Segment Reporting Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2019

The following tables provide reportable segment-specific information and reconciliations to consolidated financial information for the years ended December 31, 2019, 2018 and 2017.


(Dollars in thousands)	Banking		Wealth Management		Insurance		Other		Consolidated
For the Year Ended December 31, 2019
Interest income	$	214,020	$	41	$	—	$	32	$	214,093
Interest expense	39,818		—		—		5,043		44,861
Net interest income (expense)	174,202		41		—		(5,011)		169,232
Provision for loan and lease losses	8,518		—		—		—		8,518
Noninterest income	23,748		23,946		17,318		410		65,422
Intangible expenses	884		415		296		—		1,595

Other noninterest expense	115,392		15,384		12,181		1,531		144,488
Intersegment (revenue) expense*	(1,204)		688		516		—		—
Income (expense) before income taxes	74,360		7,500		4,325		(6,132)		80,053
Income tax expense (benefit)	13,859		1,392		443		(1,360)		14,334
Net income (loss)	$	60,501	$	6,108	$	3,882	$	(4,772)	$	65,719
Total assets	$	5,282,505	$	44,591	$	34,291	$	19,537	$	5,380,924
Capital expenditures	$	1,886	$	84	$	104	$	372	$	2,446

For the Year Ended December 31, 2018
Interest income	$	190,425	$	32	$	—	$	31	$	190,488
Interest expense	27,383		—		—		5,043		32,426
Net interest income (expense)	163,042		32		—		(5,012)		158,062
Provision for loan and lease losses	20,310		—		—		—		20,310
Noninterest income	20,815		23,179		16,442		(263)		60,173
Intangible expenses	1,139		553		474		—		2,166
Restructuring charges	571		—		—		—		571
Other noninterest expense	106,947		14,845		12,419		291		134,502
Intersegment (revenue) expense*	(1,113)		612		501		—		—
Income (expense) before income taxes	56,003		7,201		3,048		(5,566)		60,686
Income tax expense (benefit)	9,085		1,913		752		(1,607)		10,143
Net income (loss)	$	46,918	$	5,288	$	2,296	$	(3,959)	$	50,543
Total assets	$	4,895,732	$	39,090	$	30,117	$	19,408	$	4,984,347
Capital expenditures	$	3,091	$	45	$	30	$	201	$	3,367

For the Year Ended December 31, 2017
Interest income	$	162,982	$	8	$	—	$	25	$	163,015
Interest expense	14,802		—		—		5,037		19,839
Net interest income (expense)	148,180		8		—		(5,012)		143,176
Provision for loan and lease losses	9,892		—		—		—		9,892
Noninterest income	21,838		21,707		15,320		375		59,240
Intangible expenses	1,507		674		401		—		2,582

Other noninterest expense	100,670		13,732		11,667		2,062		128,131
Intersegment (revenue) expense*	(1,059)		585		474		—		—
Income (expense) before income taxes	59,008		6,724		2,778		(6,699)		61,811
Income tax expense (benefit)	15,735		2,597		374		(989)		17,717
Net income (loss)	$	43,273	$	4,127	$	2,404	$	(5,710)	$	44,094
Capital expenditures	$	7,731	$	38	$	222	$	612	$	8,603

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