v3.26.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Changes in Goodwill
The following table presents changes in the carrying amount of goodwill for the three and six months ended June 30, 2026 and 2025:
Three Months Ended
June 30, 		Six Months Ended
June 30,
(dollars in thousands)2026202520262025
Balance, beginning of period$110,934 $111,780 $110,934 $111,787 
Adjustments to goodwill(1)
— (846)— (853)
Balance, end of period$110,934 $110,934 $110,934 $110,934 
(1)During the three months ended June 30, 2025, goodwill adjustments were related to recoveries on acquired PCD loans previously charged-off prior to the merger with the predecessor California BanCorp. During the six months ended June 30, 2025, the goodwill adjustments were related to a true-up of the low-income housing tax credit investments acquired from the merger with the predecessor California BanCorp, offset by its state net operating losses that cannot be utilized post-merger and aforementioned recoveries on acquired PCD loans previously charged-off prior to the merger with the predecessor California BanCorp.
Schedule of Changes in Core Deposit Intangibles The following table presents the changes in intangible assets for the three and six months ended June 30, 2026 and 2025.
Three Months Ended
June 30, 		Six Months Ended
June 30,
(dollars in thousands)2026202520262025
Gross balance, beginning of period$27,138 $27,138 $27,138 $27,138 
Additions
— — — — 
Gross balance, end of period$27,138 $27,138 $27,138 $27,138 
Accumulated amortization:
Balance, beginning of period$(9,458)$(5,815)$(8,658)$(4,867)
Amortization(800)(948)(1,600)(1,896)
Balance, end of period(10,258)(6,763)(10,258)(6,763)
Intangible assets, net, end of period
$16,880 $20,375 $16,880 $20,375 
Schedule of Future Estimated Amortization Expense
Future estimated amortization expense is as follows:
(dollars in thousands)Amount
Remainder of 2026$1,538 
20272,761 
20282,465 
20292,160 
20302,003 
Thereafter5,953 
$16,880