v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 376,295 $ 351,890
Equity securities 1,305 1,318
Debt securities available for sale (Note 19) 8,576 14,727
Other securities 69,574 67,487
Loans held for sale, at fair value 217,073 352,443
Total loans ($172,960 and $100,158 at fair value at 2024 and 2023, respectively) 4,427,754 3,781,199
Allowance for credit losses (Note 3) (11,190) (12,295)
Net loans 4,416,564 3,768,904
Mortgage servicing rights (Note 5) 15,133 95,339
Intangible assets, net 2,099 4,541
Premises and equipment (Note 4) 27,292 29,296
Other assets (Note 6) 90,100 72,534
Total Assets 5,224,011 4,758,479
Deposits: (Note 7)    
Noninterest-bearing 208,938 253,143
Interest-bearing 3,213,617 2,672,415
Total Deposits 3,422,555 2,925,558
Borrowings (Note 8) 1,258,750 1,275,000
Deferred tax liability 3,477 24,132
Other liabilities 32,806 63,801
Total Liabilities 4,761,521 4,327,859
Common Stock - No Par Value    
Authorized - 101,500,000; shares issued and outstanding - 25,684,560 and 25,689,560 shares at 2024 and 2023, respectively
Additional paid in capital 166,847 180,046
Retained earnings 295,967 251,375
Accumulated other comprehensive loss (324) (801)
Total Stockholders' Equity 462,490 430,620
Total Liabilities and Stockholders' Equity 5,224,011 4,758,479
Subordinated debentures (Note 11)    
Deposits: (Note 7)    
Subordinated debentures 38,933 34,368
Subordinated debentures issues through trusts (Note 12)    
Deposits: (Note 7)    
Subordinated debentures 5,000 5,000
Preferred Stock, Series A Shares    
Preferred Stock Non-Cumulative - No Par Value; 5,000,000 shares authorized    
Preferred stock, issued
Preferred Stock, Series B Shares    
Preferred Stock Non-Cumulative - No Par Value; 5,000,000 shares authorized    
Preferred stock, issued

Source

10-K PDF XBRL Zip