Segments (Tables)

9 Months Ended

Sep. 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 September 30, 2023
Net interest income	$	106,453	$	123,062	$	19,629	$	249,144	$	(597)	$	248,547
Provision for credit losses	(7,048)		(2,721)		(1)		(9,770)		(1,875)		(11,645)
Non-interest income	24,939		61,195		55,378		141,512		1,437		142,949
Investment securities gains (losses), net	—		—		—		—		4,298		4,298
Non-interest expense	(82,234)		(98,910)		(38,907)		(220,051)		(7,959)		(228,010)
Income before income taxes	$	42,110	$	82,626	$	36,099	$	160,835	$	(4,696)	$	156,139
Nine Months Ended September 30, 2023
Net interest income	$	304,859	$	355,690	$	54,193	$	714,742	$	34,966	$	749,708
Provision for credit losses	(19,784)		(3,204)		(14)		(23,002)		(6,570)		(29,572)
Non-interest income	74,773		184,288		162,835		421,896		6,270		428,166
Investment securities gains (losses), net	—		—		—		—		7,384		7,384
Non-interest expense	(242,991)		(290,960)		(119,015)		(652,966)		(26,762)		(679,728)
Income before income taxes	$	116,857	$	245,814	$	97,999	$	460,670	$	15,288	$	475,958
Three Months Ended September 30, 2022
Net interest income	$	93,182	$	114,135	$	18,640	$	225,957	$	20,416	$	246,373
Provision for loan losses	(4,314)		(506)		5		(4,815)		(10,475)		(15,290)
Non-interest income	27,709		57,115		53,862		138,686		(172)		138,514
Investment securities gains (losses), net	—		—		—		—		3,410		3,410
Non-interest expense	(79,230)		(91,397)		(36,188)		(206,815)		(6,069)		(212,884)
Income before income taxes	$	37,347	$	79,347	$	36,319	$	153,013	$	7,110	$	160,123
Nine Months Ended September 30, 2022
Net interest income	$	270,561	$	333,270	$	56,731	$	660,562	$	26,982	$	687,544
Provision for credit losses	(12,727)		(651)		2		(13,376)		782		(12,594)
Non-interest income	82,464		167,581		161,051		411,096		(1,386)		409,710
Investment securities gains (losses), net	—		—		—		—		11,602		11,602
Non-interest expense	(231,683)		(272,219)		(108,967)		(612,869)		(19,168)		(632,037)
Income before income taxes	$	108,615	$	227,981	$	108,817	$	445,413	$	18,812	$	464,225