Business Segments (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Financial Information by Business Segment

Condensed financial information by business segment is presented below:

(in thousands)	Community Banking			Trust and Investment Services		Consolidated
For the Year Ended December 31, 2023
Interest and dividend income	$	711,516		$	—	$	711,516
Interest expense		230,178			—		230,178
Net interest income		481,338			—		481,338
Provision for credit losses		17,734			—		17,734
Net interest income after provision for credit losses		463,604			—		463,604
Non-interest income		92,312			28,135		120,447
Non-interest expense		370,771			19,231		390,002
Income before provision for income taxes		185,145			8,904		194,049
Provision for income taxes		33,147			1,870		35,017
Net income		151,998			7,034		159,032
Preferred stock dividends		10,125			—		10,125
Net income available to common shareholders	$	141,873		$	7,034	$	148,907
For the Year Ended December 31, 2022
Interest and dividend income	$	513,656		$	—	$	513,656
Interest expense		39,343			—		39,343
Net interest income		474,313			—		474,313
Provision for credit losses		(1,663	)		—		(1,663	)
Net interest income after provision for credit losses		475,976			—		475,976
Non-interest income		89,840			27,551		117,391
Non-interest expense		340,573			16,393		356,966
Income before provision for income taxes		225,243			11,158		236,401
Provision for income taxes		41,945			2,343		44,288
Net income		183,298			8,815		192,113
Preferred stock dividends		10,125			—		10,125
Net income available to common shareholders	$	173,173		$	8,815	$	181,988
For the Year Ended December 31, 2021
Interest and dividend income	$	484,967		$	—	$	484,967
Interest expense		27,034			—		27,034
Net interest income		457,933			—		457,933
Provision for credit losses		(64,274	)		—		(64,274	)
Net interest income after provision for credit losses		522,207			—		522,207
Non-interest income		103,274			29,511		132,785
Non-interest expense		336,766			16,377		353,143
Income before provision for income taxes		288,715			13,134		301,849
Provision for income taxes		56,831			2,758		59,589
Net income		231,884			10,376		242,260
Preferred stock dividends		10,125			—		10,125
Net income available to common shareholders	$	221,759		$	10,376	$	232,135