BUSINESS SEGMENTS

We operate in four reportable segments: Community Banking, Wealth Management, Insurance and Consumer Finance.

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The Community Banking segment provides commercial and consumer banking services. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, international banking, business credit, capital markets and lease financing. Consumer banking products and services include deposit products, mortgage lending, consumer lending and a complete suite of mobile and online banking services.


•	The Wealth Management segment provides a broad range of personal and corporate fiduciary services including the administration of decedent and trust estates. In addition, it offers various alternative products, including securities brokerage and investment advisory services, mutual funds and annuities.


•	The Insurance segment includes a full-service insurance agency offering all lines of commercial and personal insurance through major carriers. The Insurance segment also includes a reinsurer.


•	The Consumer Finance segment primarily makes installment loans to individuals and purchases installment sales finance contracts from retail merchants. The Consumer Finance segment activity is funded through the sale of subordinated notes, which are issued by a wholly-owned subsidiary and guaranteed by us.

The following tables provide financial information for these segments of FNB. The information provided under the caption “Parent and Other” represents operations not considered to be reportable segments and/or general operating expenses of FNB, and includes the parent company, other non-bank subsidiaries and eliminations and adjustments to reconcile to the consolidated financial statements.



(in thousands)	Community Banking		Wealth Management		Insurance		Consumer Finance		Parent and Other			Consolidated
At or for the Three Months Ended September 30, 2017
Interest income	$	249,923	$	—	$	20	$	9,981	$	3,590		$	263,514
Interest expense	29,463		—		—		938		7,882			38,283
Net interest income	220,460		—		20		9,043		(4,292		)	225,231
Provision for credit losses	14,847		—		—		1,921		—			16,768
Non-interest income	52,020		10,006		4,209		741		(825		)	66,151
Non-interest expense⁽¹⁾	142,015		7,451		3,907		5,261		304			158,938
Amortization of intangibles	4,689		64		52		—		—			4,805
Income tax expense (benefit)	33,238		904		105		1,038		(2,107		)	33,178
Net income (loss)	77,691		1,587		165		1,564		(3,314		)	77,693
Total assets	30,889,485		23,573		21,242		185,209		3,786			31,123,295
Total intangibles	2,359,661		10,224		12,179		1,809		—			2,383,873
At or for the Three Months Ended September 30, 2016
Interest income	$	162,714	$	—	$	21	$	10,260	$	2,115		$	175,110
Interest expense	14,791		—		—		949		1,864			17,604
Net interest income	147,923		—		21		9,311		251			157,506
Provision for credit losses	12,766		—		—		1,517		356			14,639
Non-interest income	40,760		8,835		3,847		728		(930		)	53,240
Non-interest expense ⁽¹⁾	101,744		6,619		3,249		5,328		539			117,479
Amortization of intangibles	3,422		65		84		—		—			3,571
Income tax expense (benefit)	21,449		781		196		1,238		(775		)	22,889
Net income	49,302		1,370		339		1,956		(799		)	52,168
Total assets	21,383,500		19,490		21,464		191,524		(32,064		)	21,583,914
Total intangibles	1,079,196		10,253		12,394		1,809		—			1,103,652

(1) Excludes amortization of intangibles, which is presented separately.



(in thousands)	Community Banking		Wealth Management		Insurance		Consumer Finance		Parent and Other			Consolidated
At or for the Nine Months Ended September 30, 2017
Interest income	$	677,221	$	—	$	59	$	29,997	$	1,964		$	709,241
Interest expense	76,742		—		—		2,748		13,353			92,843
Net interest income	600,479		—		59		27,249		(11,389		)	616,398
Provision for credit losses	38,649		—		—		5,725		—			44,374
Non-interest income	145,768		29,376		12,030		2,221		(2,050		)	187,345
Non-interest expense ⁽¹⁾	451,740		22,978		10,678		15,780		1,120			502,296
Amortization of intangibles	12,365		190		161		—		—			12,716
Income tax expense (benefit)	69,749		2,266		462		3,178		(6,376		)	69,279
Net income (loss)	173,744		3,942		788		4,787		(8,183		)	175,078
Total assets	30,889,485		23,573		21,242		185,209		3,786			31,123,295
Total intangibles	2,359,661		10,224		12,179		1,809		—			2,383,873
At or for the Nine Months Ended September 30, 2016
Interest income	$	465,592	$	—	$	64	$	30,171	$	5,968		$	501,795
Interest expense	41,153		—		—		2,820		5,593			49,566
Net interest income	424,439		—		64		27,351		375			452,229
Provision for credit losses	37,081		—		—		4,515		1,451			43,047
Non-interest income	111,507		26,834		11,309		2,198		(1,153		)	150,695
Non-interest expense ⁽¹⁾	329,578		20,668		9,826		15,904		1,743			377,719
Amortization of intangibles	9,043		194		371		—		—			9,608
Income tax expense (benefit)	48,850		2,168		430		3,558		(2,056		)	52,950
Net income	111,394		3,804		746		5,572		(1,916		)	119,600
Total assets	21,383,500		19,490		21,464		191,524		(32,064		)	21,583,914
Total intangibles	1,079,196		10,253		12,394		1,809		—			1,103,652

(1) Excludes amortization of intangibles, which is presented separately.