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

The following table presents information reported internally for performance assessment by the chief operating decision maker for the following periods:

 

 

 

Banking Segment

 

 

 

Three Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

 

(in thousands)

 

Net interest income

 

$

63,857

 

 

$

57,139

 

Noninterest income

 

 

8,348

 

 

 

8,071

 

Segment revenues

 

 

72,205

 

 

 

65,210

 

Other revenues

 

 

 

 

 

 

Total consolidated revenues

 

 

72,205

 

 

 

65,210

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

Credit loss expense

 

 

1,186

 

 

 

7,631

 

Noninterest expenses

 

 

39,039

 

 

 

36,347

 

Income tax expense

 

 

8,475

 

 

 

6,115

 

Segment net income

 

 

23,505

 

 

 

15,117

 

 

 

 

 

 

 

 

Reconciliation of profit:

 

 

 

 

 

 

Adjustments and reconciling items

 

 

 

 

 

 

Consolidated net income

 

$

23,505

 

 

$

15,117

 

 

 

 

 

Banking Segment

 

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

 

(in thousands)

 

Net interest income

 

$

127,060

 

 

$

112,231

 

Noninterest income

 

 

16,887

 

 

 

15,796

 

Segment revenues

 

 

143,947

 

 

 

128,027

 

Other revenues

 

 

 

 

 

 

Total consolidated revenues

 

 

143,947

 

 

 

128,027

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

Credit loss expense

 

 

4,078

 

 

 

10,352

 

Noninterest expenses

 

 

77,407

 

 

 

71,330

 

Income tax expense

 

 

16,400

 

 

 

13,556

 

Segment net income

 

 

46,062

 

 

 

32,789

 

 

 

 

 

 

 

 

Reconciliation of profit:

 

 

 

 

 

 

Adjustments and reconciling items

 

 

 

 

 

 

Consolidated net income

 

$

46,062

 

 

$

32,789

 

 

 

 

 

 

 

 

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

 

 

(in thousands)

 

Segment assets

 

$

8,001,473

 

 

$

7,869,185

 

Other assets

 

 

 

 

 

 

Consolidated assets

 

$

8,001,473

 

 

$

7,869,185