Loans and Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2025

The composition of the loan portfolio is as follows as of the periods indicated:


	June 30,		December 31,
	2025		2024
	(dollars in thousands; unaudited)
Community Bank
Commercial and industrial loans	$	149,926	$	150,395
Real estate loans:
Construction, land and land development loans	194,150		148,198
Residential real estate loans	198,844		202,064
Commercial real estate loans	1,310,882		1,374,801
Consumer and other loans:
Other consumer and other loans	12,230		13,542
Gross Community Bank loans receivable	1,866,032		1,889,000
CCBX
Commercial and industrial loans:
Capital call lines	$	199,675	$	109,017
All other commercial & industrial loans	26,142		33,961
Real estate loans:
Residential real estate loans	234,786		267,707
Consumer and other loans:
Credit cards	533,925		528,554
Other consumer and other loans	686,321		664,780
Gross CCBX loans receivable	1,680,849		1,604,019
Total gross loans receivable	3,546,881		3,493,019
Net deferred origination fees and premiums	(6,551)		(6,454)
Loans receivable	$	3,540,330	$	3,486,565

The following chart breaks out our consumer loan portfolio by segment and type of loan as of June 30, 2025. The largest portion of our consumer portfolio is comprised of CCBX installment loans and credit card loans. These loans are further divided to show the total secured and unsecured amounts in each of these categories. The average overall outstanding consumer loan balance is small at $895.


(dollars in thousands; unaudited)	Outstanding Balance		% of Total Outstanding Balance Consumer Loans		Average Loan Balance		Number of Loans
CCBX consumer loans
Installment loans - cash secured	$	128,861	10.5	%
Installment loans - unsecured	542,228		43.9
Installment loans - total	671,089		54.4		$	0.8	796,927
Credit cards - cash secured	364		0.0
Credit cards - unsecured	533,561		43.3
Credit cards - total	533,925		43.3		1.6		337,749
Lines of credit	676		0.1		0.9		715
Other loans	14,556		1.2		0.1		240,653
Community bank consumer loans
Lines of credit	178		0.0		5.7		31
Installment loans	738		0.1		30.8		24
Other loans	11,314		0.9		32.6		347
Total	$	1,232,476	100.0	%	$	0.9	1,376,446

The following chart breaks out our consumer loan portfolio by segment and type of loan as of December 31, 2024. The largest portion of our consumer portfolio is comprised of CCBX installment loans and credit card loans. These loans are further divided to show the total secured and unsecured amounts in each of these categories. The average overall outstanding consumer loan balance is small at $1,044.


(dollars in thousands; unaudited)	Outstanding Balance		% of Total Outstanding Balance Consumer Loans		Average Loan Balance		Number of Loans
CCBX consumer loans
Installment loans - cash secured	$	127,014	10.5	%
Installment loans - unsecured	529,783		43.9
Installment loans - total	656,797		54.4		$	1.0	690,596
Credit cards - cash secured	211		0.0
Credit cards - unsecured	528,343		43.8
Credit cards - total	528,554		43.8		1.8		301,799
Lines of credit	722		0.1		1.4		524
Other loans	7,261		0.6		—		163,026
Community bank consumer loans
Lines of credit	181		0.0		5.7		32
Installment loans	1,917		0.2		68.5		28
Other loans	11,444		0.9		30.6		374
Total	$	1,206,876	100.0	%	$	1.0	1,156,379

Summary of an Age Analysis of Past Due Loans

The following table illustrates an age analysis of past due loans as of the dates indicated:


	30-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total Loans		90 Days or More Past Due and Still Accruing
	(dollars in thousands; unaudited)
June 30, 2025
Community Bank
Commercial and industrial loans	$	1,977	$	93	$	2,070	$	147,856	$	149,926	$	—
Real estate loans:
Construction, land and land development	—		1,697		1,697		192,453		194,150		—
Residential real estate	—		—		—		198,844		198,844		—
Commercial real estate	453		—		453		1,310,429		1,310,882		—
Consumer and other loans	17		—		17		12,213		12,230		—
Total community bank	$	2,447	$	1,790	$	4,237	$	1,861,795	$	1,866,032	$	—
CCBX
Commercial and industrial loans:
Capital call lines	$	—	$	—	$	—	$	199,675	$	199,675	$	—
All other commercial & industrial loans	1,600		926		2,526		23,616		26,142		926
Real estate loans:
Residential real estate loans	3,133		1,817		4,950		$	229,836	$	234,786	1,817
Consumer and other loans:
Credit cards	22,448		27,366		49,814		$	484,111	$	533,925	23,116
Other consumer and other loans	25,049		6,808		31,857		654,464		686,321		6,775
Total CCBX	$	52,230	$	36,917	$	89,147	$	1,591,702	$	1,680,849	$	32,634
Total Consolidated	$	54,677	$	38,707	$	93,384	$	3,453,497	3,546,881		$	32,634
Less net deferred origination fees and premiums									(6,551)
Loans receivable									$	3,540,330


	30-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total Loans		90 Days or More Past Due and Still Accruing
	(dollars in thousands; unaudited)
December 31, 2024
Community Bank
Commercial and industrial loans	$	97	$	—	$	97	$	150,298	$	150,395	$	—
Real estate loans:
Construction, land and land development	—		—		—		148,198		148,198		—
Residential real estate	—		—		—		202,064		202,064		—
Commercial real estate	—		—		—		1,374,801		1,374,801		—
Consumer and other loans	7		—		7		13,535		13,542		—
Total community bank	$	104	$	—	$	104	$	1,888,896	$	1,889,000	$	—
CCBX
Commercial and industrial loans:
Capital call lines	$	—	$	—	$	—	$	109,017	$	109,017	$	—
All other commercial & industrial loans	1,950		1,006		2,956		31,005		33,961		1,006
Real estate loans:
Residential real estate loans	3,335		2,608		5,943		$	261,764	$	267,707	$	2,608
Consumer and other loans:
Credit cards	27,652		36,505		64,157		$	464,397	$	528,554	$	34,490
Other consumer and other loans	19,840		5,224		25,064		$	639,716	$	664,780	$	4,989
Total CCBX	52,777		45,343		98,120		1,505,899		1,604,019		43,093
Total Consolidated	52,881		45,343		98,224		3,394,795		3,493,019		43,093
Less net deferred origination fees and premiums									(6,454)
Loans receivable									$	3,486,565

Analysis of Nonaccrual Loans by Category

An analysis of nonaccrual loans by category consisted of the following at the periods indicated:


	June 30,						December 31,
	2025						2024
	Total Nonaccrual		Nonaccrual with No ACL		Nonaccrual with ACL		Total Nonaccrual		Nonaccrual with No ACL		Nonaccrual with ACL
	(dollars in thousands; unaudited)
Community Bank
Commercial and industrial loans	$	2,145	$	2,052	$	93	$	100	$	100	$	—
Real estate loans:
Construction, land and land development	1,697		1,697		—		—		—		—





Total Community Bank nonaccrual loans	$	3,842	$	3,749	$	93	$	100	$	100	$	—
CCBX
Commercial and industrial loans	$	188	$	—	$	188	$	234	$	—	$	234




Consumer and other loans:
Credit cards	20,140		—		20,140		10,262		—		10,262
Consumer and other consumer loans	4,063		—		4,063		8,967		—		8,967
Total CCBX nonaccrual loans	$	24,391	$	—	$	24,391	$	19,463	$	—	$	19,463
Total Consolidated nonaccrual loans	$	28,233	$	3,749	$	24,484	$	19,563	$	100	$	19,463

Financing Receivable, Modified

The following table presents the community bank loan that was both experiencing financial difficulty and was modified during the year by class and by type of modification for the periods indicated with the percentage of community bank loans that were modified to borrowers in financial distress as compared to the total of

each class of community bank loans. Also presented is the financial effect of the loan modification to the borrower experiencing financial difficulty for the year ended as indicated.


								Financial Effect of the Loan Modifications
June 30, 2025		Principal Forgiveness & Interest Rate Reduction		Total		Total Class of Financing Receivable		Principal Forgiveness		Weighted Average Interest Rate Reduction
	(dollars in thousands)
Community Bank
Commercial and industrial loans		$	91	$	91	0.06	%	$	82	9.75	%






Total		$	91	$	91	—	%	$	82	9.75	%



December 31, 2024		Principal Forgiveness & Interest Rate Reduction		Total		Total Class of Financing Receivable		Principal Forgiveness		Weighted Average Interest Rate Reduction
	(dollars in thousands; unaudited)
Community Bank
Commercial and industrial loans		$	101	$	101	0.07	%	$	82	9.75	%






Total		$	101	$	101	0.01	%	$	82	9.75	%

The following table presents the CCBX loans at June 30, 2025 that were both experiencing financial difficulty and were modified during the twelve months prior to June 30, 2025 by class and by type of modification. The percentage of the loans that were modified to borrowers in financial distress as compared to the total CCBX loans of each class is also presented below.


June 30, 2025	Principal Forgiveness		Term Extension		Interest Rate Reduction		Principal Forgiveness & Payment Delay		Total		Total Class of Financing Receivable
	(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	—	$	1,535	$	—	$	149	$	1,684	6.44	%


Consumer and other loans:
Credit cards	14,194		—		34,388		—		48,582		9.10
Other consumer and other loans	—		7,119		—		3,163		10,282		1.50
Total	$	14,194	$	8,654	$	34,388	$	3,312	$	60,548	1.71	%


December 31, 2024	Principal Forgiveness		Term Extension		Interest Rate Reduction		Principal Forgiveness & Payment Delay		Principal Forgiveness, Payment Delay & Term Extension		Total		Total Class of Financing Receivable
	(dollars in thousands)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	—	$	1,790	$	—	$	235	$	—	$	2,025	5.96	%


Consumer and other loans:
Credit cards	11,067		—		17,287		—		—		28,354		5.36
Other consumer and other loans	—		6,873		—		8,645		34		15,552		2.27
Total	$	11,067	$	8,663	$	17,287	$	8,880	$	34	$	45,931	1.32	%

The following table presents the performance of such loans that have been modified in the last 12 months:


June 30, 2025	30-89 Days Past Due		90 Days or More Past Due		Total Past Due
	(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	403	$	144	$	547


Consumer and other loans:
Credit cards	15,498		12,886		28,384
Other consumer and other loans	1,593		576		2,169
Total CCBX	$	17,494	$	13,606	$	31,100


December 31, 2024	30-89 Days Past Due		90 Days or More Past Due		Total Past Due
	(dollars in thousands)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	281	$	139	$	420


Consumer and other loans:
Credit cards	9,436		11,181		20,617
Other consumer and other loans	1,055		388		1,443
Total CCBX	$	10,772	$	11,708	$	22,480

The following table presents the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the preceding 12 months ended June 30, 2025:


June 30, 2025	Principal Forgiveness		Weighted Average Interest Rate Reduction		Weighted Average Term Extension (years)
	(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	60	—	%	1.8


Consumer and other loans:
Credit cards	10,831		15.1		n/a
Other consumer and other loans	4,809		—		2.0
Total CCBX	$	15,700	15.1	%	1.9


December 31, 2024	Principal Forgiveness		Weighted Average Interest Rate Reduction		Weighted Average Term Extension (years)
	(dollars in thousands)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	138	—	%	1.4


Consumer and other loans:
Credit cards	7,938		14.6		n/a
Other consumer and other loans	6,001		—		1.7
Total CCBX	$	14,077	14.6	%	0.8

The following table presents the total of loans that had a payment default during the preceding 12 months ended June 30, 2025 and which were modified for borrowers experiencing financial difficulty in the twelve months prior to that default.


June 30, 2025	Principal Forgiveness		Term Extension		Interest Rate Reduction		Principal Forgiveness & Payment Delay		Total
	(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	—	$	957	$	—	$	—	$	957


Consumer and other loans:
Credit cards	6,186		—		25,289		—		31,475
Other consumer and other loans	—		3,892		—		341		4,233
Total	$	6,186	$	4,849	$	25,289	$	341	$	36,665


December 31, 2024	Principal Forgiveness		Term Extension		Interest Rate Reduction		Principal Forgiveness & Payment Delay		Total
	(dollars in thousands)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	—	$	1,070	$	—	$	77	$	1,147


Consumer and other loans:
Credit cards	10,417		—		12,050		—		22,467
Other consumer and other loans	—		4,184		—		1,715		5,899
Total	$	10,417	$	5,254	$	12,050	$	1,792	$	29,513

Summary of Loans by Credit Quality Risk Rating

The following tables show the risk category of community bank loans by year of origination for the periods indicated, based on the most recent analysis performed as of each period end:


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of June 30, 2025
Commercial and industrial loans
Risk rating
Pass	$	39,115	$	10,020	$	41,508	$	11,372	$	3,900	$	5,841	$	31,011	$	2,857	$	145,624
Other Loan Especially Mentioned	97		17		—		—		1,251		—		792		—		2,157
Substandard	—		—		—		1,961		—		—		184		—		2,145
Doubtful	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans - All other commercial and industrial loans	$	39,212	$	10,037	$	41,508	$	13,333	$	5,151	$	5,841	$	31,987	$	2,857	$	149,926
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of June 30, 2025
Real estate loans - Construction, land and land development loans
Risk rating
Pass	$	79,500	$	81,740	$	22,106	$	2,126	$	742	$	2,055	$	3,518	$	—	$	191,787
Other Loan Especially Mentioned	—		—		—		666		—		—		—		—		666
Substandard	—		—		—		1,697		—		—		—		—		1,697
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Construction, land and land development loans	$	79,500	$	81,740	$	22,106	$	4,489	$	742	$	2,055	$	3,518	$	—	$	194,150
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


Real estate loans - Residential real estate loans
Risk rating
Pass	$	13,465	$	28,398	$	36,027	$	37,915	$	24,061	$	25,907	$	30,548	$	435	$	196,756
Other Loan Especially Mentioned	—		—		—		—		—		—		235		—		235
Substandard	1,853		—		—		—		—		—		—		—		1,853
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Residential real estate loans	$	15,318	$	28,398	$	36,027	$	37,915	$	24,061	$	25,907	$	30,783	$	435	$	198,844
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Real estate loans - Commercial real estate loans
Risk rating
Pass	$	134,993	$	254,389	$	263,092	$	212,818	$	118,643	$	283,605	$	11,032	$	1,804	$	1,280,376
Other Loan Especially Mentioned	15,378		—		8,788		3,469		149		2,722		—		—		30,506
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Commercial real estate loans	$	150,371	$	254,389	$	271,880	$	216,287	$	118,792	$	286,327	$	11,032	$	1,804	$	1,310,882
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of June 30, 2025
Consumer and other loans - Other consumer and other loans
Risk rating
Pass	$	212	$	40	$	8,254	$	—	$	218	$	3,325	$	181	$	—	$	12,230
Other Loan Especially Mentioned	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total consumer and other loans - Other consumer and other loans	$	212	$	40	$	8,254	$	—	$	218	$	3,325	$	181	$	—	$	12,230
Current period gross charge-offs	$	15	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	15

Total community bank loans receivable
Risk rating
Pass	$	267,285	$	374,587	$	370,987	$	264,231	$	147,564	$	320,733	$	76,290	$	5,096	$	1,826,773
Other Loan Especially Mentioned	15,475		17		8,788		4,135		1,400		2,722		1,027		—		33,564
Substandard	1,853		—		—		3,658		—		—		184		—		5,695
Doubtful	—		—		—		—		—		—		—		—		—
Total community bank loans	$	284,613	$	374,604	$	379,775	$	272,024	$	148,964	$	323,455	$	77,501	$	5,096	$	1,866,032
Current period gross charge-offs	$	15	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	15


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2024
Commercial and industrial loans
Risk rating
Pass	$	12,016	$	11,654	$	43,490	$	13,139	$	8,109	$	7,634	$	31,022	$	21,496	$	148,560
Other Loan Especially Mentioned	—		18		—		38		—		—		1,679		—		1,735
Substandard	—		—		—		—		—		—		100		—		100
Doubtful	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans - All other commercial and industrial loans	$	12,016	$	11,672	$	43,490	$	13,177	$	8,109	$	7,634	$	32,801	$	21,496	$	150,395
Current period gross charge-offs	$	—	$	92	$	—	$	—	$	—	$	167	$	—	$	—	$	259

Real estate loans - Construction, land and land development loans
Risk rating
Pass	$	34,089	$	70,297	$	34,937	$	4,501	$	755	$	2,180	$	600	$	—	$	147,359
Other Loan Especially Mentioned	—		160		—		679		—		—		—		—		839
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Construction, land and land development loans	$	34,089	$	70,457	$	34,937	$	5,180	$	755	$	2,180	$	600	$	—	$	148,198
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2024


Real estate loans - Residential real estate loans
Risk rating
Pass	$	13,194	$	30,332	$	37,576	$	37,834	$	25,838	$	27,159	$	26,565	$	15	$	198,513
Other Loan Especially Mentioned	—		—		1,084		—		6		—		180		—		1,270
Substandard	2,281		—		—		—		—		—		—		—		2,281
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Residential real estate loans	$	15,475	$	30,332	$	38,660	$	37,834	$	25,844	$	27,159	$	26,745	$	15	$	202,064
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Real estate loans - Commercial real estate loans
Risk rating
Pass	$	96,199	$	302,470	$	279,902	$	219,503	$	129,904	$	310,251	$	8,982	$	1,657	$	1,348,868
Other Loan Especially Mentioned	15,359		—		3,184		5,248		156		1,986		—		—		25,933
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Commercial real estate loans	$	111,558	$	302,470	$	283,086	$	224,751	$	130,060	$	312,237	$	8,982	$	1,657	$	1,374,801
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	41	$	223	$	—	$	—	$	264


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2024

Consumer and other loans - Other consumer and other loans
Risk rating
Pass	$	1,447	$	53	$	8,269	$	2	$	249	$	3,337	$	185	$	—	$	13,542
Other Loan Especially Mentioned	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total consumer and other loans - Other consumer and other loans	$	1,447	$	53	$	8,269	$	2	$	249	$	3,337	$	185	$	—	$	13,542
Current period gross charge-offs	$	31	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	31

Total community bank loans receivable
Risk rating
Pass	$	156,945	$	414,806	$	404,174	$	274,979	$	164,855	$	350,561	$	67,354	$	23,168	$	1,856,842
Other Loan Especially Mentioned	15,359		178		4,268		5,965		162		1,986		1,859		—		29,777
Substandard	2,281		—		—		—		—		—		100		—		2,381
Doubtful	—		—		—		—		—		—		—		—		—
Total community bank loans	$	174,585	$	414,984	$	408,442	$	280,944	$	165,017	$	352,547	$	69,313	$	23,168	$	1,889,000
Current period gross charge-offs	$	31	$	92	$	—	$	—	$	41	$	390	$	—	$	—	$	554

The following tables present the loans in CCBX based on payment activity for the periods indicated:


	Term Loans Amortized Cost Basis by Origination Year
CCBX	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of June 30, 2025
Commercial and industrial loans - Capital call lines
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	199,675	$	—	$	199,675
Nonperforming	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans - Capital call lines	$	—	$	—	$	—	$	—	$	—	$	—	$	199,675	$	—	$	199,675
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial and industrial loans - All other commercial and industrial loans
Payment performance
Performing	$	—	$	220	$	16,563	$	2,738	$	—	$	6	$	5,501	$	—	$	25,028
Nonperforming	—		38		716		91		—		—		269		—		1,114
Total commercial and industrial loans - All other commercial and industrial loans	$	—	$	258	$	17,279	$	2,829	$	—	$	6	$	5,770	$	—	$	26,142
Current period gross charge-offs	$	173	$	3	$	2,790	$	445	$	4	$	4	$	226	$	—	$	3,645

Real estate loans - Residential real estate loans
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	229,941	$	3,028	$	232,969
Nonperforming	—		—		—		—		—		—		1,817		—		1,817
Total real estate loans - Residential real estate loans	$	—	$	—	$	—	$	—	$	—	$	—	$	231,758	$	3,028	$	234,786
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	3,157	$	—	$	3,157


	Term Loans Amortized Cost Basis by Origination Year
CCBX	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of June 30, 2025
Consumer and other loans - Credit cards
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	490,634	$	35	$	490,669
Nonperforming	—		—		—		—		—		—		43,256		—		43,256
Total consumer and other loans - Credit cards	$	—	$	—	$	—	$	—	$	—	$	—	$	533,890	$	35	$	533,925
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	57,731	$	—	$	57,731

Consumer and other loans - Other consumer and other loans
Payment performance
Performing	$	244,711	$	267,183	$	107,384	$	31,763	$	1,191	$	141	$	23,110	$	—	$	675,483
Nonperforming	308		3,443		4,986		1,752		197		5		147		—		10,838
Total consumer and other loans - Other consumer and other loans	$	245,019	$	270,626	$	112,370	$	33,515	$	1,388	$	146	$	23,257	$	—	$	686,321
Current period gross charge-offs	$	5,142	$	14,292	$	11,376	$	3,540	$	285	$	35	$	8,248	$	—	$	42,918


Total CCBX loans receivable
Payment performance
Performing	$	244,711	$	267,403	$	123,947	$	34,501	$	1,191	$	147	$	948,861	$	3,063	$	1,623,824
Nonperforming	308		3,481		5,702		1,843		197		5		45,489		—		57,025
Total CCBX loans	$	245,019	$	270,884	$	129,649	$	36,344	$	1,388	$	152	$	994,350	$	3,063	$	1,680,849
Current period gross charge-offs	$	5,315	$	14,295	$	14,166	$	3,985	$	289	$	39	$	69,362	$	—	$	107,451


	Term Loans Amortized Cost Basis by Origination Year
CCBX	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2024
Commercial and industrial loans - Capital call lines
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	109,017	$	—	$	109,017
Nonperforming	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans - Capital call lines	$	—	$	—	$	—	$	—	$	—	$	—	$	109,017	$	—	$	109,017
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial and industrial loans - All other commercial and industrial loans
Payment performance
Performing	$	1,049	$	22,974	$	3,952	$	5	$	12	$	—	$	4,729	$	—	$	32,721
Nonperforming	—		856		141		—		—		—		243		—		1,240
Total commercial and industrial loans - All other commercial and industrial loans	$	1,049	$	23,830	$	4,093	$	5	$	12	$	—	$	4,972	$	—	$	33,961
Current period gross charge-offs	$	503	$	11,845	$	1,956	$	2	$	5	$	—	$	986	$	—	$	15,297

Real estate loans - Residential real estate loans
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	255,779	$	9,320	$	265,099
Nonperforming	—		—		—		—		—		—		2,608		—		2,608
Total real estate loans - Residential real estate loans	$	—	$	—	$	—	$	—	$	—	$	—	$	258,387	$	9,320	$	267,707
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	5,006	$	—	$	5,006


	Term Loans Amortized Cost Basis by Origination Year
CCBX	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2024

Consumer and other loans - Credit cards
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	483,755	$	47	$	483,802
Nonperforming	—		—		—		—		—		—		44,752		—		44,752
Total consumer and other loans - Credit cards	$	—	$	—	$	—	$	—	$	—	$	—	$	528,507	$	47	$	528,554
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	130,825	$	—	$	130,825

Consumer and other loans - Other consumer and other loans
Payment performance
Performing	$	430,398	$	153,522	$	44,967	$	1,902	$	47	$	192	$	19,796	$	—	$	650,824
Nonperforming	1,727		7,324		4,042		732		—		15		116		—		13,956
Total consumer and other loans - Other consumer and other loans	$	432,125	$	160,846	$	49,009	$	2,634	$	47	$	207	$	19,912	$	—	$	664,780
Current period gross charge-offs	$	13,759	$	34,352	$	14,702	$	3,580	$	24	$	282	$	10,710	$	—	$	77,409

Total CCBX loans receivable
Payment performance
Performing	$	431,447	$	176,496	$	48,919	$	1,907	$	59	$	192	$	873,076	$	9,367	$	1,541,463
Nonperforming	1,727		8,180		4,183		732		—		15		47,719		—		62,556
Total CCBX loans	$	433,174	$	184,676	$	53,102	$	2,639	$	59	$	207	$	920,795	$	9,367	$	1,604,019
Current period gross charge-offs	$	14,262	$	46,197	$	16,658	$	3,582	$	29	$	282	$	147,527	$	—	$	228,537

Summary of Allocation of Allowance for Loan Loss as well as Activity in Allowance for Loan Loss Attributed to Various Segments in Loan

The following tables summarize the allocation of the ACL, as well as the activity in the ACL attributed to various segments in the loan portfolio, as of and for the three and six months ended June 30, 2025 and for the three and six months ended June 30, 2024:


	Commercial and Industrial		Construction, Land, and Land Development		Residential Real Estate		Commercial Real Estate		Consumer and Other		Unallocated		Total
	(dollars in thousands; unaudited)
Three Months Ended June 30, 2025
ACL balance, March 31, 2025	$	10,066	$	4,531	$	13,443	$	8,110	$	147,028	$	—	$	183,178

Provision for credit losses or (recapture)	221		734		239		(810)		30,545		—		30,929
	10,287		5,265		13,682		7,300		177,573		—		214,107
Loans charged-off	(1,738)		—		(1,552)		—		(50,490)		—		(53,780)
Recoveries of loans previously charged-off	205		—		94		—		4,168		—		4,467
Net charge-offs	(1,533)		—		(1,458)		—		(46,322)		—		(49,313)
ACL balance, June 30, 2025	$	8,754	$	5,265	$	12,224	$	7,300	$	131,251	$	—	$	164,794

Six Months Ended June 30, 2025
ACL balance, December 31, 2024	$	11,051	$	3,439	$	12,250	$	8,456	$	141,798	$	—	$	176,994

Provision for credit losses or (recapture)	787		1,826		3,035		(1,160)		80,825		—		85,313
	11,838		5,265		15,285		7,296		222,623		—		262,307
Loans charged-off	(3,645)		—		(3,157)		—		(100,664)		—		(107,466)
Recoveries of loans previously charged-off	561		—		96		4		9,292		—		9,953
Net charge-offs	(3,084)		—		(3,061)		4		(91,372)		—		(97,513)
ACL balance, June 30, 2025	$	8,754	$	5,265	$	12,224	$	7,300	$	131,251	$	—	$	164,794


Three Months Ended June 30, 2024
ACL balance, March 31, 2024	$	10,831	$	6,551	$	14,650	$	7,503	$	100,406	$	—	$	139,941

Provision for credit losses or (recapture)	4,968		(441)		1,744		(184)		55,803		—		61,890
	15,799		6,110		16,394		7,319		156,209		—		201,831
Loans charged-off	(3,870)		—		(864)		—		(50,473)		—		(55,207)
Recoveries of loans previously charged-off	271		—		2		—		1,981		—		2,254
Net (charge-offs) recoveries	(3,599)		—		(862)		—		(48,492)		—		(52,953)
ACL Balance, June 30, 2024	$	12,200	$	6,110	$	15,532	$	7,319	$	107,717	$	—	$	148,878

Six Months Ended June 30, 2024
ACL Balance, December 31, 2023	$	8,894	$	6,386	$	13,049	$	7,441	$	81,611	$	—	$	117,381

Provision for credit losses or (recapture)	11,379		(276)		4,486		(122)		125,941		—		141,408
	20,273		6,110		17,535		7,319		207,552		—		258,789
Loans charged-off	(8,567)		—		(2,007)		—		(103,627)		—		(114,201)
Recoveries of loans previously charged-off	494		—		4		—		3,792		—		4,290
Net charge-offs	(8,073)		—		(2,003)		—		(99,835)		—		(109,911)
ACL Balance, June 30, 2024	$	12,200	$	6,110	$	15,532	$	7,319	$	107,717	$	—	$	148,878

There was a provision for unfunded commitments of $1.5 million and $2.1 million, respectively for the three and six months ended June 30, 2025 and a provision for unfunded commitments of $435,000 and $4.1 million, respectively for the three and six months ended June 30, 2024. There was a provision recapture for accrued interest receivable of $182,000 for the three months ended June 30, 2025 and a provision of $602,000 for the six months ended June 30, 2025 on CCBX loans, there was no provision for accrued interest receivable for the three and six months ended June 30, 2024.

The following table presents the collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related ACL allocated to these loans as of the dates indicated:


	Real Estate		Business Assets		Total		ACL
	(dollars in thousands; unaudited)
June 30, 2025
Commercial and industrial loans	$	—	$	2,144	$	2,144	$	93
Real estate loans:

Residential real estate	3,551		—		3,551		—

Total	$	3,551	$	2,144	$	5,695	$	93


	Business Assets		Total		ACL
	(dollars in thousands; unaudited)
December 31, 2024
Commercial and industrial loans	$	100	$	100	$	—




Total	$	100	$	100	$	—