COASTAL FINANCIAL CORP, 10-Q filed on 5/8/2026
Quarterly Report
v3.26.1
Cover - shares
 3 Months Ended
Mar. 31, 2026
May 04, 2026
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Mar. 31, 2026  
Document Transition Report false  
Entity File Number 001-38589  
Entity Registrant Name COASTAL FINANCIAL CORPORATION  
Entity Incorporation, State or Country Code WA  
Entity Tax Identification Number 56-2392007  
Entity Address, Address Line One 5415 Evergreen Way  
Entity Address, City or Town Everett  
Entity Address, State or Province WA  
Entity Address, Postal Zip Code 98203  
City Area Code 425  
Local Phone Number 257-9000  
Title of 12(b) Security Common Stock, no par value per share  
Trading Symbol CCB  
Security Exchange Name NASDAQ  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   15,248,808
Entity Central Index Key 0001437958  
Current Fiscal Year End Date --12-31  
Document Fiscal Year Focus 2026  
Document Fiscal Period Focus Q1  
Amendment Flag false  
v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 52,695 $ 34,241
Interest earning deposits with other banks 1,442,772 702,729
Investment securities, available-for-sale, at fair value 28 29
Investment securities, held-to-maturity, at amortized cost 46,141 48,218
Other investments 14,023 12,837
Loans held for sale 124,039 71,216
Loans receivable 3,859,379 3,749,531
Allowance for credit losses (172,427) (169,530)
Total loans receivable, net 3,686,952 3,580,001
CCBX credit enhancement asset 180,587 177,657
CCBX receivable 24,926 23,047
Premises and equipment, net 29,710 29,325
Lease right-of-use assets 4,641 4,821
Accrued interest receivable 20,139 18,613
Bank-owned life insurance, net 14,044 13,910
Intangible assets, net 4,434 4,536
Other assets 18,698 20,257
Total assets 5,663,829 4,741,437
LIABILITIES    
Deposits 5,041,164 4,144,199
Principal amount $45,000 (less unamortized debt issuance costs of $520 and $557) at March 31, 2026 and December 31, 2025, respectively 44,480 44,443
Principal amount $3,609 (less unamortized debt issuance costs of $15 and $16 at March 31, 2026 and December 31, 2025, respectively) 3,594 3,593
Deferred compensation 251 267
Accrued interest payable 2,665 1,435
Lease liabilities 4,799 4,984
CCBX payable 28,410 27,492
Deferred tax liability, net 1,656 853
Other liabilities 33,048 23,212
Total liabilities 5,160,067 4,250,478
SHAREHOLDERS’ EQUITY    
Authorized: 25,000,000 shares at March 31, 2026 and December 31, 2025; issued and outstanding: zero shares at March 31, 2026 and December 31, 2025 0 0
Authorized: 300,000,000 shares at March 31, 2026 and December 31, 2025; 15,241,491 shares at March 31, 2026 issued and outstanding and 15,140,192 shares at December 31, 2025 issued and outstanding 234,222 233,438
Retained earnings 269,541 257,522
Accumulated other comprehensive loss, net of tax (1) (1)
Total shareholders’ equity 503,762 490,959
Total liabilities and shareholders’ equity $ 5,663,829 $ 4,741,437
v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Preferred stock, no par value (in dollars per share) $ 0 $ 0
Preferred stock, shares authorized (in shares) 25,000,000 25,000,000
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0
Common stock, no par value (in dollars per share) $ 0 $ 0
Common stock, shares authorized (in shares) 300,000,000 300,000,000
Common stock, shares, issued (in shares) 15,241,491 15,140,192
Common stock, shares, outstanding (in shares) 15,241,491 15,140,192
Subordinated Debt    
Principal amount $ 45,000 $ 45,000
Unamortized debt issuance cost 520 557
Junior Subordinated Debentures    
Principal amount 3,609 3,609
Unamortized debt issuance cost $ 15 $ 16
v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
INTEREST AND DIVIDEND INCOME    
Interest and fees on loans $ 102,887 $ 98,147
Interest on interest earning deposits with other banks 8,128 6,070
Interest on investment securities 622 650
Dividends on other investments 44 40
Total interest income 111,681 104,907
INTEREST EXPENSE    
Interest on deposits 27,670 28,185
Interest on borrowed funds 654 660
Total interest expense 28,324 28,845
Net interest income 83,357 76,062
PROVISION FOR CREDIT LOSSES 51,398 55,781
Net interest income (expense) after provision for credit losses 31,959 20,281
NONINTEREST INCOME    
Service charges and fees 850 860
Unrealized gain (loss) on equity securities, net 126 16
Other income 410 682
Noninterest income, excluding BaaS program income and BaaS indemnification income 1,386 1,558
Total noninterest income 66,077 63,477
NONINTEREST EXPENSE    
Salaries and employee benefits 23,122 21,532
Occupancy 859 1,034
Data processing and software licenses 7,643 4,232
Legal and professional expenses 7,002 6,488
Point of sale expense 445 107
Excise taxes 1,169 722
Federal Deposit Insurance Corporation ("FDIC") assessments 573 755
Director and staff expenses 668 631
Marketing 38 50
Other expense 1,934 1,938
Noninterest expense, excluding BaaS loan and BaaS fraud expense 43,453 37,489
BaaS loan and fraud expense 39,999 34,500
Total noninterest expense 83,452 71,989
Income before provision for income taxes 14,584 11,769
PROVISION FOR INCOME TAXES 2,565 2,039
NET INCOME $ 12,019 $ 9,730
Basic earnings per common share (in usd per share) $ 0.79 $ 0.65
Diluted earnings per common share (in usd per share) $ 0.78 $ 0.63
Weighted average number of common shares outstanding:    
Basic (in shares) 15,179,447 14,962,507
Diluted (in shares) 15,422,822 15,462,041
BaaS program income    
NONINTEREST INCOME    
Noninterest income $ 10,888 $ 6,278
BaaS indemnification income    
NONINTEREST INCOME    
Noninterest income 53,803 55,641
Servicing and other BaaS fees | BaaS program income    
NONINTEREST INCOME    
Noninterest income 2,623 1,419
Transaction and interchange fees | BaaS program income    
NONINTEREST INCOME    
Noninterest income 5,873 3,833
Reimbursement of expenses | BaaS program income    
NONINTEREST INCOME    
Noninterest income 2,392 1,026
BaaS credit enhancements | BaaS indemnification income    
NONINTEREST INCOME    
Noninterest income 50,744 53,648
BaaS fraud enhancements | BaaS indemnification income    
NONINTEREST INCOME    
Noninterest income 3,059 1,993
BaaS loan expense    
NONINTEREST EXPENSE    
BaaS loan and fraud expense 36,940 32,507
BaaS fraud expense    
NONINTEREST EXPENSE    
BaaS loan and fraud expense $ 3,059 $ 1,993
v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Statement of Comprehensive Income [Abstract]    
NET INCOME $ 12,019 $ 9,730
Securities available-for-sale    
Income tax expense related to unrealized holding gain/(loss) 0 1
OTHER COMPREHENSIVE INCOME, net of tax 0 1
COMPREHENSIVE INCOME $ 12,019 $ 9,731
v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Restricted Stock
Stock Option Awards
Common Stock
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2024       14,935,298    
Beginning balance at Dec. 31, 2024 $ 438,704     $ 228,177 $ 210,529 $ (2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net Income 9,730       9,730  
Vesting of restricted stock units (in shares)       55,571    
Vesting of restricted stock units, net of 11,071 shares held to cover for taxes (970)     $ (970)    
Exercise of stock options (in shares)       18,356    
Exercise of stock options, net of 4,066 shares held to cover for taxes (160)     $ (160)    
Stock-based compensation 2,540     2,540    
Stock issuance and net proceeds from public offering 72     $ 72    
Other comprehensive income (loss), net of tax 1         1
Ending balance (in shares) at Mar. 31, 2025       15,009,225    
Ending balance at Mar. 31, 2025 449,917     $ 229,659 220,259 (1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Shares held to cover for exercise and taxes (in shares)   11,291 4,066      
Beginning balance (in shares) at Dec. 31, 2025       15,140,192    
Beginning balance at Dec. 31, 2025 490,959     $ 233,438 257,522 (1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net Income 12,019       12,019  
Vesting of restricted stock units (in shares)       55,767    
Vesting of restricted stock units, net of 11,071 shares held to cover for taxes (1,156)     $ (1,156)    
Exercise of stock options (in shares)       45,532    
Exercise of stock options, net of 4,066 shares held to cover for taxes (61)     $ (61)    
Stock-based compensation 2,001     $ 2,001    
Other comprehensive income (loss), net of tax 0          
Ending balance (in shares) at Mar. 31, 2026       15,241,491    
Ending balance at Mar. 31, 2026 $ 503,762     $ 234,222 $ 269,541 $ (1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Shares held to cover for exercise and taxes (in shares)   11,071 4,764      
v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 12,019 $ 9,730
Adjustments to reconcile net income to net cash provided by operating activities:    
PROVISION FOR CREDIT LOSSES 51,398 55,781
Depreciation and amortization 1,673 1,554
Loss on disposition of fixed assets 11 0
Decrease in operating lease right-of-use assets 269 204
Decrease in operating lease liabilities (274) (207)
Net amortization on investment securities 18 3
Unrealized holding loss (gain) on equity investment, net (126) (16)
Stock-based compensation 2,000 2,540
Increase in bank-owned life insurance value (134) (126)
Deferred tax expense 803 (311)
Net change in CCBX receivable (1,879) 1,453
Net change in CCBX credit enhancement asset (2,930) (1,487)
Net change in CCBX payable 918 220
Net change in other assets and liabilities 12,208 2,346
Total adjustments 63,955 61,954
Net cash provided by operating activities 75,974 71,684
CASH FLOWS FROM INVESTING ACTIVITIES    
Net increase in FRB and FHLB securities (470) 0
Change in equity investments, net (590) (1,773)
Principal paydowns of investment securities available-for-sale 1 1
Principal paydowns of investment securities held-to-maturity 2,059 326
Purchase of intangible assets (125) 0
Proceeds from sales of loans held for sale 3,278,965 744,618
Purchase of loans 16,080 0
Purchase of loan participations 9 0
Increase in loans receivable, net (3,507,313) (845,144)
Purchases of premises and equipment, net (1,841) (2,762)
Net cash used by investing activities (213,225) (104,734)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in demand deposits, money market, and savings 897,056 207,737
Net decrease in time deposits (91) (1,840)
Proceeds from exercise of stock options, net of shares withheld to cover (61) (160)
Net cash for shares held to cover on restricted stock vesting (1,156) (970)
Proceeds from public offering, expense true-up 0 72
Net cash provided by financing activities 895,748 204,839
NET CHANGE IN CASH, DUE FROM BANKS AND RESTRICTED CASH 758,497 171,789
CASH, DUE FROM BANKS AND RESTRICTED CASH, beginning of year 736,970 452,513
CASH, DUE FROM BANKS AND RESTRICTED CASH, end of quarter 1,495,467 624,302
SUPPLEMENTAL SCHEDULE OF OPERATING AND INVESTING ACTIVITIES    
Interest paid 27,094 28,700
Income taxes paid 8 105
SUPPLEMENTAL SCHEDULE OF NONCASH TRANSACTIONS    
Lease liabilities arising from obtaining right-of-use assets 89 102
Transfer from loans to loans held for sale $ 3,331,789 $ 766,149
v3.26.1
Description of Business and Summary of Significant Accounting Policies
 3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Description of Business and Summary of Significant Accounting Policies Description of Business and Summary of Significant Accounting Policies
Nature of operations - Coastal Financial Corporation (“Corporation” or “Company”) is a registered bank holding company whose wholly owned subsidiaries are Coastal Community Bank (“Bank”) and Arlington Olympic LLC (“LLC”). The Company is a Washington state corporation that was organized in 2003. The Bank was incorporated and commenced operations in 1997 and is a Washington state-chartered commercial bank that is a member bank of the Federal Reserve system. The LLC was formed in 2019 and owns the Company’s Arlington branch site, which the Bank leases from the LLC.
The Company operates through the Bank and is headquartered in Everett, Washington, which by population is the largest city in Snohomish County. The Company’s business is conducted through three reportable segments: The community bank, CCBX and treasury & administration. The primary focus of the community bank is on providing a wide range of banking products and services to consumers and small to medium sized businesses in the broader Puget Sound region in the state of Washington and through the Internet and our mobile banking application. We currently operate 14 full-service banking locations, 12 of which are located in Snohomish County, where we are the largest community bank by deposit market share, and two of which are located in neighboring counties (one in King County and one in Island County). We also have a loan production office which is located in King county. The CCBX segment provides banking as a service (“BaaS”) that allows digital financial service providers, companies and brands to offer their customers banking services. The CCBX segment had a total of 30 partners, at varying stages as of March 31, 2026. The treasury & administration segment includes investments, debt and other reporting items that are not specific to the community bank or CCBX segments.
The Bank’s deposits are insured in whole or in part by the Federal Deposit Insurance Corporation (“FDIC”). The community bank’s loans and deposits are primarily within the greater Puget Sound region, while CCBX loans and deposits are dependent upon the partners' markets. The Bank’s primary funding source is deposits from customers. The Bank is subject to regulation and supervision by the Board of Governors of the Federal Reserve System and the Washington State Department of Financial Institutions Division of Banks. The Federal Reserve also has regulatory and supervisory authority over the Company.
Financial statement presentation - The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim reporting requirements and with instructions to Form 10-Q and Article 10 of Regulation S-X, and therefore do not include all the information and notes included in the annual consolidated financial statements in conformity with GAAP. These interim condensed consolidated financial statements and accompanying notes should be read in conjunction with the Company’s audited consolidated financial statements and accompanying notes included in the Company’s Annual report on Form 10-K as filed with the U.S. Securities and Exchange Commission (“SEC”) on February 27, 2026. Operating results for the three months ended March 31, 2026 are not necessarily indicative of the results that may be expected for the entire year.
Amounts presented in the consolidated financial statements and footnote tables are rounded and presented in thousands of dollars except per-share amounts, which are presented in dollars. In the narrative footnote discussion, amounts are rounded to thousands and presented in dollars.
In management’s opinion, all accounting adjustments necessary to accurately reflect the financial position and results of operations on the accompanying consolidated financial statements have been made. These adjustments include normal and recurring accruals considered necessary for a fair and accurate presentation.
Principles of consolidation - The consolidated financial statements include the accounts of the Company, the Bank and the LLC. All significant intercompany accounts have been eliminated in consolidation.
Estimates - The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management believes that its critical accounting policies include determining the allowance for credit losses, the valuation
of the Company’s deferred tax assets, and fair value of financial instruments. Actual results could differ significantly from those estimates.
Subsequent Events - The Company has evaluated events and transactions subsequent to March 31, 2026 for potential recognition or disclosure. Other than as described below, there were no material subsequent events requiring recognition or disclosure in the consolidated financial statements.

Subsequent to March 31, 2026, the Bank entered into a non-binding term sheet with Evolve Bank & Trust (“Evolve”) to explore the potential acquisition of certain banking-as-a-service programs currently overseen and operated by Evolve. The Bank intends to conduct due diligence and, together with Evolve, may negotiate definitive agreements with respect to selected programs. Any potential transaction would be subject to, among other things, the execution of definitive agreements, receipt of required regulatory approvals, and satisfaction of customary closing conditions.
Reclassifications - Certain amounts reported in prior quarters' consolidated financial statements may have been reclassified to conform to the current presentation with no effect on stockholders’ equity or net income.
v3.26.1
Recent accounting standards
 3 Months Ended
Mar. 31, 2026
Accounting Standards Update and Change in Accounting Principle [Abstract]  
Recent accounting standards Recent accounting standards
Recent Accounting Guidance
In November 2023, the FASB issued ASU 2023-07, Income Statement—Reporting Comprehensive Income (Subtopic 220-40): Disaggregation of Income Statement Expenses, which requires enhanced disclosures about the nature of expenses included in income statement line items to improve transparency and comparability. This ASU is effective for fiscal years beginning after December 15, 2026, and interim periods within those fiscal years, with early adoption permitted. The Company is evaluating the impact of this standard on its disclosures.
In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which enhances the transparency of income tax disclosures by requiring more detailed information about income tax expense, cash taxes paid, and the effective tax rate reconciliation. This ASU is effective for fiscal years beginning after December 15, 2024, and interim periods within those fiscal years and was implemented by the Company as of the fiscal year ended December 31, 2025. The adoption of ASU 2023-09 did not have a material impact on the Company’s consolidated financial statements but resulted in enhanced income tax disclosures.
In March 2025, the FASB issued ASU 2025-05, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets, which simplifies the measurement of expected credit losses for certain financial assets by providing a practical expedient and additional guidance on applying CECL to short-term receivables. This ASU is effective for fiscal years beginning after December 15, 2025, and interim periods within those fiscal years, with early adoption permitted. This standard did not have a material impact on the Company's consolidated financial statements.
In September 2025, the FASB issued ASU 2025-06, Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software, which modernizes and clarifies guidance on capitalization of internal-use software costs (including software developed using iterative methods) and related presentation/disclosure considerations. This ASU is effective for annual reporting periods beginning after December 15, 2027, and interim periods within those fiscal years, with early adoption permitted. The Company is evaluating the impact of this standard on its capitalization policies and disclosures.
In November 2025, the FASB issued ASU 2025-08, Financial Instruments—Credit Losses (Topic 326): Purchased Loans, which expands and clarifies acquisition-date accounting for certain purchased loans under CECL, including use of a gross-up approach for specified acquired loans. This ASU is effective for annual reporting periods beginning after December 15, 2026, and interim periods within those fiscal years, with early adoption permitted. The Company is evaluating the impact of this standard on its accounting for acquired loans and related disclosures.
In November 2025, the FASB issued ASU 2025-11, Interim Reporting (Topic 270): Narrow-Scope Improvements, to clarify and improve the guidance related to interim financial reporting. The ASU enhances the structure and navigability of Topic 270 by consolidating and organizing interim disclosure requirements and clarifying their applicability to entities that issue interim financial statements in accordance with U.S. GAAP. The amendments also introduce a disclosure principle requiring entities to disclose material events and changes that occur after the most recent annual reporting period. The ASU does not significantly expand existing disclosure requirements but is intended to improve transparency and consistency in interim reporting. This ASU is effective for interim reporting periods in fiscal years beginning after December 15, 2027, and early adoption is permitted. The Company is currently evaluating the impact of the adoption of this standard on its consolidated financial statements.
v3.26.1
Investment Securities
 3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Investment Securities Investment Securities
The following tables summarize the amortized cost, fair value, and allowance for credit losses and the corresponding amounts of gross unrealized gains and losses of available-for-sale securities recognized in accumulated other comprehensive income (loss) and gross unrecognized gains and losses of held-to-maturity securities:
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value		Allowance for Credit Losses
(dollars in thousands; unaudited)
March 31, 2026
Available-for-sale
U.S. Agency collateralized
   mortgage obligations		$29 $— $(1)$28 $— 
Total available-for-sale
   securities		29 — (1)28 — 
Held-to-maturity   
U.S. Agency residential
   mortgage-backed securities		46,141 549 (307)46,383 — 
Total investment securities$46,170 $549 $(308)$46,411 $— 
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value		Allowance for Credit Losses
(dollars in thousands; unaudited)
December 31, 2025
Available-for-sale
U.S. Agency collateralized
   mortgage obligations		$30 $— $(1)$29 $— 
Total available-for-sale
   securities		30 — (1)29 — 
Held-to-maturity
U.S. Agency residential
   mortgage-backed securities		48,218 710 (214)48,713 — 
Total investment securities$48,248 $710 $(215)$48,742 $— 
Accrued interest on available-for-sale securities was less than $1,000 at March 31, 2026 and December 31, 2025, and accrued interest on held-to-maturity securities was $210,000 and $219,000 at March 31, 2026 and December 31, 2025, respectively. Accrued interest on securities is excluded from the balances in the preceding tables of securities receivable, and is included in accrued interest receivable on the Company's consolidated balance sheets.
The amortized cost and fair value of debt securities at March 31, 2026, by contractual maturity, are shown below. Currently, the portfolio consists of mortgage-backed securities and collateralized mortgage obligations which are not due at a single maturity date. Expected maturities will differ from contractual maturities because issuers or the underlying borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
Available-for-SaleHeld-to-Maturity
Amortized
Cost		Fair
Value		Amortized
Cost		Fair
Value
(dollars in thousands; unaudited)
March 31, 2026
U.S. Agency residential mortgage-backed securities and collateralized mortgage obligations29 28 46,141 46,383 
$29 $28 $46,141 $46,383 
Investments in debt securities with an amortized cost of $42.2 million and $44.3 million were pledged for borrowing lines at March 31, 2026 and December 31, 2025, respectively.
During the three months ended March 31, 2026, no securities matured and no securities were purchased.
There were no sales of securities during the three months ended March 31, 2026 or 2025.
There were nine securities with a $308,000 unrealized loss as of March 31, 2026. There were eight securities with a $215,000 unrealized loss as of December 31, 2025. The following tables show the investments’ gross unrealized losses and fair values, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position for which an allowance for credit losses has not been recorded:
Less Than 12 Months12 Months or GreaterTotal
Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses
(dollars in thousands; unaudited)
March 31, 2026
Available-for-sale
U.S. Agency collateralized mortgage obligations$— $— $28 $1 $28 $1 
Total available-for-sale securities— — 28 1 28 1 
Held-to-maturity    
U.S. Agency residential mortgage-backed securities13,759 220 737 87 14,496 307 
Total investment securities$13,759 $220 $765 $88 $14,524 $308 
Less Than 12 Months12 Months or GreaterTotal
Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses
(dollars in thousands; unaudited)
December 31, 2025
Available-for-sale
U.S. Agency collateralized mortgage obligations$— $— $29 $1 $29 $1 
Total available-for-sale securities— — 29 1 29 1 
Held-to-maturity
U.S. Agency residential mortgage-backed securities5,039 95 8,228 119 13,267 214 
Total investment securities$5,039 $95 $8,257 $120 $13,296 $215 
Management has evaluated the above securities and does not believe that any individual unrealized loss as of March 31, 2026 will be recognized into income. Unrealized losses have not been recognized into income because management does not intend to sell and does not expect it will be required to sell the investments. The decline in fair value is largely due to changes in market conditions and interest rates, rather than credit quality. The fair value is expected to recover as the underlying securities in the portfolio approach maturity date and market conditions improve. Management believes there is a high probability of collecting all contractual amounts due, because all of the securities in the portfolio are backed by government agencies or government sponsored enterprises. However, a recovery in value may not occur for some time, if at all, and may be delayed for greater than the a one year time horizon or perhaps even until maturity. Based on management's analysis no allowance for credit losses was required on these securities.
v3.26.1
Loans and Allowance for Credit Losses
 3 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
Loans and Allowance for Credit Losses Loans and Allowance for Credit Losses
Loans Held for Sale
During the three months ended March 31, 2026, $3.33 billion in CCBX loans were transferred to loans held for sale, with $3.28 billion in loans sold, $2.63 billion of which was new activity on previously sold credit card receivables. These loans were sold back to partners at par. The Company sells CCBX loans to manage loan portfolio size by partner and by loan category. Partner loan limits are established and documented in the relevant partner agreement. There were $124.0 million loans held for sale as of March 31, 2026 and $71.2 million loans held for sale as of December 31, 2025.
Loans Held for Investment
The composition of the loan portfolio is as follows as of the periods indicated:
March 31,December 31,
20262025
(dollars in thousands; unaudited)
Community Bank
Commercial and industrial loans$235,603 $224,439 
Real estate loans:
Construction, land and land development loans234,911 222,075 
Residential real estate loans199,185 202,293 
Commercial real estate loans1,300,547 1,285,856 
Consumer and other loans:
Other consumer and other loans11,587 14,072 
Gross community bank loans receivable1,981,833 1,948,735 
CCBX
Commercial and industrial loans:
Capital call lines$176,384 $210,480 
All other commercial & industrial loans
21,792 19,166 
Real estate loans:
Residential real estate loans266,037 264,059 
Consumer and other loans:
Credit cards693,485 622,681 
Other consumer and other loans726,943 691,708 
Gross CCBX loans receivable1,884,641 1,808,094 
Total gross loans receivable3,866,474 3,756,829 
Net deferred origination fees and premiums(7,095)(7,298)
Loans receivable$3,859,379 $3,749,531 
Accrued interest on loans, which is excluded from the balances in the preceding table of loans receivable, was $18.3 million and $17.9 million at March 31, 2026 and December 31, 2025, respectively, and was included in accrued interest receivable on the Company's consolidated balance sheets. Accrued interest on loans is net of an allowance of $627,000 and $616,000 at March 31, 2026 and December 31, 2025, respectively.
Included in commercial and industrial loans as of March 31, 2026 and December 31, 2025, is $176.4 million and $210.5 million, respectively in capital call lines, provided to venture capital firms through one of our BaaS clients. These loans are secured by the capital call rights and are individually underwritten to the Bank’s credit standards by our BaaS client and the underwriting is reviewed by the Bank on every line/loan.
Consumer and other loans includes overdrafts of $27.5 million and $16.9 million at March 31, 2026 and December 31, 2025, respectively. Community bank overdrafts were $9,000 and $10,000 at March 31, 2026 and December 31, 2025, respectively and CCBX overdrafts were $27.4 million and $16.8 million at March 31, 2026 and December 31, 2025, respectively.
The Company, through the Bank, purchased loans from CCBX partners, at par, through agreements with those CCBX partners, and those loans had a remaining balance of $129.4 million as of March 31, 2026 and $134.9 million as of December 31, 2025. As of March 31, 2026, $127.6 million is included in consumer and other loans and $1.8 million is included in commercial and industrial loans, compared to $132.6 million in consumer and other loans and $2.3 million in commercial and industrial loans as of December 31, 2025.
The Company, through the Bank, at times purchases individual loans at fair value as of the acquisition date. The Company held purchased loans with remaining balances that totaled $4.4 million as of March 31, 2026 and December 31,
2025. Unamortized premiums on these loans totaled $83,000 and $84,000 as of March 31, 2026 and December 31, 2025, respectively, and are amortized into interest income over the life of the loans. These loans are included in the applicable loan category depending upon the collateral and purpose of the individual loan.
The Company, through the Bank, has purchased participation loans with remaining balances totaling $28.5 million and $26.9 million as of March 31, 2026 and December 31, 2025, respectively. These loans are included in the applicable loan category depending upon the collateral and purpose of the individual loan and are underwritten to the Bank's credit standards.
The balance of SBA and United States Department of Agriculture ("USDA") loans and participations sold and serviced for others totaled $2.3 million and $2.5 million at March 31, 2026 and December 31, 2025, respectively.
The gross balance of Main Street Lending Program (“MSLP”) loans participated and serviced for others, totaled $23.1 million at March 31, 2026 and December 31, 2025, with $1.2 million in MSLP loans on the balance sheet and included in commercial and industrial loans at March 31, 2026 and December 31, 2025. Servicing is retained on the gross balance.
The Company has pledged loans totaling $891.4 million at March 31, 2026 and $895.5 million at December 31, 2025, for borrowing lines at the FHLB and FRB. Loans are pledged to increase and maintain the borrowing capacity of the Bank for liquidity management purposes.
The following is a summary of the Company’s loan portfolio segments:
Commercial and industrial loans – Commercial and industrial loans are secured by business assets including inventory, receivables and machinery and equipment of businesses located generally in the Company’s primary market area and capital calls on venture and investment funds. Loan types include revolving lines of credit, term loans, and loans secured by liquid collateral such as cash deposits or marketable securities. Also included in commercial and industrial loans are loans to other financial institutions. Additionally, the Company issues letters of credit on behalf of its customers. Risk arises primarily due to the difference between expected and actual cash flows of the borrowers. In addition, the recoverability of the Company’s investment in these loans is also dependent on other factors primarily dictated by the type of collateral securing these loans. The fair value of the collateral securing these loans may fluctuate as market conditions change. In the case of loans secured by accounts receivable, the recovery of the Company’s investment is dependent upon the borrower’s ability to collect amounts due from its customers.
As of March 31, 2026, $235.6 million in community bank loans are included in commercial and industrial loans, compared to $224.4 million at December 31, 2025.
As of March 31, 2026, $198.2 million in loans originated through CCBX partners are included in commercial and industrial loans, compared to $229.6 million at December 31, 2025.
As of March 31, 2026, $176.4 million in CCBX capital call lines are included in commercial and industrial loans compared to $210.5 million at December 31, 2025. Capital call lines are provided to venture capital firms. These loans are secured by the capital call rights and are individually underwritten to the Bank’s credit standards and the underwriting is reviewed by the Bank on every line/loan.
Also included in commercial and industrial loans are $21.8 million in unsecured loans originated through CCBX partners as of March 31, 2026, compared to $19.2 million as of December 31, 2025.
Construction, land and land development loans – The Company originates loans for the construction of 1-4 family, multifamily, and CRE properties in the Company’s market area. Construction loans are considered to have higher risks due to construction completion and timing risk, the ultimate repayment being sensitive to interest rate changes, government regulation of real property and the availability of long-term financing. Additionally, economic conditions may impact the Company’s ability to recover its investment in construction loans, as adverse economic conditions may negatively impact the real estate market, which could affect the borrower’s ability to complete and sell the project. Additionally, the fair value of the underlying collateral may fluctuate as market conditions change. The Company occasionally originates land loans for the purpose of facilitating the ultimate construction of a home or commercial building. The primary risks include the borrower’s ability to pay and the inability of the Company to recover its investment due to a material decline in the fair value of the underlying collateral.
As of March 31, 2026, $234.9 million in community bank loans are included in construction, land and land development loans, compared to $222.1 million at December 31, 2025.
Residential real estate loans – Residential real estate includes various types of loans for which the Company holds real property as collateral. Included in this segment are first and second lien single family loans, occasionally purchased by the Company to diversify its loan portfolio, and rental portfolios secured by one-to-four family homes. The primary risks of residential real estate loans include the borrower’s inability to pay, material decreases in the value of the collateral, and significant increases in interest rates which may make the loan unprofitable.
As of March 31, 2026, $266.0 million in loans originated through CCBX partners are included in residential real estate loans, compared to $264.1 million at December 31, 2025. These home equity lines of credit are secured by residential real estate and are accessed by using a credit card. Home equity lines of credit are classified as residential real estate per regulatory guidelines.
Commercial real estate (includes owner occupied and non-owner occupied) loans – Commercial real estate loans include various types of loans for which the Company holds real property as collateral.
As of March 31, 2026, $1.30 billion in community bank loans are included in commercial real estate loans, compared to $1.29 billion at December 31, 2025.
We have commercial real estate loans totaling $375.5 million that are collateralized by owner-occupied real-estate and $552.0 million that are collateralized by non-owner-occupied real estate, as well as $359.1 million of multi-family residential loans and $14.0 million of farmland loans, as of March 31, 2026, compared to $374.7 million that are collateralized by owner-occupied real-estate and $531.1 million that are collateralized by non-owner-occupied real estate, as well as $367.9 million of multi-family residential loans and $12.2 million of farmland loans as of December 31, 2025. The primary risks of commercial real estate loans include the borrower’s inability to pay, material decreases in the value of the collateralized real estate and significant increases in interest rates, which may make the real estate loan unprofitable. Commercial real estate loans may be more adversely affected by conditions in the real estate markets or in the general economy.
Consumer and other loans – The community bank originates a limited number of consumer loans, generally for banking customers only, which consist primarily of lines of credit, saving account secured loans, and auto loans. CCBX originates consumer loans including credit cards, consumer term loans and secured and unsecured lines of credit. This loan category also includes overdrafts. Repayment of these loans is dependent on the borrower’s ability to pay and the fair value of the underlying collateral.
As of March 31, 2026, $11.6 million in community bank loans are included in consumer and other loans, compared to $14.1 million at December 31, 2025.
As of March 31, 2026, $1.42 billion in CCBX loans are included in consumer and other loans, compared to $1.31 billion at December 31, 2025.
The following chart breaks out our consumer loan portfolio by segment and type of loan as of March 31, 2026. The largest portion of our consumer portfolio is comprised of CCBX installment loans and credit card loans. These loans are further divided to show the total secured and unsecured amounts in each of these categories. The average overall outstanding consumer loan balance is small at $700.
(dollars in thousands; unaudited)Outstanding Balance
% of Total Outstanding Balance Consumer Loans
Average Loan BalanceNumber of Loans
CCBX consumer loans
Installment loans - cash secured$174,036 12.2 %
Installment loans - unsecured495,508 34.6 
Installment loans - total669,544 46.8 $0.7 1,026,896
Credit cards - cash secured398 0.0 
Credit cards - unsecured693,087 48.4 
Credit cards - total693,485 48.4 1.5 456,317
Lines of credit29,956 2.1 0.1 303,549
Other loans27,443 1.9 0.1 297,989
Community bank consumer loans
Lines of credit163 0.0 5.3 31
Installment loans1,088 0.1 43.5 25
Other loans10,336 0.7 28.2 366
Total$1,432,015 100.0 %$0.7 2,085,173
The following chart breaks out our consumer loan portfolio by segment and type of loan as of December 31, 2025. The largest portion of our consumer portfolio is comprised of CCBX installment loans and credit card loans. These loans are further divided to show the total secured and unsecured amounts in each of these categories. The average overall outstanding consumer loan balance is small at $809.
(dollars in thousands; unaudited)Outstanding Balance
% of Total Outstanding Balance Consumer Loans
Average Loan BalanceNumber of Loans
CCBX consumer loans
Installment loans - cash secured$162,072 12.2 %
Installment loans - unsecured502,767 37.8 
Installment loans - total664,839 50.0 $0.8 864,638
Credit cards - cash secured56 0.0 
Credit cards - unsecured622,625 46.9 
Credit cards - total622,681 46.9 1.4 435,236
Lines of credit10,027 0.8 0.1 89,736
Other loans16,842 1.3 0.1 252,381
Community bank consumer loans
Lines of credit140 0.0 4.5 31
Installment loans3,010 0.2 111.5 27
Other loans10,922 0.8 28.6 382
Total$1,328,461 100.0 %$0.8 1,642,431
Past Due and Nonaccrual Loans
The following tables illustrate an age analysis of past due loans as of the dates indicated:
30-89
Days Past
Due		90 Days
or More
Past Due		Total
Past Due		CurrentTotal
Loans		90 Days or
More Past
Due and
Still
Accruing
(dollars in thousands; unaudited)
March 31, 2026
Community Bank
Commercial and industrial
   loans		$500 $94 $594 $235,009 $235,603 $— 
Real estate loans:
Construction, land and
   land development
— — — 234,911 234,911 — 
Residential real estate— — — 199,185 199,185 — 
Commercial real estate106 4,344 4,450 1,296,097 1,300,547 — 
Consumer and other loans2 — 2 11,585 11,587 — 
Total community bank$608 $4,438 $5,046 $1,976,787 $1,981,833 $— 
CCBX
Commercial and industrial loans:
Capital call lines$— $— $— $176,384 $176,384 $— 
All other commercial &
   industrial loans
1,005 604 1,609 20,183 21,792 604 
Real estate loans:
Residential real
   estate loans		2,469 2,241 4,710 $261,327 $266,037 2,241 
Consumer and other loans:
Credit cards28,977 29,437 58,414 $635,071 $693,485 24,149 
Other consumer and
   other loans		47,088 8,238 55,326 671,617 726,943 8,205 
Total CCBX $79,539 $40,520 $120,059 $1,764,582 $1,884,641 $35,199 
Total consolidated$80,147 $44,958 $125,105 $3,741,369 3,866,474 $35,199 
Less net deferred
   origination fees and
   premiums
(7,095)
Loans receivable$3,859,379 
30-89
Days Past
Due		90 Days
or More
Past Due		Total
Past Due		CurrentTotal
Loans		90 Days or
More Past
Due and
Still
Accruing
(dollars in thousands; unaudited)
December 31, 2025
Community Bank
Commercial and industrial
   loans		$150 $2,070 $2,220 $222,219 $224,439 $— 
Real estate loans:
Construction, land and
   land development
— — — 222,075 222,075 — 
Residential real estate286 — 286 202,007 202,293 — 
Commercial real estate107 4,344 4,451 1,281,405 1,285,856 — 
Consumer and other loans1 — 1 14,071 14,072 — 
Total community bank$544 $6,414 $6,958 $1,941,777 $1,948,735 $— 
CCBX
Commercial and industrial loans:
Capital call lines$— $— $— $210,480 $210,480 $— 
All other commercial &
   industrial loans
1,075 654 1,729 17,437 19,166 654 
Real estate loans:
Residential real
   estate loans		3,125 1,961 5,086 $258,973 $264,059 $1,961 
Consumer and other loans:
Credit cards27,752 26,632 54,384 $568,297 $622,681 $22,536 
Other consumer and
   other loans		38,187 8,078 46,265 $645,443 $691,708 $7,993 
Total CCBX70,139 37,325 107,464 1,700,630 1,808,094 33,144 
Total consolidated70,683 43,739 114,422 3,642,407 3,756,829 33,144 
Less net deferred
   origination fees and
   premiums
(7,298)
Loans receivable$3,749,531 
There were $35.2 million in CCBX loans past due 90 days or more and still accruing interest as of March 31, 2026, and $33.1 million as of December 31, 2025. This is attributed to loans originated through CCBX lending partners which continue to accrue interest up to 180 days past due. As of March 31, 2026 and December 31, 2025, $34.2 million and $30.9 million, respectively of loans past due 90 days or more and still accruing interest are covered by credit enhancements provided by our CCBX partners that protect the Bank against losses.
The accrual of interest on community bank loans is discontinued when, in management’s opinion, the borrower may be unable to meet payments as they become due or when they are 90 days past due as to either principal or interest, unless they are well secured and in the process of collection.  Installment/closed-end, and revolving/open-end consumer loans originated through CCBX lending partners typically continue to accrue interest until 120 and 180 days past due, respectively and an allowance is recorded through provision expense for these expected losses. Certain CCBX partners employ collection practices that place specific loans on nonaccrual status to enhance collectability. As of March 31, 2026, $22.3 million of these nonaccrual CCBX loans were less than 90 days past due, compared to $20.3 million as of December 31, 2025. For installment/closed-end and revolving/open-end consumer loans originated through CCBX lending partners with balances outstanding beyond 120 days and 180 days past due, respectively, principal and capitalized interest outstanding is charged off against the allowance and accrued interest outstanding is reversed against interest income. These consumer loans are reported as nonperforming/substandard, 90 days or more days past due and still accruing.
When loans are placed on nonaccrual status, all accrued interest is reversed from current period earnings. Payments received on nonaccrual loans are generally applied as a reduction to the loan principal balance. If the likelihood of further loss is removed, the Company will recognize interest on a cash basis only. Loans may be returned to accruing status if the Company believes that all remaining principal and interest is fully collectible and there has been at least six months of sustained repayment performance since the loan was placed on nonaccrual.
An analysis of nonaccrual loans by category consisted of the following at the periods indicated:
March 31,December 31,
20262025
Total NonaccrualNonaccrual with No ACLNonaccrual with
ACL		Total NonaccrualNonaccrual with No ACLNonaccrual with
ACL
(dollars in thousands; unaudited)
Community Bank
Commercial and industrial
   loans		$170 $76 $94 $2,151 $2,058 $93 
Real estate loans:
Residential real estate314 314 — 38 38 — 
Commercial real estate4,344 4,344 — 4,344 4,344 — 
Total community bank
   nonaccrual loans		$4,828 $4,734 $94 $6,533 $6,440 $93 
CCBX
Commercial and industrial
   loans		$81 $— $81 $127 $— $127 
Consumer and other loans:
Credit cards24,497 — 24,497 21,433 — 21,433 
Consumer and other
   consumer loans		3,015 — 3,015 2,875 — 2,875 
Total CCBX nonaccrual loans$27,593 $— $27,593 $24,435 $— $24,435 
Total consolidated nonaccrual
   loans		$32,421 $4,734 $27,687 $30,968 $6,440 $24,528 
In some circumstances, the Company modifies loans in response to borrower financial difficulty, and generally provides for a temporary modification of loan repayment terms. In order for a modified loan to be considered for accrual status, the loan’s collateral coverage generally will be greater than or equal to 100% of the loan balance, the loan is current on payments, and the borrower must either prefund an interest reserve or demonstrate the ability to make payments from a verified source of cash flow for an extended period of time, usually at least six months in duration.
There were no modified loans for community bank borrowers experiencing financial difficulty at March 31, 2026 and December 31, 2025.
The following tables present the CCBX loans at March 31, 2026 and December 31, 2025 that were both experiencing financial difficulty and were modified in the twelve months previous to the dates presented by class and by type of modification. The percentage of the loans that were modified to borrowers in financial distress as compared to the total CCBX loans of each class is also presented below.
March 31, 2026Principal ForgivenessTerm ExtensionInterest Rate ReductionPrincipal Forgiveness & Payment DelayInterest Rate Reduction & Payment DelayPrincipal Forgiveness Payment Delay & Term ExtensionTotalTotal Class of Financing Receivable
(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:
All other commercial & industrial loans
$— $609 $— $18 $— $— $627 2.88 %
Consumer and other loans:
Credit cards13,526 — 32,489 — 2,302 — 48,317 6.97 
Other consumer and other loans— 2,994 — 2,410 — 32 5,436 0.75 
Total $13,526 $3,603 $32,489 $2,428 $2,302 $32 $54,380 1.41 %
December 31, 2025Principal ForgivenessTerm ExtensionInterest Rate ReductionPrincipal Forgiveness & Payment DelayInterest Rate Reduction & Payment DelayPrincipal Forgiveness, Payment Delay & Term ExtensionTotalTotal Class of Financing Receivable
(dollars in thousands)
CCBX
Commercial and industrial loans:
All other commercial & industrial loans
$— $763 $— $4 $— $— $767 4.00 %
Consumer and other loans:
Credit cards13,780 — 32,566 — 685 — 47,031 7.55 
Other consumer and other loans— 4,087 — 832 — 15 4,934 0.71 
Total $13,780 $4,850 $32,566 $836 $685 $15 $52,732 1.41 %
The Company has committed to lend additional amounts totaling $23,000 to the borrowers included in the table above as of March 31, 2026.
The performance of loans modified is monitored to understand the effectiveness of the modification efforts. The following tables present the performance of such loans that have been modified in the last 12 months previous to the dates presented:
March 31, 202630-89
Days Past
Due		90 Days
or More
Past Due		Total Past Due
(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:
All other commercial & industrial loans
$103 $26 $129 
Consumer and other loans:
Credit cards8,280 8,153 16,433 
Other consumer and other loans569 100 669 
Total CCBX$8,952 $8,279 $17,231 
December 31, 202530-89
Days Past
Due		90 Days
or More
Past Due		Total Past Due
(dollars in thousands)
CCBX
Commercial and industrial loans:
All other commercial & industrial loans
$199 $28 $227 
Consumer and other loans:
Credit cards8,403 7,114 15,517 
Other consumer and other loans745 321 1,066 
Total CCBX$9,347 $7,463 $16,810 
The following tables present the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the preceding 12 months as of the dates indicated:
March 31, 2026Principal ForgivenessWeighted Average Interest Rate ReductionWeighted Average Term Extension (years)
(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:
All other commercial & industrial loans
$218 — %2.4
Consumer and other loans:
Credit cards9,291 14.1 n/a
Other consumer and other loans7,644 — 2.0
Total CCBX$17,153 14.1 %2.1
December 31, 2025Principal ForgivenessWeighted Average Interest Rate ReductionWeighted Average Term Extension (years)
(dollars in thousands)
CCBX
Commercial and industrial loans:
All other commercial & industrial loans
$224 — %2.0
Consumer and other loans:
Credit cards9,062 14.4 n/a
Other consumer and other loans5,904 — 2.0
Total CCBX$15,190 14.4 %2.0
The following tables present the total of loans that had a payment default during the preceding 12 months and which were modified for borrowers experiencing financial difficulty in the twelve months prior to that default.
March 31, 2026Principal ForgivenessTerm ExtensionInterest Rate ReductionPrincipal Forgiveness & Payment DelayInterest Rate Reduction & Payment DelayPrincipal Forgiveness, Payment Delay & Term ExtensionTotal
(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:
All other commercial & industrial loans
$— $137 $— $— — $— $137 
Consumer and other loans:
Credit cards11,987 — 21,457 — 521 — 33,965 
Other consumer and other loans— 669 — 263 — 15 947 
Total$11,987 $806 $21,457 $263 $521 $15 $35,049 
December 31, 2025Principal ForgivenessTerm ExtensionInterest Rate ReductionPrincipal Forgiveness & Payment DelayInterest Rate Reduction & Payment DelayPrincipal Forgiveness, Payment Delay & Term ExtensionTotal
(dollars in thousands)
CCBX
Commercial and industrial loans:
All other commercial & industrial loans
$— $628 $— $4 $— $— $632 
Consumer and other loans:
Credit cards12,339 — 21,798 — 204 — 34,341 
Other consumer and other loans— 3,267 — 640 — 15 3,922 
Total$12,339 $3,895 $21,798 $644 $204 $15 $38,895 
Upon the Company’s determination that a modified loan (or portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is charged-off against the allowance for credit losses. Therefore, the loan balance is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount.
Credit Quality and Credit Risk
Federal regulations require that the Company periodically evaluate the risks inherent in its loan portfolio. In addition, the Company’s regulatory agencies have authority to identify problem loans and, if appropriate, require them to be reclassified. The Company establishes loan grades for loans at the origination of the loan. Changes to community bank loan grades are considered at the time new information about the performance of a loan becomes available, including the receipt of updated financial information from the borrower and after loan reviews. For consumer loans, the Bank follows the Federal Financial Institutions Examination Council’s Uniform Retail Credit Classification and Account Management Policy for subsequent classification in the event of payment delinquencies or default. Typically, an individual loan grade will not be changed from the prior period unless there is a specific indication of credit deterioration or improvement. Credit deterioration is evidenced by delinquency, direct communications with the borrower or other borrower information that becomes known to management. Credit improvements are evidenced by known facts regarding the borrower or the collateral property. The Company classifies some loans as Watch or Other Loans Especially Mentioned (“OLEM”). Loans classified as Watch are performing assets but have elements of risk that require more monitoring than other performing loans and are reported in the OLEM column in the following table. Loans classified as OLEM are assets that continue to perform but have shown deterioration in credit quality and require close monitoring. There are three classifications for problem loans: Substandard, Doubtful, and Loss. Substandard loans have one or more defined weaknesses and are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Revolving (open-ended loans, such as credit cards) and installment (closed end) consumer loans originated through CCBX partners typically continue to accrue interest until they are charged-off at 120 days past due for installment loans (primarily unsecured loans to consumers) and 180 days past due for revolving loans (primarily credit cards) and are classified as substandard once they are 90 days past due. CCBX partners may place certain loans on nonaccrual status prior to achieving these past due timelines. Doubtful loans have the weaknesses of loans classified as Substandard, with additional characteristics that suggest the weaknesses make collection or recovery in full after liquidation of collateral questionable on the basis of currently existing facts, conditions, and values. There is a high possibility of loss in loans classified as Doubtful. A loan classified as Loss is considered uncollectible and of such little value that continued classification of the credit as a loan is not warranted. If a loan or a portion thereof is classified as Loss, it must be charged-off, meaning the amount of the loss is charged against the allowance for credit losses, thereby reducing that reserve.
Management considers the guidance in ASC 310-20 when determining whether a modification, extension, or renewal of loan constitutes a current period origination.
The following tables show the risk category of community bank loans by year of origination for the periods indicated, based on the most recent analysis performed as of each period end:
Term Loans Amortized Cost Basis by Origination Year
Community Bank20262025202420232022PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of March 31, 2026
Commercial and industrial loans
Risk rating
Pass$21,360 $115,178 $6,956 $8,296 $32,986 $17,499 $29,480 $2,209 $233,964 
Other Loan Especially Mentioned45 — — — 49 1,215 159 — 1,468 
Substandard— — — 16 — — 155 — 171 
Doubtful— — — — — — — — — 
Total commercial and industrial loans - All
   other commercial and industrial loans		$21,405 $115,178 $6,956 $8,312 $33,035 $18,714 $29,794 $2,209 $235,603 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Term Loans Amortized Cost Basis by Origination Year
Community Bank20262025202420232022PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of March 31, 2026
Real estate loans - Construction, land and land
development loans
Risk rating
Pass$3,872 $115,782 $39,206 $61,474 $6,774 $4,058 $3,502 $— $234,668 
Other Loan Especially Mentioned— — — — — 243 — — 243 
Substandard— — — — — — — — — 
Doubtful— — — — — — — — — 
Total real estate loans - Construction, land
   and land development loans		$3,872 $115,782 $39,206 $61,474 $6,774 $4,301 $3,502 $— $234,911 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Real estate loans - Residential real estate loans
Risk rating
Pass$3,882 $16,982 $10,032 $24,500 $27,704 $80,583 $33,132 $410 $197,225 
Other Loan Especially Mentioned— — — — — — 266 — 266 
Substandard— — 1,381 — 276 — 37 — 1,694 
Doubtful— — — — — — — — — 
Total real estate loans - Residential real
   estate loans		$3,882 $16,982 $11,413 $24,500 $27,980 $80,583 $33,435 $410 $199,185 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Real estate loans - Commercial real estate loans
Risk rating
Pass$59,131 $94,566 $44,995 $235,126 $262,134 $563,705 $9,321 $1,773 $1,270,751 
Other Loan Especially Mentioned— — 15,393 — 5,563 4,496 — — 25,452 
Substandard— — — — 344 4,000 — — 4,344 
Doubtful— — — — — — — — — 
Total real estate loans - Commercial real
   estate loans		$59,131 $94,566 $60,388 $235,126 $268,041 $572,201 $9,321 $1,773 $1,300,547 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Term Loans Amortized Cost Basis by Origination Year
Community Bank20262025202420232022PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of March 31, 2026
Consumer and other loans - Other consumer and
other loans
Risk rating
Pass$398 $282 $89 $28 $7,243 $2,906 $641 $— $11,587 
Other Loan Especially Mentioned— — — — — — — — — 
Substandard— — — — — — — — — 
Doubtful— — — — — — — — — 
Total consumer and other loans - Other
   consumer and other loans		$398 $282 $89 $28 $7,243 $2,906 $641 $— $11,587 
Year-to-date gross charge-offs$2 $— $— $— $— $— $— $— $2 
Total community bank loans receivable
Risk rating
Pass$88,643 $342,790 $101,278 $329,424 $336,841 $668,751 $76,076 $4,392 $1,948,195 
Other Loan Especially Mentioned45 — 15,393 — 5,612 5,954 425 — 27,429 
Substandard— — 1,381 16 620 4,000 192 — 6,209 
Doubtful— — — — — — — — — 
Total community bank loans$88,688 $342,790 $118,052 $329,440 $343,073 $678,705 $76,693 $4,392 $1,981,833 
Year-to-date gross charge-offs$2 $— $— $— $— $— $— $— $2 
Term Loans Amortized Cost Basis by Origination Year
Community Bank20252024202320222021PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of December 31, 2025
Commercial and industrial loans
Risk rating
Pass$131,644 $8,897 $33,940 $10,279 $2,389 $5,363 $25,929 $2,256 $220,697 
Other Loan Especially Mentioned— — — — 1,216 — 375 — 1,591 
Substandard— 16 — 1,961 — — 174 — 2,151 
Doubtful— — — — — — — — — 
Total commercial and industrial loans - All
   other commercial and industrial loans		$131,644 $8,913 $33,940 $12,240 $3,605 $5,363 $26,478 $2,256 $224,439 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Real estate loans - Construction, land and land
development loans
Risk rating
Pass$139,810 $67,584 $6,838 $1,715 $239 $1,732 $3,502 $— $221,420 
Other Loan Especially Mentioned— — — 655 — — — — 655 
Substandard— — — — — — — — — 
Doubtful— — — — — — — — — 
Total real estate loans - Construction, land
   and land development loans		$139,810 $67,584 $6,838 $2,370 $239 $1,732 $3,502 $— $222,075 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Term Loans Amortized Cost Basis by Origination Year
Community Bank20252024202320222021PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of December 31, 2025
Real estate loans - Residential real estate loans
Risk rating
Pass$28,581 $24,678 $35,211 $34,525 $23,262 $25,146 $28,270 $414 $200,087 
Other Loan Especially Mentioned— — 286 — — — 501 — 787 
Substandard1,381 — — — — — 38 — 1,419 
Doubtful— — — — — — — — — 
Total real estate loans - Residential real
   estate loans		$29,962 $24,678 $35,497 $34,525 $23,262 $25,146 $28,809 $414 $202,293 
Year-to-date gross charge-offs$— $— $— $— $— $13 $— $— $13 
Real estate loans - Commercial real estate loans
Risk rating
Pass$138,619 $259,048 $263,101 $209,646 $98,897 $273,109 $10,005 $1,788 $1,254,213 
Other Loan Especially Mentioned15,374 — 5,593 1,302 3,243 1,787 — — 27,299 
Substandard— — 344 — 4,000 — — — 4,344 
Doubtful— — — — — — — — — 
Total real estate loans - Commercial real
   estate loans		$153,993 $259,048 $269,038 $210,948 $106,140 $274,896 $10,005 $1,788 $1,285,856 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Term Loans Amortized Cost Basis by Origination Year
Community Bank20252024202320222021PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of December 31, 2025
Consumer and other loans - Other consumer and
other loans
Risk rating
Pass$2,526 $32 $7,394 $— $206 $2,710 $1,204 $— $14,072 
Other Loan Especially Mentioned— — — — — — — — — 
Substandard— — — — — — — — — 
Doubtful— — — — — — — — — 
Total consumer and other loans - Other
   consumer and other loans		$2,526 $32 $7,394 $— $206 $2,710 $1,204 $— $14,072 
Year-to-date gross charge-offs$29 $15 $— $— $— $— $— $— $44 
Total community bank loans receivable
Risk rating
Pass$441,180 $360,239 $346,484 $256,165 $124,993 $308,060 $68,910 $4,458 $1,910,489 
Other Loan Especially Mentioned15,374 — 5,879 1,957 4,459 1,787 876 — 30,332 
Substandard1,381 16 344 1,961 4,000 — 212 — 7,914 
Doubtful— — — — — — — — — 
Total community bank loans$457,935 $360,255 $352,707 $260,083 $133,452 $309,847 $69,998 $4,458 $1,948,735 
Year-to-date gross charge-offs$29 $15 $— $— $— $13 $— $— $57 
The Company considers the performance of the CCBX loan portfolio and its impact on the allowance for credit losses. For CCBX loans, the Company also evaluates credit quality based on the aging status of the loan, which was previously presented, and by payment activity. The following tables present the loans in CCBX based on payment activity for the periods indicated:
Term Loans Amortized Cost Basis by Origination Year
CCBX20262025202420232022PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of March 31, 2026
Commercial and industrial loans - Capital
call lines
Payment performance
Performing$— $— $— $— $— $— $176,384 $— $176,384 
Nonperforming— — — — — — — — — 
Total commercial and industrial loans - Capital
   call lines		$— $— $— $— $— $— $176,384 $— $176,384 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Commercial and industrial loans - All other
commercial and industrial loans
Payment performance
Performing$— $— $9,570 $1,519 $— $2 $10,016 $— $21,107 
Nonperforming— — 317 31 — — 337 — 685 
Total commercial and industrial loans - All
   other commercial and industrial loans		$— $— $9,887 $1,550 $— $2 $10,353 $— $21,792 
Year-to-date gross charge-offs$— $— $732 $135 $— $— $279 $— $1,146 
Real estate loans - Residential real estate loans
Payment performance
Performing$— $— $— $— $— $— $262,105 $1,691 $263,796 
Nonperforming— — — — — — 2,241 — 2,241 
Total real estate loans - Residential real estate
   loans		$— $— $— $— $— $— $264,346 $1,691 $266,037 
Year-to-date gross charge-offs$— $— $— $— $— $— $705 $— $705 
Term Loans Amortized Cost Basis by Origination Year
CCBX20262025202420232022PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of March 31, 2026
Consumer and other loans - Credit cards
Payment performance
Performing$— $— $— $— $— $— $644,813 $26 $644,839 
Nonperforming— — — — — — 48,646 — 48,646 
Total consumer and other loans - Credit cards$— $— $— $— $— $— $693,459 $26 $693,485 
Year-to-date gross charge-offs$— $— $— $— $— $— $25,465 $— $25,465 
Consumer and other loans - Other consumer
and other loans
Payment performance
Performing$194,706 $278,929 $136,795 $61,917 $18,080 $699 $24,597 $— $715,723 
Nonperforming879 3,706 3,822 1,986 494 49 284 — 11,220 
Total consumer and other loans - Other
   consumer and other loans		$195,585 $282,635 $140,617 $63,903 $18,574 $748 $24,881 $— $726,943 
Year-to-date gross charge-offs$18 $8,672 $8,267 $4,283 $903 $124 $4,938 $— $27,205 
Total CCBX loans receivable
Payment performance
Performing$194,706 $278,929 $146,365 $63,436 $18,080 $701 $1,117,915 $1,717 $1,821,849 
Nonperforming879 3,706 4,139 2,017 494 49 51,508 — 62,792 
Total CCBX loans$195,585 $282,635 $150,504 $65,453 $18,574 $750 $1,169,423 $1,717 $1,884,641 
Year-to-date gross charge-offs$18 $8,672 $8,999 $4,418 $903 $124 $31,387 $— $54,521 
Term Loans Amortized Cost Basis by Origination Year
CCBX20252024202320222021PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of December 31, 2025
Commercial and industrial loans - Capital call lines
Payment performance
Performing$— $— $— $— $— $— $210,480 $— $210,480 
Nonperforming— — — — — — — — — 
Total commercial and industrial loans - Capital
   call lines		$— $— $— $— $— $— $210,480 $— $210,480 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Commercial and industrial loans - All other
commercial and industrial loans
Payment performance
Performing$— $15 $11,546 $1,903 $— $2 $4,919 $— $18,385 
Nonperforming— — 364 85 — — 332 — 781 
Total commercial and industrial loans - All other
    commercial and industrial loans		$— $15 $11,910 $1,988 $— $2 $5,251 $— $19,166 
Year-to-date gross charge-offs$— $18 $5,164 $817 $4 $4 $816 $— $6,823 
Real estate loans - Residential real estate loans
Payment performance
Performing$— $— $— $— $— $— $260,146 $1,952 $262,098 
Nonperforming— — — — — — 1,961 — 1,961 
Total real estate loans - Residential real estate
   loans		$— $— $— $— $— $— $262,107 $1,952 $264,059 
Year-to-date gross charge-offs$— $— $— $— $— $— $4,923 $— $4,923 
Term Loans Amortized Cost Basis by Origination Year
CCBX20252024202320222021PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of December 31, 2025
Consumer and other loans - Credit cards
Payment performance
Performing$— $— $— $— $— $— $578,684 $28 $578,712 
Nonperforming— — — — — — 43,969 — 43,969 
Total consumer and other loans - Credit cards$— $— $— $— $— $— $622,653 $28 $622,681 
Year-to-date gross charge-offs$— $— $— $— $— $— $109,468 $— $109,468 
Consumer and other loans - Other consumer and other
loans
Payment performance
Performing$393,010 $168,728 $75,052 $22,104 $874 $89 $20,983 $— $680,840 
Nonperforming2,336 3,870 3,416 818 126 10 292 — 10,868 
Total consumer and other loans - Other
   consumer and other loans		$395,346 $172,598 $78,468 $22,922 $1,000 $99 $21,275 $— $691,708 
Year-to-date gross charge-offs$9,522 $36,940 $23,660 $7,840 $734 $2 $17,220 $— $95,918 
Total CCBX loans receivable
Payment performance
Performing$393,010 $168,743 $86,598 $24,007 $874 $91 $1,075,212 $1,980 $1,750,515 
Nonperforming2,336 3,870 3,780 903 126 10 46,554 — 57,579 
Total CCBX loans$395,346 $172,613 $90,378 $24,910 $1,000 $101 $1,121,766 $1,980 $1,808,094 
Year-to-date gross charge-offs$9,522 $36,958 $28,824 $8,657 $738 $6 $132,427 $— $217,132 
Allowance for Credit Losses ("ACL")
CCBX loans have a higher level of expected losses than our community bank loans, which is reflected in the factors for the allowance for credit losses. Agreements with our CCBX partners provide for a credit enhancement which protects the Bank by reimbursing most losses. In accordance with accounting guidance, we estimate and record a provision for expected losses for these CCBX loans, reclassified negative deposit accounts and accrued interest receivable on CCBX loans, while actual losses are recognized as incurred. When the provision for CCBX credit losses and provision for unfunded commitments are recorded, a credit enhancement asset is also recorded on the balance sheet through noninterest income (BaaS credit enhancements). The credit enhancement asset is reduced when credit enhancement payments are received from the CCBX partner or taken from the partner's cash reserve account. CCBX partners provide for credit enhancements that provide protection to the Bank from credit and fraud losses by reimbursing the Bank for the losses. If the partner is unable to fulfill its contracted obligations then the Bank could be exposed to the loss of the reimbursement and credit enhancement income. In accordance with the program agreement for one CCBX partner, the Company is responsible for credit losses on approximately 5% of a $324.0 million loan portfolio that are without credit enhancement reimbursements. At March 31, 2026, 5% of this portfolio represented $22.0 million in loans. The partner is responsible for reimbursing credit losses on approximately 95% of this portfolio and for fraud losses on 100% of this portfolio. The Company earns 100% of the interest income on the aforementioned $22.0 million of loans.
The following tables summarize the allocation of the ACL, as well as the activity in the ACL attributed to various segments in the loan portfolio, as of and for the three months ended March 31, 2026 and for the three months ended March 31, 2025:
Commercial
and
Industrial 		Construction,
Land, and
Land
Development		Residential
Real
Estate 		Commercial
Real Estate 		Consumer
and Other		Total
(dollars in thousands; unaudited)
Three Months Ended March 31, 2026
ACL balance, December 31, 2025
$8,757 $6,580 $11,100 $5,496 $137,597 $169,530 
Provision for credit losses or (recapture)(45)(479)(1,909)514 54,403 52,484 
8,712 6,101 9,191 6,010 192,000 222,014 
Loans charged-off(1,146)— (705)— (52,672)(54,523)
Recoveries of loans previously charged-off162 — 12 — 4,762 4,936 
Net charge-offs(984)— (693)— (47,910)(49,587)
ACL balance, March 31, 2026
$7,728 $6,101 $8,498 $6,010 $144,090 $172,427 
      
Three Months Ended March 31, 2025      
ACL balance, December 31, 2024$11,051 $3,439 $12,250 $8,456 $141,798 $176,994 
Provision for credit losses or (recapture)566 1,092 2,796 (350)50,280 54,384 
 11,617 4,531 15,046 8,106 192,078 231,378 
Loans charged-off(1,907)— (1,605)— (50,174)(53,686)
Recoveries of loans previously charged-off356 — 2 4 5,124 5,486 
Net (charge-offs) recoveries(1,551)— (1,603)4 (45,050)(48,200)
ACL Balance, March 31, 2025
$10,066 $4,531 $13,443 $8,110 $147,028 $183,178 
There was a provision recapture for unfunded commitments of $1.3 million for the three months ended March 31, 2026, compared to a provision for unfunded commitments of $613,000 for the three months ended March 31, 2025. There was a provision for accrued interest receivable on CCBX loans of $11,000 for the three months ended March 31, 2026, compared to $784,000 for the three months ended March 31, 2025, and a provision for accounts receivable of $252,000 for the months ended March 31, 2026 with no such provision for the three months ended March 31, 2025.
The following tables present the collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related ACL allocated to these loans as of the dates indicated:
Real EstateBusiness AssetsTotalACL
(dollars in thousands; unaudited)
March 31, 2026
Commercial and industrial loans$— $94 $94 $94 
Real estate loans:
Residential real estate37 — 37 — 
Commercial real estate4,344 — 4,344 — 
Total$4,381 $94 $4,475 $94 
Real EstateBusiness AssetsTotalACL
(dollars in thousands; unaudited)
December 31, 2025
Commercial and industrial loans$— $190 $190 $93 
Real estate loans:
Residential real estate$39 $— $39 $— 
Commercial real estate4,344 — 4,344 — 
Total$4,383 $190 $4,573 $93 
v3.26.1
Deposits
 3 Months Ended
Mar. 31, 2026
Deposits [Abstract]  
Deposits Deposits
The composition of consolidated deposits consisted of the following at the periods indicated:
March 31,
2026		December 31,
2025
(dollars in thousands; unaudited)
Demand, noninterest bearing$579,161 $579,616 
Interest bearing demand and money market4,128,511 3,450,679 
Savings321,295 101,616 
Total core deposits5,028,967 4,131,911 
Other deposits1 1 
Time deposits less than $250,0008,121 8,229 
Time deposits $250,000 and over4,075 4,058 
Total deposits$5,041,164 $4,144,199 
The following table presents the maturity distribution of time deposits as of March 31, 2026:
(dollars in thousands; unaudited)As of March 31, 2026
Twelve months$9,235 
One to two years1,620 
Two to three years555 
Three to four years180 
Four to five years606 
$12,196 
Included in total deposits is $462.5 million in reciprocal deposit accounts as of March 31, 2026, compared to $460.3 million at December 31, 2025, which provides our customers with fully insured deposits through an exchange of deposits with other financial institutions.
v3.26.1
Leases
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Leases Leases
The Company has committed to rent premises and equipment used in business operations under non-cancelable operating and finance leases and determines if an arrangement meets the definition of a lease upon inception.
Operating and finance lease right-of-use (“ROU”) assets represent a right to use an underlying asset for the contractual lease term. Lease liabilities represent an obligation to make lease payments arising from the lease. A lease ROU asset and lease liability will be recognized for any new leases at the commencement of the new lease.
The Company’s leases do not provide an implicit interest rate, therefore the Company used its incremental collateralized borrowing rates commensurate with the underlying lease terms to determine the present value of operating and finance lease liabilities. The weighted average discount rate as of March 31, 2026 was 4.00% for operating leases and 4.75% for finance leases and is based off the discount rate at the time the lease is originated or renewed.
The Company’s operating lease agreements contain both lease and non-lease components, which are generally accounted for separately. The Company’s lease agreements do not contain any residual value guarantees.
Leases with terms of 12 months or less are not included in ROU assets and lease liabilities recorded in the Company’s consolidated balance sheet. Operating lease terms include options to extend when it is reasonably certain that the Company will exercise such options, determined on a lease-by-lease basis. At March 31, 2026, lease expiration dates ranged from 1 year to 19 years, with additional renewal options on certain leases typically ranging from 12 months to 10 years. At March 31, 2026, the weighted average remaining lease term inclusive of renewal options that the Company is reasonably certain to renew for the Company’s operating leases was 7.2 years. The weighted average remaining lease term for the Company's finance lease was six months. The Company had zero operating leases that had not yet commenced as of March 31, 2026.
Rental expense for operating leases is recognized on a straight-line basis over the lease term and amounted to $350,000 for the three months ended March 31, 2026 and $291,000 for the three months ended March 31, 2025. Variable lease components, such as inflation adjustments, are expensed as incurred and not included in ROU assets and operating lease liabilities.
Amortization expense for finance leases is recognized on a straight-line basis over the lease term and amounted to $9,000 for each of the three months ended March 31, 2026 and 2025. Interest on finance leases was $1,000 for each of the three months ended March 31, 2026 and 2025.
The following table presents the minimum annual lease payments under the terms of these leases, inclusive of renewal options that the Company is reasonably certain to renew, at March 31, 2026:
OperatingFinance
(dollars in thousands; unaudited)March 31,
2026		March 31,
2026
 April 1 to December 31, 2026
$945 $18 
20271,136 — 
2028716 — 
2029459 — 
2030413 — 
2031 and thereafter
1,869 — 
Total lease payments5,538 18 
Less: amounts representing interest756 — 
Present value of lease liabilities$4,782 $18 
The following table presents the components of total lease expense, including finance lease costs and operating cash flows for the three months ended March 31, 2026 and 2025:
Three Months Ended
March 31,
2026		March 31,
2025
(dollars in thousands; unaudited)
Lease expense:
Operating lease expense (1)
$310 $251 
Variable lease expense109 99 
Finance lease cost
Right-of-use amortization (2)
9 9 
Interest expense (3)
— 1 
Total lease expense$428 $360 
Cash paid:  
Cash paid from operating leases$423 $354 
Cash paid from finance leases$9 $9 
(1)Included in net occupancy expense and in the Condensed Consolidated Statements of Income (unaudited).
(2)Included in other expense in the Condensed Consolidated Statements of Income (unaudited).
(3)Included in interest on borrowed funds Condensed Consolidated Statements of Income (unaudited).
v3.26.1
Stock-Based Compensation
 3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation
Stock Options and Restricted Stock
The 2018 Coastal Financial Corporation Omnibus Plan (the "2018 Plan") authorizes the Company to grant awards, including but not limited to, stock options, restricted stock units, and restricted stock awards, to eligible employees, directors or individuals that provide service to the Company, up to an aggregate of 500,000 shares of common stock. On May 24, 2021, the Company’s shareholders approved the First Amendment to the 2018 Plan, which increased the authorized plan shares by 600,000. On May 28, 2025, the Company's shareholders approved the Second Amendment to the 2018 Plan which increased the authorized plan shares by 600,000. The 2018 Plan replaced the 2006 Plan for new awards. Existing awards will vest under the terms granted and no further awards will be granted under these prior plans. Shares available to be granted under the 2018 plan were 654,230 at March 31, 2026.
Stock Option Awards
The fair value of each option award is estimated on the date of grant using the Black-Scholes option pricing model. Expected volatilities are based on historical volatility of the Company’s stock and other factors. The Company uses the vesting term and contractual life to determine the expected life. The risk-free interest rate for periods within the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of grant. Compensation expense related to unvested stock option awards is reversed at date of forfeiture.
There were no new stock options granted in the three months ended March 31, 2026 and 2025.
A summary of stock option activity under the 2018 Plan and 2006 Plan during the three months ended March 31, 2026:
OptionsNumber of Shares Weighted-
Average
Exercise
Price		Weighted-
Average
Remaining
Contractual
Term (Years)		Aggregate
Intrinsic Value
(dollars in thousands, except per share amounts; unaudited)
Outstanding at December 31, 2025
118,881$10.10 2.1$12,422 
Granted—— 
Exercised(50,296)9.17 $3,367 
Expired—— 
Forfeited—— 
Outstanding at March 31, 2026
68,585$10.78 2.1$4,480 
Vested at March 31, 2026
29,240$10.49 2.0$1,918 
Exercisable at March 31, 2026
29,240$10.49 2.0$1,918 
The total intrinsic value (which is the amount by which the stock price at the date of exercise exceeds the exercise price) of options exercised during the three months ended March 31, 2026 was $4.0 million. The total intrinsic value of options exercised during the three months ended March 31, 2025 was $1.8 million.
As of March 31, 2026, there was $240,000 of total unrecognized compensation cost related to nonvested stock options granted under the 2018 Plan and 2006 Plan. Total unrecognized compensation costs are adjusted for unvested forfeitures. The Company expects to recognize that cost over a remaining weighted-average period of approximately 2.1 years. Compensation expense recorded related to stock options was $145,000 for the three months ended March 31, 2026 and $54,000 for the three months ended March 31, 2025.
Restricted Stock Units
In the first quarter of 2026, the Company granted 48,977 restricted stock units ("RSUs") under the 2018 Plan to employees, which vest ratably over 4 years.
RSUs provide for an interest in Company common stock to the recipient, the underlying stock is not issued until certain conditions are met. Vesting requirements include time-based, performance-based, or market-based conditions. Recipients of RSUs do not pay any cash consideration to the Company for the units and the holders of the restricted units do not have voting rights. The fair value of time-based and performance-based units is equal to the fair market value of the Company’s common stock on the grant date. The fair value of market-based units is estimated on the grant date using the Monte Carlo simulation model. Compensation expense is recognized over the applicable vesting period of the awards. RSUs are nonparticipating securities.
As of March 31, 2026, there was $20.2 million of total unrecognized compensation cost related to nonvested RSUs. The Company expects to recognize that cost over the remaining weighted-average vesting period of approximately 3.1 years. Compensation expense related to RSUs was $1.6 million for the three months ended March 31, 2026 and $2.3 million for the three months ended March 31, 2025. The total grant-date fair value of RSUs that vested during the three months ended March 31, 2026 and March 31, 2025 was $2.8 million and $2.4 million, respectively.
A summary of the Company’s nonvested RSUs at March 31, 2026 and changes during the three month period is presented below:
Nonvested shares - RSUsNumber of SharesWeighted-
Average
Grant Date
Fair
Value
(dollars in thousands, except per share amounts; unaudited)
Nonvested shares at December 31, 2025
476,302$51.93 
Granted48,977$82.22 
Forfeited or expired(2,749)$54.16 
Vested(66,275)$41.46 
Nonvested shares at March 31, 2026
456,255$56.77 
Restricted Stock Awards
Employees
There were no restricted stock awards outstanding for employees as of March 31, 2026. The fair value of restricted stock awards is equal to the fair value of the Company’s stock at the date of grant. Compensation expense is recognized over the vesting period that the awards are based. Restricted stock awards are participating securities.
As of March 31, 2026, there was no unrecognized compensation cost related to nonvested restricted stock awards. Compensation expense recorded related to restricted stock awards was $0 for the three months ended March 31, 2026 and $2,000 for the three months ended March 31, 2025.
Director’s Stock Compensation
Under the 2018 Plan, effective May 2024, eligible directors are granted stock with a total market value of approximately $85,000, and the Board Chair is granted stock with a total market value of approximately $125,000. Committee chairs receive additional stock in an amount that varies depending upon the nature and frequency of the committee meetings. The audit committee chair receives additional stock with a market value of approximately $15,000, non-financial risk and compensation committee chairs receive additional stock with a market value of approximately $12,500, and all other committee chairs receive additional stock with a market value of approximately $10,000. Stock is granted as of each annual meeting date and vest one day prior to the next annual meeting date. During the vesting period, the grants are considered participating securities.
As of March 31, 2026, there was $133,000 of total unrecognized compensation expense related to director restricted stock awards which the Company expects to recognize over the remaining average vesting period of approximately two months. Director compensation expense recorded related to the 2018 Plan totaled $217,000 for the three months ended March 31, 2026 and $180,000 for the three months ended March 31, 2025.
A summary of the Company’s nonvested RSAs at March 31, 2026 and changes during the three-month period is presented below:
Nonvested shares - RSAsNumber of SharesWeighted-
Average
Grant Date
Fair
Value
(dollars in thousands, except per share amounts; unaudited)
Nonvested shares at December 31, 2025
10,039$87.19 
Granted—$— 
Forfeited—$— 
Vested—$— 
Nonvested shares at March 31, 2026
10,039$87.19 
v3.26.1
Fair Value Measurements
 3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value Measurements
The following tables present estimated fair values of the Company’s financial instruments as of the period indicated, whether or not recognized or recorded in the consolidated balance sheets at the period indicated:
March 31, 2026Fair Value Measurements Using
Carrying
Value		Estimated
Fair Value		Level 1Level 2Level 3
(dollars in thousands; unaudited)
Financial assets
Cash and due from banks$52,695 $52,695 $52,695 $— $— 
Interest earning deposits with other banks1,442,772 1,442,772 1,442,772 — — 
Investment securities46,169 46,411 — 46,411 — 
Other investments14,023 14,023 — 12,202 1,821 
Loans held for sale124,039 124,039 — 124,039 
Loans receivable3,859,379 3,738,084 — — 3,738,084 
Accrued interest receivable20,139 20,139 — 20,139 — 
Financial liabilities
Deposits$5,041,164 5,018,459 $— $5,018,459 $— 
Subordinated debt44,480 44,167 — 44,167 — 
Junior subordinated debentures3,594 3,633 — 3,633 — 
Accrued interest payable2,665 2,665 — 2,665 — 
December 31, 2025Fair Value Measurements Using
Carrying
Value		Estimated
Fair Value		Level 1Level 2Level 3
(dollars in thousands; unaudited)
Financial assets
Cash and due from banks$34,241 $34,241 $34,241 $— $— 
Interest earning deposits with other banks702,729 702,729 702,729 — — 
Investment securities48,247 48,742 — 48,742 — 
Other investments12,837 12,837 — 10,666 2,171 
Loans held for sale71,216 71,216 — 71,216 
Loans receivable, net3,749,531 3,738,084 — — 3,738,084 
Accrued interest receivable18,613 18,613 — 18,613 — 
Financial liabilities     
Deposits$4,144,199 $4,130,842 $— $4,130,842 $— 
Subordinated debt44,443 44,132 — 44,132 — 
Junior subordinated debentures3,593 3,719 — 3,719 — 
Accrued interest payable1,435 1,435 — 1,435 — 
The Company measures and discloses certain assets and liabilities at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (that is, not a forced liquidation or distressed sale). GAAP establishes a consistent framework for measuring fair value and disclosure requirements about fair value measurements. Among other things, the accounting standard requires the reporting entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s estimates for market assumptions. These two types of inputs create the following fair value hierarchy:
•Level 1 – Quoted prices in active markets for identical instruments. An active market is a market in which transactions occur with sufficient frequency and volume to provide pricing information on an ongoing basis. A quoted price in an active market provides the most reliable evidence of fair value and shall be used to measure fair value whenever available.
•Level 2 – Observable inputs other than Level 1 including quoted prices in active markets for similar instruments, quoted prices in less active markets for identical or similar instruments, or other observable inputs that can be corroborated by observable market data.
•Level 3 – Unobservable inputs supported by little or no market activity for financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation; also includes observable inputs from nonbinding single dealer quotes not corroborated by observable market data.
The estimated fair value amounts of financial instruments have been determined by the Company using available market information and appropriate valuation methodologies. However, considerable judgment is required to interpret data to develop the estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize at a future date. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. In addition, reasonable comparability between financial institutions may not be likely due to the wide range of permitted valuation techniques and numerous estimates that must be made given the absence of active secondary markets for certain financial instruments. This lack of uniform valuation methodologies also introduces a greater degree of subjectivity to these estimated fair values.
Items measured at fair value on a recurring basis – The following fair value hierarchy table presents information about the Company’s assets that are measured at fair value on a recurring basis at the dates indicated:
Level 1Level 2Level 3Total
Fair Value
(dollars in thousands; unaudited)
March 31, 2026
Available-for-sale
U.S. Agency collateralized mortgage obligations$— $28 $— $28 
$— $28 $— $28 
December 31, 2025
Available-for-sale
U.S. Agency collateralized mortgage obligations$— $29 $— $29 
$— $29 $— $29 
The following methods were used to estimate the fair value of the class of financial instruments above:
Investment securities - The fair value of securities is based on quoted market prices, pricing models, quoted prices of similar securities, independent pricing sources, and discounted cash flows.
Limitations: The fair value estimates presented herein are based on pertinent information available to management as of March 31, 2026 and December 31, 2025. The factors used in the fair values estimates are subject to change subsequent to the dates the fair value estimates are completed, therefore, current estimates of fair value may differ significantly from the amounts presented herein.
Items measured at Level 3 fair value on a nonrecurring basis – The following table presents financial assets and liabilities measured at fair value on a nonrecurring basis that are classified within Level 3 of the fair value hierarchy at the dates indicated:
Level 1Level 2Level 3Total
Fair Value
(dollars in thousands; unaudited)
March 31, 2026
Collateral dependent loans$— $— $— $— 
Equity securities$— $— $1,821 $1,821 
Total$— $— $1,821 $1,821 
December 31, 2025
Collateral dependent loans$— $— $97 $97 
Equity securities— — 2,171 2,171 
Total$— $— $2,268 $2,268 
The amounts disclosed above represent the fair values at the time the nonrecurring fair value measurements were made, and not necessarily the fair value as of the dates reported on.
Collateral dependent loans - Fair values for individually evaluated collateral dependent loans are estimated using the fair value of the collateral less selling costs if the loan results in a Level 3 classification. Individually evaluated loan amounts are initially valued at the lower of cost or fair value. Individually evaluated loans carried at fair value generally receive specific allocations of the allowance for credit losses. For collateral dependent real estate loans, fair value is commonly based on recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and typically result in a Level 3 classification of the inputs for determining fair value. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, resulting in a Level 3 fair value classification. Individually evaluated loans are evaluated on a quarterly basis for additional credit losses and adjusted accordingly. The estimated fair values of financial instruments disclosed above follow the guidance in ASU 2016-01 which prescribes an “exit price” approach in estimating and disclosing fair value of financial instruments incorporating discounts for credit, liquidity, and marketability factors. Valuation is measured based on the fair value of the underlying collateral or the discounted cash expected future cash flows. Subsequent changes in the value of loans are included within the provision for credit losses on loans in the same manner in which it initially was recognized or as a reduction in the provision that would otherwise be reported. Loans are evaluated quarterly to determine if valuation adjustments should be recorded. The need for valuation adjustments arises when observable market prices or current appraised values of collateral indicate a shortfall in collateral value compared to current carrying values of the related loan. If the Company determines that the value of the individually evaluated loan is less than the carrying value of the loan, the Company either establishes a reserve as a specific component of the allowance for credit losses or charges off that amount. These valuation adjustments are considered nonrecurring fair value adjustments.
Equity securities – The Company measures equity securities without readily determinable fair values at cost less impairment (if any), plus or minus observable price changes from an identical or similar investment of the same issuer, with price changes recognized in earnings.
Equity securities without readily determinable fair values
The following table presents the carrying value of equity securities without readily determinable fair values, as of March 31, 2026, with adjustments recorded during the periods presented for those securities with observable price changes, if applicable. These equity securities are included in other investments on the balance sheet.
•The Company had a $1.8 million and $2.2 million equity interest in a specialized bank technology company as of the quarters ended March 31, 2026 and 2025, respectively.
•The Company had a $350,000 equity interest in a technology company as of the quarters ended March 31, 2026 and 2025.
•The Company had a $500,000 equity interest in financial technology company as of the quarter ended March 31, 2026. This was a new equity investment, so there was no equity interest at March 31, 2025.
•The Company had a $42,000 and $47,000 equity interest in a technology company as of the quarters ended March 31, 2026 and 2025, respectively.
For the Three Months Ended
March 31,
(dollars in thousands; unaudited)20262025
Carrying value, beginning of period$2,171 $2,619 
Purchases500 — 
Observable price change— — 
Carrying value, end of period$2,671 $2,619 
The following table provides a description of the valuation technique, unobservable inputs, and qualitative information about the unobservable inputs for the Company’s assets and liabilities classified as Level 3 and measured at fair value on a nonrecurring basis at the date indicated:
(unaudited)Valuation TechniqueUnobservable Inputs
March 31, 2026
Weighted
Average Rate
December 31, 2025
Weighted
Average Rate
Collateral dependent loansCollateral valuationsDiscount to appraised value8.3%8.1%
v3.26.1
Earnings Per Common Share
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Earnings Per Common Share Earnings Per Common Share
The following is a computation of basic and diluted earnings per common share at the periods indicated:
Three Months Ended
March 31, 2026March 31, 2025
(dollars in thousands, except earnings per share data; unaudited)
Net Income$12,019 $9,730 
Basic weighted average number common shares outstanding15,179,44714,962,507
Dilutive effect of equity-based awards243,375499,534
Diluted weighted average number common shares outstanding
15,422,82215,462,041
Basic earnings per share$0.79 $0.65 
Diluted earnings per share$0.78 $0.63 
Antidilutive stock options and restricted stock outstanding142,5532,269
Under the two-class method, earnings available to common shareholders for the period are allocated between common shareholders and participating securities according to dividends declared (or accumulated) and participation rights in undistributed earnings, however the difference in the two-class method was not significant.
v3.26.1
Segment Reporting
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
As defined in ASC 280, Segment Reporting, an operating segment is a component of an enterprise that engages in business activities from which it may earn revenues and incur expenses, whose operating results are regularly reviewed by the enterprise’s chief operating decision makers (“CODM”) to make decisions about resources to be allocated to the segment and assess its performance, and for which discrete financial information is available. We evaluate performance based on classifications within accounting and reporting systems, which provides line of business results. This system uses various techniques to assign balance sheet and income statement amounts to the business segments, including allocations of income and expense. A primary objective of this measurement system and related internal financial reporting practices are to produce consistent results that reflect the underlying financial impact of the segments on the Company and to provide a basis of support for strategic decision making. The accounting policies applicable to our segments are those that apply to our preparation of the accompanying Consolidated Financial Statements. Based on these criteria, we have identified three segments: the community bank, CCBX, and treasury & administration. The Executive Leadership Team, which includes the CEO, Presidents, CFO and other key executive members, which the Company has designated as the CODMs, evaluates the financial performance of the Company’s segments by evaluating interest income and expense, noninterest income and significant expenses. The community bank segment includes all community banking activities. A primary focus of the community bank is on providing a wide range of banking products and services to consumers and small to medium sized businesses in the broader Puget Sound region in the state of Washington and through the Internet and our mobile banking application. We currently operate 14 full-service banking locations, 12 of which are located in Snohomish County, where we are the largest community bank by deposit market share, and two of which are located in neighboring counties (one in King County and one in Island County). We also have a loan production office which is located in King county. The CCBX segment provides BaaS that allows digital financial service providers, companies and brands to offer their customers banking services. The CCBX segment has 30 partners as of March 31, 2026. The treasury & administration segment includes investments, debt and other reporting items that are not specific to the community bank or CCBX segments.
The management accounting policies and processes utilized in compiling segment financial information are highly subjective and, unlike financial accounting, are not based on authoritative guidance similar to GAAP. As a result, reported segments and the financial information of the reported segments are not necessarily comparable with similar information reported by other financial institutions. Additionally, because of the interrelationships of the various segments, the information presented is not indicative of how the segments would perform if they operated as independent entities. Changes in management structure or allocation methodologies and procedures may result in future changes to previously reported segment financial data. Furthermore, changes in management structure or allocation methodologies and procedures may result in changes in reported segment financial data. The Company continues to evaluate its methodology on allocating items to the Company’s various segments to support strategic business decisions by the Company’s executive leadership. Income and expenses that are specific to a segment are directly posted to each segment. Additionally, certain indirect expenses are allocated to each segment utilizing various metrics, such as number of employees, utilization of space, and allocations based on loan and deposit balances. We have implemented a transfer pricing process that credits or charges the community bank and CCBX segments with intrabank interest income or expense for the difference in average loans and average deposits, with the treasury & administration segment as the offset for those entries.
Summarized financial information concerning the Company's reportable segments and the reconciliation to the consolidated financial results is shown in the following tables for the periods indicated:
March 31, 2026December 31, 2025
Community BankCCBXTreasury & AdministrationConsolidatedCommunity BankCCBXTreasury & AdministrationConsolidated
Assets(dollars in thousands; unaudited)
Cash and Due from Banks$4,454 $1,441 $1,489,572 $1,495,467 $4,243 $750 $731,977 $736,970 
Intrabank assets— 1,417,932 (1,417,932)— — 633,600 (633,600)— 
Securities— — 46,169 46,169 — — 48,247 48,247 
Loans held for sale— 124,039 — 124,039 — 71,216 — 71,216 
Total loans receivable1,975,255 1,884,124 — 3,859,379 1,941,979 1,807,552 — 3,749,531 
Allowance for credit losses
(18,153)(154,274)— (172,427)(18,231)(151,299)— (169,530)
All other assets29,503 240,799 40,900 311,202 29,809 235,137 40,057 305,003 
Total assets$1,991,059 $3,514,061 $158,709 $5,663,829 $1,957,800 $2,596,956 $186,681 $4,741,437 
Liabilities0
Total deposits$1,572,942 $3,468,222 $— $5,041,164 $1,586,359 $2,557,840 $— $4,144,199 
Total borrowings— — 48,074 48,074 — — 48,036 48,036 
Intrabank liabilities413,278 — (413,278)— 366,216 — (366,216)— 
All other liabilities4,839 45,839 20,151 70,829 5,225 39,116 13,902 58,243 
Total liabilities$1,991,059 $3,514,061 $(345,053)$5,160,067 $1,957,800 $2,596,956 $(304,278)$4,250,478 
Three months ended March 31, 2026Three months ended March 31, 2025
Community BankCCBXTreasury & AdministrationConsolidatedCommunity Bank CCBX Treasury & AdministrationConsolidated
(dollars in thousands; unaudited)
INTEREST INCOME AND EXPENSE
Interest income$31,734 $71,153 $8,794 $111,681 $30,292 $67,855 $6,760 $104,907 
Interest (expense) income intrabank transfer(3,625)8,156 (4,531)— (3,909)6,085 (2,176)— 
Interest expense5,571 22,099 654 28,324 6,604 21,581 660 28,845 
Net interest income22,538 57,210 3,609 83,357 19,779 52,359 3,924 76,062 
Provision/(Recapture) for credit losses(542)51,940 — 51,398 507 55,274 — 55,781 
Net interest income/(expense) after provision for credit losses on loans and unfunded commitments23,080 5,270 3,609 31,959 19,272 (2,915)3,924 20,281 
NONINTEREST INCOME
Deposit service charges and fees818 32 — 850 860 — — 860 
Other income114 (4)426 536 156 — 542 698 
BaaS program income— 10,888 — 10,888 — 6,278 — 6,278 
BaaS indemnification income— 53,803 — 53,803 — 55,641 — 55,641 
Noninterest income932 64,719 426 66,077 1,016  61,919 542 63,477 
NONINTEREST EXPENSE
Salaries and employee benefits7,297 11,527 4,298 23,122 7,155 7,975 6,402 21,532 
Occupancy812 8 39 859 830 85 119 1,034 
Data processing and software licenses1,817 5,035 791 7,643 1,395 1,146 1,691 4,232 
Legal and professional expenses444 5,215 1,343 7,002 63 3,273 3,152 6,488 
Other expense1,012 2,949 866 4,827 910 1,626 1,667 4,203 
BaaS loan expense— 36,940 — 36,940 — 32,507 — 32,507 
BaaS fraud expense— 3,059 — 3,059 — 1,993 — 1,993 
Total noninterest expense11,382 64,733 7,337 83,452 10,353 48,605 13,031 71,989 
Net income/(loss) before income taxes12,630 5,256 (3,302)14,584 9,935 10,399 (8,565)11,769 
Income taxes1,918 1,218 (571)2,565 1,587 2,007 (1,555)2,039 
Net income/(loss)$10,712 $4,038 $(2,731)$12,019 $8,348 $8,392 $(7,010)$9,730 
v3.26.1
Insider Trading Arrangements
 3 Months Ended
Mar. 31, 2026
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.26.1
Description of Business and Summary of Significant Accounting Policies (Policies)
 3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Nature of operations
Nature of operations - Coastal Financial Corporation (“Corporation” or “Company”) is a registered bank holding company whose wholly owned subsidiaries are Coastal Community Bank (“Bank”) and Arlington Olympic LLC (“LLC”). The Company is a Washington state corporation that was organized in 2003. The Bank was incorporated and commenced operations in 1997 and is a Washington state-chartered commercial bank that is a member bank of the Federal Reserve system. The LLC was formed in 2019 and owns the Company’s Arlington branch site, which the Bank leases from the LLC.
The Company operates through the Bank and is headquartered in Everett, Washington, which by population is the largest city in Snohomish County. The Company’s business is conducted through three reportable segments: The community bank, CCBX and treasury & administration. The primary focus of the community bank is on providing a wide range of banking products and services to consumers and small to medium sized businesses in the broader Puget Sound region in the state of Washington and through the Internet and our mobile banking application. We currently operate 14 full-service banking locations, 12 of which are located in Snohomish County, where we are the largest community bank by deposit market share, and two of which are located in neighboring counties (one in King County and one in Island County). We also have a loan production office which is located in King county. The CCBX segment provides banking as a service (“BaaS”) that allows digital financial service providers, companies and brands to offer their customers banking services. The CCBX segment had a total of 30 partners, at varying stages as of March 31, 2026. The treasury & administration segment includes investments, debt and other reporting items that are not specific to the community bank or CCBX segments.
The Bank’s deposits are insured in whole or in part by the Federal Deposit Insurance Corporation (“FDIC”). The community bank’s loans and deposits are primarily within the greater Puget Sound region, while CCBX loans and deposits are dependent upon the partners' markets. The Bank’s primary funding source is deposits from customers. The Bank is subject to regulation and supervision by the Board of Governors of the Federal Reserve System and the Washington State Department of Financial Institutions Division of Banks. The Federal Reserve also has regulatory and supervisory authority over the Company.
Financial statement presentation
Financial statement presentation - The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim reporting requirements and with instructions to Form 10-Q and Article 10 of Regulation S-X, and therefore do not include all the information and notes included in the annual consolidated financial statements in conformity with GAAP. These interim condensed consolidated financial statements and accompanying notes should be read in conjunction with the Company’s audited consolidated financial statements and accompanying notes included in the Company’s Annual report on Form 10-K as filed with the U.S. Securities and Exchange Commission (“SEC”) on February 27, 2026. Operating results for the three months ended March 31, 2026 are not necessarily indicative of the results that may be expected for the entire year.
Amounts presented in the consolidated financial statements and footnote tables are rounded and presented in thousands of dollars except per-share amounts, which are presented in dollars. In the narrative footnote discussion, amounts are rounded to thousands and presented in dollars.
In management’s opinion, all accounting adjustments necessary to accurately reflect the financial position and results of operations on the accompanying consolidated financial statements have been made. These adjustments include normal and recurring accruals considered necessary for a fair and accurate presentation.
Principles of consolidation Principles of consolidation - The consolidated financial statements include the accounts of the Company, the Bank and the LLC. All significant intercompany accounts have been eliminated in consolidation.
Estimates
Estimates - The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management believes that its critical accounting policies include determining the allowance for credit losses, the valuation
of the Company’s deferred tax assets, and fair value of financial instruments. Actual results could differ significantly from those estimates.
Subsequent Events Subsequent Events - The Company has evaluated events and transactions subsequent to March 31, 2026 for potential recognition or disclosure.
Reclassifications
Reclassifications - Certain amounts reported in prior quarters' consolidated financial statements may have been reclassified to conform to the current presentation with no effect on stockholders’ equity or net income.
Recent Accounting Guidance Not Yet Effective
Recent Accounting Guidance
In November 2023, the FASB issued ASU 2023-07, Income Statement—Reporting Comprehensive Income (Subtopic 220-40): Disaggregation of Income Statement Expenses, which requires enhanced disclosures about the nature of expenses included in income statement line items to improve transparency and comparability. This ASU is effective for fiscal years beginning after December 15, 2026, and interim periods within those fiscal years, with early adoption permitted. The Company is evaluating the impact of this standard on its disclosures.
In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which enhances the transparency of income tax disclosures by requiring more detailed information about income tax expense, cash taxes paid, and the effective tax rate reconciliation. This ASU is effective for fiscal years beginning after December 15, 2024, and interim periods within those fiscal years and was implemented by the Company as of the fiscal year ended December 31, 2025. The adoption of ASU 2023-09 did not have a material impact on the Company’s consolidated financial statements but resulted in enhanced income tax disclosures.
In March 2025, the FASB issued ASU 2025-05, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses for Accounts Receivable and Contract Assets, which simplifies the measurement of expected credit losses for certain financial assets by providing a practical expedient and additional guidance on applying CECL to short-term receivables. This ASU is effective for fiscal years beginning after December 15, 2025, and interim periods within those fiscal years, with early adoption permitted. This standard did not have a material impact on the Company's consolidated financial statements.
In September 2025, the FASB issued ASU 2025-06, Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software, which modernizes and clarifies guidance on capitalization of internal-use software costs (including software developed using iterative methods) and related presentation/disclosure considerations. This ASU is effective for annual reporting periods beginning after December 15, 2027, and interim periods within those fiscal years, with early adoption permitted. The Company is evaluating the impact of this standard on its capitalization policies and disclosures.
In November 2025, the FASB issued ASU 2025-08, Financial Instruments—Credit Losses (Topic 326): Purchased Loans, which expands and clarifies acquisition-date accounting for certain purchased loans under CECL, including use of a gross-up approach for specified acquired loans. This ASU is effective for annual reporting periods beginning after December 15, 2026, and interim periods within those fiscal years, with early adoption permitted. The Company is evaluating the impact of this standard on its accounting for acquired loans and related disclosures.
In November 2025, the FASB issued ASU 2025-11, Interim Reporting (Topic 270): Narrow-Scope Improvements, to clarify and improve the guidance related to interim financial reporting. The ASU enhances the structure and navigability of Topic 270 by consolidating and organizing interim disclosure requirements and clarifying their applicability to entities that issue interim financial statements in accordance with U.S. GAAP. The amendments also introduce a disclosure principle requiring entities to disclose material events and changes that occur after the most recent annual reporting period. The ASU does not significantly expand existing disclosure requirements but is intended to improve transparency and consistency in interim reporting. This ASU is effective for interim reporting periods in fiscal years beginning after December 15, 2027, and early adoption is permitted. The Company is currently evaluating the impact of the adoption of this standard on its consolidated financial statements.
v3.26.1
Investment Securities (Tables)
 3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Amortized Cost and Fair Values of Investments in Debt Securities
The following tables summarize the amortized cost, fair value, and allowance for credit losses and the corresponding amounts of gross unrealized gains and losses of available-for-sale securities recognized in accumulated other comprehensive income (loss) and gross unrecognized gains and losses of held-to-maturity securities:
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value		Allowance for Credit Losses
(dollars in thousands; unaudited)
March 31, 2026
Available-for-sale
U.S. Agency collateralized
   mortgage obligations		$29 $— $(1)$28 $— 
Total available-for-sale
   securities		29 — (1)28 — 
Held-to-maturity   
U.S. Agency residential
   mortgage-backed securities		46,141 549 (307)46,383 — 
Total investment securities$46,170 $549 $(308)$46,411 $— 
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value		Allowance for Credit Losses
(dollars in thousands; unaudited)
December 31, 2025
Available-for-sale
U.S. Agency collateralized
   mortgage obligations		$30 $— $(1)$29 $— 
Total available-for-sale
   securities		30 — (1)29 — 
Held-to-maturity
U.S. Agency residential
   mortgage-backed securities		48,218 710 (214)48,713 — 
Total investment securities$48,248 $710 $(215)$48,742 $— 
Amortized Cost and Fair Value of Debt Securities by Contractual Maturity
Available-for-SaleHeld-to-Maturity
Amortized
Cost		Fair
Value		Amortized
Cost		Fair
Value
(dollars in thousands; unaudited)
March 31, 2026
U.S. Agency residential mortgage-backed securities and collateralized mortgage obligations29 28 46,141 46,383 
$29 $28 $46,141 $46,383 
Summary of Investment Securities Continuous Unrealized Loss Position The following tables show the investments’ gross unrealized losses and fair values, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position for which an allowance for credit losses has not been recorded:
Less Than 12 Months12 Months or GreaterTotal
Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses
(dollars in thousands; unaudited)
March 31, 2026
Available-for-sale
U.S. Agency collateralized mortgage obligations$— $— $28 $1 $28 $1 
Total available-for-sale securities— — 28 1 28 1 
Held-to-maturity    
U.S. Agency residential mortgage-backed securities13,759 220 737 87 14,496 307 
Total investment securities$13,759 $220 $765 $88 $14,524 $308 
Less Than 12 Months12 Months or GreaterTotal
Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses
(dollars in thousands; unaudited)
December 31, 2025
Available-for-sale
U.S. Agency collateralized mortgage obligations$— $— $29 $1 $29 $1 
Total available-for-sale securities— — 29 1 29 1 
Held-to-maturity
U.S. Agency residential mortgage-backed securities5,039 95 8,228 119 13,267 214 
Total investment securities$5,039 $95 $8,257 $120 $13,296 $215 
v3.26.1
Loans and Allowance for Credit Losses (Tables)
 3 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
Composition of Loan Portfolio
The composition of the loan portfolio is as follows as of the periods indicated:
March 31,December 31,
20262025
(dollars in thousands; unaudited)
Community Bank
Commercial and industrial loans$235,603 $224,439 
Real estate loans:
Construction, land and land development loans234,911 222,075 
Residential real estate loans199,185 202,293 
Commercial real estate loans1,300,547 1,285,856 
Consumer and other loans:
Other consumer and other loans11,587 14,072 
Gross community bank loans receivable1,981,833 1,948,735 
CCBX
Commercial and industrial loans:
Capital call lines$176,384 $210,480 
All other commercial & industrial loans
21,792 19,166 
Real estate loans:
Residential real estate loans266,037 264,059 
Consumer and other loans:
Credit cards693,485 622,681 
Other consumer and other loans726,943 691,708 
Gross CCBX loans receivable1,884,641 1,808,094 
Total gross loans receivable3,866,474 3,756,829 
Net deferred origination fees and premiums(7,095)(7,298)
Loans receivable$3,859,379 $3,749,531 
The following chart breaks out our consumer loan portfolio by segment and type of loan as of March 31, 2026. The largest portion of our consumer portfolio is comprised of CCBX installment loans and credit card loans. These loans are further divided to show the total secured and unsecured amounts in each of these categories. The average overall outstanding consumer loan balance is small at $700.
(dollars in thousands; unaudited)Outstanding Balance
% of Total Outstanding Balance Consumer Loans
Average Loan BalanceNumber of Loans
CCBX consumer loans
Installment loans - cash secured$174,036 12.2 %
Installment loans - unsecured495,508 34.6 
Installment loans - total669,544 46.8 $0.7 1,026,896
Credit cards - cash secured398 0.0 
Credit cards - unsecured693,087 48.4 
Credit cards - total693,485 48.4 1.5 456,317
Lines of credit29,956 2.1 0.1 303,549
Other loans27,443 1.9 0.1 297,989
Community bank consumer loans
Lines of credit163 0.0 5.3 31
Installment loans1,088 0.1 43.5 25
Other loans10,336 0.7 28.2 366
Total$1,432,015 100.0 %$0.7 2,085,173
The following chart breaks out our consumer loan portfolio by segment and type of loan as of December 31, 2025. The largest portion of our consumer portfolio is comprised of CCBX installment loans and credit card loans. These loans are further divided to show the total secured and unsecured amounts in each of these categories. The average overall outstanding consumer loan balance is small at $809.
(dollars in thousands; unaudited)Outstanding Balance
% of Total Outstanding Balance Consumer Loans
Average Loan BalanceNumber of Loans
CCBX consumer loans
Installment loans - cash secured$162,072 12.2 %
Installment loans - unsecured502,767 37.8 
Installment loans - total664,839 50.0 $0.8 864,638
Credit cards - cash secured56 0.0 
Credit cards - unsecured622,625 46.9 
Credit cards - total622,681 46.9 1.4 435,236
Lines of credit10,027 0.8 0.1 89,736
Other loans16,842 1.3 0.1 252,381
Community bank consumer loans
Lines of credit140 0.0 4.5 31
Installment loans3,010 0.2 111.5 27
Other loans10,922 0.8 28.6 382
Total$1,328,461 100.0 %$0.8 1,642,431
Summary of an Age Analysis of Past Due Loans
The following tables illustrate an age analysis of past due loans as of the dates indicated:
30-89
Days Past
Due		90 Days
or More
Past Due		Total
Past Due		CurrentTotal
Loans		90 Days or
More Past
Due and
Still
Accruing
(dollars in thousands; unaudited)
March 31, 2026
Community Bank
Commercial and industrial
   loans		$500 $94 $594 $235,009 $235,603 $— 
Real estate loans:
Construction, land and
   land development
— — — 234,911 234,911 — 
Residential real estate— — — 199,185 199,185 — 
Commercial real estate106 4,344 4,450 1,296,097 1,300,547 — 
Consumer and other loans2 — 2 11,585 11,587 — 
Total community bank$608 $4,438 $5,046 $1,976,787 $1,981,833 $— 
CCBX
Commercial and industrial loans:
Capital call lines$— $— $— $176,384 $176,384 $— 
All other commercial &
   industrial loans
1,005 604 1,609 20,183 21,792 604 
Real estate loans:
Residential real
   estate loans		2,469 2,241 4,710 $261,327 $266,037 2,241 
Consumer and other loans:
Credit cards28,977 29,437 58,414 $635,071 $693,485 24,149 
Other consumer and
   other loans		47,088 8,238 55,326 671,617 726,943 8,205 
Total CCBX $79,539 $40,520 $120,059 $1,764,582 $1,884,641 $35,199 
Total consolidated$80,147 $44,958 $125,105 $3,741,369 3,866,474 $35,199 
Less net deferred
   origination fees and
   premiums
(7,095)
Loans receivable$3,859,379 
30-89
Days Past
Due		90 Days
or More
Past Due		Total
Past Due		CurrentTotal
Loans		90 Days or
More Past
Due and
Still
Accruing
(dollars in thousands; unaudited)
December 31, 2025
Community Bank
Commercial and industrial
   loans		$150 $2,070 $2,220 $222,219 $224,439 $— 
Real estate loans:
Construction, land and
   land development
— — — 222,075 222,075 — 
Residential real estate286 — 286 202,007 202,293 — 
Commercial real estate107 4,344 4,451 1,281,405 1,285,856 — 
Consumer and other loans1 — 1 14,071 14,072 — 
Total community bank$544 $6,414 $6,958 $1,941,777 $1,948,735 $— 
CCBX
Commercial and industrial loans:
Capital call lines$— $— $— $210,480 $210,480 $— 
All other commercial &
   industrial loans
1,075 654 1,729 17,437 19,166 654 
Real estate loans:
Residential real
   estate loans		3,125 1,961 5,086 $258,973 $264,059 $1,961 
Consumer and other loans:
Credit cards27,752 26,632 54,384 $568,297 $622,681 $22,536 
Other consumer and
   other loans		38,187 8,078 46,265 $645,443 $691,708 $7,993 
Total CCBX70,139 37,325 107,464 1,700,630 1,808,094 33,144 
Total consolidated70,683 43,739 114,422 3,642,407 3,756,829 33,144 
Less net deferred
   origination fees and
   premiums
(7,298)
Loans receivable$3,749,531 
Analysis of Nonaccrual Loans by Category
An analysis of nonaccrual loans by category consisted of the following at the periods indicated:
March 31,December 31,
20262025
Total NonaccrualNonaccrual with No ACLNonaccrual with
ACL		Total NonaccrualNonaccrual with No ACLNonaccrual with
ACL
(dollars in thousands; unaudited)
Community Bank
Commercial and industrial
   loans		$170 $76 $94 $2,151 $2,058 $93 
Real estate loans:
Residential real estate314 314 — 38 38 — 
Commercial real estate4,344 4,344 — 4,344 4,344 — 
Total community bank
   nonaccrual loans		$4,828 $4,734 $94 $6,533 $6,440 $93 
CCBX
Commercial and industrial
   loans		$81 $— $81 $127 $— $127 
Consumer and other loans:
Credit cards24,497 — 24,497 21,433 — 21,433 
Consumer and other
   consumer loans		3,015 — 3,015 2,875 — 2,875 
Total CCBX nonaccrual loans$27,593 $— $27,593 $24,435 $— $24,435 
Total consolidated nonaccrual
   loans		$32,421 $4,734 $27,687 $30,968 $6,440 $24,528 
Financing Receivable, Modified
The following tables present the CCBX loans at March 31, 2026 and December 31, 2025 that were both experiencing financial difficulty and were modified in the twelve months previous to the dates presented by class and by type of modification. The percentage of the loans that were modified to borrowers in financial distress as compared to the total CCBX loans of each class is also presented below.
March 31, 2026Principal ForgivenessTerm ExtensionInterest Rate ReductionPrincipal Forgiveness & Payment DelayInterest Rate Reduction & Payment DelayPrincipal Forgiveness Payment Delay & Term ExtensionTotalTotal Class of Financing Receivable
(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:
All other commercial & industrial loans
$— $609 $— $18 $— $— $627 2.88 %
Consumer and other loans:
Credit cards13,526 — 32,489 — 2,302 — 48,317 6.97 
Other consumer and other loans— 2,994 — 2,410 — 32 5,436 0.75 
Total $13,526 $3,603 $32,489 $2,428 $2,302 $32 $54,380 1.41 %
December 31, 2025Principal ForgivenessTerm ExtensionInterest Rate ReductionPrincipal Forgiveness & Payment DelayInterest Rate Reduction & Payment DelayPrincipal Forgiveness, Payment Delay & Term ExtensionTotalTotal Class of Financing Receivable
(dollars in thousands)
CCBX
Commercial and industrial loans:
All other commercial & industrial loans
$— $763 $— $4 $— $— $767 4.00 %
Consumer and other loans:
Credit cards13,780 — 32,566 — 685 — 47,031 7.55 
Other consumer and other loans— 4,087 — 832 — 15 4,934 0.71 
Total $13,780 $4,850 $32,566 $836 $685 $15 $52,732 1.41 %
The Company has committed to lend additional amounts totaling $23,000 to the borrowers included in the table above as of March 31, 2026.
The performance of loans modified is monitored to understand the effectiveness of the modification efforts. The following tables present the performance of such loans that have been modified in the last 12 months previous to the dates presented:
March 31, 202630-89
Days Past
Due		90 Days
or More
Past Due		Total Past Due
(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:
All other commercial & industrial loans
$103 $26 $129 
Consumer and other loans:
Credit cards8,280 8,153 16,433 
Other consumer and other loans569 100 669 
Total CCBX$8,952 $8,279 $17,231 
December 31, 202530-89
Days Past
Due		90 Days
or More
Past Due		Total Past Due
(dollars in thousands)
CCBX
Commercial and industrial loans:
All other commercial & industrial loans
$199 $28 $227 
Consumer and other loans:
Credit cards8,403 7,114 15,517 
Other consumer and other loans745 321 1,066 
Total CCBX$9,347 $7,463 $16,810 
The following tables present the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the preceding 12 months as of the dates indicated:
March 31, 2026Principal ForgivenessWeighted Average Interest Rate ReductionWeighted Average Term Extension (years)
(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:
All other commercial & industrial loans
$218 — %2.4
Consumer and other loans:
Credit cards9,291 14.1 n/a
Other consumer and other loans7,644 — 2.0
Total CCBX$17,153 14.1 %2.1
December 31, 2025Principal ForgivenessWeighted Average Interest Rate ReductionWeighted Average Term Extension (years)
(dollars in thousands)
CCBX
Commercial and industrial loans:
All other commercial & industrial loans
$224 — %2.0
Consumer and other loans:
Credit cards9,062 14.4 n/a
Other consumer and other loans5,904 — 2.0
Total CCBX$15,190 14.4 %2.0
The following tables present the total of loans that had a payment default during the preceding 12 months and which were modified for borrowers experiencing financial difficulty in the twelve months prior to that default.
March 31, 2026Principal ForgivenessTerm ExtensionInterest Rate ReductionPrincipal Forgiveness & Payment DelayInterest Rate Reduction & Payment DelayPrincipal Forgiveness, Payment Delay & Term ExtensionTotal
(dollars in thousands; unaudited)
CCBX
Commercial and industrial loans:
All other commercial & industrial loans
$— $137 $— $— — $— $137 
Consumer and other loans:
Credit cards11,987 — 21,457 — 521 — 33,965 
Other consumer and other loans— 669 — 263 — 15 947 
Total$11,987 $806 $21,457 $263 $521 $15 $35,049 
December 31, 2025Principal ForgivenessTerm ExtensionInterest Rate ReductionPrincipal Forgiveness & Payment DelayInterest Rate Reduction & Payment DelayPrincipal Forgiveness, Payment Delay & Term ExtensionTotal
(dollars in thousands)
CCBX
Commercial and industrial loans:
All other commercial & industrial loans
$— $628 $— $4 $— $— $632 
Consumer and other loans:
Credit cards12,339 — 21,798 — 204 — 34,341 
Other consumer and other loans— 3,267 — 640 — 15 3,922 
Total$12,339 $3,895 $21,798 $644 $204 $15 $38,895 
Upon the Company’s determination that a modified loan (or portion of a loan) has subsequently been deemed uncollectible, the loan (or a portion of the loan) is charged-off against the allowance for credit losses. Therefore, the loan balance is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount.
Credit Quality and Credit Risk
Federal regulations require that the Company periodically evaluate the risks inherent in its loan portfolio. In addition, the Company’s regulatory agencies have authority to identify problem loans and, if appropriate, require them to be reclassified. The Company establishes loan grades for loans at the origination of the loan. Changes to community bank loan grades are considered at the time new information about the performance of a loan becomes available, including the receipt of updated financial information from the borrower and after loan reviews. For consumer loans, the Bank follows the Federal Financial Institutions Examination Council’s Uniform Retail Credit Classification and Account Management Policy for subsequent classification in the event of payment delinquencies or default. Typically, an individual loan grade will not be changed from the prior period unless there is a specific indication of credit deterioration or improvement. Credit deterioration is evidenced by delinquency, direct communications with the borrower or other borrower information that becomes known to management. Credit improvements are evidenced by known facts regarding the borrower or the collateral property. The Company classifies some loans as Watch or Other Loans Especially Mentioned (“OLEM”). Loans classified as Watch are performing assets but have elements of risk that require more monitoring than other performing loans and are reported in the OLEM column in the following table. Loans classified as OLEM are assets that continue to perform but have shown deterioration in credit quality and require close monitoring. There are three classifications for problem loans: Substandard, Doubtful, and Loss. Substandard loans have one or more defined weaknesses and are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Revolving (open-ended loans, such as credit cards) and installment (closed end) consumer loans originated through CCBX partners typically continue to accrue interest until they are charged-off at 120 days past due for installment loans (primarily unsecured loans to consumers) and 180 days past due for revolving loans (primarily credit cards) and are classified as substandard once they are 90 days past due. CCBX partners may place certain loans on nonaccrual status prior to achieving these past due timelines. Doubtful loans have the weaknesses of loans classified as Substandard, with additional characteristics that suggest the weaknesses make collection or recovery in full after liquidation of collateral questionable on the basis of currently existing facts, conditions, and values. There is a high possibility of loss in loans classified as Doubtful. A loan classified as Loss is considered uncollectible and of such little value that continued classification of the credit as a loan is not warranted. If a loan or a portion thereof is classified as Loss, it must be charged-off, meaning the amount of the loss is charged against the allowance for credit losses, thereby reducing that reserve.
Summary of Loans by Credit Quality Risk Rating
The following tables show the risk category of community bank loans by year of origination for the periods indicated, based on the most recent analysis performed as of each period end:
Term Loans Amortized Cost Basis by Origination Year
Community Bank20262025202420232022PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of March 31, 2026
Commercial and industrial loans
Risk rating
Pass$21,360 $115,178 $6,956 $8,296 $32,986 $17,499 $29,480 $2,209 $233,964 
Other Loan Especially Mentioned45 — — — 49 1,215 159 — 1,468 
Substandard— — — 16 — — 155 — 171 
Doubtful— — — — — — — — — 
Total commercial and industrial loans - All
   other commercial and industrial loans		$21,405 $115,178 $6,956 $8,312 $33,035 $18,714 $29,794 $2,209 $235,603 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Term Loans Amortized Cost Basis by Origination Year
Community Bank20262025202420232022PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of March 31, 2026
Real estate loans - Construction, land and land
development loans
Risk rating
Pass$3,872 $115,782 $39,206 $61,474 $6,774 $4,058 $3,502 $— $234,668 
Other Loan Especially Mentioned— — — — — 243 — — 243 
Substandard— — — — — — — — — 
Doubtful— — — — — — — — — 
Total real estate loans - Construction, land
   and land development loans		$3,872 $115,782 $39,206 $61,474 $6,774 $4,301 $3,502 $— $234,911 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Real estate loans - Residential real estate loans
Risk rating
Pass$3,882 $16,982 $10,032 $24,500 $27,704 $80,583 $33,132 $410 $197,225 
Other Loan Especially Mentioned— — — — — — 266 — 266 
Substandard— — 1,381 — 276 — 37 — 1,694 
Doubtful— — — — — — — — — 
Total real estate loans - Residential real
   estate loans		$3,882 $16,982 $11,413 $24,500 $27,980 $80,583 $33,435 $410 $199,185 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Real estate loans - Commercial real estate loans
Risk rating
Pass$59,131 $94,566 $44,995 $235,126 $262,134 $563,705 $9,321 $1,773 $1,270,751 
Other Loan Especially Mentioned— — 15,393 — 5,563 4,496 — — 25,452 
Substandard— — — — 344 4,000 — — 4,344 
Doubtful— — — — — — — — — 
Total real estate loans - Commercial real
   estate loans		$59,131 $94,566 $60,388 $235,126 $268,041 $572,201 $9,321 $1,773 $1,300,547 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Term Loans Amortized Cost Basis by Origination Year
Community Bank20262025202420232022PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of March 31, 2026
Consumer and other loans - Other consumer and
other loans
Risk rating
Pass$398 $282 $89 $28 $7,243 $2,906 $641 $— $11,587 
Other Loan Especially Mentioned— — — — — — — — — 
Substandard— — — — — — — — — 
Doubtful— — — — — — — — — 
Total consumer and other loans - Other
   consumer and other loans		$398 $282 $89 $28 $7,243 $2,906 $641 $— $11,587 
Year-to-date gross charge-offs$2 $— $— $— $— $— $— $— $2 
Total community bank loans receivable
Risk rating
Pass$88,643 $342,790 $101,278 $329,424 $336,841 $668,751 $76,076 $4,392 $1,948,195 
Other Loan Especially Mentioned45 — 15,393 — 5,612 5,954 425 — 27,429 
Substandard— — 1,381 16 620 4,000 192 — 6,209 
Doubtful— — — — — — — — — 
Total community bank loans$88,688 $342,790 $118,052 $329,440 $343,073 $678,705 $76,693 $4,392 $1,981,833 
Year-to-date gross charge-offs$2 $— $— $— $— $— $— $— $2 
Term Loans Amortized Cost Basis by Origination Year
Community Bank20252024202320222021PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of December 31, 2025
Commercial and industrial loans
Risk rating
Pass$131,644 $8,897 $33,940 $10,279 $2,389 $5,363 $25,929 $2,256 $220,697 
Other Loan Especially Mentioned— — — — 1,216 — 375 — 1,591 
Substandard— 16 — 1,961 — — 174 — 2,151 
Doubtful— — — — — — — — — 
Total commercial and industrial loans - All
   other commercial and industrial loans		$131,644 $8,913 $33,940 $12,240 $3,605 $5,363 $26,478 $2,256 $224,439 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Real estate loans - Construction, land and land
development loans
Risk rating
Pass$139,810 $67,584 $6,838 $1,715 $239 $1,732 $3,502 $— $221,420 
Other Loan Especially Mentioned— — — 655 — — — — 655 
Substandard— — — — — — — — — 
Doubtful— — — — — — — — — 
Total real estate loans - Construction, land
   and land development loans		$139,810 $67,584 $6,838 $2,370 $239 $1,732 $3,502 $— $222,075 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Term Loans Amortized Cost Basis by Origination Year
Community Bank20252024202320222021PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of December 31, 2025
Real estate loans - Residential real estate loans
Risk rating
Pass$28,581 $24,678 $35,211 $34,525 $23,262 $25,146 $28,270 $414 $200,087 
Other Loan Especially Mentioned— — 286 — — — 501 — 787 
Substandard1,381 — — — — — 38 — 1,419 
Doubtful— — — — — — — — — 
Total real estate loans - Residential real
   estate loans		$29,962 $24,678 $35,497 $34,525 $23,262 $25,146 $28,809 $414 $202,293 
Year-to-date gross charge-offs$— $— $— $— $— $13 $— $— $13 
Real estate loans - Commercial real estate loans
Risk rating
Pass$138,619 $259,048 $263,101 $209,646 $98,897 $273,109 $10,005 $1,788 $1,254,213 
Other Loan Especially Mentioned15,374 — 5,593 1,302 3,243 1,787 — — 27,299 
Substandard— — 344 — 4,000 — — — 4,344 
Doubtful— — — — — — — — — 
Total real estate loans - Commercial real
   estate loans		$153,993 $259,048 $269,038 $210,948 $106,140 $274,896 $10,005 $1,788 $1,285,856 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Term Loans Amortized Cost Basis by Origination Year
Community Bank20252024202320222021PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of December 31, 2025
Consumer and other loans - Other consumer and
other loans
Risk rating
Pass$2,526 $32 $7,394 $— $206 $2,710 $1,204 $— $14,072 
Other Loan Especially Mentioned— — — — — — — — — 
Substandard— — — — — — — — — 
Doubtful— — — — — — — — — 
Total consumer and other loans - Other
   consumer and other loans		$2,526 $32 $7,394 $— $206 $2,710 $1,204 $— $14,072 
Year-to-date gross charge-offs$29 $15 $— $— $— $— $— $— $44 
Total community bank loans receivable
Risk rating
Pass$441,180 $360,239 $346,484 $256,165 $124,993 $308,060 $68,910 $4,458 $1,910,489 
Other Loan Especially Mentioned15,374 — 5,879 1,957 4,459 1,787 876 — 30,332 
Substandard1,381 16 344 1,961 4,000 — 212 — 7,914 
Doubtful— — — — — — — — — 
Total community bank loans$457,935 $360,255 $352,707 $260,083 $133,452 $309,847 $69,998 $4,458 $1,948,735 
Year-to-date gross charge-offs$29 $15 $— $— $— $13 $— $— $57 
The following tables present the loans in CCBX based on payment activity for the periods indicated:
Term Loans Amortized Cost Basis by Origination Year
CCBX20262025202420232022PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of March 31, 2026
Commercial and industrial loans - Capital
call lines
Payment performance
Performing$— $— $— $— $— $— $176,384 $— $176,384 
Nonperforming— — — — — — — — — 
Total commercial and industrial loans - Capital
   call lines		$— $— $— $— $— $— $176,384 $— $176,384 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Commercial and industrial loans - All other
commercial and industrial loans
Payment performance
Performing$— $— $9,570 $1,519 $— $2 $10,016 $— $21,107 
Nonperforming— — 317 31 — — 337 — 685 
Total commercial and industrial loans - All
   other commercial and industrial loans		$— $— $9,887 $1,550 $— $2 $10,353 $— $21,792 
Year-to-date gross charge-offs$— $— $732 $135 $— $— $279 $— $1,146 
Real estate loans - Residential real estate loans
Payment performance
Performing$— $— $— $— $— $— $262,105 $1,691 $263,796 
Nonperforming— — — — — — 2,241 — 2,241 
Total real estate loans - Residential real estate
   loans		$— $— $— $— $— $— $264,346 $1,691 $266,037 
Year-to-date gross charge-offs$— $— $— $— $— $— $705 $— $705 
Term Loans Amortized Cost Basis by Origination Year
CCBX20262025202420232022PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of March 31, 2026
Consumer and other loans - Credit cards
Payment performance
Performing$— $— $— $— $— $— $644,813 $26 $644,839 
Nonperforming— — — — — — 48,646 — 48,646 
Total consumer and other loans - Credit cards$— $— $— $— $— $— $693,459 $26 $693,485 
Year-to-date gross charge-offs$— $— $— $— $— $— $25,465 $— $25,465 
Consumer and other loans - Other consumer
and other loans
Payment performance
Performing$194,706 $278,929 $136,795 $61,917 $18,080 $699 $24,597 $— $715,723 
Nonperforming879 3,706 3,822 1,986 494 49 284 — 11,220 
Total consumer and other loans - Other
   consumer and other loans		$195,585 $282,635 $140,617 $63,903 $18,574 $748 $24,881 $— $726,943 
Year-to-date gross charge-offs$18 $8,672 $8,267 $4,283 $903 $124 $4,938 $— $27,205 
Total CCBX loans receivable
Payment performance
Performing$194,706 $278,929 $146,365 $63,436 $18,080 $701 $1,117,915 $1,717 $1,821,849 
Nonperforming879 3,706 4,139 2,017 494 49 51,508 — 62,792 
Total CCBX loans$195,585 $282,635 $150,504 $65,453 $18,574 $750 $1,169,423 $1,717 $1,884,641 
Year-to-date gross charge-offs$18 $8,672 $8,999 $4,418 $903 $124 $31,387 $— $54,521 
Term Loans Amortized Cost Basis by Origination Year
CCBX20252024202320222021PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of December 31, 2025
Commercial and industrial loans - Capital call lines
Payment performance
Performing$— $— $— $— $— $— $210,480 $— $210,480 
Nonperforming— — — — — — — — — 
Total commercial and industrial loans - Capital
   call lines		$— $— $— $— $— $— $210,480 $— $210,480 
Year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 
Commercial and industrial loans - All other
commercial and industrial loans
Payment performance
Performing$— $15 $11,546 $1,903 $— $2 $4,919 $— $18,385 
Nonperforming— — 364 85 — — 332 — 781 
Total commercial and industrial loans - All other
    commercial and industrial loans		$— $15 $11,910 $1,988 $— $2 $5,251 $— $19,166 
Year-to-date gross charge-offs$— $18 $5,164 $817 $4 $4 $816 $— $6,823 
Real estate loans - Residential real estate loans
Payment performance
Performing$— $— $— $— $— $— $260,146 $1,952 $262,098 
Nonperforming— — — — — — 1,961 — 1,961 
Total real estate loans - Residential real estate
   loans		$— $— $— $— $— $— $262,107 $1,952 $264,059 
Year-to-date gross charge-offs$— $— $— $— $— $— $4,923 $— $4,923 
Term Loans Amortized Cost Basis by Origination Year
CCBX20252024202320222021PriorRevolving Loans Amortized Cost BasisRevolving Loans Converted To TermTotal
(dollars in thousands; unaudited)
As of December 31, 2025
Consumer and other loans - Credit cards
Payment performance
Performing$— $— $— $— $— $— $578,684 $28 $578,712 
Nonperforming— — — — — — 43,969 — 43,969 
Total consumer and other loans - Credit cards$— $— $— $— $— $— $622,653 $28 $622,681 
Year-to-date gross charge-offs$— $— $— $— $— $— $109,468 $— $109,468 
Consumer and other loans - Other consumer and other
loans
Payment performance
Performing$393,010 $168,728 $75,052 $22,104 $874 $89 $20,983 $— $680,840 
Nonperforming2,336 3,870 3,416 818 126 10 292 — 10,868 
Total consumer and other loans - Other
   consumer and other loans		$395,346 $172,598 $78,468 $22,922 $1,000 $99 $21,275 $— $691,708 
Year-to-date gross charge-offs$9,522 $36,940 $23,660 $7,840 $734 $2 $17,220 $— $95,918 
Total CCBX loans receivable
Payment performance
Performing$393,010 $168,743 $86,598 $24,007 $874 $91 $1,075,212 $1,980 $1,750,515 
Nonperforming2,336 3,870 3,780 903 126 10 46,554 — 57,579 
Total CCBX loans$395,346 $172,613 $90,378 $24,910 $1,000 $101 $1,121,766 $1,980 $1,808,094 
Year-to-date gross charge-offs$9,522 $36,958 $28,824 $8,657 $738 $6 $132,427 $— $217,132 
Summary of Allocation of Allowance for Loan Loss as well as Activity in Allowance for Loan Loss Attributed to Various Segments in Loan
The following tables summarize the allocation of the ACL, as well as the activity in the ACL attributed to various segments in the loan portfolio, as of and for the three months ended March 31, 2026 and for the three months ended March 31, 2025:
Commercial
and
Industrial 		Construction,
Land, and
Land
Development		Residential
Real
Estate 		Commercial
Real Estate 		Consumer
and Other		Total
(dollars in thousands; unaudited)
Three Months Ended March 31, 2026
ACL balance, December 31, 2025
$8,757 $6,580 $11,100 $5,496 $137,597 $169,530 
Provision for credit losses or (recapture)(45)(479)(1,909)514 54,403 52,484 
8,712 6,101 9,191 6,010 192,000 222,014 
Loans charged-off(1,146)— (705)— (52,672)(54,523)
Recoveries of loans previously charged-off162 — 12 — 4,762 4,936 
Net charge-offs(984)— (693)— (47,910)(49,587)
ACL balance, March 31, 2026
$7,728 $6,101 $8,498 $6,010 $144,090 $172,427 
      
Three Months Ended March 31, 2025      
ACL balance, December 31, 2024$11,051 $3,439 $12,250 $8,456 $141,798 $176,994 
Provision for credit losses or (recapture)566 1,092 2,796 (350)50,280 54,384 
 11,617 4,531 15,046 8,106 192,078 231,378 
Loans charged-off(1,907)— (1,605)— (50,174)(53,686)
Recoveries of loans previously charged-off356 — 2 4 5,124 5,486 
Net (charge-offs) recoveries(1,551)— (1,603)4 (45,050)(48,200)
ACL Balance, March 31, 2025
$10,066 $4,531 $13,443 $8,110 $147,028 $183,178 
There was a provision recapture for unfunded commitments of $1.3 million for the three months ended March 31, 2026, compared to a provision for unfunded commitments of $613,000 for the three months ended March 31, 2025. There was a provision for accrued interest receivable on CCBX loans of $11,000 for the three months ended March 31, 2026, compared to $784,000 for the three months ended March 31, 2025, and a provision for accounts receivable of $252,000 for the months ended March 31, 2026 with no such provision for the three months ended March 31, 2025.
The following tables present the collateral dependent loans, which are individually evaluated to determine expected credit losses, and the related ACL allocated to these loans as of the dates indicated:
Real EstateBusiness AssetsTotalACL
(dollars in thousands; unaudited)
March 31, 2026
Commercial and industrial loans$— $94 $94 $94 
Real estate loans:
Residential real estate37 — 37 — 
Commercial real estate4,344 — 4,344 — 
Total$4,381 $94 $4,475 $94 
Real EstateBusiness AssetsTotalACL
(dollars in thousands; unaudited)
December 31, 2025
Commercial and industrial loans$— $190 $190 $93 
Real estate loans:
Residential real estate$39 $— $39 $— 
Commercial real estate4,344 — 4,344 — 
Total$4,383 $190 $4,573 $93 
v3.26.1
Deposits (Tables)
 3 Months Ended
Mar. 31, 2026
Deposits [Abstract]  
Composition of Consolidated Deposits
The composition of consolidated deposits consisted of the following at the periods indicated:
March 31,
2026		December 31,
2025
(dollars in thousands; unaudited)
Demand, noninterest bearing$579,161 $579,616 
Interest bearing demand and money market4,128,511 3,450,679 
Savings321,295 101,616 
Total core deposits5,028,967 4,131,911 
Other deposits1 1 
Time deposits less than $250,0008,121 8,229 
Time deposits $250,000 and over4,075 4,058 
Total deposits$5,041,164 $4,144,199 
Schedule of Maturity Distribution of Time Deposits
The following table presents the maturity distribution of time deposits as of March 31, 2026:
(dollars in thousands; unaudited)As of March 31, 2026
Twelve months$9,235 
One to two years1,620 
Two to three years555 
Three to four years180 
Four to five years606 
$12,196 
v3.26.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Summary of Minimum Annual Lease Payments under Lease Terms
The following table presents the minimum annual lease payments under the terms of these leases, inclusive of renewal options that the Company is reasonably certain to renew, at March 31, 2026:
OperatingFinance
(dollars in thousands; unaudited)March 31,
2026		March 31,
2026
 April 1 to December 31, 2026
$945 $18 
20271,136 — 
2028716 — 
2029459 — 
2030413 — 
2031 and thereafter
1,869 — 
Total lease payments5,538 18 
Less: amounts representing interest756 — 
Present value of lease liabilities$4,782 $18 
Summary of Components of Total Lease Expense and Operating Cash Flows
The following table presents the components of total lease expense, including finance lease costs and operating cash flows for the three months ended March 31, 2026 and 2025:
Three Months Ended
March 31,
2026		March 31,
2025
(dollars in thousands; unaudited)
Lease expense:
Operating lease expense (1)
$310 $251 
Variable lease expense109 99 
Finance lease cost
Right-of-use amortization (2)
9 9 
Interest expense (3)
— 1 
Total lease expense$428 $360 
Cash paid:  
Cash paid from operating leases$423 $354 
Cash paid from finance leases$9 $9 
(1)Included in net occupancy expense and in the Condensed Consolidated Statements of Income (unaudited).
(2)Included in other expense in the Condensed Consolidated Statements of Income (unaudited).
(3)Included in interest on borrowed funds Condensed Consolidated Statements of Income (unaudited).
v3.26.1
Stock-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Option Activity
A summary of stock option activity under the 2018 Plan and 2006 Plan during the three months ended March 31, 2026:
OptionsNumber of Shares Weighted-
Average
Exercise
Price		Weighted-
Average
Remaining
Contractual
Term (Years)		Aggregate
Intrinsic Value
(dollars in thousands, except per share amounts; unaudited)
Outstanding at December 31, 2025
118,881$10.10 2.1$12,422 
Granted—— 
Exercised(50,296)9.17 $3,367 
Expired—— 
Forfeited—— 
Outstanding at March 31, 2026
68,585$10.78 2.1$4,480 
Vested at March 31, 2026
29,240$10.49 2.0$1,918 
Exercisable at March 31, 2026
29,240$10.49 2.0$1,918 
Summary of Nonvested RSUs
A summary of the Company’s nonvested RSUs at March 31, 2026 and changes during the three month period is presented below:
Nonvested shares - RSUsNumber of SharesWeighted-
Average
Grant Date
Fair
Value
(dollars in thousands, except per share amounts; unaudited)
Nonvested shares at December 31, 2025
476,302$51.93 
Granted48,977$82.22 
Forfeited or expired(2,749)$54.16 
Vested(66,275)$41.46 
Nonvested shares at March 31, 2026
456,255$56.77 
A summary of the Company’s nonvested RSAs at March 31, 2026 and changes during the three-month period is presented below:
Nonvested shares - RSAsNumber of SharesWeighted-
Average
Grant Date
Fair
Value
(dollars in thousands, except per share amounts; unaudited)
Nonvested shares at December 31, 2025
10,039$87.19 
Granted—$— 
Forfeited—$— 
Vested—$— 
Nonvested shares at March 31, 2026
10,039$87.19 
v3.26.1
Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Summary of Estimated Fair Values of Financial Instruments
The following tables present estimated fair values of the Company’s financial instruments as of the period indicated, whether or not recognized or recorded in the consolidated balance sheets at the period indicated:
March 31, 2026Fair Value Measurements Using
Carrying
Value		Estimated
Fair Value		Level 1Level 2Level 3
(dollars in thousands; unaudited)
Financial assets
Cash and due from banks$52,695 $52,695 $52,695 $— $— 
Interest earning deposits with other banks1,442,772 1,442,772 1,442,772 — — 
Investment securities46,169 46,411 — 46,411 — 
Other investments14,023 14,023 — 12,202 1,821 
Loans held for sale124,039 124,039 — 124,039 
Loans receivable3,859,379 3,738,084 — — 3,738,084 
Accrued interest receivable20,139 20,139 — 20,139 — 
Financial liabilities
Deposits$5,041,164 5,018,459 $— $5,018,459 $— 
Subordinated debt44,480 44,167 — 44,167 — 
Junior subordinated debentures3,594 3,633 — 3,633 — 
Accrued interest payable2,665 2,665 — 2,665 — 
December 31, 2025Fair Value Measurements Using
Carrying
Value		Estimated
Fair Value		Level 1Level 2Level 3
(dollars in thousands; unaudited)
Financial assets
Cash and due from banks$34,241 $34,241 $34,241 $— $— 
Interest earning deposits with other banks702,729 702,729 702,729 — — 
Investment securities48,247 48,742 — 48,742 — 
Other investments12,837 12,837 — 10,666 2,171 
Loans held for sale71,216 71,216 — 71,216 
Loans receivable, net3,749,531 3,738,084 — — 3,738,084 
Accrued interest receivable18,613 18,613 — 18,613 — 
Financial liabilities     
Deposits$4,144,199 $4,130,842 $— $4,130,842 $— 
Subordinated debt44,443 44,132 — 44,132 — 
Junior subordinated debentures3,593 3,719 — 3,719 — 
Accrued interest payable1,435 1,435 — 1,435 — 
Summary of Assets Measured at Fair Value on Recurring Basis
Items measured at fair value on a recurring basis – The following fair value hierarchy table presents information about the Company’s assets that are measured at fair value on a recurring basis at the dates indicated:
Level 1Level 2Level 3Total
Fair Value
(dollars in thousands; unaudited)
March 31, 2026
Available-for-sale
U.S. Agency collateralized mortgage obligations$— $28 $— $28 
$— $28 $— $28 
December 31, 2025
Available-for-sale
U.S. Agency collateralized mortgage obligations$— $29 $— $29 
$— $29 $— $29 
Summary of Financial Assets and Liabilities Measured at Fair Value on Nonrecurring Basis
Items measured at Level 3 fair value on a nonrecurring basis – The following table presents financial assets and liabilities measured at fair value on a nonrecurring basis that are classified within Level 3 of the fair value hierarchy at the dates indicated:
Level 1Level 2Level 3Total
Fair Value
(dollars in thousands; unaudited)
March 31, 2026
Collateral dependent loans$— $— $— $— 
Equity securities$— $— $1,821 $1,821 
Total$— $— $1,821 $1,821 
December 31, 2025
Collateral dependent loans$— $— $97 $97 
Equity securities— — 2,171 2,171 
Total$— $— $2,268 $2,268 
Summary of Carrying Value of Equity Securities Without Readily Determinable Fair Values
The following table presents the carrying value of equity securities without readily determinable fair values, as of March 31, 2026, with adjustments recorded during the periods presented for those securities with observable price changes, if applicable. These equity securities are included in other investments on the balance sheet.
•The Company had a $1.8 million and $2.2 million equity interest in a specialized bank technology company as of the quarters ended March 31, 2026 and 2025, respectively.
•The Company had a $350,000 equity interest in a technology company as of the quarters ended March 31, 2026 and 2025.
•The Company had a $500,000 equity interest in financial technology company as of the quarter ended March 31, 2026. This was a new equity investment, so there was no equity interest at March 31, 2025.
•The Company had a $42,000 and $47,000 equity interest in a technology company as of the quarters ended March 31, 2026 and 2025, respectively.
For the Three Months Ended
March 31,
(dollars in thousands; unaudited)20262025
Carrying value, beginning of period$2,171 $2,619 
Purchases500 — 
Observable price change— — 
Carrying value, end of period$2,671 $2,619 
Summary of Assets and Liabilities Classified as Level 3 and Measured at Fair Value on Nonrecurring Basis
The following table provides a description of the valuation technique, unobservable inputs, and qualitative information about the unobservable inputs for the Company’s assets and liabilities classified as Level 3 and measured at fair value on a nonrecurring basis at the date indicated:
(unaudited)Valuation TechniqueUnobservable Inputs
March 31, 2026
Weighted
Average Rate
December 31, 2025
Weighted
Average Rate
Collateral dependent loansCollateral valuationsDiscount to appraised value8.3%8.1%
v3.26.1
Earnings Per Common Share (Tables)
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Common Share
The following is a computation of basic and diluted earnings per common share at the periods indicated:
Three Months Ended
March 31, 2026March 31, 2025
(dollars in thousands, except earnings per share data; unaudited)
Net Income$12,019 $9,730 
Basic weighted average number common shares outstanding15,179,44714,962,507
Dilutive effect of equity-based awards243,375499,534
Diluted weighted average number common shares outstanding
15,422,82215,462,041
Basic earnings per share$0.79 $0.65 
Diluted earnings per share$0.78 $0.63 
Antidilutive stock options and restricted stock outstanding142,5532,269
v3.26.1
Segment Reporting (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Summary of Financial Information of Reportable Segments and Reconciliation to Consolidated Financial Results
Summarized financial information concerning the Company's reportable segments and the reconciliation to the consolidated financial results is shown in the following tables for the periods indicated:
March 31, 2026December 31, 2025
Community BankCCBXTreasury & AdministrationConsolidatedCommunity BankCCBXTreasury & AdministrationConsolidated
Assets(dollars in thousands; unaudited)
Cash and Due from Banks$4,454 $1,441 $1,489,572 $1,495,467 $4,243 $750 $731,977 $736,970 
Intrabank assets— 1,417,932 (1,417,932)— — 633,600 (633,600)— 
Securities— — 46,169 46,169 — — 48,247 48,247 
Loans held for sale— 124,039 — 124,039 — 71,216 — 71,216 
Total loans receivable1,975,255 1,884,124 — 3,859,379 1,941,979 1,807,552 — 3,749,531 
Allowance for credit losses
(18,153)(154,274)— (172,427)(18,231)(151,299)— (169,530)
All other assets29,503 240,799 40,900 311,202 29,809 235,137 40,057 305,003 
Total assets$1,991,059 $3,514,061 $158,709 $5,663,829 $1,957,800 $2,596,956 $186,681 $4,741,437 
Liabilities0
Total deposits$1,572,942 $3,468,222 $— $5,041,164 $1,586,359 $2,557,840 $— $4,144,199 
Total borrowings— — 48,074 48,074 — — 48,036 48,036 
Intrabank liabilities413,278 — (413,278)— 366,216 — (366,216)— 
All other liabilities4,839 45,839 20,151 70,829 5,225 39,116 13,902 58,243 
Total liabilities$1,991,059 $3,514,061 $(345,053)$5,160,067 $1,957,800 $2,596,956 $(304,278)$4,250,478 
Three months ended March 31, 2026Three months ended March 31, 2025
Community BankCCBXTreasury & AdministrationConsolidatedCommunity Bank CCBX Treasury & AdministrationConsolidated
(dollars in thousands; unaudited)
INTEREST INCOME AND EXPENSE
Interest income$31,734 $71,153 $8,794 $111,681 $30,292 $67,855 $6,760 $104,907 
Interest (expense) income intrabank transfer(3,625)8,156 (4,531)— (3,909)6,085 (2,176)— 
Interest expense5,571 22,099 654 28,324 6,604 21,581 660 28,845 
Net interest income22,538 57,210 3,609 83,357 19,779 52,359 3,924 76,062 
Provision/(Recapture) for credit losses(542)51,940 — 51,398 507 55,274 — 55,781 
Net interest income/(expense) after provision for credit losses on loans and unfunded commitments23,080 5,270 3,609 31,959 19,272 (2,915)3,924 20,281 
NONINTEREST INCOME
Deposit service charges and fees818 32 — 850 860 — — 860 
Other income114 (4)426 536 156 — 542 698 
BaaS program income— 10,888 — 10,888 — 6,278 — 6,278 
BaaS indemnification income— 53,803 — 53,803 — 55,641 — 55,641 
Noninterest income932 64,719 426 66,077 1,016  61,919 542 63,477 
NONINTEREST EXPENSE
Salaries and employee benefits7,297 11,527 4,298 23,122 7,155 7,975 6,402 21,532 
Occupancy812 8 39 859 830 85 119 1,034 
Data processing and software licenses1,817 5,035 791 7,643 1,395 1,146 1,691 4,232 
Legal and professional expenses444 5,215 1,343 7,002 63 3,273 3,152 6,488 
Other expense1,012 2,949 866 4,827 910 1,626 1,667 4,203 
BaaS loan expense— 36,940 — 36,940 — 32,507 — 32,507 
BaaS fraud expense— 3,059 — 3,059 — 1,993 — 1,993 
Total noninterest expense11,382 64,733 7,337 83,452 10,353 48,605 13,031 71,989 
Net income/(loss) before income taxes12,630 5,256 (3,302)14,584 9,935 10,399 (8,565)11,769 
Income taxes1,918 1,218 (571)2,565 1,587 2,007 (1,555)2,039 
Net income/(loss)$10,712 $4,038 $(2,731)$12,019 $8,348 $8,392 $(7,010)$9,730 
v3.26.1
Description of Business and Summary of Significant Accounting Policies - Additional Information (Details)
 3 Months Ended
Mar. 31, 2026
segment
branch
Accounting Policies [Abstract]  
Number of reportable segments | segment 3
Number of branches | branch 14
v3.26.1
Investments Securities - Amortized Cost and Fair Values of Investments in Debt Securities (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Available-for-sale    
Amortized Cost $ 29 $ 30
Gross Unrealized Gains 0 0
Gross Unrealized Losses (1) (1)
Fair Value 28 29
Allowance for Credit Losses 0 0
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]    
Amortized Cost 46,141  
Fair Value 46,383  
Amortized Cost 46,170 48,248
Gross Unrealized Gains 549 710
Gross Unrealized Losses (308) (215)
Fair Value 46,411 48,742
Allowance for Credit Losses 0 0
U.S. Agency collateralized mortgage obligations    
Available-for-sale    
Amortized Cost 29 30
Gross Unrealized Gains 0 0
Gross Unrealized Losses (1) (1)
Fair Value 28 29
Allowance for Credit Losses 0 0
U.S. Agency residential mortgage-backed securities    
Debt Securities, Held-to-maturity, Fair Value to Amortized Cost [Abstract]    
Amortized Cost 46,141 48,218
Gross Unrealized Gains 549 710
Gross Unrealized Losses (307) (214)
Fair Value 46,383 48,713
Allowance for Credit Losses $ 0 $ 0
v3.26.1
Investments Securities - Amortized Cost and Fair Value of Debt Securities by Contractual Maturity (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Amortized Cost    
Amortized Cost $ 29 $ 30
Fair Value    
Fair Value 28 $ 29
Amortized Cost    
Amortized Cost 46,141  
Fair Value    
Fair Value 46,383  
U.S. Agency residential mortgage-backed securities and collateralized mortgage obligations    
Amortized Cost    
Without single maturity date 29  
Fair Value    
Without single maturity date 28  
Amortized Cost    
Without single maturity date 46,141  
Fair Value    
Without single maturity $ 46,383  
v3.26.1
Investments Securities - Additional Information (Details)
 3 Months Ended
Mar. 31, 2026
USD ($)
security
Mar. 31, 2025
USD ($)
Dec. 31, 2025
USD ($)
investment
Investments, Debt and Equity Securities [Abstract]      
Held-to-maturity securities, accrued interest $ 210,000   $ 219,000
Investment securities pledged to secure debt $ 42,200,000   $ 44,300,000
Number of securities matured | security 0    
Number of securities purchased | security 0    
Sale of securities $ 0 $ 0  
Number of securities in unrealized loss position 9   8
Gross unrealized losses for investment securities $ 308,000   $ 215,000
Maturity of time horizon 1 year    
v3.26.1
Investments Securities - Summary of Investment Securities Continuous Unrealized Loss Position (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss [Abstract]    
Available-for-sale, Less Than 12 Months, Fair Value $ 0 $ 0
Available-for-sale, Less Than 12 Months, Gross Unrealized Losses 0 0
Available-for-sale, 12 Months or Greater, Fair Value 28 29
Available-for-sale, 12 Months or Greater, Gross Unrealized Losses 1 1
Available-for-Sale, Total Fair Value 28 29
Available-for-Sale, Total Gross Unrealized Losses 1 1
Debt Securities, Held-to-Maturity, Unrealized Loss Position, Accumulated Loss [Abstract]    
Total investment securities, Less Than 12 Months, Fair Value 13,759 5,039
Total investment securities, Less Than 12 Months, Gross Unrealized Losses 220 95
Total investment securities, 12 Months or Greater, Fair Value 765 8,257
Total investment securities, 12 Months or Greater, Gross Unrealized Losses 88 120
Total investment securities, Total Fair Value 14,524 13,296
Total investment securities, Total Gross Unrealized Losses 308 215
U.S. Agency collateralized mortgage obligations    
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss [Abstract]    
Available-for-sale, Less Than 12 Months, Fair Value 0 0
Available-for-sale, Less Than 12 Months, Gross Unrealized Losses 0 0
Available-for-sale, 12 Months or Greater, Fair Value 28 29
Available-for-sale, 12 Months or Greater, Gross Unrealized Losses 1 1
Available-for-Sale, Total Fair Value 28 29
Available-for-Sale, Total Gross Unrealized Losses 1 1
U.S. Agency residential mortgage-backed securities    
Debt Securities, Held-to-Maturity, Unrealized Loss Position, Accumulated Loss [Abstract]    
Held-to-maturity, Less Than 12 Months, Fair Value 13,759 5,039
Held-to-maturity, Less Than 12 Months, Gross Unrealized Losses 220 95
Held-to-maturity, 12 Months or Greater, Fair Value 737 8,228
Held-to-maturity, 12 Months or Greater, Gross Unrealized Losses 87 119
Held-to-Maturity, Total Fair Value 14,496 13,267
Held-to-Maturity, Total Gross Unrealized Losses $ 307 $ 214
v3.26.1
Loans and Allowance for Credit Losses - Additional Information (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Financing Receivable, Allowance for Credit Loss [Line Items]        
Transfer from loans to loans held for sale $ 3,331,789 $ 766,149    
Loans held for sale 124,039   $ 71,216  
Accrued interest on loans 18,300   17,900  
Accrued interest on loans, allowance (627)   (616)  
Pledged loans 3,686,952   3,580,001  
Balance of SBA and USDA loans and participations sold and serviced 2,300   2,500  
Balance of main street lending program loans and participations serviced 23,100      
Purchased loans 4,400      
Unamortized premium 83   84  
Purchased participation loans 28,500   26,900  
90 Days or More Past Due and Still Accruing $ 35,199   33,144  
Threshold period for past due loans (in days) 90 days      
Accounts receivable, noncurrent, 90 days or more past due, still accruing     33,100  
Allowance for credit losses $ 172,427 183,178 169,530 $ 176,994
Loans receivable 3,859,379   3,749,531  
Gross loans receivable 3,866,474   3,756,829  
CCBX        
Financing Receivable, Allowance for Credit Loss [Line Items]        
90 Days or More Past Due and Still Accruing 35,199   33,144  
Provision (Recapture) For Unfunded Commitments 11 784    
Gross loans receivable 1,884,641   1,808,094  
Community Bank        
Financing Receivable, Allowance for Credit Loss [Line Items]        
90 Days or More Past Due and Still Accruing 0   0  
Gross loans receivable 1,981,833   1,948,735  
Owner-Occupied Real Estate        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Commercial real estate loans 375,500   374,700  
Non-Owner-Occupied Real Estate        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Commercial real estate loans 552,000   531,100  
Multi-Family Residential Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Commercial real estate loans 359,100   367,900  
Farmland Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Commercial real estate loans 14,000   12,200  
CCBX        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Accounts receivable, noncurrent, 90 days or more past due, amount covered by credit enhancements $ 34,200   30,900  
Company's responsibility for credit losses (in percent) 5.00%      
Loans receivable $ 324,000      
Amount of loans that company is responsible for credit loss $ 22,000      
Responsibility of partner, percentage 95.00%      
Revenue earned, percentage 100.00%      
Fraud losses, responsibility of partner, percentage 100.00%      
CCBX | Less Than 90 Days Past Due        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Nonaccrual loans $ 22,300   20,300  
Minimum        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Sustained repayment performance period of loan placed on nonaccrual 6 months      
Percentage of collateral coverage to loan balance 100.00%      
Loan repayment extended period of time 6 months      
Unfunded Loan Commitment        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Provision (Recapture) For Unfunded Commitments $ (1,300) 613    
Accounts Receivable        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Provision (Recapture) For Unfunded Commitments 252 0    
Asset Pledged as Collateral        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Pledged loans 891,400   895,500  
Commercial and industrial loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Capital call lines, provided to venture capital firms 176,400   210,500  
Balance of main street lending program loans and participations serviced 1,200      
Allowance for credit losses 7,728 10,066 8,757 11,051
Loans receivable 235,603   224,439  
Consumer and other loans:        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Overdrafts included in loans 27,500   16,900  
Allowance for credit losses 144,090 147,028 137,597 141,798
Loans receivable 11,587   14,072  
Gross loans receivable 1,432,015   1,328,461  
Consumer and other loans: | CCBX        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Gross loans receivable 726,943   691,708  
Consumer and other loans: | Community Bank        
Financing Receivable, Allowance for Credit Loss [Line Items]        
90 Days or More Past Due and Still Accruing 0   0  
Gross loans receivable 11,587   14,072  
Community Bank        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Overdrafts included in loans 9   10  
CCBX        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Overdrafts included in loans $ 27,400   16,800  
Threshold period for past due loans (in days) 180 days      
Consumer Portfolio Segment | Installment/Closed-End Consumer Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Threshold period for past due loans (in days) 120 days      
Consumer Portfolio Segment | Revolving/Open-End Consumer Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Threshold period for past due loans (in days) 180 days      
Commercial and industrial loans | Community Bank        
Financing Receivable, Allowance for Credit Loss [Line Items]        
90 Days or More Past Due and Still Accruing $ 0   0  
Gross loans receivable 235,603   224,439  
Construction, land and land development loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
90 Days or More Past Due and Still Accruing      
Allowance for credit losses 6,101 4,531 6,580 3,439
Gross loans receivable      
Construction, land and land development loans | Community Bank        
Financing Receivable, Allowance for Credit Loss [Line Items]        
90 Days or More Past Due and Still Accruing 0   0  
Gross loans receivable 234,911   222,075  
Real Estate Portfolio Segment | Commercial real estate loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Allowance for credit losses 6,010 $ 8,110 5,496 $ 8,456
Loans receivable 1,300,547   1,285,856  
Real Estate Portfolio Segment | Commercial real estate loans | Community Bank        
Financing Receivable, Allowance for Credit Loss [Line Items]        
90 Days or More Past Due and Still Accruing 0   0  
Gross loans receivable 1,300,547   1,285,856  
CCBX Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Transfer from loans to loans held for sale 3,330,000      
Proceeds from sales of loans held for sale 3,280,000      
Consumer and other loans 1,420,000   1,310,000  
Commercial and industrial loans 1,800   2,300  
Residential real estate loans 266,000   264,100  
CCBX Loans | Commercial and industrial loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Gross loans receivable 198,200   229,600  
CCBX Loans | Consumer Loan        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Purchased loans 129,400   134,900  
Consumer and other loans 127,600   132,600  
Credit cards        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Proceeds from sales of loans held for sale 2,630,000      
Capital call lines        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Commercial and industrial loans 176,400   210,500  
Unsecured C C B X Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Commercial and industrial loans $ 21,800   $ 19,200  
v3.26.1
Loans and Allowance for Credit Losses - Composition of Loan Portfolio (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Gross loans receivable $ 3,866,474 $ 3,756,829
Financing Receivable, Unamortized Loan Cost (Fee) and Purchase Premium (Discount) (7,095) (7,298)
Loans receivable 3,859,379 3,749,531
Construction, land and land development loans    
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Gross loans receivable  
Real Estate Portfolio Segment | Residential real estate loans    
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Loans receivable 199,185 202,293
Real Estate Portfolio Segment | Commercial real estate loans    
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Loans receivable 1,300,547 1,285,856
Consumer and other loans:    
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Gross loans receivable 1,432,015 1,328,461
Loans receivable 11,587 14,072
Community Bank    
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Gross loans receivable 1,981,833 1,948,735
Community Bank | Commercial and industrial loans    
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Gross loans receivable 235,603 224,439
Community Bank | Construction, land and land development loans    
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Gross loans receivable 234,911 222,075
Community Bank | Real Estate Portfolio Segment | Residential real estate loans    
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Gross loans receivable 199,185 202,293
Community Bank | Real Estate Portfolio Segment | Commercial real estate loans    
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Gross loans receivable 1,300,547 1,285,856
Community Bank | Consumer and other loans:    
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Gross loans receivable 11,587 14,072
CCBX    
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Gross loans receivable 1,884,641 1,808,094
CCBX | Commercial and industrial loans | Capital call lines    
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Gross loans receivable 176,384 210,480
CCBX | Commercial and industrial loans | All other commercial & industrial loans    
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Gross loans receivable 21,792 19,166
CCBX | Real Estate Portfolio Segment | Residential real estate loans    
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Gross loans receivable 266,037 264,059
CCBX | Consumer and other loans:    
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Gross loans receivable 726,943 691,708
CCBX | Consumer and other loans: | Credit cards    
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]    
Gross loans receivable $ 693,485 $ 622,681
v3.26.1
Loans and Allowance for Credit Losses - Breakdown of Consumer Loan Portfolio by Segment and Type of Loan (Details)
 3 Months Ended 6 Months Ended
Mar. 31, 2026
USD ($)
loan
Jun. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
loan
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable $ 3,866,474,000   $ 3,756,829,000
CCBX      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable 1,884,641,000   1,808,094,000
Community Bank      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable 1,981,833,000   1,948,735,000
Consumer and other loans:      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable $ 1,432,015,000   $ 1,328,461,000
% of Total Outstanding Balance Consumer Loans 100.00%   100.00%
Average Loan Balance $ 700 $ 809  
Number of Loans | loan 2,085,173   1,642,431
Consumer and other loans: | CCBX      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable $ 726,943,000   $ 691,708,000
Consumer and other loans: | CCBX | Installment Loans - Cash Secured      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable $ 174,036,000   $ 162,072,000
% of Total Outstanding Balance Consumer Loans 12.20%   12.20%
Consumer and other loans: | CCBX | Installment Loans - Unsecured      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable $ 495,508,000   $ 502,767,000
% of Total Outstanding Balance Consumer Loans 34.60%   37.80%
Consumer and other loans: | CCBX | Installment Loans - Total      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable $ 669,544,000   $ 664,839,000
% of Total Outstanding Balance Consumer Loans 46.80%   50.00%
Average Loan Balance $ 700 800  
Number of Loans | loan 1,026,896   864,638
Consumer and other loans: | CCBX | Credit Cards - Cash Secured      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable $ 398,000   $ 56,000
% of Total Outstanding Balance Consumer Loans 0.00%   0.00%
Consumer and other loans: | CCBX | Credit Cards - Unsecured      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable $ 693,087,000   $ 622,625,000
% of Total Outstanding Balance Consumer Loans 48.40%   46.90%
Consumer and other loans: | CCBX | Credit Cards - Total      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable $ 693,485,000   $ 622,681,000
% of Total Outstanding Balance Consumer Loans 48.40%   46.90%
Average Loan Balance $ 1,500 1,400  
Number of Loans | loan 456,317   435,236
Consumer and other loans: | CCBX | Lines Of Credit      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable $ 29,956,000   $ 10,027,000
% of Total Outstanding Balance Consumer Loans 2.10%   0.80%
Average Loan Balance $ 100 100  
Number of Loans | loan 303,549   89,736
Consumer and other loans: | CCBX | Consumer, Other      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable $ 27,443,000   $ 16,842,000
% of Total Outstanding Balance Consumer Loans 1.90%   1.30%
Average Loan Balance $ 100 100  
Number of Loans | loan 297,989   252,381
Consumer and other loans: | Community Bank      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable $ 11,587,000   $ 14,072,000
Consumer and other loans: | Community Bank | Installment Loans - Total      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable $ 1,088,000   $ 3,010,000
% of Total Outstanding Balance Consumer Loans 0.10%   0.20%
Average Loan Balance $ 43,500 111,500  
Number of Loans | loan 25   27
Consumer and other loans: | Community Bank | Lines Of Credit      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable $ 163,000   $ 140,000
% of Total Outstanding Balance Consumer Loans 0.00%   0.00%
Average Loan Balance $ 5,300 4,500  
Number of Loans | loan 31   31
Consumer and other loans: | Community Bank | Consumer, Other      
Financing Receivable, Allowance for Credit Loss [Line Items]      
Gross loans receivable $ 10,336,000   $ 10,922,000
% of Total Outstanding Balance Consumer Loans 0.70%   0.80%
Average Loan Balance $ 28,200 $ 28,600  
Number of Loans | loan 366   382
v3.26.1
Loans and Allowance for Credit Losses - Summary of an Age Analysis of Past Due Loans (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable $ 3,866,474 $ 3,756,829
90 Days or More Past Due and Still Accruing 35,199 33,144
Financing Receivable, Unamortized Loan Cost (Fee) and Purchase Premium (Discount) (7,095) (7,298)
Loans receivable 3,859,379 3,749,531
30-89 Days Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 80,147 70,683
90 Days or More Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 44,958 43,739
Total Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 125,105 114,422
Current    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 3,741,369 3,642,407
Construction, land and land development loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable  
90 Days or More Past Due and Still Accruing  
Construction, land and land development loans | 30-89 Days Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable  
Construction, land and land development loans | 90 Days or More Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable  
Construction, land and land development loans | Total Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable  
Construction, land and land development loans | Current    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable  
Real Estate Portfolio Segment | Residential real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Loans receivable 199,185 202,293
Real Estate Portfolio Segment | Commercial real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Loans receivable 1,300,547 1,285,856
Consumer and other loans:    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 1,432,015 1,328,461
Loans receivable 11,587 14,072
Community Bank    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 1,981,833 1,948,735
90 Days or More Past Due and Still Accruing 0 0
Community Bank | 30-89 Days Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 608 544
Community Bank | 90 Days or More Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 4,438 6,414
Community Bank | Total Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 5,046 6,958
Community Bank | Current    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 1,976,787 1,941,777
Community Bank | Commercial and industrial loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 235,603 224,439
90 Days or More Past Due and Still Accruing 0 0
Community Bank | Commercial and industrial loans | 30-89 Days Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 500 150
Community Bank | Commercial and industrial loans | 90 Days or More Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 94 2,070
Community Bank | Commercial and industrial loans | Total Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 594 2,220
Community Bank | Commercial and industrial loans | Current    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 235,009 222,219
Community Bank | Construction, land and land development loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 234,911 222,075
90 Days or More Past Due and Still Accruing 0 0
Community Bank | Construction, land and land development loans | 30-89 Days Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 0 0
Community Bank | Construction, land and land development loans | 90 Days or More Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 0 0
Community Bank | Construction, land and land development loans | Total Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 0 0
Community Bank | Construction, land and land development loans | Current    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 234,911 222,075
Community Bank | Real Estate Portfolio Segment | Residential real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 199,185 202,293
90 Days or More Past Due and Still Accruing 0 0
Community Bank | Real Estate Portfolio Segment | Commercial real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 1,300,547 1,285,856
90 Days or More Past Due and Still Accruing 0 0
Community Bank | Real Estate Portfolio Segment | 30-89 Days Past Due | Residential real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 0 286
Community Bank | Real Estate Portfolio Segment | 30-89 Days Past Due | Commercial real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 106 107
Community Bank | Real Estate Portfolio Segment | 90 Days or More Past Due | Residential real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 0 0
Community Bank | Real Estate Portfolio Segment | 90 Days or More Past Due | Commercial real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 4,344 4,344
Community Bank | Real Estate Portfolio Segment | Total Past Due | Residential real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 0 286
Community Bank | Real Estate Portfolio Segment | Total Past Due | Commercial real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 4,450 4,451
Community Bank | Real Estate Portfolio Segment | Current | Residential real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 199,185 202,007
Community Bank | Real Estate Portfolio Segment | Current | Commercial real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 1,296,097 1,281,405
Community Bank | Consumer and other loans:    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 11,587 14,072
90 Days or More Past Due and Still Accruing 0 0
Community Bank | Consumer and other loans: | 30-89 Days Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 2 1
Community Bank | Consumer and other loans: | 90 Days or More Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 0 0
Community Bank | Consumer and other loans: | Total Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 2 1
Community Bank | Consumer and other loans: | Current    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 11,585 14,071
CCBX    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 1,884,641 1,808,094
90 Days or More Past Due and Still Accruing 35,199 33,144
CCBX | 30-89 Days Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 79,539 70,139
CCBX | 90 Days or More Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 40,520 37,325
CCBX | Total Past Due    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 120,059 107,464
CCBX | Current    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 1,764,582 1,700,630
CCBX | Commercial and industrial loans | Capital call lines    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 176,384 210,480
90 Days or More Past Due and Still Accruing 0 0
CCBX | Commercial and industrial loans | CCBX Other Commercial and Industrial Loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 21,792 19,166
90 Days or More Past Due and Still Accruing 604 654
CCBX | Commercial and industrial loans | 30-89 Days Past Due | Capital call lines    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 0 0
CCBX | Commercial and industrial loans | 30-89 Days Past Due | CCBX Other Commercial and Industrial Loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 1,005 1,075
CCBX | Commercial and industrial loans | 90 Days or More Past Due | Capital call lines    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 0 0
CCBX | Commercial and industrial loans | 90 Days or More Past Due | CCBX Other Commercial and Industrial Loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 604 654
CCBX | Commercial and industrial loans | Total Past Due | Capital call lines    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 0 0
CCBX | Commercial and industrial loans | Total Past Due | CCBX Other Commercial and Industrial Loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 1,609 1,729
CCBX | Commercial and industrial loans | Current | Capital call lines    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 176,384 210,480
CCBX | Commercial and industrial loans | Current | CCBX Other Commercial and Industrial Loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 20,183 17,437
CCBX | Real Estate Portfolio Segment | Residential real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 266,037 264,059
90 Days or More Past Due and Still Accruing 2,241 1,961
CCBX | Real Estate Portfolio Segment | 30-89 Days Past Due | Residential real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 2,469 3,125
CCBX | Real Estate Portfolio Segment | 90 Days or More Past Due | Residential real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 2,241 1,961
CCBX | Real Estate Portfolio Segment | Total Past Due | Residential real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 4,710 5,086
CCBX | Real Estate Portfolio Segment | Current | Residential real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 261,327 258,973
CCBX | Consumer and other loans:    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 726,943 691,708
CCBX | Consumer and other loans: | Credit cards    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 693,485 622,681
90 Days or More Past Due and Still Accruing 24,149 22,536
CCBX | Consumer and other loans: | Other Consumer and Other Loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 726,943 691,708
90 Days or More Past Due and Still Accruing 8,205 7,993
CCBX | Consumer and other loans: | 30-89 Days Past Due | Credit cards    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 28,977 27,752
CCBX | Consumer and other loans: | 30-89 Days Past Due | Other Consumer and Other Loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 47,088 38,187
CCBX | Consumer and other loans: | 90 Days or More Past Due | Credit cards    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 29,437 26,632
CCBX | Consumer and other loans: | 90 Days or More Past Due | Other Consumer and Other Loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 8,238 8,078
CCBX | Consumer and other loans: | Total Past Due | Credit cards    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 58,414 54,384
CCBX | Consumer and other loans: | Total Past Due | Other Consumer and Other Loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 55,326 46,265
CCBX | Consumer and other loans: | Current | Credit cards    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable 635,071 568,297
CCBX | Consumer and other loans: | Current | Other Consumer and Other Loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Gross loans receivable $ 671,617 $ 645,443
v3.26.1
Loans and Allowance for Credit Losses - Analysis of Nonaccrual Loans by Category (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Financing Receivable Recorded Investment Past Due [Line Items]    
Total Nonaccrual $ 32,421 $ 30,968
Nonaccrual with No ACL 4,734 6,440
Nonaccrual with ACL 27,687 24,528
Community Bank    
Financing Receivable Recorded Investment Past Due [Line Items]    
Total Nonaccrual 4,828 6,533
Nonaccrual with No ACL 4,734 6,440
Nonaccrual with ACL 94 93
Community Bank | Commercial and industrial loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Total Nonaccrual 170 2,151
Nonaccrual with No ACL 76 2,058
Nonaccrual with ACL 94 93
Community Bank | Real Estate Portfolio Segment | Residential real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Total Nonaccrual 314 38
Nonaccrual with No ACL 314 38
Nonaccrual with ACL 0 0
Community Bank | Real Estate Portfolio Segment | Commercial real estate loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Total Nonaccrual 4,344 4,344
Nonaccrual with No ACL 4,344 4,344
Nonaccrual with ACL 0 0
CCBX    
Financing Receivable Recorded Investment Past Due [Line Items]    
Total Nonaccrual 27,593 24,435
Nonaccrual with No ACL 0 0
Nonaccrual with ACL 27,593 24,435
CCBX | Commercial and industrial loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Total Nonaccrual 81 127
Nonaccrual with No ACL 0 0
Nonaccrual with ACL 81 127
CCBX | Consumer and other loans: | Credit cards    
Financing Receivable Recorded Investment Past Due [Line Items]    
Total Nonaccrual 24,497 21,433
Nonaccrual with No ACL 0 0
Nonaccrual with ACL 24,497 21,433
CCBX | Consumer and other loans: | Consumer and other consumer loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Total Nonaccrual 3,015 2,875
Nonaccrual with No ACL 0 0
Nonaccrual with ACL $ 3,015 $ 2,875
v3.26.1
Loans and Allowance for Credit Losses - Loans Experiencing Financial Difficulty and Modified (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Financing Receivable, Modified [Line Items]    
Additional amount committed to lend $ 23  
CCBX    
Financing Receivable, Modified [Line Items]    
Total $ 54,380 $ 52,732
Total Class of Financing Receivable 1.41% 1.41%
Weighted Average Interest Rate Reduction 14.10% 14.40%
Weighted Average Term Extension (years) 2 years 1 month 6 days 2 years
Total $ 35,049 $ 38,895
CCBX | Commercial and industrial loans | CCBX Other Commercial and Industrial Loans    
Financing Receivable, Modified [Line Items]    
Total $ 627 $ 767
Total Class of Financing Receivable 2.88% 4.00%
Weighted Average Interest Rate Reduction 0.00% 0.00%
Weighted Average Term Extension (years) 2 years 4 months 24 days 2 years
Total $ 137 $ 632
CCBX | Consumer and other loans: | Credit cards    
Financing Receivable, Modified [Line Items]    
Total $ 48,317 $ 47,031
Total Class of Financing Receivable 6.97% 7.55%
Weighted Average Interest Rate Reduction 14.10% 14.40%
Total $ 33,965 $ 34,341
CCBX | Consumer and other loans: | Other Consumer and Other Loans    
Financing Receivable, Modified [Line Items]    
Total $ 5,436 $ 4,934
Total Class of Financing Receivable 0.75% 0.71%
Weighted Average Interest Rate Reduction 0.00% 0.00%
Weighted Average Term Extension (years) 2 years 2 years
Total $ 947 $ 3,922
CCBX | Principal Forgiveness    
Financing Receivable, Modified [Line Items]    
Total 13,526 13,780
Total 17,153 15,190
Total 11,987 12,339
CCBX | Principal Forgiveness | 30-89 Days Past Due    
Financing Receivable, Modified [Line Items]    
Total 8,952 9,347
CCBX | Principal Forgiveness | 90 Days or More Past Due    
Financing Receivable, Modified [Line Items]    
Total 8,279 7,463
CCBX | Principal Forgiveness | Total Past Due    
Financing Receivable, Modified [Line Items]    
Total 17,231 16,810
CCBX | Principal Forgiveness | Commercial and industrial loans | CCBX Other Commercial and Industrial Loans    
Financing Receivable, Modified [Line Items]    
Total 0 0
Total 218 224
Total 0 0
CCBX | Principal Forgiveness | Commercial and industrial loans | CCBX Other Commercial and Industrial Loans | 30-89 Days Past Due    
Financing Receivable, Modified [Line Items]    
Total 103 199
CCBX | Principal Forgiveness | Commercial and industrial loans | CCBX Other Commercial and Industrial Loans | 90 Days or More Past Due    
Financing Receivable, Modified [Line Items]    
Total 26 28
CCBX | Principal Forgiveness | Commercial and industrial loans | CCBX Other Commercial and Industrial Loans | Total Past Due    
Financing Receivable, Modified [Line Items]    
Total 129 227
CCBX | Principal Forgiveness | Consumer and other loans: | Credit cards    
Financing Receivable, Modified [Line Items]    
Total 13,526 13,780
Total 9,291 9,062
Total 11,987 12,339
CCBX | Principal Forgiveness | Consumer and other loans: | Credit cards | 30-89 Days Past Due    
Financing Receivable, Modified [Line Items]    
Total 8,280 8,403
CCBX | Principal Forgiveness | Consumer and other loans: | Credit cards | 90 Days or More Past Due    
Financing Receivable, Modified [Line Items]    
Total 8,153 7,114
CCBX | Principal Forgiveness | Consumer and other loans: | Credit cards | Total Past Due    
Financing Receivable, Modified [Line Items]    
Total 16,433 15,517
CCBX | Principal Forgiveness | Consumer and other loans: | Other Consumer and Other Loans    
Financing Receivable, Modified [Line Items]    
Total 0 0
Total 7,644 5,904
Total 0 0
CCBX | Principal Forgiveness | Consumer and other loans: | Other Consumer and Other Loans | 30-89 Days Past Due    
Financing Receivable, Modified [Line Items]    
Total 569 745
CCBX | Principal Forgiveness | Consumer and other loans: | Other Consumer and Other Loans | 90 Days or More Past Due    
Financing Receivable, Modified [Line Items]    
Total 100 321
CCBX | Principal Forgiveness | Consumer and other loans: | Other Consumer and Other Loans | Total Past Due    
Financing Receivable, Modified [Line Items]    
Total 669 1,066
CCBX | Term Extension    
Financing Receivable, Modified [Line Items]    
Total 3,603 4,850
Total 806 3,895
CCBX | Term Extension | Commercial and industrial loans | CCBX Other Commercial and Industrial Loans    
Financing Receivable, Modified [Line Items]    
Total 609 763
Total 137 628
CCBX | Term Extension | Consumer and other loans: | Credit cards    
Financing Receivable, Modified [Line Items]    
Total 0 0
Total 0 0
CCBX | Term Extension | Consumer and other loans: | Other Consumer and Other Loans    
Financing Receivable, Modified [Line Items]    
Total 2,994 4,087
Total 669 3,267
CCBX | Interest Rate Reduction    
Financing Receivable, Modified [Line Items]    
Total 32,489 32,566
Total 21,457 21,798
CCBX | Interest Rate Reduction | Commercial and industrial loans | CCBX Other Commercial and Industrial Loans    
Financing Receivable, Modified [Line Items]    
Total 0 0
Total 0 0
CCBX | Interest Rate Reduction | Consumer and other loans: | Credit cards    
Financing Receivable, Modified [Line Items]    
Total 32,489 32,566
Total 21,457 21,798
CCBX | Interest Rate Reduction | Consumer and other loans: | Other Consumer and Other Loans    
Financing Receivable, Modified [Line Items]    
Total 0 0
Total 0 0
CCBX | Principal Forgiveness & Payment Delay    
Financing Receivable, Modified [Line Items]    
Total 2,428 836
Total 263 644
CCBX | Principal Forgiveness & Payment Delay | Commercial and industrial loans | CCBX Other Commercial and Industrial Loans    
Financing Receivable, Modified [Line Items]    
Total 18 4
Total 0 4
CCBX | Principal Forgiveness & Payment Delay | Consumer and other loans: | Credit cards    
Financing Receivable, Modified [Line Items]    
Total 0 0
Total 0 0
CCBX | Principal Forgiveness & Payment Delay | Consumer and other loans: | Other Consumer and Other Loans    
Financing Receivable, Modified [Line Items]    
Total 2,410 832
Total 263 640
CCBX | Interest Rate Reduction And Payment Delay    
Financing Receivable, Modified [Line Items]    
Total 2,302  
Total 521  
CCBX | Interest Rate Reduction And Payment Delay | Commercial and industrial loans | CCBX Other Commercial and Industrial Loans    
Financing Receivable, Modified [Line Items]    
Total 0  
Total 0  
CCBX | Interest Rate Reduction And Payment Delay | Consumer and other loans: | Credit cards    
Financing Receivable, Modified [Line Items]    
Total 2,302  
Total 521  
CCBX | Interest Rate Reduction And Payment Delay | Consumer and other loans: | Other Consumer and Other Loans    
Financing Receivable, Modified [Line Items]    
Total 0  
Total 0  
CCBX | Principal Forgiveness, Payment Delay & Term Extension    
Financing Receivable, Modified [Line Items]    
Total 32 15
Total 15 15
CCBX | Principal Forgiveness, Payment Delay & Term Extension | Commercial and industrial loans | CCBX Other Commercial and Industrial Loans    
Financing Receivable, Modified [Line Items]    
Total 0 0
Total 0 0
CCBX | Principal Forgiveness, Payment Delay & Term Extension | Consumer and other loans: | Credit cards    
Financing Receivable, Modified [Line Items]    
Total 0 0
Total 0 0
CCBX | Principal Forgiveness, Payment Delay & Term Extension | Consumer and other loans: | Other Consumer and Other Loans    
Financing Receivable, Modified [Line Items]    
Total 32 15
Total $ 15 15
CCBX | Extended Maturity and Interest Rate Reduction    
Financing Receivable, Modified [Line Items]    
Total   685
Total   204
CCBX | Extended Maturity and Interest Rate Reduction | Commercial and industrial loans | CCBX Other Commercial and Industrial Loans    
Financing Receivable, Modified [Line Items]    
Total   0
Total   0
CCBX | Extended Maturity and Interest Rate Reduction | Consumer and other loans: | Credit cards    
Financing Receivable, Modified [Line Items]    
Total   685
Total   204
CCBX | Extended Maturity and Interest Rate Reduction | Consumer and other loans: | Other Consumer and Other Loans    
Financing Receivable, Modified [Line Items]    
Total   0
Total   $ 0
v3.26.1
Loans and Allowance for Credit Losses - Summary of Risk Category of Loans by Class of Loans (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2026
Jun. 30, 2025
Dec. 31, 2025
Financing Receivable, Credit Quality Indicator [Line Items]      
Loans receivable $ 3,859,379   $ 3,749,531
Total Community Bank Loans Portfolio Segment      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 88,688   457,935
2023, current period gross write-offs 2 $ 29  
2025 342,790   360,255
2022, current period gross write-offs 0 15  
2024 118,052   352,707
2021, current period gross write-offs 0 0  
2023 329,440   260,083
2020, current period gross write-offs 0 0  
2022 343,073   133,452
2019, current period gross write-offs 0 0  
Prior 678,705   309,847
Prior, current period gross write-offs 0 13  
Revolving Loans Amortized Cost Basis 76,693   69,998
Revolving Loans Amortized Cost Basis, current period gross write-offs 0 0  
Revolving Loans Converted To Term 4,392   4,458
Revolving Loans Converted To Term, current period gross write-offs 0   0
Loans receivable 1,981,833   1,948,735
Total, current period gross write-offs 2   57
Total Community Bank Loans Portfolio Segment | Pass [Member]      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 88,643   441,180
2025 342,790   360,239
2024 101,278   346,484
2023 329,424   256,165
2022 336,841   124,993
Prior 668,751   308,060
Revolving Loans Amortized Cost Basis 76,076   68,910
Revolving Loans Converted To Term 4,392   4,458
Loans receivable 1,948,195   1,910,489
Total Community Bank Loans Portfolio Segment | Other Loan Especially Mentioned      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 45   15,374
2025 0   0
2024 15,393   5,879
2023 0   1,957
2022 5,612   4,459
Prior 5,954   1,787
Revolving Loans Amortized Cost Basis 425   876
Revolving Loans Converted To Term 0   0
Loans receivable 27,429   30,332
Total Community Bank Loans Portfolio Segment | Substandard      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   1,381
2025 0   16
2024 1,381   344
2023 16   1,961
2022 620   4,000
Prior 4,000   0
Revolving Loans Amortized Cost Basis 192   212
Revolving Loans Converted To Term 0   0
Loans receivable 6,209   7,914
Total Community Bank Loans Portfolio Segment | Doubtful [Member]      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   0
2023 0   0
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 0   0
Revolving Loans Converted To Term 0   0
Loans receivable 0   0
Commercial and industrial loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 21,405   131,644
2023, current period gross write-offs 0 0  
2025 115,178   8,913
2022, current period gross write-offs 0 0  
2024 6,956   33,940
2021, current period gross write-offs 0 0  
2023 8,312   12,240
2020, current period gross write-offs 0 0  
2022 33,035   3,605
2019, current period gross write-offs 0 0  
Prior 18,714   5,363
Prior, current period gross write-offs 0 0  
Revolving Loans Amortized Cost Basis 29,794   26,478
Revolving Loans Amortized Cost Basis, current period gross write-offs 0 0  
Revolving Loans Converted To Term 2,209   2,256
Revolving Loans Converted To Term, current period gross write-offs 0   0
Loans receivable 235,603   224,439
Total, current period gross write-offs 0   0
Commercial and industrial loans | Pass [Member]      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 21,360   131,644
2025 115,178   8,897
2024 6,956   33,940
2023 8,296   10,279
2022 32,986   2,389
Prior 17,499   5,363
Revolving Loans Amortized Cost Basis 29,480   25,929
Revolving Loans Converted To Term 2,209   2,256
Loans receivable 233,964   220,697
Commercial and industrial loans | Other Loan Especially Mentioned      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 45   0
2025 0   0
2024 0   0
2023 0   0
2022 49   1,216
Prior 1,215   0
Revolving Loans Amortized Cost Basis 159   375
Revolving Loans Converted To Term 0   0
Loans receivable 1,468   1,591
Commercial and industrial loans | Substandard      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   16
2024 0   0
2023 16   1,961
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 155   174
Revolving Loans Converted To Term 0   0
Loans receivable 171   2,151
Commercial and industrial loans | Doubtful [Member]      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   0
2023 0   0
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 0   0
Revolving Loans Converted To Term 0   0
Loans receivable 0   0
Real Estate Portfolio Segment | Construction, land and land development loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 3,872   139,810
2023, current period gross write-offs 0 0  
2025 115,782   67,584
2022, current period gross write-offs 0 0  
2024 39,206   6,838
2021, current period gross write-offs 0 0  
2023 61,474   2,370
2020, current period gross write-offs 0 0  
2022 6,774   239
2019, current period gross write-offs 0 0  
Prior 4,301   1,732
Prior, current period gross write-offs 0 0  
Revolving Loans Amortized Cost Basis 3,502   3,502
Revolving Loans Amortized Cost Basis, current period gross write-offs 0 0  
Revolving Loans Converted To Term 0   0
Revolving Loans Converted To Term, current period gross write-offs 0   0
Loans receivable 234,911   222,075
Total, current period gross write-offs 0   0
Real Estate Portfolio Segment | Construction, land and land development loans | Pass [Member]      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 3,872   139,810
2025 115,782   67,584
2024 39,206   6,838
2023 61,474   1,715
2022 6,774   239
Prior 4,058   1,732
Revolving Loans Amortized Cost Basis 3,502   3,502
Revolving Loans Converted To Term 0   0
Loans receivable 234,668   221,420
Real Estate Portfolio Segment | Construction, land and land development loans | Other Loan Especially Mentioned      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   0
2023 0   655
2022 0   0
Prior 243   0
Revolving Loans Amortized Cost Basis 0   0
Revolving Loans Converted To Term 0   0
Loans receivable 243   655
Real Estate Portfolio Segment | Construction, land and land development loans | Substandard      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   0
2023 0   0
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 0   0
Revolving Loans Converted To Term 0   0
Loans receivable 0   0
Real Estate Portfolio Segment | Construction, land and land development loans | Doubtful [Member]      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   0
2023 0   0
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 0   0
Revolving Loans Converted To Term 0   0
Loans receivable 0   0
Real Estate Portfolio Segment | Residential real estate loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 3,882   29,962
2023, current period gross write-offs 0 0  
2025 16,982   24,678
2022, current period gross write-offs 0 0  
2024 11,413   35,497
2021, current period gross write-offs 0 0  
2023 24,500   34,525
2020, current period gross write-offs 0 0  
2022 27,980   23,262
2019, current period gross write-offs 0 0  
Prior 80,583   25,146
Prior, current period gross write-offs 0 13  
Revolving Loans Amortized Cost Basis 33,435   28,809
Revolving Loans Amortized Cost Basis, current period gross write-offs 0 0  
Revolving Loans Converted To Term 410   414
Revolving Loans Converted To Term, current period gross write-offs 0   0
Loans receivable 199,185   202,293
Total, current period gross write-offs 0   13
Real Estate Portfolio Segment | Residential real estate loans | Pass [Member]      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 3,882   28,581
2025 16,982   24,678
2024 10,032   35,211
2023 24,500   34,525
2022 27,704   23,262
Prior 80,583   25,146
Revolving Loans Amortized Cost Basis 33,132   28,270
Revolving Loans Converted To Term 410   414
Loans receivable 197,225   200,087
Real Estate Portfolio Segment | Residential real estate loans | Other Loan Especially Mentioned      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   286
2023 0   0
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 266   501
Revolving Loans Converted To Term 0   0
Loans receivable 266   787
Real Estate Portfolio Segment | Residential real estate loans | Substandard      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   1,381
2025 0   0
2024 1,381   0
2023 0   0
2022 276   0
Prior 0   0
Revolving Loans Amortized Cost Basis 37   38
Revolving Loans Converted To Term 0   0
Loans receivable 1,694   1,419
Real Estate Portfolio Segment | Residential real estate loans | Doubtful [Member]      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   0
2023 0   0
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 0   0
Revolving Loans Converted To Term 0   0
Loans receivable 0   0
Real Estate Portfolio Segment | Commercial real estate loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 59,131   153,993
2023, current period gross write-offs 0 0  
2025 94,566   259,048
2022, current period gross write-offs 0 0  
2024 60,388   269,038
2021, current period gross write-offs 0 0  
2023 235,126   210,948
2020, current period gross write-offs 0 0  
2022 268,041   106,140
2019, current period gross write-offs 0 0  
Prior 572,201   274,896
Prior, current period gross write-offs 0 0  
Revolving Loans Amortized Cost Basis 9,321   10,005
Revolving Loans Amortized Cost Basis, current period gross write-offs 0 0  
Revolving Loans Converted To Term 1,773   1,788
Revolving Loans Converted To Term, current period gross write-offs 0   0
Loans receivable 1,300,547   1,285,856
Total, current period gross write-offs 0   0
Real Estate Portfolio Segment | Commercial real estate loans | Pass [Member]      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 59,131   138,619
2025 94,566   259,048
2024 44,995   263,101
2023 235,126   209,646
2022 262,134   98,897
Prior 563,705   273,109
Revolving Loans Amortized Cost Basis 9,321   10,005
Revolving Loans Converted To Term 1,773   1,788
Loans receivable 1,270,751   1,254,213
Real Estate Portfolio Segment | Commercial real estate loans | Other Loan Especially Mentioned      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   15,374
2025 0   0
2024 15,393   5,593
2023 0   1,302
2022 5,563   3,243
Prior 4,496   1,787
Revolving Loans Amortized Cost Basis 0   0
Revolving Loans Converted To Term 0   0
Loans receivable 25,452   27,299
Real Estate Portfolio Segment | Commercial real estate loans | Substandard      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   344
2023 0   0
2022 344   4,000
Prior 4,000   0
Revolving Loans Amortized Cost Basis 0   0
Revolving Loans Converted To Term 0   0
Loans receivable 4,344   4,344
Real Estate Portfolio Segment | Commercial real estate loans | Doubtful [Member]      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   0
2023 0   0
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 0   0
Revolving Loans Converted To Term 0   0
Loans receivable 0   0
Consumer and other loans:      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 398   2,526
2023, current period gross write-offs 2 29  
2025 282   32
2022, current period gross write-offs 0 15  
2024 89   7,394
2021, current period gross write-offs 0 0  
2023 28   0
2020, current period gross write-offs 0 0  
2022 7,243   206
2019, current period gross write-offs 0 0  
Prior 2,906   2,710
Prior, current period gross write-offs 0 0  
Revolving Loans Amortized Cost Basis 641   1,204
Revolving Loans Amortized Cost Basis, current period gross write-offs 0 $ 0  
Revolving Loans Converted To Term 0   0
Revolving Loans Converted To Term, current period gross write-offs 0   0
Loans receivable 11,587   14,072
Total, current period gross write-offs 2   44
Consumer and other loans: | Pass [Member]      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 398   2,526
2025 282   32
2024 89   7,394
2023 28   0
2022 7,243   206
Prior 2,906   2,710
Revolving Loans Amortized Cost Basis 641   1,204
Revolving Loans Converted To Term 0   0
Loans receivable 11,587   14,072
Consumer and other loans: | Other Loan Especially Mentioned      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   0
2023 0   0
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 0   0
Revolving Loans Converted To Term 0   0
Loans receivable 0   0
Consumer and other loans: | Substandard      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   0
2023 0   0
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 0   0
Revolving Loans Converted To Term 0   0
Loans receivable 0   0
Consumer and other loans: | Doubtful [Member]      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   0
2023 0   0
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 0   0
Revolving Loans Converted To Term 0   0
Loans receivable $ 0   $ 0
v3.26.1
Loans and Allowance for Credit Losses - Summary of Amortized Cost of CCBX Loans (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2026
Jun. 30, 2025
Dec. 31, 2025
Financing Receivable, Credit Quality Indicator [Line Items]      
Loans receivable $ 3,859,379   $ 3,749,531
Total CCBX Loans | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 195,585   395,346
2023, current period gross write-offs 18 $ 9,522  
2025 282,635   172,613
2022, current period gross write-offs 8,672 36,958  
2024 150,504   90,378
2021, current period gross write-offs 8,999 28,824  
2023 65,453   24,910
2020, current period gross write-offs 4,418 8,657  
2022 18,574   1,000
2019, current period gross write-offs 903 738  
Prior 750   101
Prior, current period gross write-offs 124 6  
Revolving Loans Amortized Cost Basis 1,169,423   1,121,766
Revolving Loans Amortized Cost Basis, current period gross write-offs 31,387 132,427  
Revolving Loans Converted To Term 1,717   1,980
Revolving Loans Converted To Term, current period gross write-offs 0   0
Loans receivable 1,884,641   1,808,094
Total, current period gross write-offs 54,521   217,132
Commercial and industrial loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 21,405   131,644
2023, current period gross write-offs 0 0  
2025 115,178   8,913
2022, current period gross write-offs 0 0  
2024 6,956   33,940
2021, current period gross write-offs 0 0  
2023 8,312   12,240
2020, current period gross write-offs 0 0  
2022 33,035   3,605
2019, current period gross write-offs 0 0  
Prior 18,714   5,363
Prior, current period gross write-offs 0 0  
Revolving Loans Amortized Cost Basis 29,794   26,478
Revolving Loans Amortized Cost Basis, current period gross write-offs 0 0  
Revolving Loans Converted To Term 2,209   2,256
Revolving Loans Converted To Term, current period gross write-offs 0   0
Loans receivable 235,603   224,439
Total, current period gross write-offs 0   0
Commercial and industrial loans | Capital call lines | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2023, current period gross write-offs 0 0  
2025 0   0
2022, current period gross write-offs 0 0  
2024 0   0
2021, current period gross write-offs 0 0  
2023 0   0
2020, current period gross write-offs 0 0  
2022 0   0
2019, current period gross write-offs 0 0  
Prior 0   0
Prior, current period gross write-offs 0 0  
Revolving Loans Amortized Cost Basis 176,384   210,480
Revolving Loans Amortized Cost Basis, current period gross write-offs 0 0  
Revolving Loans Converted To Term 0   0
Revolving Loans Converted To Term, current period gross write-offs 0   0
Loans receivable 176,384   210,480
Total, current period gross write-offs 0   0
Commercial and industrial loans | CCBX Other Commercial and Industrial Loans | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2023, current period gross write-offs 0 0  
2025 0   15
2022, current period gross write-offs 0 18  
2024 9,887   11,910
2021, current period gross write-offs 732 5,164  
2023 1,550   1,988
2020, current period gross write-offs 135 817  
2022 0   0
2019, current period gross write-offs 0 4  
Prior 2   2
Prior, current period gross write-offs 0 4  
Revolving Loans Amortized Cost Basis 10,353   5,251
Revolving Loans Amortized Cost Basis, current period gross write-offs 279 816  
Revolving Loans Converted To Term 0   0
Revolving Loans Converted To Term, current period gross write-offs 0   0
Loans receivable 21,792   19,166
Total, current period gross write-offs 1,146   6,823
Real Estate Portfolio Segment | Residential real estate loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 3,882   29,962
2023, current period gross write-offs 0 0  
2025 16,982   24,678
2022, current period gross write-offs 0 0  
2024 11,413   35,497
2021, current period gross write-offs 0 0  
2023 24,500   34,525
2020, current period gross write-offs 0 0  
2022 27,980   23,262
2019, current period gross write-offs 0 0  
Prior 80,583   25,146
Prior, current period gross write-offs 0 13  
Revolving Loans Amortized Cost Basis 33,435   28,809
Revolving Loans Amortized Cost Basis, current period gross write-offs 0 0  
Revolving Loans Converted To Term 410   414
Revolving Loans Converted To Term, current period gross write-offs 0   0
Loans receivable 199,185   202,293
Total, current period gross write-offs 0   13
Real Estate Portfolio Segment | Residential real estate loans | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2023, current period gross write-offs 0 0  
2025 0   0
2022, current period gross write-offs 0 0  
2024 0   0
2021, current period gross write-offs 0 0  
2023 0   0
2020, current period gross write-offs 0 0  
2022 0   0
2019, current period gross write-offs 0 0  
Prior 0   0
Prior, current period gross write-offs 0 0  
Revolving Loans Amortized Cost Basis 264,346   262,107
Revolving Loans Amortized Cost Basis, current period gross write-offs 705 4,923  
Revolving Loans Converted To Term 1,691   1,952
Revolving Loans Converted To Term, current period gross write-offs 0   0
Loans receivable 266,037   264,059
Total, current period gross write-offs 705   4,923
Consumer and other loans:      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 398   2,526
2023, current period gross write-offs 2 29  
2025 282   32
2022, current period gross write-offs 0 15  
2024 89   7,394
2021, current period gross write-offs 0 0  
2023 28   0
2020, current period gross write-offs 0 0  
2022 7,243   206
2019, current period gross write-offs 0 0  
Prior 2,906   2,710
Prior, current period gross write-offs 0 0  
Revolving Loans Amortized Cost Basis 641   1,204
Revolving Loans Amortized Cost Basis, current period gross write-offs 0 0  
Revolving Loans Converted To Term 0   0
Revolving Loans Converted To Term, current period gross write-offs 0   0
Loans receivable 11,587   14,072
Total, current period gross write-offs 2   44
Consumer and other loans: | Credit cards | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2023, current period gross write-offs 0 0  
2025 0   0
2022, current period gross write-offs 0 0  
2024 0   0
2021, current period gross write-offs 0 0  
2023 0   0
2020, current period gross write-offs 0 0  
2022 0   0
2019, current period gross write-offs 0 0  
Prior 0   0
Prior, current period gross write-offs 0 0  
Revolving Loans Amortized Cost Basis 693,459   622,653
Revolving Loans Amortized Cost Basis, current period gross write-offs 25,465 109,468  
Revolving Loans Converted To Term 26   28
Revolving Loans Converted To Term, current period gross write-offs 0   0
Loans receivable 693,485   622,681
Total, current period gross write-offs 25,465   109,468
Consumer and other loans: | Other Consumer and Other Loans | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 195,585   395,346
2023, current period gross write-offs 18 9,522  
2025 282,635   172,598
2022, current period gross write-offs 8,672 36,940  
2024 140,617   78,468
2021, current period gross write-offs 8,267 23,660  
2023 63,903   22,922
2020, current period gross write-offs 4,283 7,840  
2022 18,574   1,000
2019, current period gross write-offs 903 734  
Prior 748   99
Prior, current period gross write-offs 124 2  
Revolving Loans Amortized Cost Basis 24,881   21,275
Revolving Loans Amortized Cost Basis, current period gross write-offs 4,938 $ 17,220  
Revolving Loans Converted To Term 0   0
Revolving Loans Converted To Term, current period gross write-offs 0   0
Loans receivable 726,943   691,708
Total, current period gross write-offs 27,205   95,918
Performing Financial Instruments | Total CCBX Loans | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 194,706   393,010
2025 278,929   168,743
2024 146,365   86,598
2023 63,436   24,007
2022 18,080   874
Prior 701   91
Revolving Loans Amortized Cost Basis 1,117,915   1,075,212
Revolving Loans Converted To Term 1,717   1,980
Loans receivable 1,821,849   1,750,515
Performing Financial Instruments | Commercial and industrial loans | Capital call lines | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   0
2023 0   0
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 176,384   210,480
Revolving Loans Converted To Term 0   0
Loans receivable 176,384   210,480
Performing Financial Instruments | Commercial and industrial loans | CCBX Other Commercial and Industrial Loans | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   15
2024 9,570   11,546
2023 1,519   1,903
2022 0   0
Prior 2   2
Revolving Loans Amortized Cost Basis 10,016   4,919
Revolving Loans Converted To Term 0   0
Loans receivable 21,107   18,385
Performing Financial Instruments | Real Estate Portfolio Segment | Residential real estate loans | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   0
2023 0   0
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 262,105   260,146
Revolving Loans Converted To Term 1,691   1,952
Loans receivable 263,796   262,098
Performing Financial Instruments | Consumer and other loans: | Credit cards | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   0
2023 0   0
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 644,813   578,684
Revolving Loans Converted To Term 26   28
Loans receivable 644,839   578,712
Performing Financial Instruments | Consumer and other loans: | Other Consumer and Other Loans | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 194,706   393,010
2025 278,929   168,728
2024 136,795   75,052
2023 61,917   22,104
2022 18,080   874
Prior 699   89
Revolving Loans Amortized Cost Basis 24,597   20,983
Revolving Loans Converted To Term 0   0
Loans receivable 715,723   680,840
Nonperforming Financial Instruments | Total CCBX Loans | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 879   2,336
2025 3,706   3,870
2024 4,139   3,780
2023 2,017   903
2022 494   126
Prior 49   10
Revolving Loans Amortized Cost Basis 51,508   46,554
Revolving Loans Converted To Term 0   0
Loans receivable 62,792   57,579
Nonperforming Financial Instruments | Commercial and industrial loans | Capital call lines | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   0
2023 0   0
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 0   0
Revolving Loans Converted To Term 0   0
Loans receivable 0   0
Nonperforming Financial Instruments | Commercial and industrial loans | CCBX Other Commercial and Industrial Loans | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 317   364
2023 31   85
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 337   332
Revolving Loans Converted To Term 0   0
Loans receivable 685   781
Nonperforming Financial Instruments | Real Estate Portfolio Segment | Residential real estate loans | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   0
2023 0   0
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 2,241   1,961
Revolving Loans Converted To Term 0   0
Loans receivable 2,241   1,961
Nonperforming Financial Instruments | Consumer and other loans: | Credit cards | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 0   0
2025 0   0
2024 0   0
2023 0   0
2022 0   0
Prior 0   0
Revolving Loans Amortized Cost Basis 48,646   43,969
Revolving Loans Converted To Term 0   0
Loans receivable 48,646   43,969
Nonperforming Financial Instruments | Consumer and other loans: | Other Consumer and Other Loans | CCBX Loans      
Financing Receivable, Credit Quality Indicator [Line Items]      
2026 879   2,336
2025 3,706   3,870
2024 3,822   3,416
2023 1,986   818
2022 494   126
Prior 49   10
Revolving Loans Amortized Cost Basis 284   292
Revolving Loans Converted To Term 0   0
Loans receivable $ 11,220   $ 10,868
v3.26.1
Loans and Allowance for Credit Losses - Summary of Loans by Credit Quality Risk Rating (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Loans And Leases Receivable Disclosure [Line Items]    
Gross loans receivable $ 3,866,474 $ 3,756,829
Financing Receivable, Unamortized Loan Cost (Fee) and Purchase Premium (Discount) (7,095) (7,298)
Loans receivable 3,859,379 3,749,531
Commercial and industrial loans    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 235,603 224,439
Construction, land and land development loans    
Loans And Leases Receivable Disclosure [Line Items]    
Gross loans receivable  
Real Estate Portfolio Segment | Residential real estate loans    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 199,185 202,293
Real Estate Portfolio Segment | Commercial real estate loans    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 1,300,547 1,285,856
Consumer and other loans:    
Loans And Leases Receivable Disclosure [Line Items]    
Gross loans receivable 1,432,015 1,328,461
Loans receivable 11,587 14,072
Pass [Member] | Commercial and industrial loans    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 233,964 220,697
Pass [Member] | Real Estate Portfolio Segment | Residential real estate loans    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 197,225 200,087
Pass [Member] | Real Estate Portfolio Segment | Commercial real estate loans    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 1,270,751 1,254,213
Pass [Member] | Consumer and other loans:    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 11,587 14,072
Substandard [Member] | Commercial and industrial loans    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 171 2,151
Substandard [Member] | Real Estate Portfolio Segment | Residential real estate loans    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 1,694 1,419
Substandard [Member] | Real Estate Portfolio Segment | Commercial real estate loans    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 4,344 4,344
Substandard [Member] | Consumer and other loans:    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 0 0
Doubtful [Member] | Commercial and industrial loans    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 0 0
Doubtful [Member] | Real Estate Portfolio Segment | Residential real estate loans    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 0 0
Doubtful [Member] | Real Estate Portfolio Segment | Commercial real estate loans    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 0 0
Doubtful [Member] | Consumer and other loans:    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 0 0
Other Loan Especially Mentioned | Commercial and industrial loans    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 1,468 1,591
Other Loan Especially Mentioned | Real Estate Portfolio Segment | Residential real estate loans    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 266 787
Other Loan Especially Mentioned | Real Estate Portfolio Segment | Commercial real estate loans    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable 25,452 27,299
Other Loan Especially Mentioned | Consumer and other loans:    
Loans And Leases Receivable Disclosure [Line Items]    
Loans receivable $ 0 $ 0
v3.26.1
Loans and Allowance for Credit Losses - Summary of Allocation of Allowance for Loan Loss as well as Activity in Allowance for Loan Loss Attributed to Various Segments in Loan (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]      
ALLL beginning balance $ 169,530 $ 176,994  
Provision for credit losses or (recapture) 52,484 54,384  
Loans receivable allowance including provision losses or (recapture) 222,014 231,378  
Loans charged-off (54,523) (53,686)  
Recoveries of loans previously charged-off 4,936 5,486  
Net charge-offs (49,587) (48,200)  
Ending ALLL Balance 172,427 183,178  
Gross loans receivable 3,866,474   $ 3,756,829
Commercial and industrial loans      
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]      
ALLL beginning balance 8,757 11,051  
Provision for credit losses or (recapture) (45) 566  
Loans receivable allowance including provision losses or (recapture) 8,712 11,617  
Loans charged-off (1,146) (1,907)  
Recoveries of loans previously charged-off 162 356  
Net charge-offs (984) (1,551)  
Ending ALLL Balance 7,728 10,066  
Construction, land and land development loans      
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]      
ALLL beginning balance 6,580 3,439  
Provision for credit losses or (recapture) (479) 1,092  
Loans receivable allowance including provision losses or (recapture) 6,101 4,531  
Loans charged-off 0 0  
Recoveries of loans previously charged-off 0 0  
Net charge-offs 0 0  
Ending ALLL Balance 6,101 4,531  
Gross loans receivable    
Real Estate Portfolio Segment | Residential real estate loans      
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]      
ALLL beginning balance 11,100 12,250  
Provision for credit losses or (recapture) (1,909) 2,796  
Loans receivable allowance including provision losses or (recapture) 9,191 15,046  
Loans charged-off (705) (1,605)  
Recoveries of loans previously charged-off 12 2  
Net charge-offs (693) (1,603)  
Ending ALLL Balance 8,498 13,443  
Real Estate Portfolio Segment | Commercial real estate loans      
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]      
ALLL beginning balance 5,496 8,456  
Provision for credit losses or (recapture) 514 (350)  
Loans receivable allowance including provision losses or (recapture) 6,010 8,106  
Loans charged-off 0 0  
Recoveries of loans previously charged-off 0 4  
Net charge-offs 0 4  
Ending ALLL Balance 6,010 8,110  
Consumer and other loans:      
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]      
ALLL beginning balance 137,597 141,798  
Provision for credit losses or (recapture) 54,403 50,280  
Loans receivable allowance including provision losses or (recapture) 192,000 192,078  
Loans charged-off (52,672) (50,174)  
Recoveries of loans previously charged-off 4,762 5,124  
Net charge-offs (47,910) (45,050)  
Ending ALLL Balance 144,090 $ 147,028  
Gross loans receivable $ 1,432,015   $ 1,328,461
v3.26.1
Loans and Allowance for Credit Losses - Summary of Collateral Dependent Loans (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Dec. 31, 2024
Financing Receivable, Allowance for Credit Loss [Line Items]        
Allowance for credit losses $ (172,427) $ (169,530) $ (183,178) $ (176,994)
Collateral Dependent Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Loans individually evaluted for credit losses 4,475 4,573    
Allowance for credit losses (94) (93)    
Real Estate | Collateral Dependent Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Loans individually evaluted for credit losses 4,381 4,383    
Business Assets | Collateral Dependent Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Loans individually evaluted for credit losses 94 190    
Commercial and industrial loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Allowance for credit losses (7,728) (8,757) (10,066) (11,051)
Commercial and industrial loans | Collateral Dependent Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Loans individually evaluted for credit losses 94 190    
Allowance for credit losses (94) (93)    
Commercial and industrial loans | Real Estate | Collateral Dependent Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Loans individually evaluted for credit losses 0 0    
Commercial and industrial loans | Business Assets | Collateral Dependent Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Loans individually evaluted for credit losses 94 190    
Real Estate Portfolio Segment | Residential real estate loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Allowance for credit losses (8,498) (11,100) (13,443) (12,250)
Real Estate Portfolio Segment | Residential real estate loans | Collateral Dependent Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Loans individually evaluted for credit losses 37 39    
Allowance for credit losses 0 0    
Real Estate Portfolio Segment | Residential real estate loans | Real Estate | Collateral Dependent Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Loans individually evaluted for credit losses 37 39    
Real Estate Portfolio Segment | Residential real estate loans | Business Assets | Collateral Dependent Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Loans individually evaluted for credit losses 0 0    
Real Estate Portfolio Segment | Commercial real estate loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Allowance for credit losses (6,010) (5,496) (8,110) (8,456)
Real Estate Portfolio Segment | Commercial real estate loans | Collateral Dependent Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Loans individually evaluted for credit losses 4,344 4,344    
Allowance for credit losses 0 0    
Real Estate Portfolio Segment | Commercial real estate loans | Real Estate | Collateral Dependent Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Loans individually evaluted for credit losses 4,344 4,344    
Real Estate Portfolio Segment | Commercial real estate loans | Business Assets | Collateral Dependent Loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Loans individually evaluted for credit losses 0 0    
Construction, land and land development loans        
Financing Receivable, Allowance for Credit Loss [Line Items]        
Allowance for credit losses $ (6,101) $ (6,580) $ (4,531) $ (3,439)
v3.26.1
Deposits - Composition of Consolidated Deposits (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Deposits [Abstract]    
Demand, noninterest bearing $ 579,161 $ 579,616
Interest bearing demand and money market 4,128,511 3,450,679
Savings 321,295 101,616
Total core deposits 5,028,967 4,131,911
Other deposits 1 1
Time deposits less than $250,000 8,121 8,229
Time deposits $250,000 and over 4,075 4,058
Total deposits $ 5,041,164 $ 4,144,199
v3.26.1
Deposits - Schedule of Maturity Distribution of Time Deposits (Details)
$ in Thousands
Mar. 31, 2026
USD ($)
Time Deposits, Fiscal Year Maturity [Abstract]  
Twelve months $ 9,235
One to two years 1,620
Two to three years 555
Three to four years 180
Four to five years 606
Total time deposits $ 12,196
v3.26.1
Deposits - Additional Information (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Deposit Liability [Line Items]    
Deposits $ 5,041,164 $ 4,144,199
Reciprocal NOW and Money Market Accounts    
Deposit Liability [Line Items]    
Deposits $ 462,500 $ 460,300
v3.26.1
Leases - Additional Information (Details) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Lessee Lease Description [Line Items]    
Operating lease, weighted average discount rate 4.00%  
Finance lease, weighted average discount rate 4.75%  
Operating leases weighted-average remaining lease term 7 years 2 months 12 days  
Finance leases weighted-average remaining lease term 6 months  
Operating lease rental expense $ 350,000 $ 291,000
Right-of-use amortization (2) 9,000 9,000
Interest expense (3) $ 1,000 $ 1,000
Minimum    
Lessee Lease Description [Line Items]    
Operating leases lease term 1 year  
Lessee, operating lease, renewal term 12 months  
Maximum    
Lessee Lease Description [Line Items]    
Operating leases lease term 19 years  
Lessee, operating lease, renewal term 10 years  
v3.26.1
Leases - Summary of Minimum Annual Lease Payments under Lease Terms (Details)
$ in Thousands
Mar. 31, 2026
USD ($)
Operating  
April 1 to December 31, 2026 $ 945
2027 1,136
2028 716
2029 459
2030 413
2031 and thereafter 1,869
Total lease payments 5,538
Less: amounts representing interest 756
Lease liabilities 4,782
Finance  
April 1 to December 31, 2026 18
2027 0
2028 0
2029 0
2030 0
2031 and thereafter 0
Total lease payments 18
Less: amounts representing interest 0
Present value of lease liabilities $ 18
v3.26.1
Leases - Summary of Components of Total Lease Expense and Operating Cash Flows (Details) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Lease expense:    
Operating lease expense (1) $ 310,000 $ 251,000
Variable lease expense 109,000 99,000
Right-of-use amortization (2) 9,000 9,000
Interest expense (3) 1,000 1,000
Total lease expense 428,000 360,000
Cash paid:    
Cash paid from operating leases 423,000 354,000
Cash paid from finance leases $ 9,000 $ 9,000
v3.26.1
Stock-Based Compensation - Additional Information (Details) - USD ($)
 3 Months Ended 9 Months Ended
May 28, 2025
May 24, 2021
Mar. 31, 2026
Mar. 31, 2025
Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Stock options granted in period (in shares)     0    
Total intrinsic or aggregate value of options exercise price     $ 4,000,000.0 $ 1,800,000  
Total unrecognized compensation cost related to nonvested stock options granted     240,000    
Stock-based compensation     $ 2,000,000 2,540,000  
Stock Option Awards          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Unrecognized compensation cost related to nonvested stock options/ RSA granted, weighted-average period     2 years 1 month 6 days    
Stock-based compensation     $ 145,000 54,000  
Restricted Stock Units (RSUs)          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Total unrecognized compensation cost related to nonvested stock options granted     $ 20,200,000    
Unrecognized compensation cost related to nonvested stock options/ RSA granted, weighted-average period     3 years 1 month 6 days    
Stock-based compensation     $ 1,600,000 2,300,000  
Granted (in shares)     48,977    
Total grant-date fair value     $ 2,800,000 2,400,000  
Restricted Stock          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Stock options granted in period (in shares)     0    
Stock-based compensation     $ 0 $ 2,000  
Total unrecognized compensation cost related to nonvested restricted stock awards     $ 0    
2018 Omnibus Incentive Plan          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Aggregate shares of common stock authorized (in shares)   600,000      
Shares available to be granted (in shares)     654,230    
Stock options granted in period (in shares)     0 0  
Total intrinsic or aggregate value of options exercise price     $ 3,367,000    
2018 Omnibus Incentive Plan | Restricted Stock Units (RSUs)          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Granted (in shares)     48,977    
2018 Omnibus Incentive Plan | Restricted Stock | Director          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Market value of shares grants per year     $ 85,000    
2018 Omnibus Incentive Plan | Restricted Stock | Board Chair          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Market value of shares grants per year     125,000    
2018 Omnibus Incentive Plan | Restricted Stock | Committee Chairs          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Market value of shares grants per year     15,000    
2018 Omnibus Incentive Plan | Restricted Stock | Non-Financial Risk and Compensation Committee Chair          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Market value of shares grants per year     12,500    
2018 Omnibus Incentive Plan | Restricted Stock | Asset Liability & Investment, Credit and Nominating & Governance Chair          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Market value of shares grants per year     $ 10,000    
Two Thousand And Eighteen Omnibus Incentive Plan, Second Amendment          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Aggregate shares of common stock authorized (in shares) 600,000        
2006 Plan and the Directors' Stock Bonus Plan (2006 Plan)          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Aggregate shares of common stock authorized (in shares)         0
Directors Stock Compensation Plan          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Unrecognized compensation cost related to nonvested stock options/ RSA granted, weighted-average period     2 months    
Directors Stock Compensation Plan | Restricted Stock          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Stock-based compensation     $ 217,000 $ 180,000  
Granted (in shares)     0    
Directors Stock Compensation Plan | Restricted Stock | Director          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Total unrecognized compensation cost related to nonvested stock options granted     $ 133,000    
Maximum | 2018 Omnibus Incentive Plan          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Aggregate shares of common stock authorized (in shares)         500,000
Maximum | 2018 Omnibus Incentive Plan | Restricted Stock Units (RSUs)          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Award vesting period     4 years    
v3.26.1
Stock-Based Compensation - Summary of Stock Option Activity (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Jun. 30, 2025
Number of Shares      
Granted (in shares) 0    
Weighted- Average Exercise Price      
Granted (in dollars per share) $ 0    
Additional Disclosures      
Aggregate intrinsic value, exercised (in dollars) $ 4,000 $ 1,800  
2018 Omnibus Incentive Plan      
Number of Shares      
Outstanding, beginning of period (in shares) 118,881    
Granted (in shares) 0 0  
Exercised (in shares) (50,296)    
Expired (in shares) 0    
Forfeited or expired (in shares) 0    
Outstanding, end of period (in shares) 68,585    
Vested or expected to vest, end of period (in shares) 29,240    
Exercisable, end of period (in shares) 29,240    
Weighted- Average Exercise Price      
Outstanding, beginning of period (in dollars per share) $ 10.10    
Exercised (in dollars per share) 9.17    
Expired (in dollars per share) 0    
Forfeited or expired (in dollars per share) 0    
Outstanding, end of period (in dollars per share) 10.78    
Vested or expected to vest, end of period (in dollars per share) 10.49    
Exercisable, end of period (in dollars per share) $ 10.49    
Additional Disclosures      
Weighted average remaining contractual term, outstanding, beginning of period 2 years 1 month 6 days   2 years 1 month 6 days
Weighted average remaining contractual term, outstanding, beginning of period 2 years 1 month 6 days   2 years 1 month 6 days
Weighted average remaining contractual term, vested or expected to vest, end of period 2 years    
Weighted average remaining contractual term, exercisable, end of period 2 years    
Aggregate intrinsic value, outstanding, beginning of period (in dollars) $ 12,422    
Aggregate intrinsic value, exercised (in dollars) 3,367    
Aggregate intrinsic value, outstanding, end of period (in dollars) 4,480    
Aggregate intrinsic value, vested or expected to vest, end of period (in dollars) 1,918    
Aggregate intrinsic value, exercisable, end of period (in dollars) $ 1,918    
v3.26.1
Stock-Based Compensation - Summary of Nonvested Shares (Details)
 3 Months Ended
Mar. 31, 2026
$ / shares
shares
Restricted Stock Units (RSUs)  
Number of Shares  
Outstanding, beginning of period (in shares) | shares 476,302
Granted (in shares) | shares 48,977
Forfeited (in shares) | shares (2,749)
Vested (in shares) | shares (66,275)
Outstanding, end of period (in shares) | shares 456,255
Weighted- Average Grant Date Fair Value  
Outstanding, beginning of period (in dollars per share) | $ / shares $ 51.93
Granted (in dollars per share) | $ / shares 82.22
Forfeited (in dollars per share) | $ / shares 54.16
Vested (in dollars per share) | $ / shares 41.46
Outstanding, end of period (in dollars per share) | $ / shares $ 56.77
Restricted Stock | Directors Stock Compensation Plan  
Number of Shares  
Outstanding, beginning of period (in shares) | shares 10,039
Granted (in shares) | shares 0
Forfeited (in shares) | shares 0
Vested (in shares) | shares 0
Outstanding, end of period (in shares) | shares 10,039
Weighted- Average Grant Date Fair Value  
Outstanding, beginning of period (in dollars per share) | $ / shares $ 87.19
Granted (in dollars per share) | $ / shares 0
Forfeited (in dollars per share) | $ / shares 0
Vested (in dollars per share) | $ / shares 0
Outstanding, end of period (in dollars per share) | $ / shares $ 87.19
v3.26.1
Fair Value Measurements - Summary of Estimated Fair Values of Financial Instruments (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Financial assets      
Investment securities $ 46,169 $ 48,247  
Carrying Value      
Financial assets      
Cash and due from banks 52,695 34,241  
Interest earning deposits with other banks 1,442,772 702,729  
Investment securities 46,169 48,247  
Other investments 14,023 12,837  
Loans held for sale 124,039   $ 71,216
Loans receivable 3,859,379 3,749,531  
Accrued interest receivable 20,139 18,613  
Financial liabilities      
Deposits 5,041,164 4,144,199  
Subordinated debt 44,480 44,443  
Junior subordinated debentures 3,594 3,593  
Accrued interest payable 2,665 1,435  
Estimated Fair Value      
Financial assets      
Cash and due from banks 52,695 34,241  
Interest earning deposits with other banks 1,442,772 702,729  
Investment securities 46,411 48,742  
Other investments 14,023 12,837  
Loans held for sale 124,039   71,216
Loans receivable 3,738,084 3,738,084  
Accrued interest receivable 20,139 18,613  
Financial liabilities      
Deposits 5,018,459 4,130,842  
Subordinated debt 44,167 44,132  
Junior subordinated debentures 3,633 3,719  
Accrued interest payable 2,665 1,435  
Estimated Fair Value | Level 1      
Financial assets      
Cash and due from banks 52,695 34,241  
Interest earning deposits with other banks 1,442,772 702,729  
Investment securities 0 0  
Other investments 0 0  
Loans held for sale 0   0
Loans receivable 0 0  
Accrued interest receivable 0 0  
Financial liabilities      
Deposits 0 0  
Subordinated debt 0 0  
Junior subordinated debentures 0 0  
Accrued interest payable 0 0  
Estimated Fair Value | Level 2      
Financial assets      
Cash and due from banks 0 0  
Interest earning deposits with other banks 0 0  
Investment securities 46,411 48,742  
Other investments 12,202 10,666  
Loans held for sale 124,039   71,216
Loans receivable 0 0  
Accrued interest receivable 20,139 18,613  
Financial liabilities      
Deposits 5,018,459 4,130,842  
Subordinated debt 44,167 44,132  
Junior subordinated debentures 3,633 3,719  
Accrued interest payable 2,665 1,435  
Estimated Fair Value | Level 3      
Financial assets      
Cash and due from banks 0 0  
Interest earning deposits with other banks 0 0  
Investment securities 0 0  
Other investments 1,821 2,171  
Loans held for sale  
Loans receivable 3,738,084 3,738,084  
Accrued interest receivable 0 0  
Financial liabilities      
Deposits 0 0  
Subordinated debt 0 0  
Junior subordinated debentures 0 0  
Accrued interest payable $ 0 $ 0  
v3.26.1
Fair Value Measurements - Summary of Assets Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fair Value $ 28 $ 29
Estimated Fair Value | Recurring    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fair Value 28 29
Estimated Fair Value | Recurring | U.S. Agency collateralized mortgage obligations    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fair Value 28 29
Estimated Fair Value | Recurring | Level 1    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fair Value 0 0
Estimated Fair Value | Recurring | Level 1 | U.S. Agency collateralized mortgage obligations    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fair Value 0 0
Estimated Fair Value | Recurring | Level 2    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fair Value 28 29
Estimated Fair Value | Recurring | Level 2 | U.S. Agency collateralized mortgage obligations    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fair Value 28 29
Estimated Fair Value | Recurring | Level 3    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fair Value 0 0
Estimated Fair Value | Recurring | Level 3 | U.S. Agency collateralized mortgage obligations    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Fair Value $ 0 $ 0
v3.26.1
Fair Value Measurements - Summary of Financial Assets and Liabilities Measured at Fair Value on Nonrecurring Basis (Details) - Nonrecurring - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total Fair Value $ 1,821 $ 2,268
Collateral dependent loans    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total Fair Value 0 97
Equity securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total Fair Value 1,821 2,171
Level 1    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total Fair Value 0 0
Level 1 | Collateral dependent loans    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total Fair Value 0 0
Level 1 | Equity securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total Fair Value 0 0
Level 2    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total Fair Value 0 0
Level 2 | Collateral dependent loans    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total Fair Value 0 0
Level 2 | Equity securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total Fair Value 0 0
Level 3    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total Fair Value 1,821 2,268
Level 3 | Collateral dependent loans    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total Fair Value 0 97
Level 3 | Equity securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total Fair Value $ 1,821 $ 2,171
v3.26.1
Fair Value Measurements - Summary of Carrying Value of Equity Securities Without Readily Determinable Fair Values (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Specialized Bank Technology Company    
Equity Securities Without Readily Determinable Fair Value [Line Items]    
Investment owned $ 1,800 $ 2,200
Technology Company 1    
Equity Securities Without Readily Determinable Fair Value [Line Items]    
Investment owned 350 350
Technology Company 2    
Equity Securities Without Readily Determinable Fair Value [Line Items]    
Investment owned 500 0
Technology Company 3    
Equity Securities Without Readily Determinable Fair Value [Line Items]    
Investment owned 42 47
Level 3    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Carrying value, beginning of period 2,171 2,619
Purchases 500 0
Observable price change 0 0
Carrying value, end of period $ 2,671 $ 2,619
v3.26.1
Fair Value Measurements - Summary of Assets and Liabilities Classified as Level 3 and Measured at Fair Value on Nonrecurring Basis (Details)
 3 Months Ended 6 Months Ended
Mar. 31, 2026
Jun. 30, 2025
Level 3 | Measurement Input, Discount Rate | Valuation, Market Approach    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Impaired loans, measurement input 8.30% 8.10%
v3.26.1
Earnings Per Common Share - Schedule of Computation of Basic and Diluted Earnings Per Common Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Net Income (Loss) Available to Common Stockholders, Diluted [Abstract]    
Net Income $ 12,019 $ 9,730
Basic weighted average number common shares outstanding (in shares) 15,179,447 14,962,507
Dilutive effect of equity-based awards (in shares) 243,375 499,534
Diluted weighted average number common shares outstanding (in shares) 15,422,822 15,462,041
Basic earnings per share (in usd per share) $ 0.79 $ 0.65
Diluted earnings per share (in usd per share) $ 0.78 $ 0.63
Stock Options and Restricted Stock    
Net Income (Loss) Available to Common Stockholders, Diluted [Abstract]    
Antidilutive stock options and restricted stock outstanding (in shares) 142,553 2,269
v3.26.1
Segment Reporting - Additional Information (Details)
 3 Months Ended
Mar. 31, 2026
segment
location
partner
Segment Reporting Information [Line Items]  
Number of operating segments | segment 3
Number of reportable segments | segment 3
CCBX  
Segment Reporting Information [Line Items]  
Number of Partners | partner 30
Snohomish County  
Segment Reporting Information [Line Items]  
Number of Full-Service Banking Locations 12
King County  
Segment Reporting Information [Line Items]  
Number of Full-Service Banking Locations 1
Island County  
Segment Reporting Information [Line Items]  
Number of Full-Service Banking Locations 1
v3.26.1
Segment Reporting - Summary of Financial Information of Reportable Segments and Reconciliation to Consolidated Financial Results (Details) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
ASSETS        
Cash and Due from Banks $ 1,495,467   $ 736,970  
Intrabank assets 0   0  
Securities 46,169   48,247  
Loans held for sale 124,039   71,216  
Total loans receivable 3,859,379   3,749,531  
Allowance for credit losses (172,427) $ (183,178) (169,530) $ (176,994)
Other assets 311,202   305,003  
Total assets 5,663,829   4,741,437  
LIABILITIES        
Deposits 5,041,164   4,144,199  
Other Borrowings 48,074   48,036  
Intrabank liabilities 0   0  
Other liabilities 70,829   58,243  
Total liabilities 5,160,067   4,250,478  
Total interest income 111,681 104,907    
Interest (expense) income intrabank transfer 0 0    
Total interest expense 28,324 28,845    
Net interest income 83,357 76,062    
PROVISION FOR CREDIT LOSSES 51,398 55,781    
Net interest income after provision for credit losses - loans and unfunded commitments 31,959 20,281    
Service charges and fees 850 860    
Other income 536 698    
Total noninterest income 66,077 63,477    
Salaries and employee benefits 23,122 21,532    
Occupancy 859 1,034    
Data processing and software licenses 7,643 4,232    
Legal and professional expenses 7,002 6,488    
Other expenses 4,827 4,203    
BaaS loan and fraud expense 39,999 34,500    
Total noninterest expense 83,452 71,989    
Net income/(loss) before income taxes 14,584 11,769    
Income taxes 2,565 2,039    
NET INCOME 12,019 9,730    
BaaS Program Income        
LIABILITIES        
Revenue from contract with customer 10,888 6,278    
BaaS indemnification income        
LIABILITIES        
Revenue from contract with customer 53,803 55,641    
BaaS loan expense        
LIABILITIES        
BaaS loan and fraud expense 36,940 32,507    
BaaS fraud expense        
LIABILITIES        
BaaS loan and fraud expense 3,059 1,993    
CCBX        
LIABILITIES        
Provision for unfunded commitments 11 784    
Operating Segments | Community Bank        
ASSETS        
Cash and Due from Banks 4,454   4,243  
Intrabank assets 0   0  
Securities 0   0  
Loans held for sale 0   0  
Total loans receivable 1,975,255   1,941,979  
Allowance for credit losses (18,153)   (18,231)  
Other assets 29,503   29,809  
Total assets 1,991,059   1,957,800  
LIABILITIES        
Deposits 1,572,942   1,586,359  
Other Borrowings 0   0  
Intrabank liabilities 413,278   366,216  
Other liabilities 4,839   5,225  
Total liabilities 1,991,059   1,957,800  
Total interest income 31,734 30,292    
Interest (expense) income intrabank transfer (3,625) (3,909)    
Total interest expense 5,571 6,604    
Net interest income 22,538 19,779    
PROVISION FOR CREDIT LOSSES (542) 507    
Net interest income after provision for credit losses - loans and unfunded commitments 23,080 19,272    
Service charges and fees 818 860    
Other income 114 156    
Total noninterest income 932 1,016    
Salaries and employee benefits 7,297 7,155    
Occupancy 812 830    
Data processing and software licenses 1,817 1,395    
Legal and professional expenses 444 63    
Other expenses 1,012 910    
Total noninterest expense 11,382 10,353    
Net income/(loss) before income taxes 12,630 9,935    
Income taxes 1,918 1,587    
NET INCOME 10,712 8,348    
Operating Segments | Community Bank | BaaS Program Income        
LIABILITIES        
Revenue from contract with customer 0 0    
Operating Segments | Community Bank | BaaS indemnification income        
LIABILITIES        
Revenue from contract with customer 0 0    
Operating Segments | Community Bank | BaaS loan expense        
LIABILITIES        
BaaS loan and fraud expense 0 0    
Operating Segments | Community Bank | BaaS fraud expense        
LIABILITIES        
BaaS loan and fraud expense 0 0    
Operating Segments | CCBX        
ASSETS        
Cash and Due from Banks 1,441   750  
Intrabank assets 1,417,932   633,600  
Securities 0   0  
Loans held for sale 124,039   71,216  
Total loans receivable 1,884,124   1,807,552  
Allowance for credit losses (154,274)   (151,299)  
Other assets 240,799   235,137  
Total assets 3,514,061   2,596,956  
LIABILITIES        
Deposits 3,468,222   2,557,840  
Other Borrowings 0   0  
Intrabank liabilities 0   0  
Other liabilities 45,839   39,116  
Total liabilities 3,514,061   2,596,956  
Total interest income 71,153 67,855    
Interest (expense) income intrabank transfer 8,156 6,085    
Total interest expense 22,099 21,581    
Net interest income 57,210 52,359    
PROVISION FOR CREDIT LOSSES 51,940 55,274    
Net interest income after provision for credit losses - loans and unfunded commitments 5,270 (2,915)    
Service charges and fees 32 0    
Other income (4) 0    
Total noninterest income 64,719 61,919    
Salaries and employee benefits 11,527 7,975    
Occupancy 8 85    
Data processing and software licenses 5,035 1,146    
Legal and professional expenses 5,215 3,273    
Other expenses 2,949 1,626    
Total noninterest expense 64,733 48,605    
Net income/(loss) before income taxes 5,256 10,399    
Income taxes 1,218 2,007    
NET INCOME 4,038 8,392    
Operating Segments | CCBX | BaaS Program Income        
LIABILITIES        
Revenue from contract with customer 10,888 6,278    
Operating Segments | CCBX | BaaS indemnification income        
LIABILITIES        
Revenue from contract with customer 53,803 55,641    
Operating Segments | CCBX | BaaS loan expense        
LIABILITIES        
BaaS loan and fraud expense 36,940 32,507    
Operating Segments | CCBX | BaaS fraud expense        
LIABILITIES        
BaaS loan and fraud expense 3,059 1,993    
Operating Segments | Treasury & Administration        
ASSETS        
Cash and Due from Banks 1,489,572   731,977  
Intrabank assets (1,417,932)   (633,600)  
Securities 46,169   48,247  
Loans held for sale 0   0  
Total loans receivable 0   0  
Allowance for credit losses 0   0  
Other assets 40,900   40,057  
Total assets 158,709   186,681  
LIABILITIES        
Deposits 0   0  
Other Borrowings 48,074   48,036  
Intrabank liabilities (413,278)   (366,216)  
Other liabilities 20,151   13,902  
Total liabilities (345,053)   $ (304,278)  
Total interest income 8,794 6,760    
Interest (expense) income intrabank transfer (4,531) (2,176)    
Total interest expense 654 660    
Net interest income 3,609 3,924    
PROVISION FOR CREDIT LOSSES 0 0    
Net interest income after provision for credit losses - loans and unfunded commitments 3,609 3,924    
Service charges and fees 0 0    
Other income 426 542    
Total noninterest income 426 542    
Salaries and employee benefits 4,298 6,402    
Occupancy 39 119    
Data processing and software licenses 791 1,691    
Legal and professional expenses 1,343 3,152    
Other expenses 866 1,667    
Total noninterest expense 7,337 13,031    
Net income/(loss) before income taxes (3,302) (8,565)    
Income taxes (571) (1,555)    
NET INCOME (2,731) (7,010)    
Operating Segments | Treasury & Administration | BaaS Program Income        
LIABILITIES        
Revenue from contract with customer 0 0    
Operating Segments | Treasury & Administration | BaaS indemnification income        
LIABILITIES        
Revenue from contract with customer 0 0    
Operating Segments | Treasury & Administration | BaaS loan expense        
LIABILITIES        
BaaS loan and fraud expense 0 0    
Operating Segments | Treasury & Administration | BaaS fraud expense        
LIABILITIES        
BaaS loan and fraud expense $ 0 $ 0