Information about the Reportable Segments |
The following table presents information about the reportable segments: | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Mortgage Banking | | Consumer (Retail) Banking | | Commercial and Corporate | | Treasury and Investments | | United States Operations | | Virgin Islands Operations | | Total | For the quarter ended September 30, 2018: | | | | | | | | | | | | | | | | | | | | | Interest income | $ | 31,746 | | $ | 46,052 | | $ | 34,644 | | $ | 15,911 | | $ | 21,227 | | $ | 7,912 | | $ | 157,492 | Net (charge) credit for transfer of funds | | (12,153) | | | 20,947 | | | (14,933) | | | 6,446 | | | (307) | | | - | | | - | Interest expense | | - | | | (7,164) | | | - | | | (11,075) | | | (5,840) | | | (892) | | | (24,971) | Net interest income | | 19,593 | | | 59,835 | | | 19,711 | | | 11,282 | | | 15,080 | | | 7,020 | | | 132,521 | | | | | | | | | | | | | | | | | | | | | | (Provision) release for loan and lease losses | | 635 | | | 2,485 | | | (10,684) | | | - | | | (5,130) | | | 1,170 | | | (11,524) | Non-interest income (loss) | | 4,552 | | | 12,323 | | | (685) | | | 151 | | | 624 | | | 1,558 | | | 18,523 | Direct non-interest expenses | | (12,001) | | | (28,210) | | | (7,911) | | | (878) | | | (8,279) | | | (7,194) | | | (64,473) | Segment income | $ | 12,779 | | $ | 46,433 | | $ | 431 | | $ | 10,555 | | $ | 2,295 | | $ | 2,554 | | $ | 75,047 | | | | | | | | | | | | | | | | | | | | | | Average earnings assets | $ | 2,248,691 | | $ | 1,645,170 | | $ | 2,486,910 | | $ | 2,637,825 | | $ | 1,752,007 | | $ | 527,468 | | $ | 11,298,071 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Mortgage Banking | | Consumer (Retail) Banking | | Commercial and Corporate | | Treasury and Investments | | United States Operations | | Virgin Islands Operations | | Total | For the quarter ended September 30, 2017: | | | | | | | | | | | | | | | | | | | | | Interest income | $ | 32,317 | | $ | 43,769 | | $ | 31,083 | | $ | 13,374 | | $ | 18,446 | | $ | 9,006 | | $ | 147,995 | Net (charge) credit for transfer of funds | | (11,268) | | | 9,351 | | | (8,748) | | | 11,198 | | | (533) | | | - | | | - | Interest expense | | - | | | (6,520) | | | - | | | (12,924) | | | (4,932) | | | (787) | | | (25,163) | Net interest income | | 21,049 | | | 46,600 | | | 22,335 | | | 11,648 | | | 12,981 | | | 8,219 | | | 122,832 | | | | | | | | | | | | | | | | | | | | | | Provision for loan and lease losses | | (20,495) | | | (33,067) | | | (13,621) | | | - | | | (789) | | | (7,041) | | | (75,013) | Non-interest income | | 2,908 | | | 11,242 | | | 1,014 | | | 1,459 | | | 697 | | | 1,325 | | | 18,645 | Direct non-interest expenses | | (8,174) | | | (27,193) | | | (8,102) | | | (1,014) | | | (7,605) | | | (7,254) | | | (59,342) | Segment (loss) income | $ | (4,712) | | $ | (2,418) | | $ | 1,626 | | $ | 12,093 | | $ | 5,284 | | $ | (4,751) | | $ | 7,122 | | | | | | | | | | | | | | | | | | | | | | Average earnings assets | $ | 2,434,963 | | $ | 1,758,653 | | $ | 2,477,266 | | $ | 2,228,990 | | $ | 1,581,726 | | $ | 602,366 | | $ | 11,083,964 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
(In thousands) | Mortgage Banking | | Consumer (Retail) Banking | | Commercial and Corporate | | Treasury and Investments | | United States Operations | | Virgin Islands Operations | | Total | Nine-Month Period Ended September 30, 2018 | | | | | | | | | | | | | | | | | | | | | Interest income | $ | 95,927 | | $ | 132,652 | | $ | 102,255 | | $ | 45,593 | | $ | 61,634 | | $ | 24,482 | | $ | 462,543 | Net (charge) credit for transfer of funds | | (35,027) | | | 54,233 | | | (43,181) | | | 25,125 | | | (1,150) | | | - | | | - | Interest expense | | - | | | (20,863) | | | - | | | (34,475) | | | (16,959) | | | (2,561) | | | (74,858) | Net interest income | | 60,900 | | | 166,022 | | | 59,074 | | | 36,243 | | | 43,525 | | | 21,921 | | | 387,685 | | | | | | | | | | | | | | | | | | | | | | Provision for loan and lease losses | | (4,004) | | | (16,011) | | | (19,744) | | | - | | | (8,186) | | | (3,659) | | | (51,604) | Non-interest income | | 13,302 | | | 35,504 | | | 2,785 | | | 2,600 | | | 2,492 | | | 5,096 | | | 61,779 | Direct non-interest expenses | | (30,192) | | | (84,173) | | | (22,710) | | | (2,777) | | | (24,768) | | | (22,224) | | | (186,844) | Segment income | $ | 40,006 | | $ | 101,342 | | $ | 19,405 | | $ | 36,066 | | $ | 13,063 | | $ | 1,134 | | $ | 211,016 | | | | | | | | | | | | | | | | | | | | | | Average earnings assets | $ | 2,269,960 | | $ | 1,601,812 | | $ | 2,546,090 | | $ | 2,597,967 | | $ | 1,734,970 | | $ | 546,610 | | $ | 11,297,409 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Mortgage Banking | | Consumer (Retail) Banking | | Commercial and Corporate | | Treasury and Investments | | United States Operations | | Virgin Islands Operations | | Total | Nine-Month Period Ended September 30, 2017 | | | | | | | | | | | | | | | | | | | | | Interest income | $ | 99,361 | | $ | 130,055 | | $ | 90,858 | | $ | 41,788 | | $ | 50,910 | | $ | 27,625 | | $ | 440,597 | Net (charge) credit for transfer of funds | | (34,466) | | | 20,799 | | | (27,071) | | | 41,858 | | | (1,120) | | | - | | | - | Interest expense | | - | | | (18,603) | | | - | | | (36,842) | | | (13,499) | | | (2,368) | | | (71,312) | Net interest income | | 64,895 | | | 132,251 | | | 63,787 | | | 46,804 | | | 36,291 | | | 25,257 | | | 369,285 | | | | | | | | | | | | | | | | | | | | | | Provision for loan and lease losses | | (40,598) | | | (47,976) | | | (20,906) | | | - | | | (885) | | | (8,186) | | | (118,551) | Non-interest income | | 11,258 | | | 37,224 | | | 2,972 | | | (10,273) | | | 1,776 | | | 4,480 | | | 47,437 | Direct non-interest expenses | | (27,675) | | | (82,677) | | | (27,240) | | | (3,190) | | | (23,579) | | | (20,922) | | | (185,283) | Segment income | $ | 7,880 | | $ | 38,822 | | $ | 18,613 | | $ | 33,341 | | $ | 13,603 | | $ | 629 | | $ | 112,888 | | | | | | | | | | | | | | | | | | | | | | Average earnings assets | $ | 2,469,037 | | $ | 1,771,376 | | $ | 2,500,180 | | $ | 2,176,164 | | $ | 1,492,727 | | $ | 609,765 | | $ | 11,019,249 |
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