Live Oak Bancshares (LOB) 10-Q 5 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Nov. 04, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-37497
Entity Registrant Name	LIVE OAK BANCSHARES, INC.
Entity Incorporation, State or Country Code	NC
Entity Tax Identification Number	26-4596286
Entity Address, Address Line One	1741 Tiburon Drive
Entity Address, City or Town	Wilmington
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	28403
City Area Code	910
Local Phone Number	790-5867
Title of 12(b) Security	Voting Common Stock, no par value per share
Trading Symbol	LOB
Security Exchange Name	NYSE
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 (in shares)		45,189,405
Entity Central Index Key	0001462120
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 666,585	$ 582,540
Certificates of deposit with other banks	250	250
Investment securities available-for-sale	1,233,466	1,126,160
Loans held for sale	359,977	387,037
Loans and leases held for investment (includes $343,371 and $388,036 measured at fair value, respectively)	9,831,891	8,633,847
Allowance for credit losses on loans and leases	(168,737)	(125,840)
Net loans and leases	9,663,154	8,508,007
Premises and equipment, net	267,032	257,881
Foreclosed assets	8,015	6,481
Servicing assets (includes $52,295 and $48,186 measured at fair value, respectively)	52,553	48,591
Other assets	356,314	354,476
Total assets	12,607,346	11,271,423
Deposits:
Noninterest-bearing	258,844	259,270
Interest-bearing	11,141,703	10,015,749
Total deposits	11,400,547	10,275,019
Borrowings	115,371	23,354
Other liabilities	83,672	70,384
Total liabilities	11,599,590	10,368,757
Shareholders’ equity
Preferred stock, no par value, 1,000,000 shares authorized, none issued or outstanding at September 30, 2024 and December 31, 2023	0	0
Retained earnings	707,026	642,817
Accumulated other comprehensive loss	(61,195)	(84,719)
Total shareholders’ equity	1,007,756	902,666
Total liabilities and shareholders’ equity	12,607,346	11,271,423
Class A Common Stock
Shareholders’ equity
Common stock	361,925	344,568
Class B Common Stock
Shareholders’ equity
Common stock	$ 0	$ 0

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Loans receivable, fair value	$ 9,859,966	$ 8,655,865
Servicing asset, fair value	52,295	48,186
Receivables Under The Fair Value Option
Loans receivable, fair value	$ 343,371	$ 388,036
Preferred Stock
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, authorized (in shares)	1,000,000	1,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Class A Common Stock
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, authorized (in shares)	100,000,000	100,000,000
Common stock, issued (in shares)	45,151,691	44,617,673
Common stock, outstanding (in shares)	45,151,691	44,617,673
Class B Common Stock
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, authorized (in shares)	10,000,000	10,000,000
Common stock, issued (in shares)	0	0
Common stock, outstanding (in shares)	0	0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Interest income
Loans and fees on loans	$ 192,170	$ 162,722	$ 550,020	$ 454,136
Investment securities, taxable	9,750	8,701	27,923	24,751
Other interest earning assets	7,016	9,188	21,861	22,852
Total interest income	208,936	180,611	599,804	501,739
Interest expense
Deposits	110,174	90,914	317,530	243,512
Borrowings	1,762	287	3,843	2,498
Total interest expense	111,936	91,201	321,373	246,010
Net interest income	97,000	89,410	278,431	255,729
Provision for credit losses	34,502	10,279	62,631	42,328
Net interest income after provision for credit losses	62,498	79,131	215,800	213,401
Noninterest income
Loan servicing revenue	8,040	6,990	23,011	20,057
Loan servicing asset revaluation	(4,207)	11,335	(9,829)	8,860
Net gains on sales of loans	16,646	12,675	42,543	33,654
Net gain (loss) on loans accounted for under the fair value option	2,255	(568)	2,208	(3,369)
Equity method investments (loss) income	(1,393)	(1,034)	(8,182)	(6,041)
Equity security investments gains (losses), net	909	(783)	541	(585)
Lease income	2,424	2,498	7,300	7,568
Management fee income	1,116	3,277	7,658	10,015
Other noninterest income	7,142	3,501	27,938	11,467
Total noninterest income	32,932	37,891	93,188	81,626
Noninterest expense
Salaries and employee benefits	44,524	42,947	138,054	130,778
Travel expense	2,344	2,197	7,110	7,378
Professional services expense	3,287	1,762	8,226	4,685
Advertising and marketing expense	2,473	3,446	9,169	10,058
Occupancy expense	2,807	2,129	7,442	6,259
Technology expense	9,081	7,722	24,800	23,456
Equipment expense	3,472	3,676	10,057	11,517
Other loan origination and maintenance expense	4,872	3,498	12,442	10,867
Renewable energy tax credit investment impairment (recovery)	115	0	(642)	69
FDIC insurance	1,933	4,115	7,782	12,579
Other expense	2,681	2,770	8,542	12,035
Total noninterest expense	77,589	74,262	232,982	229,681
Income before taxes	17,841	42,760	76,006	65,346
Income tax expense	4,816	2,967	8,432	7,611
Net income	$ 13,025	$ 39,793	$ 67,574	$ 57,735
Basic earnings per share (in dollars per share)	$ 0.28	$ 0.89	$ 1.50	$ 1.30
Diluted earnings per share (in dollars per share)	$ 0.28	$ 0.88	$ 1.48	$ 1.28

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 13,025	$ 39,793	$ 67,574	$ 57,735
Other comprehensive income (loss) before tax:
Net unrealized gain (loss) on investment securities available-for-sale during the period	38,565	(27,297)	30,953	(34,213)
Reclassification adjustment for gain on sale of securities available-for-sale included in net income	0	0	0	0
Other comprehensive income (loss) before tax	38,565	(27,297)	30,953	(34,213)
Income tax (expense) benefit	(9,256)	6,557	(7,429)	8,211
Other comprehensive income (loss), net of tax	29,309	(20,740)	23,524	(26,002)
Total comprehensive income	$ 42,334	$ 19,053	$ 91,098	$ 31,733

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total	Adoption of ASU 2022-02	Class A Common Stock	Common stock	Common stock Class A Common Stock	Retained earnings	Retained earnings Adoption of ASU 2022-02	Accumulated other comprehensive (loss) income
Beginning balance (in shares) at Dec. 31, 2022					44,061,244
Beginning balance at Dec. 31, 2022	$ 811,033	$ 676		$ 330,854		$ 572,497	$ 676	$ (92,318)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	57,735					57,735
Other comprehensive income (loss)	(26,002)							(26,002)
Issuance of restricted stock (in shares)					264,713
Tax withholding related to vesting of restricted stock and other	(4,950)			(4,950)
Employee stock purchase program (in shares)					59,074
Employee stock purchase program	1,396			1,396
Stock option exercises (in shares)					95,184
Stock option exercises	926			926
Stock option based compensation expense	272			272
Restricted stock compensation expense	12,431			12,431
Transfer from retained earnings to other assets for pro rata portion of equity method investee stock compensation expense	841					841
Cash dividends	(3,990)					(3,990)
Ending balance (in shares) at Sep. 30, 2023					44,480,215
Ending balance at Sep. 30, 2023	850,368			340,929		627,759		(118,320)
Beginning balance (in shares) at Jun. 30, 2023					44,351,715
Beginning balance at Jun. 30, 2023	832,488			341,032		589,036		(97,580)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	39,793					39,793
Other comprehensive income (loss)	(20,740)							(20,740)
Issuance of restricted stock (in shares)					63,694
Tax withholding related to vesting of restricted stock and other	(1,348)			(1,348)
Employee stock purchase program (in shares)					28,015
Employee stock purchase program	765			765
Stock option exercises (in shares)					36,791
Stock option exercises	263			263
Stock option based compensation expense	135			135
Restricted stock compensation expense	82			82
Transfer from retained earnings to other assets for pro rata portion of equity method investee stock compensation expense	263					263
Cash dividends	(1,333)					(1,333)
Ending balance (in shares) at Sep. 30, 2023					44,480,215
Ending balance at Sep. 30, 2023	850,368			340,929		627,759		(118,320)
Beginning balance (in shares) at Dec. 31, 2023			44,617,673		44,617,673
Beginning balance at Dec. 31, 2023	902,666			344,568		642,817		(84,719)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	67,574					67,574
Other comprehensive income (loss)	23,524							23,524
Issuance of restricted stock (in shares)					247,685
Tax withholding related to vesting of restricted stock and other	(5,750)			(5,750)
Employee stock purchase program (in shares)					34,930
Employee stock purchase program	1,449			1,449
Stock option exercises (in shares)					251,403
Stock option exercises	1,945			1,945
Restricted stock compensation expense	19,713			19,713
Transfer from retained earnings to other assets for pro rata portion of equity method investee stock compensation expense	684					684
Cash dividends	(4,049)					(4,049)
Ending balance (in shares) at Sep. 30, 2024			45,151,691		45,151,691
Ending balance at Sep. 30, 2024	1,007,756			361,925		707,026		(61,195)
Beginning balance (in shares) at Jun. 30, 2024					45,003,856
Beginning balance at Jun. 30, 2024	961,049			356,381		695,172		(90,504)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	13,025					13,025
Other comprehensive income (loss)	29,309							29,309
Issuance of restricted stock (in shares)					78,402
Tax withholding related to vesting of restricted stock and other	(2,356)			(2,356)
Employee stock purchase program (in shares)					16,445
Employee stock purchase program	747			747
Stock option exercises (in shares)					52,988
Stock option exercises	539			539
Restricted stock compensation expense	6,614			6,614
Transfer from retained earnings to other assets for pro rata portion of equity method investee stock compensation expense	183					183
Cash dividends	(1,354)					(1,354)
Ending balance (in shares) at Sep. 30, 2024			45,151,691		45,151,691
Ending balance at Sep. 30, 2024	$ 1,007,756			$ 361,925		$ 707,026		$ (61,195)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2022
Statement of Stockholders' Equity [Abstract]
Cash dividends (in dollars per share)	$ 0.03	$ 0.03	$ 0.09	$ 0.09
Accounting Standards Update [Extensible Enumeration]					Accounting Standards Update 2022-02 [Member]

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities
Net income	$ 67,574	$ 57,735
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	16,631	15,941
Provision for credit losses	62,631	42,328
(Accretion) amortization of (discount) premium on securities, net	(631)	63
Deferred tax benefit	(8,989)	(13,164)
Originations of loans held for sale	(744,286)	(642,722)
Proceeds from sales of loans held for sale	1,003,740	985,287
Net gains on sale of loans held for sale	(42,543)	(33,654)
Net loss on sale of foreclosed assets	9	0
Net (gain) loss on loans accounted for under fair value option	(2,208)	3,369
Net change in servicing assets	(3,962)	(20,804)
Net gain on disposal of long-lived assets	(9,079)	0
Net loss on disposal of property and equipment	177	377
Equity method investments loss (income)	8,182	6,041
Equity security investments (gains) losses, net	(541)	585
Gain on equity warrant assets	(6,119)	0
Renewable energy tax credit investment (recovery) impairment	(642)	69
Stock option compensation expense	0	272
Restricted stock compensation expense	19,713	12,431
Stock based compensation excess tax benefit (deficiency)	729	(915)
Lease right-of-use assets and liabilities, net	166	(52)
Changes in assets and liabilities:
Other assets	(4,915)	37,571
Other liabilities	10,146	(933)
Net cash provided by operating activities	365,783	449,825
Cash flows from investing activities
Purchases of investment securities available-for-sale	(189,116)	(198,676)
Proceeds from maturities, calls, and principal paydown of investment securities available-for-sale	113,394	79,241
Proceeds from SBA reimbursement/sale of foreclosed assets, net	583	0
Maturities of certificates of deposits with other banks	0	250
Purchases of loans previously sold	(67,424)	(36,227)
Loan and lease originations and principal collections, net	(1,341,740)	(1,204,309)
Proceeds from sale of long-lived asset	43,598	0
Purchases of equity security investments	(3,951)	(3,359)
Purchases of equity method investments	(6,426)	(5,094)
Proceeds from equity security investment	1,177	0
Proceeds from equity method investments	1,338	6,878
Proceeds from sale of premises and equipment	978	100
Purchases of premises and equipment, net	(45,289)	(25,231)
Net cash used by investing activities	(1,492,878)	(1,386,427)
Cash flows from financing activities
Net increase in deposits	1,125,528	1,118,714
Proceeds from borrowings	99,659	2,906,056
Repayment of borrowings	(7,642)	(2,963,412)
Stock option exercises	1,945	926
Employee stock purchase program	1,449	1,396
Withholding cash issued in lieu of restricted stock and other	(5,750)	(4,950)
Shareholder dividend distributions	(4,049)	(3,990)
Net cash provided by financing activities	1,211,140	1,054,740
Net increase in cash and cash equivalents	84,045	118,138
Cash and cash equivalents, beginning	582,540	416,636
Cash and cash equivalents, ending	666,585	534,774
Supplemental disclosures of cash flow information
Interest paid	321,470	245,091
Income tax paid, net	26,476	1,689
Supplemental disclosures of noncash investing and financing activities
Unrealized holding gains (losses) on investment securities available-for-sale, net of taxes	23,524	(26,002)
Transfers from loans and leases to foreclosed real estate and other repossessions or SBA receivable	10,351	34,864
Transfer from premises and equipment, net to other assets	18,540	14,177
Transfer of loans held for sale to loans and leases held for investment	139,714	65,734
Transfer of loans and leases held for investment to loans held for sale	340,121	458,868
Transfer from retained earnings to other assets for pro rata portion of equity method investee stock compensation expense	684	841
Accrued premises and equipment additions	297	0
Equity method investment commitments	1,008	7,721
Equity security investment commitments	$ 2,500	$ 0

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation Nature of Operations Live Oak Bancshares, Inc. (collectively with its subsidiaries including Live Oak Banking Company, the “Company”) is a bank holding company headquartered in Wilmington, North Carolina incorporated under the laws of the State of North Carolina in December 2008. The Company conducts business operations primarily through its commercial bank subsidiary, Live Oak Banking Company (the “Bank”). The Bank was organized and incorporated under the laws of the State of North Carolina on February 25, 2008 and commenced operations on May 12, 2008. The Bank specializes in providing lending and deposit related services to small businesses nationwide. A significant portion of the loans originated by the Bank are guaranteed by the Small Business Administration (“SBA”) under the 7(a) Loan Program and the U.S. Department of Agriculture’s ( “ USDA”) Rural Energy for America Program (“REAP”), Water and Environmental Program (“WEP”), Business & Industry ( “ B&I”) and Community Facilities loan programs. These loans are to small businesses and professionals with what the Bank believes are lower risk characteristics. Industries, or “verticals,” on which the Bank focuses its lending efforts are carefully selected. The Bank also lends more broadly to select borrowers outside of those verticals. The Company’s wholly owned material subsidiaries are the Bank, Government Loan Solutions, Inc. (“GLS”), Live Oak Grove, LLC (“Grove”), Live Oak Ventures, Inc. (“Live Oak Ventures”), and Canapi Advisors, LLC (“Canapi Advisors”). GLS is a management and technology consulting firm that advises and offers solutions and services to participants in the government guaranteed lending sector. GLS primarily provides services in connection with the settlement, accounting, and securitization processes for government guaranteed loans, including loans originated under the SBA 7(a) loan programs and USDA guaranteed loans. The Grove provides Company employees and business visitors with on-site dining. Live Oak Ventures’ purpose is investing in businesses that align with the Company's strategic initiative to be a leader in financial technology. Canapi Advisors provided investment advisory services to a series of funds (the“Canapi Funds”) focused on providing venture capital to new and emerging financial technology companies. During the third quarter of 2024, the Canapi Funds were restructured and Canapi Advisors voluntarily withdrew as an investment advisor to the funds. As of September 30, 2024, Live Oak Bancshares, Inc. and two Company Directors held carried interest in Canapi Ventures Fund, LP. The Bank’s wholly owned subsidiaries are Live Oak Number One, Inc., Live Oak Clean Energy Financing LLC (“LOCEF”), Live Oak Private Wealth, LLC (“Live Oak Private Wealth”) and Tiburon Land Holdings, LLC (“TLH”). Live Oak Number One, Inc. holds properties foreclosed on by the Bank. LOCEF provides financing to entities for renewable energy applications. Live Oak Private Wealth provides high-net-worth individuals and families with strategic wealth and investment management services. TLH holds land adjacent to the Bank's headquarters consisting of wetlands and other protected property for the use and enjoyment of the Bank's employees and customers. The Company generates revenue primarily from net interest income and secondarily through the origination and sale of government guaranteed loans. Income from the retention of loans is comprised principally of interest income. Income from the sale of loans is comprised of loan servicing revenue and revaluation of related servicing rights along with net gains on sales of loans. Offsetting these revenues are the cost of funding sources, provision for credit losses, any costs related to foreclosed assets and other operating costs such as salaries and employee benefits, travel, professional services, advertising and marketing and tax expense. The Company also has less routinely generated gains and losses arising from its financial technology investments predominantly in its Fintech segment. General In the opinion of management, all adjustments necessary for a fair presentation of the financial position and results of operations for the periods presented have been included, and all intercompany transactions have been eliminated in consolidation. Results of operations for the three and nine months ended September 30, 2024 are not necessarily indicative of the results of operations that may be expected for the year ending December 31, 2024. The Condensed Consolidated Balance Sheet as of December 31, 2023 has been derived from the audited consolidated financial statements contained in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the Securities Exchange Commission ( “ SEC ” ) on February 22, 2024 (SEC File No. 001-37497) (the “ 2023 Form 10-K ” ). A summary description of the significant accounting policies followed by the Company is set forth in Note 1 of the Notes to Consolidated Financial Statements in the Company’s 2023 Form 10-K. These Unaudited Condensed Consolidated Financial Statements should be read in conjunction with the audited consolidated financial statements and footnotes in the Company's 2023 Form 10-K. The preparation of financial statements in conformity with United States ( “ U.S. ” ) generally accepted accounting principles ( “ GAAP ” ) requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and the reported amounts of revenues and expenses during the reporting period. Actual results could differ significantly from those estimates. Amounts in all tables in the Notes to Unaudited Condensed Consolidated Financial Statements have been presented in thousands, except percentage, time period, share and per share data or where otherwise indicated. Business Segments Operating segments are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. Management has determined that the Company has two reportable operating segments: Banking and Fintech, as discussed more fully in Note 11. Segments. Changes in Accounting Estimates During the second quarter of 2024, the Company made enhancements to the qualitative framework of the allowance for credit losses. The enhanced framework leverages quantifiable credit risk metrics as well as current and forecasted economic conditions to determine possible portfolio outcomes that are not captured in quantitatively modeled results. The framework continues to consider risk factors which include, but are not limited to, changes in lending policies, economic and business conditions, nature and volume of portfolio, volume and severity of past due loans, value of underlying collateral, concentrations, and prepayment speeds. The result of these changes was not material. During the third quarter of 2023, the Company changed the valuation techniques used to estimate the fair value of servicing rights and loans measured at fair value as a result of rising interest rates and their impacts on market conditions. The changes included aligning our net servicing income and loan fair value estimates with changes in forward interest rate curves. Loan fair value estimates were also revised to utilize market participant credit loss information. These revisions provide estimates that the Company believes are more representative of fair value while transitioning from unobservable inputs to those that are more observable. These estimate changes were implemented as of July 1, 2023 and resulted in nonrecurring adjustments to increase the estimated value of the servicing asset by $13.7 million and loans measured at fair value by $1.3 million. This adjustment also increased noninterest income by a corresponding $15.0 million. These refinements have been accounted for as changes in accounting estimates under Financial Accounting Standards Board ( “ FASB ” ) Accounting Standards Codification ( “ ASC ” ) 250, Accounting Changes and Error Corrections , with prospective application beginning in the period of change. Long-Lived Asset Reclassified to Held for Sale During the second quarter of 2024, the Company sold an aircraft that was previously reclassified as held for sale. The $6.7 million gain on the sale of the aircraft is reflected in other income on the Condensed Consolidated Statements of Income. During the first quarter of 2024, the Company determined that retention of an idle building and accompanying land adjacent to its main campus was not best suited to serve future expansion plans. As a result of this determination, the Company entered into a purchase and sale agreement with a third party with expected total proceeds, net of estimated expenses, of $20.9 million. Accordingly, the $18.5 million carrying amount of the building and land, was considered held for sale, and reclassified from premises and equipment, net to other assets in the Unaudited Condensed Consolidated Balance Sheet. During the third quarter of 2024, the building and land were sold for a gain of $2.4 million. Reclassifications Certain reclassifications have been made to the prior period's condensed consolidated financial statements to place them on a comparable basis with the current year. Net income and shareholders' equity previously reported were not affected by these reclassifications.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements In March 2020, the FASB issued Accounting Standards Update (“ASU”) No. 2020-04 “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting” (“ASU 2020-04”). ASU 2020-04 provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. In December 2022, ASU 2022-06 “Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848” was issued deferring the sunset date of Topic 848. As subsequently amended, the guidance in the ASU can be applied by the Company through December 31, 2024. To address the discontinuance of LIBOR, the Company stopped originating variable LIBOR-based loans effective December 31, 2021 and started to negotiate loans using the preferred replacement index, the Secured Overnight Financing Rate (“SOFR”) or a relevant duration U.S. Treasury rate. As of March 31, 2024, the Company had transitioned all its LIBOR-based loan exposure to an alternative index. The application of the standard did not have a material effect on the Consolidated Financial Statements. In June 2022, the FASB issued ASU No. 2022-03 “Fair Value Measurement (Topic 820) Fair Value Measurement of Equity Securities Subject to Contractual Restrictions” (“ASU 2022-03”). ASU 2022-03 indicates a contractual sale restriction on equity securities should not be considered in measuring fair value, however, disclosure should be made about such restrictions. The Company adopted the standard on January 1, 2024 with no material effect on its Consolidated Financial Statements. In March 2023, the FASB issued ASU No. 2023-02 “Investments-Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method” (“ASU 2023-02”). ASU 2023-02 permits companies to account for tax equity investments, regardless of the tax credit program from which the income tax credits are received, using the proportional amortization method if certain conditions are met. The Company adopted the standard on January 1, 2024 with no material effect on its Consolidated Financial Statements. In October 2023, the FASB issued ASU No. 2023-06 “Disclosure Improvements - Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative” (“ASU 2023-06”). ASU 2023-06 amends the ASC to incorporate certain disclosure requirements from SEC Release No. 33-10532 - Disclosure Update and Simplification that was issued in 2018. The effective date for each amendment will be the date on which the SEC’s removal of that related disclosure from Regulation S-X or Regulation S-K becomes effective, with early adoption prohibited. The Company does not believe this standard will have a material impact on its Consolidated Financial Statements. In November 2023, the FASB issued ASU No. 2023-07 “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures” (“ASU 2023-07”). ASU 2023-07 improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The amendments in this standard will be effective for the Company for the fiscal year ended December 31, 2024 and subsequent interim periods. The amendments will be applied retrospectively to all prior periods in the Consolidated Financial Statements. The Company is currently evaluating the impact the amendments will have on the Consolidated Financial Statements and related disclosures. In December 2023, the FASB issued ASU No. 2023-09 “Income Taxes (Topic 740): Improvements to Income Tax Disclosures” (“ASU 2023-09”). ASU 2023-09 requires enhanced income tax disclosures primarily related to the rate reconciliation and income taxes paid information to provide more transparency by requiring (i) consistent categories and greater disaggregation of information in the rate reconciliation table and (ii) income taxes paid, net of refunds, to be disaggregated by jurisdiction based on an established threshold. The amendments in this standard will be effective for the Company on January 1, 2025. The Company is currently evaluating the impact the amendments will have the Consolidated Financial Statements and related disclosures. In March 2024, the FASB issued ASU 2024-01 “Compensation - Stock Compensation (Topic 718): Scope Application of Profits Interest and Similar Awards” (“ASU 2024-01”). ASU 2024-01 adds an illustrative example to clarify how an entity should determine whether a profits interest or similar award is within the scope of ASC 718. The amendments in this standard will be effective for the Company on January 1, 2025. The Company does not believe this standard will have a material impact on its Consolidated Financial Statements. In March 2024, the FASB issued ASU 2024-02 “Codification Improvements - Amendments to Remove References to the Concepts Statements” (“ASU 2024-02”). ASU 2024-02 removes references to various Concepts Statements in the Codification. The amendments in this standard will be effective for the Company on January 1, 2025. The Company does not believe this standard will have a material impact on its Consolidated Financial Statements.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic and diluted earnings per share are computed based on the weighted-average number of shares outstanding during each period. Diluted earnings per share reflects the potential dilution that could occur upon the exercise of stock options or upon the vesting of restricted stock grants, any of which would result in the issuance of common stock that would then share in the net income of the Company. Three Months Ended Nine Months Ended 2024 2023 2024 2023 Basic earnings per share: Net income $ 13,025 $ 39,793 $ 67,574 $ 57,735 Weighted-average basic shares outstanding 45,073,482 44,408,997 44,937,409 44,298,798 Basic earnings per share $ 0.28 $ 0.89 $ 1.50 $ 1.30 Diluted earnings per share: Net income, for diluted earnings per share $ 13,025 $ 39,793 $ 67,574 $ 57,735 Total weighted-average basic shares outstanding 45,073,482 44,408,997 44,937,409 44,298,798 Add effect of dilutive stock options and restricted stock grants 880,465 859,748 769,836 724,941 Total weighted-average diluted shares outstanding 45,953,947 45,268,745 45,707,245 45,023,739 Diluted earnings per share $ 0.28 $ 0.88 $ 1.48 $ 1.28 Anti-dilutive stock options and restricted stock grants 297,730 700,768 567,464 700,768

Securities

Securities	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Securities	Securities Available-for-Sale The carrying amount of securities and their approximate fair values are reflected in the following table: September 30, 2024 Amortized Cost Unrealized Gains Unrealized Losses Fair Value U.S. government agencies $ 11,267 $ 10 $ 83 $ 11,194 Mortgage-backed securities 1,299,535 2,831 83,203 1,219,163 Municipal bonds 3,183 — 74 3,109 Total $ 1,313,985 $ 2,841 $ 83,360 $ 1,233,466 December 31, 2023 Amortized Unrealized Unrealized Fair U.S. government agencies $ 17,809 $ 2 $ 282 $ 17,529 Mortgage-backed securities 1,216,624 466 111,498 1,105,592 Municipal bonds 3,200 — 161 3,039 Total $ 1,237,633 $ 468 $ 111,941 $ 1,126,160 During the three months ended September 30, 2024, four securities totaling $3.7 million were settled. During the nine months ended September 30, 2024, six securities totaling $18.5 million were settled, one security totaling $2.5 million was called and one security totaling $3.0 million matured. During the three months ended September 30, 2023, two mortgage-backed securities totaling $4.3 million were settled. During the nine months ended September 30, 2023, four mortgage-backed securities totaling $7.0 million were settled. Accrued interest receivable on available-for-sale securities totaled $4.0 million and $3.3 million at September 30, 2024 and December 31, 2023, respectively, and is included in other assets in the accompanying Unaudited Condensed Consolidated Balance Sheets. The following tables show debt securities available-for-sale in an unrealized loss position for which an allowance for credit losses has not been recorded, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position. Less Than 12 Months 12 Months or More Total September 30, 2024 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. government agencies $ — $ — $ 9,886 $ 83 $ 9,886 $ 83 Mortgage-backed securities 67,397 416 904,177 82,787 971,574 83,203 Municipal bonds — — 3,109 74 3,109 74 Total $ 67,397 $ 416 $ 917,172 $ 82,944 $ 984,569 $ 83,360 Less Than 12 Months 12 Months or More Total December 31, 2023 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. government agencies $ — $ — $ 15,057 $ 282 $ 15,057 $ 282 Mortgage-backed securities 138,823 3,431 886,699 108,067 1,025,522 111,498 Municipal bonds — — 3,039 161 3,039 161 Total $ 138,823 $ 3,431 $ 904,795 $ 108,510 $ 1,043,618 $ 111,941 At September 30, 2024, there were 406 mortgage-backed securities, three U.S. government agencies and two municipal bonds in unrealized loss positions for greater than 12 months. There were 15 mortgage-backed securities in unrealized loss positions for less than 12 months. Unrealized losses at December 31, 2023 were comprised of 409 mortgage-backed securities, five U.S. government agencies and two municipal bonds in unrealized loss positions for greater than 12 months and 27 mortgage-backed securities in unrealized loss positions for less than 12 months. These unrealized losses are primarily the result of non-credit-related volatility in the market and market interest rates. Since none of the unrealized losses relate to the issuers' ability to honor redemption obligations, and the Company does not intend to sell the related securities and does not believe it is more likely than not that it will be required to sell the securities before recovery of amortized cost, none of the losses have been recognized in the Company’s Unaudited Condensed Consolidated Statements of Income. All mortgage-backed securities in the Company’s portfolio at September 30, 2024 and December 31, 2023 were backed by U.S. government sponsored enterprises (“GSEs”). The following is a summary of investment securities by maturity: September 30, 2024 Available-for-Sale Amortized Cost Fair Value U.S. government agencies Within one year $ 7,000 $ 6,960 One to five years 4,267 4,234 Total 11,267 11,194 Mortgage-backed securities Within one year 24,709 24,544 One to five years 188,706 182,587 Five to 10 years 217,264 200,263 After 10 years 868,856 811,769 Total 1,299,535 1,219,163 Municipal bonds Five to 10 years 3,086 3,024 After 10 years 97 85 Total 3,183 3,109 Total $ 1,313,985 $ 1,233,466 The table above reflects contractual maturities. Actual results will differ as the loans underlying the mortgage-backed securities may prepay sooner than scheduled. There were no investment securities pledged at September 30, 2024 or December 31, 2023. Equity Investments Equity investments, largely comprised of non-marketable equity investments, are generally accounted for under either the equity method or equity security accounting and are included in other assets in the accompanying Unaudited Condensed Consolidated Balance Sheets. The below tables provide additional information related to investments accounted for under these two methods. Equity Method Accounting The carrying amount and ownership percentage of each equity method investment at September 30, 2024 and December 31, 2023 is reflected in the following table: September 30, 2024 December 31, 2023 Amount Ownership % Amount Ownership % Apiture, Inc. $ 55,430 40.4 % $ 60,682 40.4 % Canapi Ventures SBIC Fund, LP (1) (5) 16,340 2.9 18,190 2.9 Canapi Ventures Fund, LP (2) (5) 1,918 1.5 2,267 1.5 Canapi Ventures Fund II, LP (3) (5) 7,455 1.6 7,232 1.6 Canapi Ventures SBIC Fund II, LP (4) (5) 7,778 2.9 7,611 2.9 Affordable housing (6) 15,105 Various 15,611 Various Solar tax credit investments (7) 6,784 99.0 6,714 99.0 Other (8) 1,390 Various 607 Various Total $ 112,200 $ 118,914 (1) Includes unfunded commitments of $5.5 million and $5.0 million as of September 30, 2024 and December 31, 2023, respectively. (2) Includes unfunded commitments of $555 thousand and $559 thousand as of September 30, 2024 and December 31, 2023, respectively. (3) Includes unfunded commitments of $6.1 million and $6.3 million as of September 30, 2024 and December 31, 2023, respectively. (4) Includes unfunded commitments of $7.0 million and $7.1 million as of September 30, 2024 and December 31, 2023, respectively. (5) Investee is accounted for under equity method due to the Company's potential influence with investment advisor. (6) Affordable Housing includes low income housing tax credit (“LIHTC”) in Estrella Landing Apartments LLC (“Estrella Landing”), in which the Company holds a 99.9% limited member interest. Also included are Cape Fear Collective Impact Opportunity 1 LLC (“Cape Fear Collective”) and Cape Fear Collective Impact Opportunity 2 LLC (“Cape Fear Collective 2”) which the Company holds 91.0% and 32.3% of limited member interests, respectively. As of September 30, 2024, and December 31, 2023, there was an unfunded commitment of $1.8 million and $7.7 million, respectively for Estrella Landing. (7) Solar tax credit investments includes Green Sun Tenant LLC (“Green Sun”), SVA 2021-2 TE Holdco LLC (“Sun Vest”), EG5 CSP1 Holding LLC (“HEP”) and HRE Lessee I, LLC (“Heelstone”), which the Company holds a 99.0% limited member interest in all investments. As of September 30, 2024, and December 31, 2023, there was an unfunded commitment of $1.0 million and $0.0 million for Heelstone, respectively. (8) Other investments includes OTR Fund I, LLC (“OTR”) which the company holds 5.9% of limited member interests. As of September 30, 2024, this investment category also includes the carried interest security related to Canapi Ventures Fund I, LP. Equity Security Accounting The carrying amount of the Company’s investments in non-marketable equity securities with no readily determinable fair value and amounts recognized in earnings on a cumulative basis as of September 30, 2024 and as of and for the nine months ended September 30, 2024 and 2023 is reflected in the following table: As of and for the nine month period ended Cumulative Adjustments September 30, 2024 September 30, 2023 Carrying value (1) $ 82,778 $ 78,508 Carrying value adjustments: Impairment $ — — Upward changes for observable prices (2) 50,901 409 — Downward changes for observable prices (1,980) (369) (999) Net upward (downward) change $ 48,921 $ 40 $ (999) (1) Includes $4.4 million and $2.6 million in unfunded commitments as of September 30, 2024, and September 30, 2023, respectively. (2) Cumulative adjustments excludes $13.9 million in realized gains for sale of an investment in the second quarter of 2021. For the three and nine months ended September 30, 2024, the Company recognized unrealized gains (losses) on all equity securities held at the reporting date of $383 thousand and $114 thousand, respectively. For the three and nine months ended September 30, 2023, the Company recognized unrealized losses on all equity securities held at the reporting date of $1.0 million. Variable Interest Entities Variable interests are defined as contractual ownership or other interests in an entity that change with fluctuations in the fair value of an entity's net asset value (a “VIE”). The primary beneficiary consolidates the VIE. The primary beneficiary is defined as the enterprise that has both the power to direct the activities of the VIE that most significantly impact the entity's economic performance and the obligation to absorb losses or the right to receive benefits that could be significant to the VIE. Solar Renewable Energy Tax Credit Investments The Company has equity interests in several limited liability companies that own and operate solar renewable energy projects which are accounted for as equity method investments. Over the course of the investments, the Company will receive federal and state tax credits, tax-related benefits, and excess cash available for distribution, if any. The Company may be called to sell its interest in the limited partnerships through a call option once all investment tax credits have been recognized. Affordable Housing The Company has an equity investment in a limited liability company LIHTC that qualifies as an affordable housing project, managed by an unrelated general partner. The Company accounts for the investment under the proportional amortization method. Under this method, an entity amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits received and recognizes the net investment performance as a component of income tax expense. The Company also has equity interests in two limited liability companies that invest in the acquisition, rehabilitation, or new construction of local qualified housing projects which are accounted for as equity method investments. Canapi Funds The Company’s limited partnership investments in the Canapi Funds focus on providing venture capital to new and emerging financial technology companies. After the initial commitment and over the course of the investment period, the Company will make capital contributions and receive profit and return of capital distributions as a result of fund performance until the funds wind down. Non-marketable and Other Equity Investments The Company also has limited interests in several non-marketable funds, including Small Business Investment Company (“SBIC”) and venture capital funds, which are generally accounted for as equity security investments. After the initial commitment and over the course of the investment period, the Company will make capital contributions and receive profit and return of capital distributions as a result of fund performance until the funds wind down. All investments are generally non-redeemable and distributions are expected to be received through the liquidation of the underlying investments throughout the life of the investment fund. All above investments meet the criteria of a VIE, however, the Company is not the primary beneficiary of the entities, as it does not have the power to direct the activities that most significantly impact the economic performance of the entities. The Company’s investment in the unconsolidated VIEs are carried in other assets and the Company’s unfunded capital and other commitments related to the unconsolidated VIEs are carried in other liabilities on the Unaudited Condensed Consolidated Balance Sheets. The Company’s maximum exposure to loss from unconsolidated VIEs includes the investment recorded on the Company’s Unaudited Condensed Consolidated Balance Sheets. For solar tax credit investments, the balance sheet figures are net of any impairment recognized, and includes previously recorded tax credits which remain subject to recapture by taxing authorities based on compliance features required to be met at the project level. While the Company believes the potential for loss from these investments is remote, the maximum exposure for LIHTC and solar tax credit investments was determined by assuming a scenario where related tax credits were recaptured. The following table provides a summary of the VIEs that the Company has not consolidated as of September 30, 2024 and December 31, 2023: September 30, 2024 Investment Carrying Amount Maximum Exposure to Loss Liability Recognized Classification Solar tax credit investments $ 6,784 $ 39,583 $ 1,008 Other assets (1) Affordable housing 15,105 15,929 1,784 Other assets & other liabilities (2) Canapi Funds 34,116 34,116 19,192 Other assets & other liabilities Non-marketable and other equity investments 10,194 10,194 4,370 Other assets & other liabilities December 31, 2023 Investment Carrying Amount Maximum Exposure to Loss Liability Recognized Classification Solar tax credit investments $ 6,714 $ 48,869 $ — Other assets (3) Affordable housing 15,611 15,611 7,715 Other assets & other liabilities (4) Canapi Funds 35,300 35,300 18,930 Other assets & other liabilities Non-marketable and other equity investments 8,840 8,840 2,321 Other assets & other liabilities (1) Maximum exposure to loss represents $6.8 million of current investments and a scenario in which related tax credits are recaptured, collectively totaling $32.8 million. (2) Maximum exposure to loss represents $15.1 million of investments and a scenario in which related tax credits are recaptured, collectively totaling $824 thousand. (3) Maximum exposure to loss represents $6.7 million of current investments and a scenario in which related tax credits are recaptured, collectively totaling $42.2 million. (4) Maximum exposure to loss represents $15.6 million of investments. As there are no tax credits allocated in 2023, there is no increase to the maximum exposure to loss related to recaptured tax credits on the $8.8 million LIHTC investment as of December 31, 2023.

Loans and Leases Held for Inves

Loans and Leases Held for Investment and Credit Quality	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Loans and Leases Held for Investment and Credit Quality	Loans and Leases Held for Investment and Credit Quality The following tables present total loans and leases held for investment and an aging analysis for the Company’s portfolio segments. Loans and leases are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Current or Less than 30 Days 30-89 Days 90 Days or More Past Due Total Past Due Total Carried at Amortized Loans Accounted for Under the Fair Value Option (1) Total Loans and Leases September 30, 2024 Commercial & Industrial Small Business Banking $ 2,168,865 $ 45,392 $ 70,197 $ 115,589 $ 2,284,454 $ 132,722 $ 2,417,176 Specialty Lending 1,332,391 13,417 — 13,417 1,345,808 4,565 1,350,373 Energy & Infrastructure 917,696 261 19,605 19,866 937,562 45,491 983,053 Paycheck Protection Program 3,263 — — — 3,263 — 3,263 Total 4,422,215 59,070 89,802 148,872 4,571,087 182,778 4,753,865 Construction & Development Small Business Banking 423,631 11,033 2,468 13,501 437,132 — 437,132 Specialty Lending 51,388 — — — 51,388 — 51,388 Energy & Infrastructure 15,442 — — — 15,442 — 15,442 Total 490,461 11,033 2,468 13,501 503,962 — 503,962 Commercial Real Estate Small Business Banking 2,682,139 40,981 40,528 81,509 2,763,648 107,511 2,871,159 Specialty Lending 819,434 12,852 — 12,852 832,286 — 832,286 Energy & Infrastructure 223,372 9,146 2,799 11,945 235,317 18,982 254,299 Total 3,724,945 62,979 43,327 106,306 3,831,251 126,493 3,957,744 Commercial Land Small Business Banking 593,114 13,101 4,080 17,181 610,295 34,100 644,395 Total 593,114 13,101 4,080 17,181 610,295 34,100 644,395 Total $ 9,230,735 $ 146,183 $ 139,677 $ 285,860 $ 9,516,595 $ 343,371 $ 9,859,966 Retained Loan Discount and Net Deferred Costs $ (28,075) Loans and Leases, Net $ 9,831,891 Guaranteed Balance $ 2,907,430 $ 63,704 $ 117,361 $ 181,065 $ 3,088,495 $ 73,984 $ 3,162,479 % Guaranteed 31.5% 43.6% 84.0% 63.3% 32.5% 21.5% 32.1% Current or Less than 30 Days 30-89 Days Past Due 90 Days or More Past Due Total Past Due Total Carried at Amortized Loans Accounted for Under the Fair Value Option (1) Total Loans and Leases December 31, 2023 Commercial & Industrial Small Business Banking $ 2,075,227 $ 16,570 $ 33,366 $ 49,936 $ 2,125,163 $ 151,887 $ 2,277,050 Specialty Lending 1,131,493 — — — 1,131,493 7,829 1,139,322 Energy & Infrastructure 842,907 2,806 4,044 6,850 849,757 46,185 895,942 Paycheck Protection Program 5,595 — — — 5,595 — 5,595 Total 4,055,222 19,376 37,410 56,786 4,112,008 205,901 4,317,909 Construction & Development Small Business Banking 413,349 1,745 — 1,745 415,094 — 415,094 Specialty Lending 47,419 — — — 47,419 — 47,419 Energy & Infrastructure 7,541 — — — 7,541 — 7,541 Total 468,309 1,745 — 1,745 470,054 — 470,054 Commercial Real Estate Small Business Banking 2,414,677 18,589 32,310 50,899 2,465,576 127,358 2,592,934 Specialty Lending 511,712 — 12,032 12,032 523,744 — 523,744 Energy & Infrastructure 158,613 — 3,072 3,072 161,685 17,751 179,436 Total 3,085,002 18,589 47,414 66,003 3,151,005 145,109 3,296,114 Commercial Land Small Business Banking 531,331 1,521 1,910 3,431 534,762 37,026 571,788 Total 531,331 1,521 1,910 3,431 534,762 37,026 571,788 Total $ 8,139,864 $ 41,231 $ 86,734 $ 127,965 $ 8,267,829 $ 388,036 $ 8,655,865 Retained Loan Discount and Net Deferred Costs $ (22,018) Loans and Leases, Net $ 8,633,847 Guaranteed Balance $ 2,877,105 $ 29,183 $ 61,107 $ 90,290 $ 2,967,395 $ 66,299 $ 3,033,694 % Guaranteed 35.3% 70.8% 70.5% 70.6% 35.9% 17.1% 35.0% (1) Retained portions of government guaranteed loans sold prior to January 1, 2021 are carried at fair value under FASB ASC Subtopic 825-10, Financial Instruments: Overall . See Note 9. Fair Value of Financial Instruments for additional information. Credit Quality Indicators The Bank uses internal loan and lease reviews to assess the performance of individual loans and leases. Each loan and lease is assigned a risk grade during the origination and closing process. Subsequent to origination, loans and lease risk grades are continually evaluated as information becomes available. The Bank performs an annual review of each borrower's financial performance to validate the accuracy of the assigned risk grade. Additionally, the loan and lease portfolio is subject to annual independent review by an external firm. Pass: These loans and leases are not impaired and have no known issues that could significantly impact their quality. There are seven categories within the Pass classification depending on the strength of the borrower, including credits that warrant additional management attention but are not currently Special Mention. Special Mention: These loans and leases show signs of weaknesses in either adequate sources of repayment or collateral. These loans and leases may contain underwriting guideline tolerances and/or exceptions with no mitigating factors; and/or instances where adverse economic conditions develop subsequent to origination that do not jeopardize liquidation of the debt but substantially increase the level of risk. Substandard: Loans and leases graded Substandard are inadequately protected by current sound net worth, paying capacity of the obligor, or pledged collateral. Loans and leases classified as Substandard must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt; are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. These loans and leases are consistently not meeting the repayment schedule. The following tables present asset quality indicators by portfolio class and origination year. Term Loans and Leases Amortized Cost Basis by Origination Year 2024 2023 2022 2021 2020 Prior Revolving Loans Revolving Loans Total (1) September 30, 2024 Small Business Banking Pass $ 785,067 $ 1,086,723 $ 1,388,276 $ 1,071,627 $ 554,927 $ 509,785 $ 115,206 $ 19,040 $ 5,530,651 Special Mention 7,036 32,023 76,061 72,176 31,983 95,949 8,144 1,108 324,480 Substandard 6,811 13,038 75,005 44,541 36,155 57,064 7,439 345 240,398 Total 798,914 1,131,784 1,539,342 1,188,344 623,065 662,798 130,789 20,493 6,095,529 Specialty Lending Pass 641,027 430,420 262,384 160,179 25,222 2,429 367,088 134,325 2,023,074 Special Mention — 11,350 58,310 35,023 36,148 — 22,396 3,907 167,134 Substandard — 1,042 17,876 12,046 — — 4,436 3,874 39,274 Total 641,027 442,812 338,570 207,248 61,370 2,429 393,920 142,106 2,229,482 Energy & Infrastructure Pass 222,067 354,989 212,845 94,771 34,881 71,171 17,530 — 1,008,254 Special Mention — — 6,494 1,925 — 25,939 — — 34,358 Substandard — — 10,595 119,342 15,772 — — — 145,709 Total 222,067 354,989 229,934 216,038 50,653 97,110 17,530 — 1,188,321 Paycheck Protection Program Pass — — — 1,888 1,375 — — — 3,263 Total — — — 1,888 1,375 — — — 3,263 Total $ 1,662,008 $ 1,929,585 $ 2,107,846 $ 1,613,518 $ 736,463 $ 762,337 $ 542,239 $ 162,599 $ 9,516,595 Year-To-Date Gross Charge-offs Small Business Banking $ — $ 1,542 $ 5,597 $ 3,533 $ 176 $ 1,681 $ 1,098 $ 170 $ 13,797 Energy & Infrastructure $ — $ — $ — $ 153 $ 273 $ — $ — $ — $ 426 Total $ — $ 1,542 $ 5,597 $ 3,686 $ 449 $ 1,681 $ 1,098 $ 170 $ 14,223 Term Loans and Leases Amortized Cost Basis by Origination Year 2023 2022 2021 2019 2018 Prior Revolving Loans Revolving Loans Total (1) December 31, 2023 Small Business Banking Pass $ 990,349 $ 1,470,824 $ 1,255,664 $ 660,926 $ 363,377 $ 296,132 $ 63,963 $ 11,047 $ 5,112,282 Special Mention 7,744 72,913 60,115 37,390 42,095 50,705 7,174 1,407 279,543 Substandard 2,286 31,487 29,636 35,611 18,429 28,700 2,621 — 148,770 Total 1,000,379 1,575,224 1,345,415 733,927 423,901 375,537 73,758 12,454 5,540,595 Specialty Lending Pass 640,596 337,880 226,170 21,286 9,103 112 210,460 58,441 1,504,048 Special Mention 8,858 52,767 35,453 43,080 9,223 — 20,547 5,417 175,345 Substandard — — 12,032 — — — 7,203 4,028 23,263 Total 649,454 390,647 273,655 64,366 18,326 112 238,210 67,886 1,702,656 Energy & Infrastructure Pass 386,421 223,309 120,917 41,919 50,035 23,308 14,818 — 860,727 Special Mention — — 104,371 13,485 7,827 18,627 — — 144,310 Substandard — 4,024 6,303 3,619 — — — — 13,946 Total 386,421 227,333 231,591 59,023 57,862 41,935 14,818 — 1,018,983 Paycheck Protection Program Pass — — 2,831 2,764 — — — — 5,595 Total — — 2,831 2,764 — — — — 5,595 Total $ 2,036,254 $ 2,193,204 $ 1,853,492 $ 860,080 $ 500,089 $ 417,584 $ 326,786 $ 80,340 $ 8,267,829 Current Period Gross Charge-offs Small Business Banking $ — $ 5,621 $ 6,435 $ 1,058 $ 1,225 $ 525 $ 1,097 $ — $ 15,961 Specialty Lending — — — — — — 7,966 — 7,966 Total $ — $ 5,621 $ 6,435 $ 1,058 $ 1,225 $ 525 $ 9,063 $ — $ 23,927 (1) Excludes $343.4 million and $388.0 million of loans accounted for under the fair value option as of September 30, 2024 and December 31, 2023, respectively. The following tables present guaranteed and unguaranteed loan and lease balances by asset quality indicator: September 30, 2024 Loan and Lease Balance (1) Guaranteed Balance Unguaranteed Balance % Guaranteed Pass $ 8,565,242 $ 2,639,737 $ 5,925,505 30.8 % Special Mention 525,972 169,371 356,601 32.2 Substandard 425,381 279,387 145,994 65.7 Total $ 9,516,595 $ 3,088,495 $ 6,428,100 32.5 % December 31, 2023 Loan and Lease Balance (1) Guaranteed Balance Unguaranteed Balance % Guaranteed Pass $ 7,482,652 $ 2,622,558 $ 4,860,094 35.0 % Special Mention 599,198 234,845 364,353 39.2 Substandard 185,979 109,992 75,987 59.1 Total $ 8,267,829 $ 2,967,395 $ 5,300,434 35.9 % (1) Excludes $343.4 million and $388.0 million of loans accounted for under the fair value option as of September 30, 2024 and December 31, 2023, respectively. Nonaccrual Loans and Leases As of September 30, 2024 and December 31, 2023 there were no loans greater than 90 days past due and still accruing. There was no interest income recognized on nonaccrual loans and leases during the three and nine months ended September 30, 2024 and 2023. Accrued interest receivable on loans totaled $74.7 million and $63.5 million at September 30, 2024 and December 31, 2023 , respectively, and is included in other assets in the accompanying Unaudited Condensed Consolidated Balance Sheets. Nonaccrual loans and leases held for investment as of September 30, 2024 and December 31, 2023 are as follows: September 30, 2024 Loan and Lease Balance (1) Guaranteed Unguaranteed Balance Unguaranteed Commercial & Industrial Small Business Banking $ 96,787 $ 80,194 $ 16,593 $ 1,204 Energy & Infrastructure 19,606 15,866 3,740 135 Total 116,393 96,060 20,333 1,339 Construction & Development Small Business Banking 3,970 3,390 580 375 Total 3,970 3,390 580 375 Commercial Real Estate Small Business Banking 64,226 48,810 15,416 6,867 Specialty Lending 11,304 — 11,304 11,304 Energy & Infrastructure 10,942 10,128 814 814 Total 86,472 58,938 27,534 18,985 Commercial Land Small Business Banking 8,740 7,789 951 269 Total 8,740 7,789 951 269 Total $ 215,575 $ 166,177 $ 49,398 $ 20,968 December 31, 2023 Loan and Lease Balance (1) Guaranteed Unguaranteed Balance Unguaranteed Commercial & Industrial Small Business Banking $ 47,558 $ 39,018 $ 8,540 $ 407 Energy & Infrastructure 6,850 2,794 4,056 2,546 Total 54,408 41,812 12,596 2,953 Construction & Development Small Business Banking 1,745 1,309 436 — Total 1,745 1,309 436 — Commercial Real Estate Small Business Banking 57,140 44,426 12,714 8,199 Specialty Lending 12,032 — 12,032 12,032 Energy & Infrastructure 3,072 2,799 273 — Total 72,244 47,225 25,019 20,231 Commercial Land Small Business Banking 6,566 5,332 1,234 194 Total 6,566 5,332 1,234 194 Total $ 134,963 $ 95,678 $ 39,285 $ 23,378 (1) Excludes loans accounted for under the fair value option. See Note 9. Fair Value of Financial Instruments for additional information. When a loan or lease is placed on nonaccrual status, any accrued interest is reversed from loan interest income. The following table summarizes the amount of accrued interest reversed during the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2024 (1) 2023 (1) 2024 (1) 2023 (1) Commercial & Industrial $ 950 $ 165 $ 1,924 $ 1,208 Commercial Real Estate 442 32 780 376 Commercial Land 28 — 80 — Construction & Development 44 — 74 — Total $ 1,464 $ 197 $ 2,858 $ 1,584 (1) Excludes loans accounted for under the fair value option. See Note 9. Fair Value of Financial Instruments for additional information. The following table presents the amortized cost basis of collateral-dependent loans and leases, which are individually evaluated to determine expected credit losses, as of September 30, 2024 and December 31, 2023: Total Collateral-Dependent Loans Unguaranteed Portion September 30, 2024 Real Estate Business Assets Other Real Estate Business Assets Other Allowance for Credit Losses Commercial & Industrial Small Business Banking $ 6,324 $ 27,759 $ — $ 1,255 $ 6,747 $ — $ 5,107 Specialty Lending — 14,976 — — 14,976 — 7,181 Energy & Infrastructure 94,131 2,869 — 13,350 74 — — Total 100,455 45,604 — 14,605 21,797 — 12,288 Commercial Real Estate Small Business Banking 35,887 715 — 7,608 715 — 769 Total 35,887 715 — 7,608 715 — 769 Commercial Land Small Business Banking 4,794 — — 2,481 — — 978 Total 4,794 — — 2,481 — — 978 Total $ 141,136 $ 46,319 $ — $ 24,694 $ 22,512 $ — $ 14,035 Total Collateral-Dependent Loans Unguaranteed Portion December 31, 2023 Real Estate Business Assets Other Real Estate Business Assets Other Allowance for Credit Losses Commercial & Industrial Small Business Banking $ 2,737 $ 2,426 $ — $ 421 $ 547 $ — $ 277 Specialty Lending — 4,711 — — 4,711 — — Energy & Infrastructure — 3,022 — — 227 — — Total 2,737 10,159 — 421 5,485 — 277 Commercial Real Estate Small Business Banking 21,211 — — 6,298 — — — Total 21,211 — — 6,298 — — — Commercial Land Small Business Banking 1,735 — — 200 — — — Total 1,735 — — 200 — — — Total $ 25,683 $ 10,159 $ — $ 6,919 $ 5,485 $ — $ 277 Allowance for Credit Losses - Loans and Leases See Note 1. Organization and Summary of Significant Accounting Policies of the Notes to the Consolidated Financial Statements in the Company’s 2023 Form 10-K for a description of the methodologies used to estimate the ACL. The following table details activity in the ACL by portfolio segment allowance for the periods presented: Three Months Ended Commercial Construction & Commercial Commercial Total September 30, 2024 Beginning Balance $ 108,166 $ 3,694 $ 23,540 $ 2,467 $ 137,867 Charge offs (1,739) — (273) (16) (2,028) Recoveries 41 — 269 8 318 Provision (Recovery) 26,580 291 4,437 1,272 32,580 Ending Balance $ 133,048 $ 3,985 $ 27,973 $ 3,731 $ 168,737 September 30, 2023 Beginning Balance $ 79,407 $ 6,428 $ 29,908 $ 4,373 $ 120,116 Charge offs (9,088) — (287) — (9,375) Recoveries 104 — 149 — 253 Provision (Recovery) 10,395 (448) 134 198 10,279 Ending Balance $ 80,818 $ 5,980 $ 29,904 $ 4,571 $ 121,273 Nine Months Ended Commercial Construction & Commercial Commercial Total September 30, 2024 Beginning Balance $ 87,581 $ 4,717 $ 28,864 $ 4,678 $ 125,840 Charge offs (13,483) (338) (378) (24) (14,223) Recoveries 553 — 536 8 1,097 Provision (Recoveries) 58,397 (394) (1,049) (931) 56,023 Ending Balance $ 133,048 $ 3,985 $ 27,973 $ 3,731 $ 168,737 September 30, 2023 Beginning Balance $ 64,995 $ 5,101 $ 22,901 $ 3,569 $ 96,566 Adoption of ASU 2022-02 (25) (166) (83) (402) (676) Charge offs (17,564) — (979) — (18,543) Recoveries 685 — 913 — 1,598 Provision 32,727 1,045 7,152 1,404 42,328 Ending Balance $ 80,818 $ 5,980 $ 29,904 $ 4,571 $ 121,273 During the three months ended September 30, 2024, the ACL increased primarily as a result of an increase in specific reserves on loans individually evaluated for impairment. During the nine months ended September 30, 2024, the ACL increased as a result of specific reserve changes on individually evaluated loans and continued growth of the loan and lease portfolio. Loss rates are adjusted for twelve month forecasted unemployment followed by a twelve-month straight-line reversion period. During the three and nine months ended September 30, 2023, the ACL increased as a result of continued loan growth, combined with specific reserve changes on individually evaluated loans and charge-off related impacts. Additionally, during the first quarter of 2023, certain assumptions were refined, drawing more heavily on internal data, in the calculations of PD, LGD, and prepayment rates. These refinements increased the ACL by $1.5 million during the nine months ended September 30, 2023. Loss rates are adjusted for twelve month forecasted unemployment followed by a twelve-month straight-line reversion period. Loan Modifications for Borrowers Experiencing Financial Difficulty The Company may agree to modify the contractual terms of a loan to a borrower experiencing financial difficulty as a part of ongoing loss mitigation strategies. These modifications may result in an interest rate reduction, term extension, an other-than-insignificant payment delay, or a combination thereof. The Company typically does not offer principal forgiveness. The following tables summarize the amortized cost basis of loans that were modified during the three and nine months ended September 30, 2024 and September 30, 2023, respectively: Three Months Ended September 30, 2024 Other-Than-Insignificant Term Extension Interest Rate Reduction Combination - Term Extension & Interest Rate Reduction % of Total Class of Small Business Banking $ 2,014 $ — $ — $ — 0.03 % Specialty Lending — — 3,478 2,500 0.16 Total $ 2,014 $ — $ 3,478 $ 2,500 0.19 % Nine Months Ended September 30, 2024 Other-Than-Insignificant Term Extension Interest Rate Reduction Combination - Term Extension & Interest Rate Reduction % of Total Class of Small Business Banking $ 8,278 $ — $ — $ — 0.14 % Specialty Lending — — 3,478 2,500 0.16 Total $ 8,278 $ — $ 3,478 $ 2,500 0.30 % Three Months Ended September 30, 2023 Other-Than-Insignificant Term Extension Interest Rate Reduction Combination - Term Extension & Payment Delay % of Total Class of Small Business Banking $ 10,117 $ 5,184 $ — $ — 0.28 % Total $ 10,117 $ 5,184 $ — $ — 0.28 % Nine Months Ended September 30, 2023 Other-Than-Insignificant Term Extension Interest Rate Reduction Combination - Term Extension & Payment Delay % of Total Class of Small Business Banking $ 10,117 $ 5,184 $ 3,356 $ 361 0.35 % Specialty Lending — 399 — 4,164 0.30 Energy & Infrastructure — 13,485 — — 1.66 Total $ 10,117 $ 19,068 $ 3,356 $ 4,525 2.31 % As of September 30, 2024, the Company had $6.3 million in commitments to lend additional funds to these borrowers. The following table presents an aging analysis of loans that were modified within the twelve months ended September 30, 2024 and September 30, 2023, respectively: September 30, 2024 Current 30-89 Days 90 Days or More Past Due Total Past Due Small Business Banking $ 8,278 $ — $ — $ — Specialty Lending 5,978 — — — Total $ 14,256 $ — $ — $ — September 30, 2023 Current 30-89 Days 90 Days or More Past Due Total Past Due Small Business Banking $ 19,018 $ — $ — $ — Specialty Lending 4,563 — — — Energy & Infrastructure 13,485 — — — Total $ 37,066 $ — $ — $ — The following tables summarize the financial impacts of loan modifications made to borrowers experiencing financial difficulty during the periods presented: Three Months Ended September 30, 2024 Weighted Average Weighted Average Specialty Lending 5.00 % 7 Nine Months Ended September 30, 2024 Weighted Average Weighted Average Specialty Lending 5.00 % 7 Three Months Ended September 30, 2023 Weighted Average Weighted Average Small Business Banking — % 60 Nine Months Ended September 30, 2023 Weighted Average Weighted Average Small Business Banking 1.41 % 67 Specialty Lending — 70 Energy & Infrastructure — 12 Additionally, there were no loans that were modified within the twelve months ended September 30, 2024 that subsequently defaulted during the periods presented.

Leases

Leases	9 Months Ended
	Sep. 30, 2024
Leases [Abstract]
Leases	Leases Lessor Equipment Leasing The Company may purchase new equipment for the purpose of leasing such equipment to customers within its verticals. Equipment purchased to fulfill commitments to commercial renewable energy projects is rented out under operating leases while leases of equipment outside of the renewable energy vertical are generally direct financing leases. Accordingly, leased assets under operating leases are included in premises and equipment, net while leased assets under direct financing leases are included in loans and leases held for investment in the accompanying Unaudited Condensed Consolidated Balance Sheets. Direct Financing Leases Interest income on direct financing leases is recognized when earned. Unearned interest is recognized over the lease term on a basis which results in a constant rate of return on the unrecovered lease investment. The term of each lease is generally 3 to 7 years which is consistent with the useful life of the equipment with no residual value. The net investment in direct finance leases included in loans and leases held for investment are as follows: September 30, 2024 December 31, 2023 Gross direct finance lease payments receivable $ 1,357 $ 2,335 Less – unearned interest (116) (218) Net investment in direct financing leases $ 1,241 $ 2,117 Future minimum lease payments to be received under finance leases are as follows: As of September 30, 2024 Amount 2024 $ 322 2025 929 2026 106 Total $ 1,357 Interest income of $29 thousand and $72 thousand was recognized in the three months ended September 30, 2024 and 2023, respectively. Interest income of $95 thousand and $211 thousand was recognized in the nine months ended September 30, 2024 and 2023, respectively. Operating Leases The term of each operating lease is generally 10 to 15 years. The Company retains ownership of the equipment and associated tax benefits such as investment tax credits and accelerated depreciation. At the end of the lease term, the lessee has the option to renew the lease for two additional terms or purchase the equipment at the then-current fair market value. Rental revenue from operating leases is recognized on a straight-line basis over the term of the lease. Rental equipment is recorded at cost and depreciated to an estimated residual value on a straight-line basis over the estimated useful life. The useful lives generally range from 20 to 25 years and residual values generally range from 20% to 50%, however, they are subject to periodic evaluation. Changes in useful lives or residual values will impact depreciation expense and any gain or loss from the sale of used equipment. The estimated useful lives and residual values of the Company's leasing equipment are based on industry disposal experience and the Company's expectations for future sale prices. If the Company decides to sell or otherwise dispose of rental equipment, it is carried at the lower of cost or fair value less costs to sell or dispose. Repair and maintenance costs that do not extend the lives of the rental equipment are charged to equipment expense at the time the costs are incurred. As of September 30, 2024 and December 31, 2023, the Company had a net investment of $96.0 million and $104.0 million, respectively, in assets included in premises and equipment, net that are subject to operating leases. Of the net investment, the gross balance of the assets was $160.7 million and $162.3 million as of September 30, 2024 and December 31, 2023, respectively. Accumulated depreciation was $64.7 million and $58.3 million as of September 30, 2024 and December 31, 2023, respectively. Depreciation expense recognized on these assets was $2.4 million for the three months ended September 30, 2024 and 2023. Depreciation expense recognized on these assets was $7.1 million and $7.2 million for the nine months ended September 30, 2024 and 2023, respectively. Lease income of $2.3 million and $2.4 million was recognized in the three months ended September 30, 2024 and 2023, respectively. Lease income of $7.1 million was recognized in the nine months ended September 30, 2024 and 2023. A maturity analysis of future minimum lease payments to be received under non-cancelable operating leases is as follows: As of September 30, 2024 Amount 2024 $ 2,988 2025 8,741 2026 8,721 2027 8,483 2028 3,837 Thereafter 9,708 Total $ 42,478
Leases	Leases Lessor Equipment Leasing The Company may purchase new equipment for the purpose of leasing such equipment to customers within its verticals. Equipment purchased to fulfill commitments to commercial renewable energy projects is rented out under operating leases while leases of equipment outside of the renewable energy vertical are generally direct financing leases. Accordingly, leased assets under operating leases are included in premises and equipment, net while leased assets under direct financing leases are included in loans and leases held for investment in the accompanying Unaudited Condensed Consolidated Balance Sheets. Direct Financing Leases Interest income on direct financing leases is recognized when earned. Unearned interest is recognized over the lease term on a basis which results in a constant rate of return on the unrecovered lease investment. The term of each lease is generally 3 to 7 years which is consistent with the useful life of the equipment with no residual value. The net investment in direct finance leases included in loans and leases held for investment are as follows: September 30, 2024 December 31, 2023 Gross direct finance lease payments receivable $ 1,357 $ 2,335 Less – unearned interest (116) (218) Net investment in direct financing leases $ 1,241 $ 2,117 Future minimum lease payments to be received under finance leases are as follows: As of September 30, 2024 Amount 2024 $ 322 2025 929 2026 106 Total $ 1,357 Interest income of $29 thousand and $72 thousand was recognized in the three months ended September 30, 2024 and 2023, respectively. Interest income of $95 thousand and $211 thousand was recognized in the nine months ended September 30, 2024 and 2023, respectively. Operating Leases The term of each operating lease is generally 10 to 15 years. The Company retains ownership of the equipment and associated tax benefits such as investment tax credits and accelerated depreciation. At the end of the lease term, the lessee has the option to renew the lease for two additional terms or purchase the equipment at the then-current fair market value. Rental revenue from operating leases is recognized on a straight-line basis over the term of the lease. Rental equipment is recorded at cost and depreciated to an estimated residual value on a straight-line basis over the estimated useful life. The useful lives generally range from 20 to 25 years and residual values generally range from 20% to 50%, however, they are subject to periodic evaluation. Changes in useful lives or residual values will impact depreciation expense and any gain or loss from the sale of used equipment. The estimated useful lives and residual values of the Company's leasing equipment are based on industry disposal experience and the Company's expectations for future sale prices. If the Company decides to sell or otherwise dispose of rental equipment, it is carried at the lower of cost or fair value less costs to sell or dispose. Repair and maintenance costs that do not extend the lives of the rental equipment are charged to equipment expense at the time the costs are incurred. As of September 30, 2024 and December 31, 2023, the Company had a net investment of $96.0 million and $104.0 million, respectively, in assets included in premises and equipment, net that are subject to operating leases. Of the net investment, the gross balance of the assets was $160.7 million and $162.3 million as of September 30, 2024 and December 31, 2023, respectively. Accumulated depreciation was $64.7 million and $58.3 million as of September 30, 2024 and December 31, 2023, respectively. Depreciation expense recognized on these assets was $2.4 million for the three months ended September 30, 2024 and 2023. Depreciation expense recognized on these assets was $7.1 million and $7.2 million for the nine months ended September 30, 2024 and 2023, respectively. Lease income of $2.3 million and $2.4 million was recognized in the three months ended September 30, 2024 and 2023, respectively. Lease income of $7.1 million was recognized in the nine months ended September 30, 2024 and 2023. A maturity analysis of future minimum lease payments to be received under non-cancelable operating leases is as follows: As of September 30, 2024 Amount 2024 $ 2,988 2025 8,741 2026 8,721 2027 8,483 2028 3,837 Thereafter 9,708 Total $ 42,478

Servicing Assets

Servicing Assets	9 Months Ended
	Sep. 30, 2024
Transfers and Servicing [Abstract]
Servicing Assets	Servicing Assets Loans serviced for others are not included in the accompanying Unaudited Condensed Consolidated Balance Sheets. The unpaid principal balance of loans serviced for others requiring recognition of a servicing asset was $3.38 billion and $3.09 billion at September 30, 2024 and December 31, 2023, respectively. The unpaid principal balance for all loans serviced for others was $4.45 billion and $4.24 billion at September 30, 2024 and December 31, 2023, respectively. The following table summarizes the activity pertaining to servicing rights measured at fair value: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Balance at beginning of period $ 51,303 $ 31,042 $ 48,186 $ 26,323 Additions, net 5,200 4,750 13,938 11,944 Fair value changes: Due to changes in valuation inputs or assumptions (1,824) 13,334 (902) 15,457 Decay due to increases in principal paydowns or runoff (2,384) (1,999) (8,927) (6,597) Balance at end of period $ 52,295 $ 47,127 $ 52,295 $ 47,127 See Note 9. Fair Value of Financial Instruments for further details about servicing assets measured at fair value. The fair value of servicing rights was determined using a weighted average discount rate of 14.5% on September 30, 2024 and 15.0% on September 30, 2023. The fair value of servicing rights was determined using a weighted average prepayment speed of 15.7% on September 30, 2024 and 15.3% on September 30, 2023, with the actual rate depending on the stratification of the specific right. Changes to fair value are reported in loan servicing asset revaluation within the Unaudited Condensed Consolidated Statements of Income. As of September 30, 2024, the Company had servicing assets related to conventional commercial loans carried at amortized cost of $258 thousand.

Borrowings

Borrowings	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Borrowings	Borrowings Total outstanding borrowings consisted of the following: September 30, December 31, Borrowings In March 2021, the Company entered into a 60-month term loan agreement of $50.0 million with a third party correspondent bank. The loan accrues interest at a fixed rate of 2.95% with a monthly payment sufficient to fully amortize the loan, with all remaining unpaid principal and interest due at maturity on March 30, 2026. The Company paid the Lender a non-refundable $325 thousand loan origination fee upon signing of the Note that is presented as a direct deduction from the carrying amount of the loan and will be amortized into interest expense over the life of the loan. $ 15,758 $ 23,354 In March 2024, the Company entered into a 60-month term loan agreement of $100.0 million with a third party correspondent bank. The loan accrues interest at a fixed rate of 5.95% with monthly interest payments until maturity on March 28, 2029, and $33.0 million of principal to be paid in year 4, and $67.0 million of principal to be paid in year 5. The Company paid the Lender a non-refundable $600 thousand loan origination fee upon signing of the Note that is represented as a direct deduction from the carrying amount of the loan and will be amortized into interest expense over the life of the loan. 99,470 — Other long term debt (1) 143 — Total borrowings $ 115,371 $ 23,354 (1) Includes finance leases. As of September 30, 2024 and December 31, 2023, the Company’s unused borrowing capacity was $3.69 billion and $3.68 billion, respectively, based upon securities and loans identified as available for collateral. Unused borrowing capacity consists of access through the Federal Reserve Bank's discount window, available lines of credit with the Federal Home Loan Bank and other correspondent banks, access to a repurchase agreement, and the Federal Reserve Bank's Bank Term Funding Program which ended March 11, 2024. If additional collateral is available, the Company's aggregate borrowing capacity with all of the above sources is $6.37 billion and $6.28 billion as of September 30, 2024 and December 31, 2023, respectively.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair Value Hierarchy There are three levels of inputs in the fair value hierarchy that may be used to measure fair value. Financial instruments are considered Level 1 when valuation can be based on quoted prices in active markets for identical assets or liabilities. Level 2 financial instruments are valued using quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or models using inputs that are observable or can be corroborated by observable market data of substantially the full term of the assets or liabilities. Financial instruments are considered Level 3 when their values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable and when determination of the fair value requires significant management judgment or estimation. Recurring Fair Value The table below provides a rollforward of the Level 3 equity warrant asset fair values: Three Months Ended September 30, Nine Months Ended September 30, Equity Warrant Assets 2024 2023 2024 2023 Balance at beginning of period $ 7,407 $ 2,251 $ 2,874 $ 2,210 New equity warrant assets 298 708 791 952 Changes in fair value, net (127) 19 6,119 37 Settlements (264) — (2,470) (221) Balance at end of period $ 7,314 $ 2,978 $ 7,314 $ 2,978 The tables below present the recorded amount of assets and liabilities measured at fair value on a recurring basis. September 30, 2024 Total Level 1 Level 2 Level 3 Investment securities available-for-sale US government agencies $ 11,194 $ — $ 11,194 $ — Mortgage-backed securities 1,219,163 — 1,219,163 — Municipal bonds (1) 3,109 — 3,024 85 Loans held for investment 343,371 — — 343,371 Servicing assets (2) 52,295 — — 52,295 Mutual fund 740 — 740 — Equity warrant assets 7,314 — — 7,314 Total assets at fair value $ 1,637,186 $ — $ 1,234,121 $ 403,065 December 31, 2023 Total Level 1 Level 2 Level 3 Investment securities available-for-sale US government agencies $ 17,529 $ — $ 17,529 $ — Mortgage-backed securities 1,105,592 — 1,105,592 — Municipal bonds (1) 3,039 — 2,954 85 Loans held for investment 388,036 — — 388,036 Servicing assets (2) 48,186 — — 48,186 Mutual fund 1,645 — 1,645 — Equity warrant assets 2,874 — — 2,874 Total assets at fair value $ 1,566,901 $ — $ 1,127,720 $ 439,181 (1) During the three and nine months ended September 30, 2024 there was no level 3 fair value adjustment gain or loss. During the three months ended September 30, 2023, there was no level 3 fair value adjustment gain or loss. During the nine months ended September 30, 2023, the Company recorded a level 3 fair value adjustment loss of $9 thousand. (2) See Note 7 for a rollforward of recurring Level 3 fair values for servicing assets. For additional information on the valuation techniques and significant inputs for Level 2 and Level 3 assets and liabilities that are measured at fair value on a recurring basis, see Note 10. Fair Value of Financial Instruments in the Company’s 2023 Form 10-K. Additionally, see Note 1. Basis of Presentation of the accompanying Notes to the Unaudited Condensed Consolidated Financial Statements for information related to changes in valuation techniques for the Company's loan servicing assets and loans accounted for under the fair value option. Fair Value Option Until the first quarter of 2021, the Company had historically elected to account for retained participating interests of all government guaranteed loans under the fair value option in order to align the accounting presentation with the Company’s viewpoint of the economics of the loans. Interest income is recognized in the same manner on loans reported at fair value as on non-fair value loans, except in regard to origination fees and costs which are recognized immediately upon fair value election. Not electing fair value generally results in a larger discount being recorded on the date of the sale. This discount is subsequently accreted into interest income over the underlying loan’s remaining term using the effective interest method. Management made this change of election in alignment with its ongoing effort to reduce volatility and drive more predictable revenue. In accordance with GAAP, any loans for which fair value was previously elected continue to be measured as such. There were no loans accounted for under the fair value option that were 90 days or more past due and still accruing interest at September 30, 2024 or December 31, 2023. The unpaid principal balance of unguaranteed exposure for nonaccruals was $9.5 million and $9.1 million at September 30, 2024 and December 31, 2023, respectively. The following tables provide more information about the fair value carrying amount and the unpaid principal outstanding of loans accounted for under the fair value option at September 30, 2024 and December 31, 2023. September 30, 2024 Total Loans Nonaccruals 90 Days or More Past Due Fair Value Unpaid Difference Fair Value Unpaid Difference Fair Value Unpaid Difference Fair Value Option Elections Loans held for investment $ 343,371 $ 359,023 $ (15,653) $ 58,494 $ 60,046 $ (1,551) $ 54,094 $ 55,583 $ (1,489) December 31, 2023 Total Loans Nonaccruals 90 Days or More Past Due Fair Value Unpaid Difference Fair Value Unpaid Difference Fair Value Unpaid Difference Fair Value Option Elections Loans held for investment $ 388,036 $ 407,544 $ (19,508) $ 48,474 $ 50,749 $ (2,275) $ 36,490 $ 37,939 $ (1,449) The following table presents the net gains (losses) from changes in fair value. Three Months Ended September 30, Nine Months Ended September 30, Gains (Losses) on Loans Accounted for under the Fair Value Option 2024 2023 2024 2023 Loans held for investment $ 2,255 $ (568) $ 2,208 $ (3,369) Gains and (losses) related to borrower-specific credit risk were $0 for the three and nine months ended September 30, 2024, and $0 and $3.5 million for the three and nine months ended September 30, 2023, respectively. The following tables summarize the activity pertaining to loans accounted for under the fair value option: Three Months Ended September 30, Nine Months Ended September 30, Loans held for investment 2024 2023 2024 2023 Balance at beginning of period $ 363,017 $ 441,781 $ 388,036 $ 494,458 Repurchases 3,312 3,390 16,125 19,287 Fair value changes (1) 2,255 (568) 2,208 (3,369) Settlements (25,213) (34,475) (62,998) (100,248) Balance at end of period $ 343,371 $ 410,128 $ 343,371 $ 410,128 (1) Three and nine month periods ended September 30, 2023 include a $1.3 million increase related to change in estimate implemented on July 1, 2023. See Note 1. Basis of Presentation for additional information. Non-Recurring Fair Value The tables below present the recorded amount of assets measured at fair value on a non-recurring basis. The Company has no liabilities recorded at fair value on a non-recurring basis. September 30, 2024 Total Level 1 Level 2 Level 3 Collateral-dependent loans $ 13,400 $ — $ — $ 13,400 Total assets at fair value $ 13,400 $ — $ — $ 13,400 December 31, 2023 Total Level 1 Level 2 Level 3 Collateral-dependent loans $ 4,503 $ — $ — $ 4,503 Foreclosed assets 6,481 — — 6,481 Total assets at fair value $ 10,984 $ — $ — $ 10,984 For additional information on the valuation techniques and significant inputs for Level 2 and Level 3 assets that are measured at fair value on a non-recurring basis, see Note 10. Fair Value of Financial Instruments in the Company’s 2023 Form 10-K. Level 3 Analysis For Level 3 assets measured at fair value on a recurring or non-recurring basis as of September 30, 2024 and December 31, 2023, the significant unobservable inputs used in the fair value measurements were as follows: September 30, 2024 Level 3 Assets with Significant Unobservable Inputs Fair Value Valuation Technique Significant Unobservable Inputs Range Weighted Average (1) Recurring fair value Municipal bond $ 85 Discounted expected cash flows Discount rate 7.0 % N/A Prepayment speed 5.0 % N/A Loans held for investment $ 343,371 Discounted expected cash flows Loss rate 0.0 % - 6.3 % 1.1 % Discount rate 7.5 % - 18.0 % 9.1 % Prepayment speed 14.4 % - 30.3 % 16.3 % Servicing assets $ 52,295 Discounted expected cash flows Discount rate 14.5 % 14.5 % Prepayment speed 12.1 % - 18.2 % 15.7 % Equity warrant assets $ 7,314 Black-Scholes option pricing model Volatility 13.1 % - 90.0 % 31.8 % Risk-free interest rate 3.6 % - 3.8 % 3.6 % Marketability discount 5.0 % - 25.0 % 10.3 % Remaining life 3.2 - 12.0 years 4.6 years Non-recurring fair value Collateral-dependent loans $ 13,400 Discounted appraisals Appraisal adjustments (2) 0.0 % - 92.9 % 48.7 % December 31, 2023 Level 3 Assets with Significant Unobservable Inputs Fair Value Valuation Technique Significant Unobservable Inputs Range Weighted Average (1) Recurring fair value Municipal bond $ 85 Discounted expected cash flows Discount rate 7.0 % N/A Prepayment speed 5.0 % N/A Loans held for investment $ 388,036 Discounted expected cash flows Loss rate 0.0 % - 7.4 % 1.2 % Discount rate 6.7 % - 18.0 % 9.6 % Prepayment speed 14.0% - 30.3% 16.0 % Servicing assets $ 48,186 Discounted expected cash flows Discount rate 14.5 % 14.5 % Prepayment speed 11.8% - 17.8% 15.3 % Equity warrant assets $ 2,874 Black-Scholes option pricing model Volatility 26.9 % - 90.0 % 35.8 % Risk-free interest rate 3.8 % - 3.9 % 3.9 % Marketability discount 20.0% - 25.0% 22.7 % Remaining life 3.9 - 10 years 7.6 years Non-recurring fair value Collateral-dependent loans $ 4,503 Discounted appraisals Appraisal adjustments (2) 10.0 % - 70.0 % 38.7 % Foreclosed assets $ 6,481 Discounted appraisals Appraisal adjustments (2) 10.0% - 17.4% 10.4 % (1) Weighted averages are determined by the relative fair value of the instruments or the relative contribution to the instruments fair value. (2) Appraisals may be adjusted by management for customized discounting criteria, estimated sales costs, and other qualitative adjustments. Estimated Fair Value of Other Financial Instruments GAAP also requires disclosure of the fair value of financial instruments carried at book value on the Unaudited Condensed Consolidated Balance Sheets. The carrying amounts and estimated fair values of the Company’s financial instruments not measured at fair value on a recurring or non-recurring basis are as follows: September 30, 2024 Carrying Amount Quoted Price Significant Significant Total Financial assets Cash and due from banks $ 666,585 $ 666,585 $ — $ — $ 666,585 Certificates of deposit with other banks 250 250 — — 250 Loans held for sale 359,977 — — 382,752 382,752 Loans and leases held for investment, net of allowance for credit losses on loans and leases 9,319,783 — — 9,781,850 9,781,850 Financial liabilities Deposits 11,400,547 — 11,294,804 — 11,294,804 Borrowings 115,371 — — 125,733 125,733 December 31, 2023 Carrying Amount Quoted Price Significant Significant Total Financial assets Cash and due from banks $ 582,540 $ 582,540 $ — $ — $ 582,540 Certificates of deposit with other banks 250 250 — — 250 Loans held for sale 387,037 — — 402,096 402,096 Loans and leases held for investment, net of allowance for credit losses on loans and leases 8,119,971 — — 8,600,046 8,600,046 Financial liabilities Deposits 10,275,019 — 10,080,182 — 10,080,182 Borrowings 23,354 — — 22,844 22,844

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation In the normal course of business, the Company is involved in various legal proceedings. Management believes that the outcome of such proceedings will not materially affect the financial position, results of operations or cash flows of the Company. Financial Instruments with Off-Balance-Sheet Risk The Company is party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve, to varying degrees, credit risk in excess of the amount recognized in the balance sheet. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as for on-balance-sheet instruments. A summary of the Company’s commitments is as follows: September 30, 2024 December 31, 2023 Commitments to extend credit (1) $ 3,428,065 $ 2,921,978 Standby letters of credit 7,926 20,487 Airplane purchase agreement commitments — 9,000 Total unfunded off-balance-sheet credit risk $ 3,435,991 $ 2,951,465 (1) Includes unfunded overdraft protection. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the party. Collateral held varies, but may include accounts receivable, inventory, property and equipment, residential real estate and income-producing commercial properties. Commitment letters are issued after approval of the loan by the Credit Department and generally expire ninety days after issuance. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Those guarantees are primarily issued to support public and private borrowing arrangements. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. Collateral held varies as specified above and is required in instances which the Company deems necessary. The allowance for off-balance-sheet credit exposures was $12.4 million and $4.8 million at September 30, 2024 and December 31, 2023, respectively. During the three and nine months ended September 30, 2024, the Company recorded $1.9 million and $7.5 million, respectively, in expense related to the allowance for off-balance sheet credit exposures. During the three and nine months ended September 30, 2023, the Company recorded a $161 thousand expense reversal and $3.1 million in expense, respectively, related to the allowance for off-balance sheet credit exposures. Beginning in the second quarter of 2024, this expense was presented in the provision for credit losses. This expense has historically been presented in other expense and that classification remains unchanged for prior periods. Other Commitments As of September 30, 2024 and December 31, 2023, the Company recorded unfunded commitments to provide capital contributions for on-balance-sheet investments in the amount of $26.4 million and $29.0 million, respectively. Concentrations of Credit Risk The distribution of commitments to extend credit approximates the distribution of loans outstanding. The Company generally does not have a significant number of credits to any single borrower or group of related borrowers whereby their retained unguaranteed exposure exceeds $20.0 million, except for forty-four relationships that have a retained unguaranteed exposure of $1.71 billion of which $1.12 billion of the unguaranteed exposure has been disbursed. Additionally, the Company has future minimum lease payments receivable under non-cancelable operating leases totaling $42.5 million, of which no relationships exceed $20.0 million. The Company from time-to-time may have cash and cash equivalents on deposit with other financial institutions that exceed federally-insured limits. Geographic Concentration s The following table presents the geographic concentration of the Company's loan and lease portfolio at September 30, 2024: % of Total Geographic Regions (1) Southeast 32.1 % West 25.1 Northeast 17.3 Midwest 12.6 Southwest 12.4 Non-U.S. 0.5 Total 100.0 % (1) Concentrations are stated as a percentage of total unguaranteed loans held for investment. Midwest consists of ND, SD, NE, KS, MN, IA,WI, MO, IL, IN, MI and OH. Northeast consists of MD, DE, PA, NJ, NY, CT, RI, MA, VT, ME and NH. Southeast consists of AR, LA, MS, TN, AL, GA, FL, SC, KY, NC, VA, WV, DC, PR and VI. Southwest consists of AZ, NM, TX and OK. West consists of WA, OR, CA, NV, ID, MT, WY, CO, UT, AK and HI. Non-U.S. includes addressees with foreign domicile. Domicile is determined by the principal resident or business address of the entity.

Segments

Segments	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Segments	Segments The Company's management reporting process measures the performance of its operating segments based on internal operating structure, which is subject to change from time-to-time. Accordingly, the Company operates two reportable segments for management reporting purposes as discussed below: Banking - This segment specializes in providing financing services to small businesses nationwide in targeted industries and deposit-related services to small businesses, consumers and other customers nationwide. The primary source of revenue for this segment is net interest income and secondarily the origination and sale of government guaranteed loans. Fintech - This segment is involved in making strategic investments into emerging financial technology companies. The primary sources of revenue for this segment are principally gains and losses on equity method and equity security investments and management fees. The Fintech segment is comprised of the Company's direct wholly owned subsidiaries Live Oak Ventures and Canapi Advisors, and the investments held by those entities, as well as the Bank's investment in Apiture. The following tables provide financial information for the Company's segments. The information provided under the caption “Other” represents operations not considered to be reportable segments and/or general operating expenses of the Company, and includes the parent company, other non-bank subsidiaries and elimination adjustments to reconcile the results of the operating segments to the Unaudited Condensed Consolidated Financial Statements prepared in conformity with GAAP. Banking Fintech Other Consolidated As of and for the three months ended September 30, 2024 Interest income $ 208,897 $ 3 $ 36 $ 208,936 Interest expense 110,176 — 1,760 111,936 Net interest income (loss) 98,721 3 (1,724) 97,000 Provision for credit losses 34,502 — — 34,502 Noninterest income 31,196 (56) 1,792 32,932 Noninterest expense 73,383 1,469 2,737 77,589 Income tax expense (benefit) 5,824 (411) (597) 4,816 Net income (loss) $ 16,208 $ (1,111) $ (2,072) $ 13,025 Total assets $ 12,470,278 $ 137,272 $ (204) $ 12,607,346 As of and for the three months ended September 30, 2023 Interest income $ 180,416 $ (6) $ 201 $ 180,611 Interest expense 90,914 — 287 91,201 Net interest income (loss) 89,502 (6) (86) 89,410 Provision for credit losses 10,279 — — 10,279 Noninterest income 35,730 1,652 509 37,891 Noninterest expense 69,480 3,069 1,713 74,262 Income tax expense (benefit) 3,084 (5) (112) 2,967 Net income (loss) $ 42,389 $ (1,418) $ (1,178) $ 39,793 Total assets $ 10,800,881 $ 110,914 $ 38,665 $ 10,950,460 Banking Fintech Other Consolidated As of and for the nine months ended September 30, 2024 Interest income $ 599,534 $ 30 $ 240 $ 599,804 Interest expense 317,532 — 3,841 321,373 Net interest income (loss) 282,002 30 (3,601) 278,431 Provision for credit losses 62,631 — — 62,631 Noninterest income 88,536 1,569 3,083 93,188 Noninterest expense 219,517 6,540 6,925 232,982 Income tax expense (benefit) 12,285 (1,279) (2,574) 8,432 Net income (loss) $ 76,105 $ (3,662) $ (4,869) $ 67,574 Total assets $ 12,470,278 $ 137,272 $ (204) $ 12,607,346 As of and for the nine months ended September 30, 2023 Interest income $ 501,271 $ 14 $ 454 $ 501,739 Interest expense 245,094 — 916 246,010 Net interest income (loss) 256,177 14 (462) 255,729 Provision for credit losses 42,328 — — 42,328 Noninterest income 74,215 5,689 1,722 81,626 Noninterest expense 215,879 8,032 5,770 229,681 Income tax expense (benefit) 7,785 177 (351) 7,611 Net income (loss) $ 64,400 $ (2,506) $ (4,159) $ 57,735 Total assets $ 10,800,881 $ 110,914 $ 38,665 $ 10,950,460

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General	General In the opinion of management, all adjustments necessary for a fair presentation of the financial position and results of operations for the periods presented have been included, and all intercompany transactions have been eliminated in consolidation. Results of operations for the three and nine months ended September 30, 2024 are not necessarily indicative of the results of operations that may be expected for the year ending December 31, 2024. The Condensed Consolidated Balance Sheet as of December 31, 2023 has been derived from the audited consolidated financial statements contained in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the Securities Exchange Commission ( “ SEC ” ) on February 22, 2024 (SEC File No. 001-37497) (the “ 2023 Form 10-K ” ). A summary description of the significant accounting policies followed by the Company is set forth in Note 1 of the Notes to Consolidated Financial Statements in the Company’s 2023 Form 10-K. These Unaudited Condensed Consolidated Financial Statements should be read in conjunction with the audited consolidated financial statements and footnotes in the Company's 2023 Form 10-K. The preparation of financial statements in conformity with United States ( “ U.S. ” ) generally accepted accounting principles ( “ GAAP ” ) requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and the reported amounts of revenues and expenses during the reporting period. Actual results could differ significantly from those estimates. Amounts in all tables in the Notes to Unaudited Condensed Consolidated Financial Statements have been presented in thousands, except percentage, time period, share and per share data or where otherwise indicated.
Business Segments	Business Segments
Reclassifications	Reclassifications Certain reclassifications have been made to the prior period's condensed consolidated financial statements to place them on a comparable basis with the current year. Net income and shareholders' equity previously reported were not affected by these reclassifications.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In March 2020, the FASB issued Accounting Standards Update (“ASU”) No. 2020-04 “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting” (“ASU 2020-04”). ASU 2020-04 provides optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. In December 2022, ASU 2022-06 “Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848” was issued deferring the sunset date of Topic 848. As subsequently amended, the guidance in the ASU can be applied by the Company through December 31, 2024. To address the discontinuance of LIBOR, the Company stopped originating variable LIBOR-based loans effective December 31, 2021 and started to negotiate loans using the preferred replacement index, the Secured Overnight Financing Rate (“SOFR”) or a relevant duration U.S. Treasury rate. As of March 31, 2024, the Company had transitioned all its LIBOR-based loan exposure to an alternative index. The application of the standard did not have a material effect on the Consolidated Financial Statements. In June 2022, the FASB issued ASU No. 2022-03 “Fair Value Measurement (Topic 820) Fair Value Measurement of Equity Securities Subject to Contractual Restrictions” (“ASU 2022-03”). ASU 2022-03 indicates a contractual sale restriction on equity securities should not be considered in measuring fair value, however, disclosure should be made about such restrictions. The Company adopted the standard on January 1, 2024 with no material effect on its Consolidated Financial Statements. In March 2023, the FASB issued ASU No. 2023-02 “Investments-Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method” (“ASU 2023-02”). ASU 2023-02 permits companies to account for tax equity investments, regardless of the tax credit program from which the income tax credits are received, using the proportional amortization method if certain conditions are met. The Company adopted the standard on January 1, 2024 with no material effect on its Consolidated Financial Statements. In October 2023, the FASB issued ASU No. 2023-06 “Disclosure Improvements - Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative” (“ASU 2023-06”). ASU 2023-06 amends the ASC to incorporate certain disclosure requirements from SEC Release No. 33-10532 - Disclosure Update and Simplification that was issued in 2018. The effective date for each amendment will be the date on which the SEC’s removal of that related disclosure from Regulation S-X or Regulation S-K becomes effective, with early adoption prohibited. The Company does not believe this standard will have a material impact on its Consolidated Financial Statements. In November 2023, the FASB issued ASU No. 2023-07 “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures” (“ASU 2023-07”). ASU 2023-07 improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The amendments in this standard will be effective for the Company for the fiscal year ended December 31, 2024 and subsequent interim periods. The amendments will be applied retrospectively to all prior periods in the Consolidated Financial Statements. The Company is currently evaluating the impact the amendments will have on the Consolidated Financial Statements and related disclosures. In December 2023, the FASB issued ASU No. 2023-09 “Income Taxes (Topic 740): Improvements to Income Tax Disclosures” (“ASU 2023-09”). ASU 2023-09 requires enhanced income tax disclosures primarily related to the rate reconciliation and income taxes paid information to provide more transparency by requiring (i) consistent categories and greater disaggregation of information in the rate reconciliation table and (ii) income taxes paid, net of refunds, to be disaggregated by jurisdiction based on an established threshold. The amendments in this standard will be effective for the Company on January 1, 2025. The Company is currently evaluating the impact the amendments will have the Consolidated Financial Statements and related disclosures. In March 2024, the FASB issued ASU 2024-01 “Compensation - Stock Compensation (Topic 718): Scope Application of Profits Interest and Similar Awards” (“ASU 2024-01”). ASU 2024-01 adds an illustrative example to clarify how an entity should determine whether a profits interest or similar award is within the scope of ASC 718. The amendments in this standard will be effective for the Company on January 1, 2025. The Company does not believe this standard will have a material impact on its Consolidated Financial Statements. In March 2024, the FASB issued ASU 2024-02 “Codification Improvements - Amendments to Remove References to the Concepts Statements” (“ASU 2024-02”). ASU 2024-02 removes references to various Concepts Statements in the Codification. The amendments in this standard will be effective for the Company on January 1, 2025. The Company does not believe this standard will have a material impact on its Consolidated Financial Statements.
Variable Interest Entities	Variable Interest Entities Variable interests are defined as contractual ownership or other interests in an entity that change with fluctuations in the fair value of an entity's net asset value (a “VIE”). The primary beneficiary consolidates the VIE. The primary beneficiary is defined as the enterprise that has both the power to direct the activities of the VIE that most significantly impact the entity's economic performance and the obligation to absorb losses or the right to receive benefits that could be significant to the VIE. Solar Renewable Energy Tax Credit Investments The Company has equity interests in several limited liability companies that own and operate solar renewable energy projects which are accounted for as equity method investments. Over the course of the investments, the Company will receive federal and state tax credits, tax-related benefits, and excess cash available for distribution, if any. The Company may be called to sell its interest in the limited partnerships through a call option once all investment tax credits have been recognized. Affordable Housing The Company has an equity investment in a limited liability company LIHTC that qualifies as an affordable housing project, managed by an unrelated general partner. The Company accounts for the investment under the proportional amortization method. Under this method, an entity amortizes the initial cost of the investment in proportion to the tax credits and other tax benefits received and recognizes the net investment performance as a component of income tax expense. The Company also has equity interests in two limited liability companies that invest in the acquisition, rehabilitation, or new construction of local qualified housing projects which are accounted for as equity method investments. Canapi Funds The Company’s limited partnership investments in the Canapi Funds focus on providing venture capital to new and emerging financial technology companies. After the initial commitment and over the course of the investment period, the Company will make capital contributions and receive profit and return of capital distributions as a result of fund performance until the funds wind down. Non-marketable and Other Equity Investments The Company also has limited interests in several non-marketable funds, including Small Business Investment Company (“SBIC”) and venture capital funds, which are generally accounted for as equity security investments. After the initial commitment and over the course of the investment period, the Company will make capital contributions and receive profit and return of capital distributions as a result of fund performance until the funds wind down. All investments are generally non-redeemable and distributions are expected to be received through the liquidation of the underlying investments throughout the life of the investment fund. All above investments meet the criteria of a VIE, however, the Company is not the primary beneficiary of the entities, as it does not have the power to direct the activities that most significantly impact the economic performance of the entities. The Company’s investment in the unconsolidated VIEs are carried in other assets and the Company’s unfunded capital and other commitments related to the unconsolidated VIEs are carried in other liabilities on the Unaudited Condensed Consolidated Balance Sheets. The Company’s maximum exposure to loss from unconsolidated VIEs includes the investment recorded on the Company’s Unaudited Condensed Consolidated Balance Sheets. For solar tax credit investments, the balance sheet figures are net of any impairment recognized, and includes previously recorded tax credits which remain subject to recapture by taxing authorities based on compliance features required to be met at the project level. While the Company believes the potential for loss from these investments is remote, the maximum exposure for LIHTC and solar tax credit investments was determined by assuming a scenario where related tax credits were recaptured.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	Three Months Ended Nine Months Ended 2024 2023 2024 2023 Basic earnings per share: Net income $ 13,025 $ 39,793 $ 67,574 $ 57,735 Weighted-average basic shares outstanding 45,073,482 44,408,997 44,937,409 44,298,798 Basic earnings per share $ 0.28 $ 0.89 $ 1.50 $ 1.30 Diluted earnings per share: Net income, for diluted earnings per share $ 13,025 $ 39,793 $ 67,574 $ 57,735 Total weighted-average basic shares outstanding 45,073,482 44,408,997 44,937,409 44,298,798 Add effect of dilutive stock options and restricted stock grants 880,465 859,748 769,836 724,941 Total weighted-average diluted shares outstanding 45,953,947 45,268,745 45,707,245 45,023,739 Diluted earnings per share $ 0.28 $ 0.88 $ 1.48 $ 1.28 Anti-dilutive stock options and restricted stock grants 297,730 700,768 567,464 700,768

Securities (Tables)

Securities (Tables)	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Summary of Carrying Amount and Fair Value of Securities	The carrying amount of securities and their approximate fair values are reflected in the following table: September 30, 2024 Amortized Cost Unrealized Gains Unrealized Losses Fair Value U.S. government agencies $ 11,267 $ 10 $ 83 $ 11,194 Mortgage-backed securities 1,299,535 2,831 83,203 1,219,163 Municipal bonds 3,183 — 74 3,109 Total $ 1,313,985 $ 2,841 $ 83,360 $ 1,233,466 December 31, 2023 Amortized Unrealized Unrealized Fair U.S. government agencies $ 17,809 $ 2 $ 282 $ 17,529 Mortgage-backed securities 1,216,624 466 111,498 1,105,592 Municipal bonds 3,200 — 161 3,039 Total $ 1,237,633 $ 468 $ 111,941 $ 1,126,160
Debt Securities Available-for-Sale in Unrealized Loss Position	The following tables show debt securities available-for-sale in an unrealized loss position for which an allowance for credit losses has not been recorded, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position. Less Than 12 Months 12 Months or More Total September 30, 2024 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. government agencies $ — $ — $ 9,886 $ 83 $ 9,886 $ 83 Mortgage-backed securities 67,397 416 904,177 82,787 971,574 83,203 Municipal bonds — — 3,109 74 3,109 74 Total $ 67,397 $ 416 $ 917,172 $ 82,944 $ 984,569 $ 83,360 Less Than 12 Months 12 Months or More Total December 31, 2023 Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses U.S. government agencies $ — $ — $ 15,057 $ 282 $ 15,057 $ 282 Mortgage-backed securities 138,823 3,431 886,699 108,067 1,025,522 111,498 Municipal bonds — — 3,039 161 3,039 161 Total $ 138,823 $ 3,431 $ 904,795 $ 108,510 $ 1,043,618 $ 111,941
Summary of Investment Securities by Maturity	The following is a summary of investment securities by maturity: September 30, 2024 Available-for-Sale Amortized Cost Fair Value U.S. government agencies Within one year $ 7,000 $ 6,960 One to five years 4,267 4,234 Total 11,267 11,194 Mortgage-backed securities Within one year 24,709 24,544 One to five years 188,706 182,587 Five to 10 years 217,264 200,263 After 10 years 868,856 811,769 Total 1,299,535 1,219,163 Municipal bonds Five to 10 years 3,086 3,024 After 10 years 97 85 Total 3,183 3,109 Total $ 1,313,985 $ 1,233,466
Summary of Equity Method Investments	The carrying amount and ownership percentage of each equity method investment at September 30, 2024 and December 31, 2023 is reflected in the following table: September 30, 2024 December 31, 2023 Amount Ownership % Amount Ownership % Apiture, Inc. $ 55,430 40.4 % $ 60,682 40.4 % Canapi Ventures SBIC Fund, LP (1) (5) 16,340 2.9 18,190 2.9 Canapi Ventures Fund, LP (2) (5) 1,918 1.5 2,267 1.5 Canapi Ventures Fund II, LP (3) (5) 7,455 1.6 7,232 1.6 Canapi Ventures SBIC Fund II, LP (4) (5) 7,778 2.9 7,611 2.9 Affordable housing (6) 15,105 Various 15,611 Various Solar tax credit investments (7) 6,784 99.0 6,714 99.0 Other (8) 1,390 Various 607 Various Total $ 112,200 $ 118,914 (1) Includes unfunded commitments of $5.5 million and $5.0 million as of September 30, 2024 and December 31, 2023, respectively. (2) Includes unfunded commitments of $555 thousand and $559 thousand as of September 30, 2024 and December 31, 2023, respectively. (3) Includes unfunded commitments of $6.1 million and $6.3 million as of September 30, 2024 and December 31, 2023, respectively. (4) Includes unfunded commitments of $7.0 million and $7.1 million as of September 30, 2024 and December 31, 2023, respectively. (5) Investee is accounted for under equity method due to the Company's potential influence with investment advisor. (6) Affordable Housing includes low income housing tax credit (“LIHTC”) in Estrella Landing Apartments LLC (“Estrella Landing”), in which the Company holds a 99.9% limited member interest. Also included are Cape Fear Collective Impact Opportunity 1 LLC (“Cape Fear Collective”) and Cape Fear Collective Impact Opportunity 2 LLC (“Cape Fear Collective 2”) which the Company holds 91.0% and 32.3% of limited member interests, respectively. As of September 30, 2024, and December 31, 2023, there was an unfunded commitment of $1.8 million and $7.7 million, respectively for Estrella Landing. (7) Solar tax credit investments includes Green Sun Tenant LLC (“Green Sun”), SVA 2021-2 TE Holdco LLC (“Sun Vest”), EG5 CSP1 Holding LLC (“HEP”) and HRE Lessee I, LLC (“Heelstone”), which the Company holds a 99.0% limited member interest in all investments. As of September 30, 2024, and December 31, 2023, there was an unfunded commitment of $1.0 million and $0.0 million for Heelstone, respectively. (8) Other investments includes OTR Fund I, LLC (“OTR”) which the company holds 5.9% of limited member interests. As of September 30, 2024, this investment category also includes the carried interest security related to Canapi Ventures Fund I, LP.
Summary of Carrying Amount of Company Investments in Non Marketable Equity Securities with No Readily Determinable Fair Value and Amounts Recognized in Earnings	The carrying amount of the Company’s investments in non-marketable equity securities with no readily determinable fair value and amounts recognized in earnings on a cumulative basis as of September 30, 2024 and as of and for the nine months ended September 30, 2024 and 2023 is reflected in the following table: As of and for the nine month period ended Cumulative Adjustments September 30, 2024 September 30, 2023 Carrying value (1) $ 82,778 $ 78,508 Carrying value adjustments: Impairment $ — — Upward changes for observable prices (2) 50,901 409 — Downward changes for observable prices (1,980) (369) (999) Net upward (downward) change $ 48,921 $ 40 $ (999) (1) Includes $4.4 million and $2.6 million in unfunded commitments as of September 30, 2024, and September 30, 2023, respectively. (2) Cumulative adjustments excludes $13.9 million in realized gains for sale of an investment in the second quarter of 2021.
Schedule of Variable Interest Entities	The following table provides a summary of the VIEs that the Company has not consolidated as of September 30, 2024 and December 31, 2023: September 30, 2024 Investment Carrying Amount Maximum Exposure to Loss Liability Recognized Classification Solar tax credit investments $ 6,784 $ 39,583 $ 1,008 Other assets (1) Affordable housing 15,105 15,929 1,784 Other assets & other liabilities (2) Canapi Funds 34,116 34,116 19,192 Other assets & other liabilities Non-marketable and other equity investments 10,194 10,194 4,370 Other assets & other liabilities December 31, 2023 Investment Carrying Amount Maximum Exposure to Loss Liability Recognized Classification Solar tax credit investments $ 6,714 $ 48,869 $ — Other assets (3) Affordable housing 15,611 15,611 7,715 Other assets & other liabilities (4) Canapi Funds 35,300 35,300 18,930 Other assets & other liabilities Non-marketable and other equity investments 8,840 8,840 2,321 Other assets & other liabilities (1) Maximum exposure to loss represents $6.8 million of current investments and a scenario in which related tax credits are recaptured, collectively totaling $32.8 million. (2) Maximum exposure to loss represents $15.1 million of investments and a scenario in which related tax credits are recaptured, collectively totaling $824 thousand. (3) Maximum exposure to loss represents $6.7 million of current investments and a scenario in which related tax credits are recaptured, collectively totaling $42.2 million. (4) Maximum exposure to loss represents $15.6 million of investments. As there are no tax credits allocated in 2023, there is no increase to the maximum exposure to loss related to recaptured tax credits on the $8.8 million LIHTC investment as of December 31, 2023.

Loans and Leases Held for Inv_2

Loans and Leases Held for Investment and Credit Quality (Tables)	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Summary of Total Loans and Leases Held for Investment and Aging Analysis of Portfolio Segments	The following tables present total loans and leases held for investment and an aging analysis for the Company’s portfolio segments. Loans and leases are considered past due if the required principal and interest payments have not been received as of the date such payments were due. Current or Less than 30 Days 30-89 Days 90 Days or More Past Due Total Past Due Total Carried at Amortized Loans Accounted for Under the Fair Value Option (1) Total Loans and Leases September 30, 2024 Commercial & Industrial Small Business Banking $ 2,168,865 $ 45,392 $ 70,197 $ 115,589 $ 2,284,454 $ 132,722 $ 2,417,176 Specialty Lending 1,332,391 13,417 — 13,417 1,345,808 4,565 1,350,373 Energy & Infrastructure 917,696 261 19,605 19,866 937,562 45,491 983,053 Paycheck Protection Program 3,263 — — — 3,263 — 3,263 Total 4,422,215 59,070 89,802 148,872 4,571,087 182,778 4,753,865 Construction & Development Small Business Banking 423,631 11,033 2,468 13,501 437,132 — 437,132 Specialty Lending 51,388 — — — 51,388 — 51,388 Energy & Infrastructure 15,442 — — — 15,442 — 15,442 Total 490,461 11,033 2,468 13,501 503,962 — 503,962 Commercial Real Estate Small Business Banking 2,682,139 40,981 40,528 81,509 2,763,648 107,511 2,871,159 Specialty Lending 819,434 12,852 — 12,852 832,286 — 832,286 Energy & Infrastructure 223,372 9,146 2,799 11,945 235,317 18,982 254,299 Total 3,724,945 62,979 43,327 106,306 3,831,251 126,493 3,957,744 Commercial Land Small Business Banking 593,114 13,101 4,080 17,181 610,295 34,100 644,395 Total 593,114 13,101 4,080 17,181 610,295 34,100 644,395 Total $ 9,230,735 $ 146,183 $ 139,677 $ 285,860 $ 9,516,595 $ 343,371 $ 9,859,966 Retained Loan Discount and Net Deferred Costs $ (28,075) Loans and Leases, Net $ 9,831,891 Guaranteed Balance $ 2,907,430 $ 63,704 $ 117,361 $ 181,065 $ 3,088,495 $ 73,984 $ 3,162,479 % Guaranteed 31.5% 43.6% 84.0% 63.3% 32.5% 21.5% 32.1% Current or Less than 30 Days 30-89 Days Past Due 90 Days or More Past Due Total Past Due Total Carried at Amortized Loans Accounted for Under the Fair Value Option (1) Total Loans and Leases December 31, 2023 Commercial & Industrial Small Business Banking $ 2,075,227 $ 16,570 $ 33,366 $ 49,936 $ 2,125,163 $ 151,887 $ 2,277,050 Specialty Lending 1,131,493 — — — 1,131,493 7,829 1,139,322 Energy & Infrastructure 842,907 2,806 4,044 6,850 849,757 46,185 895,942 Paycheck Protection Program 5,595 — — — 5,595 — 5,595 Total 4,055,222 19,376 37,410 56,786 4,112,008 205,901 4,317,909 Construction & Development Small Business Banking 413,349 1,745 — 1,745 415,094 — 415,094 Specialty Lending 47,419 — — — 47,419 — 47,419 Energy & Infrastructure 7,541 — — — 7,541 — 7,541 Total 468,309 1,745 — 1,745 470,054 — 470,054 Commercial Real Estate Small Business Banking 2,414,677 18,589 32,310 50,899 2,465,576 127,358 2,592,934 Specialty Lending 511,712 — 12,032 12,032 523,744 — 523,744 Energy & Infrastructure 158,613 — 3,072 3,072 161,685 17,751 179,436 Total 3,085,002 18,589 47,414 66,003 3,151,005 145,109 3,296,114 Commercial Land Small Business Banking 531,331 1,521 1,910 3,431 534,762 37,026 571,788 Total 531,331 1,521 1,910 3,431 534,762 37,026 571,788 Total $ 8,139,864 $ 41,231 $ 86,734 $ 127,965 $ 8,267,829 $ 388,036 $ 8,655,865 Retained Loan Discount and Net Deferred Costs $ (22,018) Loans and Leases, Net $ 8,633,847 Guaranteed Balance $ 2,877,105 $ 29,183 $ 61,107 $ 90,290 $ 2,967,395 $ 66,299 $ 3,033,694 % Guaranteed 35.3% 70.8% 70.5% 70.6% 35.9% 17.1% 35.0% (1) Retained portions of government guaranteed loans sold prior to January 1, 2021 are carried at fair value under FASB ASC Subtopic 825-10, Financial Instruments: Overall . See Note 9. Fair Value of Financial Instruments for additional information.
Summary of Asset Quality Indicators by Portfolio Class and Origination Year	The following tables present asset quality indicators by portfolio class and origination year. Term Loans and Leases Amortized Cost Basis by Origination Year 2024 2023 2022 2021 2020 Prior Revolving Loans Revolving Loans Total (1) September 30, 2024 Small Business Banking Pass $ 785,067 $ 1,086,723 $ 1,388,276 $ 1,071,627 $ 554,927 $ 509,785 $ 115,206 $ 19,040 $ 5,530,651 Special Mention 7,036 32,023 76,061 72,176 31,983 95,949 8,144 1,108 324,480 Substandard 6,811 13,038 75,005 44,541 36,155 57,064 7,439 345 240,398 Total 798,914 1,131,784 1,539,342 1,188,344 623,065 662,798 130,789 20,493 6,095,529 Specialty Lending Pass 641,027 430,420 262,384 160,179 25,222 2,429 367,088 134,325 2,023,074 Special Mention — 11,350 58,310 35,023 36,148 — 22,396 3,907 167,134 Substandard — 1,042 17,876 12,046 — — 4,436 3,874 39,274 Total 641,027 442,812 338,570 207,248 61,370 2,429 393,920 142,106 2,229,482 Energy & Infrastructure Pass 222,067 354,989 212,845 94,771 34,881 71,171 17,530 — 1,008,254 Special Mention — — 6,494 1,925 — 25,939 — — 34,358 Substandard — — 10,595 119,342 15,772 — — — 145,709 Total 222,067 354,989 229,934 216,038 50,653 97,110 17,530 — 1,188,321 Paycheck Protection Program Pass — — — 1,888 1,375 — — — 3,263 Total — — — 1,888 1,375 — — — 3,263 Total $ 1,662,008 $ 1,929,585 $ 2,107,846 $ 1,613,518 $ 736,463 $ 762,337 $ 542,239 $ 162,599 $ 9,516,595 Year-To-Date Gross Charge-offs Small Business Banking $ — $ 1,542 $ 5,597 $ 3,533 $ 176 $ 1,681 $ 1,098 $ 170 $ 13,797 Energy & Infrastructure $ — $ — $ — $ 153 $ 273 $ — $ — $ — $ 426 Total $ — $ 1,542 $ 5,597 $ 3,686 $ 449 $ 1,681 $ 1,098 $ 170 $ 14,223 Term Loans and Leases Amortized Cost Basis by Origination Year 2023 2022 2021 2019 2018 Prior Revolving Loans Revolving Loans Total (1) December 31, 2023 Small Business Banking Pass $ 990,349 $ 1,470,824 $ 1,255,664 $ 660,926 $ 363,377 $ 296,132 $ 63,963 $ 11,047 $ 5,112,282 Special Mention 7,744 72,913 60,115 37,390 42,095 50,705 7,174 1,407 279,543 Substandard 2,286 31,487 29,636 35,611 18,429 28,700 2,621 — 148,770 Total 1,000,379 1,575,224 1,345,415 733,927 423,901 375,537 73,758 12,454 5,540,595 Specialty Lending Pass 640,596 337,880 226,170 21,286 9,103 112 210,460 58,441 1,504,048 Special Mention 8,858 52,767 35,453 43,080 9,223 — 20,547 5,417 175,345 Substandard — — 12,032 — — — 7,203 4,028 23,263 Total 649,454 390,647 273,655 64,366 18,326 112 238,210 67,886 1,702,656 Energy & Infrastructure Pass 386,421 223,309 120,917 41,919 50,035 23,308 14,818 — 860,727 Special Mention — — 104,371 13,485 7,827 18,627 — — 144,310 Substandard — 4,024 6,303 3,619 — — — — 13,946 Total 386,421 227,333 231,591 59,023 57,862 41,935 14,818 — 1,018,983 Paycheck Protection Program Pass — — 2,831 2,764 — — — — 5,595 Total — — 2,831 2,764 — — — — 5,595 Total $ 2,036,254 $ 2,193,204 $ 1,853,492 $ 860,080 $ 500,089 $ 417,584 $ 326,786 $ 80,340 $ 8,267,829 Current Period Gross Charge-offs Small Business Banking $ — $ 5,621 $ 6,435 $ 1,058 $ 1,225 $ 525 $ 1,097 $ — $ 15,961 Specialty Lending — — — — — — 7,966 — 7,966 Total $ — $ 5,621 $ 6,435 $ 1,058 $ 1,225 $ 525 $ 9,063 $ — $ 23,927 (1) Excludes $343.4 million and $388.0 million of loans accounted for under the fair value option as of September 30, 2024 and December 31, 2023, respectively. The following tables present guaranteed and unguaranteed loan and lease balances by asset quality indicator: September 30, 2024 Loan and Lease Balance (1) Guaranteed Balance Unguaranteed Balance % Guaranteed Pass $ 8,565,242 $ 2,639,737 $ 5,925,505 30.8 % Special Mention 525,972 169,371 356,601 32.2 Substandard 425,381 279,387 145,994 65.7 Total $ 9,516,595 $ 3,088,495 $ 6,428,100 32.5 % December 31, 2023 Loan and Lease Balance (1) Guaranteed Balance Unguaranteed Balance % Guaranteed Pass $ 7,482,652 $ 2,622,558 $ 4,860,094 35.0 % Special Mention 599,198 234,845 364,353 39.2 Substandard 185,979 109,992 75,987 59.1 Total $ 8,267,829 $ 2,967,395 $ 5,300,434 35.9 % (1) Excludes $343.4 million and $388.0 million of loans accounted for under the fair value option as of September 30, 2024 and December 31, 2023, respectively.
Nonaccrual Loans and Leases Held for Investment	Nonaccrual loans and leases held for investment as of September 30, 2024 and December 31, 2023 are as follows: September 30, 2024 Loan and Lease Balance (1) Guaranteed Unguaranteed Balance Unguaranteed Commercial & Industrial Small Business Banking $ 96,787 $ 80,194 $ 16,593 $ 1,204 Energy & Infrastructure 19,606 15,866 3,740 135 Total 116,393 96,060 20,333 1,339 Construction & Development Small Business Banking 3,970 3,390 580 375 Total 3,970 3,390 580 375 Commercial Real Estate Small Business Banking 64,226 48,810 15,416 6,867 Specialty Lending 11,304 — 11,304 11,304 Energy & Infrastructure 10,942 10,128 814 814 Total 86,472 58,938 27,534 18,985 Commercial Land Small Business Banking 8,740 7,789 951 269 Total 8,740 7,789 951 269 Total $ 215,575 $ 166,177 $ 49,398 $ 20,968 December 31, 2023 Loan and Lease Balance (1) Guaranteed Unguaranteed Balance Unguaranteed Commercial & Industrial Small Business Banking $ 47,558 $ 39,018 $ 8,540 $ 407 Energy & Infrastructure 6,850 2,794 4,056 2,546 Total 54,408 41,812 12,596 2,953 Construction & Development Small Business Banking 1,745 1,309 436 — Total 1,745 1,309 436 — Commercial Real Estate Small Business Banking 57,140 44,426 12,714 8,199 Specialty Lending 12,032 — 12,032 12,032 Energy & Infrastructure 3,072 2,799 273 — Total 72,244 47,225 25,019 20,231 Commercial Land Small Business Banking 6,566 5,332 1,234 194 Total 6,566 5,332 1,234 194 Total $ 134,963 $ 95,678 $ 39,285 $ 23,378 (1) Excludes loans accounted for under the fair value option. See Note 9. Fair Value of Financial Instruments for additional information. When a loan or lease is placed on nonaccrual status, any accrued interest is reversed from loan interest income. The following table summarizes the amount of accrued interest reversed during the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2024 (1) 2023 (1) 2024 (1) 2023 (1) Commercial & Industrial $ 950 $ 165 $ 1,924 $ 1,208 Commercial Real Estate 442 32 780 376 Commercial Land 28 — 80 — Construction & Development 44 — 74 — Total $ 1,464 $ 197 $ 2,858 $ 1,584 (1) Excludes loans accounted for under the fair value option. See Note 9. Fair Value of Financial Instruments for additional information.
Amortized Cost Basis of Collateral-Dependent Loans and Leases	The following table presents the amortized cost basis of collateral-dependent loans and leases, which are individually evaluated to determine expected credit losses, as of September 30, 2024 and December 31, 2023: Total Collateral-Dependent Loans Unguaranteed Portion September 30, 2024 Real Estate Business Assets Other Real Estate Business Assets Other Allowance for Credit Losses Commercial & Industrial Small Business Banking $ 6,324 $ 27,759 $ — $ 1,255 $ 6,747 $ — $ 5,107 Specialty Lending — 14,976 — — 14,976 — 7,181 Energy & Infrastructure 94,131 2,869 — 13,350 74 — — Total 100,455 45,604 — 14,605 21,797 — 12,288 Commercial Real Estate Small Business Banking 35,887 715 — 7,608 715 — 769 Total 35,887 715 — 7,608 715 — 769 Commercial Land Small Business Banking 4,794 — — 2,481 — — 978 Total 4,794 — — 2,481 — — 978 Total $ 141,136 $ 46,319 $ — $ 24,694 $ 22,512 $ — $ 14,035 Total Collateral-Dependent Loans Unguaranteed Portion December 31, 2023 Real Estate Business Assets Other Real Estate Business Assets Other Allowance for Credit Losses Commercial & Industrial Small Business Banking $ 2,737 $ 2,426 $ — $ 421 $ 547 $ — $ 277 Specialty Lending — 4,711 — — 4,711 — — Energy & Infrastructure — 3,022 — — 227 — — Total 2,737 10,159 — 421 5,485 — 277 Commercial Real Estate Small Business Banking 21,211 — — 6,298 — — — Total 21,211 — — 6,298 — — — Commercial Land Small Business Banking 1,735 — — 200 — — — Total 1,735 — — 200 — — — Total $ 25,683 $ 10,159 $ — $ 6,919 $ 5,485 $ — $ 277
Activity in the Allowance for Credit Losses ("ACL") by Portfolio Segment	The following table details activity in the ACL by portfolio segment allowance for the periods presented: Three Months Ended Commercial Construction & Commercial Commercial Total September 30, 2024 Beginning Balance $ 108,166 $ 3,694 $ 23,540 $ 2,467 $ 137,867 Charge offs (1,739) — (273) (16) (2,028) Recoveries 41 — 269 8 318 Provision (Recovery) 26,580 291 4,437 1,272 32,580 Ending Balance $ 133,048 $ 3,985 $ 27,973 $ 3,731 $ 168,737 September 30, 2023 Beginning Balance $ 79,407 $ 6,428 $ 29,908 $ 4,373 $ 120,116 Charge offs (9,088) — (287) — (9,375) Recoveries 104 — 149 — 253 Provision (Recovery) 10,395 (448) 134 198 10,279 Ending Balance $ 80,818 $ 5,980 $ 29,904 $ 4,571 $ 121,273 Nine Months Ended Commercial Construction & Commercial Commercial Total September 30, 2024 Beginning Balance $ 87,581 $ 4,717 $ 28,864 $ 4,678 $ 125,840 Charge offs (13,483) (338) (378) (24) (14,223) Recoveries 553 — 536 8 1,097 Provision (Recoveries) 58,397 (394) (1,049) (931) 56,023 Ending Balance $ 133,048 $ 3,985 $ 27,973 $ 3,731 $ 168,737 September 30, 2023 Beginning Balance $ 64,995 $ 5,101 $ 22,901 $ 3,569 $ 96,566 Adoption of ASU 2022-02 (25) (166) (83) (402) (676) Charge offs (17,564) — (979) — (18,543) Recoveries 685 — 913 — 1,598 Provision 32,727 1,045 7,152 1,404 42,328 Ending Balance $ 80,818 $ 5,980 $ 29,904 $ 4,571 $ 121,273
Loans Modified	The following tables summarize the amortized cost basis of loans that were modified during the three and nine months ended September 30, 2024 and September 30, 2023, respectively: Three Months Ended September 30, 2024 Other-Than-Insignificant Term Extension Interest Rate Reduction Combination - Term Extension & Interest Rate Reduction % of Total Class of Small Business Banking $ 2,014 $ — $ — $ — 0.03 % Specialty Lending — — 3,478 2,500 0.16 Total $ 2,014 $ — $ 3,478 $ 2,500 0.19 % Nine Months Ended September 30, 2024 Other-Than-Insignificant Term Extension Interest Rate Reduction Combination - Term Extension & Interest Rate Reduction % of Total Class of Small Business Banking $ 8,278 $ — $ — $ — 0.14 % Specialty Lending — — 3,478 2,500 0.16 Total $ 8,278 $ — $ 3,478 $ 2,500 0.30 % Three Months Ended September 30, 2023 Other-Than-Insignificant Term Extension Interest Rate Reduction Combination - Term Extension & Payment Delay % of Total Class of Small Business Banking $ 10,117 $ 5,184 $ — $ — 0.28 % Total $ 10,117 $ 5,184 $ — $ — 0.28 % Nine Months Ended September 30, 2023 Other-Than-Insignificant Term Extension Interest Rate Reduction Combination - Term Extension & Payment Delay % of Total Class of Small Business Banking $ 10,117 $ 5,184 $ 3,356 $ 361 0.35 % Specialty Lending — 399 — 4,164 0.30 Energy & Infrastructure — 13,485 — — 1.66 Total $ 10,117 $ 19,068 $ 3,356 $ 4,525 2.31 % The following table presents an aging analysis of loans that were modified within the twelve months ended September 30, 2024 and September 30, 2023, respectively: September 30, 2024 Current 30-89 Days 90 Days or More Past Due Total Past Due Small Business Banking $ 8,278 $ — $ — $ — Specialty Lending 5,978 — — — Total $ 14,256 $ — $ — $ — September 30, 2023 Current 30-89 Days 90 Days or More Past Due Total Past Due Small Business Banking $ 19,018 $ — $ — $ — Specialty Lending 4,563 — — — Energy & Infrastructure 13,485 — — — Total $ 37,066 $ — $ — $ — The following tables summarize the financial impacts of loan modifications made to borrowers experiencing financial difficulty during the periods presented: Three Months Ended September 30, 2024 Weighted Average Weighted Average Specialty Lending 5.00 % 7 Nine Months Ended September 30, 2024 Weighted Average Weighted Average Specialty Lending 5.00 % 7 Three Months Ended September 30, 2023 Weighted Average Weighted Average Small Business Banking — % 60 Nine Months Ended September 30, 2023 Weighted Average Weighted Average Small Business Banking 1.41 % 67 Specialty Lending — 70 Energy & Infrastructure — 12

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2024
Leases [Abstract]
Net Lease Investment Direct Finance Leases	The net investment in direct finance leases included in loans and leases held for investment are as follows: September 30, 2024 December 31, 2023 Gross direct finance lease payments receivable $ 1,357 $ 2,335 Less – unearned interest (116) (218) Net investment in direct financing leases $ 1,241 $ 2,117
Future Minimum Finance Lease Payments	Future minimum lease payments to be received under finance leases are as follows: As of September 30, 2024 Amount 2024 $ 322 2025 929 2026 106 Total $ 1,357
Maturity Analysis of Future Minimum Operating Lease Payments to be Received	A maturity analysis of future minimum lease payments to be received under non-cancelable operating leases is as follows: As of September 30, 2024 Amount 2024 $ 2,988 2025 8,741 2026 8,721 2027 8,483 2028 3,837 Thereafter 9,708 Total $ 42,478

Servicing Assets (Tables)

Servicing Assets (Tables)	9 Months Ended
	Sep. 30, 2024
Transfers and Servicing [Abstract]
Summary of Activity Pertaining to Servicing Rights	The following table summarizes the activity pertaining to servicing rights measured at fair value: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Balance at beginning of period $ 51,303 $ 31,042 $ 48,186 $ 26,323 Additions, net 5,200 4,750 13,938 11,944 Fair value changes: Due to changes in valuation inputs or assumptions (1,824) 13,334 (902) 15,457 Decay due to increases in principal paydowns or runoff (2,384) (1,999) (8,927) (6,597) Balance at end of period $ 52,295 $ 47,127 $ 52,295 $ 47,127

Borrowings (Tables)

Borrowings (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Total Outstanding Borrowings	Total outstanding borrowings consisted of the following: September 30, December 31, Borrowings In March 2021, the Company entered into a 60-month term loan agreement of $50.0 million with a third party correspondent bank. The loan accrues interest at a fixed rate of 2.95% with a monthly payment sufficient to fully amortize the loan, with all remaining unpaid principal and interest due at maturity on March 30, 2026. The Company paid the Lender a non-refundable $325 thousand loan origination fee upon signing of the Note that is presented as a direct deduction from the carrying amount of the loan and will be amortized into interest expense over the life of the loan. $ 15,758 $ 23,354 In March 2024, the Company entered into a 60-month term loan agreement of $100.0 million with a third party correspondent bank. The loan accrues interest at a fixed rate of 5.95% with monthly interest payments until maturity on March 28, 2029, and $33.0 million of principal to be paid in year 4, and $67.0 million of principal to be paid in year 5. The Company paid the Lender a non-refundable $600 thousand loan origination fee upon signing of the Note that is represented as a direct deduction from the carrying amount of the loan and will be amortized into interest expense over the life of the loan. 99,470 — Other long term debt (1) 143 — Total borrowings $ 115,371 $ 23,354 (1) Includes finance leases.

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Rollforward of Level 3 Equity Warrant Asset Fair Values	The table below provides a rollforward of the Level 3 equity warrant asset fair values: Three Months Ended September 30, Nine Months Ended September 30, Equity Warrant Assets 2024 2023 2024 2023 Balance at beginning of period $ 7,407 $ 2,251 $ 2,874 $ 2,210 New equity warrant assets 298 708 791 952 Changes in fair value, net (127) 19 6,119 37 Settlements (264) — (2,470) (221) Balance at end of period $ 7,314 $ 2,978 $ 7,314 $ 2,978
Record Amount of Assets and Liabilities Measured at Fair Value on a Recurring Basis	The tables below present the recorded amount of assets and liabilities measured at fair value on a recurring basis. September 30, 2024 Total Level 1 Level 2 Level 3 Investment securities available-for-sale US government agencies $ 11,194 $ — $ 11,194 $ — Mortgage-backed securities 1,219,163 — 1,219,163 — Municipal bonds (1) 3,109 — 3,024 85 Loans held for investment 343,371 — — 343,371 Servicing assets (2) 52,295 — — 52,295 Mutual fund 740 — 740 — Equity warrant assets 7,314 — — 7,314 Total assets at fair value $ 1,637,186 $ — $ 1,234,121 $ 403,065 December 31, 2023 Total Level 1 Level 2 Level 3 Investment securities available-for-sale US government agencies $ 17,529 $ — $ 17,529 $ — Mortgage-backed securities 1,105,592 — 1,105,592 — Municipal bonds (1) 3,039 — 2,954 85 Loans held for investment 388,036 — — 388,036 Servicing assets (2) 48,186 — — 48,186 Mutual fund 1,645 — 1,645 — Equity warrant assets 2,874 — — 2,874 Total assets at fair value $ 1,566,901 $ — $ 1,127,720 $ 439,181 (1) During the three and nine months ended September 30, 2024 there was no level 3 fair value adjustment gain or loss. During the three months ended September 30, 2023, there was no level 3 fair value adjustment gain or loss. During the nine months ended September 30, 2023, the Company recorded a level 3 fair value adjustment loss of $9 thousand. (2) See Note 7 for a rollforward of recurring Level 3 fair values for servicing assets.
Summary of Fair Value Carrying Amount and Unpaid Principal Outstanding of Loans Under Fair Value Option	The following tables provide more information about the fair value carrying amount and the unpaid principal outstanding of loans accounted for under the fair value option at September 30, 2024 and December 31, 2023. September 30, 2024 Total Loans Nonaccruals 90 Days or More Past Due Fair Value Unpaid Difference Fair Value Unpaid Difference Fair Value Unpaid Difference Fair Value Option Elections Loans held for investment $ 343,371 $ 359,023 $ (15,653) $ 58,494 $ 60,046 $ (1,551) $ 54,094 $ 55,583 $ (1,489) December 31, 2023 Total Loans Nonaccruals 90 Days or More Past Due Fair Value Unpaid Difference Fair Value Unpaid Difference Fair Value Unpaid Difference Fair Value Option Elections Loans held for investment $ 388,036 $ 407,544 $ (19,508) $ 48,474 $ 50,749 $ (2,275) $ 36,490 $ 37,939 $ (1,449) The following table presents the net gains (losses) from changes in fair value. Three Months Ended September 30, Nine Months Ended September 30, Gains (Losses) on Loans Accounted for under the Fair Value Option 2024 2023 2024 2023 Loans held for investment $ 2,255 $ (568) $ 2,208 $ (3,369)
Summary of the Activity Pertaining to Loans Accounted for Under Fair Value Option	The following tables summarize the activity pertaining to loans accounted for under the fair value option: Three Months Ended September 30, Nine Months Ended September 30, Loans held for investment 2024 2023 2024 2023 Balance at beginning of period $ 363,017 $ 441,781 $ 388,036 $ 494,458 Repurchases 3,312 3,390 16,125 19,287 Fair value changes (1) 2,255 (568) 2,208 (3,369) Settlements (25,213) (34,475) (62,998) (100,248) Balance at end of period $ 343,371 $ 410,128 $ 343,371 $ 410,128 (1) Three and nine month periods ended September 30, 2023 include a $1.3 million increase related to change in estimate implemented on July 1, 2023. See Note 1. Basis of Presentation for additional information.
Recorded Amount of Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis	The tables below present the recorded amount of assets measured at fair value on a non-recurring basis. The Company has no liabilities recorded at fair value on a non-recurring basis. September 30, 2024 Total Level 1 Level 2 Level 3 Collateral-dependent loans $ 13,400 $ — $ — $ 13,400 Total assets at fair value $ 13,400 $ — $ — $ 13,400 December 31, 2023 Total Level 1 Level 2 Level 3 Collateral-dependent loans $ 4,503 $ — $ — $ 4,503 Foreclosed assets 6,481 — — 6,481 Total assets at fair value $ 10,984 $ — $ — $ 10,984
Analysis of Level 3 Valuation Techniques	For Level 3 assets measured at fair value on a recurring or non-recurring basis as of September 30, 2024 and December 31, 2023, the significant unobservable inputs used in the fair value measurements were as follows: September 30, 2024 Level 3 Assets with Significant Unobservable Inputs Fair Value Valuation Technique Significant Unobservable Inputs Range Weighted Average (1) Recurring fair value Municipal bond $ 85 Discounted expected cash flows Discount rate 7.0 % N/A Prepayment speed 5.0 % N/A Loans held for investment $ 343,371 Discounted expected cash flows Loss rate 0.0 % - 6.3 % 1.1 % Discount rate 7.5 % - 18.0 % 9.1 % Prepayment speed 14.4 % - 30.3 % 16.3 % Servicing assets $ 52,295 Discounted expected cash flows Discount rate 14.5 % 14.5 % Prepayment speed 12.1 % - 18.2 % 15.7 % Equity warrant assets $ 7,314 Black-Scholes option pricing model Volatility 13.1 % - 90.0 % 31.8 % Risk-free interest rate 3.6 % - 3.8 % 3.6 % Marketability discount 5.0 % - 25.0 % 10.3 % Remaining life 3.2 - 12.0 years 4.6 years Non-recurring fair value Collateral-dependent loans $ 13,400 Discounted appraisals Appraisal adjustments (2) 0.0 % - 92.9 % 48.7 % December 31, 2023 Level 3 Assets with Significant Unobservable Inputs Fair Value Valuation Technique Significant Unobservable Inputs Range Weighted Average (1) Recurring fair value Municipal bond $ 85 Discounted expected cash flows Discount rate 7.0 % N/A Prepayment speed 5.0 % N/A Loans held for investment $ 388,036 Discounted expected cash flows Loss rate 0.0 % - 7.4 % 1.2 % Discount rate 6.7 % - 18.0 % 9.6 % Prepayment speed 14.0% - 30.3% 16.0 % Servicing assets $ 48,186 Discounted expected cash flows Discount rate 14.5 % 14.5 % Prepayment speed 11.8% - 17.8% 15.3 % Equity warrant assets $ 2,874 Black-Scholes option pricing model Volatility 26.9 % - 90.0 % 35.8 % Risk-free interest rate 3.8 % - 3.9 % 3.9 % Marketability discount 20.0% - 25.0% 22.7 % Remaining life 3.9 - 10 years 7.6 years Non-recurring fair value Collateral-dependent loans $ 4,503 Discounted appraisals Appraisal adjustments (2) 10.0 % - 70.0 % 38.7 % Foreclosed assets $ 6,481 Discounted appraisals Appraisal adjustments (2) 10.0% - 17.4% 10.4 % (1) Weighted averages are determined by the relative fair value of the instruments or the relative contribution to the instruments fair value. (2) Appraisals may be adjusted by management for customized discounting criteria, estimated sales costs, and other qualitative adjustments.
Carrying Amount and Estimated Fair Value of Financial Instruments	The carrying amounts and estimated fair values of the Company’s financial instruments not measured at fair value on a recurring or non-recurring basis are as follows: September 30, 2024 Carrying Amount Quoted Price Significant Significant Total Financial assets Cash and due from banks $ 666,585 $ 666,585 $ — $ — $ 666,585 Certificates of deposit with other banks 250 250 — — 250 Loans held for sale 359,977 — — 382,752 382,752 Loans and leases held for investment, net of allowance for credit losses on loans and leases 9,319,783 — — 9,781,850 9,781,850 Financial liabilities Deposits 11,400,547 — 11,294,804 — 11,294,804 Borrowings 115,371 — — 125,733 125,733 December 31, 2023 Carrying Amount Quoted Price Significant Significant Total Financial assets Cash and due from banks $ 582,540 $ 582,540 $ — $ — $ 582,540 Certificates of deposit with other banks 250 250 — — 250 Loans held for sale 387,037 — — 402,096 402,096 Loans and leases held for investment, net of allowance for credit losses on loans and leases 8,119,971 — — 8,600,046 8,600,046 Financial liabilities Deposits 10,275,019 — 10,080,182 — 10,080,182 Borrowings 23,354 — — 22,844 22,844

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Summary of Commitments	A summary of the Company’s commitments is as follows: September 30, 2024 December 31, 2023 Commitments to extend credit (1) $ 3,428,065 $ 2,921,978 Standby letters of credit 7,926 20,487 Airplane purchase agreement commitments — 9,000 Total unfunded off-balance-sheet credit risk $ 3,435,991 $ 2,951,465 (1) Includes unfunded overdraft protection.
Schedules of Concentration of Risk, by Risk Factor	The following table presents the geographic concentration of the Company's loan and lease portfolio at September 30, 2024: % of Total Geographic Regions (1) Southeast 32.1 % West 25.1 Northeast 17.3 Midwest 12.6 Southwest 12.4 Non-U.S. 0.5 Total 100.0 % (1) Concentrations are stated as a percentage of total unguaranteed loans held for investment. Midwest consists of ND, SD, NE, KS, MN, IA,WI, MO, IL, IN, MI and OH. Northeast consists of MD, DE, PA, NJ, NY, CT, RI, MA, VT, ME and NH. Southeast consists of AR, LA, MS, TN, AL, GA, FL, SC, KY, NC, VA, WV, DC, PR and VI. Southwest consists of AZ, NM, TX and OK. West consists of WA, OR, CA, NV, ID, MT, WY, CO, UT, AK and HI. Non-U.S. includes addressees with foreign domicile. Domicile is determined by the principal resident or business address of the entity.

Segments (Tables)

Segments (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Schedule of Segment Information	The following tables provide financial information for the Company's segments. The information provided under the caption “Other” represents operations not considered to be reportable segments and/or general operating expenses of the Company, and includes the parent company, other non-bank subsidiaries and elimination adjustments to reconcile the results of the operating segments to the Unaudited Condensed Consolidated Financial Statements prepared in conformity with GAAP. Banking Fintech Other Consolidated As of and for the three months ended September 30, 2024 Interest income $ 208,897 $ 3 $ 36 $ 208,936 Interest expense 110,176 — 1,760 111,936 Net interest income (loss) 98,721 3 (1,724) 97,000 Provision for credit losses 34,502 — — 34,502 Noninterest income 31,196 (56) 1,792 32,932 Noninterest expense 73,383 1,469 2,737 77,589 Income tax expense (benefit) 5,824 (411) (597) 4,816 Net income (loss) $ 16,208 $ (1,111) $ (2,072) $ 13,025 Total assets $ 12,470,278 $ 137,272 $ (204) $ 12,607,346 As of and for the three months ended September 30, 2023 Interest income $ 180,416 $ (6) $ 201 $ 180,611 Interest expense 90,914 — 287 91,201 Net interest income (loss) 89,502 (6) (86) 89,410 Provision for credit losses 10,279 — — 10,279 Noninterest income 35,730 1,652 509 37,891 Noninterest expense 69,480 3,069 1,713 74,262 Income tax expense (benefit) 3,084 (5) (112) 2,967 Net income (loss) $ 42,389 $ (1,418) $ (1,178) $ 39,793 Total assets $ 10,800,881 $ 110,914 $ 38,665 $ 10,950,460 Banking Fintech Other Consolidated As of and for the nine months ended September 30, 2024 Interest income $ 599,534 $ 30 $ 240 $ 599,804 Interest expense 317,532 — 3,841 321,373 Net interest income (loss) 282,002 30 (3,601) 278,431 Provision for credit losses 62,631 — — 62,631 Noninterest income 88,536 1,569 3,083 93,188 Noninterest expense 219,517 6,540 6,925 232,982 Income tax expense (benefit) 12,285 (1,279) (2,574) 8,432 Net income (loss) $ 76,105 $ (3,662) $ (4,869) $ 67,574 Total assets $ 12,470,278 $ 137,272 $ (204) $ 12,607,346 As of and for the nine months ended September 30, 2023 Interest income $ 501,271 $ 14 $ 454 $ 501,739 Interest expense 245,094 — 916 246,010 Net interest income (loss) 256,177 14 (462) 255,729 Provision for credit losses 42,328 — — 42,328 Noninterest income 74,215 5,689 1,722 81,626 Noninterest expense 215,879 8,032 5,770 229,681 Income tax expense (benefit) 7,785 177 (351) 7,611 Net income (loss) $ 64,400 $ (2,506) $ (4,159) $ 57,735 Total assets $ 10,800,881 $ 110,914 $ 38,665 $ 10,950,460

Basis of Presentation (Details)

Basis of Presentation (Details) $ in Thousands		3 Months Ended				9 Months Ended
	Jul. 01, 2023 USD ($)	Sep. 30, 2024 USD ($)	Jun. 30, 2024 USD ($)	Mar. 31, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) segment	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Allowance for Loan Losses:
Number of reportable operating segments | segment						2
Total Loans and Leases		$ 9,859,966				$ 9,859,966		$ 8,655,865
Noninterest income		32,932			$ 37,891	93,188	$ 81,626
Gain (loss) on sale of property and equipment						(177)	(377)
Proceeds from sale of premises and equipment						978	100
Premises and equipment, net		267,032				267,032		257,881
Air Transportation Equipment
Allowance for Loan Losses:
Proceeds from sale of premises and equipment				$ 20,900
Premises and equipment, net				$ 18,500
Air Transportation Equipment | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Allowance for Loan Losses:
Gain (loss) on sale of property and equipment			$ 6,700
Building and Land | Disposal Group, Disposed of by Sale, Not Discontinued Operations
Allowance for Loan Losses:
Gain (loss) on sale of property and equipment		2,400
Receivables Under The Fair Value Option
Allowance for Loan Losses:
Total Loans and Leases		$ 343,371				$ 343,371		$ 388,036
Change in Accounting Method Accounted for as Change in Estimate
Allowance for Loan Losses:
Increase in servicing assets	$ 13,700
Noninterest income					15,000
Change in Accounting Method Accounted for as Change in Estimate | Receivables Under The Fair Value Option
Allowance for Loan Losses:
Total Loans and Leases	$ 1,300				$ 1,300		$ 1,300

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Basic earnings per share:
Net income	$ 13,025	$ 39,793	$ 67,574	$ 57,735
Weighted-average basic shares outstanding (in shares)	45,073,482	44,408,997	44,937,409	44,298,798
Basic earnings per share (in dollars per share)	$ 0.28	$ 0.89	$ 1.50	$ 1.30
Diluted earnings per share:
Net income, for diluted earnings per share	$ 13,025	$ 39,793	$ 67,574	$ 57,735
Total weighted-average basic shares outstanding (in shares)	45,073,482	44,408,997	44,937,409	44,298,798
Add effect of dilutive stock options and restricted stock grants (in shares)	880,465	859,748	769,836	724,941
Total weighted-average diluted shares outstanding (in shares)	45,953,947	45,268,745	45,707,245	45,023,739
Diluted earnings per share (in dollars per share)	$ 0.28	$ 0.88	$ 1.48	$ 1.28
Anti-dilutive stock options and restricted stock grants (in shares)	297,730	700,768	567,464	700,768

Securities - Carrying Amount an

Securities - Carrying Amount and Fair Value of Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	$ 1,313,985	$ 1,237,633
Unrealized Gains	2,841	468
Unrealized Losses	83,360	111,941
Fair Value	1,233,466	1,126,160
U.S. government agencies
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	11,267	17,809
Unrealized Gains	10	2
Unrealized Losses	83	282
Fair Value	11,194	17,529
Mortgage-backed securities
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	1,299,535	1,216,624
Unrealized Gains	2,831	466
Unrealized Losses	83,203	111,498
Fair Value	1,219,163	1,105,592
Municipal bonds
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	3,183	3,200
Unrealized Gains	0	0
Unrealized Losses	74	161
Fair Value	$ 3,109	$ 3,039

Securities - Narrative (Details

Securities - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($) security	Sep. 30, 2023 USD ($) security	Sep. 30, 2024 USD ($) security	Sep. 30, 2023 USD ($) security	Dec. 31, 2023 USD ($) security
Debt Securities, Available-for-Sale [Line Items]
Accrued interest receivable on available-for-sale securities | $	$ 4,000,000		$ 4,000,000		$ 3,300,000
Unrealized gain (loss) on equity securities | $	383,000	$ (1,000,000)	114,000	$ (1,000,000)
Collateral Pledged
Debt Securities, Available-for-Sale [Line Items]
Investment securities pledged | $	$ 0		$ 0		$ 0
Sale Of Available-for-Sale Securities
Debt Securities, Available-for-Sale [Line Items]
Number of investment securities sold	4	2	6	4
Proceeds from sale of investment securities | $	$ 3,700,000	$ 4,300,000	$ 18,500,000	$ 7,000,000
Called Available-for-Sale Securities
Debt Securities, Available-for-Sale [Line Items]
Number of investment securities sold			1
Proceeds from sale of investment securities | $			$ 2,500,000
Maturities Of Available-for-Sale Securities
Debt Securities, Available-for-Sale [Line Items]
Number of investment securities sold			1
Proceeds from sale of investment securities | $			$ 3,000,000
Mortgage-backed securities
Debt Securities, Available-for-Sale [Line Items]
Number of securities in unrealized loss portions for longer than 12 months	406		406		409
Number of securities in unrealized loss positions for less than 12 months	15		15		27
U.S. government agencies
Debt Securities, Available-for-Sale [Line Items]
Number of securities in unrealized loss portions for longer than 12 months	3		3		5
Municipal bonds
Debt Securities, Available-for-Sale [Line Items]
Number of securities in unrealized loss portions for longer than 12 months	2		2		2

Securities - Debt Securities Av

Securities - Debt Securities Available-for-Sale in Unrealized Loss Position (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Debt Securities, Available-for-Sale [Line Items]
Securities in unrealized loss position, less than 12 months, fair value	$ 67,397	$ 138,823
Securities in unrealized loss position, less than 12 months, unrealized losses	416	3,431
Securities in unrealized loss position, 12 months or more, fair value	917,172	904,795
Securities in unrealized loss position, 12 months or more, unrealized losses	82,944	108,510
Securities in unrealized loss position, total, fair value	984,569	1,043,618
Securities in unrealized loss position, total, unrealized losses	83,360	111,941
U.S. government agencies
Debt Securities, Available-for-Sale [Line Items]
Securities in unrealized loss position, less than 12 months, fair value	0	0
Securities in unrealized loss position, less than 12 months, unrealized losses	0	0
Securities in unrealized loss position, 12 months or more, fair value	9,886	15,057
Securities in unrealized loss position, 12 months or more, unrealized losses	83	282
Securities in unrealized loss position, total, fair value	9,886	15,057
Securities in unrealized loss position, total, unrealized losses	83	282
Mortgage-backed securities
Debt Securities, Available-for-Sale [Line Items]
Securities in unrealized loss position, less than 12 months, fair value	67,397	138,823
Securities in unrealized loss position, less than 12 months, unrealized losses	416	3,431
Securities in unrealized loss position, 12 months or more, fair value	904,177	886,699
Securities in unrealized loss position, 12 months or more, unrealized losses	82,787	108,067
Securities in unrealized loss position, total, fair value	971,574	1,025,522
Securities in unrealized loss position, total, unrealized losses	83,203	111,498
Municipal bonds
Debt Securities, Available-for-Sale [Line Items]
Securities in unrealized loss position, less than 12 months, fair value	0	0
Securities in unrealized loss position, less than 12 months, unrealized losses	0	0
Securities in unrealized loss position, 12 months or more, fair value	3,109	3,039
Securities in unrealized loss position, 12 months or more, unrealized losses	74	161
Securities in unrealized loss position, total, fair value	3,109	3,039
Securities in unrealized loss position, total, unrealized losses	$ 74	$ 161

Securities - Summary of Investm

Securities - Summary of Investment Securities by Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Amortized Cost
Amortized Cost	$ 1,313,985	$ 1,237,633
Fair Value
Fair Value	1,233,466	1,126,160
U.S. government agencies
Amortized Cost
Within one year	7,000
One to five years	4,267
Amortized Cost	11,267	17,809
Fair Value
Within one year	6,960
One to five years	4,234
Fair Value	11,194	17,529
Mortgage-backed securities
Amortized Cost
Within one year	24,709
One to five years	188,706
Five to 10 years	217,264
After 10 years	868,856
Amortized Cost	1,299,535	1,216,624
Fair Value
Within one year	24,544
One to five years	182,587
Five to 10 years	200,263
After 10 years	811,769
Fair Value	1,219,163	1,105,592
Municipal bonds
Amortized Cost
Five to 10 years	3,086
After 10 years	97
Amortized Cost	3,183	3,200
Fair Value
Five to 10 years	3,024
After 10 years	85
Fair Value	$ 3,109	$ 3,039

Securities - Carrying and Owner

Securities - Carrying and Ownership Percentage of Each Equity Method Investment (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Schedule Of Equity Method Investments [Line Items]
Amount	$ 112,200	$ 118,914
Apiture, Inc.
Schedule Of Equity Method Investments [Line Items]
Amount	$ 55,430	$ 60,682
Ownership %	40.40%	40.40%
Canapi Ventures SBIC Fund, LP
Schedule Of Equity Method Investments [Line Items]
Amount	$ 16,340	$ 18,190
Ownership %	2.90%	2.90%
Canapi Ventures Fund, LP
Schedule Of Equity Method Investments [Line Items]
Amount	$ 1,918	$ 2,267
Ownership %	1.50%	1.50%
Canapi Ventures Fund II, LP
Schedule Of Equity Method Investments [Line Items]
Amount	$ 7,455	$ 7,232
Ownership %	1.60%	1.60%
Canapi Ventures SBIC Fund II, LP
Schedule Of Equity Method Investments [Line Items]
Amount	$ 7,778	$ 7,611
Ownership %	2.90%	2.90%
Affordable housing
Schedule Of Equity Method Investments [Line Items]
Amount	$ 15,105	$ 15,611
Solar tax credit investments
Schedule Of Equity Method Investments [Line Items]
Amount	$ 6,784	$ 6,714
Ownership %	99%	99%
Other
Schedule Of Equity Method Investments [Line Items]
Amount	$ 1,390	$ 607

Securities - Carrying and Own_2

Securities - Carrying and Ownership Percentage of Each Equity Method Investment Narrative (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Estrella Landing
Schedule Of Equity Method Investments [Line Items]
Equity method investments, committed amount of investment	$ 1,800	$ 7,700
Ownership %	99.90%	99.90%
Cape Fear Collective
Schedule Of Equity Method Investments [Line Items]
Ownership %	91%	91%
Cape Fear Collective 2
Schedule Of Equity Method Investments [Line Items]
Ownership %	32.30%	32.30%
Green Sun, Sun Vest, HEP, And Heelstone
Schedule Of Equity Method Investments [Line Items]
Ownership %	99%	99%
Heelstone
Schedule Of Equity Method Investments [Line Items]
Equity method investments, committed amount of investment	$ 1,000	$ 0
OTR Fund I, LLC
Schedule Of Equity Method Investments [Line Items]
Ownership %	5.90%	5.90%
Canapi Ventures SBIC Fund, LP
Schedule Of Equity Method Investments [Line Items]
Equity method investments, committed amount of investment	$ 5,500	$ 5,000
Canapi Ventures Fund, LP
Schedule Of Equity Method Investments [Line Items]
Equity method investments, committed amount of investment	555	559
Canapi Ventures Fund II, LP
Schedule Of Equity Method Investments [Line Items]
Equity method investments, committed amount of investment	6,100	6,300
Canapi Ventures SBIC Fund II, LP
Schedule Of Equity Method Investments [Line Items]
Equity method investments, committed amount of investment	$ 7,000	$ 7,100

Securities - Carrying Amount of

Securities - Carrying Amount of Company Investments in Non Marketable Equity Securities with No Readily Determinable Fair Value and Amounts Recognized in Earnings (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Carrying value	$ 82,778	$ 78,508
Cumulative Adjustments
Impairment	0
Upward changes for observable prices	50,901
Downward changes for observable prices	(1,980)
Net upward (downward) change	48,921
Annual amount
Impairment		0
Upward changes for observable prices	409	0
Downward changes for observable prices	(369)	(999)
Net upward (downward) change	$ 40	$ (999)

Securities - Carrying Amount _2

Securities - Carrying Amount of Company Investments in Non Marketable Equity Securities with No Readily Determinable Fair Value and Amounts Recognized in Earnings Narrative (Details) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2021	Sep. 30, 2024	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Equity security investments, committed amount		$ 4.4	$ 2.6
Realized cash gains for sale of investment	$ 13.9

Securities - Summary of Variabl

Securities - Summary of Variable Interest Entities Not Consolidated (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Schedule Of Equity Method Investments [Line Items]
Liability Recognized	$ 11,599,590	$ 10,368,757
Variable Interest Entity, Not Primary Beneficiary | Solar tax credit investments
Schedule Of Equity Method Investments [Line Items]
Investment Carrying Amount	6,784	6,714
Maximum Exposure to Loss	39,583	48,869
Liability Recognized	1,008	0
Variable Interest Entity, Not Primary Beneficiary | Affordable housing
Schedule Of Equity Method Investments [Line Items]
Investment Carrying Amount	15,105	15,611
Maximum Exposure to Loss	15,929	15,611
Liability Recognized	1,784	7,715
Variable Interest Entity, Not Primary Beneficiary | Canapi Funds
Schedule Of Equity Method Investments [Line Items]
Investment Carrying Amount	34,116	35,300
Maximum Exposure to Loss	34,116	35,300
Liability Recognized	19,192	18,930
Variable Interest Entity, Not Primary Beneficiary | Non-marketable and other equity investments
Schedule Of Equity Method Investments [Line Items]
Investment Carrying Amount	10,194	8,840
Maximum Exposure to Loss	10,194	8,840
Liability Recognized	$ 4,370	$ 2,321

Securities - Summary of Varia_2

Securities - Summary of Variable Interest Entities Not Consolidated Narrative (Details) - Variable Interest Entity, Not Primary Beneficiary - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Solar tax credit investments
Schedule Of Equity Method Investments [Line Items]
Investment Carrying Amount	$ 6,784	$ 6,714
Investment tax credit recapture	32,800	42,200
Affordable housing
Schedule Of Equity Method Investments [Line Items]
Investment Carrying Amount	15,105	15,611
Investment tax credit recapture	$ 824
LIHTC investment		$ 8,800

Loans and Leases Held for Inv_3

Loans and Leases Held for Investment and Credit Quality - Summary of Total Loans and Leases Held for Investment and Aging Analysis of Portfolio Segments (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	$ 9,859,966	$ 8,655,865
Retained Loan Discount and Net Deferred Costs	(28,075)	(22,018)
Total	9,831,891	8,633,847
Receivables Not Under the Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	9,516,595	8,267,829
Receivables Not Under the Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	6,095,529	5,540,595
Receivables Not Under the Fair Value Option | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,229,482	1,702,656
Receivables Not Under the Fair Value Option | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,188,321	1,018,983
Receivables Not Under the Fair Value Option | Paycheck Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	3,263	5,595
Receivables Under The Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	343,371	388,036
Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	285,860	127,965
Current or Less than 30 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	9,230,735	8,139,864
30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	146,183	41,231
90 Days or More Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	139,677	86,734
Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 3,162,479	$ 3,033,694
Total Carried at Amortized Cost (in percent)	32.50%	35.90%
Loans Accounted for Under the Fair Value Option (in percent)	21.50%	17.10%
Total Loans and Leases (in percent)	32.10%	35%
Guaranteed Balance | Receivables Not Under the Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 3,088,495	$ 2,967,395
Guaranteed Balance | Receivables Under The Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 73,984	$ 66,299
Guaranteed Balance | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due (in percent)	63.30%	70.60%
Guaranteed Balance | Total Past Due | Receivables Not Under the Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 181,065	$ 90,290
Guaranteed Balance | Current or Less than 30 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due (in percent)	31.50%	35.30%
Guaranteed Balance | Current or Less than 30 Days Past Due | Receivables Not Under the Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 2,907,430	$ 2,877,105
Guaranteed Balance | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due (in percent)	43.60%	70.80%
Guaranteed Balance | 30-89 Days Past Due | Receivables Not Under the Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 63,704	$ 29,183
Guaranteed Balance | 90 Days or More Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due (in percent)	84%	70.50%
Guaranteed Balance | 90 Days or More Past Due | Receivables Not Under the Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	$ 117,361	$ 61,107
Commercial & Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	4,753,865	4,317,909
Commercial & Industrial | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,417,176	2,277,050
Commercial & Industrial | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,350,373	1,139,322
Commercial & Industrial | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	983,053	895,942
Commercial & Industrial | Paycheck Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	3,263	5,595
Commercial & Industrial | Receivables Not Under the Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	4,571,087	4,112,008
Commercial & Industrial | Receivables Not Under the Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,284,454	2,125,163
Commercial & Industrial | Receivables Not Under the Fair Value Option | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,345,808	1,131,493
Commercial & Industrial | Receivables Not Under the Fair Value Option | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	937,562	849,757
Commercial & Industrial | Receivables Not Under the Fair Value Option | Paycheck Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	3,263	5,595
Commercial & Industrial | Receivables Under The Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	182,778	205,901
Commercial & Industrial | Receivables Under The Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	132,722	151,887
Commercial & Industrial | Receivables Under The Fair Value Option | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	4,565	7,829
Commercial & Industrial | Receivables Under The Fair Value Option | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	45,491	46,185
Commercial & Industrial | Receivables Under The Fair Value Option | Paycheck Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Commercial & Industrial | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	148,872	56,786
Commercial & Industrial | Total Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	115,589	49,936
Commercial & Industrial | Total Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	13,417	0
Commercial & Industrial | Total Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	19,866	6,850
Commercial & Industrial | Total Past Due | Paycheck Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Commercial & Industrial | Current or Less than 30 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	4,422,215	4,055,222
Commercial & Industrial | Current or Less than 30 Days Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,168,865	2,075,227
Commercial & Industrial | Current or Less than 30 Days Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	1,332,391	1,131,493
Commercial & Industrial | Current or Less than 30 Days Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	917,696	842,907
Commercial & Industrial | Current or Less than 30 Days Past Due | Paycheck Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	3,263	5,595
Commercial & Industrial | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	59,070	19,376
Commercial & Industrial | 30-89 Days Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	45,392	16,570
Commercial & Industrial | 30-89 Days Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	13,417	0
Commercial & Industrial | 30-89 Days Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	261	2,806
Commercial & Industrial | 30-89 Days Past Due | Paycheck Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Commercial & Industrial | 90 Days or More Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	89,802	37,410
Commercial & Industrial | 90 Days or More Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	70,197	33,366
Commercial & Industrial | 90 Days or More Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Commercial & Industrial | 90 Days or More Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	19,605	4,044
Commercial & Industrial | 90 Days or More Past Due | Paycheck Protection Program
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	503,962	470,054
Construction & Development | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	437,132	415,094
Construction & Development | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	51,388	47,419
Construction & Development | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	15,442	7,541
Construction & Development | Receivables Not Under the Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	503,962	470,054
Construction & Development | Receivables Not Under the Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	437,132	415,094
Construction & Development | Receivables Not Under the Fair Value Option | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	51,388	47,419
Construction & Development | Receivables Not Under the Fair Value Option | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	15,442	7,541
Construction & Development | Receivables Under The Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | Receivables Under The Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | Receivables Under The Fair Value Option | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | Receivables Under The Fair Value Option | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	13,501	1,745
Construction & Development | Total Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	13,501	1,745
Construction & Development | Total Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | Total Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | Current or Less than 30 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	490,461	468,309
Construction & Development | Current or Less than 30 Days Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	423,631	413,349
Construction & Development | Current or Less than 30 Days Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	51,388	47,419
Construction & Development | Current or Less than 30 Days Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	15,442	7,541
Construction & Development | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	11,033	1,745
Construction & Development | 30-89 Days Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	11,033	1,745
Construction & Development | 30-89 Days Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | 30-89 Days Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | 90 Days or More Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,468	0
Construction & Development | 90 Days or More Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,468	0
Construction & Development | 90 Days or More Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Construction & Development | 90 Days or More Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	3,957,744	3,296,114
Commercial Real Estate | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,871,159	2,592,934
Commercial Real Estate | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	832,286	523,744
Commercial Real Estate | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	254,299	179,436
Commercial Real Estate | Receivables Not Under the Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	3,831,251	3,151,005
Commercial Real Estate | Receivables Not Under the Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,763,648	2,465,576
Commercial Real Estate | Receivables Not Under the Fair Value Option | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	832,286	523,744
Commercial Real Estate | Receivables Not Under the Fair Value Option | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	235,317	161,685
Commercial Real Estate | Receivables Under The Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	126,493	145,109
Commercial Real Estate | Receivables Under The Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	107,511	127,358
Commercial Real Estate | Receivables Under The Fair Value Option | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	0
Commercial Real Estate | Receivables Under The Fair Value Option | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	18,982	17,751
Commercial Real Estate | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	106,306	66,003
Commercial Real Estate | Total Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	81,509	50,899
Commercial Real Estate | Total Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	12,852	12,032
Commercial Real Estate | Total Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	11,945	3,072
Commercial Real Estate | Current or Less than 30 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	3,724,945	3,085,002
Commercial Real Estate | Current or Less than 30 Days Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,682,139	2,414,677
Commercial Real Estate | Current or Less than 30 Days Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	819,434	511,712
Commercial Real Estate | Current or Less than 30 Days Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	223,372	158,613
Commercial Real Estate | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	62,979	18,589
Commercial Real Estate | 30-89 Days Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	40,981	18,589
Commercial Real Estate | 30-89 Days Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	12,852	0
Commercial Real Estate | 30-89 Days Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	9,146	0
Commercial Real Estate | 90 Days or More Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	43,327	47,414
Commercial Real Estate | 90 Days or More Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	40,528	32,310
Commercial Real Estate | 90 Days or More Past Due | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	0	12,032
Commercial Real Estate | 90 Days or More Past Due | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	2,799	3,072
Commercial Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	644,395	571,788
Commercial Land | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	644,395	571,788
Commercial Land | Receivables Not Under the Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	610,295	534,762
Commercial Land | Receivables Not Under the Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	610,295	534,762
Commercial Land | Receivables Under The Fair Value Option
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	34,100	37,026
Commercial Land | Receivables Under The Fair Value Option | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	34,100	37,026
Commercial Land | Total Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	17,181	3,431
Commercial Land | Total Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	17,181	3,431
Commercial Land | Current or Less than 30 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	593,114	531,331
Commercial Land | Current or Less than 30 Days Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	593,114	531,331
Commercial Land | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	13,101	1,521
Commercial Land | 30-89 Days Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	13,101	1,521
Commercial Land | 90 Days or More Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	4,080	1,910
Commercial Land | 90 Days or More Past Due | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans and Leases	$ 4,080	$ 1,910

Loans and Leases Held for Inv_4

Loans and Leases Held for Investment and Credit Quality - Summary of Asset Quality Indicators by Portfolio Class and Origination Year (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Total loans held for investment
Total	$ 9,859,966		$ 9,859,966		$ 8,655,865
Year-To-Date Gross Charge-offs
Current fiscal year					0
Fiscal year before current fiscal year					5,621
Two years before current fiscal year					6,435
Three years before current fiscal year					1,058
Four years before current fiscal year					1,225
Prior					525
Revolving Loans Amortized Cost Basis					9,063
Revolving Loans Converted to Term					0
Charge offs	2,028	$ 9,375	14,223	$ 18,543	23,927
Small Business Banking
Year-To-Date Gross Charge-offs
Current fiscal year					0
Fiscal year before current fiscal year					5,621
Two years before current fiscal year					6,435
Three years before current fiscal year					1,058
Four years before current fiscal year					1,225
Prior					525
Revolving Loans Amortized Cost Basis					1,097
Revolving Loans Converted to Term					0
Charge offs					15,961
Specialty Lending
Year-To-Date Gross Charge-offs
Current fiscal year					0
Fiscal year before current fiscal year					0
Two years before current fiscal year					0
Three years before current fiscal year					0
Four years before current fiscal year					0
Prior					0
Revolving Loans Amortized Cost Basis					7,966
Revolving Loans Converted to Term					0
Charge offs					7,966
Receivables Not Under the Fair Value Option
Total loans held for investment
Current fiscal year	1,662,008		1,662,008		2,036,254
Fiscal year before current fiscal year	1,929,585		1,929,585		2,193,204
Two years before current fiscal year	2,107,846		2,107,846		1,853,492
Three years before current fiscal year	1,613,518		1,613,518		860,080
Four years before current fiscal year	736,463		736,463		500,089
Prior	762,337		762,337		417,584
Revolving Loans Amortized Cost Basis	542,239		542,239		326,786
Revolving Loans Converted to Term	162,599		162,599		80,340
Total	9,516,595		9,516,595		8,267,829
Year-To-Date Gross Charge-offs
Current fiscal year			0
Fiscal year before current fiscal year			1,542
Two years before current fiscal year			5,597
Three years before current fiscal year			3,686
Four years before current fiscal year			449
Prior			1,681
Revolving Loans Amortized Cost Basis			1,098
Revolving Loans Converted to Term			170
Charge offs			14,223
Receivables Not Under the Fair Value Option | Small Business Banking
Total loans held for investment
Current fiscal year	798,914		798,914		1,000,379
Fiscal year before current fiscal year	1,131,784		1,131,784		1,575,224
Two years before current fiscal year	1,539,342		1,539,342		1,345,415
Three years before current fiscal year	1,188,344		1,188,344		733,927
Four years before current fiscal year	623,065		623,065		423,901
Prior	662,798		662,798		375,537
Revolving Loans Amortized Cost Basis	130,789		130,789		73,758
Revolving Loans Converted to Term	20,493		20,493		12,454
Total	6,095,529		6,095,529		5,540,595
Year-To-Date Gross Charge-offs
Current fiscal year			0
Fiscal year before current fiscal year			1,542
Two years before current fiscal year			5,597
Three years before current fiscal year			3,533
Four years before current fiscal year			176
Prior			1,681
Revolving Loans Amortized Cost Basis			1,098
Revolving Loans Converted to Term			170
Charge offs			13,797
Receivables Not Under the Fair Value Option | Specialty Lending
Total loans held for investment
Current fiscal year	641,027		641,027		649,454
Fiscal year before current fiscal year	442,812		442,812		390,647
Two years before current fiscal year	338,570		338,570		273,655
Three years before current fiscal year	207,248		207,248		64,366
Four years before current fiscal year	61,370		61,370		18,326
Prior	2,429		2,429		112
Revolving Loans Amortized Cost Basis	393,920		393,920		238,210
Revolving Loans Converted to Term	142,106		142,106		67,886
Total	2,229,482		2,229,482		1,702,656
Receivables Not Under the Fair Value Option | Energy & Infrastructure
Total loans held for investment
Current fiscal year	222,067		222,067		386,421
Fiscal year before current fiscal year	354,989		354,989		227,333
Two years before current fiscal year	229,934		229,934		231,591
Three years before current fiscal year	216,038		216,038		59,023
Four years before current fiscal year	50,653		50,653		57,862
Prior	97,110		97,110		41,935
Revolving Loans Amortized Cost Basis	17,530		17,530		14,818
Revolving Loans Converted to Term	0		0		0
Total	1,188,321		1,188,321		1,018,983
Year-To-Date Gross Charge-offs
Current fiscal year			0
Fiscal year before current fiscal year			0
Two years before current fiscal year			0
Three years before current fiscal year			153
Four years before current fiscal year			273
Prior			0
Revolving Loans Amortized Cost Basis			0
Revolving Loans Converted to Term			0
Charge offs			426
Receivables Not Under the Fair Value Option | Paycheck Protection Program
Total loans held for investment
Current fiscal year	0		0		0
Fiscal year before current fiscal year	0		0		0
Two years before current fiscal year	0		0		2,831
Three years before current fiscal year	1,888		1,888		2,764
Four years before current fiscal year	1,375		1,375		0
Prior	0		0		0
Revolving Loans Amortized Cost Basis	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	3,263		3,263		5,595
Pass | Receivables Not Under the Fair Value Option | Small Business Banking
Total loans held for investment
Current fiscal year	785,067		785,067		990,349
Fiscal year before current fiscal year	1,086,723		1,086,723		1,470,824
Two years before current fiscal year	1,388,276		1,388,276		1,255,664
Three years before current fiscal year	1,071,627		1,071,627		660,926
Four years before current fiscal year	554,927		554,927		363,377
Prior	509,785		509,785		296,132
Revolving Loans Amortized Cost Basis	115,206		115,206		63,963
Revolving Loans Converted to Term	19,040		19,040		11,047
Total	5,530,651		5,530,651		5,112,282
Pass | Receivables Not Under the Fair Value Option | Specialty Lending
Total loans held for investment
Current fiscal year	641,027		641,027		640,596
Fiscal year before current fiscal year	430,420		430,420		337,880
Two years before current fiscal year	262,384		262,384		226,170
Three years before current fiscal year	160,179		160,179		21,286
Four years before current fiscal year	25,222		25,222		9,103
Prior	2,429		2,429		112
Revolving Loans Amortized Cost Basis	367,088		367,088		210,460
Revolving Loans Converted to Term	134,325		134,325		58,441
Total	2,023,074		2,023,074		1,504,048
Pass | Receivables Not Under the Fair Value Option | Energy & Infrastructure
Total loans held for investment
Current fiscal year	222,067		222,067		386,421
Fiscal year before current fiscal year	354,989		354,989		223,309
Two years before current fiscal year	212,845		212,845		120,917
Three years before current fiscal year	94,771		94,771		41,919
Four years before current fiscal year	34,881		34,881		50,035
Prior	71,171		71,171		23,308
Revolving Loans Amortized Cost Basis	17,530		17,530		14,818
Revolving Loans Converted to Term	0		0		0
Total	1,008,254		1,008,254		860,727
Pass | Receivables Not Under the Fair Value Option | Paycheck Protection Program
Total loans held for investment
Current fiscal year	0		0		0
Fiscal year before current fiscal year	0		0		0
Two years before current fiscal year	0		0		2,831
Three years before current fiscal year	1,888		1,888		2,764
Four years before current fiscal year	1,375		1,375		0
Prior	0		0		0
Revolving Loans Amortized Cost Basis	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	3,263		3,263		5,595
Special Mention | Receivables Not Under the Fair Value Option | Small Business Banking
Total loans held for investment
Current fiscal year	7,036		7,036		7,744
Fiscal year before current fiscal year	32,023		32,023		72,913
Two years before current fiscal year	76,061		76,061		60,115
Three years before current fiscal year	72,176		72,176		37,390
Four years before current fiscal year	31,983		31,983		42,095
Prior	95,949		95,949		50,705
Revolving Loans Amortized Cost Basis	8,144		8,144		7,174
Revolving Loans Converted to Term	1,108		1,108		1,407
Total	324,480		324,480		279,543
Special Mention | Receivables Not Under the Fair Value Option | Specialty Lending
Total loans held for investment
Current fiscal year	0		0		8,858
Fiscal year before current fiscal year	11,350		11,350		52,767
Two years before current fiscal year	58,310		58,310		35,453
Three years before current fiscal year	35,023		35,023		43,080
Four years before current fiscal year	36,148		36,148		9,223
Prior	0		0		0
Revolving Loans Amortized Cost Basis	22,396		22,396		20,547
Revolving Loans Converted to Term	3,907		3,907		5,417
Total	167,134		167,134		175,345
Special Mention | Receivables Not Under the Fair Value Option | Energy & Infrastructure
Total loans held for investment
Current fiscal year	0		0		0
Fiscal year before current fiscal year	0		0		0
Two years before current fiscal year	6,494		6,494		104,371
Three years before current fiscal year	1,925		1,925		13,485
Four years before current fiscal year	0		0		7,827
Prior	25,939		25,939		18,627
Revolving Loans Amortized Cost Basis	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	34,358		34,358		144,310
Substandard | Receivables Not Under the Fair Value Option | Small Business Banking
Total loans held for investment
Current fiscal year	6,811		6,811		2,286
Fiscal year before current fiscal year	13,038		13,038		31,487
Two years before current fiscal year	75,005		75,005		29,636
Three years before current fiscal year	44,541		44,541		35,611
Four years before current fiscal year	36,155		36,155		18,429
Prior	57,064		57,064		28,700
Revolving Loans Amortized Cost Basis	7,439		7,439		2,621
Revolving Loans Converted to Term	345		345		0
Total	240,398		240,398		148,770
Substandard | Receivables Not Under the Fair Value Option | Specialty Lending
Total loans held for investment
Current fiscal year	0		0		0
Fiscal year before current fiscal year	1,042		1,042		0
Two years before current fiscal year	17,876		17,876		12,032
Three years before current fiscal year	12,046		12,046		0
Four years before current fiscal year	0		0		0
Prior	0		0		0
Revolving Loans Amortized Cost Basis	4,436		4,436		7,203
Revolving Loans Converted to Term	3,874		3,874		4,028
Total	39,274		39,274		23,263
Substandard | Receivables Not Under the Fair Value Option | Energy & Infrastructure
Total loans held for investment
Current fiscal year	0		0		0
Fiscal year before current fiscal year	0		0		4,024
Two years before current fiscal year	10,595		10,595		6,303
Three years before current fiscal year	119,342		119,342		3,619
Four years before current fiscal year	15,772		15,772		0
Prior	0		0		0
Revolving Loans Amortized Cost Basis	0		0		0
Revolving Loans Converted to Term	0		0		0
Total	$ 145,709		$ 145,709		$ 13,946

Loans and Leases Held for Inv_5

Loans and Leases Held for Investment and Credit Quality - Summary of Asset Quality Indicators by Portfolio Class and Origination Year Narrative (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Financing Receivable Recorded Investment [Line Items]
Total Loans and Leases	$ 9,859,966	$ 8,655,865
Receivables Under The Fair Value Option
Financing Receivable Recorded Investment [Line Items]
Total Loans and Leases	$ 343,371	$ 388,036

Loans and Leases Held for Inv_6

Loans and Leases Held for Investment and Credit Quality - Summary of Guaranteed and Unguaranteed Loan and Lease Balance by Asset Quality Indicator (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Financing Receivable Recorded Investment [Line Items]
Total carried at amortized cost	$ 9,516,595	$ 8,267,829
Guaranteed Balance
Financing Receivable Recorded Investment [Line Items]
Total carried at amortized cost	3,088,495	2,967,395
Unguaranteed Balance
Financing Receivable Recorded Investment [Line Items]
Total carried at amortized cost	$ 6,428,100	$ 5,300,434
% Guaranteed
Financing Receivable Recorded Investment [Line Items]
% Guaranteed	32.50%	35.90%
Pass
Financing Receivable Recorded Investment [Line Items]
Total carried at amortized cost	$ 8,565,242	$ 7,482,652
Pass | Guaranteed Balance
Financing Receivable Recorded Investment [Line Items]
Total carried at amortized cost	2,639,737	2,622,558
Pass | Unguaranteed Balance
Financing Receivable Recorded Investment [Line Items]
Total carried at amortized cost	$ 5,925,505	$ 4,860,094
Pass | % Guaranteed
Financing Receivable Recorded Investment [Line Items]
% Guaranteed	30.80%	35%
Special Mention
Financing Receivable Recorded Investment [Line Items]
Total carried at amortized cost	$ 525,972	$ 599,198
Special Mention | Guaranteed Balance
Financing Receivable Recorded Investment [Line Items]
Total carried at amortized cost	169,371	234,845
Special Mention | Unguaranteed Balance
Financing Receivable Recorded Investment [Line Items]
Total carried at amortized cost	$ 356,601	$ 364,353
Special Mention | % Guaranteed
Financing Receivable Recorded Investment [Line Items]
% Guaranteed	32.20%	39.20%
Substandard
Financing Receivable Recorded Investment [Line Items]
Total carried at amortized cost	$ 425,381	$ 185,979
Substandard | Guaranteed Balance
Financing Receivable Recorded Investment [Line Items]
Total carried at amortized cost	279,387	109,992
Substandard | Unguaranteed Balance
Financing Receivable Recorded Investment [Line Items]
Total carried at amortized cost	$ 145,994	$ 75,987
Substandard | % Guaranteed
Financing Receivable Recorded Investment [Line Items]
% Guaranteed	65.70%	59.10%

Loans and Leases Held for Inv_7

Loans and Leases Held for Investment and Credit Quality - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Allowance for Loan Losses:
Loans greater than 90 days past due and still accruing	$ 0		$ 0		$ 0
Interest income recognized on nonaccrual loans and leases	0	$ 0	0	$ 0
Accrued interest receivable on loans	74,700,000		74,700,000		$ 63,500,000
Commitments to lend	$ 6,300,000		$ 6,300,000
Change in Accounting Method Accounted for as Change in Estimate
Allowance for Loan Losses:
Increases (decrease) in allowance for credit loss ("ACL")				$ 1,500,000

Loans and Leases Held for Inv_8

Loans and Leases Held for Investment and Credit Quality - Nonaccrual Loans and Leases Held for Investment (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	$ 215,575	$ 134,963
Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	166,177	95,678
Unguaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	49,398	39,285
Unguaranteed Exposure with No ACL
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed Exposure with No ACL	20,968	23,378
Commercial & Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	116,393	54,408
Commercial & Industrial | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	96,787	47,558
Commercial & Industrial | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	19,606	6,850
Commercial & Industrial | Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	96,060	41,812
Commercial & Industrial | Guaranteed Balance | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	80,194	39,018
Commercial & Industrial | Guaranteed Balance | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	15,866	2,794
Commercial & Industrial | Unguaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	20,333	12,596
Commercial & Industrial | Unguaranteed Balance | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	16,593	8,540
Commercial & Industrial | Unguaranteed Balance | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	3,740	4,056
Commercial & Industrial | Unguaranteed Exposure with No ACL
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed Exposure with No ACL	1,339	2,953
Commercial & Industrial | Unguaranteed Exposure with No ACL | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed Exposure with No ACL	1,204	407
Commercial & Industrial | Unguaranteed Exposure with No ACL | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed Exposure with No ACL	135	2,546
Construction & Development
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	3,970	1,745
Construction & Development | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	3,970	1,745
Construction & Development | Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	3,390	1,309
Construction & Development | Guaranteed Balance | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	3,390	1,309
Construction & Development | Unguaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	580	436
Construction & Development | Unguaranteed Balance | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	580	436
Construction & Development | Unguaranteed Exposure with No ACL
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed Exposure with No ACL	375	0
Construction & Development | Unguaranteed Exposure with No ACL | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed Exposure with No ACL	375	0
Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	86,472	72,244
Commercial Real Estate | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	64,226	57,140
Commercial Real Estate | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	11,304	12,032
Commercial Real Estate | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	10,942	3,072
Commercial Real Estate | Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	58,938	47,225
Commercial Real Estate | Guaranteed Balance | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	48,810	44,426
Commercial Real Estate | Guaranteed Balance | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	0	0
Commercial Real Estate | Guaranteed Balance | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	10,128	2,799
Commercial Real Estate | Unguaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	27,534	25,019
Commercial Real Estate | Unguaranteed Balance | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	15,416	12,714
Commercial Real Estate | Unguaranteed Balance | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	11,304	12,032
Commercial Real Estate | Unguaranteed Balance | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	814	273
Commercial Real Estate | Unguaranteed Exposure with No ACL
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed Exposure with No ACL	18,985	20,231
Commercial Real Estate | Unguaranteed Exposure with No ACL | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed Exposure with No ACL	6,867	8,199
Commercial Real Estate | Unguaranteed Exposure with No ACL | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed Exposure with No ACL	11,304	12,032
Commercial Real Estate | Unguaranteed Exposure with No ACL | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed Exposure with No ACL	814	0
Commercial Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	8,740	6,566
Commercial Land | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	8,740	6,566
Commercial Land | Guaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	7,789	5,332
Commercial Land | Guaranteed Balance | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	7,789	5,332
Commercial Land | Unguaranteed Balance
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	951	1,234
Commercial Land | Unguaranteed Balance | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan and Lease Balance	951	1,234
Commercial Land | Unguaranteed Exposure with No ACL
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed Exposure with No ACL	269	194
Commercial Land | Unguaranteed Exposure with No ACL | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Unguaranteed Exposure with No ACL	$ 269	$ 194

Loans and Leases Held for Inv_9

Loans and Leases Held for Investment and Credit Quality - Accrued Interest Reversed (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accrued interest reversed	$ 1,464	$ 197	$ 2,858	$ 1,584
Commercial & Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accrued interest reversed	950	165	1,924	1,208
Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accrued interest reversed	442	32	780	376
Commercial Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accrued interest reversed	28	0	80	0
Construction & Development
Financing Receivable, Recorded Investment, Past Due [Line Items]
Accrued interest reversed	$ 44	$ 0	$ 74	$ 0

Loans and Leases Held for In_10

Loans and Leases Held for Investment and Credit Quality - Amortized Cost Basis of Collateral-Dependent Loans and Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	$ 9,516,595	$ 8,267,829
Collateral Dependent Loans, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	141,136	25,683
Collateral Dependent Loans, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	46,319	10,159
Collateral Dependent Loans, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Unguaranteed Portion, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	24,694	6,919
Unguaranteed Portion, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	22,512	5,485
Unguaranteed Portion, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Unguaranteed Portion
Financing Receivable, Recorded Investment, Past Due [Line Items]
Allowance for Credit Losses	14,035	277
Commercial & Industrial | Collateral Dependent Loans, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	100,455	2,737
Commercial & Industrial | Collateral Dependent Loans, Real Estate | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	6,324	2,737
Commercial & Industrial | Collateral Dependent Loans, Real Estate | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial & Industrial | Collateral Dependent Loans, Real Estate | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	94,131	0
Commercial & Industrial | Collateral Dependent Loans, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	45,604	10,159
Commercial & Industrial | Collateral Dependent Loans, Business Assets | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	27,759	2,426
Commercial & Industrial | Collateral Dependent Loans, Business Assets | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	14,976	4,711
Commercial & Industrial | Collateral Dependent Loans, Business Assets | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	2,869	3,022
Commercial & Industrial | Collateral Dependent Loans, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial & Industrial | Collateral Dependent Loans, Other | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial & Industrial | Collateral Dependent Loans, Other | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial & Industrial | Collateral Dependent Loans, Other | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial & Industrial | Unguaranteed Portion, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	14,605	421
Commercial & Industrial | Unguaranteed Portion, Real Estate | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	1,255	421
Commercial & Industrial | Unguaranteed Portion, Real Estate | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial & Industrial | Unguaranteed Portion, Real Estate | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	13,350	0
Commercial & Industrial | Unguaranteed Portion, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	21,797	5,485
Commercial & Industrial | Unguaranteed Portion, Business Assets | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	6,747	547
Commercial & Industrial | Unguaranteed Portion, Business Assets | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	14,976	4,711
Commercial & Industrial | Unguaranteed Portion, Business Assets | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	74	227
Commercial & Industrial | Unguaranteed Portion, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial & Industrial | Unguaranteed Portion, Other | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial & Industrial | Unguaranteed Portion, Other | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial & Industrial | Unguaranteed Portion, Other | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial & Industrial | Unguaranteed Portion
Financing Receivable, Recorded Investment, Past Due [Line Items]
Allowance for Credit Losses	12,288	277
Commercial & Industrial | Unguaranteed Portion | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Allowance for Credit Losses	5,107	277
Commercial & Industrial | Unguaranteed Portion | Specialty Lending
Financing Receivable, Recorded Investment, Past Due [Line Items]
Allowance for Credit Losses	7,181	0
Commercial & Industrial | Unguaranteed Portion | Energy & Infrastructure
Financing Receivable, Recorded Investment, Past Due [Line Items]
Allowance for Credit Losses	0	0
Commercial Real Estate | Collateral Dependent Loans, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	35,887	21,211
Commercial Real Estate | Collateral Dependent Loans, Real Estate | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	35,887	21,211
Commercial Real Estate | Collateral Dependent Loans, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	715	0
Commercial Real Estate | Collateral Dependent Loans, Business Assets | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	715	0
Commercial Real Estate | Collateral Dependent Loans, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Real Estate | Collateral Dependent Loans, Other | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Real Estate | Unguaranteed Portion, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	7,608	6,298
Commercial Real Estate | Unguaranteed Portion, Real Estate | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	7,608	6,298
Commercial Real Estate | Unguaranteed Portion, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	715	0
Commercial Real Estate | Unguaranteed Portion, Business Assets | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	715	0
Commercial Real Estate | Unguaranteed Portion, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Real Estate | Unguaranteed Portion, Other | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Real Estate | Unguaranteed Portion
Financing Receivable, Recorded Investment, Past Due [Line Items]
Allowance for Credit Losses	769	0
Commercial Real Estate | Unguaranteed Portion | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Allowance for Credit Losses	769	0
Commercial Land | Collateral Dependent Loans, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	4,794	1,735
Commercial Land | Collateral Dependent Loans, Real Estate | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	4,794	1,735
Commercial Land | Collateral Dependent Loans, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Land | Collateral Dependent Loans, Business Assets | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Land | Collateral Dependent Loans, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Land | Collateral Dependent Loans, Other | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Land | Unguaranteed Portion, Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	2,481	200
Commercial Land | Unguaranteed Portion, Real Estate | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	2,481	200
Commercial Land | Unguaranteed Portion, Business Assets
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Land | Unguaranteed Portion, Business Assets | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Land | Unguaranteed Portion, Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Land | Unguaranteed Portion, Other | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total loans and leases receivable	0	0
Commercial Land | Unguaranteed Portion
Financing Receivable, Recorded Investment, Past Due [Line Items]
Allowance for Credit Losses	978	0
Commercial Land | Unguaranteed Portion | Small Business Banking
Financing Receivable, Recorded Investment, Past Due [Line Items]
Allowance for Credit Losses	$ 978	$ 0

Loans and Leases Held for In_11

Loans and Leases Held for Investment and Credit Quality - Activity in the Allowance for Credit Losses ("ACL") by Portfolio Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	$ 137,867	$ 120,116	$ 125,840	$ 96,566	$ 96,566
Charge offs	(2,028)	(9,375)	(14,223)	(18,543)	(23,927)
Recoveries	318	253	1,097	1,598
Provision (Recovery)	32,580	10,279	56,023	42,328
Ending Balance	168,737	121,273	168,737	121,273	125,840
Adoption of ASU 2022-02
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				(676)	(676)
Commercial & Industrial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	108,166	79,407	87,581	64,995	64,995
Charge offs	(1,739)	(9,088)	(13,483)	(17,564)
Recoveries	41	104	553	685
Provision (Recovery)	26,580	10,395	58,397	32,727
Ending Balance	133,048	80,818	133,048	80,818	87,581
Commercial & Industrial | Adoption of ASU 2022-02
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				(25)	(25)
Construction & Development
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	3,694	6,428	4,717	5,101	5,101
Charge offs	0	0	(338)	0
Recoveries	0	0	0	0
Provision (Recovery)	291	(448)	(394)	1,045
Ending Balance	3,985	5,980	3,985	5,980	4,717
Construction & Development | Adoption of ASU 2022-02
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				(166)	(166)
Commercial Real Estate
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	23,540	29,908	28,864	22,901	22,901
Charge offs	(273)	(287)	(378)	(979)
Recoveries	269	149	536	913
Provision (Recovery)	4,437	134	(1,049)	7,152
Ending Balance	27,973	29,904	27,973	29,904	28,864
Commercial Real Estate | Adoption of ASU 2022-02
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				(83)	(83)
Commercial Land
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance	2,467	4,373	4,678	3,569	3,569
Charge offs	(16)	0	(24)	0
Recoveries	8	0	8	0
Provision (Recovery)	1,272	198	(931)	1,404
Ending Balance	$ 3,731	$ 4,571	$ 3,731	4,571	4,678
Commercial Land | Adoption of ASU 2022-02
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning Balance				$ (402)	$ (402)

Loans and Leases Held for In_12

Loans and Leases Held for Investment and Credit Quality - Loan Modifications for Borrowers Experiencing Financial Difficulty (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Financing Receivable Modifications [Line Items]
% of Total Class of Financing Receivable	0.19%	0.28%	0.30%	2.31%
Small Business Banking
Financing Receivable Modifications [Line Items]
% of Total Class of Financing Receivable	0.03%	0.28%	0.14%	0.35%
Specialty Lending
Financing Receivable Modifications [Line Items]
% of Total Class of Financing Receivable	0.16%		0.16%	0.30%
Energy & Infrastructure
Financing Receivable Modifications [Line Items]
% of Total Class of Financing Receivable				1.66%
Other-Than-Insignificant Payment Delay
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period	$ 2,014	$ 10,117	$ 8,278	$ 10,117
Other-Than-Insignificant Payment Delay | Small Business Banking
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period	2,014	10,117	8,278	10,117
Other-Than-Insignificant Payment Delay | Specialty Lending
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period	0		0	0
Other-Than-Insignificant Payment Delay | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period				0
Term Extension
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period	0	5,184	0	19,068
Term Extension | Small Business Banking
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period	0	5,184	0	5,184
Term Extension | Specialty Lending
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period	0		0	399
Term Extension | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period				13,485
Interest Rate Reduction
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period	3,478	0	3,478	3,356
Interest Rate Reduction | Small Business Banking
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period	0	0	0	3,356
Interest Rate Reduction | Specialty Lending
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period	3,478		3,478	0
Interest Rate Reduction | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period				0
Combination - Term Extension & Interest Rate Reduction
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period	2,500		2,500
Combination - Term Extension & Interest Rate Reduction | Small Business Banking
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period	0		0
Combination - Term Extension & Interest Rate Reduction | Specialty Lending
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period	$ 2,500		$ 2,500
Combination - Term Extension & Payment Delay
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period		0		4,525
Combination - Term Extension & Payment Delay | Small Business Banking
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period		$ 0		361
Combination - Term Extension & Payment Delay | Specialty Lending
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period				4,164
Combination - Term Extension & Payment Delay | Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Amortized cost basis of loans modified during period				$ 0

Loans and Leases Held for In_13

Loans and Leases Held for Investment and Credit Quality - Aging Analysis Of Loans That Were Modified (Details - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Financing Receivable Modifications [Line Items]
Total	$ 0	$ 0
Current
Financing Receivable Modifications [Line Items]
Total	14,256	37,066
30-89 Days Past Due
Financing Receivable Modifications [Line Items]
Total	0	0
90 Days or More Past Due
Financing Receivable Modifications [Line Items]
Total	0	0
Small Business Banking
Financing Receivable Modifications [Line Items]
Total	0	0
Small Business Banking | Current
Financing Receivable Modifications [Line Items]
Total	8,278	19,018
Small Business Banking | 30-89 Days Past Due
Financing Receivable Modifications [Line Items]
Total	0	0
Small Business Banking | 90 Days or More Past Due
Financing Receivable Modifications [Line Items]
Total	0	0
Specialty Lending
Financing Receivable Modifications [Line Items]
Total	0	0
Specialty Lending | Current
Financing Receivable Modifications [Line Items]
Total	5,978	4,563
Specialty Lending | 30-89 Days Past Due
Financing Receivable Modifications [Line Items]
Total	0	0
Specialty Lending | 90 Days or More Past Due
Financing Receivable Modifications [Line Items]
Total	$ 0	0
Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Total		0
Energy & Infrastructure | Current
Financing Receivable Modifications [Line Items]
Total		13,485
Energy & Infrastructure | 30-89 Days Past Due
Financing Receivable Modifications [Line Items]
Total		0
Energy & Infrastructure | 90 Days or More Past Due
Financing Receivable Modifications [Line Items]
Total		$ 0

Loans and Leases Held for In_14

Loans and Leases Held for Investment and Credit Quality - Financial Effect of Loan Modifications (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Small Business Banking
Financing Receivable Modifications [Line Items]
Weighted Average Interest Rate Reduction		0%		1.41%
Weighted Average Term Extension (in Months)		60 months		67 months
Specialty Lending
Financing Receivable Modifications [Line Items]
Weighted Average Interest Rate Reduction	5%		5%	0%
Weighted Average Term Extension (in Months)	7 months		7 months	70 months
Energy & Infrastructure
Financing Receivable Modifications [Line Items]
Weighted Average Interest Rate Reduction				0%
Weighted Average Term Extension (in Months)				12 months

Leases - Additional Information

Leases - Additional Information (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) term	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Lessor Lease Description [Line Items]
Direct financing lease, interest income	$ 29	$ 72	$ 95	$ 211
Number of additional terms | term			2
Net investment in assets included in premises and equipment that are subject to operating leases	96,000		$ 96,000		$ 104,000
Premises and equipment, gross	160,700		160,700		162,300
Premises and equipment, accumulated depreciation	64,700		64,700		$ 58,300
Premises and equipment, depreciation expense	2,400	2,400	7,100	7,200
Lease income	$ 2,300	$ 2,400	$ 7,100	$ 7,100
Minimum
Lessor Lease Description [Line Items]
Financing lease, term of contract (in years)	3 years		3 years
Operating lease, term of contract (in years)	10 years		10 years
Useful life (in years)	20 years		20 years
Residual value (in percent)	20%		20%
Maximum
Lessor Lease Description [Line Items]
Financing lease, term of contract (in years)	7 years		7 years
Operating lease, term of contract (in years)	15 years		15 years
Useful life (in years)	25 years		25 years
Residual value (in percent)	50%		50%

Leases - Direct Financing Lease

Leases - Direct Financing Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Leases [Abstract]
Gross direct finance lease payments receivable	$ 1,357	$ 2,335
Less – unearned interest	(116)	(218)
Net investment in direct financing leases	$ 1,241	$ 2,117

Leases - Finance Lease Maturity

Leases - Finance Lease Maturity (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Leases [Abstract]
2024	$ 322
2025	929
2026	106
Total	$ 1,357

Leases - Maturity Analysis of F

Leases - Maturity Analysis of Future Minimum Operating Lease Payments to be Received (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Leases [Abstract]
2024	$ 2,988
2025	8,741
2026	8,721
2027	8,483
2028	3,837
Thereafter	9,708
Total	$ 42,478

Servicing Assets - Narrative (D

Servicing Assets - Narrative (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Servicing Assets at Fair Value [Line Items]
Unpaid principal balance of loans serviced for others requiring recognition of a servicing asset	$ 3,380,000		$ 3,090,000
Unpaid principal balances of loan serviced for others	4,450,000		$ 4,240,000
Commercial Loan
Servicing Assets at Fair Value [Line Items]
Servicing asset at amortized cost	$ 258
Weighted Average
Servicing Assets at Fair Value [Line Items]
Discount rate (in percent)	14.50%	15%
Prepayment rate (in percent)	15.70%	15.30%

Servicing Assets - Summary of A

Servicing Assets - Summary of Activity Pertaining to Servicing Rights (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Servicing Asset at Fair Value, Amount [Roll Forward]
Balance at beginning of period	$ 51,303	$ 31,042	$ 48,186	$ 26,323
Additions, net	5,200	4,750	13,938	11,944
Fair value changes:
Due to changes in valuation inputs or assumptions	(1,824)	13,334	(902)	15,457
Decay due to increases in principal paydowns or runoff	(2,384)	(1,999)	(8,927)	(6,597)
Balance at end of period	$ 52,295	$ 47,127	$ 52,295	$ 47,127

Borrowings - Total Outstanding

Borrowings - Total Outstanding Borrowings (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Borrowings	$ 115,371	$ 23,354
Other long term debt	143	0
Third Party Correspondent Bank | 2021 Term Loan
Debt Instrument [Line Items]
Borrowings	15,758	23,354
Third Party Correspondent Bank | 2024 Term Loan
Debt Instrument [Line Items]
Borrowings	$ 99,470	$ 0

Borrowings - Total Outstandin_2

Borrowings - Total Outstanding Borrowings Line Descriptions (Details) - USD ($) $ in Thousands	1 Months Ended
	Mar. 31, 2024	Mar. 31, 2021	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Borrowings			$ 115,371	$ 23,354
2021 Term Loan | Third Party Correspondent Bank
Debt Instrument [Line Items]
Debt instrument term (in months)		60 months
Debt instrument face amount		$ 50,000
Debt instrument fixed interest rate (in percent)		2.95%
Debt instrument, maturity date		Mar. 30, 2026
Non-refundable loan origination fee		$ 325
Borrowings			15,758	23,354
2024 Term Loan | Third Party Correspondent Bank
Debt Instrument [Line Items]
Debt instrument term (in months)	60 months
Debt instrument face amount	$ 100,000
Debt instrument fixed interest rate (in percent)	5.95%
Debt instrument, maturity date	Mar. 28, 2029
Non-refundable loan origination fee	$ 600
Principal to be paid in year 4	33,000
Principal to be paid in year 5	$ 67,000
Borrowings			$ 99,470	$ 0

Borrowings - Narrative (Details

Borrowings - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Third Party Correspondent Bank
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity	$ 6,370	$ 6,280
Securities and Loans Identified As Available For Collateral
Debt Instrument [Line Items]
Unused borrowing capacity	$ 3,690	$ 3,680

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Rollforward of Level 3 Equity Warrant Asset Fair Values (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Balance at beginning of period	$ 7,407	$ 2,251	$ 2,874	$ 2,210
New equity warrant assets	298	708	791	952
Changes in fair value, net	(127)	19	6,119	37
Settlements	(264)	0	(2,470)	(221)
Balance at end of period	$ 7,314	$ 2,978	$ 7,314	$ 2,978

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Recorded Amount of Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	$ 1,233,466		$ 1,126,160
Servicing assets	52,295	$ 51,303	48,186	$ 47,127	$ 31,042	$ 26,323
U.S. government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	11,194		17,529
Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	1,219,163		1,105,592
Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	3,109		3,039
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for investment	343,371		388,036
Servicing assets	52,295		48,186
Equity warrant assets	7,314		2,874
Total assets at fair value	1,637,186		1,566,901
Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for investment	0		0
Servicing assets	0		0
Equity warrant assets	0		0
Total assets at fair value	0		0
Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for investment	0		0
Servicing assets	0		0
Equity warrant assets	0		0
Total assets at fair value	1,234,121		1,127,720
Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for investment	343,371		388,036
Servicing assets	52,295		48,186
Equity warrant assets	7,314		2,874
Total assets at fair value	403,065		439,181
Recurring | U.S. government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	11,194		17,529
Recurring | U.S. government agencies | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	0		0
Recurring | U.S. government agencies | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	11,194		17,529
Recurring | U.S. government agencies | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	0		0
Recurring | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	1,219,163		1,105,592
Recurring | Mortgage-backed securities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	0		0
Recurring | Mortgage-backed securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	1,219,163		1,105,592
Recurring | Mortgage-backed securities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	0		0
Recurring | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	3,109		3,039
Recurring | Municipal bonds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	0		0
Recurring | Municipal bonds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	3,024		2,954
Recurring | Municipal bonds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available-for-sale	85		85
Recurring | Mutual fund
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mutual fund	740		1,645
Recurring | Mutual fund | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mutual fund	0		0
Recurring | Mutual fund | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mutual fund	740		1,645
Recurring | Mutual fund | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mutual fund	$ 0		$ 0

Fair Value of Financial Instr_5

Fair Value of Financial Instruments - Recorded Amount of Assets and Liabilities Measured at Fair Value on a Recurring Basis Footnotes (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value adjustment, gain (loss)	$ 0	$ 0	$ 0	$ (9,000)

Fair Value of Financial Instr_6

Fair Value of Financial Instruments - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Fair value option that were 90 days or more past due and still accruing	$ 0		$ 0		$ 0
Unpaid principal balance of unguaranteed exposure for nonaccruals	9,500,000		9,500,000		$ 9,100,000
Gains (losses) related to borrower-specific credit risk	$ 0	$ 0	$ 0	$ 3,500,000

Fair Value of Financial Instr_7

Fair Value of Financial Instruments - Summary of Fair Value Carrying Amount and Unpaid Principal Outstanding of Loans Under Fair Value Option (Details) - Loans held for investment - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Fair Value Option Quantitative Disclosures [Line Items]
Total Loans, Fair Value Carrying Amount	$ 343,371	$ 388,036
Total Loans, Unpaid Principal Balance	359,023	407,544
Total Loans, Difference	(15,653)	(19,508)
Nonaccruals, Fair Value Carrying Amount	58,494	48,474
Nonaccruals, Unpaid Principal Balance	60,046	50,749
Nonaccruals, Difference	(1,551)	(2,275)
90 Days or More Past Due, Fair Value Carrying Amount	54,094	36,490
90 Days or More Past Due, Unpaid Principal Balance	55,583	37,939
90 Days or More Past Due, Difference	$ (1,489)	$ (1,449)

Fair Value of Financial Instr_8

Fair Value of Financial Instruments - Schedule of Net Gains (Losses) from Changes in Fair Value (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value Option Quantitative Disclosures [Line Items]
Gains (Losses) on Loans Accounted for under the Fair Value Option	$ 2,255	$ (568)	$ 2,208	$ (3,369)
Loans held for investment
Fair Value Option Quantitative Disclosures [Line Items]
Gains (Losses) on Loans Accounted for under the Fair Value Option	$ 2,255	$ (568)	$ 2,208	$ (3,369)

Fair Value of Financial Instr_9

Fair Value of Financial Instruments - Summary of the Activity Pertaining to Loans Accounted for Under Fair Value Option (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Jul. 01, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Loans receivable, fair value	$ 9,859,966		$ 9,859,966		$ 8,655,865
Receivables Under The Fair Value Option
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Loans receivable, fair value	343,371		343,371		$ 388,036
Receivables Under The Fair Value Option | Change in Accounting Method Accounted for as Change in Estimate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Loans receivable, fair value		$ 1,300		$ 1,300		$ 1,300
Loans held for investment
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at beginning of period	363,017	441,781	388,036	494,458
Repurchases	3,312	3,390	16,125	19,287
Fair value changes	2,255	(568)	2,208	(3,369)
Settlements	(25,213)	(34,475)	(62,998)	(100,248)
Balance at end of period	$ 343,371	$ 410,128	$ 343,371	$ 410,128

Fair Value of Financial Inst_10

Fair Value of Financial Instruments - Recorded Amount of Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreclosed assets	$ 8,015	$ 6,481
Non-recurring fair value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral-dependent loans	13,400	4,503
Foreclosed assets		6,481
Total assets at fair value	13,400	10,984
Non-recurring fair value | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral-dependent loans	0	0
Foreclosed assets		0
Total assets at fair value	0	0
Non-recurring fair value | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral-dependent loans	0	0
Foreclosed assets		0
Total assets at fair value	0	0
Non-recurring fair value | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Collateral-dependent loans	13,400	4,503
Foreclosed assets		6,481
Total assets at fair value	$ 13,400	$ 10,984

Fair Value of Financial Inst_11

Fair Value of Financial Instruments - Analysis of Level 3 Valuation Techniques (Details) $ in Thousands	Sep. 30, 2024 USD ($)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)	Sep. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Servicing asset, fair value	$ 52,295	$ 51,303	$ 48,186	$ 47,127	$ 31,042	$ 26,323
Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, fair value	343,371		388,036
Recurring fair value
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value	1,637,186		1,566,901
Servicing asset, fair value	52,295		48,186
Recurring fair value | Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value	403,065		439,181
Servicing asset, fair value	52,295		48,186
Recurring fair value | Level 3 | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value			388,036
Loans held for investment, fair value	343,371
Recurring fair value | Level 3 | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value	7,314		2,874
Non-recurring fair value
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value	13,400		10,984
Non-recurring fair value | Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value	13,400		10,984
Non-recurring fair value | Level 3 | Collateral-dependent loans
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value	$ 13,400		4,503
Non-recurring fair value | Level 3 | Foreclosed assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value			$ 6,481
Discounted expected cash flows | Discount rate | Recurring fair value
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Measurement input	0.070		0.070
Servicing asset, measurement input	0.145		0.145
Discounted expected cash flows | Prepayment speed | Recurring fair value
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Measurement input	0.050		0.050
Minimum | Discounted expected cash flows | Discount rate | Recurring fair value | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.075		0.067
Minimum | Discounted expected cash flows | Loss rate | Recurring fair value | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0		0
Minimum | Discounted expected cash flows | Prepayment speed | Recurring fair value
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Servicing asset, measurement input	0.121		0.118
Minimum | Discounted expected cash flows | Prepayment speed | Recurring fair value | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.144		0.140
Minimum | Black-Scholes option pricing model | Discount rate | Recurring fair value | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.250		0.200
Minimum | Black-Scholes option pricing model | Volatility | Recurring fair value | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.131		0.269
Minimum | Black-Scholes option pricing model | Risk-free interest rate | Recurring fair value | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.036		0.038
Minimum | Black-Scholes option pricing model | Remaining life | Recurring fair value | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, remaining life (in years)	3 years 2 months 12 days		3 years 10 months 24 days
Minimum | Discounted appraisals | Discount rate | Non-recurring fair value | Collateral-dependent loans
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Collateral-dependent loans, measurement input	0		0.100
Minimum | Discounted appraisals | Discount rate | Non-recurring fair value | Foreclosed assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Foreclosed assets, measurement input			0.100
Maximum | Discounted expected cash flows | Discount rate | Recurring fair value | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.180		0.180
Maximum | Discounted expected cash flows | Loss rate | Recurring fair value | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.063		0.074
Maximum | Discounted expected cash flows | Prepayment speed | Recurring fair value
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Servicing asset, measurement input	0.182		0.178
Maximum | Discounted expected cash flows | Prepayment speed | Recurring fair value | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.303		0.303
Maximum | Black-Scholes option pricing model | Discount rate | Recurring fair value | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.050		0.250
Maximum | Black-Scholes option pricing model | Volatility | Recurring fair value | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.900		0.900
Maximum | Black-Scholes option pricing model | Risk-free interest rate | Recurring fair value | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.038		0.039
Maximum | Black-Scholes option pricing model | Remaining life | Recurring fair value | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, remaining life (in years)	12 years		10 years
Maximum | Discounted appraisals | Discount rate | Non-recurring fair value | Collateral-dependent loans
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Collateral-dependent loans, measurement input	0.929		0.700
Maximum | Discounted appraisals | Discount rate | Non-recurring fair value | Foreclosed assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Foreclosed assets, measurement input			0.174
Weighted Average | Discounted expected cash flows | Discount rate | Recurring fair value
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Servicing asset, measurement input	0.145		0.145
Weighted Average | Discounted expected cash flows | Discount rate | Recurring fair value | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.091		0.096
Weighted Average | Discounted expected cash flows | Loss rate | Recurring fair value | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.011		0.012
Weighted Average | Discounted expected cash flows | Prepayment speed | Recurring fair value
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Servicing asset, measurement input	0.157		0.153
Weighted Average | Discounted expected cash flows | Prepayment speed | Recurring fair value | Loans held for investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Loans held for investment, measurement input	0.163		0.160
Weighted Average | Black-Scholes option pricing model | Discount rate | Recurring fair value | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.103		0.227
Weighted Average | Black-Scholes option pricing model | Volatility | Recurring fair value | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.318		0.358
Weighted Average | Black-Scholes option pricing model | Risk-free interest rate | Recurring fair value | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, measurement input	0.036		0.039
Weighted Average | Black-Scholes option pricing model | Remaining life | Recurring fair value | Equity warrant assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Equity warrant assets, remaining life (in years)	4 years 7 months 6 days		7 years 7 months 6 days
Weighted Average | Discounted appraisals | Discount rate | Non-recurring fair value | Collateral-dependent loans
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Collateral-dependent loans, measurement input	0.487		0.387
Weighted Average | Discounted appraisals | Discount rate | Non-recurring fair value | Foreclosed assets
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Foreclosed assets, measurement input			0.104
Municipal bonds | Recurring fair value | Level 3
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Asset, fair value	$ 85		$ 85

Fair Value of Financial Inst_12

Fair Value of Financial Instruments - Carrying Amount and Estimated Fair Value of Financial Instruments (Detail) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Financial assets
Cash and due from banks	$ 666,585	$ 582,540
Certificates of deposit with other banks	250	250
Carrying Amount
Financial assets
Cash and due from banks	666,585	582,540
Certificates of deposit with other banks	250	250
Loans held for sale	359,977	387,037
Loans and leases held for investment, net of allowance for credit losses on loans and leases	9,319,783	8,119,971
Financial liabilities
Deposits	11,400,547	10,275,019
Borrowings	115,371	23,354
Estimate of Fair Value Measurement
Financial assets
Cash and due from banks	666,585	582,540
Certificates of deposit with other banks	250	250
Loans held for sale	382,752	402,096
Loans and leases held for investment, net of allowance for credit losses on loans and leases	9,781,850	8,600,046
Financial liabilities
Deposits	11,294,804	10,080,182
Borrowings	125,733	22,844
Level 1 | Estimate of Fair Value Measurement
Financial assets
Cash and due from banks	666,585	582,540
Certificates of deposit with other banks	250	250
Loans held for sale	0	0
Loans and leases held for investment, net of allowance for credit losses on loans and leases	0	0
Financial liabilities
Deposits	0	0
Borrowings	0	0
Level 2 | Estimate of Fair Value Measurement
Financial assets
Cash and due from banks	0	0
Certificates of deposit with other banks	0	0
Loans held for sale	0	0
Loans and leases held for investment, net of allowance for credit losses on loans and leases	0	0
Financial liabilities
Deposits	11,294,804	10,080,182
Borrowings	0	0
Level 3 | Estimate of Fair Value Measurement
Financial assets
Cash and due from banks	0	0
Certificates of deposit with other banks	0	0
Loans held for sale	382,752	402,096
Loans and leases held for investment, net of allowance for credit losses on loans and leases	9,781,850	8,600,046
Financial liabilities
Deposits	0	0
Borrowings	$ 125,733	$ 22,844

Commitments and Contingencies -

Commitments and Contingencies - Summary of Commitments (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Total unfunded off-balance-sheet credit risk	$ 3,435,991	$ 2,951,465
Commitments to extend credit
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Total unfunded off-balance-sheet credit risk	3,428,065	2,921,978
Standby letters of credit
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Total unfunded off-balance-sheet credit risk	7,926	20,487
Airplane purchase agreement commitments
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Total unfunded off-balance-sheet credit risk	$ 0	$ 9,000

Commitments and Contingencies_2

Commitments and Contingencies - Additional Information (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) relationship	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Concentration Risk [Line Items]
Commitment letters expiration period (in days)			90 days
Allowance for off balance sheet credit exposures	$ 12,400		$ 12,400		$ 4,800
Allowance for off balance sheet credit exposures expense (reversal)	1,900	$ (161)	7,500	$ 3,100
Commitments for on-balance-sheet investments	26,400		26,400		$ 29,000
Maximum retained credit exposure			20,000
Future minimum lease payments receivable under non-cancelable operating leases	42,478		$ 42,478
Thirty Four Relationships
Concentration Risk [Line Items]
Number of relationships that have retained unguaranteed exposure | relationship			44
Retained credit exposure			$ 1,710,000
Retained exposure, amount disbursed			1,120,000
No Relationships | Maximum
Concentration Risk [Line Items]
Future minimum lease payments receivable under non-cancelable operating leases	$ 20,000		$ 20,000

Commitments and Contingencies_3

Commitments and Contingencies - Geographic Concentrations (Details) - Financing Receivable - Geographic Concentration Risk	9 Months Ended
	Sep. 30, 2024
Concentration Risk [Line Items]
Concentration risk, percentage	100%
Southeast
Concentration Risk [Line Items]
Concentration risk, percentage	32.10%
West
Concentration Risk [Line Items]
Concentration risk, percentage	25.10%
Northeast
Concentration Risk [Line Items]
Concentration risk, percentage	17.30%
Midwest
Concentration Risk [Line Items]
Concentration risk, percentage	12.60%
Southwest
Concentration Risk [Line Items]
Concentration risk, percentage	12.40%
Non-U.S.
Concentration Risk [Line Items]
Concentration risk, percentage	0.50%

Segments - Narrative (Details)

Segments - Narrative (Details)	9 Months Ended
	Sep. 30, 2024 segment
Segment Reporting [Abstract]
Number of reportable segments	2

Segments - Schedule of Segment

Segments - Schedule of Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Segment Reporting Information [Line Items]
Interest income	$ 208,936	$ 180,611	$ 599,804	$ 501,739
Interest expense	111,936	91,201	321,373	246,010
Net interest income (loss)	97,000	89,410	278,431	255,729
Provision for credit losses	34,502	10,279	62,631	42,328
Noninterest income	32,932	37,891	93,188	81,626
Noninterest expense	77,589	74,262	232,982	229,681
Income tax expense (benefit)	4,816	2,967	8,432	7,611
Net income	13,025	39,793	67,574	57,735
Total assets	12,607,346	10,950,460	12,607,346	10,950,460	$ 11,271,423
Operating Segments | Banking
Segment Reporting Information [Line Items]
Interest income	208,897	180,416	599,534	501,271
Interest expense	110,176	90,914	317,532	245,094
Net interest income (loss)	98,721	89,502	282,002	256,177
Provision for credit losses	34,502	10,279	62,631	42,328
Noninterest income	31,196	35,730	88,536	74,215
Noninterest expense	73,383	69,480	219,517	215,879
Income tax expense (benefit)	5,824	3,084	12,285	7,785
Net income	16,208	42,389	76,105	64,400
Total assets	12,470,278	10,800,881	12,470,278	10,800,881
Operating Segments | Fintech
Segment Reporting Information [Line Items]
Interest income	3	(6)	30	14
Interest expense	0	0	0	0
Net interest income (loss)	3	(6)	30	14
Provision for credit losses	0	0	0	0
Noninterest income	(56)	1,652	1,569	5,689
Noninterest expense	1,469	3,069	6,540	8,032
Income tax expense (benefit)	(411)	(5)	(1,279)	177
Net income	(1,111)	(1,418)	(3,662)	(2,506)
Total assets	137,272	110,914	137,272	110,914
Other
Segment Reporting Information [Line Items]
Interest income	36	201	240	454
Interest expense	1,760	287	3,841	916
Net interest income (loss)	(1,724)	(86)	(3,601)	(462)
Provision for credit losses	0	0	0	0
Noninterest income	1,792	509	3,083	1,722
Noninterest expense	2,737	1,713	6,925	5,770
Income tax expense (benefit)	(597)	(112)	(2,574)	(351)
Net income	(2,072)	(1,178)	(4,869)	(4,159)
Total assets	$ (204)	$ 38,665	$ (204)	$ 38,665