The increase was primarily due to an increase in headcount. Six Months Over Six Months: Compensation and benefits expense increased $13.4 million, or 11%, for the first half of 2026 compared to the same period in 2025.

filing / Jul 30, 2026 / receipt

The increase in compensation and benefits expense was primarily due to an increase in headcount. 78 HAPPEN, INC. Management’s Discussion and Analysis of Financial Condition and Results of Operations (Tabular Amounts in Thousands, Except Share and Per Share Data and Ratios, or as Noted) Marketing As a result of our fair value option election, marketing expenses associated with newly originated HFI loans ar

filing / Jul 30, 2026 / receipt

Uses of cash at the holding company include the routine cash flow requirements as a bank holding company, such as interest and expenses (including those associated with our office leases), share repurchases, the needs of Happen Bank for additional equity and, as required, its need for debt financing and support for extraordinary funding requirements when necessary.

filing / Jul 30, 2026 / receipt

The Company has various operating leases for office space in the Salt Lake City, Utah area, Boston, Massachusetts, and New York, New York, with remaining lease terms ranging from approximately two to three years as of June 30, 2026.

filing / Jul 30, 2026 / receipt

The increase was primarily due to an increase in headcount and variable compensation expense. Marketing As a result of our fair value option election, marketing expenses associated with newly originated HFI loans are now recognized in current period earnings at the time of origination, rather than being deferred and recognized over time under amortized cost accounting.

filing / Apr 30, 2026 / receipt

Uses of cash at the holding company include the routine cash flow requirements as a bank holding company, such as interest and expenses (including those associated with our office leases), share repurchases, the needs of LC Bank for additional equity and, as required, its need for debt financing and support for extraordinary funding requirements when necessary.

filing / Apr 30, 2026 / receipt

The Company has various operating leases for office space in the Salt Lake City, Utah area, Boston, Massachusetts, and New York, New York, with remaining lease terms ranging from approximately two to three years as of March 31, 2026.

filing / Apr 30, 2026 / receipt

Deposit Ops Associate | {"ats": "workday", "city": null, "state": null, "job_id": "/job/Lehi-UT/Deposit-Ops-Associate_R0007492", "remote": false, "category": "other", "function": "retail", "location":

company_statement / Sep 15, 2026 / receipt

WFM Analyst | {"ats": "workday", "city": "Lehi", "state": "UT", "job_id": "/job/Lehi-UT/WFM-Analyst_R0007486", "remote": false, "category": "other", "function": "other", "location": "Lehi, UT", "job_t

company_statement / Sep 15, 2026 / receipt

Independent Compliance Risk Manager- Marketing | {"ats": "workday", "city": null, "state": null, "job_id": "/job/San-Francisco-CA/Independent-Compliance-Risk-Manager--Marketing_R0007481", "remote": fa

company_statement / Sep 15, 2026 / receipt

Sr Compliance Advisory Manager - Lending | {"ats": "workday", "city": null, "state": null, "job_id": "/job/San-Francisco-CA/Sr-Compliance-Advisory-Manager---Lending_R0007482-1", "remote": false, "cate

company_statement / Sep 15, 2026 / receipt

Director, ECO Technology & Data | {"ats": "workday", "city": null, "state": null, "job_id": "/job/San-Francisco-CA/Director--ECO-Technology---Data_R0007483", "remote": false, "category": "other", "fun

company_statement / Sep 14, 2026 / receipt