v3.22.1

SEGMENT REPORTING (Tables) | 3 Months Ended
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Mar. 31, 2022
SEGMENT REPORTING |
Key Operating Results of Business Segments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | Wealth |  | ​ | ​ |  | ​ | ​
(dollars in thousands) | ​ | Banking | ​ | Management | ​ | Other | Total
Three Months Ended March 31, 2022: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Interest income | ​ | $ | 79,144 | ​ | $ | — | ​ | $ | — | ​ | $ | 79,144
Interest expense | ​ |  | 3,413 | ​ |  | — | ​ |  | 1,237 | ​ |  | 4,650
Net interest income | ​ |  | 75,731 | ​ |  | — | ​ |  | (1,237) | ​ |  | 74,494
Provision for credit losses | ​ |  | (792) | ​ |  | — | ​ |  | — | ​ |  | (792)
Noninterest income | ​ |  | 7,531 | ​ |  | 8,345 | ​ |  | (449) | ​ |  | 15,427
Noninterest expense | ​ |  | 40,101 | ​ |  | 6,644 | ​ |  | 873 | ​ |  | 47,618
Income (loss) before taxes on income | ​ | $ | 43,953 | ​ | $ | 1,701 | ​ | $ | (2,559) | ​ | $ | 43,095
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Three Months Ended March 31, 2021: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Interest income | ​ | $ | 59,138 | ​ | $ | — | ​ | $ | — | ​ | $ | 59,138
Interest expense | ​ |  | 4,848 | ​ |  | — | ​ |  | 61 | ​ |  | 4,909
Net interest income | ​ |  | 54,290 | ​ |  | — | ​ |  | (61) | ​ |  | 54,229
Provision for credit losses | ​ |  | 360 | ​ |  | — | ​ |  | — | ​ |  | 360
Noninterest income | ​ |  | 5,309 | ​ |  | 6,923 | ​ |  | (324) | ​ |  | 11,908
Noninterest expense | ​ |  | 28,579 | ​ |  | 5,731 | ​ |  | 201 | ​ |  | 34,511
Income (loss) before taxes on income | ​ | $ | 30,660 | ​ | $ | 1,192 | ​ | $ | (586) | ​ | $ | 31,266

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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=123359005&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=123359005&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=123359005&loc=d3e8906-108599 + Details
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