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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 94,331 $ 419,967
Interest-bearing deposits at other financial institutions 325,122 491,249
Total cash and cash equivalents 419,453 911,216
Available for sale securities, at fair value 2,198,459 1,673,016
Loans held for investment 7,300,591 7,439,854
Less: allowance for credit losses on loans (83,629) (81,058)
Loans, net 7,216,962 7,358,796
Accrued interest receivable 35,869 37,884
Premises and equipment, net 106,118 111,856
Federal Reserve Bank and Federal Home Loan Bank stock 45,532 8,209
Bank-owned life insurance 109,477 107,498
Goodwill 497,318 497,318
Core deposit intangibles, net 71,018 92,546
Other assets 106,388 107,451
TOTAL ASSETS 10,806,594 10,905,790
Deposits:    
Noninterest-bearing 3,407,865 3,576,206
Interest-bearing    
Demand 2,114,997 1,845,749
Money market and savings 2,469,845 2,253,193
Certificates and other time 1,028,759 1,453,236
Total interest-bearing deposits 5,613,601 5,552,178
Total deposits 9,021,466 9,128,384
Accrued interest payable 5,508 17,052
Subordinated debt 40,226 70,105
Other liabilities 70,740 82,389
Total liabilities 9,137,940 9,297,930
COMMITMENTS AND CONTINGENCIES (See Note 13)
SHAREHOLDERS’ EQUITY:    
Preferred stock, $0.01 par value; 10,000,000 shares authorized; no shares issued or outstanding at both December 31, 2025 and 2024 0 0
Common stock, $0.01 par value; 140,000,000 shares authorized, 50,902,024 shares issued and outstanding at December 31, 2025 and 53,428,699 shares issued and outstanding at December 31, 2024 509 534
Capital surplus 1,174,894 1,240,050
Retained earnings 566,216 492,640
Accumulated other comprehensive loss (72,965) (125,364)
Total shareholders’ equity 1,668,654 1,607,860
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 10,806,594 $ 10,905,790