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Segment Reporting
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
(In Thousands)
The operations of the Company’s reportable segments are described as follows:
•The Community Banks segment delivers a complete range of banking and financial services to individuals and small to medium-sized businesses including checking and savings accounts, business and personal loans, asset-based lending, factoring, equipment leasing and treasury management services, as well as safe deposit and night depository facilities.
•The Wealth Management segment, through the Trust division, offers a broad range of fiduciary services including the administration (as trustee or in other fiduciary or representative capacities) of benefit plans, management of trust accounts, inclusive of personal and corporate benefit accounts, and custodial accounts, as well as accounting and money management for trust accounts. In addition, the Wealth Management segment, through the Financial Services division, provides specialized products and services to customers, which include fixed and variable annuities, mutual funds and other
investment services through a third party broker-dealer. The Financial Services division also provides administrative and compliance services for certain mutual funds.
For periods prior to the third quarter of 2024, the Company maintained an Insurance segment that included a full service insurance agency. Effective July 1, 2024, the Bank sold substantially all of the assets of its Insurance segment.
The Company’s reportable segments are determined by the Chief Executive Officer, who is the designated chief operating decision maker (“CODM”), based upon information provided about the Company’s products and services. The CODM evaluates the financial performance of the segments by evaluating revenue streams, significant expenses and budget to actual results, and provides guidance in strategy and the allocation of resources.
In order to give the CODM a more precise indication of the income and expenses controlled by each segment, the results of operations for each segment reflect its own direct revenues and expenses. Indirect revenues and expenses, including but not limited to income from the Company’s investment portfolio, as well as certain costs associated with data processing and back office functions, primarily support the operations of the community banks and, therefore, are included in the results of the Community Banks segment. Included in “Other” are the operations of the holding company and other eliminations that are necessary for purposes of reconciling to the consolidated amounts. Accounting policies for each segment are the same as those described in Note 1, “Significant Accounting Policies,” in the Notes to the Consolidated Financial Statements in Item 8, Financial Statements and Supplementary Data, in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024.
The following tables provide financial information for the Company’s operating segments as of and for the periods presented:
Community
Banks		Wealth
Management		OtherConsolidated
Three months ended September 30, 2025
Total interest income$351,075 $— $23 $351,098 
Total interest expense119,100 — 8,478 127,578 
Net interest income (loss)$231,975 $— $(8,455)$223,520 
Provision for credit losses10,450 — — 10,450 
Noninterest income (loss)35,656 10,861 (491)46,026 
Salaries and employee benefits94,288 4,694 — 98,982 
Net occupancy and equipment18,132 249 34 18,415 
Other segment expenses(1)
62,834 3,144 455 66,433 
Income (loss) before income taxes$81,927 $2,774 $(9,435)$75,266 
Income tax expense (benefit)17,698 198 (2,418)15,478 
Net income (loss)$64,229 $2,576 $(7,017)$59,788 
Total assets$26,715,563 $7,031 $3,571 $26,726,165 
Goodwill1,411,711 — — 1,411,711 
Community
Banks		Wealth
Management		OtherConsolidated
Three months ended September 30, 2024
Total interest income$229,028 $15 $— $229,043 
Total interest expense91,168 — 6,877 98,045 
Net interest income (loss)$137,860 $15 $(6,877)$130,998 
Provision for credit losses935 — — 935 
Noninterest income (loss)83,244 6,447 (392)89,299 
Salaries and employee benefits67,852 3,455 — 71,307 
Net occupancy and equipment11,227 188 — 11,415 
Other segment expenses(1)
37,956 868 437 39,261 
Income (loss) before income taxes$103,134 $1,951 $(7,706)$97,379 
Income tax expense (benefit)26,867 47 (1,990)24,924 
Net income (loss)$76,267 $1,904 $(5,716)$72,455 
Total assets (liabilities)$17,959,839 $1,163 $(2,162)$17,958,840 
Goodwill988,898 — — 988,898 
Community
Banks		Wealth
Management		OtherConsolidated
Nine months ended September 30, 2025
Total interest income$915,257 $— $69 $915,326 
Total interest expense314,976 — 23,774 338,750 
Net interest income (loss)$600,281 $— $(23,705)$576,576 
Provision for credit losses96,522 — — 96,522 
Noninterest income (loss)106,441 25,742 (1,428)130,755 
Salaries and employee benefits258,427 12,054 — 270,481 
Net occupancy and equipment46,794 667 67 47,528 
Other segment expenses(1)
156,796 5,248 857 162,901 
Income (loss) before income taxes$148,183 $7,773 $(26,057)$129,899 
Income tax expense (benefit)33,818 435 (6,678)27,575 
Net income (loss)$114,365 $7,338 $(19,379)$102,324 
Total assets$26,715,563 $7,031 $3,571 $26,726,165 
Goodwill1,411,711 — — 1,411,711 
Community
Banks		InsuranceWealth
Management		OtherConsolidated
Nine months ended September 30, 2024
Total interest income$661,444 $942 $47 — $662,433 
Total interest expense262,474 — — 20,645 283,119 
Net interest income (loss)$398,970 $942 $47 $(20,645)$379,314 
Provision for credit losses6,673 — — — 6,673 
Noninterest income (loss)145,179 6,473 18,933 (1,143)169,442 
Salaries and employee benefits199,969 3,626 9,913 — 213,508 
Net occupancy and equipment33,875 189 584 — 34,648 
Other segment expenses(2)
93,697 577 3,228 1,213 98,715 
Income (loss) before income taxes$209,935 $3,023 $5,255 $(23,001)$195,212 
Income tax expense (benefit)49,507 785 147 (5,937)44,502 
Net income (loss)$160,428 $2,238 $5,108 $(17,064)$150,710 
Total assets (liabilities) $17,959,839 $— $1,163 $(2,162)$17,958,840 
Goodwill988,898 — — — 988,898 
(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 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, merger and conversion related expenses and other miscellaneous expenses. Other segment expenses for Insurance included 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.