Segment Information (Tables)

9 Months Ended

Sep. 30, 2023

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


	Banking		Mortgage Operations		Corporate		Total Segments
2023
Summary of Operations
Net interest income (loss)	$	73,496	$	1,171	$	(1,257)	$	73,410

Provision (benefit) for credit losses	6,319		(2,429)		—		3,890

Noninterest income:
Service charges on deposit accounts	5,475		—		—		5,475
Credit and debit card fees	2,996		—		—		2,996
Trust and investment advisory fees	1,398		—		—		1,398
Income from mortgage banking services, net	(526)		7,939		—		7,413
Other noninterest income	1,368		—		—		1,368
Total noninterest income	10,711		7,939		—		18,650

Noninterest expense:
Salary and employee benefits	27,701		5,844		423		33,968
Occupancy and equipment	7,449		707		60		8,216
Other noninterest expenses	9,990		3,820		182		13,992
Total noninterest expense	45,140		10,371		665		56,176

Income (loss) before income taxes	$	32,748	$	1,168	$	(1,922)	$	31,994

Other Information
Depreciation expense	$	1,567	$	57	$	—	$	1,624
Identifiable assets	$	6,824,853	$	871,032	$	60,990	$	7,756,875


	Banking		Mortgage Operations		Corporate		Total Segments
2022
Summary of Operations
Net interest income (loss)	$	68,159	$	1,492	$	(1,165)	$	68,486

Provision for credit losses	3,223		527		—		3,750

Noninterest income:
Service charges on deposit accounts	4,807		—		—		4,807
Credit and debit card fees	3,103		—		—		3,103
Trust and investment advisory fees	1,552		—		—		1,552
Income from mortgage banking services, net	(701)		14,486		—		13,785
Other noninterest income	1,706		—		—		1,706
Total noninterest income	10,467		14,486		—		24,953

Noninterest expense:
Salary and employee benefits	23,210		8,922		376		32,508
Occupancy	7,190		988		38		8,216
Other noninterest expenses	11,146		3,314		364		14,824
Total noninterest expense	41,546		13,224		778		55,548

Income (loss) before income taxes	$	33,857	$	2,227	$	(1,943)	$	34,141

Other Information
Depreciation expense	$	1,839	$	81	$	—	$	1,920
Identifiable assets	$	6,315,984	$	693,473	$	43,460	$	7,052,917

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


	Banking		Mortgage Operations		Corporate		Total Segments
2023
Summary of Operations
Net interest income (loss)	$	220,608	$	4,532	$	(3,778)	$	221,362

Provision (benefit) for credit losses	12,382		(710)		—		11,672

Noninterest income:
Service charges on deposit accounts	15,848		—		—		15,848
Credit and debit card fees	9,033		1		—		9,034
Trust and investment advisory fees	4,337		—		—		4,337
Income from mortgage banking services, net	(1,126)		27,627		—		26,501
Other noninterest income	6,151		—		—		6,151
Total noninterest income	34,243		27,628		—		61,871

Noninterest expense:
Salary and employee benefits	81,667		19,868		1,538		103,073
Occupancy and equipment	22,105		2,088		145		24,338
Other noninterest expenses	30,293		11,155		1,626		43,074
Total noninterest expense	134,065		33,111		3,309		170,485

Income (loss) before income taxes	$	108,404	$	(241)	$	(7,087)	$	101,076

Other Information
Depreciation expense	$	4,870	$	177	$	—	$	5,047
Identifiable assets	$	6,824,853	$	871,032	$	60,990	$	7,756,875


	Banking		Mortgage Operations		Corporate		Total Segments
2022
Summary of Operations
Net interest income (loss)	$	167,606	$	5,193	$	(4,443)	$	168,356

Provision for credit losses	9,853		2,597		—		12,450

Noninterest income:
Service charges on deposit accounts	13,111		—		—		13,111
Credit and debit card fees	8,508		—		—		8,508
Trust and investment advisory fees	5,408		—		—		5,408
Income from mortgage banking services, net	(1,972)		41,989		—		40,017
Other noninterest income	3,913		(9)		—		3,904
Total noninterest income	28,968		41,980		—		70,948

Noninterest expense:
Salary and employee benefits	69,880		30,854		1,247		101,981
Occupancy	19,937		2,826		39		22,802
Other noninterest expenses	46,203		10,439		2,258		58,900
Total noninterest expense	136,020		44,119		3,544		183,683

Income (loss) before income taxes	$	50,701	$	457	$	(7,987)	$	43,171

Other Information
Depreciation expense	$	5,011	$	294	$	—	$	5,305
Identifiable assets	$	6,315,984	$	693,473	$	43,460	$	7,052,917