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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 7,938 $ 11,882
Federal funds sold 1,457 2,581
Interest-bearing deposits with banks and other short-term investments 841,372 619,017
Investment securities available-for-sale (amortized cost of $1,161,644 and $1,408,935, respectively, and allowance for credit losses of $0 and $22, respectively) 1,073,412 1,267,404
Investment securities held-to-maturity, net of allowance for credit losses of $1,199 and $1,306, respectively (fair value of $786,662 and $820,382, respectively) 872,418 938,647
Federal Reserve and Federal Home Loan Bank stock 28,306 51,763
Loans held for sale 136,506 0
Loans held for investment, at amortized cost 7,304,679 7,934,888
Less: Allowance for credit losses (156,228) (114,390)
Loans held for investment, net of allowance 7,148,451 7,820,498
Premises and equipment, net 10,503 7,694
Right-of-use assets - operating leases 29,791 18,494
Deferred income taxes 77,362 91,472
Bank-owned life insurance 330,426 115,806
Other real estate owned 14,684 2,743
Other assets 242,876 181,507
Total Assets 10,815,502 11,129,508
Deposits:    
Noninterest-bearing demand 1,577,197 1,544,403
Interest-bearing transaction 932,500 1,211,791
Savings and money market 3,702,579 3,599,221
Time deposits 3,251,283 2,775,663
Total deposits 9,463,559 9,131,078
Customer repurchase agreements 13,725 33,157
Other short-term borrowings 0 490,000
Long-term borrowings 76,346 76,108
Operating lease liabilities 36,278 23,815
Reserve for unfunded commitments 4,886 3,463
Other liabilities 97,232 145,826
Total Liabilities 9,692,026 9,903,447
Shareholders’ Equity    
Common stock, par value 0.01 per share; shares authorized 100,000,000, shares issued and outstanding 30,366,555 and 30,202,003, respectively 300 298
Additional paid-in capital 389,305 384,932
Retained earnings 831,685 982,304
Accumulated other comprehensive income (loss) (97,814) (141,473)
Total Shareholders’ Equity 1,123,476 1,226,061
Total Liabilities and Shareholders’ Equity $ 10,815,502 $ 11,129,508