Business Segments (Tables)

9 Months Ended

Sep. 30, 2021

Business Segments [Abstract]

Schedule of Segment Reporting Information

	Quarter Ended September 30, 2021
			Wealth				Total Major				Consolidated
	Banking		Management		Treasury		Segments		Eliminations		Total
	(In thousands)
Interest income	$	108,479	$	7	$	3,653	$	112,139	$	-	$	112,139
Interest expense		(8,946)		-		(488)		(9,434)		-		(9,434)
Net interest income		99,533		7		3,165		102,705		-		102,705
Recapture of credit losses, net		4,815		-		182		4,997		-		4,997
Non-interest income		24,348		8,079		90		32,517		-		32,517
Non-interest expenses		(72,463)		(5,245)		(1,216)		(78,924)		-		(78,924)
Intersegment revenue		616		-		-		616		(616)		-
Intersegment expenses		-		(318)		(298)		(616)		616		-
Income before income taxes	$	56,849	$	2,523	$	1,923	$	61,295	$	-	$	61,295
Income tax expense		19,614		-		10		19,624		-		19,624
Net income	$	37,235	$	2,523	$	1,913	$	41,671	$	-	$	41,671
Total assets	$	8,116,648	$	24,581	$	3,558,568	$	11,699,797	$	(1,092,932)	$	10,606,865
	Nine-Month Period Ended September 30, 2021
			Wealth				Total Major				Consolidated
	Banking		Management		Treasury		Segments		Eliminations		Total
	(In thousands)
Interest income	$	327,167	$	25	$	9,392	$	336,584	$	-	$	336,584
Interest expense		(31,794)		-		(1,624)		(33,418)		-		(33,418)
Net interest income		295,373		25		7,768		303,166		-		303,166
Recapture of credit losses, net		5,964		-		1,014		6,978		-		6,978
Non-interest income		71,424		23,584		107		95,115		-		95,115
Non-interest expenses		(222,960)		(13,089)		(3,217)		(239,266)		-		(239,266)
Intersegment revenue		1,714		-		-		1,714		(1,714)		-
Intersegment expenses		-		(911)		(803)		(1,714)		1,714		-
Income before income taxes	$	151,515	$	9,609	$	4,869	$	165,993	$	-	$	165,993
Income tax expense		53,089		-		33		53,122		-		53,122
Net income	$	98,426	$	9,609	$	4,836	$	112,871	$	-	$	112,871
Total assets	$	8,116,648	$	24,581	$	3,558,568	$	11,699,797	$	(1,092,932)	$	10,606,865

	Quarter Ended September 30, 2020
			Wealth				Total Major				Consolidated
	Banking		Management		Treasury		Segments		Eliminations		Total
	(In thousands)
Interest income	$	112,832	$	14	$	2,091	$	114,937	$	-	$	114,937
Interest expense		(14,092)		-		(1,312)		(15,404)		-		(15,404)
Net interest income		98,740		14		779		99,533		-		99,533
Provision (recapture) for credit losses, net		(14,461)		-		792		(13,669)		-		(13,669)
Non-interest income		23,994		7,323		9		31,326		-		31,326
Non-interest expenses		(76,988)		(5,138)		(1,318)		(83,444)		-		(83,444)
Intersegment revenue		769		-		-		769		(769)		-
Intersegment expenses		-		(225)		(544)		(769)		769		-
Income before income taxes	$	32,054	$	1,974	$	(282)	$	33,746	$	-	$	33,746
Income tax expense (benefit)		6,308		(13)		13		6,308		-		6,308
Net income	$	25,746	$	1,987	$	(295)	$	27,438	$	-	$	27,438
Total assets	$	9,367,141	$	33,006	$	1,725,221	$	11,125,368	$	(1,106,377)	$	10,018,991
	Nine-Month Period Ended September 30, 2020
			Wealth				Total Major				Consolidated
	Banking		Management		Treasury		Segments		Eliminations		Total
	(In thousands)
Interest income	$	351,933	$	46	$	8,347	$	360,326	$	-	$	360,326
Interest expense		(44,307)		-		(6,325)		(50,632)		-		(50,632)
Net interest income		307,626		46		2,022		309,694		-		309,694
Provision for credit losses, net		(77,795)		-		(701)		(78,496)		-		(78,496)
Non-interest income		64,349		21,089		4,490		89,928		-		89,928
Non-interest expenses		(237,943)		(14,819)		(3,485)		(256,247)		-		(256,247)
Intersegment revenue		1,920		-		-		1,920		(1,920)		-
Intersegment expenses		-		(580)		(1,340)		(1,920)		1,920		-
Income before income taxes	$	58,157	$	5,736	$	986	$	64,879	$	-	$	64,879
Income tax expense		9,305		4,506		42		13,853		-		13,853
Net income	$	48,852	$	1,230	$	944	$	51,026	$	-	$	51,026
Total assets	$	9,367,141	$	33,006	$	1,725,221	$	11,125,368	$	(1,106,377)	$	10,018,991