OPERATING SEGMENTS AND RELATED INFORMATION (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Summary of information relating to operating segments

Following is a summary of selected financial information for the Company’s operating segments. The “other” category included in the tables below consists of the parent company, First Busey Risk Management, and the elimination of intercompany transactions (dollars in thousands):

	Goodwill				Total Assets
	As of December 31,				As of December 31,
	2022		2021		2022		2021
Operating segment
Banking	$	294,773	$	294,773	$	12,199,960	$	12,746,833
FirsTech	8,992		8,992		48,715		47,481
Wealth Management	14,108		14,108		84,082		65,587
Other	—		—		3,920		(212)
Consolidated total	$	317,873	$	317,873	$	12,336,677	$	12,859,689

	Years Ended December 31,
	2022		2021		2020
Net interest income
Banking	$	340,083	$	285,678	$	294,728
FirsTech	65		79		79
Wealth Management	—		—		—
Other	(16,710)		(15,059)		(11,872)
Total net interest income	$	323,438	$	270,698	$	282,935
Noninterest income
Banking	$	54,154	$	59,393	$	61,043
FirsTech	21,720		19,629		16,548
Wealth Management	55,394		53,082		43,429
Other	(4,465)		700		(2,755)
Total noninterest income	$	126,803	$	132,804	$	118,265
Noninterest expense
Banking	$	221,997	$	205,905	$	185,445
FirsTech	20,619		17,574		13,279
Wealth Management	31,545		29,198		26,086
Other	9,720		9,103		9,387
Total noninterest expense	$	283,881	$	261,780	$	234,197
Income before income taxes
Banking	$	167,617	$	154,267	$	131,529
FirsTech	1,166		2,134		3,348
Wealth Management	23,849		23,884		17,343
Other	(30,895)		(23,462)		(24,014)
Total income before income taxes	$	161,737	$	156,823	$	128,206
Net income
Banking	$	131,596	$	117,844	$	101,226
FirsTech	847		1,527		2,372
Wealth Management	18,543		18,570		13,181
Other	(22,675)		(14,492)		(16,435)
Total net income	$	128,311	$	123,449	$	100,344