v3.26.1
Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table sets forth our assets and liabilities measured at fair value on a recurring basis as of:
Level 1Level 2Level 3
Quoted prices
in active
markets for
identical
assets		Significant
other
observable
inputs		Significant
unobservable
inputs		Total
Estimated
Fair
Value
March 31, 2026
Available-for-sale securities$33,197 $425,346 $— $458,543 
Loans held-for-sale— 144,407 — 144,407 
Mortgage servicing rights— — 88,993 88,993 
Derivative financial instruments - assets— 22,761 — 22,761 
Derivative financial instruments - liabilities— (15,748)— (15,748)
Total$33,197 $576,766 $88,993 $698,956 
December 31, 2025
Available-for-sale securities$33,270 $435,700 $— $468,970 
Loans held-for-sale— 100,539 — 100,539 
Mortgage servicing rights— — 86,651 86,651 
Derivative financial instruments - assets— 22,384 — 22,384 
Derivative financial instruments - liabilities— (15,531)— (15,531)
Total$33,270 $543,092 $86,651 $663,013 
Schedule of Reconciliation for Level 3 Assets Measured at Fair Value on a Recurring Basis
The following table presents a reconciliation for our Level 3 assets measured at fair value on a recurring basis:
For the three months ended
March 31,
20262025
Balance, beginning of period$86,651 $84,258 
Total fair value adjustments included in earnings(1,929)(3,984)
Purchases, issuances, sales and settlements:
Issuances4,271 2,653 
Balance, end of period$88,993 $82,927 
Schedule of Assets and Liabilities Measured at Fair Value on a Non-recurring The following table sets forth our assets and liabilities that were measured at fair value on a non-recurring basis as of:
Level 3
March 31,
2026		December 31,
2025
Collateral dependent loans:
Commercial and industrial$16,428 $6,783 
Commercial real estate3,515 3,515 
Residential real estate3,029 1,875 
Total collateral dependent loans$22,972 $12,173 
Other real estate owned and foreclosed assets, net:
Commercial real estate$8,961 $8,960 
Residential real estate273 880 
Other1,674 1,674 
Total other real estate owned and foreclosed assets, net:$10,908 $11,514 
Schedule of Estimated Fair Values of Financial Instruments Not Carried at Fair Value
The carrying amounts and estimated fair values of financial instruments not carried at fair value are as follows as of:
Estimated Fair Value
Carrying
Value		TotalLevel 1Level 2Level 3
March 31, 2026
Assets:
Cash and cash equivalents$413,732 $413,732 $413,732 $— $— 
Securities held-to-maturity33,553 29,045 — 29,045 — 
Loans (excluding collateral dependent loans)6,880,611 6,826,658 — — 6,826,658 
Restricted equity securities26,230 26,230 — 26,230 — 
Accrued interest receivable33,087 33,087 — 2,178 30,909 
Liabilities:
Deposits (excluding demand deposits)$4,634,447 $3,913,506 $2,705,908 $1,207,598 $— 
Securities sold under agreements to repurchase7,670 7,670 — 7,670 — 
Subordinated debt, net36,754 37,391 — — 37,391 
Accrued interest payable6,356 6,356 — 6,356 — 
December 31, 2025
Assets:
Cash and cash equivalents$652,592 $652,592 $652,592 $— $— 
Securities held-to-maturity33,839 29,446 — 29,446 — 
Loans (excluding collateral dependent loans)6,655,567 6,544,724 — — 6,544,724 
Restricted equity securities24,775 24,775 — 24,775 — 
Accrued interest receivable32,255 32,255 — 2,224 30,031 
Liabilities:
Deposits (excluding demand deposits)$4,645,526 $4,602,421 $3,315,648 $1,286,773 $— 
Securities sold under agreements to repurchase11,160 11,160 — 11,160 — 
FHLB advances— — — — — 
Subordinated debt, net36,680 35,981 — — 35,981 
Accrued interest payable6,680 6,680 — 6,680 —