SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATIONOur business segments are defined as Banking, Wealth Management, and Other. The reportable business segments are consistent with the internal reporting and evaluation of the principle lines of business of the Company. The Banking segment provides a wide range of financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage and other consumer loan products; commercial equipment leasing; mortgage loan sales and servicing; letters of credit; various types of deposit products, including checking, savings and time deposit accounts; merchant services; and corporate treasury management services. The Wealth Management segment consists of trust and fiduciary services, brokerage and retirement planning services. The Other segment includes the operating results of the parent company, our captive insurance business unit, and the elimination of intercompany transactions.

Selected business segment financial information for the three and nine months ended September 30, 2022 and 2021 were as follows:

(dollars in thousands)	Banking		Wealth Management		Other		Total
Three Months Ended September 30, 2022
Net interest income (expense)	$	66,846	$	—	$	(2,822)	$	64,024
Provision for credit losses	6,974		—		—		6,974
Noninterest income	9,646		6,199		(19)		15,826
Noninterest expense	39,338		4,364		(206)		43,496
Income (loss) before income taxes (benefit)	30,180		1,835		(2,635)		29,380
Income taxes (benefit)	9,238		498		(3,877)		5,859
Net income (loss)	$	20,942	$	1,337	$	1,242	$	23,521
Total assets	$	7,809,280	$	29,166	$	(16,569)	$	7,821,877
Nine Months Ended September 30, 2022
Net interest income (expense)	$	190,162	$	—	$	(7,977)	$	182,185
Provision for credit losses	16,582		—		—		16,582
Noninterest income	26,547		19,481		24		46,052
Noninterest expense	112,947		13,130		(358)		125,719
Income (loss) before income taxes (benefit)	87,180		6,351		(7,595)		85,936
Income taxes (benefit)	23,498		1,761		(5,476)		19,783
Net income (loss)	$	63,682	$	4,590	$	(2,119)	$	66,153
Total assets	$	7,809,280	$	29,166	$	(16,569)	$	7,821,877
Three Months Ended September 30, 2021
Net interest income (expense)	$	53,888	$	—	$	(2,492)	$	51,396
Provision for credit losses	(184)		—		—		(184)
Noninterest income	7,917		7,175		51		15,143
Noninterest expense	37,055		4,507		(270)		41,292
Income (loss) before income taxes (benefit)	24,934		2,668		(2,171)		25,431
Income taxes (benefit)	4,973		764		146		5,883
Net income (loss)	$	19,961	$	1,904	$	(2,317)	$	19,548
Total assets	$	7,091,180	$	31,274	$	(28,495)	$	7,093,959
Nine Months Ended September 30, 2021
Net interest income (expense)	$	161,514	$	—	$	(8,140)	$	153,374
Provision for credit losses	2,926		—		—		2,926
Noninterest income	27,649		19,635		92		47,376
Noninterest expense	117,655		12,672		(1,015)		129,312
Income (loss) before income taxes (benefit)	68,582		6,963		(7,033)		68,512
Income taxes (benefit)	9,849		1,967		(1,514)		10,302
Net income (loss)	$	58,733	$	4,996	$	(5,519)	$	58,210
Total assets	$	7,091,180	$	31,274	$	(28,495)	$	7,093,959