Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables detail the Corporation’s segments for the three and six months ended June 30, 2019 and 2018:

	Three Months Ended June 30, 2019									Three Months Ended June 30, 2018
(dollars in thousands)	Banking			Wealth Management			Consolidated			Banking			Wealth Management			Consolidated
Net interest income	$	36,610		$	1		$	36,611		$	37,315		$	1		$	37,316
Provision for loan and lease losses	1,627			—			1,627			3,137			—			3,137
Net interest income after loan loss provision	34,983			1			34,984			34,178			1			34,179
Noninterest income:
Fees for wealth management services	—			11,510			11,510			—			10,658			10,658
Insurance commissions	—			1,697			1,697			—			1,902			1,902
Capital markets revenue	1,489			—			1,489			2,105			—			2,105
Service charges on deposit accounts	852			—			852			752			—			752
Loan servicing and other fees	553			—			553			475			—			475
Net gain on sale of loans	752			—			752			528			—			528
Net gain on sale of investment securities available for sale	—			—			—			—			—			—
Net gain on sale of OREO	—			—			—			111			—			111
Other operating income	3,342			26			3,368			3,486			58			3,544
Total noninterest income	6,988			13,233			20,221			7,457			12,618			20,075
Noninterest expenses:
Salaries & wages	12,295			4,743			17,038			11,184			5,056			16,240
Employee benefits	2,338			979			3,317			1,922			955			2,877
Occupancy and bank premises	2,608			517			3,125			2,235			462			2,697
Amortization of intangible assets	328			628			956			385			504			889
Professional fees	1,221			95			1,316			879			53			932
Other operating expenses	7,983			1,453			9,436			10,875			1,326			12,201
Total noninterest expenses	26,773			8,415			35,188			27,480			8,356			35,836
Segment profit	15,198			4,819			20,017			14,155			4,263			18,418
Intersegment (revenues) expenses(1)	(125		)	125			—			(150		)	150			—
Pre-tax segment profit after eliminations	$	15,073		$	4,944		$	20,017		$	14,005		$	4,413		$	18,418
% of segment pre-tax profit after eliminations	75.3		%	24.7		%	100.0		%	76.0		%	24.0		%	100.0		%
Segment assets (dollars in millions)	$	4,682.0		$	54.6		$	4,736.6		$	4,339.3		$	54.9		$	4,394.2

	Six Months Ended June 30, 2019									Six Months Ended June 30, 2018
(dollars in thousands)	Banking			Wealth Management			Consolidated			Banking			Wealth Management			Consolidated
Net interest income	$	74,255		$	3		$	74,258		$	74,753		$	2		$	74,755
Provision for loan and lease losses	5,363			—			5,363			4,167			—			4,167
Net interest income after loan loss provision	68,892			3			68,895			70,586			2			70,588
Noninterest income:
Fees for wealth management services	—			21,902			21,902			—			20,966			20,966
Insurance commissions	—			3,369			3,369			—			3,595			3,595
Capital markets revenue	3,708			—			3,708			2,771			—			2,771
Service charges on deposit accounts	1,660			—			1,660			1,465			—			1,465
Loan servicing and other fees	1,162			—			1,162			1,161			—			1,161
Net gain on sale of loans	1,071			—			1,071			1,046			—			1,046
Net gain on sale of investment securities available for sale	—			—			—			7			—			7
Net (loss) gain on sale of OREO	(24		)	—			(24		)	287			—			287
Other operating income	6,579			47			6,626			8,211			102			8,313
Total noninterest income	14,156			25,318			39,474			14,948			24,663			39,611
Noninterest expenses:
Salaries & wages	28,070			9,869			37,939			22,340			9,882			32,222
Employee benefits	5,510			1,973			7,483			4,598			1,987			6,585
Occupancy and bank premises	5,340			1,037			6,377			4,811			936			5,747
Amortization of intangible assets	655			1,239			1,894			783			985			1,768
Professional fees	2,384			252			2,636			1,608			72			1,680
Other operating expenses	15,252			3,331			18,583			21,306			2,558			23,864
Total noninterest expenses	57,211			17,701			74,912			55,446			16,420			71,866
Segment profit	25,837			7,620			33,457			30,088			8,245			38,333
Intersegment (revenues) expenses*	(248		)	248			—			(299		)	299			—
Pre-tax segment profit after eliminations	$	25,589		$	7,868		$	33,457		$	29,789		$	8,544		$	38,333
% of segment pre-tax profit after eliminations	76.5		%	23.5		%	100.0		%	77.7		%	22.3		%	100.0		%
Segment assets (dollars in millions)	$	4,682.0		$	54.6		$	4,736.6		$	4,339.3		$	54.9		$	4,394.2

(1) Inter-segment revenues consist of rental payments, interest on deposits and management fees.

Wealth Management Segment Information

(dollars in millions)	June 30, 2019		December 31, 2018
Assets under management, administration, supervision and brokerage	$	14,815.3	$	13,429.5