Reportable Segments

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Reportable Segments

Reportable Segments

The Corporation's reportable segments are Consumer Banking, Commercial Banking and Enterprise Services. Consumer Banking is comprised of all of the Corporation's consumer-facing businesses and includes retail banking, consumer lending, wealth management and small business banking. Commercial Banking is comprised of commercial and industrial and commercial real estate banking and lease financing. Enterprise Services is comprised of (i) corporate treasury, which includes the Corporation's investment and borrowing portfolios and management of capital, debt and market risks, (ii) corporate functions, such as information technology, risk and credit management, bank operations, finance, investor relations, corporate development, internal audit, legal and human capital management that provide services to the operating segments, (iii) the Holding Company and (iv) eliminations.

The Corporation evaluates performance and allocates resources based on each reportable segment's net income or loss. The reportable segments follow GAAP as described in "Note 1. Basis of Presentation," except for the accounting for intercompany interest income and interest expense, which are eliminated in consolidation and presenting net interest income on a fully-taxable equivalent basis. The Corporation generally accounts for inter-segment sales and transfers at cost.

Certain information for each of the Corporation's reportable segments, including reconciliations of the consolidated totals, was as follows:

(In thousands)	Consumer Banking		Commercial Banking		Enterprise Services		Consolidated
At or For the Three Months Ended March 31, 2021
Net interest income	$	199,374	$	174,018	$	8,435	$	381,827
Provision (benefit) for credit losses	4,101		16,455		—		20,556
Net interest income after provision for credit losses	195,273		157,563		8,435		361,271
Noninterest income	81,390		49,016		1,654		132,060
Noninterest expense	212,304		110,630		25,748		348,682
Income (loss) before income tax expense (benefit)	64,359		95,949		(15,659)		144,649
Income tax expense (benefit)	13,401		19,568		(13,429)		19,540
Income (loss) after income tax expense (benefit)	50,958		76,381		(2,230)		125,109
Income attributable to non-controlling interest	—		1,773		—		1,773
Preferred stock dividends	—		—		2,493		2,493
Net income (loss) available to common shareholders	50,958		74,608		(4,723)		120,843
Total assets	$	13,699,477	$	25,941,038	$	9,819,036	$	49,459,551
At or For the Three Months Ended March 31, 2020
Net interest income	$	193,832	$	185,986	$	21,663	$	401,481
Provision for credit losses	44,369		52,574		—		96,943
Net interest income after provision for credit losses	149,463		133,412		21,663		304,538
Noninterest income	81,414		55,773		(224)		136,963
Noninterest expense	228,859		114,455		31,285		374,599
Income (loss) before income tax expense (benefit)	2,018		74,730		(9,846)		66,902
Income tax expense (benefit)	1,982		16,306		(5,202)		13,086
Income (loss) after income tax expense (benefit)	36		58,424		(4,644)		53,816
Income attributable to non-controlling interest	—		1,917		—		1,917
Preferred stock dividends	—		—		2,493		2,493
Net income (loss) available to common shareholders	36		56,507		(7,137)		49,406
Total assets	$	14,463,055	$	24,859,839	$	9,271,489	$	48,594,383