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Segment Information
 3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company’s operations consist of three primary segments: community banking, specialty finance and wealth management.

The three reportable segments are strategic business units that are separately managed as they offer different products and services and have different marketing strategies. In addition, each segment’s customer base has varying characteristics and each segment has a different regulatory environment. While the Company’s management monitors each of the fifteen bank subsidiaries’ operations and profitability separately, these subsidiaries have been aggregated into one reportable operating segment due to the similarities in products and services, customer base, operations, profitability measures, and economic characteristics.

For purposes of internal segment profitability, management allocates certain intersegment and parent company balances. Management allocates a portion of revenues to the specialty finance segment related to loans and leases originated by the specialty finance segment and sold or assigned to the community banking segment. Similarly, for purposes of analyzing the contribution from the wealth management segment, management allocates a portion of the net interest income earned by the community banking segment on deposit balances of customers of the wealth management segment to the wealth management segment. See Note 10 - Deposits, for more information on these deposits. Finally, expenses incurred at the Wintrust parent company are allocated to each segment based on each segment's risk-weighted assets.

The segment financial information provided in the following table has been derived from the internal profitability reporting system used by management to monitor and manage the financial performance of the Company. The accounting policies of the segments are substantially similar to those described in “Summary of Significant Accounting Policies” in Note 1 of the Company’s 2021 Form 10-K. The Company evaluates segment performance based on after-tax profit or loss and other appropriate profitability measures common to each segment.
The following is a summary of certain operating information for reportable segments:
Three Months Ended$ Change in
Contribution		% Change  in
Contribution
(Dollars in thousands)March 31,
2022		March 31,
2021
Net interest income:
Community Banking$228,615 $203,489 $25,126 12 %
Specialty Finance55,370 44,899 10,471 23 
Wealth Management8,376 7,449 927 12 
Total Operating Segments292,361 255,837 36,524 14 
Intersegment Eliminations6,933 6,058 875 14 
Consolidated net interest income$299,294 $261,895 $37,399 14 %
Provision for credit losses:
Community Banking$4,118 $(46,572)$50,690 NM
Specialty Finance(12)1,225 (1,237)NM
Wealth Management— — — — %
Total Operating Segments4,106 (45,347)49,453 NM
Intersegment Eliminations— — — — 
Consolidated provision for credit losses$4,106 $(45,347)$49,453 NM
Non-interest income:
Community Banking$121,888 $147,268 $(25,380)(17)%
Specialty Finance24,122 23,109 1,013 4 
Wealth Management30,578 30,251 327 1 
Total Operating Segments176,588 200,628 (24,040)(12)
Intersegment Eliminations(13,798)(14,122)324 (2)
Consolidated non-interest income$162,790 $186,506 $(23,716)(13)%
Net revenue:
Community Banking$350,503 $350,757 $(254)0 %
Specialty Finance79,492 68,008 11,484 17 
Wealth Management38,954 37,700 1,254 3 
Total Operating Segments468,949 456,465 12,484 3 
Intersegment Eliminations(6,865)(8,064)1,199 (15)
Consolidated net revenue$462,084 $448,401 $13,683 3 %
Segment profit:
Community Banking$90,099 $121,801 $(31,702)(26)%
Specialty Finance29,604 23,903 5,701 24 
Wealth Management7,688 7,444 244 3 
Consolidated net income$127,391 $153,148 $(25,757)(17)%
Segment assets:
Community Banking$40,050,015 $37,102,603 $2,947,412 8 %
Specialty Finance8,624,501 7,174,269 1,450,232 20 
Wealth Management1,576,145 1,405,330 170,815 12 
Consolidated total assets$50,250,661 $45,682,202 $4,568,459 10 %
NM - Not meaningful