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Segment Information
 6 Months Ended
Jun. 30, 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)June 30,
2022		June 30,
2021
Net interest income:
Community Banking$261,726 $219,679 $42,047 19 %
Specialty Finance58,718 45,194 13,524 30 
Wealth Management9,534 7,765 1,769 23 
Total Operating Segments329,978 272,638 57,340 21 
Intersegment Eliminations7,826 6,952 874 13 
Consolidated net interest income$337,804 $279,590 $58,214 21 %
Provision for credit losses:
Community Banking$20,225 $(15,163)$35,388 NM
Specialty Finance192 (136)328 NM
Wealth Management— — — — %
Total Operating Segments20,417 (15,299)35,716 NM
Intersegment Eliminations— — — — 
Consolidated provision for credit losses$20,417 $(15,299)$35,716 NM
Non-interest income:
Community Banking$62,714 $90,410 $(27,696)(31)%
Specialty Finance24,992 22,464 2,528 11 
Wealth Management30,226 31,843 (1,617)(5)
Total Operating Segments117,932 144,717 (26,785)(19)
Intersegment Eliminations(14,990)(15,344)354 (2)
Consolidated non-interest income$102,942 $129,373 $(26,431)(20)%
Net revenue:
Community Banking$324,440 $310,089 $14,351 5 %
Specialty Finance83,710 67,658 16,052 24 
Wealth Management39,760 39,608 152 0 
Total Operating Segments447,910 417,355 30,555 7 
Intersegment Eliminations(7,164)(8,392)1,228 (15)
Consolidated net revenue$440,746 $408,963 $31,783 8 %
Segment profit:
Community Banking$54,647 $72,752 $(18,105)(25)%
Specialty Finance30,558 23,850 6,708 28 
Wealth Management9,308 8,507 801 9 
Consolidated net income$94,513 $105,109 $(10,596)(10)%
Segment assets:
Community Banking$40,098,458 $37,619,971 $2,478,487 7 %
Specialty Finance9,207,215 7,701,921 1,505,294 20 
Wealth Management1,663,659 1,416,558 247,101 17 
Consolidated total assets$50,969,332 $46,738,450 $4,230,882 9 %
NM - Not meaningful
Six Months Ended$ Change in
Contribution		% Change  in
Contribution
(Dollars in thousands)June 30,
2022		June 30,
2021
Net interest income:
Community Banking$490,341 $423,168 $67,173 16 %
Specialty Finance114,088 90,093 23,995 27 
Wealth Management17,910 15,214 2,696 18 
Total Operating Segments622,339 528,475 93,864 18 
Intersegment Eliminations14,759 13,010 1,749 13 
Consolidated net interest income$637,098 $541,485 $95,613 18 %
Provision for credit losses:
Community Banking$24,343 $(61,735)$86,078 NM
Specialty Finance180 1,089 (909)(83)%
Wealth Management— — — — 
Total Operating Segments24,523 (60,646)85,169 NM
Intersegment Eliminations— — — — 
Consolidated provision for credit losses$24,523 $(60,646)$85,169 NM
Non-interest income:
Community Banking$184,602 $237,678 $(53,076)(22)%
Specialty Finance49,114 45,573 3,541 8 
Wealth Management60,804 62,094 (1,290)(2)
Total Operating Segments294,520 345,345 (50,825)(15)
Intersegment Eliminations(28,788)(29,466)678 (2)
Consolidated non-interest income$265,732 $315,879 $(50,147)(16)%
Net revenue:
Community Banking$674,943 $660,846 $14,097 2 %
Specialty Finance163,202 135,666 27,536 20 
Wealth Management78,714 77,308 1,406 2 
Total Operating Segments916,859 873,820 43,039 5 
Intersegment Eliminations(14,029)(16,456)2,427 (15)
Consolidated net revenue$902,830 $857,364 $45,466 5 %
Segment profit:
Community Banking$144,746 $194,553 $(49,807)(26)%
Specialty Finance60,162 47,753 12,409 26 
Wealth Management16,996 15,951 1,045 7 
Consolidated net income$221,904 $258,257 $(36,353)(14)%
NM - Not meaningful