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SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Schedule of segment profits (losses) and assets
Segment profits and assets are provided in the following table for the periods indicated.

(dollars in thousands)
Banking
Operations
 
Treasury
 
All Others
 
Total
Three Months Ended September 30, 2018
 

 
 

 
 

 
 

Net interest income
$
38,872

 
$
4,453

 
$

 
$
43,325

Inter-segment net interest income (expense)
7,524

 
(4,327
)
 
(3,197
)
 

Credit (provision) for loan and lease losses
59

 

 

 
59

Other operating income:
 
 
 
 
 
 
 
Mortgage banking income
1,173

 

 
750

 
1,923

Service charges on deposit accounts
2,189

 

 

 
2,189

Other service charges and fees
1,318

 
8

 
1,960

 
3,286

Income from fiduciary activities
1,159

 

 

 
1,159

Equity in earnings of unconsolidated subsidiaries
71

 

 

 
71

Fees on foreign exchange
22

 
198

 

 
220

Income from bank-owned life insurance

 
1,055

 

 
1,055

Loan placement fees
115

 

 

 
115

Other
448

 
58

 
296

 
802

Other operating income
6,495

 
1,319

 
3,006

 
10,820

Other operating expense
(16,265
)
 
(335
)
 
(17,539
)
 
(34,139
)
Administrative and overhead expense allocation
(15,481
)
 
(206
)
 
15,687

 

Income before taxes
21,204

 
904

 
(2,043
)
 
20,065

Income tax (expense) benefit
(5,128
)
 
(215
)
 
471

 
(4,872
)
Net income (loss)
$
16,076

 
$
689

 
$
(1,572
)
 
$
15,193


(dollars in thousands)
Banking
Operations
 
Treasury
 
All Others
 
Total
Three Months Ended September 30, 2017
 

 
 

 
 

 
 

Net interest income
$
35,191

 
$
6,804

 
$

 
$
41,995

Inter-segment net interest income (expense)
8,530

 
(6,299
)
 
(2,231
)
 

Credit (provision) for loan and lease losses
126

 

 

 
126

Other operating income:
 
 
 
 
 
 
 
Mortgage banking income
684

 

 
847

 
1,531

Service charges on deposit accounts
2,182

 

 

 
2,182

Other service charges and fees
1,303

 

 
1,882

 
3,185

Income from fiduciary activities
911

 

 

 
911

Equity in earnings of unconsolidated subsidiaries
176

 

 

 
176

Fees on foreign exchange
23

 
78

 


 
101

Income from bank-owned life insurance

 
1,074

 

 
1,074

Loan placement fees
86

 

 

 
86

Net gain (loss) sale of foreclosed assets

 

 
19

 
19

Other
140

 
7

 
157

 
304

Other operating income
5,505

 
1,159

 
2,905

 
9,569

Other operating expense
(15,242
)
 
(338
)
 
(17,931
)
 
(33,511
)
Administrative and overhead expense allocation
(15,635
)
 
(311
)
 
15,946

 

Income before taxes
18,475

 
1,015

 
(1,311
)
 
18,179

Income tax (expense) benefit
(6,470
)
 
(360
)
 
463

 
(6,367
)
Net income (loss)
$
12,005

 
$
655

 
$
(848
)
 
$
11,812


(dollars in thousands)
Banking
Operations
 
Treasury
 
All Others
 
Total
Nine Months Ended September 30, 2018
 

 
 

 
 

 
 

Net interest income
$
112,295

 
$
16,024

 
$

 
$
128,319

Inter-segment net interest income (expense)
21,360

 
(14,717
)
 
(6,643
)
 

Credit (provision) for loan and lease losses
(262
)
 

 

 
(262
)
Other operating income:
 
 
 
 
 
 
 
Mortgage banking income
3,089

 

 
2,456

 
5,545

Service charges on deposit accounts
6,169

 

 

 
6,169

Other service charges and fees
3,748

 
22

 
5,927

 
9,697

Income from fiduciary activities
3,132

 

 

 
3,132

Equity in earnings of unconsolidated subsidiaries
151

 

 

 
151

Fees on foreign exchange
75

 
633

 

 
708

Income from bank-owned life insurance

 
1,874

 

 
1,874

Loan placement fees
532

 

 

 
532

Other
803

 
60

 
733

 
1,596

Other operating income
17,699

 
2,589

 
9,116

 
29,404

Other operating expense
(47,967
)
 
(1,078
)
 
(52,336
)
 
(101,381
)
Administrative and overhead expense allocation
(45,594
)
 
(652
)
 
46,246

 

Income before taxes
57,531

 
2,166

 
(3,617
)
 
56,080

Income tax (expense) benefit
(12,707
)
 
(478
)
 
799

 
(12,386
)
Net income (loss)
$
44,824

 
$
1,688

 
$
(2,818
)
 
$
43,694

 
 
 
 
 
 
 
 

(dollars in thousands)
Banking
Operations
 
Treasury
 
All Others
 
Total
Nine Months Ended September 30, 2017
 

 
 

 
 

 
 

Net interest income
$
103,839

 
$
21,040

 
$

 
$
124,879

Inter-segment net interest income (expense)
24,618

 
(18,828
)
 
(5,790
)
 

Credit (provision) for loan and lease losses
2,488

 

 

 
2,488

Other operating income:
 
 
 
 
 
 
 
Mortgage banking income
2,953

 

 
2,478

 
5,431

Service charges on deposit accounts
6,338

 

 

 
6,338

Other service charges and fees
3,288

 

 
5,698

 
8,986

Income from fiduciary activities
2,739

 

 

 
2,739

Equity in earnings of unconsolidated subsidiaries
388

 

 

 
388

Fees on foreign exchange
65

 
329

 

 
394

Investments securities gains (losses)

 
(1,640
)
 

 
(1,640
)
Income from bank-owned life insurance

 
2,774

 

 
2,774

Loan placement fees
366

 

 

 
366

Net gain (loss) sale of foreclosed assets

 

 
205

 
205

Other
936

 
24

 
512

 
1,472

Other operating income
17,073

 
1,487

 
8,893

 
27,453

Other operating expense
(45,095
)
 
(1,048
)
 
(51,163
)
 
(97,306
)
Administrative and overhead expense allocation
(44,360
)
 
(741
)
 
45,101

 

Income before taxes
58,563

 
1,910

 
(2,959
)
 
57,514

Income tax (expense) benefit
(20,974
)
 
(684
)
 
1,060

 
(20,598
)
Net income
$
37,589

 
$
1,226

 
$
(1,899
)
 
$
36,916

 
 
 
 
 
 
 
 

(dollars in thousands)
Banking
Operations
 
Treasury
 
All Others
 
Total
September 30, 2018
 
 
 
 
 
 
 
Investment securities
$

 
$
1,386,739

 
$

 
$
1,386,739

Loans and leases (including loans held for sale)
3,982,487

 

 

 
3,982,487

Other
40,814

 
237,043

 
81,557

 
359,414

Total assets
$
4,023,301

 
$
1,623,782

 
$
81,557

 
$
5,728,640



(dollars in thousands)
Banking
Operations
 
Treasury
 
All Others
 
Total
December 31, 2017
 
 
 
 
 
 
 
Investment securities
$

 
$
1,496,644

 
$

 
$
1,496,644

Loans and leases (including loans held for sale)
3,786,951

 

 

 
3,786,951

Other
42,243

 
228,608

 
69,262

 
340,113

Total assets
$
3,829,194

 
$
1,725,252

 
$
69,262

 
$
5,623,708