Operating Segments and Related Information (Tables)

12 Months Ended

Dec. 31, 2019

Operating Segments and Related Information

Summary of information relating to operating segments

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

	Goodwill				Total Assets
	December 31, 2019		December 31, 2018		December 31, 2019		December 31, 2018
Banking	$	288,436	$	246,999	$	9,632,368	$	7,656,709
Remittance Processing		8,992		8,992		44,209		39,278
Wealth Management		14,108		11,694		32,760		20,992
Other		—		—		(13,608)		(14,622)
Totals	$	311,536	$	267,685	$	9,695,729	$	7,702,357

	Years ended December 31,
	2019		2018		2017
Net interest income:
Banking	$	296,754	$	248,291	$	208,184
Remittance Processing		76		67		60
Wealth Management		—		327		321
Other		(9,607)		(7,279)		(5,199)
Total net interest income	$	287,223	$	241,406	$	203,366
Non-interest income:
Banking	$	63,613	$	43,197	$	47,524
Remittance Processing		16,450		15,876		12,137
Wealth Management		39,075		31,621		27,270
Other		(2,723)		(701)		(2,457)
Total non-interest income	$	116,415	$	89,993	$	84,474
Non-interest expense:
Banking	$	211,559	$	154,455	$	139,521
Remittance Processing		10,990		10,749		8,704
Wealth Management		24,534		19,283		17,079
Other		11,711		8,556		9,122
Total non-interest expense	$	258,794	$	193,043	$	174,426
Income before income taxes:
Banking	$	138,401	$	132,604	$	110,884
Remittance Processing		5,536		5,194		3,493
Wealth Management		14,541		12,665		10,512
Other		(24,040)		(16,536)		(16,778)
Total income before income taxes	$	134,438	$	133,927	$	108,111
Net income:
Banking	$	106,409	$	97,369	$	65,704
Remittance Processing		4,060		3,710		2,007
Wealth Management		11,135		9,372		6,229
Other		(18,651)		(11,523)		(11,214)
Total net income	$	102,953	$	98,928	$	62,726