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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 518,000 $ 338,000
Interest-earning deposits at banks 5,025,000 9,115,000
Investment in marketable equity securities (cost of $75 at December 31, 2022 and $73 at December 31, 2021) 95,000 98,000
Investment securities available for sale (cost of $9,967 at December 31, 2022 and $9,215 at December 31, 2021) 8,995,000 9,203,000
Investment securities held to maturity (fair value of $8,795 at December 31, 2022 and $3,759 at December 31, 2021) 10,279,000 3,809,000
Assets held for sale 60,000 99,000
Loans and leases 70,781,000 32,372,000
Allowance for credit losses (922,000) (178,000)
Loans and leases, net of allowance for credit losses 69,859,000 32,194,000
Operating lease equipment, net 8,156,000 0
Premises and equipment, net 1,456,000 1,233,000
Goodwill 346,000 346,000
Other intangible assets 140,000 19,000
Other assets 4,369,000 1,855,000
Total assets 109,298,000 58,309,000
Deposits:    
Noninterest-bearing 24,922,000 21,405,000
Interest-bearing 64,486,000 30,001,000
Total deposits 89,408,000 51,406,000
Credit balances of factoring clients 995,000 0
Borrowings:    
Short-term borrowings 2,186,000 589,000
Long-term borrowings 4,459,000 1,195,000
Total borrowings 6,645,000 1,784,000
Other liabilities 2,588,000 381,000
Total liabilities 99,636,000 53,571,000
Stockholders’ equity    
Preferred stock - $0.01 par value (10,000,000 shares authorized at December 31, 2022 and December 31, 2021) 881,000 340,000
Additional paid in capital 4,109,000 0
Retained earnings 5,392,000 4,378,000
Accumulated other comprehensive (loss) income (735,000) 10,000
Stockholders' Equity Attributable to Parent, Total 9,662,000 4,738,000
Total liabilities and stockholders’ equity 109,298,000 58,309,000
Class A Common Stock    
Stockholders’ equity    
Common stock 14,000 9,000
Class B Common Stock    
Stockholders’ equity    
Common stock $ 1,000 $ 1,000