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v3.23.3

Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2023
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | Significant segment totals are reconciled to the financial statements as follows for the three months ended September 30,:
| Banking |  | Mortgage Operations |  | Corporate |  | Total Segments
2023 |  |  |  |  |  |  |
Summary of Operations |  |  |  |  |  |  |
Net interest income (loss) | $ | 73,496 |  |  | $ | 1,171 |  |  | $ | (1,257) |  |  | $ | 73,410 |
Provision (benefit) for credit losses | 6,319 |  |  | (2,429) |  |  | — |  |  | 3,890 |
Noninterest income: |  |  |  |  |  |  |
Service charges on deposit accounts | 5,475 |  |  | — |  |  | — |  |  | 5,475 |
Credit and debit card fees | 2,996 |  |  | — |  |  | — |  |  | 2,996 |
Trust and investment advisory fees | 1,398 |  |  | — |  |  | — |  |  | 1,398 |
Income from mortgage banking services, net | (526) |  |  | 7,939 |  |  | — |  |  | 7,413 |
Other noninterest income | 1,368 |  |  | — |  |  | — |  |  | 1,368 |
Total noninterest income | 10,711 |  |  | 7,939 |  |  | — |  |  | 18,650 |
Noninterest expense: |  |  |  |  |  |  |
Salary and employee benefits | 27,701 |  |  | 5,844 |  |  | 423 |  |  | 33,968 |
Occupancy and equipment | 7,449 |  |  | 707 |  |  | 60 |  |  | 8,216 |
Other noninterest expenses | 9,990 |  |  | 3,820 |  |  | 182 |  |  | 13,992 |
Total noninterest expense | 45,140 |  |  | 10,371 |  |  | 665 |  |  | 56,176 |
Income (loss) before income taxes | $ | 32,748 |  |  | $ | 1,168 |  |  | $ | (1,922) |  |  | $ | 31,994 |
Other Information |  |  |  |  |  |  |
Depreciation expense | $ | 1,567 |  |  | $ | 57 |  |  | $ | — |  |  | $ | 1,624 |
Identifiable assets | $ | 6,824,853 |  |  | $ | 871,032 |  |  | $ | 60,990 |  |  | $ | 7,756,875 |
| Banking |  | Mortgage Operations |  | Corporate |  | Total Segments
2022 |  |  |  |  |  |  |
Summary of Operations |  |  |  |  |  |  |
Net interest income (loss) | $ | 68,159 |  |  | $ | 1,492 |  |  | $ | (1,165) |  |  | $ | 68,486 |
Provision for credit losses | 3,223 |  |  | 527 |  |  | — |  |  | 3,750 |
Noninterest income: |  |  |  |  |  |  |
Service charges on deposit accounts | 4,807 |  |  | — |  |  | — |  |  | 4,807 |
Credit and debit card fees | 3,103 |  |  | — |  |  | — |  |  | 3,103 |
Trust and investment advisory fees | 1,552 |  |  | — |  |  | — |  |  | 1,552 |
Income from mortgage banking services, net | (701) |  |  | 14,486 |  |  | — |  |  | 13,785 |
Other noninterest income | 1,706 |  |  | — |  |  | — |  |  | 1,706 |
Total noninterest income | 10,467 |  |  | 14,486 |  |  | — |  |  | 24,953 |
Noninterest expense: |  |  |  |  |  |  |
Salary and employee benefits | 23,210 |  |  | 8,922 |  |  | 376 |  |  | 32,508 |
Occupancy | 7,190 |  |  | 988 |  |  | 38 |  |  | 8,216 |
Other noninterest expenses | 11,146 |  |  | 3,314 |  |  | 364 |  |  | 14,824 |
Total noninterest expense | 41,546 |  |  | 13,224 |  |  | 778 |  |  | 55,548 |
Income (loss) before income taxes | $ | 33,857 |  |  | $ | 2,227 |  |  | $ | (1,943) |  |  | $ | 34,141 |
Other Information |  |  |  |  |  |  |
Depreciation expense | $ | 1,839 |  |  | $ | 81 |  |  | $ | — |  |  | $ | 1,920 |
Identifiable assets | $ | 6,315,984 |  |  | $ | 693,473 |  |  | $ | 43,460 |  |  | $ | 7,052,917 |
Significant segment totals are reconciled to the financial statements as follows for the nine months ended September 30,:
| Banking |  | Mortgage Operations |  | Corporate |  | Total Segments
2023 |  |  |  |  |  |  |
Summary of Operations |  |  |  |  |  |  |
Net interest income (loss) | $ | 220,608 |  |  | $ | 4,532 |  |  | $ | (3,778) |  |  | $ | 221,362 |
Provision (benefit) for credit losses | 12,382 |  |  | (710) |  |  | — |  |  | 11,672 |
Noninterest income: |  |  |  |  |  |  |
Service charges on deposit accounts | 15,848 |  |  | — |  |  | — |  |  | 15,848 |
Credit and debit card fees | 9,033 |  |  | 1 |  |  | — |  |  | 9,034 |
Trust and investment advisory fees | 4,337 |  |  | — |  |  | — |  |  | 4,337 |
Income from mortgage banking services, net | (1,126) |  |  | 27,627 |  |  | — |  |  | 26,501 |
Other noninterest income | 6,151 |  |  | — |  |  | — |  |  | 6,151 |
Total noninterest income | 34,243 |  |  | 27,628 |  |  | — |  |  | 61,871 |
Noninterest expense: |  |  |  |  |  |  |
Salary and employee benefits | 81,667 |  |  | 19,868 |  |  | 1,538 |  |  | 103,073 |
Occupancy and equipment | 22,105 |  |  | 2,088 |  |  | 145 |  |  | 24,338 |
Other noninterest expenses | 30,293 |  |  | 11,155 |  |  | 1,626 |  |  | 43,074 |
Total noninterest expense | 134,065 |  |  | 33,111 |  |  | 3,309 |  |  | 170,485 |
Income (loss) before income taxes | $ | 108,404 |  |  | $ | (241) |  |  | $ | (7,087) |  |  | $ | 101,076 |
Other Information |  |  |  |  |  |  |
Depreciation expense | $ | 4,870 |  |  | $ | 177 |  |  | $ | — |  |  | $ | 5,047 |
Identifiable assets | $ | 6,824,853 |  |  | $ | 871,032 |  |  | $ | 60,990 |  |  | $ | 7,756,875 |
| Banking |  | Mortgage Operations |  | Corporate |  | Total Segments
2022 |  |  |  |  |  |  |
Summary of Operations |  |  |  |  |  |  |
Net interest income (loss) | $ | 167,606 |  |  | $ | 5,193 |  |  | $ | (4,443) |  |  | $ | 168,356 |
Provision for credit losses | 9,853 |  |  | 2,597 |  |  | — |  |  | 12,450 |
Noninterest income: |  |  |  |  |  |  |
Service charges on deposit accounts | 13,111 |  |  | — |  |  | — |  |  | 13,111 |
Credit and debit card fees | 8,508 |  |  | — |  |  | — |  |  | 8,508 |
Trust and investment advisory fees | 5,408 |  |  | — |  |  | — |  |  | 5,408 |
Income from mortgage banking services, net | (1,972) |  |  | 41,989 |  |  | — |  |  | 40,017 |
Other noninterest income | 3,913 |  |  | (9) |  |  | — |  |  | 3,904 |
Total noninterest income | 28,968 |  |  | 41,980 |  |  | — |  |  | 70,948 |
Noninterest expense: |  |  |  |  |  |  |
Salary and employee benefits | 69,880 |  |  | 30,854 |  |  | 1,247 |  |  | 101,981 |
Occupancy | 19,937 |  |  | 2,826 |  |  | 39 |  |  | 22,802 |
Other noninterest expenses | 46,203 |  |  | 10,439 |  |  | 2,258 |  |  | 58,900 |
Total noninterest expense | 136,020 |  |  | 44,119 |  |  | 3,544 |  |  | 183,683 |
Income (loss) before income taxes | $ | 50,701 |  |  | $ | 457 |  |  | $ | (7,987) |  |  | $ | 43,171 |
Other Information |  |  |  |  |  |  |
Depreciation expense | $ | 5,011 |  |  | $ | 294 |  |  | $ | — |  |  | $ | 5,305 |
Identifiable assets | $ | 6,315,984 |  |  | $ | 693,473 |  |  | $ | 43,460 |  |  | $ | 7,052,917 |

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