(22) SEGMENTS

The Company is a financial holding company with subsidiaries engaged in the business of banking and activities closely related to banking. The Company determines reportable segments based upon the services offered, the significance of those services to the Company’s financial condition and operating results and management’s regular review of the operating results of those services. The Company’s primary segment is Community Banking, which includes providing a full range of deposit products, commercial loans and consumer loans. The Company has also designated two additional reportable segments - Insurance Agencies and General Corporate and Other. The Company’s insurance agencies serve as agents in the sale of commercial lines of insurance and full lines of property and casualty, life, health and employee benefits products and services. The General Corporate and Other operating segment includes mortgage lending, trust services, credit card activities, investment services and other activities not allocated to the Community Banking or Insurance Agencies operating segments. While the net income of the Community Banking operating segment remained consistent in 2014 compared to 2013, the increased net income of the Community Banking operating segment in 2015 compared to 2014 was primarily related to the corresponding decrease in the provision for credit losses. The increased net income of the General Corporate and Other operating segment in 2015 was primarily related to the increase in noninterest revenue. The increased net income of the General Corporate and Other operating segment in 2014 was primarily related to the decreased noninterest expense such as voluntary early retirement opportunity expense and writeoff of bond issue costs in 2013.

Results of operations and selected financial information by operating segment for the years ended December 31, 2015, 2014 and 2013 were as follows:


	Community Banking	Insurance Agencies	General Corporate and Other	Total
2015	(In thousands)
Results of Operations
Net interest revenue	$ 397,204	$ 100	$ 38,378	$ 435,682
Provision for credit losses	(12,859)	-	(141)	(13,000)
Net interest income after provision
for credit losses	410,063	100	38,519	448,682
Noninterest revenue	82,938	116,780	78,250	277,968
Noninterest expense	332,920	101,120	105,871	539,911
Income before income taxes	160,081	15,760	10,898	186,739
Income tax expense	51,186	6,363	1,699	59,248
Net income	$ 108,895	$ 9,397	$ 9,199	$ 127,491
Selected Financial Information
Total assets	$ 10,127,861	$ 199,668	$ 3,471,133	$ 13,798,662
Depreciation and amortization	21,874	4,736	3,641	30,251


	Community Banking	Insurance Agencies	General Corporate and Other	Total
2014	(In thousands)
Results of Operations
Net interest revenue	$ 381,467	$ 117	$ 35,078	$ 416,662
Provision for credit losses	(4,757)	-	$ 4,757	-
Net interest income after provision
for credit losses	386,224	117	30,321	416,662
Noninterest revenue	95,752	115,541	57,853	269,146
Noninterest expense	329,893	97,620	90,893	518,406
Income (loss) before income taxes	152,083	18,038	(2,719)	167,402
Income tax expense (benefit)	47,482	7,255	(4,085)	50,652
Net income	$ 104,601	$ 10,783	$ 1,366	$ 116,750
Selected Financial Information
Total assets	$ 9,814,879	$ 188,920	$ 3,322,570	$ 13,326,369
Depreciation and amortization	22,603	5,257	3,855	31,715


	Community Banking	Insurance Agencies	General Corporate and Other	Total
2013	(In thousands)
Results of Operations
Net interest revenue	$ 371,940	$ 165	$ 26,844	$ 398,949
Provision for credit losses	5,824	-	1,676	7,500
Net interest income after provision
for credit losses	366,116	165	25,168	391,449
Noninterest revenue	95,573	99,103	80,390	275,066
Noninterest expense	311,554	86,557	136,738	534,849
Income (loss) before income taxes	150,135	12,711	(31,180)	131,666
Income tax expense (benefit)	46,135	5,175	(13,759)	37,551
Net income (loss)	$ 104,000	$ 7,536	$ (17,421)	$ 94,115
Selected Financial Information
Total assets	$ 9,803,073	$ 187,424	$ 3,039,236	$ 13,029,733
Depreciation and amortization	22,234	3,655	3,634	29,523