Segment Information (Tables)

6 Months Ended

Jun. 30, 2023

Significant segment totals are reconciled to the financial statements as follows for the three months ended June 30,:


	Banking		Mortgage Operations		Corporate		Total Segments
2023
Summary of Operations
Net interest income (loss)	$	73,626	$	1,479	$	(1,270)	$	73,835

Provision (benefit) for credit losses	3,649		773		—		4,422

Noninterest income:
Service charges on deposit accounts	5,358		—		—		5,358
Credit and debit card fees	3,056		1		—		3,057
Trust and investment advisory fees	1,478		—		—		1,478
Income from mortgage banking services, net	(412)		12,071		—		11,659
Other noninterest income	2,738		—		—		2,738
Total noninterest income	12,218		12,072		—		24,290

Noninterest expense:
Salary and employee benefits	26,182		7,252		622		34,056
Occupancy and equipment	7,232		671		45		7,948
Other noninterest expenses	11,887		3,826		326		16,039
Total noninterest expense	45,301		11,749		993		58,043

Income (loss) before income taxes	$	36,894	$	1,029	$	(2,263)	$	35,660

Other Information
Depreciation expense	$	1,654	$	59	$	—	$	1,713
Identifiable assets	$	6,886,328	$	843,483	$	67,533	$	7,797,344


	Banking		Mortgage Operations		Corporate		Total Segments
2022
Summary of Operations
Net interest income	$	58,164	$	2,060	$	(1,639)	$	58,585

Provision for (benefit from) credit losses	3,823		1,177		—		5,000

Noninterest income:
Service charges on deposit accounts	4,379		—		—		4,379
Credit and debit card fees	2,990		—		—		2,990
Trust and investment advisory fees	1,909		—		—		1,909
Income from mortgage banking services, net	(291)		11,962		—		11,671
Other noninterest income	1,354		(1)		—		1,353
Total noninterest income	10,341		11,961		—		22,302

Noninterest expense:
Salary and employee benefits	23,951		10,518		779		35,248
Occupancy	6,891		861		1		7,753
Other noninterest expenses	27,171		3,953		1,543		32,667
Total noninterest expense	58,013		15,332		2,323		75,668

Income (loss) before income taxes	$	6,669	$	(2,488)	$	(3,962)	$	219

Other Information
Depreciation expense	$	1,861	$	110	$	—	$	1,971
Identifiable assets	$	6,361,838	$	661,307	$	37,547	$	7,060,692

Significant segment totals are reconciled to the financial statements as follows for the six months ended June 30,:


	Banking		Mortgage Operations		Corporate		Total Segments
2023
Summary of Operations
Net interest income (loss)	$	147,112	$	3,361	$	(2,521)	$	147,952

Provision for credit losses	6,063		1,719		—		7,782

Noninterest income:
Service charges on deposit accounts	10,373		—		—		10,373
Credit and debit card fees	6,037		1		—		6,038
Trust and investment advisory fees	2,939		—		—		2,939
Income from mortgage banking services, net	(600)		19,688		—		19,088
Other noninterest income	4,783		—		—		4,783
Total noninterest income	23,532		19,689		—		43,221

Noninterest expense:
Salary and employee benefits	53,966		14,024		1,115		69,105
Occupancy and equipment	14,656		1,381		85		16,122
Other noninterest expenses	20,303		7,335		1,444		29,082
Total noninterest expense	88,925		22,740		2,644		114,309

Income (loss) before income taxes	$	75,656	$	(1,409)	$	(5,165)	$	69,082

Other Information
Depreciation expense	$	3,303	$	120	$	—	$	3,423
Identifiable assets	$	6,886,328	$	843,483	$	67,533	$	7,797,344


	Banking		Mortgage Operations		Corporate		Total Segments
2022
Summary of Operations
Net interest income	$	99,447	$	3,701	$	(3,278)	$	99,870

Provision for (benefit from) credit losses	6,630		2,070		—		8,700

Noninterest income:
Service charges on deposit accounts	8,304		—		—		8,304
Credit and debit card fees	5,405		—		—		5,405
Trust and investment advisory fees	3,856		—		—		3,856
Income from mortgage banking services, net	(1,271)		27,503		—		26,232
Other noninterest income	2,207		(9)		—		2,198
Total noninterest income	18,501		27,494		—		45,995

Noninterest expense:
Salary and employee benefits	46,670		21,932		871		69,473
Occupancy	12,747		1,838		1		14,586
Other noninterest expenses	35,057		7,125		1,894		44,076
Total noninterest expense	94,474		30,895		2,766		128,135

Income (loss) before income taxes	$	16,844	$	(1,770)	$	(6,044)	$	9,030

Other Information
Depreciation expense	$	3,172	$	213	$	—	$	3,385
Identifiable assets	$	6,361,838	$	661,307	$	37,547	$	7,060,692