Note 11 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Year Ended December 31,
	2025			2024			2023
	($ In thousands)
Current:
Federal	$	20,278		$	15,762		$	5,428
State		42,651			36,557			48,812
Total Current	$	62,929		$	52,319		$	54,240
Deferred:
Federal	$	14,909		$	(18,923	)	$	(1,676	)
State		(2,764	)		(1,833	)		(3,106	)
Total Deferred	$	12,145		$	(20,756	)	$	(4,782	)
Total income tax expense	$	75,074		$	31,563		$	49,458

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	As of December 31,
	2025			2024
	($ In thousands)
Deferred Tax Assets
Loan loss allowance	$	64,866		$	52,484
Accrual for bonuses		7,093			5,770
Non-accrual interest		1,932			3,642
Write-down on equity securities and venture capital investments		4,010			1,958
Depreciation and amortization		1,703			—
Investment in affordable housing partnerships		2,913			—
State tax		—			2,910
Unrealized loss on securities available-for-sale, net		19,236			32,333
Tax credits carried forward		8,223			29,307
Net operating loss carried forward		3,276			3,249
Other, net		6,120			6,176
Gross deferred tax assets	$	119,372		$	137,829
Deferred Tax Liabilities
Investment in partnerships	$	(5,531	)	$	—
Deferred loan costs		(9,565	)		(9,569	)
Unrealized gain on interest rate swaps		(315	)		(502	)
Unrealized gain on equity securities		(4,899	)		(2,460	)
Dividends on Federal Home Loan Bank common stock		(990	)		(976	)
Other, net		(5,196	)		(4,712	)
Gross deferred tax liabilities	$	(26,496	)	$	(18,219	)
Net deferred tax assets	$	92,876		$	119,610

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Year Ended December 31,
	2025					2024					2023
	($ In thousands)
US federal income tax rate expense computed at the statutory rate	$	81,942		21.0	%	$	66,684		21.0	%	$	84,752		21.0	%
Domestic Federal
Tax Credits:
Low-income housing tax credits		(40,179	)	(10.3	)		(35,448	)	(11.1	)		(32,395	)	(8.1	)
Solar investment tax credits		—		—			(28,517	)	(9.0	)		(41,320	)	(10.2	)
Non-taxable and non-deductible items		1,867		0.5			2,060		0.6			3,231		0.8
Other, net		(67	)	—			(648	)	(0.2	)		(917	)	(0.2	)
Domestic State and Local Income Taxes, Net of Federal Income Tax Effect (1)		31,511		8.0			27,432		8.6			36,107		9.0
Income tax expense and effective tax rate, as reported	$	75,074		19.2	%	$	31,563		9.9	%	$	49,458		12.3	%
(1) State and local income taxes in California, New York State and New York City comprise the majority (greater than 50 percent) of the tax effect in this category for years 2025, 2024 and 2023.

Summary of Income Tax Paid Net of Refunds [Table Text Block]

	Year Ended December 31,
	2025		2024		2023
	($ In thousands)
Federal income tax	$	4,147	$	16,000	$	18,200
State and local income tax
California	$	16,326	$	24,000	$	30,500
New York State		5,876		10,282		11,800
New York City		10,000		5,000		8,700
Other		1,349		863		1,112
Total State and local income tax	$	33,551	$	40,145	$	52,112
Total income tax paid	$	37,698	$	56,145	$	70,312