v3.25.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of information about the General Banking Unit

The table below provides information about the General Banking Unit. The most significant expenses to the General Banking Unit are deposit and other borrowing interest expense as well as employee compensation (in thousands):

Banking Segment

Three Months Ended June 30, 

Six Months Ended June 30, 

2025

2024

2025

2024

Interest income

$

69,453

$

61,285

$

135,830

$

121,067

Interest expense

29,110

28,471

57,248

56,532

Net interest income

40,343

32,814

78,582

64,535

Provision for credit losses

2,411

883

3,391

443

Net interest income after provision for credit losses

37,932

31,931

75,191

64,092

Noninterest income:

Service charges on deposit accounts

1,766

1,692

3,502

3,304

Loss on sale of securities

(4)

(4)

Mortgage banking

633

348

1,126

628

Investment services

1,440

1,302

3,209

2,682

Insurance commissions

1,554

1,284

2,967

2,387

Interchange and debit card transaction fees, net

1,342

1,343

2,562

2,596

Other

2,167

1,635

4,133

4,387

Total noninterest income

8,898

7,604

17,495

15,984

Noninterest expense:

Salaries and employee benefits

19,602

17,261

38,836

33,900

Occupancy and equipment

3,432

3,324

6,829

6,720

FDIC insurance

992

825

1,952

1,740

Other real estate and loan related expense

757

538

1,415

1,123

Advertising and marketing

390

295

772

597

Data processing and technology

2,651

2,452

5,309

4,916

Professional services

1,153

1,064

2,521

1,989

Amortization of intangibles

566

608

1,135

1,220

Other

3,026

2,834

6,097

5,549

Total noninterest expense

32,569

29,201

64,866

57,754

Income before income tax expense

14,261

10,334

27,820

22,322

Income tax expense

2,556

2,331

4,861

4,962

Net income

$

11,705

$

8,003

$

22,959

$

17,360