Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2020

The following table provides total assets by reportable business segment as of the dates indicated.


(Dollars in thousands)	At June 30, 2020		At December 31, 2019		At June 30, 2019
Banking	$	6,024,054	$	5,282,505	$	5,059,733
Wealth Management	46,141		44,591		42,024
Insurance	34,574		34,291		32,256
Other	20,543		19,537		20,285
Consolidated assets	$	6,125,312	$	5,380,924	$	5,154,298

The following tables provide reportable segment-specific information and reconciliations to consolidated financial information for the three and six months ended June 30, 2020 and 2019.


	Three Months Ended
	June 30, 2020
(Dollars in thousands)	Banking		Wealth Management		Insurance		Other		Consolidated
Interest income	$	49,971	$	—	$	—	$	9	$	49,980
Interest expense	5,256		—		—		1,206		6,462
Net interest income	44,715		—		—		(1,197)		43,518
Provision for credit losses	23,737		—		—		—		23,737
Noninterest income	8,284		5,504		4,209		3		18,000


Noninterest expense	28,546		3,729		2,925		760		35,960
Intersegment (revenue) expense*	(274)		146		128		—		—
Income (loss) before income taxes	990		1,629		1,156		(1,954)		1,821
Income tax (benefit) expense	(578)		331		242		(259)		(264)
Net income (loss)	$	1,568	$	1,298	$	914	$	(1,695)	$	2,085

Capital expenditures	$	1,274	$	1	$	6	$	20	$	1,301


	Three Months Ended
	June 30, 2019
(Dollars in thousands)	Banking		Wealth Management		Insurance		Other		Consolidated
Interest income	$	54,041	$	11	$	—	$	8	$	54,060
Interest expense	10,164		—		—		1,261		11,425
Net interest income	43,877		11		—		(1,253)		42,635
Provision for credit losses	2,073		—		—		—		2,073
Noninterest income	6,014		6,155		4,145		42		16,356


Noninterest expense	28,334		3,893		3,151		1,403		36,781
Intersegment (revenue) expense*	(295)		161		134		—		—
Income (expense) before income taxes	19,779		2,112		860		(2,614)		20,137
Income tax expense (benefit)	3,660		409		70		(470)		3,669
Net income (loss)	$	16,119	$	1,703	$	790	$	(2,144)	$	16,468

Capital expenditures	$	371	$	35	$	39	$	137	$	582


	Six Months Ended
	June 30, 2020
(Dollars in thousands)	Banking		Wealth Management		Insurance		Other		Consolidated
Interest income	$	101,975	$	7	$	—	$	17	$	101,999
Interest expense	13,532		—		—		2,481		16,013
Net interest income	88,443		7		—		(2,464)		85,986
Provision for credit losses	45,580		—		—		—		45,580
Noninterest income	15,836		11,691		9,096		(239)		36,384


Noninterest expense	59,793		7,907		6,121		916		74,737
Intersegment (revenue) expense*	(556)		298		258		—		—
(Loss) income before income taxes	(538)		3,493		2,717		(3,619)		2,053
Income tax (benefit) expense	(1,422)		713		577		(738)		(870)
Net income (loss)	$	884	$	2,780	$	2,140	$	(2,881)	$	2,923

Capital expenditures	$	1,645	$	6	$	9	$	20	$	1,680


	Six Months Ended
	June 30, 2019
(Dollars in thousands)	Banking		Wealth Management		Insurance		Other		Consolidated
Interest income	$	106,387	$	21	$	—	$	16	$	106,424
Interest expense	19,744		—		—		2,522		22,266
Net interest income	86,643		21		—		(2,506)		84,158
Provision for credit losses	4,753		—		—		—		4,753
Noninterest income	10,985		11,875		9,498		295		32,653


Noninterest expense	56,351		7,792		6,365		1,835		72,343
Intersegment (revenue) expense*	(594)		327		267		—		—
Income (expense) before income taxes	37,118		3,777		2,866		(4,046)		39,715
Income tax expense (benefit)	6,780		723		263		(598)		7,168
Net income (loss)	$	30,338	$	3,054	$	2,603	$	(3,448)	$	32,547

Capital expenditures	$	1,136	$	74	$	64	$	158	$	1,432