v3.25.4
Noninterest Expense
12 Months Ended
Dec. 31, 2025
Noninterest Expense [Abstract]  
Noninterest Expense Noninterest Expense
The following table indicates the various components of the Company’s noninterest expense in each category for the periods indicated:
Year Ended
December 31,
202520242023
(Dollars in thousands)
Salaries and employee benefits$66,537 $63,952 $56,862 
Occupancy and equipment9,944 10,226 9,490 
Legal settlement and other charges (1)
9,184 — — 
Professional fees6,233 5,416 4,350 
Data processing4,374 3,183 3,429 
Insurance expense4,267 6,724 6,264 
Client services4,143 3,920 2,512 
Software subscriptions3,150 3,046 2,599 
Merger-related costs (2)
2,067 — — 
Other17,960 17,116 15,548 
Total noninterest expense$127,859 $113,583 $101,054 
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(1)During the second quarter of 2025, the Company recorded expenses of $9,184,000, primarily due to pre-tax charges related to the settlement of certain litigation matters, including the anticipated settlement of a previously disclosed class action and PAGA lawsuit that alleged the violation of certain California wage-and-hour and related laws and regulations, and charges related to the planned closure of a Bank branch.
(2)During fourth quarter of 2025, the Company recorded expenses of $2,067,000, due to pre-tax charges related to the announced pending merger with CVBF.
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