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Parent Company Only Condensed Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract] |
Schedule of Statements of 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 Tabular disclosure of condensed financial statements, including, but not limited to, the balance sheet, income statement, and statement of cash flows. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 04 -Paragraph a -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -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 + Details
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