Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2024

Schedule of financial information for the company's operating segments

The following table provides financial information for the Company’s operating segments as of and for the years ended December 31, 2024, 2023 and 2022:


	Community Banks		Insurance		Wealth Management		Other		Consolidated
2024
Total interest income	$	886,666	$	942	$	64	$	105	$	887,777
Total interest expense	348,199		—		—		27,382		375,581
Net interest income	538,467		942		64		(27,277)		512,196
Provision for credit losses	9,273		—		—		—		9,273
Noninterest income	172,877		6,473		25,873		(1,563)		203,660
Salaries and employee benefits	266,639		3,645		13,484		—		283,768
Net occupancy and equipment	44,989		163		808		—		45,960


	Community Banks		Insurance		Wealth Management		Other		Consolidated
Other segment expenses(1)	125,678		584		4,362		1,266		131,890
Income before income taxes	264,765		3,023		7,283		(30,106)		244,965
Income taxes	56,369		785		196		(7,842)		49,508
Net income (loss)	$	208,396	$	2,238	$	7,087	$	(22,264)	$	195,457
Total assets	$	18,033,458	$	—	$	3,392	$	(1,982)	$	18,034,868
Goodwill	988,898		—		—		—		988,898
2023
Total interest income	$	795,500	$	1,653	$	68	$	98	$	797,319
Total interest expense	251,026		—		—		26,966		277,992
Net interest income	544,474		1,653		68		(26,868)		519,327
Provision for credit losses	15,593		—		—		—		15,593
Noninterest income	76,130		12,578		25,311		(944)		113,075
Salaries and employee benefits	262,325		7,038		12,405		—		281,768
Net occupancy and equipment	45,303		438		730		—		46,471
Other segment expenses(2)	102,221		1,176		6,461		1,525		111,383
Income before income taxes	195,162		5,579		5,783		(29,337)		177,187
Income taxes	38,597		1,452		37		(7,577)		32,509
Net income (loss)	$	156,565	$	4,127	$	5,746	$	(21,760)	$	144,678
Total assets	$	17,313,704	$	40,405	$	6,590	$	(164)	$	17,360,535
Goodwill	988,898		2,767		—		—		991,665
2022
Total interest income	$	538,596	$	619	$	2,560	$	35	$	541,810
Total interest expense	39,562		—		128		20,822		60,512
Net interest income	499,034		619		2,432		(20,787)		481,298
Provision for credit losses	23,871		—		—		—		23,871
Noninterest income	114,263		11,821		24,839		(1,670)		149,253
Salaries and employee benefits	242,360		7,107		12,187		—		261,654
Net occupancy and equipment	43,814		420		585		—		44,819
Other segment expenses(3)	80,510		915		5,892		1,582		88,899
Income before income taxes	222,742		3,998		8,607		(24,039)		211,308
Income taxes	50,425		1,046		—		(6,231)		45,240
Net income (loss)	$	172,317	$	2,952	$	8,607	$	(17,808)	$	166,068
Total assets	$	16,882,534	$	37,567	$	75,383	$	(7,308)	$	16,988,176
Goodwill	988,941		2,767		—		—		991,708

(1) Other segment expenses for Community Banks include data processing, other real estate owned, legal and professional fees, advertising and public relations, intangible amortization, communications, merger and conversion related expenses and other miscellaneous expenses. Other segment expenses for Insurance include data processing, legal and professional fees, advertising and public relations, communications and other miscellaneous expenses. Other segment expenses for Wealth Management include data processing, legal and professional fees, advertising and public relations, intangible amortization, communications and other miscellaneous expenses.

(2) Other segment expenses for Community Banks include data processing, other real estate owned, legal and professional fees, advertising and public relations, intangible amortization, communications and other miscellaneous expenses. Other segment expenses for Insurance include data processing, legal and professional fees, advertising and public relations, communications and other miscellaneous expenses. Other segment expenses for Wealth Management include data processing, legal and professional fees, advertising and public relations, intangible amortization, communications and other miscellaneous expenses.

(3) Other segment expenses for Community Banks include data processing, other real estate owned, legal and professional fees, advertising and public relations, intangible amortization, communications, restructuring charges, merger and conversion related expenses and other miscellaneous expenses. Other segment expenses for Insurance include data processing, advertising and public relations, communications and other miscellaneous expenses. Other segment expenses for Wealth Management include data processing, legal and professional fees, advertising and public relations, intangible amortization, communications and other miscellaneous expenses.