PREMISES AND EQUIPMENT (Tables)
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12 Months Ended |
Dec. 31, 2025 |
| Property, Plant and Equipment [Abstract] |
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| Schedule of Premises and Equipment |
Premises and equipment consisted of the following: | | | | | | | | | | | | | (Dollars in thousands) | December 31, 2025 | | December 31, 2024 | | Land | $ | 12,299 | | | $ | 22,091 | | | Buildings | 64,020 | | | 102,514 | | | Leasehold improvements | 40,390 | | | 40,394 | | | Automobiles and aircraft | 11,428 | | | 30,076 | | | Furniture, fixtures and equipment | 39,238 | | | 42,281 | | | 167,375 | | | 237,356 | | | Accumulated depreciation | (76,304) | | | (76,619) | | | $ | 91,071 | | | $ | 160,737 | |
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| Schedule of Disposal Assets |
The gain on sale of $8,744,000 was calculated as follows and allocated to the Corporate and Other category for segment reporting: | | | | | | | (Dollars in thousands) | | | Sales price | $ | 64,000 | | | | | Net book value of disposal assets | | | Premises and equipment, net | $ | 54,289 | | | Intangible assets, net | 646 | | | Deferred rent | 166 | | | $ | 55,101 | | | Transaction costs | 155 | | | Gain on sale, net of transaction costs | $ | 8,744 | |
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| Schedule of Lease Cost |
Lease costs were as follows: | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | (Dollars in thousands) | 2025 | | 2024 | | 2023 | | Operating lease cost | $ | 5,472 | | | $ | 5,450 | | | $ | 5,294 | | | Short-term lease cost | 263 | | | 598 | | | 460 | | | Variable lease cost | 38 | | | 20 | | | 145 | | | Total lease cost | $ | 5,773 | | | $ | 6,068 | | | $ | 5,899 | |
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| Schedule of Total Operating Lease Liability |
A maturity analysis of operating lease liabilities and reconciliation of the undiscounted cash flows to the total operating lease liability is as follows: | | | | | | | (Dollars in thousands) | December 31, 2025 | | Lease payments due: | | | Within one year | $ | 6,405 | | | After one but within two years | 5,861 | | | After two but within three years | 4,937 | | | After three but within four years | 4,215 | | | After four but within five years | 3,374 | | | After five years | 3,003 | | | Total undiscounted cash flows | 27,795 | | | Discount on cash flows | (2,740) | | | Total lease liability | $ | 25,055 | |
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| Schedule of Revenue Recognized for Operating Leases |
The table below shows the Company's revenue from operating leases, which is included in other non-interest income in the Company's consolidated statements of income. | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | (Dollars in thousands) | | 2025 | | 2024 | | 2023 | | Fixed payments | | $ | 1,423 | | | $ | 2,833 | | | $ | — | | | Variable payments | | 766 | | | 1,222 | | | — | | | Amortization of intangibles included in lease income | | (67) | | | (75) | | | — | | | Total lease income | | $ | 2,122 | | | $ | 3,980 | | | $ | — | |
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