The company identified a calculation error in its Q1 2026 financial results released on April 22, 2026. The error involved the incorrect treatment of a preferred stock issuance from March 2026 in the calculation of book value per share and tangible book value per share. Book value per common share was revised downward from $39.48 to $37.79. Tangible book value per common share was revised downward from $37.02 to $35.33. Tangible equity to tangible assets ratio was revised from 8.56% to 8.17%. Net income, operating results, cash flows, and regulatory capital ratios remain unaffected.