Segment and Related Information (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Segment and Related Information

Summarized financial information concerning the Company’s reportable segments and the reconciliation to the Company’s consolidated results is shown in the following tables. Investment in subsidiaries is netted out of the presentations below. The “Intercompany” column identifies the intercompany activities of revenues, expenses and other assets between the banking, insurance and wealth management services segments. The Company accounts for intercompany fees and services at an estimated fair value according to regulatory requirements for the services provided. Intercompany items relate primarily to the use of human resources, information systems, accounting and marketing services provided by the bank and the holding company. All other accounting policies are the same as those described in the summary of significant accounting policies in the Company's Annual Report on Form 10-K for the year ended December 31, 2025.


Three months ended March 31, 2026
(In thousands)	Banking		Wealth Management		Intercompany		Consolidated
Interest income	$	102,669	$	0	$	0	$	102,669
Interest expense	30,808		0		0		30,808
Net interest income	71,861		0		0		71,861
Provision for credit loss expense	1,502		0		0		1,502
Noninterest income	6,468		5,366		0		11,834
Noninterest expense	43,578		4,148		0		47,726
Income before income tax expense	33,249		1,218		0		34,467
Income tax expense	8,089		304		0		8,393


Net Income	$	25,160	$	914	$	0	$	26,074
Depreciation and amortization	$	2,261	$	46	$	0	$	2,307
Assets	8,666,640		29,121		0		8,695,761
Goodwill	64,525		8,211		0		72,736
Other intangibles, net	1,833		0		0		1,833
Net loans and leases	6,419,835		0		0		6,419,835
Deposits	7,054,239		0		(67)		7,054,172
Total Equity	920,303		26,438		0		946,741


Three months ended March 31, 2025
(In thousands)	Banking		Insurance		Wealth Management		Intercompany		Consolidated
Interest income	$	89,462	$	1	$	0	$	(1)	$	89,462
Interest expense	32,801		0		0		(1)		32,800
Net interest income	56,661		1		0		0		56,662
Provision for credit loss expense	5,287		0		0		0		5,287
Noninterest income	8,645		11,703		5,213		(529)		25,032
Noninterest expense	39,693		7,325		4,118		(529)		50,607
Income before income tax expense	20,326		4,379		1,095		0		25,800
Income tax expense	4,642		1,205		274		0		6,121


Net Income	$	15,684	$	3,174	$	821	$	0	$	19,679
Depreciation and amortization	$	2,105	$	46	$	44	$	0	$	2,195
Assets	8,141,375		44,496		29,304		(15,522)		8,199,653
Goodwill	64,524		19,867		8,211		0		92,602
Other intangibles, net	1,222		935		19		0		2,176
Net loans and leases	6,005,622		0		0		0		6,005,622
Deposits	6,768,704		0		0		(15,202)		6,753,502
Total Equity	678,242		36,669		26,466		0		741,377