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Segment Information (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of Segment Information

The following table discloses financial information by reportable segment for the periods presented ($ in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

General Banking

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

101,794

 

 

$

96,113

 

 

$

199,205

 

 

$

190,555

 

Provision for loan losses, net

 

 

357

 

 

 

3,203

 

 

 

1,514

 

 

 

6,755

 

Noninterest income

 

 

32,820

 

 

 

26,629

 

 

 

62,260

 

 

 

54,023

 

Noninterest expense

 

 

108,249

 

 

 

96,812

 

 

 

195,606

 

 

 

182,705

 

Income before income taxes

 

 

26,008

 

 

 

22,727

 

 

 

64,345

 

 

 

55,118

 

Income taxes

 

 

4,273

 

 

 

4,005

 

 

 

12,642

 

 

 

11,324

 

General banking net income

 

$

21,735

 

 

$

18,722

 

 

$

51,703

 

 

$

43,794

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

13,837,564

 

 

$

12,955,555

 

 

$

13,837,564

 

 

$

12,955,555

 

Depreciation and amortization

 

$

9,497

 

 

$

8,724

 

 

$

18,333

 

 

$

17,209

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wealth Management

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

155

 

 

$

207

 

 

$

284

 

 

$

452

 

Noninterest income

 

 

7,624

 

 

 

7,959

 

 

 

15,001

 

 

 

15,247

 

Noninterest expense

 

 

6,369

 

 

 

6,093

 

 

 

13,570

 

 

 

11,984

 

Income before income taxes

 

 

1,410

 

 

 

2,073

 

 

 

1,715

 

 

 

3,715

 

Income taxes

 

 

541

 

 

 

793

 

 

 

657

 

 

 

1,421

 

Wealth management net income

 

$

869

 

 

$

1,280

 

 

$

1,058

 

 

$

2,294

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

7,014

 

 

$

7,497

 

 

$

7,014

 

 

$

7,497

 

Depreciation and amortization

 

$

37

 

 

$

43

 

 

$

74

 

 

$

87

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

55

 

 

$

57

 

 

$

105

 

 

$

110

 

Noninterest income

 

 

9,746

 

 

 

9,639

 

 

 

18,962

 

 

 

18,233

 

Noninterest expense

 

 

7,457

 

 

 

7,274

 

 

 

14,956

 

 

 

14,434

 

Income before income taxes

 

 

2,344

 

 

 

2,422

 

 

 

4,111

 

 

 

3,909

 

Income taxes

 

 

913

 

 

 

921

 

 

 

1,589

 

 

 

1,491

 

Insurance net income

 

$

1,431

 

 

$

1,501

 

 

$

2,522

 

 

$

2,418

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

64,560

 

 

$

67,297

 

 

$

64,560

 

 

$

67,297

 

Depreciation and amortization

 

$

164

 

 

$

191

 

 

$

322

 

 

$

383

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

102,004

 

 

$

96,377

 

 

$

199,594

 

 

$

191,117

 

Provision for loan losses, net

 

 

357

 

 

 

3,203

 

 

 

1,514

 

 

 

6,755

 

Noninterest income

 

 

50,190

 

 

 

44,227

 

 

 

96,223

 

 

 

87,503

 

Noninterest expense

 

 

122,075

 

 

 

110,179

 

 

 

224,132

 

 

 

209,123

 

Income before income taxes

 

 

29,762

 

 

 

27,222

 

 

 

70,171

 

 

 

62,742

 

Income taxes

 

 

5,727

 

 

 

5,719

 

 

 

14,888

 

 

 

14,236

 

Consolidated net income

 

$

24,035

 

 

$

21,503

 

 

$

55,283

 

 

$

48,506

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

13,909,138

 

 

$

13,030,349

 

 

$

13,909,138

 

 

$

13,030,349

 

Depreciation and amortization

 

$

9,698

 

 

$

8,958

 

 

$

18,729

 

 

$

17,679