v3.26.1
Fair Value of Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Balances and Levels of Assets Measured at Fair Value on Recurring Basis
The balances and levels of the assets and liabilities measured at fair value on a recurring basis as of June 30, 2026 and December 31, 2025 are presented in the following tables:
At June 30, 2026Quoted prices
in active
markets for
identical assets
(liabilities)
(level 1)		Significant
other
observable
inputs
(level 2) 		Significant unobservable
inputs
(level 3) 		Total
Financial assets:
AFS debt securities:
U.S. government agency securities$— $748,777 $— $748,777 
Mortgage-backed securities - residential— 573,179 — 573,179 
Mortgage-backed securities - commercial— 20,205 — 20,205 
Municipal securities— 170,173 — 170,173 
U.S. Treasury securities— 7,066 — 7,066 
Corporate securities— 1,693 — 1,693 
Equity securities, at fair value6,000 — — 6,000 
Total securities$6,000 $1,521,093 $— $1,527,093 
Loans held for sale, at fair value$— $165,511 $— $165,511 
Mortgage servicing rights— — 145,374 145,374 
Derivatives— 23,444 — 23,444 
Financial liabilities:
Derivatives— 19,853 — 19,853 
At December 31, 2025Quoted prices
in active
markets for
identical assets
(liabilities)
(level 1)		Significant
other
observable
inputs
(level 2) 		Significant unobservable
inputs
(level 3) 		Total
Financial assets:
AFS debt securities:
U.S. government agency securities$— $670,088 $— $670,088 
Mortgage-backed securities - residential— 602,320 — 602,320 
Mortgage-backed securities - commercial— 10,678 — 10,678 
Municipal securities — 168,370 — 168,370 
U.S. Treasury securities— 7,125 — 7,125 
Corporate securities— 998 — 998 
Equity securities, at fair value— 155 — 155 
Total securities$— $1,459,734 $— $1,459,734 
Loans held for sale, at fair value$— $172,974 $— $172,974 
Mortgage servicing rights— — 148,795 148,795 
Derivatives— 24,316 — 24,316 
Financial liabilities:
Derivatives— 23,509 — 23,509 
Schedule of Balances and Levels of Assets Measured at Fair Value on Non-recurring Basis and Changes in Fair Value Associated
The balances and levels of the assets measured at fair value on a nonrecurring basis as of June 30, 2026 and December 31, 2025 are presented in the following tables: 
June 30, 2026Quoted prices
in active
markets for
identical assets
(liabilities)
(level 1)		Significant
other
observable
inputs
(level 2) 		Significant unobservable
inputs
(level 3) 		Total
Nonrecurring valuations:
Financial assets:
Other real estate owned$— $— $2,845 $2,845 
Collateral-dependent net loans held for
   investment:
Commercial and industrial$— $— $3,622 $3,622 
Construction— — 22,585 22,585 
Residential real estate:
1-to-4 family mortgage— — 261 261 
   Multifamily— — 2,115 2,115 
Commercial real estate:
Owner occupied— — 5,479 5,479 
Non-owner occupied— — 8,904 8,904 
Total collateral-dependent loans$— $— $42,966 $42,966 
 
December 31, 2025Quoted prices
in active
markets for
identical assets
(liabilities)
(level 1)		Significant
other
observable
inputs
(level 2)		Significant unobservable
inputs
(level 3)		Total
Nonrecurring valuations:
Other real estate owned$— $— $4,757 $4,757 
Collateral-dependent net loans held for
    investment:
Commercial and industrial$— $— $1,538 $1,538 
Construction— — 18,281 18,281 
Residential real estate:
1-to-4 family mortgage— — 287 287 
Commercial real estate:
Owner occupied— — 5,479 5,479 
Non-owner occupied— — 640 640 
Total collateral-dependent loans$— $— $26,225 $26,225 
Schedule of Significant Unobservable Inputs (Level 3) Used in Valuation of Assets Measured at Fair Value on Nonrecurring Basis
The following tables present information as of June 30, 2026 and December 31, 2025 about significant unobservable inputs (Level 3) used in the valuation of assets measured at fair value on a nonrecurring basis:
June 30, 2026
Financial instrumentFair ValueValuation techniqueSignificant 
unobservable inputs		Range of
inputs
Collateral-dependent net loans
   held for investment		$42,966 Appraised valueDiscount for costs to sell
0%-28%
Other real estate owned$2,845 Appraised valueDiscount for costs to sell
0%-10%
December 31, 2025
Financial instrumentFair ValueValuation techniqueSignificant 
unobservable inputs		Range of
inputs
Collateral-dependent net loans
    held for investment		$26,225 Appraised valueDiscount for costs to sell
10%-22%
Other real estate owned$4,757 Appraised value Discount for costs to sell
0%-10%
Schedule of Loans Held For Sale at Fair Value
The following table summarizes the Company’s loans held for sale as of the dates presented:
June 30,December 31,
20262025
Loans held for sale under a fair value option:
  Mortgage loans held for sale$165,511 $172,974 
Loans held for sale not accounted for under a fair value option:
  Mortgage loans held for sale - guaranteed GNMA repurchase option32,578 28,102 
               Total loans held for sale$198,089 $201,076 
Schedule of Differences Between Fair Value and Principal Balance for Loans Held for Sale Measured at Fair Value
The following table summarizes the differences between the fair value and the principal balance for mortgage loans held for sale measured at fair value as of June 30, 2026 and December 31, 2025: 
June 30,December 31,
20262025
Aggregate fair value$165,511 $172,974 
Aggregate unpaid principal balance162,479 168,692 
     Difference$3,032 $4,282 
Schedule of Estimated Fair Values and Carrying Values of Financial Instruments
The following table contains the estimated fair values and the related carrying values of the Company’s financial instruments. Non-financial instruments are excluded from the table below.
 Fair Value
June 30, 2026Carrying amount Level 1Level 2Level 3Total
Financial assets:
Cash and cash equivalents$1,112,357 $1,112,357 $— $— $1,112,357 
Investment securities1,527,093 6,000 1,521,093 — 1,527,093 
Net loans HFI12,671,500 — — 12,654,152 12,654,152 
Loans held for sale, at fair value165,511 — 165,511 — 165,511 
Interest receivable58,792 307 7,988 50,497 58,792 
Mortgage servicing rights145,374 — — 145,374 145,374 
Derivatives23,444 — 23,444 — 23,444 
Financial liabilities:
Deposits:
Without stated maturities$11,040,979 $11,040,979 $— $— $11,040,979 
With stated maturities3,306,187 — 3,300,504 — 3,300,504 
Securities sold under agreements to repurchase
     and federal funds purchased		71,530 71,530 — — 71,530 
Federal Home Loan Bank advances125,000 — 125,000 — 125,000 
Subordinated debt, net84,328 — — 90,577 90,577 
Interest payable20,788 2,877 17,911 — 20,788 
Derivatives19,853 — 19,853 — 19,853 
 Fair Value
December 31, 2025Carrying amount Level 1Level 2Level 3Total
Financial assets:
Cash and cash equivalents$1,155,895 $1,155,895 $— $— $1,155,895 
Investment securities1,459,734 — 1,459,734 — 1,459,734 
Net loans HFI12,197,643 — — 12,155,340 12,155,340 
Loans held for sale, at fair value172,974 — 172,974 — 172,974 
Interest receivable58,565 463 7,962 50,140 58,565 
Mortgage servicing rights148,795 — — 148,795 148,795 
Derivatives24,316 — 24,316 — 24,316 
Financial liabilities:
Deposits:
Without stated maturities$11,255,404 $11,255,404 $— $— $11,255,404 
With stated maturities2,654,557 — 2,655,532 — 2,655,532 
Securities sold under agreements to
repurchase and federal funds purchased
99,865 99,865 — — 99,865 
Subordinated debt, net83,670 — — 88,281 88,281 
Interest payable21,549 3,677 17,872 — 21,549 
Derivatives23,509 — 23,509 — 23,509