Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 254,045 $ 212,841
Securities available for sale, at fair value (amortized cost of $900,018 and $941,760 as of March 31, 2026 and December 31, 2025, respectively) 835,725 880,624
Loans held for sale, at the lower of cost or fair value 4,932 7,403
Loans, net of allowance for credit losses of $70,468 and $69,903 as of March 31, 2026 and December 31, 2025, respectively 6,474,998 6,493,465
Accrued interest receivable 23,320 24,466
Premises and equipment, net 20,015 20,378
Customers' liability on acceptances   125
Servicing assets 6,535 6,459
Goodwill 11,031 11,031
Federal Home Loan Bank ("FHLB") stock, at cost 16,385 16,385
Income tax assets 37,537 40,467
Bank-owned life insurance 56,534 56,697
Prepaid expenses and other assets 98,170 98,844
Total assets 7,839,227 7,869,185
Deposits:    
Noninterest-bearing 2,030,743 2,015,212
Interest-bearing 4,769,879 4,662,438
Total deposits 6,800,622 6,677,650
Accrued interest payable 30,592 34,783
Bank's liability on acceptances   125
Borrowings   150,000
Subordinated debentures 130,618 130,463
Accrued expenses and other liabilities 74,576 79,778
Total liabilities 7,036,408 7,072,799
Stockholders' equity:    
Preferred stock, $0.001 par value; authorized 10,000,000 shares; no shares issued as of March 31, 2026 and December 31, 2025
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 34,426,691 shares (29,806,694 shares outstanding) and 34,287,779 shares (29,894,757 shares outstanding) as of March 31, 2026 and December 31, 2025, respectively 34 34
Additional paid-in capital 595,374 594,667
Accumulated other comprehensive loss, net of tax benefit of $18,717 and $17,822 as of March 31, 2026 and December 31, 2025, respectively (45,553) (43,175)
Retained earnings 408,327 394,335
Less treasury stock; 4,619,997 shares and 4,393,022 shares as of March 31, 2026 and December 31, 2025, respectively (155,363) (149,475)
Total stockholders' equity 802,819 796,386
Total liabilities and stockholders' equity $ 7,839,227 $ 7,869,185