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Segment Information (Tables)
6 Months Ended
Jun. 30, 2018
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,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

General Banking

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

104,894

 

 

$

101,794

 

 

$

206,515

 

 

$

199,205

 

Provision for loan losses, net

 

 

2,726

 

 

 

357

 

 

 

6,837

 

 

 

1,514

 

Noninterest income

 

 

29,221

 

 

 

32,820

 

 

 

59,030

 

 

 

62,260

 

Noninterest expense

 

 

89,026

 

 

 

108,249

 

 

 

177,573

 

 

 

195,606

 

Income before income taxes

 

 

42,363

 

 

 

26,008

 

 

 

81,135

 

 

 

64,345

 

Income taxes

 

 

5,307

 

 

 

4,273

 

 

 

9,894

 

 

 

12,642

 

General banking net income

 

$

37,056

 

 

$

21,735

 

 

$

71,241

 

 

$

51,703

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

13,451,422

 

 

$

13,837,564

 

 

$

13,451,422

 

 

$

13,837,564

 

Depreciation and amortization

 

$

9,989

 

 

$

9,497

 

 

$

19,200

 

 

$

18,333

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wealth Management

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

220

 

 

$

155

 

 

$

637

 

 

$

284

 

Noninterest income

 

 

7,434

 

 

 

7,624

 

 

 

14,999

 

 

 

15,001

 

Noninterest expense

 

 

6,483

 

 

 

6,369

 

 

 

12,802

 

 

 

13,570

 

Income before income taxes

 

 

1,171

 

 

 

1,410

 

 

 

2,834

 

 

 

1,715

 

Income taxes

 

 

293

 

 

 

541

 

 

 

709

 

 

 

657

 

Wealth management net income

 

$

878

 

 

$

869

 

 

$

2,125

 

 

$

1,058

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

6,490

 

 

$

7,014

 

 

$

6,490

 

 

$

7,014

 

Depreciation and amortization

 

$

26

 

 

$

37

 

 

$

52

 

 

$

74

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

50

 

 

$

55

 

 

$

105

 

 

$

105

 

Noninterest income

 

 

10,736

 

 

 

9,746

 

 

 

20,155

 

 

 

18,962

 

Noninterest expense

 

 

8,291

 

 

 

7,457

 

 

 

15,890

 

 

 

14,956

 

Income before income taxes

 

 

2,495

 

 

 

2,344

 

 

 

4,370

 

 

 

4,111

 

Income taxes

 

 

616

 

 

 

913

 

 

 

1,093

 

 

 

1,589

 

Insurance net income

 

$

1,879

 

 

$

1,431

 

 

$

3,277

 

 

$

2,522

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

67,353

 

 

$

64,560

 

 

$

67,353

 

 

$

64,560

 

Depreciation and amortization

 

$

143

 

 

$

164

 

 

$

282

 

 

$

322

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

105,164

 

 

$

102,004

 

 

$

207,257

 

 

$

199,594

 

Provision for loan losses, net

 

 

2,726

 

 

 

357

 

 

 

6,837

 

 

 

1,514

 

Noninterest income

 

 

47,391

 

 

 

50,190

 

 

 

94,184

 

 

 

96,223

 

Noninterest expense

 

 

103,800

 

 

 

122,075

 

 

 

206,265

 

 

 

224,132

 

Income before income taxes

 

 

46,029

 

 

 

29,762

 

 

 

88,339

 

 

 

70,171

 

Income taxes

 

 

6,216

 

 

 

5,727

 

 

 

11,696

 

 

 

14,888

 

Consolidated net income

 

$

39,813

 

 

$

24,035

 

 

$

76,643

 

 

$

55,283

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

13,525,265

 

 

$

13,909,138

 

 

$

13,525,265

 

 

$

13,909,138

 

Depreciation and amortization

 

$

10,158

 

 

$

9,698

 

 

$

19,534

 

 

$

18,729