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Operating Segments and Related Information (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Summary of information relating to operating segments
Following is a summary of selected financial information for the Company’s operating segments. The “other” category included in the tables below consists of the parent company, First Busey Risk Management, and the elimination of intercompany transactions (dollars in thousands):
GoodwillTotal Assets
As ofAs of
March 31,
2023
December 31,
2022
March 31,
2023
December 31,
2022
Operating segment
Banking$294,773 $294,773 $12,206,562 $12,199,960 
FirsTech8,992 8,992 47,750 48,715 
Wealth Management14,108 14,108 87,878 84,082 
Other— — 2,365 3,920 
Consolidated total$317,873 $317,873 $12,344,555 $12,336,677 
Three Months Ended March 31,
20232022
Net interest income
Banking$89,890 $73,832 
FirsTech13 18 
Other(4,046)(3,794)
Total net interest income$85,857 $70,056 
Noninterest income
Banking$12,421 $15,286 
FirsTech5,674 5,419 
Wealth Management14,926 15,776 
Other(1,173)(709)
Total noninterest income$31,848 $35,772 
Noninterest expense
Banking$54,651 $55,567 
FirsTech5,739 4,683 
Wealth Management8,534 8,265 
Other1,479 1,861 
Total noninterest expense$70,403 $70,376 
Income before income taxes
Banking$46,707 $33,804 
FirsTech(52)754 
Wealth Management6,392 7,511 
Other(6,698)(6,364)
Total income before income taxes$46,349 $35,705 
Net income
Banking$36,835 $26,451 
FirsTech(38)550 
Wealth Management4,858 5,840 
Other(4,869)(4,402)
Total net income$36,786 $28,439