Segments (Tables)

6 Months Ended

Jun. 30, 2020

Schedule Of Financial Information By Segment

The following table presents selected financial information by segment and reconciliations of combined segment totals to consolidated totals. There were no material intersegment revenues among the three segments. Management periodically makes changes to methods of assigning costs and income to its business segments to better reflect operating results. If appropriate, these changes are reflected in prior year information presented below.


(In thousands)	Consumer		Commercial		Wealth		Segment Totals		Other/Elimination		Consolidated Totals
Three Months Ended June 30, 2020
Net interest income	$	81,270	$	102,793	$	13,417	$	197,480	$	5,577	$	203,057
Provision for credit losses	(5,025)		(3,278)		—		(8,303)		(72,236)		(80,539)
Non-interest income	36,291		45,939		44,589		126,819		(9,304)		117,515
Investment securities losses, net	—		—		—		—		(4,129)		(4,129)
Non-interest expense	(75,498)		(78,131)		(30,282)		(183,911)		(3,601)		(187,512)
Income before income taxes	$	37,038	$	67,323	$	27,724	$	132,085	$	(83,693)	$	48,392
Six Months Ended June 30, 2020
Net interest income	$	160,251	$	188,500	$	26,376	$	375,127	$	28,995	$	404,122
Provision for credit losses	(16,231)		(2,922)		(3)		(19,156)		(119,336)		(138,492)
Non-interest income	70,376		95,827		91,999		258,202		(17,024)		241,178
Investment securities losses, net	—		—		—		—		(17,430)		(17,430)
Non-interest expense	(152,717)		(159,067)		(62,143)		(373,927)		(7,283)		(381,210)
Income before income taxes	$	61,679	$	122,338	$	56,229	$	240,246	$	(132,078)	$	108,168
Three Months Ended June 30, 2019
Net interest income	$	79,412	$	85,166	$	12,411	$	176,989	$	34,645	$	211,634
Provision for loan losses	(11,255)		(90)		(1)		(11,346)		(460)		(11,806)
Non-interest income	33,620		50,278		44,301		128,199		(940)		127,259
Investment securities losses, net	—		—		—		—		(110)		(110)
Non-interest expense	(76,054)		(78,767)		(30,905)		(185,726)		(4,053)		(189,779)
Income before income taxes	$	25,723	$	56,587	$	25,806	$	108,116	$	29,082	$	137,198
Six Months Ended June 30, 2019
Net interest income	$	156,104	$	171,247	$	24,137	$	351,488	$	63,634	$	415,122
Provision for loan losses	(22,304)		(708)		32		(22,980)		(1,289)		(24,269)
Non-interest income	62,791		98,193		87,835		248,819		(320)		248,499
Investment securities losses, net	—		—		—		—		(1,035)		(1,035)
Non-interest expense	(149,483)		(155,685)		(61,460)		(366,628)		(14,576)		(381,204)
Income before income taxes	$	47,108	$	113,047	$	50,544	$	210,699	$	46,414	$	257,113