Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Selected segment information

Information about the Corporation’s segments is presented below:

	Corporate and Commercial Specialty
	Three Months Ended September 30,						Nine Months Ended September 30,
($ in Thousands)	2019			2018			2019			2018
Net interest income	$	110,929		$	113,298		$	342,486		$	339,718
Net intersegment interest income (expense)	(17,318		)	(13,018		)	(60,000		)	(36,151		)
Segment net interest income	93,612			100,280			282,485			303,567
Noninterest income	13,452			12,280			39,215			39,156
Total revenue	107,063			112,560			321,700			342,723
Credit provision	12,912			11,232			39,713			32,955
Noninterest expense	39,172			41,828			117,982			122,853
Income (loss) before income taxes	54,979			59,500			164,005			186,914
Income tax expense (benefit)	9,670			12,098			30,536			36,978
Net income	$	45,309		$	47,402		$	133,469		$	149,937
Allocated goodwill							$	525,836		$	524,525

	Community, Consumer, and Business
	Three Months Ended September 30,				Nine Months Ended September 30,
($ in Thousands)	2019		2018		2019		2018
Net interest income	$	81,517	$	91,323	$	254,463	$	268,137
Net intersegment interest income (expense)	27,651		21,951		76,679		63,301
Segment net interest income	109,167		113,275		331,142		331,438
Noninterest income	81,133		73,838		233,692		224,124
Total revenue	190,300		187,113		564,834		555,562
Credit provision	5,008		5,280		15,007		15,125
Noninterest expense	137,761		139,627		406,984		405,129
Income (loss) before income taxes	47,532		42,206		142,843		135,307
Income tax expense (benefit)	9,982		8,863		30,003		28,415
Net income	$	37,550	$	33,343	$	112,839	$	106,893
Allocated goodwill					$	650,394	$	644,397

	Risk Management and Shared Services
	Three Months Ended September 30,						Nine Months Ended September 30,
($ in Thousands)	2019			2018			2019			2018
Net interest income	$	13,919		$	14,770		$	38,583		$	47,770
Net intersegment interest income (expense)	(10,333		)	(8,933		)	(16,679		)	(27,150		)
Segment net interest income	3,586			5,837			21,905			20,620
Noninterest income	6,265			2,183			14,983			8,242
Total revenue	9,852			8,019			36,888			28,861
Credit provision	(15,919		)	(21,512		)	(38,721		)	(49,081		)
Noninterest expense(a)	23,981			22,959			65,399			100,654
Income (loss) before income taxes	1,790			6,572			10,209			(22,712		)
Income tax expense (benefit)	1,295			1,388			1,816			(10,460		)
Net income	$	495		$	5,185		$	8,393		$	(12,252	)
Allocated goodwill							$	—		$	—

	Consolidated Total
	Three Months Ended September 30,					Nine Months Ended September 30,
($ in Thousands)	2019		2018			2019		2018
Net interest income	$	206,365	$	219,392		$	635,532	$	655,625
Net intersegment interest income (expense)	—		—			—		—
Segment net interest income	206,365		219,392			635,532		655,625
Noninterest income	100,850		88,300			287,890		271,522
Total revenue	307,216		307,692			923,422		927,146
Credit provision	2,000		(5,000		)	16,000		(1,000		)
Noninterest expense	200,930		204,413			590,380		628,636
Income (loss) before income taxes	104,286		108,279			317,042		299,510
Income tax expense (benefit)	20,947		22,349			62,356		54,932
Net income	$	83,339	$	85,929		$	254,686	$	244,578
Allocated goodwill						$	1,176,230	$	1,168,922

(a) For the three months ended both September 30, 2019 and 2018, the Risk Management and Shared Services segment included approximately $2 million of acquisition related noninterest expense. For the nine months ended September 30, 2019 and 2018, the Risk Management and Shared Services segment included approximately $6 million and $30 million, respectively, of acquisition related noninterest expense.