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Parent Company Only Condensed Financial Statements | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract] |
Parent Company Only Condensed Financial Statements | Note 22—Parent Company Only Condensed Financial Statements The following represents the condensed financial statements of Byline Bancorp, Inc., the Parent Company: Statements of Financial Condition Parent Company Only
|  | As of December 31, |
|  | 2024 |  |  | 2023 |
ASSETS |  |  |  |  |  |
Cash |  | $ | 37,156 |  |  | $ | 39,461 |
Investment in banking subsidiary |  |  | 1,191,298 |  |  |  | 1,112,514 |
Other assets |  |  | 20,882 |  |  |  | 13,893 |
Total assets |  | $ | 1,249,336 |  |  | $ | 1,165,868 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |
Line of credit |  | $ | — |  |  | $ | 11,250 |
Term loan |  |  | 11,667 |  |  |  | 18,333 |
Subordinated notes, net |  |  | 74,040 |  |  |  | 73,866 |
Junior subordinated debentures issued to capital trusts, net |  |  | 70,890 |  |  |  | 70,452 |
Accrued expenses and other liabilities |  |  | 1,242 |  |  |  | 1,816 |
Stockholders' equity |  |  | 1,091,497 |  |  |  | 990,151 |
Total liabilities and stockholders' equity |  | $ | 1,249,336 |  |  | $ | 1,165,868 |
Note 22—Parent Company Only Condensed Financial Statements (continued) Statements of Operations Parent Company Only
|  | Years ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
INCOME |  |  |  |  |  |  |  |  |
Dividends from subsidiary |  | $ | 46,000 |  |  | $ | 35,000 |  |  | $ | 24,000 |
Other interest and dividend income |  |  | 914 |  |  |  | (247 | ) |  |  | (139 | )
Other noninterest income |  |  | — |  |  |  | 12 |  |  |  | 5 |
Total income |  |  | 46,914 |  |  |  | 34,765 |  |  |  | 23,866 |
EXPENSES |  |  |  |  |  |  |  |  |
Interest expense |  |  | 13,070 |  |  |  | 11,495 |  |  |  | 7,149 |
Other noninterest expense |  |  | 2,647 |  |  |  | 3,978 |  |  |  | 3,045 |
Total expenses |  |  | 15,717 |  |  |  | 15,473 |  |  |  | 10,194 |
Income before provision for income taxes and equity in undistributed income of subsidiary |  |  | 31,197 |  |  |  | 19,292 |  |  |  | 13,672 |
Benefit for income taxes |  |  | (5,098 | ) |  |  | (4,107 | ) |  |  | (2,633 | )
Income before equity in undistributed income of subsidiary |  |  | 36,295 |  |  |  | 23,399 |  |  |  | 16,305 |
Equity in undistributed income of subsidiary |  |  | 84,464 |  |  |  | 84,479 |  |  |  | 71,649 |
Net income |  | $ | 120,759 |  |  | $ | 107,878 |  |  | $ | 87,954 |
Statements of Cash Flows Parent Company Only
|  | Years ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
CASH FLOWS FROM OPERATING ACTIVITIES |  |  |  |  |  |  |  |  |
Net income |  | $ | 120,759 |  |  | $ | 107,878 |  |  | $ | 87,954 |
Adjustments to reconcile net income to net cash from operating activities: |  |  |  |  |  |  |  |  |
Equity in undistributed income of subsidiary |  |  | (84,464 | ) |  |  | (84,479 | ) |  |  | (71,649 | )
Share-based compensation expense |  |  | 7,889 |  |  |  | 6,715 |  |  |  | 5,334 |
Amortization of subordinated debt issuance cost |  |  | 174 |  |  |  | 175 |  |  |  | 174 |
Accretion of junior subordinated debentures discount |  |  | 438 |  |  |  | 453 |  |  |  | 432 |
Changes in other assets and other liabilities |  |  | (17,857 | ) |  |  | 7,498 |  |  |  | (14,531 | )
Net cash provided by operating activities |  |  | 26,939 |  |  |  | 38,240 |  |  |  | 7,714 |
CASH FLOWS FROM INVESTING ACTIVITIES |  |  |  |  |  |  |  |  |
Purchases of securities available-for-sale |  |  | — |  |  |  | (9,941 | ) |  |  | (250 | )
Net cash paid in acquisition of business |  |  | — |  |  |  | (30,902 | ) |  |  | — |
Net cash used in investing activities |  |  | — |  |  |  | (40,843 | ) |  |  | (250 | )
CASH FLOWS FROM FINANCING ACTIVITIES |  |  |  |  |  |  |  |  |
Proceeds from revolving line of credit |  |  | — |  |  |  | 15,000 |  |  |  | — |
Repayments of revolving line of credit |  |  | (11,250 | ) |  |  | (3,750 | ) |  |  | — |
Proceeds from term loan |  |  | — |  |  |  | 20,000 |  |  |  | — |
Repayments of term loan |  |  | (6,666 | ) |  |  | (1,667 | ) |  |  | — |
Dividends paid on preferred stock |  |  | — |  |  |  | — |  |  |  | (196 | )
Dividends paid on common stock |  |  | (15,847 | ) |  |  | (14,585 | ) |  |  | (13,401 | )
Proceeds from issuance of common stock, net |  |  | 4,519 |  |  |  | 1,791 |  |  |  | 1,506 |
Repurchase of preferred stock |  |  | — |  |  |  | — |  |  |  | (10,438 | )
Repurchase of common stock |  |  | — |  |  |  | — |  |  |  | (17,274 | )
Net cash provided by (used in) financing activities |  |  | (29,244 | ) |  |  | 16,789 |  |  |  | (39,803 | )
NET CHANGE IN CASH AND CASH EQUIVALENTS |  |  | (2,305 | ) |  |  | 14,186 |  |  |  | (32,339 | )
CASH AND CASH EQUIVALENTS, beginning of period |  |  | 39,461 |  |  |  | 25,275 |  |  |  | 57,614 |
CASH AND CASH EQUIVALENTS, end of period |  | $ | 37,156 |  |  | $ | 39,461 |  |  | $ | 25,275 |

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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 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 2: 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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