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Fair Value (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Changes In Company's Level 3 Assets |
| Investment |  | Commercial loans,
| securities |  | at fair value
| December 31, 2025 |  | December 31, 2024 |  | December 31, 2025 |  | December 31, 2024
Beginning balance | $ | 3,462 |  | $ | 12,071 |  | $ | 223,115 |  | $ | 332,766
Transfers to OREO |  | — |  |  | — |  |  | — |  |  | (2,863)
Total net (losses) or gains (realized/unrealized) |  |  |  |  |  |  |  |  |  |  |
Included in earnings(1) |  | — |  |  | — |  |  | 1,815 |  |  | 3,016
Included in earnings (included in credit loss) |  | — |  |  | — |  |  | — |  |  | —
Included in other comprehensive income (loss) |  | — |  |  | 503 |  |  | — |  |  | —
Purchases, advances, sales and settlements |  |  |  |  |  |  |  |  |  |  |
Advances |  | — |  |  | — |  |  | 3,651 |  |  | —
Settlements |  | (3,462) |  |  | (9,112) |  |  | (89,192) |  |  | (109,804)
Ending balance | $ | — |  | $ | 3,462 |  | $ | 139,389 |  | $ | 223,115
Total losses year-to-date included |  |  |  |  |  |  |  |  |  |  |
in earnings attributable to the change in |  |  |  |  |  |  |  |  |  |  |
unrealized gains or losses relating to assets still |  |  |  |  |  |  |  |  |  |  |
held at the reporting date as shown above. | $ | — |  | $ | — |  | $ | — |  | $ | (683)
(1)For commercial loans at fair value, gains or losses are recognized in Non-interest income—Net realized and unrealized gains on commercial loans, at fair value in the Consolidated Statements of Operations.
Fair Value Inputs, Assets, Quantitative Information |
|  | Fair value at |  |  |  |  |  |  |  |
|  | December 31, 2025 |  | Valuation techniques |  | Unobservable inputs |  | Range |  | Weighted average
Commercial loans, at fair value: |  |  |  |  |  |  |  |  |  |  |
Commercial - SBA |  | $ | 68,374 |  | Discounted cash flow |  | Discount rate |  | 5.73% |  | 5.73%
Non-SBA commercial real estate |  |  | 71,015 |  | Discounted cash flow and appraisal |  | Discount rate |  | 6.50%-8.98% |  | 6.94%
|  | $ | 139,389 |  |  |  |  |  |  |  |
|  | Fair value at |  |  |  |  |  |  |  |
|  | December 31, 2024 |  | Valuation techniques |  | Unobservable inputs |  | Range |  | Weighted average
Investment securities: |  |  |  |  |  |  |  |  |  |  |
Commercial mortgage-backed investment security |  | $ | 3,462 |  | Discounted cash flow |  | Discount rate |  | 9.45% |  | 9.45%
Commercial loans, at fair value: |  |  |  |  |  |  |  |  |  |  |
Commercial - SBA |  | $ | 89,902 |  | Discounted cash flow |  | Discount rate |  | 6.77% |  | 6.77%
Non-SBA commercial real estate |  |  | 133,213 |  | Discounted cash flow and appraisal |  | Discount rate |  | 6.80%-11.50% |  | 8.77%
|  | $ | 223,115 |  |  |  |  |  |  |  |
Schedule Of Other Real Estate Owned |
| December 31, 2025 |  | December 31, 2024
Beginning balance | $ | 62,025 |  | $ | 16,949
Transfer from loans, net |  | 1,978 |  |  | 42,120
Total realized net gains included in earnings: Non-interest expense - other(1) |  | 754 |  |  | —
Transfer from commercial loans, at fair value |  | — |  |  | 2,863
Advances |  | 2,142 |  |  | 1,695
Sales |  | (6,204) |  |  | (1,602)
Ending balance | $ | 60,695 |  | $ | 62,025
(1)Recognized in Non-interest expense - Other in the Consolidated Statements of Operations.
Carrying Amount And Estimated Fair Value Of Assets And Liabilities |
| December 31, 2025
| Carrying |  | Estimated |  |  |  |  |  |
| amount |  | fair value |  | Level 1 |  | Level 2 |  | Level 3
ASSETS: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment securities, available-for-sale | $ | 1,671,750 |  | $ | 1,671,750 |  | $ | — |  | $ | 1,671,750 |  | $ | —
Commercial loans, at fair value |  | 139,389 |  |  | 139,389 |  |  | — |  |  | — |  |  | 139,389
Loans, net of deferred loan fees and costs |  | 7,116,676 |  |  | 7,073,348 |  |  | — |  |  | — |  |  | 7,073,348
FRB, FHLB and ACBB stock |  | 25,205 |  |  | 25,205 |  |  | — |  |  | — |  |  | 25,205
Accrued interest receivable |  | 43,090 |  |  | 43,090 |  |  | — |  |  | 43,090 |  |  | —
Credit enhancement asset |  | 31,138 |  |  | 31,138 |  |  | — |  |  | 31,138 |  |  | —
LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  |  |  |  |  |  |  |  |  |  |  |  |
Demand and interest checking |  | 7,827,037 |  |  | 7,827,037 |  |  | — |  |  | 7,827,037 |  |  | —
Savings and money market |  | 338,459 |  |  | 338,459 |  |  | — |  |  | 338,459 |  |  | —
Short-term borrowings |  | 199,000 |  |  | 199,000 |  |  | — |  |  | 199,000 |  |  | —
Senior debt |  | 196,253 |  |  | 202,503 |  |  | — |  |  | 202,503 |  |  | —
Subordinated debentures |  | 13,401 |  |  | 11,220 |  |  | — |  |  | — |  |  | 11,220
Other long-term borrowings |  | 13,712 |  |  | 13,712 |  |  | — |  |  | 13,712 |  |  | —
Other liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accrued interest payable |  | 6,802 |  |  | 6,802 |  |  | — |  |  | 6,802 |  |  | —
| December 31, 2024
| Carrying |  | Estimated |  |  |  |  |  |
| amount |  | fair value |  | Level 1 |  | Level 2 |  | Level 3
ASSETS: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment securities, available-for-sale | $ | 1,502,860 |  | $ | 1,502,860 |  | $ | — |  | $ | 1,499,398 |  | $ | 3,462
Commercial loans, at fair value |  | 223,115 |  |  | 223,115 |  |  | — |  |  | — |  |  | 223,115
Loans, net of deferred loan fees and costs |  | 6,113,628 |  |  | 5,998,293 |  |  | — |  |  | — |  |  | 5,998,293
FRB, FHLB and ACBB stock |  | 15,642 |  |  | 15,642 |  |  | — |  |  | — |  |  | 15,642
Accrued interest receivable |  | 41,713 |  |  | 41,713 |  |  | — |  |  | 41,713 |  |  | —
Credit enhancement asset |  | 12,909 |  |  | 12,909 |  |  | — |  |  | 12,909 |  |  | —
LIABILITIES: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  |  |  |  |  |  |  |  |  |  |  |  |
Demand and interest checking |  | 7,434,212 |  |  | 7,434,212 |  |  | — |  |  | 7,434,212 |  |  | —
Savings and money market |  | 311,834 |  |  | 311,834 |  |  | — |  |  | 311,834 |  |  | —
Senior debt |  | 96,214 |  |  | 99,000 |  |  | — |  |  | 99,000 |  |  | —
Subordinated debentures |  | 13,401 |  |  | 11,320 |  |  | — |  |  | — |  |  | 11,320
Other long-term borrowings |  | 14,081 |  |  | 14,081 |  |  | — |  |  | 14,081 |  |  | —
Other liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accrued interest payable |  | 2,612 |  |  | 2,612 |  |  | — |  |  | 2,612 |  |  | —
Fair Value, Measurements, Recurring [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Assets Measured At Fair Value On A Recurring And Nonrecurring Basis |
|  |  |  | December 31, 2025
| Total |  | Level 1 |  | Level 2 |  | Level 3
Investment securities, available-for-sale |  |  |  |  |  |  |  |  |  |  |
Investment securities, available-for-sale |  |  |  |  |  |  |  |  |  |  |
U.S. Government agency securities | $ | 25,109 |  | $ | — |  | $ | 25,109 |  | $ | —
Asset-backed securities |  | 234,101 |  |  | — |  |  | 234,101 |  |  | —
Obligations of states and political subdivisions |  | 28,563 |  |  | — |  |  | 28,563 |  |  | —
Residential mortgage-backed securities |  | 464,323 |  |  | — |  |  | 464,323 |  |  | —
Collateralized mortgage obligation securities |  | 57,580 |  |  | — |  |  | 57,580 |  |  | —
Commercial mortgage-backed securities |  | 862,074 |  |  | — |  |  | 862,074 |  |  | —
Total investment securities, available-for-sale |  | 1,671,750 |  |  | — |  |  | 1,671,750 |  |  | —
Commercial loans, at fair value |  | 139,389 |  |  | — |  |  | — |  |  | 139,389
Credit enhancement asset |  | 31,138 |  |  | — |  |  | 31,138 |  |  | —
| $ | 1,842,277 |  | $ | — |  | $ | 1,702,888 |  | $ | 139,389
|  |  |  | December 31, 2024
| Total |  | Level 1 |  | Level 2 |  | Level 3
Investment securities, available-for-sale | . |  |  |  |  |  |  |  |  |  |
Investment securities, available-for-sale |  |  |  |  |  |  |  |  |  |  |
U.S. Government agency securities | $ | 29,962 |  | $ | — |  | $ | 29,962 |  | $ | —
Asset-backed securities |  | 214,499 |  |  | — |  |  | 214,499 |  |  | —
Obligations of states and political subdivisions |  | 35,620 |  |  | — |  |  | 35,620 |  |  | —
Residential mortgage-backed securities |  | 433,419 |  |  | — |  |  | 433,419 |  |  | —
Collateralized mortgage obligation securities |  | 26,152 |  |  | — |  |  | 26,152 |  |  | —
Commercial mortgage-backed securities |  | 763,208 |  |  | — |  |  | 759,746 |  |  | 3,462
Total investment securities, available-for-sale |  | 1,502,860 |  |  | — |  |  | 1,499,398 |  |  | 3,462
Commercial loans, at fair value |  | 223,115 |  |  | — |  |  | — |  |  | 223,115
Credit enhancement asset |  | 12,909 |  |  | — |  |  | 12,909 |  |  | —
| $ | 1,738,884 |  | $ | — |  | $ | 1,512,307 |  | $ | 226,577
Fair Value, Measurements, Nonrecurring [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Assets Measured At Fair Value On A Recurring And Nonrecurring Basis |
|  |  |  | Fair Value Measurements at Reporting Date Using
| Fair value |  |  |  |  |  |
| December 31, 2025 |  | Level 1 |  | Level 2 |  | Level 3
Loans, net: |  |  |  |  |  |  |  |  |  |  |
Collateral dependent loans with specific reserves | $ | 15,190 |  | $ | — |  | $ | — |  | $ | 15,190
Other real estate owned |  | 60,695 |  |  | — |  |  | — |  |  | 60,695
| $ | 75,885 |  | $ | — |  | $ | — |  | $ | 75,885
|  |  |  | Fair Value Measurements at Reporting Date Using
| Fair value |  |  |  |  |  |
| December 31, 2024 |  | Level 1 |  | Level 2 |  | Level 3
Loans, net: |  |  |  |  |  |  |  |  |  |  |
Collateral dependent loans with specific reserves | $ | 6,587 |  | $ | — |  | $ | — |  | $ | 6,587
Other real estate owned |  | 62,025 |  |  | — |  |  | — |  |  | 62,025
| $ | 68,612 |  | $ | — |  | $ | — |  | $ | 68,612

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