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Loans (Tables)

12 Months Ended

Dec. 31, 2025

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

Categories of loans include: 

						December 31,
						2025						2024
Commercial loans
Commercial and industrial						$	221,714					$	120,175
Owner-occupied commercial real estate						48,575						53,591
Investor commercial real estate						647,394						269,431
Construction						372,668						413,523
Single tenant lease financing						222,925						949,748
Public finance						442,234						485,867
Healthcare finance						139,469						181,427
Small business lending 1						430,024						331,914
Franchise finance						417,045						536,909
Total commercial loans						2,942,048						3,342,585
Consumer loans
Residential mortgage						343,110						375,160
Home equity						14,725						18,274
Other consumer						425,458						407,947
Total consumer loans						783,293						801,381
Total commercial and consumer loans						3,725,341						4,143,966
Net deferred loan origination costs, premiums and discounts on purchased loans, and other 2						21,387						26,680
Total loans						3,746,728						4,170,646
Allowance for credit losses						(55,686)						(44,769)
Net loans						$	3,691,042					$	4,125,877

1 Balances include $52.2 million and $34.0 million that are guaranteed by the U.S. government as of December 31, 2025 and December 31, 2024, respectively.

2 Includes carrying value adjustment of $19.1 million and $22.9 million related to terminated interest rate swaps associated with public finance loans as of December 31, 2025 and December 31, 2024, respectively.

Allowance for Credit Losses on Financing Receivables

The following tables present changes in the balance of the ACL during the twelve months ended December 31, 2025, 2024 and 2023, respectively.

						Twelve Months Ended December 31, 2025
Allowance for credit losses:						Balance, Beginning of Period												Provision (Credit) Charged to Expense						Charge-Offs						Recoveries						Balance, End of Period
Commercial and industrial						$	1,265											$	809					$	(153)					$	21					$	1,942
Owner-occupied commercial real estate						528												(264)						—						—						264
Investor commercial real estate						1,149												1,106						—						—						2,255
Construction						1,984												462						—						—						2,446
Single tenant lease financing						4,782												(3,966)						—						—						816
Public finance						703												(292)						—						—						411
Healthcare finance						1,412												(807)						—						—						605
Small business lending						16,161												49,604						(39,650)						1,681						27,796
Franchise finance						8,976												26,712						(21,754)						94						14,028
Residential mortgage						2,136												62						(75)						19						2,142
Home equity						106												(75)						—						7						38
Other consumer						5,567												(1,430)						(1,457)						263						2,943
Total						$	44,769											$	71,921					$	(63,089)					$	2,085					$	55,686

The ACL was established based on historical loss experience, current conditions, and reasonable and supportable economic forecasts. These inputs did not indicate emerging credit deterioration within the small business lending or franchise finance portfolios as of December 31, 2024. However, during 2025, credit performance in these portfolios declined at a pace that exceeded prior expectations, resulting in higher-than-anticipated charge‑offs. In response to the observed deterioration, the Company increased the allowance allocated to these loan segments and implemented more stringent underwriting and lending standards to address the heightened credit risk.

						Twelve Months Ended December 31, 2024
Allowance for credit losses:						Balance, Beginning of Period												(Credit) Provision Charged to Expense						Charge-Offs						Recoveries						Balance, End of Period
Commercial and industrial						$	2,185											$	(928)					$	—					$	8					$	1,265
Owner-occupied commercial real estate						825												(297)						—						—						528
Investor commercial real estate						1,311												(162)						—						—						1,149
Construction						2,167												(183)						—						—						1,984
Single tenant lease financing						8,129												(3,152)						(195)						—						4,782
Public finance						1,372												(669)						—						—						703
Healthcare finance						1,976												(564)						—						—						1,412
Small business lending						6,532												19,745						(10,441)						325						16,161
Franchise finance						6,363												4,079						(1,466)						—						8,976
Residential mortgage						2,054												240						(159)						1						2,136
Home equity						171												(72)						—						7						106
Other consumer						5,689												778						(1,009)						109						5,567
Total						$	38,774											$	18,815					$	(13,270)					$	450					$	44,769

						Twelve Months Ended December 31, 2023
Allowance for credit losses:						Balance, Beginning of Period												Adoption of CECL						Provision (Credit) Charged to Expense						Losses Charged Off						Recoveries						Balance, End of Period
Commercial and industrial						$	1,711											$	(120)					$	7,400					$	(7,049)					$	243					$	2,185
Owner-occupied commercial real estate						651												62						112						—						—						825
Investor commercial real estate						1,099												(191)						994						(591)						—						1,311
Construction						2,074												(435)						528						—						—						2,167
Single tenant lease financing						10,519												(346)						(2,044)						—						—						8,129
Public finance						1,753												(135)						(246)						—						—						1,372
Healthcare finance						2,997												1,034						(1,450)						(605)						—						1,976
Small business lending						2,168												334						6,539						(2,586)						77						6,532
Franchise finance						3,988												(313)						3,019						(331)						—						6,363
Residential mortgage						1,559												406						224						(140)						5						2,054
Home equity						69												133						(37)						—						6						171
Other consumer						3,149												2,533						415						(582)						174						5,689
Total						$	31,737											$	2,962					$	15,454					$	(11,884)					$	505					$	38,774

Financing Receivables, Provision For Credit Losses On Off-Balance Sheet Commitments

The following tables details activity in the provision for credit losses on off-balance sheet commitments for the twelve months ended December 31, 2025, 2024 and 2023.

						Balance December 31, 2024						(Benefit) Provision for Credit Losses						Balance December 31, 2025
Off-balance sheet commitments
Commercial loans
Commercial and industrial						$	233					$	(56)					$	177
Owner-occupied commercial real estate						11						(11)						—
Investor commercial real estate						1						35						36
Construction						1,568						691						2,259
Single tenant lease financing						19						(18)						1
Small business lending						263						(151)						112
Total commercial loans						2,095						490						2,585
Consumer loans
Residential mortgage						1						(1)						—
Home equity						35						(35)						—
Other consumer						8						(8)						—
Total consumer loans						44						(44)						—
Total allowance for off-balance sheet commitments						$	2,139					$	446					$	2,585

						Balance December 31, 2023						Provision (Benefit) for Credit Losses						Balance December 31, 2024
Off-balance sheet commitments
Commercial loans
Commercial and industrial						$	233					$	—					$	233
Owner-occupied commercial real estate						9						2						11
Investor commercial real estate						6						(5)						1
Construction						2,889						(1,321)						1,568
Single tenant lease financing						—						19						19
Small business lending						541						(278)						263
Total commercial loans						3,678						(1,583)						2,095
Consumer loans
Residential mortgage						11						(10)						1
Home equity						45						(10)						35
Other consumer						11						(3)						8
Total consumer loans						67						(23)						44
Total allowance for off-balance sheet commitments						$	3,745					$	(1,606)					$	2,139

						Pre-ASC 326 Adoption						Impact of ASC 326 Adoption						(Benefit) Provision for Credit Losses						Balance December 31, 2023
Off-balance sheet commitments
Commercial loans
Commercial and industrial						$	—					$	110					$	123					$	233
Owner-occupied commercial real estate						—						—						9						9
Investor commercial real estate						—						9						(3)						6
Construction						—						2,193						696						2,889
Healthcare finance						—						2						(2)						—
Small business lending						—						—						541						541
Total commercial loans												2,314						1,364						3,678
Consumer loans
Residential mortgage						—						127						(116)						11
Home equity						—						52						(7)						45
Other consumer						—						11						—						11
Total consumer loans						—						190						(123)						67
Total allowance for off-balance sheet commitments						$	—					$	2,504					$	1,241					$	3,745

Financing Receivable Credit Quality Indicators

The following table presents the credit risk profile of the Company’s commercial and consumer loan portfolios by loan class and by year of origination for the years indicated based on rating category and payment activity as of December 31, 2025 and December 31, 2024

			December 31, 2025
			Term Loans (amortized cost basis by origination year)																																				Revolving loans amortized cost basis			Revolving loans converted to term
			2025						2024						2023						2022						2021						Prior															Total
Commercial and industrial
Pass			$	91,592					$	18,608					$	6,984					$	10,450					$	530					$	14,152					$	60,071		$	—					$	202,387
Special Mention			177						256						—						4,746						4,237						—						9,671			—						19,087
Substandard			64						38						138						—						—						—						—			—						240
Doubtful			—						—						—						—						—						—						—			—						—
Total commercial and      industrial			91,833						18,902						7,122						15,196						4,767						14,152						69,742			—						221,714
Year-to-date gross charge-offs			94						59						—						—						—						—						—			—						153
Owner-occupied commercial real estate
Pass			4,159						6,202						1,421						5,174						4,155						15,966						—			—						37,077
Special Mention			—						—						—						—						852						8,991						—			—						9,843
Substandard			—						—						—						—						—						1,655						—			—						1,655
Doubtful			—						—						—						—						—						—						—			—						—
Total owner-occupied      commercial real estate			4,159						6,202						1,421						5,174						5,007						26,612						—			—						48,575
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Investor commercial real estate
Pass			61,333						80,798						195,528						179,155						91,708						35,141						—			—						643,663
Special Mention			—						—						—						—						—						3,731						—			—						3,731
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total investor commercial real      estate			61,333						80,798						195,528						179,155						91,708						38,872						—			—						647,394
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Construction
Pass			65,190						147,941						132,835						23,114						—						2,042						1,546			—						372,668
Special Mention			—						—						—						—						—						—						—			—						—
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total construction			65,190						147,941						132,835						23,114						—						2,042						1,546			—						372,668
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Single tenant lease financing
Pass			144,764						1,370						1,007						10,377						2,021						29,524						—			—						189,063
Special Mention			—						—						—						18,628						4,168						9,401						—			—						32,197
Substandard			—						—						—						—						—						1,665						—			—						1,665
Doubtful			—						—						—						—						—						—						—			—						—
Total single tenant lease      financing			144,764						1,370						1,007						29,005						6,189						40,590						—			—						222,925
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Public finance
Pass			44,077						11,119						—						5,301						10,385						369,442						—			—						440,324
Special Mention			—						—						—						—						—						1,910						—			—						1,910
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total public finance			44,077						11,119						—						5,301						10,385						371,352						—			—						442,234
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—

			December 31, 2025
			Term Loans (amortized cost basis by origination year)																																				Revolving loans amortized cost basis			Revolving loans converted to term
			2025						2024						2023						2022						2021						Prior															Total
Healthcare finance
Pass			—						—						—						—						7,317						128,623						—			—						135,940
Special Mention			—						—						—						—						—						933						—			—						933
Substandard			—						—						—						—						—						2,596						—			—						2,596
Doubtful			—						—						—						—						—						—						—			—						—
Total healthcare finance			—						—						—						—						7,317						132,152						—			—						139,469
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Small business lending
Pass			152,566						103,270						62,754						21,651						7,851						13,779						27,048			—						388,919
Special Mention			—						7,519						5,276						514						—						1,475						1,953			—						16,737
Substandard			—						5,838						11,637						1,315						270						1,416						3,892			—						24,368
Doubtful			—						—						—						—						—						—						—			—						—
Total small business lending			152,566						116,627						79,667						23,480						8,121						16,670						32,893			—						430,024
Year-to-date gross charge-offs			400						16,668						17,755						2,821						1,087						919						—			—						39,650
Franchise finance
Pass			718						56,732						172,080						120,012						29,064						—						—			—						378,606
Special Mention			510						628						3,351						6,972						—						—						—			—						11,461
Substandard			—						1,281						6,831						10,877						7,989						—						—			—						26,978
Doubtful			—						—						—						—						—						—						—			—						—
Total franchise finance			1,228						58,641						182,262						137,861						37,053						—						—			—						417,045
Year-to-date gross charge-offs			—						370						7,664						9,576						4,144						—						—			—						21,754
Consumer loans
Residential mortgage
Performing			4,770						6,271						10,901						163,760						78,631						73,883						—			—						338,216
Nonperforming			—						—						—						2,721						597						1,576						—			—						4,894
Total residential mortgage			4,770						6,271						10,901						166,481						79,228						75,459						—			—						343,110
Year-to-date gross charge-offs			—						—						—						75						—						—						—			—						75
Home equity
Performing			—						—						628						1,009						187						761						11,330			810						14,725
Nonperforming			—						—						—						—						—						—						—			—						—
Total home equity			—						—						628						1,009						187						761						11,330			810						14,725
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Other consumer
Performing			98,688						85,148						77,999						72,978						26,284						63,224						903			—						425,224
Nonperforming			—						96						84						9						34						11						—			—						234
Total other consumer			98,688						85,244						78,083						72,987						26,318						63,235						903			—						425,458
Year-to-date gross charge-offs			79						279						491						189						31						388						—			—						1,457
Total Loans			$	668,608					$	533,115					$	689,454					$	658,763					$	276,280					$	781,897					$	116,414		$	810					$	3,725,341
Total year-to-date gross charge-offs			$	573					$	17,376					$	25,910					$	12,661					$	5,262					$	1,307					$	—		$	—					$	63,089

			December 31, 2024
			Term Loans (amortized cost basis by origination year)																																				Revolving loans amortized cost basis			Revolving loans converted to term
			2024						2023						2022						2021						2020						Prior															Total
Commercial and industrial
Pass			$	23,539					$	8,501					$	13,853					$	5,418					$	2,362					$	17,829					$	44,000		$	—					$	115,502
Special Mention			47						164						4,462						—						—						—						—			—						4,673
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total Commercial and      industrial			23,586						8,665						18,315						5,418						2,362						17,829						44,000			—						120,175
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Owner-occupied commercial real estate
Pass			7,410						1,458						5,366						6,438						5,716						14,793						—			—						41,181
Special Mention			—						—						570						888						8,144						1,153						—			—						10,755
Substandard			—						—						—						—						—						1,655						—			—						1,655
Doubtful			—						—						—						—						—						—						—			—						—
Total owner-occupied      commercial real estate			7,410						1,458						5,936						7,326						13,860						17,601						—			—						53,591
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Investor commercial real estate
Pass			71,430						3,849						88,290						65,050						9,607						27,474						—			—						265,700
Special Mention			—						—						—						—						—						3,731						—			—						3,731
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total investor commercial real      estate			71,430						3,849						88,290						65,050						9,607						31,205						—			—						269,431
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Construction
Pass			35,177						186,979						140,299						47,598						1,622						—						1,848			—						413,523
Special Mention			—						—						—						—						—						—						—			—						—
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total construction			35,177						186,979						140,299						47,598						1,622						—						1,848			—						413,523
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Single tenant lease financing
Pass			79,872						46,674						211,005						88,192						63,506						437,564						—			—						926,813
Special Mention			644						—						9,696						3,460						—						9,135						—			—						22,935
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total single tenant lease      financing			80,516						46,674						220,701						91,652						63,506						446,699						—			—						949,748
Year-to-date gross charge-offs			—						—						—						—						—						195						—			—						195
Public finance
Pass			55,306						1,290						7,790						12,050						463						407,008						—			—						483,907
Special Mention			—						—						—						—						—						1,960						—			—						1,960
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total public finance			55,306						1,290						7,790						12,050						463						408,968						—			—						485,867
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—

			December 31, 2024
			Term Loans (amortized cost basis by origination year)																																				Revolving loans amortized cost basis			Revolving loans converted to term
			2024						2023						2022						2021						2020						Prior															Total
Healthcare finance
Pass			—						—						—						8,969						104,427						67,413						—			—						180,809
Special Mention			—						—						—						—						—						618						—			—						618
Substandard			—						—						—						—						—						—						—			—						—
Doubtful			—						—						—						—						—						—						—			—						—
Total healthcare finance			—						—						—						8,969						104,427						68,031						—			—						181,427
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Small business lending
Pass			138,044						94,556						30,486						11,715						9,687						9,896						17,197			—						311,581
Special Mention			1,022						4,691						927						—						354						1,213						697			—						8,904
Substandard			2,940						3,909						1,457						258						970						1,001						894			—						11,429
Doubtful			—						—						—						—						—						—						—			—						—
Total small business lending			142,006						103,156						32,870						11,973						11,011						12,110						18,788			—						331,914
Year-to-date gross charge-offs			1,093						4,600						3,038						567						619						524						—			—						10,441
Franchise finance
Pass			67,065						230,425						172,830						42,869						—						—						—			—						513,189
Special Mention			—						1,978						5,084						6,275						—						—						—			—						13,337
Substandard			—						3,543						6,367						473						—						—						—			—						10,383
Doubtful			—						—						—						—						—						—						—			—						—
Total franchise finance			67,065						235,946						184,281						49,617						—						—						—			—						536,909
Year-to-date gross charge-offs			—						1,171						—						295						—						—						—			—						1,466
Consumer loans
Residential mortgage
Performing			3,577						13,533						183,484						86,213						28,655						55,615						—			—						371,077
Nonperforming			—						—						1,671						609						69						1,734						—			—						4,083
Total residential mortgage			3,577						13,533						185,155						86,822						28,724						57,349						—			—						375,160
Year-to-date gross charge-offs			—						—						101						58						—						—						—			—						159
Home equity
Performing			—						992						1,450						356						414						530						13,621			911						18,274
Nonperforming			—						—						—						—						—						—						—			—						—
Total home equity			—						992						1,450						356						414						530						13,621			911						18,274
Year-to-date gross charge-offs			—						—						—						—						—						—						—			—						—
Other consumer
Performing			101,965						97,832						88,872						33,177						20,918						64,251						870			—						407,885
Nonperforming			—						—						38						11						1						12						—			—						62
Total other consumer			101,965						97,832						88,910						33,188						20,919						64,263						870			—						407,947
Year-to-date gross charge-offs			157						242						300						127						1						182						—			—						1,009
Total Loans			$	588,038					$	700,374					$	973,997					$	420,019					$	256,915					$	1,124,585					$	79,127		$	911					$	4,143,966
Total year-to-date gross charge-offs			$	1,250					$	6,013					$	3,439					$	1,047					$	620					$	901					$	—		$	—					$	13,270

Past Due Financing Receivables

The following tables present the Company’s loan portfolio delinquency analysis, including nonaccrual loans, as of December 31, 2025 and December 31, 2024.

						December 31, 2025
						30-59 Days Past Due						60-89 Days Past Due						90 Days  or More Past Due						Total  Past Due						Current						Total loans
Commercial and industrial						$	515					$	200					$	—					$	715					$	220,999					$	221,714
Owner-occupied commercial real estate						—						—						—						—						48,575						48,575
Investor commercial real estate						—						—						—						—						647,394						647,394
Construction						—						—						—						—						372,668						372,668
Single tenant lease financing						—						—						—						—						222,925						222,925
Public finance						—						—						—						—						442,234						442,234
Healthcare finance						—						—						1,150						1,150						138,319						139,469
Small business lending						20,325						4,277						9,445						34,047						395,977						430,024
Franchise finance						11,641						1,110						24,912						37,663						379,382						417,045
Residential mortgage						—						3,079						4,622						7,701						335,409						343,110
Home equity						—						—						—						—						14,725						14,725
Other consumer						243						102						141						486						424,972						425,458
Total						$	32,724					$	8,768					$	40,270					$	81,762					$	3,643,579					$	3,725,341

						December 31, 2024
						30-59 Days Past Due						60-89 Days Past Due						90 Days  or More Past Due						Total  Past Due						Current						Total loans
Commercial and industrial						$	—					$	—					$	—					$	—					$	120,175					$	120,175
Owner-occupied commercial real estate						—						—						—						—						53,591						53,591
Investor commercial real estate						—						—						—						—						269,431						269,431
Construction						—						—						—						—						413,523						413,523
Single tenant lease financing						—						—						—						—						949,748						949,748
Public finance						—						—						—						—						485,867						485,867
Healthcare finance						—						—						—						—						181,427						181,427
Small business lending						11,817						1,310						5,587						18,714						313,200						331,914
Franchise finance						9,431						3,279						9,849						22,559						514,350						536,909
Residential mortgage						648						1,711						3,815						6,174						368,986						375,160
Home equity						—						—						—						—						18,274						18,274
Other consumer						194						196						27						417						407,530						407,947
Total						$	22,090					$	6,496					$	19,278					$	47,864					$	4,096,102					$	4,143,966

Loans are reclassified to non-accruing status when, in management’s judgment, the collateral value and financial condition of the borrower do not justify accruing interest. At the time the accrual is discontinued, all unpaid accrued interest is reversed against earnings. Interest income accrued in prior years, if any, is charged to the ACL. Payments subsequently received on nonaccrual loans are applied to principal. A loan is returned to accrual status when principal and interest are no longer past due and collectability is probable, typically after a minimum of nine consecutive months of performance.

The following table summarizes the Company’s nonaccrual loans and loans past due 90 days or more and still accruing by loan class for the periods indicated:

						December 31, 2025																		December 31, 2024
						Total Nonaccrual Loans						Nonaccrual Loans with no Allowance for Credit Losses						Total Loans 90 Days or More Past Due and Accruing						Total Nonaccrual Loans						Nonaccrual Loans with no Allowance for Credit Losses						Total Loans 90 Days or More Past Due and Accruing
Commercial and industrial						$	240					$	—					$	—					$	—					$	—					$	—
Single tenant lease financing						1,665						—						—						—						—						—
Healthcare finance						2,596						2,596						—						—						—						—
Small business lending						19,781						18,928						—						11,429						4,778						1,320
Franchise finance						26,978						4,463						1,144						10,382						—						—
Residential mortgage						4,893						4,893						1,007						4,083						4,083						1,142
Other consumer						234						234						—						61						61						4
Total loans						$	56,387					$	31,114					$	2,151					$	25,955					$	8,922					$	2,466

Collateral Dependent Loans

The following tables present the amortized cost basis of collateral dependent loans, which are individually evaluated to determine expected credit losses as of December 31, 2025 and December 31, 2024.

						December 31, 2025
						Commercial Real Estate						Residential Real Estate						Other (Includes Equipment, Machinery and Other Assets)						Total						Allowance on Collateral Dependent Loans
Owner-occupied commercial real estate						$	1,654					$	—					$	—					$	1,654					$	—
Small business lending1						6,732						—						7,681						14,413						411
Residential mortgage						—						4,893						—						4,893						—
Other consumer loans						—						—						234						234						—
Total loans						$	8,386					$	4,893					$	7,915					$	21,194					$	411

1 Balance includes $8.5 million of loans guaranteed by the U.S. government.

						December 31, 2024
						Commercial Real Estate						Residential Real Estate						Other (Includes Equipment, Machinery and Other Assets)						Total						Allowance on Collateral Dependent Loans
Owner-occupied commercial real estate						$	1,654					$	—					$	—					$	1,654					$	—
Small business lending1						723						—						8,571						9,294						4,167
Franchise finance						—						—						3,468						3,468						679
Residential mortgage						—						4,083						—						4,083						—
Other consumer loans						—						—						22						22						—
Total loans						$	2,377					$	4,083					$	12,061					$	18,521					$	4,846

1 Balance includes $3.5 million of loans guaranteed by the U.S. government.

Loans Experiencing Financial Difficulty and Modified

The following tables present loans that were both experiencing financial difficulty and modified during the twelve months ended December 31, 2025 and December 31, 2024.

						Twelve Months Ended December 31, 2025
						Other-Than-Insignificant Payment Delay												Total Modification by Loan Class						% of Class of Loans
Commercial and industrial						$	350											$	350					0.2		%
Single tenant lease financing						4,672												4,672						2.1		%
Healthcare finance						2,726												2,726						2.0		%
Small business lending						3,022												3,022						0.7		%
Franchise finance						510												510						0.1		%
Total loans						$	11,280											$	11,280

						Twelve Months Ended December 31, 2024
						Other-Than-Insignificant Payment Delay												Total Modification by Loan Class						% of Class of Loans
Investor commercial real estate						$	3,731											$	3,731					1.4		%
Franchise finance						5,566												5,566						1.0		%
Total loans						$	9,297											$	9,297

Performance of Loans Modified in the Last Twelve Months

The following tables present the performance of such loans that have been modified in the last twelve months as of December 31, 2025 and December 31, 2024.

						Twelve Months Ended December 31, 2025
						Current												30 - 89 Days  Past Due						90+ Days Past Due
Commercial and industrial						$	350											$	—					$	—
Single tenant lease financing						4,672												—						—
Healthcare finance						1,280												1,446						—
Small business lending						3,022												—						—
Franchise finance						510												—						—
Total loans						$	9,834											$	1,446					$	—

						Twelve Months Ended December 31, 2024
						Current												30 - 89 Days  Past Due						90+ Days Past Due
Investor commercial real estate						$	3,731											$	—					$	—
Franchise finance						5,566												—						—
Total loans						$	9,297											$	—					$	—

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