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Operating Segments
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Operating Segments OPERATING SEGMENTS
Operating segments are components of an enterprise about which separate financial information is available that is regularly evaluated by the chief operating decision maker (“CODM”) in deciding how to allocate resources and in assessing performance. The Company is organized with community and commercial banking groups. Each of these groups provide one or more similar banking services, including such products and services as loans; time deposits, checking and savings accounts; treasury management; and credit cards. Loan products include consumer, real estate, commercial, agricultural, equipment, warehouse lending and SBA lending. The individual banking groups have similar operating and economic characteristics. While the CODM monitors the revenue streams of the various products, services, branch locations, divisions and groups, operations are managed, financial performance is evaluated, and management makes decisions on how to allocate resources, on a Company-wide basis. Accordingly, the respective groups are considered by management to be aggregated into one reportable operating segment.

The Company also considers its wealth group, which provides trust and investment services, as well as insurance services, to be operating segments. Information on these segments is not reported separately since they do not meet the quantitative thresholds under ASC Topic 280-10-50-12, and, as a result, are reported within “Other” in the following table.

The Company’s CODM is the chief executive officer. The CODM evaluates the performance of the Company’s reportable operating segments using net interest income and net income. The CODM analyzes on the spread between interest revenue and interest expense (net interest income) to assess performance and to allocate operating and capital resources. Therefore, interest revenue is presented net of interest expense. Additionally, the CODM reviews budgeted net income versus actual net income of the Company to allocate resources to meet the Company’s strategic objectives.
The following table provides a summary of the Company’s reportable operating segment results for the three and six months ended June 30, 2025 and 2024.

Three Months Ended
June 30, 2025June 30, 2024
(In thousands)Community and Commercial BankingOtherConsolidatedCommunity and Commercial BankingOtherConsolidated
Net interest income$172,390 $(566)$171,824 $153,762 $143 $153,905 
Noninterest income32,766 9,588 42,354 34,026 9,273 43,299 
Total net revenue205,156 9,022 214,178 187,788 9,416 197,204 
Noninterest expense:
Salaries and employee benefits69,176 4,686 73,862 65,907 4,809 70,716 
Occupancy expense, net11,361 483 11,844 11,420 444 11,864 
Furniture and equipment expense5,474 — 5,474 5,622 5,623 
Deposit insurance4,917 — 4,917 5,682 — 5,682 
Other operating expenses (1)
40,871 1,621 42,492 43,842 1,627 45,469 
Total noninterest expense131,799 6,790 138,589 132,473 6,881 139,354 
Income before provision for credit losses and income taxes73,357 2,232 75,589 55,315 2,535 57,850 
Provision for credit losses11,945 — 11,945 11,099 — 11,099 
Income tax expense8,866 8,871 5,969 19 5,988 
Net income$52,546 $2,227 $54,773 $38,247 $2,516 $40,763 
Six Months Ended
June 30, 2025June 30, 2024
(In thousands)Community and Commercial BankingOtherConsolidatedCommunity and Commercial BankingOtherConsolidated
Net interest income$335,262 $(16)$335,246 $305,681 $130 $305,811 
Noninterest income69,125 19,384 88,509 68,227 18,256 86,483 
Total net revenue404,387 19,368 423,755 373,908 18,386 392,294 
Noninterest expense:
Salaries and employee benefits139,200 9,486 148,686 134,150 9,219 143,369 
Occupancy expense, net23,535 960 24,495 23,227 895 24,122 
Furniture and equipment expense10,939 — 10,939 10,762 10,764 
Deposit insurance10,308 — 10,308 12,817 — 12,817 
Other operating expenses (1)
85,790 2,951 88,741 84,867 3,294 88,161 
Total noninterest expense269,772 13,397 283,169 265,823 13,410 279,233 
Income before provision for credit losses and income taxes134,615 5,971 140,586 108,085 4,976 113,061 
Provision for credit losses38,742 — 38,742 21,305 — 21,305 
Income tax expense14,668 15 14,683 12,074 48 12,122 
Net income$81,205 $5,956 $87,161 $74,706 $4,928 $79,634 
(In thousands)Community and Commercial BankingOtherConsolidated
Assets as of:
June 30, 2025$26,686,838 $6,782 $26,693,620 
June 30, 2024$27,362,115 $6,957 $27,369,072 
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(1)    Other operating expenses primarily include professional services, marketing, software and technology, amortization of intangibles and other general operating expenses.