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Loans
 12 Months Ended
Dec. 31, 2025
Receivables [Abstract]  
Loans LOANS
The following table presents a summary of loans by category:
($ in thousands)
December 31, 2025(1)
December 31, 2024
C&I$5,236,473 $4,720,428 
Real estate loans:
Commercial - investor owned2,986,906 2,607,755 
Commercial - owner occupied2,460,761 2,359,956 
Construction and land development689,357 892,563 
Residential367,127 358,923 
Total real estate loans6,504,151 6,219,197 
Consumer60,469 281,193 
Loans, before unearned loan fees11,801,093 11,220,818 
Unearned loan fees, net(755)(463)
    Loans, including unearned loan fees$11,800,338 $11,220,355 
(1)Certain loans were reclassified from Consumer and into other categories in 2025. Prior period amounts were not adjusted.

The loan balance includes a net premium on acquired loans of $0.2 million and $7.8 million at December 31, 2025 and 2024, respectively. At December 31, 2025 and 2024, loans of $6.3 billion and $5.7 billion, respectively, were pledged to the FHLB and the Federal Reserve.

Consumer mortgage loans secured by residential real estate in process of foreclosure totaled $0.2 million at December 31, 2025. The Company had no consumer mortgage loans secured by residential real estate in process of foreclosure as of December 31, 2024.

Loans to executive officers and directors, or to entities in which such individuals had beneficial interests as a stockholder, officer, or director were immaterial for the years ended December 31, 2025 and 2024. Such loans were made in the normal course of business on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other clients and did not involve more than the normal risk of collectibility.
The following table presents a summary of the activity, by loan category, in the ACL on loans for 2023, 2024, and 2025 as follows:
($ in thousands)C&ICRE - investor ownedCRE - owner occupiedConstruction and land developmentResidential real estateConsumerTotal
2023
ACL on loans:       
Balance, beginning of year$53,835 $36,191 $22,752 $11,444 $7,928 $4,782 $136,932 
Provision (benefit) for credit losses38,308 (335)523 (1,300)(2,109)796 35,883 
Charge-offs(36,302)(4,869)— (9)(656)(1,379)(43,215)
Recoveries3,045 293 130 63 979 661 5,171 
Balance, end of year$58,886 $31,280 $23,405 $10,198 $6,142 $4,860 $134,771 
2024
ACL on loans:       
Balance, beginning of year$58,886 $31,280 $23,405 $10,198 $6,142 $4,860 $134,771 
Provision (benefit) for credit losses14,770 3,502 (60)2,764 128 (475)20,629 
Charge-offs(13,073)(700)(3,074)(3,224)(878)(925)(21,874)
Recoveries2,648 135 129 99 1,142 271 4,424 
Balance, end of year$63,231 $34,217 $20,400 $9,837 $6,534 $3,731 $137,950 
2025
ACL on loans:       
Balance, beginning of year$63,231 $34,217 $20,400 $9,837 $6,534 $3,731 $137,950 
Provision (benefit) for credit losses19,514 (44)(1,051)4,418 1,402 (1,163)$23,076 
Initial allowance on PSLs971 1,034 1,257 1 17 18 $3,298 
Charge-offs(23,326)(3,972)(2,061)(3,281)(912)(964)$(34,516)
Recoveries7,955 330 673 41 982 233 $10,214 
Balance, end of year$68,345 $31,565 $19,218 $11,016 $8,023 $1,855 $140,022 

The Company recorded a provision for credit losses on loans of $23.1 million and $20.6 million for the years ended December 31, 2025 and 2024, respectively. An additional provision for credit losses of $3.3 million and $0.9 million was recorded in 2025 and 2024, respectively, for securities, unfunded commitments and accrued interest on nonaccrual loans.

The CECL methodology incorporates various economic scenarios. The Company utilizes three forecasts in the model; Moody’s baseline, a stronger near-term growth upside and a moderate downside forecast. The Company weights these scenarios at 40%, 30%, and 30%, respectively, which added approximately $12.8 million to the ACL over the baseline model at December 31, 2025. The forecasts at the end of 2025 incorporate an expectation that the federal funds rate will continue to fall in 2026. The Company has also recognized various risks posed by loans in certain segments, including the commercial office sector, by allocating additional reserves to those segments. Some of the key risks to the forecasts that could result in future provision for credit losses are market reactions to the Federal Reserve policy actions that could push the economy into a recession, persistently higher inflation (including the impact of tariffs), tightening in the credit markets, and weakness in the financial system.

In addition to the CECL methodology, the Company incorporates qualitative adjustments into the ACL on loans to capture credit risks inherent within the loan portfolio that are not captured in the DCF model. Included in these risks are 1) changes in lending policies and procedures, 2) actual and expected changes in business and economic conditions, 3) changes in the nature and volume of the portfolio, 4) changes in lending management, 5) changes in volume and the severity of past due loans, 6) changes in the quality of the loan review system, 7) changes in the value of underlying collateral, 8) the existence and effect of concentrations of credit and 9) other factors such as the regulatory, legal and competitive environments and events such as natural disasters and pandemics. At December 31, 2025, the ACL on loans included a qualitative adjustment of $31.5 million. Of this amount, $20.9 million was allocated to Sponsor Finance loans due to their unsecured nature.
The following tables present a summary of gross charge-offs by loan class and year of origination:
December 31, 2025
Term Loans by Origination Year
($ in thousands)20252024202320222021PriorRevolving Loans Converted to Term LoansRevolving LoansTotal
C&I$30 $2,159 $4,661 $1,280 $35 $1,167 $1,651 $11,870 $22,853 
Real estate:
Commercial - investor owned— — — — 3,972 — — — 3,972 
Commercial - owner occupied— 594 285 — 284 898 — — 2,061 
Construction and land development— — — 146 — 3,135 — — 3,281 
Residential— — — — — 646 266 — 912 
Consumer— — — — 177 68 5 — 250 
Total charge-offs by origination year$30 $2,753 $4,946 $1,426 $4,468 $5,914 $1,922 $11,870 $33,329 
Total gross charge-offs by performing status1,187 
Total gross charge-offs$34,516 

December 31, 2024
Term Loans by Origination Year
($ in thousands)20242023202220212020PriorRevolving Loans Converted to Term LoansRevolving LoansTotal
C&I$312 $2,646 $3,043 $35 $166 $772 $2,205 $3,589 $12,768 
Real estate:
Commercial - investor owned— — — 252 — 448 — — 700 
Commercial - owner occupied— — 41 475 10 2,548 — — 3,074 
Construction and land development— — — — 3,224 — — — 3,224 
Residential— — 166 15 — 471 202 24 878 
Consumer4 17 — 58 — 79 103 1 262 
Total charge-offs by origination year$316 $2,663 $3,250 $835 $3,400 $4,318 $2,510 $3,614 $20,906 
Total gross charge-offs by performing status968 
Total gross charge-offs$21,874 
The following tables present the recorded balance in nonperforming loans by category, excluding government guaranteed balances: 
December 31, 2025
($ in thousands)NonaccrualLoans over 90 days past due and still accruing interestTotal nonperforming loansNonaccrual loans with no allowance
C&I$26,359 $1,620 $27,979 $14,800 
Real estate:
    Commercial - investor owned36,988 — 36,988 23,685 
    Commercial - owner occupied9,338 — 9,338 7,927 
    Construction and land development155 — 155 — 
    Residential8,340 — 8,340 8,099 
Consumer— 9 9 — 
       Total$81,180 $1,629 $82,809 $54,511 

December 31, 2024
($ in thousands)NonaccrualLoans over 90 days past due and still accruing interestTotal nonperforming loansNonaccrual loans with no allowance
C&I$15,810 $11 $15,821 $4,279 
Real estate:
    Commercial - investor owned14,186 — 14,186 2,106 
    Commercial - owner occupied10,910 — 10,910 8,235 
    Construction and land development1,503 — 1,503 1,503 
    Residential258 — 258 — 
Consumer— 9 9 — 
       Total$42,667 $20 $42,687 $16,123 

The nonperforming loan balances at December 31, 2025 and December 31, 2024 exclude government guaranteed balances of $28.9 million and $22.0 million, respectively. Interest income recognized on nonaccrual loans was immaterial in the years ending December 31, 2025, 2024, and 2023.
The following tables present a summary of collateral-dependent nonperforming loans by class of loan as of the dates indicated:

December 31, 2025
Type of Collateral
($ in thousands)CREResidential Real EstateBlanket LienOther
C&I$— $19 $3,391 $15,644 
Real estate:
Commercial - investor owned35,701 — — — 
Commercial - owner occupied4,610 456 — — 
Residential— 8,099 — — 
Total$40,311 $8,574 $3,391 $15,644 

December 31, 2024
Type of Collateral
($ in thousands)CREResidential Real EstateBlanket LienOther
C&I$— $— $4,279 $3,495 
Real estate:
Commercial - investor owned14,136 — — — 
Commercial - owner occupied7,521 482 486 — 
Total$21,657 $482 $4,765 $3,495 

The following tables present a summary of aging of the recorded balance in past due loans by class and category as of the dates indicated:
December 31, 2025
($ in thousands)30-89 Days
 Past Due		90 or More
Days
Past Due		Total
Past Due		CurrentTotal
C&I$6,822 $25,327 $32,149 $5,204,324 $5,236,473 
Real estate:
Commercial - investor owned3,627 38,063 41,690 2,945,216 2,986,906 
Commercial - owner occupied5,274 21,110 26,384 2,434,377 2,460,761 
Construction and land development4,881 583 5,464 683,893 689,357 
Residential7,457 2,516 9,973 357,154 367,127 
Consumer57 9 66 60,403 60,469 
Loans, before unearned loan fees$28,118 $87,608 $115,726 $11,685,367 11,801,093 
Unearned loan fees, net(755)
Total$11,800,338 
December 31, 2024
($ in thousands)30-89 Days
 Past Due		90 or More
Days
Past Due		Total
Past Due		CurrentTotal
C&I$1,948 $12,228 $14,176 $4,706,252 $4,720,428 
Real estate:
Commercial - investor owned1,377 14,333 15,710 2,592,045 2,607,755 
Commercial - owner occupied10,542 18,591 29,133 2,330,823 2,359,956 
Construction and land development101 5,620 5,721 886,842 892,563 
Residential2,833 258 3,091 355,832 358,923 
Consumer34 9 43 281,150 281,193 
Loans, before unearned loan fees$16,835 $51,039 $67,874 $11,152,944 11,220,818 
Unearned loan fees, net(463)
Total$11,220,355 

The ACL incorporates an estimate of lifetime expected credit losses and is recorded on each asset upon origination or acquisition. The starting point for the estimate of the ACL is historical loss information, which includes losses from modifications of receivables to borrowers experiencing financial difficulty. The Company uses a probability of default and loss given default model to determine the ACL.

An assessment of whether a borrower is experiencing financial difficulty is made on the date of a modification. The effect of most modifications made to borrowers experiencing financial difficulty is already included in the ACL because of the measurement methodologies used to estimate the allowance.

The most common concession the Company provides to borrowers experiencing financial difficulty is a term extension. In limited circumstances, the Company may modify loans by providing principal forgiveness or an interest rate reduction. When principal forgiveness is provided, the amortized cost basis of the asset is written off against the ACL. The amount of the principal forgiveness is deemed to be uncollectible; therefore, that portion of the loan is written off, resulting in a reduction of the amortized cost basis and a corresponding adjustment to the ACL.

In some cases, the Company will modify a loan by providing multiple types of concessions. Typically, one type of concession, such as a term extension, is granted initially. If the borrower continues to experience financial difficulty, another concession, such as an interest rate reduction or principal forgiveness, may be granted.

The following tables present the recorded balance for the periods listed of loans modified to borrowers experiencing financial difficulty, disaggregated by loan class and type of concession granted:
Term ExtensionInterest Rate ReductionTotal
Twelve months endedTwelve months endedTwelve months ended
($ in thousands)December 31,
2025		Percent of Total Loan ClassDecember 31,
2025		Percent of Total Loan ClassDecember 31,
2025		Percent of Total Loan Class
C&I$51,384 0.98 %$— — %$51,384 0.98 %
Real estate:
Commercial - investor owned242 0.01 %— — %242 0.01 %
Commercial - owner occupied5,815 0.24 %9,408 0.38 %15,223 0.62 %
Residential460 0.13 %— — %460 0.13 %
Total$57,901 0.49 %$9,408 0.08 %$67,309 0.57 %
Term ExtensionPayment DelayTotal
Twelve months endedTwelve months endedTwelve months ended
($ in thousands)December 31, 2024Percent of Total Loan ClassDecember 31, 2024Percent of Total Loan ClassDecember 31, 2024Percent of Total Loan Class
C&I$43,094 0.91 %$567 0.01 %$43,661 0.92 %
Real estate:
Commercial - investor owned256 0.01 %— — %256 0.01 %
Commercial - owner occupied12,890 0.54 %— — %12,890 0.54 %
Residential69 0.02 %— — %69 0.02 %
Total$56,309 0.50 %$567 0.01 %$56,876 0.51 %

The Company had $10.8 million in commitments to lend additional funds to borrowers experiencing financial difficulty included in the previous table at December 31, 2025. There were $0.5 million and $6.6 million of loans modified to borrowers experiencing financial difficulty that were also included in nonperforming loans, excluding government guaranteed balances, as of December 31, 2025 and December 31, 2024, respectively.

The following tables summarize the financial impacts of loan modifications made to borrowers experiencing financial difficulty and outstanding at the date indicated:

Weighted Average Term Extension (in months)Weighted Average Interest Reduction (%)
Twelve months endedTwelve months ended
($ in thousands)December 31, 2025December 31, 2025
C&I6— %
Real estate:
Commercial - investor owned12— %
Commercial - owner occupied150.50 %
Residential4— %

Weighted Average Term Extension (in months)Amount of Payment Delay
Twelve months endedTwelve months ended
December 31, 2024December 31, 2024
C&I6$85 
Real estate:
Commercial - investor owned12— 
Commercial - owner occupied22— 
Residential24— 
The following tables present the aging of the recorded balance of modified loans in the last 12 months by class at the date indicated:

December 31, 2025
($ in thousands)Current30-89 Days
 Past Due		90 or More
Days
Past Due		Total
C&I$50,388 $995 $— $51,383 
Real estate:
Commercial - investor owned242 — — 242 
Commercial - owner occupied15,224 — — 15,224 
Residential— 460 — 460 
Total$65,854 $1,455 $— $67,309 


December 31, 2024
($ in thousands)Current30-89 Days
 Past Due		90 or More
Days
Past Due		Total
C&I$42,243 $567 $851 $43,661 
Real estate:
Commercial - investor owned256 — — 256 
Commercial - owner occupied11,972 — 918 12,890 
Residential69 — — 69 
Total$54,540 $567 $1,769 $56,876 

The following table summarizes loans that experienced a default during the twelve months ended December 31, 2025 and December 31, 2024, subsequent to being granted a modification in the preceding twelve months. These loans were charged-off during the preceding periods. Default is defined as movement to nonperforming status, foreclosure or charge-off.
Term Extension
Twelve months ended
($ in thousands)December 31, 2025Percent of Total Loan ClassDecember 31, 2024Percent of Total Loan Class
C&I$— — %$1,000 0.02 %
Real estate:
Residential460 0.13 %— — %
Consumer— — %4 NM
Total$460 $1,004 

As of December 31, 2025 and December 31, 2024, the Company allocated an immaterial amount in specific reserves to loans that have been restructured.
The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt, such as current financial information, payment experience, credit documentation, and current economic factors among other factors. This analysis is performed on a quarterly basis. The Company uses the following definitions for risk ratings:
•Grades 1, 2, and 3 – Includes loans to borrowers with a continuous record of strong earnings, sound balance sheet condition and capitalization, ample liquidity with solid cash flow, and whose management team has experience and depth within their industry.
•Grade 4 – Includes loans to borrowers with positive trends in profitability, satisfactory capitalization and balance sheet condition, and sufficient liquidity and cash flow.
•Grade 5 – Includes loans to borrowers that may display fluctuating trends in sales, profitability, capitalization, liquidity, and cash flow.
•Grade 6 – Includes loans to borrowers where an adverse change or perceived weakness has occurred, but may be correctable in the near future. Alternatively, this rating category may also include circumstances where the borrower is starting to reverse a negative trend or condition, or has recently been upgraded from a 7, 8, or 9 rating.
•Grade 7 – Special Mention credits are borrowers that have experienced financial setback of a nature that is not determined to be severe or influence ‘ongoing concern’ expectations. Although possible, no loss is anticipated, due to strong collateral and/or guarantor support.
•Grade 8 – Substandard credits include those borrowers characterized by significant losses and sustained downward trends in balance sheet condition, liquidity, and cash flow. Repayment reliance may have shifted to secondary sources. Collateral exposure may exist and additional reserves may be warranted.
•Grade 9 – Doubtful credits include borrowers that may show deteriorating trends that are unlikely to be corrected. Collateral values may appear insufficient for full recovery, therefore requiring a partial charge-off, or debt renegotiation with the borrower. The borrower may have declared bankruptcy or bankruptcy is likely in the near term. All doubtful rated credits will be on nonaccrual.
The following tables present the recorded balance by risk category of the loans by class and year of origination as of the dates indicated:
December 31, 2025
Term Loans by Origination Year
($ in thousands)20252024202320222021PriorRevolving Loans Converted to Term LoansRevolving LoansTotal
C&I
Pass (1-6)$1,867,472 $793,869 $521,429 $298,735 $84,618 $96,374 $94,043 $1,153,331 $4,909,871 
Special Mention (7)17,000 22,548 26,475 3,835 4,871 2,113 22,071 48,303 147,216 
Classified (8-9)47,637 26,370 4,861 10,964 54 845 24,043 36,659 151,433 
Total C&I$1,932,109 $842,787 $552,765 $313,534 $89,543 $99,332 $140,157 $1,238,293 $5,208,520 
CRE-investor owned
Pass (1-6)$857,292 $405,208 $380,247 $377,479 $287,917 $376,426 $55,616 $45,784 $2,785,969 
Special Mention (7)40,134 53,306 1,934 — 9,029 4,571 1,891 — 110,865 
Classified (8-9)17,570 — — 6,965 26,697 20,469 — — 71,701 
Total CRE-investor owned$914,996 $458,514 $382,181 $384,444 $323,643 $401,466 $57,507 $45,784 $2,968,535 
CRE-owner occupied
Pass (1-6)$471,422 $304,147 $296,817 $371,117 $364,894 $445,806 $3,391 $38,545 $2,296,139 
Special Mention (7)7,814 5,801 14,730 12,440 4,432 15,019 — — 60,236 
Classified (8-9)18,006 5,562 11,444 15,503 13,671 22,281 — — 86,467 
Total CRE-owner occupied$497,242 $315,510 $322,991 $399,060 $382,997 $483,106 $3,391 $38,545 $2,442,842 
Construction real estate
Pass (1-6)$372,006 $223,449 $37,889 $9,492 $3,398 $1,316 $24,961 $3,148 $675,659 
Special Mention (7)2,000 — 23 41 — — 8,698 — 10,762 
Classified (8-9)— — 483 676 — 4 — — 1,163 
Total Construction real estate$374,006 $223,449 $38,395 $10,209 $3,398 $1,320 $33,659 $3,148 $687,584 
Residential real estate
Pass (1-6)$61,245 $24,136 $27,378 $28,920 $33,857 $76,749 $7,342 $82,753 $342,380 
Special Mention (7)3,157 1,219 23 296 84 793 — 976 6,548 
Classified (8-9)1,831 — 2,733 — 6,466 7,055 — 80 18,165 
Total residential real estate$66,233 $25,355 $30,134 $29,216 $40,407 $84,597 $7,342 $83,809 $367,093 
Consumer
Pass (1-6)$1,466 $798 $790 $199 $26,824 $17,513 $— $8,511 $56,101 
Special Mention (7)— — — — — — — — — 
Classified (8-9)— — 2 — — 10 — — 12 
Total Consumer$1,466 $798 $792 $199 $26,824 $17,523 $— $8,511 $56,113 
Total loans classified by risk category$3,786,052 $1,866,413 $1,327,258 $1,136,662 $866,812 $1,087,344 $242,056 $1,418,090 $11,730,687 
Total loans classified by performing status69,651 
Total loans$11,800,338 
December 31, 2024
Term Loans by Origination Year
($ in thousands)20242023202220212020PriorRevolving Loans Converted to Term LoansRevolving LoansTotal
C&I
Pass (1-6)$1,477,552 $958,327 $607,626 $172,201 $117,845 $69,236 $87,059 $942,991 $4,432,837 
Special Mention (7)32,479 40,804 4,982 2,373 796 64 14,783 55,100 151,381 
Classified (8-9)29,999 868 9,271 — 142 809 9,681 20,791 71,561 
Total C&I$1,540,030 $999,999 $621,879 $174,574 $118,783 $70,109 $111,523 $1,018,882 $4,655,779 
CRE-investor owned
Pass (1-6)$587,403 $402,899 $479,131 $374,155 $266,044 $281,232 $4,566 $48,808 $2,444,238 
Special Mention (7)12,195 4,901 — 43,506 2,389 9,623 31,321 1,999 105,934 
Classified (8-9)256 — 821 20,274 13,564 4,702 — — 39,617 
Total CRE-investor owned$599,854 $407,800 $479,952 $437,935 $281,997 $295,557 $35,887 $50,807 $2,589,789 
CRE-owner occupied
Pass (1-6)$420,774 $329,001 $437,731 $408,210 $246,024 $352,095 $890 $29,239 $2,223,964 
Special Mention (7)6,914 10,764 5,323 12,324 8,426 18,389 — — 62,140 
Classified (8-9)13,794 3,727 4,063 6,452 3,765 22,319 — 250 54,370 
Total CRE-owner occupied$441,482 $343,492 $447,117 $426,986 $258,215 $392,803 $890 $29,489 $2,340,474 
Construction real estate
Pass (1-6)$404,286 $211,573 $198,278 $38,131 $6,110 $3,823 $9,513 $5,338 $877,052 
Special Mention (7)11,250 33 49 294 — 223 — — 11,849 
Classified (8-9)— — 1,573 — — 585 — — 2,158 
Total Construction real estate$415,536 $211,606 $199,900 $38,425 $6,110 $4,631 $9,513 $5,338 $891,059 
Residential real estate
Pass (1-6)$46,454 $37,371 $35,082 $27,784 $22,350 $78,113 $5,880 $79,284 $332,318 
Special Mention (7)1,539 26 239 — — 1,435 — 887 4,126 
Classified (8-9)— 2,979 107 11,976 5,538 1,572 — — 22,172 
Total residential real estate$47,993 $40,376 $35,428 $39,760 $27,888 $81,120 $5,880 $80,171 $358,616 
Consumer
Pass (1-6)$31,286 $6,058 $50,351 $55,844 $49,519 $31,061 $44 $40,578 $264,741 
Special Mention (7)— 2,326 — — — 1,780 — 7,660 11,766 
Classified (8-9)— — — — — 5 — — 5 
Total Consumer$31,286 $8,384 $50,351 $55,844 $49,519 $32,846 $44 $48,238 $276,512 
Total loans classified by risk category$3,076,181 $2,011,657 $1,834,627 $1,173,524 $742,512 $877,066 $163,737 $1,232,925 $11,112,229 
Total loans classified by performing status108,126 
Total loans$11,220,355 

In the tables above, loan originations in 2025 and 2024 with a classification of “special mention” or “classified” primarily represent renewals or modifications initially underwritten and originated in prior years.
The following tables summarize the risk category of the loans by loan type as of the dates indicated:

December 31, 2025
($ in thousands)Pass (1-6)Special Mention (7)Classified (8-9)Total
C&I$4,909,871 $147,216 $151,433 $5,208,520 
Real estate:
Commercial - investor owned2,785,969 110,865 71,701 2,968,535 
Commercial - owner occupied2,296,139 60,236 86,467 2,442,842 
Construction and land development675,659 10,762 1,163 687,584 
Residential342,380 6,548 18,165 367,093 
Consumer56,101 — 12 56,113 
Total loans classified by risk category$11,066,119 $335,627 $328,941 $11,730,687 
Total loans classified by performing status69,651 
$11,800,338 

December 31, 2024
($ in thousands)Pass (1-6)Special Mention (7)Classified (8-9)Total
C&I$4,432,837 $151,381 $71,561 $4,655,779 
Real estate:
Commercial - investor owned2,444,238 105,934 39,617 2,589,789 
Commercial - owner occupied2,223,964 62,140 54,370 2,340,474 
Construction and land development877,052 11,849 2,158 891,059 
Residential332,318 4,126 22,172 358,616 
Consumer264,741 11,766 5 276,512 
Total loans classified by risk category$10,575,150 $347,196 $189,883 $11,112,229 
Total loans classified by performing status108,126 
$11,220,355 

In the risk category tables above, guaranteed loan balances are included with a classification of “pass” due to the nature of these loans.

For certain loans, the Company evaluates credit quality based on the aging status.

The following tables present the recorded balance of loans based on payment activity as of the dates indicated:
December 31, 2025
($ in thousands)PerformingNonperformingTotal
C&I$22,778 $318 $23,096 
Real estate:
Commercial - investor owned16,323 — 16,323 
Commercial - owner occupied26,121 — 26,121 
Residential589 — 589 
Consumer3,513 9 3,522 
Total$69,324 $327 $69,651 
December 31, 2024
($ in thousands)PerformingNonperformingTotal
C&I$60,899 $11 $60,910 
Real estate:
Commercial - investor owned17,175 — 17,175 
Commercial - owner occupied27,349 — 27,349 
Residential647 — 647 
Consumer2,036 9 2,045 
Total$108,106 $20 $108,126