Segment Information (Tables)

3 Months Ended

Mar. 31, 2024

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)	March 31, 2024		March 31, 2023
Net interest income:
Community Banking	$	363,685	$	369,848	$	(6,163)	(2)	%
Specialty Finance	82,282		70,351		11,931		17
Wealth Management	7,758		8,955		(1,197)		(13)
Total Operating Segments	453,725		449,154		4,571		1
Intersegment Eliminations	10,469		8,841		1,628		18
Consolidated net interest income	$	464,194	$	457,995	$	6,199	1	%
Provision for credit losses:
Community Banking	$	20,392	$	21,099	$	(707)	(3)	%
Specialty Finance	1,281		1,946		(665)		(34)
Wealth Management	—		—		—		—
Total Operating Segments	21,673		23,045		(1,372)		(6)
Intersegment Eliminations	—		—		—		—
Consolidated provision for credit losses	$	21,673	$	23,045	$	(1,372)	(6)	%
Non-interest income:
Community Banking	$	74,636	$	68,733	$	5,903	9	%
Specialty Finance	27,317		25,790		1,527		6
Wealth Management	58,485		30,297		28,188		93
Total Operating Segments	160,438		124,820		35,618		29
Intersegment Eliminations	(19,858)		(17,051)		(2,807)		16
Consolidated non-interest income	$	140,580	$	107,769	$	32,811	30	%
Net revenue:
Community Banking	$	438,321	$	438,581	$	(260)	0	%
Specialty Finance	109,599		96,141		13,458		14
Wealth Management	66,243		39,252		26,991		69
Total Operating Segments	614,163		573,974		40,189		7
Intersegment Eliminations	(9,389)		(8,210)		(1,179)		14
Consolidated net revenue	$	604,774	$	565,764	$	39,010	7	%
Segment profit:
Community Banking	$	120,046	$	134,232	$	(14,186)	(11)	%
Specialty Finance	42,523		36,737		5,786		16
Wealth Management	24,725		9,229		15,496		168
Consolidated net income	$	187,294	$	180,198	$	7,096	4	%
Segment assets:
Community Banking	$	45,720,014	$	41,611,980	$	4,108,034	10	%
Specialty Finance	10,713,783		9,841,044		872,739		9
Wealth Management	1,143,136		1,420,487		(277,351)		(20)
Consolidated total assets	$	57,576,933	$	52,873,511	$	4,703,422	9	%

NM - Not meaningful