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BUSINESS SEGMENTS (Tables)

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Schedule of Income and Total Assets for Reportable Segments

The following tables present the statements of income and total assets for the Company’s reportable segments for the three months ended March 31, 2021 and 2020.

		Three Months Ended March 31, 2021
						Wealth
						Management
(In thousands)		Banking				Division				Total
Net interest income		$	30,226			$	1,567			$	31,793
Noninterest income			5,140				12,680				17,820
Total income			35,366				14,247				49,613
Provision for loan and lease losses			225				—				225
Compensation and employee benefits			16,428				5,562				21,990
Premises and equipment expense			3,570				543				4,113
FDIC insurance expense			585				—				585
Other operating expense			2,391				2,515				4,906
Total operating expense			23,199				8,620				31,819
Income before income tax expense			12,167				5,627				17,794
Income tax expense			3,159				1,457				4,616
Net income		$	9,008			$	4,170			$	13,178
Total assets at period end		$	5,883,553			$	86,074			$	5,969,627

		Three Months Ended March 31, 2020
						Wealth
						Management
(In thousands)		Banking				Division				Total
Net interest income		$	30,409			$	1,338			$	31,747
Noninterest income			4,229				10,288				14,517
Total income			34,638				11,626				46,264
Provision for loan and lease losses			20,000				—				20,000
Compensation and employee benefits			13,207				6,019				19,226
Premises and equipment expense			3,421				622				4,043
FDIC insurance expense			250				—				250
Other operating expense			2,606				2,110				4,716
Total operating expense			39,484				8,751				48,235
(Loss)/income before income tax (benefit)/expense			(4,846	)			2,875				(1,971	)
Income tax (benefit)/expense			(3,893	)			549				(3,344	)
Net (loss)/income		$	(953	)		$	2,326			$	1,373
Total assets at period end		$	5,734,495			$	96,963			$	5,831,458

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- Definition

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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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- References

No definition available.

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