SEGMENTS

We manage three reportable operating segments including Community Banking, Insurance and Wealth Management.


•	Our Community Banking segment offers services which include accepting time and demand deposit accounts, originating commercial and consumer loans and providing letters of credit and credit card services.


•	Our Insurance segment includes a full-service insurance agency offering commercial property and casualty insurance, group life and health coverage, employee benefit solutions and personal insurance lines.


•	Our Wealth Management segment offers discount brokerage services, services as executor and trustee under wills and deeds, guardian and custodian of employee benefits and other trust and brokerage services, as well as a registered investment advisor that manages private investment accounts for individuals and institutions.

The following table represents total assets by reportable operating segment as of the dates presented:



(dollars in thousands)	March 31, 2014		December 31, 2013
Community Banking	$	4,697,957	$	4,524,939
Insurance	7,146		6,926
Wealth Management	1,884		1,325
Total Assets	$	4,706,987	$	4,533,190

The following tables provide financial information for our three segments for the three month periods ended March 31, 2014 and 2013. The financial results of the business segments include allocations for shared services based on an internal analysis that supports line of business performance measurement. Shared services include expenses such as employee benefits, occupancy expense, computer support and corporate overhead. Even with these allocations, the financial results are not necessarily indicative of the business segments’ financial condition and results of operations if they existed as independent entities.

The information provided under the caption “Eliminations” represents operations not considered to be reportable segments and/or general operating expenses and eliminations and adjustments, which are necessary for purposes of reconciling to the Consolidated Financial Statements.



	Three Months Ended March 31, 2014
(dollars in thousands)	Community Banking		Insurance		Wealth Management		Eliminations			Consolidated
Interest income	$	38,630	$	—	$	174	$	(139	)	$	38,665
Interest expense	3,482		—		—		(408		)	3,074
Net interest income	35,148		—		174		269			35,591
Provision for loan losses	289		—		—		—			289
Noninterest income	6,854		1,521		2,935		106			11,416
Noninterest expense	23,973		1,155		2,274		375			27,777
Depreciation expense	803		11		7		—			821
Amortization of intangible assets	292		13		11		—			316
Provision for income taxes	3,365		120		286		—			3,771
Net Income	$	13,280	$	222	$	531	$	—		$	14,033

	Three Months Ended March 31, 2013
(dollars in thousands)	Community Banking		Insurance		Wealth Management		Eliminations			Consolidated
Interest income	$	37,690	$	—	$	138	$	15		$	37,843
Interest expense	4,790		—		—		(616		)	4,174
Net interest income	32,900		—		138		631			33,669
Provision for loan losses	2,307		—		—		—			2,307
Noninterest income	10,356		1,598		2,574		278			14,806
Noninterest expense	24,634		1,447		2,489		1,678			30,248
Depreciation expense	919		10		8		—			937
Amortization of intangible assets	405		13		13		—			431
Provision (benefit) for income taxes	2,854		45		92		(769		)	2,222
Net Income	$	12,137	$	83	$	110	$	—		$	12,330