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Segment Information
 6 Months Ended
Jun. 30, 2023
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 Note (1) “Summary of Significant Accounting Policies” of the 2022 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,
2023		June 30,
2022
Net interest income:
Community Banking$346,232 $261,726 $84,506 32 %
Specialty Finance84,993 58,718 26,275 45 
Wealth Management7,404 9,534 (2,130)(22)
Total Operating Segments438,629 329,978 108,651 33 
Intersegment Eliminations8,908 7,826 1,082 14 
Consolidated net interest income$447,537 $337,804 $109,733 32 %
Provision for credit losses:
Community Banking$26,713 $20,225 $6,488 32 %
Specialty Finance1,801 192 1,609 NM
Wealth Management— — — — 
Total Operating Segments28,514 20,417 8,097 40 
Intersegment Eliminations— — — — 
Consolidated provision for credit losses$28,514 $20,417 $8,097 40 %
Non-interest income:
Community Banking$68,130 $62,714 $5,416 9 %
Specialty Finance31,737 24,992 6,745 27 
Wealth Management33,391 30,226 3,165 10 
Total Operating Segments133,258 117,932 15,326 13 
Intersegment Eliminations(20,228)(14,990)(5,238)35 
Consolidated non-interest income$113,030 $102,942 $10,088 10 %
Net revenue:
Community Banking$414,362 $324,440 $89,922 28 %
Specialty Finance116,730 83,710 33,020 39 
Wealth Management40,795 39,760 1,035 3 
Total Operating Segments571,887 447,910 123,977 28 
Intersegment Eliminations(11,320)(7,164)(4,156)58 
Consolidated net revenue$560,567 $440,746 $119,821 27 %
Segment profit:
Community Banking$102,517 $54,647 $47,870 88 %
Specialty Finance46,402 30,558 15,844 52 
Wealth Management5,831 9,308 (3,477)(37)
Consolidated net income$154,750 $94,513 $60,237 64 %
Segment assets:
Community Banking$42,452,673 $40,098,458 $2,354,215 6 %
Specialty Finance10,549,819 9,207,215 1,342,604 15 
Wealth Management1,283,684 1,663,659 (379,975)(23)
Consolidated total assets$54,286,176 $50,969,332 $3,316,844 7 %
NM - Not meaningful
Six Months Ended$ Change in
Contribution		% Change  in
Contribution
(Dollars in thousands)June 30,
2023		June 30,
2022
Net interest income:
Community Banking$716,080 $490,341 $225,739 46 %
Specialty Finance155,344 114,088 41,256 36 
Wealth Management16,359 17,910 (1,551)(9)
Total Operating Segments887,783 622,339 265,444 43 
Intersegment Eliminations17,749 14,759 2,990 20 
Consolidated net interest income$905,532 $637,098 $268,434 42 %
Provision for credit losses:
Community Banking$47,812 $24,343 $23,469 96 %
Specialty Finance3,747 180 3,567 NM
Wealth Management— — — — 
Total Operating Segments51,559 24,523 27,036 110 
Intersegment Eliminations— — — 
Consolidated provision for credit losses$51,559 $24,523 $27,036 110 %
Non-interest income:
Community Banking$136,863 $184,602 $(47,739)(26)%
Specialty Finance57,527 49,114 8,413 17 
Wealth Management63,688 60,804 2,884 5 
Total Operating Segments258,078 294,520 (36,442)(12)
Intersegment Eliminations(37,279)(28,788)(8,491)29 
Consolidated non-interest income$220,799 $265,732 $(44,933)(17)%
Net revenue:
Community Banking$852,943 $674,943 $178,000 26 %
Specialty Finance212,871 163,202 49,669 30 
Wealth Management80,047 78,714 1,333 2 
Total Operating Segments1,145,861 916,859 229,002 25 
Intersegment Eliminations(19,530)(14,029)(5,501)39 
Consolidated net revenue$1,126,331 $902,830 $223,501 25 %
Segment profit:
Community Banking$236,749 $144,746 $92,003 64 %
Specialty Finance83,139 60,162 22,977 38 
Wealth Management15,060 16,996 (1,936)(11)
Consolidated net income$334,948 $221,904 $113,044 51 %
NM - Not meaningful