v3.26.1
Employee Benefits (Tables)
6 Months Ended
Jun. 30, 2026
Employee Benefits  
Schedule of share information held by the ESOP

As of

June 30, 2026

December 31, 2025

(Dollars in thousands)

Allocated shares

341,646

170,823

Shares committed to be released

84,709

170,823

Unallocated shares

2,990,103

3,074,812

Total shares

3,416,458

3,416,458

Fair value of unallocated shares

$

63,181

$

60,943

Schedule of restricted stock award activities

Three Months Ended June 30, 2026

Three Months Ended June 30, 2025

Number of Shares

Weighted-Average Grant Date Fair Value Per Share

Number of Shares

Weighted-Average Grant Date Fair Value Per Share

Non-vested balance at beginning of period

1,568,084

$

17.36

$

Granted

1,284,525

16.41

Vested

(256,899)

16.41

Forfeited

(27,961)

16.41

Non-vested balance at end of period

1,283,224

$

17.57

1,284,525

$

16.41

Six Months Ended June 30, 2026

Six Months Ended June 30, 2025

Number of Shares

Weighted-Average Grant Date Fair Value Per Share

Number of Shares

Weighted-Average Grant Date Fair Value Per Share

Non-vested balance at beginning of period

1,284,525

$

16.41

$

Granted

283,559

21.64

1,284,525

16.41

Vested

(256,899)

16.41

Forfeited

(27,961)

16.41

Non-vested balance at end of period

1,283,224

$

17.57

1,284,525

$

16.41

Schedule of compensation expense and income tax benefits recognized for restricted stock awards

Three Months Ended

Six Months Ended

Three Months Ended

Six Months Ended

June 30, 2026

June 30, 2025

(in thousands)

Stock-based compensation expense:

Restricted stock awards

$

1,737

$

3,180

$

787

$

787

Total stock-based compensation expense

$

1,737

$

3,180

$

787

$

787

Related tax benefits recognized in earnings

$

$

$

$