Loans and Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2026

The composition of the loan portfolio is as follows as of the periods indicated:


	June 30,		December 31,
	2026		2025
	(dollars in thousands; unaudited)
Community Bank
Commercial and industrial loans	$	237,176	$	224,439
Real estate loans:
Construction, land and land development loans	221,562		222,075
Residential real estate loans	199,530		202,293
Commercial real estate loans	1,319,798		1,285,856
Consumer and other loans:
Other consumer and other loans	10,760		14,072
Gross community bank loans receivable	1,988,826		1,948,735
CCBX
Commercial and industrial loans:
Capital call lines	$	204,835	$	210,480
All other commercial & industrial loans	24,638		19,166
Real estate loans:
Residential real estate loans	324,873		264,059
Consumer and other loans:
Credit cards	753,171		622,681
Other consumer and other loans	918,779		691,708
Gross CCBX loans receivable	2,226,296		1,808,094
Total gross loans receivable	4,215,122		3,756,829
Net deferred origination fees and premiums	(6,852)		(7,298)
Loans receivable	$	4,208,270	$	3,749,531

The following chart breaks out our consumer loan portfolio by segment and type of loan as of June 30, 2026. The largest portion of our consumer portfolio is comprised of CCBX installment loans and credit card loans. These loans are further divided to show the total secured and unsecured amounts in each of these categories. The average overall outstanding consumer loan balance is small at $500.


(dollars in thousands; unaudited)	Outstanding Balance		% of Total Outstanding Balance Consumer Loans		Average Loan Balance		Number of Loans
CCBX consumer loans
Installment loans - cash secured	$	216,766	12.9	%
Installment loans - unsecured	521,555		31.0
Installment loans - total	738,321		43.9		$	0.4	1,851,498
Credit cards - cash secured	54		0.0
Credit cards - unsecured	753,117		44.8
Credit cards - total	753,171		44.8		1.5		500,348
Lines of credit	144,947		8.6		0.2		943,772
Other loans	35,511		2.1		0.1		284,612
Community bank consumer loans
Lines of credit	210		0.0		6.8		31
Installment loans	681		0.0		28.4		24
Other loans	9,869		0.6		25.0		395
Total	$	1,682,710	100.0	%	$	0.5	3,580,680

The following chart breaks out our consumer loan portfolio by segment and type of loan as of December 31, 2025. The largest portion of our consumer loan portfolio is comprised of CCBX installment loans and credit card loans. These loans are further divided to show the total secured and unsecured amounts in each of these categories. The average overall outstanding consumer loan balance is small at $809.


(dollars in thousands; unaudited)	Outstanding Balance		% of Total Outstanding Balance Consumer Loans		Average Loan Balance		Number of Loans
CCBX consumer loans
Installment loans - cash secured	$	162,072	12.2	%
Installment loans - unsecured	502,767		37.8
Installment loans - total	664,839		50.0		$	0.8	864,638
Credit cards - cash secured	56		0.0
Credit cards - unsecured	622,625		46.9
Credit cards - total	622,681		46.9		1.4		435,236
Lines of credit	10,027		0.8		0.1		89,736
Other loans	16,842		1.3		0.1		252,381
Community bank consumer loans
Lines of credit	140		0.0		4.5		31
Installment loans	3,010		0.2		111.5		27
Other loans	10,922		0.8		28.6		382
Total	$	1,328,461	100.0	%	$	0.8	1,642,431

Summary of an Age Analysis of Past Due Loans

The following tables illustrate an age analysis of past due loans as of the dates indicated:


	30-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total Loans		90 Days or More Past Due and Still Accruing
	(dollars in thousands; unaudited)
June 30, 2026
Community Bank
Commercial and industrial loans	$	119	$	84	$	203	$	236,973	$	237,176	$	—
Real estate loans:
Construction, land and land development	—		—		—		221,562		221,562		—
Residential real estate	64		—		64		199,466		199,530		—
Commercial real estate	106		4,344		4,450		1,315,348		1,319,798		—
Consumer and other loans	4		—		4		10,756		10,760		—
Total community bank	$	293	$	4,428	$	4,721	$	1,984,105	$	1,988,826	$	—
CCBX
Commercial and industrial loans:
Capital call lines	$	—	$	—	$	—	$	204,835	$	204,835	$	—
All other commercial & industrial loans	753		504		1,257		23,381		24,638		504
Real estate loans:
Residential real estate loans	2,475		1,446		3,921		$	320,952	$	324,873	1,446
Consumer and other loans:
Credit cards	30,450		32,862		63,312		$	689,859	$	753,171	27,077
Other consumer and other loans	35,519		32,329		67,848		850,931		918,779		9,472
Total CCBX	$	69,197	$	67,141	$	136,338	$	2,089,958	$	2,226,296	$	38,499
Total consolidated	$	69,490	$	71,569	$	141,059	$	4,074,063	4,215,122		$	38,499
Less net deferred origination fees and premiums									(6,852)
Loans receivable									$	4,208,270


	30-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total Loans		90 Days or More Past Due and Still Accruing
	(dollars in thousands; unaudited)
December 31, 2025
Community Bank
Commercial and industrial loans	$	150	$	2,070	$	2,220	$	222,219	$	224,439	$	—
Real estate loans:
Construction, land and land development	—		—		—		222,075		222,075		—
Residential real estate	286		—		286		202,007		202,293		—
Commercial real estate	107		4,344		4,451		1,281,405		1,285,856		—
Consumer and other loans	1		—		1		14,071		14,072		—
Total community bank	$	544	$	6,414	$	6,958	$	1,941,777	$	1,948,735	$	—
CCBX
Commercial and industrial loans:
Capital call lines	$	—	$	—	$	—	$	210,480	$	210,480	$	—
All other commercial & industrial loans	1,075		654		1,729		17,437		19,166		654
Real estate loans:
Residential real estate loans	3,125		1,961		5,086		$	258,973	$	264,059	$	1,961
Consumer and other loans:
Credit cards	27,752		26,632		54,384		$	568,297	$	622,681	$	22,536
Other consumer and other loans	38,187		8,078		46,265		$	645,443	$	691,708	$	7,993
Total CCBX	$	70,139	$	37,325	$	107,464	$	1,700,630	$	1,808,094	$	33,144
Total consolidated	$	70,683	$	43,739	$	114,422	$	3,642,407	$	3,756,829	$	33,144
Less net deferred origination fees and premiums									(7,298)
Loans receivable									$	3,749,531

Analysis of Nonaccrual Loans by Category

An analysis of nonaccrual loans by category consisted of the following at the periods indicated:


	June 30,						December 31,
	2026						2025
	Total Nonaccrual		Nonaccrual with No ACL		Nonaccrual with ACL		Total Nonaccrual		Nonaccrual with No ACL		Nonaccrual with ACL
	(dollars in thousands; unaudited)
Community Bank
Commercial and industrial loans	$	175	$	91	$	84	$	2,151	$	2,058	$	93
Real estate loans:

Residential real estate	1,705		1,705		—		38		38		—
Commercial real estate	4,344		4,344		—		4,344		4,344		—



Total community bank nonaccrual loans	$	6,224	$	6,140	$	84	$	6,533	$	6,440	$	93
CCBX
Commercial and industrial loans	$	68	$	—	$	68	$	127	$	—	$	127




Consumer and other loans:
Credit cards	26,670		—		26,670		21,433		—		21,433
Consumer and other consumer loans	3,729		—		3,729		2,875		—		2,875
Total CCBX nonaccrual loans	$	30,467	$	—	$	30,467	$	24,435	$	—	$	24,435
Total consolidated nonaccrual loans	$	36,691	$	6,140	$	30,551	$	30,968	$	6,440	$	24,528

Financing Receivable, Modified

The following tables present the CCBX loans at June 30, 2026 and December 31, 2025 that were both experiencing financial difficulty and were modified in the twelve months previous to the dates presented by class and by type of modification. The percentage of the loans that were modified to borrowers in financial distress as compared to the total CCBX loans of each class is also presented below.


June 30, 2026	Principal Forgiveness		Term Extension		Interest Rate Reduction		Principal Forgiveness & Payment Delay		Interest Rate Reduction & Payment Delay		Principal Forgiveness Payment Delay & Term Extension		Total		Total Class of Financing Receivable
	(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	—	$	487	$	—	$	60	$	—	$	8	$	555	2.25	%


Consumer and other loans:
Credit cards	12,324		—		30,779		—		3,724		—		46,827		6.22
Other consumer and other loans	—		3,086		—		3,603		—		61		6,750		0.73
Total	$	12,324	$	3,573	$	30,779	$	3,663	$	3,724	$	69	$	54,132	1.29	%


December 31, 2025	Principal Forgiveness		Term Extension		Interest Rate Reduction		Principal Forgiveness & Payment Delay		Interest Rate Reduction & Payment Delay		Principal Forgiveness, Payment Delay & Term Extension		Total		Total Class of Financing Receivable
	(dollars in thousands)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	—	$	763	$	—	$	4	$	—	$	—	$	767	4.00	%


Consumer and other loans:
Credit cards	13,780		—		32,566		—		685		—		47,031		7.55
Other consumer and other loans	—		4,087		—		832		—		15		4,934		0.71
Total	$	13,780	$	4,850	$	32,566	$	836	$	685	$	15	$	52,732	1.41	%

The Company has committed to lend additional amounts totaling $41,000 to the borrowers included in the table above as of June 30, 2026.

The performance of loans modified is monitored to understand the effectiveness of the modification efforts. The following tables present the performance of such loans that have been modified in the last 12 months previous to the dates presented:


June 30, 2026	30-89 Days Past Due		90 Days or More Past Due		Total Past Due
	(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	64	$	—	$	64


Consumer and other loans:
Credit cards	7,466		7,935		15,401
Other consumer and other loans	589		275		864
Total CCBX	$	8,119	$	8,210	$	16,329


December 31, 2025	30-89 Days Past Due		90 Days or More Past Due		Total Past Due
	(dollars in thousands)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	199	$	28	$	227


Consumer and other loans:
Credit cards	8,403		7,114		15,517
Other consumer and other loans	745		321		1,066
Total CCBX	$	9,347	$	7,463	$	16,810

The following tables present the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the preceding 12 months as of the dates indicated:


June 30, 2026	Principal Forgiveness		Weighted Average Interest Rate Reduction		Weighted Average Term Extension (years)
	(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	378	—	%	2.4


Consumer and other loans:
Credit cards	9,163		15.1		n/a
Other consumer and other loans	10,677		—		2.1
Total CCBX	$	20,218	15.1	%	2.1


December 31, 2025	Principal Forgiveness		Weighted Average Interest Rate Reduction		Weighted Average Term Extension (years)
	(dollars in thousands)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	224	—	%	2.0


Consumer and other loans:
Credit cards	9,062		14.4		n/a
Other consumer and other loans	5,904		—		2.0
Total CCBX	$	15,190	14.4	%	2.0

The following tables present the total of loans that had a payment default during the preceding 12 months and which were modified for borrowers experiencing financial difficulty in the twelve months prior to that default.


June 30, 2026	Principal Forgiveness		Term Extension		Interest Rate Reduction		Principal Forgiveness & Payment Delay		Interest Rate Reduction & Payment Delay		Total
	(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	—	$	64	$	—	$	—	—		$	64


Consumer and other loans:
Credit cards	10,707		—		20,425		—		1,115		32,247
Other consumer and other loans	—		682		—		287		—		969
Total	$	10,707	$	746	$	20,425	$	287	$	1,115	$	33,280


December 31, 2025	Principal Forgiveness		Term Extension		Interest Rate Reduction		Principal Forgiveness & Payment Delay		Interest Rate Reduction & Payment Delay		Principal Forgiveness, Payment Delay & Term Extension		Total
	(dollars in thousands)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	—	$	628	$	—	$	4	$	—	$	—	$	632


Consumer and other loans:
Credit cards	12,339		—		21,798		—		204		—		34,341
Other consumer and other loans	—		3,267		—		640		—		15		3,922
Total	$	12,339	$	3,895	$	21,798	$	644	$	204	$	15	$	38,895

Upon the Company’s determination that a modified loan (or portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is charged-off against the allowance for credit losses. Therefore, the loan balance is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount.

Credit Quality and Credit Risk

Federal regulations require that the Company periodically evaluate the risks inherent in its loan portfolio. In addition, the Company’s regulatory agencies have authority to identify problem loans and, if appropriate, require them to be reclassified. The Company establishes loan grades for loans at the origination of the loan. Changes to community bank loan grades are considered at the time new information about the performance of a loan becomes available, including the receipt of updated financial information from the borrower and after loan reviews. For consumer loans, the Bank follows the Federal Financial Institutions Examination Council’s Uniform Retail Credit Classification and Account Management Policy for subsequent classification in the event of payment delinquencies or default. Typically, an individual loan grade will not be changed from the prior period unless there is a specific indication of credit deterioration or improvement. Credit deterioration is evidenced by delinquency, direct communications with the borrower or other borrower information that becomes known to management. Credit improvements are evidenced by known facts regarding the borrower or the collateral property. The Company classifies some loans as Watch or Other Loans Especially Mentioned (“OLEM”). Loans classified as Watch are performing assets but have elements of risk that require more monitoring than other performing loans and are reported in the OLEM column in the following table. Loans classified as OLEM are assets that continue to perform but have shown deterioration in credit quality and require close monitoring. There are three classifications for problem loans: Substandard, Doubtful and Loss. Substandard loans have one or more defined weaknesses and are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Revolving (open-ended loans, such as credit cards) and installment (closed end) consumer loans originated through CCBX partners typically continue to accrue interest until they are charged-off at 120 days past due for installment loans (primarily unsecured loans to consumers) and 180 days past due for revolving loans (primarily credit cards) and are classified as substandard once they are 90 days past due. CCBX partners may place certain loans on nonaccrual status prior to achieving these past due timelines. Doubtful loans have the weaknesses of loans classified as Substandard, with additional characteristics that suggest the weaknesses make collection or recovery in full after liquidation of collateral questionable on the basis of currently existing facts, conditions and values. There is a high possibility of loss in loans classified as Doubtful. A loan classified as Loss is considered uncollectible and of such little value that continued classification of the credit as a loan is not warranted. If a loan or a portion thereof is classified as Loss, it must be charged-off, meaning the amount of the loss is charged against the allowance for credit losses, thereby reducing that reserve.

Summary of Loans by Credit Quality Risk Rating

The following tables show the risk category of community bank loans by year of origination for the periods indicated, based on the most recent analysis performed as of each period end:


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of June 30, 2026
Commercial and industrial loans
Risk rating
Pass	$	27,964	$	112,319	$	5,961	$	7,703	$	32,194	$	16,016	$	31,583	$	1,711	$	235,451
Other Loans Especially Mentioned	75		—		—		—		46		1,280		149		—		1,550
Substandard	—		—		19		16		—		—		140		—		175
Doubtful	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans - All other commercial and industrial loans	$	28,039	$	112,319	$	5,980	$	7,719	$	32,240	$	17,296	$	31,872	$	1,711	$	237,176
Year-to-date gross charge-offs	$	—	$	—	$	28	$	23	$	—	$	—	$	—	$	—	$	51


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of June 30, 2026
Real estate loans - Construction, land and land development loans
Risk rating
Pass	$	12,720	$	118,086	$	26,374	$	53,791	$	6,557	$	3,690	$	102	$	—	$	221,320
Other Loans Especially Mentioned	—		—		—		—		—		242		—		—		242
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Construction, land and land development loans	$	12,720	$	118,086	$	26,374	$	53,791	$	6,557	$	3,932	$	102	$	—	$	221,562
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


Real estate loans - Residential real estate loans
Risk rating
Pass	$	4,225	$	16,396	$	9,884	$	23,648	$	27,535	$	79,081	$	36,384	$	406	$	197,559
Other Loans Especially Mentioned	—		—		—		—		—		—		266		—		266
Substandard	—		—		1,398		—		271		—		36		—		1,705
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Residential real estate loans	$	4,225	$	16,396	$	11,282	$	23,648	$	27,806	$	79,081	$	36,686	$	406	$	199,530
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Real estate loans - Commercial real estate loans
Risk rating
Pass	$	104,239	$	94,909	$	57,203	$	227,927	$	253,638	$	540,856	$	9,526	$	1,763	$	1,290,061
Other Loans Especially Mentioned	—		—		15,390		—		5,537		4,466		—		—		25,393
Substandard	—		—		—		—		344		4,000		—		—		4,344
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Commercial real estate loans	$	104,239	$	94,909	$	72,593	$	227,927	$	259,519	$	549,322	$	9,526	$	1,763	$	1,319,798
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of June 30, 2026
Consumer and other loans - Other consumer and other loans
Risk rating
Pass	$	28	$	278	$	86	$	24	$	7,239	$	2,895	$	210	$	—	$	10,760
Other Loans Especially Mentioned	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total consumer and other loans - Other consumer and other loans	$	28	$	278	$	86	$	24	$	7,239	$	2,895	$	210	$	—	$	10,760
Year-to-date gross charge-offs	$	7	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	7

Total community bank loans receivable
Risk rating
Pass	$	149,176	$	341,988	$	99,508	$	313,093	$	327,163	$	642,538	$	77,805	$	3,880	$	1,955,151
Other Loans Especially Mentioned	75		—		15,390		—		5,583		5,988		415		—		27,451
Substandard	—		—		1,417		16		615		4,000		176		—		6,224
Doubtful	—		—		—		—		—		—		—		—		—
Total community bank loans	$	149,251	$	341,988	$	116,315	$	313,109	$	333,361	$	652,526	$	78,396	$	3,880	$	1,988,826
Year-to-date gross charge-offs	$	7	$	—	$	28	$	23	$	—	$	—	$	—	$	—	$	58


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2025
Commercial and industrial loans
Risk rating
Pass	$	131,644	$	8,897	$	33,940	$	10,279	$	2,389	$	5,363	$	25,929	$	2,256	$	220,697
Other Loans Especially Mentioned	—		—		—		—		1,216		—		375		—		1,591
Substandard	—		16		—		1,961		—		—		174		—		2,151
Doubtful	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans - All other commercial and industrial loans	$	131,644	$	8,913	$	33,940	$	12,240	$	3,605	$	5,363	$	26,478	$	2,256	$	224,439
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Real estate loans - Construction, land and land development loans
Risk rating
Pass	$	139,810	$	67,584	$	6,838	$	1,715	$	239	$	1,732	$	3,502	$	—	$	221,420
Other Loans Especially Mentioned	—		—		—		655		—		—		—		—		655
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Construction, land and land development loans	$	139,810	$	67,584	$	6,838	$	2,370	$	239	$	1,732	$	3,502	$	—	$	222,075
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2025


Real estate loans - Residential real estate loans
Risk rating
Pass	$	28,581	$	24,678	$	35,211	$	34,525	$	23,262	$	25,146	$	28,270	$	414	$	200,087
Other Loans Especially Mentioned	—		—		286		—		—		—		501		—		787
Substandard	1,381		—		—		—		—		—		38		—		1,419
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Residential real estate loans	$	29,962	$	24,678	$	35,497	$	34,525	$	23,262	$	25,146	$	28,809	$	414	$	202,293
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	13	$	—	$	—	$	13

Real estate loans - Commercial real estate loans
Risk rating
Pass	$	138,619	$	259,048	$	263,101	$	209,646	$	98,897	$	273,109	$	10,005	$	1,788	$	1,254,213
Other Loans Especially Mentioned	15,374		—		5,593		1,302		3,243		1,787		—		—		27,299
Substandard	—		—		344		—		4,000		—		—		—		4,344
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Commercial real estate loans	$	153,993	$	259,048	$	269,038	$	210,948	$	106,140	$	274,896	$	10,005	$	1,788	$	1,285,856
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2025

Consumer and other loans - Other consumer and other loans
Risk rating
Pass	$	2,526	$	32	$	7,394	$	—	$	206	$	2,710	$	1,204	$	—	$	14,072
Other Loans Especially Mentioned	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total consumer and other loans - Other consumer and other loans	$	2,526	$	32	$	7,394	$	—	$	206	$	2,710	$	1,204	$	—	$	14,072
Year-to-date gross charge-offs	$	29	$	15	$	—	$	—	$	—	$	—	$	—	$	—	$	44

Total community bank loans receivable
Risk rating
Pass	$	441,180	$	360,239	$	346,484	$	256,165	$	124,993	$	308,060	$	68,910	$	4,458	$	1,910,489
Other Loans Especially Mentioned	15,374		—		5,879		1,957		4,459		1,787		876		—		30,332
Substandard	1,381		16		344		1,961		4,000		—		212		—		7,914
Doubtful	—		—		—		—		—		—		—		—		—
Total community bank loans	$	457,935	$	360,255	$	352,707	$	260,083	$	133,452	$	309,847	$	69,998	$	4,458	$	1,948,735
Year-to-date gross charge-offs	$	29	$	15	$	—	$	—	$	—	$	13	$	—	$	—	$	57

The following tables present the loans in CCBX based on payment activity for the periods indicated:


	Term Loans Amortized Cost Basis by Origination Year
CCBX	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of June 30, 2026
Commercial and industrial loans - Capital call lines
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	204,835	$	—	$	204,835
Nonperforming	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans - Capital call lines	$	—	$	—	$	—	$	—	$	—	$	—	$	204,835	$	—	$	204,835
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial and industrial loans - All other commercial and industrial loans
Payment performance
Performing	$	—	$	—	$	—	$	7,696	$	1,174	$	1	$	15,195	$	—	$	24,066
Nonperforming	—		—		—		222		40		—		310		—		572
Total commercial and industrial loans - All other commercial and industrial loans	$	—	$	—	$	—	$	7,918	$	1,214	$	1	$	15,505	$	—	$	24,638
Year-to-date gross charge-offs	$	—	$	—	$	—	$	1,372	$	213	$	—	$	520	$	—	$	2,105

Real estate loans - Residential real estate loans
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	321,906	$	1,521	$	323,427
Nonperforming	—		—		—		—		—		—		1,446		—		1,446
Total real estate loans - Residential real estate loans	$	—	$	—	$	—	$	—	$	—	$	—	$	323,352	$	1,521	$	324,873
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	2,217	$	—	$	2,217


	Term Loans Amortized Cost Basis by Origination Year
CCBX	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of June 30, 2026
Consumer and other loans - Credit cards
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	699,402	$	22	$	699,424
Nonperforming	—		—		—		—		—		—		53,747		—		53,747
Total consumer and other loans - Credit cards	$	—	$	—	$	—	$	—	$	—	$	—	$	753,149	$	22	$	753,171
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	52,538	$	—	$	52,538

Consumer and other loans - Other consumer and other loans
Payment performance
Performing	$	374,985	$	226,658	$	110,076	$	50,558	$	14,936	$	589	$	127,776	$	—	$	905,578
Nonperforming	3,022		4,001		3,636		1,509		242		35		756		—		13,201
Total consumer and other loans - Other consumer and other loans	$	378,007	$	230,659	$	113,712	$	52,067	$	15,178	$	624	$	128,532	$	—	$	918,779
Year-to-date gross charge-offs	$	1,061	$	16,735	$	14,318	$	6,924	$	1,366	$	149	$	15,270	$	—	$	55,823


Total CCBX loans receivable
Payment performance
Performing	$	374,985	$	226,658	$	110,076	$	58,254	$	16,110	$	590	$	1,369,114	$	1,543	$	2,157,330
Nonperforming	3,022		4,001		3,636		1,731		282		35		56,259		—		68,966
Total CCBX loans	$	378,007	$	230,659	$	113,712	$	59,985	$	16,392	$	625	$	1,425,373	$	1,543	$	2,226,296
Year-to-date gross charge-offs	$	1,061	$	16,735	$	14,318	$	8,296	$	1,579	$	149	$	70,545	$	—	$	112,683


	Term Loans Amortized Cost Basis by Origination Year
CCBX	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2025
Commercial and industrial loans - Capital call lines
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	210,480	$	—	$	210,480
Nonperforming	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans - Capital call lines	$	—	$	—	$	—	$	—	$	—	$	—	$	210,480	$	—	$	210,480
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial and industrial loans - All other commercial and industrial loans
Payment performance
Performing	$	—	$	15	$	11,546	$	1,903	$	—	$	2	$	4,919	$	—	$	18,385
Nonperforming	—		—		364		85		—		—		332		—		781
Total commercial and industrial loans - All other commercial and industrial loans	$	—	$	15	$	11,910	$	1,988	$	—	$	2	$	5,251	$	—	$	19,166
Year-to-date gross charge-offs	$	—	$	18	$	5,164	$	817	$	4	$	4	$	816	$	—	$	6,823

Real estate loans - Residential real estate loans
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	260,146	$	1,952	$	262,098
Nonperforming	—		—		—		—		—		—		1,961		—		1,961
Total real estate loans - Residential real estate loans	$	—	$	—	$	—	$	—	$	—	$	—	$	262,107	$	1,952	$	264,059
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	4,923	$	—	$	4,923


	Term Loans Amortized Cost Basis by Origination Year
CCBX	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2025

Consumer and other loans - Credit cards
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	578,684	$	28	$	578,712
Nonperforming	—		—		—		—		—		—		43,969		—		43,969
Total consumer and other loans - Credit cards	$	—	$	—	$	—	$	—	$	—	$	—	$	622,653	$	28	$	622,681
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	109,468	$	—	$	109,468

Consumer and other loans - Other consumer and other loans
Payment performance
Performing	$	393,010	$	168,728	$	75,052	$	22,104	$	874	$	89	$	20,983	$	—	$	680,840
Nonperforming	2,336		3,870		3,416		818		126		10		292		—		10,868
Total consumer and other loans - Other consumer and other loans	$	395,346	$	172,598	$	78,468	$	22,922	$	1,000	$	99	$	21,275	$	—	$	691,708
Year-to-date gross charge-offs	$	9,522	$	36,940	$	23,660	$	7,840	$	734	$	2	$	17,220	$	—	$	95,918

Total CCBX loans receivable
Payment performance
Performing	$	393,010	$	168,743	$	86,598	$	24,007	$	874	$	91	$	1,075,212	$	1,980	$	1,750,515
Nonperforming	2,336		3,870		3,780		903		126		10		46,554		—		57,579
Total CCBX loans	$	395,346	$	172,613	$	90,378	$	24,910	$	1,000	$	101	$	1,121,766	$	1,980	$	1,808,094
Year-to-date gross charge-offs	$	9,522	$	36,958	$	28,824	$	8,657	$	738	$	6	$	132,427	$	—	$	217,132

Summary of Allocation of Allowance for Loan Loss as well as Activity in Allowance for Loan Loss Attributed to Various Segments in Loan

The following tables summarize the allocation of the ACL, as well as the activity in the ACL attributed to various segments in the loan portfolio, as of and for the three and six months ended June 30, 2026 and for the three and six months ended June 30, 2025:


	Commercial and Industrial		Construction, Land, and Land Development		Residential Real Estate		Commercial Real Estate		Consumer and Other		Total
	(dollars in thousands; unaudited)
Three Months Ended June 30, 2026
ACL balance, March 31, 2026	$	7,728	$	6,101	$	8,498	$	6,010	$	144,090	$	172,427

Provision for credit losses or (recapture)	12		(2,111)		3,671		(298)		90,658		91,932
	7,740		3,990		12,169		5,712		234,748		264,359
Loans charged-off	(1,010)		—		(1,512)		—		(55,696)		(58,218)
Recoveries of loans previously charged-off	152		—		2		—		7,429		7,583
Net charge-offs	(858)		—		(1,510)		—		(48,267)		(50,635)
ACL balance, June 30, 2026	$	6,882	$	3,990	$	10,659	$	5,712	$	186,481	$	213,724

Six Months Ended June 30, 2026
ACL balance, December 31, 2025	$	8,757	$	6,580	$	11,100	$	5,496	$	137,597	$	169,530

Provision for credit losses or (recapture)	(33)		(2,590)		1,762		216		145,061		144,416
	8,724		3,990		12,862		5,712		282,658		313,946
Loans charged-off	(2,156)		—		(2,217)		—		(108,368)		(112,741)
Recoveries of loans previously charged-off	314		—		14		—		12,191		12,519
Net charge-offs	(1,842)		—		(2,203)		—		(96,177)		(100,222)
ACL balance, June 30, 2026	$	6,882	$	3,990	$	10,659	$	5,712	$	186,481	$	213,724


Three Months Ended June 30, 2025
ACL balance, March 31, 2025	$	10,066	$	4,531	$	13,443	$	8,110	$	147,028	$	183,178

Provision for credit losses or (recapture)	221		734		239		(810)		30,545		30,929
	10,287		5,265		13,682		7,300		177,573		214,107
Loans charged-off	(1,738)		—		(1,552)		—		(50,490)		(53,780)
Recoveries of loans previously charged-off	205		—		94		—		4,168		4,467
Net (charge-offs) recoveries	(1,533)		—		(1,458)		—		(46,322)		(49,313)
ACL Balance, June 30, 2025	$	8,754	$	5,265	$	12,224	$	7,300	$	131,251	$	164,794

Six Months Ended June 30, 2025
ACL balance, December 31, 2024	$	11,051	$	3,439	$	12,250	$	8,456	$	141,798	$	176,994

Provision for credit losses or (recapture)	787		1,826		3,035		(1,160)		80,825		85,313
	11,838		5,265		15,285		7,296		222,623		262,307
Loans charged-off	(3,645)		—		(3,157)		—		(100,664)		(107,466)
Recoveries of loans previously charged-off	561		—		96		4		9,292		9,953
Net charge-offs	(3,084)		—		(3,061)		4		(91,372)		(97,513)
ACL Balance, June 30, 2025	$	8,754	$	5,265	$	12,224	$	7,300	$	131,251	$	164,794

There was a provision for unfunded commitments of $213,000 and provision recapture of $1.1 million for the three and six months ended June 30, 2026, compared to a provision for unfunded commitments of $1.5 million and $2.1 million for the three and six months ended June 30, 2025, respectively.

There was a provision for accrued interest receivable on CCBX loans of $12,000 and $23,000 for the three and six months ended June 30, 2026, respectively, compared to a provision recapture of $182,000 and a provision of $602,000 for the three and six months ended June 30, 2025, respectively. There was a provision for accounts receivable of zero and $252,000 for the three and six months ended June 30, 2026, respectively with no such provision for the three and six months ended June 30, 2025.

The following tables present the collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related ACL allocated to these loans as of the dates indicated:


	Real Estate		Business Assets		Total		ACL
	(dollars in thousands; unaudited)
June 30, 2026
Commercial and industrial loans	$	—	$	103	$	103	$	84
Real estate loans:

Residential real estate	1,434		—		1,434		—
Commercial real estate	4,344		—		4,344		—
Total	$	5,778	$	103	$	5,881	$	84


	Real Estate		Business Assets		Total		ACL
	(dollars in thousands; unaudited)
December 31, 2025
Commercial and industrial loans	$	—	$	190	$	190	$	93
Real estate loans:

Residential real estate	$	39	$	—	$	39	$	—
Commercial real estate	4,344		—		4,344		—
Total	$	4,383	$	190	$	4,573	$	93