| Fiscal period | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|
| Period End Date | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 |
|---|
| Loans, including fees | 1,496.36 | 327.55 | 260.69 | 257.30 | 333.93 | 329.27 | 281.07 | 297.00 | 241.56 | 180.76 |
| Dividends and other interest-earning assets | -- | -- | -- | -- | -- | -- | -- | -- | 4.52 | 2.22 |
| Securities | 175.00 | 38.53 | 27.59 | 29.04 | 48.13 | 83.57 | 99.74 | 79.53 | 20.26 | 5.16 |
| Deposits in financial institutions | 299.65 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Other interest-earning assets | -- | 6.70 | 3.38 | 4.27 | 9.04 | 9.96 | 8.38 | 8.45 | -- | -- |
| Total Interest Income | 1,971.00 | 372.77 | 291.66 | 290.61 | 391.11 | 422.80 | 389.19 | 384.97 | 266.34 | 188.14 |
| Certificates of deposit | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Deposits | 748.42 | 27.83 | 12.31 | 37.82 | 101.10 | 91.24 | 60.41 | 40.22 | 25.78 | 24.41 |
| Savings | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Money market | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| NOW | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Checking | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Notes Payable | -- | 15.42 | 13.55 | 10.15 | 9.50 | 9.46 | 10.76 | 12.74 | 14.72 | 7.92 |
| Federal Home Loan Bank Advances | -- | 15.15 | 12.02 | 18.04 | 32.29 | 35.00 | 12.95 | 5.72 | 2.12 | 0.53 |
| Subordinated Debt | 58.71 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Borrowings | 416.74 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Capital leases | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Securities sold under repurchase agreements | -- | -- | 0.00 | 0.00 | 0.06 | 1.03 | 0.88 | 0.82 | -- | -- |
| Total interest expense | 1,223.87 | 58.41 | 37.88 | 66.01 | 142.95 | 136.72 | 85.00 | 59.50 | 42.62 | 32.86 |
| Net Interest Income | 747.13 | 314.37 | 253.78 | 224.59 | 248.16 | 286.08 | 304.19 | 325.47 | 223.72 | 155.28 |
| Provision for loan losses | 52.00 | (31.54) | 6.85 | 29.72 | 36.39 | 30.22 | 13.70 | 5.27 | 7.47 | 10.98 |
| Net interest income after provision for loan losses | 695.13 | 345.91 | 246.92 | 194.88 | 211.78 | 255.86 | 290.49 | 320.20 | 216.25 | 144.30 |
| Loan servicing fees | -- | 1.52 | 0.60 | 0.51 | 0.68 | 3.72 | 1.03 | 5.39 | 2.97 | 4.20 |
| Other commissions and fees | 38.09 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Advisory service fees | -- | -- | -- | -- | -- | -- | -- | 1.51 | 9.87 | 12.90 |
| Customer service fees | 16.47 | 9.54 | 7.69 | 5.77 | 5.98 | 6.32 | 6.49 | 5.15 | 4.06 | 1.49 |
| Net gain on sales of securities available-for-sale | (442.41) | (7.69) | -- | 2.01 | (4.85) | 5.53 | 14.77 | 29.41 | 3.26 | 1.18 |
| Impairment loss on investment securities | -- | -- | -- | -- | (0.73) | (3.25) | -- | -- | -- | -- |
| Net gain/(loss) on sales of loans | (161.35) | -- | 0.28 | 0.25 | 7.87 | 1.93 | 11.94 | 35.90 | 37.21 | 19.83 |
| Dividends and gains (losses) on equity investments | 15.73 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Mortgage loan prepayment penalties | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net gain on mortgage banking activities | -- | -- | -- | -- | -- | (2.26) | -- | 167.02 | 144.69 | 95.43 |
| Other non-interest (loss) income | -- | -- | -- | -- | -- | -- | -- | -- | 3.87 | 1.25 |
| Income from bank owned life insurance | -- | 3.40 | 2.87 | 2.49 | 2.29 | 2.18 | 2.34 | 2.34 | 1.08 | 0.22 |
| Other income | 31.20 | 10.58 | 7.30 | 9.00 | 0.87 | 9.75 | 7.04 | 14.33 | -- | -- |
| Gain on sale of branches | -- | -- | -- | -- | -- | -- | -- | -- | 0.16 | 0.46 |
| Gain on sale of subsidiary | -- | -- | -- | -- | -- | -- | -- | 3.69 | -- | -- |
| Gain on sale of building | -- | -- | -- | -- | -- | -- | -- | -- | 9.92 | -- |
| Bargain purchase gain | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Leased equipment income | 63.17 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Loan brokerage income | -- | -- | -- | -- | -- | -- | 1.06 | 4.52 | 3.14 | 8.67 |
| Gain on sale of business unit | -- | -- | -- | -- | -- | -- | -- | 2.63 | -- | -- |
| Fair value adjustment on loans held for sale | -- | -- | 0.21 | (1.50) | -- | -- | -- | -- | -- | -- |
| LOCOM HFS adjustment | (8.46) | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Warrant (loss) income | (0.72) | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Interest Income | (448.29) | 17.35 | 18.93 | 18.52 | 12.12 | 23.92 | 44.67 | 271.88 | 220.22 | 145.64 |
| Salaries and employee benefits | 332.35 | 113.06 | 103.36 | 96.81 | 105.92 | 109.97 | 129.15 | 257.92 | 213.11 | 162.88 |
| Other general and administrative | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Advertising | -- | -- | 0.49 | 3.30 | 8.42 | 12.66 | 5.31 | 10.74 | 6.16 | 5.02 |
| Occupancy and equipment | 61.67 | 32.81 | 29.45 | 29.35 | 31.31 | 31.85 | 40.09 | 49.02 | 41.41 | 33.44 |
| Insurance and assessments | 135.67 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| FDIC expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Leased equipment depreciation | 34.24 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Goodwill impairment | 1,376.74 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Amortization of intangible assets | 11.42 | 1.71 | 1.28 | 1.52 | 2.20 | 3.01 | 3.93 | 4.85 | 5.84 | 4.08 |
| Loss on sale of other real estate owned | -- | -- | -- | -- | -- | -- | -- | -- | (0.02) | (0.07) |
| Restructuring expense | -- | -- | 0.00 | 0.00 | 4.26 | 4.43 | 5.33 | -- | -- | -- |
| Merger-related costs | -- | 2.08 | 15.87 | -- | -- | -- | -- | -- | -- | -- |
| Acquisition, integration and transaction costs | 142.63 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Valuation allowance for other real estate owned | -- | -- | -- | -- | -- | -- | -- | -- | 0.04 | 0.03 |
| Impairment on intangible assets | -- | -- | -- | -- | 0.00 | 0.00 | 0.34 | 0.69 | 0.26 | 0.05 |
| Professional fees | 24.62 | 15.00 | 10.58 | 15.74 | 12.21 | 33.65 | 42.42 | 31.29 | 20.19 | 19.25 |
| Other expense | 150.03 | 17.73 | 13.10 | 17.30 | 14.74 | 15.36 | 30.89 | 27.94 | 28.07 | 25.51 |
| Data processing | 44.25 | 7.05 | 6.86 | 6.57 | 6.42 | 6.95 | 7.89 | 10.83 | 8.18 | 5.23 |
| Outside service fees | -- | -- | -- | -- | 1.70 | 4.67 | 5.84 | 13.05 | -- | -- |
| Regulatory assessments | -- | 3.63 | 3.40 | 2.74 | 7.71 | 7.68 | 8.11 | 8.19 | 5.64 | 4.18 |
| Stationery paper, supplies, and postage | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| ATM costs | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating loss on equity investment | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.69 |
| Impairment loss on equity investment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Loan servicing & foreclosure | 20.46 | -- | -- | -- | -- | -- | -- | -- | 1.01 | 1.07 |
| Provision for loss reimbursements on sold loans | -- | -- | -- | -- | -- | (2.49) | (1.81) | (3.35) | 2.33 | 2.81 |
| Loss on investments in alternative energy partnerships, net | -- | 2.31 | (0.20) | (0.37) | 1.69 | 5.04 | 30.79 | 31.51 | -- | -- |
| Reversal of provision for loan repurchases | -- | (1.00) | (0.95) | (0.70) | (0.66) | -- | -- | -- | -- | -- |
| Customer related expense | 124.10 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Naming rights termination | -- | -- | -- | 26.77 | -- | -- | -- | -- | -- | -- |
| Total Non-Interest expense | 2,458.18 | 194.37 | 183.23 | 199.03 | 195.91 | 232.79 | 308.27 | 442.68 | 332.20 | 264.16 |
| Income/(loss) before income taxes | (2,211.34) | 168.88 | 82.62 | 14.36 | 27.98 | 46.99 | 26.89 | 149.41 | 104.27 | -- |
| Current Tax Provision:Federal | -- | 13.29 | 7.97 | -- | -- | 5.72 | (2.22) | 12.25 | 27.56 | 10.34 |
| Current Tax Provision:State | -- | 15.58 | 6.47 | -- | -- | 5.04 | 6.01 | 16.13 | 7.36 | 2.35 |
| Deferred tax (benefit) expense:Federal | -- | 17.99 | 4.95 | -- | -- | (4.42) | (25.94) | 6.70 | 4.75 | (0.31) |
| Deferred tax (benefit) expense:State | -- | 1.09 | 0.89 | -- | -- | (1.49) | (4.43) | (1.09) | 2.53 | 0.76 |
| Change in tax status:State | -- | -- | -- | -- | -- | -- | -- | -- | -- | (17.68) |
| Income tax expense/(benefit) | (312.20) | 47.95 | 20.28 | 1.79 | 4.22 | 4.84 | (26.58) | 33.99 | 42.19 | (4.54) |
| Income from Continuing Operations | -- | -- | -- | 12.57 | 23.76 | 42.15 | 53.47 | -- | -- | -- |
| Income tax expense | -- | -- | -- | 0.00 | 0.00 | (1.27) | (2.93) | -- | -- | -- |
| Income from discontinued operations before income taxes, excluding gain on disposal | -- | -- | -- | -- | -- | 4.60 | 7.16 | -- | -- | -- |
| Consolidated Net Income (Loss) | (1,899.14) | 120.94 | 62.35 | 12.57 | 23.76 | 45.47 | 57.71 | 115.42 | 62.07 | 30.32 |
| Dividends and Discount Accretion on Preferred Stock | 39.79 | 1.42 | 8.32 | 13.87 | 15.56 | 19.50 | 20.45 | 19.91 | 9.82 | 3.64 |
| Less net income of Bank prior to conversion | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Less: Income allocated to participating securities | -- | -- | 0.11 | -- | 0.00 | -- | -- | -- | -- | -- |
| Less: participating securities dividends | -- | -- | -- | 0.38 | 0.48 | -- | -- | -- | -- | -- |
| Impact of preferred stock redemption | -- | 3.75 | 3.35 | (0.57) | 5.09 | 2.31 | -- | -- | -- | -- |
| Net income (loss) available to common shareholders | (1,938.93) | 115.77 | 50.56 | (1.10) | 2.62 | 23.66 | 37.26 | 95.50 | 52.25 | 26.68 |
| Basic earnings per-Income from continuing operations | -- | -- | -- | (0.02) | 0.05 | 0.38 | 0.64 | -- | -- | -- |
| Basic earnings perIncome from discontinued operations | -- | -- | -- | -- | -- | 0.07 | 0.08 | -- | -- | -- |
| Net Earnings Per Share (Basic) | (22.71) | 1.90 | 0.95 | (0.02) | 0.05 | 0.45 | 0.72 | 1.97 | 1.36 | 0.91 |
| Basic earnings (loss) per class B common share | -- | 1.90 | 0.95 | (0.02) | 0.05 | 0.45 | 0.72 | 1.97 | 1.36 | 0.91 |
| Diluted earnings -Income from continuing operations | -- | -- | -- | (0.02) | 0.05 | 0.38 | 0.63 | -- | -- | -- |
| Diluted earnings -Income from discontinued operations | -- | -- | -- | -- | -- | 0.07 | 0.08 | -- | -- | -- |
| Net Earnings Per Share (Diluted) | (22.71) | 1.89 | 0.95 | (0.02) | 0.05 | 0.45 | 0.71 | 1.94 | 1.34 | 0.91 |
| Diluted earnings (loss) per class B common share | -- | 1.90 | 0.95 | (0.02) | 0.05 | 0.45 | 0.72 | 1.97 | 1.36 | 0.91 |
| Weighted Average Shares Outstanding (Basic) | 85.39 | 60.80 | 52.57 | 49.70 | 50.13 | 50.62 | 50.25 | 46.83 | 37.05 | 28.04 |
| Weighted Average Shares Outstanding (Diluted) | 85.39 | 61.18 | 52.83 | 49.70 | 50.35 | 50.85 | 50.82 | 47.64 | 37.60 | 28.25 |