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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows From Operating Activities:    
Net Income (loss) $ 21,636 $ (68,100)
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 34,830 164,414
(Reversal of) provision for unfunded commitments (1,771) 1,462
Depreciation and amortization 1,170 1,611
Securities premium amortization (discount accretion), net 2,402 2,288
Net gain on sale of other real estate owned (6) (487)
Net increase in cash surrender value of bank-owned life insurance (11,351) (9,443)
Net (gain) loss on sale of investment securities (269) 1,850
Stock-based compensation expense 3,464 3,797
Decrease (increase) in other assets 11,627 (42,346)
Increase (decrease) in other liabilities (14,484) (40,482)
Net cash provided by operating activities 47,248 14,564
Cash Flows From Investing Activities:    
Purchases of available-for-sale investment securities 0 (28,224)
Proceeds from paydowns of available-for-sale securities 51,505 60,151
Proceeds from sale/call and maturities of available-for-sale securities 18,269 102,834
Proceeds from paydowns of held-to-maturity securities 30,557 33,786
Proceeds from call/maturities of held-to-maturity securities 11,844 10,127
Proceeds from (purchases of) Federal Reserve stock 194 (121)
Proceeds from (purchases of) Federal Home Loan Bank stock (4,367) 21,272
Net change in loans 331,376 80,541
Proceeds from sale of loans 293,766 0
Net (purchases) redemptions of bank-owned life insurance 805 (200,000)
Proceeds from sale of other real estate owned 360 772
Purchase of premises and equipment (1,444) (864)
Net cash (used in) provided by investing activities 732,865 80,274
Cash Flows From Financing Activities:    
Increase (decrease) in deposits (948,509) (11,471)
Increase (decrease) in customer repurchase agreements 0 (9,715)
Increase (decrease) in short-term borrowings 100,000 (440,000)
Net settlement of withholding taxes on the vesting of stock awards (1,146) 0
Proceeds from employee stock purchase plan 200 200
Cash dividends paid (608) (9,999)
Net cash provided by (used in) financing activities (850,063) (470,985)
Net Increase (Decrease) in Cash and Cash Equivalents (69,950) (376,147)
Cash and Cash Equivalents at Beginning of Period 695,693 633,480
Cash and Cash Equivalents at End of Period 625,743 257,333
Supplemental Cash Flows Information:    
Interest paid 135,577 175,450
Income taxes paid 0 1,460
Supplemental Non-Cash Disclosures:    
Initial recognition of operating lease right-of-use assets 1,606 15,838
Transfer of loans held for investment to loans held for sale $ 238,485 $ 37,576