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Segment reporting
 9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment reporting Segment reporting:
The Company and the Bank are engaged in the business of banking and provide a full range of financial services. The Company determines reportable segments based on the significance of the segment’s operating results to the overall Company, the products and services offered, customer characteristics, processes and service delivery of the segments and the regular financial performance review and allocation of resources by the Chief Executive Officer (“CEO”), the Company’s chief operating decision maker. The Company has identified two distinct reportable segments—Banking and Mortgage. The Company’s primary segment is Banking, which provides a full range of deposit and lending products and services to corporate, commercial and consumer customers. The Company offers full-service conforming residential mortgage products, including conforming residential loans and services through the Mortgage segment utilizing mortgage offices outside of the geographic footprint of the Banking operations. Additionally, the Mortgage segment includes the servicing of residential mortgage loans and the packaging and securitization of loans to governmental agencies. The residential mortgage products and services originated in our Banking footprint and related revenues and expenses are included in our Banking segment. The Company’s mortgage division represents a distinct reportable segment which differs from the Company’s primary business of commercial and retail banking.
The financial performance of the Mortgage segment is assessed based on results of operations reflecting direct revenues and expenses and allocated expenses. This approach gives management a better indication of the operating performance of the segment. When assessing the Banking segment’s financial performance, the CEO utilizes reports with indirect revenues and expenses including but not limited to the investment portfolio, electronic delivery channels and areas that primarily support the banking segment operations. Therefore these are included in the results of the Banking segment. Other indirect revenue and expenses related to general administrative areas are also included in the internal financial results reports of the Banking segment utilized by the CEO for analysis and are thus included for Banking segment reporting. The Mortgage segment utilizes funding sources from the Banking segment in order to fund mortgage loans that are ultimately sold on the secondary market. The Mortgage segment uses the proceeds from loan sales to repay obligations due to the Banking segment.
During the first quarter of 2019, the Company's Board of Directors approved management's strategic plan to exit its wholesale mortgage delivery channels. On June 7, 2019, the Company completed the sale of its third party origination ("TPO") channel and on August 1, 2019, the Company completed the sale of its correspondent channel. The Mortgage segment incurred $112 and $1,995 in restructuring charges, during the three and nine months ended September 30, 2019, respectively, related to these sales. The restructuring charges include a one time charge of $100 in relief of goodwill associated with the TPO channel.
The following tables provide segment financial information for the three and nine months ended September 30, 2020 and 2019 as follows:
Three Months Ended September 30, 2020
Banking		MortgageConsolidated
Net interest income$68,791 $37 $68,828 
Provisions for credit losses(1)
55,401 — 55,401 
Mortgage banking income24,683 67,443 92,126 
Change in fair value of mortgage servicing rights, net of hedging(2)
— (7,440)(7,440)
Other noninterest income12,340 — 12,340 
Depreciation and amortization 1,550 143 1,693 
Amortization of intangibles1,417 — 1,417 
Other noninterest mortgage banking expense15,175 29,909 45,084 
Other noninterest expense(3)
69,568 330 69,898 
(Loss) income before income taxes$(37,297)$29,658 $(7,639)
Income tax benefit(2,040)
Net loss(5,599)
Total assets$10,378,122 $632,316 $11,010,438 
Goodwill236,086 — 236,086 
(1)Included $9,567 in provision for credit losses on unfunded commitments.
(2)Included in mortgage banking income in the Company's consolidated statements of income.
(3)Included $20,400 of merger costs in the Banking segment related to the acquisition and integration of Franklin, and $330 of merger costs in the Mortgage segment related to the Franklin merger.
Three Months Ended September 30, 2019
Banking		MortgageConsolidated
Net interest income$58,350 $(45)$58,305 
Provision for credit losses1,831 — 1,831 
Mortgage banking income10,693 23,591 34,284 
Change in fair value of mortgage servicing rights, net of hedging(1)
— (5,091)(5,091)
Other noninterest income8,952 — 8,952 
Depreciation and amortization1,255 125 1,380 
Amortization of intangibles1,197 — 1,197 
Other noninterest mortgage banking expense8,087 15,561 23,648 
Other noninterest expense(2)
36,598 112 36,710 
Income before income taxes29,027 2,657 31,684 
Income tax expense7,718 
Net income23,966 
Total assets$5,730,492 $358,403 $6,088,895 
Goodwill 168,486 — 168,486 
(1)Included in mortgage banking income in the Company's consolidated statements of income.
(2)Included $295 in merger costs in the Banking segment related to the Atlantic Capital branch acquisition and $112 in mortgage restructuring charges in the Mortgage segment.
Nine Months Ended September 30, 2020
Banking		MortgageConsolidated
Net interest income$180,374 $40 $180,414 
Provision for credit losses(1)
110,887 — 110,887 
Mortgage banking income52,274 163,871 216,145 
Change in fair value of mortgage servicing rights, net of hedging(2)
— (26,546)(26,546)
Other noninterest income31,618 — 31,618 
Depreciation and amortization 4,545 379 4,924 
Amortization of intangibles3,825 — 3,825 
Other noninterest mortgage banking expense33,892 74,237 108,129 
Other noninterest expense(3)
150,022 330 150,352 
(Loss) income before income taxes$(38,905)$62,419 $23,514 
Income tax expense5,495 
Net income$18,019 
Total assets$10,378,122 $632,316 $11,010,438 
Goodwill236,086 — 236,086 
(1)Included $13,050 in provision for credit losses on unfunded commitments.
(2)Included in mortgage banking income in the Company's consolidated statements of income.
(3)Included $25,036 of merger costs in the Banking segment related to the acquisition and integration of Farmers National and Franklin, and $330 of merger costs in the Mortgage segment related to the Franklin merger.

Nine Months Ended September 30, 2019
Banking		MortgageConsolidated
Net interest income$168,322 $22 $168,344 
Provision for credit losses4,103 — 4,103 
Mortgage banking income20,530 64,982 85,512 
Change in fair value of mortgage servicing rights, net of hedging(1)
— (10,772)(10,772)
Other noninterest income25,423 — 25,423 
Depreciation and amortization3,431 399 3,830 
Amortization of intangibles3,180 — 3,180 
Other noninterest mortgage banking expense15,090 50,608 65,698 
Other noninterest expense(2)
107,452 1,995 109,447 
Income before income taxes$81,019 $1,230 $82,249 
Income tax expense20,007 
Net income$62,242 
Total assets$5,730,492 $358,403 $6,088,895 
Goodwill168,486 — 168,486 
(1)Included in mortgage banking income in the Company's consolidated statements of income.
(2)Includes $4,699 in merger costs in the Banking segment related to the Atlantic Capital branch acquisition and $1,995 in mortgage restructuring charges in the Mortgage segment.
Our Banking segment provides our Mortgage segment with a warehouse line of credit that is used to fund mortgage loans held for sale. The warehouse line of credit, which is eliminated in consolidation, had a prime interest rate of 3.25% and 5.00% as of September 30, 2020 and 2019, respectively, and is limited based on interest income earned by the Mortgage segment. The amount of interest paid by our Mortgage segment to our Banking segment under this warehouse line of credit is recorded as interest income to our Banking segment and as interest expense to our Mortgage segment, both of which are included in the calculation of net interest income for each segment. The amount of interest paid by our Mortgage segment to our Banking segment under this warehouse line of credit was $3,940 and $2,875 for the three months ended September 30, 2020 and 2019, respectively, and $9,650 and $8,723 for the nine months ended September 30, 2020 and 2019, respectively.