Triumph Financial (TFIN) 10-Q 20 Apr 22 2022 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2022	Apr. 18, 2022
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	001-36722
Entity Registrant Name	TRIUMPH BANCORP, INC.
Entity Incorporation, State or Country Code	TX
Entity Tax Identification Number	20-0477066
Entity Address, Address Line One	12700 Park Central Drive, Suite 1700
Entity Address, City or Town	Dallas
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75251
City Area Code	214
Local Phone Number	365-6900
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
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		25,158,942
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Entity Central Index Key	0001539638
Current Fiscal Year End Date	--12-31
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Common stock, par value $0.01 per share
Trading Symbol	TBK
Security Exchange Name	NASDAQ
Depositary Shares
Document Information [Line Items]
Title of 12(b) Security	Depositary Shares Each Representing a 1/40th Interest in a Share of 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock
Trading Symbol	TBKCP
Security Exchange Name	NASDAQ

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
ASSETS
Cash and due from banks	$ 67,622	$ 122,929
Interest bearing deposits with other banks	346,082	260,249
Total cash and cash equivalents	413,704	383,178
Securities - equity investments	5,085	5,504
Securities available for sale	191,440	182,426
Securities - held to maturity, net of allowance for credit losses of $2,455 and $2,082, respectively, fair value of $5,727 and $5,447, respectively	4,404	4,947
Loans held for sale	607	7,330
Loans, net of allowance for credit losses of $41,553 and $42,213, respectively	4,682,525	4,825,359
Assets held for sale	260,085	0
Federal Home Loan Bank and other restricted stock, at cost	12,196	10,146
Premises and equipment, net	91,725	105,729
Other real estate owned, net	383	524
Goodwill	230,492	233,727
Intangible assets, net	38,627	43,129
Bank-owned life insurance	41,141	40,993
Deferred tax asset, net	10,174	10,023
Indemnification asset	4,582	4,786
Other assets	89,264	98,449
Total assets	6,076,434	5,956,250
Deposits
Noninterest bearing	1,859,376	1,925,370
Interest bearing	2,472,410	2,721,309
Total deposits	4,331,786	4,646,679
Deposits held for sale	377,698	0
Customer repurchase agreements	2,868	2,103
Federal Home Loan Bank advances	230,000	180,000
Paycheck Protection Program Liquidity Facility	0	27,144
Subordinated notes	107,169	106,957
Junior subordinated debentures	40,737	40,602
Other liabilities	99,511	93,901
Total liabilities	5,189,769	5,097,386
Commitments and contingencies - See Note 8 and Note 9
Stockholders' equity - See Note 12
Preferred stock	45,000	45,000
Common stock, 25,161,690 and 25,158,879 shares outstanding, respectively	283	283
Additional paid-in-capital	516,551	510,939
Treasury stock, at cost	(106,105)	(104,743)
Retained earnings	422,879	399,351
Accumulated other comprehensive income (loss)	8,057	8,034
Total stockholders’ equity	886,665	858,864
Total liabilities and stockholders' equity	$ 6,076,434	$ 5,956,250

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Allowance for credit losses	$ 2,455	$ 2,082
Fair Value	5,727	5,447
Allowance for credit losses	$ 41,553	$ 42,213
Common stock, outstanding (in shares)	25,161,690	25,158,879

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Interest and dividend income:
Loans, including fees	$ 40,847	$ 48,706
Factored receivables, including fees	61,206	37,795
Securities	1,178	1,650
FHLB and other restricted stock	76	76
Cash deposits	128	126
Total interest income	103,435	88,353
Interest expense:
Deposits	1,561	3,372
Subordinated notes	1,299	1,349
Junior subordinated debentures	454	442
Other borrowings	42	170
Total interest expense	3,356	5,333
Net interest income	100,079	83,020
Credit loss expense (benefit)	501	(7,845)
Net interest income after credit loss expense (benefit)	99,578	90,865
Noninterest income:
Net OREO gains (losses) and valuation adjustments	(132)	(80)
Insurance commissions	1,672	1,486
Other	(96)	6,877
Total noninterest income	11,121	14,291
Noninterest expense:
Salaries and employee benefits	46,284	35,980
Occupancy, furniture and equipment	6,436	5,779
FDIC insurance and other regulatory assessments	411	977
Professional fees	3,659	2,545
Amortization of intangible assets	3,108	1,975
Advertising and promotion	1,202	890
Communications and technology	9,112	5,900
Other	8,352	6,846
Total noninterest expense	78,564	60,892
Net income before income tax expense	32,135	44,264
Income tax expense	7,806	10,341
Net income	24,329	33,923
Dividends on preferred stock	(801)	(801)
Net income available to common stockholders	$ 23,528	$ 33,122
Earnings per common share
Basic (in dollars per share)	$ 0.95	$ 1.34
Diluted (in dollars per share)	$ 0.93	$ 1.32
Service charges on deposits
Noninterest income:
Revenue	$ 1,963	$ 1,787
Card income
Noninterest income:
Revenue	2,011	1,972
Fee income
Noninterest income:
Revenue	$ 5,703	$ 2,249

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 24,329	$ 33,923
Unrealized gains (losses) on securities:
Unrealized holding gains (losses) arising during the period	(2,901)	(315)
Tax effect	690	63
Unrealized holding gains (losses) arising during the period, net of taxes	(2,211)	(252)
Reclassification of amount realized through sale or call of securities	0	0
Tax effect	0	0
Reclassification of amount realized through sale or call of securities, net of taxes	0	0
Change in unrealized gains (losses) on securities, net of tax	(2,211)	(252)
Unrealized gains (losses) on derivative financial instruments:
Unrealized holding gains (losses) arising during the period	3,152	3,663
Tax effect	(754)	(869)
Unrealized holding gains (losses) arising during the period, net of taxes	2,398	2,794
Reclassification of amount of (gains) losses recognized into income	(217)	23
Tax effect	53	(5)
Reclassification of amount of (gains) losses recognized into income, net of taxes	(164)	18
Change in unrealized gains (losses) on derivative financial instruments	2,234	2,812
Total other comprehensive income (loss)	23	2,560
Comprehensive income	$ 24,352	$ 36,483

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Additional Paid-in- Capital	Treasury Stock	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2020	$ 726,781	$ 45,000	$ 280	$ 489,151	$ (103,052)	$ 289,583	$ 5,819
Beginning balance (in shares) at Dec. 31, 2020			24,868,218		3,083,503
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of restricted stock awards (in shares)			4,613
Issuance of restricted stock awards	0		$ 0	0
Stock option exercises, net (in shares)			10,205
Stock option exercises, net	$ 191			191
Issuance of common stock pursuant to the employee stock purchase plan (in shares)	0
Stock based compensation	$ 1,350			1,350
Forfeiture of restricted stock awards (in shares)			(107)		(107)
Forfeiture of restricted stock awards	0			7	$ (7)
Dividends declared	(801)					(801)
Net income	33,923					33,923
Other comprehensive income (loss)	2,560						2,560
Ending balance at Mar. 31, 2021	764,004	45,000	$ 280	490,699	$ (103,059)	322,705	8,379
Ending balance (in shares) at Mar. 31, 2021			24,882,929		3,083,610
Beginning balance at Dec. 31, 2021	858,864	45,000	$ 283	510,939	$ (104,743)	399,351	8,034
Beginning balance (in shares) at Dec. 31, 2021			25,158,879		3,102,801
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of restricted stock awards (in shares)			5,502
Issuance of restricted stock awards	0		$ 0	0
Stock option exercises, net (in shares)			2,021
Stock option exercises, net	$ (74)		$ 0	(74)
Issuance of common stock pursuant to the employee stock purchase plan (in shares)	10,585		10,585
Issuance of common stock pursuant to the employee stock purchase plan			$ 688	688
Stock based compensation	$ 4,952			4,952
Forfeiture of restricted stock awards (in shares)			(487)		(487)
Forfeiture of restricted stock awards	0			46	$ (46)
Purchase of treasury stock (in shares)			(14,810)		(14,810)
Purchase of treasury stock	(1,316)				$ (1,316)
Dividends declared	(801)					(801)
Net income	24,329					24,329
Other comprehensive income (loss)	23						23
Ending balance at Mar. 31, 2022	$ 886,665	$ 45,000	$ 283	$ 516,551	$ (106,105)	$ 422,879	$ 8,057
Ending balance (in shares) at Mar. 31, 2022			25,161,690		3,118,098

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities:
Net income	$ 24,329	$ 33,923
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	2,950	2,927
Net accretion on loans	(1,536)	(3,501)
Amortization of subordinated notes issuance costs	212	55
Amortization of junior subordinated debentures	135	129
Net (accretion) amortization on securities	(242)	350
Amortization of intangible assets	3,108	1,975
Deferred taxes	(127)	4,296
Credit Loss Expense (benefit)	501	(7,845)
Stock based compensation	4,952	1,350
Net (gains) losses on equity securities	419	0
Net OREO (gains) losses and valuation adjustments	132	80
Origination of loans held for sale	(4,300)	(15,143)
Purchases of loans held for sale	0	(13,148)
Proceeds from sale of loans originated or purchased for sale	3,874	25,253
Net (gains) losses on sale of loans	(78)	(516)
Net (gains) losses on transfer of loans to loans held for sale	144	(1,053)
Net change in operating leases	(19)	46
(Increase) decrease in other assets	9,121	(8,741)
Increase (decrease) in other liabilities	7,550	1,219
Net cash provided by (used in) operating activities	51,125	21,656
Cash flows from investing activities:
Purchases of securities available for sale	(29,131)	0
Proceeds from maturities, calls, and pay downs of securities available for sale	17,415	21,945
Proceeds from maturities, calls, and pay downs of securities held to maturity	213	258
Purchases of loans held for investment	(38,113)	(27,933)
Proceeds from sale of loans	7,444	20,406
Net change in loans	(58,730)	(76,116)
Purchases of premises and equipment, net	(2,579)	(4,913)
Net proceeds from sale of OREO	9	211
(Purchases) redemptions of FHLB and other restricted stock, net	(2,050)	(3,056)
Net cash provided by (used in) investing activities	(105,522)	(69,198)
Cash flows from financing activities:
Net increase (decrease) in deposits	62,805	73,065
Increase (decrease) in customer repurchase agreements	765	(431)
Increase (decrease) in Federal Home Loan Bank advances	50,000	75,000
Proceeds from Paycheck Protection Program Liquidity Facility borrowings	0	146,333
Repayment of Paycheck Protection Program Liquidity Facility borrowings	(27,144)	(179,397)
Preferred dividends	(801)	(801)
Stock option exercises	(74)	191
Proceeds from employee stock purchase plan common stock issuance	688	0
Purchase of treasury stock	(1,316)	0
Net cash provided by (used in) financing activities	84,923	113,960
Net increase (decrease) in cash and cash equivalents	30,526	66,418
Cash and cash equivalents at beginning of period	383,178	314,393
Cash and cash equivalents at end of period	413,704	380,811
Supplemental cash flow information:
Interest paid	3,405	6,364
Income taxes paid, net	70	(127)
Cash paid for operating lease liabilities	1,192	1,095
Supplemental noncash disclosures:
Loans transferred to OREO	0	280
Loans held for investment transferred to loans held for sale	1,932	27,407
Assets transferred to assets held for sale	260,085	0
Deposits transferred to deposits held for sale	377,698	0
Lease liabilities arising from obtaining right-of-use assets	0	9,816
Securities available for sale purchased, not settled	$ 0	$ 3,000

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Triumph Bancorp, Inc. (collectively with its subsidiaries, “Triumph”, or the “Company” as applicable) is a financial holding company headquartered in Dallas, Texas offering a diversified line of payments, factoring and banking services. The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries Triumph CRA Holdings, LLC (“TCRA”), TBK Bank, SSB (“TBK Bank”), TBK Bank’s wholly owned subsidiary Advance Business Capital LLC, which currently operates under the d/b/a of Triumph Business Capital (“TBC”), and TBK Bank’s wholly owned subsidiary Triumph Insurance Group, Inc. (“TIG”). TriumphPay operates as a division of TBK Bank, SSB. Basis of Presentation The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with United States Generally Accepted Accounting Principles (“GAAP”) for interim financial information and in accordance with guidance provided by the Securities and Exchange Commission (“SEC”). Accordingly, the condensed financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all normal and recurring adjustments considered necessary for a fair presentation. Transactions between the subsidiaries have been eliminated. These condensed consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. Operating results for the three months ended March 31, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. Operating Segments The Company’s reportable segments are comprised of strategic business units primarily based upon industry categories and, to a lesser extent, the core competencies relating to product origination, distribution methods, operations and servicing. Segment determination also considered organizational structure and is consistent with the presentation of financial information to the chief operating decision maker to evaluate segment performance, develop strategy, and allocate resources. The Company's chief operating decision maker is the Chief Executive Officer of Triumph Bancorp, Inc. Management has determined that the Company has four reportable segments consisting of Banking, Factoring, Payments, and Corporate. The Banking segment includes the operations of TBK Bank. The Banking segment derives its revenue principally from investments in interest-earning assets as well as noninterest income typical for the banking industry. The Factoring segment includes the operations of TBC with revenue derived from factoring services. The Payments segment includes the operations of the TBK Bank's TriumphPay division, which is the payments network for presentment, audit, and payment of over-the-road trucking invoices. The Payments segment derives its revenue from transaction fees and interest income on factored receivables related to invoice payments. These factored receivables consist of both invoices where we offer a carrier a QuickPay opportunity to receive payment at a discount in advance of the standard payment term for such invoice in exchange for the assignment of such invoice to us and from offering freight brokers the ability to settle their invoices with us on an extended term following our payment to their carriers as an additional liquidity option for such freight brokers. The Corporate segment includes holding company financing and investment activities and management and administrative expenses to support the overall operations of the Company. Prior to June 30, 2021, management determined that the Company had three reportable segments consisting of Banking, Factoring, and Corporate, and the Banking segment included the operations of TBK Bank and TriumphPay. On June 1, 2021, TriumphPay acquired HubTran, Inc., a cloud-based provider of automation software for the trucking industry’s back office (see Note 2 – Acquisitions and Divestitures for further disclosures regarding the acquisition of HubTran). The acquisition of HubTran allows TriumphPay to create a payments network for trucking; servicing brokers and factors. TriumphPay already offered tools and services to provide automation, mitigate fraud, and create back-office efficiency. Through the acquisition of HubTran, TriumphPay created additional value through building upon its presentment, audit, and payment capabilities for shippers, third party logistics companies (i.e., freight brokers) and their carriers, and factors. The acquisition of HubTran was an inflection point in the operations of TriumphPay as the TriumphPay strategy has shifted from a capital-intensive on-balance sheet product with a focus on interest income to a payments network for the trucking industry with a focus on fee revenue. In terms of total revenue, operating income (loss), and total assets, TriumphPay had historically been quantitatively immaterial; however, given the shift in strategy brought on by the acquisition of HubTran as well as management and chief operating decision maker focus on TriumphPay operations, management believes disclosing TriumphPay's operations through the Payments segment is qualitatively useful for readers of these financial statements. This change also brings the Company's reportable segments in line with its reporting units used for goodwill impairment evaluation. Prior to the acquisition of HubTran, the Payments reporting unit carried no goodwill. Prior period business segment disclosures have been revised as appropriate to reflect the current period change in reportable segments. Risks and Uncertainties COVID-19 has adversely impacted a broad range of industries in which the Company's customers operate and could still impair their ability to fulfill their financial obligations to the Company. The Company’s business is dependent upon the willingness and ability of its employees and customers to conduct banking and other financial transactions. While epidemiological and macroeconomic conditions have improved as of March 31, 2022, if there is a resurgence in the virus, the Company could experience further adverse effects on its business, financial condition, results of operations and cash flows. While it is not possible to know the full universe or extent that the impact of COVID-19, and any potential resulting measures to curtail its spread, will have on the Company's future operations, the Company is disclosing potentially material items of which it is aware. Allowance for credit losses Improving conditions around COVID-19 had an impact on our allowance for credit losses ("ACL") throughout the prior year as we experienced a decline in required reserves over that period. Pertaining to our March 31, 2022 financial condition and year to date results of operations, COVID-19 had little impact on required ACL levels. We have not yet experienced material charge-offs related to COVID-19. Our ACL calculation, and resulting provision for credit losses, are significantly impacted by changes in forecasted economic conditions. Should economic conditions worsen as a result of a resurgence in the virus and resulting measures to curtail its spread, we could experience increases in our required ACL and record additional credit loss expense. It is possible that our asset quality measures could worsen at future measurement periods if the effects of COVID-19 are prolonged. Capital and liquidity As of March 31, 2022, all of our capital ratios, and our subsidiary bank’s capital ratios, were in excess of all regulatory requirements. While we believe that we have sufficient capital to withstand an economic recession brought about by a resurgence in COVID-19 and/or resulting impacts of efforts used to curtail its spread, our reported and regulatory capital ratios could be adversely impacted by further credit loss expense. We rely on cash on hand as well as dividends from our subsidiary bank to service our debt. If our capital deteriorates such that our subsidiary bank is unable to pay dividends to us for an extended period of time, we may not be able to service our debt. We maintain access to multiple sources of liquidity. Wholesale funding markets have remained open to us, but rates for short term funding can be volatile. If an extended recession caused large numbers of our deposit customers to withdraw their funds, we might become more reliant on volatile or more expensive sources of funding. Credit While all industries experienced adverse impacts as a result of COVID-19 virus, we had no material exposure (on balance sheet loans and commitments to lend greater than 5% of the loan portfolio) to loan categories that management considered to be "at-risk" of significant impact as of March 31, 2022. We continue to work with customers directly affected by COVID-19. We are prepared to offer assistance in accordance with regulator guidelines. As a result of the current economic environment caused by the COVID-19 virus, we continue to engage in communication with borrowers to better understand their situation and the challenges faced, allowing us to respond proactively as needs and issues arise. Newly Issued, But Not Yet Effective Accounting Standards In March 2022, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 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 troubled debt restructurings ("TDRs") in ASC 310-40, "Receivables - Troubled Debt Restructurings by Creditors" for entities that have adopted the current expected credit loss ("CECL") model introduced by ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (ASU 2016-13"). ASU 2022-02 also requires that public business entities disclose current-period gross charge-offs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20, "Financial Instruments—Credit Losses—Measured at Amortized Cost". ASU 2022-02 is effective for the Company for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, with early adoption permitted. The Company is evaluating the effect that ASU 2022-02 will have on its consolidated financial statements and related disclosures.

Acquisitions and Divestitures

Acquisitions and Divestitures	3 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Acquisitions and Divestitures	ACQUISITIONS AND DIVESTITURES Factored Receivable Disposal Group During the quarter ended March 31, 2022, the Company made the decision to sell a portfolio of non-transportation factored receivables and their related customer reserves, (the "Factored Receivable Disposal Group"). As a result, the Factored Receivable Disposal Group was classified as assets and deposits held for sale on the unaudited March 31, 2022 Consolidated Balance Sheet. The fair value of the Factored Receivable Disposal Group exceeded the Company’s corresponding cost basis and thus, the Factored Receivable Disposal Group was classified as held for sale at cost with no impact to earnings except for the reversal of the allowance for credit loss associated with the factored receivables discussed below. A summary of the carrying amount of the assets and liabilities in the Factored Receivable Disposal Group transferred to held for sale is as follows: (Dollars in thousands) Factored receivables $ 80,819 Assets held for sale $ 80,819 Customer reserve noninterest bearing deposits $ 10,434 Deposits held for sale $ 10,434 The Company reversed $415,000 of allowance for credit losses on loans during the quarter ended March 31, 2022 when the factored receivables were transferred to assets held for sale. Factored receivables in the Factored Receivable Disposal Group with a recorded investment of $4,899,000 and $1,962,000 were past due 30-59 days and past due 60-90 days, respectively, and factored receivables with a recorded investment of $767,000 were past due 90 days or more and considered nonperforming assets at March 31, 2022. The Factored Receivable Disposal Group is included in the Factoring segment. Branch Disposal Group During the quarter ended March 31, 2022, the Company made the decision to sell 15 branches primarily located in rural eastern Colorado and western Kansas (the “Branch Disposal Group”). The gross assets and deposits of the Branch Disposal Group were classified as held for sale on the unaudited March 31, 2022 Consolidated Balance Sheet. The fair value of the Branch Disposal Group exceeded the Company’s corresponding cost basis and thus, the Branch Disposal Group was classified as held for sale at cost with no impact to earnings except for the reversal of the allowance for credit loss associated with the branch loans discussed below. A summary of the carrying amount of the assets and liabilities in the Branch Disposal Group transferred to held for sale is as follows: (Dollars in thousands) Loans Commercial real estate $ 31,752 Construction, land development, land 1,112 1-4 family residential 12,908 Farmland 56,320 Commercial 56,245 Consumer 832 Total loans 159,169 Goodwill 3,217 Intangible assets 1,394 Premises and equipment, net 13,633 Other assets 1,853 Assets held for sale $ 179,266 Deposits Noninterest bearing $ 102,950 Interest bearing 264,314 Total deposits held for sale $ 367,264 The Company reversed $971,000 of allowance for credit losses on loans during the quarter ended March 31, 2022 when the loans in the Branch Disposal Group were transferred to assets held for sale. Past due loan balances in the Branch Disposal Group were insignificant at March 31, 2022. The Branch Disposal Group is included in the Banking segment. HubTran Inc. On June 1, 2021, the Company, through TriumphPay, a division of the Company's wholly-owned subsidiary TBK Bank, SSB, acquired HubTran, Inc. ("HubTran"), a cloud-based provider of automation software for the trucking industry's back-office. A summary of the estimated fair values of assets acquired, liabilities assumed, consideration transferred, and the resulting goodwill is as follows: (Dollars in thousands) Initial Values Measurement Period Adjustments Adjusted Values Assets acquired: Cash $ 170 $ — $ 170 Intangible assets - capitalized software 16,932 — 16,932 Intangible assets - customer relationship 10,360 — 10,360 Other assets 1,546 24 1,570 29,008 24 29,032 Liabilities assumed: Deferred income taxes 4,703 (3,248) 1,455 Other liabilities 906 16 922 5,609 (3,232) 2,377 Fair value of net assets acquired $ 23,399 $ 3,256 $ 26,655 Consideration: Cash paid $ 97,096 $ — $ 97,096 Goodwill $ 73,697 $ (3,256) $ 70,441 The Company has recognized goodwill of $70,441,000, which included measurement period adjustments related to customary settlement adjustments and the finalization of the HubTran stub period tax return and its impact on the acquired deferred tax liability. Goodwill was calculated as the excess of the fair value of consideration exchanged as compared to the fair value of identifiable net assets acquired and was allocated to the Company’s Payments segment. The goodwill in this acquisition resulted from expected synergies and progress in the development of a fully integrated open loop payments network for the transportation industry. The goodwill will not be deducted for tax purposes. The initial accounting for the acquisition has not been completed because the fair values of the assets acquired and liabilities assumed have not yet been finalized. The intangible assets recognized include a capitalized software intangible asset with an acquisition date fair value of $16,932,000 which will be amortized on a straight-line basis over its four year estimated useful life and customer relationship intangible assets with an acquisition date fair value of $10,360,000 which will be amortized utilizing an accelerated method over their eleven year estimated useful lives. Revenue and earnings of HubTran since the acquisition date have not been disclosed as the acquired company was merged into the Company and separate financial information is not readily available. Expenses related to the acquisition, including professional fees and other transaction costs, totaling $2,992,000 were recorded in noninterest expense in the consolidated statements of income during the three months ended June 30, 2021. Transportation Financial Solutions On July 8, 2020, the Company, through its wholly-owned subsidiary Advance Business Capital LLC (“ABC”), acquired the transportation factoring assets (the “TFS Acquisition”) of Transport Financial Solutions (“TFS”), a wholly owned subsidiary of Covenant Logistics Group, Inc. ("CVLG"), in exchange for cash consideration of $108,375,000, 630,268 shares of the Company’s common stock valued at approximately $13,942,000, and contingent consideration of up to approximately $9,900,000 to be paid in cash following the twelve-month period ending July 31, 2021. Subsequent to the closing of the TFS Acquisition, the Company identified that approximately $62,200,000 of the assets acquired at closing were advances against future payments to be made to three large clients (and their affiliated entities) of TFS pursuant to long-term contractual arrangements between the obligor on such contracts and such clients (and their affiliated entities) for services that had not yet been performed. On September 23, 2020, the Company and ABC entered into an Account Management Agreement, Amendment to Purchase Agreement and Mutual Release (the “Agreement”) with CVLG and Covenant Transport Solutions, LLC, a wholly owned subsidiary of CVLG ( “CTS” and, together with CVLG, "Covenant"). Pursuant to the Agreement, the parties agreed to certain amendments to that certain Accounts Receivable Purchase Agreement (the “ARPA”), dated as of July 8, 2020, by and among ABC, as buyer, CTS, as seller, and the Company, as buyer indirect parent. Such amendments include: • Return of the portion of the purchase price paid under the ARPA consisting of 630,268 shares of Company common stock, which will be accomplished through the sale of such shares by Covenant pursuant to the terms of the Agreement and the surrender of the cash proceeds of such sale (net of brokerage or underwriting fees and commissions) to the Company; • Elimination of the earn-out consideration potentially payable to CTS under the ARPA; and • Modification of the indemnity provisions under the ARPA to eliminate the existing indemnifications for breaches of representations and warranties and to replace such with a newly established indemnification by Covenant in the event ABC incurs losses related to the $62,200,000 in over-formula advances made to specified clients identified in the Agreement (the “Over-Formula Advance Portfolio”). Under the terms of the new indemnification arrangement, Covenant will be responsible for and will indemnify ABC for 100% of the first $30,000,000 of any losses incurred by ABC related to the Over-Formula Advance Portfolio, and for 50% of the next $30,000,000 of any losses incurred by ABC, for total indemnification by Covenant of $45,000,000. Covenant’s indemnification obligations under the Agreement were secured by a pledge of equipment collateral by Covenant with an estimated net orderly liquidation value of $60,000,000 (the “Equipment Collateral”). The Company’s wholly-owned bank subsidiary, TBK Bank, SSB, has provided Covenant with a $45,000,000 line of credit, also secured by the Equipment Collateral, the proceeds of which may be drawn to satisfy Covenant’s indemnification obligations under the Agreement. Pursuant to the Agreement, Triumph and Covenant have agreed to certain terms related to the management of the Over-Formula Advance Portfolio, and the terms by which Covenant may provide assistance to maximize recovery on the Over-Formula Advance Portfolio. Pursuant to the Agreement, the Company and Covenant have provided mutual releases to each other related to any and all claims related to the transactions contemplated by the ARPA or the Over-Formula Advance Portfolio. The measurement period for this transaction remained open at the time the Agreement was executed, and the Company determined that there is a clear and direct link between the Agreement and the ARPA. Therefore, the terms of the Agreement were incorporated into the Company's purchase accounting which resulted in the elimination of the contingent consideration component of the ARPA, the recognition of cash due from Covenant as part of the consideration for the transaction, and an indemnification asset to reflect the modification of Covenant's indemnification obligations. A summary of the estimated fair values of assets acquired, liabilities assumed, consideration transferred, and the resulting goodwill is as follows: (Dollars in thousands) Initial Values Recorded at Acquisition Date Measurement Period Adjustments Adjusted Values Assets acquired: Factored receivables $ 107,524 $ — $ 107,524 Allowance for credit losses (37,415) — (37,415) Factored receivables, net of ACL 70,109 — 70,109 Intangible assets 3,500 — 3,500 Indemnification asset 30,959 — 30,959 Deferred income taxes 1,448 (59) 1,389 106,016 (59) 105,957 Liabilities assumed: Deposits 5,361 — 5,361 5,361 — 5,361 Fair value of net assets acquired $ 100,655 $ (59) $ 100,596 Consideration: Cash paid $ 108,375 $ — $ 108,375 Stock consideration 13,942 — 13,942 Cash due from seller subsequent to liquidation of stock consideration (17,196) — (17,196) Total consideration $ 105,121 $ — $ 105,121 Goodwill $ 4,466 $ 59 $ 4,525 The Company recognized goodwill of $4,525,000, which included measurement period adjustments related to the finalization of the tax basis of Covenant’s customer intangibles and its impact on the deferred tax liability associated with these intangibles. Goodwill was calculated as the excess of the fair value of consideration exchanged as compared to the fair value of identifiable net assets acquired and was allocated to the Company’s Factoring segment. The goodwill in this acquisition resulted from expected synergies and expansion in the factoring market. The goodwill will not be deducted for tax purposes. Consideration included cash due from Covenant subsequent to liquidation of the stock consideration with an acquisition date fair value of $17,196,000. The fair value of cash due from Covenant was based on the Company's stock price on the date of the Agreement, less an estimate of broker commissions and discounts. During the year ended December 31, 2020, the entirety of the acquired stock was sold by Covenant, Covenant delivered net proceeds of $28,064,000, and the Company recognized $10,868,000 of other noninterest income measured as the difference between the initial purchase accounting measurement and the amount of net proceeds delivered to the Company upon liquidation. Of the total $10,868,000 of noninterest income recognized, $2,007,000 was recognized during the three months ended September 30, 2020, and the remainder was recognized during the three months ended December 31, 2020. The intangible assets recognized include a customer relationship intangible asset with an acquisition date fair value of $3,500,000, which will be amortized utilizing an accelerated method over its eight The indemnification asset was measured separately from the related covered portfolio. It is not contractually embedded in the covered portfolio nor is it transferable with the covered portfolio should the Company choose to dispose of the portfolio or a portion of the portfolio. The indemnification asset was initially recorded in other assets in the Consolidated Balance Sheets at the time of the TFS Acquisition at a fair value of $30,959,000, measured as the present value of the estimated cash payments expected to be received from Covenant for probable losses on the covered Over-Formula Advance Portfolio. These cash flows were discounted at a rate to reflect the uncertainty of the timing and receipt of the payments from Covenant . The amount ultimately collected for this asset will be dependent upon the performance of the underlying covered portfolio, the passage of time, and Covenant's willingness and ability to make necessary payments. The terms of the Agreement are such that indemnification has no expiration date and the Company will continue to carry the indemnification asset until ultimate resolution of the covered portfolio. The indemnification asset is reviewed quarterly and changes to the asset are recorded as adjustments to other noninterest income, as appropriate, within the Consolidated Statements of Income. The value of the indemnification asset was $4,582,000 and $4,786,000 at March 31, 2022 and December 31, 2021, respectively. During the three months ended March 31, 2021, new adverse developments with the largest of the three Over-Formula Advance clients caused the Company to charge-off the entire Over-Formula Advance amount due from that client. This resulted in a net charge-off of $41,265,000; however, this net charge-off had no impact on credit loss expense for the three months ended March 31, 2021 as the entire amount had been reserved in a prior period. In accordance with the Agreement reached with Covenant, Covenant reimbursed the Company for $35,633,000 of this charge-off by drawing on its secured line of credit, which was reflected on the Company's March 31, 2021 Consolidated Balance Sheet as a current and performing equipment loan held for investment. Given separate developments with the other two Over-Formula Advance clients, the Company reserved an additional $2,844,000 reflected in credit loss expense for the three months ended March 31, 2021. The $2,844,000 increase in required ACL as well as accretion of most of the fair value discount on the indemnification asset held at December 31, 2020 resulted in a $4,654,000 gain on the indemnification asset which was recorded through non-interest income. Since March 31, 2021, Covenant has paid down its secured line of credit with TBK in its entirety and carries no outstanding balance at March 31, 2022. At March 31, 2022, Covenant had remaining availability of $9,361,000 on its TBK line of credit available to cover our gross indemnification balance of up to $4,823,000. During the three months ended March 31, 2022 , there were no material changes in the underlying credit quality of the remaining two Over-Formula Advance clients. As such, there were no charge-offs related to these balances. One of the remaining Over-Formula Advance clients made a $430,000 payment during the period, which resulted in a dollar-for-dollar reduction in the required ACL as well as a write-off of a portion of the corresponding indemnification asset. The impact of the payment to net income available to common stock holders for the three months ended March 31, 2022 was not significant. The contractually required payments and the fair value at acquisition of factored receivables purchased for which there was not, at acquisition, evidence of more than insignificant deterioration of credit quality since origination (non-PCD loans) totaled $45,228,000 and $44,962,000, respectively. Management determined that the $62,200,000 in Over-Formula Advances obtained through the TFS Acquisition had experienced more than insignificant credit deterioration since origination and thus, deemed those Over-Formula Advances to be purchased credit deteriorated ("PCD"). Other, less significant factored receivables were also considered to be PCD. The following table presents information at the acquisition date for factored receivables purchased for which there was, at acquisition, evidence of more than insignificant deterioration of credit quality since origination: (Dollars in thousands) Purchase price of loans at acquisition $25,147 Allowance for credit losses at acquisition 37,415 Non-credit discount/(premium) at acquisition 941 Par value of acquired loans at acquisition $63,503 Revenue and earnings of TFS since the acquisition date have not been disclosed as the acquired company was merged into the Company and separate financial information is not readily available.

Securities

Securities	3 Months Ended
	Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Securities	SECURITIES Equity Securities with Readily Determinable Fair Values The Company held equity securities with fair values of $5,085,000 and $5,504,000 at March 31, 2022 and December 31, 2021, respectively. The gross realized and unrealized losses recognized on equity securities with readily determinable fair values in noninterest income in the Company’s consolidated statements of income were as follows: Three Months Ended March 31, (Dollars in thousands) 2022 2021 Unrealized gains (losses) on equity securities held at the reporting date $ (419) $ — Realized gains (losses) on equity securities sold during the period — — $ (419) $ — Debt Securities Debt securities have been classified in the financial statements as available for sale or held to maturity. The following table summarizes the amortized cost, fair value, and allowance for credit losses of debt securities and the corresponding amounts of gross unrealized gains and losses of available for sale securities recognized in accumulated other comprehensive income (loss) and gross unrecognized gains and losses of held to maturity securities: (Dollars in thousands) Amortized Gross Gross Allowance Fair March 31, 2022 Available for sale securities: Mortgage-backed securities, residential $ 44,898 $ 481 $ (1,539) $ — $ 43,840 Asset-backed securities 6,659 — (10) — 6,649 State and municipal 15,224 116 (7) — 15,333 CLO securities 118,736 2,554 (217) — 121,073 Corporate bonds 1,993 26 (2) — 2,017 SBA pooled securities 2,469 84 (25) — 2,528 Total available for sale securities $ 189,979 $ 3,261 $ (1,800) $ — $ 191,440 (Dollars in thousands) Amortized Gross Gross Fair March 31, 2022 Held to maturity securities: CLO securities $ 6,859 $ 150 $ (1,282) $ 5,727 Allowance for credit losses (2,455) Total held to maturity securities, net of ACL $ 4,404 (Dollars in thousands) Amortized Gross Gross Allowance for Credit Losses Fair December 31, 2021 Available for sale securities: Mortgage-backed securities, residential $ 36,885 $ 720 $ (156) $ — $ 37,449 Asset-backed securities 6,763 2 (1) — 6,764 State and municipal 26,309 516 — — 26,825 CLO Securities 103,579 3,109 (54) — 106,634 Corporate bonds 1,992 64 — — 2,056 SBA pooled securities 2,536 162 — — 2,698 Total available for sale securities $ 178,064 $ 4,573 $ (211) $ — $ 182,426 (Dollars in thousands) Amortized Gross Gross Fair December 31, 2021 Held to maturity securities: CLO securities $ 7,029 $ — $ (1,582) $ 5,447 Allowance for credit losses (2,082) Total held to maturity securities, net of ACL $ 4,947 The amortized cost and estimated fair value of securities at March 31, 2022, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Available for Sale Securities Held to Maturity Securities (Dollars in thousands) Amortized Fair Amortized Fair Due in one year or less $ 2,488 $ 2,494 $ — $ — Due from one year to five years 2,358 2,370 — — Due from five years to ten years 62,704 64,394 6,859 5,727 Due after ten years 68,403 69,165 — — 135,953 138,423 6,859 5,727 Mortgage-backed securities, residential 44,898 43,840 — — Asset-backed securities 6,659 6,649 — — SBA pooled securities 2,469 2,528 — — $ 189,979 $ 191,440 $ 6,859 $ 5,727 There were no securities sold during the three months ended March 31, 2022 and 2021. Debt securities with a carrying amount of approximately $75,199,000 and $72,805,000 at March 31, 2022 and December 31, 2021, respectively, were pledged to secure public deposits, customer repurchase agreements, and for other purposes required or permitted by law. Accrued interest on available for sale securities totaled $725,000 and $802,000 at March 31, 2022 and December 31, 2021, respectively, and was included in other assets in the consolidated balance sheets. There was no accrued interest related to debt securities reversed against interest income for the three months ended March 31, 2022 and 2021. The following table summarizes available for sale debt securities 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 individual securities have been in a continuous loss position: Less than 12 Months 12 Months or More Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized March 31, 2022 Available for sale securities: Mortgage-backed securities, residential $ 25,715 $ (1,539) $ 5 $ — $ 25,720 $ (1,539) Asset-backed securities 1,652 (6) 4,996 (4) 6,648 (10) State and municipal 1,450 (7) — — 1,450 (7) CLO securities 25,033 (217) — — 25,033 (217) Corporate bonds 497 (2) — — 497 (2) SBA pooled securities 1,695 (25) — — 1,695 (25) $ 56,042 $ (1,796) $ 5,001 $ (4) $ 61,043 $ (1,800) Less than 12 Months 12 Months or More Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2021 Available for sale securities: Mortgage-backed securities, residential $ 20,386 $ (155) $ 6 $ (1) $ 20,392 $ (156) Asset-backed securities 37 — 4,999 (1) 5,036 (1) State and municipal 30 — — — 30 — CLO Securities 22,707 (54) — — 22,707 (54) Corporate bonds — — — — — — SBA pooled securities — — — — — — $ 43,160 $ (209) $ 5,005 $ (2) $ 48,165 $ (211) Management evaluates available for sale debt securities in unrealized loss positions to determine whether the impairment is due to credit-related factors or noncredit-related factors. Consideration is given to (1) the extent to which the fair value is 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 security for a period of time sufficient to allow for any anticipated recovery in fair value. At March 31, 2022, the Company had 56 available for sale debt securities in an unrealized loss position without an allowance for credit losses. Management does not have the intent to sell any of these securities and believes that it is more likely than not that the Company will not have to sell any such securities before a recovery of cost. The fair value is expected to recover as the securities approach their maturity date or repricing date or if market yields for such investments decline. Accordingly, as of March 31, 2022, management believes that the unrealized losses detailed in the previous table are due to noncredit-related factors, including changes in interest rates and other market conditions, and therefore no losses have been recognized in the Company’s consolidated statements of income. The following table presents the activity in the allowance for credit losses for held to maturity debt securities: (Dollars in thousands) Three Months Ended March 31, Held to Maturity CLO Securities 2022 2021 Allowance for credit losses: Beginning balance $ 2,082 $ 2,026 Credit loss expense 373 (167) Allowance for credit losses ending balance $ 2,455 $ 1,859 The Company’s held to maturity securities are investments in the unrated subordinated notes of collateralized loan obligation funds. These securities are the junior-most in securitization capital structures, and are subject to suspension of distributions if the credit of the underlying loan portfolios deteriorates materially. The ACL on held to maturity securities is estimated at each measurement date on a collective basis by major security type. At March 31, 2022 and December 31, 2021, the Company’s held to maturity securities consisted of three investments in the subordinated notes of collateralized loan obligation (“CLO”) funds. Expected credit losses for these securities are estimated using a discounted cash flow methodology which considers historical credit loss information that is adjusted for current conditions and reasonable and supportable forecasts. Ultimately, the realized cash flows on CLO securities such as these will be driven by a variety of factors, including credit performance of the underlying loan portfolio, adjustments to the portfolio by the asset manager, and the timing of a potential call. At March 31, 2022, $5,432,000 of the Company’s held to maturity securities were classified as nonaccrual.

Loans and Allowance for Credit

Loans and Allowance for Credit Losses	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Loans and Allowance for Credit Losses	LOANS AND ALLOWANCE FOR CREDIT LOSSES Loans Held for Sale The following table presents loans held for sale: (Dollars in thousands) March 31, 2022 December 31, 2021 1-4 family residential $ 597 $ 712 Commercial 10 6,618 Total loans held for sale $ 607 $ 7,330 Loans held for sale exclude loans transferred to assets held for sale as part of a disposal group. For further information regarding loans transferred to assets held for sale as part of a disposal group, see Note 2 — Acquisitions and Divestitures. Loans Held for Investment Loans The following table presents the amortized cost and unpaid principal balance of loans held for investment: March 31, 2022 December 31, 2021 (Dollars in thousands) Amortized Unpaid Difference Amortized Unpaid Difference Commercial real estate $ 625,763 $ 627,657 $ (1,894) $ 632,775 $ 634,319 $ (1,544) Construction, land development, land 119,560 119,628 (68) 123,464 123,643 (179) 1-4 family residential 117,534 117,873 (339) 123,115 123,443 (328) Farmland 17,910 18,102 (192) 77,394 77,905 (511) Commercial 1,375,044 1,383,979 (8,935) 1,430,429 1,440,542 (10,113) Factored receivables 1,764,590 1,769,774 (5,184) 1,699,537 1,703,936 (4,399) Consumer 9,276 9,284 (8) 10,885 10,883 2 Mortgage warehouse 694,401 694,401 — 769,973 769,973 — Total loans held for investment 4,724,078 $ 4,740,698 $ (16,620) 4,867,572 $ 4,884,644 $ (17,072) Allowance for credit losses (41,553) (42,213) $ 4,682,525 $ 4,825,359 The difference between the amortized cost and the unpaid principal is primarily (1) premiums and discounts associated with acquired loans totaling $11,143,000 and $11,723,000 at March 31, 2022 and December 31, 2021, respectively, and (2) net deferred origination and factoring fees totaling $5,477,000 and $5,349,000 at March 31, 2022 and December 31, 2021, respectively. Accrued interest on loans, which is excluded from the amortized cost of loans held for investment, totaled $12,056,000 and $14,513,000 at March 31, 2022 and December 31, 2021, respectively, and was included in other assets in the consolidated balance sheets. At March 31, 2022 and December 31, 2021, the Company had $231,506,000 and $254,970,000, respectively, of customer reserves associated with factored receivables. These amounts represent customer reserves held to settle any payment disputes or collection shortfalls, may be used to pay customers’ obligations to various third parties as directed by the customer, are periodically released to or withdrawn by customers, and are reported as deposits in the consolidated balance sheets. At March 31, 2022 and December 31, 2021 the balance of the Over-Formula Advance Portfolio included in factored receivables was $9,646,000 and $10,077,000, respectively. These balances were fully reserved as of those respective dates. At March 31, 2022 the Company carried a separate $19,361,000 receivable (the “Misdirected Payments”) payable by the United States Postal Service (“USPS”) arising from accounts factored to the largest Over-Formula Advance Portfolio carrier. This amount is separate from the acquired Over-Formula Advances. The amounts represented by this receivable were paid by the USPS directly to such customer in contravention of notices of assignment delivered to, and previously honored by, the USPS, which amount was then not remitted back to us by such customer as required. The USPS disputes their obligation to make such payment, citing purported deficiencies in the notices delivered to them. We have commenced litigation in the United States Court of Federal Claims against the USPS seeking a ruling that the USPS was obligated to make the payments represented by this receivable directly to us. Based on our legal analysis and discussions with our counsel advising us on this matter, we continue to believe it is probable that we will prevail in such action and that the USPS will have the capacity to make payment on such receivable. Consequently, we have not reserved for such balance as of March 31, 2022. Loans with carrying amounts of $1,578,984,000 and $1,733,917,000 at March 31, 2022 and December 31, 2021, respectively, were pledged to secure Federal Home Loan Bank borrowing capacity, Paycheck Protection Program Liquidity Facility borrowings and Federal Reserve Bank discount window borrowing capacity. Loans transferred from loans held for investment to loans held for sale at fair value concurrently with management’s change in intent and decision to sell the loans, proceeds from sales of loans transferred to held for sale, and net gains and losses on transfers and sales of loans were as follows: Three Months Ended March 31, (Dollars in thousands) 2022 2021 Loans transferred from held for investment to loans held for sale $ 1,932 $ 27,407 Proceeds from sales of loans transferred to loans held for sale 7,444 20,406 Net gains and (losses) on transfers and sales of loans held for sale (144) 1,053 Net gains and losses on transfers and sales of loans are recorded as other noninterest income in the consolidated statements of income. Loans transferred from loans held for investment to loans held for sale above exclude loans transferred to assets held for sale as part of a disposal group. For further information regarding loans transferred to assets held for sale as part of a disposal group, see Note 2 — Acquisitions and Divestitures. Allowance for Credit Losses The Company’s estimate of the ACL reflects losses expected over the remaining contractual life of the assets. The contractual term does not consider extensions, renewals or modifications unless the Company has identified an expected troubled debt restructuring. The activity in the allowance for credit losses (“ACL”) related to loans held for investment is as follows: (Dollars in thousands) Beginning Credit Loss Charge-offs Recoveries Ending Three months ended March 31, 2022 Commercial real estate $ 3,961 $ (340) $ (108) $ 14 $ 3,527 Construction, land development, land 827 73 — 1 901 1-4 family residential 468 (21) — 3 450 Farmland 562 (441) — — 121 Commercial 14,485 (607) (724) 61 13,215 Factored receivables 20,915 2,235 (708) 29 22,471 Consumer 226 41 (111) 19 175 Mortgage warehouse 769 (76) — — 693 $ 42,213 $ 864 $ (1,651) $ 127 $ 41,553 (Dollars in thousands) Beginning Credit Loss Charge-offs Recoveries Ending Three months ended March 31, 2021 Commercial real estate $ 10,182 $ (3,364) $ — $ 5 $ 6,823 Construction, land development, land 3,418 (1,737) (12) 1 1,670 1-4 family residential 1,225 (678) — 84 631 Farmland 832 (133) — — 699 Commercial 22,040 (5,071) (273) 462 17,158 Factored receivables 56,463 4,718 (41,503) 38 19,716 Consumer 542 (193) (79) 26 296 Mortgage warehouse 1,037 (6) — — 1,031 $ 95,739 $ (6,464) $ (41,867) $ 616 $ 48,024 The decrease in required ACL during the three months ended March 31, 2022 is a function of net charge-offs of $1.5 million and credit loss expense of $0.9 million. The Company uses the discounted cash flow (DCF) method to estimate ACL for the commercial real estate, construction, land development, land, 1-4 family residential, commercial (excluding liquid credit and PPP), and consumer loan pools. For all loan pools utilizing the DCF method, the Company utilizes and forecasts national unemployment as a loss driver. The Company also utilizes and forecasts either one-year percentage change in national retail sales (commercial real estate – non multifamily, commercial general, commercial agriculture, commercial asset-based lending, commercial equipment finance, consumer), one-year percentage change in the national home price index (1-4 family residential and construction, land development, land), or one-year percentage change in national gross domestic product (commercial real estate – multifamily) as a second loss driver depending on the nature of the underlying loan pool and how well that loss driver correlates to expected future losses. Consistent forecasts of the loss drivers are used across the loan segments. For all DCF models at March 31, 2022, the Company has determined that four quarters represents a reasonable and supportable forecast period and reverts back to a historical loss rate over eight quarters on a straight-line basis. The Company leverages economic projections from a reputable and independent third party to inform its loss driver forecasts over the four-quarter forecast period. Other internal and external indicators of economic forecasts are also considered by the Company when developing the forecast metrics. At March 31, 2022, as compared to December 31, 2021, the Company forecasted a decrease in national unemployment, an increase in one-year percentage change in national retail sales, a decrease in one-year percentage change in the national home price index, and a decrease in one-year percentage change in national gross domestic product.. At March 31, 2022, for national unemployment, the Company projected a low percentage in the first quarter followed by a gradual rise in the following three quarters. For percentage change in national retail sales, the Company projected sustained levels in the first two projected quarters followed by a decline over the last two projected quarters to a level below recent actual periods. For percentage changes in national home price index and national gross domestic product, the Company projected declines over the last three projected quarters to levels below recent actual periods. The Company uses a loss-rate method to estimate expected credit losses for the farmland, liquid credit, factored receivable, and mortgage warehouse loan pools. For each of these loan segments, the Company applies an expected loss ratio based on internal and peer historical losses adjusted as appropriate for qualitative factors. Qualitative loss factors are based on the Company's judgment of company, market, industry or business specific data, changes in underlying loan composition of specific portfolios, trends relating to credit quality, delinquency, non-performing and adversely rated loans, and reasonable and supportable forecasts of economic conditions. Loss factors used to calculate the required ACL on pools that use the loss-rate method reflect the forecasted economic conditions described above. For the three months ended March 31, 2022, changes in projected loss drivers and assumptions over the reasonable and supportable forecast period decreased the required ACL by $1,017,000. Changes in the volume and mix of the loan portfolio also decreased the required ACL at March 31, 2022. These decreases were offset by an increase in net new required specific reserves and net charge-off activity during the three months ended March 31, 2022. The decrease in required ACL during the three months ended March 31, 2021 is a function of net charge-offs of $41,251,000 and a benefit to credit loss expense of $6,464,000. Included in net charge-offs for the period was a charge-off of $41,265,000 due from the largest acquired Over-Formula Advance client which had been fully reserved in a prior period. As of March 31, 2022, the entire remaining acquired PCD Over-Formula Advance balance was fully reserved. See Note 2 – Acquisitions and Divestitures for further discussion of Over-Formula Advance activity. The following table presents the amortized cost basis of collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related ACL allocated to these loans: (Dollars in thousands) Real Estate Accounts Equipment Other Total ACL March 31, 2022 Commercial real estate $ 2,161 $ — $ — $ 153 $ 2,314 $ 283 Construction, land development, land 175 — — — 175 — 1-4 family residential 1,510 — — 114 1,624 39 Farmland 1,218 — 121 116 1,455 — Commercial 227 — 4,481 2,655 7,363 1,472 Factored receivables — 53,072 — — 53,072 13,724 Consumer — — — 219 219 21 Mortgage warehouse — — — — — — Total $ 5,291 $ 53,072 $ 4,602 $ 3,257 $ 66,222 $ 15,539 At March 31, 2022 the balance of the Over-Formula Advance Portfolio included in factored receivables was $9,646,000 and was fully reserved. At March 31, 2022 the balance of Misdirected Payments included in factored receivables was $19,361,000 and carried no ACL allocation. (Dollars in thousands) Real Estate Accounts Equipment Other Total ACL December 31, 2021 Commercial real estate $ 2,143 $ — $ — $ 155 $ 2,298 $ 283 Construction, land development, land 987 — — — 987 — 1-4 family residential 1,583 — — 116 1,699 39 Farmland 1,803 — 126 116 2,045 — Commercial 254 — 5,598 3,017 8,869 1,733 Factored receivables — 42,863 — — 42,863 12,640 Consumer — — — 240 240 21 Mortgage warehouse — — — — — — Total $ 6,770 $ 42,863 $ 5,724 $ 3,644 $ 59,001 $ 14,716 At December 31, 2021 the balance of the Over-Formula Advance Portfolio included in factored receivables was $10,077,000 and carried an ACL allocation of $10,077,000. At December 31, 2021 the balance of Misdirected Payments included in factored receivables was $19,361,000 and carried no ACL allocation. Past Due and Nonaccrual Loans The following tables present an aging of contractually past due loans: (Dollars in thousands) Past Due Past Due Past Due 90 Total Current Total Past Due 90 March 31, 2022 Commercial real estate $ — $ — $ 16 $ 16 $ 625,747 $ 625,763 $ — Construction, land development, land 7 — 168 175 119,385 119,560 — 1-4 family residential 1,192 176 1,002 2,370 115,164 117,534 — Farmland — — 779 779 17,131 17,910 — Commercial 923 969 5,237 7,129 1,367,915 1,375,044 — Factored receivables 50,389 20,082 47,719 118,190 1,646,400 1,764,590 47,719 Consumer 176 21 109 306 8,970 9,276 — Mortgage warehouse — — — — 694,401 694,401 — Total $ 52,687 $ 21,248 $ 55,030 $ 128,965 $ 4,595,113 $ 4,724,078 $ 47,719 (Dollars in thousands) Past Due Past Due Past Due 90 Total Current Total Past Due 90 December 31, 2021 Commercial real estate $ 1,021 $ — $ 16 $ 1,037 $ 631,738 $ 632,775 $ — Construction, land development, land 30 — 145 175 123,289 123,464 — 1-4 family residential 730 332 1,114 2,176 120,939 123,115 134 Farmland 378 154 977 1,509 75,885 77,394 — Commercial 996 346 4,948 6,290 1,424,139 1,430,429 — Factored receivables 70,109 18,302 39,134 127,545 1,571,992 1,699,537 39,134 Consumer 255 48 99 402 10,483 10,885 — Mortgage warehouse — — — — 769,973 769,973 — Total $ 73,519 $ 19,182 $ 46,433 $ 139,134 $ 4,728,438 $ 4,867,572 $ 39,268 At March 31, 2022 and December 31, 2021, total past due Over-Formula Advances recorded in factored receivables was $9,646,000 and $10,077,000, respectively, all of which was considered past due 90 days or more. Aging of the Over-Formula Advances is based upon the service month on which the advances were made by TFS prior to acquisition. At March 31, 2022 and December 31, 2021, the Misdirected Payments totaled $19,361,000, all of which was considered past due 90 days or more. Given the nature of factored receivables, these assets are disclosed as past due 90 days or more still accruing; however, the Company is not recognizing income on the assets at March 31, 2022. Historically, any income recognized on factored receivables that are past due 90 days or more has not been material. The following table presents the amortized cost basis of loans on nonaccrual status and the amortized cost basis of loans on nonaccrual status for which there was no related allowance for credit losses: March 31, 2022 December 31, 2021 (Dollars in thousands) Nonaccrual Nonaccrual Nonaccrual Nonaccrual Commercial real estate $ 2,039 $ 1,423 $ 2,025 $ 1,375 Construction, land development, land 175 175 964 964 1-4 family residential 1,609 1,503 1,683 1,582 Farmland 1,455 1,455 2,044 2,044 Commercial 6,675 2,815 8,078 3,910 Factored receivables — — — — Consumer 219 139 240 159 Mortgage warehouse — — — — $ 12,172 $ 7,510 $ 15,034 $ 10,034 The following table presents accrued interest on nonaccrual loans reversed through interest income: Three Months Ended March 31, (Dollars in thousands) 2022 2021 Commercial real estate $ — $ — Construction, land development, land — — 1-4 family residential — 1 Farmland — 6 Commercial 4 3 Factored receivables — — Consumer — — Mortgage warehouse — — $ 4 $ 10 There was no interest earned on nonaccrual loans during the three months ended March 31, 2022 and 2021. The following table presents information regarding nonperforming loans: (Dollars in thousands) March 31, 2022 December 31, 2021 Nonaccrual loans (1) $ 12,172 $ 15,034 Factored receivables greater than 90 days past due 30,309 29,057 Other nonperforming factored receivables (2) 1,213 1,428 Troubled debt restructurings accruing interest 689 765 $ 44,383 $ 46,284 (1) Includes troubled debt restructurings of $3,245,000 and $3,912,000 at March 31, 2022 and December 31, 2021, respectively. (2) Other nonperforming factored receivables represent the portion of the Over-Formula Advance Portfolio that is not covered by Covenant's indemnification. This amount is also considered Classified from a risk rating perspective. Credit Quality Information The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt, including: current collateral and financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans as to credit risk on a regular basis. Large groups of smaller balance homogeneous loans, such as consumer loans, are analyzed primarily based on payment status. The Company uses the following definitions for risk ratings: Pass – Pass rated loans have low to average risk and are not otherwise classified. Classified – Classified loans are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the repayment of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Certain classified loans have 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. Management considers the guidance in ASC 310-20 when determining whether a modification, extension, or renewal of loan constitutes a current period origination. Generally, current period renewals of credit are re-underwritten at the point of renewal and considered current period originations for purposes of the table below. As of March 31, 2022 and December 31, 2021, based on the most recent analysis performed, the risk category of loans is as follows: Revolving Revolving Total (Dollars in thousands) Year of Origination March 31, 2022 2022 2021 2020 2019 2018 Prior Commercial real estate Pass $ 87,684 $ 193,924 $ 216,244 $ 47,620 $ 20,786 $ 48,701 $ 4,253 $ — $ 619,212 Classified — 3,637 2,602 40 — 16 256 — 6,551 Total commercial real estate $ 87,684 $ 197,561 $ 218,846 $ 47,660 $ 20,786 $ 48,717 $ 4,509 $ — $ 625,763 Construction, land development, land Pass $ 7,412 $ 48,081 $ 33,997 $ 4,617 $ 23,327 $ 602 $ 9 $ — $ 118,045 Classified — 1,362 8 — — 145 — — 1,515 Total construction, land development, land $ 7,412 $ 49,443 $ 34,005 $ 4,617 $ 23,327 $ 747 $ 9 $ — $ 119,560 1-4 family residential Pass $ 11,019 $ 23,059 $ 13,562 $ 9,007 $ 5,162 $ 23,060 $ 30,667 $ 322 $ 115,858 Classified — 261 178 53 5 1,099 80 — 1,676 Total 1-4 family residential $ 11,019 $ 23,320 $ 13,740 $ 9,060 $ 5,167 $ 24,159 $ 30,747 $ 322 $ 117,534 Farmland Pass $ 177 $ 2,897 $ 2,809 $ 2,663 $ 2,317 $ 4,094 $ 1,016 $ 237 $ 16,210 Classified — 199 504 602 — 395 — — 1,700 Total farmland $ 177 $ 3,096 $ 3,313 $ 3,265 $ 2,317 $ 4,489 $ 1,016 $ 237 $ 17,910 Commercial Pass $ 109,751 $ 387,247 $ 293,748 $ 70,976 $ 14,458 $ 10,748 $ 465,709 $ 178 $ 1,352,815 Classified 1,329 13,759 5,573 420 548 201 399 — 22,229 Total commercial $ 111,080 $ 401,006 $ 299,321 $ 71,396 $ 15,006 $ 10,949 $ 466,108 $ 178 $ 1,375,044 Factored receivables Pass $ 1,732,472 $ — $ — $ — $ — $ — $ — $ — $ 1,732,472 Classified 11,543 — 20,575 — — — — — 32,118 Total factored receivables $ 1,744,015 $ — $ 20,575 $ — $ — $ — $ — $ — $ 1,764,590 Consumer Pass $ 1,374 $ 1,820 $ 1,354 $ 422 $ 447 $ 3,587 $ 53 $ — $ 9,057 Classified — 3 — — — 216 — — 219 Total consumer $ 1,374 $ 1,823 $ 1,354 $ 422 $ 447 $ 3,803 $ 53 $ — $ 9,276 Mortgage warehouse Pass $ 694,401 $ — $ — $ — $ — $ — $ — $ — $ 694,401 Classified — — — — — — — — — Total mortgage warehouse $ 694,401 $ — $ — $ — $ — $ — $ — $ — $ 694,401 Total loans Pass $ 2,644,290 $ 657,028 $ 561,714 $ 135,305 $ 66,497 $ 90,792 $ 501,707 $ 737 $ 4,658,070 Classified 12,872 19,221 29,440 1,115 553 2,072 735 — 66,008 Total loans $ 2,657,162 $ 676,249 $ 591,154 $ 136,420 $ 67,050 $ 92,864 $ 502,442 $ 737 $ 4,724,078 Revolving Revolving Total (Dollars in thousands) Year of Origination December 31, 2021 2021 2020 2019 2018 2017 Prior Commercial real estate Pass $ 211,088 $ 249,652 $ 50,223 $ 25,930 $ 47,447 $ 37,290 $ 4,595 $ — $ 626,225 Classified 2,879 3,358 41 — 16 — 256 — 6,550 Total commercial real estate $ 213,967 $ 253,010 $ 50,264 $ 25,930 $ 47,463 $ 37,290 $ 4,851 $ — $ 632,775 Construction, land development, land Pass $ 56,764 $ 33,756 $ 4,744 $ 23,696 $ 1,199 $ 994 $ 8 $ — $ 121,161 Classified 2,150 8 — — — 145 — — 2,303 Total construction, land development, land $ 58,914 $ 33,764 $ 4,744 $ 23,696 $ 1,199 $ 1,139 $ 8 $ — $ 123,464 1-4 family residential Pass $ 26,840 $ 15,195 $ 9,485 $ 6,526 $ 8,591 $ 22,151 $ 32,210 $ 318 $ 121,316 Classified 273 233 53 6 64 1,089 81 — 1,799 Total 1-4 family residential $ 27,113 $ 15,428 $ 9,538 $ 6,532 $ 8,655 $ 23,240 $ 32,291 $ 318 $ 123,115 Farmland Pass $ 14,387 $ 13,396 $ 7,892 $ 8,040 $ 10,040 $ 19,792 $ 1,317 $ 241 $ 75,105 Classified 199 612 593 333 128 298 126 — 2,289 Total farmland $ 14,586 $ 14,008 $ 8,485 $ 8,373 $ 10,168 $ 20,090 $ 1,443 $ 241 $ 77,394 Commercial Pass $ 466,254 $ 332,746 $ 77,010 $ 18,940 $ 15,032 $ 7,704 $ 490,159 $ 49 $ 1,407,894 Classified 9,317 6,858 5,088 558 56 456 202 — 22,535 Total commercial $ 475,571 $ 339,604 $ 82,098 $ 19,498 $ 15,088 $ 8,160 $ 490,361 $ 49 $ 1,430,429 Factored receivables Pass $ 1,667,922 $ — $ — $ — $ — $ — $ — $ — $ 1,667,922 Classified 10,826 20,789 — — — — — — 31,615 Total factored receivables $ 1,678,748 $ 20,789 $ — $ — $ — $ — $ — $ — $ 1,699,537 Consumer Pass $ 3,252 $ 1,794 $ 669 $ 553 $ 2,424 $ 1,882 $ 70 $ — $ 10,644 Classified 5 — — 12 119 105 — — 241 Total consumer $ 3,257 $ 1,794 $ 669 $ 565 $ 2,543 $ 1,987 $ 70 $ — $ 10,885 Mortgage warehouse Pass $ 769,973 $ — $ — $ — $ — $ — $ — $ — $ 769,973 Classified — — — — — — — — — Total mortgage warehouse $ 769,973 $ — $ — $ — $ — $ — $ — $ — $ 769,973 Total loans Pass $ 3,216,480 $ 646,539 $ 150,023 $ 83,685 $ 84,733 $ 89,813 $ 528,359 $ 608 $ 4,800,240 Classified 25,649 31,858 5,775 909 383 2,093 665 — 67,332 Total loans $ 3,242,129 $ 678,397 $ 155,798 $ 84,594 $ 85,116 $ 91,906 $ 529,024 $ 608 $ 4,867,572 Troubled Debt Restructurings and Loan Modifications The Company had troubled debt restructurings with an amortized cost of $3,934,000 and $4,677,000 as of March 31, 2022 and December 31, 2021, respectively. The Company had allocated $924,000 and $1,068,000 of allowance for those loans at March 31, 2022 and December 31, 2021, respectively, and had not committed to lend additional amounts. The Company did not have any loans modified as troubled debt restructurings during the three months ended March 31, 2022. The following table presents the pre- and post-modification recorded investment of loans modified as troubled debt restructurings during the three months ended March 31, 2021. The Company did not grant principal reductions on any restructured loans. (Dollars in thousands) Extended Payment Protective Advances Total Number of Three months ended March 31, 2021 Commercial real estate $ — $ — $ 741 $ 741 1 Commercial — $ — $ — $ 741 $ 741 1 During the three months ended March 31, 2022, the Company did not have any loans modified as troubled debt restructurings for which there were payment defaults within twelve months following the modification. During the three months ended March 31, 2021, the Company had two loans modified as troubled debt restructurings with a recorded investment of $5,841,000 for which there were payment defaults within twelve months following the modification. Default is determined at 90 or more days past due, upon charge-off, or upon foreclosure. The following table summarizes the balance of loans modified for borrowers impacted by the COVID-19 pandemic. Three Months Ended March 31, (Dollars in thousands) 2022 2021 Total modifications — 10,459 These modifications primarily consisted of payment deferrals to assist customers. As these modifications related to the COVID-19 pandemic and qualify under the provisions of either Section 4013 of the CARES act or Interagency Guidance, they are not considered troubled debt restructurings. The following table summarized the amortized cost of loans with payments currently in deferral and the accrued interest related to the loans with payments in deferral at March 31, 2022 and December 31, 2021: (Dollars in thousands) Total Balance of Percentage Accrued March 31, 2022 Commercial real estate $ 625,763 $ — — % $ — Construction, land development, land 119,560 1,340 1.1 % 5 1-4 family residential 117,534 — — % — Farmland 17,910 — — % — Commercial 1,375,044 — — % — Factored receivables 1,764,590 — — % — Consumer 9,276 — — % — Mortgage warehouse 694,401 — — % — Total $ 4,724,078 $ 1,340 — % $ 5 (Dollars in thousands) Total Balance of Percentage Accrued December 31, 2021 Commercial real estate $ 632,775 $ 30,212 4.8 % $ 116 Construction, land development, land 123,464 1,340 1.1 % 5 1-4 family residential 123,115 — — % — Farmland 77,394 338 0.4 % 3 Commercial 1,430,429 — — % — Factored receivables 1,699,537 — — % — Consumer 10,885 6 0.1 % — Mortgage warehouse 769,973 — — % — Total $ 4,867,572 $ 31,896 0.7 % $ 124 Residential Real Estate Loans In Process of Foreclosure At March 31, 2022 and December 31, 2021, the Company had $301,000 and $301,000, respectively, in 1-4 family residential real estate loans for which formal foreclosure proceedings were in process.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	GOODWILL AND INTANGIBLE ASSETS Goodwill and intangible assets consist of the following: (Dollars in thousands) March 31, 2022 December 31, 2021 Goodwill $ 230,492 $ 233,727 March 31, 2022 December 31, 2021 (Dollars in thousands) Gross Carrying Accumulated Net Carrying Gross Carrying Accumulated Net Carrying Core deposit intangibles $ 42,184 $ (32,724) $ 9,460 $ 43,578 $ (31,800) $ 11,778 Software intangible assets 16,932 (3,528) 13,404 16,932 (2,469) 14,463 Other intangible assets 29,560 (13,797) 15,763 29,560 (12,672) 16,888 $ 88,676 $ (50,049) $ 38,627 $ 90,070 $ (46,941) $ 43,129 The changes in goodwill and intangible assets during the three months ended March 31, 2022 and 2021 are as follows: Three Months Ended March 31, (Dollars in thousands) 2022 2021 Beginning balance $ 276,856 $ 189,922 Acquired goodwill - measurement period adjustment (18) 59 Goodwill transferred to assets held for sale (3,217) — Intangible assets transferred to assets held for sale (1,394) — Amortization of intangibles (3,108) (1,975) Ending balance $ 269,119 $ 188,006

Derivative Financial Instrument

Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	DERIVATIVE FINANCIAL INSTRUMENTS The Company is exposed to certain risk arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk primarily by managing the amount, sources, and duration of its assets and liabilities and the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company’s derivative financial instruments are used to manage differences in the amount, timing, and duration of the Company’s known or expected cash receipts and its known or expected cash payments principally related to the Company’s interest bearing deposits. The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. Beginning in June 2020, such derivatives were used to hedge the variable cash flows associated with interest bearing deposits. The Company discontinues hedge accounting when it determines that the derivative is no longer effective in offsetting changes in the cash flows of the hedged item, the derivative is settled or terminated, or treatment of the derivative as a hedge is no longer appropriate or intended. During the three months ended March 31, 2022, the Company terminated its single derivative with a notional value totaling $200,000,000, resulting in a termination value of $9,316,000, which will be reclassified into earnings through interest expense in the consolidated statements of income on a straight-line basis through 2025. The following table presents the pre-tax impact of the terminated cash flow hedge on AOCI: Three Months Ended March 31, (Dollars in thousands) 2022 2021 Unrealized gains on terminated hedges included in AOCI, January 1, 2021 $ — $ — Unrealized gains on terminated hedges arising during the period 9,316 — Reclassification adjustments for amortization of unrealized (gains) into net income (233) — Unrealized gains on terminated hedges included in AOCI, March 31, 2022 $ 9,083 $ — The Company expects to reclassify into earnings approximately $2,795,000 in pre-tax gains related to the amortization of the discontinued cash flow hedge within the next twelve months. The Company did not have any derivative financial instruments at March 31, 2022. The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Balance Sheet as of December 31, 2021: Derivative Assets As of December 31, 2021 (Dollars in thousands) Notional Balance Fair Value Derivatives designated as hedging instruments: Interest rate swaps $ 200,000 Other Assets $ 6,164 The table below presents the effect of cash flow hedge accounting on Accumulated Other Comprehensive Income, net of tax: Amount of Amount of Location of Amount of Amount of (Dollars in thousands) Three Months Ended March 31, 2022 Derivatives in cash flow hedging relationships: Interest rate swaps $ 2,234 $ 2,234 Interest Expense $ (164) $ (164) Three Months Ended March 31, 2021 Derivatives in cash flow hedging relationships: Interest rate swaps $ 2,812 $ 2,812 Interest Expense $ 18 $ 18

Variable Interest Entities

Variable Interest Entities	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	VARIABLE INTEREST ENTITIES Collateralized Loan Obligation Funds – Closed The Company holds investments in the subordinated notes of the following closed Collateralized Loan Obligation (“CLO”) funds: (Dollars in thousands) Offering Offering Trinitas CLO IV, LTD (Trinitas IV) June 2, 2016 $ 406,650 Trinitas CLO V, LTD (Trinitas V) September 22, 2016 $ 409,000 Trinitas CLO VI, LTD (Trinitas VI) June 20, 2017 $ 717,100 The net carrying amounts of the Company’s investments in the subordinated notes of the CLO funds, which represent the Company’s maximum exposure to loss as a result of its involvement with the CLO funds, totaled $4,404,000 and $4,947,000 at March 31, 2022 and December 31, 2021, respectively, and are classified as held to maturity securities within the Company’s consolidated balance sheets. The Company performed a consolidation analysis to confirm whether the Company was required to consolidate the assets, liabilities, equity or operations of the closed CLO funds in its financial statements. The Company concluded that the closed CLO funds were variable interest entities and that the Company holds variable interests in the entities in the form of its investments in the subordinated notes of entities. However, the Company also concluded that the Company does not have the power to direct the activities that most significantly impact the entities’ economic performance. As a result, the Company was not the primary beneficiary and therefore was not required to consolidate the assets, liabilities, equity, or operations of the closed CLO funds in the Company’s financial statements.

Legal Contingencies

Legal Contingencies	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Legal Contingencies	LEGAL CONTINGENCIESVarious legal claims have arisen from time to time in the normal course of business which, in the opinion of management, will have no material effect on the Company’s consolidated financial statements.

Off-Balance Sheet Loan Commitme

Off-Balance Sheet Loan Commitments	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Off-Balance Sheet Loan Commitments	OFF-BALANCE SHEET LOAN COMMITMENTS From time to time, the Company is a 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. Those instruments involve, to varying degrees, elements of 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 it does for on-balance sheet financial instruments. The contractual amounts of financial instruments with off-balance sheet risk were as follows: March 31, 2022 December 31, 2021 (Dollars in thousands) Fixed Rate Variable Rate Total Fixed Rate Variable Rate Total Unused lines of credit $ 21,159 $ 514,262 $ 535,421 $ 26,029 $ 523,483 $ 549,512 Standby letters of credit $ 4,498 $ 5,650 $ 10,148 $ 11,090 $ 5,409 $ 16,499 Commitments to purchase loans $ — $ 95,999 $ 95,999 $ — $ 108,423 $ 108,423 Mortgage warehouse commitments $ — $ 903,443 $ 903,443 $ — $ 823,060 $ 823,060 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 fully drawn upon, the total commitment amounts disclosed above 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 considered necessary by the Company, upon extension of credit, is based on management’s credit evaluation of the customer. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. In the event of nonperformance by the customer, the Company has rights to the underlying collateral, which can include commercial real estate, physical plant and property, inventory, receivables, cash and marketable securities. The credit risk to the Company in issuing letters of credit is essentially the same as that involved in extending loan facilities to its customers. Commitments to purchase loans represent loans purchased by the Company that have not yet settled. Mortgage warehouse commitments are unconditionally cancellable and represent the unused capacity on mortgage warehouse facilities the Company has approved. The Company reserves the right to refuse to buy any mortgage loans offered for sale by a customer, for any reason, at the Company’s sole and absolute discretion. The Company records an allowance for credit losses on off-balance sheet credit exposures through a charge to credit loss expense on the Company’s consolidated statements of income. At March 31, 2022 and December 31, 2021, the allowance for credit losses on off-balance sheet credit exposures totaled $3,347,000 and $4,082,000, respectively, and was included in other liabilities on the Company’s consolidated balance sheets. The following table presents credit loss expense for off balance sheet credit exposures: Three Months Ended March 31, (Dollars in thousands) 2022 2021 Credit loss expense (benefit) $ (736) $ (1,214)

Fair Value Disclosures

Fair Value Disclosures	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures Fair value is the exchange price that would be received for an asset or paid to transfer a liability (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. There are three levels of inputs that may be used to measure fair values: Level 1 – Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2 – Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3 – Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. The methods of determining the fair value of assets and liabilities presented in this note are consistent with the methodologies disclosed in Note 17 of the Company’s 2021 Form 10-K. Assets and liabilities measured at fair value on a recurring basis are summarized in the table below. (Dollars in thousands) Fair Value Measurements Using Total March 31, 2022 Level 1 Level 2 Level 3 Assets measured at fair value on a recurring basis Securities available for sale Mortgage-backed securities, residential $ — $ 43,840 $ — $ 43,840 Asset-backed securities — 6,649 — 6,649 State and municipal — 15,333 — 15,333 CLO securities — 121,073 — 121,073 Corporate bonds — 2,017 — 2,017 SBA pooled securities — 2,528 — 2,528 $ — $ 191,440 $ — $ 191,440 Equity securities Mutual fund $ 5,085 $ — $ — $ 5,085 Loans held for sale $ — $ 607 $ — $ 607 Indemnification asset $ — $ — $ 4,582 $ 4,582 (Dollars in thousands) Fair Value Measurements Using Total December 31, 2021 Level 1 Level 2 Level 3 Assets measured at fair value on a recurring basis Securities available for sale Mortgage-backed securities, residential $ — $ 37,449 $ — $ 37,449 Asset-backed securities — 6,764 — 6,764 State and municipal — 26,825 — 26,825 CLO Securities — 106,634 — 106,634 Corporate bonds — 2,056 — 2,056 SBA pooled securities — 2,698 — 2,698 $ — $ 182,426 $ — $ 182,426 Equity securities Mutual fund $ 5,504 $ — $ — $ 5,504 Loans held for sale $ — $ 7,330 $ — $ 7,330 Derivative financial instruments (cash flow hedges) Interest rate swap $ — $ 6,164 $ — $ 6,164 Indemnification asset $ — $ — $ 4,786 $ 4,786 There were no transfers between levels during 2022 or 2021. The fair value of the indemnification asset is calculated as the present value of the estimated cash payments expected to be received from Covenant for probable losses on the covered Over-Formula Advance Portfolio. The cash flows are discounted at a rate to reflect the uncertainty of the timing and receipt of the payments from Covenant. The indemnification asset is reviewed quarterly and changes to the asset are recorded as adjustments to other noninterest income or expense, as appropriate, within the Consolidated Statements of Income. The indemnification asset fair value is considered a Level 3 classification. At March 31, 2022 and December 31, 2021, the estimated cash payments expected to be received from Covenant for probable losses on the covered Over-Formula Advance Portfolio were approximately $4,823,000 and $5,038,000, respectively, and a discount rate of 5.0% and 5.0%, respectively, was applied to calculate the present value of the indemnification asset. A reconciliation of the opening balance to the closing balance of the fair value of the indemnification asset is as follows: Three Months Ended March 31, (Dollars in thousands) 2022 2021 Beginning balance $ 4,786 $ 36,225 Indemnification asset recognized in business combination — — Change in fair value of indemnification asset recognized in earnings (204) 4,654 Indemnification reduction — (35,633) Ending balance $ 4,582 $ 5,246 Assets measured at fair value on a non-recurring basis are summarized in the table below. There were no liabilities measured at fair value on a non-recurring basis at March 31, 2022 and December 31, 2021. (Dollars in thousands) Fair Value Measurements Using Total March 31, 2022 Level 1 Level 2 Level 3 Collateral dependent loans Commercial real estate $ — $ — $ 333 $ 333 1-4 family residential — — 67 67 Commercial — — 2,387 2,387 Factored receivables — — 39,349 39,349 Consumer — — 59 59 Other real estate owned (1) 1-4 family residential — — 135 135 Farmland — — 116 116 $ — $ — $ 42,446 $ 42,446 (Dollars in thousands) Fair Value Measurements Using Total December 31, 2021 Level 1 Level 2 Level 3 Collateral dependent loans Commercial real estate $ — $ — $ 366 $ 366 1-4 family residential — — 61 61 Commercial — — 2,435 2,435 Factored receivables — — 30,224 30,224 Consumer — — 60 60 Other real estate owned (1) Commercial real estate — — 7 7 Construction, land development, land — — 63 63 $ — $ — $ 33,216 $ 33,216 (1) Represents the fair value of OREO that was adjusted during the year to date period and subsequent to its initial classification as OREO. Collateral Dependent Loans Specific Allocation of ACL : A loan is considered to be a collateral dependent loan when, based on current information and events, the Company expects repayment of the financial assets to be provided substantially through the operation or sale of the collateral and the Company has determined that the borrower is experiencing financial difficulty as of the measurement date. The ACL is measured by estimating the fair value of the loan based on the present value of expected cash flows, the market price of the loan, or the underlying fair value of the loan’s collateral. For real estate loans, fair value of the loan’s collateral is determined by third party appraisals, which are then adjusted for the estimated selling and closing costs related to liquidation of the collateral. For this asset class, the actual valuation methods (income, sales comparable, or cost) vary based on the status of the project or property. For example, land is generally based on the sales comparable method while construction is based on the income and/or sales comparable methods. The unobservable inputs may vary depending on the individual assets with no one of the three methods being the predominant approach. The Company reviews the third party appraisal for appropriateness and adjusts the value downward to consider selling and closing costs, which typically range from 5% to 8% of the appraised value. For non-real estate loans, fair value of the loan’s collateral may be determined using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business. OREO : OREO is primarily comprised of real estate acquired in partial or full satisfaction of loans. OREO is recorded at its estimated fair value less estimated selling and closing costs at the date of transfer, with any excess of the related loan balance over the fair value less expected selling costs charged to the ACL. Subsequent changes in fair value are reported as adjustments to the carrying amount and are recorded against earnings. The Company outsources the valuation of OREO with material balances to third party appraisers. For this asset class, the actual valuation methods (income, sales comparable, or cost) vary based on the status of the project or property. For example, land is generally based on the sales comparable method while construction is based on the income and/or sales comparable methods. The unobservable inputs may vary depending on the individual assets with no one of the three methods being the predominant approach. The Company reviews the third party appraisal for appropriateness and adjusts the value downward to consider selling and closing costs, which typically range from 5% to 8% of the appraised value. The estimated fair values of the Company’s financial instruments not measured at fair value on a recurring or non-recurring basis at March 31, 2022 and December 31, 2021 were as follows: (Dollars in thousands) Carrying Fair Value Measurements Using Total March 31, 2022 Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 413,704 $ 413,704 $ — $ — $ 413,704 Securities - held to maturity 4,404 — — 5,727 5,727 Loans not previously presented, gross 4,921,871 170,053 — 4,709,676 4,879,729 FHLB and other restricted stock 12,196 N/A N/A N/A N/A Accrued interest receivable 12,802 12,802 — — 12,802 Financial liabilities: Deposits 4,709,484 — 4,705,096 — 4,705,096 Customer repurchase agreements 2,868 — 2,868 — 2,868 Federal Home Loan Bank advances 230,000 — 230,000 — 230,000 Subordinated notes 107,169 — 110,264 — 110,264 Junior subordinated debentures 40,737 — 41,941 — 41,941 Accrued interest payable 1,545 1,545 — — 1,545 (Dollars in thousands) Carrying Fair Value Measurements Using Total December 31, 2021 Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 383,178 $ 383,178 $ — $ — $ 383,178 Securities - held to maturity 4,947 — — 5,447 5,447 Loans not previously presented, gross 4,834,426 142,962 — 4,685,058 4,828,020 FHLB and other restricted stock 10,146 N/A N/A N/A N/A Accrued interest receivable 15,319 15,319 — — 15,319 Financial liabilities: Deposits 4,646,679 — 4,646,552 — 4,646,552 Customer repurchase agreements 2,103 — 2,103 — 2,103 Federal Home Loan Bank advances 180,000 — 180,000 — 180,000 Paycheck Protection Program Liquidity Facility 27,144 — 27,144 — 27,144 Subordinated notes 106,957 — 110,045 — 110,045 Junior subordinated debentures 40,602 — 41,286 — 41,286 Accrued interest payable 1,951 1,951 — — 1,951

Regulatory Matters

Regulatory Matters	3 Months Ended
	Mar. 31, 2022
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Regulatory Matters	REGULATORY MATTERS The Company (on a consolidated basis) and TBK Bank are subject to various regulatory capital requirements administered by federal and state banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s or TBK Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and TBK Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Company and TBK Bank to maintain minimum amounts and ratios (set forth in the table below) of total, common equity Tier 1, and Tier 1 capital to risk weighted assets, and of Tier 1 capital to average assets. Management believes, as of March 31, 2022 and December 31, 2021, the Company and TBK Bank meet all capital adequacy requirements to which they are subject. As of March 31, 2022 and December 31, 2021, TBK Bank’s capital ratios exceeded those levels necessary to be categorized as “well capitalized” under the regulatory framework for prompt corrective action. To be categorized as “well capitalized,” TBK Bank must maintain minimum total risk based, common equity Tier 1 risk based, Tier 1 risk based, and Tier 1 leverage ratios as set forth in the table below. There are no conditions or events since March 31, 2022 that management believes have changed TBK Bank’s category. The actual capital amounts and ratios for the Company and TBK Bank are presented in the following table. (Dollars in thousands) Actual Minimum for Capital To Be Well March 31, 2022 Amount Ratio Amount Ratio Amount Ratio Total capital (to risk weighted assets) Triumph Bancorp, Inc. $ 801,378 14.5% $ 442,140 8.0% N/A N/A TBK Bank, SSB $ 732,784 13.4% $ 437,483 8.0% $ 546,854 10.0% Tier 1 capital (to risk weighted assets) Triumph Bancorp, Inc. $ 659,409 12.0% $ 329,705 6.0% N/A N/A TBK Bank, SSB $ 699,978 12.8% $ 328,115 6.0% $ 437,486 8.0% Common equity Tier 1 capital (to risk weighted assets) Triumph Bancorp, Inc. $ 573,672 10.4% $ 248,223 4.5% N/A N/A TBK Bank, SSB $ 699,978 12.8% $ 246,086 4.5% $ 355,458 6.5% Tier 1 capital (to average assets) Triumph Bancorp, Inc. $ 659,409 11.8% $ 223,528 4.0% N/A N/A TBK Bank, SSB $ 699,978 12.6% $ 222,215 4.0% $ 277,769 5.0% As of December 31, 2021 Total capital (to risk weighted assets) Triumph Bancorp, Inc. $ 769,475 14.1% $ 440,087 8.0% N/A N/A TBK Bank, SSB $ 698,286 12.9% $ 431,973 8.0% $ 539,966 10.0% Tier 1 capital (to risk weighted assets) Triumph Bancorp, Inc. $ 628,094 11.5% $ 329,196 6.0% N/A N/A TBK Bank, SSB $ 665,336 12.3% $ 323,223 6.0% $ 430,964 8.0% Common equity Tier 1 capital (to risk weighted assets) Triumph Bancorp, Inc. $ 542,492 9.9% $ 248,254 4.5% N/A N/A TBK Bank, SSB $ 665,336 12.3% $ 242,417 4.5% $ 350,158 6.5% Tier 1 capital (to average assets) Triumph Bancorp, Inc. $ 628,094 11.1% $ 215,400 4.0% N/A N/A TBK Bank, SSB $ 665,336 11.8% $ 215,482 4.0% $ 269,353 5.0% As permitted by the interim final rule issued on March 27, 2020 by the federal banking regulatory agencies, the Company has elected the option to delay the estimated impact on regulatory capital of ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”, which was effective January 1, 2020. The initial impact of adoption of ASU 2016-13 as well as 25% of the quarterly increases in the allowance for credit losses subsequent to adoption of ASU 2016-13 (collectively the “transition adjustments”) will be delayed for two years. After two years, the cumulative amount of the transition adjustments will become fixed and will be phased out of the regulatory capital calculations evenly over a three year period, with 75% recognized in year three, 50% recognized in year four, and 25% recognized in year five. After five years, the temporary regulatory capital benefits will be fully reversed. Dividends paid by TBK Bank are limited to, without prior regulatory approval, current year earnings and earnings less dividends paid during the preceding two years.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Stockholders' Equity	STOCKHOLDERS’ EQUITY The following summarizes the capital structure of Triumph Bancorp, Inc. Preferred Stock Series C (Dollars in thousands, except per share amounts) March 31, 2022 December 31, 2021 Shares authorized 51,750 51,750 Shares issued 45,000 45,000 Shares outstanding 45,000 45,000 Par value per share $ 0.01 $ 0.01 Liquidation preference per share $ 1,000 $ 1,000 Liquidation preference amount $ 45,000 $ 45,000 Dividend rate 7.125 % 7.125 % Dividend payment dates Quarterly Quarterly Common Stock March 31, 2022 December 31, 2021 Shares authorized 50,000,000 50,000,000 Shares issued 28,279,788 28,261,680 Treasury shares (3,118,098) (3,102,801) Shares outstanding 25,161,690 25,158,879 Par value per share $ 0.01 $ 0.01 Stock Repurchase Programs On February 7, 2022, the Company announced that its board of directors had authorized the Company to repurchase up to $50,000,000 of its outstanding common stock in open market transactions or through privately negotiated transactions at the Company’s discretion. The amount, timing and nature of any share repurchases will be based on a variety of factors, including the trading price of the Company’s common stock, applicable securities laws restrictions, regulatory limitations and market and economic factors. The repurchase program is authorized for a period of up to one year and does not require the Company to repurchase any specific number of shares. The repurchase program may be modified, suspended or discontinued at any time, at the Company’s discretion. During the three months ended March 31, 2022, the Company repurchased 14,810 shares into treasury stock under the Company’s stock repurchase program at an average price of $88.81, for a total of $1,316,000. No shares were repurchased during the three months ended March 31, 2021 under a stock repurchase program.

Stock Based Compensation

Stock Based Compensation	3 Months Ended
	Mar. 31, 2022
Share-based Payment Arrangement [Abstract]
Stock Based Compensation	STOCK BASED COMPENSATIONStock based compensation expense that has been charged against income was $4,952,000 and $1,350,000 for the three months ended March 31, 2022 and 2021, respectively. 2014 Omnibus Incentive Plan The Company’s 2014 Omnibus Incentive Plan (“Omnibus Incentive Plan”) provides for the grant of nonqualified and incentive stock options, stock appreciation rights, restricted stock awards, restricted stock units, and other awards that may be settled in, or based upon the value of, the Company’s common stock. The maximum number of shares of common stock available for issuance under the Omnibus Incentive Plan is 2,450,000 shares. Restricted Stock Awards A summary of changes in the Company’s nonvested Restricted Stock Awards (“RSAs”) under the Omnibus Incentive Plan for the three months ended March 31, 2022 were as follows: Nonvested RSAs Shares Weighted-Average Nonvested at January 1, 2022 363,404 67.56 Granted 5,502 87.63 Vested (5,502) 87.63 Forfeited (487) 49.69 Nonvested at March 31, 2022 362,917 67.59 RSAs granted to employees under the Omnibus Incentive Plan typically vest over three Restricted Stock Units A summary of changes in the Company’s nonvested Restricted Stock Units (“RSUs”) under the Omnibus Incentive Plan for the three months ended March 31, 2022 were as follows: Nonvested RSUs Shares Weighted-Average Nonvested at January 1, 2022 122,470 52.07 Granted — — Vested — — Forfeited — — Nonvested at March 31, 2022 122,470 52.07 RSUs granted to employees under the Omnibus Incentive Plan typically vest after four Market Based Performance Stock Units A summary of changes in the Company’s nonvested Market Based Performance Stock Units (“Market Based PSUs”) under the Omnibus Incentive Plan for the three months ended March 31, 2022 were as follows: Nonvested Market Based PSUs Shares Weighted-Average Nonvested at January 1, 2022 94,984 $ 43.68 Granted — — Vested — — Forfeited — — Nonvested at March 31, 2022 94,984 $ 43.68 Market Based PSUs granted to employees under the Omnibus Incentive Plan vest after three As of March 31, 2022, there was $1,429,000 of unrecognized compensation cost related to the nonvested Market Based PSUs. The cost is expected to be recognized over a remaining period of 1.64 years. Performance Based Performance Stock Units A summary of changes in the Company’s nonvested Performance Based Performance Stock Units (“Performance Based PSUs”) under the Omnibus Incentive Plan for the three months ended March 31, 2022 were as follows: Nonvested Performance Based PSUs Shares Weighted Average Nonvested at January 1, 2022 259,383 $ 39.32 Granted — — Vested — — Forfeited (748) 32.50 Nonvested at March 31, 2022 258,635 $ 39.34 Performance Based PSUs granted to employees under the Omnibus Incentive Plan vest after three years. The number of shares issued upon vesting will range from 0% to 200% of the shares granted based on the Company’s cumulative diluted earnings per share over the performance period. Compensation expense for the Performance Based PSUs will be estimated each period based on the fair value of the stock at the grant date and the most probable outcome of the performance condition, adjusted for the passage of time within the vesting period of the awards. During the three months ended March 31, 2022, the Company recognized $807,000 of stock based compensation expense related to Performance based PSUs. As of March 31, 2022, the maximum unrecognized compensation cost related to the nonvested Performance Based PSUs was $12,136,000, and the remaining performance period over which the cost could be recognized was 0.75 years. No compensation cost was recorded during the three months ended March 31, 2021. Stock Options A summary of the changes in the Company’s stock options under the Omnibus Incentive Plan for the three months ended March 31, 2022 were as follows: Stock Options Shares Weighted-Average Weighted-Average Aggregate Outstanding at January 1, 2022 166,755 $ 33.34 Granted — — Exercised (3,703) 25.80 Forfeited or expired — — Outstanding at March 31, 2022 163,052 $ 33.52 6.21 $ 9,865 Fully vested shares and shares expected to vest at March 31, 2022 163,052 $ 33.52 6.21 $ 9,865 Shares exercisable at March 31, 2022 100,291 $ 25.64 5.19 $ 6,858 Information related to the stock options for the three months ended March 31, 2022 and 2021 was as follows: Three Months Ended March 31, (Dollars in thousands, except per share amounts) 2022 2021 Aggregate intrinsic value of options exercised $ 277 $ 577 Cash received from option exercises — 191 Tax benefit realized from option exercises 58 121 Weighted average fair value per share of options granted $ — $ — Stock options awarded to employees under the Omnibus Incentive Plan are generally granted with an exercise price equal to the market price of the Company’s common stock at the date of grant, vest over four years, and have ten As of March 31, 2022, there was $297,000 of unrecognized compensation cost related to nonvested stock options granted under the Omnibus Incentive Plan. The cost is expected to be recognized over a remaining period of 2.84 years. Employee Stock Purchase Plan On April 1, 2019, the Company’s Board of Directors adopted the Triumph Bancorp, Inc. Employee Stock Purchase Plan (“ESPP”) and reserved 2,500,000 shares of common stock for issuance. The ESPP enables eligible employees to purchase the Company’s common stock at a price per share equal to 85% of the lower of the fair market value of the common stock at the beginning or end of each six month offering period. The first offering period commenced on February 1, 2021. During the three months ended March 31, 2022, 10,585 shares were issued under the plan. No shares were issued during the three months ended March 31, 2021.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE The factors used in the earnings per share computation follow: Three Months Ended March 31, (Dollars in thousands) 2022 2021 Basic Net income to common stockholders $ 23,528 $ 33,122 Weighted average common shares outstanding 24,800,771 24,675,109 Basic earnings per common share $ 0.95 $ 1.34 Diluted Net income to common stockholders $ 23,528 $ 33,122 Weighted average common shares outstanding 24,800,771 24,675,109 Dilutive effects of: Assumed exercises of stock options 107,359 130,016 Restricted stock awards 237,305 169,514 Restricted stock units 86,099 66,714 Performance stock units - market based 139,563 128,167 Performance stock units - performance based — — Employee stock purchase program 771 1,418 Average shares and dilutive potential common shares 25,371,868 25,170,938 Diluted earnings per common share $ 0.93 $ 1.32 Shares that were not considered in computing diluted earnings per common share because they were antidilutive are as follows: Three Months Ended March 31, 2022 2021 Stock options 12,911 — Restricted stock awards 8,463 — Restricted stock units 15,000 — Performance stock units - market based — — Performance stock units - performance based 258,635 256,625 Employee stock purchase program — —

Revenue From Contracts With Cus

Revenue From Contracts With Customers	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue From Contracts With Customers	REVENUE FROM CONTRACTS WITH CUSTOMERS The Company records revenue from contracts with customers in accordance with Accounting Standards Codification Topic 606, “Revenue from Contracts with Customers” (“Topic 606”). Under Topic 606, the Company must identify the contract with a customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract, and recognize revenue when (or as) the Company satisfies a performance obligation. The Company generally fully satisfies its performance obligations on its contracts with customers as services are rendered and the transaction prices are typically fixed; charged either on a periodic basis or based on activity. The Company presents disaggregated revenue from contracts with customers in the consolidated statements of income. Additional information regarding the Company's fee income is as follows: • Fee income for the Banking and Factoring segments primarily consists of transaction-based fees, including wire transfer fees, ACH and check fees, early termination fees, and other fees, earned from the Company's banking and factoring customers. Transaction based fees are recognized at the time the transaction is executed as that is the point in time the Company satisfies its performance obligations. • Fee income for the Payments segment includes TriumphPay payment and audit fees. These fees totaled $3,229,000 and $82,000 for the three months ended March 31, 2022 and 2021, respectively. These fees are transaction based and are recognized at the time the transaction is executed as that is the point in time that the Company satisfies its performance obligations.

Business Segment Information

Business Segment Information	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Business Segment Information	BUSINESS SEGMENT INFORMATION The following table presents the Company’s operating segments. The accounting policies of the reportable segments substantially the same as those described in the "Summary of Significant Accounting Policies" in Note 1 of the Company's 2021 Form 10-K. Transactions between segments consist primarily of borrowed funds. Intersegment interest expense is allocated to the Factoring and Payments segments based on Federal Home Loan Bank advance rates. Credit loss expense is allocated based on the segment’s allowance for credit losses determination. Noninterest income and expense directly attributable to a segment are assigned to it. The majority of salaries and benefits expense for the Company's executive leadership team is allocated to the Banking segment. Taxes are paid on a consolidated basis and are not allocated for segment purposes. The Factoring segment includes only factoring originated by TBC. (Dollars in thousands) Three months ended March 31, 2022 Banking Factoring Payments Corporate Consolidated Total interest income $ 42,183 $ 56,374 $ 4,832 $ 46 $ 103,435 Intersegment interest allocations 1,857 (1,775) (82) — — Total interest expense 1,603 — — 1,753 3,356 Net interest income (expense) 42,437 54,599 4,750 (1,707) 100,079 Credit loss expense (benefit) (2,870) 1,949 354 1,068 501 Net interest income after credit loss expense 45,307 52,650 4,396 (2,775) 99,578 Noninterest income 5,995 1,871 3,242 13 11,121 Noninterest expense 41,708 21,389 14,333 1,134 78,564 Operating income (loss) $ 9,594 $ 33,132 $ (6,695) $ (3,896) $ 32,135 (Dollars in thousands) Three months ended March 31, 2021 Banking Factoring Payments Corporate Consolidated Total interest income $ 50,556 $ 35,824 $ 1,969 $ 4 $ 88,353 Intersegment interest allocations 2,942 (2,775) (167) — — Total interest expense 3,542 — — 1,791 5,333 Net interest income (expense) 49,956 33,049 1,802 (1,787) 83,020 Credit loss expense (benefit) (12,453) 4,483 292 (167) (7,845) Net interest income after credit loss expense 62,409 28,566 1,510 (1,620) 90,865 Noninterest income 7,750 6,411 73 57 14,291 Noninterest expense 39,454 16,153 4,135 1,150 60,892 Operating income (loss) $ 30,705 $ 18,824 $ (2,552) $ (2,713) $ 44,264 Total assets and gross loans below include intersegment loans, which eliminate in consolidation. (Dollars in thousands) March 31, 2022 Banking Factoring Payments Corporate Eliminations Consolidated Total assets $ 5,684,223 $ 1,748,970 $ 276,010 $ 1,036,818 $ (2,669,587) $ 6,076,434 Gross loans $ 4,268,718 $ 1,585,711 $ 178,879 $ — $ (1,309,230) $ 4,724,078 (Dollars in thousands) December 31, 2021 Banking Factoring Payments Corporate Eliminations Consolidated Total assets $ 5,568,826 $ 1,679,495 $ 293,212 $ 1,009,998 $ (2,595,281) $ 5,956,250 Gross loans $ 4,444,136 $ 1,546,361 $ 153,176 $ 700 $ (1,276,801) $ 4,867,572

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations Triumph Bancorp, Inc. (collectively with its subsidiaries, “Triumph”, or the “Company” as applicable) is a financial holding company headquartered in Dallas, Texas offering a diversified line of payments, factoring and banking services. The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries Triumph CRA Holdings, LLC (“TCRA”), TBK Bank, SSB (“TBK Bank”), TBK Bank’s wholly owned subsidiary Advance Business Capital LLC, which currently operates under the d/b/a of Triumph Business Capital (“TBC”), and TBK Bank’s wholly owned subsidiary Triumph Insurance Group, Inc. (“TIG”). TriumphPay operates as a division of TBK Bank, SSB.
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with United States Generally Accepted Accounting Principles (“GAAP”) for interim financial information and in accordance with guidance provided by the Securities and Exchange Commission (“SEC”). Accordingly, the condensed financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all normal and recurring adjustments considered necessary for a fair presentation. Transactions between the subsidiaries have been eliminated. These condensed consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. Operating results for the three months ended March 31, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022.
Operating Segments	Operating Segments The Company’s reportable segments are comprised of strategic business units primarily based upon industry categories and, to a lesser extent, the core competencies relating to product origination, distribution methods, operations and servicing. Segment determination also considered organizational structure and is consistent with the presentation of financial information to the chief operating decision maker to evaluate segment performance, develop strategy, and allocate resources. The Company's chief operating decision maker is the Chief Executive Officer of Triumph Bancorp, Inc. Management has determined that the Company has four reportable segments consisting of Banking, Factoring, Payments, and Corporate. The Banking segment includes the operations of TBK Bank. The Banking segment derives its revenue principally from investments in interest-earning assets as well as noninterest income typical for the banking industry. The Factoring segment includes the operations of TBC with revenue derived from factoring services. The Payments segment includes the operations of the TBK Bank's TriumphPay division, which is the payments network for presentment, audit, and payment of over-the-road trucking invoices. The Payments segment derives its revenue from transaction fees and interest income on factored receivables related to invoice payments. These factored receivables consist of both invoices where we offer a carrier a QuickPay opportunity to receive payment at a discount in advance of the standard payment term for such invoice in exchange for the assignment of such invoice to us and from offering freight brokers the ability to settle their invoices with us on an extended term following our payment to their carriers as an additional liquidity option for such freight brokers. The Corporate segment includes holding company financing and investment activities and management and administrative expenses to support the overall operations of the Company.
Risks and Uncertainties	Risks and Uncertainties COVID-19 has adversely impacted a broad range of industries in which the Company's customers operate and could still impair their ability to fulfill their financial obligations to the Company. The Company’s business is dependent upon the willingness and ability of its employees and customers to conduct banking and other financial transactions. While epidemiological and macroeconomic conditions have improved as of March 31, 2022, if there is a resurgence in the virus, the Company could experience further adverse effects on its business, financial condition, results of operations and cash flows. While it is not possible to know the full universe or extent that the impact of COVID-19, and any potential resulting measures to curtail its spread, will have on the Company's future operations, the Company is disclosing potentially material items of which it is aware. Allowance for credit losses Improving conditions around COVID-19 had an impact on our allowance for credit losses ("ACL") throughout the prior year as we experienced a decline in required reserves over that period. Pertaining to our March 31, 2022 financial condition and year to date results of operations, COVID-19 had little impact on required ACL levels. We have not yet experienced material charge-offs related to COVID-19. Our ACL calculation, and resulting provision for credit losses, are significantly impacted by changes in forecasted economic conditions. Should economic conditions worsen as a result of a resurgence in the virus and resulting measures to curtail its spread, we could experience increases in our required ACL and record additional credit loss expense. It is possible that our asset quality measures could worsen at future measurement periods if the effects of COVID-19 are prolonged. Capital and liquidity As of March 31, 2022, all of our capital ratios, and our subsidiary bank’s capital ratios, were in excess of all regulatory requirements. While we believe that we have sufficient capital to withstand an economic recession brought about by a resurgence in COVID-19 and/or resulting impacts of efforts used to curtail its spread, our reported and regulatory capital ratios could be adversely impacted by further credit loss expense. We rely on cash on hand as well as dividends from our subsidiary bank to service our debt. If our capital deteriorates such that our subsidiary bank is unable to pay dividends to us for an extended period of time, we may not be able to service our debt. We maintain access to multiple sources of liquidity. Wholesale funding markets have remained open to us, but rates for short term funding can be volatile. If an extended recession caused large numbers of our deposit customers to withdraw their funds, we might become more reliant on volatile or more expensive sources of funding. Credit While all industries experienced adverse impacts as a result of COVID-19 virus, we had no material exposure (on balance sheet loans and commitments to lend greater than 5% of the loan portfolio) to loan categories that management considered to be "at-risk" of significant impact as of March 31, 2022.
Newly Issued, But Not Yet Effective Accounting Standards	Newly Issued, But Not Yet Effective Accounting Standards In March 2022, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 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 troubled debt restructurings ("TDRs") in ASC 310-40, "Receivables - Troubled Debt Restructurings by Creditors" for entities that have adopted the current expected credit loss ("CECL") model introduced by ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (ASU 2016-13"). ASU 2022-02 also requires that public business entities disclose current-period gross charge-offs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20, "Financial Instruments—Credit Losses—Measured at Amortized Cost". ASU 2022-02 is effective for the Company for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, with early adoption permitted. The Company is evaluating the effect that ASU 2022-02 will have on its consolidated financial statements and related disclosures.

Acquisitions and Divestitures (

Acquisitions and Divestitures (Tables)	3 Months Ended
	Mar. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Summary of Carrying Amount of Assets in Disposal Group and Gain on Sale	A summary of the carrying amount of the assets and liabilities in the Factored Receivable Disposal Group transferred to held for sale is as follows: (Dollars in thousands) Factored receivables $ 80,819 Assets held for sale $ 80,819 Customer reserve noninterest bearing deposits $ 10,434 Deposits held for sale $ 10,434 A summary of the carrying amount of the assets and liabilities in the Branch Disposal Group transferred to held for sale is as follows: (Dollars in thousands) Loans Commercial real estate $ 31,752 Construction, land development, land 1,112 1-4 family residential 12,908 Farmland 56,320 Commercial 56,245 Consumer 832 Total loans 159,169 Goodwill 3,217 Intangible assets 1,394 Premises and equipment, net 13,633 Other assets 1,853 Assets held for sale $ 179,266 Deposits Noninterest bearing $ 102,950 Interest bearing 264,314 Total deposits held for sale $ 367,264
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	A summary of the estimated fair values of assets acquired, liabilities assumed, consideration transferred, and the resulting goodwill is as follows: (Dollars in thousands) Initial Values Measurement Period Adjustments Adjusted Values Assets acquired: Cash $ 170 $ — $ 170 Intangible assets - capitalized software 16,932 — 16,932 Intangible assets - customer relationship 10,360 — 10,360 Other assets 1,546 24 1,570 29,008 24 29,032 Liabilities assumed: Deferred income taxes 4,703 (3,248) 1,455 Other liabilities 906 16 922 5,609 (3,232) 2,377 Fair value of net assets acquired $ 23,399 $ 3,256 $ 26,655 Consideration: Cash paid $ 97,096 $ — $ 97,096 Goodwill $ 73,697 $ (3,256) $ 70,441 A summary of the estimated fair values of assets acquired, liabilities assumed, consideration transferred, and the resulting goodwill is as follows: (Dollars in thousands) Initial Values Recorded at Acquisition Date Measurement Period Adjustments Adjusted Values Assets acquired: Factored receivables $ 107,524 $ — $ 107,524 Allowance for credit losses (37,415) — (37,415) Factored receivables, net of ACL 70,109 — 70,109 Intangible assets 3,500 — 3,500 Indemnification asset 30,959 — 30,959 Deferred income taxes 1,448 (59) 1,389 106,016 (59) 105,957 Liabilities assumed: Deposits 5,361 — 5,361 5,361 — 5,361 Fair value of net assets acquired $ 100,655 $ (59) $ 100,596 Consideration: Cash paid $ 108,375 $ — $ 108,375 Stock consideration 13,942 — 13,942 Cash due from seller subsequent to liquidation of stock consideration (17,196) — (17,196) Total consideration $ 105,121 $ — $ 105,121 Goodwill $ 4,466 $ 59 $ 4,525
Summary of Factored Receivables, Purchased with Credit Deterioration	The following table presents information at the acquisition date for factored receivables purchased for which there was, at acquisition, evidence of more than insignificant deterioration of credit quality since origination: (Dollars in thousands) Purchase price of loans at acquisition $25,147 Allowance for credit losses at acquisition 37,415 Non-credit discount/(premium) at acquisition 941 Par value of acquired loans at acquisition $63,503

Securities (Tables)

Securities (Tables)	3 Months Ended
	Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]
Schedule of Gross Realized and Unrealized Losses Recognized on Equity Securities	The gross realized and unrealized losses recognized on equity securities with readily determinable fair values in noninterest income in the Company’s consolidated statements of income were as follows: Three Months Ended March 31, (Dollars in thousands) 2022 2021 Unrealized gains (losses) on equity securities held at the reporting date $ (419) $ — Realized gains (losses) on equity securities sold during the period — — $ (419) $ —
Schedule of Amortized Cost of Securities and Their Estimated Fair Values	The following table summarizes the amortized cost, fair value, and allowance for credit losses of debt securities and the corresponding amounts of gross unrealized gains and losses of available for sale securities recognized in accumulated other comprehensive income (loss) and gross unrecognized gains and losses of held to maturity securities: (Dollars in thousands) Amortized Gross Gross Allowance Fair March 31, 2022 Available for sale securities: Mortgage-backed securities, residential $ 44,898 $ 481 $ (1,539) $ — $ 43,840 Asset-backed securities 6,659 — (10) — 6,649 State and municipal 15,224 116 (7) — 15,333 CLO securities 118,736 2,554 (217) — 121,073 Corporate bonds 1,993 26 (2) — 2,017 SBA pooled securities 2,469 84 (25) — 2,528 Total available for sale securities $ 189,979 $ 3,261 $ (1,800) $ — $ 191,440 (Dollars in thousands) Amortized Gross Gross Fair March 31, 2022 Held to maturity securities: CLO securities $ 6,859 $ 150 $ (1,282) $ 5,727 Allowance for credit losses (2,455) Total held to maturity securities, net of ACL $ 4,404 (Dollars in thousands) Amortized Gross Gross Allowance for Credit Losses Fair December 31, 2021 Available for sale securities: Mortgage-backed securities, residential $ 36,885 $ 720 $ (156) $ — $ 37,449 Asset-backed securities 6,763 2 (1) — 6,764 State and municipal 26,309 516 — — 26,825 CLO Securities 103,579 3,109 (54) — 106,634 Corporate bonds 1,992 64 — — 2,056 SBA pooled securities 2,536 162 — — 2,698 Total available for sale securities $ 178,064 $ 4,573 $ (211) $ — $ 182,426 (Dollars in thousands) Amortized Gross Gross Fair December 31, 2021 Held to maturity securities: CLO securities $ 7,029 $ — $ (1,582) $ 5,447 Allowance for credit losses (2,082) Total held to maturity securities, net of ACL $ 4,947
Schedule of Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity	The amortized cost and estimated fair value of securities at March 31, 2022, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Available for Sale Securities Held to Maturity Securities (Dollars in thousands) Amortized Fair Amortized Fair Due in one year or less $ 2,488 $ 2,494 $ — $ — Due from one year to five years 2,358 2,370 — — Due from five years to ten years 62,704 64,394 6,859 5,727 Due after ten years 68,403 69,165 — — 135,953 138,423 6,859 5,727 Mortgage-backed securities, residential 44,898 43,840 — — Asset-backed securities 6,659 6,649 — — SBA pooled securities 2,469 2,528 — — $ 189,979 $ 191,440 $ 6,859 $ 5,727
Schedule of Available for Sale Debt Securities in an Unrealized Loss Position	The following table summarizes available for sale debt securities 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 individual securities have been in a continuous loss position: Less than 12 Months 12 Months or More Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized March 31, 2022 Available for sale securities: Mortgage-backed securities, residential $ 25,715 $ (1,539) $ 5 $ — $ 25,720 $ (1,539) Asset-backed securities 1,652 (6) 4,996 (4) 6,648 (10) State and municipal 1,450 (7) — — 1,450 (7) CLO securities 25,033 (217) — — 25,033 (217) Corporate bonds 497 (2) — — 497 (2) SBA pooled securities 1,695 (25) — — 1,695 (25) $ 56,042 $ (1,796) $ 5,001 $ (4) $ 61,043 $ (1,800) Less than 12 Months 12 Months or More Total (Dollars in thousands) Fair Unrealized Fair Unrealized Fair Unrealized December 31, 2021 Available for sale securities: Mortgage-backed securities, residential $ 20,386 $ (155) $ 6 $ (1) $ 20,392 $ (156) Asset-backed securities 37 — 4,999 (1) 5,036 (1) State and municipal 30 — — — 30 — CLO Securities 22,707 (54) — — 22,707 (54) Corporate bonds — — — — — — SBA pooled securities — — — — — — $ 43,160 $ (209) $ 5,005 $ (2) $ 48,165 $ (211)
Summary of Activity in Allowance for Credit Losses for Held To Maturity Debt Securities	The following table presents the activity in the allowance for credit losses for held to maturity debt securities: (Dollars in thousands) Three Months Ended March 31, Held to Maturity CLO Securities 2022 2021 Allowance for credit losses: Beginning balance $ 2,082 $ 2,026 Credit loss expense 373 (167) Allowance for credit losses ending balance $ 2,455 $ 1,859

Loans and Allowance for Credi_2

Loans and Allowance for Credit Losses (Tables)	3 Months Ended
	Mar. 31, 2022
Receivables [Abstract]
Schedule of Loans Held for Sale	The following table presents loans held for sale: (Dollars in thousands) March 31, 2022 December 31, 2021 1-4 family residential $ 597 $ 712 Commercial 10 6,618 Total loans held for sale $ 607 $ 7,330
Schedule of Amortized Cost and Unpaid Principal	The following table presents the amortized cost and unpaid principal balance of loans held for investment: March 31, 2022 December 31, 2021 (Dollars in thousands) Amortized Unpaid Difference Amortized Unpaid Difference Commercial real estate $ 625,763 $ 627,657 $ (1,894) $ 632,775 $ 634,319 $ (1,544) Construction, land development, land 119,560 119,628 (68) 123,464 123,643 (179) 1-4 family residential 117,534 117,873 (339) 123,115 123,443 (328) Farmland 17,910 18,102 (192) 77,394 77,905 (511) Commercial 1,375,044 1,383,979 (8,935) 1,430,429 1,440,542 (10,113) Factored receivables 1,764,590 1,769,774 (5,184) 1,699,537 1,703,936 (4,399) Consumer 9,276 9,284 (8) 10,885 10,883 2 Mortgage warehouse 694,401 694,401 — 769,973 769,973 — Total loans held for investment 4,724,078 $ 4,740,698 $ (16,620) 4,867,572 $ 4,884,644 $ (17,072) Allowance for credit losses (41,553) (42,213) $ 4,682,525 $ 4,825,359
Schedule of Loans Transferred from Held For Investment to Loans Held For Sale	Loans transferred from loans held for investment to loans held for sale at fair value concurrently with management’s change in intent and decision to sell the loans, proceeds from sales of loans transferred to held for sale, and net gains and losses on transfers and sales of loans were as follows: Three Months Ended March 31, (Dollars in thousands) 2022 2021 Loans transferred from held for investment to loans held for sale $ 1,932 $ 27,407 Proceeds from sales of loans transferred to loans held for sale 7,444 20,406 Net gains and (losses) on transfers and sales of loans held for sale (144) 1,053
Summary of Allowance for Loan and Lease Losses	The activity in the allowance for credit losses (“ACL”) related to loans held for investment is as follows: (Dollars in thousands) Beginning Credit Loss Charge-offs Recoveries Ending Three months ended March 31, 2022 Commercial real estate $ 3,961 $ (340) $ (108) $ 14 $ 3,527 Construction, land development, land 827 73 — 1 901 1-4 family residential 468 (21) — 3 450 Farmland 562 (441) — — 121 Commercial 14,485 (607) (724) 61 13,215 Factored receivables 20,915 2,235 (708) 29 22,471 Consumer 226 41 (111) 19 175 Mortgage warehouse 769 (76) — — 693 $ 42,213 $ 864 $ (1,651) $ 127 $ 41,553 (Dollars in thousands) Beginning Credit Loss Charge-offs Recoveries Ending Three months ended March 31, 2021 Commercial real estate $ 10,182 $ (3,364) $ — $ 5 $ 6,823 Construction, land development, land 3,418 (1,737) (12) 1 1,670 1-4 family residential 1,225 (678) — 84 631 Farmland 832 (133) — — 699 Commercial 22,040 (5,071) (273) 462 17,158 Factored receivables 56,463 4,718 (41,503) 38 19,716 Consumer 542 (193) (79) 26 296 Mortgage warehouse 1,037 (6) — — 1,031 $ 95,739 $ (6,464) $ (41,867) $ 616 $ 48,024
Individual And Collective Allowance For Credit Losses On Financing Receivables And Loan Balances	The following table presents the amortized cost basis of collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related ACL allocated to these loans: (Dollars in thousands) Real Estate Accounts Equipment Other Total ACL March 31, 2022 Commercial real estate $ 2,161 $ — $ — $ 153 $ 2,314 $ 283 Construction, land development, land 175 — — — 175 — 1-4 family residential 1,510 — — 114 1,624 39 Farmland 1,218 — 121 116 1,455 — Commercial 227 — 4,481 2,655 7,363 1,472 Factored receivables — 53,072 — — 53,072 13,724 Consumer — — — 219 219 21 Mortgage warehouse — — — — — — Total $ 5,291 $ 53,072 $ 4,602 $ 3,257 $ 66,222 $ 15,539 (Dollars in thousands) Real Estate Accounts Equipment Other Total ACL December 31, 2021 Commercial real estate $ 2,143 $ — $ — $ 155 $ 2,298 $ 283 Construction, land development, land 987 — — — 987 — 1-4 family residential 1,583 — — 116 1,699 39 Farmland 1,803 — 126 116 2,045 — Commercial 254 — 5,598 3,017 8,869 1,733 Factored receivables — 42,863 — — 42,863 12,640 Consumer — — — 240 240 21 Mortgage warehouse — — — — — — Total $ 6,770 $ 42,863 $ 5,724 $ 3,644 $ 59,001 $ 14,716
Summary of Contractually Past Due and Nonaccrual Loans	The following tables present an aging of contractually past due loans: (Dollars in thousands) Past Due Past Due Past Due 90 Total Current Total Past Due 90 March 31, 2022 Commercial real estate $ — $ — $ 16 $ 16 $ 625,747 $ 625,763 $ — Construction, land development, land 7 — 168 175 119,385 119,560 — 1-4 family residential 1,192 176 1,002 2,370 115,164 117,534 — Farmland — — 779 779 17,131 17,910 — Commercial 923 969 5,237 7,129 1,367,915 1,375,044 — Factored receivables 50,389 20,082 47,719 118,190 1,646,400 1,764,590 47,719 Consumer 176 21 109 306 8,970 9,276 — Mortgage warehouse — — — — 694,401 694,401 — Total $ 52,687 $ 21,248 $ 55,030 $ 128,965 $ 4,595,113 $ 4,724,078 $ 47,719 (Dollars in thousands) Past Due Past Due Past Due 90 Total Current Total Past Due 90 December 31, 2021 Commercial real estate $ 1,021 $ — $ 16 $ 1,037 $ 631,738 $ 632,775 $ — Construction, land development, land 30 — 145 175 123,289 123,464 — 1-4 family residential 730 332 1,114 2,176 120,939 123,115 134 Farmland 378 154 977 1,509 75,885 77,394 — Commercial 996 346 4,948 6,290 1,424,139 1,430,429 — Factored receivables 70,109 18,302 39,134 127,545 1,571,992 1,699,537 39,134 Consumer 255 48 99 402 10,483 10,885 — Mortgage warehouse — — — — 769,973 769,973 — Total $ 73,519 $ 19,182 $ 46,433 $ 139,134 $ 4,728,438 $ 4,867,572 $ 39,268
Summary of Amortized Cost Basis of Loans on Nonaccrual Status	The following table presents the amortized cost basis of loans on nonaccrual status and the amortized cost basis of loans on nonaccrual status for which there was no related allowance for credit losses: March 31, 2022 December 31, 2021 (Dollars in thousands) Nonaccrual Nonaccrual Nonaccrual Nonaccrual Commercial real estate $ 2,039 $ 1,423 $ 2,025 $ 1,375 Construction, land development, land 175 175 964 964 1-4 family residential 1,609 1,503 1,683 1,582 Farmland 1,455 1,455 2,044 2,044 Commercial 6,675 2,815 8,078 3,910 Factored receivables — — — — Consumer 219 139 240 159 Mortgage warehouse — — — — $ 12,172 $ 7,510 $ 15,034 $ 10,034
Schedule of Accrued Interest on Non Accrual Loans Reversed Through Interest Income	The following table presents accrued interest on nonaccrual loans reversed through interest income: Three Months Ended March 31, (Dollars in thousands) 2022 2021 Commercial real estate $ — $ — Construction, land development, land — — 1-4 family residential — 1 Farmland — 6 Commercial 4 3 Factored receivables — — Consumer — — Mortgage warehouse — — $ 4 $ 10
Schedule of Nonperforming Loans	The following table presents information regarding nonperforming loans: (Dollars in thousands) March 31, 2022 December 31, 2021 Nonaccrual loans (1) $ 12,172 $ 15,034 Factored receivables greater than 90 days past due 30,309 29,057 Other nonperforming factored receivables (2) 1,213 1,428 Troubled debt restructurings accruing interest 689 765 $ 44,383 $ 46,284 (1) Includes troubled debt restructurings of $3,245,000 and $3,912,000 at March 31, 2022 and December 31, 2021, respectively. (2) Other nonperforming factored receivables represent the portion of the Over-Formula Advance Portfolio that is not covered by Covenant's indemnification. This amount is also considered Classified from a risk rating perspective.
Summary of Risk Category of Loans	As of March 31, 2022 and December 31, 2021, based on the most recent analysis performed, the risk category of loans is as follows: Revolving Revolving Total (Dollars in thousands) Year of Origination March 31, 2022 2022 2021 2020 2019 2018 Prior Commercial real estate Pass $ 87,684 $ 193,924 $ 216,244 $ 47,620 $ 20,786 $ 48,701 $ 4,253 $ — $ 619,212 Classified — 3,637 2,602 40 — 16 256 — 6,551 Total commercial real estate $ 87,684 $ 197,561 $ 218,846 $ 47,660 $ 20,786 $ 48,717 $ 4,509 $ — $ 625,763 Construction, land development, land Pass $ 7,412 $ 48,081 $ 33,997 $ 4,617 $ 23,327 $ 602 $ 9 $ — $ 118,045 Classified — 1,362 8 — — 145 — — 1,515 Total construction, land development, land $ 7,412 $ 49,443 $ 34,005 $ 4,617 $ 23,327 $ 747 $ 9 $ — $ 119,560 1-4 family residential Pass $ 11,019 $ 23,059 $ 13,562 $ 9,007 $ 5,162 $ 23,060 $ 30,667 $ 322 $ 115,858 Classified — 261 178 53 5 1,099 80 — 1,676 Total 1-4 family residential $ 11,019 $ 23,320 $ 13,740 $ 9,060 $ 5,167 $ 24,159 $ 30,747 $ 322 $ 117,534 Farmland Pass $ 177 $ 2,897 $ 2,809 $ 2,663 $ 2,317 $ 4,094 $ 1,016 $ 237 $ 16,210 Classified — 199 504 602 — 395 — — 1,700 Total farmland $ 177 $ 3,096 $ 3,313 $ 3,265 $ 2,317 $ 4,489 $ 1,016 $ 237 $ 17,910 Commercial Pass $ 109,751 $ 387,247 $ 293,748 $ 70,976 $ 14,458 $ 10,748 $ 465,709 $ 178 $ 1,352,815 Classified 1,329 13,759 5,573 420 548 201 399 — 22,229 Total commercial $ 111,080 $ 401,006 $ 299,321 $ 71,396 $ 15,006 $ 10,949 $ 466,108 $ 178 $ 1,375,044 Factored receivables Pass $ 1,732,472 $ — $ — $ — $ — $ — $ — $ — $ 1,732,472 Classified 11,543 — 20,575 — — — — — 32,118 Total factored receivables $ 1,744,015 $ — $ 20,575 $ — $ — $ — $ — $ — $ 1,764,590 Consumer Pass $ 1,374 $ 1,820 $ 1,354 $ 422 $ 447 $ 3,587 $ 53 $ — $ 9,057 Classified — 3 — — — 216 — — 219 Total consumer $ 1,374 $ 1,823 $ 1,354 $ 422 $ 447 $ 3,803 $ 53 $ — $ 9,276 Mortgage warehouse Pass $ 694,401 $ — $ — $ — $ — $ — $ — $ — $ 694,401 Classified — — — — — — — — — Total mortgage warehouse $ 694,401 $ — $ — $ — $ — $ — $ — $ — $ 694,401 Total loans Pass $ 2,644,290 $ 657,028 $ 561,714 $ 135,305 $ 66,497 $ 90,792 $ 501,707 $ 737 $ 4,658,070 Classified 12,872 19,221 29,440 1,115 553 2,072 735 — 66,008 Total loans $ 2,657,162 $ 676,249 $ 591,154 $ 136,420 $ 67,050 $ 92,864 $ 502,442 $ 737 $ 4,724,078 Revolving Revolving Total (Dollars in thousands) Year of Origination December 31, 2021 2021 2020 2019 2018 2017 Prior Commercial real estate Pass $ 211,088 $ 249,652 $ 50,223 $ 25,930 $ 47,447 $ 37,290 $ 4,595 $ — $ 626,225 Classified 2,879 3,358 41 — 16 — 256 — 6,550 Total commercial real estate $ 213,967 $ 253,010 $ 50,264 $ 25,930 $ 47,463 $ 37,290 $ 4,851 $ — $ 632,775 Construction, land development, land Pass $ 56,764 $ 33,756 $ 4,744 $ 23,696 $ 1,199 $ 994 $ 8 $ — $ 121,161 Classified 2,150 8 — — — 145 — — 2,303 Total construction, land development, land $ 58,914 $ 33,764 $ 4,744 $ 23,696 $ 1,199 $ 1,139 $ 8 $ — $ 123,464 1-4 family residential Pass $ 26,840 $ 15,195 $ 9,485 $ 6,526 $ 8,591 $ 22,151 $ 32,210 $ 318 $ 121,316 Classified 273 233 53 6 64 1,089 81 — 1,799 Total 1-4 family residential $ 27,113 $ 15,428 $ 9,538 $ 6,532 $ 8,655 $ 23,240 $ 32,291 $ 318 $ 123,115 Farmland Pass $ 14,387 $ 13,396 $ 7,892 $ 8,040 $ 10,040 $ 19,792 $ 1,317 $ 241 $ 75,105 Classified 199 612 593 333 128 298 126 — 2,289 Total farmland $ 14,586 $ 14,008 $ 8,485 $ 8,373 $ 10,168 $ 20,090 $ 1,443 $ 241 $ 77,394 Commercial Pass $ 466,254 $ 332,746 $ 77,010 $ 18,940 $ 15,032 $ 7,704 $ 490,159 $ 49 $ 1,407,894 Classified 9,317 6,858 5,088 558 56 456 202 — 22,535 Total commercial $ 475,571 $ 339,604 $ 82,098 $ 19,498 $ 15,088 $ 8,160 $ 490,361 $ 49 $ 1,430,429 Factored receivables Pass $ 1,667,922 $ — $ — $ — $ — $ — $ — $ — $ 1,667,922 Classified 10,826 20,789 — — — — — — 31,615 Total factored receivables $ 1,678,748 $ 20,789 $ — $ — $ — $ — $ — $ — $ 1,699,537 Consumer Pass $ 3,252 $ 1,794 $ 669 $ 553 $ 2,424 $ 1,882 $ 70 $ — $ 10,644 Classified 5 — — 12 119 105 — — 241 Total consumer $ 3,257 $ 1,794 $ 669 $ 565 $ 2,543 $ 1,987 $ 70 $ — $ 10,885 Mortgage warehouse Pass $ 769,973 $ — $ — $ — $ — $ — $ — $ — $ 769,973 Classified — — — — — — — — — Total mortgage warehouse $ 769,973 $ — $ — $ — $ — $ — $ — $ — $ 769,973 Total loans Pass $ 3,216,480 $ 646,539 $ 150,023 $ 83,685 $ 84,733 $ 89,813 $ 528,359 $ 608 $ 4,800,240 Classified 25,649 31,858 5,775 909 383 2,093 665 — 67,332 Total loans $ 3,242,129 $ 678,397 $ 155,798 $ 84,594 $ 85,116 $ 91,906 $ 529,024 $ 608 $ 4,867,572
Schedule of Loans Modified as Troubled Debt Restructurings	The following table presents the pre- and post-modification recorded investment of loans modified as troubled debt restructurings during the three months ended March 31, 2021. The Company did not grant principal reductions on any restructured loans. (Dollars in thousands) Extended Payment Protective Advances Total Number of Three months ended March 31, 2021 Commercial real estate $ — $ — $ 741 $ 741 1 Commercial — $ — $ — $ 741 $ 741 1
Balance of Loans Modified Due to COVID-19	The following table summarizes the balance of loans modified for borrowers impacted by the COVID-19 pandemic. Three Months Ended March 31, (Dollars in thousands) 2022 2021 Total modifications — 10,459
Summary of Amortized Cost of Loans Currently in Deferral	The following table summarized the amortized cost of loans with payments currently in deferral and the accrued interest related to the loans with payments in deferral at March 31, 2022 and December 31, 2021: (Dollars in thousands) Total Balance of Percentage Accrued March 31, 2022 Commercial real estate $ 625,763 $ — — % $ — Construction, land development, land 119,560 1,340 1.1 % 5 1-4 family residential 117,534 — — % — Farmland 17,910 — — % — Commercial 1,375,044 — — % — Factored receivables 1,764,590 — — % — Consumer 9,276 — — % — Mortgage warehouse 694,401 — — % — Total $ 4,724,078 $ 1,340 — % $ 5 (Dollars in thousands) Total Balance of Percentage Accrued December 31, 2021 Commercial real estate $ 632,775 $ 30,212 4.8 % $ 116 Construction, land development, land 123,464 1,340 1.1 % 5 1-4 family residential 123,115 — — % — Farmland 77,394 338 0.4 % 3 Commercial 1,430,429 — — % — Factored receivables 1,699,537 — — % — Consumer 10,885 6 0.1 % — Mortgage warehouse 769,973 — — % — Total $ 4,867,572 $ 31,896 0.7 % $ 124

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets and Goodwill	Goodwill and intangible assets consist of the following: (Dollars in thousands) March 31, 2022 December 31, 2021 Goodwill $ 230,492 $ 233,727 March 31, 2022 December 31, 2021 (Dollars in thousands) Gross Carrying Accumulated Net Carrying Gross Carrying Accumulated Net Carrying Core deposit intangibles $ 42,184 $ (32,724) $ 9,460 $ 43,578 $ (31,800) $ 11,778 Software intangible assets 16,932 (3,528) 13,404 16,932 (2,469) 14,463 Other intangible assets 29,560 (13,797) 15,763 29,560 (12,672) 16,888 $ 88,676 $ (50,049) $ 38,627 $ 90,070 $ (46,941) $ 43,129
Schedule of Changes in Goodwill and Intangible Assets	The changes in goodwill and intangible assets during the three months ended March 31, 2022 and 2021 are as follows: Three Months Ended March 31, (Dollars in thousands) 2022 2021 Beginning balance $ 276,856 $ 189,922 Acquired goodwill - measurement period adjustment (18) 59 Goodwill transferred to assets held for sale (3,217) — Intangible assets transferred to assets held for sale (1,394) — Amortization of intangibles (3,108) (1,975) Ending balance $ 269,119 $ 188,006

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Pre-Tax Impact of Terminated Cash Flow Hedge on AOCI	The following table presents the pre-tax impact of the terminated cash flow hedge on AOCI: Three Months Ended March 31, (Dollars in thousands) 2022 2021 Unrealized gains on terminated hedges included in AOCI, January 1, 2021 $ — $ — Unrealized gains on terminated hedges arising during the period 9,316 — Reclassification adjustments for amortization of unrealized (gains) into net income (233) — Unrealized gains on terminated hedges included in AOCI, March 31, 2022 $ 9,083 $ —
Schedule of Fair Value of Derivative Financial Instruments Classification on Balance Sheet	The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Balance Sheet as of December 31, 2021: Derivative Assets As of December 31, 2021 (Dollars in thousands) Notional Balance Fair Value Derivatives designated as hedging instruments: Interest rate swaps $ 200,000 Other Assets $ 6,164
Schedule of Pre-Tax Impact of Terminated Cash Flow Hedge on AOCI	The table below presents the effect of cash flow hedge accounting on Accumulated Other Comprehensive Income, net of tax: Amount of Amount of Location of Amount of Amount of (Dollars in thousands) Three Months Ended March 31, 2022 Derivatives in cash flow hedging relationships: Interest rate swaps $ 2,234 $ 2,234 Interest Expense $ (164) $ (164) Three Months Ended March 31, 2021 Derivatives in cash flow hedging relationships: Interest rate swaps $ 2,812 $ 2,812 Interest Expense $ 18 $ 18

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Variable Interest Entities	The Company holds investments in the subordinated notes of the following closed Collateralized Loan Obligation (“CLO”) funds: (Dollars in thousands) Offering Offering Trinitas CLO IV, LTD (Trinitas IV) June 2, 2016 $ 406,650 Trinitas CLO V, LTD (Trinitas V) September 22, 2016 $ 409,000 Trinitas CLO VI, LTD (Trinitas VI) June 20, 2017 $ 717,100

Off-Balance Sheet Loan Commit_2

Off-Balance Sheet Loan Commitments (Tables)	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Summary of Financial Instruments with Off-Balance Sheet Risk	The contractual amounts of financial instruments with off-balance sheet risk were as follows: March 31, 2022 December 31, 2021 (Dollars in thousands) Fixed Rate Variable Rate Total Fixed Rate Variable Rate Total Unused lines of credit $ 21,159 $ 514,262 $ 535,421 $ 26,029 $ 523,483 $ 549,512 Standby letters of credit $ 4,498 $ 5,650 $ 10,148 $ 11,090 $ 5,409 $ 16,499 Commitments to purchase loans $ — $ 95,999 $ 95,999 $ — $ 108,423 $ 108,423 Mortgage warehouse commitments $ — $ 903,443 $ 903,443 $ — $ 823,060 $ 823,060
Securities Borrowed, Allowance for Credit Loss	The following table presents credit loss expense for off balance sheet credit exposures: Three Months Ended March 31, (Dollars in thousands) 2022 2021 Credit loss expense (benefit) $ (736) $ (1,214)

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	3 Months Ended
	Mar. 31, 2022
Fair Value Disclosures [Abstract]
Assets and Liabilities Measured at Fair Value on a Recurring Basis	Assets and liabilities measured at fair value on a recurring basis are summarized in the table below. (Dollars in thousands) Fair Value Measurements Using Total March 31, 2022 Level 1 Level 2 Level 3 Assets measured at fair value on a recurring basis Securities available for sale Mortgage-backed securities, residential $ — $ 43,840 $ — $ 43,840 Asset-backed securities — 6,649 — 6,649 State and municipal — 15,333 — 15,333 CLO securities — 121,073 — 121,073 Corporate bonds — 2,017 — 2,017 SBA pooled securities — 2,528 — 2,528 $ — $ 191,440 $ — $ 191,440 Equity securities Mutual fund $ 5,085 $ — $ — $ 5,085 Loans held for sale $ — $ 607 $ — $ 607 Indemnification asset $ — $ — $ 4,582 $ 4,582 (Dollars in thousands) Fair Value Measurements Using Total December 31, 2021 Level 1 Level 2 Level 3 Assets measured at fair value on a recurring basis Securities available for sale Mortgage-backed securities, residential $ — $ 37,449 $ — $ 37,449 Asset-backed securities — 6,764 — 6,764 State and municipal — 26,825 — 26,825 CLO Securities — 106,634 — 106,634 Corporate bonds — 2,056 — 2,056 SBA pooled securities — 2,698 — 2,698 $ — $ 182,426 $ — $ 182,426 Equity securities Mutual fund $ 5,504 $ — $ — $ 5,504 Loans held for sale $ — $ 7,330 $ — $ 7,330 Derivative financial instruments (cash flow hedges) Interest rate swap $ — $ 6,164 $ — $ 6,164 Indemnification asset $ — $ — $ 4,786 $ 4,786
Reconciliation of Opening Balance to Closing Balance of Fair Value of Contingent Consideration	A reconciliation of the opening balance to the closing balance of the fair value of the indemnification asset is as follows: Three Months Ended March 31, (Dollars in thousands) 2022 2021 Beginning balance $ 4,786 $ 36,225 Indemnification asset recognized in business combination — — Change in fair value of indemnification asset recognized in earnings (204) 4,654 Indemnification reduction — (35,633) Ending balance $ 4,582 $ 5,246
Fair Value of Assets Measured on Non-recurring Basis	Assets measured at fair value on a non-recurring basis are summarized in the table below. There were no liabilities measured at fair value on a non-recurring basis at March 31, 2022 and December 31, 2021. (Dollars in thousands) Fair Value Measurements Using Total March 31, 2022 Level 1 Level 2 Level 3 Collateral dependent loans Commercial real estate $ — $ — $ 333 $ 333 1-4 family residential — — 67 67 Commercial — — 2,387 2,387 Factored receivables — — 39,349 39,349 Consumer — — 59 59 Other real estate owned (1) 1-4 family residential — — 135 135 Farmland — — 116 116 $ — $ — $ 42,446 $ 42,446 (Dollars in thousands) Fair Value Measurements Using Total December 31, 2021 Level 1 Level 2 Level 3 Collateral dependent loans Commercial real estate $ — $ — $ 366 $ 366 1-4 family residential — — 61 61 Commercial — — 2,435 2,435 Factored receivables — — 30,224 30,224 Consumer — — 60 60 Other real estate owned (1) Commercial real estate — — 7 7 Construction, land development, land — — 63 63 $ — $ — $ 33,216 $ 33,216 (1) Represents the fair value of OREO that was adjusted during the year to date period and subsequent to its initial classification as OREO.
Estimated Fair Value of Company's Financial Assets and Financial Liabilities	The estimated fair values of the Company’s financial instruments not measured at fair value on a recurring or non-recurring basis at March 31, 2022 and December 31, 2021 were as follows: (Dollars in thousands) Carrying Fair Value Measurements Using Total March 31, 2022 Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 413,704 $ 413,704 $ — $ — $ 413,704 Securities - held to maturity 4,404 — — 5,727 5,727 Loans not previously presented, gross 4,921,871 170,053 — 4,709,676 4,879,729 FHLB and other restricted stock 12,196 N/A N/A N/A N/A Accrued interest receivable 12,802 12,802 — — 12,802 Financial liabilities: Deposits 4,709,484 — 4,705,096 — 4,705,096 Customer repurchase agreements 2,868 — 2,868 — 2,868 Federal Home Loan Bank advances 230,000 — 230,000 — 230,000 Subordinated notes 107,169 — 110,264 — 110,264 Junior subordinated debentures 40,737 — 41,941 — 41,941 Accrued interest payable 1,545 1,545 — — 1,545 (Dollars in thousands) Carrying Fair Value Measurements Using Total December 31, 2021 Level 1 Level 2 Level 3 Financial assets: Cash and cash equivalents $ 383,178 $ 383,178 $ — $ — $ 383,178 Securities - held to maturity 4,947 — — 5,447 5,447 Loans not previously presented, gross 4,834,426 142,962 — 4,685,058 4,828,020 FHLB and other restricted stock 10,146 N/A N/A N/A N/A Accrued interest receivable 15,319 15,319 — — 15,319 Financial liabilities: Deposits 4,646,679 — 4,646,552 — 4,646,552 Customer repurchase agreements 2,103 — 2,103 — 2,103 Federal Home Loan Bank advances 180,000 — 180,000 — 180,000 Paycheck Protection Program Liquidity Facility 27,144 — 27,144 — 27,144 Subordinated notes 106,957 — 110,045 — 110,045 Junior subordinated debentures 40,602 — 41,286 — 41,286 Accrued interest payable 1,951 1,951 — — 1,951

Regulatory Matters (Tables)

Regulatory Matters (Tables)	3 Months Ended
	Mar. 31, 2022
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations	The actual capital amounts and ratios for the Company and TBK Bank are presented in the following table. (Dollars in thousands) Actual Minimum for Capital To Be Well March 31, 2022 Amount Ratio Amount Ratio Amount Ratio Total capital (to risk weighted assets) Triumph Bancorp, Inc. $ 801,378 14.5% $ 442,140 8.0% N/A N/A TBK Bank, SSB $ 732,784 13.4% $ 437,483 8.0% $ 546,854 10.0% Tier 1 capital (to risk weighted assets) Triumph Bancorp, Inc. $ 659,409 12.0% $ 329,705 6.0% N/A N/A TBK Bank, SSB $ 699,978 12.8% $ 328,115 6.0% $ 437,486 8.0% Common equity Tier 1 capital (to risk weighted assets) Triumph Bancorp, Inc. $ 573,672 10.4% $ 248,223 4.5% N/A N/A TBK Bank, SSB $ 699,978 12.8% $ 246,086 4.5% $ 355,458 6.5% Tier 1 capital (to average assets) Triumph Bancorp, Inc. $ 659,409 11.8% $ 223,528 4.0% N/A N/A TBK Bank, SSB $ 699,978 12.6% $ 222,215 4.0% $ 277,769 5.0% As of December 31, 2021 Total capital (to risk weighted assets) Triumph Bancorp, Inc. $ 769,475 14.1% $ 440,087 8.0% N/A N/A TBK Bank, SSB $ 698,286 12.9% $ 431,973 8.0% $ 539,966 10.0% Tier 1 capital (to risk weighted assets) Triumph Bancorp, Inc. $ 628,094 11.5% $ 329,196 6.0% N/A N/A TBK Bank, SSB $ 665,336 12.3% $ 323,223 6.0% $ 430,964 8.0% Common equity Tier 1 capital (to risk weighted assets) Triumph Bancorp, Inc. $ 542,492 9.9% $ 248,254 4.5% N/A N/A TBK Bank, SSB $ 665,336 12.3% $ 242,417 4.5% $ 350,158 6.5% Tier 1 capital (to average assets) Triumph Bancorp, Inc. $ 628,094 11.1% $ 215,400 4.0% N/A N/A TBK Bank, SSB $ 665,336 11.8% $ 215,482 4.0% $ 269,353 5.0%

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Summary of Capital Structure	The following summarizes the capital structure of Triumph Bancorp, Inc. Preferred Stock Series C (Dollars in thousands, except per share amounts) March 31, 2022 December 31, 2021 Shares authorized 51,750 51,750 Shares issued 45,000 45,000 Shares outstanding 45,000 45,000 Par value per share $ 0.01 $ 0.01 Liquidation preference per share $ 1,000 $ 1,000 Liquidation preference amount $ 45,000 $ 45,000 Dividend rate 7.125 % 7.125 % Dividend payment dates Quarterly Quarterly Common Stock March 31, 2022 December 31, 2021 Shares authorized 50,000,000 50,000,000 Shares issued 28,279,788 28,261,680 Treasury shares (3,118,098) (3,102,801) Shares outstanding 25,161,690 25,158,879 Par value per share $ 0.01 $ 0.01

Stock Based Compensation (Table

Stock Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2022
Share-based Payment Arrangement [Abstract]
Summary of Changes in Company's Nonvested Restricted Stock Awards	A summary of changes in the Company’s nonvested Restricted Stock Awards (“RSAs”) under the Omnibus Incentive Plan for the three months ended March 31, 2022 were as follows: Nonvested RSAs Shares Weighted-Average Nonvested at January 1, 2022 363,404 67.56 Granted 5,502 87.63 Vested (5,502) 87.63 Forfeited (487) 49.69 Nonvested at March 31, 2022 362,917 67.59
Summary of Changes in Company's Nonvested Restricted Stock Units	A summary of changes in the Company’s nonvested Restricted Stock Units (“RSUs”) under the Omnibus Incentive Plan for the three months ended March 31, 2022 were as follows: Nonvested RSUs Shares Weighted-Average Nonvested at January 1, 2022 122,470 52.07 Granted — — Vested — — Forfeited — — Nonvested at March 31, 2022 122,470 52.07
Summary of Changes in Company's Nonvested Performance Stock Units	A summary of changes in the Company’s nonvested Market Based Performance Stock Units (“Market Based PSUs”) under the Omnibus Incentive Plan for the three months ended March 31, 2022 were as follows: Nonvested Market Based PSUs Shares Weighted-Average Nonvested at January 1, 2022 94,984 $ 43.68 Granted — — Vested — — Forfeited — — Nonvested at March 31, 2022 94,984 $ 43.68 A summary of changes in the Company’s nonvested Performance Based Performance Stock Units (“Performance Based PSUs”) under the Omnibus Incentive Plan for the three months ended March 31, 2022 were as follows: Nonvested Performance Based PSUs Shares Weighted Average Nonvested at January 1, 2022 259,383 $ 39.32 Granted — — Vested — — Forfeited (748) 32.50 Nonvested at March 31, 2022 258,635 $ 39.34
Summary of Changes in Company's Stock Options	A summary of the changes in the Company’s stock options under the Omnibus Incentive Plan for the three months ended March 31, 2022 were as follows: Stock Options Shares Weighted-Average Weighted-Average Aggregate Outstanding at January 1, 2022 166,755 $ 33.34 Granted — — Exercised (3,703) 25.80 Forfeited or expired — — Outstanding at March 31, 2022 163,052 $ 33.52 6.21 $ 9,865 Fully vested shares and shares expected to vest at March 31, 2022 163,052 $ 33.52 6.21 $ 9,865 Shares exercisable at March 31, 2022 100,291 $ 25.64 5.19 $ 6,858
Schedule of Information Related to Stock Options	Information related to the stock options for the three months ended March 31, 2022 and 2021 was as follows: Three Months Ended March 31, (Dollars in thousands, except per share amounts) 2022 2021 Aggregate intrinsic value of options exercised $ 277 $ 577 Cash received from option exercises — 191 Tax benefit realized from option exercises 58 121 Weighted average fair value per share of options granted $ — $ —

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2022
Earnings Per Share [Abstract]
Factors Used in Computation of Earnings Per Share	The factors used in the earnings per share computation follow: Three Months Ended March 31, (Dollars in thousands) 2022 2021 Basic Net income to common stockholders $ 23,528 $ 33,122 Weighted average common shares outstanding 24,800,771 24,675,109 Basic earnings per common share $ 0.95 $ 1.34 Diluted Net income to common stockholders $ 23,528 $ 33,122 Weighted average common shares outstanding 24,800,771 24,675,109 Dilutive effects of: Assumed exercises of stock options 107,359 130,016 Restricted stock awards 237,305 169,514 Restricted stock units 86,099 66,714 Performance stock units - market based 139,563 128,167 Performance stock units - performance based — — Employee stock purchase program 771 1,418 Average shares and dilutive potential common shares 25,371,868 25,170,938 Diluted earnings per common share $ 0.93 $ 1.32
Schedule of Shares not Considered in Computing Diluted Earnings per Common Share	Shares that were not considered in computing diluted earnings per common share because they were antidilutive are as follows: Three Months Ended March 31, 2022 2021 Stock options 12,911 — Restricted stock awards 8,463 — Restricted stock units 15,000 — Performance stock units - market based — — Performance stock units - performance based 258,635 256,625 Employee stock purchase program — —

Business Segment Information (T

Business Segment Information (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Schedule of Segment Reporting Information	The following table presents the Company’s operating segments. The accounting policies of the reportable segments substantially the same as those described in the "Summary of Significant Accounting Policies" in Note 1 of the Company's 2021 Form 10-K. Transactions between segments consist primarily of borrowed funds. Intersegment interest expense is allocated to the Factoring and Payments segments based on Federal Home Loan Bank advance rates. Credit loss expense is allocated based on the segment’s allowance for credit losses determination. Noninterest income and expense directly attributable to a segment are assigned to it. The majority of salaries and benefits expense for the Company's executive leadership team is allocated to the Banking segment. Taxes are paid on a consolidated basis and are not allocated for segment purposes. The Factoring segment includes only factoring originated by TBC. (Dollars in thousands) Three months ended March 31, 2022 Banking Factoring Payments Corporate Consolidated Total interest income $ 42,183 $ 56,374 $ 4,832 $ 46 $ 103,435 Intersegment interest allocations 1,857 (1,775) (82) — — Total interest expense 1,603 — — 1,753 3,356 Net interest income (expense) 42,437 54,599 4,750 (1,707) 100,079 Credit loss expense (benefit) (2,870) 1,949 354 1,068 501 Net interest income after credit loss expense 45,307 52,650 4,396 (2,775) 99,578 Noninterest income 5,995 1,871 3,242 13 11,121 Noninterest expense 41,708 21,389 14,333 1,134 78,564 Operating income (loss) $ 9,594 $ 33,132 $ (6,695) $ (3,896) $ 32,135 (Dollars in thousands) Three months ended March 31, 2021 Banking Factoring Payments Corporate Consolidated Total interest income $ 50,556 $ 35,824 $ 1,969 $ 4 $ 88,353 Intersegment interest allocations 2,942 (2,775) (167) — — Total interest expense 3,542 — — 1,791 5,333 Net interest income (expense) 49,956 33,049 1,802 (1,787) 83,020 Credit loss expense (benefit) (12,453) 4,483 292 (167) (7,845) Net interest income after credit loss expense 62,409 28,566 1,510 (1,620) 90,865 Noninterest income 7,750 6,411 73 57 14,291 Noninterest expense 39,454 16,153 4,135 1,150 60,892 Operating income (loss) $ 30,705 $ 18,824 $ (2,552) $ (2,713) $ 44,264 Total assets and gross loans below include intersegment loans, which eliminate in consolidation. (Dollars in thousands) March 31, 2022 Banking Factoring Payments Corporate Eliminations Consolidated Total assets $ 5,684,223 $ 1,748,970 $ 276,010 $ 1,036,818 $ (2,669,587) $ 6,076,434 Gross loans $ 4,268,718 $ 1,585,711 $ 178,879 $ — $ (1,309,230) $ 4,724,078 (Dollars in thousands) December 31, 2021 Banking Factoring Payments Corporate Eliminations Consolidated Total assets $ 5,568,826 $ 1,679,495 $ 293,212 $ 1,009,998 $ (2,595,281) $ 5,956,250 Gross loans $ 4,444,136 $ 1,546,361 $ 153,176 $ 700 $ (1,276,801) $ 4,867,572

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Narrative (Details) - segment	Jun. 29, 2021	Mar. 31, 2022
Accounting Policies [Abstract]
Number of reportable segments	3	4

Acquisitions and Divestitures -

Acquisitions and Divestitures - Summary of Assets and Liabilities in Disposal Group, Factored Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Assets held for sale	$ 260,085	$ 0
Disposal Group, Including Discontinued Operation, Liabilities [Abstract]
Deposits held for sale	377,698	$ 0
Factored Receivable Disposal Group | Disposal Group, Held-for-sale, Not Discontinued Operations
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Assets held for sale	80,819
Disposal Group, Including Discontinued Operation, Liabilities [Abstract]
Customer reserve noninterest bearing deposits	10,434
Deposits held for sale	10,434
Factored Receivable Disposal Group | Factored receivables | Disposal Group, Held-for-sale, Not Discontinued Operations
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Factored receivables	$ 80,819

Acquisitions and Divestitures_2

Acquisitions and Divestitures - Additional Information (Details) $ in Thousands	Jun. 01, 2021USD ($)	Jul. 08, 2020USD ($)clientshares	Mar. 31, 2022USD ($)branch	Mar. 31, 2021USD ($)	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2021USD ($)	Jun. 30, 2021USD ($)	Sep. 23, 2020USD ($)shares
Business Acquisition [Line Items]
Goodwill			$ 230,492				$ 233,727
Loans			4,724,078				4,867,572
Indemnification asset			4,582				4,786
Loans, net			4,682,525				4,825,359
Gain on indemnification asset				$ 4,654
Indemnification asset, expected cash payments to be received			4,823				5,038
Factored receivables
Business Acquisition [Line Items]
Loans			1,764,590				1,699,537
Past Due 30-59 Days
Business Acquisition [Line Items]
Loans			52,687				73,519
Past Due 30-59 Days | Factored receivables
Business Acquisition [Line Items]
Loans			50,389				70,109
Past Due 60-90 Days
Business Acquisition [Line Items]
Loans			21,248				19,182
Past Due 60-90 Days | Factored receivables
Business Acquisition [Line Items]
Loans			20,082				18,302
Past Due 90 Days or More
Business Acquisition [Line Items]
Loans			55,030				46,433
Past Due 90 Days or More | Factored receivables
Business Acquisition [Line Items]
Loans			47,719				39,134
Disposal Group, Held-for-sale, Not Discontinued Operations | Branch Disposal Group
Business Acquisition [Line Items]
Reversal of allowance for credit losses			971
Total loans			$ 159,169
Number of branches sold | branch			15
Disposal Group, Held-for-sale, Not Discontinued Operations | Factored Receivable Disposal Group | Factored receivables
Business Acquisition [Line Items]
Reversal of allowance for credit losses			$ 415
Total loans			80,819
Disposal Group, Held-for-sale, Not Discontinued Operations | Factored Receivable Disposal Group | Past Due 30-59 Days | Factored receivables
Business Acquisition [Line Items]
Total loans			4,899
Disposal Group, Held-for-sale, Not Discontinued Operations | Factored Receivable Disposal Group | Past Due 60-90 Days | Factored receivables
Business Acquisition [Line Items]
Total loans			1,962
Disposal Group, Held-for-sale, Not Discontinued Operations | Factored Receivable Disposal Group | Past Due 90 Days or More | Factored receivables
Business Acquisition [Line Items]
Total loans			767
Fair Value, Measurements, Recurring
Business Acquisition [Line Items]
Indemnification asset			4,582				4,786
Level 3 | Fair Value, Measurements, Recurring
Business Acquisition [Line Items]
Indemnification asset			4,582				4,786
Over-Formula Advances | Factored receivables
Business Acquisition [Line Items]
Loans			9,646				$ 10,077
HubTran, Inc.
Business Acquisition [Line Items]
Goodwill	$ 73,697		70,441
Business acquisition, transaction costs								$ 2,992
Cash paid	97,096
HubTran, Inc. | Capitalized Software
Business Acquisition [Line Items]
Intangible assets	16,932		$ 16,932
Intangible asset, estimated useful life			4 years
HubTran, Inc. | Customer Relationships
Business Acquisition [Line Items]
Intangible assets	$ 10,360		$ 10,360
Intangible asset, estimated useful life			11 years
Transport Financial Solutions
Business Acquisition [Line Items]
Goodwill		$ 4,466	$ 4,525
Intangible asset, estimated useful life		8 years
Cash paid		$ 108,375
Number of common stock (in shares) | shares		630,268
Stock consideration		$ 13,942
Number of large clients | client		3
Portion of purchase price returned (in shares) | shares									630,268
Cash due from seller subsequent to liquidation of stock consideration		$ 17,196
Proceeds from sale of acquired stock						$ 28,064
Noninterest income, other					$ 2,007	$ 10,868
Intangible assets		3,500	3,500
Indemnification asset		30,959	30,959
Charge -off				41,265
Credit loss expense				2,844
Reduction in required ACL				430
Factored receivables acquired, contractual amount		45,228
Factored receivables acquired, fair value		44,962
Acquisition related costs					$ 827
Transport Financial Solutions | CVLG
Business Acquisition [Line Items]
Loans, net				$ 35,633
Transport Financial Solutions | Indemnification Agreement
Business Acquisition [Line Items]
Percent indemnified, first $30 million of losses									100.00%
First increment of losses incurred									$ 30,000
Percent indemnified, second $30 million of losses									50.00%
Second increment of losses incurred									$ 30,000
Total indemnification amount									45,000
Net orderly liquidation value									60,000
Transport Financial Solutions | Indemnification Agreement | CVLG
Business Acquisition [Line Items]
Unsecured federal funds line of credit									45,000
Unused borrowing capacity			$ 9,361
Transport Financial Solutions | Over-Formula Advances
Business Acquisition [Line Items]
Loans		62,200							$ 62,200
Transport Financial Solutions | Maximum
Business Acquisition [Line Items]
Fair value of consideration paid included contingent consideration		$ 9,900

Acquisitions and Divestitures_3

Acquisitions and Divestitures - Summary of Assets and Liabilities in Disposal Group, Branch (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Assets held for sale	$ 260,085	$ 0
Disposal Group, Including Discontinued Operation, Liabilities [Abstract]
Deposits held for sale	377,698	$ 0
Branch Disposal Group | Disposal Group, Held-for-sale, Not Discontinued Operations
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Total loans	159,169
Goodwill	3,217
Intangible assets	1,394
Premises and equipment, net	13,633
Other assets	1,853
Assets held for sale	179,266
Disposal Group, Including Discontinued Operation, Liabilities [Abstract]
Noninterest bearing	102,950
Interest bearing	264,314
Deposits held for sale	367,264
Branch Disposal Group | Commercial real estate | Disposal Group, Held-for-sale, Not Discontinued Operations
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Total loans	31,752
Branch Disposal Group | Construction, land development, land | Disposal Group, Held-for-sale, Not Discontinued Operations
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Total loans	1,112
Branch Disposal Group | 1-4 family residential | Disposal Group, Held-for-sale, Not Discontinued Operations
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Total loans	12,908
Branch Disposal Group | Farmland | Disposal Group, Held-for-sale, Not Discontinued Operations
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Total loans	56,320
Branch Disposal Group | Commercial | Disposal Group, Held-for-sale, Not Discontinued Operations
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Total loans	56,245
Branch Disposal Group | Consumer | Disposal Group, Held-for-sale, Not Discontinued Operations
Disposal Group, Including Discontinued Operation, Assets [Abstract]
Total loans	$ 832

Acquisitions and Divestitures_4

Acquisitions and Divestitures - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed, HubTran, Inc. (Details) - USD ($) $ in Thousands	Jun. 01, 2021	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Dec. 31, 2021
Consideration:
Goodwill, measurement period adjustments		$ (18)	$ 59
Goodwill		230,492		$ 230,492	$ 233,727
HubTran, Inc.
Assets acquired:
Cash	$ 170	170		170
Other assets acquired, measurement period adjustment				24
Other assets	1,546	1,570		1,570
Assets acquired, measurement period adjustment				24
Asset acquired	29,008	29,032		29,032
Liabilities assumed:
Deferred income taxes, measurement period adjustment				(3,248)
Deferred income taxes	4,703	1,455		1,455
Other liabilities acquired, measurement period adjustment				16
Other liabilities	906	922		922
Liabilities acquired, measurement period adjustment				(3,232)
Liabilities assumed	5,609	2,377		2,377
Fair value of net assets acquire, measurement period adjustment				3,256
Fair value of net assets acquired	23,399	26,655		26,655
Consideration:
Cash paid	97,096
Goodwill, measurement period adjustments				(3,256)
Goodwill	73,697	70,441		70,441
HubTran, Inc. | Capitalized Software
Assets acquired:
Intangible assets	16,932	16,932		16,932
HubTran, Inc. | Customer Relationships
Assets acquired:
Intangible assets	$ 10,360	$ 10,360		$ 10,360

Acquisitions and Divestitures_5

Acquisitions and Divestitures - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed, Transport Financial Solutions (Details) - USD ($) $ in Thousands	Jul. 08, 2020	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Dec. 31, 2021
Consideration:
Goodwill		$ 230,492		$ 230,492	$ 233,727
Goodwill, measurement period adjustments		(18)	$ 59
Transport Financial Solutions
Assets acquired:
Factored receivables	$ 107,524	107,524		107,524
Allowance for credit losses	(37,415)	(37,415)		(37,415)
Factored receivables, net of ACL	70,109	70,109		70,109
Intangible assets	3,500	3,500		3,500
Indemnification asset	30,959	30,959		30,959
Deferred income taxes	1,448	1,389		1,389
Deferred income taxes, measurement period adjustment				(59)
Asset acquired	106,016	105,957		105,957
Assets acquired, measurement period adjustment				(59)
Liabilities assumed:
Deposits	5,361	5,361		5,361
Liabilities assumed	5,361	5,361		5,361
Fair value of net assets acquired	100,655	100,596		100,596
Fair value of net assets acquire, measurement period adjustment				(59)
Consideration:
Cash paid	108,375
Stock consideration	13,942
Cash due from seller subsequent to liquidation of stock consideration	(17,196)
Total consideration	105,121
Goodwill	$ 4,466	$ 4,525		4,525
Goodwill, measurement period adjustments				$ 59

Acquisitions and Divestitures_6

Acquisitions and Divestitures - Factored Receivables Purchased with Credit Deterioration (Details) - Transport Financial Solutions - Factored receivables - Over-Formula Advances $ in Thousands	Jul. 08, 2020USD ($)
Business Acquisition [Line Items]
Purchase price of loans at acquisition	$ 25,147
Allowance for credit losses at acquisition	37,415
Non-credit discount/(premium) at acquisition	941
Par value of acquired loans at acquisition	$ 63,503

Securities - Additional Informa

Securities - Additional Information (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2022USD ($)investmentsecurity	Dec. 31, 2021USD ($)investment
Debt and Equity Securities, FV-NI [Line Items]
Equity securities, fair value	$ 5,085	$ 5,504
Pledged debt securities, at carrying value	$ 75,199	$ 72,805
Number of securities in an unrealized loss position | security	56
Number of investments | investment	3	3
Held-to-maturity securities classified as nonaccrual	$ 5,432
Other assets
Debt and Equity Securities, FV-NI [Line Items]
Accrued interest	725	$ 802
Mutual fund
Debt and Equity Securities, FV-NI [Line Items]
Equity securities, fair value	$ 5,085	$ 5,504

Securities - Schedule of Gross

Securities - Schedule of Gross Realized and Unrealized Losses Recognized on Equity Securities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Unrealized gains (losses) on equity securities held at the reporting date	$ (419)	$ 0
Realized gains (losses) on equity securities sold during the period	0	0
Gross realized and unrealized gains (losses) recognized on equity securities	$ (419)	$ 0

Securities - Schedule of Amorti

Securities - Schedule of Amortized Cost of Securities and Their Estimated Fair Values (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Dec. 31, 2020
Available for sale securities:
Amortized Cost	$ 189,979	$ 178,064
Gross Unrealized Gains	3,261	4,573
Gross Unrealized Losses	(1,800)	(211)
Allowance for Credit Losses	0	0
Securities available for sale	191,440	182,426
Held to maturity securities:
Fair Value	5,727	5,447
Allowance for credit losses	(2,455)	(2,082)	$ (1,859)	$ (2,026)
Mortgage-backed securities, residential
Available for sale securities:
Amortized Cost	44,898	36,885
Gross Unrealized Gains	481	720
Gross Unrealized Losses	(1,539)	(156)
Allowance for Credit Losses	0	0
Securities available for sale	43,840	37,449
Asset-backed securities
Available for sale securities:
Amortized Cost	6,659	6,763
Gross Unrealized Gains	0	2
Gross Unrealized Losses	(10)	(1)
Allowance for Credit Losses	0	0
Securities available for sale	6,649	6,764
State and municipal
Available for sale securities:
Amortized Cost	15,224	26,309
Gross Unrealized Gains	116	516
Gross Unrealized Losses	(7)	0
Allowance for Credit Losses	0	0
Securities available for sale	15,333	26,825
CLO securities
Available for sale securities:
Amortized Cost	118,736	103,579
Gross Unrealized Gains	2,554	3,109
Gross Unrealized Losses	(217)	(54)
Allowance for Credit Losses	0	0
Securities available for sale	121,073	106,634
Held to maturity securities:
Amortized Cost	6,859	7,029
Gross Unrealized Gains	150	0
Gross Unrecognized Losses	(1,282)	(1,582)
Fair Value	5,727	5,447
Allowance for credit losses	(2,455)	(2,082)
Total held to maturity securities, net of ACL	4,404	4,947
Corporate bonds
Available for sale securities:
Amortized Cost	1,993	1,992
Gross Unrealized Gains	26	64
Gross Unrealized Losses	(2)	0
Allowance for Credit Losses	0	0
Securities available for sale	2,017	2,056
SBA pooled securities
Available for sale securities:
Amortized Cost	2,469	2,536
Gross Unrealized Gains	84	162
Gross Unrealized Losses	(25)	0
Allowance for Credit Losses	0	0
Securities available for sale	$ 2,528	$ 2,698

Securities - Schedule of Amor_2

Securities - Schedule of Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Available for Sale Securities, Amortized Cost
Due in one year or less, amortized cost	$ 2,488
Due from one year to five years, amortized cost	2,358
Due from five years to ten years, amortized cost	62,704
Due after ten years, amortized cost	68,403
Available for sale securities, with single maturity date, amortized cost	135,953
Amortized Cost	189,979	$ 178,064
Available for Sale Securities, Fair Value
Due in one year or less, fair value	2,494
Due from one year to five years, fair value	2,370
Due from five years to ten years, fair value	64,394
Due after ten years, fair value	69,165
Available for sale securities, with single maturity date, fair value	138,423
Securities available for sale	191,440	182,426
Held to Maturity Securities, Amortized Cost
Due in one year or less, amortized cost	0
Due from one year to five years, amortized cost	0
Due from five years to ten years, amortized cost	6,859
Due after ten years, amortized cost	0
Held to maturity securities, with single maturity date, amortized cost	6,859
Amortized cost, gross	6,859
Held to Maturity Securities, Fair Value
Due in one year or less, fair value	0
Due from one year to five years, fair value	0
Due from five years to ten years, fair value	5,727
Due after ten years, fair value	0
Held to maturity securities, with single maturity date, fair value	5,727
Fair Value	5,727	5,447
Mortgage-backed securities, residential
Available for Sale Securities, Amortized Cost
Available for sale securities, without single maturity date, amortized cost	44,898
Amortized Cost	44,898	36,885
Available for Sale Securities, Fair Value
Available for sale securities, without single maturity date, fair value	43,840
Securities available for sale	43,840	37,449
Held to Maturity Securities, Amortized Cost
Held to maturity securities, without single maturity date, amortized cost	0
Held to Maturity Securities, Fair Value
Held to maturity securities, without single maturity date, fair value	0
Asset-backed securities
Available for Sale Securities, Amortized Cost
Available for sale securities, without single maturity date, amortized cost	6,659
Amortized Cost	6,659	6,763
Available for Sale Securities, Fair Value
Available for sale securities, without single maturity date, fair value	6,649
Securities available for sale	6,649	6,764
Held to Maturity Securities, Amortized Cost
Held to maturity securities, without single maturity date, amortized cost	0
Held to Maturity Securities, Fair Value
Held to maturity securities, without single maturity date, fair value	0
SBA pooled securities
Available for Sale Securities, Amortized Cost
Available for sale securities, without single maturity date, amortized cost	2,469
Amortized Cost	2,469	2,536
Available for Sale Securities, Fair Value
Available for sale securities, without single maturity date, fair value	2,528
Securities available for sale	2,528	$ 2,698
Held to Maturity Securities, Amortized Cost
Held to maturity securities, without single maturity date, amortized cost	0
Held to Maturity Securities, Fair Value
Held to maturity securities, without single maturity date, fair value	$ 0

Securities - Schedule of Availa

Securities - Schedule of Available for Sale Debt Securities in an Unrealized Loss Position (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	$ 56,042	$ 43,160
Less than 12 months, unrealized losses	(1,796)	(209)
12 months or more, fair value	5,001	5,005
12 months or more, unrealized losses	(4)	(2)
Total, fair value	61,043	48,165
Total, unrealized losses	(1,800)	(211)
Mortgage-backed securities, residential
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	25,715	20,386
Less than 12 months, unrealized losses	(1,539)	(155)
12 months or more, fair value	5	6
12 months or more, unrealized losses	0	(1)
Total, fair value	25,720	20,392
Total, unrealized losses	(1,539)	(156)
Asset-backed securities
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	1,652	37
Less than 12 months, unrealized losses	(6)	0
12 months or more, fair value	4,996	4,999
12 months or more, unrealized losses	(4)	(1)
Total, fair value	6,648	5,036
Total, unrealized losses	(10)	(1)
State and municipal
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	1,450	30
Less than 12 months, unrealized losses	(7)	0
12 months or more, fair value	0	0
12 months or more, unrealized losses	0	0
Total, fair value	1,450	30
Total, unrealized losses	(7)	0
CLO securities
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	25,033	22,707
Less than 12 months, unrealized losses	(217)	(54)
12 months or more, fair value	0	0
12 months or more, unrealized losses	0	0
Total, fair value	25,033	22,707
Total, unrealized losses	(217)	(54)
Corporate bonds
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	497	0
Less than 12 months, unrealized losses	(2)	0
12 months or more, fair value	0	0
12 months or more, unrealized losses	0	0
Total, fair value	497	0
Total, unrealized losses	(2)	0
SBA pooled securities
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	1,695	0
Less than 12 months, unrealized losses	(25)	0
12 months or more, fair value	0	0
12 months or more, unrealized losses	0	0
Total, fair value	1,695	0
Total, unrealized losses	$ (25)	$ 0

Securities - Summary of Activit

Securities - Summary of Activity in Allowance for Credit Losses for Held To Maturity Debt Securities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Allowance for credit losses:
Beginning balance	$ 2,082	$ 2,026
Credit loss expense	373	(167)
Allowance for credit losses ending balance	$ 2,455	$ 1,859

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses - Schedule of Loans Held for Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for sale	$ 607	$ 7,330
1-4 family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for sale	597	712
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans held for sale	$ 10	$ 6,618

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses - Schedule of Amortized Cost and Unpaid Principal for Impaired Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	$ 4,724,078	$ 4,867,572
Unpaid Principal	4,740,698	4,884,644
Difference	(16,620)	(17,072)
Allowance for credit losses	(41,553)	(42,213)
Loans, net	4,682,525	4,825,359
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	625,763	632,775
Unpaid Principal	627,657	634,319
Difference	(1,894)	(1,544)
Construction, land development, land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	119,560	123,464
Unpaid Principal	119,628	123,643
Difference	(68)	(179)
1-4 family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	117,534	123,115
Unpaid Principal	117,873	123,443
Difference	(339)	(328)
Farmland
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	17,910	77,394
Unpaid Principal	18,102	77,905
Difference	(192)	(511)
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	1,375,044	1,430,429
Unpaid Principal	1,383,979	1,440,542
Difference	(8,935)	(10,113)
Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	1,764,590	1,699,537
Unpaid Principal	1,769,774	1,703,936
Difference	(5,184)	(4,399)
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	9,276	10,885
Unpaid Principal	9,284	10,883
Difference	(8)	2
Mortgage warehouse
Accounts, Notes, Loans and Financing Receivable [Line Items]
Amortized Cost	694,401	769,973
Unpaid Principal	694,401	769,973
Difference	$ 0	$ 0

Loans and Allowance for Credi_5

Loans and Allowance for Credit Losses - Additional Information (Details)	3 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)loan	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Sep. 23, 2020USD ($)	Jul. 08, 2020USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Premiums and discounts on acquired loans	$ 11,143,000		$ 11,723,000
Net deferred origination and factoring fees	5,477,000		5,349,000
Accrued interest on loans	12,056,000		14,513,000
Allowance for credit losses	41,553,000		42,213,000
Loans	4,724,078,000		4,867,572,000
Pledged loans	1,578,984,000		1,733,917,000
Nonaccrual	12,172,000		15,034,000
Interest earned on nonaccrual loans	0	$ 0
Recorded investments in troubled debt restructurings	3,934,000		4,677,000
Number of defaults on modified loans | loan		2
Recorded investments in troubled debt restructurings		$ 5,841,000
Troubled Debt Restructuring
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	924,000		1,068,000
Nonaccrual	3,245,000		3,912,000
Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	55,030,000		46,433,000
Over-Formula Advances | Transport Financial Solutions
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans					$ 62,200,000	$ 62,200,000
Changes in Allowance for Credit Losses
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses change due to loss drivers	1,017,000
Loans Held for Investment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	41,553,000	48,024,000	42,213,000	$ 95,739,000
Net charge-offs	1,500,000	41,251,000
Credit loss expense	864,000	(6,464,000)
Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Customer reserves	231,506,000		254,970,000
Loans	1,764,590,000		1,699,537,000
Nonaccrual	0		0
Factored receivables | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	47,719,000		39,134,000
Factored receivables | Over-Formula Advances
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	9,646,000		10,077,000
Net charge-offs		41,265,000
Factored receivables | Over-Formula Advances | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	9,646,000		10,077,000
Factored receivables | Misdirected Payments Receivable | United States Postal Service
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	19,361,000		19,361,000
Factored receivables | Loans Held for Investment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	22,471,000	19,716,000	20,915,000	56,463,000
Credit loss expense	2,235,000	4,718,000
1-4 family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	117,534,000		123,115,000
Nonaccrual	1,609,000		1,683,000
1-4 family residential | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	1,002,000		1,114,000
1-4 family residential | Real Eatate Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Residential real estate loans in process of foreclosure	301,000		301,000
1-4 family residential | Loans Held for Investment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	450,000	631,000	$ 468,000	$ 1,225,000
Credit loss expense	$ (21,000)	$ (678,000)

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses - Schedule of Loans Transferred from Held For Investment to Loans Held For Sale (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Receivables [Abstract]
Loans transferred from held for investment to loans held for sale	$ 1,932	$ 27,407
Proceeds from sales of loans transferred to loans held for sale	7,444	20,406
Net gains and (losses) on transfers and sales of loans held for sale	$ (144)	$ 1,053

Loans and Allowance for Credi_7

Loans and Allowance for Credit Losses - Summary of Allowance for Loan and Lease Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	$ 42,213
Ending Balance	41,553
Loans Held for Investment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	42,213	$ 95,739
Credit Loss Expense	864	(6,464)
Charge-offs	(1,651)	(41,867)
Recoveries	127	616
Ending Balance	41,553	48,024
Commercial real estate | Loans Held for Investment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	3,961	10,182
Credit Loss Expense	(340)	(3,364)
Charge-offs	(108)	0
Recoveries	14	5
Ending Balance	3,527	6,823
Construction, land development, land | Loans Held for Investment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	827	3,418
Credit Loss Expense	73	(1,737)
Charge-offs	0	(12)
Recoveries	1	1
Ending Balance	901	1,670
1-4 family residential | Loans Held for Investment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	468	1,225
Credit Loss Expense	(21)	(678)
Charge-offs	0	0
Recoveries	3	84
Ending Balance	450	631
Farmland | Loans Held for Investment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	562	832
Credit Loss Expense	(441)	(133)
Charge-offs	0	0
Recoveries	0	0
Ending Balance	121	699
Commercial | Loans Held for Investment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	14,485	22,040
Credit Loss Expense	(607)	(5,071)
Charge-offs	(724)	(273)
Recoveries	61	462
Ending Balance	13,215	17,158
Factored receivables | Loans Held for Investment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	20,915	56,463
Credit Loss Expense	2,235	4,718
Charge-offs	(708)	(41,503)
Recoveries	29	38
Ending Balance	22,471	19,716
Consumer | Loans Held for Investment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	226	542
Credit Loss Expense	41	(193)
Charge-offs	(111)	(79)
Recoveries	19	26
Ending Balance	175	296
Mortgage warehouse | Loans Held for Investment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning Balance	769	1,037
Credit Loss Expense	(76)	(6)
Charge-offs	0	0
Recoveries	0	0
Ending Balance	$ 693	$ 1,031

Loans and Allowance for Credi_8

Loans and Allowance for Credit Losses - Summary of Amortized Cost Basis of Collateral Dependent Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
ACL Allocation	$ 41,553	$ 42,213
Collateral dependent loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	66,222	59,001
ACL Allocation	15,539	14,716
Collateral dependent loans | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	5,291	6,770
Collateral dependent loans | Accounts Receivable
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	53,072	42,863
Collateral dependent loans | Equipment
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	4,602	5,724
Collateral dependent loans | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	3,257	3,644
Commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	2,314	2,298
ACL Allocation	283	283
Commercial real estate | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	2,161	2,143
Commercial real estate | Accounts Receivable
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
Commercial real estate | Equipment
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
Commercial real estate | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	153	155
Construction, land development, land
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	175	987
ACL Allocation	0	0
Construction, land development, land | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	175	987
Construction, land development, land | Accounts Receivable
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
Construction, land development, land | Equipment
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
Construction, land development, land | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
1-4 family residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	1,624	1,699
ACL Allocation	39	39
1-4 family residential | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	1,510	1,583
1-4 family residential | Accounts Receivable
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
1-4 family residential | Equipment
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
1-4 family residential | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	114	116
Farmland
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	1,455	2,045
ACL Allocation	0	0
Farmland | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	1,218	1,803
Farmland | Accounts Receivable
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
Farmland | Equipment
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	121	126
Farmland | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	116	116
Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	7,363	8,869
ACL Allocation	1,472	1,733
Commercial | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	227	254
Commercial | Accounts Receivable
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
Commercial | Equipment
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	4,481	5,598
Commercial | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	2,655	3,017
Factored receivables
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	53,072	42,863
ACL Allocation	13,724	12,640
Factored receivables | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
Factored receivables | Accounts Receivable
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	53,072	42,863
Factored receivables | Equipment
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
Factored receivables | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	219	240
ACL Allocation	21	21
Consumer | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
Consumer | Accounts Receivable
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
Consumer | Equipment
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
Consumer | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	219	240
Mortgage warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
ACL Allocation	0	0
Mortgage warehouse | Real Estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
Mortgage warehouse | Accounts Receivable
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
Mortgage warehouse | Equipment
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	0	0
Mortgage warehouse | Other
Financing Receivable, Allowance for Credit Loss [Line Items]
Amortized cost	$ 0	$ 0

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses - Summary of Contractually Past Due and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 90 days or more and accruing	$ 47,719	$ 39,268
Loans	4,724,078	4,867,572
Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	128,965	139,134
Past Due 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	52,687	73,519
Past Due 60-90 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	21,248	19,182
Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	55,030	46,433
Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	4,595,113	4,728,438
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 90 days or more and accruing	0	0
Loans	625,763	632,775
Commercial real estate | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	16	1,037
Commercial real estate | Past Due 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0	1,021
Commercial real estate | Past Due 60-90 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0	0
Commercial real estate | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	16	16
Commercial real estate | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	625,747	631,738
Construction, land development, land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 90 days or more and accruing	0	0
Loans	119,560	123,464
Construction, land development, land | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	175	175
Construction, land development, land | Past Due 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	7	30
Construction, land development, land | Past Due 60-90 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0	0
Construction, land development, land | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	168	145
Construction, land development, land | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	119,385	123,289
1-4 family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 90 days or more and accruing	0	134
Loans	117,534	123,115
1-4 family residential | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	2,370	2,176
1-4 family residential | Past Due 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	1,192	730
1-4 family residential | Past Due 60-90 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	176	332
1-4 family residential | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	1,002	1,114
1-4 family residential | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	115,164	120,939
Farmland
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 90 days or more and accruing	0	0
Loans	17,910	77,394
Farmland | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	779	1,509
Farmland | Past Due 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0	378
Farmland | Past Due 60-90 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0	154
Farmland | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	779	977
Farmland | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	17,131	75,885
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 90 days or more and accruing	0	0
Loans	1,375,044	1,430,429
Commercial | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	7,129	6,290
Commercial | Past Due 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	923	996
Commercial | Past Due 60-90 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	969	346
Commercial | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	5,237	4,948
Commercial | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	1,367,915	1,424,139
Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 90 days or more and accruing	47,719	39,134
Loans	1,764,590	1,699,537
Factored receivables | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	118,190	127,545
Factored receivables | Past Due 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	50,389	70,109
Factored receivables | Past Due 60-90 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	20,082	18,302
Factored receivables | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	47,719	39,134
Factored receivables | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	1,646,400	1,571,992
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 90 days or more and accruing	0	0
Loans	9,276	10,885
Consumer | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	306	402
Consumer | Past Due 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	176	255
Consumer | Past Due 60-90 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	21	48
Consumer | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	109	99
Consumer | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	8,970	10,483
Mortgage warehouse
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due 90 days or more and accruing	0	0
Loans	694,401	769,973
Mortgage warehouse | Total Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0	0
Mortgage warehouse | Past Due 30-59 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0	0
Mortgage warehouse | Past Due 60-90 Days
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0	0
Mortgage warehouse | Past Due 90 Days or More
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0	0
Mortgage warehouse | Current
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 694,401	$ 769,973

Loans and Allowance for Cred_10

Loans and Allowance for Credit Losses - Summary of Amortized Cost Basis of Loans on Nonaccrual Status (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	$ 12,172	$ 15,034
Nonaccrual With No ACL	7,510	10,034
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	2,039	2,025
Nonaccrual With No ACL	1,423	1,375
Construction, land development, land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	175	964
Nonaccrual With No ACL	175	964
1-4 family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	1,609	1,683
Nonaccrual With No ACL	1,503	1,582
Farmland
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	1,455	2,044
Nonaccrual With No ACL	1,455	2,044
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	6,675	8,078
Nonaccrual With No ACL	2,815	3,910
Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	0	0
Nonaccrual With No ACL	0	0
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	219	240
Nonaccrual With No ACL	139	159
Mortgage warehouse
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual	0	0
Nonaccrual With No ACL	$ 0	$ 0

Loans and Allowance for Cred_11

Loans and Allowance for Credit Losses - Summary of Accrued Interest on Non Accrual Loans Reversed Through Interest Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	$ 4	$ 10
Commercial real estate
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	0	0
Construction, land development, land
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	0	0
1-4 family residential
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	0	1
Farmland
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	0	6
Commercial
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	4	3
Factored receivables
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	0	0
Consumer
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	0	0
Mortgage warehouse
Financing Receivable, Allowance for Credit Loss [Line Items]
Accrued interest reversed through interest income	$ 0	$ 0

Loans and Allowance for Cred_12

Loans and Allowance for Credit Losses - Schedule of Nonperforming Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	$ 12,172	$ 15,034
Factored receivables greater than 90 days past due	47,719	39,268
Troubled Debt Restructuring
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	3,245	3,912
Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	0	0
Factored receivables greater than 90 days past due	47,719	39,134
Nonperforming Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	12,172	15,034
Other nonperforming factored receivables	1,213	1,428
Troubled debt restructurings accruing interest	689	765
Total loans	44,383	46,284
Nonperforming Loans | Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Factored receivables greater than 90 days past due	$ 30,309	$ 29,057

Loans and Allowance for Cred_13

Loans and Allowance for Credit Losses - Summary of Analysis Performed Risk category Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	$ 2,657,162	$ 3,242,129
Financing receivable, year two, originated, fiscal year before current fiscal year	676,249	678,397
Financing receivable, year three, originated, two years before current fiscal year	591,154	155,798
Financing receivable, year four, originated, three years before current fiscal year	136,420	84,594
Financing receivable, year five, originated, four years before current fiscal year	67,050	85,116
Prior	92,864	91,906
Revolving Loans	502,442	529,024
Financing receivable, revolving loans converted to term loans	737	608
Amortized Cost	4,724,078	4,867,572
Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	2,644,290	3,216,480
Financing receivable, year two, originated, fiscal year before current fiscal year	657,028	646,539
Financing receivable, year three, originated, two years before current fiscal year	561,714	150,023
Financing receivable, year four, originated, three years before current fiscal year	135,305	83,685
Financing receivable, year five, originated, four years before current fiscal year	66,497	84,733
Prior	90,792	89,813
Revolving Loans	501,707	528,359
Financing receivable, revolving loans converted to term loans	737	608
Amortized Cost	4,658,070	4,800,240
Classified
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	12,872	25,649
Financing receivable, year two, originated, fiscal year before current fiscal year	19,221	31,858
Financing receivable, year three, originated, two years before current fiscal year	29,440	5,775
Financing receivable, year four, originated, three years before current fiscal year	1,115	909
Financing receivable, year five, originated, four years before current fiscal year	553	383
Prior	2,072	2,093
Revolving Loans	735	665
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	66,008	67,332
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	87,684	213,967
Financing receivable, year two, originated, fiscal year before current fiscal year	197,561	253,010
Financing receivable, year three, originated, two years before current fiscal year	218,846	50,264
Financing receivable, year four, originated, three years before current fiscal year	47,660	25,930
Financing receivable, year five, originated, four years before current fiscal year	20,786	47,463
Prior	48,717	37,290
Revolving Loans	4,509	4,851
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	625,763	632,775
Commercial real estate | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	87,684	211,088
Financing receivable, year two, originated, fiscal year before current fiscal year	193,924	249,652
Financing receivable, year three, originated, two years before current fiscal year	216,244	50,223
Financing receivable, year four, originated, three years before current fiscal year	47,620	25,930
Financing receivable, year five, originated, four years before current fiscal year	20,786	47,447
Prior	48,701	37,290
Revolving Loans	4,253	4,595
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	619,212	626,225
Commercial real estate | Classified
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	0	2,879
Financing receivable, year two, originated, fiscal year before current fiscal year	3,637	3,358
Financing receivable, year three, originated, two years before current fiscal year	2,602	41
Financing receivable, year four, originated, three years before current fiscal year	40	0
Financing receivable, year five, originated, four years before current fiscal year	0	16
Prior	16	0
Revolving Loans	256	256
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	6,551	6,550
Construction, land development, land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	7,412	58,914
Financing receivable, year two, originated, fiscal year before current fiscal year	49,443	33,764
Financing receivable, year three, originated, two years before current fiscal year	34,005	4,744
Financing receivable, year four, originated, three years before current fiscal year	4,617	23,696
Financing receivable, year five, originated, four years before current fiscal year	23,327	1,199
Prior	747	1,139
Revolving Loans	9	8
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	119,560	123,464
Construction, land development, land | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	7,412	56,764
Financing receivable, year two, originated, fiscal year before current fiscal year	48,081	33,756
Financing receivable, year three, originated, two years before current fiscal year	33,997	4,744
Financing receivable, year four, originated, three years before current fiscal year	4,617	23,696
Financing receivable, year five, originated, four years before current fiscal year	23,327	1,199
Prior	602	994
Revolving Loans	9	8
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	118,045	121,161
Construction, land development, land | Classified
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	0	2,150
Financing receivable, year two, originated, fiscal year before current fiscal year	1,362	8
Financing receivable, year three, originated, two years before current fiscal year	8	0
Financing receivable, year four, originated, three years before current fiscal year	0	0
Financing receivable, year five, originated, four years before current fiscal year	0	0
Prior	145	145
Revolving Loans	0	0
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	1,515	2,303
1-4 family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	11,019	27,113
Financing receivable, year two, originated, fiscal year before current fiscal year	23,320	15,428
Financing receivable, year three, originated, two years before current fiscal year	13,740	9,538
Financing receivable, year four, originated, three years before current fiscal year	9,060	6,532
Financing receivable, year five, originated, four years before current fiscal year	5,167	8,655
Prior	24,159	23,240
Revolving Loans	30,747	32,291
Financing receivable, revolving loans converted to term loans	322	318
Amortized Cost	117,534	123,115
1-4 family residential | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	11,019	26,840
Financing receivable, year two, originated, fiscal year before current fiscal year	23,059	15,195
Financing receivable, year three, originated, two years before current fiscal year	13,562	9,485
Financing receivable, year four, originated, three years before current fiscal year	9,007	6,526
Financing receivable, year five, originated, four years before current fiscal year	5,162	8,591
Prior	23,060	22,151
Revolving Loans	30,667	32,210
Financing receivable, revolving loans converted to term loans	322	318
Amortized Cost	115,858	121,316
1-4 family residential | Classified
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	0	273
Financing receivable, year two, originated, fiscal year before current fiscal year	261	233
Financing receivable, year three, originated, two years before current fiscal year	178	53
Financing receivable, year four, originated, three years before current fiscal year	53	6
Financing receivable, year five, originated, four years before current fiscal year	5	64
Prior	1,099	1,089
Revolving Loans	80	81
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	1,676	1,799
Farmland
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	177	14,586
Financing receivable, year two, originated, fiscal year before current fiscal year	3,096	14,008
Financing receivable, year three, originated, two years before current fiscal year	3,313	8,485
Financing receivable, year four, originated, three years before current fiscal year	3,265	8,373
Financing receivable, year five, originated, four years before current fiscal year	2,317	10,168
Prior	4,489	20,090
Revolving Loans	1,016	1,443
Financing receivable, revolving loans converted to term loans	237	241
Amortized Cost	17,910	77,394
Farmland | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	177	14,387
Financing receivable, year two, originated, fiscal year before current fiscal year	2,897	13,396
Financing receivable, year three, originated, two years before current fiscal year	2,809	7,892
Financing receivable, year four, originated, three years before current fiscal year	2,663	8,040
Financing receivable, year five, originated, four years before current fiscal year	2,317	10,040
Prior	4,094	19,792
Revolving Loans	1,016	1,317
Financing receivable, revolving loans converted to term loans	237	241
Amortized Cost	16,210	75,105
Farmland | Classified
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	0	199
Financing receivable, year two, originated, fiscal year before current fiscal year	199	612
Financing receivable, year three, originated, two years before current fiscal year	504	593
Financing receivable, year four, originated, three years before current fiscal year	602	333
Financing receivable, year five, originated, four years before current fiscal year	0	128
Prior	395	298
Revolving Loans	0	126
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	1,700	2,289
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	111,080	475,571
Financing receivable, year two, originated, fiscal year before current fiscal year	401,006	339,604
Financing receivable, year three, originated, two years before current fiscal year	299,321	82,098
Financing receivable, year four, originated, three years before current fiscal year	71,396	19,498
Financing receivable, year five, originated, four years before current fiscal year	15,006	15,088
Prior	10,949	8,160
Revolving Loans	466,108	490,361
Financing receivable, revolving loans converted to term loans	178	49
Amortized Cost	1,375,044	1,430,429
Commercial | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	109,751	466,254
Financing receivable, year two, originated, fiscal year before current fiscal year	387,247	332,746
Financing receivable, year three, originated, two years before current fiscal year	293,748	77,010
Financing receivable, year four, originated, three years before current fiscal year	70,976	18,940
Financing receivable, year five, originated, four years before current fiscal year	14,458	15,032
Prior	10,748	7,704
Revolving Loans	465,709	490,159
Financing receivable, revolving loans converted to term loans	178	49
Amortized Cost	1,352,815	1,407,894
Commercial | Classified
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	1,329	9,317
Financing receivable, year two, originated, fiscal year before current fiscal year	13,759	6,858
Financing receivable, year three, originated, two years before current fiscal year	5,573	5,088
Financing receivable, year four, originated, three years before current fiscal year	420	558
Financing receivable, year five, originated, four years before current fiscal year	548	56
Prior	201	456
Revolving Loans	399	202
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	22,229	22,535
Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	1,744,015	1,678,748
Financing receivable, year two, originated, fiscal year before current fiscal year	0	20,789
Financing receivable, year three, originated, two years before current fiscal year	20,575	0
Financing receivable, year four, originated, three years before current fiscal year	0	0
Financing receivable, year five, originated, four years before current fiscal year	0	0
Prior	0	0
Revolving Loans	0	0
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	1,764,590	1,699,537
Factored receivables | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	1,732,472	1,667,922
Financing receivable, year two, originated, fiscal year before current fiscal year	0	0
Financing receivable, year three, originated, two years before current fiscal year	0	0
Financing receivable, year four, originated, three years before current fiscal year	0	0
Financing receivable, year five, originated, four years before current fiscal year	0	0
Prior	0	0
Revolving Loans	0	0
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	1,732,472	1,667,922
Factored receivables | Classified
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	11,543	10,826
Financing receivable, year two, originated, fiscal year before current fiscal year	0	20,789
Financing receivable, year three, originated, two years before current fiscal year	20,575	0
Financing receivable, year four, originated, three years before current fiscal year	0	0
Financing receivable, year five, originated, four years before current fiscal year	0	0
Prior	0	0
Revolving Loans	0	0
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	32,118	31,615
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	1,374	3,257
Financing receivable, year two, originated, fiscal year before current fiscal year	1,823	1,794
Financing receivable, year three, originated, two years before current fiscal year	1,354	669
Financing receivable, year four, originated, three years before current fiscal year	422	565
Financing receivable, year five, originated, four years before current fiscal year	447	2,543
Prior	3,803	1,987
Revolving Loans	53	70
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	9,276	10,885
Consumer | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	1,374	3,252
Financing receivable, year two, originated, fiscal year before current fiscal year	1,820	1,794
Financing receivable, year three, originated, two years before current fiscal year	1,354	669
Financing receivable, year four, originated, three years before current fiscal year	422	553
Financing receivable, year five, originated, four years before current fiscal year	447	2,424
Prior	3,587	1,882
Revolving Loans	53	70
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	9,057	10,644
Consumer | Classified
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	0	5
Financing receivable, year two, originated, fiscal year before current fiscal year	3	0
Financing receivable, year three, originated, two years before current fiscal year	0	0
Financing receivable, year four, originated, three years before current fiscal year	0	12
Financing receivable, year five, originated, four years before current fiscal year	0	119
Prior	216	105
Revolving Loans	0	0
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	219	241
Mortgage warehouse
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	694,401	769,973
Financing receivable, year two, originated, fiscal year before current fiscal year	0	0
Financing receivable, year three, originated, two years before current fiscal year	0	0
Financing receivable, year four, originated, three years before current fiscal year	0	0
Financing receivable, year five, originated, four years before current fiscal year	0	0
Prior	0	0
Revolving Loans	0	0
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	694,401	769,973
Mortgage warehouse | Pass
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	694,401	769,973
Financing receivable, year two, originated, fiscal year before current fiscal year	0	0
Financing receivable, year three, originated, two years before current fiscal year	0	0
Financing receivable, year four, originated, three years before current fiscal year	0	0
Financing receivable, year five, originated, four years before current fiscal year	0	0
Prior	0	0
Revolving Loans	0	0
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	694,401	769,973
Mortgage warehouse | Classified
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, year one, originated, current fiscal year	0	0
Financing receivable, year two, originated, fiscal year before current fiscal year	0	0
Financing receivable, year three, originated, two years before current fiscal year	0	0
Financing receivable, year four, originated, three years before current fiscal year	0	0
Financing receivable, year five, originated, four years before current fiscal year	0	0
Prior	0	0
Revolving Loans	0	0
Financing receivable, revolving loans converted to term loans	0	0
Amortized Cost	$ 0	$ 0

Loans and Allowance for Cred_14

Loans and Allowance for Credit Losses - Schedule of Loans Modified as Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 741
Number of Loans | loan	1
Extended Amortization Period
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 0
Payment Deferrals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	0
Protective Advances
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	741
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 741
Number of Loans | loan	1
Commercial real estate | Extended Amortization Period
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 0
Commercial real estate | Payment Deferrals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	0
Commercial real estate | Protective Advances
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	741
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications	$ 0
Number of Loans | loan
Commercial | Extended Amortization Period
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications
Commercial | Payment Deferrals
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications
Commercial | Protective Advances
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Modifications

Loans and Allowance for Cred_15

Loans and Allowance for Credit Losses - Loan Modifications (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Receivables [Abstract]
Total modifications	$ 0	$ 10,459

Loans and Allowance for Cred_16

Loans and Allowance for Credit Losses - Summary of Amortized Cost of Loans Currently in Deferral (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 4,724,078	$ 4,867,572
Balance of Loans Currently in Deferral	$ 1,340	$ 31,896
Percentage of Portfolio	0.00%	0.70%
Accrued Interest Receivable	$ 5	$ 124
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	625,763	632,775
Balance of Loans Currently in Deferral	$ 0	$ 30,212
Percentage of Portfolio	0.00%	4.80%
Accrued Interest Receivable	$ 0	$ 116
Construction, land development, land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	119,560	123,464
Balance of Loans Currently in Deferral	$ 1,340	$ 1,340
Percentage of Portfolio	1.10%	1.10%
Accrued Interest Receivable	$ 5	$ 5
1-4 family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	117,534	123,115
Balance of Loans Currently in Deferral	$ 0	$ 0
Percentage of Portfolio	0.00%	0.00%
Accrued Interest Receivable	$ 0	$ 0
Farmland
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	17,910	77,394
Balance of Loans Currently in Deferral	$ 0	$ 338
Percentage of Portfolio	0.00%	0.40%
Accrued Interest Receivable	$ 0	$ 3
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	1,375,044	1,430,429
Balance of Loans Currently in Deferral	$ 0	$ 0
Percentage of Portfolio	0.00%	0.00%
Accrued Interest Receivable	$ 0	$ 0
Factored receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	1,764,590	1,699,537
Balance of Loans Currently in Deferral	$ 0	$ 0
Percentage of Portfolio	0.00%	0.00%
Accrued Interest Receivable	$ 0	$ 0
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	9,276	10,885
Balance of Loans Currently in Deferral	$ 0	$ 6
Percentage of Portfolio	0.00%	0.10%
Accrued Interest Receivable	$ 0	$ 0
Mortgage warehouse
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	694,401	769,973
Balance of Loans Currently in Deferral	$ 0	$ 0
Percentage of Portfolio	0.00%	0.00%
Accrued Interest Receivable	$ 0	$ 0

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Schedule of Intangible Assets and Goodwill (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Goodwill And Intangible Assets [Line Items]
Goodwill	$ 230,492	$ 233,727
Gross Carrying Amount	88,676	90,070
Accumulated Amortization	(50,049)	(46,941)
Net Carrying Amount	38,627	43,129
Core deposit intangibles
Goodwill And Intangible Assets [Line Items]
Gross Carrying Amount	42,184	43,578
Accumulated Amortization	(32,724)	(31,800)
Net Carrying Amount	9,460	11,778
Software intangible assets
Goodwill And Intangible Assets [Line Items]
Gross Carrying Amount	16,932	16,932
Accumulated Amortization	(3,528)	(2,469)
Net Carrying Amount	13,404	14,463
Other intangible assets
Goodwill And Intangible Assets [Line Items]
Gross Carrying Amount	29,560	29,560
Accumulated Amortization	(13,797)	(12,672)
Net Carrying Amount	$ 15,763	$ 16,888

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Changes in Goodwill and Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Goodwill [Roll Forward]
Beginning balance	$ 276,856	$ 189,922
Acquired goodwill - measurement period adjustment	(18)	59
Goodwill transferred to assets held for sale	(3,217)	0
Intangible assets transferred to assets held for sale	(1,394)	0
Amortization of intangibles	(3,108)	(1,975)
Ending balance	$ 269,119	$ 188,006

Derivative Financial Instrume_3

Derivative Financial Instruments - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Amount of pre-tax gains expected to be reclassified into earnings within the next twelve months	$ 2,795
Discontinued Cash Flow Hedge | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent
Derivative Instruments, Gain (Loss) [Line Items]
Termination value	9,316	$ 0
Other assets | Interest rate swaps | Derivatives designated as hedging instruments
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	$ 200,000		$ 200,000

Derivative Financial Instrume_4

Derivative Financial Instruments - Pre-Tax Impact of Terminated Cash Flow Hedge on AOCI (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
AOCI Attributable to Parent, Before Tax [Roll Forward]
Beginning balance	$ 858,864	$ 726,781
Ending balance	886,665	764,004
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent | Discontinued Cash Flow Hedge
AOCI Attributable to Parent, Before Tax [Roll Forward]
Beginning balance	0	0
Unrealized gains on terminated hedges arising during the period	9,316	0
Reclassification adjustments for amortization of unrealized (gains) into net income	(233)	0
Ending balance	$ 9,083	$ 0

Derivative Financial Instrume_5

Derivative Financial Instruments - Schedule of Fair Value of Derivative Financial Instruments Classification on Balance Sheet (Details) - Derivatives designated as hedging instruments - Interest rate swaps - Other assets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Derivatives, Fair Value [Line Items]
Notional Amount	$ 200,000	$ 200,000
Fair Value Total		$ 6,164

Derivative Financial Instrume_6

Derivative Financial Instruments - Schedule of Effect of Fair Value and Cash Flow Hedge on Accumulated Other Comprehensive Income, Net of Tax (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in OCI on Derivative	$ 2,234	$ 2,812
Amount of Gain or (Loss) Reclassified from AOCI into Income	164	(18)
Interest rate swaps
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in OCI on Derivative	2,234	2,812
Interest rate swaps | Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Reclassified from AOCI into Income	$ (164)	$ 18

Variable Interest Entities - Su

Variable Interest Entities - Summary of Closed Collateralized Loan Obligation ("CLO") Funds (Details) - Collateralized Loan Obligation Funds - USD ($) $ in Thousands	Jun. 20, 2017	Sep. 22, 2016	Jun. 02, 2016
Trinitas IV
Variable Interest Entity [Line Items]
Offering Amount			$ 406,650
Trinitas V
Variable Interest Entity [Line Items]
Offering Amount		$ 409,000
Trinitas VI
Variable Interest Entity [Line Items]
Offering Amount	$ 717,100

Variable Interest Entities - Ad

Variable Interest Entities - Additional Information - (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Variable Interest Entity [Line Items]
Securities - held to maturity, net carrying amount	$ 4,404	$ 4,947
Collateralized Loan Obligation Funds
Variable Interest Entity [Line Items]
Securities - held to maturity, net carrying amount	$ 4,404	$ 4,947

Off-Balance Sheet Loan Commit_3

Off-Balance Sheet Loan Commitments - Summary of Financial Instruments with Off-Balance Sheet Risk - (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Unused lines of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fixed Rate	$ 21,159	$ 26,029
Variable Rate	514,262	523,483
Total	535,421	549,512
Standby letters of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fixed Rate	4,498	11,090
Variable Rate	5,650	5,409
Total	10,148	16,499
Commitments to purchase loans
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fixed Rate	0	0
Variable Rate	95,999	108,423
Total	95,999	108,423
Mortgage warehouse commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fixed Rate	0	0
Variable Rate	903,443	823,060
Total	$ 903,443	$ 823,060

Off-Balance Sheet Loan Commit_4

Off-Balance Sheet Loan Commitments - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Other Noninterest Expense
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Credit loss expense (benefit)	$ (736)	$ (1,214)
Other Liabilities
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Allowance for credit losses on off-balance sheet credit exposure	$ 3,347		$ 4,082

Fair Value Disclosures - Assets

Fair Value Disclosures - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Assets measured at fair value on a recurring basis
Securities available for sale	$ 191,440	$ 182,426
Securities - equity investments	5,085	5,504
Indemnification asset	4,582	4,786
Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	191,440	182,426
Loans held for sale	607	7,330
Indemnification asset	4,582	4,786
Fair Value, Measurements, Recurring | Interest rate swaps
Assets measured at fair value on a recurring basis
Interest rate swap		6,164
Mutual fund
Assets measured at fair value on a recurring basis
Securities - equity investments	5,085	5,504
Mutual fund | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities - equity investments	5,085	5,504
Mortgage-backed securities, residential
Assets measured at fair value on a recurring basis
Securities available for sale	43,840	37,449
Mortgage-backed securities, residential | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	43,840	37,449
Asset-backed securities
Assets measured at fair value on a recurring basis
Securities available for sale	6,649	6,764
Asset-backed securities | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	6,649	6,764
State and municipal
Assets measured at fair value on a recurring basis
Securities available for sale	15,333	26,825
State and municipal | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	15,333	26,825
CLO securities
Assets measured at fair value on a recurring basis
Securities available for sale	121,073	106,634
CLO securities | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	121,073	106,634
Corporate bonds
Assets measured at fair value on a recurring basis
Securities available for sale	2,017	2,056
Corporate bonds | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	2,017	2,056
SBA pooled securities
Assets measured at fair value on a recurring basis
Securities available for sale	2,528	2,698
SBA pooled securities | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	2,528	2,698
Level 1 | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	0	0
Loans held for sale	0	0
Indemnification asset	0	0
Level 1 | Fair Value, Measurements, Recurring | Interest rate swaps
Assets measured at fair value on a recurring basis
Interest rate swap		0
Level 1 | Mutual fund | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities - equity investments	5,085	5,504
Level 1 | Mortgage-backed securities, residential | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	0	0
Level 1 | Asset-backed securities | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	0	0
Level 1 | State and municipal | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	0	0
Level 1 | CLO securities | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	0	0
Level 1 | Corporate bonds | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	0	0
Level 1 | SBA pooled securities | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	0	0
Level 2 | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	191,440	182,426
Loans held for sale	607	7,330
Indemnification asset	0	0
Level 2 | Fair Value, Measurements, Recurring | Interest rate swaps
Assets measured at fair value on a recurring basis
Interest rate swap		6,164
Level 2 | Mutual fund | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities - equity investments	0	0
Level 2 | Mortgage-backed securities, residential | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	43,840	37,449
Level 2 | Asset-backed securities | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	6,649	6,764
Level 2 | State and municipal | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	15,333	26,825
Level 2 | CLO securities | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	121,073	106,634
Level 2 | Corporate bonds | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	2,017	2,056
Level 2 | SBA pooled securities | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	2,528	2,698
Level 3 | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	0	0
Loans held for sale	0	0
Indemnification asset	4,582	4,786
Level 3 | Fair Value, Measurements, Recurring | Interest rate swaps
Assets measured at fair value on a recurring basis
Interest rate swap		0
Level 3 | Mutual fund | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities - equity investments	0	0
Level 3 | Mortgage-backed securities, residential | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	0	0
Level 3 | Asset-backed securities | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	0	0
Level 3 | State and municipal | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	0	0
Level 3 | CLO securities | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	0	0
Level 3 | Corporate bonds | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	0	0
Level 3 | SBA pooled securities | Fair Value, Measurements, Recurring
Assets measured at fair value on a recurring basis
Securities available for sale	$ 0	$ 0

Fair Value Disclosures - Additi

Fair Value Disclosures - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Indemnification asset, expected cash payments to be received	$ 4,823	$ 5,038
Discount rate	5.00%	5.00%
Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Selling and closing costs for loans as a percentage of appraised value	5.00%
Real estate selling and closing costs, percentage of appraised value	5.00%
Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Selling and closing costs for loans as a percentage of appraised value	8.00%
Real estate selling and closing costs, percentage of appraised value	8.00%

Fair Value Disclosures - Reconc

Fair Value Disclosures - Reconciliation of Opening Balance to Closing Balance of Fair Value of Contingent Consideration (Details) - Level 3 - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 4,786	$ 36,225
Indemnification asset recognized in business combination	0	0
Change in fair value of indemnification asset recognized in earnings	(204)	4,654
Indemnification reduction	0	(35,633)
Ending balance	$ 4,582	$ 5,246

Fair Value Disclosures - Fair V

Fair Value Disclosures - Fair Value of Assets Measured on Non-recurring Basis (Details) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	$ 42,446	$ 33,216
Collateral dependent loans | Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	333	366
Collateral dependent loans | 1-4 family residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	67	61
Collateral dependent loans | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	2,387	2,435
Collateral dependent loans | Factored receivables
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	39,349	30,224
Collateral dependent loans | Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	59	60
Other real estate owned | Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		7
Other real estate owned | Construction, land development, land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		63
Other real estate owned | 1-4 family residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	135
Other real estate owned | Farmland
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	116
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Level 1 | Collateral dependent loans | Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Level 1 | Collateral dependent loans | 1-4 family residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Level 1 | Collateral dependent loans | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Level 1 | Collateral dependent loans | Factored receivables
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Level 1 | Collateral dependent loans | Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Level 1 | Other real estate owned | Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		0
Level 1 | Other real estate owned | Construction, land development, land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		0
Level 1 | Other real estate owned | 1-4 family residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0
Level 1 | Other real estate owned | Farmland
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Level 2 | Collateral dependent loans | Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Level 2 | Collateral dependent loans | 1-4 family residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Level 2 | Collateral dependent loans | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Level 2 | Collateral dependent loans | Factored receivables
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Level 2 | Collateral dependent loans | Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Level 2 | Other real estate owned | Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		0
Level 2 | Other real estate owned | Construction, land development, land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		0
Level 2 | Other real estate owned | 1-4 family residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0
Level 2 | Other real estate owned | Farmland
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	42,446	33,216
Level 3 | Collateral dependent loans | Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	333	366
Level 3 | Collateral dependent loans | 1-4 family residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	67	61
Level 3 | Collateral dependent loans | Commercial
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	2,387	2,435
Level 3 | Collateral dependent loans | Factored receivables
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	39,349	30,224
Level 3 | Collateral dependent loans | Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	59	60
Level 3 | Other real estate owned | Commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		7
Level 3 | Other real estate owned | Construction, land development, land
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring		$ 63
Level 3 | Other real estate owned | 1-4 family residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	135
Level 3 | Other real estate owned | Farmland
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	$ 116

Fair Value Disclosures - Estima

Fair Value Disclosures - Estimated Fair Value of Company's Financial Assets and Financial Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Financial assets:
Cash and cash equivalents, carrying amount	$ 413,704	$ 383,178
Securities - held to maturity, carrying amount	4,404	4,947
Loans not previously presented carrying amount	4,921,871	4,834,426
FHLB and other restricted stock, carrying amount	12,196	10,146
Accrued interest receivable, carrying amount	12,802	15,319
Cash and cash equivalents, fair value	413,704	383,178
Securities - held to maturity, fair value	5,727	5,447
Loans not previously presented, fair value	4,879,729	4,828,020
Accrued interest receivable, fair value	12,802	15,319
Financial liabilities:
Deposits, including deposits held-for-sale, carrying amount	4,709,484	4,646,679
Customer repurchase agreements, carrying amount	2,868	2,103
Federal Home Loan Bank advances, carrying amount	230,000	180,000
Paycheck Protection Program Liquidity Facility	0	27,144
Subordinated notes, carrying amount	107,169	106,957
Junior subordinated debentures	40,737	40,602
Accrued interest payable, carrying amount	1,545	1,951
Deposits, fair value	4,705,096	4,646,552
Customer repurchase agreements, fair value	2,868	2,103
Federal Home Loan Bank advances, fair value	230,000	180,000
Paycheck Protection Program Liquidity Facility, fair value		27,144
Subordinated notes, fair value	110,264	110,045
Junior subordinated debentures, fair value	41,941	41,286
Accrued interest payable, fair value	1,545	1,951
Level 1
Financial assets:
Cash and cash equivalents, fair value	413,704	383,178
Securities - held to maturity, fair value	0	0
Loans not previously presented, fair value	170,053	142,962
Accrued interest receivable, fair value	12,802	15,319
Financial liabilities:
Deposits, fair value	0	0
Customer repurchase agreements, fair value	0	0
Federal Home Loan Bank advances, fair value	0	0
Paycheck Protection Program Liquidity Facility, fair value		0
Subordinated notes, fair value	0	0
Junior subordinated debentures, fair value	0	0
Accrued interest payable, fair value	1,545	1,951
Level 2
Financial assets:
Cash and cash equivalents, fair value	0	0
Securities - held to maturity, fair value	0	0
Loans not previously presented, fair value	0	0
Accrued interest receivable, fair value	0	0
Financial liabilities:
Deposits, fair value	4,705,096	4,646,552
Customer repurchase agreements, fair value	2,868	2,103
Federal Home Loan Bank advances, fair value	230,000	180,000
Paycheck Protection Program Liquidity Facility, fair value		27,144
Subordinated notes, fair value	110,264	110,045
Junior subordinated debentures, fair value	41,941	41,286
Accrued interest payable, fair value	0	0
Level 3
Financial assets:
Cash and cash equivalents, fair value	0	0
Securities - held to maturity, fair value	5,727	5,447
Loans not previously presented, fair value	4,709,676	4,685,058
Accrued interest receivable, fair value	0	0
Financial liabilities:
Deposits, fair value	0	0
Customer repurchase agreements, fair value	0	0
Federal Home Loan Bank advances, fair value	0	0
Paycheck Protection Program Liquidity Facility, fair value		0
Subordinated notes, fair value	0	0
Junior subordinated debentures, fair value	0	0
Accrued interest payable, fair value	$ 0	$ 0

Regulatory Matters - Schedule o

Regulatory Matters - Schedule of Actual Capital Amounts and Ratios (Details) $ in Thousands	Mar. 31, 2022USD ($)	Dec. 31, 2021USD ($)
Triumph Bancorp, Inc.
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital (to Risk Weighted Assets) Actual Amount	$ 801,378	$ 769,475
Total Capital (to Risk Weighted Assets) Actual Ratio	0.145	0.141
Total Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Amount	$ 442,140	$ 440,087
Total Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Ratio	0.080	0.080
Tier 1 Capital (to Risk Weighted Assets) Actual Amount	$ 659,409	$ 628,094
Tier 1 Capital (to Risk Weighted Assets) Actual Ratio	0.120	0.115
Tier 1 Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Amount	$ 329,705	$ 329,196
Tier 1 Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Ratio	0.060	0.060
Common Equity Tier 1 Capital (to Risk Weighted Assets) Actual Amount	$ 573,672	$ 542,492
Common Equity Tier 1 Capital (to Risk Weighted Assets) Actual Ratio	0.104	0.099
Common Equity Tier 1 Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Amount	$ 248,223	$ 248,254
Banking Regulation, Common Equity Tier One Risk-Based Capital Ratio, Capital Adequacy, Minimum	0.045	0.045
Tier 1 Capital (to Average Assets) Actual Amount	$ 659,409	$ 628,094
Tier 1 Capital (to Average Assets) Actual Ratio	0.118	0.111
Tier 1 Capital (to Average Assets) Minimum for Capital Adequacy Purposes Amount	$ 223,528	$ 215,400
Tier 1 Capital (to Average Assets) Minimum for Capital Adequacy Purposes Ratio	0.040	0.040
TBK Bank, SSB
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital (to Risk Weighted Assets) Actual Amount	$ 732,784	$ 698,286
Total Capital (to Risk Weighted Assets) Actual Ratio	0.134	0.129
Total Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Amount	$ 437,483	$ 431,973
Total Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Ratio	0.080	0.080
Total Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 546,854	$ 539,966
Total Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	0.100	0.100
Tier 1 Capital (to Risk Weighted Assets) Actual Amount	$ 699,978	$ 665,336
Tier 1 Capital (to Risk Weighted Assets) Actual Ratio	0.128	0.123
Tier 1 Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Amount	$ 328,115	$ 323,223
Tier 1 Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Ratio	0.060	0.060
Tier 1 Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 437,486	$ 430,964
Tier 1 Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	0.080	0.080
Common Equity Tier 1 Capital (to Risk Weighted Assets) Actual Amount	$ 699,978	$ 665,336
Common Equity Tier 1 Capital (to Risk Weighted Assets) Actual Ratio	0.128	0.123
Common Equity Tier 1 Capital (to Risk Weighted Assets) Minimum for Capital Adequacy Purposes Amount	$ 246,086	$ 242,417
Banking Regulation, Common Equity Tier One Risk-Based Capital Ratio, Capital Adequacy, Minimum	0.045	0.045
Common Equity Tier 1 Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 355,458	$ 350,158
Banking Regulation, Common Equity Tier One Risk-Based Capital Ratio, Well Capitalized, Minimum	0.065	0.065
Tier 1 Capital (to Average Assets) Actual Amount	$ 699,978	$ 665,336
Tier 1 Capital (to Average Assets) Actual Ratio	0.126	0.118
Tier 1 Capital (to Average Assets) Minimum for Capital Adequacy Purposes Amount	$ 222,215	$ 215,482
Tier 1 Capital (to Average Assets) Minimum for Capital Adequacy Purposes Ratio	0.040	0.040
Tier 1 Capital (to Average Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 277,769	$ 269,353
Tier 1 Capital (to Average Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	0.050	0.050

Stockholders' Equity - Summary

Stockholders' Equity - Summary of Capital Structure (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Class of Stock [Line Items]
Shares authorized (in shares)	50,000,000	50,000,000
Shares issued (in shares)	28,279,788	28,261,680
Treasury shares (in shares)	(3,118,098)	(3,102,801)
Shares outstanding (in shares)	25,161,690	25,158,879
Par value per share (in dollars per share)	$ 0.01	$ 0.01
Preferred Stock Series C
Class of Stock [Line Items]
Shares authorized (in shares)	51,750	51,750
Shares issued (in shares)	45,000	45,000
Shares outstanding (in shares)	45,000	45,000
Par value per share (in dollars per shares)	$ 0.01	$ 0.01
Liquidation preference per share (in dollars per shares)	$ 1,000	$ 1,000
Liquidation preference amount	$ 45,000,000	$ 45,000,000
Dividend rate	7.125%	7.125%

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Feb. 07, 2022
Class of Stock [Line Items]
Shares repurchased value and held into treasury stock	$ 1,316
Share repurchase program
Class of Stock [Line Items]
Amount authorized under stock repurchase program			$ 50,000
Shares repurchased and held into treasury stock (in shares)	14,810	0
Treasury stock acquired, average cost per share	$ 88.81
Shares repurchased value and held into treasury stock	$ 1,316

Stock Based Compensation - Addi

Stock Based Compensation - Additional Information (Details) - USD ($)	Apr. 01, 2019	Mar. 31, 2022	Mar. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation		$ 4,952,000	$ 1,350,000
Shares issued under ESPP during period (in shares)		10,585	0
2014 Omnibus Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares approved for issuance (in shares)		2,450,000
2014 Omnibus Incentive Plan | Restricted Stock Awards (RSAs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost		$ 10,989,000
Remaining period to recognize cost		3 years
2014 Omnibus Incentive Plan | Restricted Stock Awards (RSAs) | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, award vesting period		3 years
2014 Omnibus Incentive Plan | Restricted Stock Awards (RSAs) | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, award vesting period		4 years
2014 Omnibus Incentive Plan | Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost		$ 3,706,000
Remaining period to recognize cost		2 years 11 months 23 days
2014 Omnibus Incentive Plan | Restricted stock units | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, award vesting period		4 years
2014 Omnibus Incentive Plan | Restricted stock units | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, award vesting period		5 years
2014 Omnibus Incentive Plan | Performance stock units - market based
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost		$ 1,429,000
Remaining period to recognize cost		1 year 7 months 20 days
2014 Omnibus Incentive Plan | Performance stock units - market based | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, award vesting period		3 years
Stock based compensation, award vesting percentage		0.00%
2014 Omnibus Incentive Plan | Performance stock units - market based | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, award vesting period		5 years
Stock based compensation, award vesting percentage		175.00%
2014 Omnibus Incentive Plan | Performance Based Performance Stock Units (Performance Based PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation		$ 807,000	$ 0
Stock based compensation, award vesting period		3 years
Remaining period to recognize cost		9 months
2014 Omnibus Incentive Plan | Performance Based Performance Stock Units (Performance Based PSUs) | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, award vesting percentage		0.00%
2014 Omnibus Incentive Plan | Performance Based Performance Stock Units (Performance Based PSUs) | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, award vesting percentage		200.00%
Total unrecognized compensation cost		$ 12,136,000
2014 Omnibus Incentive Plan | Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation, award vesting period		4 years
Remaining period to recognize cost		2 years 10 months 2 days
Total unrecognized compensation cost		$ 297,000
Employees stock options contractual terms		10 years
2019 Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for issuance (in shares)	2,500,000
Purchase price of common stock, percentage	85.00%

Stock Based Compensation - Summ

Stock Based Compensation - Summary of Changes in Company's Nonvested Restricted Stock Awards (Details) - Restricted Stock Awards (RSAs)	3 Months Ended
	Mar. 31, 2022$ / sharesshares
Shares
Nonvested Shares, Beginning balance (in shares) | shares	363,404
Nonvested Shares, Granted (in shares) | shares	5,502
Nonvested Shares, Vested (in shares) | shares	(5,502)
Nonvested Shares, Forfeited (in shares) | shares	(487)
Nonvested Shares, Ending balance (in shares) | shares	362,917
Weighted-Average Grant-Date Fair Value
Weighted-Average Grant-Date Fair Value, Nonvested, Beginning balance (in dollars per share) | $ / shares	$ 67.56
Weighted-Average Grant-Date Fair Value, Nonvested, Granted (in dollars per share) | $ / shares	87.63
Weighted-Average Grant-Date Fair Value, Nonvested, Vested (in dollars per share) | $ / shares	87.63
Weighted-Average Grant-Date Fair Value, Nonvested, Forfeited (in dollars per share) | $ / shares	49.69
Weighted-Average Grant-Date Fair Value, Nonvested, Ending balance (in dollars per share) | $ / shares	$ 67.59

Stock Based Compensation - Su_2

Stock Based Compensation - Summary of Changes in Company's Nonvested Restricted Stock Units (Details) - Restricted stock units	3 Months Ended
	Mar. 31, 2022$ / sharesshares
Shares
Nonvested Shares, Beginning balance (in shares) | shares	122,470
Nonvested Shares, Granted (in shares) | shares	0
Nonvested Shares, Vested (in shares) | shares	0
Nonvested Shares, Forfeited (in shares) | shares	0
Nonvested Shares, Ending balance (in shares) | shares	122,470
Weighted-Average Grant-Date Fair Value
Weighted-Average Grant-Date Fair Value, Nonvested, Beginning balance (in dollars per share) | $ / shares	$ 52.07
Weighted-Average Grant-Date Fair Value, Nonvested, Granted (in dollars per share) | $ / shares	0
Weighted-Average Grant-Date Fair Value, Nonvested, Vested (in dollars per share) | $ / shares	0
Weighted-Average Grant-Date Fair Value, Nonvested, Forfeited (in dollars per share) | $ / shares	0
Weighted-Average Grant-Date Fair Value, Nonvested, Ending balance (in dollars per share) | $ / shares	$ 52.07

Stock Based Compensation - Su_3

Stock Based Compensation - Summary of Changes in Company's Nonvested Market Based Performance Stock Units (Details) - Performance stock units - market based	3 Months Ended
	Mar. 31, 2022$ / sharesshares
Shares
Nonvested Shares, Beginning balance (in shares) | shares	94,984
Nonvested Shares, Granted (in shares) | shares	0
Nonvested Shares, Vested (in shares) | shares	0
Nonvested Shares, Forfeited (in shares) | shares	0
Nonvested Shares, Ending balance (in shares) | shares	94,984
Weighted-Average Grant-Date Fair Value
Weighted-Average Grant-Date Fair Value, Nonvested, Beginning balance (in dollars per share) | $ / shares	$ 43.68
Weighted-Average Grant-Date Fair Value, Nonvested, Granted (in dollars per share) | $ / shares	0
Weighted-Average Grant-Date Fair Value, Nonvested, Vested (in dollars per share) | $ / shares	0
Weighted-Average Grant-Date Fair Value, Nonvested, Forfeited (in dollars per share) | $ / shares	0
Weighted-Average Grant-Date Fair Value, Nonvested, Ending balance (in dollars per share) | $ / shares	$ 43.68

Stock Based Compensation - Su_4

Stock Based Compensation - Summary of Changes in Company's Nonvested Performance Based Performance Stock Units (Details) - Performance Based Performance Stock Units (Performance Based PSUs)	3 Months Ended
	Mar. 31, 2022$ / sharesshares
Shares
Nonvested Shares, Beginning balance (in shares) | shares	259,383
Nonvested Shares, Granted (in shares) | shares	0
Nonvested Shares, Vested (in shares) | shares	0
Nonvested Shares, Forfeited (in shares) | shares	(748)
Nonvested Shares, Ending balance (in shares) | shares	258,635
Weighted-Average Grant-Date Fair Value
Weighted-Average Grant-Date Fair Value, Nonvested, Beginning balance (in dollars per share) | $ / shares	$ 39.32
Weighted-Average Grant-Date Fair Value, Nonvested, Granted (in dollars per share) | $ / shares	0
Weighted-Average Grant-Date Fair Value, Nonvested, Vested (in dollars per share) | $ / shares	0
Weighted-Average Grant-Date Fair Value, Nonvested, Forfeited (in dollars per share) | $ / shares	32.50
Weighted-Average Grant-Date Fair Value, Nonvested, Ending balance (in dollars per share) | $ / shares	$ 39.34

Stock Based Compensation - Su_5

Stock Based Compensation - Summary of Changes in Company's Stock Options (Details) - Stock options $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2022USD ($)$ / sharesshares
Shares
Stock Options, Beginning Balance (in shares) | shares	166,755
Stock Options, Granted (in shares) | shares	0
Stock Options, Exercised (in shares) | shares	(3,703)
Stock Options, Forfeited or expired (in shares) | shares	0
Stock Options, Ending Balance (in shares) | shares	163,052
Stock Options, Fully vested shares and shares expected (in shares) | shares	163,052
Stock Options, Shares exercisable (in shares) | shares	100,291
Weighted-Average Exercise Price
Weighted-Average Exercise Price, Beginning Balance (in dollars per share) | $ / shares	$ 33.34
Weighted-Average Exercise Price, Granted (in dollars per share) | $ / shares	0
Weighted-Average Exercise Price, Exercised (in dollars per share) | $ / shares	25.80
Weighted-Average Exercise Price, Forfeited or expired (in dollars per share) | $ / shares	0
Weighted-Average Exercise Price, Ending Balance (in dollars per share) | $ / shares	33.52
Weighted-Average Exercise Price, Fully vested shares and shares expected to vest (in dollars per share) | $ / shares	33.52
Weighted-Average Exercise Price, Shares exercisable (in dollars per share) | $ / shares	$ 25.64
Weighted-Average Remaining Contractual Term (In Years)
Weighted-Average Remaining Contractual Term, Outstanding	6 years 2 months 15 days
Weighted-Average Remaining Contractual Term, Fully vested shares and shares expected to vest	6 years 2 months 15 days
Weighted-Average Remaining Contractual Term, Shares exercisable	5 years 2 months 8 days
Aggregate Intrinsic Value (In Thousands)
Aggregate Intrinsic Value, Outstanding | $	$ 9,865
Aggregate Intrinsic Value, Fully vested shares and shares expected to vest | $	9,865
Aggregate Intrinsic Value, Shares exercisable | $	$ 6,858

Stock Based Compensation - Sche

Stock Based Compensation - Schedule of Information Related to Stock Options (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash received from option exercises	$ (74)	$ 191
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate intrinsic value of options exercised	277	577
Cash received from option exercises	0	191
Tax benefit realized from option exercises	$ 58	$ 121
Weighted average fair value per share of options granted (in dollars per share)	$ 0	$ 0

Earnings Per Share - Factors Us

Earnings Per Share - Factors Used in Computation of Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Basic
Net income to common stockholders	$ 23,528	$ 33,122
Weighted average common shares outstanding (in shares)	24,800,771	24,675,109
Basic earnings per common share (in dollars per share)	$ 0.95	$ 1.34
Diluted
Net income to common stockholders	$ 23,528	$ 33,122
Weighted average common shares outstanding (in shares)	24,800,771	24,675,109
Dilutive effects of:
Average shares and dilutive potential common shares (in shares)	25,371,868	25,170,938
Diluted earnings per common share (in dollars per share)	$ 0.93	$ 1.32
Stock options
Dilutive effects of:
Stock based compensation (in shares)	107,359	130,016
Restricted stock awards
Dilutive effects of:
Stock based compensation (in shares)	237,305	169,514
Restricted stock units
Dilutive effects of:
Stock based compensation (in shares)	86,099	66,714
Performance stock units - market based
Dilutive effects of:
Stock based compensation (in shares)	139,563	128,167
Performance stock units - performance based
Dilutive effects of:
Stock based compensation (in shares)	0	0
Employee stock purchase program
Dilutive effects of:
Stock based compensation (in shares)	771	1,418

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Shares not Considered in Computing Diluted Earnings per Common Share (Details) - shares	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	12,911	0
Restricted stock awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	8,463	0
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	15,000	0
Performance stock units - market based
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	0	0
Performance stock units - performance based
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	258,635	256,625
Employee stock purchase program
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares (in shares)	0	0

Revenue From Contracts With C_2

Revenue From Contracts With Customers (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Fee income
Disaggregation of Revenue [Line Items]
Revenue	$ 5,703	$ 2,249
Payments Segment
Disaggregation of Revenue [Line Items]
Transactional payment and audit fees	$ 3,229
Payments | Fee income
Disaggregation of Revenue [Line Items]
Revenue		$ 82

Business Segment Information -

Business Segment Information - Banking Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Total interest income	$ 103,435	$ 88,353
Intersegment interest allocations	0	0
Total interest expense	3,356	5,333
Net interest income	100,079	83,020
Credit loss expense (benefit)	501	(7,845)
Net interest income after credit loss expense (benefit)	99,578	90,865
Noninterest income	11,121	14,291
Noninterest expense	78,564	60,892
Operating income (loss)	32,135	44,264
Total assets	6,076,434		$ 5,956,250
Gross loans	4,724,078		4,867,572
Operating Segments | Banking
Segment Reporting Information [Line Items]
Total interest income	42,183	50,556
Total interest expense	1,603	3,542
Net interest income	42,437	49,956
Credit loss expense (benefit)	(2,870)	(12,453)
Net interest income after credit loss expense (benefit)	45,307	62,409
Noninterest income	5,995	7,750
Noninterest expense	41,708	39,454
Operating income (loss)	9,594	30,705
Total assets	5,684,223		5,568,826
Gross loans	4,268,718		4,444,136
Operating Segments | Factoring
Segment Reporting Information [Line Items]
Total interest income	56,374	35,824
Total interest expense	0	0
Net interest income	54,599	33,049
Credit loss expense (benefit)	1,949	4,483
Net interest income after credit loss expense (benefit)	52,650	28,566
Noninterest income	1,871	6,411
Noninterest expense	21,389	16,153
Operating income (loss)	33,132	18,824
Total assets	1,748,970		1,679,495
Gross loans	1,585,711		1,546,361
Operating Segments | Payments
Segment Reporting Information [Line Items]
Total interest income	4,832	1,969
Total interest expense	0	0
Net interest income	4,750	1,802
Credit loss expense (benefit)	354	292
Net interest income after credit loss expense (benefit)	4,396	1,510
Noninterest income	3,242	73
Noninterest expense	14,333	4,135
Operating income (loss)	(6,695)	(2,552)
Total assets	276,010		293,212
Gross loans	178,879		153,176
Operating Segments | Corporate
Segment Reporting Information [Line Items]
Total interest income	46	4
Total interest expense	1,753	1,791
Net interest income	(1,707)	(1,787)
Credit loss expense (benefit)	1,068	(167)
Net interest income after credit loss expense (benefit)	(2,775)	(1,620)
Noninterest income	13	57
Noninterest expense	1,134	1,150
Operating income (loss)	(3,896)	(2,713)
Total assets	1,036,818		1,009,998
Gross loans	0		700
Eliminations
Segment Reporting Information [Line Items]
Total assets	(2,669,587)		(2,595,281)
Gross loans	(1,309,230)		$ (1,276,801)
Eliminations | Banking
Segment Reporting Information [Line Items]
Intersegment interest allocations	1,857	2,942
Eliminations | Factoring
Segment Reporting Information [Line Items]
Intersegment interest allocations	(1,775)	(2,775)
Eliminations | Payments
Segment Reporting Information [Line Items]
Intersegment interest allocations	(82)	(167)
Eliminations | Corporate
Segment Reporting Information [Line Items]
Intersegment interest allocations	$ 0	$ 0