Schedule of Financial Information for the Company's Operating Segments |
The following tables provide financial information for the Company’s operating segments as of and for the periods presented: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Community Banks | | | | | | Wealth Management | | Other | | Consolidated | Three months ended June 30, 2025 | | | | | | | | | | | | Total interest income | $ | 343,875 | | | | | | | $ | — | | | $ | 23 | | | $ | 343,898 | | Total interest expense | 116,242 | | | | | | | — | | | 8,797 | | | 125,039 | | Net interest income (loss) | $ | 227,633 | | | | | | | $ | — | | | $ | (8,774) | | | $ | 218,859 | | Provision for credit losses | 81,322 | | | | | | | — | | | — | | | 81,322 | | Noninterest income (loss) | 41,424 | | | | | | | 7,406 | | | (496) | | | 48,334 | | Salaries and employee benefits | 95,985 | | | | | | | 3,557 | | | — | | | 99,542 | | Net occupancy and equipment | 17,112 | | | | | | | 214 | | | 33 | | | 17,359 | | Other segment expenses(1) | 65,276 | | | | | | | 1,123 | | | (96) | | | 66,303 | | Income (loss) before income taxes | $ | 9,362 | | | | | | | $ | 2,512 | | | $ | (9,207) | | | $ | 2,667 | | Income tax expense (benefit) | 3,917 | | | | | | | 134 | | | (2,402) | | | 1,649 | | Net income (loss) | $ | 5,445 | | | | | | | $ | 2,378 | | | $ | (6,805) | | | $ | 1,018 | | Total assets | $ | 26,598,942 | | | | | | | $ | 6,110 | | | $ | 19,923 | | | $ | 26,624,975 | | Goodwill | 1,419,782 | | | | | | | — | | | — | | | 1,419,782 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Community Banks | | Insurance | | Wealth Management | | Other | | Consolidated | Three months ended June 30, 2024 | | | | | | | | | | Total interest income | $ | 219,708 | | | $ | 461 | | | $ | 16 | | | $ | 26 | | | $ | 220,211 | | Total interest expense | 88,284 | | | — | | | — | | | 6,901 | | | 95,185 | | Net interest income (loss) | $ | 131,424 | | | $ | 461 | | | $ | 16 | | | $ | (6,875) | | | $ | 125,026 | | Provision for credit losses | 3,300 | | | — | | | — | | | — | | | 3,300 | | Noninterest income (loss) | 29,729 | | | 2,877 | | | 6,568 | | | (412) | | | 38,762 | | Salaries and employee benefits | 65,723 | | | 1,839 | | | 3,169 | | | — | | | 70,731 | | Net occupancy and equipment | 11,513 | | | 131 | | | 200 | | | — | | | 11,844 | | Other segment expenses(2) | 27,381 | | | 275 | | | 1,382 | | | 363 | | | 29,401 | | Income (loss) before income taxes | $ | 53,236 | | | $ | 1,093 | | | $ | 1,833 | | | $ | (7,650) | | | $ | 48,512 | | Income tax expense (benefit) | 11,276 | | | 284 | | | 80 | | | (1,974) | | | 9,666 | | Net income (loss) | $ | 41,960 | | | $ | 809 | | | $ | 1,753 | | | $ | (5,676) | | | $ | 38,846 | | Total assets | $ | 17,462,835 | | | $ | 41,988 | | | $ | 5,043 | | | $ | 525 | | | $ | 17,510,391 | | Goodwill | 988,898 | | | 2,767 | | | — | | | — | | | 991,665 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Community Banks | | | | Wealth Management | | Other | | Consolidated | Six months ended June 30, 2025 | | | | | | | | | | Total interest income | $ | 564,182 | | | | | $ | — | | | $ | 46 | | | $ | 564,228 | | Total interest expense | 195,876 | | | | | — | | | 15,296 | | | 211,172 | | Net interest income (loss) | $ | 368,306 | | | | | $ | — | | | $ | (15,250) | | | $ | 353,056 | | Provision for credit losses | 86,072 | | | | | — | | | — | | | 86,072 | | Noninterest income (loss) | 70,785 | | | | | 14,881 | | | (937) | | | 84,729 | | Salaries and employee benefits | 164,139 | | | | | 7,360 | | | — | | | 171,499 | | Net occupancy and equipment | 28,662 | | | | | 418 | | | 33 | | | 29,113 | | Other segment expenses(1) | 93,962 | | | | | 2,104 | | | 402 | | | 96,468 | | Income (loss) before income taxes | $ | 66,256 | | | | | $ | 4,999 | | | $ | (16,622) | | | $ | 54,633 | | Income tax expense (benefit) | 16,120 | | | | | 237 | | | (4,260) | | | 12,097 | | Net income (loss) | $ | 50,136 | | | | | $ | 4,762 | | | $ | (12,362) | | | $ | 42,536 | | Total assets | $ | 26,598,942 | | | | | $ | 6,110 | | | $ | 19,923 | | | $ | 26,624,975 | | Goodwill | 1,419,782 | | | | | — | | | — | | | 1,419,782 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Community Banks | | Insurance | | Wealth Management | | Other | | Consolidated | Six months ended June 30, 2024 | | | | | | | | | | Total interest income | $ | 432,363 | | | $ | 942 | | | $ | 32 | | | 53 | | | $ | 433,390 | | Total interest expense | 171,253 | | | — | | | — | | | 13,821 | | | 185,074 | | Net interest income (loss) | $ | 261,110 | | | $ | 942 | | | $ | 32 | | | $ | (13,768) | | | $ | 248,316 | | Provision for credit losses | 5,738 | | | — | | | — | | | — | | | 5,738 | | Noninterest income (loss) | 61,220 | | | 6,473 | | | 13,201 | | | (751) | | | 80,143 | | Salaries and employee benefits | 132,124 | | | 3,619 | | | 6,458 | | | — | | | 142,201 | | Net occupancy and equipment | 22,617 | | | 220 | | | 396 | | | — | | | 23,233 | | Other segment expenses(2) | 55,043 | | | 553 | | | 3,082 | | | 776 | | | 59,454 | | Income (loss) before income taxes | $ | 106,808 | | | $ | 3,023 | | | $ | 3,297 | | | $ | (15,295) | | | $ | 97,833 | | Income tax expense (benefit) | 22,640 | | | 785 | | | 100 | | | (3,947) | | | 19,578 | | Net income (loss) | $ | 84,168 | | | $ | 2,238 | | | $ | 3,197 | | | $ | (11,348) | | | $ | 78,255 | | Total assets | $ | 17,462,835 | | | $ | 41,988 | | | $ | 5,043 | | | $ | 525 | | | $ | 17,510,391 | | Goodwill | 988,898 | | | 2,767 | | | — | | | — | | | 991,665 | |
(1) Other segment expenses for Community Banks include data processing, other real estate owned, legal and professional fees, advertising and public relations, intangible amortization, communications, merger and conversion related expenses and other miscellaneous expenses. Other segment expenses for Wealth Management include data processing, legal and professional fees, advertising and public relations, intangible amortization, communications and other miscellaneous expenses. (2) Other segment expenses for Community Banks include data processing, other real estate owned, legal and professional fees, advertising and public relations, intangible amortization, communications and other miscellaneous expenses. Other segment expenses for Insurance included data processing, legal and professional fees, advertising and public relations, communications and other miscellaneous expenses. Other segment expenses for Wealth Management include data processing, legal and professional fees, advertising and public relations, intangible amortization, communications and other miscellaneous expenses.
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