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:
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Banking Segment |
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Year Ended December 31, |
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2024 |
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2023 |
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2022 |
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(in thousands) |
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Net interest income |
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$ |
202,774 |
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$ |
221,271 |
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$ |
237,647 |
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Noninterest income |
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31,585 |
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34,179 |
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34,200 |
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Segment revenues |
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234,359 |
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255,450 |
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271,847 |
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Other revenues |
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— |
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— |
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— |
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Total consolidated revenues |
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234,359 |
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255,450 |
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271,847 |
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Less: |
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Credit loss expense |
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4,419 |
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4,342 |
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836 |
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Noninterest expenses |
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141,335 |
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136,527 |
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130,284 |
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Income tax expense |
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26,404 |
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34,540 |
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39,333 |
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Segment net income |
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62,201 |
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80,041 |
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101,394 |
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Reconciliation of profit: |
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Adjustments and reconciling items |
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— |
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— |
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— |
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Consolidated net income |
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62,201 |
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80,041 |
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101,394 |
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Segment assets |
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7,677,925 |
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7,570,341 |
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7,378,262 |
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Other assets |
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— |
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— |
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— |
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Consolidated assets |
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$ |
7,677,925 |
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$ |
7,570,341 |
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$ |
7,378,262 |
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