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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2022

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, 2022, 2021, and 2020 and as of December 31, 2022 and 2021. 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. Loan and deposit transfers occur from time to time between reportable business segments primarily to maintain the migration of clients and relationship managers between segments. 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.

During the years ended December 31, 2022, 2021, and 2020 Treasury and Corporate Other's net interest income benefited from the recognition of PPP fees totaling $12.6 million, $79.2 million, and $46.0 million, respectively. 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 the FOMC's longer term policy actions designed to keep interest rates low.

			Year Ended December 31, 2022
(in thousands)			Wholesale Banking						Community Banking						Consumer Banking						Financial Management Services						Treasury and Corporate Other						Synovus Consolidated
Net interest income			$	691,535					$	412,660					$	465,840					$	69,539					$	157,326					$	1,796,900
Non-interest revenue			39,262						50,077						86,570						182,861						50,566						409,336
Non-interest expense			114,212						130,398						189,839						171,325						551,732						1,157,506
Pre-provision net revenue			$	616,585					$	332,339					$	362,571					$	81,075					$	(343,840)					$	1,048,730
			Year Ended December 31, 2021
(in thousands)			Wholesale Banking						Community Banking						Consumer Banking						Financial Management Services						Treasury and Corporate Other						Synovus Consolidated
Net interest income			$	558,469					$	399,261					$	409,439					$	78,647					$	87,131					$	1,532,947
Non-interest revenue			34,590						48,301						79,725						211,002						76,448						450,066
Non-interest expense			90,198						115,366						175,451						184,133						534,756						1,099,904
Pre-provision net revenue			$	502,861					$	332,196					$	313,713					$	105,516					$	(371,177)					$	883,109
			Year Ended December 31, 2020
(in thousands)			Wholesale Banking						Community Banking						Consumer Banking						Financial Management Services						Treasury and Corporate Other						Synovus Consolidated
Net interest income			$	548,398					$	403,535					$	450,486					$	79,116					$	31,213					$	1,512,748
Non-interest revenue			26,379						37,753						73,503						224,620						144,258						506,513
Non-interest expense			85,292						115,561						181,510						232,180						565,031						1,179,574
Pre-provision net revenue			$	489,485					$	325,727					$	342,479					$	71,556					$	(389,560)					$	839,687

			December 31, 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			$	25,865,667					$	8,138,606								$	2,933,504					$	5,157,014					$	1,621,562					$	43,716,353
Deposits			$	12,942,732					$	10,798,409								$	18,561,521					$	102,496					$	6,466,401					$	48,871,559
Full-time equivalent employees			337						624									1,503						768						1,795						5,027
			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
Deposits			$	12,795,224					$	12,557,631								$	19,668,846					$	401,969					$	4,003,606					$	49,427,276
Full-time equivalent employees			284						617									1,522						794						1,670						4,887

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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 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
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-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
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-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

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