v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 21,682 $ 29,864
Other investments and interest-bearing deposits in other financial institutions 625,346 938,259
Total cash and cash equivalents 647,028 968,123
Securities available-for-sale, at fair value 592,958 256,274
Securities held-to-maturity net of allowance for credit losses 529,711 590,016
Loans held-for-sale - SBA, at lower of cost or fair value, including deferred costs 1,322 2,375
Loans, net of deferred fees 3,653,060 3,491,937
Allowance for credit losses on loans (49,999) (48,953)
Loans, net 3,603,061 3,442,984
Federal Home Loan Bank ("FHLB"), Federal Reserve Bank ("FRB") stock and other investments, at cost 32,568 32,556
Company-owned life insurance 83,423 81,211
Premises and equipment, net 9,213 10,140
Goodwill 167,631 167,631
Other intangible assets 4,625 6,439
Accrued interest receivable and other assets 93,157 87,257
Total assets 5,764,697 5,645,006
Deposits:    
Demand, noninterest-bearing 1,308,737 1,214,192
Demand, interest-bearing 957,146 936,587
Savings and money market 1,380,666 1,325,923
Time deposits - under $250 31,500 38,988
Time deposits - $250 and over 220,715 206,755
Insured Cash Sweep ("ICS")/Certificates of Deposit Account Registry Service ("CDARS") - interest-bearing demand, money market and time deposits 1,004,322 1,097,586
Total deposits 4,903,086 4,820,031
Subordinated debt, net of issuance costs 39,805 39,653
Accrued interest payable and other liabilities 113,240 95,595
Total liabilities 5,056,131 4,955,279
Shareholders' equity:    
Preferred stock 0 0
Common stock 509,611 510,070
Retained earnings 203,675 187,762
Accumulated other comprehensive loss (4,720) (8,105)
Total shareholders' equity 708,566 689,727
Total liabilities and shareholders' equity $ 5,764,697 $ 5,645,006