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Business Segments (Tables)
3 Months Ended
Mar. 31, 2020
Business Segments [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]

 

Quarter Ended March 31, 2020

 

 

 

 

Wealth

 

 

 

 

Total Major

 

 

 

 

Consolidated

 

Banking

 

Management

 

Treasury

 

Segments

 

Eliminations

 

Total

 

(In thousands)

Interest income

$

119,446

 

$

18

 

$

4,300

 

$

123,764

 

$

-

 

$

123,764

Interest expense

 

(15,889)

 

 

-

 

 

(2,707)

 

 

(18,596)

 

 

-

 

 

(18,596)

Net interest income

 

103,557

 

 

18

 

 

1,593

 

 

105,168

 

 

-

 

 

105,168

Provision for loan and lease losses, net

 

(47,131)

 

 

-

 

 

-

 

 

(47,131)

 

 

-

 

 

(47,131)

Non-interest income

 

19,477

 

 

7,375

 

 

4,531

 

 

31,383

 

 

-

 

 

31,383

Non-interest expenses

 

(82,545)

 

 

(3,724)

 

 

(1,053)

 

 

(87,322)

 

 

-

 

 

(87,322)

Intersegment revenue

 

457

 

 

-

 

 

-

 

 

457

 

 

(457)

 

 

-

Intersegment expenses

 

-

 

 

(154)

 

 

(303)

 

 

(457)

 

 

457

 

 

-

Income before income taxes

$

(6,185)

 

$

3,515

 

$

4,768

 

$

2,098

 

$

-

 

$

2,098

Income tax expense

 

(2,319)

 

 

1,318

 

 

1,298

 

 

297

 

 

-

 

 

297

Net income

$

(3,866)

 

$

2,197

 

$

3,470

 

$

1,801

 

$

-

 

$

1,801

Total assets

$

9,207,848

 

$

34,014

 

$

1,069,334

 

$

10,311,196

 

$

(1,072,625)

 

$

9,238,571

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended March 31, 2019

 

 

 

 

Wealth

 

 

 

 

Total Major

 

 

 

 

Consolidated

 

Banking

 

Management

 

Treasury

 

Segments

 

Eliminations

 

Total

 

(In thousands)

Interest income

$

83,516

 

$

18

 

$

11,176

 

$

94,710

 

$

-

 

$

94,710

Interest expense

 

(8,636)

 

 

-

 

 

(4,285)

 

 

(12,921)

 

 

-

 

 

(12,921)

Net interest income

 

74,880

 

 

18

 

 

6,891

 

 

81,789

 

 

-

 

 

81,789

Provision for loan and lease losses, net

 

(12,207)

 

 

-

 

 

(42)

 

 

(12,249)

 

 

-

 

 

(12,249)

Non-interest income

 

11,656

 

 

5,984

 

 

16

 

 

17,656

 

 

-

 

 

17,656

Non-interest expenses

 

(46,483)

 

 

(4,327)

 

 

(1,342)

 

 

(52,152)

 

 

-

 

 

(52,152)

Intersegment revenue

 

554

 

 

-

 

 

-

 

 

554

 

 

(554)

 

 

-

Intersegment expenses

 

-

 

 

(174)

 

 

(380)

 

 

(554)

 

 

554

 

 

-

Income before income taxes

$

28,400

 

$

1,501

 

$

5,143

 

$

35,044

 

$

-

 

$

35,044

Income tax expense

 

10,650

 

 

563

 

 

361

 

 

11,574

 

 

-

 

 

11,574

Net income

$

17,750

 

$

938

 

$

4,782

 

$

23,470

 

$

-

 

$

23,470

Total assets

$

5,862,487

 

$

25,425

 

$

1,742,557

 

$

7,630,469

 

$

(1,027,278)

 

$

6,603,191