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OPERATING SEGMENTS (Tables)
12 Months Ended
Dec. 31, 2014
OPERATING SEGMENTS  
Summary of the operating segments

 

 

 

 

 

 

 

 

 

 

 

Total

 

(In thousands) 

 

Banking

 

Insurance

 

Parent

 

Eliminations

 

Consolidated

 

Year ended December 31, 2014

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

182,221

 

$

 

$

8,470

 

$

(12,000

)

$

178,691

 

Provision for loan losses

 

14,968

 

 

 

 

14,968

 

Non-interest income

 

37,406

 

10,364

 

25,230

 

(25,230

)

47,770

 

Non-interest expense

 

155,642

 

8,058

 

2,286

 

 

165,986

 

Income before income taxes

 

49,017

 

2,306

 

31,414

 

(37,230

)

45,507

 

Income tax expense (benefit)

 

13,085

 

1,008

 

(2,330

)

 

11,763

 

Net income

 

$

35,932

 

$

1,298

 

$

33,744

 

$

(37,230

)

$

33,744

 

 

 

 

 

 

 

 

 

 

 

 

 

Average assets (in millions)

 

$

6,149

 

$

27

 

$

27

 

$

(31

)

$

6,171

 

 

(In thousands)

 

Banking

 

Insurance

 

Parent

 

Eliminations

 

Consolidated

 

Year ended December 31, 2013

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

172,634

 

$

 

$

25,618

 

$

(29,500

)

$

168,752

 

Provision for loan losses

 

11,378

 

 

 

 

11,378

 

Non-interest income

 

48,238

 

9,994

 

15,414

 

(15,414

)

58,232

 

Non-interest expense

 

146,944

 

8,069

 

2,346

 

 

157,359

 

Income before income taxes

 

62,550

 

1,925

 

38,686

 

(44,914

)

58,247

 

Income tax expense (benefit)

 

18,802

 

759

 

(2,457

)

 

17,104

 

Net income

 

$

43,748

 

$

1,166

 

$

41,143

 

$

(44,914

)

$

41,143

 

 

 

 

 

 

 

 

 

 

 

 

 

Average assets (in millions)

 

$

5,279

 

$

27

 

$

741

 

$

(741

)

$

5,307

 

 

(In thousands)

 

Banking

 

Insurance

 

Parent

 

Eliminations

 

Consolidated

 

Year ended December 31, 2012

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

145,167

 

$

 

$

15,221

 

$

(17,000

)

$

143,388

 

Provision for loan losses

 

9,590

 

 

 

 

9,590

 

Non-interest income

 

43,330

 

10,726

 

19,678

 

(19,678

)

54,056

 

Non-interest expense

 

128,366

 

8,452

 

3,988

 

 

140,806

 

Income before income taxes

 

50,541

 

2,274

 

30,911

 

(36,678

)

47,048

 

Income tax expense (benefit)

 

14,597

 

903

 

(2,277

)

 

13,223

 

Net income from continuing operations

 

35,944

 

1,371

 

33,188

 

(36,678

)

33,825

 

Loss from discontinued operations before income taxes (including gain on disposal of $63)

 

(261

)

 

 

 

(261

)

Income tax benefit

 

376

 

 

 

 

376

 

Net loss from discontinued operations

 

(637

)

 

 

 

(637

)

Net income

 

$

35,307

 

$

1,371

 

$

33,188

 

$

(36,678

)

$

33,188

 

 

 

 

 

 

 

 

 

 

 

 

 

Average assets (in millions)

 

$

5,006

 

$

30

 

$

559

 

$

(392

)

$

5,203