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Condensed Financial Information-Parent Only | 12 Months Ended
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Dec. 31, 2025
Condensed Financial Information-Parent Only [Abstract] |
Condensed Financial Information-Parent Only | Note 17—Condensed Financial Information—Parent Only Condensed Balance Sheets
|  | December 31,
|  | 2025 |  | 2024
|  |  | (Dollars in thousands)
Assets |  |  |  |  |  |
Cash and due from banks |  | $ | 10,608 |  | $ | 10,650
Investment in subsidiaries |  |  | 870,023 |  |  | 871,388
Other assets |  |  | 27,655 |  |  | 21,107
Total assets |  | $ | 908,286 |  | $ | 903,145
Liabilities and stockholders' equity |  |  |  |  |  |
Other liabilities |  | $ | 8,836 |  | $ | 3,747
Senior debt |  |  | 196,253 |  |  | 96,214
Subordinated debentures |  |  | 13,401 |  |  | 13,401
Shareholders' equity |  |  | 689,796 |  |  | 789,783
Total liabilities and stockholders' equity |  | $ | 908,286 |  | $ | 903,145
Condensed Statements of Operations
|  | For the year ended December 31,
|  | 2025 |  | 2024 |  | 2023
|  |  | (Dollars in thousands)
Income |  |  |  |  |  |  |  |  |
Dividend income from subsidiary |  | $ | 282,000 |  | $ | 259,000 |  | $ | 100,000
Other income |  |  | — |  |  | 34 |  |  | 329
Total income |  |  | 282,000 |  |  | 259,034 |  |  | 100,329
Expense |  |  |  |  |  |  |  |  |
Interest on subordinated debentures |  |  | 1,020 |  |  | 1,155 |  |  | 1,121
Interest on senior debt |  |  | 8,805 |  |  | 4,935 |  |  | 5,027
Non-interest expense |  |  | 20,488 |  |  | 15,701 |  |  | 12,589
Total expense |  |  | 30,313 |  |  | 21,791 |  |  | 18,737
Income tax benefit |  |  | (6,367) |  |  | (4,568) |  |  | (3,864)
Equity in undistributed (loss) income of subsidiaries |  |  | (29,841) |  |  | (24,271) |  |  | 106,840
Net income available to common shareholders |  | $ | 228,213 |  | $ | 217,540 |  | $ | 192,296
Condensed Statements of Cash Flows
|  | Year ended December 31,
|  | 2025 |  | 2024 |  | 2023
|  |  | (Dollars in thousands)
Operating activities |  |  |  |  |  |  |  |  |
Net income |  | $ | 228,213 |  | $ | 217,540 |  | $ | 192,296
Net amortization of investment securities discounts/premiums |  |  | 507 |  |  | 355 |  |  | 82
Increase in other assets |  |  | (6,548) |  |  | (4,557) |  |  | (3,534)
Increase (decrease) in other liabilities |  |  | 5,089 |  |  | 1,515 |  |  | (45)
Stock based compensation expense |  |  | 19,604 |  |  | 14,983 |  |  | 11,392
Equity in undistributed loss (income) |  |  | 29,841 |  |  | 24,271 |  |  | (106,840)
Net cash used in operating activities |  |  | 276,706 |  |  | 254,107 |  |  | 93,351
Financing activities |  |  |  |  |  |  |  |  |
Proceeds from the exercise of common stock options |  |  | 2,061 |  |  | — |  |  | 104
Proceeds of senior debt offering, net |  |  | 195,953 |  |  | — |  |  | (3,273)
Redemption of senior debt maturity |  |  | (96,421) |  |  | — |  |  | —
Repurchases of common stock |  |  | (378,341) |  |  | (252,352) |  |  | (99,999)
Net cash used in financing activities |  |  | (276,748) |  |  | (252,352) |  |  | (103,168)
Net decrease in cash and cash equivalents |  |  | (42) |  |  | 1,755 |  |  | (9,817)
Cash and cash equivalents, beginning of year |  |  | 10,650 |  |  | 8,895 |  |  | 18,712
Cash and cash equivalents, end of year |  | $ | 10,608 |  | $ | 10,650 |  | $ | 8,895

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 235 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 4: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481231/810-10-45-11 + Details
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