OPERATING SEGMENTS AND RELATED INFORMATION (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Information Relating to Operating Segments

Goodwill and total assets are summarized below by operating segment. The “other” category included in the tables below consists of the parent company and the elimination of intercompany transactions:


	As of June 30, 2026
(dollars in thousands)	Banking		Wealth Management		FirsTech		Other		Total
Goodwill	$	359,263	$	14,108	$	8,992	$	—	$	382,363
Total assets	17,962,087		164,648		44,485		20,647		18,191,867


	As of December 31, 2025
(dollars in thousands)	Banking		Wealth Management		FirsTech		Other		Total
Goodwill	$	360,180	$	14,108	$	8,992	$	—	$	383,280
Total assets	17,880,797		152,422		45,373		26,144		18,104,736

Financial results by operating segment, including significant expense categories provided to the chief operating decision maker, are summarized below:


	Three Months Ended June 30, 2026
(dollars in thousands)	Banking		Wealth Management		FirsTech		Other		Total
Interest income	$	224,349	$	—	$	—	$	76	$	224,425
Intersegment interest income	—		—		14		(14)		—
Interest expense	69,410		—		—		2,613		72,023
Intersegment interest expense	300		—		—		(300)		—
Net interest income	154,639		—		14		(2,251)		152,402
Provision for credit losses	2,189		—		—		—		2,189
Net interest income after provision for credit losses	152,450		—		14		(2,251)		150,213

Noninterest income
Wealth management fees	—		19,981		—		—		19,981
Payment technology solutions	—		—		4,968		—		4,968
Treasury management services	4,789		—		—		—		4,789
Capital markets income	1,871		—		—		—		1,871
Card services and ATM fees	4,813		—		—		—		4,813
Other service charges on deposit accounts	1,407		—		—		—		1,407
All other noninterest income	4,289		164		—		2,029		6,482
Intersegment noninterest income	2,832		—		531		(3,363)		—
Noninterest income	20,001		20,145		5,499		(1,334)		44,311

Revenue	174,640		20,145		5,513		(3,585)		196,713

Noninterest expense
Salaries and employee benefits	56,801		8,115		2,761		—		67,677
Data processing	7,266		704		872		26		8,868
Amortization of intangible assets	4,066		166		—		—		4,232
Interchange expense	—		—		1,096		—		1,096
All other noninterest expense	27,605		545		771		1,841		30,762
Intersegment noninterest expense	650		749		539		(1,938)		—
Noninterest expense	96,388		10,279		6,039		(71)		112,635

Income (loss) before income taxes	76,063		9,866		(526)		(3,514)		81,889
Income taxes	17,328		2,368		(128)		(855)		18,713
Net income	$	58,735	$	7,498	$	(398)	$	(2,659)	$	63,176


	Three Months Ended June 30, 2025
(dollars in thousands)	Banking		Wealth Management		FirsTech		Other		Total
Interest income	$	247,444	$	—	$	—	$	2	$	247,446
Intersegment interest income	—		—		17		(17)		—
Interest expense	90,247		—		—		4,016		94,263
Intersegment interest expense	866		—		—		(866)		—
Net interest income	156,331		—		17		(3,165)		153,183
Provision for credit losses	5,700		—		—		—		5,700
Net interest income after provision for credit losses	150,631		—		17		(3,165)		147,483

Noninterest income
Wealth management fees	—		16,777		—		—		16,777
Payment technology solutions	—		—		4,956		—		4,956
Treasury management services	4,569		—		—		—		4,569
Capital markets income	1,254		—		—		—		1,254
Card services and ATM fees	4,880		—		—		—		4,880
Other service charges on deposit accounts	1,513		—		—		—		1,513
All other noninterest income	4,714		209		—		5,991		10,914
Intersegment noninterest income	316		—		429		(745)		—
Noninterest income	17,246		16,986		5,385		5,246		44,863

Revenue	173,577		16,986		5,402		2,081		198,046

Noninterest expense
Salaries and employee benefits	57,247		7,106		2,851		11,156		78,360
Data processing	12,381		622		922		96		14,021
Amortization of intangible assets	4,364		228		—		—		4,592
Interchange expense	—		—		1,297		—		1,297
All other noninterest expense	26,162		590		718		2,093		29,563
Intersegment noninterest expense	5,156		778		360		(6,294)		—
Noninterest expense	105,310		9,324		6,148		7,051		127,833

Income (loss) before income taxes	62,567		7,662		(746)		(4,970)		64,513
Income taxes	16,729		1,839		(202)		(1,257)		17,109
Net income	$	45,838	$	5,823	$	(544)	$	(3,713)	$	47,404


	Six Months Ended June 30, 2026
(dollars in thousands)	Banking		Wealth Management		FirsTech		Other		Total
Interest income	$	449,756	$	—	$	—	$	154	$	449,910
Intersegment interest income	—		—		29		(29)		—
Interest expense	138,284		—		—		5,255		143,539
Intersegment interest expense	804		—		—		(804)		—
Net interest income	310,668		—		29		(4,326)		306,371
Provision for credit losses	5,247		—		—		—		5,247
Net interest income after provision for credit losses	305,421		—		29		(4,326)		301,124

Noninterest income
Wealth management fees	—		39,351		—		—		39,351
Payment technology solutions	—		—		10,045		—		10,045
Treasury management services	9,245		—		—		—		9,245
Capital markets income	4,242		—		—		—		4,242
Card services and ATM fees	9,459		—		—		—		9,459
Other service charges on deposit accounts	2,913		—		—		—		2,913
All other noninterest income	9,909		321		—		1,091		11,321
Intersegment noninterest income	5,665		—		1,092		(6,757)		—
Noninterest income	41,433		39,672		11,137		(5,666)		86,576

Revenue	352,101		39,672		11,166		(9,992)		392,947

Noninterest expense
Salaries and employee benefits	128,508		16,981		7,418		—		152,907
Data processing	15,448		1,467		1,758		59		18,732
Amortization of intangible assets	8,176		347		—		—		8,523
Interchange expense	—		—		2,212		—		2,212
All other noninterest expense	53,287		1,397		1,447		3,649		59,780
Intersegment noninterest expense	1,329		1,499		1,079		(3,907)		—
Noninterest expense	206,748		21,691		13,914		(199)		242,154

Income (loss) before income taxes	140,106		17,981		(2,748)		(9,793)		145,546
Income taxes	31,131		4,316		(670)		(2,388)		32,389
Net income	$	108,975	$	13,665	$	(2,078)	$	(7,405)	$	113,157


	Six Months Ended June 30, 2025
(dollars in thousands)	Banking		Wealth Management		FirsTech		Other		Total
Interest income	$	414,256	$	—	$	—	$	5	$	414,261
Intersegment interest income	—		—		30		(30)		—
Interest expense	148,764		—		—		8,583		157,347
Intersegment interest expense	1,357		—		—		(1,357)		—
Net interest income	264,135		—		30		(7,251)		256,914
Provision for credit losses	51,293		—		—		—		51,293
Net interest income after provision for credit losses	212,842		—		30		(7,251)		205,621

Noninterest income
Wealth management fees	—		34,141		—		—		34,141
Payment technology solutions	—		—		10,029		—		10,029
Treasury management services	7,406		—		—		—		7,406
Capital markets income	2,579		—		—		—		2,579
Card services and ATM fees	8,589		—		—		—		8,589
Other service charges on deposit accounts	3,046		—		—		—		3,046
All other noninterest income	(5,810)		411		(2)		5,697		296
Intersegment noninterest income	668		—		774		(1,442)		—
Noninterest income	16,478		34,552		10,801		4,255		66,086

Revenue	280,613		34,552		10,831		(2,996)		323,000

Noninterest expense
Salaries and employee benefits	103,973		14,137		5,332		22,481		145,923
Data processing	20,330		1,215		1,859		192		23,596
Amortization of intangible assets	7,205		470		—		—		7,675
Interchange expense	—		—		2,640		—		2,640
All other noninterest expense	45,987		1,327		1,335		11,380		60,029
Intersegment noninterest expense	9,821		1,558		729		(12,108)		—
Noninterest expense	187,316		18,707		11,895		21,945		239,863

Income (loss) before income taxes	42,004		15,845		(1,064)		(24,941)		31,844
Income taxes	15,859		3,803		(281)		(4,951)		14,430
Net income (loss)	$	26,145	$	12,042	$	(783)	$	(19,990)	$	17,414

- Definition

Tabular disclosure of segment reporting. Includes, but is not limited to, reconciliation of reportable segment amount to corresponding consolidated total.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 34
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-34

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26A

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-15

+ Details