Loans Held for Investment (Tables)
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9 Months Ended |
Sep. 30, 2026 |
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| Loans Held for Investment |
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| Summary of loans held for investment by portfolio segment |
Loans held for investment summarized by portfolio segment are as follows (in thousands). | | | | | | | | | | September 30, | | December 31, | | | | 2026 | | 2025 | | Commercial real estate: | | | | | | | | Non-owner occupied | | $ | 2,284,984 | | $ | 2,121,087 | | Owner occupied | | | 1,574,656 | | | 1,533,173 | | Commercial and industrial | | | 1,605,810 | | | 1,526,467 | | Construction and land development | | | 972,122 | | | 894,011 | | 1-4 family residential | | | 1,951,905 | | | 1,861,654 | | Consumer | | | 27,251 | | | 31,027 | | Broker-dealer (1) | | | 390,348 | | | 344,533 | | | | | 8,807,076 | | | 8,311,952 | | Allowance for credit losses | | | (93,862) | | | (91,537) | | Total loans held for investment, net of allowance | | $ | 8,713,214 | | $ | 8,220,415 | |
| (1) | Primarily represents margin loans to customers and correspondents associated with broker-dealer segment operations. | |
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| Schedule of analysis of the aging of the entity's loan portfolio |
An analysis of the aging of the Company’s loan portfolio is shown in the following tables (in thousands). | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Accruing Loans | | | Loans Past Due | | Total Past | | Current | | Total | | Past Due | September 30, 2026 | | 30-59 Days | | 60-89 Days | | 90 Days or More | | Due Loans | | Loans | | Loans | | 90 Days or More | Commercial real estate: | | | | | | | | | | | | | | | | | | | | | | Non-owner occupied | | $ | 3,194 | | $ | — | | $ | 637 | | $ | 3,831 | | $ | 2,281,153 | | $ | 2,284,984 | | $ | — | Owner occupied | | | 3,842 | | | 4,367 | | | 6,960 | | | 15,169 | | | 1,559,487 | | | 1,574,656 | | | — | Commercial and industrial | | | 3,057 | | | 985 | | | 10,345 | | | 14,387 | | | 1,591,423 | | | 1,605,810 | | | 2,363 | Construction and land development | | | 3,139 | | | 1,129 | | | 4 | | | 4,272 | | | 967,850 | | | 972,122 | | | — | 1-4 family residential | | | 2,392 | | | 2,586 | | | 3,883 | | | 8,861 | | | 1,943,044 | | | 1,951,905 | | | — | Consumer | | | 127 | | | 29 | | | — | | | 156 | | | 27,095 | | | 27,251 | | | — | Broker-dealer | | | — | | | — | | | — | | | — | | | 390,348 | | | 390,348 | | | — | | | $ | 15,751 | | $ | 9,096 | | $ | 21,829 | | $ | 46,676 | | $ | 8,760,400 | | $ | 8,807,076 | | $ | 2,363 |
| | | | | | | | | | | | | | | | | | | | Accruing Loans | | | Loans Past Due | | Total Past | | Current | | Total | | Past Due | December 31, 2025 | | 30-59 Days | | 60-89 Days | | 90 Days or More | | Due Loans | | Loans | | Loans | | 90 Days or More | Commercial real estate: | | | | | | | | | | | | | | | | | | | | | | Non-owner occupied | | $ | 1,138 | | $ | 1,635 | | $ | 681 | | $ | 3,454 | | $ | 2,117,633 | | $ | 2,121,087 | | $ | — | Owner occupied | | | 2,281 | | | 4,980 | | | 1,518 | | | 8,779 | | | 1,524,394 | | | 1,533,173 | | | — | Commercial and industrial | | | 1,577 | | | 1,106 | | | 13,485 | | | 16,168 | | | 1,510,299 | | | 1,526,467 | | | — | Construction and land development | | | 711 | | | 1,009 | | | 500 | | | 2,220 | | | 891,791 | | | 894,011 | | | — | 1-4 family residential | | | 5,992 | | | 3,425 | | | 5,114 | | | 14,531 | | | 1,847,123 | | | 1,861,654 | | | 42 | Consumer | | | 132 | | | 45 | | | 28 | | | 205 | | | 30,822 | | | 31,027 | | | 28 | Broker-dealer | | | — | | | — | | | — | | | — | | | 344,533 | | | 344,533 | | | — | | | $ | 11,831 | | $ | 12,200 | | $ | 21,326 | | $ | 45,357 | | $ | 8,266,595 | | $ | 8,311,952 | | $ | 70 |
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| Summary of non-accrual loans by portfolio segment |
The following table provides details associated with non-accrual loans, excluding those classified as held for sale (in thousands). | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Non-accrual Loans | | | | | | | | | September 30, 2026 | | December 31, 2025 | | Interest Income Recognized | | | With | | With No | | | | | With | | With No | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | Allowance | | Allowance | | Total | | Allowance | | Allowance | | Total | | 2026 | | 2025 | | 2026 | | 2025 | Commercial real estate: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Non-owner occupied | | $ | 10,616 | | $ | 1,435 | | $ | 12,051 | | $ | 1,012 | | $ | 2,861 | | $ | 3,873 | | $ | 37 | | $ | 29 | | $ | 93 | | $ | 93 | Owner occupied | | | 3,640 | | | 9,548 | | | 13,188 | | | 906 | | | 4,711 | | | 5,617 | | | 113 | | | 6 | | | 263 | | | 6 | Commercial and industrial | | | 962 | | | 10,360 | | | 11,322 | | | 14,877 | | | 13,704 | | | 28,581 | | | 510 | | | 68 | | | 735 | | | 263 | Construction and land development | | | 1,190 | | | 880 | | | 2,070 | | | 431 | | | 579 | | | 1,010 | | | 3 | | | 157 | | | 199 | | | 215 | 1-4 family residential | | | 1,188 | | | 7,431 | | | 8,619 | | | 732 | | | 9,224 | | | 9,956 | | | 298 | | | 493 | | | 871 | | | 927 | Consumer | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Broker-dealer | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | $ | 17,596 | | $ | 29,654 | | $ | 47,250 | | $ | 17,958 | | $ | 31,079 | | $ | 49,037 | | $ | 961 | | $ | 753 | | $ | 2,161 | | $ | 1,504 |
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| Schedule of amortized cost basis of the loans held for investment modified for borrowers experiencing financial difficulty |
The following tables present the amortized cost basis of the loans held for investment modified for borrowers experiencing financial difficulty grouped by portfolio segment and type of modification granted during the periods presented (in thousands). | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | | | | | Combination | | Modifications as a | | | | Interest Rate | | Term | | Principal | | Payment | | Term Extension and | | % of Portfolio | | Three Months Ended September 30, 2026 | | Reduction | | Extension | | Forgiveness | | Delay | | Rate Reduction | | Segment | | Commercial real estate: | | | | | | | | | | | | | | | | | | | Non-owner occupied | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | — | % | Owner occupied | | | — | | | 3,480 | | | — | | | — | | | — | | 0.2 | % | Commercial and industrial | | | — | | | 19,981 | | | — | | | — | | | — | | 1.2 | % | Construction and land development | | | — | | | 215 | | | — | | | — | | | — | | 0.0 | % | 1-4 family residential | | | — | | | 76 | | | — | | | — | | | 493 | | 0.0 | % | Consumer | | | — | | | — | | | — | | | — | | | — | | — | % | Broker-dealer | | | — | | | — | | | — | | | — | | | — | | — | % | Total | | $ | — | | $ | 23,752 | | $ | — | | $ | — | | $ | 493 | | 0.3 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | | | | | Combination | | Modifications as a | | | | Interest Rate | | Term | | Principal | | Payment | | Term Extension and | | % of Portfolio | | Nine Months Ended September 30, 2026 | | Reduction | | Extension | | Forgiveness | | Delay | | Rate Reduction | | Segment | | Commercial real estate: | | | | | | | | | | | | | | | | | | | Non-owner occupied | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | — | % | Owner occupied | | | — | | | 3,795 | | | — | | | — | | | — | | 0.2 | % | Commercial and industrial | | | — | | | 27,095 | | | — | | | — | | | 263 | | 1.7 | % | Construction and land development | | | — | | | 1,728 | | | — | | | — | | | — | | 0.2 | % | 1-4 family residential | | | — | | | 799 | | | — | | | — | | | 1,863 | | 0.1 | % | Consumer | | | — | | | — | | | — | | | — | | | — | | — | % | Broker-dealer | | | — | | | — | | | — | | | — | | | — | | — | % | Total | | $ | — | | $ | 33,417 | | $ | — | | $ | — | | $ | 2,126 | | 0.4 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | | | | | Combination | | Modifications as a | | | | Interest Rate | | Term | | Principal | | Payment | | Term Extension and | | % of Portfolio | | Three Months Ended September 30, 2025 | | Reduction | | Extension | | Forgiveness | | Delay | | Rate Reduction | | Segment | | Commercial real estate: | | | | | | | | | | | | | | | | | | | Non-owner occupied | | $ | — | | $ | 8,961 | | $ | — | | $ | — | | $ | — | | 0.4 | % | Owner occupied | | | — | | | 1,392 | | | — | | | — | | | — | | 0.1 | % | Commercial and industrial | | | — | | | 8,661 | | | — | | | — | | | — | | 0.6 | % | Construction and land development | | | — | | | 10,004 | | | — | | | — | | | — | | 1.1 | % | 1-4 family residential | | | — | | | 4,331 | | | — | | | — | | | — | | 0.2 | % | Consumer | | | — | | | — | | | — | | | — | | | — | | — | % | Broker-dealer | | | — | | | — | | | — | | | — | | | — | | — | % | Total | | $ | — | | $ | 33,349 | | $ | — | | $ | — | | $ | — | | 0.4 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | | | | | Combination | | Modifications as a | | | | Interest Rate | | Term | | Principal | | Payment | | Term Extension and | | % of Portfolio | | Nine Months Ended September 30, 2025 | | Reduction | | Extension | | Forgiveness | | Delay | | Rate Reduction | | Segment | | Commercial real estate: | | | | | | | | | | | | | | | | | | | Non-owner occupied | | $ | — | | $ | 8,961 | | $ | — | | $ | — | | $ | — | | 0.4 | % | Owner occupied | | | — | | | 4,523 | | | — | | | — | | | — | | 0.3 | % | Commercial and industrial | | | — | | | 11,743 | | | — | | | — | | | 410 | | 0.8 | % | Construction and land development | | | — | | | 10,004 | | | — | | | — | | | — | | 1.1 | % | 1-4 family residential | | | — | | | 5,147 | | | — | | | — | | | — | | 0.3 | % | Consumer | | | — | | | — | | | — | | | — | | | — | | — | % | Broker-dealer | | | — | | | — | | | — | | | — | | | — | | — | % | Total | | $ | — | | $ | 40,378 | | $ | — | | $ | — | | $ | 410 | | 0.5 | % |
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| Schedule of analysis of the aging of the Modified Loans |
For those loans held for investment modified for borrowers experiencing financial difficulty during the last twelve months, the following tables provide aging and non-accrual details grouped by portfolio segment (in thousands). | | | | | | | | | | | | | | | | | | Modified Loans Past Due | | Total Modified | | Modified | September 30, 2026 | | 30-59 Days | | 60-89 Days | | 90 Days or More | | Past Due Loans | | Non-accrual Loans | Commercial real estate: | | | | | | | | | | | | | | | | Non-owner occupied | | $ | — | | $ | — | | $ | 1 | | $ | 1 | | $ | 1 | Owner occupied | | | — | | | 274 | | | — | | | 274 | | | 274 | Commercial and industrial | | | 300 | | | 146 | | | 4,384 | | | 4,830 | | | 4,333 | Construction and land development | | | — | | | — | | | — | | | — | | | 215 | 1-4 family residential | | | — | | | — | | | — | | | — | | | — | Consumer | | | — | | | — | | | — | | | — | | | — | Broker-dealer | | | — | | | — | | | — | | | — | | | — | Total | | $ | 300 | | $ | 420 | | $ | 4,385 | | $ | 5,105 | | $ | 4,823 |
| | | | | | | | | | | | | | | | | | Modified Loans Past Due | | Total Modified | | Modified | December 31, 2025 | | 30-59 Days | | 60-89 Days | | 90 Days or More | | Past Due Loans | | Non-accrual Loans | Commercial real estate: | | | | | | | | | | | | | | | | Non-owner occupied | | $ | — | | $ | 316 | | $ | — | | $ | 316 | | $ | 316 | Owner occupied | | | 4 | | | — | | | — | | | 4 | | | 4 | Commercial and industrial | | | 168 | | | 370 | | | 1,786 | | | 2,324 | | | 15,606 | Construction and land development | | | — | | | — | | | — | | | — | | | — | 1-4 family residential | | | — | | | — | | | — | | | — | | | 22 | Consumer | | | — | | | — | | | — | | | — | | | — | Broker-dealer | | | — | | | — | | | — | | | — | | | — | Total | | $ | 172 | | $ | 686 | | $ | 1,786 | | $ | 2,644 | | $ | 15,948 |
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| Schedule of financial effects of the loans held for investment modified for borrowers experiencing financial difficulty |
The following tables present the financial effects of the loans held for investment modified for borrowers experiencing financial difficulty during the periods presented (in thousands). | | | | | | | | | | | | | Three Months Ended September 30, 2026 | | Three Months Ended September 30, 2025 | | | | Weighted-Average | | Weighted-Average | | Weighted-Average | | Weighted-Average | | | | Interest Rate | | Term Extension | | Interest Rate | | Term Extension | | | | Reduction | | (in months) | | Reduction | | (in months) | Commercial real estate: | | | | | | | | | | Non-owner occupied | | | — | % | — | | — | % | 34 | Owner occupied | | | — | % | 24 | | — | % | 23 | Commercial and industrial | | | — | % | 14 | | — | % | 14 | Construction and land development | | | — | % | 26 | | — | % | 22 | 1-4 family residential | | | 0.5 | % | 6 | | — | % | 12 | Consumer | | | — | % | — | | — | % | — | Broker-dealer | | | — | % | — | | — | % | — | Total | | | 0.5 | % | 15 | | — | % | 22 |
| | | | | | | | | | | | | Nine Months Ended September 30, 2026 | | Nine Months Ended September 30, 2025 | | | | Weighted-Average | | Weighted-Average | | Weighted-Average | | Weighted-Average | | | | Interest Rate | | Term Extension | | Interest Rate | | Term Extension | | | | Reduction | | (in months) | | Reduction | | (in months) | Commercial real estate: | | | | | | | | | | Non-owner occupied | | | — | % | — | | — | % | 34 | Owner occupied | | | — | % | 24 | | — | % | 13 | Commercial and industrial | | | 1.8 | % | 18 | | 1.3 | % | 5 | Construction and land development | | | — | % | 19 | | — | % | 22 | 1-4 family residential | | | 1.8 | % | 64 | | — | % | 12 | Consumer | | | — | % | — | | — | % | — | Broker-dealer | | | — | % | — | | — | % | — | Total | | | 1.8 | % | 22 | | 1.3 | % | 17 |
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| Schedule of internal risk grades of loans by class |
The following table presents loans held for investment grouped by asset class and credit quality indicator, segregated by year of origination or renewal (in thousands). | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Amortized Cost Basis by Origination Year | | | | | Loans | | | | | | | | | | | | | | | | | | | | | | 2021 and | | | | | Converted to | | | | September 30, 2026 | | 2026 | | 2025 | | 2024 | | 2023 | | 2022 | | | Prior | | Revolving | | Term Loans | | Total | Commercial real estate: non-owner occupied | | | | | | | | | | | | | | | | | | | | | | | | | | | | Internal Grade 1-3 (Pass low risk) | | $ | 65,918 | | $ | 52,607 | | $ | 734 | | $ | 3,020 | | $ | 12,915 | | $ | 32,235 | | $ | 906 | | $ | — | | $ | 168,335 | Internal Grade 4-7 (Pass normal risk) | | | 353,302 | | | 341,411 | | | 208,220 | | | 81,439 | | | 145,768 | | | 176,702 | | | 13,921 | | | 2,303 | | | 1,323,066 | Internal Grade 8-11 (Pass high risk and watch) | | | 176,498 | | | 202,605 | | | 52,289 | | | 132,341 | | | 73,417 | | | 69,601 | | | 2,094 | | | — | | | 708,845 | Internal Grade 12 (Special mention) | | | — | | | — | | | — | | | — | | | 3,717 | | | — | | | — | | | — | | | 3,717 | Internal Grade 13 (Substandard accrual) | | | 6,847 | | | 4,845 | | | 2,587 | | | — | | | 21,421 | | | 33,270 | | | — | | | — | | | 68,970 | Internal Grade 14 (Substandard non-accrual) | | | — | | | 637 | | | — | | | — | | | 9,973 | | | 1,441 | | | — | | | — | | | 12,051 | Current period gross charge-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial real estate: owner occupied | | | | | | | | | | | | | | | | | | | | | | | | | | | | Internal Grade 1-3 (Pass low risk) | | $ | 3,329 | | $ | 34,898 | | $ | 17,717 | | $ | 10,889 | | $ | 5,289 | | $ | 30,852 | | $ | 9,777 | | $ | 9,413 | | $ | 122,164 | Internal Grade 4-7 (Pass normal risk) | | | 140,433 | | | 178,080 | | | 105,540 | | | 80,710 | | | 82,685 | | | 279,135 | | | 10,165 | | | 12,676 | | | 889,424 | Internal Grade 8-11 (Pass high risk and watch) | | | 101,078 | | | 123,142 | | | 41,543 | | | 30,001 | | | 79,999 | | | 108,480 | | | 18,106 | | | 490 | | | 502,839 | Internal Grade 12 (Special mention) | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Internal Grade 13 (Substandard accrual) | | | 5,829 | | | 11,408 | | | 6,302 | | | 10,940 | | | 1,937 | | | 10,591 | | | — | | | 34 | | | 47,041 | Internal Grade 14 (Substandard non-accrual) | | | 274 | | | 3,908 | | | 1,381 | | | 1,442 | | | 486 | | | 5,697 | | | — | | | — | | | 13,188 | Current period gross charge-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial and industrial | | | | | | | | | | | | | | | | | | | | | | | | | | | | Internal Grade 1-3 (Pass low risk) | | $ | 29,934 | | $ | 6,313 | | $ | 19,843 | | $ | 1,630 | | $ | 4,581 | | $ | 5,829 | | $ | 33,994 | | $ | — | | $ | 102,124 | Internal Grade 4-7 (Pass normal risk) | | | 163,081 | | | 58,328 | | | 53,903 | | | 4,112 | | | 32,784 | | | 62,632 | | | 313,885 | | | 7,942 | | | 696,667 | Internal Grade 8-11 (Pass high risk and watch) | | | 75,365 | | | 92,760 | | | 50,895 | | | 25,580 | | | 21,498 | | | 19,295 | | | 196,231 | | | 7,194 | | | 488,818 | Internal Grade 12 (Special mention) | | | — | | | — | | | — | | | — | | | — | | | — | | | 8,000 | | | — | | | 8,000 | Internal Grade 13 (Substandard accrual) | | | 704 | | | 1,629 | | | 3,346 | | | 326 | | | 2,134 | | | 2,494 | | | 22,502 | | | 10,223 | | | 43,358 | Internal Grade 14 (Substandard non-accrual) | | | 805 | | | 178 | | | 867 | | | 796 | | | 925 | | | 215 | | | 456 | | | 7,080 | | | 11,322 | Current period gross charge-offs | | | 172 | | | 133 | | | 1,454 | | | 3,580 | | | 1,130 | | | 449 | | | 1,496 | | | 850 | | | 9,264 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Construction and land development | | | | | | | | | | | | | | | | | | | | | | | | | | | | Internal Grade 1-3 (Pass low risk) | | $ | 18,181 | | $ | 11,391 | | $ | — | | $ | — | | $ | 963 | | $ | 1,262 | | $ | — | | $ | — | | $ | 31,797 | Internal Grade 4-7 (Pass normal risk) | | | 203,812 | | | 260,814 | | | 57,944 | | | 5,071 | | | 9,975 | | | 7,255 | | | 6,467 | | | 3,502 | | | 554,840 | Internal Grade 8-11 (Pass high risk and watch) | | | 169,991 | | | 151,436 | | | 11,379 | | | 1,833 | | | 1,844 | | | 3,726 | | | 4,482 | | | 1,103 | | | 345,794 | Internal Grade 12 (Special mention) | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Internal Grade 13 (Substandard accrual) | | | 18,553 | | | 5,104 | | | 241 | | | — | | | — | | | 71 | | | — | | | — | | | 23,969 | Internal Grade 14 (Substandard non-accrual) | | | 976 | | | 792 | | | 148 | | | — | | | 114 | | | 40 | | | — | | | — | | | 2,070 | Current period gross charge-offs | | | — | | | — | | | 137 | | | — | | | — | | | — | | | — | | | — | | | 137 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Construction and land development - individuals | | | | | | | | | | | | | | | | | | | | | | | | | | | | FICO less than 620 | | $ | 12 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 12 | FICO between 620 and 720 | | | 1,717 | | | — | | | — | | | — | | | — | | | 716 | | | — | | | — | | | 2,433 | FICO greater than 720 | | | 10,148 | | | 1,059 | | | — | | | — | | | — | | | — | | | — | | | — | | | 11,207 | Substandard non-accrual | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Other (1) | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Current period gross charge-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1-4 family residential | | | | | | | | | | | | | | | | | | | | | | | | | | | | FICO less than 620 | | $ | 24,610 | | $ | 673 | | $ | 448 | | $ | 575 | | $ | 1,076 | | $ | 14,250 | | $ | 244 | | $ | — | | $ | 41,876 | FICO between 620 and 720 | | | 19,956 | | | 34,678 | | | 14,723 | | | 5,419 | | | 11,267 | | | 30,484 | | | 1,290 | | | 1,208 | | | 119,025 | FICO greater than 720 | | | 267,880 | | | 199,849 | | | 123,841 | | | 85,706 | | | 367,953 | | | 658,370 | | | 3,075 | | | 1,413 | | | 1,708,087 | Substandard non-accrual | | | — | | | 996 | | | 18 | | | — | | | 1,463 | | | 6,142 | | | — | | | — | | | 8,619 | Other (1) | | | 13,789 | | | 32,985 | | | 4,355 | | | 7,290 | | | 3,558 | | | 3,803 | | | 8,352 | | | 166 | | | 74,298 | Current period gross charge-offs | | | — | | | — | | | 8 | | | 74 | | | — | | | 155 | | | — | | | — | | | 237 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Amortized Cost Basis by Origination Year | | | | | Loans | | | | | | | | | | | | | | | | | | | | | | 2021 and | | | | | Converted to | | | | September 30, 2026 | | 2026 | | 2025 | | 2024 | | 2023 | | 2022 | | | Prior | | Revolving | | Term Loans | | Total | Consumer | | | | | | | | | | | | | | | | | | | | | | | | | | | | FICO less than 620 | | $ | 899 | | $ | 256 | | $ | 71 | | $ | 50 | | $ | 8 | | $ | 4 | | $ | 328 | | $ | 6 | | $ | 1,622 | FICO between 620 and 720 | | | 3,198 | | | 1,366 | | | 341 | | | 259 | | | 108 | | | 17 | | | 2,418 | | | 16 | | | 7,723 | FICO greater than 720 | | | 3,045 | | | 1,050 | | | 943 | | | 378 | | | 625 | | | 82 | | | 3,353 | | | — | | | 9,476 | Substandard non-accrual | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Other (1) | | | 5,400 | | | 2,136 | | | 328 | | | 67 | | | 31 | | | — | | | 468 | | | — | | | 8,430 | Current period gross charge-offs | | | 55 | | | 61 | | | 29 | | | 20 | | | — | | | 69 | | | 7 | | | 1 | | | 242 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total loans with credit quality measures | | $ | 1,885,564 | | $ | 1,817,334 | | $ | 779,947 | | $ | 489,874 | | $ | 898,514 | | $ | 1,564,691 | | $ | 660,514 | | $ | 64,769 | | $ | 8,161,207 | Commercial and industrial (mortgage warehouse lending) | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 255,521 | Broker-dealer (margin loans and correspondent receivables) | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 390,348 | Total loans held for investment | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 8,807,076 |
(1) Loans classified in this category were assigned a FICO score based on various factors specific to the borrower for credit modeling purposes.
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