v3.8.0.1
Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2017
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, 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

34,877

 

 

$

1

 

 

$

 

 

$

34,878

 

Interest expense

 

 

6,210

 

 

 

 

 

 

228

 

 

 

6,438

 

Net interest income

 

 

28,667

 

 

 

1

 

 

 

(228

)

 

 

28,440

 

Provision for loan losses

 

 

701

 

 

 

 

 

 

 

 

 

701

 

Noninterest income

 

 

3,955

 

 

 

6,132

 

 

 

(224

)

 

 

9,863

 

Noninterest expense

 

 

17,333

 

 

 

5,096

 

 

 

964

 

 

 

23,393

 

Income (loss) before taxes on income

 

$

14,588

 

 

$

1,037

 

 

$

(1,416

)

 

$

14,209

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

Banking

 

 

Wealth Management

 

 

Other

 

 

Total

 

Nine months ended September 30, 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

98,889

 

 

$

1

 

 

$

 

 

$

98,890

 

Interest expense

 

 

16,062

 

 

 

 

 

 

435

 

 

 

16,497

 

Net interest income

 

 

82,827

 

 

 

1

 

 

 

(435

)

 

 

82,393

 

Provision for loan losses

 

 

1,862

 

 

 

 

 

 

 

 

 

1,862

 

Noninterest income

 

 

10,636

 

 

 

17,334

 

 

 

(627

)

 

 

27,343

 

Noninterest expense

 

 

51,506

 

 

 

15,328

 

 

 

3,481

 

 

 

70,315

 

Income (loss) before taxes on income

 

$

40,095

 

 

$

2,007

 

 

$

(4,543

)

 

$

37,559

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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