Quarterly report [Sections 13 or 15(d)]

Segment Reporting (Tables)

v3.25.2
Segment Reporting (Tables)
6 Months Ended
Jun. 30, 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

 

 

 

Quarter Ended June 30,

 

 

 

2025

 

 

2024

 

 

 

(in thousands)

 

Net interest income

 

$

57,139

 

 

$

48,620

 

Noninterest income

 

 

8,071

 

 

 

8,057

 

Segment revenues

 

 

65,210

 

 

 

56,677

 

Other revenues

 

 

 

 

 

 

Total consolidated revenues

 

 

65,210

 

 

 

56,677

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

Credit loss expense

 

 

7,631

 

 

 

961

 

Noninterest expenses

 

 

36,347

 

 

 

35,276

 

Income tax expense

 

 

6,115

 

 

 

5,989

 

Segment net income

 

 

15,117

 

 

 

14,451

 

 

 

 

 

 

 

 

Reconciliation of profit:

 

 

 

 

 

 

Adjustments and reconciling items

 

 

 

 

 

 

Consolidated net income

 

 

15,117

 

 

 

14,451