v3.26.1
Segment Information
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Information
12.
Segment Information

The Company’s revenue, from continuing operations, is primarily derived from the business of traditional banking. Revenues from traditional banking operations consist primarily of interest and fees earned on loans held for investment, interest earned on securities, and fees from deposit and other banking services. The Company’s financial performance is monitored on a consolidated basis by senior management and by the Chief Operating Decision Maker (“CODM”), identified as the Chief Financial Officer.

All of the Company’s financial results are similar and aggregated into one reportable operating segment. While the Company has assigned certain management responsibilities by branch location or department, the Company’s CODM evaluates financial performance on a Company-wide basis.

On December 31, 2025, the Bank entered into an agreement to sell substantially all the assets and liabilities of the Bank’s mortgage banking segment, NOLA Lending Group. The sale closed on March 1, 2026. As a result, the mortgage banking operations are presented as discontinued operations for all periods presented, and the Company no longer reports mortgage banking as a separate operating or reportable segment.

Refer to Note 2. Discontinued Operations for additional information.