Segment Reporting

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

At December 31, 2016, the Corporation has three reportable business segments: Banking, Wealth Management and Insurance. The Corporation determines the segments based primarily upon product and service offerings, through the types of income generated and the regulatory environment. This is strategically how the Corporation operates and has positioned itself in the marketplace. Accordingly, significant operating decisions are based upon analysis of each of these segments. The parent holding company and intercompany eliminations are included in the "Other" segment.

The Corporation's Banking segment consists of commercial and consumer banking. The Wealth Management segment consists of investment advisory services, retirement plan services, trust, municipal pension services and broker/dealer services. The Insurance segment consists of commercial lines, personal lines, benefits and human resources consulting.

Each segment generates revenue from a variety of products and services it provides. Examples of products and services provided for each reportable segment are indicated below.

Ÿ	The Banking segment provides financial services to consumers, businesses and governmental units. These services include a full range of banking services such as deposit taking, loan origination and servicing, mortgage banking, other general banking services and equipment lease financing.
Ÿ	The Wealth Management segment offers trust and investment advisory services, guardian and custodian of employee benefits and other trust and brokerage services, as well as a registered investment advisory managing private investment accounts for both individuals and institutions.
Ÿ	The Insurance segment includes a full-service insurance brokerage agency offering commercial property and casualty insurance, group life and health coverage, employee benefit solutions, personal insurance lines and human resources consulting.

The accounting policies, used in the disclosure of the operating segments, are the same as those described in Note 1, “Summary of Significant Accounting Policies."

The following tables provide reportable segment-specific information and reconciliations to consolidated financial information for the years ended December 31, 2016, 2015 and 2014.

(Dollars in thousands)	Banking			Wealth Management		Insurance		Other			Consolidated
For the Year Ended December 31, 2016
Interest income	$	126,571		$	5	$	—	$	31		$	126,607
Interest expense	12,094			—		—		288			12,382
Net interest income	114,477			5		—		(257		)	114,225
Provision for loan and lease losses	4,821			—		—		—			4,821
Noninterest income	21,296			19,318		15,150		199			55,963
Intangible expenses	1,038			3,132		1,464		—			5,634
Acquisition-related and integration costs and restructuring charges	16,096			—		—		1,559			17,655
Other noninterest expense	84,089			12,980		11,924		9,699			118,692
Intersegment (revenue) expense*	(1,766		)	788		978		—			—
Income (expense) before income taxes	31,495			2,423		784		(11,316		)	23,386
Income tax expense (benefit)	6,510			857		348		(3,834		)	3,881
Net income (loss)	$	24,985		$	1,566	$	436	$	(7,482	)	$	19,505
Total assets	$	4,137,873		$	35,061	$	24,472	$	33,122		$	4,230,528
Capital expenditures	$	9,944		$	29	$	30	$	1,660		$	11,663
For the Year Ended December 31, 2015
Interest income	$	101,950		$	1	$	—	$	32		$	101,983
Interest expense	8,065			—		—		—			8,065
Net interest income	93,885			1		—		32			93,918
Provision for loan and lease losses	3,802			—		—		—			3,802
Noninterest income	18,934			18,874		14,396		221			52,425
Intangible expenses	293			410		1,864		—			2,567
Acquisition-related and integration costs and restructuring charges	1,992			—		—		2,187			4,179
Other noninterest expense	76,099			12,276		10,849		(455		)	98,769
Intersegment (revenue) expense*	(2,115		)	867		1,248		—			—
Income before income taxes	32,748			5,322		435		(1,479		)	37,026
Income taxes	7,693			2,054		164		(153		)	9,758
Net income	$	25,055		$	3,268	$	271	$	(1,326	)	$	27,268
Total assets	$	2,797,746		$	33,950	$	24,436	$	23,319		$	2,879,451
Capital expenditures	$	5,003		$	19	$	58	$	1,650		$	6,730
For the Year Ended December 31, 2014
Interest income	$	76,157		$	1	$	—	$	34		$	76,192
Interest expense	3,998			—		—		(2		)	3,996
Net interest income	72,159			1		—		36			72,196
Provision for loan and lease losses	3,607			—		—		—			3,607
Noninterest income	15,863			19,918		12,038		525			48,344
Intangible expenses	19			1,138		1,010		—			2,167
Acquisition-related and integration costs	285			—		59		934			1,278
Other noninterest expense	65,008			11,752		9,139		(2,090		)	83,809
Intersegment (revenue) expense*	(2,192		)	965		1,227		—			—
Income before income taxes	21,295			6,064		603		1,717			29,679
Income taxes	4,043			2,269		256		880			7,448
Net income	$	17,252		$	3,795	$	347	$	837		$	22,231
Capital expenditures	$	5,607		$	73	$	116	$	144		$	5,940

*Includes an allocation of general and administrative expenses from both the parent holding company and the Bank. Generally speaking, these expenses are allocated based upon number of employees and square footage utilized.