Cadence Bank (CADE): Business Model Canvas [Dec-2025 Updated]

You're trying to get a clear picture of Cadence Bank's operating engine following its late 2025 strategic shifts, like integrating Industry Bancshares, and honestly, it's a classic regional growth story built on discipline. With assets hitting about $55 billion and a rock-solid CET1 ratio of 11.5% as of September 30, 2025, their model focuses on deep commercial relationships across the Southeast and Texas, driving 3.7% annualized loan growth while keeping the cost of deposits tight at 2.25% in Q3 2025. To see the full blueprint-from their >390 branches to how their ~5,300 teammates translate into revenue streams like that $93.5 million in Q3 noninterest income-check out the detailed Business Model Canvas we mapped out below.

Cadence Bank (CADE) - Canvas Business Model: Key Partnerships

You're looking at the critical relationships Cadence Bank maintains to execute its strategy as of late 2025. These partnerships, especially the recent M&A activity, really shape their footprint and operational backbone.

Strategic acquisitions like Industry Bancshares, Inc.

The partnership strategy heavily features inorganic growth. Cadence Bank completed its acquisition of Industry Bancshares, Inc. on July 1, 2025. This deal was a cash transaction, valued between $20 million and $60 million for all outstanding common stock, depending on closing equity capital. This move immediately expanded Cadence Bank's presence in Texas, adding the operations of six Texas-based banks.

Before the merger, Industry Bancshares reported total assets of $4.4 billion, total loans of $1.1 billion, and total deposits of $4.5 billion as of March 31, 2025. Cadence Bank also kicked off 2025 by signing a definitive merger agreement with FCB Financial Corp., the holding company for First Chatham Bank, effective May 1, 2025. Cadence Bank is now a regional franchise with approximately $52 billion in assets and over 380 locations across the South and Texas, following these integrations. They are planning to complete the operational integration of the Industry Bancshares entities in the fourth quarter of 2025. Honestly, integrating that many branches and systems is a massive undertaking.

Here's a quick look at the scale of the Industry Bancshares addition:

Metric	Industry Bancshares (as of 3/31/2025)	Cadence Bank (Post-Acquisition Estimate)
Total Assets	$4.4 billion	Over $52 billion (Combined)
Total Deposits	$4.5 billion	Significantly higher than $40.5 billion (as of 12/31/2024)
Branch Count Added	27 full-service branches	Total network over 380 locations

Core banking technology and software vendors

For the core engine of the bank, Cadence Bank relies on a significant technology partnership. They are transitioning from an on-premises core banking platform to a FIS-hosted solution, specifically a private cloud core banking platform. This agreement, initially announced in late 2021, is central to their modernization strategy, aiming for efficiency and scalability. This move is defintely about gaining operational efficiencies and the flexibility to deploy innovative technologies more swiftly.

The relationship with FIS includes:

• Transition to a FIS-hosted solution.
• Benefit from FIS's industry-leading service level agreement for service disruptions.
• Access to an expanded pool of talent for support.

Correspondent banking network for regional reach

While Cadence Bank offers correspondent banking services to complement its comprehensive product suite, specific, current numbers for the size of this network aren't readily available in the latest public disclosures. What we do know is that correspondent banking is a listed service alongside SBA lending and foreign exchange, indicating its role in extending reach beyond the 380+ physical locations.

The regulatory environment also shapes this partnership, as Cadence Bank must adhere to specific standards for correspondent accounts involving foreign financial institutions, requiring minimum standards to verify customer identity.

Federal Reserve and other regulatory bodies for compliance

All major banking activities, especially acquisitions, are predicated on successful engagement with regulatory bodies. The July 1, 2025, closing of the Industry Bancshares deal required receiving all necessary regulatory and shareholder approvals. Maintaining strong capital is a key partnership with regulators; as of March 31, 2025, Cadence Bank reported a Total Risk-Based Capital Ratio of 14.1%. This is a concrete metric showing compliance readiness.

Financial advisors and wealth management partners

In the wealth management space, Cadence Bank partners with specialized technology providers to deliver its services. They utilize Fi-Tek's TrustPortal system to manage their wealth management business, a relationship that has spanned over 20 years. This partnership allows Cadence Bank to offer clients a one-stop shop for full wealth management needs, including trust services, financial planning, and retirement plan management.

The Wealth Management segment offers services such as:

• Wealth Planning for individuals and families.
• Philanthropy Services for establishing charitable giving strategies.
• The Wealth Empowerment Program for the next generation.

Finance: draft 13-week cash view by Friday.

Cadence Bank (CADE) - Canvas Business Model: Key Activities

You're looking at the core actions Cadence Bank is taking right now to drive performance, especially after closing out major acquisitions in 2025. Honestly, the focus is clearly on making those deals work while keeping the existing business growing steadily.

Executing M&A Integration

A major activity has been the full operational integration of acquired entities. The conversion of First Chatham Bank to Cadence systems and branding was executed in August 2025. Furthermore, the teams completed the full system and process integration for Industry Bancshares in the third quarter of 2025, operating as one bank under the Cadence Bank brand.

Driving Organic Loan Growth

Cadence Bank is actively driving growth from within its existing footprint. For the third quarter of 2025, net organic loan growth was reported at 3.7% annualized. This contributed to total loans and leases, net of unearned income, reaching $36.8 billion at September 30, 2025. Total loan growth for the quarter was $1.3 billion, which included approximately $1.0 billion from the Industry acquisition and about $0.3 billion in net organic growth.

The bank is focused on new origination activity across its verticals, even while noting an uptick in CRE paydowns during the quarter. Loan yields for the quarter stood at 6.37%.

Disciplined Balance Sheet and Risk Management

Maintaining stability in credit quality is a key activity. For the third quarter of 2025, net charge-offs were 0.26% of average net loans and leases on an annualized basis. Non-performing asset levels and criticized and classified asset levels continued to reflect stability.

Enhancing Operational Efficiency and Providing Lending

The drive for operational efficiency is evident in the reported metrics, especially following the M&A activity. The adjusted efficiency ratio improved to 56.5% for the third quarter of 2025. This represents an improvement from 56.7% in the second quarter of 2025 and 57.7% in the third quarter of 2024. This efficiency gain is happening despite an increase in adjusted noninterest expense of $22.8 million, or 8.4%, linked quarter, driven by expenses related to the added banks.

Here's a quick look at how key performance indicators related to efficiency and growth stacked up in Q3 2025:

Metric	Value (Q3 2025)
Adjusted Efficiency Ratio	56.5%
Net Organic Loan Growth (Annualized)	3.7%
Total Loans (Period End)	$36.8 billion
Loan Yield	6.37%
Net Charge-Offs (Annualized)	0.26%

The bank is also focused on providing comprehensive commercial and consumer lending services, which is supported by the strong loan origination activity mentioned earlier.

The management team is using these activities to drive results, with adjusted pre-tax pre-provision net revenue reaching a record $224 million in the third quarter, up nearly 9% from the prior quarter.

• Converted First Chatham Bank in August 2025.
• Achieved adjusted net income from continuing operations of $152.8 million, or $0.81 per share, for Q3 2025.
• Total adjusted revenue was $517 million, an increase of $41 million or 9% quarter-over-quarter.

Finance: draft the 13-week cash view by Friday.

Cadence Bank (CADE) - Canvas Business Model: Key Resources

The Key Resources for Cadence Bank (CADE) as of late 2025 center on a robust balance sheet, a significant physical presence, and a substantial human capital base, all supporting its regional banking franchise.

The foundation of Cadence Bank's operational capacity is its balance sheet strength. As of the quarter ending September 30, 2025, the bank reported total assets of approximately $53.282 billion. This scale is underpinned by strong capital management, evidenced by an estimated Common Equity Tier 1 (CET1) capital ratio of 11.5% as of September 30, 2025. This ratio demonstrates a solid buffer above regulatory minimums, which is critical for absorbing potential economic shocks and supporting growth initiatives.

Geographic reach remains a core physical resource. Cadence Bank maintains a network of over 390 branches spanning the Southeast and Texas regions. This physical footprint is complemented by the human element, which is described as a dedicated team of approximately 5,300 experienced teammates. This team is tasked with delivering the bank's comprehensive line of financial products and services to its customer base.

A critical, less tangible resource is the composition of its funding base. The bank relies on a stable, low-cost core customer deposit base. Total deposits stood at $43.9 billion as of September 30, 2025. Within this, core customer deposits showed stability and growth, increasing by $3.1 billion quarter-over-quarter, reflecting both organic growth and recent acquisitions. Furthermore, the low-cost nature is indicated by noninterest bearing deposits representing 20.6% of total deposits at the end of the third quarter of 2025.

Here is a breakdown of these primary quantitative resources:

Key Resource Category	Metric/Value	Date/Context
Balance Sheet Size	$53.282 billion in Total Assets	September 30, 2025
Regulatory Capital Strength	11.5% Common Equity Tier 1 (CET1) Ratio	September 30, 2025
Physical Footprint	Over 390 branch locations	Late 2025
Human Capital	Approximately 5,300 experienced teammates	As specified in outline
Funding Base Stability	$43.9 billion in Total Deposits	September 30, 2025

The quality of the deposit base is further detailed by its components:

• Core customer deposits grew by $3.1 billion quarter-over-quarter.
• Noninterest bearing deposits comprised 20.6% of total deposits on September 30, 2025.
• Public funds increased by $603.0 million during the third quarter of 2025.
• Brokered deposits declined by $239.0 million over the same period.

The bank's ability to maintain strong capital ratios while integrating recent acquisitions, such as the Industry Bancshares merger effective July 1, 2025, which added approximately $4.1 billion in assets, speaks to the scalability of its human and operational resources. The loan to deposit ratio stood at 83.8% as of September 30, 2025.

Cadence Bank (CADE) - Canvas Business Model: Value Propositions

You're looking at what Cadence Bank actually offers its customers, the core value it delivers. This isn't just about having an account; it's about the depth of service and the regional focus they bring to the table.

Full-service financial solutions for individuals and corporations are a baseline offering. Cadence Bank operates as a leading regional banking franchise, providing a comprehensive suite of products.

The scale of operations as of late 2025 supports this breadth:

• Total Assets reported around $50 billion as of Q1 2025, growing to approximately $55 billion by mid-year 2025.
• The physical footprint includes more than 390 branch locations spanning the South and Texas.
• Total Loans and leases, net of unearned income, reached $36.8 billion as of September 30, 2025.

Relationship-focused banking for middle market and small businesses is a key differentiator, validated by industry recognition. This focus targets firms with sales between $10 million and $500 million (middle market) and those with sales from $1 million to $10 million (small business).

The commitment to this segment is quantified by the depth of customer feedback used for benchmarking:

Metric	Customer Group Surveyed	Count
Middle Market Firms Surveyed	Sales of $10M - $500M	Nearly 12,000
Small Businesses Surveyed	Sales of $1M - $10M	Over 13,000

Regional expertise in high-growth markets like Texas and Georgia is actively being built through strategic expansion. Cadence Bank maintains dual headquarters in Houston, Texas, and Tupelo, Mississippi. The bank recently integrated acquisitions to solidify this focus:

• Completed the acquisition and integration of Industry Bancshares, Inc., adding $4.1 billion in assets and expanding its Texas presence.
• Completed the merger with First Chatham Bank, expanding its presence in Savannah, Georgia.
• The bank reported an expanded deposit share in Texas reaching approximately 37% as of Q2 2025.
• Year-to-date net organic loan growth through Q3 2025 was $1.7 billion, or 6.8% annualized, driven by expansion across its geographic footprint.

Comprehensive wealth management, investment, and trust services round out the offerings for affluent individuals and corporate clients. These services are explicitly part of the full product line available to customers.

The strength of the core banking operations, which supports the overall value proposition, shows in key financial health indicators as of September 30, 2025:

Financial Metric (As of Q3 2025)	Value
Net Interest Margin (NIM)	3.46%
Common Equity Tier 1 Capital Ratio	11.5%
Total Deposits	$43.9 billion
Total Shareholder Equity	$6.1 billion

Recognized as a 2025 Coalition Greenwich Best Bank for Middle Market is a direct validation of the relationship focus. Cadence Bank earned four such awards in 2025, placing it among the top 10% of more than 500 banks evaluated nationwide.

The specific 2025 Coalition Greenwich awards underscore value delivery:

• Best Bank - Overall Satisfaction for Middle Market Banking in the U.S.
• Best Bank - Overall Satisfaction for Small Business Banking in the U.S.
• Best Bank - Satisfaction in Cash Management for Small Business Banking in the U.S.
• Best Bank - Satisfaction with Relationship Management for Small Business Banking in the U.S. (South)

Furthermore, Cadence Bank debuted at rank 89th on the 2025 Fortune 100 Fastest-Growing Companies list, based on growth in revenue, profits, and stock returns over the three years ending June 2025.

Finance: draft 13-week cash view by Friday.

Cadence Bank (CADE) - Canvas Business Model: Customer Relationships

You're looking at how Cadence Bank keeps its customers close, which is central to its regional franchise strategy. The relationship focus is clearly segmented, blending high-touch service for larger clients with robust digital tools for everyday needs.

Dedicated relationship managers for commercial clients

Cadence Bank structures its commercial client service around dedicated relationship managers, ensuring a single point of contact for complex needs. For Middle Market commercial bankers, like a Relationship Manager III, the focus is on building and managing a portfolio of profitable commercial clients, specifically targeting those with revenues exceeding $20 million. These roles are tasked with driving business from prospective clients with revenues between $20MM and $100MM, covering loans, deposits, and treasury management fees. This dedicated approach is validated by external recognition; Cadence Bank earned the 2025 Coalition Greenwich Best Bank Award for 'Best Bank - Satisfaction with Relationship Management for Small Business Banking in the U.S. (South).'

The team approach extends beyond the primary banker:

• Primary relationship manager acts as the main point of contact.
• Clients are introduced to a full support team.
• Support includes market executives and wealth advisors.
• Treasury management officers provide specialized service.

High-touch, personalized service model

The bank emphasizes building rapport to become a trusted advisor, which is especially critical during periods of integration following mergers. Following the May 1, 2025, acquisition of First Chatham Bank and the July 1, 2025, acquisition of Industry Bancshares, Inc., management noted that the newly merged teams did an 'outstanding job retaining and building on customer relationships through the integration process.' This high-touch model is designed to give clients the time and energy required to truly be an asset to them. The bank's commitment to community is also tied to this, as evidenced by its $20.7 billion five-year Community Benefits Plan developed with the National Community Reinvestment Coalition (NCRC).

Relationship Metric/Program	Data Point/Scope	Year/Period
Right@Home Program Home Loans Funded	$152 million	Past Year (2024)
Right@Home Families Supported	Nearly 650 families	Past Year (2024)
Community Development Lending/Investments Commitment (5-Year Plan)	$2.4 billion	2022-2026
Small Business Loans Commitment (5-Year Plan)	$6.5 billion	2022-2026
Cadence Cares Holiday Program Donations Distributed	$150,000	January 2025

Self-service digital platforms for transactional banking

For transactional banking, Cadence Bank supports self-service through its digital offerings, designed to streamline operations for finance and treasury professionals. The Commercial Center portal is a key component of this, built around the workflow process for cash management teams. This platform allows for significant data retention and access, which is a core part of the self-service value proposition. You can expect the following data availability within the single sign-on portal:

• 13 months of images and data available on demand.
• Seven years of PDF bank statements always available.
• Previous and current day balance reporting access.
• Data exportable in formats like BAI2, CSV, and Excel (xls).

This digital focus aligns with broader industry trends; in 2025, an estimated 77% of banking interactions happen via digital channels, with mobile banking being 2.5 times more popular than web-based online banking.

Community involvement and local market presence

Cadence Bank maintains a strong local market presence with over 390 locations spanning the South and Texas as of 2025 reports. The bank's community engagement is quantified through significant financial commitments. For instance, the Cadence Bank Foundation and the bank together donated over $680,000 in 2024 specifically to support affordable housing across its footprint. Furthermore, the bank's commitment to Operation HOPE's financial literacy programs has reached over $2.4 million since inception through 2025.

Proactive shareholder engagement program

Shareholder engagement is demonstrated through capital management actions and transparent communication, such as the 2025 Annual Meeting held virtually on April 23, 2025. A key action reflecting management's confidence was the April 2025 authorization of a new share repurchase program, allowing the company to buy back up to 10 million shares of common stock, set to expire on December 31, 2025, pending Federal Reserve approval. This follows prior activity where the company repurchased 1,237,021 shares in the full year 2024 at a weighted average price of $26.74 per share. The bank also consistently returns capital via dividends, declaring a quarterly cash dividend of $0.275 per share of common stock payable on January 2 (2025).

Cadence Bank (CADE) - Canvas Business Model: Channels

Extensive physical branch network in the Southern U.S.

Cadence Bank operates a network across the South and Texas. As of September 30, 2025, Cadence Bank operates with 362 branches located in 9 states.

The geographic distribution of these branches, based on the latest available detailed count, includes concentrations in key states:

State	Number of Branches
Mississippi	86
Texas	81
Alabama	52
Arkansas	38
Georgia	30
Tennessee	28
Louisiana	24
Florida	18
Missouri	5

The total number of locations spanning the South and Texas is reported as more than 390 as of the Third Quarter 2025 earnings release.

Digital banking platforms (online and mobile)

Cadence Bank provides Mobile & Online Banking services to its customer base. Nationally, a significant majority of consumers, 77 percent, prefer to manage their bank accounts through a mobile app or a computer as of 2025 trends.

ATM network access for consumer convenience

The physical access points include a network of ATMs and advanced service points. Cadence Bank reports 400+ ATMs & Cadence LIVE Teller-Enabled ATMs.

Specifically within Texas, the bank has over 100 ATM and LIVE Teller-enabled ATMs.

Specialized lending and treasury management teams

Cadence Bank deploys specialized teams to deliver specific commercial and business solutions. These offerings channel through:

• Treasury Management
• Specialized Lending
• Asset-Based Lending
• Equipment Financing
• Correspondent Banking
• Foreign Exchange

Net organic loan growth in the third quarter of 2025 was driven by expansion across lending verticals, including Commercial & Industrial, energy, and specialized industries.

Mortgage and wealth management direct sales channels

Direct sales channels are supported by dedicated location counts for specialized services. For the three months ended March 31, 2025, Noninterest revenue was $85.4 million, which includes revenue from mortgage banking operations.

The dedicated channel counts are:

• Mortgage Locations: 114
• Wealth Management Locations: 30

The Mortgage segment includes originating mortgage loans, selling them in the secondary market, and servicing the loans sold on a servicing retained basis.

Cadence Bank (CADE) - Canvas Business Model: Customer Segments

You're looking at the core client base for Cadence Bank as of late 2025, which is quite diverse, spanning from individual consumers to large institutional players. Honestly, the sheer volume of individual relationships is the foundation here.

Individuals and consumers (~84% of unique deposit accounts)

This segment represents the bulk of the customer count. As of the May 2025 investor materials, Cadence Bank served approximately 945,000 unique customer deposit accounts. Of those, about 84% were consumer accounts, showing the deep retail penetration across their footprint. You can see the focus on consumer banking reflected in the Q1 2025 net organic loan growth, which was driven in part by the mortgage segment.

Small businesses and middle market companies

These clients are serviced through the Community Banking segment, which provides a broad range of services. The organic loan growth seen in the third quarter of 2025 was broad-based, specifically mentioning growth in C&I (Commercial and Industrial) and specialized industries lending verticals. This is where the bank captures a lot of its day-to-day commercial relationship business.

Large corporations and commercial real estate investors

The Corporate Banking segment handles C&I, business banking, and commercial real estate lending for larger clients. While organic loan growth was strong year-to-date 2025 at $1.7 billion (or 6.8% annualized), the Q3 2025 activity showed that commercial real estate lending experienced paydowns, even as other corporate areas like energy grew. This suggests a disciplined approach to managing exposure in that specific asset class.

Affluent individuals seeking wealth and trust services

Cadence Bank supports this group through its Banking Services segment, which is all about helping clients protect, grow, and transfer wealth. The offerings here are quite comprehensive, including:

• Wealth Management For Institutions
• Institutional Trusts
• Philanthropy Services
• Investment Management
• Employee Benefits and Retirement

The bank noted a 4.9% increase in assets under management during the first quarter of 2025.

Public funds and institutional depositors

This segment is distinct from the core customer deposits, which exclude brokered deposits and public funds. Total deposits reached $43.9 billion as of September 30, 2025. Public funds specifically increased by $603.0 million in Q3 2025, largely due to deposits added from the Industry Bancshares acquisition. Furthermore, the uninsured portion of public funds from municipal and state government entities are explicitly collateralized by the bank.

Here's a quick look at the deposit base context as of late 2025:

Metric	Value / Date	Context
Total Deposits	$43.9 billion (as of 9/30/2025)	Total funding base
Core Customer Deposits Growth	$3.1 billion (QoQ as of 9/30/2025)	Excludes brokered and public funds
Public Funds Increase	$603.0 million (Q3 2025)	Reflects acquisition activity
Total Unique Deposit Accounts	Approx. 945,000	Overall customer relationship count
Consumer Deposit Account Share	Approx. 84%	Share of unique deposit accounts

If you're mapping out your engagement strategy, remember that the organic loan growth in Q3 2025 was $328.4 million, showing that even with acquisitions, the core business is still moving assets. Finance: draft 13-week cash view by Friday.

Cadence Bank (CADE) - Canvas Business Model: Cost Structure

You're looking at the core expenses Cadence Bank incurs to run its operations as of late 2025, which is heavily influenced by recent growth and the cost of money.

Personnel is a major fixed cost. Cadence Bank has a significant team to manage its operations across its footprint. The latest figures suggest the headcount is around ~5,900 Cadence Bank Teammates, though other reports cite a figure of 5,335 employees as of earlier in 2025.

The cost of funding remains central. For the third quarter of 2025, the average cost of total deposits settled at 2.25%. Overall, total funding costs, which include deposits and borrowings, were 2.35% for Q3 2025.

Technology and data processing are essential for core systems supporting the expanded network. The cost structure reflects ongoing investment in these areas. Here's a look at some key non-interest expense line items from recent quarters, keeping in mind that figures from the Q3 2025 release are often presented in thousands of dollars:

Cost Category	Period	Amount (in thousands)
Salaries and employee benefits	Q1 2025	$152,972
Data processing and software	Q3 2025	$93,953
Occupancy and equipment	Q3 2025	$31,892
Merger expense (related to M&A)	Q1 2025	$315

The physical footprint requires substantial outlay. Cadence Bank operates >390 Full-Service Branches across Texas and the South. The related occupancy and equipment costs for Q3 2025 were $31,892 thousand.

M&A activity has introduced integration costs. Cadence Bank completed the acquisition of First Chatham Bank on May 1, 2025, and the Industry Bancshares, Inc. merger closed on July 1, 2025. The impact of these integrations is visible in expenses; for instance, adjusted non-interest expense in Q3 2025 increased by approximately $22.8 million, largely attributed to merger-related items.

You should monitor these key cost drivers:

• Salaries and employee benefits for approximately ~5,900 teammates.
• The cost of total deposits at 2.25% in Q3 2025.
• Data processing and software expenses, which hit $93,953 thousand in Q3 2025.
• The ongoing operational cost for >390 physical locations.
• The residual impact of recent acquisitions, evidenced by the ~$22.8 million merger-related expense increase in Q3 2025.

Finance: draft 13-week cash view by Friday.

Cadence Bank (CADE) - Canvas Business Model: Revenue Streams

You're looking at the core ways Cadence Bank brings in money as of late 2025, based on their third-quarter performance. Honestly, for a bank, it boils down to two main buckets: the interest they earn and the fees they charge for services.

Net Interest Income (NII) from loans and securities is the biggest piece of the pie. This is the difference between the interest Cadence Bank earns on its assets, like the loans it makes and the securities it holds, and the interest it pays out on deposits and borrowings. For the third quarter of 2025, the Net interest revenue hit $423.7 million. This was a solid increase, up 12.1% compared to the second quarter of 2025, helped by the larger balance sheet from acquisitions and an improved net interest margin of 3.46%.

The second major component is Noninterest revenue, which totaled $93.5 million in Q3 2025. This figure represents the income generated from services rather than lending spreads. It's important to note that this was a slight sequential decline of 4.8% from the second quarter of 2025, primarily due to lower mortgage banking revenue.

Here's a quick breakdown of the key components making up that noninterest revenue:

• Deposit service charge revenue was $19.0 million for the third quarter of 2025.
• Wealth management revenue stood at $24.5 million for Q3 2025.
• Credit card, debit card and merchant fee revenue was $13.5 million.

We can map out the noninterest revenue streams in more detail:

Revenue Component	Q3 2025 Amount (Millions USD)	Sequential Change from Q2 2025
Total Noninterest Revenue	$93.5	Down 4.8%
Wealth Management Revenue	$24.5	Down from $25.3 (due to seasonal tax revenues)
Deposit Service Charge Revenue	$19.0	Up from $18.1
Credit Card, Debit Card and Merchant Fee Revenue	$13.5	Up from $13.0
Mortgage Banking Revenue	$4.5	Down from $8.7

You asked specifically about Fee income from treasury management and service charges. The reported Deposit service charge revenue of $19.0 million is the closest direct figure, showing growth from the prior quarter, reflecting activity from acquired banks. Treasury management fees are generally included within these service charges.

For Wealth management, investment, and trust service fees, the Wealth management revenue was $24.5 million in Q3 2025. This was slightly lower than the second quarter, specifically due to about $1 million in second-quarter seasonal trust tax revenues that didn't repeat.

Regarding Mortgage origination and credit/customer swap fees, the direct figure is the Mortgage banking revenue, which was $4.5 million for the quarter. This revenue stream saw a significant sequential decline from $8.7 million in Q2 2025, which the bank attributed to seasonally lower production volume and pipeline activity, plus a reduction in the mortgage servicing rights valuation adjustment. Specific swap fee data isn't broken out separately, but these would be embedded within the overall noninterest income figures.

To be defintely clear, the total reported revenue for the quarter was $517 million, which is the sum of Net Interest Revenue and Noninterest Revenue. Finance: draft Q4 2025 revenue projection by next Tuesday.