XML 46 R37.htm IDEA: XBRL DOCUMENT v3.22.2.2
Segment Information (Tables)
9 Months Ended
Sep. 30, 2022
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)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 
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 
Consolidated net income$142,961 $109,137 $33,824 31 %
Segment assets:
Community Banking$41,193,521 $38,464,169 $2,729,352 %
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 
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 %
Specialty Finance251,108 212,751 38,357 18 
Wealth Management120,751 118,848 1,903 
Total Operating Segments1,427,346 1,306,744 120,602 
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 
Consolidated net income$364,865 $367,394 $(2,529)(1)%
NM - Not meaningful