v3.26.1
CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash, cash equivalents and restricted cash $ 279,639 $ 225,303
Investment securities:    
Available-for-sale, at fair value (net of zero allowance for credit losses at June 30, 2026 and December 31, 2025) 1,242,831 1,327,812
Total investment securities 1,242,831 1,327,812
Loans, at amortized cost 2,100,976 2,120,853
Allowance for credit losses on loans (22,464) (30,089)
Loans, net of allowance for credit losses on loans 2,078,512 2,090,764
Goodwill 72,754 72,754
Bank-owned life insurance 71,324 71,306
Operating lease right-of-use assets 21,146 22,499
Bank premises and equipment, net 8,016 8,059
Core deposit intangible, net 1,520 1,916
Interest receivable and other assets 80,978 84,365
Total assets 3,856,720 3,904,778
Deposits:    
Non-interest bearing 1,237,322 1,254,416
Interest bearing:    
Transaction accounts 237,676 417,482
Savings accounts 225,353 232,109
Money market accounts 1,511,325 1,305,849
Time accounts 158,224 205,686
Total deposits 3,369,900 3,415,542
Borrowings and other obligations 625 709
Subordinated notes, net of issuance costs 43,955 43,857
Operating lease liabilities 23,493 24,747
Interest payable and other liabilities 22,063 25,269
Total liabilities 3,460,036 3,510,124
Commitments and contingent liabilities (Note 8)
Stockholders' Equity    
Preferred stock, no par value, Authorized - 5,000,000 shares, none issued 0 0
Common stock, no par value, Authorized - 30,000,000 shares; issued and outstanding - 16,186,611 and 16,102,687 at June 30, 2026, and December 31, 2025, respectively 216,050 214,910
Retained earnings 207,843 198,163
Accumulated other comprehensive loss, net of taxes (27,209) (18,419)
Total stockholders' equity 396,684 394,654
Total liabilities and stockholders' equity $ 3,856,720 $ 3,904,778