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Segment Reporting
 12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Segment Reporting

(20.) SEGMENT REPORTING

The Company has two reportable operating segments, banking and insurance, which are delineated by the consolidated subsidiaries of Financial Institutions, Inc. The banking segment includes all of the Company's retail and commercial banking operations. The insurance segment includes the activities of SDN, a full service insurance agency that provides a broad range of insurance services to both personal and business clients. The Company operated as one business segment until the acquisition of SDN on August 1, 2014, at which time the new "Insurance" segment was created for financial reporting purposes. Holding company amounts are the primary differences between segment amounts and consolidated totals, and are reflected in the Holding Company and Other column below, along with amounts to eliminate balances and transactions between segments.

The following tables present information regarding our business segments as of and for the periods indicated (in thousands).

  December 31, 2014
            Holding    
          Company and    Consolidated
    Banking   Insurance   Other   Totals
Goodwill $ 48,536 $ 12,617 $ - $ 61,153
Other intangible assets, net   1,125   6,361   -   7,486
Total assets(1)   3,065,109   20,368   4,044   3,089,521

 

          Year ended December 31, 2014        
              Holding         
              Company and      Consolidated  
    Banking     Insurance(1)   Other      Totals  
Net interest income $ 93,774   $ -   $ -   $ 93,774  
Provision for loan losses   (7,789 )   -     -     (7,789 )
Noninterest income   23,602     2,073     (325 )   25,350  
Noninterest expense   (67,857 )   (1,877 )   (2,621 )   (72,355 )
Income (loss) before income taxes   41,730     196     (2,946 )   38,980  
Income tax (expense) benefit   (10,735 )   (9 )   1,119     (9,625 )
Net income (loss) $ 30,995   $ 187   $ (1,827 ) $ 29,355  

 

(1) Reflects activity from SDN since August 1, 2014, the date of acquisition.