XML 32 R20.htm IDEA: XBRL DOCUMENT
v3.25.1

Non-interest Income and Expense | 3 Months Ended
--- | ---
Mar. 31, 2025
Other Income and Expenses [Abstract] |
Non-interest Income and Expense | Non-interest Income and Expense The following table summarizes the Company’s non-interest income for the periods indicated:
| Three months ended March 31, |  |
(in thousands) | 2025 |  | 2024 |  |  |  |
ATM and interchange fees | $ | 6,106 |  |  | $ | 6,169 |  |  |  |  |
Service charges on deposit accounts | 4,914 |  |  | 4,663 |  |  |  |  |
Other service fees | 1,359 |  |  | 1,366 |  |  |  |  |
Mortgage banking service fees | 439 |  |  | 428 |  |  |  |  |
Change in value of mortgage servicing rights | (140) |  |  | 11 |  |  |  |  |
Total service charges and fees | 12,678 |  |  | 12,637 |  |  |  |  |
Increase in cash value of life insurance | 820 |  |  | 803 |  |  |  |  |
Asset management and commission income | 1,488 |  |  | 1,128 |  |  |  |  |
Gain on sale of loans | 344 |  |  | 261 |  |  |  |  |
Lease brokerage income | 66 |  |  | 161 |  |  |  |  |
Sale of customer checks | 345 |  |  | 312 |  |  |  |  |
(Loss) gain on sale or exchange of investment securities | (1,146) |  |  | — |  |  |  |  |
(Loss) gain on marketable equity securities | 39 |  |  | (28) |  |  |  |  |
Other | 1,439 |  |  | 497 |  |  |  |  |
Total other non-interest income | 3,395 |  |  | 3,134 |  |  |  |  |
Total non-interest income | $ | 16,073 |  |  | $ | 15,771 |  |  |  |  |
The components of non-interest expense were as follows:
| Three months ended March 31, |  |
(in thousands) | 2025 |  | 2024 |  |  |  |
Base salaries, net of deferred loan origination costs | $ | 25,401 |  |  | $ | 24,020 |  |  |  |  |
Incentive compensation | 4,038 |  |  | 3,257 |  |  |  |  |
Benefits and other compensation costs | 7,416 |  |  | 7,027 |  |  |  |  |
Total salaries and benefits expense | 36,855 |  |  | 34,304 |  |  |  |  |
Occupancy | 4,077 |  |  | 3,951 |  |  |  |  |
Data processing and software | 5,058 |  |  | 5,107 |  |  |  |  |
Equipment | 1,284 |  |  | 1,356 |  |  |  |  |
Intangible amortization | 514 |  |  | 1,030 |  |  |  |  |
Advertising | 1,204 |  |  | 762 |  |  |  |  |
ATM and POS network charges | 1,851 |  |  | 1,661 |  |  |  |  |
Professional fees | 1,518 |  |  | 1,340 |  |  |  |  |
Telecommunications | 488 |  |  | 511 |  |  |  |  |
Regulatory assessments and insurance | 1,283 |  |  | 1,251 |  |  |  |  |
Postage | 320 |  |  | 308 |  |  |  |  |
Operational losses | 424 |  |  | 352 |  |  |  |  |
Courier service | 488 |  |  | 480 |  |  |  |  |
(Gain) loss on sale or acquisition of foreclosed assets | (3) |  |  | (38) |  |  |  |  |
(Gain) loss on disposal of fixed assets | 85 |  |  | 5 |  |  |  |  |
Other miscellaneous expense | 4,139 |  |  | 4,124 |  |  |  |  |
Total other non-interest expense | 22,730 |  |  | 22,200 |  |  |  |  |
Total non-interest expense | $ | 59,585 |  |  | $ | 56,504 |  |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 720 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/720/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Topic 610 -Publisher FASB -URI https://asc.fasb.org/610/tableOfContent + Details
Name: | us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration