Business Combination (Tables)

6 Months Ended

Jun. 30, 2026

Business Combination [Abstract]

Schedule of Fair Values of Assets Acquired and Liabilities Assumed from Heritage

The following table presents the allocation of purchase price consideration to the estimated fair values of assets acquired and liabilities assumed from Heritage as of April 17, 2026.


(Dollars in thousands)		April 17, 2026
Fair value consideration paid to Heritage shareholders
Fair value of common shares issued and exchanged						$	843,723
Fair value or restricted stock units assumed							129
Cash paid							1,645
Total merger consideration						$	845,497
Fair value of assets acquired:
Cash and cash equivalents		$	547,974
Investment securities available-for-sale			1,016,408
FHLB, FRB stock and other investments			32,570
Loans			3,433,567
Premises and equipment			7,090
Bank owned life insurance			83,070
Other intangible assets			116,580
Deferred tax asset, net			74,457
Other assets			93,847
Total assets acquired		$	5,405,563
Fair value of liabilities assumed:
Deposits		$	4,752,465
Subordinated debt			38,740
Other liabilities			102,975
Total liabilities assumed		$	4,894,180
Net assets acquired							511,383
Goodwill						$	334,114

Schedule of Acquired Purchased Credit Deteriorated And Purchased Seasoned Loans

The following table provides a summary of the acquired PCD and PSL loans as of April 17, 2026.


(Dollars in thousands)	Unpaid principal balance			Premium/ (discount)			Loans			ACL			Fair value
PCD loans	$	102,637		$	(3,208	)	$	99,429		$	(21,419	)	$	78,010
PSL loans		3,131,699			(78,554	)		3,053,145			(25,209	)		3,027,936
Total	$	3,234,336		$	(81,762	)	$	3,152,574		$	(46,628	)	$	3,105,946

Schedule of Unaudited Pro Forma Consolidated Financial Information

The following presents unaudited financial information as if the acquisition had occurred on January 1, 2025. Pro forma adjustments reflect changes in interest income from the accretion of discounts and premiums on acquired loans and leases, changes in interest expense from the amortization or accretion of fair value adjustments on interest-bearing deposits, and the amortization of core deposit intangibles as if the deposits had been acquired in January 1, 2025. This pro forma information is provided for illustrative purposes only and is not necessarily indicative of the results that would have occurred had the acquisition been completed at the beginning of the prior year. The amounts do not reflect anticipated operating cost savings, revenue enhancements, or other synergies expected to result from the acquisition. Actual results may differ from the unaudited pro forma information presented.


		Three Months Ended June 30,								Six Months Ended June 30,
(Dollars in thousands)		2026				2025				2026				2025
Net interest income		$	173,682			$	163,719			$	346,866			$	327,084
Noninterest income			17,423				17,721				34,937				36,646
Net income (1)			63,414				56,025				126,832				62,850