v3.26.1
INCOME TAXES (Tables)
6 Months Ended
Jun. 30, 2026
INCOME TAXES  
Schedule of income tax provision (benefit)

  ​ ​ ​

Six Months Ended

Three Months Ended

June 30, 

June 30, 

2026

  ​ ​ ​

2025

2026

  ​ ​ ​

2025

Current

$

15,584

 

1,583

$

9,915

 

1,770

Change in valuation allowance

 

 

 

 

Deferred

 

30,483

 

31,327

 

23,707

 

29,790

Income tax provision

$

46,067

 

32,910

$

33,622

 

31,560

Schedule of income tax paid

Six Months Ended

Three Months Ended

  ​ ​ ​

June 30, 2026

  ​ ​ ​

June 30, 2026

Federal

$

$

Summary of net deferred tax asset

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

Deferred tax assets:

 

  ​

 

  ​

Net operating loss carryforward

$

269,037

$

357,279

Allowance for credit losses

 

93,596

 

93,436

Net unrealized loss on available-for sale securities

 

30,829

 

27,329

Book/tax depreciation differences

 

24,671

 

18,586

Other

 

151,575

 

146,741

Total deferred tax assets

$

569,708

$

643,371

Deferred tax liabilities:

 

  ​

 

  ​

FHLB stock dividends

 

25,769

 

25,769

Other

 

7,091

 

53,771

Total deferred tax liabilities

$

32,860

$

79,540

Valuation allowance

 

(45,450)

 

(45,450)

Net deferred tax asset

$

491,398

$

518,381