v3.25.2
Segment Information, As Restated (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue    
Interest expense $ 22,609 $ 22,556
Net interest income 24,283 20,999
Gain on sale of loans 887 1,078
Expenses    
Provision for credit losses 1,598 1,090
Salaries and employee benefits 9,075 9,218
Depreciation expense 564 551
Income before income taxes 10,791 6,502
Income taxes 3,056 1,817
Net income $ 7,735 $ 4,685
Earnings per share, diluted (in dollars per share) $ 0.53 $ 0.33
Reportable Segment    
Revenue    
Interest income $ 46,892 $ 43,555
Interest expense 22,609 22,556
Net interest income 24,283 20,999
Gain on sale of loans 887 1,078
Other income 1,693 1,867
Total revenue, net of interest expense 26,863 23,944
Expenses    
Provision for credit losses 1,598 1,090
Salaries and employee benefits 9,075 9,218
Premises expense 1,725 1,807
Depreciation expense 564 551
Other expense 3,110 4,776
Total expense 16,072 17,442
Income before income taxes 10,791 6,502
Income taxes 3,056 1,817
Net income $ 7,735 $ 4,685
Earnings per share, diluted (in dollars per share) $ 0.53 $ 0.33
Return on average assets 1.01% 0.67%
Return on average shareholders’ equity 8.53% 5.39%
Net interest margin 0.0328 0.0310
Loans held-for-investment growth percentage 0.037 0.032
Total deposits growth percentage 0.038 0.022
Tier 1 leverage ratio (consolidated) 0.1214 0.1273
ACL on loans to loans held-for-investment 0.0117 0.0118