Acquisition (Tables)

9 Months Ended

Sep. 30, 2025

Business Combination, Recognized Asset Acquired and Liability Assumed [Table Text Block]

The following table summarizes the estimated fair value of the assets acquired and liabilities assumed as of the date of the acquisition:


	Net Assets Acquired at Fair Value
	(Dollars in thousands)
Assets
Cash	$	123,638
Investments	590,267
Loans	3,913,112
Allowance for credit losses on purchased credit deteriorated (“PCD”) loans	(9,020)
Premises and equipment	35,706
Goodwill	98,302
Core deposit and other intangibles	137,503
Other assets	164,908
Total assets acquired	5,054,416
Liabilities
Deposits	4,362,710
Borrowings	62,472
Subordinated debt	59,974
Other liabilities	66,116
Total liabilities assumed	4,551,272
Purchase price	$	503,144

Business Combination, Pro Forma Information [Table Text Block]

The selected pro forma financial information is presented for illustrative purposes only and is not necessarily indicative of the financial results of the combined companies had the acquisition actually been completed at the beginning of the period presented, nor does it indicate future results for any other interim or full-year period.


	Three Months Ended				Nine Months Ended
	September 30				September 30
	2025		2024		2025		2024
	(Dollars in thousands)
Net interest income	$	203,344	$	179,722	$	575,576	$	526,439
Net income	$	34,262	$	52,934	$	129,565	$	170,053

Purchased Credit Impaired Loans Associated with Acquisition [Table Text Block]

For PCD loans acquired from Enterprise, a reconciliation of the difference between the purchase price and par value of the

assets acquired is presented below:


						As of July 1, 2025
						(Dollars in thousands)
Gross amortized cost basis at July 1, 2025						406,135
Allowance for credit losses on PCD loans						(9,020)
Interest and liquidity discount						(10,444)
Basis in PCD loans at acquisition - estimated fair value						386,671