v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 18,426 $ 15,524
Interest-bearing deposits in banks 734,136 938,534
Total cash and cash equivalents 752,562 954,058
Restricted cash 21,759 23,338
Securities available for sale at fair value ($3,565,829 and $3,492,264 at amortized cost, respectively) 3,527,142 3,452,648
Loans held for sale at fair value 1,008,168 636,352
Loans and leases held for investment 4,386,321 4,125,818
Allowance for loan and lease losses (252,989) (236,734)
Loans and leases held for investment, net 4,133,332 3,889,084
Loans held for investment at fair value 631,736 1,027,798
Property, equipment and software, net 246,284 167,532
Goodwill 75,717 75,717
Other assets 378,633 403,982
Total assets 10,775,333 10,630,509
Deposits:    
Interest-bearing 8,785,727 8,676,119
Noninterest-bearing 350,397 392,118
Total deposits 9,136,124 9,068,237
Other liabilities 233,174 220,541
Total liabilities 9,369,298 9,288,778
Equity    
Common stock, $0.01 par value; 180,000,000 shares authorized; 114,740,147 and 113,383,917 shares issued and outstanding, respectively 1,147 1,134
Additional paid-in capital 1,718,520 1,702,316
Accumulated deficit (287,627) (337,476)
Accumulated other comprehensive loss (26,005) (24,243)
Total equity 1,406,035 1,341,731
Total liabilities and equity $ 10,775,333 $ 10,630,509