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v3.26.1

Fair Value of Financial Instruments (Tables) | 3 Months Ended
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Mar. 31, 2026
Fair Value Disclosures [Abstract] |
Summary of Carrying Amounts and Estimated Fair Values of Financial Instruments | The following tables present the carrying amounts and estimated fair values of the Company’s financial instruments as of March 31, 2026 and December 31, 2025. Fair values for March 31, 2026 and December 31, 2025 were estimated using an exit price notion.
|  | Carrying Amount |  | Fair Value |  | Fair Value Measurements
($ in thousands) |  |  |  | Level 1 |  | Level 2 |  | Level 3
March 31, 2026 |  |  |  |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 340,822 |  |  | $ | 340,822 |  |  | $ | 340,822 |  |  | $ | — |  |  | $ | — |
Available for sale securities |  | 264,026 |  |  | 264,026 |  |  | — |  |  | 264,026 |  |  | — |
Held to maturity securities |  | 393,615 |  |  | 356,390 |  |  | — |  |  | 356,390 |  |  | — |
Equity securities |  | 6,195 |  |  | 6,195 |  |  | — |  |  | 6,195 |  |  | — |
Restricted securities |  | 18,003 |  |  | N/A |  | — |  |  | N/A |  | — |
Loans held for sale |  | 24,034 |  |  | 24,034 |  |  | — |  |  | 24,034 |  |  | — |
TBA securities |  | 310 |  |  | 310 |  |  | — |  |  | 310 |  |  | — |
Loans held for investment, at amortized cost, net |  | 4,789,549 |  |  | 4,730,092 |  |  | — |  |  | — |  |  | 4,730,092 |
Mortgage servicing rights |  | 4,983 |  |  | 5,716 |  |  | — |  |  | 5,716 |  |  | — |
Accrued interest receivable |  | 20,676 |  |  | 20,676 |  |  | — |  |  | 20,676 |  |  | — |
IRLCs |  | 147 |  |  | 147 |  |  | — |  |  | — |  |  | 147 |
Liabilities |  |  |  |  |  |  |  |  |  |
Deposits: |  |  |  |  |  |  |  |  |  |
Noninterest-bearing |  | $ | 1,567,425 |  |  | $ | 1,567,425 |  |  | $ | — |  |  | $ | 1,567,425 |  |  | $ | — |
Interest-bearing checking |  | 812,847 |  |  | 812,847 |  |  | — |  |  | 812,847 |  |  | — |
Money market and savings |  | 1,795,619 |  |  | 1,795,619 |  |  | — |  |  | 1,795,619 |  |  | — |
Time deposits |  | 1,274,766 |  |  | 1,272,334 |  |  | — |  |  | 1,272,334 |  |  | — |
Brokered deposits |  | 10,963 |  |  | 10,964 |  |  | — |  |  | 10,964 |  |  | — |
TRUPS |  | 30,247 |  |  | 30,939 |  |  | — |  |  | 30,939 |  |  | — |
Subordinated debt |  | 58,782 |  |  | 60,079 |  |  | — |  |  | 60,079 |  |  | — |
TBA Securities |  | 56 |  |  | 56 |  |  | — |  |  | 56 |  |  | — |
Accrued interest payable |  | 3,909 |  |  | 3,909 |  |  | — |  |  | 3,909 |  |  | — |
IRLCs |  | 8 |  |  | 8 |  |  | — |  |  | — |  |  | 8 |
|  | Carrying Amount |  | Fair Value |  | Fair Value Measurements
($ in thousands) |  |  |  | Level 1 |  | Level 2 |  | Level 3
December 31, 2025 |  |  |  |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 355,566 |  |  | $ | 355,566 |  |  | $ | 355,566 |  |  | $ | — |  |  | $ | — |
Available for sale securities |  | 220,358 |  |  | 220,358 |  |  | — |  |  | 220,358 |  |  | — |
Held to maturity securities |  | 414,827 |  |  | 378,116 |  |  | — |  |  | 378,116 |  |  | — |
Equity securities |  | 6,186 |  |  | 6,186 |  |  | — |  |  | 6,186 |  |  | — |
Restricted securities |  | 17,989 |  |  | N/A |  | — |  |  | N/A |  | — |
Loans held for sale |  | 32,540 |  |  | 32,540 |  |  | — |  |  | 32,540 |  |  | — |
TBA securities |  | 11 |  |  | 11 |  |  | — |  |  | 11 |  |  | — |
Loans held for investment, at amortized cost, net |  | 4,841,466 |  |  | 4,767,143 |  |  | — |  |  | — |  |  | 4,767,143 |
Mortgage servicing rights |  | 5,142 |  |  | 5,861 |  |  | — |  |  | 5,861 |  |  | — |
Accrued interest receivable |  | 18,551 |  |  | 18,551 |  |  | — |  |  | 18,551 |  |  | — |
IRLCs |  | 91 |  |  | 91 |  |  | — |  |  | — |  |  | 91 |
Liabilities |  |  |  |  |  |  |  |  |  |
Deposits: |  |  |  |  |  |  |  |  |  |
Noninterest-bearing |  | $ | 1,587,953 |  |  | $ | 1,587,953 |  |  | $ | — |  |  | $ | 1,587,953 |  |  | $ | — |
Interest bearing checking |  | 852,585 |  |  | 852,585 |  |  | — |  |  | 852,585 |  |  | — |
Money market and savings |  | 1,814,928 |  |  | 1,814,928 |  |  | — |  |  | 1,814,928 |  |  | — |
Time deposits |  | 1,267,487 |  |  | 1,265,740 |  |  | — |  |  | 1,265,740 |  |  | — |
Brokered deposits |  | 10,911 |  |  | 10,923 |  |  | — |  |  | 10,923 |  |  | — |
TRUPS |  | 30,168 |  |  | 29,586 |  |  | — |  |  | 29,586 |  |  | — |
Subordinated debt |  | 58,893 |  |  | 58,064 |  |  | — |  |  | 58,064 |  |  | — |
TBA securities |  | 59 |  |  | 59 |  |  | — |  |  | 59 |  |  | — |
Accrued interest payable |  | 2,977 |  |  | 2,977 |  |  | — |  |  | 2,977 |  |  | — |
IRLCs |  | 1 |  |  | 1 |  |  | — |  |  | — |  |  | 1 |

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