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SEGMENT REPORTING (Tables)
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Operating Segments and Reconciliation of Information to Consolidated Financial Statements Information for the operating segments and reconciliation of the information to the condensed consolidated financial statements for the periods indicated is presented in the following tables:

 

 

Three Months Ended March 31, 2020

 

 

Community

 

 

 

 

Investment

 

Inter-Segment

 

 

 

(In thousands)

 

Banking

 

Insurance

 

Mgmt.

 

Elimination

 

Total

Interest income

 

$

83,857

 

$

3

 

$

2

 

$

(4)

 

$

83,858

Interest expense

 

 

19,528

 

 

-

 

 

-

 

 

(4)

 

 

19,524

Provision for credit losses

 

 

24,469

 

 

-

 

 

-

 

 

-

 

 

24,469

Noninterest income

 

 

13,977

 

 

2,129

 

 

2,266

 

 

(204)

 

 

18,168

Noninterest expense

 

 

44,655

 

 

1,464

 

 

1,831

 

 

(204)

 

 

47,746

Income before income taxes

 

 

9,182

 

 

668

 

 

437

 

 

-

 

 

10,287

Income tax expense

 

 

1

 

 

185

 

 

114

 

 

-

 

 

300

Net income

 

$

9,181

 

$

483

 

$

323

 

$

-

 

$

9,987

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

$

8,917,849

 

$

10,887

 

$

55,657

 

$

(54,791)

 

$

8,929,602

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2019

 

 

Community

 

 

 

 

Investment

 

Inter-Segment

 

 

 

(In thousands)

 

Banking

 

Insurance

 

Mgmt.

 

Elimination

 

Total

Interest income

 

$

88,183

 

$

1

 

$

2

 

$

(3)

 

$

88,183

Interest expense

 

 

21,436

 

 

-

 

 

-

 

 

(3)

 

 

21,433

Provision (credit) for credit losses

 

 

(128)

 

 

-

 

 

-

 

 

-

 

 

(128)

Non-interest income

 

 

12,707

 

 

1,904

 

 

2,525

 

 

(167)

 

 

16,969

Non-interest expense

 

 

41,211

 

 

1,420

 

 

1,728

 

 

(167)

 

 

44,192

Income before income taxes

 

 

38,371

 

 

485

 

 

799

 

 

-

 

 

39,655

Income tax expense

 

 

8,993

 

 

135

 

 

210

 

 

-

 

 

9,338

Net income

 

$

29,378

 

$

350

 

$

589

 

$

-

 

$

30,317

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

$

8,326,141

 

$

11,519

 

$

20,564

 

$

(30,324)

 

$

8,327,900