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Cybersecurity Risk Management and Strategy Disclosure | 12 Months Ended
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Dec. 31, 2025
Cybersecurity Risk Management, Strategy, and Governance [Line Items] |
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block] | Risk Management and Strategy The Company believes that a strong cybersecurity program is vital to effective cybersecurity risk management. The Company recognizes the importance of developing, implementing, and maintaining robust cybersecurity measures to help safeguard sensitive information and its business operations, and to protect the confidentiality, integrity, and availability of its information systems and the nonpublic information transmitted, processed and stored on its systems or those of third-party service providers. We design our program based on the National Institute of Standards and Technology (“NIST”) Cybersecurity Framework. This does not imply that we meet any particular technical standards, specifications, or requirements, but that we use the NIST framework as a guide to help us identify, assess, and manage cybersecurity risks. Managing Material Risks & Integrated Overall Risk Management The Company has integrated cybersecurity risk management into its broader risk management framework in order to promote a culture that values protecting sensitive information. This integration is intended to promote the inclusion of cybersecurity considerations in decision-making processes throughout the Company. The Bank’s general risk management personnel, including the Chief Risk Officer (“CRO”), work closely with their information technology and security counterparts to evaluate and address cybersecurity threats in alignment with our business objectives and operational needs. The Company also maintains a system-wide information security program that applies to all employees. All employees are expected to assist in safeguarding the Company’s information systems and to assist in the detection and reporting of cybersecurity incidents. This Company-wide program is intended to identify and assess internal and external cyber and information security risks that may threaten the security or integrity of nonpublic information stored on the Company’s information systems or those of third-party providers from unauthorized access, use or other malicious acts. The Board of Directors is responsible for overseeing the Company’s cybersecurity program. The Board of Directors has established oversight mechanisms that are intended to promote effective governance in managing risks associated with cybersecurity threats because it recognizes the significance of these threats to the Company’s operational integrity and the information stored on the Company’s information systems or those of third-party service providers. See “—Governance—Board of Directors Oversight.” Engage Third-parties on Risk Management Recognizing the complexity and evolving nature of cybersecurity threats, the Company engages with a range of external experts from time to time, including cybersecurity assessors, risk management professionals, and other consultants, in evaluating and testing our risk management systems. We also engage third-party services on an ongoing basis to conduct independent audits of our information security and information technology risk management systems. These engagements enable us to leverage specialized knowledge and insights and assist the Company with its goal of maintaining cybersecurity strategies and processes that are consistent with industry best practices. Our collaboration with these third-parties includes table top exercises, penetration testing and other cyber-support services. Oversee Third-party Risk Because the Company is aware of the risks associated with third-party service providers, the Company has implemented policies and processes to oversee and assist with managing these risks. The Company’s Third-Party Risk Management Office (the “TPRM”) conducts security and risk assessments of all third-party providers before engagement and monitors these third-party providers on an ongoing basis to assess each provider’s compliance with the Company’s cybersecurity standards, which are intended to be commensurate with the level of risk and complexity of the relationship with, and the activities performed by, a given provider engaged by the Company. In addition, the TPRM conducts routine risk assessments of any third-party provider, including those that provide critical services to the Company or have access to customers’ protected data. This approach is designed to help identify and mitigate risks related to data breaches or other cybersecurity incidents originating from third-parties in order to better protect our customers’ personally identifiable information and the Company’s assets and data. Risks from Cybersecurity Threats We have not encountered cybersecurity threats or incidents that have materially and adversely affected, or are reasonably likely to materially and adversely affect, the Company’s business strategy, results of operations or financial condition. Notwithstanding the defensive approach we take to cybersecurity, we may not be successful in preventing or mitigating a cybersecurity incident that could have a material adverse effect on us. While the Company maintains cybersecurity insurance, the costs related to cybersecurity threats, incidents or disruptions may not be fully insured. For more information regarding the risks we face from cybersecurity threats, see Part I, Item 1A., “Risk Factors—Risks Related to the Company’s Operations—A failure in the Company’s operation and/or information systems or infrastructure, or those of third parties, including cyber-attacks, could impair the Company’s liquidity, disrupt its businesses, result in the unauthorized disclosure of confidential information, damage its reputation, and cause financial losses.”
Cybersecurity Risk Management Processes Integrated [Flag] | true
Cybersecurity Risk Management Processes Integrated [Text Block] | Managing Material Risks & Integrated Overall Risk Management The Company has integrated cybersecurity risk management into its broader risk management framework in order to promote a culture that values protecting sensitive information. This integration is intended to promote the inclusion of cybersecurity considerations in decision-making processes throughout the Company. The Bank’s general risk management personnel, including the Chief Risk Officer (“CRO”), work closely with their information technology and security counterparts to evaluate and address cybersecurity threats in alignment with our business objectives and operational needs. The Company also maintains a system-wide information security program that applies to all employees. All employees are expected to assist in safeguarding the Company’s information systems and to assist in the detection and reporting of cybersecurity incidents. This Company-wide program is intended to identify and assess internal and external cyber and information security risks that may threaten the security or integrity of nonpublic information stored on the Company’s information systems or those of third-party providers from unauthorized access, use or other malicious acts. The Board of Directors is responsible for overseeing the Company’s cybersecurity program. The Board of Directors has established oversight mechanisms that are intended to promote effective governance in managing risks associated with cybersecurity threats because it recognizes the significance of these threats to the Company’s operational integrity and the information stored on the Company’s information systems or those of third-party service providers. See “—Governance—Board of Directors Oversight.”
Cybersecurity Risk Management Third Party Engaged [Flag] | true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag] | true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag] | false
Cybersecurity Risk Board of Directors Oversight [Text Block] | Board of Directors Oversight Our information security program is designed to ensure adequate governance and oversight is in place while evolving to meet changes in applicable laws and regulations, and industry best practices. Cybersecurity is a significant risk to the enterprise and matters related to information security are regularly featured as part of management’s enterprise risk profile updates to the Risk Committee of the Board of Directors (the “Risk Committee”), which occur at least on a quarterly basis. The Chair of the Risk Committee reports to the Board of Directors on the committee’s proceedings and activities, including in connection with the committee’s deliberation on information security matters, on a regular basis. In addition to regular touchpoints on cyber matters at the Risk Committee, the Board of Directors receives briefings from the Bank’s Chief Information Security Officer (the “CISO”) semi-annually. The Board of Directors directly, and through its standing committees (particularly the Risk Committee and the Audit Committee of the Board of Directors) also engage in broader discussions regarding existing and emerging operational and technology risks with members of management across all lines of defense. To supplement the Board of Directors’ regular engagement regarding the Company’s information security program, the director education program includes cybersecurity-related training opportunities, which assists the directors in staying current on developments and maintaining appropriate knowledge regarding the evolving cybersecurity and threat landscape.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block] | Risk Committee
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block] | The CISO provides management, the Risk Committee and the Board of Directors with information regarding the Company’s cybersecurity program and potential cybersecurity threats or incidents. In addition, the CISO is empowered to escalate material cybersecurity threats or incidents and strategic risk management decisions to the Board of Directors so that they can provide appropriate oversight and guidance on these critical cybersecurity issues within the context of the Company’s overall strategic objectives and business operations. Management, including the Company’s Chief Information Officer (the “CIO”), the CRO, and the Incident Management Team (the “IMT”) are also required to report cybersecurity threats and incidents to the Risk Committee and/or the Board of Directors, as applicable.
Cybersecurity Risk Role of Management [Text Block] | Management’s Role Managing Risk The Company’s ERMC, an interdepartmental, management-level committee, meets at least quarterly and is responsible for ensuring that the Company has appropriate policies and procedures in place to help identify, measure, monitor and control potentially significant business risks. In connection with these responsibilities, the ERMC receives detailed quarterly risk reports prepared by the CRO that identify various enterprise level risks and include proposed management action plans and strategies for risk mitigation and remediation, if required, to reduce residual risk exposures. This includes information security action plans from the CISO, the CIO, and/or other key stakeholders. The incorporation of these reports into the ERMC’s meetings is intended to promote the inclusion of a wide range of risks, including cybersecurity considerations, in the overall risk management decision-making processes throughout the Company. The Information Technology/Information Security Steering Committee (the “IT Steering Committee”) reports directly into the ERMC and meets at least quarterly. The IT Steering Committee is composed of senior members of management, including the CIO, the CRO and the CISO. The IT Steering Committee oversees information technology matters at the Company, including the implementation of all cybersecurity policies, standards, guidelines and procedures. The responsibilities of the IT Steering Committee include, among other things, updating the Company’s information technology policies, reviewing the architecture of the Company’s information system infrastructure and monitoring the progress of any significant hardware or software updates or installation. In addition, the IT Steering Committee provides periodic updates related to any identified risks or any information-technology-related matters that, in the opinion of the IT Steering Committee, should be escalated to the ERMC and the Risk Committee of the Board. The CISO plays an important role in the prevention, detection, mitigation, and remediation of cybersecurity incidents and in informing management, the Risk Committee and the Board of Directors on cybersecurity risks and issues. The CISO provides quarterly briefings to the Risk Committee on any significant information security issues, relevant cybersecurity metrics, key performance indicators and the status of the Company’s security-related strategic initiatives. As discussed above, the CISO also provides mid-year and annual reports to the full Board of Directors regarding the state of the Company’s information security program. The annual reports encompass a broad range of topics, including:
| ● | Confidentiality of nonpublic information and the integrity and security of the Company’s information systems;
| ● | Cybersecurity policies and procedures;
| ● | Material cybersecurity risks;
| ● | Cybersecurity program budget and resourcing considerations;
| ● | Effectiveness of our cybersecurity program, including as benchmarked against applicable regulatory requirements and industry standard frameworks; and
| ● | Any material cybersecurity incidents.
In addition to these scheduled meetings, the Risk Committee, the CISO, the CIO, the CRO, and other members of management maintain ongoing dialogues with respect to emerging or potential cybersecurity threats. The Risk Committee also receives reports and updates from management regarding significant cybersecurity developments so that the Board of Directors can be promptly notified, as and when appropriate, of any threats or incidents as well as management’s proposed responses.
Cybersecurity Risk Management Positions or Committees Responsible [Flag] | true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block] | Chief Information Security Officer (the “CISO”)
Cybersecurity Risk Management Expertise of Management Responsible [Text Block] | The Company’s CISO has extensive experience in the field of cybersecurity and is responsible for managing the Company’s cybersecurity risks and ensuring that the Company’s security posture is aligned with its business objectives. Our CISO’s technical and business experience is helpful for developing and executing our cybersecurity strategies. The CISO helps to oversee the Company’s information security policies and programs, perform risk and vulnerability assessments of the Company’s information systems, and coordinate responses to cybersecurity incidents in conjunction with the CIO, the Company’s Incident Response Team (the “IRT”), the IMT and management. The Company’s CIO has extensive experience in establishing and maintaining scalable and secure technology systems and is responsible for maintaining the Company’s various digital platforms. Our CIO worked in various systems, information technology and digital managerial roles at a global financial and investment firm prior to joining the Company. Our CIO’s technical and managerial experience is helpful for developing and executing our cybersecurity strategies. The CIO helps to oversee the Company’s efforts to improve its system’s capabilities, reliability, scalability and security. The Company’s CRO is responsible for identifying, controlling and mitigating risks that could impact the Company’s operations. Our CRO’s decades of experience managing enterprise risks faced by financial institutions supports our development and execution of our cybersecurity strategies in a manner that is aligned with the overall risk management framework of the Company.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block] | The CISO plays an important role in the prevention, detection, mitigation, and remediation of cybersecurity incidents and in informing management, the Risk Committee and the Board of Directors on cybersecurity risks and issues. The CISO provides quarterly briefings to the Risk Committee on any significant information security issues, relevant cybersecurity metrics, key performance indicators and the status of the Company’s security-related strategic initiatives. As discussed above, the CISO also provides mid-year and annual reports to the full Board of Directors regarding the state of the Company’s information security program. The annual reports encompass a broad range of topics, including:
| ● | Confidentiality of nonpublic information and the integrity and security of the Company’s information systems;
| ● | Cybersecurity policies and procedures;
| ● | Material cybersecurity risks;
| ● | Cybersecurity program budget and resourcing considerations;
| ● | Effectiveness of our cybersecurity program, including as benchmarked against applicable regulatory requirements and industry standard frameworks; and
| ● | Any material cybersecurity incidents.
In addition to these scheduled meetings, the Risk Committee, the CISO, the CIO, the CRO, and other members of management maintain ongoing dialogues with respect to emerging or potential cybersecurity threats. The Risk Committee also receives reports and updates from management regarding significant cybersecurity developments so that the Board of Directors can be promptly notified, as and when appropriate, of any threats or incidents as well as management’s proposed responses.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag] | true

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