LOANS - Major classifications (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||||||
---|---|---|---|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
Mar. 31, 2025 |
Dec. 31, 2024 |
Mar. 31, 2024 |
Dec. 31, 2023 |
|
After to adoption of ASC 326 | ||||||||
Total loans | $ 1,966,452 | $ 1,966,452 | $ 1,985,524 | |||||
Allowance for credit losses | (21,571) | $ (23,644) | (21,571) | $ (23,644) | $ (22,925) | (22,779) | $ (19,873) | $ (19,658) |
Loans, net | 1,944,881 | 1,944,881 | 1,962,745 | |||||
Servicing asset | 373,600 | 373,600 | 338,800 | |||||
Loans sold | 46,000 | 35,300 | 92,700 | 62,000 | ||||
Net gain on sale of loans | 2,300 | 2,600 | 4,650 | 5,092 | ||||
Total | 3,534 | 86 | 4,005 | 176 | ||||
Residential real estate | ||||||||
After to adoption of ASC 326 | ||||||||
Total loans | 738,779 | 738,779 | 729,254 | |||||
Allowance for credit losses | (6,692) | (5,996) | (6,692) | (5,996) | (6,551) | (6,236) | (5,277) | (5,001) |
Loans held for sale | 5,600 | 5,600 | 1,400 | |||||
Multi-family | ||||||||
After to adoption of ASC 326 | ||||||||
Total loans | 539,573 | 539,573 | 550,570 | |||||
Allowance for credit losses | (3,918) | (4,266) | (3,918) | (4,266) | (4,999) | (5,284) | (4,217) | (4,671) |
Total | 33 | |||||||
Commercial real estate | ||||||||
After to adoption of ASC 326 | ||||||||
Total loans | 530,567 | 530,567 | 546,257 | |||||
Allowance for credit losses | (5,402) | (9,042) | (5,402) | (9,042) | (5,379) | (5,605) | (8,579) | (8,390) |
Total | 305 | 30 | ||||||
Commercial and industrial | ||||||||
After to adoption of ASC 326 | ||||||||
Total loans | 148,907 | 148,907 | 145,457 | |||||
Allowance for credit losses | (5,386) | (4,177) | (5,386) | (4,177) | (5,860) | (5,447) | (1,643) | (1,419) |
Total | 3,534 | 86 | 3,667 | 146 | ||||
Construction and land development | ||||||||
After to adoption of ASC 326 | ||||||||
Total loans | 8,208 | 8,208 | 13,483 | |||||
Allowance for credit losses | (151) | (98) | (151) | (98) | (113) | (180) | (97) | (122) |
Consumer | ||||||||
After to adoption of ASC 326 | ||||||||
Total loans | 418 | 418 | 503 | |||||
Allowance for credit losses | (22) | $ (65) | (22) | $ (65) | $ (23) | (27) | $ (60) | $ (55) |
SBA loans | ||||||||
After to adoption of ASC 326 | ||||||||
Loans held for sale | $ 5,000 | $ 5,000 | $ 11,000 |