XML 81 R67.htm IDEA: XBRL DOCUMENT v3.22.0.1
Business Segments (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
Following are the results of operations and the selected financial information by operating segment for the years ended December 31, 2021, 2020 and 2019:
Year Ended December 31, 2021
BankingWealth
Management
TreasuryTotal Major
Segments
EliminationsConsolidated
Total
(In thousands)
Interest income$435,530 $30 $13,639 $449,199 $— $449,199 
Interest expense(39,889)— (1,940)(41,829)— (41,829)
Net interest income395,641 30 11,699 407,370 — 407,370 
Provision (recapture) for credit losses1,342 — (1,121)221 — 221 
Non-interest income (loss)98,950 35,625 (1,365)133,210 — 133,210 
Non-interest expenses(300,568)(20,941)(4,247)(325,756)— (325,756)
Intersegment revenue2,355 — — 2,355 (2,355) 
Intersegment expenses— (1,269)(1,086)(2,355)2,355  
Income before income taxes$195,036 $13,445 $6,122 $214,603 $— $214,603 
Income tax expense68,409 — 43 68,452 — 68,452 
Net income$126,627 $13,445 $6,079 $146,151 $ $146,151 
Total assets$8,041,725 $32,082 $2,894,612 $10,968,419 $(1,068,699)$9,899,720 
Year Ended December 31, 2020
BankingWealth
Management
TreasuryTotal Major
Segments
EliminationsConsolidated
Total
(In thousands)
Interest income$462,493 $59 $10,795 $473,347 $— $473,347 
Interest expense(57,811)— (7,104)(64,915)— (64,915)
Net interest income404,682 59 3,691 408,432 — 408,432 
Provision for credit losses92,237 — 435 92,672 — 92,672 
Non-interest income87,810 32,043 4,499 124,352 — 124,352 
Non-interest expenses(320,997)(20,240)(4,049)(345,286)— (345,286)
Intersegment revenue2,443 — — 2,443 (2,443) 
Intersegment expenses— (1,164)(1,279)(2,443)2,443  
Income before income taxes$81,701 $10,698 $2,427 $94,826 $— $94,826 
Income tax expense15,939 4,506 54 20,499 — 20,499 
Net income$65,762 $6,192 $2,373 $74,327 $ $74,327 
Total assets$8,478,326 $32,893 $2,436,029 $10,947,248 $(1,121,237)$9,826,011 
Year Ended December 31, 2019
BankingWealth
Management
TreasuryTotal Major
Segments
EliminationsConsolidated
Total
(In thousands)
Interest income$337,448 $69 $36,278 $373,795 $— $373,795 
Interest expense(36,023)— (14,979)(51,002)— (51,002)
Net interest income301,425 69 21,299 322,793  322,793 
Provision for loan and lease losses96,504 — 288 96,792 — 96,792 
Non-interest income47,517 26,649 8,327 82,493 — 82,493 
Non-interest expenses(211,755)(17,163)(4,326)(233,244)— (233,244)
Intersegment revenue2,207 — — 2,207 (2,207)— 
Intersegment expenses— (652)(1,555)(2,207)2,207 — 
Income before income taxes$42,890 $8,903 $23,457 $75,250 $ $75,250 
Income tax expense16,084 3,339 1,986 21,409 — 21,409 
Net income$26,806 $5,564 $21,471 $53,841 $ $53,841 
Total assets$7,486,314 $33,369 $2,865,186 $10,384,869 $(1,087,208)$9,297,661