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Segment Reporting (Tables)

12 Months Ended

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

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