Segments (Tables)

9 Months Ended

Sep. 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 September 30, 2020
Net interest income	$	80,944	$	111,807	$	15,310	$	208,061	$	7,901	$	215,962
Provision for credit losses	(7,654)		(200)		13		(7,841)		4,740		(3,101)
Non-interest income	37,116		47,920		47,701		132,737		(3,165)		129,572
Investment securities gains, net	—		—		—		—		16,155		16,155
Non-interest expense	(73,074)		(78,283)		(31,013)		(182,370)		(8,488)		(190,858)
Income before income taxes	$	37,332	$	81,244	$	32,011	$	150,587	$	17,143	$	167,730
Nine Months Ended September 30, 2020
Net interest income	$	241,195	$	300,307	$	41,686	$	583,188	$	36,896	$	620,084
Provision for credit losses	(23,885)		(3,122)		10		(26,997)		(114,596)		(141,593)
Non-interest income	107,492		143,747		139,700		390,939		(20,189)		370,750
Investment securities losses, net	—		—		—		—		(1,275)		(1,275)
Non-interest expense	(225,791)		(237,350)		(93,156)		(556,297)		(15,771)		(572,068)
Income before income taxes	$	99,011	$	203,582	$	88,240	$	390,833	$	(114,935)	$	275,898
Three Months Ended September 30, 2019
Net interest income	$	80,111	$	85,402	$	11,525	$	177,038	$	26,474	$	203,512
Provision for loan losses	(10,757)		(345)		(197)		(11,299)		336		(10,963)
Non-interest income	36,049		53,462		45,721		135,232		(2,489)		132,743
Investment securities gains, net	—		—		—		—		4,909		4,909
Non-interest expense	(73,872)		(76,105)		(30,248)		(180,225)		(10,795)		(191,020)
Income before income taxes	$	31,531	$	62,414	$	26,801	$	120,746	$	18,435	$	139,181
Nine Months Ended September 30, 2019
Net interest income	$	236,215	$	256,649	$	35,662	$	528,526	$	90,108	$	618,634
Provision for loan losses	(33,061)		(1,053)		(165)		(34,279)		(953)		(35,232)
Non-interest income	98,840		151,655		133,556		384,051		(2,809)		381,242
Investment securities gains, net	—		—		—		—		3,874		3,874
Non-interest expense	(223,355)		(231,790)		(91,708)		(546,853)		(25,371)		(572,224)
Income before income taxes	$	78,639	$	175,461	$	77,345	$	331,445	$	64,849	$	396,294