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RELATED-PARTY TRANSACTIONS
 12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
RELATED-PARTY TRANSACTIONS RELATED-PARTY TRANSACTIONS
The Bank extends credit to certain covered parties including Company directors, executive officers, and their affiliates. As of December 31, 2025 and 2024, there were no delinquent or non-performing loans to any executive officer or director of the Company. These covered parties, along with principal owners, management, immediate family of management or principal owners, a parent company and its subsidiaries, trusts for the benefit of employees, and other parties, may be considered related parties. The following table presents a summary of related-party loan activity for the fiscal years then ended:
Year Ended December 31,
(dollars in thousands)
20252024
Balance at beginning of year$4,732 $25,358 
Funded loans1,566 12,515 
Payments collected(1,691)(29,384)
Changes in related parties— (3,757)
Balance at end of period$4,607 $4,732 
Deposits from related parties held by the Bank as of December 31, 2025 and 2024 totaled $14.8 million and $16.4 million, respectively.
The Company leases office spaces from entities controlled by one of the Company’s Board of Director members. During each of the years ended December 31, 2025 and 2024, the Company incurred $0.6 million of expense related to these leases.
The Company earned trust and investment management fees of $0.1 million from related parties during each of the years ended December 31, 2025 and 2024. Assets under management for those related parties totaled $101.3 million and $113.2 million as of December 31, 2025 and 2024, respectively.