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Segment Reporting
 9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Segment Reporting

(14.) 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 the Company's business segments as of and for the periods indicated (in thousands).

          Holding    
          Company and   Consolidated
    Banking   Insurance Other   Totals
September 30, 2015                
Goodwill $ 48,536 $ 12,617 $ - $ 61,153
Other intangible assets, net   899   5,873   -   6,772
Total assets   3,336,234   20,520   854   3,357,608
 
December 31, 2014                
Goodwill $ 48,536 $ 12,617 $ - $ 61,153
Other intangible assets, net   1,125   6,361   -   7,486
Total assets   3,065,109   20,368 4,044   3,089,521

 

                Holding        
                Company and     Consolidated  
    Banking     Insurance     Other     Totals  
Three months ended September 30, 2015                        
Net interest income $ 24,748   $ -   $ (617 ) $ 24,131  
Provision for loan losses   (754 )   -     -     (754 )
Noninterest income   6,010     1,124     (129 )   7,005  
Noninterest expense   (17,679 )   (1,152 )   (487 )   (19,318 )
Income (loss) before income taxes   12,325     (28 )   (1,233 )   11,064  
Income tax (expense) benefit   (3,361 )   10     603     (2,748 )
Net income (loss) $ 8,964   $ (18 ) $ (630 ) $ 8,316  
 
Nine months ended September 30, 2015                        
Net interest income $ 71,814   $ -   $ (1,132 ) $ 70,682  
Provision for loan losses   (4,783 )   -     -     (4,783 )
Noninterest income   18,363     3,750     (356 )   21,757  
Noninterest expense   (52,626 )   (3,389 )   (1,550 )   (57,565 )
Income (loss) before income taxes   32,768     361     (3,038 )   30,091  
Income tax (expense) benefit   (9,417 )   (144 )   1,172     (8,389 )
Net income (loss) $ 23,351   $ 217   $ (1,866 ) $ 21,702  

 

                Holding        
                Company and     Consolidated  
    Banking     Insurance(1)     Other     Totals  
Three months ended September 30, 2014                        
Net interest income $ 23,258   $ -   $ -   $ 23,258  
Provision for loan losses   (2,015 )   -     -     (2,015 )
Noninterest income   6,684     670     (93 )   7,261  
Noninterest expense   (16,794 )   (640 )   (521 )   (17,955 )
Income (loss) before income taxes   11,133     30     (614 )   10,549  
Income tax (expense) benefit   (3,584 )   (12 )   231     (3,365 )
Net income (loss) $ 7,549   $ 18   $ (383 ) $ 7,184  
 
Nine months ended September 30, 2014                        
Net interest income $ 69,636   $ -   $ -   $ 69,636  
Provision for loan losses   (5,879 )   -     -     (5,879 )
Noninterest income   19,779     670     (254 )   20,195  
Noninterest expense   (50,315 )   (640 )   (2,021 )   (52,976 )
Income (loss) before income taxes   33,221     30     (2,275 )   30,976  
Income tax (expense) benefit   (10,480 )   (12 )   951     (9,541 )
 
Net income (loss) $ 22,741   $ 18   $ (1,324 ) $ 21,435  

 

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