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Income Taxes (Tables)

3 Months Ended

Mar. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Provision for Income Taxes

The provision for income taxes is comprised of the following components for the periods indicated below:

									Three Months Ended March 31,
(In thousands)															2025						2024
Income taxes currently payable															$	6,899					$	5,755
Deferred income taxes															(1,087)						379
Provision for income taxes															$	5,812					$	6,134

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences between the tax basis of assets and liabilities and their financial reporting amounts that give rise to deferred income tax assets and liabilities, and their approximate tax effects, are as follows: 

			March 31,						December 31,
(In thousands)			2025						2024
Deferred tax assets:
Loans acquired			$	1,884					$	2,141
Allowance for credit losses			59,152						55,196
Valuation of foreclosed assets			374						374
Tax NOLs from acquisition			10,210						9,945
Deferred compensation payable			3,978						3,989
Accrued equity and other compensation			5,493						9,323
Acquired securities			7,504						7,504
Right-of-use lease liability			15,577						16,416
Unrealized loss on AFS securities			125,565						128,873
Allowance for unfunded commitments			6,069						6,069
Other			7,154						7,163
Gross deferred tax assets			242,960						246,993
Deferred tax liabilities:
Goodwill and other intangible amortization			(37,575)						(38,139)
Accumulated depreciation			(24,529)						(24,489)
Right-of-use lease asset			(15,058)						(15,920)
Unrealized gain on swaps			(20,624)						(25,174)
Other			(12,842)						(13,268)
Gross deferred tax liabilities			(110,628)						(116,990)
Net deferred tax asset			$	132,332					$	130,003

Schedule of Reconciliation of Income Tax Expense

A reconciliation of income tax expense at the statutory rate to the Company’s actual income tax expense is shown for the periods indicated below:

									Three Months Ended March 31,
(In thousands)															2025						2024
Computed at the statutory rate (21%)															$	8,022					$	9,451
Increase (decrease) in taxes resulting from:
State income taxes, net of federal tax benefit															(272)						(425)
Discrete items related to share-based compensation															195						454
Tax exempt interest income															(3,808)						(3,867)
Tax exempt earnings on BOLI															(796)						(840)
Federal tax credits															(647)						(560)
Other differences, net															3,118						1,921
Actual tax provision															$	5,812					$	6,134

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
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-Name Accounting Standards Codification
-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

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