v3.26.1
BUSINESS SEGMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
Following are the results of operations and the selected financial information by operating segment for the quarters and six-month periods ended June 30, 2026 and 2025:

Quarter Ended June 30, 2026
BankingWealth
Management		TreasuryTotal Major
Segments		EliminationsConsolidated
Total
(In thousands)
Interest income$163,741 $7 $34,827 $198,575 $(1,425)$197,150 
Interest expense(31,815)— (9,461)(41,276)1,425 (39,851)
Net interest income131,926 7 25,366 157,299 — 157,299 
(Provision for) recapture of credit losses(13,010)— 4 (13,006)— (13,006)
Non-interest income, net23,016 9,954 53 33,023 — 33,023 
Non-interest expenses [1]:
Compensation and employee benefits(38,318)(2,554)(304)(41,176)— (41,176)
Occupancy, equipment and infrastructure costs(9,261)(135)(20)(9,416)— (9,416)
Depreciation and amortization of premises and equipment(4,844)(9)(4)(4,857)— (4,857)
Electronic banking charges(12,229)— — (12,229)— (12,229)
Information technology expenses(7,067)(49)(1)(7,117)— (7,117)
Professional and service fees(3,832)(953)(54)(4,839)— (4,839)
Loan servicing and clearing expenses(1,908)(451)(138)(2,497)— (2,497)
Amortization of other intangible assets(231)— — (231)— (231)
Intersegment expenses1,062 (594)(468)— — — 
Other [2]
(19,814)(522)(134)(20,470)— (20,470)
Total non-interest expense(96,442)(5,267)(1,123)(102,832)— (102,832)
Income before income taxes$45,490 $4,694 $24,300 $74,484 $— $74,484 
Income tax expense(15,651)— (56)(15,707)— (15,707)
Net income$29,839 $4,694 $24,244 $58,777 $— $58,777 
Total assets$10,146,471 $40,520 $3,345,116 $13,532,107 $(1,377,535)$12,154,572 
Expenditures for long-lived assets$8,132 $— $— $8,132 $— $8,132 
[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; data communication and systems; printing, postage, stationery and supplies; communication; 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; insurance, among other business expenses.
Six-Month Period Ended June 30, 2026
BankingWealth
Management		TreasuryTotalEliminationsConsolidated
Total
(In thousands)
Interest income$323,519 $12 $70,496 $394,027 $(2,751)$391,276 
Interest expense(62,863)— (20,052)(82,915)2,751 (80,164)
Net interest income260,656 12 50,444 311,112 — 311,112 
Provision for credit losses
(35,489)— — (35,489)— (35,489)
Non-interest income, net46,039 19,098 53 65,190 — 65,190 
Non-interest expenses [1]
Compensation and employee benefits(76,778)(5,119)(626)(82,523)— (82,523)
Occupancy, equipment and infrastructure costs(17,721)(259)(34)(18,014)— (18,014)
Depreciation and amortization of premises and equipment(9,643)(19)(15)(9,677)— (9,677)
Electronic banking charges(20,834)— — (20,834)— (20,834)
Information technology expenses(13,627)(86)(1)(13,714)— (13,714)
Professional and service fees(8,164)(1,672)(1,217)(11,053)— (11,053)
Loan servicing and clearing expenses(3,764)(1,024)(273)(5,061)— (5,061)
Amortization of other intangible assets(462)— — (462)— (462)
Intersegment expenses2,096 (1,179)(917)— — — 
Other [2]
(34,901)(1,000)(296)(36,197)— (36,197)
Total non-interest expense(183,798)(10,358)(3,379)(197,535)— (197,535)
Income before income taxes$87,408 $8,752 $47,118 $143,278 $— $143,278 
Income tax expense(30,455)— (109)(30,564)— (30,564)
Net income$56,953 $8,752 $47,009 $112,714 $— $112,714 
Total assets$10,146,471 $40,520 $3,345,116 $13,532,107 $(1,377,535)$12,154,572 
Expenditures for long-lived assets$12,488 $— $— $12,488 $— $12,488 
[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 June 30, 2025
BankingWealth
Management		TreasuryTotal Major
Segments		EliminationsConsolidated
Total
(In thousands)
Interest income$158,778 $6 $36,975 $195,759 $(1,412)$194,347 
Interest expense(35,426)— (8,405)(43,831)1,412 (42,419)
Net interest income123,352 6 28,570 151,928 — 151,928 
Provision for credit losses(21,678)— — (21,678)— (21,678)
Non-interest income, net21,300 9,129 2 30,431 — 30,431 
Non-interest expenses [1]:
Compensation and employee benefits(36,962)(2,320)(283)(39,565)— (39,565)
Occupancy, equipment and infrastructure costs(9,335)(191)(18)(9,544)— (9,544)
Depreciation and amortization of premises and equipment(5,068)(12)(5)(5,085)— (5,085)
Electronic banking charges(12,276)— — (12,276)— (12,276)
Information technology expenses(6,636)(42)— (6,678)— (6,678)
Professional and service fees(3,935)(825)(53)(4,813)— (4,813)
Loan servicing and clearing expenses(1,705)(337)(130)(2,172)— (2,172)
Amortization of other intangibles assets(289)— — (289)— (289)
Intersegment expenses975 (570)(405)— — — 
Other [2]
(13,866)(390)(124)(14,380)— (14,380)
Total non-interest expense(89,097)(4,687)(1,018)(94,802)— (94,802)
Income before income taxes$33,877 $4,448 $27,554 $65,879 $— $65,879 
Income tax expense(14,037)— (41)(14,078)— (14,078)
Net income$19,840 $4,448 $27,513 $51,801 $— $51,801 
Total assets$10,007,703 $40,323 $3,469,640 $13,517,666 $(1,286,156)$12,231,510 
Expenditures for long-lived assets$4,149 $— $— $4,149 $— $4,149 
[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; data communication and systems; 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.
Six-Month Period Ended June 30, 2025
BankingWealth
Management		TreasuryTotalEliminationsConsolidated
Total
(In thousands)
Interest income$313,805 $11 $72,408 $386,224 $(2,655)$383,569 
Interest expense(69,956)— (15,269)(85,225)2,655 (82,570)
Net interest income243,849 11 57,139 300,999 — 300,999 
(Provision for) recapture of credit losses
(47,368)— 2 (47,366)— (47,366)
Non-interest income, net42,000 17,946 2 59,948 — 59,948 
Non-interest expenses [1]
Compensation and employee benefits(73,748)(5,191)(558)(79,497)— (79,497)
Occupancy, equipment and infrastructure costs(18,875)(369)(34)(19,278)— (19,278)
Depreciation and amortization of premises and equipment(10,136)(25)(10)(10,171)— (10,171)
Electronic banking charges(21,946)— — (21,946)— (21,946)
Information technology expenses(12,875)(97)6 (12,966)— (12,966)
Professional and service fees(8,358)(1,467)(106)(9,931)— (9,931)
Loan servicing and clearing expenses(3,281)(927)(198)(4,406)— (4,406)
Amortization of other intangible assets(577)— — (577)— (577)
Intersegment expenses1,805 (1,090)(715)— — — 
Other [2]
(28,465)(763)(254)(29,482)— (29,482)
Total non-interest expense(176,456)(9,929)(1,869)(188,254)— (188,254)
Income before income taxes$62,025 $8,028 $55,274 $125,327 $— $125,327 
Income tax expense(27,845)(17)(92)(27,954)— (27,954)
Net income$34,180 $8,011 $55,182 $97,373 $— $97,373 
Total assets$10,007,703 $40,323 $3,469,640 $13,517,666 $(1,286,156)$12,231,510 
Expenditures for long-lived assets$8,498 $1 $— $8,499 $— $8,499 
[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.