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Segments (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Total Assets by Reportable Operating Segment
The following table represents total assets by reportable operating segment as of the dates presented: 
(dollars in thousands)
September 30, 2015

 
December 31, 2014

Community Banking
$
6,203,446

 
$
4,954,728

Insurance
8,255

 
7,468

Wealth Management
3,637

 
2,490

Total Assets
$
6,215,338

 
$
4,964,686

Financial Information of Segments
The following tables provide financial information for our three operating segments for the three and nine month periods ended September 30, 2015 and 2014. The financial results of the business segments include allocations for shared services based on an internal analysis that supports line of business and branch performance measurement. Shared services include expenses such as employee benefits, occupancy expense, computer support and other corporate overhead. Even with these allocations, the financial results are not necessarily indicative of the business segments’ financial condition and results of operations as 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 September 30, 2015
(dollars in thousands)
Community
Banking

Insurance

Wealth Management

Eliminations

Consolidated

Interest income
$
53,625

$
1

$
108

$
(65
)
$
53,669

Interest expense
4,200



(127
)
4,073

Net interest income
49,425

1

108

62

49,596

Provision for loan losses
3,206




3,206

Noninterest income
8,651

1,197

2,806

(173
)
12,481

Noninterest expense
28,941

1,098

2,210

(111
)
32,138

Depreciation expense
1,192

13

6


1,211

Amortization of intangible assets
460

13

7


480

Provision for income taxes
6,139

26

242


6,407

Net Income
$
18,138

$
48

$
449

$

$
18,635

 
 
 
 
 
 
 
Three Months Ended September 30, 2014
(dollars in thousands)
Community
Banking

Insurance

Wealth Management

Eliminations

Consolidated

Interest income
$
40,581

$

$
109

$
(85
)
$
40,605

Interest expense
3,435



(359
)
3,076

Net interest income
37,146


109

274

37,529

Provision for loan losses
1,454




1,454

Noninterest income
7,742

1,496

2,748

(55
)
11,931

Noninterest expense
23,691

1,127

2,245

219

27,282

Depreciation expense
878

13

7


898

Amortization of intangible assets
238

13

9


260

Provision for income taxes
4,577

120

209


4,906

Net Income
$
14,050

$
223

$
387

$

$
14,660

 
Nine Months Ended September 30, 2015
(dollars in thousands)
Community
Banking

Insurance

Wealth
Management

Eliminations

Consolidated

Interest income
$
150,108

$
2

$
406

$
(321
)
$
150,195

Interest expense
12,144



(615
)
11,529

Net interest income
137,964

2

406

294

138,666

Provision for loan losses
6,473




6,473

Noninterest income
25,056

4,079

8,639

174

37,948

Noninterest expense
87,542

3,288

6,716

468

98,014

Depreciation expense
3,482

39

19


3,540

Amortization of intangible assets
1,283

38

24


1,345

Provision for income taxes
16,534

250

800


17,584

Net Income
$
47,706

$
466

$
1,486

$

$
49,658

 
 
 
 
 
 
 
Nine Months Ended September 30, 2014
(dollars in thousands)
Community
Banking

Insurance

Wealth
Management

Eliminations

Consolidated

Interest income
$
119,055

$
1

$
419

$
(333
)
$
119,142

Interest expense
10,332



(1,165
)
9,167

Net interest income
108,723

1

419

832

109,975

Provision for loan losses
608




608

Noninterest income
22,118

4,262

8,511

227

35,118

Noninterest expense
72,756

3,327

6,961

1,059

84,103

Depreciation expense
2,485

38

20


2,543

Amortization of intangible assets
805

38

30


873

Provision for income taxes
12,579

301

672


13,552

Net Income
$
41,608

$
559

$
1,247

$

$
43,414