Loans and Allowance for Credit Losses (Tables)

9 Months Ended

Sep. 30, 2026

The composition of the loan portfolio is as follows as of the periods indicated:


	September 30,		December 31,
	2026		2025
	(dollars in thousands; unaudited)
Community Bank
Commercial and industrial loans	$	241,401	$	224,439
Real estate loans:
Construction, land and land development loans	248,766		222,075
Residential real estate loans	191,980		202,293
Commercial real estate loans	1,291,700		1,285,856
Consumer and other loans:
Other consumer and other loans	10,736		14,072
Gross community bank loans receivable	1,984,583		1,948,735
CCBX
Commercial and industrial loans:
Capital call lines	$	209,701	$	210,480
All other commercial & industrial loans	23,797		19,166
Real estate loans:
Residential real estate loans	330,909		264,059
Consumer and other loans:
Credit cards	552,078		622,681
Other consumer and other loans	1,091,049		691,708
Gross CCBX loans receivable	2,207,534		1,808,094
Total gross loans receivable	4,192,117		3,756,829
Net deferred origination fees and premiums	(6,588)		(7,298)
Loans receivable	$	4,185,529	$	3,749,531

The following chart breaks out our consumer loan portfolio by segment and loan type as of September 30, 2026. The largest portion of our consumer portfolio is comprised of CCBX installment loans and credit card loans. These loans are further divided to show the total secured and unsecured amounts in each of these categories. The average overall outstanding consumer loan balance is small at $400.


(dollars in thousands; unaudited)	Outstanding Balance		% of Total Outstanding Balance Consumer Loans		Average Loan Balance		Number of Loans
CCBX consumer loans
Installment loans - cash secured	$	265,952	16.1	%
Installment loans - unsecured	531,411		32.1
Installment loans - total	797,363		48.2		$	0.3	2,637,339
Credit cards - cash secured	56		0.0
Credit cards - unsecured	552,022		33.4
Credit cards - total	552,078		33.4		1.5		378,057
Lines of credit	251,707		15.2		0.2		1,336,947
Other loans	41,979		2.5		0.1		358,418
Community bank consumer loans
Lines of credit	196		0.0		5.8		34
Installment loans	672		0.1		26.9		25
Other loans	9,868		0.6		26.0		380
Total	$	1,653,863	100.0	%	$	0.4	4,711,200

The following chart breaks out our consumer loan portfolio by segment and loan type as of December 31, 2025. The largest portion of our consumer loan portfolio is comprised of CCBX installment loans and credit card loans. These loans are further divided to show the total secured and unsecured amounts in each of these categories. The average overall outstanding consumer loan balance is small at $809.


(dollars in thousands; unaudited)	Outstanding Balance		% of Total Outstanding Balance Consumer Loans		Average Loan Balance		Number of Loans
CCBX consumer loans
Installment loans - cash secured	$	162,072	12.2	%
Installment loans - unsecured	502,767		37.8
Installment loans - total	664,839		50.0		$	0.8	864,638
Credit cards - cash secured	56		0.0
Credit cards - unsecured	622,625		46.9
Credit cards - total	622,681		46.9		1.4		435,236
Lines of credit	10,027		0.8		0.1		89,736
Other loans	16,842		1.3		0.1		252,381
Community bank consumer loans
Lines of credit	140		0.0		4.5		31
Installment loans	3,010		0.2		111.5		27
Other loans	10,922		0.8		28.6		382
Total	$	1,328,461	100.0	%	$	0.8	1,642,431

Summary of an Age Analysis of Past Due Loans

The following tables illustrate an age analysis of past due loans as of the dates indicated:


	30-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total Loans		90 Days or More Past Due and Still Accruing
	(dollars in thousands; unaudited)
September 30, 2026
Community Bank
Commercial and industrial loans	$	150	$	82	$	232	$	241,169	$	241,401	$	—
Real estate loans:
Construction, land and land development	7		—		7		248,759		248,766		—
Residential real estate	86		271		357		191,623		191,980		—
Commercial real estate	434		4,000		4,434		1,287,266		1,291,700		—
Consumer and other loans	3		—		3		10,733		10,736		—
Total community bank	$	680	$	4,353	$	5,033	$	1,979,550	$	1,984,583	$	—
CCBX
Commercial and industrial loans:
Capital call lines	$	720	$	—	$	720	$	208,981	$	209,701	$	—
All other commercial & industrial loans	634		346		980		22,817		23,797		346
Real estate loans:
Residential real estate loans	2,363		1,610		3,973		$	326,936	$	330,909	1,610
Consumer and other loans:
Credit cards	18,705		22,022		40,727		$	511,351	$	552,078	17,536
Other consumer and other loans	40,024		34,692		74,716		1,016,333		1,091,049		11,851
Total CCBX	$	62,446	$	58,670	$	121,116	$	2,086,418	$	2,207,534	$	31,343
Total consolidated	$	63,126	$	63,023	$	126,149	$	4,065,968	4,192,117		$	31,343
Less net deferred origination fees and premiums									(6,588)
Loans receivable									$	4,185,529


	30-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current		Total Loans		90 Days or More Past Due and Still Accruing
	(dollars in thousands; unaudited)
December 31, 2025
Community Bank
Commercial and industrial loans	$	150	$	2,070	$	2,220	$	222,219	$	224,439	$	—
Real estate loans:
Construction, land and land development	—		—		—		222,075		222,075		—
Residential real estate	286		—		286		202,007		202,293		—
Commercial real estate	107		4,344		4,451		1,281,405		1,285,856		—
Consumer and other loans	1		—		1		14,071		14,072		—
Total community bank	$	544	$	6,414	$	6,958	$	1,941,777	$	1,948,735	$	—
CCBX
Commercial and industrial loans:
Capital call lines	$	—	$	—	$	—	$	210,480	$	210,480	$	—
All other commercial & industrial loans	1,075		654		1,729		17,437		19,166		654
Real estate loans:
Residential real estate loans	3,125		1,961		5,086		$	258,973	$	264,059	$	1,961
Consumer and other loans:
Credit cards	27,752		26,632		54,384		$	568,297	$	622,681	$	22,536
Other consumer and other loans	38,187		8,078		46,265		$	645,443	$	691,708	$	7,993
Total CCBX	$	70,139	$	37,325	$	107,464	$	1,700,630	$	1,808,094	$	33,144
Total consolidated	$	70,683	$	43,739	$	114,422	$	3,642,407	$	3,756,829	$	33,144
Less net deferred origination fees and premiums									(7,298)
Loans receivable									$	3,749,531

Analysis of Nonaccrual Loans by Category

An analysis of nonaccrual loans by category consisted of the following at the periods indicated:


	September 30,						December 31,
	2026						2025
	Total Nonaccrual		Nonaccrual with No ACL		Nonaccrual with ACL		Total Nonaccrual		Nonaccrual with No ACL		Nonaccrual with ACL
	(dollars in thousands; unaudited)
Community Bank
Commercial and industrial loans	$	149	$	67	$	82	$	2,151	$	2,058	$	93
Real estate loans:

Residential real estate	1,695		306		1,389		38		38		—
Commercial real estate	4,000		4,000		—		4,344		4,344		—



Total community bank nonaccrual loans	$	5,844	$	4,373	$	1,471	$	6,533	$	6,440	$	93
CCBX
Commercial and industrial loans	$	49	$	—	$	49	$	127	$	—	$	127




Consumer and other loans:
Credit cards	18,161		—		18,161		21,433		—		21,433
Consumer and other consumer loans	5,071		—		5,071		2,875		—		2,875
Total CCBX nonaccrual loans	$	23,281	$	—	$	23,281	$	24,435	$	—	$	24,435
Total consolidated nonaccrual loans	$	29,125	$	4,373	$	24,752	$	30,968	$	6,440	$	24,528

Financing Receivable, Modified

The following tables present the CCBX loans at September 30, 2026 and December 31, 2025 that were both experiencing financial difficulty and were modified in the twelve months previous to the dates presented by class and by type of modification. The percentage of the loans that were modified to borrowers in financial distress as compared to the total CCBX loans of each class is also presented below.


September 30, 2026	Principal Forgiveness		Term Extension		Interest Rate Reduction		Principal Forgiveness & Payment Delay		Interest Rate Reduction & Payment Delay		Principal Forgiveness Payment Delay & Term Extension		Total		Total Class of Financing Receivable
	(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	—	$	460	$	—	$	49	$	—	$	—	$	509	2.14	%


Consumer and other loans:
Credit cards	5,071		—		15,019		—		2,033		—		22,123		4.01
Other consumer and other loans	—		3,569		—		4,990		—		59		8,618		0.79
Total	$	5,071	$	4,029	$	15,019	$	5,039	$	2,033	$	59	$	31,250	0.75	%


December 31, 2025	Principal Forgiveness		Term Extension		Interest Rate Reduction		Principal Forgiveness & Payment Delay		Interest Rate Reduction & Payment Delay		Principal Forgiveness, Payment Delay & Term Extension		Total		Total Class of Financing Receivable
	(dollars in thousands)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	—	$	763	$	—	$	4	$	—	$	—	$	767	4.00	%


Consumer and other loans:
Credit cards	13,780		—		32,566		—		685		—		47,031		7.55
Other consumer and other loans	—		4,087		—		832		—		15		4,934		0.71
Total	$	13,780	$	4,850	$	32,566	$	836	$	685	$	15	$	52,732	1.41	%

The Company has committed to lend additional amounts totaling $81,000 to the borrowers included in the table above as of September 30, 2026.

The performance of loans modified is monitored to understand the effectiveness of the modification efforts. The following tables present the performance of such loans that have been modified in the last 12 months previous to the dates presented:


September 30, 2026	30-89 Days Past Due		90 Days or More Past Due		Total Past Due
	(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	105	$	64	$	169


Consumer and other loans:
Credit cards	3,669		4,638		8,307
Other consumer and other loans	709		305		1,014
Total CCBX	$	4,483	$	5,007	$	9,490


December 31, 2025	30-89 Days Past Due		90 Days or More Past Due		Total Past Due
	(dollars in thousands)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	199	$	28	$	227


Consumer and other loans:
Credit cards	8,403		7,114		15,517
Other consumer and other loans	745		321		1,066
Total CCBX	$	9,347	$	7,463	$	16,810

The following tables present the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the preceding 12 months as of the dates indicated:


September 30, 2026	Principal Forgiveness		Weighted Average Interest Rate Reduction		Weighted Average Term Extension (years)
	(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	247	—	%	2.2


Consumer and other loans:
Credit cards	4,684		18.7		n/a
Other consumer and other loans	8,331		—		1.9
Total CCBX	$	13,262	18.7	%	2.0


December 31, 2025	Principal Forgiveness		Weighted Average Interest Rate Reduction		Weighted Average Term Extension (years)
	(dollars in thousands)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	224	—	%	2.0


Consumer and other loans:
Credit cards	9,062		14.4		n/a
Other consumer and other loans	5,904		—		2.0
Total CCBX	$	15,190	14.4	%	2.0

The following tables present the total of loans that had a payment default during the preceding 12 months and which were modified for borrowers experiencing financial difficulty in the 12 months prior to that default.


September 30, 2026	Principal Forgiveness		Term Extension		Interest Rate Reduction		Principal Forgiveness & Payment Delay		Interest Rate Reduction & Payment Delay		Principal Forgiveness, Payment Delay & Term Extension		Total
	(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	—	$	169	$	—	$	—	—		$	—	$	169


Consumer and other loans:
Credit cards	4,301		—		10,670		—		757		—		15,728
Other consumer and other loans	—		792		—		428		—		17		1,237
Total	$	4,301	$	961	$	10,670	$	428	$	757	$	17	$	17,134


December 31, 2025	Principal Forgiveness		Term Extension		Interest Rate Reduction		Principal Forgiveness & Payment Delay		Interest Rate Reduction & Payment Delay		Principal Forgiveness, Payment Delay & Term Extension		Total
	(dollars in thousands)
CCBX
Commercial and industrial loans:

All other commercial & industrial loans	$	—	$	628	$	—	$	4	$	—	$	—	$	632


Consumer and other loans:
Credit cards	12,339		—		21,798		—		204		—		34,341
Other consumer and other loans	—		3,267		—		640		—		15		3,922
Total	$	12,339	$	3,895	$	21,798	$	644	$	204	$	15	$	38,895

Upon the Company’s determination that a modified loan (or portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is charged-off against the allowance for credit losses. Therefore, the loan balance is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount.

Credit Quality and Credit Risk

Federal regulations require that the Company periodically evaluate the risks inherent in its loan portfolio. In addition, the Company’s regulatory agencies have authority to identify problem loans and, if appropriate, require them to be reclassified. The Company establishes loan grades for loans at the origination of the loan. Changes to community bank loan grades are considered at the time new information about the performance of a loan becomes available, including the receipt of updated financial information from the borrower and after loan reviews. For consumer loans, the Bank follows the Federal Financial Institutions Examination Council’s Uniform Retail Credit Classification and Account Management Policy for subsequent classification in the event of payment delinquencies or default. Typically, an individual loan grade will not be changed from the prior period unless there is a specific indication of credit deterioration or improvement. Credit deterioration is evidenced by delinquency, direct communications with the borrower or other borrower information that becomes known to management. Credit improvements are evidenced by known facts regarding the borrower or the collateral property. The Company classifies some loans as Watch or Other Loans Especially Mentioned (“OLEM”). Loans classified as Watch are performing assets but have elements of risk that require more monitoring than other performing loans and are reported in the OLEM column in the following table. Loans classified as OLEM are assets that continue to perform but have shown deterioration in credit quality and require close monitoring. There are three classifications for problem loans: Substandard, Doubtful and Loss. Substandard loans have one or more defined weaknesses and are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Revolving (open-ended loans, such as credit cards) and installment (closed end) consumer loans originated through CCBX partners typically continue to accrue interest until they are charged-off at 120 days past due for installment loans (primarily unsecured loans to consumers) and 180 days past due for revolving loans (primarily credit cards) and are classified as substandard once they are 90 days past due. CCBX partners may place certain loans on nonaccrual status prior to achieving these past due timelines. Doubtful loans have the weaknesses of loans classified as Substandard, with additional characteristics that suggest the weaknesses make collection or recovery in full after liquidation of collateral questionable on the basis of currently existing facts, conditions and values. There is a high possibility of loss in loans classified as Doubtful. A loan classified as Loss is considered uncollectible and of such little value that continued classification of the credit as a loan is not warranted. If a loan or a portion thereof is classified as Loss, it must be charged-off, meaning the amount of the loss is charged against the allowance for credit losses, thereby reducing that reserve.

Summary of Loans by Credit Quality Risk Rating

The following tables show the risk category of community bank loans by year of origination for the periods indicated, based on the most recent analysis performed as of each period end:


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of September 30, 2026
Commercial and industrial loans
Risk rating
Pass	$	37,258	$	90,431	$	5,325	$	7,198	$	31,656	$	10,093	$	42,560	$	1,871	$	226,392
Other Loans Especially Mentioned	75		12,672		200		—		43		1,739		131		—		14,860
Substandard	—		—		—		16		—		—		133		—		149
Doubtful	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans - All other commercial and industrial loans	$	37,333	$	103,103	$	5,525	$	7,214	$	31,699	$	11,832	$	42,824	$	1,871	$	241,401
Year-to-date gross charge-offs	$	—	$	—	$	28	$	23	$	—	$	—	$	—	$	—	$	51


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of September 30, 2026
Real estate loans - Construction, land and land development loans
Risk rating
Pass	$	30,335	$	125,927	$	27,805	$	54,151	$	6,530	$	3,668	$	102	$	—	$	248,518
Other Loans Especially Mentioned	—		—		—		—		—		248		—		—		248
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Construction, land and land development loans	$	30,335	$	125,927	$	27,805	$	54,151	$	6,530	$	3,916	$	102	$	—	$	248,766
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


Real estate loans - Residential real estate loans
Risk rating
Pass	$	7,653	$	14,874	$	9,668	$	23,402	$	22,186	$	76,890	$	34,857	$	403	$	189,933
Other Loans Especially Mentioned	—		64		—		—		—		—		288		—		352
Substandard	—		—		1,389		—		271		—		35		—		1,695
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Residential real estate loans	$	7,653	$	14,938	$	11,057	$	23,402	$	22,457	$	76,890	$	35,180	$	403	$	191,980
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Real estate loans - Commercial real estate loans
Risk rating
Pass	$	137,778	$	95,350	$	53,033	$	197,321	$	245,867	$	518,136	$	9,747	$	1,743	$	1,258,975
Other Loans Especially Mentioned	784		—		15,388		—		5,510		7,043		—		—		28,725
Substandard	—		—		—		—		—		4,000		—		—		4,000
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Commercial real estate loans	$	138,562	$	95,350	$	68,421	$	197,321	$	251,377	$	529,179	$	9,747	$	1,743	$	1,291,700
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of September 30, 2026
Consumer and other loans - Other consumer and other loans
Risk rating
Pass	$	40	$	274	$	82	$	20	$	7,235	$	2,884	$	201	$	—	$	10,736
Other Loans Especially Mentioned	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total consumer and other loans - Other consumer and other loans	$	40	$	274	$	82	$	20	$	7,235	$	2,884	$	201	$	—	$	10,736
Year-to-date gross charge-offs	$	11	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	11

Total community bank loans receivable
Risk rating
Pass	$	213,064	$	326,856	$	95,913	$	282,092	$	313,474	$	611,671	$	87,467	$	4,017	$	1,934,554
Other Loans Especially Mentioned	859		12,736		15,588		—		5,553		9,030		419		—		44,185
Substandard	—		—		1,389		16		271		4,000		168		—		5,844
Doubtful	—		—		—		—		—		—		—		—		—
Total community bank loans	$	213,923	$	339,592	$	112,890	$	282,108	$	319,298	$	624,701	$	88,054	$	4,017	$	1,984,583
Year-to-date gross charge-offs	$	11	$	—	$	28	$	23	$	—	$	—	$	—	$	—	$	62


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2025
Commercial and industrial loans
Risk rating
Pass	$	131,644	$	8,897	$	33,940	$	10,279	$	2,389	$	5,363	$	25,929	$	2,256	$	220,697
Other Loans Especially Mentioned	—		—		—		—		1,216		—		375		—		1,591
Substandard	—		16		—		1,961		—		—		174		—		2,151
Doubtful	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans - All other commercial and industrial loans	$	131,644	$	8,913	$	33,940	$	12,240	$	3,605	$	5,363	$	26,478	$	2,256	$	224,439
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Real estate loans - Construction, land and land development loans
Risk rating
Pass	$	139,810	$	67,584	$	6,838	$	1,715	$	239	$	1,732	$	3,502	$	—	$	221,420
Other Loans Especially Mentioned	—		—		—		655		—		—		—		—		655
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Construction, land and land development loans	$	139,810	$	67,584	$	6,838	$	2,370	$	239	$	1,732	$	3,502	$	—	$	222,075
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2025


Real estate loans - Residential real estate loans
Risk rating
Pass	$	28,581	$	24,678	$	35,211	$	34,525	$	23,262	$	25,146	$	28,270	$	414	$	200,087
Other Loans Especially Mentioned	—		—		286		—		—		—		501		—		787
Substandard	1,381		—		—		—		—		—		38		—		1,419
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Residential real estate loans	$	29,962	$	24,678	$	35,497	$	34,525	$	23,262	$	25,146	$	28,809	$	414	$	202,293
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	13	$	—	$	—	$	13

Real estate loans - Commercial real estate loans
Risk rating
Pass	$	138,619	$	259,048	$	263,101	$	209,646	$	98,897	$	273,109	$	10,005	$	1,788	$	1,254,213
Other Loans Especially Mentioned	15,374		—		5,593		1,302		3,243		1,787		—		—		27,299
Substandard	—		—		344		—		4,000		—		—		—		4,344
Doubtful	—		—		—		—		—		—		—		—		—
Total real estate loans - Commercial real estate loans	$	153,993	$	259,048	$	269,038	$	210,948	$	106,140	$	274,896	$	10,005	$	1,788	$	1,285,856
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Term Loans Amortized Cost Basis by Origination Year
Community Bank	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2025

Consumer and other loans - Other consumer and other loans
Risk rating
Pass	$	2,526	$	32	$	7,394	$	—	$	206	$	2,710	$	1,204	$	—	$	14,072
Other Loans Especially Mentioned	—		—		—		—		—		—		—		—		—
Substandard	—		—		—		—		—		—		—		—		—
Doubtful	—		—		—		—		—		—		—		—		—
Total consumer and other loans - Other consumer and other loans	$	2,526	$	32	$	7,394	$	—	$	206	$	2,710	$	1,204	$	—	$	14,072
Year-to-date gross charge-offs	$	29	$	15	$	—	$	—	$	—	$	—	$	—	$	—	$	44

Total community bank loans receivable
Risk rating
Pass	$	441,180	$	360,239	$	346,484	$	256,165	$	124,993	$	308,060	$	68,910	$	4,458	$	1,910,489
Other Loans Especially Mentioned	15,374		—		5,879		1,957		4,459		1,787		876		—		30,332
Substandard	1,381		16		344		1,961		4,000		—		212		—		7,914
Doubtful	—		—		—		—		—		—		—		—		—
Total community bank loans	$	457,935	$	360,255	$	352,707	$	260,083	$	133,452	$	309,847	$	69,998	$	4,458	$	1,948,735
Year-to-date gross charge-offs	$	29	$	15	$	—	$	—	$	—	$	13	$	—	$	—	$	57

The following tables present the loans in CCBX based on payment activity for the periods indicated:


	Term Loans Amortized Cost Basis by Origination Year
CCBX	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of September 30, 2026
Commercial and industrial loans - Capital call lines
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	209,701	$	—	$	209,701
Nonperforming	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans - Capital call lines	$	—	$	—	$	—	$	—	$	—	$	—	$	209,701	$	—	$	209,701
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial and industrial loans - All other commercial and industrial loans
Payment performance
Performing	$	—	$	—	$	—	$	6,061	$	890	$	—	$	16,451	$	—	$	23,402
Nonperforming	—		—		—		204		41		—		150		—		395
Total commercial and industrial loans - All other commercial and industrial loans	$	—	$	—	$	—	$	6,265	$	931	$	—	$	16,601	$	—	$	23,797
Year-to-date gross charge-offs	$	—	$	—	$	—	$	1,747	$	282	$	—	$	898	$	—	$	2,927

Real estate loans - Residential real estate loans
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	327,833	$	1,466	$	329,299
Nonperforming	—		—		—		—		—		—		1,610		—		1,610
Total real estate loans - Residential real estate loans	$	—	$	—	$	—	$	—	$	—	$	—	$	329,443	$	1,466	$	330,909
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	3,285	$	—	$	3,285


	Term Loans Amortized Cost Basis by Origination Year
CCBX	2026		2025		2024		2023		2022		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of September 30, 2026
Consumer and other loans - Credit cards
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	516,362	$	19	$	516,381
Nonperforming	—		—		—		—		—		—		35,697		—		35,697
Total consumer and other loans - Credit cards	$	—	$	—	$	—	$	—	$	—	$	—	$	552,059	$	19	$	552,078
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	75,972	$	—	$	75,972

Consumer and other loans - Other consumer and other loans
Payment performance
Performing	$	536,272	$	179,143	$	88,924	$	41,118	$	12,117	$	401	$	216,152	$	—	$	1,074,127
Nonperforming	6,738		4,454		3,288		1,089		250		13		1,090		—		16,922
Total consumer and other loans - Other consumer and other loans	$	543,010	$	183,597	$	92,212	$	42,207	$	12,367	$	414	$	217,242	$	—	$	1,091,049
Year-to-date gross charge-offs	$	2,883	$	23,817	$	19,665	$	8,909	$	1,782	$	207	$	31,026	$	—	$	88,289


Total CCBX loans receivable
Payment performance
Performing	$	536,272	$	179,143	$	88,924	$	47,179	$	13,007	$	401	$	1,286,499	$	1,485	$	2,152,910
Nonperforming	6,738		4,454		3,288		1,293		291		13		38,547		—		54,624
Total CCBX loans	$	543,010	$	183,597	$	92,212	$	48,472	$	13,298	$	414	$	1,325,046	$	1,485	$	2,207,534
Year-to-date gross charge-offs	$	2,883	$	23,817	$	19,665	$	10,656	$	2,064	$	207	$	111,181	$	—	$	170,473


	Term Loans Amortized Cost Basis by Origination Year
CCBX	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2025
Commercial and industrial loans - Capital call lines
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	210,480	$	—	$	210,480
Nonperforming	—		—		—		—		—		—		—		—		—
Total commercial and industrial loans - Capital call lines	$	—	$	—	$	—	$	—	$	—	$	—	$	210,480	$	—	$	210,480
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial and industrial loans - All other commercial and industrial loans
Payment performance
Performing	$	—	$	15	$	11,546	$	1,903	$	—	$	2	$	4,919	$	—	$	18,385
Nonperforming	—		—		364		85		—		—		332		—		781
Total commercial and industrial loans - All other commercial and industrial loans	$	—	$	15	$	11,910	$	1,988	$	—	$	2	$	5,251	$	—	$	19,166
Year-to-date gross charge-offs	$	—	$	18	$	5,164	$	817	$	4	$	4	$	816	$	—	$	6,823

Real estate loans - Residential real estate loans
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	260,146	$	1,952	$	262,098
Nonperforming	—		—		—		—		—		—		1,961		—		1,961
Total real estate loans - Residential real estate loans	$	—	$	—	$	—	$	—	$	—	$	—	$	262,107	$	1,952	$	264,059
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	4,923	$	—	$	4,923


	Term Loans Amortized Cost Basis by Origination Year
CCBX	2025		2024		2023		2022		2021		Prior		Revolving Loans Amortized Cost Basis		Revolving Loans Converted To Term		Total
	(dollars in thousands; unaudited)
As of December 31, 2025

Consumer and other loans - Credit cards
Payment performance
Performing	$	—	$	—	$	—	$	—	$	—	$	—	$	578,684	$	28	$	578,712
Nonperforming	—		—		—		—		—		—		43,969		—		43,969
Total consumer and other loans - Credit cards	$	—	$	—	$	—	$	—	$	—	$	—	$	622,653	$	28	$	622,681
Year-to-date gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	109,468	$	—	$	109,468

Consumer and other loans - Other consumer and other loans
Payment performance
Performing	$	393,010	$	168,728	$	75,052	$	22,104	$	874	$	89	$	20,983	$	—	$	680,840
Nonperforming	2,336		3,870		3,416		818		126		10		292		—		10,868
Total consumer and other loans - Other consumer and other loans	$	395,346	$	172,598	$	78,468	$	22,922	$	1,000	$	99	$	21,275	$	—	$	691,708
Year-to-date gross charge-offs	$	9,522	$	36,940	$	23,660	$	7,840	$	734	$	2	$	17,220	$	—	$	95,918

Total CCBX loans receivable
Payment performance
Performing	$	393,010	$	168,743	$	86,598	$	24,007	$	874	$	91	$	1,075,212	$	1,980	$	1,750,515
Nonperforming	2,336		3,870		3,780		903		126		10		46,554		—		57,579
Total CCBX loans	$	395,346	$	172,613	$	90,378	$	24,910	$	1,000	$	101	$	1,121,766	$	1,980	$	1,808,094
Year-to-date gross charge-offs	$	9,522	$	36,958	$	28,824	$	8,657	$	738	$	6	$	132,427	$	—	$	217,132

Summary of Allocation of Allowance for Loan Loss as well as Activity in Allowance for Loan Loss Attributed to Various Segments in Loan

The following tables summarize the allocation of the ACL, as well as the activity in the ACL attributed to various segments in the loan portfolio, as of and for the three and nine months ended September 30, 2026 and for the three and nine months ended September 30, 2025:


	Commercial and Industrial		Construction, Land, and Land Development		Residential Real Estate		Commercial Real Estate		Consumer and Other		Total
	(dollars in thousands; unaudited)
Three Months Ended September 30, 2026
ACL balance, June 30, 2026	$	6,882	$	3,990	$	10,659	$	5,712	$	186,481	$	213,724

Provision for credit losses or (recapture)	1,418		(194)		4,294		(96)		38,875		44,297
	8,300		3,796		14,953		5,616		225,356		258,021
Loans charged-off	(822)		—		(1,068)		—		(55,904)		(57,794)
Recoveries of loans previously charged-off	173		—		2		—		7,702		7,877
Net charge-offs	(649)		—		(1,066)		—		(48,202)		(49,917)
ACL balance, September 30, 2026	$	7,651	$	3,796	$	13,887	$	5,616	$	177,154	$	208,104

Nine Months Ended September 30, 2026
ACL balance, December 31, 2025	$	8,757	$	6,580	$	11,100	$	5,496	$	137,597	$	169,530

Provision for credit losses or (recapture)	1,385		(2,784)		6,056		120		183,936		188,713
	10,142		3,796		17,156		5,616		321,533		358,243
Loans charged-off	(2,978)		—		(3,285)		—		(164,272)		(170,535)
Recoveries of loans previously charged-off	487		—		16		—		19,893		20,396
Net charge-offs	(2,491)		—		(3,269)		—		(144,379)		(150,139)
ACL balance, September 30, 2026	$	7,651	$	3,796	$	13,887	$	5,616	$	177,154	$	208,104


Three Months Ended September 30, 2025
ACL balance, June 30, 2025	$	8,754	$	5,265	$	12,224	$	7,300	$	131,251	$	164,794

Provision for credit losses or (recapture)	1,125		1,181		6,409		(1,017)		50,566		58,264
	9,879		6,446		18,633		6,283		181,817		223,058
Loans charged-off	(1,641)		—		(1,031)		—		(51,862)		(54,534)
Recoveries of loans previously charged-off	228		—		2		—		5,059		5,289
Net (charge-offs) recoveries	(1,413)		—		(1,029)		—		(46,803)		(49,245)
ACL Balance, September 30, 2025	$	8,466	$	6,446	$	17,604	$	6,283	$	135,014	$	173,813

Nine Months Ended September 30, 2025
ACL balance, December 31, 2024	$	11,051	$	3,439	$	12,250	$	8,456	$	141,798	$	176,994

Provision for credit losses or (recapture)	1,912		3,007		9,444		(2,177)		131,391		143,577
	12,963		6,446		21,694		6,279		273,189		320,571
Loans charged-off	(5,286)		—		(4,188)		—		(152,526)		(162,000)
Recoveries of loans previously charged-off	789		—		98		4		14,351		15,242
Net charge-offs	(4,497)		—		(4,090)		4		(138,175)		(146,758)
ACL Balance, September 30, 2025	$	8,466	$	6,446	$	17,604	$	6,283	$	135,014	$	173,813

There was a provision for unfunded commitments of $1.4 million and $267,000 for the three and nine months ended September 30, 2026, compared to a provision recapture for unfunded commitments of $1.7 million and provision of $411,000 for the three and nine months ended September 30, 2025, respectively.

There was a provision for accrued interest receivable on CCBX loans of $319,000 and $342,000 for the three and nine months ended September 30, 2026, respectively, compared to a provision recapture of $0 and a provision of $602,000 for the three and nine months ended September 30, 2025, respectively. There was a provision for accounts receivable of $0 and $252,000 for the three and nine months ended September 30, 2026, respectively with no such provision for the three and nine months ended September 30, 2025.

The following tables present the collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related ACL allocated to these loans as of the dates indicated:


	Real Estate		Business Assets		Total		ACL
	(dollars in thousands; unaudited)
September 30, 2026
Commercial and industrial loans	$	—	$	82	$	82	$	82
Real estate loans:

Residential real estate	1,695		—		1,695		140
Commercial real estate	4,000		—		4,000		—
Total	$	5,695	$	82	$	5,777	$	222


	Real Estate		Business Assets		Total		ACL
	(dollars in thousands; unaudited)
December 31, 2025
Commercial and industrial loans	$	—	$	190	$	190	$	93
Real estate loans:

Residential real estate	$	39	$	—	$	39	$	—
Commercial real estate	4,344		—		4,344		—
Total	$	4,383	$	190	$	4,573	$	93