Reportable Segments and Related Information (Tables)

9 Months Ended

Sep. 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
	September 30,			December 31,			September 30,			December 31,
	2015			2014			2015			2014
Goodwill & Total Assets:
Busey Bank	$	4,824		$	—		$	3,790,377		$	3,589,419
FirsTech	8,992			8,992			29,900			28,540
Busey Wealth Management	11,694			11,694			32,375			31,196
Other	—			—			10,913			16,452
Total	$	25,510		$	20,686		$	3,863,565		$	3,665,607
	Three Months Ended September 30,						Nine Months Ended September 30,
	2015			2014			2015			2014
Interest income:
Busey Bank	$	29,660		$	27,430		$	86,688		$	80,184
FirsTech	14			14			40			39
Busey Wealth Management	67			74			206			214
Other	(11		)	(7		)	(31		)	(19		)
Total interest income	$	29,730		$	27,511		$	86,903		$	80,418
Interest expense:
Busey Bank	$	1,240		$	1,312		$	3,818		$	4,072
FirsTech	—			—			—			—
Busey Wealth Management	—			—			—			—
Other	295			288			869			857
Total interest expense	$	1,535		$	1,600		$	4,687		$	4,929
Other income:
Busey Bank	$	8,227		$	7,595		$	25,579		$	23,748
FirsTech	2,973			2,412			8,518			7,208
Busey Wealth Management	5,053			4,640			15,320			14,291
Other	(364		)	(443		)	(940		)	(1,045		)
Total other income	$	15,889		$	14,204		$	48,477		$	44,202
Other expense:
Busey Bank	$	21,961		$	21,162		$	68,598		$	63,213
FirsTech	2,186			1,876			6,337			5,614
Busey Wealth Management	3,127			2,702			9,535			8,412
Other	676			558			2,472			2,500
Total other expense	$	27,950		$	26,298		$	86,942		$	79,739
Income before income taxes
Busey Bank	$	14,586		$	12,552		$	39,251		$	34,647
FirsTech	801			550			2,221			1,633
Busey Wealth Management	1,993			2,012			5,991			6,093
Other	(1,346		)	(1,297		)	(4,312		)	(4,421		)
Total income before income taxes	$	16,034		$	13,817		$	43,151		$	37,952
Net income:
Busey Bank	$	9,438		$	8,195		$	25,531		$	22,910
FirsTech	479			322			1,329			957
Busey Wealth Management	1,189			1,176			3,577			3,579
Other	(480		)	(584		)	(2,114		)	(2,265		)
Total net income	$	10,626		$	9,109		$	28,323		$	25,181