Regulatory Capital Requirements

9 Months Ended

Sep. 30, 2025

Regulatory Capital Requirements [Abstract]

Regulatory Capital Requirements

(10) Regulatory Capital Requirements

Banks and bank holding companies are subject to regulatory capital requirements administered by federal banking agencies. Capital adequacy regulations and, additionally for banks, the prompt corrective action regulations, involve quantitative measures of assets, liabilities, and certain off-balance-sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators. Failure to meet capital requirements can result in regulatory action. As of September 30, 2025, the Company and Bank meet all capital adequacy requirements to which they are subject.

Prompt corrective action regulations provide five classifications: well capitalized, adequately capitalized, undercapitalized, significantly undercapitalized, and critically undercapitalized, although these terms are not used to represent overall financial condition. If a bank is not classified as well capitalized, regulatory approval is required to accept brokered deposits. If a bank is undercapitalized, capital distributions are limited, as is asset growth and expansion, and capital restoration plans are required. The federal banking agencies are required to take certain supervisory actions (and may take additional discretionary actions) with respect to an undercapitalized institution or its holding company. Such actions could have a direct material effect on an institution’s or its holding company’s financial statements. As of both September 30, 2025 and December 31, 2024, the most recent regulatory notifications categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the Bank’s category.

The Bank and the Company reported the following capital ratios as of September 30, 2025 and December 31, 2024:

(Bank Only)									Minimum for
									Capital Adequacy plus
	As of September 30, 2025					Well			Capital Conservation
(dollars in thousands)	Amount		Ratio			Capitalized(1)			Buffer (1)(2)
Tier 1 leverage ratio	$	672,243		10.576	%		5.000	%		4.000	%
Common equity tier 1 capital		672,243		18.669			6.500			7.000
Tier 1 risk-based capital		672,243		18.669			8.000			8.500
Total risk-based capital		717,360		19.922			10.000			10.500

									Minimum for
									Capital Adequacy plus
	As of December 31, 2024					Well			Capital Conservation
(dollars in thousands)	Amount		Ratio			Capitalized(1)			Buffer (1)(2)
Tier 1 leverage ratio	$	652,668		10.618	%		5.000	%		4.000	%
Common equity tier 1 capital		652,668		18.542			6.500			7.000
Tier 1 risk-based capital		652,668		18.542			8.000			8.500
Total risk-based capital		696,767		19.795			10.000			10.500

(Consolidated)
						Minimum for
						Capital Adequacy plus
	As of September 30, 2025					Capital Conservation
(dollars in thousands)	Amount		Ratio			Buffer (1)(2)
Tier 1 leverage ratio	$	688,505		10.831	%		4.000	%
Common equity tier 1 capital		688,505		19.116			7.000
Tier 1 risk-based capital		688,505		19.116			8.500
Total risk-based capital		733,634		20.369			10.500

						Minimum for
						Capital Adequacy plus
	As of December 31, 2024					Capital Conservation
(dollars in thousands)	Amount		Ratio			Buffer (1)(2)
Tier 1 leverage ratio	$	679,651		11.054	%		4.000	%
Common equity Tier 1 capital		679,651		19.303			7.000
Tier 1 risk-based capital		679,651		19.303			8.500
Total risk-based capital		723,762		20.556			10.500

(1) Federal regulatory minimum requirements to be considered to be Well Capitalized and Adequately Capitalized

(2) The September 30, 2025 and December 31, 2024 common equity tier 1, tier 1 risk-based, and total risk-based capital ratios include a capital conservation buffer of 2.50 percent