v3.26.1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Cash and cash equivalent    
Cash and due from banks $ 12,034 $ 12,086
Overnight deposits 660,359 381,501
Total cash and cash equivalents 672,393 393,587
Investment securities available-for-sale, at fair value 649,719 578,932
Investment securities held-to-maturity (estimated fair value of $302.5 million and $313.1 million at March 31, 2026 and December 31, 2025, respectively) 347,868 356,627
Equity investment securities, at fair value 5,625 5,609
Total securities 1,003,212 941,168
Other investments 20,725 20,632
Loans, net of deferred fees and costs 7,046,547 6,810,233
Allowance for credit losses (82,071) (97,081)
Net loans 6,964,476 6,713,152
Other assets 183,318 187,177
Total assets 8,844,124 8,255,716
Deposits    
Noninterest-bearing demand deposits 1,539,553 1,479,420
Interest-bearing deposits 6,200,166 5,897,758
Total deposits 7,739,719 7,377,178
Trust preferred securities 20,620 20,620
Secured and other borrowings 15,975 10,975
Other liabilities 119,471 103,831
Total liabilities 7,895,785 7,512,604
Stockholders' Equity    
Common stock, $0.01 par value, 25,000,000 shares authorized, 13,613,586 and 11,300,191 shares issued; and 12,392,035 and 10,088,617 shares outstanding at March 31, 2026 and December 31, 2025, respectively 136 113
Additional paid in capital 584,524 405,565
Retained earnings 479,177 450,639
Accumulated other comprehensive income (loss), net of tax (39,233) (39,739)
Treasury stock, at cost, 1,221,551 and 1,211,574 shares at March 31, 2026 and December 31, 2025, respectively (76,265) (73,466)
Total stockholders' equity 948,339 743,112
Total liabilities and stockholders' equity $ 8,844,124 $ 8,255,716