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Business Combinations (Tables)
 3 Months Ended
Mar. 31, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Business Acquisitions, by Acquisition
The following table summarizes the consideration paid for Community West and the amounts of assets acquired and liabilities assumed that were recorded at the acquisition date (in thousands):
Community West
April 1, 2024
Fair value of consideration transferred:
Fair value of shares issued$139,970 
Cash consideration2 
Fair value of options assumed3,742 
Total merger consideration$143,714 
Assets acquired:
Cash and cash equivalents$58,523 
Securities available-for-sale846 
Loans and leases920,097 
Premises and equipment7,608 
Cash value of life insurance8,971 
Other assets44,894 
Total assets acquired1,040,939 
Liabilities assumed:
Deposits(844,035)
Borrowings(85,638)
Other liabilities(10,603)
Total liabilities assumed(940,276)
Total net assets acquired100,663 
Goodwill created from transaction$43,051 
The following table presents the fair value and gross contractual amounts receivable of acquired non-credit deteriorated loans from the recent acquisition on April 1, 2024, and their respective expected contractual cash flows as of the acquisition date (in thousands):
Community West
April 1, 2024
Fair value$892,090 
Gross contractual amounts receivable1,124,200 
Estimate of contractual cash flows not expected to be collected (1)
13,375 
Estimate of contractual cash flows expected to be collected1,110,825 
(1) Includes interest payments not expected to be collected due to loan prepayments as well as principal and interest payments not expected to be collected due to customer default.