| Schedule of Segment Reporting Information |
Following are the results of operations and the selected financial information by operating segment for the quarters ended March 31, 2026 and 2025:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended March 31, 2026 | | Banking | | Wealth Management | | Treasury | | Total | | Eliminations | | Consolidated Total | | (In thousands) | | Interest income | $ | 159,778 | | | $ | 5 | | | $ | 35,669 | | | $ | 195,452 | | | $ | (1,326) | | | $ | 194,126 | | | Interest expense | (31,048) | | | — | | | (10,591) | | | (41,639) | | | 1,326 | | | (40,313) | | | Net interest income | 128,730 | | | 5 | | | 25,078 | | | 153,813 | | | — | | | 153,813 | | Provision for credit losses | (22,479) | | | — | | | (4) | | | (22,483) | | | — | | | (22,483) | | | Non-interest income, net | 23,023 | | | 9,144 | | | — | | | 32,167 | | | — | | | 32,167 | | Non-interest expenses [1] | | | | | | | | | | | | | Compensation and employee benefits | (38,460) | | | (2,565) | | | (322) | | | (41,347) | | | — | | | (41,347) | | | Occupancy, equipment and infrastructure costs | (8,460) | | | (124) | | | (14) | | | (8,598) | | | — | | | (8,598) | | | Depreciation and amortization of premises and equipment | (4,799) | | | (10) | | | (11) | | | (4,820) | | | — | | | (4,820) | | | Electronic banking charges | (8,604) | | | — | | | — | | | (8,604) | | | — | | | (8,604) | | | Information technology expenses | (6,560) | | | (37) | | | — | | | (6,597) | | | — | | | (6,597) | | | Professional and service fees | (4,332) | | | (719) | | | (1,163) | | | (6,214) | | | — | | | (6,214) | | | Loan servicing and clearing expenses | (1,856) | | | (573) | | | (135) | | | (2,564) | | | — | | | (2,564) | | | Amortization of other intangible assets | (231) | | | — | | | — | | | (231) | | | — | | | (231) | | | Intersegment expenses | 1,034 | | | (585) | | | (449) | | | — | | | — | | | — | | Other [2] | (15,088) | | | (478) | | | (162) | | | (15,728) | | | — | | | (15,728) | | | Total non-interest expense | (87,356) | | | (5,091) | | | (2,256) | | | (94,703) | | | — | | | (94,703) | | | Income before income taxes | $ | 41,918 | | | $ | 4,058 | | | $ | 22,818 | | | $ | 68,794 | | | $ | — | | | $ | 68,794 | | | Income tax expense | (14,804) | | | — | | | (53) | | | (14,857) | | | — | | | (14,857) | | | Net income | $ | 27,114 | | | $ | 4,058 | | | $ | 22,765 | | | $ | 53,937 | | | $ | — | | | $ | 53,937 | | | Total assets | $ | 10,045,598 | | | $ | 33,939 | | | $ | 3,328,963 | | | $ | 13,408,500 | | | $ | (1,360,597) | | | $ | 12,047,903 | | | Expenditures for long-lived assets | $ | 4,356 | | | $ | — | | | $ | — | | | $ | 4,356 | | | $ | — | | | $ | 4,356 | | | [1] The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. | | | [2] Other non-interest expenses include: | Banking: taxes, other than payroll and income taxes; insurance; advertising; communication; printing, postage, stationery and supplies; travels, meals and training; credit related expenses; director and investor relations; loss on sale of foreclosed real estate and other repossessed properties; and losses and operational errors, among other business expenses. | Wealth Management: reinsurance incurred net losses; taxes, other than payroll and income taxes; advertising; insurance; and data communication and systems, among other business expenses. | Treasury: data communication and systems; taxes, other than payroll and income taxes; and insurance, among other business expenses. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended March 31, 2025 | | Banking | | Wealth Management | | Treasury | | Total | | Eliminations | | Consolidated Total | | (In thousands) | | Interest income | $ | 155,027 | | | $ | 5 | | | $ | 35,433 | | | $ | 190,465 | | | $ | (1,243) | | | $ | 189,222 | | | Interest expense | (34,530) | | | — | | | (6,864) | | | (41,394) | | | 1,243 | | | (40,151) | | | Net interest income | 120,497 | | | 5 | | | 28,569 | | | 149,071 | | | — | | | 149,071 | | (Provision for) recapture of credit losses | (25,690) | | | — | | | 2 | | | (25,688) | | | — | | | (25,688) | | | Non-interest income, net | 20,700 | | | 8,817 | | | — | | | 29,517 | | | — | | | 29,517 | | Non-interest expenses [1] | | | | | | | | | | | | | Compensation and employee benefits | (36,786) | | | (2,871) | | | (275) | | | (39,932) | | | — | | | (39,932) | | | Occupancy, equipment and infrastructure costs | (9,540) | | | (178) | | | (16) | | | (9,734) | | | — | | | (9,734) | | | Depreciation and amortization of premises and equipment | (5,068) | | | (13) | | | (5) | | | (5,086) | | | — | | | (5,086) | | | Electronic banking charges | (9,670) | | | — | | | — | | | (9,670) | | | — | | | (9,670) | | | Information technology expenses | (6,238) | | | (55) | | | 6 | | | (6,287) | | | — | | | (6,287) | | | Professional and service fees | (4,423) | | | (642) | | | (53) | | | (5,118) | | | — | | | (5,118) | | | Loan servicing and clearing expenses | (1,576) | | | (590) | | | (68) | | | (2,234) | | | — | | | (2,234) | | | Amortization of other intangible assets | (288) | | | — | | | — | | | (288) | | | — | | | (288) | | | Intersegment expenses | 830 | | | (520) | | | (310) | | | — | | | — | | | — | | Other [2] | (14,600) | | | (373) | | | (130) | | | (15,103) | | | — | | | (15,103) | | | Total non-interest expense | (87,359) | | | (5,242) | | | (851) | | | (93,452) | | | — | | | (93,452) | | | Income before income taxes | $ | 28,148 | | | $ | 3,580 | | | $ | 27,720 | | | $ | 59,448 | | | $ | — | | | $ | 59,448 | | | Income tax expense | (13,808) | | | (17) | | | (51) | | | (13,876) | | | — | | | (13,876) | | | Net income | $ | 14,340 | | | $ | 3,563 | | | $ | 27,669 | | | $ | 45,572 | | | $ | — | | | $ | 45,572 | | | Total assets | $ | 9,567,669 | | | $ | 37,647 | | | $ | 3,350,980 | | | $ | 12,956,296 | | | $ | (1,227,039) | | | $ | 11,729,257 | | | Expenditures for long-lived assets | $ | 4,349 | | | $ | 1 | | | $ | — | | | $ | 4,350 | | | $ | — | | | $ | 4,350 | | | | | | | | | | | | | | [1] The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. | | | | | | | | | | | | | | [2] Other non-interest expenses include: | Banking: taxes, other than payroll and income taxes; insurance; advertising; communication; printing, postage, stationery and supplies; travels, meals and training; credit related expenses; director and investor relations; loss on sale of foreclosed real estate and other repossessed properties; and losses and operational errors, among other business expenses. | Wealth Management: reinsurance incurred net losses; taxes, other than payroll and income taxes; advertising; insurance; and data communication and systems, among other business expenses. | Treasury: data communication and systems; taxes, other than payroll and income taxes; and insurance, among other business expenses. |
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