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Segment Information
 12 Months Ended
Dec. 31, 2011
Segment Information [Abstract]  
Segment Information

(22) SEGMENT INFORMATION

The Company evaluates its performance with an internal profitability measurement system that measures the profitability of its business units on a pre-tax basis. The four principal business units are metropolitan banks, community banks, other financial services, and executive, operations and support. Metropolitan and community banks offer traditional banking products such as commercial and retail lending, and a full line of deposit accounts. Metropolitan banks consist of banking locations in the metropolitan Oklahoma City and Tulsa areas. Community banks consist of banking locations in communities throughout Oklahoma. Other financial services are specialty product business units including guaranteed small business lending, residential mortgage lending, trust services, securities brokerage, electronic banking and insurance. The executive, operations and support groups represent executive management, operational support and corporate functions that are not allocated to the other business units.

The results of operations and selected financial information for the four business units are as follows:

 

     Metropolitan
Banks		      Community
Banks		      Other
Financial
Services		      Executive,
Operations
& Support		     Eliminations     Consolidated  
     (Dollars in thousands)  

December 31, 2011

                

Net interest income (expense)

    $ 50,952       $ 102,528       $ 7,055       $ (3,638 )    $ —        $ 156,897   

Provision for loan losses

      21         4,205         276         13        —          4,515   

Noninterest income

      11,226         39,529         23,148         51,144        (48,086 )      76,961   

Depreciation and amortization

      1,733         6,128         505         1,316        —          9,682   

Other expenses

      29,527         74,527         19,569         25,627        (286 )      148,964   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

Income before taxes

    $ 30,897       $ 57,197       $ 9,853       $ 20,550      $ (47,800 )    $ 70,697   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

Total assets

    $ 1,738,426       $ 3,660,239       $ 153,872       $ 602,577      $ (546,289 )    $ 5,608,825   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

Capital expenditures

    $ 2,265       $ 12,561       $ 107       $ 1,447      $ —        $ 16,380   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

December 31, 2010

                

Net interest income (expense)

    $ 46,928       $ 91,730       $ 7,489       $ (3,390 )    $ —        $ 142,757   

Provision for loan losses

      528         2,199         228         (1 )      —          2,954   

Noninterest income

      10,687         35,818         20,822         46,809        (44,198 )      69,938   

Depreciation and amortization

      1,628         5,269         502         1,132        —          8,531   

Other expenses

      26,738         66,838         18,394         23,879        (285 )      135,564   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

Income before taxes

    $ 28,721       $ 53,242       $ 9,187       $ 18,409      $ (43,913 )    $ 65,646   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

Total assets

    $ 1,534,552       $ 3,298,409       $ 140,854       $ 611,979      $ (525,545 )    $ 5,060,249   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

Capital expenditures

    $ 1,614       $ 4,584       $ 162       $ 1,148      $ —        $ 7,508   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

December 31, 2009

                

Net interest income (expense)

    $ 40,308       $ 87,446       $ 7,391       $ (3,841 )    $ —        $ 131,304   

Provision for loan losses

      6,673         3,618         97         1        —          10,389   

Noninterest income

      10,501         34,543         19,025         36,850        (34,038 )      66,881   

Depreciation and amortization

      1,506         5,225         468         1,241        —          8,440   

Other expenses

      25,359         64,589         15,840         25,134        (245 )      130,677   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

Income before taxes

    $ 17,271       $ 48,557       $ 10,011       $ 6,633      $ (33,793 )    $ 48,679   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

Total assets

    $ 1,386,748       $ 2,779,110       $ 221,033       $ 523,350      $ (494,126 )    $ 4,416,115   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

Capital expenditures

    $ 1,625       $ 3,088       $ 91       $ 1,209      $ —        $ 6,013   
  

 

 

     

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

 

The financial information for each business unit is presented on the basis used internally by management to evaluate performance and allocate resources. The Company utilizes a transfer pricing system to allocate the benefit or cost of funds provided or used by the various business units. Certain services provided by the support group to other business units, such as item processing, are allocated at rates approximating the cost of providing the services. Eliminations are adjustments to consolidate the business units and companies. Capital expenditures are generally charged to the business unit using the asset.