Segment Reporting Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2022

The following tables provide reportable segment-specific information and reconciliations to consolidated financial information for the years ended December 31, 2022, 2021 and 2020.


(Dollars in thousands)	Banking		Wealth Management		Insurance		Other		Consolidated
For the Year Ended December 31, 2022
Interest income	$	252,129	$	27	$	—	$	37	$	252,193
Interest expense	26,880		1,218		—		5,798		33,896
Net interest income (expense)	225,249		(1,191)		—		(5,761)		218,297
Provision for credit losses	12,198		—		—		—		12,198
Noninterest income	30,339		27,698		19,930		(82)		77,885


Noninterest expense	151,700		17,704		15,747		1,623		186,774
Intersegment (revenue) expense*	(1,732)		843		889		—		—
Income (expense) before income taxes	93,422		7,960		3,294		(7,466)		97,210
Income tax expense (benefit)	18,754		1,641		678		(1,983)		19,090
Net income (loss)	$	74,668	$	6,319	$	2,616	$	(5,483)	$	78,120
Total assets	$	7,104,727	$	58,239	$	44,728	$	14,322	$	7,222,016
Net capital expenditures	$	(2,474)	$	534	$	82	$	234	$	(1,624)

For the Year Ended December 31, 2021
Interest income	$	209,695	$	2	$	—	$	34	$	209,731
Interest expense	14,088		111		—		7,149		21,348
Net interest income (expense)	195,607		(109)		—		(7,115)		188,383
Reversal of provision for credit losses	(10,132)		—		—		—		(10,132)
Noninterest income	38,419		27,506		16,997		302		83,224


Noninterest expense	133,134		17,513		12,971		3,791		167,409
Intersegment (revenue) expense*	(1,292)		656		636		—		—
Income (expense) before income taxes	112,316		9,228		3,390		(10,604)		114,330
Income tax expense (benefit)	22,574		1,916		707		(2,668)		22,529
Net income (loss)	$	89,742	$	7,312	$	2,683	$	(7,936)	$	91,801
Total assets	$	7,005,952	$	54,076	$	40,649	$	21,744	$	7,122,421
Net capital expenditures	$	5,772	$	17	$	20	$	69	$	5,878

For the Year Ended December 31, 2020
Interest income	$	203,904	$	8	$	—	$	33	$	203,945
Interest expense	22,427		395		—		6,762		29,584
Net interest income (expense)	181,477		(387)		—		(6,729)		174,361
Provision for credit losses	40,794		—		—		—		40,794
Noninterest income	37,911		23,813		16,682		(78)		78,328


Noninterest expense	126,379		15,472		12,142		1,005		154,998
Intersegment (revenue) expense*	(1,103)		627		476		—		—
Income (expense) before income taxes	53,318		7,327		4,064		(7,812)		56,897
Income tax expense (benefit)	9,184		1,494		858		(1,555)		9,981
Net income (loss)	$	44,134	$	5,833	$	3,206	$	(6,257)	$	46,916
Total assets	$	6,234,448	$	48,534	$	35,906	$	17,608	$	6,336,496
Net capital expenditures	$	3,646	$	24	$	46	$	33	$	3,749

*Includes an allocation of general and administrative expenses from both the parent holding company and the Bank. These expenses are generally allocated based upon number of employees and square footage utilized.