v3.26.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information

The following is a summary of certain operating information as of the dates and periods presented:

 

 

As of or For the Three Months Ended June 30,

 

 

As of or For the Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Interest and dividend income

 

$

144,306

 

 

$

144,539

 

 

$

285,962

 

 

$

279,394

 

Reconciliation of revenue:

 

 

 

 

 

 

 

 

 

 

 

 

Other noninterest income

 

 

16,876

 

 

 

14,471

 

 

 

29,414

 

 

 

29,330

 

Total consolidated revenue

 

 

161,182

 

 

 

159,010

 

 

 

315,376

 

 

 

308,724

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

 

43,470

 

 

 

48,557

 

 

 

85,263

 

 

 

95,191

 

Segment net interest income and noninterest income

 

 

117,712

 

 

 

110,453

 

 

 

230,113

 

 

 

213,533

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

Provision for credit losses

 

 

7,162

 

 

 

11,923

 

 

 

12,699

 

 

 

21,102

 

Salaries and employee benefits

 

 

35,656

 

 

 

37,819

 

 

 

71,901

 

 

 

74,071

 

Depreciation and amortization

 

 

2,608

 

 

 

3,169

 

 

 

5,333

 

 

 

6,017

 

Data processing

 

 

4,866

 

 

 

4,986

 

 

 

9,791

 

 

 

10,157

 

Other segment items(1)

 

 

13,349

 

 

 

13,628

 

 

 

26,643

 

 

 

25,786

 

Income tax expense

 

 

13,890

 

 

 

8,846

 

 

 

25,986

 

 

 

18,070

 

Segment net income

 

 

40,181

 

 

 

30,082

 

 

 

77,760

 

 

 

58,330

 

Reconciliation of profit or loss:

 

 

 

 

 

 

 

 

 

 

 

 

Adjustments and reconciling items

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated net income

 

$

40,181

 

 

$

30,082

 

 

$

77,760

 

 

$

58,330

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation of assets

 

 

 

 

 

 

 

 

 

Total assets for reportable segment

 

$

9,932,465

 

 

$

9,720,218

 

 

$

9,932,465

 

 

$

9,720,218

 

Adjustments and reconciling items

 

 

 

 

 

 

 

 

 

 

 

 

Total consolidated assets

 

$

9,932,465

 

 

$

9,720,218

 

 

$

9,932,465

 

 

$

9,720,218

 

(1) Other segment items include: legal, audit, and other professional fees, other occupancy expense, regulatory assessments, and advertising and promotion expense.