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Segment Information
 9 Months Ended
Sep. 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)September 30,
2022		September 30,
2021
Net interest income:
Community Banking$319,929 $220,007 $99,922 45 %
Specialty Finance64,122 52,659 11,463 22 
Wealth Management9,585 7,983 1,602 20 
Total Operating Segments393,636 280,649 112,987 40 
Intersegment Eliminations7,812 6,847 965 14 
Consolidated net interest income$401,448 $287,496 $113,952 40 %
Provision for credit losses:
Community Banking$3,608 $(7,433)$11,041 NM
Specialty Finance2,812 (483)3,295 NM
Wealth Management— — — — 
Total Operating Segments6,420 (7,916)14,336 NM
Intersegment Eliminations— — — — 
Consolidated provision for credit losses$6,420 $(7,916)$14,336 NM
Non-interest income:
Community Banking$60,615 $94,292 $(33,677)(36)%
Specialty Finance23,784 24,426 (642)(3)
Wealth Management32,452 33,557 (1,105)(3)
Total Operating Segments116,851 152,275 (35,424)(23)
Intersegment Eliminations(15,369)(15,801)432 (3)
Consolidated non-interest income$101,482 $136,474 $(34,992)(26)%
Net revenue:
Community Banking$380,544 $314,299 $66,245 21 %
Specialty Finance87,906 77,085 10,821 14 
Wealth Management42,037 41,540 497 1 
Total Operating Segments510,487 432,924 77,563 18 
Intersegment Eliminations(7,557)(8,954)1,397 (16)
Consolidated net revenue$502,930 $423,970 $78,960 19 %
Segment profit:
Community Banking$104,668 $68,790 $35,878 52 %
Specialty Finance27,187 30,202 (3,015)(10)
Wealth Management11,106 10,145 961 9 
Consolidated net income$142,961 $109,137 $33,824 31 %
Segment assets:
Community Banking$41,193,521 $38,464,169 $2,729,352 7 %
Specialty Finance9,450,977 7,918,933 1,532,044 19 
Wealth Management1,738,441 1,449,169 289,272 20 
Consolidated total assets$52,382,939 $47,832,271 $4,550,668 10 %
NM - Not meaningful
Nine Months Ended$ Change in
Contribution		% Change  in
Contribution
(Dollars in thousands)September 30,
2022		September 30,
2021
Net interest income:
Community Banking$810,270 $643,175 $167,095 26 %
Specialty Finance178,210 142,752 35,458 25 
Wealth Management27,495 23,197 4,298 19 
Total Operating Segments1,015,975 809,124 206,851 26 
Intersegment Eliminations22,571 19,857 2,714 14 
Consolidated net interest income$1,038,546 $828,981 $209,565 25 %
Provision for credit losses:
Community Banking$27,951 $(69,168)$97,119 NM
Specialty Finance2,992 606 2,386 NM
Wealth Management— — — — 
Total Operating Segments30,943 (68,562)99,505 NM
Intersegment Eliminations— — — — 
Consolidated provision for credit losses$30,943 $(68,562)$99,505 NM
Non-interest income:
Community Banking$245,217 $331,970 $(86,753)(26)%
Specialty Finance72,898 69,999 2,899 4 
Wealth Management93,256 95,651 (2,395)(3)
Total Operating Segments411,371 497,620 (86,249)(17)
Intersegment Eliminations(44,157)(45,267)1,110 (2)
Consolidated non-interest income$367,214 $452,353 $(85,139)(19)%
Net revenue:
Community Banking$1,055,487 $975,145 $80,342 8 %
Specialty Finance251,108 212,751 38,357 18 
Wealth Management120,751 118,848 1,903 2 
Total Operating Segments1,427,346 1,306,744 120,602 9 
Intersegment Eliminations(21,586)(25,410)3,824 (15)
Consolidated net revenue$1,405,760 $1,281,334 $124,426 10 %
Segment profit:
Community Banking$249,414 $263,343 $(13,929)(5)%
Specialty Finance87,349 77,955 9,394 12 
Wealth Management28,102 26,096 2,006 8 
Consolidated net income$364,865 $367,394 $(2,529)(1)%
NM - Not meaningful