Annual report [Section 13 and 15(d), not S-K Item 405]

Segment Reporting (Tables)

v3.25.4
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information

The following table presents information reported internally for performance assessment by the chief operating decision maker for the following periods:

 

 

 

Banking Segment

 

 

 

Year Ended December 31,

 

 

 

2025

 

 

2024

 

 

2023

 

 

 

(in thousands)

 

Net interest income

 

$

236,190

 

 

$

202,774

 

 

$

221,271

 

Noninterest income

 

 

33,975

 

 

 

31,585

 

 

 

34,179

 

Segment revenues

 

 

270,165

 

 

 

234,359

 

 

 

255,450

 

Other revenues

 

 

 

 

 

 

 

 

 

Total consolidated revenues

 

 

270,165

 

 

 

234,359

 

 

 

255,450

 

 

 

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

 

 

 

Credit loss expense

 

 

14,439

 

 

 

4,419

 

 

 

4,342

 

Noninterest expenses

 

 

147,799

 

 

 

141,335

 

 

 

136,527

 

Income tax expense

 

 

31,838

 

 

 

26,404

 

 

 

34,540

 

Segment net income

 

 

76,089

 

 

 

62,201

 

 

 

80,041

 

 

 

 

 

 

 

 

 

 

 

Reconciliation of profit:

 

 

 

 

 

 

 

 

 

Adjustments and reconciling items

 

 

 

 

 

 

 

 

 

Consolidated net income

 

 

76,089

 

 

 

62,201

 

 

 

80,041

 

 

 

 

 

 

 

 

 

 

 

Segment assets

 

 

7,869,185

 

 

 

7,677,925

 

 

 

7,570,341

 

Other assets

 

 

 

 

 

 

 

 

 

Consolidated assets

 

$

7,869,185

 

 

$

7,677,925

 

 

$

7,570,341