v3.26.1
ALLOWANCE FOR CREDIT LOSSES FOR LOANS (Tables)
6 Months Ended
Jun. 30, 2026
ALLOWANCE FOR CREDIT LOSSES FOR LOANS  
Schedule of allowance for credit losses for loan

Commercial

Construction

Commercial

Reserve for

  ​ ​ ​

and industrial

  ​ ​ ​

and land

  ​ ​ ​

real estate

  ​ ​ ​

Residential

  ​ ​ ​

Consumer

  ​ ​ ​

Total

  ​ ​ ​

unfunded commitments

Three months ended June 30, 2026

  ​

  ​

  ​

  ​

  ​

  ​

  ​

Allowance for credit losses

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Beginning balance

$

4,083

$

527

$

14,056

$

1,922

$

12

$

20,600

$

335

Charge-offs

 

(25)

 

 

(2,862)

 

 

 

(2,887)

 

Recoveries

 

41

 

 

 

 

 

41

 

(Reversal of) provision for credit losses

  ​

(377)

(4)

4,616

967

(6)

 

5,196

45

Ending balance

$

3,722

$

523

$

15,810

$

2,889

$

6

$

22,950

$

380

Six months ended June 30, 2026

  ​

Allowance for credit losses:

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Beginning balance

$

4,173

$

470

$

14,601

$

1,957

$

9

$

21,210

$

410

Charge-offs

 

(25)

 

 

(2,878)

 

 

(1)

 

(2,904)

 

Recoveries

 

43

 

 

 

 

43

 

(Reversal of) provision for credit losses

 

(469)

53

4,087

932

(2)

 

4,601

(30)

Ending balance

$

3,722

$

523

$

15,810

$

2,889

$

6

$

22,950

$

380

June 30, 2026

Allowance for credit losses:

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Loans individually evaluated

$

$

$

2,911

$

$

$

2,911

Loans collectively evaluated

 

3,722

 

523

 

12,434

 

2,889

 

6

 

19,574

PCD loans

 

 

 

465

 

 

 

465

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

Loans receivable:

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

Individually evaluated

$

$

$

9,896

$

$

$

9,896

Collectively evaluated

 

156,003

 

10,143

 

1,714,867

 

169,719

 

1,164

 

2,051,896

PCD loans

 

 

 

12,845

 

67

 

 

12,912

Total loans

$

156,003

$

10,143

$

1,737,608

$

169,786

$

1,164

$

2,074,704

Commercial

Construction

Commercial

Reserve for

  ​ ​ ​

and industrial

  ​ ​ ​

and land

  ​ ​ ​

real estate

  ​ ​ ​

Residential

  ​ ​ ​

Consumer

Total

  ​ ​ ​

unfunded commitments

Three months ended June 30, 2025

  ​

  ​

  ​

  ​

  ​

  ​

  ​

Allowance for credit losses

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

  ​

 

  ​

Beginning balance

$

4,951

$

21

$

11,860

$

1,661

$

7

$

18,500

$

540

Charge-offs

 

(93)

 

 

(2)

 

(95)

 

Recoveries

 

13

 

 

68

 

1

 

 

82

 

(Reversal of) provision for credit losses

 

(404)

 

120

 

399

 

99

 

(1)

 

213

 

(10)

Ending balance

$

4,467

$

141

$

12,327

$

1,761

$

4

$

18,700

$

530

Six months ended June 30, 2025

  ​

Allowance for credit losses:

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

  ​

 

  ​

Beginning balance

$

4,681

$

72

$

11,365

$

1,780

$

2

$

17,900

$

600

Charge-offs

 

(193)

 

 

 

(1)

 

(5)

 

(199)

 

Recoveries

 

15

 

 

68

1

 

 

84

 

(Reversal of) provision for credit losses

(36)

69

894

(19)

7

 

915

(70)

Ending balance

$

4,467

$

141

$

12,327

$

1,761

$

4

$

18,700

$

530

 

June 30, 2025

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Allowance for credit losses:

Loans individually evaluated

$

248

$

$

591

$

$

$

839

Loans collectively evaluated

 

4,219

 

141

 

11,499

 

1,760

 

4

 

17,623

PCD loans

 

 

 

237

 

1

 

 

238

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Loans receivable:

Individually evaluated

$

889

$

$

16,383

$

929

$

$

18,201

Collectively evaluated

 

181,264

 

2,589

 

1,675,116

 

104,465

 

611

 

1,964,045

PCD loans

 

 

 

17,216

 

161

 

 

17,377

Total loans

$

182,153

$

2,589

$

1,708,715

$

105,555

$

611

$

1,999,623

Schedule of amortized cost basis of individually evaluated collateral-dependent non-accrual loans by loan and collateral type

Retail and

  ​ ​ ​

Office

  ​ ​ ​

Hotel

  ​ ​ ​

Other

SFR 1-4

  ​ ​ ​

Total

  ​ ​ ​

ACL

June 30, 2026

  ​

  ​

  ​

  ​

  ​

  ​

Commercial real estate

$

5,330

$

2,417

$

2,149

$

$

9,896

$

2,911

Total

$

5,330

$

2,417

$

2,149

$

$

9,896

$

2,911

December 31, 2025

  ​

  ​

  ​

  ​

  ​

  ​

Commercial real estate

$

3,338

$

9,462

$

1,352

$

$

14,152

$

1,428

Residential

 

711

711

 

Total

$

3,338

$

9,462

$

1,352

$

711

$

14,863

$

1,428

Schedule of amortized cost and allowance for credit losses for loans on non-accrual status

As of June 30, 2026

As of December 31, 2025

Nonaccrual

Nonaccrual

Nonaccrual

Nonaccrual

with no allowance

with allowance

Total

with no allowance

with allowance

Total

  ​ ​ ​

for credit losses

  ​ ​ ​

for credit losses

  ​ ​ ​

nonaccrual

  ​ ​ ​

for credit losses

  ​ ​ ​

for credit losses

  ​ ​ ​

nonaccrual

Commercial and industrial

 

$

$

748

$

748

$

$

839

$

839

Commercial real estate

2,105

 

6,250

8,355

 

5,891

 

5,997

11,888

Residential

 

 

1

1

711

 

5

716

Total

$

2,105

$

6,999

$

9,104

$

6,602

$

6,841

$

13,443