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Segment Information (Tables)
9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Schedule of Operating Information for Reportable Segments
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,
2023
September 30,
2022
Net interest income:
Community Banking$360,575 $319,929 $40,646 13 %
Specialty Finance85,427 64,122 21,305 33 
Wealth Management7,997 9,585 (1,588)(17)
Total Operating Segments453,999 393,636 60,363 15 
Intersegment Eliminations8,359 7,812 547 
Consolidated net interest income$462,358 $401,448 $60,910 15 %
Provision for credit losses:
Community Banking$16,742 $3,608 $13,134 NM
Specialty Finance3,181 2,812 369 13 
Wealth Management — — — 
Total Operating Segments19,923 6,420 13,503 NM
Intersegment Eliminations — — — 
Consolidated provision for credit losses$19,923 $6,420 $13,503 NM
Non-interest income:
Community Banking$70,536 $60,615 $9,921 16 %
Specialty Finance20,793 23,784 (2,991)(13)
Wealth Management37,312 32,452 4,860 15 
Total Operating Segments128,641 116,851 11,790 10 
Intersegment Eliminations(16,163)(15,369)(794)
Consolidated non-interest income$112,478 $101,482 $10,996 11 %
Net revenue:
Community Banking$431,111 $380,544 $50,567 13 %
Specialty Finance106,220 87,906 18,314 21 
Wealth Management45,309 42,037 3,272 
Total Operating Segments582,640 510,487 72,153 14 
Intersegment Eliminations(7,804)(7,557)(247)
Consolidated net revenue$574,836 $502,930 $71,906 14 %
Segment profit:
Community Banking$115,156 $104,668 $10,488 10 %
Specialty Finance40,548 27,187 13,361 49 
Wealth Management8,494 11,106 (2,612)(24)
Consolidated net income$164,198 $142,961 $21,237 15 %
Segment assets:
Community Banking$43,801,560 $41,193,521 $2,608,039 %
Specialty Finance10,521,547 9,450,977 1,070,570 11 
Wealth Management1,232,139 1,738,441 (506,302)(29)
Consolidated total assets$55,555,246 $52,382,939 $3,172,307 %
NM - Not meaningful
Nine Months Ended$ Change in
Contribution
% Change  in
Contribution
(Dollars in thousands)September 30,
2023
September 30,
2022
Net interest income:
Community Banking$1,076,655 $810,270 $266,385 33 %
Specialty Finance240,771 178,210 62,561 35 
Wealth Management24,356 27,495 (3,139)(11)
Total Operating Segments1,341,782 1,015,975 325,807 32 
Intersegment Eliminations26,108 22,571 3,537 16 
Consolidated net interest income$1,367,890 $1,038,546 $329,344 32 %
Provision for credit losses:
Community Banking$64,554 $27,951 $36,603 NM
Specialty Finance6,928 2,992 3,936 NM
Wealth Management — — — 
Total Operating Segments71,482 30,943 40,539 NM
Intersegment Eliminations — — — 
Consolidated provision for credit losses$71,482 $30,943 $40,539 NM
Non-interest income:
Community Banking$207,399 $245,217 $(37,818)(15)%
Specialty Finance78,320 72,898 5,422 
Wealth Management101,000 93,256 7,744 
Total Operating Segments386,719 411,371 (24,652)(6)
Intersegment Eliminations(53,442)(44,157)(9,285)21 
Consolidated non-interest income$333,277 $367,214 $(33,937)(9)%
Net revenue:
Community Banking$1,284,054 $1,055,487 $228,567 22 %
Specialty Finance319,091 251,108 67,983 27 
Wealth Management125,356 120,751 4,605 
Total Operating Segments1,728,501 1,427,346 301,155 21 
Intersegment Eliminations(27,334)(21,586)(5,748)27 
Consolidated net revenue$1,701,167 $1,405,760 $295,407 21 %
Segment profit:
Community Banking$351,905 $249,414 $102,491 41 %
Specialty Finance123,687 87,349 36,338 42 
Wealth Management23,554 28,102 (4,548)(16)
Consolidated net income$499,146 $364,865 $134,281 37 %
NM - Not meaningful