XML 30 R20.htm IDEA: XBRL DOCUMENT
v3.4.0.3

Segments | 3 Months Ended
--- | ---
Mar. 31, 2016
Segment Reporting [Abstract] |
Segments | We operate three reportable operating segments: Community Banking, Insurance and Wealth Management.
• | Our Community Banking segment offers services which include accepting time and demand deposits and originating commercial and consumer loans.
• | Our Insurance segment includes a full-service insurance agency offering commercial property and casualty insurance, group life and health coverage, employee benefit solutions and personal insurance lines.
• | Our Wealth Management segment offers discount brokerage services, services as executor and trustee under wills and deeds, guardian and custodian of employee benefits and other trust and brokerage services, as well as a registered investment advisor that manages private investment accounts for individuals and institutions.
The following table represents total assets by reportable operating segment as of the dates presented:
(dollars in thousands) | March 31, 2016 |  |  | December 31, 2015 |
Community Banking | $ | 6,467,331 |  |  | $ | 6,305,046 |
Insurance | 7,925 |  |  | 9,619 |
Wealth Management | 3,906 |  |  | 3,689 |
Total Assets | $ | 6,479,162 |  |  | $ | 6,318,354 |
The following tables provide financial information for our three operating segments for the three month periods ended March 31, 2016 and 2015. The financial results of the business segments include allocations for shared services based on an internal analysis that supports line of business and branch performance measurement. Shared services include expenses such as employee benefits, occupancy expense, computer support and other corporate overhead. Even with these allocations, the financial results are not necessarily indicative of the business segments’ financial condition and results of operations as if they existed as independent entities. The information provided under the caption “Eliminations” represents operations not considered to be reportable segments and/or general operating expenses and eliminations and adjustments, which are necessary for purposes of reconciling to the Consolidated Financial Statements.
| Three Months Ended March 31, 2016
(dollars in thousands) | Community Banking |  | Insurance |  | Wealth Management |  | Eliminations |  | Consolidated |
Interest income | $ | 55,016 |  | $ | 1 |  | $ | 128 |  | $ | (126 | ) | $ | 55,019 |
Interest expense | 5,438 |  | — |  | — |  | (56 | ) | 5,382 |
Net interest income | 49,578 |  | 1 |  | 128 |  | (70 | ) | 49,637 |
Provision for loan losses | 5,014 |  | — |  | — |  | — |  | 5,014 |
Noninterest income | 11,346 |  | 1,624 |  | 2,747 |  | 100 |  | 15,817 |
Noninterest expense | 33,169 |  | 1,254 |  | 2,305 |  | 30 |  | 36,758 |
Depreciation expense | 1,186 |  | 10 |  | 4 |  | — |  | 1,200 |
Amortization of intangible assets | 439 |  | 12 |  | 7 |  | — |  | 458 |
Provision for income taxes | 5,613 |  | 122 |  | 196 |  | — |  | 5,931 |
Net Income | $ | 15,503 |  | $ | 227 |  | $ | 363 |  | $ | — |  | $ | 16,093 |
| Three Months Ended March 31, 2015
(dollars in thousands) | Community Banking |  | Insurance |  | Wealth Management |  | Eliminations |  | Consolidated |
Interest income | $ | 43,887 |  | $ | — |  | $ | 140 |  | $ | (111 | ) | $ | 43,916 |
Interest expense | 3,889 |  | — |  | — |  | (232 | ) | 3,657 |
Net interest income | 39,998 |  | — |  | 140 |  | 121 |  | 40,259 |
Provision for loan losses | 1,207 |  | — |  | — |  | — |  | 1,207 |
Noninterest income | 7,537 |  | 1,553 |  | 2,916 |  | 78 |  | 12,084 |
Noninterest expense | 28,687 |  | 1,137 |  | 2,220 |  | 199 |  | 32,243 |
Depreciation expense | 1,011 |  | 12 |  | 7 |  | — |  | 1,030 |
Amortization of intangible assets | 326 |  | 13 |  | 9 |  | — |  | 348 |
Provision for income taxes | 4,256 |  | 137 |  | 287 |  | — |  | 4,680 |
Net Income | $ | 12,048 |  | $ | 254 |  | $ | 533 |  | $ | — |  | $ | 12,835 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration