Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2023

Information about the Corporation’s segments is presented below:


	Corporate and Commercial Specialty
	Three Months Ended Mar 31,
($ in thousands)	2023		2022
Net interest income	$	219,123	$	90,633
Net intersegment interest income (expense)	(80,980)		8,525
Segment net interest income	138,143		99,158
Noninterest income	32,715		37,728
Total revenue	170,858		136,886
Provision for credit losses	13,782		12,653
Noninterest expense	62,061		56,528
Income before income taxes	95,015		67,705
Income tax expense	17,737		12,307
Net income	$	77,278	$	55,399






Allocated goodwill	$	525,836	$	525,836


	Community, Consumer, and Business
	Three Months Ended Mar 31,
($ in thousands)	2023		2022
Net interest income	$	80,284	$	69,544
Net intersegment interest income	88,079		18,833
Segment net interest income	168,363		88,377
Noninterest income	25,949		33,207
Total revenue	194,312		121,584
Provision for credit losses	6,758		4,656
Noninterest expense	111,694		98,461
Income before income taxes	75,860		18,466
Income tax expense	15,931		3,878
Net income	$	59,930	$	14,588






Allocated goodwill	$	579,156	$	579,156


	Risk Management and Shared Services
	Three Months Ended Mar 31,
($ in thousands)	2023		2022
Net interest income	$	(25,397)	$	27,570
Net intersegment (expense)	(7,099)		(27,358)
Segment net interest income (loss)	(32,496)		212
Noninterest income	3,409		3,532
Total revenue	(29,087)		3,744
Provision for credit losses	(2,568)		(21,300)
Noninterest expense	13,658		18,303
Income (loss) before income taxes	(40,176)		6,741
Income tax expense (benefit)	(6,328)		2,465
Net income (loss)	$	(33,848)	$	4,275






Allocated goodwill	$	—	$	—


	Consolidated Total
	Three Months Ended Mar 31,
($ in thousands)	2023		2022
Net interest income	$	274,010	$	187,747
Net intersegment interest income	—		—
Segment net interest income	274,010		187,747
Noninterest income	62,073		74,467
Total revenue	336,083		262,214
Provision for credit losses	17,971		(3,990)
Noninterest expense	187,412		173,292
Income before income taxes	130,700		92,912
Income tax expense	27,340		18,650
Net income	$	103,360	$	74,262






Allocated goodwill	$	1,104,992	$	1,104,992