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Segment Information (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Reconciliations of Segment Information reported internally for performance assessment by the chief operating decision maker

follows, inclusive of reconciliations of segment totals to the financial statements.

 

 

For the Three Months Ended March 31,

 

(In thousands)

 

2025

 

 

2024

 

 

 

 

 

 

Interest Income

 

$

40,142

 

 

$

38,775

 

 

 

 

 

 

 

 

Reconciliation of revenue

 

 

 

 

 

 

Other revenues

 

 

13,257

 

 

 

1,729

 

Total consolidated revenues

 

$

53,399

 

 

$

40,504

 

 

 

 

 

 

 

 

Interest Expense

 

 

14,311

 

 

 

13,891

 

Segment net interest income and noninterest income

 

$

39,088

 

 

$

26,613

 

 

 

 

 

 

 

 

Provision for credit losses

 

 

228

 

 

 

40

 

Salaries and employee benefits

 

 

11,156

 

 

 

11,118

 

Other Expenses

 

 

12,361

 

 

 

9,729

 

Consolidated net income (loss)

 

$

15,343

 

 

$

5,726

 

 

 

 

 

 

 

 

Other segment disclosures

 

 

 

 

 

 

Gain on sale of branches

 

$

11,093

 

 

$

 

Interest income

 

$

40,142

 

 

$

38,775

 

Interest expense

 

$

14,311

 

 

$

13,891

 

Depreciation

 

$

417

 

 

$

498

 

Amortization of intangible assets

 

$

1,084

 

 

$

1,207

 

 

 

 

 

 

 

 

Other significant noncash items:

 

 

 

 

 

 

     Provision for credit loss

 

$

228

 

 

$

40