Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 348,576 $ 212,841
Securities available for sale, at fair value (amortized cost of $957,828 and $941,760 as of September 30, 2026 and December 31, 2025, respectively) 869,499 880,624
Loans held for sale, at the lower of cost or fair value 31,242 7,403
Loans, net of allowance for credit losses of $70,810 and $69,903 as of September 30, 2026 and December 31, 2025, respectively 6,497,891 6,493,465
Accrued interest receivable 25,404 24,466
Premises and equipment, net 20,380 20,378
Servicing assets 6,693 6,459
Goodwill 11,031 11,031
Federal Home Loan Bank ("FHLB") stock, at cost 16,385 16,385
Income tax assets 56,781 40,467
Bank-owned life insurance 56,359 56,697
Prepaid expenses and other assets 103,547 98,969
Total assets 8,043,788 7,869,185
Deposits:    
Noninterest-bearing 2,146,060 2,015,212
Interest-bearing 4,909,714 4,662,438
Total deposits 7,055,774 6,677,650
Accrued interest payable 28,131 34,783
Borrowings   150,000
Subordinated debentures 76,147 130,463
Accrued expenses and other liabilities 75,427 79,903
Total liabilities 7,235,479 7,072,799
Stockholders' equity:    
Preferred stock, $0.001 par value; authorized 10,000,000 shares; no shares issued as of September 30, 2026 and December 31, 2025
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 34,445,331 shares (29,496,736 shares outstanding) and 34,287,779 shares (29,894,757 shares outstanding) as of September 30, 2026 and December 31, 2025, respectively 34 34
Additional paid-in capital 597,236 594,667
Accumulated other comprehensive loss, net of tax benefit of $23,407 and tax benefit $17,822 as of September 30, 2026 and December 31, 2025, respectively (62,372) (43,175)
Retained earnings 438,893 394,335
Less treasury stock; 4,948,595 shares and 4,393,022 shares as of September 30, 2026 and December 31, 2025, respectively (165,482) (149,475)
Total stockholders' equity 808,309 796,386
Total liabilities and stockholders' equity $ 8,043,788 $ 7,869,185