v3.26.1
Loans and Allowance for Credit Losses on Loans - Credit Risk Profile of Loan Portfolio (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Credit risk profile of portfolio          
2026/2025 $ 1,450,403   $ 1,450,403   $ 2,184,666
2025/2024 1,419,838   1,419,838   852,702
2024/2023 642,008   642,008   558,230
2023/2022 443,024   443,024   358,046
2022/2021 356,211   356,211   95,763
Prior 137,819   137,819   81,704
Revolving Loans 7,889,300   7,889,300   6,903,571
Total Loans 12,338,603   12,338,603   11,034,682
Net Charge-Offs          
Charge-offs 2025/2024         302
Charge-offs 2024/2023     2,061   43,200
Charge-offs 2023/2022         65,565
Charge-offs 2022/2021     21,788   6,856
Charge-offs Prior     15,662   8,193
Total Charge-offs 16,532 $ 46,063 39,511 $ 56,570 124,116
Pass          
Credit risk profile of portfolio          
2026/2025 1,407,128   1,407,128   2,033,921
2025/2024 1,294,918   1,294,918   754,660
2024/2023 598,545   598,545   452,952
2023/2022 314,877   314,877   259,825
2022/2021 292,128   292,128   66,233
Prior 127,588   127,588   81,181
Revolving Loans 7,858,690   7,858,690   6,877,721
Total Loans 11,893,874   11,893,874   10,526,493
Special Mention          
Credit risk profile of portfolio          
2026/2025 27,086   27,086   88,842
2025/2024 60,043   60,043   89,527
2024/2023 34,933   34,933   561
2023/2022 48,619   48,619   22,426
2022/2021 26,283   26,283   883
Prior 964   964   374
Revolving Loans 16,858   16,858   2,305
Total Loans 214,786   214,786   204,918
Substandard          
Credit risk profile of portfolio          
2026/2025 16,189   16,189   61,903
2025/2024 64,877   64,877   8,515
2024/2023 8,530   8,530   104,717
2023/2022 79,528   79,528   75,795
2022/2021 37,800   37,800   28,647
Prior 9,267   9,267   149
Revolving Loans 13,752   13,752   23,545
Total Loans 229,943   229,943   303,271
MTG WHRA          
Credit risk profile of portfolio          
Revolving Loans 2,168,175   2,168,175   1,600,285
Total Loans 2,168,175   2,168,175   1,600,285
MTG WHRA | Pass          
Credit risk profile of portfolio          
Revolving Loans 2,168,175   2,168,175   1,600,285
Total Loans 2,168,175   2,168,175   1,600,285
RES RE          
Credit risk profile of portfolio          
2026/2025 28,067   28,067   66,511
2025/2024 72,619   72,619   33,386
2024/2023 30,802   30,802   22,076
2023/2022 16,745   16,745   6,400
2022/2021 6,271   6,271   4,608
Prior 24,274   24,274   21,412
Revolving Loans 899,580   899,580   864,387
Total Loans 1,078,358   1,078,358   1,018,780
Net Charge-Offs          
Charge-offs 2024/2023     431    
Charge-offs 2022/2021     22    
Total Charge-offs 217   453    
RES RE | Pass          
Credit risk profile of portfolio          
2026/2025 28,067   28,067   66,511
2025/2024 72,619   72,619   33,386
2024/2023 30,662   30,662   21,645
2023/2022 16,309   16,309   6,378
2022/2021 6,271   6,271   4,608
Prior 24,274   24,274   21,283
Revolving Loans 895,982   895,982   857,288
Total Loans 1,074,184   1,074,184   1,011,099
RES RE | Substandard          
Credit risk profile of portfolio          
2024/2023 140   140   431
2023/2022 436   436   22
Prior         129
Revolving Loans 3,598   3,598   7,099
Total Loans 4,174   4,174   7,681
MF FIN          
Credit risk profile of portfolio          
2026/2025 907,804   907,804   1,303,074
2025/2024 944,884   944,884   730,697
2024/2023 538,994   538,994   428,351
2023/2022 373,432   373,432   286,797
2022/2021 289,850   289,850   22,868
Prior 21,409   21,409   9,523
Revolving Loans 2,779,104   2,779,104   2,551,370
Total Loans 5,855,477   5,855,477   5,332,680
Net Charge-Offs          
Charge-offs 2024/2023     1,630   42,884
Charge-offs 2023/2022         65,405
Charge-offs 2022/2021     21,766    
Charge-offs Prior     2,797   5,992
Total Charge-offs 15,717 38,309 26,193 48,703 114,281
MF FIN | Pass          
Credit risk profile of portfolio          
2026/2025 873,562   873,562   1,193,011
2025/2024 852,539   852,539   650,672
2024/2023 496,617   496,617   348,888
2023/2022 246,372   246,372   189,881
2022/2021 227,015   227,015   22,868
Prior 21,409   21,409   9,291
Revolving Loans 2,770,251   2,770,251   2,539,144
Total Loans 5,487,765   5,487,765   4,953,755
MF FIN | Special Mention          
Credit risk profile of portfolio          
2026/2025 18,053   18,053   70,127
2025/2024 59,518   59,518   71,723
2024/2023 34,162   34,162    
2023/2022 48,083   48,083   21,924
2022/2021 25,785   25,785    
Prior         232
Revolving Loans 3,799   3,799   1,630
Total Loans 189,400   189,400   165,636
MF FIN | Substandard          
Credit risk profile of portfolio          
2026/2025 16,189   16,189   39,936
2025/2024 32,827   32,827   8,302
2024/2023 8,215   8,215   79,463
2023/2022 78,977   78,977   74,992
2022/2021 37,050   37,050    
Revolving Loans 5,054   5,054   10,596
Total Loans 178,312   178,312   213,289
HC FIN          
Credit risk profile of portfolio          
2026/2025 455,070   455,070   729,456
2025/2024 327,193   327,193   24,610
2024/2023 17,834   17,834   56,996
2023/2022 7,081   7,081    
2022/2021         20,317
Prior 8,050   8,050    
Revolving Loans 488,369   488,369   553,980
Total Loans 1,303,597   1,303,597   1,385,359
Net Charge-Offs          
Charge-offs 2022/2021         5,296
Charge-offs Prior     12,267   2,201
Total Charge-offs   7,497 12,267 7,497 7,497
HC FIN | Pass          
Credit risk profile of portfolio          
2026/2025 446,070   446,070   693,986
2025/2024 295,143   295,143   6,922
2024/2023 17,834   17,834   32,305
2023/2022 7,081   7,081    
Revolving Loans 470,810   470,810   548,130
Total Loans 1,236,938   1,236,938   1,281,343
HC FIN | Special Mention          
Credit risk profile of portfolio          
2026/2025 9,000   9,000   13,503
2025/2024         17,688
Revolving Loans 12,459   12,459    
Total Loans 21,459   21,459   31,191
HC FIN | Substandard          
Credit risk profile of portfolio          
2026/2025         21,967
2025/2024 32,050   32,050    
2024/2023         24,691
2022/2021         20,317
Prior 8,050   8,050    
Revolving Loans 5,100   5,100   5,850
Total Loans 45,200   45,200   72,825
CML & CRE          
Credit risk profile of portfolio          
2026/2025 50,769   50,769   70,701
2025/2024 62,373   62,373   48,444
2024/2023 40,068   40,068   43,781
2023/2022 39,836   39,836   60,280
2022/2021 56,217   56,217   45,163
Prior 63,069   63,069   30,929
Revolving Loans 1,525,095   1,525,095   1,304,253
Total Loans 1,837,427   1,837,427   1,603,551
Net Charge-Offs          
Charge-offs 2025/2024         302
Charge-offs 2024/2023         316
Charge-offs 2023/2022         160
Charge-offs 2022/2021         1,560
Charge-offs Prior     598    
Total Charge-offs 598 $ 257 598 $ 370 2,338
CML & CRE | Pass          
Credit risk profile of portfolio          
2026/2025 50,736   50,736   65,578
2025/2024 61,936   61,936   48,115
2024/2023 39,122   39,122   43,092
2023/2022 39,185   39,185   59,178
2022/2021 55,150   55,150   35,950
Prior 60,888   60,888   30,767
Revolving Loans 1,524,495   1,524,495   1,303,578
Total Loans 1,831,512   1,831,512   1,586,258
CML & CRE | Special Mention          
Credit risk profile of portfolio          
2026/2025 33   33   5,123
2025/2024 437   437   116
2024/2023 771   771   561
2023/2022 536   536   502
2022/2021 498   498   883
Prior 964   964   142
Revolving Loans 600   600   675
Total Loans 3,839   3,839   8,002
CML & CRE | Substandard          
Credit risk profile of portfolio          
2025/2024         213
2024/2023 175   175   128
2023/2022 115   115   600
2022/2021 569   569   8,330
Prior 1,217   1,217   20
Total Loans 2,076   2,076   9,291
AG & AGRE          
Credit risk profile of portfolio          
2026/2025 8,564   8,564   14,791
2025/2024 12,675   12,675   15,457
2024/2023 14,262   14,262   7,011
2023/2022 5,919   5,919   4,567
2022/2021 3,873   3,873   2,807
Prior 21,017   21,017   19,840
Revolving Loans 25,299   25,299   27,604
Total Loans 91,609   91,609   92,077
AG & AGRE | Pass          
Credit risk profile of portfolio          
2026/2025 8,564   8,564   14,702
2025/2024 12,587   12,587   15,457
2024/2023 14,262   14,262   7,007
2023/2022 5,919   5,919   4,386
2022/2021 3,692   3,692   2,807
Prior 21,017   21,017   19,840
Revolving Loans 25,299   25,299   27,604
Total Loans 91,340   91,340   91,803
AG & AGRE | Special Mention          
Credit risk profile of portfolio          
2026/2025         89
2025/2024 88   88    
Total Loans 88   88   89
AG & AGRE | Substandard          
Credit risk profile of portfolio          
2024/2023         4
2023/2022         181
2022/2021 181   181    
Total Loans 181   181   185
CON & MAR          
Credit risk profile of portfolio          
2026/2025 129   129   133
2025/2024 94   94   108
2024/2023 48   48   15
2023/2022 11   11   2
Revolving Loans 3,678   3,678   1,692
Total Loans 3,960   3,960   1,950
CON & MAR | Pass          
Credit risk profile of portfolio          
2026/2025 129   129   133
2025/2024 94   94   108
2024/2023 48   48   15
2023/2022 11   11   2
Revolving Loans 3,678   3,678   1,692
Total Loans $ 3,960   $ 3,960   $ 1,950