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Business Segments (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Financial Information by Business Segment | Condensed financial information by business segment is presented below:
(in thousands) |  | Community Banking |  |  | Trust and Investment Services |  |  | Consolidated |
For the Year Ended December 31, 2022 |  |  |  |  |  |  |  |  |
Interest and dividend income |  | $ | 513,656 |  |  | $ | — |  |  | $ | 513,656 |
Interest expense |  |  | 39,343 |  |  |  | — |  |  |  | 39,343 |
Net interest income |  |  | 474,313 |  |  |  | — |  |  |  | 474,313 |
Provision for credit losses |  |  | (1,663 | ) |  |  | — |  |  |  | (1,663 | )
Net interest income after provision for credit losses |  |  | 475,976 |  |  |  | — |  |  |  | 475,976 |
Non-interest income |  |  | 89,840 |  |  |  | 27,551 |  |  |  | 117,391 |
Non-interest expense |  |  | 340,573 |  |  |  | 16,393 |  |  |  | 356,966 |
Income before provision for income taxes |  |  | 225,243 |  |  |  | 11,158 |  |  |  | 236,401 |
Provision for income taxes |  |  | 41,945 |  |  |  | 2,343 |  |  |  | 44,288 |
Net income |  |  | 183,298 |  |  |  | 8,815 |  |  |  | 192,113 |
Preferred stock dividends |  |  | 10,125 |  |  |  | — |  |  |  | 10,125 |
Net income available to common shareholders |  | $ | 173,173 |  |  | $ | 8,815 |  |  | $ | 181,988 |
For the Year Ended December 31, 2021 |  |  |  |  |  |  |  |  |
Interest and dividend income |  | $ | 484,967 |  |  | $ | — |  |  | $ | 484,967 |
Interest expense |  |  | 27,034 |  |  |  | — |  |  |  | 27,034 |
Net interest income |  |  | 457,933 |  |  |  | — |  |  |  | 457,933 |
Provision for credit losses |  |  | (64,274 | ) |  |  | — |  |  |  | (64,274 | )
Net interest income after provision for credit losses |  |  | 522,207 |  |  |  | — |  |  |  | 522,207 |
Non-interest income |  |  | 103,274 |  |  |  | 29,511 |  |  |  | 132,785 |
Non-interest expense |  |  | 336,766 |  |  |  | 16,377 |  |  |  | 353,143 |
Income before provision for income taxes |  |  | 288,715 |  |  |  | 13,134 |  |  |  | 301,849 |
Provision for income taxes |  |  | 56,831 |  |  |  | 2,758 |  |  |  | 59,589 |
Net income |  |  | 231,884 |  |  |  | 10,376 |  |  |  | 242,260 |
Preferred stock dividends |  |  | 10,125 |  |  |  | — |  |  |  | 10,125 |
Net income available to common shareholders |  | $ | 221,759 |  |  | $ | 10,376 |  |  | $ | 232,135 |
For the Year Ended December 31, 2020 |  |  |  |  |  |  |  |  |
Interest and dividend income |  | $ | 541,277 |  |  | $ | — |  |  | $ | 541,277 |
Interest expense |  |  | 61,797 |  |  |  | — |  |  |  | 61,797 |
Net interest income |  |  | 479,480 |  |  |  | — |  |  |  | 479,480 |
Provision for credit losses |  |  | 107,741 |  |  |  | — |  |  |  | 107,741 |
Net interest income after provision for credit losses |  |  | 371,739 |  |  |  | — |  |  |  | 371,739 |
Non-interest income |  |  | 101,850 |  |  |  | 26,335 |  |  |  | 128,185 |
Non-interest expense |  |  | 338,526 |  |  |  | 16,319 |  |  |  | 354,845 |
Income before provision for income taxes |  |  | 135,063 |  |  |  | 10,016 |  |  |  | 145,079 |
Provision for income taxes |  |  | 20,932 |  |  |  | 2,103 |  |  |  | 23,035 |
Net income |  |  | 114,131 |  |  |  | 7,913 |  |  |  | 122,044 |
Preferred stock dividends |  |  | 2,644 |  |  |  | — |  |  |  | 2,644 |
Net income available to common shareholders |  | $ | 111,487 |  |  | $ | 7,913 |  |  | $ | 119,400 |

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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 -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
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