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Loans Receivable (Tables)

3 Months Ended

Mar. 31, 2025

Receivables [Abstract]

Schedule of Loans Receivable, Amortized Cost by Portfolio Segment

The amortized cost of loans receivable, net of ACL on loans, consisted of the following portfolio segments and classes at the dates indicated:

			March 31, 2025						December 31, 2024
			(Dollars in thousands)
Commercial business:
Commercial and industrial			$	850,764					$	842,672
Owner-occupied CRE			985,272						1,003,243
Non-owner occupied CRE			1,915,788						1,909,107
Total commercial business			3,751,824						3,755,022
Residential real estate			393,301						402,954
Real estate construction and land development:
Residential			76,108						83,890
Commercial and multifamily			377,100						395,553
Total real estate construction and land development			453,208						479,443
Consumer			166,515						164,704
Loans receivable			4,764,848						4,802,123
ACL on loans			(52,160)						(52,468)
Loans receivable, net			$	4,712,688					$	4,749,655
Balances included in the amortized cost of loans receivable:
Unamortized net discount on acquired loans			$	(942)					$	(1,095)
Unamortized net deferred fee			$	(10,182)					$	(10,110)

Schedule of Loans Receivable, Amortized Cost, by Risk Grade, Origination Year and Gross Charge-Offs

The following tables present the amortized cost of loans receivable by risk grade and origination year at the dates indicated:

			March 31, 2025
			Term Loans Amortized Cost Basis by Origination Year																																				Revolving Loans						Revolving Loans Converted(1)						Loans Receivable
			2025						2024						2023						2022						2021						Prior
			(Dollars in thousands)
Commercial business:
Commercial and industrial
Pass			$	22,000					$	202,823					$	121,455					$	120,180					$	47,970					$	122,419					$	162,202					$	4,103					$	803,152
SM			—						186						4,376						6,224						328						4,378						9,590						4,660						29,742
SS			—						—						—						561						40						6,218						11,051						—						17,870
Total			22,000						203,009						125,831						126,965						48,338						133,015						182,843						8,763						850,764
Owner-occupied CRE
Pass			16,722						112,505						97,896						134,661						147,111						443,221						—						—						952,116
SM			—						—						2,716						1,211						2,358						12,694						—						—						18,979
SS			—						—						—						—						1,171						13,006						—						—						14,177
Total			16,722						112,505						100,612						135,872						150,640						468,921						—						—						985,272
Non-owner occupied CRE
Pass			33,895						171,603						173,262						350,994						237,739						889,127						—						—						1,856,620
SM			—						—						—						—						7,940						44,557						—						—						52,497
SS			—						—						—						581						—						6,090						—						—						6,671
Total			33,895						171,603						173,262						351,575						245,679						939,774						—						—						1,915,788
Total commercial business
Pass			72,617						486,931						392,613						605,835						432,820						1,454,767						162,202						4,103						3,611,888
SM			—						186						7,092						7,435						10,626						61,629						9,590						4,660						101,218
SS			—						—						—						1,142						1,211						25,314						11,051						—						38,718
Total			72,617						487,117						399,705						614,412						444,657						1,541,710						182,843						8,763						3,751,824
Residential real estate
Pass			—						28,977						51,193						133,808						130,561						47,000						—						—						391,539
SS			—						—						—						832						781						149						—						—						1,762
Total			—						28,977						51,193						134,640						131,342						47,149						—						—						393,301
Real estate construction and land development:
Residential
Pass			4,131						37,717						21,766						3,809						—						1,935						—						—						69,358
SS			—						—						1,000						—						5,750						—						—						—						6,750
Total			4,131						37,717						22,766						3,809						5,750						1,935						—						—						76,108
Commercial and multifamily
Pass			3,630						49,300						167,629						115,567						10,022						2,841						—						—						348,989
SM			—						—						—						893						—						11,593						—						—						12,486
SS			—						—						—						—						15,625						—						—						—						15,625
Total			3,630						49,300						167,629						116,460						25,647						14,434						—						—						377,100

			March 31, 2025
			Term Loans Amortized Cost Basis by Origination Year																																				Revolving Loans						Revolving Loans Converted(1)						Loans Receivable
			2025						2024						2023						2022						2021						Prior
			(Dollars in thousands)
Total real estate construction and land development
Pass			7,761						87,017						189,395						119,376						10,022						4,776						—						—						418,347
SM			—						—						—						893						—						11,593						—						—						12,486
SS			—						—						1,000						—						21,375						—						—						—						22,375
Total			7,761						87,017						190,395						120,269						31,397						16,369						—						—						453,208
Consumer
Pass			280						1,754						1,571						1,455						300						20,915						138,342						366						164,983
SS			—						—						383						25						—						880						226						18						1,532
Total			280						1,754						1,954						1,480						300						21,795						138,568						384						166,515
Loans receivable
Pass			80,658						604,679						634,772						860,474						573,703						1,527,458						300,544						4,469						4,586,757
SM			—						186						7,092						8,328						10,626						73,222						9,590						4,660						113,704
SS			—						—						1,383						1,999						23,367						26,343						11,277						18						64,387
Total			$	80,658					$	604,865					$	643,247					$	870,801					$	607,696					$	1,627,023					$	321,411					$	9,147					$	4,764,848

(1) Represents the loans receivable balance at March 31, 2025 which was converted from a revolving loan to a non-revolving amortizing loan during the three months ended March 31, 2025.

			December 31, 2024
			Term Loans Amortized Cost Basis by Origination Year																																				Revolving Loans						Revolving Loans Converted(1)						Loans Receivable
			2024						2023						2022						2021						2020						Prior
			(Dollars in thousands)
Commercial business:
Commercial and industrial
Pass			$	204,107					$	127,603					$	125,220					$	51,126					$	53,115					$	78,039					$	147,861					$	491					$	787,562
SM			161						4,482						6,495						502						1,117						4,490						13,555						2,352						33,154
SS			—						235						857						315						2,516						4,337						12,331						1,365						21,956
Total			204,268						132,320						132,572						51,943						56,748						86,866						173,747						4,208						842,672
Owner-occupied CRE
Pass			116,031						93,567						136,496						147,540						81,161						389,801						534						—						965,130
SM			—						2,719						1,215						4,121						871						15,298						—						—						24,224
SS			—						—						—						1,182						637						12,070						—						—						13,889
Total			116,031						96,286						137,711						152,843						82,669						417,169						534						—						1,003,243
Non-owner-occupied CRE
Pass			168,040						174,993						338,983						238,933						149,804						790,691						—						24						1,861,468
SM			—						—						—						7,988						—						32,925						—						—						40,913
SS			—						—						584						—						—						6,142						—						—						6,726
Total			168,040						174,993						339,567						246,921						149,804						829,758						—						24						1,909,107
Total commercial business
Pass			488,178						396,163						600,699						437,599						284,080						1,258,531						148,395						515						3,614,160
SM			161						7,201						7,710						12,611						1,988						52,713						13,555						2,352						98,291
SS			—						235						1,441						1,497						3,153						22,549						12,331						1,365						42,571
Total			488,339						403,599						609,850						451,707						289,221						1,333,793						174,281						4,232						3,755,022
Residential real estate
Pass			32,857						52,317						135,115						132,150						21,909						26,838						—						—						401,186
SS			—						—						832						786						—						150						—						—						1,768
Total			32,857						52,317						135,947						132,936						21,909						26,988						—						—						402,954

			December 31, 2024
			Term Loans Amortized Cost Basis by Origination Year																																				Revolving Loans						Revolving Loans Converted(1)						Loans Receivable
			2024						2023						2022						2021						2020						Prior
			(Dollars in thousands)
Real estate construction and land development:
Residential
Pass			34,078						34,436						6,415						—						1,000						955						256						—						77,140
SS			—						1,000						—						5,750						—						—						—						—						6,750
Total			34,078						35,436						6,415						5,750						1,000						955						256						—						83,890
Commercial and multifamily
Pass			37,022						169,816						147,789						9,865						—						3,002						—						—						367,494
SM			—						—						893						—						5,655						5,886						—						—						12,434
SS			—						—						—						15,625						—						—						—						—						15,625
Total			37,022						169,816						148,682						25,490						5,655						8,888						—						—						395,553
Total real estate construction and land development
Pass			71,100						204,252						154,204						9,865						1,000						3,957						256						—						444,634
SM			—						—						893						—						5,655						5,886						—						—						12,434
SS			—						1,000						—						21,375						—						—						—						—						22,375
Total			71,100						205,252						155,097						31,240						6,655						9,843						256						—						479,443
Consumer
Pass			1,882						1,513						1,477						339						3,196						20,518						133,355						820						163,100
SS			—						—						25						—						115						609						60						795						1,604
Total			1,882						1,513						1,502						339						3,311						21,127						133,415						1,615						164,704
Loans receivable
Pass			594,017						654,245						891,495						579,953						310,185						1,309,844						282,006						1,335						4,623,080
SM			161						7,201						8,603						12,611						7,643						58,599						13,555						2,352						110,725
SS			—						1,235						2,298						23,658						3,268						23,308						12,391						2,160						68,318
Total			$	594,178					$	662,681					$	902,396					$	616,222					$	321,096					$	1,391,751					$	307,952					$	5,847					$	4,802,123

(1) Represents the loans receivable balance at December 31, 2024 which was converted from a revolving loan to non-revolving amortizing loan during the year ended December 31, 2024.

The following tables present gross charge-offs by loan class and origination year, for the periods indicated:

			Three Months Ended March 31, 2025
			Current Period Gross Charge-offs by Origination Year																																				Revolving Loans												Total Gross Charge-Offs
			2025						2024						2023						2022						2021						Prior
			(Dollars in thousands)
Commercial business			$	—					$	—					$	222					$	—					$	—					$	—					$	—											$	222
Consumer			—						—						10						2						—						44						98												154
Total			$	—					$	—					$	232					$	2					$	—					$	44					$	98											$	376

			Three Months Ended March 31, 2024
			Current Period Gross Charge-offs by Origination Year																																				Revolving Loans												Total Gross Charge-Offs
			2024						2023						2022						2021						2020						Prior
			(Dollars in thousands)
Commercial business			$	—					$	—					$	—					$	—					$	—					$	77					$	—											$	77
Consumer			—						1						—						—						—						42						80												123
Total			$	—					$	1					$	—					$	—					$	—					$	119					$	80											$	200

Schedule of Loans Receivable, Nonaccrual

The following tables present the amortized cost of nonaccrual loans at the dates indicated:

			March 31, 2025
			Nonaccrual without ACL						Nonaccrual with ACL						Total Nonaccrual
			(Dollars in thousands)
Commercial business:
Commercial and industrial			$	1,328					$	—					$	1,328
Owner-occupied CRE			2,127						—						2,127
Total commercial business			3,455						—						3,455
Residential real estate			832						—						832
Consumer			151						—						151
Total			$	4,438					$	—					$	4,438

			December 31, 2024
			Nonaccrual without ACL						Nonaccrual with ACL						Total Nonaccrual
			(Dollars in thousands)
Commercial business:
Commercial and industrial			$	1,002					$	667					$	1,669
Owner-occupied CRE			2,250						—						2,250
Total commercial business			3,252						667						3,919
Consumer			160						—						160
Total			$	3,412					$	667					$	4,079

The following tables present the reversal of interest income on loans due to the write-off of accrued interest receivable upon the initial classification of loans as nonaccrual loans and the interest income recognized due to payment in full or sale of previously classified nonaccrual loans during the periods indicated:

			Three Months Ended March 31,
			2025												2024
			Interest Income Reversed						Interest Income Recognized						Interest Income Reversed						Interest Income Recognized
			(Dollars in thousands)
Commercial business:
Commercial and industrial			$	—					$	13					$	(13)					$	3
Residential real estate			(28)						—						—						—
Total			$	(28)					$	13					$	(13)					$	3

Schedule of Loans Receivable, Past Due

The following tables present the amortized cost of past due loans at the dates indicated:

			March 31, 2025
			30-89 Days						90 Days or Greater						Total Past  Due						Current						Loans Receivable
			(Dollars in thousands)
Commercial business:
Commercial and industrial			$	8,339					$	986					$	9,325					$	841,439					$	850,764
Owner-occupied CRE			—						—						—						985,272						985,272

			March 31, 2025
			30-89 Days						90 Days or Greater						Total Past  Due						Current						Loans Receivable
			(Dollars in thousands)
Non-owner occupied CRE			2,257						—						2,257						1,913,531						1,915,788
Total commercial business			10,596						986						11,582						3,740,242						3,751,824
Residential real estate			1,215						832						2,047						391,254						393,301
Real estate construction and land development:
Residential			6,750						—						6,750						69,358						76,108
Commercial and multifamily			5,746						—						5,746						371,354						377,100
Total real estate construction and land development			12,496						—						12,496						440,712						453,208
Consumer			458						—						458						166,057						166,515
Total			$	24,765					$	1,818					$	26,583					$	4,738,265					$	4,764,848

			December 31, 2024
			30-89 Days						90 Days or Greater						Total Past  Due						Current						Loans Receivable
			(Dollars in thousands)
Commercial business:
Commercial and industrial			$	659					$	2,471					$	3,130					$	839,542					$	842,672
Owner-occupied CRE			1,426						—						1,426						1,001,817						1,003,243
Non-owner occupied CRE			—						—						—						1,909,107						1,909,107
Total commercial business			2,085						2,471						4,556						3,750,466						3,755,022
Residential real estate			832						—						832						402,122						402,954
Real estate construction and land development:
Residential			—						—						—						83,890						83,890
Commercial and multifamily			—						—						—						395,553						395,553
Total real estate construction and land development			—						—						—						479,443						479,443
Consumer			339						160						499						164,205						164,704
Total			$	3,256					$	2,631					$	5,887					$	4,796,236					$	4,802,123

Schedule of Collateral Dependent Loans

The following tables present the type of collateral securing loans individually evaluated for credit losses and for which the repayment was expected to be provided substantially through the operation or sale of the collateral at the dates indicated, with balances representing the amortized cost of the loan classified by the primary collateral category of each loan if multiple collateral sources secure the loan:

			March 31, 2025
			CRE						Farmland						Residential Real Estate												Total
			(Dollars in thousands)
Commercial business:
Commercial and industrial			$	—					$	373					$	613											$	986
Owner-occupied CRE			2,127						—						—												2,127
Total commercial business			2,127						373						613												3,113
Residential real estate			—						—						832												832
Consumer			—						—						151												151
Total			$	2,127					$	373					$	1,596											$	4,096

			December 31, 2024
			CRE						Farmland						Residential Real Estate												Total
			(Dollars in thousands)
Commercial business:
Commercial and industrial			$	—					$	389					$	613											$	1,002
Owner-occupied CRE			2,250						—						—												2,250
Total commercial business			2,250						389						613												3,252
Consumer			—						—						160												160
Total			$	2,250					$	389					$	773											$	3,412

Schedule of Loan Modifications

The following tables present the amortized cost of loans that were experiencing both financial difficulty and modified during the periods indicated:

									Three Months Ended March 31, 2025
									Term Extension																														Total Modified Loans						% of Modified Loans to Loans Receivable
									(Dollars in thousands)
Commercial business:
Commercial and industrial									$	13,532																													$	13,532					1.59		%
Owner-occupied CRE									224																														224						0.02
Non-owner occupied CRE									692																														692						0.04
Total commercial business									14,448																														14,448						0.39
Real estate construction and land development:
Commercial and multifamily									893																														893						0.24
Total real estate construction and land development									893																														893						0.20
Consumer									7																														7						—
Total									$	15,348																													$	15,348					0.32		%

									Three Months Ended March 31, 2024
									Term Extension																														Total Modified Loans						% of Modified Loans to Loans Receivable
									(Dollars in thousands)
Commercial business:
Commercial and industrial									$	11,501																													$	11,501					1.51		%
Non-owner occupied CRE									2,686																														2,686						0.16
Total commercial business									14,187																														14,187						0.42
Real estate construction and land development:
Commercial and multifamily									4,148																														4,148						1.11
Total real estate construction and land development									4,148																														4,148						0.91
Consumer									20																														20						0.01
Total									$	18,355																													$	18,355					0.41		%

The following tables present the financial effects of the loan modifications presented in the preceding tables during the periods indicated:

												Three Months Ended  March 31, 2025
															Weighted Average Years of Term Extensions
Commercial business:
Commercial and industrial															0.73
Owner-occupied CRE															0.42
Non-owner occupied CRE															0.42
Total commercial business															0.71
Commercial and multifamily															1.58
Consumer															2.92
Total															0.76

												Three Months Ended  March 31, 2024
															Weighted Average Years of Term Extensions
Commercial business:
Commercial and industrial															0.29
Non-owner occupied CRE															0.50
Total commercial business															0.33
Commercial and multifamily															0.25
Consumer															1.20
Total															0.32

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- Definition

Amortized Cost of Collateral Dependent Loans By Class

+ References

No definition available.

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- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 29
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481962/310-10-50-29

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-5

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X

- Definition

Tabular disclosure of aging analysis for financing receivable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481962/310-10-50-7A

Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481962/310-10-50-7

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479319/326-20-50-14

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
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