XML 68 R57.htm IDEA: XBRL DOCUMENT v3.20.2
Business Segments (Tables)
 6 Months Ended
Jun. 30, 2020
Business Segments [Abstract]  
Schedule of Segment Reporting Information

 

Quarter Ended June 30, 2020

 

 

 

 

Wealth

 

 

 

 

Total Major

 

 

 

 

Consolidated

 

Banking

 

Management

 

Treasury

 

Segments

 

Eliminations

 

Total

 

(In thousands)

Interest income

$

119,722

 

$

14

 

$

1,956

 

$

121,692

 

$

-

 

$

121,692

Interest expense

 

(14,326)

 

 

-

 

 

(2,306)

 

 

(16,632)

 

 

-

 

 

(16,632)

Net interest income

 

105,396

 

 

14

 

 

(350)

 

 

105,060

 

 

-

 

 

105,060

Provision for loan and lease losses, net

 

(16,211)

 

 

-

 

 

(1,485)

 

 

(17,696)

 

 

-

 

 

(17,696)

Non-interest income

 

20,811

 

 

6,391

 

 

(50)

 

 

27,152

 

 

-

 

 

27,152

Non-interest expenses

 

(78,402)

 

 

(5,957)

 

 

(1,122)

 

 

(85,481)

 

 

-

 

 

(85,481)

Intersegment revenue

 

694

 

 

-

 

 

-

 

 

694

 

 

(694)

 

 

-

Intersegment expenses

 

-

 

 

(201)

 

 

(493)

 

 

(694)

 

 

694

 

 

-

Income before income taxes

$

32,288

 

$

247

 

$

(3,500)

 

$

29,035

 

$

-

 

$

29,035

Income tax expense

 

5,316

 

 

3,201

 

 

(1,269)

 

 

7,248

 

 

-

 

 

7,248

Net income

$

26,972

 

$

(2,954)

 

$

(2,231)

 

$

21,787

 

$

-

 

$

21,787

Total assets

$

9,462,407

 

$

30,214

 

$

1,524,913

 

$

11,017,534

 

$

(1,084,815)

 

$

9,932,719

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six-Month Period Ended June 30, 2020

 

 

 

 

Wealth

 

 

 

 

Total Major

 

 

 

 

Consolidated

 

Banking

 

Management

 

Treasury

 

Segments

 

Eliminations

 

Total

 

(In thousands)

Interest income

$

239,101

 

$

32

 

$

6,256

 

$

245,389

 

$

-

 

$

245,389

Interest expense

 

(30,215)

 

 

-

 

 

(5,013)

 

 

(35,228)

 

 

-

 

 

(35,228)

Net interest income

 

208,886

 

 

32

 

 

1,243

 

 

210,161

 

 

-

 

 

210,161

Provision for loan and lease losses, net

 

(63,334)

 

 

-

 

 

(1,493)

 

 

(64,827)

 

 

-

 

 

(64,827)

Non-interest income

 

40,355

 

 

13,766

 

 

4,481

 

 

58,602

 

 

-

 

 

58,602

Non-interest expenses

 

(160,955)

 

 

(9,681)

 

 

(2,167)

 

 

(172,803)

 

 

-

 

 

(172,803)

Intersegment revenue

 

1,151

 

 

-

 

 

-

 

 

1,151

 

 

(1,151)

 

 

-

Intersegment expenses

 

-

 

 

(355)

 

 

(796)

 

 

(1,151)

 

 

1,151

 

 

-

Income before income taxes

$

26,103

 

$

3,762

 

$

1,268

 

$

31,133

 

$

-

 

$

31,133

Income tax expense

 

2,997

 

 

4,519

 

 

29

 

 

7,545

 

 

-

 

 

7,545

Net income

$

23,106

 

$

(757)

 

$

1,239

 

$

23,588

 

$

-

 

$

23,588

Total assets

$

9,462,407

 

$

30,214

 

$

1,524,913

 

$

11,017,534

 

$

(1,084,815)

 

$

9,932,719

 

Quarter Ended June 30, 2019

 

 

 

 

Wealth

 

 

 

 

Total Major

 

 

 

 

Consolidated

 

Banking

 

Management

 

Treasury

 

Segments

 

Eliminations

 

Total

 

(In thousands)

Interest income

$

84,475

 

$

19

 

$

9,761

 

$

94,255

 

$

-

 

$

94,255

Interest expense

 

(9,187)

 

 

-

 

 

(3,983)

 

 

(13,170)

 

 

-

 

 

(13,170)

Net interest income

 

75,288

 

 

19

 

 

5,778

 

 

81,085

 

 

-

 

 

81,085

Provision for loan and lease losses, net

 

(17,675)

 

 

-

 

 

(30)

 

 

(17,705)

 

 

-

 

 

(17,705)

Non-interest income

 

11,330

 

 

6,834

 

 

4,784

 

 

22,948

 

 

-

 

 

22,948

Non-interest expenses

 

(46,346)

 

 

(3,898)

 

 

(1,208)

 

 

(51,452)

 

 

-

 

 

(51,452)

Intersegment revenue

 

587

 

 

-

 

 

-

 

 

587

 

 

(587)

 

 

-

Intersegment expenses

 

-

 

 

(165)

 

 

(422)

 

 

(587)

 

 

587

 

 

-

Income before income taxes

$

23,184

 

$

2,790

 

$

8,902

 

$

34,876

 

$

-

 

$

34,876

Income tax expense

 

9,042

 

 

1,088

 

 

767

 

 

10,897

 

 

-

 

 

10,897

Net income

$

14,142

 

$

1,702

 

$

8,135

 

$

23,979

 

$

-

 

$

23,979

Total assets

$

5,951,860

 

$

27,067

 

$

1,532,053

 

$

7,510,980

 

$

(1,046,853)

 

$

6,464,127

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six-Month Period Ended June 30, 2019

 

 

 

 

Wealth

 

 

 

 

Total Major

 

 

 

 

Consolidated

 

Banking

 

Management

 

Treasury

 

Segments

 

Eliminations

 

Total

 

(In thousands)

Interest income

$

167,991

 

$

37

 

$

20,937

 

$

188,965

 

$

-

 

$

188,965

Interest expense

 

(17,823)

 

 

-

 

 

(8,268)

 

 

(26,091)

 

 

-

 

 

(26,091)

Net interest income

 

150,168

 

 

37

 

 

12,669

 

 

162,874

 

 

-

 

 

162,874

Provision for loan and lease losses, net

 

(29,882)

 

 

-

 

 

(72)

 

 

(29,954)

 

 

-

 

 

(29,954)

Non-interest income

 

22,986

 

 

12,818

 

 

4,800

 

 

40,604

 

 

-

 

 

40,604

Non-interest expenses

 

(92,829)

 

 

(8,225)

 

 

(2,550)

 

 

(103,604)

 

 

-

 

 

(103,604)

Intersegment revenue

 

1,141

 

 

-

 

 

-

 

 

1,141

 

 

(1,141)

 

 

-

Intersegment expenses

 

-

 

 

(339)

 

 

(802)

 

 

(1,141)

 

 

1,141

 

 

-

Income before income taxes

$

51,584

 

$

4,291

 

$

14,045

 

$

69,920

 

$

-

 

$

69,920

Income tax expense

 

19,344

 

 

1,609

 

 

1,518

 

 

22,471

 

 

-

 

 

22,471

Net income

$

32,240

 

$

2,682

 

$

12,527

 

$

47,449

 

$

-

 

$

47,449

Total assets

$

5,951,860

 

$

27,067

 

$

1,532,053

 

$

7,510,980

 

$

(1,046,853)

 

$

6,464,127