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Segments (Tables)
12 Months Ended
Dec. 31, 2016
Segments  
Summary Of Results Of Operations By Operating Segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended December 31, 2016

 

 

 

 

 

 

 

 

 

Corporate

 

 

 

 

 

 

Commercial

 

Fee-Based

 

Support and

 

 

 

 

(in thousands)

  

Banking

    

Lines

    

Other

    

Consolidated

 

Income Statement

 

 

 

 

 

 

 

 

 

 

 

 

 

Total interest income

 

$

127,403

 

$

2

 

$

377

 

$

127,782

 

Total interest expense

 

 

4,427

 

 

25

 

 

7,279

 

 

11,731

 

Provision for loan losses

 

 

(1,816)

 

 

 -

 

 

(285)

 

 

(2,101)

 

Noninterest income

 

 

14,050

 

 

18,282

 

 

1,828

 

 

34,160

 

Noninterest expense

 

 

38,159

 

 

17,422

 

 

49,650

 

 

105,231

 

Management fees and allocations

 

 

27,912

 

 

1,673

 

 

(29,585)

 

 

 -

 

Provision (benefit) for income taxes

 

 

32,606

 

 

372

 

 

(20,796)

 

 

12,182

 

Net income (loss)

 

$

40,165

 

$

(1,208)

 

$

(4,058)

 

$

34,899

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization

 

$

2,613

 

$

807

 

$

112

 

$

3,532

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Identifiable assets at December 31, 2016

 

$

3,593,528

 

$

11,053

 

$

25,732

 

$

3,630,313

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended December 31, 2015

 

 

 

 

 

 

 

 

 

Corporate

 

 

 

 

 

 

Commercial

 

Fee-Based

 

Support and

 

 

 

 

(in thousands)

  

Banking

    

Lines

    

Other

    

Consolidated

 

Income Statement

 

 

 

 

 

 

 

 

 

 

 

 

 

Total interest income

 

$

119,896

 

$

2

 

$

1,368

 

$

121,266

 

Total interest expense

 

 

3,947

 

 

44

 

 

5,599

 

 

9,590

 

Provision for loan losses

 

 

6,837

 

 

 -

 

 

(417)

 

 

6,420

 

Noninterest income

 

 

11,427

 

 

17,879

 

 

1,361

 

 

30,667

 

Noninterest expense

 

 

37,849

 

 

16,331

 

 

45,997

 

 

100,177

 

Management fees and allocations

 

 

25,225

 

 

1,334

 

 

(26,559)

 

 

 -

 

Provision (benefit) for income taxes

 

 

27,679

 

 

643

 

 

(18,716)

 

 

9,606

 

Net income (loss) from continuing operations

 

 

29,786

 

 

(471)

 

 

(3,175)

 

 

26,140

 

Loss from discontinued operations, net of tax

 

 

 -

 

 

(71)

 

 

 -

 

 

(71)

 

Net income (loss)

 

$

29,786

 

$

(542)

 

$

(3,175)

 

$

26,069

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization

 

$

2,430

 

$

792

 

$

33

 

$

3,255

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Identifiable assets at December 31, 2015

 

$

3,317,977

 

$

10,554

 

$

23,236

 

$

3,351,767

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended December 31, 2014

 

 

 

 

 

 

 

 

 

Corporate

 

 

 

 

 

 

Commercial

 

Fee-Based

 

Support and

 

 

 

 

(in thousands)

  

Banking

    

Lines

    

Other

    

Consolidated

 

Income Statement

 

 

 

 

 

 

 

 

 

 

 

 

 

Total interest income

 

$

113,888

 

$

6

 

$

423

 

$

114,317

 

Total interest expense

 

 

4,394

 

 

41

 

 

3,994

 

 

8,429

 

Provision for loan losses

 

 

(3,346)

 

 

 -

 

 

(809)

 

 

(4,155)

 

Noninterest income

 

 

9,940

 

 

16,886

 

 

1,083

 

 

27,909

 

Noninterest expense

 

 

35,602

 

 

15,140

 

 

43,394

 

 

94,136

 

Management fees and allocations

 

 

23,988

 

 

1,115

 

 

(25,103)

 

 

 -

 

Provision (benefit) for income taxes

 

 

30,926

 

 

690

 

 

(16,598)

 

 

15,018

 

Net income (loss) from continuing operations

 

 

32,264

 

 

(94)

 

 

(3,372)

 

 

28,798

 

Income from discontinued operations, net of tax

 

 

 -

 

 

209

 

 

 -

 

 

209

 

Net income (loss)

 

$

32,264

 

$

115

 

$

(3,372)

 

$

29,007

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization

 

$

2,316

 

$

949

 

$

21

 

$

3,286

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Identifiable assets at December 31, 2014

 

$

3,025,107

 

$

14,979

 

$

22,080

 

$

3,062,166