Loans and Allowance for Credit Losses (Tables)

3 Months Ended

Mar. 31, 2026

The composition of the loan portfolio is as follows as of the periods indicated:


	March 31,		December 31,
	2026		2025
	(dollars in thousands; unaudited)
Community Bank
Commercial and industrial loans	$	235,603	$	224,439
Real estate loans:
Construction, land and land development loans	234,911		222,075
Residential real estate loans	199,185		202,293
Commercial real estate loans	1,300,547		1,285,856
Consumer and other loans:
Other consumer and other loans	11,587		14,072
Gross community bank loans receivable	1,981,833		1,948,735
CCBX
Commercial and industrial loans:
Capital call lines	$	176,384	$	210,480
All other commercial & industrial loans	21,792		19,166
Real estate loans:
Residential real estate loans	266,037		264,059
Consumer and other loans:
Credit cards	693,485		622,681
Other consumer and other loans	726,943		691,708
Gross CCBX loans receivable	1,884,641		1,808,094
Total gross loans receivable	3,866,474		3,756,829
Net deferred origination fees and premiums	(7,095)		(7,298)
Loans receivable	$	3,859,379	$	3,749,531

The following chart breaks out our consumer loan portfolio by segment and type of loan as of March 31, 2026. The largest portion of our consumer portfolio is comprised of CCBX installment loans and credit card loans. These loans are further divided to show the total secured and unsecured amounts in each of these categories. The average overall outstanding consumer loan balance is small at $700.


(dollars in thousands; unaudited)	Outstanding Balance		% of Total Outstanding Balance Consumer Loans		Average Loan Balance		Number of Loans
CCBX consumer loans
Installment loans - cash secured	$	174,036	12.2	%
Installment loans - unsecured	495,508		34.6
Installment loans - total	669,544		46.8		$	0.7	1,026,896
Credit cards - cash secured	398		0.0
Credit cards - unsecured	693,087		48.4
Credit cards - total	693,485		48.4		1.5		456,317
Lines of credit	29,956		2.1		0.1		303,549
Other loans	27,443		1.9		0.1		297,989
Community bank consumer loans
Lines of credit	163		0.0		5.3		31
Installment loans	1,088		0.1		43.5		25
Other loans	10,336		0.7		28.2		366
Total	$	1,432,015	100.0	%	$	0.7	2,085,173

The following chart breaks out our consumer loan portfolio by segment and type of loan as of December 31, 2025. The largest portion of our consumer portfolio is comprised of CCBX installment loans and credit card loans. These loans are further divided to show the total secured and unsecured amounts in each of these categories. The average overall outstanding consumer loan balance is small at $809.


(dollars in thousands; unaudited)	Outstanding Balance		% of Total Outstanding Balance Consumer Loans		Average Loan Balance		Number of Loans
CCBX consumer loans
Installment loans - cash secured	$	162,072	12.2	%
Installment loans - unsecured	502,767		37.8
Installment loans - total	664,839		50.0		$	0.8	864,638
Credit cards - cash secured	56		0.0
Credit cards - unsecured	622,625		46.9
Credit cards - total	622,681		46.9		1.4		435,236
Lines of credit	10,027		0.8		0.1		89,736
Other loans	16,842		1.3		0.1		252,381
Community bank consumer loans
Lines of credit	140		0.0		4.5		31
Installment loans	3,010		0.2		111.5		27
Other loans	10,922		0.8		28.6		382
Total	$	1,328,461	100.0	%	$	0.8	1,642,431

Summary of an Age Analysis of Past Due Loans

The following tables illustrate an age analysis of past due loans as of the dates indicated:


	30-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total Loans		90 Days or More Past Due and Still Accruing
	(dollars in thousands; unaudited)
March 31, 2026
Community Bank
Commercial and industrial loans	$	500	$	94	$	594	$	235,009	$	235,603	$	—
Real estate loans:
Construction, land and land development	—		—		—		234,911		234,911		—
Residential real estate	—		—		—		199,185		199,185		—
Commercial real estate	106		4,344		4,450		1,296,097		1,300,547		—
Consumer and other loans	2		—		2		11,585		11,587		—
Total community bank	$	608	$	4,438	$	5,046	$	1,976,787	$	1,981,833	$	—
CCBX
Commercial and industrial loans:
Capital call lines	$	—	$	—	$	—	$	176,384	$	176,384	$	—
All other commercial & industrial loans	1,005		604		1,609		20,183		21,792		604
Real estate loans:
Residential real estate loans	2,469		2,241		4,710		$	261,327	$	266,037	2,241
Consumer and other loans:
Credit cards	28,977		29,437		58,414		$	635,071	$	693,485	24,149
Other consumer and other loans	47,088		8,238		55,326		671,617		726,943		8,205
Total CCBX	$	79,539	$	40,520	$	120,059	$	1,764,582	$	1,884,641	$	35,199
Total consolidated	$	80,147	$	44,958	$	125,105	$	3,741,369	3,866,474		$	35,199
Less net deferred origination fees and premiums									(7,095)
Loans receivable									$	3,859,379


	30-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total Loans		90 Days or More Past Due and Still Accruing
	(dollars in thousands; unaudited)
December 31, 2025
Community Bank
Commercial and industrial loans	$	150	$	2,070	$	2,220	$	222,219	$	224,439	$	—
Real estate loans:
Construction, land and land development	—		—		—		222,075		222,075		—
Residential real estate	286		—		286		202,007		202,293		—
Commercial real estate	107		4,344		4,451		1,281,405		1,285,856		—
Consumer and other loans	1		—		1		14,071		14,072		—
Total community bank	$	544	$	6,414	$	6,958	$	1,941,777	$	1,948,735	$	—
CCBX
Commercial and industrial loans:
Capital call lines	$	—	$	—	$	—	$	210,480	$	210,480	$	—
All other commercial & industrial loans	1,075		654		1,729		17,437		19,166		654
Real estate loans:
Residential real estate loans	3,125		1,961		5,086		$	258,973	$	264,059	$	1,961
Consumer and other loans:
Credit cards	27,752		26,632		54,384		$	568,297	$	622,681	$	22,536
Other consumer and other loans	38,187		8,078		46,265		$	645,443	$	691,708	$	7,993
Total CCBX	70,139		37,325		107,464		1,700,630		1,808,094		33,144
Total consolidated	70,683		43,739		114,422		3,642,407		3,756,829		33,144
Less net deferred origination fees and premiums									(7,298)
Loans receivable									$	3,749,531

Analysis of Nonaccrual Loans by Category

An analysis of nonaccrual loans by category consisted of the following at the periods indicated:


	March 31,						December 31,
	2026						2025
	Total Nonaccrual		Nonaccrual with No ACL		Nonaccrual with ACL		Total Nonaccrual		Nonaccrual with No ACL		Nonaccrual with ACL
	(dollars in thousands; unaudited)
Community Bank
Commercial and industrial loans	$	170	$	76	$	94	$	2,151	$	2,058	$	93
Real estate loans:

Residential real estate	314		314		—		38		38		—
Commercial real estate	4,344		4,344		—		4,344		4,344		—



Total community bank nonaccrual loans	$	4,828	$	4,734	$	94	$	6,533	$	6,440	$	93
CCBX
Commercial and industrial loans	$	81	$	—	$	81	$	127	$	—	$	127




Consumer and other loans:
Credit cards	24,497		—		24,497		21,433		—		21,433
Consumer and other consumer loans	3,015		—		3,015		2,875		—		2,875
Total CCBX nonaccrual loans	$	27,593	$	—	$	27,593	$	24,435	$	—	$	24,435
Total consolidated nonaccrual loans	$	32,421	$	4,734	$	27,687	$	30,968	$	6,440	$	24,528

Financing Receivable, Modified

The following tables present the CCBX loans at March 31, 2026 and December 31, 2025 that were both experiencing financial difficulty and were modified in the twelve months previous to the dates presented by class and by type of modification. The percentage of the loans that were modified to borrowers in financial distress as compared to the total CCBX loans of each class is also presented below.


March 31, 2026	Principal Forgiveness		Term Extension		Interest Rate Reduction		Principal Forgiveness & Payment Delay		Interest Rate Reduction & Payment Delay		Principal Forgiveness Payment Delay & Term Extension		Total		Total Class of Financing Receivable
	(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	—	$	609	$	—	$	18	$	—	$	—	$	627	2.88	%


Consumer and other loans:
Credit cards	13,526		—		32,489		—		2,302		—		48,317		6.97
Other consumer and other loans	—		2,994		—		2,410		—		32		5,436		0.75
Total	$	13,526	$	3,603	$	32,489	$	2,428	$	2,302	$	32	$	54,380	1.41	%


December 31, 2025	Principal Forgiveness		Term Extension		Interest Rate Reduction		Principal Forgiveness & Payment Delay		Interest Rate Reduction & Payment Delay		Principal Forgiveness, Payment Delay & Term Extension		Total		Total Class of Financing Receivable
	(dollars in thousands)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	—	$	763	$	—	$	4	$	—	$	—	$	767	4.00	%


Consumer and other loans:
Credit cards	13,780		—		32,566		—		685		—		47,031		7.55
Other consumer and other loans	—		4,087		—		832		—		15		4,934		0.71
Total	$	13,780	$	4,850	$	32,566	$	836	$	685	$	15	$	52,732	1.41	%

The Company has committed to lend additional amounts totaling $23,000 to the borrowers included in the table above as of March 31, 2026.

The performance of loans modified is monitored to understand the effectiveness of the modification efforts. The following tables present the performance of such loans that have been modified in the last 12 months previous to the dates presented:


March 31, 2026	30-89 Days Past Due		90 Days or More Past Due		Total Past Due
	(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	103	$	26	$	129


Consumer and other loans:
Credit cards	8,280		8,153		16,433
Other consumer and other loans	569		100		669
Total CCBX	$	8,952	$	8,279	$	17,231


December 31, 2025	30-89 Days Past Due		90 Days or More Past Due		Total Past Due
	(dollars in thousands)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	199	$	28	$	227


Consumer and other loans:
Credit cards	8,403		7,114		15,517
Other consumer and other loans	745		321		1,066
Total CCBX	$	9,347	$	7,463	$	16,810

The following tables present the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the preceding 12 months as of the dates indicated:


March 31, 2026	Principal Forgiveness		Weighted Average Interest Rate Reduction		Weighted Average Term Extension (years)
	(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	218	—	%	2.4


Consumer and other loans:
Credit cards	9,291		14.1		n/a
Other consumer and other loans	7,644		—		2.0
Total CCBX	$	17,153	14.1	%	2.1


December 31, 2025	Principal Forgiveness		Weighted Average Interest Rate Reduction		Weighted Average Term Extension (years)
	(dollars in thousands)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	224	—	%	2.0


Consumer and other loans:
Credit cards	9,062		14.4		n/a
Other consumer and other loans	5,904		—		2.0
Total CCBX	$	15,190	14.4	%	2.0

The following tables present the total of loans that had a payment default during the preceding 12 months and which were modified for borrowers experiencing financial difficulty in the twelve months prior to that default.


March 31, 2026	Principal Forgiveness		Term Extension		Interest Rate Reduction		Principal Forgiveness & Payment Delay		Interest Rate Reduction & Payment Delay		Principal Forgiveness, Payment Delay & Term Extension		Total
	(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	—	$	137	$	—	$	—	—		$	—	$	137


Consumer and other loans:
Credit cards	11,987		—		21,457		—		521		—		33,965
Other consumer and other loans	—		669		—		263		—		15		947
Total	$	11,987	$	806	$	21,457	$	263	$	521	$	15	$	35,049


December 31, 2025	Principal Forgiveness		Term Extension		Interest Rate Reduction		Principal Forgiveness & Payment Delay		Interest Rate Reduction & Payment Delay		Principal Forgiveness, Payment Delay & Term Extension		Total
	(dollars in thousands)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	—	$	628	$	—	$	4	$	—	$	—	$	632


Consumer and other loans:
Credit cards	12,339		—		21,798		—		204		—		34,341
Other consumer and other loans	—		3,267		—		640		—		15		3,922
Total	$	12,339	$	3,895	$	21,798	$	644	$	204	$	15	$	38,895

Upon the Company’s determination that a modified loan (or portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is charged-off against the allowance for credit losses. Therefore, the loan balance is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount.

Credit Quality and Credit Risk

Federal regulations require that the Company periodically evaluate the risks inherent in its loan portfolio. In addition, the Company’s regulatory agencies have authority to identify problem loans and, if appropriate, require them to be reclassified. The Company establishes loan grades for loans at the origination of the loan. Changes to community bank loan grades are considered at the time new information about the performance of a loan becomes available, including the receipt of updated financial information from the borrower and after loan reviews. For consumer loans, the Bank follows the Federal Financial Institutions Examination Council’s Uniform Retail Credit Classification and Account Management Policy for subsequent classification in the event of payment delinquencies or default. Typically, an individual loan grade will not be changed from the prior period unless there is a specific indication of credit deterioration or improvement. Credit deterioration is evidenced by delinquency, direct communications with the borrower or other borrower information that becomes known to management. Credit improvements are evidenced by known facts regarding the borrower or the collateral property. The Company classifies some loans as Watch or Other Loans Especially Mentioned (“OLEM”). Loans classified as Watch are performing assets but have elements of risk that require more monitoring than other performing loans and are reported in the OLEM column in the following table. Loans classified as OLEM are assets that continue to perform but have shown deterioration in credit quality and require close monitoring. There are three classifications for problem loans: Substandard, Doubtful, and Loss. Substandard loans have one or more defined weaknesses and are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Revolving (open-ended loans, such as credit cards) and installment (closed end) consumer loans originated through CCBX partners typically continue to accrue interest until they are charged-off at 120 days past due for installment loans (primarily unsecured loans to consumers) and 180 days past due for revolving loans (primarily credit cards) and are classified as substandard once they are 90 days past due. CCBX partners may place certain loans on nonaccrual status prior to achieving these past due timelines. Doubtful loans have the weaknesses of loans classified as Substandard, with additional characteristics that suggest the weaknesses make collection or recovery in full after liquidation of collateral questionable on the basis of currently existing facts, conditions, and values. There is a high possibility of loss in loans classified as Doubtful. A loan classified as Loss is considered uncollectible and of such little value that continued classification of the credit as a loan is not warranted. If a loan or a portion thereof is classified as Loss, it must be charged-off, meaning the amount of the loss is charged against the allowance for credit losses, thereby reducing that reserve.

Summary of Loans by Credit Quality Risk Rating

The following tables show the risk category of community bank loans by year of origination for the periods indicated, based on the most recent analysis performed as of each period end:


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of March 31, 2026
Commercial and industrial loans
Risk rating
Pass	$	21,360	$	115,178	$	6,956	$	8,296	$	32,986	$	17,499	$	29,480	$	2,209	$	233,964
Other Loan Especially Mentioned	45		—		—		—		49		1,215		159		—		1,468
Substandard	—		—		—		16		—		—		155		—		171
Doubtful	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans - All other commercial and industrial loans	$	21,405	$	115,178	$	6,956	$	8,312	$	33,035	$	18,714	$	29,794	$	2,209	$	235,603
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of March 31, 2026
Real estate loans - Construction, land and land development loans
Risk rating
Pass	$	3,872	$	115,782	$	39,206	$	61,474	$	6,774	$	4,058	$	3,502	$	—	$	234,668
Other Loan Especially Mentioned	—		—		—		—		—		243		—		—		243
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Construction, land and land development loans	$	3,872	$	115,782	$	39,206	$	61,474	$	6,774	$	4,301	$	3,502	$	—	$	234,911
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


Real estate loans - Residential real estate loans
Risk rating
Pass	$	3,882	$	16,982	$	10,032	$	24,500	$	27,704	$	80,583	$	33,132	$	410	$	197,225
Other Loan Especially Mentioned	—		—		—		—		—		—		266		—		266
Substandard	—		—		1,381		—		276		—		37		—		1,694
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Residential real estate loans	$	3,882	$	16,982	$	11,413	$	24,500	$	27,980	$	80,583	$	33,435	$	410	$	199,185
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Real estate loans - Commercial real estate loans
Risk rating
Pass	$	59,131	$	94,566	$	44,995	$	235,126	$	262,134	$	563,705	$	9,321	$	1,773	$	1,270,751
Other Loan Especially Mentioned	—		—		15,393		—		5,563		4,496		—		—		25,452
Substandard	—		—		—		—		344		4,000		—		—		4,344
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Commercial real estate loans	$	59,131	$	94,566	$	60,388	$	235,126	$	268,041	$	572,201	$	9,321	$	1,773	$	1,300,547
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of March 31, 2026
Consumer and other loans - Other consumer and other loans
Risk rating
Pass	$	398	$	282	$	89	$	28	$	7,243	$	2,906	$	641	$	—	$	11,587
Other Loan Especially Mentioned	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total consumer and other loans - Other consumer and other loans	$	398	$	282	$	89	$	28	$	7,243	$	2,906	$	641	$	—	$	11,587
Year-to-date gross charge-offs	$	2	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	2

Total community bank loans receivable
Risk rating
Pass	$	88,643	$	342,790	$	101,278	$	329,424	$	336,841	$	668,751	$	76,076	$	4,392	$	1,948,195
Other Loan Especially Mentioned	45		—		15,393		—		5,612		5,954		425		—		27,429
Substandard	—		—		1,381		16		620		4,000		192		—		6,209
Doubtful	—		—		—		—		—		—		—		—		—
Total community bank loans	$	88,688	$	342,790	$	118,052	$	329,440	$	343,073	$	678,705	$	76,693	$	4,392	$	1,981,833
Year-to-date gross charge-offs	$	2	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	2


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2025
Commercial and industrial loans
Risk rating
Pass	$	131,644	$	8,897	$	33,940	$	10,279	$	2,389	$	5,363	$	25,929	$	2,256	$	220,697
Other Loan Especially Mentioned	—		—		—		—		1,216		—		375		—		1,591
Substandard	—		16		—		1,961		—		—		174		—		2,151
Doubtful	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans - All other commercial and industrial loans	$	131,644	$	8,913	$	33,940	$	12,240	$	3,605	$	5,363	$	26,478	$	2,256	$	224,439
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Real estate loans - Construction, land and land development loans
Risk rating
Pass	$	139,810	$	67,584	$	6,838	$	1,715	$	239	$	1,732	$	3,502	$	—	$	221,420
Other Loan Especially Mentioned	—		—		—		655		—		—		—		—		655
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Construction, land and land development loans	$	139,810	$	67,584	$	6,838	$	2,370	$	239	$	1,732	$	3,502	$	—	$	222,075
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2025


Real estate loans - Residential real estate loans
Risk rating
Pass	$	28,581	$	24,678	$	35,211	$	34,525	$	23,262	$	25,146	$	28,270	$	414	$	200,087
Other Loan Especially Mentioned	—		—		286		—		—		—		501		—		787
Substandard	1,381		—		—		—		—		—		38		—		1,419
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Residential real estate loans	$	29,962	$	24,678	$	35,497	$	34,525	$	23,262	$	25,146	$	28,809	$	414	$	202,293
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	13	$	—	$	—	$	13

Real estate loans - Commercial real estate loans
Risk rating
Pass	$	138,619	$	259,048	$	263,101	$	209,646	$	98,897	$	273,109	$	10,005	$	1,788	$	1,254,213
Other Loan Especially Mentioned	15,374		—		5,593		1,302		3,243		1,787		—		—		27,299
Substandard	—		—		344		—		4,000		—		—		—		4,344
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Commercial real estate loans	$	153,993	$	259,048	$	269,038	$	210,948	$	106,140	$	274,896	$	10,005	$	1,788	$	1,285,856
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2025

Consumer and other loans - Other consumer and other loans
Risk rating
Pass	$	2,526	$	32	$	7,394	$	—	$	206	$	2,710	$	1,204	$	—	$	14,072
Other Loan Especially Mentioned	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total consumer and other loans - Other consumer and other loans	$	2,526	$	32	$	7,394	$	—	$	206	$	2,710	$	1,204	$	—	$	14,072
Year-to-date gross charge-offs	$	29	$	15	$	—	$	—	$	—	$	—	$	—	$	—	$	44

Total community bank loans receivable
Risk rating
Pass	$	441,180	$	360,239	$	346,484	$	256,165	$	124,993	$	308,060	$	68,910	$	4,458	$	1,910,489
Other Loan Especially Mentioned	15,374		—		5,879		1,957		4,459		1,787		876		—		30,332
Substandard	1,381		16		344		1,961		4,000		—		212		—		7,914
Doubtful	—		—		—		—		—		—		—		—		—
Total community bank loans	$	457,935	$	360,255	$	352,707	$	260,083	$	133,452	$	309,847	$	69,998	$	4,458	$	1,948,735
Year-to-date gross charge-offs	$	29	$	15	$	—	$	—	$	—	$	13	$	—	$	—	$	57

The following tables present the loans in CCBX based on payment activity for the periods indicated:


	Term Loans Amortized Cost Basis by Origination Year
CCBX	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of March 31, 2026
Commercial and industrial loans - Capital call lines
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	176,384	$	—	$	176,384
Nonperforming	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans - Capital call lines	$	—	$	—	$	—	$	—	$	—	$	—	$	176,384	$	—	$	176,384
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial and industrial loans - All other commercial and industrial loans
Payment performance
Performing	$	—	$	—	$	9,570	$	1,519	$	—	$	2	$	10,016	$	—	$	21,107
Nonperforming	—		—		317		31		—		—		337		—		685
Total commercial and industrial loans - All other commercial and industrial loans	$	—	$	—	$	9,887	$	1,550	$	—	$	2	$	10,353	$	—	$	21,792
Year-to-date gross charge-offs	$	—	$	—	$	732	$	135	$	—	$	—	$	279	$	—	$	1,146

Real estate loans - Residential real estate loans
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	262,105	$	1,691	$	263,796
Nonperforming	—		—		—		—		—		—		2,241		—		2,241
Total real estate loans - Residential real estate loans	$	—	$	—	$	—	$	—	$	—	$	—	$	264,346	$	1,691	$	266,037
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	705	$	—	$	705


	Term Loans Amortized Cost Basis by Origination Year
CCBX	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of March 31, 2026
Consumer and other loans - Credit cards
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	644,813	$	26	$	644,839
Nonperforming	—		—		—		—		—		—		48,646		—		48,646
Total consumer and other loans - Credit cards	$	—	$	—	$	—	$	—	$	—	$	—	$	693,459	$	26	$	693,485
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	25,465	$	—	$	25,465

Consumer and other loans - Other consumer and other loans
Payment performance
Performing	$	194,706	$	278,929	$	136,795	$	61,917	$	18,080	$	699	$	24,597	$	—	$	715,723
Nonperforming	879		3,706		3,822		1,986		494		49		284		—		11,220
Total consumer and other loans - Other consumer and other loans	$	195,585	$	282,635	$	140,617	$	63,903	$	18,574	$	748	$	24,881	$	—	$	726,943
Year-to-date gross charge-offs	$	18	$	8,672	$	8,267	$	4,283	$	903	$	124	$	4,938	$	—	$	27,205


Total CCBX loans receivable
Payment performance
Performing	$	194,706	$	278,929	$	146,365	$	63,436	$	18,080	$	701	$	1,117,915	$	1,717	$	1,821,849
Nonperforming	879		3,706		4,139		2,017		494		49		51,508		—		62,792
Total CCBX loans	$	195,585	$	282,635	$	150,504	$	65,453	$	18,574	$	750	$	1,169,423	$	1,717	$	1,884,641
Year-to-date gross charge-offs	$	18	$	8,672	$	8,999	$	4,418	$	903	$	124	$	31,387	$	—	$	54,521


	Term Loans Amortized Cost Basis by Origination Year
CCBX	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2025
Commercial and industrial loans - Capital call lines
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	210,480	$	—	$	210,480
Nonperforming	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans - Capital call lines	$	—	$	—	$	—	$	—	$	—	$	—	$	210,480	$	—	$	210,480
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial and industrial loans - All other commercial and industrial loans
Payment performance
Performing	$	—	$	15	$	11,546	$	1,903	$	—	$	2	$	4,919	$	—	$	18,385
Nonperforming	—		—		364		85		—		—		332		—		781
Total commercial and industrial loans - All other commercial and industrial loans	$	—	$	15	$	11,910	$	1,988	$	—	$	2	$	5,251	$	—	$	19,166
Year-to-date gross charge-offs	$	—	$	18	$	5,164	$	817	$	4	$	4	$	816	$	—	$	6,823

Real estate loans - Residential real estate loans
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	260,146	$	1,952	$	262,098
Nonperforming	—		—		—		—		—		—		1,961		—		1,961
Total real estate loans - Residential real estate loans	$	—	$	—	$	—	$	—	$	—	$	—	$	262,107	$	1,952	$	264,059
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	4,923	$	—	$	4,923


	Term Loans Amortized Cost Basis by Origination Year
CCBX	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2025

Consumer and other loans - Credit cards
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	578,684	$	28	$	578,712
Nonperforming	—		—		—		—		—		—		43,969		—		43,969
Total consumer and other loans - Credit cards	$	—	$	—	$	—	$	—	$	—	$	—	$	622,653	$	28	$	622,681
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	109,468	$	—	$	109,468

Consumer and other loans - Other consumer and other loans
Payment performance
Performing	$	393,010	$	168,728	$	75,052	$	22,104	$	874	$	89	$	20,983	$	—	$	680,840
Nonperforming	2,336		3,870		3,416		818		126		10		292		—		10,868
Total consumer and other loans - Other consumer and other loans	$	395,346	$	172,598	$	78,468	$	22,922	$	1,000	$	99	$	21,275	$	—	$	691,708
Year-to-date gross charge-offs	$	9,522	$	36,940	$	23,660	$	7,840	$	734	$	2	$	17,220	$	—	$	95,918

Total CCBX loans receivable
Payment performance
Performing	$	393,010	$	168,743	$	86,598	$	24,007	$	874	$	91	$	1,075,212	$	1,980	$	1,750,515
Nonperforming	2,336		3,870		3,780		903		126		10		46,554		—		57,579
Total CCBX loans	$	395,346	$	172,613	$	90,378	$	24,910	$	1,000	$	101	$	1,121,766	$	1,980	$	1,808,094
Year-to-date gross charge-offs	$	9,522	$	36,958	$	28,824	$	8,657	$	738	$	6	$	132,427	$	—	$	217,132

Summary of Allocation of Allowance for Loan Loss as well as Activity in Allowance for Loan Loss Attributed to Various Segments in Loan

The following tables summarize the allocation of the ACL, as well as the activity in the ACL attributed to various segments in the loan portfolio, as of and for the three months ended March 31, 2026 and for the three months ended March 31, 2025:


	Commercial and Industrial		Construction, Land, and Land Development		Residential Real Estate		Commercial Real Estate		Consumer and Other		Total
	(dollars in thousands; unaudited)
Three Months Ended March 31, 2026
ACL balance, December 31, 2025	$	8,757	$	6,580	$	11,100	$	5,496	$	137,597	$	169,530

Provision for credit losses or (recapture)	(45)		(479)		(1,909)		514		54,403		52,484
	8,712		6,101		9,191		6,010		192,000		222,014
Loans charged-off	(1,146)		—		(705)		—		(52,672)		(54,523)
Recoveries of loans previously charged-off	162		—		12		—		4,762		4,936
Net charge-offs	(984)		—		(693)		—		(47,910)		(49,587)
ACL balance, March 31, 2026	$	7,728	$	6,101	$	8,498	$	6,010	$	144,090	$	172,427












Three Months Ended March 31, 2025
ACL balance, December 31, 2024	$	11,051	$	3,439	$	12,250	$	8,456	$	141,798	$	176,994

Provision for credit losses or (recapture)	566		1,092		2,796		(350)		50,280		54,384
	11,617		4,531		15,046		8,106		192,078		231,378
Loans charged-off	(1,907)		—		(1,605)		—		(50,174)		(53,686)
Recoveries of loans previously charged-off	356		—		2		4		5,124		5,486
Net (charge-offs) recoveries	(1,551)		—		(1,603)		4		(45,050)		(48,200)
ACL Balance, March 31, 2025	$	10,066	$	4,531	$	13,443	$	8,110	$	147,028	$	183,178

There was a provision recapture for unfunded commitments of $1.3 million for the three months ended March 31, 2026, compared to a provision for unfunded commitments of $613,000 for the three months ended March 31, 2025. There was a provision for accrued interest receivable on CCBX loans of $11,000 for the three months ended March 31, 2026, compared to $784,000 for the three months ended March 31, 2025, and a provision for accounts receivable of $252,000 for the months ended March 31, 2026 with no such provision for the three months ended March 31, 2025.

The following tables present the collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related ACL allocated to these loans as of the dates indicated:


	Real Estate		Business Assets		Total		ACL
	(dollars in thousands; unaudited)
March 31, 2026
Commercial and industrial loans	$	—	$	94	$	94	$	94
Real estate loans:

Residential real estate	37		—		37		—
Commercial real estate	4,344		—		4,344		—
Total	$	4,381	$	94	$	4,475	$	94


	Real Estate		Business Assets		Total		ACL
	(dollars in thousands; unaudited)
December 31, 2025
Commercial and industrial loans	$	—	$	190	$	190	$	93
Real estate loans:

Residential real estate	$	39	$	—	$	39	$	—
Commercial real estate	4,344		—		4,344		—
Total	$	4,383	$	190	$	4,573	$	93