Segments (Tables)

6 Months Ended

Jun. 30, 2023

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 between 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, 2023
Net interest income	$	101,552	$	116,462	$	17,024	$	235,038	$	14,500	$	249,538
Provision for credit losses	(6,430)		(90)		—		(6,520)		49		(6,471)
Non-interest income	25,531		64,769		54,513		144,813		2,792		147,605
Investment securities gains (losses), net	—		—		—		—		3,392		3,392
Non-interest expense	(83,431)		(98,427)		(40,472)		(222,330)		(5,281)		(227,611)
Income before income taxes	$	37,222	$	82,714	$	31,065	$	151,001	$	15,452	$	166,453
Six Months Ended June 30, 2023
Net interest income	$	198,406	$	232,628	$	34,564	$	465,598	$	35,563	$	501,161
Provision for credit losses	(12,736)		(483)		(13)		(13,232)		(4,695)		(17,927)
Non-interest income	49,834		123,093		107,457		280,384		4,833		285,217
Investment securities gains (losses), net	—		—		—		—		3,086		3,086
Non-interest expense	(160,757)		(192,050)		(80,108)		(432,915)		(18,803)		(451,718)
Income before income taxes	$	74,747	$	163,188	$	61,900	$	299,835	$	19,984	$	319,819
Three Months Ended June 30, 2022
Net interest income	$	90,561	$	110,182	$	19,222	$	219,965	$	12,420	$	232,385
Provision for loan losses	(3,910)		(63)		23		(3,950)		(3,212)		(7,162)
Non-interest income	28,340		56,815		53,983		139,138		289		139,427
Investment securities gains (losses), net	—		—		—		—		1,029		1,029
Non-interest expense	(77,629)		(91,316)		(36,491)		(205,436)		(8,069)		(213,505)
Income before income taxes	$	37,362	$	75,618	$	36,737	$	149,717	$	2,457	$	152,174
Six Months Ended June 30, 2022
Net interest income	$	177,379	$	219,135	$	38,091	$	434,605	$	6,566	$	441,171
Provision for credit losses	(8,413)		(145)		(3)		(8,561)		11,257		2,696
Non-interest income	54,755		110,466		107,189		272,410		(1,214)		271,196
Investment securities gains (losses), net	—		—		—		—		8,192		8,192
Non-interest expense	(152,453)		(180,822)		(72,779)		(406,054)		(13,099)		(419,153)
Income before income taxes	$	71,268	$	148,634	$	72,498	$	292,400	$	11,702	$	304,102