Operating Segments (Tables)

6 Months Ended

Jun. 30, 2025

Schedule of Segment Reporting Information, by Segment

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, 2025						June 30, 2024
(In thousands)	Community and Commercial Banking		Other		Consolidated		Community and Commercial Banking		Other		Consolidated
Net interest income	$	172,390	$	(566)	$	171,824	$	153,762	$	143	$	153,905
Noninterest income	32,766		9,588		42,354		34,026		9,273		43,299
Total net revenue	205,156		9,022		214,178		187,788		9,416		197,204
Noninterest expense:
Salaries and employee benefits	69,176		4,686		73,862		65,907		4,809		70,716
Occupancy expense, net	11,361		483		11,844		11,420		444		11,864
Furniture and equipment expense	5,474		—		5,474		5,622		1		5,623
Deposit insurance	4,917		—		4,917		5,682		—		5,682
Other operating expenses (1)	40,871		1,621		42,492		43,842		1,627		45,469
Total noninterest expense	131,799		6,790		138,589		132,473		6,881		139,354
Income before provision for credit losses and income taxes	73,357		2,232		75,589		55,315		2,535		57,850
Provision for credit losses	11,945		—		11,945		11,099		—		11,099
Income tax expense	8,866		5		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, 2025						June 30, 2024
(In thousands)	Community and Commercial Banking		Other		Consolidated		Community and Commercial Banking		Other		Consolidated
Net interest income	$	335,262	$	(16)	$	335,246	$	305,681	$	130	$	305,811
Noninterest income	69,125		19,384		88,509		68,227		18,256		86,483
Total net revenue	404,387		19,368		423,755		373,908		18,386		392,294
Noninterest expense:
Salaries and employee benefits	139,200		9,486		148,686		134,150		9,219		143,369
Occupancy expense, net	23,535		960		24,495		23,227		895		24,122
Furniture and equipment expense	10,939		—		10,939		10,762		2		10,764
Deposit insurance	10,308		—		10,308		12,817		—		12,817
Other operating expenses (1)	85,790		2,951		88,741		84,867		3,294		88,161
Total noninterest expense	269,772		13,397		283,169		265,823		13,410		279,233
Income before provision for credit losses and income taxes	134,615		5,971		140,586		108,085		4,976		113,061
Provision for credit losses	38,742		—		38,742		21,305		—		21,305
Income tax expense	14,668		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 Banking		Other		Consolidated
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.