v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 331,206 $ 212,841
Securities available for sale, at fair value (amortized cost of $962,255 and $941,760 as of June 30, 2026 and December 31, 2025, respectively) 896,610 880,624
Loans held for sale, at the lower of cost or fair value 16,969 7,403
Loans, net of allowance for credit losses of $70,475 and $69,903 as of June 30, 2026 and December 31, 2025, respectively 6,464,837 6,493,465
Accrued interest receivable 24,613 24,466
Premises and equipment, net 20,251 20,378
Customers' liability on acceptances 116 125
Servicing assets 6,419 6,459
Goodwill 11,031 11,031
Federal Home Loan Bank ("FHLB") stock, at cost 16,385 16,385
Income tax assets 53,555 40,467
Bank-owned life insurance 56,048 56,697
Prepaid expenses and other assets 103,433 98,844
Total assets 8,001,473 7,869,185
Deposits:    
Noninterest-bearing 2,135,418 2,015,212
Interest-bearing 4,819,924 4,662,438
Total deposits 6,955,342 6,677,650
Accrued interest payable 27,530 34,783
Bank's liability on acceptances 116 125
Borrowings   150,000
Subordinated debentures 130,773 130,463
Accrued expenses and other liabilities 75,032 79,778
Total liabilities 7,188,793 7,072,799
Stockholders' equity:    
Preferred stock, $0.001 par value; authorized 10,000,000 shares; no shares issued as of June 30, 2026 and December 31, 2025
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 34,445,437 shares (29,650,306 shares outstanding) and 34,287,779 shares (29,894,757 shares outstanding) as of June 30, 2026 and December 31, 2025, respectively 34 34
Additional paid-in capital 596,303 594,667
Accumulated other comprehensive loss, net of tax benefit of $19,093 and $17,822 as of June 30, 2026 and December 31, 2025, respectively (46,552) (43,175)
Retained earnings 423,499 394,335
Less treasury stock; 4,795,131 shares and 4,393,022 shares as of June 30, 2026 and December 31, 2025, respectively (160,604) (149,475)
Total stockholders' equity 812,680 796,386
Total liabilities and stockholders' equity $ 8,001,473 $ 7,869,185