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Business Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Line of Business Segment Financial Results

Business Segment financial results for the three and six months ended June 30, 2018 and June 30, 2017 were as follows (in thousands):

 

 

 

Three Months Ended June 30, 2018

 

 

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Healthcare Services

 

 

Total

 

Net interest income

 

$

93,011

 

 

$

16,279

 

 

$

31,111

 

 

$

9,825

 

 

$

150,226

 

Provision for loan losses

 

 

5,139

 

 

 

322

 

 

 

1,539

 

 

 

—

 

 

 

7,000

 

Noninterest income

 

 

19,178

 

 

 

43,411

 

 

 

28,720

 

 

 

8,980

 

 

 

100,289

 

Noninterest expense

 

 

62,859

 

 

 

47,551

 

 

 

54,259

 

 

 

12,549

 

 

 

177,218

 

Income before taxes

 

 

44,191

 

 

 

11,817

 

 

 

4,033

 

 

 

6,256

 

 

 

66,297

 

Income tax expense

 

 

7,246

 

 

 

1,939

 

 

 

662

 

 

 

1,026

 

 

 

10,873

 

Income from continuing operations

 

$

36,945

 

 

$

9,878

 

 

$

3,371

 

 

$

5,230

 

 

$

55,424

 

Average assets

 

$

9,740,000

 

 

$

3,934,000

 

 

$

4,799,000

 

 

$

2,147,000

 

 

$

20,620,000

 

 

 

 

Three Months Ended June 30, 2017

 

 

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Healthcare Services

 

 

Total

 

Net interest income

 

$

86,810

 

 

$

12,415

 

 

$

30,615

 

 

$

7,554

 

 

$

137,394

 

Provision for loan losses

 

 

12,114

 

 

 

320

 

 

 

2,066

 

 

 

—

 

 

 

14,500

 

Noninterest income

 

 

21,714

 

 

 

48,161

 

 

 

31,135

 

 

 

9,296

 

 

 

110,306

 

Noninterest expense

 

 

62,545

 

 

 

46,610

 

 

 

56,516

 

 

 

11,268

 

 

 

176,939

 

Income before taxes

 

 

33,865

 

 

 

13,646

 

 

 

3,168

 

 

 

5,582

 

 

 

56,261

 

Income tax expense

 

 

7,188

 

 

 

3,137

 

 

 

106

 

 

 

1,059

 

 

 

11,490

 

Income from continuing operations

 

$

26,677

 

 

$

10,509

 

 

$

3,062

 

 

$

4,523

 

 

$

44,771

 

Average assets

 

$

9,842,000

 

 

$

3,316,000

 

 

$

5,293,000

 

 

$

1,864,000

 

 

$

20,315,000

 

 

 

 

Six Months Ended June 30, 2018

 

 

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Healthcare Services

 

 

Total

 

Net interest income

 

$

185,006

 

 

$

32,023

 

 

$

62,003

 

 

$

19,116

 

 

$

298,148

 

Provision for loan losses

 

 

13,117

 

 

 

672

 

 

 

3,211

 

 

 

—

 

 

 

17,000

 

Noninterest income

 

 

39,775

 

 

 

88,830

 

 

 

59,434

 

 

 

17,775

 

 

 

205,814

 

Noninterest expense

 

 

125,131

 

 

 

94,383

 

 

 

109,225

 

 

 

24,355

 

 

 

353,094

 

Income before taxes

 

 

86,533

 

 

 

25,798

 

 

 

9,001

 

 

 

12,536

 

 

 

133,868

 

Income tax expense

 

 

13,516

 

 

 

4,030

 

 

 

1,406

 

 

 

1,959

 

 

 

20,911

 

Income from continuing operations

 

$

73,017

 

 

$

21,768

 

 

$

7,595

 

 

$

10,577

 

 

$

112,957

 

Average assets

 

$

9,765,000

 

 

$

3,882,000

 

 

$

4,885,000

 

 

$

2,151,000

 

 

$

20,683,000

 

 

 

 

Six Months Ended June 30, 2017

 

 

 

Commercial Banking

 

 

Institutional Banking

 

 

Personal Banking

 

 

Healthcare Services

 

 

Total

 

Net interest income

 

$

172,108

 

 

$

23,971

 

 

$

60,809

 

 

$

14,821

 

 

$

271,709

 

Provision for loan losses

 

 

18,934

 

 

 

789

 

 

 

3,777

 

 

 

—

 

 

 

23,500

 

Noninterest income

 

 

40,919

 

 

 

93,828

 

 

 

59,671

 

 

 

18,805

 

 

 

213,223

 

Noninterest expense

 

 

125,202

 

 

 

91,362

 

 

 

112,632

 

 

 

21,553

 

 

 

350,749

 

Income before taxes

 

 

68,891

 

 

 

25,648

 

 

 

4,071

 

 

 

12,073

 

 

 

110,683

 

Income tax expense

 

 

14,870

 

 

 

5,456

 

 

 

1,015

 

 

 

2,595

 

 

 

23,936

 

Income from continuing operations

 

$

54,021

 

 

$

20,192

 

 

$

3,056

 

 

$

9,478

 

 

$

86,747

 

Average assets

 

$

9,730,000

 

 

$

3,391,000

 

 

$

5,317,000

 

 

$

1,837,000

 

 

$

20,275,000