Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2024

Information about reportable segments and reconciliation of the information to the consolidated financial statements follows:

	December 31, 2024
(In thousands)	Banking		Retirement Plan Administration		All Other⁽¹⁾			Consolidated
Net interest income	$	400,048	$	74	$	-		$	400,122
Provision for loan losses		19,607		-		-			19,607
Net interest income after provision for loan losses	$	380,441	$	74	$	-		$	380,515
Noninterest income
Service charges on deposit accounts	$	17,087	$	-	$	-		$	17,087
Card services income		22,331		-		-			22,331
Retirement plan administration fees		-		58,099		(1,512	)		56,587
Wealth management		39,502		2,092		47			41,641
Insurance services		1		-		17,031			17,032
Bank owned life insurance income		8,325		-		-			8,325
Net securities gains (losses)		2,789		-		-			2,789
Other		19,091		527		(8,586	)		11,032
Total noninterest income	$	109,126	$	60,718	$	6,980		$	176,824
Noninterest expense
Salaries and employee benefits	$	188,157	$	33,405	$	10,925		$	232,487
Technology and data services		37,365		1,112		662			39,139
Occupancy		29,985		1,067		257			31,309
Professional fees and outside services		18,611		1,826		(1,305	)		19,132
Office supplies and postage		7,020		437		68			7,525
FDIC assessment		6,765		-		-			6,765
Advertising		3,312		52		22			3,386
Amortization of intangible assets		6,419		1,871		153			8,443
Loan collection and other real estate owned, net		2,505		-		-			2,505
Acquisition expenses		1,531		-		-			1,531
Other		32,594		1,138		(8,073	)		25,659
Total noninterest expense	$	334,264	$	40,908	$	2,709		$	377,881
Income before income tax expense	$	155,303	$	19,884	$	4,271		$	179,458
Income tax expense		34,117		4,293		407			38,817
Net income	$	121,186	$	15,591	$	3,864		$	140,641
Goodwill	$	324,250	$	23,877	$	14,536		$	362,663
Intangible assets, net		27,553		7,533		1,274			36,360
Total assets		15,475,117		53,584		(1,742,035	)		13,786,666

(1)	Included in All Other is the revenue and expenses from certain other non-bank subsidiaries of the parent, including the insurance subsidiary, along with eliminating amounts that do not meet the definition of an operating segment.

	December 31, 2023
(In thousands)	Banking			Retirement Plan Administration		All Other⁽¹⁾			Consolidated
Net interest income	$	378,165		$	54	$	-		$	378,219
Provision for loan losses		25,274			-		-			25,274
Net interest income after provision for loan losses	$	352,891		$	54	$	-		$	352,945
Noninterest income
Service charges on deposit accounts	$	15,425		$	-	$	-		$	15,425
Card services income		20,829			-		-			20,829
Retirement plan administration fees		-			48,579		(1,358	)		47,221
Wealth management		32,770			1,952		41			34,763
Insurance services		2			-		15,665			15,667
Bank owned life insurance income		6,750			-		-			6,750
Net securities gains (losses)		(9,315	)		-		-			(9,315	)
Other		19,882			657		(9,701	)		10,838
Total noninterest income	$	86,343		$	51,188	$	4,647		$	142,178
Noninterest expense
Salaries and employee benefits	$	154,972		$	29,377	$	9,901		$	194,250
Technology and data services		36,428			1,135		600			38,163
Occupancy		27,097			1,048		263			28,408
Professional fees and outside services		16,879			1,899		(1,177	)		17,601
Office supplies and postage		6,460			372		85			6,917
FDIC assessment		6,257			-		-			6,257
Advertising		2,903			38		113			3,054
Amortization of intangible assets		3,053			1,603		78			4,734
Loan collection and other real estate owned, net		2,618			-		-			2,618
Acquisition expenses		9,978			-		-			9,978
Other		37,801			1,005		(9,122	)		29,684
Total noninterest expense	$	304,446		$	36,477	$	741		$	341,664
Income before income tax expense	$	134,788		$	14,765	$	3,906		$	153,459
Income tax expense		31,038			3,065		574			34,677
Net income	$	103,750		$	11,700	$	3,332		$	118,782
Goodwill	$	324,250		$	23,224	$	14,377		$	361,851
Intangible assets, net		33,972			6,114		357			40,443
Total assets		14,905,900			36,553		(1,633,413	)		13,309,040

(1)	Included in All Other is the revenue and expenses from certain other non-bank subsidiaries of the parent, including the insurance subsidiary, along with eliminating amounts that do not meet the definition of an operating segment.

	December 31, 2022
(In thousands)	Banking			Retirement Plan Administration		All Other⁽¹⁾			Consolidated
Net interest income	$	362,179		$	11	$	-		$	362,190
Provision for loan losses		17,147			-		-			17,147
Net interest income after provision for loan losses	$	345,032		$	11	$	-		$	345,043
Noninterest income
Service charges on deposit accounts	$	14,630		$	-	$	-		$	14,630
Card services income		29,058			-		-			29,058
Retirement plan administration fees		-			49,291		(1,179	)		48,112
Wealth management		31,309			1,958		44			33,311
Insurance services		2			-		14,694			14,696
Bank owned life insurance income		6,044			-		-			6,044
Net securities gains (losses)		(1,131	)		-		-			(1,131	)
Other		14,753			491		(4,386	)		10,858
Total noninterest income	$	94,665		$	51,740	$	9,173		$	155,578
Noninterest expense
Salaries and employee benefits	$	151,521		$	26,870	$	9,439		$	187,830
Technology and data services		34,024			1,212		476			35,712
Occupancy		25,068			959		255			26,282
Professional fees and outside services		16,047			1,794		(1,031	)		16,810
Office supplies and postage		5,716			355		69			6,140
FDIC assessment		3,197			-		-			3,197
Advertising		2,657			34		131			2,822
Amortization of intangible assets		583			1,617		63			2,263
Loan collection and other real estate owned, net		2,647			-		-			2,647
Acquisition expenses		967			-		-			967
Other		22,681			1,058		(3,944	)		19,795
Total noninterest expense	$	265,108		$	33,899	$	5,458		$	304,465
Income before income tax expense	$	174,589		$	17,852	$	3,715		$	196,156
Income tax expense		40,054			3,619		488			44,161
Net income	$	134,535		$	14,233	$	3,227		$	151,995
Goodwill	$	244,509		$	22,318	$	14,377		$	281,204
Intangible assets, net		1,183			5,873		285			7,341
Total assets		13,067,505			45,917		(1,374,126	)		11,739,296

(1)	Included in All Other is the revenue and expenses from certain other non-bank subsidiaries of the parent, including the insurance subsidiary, along with eliminating amounts that do not meet the definition of an operating segment.