Segment Reporting Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2020

The following tables provide reportable segment-specific information and reconciliations to consolidated financial information for the years ended December 31, 2020, 2019 and 2018.


(Dollars in thousands)	Banking		Wealth Management		Insurance		Other		Consolidated
For the Year Ended December 31, 2020
Interest income	$	203,904	$	8	$	—	$	33	$	203,945
Interest expense	22,822		—		—		6,762		29,584
Net interest income (expense)	181,082		8		—		(6,729)		174,361
Provision for credit losses	40,794		—		—		—		40,794
Noninterest income	37,910		23,814		16,682		(78)		78,328


Noninterest expense	126,131		15,720		12,142		1,005		154,998
Intersegment (revenue) expense*	(1,103)		627		476		—		—
Income (expense) before income taxes	53,170		7,475		4,064		(7,812)		56,897
Income tax expense (benefit)	9,153		1,525		858		(1,555)		9,981
Net income (loss)	$	44,017	$	5,950	$	3,206	$	(6,257)	$	46,916
Total assets	$	6,234,336	$	48,646	$	35,906	$	17,608	$	6,336,496
Net capital expenditures	$	3,646	$	24	$	46	$	33	$	3,749

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 credit losses	8,511		—		—		—		8,511
Noninterest income	23,748		23,946		17,318		410		65,422


Noninterest expense	116,283		15,799		12,477		1,531		146,090
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
Net 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 credit losses	20,310		—		—		—		20,310
Noninterest income	20,815		23,179		16,442		(263)		60,173


Noninterest expense	108,657		15,398		12,893		291		137,239
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
Net capital expenditures	$	3,091	$	45	$	30	$	201	$	3,367

*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.