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Securities (Tables)

12 Months Ended

Dec. 31, 2025

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-sale Securities Reconciliation

						December 31, 2025
						Amortized Cost						Gross Unrealized												Fair Value
												Gains						Losses
Securities available-for-sale
U.S. Government-sponsored agencies						$	64,298					$	480					$	(1,014)					$	63,764
Municipal securities						64,777						17						(1,408)						63,386
Agency mortgage-backed securities - residential1						409,718						841						(21,102)						389,457
Agency mortgage-backed securities - commercial						59,112						202						(837)						58,477
Private label mortgage-backed securities - residential						124,264						234						(825)						123,673
Asset-backed securities						42,492						100						(39)						42,553
Corporate securities						37,761						346						(730)						37,377
Total available-for-sale						$	802,422					$	2,220					$	(25,955)					$	778,687

						December 31, 2024
						Amortized Cost						Gross Unrealized												Fair Value
												Gains						Losses
Securities available-for-sale
U.S. Government-sponsored agencies						$	83,811					$	487					$	(1,482)					$	82,816
Municipal securities						67,441						—						(3,787)						63,654
Agency mortgage-backed securities - residential1						300,914						460						(31,733)						269,641
Agency mortgage-backed securities - commercial						64,214						276						(1,159)						63,331
Private label mortgage-backed securities - residential						46,623						186						(988)						45,821
Asset-backed securities						23,802						62						(43)						23,821
Corporate securities						40,049						71						(1,849)						38,271
Total available-for-sale						$	626,854					$	1,542					$	(41,041)					$	587,355

Schedule Of Held-To-Maturity Securities Reconciliation

						December 31, 2025
						Amortized Cost						Gross Unrealized												Fair Value						Allowance for Credit Losses						Net Carrying Value
												Gains						Losses
Securities held-to-maturity
Municipal securities						$	11,009					$	1					$	(459)					$	10,551					$	(3)					$	11,006
Agency mortgage-backed securities - residential						213,530						1,834						(11,649)						203,715						—						213,530
Agency mortgage-backed securities - commercial						5,635						—						(915)						4,720						—						5,635
Corporate securities						20,536						—						(707)						19,829						(98)						20,438
Total held-to-maturity						$	250,710					$	1,835					$	(13,730)					$	238,815					$	(101)					$	250,609

1 Includes $0.2 million of additional premium related to terminated interest rate swaps associated with agency mortgage-backed securities - residential as of December 31, 2025.

						December 31, 2024
						Amortized Cost						Gross Unrealized												Fair Value						Allowance for Credit Losses						Net Carrying Value
												Gains						Losses
Securities held-to-maturity
Municipal securities						$	12,846					$	—					$	(921)					$	11,925					$	(3)					$	12,843
Agency mortgage-backed securities - residential						201,840						102						(17,530)						184,412						—						201,840
Agency mortgage-backed securities - commercial						5,705						—						(1,157)						4,548						—						5,705
Corporate securities						29,559						—						(1,593)						27,966						(151)						29,408
Total held-to-maturity						$	249,950					$	102					$	(21,201)					$	228,851					$	(154)					$	249,796

1 Includes $0.3 million of additional premium related to terminated interest rate swaps associated with agency mortgage-backed securities - residential as of December 31, 2024.

Investments Classified by Contractual Maturity Date

The carrying value of securities at December 31, 2025 is shown below by their contractual maturity date. Actual maturities will differ because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

						Available-for-Sale
						Amortized Cost						Fair Value
Within one year						$	1,336					$	1,336
One to five years						27,784						27,222
Five to ten years						75,741						75,504
After ten years						61,975						60,465
						166,836						164,527
Agency mortgage-backed securities - residential						409,718						389,457
Agency mortgage-backed securities - commercial						59,112						58,477
Private label mortgage-backed securities - residential						124,264						123,673
Asset-backed securities						42,492						42,553
Total						$	802,422					$	778,687

						Held-to-Maturity
						Amortized Cost						Fair Value
Within one year						$	935					$	931
One to five years						17,059						16,901
Five to ten years						10,514						9,779
After ten years						3,037						2,769
						31,545						30,380
Agency mortgage-backed securities - residential						213,530						203,715
Agency mortgage-backed securities - commercial						5,635						4,720
Total						$	250,710					$	238,815

Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value

The following tables show the securities portfolio’s gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at December 31, 2025 and 2024:

						December 31, 2025
						Less Than 12 Months												12 Months or Longer												Total
						Fair Value						Unrealized Losses						Fair Value						Unrealized Losses						Fair Value						Unrealized Losses
Securities available-for-sale
U.S. Government-sponsored agencies						$	3,600					$	(20)					$	33,849					$	(994)					$	37,449					$	(1,014)
Municipal securities						2,301						—						42,515						(1,408)						44,816						(1,408)
Agency mortgage-backed securities - residential						67,177						(190)						186,453						(20,912)						253,630						(21,102)
Agency mortgage-backed securities - commercial						2,981						(22)						25,915						(815)						28,896						(837)
Private label mortgage-backed securities - residential						75,924						(191)						6,533						(634)						82,457						(825)
Asset-backed securities						21,413						(39)						—						—						21,413						(39)
Corporate securities						3,698						(52)						14,322						(678)						18,020						(730)
Total						$	177,094					$	(514)					$	309,587					$	(25,441)					$	486,681					$	(25,955)

						December 31, 2024
						Less Than 12 Months												12 Months or Longer												Total
						Fair Value						Unrealized Losses						Fair Value						Unrealized Losses						Fair Value						Unrealized Losses
Securities available-for-sale
U.S. Government-sponsored agencies						$	16,856					$	(111)					$	29,748					$	(1,371)					$	46,604					$	(1,482)
Municipals						8,504						(54)						52,649						(3,733)						61,153						(3,787)
Agency mortgage-backed securities - residential						41,005						(179)						169,483						(31,554)						210,488						(31,733)
Agency mortgage-backed securities - commercial						18,141						(37)						12,027						(1,122)						30,168						(1,159)
Private label mortgage-backed securities - residential						3,003						(14)						7,450						(974)						10,453						(988)
Asset-backed securities						10,299						(43)						—						—						10,299						(43)
Corporate securities						2,994						(6)						27,179						(1,843)						30,173						(1,849)
Total						$	100,802					$	(444)					$	298,536					$	(40,597)					$	399,338					$	(41,041)

HTM Portfolio Credit Quality Indicator

The following table summarizes ratings for the Company’s HTM portfolio issued by state and political subdivisions and other securities as of December 31, 2025 and 2024.

						December 31, 2025
						Held-to-Maturity
						Municipal Securities						Mortgage-Backed Securities - Residential						Mortgage-Backed Securities - Commercial						Corporate Securities						Total
AAA equivalent - agency						$	—					$	213,530					$	5,635					$	—					$	219,165
Aa1/AA+						7,046						—						—						—						7,046
Aa2/AA						2,170						—						—						—						2,170
Aa3/AA-						1,793						—						—						—						1,793
A2/A						—						—						—						—						—
A3/A-						—						—						—						5,000						5,000
Baa1/BBB+						—						—						—						5,000						5,000
Baa2/BBB						—						—						—						4,000						4,000
Baa3/BBB-						—						—						—						4,536						4,536
Ba1/BB+						—						—						—						2,000						2,000
Total						$	11,009					$	213,530					$	5,635					$	20,536					$	250,710

						December 31, 2024
						Held-to-Maturity
						Municipal Securities						Mortgage-Backed Securities - Residential						Mortgage-Backed Securities - Commercial						Corporate Securities						Total
AAA equivalent - agency						$	—					$	201,840					$	5,705					$	—					$	207,545
Aa1/AA+						8,878						—						—						—						8,878
Aa2/AA						2,175						—						—						—						2,175
Aa3/AA-						1,793						—						—						—						1,793
A2/A						—						—						—						5,000						5,000
A3/A-						—						—						—						—						—
Baa1/BBB+						—						—						—						8,500						8,500
Baa2/BBB						—						—						—						5,500						5,500
Baa3/BBB-						—						—						—						8,559						8,559
Ba1/BB+						—						—						—						2,000						2,000
Total						$	12,846					$	201,840					$	5,705					$	29,559					$	249,950

Schedule of Equity Investment With Readily Determinable Fair Value

The carrying amount of each equity investment with a readily determinable fair value or net asset value at December 31, 2025 and 2024 is reflected in the following table:

						2025						2024
GenOpp Financial Fund LP						$	2,876					$	2,724
Total						$	2,876					$	2,724

Equity Securities without Readily Determinable Fair Value

The carrying amount of the Company’s investments in non-marketable equity securities with no readily determinable fair value and amounts recognized in earnings on a cumulative basis for the years ended December 31, 2025 and 2024 is reflected in the following table:

						2025						2024
Carrying value1						$	38,611					$	20,017
Carrying value adjustments						—						—
Impairment						—						—
Upward changes for observable prices						—						—
Downward changes for observable prices						—						—
Net change						$	38,611					$	20,017

1 Excludes $14.6 million and $9.1 million in unfunded commitments as of December 31, 2025 and 2024, respectively.

Schedule of Variable Interest Entities

The following table provides a summary of VIEs that the Company has not consolidated as December 31, 2025 and 2024:

						December 31, 2025
						Carrying Amount						Maximum Exposure to Loss						Liability Recognized						Classification
Private equity and venture capital funds						$	13,685					$	20,208					$	—					Other assets (1)
Hedge funds						2,876						2,876						—						Other assets (2)
SBIC						7,292						13,000						—						Other assets (3)
Affordable housing						7,634						12,519						—						Other assets (4)
Non-marketable and other equity investments						10,000						10,000						—						Other assets (5)

						December 31, 2024
						Carrying Amount						Maximum Exposure to Loss						Liability Recognized						Classification
Private equity and venture capital funds						$	10,811					$	20,057					$	—					Other assets (6)
Hedge funds						2,724						2,724						—						Other assets (7)
SBIC						4,931						8,000						—						Other assets (8)
Affordable housing						5,073						11,519						—						Other assets (9)
Non-marketable and other equity investments						5,000						5,000						—						Other assets (10)

(1) Maximum exposure to loss includes $13.7 million of current investments and $6.5 million in unfunded commitments.

(2) Maximum exposure to loss includes $2.9 million of current investments.

(3) Maximum exposure to loss includes $7.3 million of current investments and $5.7 million in unfunded commitments.

(4) Maximum exposure to loss includes $7.6 million of current investments, $2.4 million in unfunded commitments and a scenario in which related tax credits of $2.5 million are recaptured, totaling $12.5 million.

(5) Maximum exposure to loss includes $10.0 million of current investments.

(6) Maximum exposure to loss includes $10.8 million of current investments and $9.3 million in unfunded commitments.

(7) Maximum exposure to loss includes $2.7 million of current investments.

(8) Maximum exposure to loss includes $4.9 million of current investments and $3.1 million in unfunded commitments.

(9) Maximum exposure to loss includes $5.1 million of current investments, $4.9 million in unfunded commitments and a scenario in which related tax credits of $1.5 million are recaptured, totaling $11.5 million.

(10) Maximum exposure to loss includes $5.0 million of current investments and $5.0 million in unfunded commitments.

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