v3.26.1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets:    
Cash and cash equivalents $ 222,221 $ 235,887
Securities available-for-sale, at fair value 257,994 246,505
Securities held-to-maturity, at cost (fair value of $53,247 and $55,500, at March 31, 2026 and December 31, 2025, respectively) 58,312 60,193
Securities, restricted, at cost 3,173 3,173
Loans held for investment 1,815,090 1,758,427
Less: allowance for credit losses (23,540) (24,022)
Loans, net of allowance 1,791,550 1,734,405
Premises and equipment, net 4,189 4,379
Accrued interest receivable 13,305 12,640
Other assets 70,411 68,479
Total assets 2,421,155 2,365,661
Deposits:    
Demand 545,891 576,455
Savings, NOW and money market 1,542,293 1,480,380
Time 14,384 6,172
Total deposits 2,102,568 2,063,007
Accrued expenses and other liabilities 17,320 13,056
Total liabilities 2,119,888 2,076,063
Commitments and contingencies
Stockholders' equity:    
Preferred stock, par value $0.01; authorized 2,000,000 shares; none issued
Common stock, par value $0.01; authorized 15,000,000 shares; 8,793,552 and 8,708,923 shares issued, respectively; and 8,637,034 and 8,552,405 shares outstanding, respectively 88 87
Additional paid-in capital 112,041 109,889
Retained earnings 208,263 197,787
Accumulated other comprehensive loss (9,449) (8,489)
Treasury stock at cost (156,518 and 156,518 shares, respectively) (9,676) (9,676)
Total stockholders' equity 301,267 289,598
Total liabilities and stockholders' equity $ 2,421,155 $ 2,365,661