| 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 March 31, 2017: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest income |
|
$ |
30,360 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
30,360 |
|
|
Interest expense |
|
|
4,277 |
|
|
|
— |
|
|
|
25 |
|
|
|
4,302 |
|
|
Net interest income |
|
|
26,083 |
|
|
|
— |
|
|
|
(25 |
) |
|
|
26,058 |
|
|
Provision for loan losses |
|
|
69 |
|
|
|
— |
|
|
|
— |
|
|
|
69 |
|
|
Noninterest income |
|
|
2,516 |
|
|
|
5,457 |
|
|
|
(190 |
) |
|
|
7,783 |
|
|
Noninterest expense |
|
|
18,331 |
|
|
|
5,190 |
|
|
|
1,188 |
|
|
|
24,709 |
|
|
Income (loss) before taxes on income |
|
$ |
10,199 |
|
|
$ |
267 |
|
|
$ |
(1,403 |
) |
|
$ |
9,063 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Quarter ended March 31, 2016: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest income |
|
$ |
21,698 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
21,698 |
|
|
Interest expense |
|
|
2,337 |
|
|
|
— |
|
|
|
— |
|
|
|
2,337 |
|
|
Net interest income |
|
|
19,361 |
|
|
|
— |
|
|
|
— |
|
|
|
19,361 |
|
|
Provision for loan losses |
|
|
400 |
|
|
|
— |
|
|
|
— |
|
|
|
400 |
|
|
Noninterest income |
|
|
1,752 |
|
|
|
5,376 |
|
|
|
(143 |
) |
|
|
6,985 |
|
|
Noninterest expense |
|
|
13,344 |
|
|
|
5,223 |
|
|
|
850 |
|
|
|
19,417 |
|
|
Income (loss) before taxes on income |
|
$ |
7,369 |
|
|
$ |
153 |
|
|
$ |
(993 |
) |
|
$ |
6,529 |
|
|