| Balance Sheets | 2026-06-30 | |||
|---|---|---|---|---|
| Cash, due from banks and restricted cash | 26,524 | |||
| Interest-bearing deposits with banks | 808,192 | |||
| Total cash, cash equivalents and restricted cash | 834,716 | |||
| Investment securities available-for-sale, at fair value | 1,210,665 | |||
| Gross unrealized gains-Municipal Bonds | 2,591 | |||
| Gross unrealized losses-Municipal Bonds | 0 | |||
| Fair value-Municipal Bonds | 33,591 | |||
| Gross unrealized gains-Financial Instrument Other | 458 | |||
| Gross unrealized losses-Financial Instrument Other | 2,962 | |||
| Fair value-Financial Instrument Other | 15,240 | |||
| Amortized cost | 48,744 | |||
| Allowance for credit losses | 110 | |||
| Investment securities held-to-maturity, at amortized cost | 48,634 | |||
| Loans held-for-sale | 465,474 | |||
| Loans held for investment, at fair value | 3,481 | |||
| Individually evaluated for credit loss | 149,509 | |||
| Collectively evaluated for credit loss | 5,446,363 | |||
| Loans and held for investment, at amortized cost | 5,595,872 | |||
| Individually evaluated for credit loss | 2,361 | |||
| Collectively evaluated for credit loss | 52,260 | |||
| Allowance for credit losses - loan | 54,621 | |||
| Total loans held for investment at amortized cost | 5,541,251 | |||
| Other earning assets, net | 50,479 | |||
| Deferred tax asset, net | 145,269 | |||
| Accrued interest receivable | 46,445 | |||
| Premises and equipment, net | 47,877 | |||
| Net carrying amount | 15,331 | |||
| Indefinite life intangible asset | 2,114 | |||
| Total intangible assets | 17,445 | |||
| Goodwill | 18,519 | |||
| Goodwill and other intangible assets, net | 35,964 | |||
| Other assets | 75,249 | |||
| Total assets | 8,505,504 | |||
| Non-interest-bearing deposits | 435,065 | |||
| Interest-bearing deposits | 6,830,770 | |||
| Total deposits | 7,265,835 | |||
| Subordinated debt, net | 151,181 | |||
| Other liabilities | 121,325 | |||
| Total liabilities | 7,538,341 | |||
| Preferred stock | 0 | |||
| Common stock-Common Class A | 29 | |||
| Common stock-Common Class B | 21 | |||
| Additional paid-in capital | 628,499 | |||
| Retained earnings | 344,582 | |||
| Accumulated other comprehensive (loss)/income | -5,968 | |||
| Total stockholders equity | 967,163 | |||
| Total liabilities and stockholders equity | 8,505,504 | |||
Forbright, Inc. (FRBT)
Forbright, Inc. (FRBT)