Regulatory Capital Requirements

3 Months Ended

Mar. 31, 2026

Regulatory Capital Requirements [Abstract]

(10) Regulatory Capital Requirements

Banks and bank holding companies are subject to regulatory capital requirements administered by federal banking agencies. Capital adequacy regulations and, additionally for banks, the prompt corrective action regulations, involve quantitative measures of assets, liabilities, and certain off-balance-sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators. Failure to meet capital requirements can result in regulatory action. As of March 31, 2026, the Company and Bank meet all capital adequacy requirements to which they are subject.

Prompt corrective action regulations provide five classifications: well, capitalized, adequately capitalized, undercapitalized, significantly undercapitalized, and critically undercapitalized, although these terms are not used to represent overall financial condition. If a bank is not classified as well capitalized, regulatory approval is required to accept brokered deposits. If a bank is undercapitalized, capital distributions are limited, as is asset growth and expansion, and capital restoration plans are required. The federal banking agencies are required to take certain supervisory actions (and may take additional discretionary actions) with respect to an undercapitalized institution or its holding company. Such actions could have a direct material effect on an institution’s or its holding company’s financial statements. As of March 31, 2026 and December 31, 2025, the most recent regulatory guidance categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the Bank’s category.

The Bank and the Company reported the following capital ratios as of March 31, 2026 and December 31, 2025:

(Bank Only)									Minimum for
									Capital Adequacy plus
	As of March 31, 2026					Well			Capital Conservation
(dollars in thousands)	Amount		Ratio			Capitalized⁽¹⁾			Buffer⁽¹⁾⁽²⁾

Tier 1 leverage ratio	$	530,666		8.250	%		5.000	%		4.000	%
Common equity tier 1 capital		530,666		14.262			6.500			7.000
Tier 1 risk-based capital		530,666		14.262			8.000			8.500
Total risk-based capital		577,284		15.515			10.000			10.500

									Minimum for
									Capital Adequacy plus
	As of December 31, 2025					Well			Capital Conservation
(dollars in thousands)	Amount		Ratio			Capitalized⁽¹⁾			Buffer⁽¹⁾⁽²⁾

Tier 1 leverage ratio	$	513,719		8.058	%		5.000	%		4.000	%
Common equity tier 1 capital		513,719		13.981			6.500			7.000
Tier 1 risk-based capital		513,719		13.981			8.000			8.500
Total risk-based capital		559,750		15.234			10.000			10.500

(Consolidated)
						Minimum for
						Capital Adequacy plus
	As of March 31, 2026					Capital Conservation
(dollars in thousands)	Amount		Ratio			Buffer⁽¹⁾⁽²⁾

Tier 1 leverage ratio	$	662,125		10.290	%		4.000	%
Common equity tier 1 capital		662,125		17.790			7.000
Tier 1 risk-based capital		662,125		17.790			8.500
Total risk-based capital		708,755		19.043			10.500

						Minimum for
						Capital Adequacy plus
	As of December 31, 2025					Capital Conservation
(dollars in thousands)	Amount		Ratio			Buffer⁽¹⁾⁽²⁾

Tier 1 leverage ratio	$	676,012		10.601	%		4.000	%
Common equity Tier 1 capital		676,012		18.393			7.000
Tier 1 risk-based capital		676,012		18.393			8.500
Total risk-based capital		722,055		19.646			10.500

(1) Federal regulatory minimum requirements to be considered to be Well Capitalized and Adequately Capitalized

(2) The March 31, 2026 and December 31, 2025 common equity tier 1, tier 1 risk-based, and total risk-based capital ratios include a capital conservation buffer of 2.50 percent

- Definition

The entire disclosure for regulatory capital requirement for depository and lending institutions. Institutions include, but not are not limited to, finance company, insured depository institution, bank holding company, savings and loan association holding company, bank and savings institution not federally insured, mortgage company, foreign financial institution and credit union.

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