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Business Segments (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Financial Information by Business Segment

Condensed financial information by business segment is presented below:

(in thousands)		Community Banking				Trust and Investment Services				Consolidated
For the Year Ended December 31, 2022
Interest and dividend income		$	513,656			$	—			$	513,656
Interest expense			39,343				—				39,343
Net interest income			474,313				—				474,313
Provision for credit losses			(1,663	)			—				(1,663	)
Net interest income after provision for credit losses			475,976				—				475,976
Non-interest income			89,840				27,551				117,391
Non-interest expense			340,573				16,393				356,966
Income before provision for income taxes			225,243				11,158				236,401
Provision for income taxes			41,945				2,343				44,288
Net income			183,298				8,815				192,113
Preferred stock dividends			10,125				—				10,125
Net income available to common shareholders		$	173,173			$	8,815			$	181,988
For the Year Ended December 31, 2021
Interest and dividend income		$	484,967			$	—			$	484,967
Interest expense			27,034				—				27,034
Net interest income			457,933				—				457,933
Provision for credit losses			(64,274	)			—				(64,274	)
Net interest income after provision for credit losses			522,207				—				522,207
Non-interest income			103,274				29,511				132,785
Non-interest expense			336,766				16,377				353,143
Income before provision for income taxes			288,715				13,134				301,849
Provision for income taxes			56,831				2,758				59,589
Net income			231,884				10,376				242,260
Preferred stock dividends			10,125				—				10,125
Net income available to common shareholders		$	221,759			$	10,376			$	232,135
For the Year Ended December 31, 2020
Interest and dividend income		$	541,277			$	—			$	541,277
Interest expense			61,797				—				61,797
Net interest income			479,480				—				479,480
Provision for credit losses			107,741				—				107,741
Net interest income after provision for credit losses			371,739				—				371,739
Non-interest income			101,850				26,335				128,185
Non-interest expense			338,526				16,319				354,845
Income before provision for income taxes			135,063				10,016				145,079
Provision for income taxes			20,932				2,103				23,035
Net income			114,131				7,913				122,044
Preferred stock dividends			2,644				—				2,644
Net income available to common shareholders		$	111,487			$	7,913			$	119,400

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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- References

No definition available.

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