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Segment Information
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Segment Information
Segment Information 
 
The Company operates two primary segments: Community Banking and Home Lending. The Community Banking segment's principal business focus is the offering of loan and deposit products to business and retail customers in its primary market areas. As of December 31, 2015, the Community Banking segment operated 382 locations throughout Oregon, California, Washington, Idaho, and Nevada.  
 
The Home Lending segment, which operates as a division of the Bank, originates, sells and services residential mortgage loans.  
 
In the second quarter of 2014, the Company combined its Wealth Management segment into the Community Banking segment as Wealth Management no longer met the definition of an operating segment. The segment results for comparable periods have been modified to reflect the current period presentation.
 
Summarized financial information concerning the Company's reportable segments and the reconciliation to the consolidated financial results is shown in the following tables: 
Year Ended December 31, 2015 
 
 
 
 
 
 (in thousands)
Community
 
Home
 
 
 
Banking
 
Lending
 
Consolidated
Interest income
$
823,885

 
$
105,981

 
$
929,866

Interest expense
49,081

 
9,151

 
58,232

Net interest income
774,804

 
96,830

 
871,634

Provision for loan and lease losses
32,808

 
3,781

 
36,589

Non-interest income
130,877

 
144,847

 
275,724

Non-interest expense
646,492

 
117,150

 
763,642

Income before income taxes
226,381

 
120,746

 
347,127

Provision for income taxes
81,252

 
43,336

 
124,588

Net income
145,129

 
77,410

 
222,539

 
 
 
 
 
 
Total assets
$
20,195,322

 
$
3,191,883

 
$
23,387,205

Total loans and leases
$
14,164,743

 
$
2,682,617

 
$
16,847,360

Total deposits
$
17,689,815

 
$
17,374

 
$
17,707,189

 
Year Ended December 31, 2014
 
 
 
 
 
(in thousands)
Community
 
Home
 
 
 
Banking
 
Lending
 
Consolidated
Interest income
$
755,374

 
$
67,147

 
$
822,521

Interest expense
43,077

 
5,616

 
48,693

Net interest income
712,297

 
61,531

 
773,828

Provision for loan and lease losses
40,241

 

 
40,241

Non-interest income
93,177

 
87,997

 
181,174

Non-interest expense
615,275

 
68,788

 
684,063

Income before income taxes
149,958

 
80,740

 
230,698

Provision for income taxes
54,427

 
28,613

 
83,040

Net income
95,531

 
52,127

 
147,658

 
 
 
 
 
 
Total assets
$
20,095,189

 
$
2,514,714

 
$
22,609,903

Total loans and leases
$
13,181,463

 
$
2,146,269

 
$
15,327,732

Total deposits
$
16,850,682

 
$
41,417

 
$
16,892,099



Year Ended December 31, 2013 
 
 
 
 
 
(in thousands)
Community
 
Home
 
 
 
Banking
 
Lending
 
Consolidated
Interest income
$
420,854

 
$
21,992

 
$
442,846

Interest expense
35,367

 
2,514

 
37,881

Net interest income
385,487

 
19,478

 
404,965

Provision for loan and lease losses
10,716

 

 
10,716

Non-interest income
43,556

 
79,339

 
122,895

Non-interest expense
325,743

 
38,918

 
364,661

Income before income taxes
92,584

 
59,899

 
152,483

Provision for income taxes
30,232

 
23,960

 
54,192

Net income
62,352

 
35,939

 
98,291

 
 
 
 
 
 
Total assets
$
10,945,541

 
$
687,062

 
$
11,632,603

Total loans and leases
$
7,196,137

 
$
532,029

 
$
7,728,166

Total deposits
$
9,090,959

 
$
26,701

 
$
9,117,660