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BUSINESS SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

Following are the results of operations and the selected financial information by operating segment for the quarters and six-month periods ended June 30, 2022 and 2021:

			Quarter Ended June 30, 2022
			Banking						Wealth Management						Treasury						Total Major Segments						Eliminations						Consolidated Total
			(In thousands)
Interest income			$	109,292					$	5					$	12,925					$	122,222					$	—					$	122,222
Interest expense			(6,280)						—						(848)						(7,128)						—						(7,128)
Net interest income			103,012						5						12,077						115,094						—						115,094
Provision for credit losses			6,634						—						57						6,691						—						6,691
Non-interest income			27,802						8,408						—						36,210						—						36,210
Non-interest expenses			(79,656)						(4,795)						(807)						(85,258)						—						(85,258)
Intersegment revenue			543						—						—						543						(543)						—
Intersegment expenses			—						(376)						(167)						(543)						543						—
Income before income taxes			45,067						3,242						11,046						59,355						—						59,355
Income tax expense			18,580						—						343						18,923						—						18,923
Net income			$	26,487					$	3,242					$	10,703					$	40,432					$	—					$	40,432
Total assets			$	8,235,814					$	28,240					$	2,997,323					$	11,261,377					$	(1,013,603)					$	10,247,774
			Six-Month Period Ended June 30, 2022
			Banking						Wealth Management						Treasury						Total Major Segments						Eliminations						Consolidated Total
			(In thousands)
Interest income			$	216,115					$	10					$	19,046					$	235,171					$	—					$	235,171
Interest expense			(13,651)						—						(1,232)						(14,883)						—						(14,883)
Net interest income			202,464						10						17,814						220,288						—						220,288
Provision for (recapture of) credit losses			8,344						—						(102)						8,242						—						8,242
Non-interest income			51,352						16,414						50						67,816						—						67,816
Non-interest expenses			(155,447)						(9,380)						(1,586)						(166,413)						—						(166,413)
Intersegment revenue			1,057						—						—						1,057						(1,057)						—
Intersegment expenses			—						(719)						(338)						(1,057)						1,057						—
Income before income taxes			$	91,082					$	6,325					$	16,042					$	113,449					$	—					$	113,449
Income tax expense			35,062						—						434						35,496						—						35,496
Net income			$	56,020					$	6,325					$	15,608					$	77,953					$	—					$	77,953
Total assets			$	8,235,814					$	28,240					$	2,997,323					$	11,261,377					$	(1,013,603)					$	10,247,774

			Quarter Ended June 30, 2021
			Banking						Wealth Management						Treasury						Total Major Segments						Eliminations						Consolidated Total
			(In thousands)
Interest income			$	110,446					$	6					$	3,005					$	113,457					$	—					$	113,457
Interest expense			(10,712)						—						(494)						(11,206)						—						(11,206)
Net interest income			99,734						6						2,511						102,251						—						102,251
Provision for (recapture of) credit losses			(7,737)						—						(568)						(8,305)						—						(8,305)
Non-interest income			24,215						7,974						8						32,197						—						32,197
Non-interest expenses			(76,623)						(5,015)						(1,038)						(82,676)						—						(82,676)
Intersegment revenue			545						—						—						545						(545)						—
Intersegment expenses			—						(302)						(243)						(545)						545						—
Income before income taxes			55,608						2,663						1,806						60,077						—						60,077
Income tax expense			19,239						—						11						19,250						—						19,250
Net income			$	36,369					$	2,663					$	1,795					$	40,827					$	—					$	40,827
Total assets			$	8,271,348					$	31,165					$	3,232,968					$	11,535,481					$	(1,073,668)					$	10,461,813
			Six-Month Period Ended June 30, 2021
			Banking						Wealth Management						Treasury						Total Major Segments						Eliminations						Consolidated Total
			(In thousands)
Interest income			$	218,676					$	18					$	5,739					$	224,433					$	—					$	224,433
Interest expense			(22,848)						—						(1,136)						(23,984)						—						(23,984)
Net interest income			195,828						18						4,603						200,449						—						200,449
Provision for credit losses			(1,149)						—						(832)						(1,981)						—						(1,981)
Non-interest income			47,088						15,505						17						62,610						—						62,610
Non-interest expenses			(150,497)						(7,844)						(2,001)						(160,342)						—						(160,342)
Intersegment revenue			1,098						—						—						1,098						(1,098)						—
Intersegment expenses			—						(593)						(505)						(1,098)						1,098						—
Income before income taxes			$	94,666					$	7,086					$	2,946					$	104,698					$	—					$	104,698
Income tax expense			33,475						—						23						33,498						—						33,498
Net income			$	61,191					$	7,086					$	2,923					$	71,200					$	—					$	71,200
Total assets			$	8,271,348					$	31,165					$	3,232,968					$	11,535,481					$	(1,073,668)					$	10,461,813

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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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