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SEGMENT REPORTING (Tables)
9 Months Ended
Sep. 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 September 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

 

 

 

 

Net interest revenue

 

$        115,899

 

$       4,620

 

$           11

 

$               12

 

$                19

 

$        120,561

Provision for credit losses

 

 -

 

 -

 

 -

 

 -

 

500 

 

500 

Net interest revenue after provision for credit losses

 

115,899 

 

4,620 

 

11 

 

12 

 

(481)

 

120,061 

Noninterest revenue

 

21,428 

 

6,910 

 

28,789 

 

5,862 

 

2,971 

 

65,960 

Noninterest expense

 

74,643 

 

7,050 

 

25,766 

 

3,991 

 

15,453 

 

126,903 

Income before income taxes

 

62,684 

 

4,480 

 

3,034 

 

1,883 

 

(12,963)

 

59,118 

Income tax expense (benefit)

 

21,967 

 

1,677 

 

1,228 

 

705 

 

(5,987)

 

19,590 

Net income

 

$          40,717

 

$       2,803

 

$      1,806

 

$          1,178

 

$          (6,976)

 

$          39,528

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

Total assets at end of period

 

$  11,421,704

 

$   630,986

 

$  225,458

 

$        24,047

 

$    2,458,199

 

$   14,760,394

Depreciation and amortization

 

5,500 

 

226 

 

1,152 

 

25 

 

664 

 

7,567 













 

 

 

 

 

 

 

 

 

 

 

 



 

Banking Services Group

 

Mortgage

 

Insurance Agencies

 

Wealth Management

 

General Corporate and Other

 

Total



 

(In thousands)

Three months ended September 30, 2016

 

 

 

 

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

 

 

 

 

Net interest revenue

 

$        111,772

 

$       3,183

 

$           11

 

$                3

 

$             (379)

 

$        114,590

Provision for credit losses

 

 -

 

 -

 

 -

 

 -

 

 -

 

 -

Net interest revenue after provision for credit losses

 

111,772 

 

3,183 

 

11 

 

 

(379)

 

114,590 

Noninterest revenue

 

23,248 

 

11,080 

 

27,913 

 

5,728 

 

1,704 

 

69,673 

Noninterest expense

 

78,931 

 

6,294 

 

25,335 

 

4,257 

 

13,500 

 

128,317 

Income before income taxes

 

56,089 

 

7,969 

 

2,589 

 

1,474 

 

(12,175)

 

55,946 

Income tax expense (benefit)

 

18,711 

 

2,906 

 

1,051 

 

538 

 

(5,077)

 

18,129 

Net income

 

$          37,378

 

$       5,063

 

$      1,538

 

$            936

 

$          (7,098)

 

$          37,817

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

Total assets at end of period

 

$  11,358,022

 

$   518,880

 

$  217,062

 

$       19,509

 

$    2,498,010

 

$   14,611,483

Depreciation and amortization

 

5,485 

 

147 

 

1,075 

 

28 

 

606 

 

7,341 







 

 

 

 

 

 

 

 

 

 

 

 



 

Banking Services Group

 

Mortgage

 

Insurance Agencies

 

Wealth Management

 

General Corporate and Other

 

Total



 

(In thousands)

Nine months ended September 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

 

 

 

 

Net interest revenue

 

$        340,068

 

$     12,472

 

$           32

 

$               25

 

$                53

 

$        352,650

Provision for credit losses

 

 -

 

 -

 

 -

 

 -

 

2,500 

 

2,500 

Net interest revenue after provision for credit losses

 

340,068 

 

12,472 

 

32 

 

25 

 

(2,447)

 

350,150 

Noninterest revenue

 

64,986 

 

22,036 

 

93,188 

 

17,237 

 

7,512 

 

204,959 

Noninterest expense

 

225,119 

 

20,829 

 

78,416 

 

12,120 

 

45,081 

 

381,565 

Income before income taxes

 

179,935 

 

13,679 

 

14,804 

 

5,142 

 

(40,016)

 

173,544 

Income tax expense (benefit)

 

62,351 

 

5,084 

 

6,063 

 

1,911 

 

(17,375)

 

58,034 

Net income

 

$        117,584

 

$       8,595

 

$      8,741

 

$          3,231

 

$        (22,641)

 

$        115,510

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

Total assets at end of period

 

$  11,421,704

 

$   630,986

 

$  225,458

 

$        24,047

 

$    2,458,199

 

$   14,760,394

Depreciation and amortization

 

16,553 

 

531 

 

3,520 

 

76 

 

1,935 

 

22,615 







 

 

 

 

 

 

 

 

 

 

 

 



 

Banking Services Group

 

Mortgage

 

Insurance Agencies

 

Wealth Management

 

General Corporate and Other

 

Total



 

(In thousands)

Nine months ended September 30, 2016

 

 

 

 

 

 

 

 

 

 

 

 

Results of Operations

 

 

 

 

 

 

 

 

 

 

 

 

Net interest revenue

 

$        330,523

 

$       8,614

 

$           46

 

$                5

 

$          (1,123)

 

$        338,065

Provision for credit losses

 

 -

 

 -

 

 -

 

 -

 

3,000 

 

3,000 

Net interest revenue after provision for credit losses

 

330,523 

 

8,614 

 

46 

 

 

(4,123)

 

335,065 

Noninterest revenue

 

69,263 

 

20,778 

 

89,821 

 

17,029 

 

6,035 

 

202,926 

Noninterest expense

 

231,836 

 

18,740 

 

75,598 

 

12,753 

 

58,463 

 

397,390 

Income before income taxes

 

167,950 

 

10,652 

 

14,269 

 

4,281 

 

(56,551)

 

140,601 

Income tax expense (benefit)

 

57,072 

 

3,873 

 

5,702 

 

1,556 

 

(22,660)

 

45,543 

Net income

 

$        110,878

 

$       6,779

 

$      8,567

 

$         2,725

 

$        (33,891)

 

$          95,058

Selected Financial Information

 

 

 

 

 

 

 

 

 

 

 

 

Total assets at end of period

 

$  11,358,022

 

$   518,880

 

$  217,062

 

$       19,509

 

$    2,498,010

 

$   14,611,483

Depreciation and amortization

 

16,128 

 

438 

 

3,169 

 

85 

 

1,875 

 

21,695