| 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 | | | Year Ended December 31, | | | 2025 | | 2024 | | 2023 | Interest income | | $ | 285,972 | | $ | 251,119 | | $ | 218,043 | Interest expense | | | 119,868 | | | 113,769 | | | 87,963 | Net interest income | | | 166,104 | | | 137,350 | | | 130,080 | Provision for credit losses | | | 7,750 | | | 5,153 | | | 3,029 | Net interest income after provision for credit losses | | | 158,354 | | | 132,197 | | | 127,051 | Noninterest income: | | | | | | | | | | Service charges on deposit accounts | | | 7,161 | | | 6,862 | | | 6,511 | Loss on sale of securities | | | (3,719) | | | 64 | | | (6,801) | Mortgage banking | | | 2,673 | | | 1,579 | | | 1,040 | Investment services | | | 6,582 | | | 5,945 | | | 5,105 | Insurance commissions | | | 4,016 | | | 5,696 | | | 4,684 | Interchange and debit card transaction fees, net | | | 5,275 | | | 5,277 | | | 5,457 | Gain on sale of SBKI | | | 3,955 | | | — | | | — | Other | | | 8,409 | | | 8,729 | | | 6,329 | Total noninterest income | | | 34,352 | | | 34,152 | | | 22,325 | Noninterest expense: | | | | | | | | | | Salaries and employee benefits | | | 78,297 | | | 72,100 | | | 65,749 | Occupancy and equipment | | | 13,686 | | | 13,617 | | | 13,451 | FDIC insurance | | | 4,002 | | | 3,390 | | | 3,156 | Other real estate and loan related expense | | | 3,242 | | | 2,823 | | | 2,397 | Advertising and marketing | | | 1,619 | | | 1,321 | | | 1,342 | Data processing and technology | | | 10,316 | | | 9,930 | | | 9,235 | Professional services | | | 4,775 | | | 4,207 | | | 3,443 | Amortization of intangibles | | | 2,150 | | | 2,425 | | | 2,624 | Merger related and restructuring expenses | | | 1,326 | | | — | | | 110 | Other | | | 11,792 | | | 11,077 | | | 11,643 | Total noninterest expense | | | 131,205 | | | 120,890 | | | 113,150 | Income before income tax expense | | | 61,501 | | | 45,459 | | | 36,226 | Income tax expense | | | 11,154 | | | 9,318 | | | 7,633 | Net income | | $ | 50,347 | | $ | 36,141 | | $ | 28,593 |
|