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Segment Information (Tables)
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Results of Operations and Selected Financial Information

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

 

 

Metropolitan

Banks

 

 

Community

Banks

 

 

Pegasus      Bank

 

 

Other

Financial

Services

 

 

Executive,

Operations

& Support

 

 

Eliminations

 

 

Consolidated

 

 

 

(Dollars in thousands)

 

Three Months Ended September 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

20,476

 

 

$

43,369

 

 

$

5,078

 

 

$

6,816

 

 

$

(104

)

 

$

217

 

 

$

75,852

 

Noninterest income

 

 

4,735

 

 

 

15,149

 

 

 

379

 

 

 

10,882

 

 

 

25,969

 

 

 

(22,539

)

 

 

34,575

 

Income before taxes

 

 

6,669

 

 

 

18,257

 

 

 

1,429

 

 

 

3,819

 

 

 

17,158

 

 

 

(21,728

)

 

 

25,604

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

21,955

 

 

$

44,707

 

 

$

2,954

 

 

$

1,654

 

 

$

1,017

 

 

$

 

 

$

72,287

 

Noninterest income

 

 

4,862

 

 

 

16,823

 

 

 

109

 

 

 

10,916

 

 

 

39,640

 

 

 

(36,723

)

 

 

35,627

 

Income before taxes

 

 

15,670

 

 

 

29,710

 

 

 

1,404

 

 

 

6,239

 

 

 

25,882

 

 

 

(35,940

)

 

 

42,965

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

64,970

 

 

$

131,784

 

 

$

15,662

 

 

$

14,304

 

 

$

196

 

 

$

217

 

 

$

227,133

 

Noninterest income

 

 

14,006

 

 

 

44,843

 

 

 

631

 

 

 

31,100

 

 

 

79,226

 

 

 

(68,004

)

 

 

101,802

 

Income before taxes

 

 

20,695

 

 

 

58,225

 

 

 

4,372

 

 

 

17,364

 

 

 

44,793

 

 

 

(66,289

)

 

 

79,160

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

64,746

 

 

$

132,889

 

 

$

2,954

 

 

$

4,236

 

 

$

3,157

 

 

$

 

 

$

207,982

 

Noninterest income

 

 

13,706

 

 

 

47,951

 

 

 

109

 

 

 

30,894

 

 

 

113,078

 

 

 

(104,033

)

 

 

101,705

 

Income before taxes

 

 

45,905

 

 

 

87,796

 

 

 

1,404

 

 

 

16,310

 

 

 

78,495

 

 

 

(102,103

)

 

 

127,807

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2020

 

$

2,952,325

 

 

$

5,718,312

 

 

$

761,505

 

 

$

809,354

 

 

$

487,192

 

 

$

(1,109,820

)

 

$

9,618,868

 

December 31, 2019

 

 

2,806,021

 

 

 

4,998,247

 

 

 

738,351

 

 

 

102,442

 

 

 

950,920

 

 

 

(1,030,223

)

 

 

8,565,758