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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 11,692 $ 14,463
Interest-bearing deposits with banks and other short-term investments 684,001 619,017
Investment securities available-for-sale (amortized cost of $1,055,146 and $1,408,935, respectively, and allowance for credit losses of $0 and $22, respectively) 976,770 1,267,404
Investment securities held-to-maturity, net of allowance for credit losses of $1,030 and $1,306, respectively (fair value of $774,947 and $820,382, respectively) 854,780 938,647
Federal Reserve and Federal Home Loan Bank stock 28,327 51,763
Loans held for sale, at lower of cost or fair value 90,650 0
Loans held for investment, at amortized cost 7,280,459 7,934,888
Less: Allowance for credit losses (159,604) (114,390)
Loans held for investment, net of allowance 7,120,855 7,820,498
Premises and equipment, net 12,800 7,694
Right-of-use assets - operating leases 28,451 18,494
Deferred income taxes 132,330 91,472
Bank-owned life insurance 335,177 115,806
Other real estate owned 2,059 2,743
Other assets 219,311 181,507
Total Assets 10,497,203 11,129,508
Deposits:    
Noninterest-bearing demand 1,433,952 1,544,403
Interest-bearing transaction 1,038,154 1,211,791
Savings and money market 3,624,813 3,599,221
Time deposits 3,036,687 2,775,663
Total deposits 9,133,606 9,131,078
Customer repurchase agreements 0 33,157
Other short-term borrowings 0 490,000
Long-term borrowings 76,428 76,108
Operating lease liabilities 35,256 23,815
Reserve for unfunded commitments 5,090 3,463
Other liabilities 115,540 145,826
Total Liabilities 9,365,920 9,903,447
Shareholders’ Equity    
Common stock, par value 0.01 per share; shares authorized 100,000,000, shares issued and outstanding 30,359,632 and 30,202,003, respectively 300 298
Additional paid-in capital 382,499 384,932
Retained earnings 837,643 982,304
Accumulated other comprehensive income (loss) (89,159) (141,473)
Total Shareholders’ Equity 1,131,283 1,226,061
Total Liabilities and Shareholders’ Equity $ 10,497,203 $ 11,129,508