v3.26.1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Cash and cash equivalent    
Cash and due from banks $ 10,253 $ 12,086
Overnight deposits 229,011 381,501
Total cash and cash equivalents 239,264 393,587
Investment securities available-for-sale, at fair value 667,778 578,932
Investment securities held-to-maturity (estimated fair value of $369.5 million and $313.1 million at June 30, 2026 and December 31, 2025, respectively) 415,041 356,627
Equity investment securities, at fair value 5,646 5,609
Total securities 1,088,465 941,168
Other investments 27,759 20,632
Loans, net of deferred fees and costs 7,328,903 6,810,233
Allowance for credit losses (62,012) (97,081)
Net loans 7,266,891 6,713,152
Other assets 236,304 187,177
Total assets 8,858,683 8,255,716
Deposits    
Noninterest-bearing demand deposits 1,591,126 1,479,420
Interest-bearing deposits 6,140,356 5,897,758
Total deposits 7,731,482 7,377,178
Trust preferred securities 20,620 20,620
Secured and other borrowings 15,938 10,975
Other liabilities 122,477 103,831
Total liabilities 7,890,517 7,512,604
Stockholders' Equity    
Common stock, $0.01 par value, 25,000,000 shares authorized, 13,614,067 and 11,300,191 shares issued; and 12,395,278 and 10,088,617 shares outstanding at June 30, 2026 and December 31, 2025, respectively 136 113
Additional paid in capital 588,133 405,565
Retained earnings 495,034 450,639
Accumulated other comprehensive income (loss), net of tax (39,044) (39,739)
Treasury stock, at cost, 1,218,789 and 1,211,574 shares at June 30, 2026 and December 31, 2025, respectively (76,093) (73,466)
Total stockholders' equity 968,166 743,112
Total liabilities and stockholders' equity $ 8,858,683 $ 8,255,716