v3.26.3
SEGMENT REPORTING (Tables)
9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of segment data
The following presents the financial information for each segment that is specifically identifiable or based on allocations using internal methods as of or during the periods presented (dollars in thousands):
As of or for the three months ended September 30, 2026Wealth
Management
MortgageConsolidated
Income Statement
Total interest income$43,663 $291 $43,954 
Total interest expense20,994 — 20,994 
Provision for credit losses647 — 647 
Net interest income, after provision for credit losses22,022 291 22,313 
Net (loss) gain on mortgage loans(33)516 483 
All other non-interest income(1)
5,323 — 5,323 
Total income before non-interest expense27,312 807 28,119 
Salaries and employee benefits expense11,777 927 12,704 
Depreciation and amortization expense648 8 656 
All other non-interest expense(2)
7,114 366 7,480 
Income (loss) before income taxes$7,773 $(494)$7,279 
Goodwill$30,400 $— $30,400 
Total assets$3,399,996 $20,846 $3,420,842 
______________________________________
(1)All other non-interest income for Wealth Management primarily includes Trust and investment management fees and Bank fees.
(2)All other non-interest expense for Wealth Management primarily includes Occupancy and equipment, Professional services, Technology and information systems, Data processing, and Other. All other non-interest expense for Mortgage primarily includes Data processing, Occupancy and equipment, and Other.
As of or for the three months ended September 30, 2025Wealth
Management
MortgageConsolidated
Income Statement
Total interest income$42,407 $367 $42,774 
Total interest expense23,320 — 23,320 
Provision for credit losses2,257 — 2,257 
Net interest income, after provision for credit losses16,830 367 17,197 
Net (loss) gain on mortgage loans(53)1,447 1,394 
All other non-interest income(1)
5,448 — 5,448 
Total income before non-interest expense22,225 1,814 24,039 
Salaries and employee benefits expense10,945 939 11,884 
Depreciation and amortization expense640 5 645 
All other non-interest expense(2)
7,160 385 7,545 
Income before income taxes$3,480 $485 $3,965 
Goodwill$30,400 $— $30,400 
Total assets $3,216,173 $24,251 $3,240,424 
______________________________________
(1)All other non-interest income for Wealth Management primarily includes Trust and investment management fees, Bank fees, and Other.
(2)All other non-interest expense for Wealth Management primarily includes Occupancy and equipment, Professional services, Data processing, Technology and information systems, and Other. All other non-interest expense for Mortgage primarily includes Data processing, Occupancy and equipment, and Other.
As of or for the nine months ended September 30, 2026Wealth
Management
MortgageConsolidated
Income Statement
Total interest income$125,902 $1,010 $126,912 
Total interest expense61,305 — 61,305 
Release of provision for credit losses(550)— (550)
Net interest income, after release of provision for credit losses65,147 1,010 66,157 
Net (loss) gain on mortgage loans(54)2,901 2,847 
All other non-interest income(1)
15,995 5 16,000 
Total income before non-interest expense81,088 3,916 85,004 
Salaries and employee benefits expense35,431 3,242 38,673 
Depreciation and amortization expense1,932 17 1,949 
All other non-interest expense(2)
20,413 1,186 21,599 
Income (loss) before income taxes$23,312 $(529)$22,783 
Goodwill$30,400 $— $30,400 
Total assets3,399,996 20,846 3,420,842 
______________________________________
(1)All other non-interest income for Wealth Management primarily includes Trust and investment management fees, Bank fees, Risk management and Insurance fees, and Income on company-owned life insurance.
(2)All other non-interest expense for Wealth Management primarily includes Occupancy and equipment, Professional services, Technology and information systems, Data processing, and Other. All other non-interest expense for Mortgage primarily includes Data processing, Occupancy and equipment, and Other.
As of or for the nine months ended September 30, 2025Wealth
Management
MortgageConsolidated
Income Statement
Total interest income$116,623 $860 $117,483 
Total interest expense62,692 — 62,692 
Provision for credit losses4,110 — 4,110 
Net interest income, after provision for credit losses49,821 860 50,681 
Net (loss) gain on mortgage loans(110)3,758 3,648 
All other non-interest income(1)
16,844 — 16,844 
Total income before non-interest expense66,555 4,618 71,173 
Salaries and employee benefits expense31,706 2,677 34,383 
Depreciation and amortization expense1,995 15 2,010 
All other non-interest expense(2)
20,979 1,162 22,141 
Income before income taxes$11,875 $764 $12,639 
Goodwill$30,400 $— $30,400 
Total assets 3,216,173 24,251 3,240,424 
______________________________________
(1)All other non-interest income for Wealth Management primarily includes Trust and investment management fees, Bank fees, and Net gain on other real estate owned.
(2)All other non-interest expense for Wealth Management primarily includes Occupancy and equipment, Professional services, Data processing, Technology and information systems, and Other. All other non-interest expense for Mortgage primarily includes Data processing, Occupancy and equipment, and Other.