| 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, 2018: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest income |
|
$ |
43,319 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
43,319 |
|
|
Interest expense |
|
|
8,520 |
|
|
|
— |
|
|
|
531 |
|
|
|
9,051 |
|
|
Net interest income |
|
|
34,799 |
|
|
|
— |
|
|
|
(531 |
) |
|
|
34,268 |
|
|
Provision for loan losses |
|
|
1,688 |
|
|
|
— |
|
|
|
— |
|
|
|
1,688 |
|
|
Noninterest income |
|
|
2,557 |
|
|
|
6,414 |
|
|
|
11 |
|
|
|
8,982 |
|
|
Noninterest expense |
|
|
21,811 |
|
|
|
5,817 |
|
|
|
1,360 |
|
|
|
28,988 |
|
|
Income (loss) before taxes on income |
|
$ |
13,857 |
|
|
$ |
597 |
|
|
$ |
(1,880 |
) |
|
$ |
12,574 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
|
|