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Operating Segments
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Operating Segments OPERATING SEGMENTS
Operating segments are components of an enterprise about which separate financial information is available that is regularly evaluated by the chief operating decision maker (“CODM”) in deciding how to allocate resources and in assessing performance. The Company is organized with community and commercial banking groups. Each of these groups provide one or more similar banking services, including such products and services as loans; time deposits, checking and savings accounts; treasury management; and credit cards. Loan products include consumer, real estate, commercial, agricultural, equipment, warehouse lending and SBA lending. The individual banking groups have similar operating and economic characteristics. While the CODM monitors the revenue streams of the various products, services, branch locations, divisions and groups, operations are managed, financial performance is evaluated, and management makes decisions on how to allocate resources, on a Company-wide basis. Accordingly, the respective groups are considered by management to be aggregated into one reportable operating segment.

The Company also considers its wealth group, which provides trust and investment services, as well as insurance services, to be operating segments. Information on these segments is not reported separately since they do not meet the quantitative thresholds under ASC Topic 280-10-50-12, and, as a result, are reported within “Other” in the following table.

The Company’s CODM is the chief executive officer. The CODM evaluates the performance of the Company’s reportable operating segments using net interest income and net income. The CODM analyzes on the spread between interest revenue and interest expense (net interest income) to assess performance and to allocate operating and capital resources. Therefore, interest revenue is presented net of interest expense. Additionally, the CODM reviews budgeted net income versus actual net income of the Company to allocate resources to meet the Company’s strategic objectives.
The following table provides a summary of the Company’s reportable operating segment results for the three months ended March 31, 2025 and 2024.

Three Months Ended
March 31, 2025March 31, 2024
(In thousands)Community and Commercial BankingOtherConsolidatedCommunity and Commercial BankingOtherConsolidated
Net interest income$162,872 $550 $163,422 $151,919 $(13)$151,906 
Noninterest income36,359 9,796 46,155 34,201 8,983 43,184 
Total net revenue199,231 10,346 209,577 186,120 8,970 195,090 
Noninterest expense:
Salaries and employee benefits70,024 4,800 74,824 68,243 4,410 72,653 
Occupancy expense, net12,174 477 12,651 11,807 451 12,258 
Furniture and equipment expense5,465 — 5,465 5,140 5,141 
Deposit insurance5,391 — 5,391 7,135 — 7,135 
Other operating expenses (1)
44,919 1,330 46,249 41,025 1,667 42,692 
Total noninterest expense137,973 6,607 144,580 133,350 6,529 139,879 
Income before provision for credit losses and income taxes61,258 3,739 64,997 52,770 2,441 55,211 
Provision for credit losses26,797 — 26,797 10,206 — 10,206 
Income tax expense5,802 10 5,812 6,105 29 6,134 
Net income$28,659 $3,729 $32,388 $36,459 $2,412 $38,871 
(In thousands)Community and Commercial BankingOtherConsolidated
Assets as of:
March 31, 2025$26,785,600 $7,391 $26,792,991 
March 31, 2024$27,365,379 $6,796 $27,372,175 
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(1)    Other operating expenses primarily include professional services, marketing, software and technology, amortization of intangibles and other general operating expenses.