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Segment Information
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Reporting Disclosure Segment Information
The Company's reportable segments are determined by the Chief Executive Officer, who is the designated chief operating decision maker ("CODM"), based upon information provided about the Company's products and services offered, primarily
banking operations. The segment is also distinguished by the level of information provided to the CODM, who uses such information to review performance of various components of the business, such as branches, which are then aggregated if operating performance, products/services, and customers are similar. The CODM will evaluate the financial performance of the Company's business components by evaluating revenue streams, significant expenses, and budget to actual results in assessing the Company's segment and in the determination of allocating resources. The CODM uses revenue streams to evaluate product pricing and significant expenses to assess performance and evaluate return on assets. The CODM uses consolidated net income to benchmark the Company against its competitors. The benchmarking analysis coupled with monitoring of budget to actual results are used in assessment performance and in establishing compensation. Loans, investments, and deposits provide the revenues of the banking operation. Interest expense, provisions for credit losses, and payroll provide the significant expenses in the banking operation. All operations are domestic.
Accounting policies for segments are the same as those described in Note 1. Segment performance is evaluated using consolidated net income. Information reported internally for performance assessment by the CODM follows, inclusive of reconciliations of significant segment totals to the financial statements:
 Year Ended December 31,
 202420232022
 (Dollars in thousands)
Total interest income$309,712 $284,465 $227,457 
Reconciliation of revenue
Other revenues7,473 18,663 29,591 
Total consolidated revenues317,185 303,128 257,048 
Less:
Total interest expense100,348 59,310 8,072 
Less:
Provision for (reversal of) credit losses6,282 4,280 (1,426)
Compensation and employee benefits98,527 100,083 92,092 
Other segment expenses (1)
59,769 66,540 58,874 
Income tax expense9,001 11,160 17,561 
Segment net income/consolidated net income$43,258 $61,755 $81,875 
Other segment disclosures
Total interest income309,712 284,465 227,457 
Total interest expense100,348 59,310 8,072 
Depreciation6,567 6,255 5,421 
Amortization of intangible assets1,640 2,434 2,750 
Other significant noncash items:
Provision for (reversal of) credit losses6,282 4,280 (1,426)
Segment assets$7,106,278 $7,174,957 $6,980,100 
Expenses for segment assets273,927 241,373 175,173 
Reconciliation of assets:
Total assets for reportable segments7,106,278 7,174,957 6,980,100 
Other assets— — — 
Total consolidated assets$7,106,278 $7,174,957 $6,980,100 
(1) Other segment expenses include expenses for occupancy and equipment, data processing, marketing, professional services and other overhead costs.