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Segment Information (Tables)
9 Months Ended
Sep. 30, 2021
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,
2021
September 30,
2020
Net interest income:
Community Banking$220,007 $196,803 $23,204 12 %
Specialty Finance52,659 46,454 6,205 13 
Wealth Management7,983 6,894 1,089 16 
Total Operating Segments280,649 250,151 30,498 12 
Intersegment Eliminations6,847 5,785 1,062 18 
Consolidated net interest income$287,496 $255,936 $31,560 12 %
Provision for credit losses:
Community Banking$(7,433)$23,342 $(30,775)NM
Specialty Finance(483)1,684 (2,167)NM
Wealth Management — — — %
Total Operating Segments(7,916)25,026 (32,942)NM
Intersegment Eliminations — — — 
Consolidated provision for credit losses$(7,916)$25,026 $(32,942)NM
Non-interest income:
Community Banking$94,292 $136,996 $(42,704)(31)%
Specialty Finance24,426 21,409 3,017 14 
Wealth Management33,557 26,152 7,405 28 
Total Operating Segments152,275 184,557 (32,282)(17)
Intersegment Eliminations(15,801)(13,964)(1,837)13 
Consolidated non-interest income$136,474 $170,593 $(34,119)(20)%
Net revenue:
Community Banking$314,299 $333,799 $(19,500)(6)%
Specialty Finance77,085 67,863 9,222 14 
Wealth Management41,540 33,046 8,494 26 
Total Operating Segments432,924 434,708 (1,784)
Intersegment Eliminations(8,954)(8,179)(775)
Consolidated net revenue$423,970 $426,529 $(2,559)(1)%
Segment profit:
Community Banking$68,790 $70,584 $(1,794)(3)%
Specialty Finance30,202 29,859 343 %
Wealth Management10,145 6,872 3,273 48 
Consolidated net income$109,137 $107,315 $1,822 %
Segment assets:
Community Banking$38,464,169 $35,729,021 $2,735,148 %
Specialty Finance7,918,933 6,732,765 1,186,168 18 
Wealth Management1,449,169 1,269,932 179,237 14 
Consolidated total assets$47,832,271 $43,731,718 $4,100,553 %
NM - Not meaningful
Nine Months Ended$ Change in
Contribution
% Change  in
Contribution
(Dollars in thousands)September 30,
2021
September 30,
2020
Net interest income:
Community Banking$643,175 $609,316 $33,859 %
Specialty Finance142,752 129,581 13,171 10 
Wealth Management23,197 23,272 (75)
Total Operating Segments809,124 762,169 46,955 
Intersegment Eliminations19,857 18,341 1,516 
Consolidated net interest income$828,981 $780,510 $48,471 %
Provision for credit losses:
Community Banking$(69,168)$207,168 $(276,336)NM
Specialty Finance606 5,872 (5,266)(90)%
Wealth Management — — — 
Total Operating Segments(68,562)213,040 (281,602)NM
Intersegment Eliminations — — — 
Consolidated provision for credit losses$(68,562)$213,040 $(281,602)NM
Non-interest income:
Community Banking$331,970 $347,697 $(15,727)(5)%
Specialty Finance69,999 64,548 5,451 
Wealth Management95,651 74,747 20,904 28 
Total Operating Segments497,620 486,992 10,628 
Intersegment Eliminations(45,267)(41,164)(4,103)10 
Consolidated non-interest income$452,353 $445,828 $6,525 %
Net revenue:
Community Banking$975,145 $957,013 $18,132 %
Specialty Finance212,751 194,129 18,622 10 
Wealth Management118,848 98,019 20,829 21 
Total Operating Segments1,306,744 1,249,161 57,583 
Intersegment Eliminations(25,410)(22,823)(2,587)11 
Consolidated net revenue$1,281,334 $1,226,338 $54,996 %
Segment profit:
Community Banking$263,343 $97,858 $165,485 NM
Specialty Finance77,955 74,680 3,275 %
Wealth Management26,096 19,248 6,848 36 
Consolidated net income$367,394 $191,786 $175,608 92 %
NM - Not meaningful