Reportable Segments and Related Information (Tables)

6 Months Ended

Jun. 30, 2015

Reportable Segments and Related Information

Summary of information relating to reportable segments

Following is a summary of selected financial information for the Company’s business segments (dollars in thousands):

	Goodwill				Total Assets
	June 30,		December 31,		June 30,		December 31,
	2015		2014		2015		2014
Goodwill & Total Assets:
Busey Bank	$	4,824	$	—	$	3,806,655	$	3,589,419
FirsTech	8,992		8,992		29,519		28,540
Busey Wealth Management	11,694		11,694		32,164		31,196
Other	—		—		16,936		16,452
Total	$	25,510	$	20,686	$	3,885,274	$	3,665,607

	Three Months Ended June 30,						Six Months Ended June 30,
	2015			2014			2015			2014
Interest income:
Busey Bank	$	28,839		$	26,573		$	57,028		$	52,754
FirsTech	13			13			26			25
Busey Wealth Management	68			76			139			140
Other	(10		)	(6		)	(20		)	(12		)
Total interest income	$	28,910		$	26,656		$	57,173		$	52,907
Interest expense:
Busey Bank	$	1,268		$	1,350		$	2,578		$	2,760
FirsTech	—			—			—			—
Busey Wealth Management	—			—			—			—
Other	291			285			574			569
Total interest expense	$	1,559		$	1,635		$	3,152		$	3,329
Other income:
Busey Bank	$	8,383		$	7,926		$	17,352		$	16,153
FirsTech	3,013			2,409			5,545			4,796
Busey Wealth Management	5,588			5,110			10,267			9,651
Other	(361		)	(433		)	(576		)	(602		)
Total other income	$	16,623		$	15,012		$	32,588		$	29,998
Other expense:
Busey Bank	$	22,337		$	21,007		$	46,637		$	42,051
FirsTech	2,205			1,866			4,151			3,738
Busey Wealth Management	3,273			2,807			6,408			5,710
Other	630			1,143			1,796			1,942
Total other expense	$	28,445		$	26,823		$	58,992		$	53,441
Income before income taxes
Busey Bank	$	13,617		$	11,141		$	24,665		$	22,095
FirsTech	821			555			1,420			1,083
Busey Wealth Management	2,383			2,379			3,998			4,081
Other	(1,292		)	(1,865		)	(2,966		)	(3,124		)
Total income before income taxes	$	15,529		$	12,210		$	27,117		$	24,135
Net income:
Busey Bank	$	8,815		$	7,436		$	16,093		$	14,715
FirsTech	492			326			850			635
Busey Wealth Management	1,425			1,401			2,388			2,403
Other	(796		)	(978		)	(1,634		)	(1,681		)
Total net income	$	9,936		$	8,185		$	17,697		$	16,072