v3.25.4
Operating Segments (Tables)
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Segment Reporting Information
Years ended December 31,
(in thousands)202520242023
Interest and dividend income$185,710 $160,388 $102,418 
Reconciliation of revenue:
Other noninterest income10,488 6,445 7,020 
Total consolidated revenue196,198 166,833 109,438 
Less:
Interest expense49,530 50,021 19,989 
Segment net interest income and noninterest income146,668 116,812 89,449 
Less:
Provision for credit losses3,754 11,113 309 
Salaries and employee benefits49,841 48,470 31,367 
Other segment items (1)40,545 46,231 23,933 
Income tax expense14,360 3,332 8,304 
Consolidated net income$38,168 $7,666 $25,536 
As of December 31,
Reconciliation of assets20252024
Total assets for reportable segment$3,690,317 $3,521,771 
Adjustments and reconciling items— — 
Total consolidated assets$3,690,317 $3,521,771 
(1) - Other segment items include other non-interest expense such as occupancy expense, data processing, professional fees, regulatory assessments, and advertising.