v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Net income (loss) $ 21,496 $ 10,787
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,677 1,431
Reversal of credit losses (1,833) (3,455)
Net (accretion) amortization of purchase accounting adjustments (5,889) 26
Provision for other real estate owned 75 296
Net accretion of securities (827) (200)
Gain on call or sale of investment securities, net (12) 0
Loss on sale or disposition of bank premises and equipment, net 0 3
Loss (gain) on sale of other real estate owned, net 80 (29)
Gain on sale of loans (26) 0
FHLB stock dividend (165) (146)
Stock-based compensation 990 964
Deferred taxes 2,685 (28)
Net change in value of BOLI (1,360) (924)
Amortization of subordinated debt issuance costs 21 21
Change in the fair value of equity securities (307) 23
Net change in:    
Accrued interest receivable 588 395
Other assets (3,023) (585)
Accrued taxes and other liabilities 1,217 (923)
Net cash provided by operating activities 16,387 7,656
Cash flows from investing activities:    
Proceeds from sales of investment securities AFS 50,481 0
Purchases of securities AFS (225,270) (39,610)
Proceeds from maturities, prepayments and calls of investment securities AFS 183,375 23,777
Proceeds from maturities, prepayments and calls of investment securities HTM 1,319 1,156
Net decrease in loans 81,106 21,147
Proceeds from sales of other real estate owned 839 272
Purchases of bank premises and equipment (1,198) (431)
Purchases of other investments (102) (80)
Distributions from other investments 298 117
Cash acquired from acquisition of Wichita Falls Bancshares, Inc., net of cash paid 75,708 0
Net cash provided by investing activities 163,163 7,915
Cash flows from financing activities:    
Net decrease in customer deposits (159,161) (7,752)
Net increase in repurchase agreements 6,199 2,647
Net increase in short-term FHLB advances 0 2,785
Proceeds from long-term FHLB advances 60,000 0
Repayment of long-term FHLB advances (40,064) 0
Cash dividends paid on common stock (2,590) (2,063)
Cash dividends paid on preferred stock (1,056) 0
Proceeds from stock options exercised 374 63
Payments to repurchase common stock (2,310) (1,283)
Advanced proceeds from preferred stock offering 0 17,334
Repayment of long-term debt (10,120) 0
Payments of stock issuance costs (24) 0
Net cash (used in) provided by financing activities (148,752) 11,731
Net change in cash and cash equivalents 30,798 27,302
Cash and cash equivalents, beginning of period 41,505 27,922
Cash and cash equivalents, end of period 72,303 55,224
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Transfer from loans to other real estate owned 2,367 951
Equity Securities, Held In Correspondent Banks [Member]    
Cash flows from investing activities:    
Proceeds from redemption or sale of equity securities at fair value 2,890 2,315
Purchases of equity securities at fair value (5,833) (748)
Marketable Securities and Mutual Funds [Member]    
Cash flows from investing activities:    
Purchases of equity securities at fair value (450) 0
Common Stock [Member]    
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Stock dividends payable 1,653 1,082
Preferred Stock [Member]    
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES    
Stock dividends payable $ 528 $ 0