v3.25.2
Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table represents segment information for the three and six months ended June 30, 2025 and 2024 (in thousands):
Three months ended June 30,Six months ended June 30,
2025202420252024
Interest income on loans$282,110 223,201 555,141 371,280 
Interest income on cash and debt securities34,198 24,610 66,513 40,390 
Total interest income316,308 247,811 621,654 411,670 
Total interest expense129,214 106,305 252,832 176,494 
Net interest income187,094 141,506 368,822 235,176 
Provision for credit losses(2,888)69,705 (2,250)69,385 
Net interest income after provision189,982 71,801 371,072 165,791 
Non-interest income:
Wealth management income6,948 7,769 14,275 15,257 
Insurance Agency Income4,942 4,488 10,593 9,281 
Other non-interest income (1)
15,185 10,018 29,237 18,543 
Total non-interest income27,075 22,275 54,105 43,081 
Non-interest expense:
Compensation and employee benefits63,249 54,888 125,615 94,936 
Net occupancy expense13,011 11,142 26,938 19,662 
Data processing expense9,599 8,433 19,203 15,217 
Other non-interest expense (2)
28,755 40,931 59,125 57,406 
Total non-interest expense114,614 115,394 230,881 187,221 
Income tax expense30,462 (9,833)58,287 1,055 
Net income$71,981 (11,485)136,009 20,596 
(1) Other non-interest income items include fees and commissions, BOLI and other miscellaneous income.
(2) Other non-interest expense items include merger-related expenses in the prior year, amortization of intangibles and other miscellaneous expenses.