Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2026

Accounting Policies [Abstract]

Schedule of Intangible Assets

The table below presents the intangible assets as of the dates presented:


(Dollars in thousands)		March 31, 2026				December 31, 2025
Brand-related intellectual property		$	13,200			$	13,475
Home improvement contractor relationships			4,140				4,226
Total intangible assets		$	17,340			$	17,701

Summary of the Calculation of Basic and Diluted EPS

The table below presents the calculation of basic and diluted EPS.


		Three Months Ended March 31,
(Dollars in thousands, except share and per share data)		2026				2025
Net income attributable to common stockholders		$	4,953			$	12,014
Weighted average common shares outstanding applicable to basic EPS			23,059,744				22,570,797
Effect of performance stock unit grants			729,280				515,645
Effect of restricted stock grants			487,002				576,251
Effect of dilutive stock options			269,775				234,474
Adjusted weighted average common shares outstanding applicable to diluted EPS			24,545,801				23,897,167
Basic earnings per share		$	0.21			$	0.53
Diluted earnings per share			0.20				0.50

Summary of Bank's Actual Capital Amounts and Ratios, and the Regulatory Minimum Ratios

The Bank’s capital amounts and ratios and the regulatory minimum ratios are presented in the following table.


		Regulatory
(Dollars in thousands)		Adequately Capitalized				Well- Capitalized				March 31, 2026				December 31, 2025
Common equity tier 1 capital										$	347,627			$	356,038
Tier 1 capital											447,056				455,467
Total capital											479,609				487,292
Average assets											2,572,371				2,558,754
Risk-weighted assets											2,529,775				2,472,328
Leverage ratio (1)			4.0	%			5.0	%			17.4	%			17.8	%
Common equity tier 1 capital ratio (2)			4.5				6.5				13.7				14.4
Tier 1 capital ratio (3)			6.0				8.0				17.7				18.4
Total capital ratio (3)			8.0				10.0				19.0				19.7

(1)

Calculated by dividing Tier 1 capital by average assets.

(2)

Calculated by subtracting preferred stock or non-controlling interest from Tier 1 capital and dividing by risk-weighted assets.

(3)

Calculated by dividing Tier 1 or total capital by risk-weighted assets.