v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS:    
Cash and due from banks $ 7,892 $ 6,027
Interest-bearing deposits in banks 110,262 32,450
Total cash and cash equivalents 118,154 38,477
Investment securities held to maturity, net of allowance of $0 and $2, respectively (fair value of $124,177 and $142,508, respectively) 136,127 153,941
Investment securities available for sale, at fair value 332,859 307,490
Federal Home Loan Bank stock, at cost 13,395 9,323
Loans held for investment, net of allowance of $26,701 and $25,500, respectively 2,295,684 2,163,757
Accrued interest receivable 11,670 11,661
Premises and equipment, net 4,664 4,247
Bank owned life insurance 60,427 59,424
Deferred tax assets, net 17,512 18,046
Lease right-of-use asset 12,625 5,519
Other assets 16,584 19,655
Total assets 3,019,701 2,791,540
Deposits:    
Non-interest bearing demand deposits 618,062 583,860
Savings and money market deposits 1,251,598 1,186,422
Interest-bearing demand deposits 49,721 46,989
Time deposits 532,890 527,809
Total deposits 2,452,271 2,345,080
Federal Home Loan Bank advances 240,900 158,250
Subordinated notes, net 39,376 39,300
Lease liability 12,625 5,519
Accrued interest and other liabilities 41,291 26,208
Total liabilities 2,786,463 2,574,357
Commitments and contingencies (See Notes 6 and 11)
STOCKHOLDERS' EQUITY:    
Additional paid-in capital on common stock 281,864 278,852
Accumulated deficit (35,690) (49,542)
Accumulated other comprehensive loss (31,395) (30,265)
Total stockholders' equity 233,238 217,183
Total liabilities and stockholders' equity 3,019,701 2,791,540
Preferred Stock Class C [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Preferred Stock Class D [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Preferred Stock Class E [Member]    
STOCKHOLDERS' EQUITY:    
Preferred stock 0 0
Common Class A [Member]    
STOCKHOLDERS' EQUITY:    
Common stock 18,459 18,138
Common Class B [Member]    
STOCKHOLDERS' EQUITY:    
Common stock $ 0 $ 0