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Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit)
The following table presents the components of income tax expense (benefit) for the years ended December 31:
Year ended December 31,
($ in thousands)202520242023
Current:
Federal$63,474 $41,477 $40,471 
State and local13,283 8,022 9,616 
Total current76,757 49,499 50,087 
Deferred:
Federal4,981 (2,535)283 
State and local605 (986)2,097 
Total deferred5,586 (3,521)2,380 
Total income tax expense$82,343 $45,978 $52,467 
Schedule of Income Tax Rate Reconciliation
The following table presents a reconciliation by rate and amount of expected income tax expense computed by applying the statutory federal income tax rate to income before income taxes reflected in the Consolidated Statements of Income to the effective income tax expense:
Year ended December 31,
AmountRateAmountAmount
($ in thousands)202520242023
Income tax expense at federal statutory rate$59,581 21.0 %$48,561 $51,770 
Increase (decrease) in income tax resulting from:
State and local income taxes, net (1)
11,326 4.0 %7,334 9,445 
Federal tax credits:
New Markets Tax Credits(3,958)(1.4)%— — 
Low-income housing tax credits (“LIHTC”)(1,764)(0.6)%285 (56)
Other federal tax credits(1,611)(0.6)%(5,619)(4,364)
Total federal tax credits(7,333)(2.6)%(5,334)(4,420)
ITC recapture24,148 8.5 %— — 
Nontaxable or nondeductible items:
Tax-exempt interest income, net(7,137)(2.5)%(5,124)(4,942)
Bank-owned life insurance(1,558)(0.6)%(892)(888)
Non-deductible expenses3,152 1.1 %1,524 2,059 
Excess tax benefits(623)(0.2)%28 (251)
Total nontaxable or nondeductible items(6,166)(2.2)%(4,464)(4,022)
Other, net787 0.3 %(119)(306)
       Total income tax expense$82,343 29.0 %$45,978 $52,467 
(1) State taxes in California made up the majority (greater than 50 percent) of the tax effect in this category.
Schedule of Deferred Tax Assets and Deferred Tax Liabilities The following table presents the tax effect of temporary differences that gave rise to significant portions of the deferred tax assets and deferred tax liabilities for the periods indicated:
Year ended December 31,
($ in thousands)20252024
Deferred tax assets:
Allowance for loan losses$34,325 $34,212 
Loans held-for-sale2,633 3,304 
OREO— 39 
Deferred compensation6,413 5,209 
Accrued compensation6,897 6,265 
Unrealized losses on securities, net18,437 38,734 
Net operating losses and tax credits5,042 5,299 
Lease liability accrual6,812 6,485 
Other investments11,216 5,587 
Research and experimental expenses— 1,473 
Fixed assets— 2,802 
Deferred expenses2,610 3,021 
Other deferred tax assets4,165 3,248 
Total deferred tax assets98,550 115,678 
Deferred tax liabilities:
Acquired loans1,490 1,922 
Intangible assets8,880 8,756 
Right of use asset6,032 5,644 
Anticipated insurance proceeds8,060 — 
Other investments10,901 10,233 
Other deferred tax liabilities1,049 951 
Total deferred tax liabilities36,412 27,506 
Net deferred tax asset before valuation allowance62,138 88,172 
Less: valuation allowance2,812 2,812 
Net deferred tax asset$59,326 $85,360 
Schedule of Unrecognized Tax Benefits
The following table summarizes the activity in the gross liability for unrecognized tax benefits for the periods presented:
($ in thousands)202520242023
Balance at beginning of year$5,016 $3,077 $2,724 
Additions based on tax positions related to the current year1,347 1,212 727 
Additions for tax positions of prior years— 1,128 24 
Settlements or lapse of statute of limitations(338)(401)(398)
Balance at end of year$6,025 $5,016 $3,077 
Schedule of Cash Flow, Supplemental Disclosures
The following table presents the components of income taxes paid disaggregated by jurisdiction for the year ended December 31:
($ in thousands)2025
Federal$71,051 
State and local:
California6,932 
All other state and local4,888 
Total state and local11,820 
Total income taxes paid$82,871