Segment Reporting

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Segment Reporting

NOTE 11: SEGMENT REPORTING

For the quarters ended March 31, 2020 and 2019, the Company had two reportable business segments: Banking (FFB and FFIS) and Wealth Management (FFA). The results of FFI and any elimination entries are included in the column labeled Other. The following tables show key operating results for each of our business segments used to arrive at our consolidated totals for the following periods:

(dollars in thousands)		Banking				Wealth Management				Other					Total
Quarter ended March 31, 2020:
Interest income		$		62,338		$		—		$		—			$		62,338
Interest expense				17,440				—				30					17,470
Net interest income				44,898				—				(30	)				44,868
Provision for loan losses				4,079				—				—					4,079
Noninterest income				4,659				6,488				(472	)				10,675
Noninterest expense				26,229				6,165				463					32,857
Income (loss) before taxes on income		$		19,249		$		323		$		(965	)		$		18,607
Quarter ended March 31, 2019:
Interest income	$		60,544		$		—		$		—			$		60,544
Interest expense			19,482				—				15					19,497
Net interest income			41,062				—				(15		)			41,047
Provision for loan losses			540				—				—					540
Noninterest income			2,994				5,731				(260		)			8,465
Noninterest expense			26,587				5,518				840					32,945
Income (loss) before taxes on income	$		16,929		$		213		$		(1,115		)	$		16,027