XML 39 R29.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Segment Reporting (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Segment Reporting [Abstract] |
Schedule of Segment Reporting | During the third quarter of 2022, public funds deposits (and related net interest income, FTP, and non-interest expense) in the Financial Management Services segment were transferred to the Wholesale Banking segment in order to maintain consistency so that all public funds deposits can be managed together in the same business segment. Prior periods have been adjusted accordingly.
| Three Months Ended September 30, 2022
(in thousands) | Wholesale Banking |  | Community Banking |  | Consumer Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Net interest income | $ | 177,844 |  |  | $ | 109,948 |  |  | $ | 125,421 |  |  | $ | 17,076 |  |  | $ | 47,630 |  |  | $ | 477,919 |
Non-interest revenue | 9,790 |  |  | 11,768 |  |  | 21,498 |  |  | 46,615 |  |  | 14,627 |  |  | 104,298 |
Non-interest expense | 29,888 |  |  | 33,545 |  |  | 48,234 |  |  | 42,620 |  |  | 139,723 |  |  | 294,010 |
Pre-provision net revenue | $ | 157,746 |  |  | $ | 88,171 |  |  | $ | 98,685 |  |  | $ | 21,071 |  |  | $ | (77,466) |  |  | $ | 288,207 |
| Three Months Ended September 30, 2021
(in thousands) | Wholesale Banking |  | Community Banking |  | Consumer Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Net interest income | $ | 138,774 |  |  | $ | 99,512 |  |  | $ | 100,502 |  |  | $ | 19,964 |  |  | $ | 26,165 |  |  | $ | 384,917 |
Non-interest revenue | 10,739 |  |  | 12,963 |  |  | 20,758 |  |  | 51,248 |  |  | 19,247 |  |  | 114,955 |
Non-interest expense | 22,514 |  |  | 30,169 |  |  | 43,620 |  |  | 44,999 |  |  | 125,730 |  |  | 267,032 |
Pre-provision net revenue | $ | 126,999 |  |  | $ | 82,306 |  |  | $ | 77,640 |  |  | $ | 26,213 |  |  | $ | (80,318) |  |  | $ | 232,840 |
| Nine Months Ended September 30, 2022
(in thousands) | Wholesale Banking |  | Community Banking |  | Consumer Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Net interest income | $ | 503,828 |  |  | $ | 306,966 |  |  | $ | 326,553 |  |  | $ | 52,895 |  |  | $ | 105,313 |  |  | $ | 1,295,555 |
Non-interest revenue | 27,473 |  |  | 37,819 |  |  | 65,236 |  |  | 136,975 |  |  | 39,394 |  |  | 306,897 |
Non-interest expense | 83,630 |  |  | 97,671 |  |  | 139,859 |  |  | 131,023 |  |  | 396,328 |  |  | 848,511 |
Pre-provision net revenue | $ | 447,671 |  |  | $ | 247,114 |  |  | $ | 251,930 |  |  | $ | 58,847 |  |  | $ | (251,621) |  |  | $ | 753,941 |
| Nine Months Ended September 30, 2021
(in thousands) | Wholesale Banking |  | Community Banking |  | Consumer Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Net interest income | $ | 409,265 |  |  | $ | 297,852 |  |  | $ | 311,285 |  |  | $ | 59,603 |  |  | $ | 62,629 |  |  | $ | 1,140,634 |
Non-interest revenue | 25,058 |  |  | 36,055 |  |  | 59,632 |  |  | 162,176 |  |  | 50,076 |  |  | 332,997 |
Non-interest expense | 64,590 |  |  | 85,234 |  |  | 130,482 |  |  | 139,383 |  |  | 385,008 |  |  | 804,697 |
Pre-provision net revenue | $ | 369,733 |  |  | $ | 248,673 |  |  | $ | 240,435 |  |  | $ | 82,396 |  |  | $ | (272,303) |  |  | $ | 668,934 |
| September 30, 2022
(dollars in thousands) | Wholesale Banking |  | Community Banking |  | Consumer Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Loans, net of deferred fees and costs | $ | 24,614,311 |  |  | $ | 8,232,482 |  |  | $ | 2,887,964 |  |  | $ | 5,104,400 |  |  | $ | 1,732,301 |  |  | $ | 42,571,458 |
Total deposits | $ | 11,346,835 |  |  | $ | 11,227,390 |  |  | $ | 19,394,060 |  |  | $ | 124,208 |  |  | $ | 5,605,071 |  |  | $ | 47,697,564 |
Total full-time equivalent employees | 325 |  |  | 623 |  |  | 1,510 |  |  | 799 |  |  | 1,776 |  |  | 5,033 |
| December 31, 2021
(dollars in thousands) | Wholesale Banking |  | Community Banking |  | Consumer Banking |  | Financial Management Services |  | Treasury and Corporate Other |  | Synovus Consolidated
Loans, net of deferred fees and costs | $ | 21,496,050 |  |  | $ | 8,231,451 |  |  | $ | 2,559,892 |  |  | $ | 4,994,494 |  |  | $ | 2,030,071 |  |  | $ | 39,311,958 |
Total deposits | $ | 12,795,224 |  |  | $ | 12,557,631 |  |  | $ | 19,668,846 |  |  | $ | 401,969 |  |  | $ | 4,003,606 |  |  | $ | 49,427,276 |
Total full-time equivalent employees | 284 |  |  | 617 |  |  | 1,522 |  |  | 794 |  |  | 1,670 |  |  | 4,887 |

X
- 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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration