XML 82 R70.htm IDEA: XBRL DOCUMENT v3.25.2
Segment Reporting - Schedule of Reportable Segments and Reconciliation to the Consolidated Financial Statements (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Segment Reporting Information [Line Items]          
Interest income $ 42,384 $ 46,127 $ 85,613 $ 96,157  
Interest expense 16,604 18,557 33,157 38,448  
Net interest income (expense) 25,780 27,570 52,456 57,709  
Provision for credit losses 1,990 254 2,167 2,251  
Net interest income (expense) after provision for credit losses 23,790 27,316 50,289 55,458  
Noninterest income 7,945 7,142 14,953 14,976  
Noninterest Expenses:          
Salaries and employee benefits 15,801 15,949 32,213 32,438  
Occupancy expense 1,299 949 2,595 1,813  
Equipment depreciation and maintenance 900 1,218 1,879 2,434  
Data processing and communications 1,332 1,313 2,687 2,772  
Professional fees 3,481 5,192 7,062 10,929  
Other expenses 5,756 4,309 10,834 8,735  
Total noninterest expenses 28,569 28,930 57,270 59,121  
Operating income (loss) 3,166 5,528 7,972 11,313  
Capital expenditures 191 256 452 1,177  
Assets 3,224,008   3,224,008   $ 3,128,704
Goodwill 1,200   1,200   2,838
Equity method investments 81,423   81,423   78,255
Operating Segments | CoRe Banking          
Segment Reporting Information [Line Items]          
Interest income 42,316 46,038 85,467 95,980  
Interest expense 15,807 17,635 31,563 36,562  
Net interest income (expense) 26,509 28,403 53,904 59,418  
Provision for credit losses 1,990 254 2,167 2,251  
Net interest income (expense) after provision for credit losses 24,519 28,149 51,737 57,167  
Noninterest income 4,677 4,898 9,986 12,419  
Noninterest Expenses:          
Salaries and employee benefits 9,348 9,359 18,786 19,182  
Occupancy expense 1,299 948 2,595 1,812  
Equipment depreciation and maintenance 414 581 822 1,237  
Data processing and communications 1,129 1,027 2,241 2,240  
Professional fees 2,348 4,404 4,389 9,390  
Other expenses 7,483 6,297 14,668 12,399  
Total noninterest expenses 22,021 22,616 43,501 46,260  
Operating income (loss) 7,175 10,431 18,222 23,326  
Capital expenditures 155 159 392 811  
Assets 3,166,318   3,166,318   3,076,644
Goodwill 0   0   0
Equity method investments 0   0   0
Operating Segments | Mortgage Banking          
Segment Reporting Information [Line Items]          
Interest income 103 103 206 206  
Interest expense 0 0 0 0  
Net interest income (expense) 103 103 206 206  
Provision for credit losses 0 0 0 0  
Net interest income (expense) after provision for credit losses 103 103 206 206  
Noninterest income 2,315 485 2,963 (644)  
Noninterest Expenses:          
Salaries and employee benefits 0 0 0 0  
Occupancy expense 0 0 0 0  
Equipment depreciation and maintenance 0 0 0 0  
Data processing and communications 0 0 0 0  
Professional fees 0 0 0 0  
Other expenses 0 0 0 0  
Total noninterest expenses 0 0 0 0  
Operating income (loss) 2,418 588 3,169 (438)  
Capital expenditures 0 0 0 0  
Assets 90,823   90,823   32,697
Goodwill 0   0   0
Equity method investments 81,423   81,423   78,255
Operating Segments | Financial Holding Company          
Segment Reporting Information [Line Items]          
Interest income 2 3 4 5  
Interest expense 797 922 1,594 1,881  
Net interest income (expense) (795) (919) (1,590) (1,876)  
Provision for credit losses 0 0 0 0  
Net interest income (expense) after provision for credit losses (795) (919) (1,590) (1,876)  
Noninterest income 2,855 2,769 5,742 5,034  
Noninterest Expenses:          
Salaries and employee benefits 5,154 4,473 10,411 9,151  
Occupancy expense 72 37 108 73  
Equipment depreciation and maintenance 72 115 153 202  
Data processing and communications 120 152 262 274  
Professional fees 1,135 1,250 2,549 2,251  
Other expenses 869 526 1,495 1,121  
Total noninterest expenses 7,422 6,553 14,978 13,072  
Operating income (loss) (5,362) (4,703) (10,826) (9,914)  
Capital expenditures 18 97 30 108  
Assets 346,158   346,158   405,010
Goodwill 0   0   0
Equity method investments 0   0   0
Intercompany Eliminations          
Segment Reporting Information [Line Items]          
Interest income (37) (17) (64) (34)  
Interest expense (37) (17) (64) (34)  
Net interest income (expense) 0 0 0 0  
Provision for credit losses 0 0 0 0  
Net interest income (expense) after provision for credit losses 0 0 0 0  
Noninterest income (3,116) (4,138) (6,408) (8,225)  
Noninterest Expenses:          
Salaries and employee benefits 0 0 0 0  
Occupancy expense (72) (36) (108) (72)  
Equipment depreciation and maintenance 0 0 0 0  
Data processing and communications 0 0 0 0  
Professional fees (283) (823) (650) (1,666)  
Other expenses (2,761) (3,279) (5,650) (6,487)  
Total noninterest expenses (3,116) (4,138) (6,408) (8,225)  
Operating income (loss) 0 0 0 0  
Capital expenditures 0 0 0 0  
Assets (396,243)   (396,243)   (408,737)
Goodwill 0   0   0
Equity method investments 0   0   0
Other          
Segment Reporting Information [Line Items]          
Interest income 0 0 0 0  
Interest expense 37 17 64 39  
Net interest income (expense) (37) (17) (64) (39)  
Provision for credit losses 0 0 0  
Net interest income (expense) after provision for credit losses (37) (17) (64) (39)  
Noninterest income 1,214 3,128 2,670 6,392  
Noninterest Expenses:          
Salaries and employee benefits 1,299 2,117 3,016 4,105  
Occupancy expense 0 0 0 0  
Equipment depreciation and maintenance 414 522 904 995  
Data processing and communications 83 134 184 258  
Professional fees 281 361 774 954  
Other expenses 165 765 321 1,702  
Total noninterest expenses 2,242 3,899 5,199 8,014  
Operating income (loss) (1,065) (788) (2,593) (1,661)  
Capital expenditures 18 $ 0 30 $ 258  
Assets 16,952   16,952   23,090
Goodwill 1,200   1,200   2,838
Equity method investments $ 0   $ 0   $ 0