Read from the filing itself — XBRL does not carry these, so no standard financial dataset has them.
Consumer finance automobile payment deferral rate
1.4%
The consumer finance segment at times offers payment deferrals to borrowers as a portfolio management technique to achieve higher ultimate cash collections on select loan accounts. Average amounts of payment deferrals of automobile loans on a monthly basis, which are not included in delinquent loans, were 1.40 percent and 1.37 percent of average automobile loans outstanding during the second quarter and first six months of 2026, respectively, compared to 1.73 percent and 1.74 percent during the same periods of 2025, and 1.34 percent during the first quarter of 2026.
Consumer finance delinquent loan rate
3.6%
At June 30, 2026, total delinquent loans as a percentage of total loans was 3.56 percent compared to 4.38 percent at December 31, 2025 and 3.81 percent at June 30, 2025.
Consumer finance net charge-off rate
2.2%
The consumer finance segment experienced net charge-offs at an annualized rate of 2.21 percent and 2.60 percent of average total loans for the second quarter and first six months of 2026, respectively, compared to 2.19 percent and 2.42 percent for the same periods of 2025 and 2.98 percent for the first quarter of 2026;
Repossessed vehicles available for sale
$782
Repossessed vehicles of the consumer finance segment are classified as other assets and consist only of vehicles the Corporation has the legal right to sell. Prior to the reclassification from loans to repossessed vehicles, the difference between the carrying amount of each loan and the fair value of each vehicle (i.e. the deficiency) is charged against the allowance for credit losses. At June 30, 2026, repossessed vehicles available for sale totaled $782,000 compared to $937,000 at December 31, 2025.
Average borrowings
$103.5
Average borrowings decreased $19.6 million to $103.5 million for the second quarter of 2026 and decreased $14.6 million to $107.9 million for the first six months of 2026 compared to the same periods in 2025 due primarily to the wind-down of the repurchase agreement program and decreases in FHLB advances, partially offset by higher average balances of subordinated notes. The average cost of borrowings increased 139 basis points to 5.77 percent for the second quarter of 2026 and increased 154 basis points to 5.72 percent for the first six months of 2026 compared to the same periods in 2025 due primarily to higher rates paid on subordinated notes and a shift in the mix of borrowings.
Average cost of borrowings
5.8%
Average borrowings decreased $19.6 million to $103.5 million for the second quarter of 2026 and decreased $14.6 million to $107.9 million for the first six months of 2026 compared to the same periods in 2025 due primarily to the wind-down of the repurchase agreement program and decreases in FHLB advances, partially offset by higher average balances of subordinated notes. The average cost of borrowings increased 139 basis points to 5.77 percent for the second quarter of 2026 and increased 154 basis points to 5.72 percent for the first six months of 2026 compared to the same periods in 2025 due primarily to higher rates paid on subordinated notes and a shift in the mix of borrowings.
Average cost of interest-bearing deposits
2.2%
Average savings and money market and interest-bearing demand deposits combined increased $59.8 million to $895.1 million for the second quarter of 2026 and increased $69.9 million to $898.4 million for the first six months of 2026 compared to the same periods in 2025. Average noninterest-bearing demand deposits decreased $610,000 to $567.8 million for the second quarter of 2026 and increased $6.4 million to $563.3 million for the first six months of 2026 compared to the same periods in 2025. Average time deposits increased $90.3 million to $920.7 million for the second quarter of 2026 and increased $88.6 million to $914.8 million for the first six months of 2026 compared to the same periods in 2025. The average cost of interest-bearing deposits decreased 14 basis points to 2.16 percent for the second quarter of 2026 and decreased 17 basis points to 2.18 percent for the first six months of 2026 compared to the same periods in 2025 due primarily to decreases in interest rates paid on time deposits.
Average interest-bearing transaction deposits
$895.1
Average savings and money market and interest-bearing demand deposits combined increased $59.8 million to $895.1 million for the second quarter of 2026 and increased $69.9 million to $898.4 million for the first six months of 2026 compared to the same periods in 2025. Average noninterest-bearing demand deposits decreased $610,000 to $567.8 million for the second quarter of 2026 and increased $6.4 million to $563.3 million for the first six months of 2026 compared to the same periods in 2025. Average time deposits increased $90.3 million to $920.7 million for the second quarter of 2026 and increased $88.6 million to $914.8 million for the first six months of 2026 compared to the same periods in 2025. The average cost of interest-bearing deposits decreased 14 basis points to 2.16 percent for the second quarter of 2026 and decreased 17 basis points to 2.18 percent for the first six months of 2026 compared to the same periods in 2025 due primarily to decreases in interest rates paid on time deposits.
Average noninterest-bearing demand deposits
$567.8
Average savings and money market and interest-bearing demand deposits combined increased $59.8 million to $895.1 million for the second quarter of 2026 and increased $69.9 million to $898.4 million for the first six months of 2026 compared to the same periods in 2025. Average noninterest-bearing demand deposits decreased $610,000 to $567.8 million for the second quarter of 2026 and increased $6.4 million to $563.3 million for the first six months of 2026 compared to the same periods in 2025. Average time deposits increased $90.3 million to $920.7 million for the second quarter of 2026 and increased $88.6 million to $914.8 million for the first six months of 2026 compared to the same periods in 2025. The average cost of interest-bearing deposits decreased 14 basis points to 2.16 percent for the second quarter of 2026 and decreased 17 basis points to 2.18 percent for the first six months of 2026 compared to the same periods in 2025 due primarily to decreases in interest rates paid on time deposits.
Average time deposits
$920.7
Average savings and money market and interest-bearing demand deposits combined increased $59.8 million to $895.1 million for the second quarter of 2026 and increased $69.9 million to $898.4 million for the first six months of 2026 compared to the same periods in 2025. Average noninterest-bearing demand deposits decreased $610,000 to $567.8 million for the second quarter of 2026 and increased $6.4 million to $563.3 million for the first six months of 2026 compared to the same periods in 2025. Average time deposits increased $90.3 million to $920.7 million for the second quarter of 2026 and increased $88.6 million to $914.8 million for the first six months of 2026 compared to the same periods in 2025. The average cost of interest-bearing deposits decreased 14 basis points to 2.16 percent for the second quarter of 2026 and decreased 17 basis points to 2.18 percent for the first six months of 2026 compared to the same periods in 2025 due primarily to decreases in interest rates paid on time deposits.
Brokered time deposits
$18
The Corporation had $18.0 million and $25.0 million in brokered time deposits outstanding at June 30, 2026 and December 31, 2025, respectively. The Corporation may continue to use brokered deposits on a limited basis as a means of maintaining and diversifying liquidity and funding sources.
Uninsured deposits
$726.4
As of June 30, 2026, the Corporation’s uninsured deposits were approximately $726.4 million, or 30.7 percent of total deposits. Excluding intercompany cash holdings and municipal deposits which are secured with pledged securities, amounts uninsured were approximately $560.9 million, or 23.7 percent of total deposits as of June 30, 2026, compared to $527.8 million, or 22.5 percent of total deposits as of December 31, 2025. The Corporation’s liquid assets and borrowing availability as of June 30, 2026 totaled $1.07 billion, exceeding uninsured deposits, excluding intercompany cash holdings and secured municipal deposits, by $510.8 million.
Uninsured deposits as a percentage of total deposits
30.7%
As of June 30, 2026, the Corporation’s uninsured deposits were approximately $726.4 million, or 30.7 percent of total deposits. Excluding intercompany cash holdings and municipal deposits which are secured with pledged securities, amounts uninsured were approximately $560.9 million, or 23.7 percent of total deposits as of June 30, 2026, compared to $527.8 million, or 22.5 percent of total deposits as of December 31, 2025. The Corporation’s liquid assets and borrowing availability as of June 30, 2026 totaled $1.07 billion, exceeding uninsured deposits, excluding intercompany cash holdings and secured municipal deposits, by $510.8 million.
Average loan yield
6.7%
Average loan yields decreased 6 basis points to 6.68 percent for the second quarter of 2026 and decreased 5 basis points to 6.69 percent for the first six months of 2026 compared to the same periods in 2025 due primarily to a mix shift in the portfolio with growth in loans at the community banking segment, which has lower yields than loans at the consumer finance segment.
Average loans
$2.14
Average loans, which includes both loans held for investment and loans held for sale, increased $135.4 million to $2.14 billion for the second quarter of 2026 and increased $143.7 million to $2.13 billion for the first six months of 2026 compared to the same periods in 2025.
Bank loan commitments
$463.28
The amount of loan commitments at the Bank was $463.28 million at June 30, 2026 and $443.28 million at December 31, 2025, which does not include IRLCs at the mortgage banking segment, which are discussed in Note 13.
Standby letters of credit contract amount
$17.3
The total contract amount of standby letters of credit, whose contract amounts represent credit risk, was $17.30 million at June 30, 2026 and $22.21 million at December 31, 2025.
Mortgage interest-rate lock commitments
$74.42
At June 30, 2026, the mortgage banking segment had $74.42 million of IRLCs and $44.07 million of unpaid principal on mortgage loans held for sale for which it managed interest rate risk using best-efforts forward sales contracts for $118.49 million in mortgage loans.
Lock-adjusted mortgage originations
$218,706
TABLE 8: Mortgage Loan Originations
Three Months Ended June 30,
Six Months Ended June 30,
(Dollars in thousands)
2026
2025
2026
2025
Mortgage loan originations:
Purchases
$
209,255
$
197,222
$
351,781
$
298,862
Refinancings
24,479
16,301
61,555
28,411
Total mortgage loan originations1
$
233,734
$
213,523
$
413,336
$
327,273
Lock-adjusted originations2
$
218,706
$
199,980
$
441,772
$
342,320
Total mortgage loan originations does not include mortgage lender services.
Lock-adjusted originations includes the effect of changes in the volume of mortgage loan applications in process that have not closed, net of an estimated volume not expected to close.
Purchase mortgage loan originations
$209,255
TABLE 8: Mortgage Loan Originations
Three Months Ended June 30,
Six Months Ended June 30,
(Dollars in thousands)
2026
2025
2026
2025
Mortgage loan originations:
Purchases
$
209,255
$
197,222
$
351,781
$
298,862
Refinancings
24,479
16,301
61,555
28,411
Total mortgage loan originations1
$
233,734
$
213,523
$
413,336
$
327,273
Lock-adjusted originations2
$
218,706
$
199,980
$
441,772
$
342,320
Total mortgage loan originations does not include mortgage lender services.
Lock-adjusted originations includes the effect of changes in the volume of mortgage loan applications in process that have not closed, net of an estimated volume not expected to close.
Refinancing mortgage loan originations
$24,479
TABLE 8: Mortgage Loan Originations
Three Months Ended June 30,
Six Months Ended June 30,
(Dollars in thousands)
2026
2025
2026
2025
Mortgage loan originations:
Purchases
$
209,255
$
197,222
$
351,781
$
298,862
Refinancings
24,479
16,301
61,555
28,411
Total mortgage loan originations1
$
233,734
$
213,523
$
413,336
$
327,273
Lock-adjusted originations2
$
218,706
$
199,980
$
441,772
$
342,320
Total mortgage loan originations does not include mortgage lender services.
Lock-adjusted originations includes the effect of changes in the volume of mortgage loan applications in process that have not closed, net of an estimated volume not expected to close.
Total mortgage loan originations
$233,734
TABLE 8: Mortgage Loan Originations
Three Months Ended June 30,
Six Months Ended June 30,
(Dollars in thousands)
2026
2025
2026
2025
Mortgage loan originations:
Purchases
$
209,255
$
197,222
$
351,781
$
298,862
Refinancings
24,479
16,301
61,555
28,411
Total mortgage loan originations1
$
233,734
$
213,523
$
413,336
$
327,273
Lock-adjusted originations2
$
218,706
$
199,980
$
441,772
$
342,320
Total mortgage loan originations does not include mortgage lender services.
Lock-adjusted originations includes the effect of changes in the volume of mortgage loan applications in process that have not closed, net of an estimated volume not expected to close.
Net interest margin
4.4%
Net interest income, on a taxable-equivalent basis, for the second quarter and first six months of 2026 increased to $29.4 million and $57.5 million, respectively, compared to $26.8 million and $52.1 million for the same periods in 2025 due primarily to higher average balances of interest-earning assets and higher net interest margin. Annualized net interest margin increased 14 basis points to 4.41 percent for the second quarter of 2026 compared to the same period of 2025 and increased 13 basis points to 4.34 percent for the first six months of 2026 compared to the same period of 2025 due primarily to higher average interest rates on securities and lower average interest rates on deposits, partially offset by higher average cost of borrowings.
Return on average assets
1.2%
TABLE 1: Financial Performance Highlights
(Dollars in thousands, except for per share data)
Three Months Ended June 30,
Six Months Ended June 30,
2026
2025
2026
2025
Annualized ROA
1.23
%
1.18
%
1.10
%
1.01
%
Annualized ROE
12.75
%
13.06
%
11.48
%
11.23
%
Annualized return on average tangible common equity (ROTCE)1
14.08
%
14.70
%
12.69
%
12.72
%
Refer to “Use of Certain Non-GAAP Financial Measures,” below, for information about these non-GAAP financial measures, including a quantitative reconciliation to the most directly comparable financial measures calculated in accordance with GAAP.
Return on average equity
12.8%
TABLE 1: Financial Performance Highlights
(Dollars in thousands, except for per share data)
Three Months Ended June 30,
Six Months Ended June 30,
2026
2025
2026
2025
Annualized ROA
1.23
%
1.18
%
1.10
%
1.01
%
Annualized ROE
12.75
%
13.06
%
11.48
%
11.23
%
Annualized return on average tangible common equity (ROTCE)1
14.08
%
14.70
%
12.69
%
12.72
%
Refer to “Use of Certain Non-GAAP Financial Measures,” below, for information about these non-GAAP financial measures, including a quantitative reconciliation to the most directly comparable financial measures calculated in accordance with GAAP.
Return on average tangible common equity
14.1%
TABLE 1: Financial Performance Highlights
(Dollars in thousands, except for per share data)
Three Months Ended June 30,
Six Months Ended June 30,
2026
2025
2026
2025
Annualized ROA
1.23
%
1.18
%
1.10
%
1.01
%
Annualized ROE
12.75
%
13.06
%
11.48
%
11.23
%
Annualized return on average tangible common equity (ROTCE)1
14.08
%
14.70
%
12.69
%
12.72
%
Refer to “Use of Certain Non-GAAP Financial Measures,” below, for information about these non-GAAP financial measures, including a quantitative reconciliation to the most directly comparable financial measures calculated in accordance with GAAP.