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Segment Reporting
 9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Segment Reporting
SEGMENT REPORTING

The Company has two primary operating segments, Banking and Wealth Management, which are delineated by the products and services that each segment offers. The segments are evaluated separately on their individual performance, as well as their contribution to the Company as a whole.

The Banking operating segment consists of a full-service commercial bank, with locations in St. Louis, Kansas City, and Phoenix. The majority of the Company’s assets and income result from the Banking segment. All banking locations have the same product and service offerings, have similar types and classes of customers and utilize similar service delivery methods. Pricing guidelines and operating policies for products and services are the same across all regions.
The Banking operating segment also includes activities surrounding PCI loans and other assets acquired under FDIC loss share agreements. 

The Wealth Management operating segment includes the Trust division of the Bank and the state tax credit brokerage activities. The Trust division provides estate planning, investment management, and retirement planning as well as strategic planning and management succession issues. State tax credits are part of a fee initiative designed to augment the Company’s Wealth Management segment and Banking lines of business.
 
The Company's Corporate and Intercompany activities represent the elimination of items between segments as well as Corporate related items that management feels are not allocable to either of the two respective segments.

The financial information for each business segment reflects that information which is specifically identifiable or which is allocated based on an internal allocation method. There were no material intersegment revenues among the two segments. Management periodically makes changes to methods of assigning costs and income to its business segments to better reflect operating results. When appropriate, these changes are reflected in prior year information presented below.

Following are the financial results for the Company’s operating segments.

(in thousands)
Banking
 
Wealth Management
 
Corporate and Intercompany
 
Total
 
Three months ended September 30,
Income Statement Information
2014
Net interest income (expense)
$
27,804

 
$
(16
)
 
$
(344
)
 
$
27,444

Provision for loan losses
(1,811
)
 
—

 
—

 
(1,811
)
Noninterest income
2,424

 
1,909

 
119

 
4,452

Noninterest expense
18,353

 
1,946

 
822

 
21,121

Income (loss) before income tax expense (benefit)
13,686

 
(53
)
 
(1,047
)
 
12,586

 
 
 
 
 
 
 
 
 
2013
Net interest income (expense)
$
33,476

 
$
(166
)
 
$
(736
)
 
$
32,574

Provision for loan losses
2,159

 
—

 
—

 
2,159

Noninterest income
1,684

 
2,006

 
26

 
3,716

Noninterest expense
17,855

 
1,809

 
1,344

 
21,008

Income (loss) before income tax expense (benefit)
15,146

 
31

 
(2,054
)
 
13,123

 
 
 
 
 
 
 
 
 
Nine months ended September 30,
Income Statement Information
2014
Net interest income (expense)
$
87,733

 
$
(58
)
 
$
(1,123
)
 
$
86,552

Provision for loan losses
3,398

 
—

 
—

 
3,398

Noninterest income
5,448

 
6,200

 
131

 
11,779

Noninterest expense
53,817

 
5,589

 
3,262

 
62,668

Income (loss) before income tax expense (benefit)
35,966

 
553

 
(4,254
)
 
32,265

 
 
 
 
 
 
 
 
 
2013
Net interest income (expense)
$
105,738

 
$
(292
)
 
$
(2,665
)
 
$
102,781

Provision for loan losses
(305
)
 
—

 
—

 
(305
)
Noninterest income
(1,758
)
 
6,611

 
100

 
4,953

Noninterest expense
53,006

 
5,644

 
3,789

 
62,439

Income (loss) before income tax expense (benefit)
51,279

 
675

 
(6,354
)
 
45,600

 
 
 
 
 
 
 
 
Balance Sheet Information
September 30, 2014
 
December 31, 2013
Total assets:
 
 
 
Banking
$
3,093,055
 
 
$
3,051,256
 
Wealth Management
98,269
 
 
101,026
 
Corporate and Intercompany
18,266
 
 
17,915
 
Total
3,209,590
 
 
3,170,197