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Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2024
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, 2024 |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 48,536 |  |  | $ | 9,585 |  |  | $ | 58,121 |
Other intangible assets, net |  |  | — |  |  |  | 2,858 |  |  |  | 2,858 |
Total assets |  |  | 6,103,534 |  |  |  | 28,238 |  |  |  | 6,131,772 |
December 31, 2023 |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 48,536 |  |  | $ | 18,535 |  |  | $ | 67,071 |
Other intangible assets, net |  |  | — |  |  |  | 5,433 |  |  |  | 5,433 |
Total assets |  |  | 6,117,748 |  |  |  | 43,133 |  |  |  | 6,160,881 |
Business Segment Profit (Loss) |
|  | Banking |  |  | All Other |  |  | Consolidated Totals |
Three months ended June 30, 2024 |  |  |  |  |  |  |  |  |
Net interest income (expense) |  | $ | 42,255 |  |  | $ | (1,062 | ) |  | $ | 41,193 |
Provision for credit losses |  |  | (2,041 | ) |  |  | — |  |  |  | (2,041 | )
Noninterest income |  |  | 7,989 |  |  |  | 16,025 |  |  |  | 24,014 |
Noninterest expense |  |  | (30,418 | ) |  |  | (2,602 | ) |  |  | (33,020 | )
Income before income taxes |  |  | 17,785 |  |  |  | 12,361 |  |  |  | 30,146 |
Income tax expense |  |  | (1,289 | ) |  |  | (3,228 | ) |  |  | (4,517 | )
Net income |  | $ | 16,496 |  |  | $ | 9,133 |  |  | $ | 25,629 |
Six months ended June 30, 2024 |  |  |  |  |  |  |  |  |
Net interest income (expense) |  | $ | 83,396 |  |  | $ | (2,121 | ) |  | $ | 81,275 |
Benefit for credit losses |  |  | 3,415 |  |  |  | — |  |  |  | 3,415 |
Noninterest income |  |  | 14,485 |  |  |  | 20,430 |  |  |  | 34,915 |
Noninterest expense |  |  | (80,135 | ) |  |  | (6,898 | ) |  |  | (87,033 | )
Income before income taxes |  |  | 21,161 |  |  |  | 11,411 |  |  |  | 32,572 |
Income tax expense |  |  | (1,744 | ) |  |  | (3,129 | ) |  |  | (4,873 | )
Net income |  | $ | 19,417 |  |  | $ | 8,282 |  |  | $ | 27,699 |
(15.) SEGMENT REPORTING (Continued)
|  | Banking |  |  | All Other |  |  | Consolidated Totals |
Three months ended June 30, 2023 |  |  |  |  |  |  |  |  |
Net interest income (expense) |  | $ | 43,397 |  |  | $ | (1,060 | ) |  | $ | 42,337 |
Provision for credit losses |  |  | (3,230 | ) |  |  | — |  |  |  | (3,230 | )
Noninterest income |  |  | 7,498 |  |  |  | 3,968 |  |  |  | 11,466 |
Noninterest expense |  |  | (29,971 | ) |  |  | (3,811 | ) |  |  | (33,782 | )
Income (loss) before income taxes |  | $ | 17,694 |  |  | $ | (903 | ) |  | $ | 16,791 |
Income tax (expense) benefit |  |  | (2,879 | ) |  |  | 461 |  |  |  | (2,418 | )
Net income (loss) |  | $ | 14,815 |  |  | $ | (442 | ) |  | $ | 14,373 |
Six months ended June 30, 2023 |  |  |  |  |  |  |  |  |
Net interest income (expense) |  | $ | 86,272 |  |  | $ | (2,120 | ) |  | $ | 84,152 |
Provision for credit losses |  |  | (7,444 | ) |  |  | — |  |  |  | (7,444 | )
Noninterest income |  |  | 13,873 |  |  |  | 8,517 |  |  |  | 22,390 |
Noninterest expense |  |  | (59,744 | ) |  |  | (7,699 | ) |  |  | (67,443 | )
Income (loss) before income taxes |  | $ | 32,957 |  |  | $ | (1,302 | ) |  | $ | 31,655 |
Income tax (expense) benefit |  |  | (5,509 | ) |  |  | 316 |  |  |  | (5,193 | )
Net income |  | $ | 27,448 |  |  | $ | (986 | ) |  | $ | 26,462 |

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