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Segment Reporting (Tables) | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following tables present certain financial information for each reportable business segment for the years ended December 31, 2021, 2020, and 2019 and as of December 31, 2021 and 2020. The fourth quarter of 2019 was the first financial period in which the new segment reporting became effective; thus, to provide comparable prior year information, Synovus has included proforma business segment financial information for the full year 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. During the year ended December 31, 2021, Treasury and Corporate Other's net interest income benefited from the recognition of $79.2 million of PPP fees, an increase of $33.2 million from $46.0 million for the year ended December 31, 2020. During the year ended December 31, 2020, Synovus strategically repositioned the investment securities portfolio, which resulted in net gains of $78.9 million in the Treasury and Corporate Other segment. Additionally, during the year ended December 31, 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) resulting from a combination of factors, including the extended duration of lower market valuations, high volumes in refinance activity that reduced mortgage yields, and the clarity around longer term policy actions designed to keep interest rates low.
| Year Ended December 31, 2021
(in thousands) | Community Banking |  | Wholesale Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Net interest income | $ | 808,700 |  |  | $ | 557,943 |  |  | $ | 79,173 |  |  | $ | 87,131 |  |  | $ | 1,532,947 |
Non-interest revenue | 128,026 |  |  | 34,590 |  |  | 211,002 |  |  | 76,448 |  |  | 450,066 |
Non-interest expense | 290,817 |  |  | 90,074 |  |  | 184,257 |  |  | 534,756 |  |  | 1,099,904 |
Pre-provision net revenue | $ | 645,909 |  |  | $ | 502,459 |  |  | $ | 105,918 |  |  | $ | (371,177) |  |  | $ | 883,109 |
| Year Ended December 31, 2020
(in thousands) | Community Banking |  | Wholesale Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Net interest income | $ | 854,021 |  |  | $ | 548,152 |  |  | $ | 79,362 |  |  | $ | 31,213 |  |  | $ | 1,512,748 |
Non-interest revenue | 111,256 |  |  | 26,379 |  |  | 224,620 |  |  | 144,258 |  |  | 506,513 |
Non-interest expense | 297,071 |  |  | 85,250 |  |  | 232,222 |  |  | 565,031 |  |  | 1,179,574 |
Pre-provision net revenue | $ | 668,206 |  |  | $ | 489,281 |  |  | $ | 71,760 |  |  | $ | (389,560) |  |  | $ | 839,687 |
| Year Ended December 31, 2019 (Proforma)
(in thousands) | Community Banking |  | Wholesale Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Net interest income | $ | 825,219 |  |  | $ | 518,033 |  |  | $ | 112,431 |  |  | $ | 140,120 |  |  | $ | 1,595,803 |
Non-interest revenue | 136,657 |  |  | 28,948 |  |  | 154,166 |  |  | 36,129 |  |  | 355,900 |
Non-interest expense | 302,327 |  |  | 71,393 |  |  | 152,115 |  |  | 573,133 |  |  | 1,098,968 |
Pre-provision net revenue | $ | 659,549 |  |  | $ | 475,588 |  |  | $ | 114,482 |  |  | $ | (396,884) |  |  | $ | 852,735 |
| December 31, 2021
(dollars in thousands) | Community Banking |  | Wholesale Banking |  |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Loans, net of deferred fees and costs | $ | 10,791,343 |  |  | $ | 21,496,050 |  |  |  | $ | 4,994,494 |  |  | $ | 2,030,071 |  |  | $ | 39,311,958 |
Deposits | $ | 32,226,477 |  |  | $ | 12,370,554 |  |  |  | $ | 826,639 |  |  | $ | 4,003,606 |  |  | $ | 49,427,276 |
Full-time equivalent employees | 2,139 |  |  | 284 |  |  |  | 794 |  | 1,670 |  |  | 4,887 |
| December 31, 2020
(dollars in thousands) | Community Banking |  | Wholesale Banking |  |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Loans, net of deferred fees and costs | $ | 11,171,055 |  |  | $ | 18,810,729 |  |  |  | $ | 5,370,748 |  |  | $ | 2,900,452 |  |  | $ | 38,252,984 |
Deposits | $ | 29,141,242 |  |  | $ | 11,958,105 |  |  |  | $ | 739,200 |  |  | $ | 4,853,024 |  |  | $ | 46,691,571 |
Full-time equivalent employees | 2,296 |  |  | 285 |  |  |  | 835 |  |  | 1,718 |  |  | 5,134 |

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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=123359005&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=123359005&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=123359005&loc=d3e8906-108599 + Details
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