Business Segments (Tables)

6 Months Ended

Jun. 30, 2014

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Following are the results of operations and the selected financial information by operating segment for the quarters and six-month periods ended June 30, 2014 and 2013:

	Quarter Ended June 30, 2014
			Wealth				Total Major				Consolidated
	Banking		Management		Treasury		Segments		Eliminations		Total
	(In thousands)
Interest income	$	112,971	$	46	$	12,883	$	125,900	$	-	$	125,900
Interest expense		(10,828)		-		(8,994)		(19,822)		-		(19,822)
Net interest income		102,143		46		3,889		106,078		-		106,078
Provision for non-covered loan and lease losses		(13,220)		-		-		(13,220)		-		(13,220)
Provision for covered loan and lease losses		(1,595)		-		-		(1,595)		-		(1,595)
Non-interest income (loss)		(6,507)		7,502		(488)		507		-		507
Non-interest expenses		(49,651)		(6,367)		(3,830)		(59,848)		-		(59,848)
Intersegment revenue		435		-		-		435		(435)		-
Intersegment expenses		-		(327)		(108)		(435)		435		-
Income before income taxes	$	31,605	$	854	$	(537)	$	31,922	$	-	$	31,922
Total assets	$	6,508,432	$	25,345	$	2,089,516	$	8,623,293	$	(913,148)	$	7,710,145



	Quarter Ended June 30, 2013
			Wealth				Total Major				Consolidated
	Banking		Management		Treasury		Segments		Eliminations		Total
	(In thousands)
Interest income	$	115,541	$	96	$	10,665	$	126,302	$	-	$	126,302
Interest expense		(9,840)		-		(10,167)		(20,007)		-		(20,007)
Net interest income		105,701		96		498		106,295		-		106,295
Provision for non-covered loan and lease losses		(37,527)		-		-		(37,527)		-		(37,527)
Provision for covered loan and lease losses		(1,211)		-		-		(1,211)		-		(1,211)
Non-interest income (loss)		(5,258)		8,100		3,893		6,735		-		6,735
Non-interest expenses		(57,783)		(6,650)		(4,254)		(68,687)		-		(68,687)
Intersegment revenue		579		-		-		579		(579)		-
Intersegment expenses		-		(485)		(94)		(579)		579		-
Income before income taxes	$	4,501	$	1,061	$	43	$	5,605	$	-	$	5,605
Total assets	$	6,746,902	$	39,960	$	2,527,039	$	9,313,901	$	(877,967)	$	8,435,934

	Six-Month Period Ended June 30, 2014
			Wealth				Total Major				Consolidated
	Banking		Management		Treasury		Segments		Eliminations		Total
	(In thousands)
Interest income	$	221,602	$	86	$	27,286	$	248,974	$	-	$	248,974
Interest expense		(18,344)		-		(21,154)		(39,498)		-		(39,498)
Net interest income		203,258		86		6,132		209,476		-		209,476
Provision for non-covered loan and lease losses		(23,282)		-		-		(23,282)		-		(23,282)
Provision for covered loan and lease losses, net		(3,224)		-		-		(3,224)		-		(3,224)
Non-interest income(loss)		(11,603)		14,024		3,315		5,736		-		5,736
Non-interest expenses		(103,198)		(11,146)		(6,908)		(121,252)		-		(121,252)
Intersegment revenue		979		-		-		979		(979)		-
Intersegment expenses		-		(759)		(220)		(979)		979		-
Income before income taxes	$	62,930	$	2,205	$	2,319	$	67,454	$	-	$	67,454



	Six-Month Period Ended June 30, 2013
			Wealth				Total Major				Consolidated
	Banking		Management		Treasury		Segments		Eliminations		Total
	(In thousands)
Interest income	$	217,609	$	182	$	22,683	$	240,474	$	-	$	240,474
Interest expense		(20,497)		-		(20,068)		(40,565)		-		(40,565)
Net interest income		197,112		182		2,615		199,909		-		199,909
Provision for non-covered loan and lease losses		(45,443)		-		-		(45,443)		-		(45,443)
Provision for covered loan and lease losses, net		(1,883)		-		-		(1,883)		-		(1,883)
Non-interest income(loss)		(3,193)		15,801		4,030		16,638		-		16,638
Non-interest expenses		(115,501)		(12,777)		(7,020)		(135,298)		-		(135,298)
Intersegment revenue		(624)		-		-		(624)		624		-
Intersegment expenses		-		(786)		1,410		624		(624)		-
Income before income taxes	$	30,468	$	2,420	$	1,035	$	33,923	$	-	$	33,923

- 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+ Details