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Segment Reporting | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Segment Reporting | Note 16 — Segment Reporting The Company has one reportable segment, Banking, as determined by the Chief Financial Officer, who is designated the chief operating decision maker, based upon information provided about the Company's products and services offered, which are primarily banking operations. The Banking segment is also distinguished by the level of information provided to the chief operating decision maker, who uses such information to review performance of various components of the business. The chief operating decision maker uses net interest income, net interest margin, non-interest income, non-interest expense, credit loss expense, and net income to assess performance to determine the allocation of resources. These metrics, coupled with monitoring of budget to actual results, are used in assessment performance and in establishing compensation. Loans, investments, and deposits provide the revenues in our banking operations. Interest expense, provisions for credit losses, and salaries and benefits provide the significant expenses in our banking operations. The following table presents information reported internally for performance assessment by the chief operating decision maker for the following periods:
|  | Banking Segment |
|  | Quarter Ended September 30, |
|  | 2025 |  |  | 2024 |
|  | (in thousands) |
Net interest income |  | $ | 61,079 |  |  | $ | 50,051 |
Noninterest income |  |  | 9,880 |  |  |  | 8,438 |
Segment revenues |  |  | 70,959 |  |  |  | 58,489 |
Other revenues |  |  | — |  |  |  | — |
Total consolidated revenues |  |  | 70,959 |  |  |  | 58,489 |
Less: |  |  |  |  |  |
Credit loss expense |  |  | 2,145 |  |  |  | 2,286 |
Noninterest expenses |  |  | 37,357 |  |  |  | 35,080 |
Income tax expense |  |  | 9,396 |  |  |  | 6,231 |
Segment net income |  |  | 22,061 |  |  |  | 14,892 |
Reconciliation of profit: |  |  |  |  |  |
Adjustments and reconciling items |  |  | — |  |  |  | — |
Consolidated net income |  | $ | 22,061 |  |  | $ | 14,892 |
|  | Banking Segment |
|  | Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |
|  | (in thousands) |
Net interest income |  | $ | 173,310 |  |  | $ | 149,324 |
Noninterest income |  |  | 25,676 |  |  |  | 24,228 |
Segment revenues |  |  | 198,986 |  |  |  | 173,552 |
Other revenues |  |  | — |  |  |  | — |
Total consolidated revenues |  |  | 198,986 |  |  |  | 173,552 |
Less: |  |  |  |  |  |
Credit loss expense |  |  | 12,496 |  |  |  | 3,474 |
Noninterest expenses |  |  | 108,689 |  |  |  | 106,800 |
Income tax expense |  |  | 22,951 |  |  |  | 18,772 |
Segment net income |  |  | 54,850 |  |  |  | 44,506 |
Reconciliation of profit: |  |  |  |  |  |
Adjustments and reconciling items |  |  | — |  |  |  | — |
Consolidated net income |  | $ | 54,850 |  |  | $ | 44,506 |
|  | September 30, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
Segment assets |  | $ | 7,856,731 |  |  | $ | 7,677,925 |
Other assets |  |  | — |  |  |  | — |
Consolidated assets |  | $ | 7,856,731 |  |  | $ | 7,677,925 |

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- Definition The entire disclosure for reporting segments including data and tables. 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