Quarterly report [Sections 13 or 15(d)]

STOCK-BASED COMPENSATION

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STOCK-BASED COMPENSATION
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION
NOTE 13—STOCK-BASED COMPENSATION
The Company’s stock-based compensation arrangements include grants of RSUs under the 2020 Omnibus Incentive Plan (the “2020 Plan”). Compensation costs recognized for these restricted stock grants were approximately $1.6 million and $2.1 million for the three months ended March 31, 2025 and 2024, respectively, and are included in salaries, incentive compensation and benefits. As of March 31, 2025, there was approximately $6.8 million of unrecognized compensation costs related to these unvested RSUs which is expected to be recognized over a weighted average period of 1.3 years.