v3.26.1
SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Financial Information
Selected business segment financial information for the three and six months ended June 30, 2026 and 2025 was as follows:
(dollars in thousands)BankingWealth
Management
CorporateTotal
Three Months Ended June 30, 2026
Interest income$88,177 $— $— $88,177 
Interest expense27,212 14 1,362 28,588 
Net interest income (expense)60,965 (14)(1,362)59,589 
Provision for credit losses6,819 — — 6,819 
Wealth management revenue— 8,768 — 8,768 
Other noninterest income16,344 — (1,344)15,000 
Total noninterest income16,344 8,768 (1,344)23,768 
Salaries and employee benefits22,667 4,687 — 27,354 
Depreciation expense1,202 11 — 1,213 
Amortization of intangible assets430 234 — 664 
Other noninterest expense (1)
20,382 1,611 (469)21,524 
Total noninterest expense44,681 6,543 (469)50,755 
Income (loss) before income taxes25,809 2,211 (2,237)25,783 
Income tax expense (benefit)5,457 890 (452)5,895 
Net income (loss)$20,352 $1,321 $(1,785)$19,888 
Total assets$6,714,958 $39,127 $(53,469)$6,700,616 
Six Months Ended June 30, 2026
Interest income$174,199 $— $— $174,199 
Interest expense54,450 34 2,709 57,193 
Net interest income (expense)119,749 (34)(2,709)117,006 
Provision for credit losses11,822 — — 11,822 
Wealth management revenue— 17,016 — 17,016 
Other noninterest income31,350 — (2,476)28,874 
Total noninterest income31,350 17,016 (2,476)45,890 
Salaries and employee benefits44,430 9,081 — 53,511 
Depreciation expense2,408 22 — 2,430 
Amortization of intangible assets901 480 — 1,381 
Other noninterest expense (1)
41,400 3,426 (969)43,857 
Total noninterest expense89,139 13,009 (969)101,179 
Income (loss) before income taxes (benefit)50,138 3,973 (4,216)49,895 
Income tax expense10,762 1,649 (867)11,544 
Net income (loss)$39,376 $2,324 $(3,349)$38,351 
Total assets$6,714,958 $39,127 $(53,469)$6,700,616 
(dollars in thousands)BankingWealth
Management
CorporateTotal
Three Months Ended June 30, 2025
Interest income$97,924 $— $— $97,924 
Interest expense36,879 18 2,332 39,229 
Net interest income (expense)61,045 (18)(2,332)58,695 
Provision for credit losses17,369 — — 17,369 
Wealth management revenue— 7,379 — 7,379 
Other noninterest income16,972 — (817)16,155 
Total noninterest income16,972 7,379 (817)23,534 
Salaries and employee benefits21,330 4,355 — 25,685 
Depreciation expense1,207 11 — 1,218 
Amortization of intangible assets572 255 — 827 
Other noninterest expense (1)
21,297 1,715 (750)22,262 
Total noninterest expense44,406 6,336 (750)49,992 
Income (loss) before income taxes16,242 1,025 (2,399)14,868 
Income tax expense (benefit)3,037 528 (721)2,844 
Net income (loss)$13,205 $497 $(1,678)$12,024 
Total assets$7,114,866 $33,786 $(40,774)$7,107,878 
Six Months Ended June 30, 2025
Interest income$197,279 $— $— $197,279 
Interest expense75,609 35 4,650 80,294 
Net interest income (expense)121,670 (35)(4,650)116,985 
Provision for credit losses28,219 — — 28,219 
Wealth management revenue— 14,729 — 14,729 
Other noninterest income28,322 — (1,754)26,568 
Total noninterest income28,322 14,729 (1,754)41,297 
Salaries and employee benefits44,244 7,857 — 52,101 
Depreciation expense2,435 21 — 2,456 
Amortization of intangible assets1,216 522 — 1,738 
Impairment on goodwill153,977 — — 153,977 
Other noninterest expense (1)
40,833 3,431 (1,539)42,725 
Total noninterest expense242,705 11,831 (1,539)252,997 
Income (loss) before income taxes (benefit)(120,932)2,863 (4,865)(122,934)
Income tax expense (benefit)6,144 1,288 (1,416)6,016 
Net income (loss)$(127,076)$1,575 $(3,449)$(128,950)
Total assets$7,114,866 $33,786 $(40,774)$7,107,878 
(1)    Other noninterest expense for Banking includes occupancy and equipment, data processing, FDIC insurance, professional services, marketing, communications, loan expense and other miscellaneous expenses. Other noninterest expense for Wealth Management includes occupancy and equipment, data processing, professional services, marketing, communications and other miscellaneous expenses. Other noninterest expense for Corporate includes data processing, professional services, marketing and other miscellaneous expenses.