v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 487,617 $ 496,459
Equity securities 1,339 1,347
Debt securities available for sale 4,884 4,738
Federal Home Loan Bank ("FHLB") stock 80,109 80,109
Loans held for sale, at fair value 297,243 309,213
Total loans held for investment (“HFI”) - ($173,852 and $178,578 at fair value at March 31, 2026 and December 31, 2025, respectively) 6,411,197 6,021,527
Allowance for credit losses (9,700) (10,435)
Net loans 6,401,497 6,011,092
Mortgage servicing rights, at fair value 20,608 17,048
Intangible assets, net 1,367 1,513
Premises and equipment 27,394 27,571
Other assets 73,819 73,735
Total Assets 7,395,877 7,022,825
Deposits:    
Noninterest-bearing 277,239 275,974
Interest-bearing 4,724,178 4,593,693
Total deposits 5,001,417 4,869,667
Deferred tax liability 4,110 3,786
Other liabilities 51,989 43,915
Total Liabilities 6,805,884 6,453,783
Preferred Stock Non-Cumulative - No Par Value; 5,000,000 shares authorized    
Preferred stock, issued
Common Stock - No Par Value    
Authorized - 101,500,000; shares issued and outstanding - 34,494,116 shares at March 31, 2026 and December 31, 2025
Additional paid in capital 204,875 204,875
Retained earnings 385,206 364,366
Accumulated other comprehensive loss (88) (199)
Total Stockholders' Equity 589,993 569,042
Total Liabilities and Stockholders' Equity 7,395,877 7,022,825
Borrowings    
Deposits:    
Borrowings, subordinated debentures, and subordinated debentures issues through trusts 1,631,496 1,439,500
Subordinated debentures    
Deposits:    
Borrowings, subordinated debentures, and subordinated debentures issues through trusts 111,872 91,915
Subordinated debentures issued through trusts    
Deposits:    
Borrowings, subordinated debentures, and subordinated debentures issues through trusts $ 5,000 $ 5,000

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