Forbright Inc-A 2026年季度报告

FORM 10-Q_________________________ (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Forbright, Inc. (Exact name of registrant as specified in its charter)_________________________ 26-3126112 (State or other jurisdiction ofincorporation or organization) (I.R.S. EmployerIdentification No.) 4445 Willard Avenue, Suite 1000Chevy Chase, Maryland(Address of Principal Executive Offices) 20815(Zip Code) (301) 299-8810Registrant’s telephone number, including area code Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) hasbeen subject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files). YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and "emerging growth company" in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). YesNo As of August10, 2026, there were 30,016,203 shares of the registrant’s Class A common stock outstanding, including 1,415,987 shares ofunvested restricted stock awards, and there were 20,748,177 shares of the registrant’s Class B common stock outstanding. TABLE OF CONTENTS PagePART I - FINANCIAL INFORMATION1Item 1. Financial Statements (Unaudited)1Consolidated Balance Sheets1Consolidated Statements of Income2Consolidated Statements of Comprehensive Income4Consolidated Statements of Changes in Stockholders’ Equity5Consolidated Statements of Cash Flows7Notes to Consolidated Financial Statements9Note1– Significant Accounting Policies and Basis of Presentation9Note2– Cash, Cash Equivalents and Restricted Cash12Note3– Investment Securities13Note4– Loans18Note5– Credit Quality Assessment19Note6– Other Earning Assets26Note7– Premises and Equipment27Note8– Goodwill and Other Intangible Assets28Note9– Leases29Note10– Deposits31Note11– Borrowed Funds32Note12– Stockholders' Equity32Note13– Accumulated Other Comprehensive (Loss)/Income33Note14– Financial Instruments with Off-Balance Sheet Risk, Commitments and Contingencies34Note15– Stock-based Compensation34Note16– Employee Benefit Plans37Note17– Other Non-interest Income and Non-interest Expense38Note18– Earnings Per Common Share38Note19– Related Party Transactions40Note20– Regulatory Matters40Note21– Fair Value of Financial Instruments42Item 2. Management’s Discussion and Analysis of Results of Operations and Financial Condition49Item 3. Quantitative and Qualitative Disclosures About Market Risk91Item 4. Controls and Procedures91 PART II - OTHER INFORMATION Item 1. Legal Proceedings92Item 1A. Risk Factors92Item 2. Unregistered Sales of Equity Securities and Use of Proceeds129Item 3. Defaults Upon Senior Securities129Item 4. Mine Safety Disclosures129Item 5. Other Information130Item 6. Exhibits131 Signatures132 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q (this “Report”) contains forward-looking statements within the meaning of the Private SecuritiesLitigation Reform Act of 1995. These forward-looking statements include discussion of plans, estimates, objectives, goals, guidelines,expectations, intentions, projections and statements of our beliefs concerning future events, business plans, objectives, expected operatingresults and the assumptions upon which those statements are based. Forward-looking statements include, without limitation, any statementthat may predict, forecast, indicate or imply future results, performance or achievements, and are typically identified with words such as“see,” “may,” “could,” “should,” “will,” “would,” “believe,” “anticipate,” “estimate,” “expect,” “aim,” “intend,” “plan” or words orphrases of similar meaning. We caution that the forward-looking statements are based largely on our expectations and are subjec