v3.5.0.2
Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Key Operating Results of Business Segments

The following tables show key operating results for each of our business segments used to arrive at our consolidated totals for the following periods:

 

(dollars in thousands)

 

Banking

 

 

Wealth Management

 

 

Other

 

 

Total

 

Quarter ended September 30, 2016:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

26,004

 

 

$

 

 

$

 

 

$

26,004

 

Interest expense

 

 

2,841

 

 

 

 

 

 

 

 

 

2,841

 

Net interest income

 

 

23,163

 

 

 

 

 

 

 

 

 

23,163

 

Provision for loan losses

 

 

1,231

 

 

 

 

 

 

 

 

 

1,231

 

Noninterest income

 

 

9,923

 

 

 

5,319

 

 

 

(163

)

 

 

15,079

 

Noninterest expense

 

 

16,134

 

 

 

4,697

 

 

 

705

 

 

 

21,536

 

Income (loss) before taxes on income

 

$

15,721

 

 

$

622

 

 

$

(868

)

 

$

15,475

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter ended September 30, 2015:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

17,108

 

 

$

 

 

$

 

 

$

17,108

 

Interest expense

 

 

1,509

 

 

 

 

 

 

138

 

 

 

1,647

 

Net interest income

 

 

15,599

 

 

 

 

 

 

(138

)

 

 

15,461

 

Provision for loan losses

 

 

570

 

 

 

 

 

 

 

 

 

570

 

Noninterest income

 

 

1,839

 

 

 

5,171

 

 

 

(142

)

 

 

6,868

 

Noninterest expense

 

 

11,653

 

 

 

4,685

 

 

 

618

 

 

 

16,956

 

Income (loss) before taxes on income

 

$

5,215

 

 

$

486

 

 

$

(898

)

 

$

4,803

 

 

 

 

Banking

 

 

Wealth Management

 

 

Other

 

 

Total

 

Nine months ended September 30, 2016:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

72,275

 

 

$

 

 

$

 

 

$

72,275

 

Interest expense

 

 

7,830

 

 

 

 

 

 

 

 

 

7,830

 

Net interest income

 

 

64,445

 

 

 

 

 

 

 

 

 

64,445

 

Provision for loan losses

 

 

2,881

 

 

 

 

 

 

 

 

 

2,881

 

Noninterest income

 

 

11,505

 

 

 

15,917

 

 

 

(448

)

 

 

26,974

 

Noninterest expense

 

 

43,746

 

 

 

14,536

 

 

 

2,521

 

 

 

60,803

 

Income (loss) before taxes on income

 

$

29,323

 

 

$

1,381

 

 

$

(2,969

)

 

$

27,735

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended September 30, 2015:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

45,259

 

 

$

 

 

$

 

 

$

45,259

 

Interest expense

 

 

3,829

 

 

 

 

 

 

674

 

 

 

4,503

 

Net interest income

 

 

41,430

 

 

 

 

 

 

(674

)

 

 

40,756

 

Provision for loan losses

 

 

1,473

 

 

 

 

 

 

 

 

 

1,473

 

Noninterest income

 

 

4,501

 

 

 

15,426

 

 

 

(435

)

 

 

19,492

 

Noninterest expense

 

 

28,138

 

 

 

13,950

 

 

 

2,200

 

 

 

44,288

 

Income (loss) before taxes on income

 

$

16,320

 

 

$

1,476

 

 

$

(3,309

)

 

$

14,487