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Segment Reporting (Tables) | 9 Months Ended
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Sep. 30, 2020
Segment Reporting [Abstract] |
Schedule of Segment Reporting | The following tables present c ertain financial information for each reportable business segment for the three and nine months ended September 30, 2020. During the three months ended September 30, 2020, Synovus recognized a $44.9 million non-cash goodwill impairment charge representing all of the goodwill allocated to the Consumer Mortgage reporting unit (which is included in the FMS reportable segment) driven by significant mortgage refinance activity at record-low mortgage rates and the FOMC's updated guidance in the third quarter of 2020 regarding inflation targeting and their expectations for interest rates to remain low for an extended period of time. To p rovide comparable prior year information, Synovus has included proforma business segment financial information for the three and nine months ended September 30, 2019 utilizing various allocation methodologies based on balance sheet and income statement items assigned to each business segment. The application and development of management reporting methodologies is a dynamic process and is subject to periodic enhancements. As these enhancements are made, financial results presented by each reportable business segment may be periodically revised.
| Three Months Ended September 30, 2020
(in thousands) | Community Banking |  | Wholesale Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Net interest income | $ | 220,426 |  |  | $ | 139,080 |  |  | $ | 20,986 |  |  | $ | (3,502) |  |  | $ | 376,990 |
Non-interest revenue | 29,982 |  |  | 5,496 |  |  | 65,820 |  |  | 13,113 |  |  | 114,411 |
Non-interest expense | 68,571 |  |  | 19,530 |  |  | 92,931 |  |  | 135,623 |  |  | 316,655 |
Pre-provision net revenue | $ | 181,837 |  |  | $ | 125,046 |  |  | $ | (6,125) |  |  | $ | (126,012) |  |  | $ | 174,746 |
| Three Months Ended September 30, 2019 Proforma
(in thousands) | Community Banking |  | Wholesale Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Net interest income | $ | 203,197 |  |  | $ | 133,773 |  |  | $ | 26,582 |  |  | $ | 38,545 |  |  | $ | 402,097 |
Non-interest revenue | 35,145 |  |  | 7,092 |  |  | 40,966 |  |  | 5,557 |  |  | 88,760 |
Non-interest expense | 76,414 |  |  | 25,413 |  |  | 40,413 |  |  | 134,070 |  |  | 276,310 |
Pre-provision net revenue | $ | 161,928 |  |  | $ | 115,452 |  |  | $ | 27,135 |  |  | $ | (89,968) |  |  | $ | 214,547 |
| Nine Months Ended September 30, 2020
(in thousands) | Community Banking |  | Wholesale Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Net interest income | $ | 638,311 |  |  | $ | 407,265 |  |  | $ | 56,600 |  |  | $ | 24,640 |  |  | $ | 1,126,816 |
Non-interest revenue | 89,413 |  |  | 20,406 |  |  | 166,067 |  |  | 115,866 |  |  | 391,752 |
Non-interest expense | 219,859 |  |  | 63,176 |  |  | 184,501 |  |  | 409,540 |  |  | 877,076 |
Pre-provision net revenue | $ | 507,865 |  |  | $ | 364,495 |  |  | $ | 38,166 |  |  | $ | (269,034) |  |  | $ | 641,492 |
| Nine Months Ended September 30, 2019 Proforma
(in thousands) | Community Banking |  | Wholesale Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Net interest income | $ | 625,450 |  |  | $ | 388,241 |  |  | $ | 86,425 |  |  | $ | 96,419 |  |  | $ | 1,196,535 |
Non-interest revenue | 101,971 |  |  | 21,787 |  |  | 111,873 |  |  | 22,314 |  |  | 257,945 |
Non-interest expense | 225,141 |  |  | 55,141 |  |  | 111,139 |  |  | 441,426 |  |  | 832,847 |
Pre-provision net revenue | $ | 502,280 |  |  | $ | 354,887 |  |  | $ | 87,159 |  |  | $ | (322,693) |  |  | $ | 621,633 |
| September 30, 2020
(dollars in thousands) | Community Banking |  | Wholesale Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Total loans net of deferred fees and costs | $ | 11,489,106 |  |  | $ | 19,204,961 |  |  | $ | 5,412,944 |  |  | $ | 3,442,836 |  |  | $ | 39,549,847 |
Total deposits | $ | 28,870,928 |  |  | $ | 10,339,568 |  |  | $ | 414,243 |  |  | $ | 5,041,165 |  |  | $ | 44,665,904 |
Total full-time equivalent employees | 2,200 |  |  | 285 |  |  | 843 |  |  | 1,904 |  |  | 5,232
| December 31, 2019
(dollars in thousands) | Community Banking |  | Wholesale Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Total loans net of deferred fees and costs | $ | 12,170,914 |  |  | $ | 17,643,509 |  |  | $ | 5,285,455 |  |  | $ | 2,062,572 |  |  | $ | 37,162,450 |
Total deposits | $ | 25,610,777 |  |  | $ | 8,314,184 |  |  | $ | 284,716 |  |  | $ | 4,195,827 |  |  | $ | 38,405,504 |
Total full-time equivalent employees | 2,301 |  |  | 213 |  |  | 839 |  |  | 1,911 |  |  | 5,264 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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