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Segment Information (Tables)
9 Months Ended
Sep. 30, 2019
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 September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

General Banking

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

107,540

 

 

$

105,935

 

 

$

318,008

 

 

$

310,620

 

Provision for loan losses, net

 

 

2,895

 

 

 

8,212

 

 

 

7,179

 

 

 

15,054

 

Noninterest income

 

 

29,575

 

 

 

28,509

 

 

 

83,296

 

 

 

87,444

 

Noninterest expense

 

 

93,709

 

 

 

89,288

 

 

 

275,052

 

 

 

265,699

 

Income before income taxes

 

 

40,511

 

 

 

36,944

 

 

 

119,073

 

 

 

117,311

 

Income taxes

 

 

4,432

 

 

 

3,460

 

 

 

14,033

 

 

 

13,162

 

General banking net income

 

$

36,079

 

 

$

33,484

 

 

$

105,040

 

 

$

104,149

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

13,421,295

 

 

$

13,269,567

 

 

$

13,421,295

 

 

$

13,269,567

 

Depreciation and amortization

 

$

10,255

 

 

$

9,758

 

 

$

28,987

 

 

$

28,955

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wealth Management

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

854

 

 

$

983

 

 

$

2,808

 

 

$

3,450

 

Provision for loan losses, net

 

 

4

 

 

 

(6

)

 

 

1

 

 

 

(11

)

Noninterest income

 

 

7,685

 

 

 

7,817

 

 

 

23,128

 

 

 

22,911

 

Noninterest expense

 

 

5,191

 

 

 

7,795

 

 

 

19,346

 

 

 

21,759

 

Income before income taxes

 

 

3,344

 

 

 

1,011

 

 

 

6,589

 

 

 

4,613

 

Income taxes

 

 

836

 

 

 

253

 

 

 

1,643

 

 

 

1,154

 

Wealth management net income

 

$

2,508

 

 

$

758

 

 

$

4,946

 

 

$

3,459

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

90,405

 

 

$

104,480

 

 

$

90,405

 

 

$

104,480

 

Depreciation and amortization

 

$

66

 

 

$

65

 

 

$

202

 

 

$

120

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insurance

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

72

 

 

$

65

 

 

$

182

 

 

$

170

 

Noninterest income

 

 

11,077

 

 

 

10,767

 

 

 

33,043

 

 

 

30,922

 

Noninterest expense

 

 

7,953

 

 

 

8,140

 

 

 

24,577

 

 

 

24,030

 

Income before income taxes

 

 

3,196

 

 

 

2,692

 

 

 

8,648

 

 

 

7,062

 

Income taxes

 

 

748

 

 

 

681

 

 

 

2,120

 

 

 

1,774

 

Insurance net income

 

$

2,448

 

 

$

2,011

 

 

$

6,528

 

 

$

5,288

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

73,086

 

 

$

65,765

 

 

$

73,086

 

 

$

65,765

 

Depreciation and amortization

 

$

141

 

 

$

155

 

 

$

396

 

 

$

437

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

108,466

 

 

$

106,983

 

 

$

320,998

 

 

$

314,240

 

Provision for loan losses, net

 

 

2,899

 

 

 

8,206

 

 

 

7,180

 

 

 

15,043

 

Noninterest income

 

 

48,337

 

 

 

47,093

 

 

 

139,467

 

 

 

141,277

 

Noninterest expense

 

 

106,853

 

 

 

105,223

 

 

 

318,975

 

 

 

311,488

 

Income before income taxes

 

 

47,051

 

 

 

40,647

 

 

 

134,310

 

 

 

128,986

 

Income taxes

 

 

6,016

 

 

 

4,394

 

 

 

17,796

 

 

 

16,090

 

Consolidated net income

 

$

41,035

 

 

$

36,253

 

 

$

116,514

 

 

$

112,896

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

$

13,584,786

 

 

$

13,439,812

 

 

$

13,584,786

 

 

$

13,439,812

 

Depreciation and amortization

 

$

10,462

 

 

$

9,978

 

 

$

29,585

 

 

$

29,512