Stockholders' Equity

9 Months Ended

Sep. 30, 2025

Equity [Abstract]

Stockholders' Equity

Stockholders' Equity

The components of accumulated other comprehensive loss, net of tax included in capital are as follows:

Accumulated Other Comprehensive Income (Loss)

	September 30, 2025		December 31, 2024
Unrealized gain (loss) on securities available for sale	$	(33,726)	$	(38,193)
Unamortized gain (loss) on securities held to maturity, previously transferred from AFS	—		1,892
Unrealized loss on derivative instruments	(549)		—
Total accumulated other comprehensive income (loss)	$	(34,275)	$	(36,301)

On August 22, 2025, the Company closed a public offering of 7,138,050 shares of its common stock, at a price to the public of $14.50 per share, which included 931,050 shares of the Company’s common stock granted pursuant to the underwriters’ option to purchase additional shares at the public offering price, less underwriting discounts. This offering generated net proceeds of approximately $98.0 million after deducting the underwriting discounts and commissions and offering expenses payable by the Company.