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Segment Information (Tables)
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule of Operating Information for Reportable Segments
The following is a summary of certain operating information for reportable segments:
Three Months Ended$ Change in
Contribution
% Change  in
Contribution
(Dollars in thousands)June 30,
2024
June 30,
2023
Net interest income:
Community Banking$358,832 $346,232 $12,600 %
Specialty Finance95,191 84,993 10,198 12 
Wealth Management7,928 7,404 524 
Total Operating Segments461,951 438,629 23,322 
Intersegment Eliminations8,659 8,908 (249)(3)
Consolidated net interest income$470,610 $447,537 $23,073 %
Provision for credit losses:
Community Banking$36,325 $26,713 $9,612 36 %
Specialty Finance3,736 1,801 1,935 107 
Wealth Management — — — 
Total Operating Segments40,061 28,514 11,547 40 
Intersegment Eliminations — — — 
Consolidated provision for credit losses$40,061 $28,514 $11,547 40 %
Non-interest income:
Community Banking$71,619 $68,130 $3,489 %
Specialty Finance32,317 31,737 580 
Wealth Management35,605 33,391 2,214 
Total Operating Segments139,541 133,258 6,283 
Intersegment Eliminations(18,394)(20,228)1,834 (9)
Consolidated non-interest income$121,147 $113,030 $8,117 %
Net revenue:
Community Banking$430,451 $414,362 $16,089 %
Specialty Finance127,508 116,730 10,778 
Wealth Management43,533 40,795 2,738 
Total Operating Segments601,492 571,887 29,605 
Intersegment Eliminations(9,735)(11,320)1,585 (14)
Consolidated net revenue$591,757 $560,567 $31,190 %
Segment profit:
Community Banking$91,235 $102,517 $(11,282)(11)%
Specialty Finance53,091 46,402 6,689 14 
Wealth Management8,062 5,831 2,231 38 
Consolidated net income$152,388 $154,750 $(2,362)(2)%
Segment assets:
Community Banking$47,611,508 $42,452,673 $5,158,835 12 %
Specialty Finance11,014,840 10,549,819 465,021 
Wealth Management1,155,168 1,283,684 (128,516)(10)
Consolidated total assets$59,781,516 $54,286,176 $5,495,340 10 %
NM - Not meaningful
Six Months Ended$ Change in
Contribution
% Change  in
Contribution
(Dollars in thousands)June 30,
2024
June 30,
2023
Net interest income:
Community Banking$722,517 $716,080 $6,437 %
Specialty Finance177,473 155,344 22,129 14 
Wealth Management15,686 16,359 (673)(4)
Total Operating Segments915,676 887,783 27,893 
Intersegment Eliminations19,128 17,749 1,379 
Consolidated net interest income$934,804 $905,532 $29,272 %
Provision for credit losses:
Community Banking$56,717 $47,812 $8,905 19 %
Specialty Finance5,017 3,747 1,270 34 
Wealth Management — — — 
Total Operating Segments61,734 51,559 10,175 20 
Intersegment Eliminations — — — 
Consolidated provision for credit losses$61,734 $51,559 $10,175 20 %
Non-interest income:
Community Banking$146,255 $136,863 $9,392 %
Specialty Finance59,634 57,527 2,107 
Wealth Management94,090 63,688 30,402 48 
Total Operating Segments299,979 258,078 41,901 16 
Intersegment Eliminations(38,252)(37,279)(973)
Consolidated non-interest income$261,727 $220,799 $40,928 19 %
Net revenue:
Community Banking$868,772 $852,943 $15,829 %
Specialty Finance237,107 212,871 24,236 11 
Wealth Management109,776 80,047 29,729 37 
Total Operating Segments1,215,655 1,145,861 69,794 
Intersegment Eliminations(19,124)(19,530)406 (2)
Consolidated net revenue$1,196,531 $1,126,331 $70,200 %
Segment profit:
Community Banking$211,282 $236,749 $(25,467)12 %
Specialty Finance95,614 83,139 12,475 
Wealth Management32,786 15,060 17,726 (10)
Consolidated net income$339,682 $334,948 $4,734 10 %
NM - Not meaningful