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Segment Information
 3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Segment Information

(10)SEGMENT INFORMATION

The Company evaluates its performance with an internal profitability measurement system that measures the profitability of its business units on a pre-tax basis. The four principal business units are metropolitan banks, community banks, other financial services and executive, operations and support. Metropolitan and community banks offer traditional banking products such as commercial and retail lending and a full line of deposit accounts. Metropolitan banks consist of banking locations in the metropolitan Oklahoma City and Tulsa areas.  Community banks consist of banking locations in communities throughout Oklahoma. Other financial services are specialty product business units including guaranteed small business lending, residential mortgage lending, trust services, securities brokerage, electronic banking and insurance. The executive, operations and support groups represent executive management, operational support and corporate functions that are not allocated to the other business units.

The results of operations and selected financial information for the four business units are as follows:

 

 

 

Metropolitan

Banks

 

 

Community

Banks

 

 

Other

Financial

Services

 

 

Executive,

Operations

& Support

 

 

Eliminations

 

 

Consolidated

 

 

 

(Dollars in thousands)

 

Three Months Ended March 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income (expense)

 

$

20,304

 

 

$

41,382

 

 

$

1,475

 

 

$

(126

)

 

$

—

 

 

$

63,035

 

Noninterest income

 

 

3,941

 

 

 

13,953

 

 

 

9,624

 

 

 

32,194

 

 

 

(29,602

)

 

 

30,110

 

Income before taxes

 

 

14,736

 

 

 

26,348

 

 

 

5,043

 

 

 

19,915

 

 

 

(29,101

)

 

 

36,941

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income (expense)

 

$

18,520

 

 

$

35,123

 

 

$

1,495

 

 

$

(370

)

 

$

—

 

 

$

54,768

 

Noninterest income

 

 

3,822

 

 

 

13,277

 

 

 

8,310

 

 

 

24,472

 

 

 

(21,796

)

 

 

28,085

 

Income before taxes

 

 

13,074

 

 

 

22,719

 

 

 

3,645

 

 

 

15,511

 

 

 

(21,756

)

 

 

33,193

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2018

 

$

2,646,469

 

 

$

4,952,580

 

 

$

84,625

 

 

$

838,976

 

 

$

(907,008

)

 

$

7,615,642

 

December 31, 2017

 

 

2,552,024

 

 

 

4,544,196

 

 

 

117,332

 

 

 

885,590

 

 

 

(845,986

)

 

 

7,253,156

 

The financial information for each business unit is presented on the basis used internally by management to evaluate performance and allocate resources.  The Company utilizes a transfer pricing system to allocate the benefit or cost of funds provided or used by the various business units.  Certain services provided by the support group to other business units, such as item processing, are allocated at rates approximating the cost of providing the services.  Eliminations are adjustments to consolidate the business units and companies. Capital expenditures are generally charged to the business unit using the asset.