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Segment Information (Tables)
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Summary of Segment Information
The following is a summary of certain operating information for reportable segments:
 
Three months ended
 
$ Change in
Contribution
 
% Change  in
Contribution
(Dollars in thousands)
September 30,
2020
 
September 30,
2019
 
Net interest income:
 
 
 
 
 
 
 
Community Banking
$
196,803

 
$
209,912

 
$
(13,109
)
 
(6
)%
Specialty Finance
46,454

 
42,138

 
4,316

 
10

Wealth Management
6,894

 
7,290

 
(396
)
 
(5
)
Total Operating Segments
250,151

 
259,340

 
(9,189
)
 
(4
)
Intersegment Eliminations
5,785

 
5,512

 
273

 
5

Consolidated net interest income
$
255,936

 
$
264,852

 
$
(8,916
)
 
(3
)%
Non-interest income:
 
 
 
 
 
 
 
Community Banking
$
136,996

 
$
82,870

 
$
54,126

 
65
 %
Specialty Finance
21,409

 
20,003

 
1,406

 
7

Wealth Management
26,152

 
24,422

 
1,730

 
7

Total Operating Segments
184,557

 
127,295

 
57,262

 
45

Intersegment Eliminations
(13,964
)
 
(12,158
)
 
(1,806
)
 
15

Consolidated non-interest income
$
170,593

 
$
115,137

 
$
55,456

 
48
 %
Net revenue:
 
 
 
 
 
 
 
Community Banking
$
333,799

 
$
292,782

 
$
41,017

 
14
 %
Specialty Finance
67,863

 
62,141

 
5,722

 
9

Wealth Management
33,046

 
31,712

 
1,334

 
4

Total Operating Segments
434,708

 
386,635

 
48,073

 
12

Intersegment Eliminations
(8,179
)
 
(6,646
)
 
(1,533
)
 
23

Consolidated net revenue
$
426,529

 
$
379,989

 
$
46,540

 
12
 %
Segment profit:
 
 
 
 
 
 
 
Community Banking
$
70,584

 
$
68,792

 
$
1,792

 
3
 %
Specialty Finance
29,859

 
24,241

 
5,618

 
23

Wealth Management
6,872

 
6,088

 
784

 
13

Consolidated net income
$
107,315

 
$
99,121

 
$
8,194

 
8
 %
Segment assets:
 
 
 
 
 
 
 
Community Banking
$
35,729,021

 
$
28,092,785

 
$
7,636,236

 
27
 %
Specialty Finance
6,732,765

 
5,739,798

 
992,967

 
17

Wealth Management
1,269,932

 
1,079,319

 
190,613

 
18

Consolidated total assets
$
43,731,718

 
$
34,911,902

 
$
8,819,816

 
25
 %
 
Nine months ended
 
$ Change in
Contribution
 
% Change  in
Contribution
(Dollars in thousands)
September 30,
2020
 
September 30,
2019
 
Net interest income:
 
 
 
 
 
 
 
Community Banking
$
609,316

 
$
635,645

 
$
(26,329
)
 
(4
)%
Specialty Finance
129,581

 
119,241

 
10,340

 
9

Wealth Management
23,272

 
21,728

 
1,544

 
7

Total Operating Segments
762,169

 
776,614

 
(14,445
)
 
(2
)
Intersegment Eliminations
18,341

 
16,426

 
1,915

 
12

Consolidated net interest income
$
780,510

 
$
793,040

 
$
(12,530
)
 
(2
)%
Non-interest income:
 
 
 
 
 
 
 
Community Banking
$
347,697

 
$
196,507

 
$
151,190

 
77
 %
Specialty Finance
64,548

 
59,188

 
5,360

 
9

Wealth Management
74,747

 
74,407

 
340

 

Total Operating Segments
486,992

 
330,102

 
156,890

 
48

Intersegment Eliminations
(41,164
)
 
(35,150
)
 
(6,014
)
 
17

Consolidated non-interest income
$
445,828

 
$
294,952

 
$
150,876

 
51
 %
Net revenue:
 
 
 
 
 
 
 
Community Banking
$
957,013

 
$
832,152

 
$
124,861

 
15
 %
Specialty Finance
194,129

 
178,429

 
15,700

 
9

Wealth Management
98,019

 
96,135

 
1,884

 
2

Total Operating Segments
1,249,161

 
1,106,716

 
142,445

 
13

Intersegment Eliminations
(22,823
)
 
(18,724
)
 
(4,099
)
 
22

Consolidated net revenue
$
1,226,338

 
$
1,087,992

 
$
138,346

 
13
 %
Segment profit:
 
 
 
 
 
 
 
Community Banking
$
97,858

 
$
182,553

 
$
(84,695
)
 
(46
)%
Specialty Finance
74,680

 
67,218

 
7,462

 
11

Wealth Management
19,248

 
19,962

 
(714
)
 
(4
)
Consolidated net income
$
191,786

 
$
269,733

 
$
(77,947
)
 
(29
)%