v3.21.2
SEGMENT REPORTING (Tables)
9 Months Ended
Sep. 30, 2021
SEGMENT REPORTING  
Key Operating Results of Business Segments

    

    

Wealth

    

    

(dollars in thousands)

Banking

Management

Other

Total

Three Months Ended September 30, 2021:

 

  

 

  

 

  

 

  

Interest income

$

61,989

$

$

$

61,989

Interest expense

 

2,753

 

 

49

 

2,802

Net interest income

 

59,236

 

 

(49)

 

59,187

Provision for credit losses

 

(417)

 

 

 

(417)

Noninterest income

 

23,202

 

7,857

 

(379)

 

30,680

Noninterest expense

 

31,488

 

6,338

 

568

 

38,394

Income (loss) before taxes on income

$

51,367

$

1,519

$

(996)

$

51,890

Three Months Ended September 30, 2020:

 

  

 

  

 

  

 

  

Interest income

$

61,691

$

$

$

61,691

Interest expense

 

10,024

 

 

50

 

10,074

Net interest income

 

51,667

 

 

(50)

 

51,617

Provision for credit losses

 

1,548

 

 

 

1,548

Noninterest income

 

17,976

 

6,020

 

(355)

 

23,641

Noninterest expense

 

24,949

 

5,166

 

480

 

30,595

Income (loss) before taxes on income

$

43,146

$

854

$

(885)

$

43,115

    

    

Wealth

    

    

(dollars in thousands)

Banking

Management

Other

Total

Nine Months Ended September 30, 2021:

 

  

 

  

 

  

 

  

Interest income

$

182,530

$

$

$

182,530

Interest expense

 

10,988

 

 

216

 

11,204

Net interest income

 

171,542

 

 

(216)

 

171,326

Provision for credit losses

 

(13)

 

 

 

(13)

Noninterest income

 

35,710

 

22,020

 

(1,107)

 

56,623

Noninterest expense

 

88,935

 

17,441

 

2,146

 

108,522

Income (loss) before taxes on income

$

118,330

$

4,579

$

(3,469)

$

119,440

Nine Months Ended September 30, 2020:

 

  

 

  

 

  

 

  

Interest income

$

185,961

$

$

$

185,961

Interest expense

 

40,899

 

 

130

 

41,029

Net interest income

 

145,062

 

 

(130)

 

144,932

Provision for credit losses

 

6,979

 

 

 

6,979

Noninterest income

 

26,270

 

18,139

 

(1,124)

 

43,285

Noninterest expense

 

76,235

 

16,735

 

1,434

 

94,404

Income (loss) before taxes on income

$

88,118

$

1,404

$

(2,688)

$

86,834