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Segment Reporting
 6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Segment Reporting

(13.) SEGMENT REPORTING

The Company has two reportable segments: Banking and Non-Banking. These reportable segments have been identified and organized based on the nature of the underlying products and services applicable to each segment, the type of customers to whom those products and services are offered and the distribution channel through which those products and services are made available.

The banking segment includes all of the Company's retail and commercial banking operations. The non-banking segment includes the activities of Scott Danahy Naylon, a full service insurance agency that provides a broad range of insurance services to both personal and business clients, and Courier Capital, an investment advisor and wealth management firm that provides customized investment management, investment consulting and retirement plan services to individuals, businesses, institutions, foundations and retirement plans. The Company operated as two business segments (banking and insurance) until the acquisition of Courier Capital on January 5, 2016, at which time the insurance segment was re-named as the non-banking segment to reflect the inclusion of Courier Capital which has similar products, services and reporting, as noted above. Holding company amounts primarily reflect the 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).

          Holding    
          Company and Consolidated
  Banking Non-Banking Other Totals
June 30, 2016                
Goodwill $ 48,536 $ 17,881 $ - $ 66,417
Other intangible assets, net   3,733   6,102   -   9,835
Total assets   3,553,354   30,315 1,920   3,585,589
 
December 31, 2015                
Goodwill $ 48,536 $ 11,866 $ - $ 60,402
Other intangible assets, net   829   5,715   -   6,544
Total assets   3,356,987   20,315  3,722   3,381,024

 

              Holding      
              Company and Consolidated
  Banking Non-Banking (1) Other Totals
Three months ended June 30, 2016                        
Net interest income (expense) $ 25,816   $ -   $ (617 ) $ 25,199  
Provision for loan losses   (1,952 )   -     -     (1,952 )
Noninterest income   6,944     2,050     (78 )   8,916  
Noninterest expense   (18,054 )   (1,764 )   (2,302 )   (22,120 )
Income (loss) before income taxes   12,754     286     (2,997 )   10,043  
Income tax (expense) benefit   (3,889 )   (112 )   1,109     (2,892 )
Net income (loss) $ 8,865   $ 174   $ (1,888 ) $ 7,151  
 
Six months ended June 30, 2016                        
Net interest income $ 51,153   $ -   $ (1,235 ) $ 49,918  
Provision for loan losses   (4,320 )   -     -     (4,320 )
Noninterest income   13,807     4,534     (208 )   18,133  
Noninterest expense   (36,399 )   (3,570 )   (3,369 )   (43,338 )
Income (loss) before income taxes   24,241     964     (4,812 )   20,393  
Income tax (expense) benefit   (6,990 )   (376 )   1,742     (5,624 )
Net income (loss) $ 17,251   $ 588   $ (3,070 ) $ 14,769  

 

              Holding      
              Company and Consolidated
  Banking Non-Banking Other Totals
Three months ended June 30, 2015                        
Net interest income $ 23,919   $ -   $ (515 ) $ 23,404  
Provision for loan losses   (1,288 )   -     -     (1,288 )
Noninterest income   5,522     1,033     (100 )   6,455  
Noninterest expense   (17,668 )   (1,050 )   (518 )   (19,236 )
Income (loss) before income taxes   10,485     (17 )   (1,133 )   9,335  
Income tax (expense) benefit   (3,107 )   5     352     (2,750 )
Net income (loss) $ 7,378   $ (12 ) $ (781 ) $ 6,585  
 
Six months ended June 30, 2015                        
Net interest income $ 47,066   $ -   $ (515 ) $ 46,551  
Provision for loan losses   (4,029 )   -     -     (4,029 )
Noninterest income   12,353     2,626     (227 )   14,752  
Noninterest expense   (34,947 )   (2,237 )   (1,063 )   (38,247 )
Income (loss) before income taxes   20,443     389     (1,805 )   19,027  
Income tax (expense) benefit   (6,056 )   (154 )   569     (5,641 )
Net income (loss) $ 14,387   $ 235   $ (1,236 ) $ 13,386  

 

(1)     
Includes activity from Courier Capital since January 5, 2016 (the date of acquisition).