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Loans (Tables)

12 Months Ended

Dec. 31, 2022

Receivables [Abstract]

Schedule of Loans Held for Investment

Loans held-for-investment consist of the following as of December 31,:

			2022						2021
Commercial			$	3,025,074					$	2,414,787
Commercial real estate			1,753,360						1,176,973
Residential real estate			1,106,793						437,116
Consumer			43,706						17,766
Total loans			5,928,933						4,046,642
Deferred costs, fees, premiums, and discounts, net			(17,101)						(9,519)
Allowance for loan losses			(65,917)						(47,547)
Total loans, net			$	5,845,915					$	3,989,576

Schedule of Allowance for Loan Losses by Portfolio Type

The following table presents the activity in the allowance for loan losses by portfolio type for the years ended December 31,:

			Commercial						Commercial Real Estate						Residential Real Estate						Consumer						Total
2022
Allowance for loan losses:
Balance, beginning of period			$	33,277					$	12,899					$	1,136					$	235					$	47,547
Provision for loan losses			9,655						6,082						2,114						199						18,050
Loans charged off			(2,321)						—						(122)						(144)						(2,587)
Recoveries			2,236						388						221						62						2,907
Balance, end of period			$	42,847					$	19,369					$	3,349					$	352					$	65,917
2021
Allowance for loan losses:
Balance, beginning of period			$	32,009					$	13,863					$	1,606					$	288					$	47,766
Provision (benefit) for loan losses			4,017						(617)						(452)						52						3,000
Loans charged off			(4,296)						(375)						(42)						(148)						(4,861)
Recoveries			1,547						28						24						43						1,642
Balance, end of period			$	33,277					$	12,899					$	1,136					$	235					$	47,547
2020
Allowance for loan losses:
Balance, beginning of period			$	17,509					$	9,645					$	1,056					$	336					$	28,546
Provision for loan losses			17,979						4,527						474						120						23,100
Loans charged off			(4,064)						(581)						(39)						(216)						(4,900)
Recoveries			585						272						115						48						1,020
Balance, end of period			$	32,009					$	13,863					$	1,606					$	288					$	47,766

The following table presents the balance in the allowance for loan losses and the recorded investment by portfolio type based on impairment method for the years ended December 31,:

			Commercial						Commercial Real Estate						Residential Real Estate						Consumer						Total
2022
Loans:
Individually evaluated for impairment			$	14,537					$	10,443					$	15,739					$	91					$	40,810
Collectively evaluated for impairment			3,010,537						1,742,917						1,091,054						43,615						5,888,123
Total loans			$	3,025,074					$	1,753,360					$	1,106,793					$	43,706					$	5,928,933
Allowance for loan losses:
Individually evaluated for impairment			$	1,101					$	189					$	34					$	88					$	1,412
Collectively evaluated for impairment			41,746						19,180						3,315						264						64,505
Total allowance for loan losses			$	42,847					$	19,369					$	3,349					$	352					$	65,917
2021
Loans:
Individually evaluated for impairment			$	17,460					$	4,781					$	11,479					$	2					$	33,722
Collectively evaluated for impairment			2,397,327						1,172,192						425,637						17,764						4,012,920
Total loans			$	2,414,787					$	1,176,973					$	437,116					$	17,766					$	4,046,642
Allowance for loan losses:
Individually evaluated for impairment			$	2,517					$	12					$	39					$	—					$	2,568
Collectively evaluated for impairment			30,760						12,887						1,097						235						44,979
Total allowance for loan losses			$	33,277					$	12,899					$	1,136					$	235					$	47,547

Schedule of Impaired Financing Receivables

The following table presents information related to impaired loans by class of loans as of December 31,:

			Unpaid Principal Balance						Recorded Investment						Allowance for Loan Losses Allocated						Average Recorded Investment
2022
With no related allowance recorded:
Commercial			$	8,401					$	8,207					$	—					$	5,951
Commercial real estate			9,909						9,647						—						4,674
Residential real estate			14,572						14,903						—						9,135
Consumer			—						—						—						—
Total loans with no related allowance recorded			32,882						32,757						—						19,760
With an allowance recorded:
Commercial			6,456						6,330						1,101						4,580
Commercial real estate			796						796						189						265
Residential real estate			1,210						836						34						279
Consumer			93						91						88						29
Total loans with an allowance recorded			8,555						8,053						1,412						5,153
Total impaired loans			$	41,437					$	40,810					$	1,412					$	24,913
2021
With no related allowance recorded:
Commercial			$	14,619					$	13,982					$	—					$	10,637
Commercial real estate			4,795						4,706						—						3,943
Residential real estate			10,754						10,808						—						7,223
Consumer			3						2						—						3
Total loans with no related allowance recorded			30,171						29,498						—						21,806
With an allowance recorded:
Commercial			3,666						3,478						2,517						2,375
Commercial real estate			124						75						12						57
Residential real estate			665						671						39						462
Total loans with an allowance recorded			4,455						4,224						2,568						2,894
Total impaired loans			$	34,626					$	33,722					$	2,568					$	24,700

Schedule of Credit Risk Profile Based on Bank’s Rating Categories

The following table presents the credit risk profile of our loan portfolio based on our rating categories as of December 31,:

			Non-Classified						Classified						Total
2022
Commercial			$	2,969,786					$	55,288					$	3,025,074
Commercial real estate			1,715,415						37,945						1,753,360
Residential real estate			1,096,108						10,685						1,106,793
Consumer			43,592						114						43,706
Total loans			$	5,824,901					$	104,032					$	5,928,933
2021
Commercial			$	2,384,275					$	30,512					$	2,414,787
Commercial real estate			1,146,673						30,300						1,176,973
Residential real estate			431,033						6,083						437,116
Consumer			17,762						4						17,766
Total loans			$	3,979,743					$	66,899					$	4,046,642

Schedule of Aging of Loan Portfolio

The following table presents our loan portfolio aging analysis as of December 31,:

			Loans Not Past Due						Loans 30-59 Days Past Due						Loans 60-89 Days Past Due						Loans Greater than 90 Days Past Due, Still Accruing						Nonaccrual						Total
2022
Commercial			$	3,011,872					$	2,422					$	815					$	—					$	9,965					$	3,025,074
Commercial real estate			1,738,024						6,954						99						—						8,283						1,753,360
Residential real estate			1,077,316						17,237						1,514						98						10,628						1,106,793
Consumer			43,551						60						2						—						93						43,706
Total loans			$	5,870,763					$	26,673					$	2,430					$	98					$	28,969					$	5,928,933
2021
Commercial			$	2,392,205					$	5,467					$	623					$	—					$	16,492					$	2,414,787
Commercial real estate			1,160,244						10,887						—						1,061						4,781						1,176,973
Residential real estate			424,860						5,794						410						—						6,052						437,116
Consumer			17,719						45						—						—						2						17,766
Total loans			$	3,995,028					$	22,193					$	1,033					$	1,061					$	27,327					$	4,046,642

Schedule of Troubled Debt Restructuring

The following table presents loans by class modified as TDRs that occurred during the years ended December 31,:

			Number of Loans						Pre-Modification Outstanding Recorded Investment						Post-Modification Outstanding Recorded Investment
2022
Commercial			1						$	248					$	248
Residential real estate			1						126						126
Consumer			1						72						72
Total			3						$	446					$	446
2021
Commercial			7						$	6,969					$	6,969
Commercial real estate			1						2,295						2,295
Residential real estate			4						1,386						1,386
Total			12						$	10,650					$	10,650

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