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Segment reporting (Tables) | 9 Months Ended
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Sep. 30, 2020
Segment Reporting [Abstract] |
Schedule of Segment Financial Information | The following tables provide segment financial information for the three and nine months ended September 30, 2020 and 2019 as follows:
Three Months Ended September 30, 2020 |  | Banking |  | Mortgage |  | Consolidated
Net interest income |  | $ | 68,791 |  |  | $ | 37 |  |  | $ | 68,828 |
Provisions for credit losses(1) |  | 55,401 |  |  | — |  |  | 55,401 |
Mortgage banking income |  | 24,683 |  |  | 67,443 |  |  | 92,126 |
Change in fair value of mortgage servicing rights, net of hedging(2) |  | — |  |  | (7,440) |  |  | (7,440) |
Other noninterest income |  | 12,340 |  |  | — |  |  | 12,340 |
Depreciation and amortization |  | 1,550 |  |  | 143 |  |  | 1,693 |
Amortization of intangibles |  | 1,417 |  |  | — |  |  | 1,417 |
Other noninterest mortgage banking expense |  | 15,175 |  |  | 29,909 |  |  | 45,084 |
Other noninterest expense(3) |  | 69,568 |  |  | 330 |  |  | 69,898 |
(Loss) income before income taxes |  | $ | (37,297) |  |  | $ | 29,658 |  |  | $ | (7,639) |
Income tax benefit |  |  |  |  |  | (2,040) |
Net loss |  |  |  |  |  | (5,599) |
Total assets |  | $ | 10,378,122 |  |  | $ | 632,316 |  |  | $ | 11,010,438 |
Goodwill |  | 236,086 |  |  | — |  |  | 236,086 |
(1)Included $9,567 in provision for credit losses on unfunded commitments. (2)Included in mortgage banking income in the Company's consolidated statements of income. (3)Included $20,400 of merger costs in the Banking segment related to the acquisition and integration of Franklin, and $330 of merger costs in the Mortgage segment related to the Franklin merger.
Three Months Ended September 30, 2019 |  | Banking |  | Mortgage |  | Consolidated
Net interest income |  | $ | 58,350 |  |  | $ | (45) |  |  | $ | 58,305 |
Provision for credit losses |  | 1,831 |  |  | — |  |  | 1,831 |
Mortgage banking income |  | 10,693 |  |  | 23,591 |  |  | 34,284 |
Change in fair value of mortgage servicing rights, net of hedging(1) |  | — |  |  | (5,091) |  |  | (5,091) |
Other noninterest income |  | 8,952 |  |  | — |  |  | 8,952 |
Depreciation and amortization |  | 1,255 |  |  | 125 |  |  | 1,380 |
Amortization of intangibles |  | 1,197 |  |  | — |  |  | 1,197 |
Other noninterest mortgage banking expense |  | 8,087 |  |  | 15,561 |  |  | 23,648 |
Other noninterest expense(2) |  | 36,598 |  |  | 112 |  |  | 36,710 |
Income before income taxes |  | 29,027 |  |  | 2,657 |  |  | 31,684 |
Income tax expense |  |  |  |  |  | 7,718 |
Net income |  |  |  |  |  | 23,966 |
Total assets |  | $ | 5,730,492 |  |  | $ | 358,403 |  |  | $ | 6,088,895 |
Goodwill |  | 168,486 |  |  | — |  |  | 168,486 |
(1)Included in mortgage banking income in the Company's consolidated statements of income. (2)Included $295 in merger costs in the Banking segment related to the Atlantic Capital branch acquisition and $112 in mortgage restructuring charges in the Mortgage segment.
Nine Months Ended September 30, 2020 |  | Banking |  | Mortgage |  | Consolidated
Net interest income |  | $ | 180,374 |  |  | $ | 40 |  |  | $ | 180,414 |
Provision for credit losses(1) |  | 110,887 |  |  | — |  |  | 110,887 |
Mortgage banking income |  | 52,274 |  |  | 163,871 |  |  | 216,145 |
Change in fair value of mortgage servicing rights, net of hedging(2) |  | — |  |  | (26,546) |  |  | (26,546) |
Other noninterest income |  | 31,618 |  |  | — |  |  | 31,618 |
Depreciation and amortization |  | 4,545 |  |  | 379 |  |  | 4,924 |
Amortization of intangibles |  | 3,825 |  |  | — |  |  | 3,825 |
Other noninterest mortgage banking expense |  | 33,892 |  |  | 74,237 |  |  | 108,129 |
Other noninterest expense(3) |  | 150,022 |  |  | 330 |  |  | 150,352 |
(Loss) income before income taxes |  | $ | (38,905) |  |  | $ | 62,419 |  |  | $ | 23,514 |
Income tax expense |  |  |  |  |  | 5,495 |
Net income |  |  |  |  |  | $ | 18,019 |
Total assets |  | $ | 10,378,122 |  |  | $ | 632,316 |  |  | $ | 11,010,438 |
Goodwill |  | 236,086 |  |  | — |  |  | 236,086 |
(1)Included $13,050 in provision for credit losses on unfunded commitments. (2)Included in mortgage banking income in the Company's consolidated statements of income. (3)Included $25,036 of merger costs in the Banking segment related to the acquisition and integration of Farmers National and Franklin, and $330 of merger costs in the Mortgage segment related to the Franklin merger.
Nine Months Ended September 30, 2019 |  | Banking |  | Mortgage |  | Consolidated
Net interest income |  | $ | 168,322 |  |  | $ | 22 |  |  | $ | 168,344 |
Provision for credit losses |  | 4,103 |  |  | — |  |  | 4,103 |
Mortgage banking income |  | 20,530 |  |  | 64,982 |  |  | 85,512 |
Change in fair value of mortgage servicing rights, net of hedging(1) |  | — |  |  | (10,772) |  |  | (10,772) |
Other noninterest income |  | 25,423 |  |  | — |  |  | 25,423 |
Depreciation and amortization |  | 3,431 |  |  | 399 |  |  | 3,830 |
Amortization of intangibles |  | 3,180 |  |  | — |  |  | 3,180 |
Other noninterest mortgage banking expense |  | 15,090 |  |  | 50,608 |  |  | 65,698 |
Other noninterest expense(2) |  | 107,452 |  |  | 1,995 |  |  | 109,447 |
Income before income taxes |  | $ | 81,019 |  |  | $ | 1,230 |  |  | $ | 82,249 |
Income tax expense |  |  |  |  |  | 20,007 |
Net income |  |  |  |  |  | $ | 62,242 |
Total assets |  | $ | 5,730,492 |  |  | $ | 358,403 |  |  | $ | 6,088,895 |
Goodwill |  | 168,486 |  |  | — |  |  | 168,486 |
(1)Included in mortgage banking income in the Company's consolidated statements of income. (2)Includes $4,699 in merger costs in the Banking segment related to the Atlantic Capital branch acquisition and $1,995 in mortgage restructuring charges in the Mortgage segment.

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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=120311839&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=120311839&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=120311839&loc=d3e8906-108599 + Details
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