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SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2017
SEGMENT REPORTING [Abstract]  
Results Of Operations And Selected Financial Information By Operating Segment





 

 

 

 

 

 

 

 

 

 

 

 



 

Banking Services Group

 

Mortgage

 

Insurance Agencies

 

Wealth Management

 

General Corporate and Other

 

Total



 

(In thousands)

Three months ended June 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

 

 

 

 

Net interest revenue

 

$        113,117

 

$       4,322

 

$           11

 

$                8

 

$                20

 

$        117,478

Provision for credit losses

 

 -

 

 -

 

 -

 

 -

 

1,000 

 

1,000 

Net interest revenue after provision for credit losses

 

113,117 

 

4,322 

 

11 

 

 

(980)

 

116,478 

Noninterest revenue

 

21,681 

 

6,134 

 

31,286 

 

5,759 

 

3,270 

 

68,130 

Noninterest expense

 

75,627 

 

6,917 

 

26,676 

 

4,181 

 

14,152 

 

127,553 

Income before income taxes

 

59,171 

 

3,539 

 

4,621 

 

1,586 

 

(11,862)

 

57,055 

Income tax expense (benefit)

 

20,926 

 

1,320 

 

1,846 

 

591 

 

(5,517)

 

19,166 

Net income

 

$          38,245

 

$       2,219

 

$      2,775

 

$            995

 

$          (6,345)

 

$          37,889

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

Total assets at end of period

 

$  11,462,105

 

$   639,130

 

$  228,507

 

$       22,475

 

$    2,490,913

 

$   14,843,130

Depreciation and amortization

 

5,550 

 

153 

 

1,180 

 

25 

 

625 

 

7,533 







 

 

 

 

 

 

 

 

 

 

 

 



 

Banking Services Group

 

Mortgage

 

Insurance Agencies

 

Wealth Management

 

General Corporate and Other

 

Total



 

(In thousands)

Three months ended June 30, 2016

 

 

 

 

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

 

 

 

 

Net interest revenue

 

$        109,851

 

$       2,820

 

$           16

 

$                2

 

$             (373)

 

$        112,316

Provision for credit losses

 

 -

 

 -

 

 -

 

 -

 

2,000 

 

2,000 

Net interest revenue after provision for credit losses

 

109,851 

 

2,820 

 

16 

 

 

(2,373)

 

110,316 

Noninterest revenue

 

23,309 

 

7,868 

 

28,543 

 

5,766 

 

3,040 

 

68,526 

Noninterest expense

 

76,000 

 

6,583 

 

24,781 

 

4,397 

 

15,800 

 

127,561 

Income before income taxes

 

57,160 

 

4,105 

 

3,778 

 

1,371 

 

(15,133)

 

51,281 

Income tax expense (benefit)

 

19,386 

 

1,531 

 

1,511 

 

511 

 

(6,350)

 

16,589 

Net income

 

$          37,774

 

$       2,574

 

$      2,267

 

$            860

 

$          (8,783)

 

$          34,692

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

Total assets at end of period

 

$  10,865,604

 

$   489,754

 

$  219,280

 

$       23,120

 

$    2,539,402

 

$   14,137,160

Depreciation and amortization

 

5,329 

 

146 

 

1,034 

 

29 

 

631 

 

7,169 







 

 

 

 

 

 

 

 

 

 

 

 



 

Banking Services Group

 

Mortgage

 

Insurance Agencies

 

Wealth Management

 

General Corporate and Other

 

Total



 

(In thousands)

Six months ended June 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

 

 

 

 

Net interest revenue

 

$        224,169

 

$       7,852

 

$           21

 

$               13

 

$                34

 

$        232,089

Provision for credit losses

 

 -

 

 -

 

 -

 

 -

 

2,000 

 

2,000 

Net interest revenue after provision for credit losses

 

224,169 

 

7,852 

 

21 

 

13 

 

(1,966)

 

230,089 

Noninterest revenue

 

43,558 

 

15,126 

 

64,399 

 

11,375 

 

4,541 

 

138,999 

Noninterest expense

 

150,476 

 

13,779 

 

52,650 

 

8,129 

 

29,628 

 

254,662 

Income before income taxes

 

117,251 

 

9,199 

 

11,770 

 

3,259 

 

(27,053)

 

114,426 

Income tax expense (benefit)

 

40,558 

 

3,420 

 

4,690 

 

1,212 

 

(11,436)

 

38,444 

Net income

 

$          76,693

 

$       5,779

 

$      7,080

 

$          2,047

 

$        (15,617)

 

$          75,982

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

Total assets at end of period

 

$  11,462,105

 

$   639,130

 

$  228,507

 

$        22,475

 

$    2,490,913

 

$   14,843,130

Depreciation and amortization

 

11,053 

 

305 

 

2,368 

 

51 

 

1,271 

 

15,048 









 

 

 

 

 

 

 

 

 

 

 

 



 

Banking Services Group

 

Mortgage

 

Insurance Agencies

 

Wealth Management

 

General Corporate and Other

 

Total



 

(In thousands)

Six months ended June 30, 2016

 

 

 

 

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

 

 

 

 

Net interest revenue

 

$        218,751

 

$       5,431

 

$           35

 

$                2

 

$             (744)

 

$        223,475

Provision for credit losses

 

 -

 

 -

 

 -

 

 -

 

3,000 

 

3,000 

Net interest revenue after provision for credit losses

 

218,751 

 

5,431 

 

35 

 

 

(3,744)

 

220,475 

Noninterest revenue

 

46,015 

 

9,698 

 

61,908 

 

11,301 

 

4,331 

 

133,253 

Noninterest expense

 

152,905 

 

12,446 

 

50,263 

 

8,496 

 

44,963 

 

269,073 

Income before income taxes

 

111,861 

 

2,683 

 

11,680 

 

2,807 

 

(44,376)

 

84,655 

Income tax expense (benefit)

 

38,330 

 

973 

 

4,651 

 

1,018 

 

(17,558)

 

27,414 

Net income

 

$          73,531

 

$       1,710

 

$      7,029

 

$         1,789

 

$        (26,818)

 

$          57,241

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

Total assets at end of period

 

$  10,865,604

 

$   489,754

 

$  219,280

 

$       23,120

 

$    2,539,402

 

$   14,137,160

Depreciation and amortization

 

10,643 

 

291 

 

2,094 

 

57 

 

1,270 

 

14,355