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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting

The following tables provide reportable segment-specific information, as well as the Other Segment, and reconciliations to the condensed consolidated financial information for the three and nine months ended September 30, 2025 and 2024.

			Three Months Ended
			September 30, 2025
(Dollars in thousands)			Banking						Wealth Management						Insurance						Other						Consolidated
Interest income			$	109,632					$	16					$	—					$	—					$	109,648
Interest expense			45,765						—						—						2,559						48,324
Net interest income (expense)			63,867						16						—						(2,559)						61,324
Noninterest income			8,455						7,960						5,476						32						21,923
Total revenue			72,322						7,976						5,476						(2,527)						83,247
Provision for credit losses			517						—						—						—						517
Less: (1)
Salaries, benefits and commissions			18,829						4,435						3,703						4,685						31,652
Net occupancy			2,121						123						163						268						2,675
Equipment			924						9						21						122						1,076
Data processing			2,494						376						144						1,249						4,263
Professional fees			633						245						10						988						1,876
Marketing and advertising			173						28						—						122						323
Deposit insurance premiums			1,195						—						—						—						1,195
Intangible expense			23						—						83						—						106
Other segment items (2)			5,988						515						150						850						7,503
Intersegment expense (revenue) (3)			6,929						129						124						(7,182)						—
Income (loss) before income taxes			$	32,496					$	2,116					$	1,078					$	(3,629)					$	32,061
Income tax expense (benefit)			6,488						428						236						(730)						6,422
Net income (loss)			$	26,008					$	1,688					$	842					$	(2,899)					$	25,639
Net capital expenditures			$	395					$	4					$	13					$	89					$	501

			Three Months Ended
			September 30, 2024
(Dollars in thousands)			Banking						Wealth Management						Insurance						Other						Consolidated
Interest income			$	106,419					$	19					$	—					$	—					$	106,438
Interest expense			50,953						—						—						2,281						53,234
Net interest income (expense)			55,466						19						—						(2,281)						53,204
Noninterest income			6,733						8,029						5,247						141						20,150
Total revenue			62,199						8,048						5,247						(2,140)						73,354
Provision for credit losses			1,414						—						—						—						1,414
Less: (1)
Salaries, benefits and commissions			18,329						4,456						3,431						4,486						30,702
Net occupancy			2,332						77						149						165						2,723
Equipment			1,007						11						24						65						1,107
Data processing			3,126						362						141						525						4,154
Professional fees			841						118						8						612						1,579
Marketing and advertising			187						27						12						264						490
Deposit insurance premiums			1,097						—						—						—						1,097
Intangible expense			55						—						109						—						164
Other segment items (2)			4,940						612						144						840						6,536
Intersegment expense (revenue) (3)			7,226						52						123						(7,401)						—
Income (loss) before income taxes			$	21,645					$	2,333					$	1,106					$	(1,696)					$	23,388
Income tax expense (benefit)			4,591						398						259						(438)						4,810
Net income (loss)			$	17,054					$	1,935					$	847					$	(1,258)					$	18,578
Net capital expenditures			$	544					$	—					$	6					$	60					$	610

			Nine Months Ended
			September 30, 2025
(Dollars in thousands)			Banking						Wealth Management						Insurance						Other						Consolidated
Interest income			$	318,723					$	47					$	—					$	—					$	318,770
Interest expense			134,002						—						—						7,122						141,124
Net interest income (expense)			184,721						47						—						(7,122)						177,646
Noninterest income			24,620						23,460						17,652						107						65,839
Total revenue			209,341						23,507						17,652						(7,015)						243,485
Provision for credit losses			8,522						—						—						—						8,522
Less: (1)
Salaries, benefits and commissions			55,657						13,293						10,966						14,098						94,014
Net occupancy			6,591						373						496						807						8,267
Equipment			2,800						29						73						339						3,241
Data processing			7,651						1,103						432						3,849						13,035
Professional fees			1,809						755						39						2,667						5,270
Marketing and advertising			667						86						22						399						1,174
Deposit insurance premiums			3,420						—						—						—						3,420
Intangible expense			119						—						248						—						367
Other segment items (2)			16,894						1,589						536						2,522						21,541
Intersegment expense (revenue) (3)			20,014						388						358						(20,760)						—
Income (loss) before income taxes			$	85,197					$	5,891					$	4,482					$	(10,936)					$	84,634
Income tax expense (benefit)			16,932						1,192						993						(2,495)						16,622
Net income (loss)			$	68,265					$	4,699					$	3,489					$	(8,441)					$	68,012
Net capital expenditures			$	2,745					$	13					$	43					$	687					$	3,488

			Nine Months Ended
			September 30, 2024
(Dollars in thousands)			Banking						Wealth Management						Insurance						Other						Consolidated
Interest income			$	304,805					$	56					$	—					$	18					$	304,879
Interest expense			142,337						—						—						6,844						149,181
Net interest income (expense)			162,468						56						—						(6,826)						155,698
Noninterest income			26,706						22,134						17,721						164						66,725
Total revenue			189,174						22,190						17,721						(6,662)						222,423
Provision for credit losses			3,553						—						—						—						3,553
Less: (1)
Salaries, benefits and commissions			55,461						13,145						10,252						13,369						92,227
Net occupancy			7,074						236						467						497						8,274
Equipment			3,013						31						70						192						3,306
Data processing			9,706						1,091						400						1,613						12,810
Professional fees			2,368						388						40						1,937						4,733
Marketing and advertising			620						133						28						840						1,621
Deposit insurance premiums			3,330						—						—						—						3,330
Intangible expense			212						—						327						—						539
Other segment items (2)			15,158						1,921						474						2,941						20,494
Intersegment expense (revenue) (3)			18,390						156						370						(18,916)						—
Income (loss) before income taxes			$	70,289					$	5,089					$	5,293					$	(9,135)					$	71,536
Income tax expense (benefit)			14,283						1,109						1,184						(2,030)						14,546
Net income (loss)			$	56,006					$	3,980					$	4,109					$	(7,105)					$	56,990
Net capital expenditures			$	(234)					$	11					$	73					$	167					$	17

(1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.

(2) Other segment items for each reportable segment includes:

Banking - loan and lease financing related fees, deposit and card service fees, and certain overhead expenses.

Wealth Management - referral fees, clearing broker fees, and certain overhead expenses.

Insurance - certain overhead expenses.

Other - Board of Director fees, retirement costs, and certain overhead expenses.

(3) Includes an allocation of general and administrative expenses from both the parent holding company and the Bank.

Schedule of Significant Components of Segment Net Assets

The following tables show significant components of segment net assets as of September 30, 2025 and December 31, 2024.

			At September 30, 2025
(Dollars in thousands)			Banking						Wealth Management						Insurance						Other						Consolidated
Other segment disclosures:
Cash and cash equivalents			$	727,636					$	53,527					$	35,576					$	—					$	816,739
Loans and leases, including loans held for sale, net of allowance for credit losses			6,705,285						—						—						—						6,705,285
Goodwill			138,476						15,434						21,600						—						175,510
Other segment assets			842,215						2,487						2,652						28,728						876,082
Total segment assets			$	8,413,612					$	71,448					$	59,828					$	28,728					$	8,573,616

			At December 31, 2024
(Dollars in thousands)			Banking						Wealth Management						Insurance						Other						Consolidated
Other segment disclosures:
Cash and cash equivalents			$	247,023					$	50,149					$	31,672					$	—					$	328,844
Loans and leases, including loans held for sale, net of allowance for credit losses			6,756,145						—						—						—						6,756,145
Goodwill			138,476						15,434						21,600						—						175,510
Other segment assets			839,359						3,485						2,828						22,246						867,918
Total segment assets			$	7,981,003					$	69,068					$	56,100					$	22,246					$	8,128,417

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
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-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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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

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