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Segment Information (Tables)
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Summary of Segment Information
The following is a summary of certain operating information for reportable segments:
 
Three months ended
 
$ Change in
Contribution
 
% Change  in
Contribution
(Dollars in thousands)
June 30,
2020
 
June 30,
2019
 
Net interest income:
 
 
 
 
 
 
 
Community Banking
$
205,678

 
$
214,309

 
$
(8,631
)
 
(4
)%
Specialty Finance
42,415

 
39,397

 
3,018

 
8

Wealth Management
8,586

 
6,936

 
1,650

 
24

Total Operating Segments
256,679

 
260,642

 
(3,963
)
 
(2
)
Intersegment Eliminations
6,452

 
5,560

 
892

 
16

Consolidated net interest income
$
263,131

 
$
266,202

 
$
(3,071
)
 
(1
)%
Non-interest income:
 
 
 
 
 
 
 
Community Banking
$
129,698

 
$
65,370

 
$
64,328

 
98
 %
Specialty Finance
21,831

 
19,579

 
2,252

 
12

Wealth Management
24,465

 
24,950

 
(485
)
 
(2
)
Total Operating Segments
175,994

 
109,899

 
66,095

 
60

Intersegment Eliminations
(14,001
)
 
(11,741
)
 
(2,260
)
 
(19
)
Consolidated non-interest income
$
161,993

 
$
98,158

 
$
63,835

 
65
 %
Net revenue:
 
 
 
 
 
 
 
Community Banking
$
335,376

 
$
279,679

 
$
55,697

 
20
 %
Specialty Finance
64,246

 
58,976

 
5,270

 
9

Wealth Management
33,051

 
31,886

 
1,165

 
4

Total Operating Segments
432,673

 
370,541

 
62,132

 
17

Intersegment Eliminations
(7,549
)
 
(6,181
)
 
(1,368
)
 
(22
)
Consolidated net revenue
$
425,124

 
$
364,360

 
$
60,764

 
17
 %
Segment (loss) profit:
 
 
 
 
 
 
 
Community Banking
$
(7,315
)
 
$
53,435

 
$
(60,750
)
 
(114
)%
Specialty Finance
22,688

 
21,129

 
1,559

 
7

Wealth Management
6,286

 
6,902

 
(616
)
 
(9
)
Consolidated net income
$
21,659

 
$
81,466

 
$
(59,807
)
 
(73
)%
Segment assets:
 
 
 
 
 
 
 
Community Banking
$
35,560,107

 
$
27,005,555

 
$
8,554,552

 
32
 %
Specialty Finance
6,708,493

 
5,566,067

 
1,142,426

 
21

Wealth Management
1,271,417

 
1,070,147

 
201,270

 
19

Consolidated total assets
$
43,540,017

 
$
33,641,769

 
$
9,898,248

 
29
 %

 
Six months ended
 
$ Change in
Contribution
 
% Change  in
Contribution
(Dollars in thousands)
June 30,
2020
 
June 30,
2019
 
Net interest income:
 
 
 
 
 
 
 
Community Banking
$
412,513

 
$
425,733

 
$
(13,220
)
 
(3
)%
Specialty Finance
83,127

 
77,103

 
6,024

 
8

Wealth Management
16,378

 
14,438

 
1,940

 
13

Total Operating Segments
512,018

 
517,274

 
(5,256
)
 
(1
)
Intersegment Eliminations
12,556

 
10,914

 
1,642

 
15

Consolidated net interest income
$
524,574

 
$
528,188

 
$
(3,614
)
 
(1
)%
Non-interest income:
 
 
 
 
 
 
 
Community Banking
$
210,701

 
$
113,637

 
$
97,064

 
85
 %
Specialty Finance
43,139

 
39,185

 
3,954

 
10

Wealth Management
48,595

 
49,985

 
(1,390
)
 
(3
)
Total Operating Segments
302,435

 
202,807

 
99,628

 
49

Intersegment Eliminations
(27,200
)
 
(22,992
)
 
(4,208
)
 
18

Consolidated non-interest income
$
275,235

 
$
179,815

 
$
95,420

 
53
 %
Net revenue:
 
 
 
 
 
 
 
Community Banking
$
623,214

 
$
539,370

 
$
83,844

 
16
 %
Specialty Finance
126,266

 
116,288

 
9,978

 
9

Wealth Management
64,973

 
64,423

 
550

 
1

Total Operating Segments
814,453

 
720,081

 
94,372

 
13

Intersegment Eliminations
(14,644
)
 
(12,078
)
 
(2,566
)
 
21

Consolidated net revenue
$
799,809

 
$
708,003

 
$
91,806

 
13
 %
Segment profit:
 
 
 
 
 
 
 
Community Banking
$
27,274

 
$
113,761

 
$
(86,487
)
 
(76
)%
Specialty Finance
44,821

 
42,977

 
1,844

 
4

Wealth Management
12,376

 
13,874

 
(1,498
)
 
(11
)
Consolidated net income
$
84,471

 
$
170,612

 
$
(86,141
)
 
(50
)%