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Segment Information (Tables)
3 Months Ended
Mar. 31, 2021
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 March 31,

 

 

 

2021

 

 

2020

 

General Banking

 

 

 

 

 

 

 

 

Net interest income

 

$

101,108

 

 

$

102,403

 

Provision for credit losses

 

 

(10,499

)

 

 

18,374

 

Noninterest income

 

 

39,652

 

 

 

45,176

 

Noninterest expense

 

 

94,597

 

 

 

106,450

 

Income before income taxes

 

 

56,662

 

 

 

22,755

 

Income taxes

 

 

8,123

 

 

 

2,091

 

General banking net income

 

$

48,539

 

 

$

20,664

 

 

 

 

 

 

 

 

 

 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets

 

$

16,555,481

 

 

$

13,663,877

 

Depreciation and amortization

 

$

10,864

 

 

$

8,794

 

 

 

 

 

 

 

 

 

 

Wealth Management

 

 

 

 

 

 

 

 

Net interest income

 

$

1,231

 

 

$

1,504

 

Provision for credit losses

 

 

(2

)

 

 

2,207

 

Noninterest income

 

 

8,463

 

 

 

8,516

 

Noninterest expense

 

 

8,194

 

 

 

8,516

 

Income before income taxes

 

 

1,502

 

 

 

(703

)

Income taxes

 

 

376

 

 

 

(176

)

Wealth management net income

 

$

1,126

 

 

$

(527

)

 

 

 

 

 

 

 

 

 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets

 

$

243,132

 

 

$

280,181

 

Depreciation and amortization

 

$

68

 

 

$

67

 

 

 

 

 

 

 

 

 

 

Insurance

 

 

 

 

 

 

 

 

Net interest income

 

$

(3

)

 

$

45

 

Noninterest income

 

 

12,468

 

 

 

11,572

 

Noninterest expense

 

 

9,390

 

 

 

8,844

 

Income before income taxes

 

 

3,075

 

 

 

2,773

 

Income taxes

 

 

778

 

 

 

692

 

Insurance net income

 

$

2,297

 

 

$

2,081

 

 

 

 

 

 

 

 

 

 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets

 

$

79,700

 

 

$

75,771

 

Depreciation and amortization

 

$

194

 

 

$

135

 

 

 

 

 

 

 

 

 

 

Consolidated

 

 

 

 

 

 

 

 

Net interest income

 

$

102,336

 

 

$

103,952

 

Provision for credit losses

 

 

(10,501

)

 

 

20,581

 

Noninterest income

 

 

60,583

 

 

 

65,264

 

Noninterest expense

 

 

112,181

 

 

 

123,810

 

Income before income taxes

 

 

61,239

 

 

 

24,825

 

Income taxes

 

 

9,277

 

 

 

2,607

 

Consolidated net income

 

$

51,962

 

 

$

22,218

 

 

 

 

 

 

 

 

 

 

Selected Financial Information

 

 

 

 

 

 

 

 

Total assets

 

$

16,878,313

 

 

$

14,019,829

 

Depreciation and amortization

 

$

11,126

 

 

$

8,996