XML 51 R42.htm IDEA: XBRL DOCUMENT
v3.22.2

Segment Reporting (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Segment Reporting [Abstract] |
Business Segment Assets | The following tables present information regarding our business segments as of and for the periods indicated (in thousands).
|  | Banking |  |  | All Other |  |  | Consolidated Totals |
June 30, 2022 |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 48,536 |  |  | $ | 18,535 |  |  | $ | 67,071 |
Other intangible assets, net |  |  | 1 |  |  |  | 6,825 |  |  |  | 6,826 |
Total assets |  |  | 5,529,426 |  |  |  | 38,772 |  |  |  | 5,568,198 |
December 31, 2021 |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 48,536 |  |  | $ | 18,535 |  |  | $ | 67,071 |
Other intangible assets, net |  |  | 3 |  |  |  | 7,326 |  |  |  | 7,329 |
Total assets |  |  | 5,481,889 |  |  |  | 38,890 |  |  |  | 5,520,779 |
Business Segment Profit (Loss) |
|  | Banking |  |  | All Other (1) |  |  | Consolidated Totals |
Three months ended June 30, 2022 |  |  |  |  |  |  |  |  |
Net interest income (expense) |  | $ | 42,658 |  |  | $ | (1,061 | ) |  | $ | 41,597 |
Provision for credit losses |  |  | (563 | ) |  |  | — |  |  |  | (563 | )
Noninterest income |  |  | 7,701 |  |  |  | 3,659 |  |  |  | 11,360 |
Noninterest expense |  |  | (28,892 | ) |  |  | (3,995 | ) |  |  | (32,887 | )
Income (loss) before income taxes |  |  | 20,904 |  |  |  | (1,397 | ) |  |  | 19,507 |
Income tax (expense) benefit |  |  | (4,239 | ) |  |  | 380 |  |  |  | (3,859 | )
Net income (loss) |  | $ | 16,665 |  |  | $ | (1,017 | ) |  | $ | 15,648 |
Six months ended June 30, 2022 |  |  |  |  |  |  |  |  |
Net interest income (expense) |  | $ | 83,276 |  |  | $ | (2,121 | ) |  | $ | 81,155 |
Provision for credit losses |  |  | (2,882 | ) |  |  | — |  |  |  | (2,882 | )
Noninterest income |  |  | 14,328 |  |  |  | 8,354 |  |  |  | 22,682 |
Noninterest expense |  |  | (54,764 | ) |  |  | (8,258 | ) |  |  | (63,022 | )
Income (loss) before income taxes |  |  | 39,958 |  |  |  | (2,025 | ) |  |  | 37,933 |
Income tax (expense) benefit |  |  | (7,875 | ) |  |  | 573 |  |  |  | (7,302 | )
Net income (loss) |  | $ | 32,083 |  |  | $ | (1,452 | ) |  | $ | 30,631 |
(1) Reflects activity from the acquisitions of assets of Landmark since February 1, 2021 (the date of acquisition) and North Woods since August 2, 2021 (the date of acquisition). (17.) SEGMENT REPORTING (Continued)
|  | Banking |  |  | All Other (1) |  |  | Consolidated Totals |
Three months ended June 30, 2021 |  |  |  |  |  |  |  |  |
Net interest income (expense) |  | $ | 38,788 |  |  | $ | (1,056 | ) |  | $ | 37,732 |
Benefit for credit losses |  |  | 4,622 |  |  |  | — |  |  |  | 4,622 |
Noninterest income |  |  | 6,603 |  |  |  | 3,587 |  |  |  | 10,190 |
Noninterest expense |  |  | (23,199 | ) |  |  | (3,745 | ) |  |  | (26,944 | )
Income (loss) before income taxes |  | $ | 26,814 |  |  | $ | (1,214 | ) |  | $ | 25,600 |
Income tax (expense) benefit |  |  | (5,780 | ) |  |  | 380 |  |  |  | (5,400 | )
Net income (loss) |  | $ | 21,034 |  |  | $ | (834 | ) |  | $ | 20,200 |
Six months ended June 30, 2021 |  |  |  |  |  |  |  |  |
Net interest income (expense) |  | $ | 77,706 |  |  | $ | (2,117 | ) |  | $ | 75,589 |
Provision for credit losses |  |  | 6,603 |  |  |  | — |  |  |  | 6,603 |
Noninterest income |  |  | 15,878 |  |  |  | 7,271 |  |  |  | 23,149 |
Noninterest expense |  |  | (45,832 | ) |  |  | (7,852 | ) |  |  | (53,684 | )
Income (loss) before income taxes |  |  | 54,355 |  |  |  | (2,698 | ) |  |  | 51,657 |
Income tax (expense) benefit |  |  | (11,815 | ) |  |  | 1,068 |  |  |  | (10,747 | )
Net income (loss) |  | $ | 42,540 |  |  | $ | (1,630 | ) |  | $ | 40,910 |
(1) Reflects activity from the acquisitions of assets of Landmark since February 1, 2021 (the date of acquisition).

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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration