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BUSINESS SEGMENTS (Tables)

9 Months Ended

Sep. 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 nine-month periods ended September 30, 2022 and 2021:

			Quarter Ended September 30, 2022
			Banking						Wealth Management						Treasury						Total Major Segments						Eliminations						Consolidated Total
			(In thousands)
Interest income			$	117,939					$	6					$	18,829					$	136,774					$	(2,099)					$	134,675
Interest expense			(7,891)						—						(2,373)						(10,264)						2,099						(8,165)
Net interest income			110,048						6						16,456						126,510						—						126,510
Provision for credit losses			7,059						—						61						7,120						—						7,120
Non-interest income			22,310						8,310						—						30,620						—						30,620
Non-interest expenses			(82,026)						(4,635)						(831)						(87,492)						—						(87,492)
Intersegment revenue			588						—						—						588						(588)						—
Intersegment expenses			—						(412)						(176)						(588)						588						—
Income before income taxes			43,861						3,269						15,388						62,518						—						62,518
Income tax expense			20,589						1						9						20,599						—						20,599
Net income			$	23,272					$	3,268					$	15,379					$	41,919					$	—					$	41,919
Total assets			$	8,179,384					$	27,839					$	2,823,826					$	11,031,049					$	(972,870)					$	10,058,179
			Nine-Month Period Ended September 30, 2022
			Banking						Wealth Management						Treasury						Total Major Segments						Eliminations						Consolidated Total
			(In thousands)
Interest income			$	337,017					$	16					$	35,787					$	372,820					$	(2,974)					$	369,846
Interest expense			(21,796)						—						(4,226)						(26,022)						2,974						(23,048)
Net interest income			315,221						16						31,561						346,798						—						346,798
Provision for (recapture of) credit losses			15,403						—						(41)						15,362						—						15,362
Non-interest income			73,662						24,724						50						98,436						—						98,436
Non-interest expenses			(237,477)						(14,015)						(2,413)						(253,905)						—						(253,905)
Intersegment revenue			1,645						—						—						1,645						(1,645)						—
Intersegment expenses			—						(1,131)						(514)						(1,645)						1,645						—
Income before income taxes			$	137,648					$	9,594					$	28,725					$	175,967					$	—					$	175,967
Income tax expense			56,067						1						27						56,095						—						56,095
Net income			$	81,581					$	9,593					$	28,698					$	119,872					$	—					$	119,872
Total assets			$	8,179,384					$	27,839					$	2,823,826					$	11,031,049					$	(972,870)					$	10,058,179

			Quarter Ended September 30, 2021
			Banking						Wealth Management						Treasury						Total Major Segments						Eliminations						Consolidated Total
			(In thousands)
Interest income			$	108,475					$	7					$	3,653					$	112,135					$	—					$	112,135
Interest expense			(8,946)						—						(488)						(9,434)						—						(9,434)
Net interest income			99,529						7						3,165						102,701						—						102,701
Recapture of credit losses			(4,815)						—						(182)						(4,997)						—						(4,997)
Non-interest income			24,352						8,079						90						32,521						—						32,521
Non-interest expenses			(72,463)						(5,245)						(1,216)						(78,924)						—						(78,924)
Intersegment revenue			616						—						—						616						(616)						—
Intersegment expenses			—						(318)						(298)						(616)						616						—
Income before income taxes			56,849						2,523						1,923						61,295						—						61,295
Income tax expense			19,614						—						10						19,624						—						19,624
Net income			$	37,235					$	2,523					$	1,913					$	41,671					$	—					$	41,671
Total assets			$	8,116,648					$	24,581					$	3,558,568					$	11,699,797					$	(1,092,932)					$	10,606,865
			Nine-Month Period Ended September 30, 2021
			Banking						Wealth Management						Treasury						Total Major Segments						Eliminations						Consolidated Total
			(In thousands)
Interest income			$	327,151					$	25					$	9,392					$	336,568					$	—					$	336,568
Interest expense			(31,794)						—						(1,624)						(33,418)						—						(33,418)
Net interest income			295,357						25						7,768						303,150						—						303,150
Recapture of credit losses			(5,964)						—						(1,014)						(6,978)						—						(6,978)
Non-interest income			71,440						23,584						107						95,131						—						95,131
Non-interest expenses			(222,960)						(13,089)						(3,217)						(239,266)						—						(239,266)
Intersegment revenue			1,714						—						—						1,714						(1,714)						—
Intersegment expenses			—						(911)						(803)						(1,714)						1,714						—
Income before income taxes			$	151,515					$	9,609					$	4,869					$	165,993					$	—					$	165,993
Income tax expense			53,089						—						33						53,122						—						53,122
Net income			$	98,426					$	9,609					$	4,836					$	112,871					$	—					$	112,871
Total assets			$	8,116,648					$	24,581					$	3,558,568					$	11,699,797					$	(1,092,932)					$	10,606,865

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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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