v3.26.1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets:    
Cash and cash equivalents $ 242,183 $ 235,887
Securities available-for-sale, at fair value 240,146 246,505
Securities held-to-maturity, at cost (fair value of $51,111 and $55,500, at June 30, 2026 and December 31, 2025, respectively) 56,099 60,193
Securities, restricted, at cost 3,196 3,173
Loans held for investment 1,902,271 1,758,427
Less: allowance for credit losses (24,724) (24,022)
Loans, net of allowance 1,877,547 1,734,405
Premises and equipment, net 3,980 4,379
Accrued interest receivable 13,572 12,640
Other assets 74,295 68,479
Total assets 2,511,018 2,365,661
Deposits:    
Demand 552,131 576,455
Savings, NOW and money market 1,621,790 1,480,380
Time 5,772 6,172
Total deposits 2,179,693 2,063,007
Accrued expenses and other liabilities 17,475 13,056
Total liabilities 2,197,168 2,076,063
Commitments and contingencies
Stockholders' equity:    
Preferred stock, par value $0.01; authorized 2,000,000 shares; none issued
Common stock, par value $0.01; authorized 15,000,000 shares; 8,807,258 and 8,708,923 shares issued, respectively; and 8,649,400 and 8,552,405 shares outstanding, respectively 88 87
Additional paid-in capital 113,872 109,889
Retained earnings 219,503 197,787
Accumulated other comprehensive loss (9,784) (8,489)
Treasury stock at cost (157,858 and 156,518 shares, respectively) (9,829) (9,676)
Total stockholders' equity 313,850 289,598
Total liabilities and stockholders' equity $ 2,511,018 $ 2,365,661