related reporting unit level. The goodwill impairment test involves comparing the fair value of the reporting unit with its carrying value, including goodwill. If the fair value of the reporting unit exceeds its carrying value, goodwill of the reporting unit is considered not impaired; however, if the carrying value of the reporting unit exceeds its fair value, an impairment charge must be recorded. An impairment loss recognized cannot exceed the amount of goodwill assigned to a reporting unit. An impairment loss establishes a new basis in the goodwill and subsequent reversals of goodwill impairment losses are not permitted under applicable accounting guidance.
Long-Lived Assets Impairment Evaluation	Long-Lived Assets Impairment EvaluationThe Company evaluates the carrying value of long-lived assets for impairment whenever events or circumstances have occurred that would indicate the carrying amount may not be fully recoverable. A key element in determining the recoverability of long-lived assets is the Company’s outlook as to the future market conditions. If the carrying amount is not fully recoverable, an impairment loss is recognized to reduce the carrying amount to fair value.
Common Stock	Common Stock On June 11, 2014, the Company amended its Articles of Incorporation to create two classes of common stock. These two classes are identified as Class A and Class B or Voting Common Stock and Non-Voting Common Stock, respectively, in the accompanying consolidated balance sheets and statements of changes in shareholders’ equity. Voting and Non-Voting Common Stock holders have identical rights and privileges, with the exception that Non-Voting Common shares have no voting power except in limited circumstances. Stock splits or dividends of Voting and Non-Voting Common Shares shall be in like stock (voting for voting and non-voting for non-voting). Any number of Non-Voting Common Stock may be converted to an equal number of Voting Common Stock at the option of the holder; provided that holder is not the initial transferee or an affiliate of initial transferee and other conditions are met.
Advertising Expense	Advertising Expense Marketing costs are recognized in the month the event or advertisement takes place. These costs are included in advertising and marketing expense as presented in the consolidated statements of income.
Income Taxes	Income Taxes Income tax expense is the total of the current year income tax due or refundable and the change in deferred tax assets and liabilities (excluding deferred tax assets and liabilities related to business combinations or components of other comprehensive income). Deferred tax assets and liabilities are the expected future tax amounts for the temporary differences between carrying amounts and tax bases of assets and liabilities, computed using enacted tax rates. The effect of a change in tax rates on deferred assets and liabilities is recognized in income taxes during the period that includes the enactment date. A valuation allowance, if needed, reduces deferred tax assets to the expected amount more likely than not to be realized. Realization of deferred tax assets is dependent upon the level of historical income, prudent and feasible tax planning strategies, reversals of deferred tax liabilities and estimates of future taxable income. The Company uses the flow-through method of accounting for its solar investment tax credit investments, none of which qualify for proportional amortization. Under the flow-through method, investment tax credits are recognized as a reduction to income tax expense immediately in the period that the credit is generated, to the extent permitted by tax law. In accounting for any temporary difference that arise, the Company has elected the income statement method whereby deferred taxes are adjusted through income tax expense.
Comprehensive Income	Comprehensive Income Annual comprehensive income reflects the change in the Company’s equity during the year arising from transactions and events other than investment by and distributions to shareholders. The only components of other comprehensive income consist of realized and unrealized gains and losses related to investment securities available-for-sale.
Stock Compensation Plans	Stock Compensation Plans The Company recognizes compensation cost based on the fair value of the equity or liability instruments issued. The expense measures the cost of employee services received in exchange for stock options and restricted stock based on the grant-date fair value of the award and recognizes the cost over the vesting period for all awards within an individual grant, including ones with graded vesting features. The fair value of the restricted stock awards or units with a market price condition and implied service period are calculated using the Monte Carlo Simulation method. The impact of forfeitures on stock-based compensation expense is recognized as forfeitures occur. See Note 12. Benefit Plans for further discussion and detail.
Fair Value of Financial Instruments	Fair Value of Financial Instruments GAAP defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The Company determines the fair values of its financial instruments based on the fair value hierarchy established per GAAP which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. See Note 10. Fair Value of Financial Instruments for further discussion and detail.
Earnings Per Share	Earnings Per Share Basic and diluted earnings per share are computed based on the weighted average number of shares outstanding during each period. Diluted earnings per share reflects the potential dilution that could occur, upon the exercise of stock options or upon the vesting of restricted stock grants, any of which would result in the issuance of common stock that would then share in the net income of the Company.
Revenue Recognition	Revenue Recognition The Company offers various services to customers that generate revenue. The Company does not typically enter into long-term revenue contracts with customers, and therefore, does not experience significant contract balances. Incremental costs of obtaining a contract are expensed when incurred when the amortization period is one year or less. As of December 31, 2022, 2021 and 2020, remaining performance obligations consisted primarily of serviced based revenues for contracts with an original expected length of two years or less. Service based revenues are included in other noninterest income and consist of other recurring revenue streams from services provided by the Bank for advisory and successful transactions, GLS to its clients for settlement, accounting and valuation for government guaranteed loan sales and holdings, fund investment advisory services performed by Canapi Advisors, and investment management and financial planning services provided by Live Oak Private Wealth. Service Based Revenues In addition to lending and related activities, the Bank’s specialized industry teams also provide advisory services to certain Government Contracting clients. Performance obligations are satisfied over the contract period and revenue is recognized monthly. In 2021, the Company stopped offering advisory services to new Government Contracting clients. GLS provides services when requested by clients. Each requested service represents a specific performance obligation with a transaction price outlined by GLS' fee schedule. Revenue is recognized as the requested services are completed and payment is generally received the following month. Canapi Advisors provides investment advisory services to four financial technology venture funds where its performance obligations are satisfied over time. Fund management fees are based upon the contractual terms of the limited partnership agreements and are recognized as earned over the specified contract period, which is generally equal to the life of the individual fund. Fund management fees are calculated as a percentage of committed capital, net of any permitted offsets, and are collected in advance and recognized quarterly.
Reclassifications	Reclassifications Certain reclassifications have been made to the prior period’s consolidated financial statements to place them on a comparable basis with the current year. Net income and shareholders’ equity previously reported were not affected by these reclassifications . Loan and Lease Classes During the fourth quarter of 2022, management made changes to loan and lease classes to align the presentation in the credit quality disclosures in Note 3. Loans and Leases Held for Investment and Credit Quality with the Company’s method for monitoring and assessing credit risk. As a result, loans and leases to customers that operate renewable energy projects, lodging facilities, and municipalities were reclassified from the Specialty Lending class into the Energy & Infrastructure class.
Recent Accounting Pronouncements	Recent Accounting Pronouncements The following is a summary of recent authoritative pronouncements that could impact the accounting, reporting, and/or disclosure of financial information by the Company. In March 2020, the FASB issued Accounting Standards Update (“ASU”) No. 2020-04 “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting” (“ASU 2020-04”). ASU 2020-04 provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. With the amendments, the ASU can be adopted by the Company as of March 12, 2020 through December 31, 2024. In December 2022, ASU 2022-06 “Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848” was issued deferring the sunset date of Topic 848. The Company does not believe these standards will have a material impact on its consolidated financial statements. To address the discontinuance of LIBOR, the Company has stopped originating variable LIBOR-based loans effective December 31, 2021 and has started to negotiate loans using the preferred replacement index, the Secured Overnight Financing Rate (“SOFR”) or a relevant duration U.S. Treasury rate. For currently outstanding LIBOR-based loans, the timing and manner in which each customer’s contract transitions from LIBOR to another rate will vary on a case-by-case basis. The Company expects to complete all transitions by the second quarter of 2023 or at the next repricing date if later in 2023. In March 2022, the FASB issued ASU No. 2022-02 “Financial Instruments – Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures” (“ASU 2022-02”). ASU 2022-02 eliminates the accounting guidance for TDRs by creditors in ASC 310-40, Receivables – Troubled Debt Restructurings by Creditors , while enhancing disclosure requirements for certain loan refinancings and restructurings when a borrower is experiencing financial difficulty. Additionally, for public business entities, ASU 2022-02 requires that an entity disclose current-period gross write-offs by year of origination for financing receivables and net investments in leases within the scope of ASC 326-20, Financial Instruments – Credit Losses – Measured at Amortized Cost . The amendments in this standard will be effective for the Company on January 1, 2023. The Company does not believe this standard will have a material impact on its consolidated financial statements. In June 2022, the FASB issued ASU No. 2022-03 “Fair Value Measurement (Topic 820) Fair Value Measurement of Equity Securities Subject to Contractual Restrictions” (“ASU 2022-03”). ASU 2022-03 indicates a contractual sale restriction on equity securities should not be considered in measuring fair value, however, disclosure should be made about such restrictions. The amendments in this standard will be effective for the Company on January 1, 2024. The Company does not believe this standard will have a material impact on its consolidated financial statements.
Variable Interest Entities	Variable Interest Entities Variable interests are defined as contractual ownership or other interests in an entity that change with fluctuations in the fair value of an entity's net asset value. The primary beneficiary consolidates the VIE. The primary beneficiary is defined as the enterprise that has both the power to direct the activities of the VIE that most significantly impact the entity's economic performance and the obligation to absorb losses or the right to receive benefits that could be significant to the VIE. Solar Renewable Energy Tax Credit Investments The Company has limited interest in several limited liability companies that own and operate solar renewable energy projects which are accounted for as equity method investments. Over the course of the investments, the Company will receive federal and state tax credits, tax-related benefits, and excess cash available for distribution, if any. The Company may be called to sell its interest in the limited partnerships through a call option once all investment tax credits have been recognized. Canapi Funds The Company’s limited partnership investments in the Canapi Funds focus on providing venture capital to new and emerging financial technology companies. After initial commitment and over the course of the investment period, the Company will make capital contributions and receive profit and return of capital distributions as a result of fund performance until the funds wind down. These fund investments are accounted for under the equity method due to the Company’s participation as an investment advisor. Non-marketable and Other Equity Investments The Company also has a limited interest in several non-marketable funds, including Small Business Investment Company (“SBIC”) and venture capital funds, which are accounted for as equity security investments. After initial commitment and over the course of the investment period, the Company will make capital contributions and receive profit and return of capital distributions as a result of fund performance until the funds wind down. While the partnership agreements allow the Company to remove the general partner, this right is not deemed to be substantive as the general partner can only be removed for cause. All investments are generally non-redeemable and distributions are expected to be received through the liquidation of the underlying investments throughout the life of the investment fund. Investments may only be sold or transferred subject to the notice and approval provisions of the underlying investment agreement. Additionally, the Company has a limited interest in two limited liability companies that invest in the acquisition, rehabilitation, or new construction of local qualified housing projects which are accounted for as equity method investments. The above investments meet the criteria of a VIE, however, the Company is not the primary beneficiary of the entities, as it does not have the power to direct the activities that most significantly impact the economic performance of the entities. The Company’s investment in the unconsolidated VIEs are carried in other assets on the consolidated balance sheets and the Company’s unfunded capital and other commitments related to the unconsolidated VIEs are carried in other liabilities on the consolidated balance sheets. The Company’s maximum exposure to loss from unconsolidated VIEs includes the investment recorded on the Company’s consolidated balance sheets, net of any impairment recognized, and previously recorded tax credits which remain subject to recapture by taxing authorities based on compliance features required to be met at the project level. While the Company believes the potential for losses from this investment is remote, the maximum exposure was determined by assuming a scenario where related tax credits were recaptured.

Organization and Summary of S_3

Organization and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Loans Receivable Held-for-sale	The following summarizes the activity pertaining to loans held for sale for the years ended December 31, 2022 and 2021: 2022 2021 Balance at beginning of year $ 1,116,519 $ 1,175,470 Originations 1,042,061 1,364,168 Proceeds from sale (1,067,758) (1,092,222) Gain on sale of loans 43,244 67,280 Principal collections, net of deferred fees and costs (116,886) (98,354) Non-cash transfers, net (462,570) (299,823) Balance at end of period $ 554,610 $ 1,116,519
Schedule of Property, Plant and Equipment	Depreciation is computed by the straight-line method over the following generally estimated useful lives: Years Buildings 39 Transportation 5-10 Land improvements 10-15 Furniture and equipment 5-10 Hardware and software 3-5 Solar panels 20-25 Components of premises and equipment and total accumulated depreciation at December 31, 2022 and 2021 are as follows: 2022 2021 Buildings $ 54,746 $ 54,746 Land improvements 5,180 5,180 Furniture and equipment 19,117 18,683 Hardware and software 10,264 8,399 Leasehold improvements 7,705 8,106 Land 15,982 8,650 Transportation 49,766 49,766 Solar panels 163,391 163,391 Deposits on fixed assets 33,966 712 Premises and equipment, total 360,117 317,633 Less accumulated depreciation (96,827) (77,437) Premises and equipment, net of depreciation $ 263,290 $ 240,196
Schedule of Basic and Diluted Earnings Per Share	December 31, 2022 2021 2020 Basic earnings per share: Net income $ 176,208 $ 166,995 $ 59,543 Weighted-average basic shares outstanding 43,862,291 43,169,935 40,677,496 Basic earnings per share $ 4.02 $ 3.87 $ 1.46 Diluted earnings per share: Net income, for diluted earnings per share $ 176,208 $ 166,995 $ 59,543 Total weighted-average basic shares outstanding 43,862,291 43,169,935 40,677,496 Add effect of dilutive stock options and restricted stock grants 1,044,019 1,901,369 1,093,754 Total weighted-average diluted shares outstanding 44,906,310 45,071,304 41,771,250 Diluted earnings per share $ 3.92 $ 3.71 $ 1.43 Anti-dilutive stock options and restricted shares 1,413,738 37,401 2,179

Securities (Tables)

Securities (Tables)	12 Months Ended
	Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Summary of Carrying Amount and Fair Value of Securities	The carrying amount of securities and their approximate fair values are reflected in the following table: December 31, 2022 Amortized Unrealized Unrealized Fair US government agencies $ 16,080 $ — $ 412 $ 15,668 Mortgage-backed securities 1,116,387 270 121,083 995,574 Municipal bonds 3,223 — 246 2,977 Other debt securities 500 — — 500 Total $ 1,136,190 $ 270 $ 121,741 $ 1,014,719 December 31, 2021 US government agencies $ 10,444 $ 193 $ — $ 10,637 Mortgage-backed securities 887,302 14,246 12,209 889,339 Municipal bonds 3,246 333 3 3,576 Other debt securities 2,500 — — 2,500 Total $ 903,492 $ 14,772 $ 12,212 $ 906,052
Debt Securities Available-for-Sale in Unrealized Loss Position	The following tables show debt securities available-for-sale in an unrealized loss position for which an allowance for credit losses has not been recorded, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position. Less Than 12 Months 12 Months or More Total December 31, 2022 Fair Unrealized Fair Unrealized Fair Unrealized US government agencies $ 15,668 $ 412 $ — $ — $ 15,668 $ 412 Mortgage-backed securities 513,639 29,060 456,972 92,023 970,611 121,083 Municipal bonds 2,884 241 93 5 2,977 246 Total $ 532,191 $ 29,713 $ 457,065 $ 92,028 $ 989,256 $ 121,741 Less Than 12 Months 12 Months or More Total December 31, 2021 Fair Unrealized Fair Unrealized Fair Unrealized Mortgage-backed securities $ 479,322 $ 8,503 $ 110,633 $ 3,706 $ 589,955 $ 12,209 Municipal bonds — — 96 3 96 3 Total $ 479,322 $ 8,503 $ 110,729 $ 3,709 $ 590,051 $ 12,212
Summary of Investment Securities by Maturity	The following is a summary of investment securities by maturity: December 31, 2022 Available-for-sale Amortized Cost Fair Value US government agencies One to five years $ 12,948 $ 12,578 Five to ten years 3,132 3,090 Total 16,080 15,668 Mortgage-backed securities One to five years 113,726 108,045 Five to ten years 254,975 225,028 After 10 years 747,686 662,501 Total 1,116,387 995,574 Municipal bonds After 10 years 3,223 2,977 Total 3,223 2,977 Other debt securities Within one year 500 500 Total 500 500 Total $ 1,136,190 $ 1,014,719
Summary of Carrying and Ownership Percentage of Each Equity Method Investment	The carrying amount and ownership percentage of each equity method investment at December 31, 2022 and 2021 is reflected in the following table: 2022 2021 Amount Ownership % Amount Ownership % Apiture, Inc. $ 60,320 40.3 % $ 52,323 39.1 % Canapi Ventures SBIC Fund, LP (1) (5) 19,246 2.9 % 19,431 2.9 % Canapi Ventures Fund, LP (2) (5) 2,382 1.5 % 2,402 1.5 % Canapi Ventures Fund II, LP (3) (5) 7,412 1.6 % — N/A Canapi Ventures SBIC Fund II, LP (4) (5) 7,981 3.7 % — N/A Other fintech investments in private companies (6) 241 4.3 % 5,330 Various Other (7) 12,476 Various 4,664 Various Total $ 110,058 $ 84,150 (1) Includes unfunded commitments of $5.5 million and $6.8 million as of December 31, 2022 and 2021, respectively. (2) Includes unfunded commitments of $617 thousand and $770 thousand as of December 31, 2022 and 2021, respectively. (3) Includes unfunded commitments of $6.9 million as of December 31, 2022. There were no unfunded commitments as of December 31, 2021. (4) Includes unfunded commitments of $7.5 million as of December 31, 2022. There were no unfunded commitments as of December 31, 2021. (5) Investees are accounted for under equity method due to the Company's participation as an investment advisor. All Canapi Fund investments are unconsolidated VIEs. See Variable Interest Entities section below. (6) As of December 31, 2022, Other Fintech investments include Kwipped, Inc. On August 31, 2022, the Company sold its investment in Payrailz, LLC, resulting in a pre-tax gain of $28.4 million, and on April 1, 2022, the Company sold its investment in Finxact, Inc. resulting in a pre-tax gain of $120.8 million. As of December 31, 2021 Other Fintech investments include Finxact, Inc., Payrailz, LLC and Kwipped, Inc. Investees are accounted for under equity method due to the Company's ability to exercise significant influence through executive management's board involvement. (7) As of December 31, 2022, Other investments include solar income tax credit investments in Green Sun Tenant LLC (“Green Sun”), SVA 2021-2 TE Holdco LLC (“Sun Vest”), and EG5 CSPI Holding LLC (“HEP”), which the Company holds a 99.0% limited member interest in all investments. Also included within Other investments are Cape Fear Collective Impact Opportunity 1 LLC (“Cape Fear Collective 1”) and Cape Fear Collective Impact Opportunity 2 LLC (“Cape Fear Collective 2”), which the Company holds 99.0% and 32.3% limited member interests, respectively. As of December 31, 2022, an unfunded commitment of $2.6 million was recorded as a liability for HEP. As of December 31, 2021, Other investments included Green Sun and Cape Fear Collective 1, each with limited member interests of 99.0%. There were no unfunded commitments as of December 31, 2021. All Other investments are unconsolidated VIEs. See Variable Interest Entities section below.
Carrying Amount of Company Investments in Non Marketable Equity Securities with No Readily Determinable Fair Value and Amounts Recognized in Earnings on Cumulative Basis	The carrying amount of the Company’s investments in non-marketable equity securities with no readily determinable fair value and amounts recognized in earnings on a cumulative basis as of December 31, 2022 and for the years ended December 31, 2022, 2021 and 2020 is reflected in the following table: Cumulative Adjustments 2022 2021 2020 Carrying value (1) $ 76,438 $ 63,321 $ 31,146 Carrying value adjustments: Impairment $ — — — — Upward changes for observable prices (2) 50,492 2,022 30,197 14,558 Downward changes for observable prices (86) — — — Net upward change $ 50,406 $ 2,022 $ 30,197 $ 14,558 (1) Includes $3.0 million, $2.8 million and $522 thousand in unfunded commitments for the years ended December 31, 2022, 2021 and 2020, respectively. (2) Cumulative adjustments excludes $13.9 million in realized cash gains for the sale of an investment in the second quarter of 2021.
Schedule of Variable Interest Entities	The following table provides a summary of the VIEs that the Company has not consolidated as of December 31, 2022 and 2021: December 31, 2022 Carrying Amount Maximum Exposure to Loss Liability Recognized Classification Solar tax credit investments $ 5,221 $ 24,295 $ 2,641 Other assets & other liabilities (1) Canapi Funds 37,021 37,021 20,474 Other assets & other liabilities Non-marketable and other equity investments 15,764 15,764 3,033 Other assets & other liabilities December 31, 2021 Carrying Amount Maximum Exposure to Loss Liability Recognized Classification Solar tax credit investments $ 708 $ 4,100 $ — Other assets (2) Canapi Funds 21,833 21,833 7,608 Other assets & other liabilities Non-marketable and other equity investments 13,225 13,225 2,758 Other assets & other liabilities (1) Maximum exposure to loss represents $5.2 million of current investments and a scenario in which $24.3 million in related tax credits are recaptured. (2) Maximum exposure to loss represents $708 thousand of current investments and a scenario in which $4.1 million in related tax credits are recaptured.

Loans and Leases Held for Inv_2

Loans and Leases Held for Investment and Credit Quality (Tables)	12 Months Ended
	Dec. 31, 2022
Receivables [Abstract]
Age Analysis of Past Due Loans and Leases	The following tables show an age analysis of past due loans and leases as of the dates presented. December 31, 2022 Current 30-89 Days 90 Days or More Past Due Total Past Due Total Carried at Amortized Loans Accounted for Under the Fair Value Option (1) Total Loans and Leases Commercial & Industrial Small Business Banking $ 1,719,165 $ 21,589 $ 16,221 $ 37,810 $ 1,756,975 $ 182,348 $ 1,939,323 Specialty Lending 1,022,615 398 266 664 1,023,279 29,084 1,052,363 Energy & Infrastructure 420,447 — 3,082 3,082 423,529 50,094 473,623 Paycheck Protection Program 13,134 — — — 13,134 — 13,134 Total 3,175,361 21,987 19,569 41,556 3,216,917 261,526 3,478,443 Construction & Development Small Business Banking 471,243 1,500 — 1,500 472,743 — 472,743 Specialty Lending 104,069 — — — 104,069 — 104,069 Energy & Infrastructure 13,753 — — — 13,753 — 13,753 Total 589,065 1,500 — 1,500 590,565 — 590,565 Commercial Real Estate Small Business Banking 2,137,028 12,082 5,771 17,853 2,154,881 166,595 2,321,476 Specialty Lending 319,419 — — — 319,419 2,050 321,469 Energy & Infrastructure 136,706 — 3,072 3,072 139,778 22,123 161,901 Total 2,593,153 12,082 8,843 20,925 2,614,078 190,768 2,804,846 Commercial Land Small Business Banking 429,014 1,663 1,917 3,580 432,594 42,164 474,758 Total 429,014 1,663 1,917 3,580 432,594 42,164 474,758 Total $ 6,786,593 $ 37,232 $ 30,329 $ 67,561 $ 6,854,154 $ 494,458 $ 7,348,612 Net deferred fees $ (4,434) Loan and Leases, Net $ 7,344,178 Guaranteed Balance $ 2,657,770 $ 20,199 $ 26,026 $ 46,225 $ 2,703,995 $ 67,268 $ 2,771,263 % Guaranteed 39.2% 54.3% 85.8% 68.4% 39.5% 13.6% 37.7% December 31, 2021 Current 30-89 Days Past Due 90 Days or More Past Due Total Past Due Total Carried at Amortized Loans Accounted for Under the Fair Value Option (1) Total Loans and Leases Commercial & Industrial Small Business Banking $ 1,103,915 $ 13,171 $ 7,320 $ 20,491 $ 1,124,406 $ 248,806 $ 1,373,212 Specialty Lending 642,444 — — — 642,444 30,947 673,391 Energy & Infrastructure 232,923 — — — 232,923 33,578 266,501 Paycheck Protection Program 266,893 68 1,414 1,482 268,375 — 268,375 Total 2,246,175 13,239 8,734 21,973 2,268,148 313,331 2,581,479 Construction & Development Small Business Banking 275,786 — 1,366 1,366 277,152 — 277,152 Specialty Lending 40,805 — — — 40,805 — 40,805 Energy & Infrastructure 41,209 — — — 41,209 — 41,209 Total 357,800 — 1,366 1,366 359,166 — 359,166 Commercial Real Estate Small Business Banking 1,577,765 5,802 10,761 16,563 1,594,328 250,856 1,845,184 Specialty Lending 153,716 — — — 153,716 2,349 156,065 Energy & Infrastructure 131,657 — 2,315 2,315 133,972 17,132 151,104 Total 1,863,138 5,802 13,076 18,878 1,882,016 270,337 2,152,353 Commercial Land Small Business Banking 362,881 7,399 2,055 9,454 372,335 61,533 433,868 Total 362,881 7,399 2,055 9,454 372,335 61,533 433,868 Total $ 4,829,994 $ 26,440 $ 25,231 $ 51,671 $ 4,881,665 $ 645,201 $ 5,526,866 Net deferred fees $ (5,604) Loan and Leases, Net $ 5,521,262 Guaranteed Balance $ 2,037,509 $ 18,421 $ 16,440 $ 34,861 $ 2,072,370 $ 77,722 $ 2,150,092 % Guaranteed 42.2 % 69.7 % 65.2 % 67.5 % 42.5 % 12.0 % 38.9 % (1) Retained portions of government guaranteed loans sold prior to January 1, 2021 are carried at fair value under FASB ASC Subtopic 825-10, Financial Instruments: Overall. See Note 10. Fair Value of Financial Instruments for additional information.
Summary of Credit Quality Indicators by Portfolio Class	The following tables present credit quality indicators by portfolio class: Term Loans and Leases Amortized Cost Basis by Origination Year December 31, 2022 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans Total (1) Small Business Banking Risk Grades 1 - 4 $ 1,427,182 $ 1,400,726 $ 795,647 $ 426,401 $ 217,893 $ 204,933 $ 65,455 $ 1,738 $ 4,539,975 Risk Grade 5 15,942 17,745 40,202 45,712 26,124 27,212 13,210 204 186,351 Risk Grades 6 - 8 1,806 4,277 17,845 23,470 14,094 27,215 1,638 522 90,867 Total 1,444,930 1,422,748 853,694 495,583 258,111 259,360 80,303 2,464 4,817,193 Specialty Lending Risk Grades 1 - 4 635,079 355,785 144,545 25,849 6,574 788 153,062 31,504 1,353,186 Risk Grade 5 7,341 33,272 12,329 10,201 4,399 — 6,619 248 74,409 Risk Grades 6 - 8 — 11,433 416 5,577 166 — 1,343 237 19,172 Total 642,420 400,490 157,290 41,627 11,139 788 161,024 31,989 1,446,767 Energy & Infrastructure Risk Grades 1 - 4 199,338 176,855 39,600 51,190 23,374 19,694 12,751 351 523,153 Risk Grade 5 4,024 4,409 500 6,976 4,706 5,142 — — 25,757 Risk Grades 6 - 8 — 3,082 16,589 — 8,479 — — — 28,150 Total 203,362 184,346 56,689 58,166 36,559 24,836 12,751 351 577,060 Paycheck Protection Program Risk Grades 1 - 4 — 7,421 5,713 — — — — — 13,134 Total — 7,421 5,713 — — — — — 13,134 Total $ 2,290,712 $ 2,015,005 $ 1,073,386 $ 595,376 $ 305,809 $ 284,984 $ 254,078 $ 34,804 $ 6,854,154 Term Loans and Leases Amortized Cost Basis by Origination Year December 31, 2021 2021 2020 2019 2018 2017 Prior Revolving Loans Revolving Loans Total (1) Small Business Banking Risk Grades 1 - 4 $ 1,051,775 $ 853,250 $ 522,407 $ 285,397 $ 188,858 $ 116,645 $ 46,356 $ 1,771 $ 3,066,459 Risk Grade 5 7,838 19,651 65,715 60,615 37,661 13,933 5,066 195 210,674 Risk Grades 6 - 8 2,517 8,667 27,696 14,545 14,193 21,239 1,457 774 91,088 Total 1,062,130 881,568 615,818 360,557 240,712 151,817 52,879 2,740 3,368,221 Specialty Lending Risk Grades 1 - 4 467,751 168,067 43,598 10,413 1,145 — 126,845 1,816 819,635 Risk Grade 5 2,250 729 1,042 5,560 690 — 2,953 848 14,072 Risk Grades 6 - 8 — 17 3,166 — — — 75 — 3,258 Total 470,001 168,813 47,806 15,973 1,835 — 129,873 2,664 836,965 Energy & Infrastructure Risk Grades 1 - 4 177,100 70,343 30,380 32,040 37,558 — 7,044 — 354,465 Risk Grade 5 — 16,947 4,455 4,854 16,414 — — — 42,670 Risk Grades 6 - 8 — — — 8,654 — 2,315 — — 10,969 Total 177,100 87,290 34,835 45,548 53,972 2,315 7,044 — 408,104 Paycheck Protection Program Risk Grades 1 - 4 204,803 63,572 — — — — — — 268,375 Total 204,803 63,572 — — — — — — 268,375 Total $ 1,914,034 $ 1,201,243 $ 698,459 $ 422,078 $ 296,519 $ 154,132 $ 189,796 $ 5,404 $ 4,881,665 (1) Excludes $494.5 million and $645.2 million of loans accounted for under the fair value option as of December 31, 2022 and December 31, 2021, respectively. The following tables present guaranteed and unguaranteed loan and lease balances by asset quality indicator: December 31, 2022 Loan and Lease Balance (1) Guaranteed Balance Unguaranteed Balance % Guaranteed Risk Grades 1 - 4 $ 6,429,448 $ 2,508,229 $ 3,921,219 39.0 % Risk Grade 5 286,517 115,573 170,944 40.3 Risk Grades 6 - 8 138,189 80,193 57,996 58.0 Total $ 6,854,154 $ 2,703,995 $ 4,150,159 39.5 % December 31, 2021 Loan and Lease Balance (1) Guaranteed Balance Unguaranteed Balance % Guaranteed Risk Grades 1 - 4 $ 4,508,932 $ 1,875,152 $ 2,633,780 41.6 % Risk Grade 5 267,418 134,221 133,197 50.2 Risk Grades 6 - 8 105,315 62,997 42,318 59.8 Total $ 4,881,665 $ 2,072,370 $ 2,809,295 42.5 % (1) Excludes $494.5 million and $645.2 million of loans accounted for under the fair value option as of December 31, 2022 and 2021, respectively.
Nonaccrual Loans and Leases	Nonaccrual loans and leases as of December 31, 2022 and December 31, 2021 are as follows: December 31, 2022 Loan and Lease Balance (1) Guaranteed Balance Unguaranteed Balance Unguaranteed Exposure with No ACL Commercial & Industrial Small Business Banking $ 22,321 $ 19,302 $ 3,019 $ 407 Specialty Lending 3,647 384 3,263 — Energy & Infrastructure 3,082 2,794 288 288 Total 29,050 22,480 6,570 695 Commercial Real Estate Small Business Banking 34,520 23,830 10,690 3,611 Energy & Infrastructure 3,072 2,799 273 — Total 37,592 26,629 10,963 3,611 Commercial Land Small Business Banking 6,750 5,499 1,251 196 Total 6,750 5,499 1,251 196 Total $ 73,392 $ 54,608 $ 18,784 $ 4,502 December 31, 2021 Loan and Lease Balance (1) Guaranteed Balance Unguaranteed Balance Unguaranteed Exposure with No ACL Commercial & Industrial Small Business Banking $ 16,911 $ 13,981 $ 2,930 $ — Payroll Protection Program 1,482 1,482 — — Total 18,393 15,463 2,930 — Construction & Development Small Business Banking 3,884 1,201 2,683 — Total 3,884 1,201 2,683 — Commercial Real Estate Small Business Banking 12,410 5,226 7,184 5,169 Energy & Infrastructure 2,315 507 1,808 1,808 Total 14,725 5,733 8,992 6,977 Commercial Land Small Business Banking 5,531 4,148 1,383 — Total $ 5,531 $ 4,148 $ 1,383 $ — Total $ 42,533 $ 26,545 $ 15,988 $ 6,977 (1) Excludes nonaccrual loans accounted for under the fair value option. See Note 10. Fair Value of Financial Instruments for additional information.
Amortized Cost Basis of Collateral-Dependent Loans and Leases	The following tables present the amortized cost basis of collateral-dependent loans and leases which are individually evaluated to determine expected credit losses, as of December 31, 2022 and 2021: Total Collateral Dependent Loans Unguaranteed Portion December 31, 2022 Real Estate Business Assets Other Real Estate Business Assets Other Allowance for Credit Losses Commercial & Industrial Small Business Banking $ 2,730 $ — $ — $ 414 $ — $ — $ — Specialty Lending — 371 — — 371 — 291 Energy & Infrastructure 16,378 — — 13,583 — — — Total 19,108 371 — 13,997 371 — 291 Commercial Real Estate Small Business Banking 15,286 — — 6,440 — — 152 Total 15,286 — — 6,440 — — 152 Commercial Land Small Business Banking 1,743 — — 202 — — — Total 1,743 — — 202 — — — Total $ 36,137 $ 371 $ — $ 20,639 $ 371 $ — $ 443 Total Collateral Dependent Loans Unguaranteed Portion December 31, 2021 Real Estate Business Assets Other Real Estate Business Assets Other Allowance for Credit Losses Commercial & Industrial Small Business Banking $ 698 $ 7,475 $ — $ 152 $ 449 $ — $ 235 Total 698 7,475 — 152 449 — 235 Construction & Development Specialty Lending 3,858 — — 2,657 — — 57 Total 3,858 — — 2,657 — — 57 Commercial Real Estate Small Business Banking 5,172 700 64 4,038 14 13 65 Energy & Infrastructure 512 — — 6 — — — Total 5,684 700 64 4,044 14 13 65 Commercial Land Small Business Banking 5,541 — — 1,393 — — 601 Total 5,541 — — 1,393 — — 601 Total $ 15,781 $ 8,175 $ 64 $ 8,246 $ 463 $ 13 $ 958
Activity in the Allowance for Credit Losses by Portfolio Segment	The following tables detail activity in the allowance for credit losses for the periods presented: Commercial & Industrial Construction & Development Commercial Real Estate Commercial Land Total December 31, 2022 Beginning Balance $ 37,770 $ 3,435 $ 19,068 $ 3,311 $ 63,584 Charge offs (8,262) — (1,463) (652) (10,377) Recoveries 1,039 3 1,363 11 2,416 Provision 34,448 1,663 3,933 899 40,943 Ending Balance $ 64,995 $ 5,101 $ 22,901 $ 3,569 $ 96,566 December 31, 2021 Beginning Balance $ 26,941 $ 5,663 $ 18,148 $ 1,554 $ 52,306 Charge offs (2,912) (262) (2,731) (12) (5,917) Recoveries 172 — 1,813 — 1,985 Provision 13,569 (1,966) 1,838 1,769 15,210 Ending Balance $ 37,770 $ 3,435 $ 19,068 $ 3,311 $ 63,584 December 31, 2020 Beginning Balance, prior to adoption of ASC 326 $ 15,757 $ 2,732 $ 8,427 $ 1,318 $ 28,234 Impact of adopting ASC 326 (4,561) 1,131 1,916 193 (1,321) Charge offs (4,401) — (10,347) (644) (15,392) Recoveries 84 — 28 15 127 Provision 20,062 1,800 18,124 672 40,658 Ending Balance $ 26,941 $ 5,663 $ 18,148 $ 1,554 $ 52,306
Troubled Debt Restructurings on Financing Receivables	The following table represents the types of TDRs that were made during the periods presented: Twelve months ended December 31, 2022 Interest Only Payment Deferral Extend Amortization Other (1) Total TDRs (2) Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Commercial & Industrial Small Business Banking — $ — 7 $ 8,795 3 $ 1,442 1 $ 490 11 $ 10,727 Specialty Lending — — 1 4,183 — — — — 1 4,183 Energy & Infrastructure — — — — 1 13,517 1 13,517 Total — — 8 12,978 4 14,959 1 490 13 28,427 Commercial Real Estate Small Business Banking 1 3,677 1 797 1 4,364 — — 3 8,838 Total 1 3,677 1 797 1 4,364 — — 3 8,838 Construction & Development Small Business Banking — — — — — — 2 3,081 2 3,081 Total — — — — — — 2 3,081 2 3,081 Total 1 $ 3,677 9 $ 13,775 5 $ 19,323 3 $ 3,571 18 $ 40,346 (1) Includes one small business banking loan with extend amortization and a rate concession ($490 thousand) and two small business banking loans with extended amortization and interest only ($3.1 million). (2) Excludes loans accounted for under the fair value option. See Note 10. Fair Value of Financial Instruments for additional information. Twelve months ended December 31, 2021 Interest Only Payment Deferral Extend Amortization Other (1) Total TDRs (2) Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Commercial & Industrial Small Business Banking — $ — 3 $ 6,097 1 $ 496 — $ — 4 $ 6,593 Total — — 3 6,097 1 496 — — 4 6,593 Commercial Real Estate Small Business Banking — — 5 6,613 — — 1 3,124 6 9,737 Total — — 5 6,613 — — 1 3,124 6 9,737 Total — $ — 8 $ 12,710 1 $ 496 1 $ 3,124 10 $ 16,330 (1) Includes one small business banking loan with extended amortization and a rate concession TDR ($3.1 million). (2) Excludes loans accounted for under the fair value option. See Note 10. Fair Value of Financial Instruments for additional information. Twelve months ended December 31, 2020 Interest Only Payment Deferral Extend Amortization Other (1) Total TDRs (2) Number of Loans Recorded investment at period end Number of Recorded investment at period end Number of Loans Recorded investment at period end Number of Loans Recorded investment at period end Number of Loans Recorded Commercial & Industrial Small Business Banking — $ — 6 $ 1,895 — $ — 1 $ 170 7 $ 2,065 Specialty Lending — — — — 2 423 — — 2 423 Total — — 6 1,895 2 423 1 170 9 2,488 Construction & Development Small Business Banking — — — — 1 1,787 — — 1 1,787 Total — — — — 1 1,787 — — 1 1,787 Commercial Real Estate Small Business Banking — — 2 3,738 — — — — 2 3,738 Energy & Infrastructure — — 1 3,627 — — 2 12,219 3 15,846 Total — — 3 7,365 — — 2 12,219 5 19,584 Commercial Land Small Business Banking — — — — 1 4,865 — — 1 4,865 Total — — — — 1 4,865 — — 1 4,865 Total — $ — 9 $ 9,260 4 $ 7,075 3 $ 12,389 16 $ 28,724 (1) Includes one small business banking interest only and rate concession TDR ($170 thousand), and two energy & infrastructure interest only and rate concession TDRs ($12.2 million). (2) Excludes loans accounted for under the fair value option. See Note 10. Fair Value of Financial Instruments for additional information. Restructurings made to improve a loan’s performance have varying degrees of success. The following tables present TDRs that were modified within the twelve months ended December 31, 2022 that subsequently defaulted during the period: Twelve Months Ended December 31, 2022 Interest Only Payment Deferral Extend Amortization Other Total TDRs (1) Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Number of Recorded investment at period end Commercial & Industrial Small Business Banking — $ — 2 $ 940 2 $ 318 — $ — 4 $ 1,258 Total — $ — 2 $ 940 2 $ 318 — $ — 4 $ 1,258 (1) Excludes loans accounted for under the fair value option. See Note 10. Fair Value of Financial Instruments for additional information.

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Net Lease Investment	The gross lease payments receivable and the net investment included in accounts receivable for such leases are as follows: As of December 31, 2022 2021 Gross direct finance lease payments receivable $ 4,284 $ 7,333 Less - unearned interest (479) (998) Net investment in direct financing leases $ 3,805 $ 6,335
Future Minimum Finance Lease Payments Receivable	Future minimum lease payments receivable under direct finance leases are as follows: As of December 31, 2022 Amount 2023 $ 1,803 2024 1,374 2025 990 2026 117 Total $ 4,284
Maturity Analysis of Future Minimum Operating Lease Payments Receivable	A maturity analysis of future minimum lease payments receivable under non-cancelable operating leases is as follows: As of December 31, 2022 Amount 2023 $ 9,041 2024 8,808 2025 8,935 2026 8,923 2027 8,690 Thereafter 13,563 Total $ 57,960
Summary of Components of Lease Expense	The components of lease expense are as follows: December 31, 2022 December 31, 2021 Operating lease cost $ 1,224 $ 635 Short-term lease cost 99 96 Finance lease cost: Amortization of right-of-use assets 4 3 Interest expense on lease liabilities — — Total net lease cost $ 1,327 $ 734
Summary of Consolidated Balance Sheet Related to Operating and Finance Leases	Supplemental disclosure for the consolidated balance sheets related to operating and finance leases is as follows: December 31, 2022 December 31, 2021 Operating lease right-of-use asset $ 2,118 $ 2,228 Operating lease liability 2,558 2,436 Finance lease right-of-use asset — 4 Finance lease liability — 4
Summary of Weighted Average Remaining Lease Term and Weighted Average Discount Rate for Leases	The weighted average remaining lease term and weighted average discount rate for leases are as follows: December 31, 2022 December 31, 2021 Weighted average remaining lease term (years) Operating leases 10.62 12.35 Finance lease 0 0.92 Weighted average discount rate Operating leases 3.14 % 2.74 % Finance lease — % 3.10 %
Summary of Operating Lease Liabilities	A maturity analysis of operating lease liabilities is as follows: As of December 31, 2022 Operating Leases 2023 $ 696 2024 421 2025 244 2026 197 2027 201 Thereafter 1,438 Total lease payments 3,197 Less: imputed interest (639) Total lease liabilities $ 2,558

Servicing Assets (Tables)

Servicing Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Transfers and Servicing [Abstract]
Summary of Activity Pertaining to Servicing Rights	The following summarizes the activity pertaining to servicing rights: 2022 2021 Balance at beginning of period $ 33,574 $ 33,918 Additions, net 9,326 11,382 Fair value changes: Due to changes in valuation inputs or assumptions (5,934) (982) Decay due to increases in principal paydowns or runoff (10,643) (10,744) Balance at end of period $ 26,323 $ 33,574

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	Depreciation is computed by the straight-line method over the following generally estimated useful lives: Years Buildings 39 Transportation 5-10 Land improvements 10-15 Furniture and equipment 5-10 Hardware and software 3-5 Solar panels 20-25 Components of premises and equipment and total accumulated depreciation at December 31, 2022 and 2021 are as follows: 2022 2021 Buildings $ 54,746 $ 54,746 Land improvements 5,180 5,180 Furniture and equipment 19,117 18,683 Hardware and software 10,264 8,399 Leasehold improvements 7,705 8,106 Land 15,982 8,650 Transportation 49,766 49,766 Solar panels 163,391 163,391 Deposits on fixed assets 33,966 712 Premises and equipment, total 360,117 317,633 Less accumulated depreciation (96,827) (77,437) Premises and equipment, net of depreciation $ 263,290 $ 240,196

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2022
Deposits Liabilities, Balance Sheet, Reported Amounts [Abstract]
Types of Deposits	The types of deposits at December 31, 2022 and 2021 are: 2022 2021 Noninterest-bearing deposits $ 194,100 $ 89,279 Interest-bearing deposits: Money market 128,443 105,628 Savings 4,096,576 3,507,354 Time deposits 4,465,809 3,409,783 Total 8,690,828 7,022,765 Total deposits $ 8,884,928 $ 7,112,044
Schedule of Maturities of Time Deposits	At December 31, 2022 the scheduled maturities of total time deposits are as follows: Year Amount 2023 $ 2,350,669 2024 620,558 2025 431,735 2026 356,022 2027 266,189 Thereafter 440,636 Total $ 4,465,809

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Total Outstanding Borrowings	Total outstanding borrowings consisted of the following: December 31, December 31, Borrowings In March 2021, the Company entered into a 60-month term loan agreement of $50.0 million with a third party correspondent bank. The loan accrues interest at a fixed rate of 2.95% with a monthly payment sufficient to fully amortize the loan, with all remaining unpaid principal and interest due at maturity on March 30, 2026. The Company paid the Lender a non-refundable $325 thousand loan origination fee upon signing of the Note that is presented as a direct deduction from the carrying amount of the loan and will be amortized into interest expense over the life of the loan. $ 33,203 $ 42,734 In April 2020, the Company entered into the Federal Reserve Bank's Paycheck Protection Program Liquidity Facility (“PPPLF”). Under the PPPLF, advances must be secured by pledges of loans to small businesses originated by the Company under the U.S. Small Business Administration's 7(a) loan program titled the Paycheck Protection Program. The PPPLF accrues interest at thirty-five basis points and matures at various dates equal to the maturity date of the PPPLF collateral pledged to secure the advance, and will be accelerated on and to the extent of any 7(a) loan forgiveness reimbursement by the SBA for any PPPLF collateral or the date of purchase by the SBA from the borrower of any PPPLF collateral. On the maturity date of each advance, the Company shall repay the advance plus accrued interest. The borrowing was paid in full at September 30, 2022. — 267,550 In September 2020, the Company renewed a $50.0 million revolving line of credit originally issued in 2017 with a third party correspondent bank. Subsequently on October 20, 2021, the Company renewed and increased the revolving line of credit from $50.0 million to $100.0 million and increased the term from 12 months to 36 months. The line of credit is unsecured and accrues interest at 30-day SOFR plus 1.25%, with an interest rate cap of 4.25% and an interest rate floor of 2.75%. Payments are interest only with all principal and accrued interest due at maturity on October 10, 2025. The terms of this loan require the Company to maintain minimum capital and debt service coverage ratios. The Company paid the Lender a non-refundable $750 thousand loan origination fee upon signing of the Note that will be amortized into interest expense over the life of the loan. The Company made an advance of $8.0 million on December 20, 2021 and $12.0 million on March 16, 2022. The Company paid down this balance in full on May 20, 2022 and there is $100.0 million of available credit remaining at December 31, 2022. — 8,000 On December 30, 2022, the Company made an advance of $50.0 million on an overnight Fed Funds line of credit that is unsecured with an interest rate of 4.65% with $50.0 million of available credit remaining at December 31, 2022. 50,000 — Other long term debt (1) — 5 Total borrowings $ 83,203 $ 318,289 (1) Includes finance leases paid in full November 1, 2022.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of Income Tax Expense	The components of income tax expense for the years ended December 31 are as follows: 2022 2021 2020 Current income tax expense: Federal $ 3,686 $ 12,774 $ 2,071 State 3,301 6,211 3,222 Total current tax expense 6,987 18,985 5,293 Deferred income tax expense (benefit): Federal 23,838 22,886 (12,946) State 3,291 1,922 (4,501) Total deferred tax expense (benefit) 27,129 24,808 (17,447) Income tax expense (benefit), as reported $ 34,116 $ 43,793 $ (12,154)
Schedule of Effective Income Tax Rate Reconciliation	Reported income tax expense (benefit) differed from the amounts computed by applying the U.S. federal statutory income tax rate of 21% in 2022, 2021 and 2020 to income before income taxes as follows: 2022 2021 2020 Income tax expense computed at the statutory rate $ 44,168 $ 44,266 $ 9,952 State income tax expense (benefit), net of federal 5,899 6,426 (1,009) Stock-based compensation expense 73 (4,689) (17,489) Decrease in taxes due to investment tax credit (16,361) (3,392) — Amended return net benefits (3,261) — — Net operating loss carryback arising from CARES Act — — (3,732) Other 3,598 1,182 124 Total income tax expense (benefit) $ 34,116 $ 43,793 $ (12,154)
Schedule of Deferred Tax Assets and Liabilities	Components of deferred tax assets and liabilities are as follows: 2022 2021 Deferred tax assets: Net unrealized losses on securities available for sale $ 29,153 $ — Allowance for loan and lease losses 27,159 19,918 Stock-based compensation expense 5,248 3,720 Capitalized research and experimentation costs 3,780 — Accrued expenses 1,070 2,247 Operating lease liabilities 618 584 Goodwill and intangibles 14 71 Mark to market on loans held for sale — 24,213 Deferred loan fees and costs, net — 3,388 Other 1,147 1,474 Total deferred tax assets 68,189 55,615 Deferred tax liabilities: Premises and equipment 39,054 41,038 Net unrealized gains on non-marketable and other equity securities 22,309 23,273 Mark to market on loans held for sale 14,036 — Unguaranteed loan discount 4,309 6,171 Deferred loan fees and costs, net 1,332 — Operating lease right-of-use assets 511 534 Net unrealized gains on securities available for sale — 614 Other 13 — Total deferred tax liabilities 81,564 71,630 Net deferred tax (liability) asset $ (13,375) $ (16,015)

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Rollforward of Level 3 Equity Warrant Asset Fair Values	The table below provides a rollforward of the Level 3 equity warrant asset fair values. Twelve months ended December 31, Equity Warrant Assets 2022 2021 Balance at beginning of period $ 1,672 $ 908 Issuances 833 229 Net gains on derivative instruments 671 1,088 Settlements (966) (553) Balance at end of period $ 2,210 $ 1,672
Record Amount of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The tables below present the recorded amount of assets and liabilities measured at fair value on a recurring basis. December 31, 2022 Total Level 1 Level 2 Level 3 Investment securities available-for-sale US government agencies $ 15,668 $ — $ 15,668 $ — Mortgage-backed securities 995,574 — 995,574 — Municipal bonds (1) 2,977 — 2,884 93 Other debt securities 500 — 500 — Loans held for investment 494,458 — — 494,458 Servicing assets (2) 26,323 — — 26,323 Mutual fund 1,656 — 1,656 — Equity warrant assets 2,210 — — 2,210 Total assets at fair value $ 1,539,366 $ — $ 1,016,282 $ 523,084 December 31, 2021 Total Level 1 Level 2 Level 3 Investment securities available-for-sale US government agencies $ 10,637 $ — $ 10,637 $ — Mortgage-backed securities 889,339 — 889,339 — Municipal bonds (1) 3,576 — 3,480 96 Other debt securities 2,500 — 2,500 — Loans held for sale 25,310 — — 25,310 Loans held for investment 645,201 — — 645,201 Servicing assets (2) 33,574 — — 33,574 Mutual fund 2,379 — 2,379 — Equity warrant assets 1,672 — — 1,672 Total assets at fair value $ 1,614,188 $ — $ 908,335 $ 705,853 (1) During the year ended December 31, 2022, the Company recorded a principal paydown of $1 thousand and a fair value adjustment loss of $2 thousand. During the year ended December 31, 2021, the Company recorded a principal paydown of $1 thousand and a fair value adjustment gain of $1 thousand. (2) See Note 5 for a rollforward of recurring Level 3 fair values for servicing assets.
Summary of Fair Value Carrying Amount and Unpaid Principal Outstanding of Loans Under Fair Value Option	The following tables provide more information about the fair value carrying amount and the unpaid principal outstanding of loans accounted for under the fair value option at December 31, 2022 and December 31, 2021. December 31, 2022 Total Loans Nonaccruals 90 Days or More Past Due Fair Value Carrying Amount Unpaid Principal Balance Difference Fair Value Carrying Amount Unpaid Principal Balance Difference Fair Value Carrying Amount Unpaid Principal Balance Difference Fair Value Option Elections Loans held for investment $ 494,458 $ 513,219 $ (18,761) $ 44,890 $ 46,993 $ (2,103) $ 24,663 $ 26,321 $ (1,658) $ 494,458 $ 513,219 $ (18,761) $ 44,890 $ 46,993 $ (2,103) $ 24,663 $ 26,321 $ (1,658) December 31, 2021 Total Loans Nonaccruals 90 Days or More Past Due Fair Value Carrying Amount Unpaid Principal Balance Difference Fair Value Carrying Amount Unpaid Principal Balance Difference Fair Value Carrying Amount Unpaid Principal Balance Difference Fair Value Option Elections Loans held for sale $ 25,310 $ 26,831 $ (1,521) $ — $ — $ — $ — $ — $ — Loans held for investment 645,201 666,066 (20,865) 38,262 42,841 (4,579) 24,057 25,633 (1,576) $ 670,511 $ 692,897 $ (22,386) $ 38,262 $ 42,841 $ (4,579) $ 24,057 $ 25,633 $ (1,576)
Schedule of Net Gains (Losses) from Changes in Fair Value	The following table presents the net gains (losses) from changes in fair value. Twelve Months Ended Gains (Losses) on Loans Accounted for under the Fair Value Option 2022 2021 Loans held for sale $ 1,521 $ 502 Loans held for investment (475) 3,755 $ 1,046 $ 4,257
Summary of the Activity Pertaining to Loans Accounted for Under Fair Value Option	The following tables summarize the activity pertaining to loans accounted for under the fair value option. Twelve Months Ended Loans held for sale 2022 2021 Balance at beginning of period $ 25,310 $ 36,111 Repurchases & Issuances 65 — Fair value changes 1,521 502 Transfers (26,219) — Settlements (677) (11,303) Balance at end of period $ — $ 25,310 Twelve Months Ended Loans held for investment 2022 2021 Balance at beginning of period $ 645,201 $ 815,374 Repurchases & Issuances 18,629 37,159 Fair value changes (475) 3,755 Transfers 26,219 — Settlements (195,116) (211,087) Balance at end of period $ 494,458 $ 645,201
Recorded Amount of Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis	The tables below present the recorded amount of assets and liabilities measured at fair value on a non-recurring basis. December 31, 2022 Total Level 1 Level 2 Level 3 Collateral-dependent loans $ 4,840 $ — $ — $ 4,840 Total assets at fair value $ 4,840 $ — $ — $ 4,840 December 31, 2021 Total Level 1 Level 2 Level 3 Collateral-dependent loans $ 1,567 $ — $ — $ 1,567 Foreclosed assets 620 — — 620 Total assets at fair value $ 2,187 $ — $ — $ 2,187
Analysis of Level 3 Valuation Techniques	For Level 3 assets and liabilities measured at fair value as of December 31, 2022 and December 31, 2021, the significant unobservable inputs used in the fair value measurements were as follows: December 31, 2022 Level 3 Assets with Significant Unobservable Inputs Fair Value Valuation Technique Significant Unobservable Inputs Range Weighted Average (1) Recurring fair value Municipal bond $ 93 Discounted expected cash flows Discount rate 6.0 % N/A Prepayment speed 5.0 % N/A Loans held for investment $ 494,458 Discounted expected cash flows Loss rate 0.0 % - 79.3 % 1.9 % Discount rate 7.5 % - 11.2 % 10.0 % Prepayment speed 16.5 % 16.5 % Discounted appraisals Appraisal adjustments (2) 0.0 % - 77.3 % 28.6 % Equity warrant assets $ 2,210 Black-Scholes option pricing model Volatility 26.5 % - 90.0 % 34.2 % Risk-free interest rate 3.9 % - 4.0 % 3.9 % Marketability discount 20.0 % 20.0 % Remaining life 3 - 10 years 7.7 years Non-recurring fair value Collateral-dependent loans $ 4,840 Discounted appraisals Appraisal adjustments (2) 10.0 % - 66.5 % 34.2 % December 31, 2021 Level 3 Assets with Significant Unobservable Inputs Fair Value Valuation Technique Significant Unobservable Inputs Range Weighted Average (1) Recurring fair value Municipal bond $ 96 Discounted expected cash flows Discount rate 4.8 % N/A Prepayment speed 5.0 % N/A Loans held for sale $ 25,310 Discounted expected cash flows Discount rate 6.2 % - 21.9 % 6.6 % Prepayment speed 17.4 % 17.4 % Loans held for investment $ 645,201 Discounted expected cash flows Loss rate 0.0 % - 70.2 % 1.5 % Discount rate 6.2 % - 21.9 % 6.6 % Prepayment speed 17.4 % 17.4 % Discounted appraisals Appraisal adjustments (2) 10.0 % - 85.0 % 16.2 % Equity warrant assets $ 1,672 Black-Scholes option pricing model Volatility 26.2 % - 88.2 % 39.2 % Risk-free interest rate 1.3 % - 1.5 % 1.5 % Marketability discount 20.0 % 20.0 % Remaining life 4 - 10 years 7.5 years Non-recurring fair value Collateral-dependent loans $ 1,567 Discounted appraisals Appraisal adjustments (2) 10.0 % - 99.0 % 32.9 % Foreclosed assets $ 620 Discounted appraisals Appraisal adjustments (2) 9.0 % - 10.0 % 9.5 % (1) Weighted averages are determined by the relative fair value of the instruments or the relative contribution to the instruments fair value. (2) Appraisals may be adjusted by management for customized discounting criteria, estimated sales costs, and other qualitative adjustments.
Carrying Amount and Estimated Fair Value of Financial Instruments	The carrying amounts and estimated fair values of the Company’s financial instruments are as follows: December 31, 2022 Carrying Amount Quoted Price In Active Markets for Identical Assets/Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Fair Value Financial assets Cash and due from banks $ 280,239 $ 280,239 $ — $ — $ 280,239 Federal funds sold 136,397 136,397 — — 136,397 Certificates of deposit with other banks 4,000 4,000 — — 4,000 Loans held for sale 554,610 — — 577,254 577,254 Loans and leases held for investment, net of allowance for credit losses on loans and leases 6,753,154 — — 6,652,936 6,652,936 Financial liabilities Deposits 8,884,928 — 8,532,615 — 8,532,615 Borrowings 83,203 — — 82,258 82,258 December 31, 2021 Carrying Amount Quoted Price In Active Markets for Identical Assets/Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Fair Value Financial assets Cash and due from banks $ 187,203 $ 187,203 $ — $ — $ 187,203 Federal funds sold 16,547 16,547 — — 16,547 Certificates of deposit with other banks 4,750 4,930 — — 4,930 Loans held for sale 1,091,209 — — 1,197,307 1,197,307 Loans and leases held for investment, net of allowance for credit losses on loans and leases 4,812,477 — — 4,958,875 4,958,875 Financial liabilities Deposits 7,112,044 — 6,942,512 — 6,942,512 Borrowings 318,289 — — 312,036 312,036

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Summary of Commitments	A summary of the Company’s commitments is as follows: December 31, 2022 December 31, 2021 Commitments to extend credit $ 2,731,866 $ 2,634,387 Standby letters of credit 26,454 10,753 Airplane purchase agreement commitments 24,000 — Total unfunded off-balance sheet credit risk $ 2,782,320 $ 2,645,140

Benefit Plans (Tables)

Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Stock Option Activity	Stock option activity under the Plan during the year ended December 31, 2022 is summarized below. Shares Weighted Average Weighted Average Aggregate Outstanding at December 31, 2021 1,062,681 $ 12.94 Exercised (228,941) 13.58 Forfeited (8,626) 15.75 Outstanding at December 31, 2022 825,114 $ 12.73 2.28 $ 14,412,142 Exercisable at December 31, 2022 787,354 $ 12.67 2.24 $ 13,803,102
Summary of Non-vested Stock Option Activity	The following is a summary of non-vested stock option activity for the Company for the years ended December 31, 2022, 2021 and 2020. Shares Weighted Average Grant Date Fair Value Non-vested at December 31, 2019 1,485,396 $ 4.73 Vested (387,867) 3.05 Forfeited (74,893) 4.52 Non-vested at December 31, 2020 1,022,636 5.38 Vested (592,693) 4.35 Forfeited (47,093) 7.28 Non-vested at December 31, 2021 382,850 6.75 Vested (336,464) 6.85 Forfeited (8,626) 6.95 Non-vested at December 31, 2022 37,760 $ 6.60
Restricted Stock Unit Activity	The following is a summary of non-vested RSU stock activity for the Company for the year ended December 31, 2022. Shares Weighted Average Grant Date Fair Value Non-vested at December 31, 2021 1,907,513 $ 46.12 Granted 885,939 37.75 Vested (314,703) 41.62 Forfeited (69,051) 46.23 Non-vested at December 31, 2022 2,409,698 $ 43.63

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2022
Regulated Operations [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations	Capital amounts and ratios as of December 31, 2022 and 2021, are presented in the following table. Actual Minimum Capital Minimum To Be Amount Ratio Amount Ratio Amount Ratio Consolidated - December 31, 2022 Common Equity Tier 1 (to Risk-Weighted Assets) $ 888,235 12.47 % $ 320,446 4.50 % N/A N/A Total Capital (to Risk-Weighted Assets) $ 977,360 13.73 % $ 569,681 8.00 % N/A N/A Tier 1 Capital (to Risk-Weighted Assets) $ 888,235 12.47 % $ 427,261 6.00 % N/A N/A Tier 1 Capital (to Average Assets) $ 888,235 9.26 % $ 383,499 4.00 % N/A N/A Bank - December 31, 2022 Common Equity Tier 1 (to Risk-Weighted Assets) $ 730,092 10.70 % $ 307,179 4.50 % $ 443,703 6.50 % Total Capital (to Risk-Weighted Assets) $ 815,577 11.95 % $ 546,096 8.00 % $ 682,620 10.00 % Tier 1 Capital (to Risk-Weighted Assets) $ 730,092 10.70 % $ 409,572 6.00 % $ 546,096 8.00 % Tier 1 Capital (to Average Assets) $ 730,092 7.70 % $ 379,396 4.00 % $ 474,245 5.00 % Consolidated - December 31, 2021 Common Equity Tier 1 (to Risk-Weighted Assets) $ 689,367 12.38 % $ 250,619 4.50 % N/A N/A Total Capital (to Risk-Weighted Assets) $ 753,691 13.53 % $ 445,544 8.00% N/A N/A Tier 1 Capital (to Risk-Weighted Assets) $ 689,367 12.38 % $ 334,158 6.00% N/A N/A Tier 1 Capital (to Average Assets) $ 689,367 8.87 % $ 310,902 4.00% N/A N/A Bank - December 31, 2021 Common Equity Tier 1 (to Risk-Weighted Assets) $ 640,652 12.05 % $ 239,201 4.50 % $ 345,512 6.50 % Total Capital (to Risk-Weighted Assets) $ 704,976 13.26 % $ 425,246 8.00% $ 531,557 10.00% Tier 1 Capital (to Risk-Weighted Assets) $ 640,652 12.05 % $ 318,934 6.00% $ 425,246 8.00% Tier 1 Capital (to Average Assets) $ 640,652 8.32 % $ 307,931 4.00% $ 384,914 5.00%

Related Party Disclosures (Tabl

Related Party Disclosures (Tables)	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Schedule of Related Party Loan Activity	The following table provides related party loan activity during 2022. Amount Balance as of December 31, 2021 $ 17,089 Loan originations 19,172 Loan repayments (14,523) Balance as of December 31, 2022 $ 21,738

Significant Equity Method Inv_2

Significant Equity Method Investments (Tables)	12 Months Ended
	Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
Summary of Balance Sheet and Income Statement Information of Combined Equity Method Investments	The following table provides summarized balance sheet information for the Company’s combined equity method investments as of December 31, 2022 and 2021. The Company’s equity method investments are included in the other assets line on the consolidated balance sheet and are largely concentrated in new or emerging financial service technology companies and solar investment tax credits. As of December 31, Balance sheet data 2022 2021 Current assets $ 58,683 $ 90,629 Noncurrent assets 889,677 776,171 Total assets $ 948,360 $ 866,800 Current liabilities $ 16,947 $ 37,730 Noncurrent liabilities 16,799 14,052 Total liabilities 33,746 51,782 Equity interests 914,614 815,018 Total liabilities and equity $ 948,360 $ 866,800 The following table provides summarized income statement information for the Company’s combined equity method investments for the years ended December 31, 2022, 2021 and 2020. Years ended December 31, Summary of operations 2022 2021 2020 Total revenues $ 74,908 $ 79,016 $ 68,038 Net (loss) income (65,208) 215,792 (68,406)

Segments (Tables)

Segments (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Schedule of Segment Information	The following tables provide financial information for the Company's segments. The information provided under the caption “Other” represents operations not considered to be reportable segments and/or general operating expenses of the Company, and includes the parent company, other non-bank subsidiaries and elimination adjustments to reconcile the results of the operating segments to the consolidated financial statements prepared in conformity with GAAP. Banking Fintech Other Consolidated As of and for the year ended December 31, 2022 Interest income $ 444,307 $ 93 $ 73 $ 444,473 Interest expense 115,324 — 1,648 116,972 Net interest income 328,983 93 (1,575) 327,501 Provision for loan and lease credit losses 40,943 — — 40,943 Noninterest income 80,562 155,028 2,402 237,992 Noninterest expense 296,891 9,413 7,922 314,226 Income tax (benefit) expense (226) 36,016 (1,674) 34,116 Net income (loss) $ 71,937 $ 109,692 $ (5,421) $ 176,208 Total assets $ 9,672,458 $ 124,249 $ 58,791 $ 9,855,498 As of and for the year ended December 31, 2021 Interest income $ 360,986 $ 201 $ 26 $ 361,213 Interest expense 63,119 — 1,309 64,428 Net interest income 297,867 201 (1,283) 296,785 Provision for loan and lease credit losses 15,210 — — 15,210 Noninterest income 114,363 43,141 2,696 160,200 Noninterest expense 215,819 5,395 9,773 230,987 Income tax expense (benefit) 35,539 10,280 (2,026) 43,793 Net income (loss) $ 145,662 $ 27,667 $ (6,334) $ 166,995 Total assets $ 8,053,212 $ 121,889 $ 38,292 $ 8,213,393 As of and for the year ended December 31, 2020 Interest income $ 288,305 $ — $ 103 $ 288,408 Interest expense 93,313 — 372 93,685 Net interest income 194,992 — (269) 194,723 Provision for loan and lease credit losses 40,658 — — 40,658 Noninterest income 77,512 6,567 1,921 86,000 Noninterest expense 181,555 5,510 5,611 192,676 Income tax (benefit) expense (7,171) 2,989 (7,972) (12,154) Net income (loss) $ 57,462 $ (1,932) $ 4,013 $ 59,543 Total assets $ 7,767,013 $ 83,946 $ 21,344 $ 7,872,303

Parent Company Only Financial_2

Parent Company Only Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]
Balance Sheets	Balance Sheets As of December 31, 2022 2021 Assets Cash and cash equivalents $ 103,238 $ 10,635 Investment in subsidiaries 704,905 723,803 Other assets 50,801 40,149 Total assets $ 858,944 $ 774,587 Liabilities and Shareholders' Equity Borrowings $ 33,203 $ 50,734 Other liabilities 14,708 8,720 Total liabilities 47,911 59,454 Shareholders' equity: Common stock 330,854 312,294 Retained earnings 572,497 400,893 Accumulated other comprehensive (loss) income (92,318) 1,946 Total shareholders' equity 811,033 715,133 Total liabilities and shareholders' equity $ 858,944 $ 774,587
Statements of Income	Statements of Income Years ended December 31, 2022 2021 2020 Interest income $ 73 $ 25 $ 91 Interest expense 1,648 1,309 372 Net interest loss (1,575) (1,284) (281) Noninterest income: Other noninterest income (107) 716 252 Total noninterest income (107) 716 252 Noninterest expense: Salaries and employee benefits 1,444 5,120 17,250 Professional services expense 1,163 679 750 Other expense 1,907 789 1,167 Total noninterest expense 4,514 6,588 19,167 Net loss before equity in undistributed income of subsidiaries (6,196) (7,156) (19,196) Income tax benefit (1,358) (1,615) (7,785) Net loss (4,838) (5,541) (11,411) Equity in undistributed income of subsidiaries in excess of dividends from subsidiaries 181,046 172,536 70,954 Net income attributable to Live Oak Bancshares, Inc. $ 176,208 $ 166,995 $ 59,543
Statements of Cash Flows	Statements of Cash Flows Years ended December 31, 2022 2021 2020 Cash flows from operating activities Net income $ 176,208 $ 166,995 $ 59,543 Adjustments to reconcile net income to net cash (used in) provided by operating activities: Equity in undistributed net income of subsidiaries in excess of dividends of subsidiaries (181,046) (172,536) (70,954) Subsidiary vesting of restricted stock and other (14,862) 2,679 43,507 Deferred income tax 434 30,070 1,163 Stock option compensation expense 942 1,379 1,594 Restricted stock compensation expense 19,405 15,572 13,146 Business combination contingent consideration fair value adjustments (86) 99 163 Net change in other assets (2,846) (22,645) (6,182) Net change in other liabilities (1,626) (11,243) (525) Net cash (used in) provided by operating activities (3,477) 10,370 41,455 Cash flows from investing activities Capital return on (investment in) subsidiaries 121,750 (26,407) (6,354) Purchases of equity security investments (182) (84) (17) Purchases of equity method investments (904) (237) (507) Business combination, net of cash acquired — — (895) Net cash provided by (used in) investing activities 120,664 (26,728) (7,773) Cash flows from financing activities Proceeds from borrowings 12,096 57,675 70,000 Repayment of borrowings (29,627) (21,429) (55,512) Stock option exercises 2,118 4,158 3,069 Employee stock purchase program 1,067 670 520 Withholding cash issued in lieu of restricted stock and other (4,972) (19,151) (49,229) Repurchase and retirement of shares — (953) — Shareholder dividend distributions (5,266) (5,186) (4,906) Net cash (used in) provided by financing activities (24,584) 15,784 (36,058) Net change in cash and cash equivalents 92,603 (574) (2,376) Cash and cash equivalents at beginning of year 10,635 11,209 13,585 Cash and cash equivalents at end of year $ 103,238 $ 10,635 $ 11,209

Organization and Summary of S_4

Organization and Summary of Significant Accounting Policies - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) segment	Dec. 31, 2021 USD ($)
Schedule Of Equity Method Investments [Line Items]
Number of reportable segments | segment	2
Total past due loans	$ 7,344,178	$ 5,521,262
Unguaranteed Loan Exposure
Schedule Of Equity Method Investments [Line Items]
Financing receivable, allowance for credit loss		1,000
Maximum | Unguaranteed Loan Exposure
Schedule Of Equity Method Investments [Line Items]
Financing receivable, allowance for credit loss		$ 250
Significant Influence
Schedule Of Equity Method Investments [Line Items]
Limited partnership board involvement ownership percentage	5%
Significant Influence | Minimum
Schedule Of Equity Method Investments [Line Items]
Limited liability companies privately held ownership interest	20%

Organization and Summary of S_5

Organization and Summary of Significant Accounting Policies - Business Combination (Details) - JAM $ in Millions	Apr. 01, 2020 USD ($)
Business Acquisition [Line Items]
Equity interests	100%
Goodwill	$ 1.8
Intangible assets	2.3
Contingent consideration	$ 2.1
Useful life	15 years

Organization and Summary of S_6

Organization and Summary of Significant Accounting Policies - Cash and Cash Equivalents and Certificates of Deposit with other Banks (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Minimum | Certificates of Deposit
Cash And Cash Equivalents [Line Items]
Investment interest rate	0.20%
Maximum
Cash And Cash Equivalents [Line Items]
FDIC insurable amount	$ 250
Maximum | Certificates of Deposit
Cash And Cash Equivalents [Line Items]
Investment interest rate	3.55%

Organization and Summary of S_7

Organization and Summary of Significant Accounting Policies - Investments (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Federal home loan bank stock	$ 4.1	$ 3.9

Organization and Summary of S_8

Organization and Summary of Significant Accounting Policies - Loans and Leases (Details)	12 Months Ended
	Dec. 31, 2022
Loans Receivable Held-for-sale, Net, Reconciliation to Cash Flow [Roll Forward]
Retention percentage of unguaranteed portion of loan participating interest.	7.50%
SBA Loan
Loans Receivable Held-for-sale, Net, Reconciliation to Cash Flow [Roll Forward]
Percentage of principal balance required to be retained	10%
USDA loan
Loans Receivable Held-for-sale, Net, Reconciliation to Cash Flow [Roll Forward]
Percentage of principal balance required to be retained	5%

Organization and Summary of S_9

Organization and Summary of Significant Accounting Policies - Schedule of Loans Receivable Held-for-sale (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Loans Receivable Held-for-sale, Net, Reconciliation to Cash Flow [Roll Forward]
Balance at beginning of year	$ 1,116,519	$ 1,175,470
Originations	1,042,061	1,364,168	$ 1,183,152
Proceeds from sale	(1,067,758)	(1,092,222)	(875,393)
Gain on sale of loans	43,244	67,280	49,473
Principal collections, net of deferred fees and costs	(116,886)	(98,354)
Non-cash transfers, net	(462,570)	(299,823)
Balance at end of period	$ 554,610	$ 1,116,519	$ 1,175,470

Organization and Summary of _10

Organization and Summary of Significant Accounting Policies - Allowance for Credit Losses (Details) - USD ($) $ in Thousands	Jan. 01, 2020	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Equity Method Investments [Line Items]
Retained earnings		$ 572,497	$ 400,893
Allowance for off-balance sheet credit exposures		$ 1,500	739
Unguaranteed Balance
Schedule Of Equity Method Investments [Line Items]
Financing receivable, allowance for credit loss			1,000
Maximum | Unguaranteed Balance
Schedule Of Equity Method Investments [Line Items]
Financing receivable, allowance for credit loss			$ 250
ASU No. 2016-13 | Restatement Adjustment
Schedule Of Equity Method Investments [Line Items]
Retained earnings	$ 822
Decrease in allowance for credit losses	1,300
Increase in reserve on unfunded commitments	$ 499

Organization and Summary of _11

Organization and Summary of Significant Accounting Policies - Leases (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) term	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Lessee, Lease, Description [Line Items]
Number of additional terms | term	2
Impairment expense | $	$ 0	$ 904,000	$ 0
Minimum
Lessee, Lease, Description [Line Items]
Term of contract	3 years
Term of contract, operating lease	10 years
Minimum | Equipment Leased to Other Party
Lessee, Lease, Description [Line Items]
Useful life	20 years
Salvage value, percentage	20%
Maximum
Lessee, Lease, Description [Line Items]
Term of contract	7 years
Term of contract, operating lease	15 years
Maximum | Equipment Leased to Other Party
Lessee, Lease, Description [Line Items]
Useful life	25 years
Salvage value, percentage	50%

Organization and Summary of _12

Organization and Summary of Significant Accounting Policies - Schedule of Property, Plant and Equipment (Details)	12 Months Ended
	Dec. 31, 2022
Buildings
Property, Plant and Equipment [Line Items]
Useful life	39 years
Transportation | Minimum
Property, Plant and Equipment [Line Items]
Useful life	5 years
Transportation | Maximum
Property, Plant and Equipment [Line Items]
Useful life	10 years
Land improvements | Minimum
Property, Plant and Equipment [Line Items]
Useful life	10 years
Land improvements | Maximum
Property, Plant and Equipment [Line Items]
Useful life	15 years
Furniture and equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful life	5 years
Furniture and equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful life	10 years
Hardware and software | Minimum
Property, Plant and Equipment [Line Items]
Useful life	3 years
Hardware and software | Maximum
Property, Plant and Equipment [Line Items]
Useful life	5 years
Solar panels | Minimum
Property, Plant and Equipment [Line Items]
Useful life	20 years
Solar panels | Maximum
Property, Plant and Equipment [Line Items]
Useful life	25 years

Organization and Summary of _13

Organization and Summary of Significant Accounting Policies - Derivative Financial Instruments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Gain (loss) on derivative, net			$ (2.6)
Term of warrant	10 years
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net gains on sales of loans	Net gains on sales of loans	Net gains on sales of loans

Organization and Summary of _14

Organization and Summary of Significant Accounting Policies - Goodwill and Intangible Assets (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Impairment related charges	$ 0	$ 0	$ 0
JAM
Finite-Lived Intangible Assets [Line Items]
Carrying amount of intangible assets	1,900,000	2,000,000
Accumulated amortization of intangible assets	$ 421,000	$ 268,000

Organization and Summary of _15

Organization and Summary of Significant Accounting Policies - Long-Lived Asset Reclassified to Held for Sale (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Gain on sale of aircraft	$ 0	$ 114	$ (6)
Air Transportation Equipment
Property, Plant and Equipment [Line Items]
Carrying amount of aircraft			19,200
Impairment expense			1,300
Expected proceeds from sale of aircraft			$ 8,900
Gain on sale of aircraft		$ 114

Organization and Summary of _16

Organization and Summary of Significant Accounting Policies - Common Stock (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($) shares	Jun. 11, 2014 class
Class Of Stock [Line Items]
Number of class of common stock | class			2
Private Placement | Class A Common Stock
Class Of Stock [Line Items]
Non-voting common stock converted to voting common stock in private sale (in shares) | shares	125,024	982,733
Non-voting common stock converted to voting common stock in private sale | $	$ 1.3	$ 10.4

Organization and Summary of _17

Organization and Summary of Significant Accounting Policies - Schedule of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Basic earnings per share:
Net income	$ 176,208	$ 166,995	$ 59,543
Weighted-average basic shares outstanding (in shares)	43,862,291	43,169,935	40,677,496
Basic earnings per share (in dollars per share)	$ 4.02	$ 3.87	$ 1.46
Diluted earnings per share:
Net income, for diluted earnings per share	$ 176,208	$ 166,995	$ 59,543
Weighted-average basic shares outstanding (in shares)	43,862,291	43,169,935	40,677,496
Add effect of dilutive stock options and restricted stock grants (in shares)	1,044,019	1,901,369	1,093,754
Total weighted-average diluted shares outstanding (in shares)	44,906,310	45,071,304	41,771,250
Diluted earnings per share (in dollars per share)	$ 3.92	$ 3.71	$ 1.43
Anti-dilutive stock options and restricted shares (in shares)	1,413,738	37,401	2,179

Organization and Summary of _18

Organization and Summary of Significant Accounting Policies - Recent Accounting Pronouncements (Details)	Dec. 31, 2022
ASU No. 2020-04
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]	true
Change in Accounting Principle, Accounting Standards Update, Immaterial Effect [true false]	true
ASU No. 2022-06
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]	true
Change in Accounting Principle, Accounting Standards Update, Immaterial Effect [true false]	true
ASU No. 2022-02
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]	true
Change in Accounting Principle, Accounting Standards Update, Immaterial Effect [true false]	true
ASU No. 2022-03
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]	true

Securities - Carrying Amount an

Securities - Carrying Amount and Fair Value of Investment Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	$ 1,136,190	$ 903,492
Unrealized Gains	270	14,772
Unrealized Losses	121,741	12,212
Fair Value	1,014,719	906,052
US government agencies
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	16,080	10,444
Unrealized Gains	0	193
Unrealized Losses	412	0
Fair Value	15,668	10,637
Mortgage-backed securities
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	1,116,387	887,302
Unrealized Gains	270	14,246
Unrealized Losses	121,083	12,209
Fair Value	995,574	889,339
Municipal bonds
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	3,223	3,246
Unrealized Gains	0	333
Unrealized Losses	246	3
Fair Value	2,977	3,576
Other debt securities
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	500	2,500
Unrealized Gains	0	0
Unrealized Losses	0	0
Fair Value	$ 500	$ 2,500

Securities - Narrative (Details

Securities - Narrative (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) security	Dec. 31, 2021 USD ($) security	Dec. 31, 2020 USD ($) security
Schedule Of Available For Sale Securities [Line Items]
Other than temporary impairment losses	$ 0
Gain on sale of investment securities available-for-sale, net	0	$ 0	$ 1,880,000
Unrealized gain on equity securities	1,900,000	44,000,000	$ 14,600,000
Collateral Pledged
Schedule Of Available For Sale Securities [Line Items]
Debt securities, available-for-sale, restricted	$ 0	$ 0
Matured Securities
Schedule Of Available For Sale Securities [Line Items]
Number of securities sold | security	2	1	4
Proceeds from sale of securities	$ 7,500,000	$ 5,000,000	$ 12,000,000
Sale of Securities
Schedule Of Available For Sale Securities [Line Items]
Number of securities sold | security	20	12	20
Proceeds from sale of securities	$ 36,500,000	$ 33,100,000	$ 29,600,000
Gain on sale of securities available-for-sale			2,000,000
Loss on sale of securities available-for-sale			136,000
Gain on sale of investment securities available-for-sale, net			$ 1,900,000
Mortgage-backed securities
Schedule Of Available For Sale Securities [Line Items]
Number of securities in unrealized loss portions for longer than 12 months | security	185	31
Number of securities in unrealized loss positions for less than 12 months | security	236	142
Municipal bonds
Schedule Of Available For Sale Securities [Line Items]
Number of securities in unrealized loss portions for longer than 12 months | security	1	1
Number of securities in unrealized loss positions for less than 12 months | security	1
US government agencies
Schedule Of Available For Sale Securities [Line Items]
Number of securities in unrealized loss positions for less than 12 months | security	5

Securities - Debt Securities Av

Securities - Debt Securities Available-for-Sale in Unrealized Loss Position (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Available For Sale Securities [Line Items]
Securities in unrealized loss position, Less Than 12 Months, Fair Value	$ 532,191	$ 479,322
Securities in unrealized loss position, Less Than 12 Months, Unrealized Losses	29,713	8,503
Securities in unrealized loss position, 12 Months or More, Fair Value	457,065	110,729
Securities in unrealized loss position, 12 Months or More, Unrealized Losses	92,028	3,709
Securities in unrealized loss position, Total, Fair Value	989,256	590,051
Securities in unrealized loss position, Total, Unrealized Losses	121,741	12,212
US government agencies
Schedule Of Available For Sale Securities [Line Items]
Securities in unrealized loss position, Less Than 12 Months, Fair Value	15,668
Securities in unrealized loss position, Less Than 12 Months, Unrealized Losses	412
Securities in unrealized loss position, 12 Months or More, Fair Value	0
Securities in unrealized loss position, 12 Months or More, Unrealized Losses	0
Securities in unrealized loss position, Total, Fair Value	15,668
Securities in unrealized loss position, Total, Unrealized Losses	412
Mortgage-backed securities
Schedule Of Available For Sale Securities [Line Items]
Securities in unrealized loss position, Less Than 12 Months, Fair Value	513,639	479,322
Securities in unrealized loss position, Less Than 12 Months, Unrealized Losses	29,060	8,503
Securities in unrealized loss position, 12 Months or More, Fair Value	456,972	110,633
Securities in unrealized loss position, 12 Months or More, Unrealized Losses	92,023	3,706
Securities in unrealized loss position, Total, Fair Value	970,611	589,955
Securities in unrealized loss position, Total, Unrealized Losses	121,083	12,209
Municipal bonds
Schedule Of Available For Sale Securities [Line Items]
Securities in unrealized loss position, Less Than 12 Months, Fair Value	2,884	0
Securities in unrealized loss position, Less Than 12 Months, Unrealized Losses	241	0
Securities in unrealized loss position, 12 Months or More, Fair Value	93	96
Securities in unrealized loss position, 12 Months or More, Unrealized Losses	5	3
Securities in unrealized loss position, Total, Fair Value	2,977	96
Securities in unrealized loss position, Total, Unrealized Losses	$ 246	$ 3

Securities - Summary of Investm

Securities - Summary of Investment Securities by Maturity (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale, Maturity, Amortized Cost, Rolling Maturity [Abstract]
Amortized Cost	$ 1,136,190	$ 903,492
Debt Securities, Available-for-sale, Maturity, Fair Value, Rolling Maturity [Abstract]
Total, Fair value	1,014,719	906,052
US government agencies
Debt Securities, Available-for-sale, Maturity, Amortized Cost, Rolling Maturity [Abstract]
One to five years, Amortized cost	12,948
Five to ten year, Amortized cost	3,132
Amortized Cost	16,080	10,444
Debt Securities, Available-for-sale, Maturity, Fair Value, Rolling Maturity [Abstract]
One to five years, Fair value	12,578
Five to ten years, Fair value	3,090
Total, Fair value	15,668	10,637
Mortgage-backed securities
Debt Securities, Available-for-sale, Maturity, Amortized Cost, Rolling Maturity [Abstract]
One to five years, Amortized cost	113,726
Five to ten year, Amortized cost	254,975
After 10 years, Amortized cost	747,686
Amortized Cost	1,116,387	887,302
Debt Securities, Available-for-sale, Maturity, Fair Value, Rolling Maturity [Abstract]
One to five years, Fair value	108,045
Five to ten years, Fair value	225,028
After 10 years, Fair value	662,501
Total, Fair value	995,574	889,339
Municipal bonds
Debt Securities, Available-for-sale, Maturity, Amortized Cost, Rolling Maturity [Abstract]
After 10 years, Amortized cost	3,223
Amortized Cost	3,223	3,246
Debt Securities, Available-for-sale, Maturity, Fair Value, Rolling Maturity [Abstract]
After 10 years, Fair value	2,977
Total, Fair value	2,977	3,576
Other debt securities
Debt Securities, Available-for-sale, Maturity, Amortized Cost, Rolling Maturity [Abstract]
Within one year, Amortized cost	500
Amortized Cost	500	2,500
Debt Securities, Available-for-sale, Maturity, Fair Value, Rolling Maturity [Abstract]
Within one year, Fair value	500
Total, Fair value	$ 500	$ 2,500

Securities - Carrying and Owner

Securities - Carrying and Ownership Percentage of Each Equity Method Investment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Equity Method Investments [Line Items]
Equity method investments	$ 110,058	$ 84,150
Apiture, Inc.
Schedule Of Equity Method Investments [Line Items]
Equity method investments	$ 60,320	$ 52,323
Equity method investment ownership percentage	40.30%	39.10%
Canapi Ventures SBIC Fund, LP
Schedule Of Equity Method Investments [Line Items]
Equity method investments	$ 19,246	$ 19,431
Equity method investment ownership percentage	2.90%	2.90%
Canapi Ventures Fund, LP
Schedule Of Equity Method Investments [Line Items]
Equity method investments	$ 2,382	$ 2,402
Equity method investment ownership percentage	1.50%	1.50%
Canapi Ventures Fund II, LP
Schedule Of Equity Method Investments [Line Items]
Equity method investments	$ 7,412	$ 0
Equity method investment ownership percentage	1.60%
Canapi Ventures SBIC Fund II, LP
Schedule Of Equity Method Investments [Line Items]
Equity method investments	$ 7,981	0
Equity method investment ownership percentage	3.70%
Other Fintech Investments in Private Companies
Schedule Of Equity Method Investments [Line Items]
Equity method investments	$ 241	$ 5,330
Equity method investment ownership percentage	4.30%
Equity method investment ownership percentage		Various
Other
Schedule Of Equity Method Investments [Line Items]
Equity method investments	$ 12,476	$ 4,664
Equity method investment ownership percentage	Various	Various

Securities - Carrying and Own_2

Securities - Carrying and Ownership Percentage of Each Equity Method Investment (Parenthetical) (Details) - USD ($)			12 Months Ended
	Aug. 31, 2022	Apr. 01, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule Of Equity Method Investments [Line Items]
Equity security investments gains (losses), net			$ 3,355,000	$ 44,752,000	$ 14,909,000
Other Fintech Investments in Private Companies
Schedule Of Equity Method Investments [Line Items]
Equity security investments gains (losses), net	$ 28,400,000	$ 120,800,000
Canapi Ventures SBIC Fund, LP
Schedule Of Equity Method Investments [Line Items]
Equity method investments, committed amount of investment			$ 5,500,000	$ 6,800,000
Equity method investment ownership percentage			2.90%	2.90%
Canapi Ventures Fund, LP
Schedule Of Equity Method Investments [Line Items]
Equity method investments, committed amount of investment			$ 617,000	$ 770,000
Equity method investment ownership percentage			1.50%	1.50%
Canapi Ventures Fund II, LP
Schedule Of Equity Method Investments [Line Items]
Equity method investments, committed amount of investment			$ 6,900,000	$ 0
Equity method investment ownership percentage			1.60%
Canapi Ventures SBIC Fund II, LP
Schedule Of Equity Method Investments [Line Items]
Equity method investments, committed amount of investment			$ 7,500,000	$ 0
Equity method investment ownership percentage			3.70%
Other
Schedule Of Equity Method Investments [Line Items]
Equity method investments, committed amount of investment			$ 2,600,000
Cape Fear Collective 1
Schedule Of Equity Method Investments [Line Items]
Equity method investment ownership percentage			99%
Cape Fear Collective 2
Schedule Of Equity Method Investments [Line Items]
Equity method investment ownership percentage			32.30%
Green Sun and Cape Fear Collective
Schedule Of Equity Method Investments [Line Items]
Equity method investment ownership percentage				99%
Green Sun, Sun Vest and HEP
Schedule Of Equity Method Investments [Line Items]
Equity method investment ownership percentage			99%

Securities - Carrying Amount of

Securities - Carrying Amount of Company Investments in Non Marketable Equity Securities with No Readily Determinable Fair Value and Amounts Recognized in Earnings on Cumulative Basis (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cumulative Adjustments Carrying value adjustments :
Carrying value	$ 76,438	$ 63,321	$ 31,146
Carrying value adjustments:
Cumulative adjustments, impairment	0
Impairment	0	0	0
Cumulative adjustments, upward changes for observable prices	50,492
Upward changes for observable prices	2,022	30,197	14,558
Cumulative adjustments, downward changes for observable prices	(86)
Downward changes for observable prices	0	0	0
Cumulative adjustments, net upward change	50,406
Net upward change	$ 2,022	$ 30,197	$ 14,558

Securities - Carrying Amount _2

Securities - Carrying Amount of Company Investments in Non Marketable Equity Securities with No Readily Determinable Fair Value and Amounts Recognized in Earnings on Cumulative Basis (Parenthetical) (Details) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]
Equity security investments, committed amount		$ 3,000	$ 2,800	$ 522
Realized cash gains for sale of investment	$ 13,900

Securities - Summary of Variabl

Securities - Summary of Variable Interest Entities Not Consolidated (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Schedule Of Equity Method Investments [Line Items]
Liability Recognized	$ 9,044,465	$ 7,498,260
Variable Interest Entity, Not Primary Beneficiary | Solar tax credit investments
Schedule Of Equity Method Investments [Line Items]
Carrying Amount	5,221	708
Maximum Exposure to Loss	24,295	4,100
Liability Recognized	2,641	0
Variable Interest Entity, Not Primary Beneficiary | Canapi Funds
Schedule Of Equity Method Investments [Line Items]
Carrying Amount	37,021	21,833
Maximum Exposure to Loss	37,021	21,833
Liability Recognized	20,474	7,608
Variable Interest Entity, Not Primary Beneficiary | Non-marketable and other equity investments
Schedule Of Equity Method Investments [Line Items]
Carrying Amount	15,764	13,225
Maximum Exposure to Loss	15,764	13,225
Liability Recognized	$ 3,033	$ 2,758

Loans and Leases Held for Inv_3

Loans and Leases Held for Investment and Credit Quality - Narrative (Details)	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($) securityLoan	Dec. 31, 2020 securityLoan
Accounts Notes And Loans Receivable [Line Items]
CARES ACT of 2020 government guarantee percentage	100%
Loans greater than 90 days or more past due still accruing	$ 0	$ 0
Interest income recognized on nonaccrual loans and leases	0	0
Accrued interest receivable on loans	$ 46,500,000	$ 31,000,000
Number of TDRs with subsequent default | securityLoan		1	0
Financing Receivable, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Commercial Real Estate | Small Business Banking | Payment Deferral
Accounts Notes And Loans Receivable [Line Items]
Recorded investment		$ 50,000

Loans and Leases Held for Inv_4

Loans and Leases Held for Investment and Credit Quality - Age Analysis of Past Due Loans and Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	$ 7,348,612	$ 5,526,866
Net deferred fees	(4,434)	(5,604)
Total	7,344,178	5,521,262
Loan And Leases Issued Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 2,771,263	$ 2,150,092
Total Loans and Leases, Percentage	37.70%	38.90%
Receivables Not Under the Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	$ 6,854,154	$ 4,881,665
Receivables Not Under the Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	4,817,193	3,368,221
Receivables Not Under the Fair Value Option | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,446,767	836,965
Receivables Not Under the Fair Value Option | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	577,060	408,104
Receivables Not Under the Fair Value Option | Paycheck Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	13,134	268,375
Receivables Not Under the Fair Value Option | Loan And Leases Issued Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 2,703,995	$ 2,072,370
Total Carried at Amortized Cost, Percentage	39.50%	42.50%
Receivables Under The Fair Value Option Member
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	$ 494,458	$ 645,201
Receivables Under The Fair Value Option Member | Loan And Leases Issued Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 67,268	$ 77,722
Loans Accounted for Under the Fair Value Option, Percentage	13.60%	12%
Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	$ 6,786,593	$ 4,829,994
Current | Receivables Not Under the Fair Value Option | Loan And Leases Issued Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 2,657,770	$ 2,037,509
Total Past Due Percentage	39.20%	42.20%
30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	$ 37,232	$ 26,440
30-89 Days Past Due | Receivables Not Under the Fair Value Option | Loan And Leases Issued Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 20,199	$ 18,421
Total Past Due Percentage	54.30%	69.70%
90 Days or More Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	$ 30,329	$ 25,231
90 Days or More Past Due | Receivables Not Under the Fair Value Option | Loan And Leases Issued Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 26,026	$ 16,440
Total Past Due Percentage	85.80%	65.20%
Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	$ 67,561	$ 51,671
Total Past Due | Receivables Not Under the Fair Value Option | Loan And Leases Issued Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 46,225	$ 34,861
Total Past Due Percentage	68.40%	67.50%
Commercial & Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	$ 3,478,443	$ 2,581,479
Commercial & Industrial | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,939,323	1,373,212
Commercial & Industrial | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,052,363	673,391
Commercial & Industrial | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	473,623	266,501
Commercial & Industrial | Paycheck Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	13,134	268,375
Commercial & Industrial | Receivables Not Under the Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	3,216,917	2,268,148
Commercial & Industrial | Receivables Not Under the Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,756,975	1,124,406
Commercial & Industrial | Receivables Not Under the Fair Value Option | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,023,279	642,444
Commercial & Industrial | Receivables Not Under the Fair Value Option | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	423,529	232,923
Commercial & Industrial | Receivables Not Under the Fair Value Option | Paycheck Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	13,134	268,375
Commercial & Industrial | Receivables Under The Fair Value Option Member
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	261,526	313,331
Commercial & Industrial | Receivables Under The Fair Value Option Member | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	182,348	248,806
Commercial & Industrial | Receivables Under The Fair Value Option Member | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	29,084	30,947
Commercial & Industrial | Receivables Under The Fair Value Option Member | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	50,094	33,578
Commercial & Industrial | Receivables Under The Fair Value Option Member | Paycheck Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Commercial & Industrial | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	3,175,361	2,246,175
Commercial & Industrial | Current | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,719,165	1,103,915
Commercial & Industrial | Current | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,022,615	642,444
Commercial & Industrial | Current | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	420,447	232,923
Commercial & Industrial | Current | Paycheck Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	13,134	266,893
Commercial & Industrial | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	21,987	13,239
Commercial & Industrial | 30-89 Days Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	21,589	13,171
Commercial & Industrial | 30-89 Days Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	398	0
Commercial & Industrial | 30-89 Days Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Commercial & Industrial | 30-89 Days Past Due | Paycheck Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	68
Commercial & Industrial | 90 Days or More Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	19,569	8,734
Commercial & Industrial | 90 Days or More Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	16,221	7,320
Commercial & Industrial | 90 Days or More Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	266	0
Commercial & Industrial | 90 Days or More Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	3,082	0
Commercial & Industrial | 90 Days or More Past Due | Paycheck Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	1,414
Commercial & Industrial | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	41,556	21,973
Commercial & Industrial | Total Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	37,810	20,491
Commercial & Industrial | Total Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	664	0
Commercial & Industrial | Total Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	3,082	0
Commercial & Industrial | Total Past Due | Paycheck Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	1,482
Construction & Development
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	590,565	359,166
Construction & Development | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	472,743	277,152
Construction & Development | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	104,069	40,805
Construction & Development | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	13,753	41,209
Construction & Development | Receivables Not Under the Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	590,565	359,166
Construction & Development | Receivables Not Under the Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	472,743	277,152
Construction & Development | Receivables Not Under the Fair Value Option | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	104,069	40,805
Construction & Development | Receivables Not Under the Fair Value Option | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	13,753	41,209
Construction & Development | Receivables Under The Fair Value Option Member
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | Receivables Under The Fair Value Option Member | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | Receivables Under The Fair Value Option Member | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | Receivables Under The Fair Value Option Member | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	589,065	357,800
Construction & Development | Current | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	471,243	275,786
Construction & Development | Current | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	104,069	40,805
Construction & Development | Current | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	13,753	41,209
Construction & Development | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,500	0
Construction & Development | 30-89 Days Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,500	0
Construction & Development | 30-89 Days Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | 30-89 Days Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | 90 Days or More Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	1,366
Construction & Development | 90 Days or More Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	1,366
Construction & Development | 90 Days or More Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | 90 Days or More Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,500	1,366
Construction & Development | Total Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,500	1,366
Construction & Development | Total Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | Total Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,804,846	2,152,353
Commercial Real Estate | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,321,476	1,845,184
Commercial Real Estate | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	321,469	156,065
Commercial Real Estate | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	161,901	151,104
Commercial Real Estate | Receivables Not Under the Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,614,078	1,882,016
Commercial Real Estate | Receivables Not Under the Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,154,881	1,594,328
Commercial Real Estate | Receivables Not Under the Fair Value Option | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	319,419	153,716
Commercial Real Estate | Receivables Not Under the Fair Value Option | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	139,778	133,972
Commercial Real Estate | Receivables Under The Fair Value Option Member
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	190,768	270,337
Commercial Real Estate | Receivables Under The Fair Value Option Member | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	166,595	250,856
Commercial Real Estate | Receivables Under The Fair Value Option Member | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,050	2,349
Commercial Real Estate | Receivables Under The Fair Value Option Member | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	22,123	17,132
Commercial Real Estate | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,593,153	1,863,138
Commercial Real Estate | Current | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,137,028	1,577,765
Commercial Real Estate | Current | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	319,419	153,716
Commercial Real Estate | Current | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	136,706	131,657
Commercial Real Estate | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	12,082	5,802
Commercial Real Estate | 30-89 Days Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	12,082	5,802
Commercial Real Estate | 30-89 Days Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Commercial Real Estate | 30-89 Days Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Commercial Real Estate | 90 Days or More Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	8,843	13,076
Commercial Real Estate | 90 Days or More Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	5,771	10,761
Commercial Real Estate | 90 Days or More Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Commercial Real Estate | 90 Days or More Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	3,072	2,315
Commercial Real Estate | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	20,925	18,878
Commercial Real Estate | Total Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	17,853	16,563
Commercial Real Estate | Total Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Commercial Real Estate | Total Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	3,072	2,315
Commercial Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	474,758	433,868
Commercial Land | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	474,758	433,868
Commercial Land | Receivables Not Under the Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	432,594	372,335
Commercial Land | Receivables Not Under the Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	432,594	372,335
Commercial Land | Receivables Under The Fair Value Option Member
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	42,164	61,533
Commercial Land | Receivables Under The Fair Value Option Member | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	42,164	61,533
Commercial Land | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	429,014	362,881
Commercial Land | Current | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	429,014	362,881
Commercial Land | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,663	7,399
Commercial Land | 30-89 Days Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,663	7,399
Commercial Land | 90 Days or More Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,917	2,055
Commercial Land | 90 Days or More Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,917	2,055
Commercial Land | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	3,580	9,454
Commercial Land | Total Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	$ 3,580	$ 9,454

Loans and Leases Held for Inv_5

Loans and Leases Held for Investment and Credit Quality - Age Analysis of Past Due Loans and Leases (Parenthetical) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	$ 6,854,154	$ 4,881,665
Total past due loans	7,344,178	5,521,262
Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	$ 2,703,995	$ 2,072,370

Loans and Leases Held for Inv_6

Loans and Leases Held for Investment and Credit Quality - Summary of Credit Quality Indicators by Portfolio Class (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment [Line Items]
Current fiscal year	$ 2,290,712	$ 1,914,034
Fiscal year before current fiscal year	2,015,005	1,201,243
Two years before current fiscal year	1,073,386	698,459
Three years before current fiscal year	595,376	422,078
Four years before current fiscal year	305,809	296,519
Prior	284,984	154,132
Revolving Loans Amortized Cost Basis	254,078	189,796
Revolving Loans Converted to Term	34,804	5,404
Total	7,348,612	5,526,866
Small Business Banking
Financing Receivable, Recorded Investment [Line Items]
Current fiscal year	1,444,930	1,062,130
Fiscal year before current fiscal year	1,422,748	881,568
Two years before current fiscal year	853,694	615,818
Three years before current fiscal year	495,583	360,557
Four years before current fiscal year	258,111	240,712
Prior	259,360	151,817
Revolving Loans Amortized Cost Basis	80,303	52,879
Revolving Loans Converted to Term	2,464	2,740
Specialty Lending
Financing Receivable, Recorded Investment [Line Items]
Current fiscal year	642,420	470,001
Fiscal year before current fiscal year	400,490	168,813
Two years before current fiscal year	157,290	47,806
Three years before current fiscal year	41,627	15,973
Four years before current fiscal year	11,139	1,835
Prior	788	0
Revolving Loans Amortized Cost Basis	161,024	129,873
Revolving Loans Converted to Term	31,989	2,664
Energy & Infrastructure
Financing Receivable, Recorded Investment [Line Items]
Current fiscal year	203,362	177,100
Fiscal year before current fiscal year	184,346	87,290
Two years before current fiscal year	56,689	34,835
Three years before current fiscal year	58,166	45,548
Four years before current fiscal year	36,559	53,972
Prior	24,836	2,315
Revolving Loans Amortized Cost Basis	12,751	7,044
Revolving Loans Converted to Term	351	0
Paycheck Protection Program
Financing Receivable, Recorded Investment [Line Items]
Current fiscal year	0	204,803
Fiscal year before current fiscal year	7,421	63,572
Two years before current fiscal year	5,713	0
Three years before current fiscal year	0	0
Four years before current fiscal year	0	0
Prior	0	0
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Receivables Not Under the Fair Value Option
Financing Receivable, Recorded Investment [Line Items]
Total	6,854,154	4,881,665
Receivables Not Under the Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment [Line Items]
Total	4,817,193	3,368,221
Receivables Not Under the Fair Value Option | Specialty Lending
Financing Receivable, Recorded Investment [Line Items]
Total	1,446,767	836,965
Receivables Not Under the Fair Value Option | Energy & Infrastructure
Financing Receivable, Recorded Investment [Line Items]
Total	577,060	408,104
Receivables Not Under the Fair Value Option | Paycheck Protection Program
Financing Receivable, Recorded Investment [Line Items]
Total	13,134	268,375
Risk Grades 1 - 4 | Small Business Banking
Financing Receivable, Recorded Investment [Line Items]
Current fiscal year	1,427,182	1,051,775
Fiscal year before current fiscal year	1,400,726	853,250
Two years before current fiscal year	795,647	522,407
Three years before current fiscal year	426,401	285,397
Four years before current fiscal year	217,893	188,858
Prior	204,933	116,645
Revolving Loans Amortized Cost Basis	65,455	46,356
Revolving Loans Converted to Term	1,738	1,771
Risk Grades 1 - 4 | Specialty Lending
Financing Receivable, Recorded Investment [Line Items]
Current fiscal year	635,079	467,751
Fiscal year before current fiscal year	355,785	168,067
Two years before current fiscal year	144,545	43,598
Three years before current fiscal year	25,849	10,413
Four years before current fiscal year	6,574	1,145
Prior	788	0
Revolving Loans Amortized Cost Basis	153,062	126,845
Revolving Loans Converted to Term	31,504	1,816
Risk Grades 1 - 4 | Energy & Infrastructure
Financing Receivable, Recorded Investment [Line Items]
Current fiscal year	199,338	177,100
Fiscal year before current fiscal year	176,855	70,343
Two years before current fiscal year	39,600	30,380
Three years before current fiscal year	51,190	32,040
Four years before current fiscal year	23,374	37,558
Prior	19,694	0
Revolving Loans Amortized Cost Basis	12,751	7,044
Revolving Loans Converted to Term	351	0
Risk Grades 1 - 4 | Paycheck Protection Program
Financing Receivable, Recorded Investment [Line Items]
Current fiscal year	0	204,803
Fiscal year before current fiscal year	7,421	63,572
Two years before current fiscal year	5,713	0
Three years before current fiscal year	0	0
Four years before current fiscal year	0	0
Prior	0	0
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Risk Grades 1 - 4 | Receivables Not Under the Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment [Line Items]
Total	4,539,975	3,066,459
Risk Grades 1 - 4 | Receivables Not Under the Fair Value Option | Specialty Lending
Financing Receivable, Recorded Investment [Line Items]
Total	1,353,186	819,635
Risk Grades 1 - 4 | Receivables Not Under the Fair Value Option | Energy & Infrastructure
Financing Receivable, Recorded Investment [Line Items]
Total	523,153	354,465
Risk Grades 1 - 4 | Receivables Not Under the Fair Value Option | Paycheck Protection Program
Financing Receivable, Recorded Investment [Line Items]
Total	13,134	268,375
Risk Grade 5 | Small Business Banking
Financing Receivable, Recorded Investment [Line Items]
Current fiscal year	15,942	7,838
Fiscal year before current fiscal year	17,745	19,651
Two years before current fiscal year	40,202	65,715
Three years before current fiscal year	45,712	60,615
Four years before current fiscal year	26,124	37,661
Prior	27,212	13,933
Revolving Loans Amortized Cost Basis	13,210	5,066
Revolving Loans Converted to Term	204	195
Risk Grade 5 | Specialty Lending
Financing Receivable, Recorded Investment [Line Items]
Current fiscal year	7,341	2,250
Fiscal year before current fiscal year	33,272	729
Two years before current fiscal year	12,329	1,042
Three years before current fiscal year	10,201	5,560
Four years before current fiscal year	4,399	690
Prior	0	0
Revolving Loans Amortized Cost Basis	6,619	2,953
Revolving Loans Converted to Term	248	848
Risk Grade 5 | Energy & Infrastructure
Financing Receivable, Recorded Investment [Line Items]
Current fiscal year	4,024	0
Fiscal year before current fiscal year	4,409	16,947
Two years before current fiscal year	500	4,455
Three years before current fiscal year	6,976	4,854
Four years before current fiscal year	4,706	16,414
Prior	5,142	0
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Risk Grade 5 | Receivables Not Under the Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment [Line Items]
Total	186,351	210,674
Risk Grade 5 | Receivables Not Under the Fair Value Option | Specialty Lending
Financing Receivable, Recorded Investment [Line Items]
Total	74,409	14,072
Risk Grade 5 | Receivables Not Under the Fair Value Option | Energy & Infrastructure
Financing Receivable, Recorded Investment [Line Items]
Total	25,757	42,670
Risk Grades 6 - 8 | Small Business Banking
Financing Receivable, Recorded Investment [Line Items]
Current fiscal year	1,806	2,517
Fiscal year before current fiscal year	4,277	8,667
Two years before current fiscal year	17,845	27,696
Three years before current fiscal year	23,470	14,545
Four years before current fiscal year	14,094	14,193
Prior	27,215	21,239
Revolving Loans Amortized Cost Basis	1,638	1,457
Revolving Loans Converted to Term	522	774
Risk Grades 6 - 8 | Specialty Lending
Financing Receivable, Recorded Investment [Line Items]
Current fiscal year	0	0
Fiscal year before current fiscal year	11,433	17
Two years before current fiscal year	416	3,166
Three years before current fiscal year	5,577	0
Four years before current fiscal year	166	0
Prior	0	0
Revolving Loans Amortized Cost Basis	1,343	75
Revolving Loans Converted to Term	237	0
Risk Grades 6 - 8 | Energy & Infrastructure
Financing Receivable, Recorded Investment [Line Items]
Current fiscal year	0	0
Fiscal year before current fiscal year	3,082	0
Two years before current fiscal year	16,589	0
Three years before current fiscal year	0	8,654
Four years before current fiscal year	8,479	0
Prior	0	2,315
Revolving Loans Amortized Cost Basis	0	0
Revolving Loans Converted to Term	0	0
Risk Grades 6 - 8 | Receivables Not Under the Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment [Line Items]
Total	90,867	91,088
Risk Grades 6 - 8 | Receivables Not Under the Fair Value Option | Specialty Lending
Financing Receivable, Recorded Investment [Line Items]
Total	19,172	3,258
Risk Grades 6 - 8 | Receivables Not Under the Fair Value Option | Energy & Infrastructure
Financing Receivable, Recorded Investment [Line Items]
Total	$ 28,150	$ 10,969

Loans and Leases Held for Inv_7

Loans and Leases Held for Investment and Credit Quality - Summary of Credit Quality Indicators by Portfolio Class (Parenthetical) (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	$ 6,854,154	$ 4,881,665
Loans and leases held for investment, net of allowance for credit losses on loans and leases	494,500	645,200
Risk Grades 1 - 4
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	6,429,448	4,508,932
Risk Grade 5
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	286,517	267,418
Risk Grades 6 - 8
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	138,189	105,315
Guaranteed Balance
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	2,703,995	2,072,370
Guaranteed Balance | Risk Grades 1 - 4
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	2,508,229	1,875,152
Guaranteed Balance | Risk Grade 5
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	115,573	134,221
Guaranteed Balance | Risk Grades 6 - 8
Financing Receivable, Recorded Investment [Line Items]
Total loans and leases receivable	$ 80,193	$ 62,997

Loans and Leases Held for Inv_8

Loans and Leases Held for Investment and Credit Quality - Summary of Guaranteed and Unguaranteed Loan and Lease Balance by Asset Quality Indicator (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment [Line Items]
Total	$ 6,854,154	$ 4,881,665
Loans and leases held for investment, net of allowance for credit losses on loans and leases	494,500	645,200
Guaranteed Balance
Financing Receivable, Recorded Investment [Line Items]
Total	2,703,995	2,072,370
Unguaranteed Balance
Financing Receivable, Recorded Investment [Line Items]
Total	$ 4,150,159	$ 2,809,295
% Guaranteed
Financing Receivable, Recorded Investment [Line Items]
% Guaranteed	39.50%	42.50%
Risk Grades 1 - 4
Financing Receivable, Recorded Investment [Line Items]
Total	$ 6,429,448	$ 4,508,932
Risk Grades 1 - 4 | Guaranteed Balance
Financing Receivable, Recorded Investment [Line Items]
Total	2,508,229	1,875,152
Risk Grades 1 - 4 | Unguaranteed Balance
Financing Receivable, Recorded Investment [Line Items]
Total	$ 3,921,219	$ 2,633,780
Risk Grades 1 - 4 | % Guaranteed
Financing Receivable, Recorded Investment [Line Items]
% Guaranteed	39%	41.60%
Risk Grade 5
Financing Receivable, Recorded Investment [Line Items]
Total	$ 286,517	$ 267,418
Risk Grade 5 | Guaranteed Balance
Financing Receivable, Recorded Investment [Line Items]
Total	115,573	134,221
Risk Grade 5 | Unguaranteed Balance
Financing Receivable, Recorded Investment [Line Items]
Total	$ 170,944	$ 133,197
Risk Grade 5 | % Guaranteed
Financing Receivable, Recorded Investment [Line Items]
% Guaranteed	40.30%	50.20%
Risk Grades 6 - 8
Financing Receivable, Recorded Investment [Line Items]
Total	$ 138,189	$ 105,315
Risk Grades 6 - 8 | Guaranteed Balance
Financing Receivable, Recorded Investment [Line Items]
Total	80,193	62,997
Risk Grades 6 - 8 | Unguaranteed Balance
Financing Receivable, Recorded Investment [Line Items]
Total	$ 57,996	$ 42,318
Risk Grades 6 - 8 | % Guaranteed
Financing Receivable, Recorded Investment [Line Items]
% Guaranteed	58%	59.80%

Loans and Leases Held for Inv_9

Loans and Leases Held for Investment and Credit Quality - Nonaccrual Loans and Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	$ 73,392	$ 42,533
Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	54,608	26,545
Unguaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	18,784	15,988
Unguaranteed Exposure with No ACL
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed exposure with no allowance	4,502	6,977
Commercial & Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	29,050	18,393
Commercial & Industrial | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	22,321	16,911
Commercial & Industrial | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	3,647
Commercial & Industrial | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	3,082
Commercial & Industrial | Payroll Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance		1,482
Commercial & Industrial | Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	22,480	15,463
Commercial & Industrial | Guaranteed Balance | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	19,302	13,981
Commercial & Industrial | Guaranteed Balance | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	384
Commercial & Industrial | Guaranteed Balance | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	2,794
Commercial & Industrial | Guaranteed Balance | Payroll Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance		1,482
Commercial & Industrial | Unguaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	6,570	2,930
Commercial & Industrial | Unguaranteed Balance | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	3,019	2,930
Commercial & Industrial | Unguaranteed Balance | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	3,263
Commercial & Industrial | Unguaranteed Balance | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	288
Commercial & Industrial | Unguaranteed Balance | Payroll Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance		0
Commercial & Industrial | Unguaranteed Exposure with No ACL
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed exposure with no allowance	695	0
Commercial & Industrial | Unguaranteed Exposure with No ACL | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed exposure with no allowance	407	0
Commercial & Industrial | Unguaranteed Exposure with No ACL | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed exposure with no allowance	0
Commercial & Industrial | Unguaranteed Exposure with No ACL | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed exposure with no allowance	288
Commercial & Industrial | Unguaranteed Exposure with No ACL | Payroll Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed exposure with no allowance		0
Construction & Development
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance		3,884
Construction & Development | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance		3,884
Construction & Development | Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance		1,201
Construction & Development | Guaranteed Balance | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance		1,201
Construction & Development | Unguaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance		2,683
Construction & Development | Unguaranteed Balance | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance		2,683
Construction & Development | Unguaranteed Exposure with No ACL
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed exposure with no allowance		0
Construction & Development | Unguaranteed Exposure with No ACL | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed exposure with no allowance		0
Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	37,592	14,725
Commercial Real Estate | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	34,520	12,410
Commercial Real Estate | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	3,072	2,315
Commercial Real Estate | Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	26,629	5,733
Commercial Real Estate | Guaranteed Balance | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	23,830	5,226
Commercial Real Estate | Guaranteed Balance | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	2,799	507
Commercial Real Estate | Unguaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	10,963	8,992
Commercial Real Estate | Unguaranteed Balance | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	10,690	7,184
Commercial Real Estate | Unguaranteed Balance | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	273	1,808
Commercial Real Estate | Unguaranteed Exposure with No ACL
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed exposure with no allowance	3,611	6,977
Commercial Real Estate | Unguaranteed Exposure with No ACL | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed exposure with no allowance	3,611	5,169
Commercial Real Estate | Unguaranteed Exposure with No ACL | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed exposure with no allowance	0	1,808
Commercial Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	6,750	5,531
Commercial Land | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	6,750	5,531
Commercial Land | Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	5,499	4,148
Commercial Land | Guaranteed Balance | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	5,499	4,148
Commercial Land | Unguaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	1,251	1,383
Commercial Land | Unguaranteed Balance | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual loans and leases balance	1,251	1,383
Commercial Land | Unguaranteed Exposure with No ACL
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed exposure with no allowance	196	0
Commercial Land | Unguaranteed Exposure with No ACL | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed exposure with no allowance	$ 196	$ 0

Loans and Leases Held for In_10

Loans and Leases Held for Investment and Credit Quality - Amortized Cost Basis of Collateral-Dependent Loans and Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	$ 6,854,154	$ 4,881,665
Collateral Dependent Loans, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	36,137	15,781
Collateral Dependent Loans, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	371	8,175
Collateral Dependent Loans, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	64
Unguaranteed Portion, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	20,639	8,246
Unguaranteed Portion, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	371	463
Unguaranteed Portion, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	13
Unguaranteed Portion
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, allowance for credit loss	443	958
Commercial & Industrial | Collateral Dependent Loans, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	19,108	698
Commercial & Industrial | Collateral Dependent Loans, Real Estate | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	2,730	698
Commercial & Industrial | Collateral Dependent Loans, Real Estate | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0
Commercial & Industrial | Collateral Dependent Loans, Real Estate | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	16,378
Commercial & Industrial | Collateral Dependent Loans, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	371	7,475
Commercial & Industrial | Collateral Dependent Loans, Business Assets | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	7,475
Commercial & Industrial | Collateral Dependent Loans, Business Assets | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	371
Commercial & Industrial | Collateral Dependent Loans, Business Assets | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0
Commercial & Industrial | Collateral Dependent Loans, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial & Industrial | Collateral Dependent Loans, Other | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial & Industrial | Collateral Dependent Loans, Other | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0
Commercial & Industrial | Collateral Dependent Loans, Other | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0
Commercial & Industrial | Unguaranteed Portion, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	13,997	152
Commercial & Industrial | Unguaranteed Portion, Real Estate | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	414	152
Commercial & Industrial | Unguaranteed Portion, Real Estate | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0
Commercial & Industrial | Unguaranteed Portion, Real Estate | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	13,583
Commercial & Industrial | Unguaranteed Portion, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	371	449
Commercial & Industrial | Unguaranteed Portion, Business Assets | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	449
Commercial & Industrial | Unguaranteed Portion, Business Assets | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	371
Commercial & Industrial | Unguaranteed Portion, Business Assets | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0
Commercial & Industrial | Unguaranteed Portion, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial & Industrial | Unguaranteed Portion, Other | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial & Industrial | Unguaranteed Portion, Other | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0
Commercial & Industrial | Unguaranteed Portion, Other | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0
Commercial & Industrial | Unguaranteed Portion
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, allowance for credit loss	291	235
Commercial & Industrial | Unguaranteed Portion | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, allowance for credit loss	0	235
Commercial & Industrial | Unguaranteed Portion | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, allowance for credit loss	291
Commercial & Industrial | Unguaranteed Portion | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, allowance for credit loss	0
Construction & Development | Collateral Dependent Loans, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		3,858
Construction & Development | Collateral Dependent Loans, Real Estate | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		3,858
Construction & Development | Collateral Dependent Loans, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		0
Construction & Development | Collateral Dependent Loans, Business Assets | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		0
Construction & Development | Collateral Dependent Loans, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		0
Construction & Development | Collateral Dependent Loans, Other | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		0
Construction & Development | Unguaranteed Portion, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		2,657
Construction & Development | Unguaranteed Portion, Real Estate | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		2,657
Construction & Development | Unguaranteed Portion, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		0
Construction & Development | Unguaranteed Portion, Business Assets | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		0
Construction & Development | Unguaranteed Portion, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		0
Construction & Development | Unguaranteed Portion, Other | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		0
Construction & Development | Unguaranteed Portion
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, allowance for credit loss		57
Construction & Development | Unguaranteed Portion | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, allowance for credit loss		57
Commercial Real Estate | Collateral Dependent Loans, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	15,286	5,684
Commercial Real Estate | Collateral Dependent Loans, Real Estate | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	15,286	5,172
Commercial Real Estate | Collateral Dependent Loans, Real Estate | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		512
Commercial Real Estate | Collateral Dependent Loans, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	700
Commercial Real Estate | Collateral Dependent Loans, Business Assets | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	700
Commercial Real Estate | Collateral Dependent Loans, Business Assets | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		0
Commercial Real Estate | Collateral Dependent Loans, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	64
Commercial Real Estate | Collateral Dependent Loans, Other | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	64
Commercial Real Estate | Collateral Dependent Loans, Other | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		0
Commercial Real Estate | Unguaranteed Portion, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	6,440	4,044
Commercial Real Estate | Unguaranteed Portion, Real Estate | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	6,440	4,038
Commercial Real Estate | Unguaranteed Portion, Real Estate | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		6
Commercial Real Estate | Unguaranteed Portion, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	14
Commercial Real Estate | Unguaranteed Portion, Business Assets | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	14
Commercial Real Estate | Unguaranteed Portion, Business Assets | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		0
Commercial Real Estate | Unguaranteed Portion, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	13
Commercial Real Estate | Unguaranteed Portion, Other | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	13
Commercial Real Estate | Unguaranteed Portion, Other | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable		0
Commercial Real Estate | Unguaranteed Portion
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, allowance for credit loss	152	65
Commercial Real Estate | Unguaranteed Portion | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, allowance for credit loss	152	65
Commercial Real Estate | Unguaranteed Portion | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, allowance for credit loss		0
Commercial Land | Collateral Dependent Loans, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	1,743	5,541
Commercial Land | Collateral Dependent Loans, Real Estate | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	1,743	5,541
Commercial Land | Collateral Dependent Loans, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Land | Collateral Dependent Loans, Business Assets | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Land | Collateral Dependent Loans, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Land | Collateral Dependent Loans, Other | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Land | Unguaranteed Portion, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	202	1,393
Commercial Land | Unguaranteed Portion, Real Estate | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	202	1,393
Commercial Land | Unguaranteed Portion, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Land | Unguaranteed Portion, Business Assets | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Land | Unguaranteed Portion, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Land | Unguaranteed Portion, Other | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Land | Unguaranteed Portion
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, allowance for credit loss	0	601
Commercial Land | Unguaranteed Portion | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, allowance for credit loss	$ 0	$ 601

Loans and Leases Held for In_11

Loans and Leases Held for Investment and Credit Quality - Activity in the Allowance for Credit Losses by Portfolio Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Allowance for Loan Losses:
Beginning Balance	$ 63,584	$ 52,306	$ 28,234
Impact of adopting ASC 326			(1,321)
Charge offs	(10,377)	(5,917)	(15,392)
Recoveries	2,416	1,985	127
Provision	40,943	15,210	40,658
Ending Balance	96,566	63,584	52,306
Commercial & Industrial
Allowance for Loan Losses:
Beginning Balance	37,770	26,941	15,757
Impact of adopting ASC 326			(4,561)
Charge offs	(8,262)	(2,912)	(4,401)
Recoveries	1,039	172	84
Provision	34,448	13,569	20,062
Ending Balance	64,995	37,770	26,941
Construction & Development
Allowance for Loan Losses:
Beginning Balance	3,435	5,663	2,732
Impact of adopting ASC 326			1,131
Charge offs	0	(262)	0
Recoveries	3	0	0
Provision	1,663	(1,966)	1,800
Ending Balance	5,101	3,435	5,663
Commercial Real Estate
Allowance for Loan Losses:
Beginning Balance	19,068	18,148	8,427
Impact of adopting ASC 326			1,916
Charge offs	(1,463)	(2,731)	(10,347)
Recoveries	1,363	1,813	28
Provision	3,933	1,838	18,124
Ending Balance	22,901	19,068	18,148
Commercial Land
Allowance for Loan Losses:
Beginning Balance	3,311	1,554	1,318
Impact of adopting ASC 326			193
Charge offs	(652)	(12)	(644)
Recoveries	11	0	15
Provision	899	1,769	672
Ending Balance	$ 3,569	$ 3,311	$ 1,554

Loans and Leases Held for In_12

Loans and Leases Held for Investment and Credit Quality - Schedule of Troubled Debt Restructurings (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) securityLoan	Dec. 31, 2021 USD ($) securityLoan	Dec. 31, 2020 USD ($) securityLoan
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	18,000	10	16
Recorded investment at period end | $	$ 40,346	$ 16,330	$ 28,724
Number of TDRs with subsequent default | securityLoan		1	0
Interest Only
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	1,000	0	0
Recorded investment at period end | $	$ 3,677	$ 0	$ 0
Payment Deferral
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	9,000	8	9
Recorded investment at period end | $	$ 13,775	$ 12,710	$ 9,260
Extend Amortization
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	5,000	1	4
Recorded investment at period end | $	$ 19,323	$ 496	$ 7,075
Other
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	3,000	1	3
Recorded investment at period end | $	$ 3,571	$ 3,124	$ 12,389
Commercial & Industrial
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	13,000	4	9
Recorded investment at period end | $	$ 28,427	$ 6,593	$ 2,488
Number of TDRs with subsequent default | securityLoan	4
Recorded investment | $	$ 1,258
Commercial & Industrial | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	11,000	4	7
Recorded investment at period end | $	$ 10,727	$ 6,593	$ 2,065
Number of TDRs with subsequent default | securityLoan	4
Recorded investment | $	$ 1,258
Commercial & Industrial | Specialty Lending
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	1,000		2
Recorded investment at period end | $	$ 4,183		$ 423
Commercial & Industrial | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	1,000
Recorded investment at period end | $	$ 13,517
Commercial & Industrial | Interest Only
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	0	0	0
Recorded investment at period end | $	$ 0	$ 0	$ 0
Number of TDRs with subsequent default | securityLoan	0
Recorded investment | $	$ 0
Commercial & Industrial | Interest Only | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	0	0	0
Recorded investment at period end | $	$ 0	$ 0	$ 0
Number of TDRs with subsequent default | securityLoan	0
Recorded investment | $	$ 0
Commercial & Industrial | Interest Only | Specialty Lending
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	0		0
Recorded investment at period end | $	$ 0		$ 0
Commercial & Industrial | Interest Only | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	0
Recorded investment at period end | $	$ 0
Commercial & Industrial | Payment Deferral
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	8,000	3	6
Recorded investment at period end | $	$ 12,978	$ 6,097	$ 1,895
Number of TDRs with subsequent default | securityLoan	2
Recorded investment | $	$ 940
Commercial & Industrial | Payment Deferral | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	7,000	3	6
Recorded investment at period end | $	$ 8,795	$ 6,097	$ 1,895
Number of TDRs with subsequent default | securityLoan	2
Recorded investment | $	$ 940
Commercial & Industrial | Payment Deferral | Specialty Lending
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	1,000		0
Recorded investment at period end | $	$ 4,183		$ 0
Commercial & Industrial | Payment Deferral | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	0
Recorded investment at period end | $	$ 0
Commercial & Industrial | Extend Amortization
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	4,000	1	2
Recorded investment at period end | $	$ 14,959	$ 496	$ 423
Number of TDRs with subsequent default | securityLoan	2
Recorded investment | $	$ 318
Commercial & Industrial | Extend Amortization | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	3,000	1	0
Recorded investment at period end | $	$ 1,442	$ 496	$ 0
Number of TDRs with subsequent default | securityLoan	2
Recorded investment | $	$ 318
Commercial & Industrial | Extend Amortization | Specialty Lending
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	0		2
Recorded investment at period end | $	$ 0		$ 423
Commercial & Industrial | Extend Amortization | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	1,000
Recorded investment at period end | $	$ 13,517
Commercial & Industrial | Other
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	1,000	0	1
Recorded investment at period end | $	$ 490	$ 0	$ 170
Number of TDRs with subsequent default | securityLoan	0
Recorded investment | $	$ 0
Commercial & Industrial | Other | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	1,000	0	1
Recorded investment at period end | $	$ 490	$ 0	$ 170
Number of TDRs with subsequent default | securityLoan	0
Recorded investment | $	$ 0
Commercial & Industrial | Other | Specialty Lending
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	0		0
Recorded investment at period end | $	$ 0		$ 0
Commercial & Industrial | Other | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan
Recorded investment at period end | $
Commercial Real Estate
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	3,000		5
Recorded investment at period end | $	$ 8,838		$ 19,584
Commercial Real Estate | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	3,000	6	2
Recorded investment at period end | $	$ 8,838	$ 9,737	$ 3,738
Commercial Real Estate | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			3
Recorded investment at period end | $			$ 15,846
Commercial Real Estate | Interest Only
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	1,000	0	0
Recorded investment at period end | $	$ 3,677	$ 0	$ 0
Commercial Real Estate | Interest Only | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	1,000	0	0
Recorded investment at period end | $	$ 3,677	$ 0	$ 0
Commercial Real Estate | Interest Only | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			0
Recorded investment at period end | $			$ 0
Commercial Real Estate | Payment Deferral
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	1,000	5	3
Recorded investment at period end | $	$ 797	$ 6,613	$ 7,365
Commercial Real Estate | Payment Deferral | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	1,000	5	2
Recorded investment at period end | $	$ 797	$ 6,613	$ 3,738
Recorded investment | $		$ 50
Commercial Real Estate | Payment Deferral | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			1
Recorded investment at period end | $			$ 3,627
Commercial Real Estate | Extend Amortization
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	1,000		0
Recorded investment at period end | $	$ 4,364		$ 0
Commercial Real Estate | Extend Amortization | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	1,000	0	0
Recorded investment at period end | $	$ 4,364	$ 0	$ 0
Commercial Real Estate | Extend Amortization | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			0
Recorded investment at period end | $			$ 0
Commercial Real Estate | Other
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	0	1	2
Recorded investment at period end | $	$ 0	$ 3,124	$ 12,219
Commercial Real Estate | Other | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	0	1	0
Recorded investment at period end | $	$ 0	$ 3,124	$ 0
Commercial Real Estate | Other | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			2
Recorded investment at period end | $			$ 12,219
Construction & Development
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	2,000	6	1
Recorded investment at period end | $	$ 3,081	$ 9,737	$ 1,787
Construction & Development | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	2,000		1
Recorded investment at period end | $	$ 3,081		$ 1,787
Construction & Development | Interest Only
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	0		0
Recorded investment at period end | $	$ 0		$ 0
Construction & Development | Interest Only | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	0		0
Recorded investment at period end | $	$ 0		$ 0
Construction & Development | Payment Deferral
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	0		0
Recorded investment at period end | $	$ 0		$ 0
Construction & Development | Payment Deferral | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	0		0
Recorded investment at period end | $	$ 0		$ 0
Construction & Development | Extend Amortization
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	0	0	1
Recorded investment at period end | $	$ 0	$ 0	$ 1,787
Construction & Development | Extend Amortization | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	0		1
Recorded investment at period end | $	$ 0		$ 1,787
Construction & Development | Other
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	2,000		0
Recorded investment at period end | $	$ 3,081		$ 0
Construction & Development | Other | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	2,000		0
Recorded investment at period end | $	$ 3,081		$ 0
Commercial Land
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			1
Recorded investment at period end | $			$ 4,865
Commercial Land | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			1
Recorded investment at period end | $			$ 4,865
Commercial Land | Interest Only
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			0
Recorded investment at period end | $			$ 0
Commercial Land | Interest Only | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			0
Recorded investment at period end | $			$ 0
Commercial Land | Payment Deferral
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			0
Recorded investment at period end | $			$ 0
Commercial Land | Payment Deferral | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			0
Recorded investment at period end | $			$ 0
Commercial Land | Extend Amortization
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			1
Recorded investment at period end | $			$ 4,865
Commercial Land | Extend Amortization | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			1
Recorded investment at period end | $			$ 4,865
Commercial Land | Other
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			0
Recorded investment at period end | $			$ 0
Commercial Land | Other | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			0
Recorded investment at period end | $			$ 0

Loans and Leases Held for In_13

Loans and Leases Held for Investment and Credit Quality - Schedule of Troubled Debt Restructurings (Parenthetical) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) securityLoan	Dec. 31, 2021 USD ($) securityLoan	Dec. 31, 2020 USD ($) securityLoan
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	18,000	10	16
Recorded investment at period end	$ 40,346	$ 16,330	$ 28,724
Commercial & Industrial
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	13,000	4	9
Recorded investment at period end	$ 28,427	$ 6,593	$ 2,488
Recorded investment	$ 1,258
Commercial & Industrial | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	11,000	4	7
Recorded investment at period end	$ 10,727	$ 6,593	$ 2,065
Recorded investment	$ 1,258
Commercial & Industrial | Specialty Lending
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	1,000		2
Recorded investment at period end	$ 4,183		$ 423
Commercial & Industrial | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	1,000
Recorded investment at period end	$ 13,517
Commercial & Industrial | Extended Amortization and Rate Concession | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	1	1
Recorded investment at period end	$ 490	$ 3,100
Commercial & Industrial | Interest Only And Rate Concession | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			1
Recorded investment at period end			$ 170
Commercial Real Estate
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	3,000		5
Recorded investment at period end	$ 8,838		$ 19,584
Commercial Real Estate | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	3,000	6	2
Recorded investment at period end	$ 8,838	$ 9,737	$ 3,738
Commercial Real Estate | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			3
Recorded investment at period end			$ 15,846
Commercial Real Estate | Interest Only And Rate Concession | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan			2
Recorded investment at period end			$ 12,200
Construction & Development
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	2,000	6	1
Recorded investment at period end	$ 3,081	$ 9,737	$ 1,787
Construction & Development | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	2,000		1
Recorded investment at period end	$ 3,081		$ 1,787
Construction & Development | Extended Amortization and Interest Only | Small Business Banking
Financing Receivable Modifications [Line Items]
Number of Loans | securityLoan	2
Recorded investment at period end	$ 3,100

Leases - Direct Financing Lease

Leases - Direct Financing Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Gross direct finance lease payments receivable	$ 4,284	$ 7,333
Less - unearned interest	(479)	(998)
Net investment in direct financing leases	$ 3,805	$ 6,335

Leases - Future Minimum Finance

Leases - Future Minimum Finance Lease Payments Receivable (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Leases [Abstract]
2023	$ 1,803
2024	1,374
2025	990
2026	117
Total	$ 4,284

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($) lease	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Lessor Lease Description [Line Items]
Direct financing lease, interest income	$ 393	$ 669	$ 838
Premises and equipment, net	114,200	123,900
Premises and equipment, gross	163,400	163,400
Premises and equipment, accumulated depreciation	49,200	39,500
Premises and equipment, depreciation expense	9,700	9,700	9,800
Lease income	$ 9,500	$ 9,500	$ 9,500
Lessee, operating lease, number of leases on which options to extend lease term will certainly be exercised | lease	1
Minimum
Lessor Lease Description [Line Items]
Operating lease, remaining lease term	1 year
Maximum
Lessor Lease Description [Line Items]
Operating lease, remaining lease term	24 years
Lessee, operating lease, renewal term	20 years

Leases - Maturity Analysis of F

Leases - Maturity Analysis of Future Minimum Operating Lease Payments Receivable (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Leases [Abstract]
2023	$ 9,041
2024	8,808
2025	8,935
2026	8,923
2027	8,690
Thereafter	13,563
Total	$ 57,960

Leases - Summary of Components

Leases - Summary of Components of Lease Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease cost	$ 1,224	$ 635
Short-term lease cost	99	96
Finance lease cost:
Amortization of right-of-use assets	4	3
Interest expense on lease liabilities	0	0
Total net lease cost	$ 1,327	$ 734

Leases - Summary of Consolidate

Leases - Summary of Consolidated Balance Sheet Related to Finance Leases (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease right-of-use asset	$ 2,118	$ 2,228
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other assets	Other assets
Operating lease liability	$ 2,558	$ 2,436
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Other Liabilities [Member]	Other Liabilities [Member]
Finance lease right-of-use asset	$ 0	$ 4
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other assets	Other assets
Finance lease liability	$ 0	$ 4
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Other liabilities	Other liabilities
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]	Lease income	Lease income

Leases - Summary of Weighted Av

Leases - Summary of Weighted Average Remaining Lease Term and Weighted Average Discount Rate for Leases (Details)	Dec. 31, 2022	Dec. 31, 2021
Weighted average remaining lease term (years)
Operating leases	10 years 7 months 13 days	12 years 4 months 6 days
Finance lease	0 years	11 months 1 day
Weighted average discount rate
Operating leases	3.14%	2.74%
Finance lease	0%	3.10%

Leases - Summary of Operating a

Leases - Summary of Operating and Finance Lease Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Operating Leases
2023	$ 696
2024	421
2025	244
2026	197
2027	201
Thereafter	1,438
Total lease payments	3,197
Less: imputed interest	(639)
Total lease liabilities	$ 2,558	$ 2,436

Servicing Assets - Narrative (D

Servicing Assets - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Servicing Assets at Fair Value [Line Items]
Unpaid principal balance of loans serviced for others requiring recognition of a servicing asset	$ 2,670	$ 2,290	$ 2,210
Unpaid principal balances of loan serviced for others	$ 3,480	$ 3,300	$ 3,210
Servicing Asset, Fair Value, Change in Fair Value, Other, Statement of Income or Comprehensive Income [Extensible Enumeration]	Loan servicing asset revaluation	Loan servicing asset revaluation
Weighted Average
Servicing Assets at Fair Value [Line Items]
Fair value of servicing rights, discount rate	20.80%	13.20%
Fair value of servicing rights, prepayment rate	15.70%	16.20%

Servicing Assets - Summary of A

Servicing Assets - Summary of Activity Pertaining to Servicing Rights (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Servicing Asset at Fair Value, Amount [Roll Forward]
Balance at beginning of period	$ 33,574	$ 33,918
Additions, net	9,326	11,382
Fair value changes:
Due to changes in valuation inputs or assumptions	(5,934)	(982)
Decay due to increases in principal paydowns or runoff	(10,643)	(10,744)
Balance at end of period	$ 26,323	$ 33,574

Premises and Equipment - Compon

Premises and Equipment - Components of Premises and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Premises and equipment, total	$ 360,117	$ 317,633
Less accumulated depreciation	(96,827)	(77,437)
Premises and equipment, net of depreciation	263,290	240,196
Buildings
Property, Plant and Equipment [Line Items]
Premises and equipment, total	54,746	54,746
Land improvements
Property, Plant and Equipment [Line Items]
Premises and equipment, total	5,180	5,180
Furniture and equipment
Property, Plant and Equipment [Line Items]
Premises and equipment, total	19,117	18,683
Hardware and software
Property, Plant and Equipment [Line Items]
Premises and equipment, total	10,264	8,399
Leasehold improvements
Property, Plant and Equipment [Line Items]
Premises and equipment, total	7,705	8,106
Land
Property, Plant and Equipment [Line Items]
Premises and equipment, total	15,982	8,650
Transportation
Property, Plant and Equipment [Line Items]
Premises and equipment, total	49,766	49,766
Solar panels
Property, Plant and Equipment [Line Items]
Premises and equipment, total	163,391	163,391
Deposits on fixed assets
Property, Plant and Equipment [Line Items]
Premises and equipment, total	33,966	$ 712
Buildings, Temporarily Idle
Property, Plant and Equipment [Line Items]
Premises and equipment, total	$ 11,300

Premises and Equipment - Narrat

Premises and Equipment - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Depreciation	$ 20,600	$ 21,200	$ 21,600
Purchase of building and land	43,751	3,082	$ 20,989
Value of building temporarily idle	360,117	$ 317,633
Land and Building
Property, Plant and Equipment [Line Items]
Purchase of building and land	18,300
Buildings, Temporarily Idle
Property, Plant and Equipment [Line Items]
Value of building temporarily idle	$ 11,300

Deposits - Types of Deposits (D

Deposits - Types of Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deposits Liabilities, Balance Sheet, Reported Amounts [Abstract]
Noninterest-bearing deposits	$ 194,100	$ 89,279
Interest-bearing deposits:
Money market	128,443	105,628
Savings	4,096,576	3,507,354
Time deposits	4,465,809	3,409,783
Total	8,690,828	7,022,765
Total deposits	$ 8,884,928	$ 7,112,044

Deposits - Narrative (Details)

Deposits - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Deposits Liabilities, Balance Sheet, Reported Amounts [Abstract]
Aggregate amount of time deposits in denominations of $250 thousand or more	$ 629.1	$ 564.8

Deposits - Scheduled Maturities

Deposits - Scheduled Maturities of Total Time Deposits (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Deposits Liabilities, Balance Sheet, Reported Amounts [Abstract]
2023	$ 2,350,669
2024	620,558
2025	431,735
2026	356,022
2027	266,189
Thereafter	440,636
Total	$ 4,465,809

Borrowings - Total Outstanding

Borrowings - Total Outstanding Borrowings (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Borrowings	$ 83,203	$ 318,289
Federal Funds Purchased
Debt Instrument [Line Items]
Borrowings	50,000	0
Third Party Correspondent Bank | Revolving Line of Credit
Debt Instrument [Line Items]
Borrowings	0	8,000
Third Party Correspondent Bank | Term Loan
Debt Instrument [Line Items]
Borrowings	33,203	42,734
Federal Reserve Bank | Paycheck Protection Program Liquidity Facility
Debt Instrument [Line Items]
Borrowings	0	267,550
Other Long Term Debt
Debt Instrument [Line Items]
Borrowings	$ 0	$ 5

Borrowings - Total Outstandin_2

Borrowings - Total Outstanding Borrowings (Parenthetical) (Details) - USD ($)		1 Months Ended
	Oct. 20, 2021	Mar. 31, 2021	Dec. 31, 2022	Mar. 16, 2022	Dec. 31, 2021	Dec. 20, 2021	Oct. 19, 2021	Sep. 30, 2020	Apr. 30, 2020
Federal Funds Purchased
Debt Instrument [Line Items]
Advance from overnight Fed Funds line of credit			$ 50,000,000		$ 0
Federal home loan bank, advances, interest rate			4.65%
Fed Funds line of credit, available credit remaining			$ 50,000,000
Third Party Correspondent Bank | Revolving Line of Credit
Debt Instrument [Line Items]
Non-refundable loan origination fee	$ 750,000
Line of credit, maximum borrowing capacity	$ 100,000,000						$ 50,000,000	$ 50,000,000
Debt instrument, maturity date	Oct. 10, 2025
Line of credit, advances				$ 12,000,000		$ 8,000,000
Current available credit facility			$ 100,000,000
Third Party Correspondent Bank | SOFR | Revolving Line of Credit
Debt Instrument [Line Items]
Basis spread on variable rate	1.25%
Debt instrument interest rate cap	4.25%
Debt instrument interest rate floor	2.75%
Third Party Correspondent Bank | Minimum | Revolving Line of Credit
Debt Instrument [Line Items]
Debt instrument term	12 months
Third Party Correspondent Bank | Maximum | Revolving Line of Credit
Debt Instrument [Line Items]
Debt instrument term	36 months
Third Party Correspondent Bank | Term Loan
Debt Instrument [Line Items]
Debt instrument term		60 months
Debt instrument face amount		$ 50,000,000
Debt instrument fixed interest rate		2.95%
Non-refundable loan origination fee		$ 325,000
Debt instrument, maturity date		Mar. 30, 2026
Federal Reserve Bank | Paycheck Protection Program Liquidity Facility
Debt Instrument [Line Items]
Debt instrument fixed interest rate									0.35%

Borrowings - Narrative (Details

Borrowings - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
FHLB maximum amount available	$ 2,310,000,000	$ 2,020,000,000
Repurchased agreements, borrowing capacity	5,000,000	5,000,000
Repurchases agreements, outstanding balance	$ 0	0
Revolving Line of Credit
Debt Instrument [Line Items]
Debt instrument accrued interest term	The line of credit is unsecured and accrues interest at 30-day SOFR plus 1.25%, with an interest rate cap of 4.25% and an interest rate floor of 2.75%. Payments are interest only with all principal and accrued interest due at maturity on October 10, 2024.
Federal Funds Purchased
Debt Instrument [Line Items]
FHLB maximum amount available	$ 164,500,000	167,500,000
Lines of credit, outstanding	50,000,000	0
Federal Reserve Bank | Federal Reserve Bank
Debt Instrument [Line Items]
Collateral amount	2,810,000,000	2,440,000,000
Remaining available credit facility	2,350,000,000	2,040,000,000
Short term borrowings	$ 0	$ 0

Income Taxes - Income Tax Expen

Income Taxes - Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Current income tax expense:
Federal	$ 3,686	$ 12,774	$ 2,071
State	3,301	6,211	3,222
Total current tax expense	6,987	18,985	5,293
Deferred income tax expense (benefit):
Federal	23,838	22,886	(12,946)
State	3,291	1,922	(4,501)
Total deferred tax expense (benefit)	27,129	24,808	(17,447)
Income tax expense (benefit), as reported	$ 34,116	$ 43,793	$ (12,154)

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Federal statutory income tax rate	21%	21%	21%

Income Taxes - Effective Income

Income Taxes - Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income tax expense computed at the statutory rate	$ 44,168	$ 44,266	$ 9,952
State income tax expense (benefit), net of federal	5,899	6,426	(1,009)
Stock-based compensation expense	73	(4,689)	(17,489)
Decrease in taxes due to investment tax credit	(16,361)	(3,392)	0
Amended return net benefits	(3,261)	0	0
Net operating loss carryback arising from CARES Act	0	0	(3,732)
Other	3,598	1,182	124
Income tax expense (benefit), as reported	$ 34,116	$ 43,793	$ (12,154)

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets:
Net unrealized losses on securities available for sale	$ 29,153	$ 0
Allowance for loan and lease losses	27,159	19,918
Stock-based compensation expense	5,248	3,720
Capitalized research and experimentation costs	3,780	0
Accrued expenses	1,070	2,247
Operating lease liabilities	618	584
Goodwill and intangibles	14	71
Mark to market on loans held for sale	0	24,213
Deferred loan fees and costs, net	0	3,388
Other	1,147	1,474
Total deferred tax assets	68,189	55,615
Deferred tax liabilities:
Premises and equipment	39,054	41,038
Net unrealized gains on non-marketable and other equity securities	22,309	23,273
Mark to market on loans held for sale	14,036	0
Unguaranteed loan discount	4,309	6,171
Deferred loan fees and costs, net	1,332	0
Operating lease right-of-use assets	511	534
Net unrealized gains on securities available for sale	0	614
Other	13	0
Total deferred tax liabilities	81,564	71,630
Net deferred tax (liability) asset	$ (13,375)	$ (16,015)

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Rollforward of Level 3 Equity Warrant Asset Fair Values (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Balance at beginning of period	$ 1,672	$ 908
Issuances	833	229
Net gains on derivative instruments	671	1,088
Settlements	(966)	(553)
Balance at end of period	$ 2,210	$ 1,672
Fair Value Recurring Basis Unobservable Input Reconciliation Net Derivative Asset Liability Gain Loss Statement Of Income Extensible List Not Disclosed Flag	Net gains on derivative instruments	Net gains on derivative instruments

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Recorded Amount of Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	$ 1,014,719	$ 906,052
Loans held for sale		25,310
Loans held for investment	494,500	645,200
Servicing assets	26,323	33,574	$ 33,918
US government agencies
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	15,668	10,637
Mortgage-backed securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	995,574	889,339
Municipal bonds
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	2,977	3,576
Other debt securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	500	2,500
Recurring
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loans held for sale		25,310
Loans held for investment	494,458	645,201
Servicing assets	26,323	33,574
Equity warrant assets	2,210	1,672
Total assets at fair value	1,539,366	1,614,188
Recurring | US government agencies
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	15,668	10,637
Recurring | Mortgage-backed securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	995,574	889,339
Recurring | Municipal bonds
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	2,977	3,576
Recurring | Other debt securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	500	2,500
Recurring | Mutual fund
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Mutual fund	1,656	2,379
Recurring | Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loans held for sale		0
Loans held for investment	0	0
Servicing assets	0	0
Equity warrant assets	0	0
Total assets at fair value	0	0
Recurring | Level 1 | US government agencies
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	0	0
Recurring | Level 1 | Mortgage-backed securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	0	0
Recurring | Level 1 | Municipal bonds
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	0	0
Recurring | Level 1 | Other debt securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	0	0
Recurring | Level 1 | Mutual fund
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Mutual fund	0	0
Recurring | Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loans held for sale		0
Loans held for investment	0	0
Servicing assets	0	0
Equity warrant assets	0	0
Total assets at fair value	1,016,282	908,335
Recurring | Level 2 | US government agencies
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	15,668	10,637
Recurring | Level 2 | Mortgage-backed securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	995,574	889,339
Recurring | Level 2 | Municipal bonds
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	2,884	3,480
Recurring | Level 2 | Other debt securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	500	2,500
Recurring | Level 2 | Mutual fund
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Mutual fund	1,656	2,379
Recurring | Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Loans held for sale		25,310
Loans held for investment	494,458	645,201
Servicing assets	26,323	33,574
Equity warrant assets	2,210	1,672
Total assets at fair value	523,084	705,853
Recurring | Level 3 | US government agencies
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	0	0
Recurring | Level 3 | Mortgage-backed securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	0	0
Recurring | Level 3 | Municipal bonds
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	93	96
Recurring | Level 3 | Other debt securities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Investment securities available-for-sale	0	0
Recurring | Level 3 | Mutual fund
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Mutual fund	$ 0	$ 0

Fair Value of Financial Instr_5

Fair Value of Financial Instruments - Recorded Amount of Assets and Liabilities Measured at Fair Value on a Recurring Basis (Parenthetical) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Principal paydown value	$ 1
Fair value adjustment gain (loss)	$ (2)	$ 1

Fair Value of Financial Instr_6

Fair Value of Financial Instruments - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Fair value option that were 90 days or more past due and still accruing	$ 0	$ 0
Unpaid principal balance of unguaranteed exposure for nonaccruals	7,200,000	6,900,000
Loss related to borrower specific credit risk	$ 1,900,000	$ 1,500,000

Fair Value of Financial Instr_7

Fair Value of Financial Instruments - Summary of Fair Value Carrying Amount and Unpaid Principal Outstanding of Loans Under Fair Value Option (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Fair Value Option Quantitative Disclosures [Line Items]
Total Loans, Fair Value Carrying amount	$ 494,458	$ 670,511
Total Loans, Unpaid Principal Balance	513,219	692,897
Total Loans, Difference	(18,761)	(22,386)
Nonaccruals, Fair Value Carrying amount	44,890	38,262
Nonaccruals, Unpaid Principal Balance	46,993	42,841
Nonaccruals, Difference	(2,103)	(4,579)
90 Days or More Past Due, Fair Value Carrying Amount	24,663	24,057
90 Days or More Past Due, Unpaid Principal Balance	26,321	25,633
90 Days or More Past Due, Difference	(1,658)	(1,576)
Loans held for sale
Fair Value Option Quantitative Disclosures [Line Items]
Total Loans, Fair Value Carrying amount		25,310
Total Loans, Unpaid Principal Balance		26,831
Total Loans, Difference		(1,521)
Nonaccruals, Fair Value Carrying amount	0
Nonaccruals, Unpaid Principal Balance	0
Nonaccruals, Difference	0
90 Days or More Past Due, Fair Value Carrying Amount	0
90 Days or More Past Due, Unpaid Principal Balance	0
90 Days or More Past Due, Difference	0
Loans held for investment
Fair Value Option Quantitative Disclosures [Line Items]
Total Loans, Fair Value Carrying amount	494,458	645,201
Total Loans, Unpaid Principal Balance	513,219	666,066
Total Loans, Difference	(18,761)	(20,865)
Nonaccruals, Fair Value Carrying amount	44,890	38,262
Nonaccruals, Unpaid Principal Balance	46,993	42,841
Nonaccruals, Difference	(2,103)	(4,579)
90 Days or More Past Due, Fair Value Carrying Amount	24,663	24,057
90 Days or More Past Due, Unpaid Principal Balance	26,321	25,633
90 Days or More Past Due, Difference	$ (1,658)	$ (1,576)

Fair Value of Financial Instr_8

Fair Value of Financial Instruments - Schedule of Net Gains (Losses) from Changes in Fair Value (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value Option Quantitative Disclosures [Line Items]
Net gain (loss) on loans accounted for under the fair value option	$ 1,046	$ 4,257	$ (13,083)
Loans held for sale
Fair Value Option Quantitative Disclosures [Line Items]
Net gain (loss) on loans accounted for under the fair value option	1,521	502
Loans held for investment
Fair Value Option Quantitative Disclosures [Line Items]
Net gain (loss) on loans accounted for under the fair value option	$ (475)	$ 3,755

Fair Value of Financial Instr_9

Fair Value of Financial Instruments - Summary of the Activity Pertaining to Loans Accounted for Under Fair Value Option (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Loans held for sale
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Balance at beginning of period	$ 25,310	$ 36,111
Repurchases & Issuances	65	0
Fair value changes	1,521	502
Transfers	(26,219)	0
Settlements	(677)	(11,303)
Balance at end of period	0	25,310
Loans held for investment
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Balance at beginning of period	645,201	815,374
Repurchases & Issuances	18,629	37,159
Fair value changes	(475)	3,755
Transfers	26,219	0
Settlements	(195,116)	(211,087)
Balance at end of period	$ 494,458	$ 645,201

Fair Value of Financial Inst_10

Fair Value of Financial Instruments - Recorded Amount of Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Foreclosed assets	$ 0	$ 620
Non-recurring Fair Value
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Collateral-dependent loans	4,840	1,567
Foreclosed assets		620
Total assets at fair value	4,840	2,187
Non-recurring Fair Value | Level 1
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Collateral-dependent loans	0	0
Foreclosed assets		0
Total assets at fair value	0	0
Non-recurring Fair Value | Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Collateral-dependent loans	0	0
Foreclosed assets		0
Total assets at fair value	0	0
Non-recurring Fair Value | Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Collateral-dependent loans	4,840	1,567
Foreclosed assets		620
Total assets at fair value	$ 4,840	$ 2,187

Fair Value of Financial Inst_11

Fair Value of Financial Instruments - Analysis of Level 3 Valuation Techniques (Details) $ in Thousands	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, fair value	$ 494,458	$ 670,511
Loans held for sale
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, fair value		25,310
Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, fair value	494,458	645,201
Recurring
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value	1,539,366	1,614,188
Recurring | Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value	523,084	705,853
Recurring | Level 3 | Loans held for sale
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value		25,310
Recurring | Level 3 | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value	2,210	1,672
Non-recurring Fair Value
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value	4,840	2,187
Non-recurring Fair Value | Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value	4,840	2,187
Non-recurring Fair Value | Level 3 | Collateral-dependent loans
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value	$ 4,840	1,567
Non-recurring Fair Value | Level 3 | Foreclosed assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value		$ 620
Discounted Expected Cash Flows | Prepayment speed | Recurring | Loans held for sale
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for sale, measurement input		0.174
Discounted Expected Cash Flows | Prepayment speed | Recurring | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.165	0.174
Black-Scholes Option Pricing Model | Discount rate | Recurring | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.200	0.200
Municipal bonds | Recurring | Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value	$ 93	$ 96
Municipal bonds | Discounted Expected Cash Flows | Discount rate | Recurring
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Municipal bond, measurement input	0.060	0.048
Municipal bonds | Discounted Expected Cash Flows | Prepayment speed | Recurring
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Municipal bond, measurement input	0.050	0.050
Minimum | Discounted Expected Cash Flows | Discount rate | Recurring | Loans held for sale
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for sale, measurement input		0.062
Minimum | Discounted Expected Cash Flows | Discount rate | Recurring | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.075	0.062
Minimum | Discounted Expected Cash Flows | Loss rate | Recurring | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0	0
Minimum | Discounted appraisals | Discount rate | Recurring | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0	0.100
Minimum | Discounted appraisals | Discount rate | Non-recurring Fair Value | Collateral-dependent loans
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Collateral-dependent, measurement input	0.100	0.100
Minimum | Discounted appraisals | Discount rate | Non-recurring Fair Value | Foreclosed assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Foreclosed assets, measurement input		0.090
Minimum | Black-Scholes Option Pricing Model | Expected Volatility Rate | Recurring | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.265	0.262
Minimum | Black-Scholes Option Pricing Model | Risk-Free Interest Rate | Recurring | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.039	0.013
Minimum | Black-Scholes Option Pricing Model | Expected Term | Recurring | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant, remaining life	3 years	4 years
Maximum | Discounted Expected Cash Flows | Discount rate | Recurring | Loans held for sale
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for sale, measurement input		0.219
Maximum | Discounted Expected Cash Flows | Discount rate | Recurring | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.112	0.219
Maximum | Discounted Expected Cash Flows | Loss rate | Recurring | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.793	0.702
Maximum | Discounted appraisals | Discount rate | Recurring | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.773	0.850
Maximum | Discounted appraisals | Discount rate | Non-recurring Fair Value | Collateral-dependent loans
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Collateral-dependent, measurement input	0.665	0.990
Maximum | Discounted appraisals | Discount rate | Non-recurring Fair Value | Foreclosed assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Foreclosed assets, measurement input		0.100
Maximum | Black-Scholes Option Pricing Model | Expected Volatility Rate | Recurring | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.900	0.882
Maximum | Black-Scholes Option Pricing Model | Risk-Free Interest Rate | Recurring | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.040	0.015
Maximum | Black-Scholes Option Pricing Model | Expected Term | Recurring | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant, remaining life	10 years	10 years
Weighted Average | Discounted Expected Cash Flows | Discount rate | Recurring | Loans held for sale
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for sale, measurement input		0.066
Weighted Average | Discounted Expected Cash Flows | Discount rate | Recurring | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.100	0.066
Weighted Average | Discounted Expected Cash Flows | Prepayment speed | Recurring | Loans held for sale
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for sale, measurement input		0.174
Weighted Average | Discounted Expected Cash Flows | Prepayment speed | Recurring | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.165	0.174
Weighted Average | Discounted Expected Cash Flows | Loss rate | Recurring | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.019	0.015
Weighted Average | Discounted appraisals | Discount rate | Recurring | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.286	0.162
Weighted Average | Discounted appraisals | Discount rate | Non-recurring Fair Value | Collateral-dependent loans
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Collateral-dependent, measurement input	0.342	0.329
Weighted Average | Discounted appraisals | Discount rate | Non-recurring Fair Value | Foreclosed assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Foreclosed assets, measurement input		0.095
Weighted Average | Black-Scholes Option Pricing Model | Discount rate | Recurring | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.200	0.200
Weighted Average | Black-Scholes Option Pricing Model | Expected Volatility Rate | Recurring | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.342	0.392
Weighted Average | Black-Scholes Option Pricing Model | Risk-Free Interest Rate | Recurring | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.039	0.015
Weighted Average | Black-Scholes Option Pricing Model | Expected Term | Recurring | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant, remaining life	7 years 8 months 12 days	7 years 6 months

Fair Value of Financial Inst_12

Fair Value of Financial Instruments - Carrying Amount and Estimated Fair Value of Financial Instruments (Detail) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Financial assets
Cash and due from banks	$ 280,239	$ 187,203
Federal funds sold	136,397	16,547
Certificates of deposit with other banks	4,000	4,750
Loans held for sale		25,310
Loans and leases held for investment, net of allowance for credit losses on loans and leases	494,500	645,200
Carrying Amount
Financial assets
Cash and due from banks	280,239	187,203
Federal funds sold	136,397	16,547
Certificates of deposit with other banks	4,000	4,750
Loans held for sale	554,610	1,091,209
Loans and leases held for investment, net of allowance for credit losses on loans and leases	6,753,154	4,812,477
Financial liabilities
Deposits	8,884,928	7,112,044
Borrowings	83,203	318,289
Estimate of Fair Value Measurement
Financial assets
Cash and due from banks	280,239	187,203
Federal funds sold	136,397	16,547
Certificates of deposit with other banks	4,000	4,930
Loans held for sale	577,254	1,197,307
Loans and leases held for investment, net of allowance for credit losses on loans and leases	6,652,936	4,958,875
Financial liabilities
Deposits	8,532,615	6,942,512
Borrowings	82,258	312,036
Level 1 | Estimate of Fair Value Measurement
Financial assets
Cash and due from banks	280,239	187,203
Federal funds sold	136,397	16,547
Certificates of deposit with other banks	4,000	4,930
Loans held for sale	0	0
Loans and leases held for investment, net of allowance for credit losses on loans and leases	0	0
Financial liabilities
Deposits	0	0
Borrowings	0	0
Level 2 | Estimate of Fair Value Measurement
Financial assets
Cash and due from banks	0	0
Federal funds sold	0	0
Certificates of deposit with other banks	0	0
Loans held for sale	0	0
Loans and leases held for investment, net of allowance for credit losses on loans and leases	0	0
Financial liabilities
Deposits	8,532,615	6,942,512
Borrowings	0	0
Level 3 | Estimate of Fair Value Measurement
Financial assets
Cash and due from banks	0	0
Federal funds sold	0	0
Certificates of deposit with other banks	0	0
Loans held for sale	577,254	1,197,307
Loans and leases held for investment, net of allowance for credit losses on loans and leases	6,652,936	4,958,875
Financial liabilities
Deposits	0	0
Borrowings	$ 82,258	$ 312,036

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) $ in Thousands		12 Months Ended
	Oct. 12, 2021 USD ($)	Dec. 31, 2022 USD ($) customer	Dec. 31, 2021 USD ($)
Concentration Risk [Line Items]
Litigation, agreed to pay	$ 3,900
Commitment letters expiration period (in days)		90 days
Commitments for on-balance sheet instruments		$ 26,100	$ 10,400
Maximum retained credit exposure		20,000
Future minimum lease payments receivable under non-cancelable operating leases		$ 57,960
Thirty Relationships
Concentration Risk [Line Items]
Number of relationships that have retained unguaranteed exposure | customer		23
Retained credit exposure		$ 701,900
Retained exposure, amount disbursed		440,900
One Relationship
Concentration Risk [Line Items]
Future minimum lease payments receivable under non-cancelable operating leases		$ 20,000

Commitments and Contingencies_2

Commitments and Contingencies - Summary of Commitments (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Total unfunded off-balance sheet credit risk	$ 2,782,320	$ 2,645,140
Commitments to extend credit
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Total unfunded off-balance sheet credit risk	2,731,866	2,634,387
Standby letters of credit
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Total unfunded off-balance sheet credit risk	26,454	10,753
Airplane purchase agreement commitments
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Total unfunded off-balance sheet credit risk	$ 24,000	$ 0

Benefit Plans - Narrative (Deta

Benefit Plans - Narrative (Details) $ / shares in Units, $ in Thousands		12 Months Ended
	May 24, 2016 shares	Dec. 31, 2022 USD ($) simulation $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares	Dec. 31, 2020 USD ($) $ / shares shares	Dec. 31, 2010 shares	May 11, 2021 shares	May 15, 2018 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense recognized | $		$ 6,300	$ 4,400	$ 3,900
Intrinsic value of options exercised | $		$ 7,000	$ 46,300	$ 15,900
Shares, granted (in shares) | shares		0	0	0
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense | $		$ 753	$ 1,300	$ 1,500
Unrecognized compensation costs, stock options | $		$ 25
Unrecognized compensation costs period recognized		3 months 7 days
Market Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares) | shares			0
Units earned as a percent of units awarded				100%
Number of simulations used | simulation | simulation		100,000
Compensation expense | $			$ 4,200	$ 9,700
Number of shares met performance stock price conditions | shares			575,500	2,513,233
Performance stock price condition met, price one (in dollars per share) | $ / shares			$ 45	$ 34
Performance stock price condition met, price two (in dollars per share) | $ / shares			48	35
Performance stock price condition met, price three (in dollars per share) | $ / shares			50	38
Performance stock price condition met, price four (in dollars per share) | $ / shares			$ 55	$ 40
Compensation remaining expense fully recognized | $			$ 3,700	$ 2,400
Number of remaining shares | shares		0	0
Number of days share price must be maintained				20 days
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense | $		$ 19,400	$ 11,400	$ 3,500
Unrecognized compensation costs, stock options | $		$ 88,100
Unrecognized compensation costs period recognized		4 years 2 months 4 days
Granted (in shares) | shares		885,939
Shares granted, weighted average grand date fair value (in dollars per share) | $ / shares		$ 37.75
Number of shares met performance stock price conditions | shares		314,703
Number of remaining shares | shares		2,409,698	1,907,513
Cash Bonus
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense | $		$ 9,400	$ 7,700	6,700
Special Bonus
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense | $		$ 10,500	$ 4,000	$ 7,200
Minimum | Market Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share price threshold for performance criteria (in dollars per share) | $ / shares				$ 45
Maximum | Market Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share price threshold for performance criteria (in dollars per share) | $ / shares				$ 55
2015 Omnibus Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common voting shares authorized (in shares) | shares	7,000,000
Options or restricted shares of expiration period	10 years
Percentage of fair market value of common stock	100%
2015 Omnibus Plan | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common voting shares authorized (in shares) | shares						10,750,000	8,750,000
2015 Omnibus Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares) | shares		885,939	1,329,508	586,132
Shares granted, weighted average grand date fair value (in dollars per share) | $ / shares		$ 37.75	$ 58.19	$ 17.78
Restricted Stock Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period					7 years
Shares available for issuance to eligible employees (in shares) | shares					1,350,000
A2015 Omnibus Plan Amendedand Restated | Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares) | shares			1,329,508	586,132
Shares granted, weighted average grand date fair value (in dollars per share) | $ / shares			$ 58.19	$ 17.78
Employee Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum annual purchase per employee | $		$ 25
Purchase date discount		15%
Share-based compensation expense | $		$ 188	$ 118	$ 92

Benefit Plans - Stock Option Ac

Benefit Plans - Stock Option Activity (Details)	12 Months Ended
	Dec. 31, 2022 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Shares, outstanding, beginning balance (in shares) | shares	1,062,681
Shares, exercised (in shares) | shares	(228,941)
Shares, forfeited (in shares) | shares	(8,626)
Shares, outstanding, ending balance (in shares) | shares	825,114
Shares, exercisable (in shares) | shares	787,354
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Weighted average exercise price, outstanding, beginning balance (in dollars per share) | $ / shares	$ 12.94
Weighted average exercise price, exercised (in dollars per share) | $ / shares	13.58
Weighted average exercise price, forfeited (in dollars per share) | $ / shares	15.75
Weighted average exercise price, outstanding, ending balance (in dollars per share) | $ / shares	12.73
Weighted average exercise price, exercisable (in dollars per share) | $ / shares	$ 12.67
Weighted average remaining contractual term, outstanding	2 years 3 months 10 days
Weighted average remaining contractual term, exercisable	2 years 2 months 26 days
Aggregate intrinsic value, outstanding | $	$ 14,412,142
Aggregate intrinsic value, exercisable | $	$ 13,803,102

Benefit Plans - Summary of Non-

Benefit Plans - Summary of Non-vested Stock Option Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares [Roll Forward]
Shares, non-vested, beginning balance (in shares)	382,850	1,022,636	1,485,396
Shares, vested (in shares)	(336,464)	(592,693)	(387,867)
Shares, forfeited (in shares)	(8,626)	(47,093)	(74,893)
Shares, non-vested, ending balance (in shares)	37,760	382,850	1,022,636
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted average grant date fair value, non-vested, beginning balance (in dollars per share)	$ 6.75	$ 5.38	$ 4.73
Weighted average grant date fair value, vested (in dollars per share)	6.85	4.35	3.05
Weighted average grant date fair value, forfeited (in dollars per share)	6.95	7.28	4.52
Weighted average grant date fair value, non-vested, ending balance (in dollars per share)	$ 6.60	$ 6.75	$ 5.38

Benefit Plans - Restricted Stoc

Benefit Plans - Restricted Stock Unit Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Restricted Stock Units (RSUs)
Shares
Shares, non-vested, beginning balance (in shares)	1,907,513
Granted (in shares)	885,939
Shares, vested (in shares)	(314,703)
Shares, forfeited (in shares)	(69,051)
Shares, non-vested, ending balance (in shares)	2,409,698	1,907,513
Weighted Average Grant Date Fair Value
Shares, non-vested, weighted average grant date fair value (in dollars per share)	$ 46.12
Shares granted, weighted average grand date fair value (in dollars per share)	37.75
Shares vested, weighted average grant date fair value (in dollars per share)	41.62
Shares forfeited, weighted average grant date fair value (in dollars per share)	46.23
Shares, non-vested, weighted average grant date fair value (in dollars per share)	$ 43.63	$ 46.12
Market Restricted Stock
Shares
Shares, non-vested, beginning balance (in shares)	0
Granted (in shares)		0
Shares, vested (in shares)		(575,500)	(2,513,233)
Shares, non-vested, ending balance (in shares)	0	0

Regulatory Matters - Narrative

Regulatory Matters - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2020
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Minimum common equity tier 1 ratio	4.50%
Minimum common equity, capital conservation buffer	0.0250
Minimum common equity tier 1 ratio including conservation buffer	7%
Minimum tier 1 risk-based capital ratio	0.0600
Minimum tier 1 risk-based capital ratio including conservation buffer	8.50
Minimum total risk-based capital ratio	0.0800
Minimum total risk-based capital ratio including conservation buffer	0.105
Minimum leverage tier 1 capital ratio	0.0400
Retained earnings	$ 572,497	$ 400,893
Accounting Standards Update 2016-13 | Restatement Adjustment
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Retained earnings			$ 822

Regulatory Matters (Details)

Regulatory Matters (Details) $ in Thousands	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Common Equity Tier 1 to Risk-Weighted Assets [Abstract]
Common equity tier 1 capital ratio, minimum capital requirement	4.50%
Capital [Abstract]
Total capital to risk-weighted assets ratio, minimum capital requirement	0.0800
Tier One Risk Based Capital [Abstract]
Tier 1 capital to risk-weighted assets ratio, minimum capital requirement	0.0600
Tier One Leverage Capital [Abstract]
Tier 1 capital to average assets ratio, minimum capital requirement	0.0400
Live Oak Bancshares, Inc.
Common Equity Tier 1 to Risk-Weighted Assets [Abstract]
Common equity tier 1 capital	$ 888,235	$ 689,367
Common equity tier 1 capital ratio	0.1247	0.1238
Common equity tier 1 capital, minimum capital requirement	$ 320,446	$ 250,619
Common equity tier 1 capital ratio, minimum capital requirement	4.50%	4.50%
Capital [Abstract]
Total capital to risk-weighted assets	$ 977,360	$ 753,691
Total capital risk to weighted--assets, actual	0.1373	0.1353
Total capital to risk-weighted assets, minimum capital requirement	$ 569,681	$ 445,544
Total capital to risk-weighted assets ratio, minimum capital requirement	0.0800	0.0800
Tier One Risk Based Capital [Abstract]
Tier 1 capital to risk-weighted assets, actual	$ 888,235	$ 689,367
Tier 1 to risk-weighted assets, actual	0.1247	0.1238
Tier 1 capital to risk-weighted assets, minimum capital requirement	$ 427,261	$ 334,158
Tier 1 capital to risk-weighted assets ratio, minimum capital requirement	0.0600	0.0600
Tier One Leverage Capital [Abstract]
Tier 1 capital to average assets, actual	$ 888,235	$ 689,367
Tier 1 to average assets, actual	0.0926	0.0887
Tier 1 capital to average assets, minimum capital requirement	$ 383,499	$ 310,902
Tier 1 capital to average assets ratio, minimum capital requirement	0.0400	0.0400
Subsidiaries
Common Equity Tier 1 to Risk-Weighted Assets [Abstract]
Common equity tier 1 capital	$ 730,092	$ 640,652
Common equity tier 1 capital ratio	0.1070	0.1205
Common equity tier 1 capital, minimum capital requirement	$ 307,179	$ 239,201
Common equity tier 1 capital ratio, minimum capital requirement	4.50%	4.50%
Common equity tier 1 capital, minimum to be well capitalized under prompt corrective action	$ 443,703	$ 345,512
Common equity tier 1 ratio, minimum to be well capitalized under prompt corrective action provisions	6.50%	6.50%
Capital [Abstract]
Total capital to risk-weighted assets	$ 815,577	$ 704,976
Total capital risk to weighted--assets, actual	0.1195	0.1326
Total capital to risk-weighted assets, minimum capital requirement	$ 546,096	$ 425,246
Total capital to risk-weighted assets ratio, minimum capital requirement	0.0800	0.0800
Total capital to risk-weighted assets, minimum to be well capitalized under prompt corrective action provisions	$ 682,620	$ 531,557
Total capital to risk-weighted assets ratio, minimum to be well capitalized under prompt corrective action provisions	0.1000	0.1000
Tier One Risk Based Capital [Abstract]
Tier 1 capital to risk-weighted assets, actual	$ 730,092	$ 640,652
Tier 1 to risk-weighted assets, actual	0.1070	0.1205
Tier 1 capital to risk-weighted assets, minimum capital requirement	$ 409,572	$ 318,934
Tier 1 capital to risk-weighted assets ratio, minimum capital requirement	0.0600	0.0600
Tier 1 capital to risk-weighted assets, minimum to be well capitalized under prompt corrective action provisions	$ 546,096	$ 425,246
Tier 1 to risk-weighted assets ratio, minimum to be well capitalized under prompt corrective action provisions	0.0800	0.0800
Tier One Leverage Capital [Abstract]
Tier 1 capital to average assets, actual	$ 730,092	$ 640,652
Tier 1 to average assets, actual	0.0770	0.0832
Tier 1 capital to average assets, minimum capital requirement	$ 379,396	$ 307,931
Tier 1 capital to average assets ratio, minimum capital requirement	0.0400	0.0400
Tier 1 capital to average assets, minimum to be well capitalized under prompt corrective action provisions	$ 474,245	$ 384,914
Tier 1 to average assets ratio, minimum to be well capitalized under prompt corrective action provisions	0.0500	0.0500

Transactions with Related Par_2

Transactions with Related Parties - Schedule of Related Party Loan Activity (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2022 USD ($)
Loans and Leases Receivable, Related Parties [Roll Forward]
Balance as of December 31, 2021	$ 17,089
Loan originations	19,172
Loan repayments	(14,523)
Balance as of December 31, 2022	$ 21,738

Transactions with Related Par_3

Transactions with Related Parties - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Related Party Transaction [Line Items]
Deposits from related parties	$ 63,500	$ 40,300
Collective Impact | Charitable Contributions
Related Party Transaction [Line Items]
Payments incurred for related parties transactions	310	352	$ 282
Professional Services | Apiture
Related Party Transaction [Line Items]
Payments incurred for related parties transactions	2,000	1,200	377
Shared Services and Rent | Apiture
Related Party Transaction [Line Items]
Related party income recognized	$ 438	$ 601	$ 782

Significant Equity Method Inv_3

Significant Equity Method Investments - Summary of Balance Sheet Information of Combined Equity Method Investments (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule Of Equity Method Investments [Line Items]
Total assets	$ 9,855,498	$ 8,213,393	$ 7,872,303
Total liabilities	9,044,465	7,498,260
Total liabilities and shareholders’ equity	9,855,498	8,213,393
Equity Method Investment Nonconsolidated Investee Or Group of Investees
Schedule Of Equity Method Investments [Line Items]
Current assets	58,683	90,629
Noncurrent assets	889,677	776,171
Total assets	948,360	866,800
Current liabilities	16,947	37,730
Noncurrent liabilities	16,799	14,052
Total liabilities	33,746	51,782
Equity interests	914,614	815,018
Total liabilities and shareholders’ equity	$ 948,360	$ 866,800

Significant Equity Method Inv_4

Significant Equity Method Investments - Summary of Income Statement Information of Combined Equity Method Investments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule Of Equity Method Investments [Line Items]
Net (loss) income	$ 176,208	$ 166,995	$ 59,543
Equity Method Investment Nonconsolidated Investee Or Group of Investees
Schedule Of Equity Method Investments [Line Items]
Total revenues	74,908	79,016	68,038
Net (loss) income	$ (65,208)	$ 215,792	$ (68,406)

Segments - Narrative (Details)

Segments - Narrative (Details)	12 Months Ended
	Dec. 31, 2022 segment
Segment Reporting [Abstract]
Number of reportable segments	2

Segments - Schedule of Segment

Segments - Schedule of Segment Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Interest income	$ 444,473	$ 361,213	$ 288,408
Interest expense	116,972	64,428	93,685
Net interest income	327,501	296,785	194,723
Provision for loan and lease credit losses	40,943	15,210	40,658
Noninterest income	237,992	160,200	86,000
Noninterest expense	314,226	230,987	192,676
Income tax expense (benefit)	34,116	43,793	(12,154)
Net income	176,208	166,995	59,543
Total assets	9,855,498	8,213,393	7,872,303
Operating Segments | Banking
Segment Reporting Information [Line Items]
Interest income	444,307	360,986	288,305
Interest expense	115,324	63,119	93,313
Net interest income	328,983	297,867	194,992
Provision for loan and lease credit losses	40,943	15,210	40,658
Noninterest income	80,562	114,363	77,512
Noninterest expense	296,891	215,819	181,555
Income tax expense (benefit)	(226)	35,539	(7,171)
Net income	71,937	145,662	57,462
Total assets	9,672,458	8,053,212	7,767,013
Operating Segments | Fintech
Segment Reporting Information [Line Items]
Interest income	93	201	0
Interest expense	0	0	0
Net interest income	93	201	0
Provision for loan and lease credit losses	0	0	0
Noninterest income	155,028	43,141	6,567
Noninterest expense	9,413	5,395	5,510
Income tax expense (benefit)	36,016	10,280	2,989
Net income	109,692	27,667	(1,932)
Total assets	124,249	121,889	83,946
Other
Segment Reporting Information [Line Items]
Interest income	73	26	103
Interest expense	1,648	1,309	372
Net interest income	(1,575)	(1,283)	(269)
Provision for loan and lease credit losses	0	0	0
Noninterest income	2,402	2,696	1,921
Noninterest expense	7,922	9,773	5,611
Income tax expense (benefit)	(1,674)	(2,026)	(7,972)
Net income	(5,421)	(6,334)	4,013
Total assets	$ 58,791	$ 38,292	$ 21,344

Parent Company Only Financial_3

Parent Company Only Financial Statements - Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Assets
Other assets	$ 328,308	$ 250,254
Total assets	9,855,498	8,213,393	$ 7,872,303
Liabilities and Shareholders’ Equity
Borrowings	83,203	318,289
Other liabilities	76,334	67,927
Total liabilities	9,044,465	7,498,260
Shareholders' equity:
Retained earnings	572,497	400,893
Accumulated other comprehensive (loss) income	(92,318)	1,946
Total shareholders’ equity	811,033	715,133	$ 567,850	$ 532,386
Total liabilities and shareholders’ equity	9,855,498	8,213,393
Live Oak Bancshares, Inc.
Assets
Cash and cash equivalents	103,238	10,635
Investment in subsidiaries	704,905	723,803
Other assets	50,801	40,149
Total assets	858,944	774,587
Liabilities and Shareholders’ Equity
Borrowings	33,203	50,734
Other liabilities	14,708	8,720
Total liabilities	47,911	59,454
Shareholders' equity:
Common stock	330,854	312,294
Retained earnings	572,497	400,893
Accumulated other comprehensive (loss) income	(92,318)	1,946
Total shareholders’ equity	811,033	715,133
Total liabilities and shareholders’ equity	$ 858,944	$ 774,587

Parent Company Only Financial_4

Parent Company Only Financial Statements - Income Statement (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Condensed Income Statements, Captions [Line Items]
Interest income	$ 444,473	$ 361,213	$ 288,408
Interest expense	116,972	64,428	93,685
Net interest income	327,501	296,785	194,723
Other noninterest income	17,141	15,493	14,010
Total noninterest income	237,992	160,200	86,000
Noninterest expense
Salaries and employee benefits	170,822	124,932	112,525
Professional services expense	11,737	15,135	6,359
Renewable energy tax credit investment impairment	16,217	3,187	0
Other expense	12,380	8,052	7,498
Total noninterest expense	314,226	230,987	192,676
Income before taxes	210,324	210,788	47,389
Income tax benefit	34,116	43,793	(12,154)
Net income	176,208	166,995	59,543
Live Oak Bancshares, Inc.
Condensed Income Statements, Captions [Line Items]
Interest income	73	25	91
Interest expense	1,648	1,309	372
Net interest income	(1,575)	(1,284)	(281)
Other noninterest income	(107)	716	252
Total noninterest income	(107)	716	252
Noninterest expense
Salaries and employee benefits	1,444	5,120	17,250
Professional services expense	1,163	679	750
Other expense	1,907	789	1,167
Total noninterest expense	4,514	6,588	19,167
Income before taxes	(6,196)	(7,156)	(19,196)
Income tax benefit	(1,358)	(1,615)	(7,785)
Net loss	(4,838)	(5,541)	(11,411)
Equity in undistributed income of subsidiaries in excess of dividends from subsidiaries	181,046	172,536	70,954
Net income	$ 176,208	$ 166,995	$ 59,543

Parent Company Only Financial_5

Parent Company Only Financial Statements - Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities
Net income	$ 176,208	$ 166,995	$ 59,543
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Deferred tax expense (benefit)	27,129	24,808	(17,447)
Renewable energy tax credit investment impairment	16,217	3,187	0
Stock option compensation expense	942	1,379	1,594
Restricted stock compensation expense	19,405	15,572	13,146
Business combination contingent consideration fair value adjustment	(86)	99	163
Net cash provided (used) by operating activities	124,485	(119,717)	(260,997)
Cash flows from investing activities
Purchases of equity security investments	(9,283)	0	0
Purchases of equity method investments	(35,955)	0	0
Business combination, net of cash acquired	0	0	(895)
Net cash used by investing activities	(1,442,344)	(149,803)	(2,619,461)
Cash flows from financing activities
Proceeds from borrowings	62,096	602,848	1,828,033
Repayment of borrowings	(297,182)	(1,826,652)	(285,954)
Stock option exercises	2,118	4,158	3,069
Employee stock purchase program	1,067	670	520
Withholding cash issued in lieu of restricted stock and other	(4,972)	(19,151)	(49,229)
Repurchase and retirement of shares	0	(953)	0
Shareholder dividend distributions	(5,266)	(5,186)	(4,906)
Net cash (used in) provided by financing activities	1,530,745	154,950	2,977,381
Net increase (decrease) in cash and cash equivalents	212,886	(114,570)	96,923
Live Oak Bancshares, Inc.
Cash flows from operating activities
Net income	176,208	166,995	59,543
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Equity in undistributed net income of subsidiaries in excess of dividends of subsidiaries	(181,046)	(172,536)	(70,954)
Subsidiary vesting of restricted stock and other	(14,862)	2,679	43,507
Deferred tax expense (benefit)	434	30,070	1,163
Stock option compensation expense	942	1,379	1,594
Restricted stock compensation expense	19,405	15,572	13,146
Business combination contingent consideration fair value adjustment	(86)	99	163
Net change in other assets	(2,846)	(22,645)	(6,182)
Net change in other liabilities	(1,626)	(11,243)	(525)
Net cash provided (used) by operating activities	(3,477)	10,370	41,455
Cash flows from investing activities
Capital investment in subsidiaries	121,750	(26,407)	(6,354)
Purchases of equity security investments	(182)	(84)	(17)
Purchases of equity method investments	(904)	(237)	(507)
Business combination, net of cash acquired	0	0	(895)
Net cash used by investing activities	120,664	(26,728)	(7,773)
Cash flows from financing activities
Proceeds from borrowings	12,096	57,675	70,000
Repayment of borrowings	(29,627)	(21,429)	(55,512)
Stock option exercises	2,118	4,158	3,069
Employee stock purchase program	1,067	670	520
Withholding cash issued in lieu of restricted stock and other	(4,972)	(19,151)	(49,229)
Repurchase and retirement of shares	0	(953)	0
Shareholder dividend distributions	(5,266)	(5,186)	(4,906)
Net cash (used in) provided by financing activities	(24,584)	15,784	(36,058)
Net increase (decrease) in cash and cash equivalents	92,603	(574)	(2,376)
Cash and cash equivalents at beginning of year	10,635	11,209	13,585
Cash and cash equivalents at end of year	$ 103,238	$ 10,635	$ 11,209

Uncategorized Items - lob-20221

Label	Element	Value
Accounting Standards Update [Extensible Enumeration]	us-gaap_AccountingStandardsUpdateExtensibleList	Accounting Standards Update 2016-13 [Member]