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SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Financial Information

Selected business segment financial information for the three and six months ended June 30, 2025 and 2024 were as follows:

(dollars in thousands)			Banking						Wealth Management						Corporate						Total
Three Months Ended June 30, 2025
Interest income			$	97,924					$	—					$	—					$	97,924
Interest expense			36,879						18						2,332						39,229
Net interest income (expense)			61,045						(18)						(2,332)						58,695
Provision for credit losses			17,369						—						—						17,369
Wealth management revenue			—						7,379						—						7,379
Other noninterest income			16,972						—						(817)						16,155
Total noninterest income			16,972						7,379						(817)						23,534
Salaries and employee benefits			21,330						4,355						—						25,685
Depreciation expense			1,207						11						—						1,218
Amortization of intangible assets			572						255						—						827
Other noninterest expense			21,297						1,715						(750)						22,262
Total noninterest expense			44,406						6,336						(750)						49,992
Income (loss) before income taxes (benefit)			16,242						1,025						(2,399)						14,868
Income taxes (benefit)			3,037						528						(721)						2,844
Net income (loss)			$	13,205					$	497					$	(1,678)					$	12,024
Total assets			$	7,114,866					$	33,786					$	(40,774)					$	7,107,878
Six Months Ended June 30, 2025
Interest income			$	197,279					$	—					$	—					$	197,279
Interest expense			75,609						35						4,650						80,294
Net interest income (expense)			121,670						(35)						(4,650)						116,985
Provision for credit losses			28,219						—						—						28,219
Wealth management revenue			—						14,729						—						14,729
Other noninterest income			28,322						—						(1,754)						26,568
Total noninterest income			28,322						14,729						(1,754)						41,297
Salaries and employee benefits			44,244						7,857						—						52,101
Depreciation expense			2,435						21						—						2,456
Amortization of intangible assets			1,216						522						—						1,738
Impairment on goodwill			153,977						—						—						153,977
Other noninterest expense(1)			40,833						3,431						(1,539)						42,725
Total noninterest expense			242,705						11,831						(1,539)						252,997
(Loss) income before income (benefit) taxes			(120,932)						2,863						(4,865)						(122,934)
Income (benefit) taxes			6,144						1,288						(1,416)						6,016
Net (loss) income			$	(127,076)					$	1,575					$	(3,449)					$	(128,950)
Total assets			$	7,114,866					$	33,786					$	(40,774)					$	7,107,878
(dollars in thousands)			Banking						Wealth Management						Corporate						Total
Three Months Ended June 30, 2024
Interest income			$	107,130					$	—					$	8					$	107,138
Interest expense			46,065						12						2,166						48,243
Net interest income (expense)			61,065						(12)						(2,158)						58,895
Provision for credit losses			8,282						—						—						8,282
Wealth management revenue			—						6,801						—						6,801
Other noninterest income			25,203						—						(20)						25,183

Total noninterest income			25,203						6,801						(20)						31,984
Salaries and employee benefits			19,423						3,449						—						22,872
Depreciation expense			1,235						12						—						1,247
Amortization of intangible assets			741						275						—						1,016
Other noninterest expense			24,698						1,606						(655)						25,649
Total noninterest expense			46,097						5,342						(655)						50,784
Income (loss) before income taxes (benefit)			31,889						1,447						(1,523)						31,813
Income taxes (benefit)			6,119						618						(643)						6,094
Net income (loss)			$	25,770					$	829					$	(880)					$	25,719
Total assets			$	7,685,175					$	34,940					$	(12,041)					$	7,708,074
Six Months Ended June 30, 2024
Interest income			$	212,649					$	—					$	15					$	212,664
Interest expense			89,516						20						4,462						93,998
Net interest income (expense)			123,133						(20)						(4,447)						118,666
Provision for credit losses			28,224						—						—						28,224
Wealth management revenue			—						13,933						—						13,933
Other noninterest income			56,348						—						(456)						55,892
Total noninterest income			56,348						13,933						(456)						69,825
Salaries and employee benefits			40,205						6,769						—						46,974
Depreciation expense			2,452						26						—						2,478
Amortization of intangible assets			1,542						563						—						2,105
Other noninterest expense(1)			45,737						3,396						(1,298)						47,835
Total noninterest expense			89,936						10,754						(1,298)						99,392
Income (loss) before income taxes (benefit)			61,321						3,159						(3,605)						60,875
Income taxes (benefit)			12,624						1,308						(1,439)						12,493
Net income (loss)			$	48,697					$	1,851					$	(2,166)					$	48,382
Total assets			$	7,685,175					$	34,940					$	(12,041)					$	7,708,074

(1)    Other noninterest expense for Banking includes occupancy and equipment, data processing, FDIC insurance, professional services, marketing, communications, loan expense and other miscellaneous expenses. Other noninterest expense for Wealth Management includes occupancy and equipment, data processing, professional services, marketing, communications and other miscellaneous expenses. Other noninterest expense for Corporate includes data processing, professional services, marketing and other miscellaneous expenses.

X

- 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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

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