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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Summary of Operating Results of Segments

The following tables present the operating results of the segments as of and for the three months ended March 31, 2020 and 2019:

 

 

Three Months Ended March 31, 2020

 

(In thousands)

 

Banking

 

 

Financial Services

 

 

Corporate

 

 

Consolidated

 

Net interest income (expense)

 

$

157,557

 

 

$

(352

)

 

$

(3,737

)

 

$

153,468

 

Provision for credit losses

 

 

83,429

 

 

 

 

 

 

 

 

 

83,429

 

Noninterest income

 

 

25,343

 

 

 

10,208

 

 

 

(482

)

 

 

35,069

 

Noninterest expense

 

 

528,066

 

 

 

8,710

 

 

 

877

 

 

 

537,653

 

Income tax (benefit) expense

 

 

(30,922

)

 

 

95

 

 

 

(2,407

)

 

 

(33,234

)

Net (loss) income

 

$

(397,673

)

 

$

1,051

 

 

$

(2,689

)

 

$

(399,311

)

Total assets

 

$

17,142,981

 

 

$

90,600

 

 

$

4,337

 

 

$

17,237,918

 

 

 

 

Three Months Ended March 31, 2019

 

(In thousands)

 

Banking

 

 

Financial Services

 

 

Corporate

 

 

Consolidated

 

Net interest income (expense)

 

$

174,396

 

 

$

(630

)

 

$

(4,477

)

 

$

169,289

 

Provision for credit losses

 

 

11,210

 

 

 

 

 

 

 

 

 

11,210

 

Noninterest income

 

 

20,087

 

 

 

10,285

 

 

 

292

 

 

 

30,664

 

Noninterest expense

 

 

97,324

 

 

 

7,652

 

 

 

8,464

 

 

 

113,440

 

Income tax expense (benefit)

 

 

19,862

 

 

 

373

 

 

 

(3,133

)

 

 

17,102

 

Net income (loss)

 

$

66,087

 

 

$

1,630

 

 

$

(9,516

)

 

$

58,201

 

Total assets

 

$

17,347,134

 

 

$

100,175

 

 

$

5,602

 

 

$

17,452,911